Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 31000
per

Your estimated
City
free-cash

Valencia , Spain
-₽8592
-₽6946
-₽3473
-₽12430
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
4 155
accident
-
-
-
279
unemployment
-
-
-
216
pensions
-
-
-
8 774
other
-
-
-
30
total
-
-
-
13 454
Employee
32 932
-
21 518
-
other
32
-
30
-
income
6 349
-
3 730
-
unemployment
510
-
461
-
pensions
1 548
-
1 398
-
total
8 439
-
5 619
-
Employer
32 932
-
21 518
-
unemployment
1 812
-
1 636
-
pensions
7 771
-
7 019
-
other
264
-
238
-
accident
652
-
588
-
total
10 499
-
9 481
-
Corporate
-
31 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
4 650
-
-
total
-
4 650
-
-
Dividends
-
26 350
-
-
withholding
-
5 331
-
-
total
-
5 331
-
-
Income
31 000
31 000
31 000
31 000
Total tax
18 938
9 981
15 100
13 454
After tax
12 062
21 019
15 900
17 546
Living cost
24 492
24 492
24 492
24 492
Free-cash
-12 430
-3 473
-8 592
-6 946

Estimated living cost  is ₽24492 per week

₽16532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
-₽5559
-₽6944
-₽957
-₽9488
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
3 938
health
-
-
-
1 364
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
7 438
other
-
-
-
1 472
total
-
-
-
14 212
Employee
32 338
-
24 758
-
income
5 567
-
4 263
-
health
453
-
346
-
unemployment
323
-
247
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 263
-
1 732
-
total
8 606
-
6 588
-
Employer
32 338
-
24 758
-
unemployment
323
-
247
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

5 498
-
4 209
-
other
1 617
-
1 239
-
accident
259
-
198
-
health
453
-
346
-
total
8 150
-
6 239
-
Corporate
-
31 000
-
-
income
-
6 511
-
-
total
-
6 511
-
-
Dividends
-
24 489
-
-
withholding
-
1 714
-
-
total
-
1 714
-
-
Income
31 000
31 000
31 000
31 000
Total tax
16 756
8 225
12 827
14 212
After tax
14 244
22 775
18 173
16 788
Living cost
23 732
23 732
23 732
23 732
Free-cash
-9 488
-957
-5 559
-6 944

Estimated living cost  is ₽23732 per week

₽16768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽7912
₽6412
₽14844
₽10712
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
4 650
health
-
-
-
3 565
unemployment
-
-
-
124
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
4 588
total
-
-
-
12 927
Employee
15 441
-
25 915
-
income
1 544
-
2 591
-
health
710
-
1 192
-
accident

We are using the highest rate at 1.1%.

170
-
285
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 356
-
2 276
-
total
3 780
-
6 344
-
Employer
15 441
-
25 915
-
unemployment
92
-
155
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 702
-
2 855
-
accident

We are using the highest rate at 1.1%.

170
-
285
-
health
1 066
-
1 788
-
total
3 030
-
5 083
-
Corporate
12 530
31 000
-
-
income
1 253
3 100
-
-
total
1 253
3 100
-
-
Dividends
11 277
27 900
-
-
withholding
564
1 395
-
-
total
564
1 395
-
-
Income
31 000
31 000
31 000
31 000
Total tax
8 627
4 495
11 427
12 927
After tax
22 373
26 505
19 573
18 073
Living cost
11 661
11 661
11 661
11 661
Free-cash
10 712
14 844
7 912
6 412

Estimated living cost  is ₽11661 per week

₽6808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
-₽10691
-₽11441
-₽14847
-₽19023
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
382
social contributions
-
-
-
882
health
-
-
-
270
surtax
-
-
-
-
pensions
-
-
-
9 473
other
-
-
-
962
total
-
-
-
11 969
Employee
38 118
-
23 622
-
income
2 250
-
497
-
social contributions
1 087
-
674
-
surtax
-
-
-
-
pensions
4 310
-
2 670
-
total
7 647
-
3 841
-
Employer
38 118
-
23 622
-
unemployment
1 543
-
957
-
social contributions
115
-
71
-
pensions
6 262
-
3 882
-
other
1 315
-
815
-
health
2 669
-
1 653
-
total
11 904
-
7 378
-
Corporate
-
31 000
-
-
income
-
8 681
-
-
surtax
-
-
-
-
total
-
8 681
-
-
Dividends
-
22 319
-
-
withholding
-
2 856
-
-
surtax
-
-
-
-
social contributions
-
3 838
-
-
total
-
6 694
-
-
Income
31 000
31 000
31 000
31 000
Total tax
19 551
15 375
11 219
11 969
After tax
11 449
15 625
19 781
19 031
Living cost
30 472
30 472
30 472
30 472
Free-cash
-19 023
-14 847
-10 691
-11 441

Estimated living cost  is ₽30472 per week

₽19214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-₽57442
-₽19437
-₽52443
-₽57442
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
2 790
health
-
-
-
4 758
pensions
-
-
-
5 579
total
-
-
-
13 127
Employee
76 057
76 057
76 057
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

12 449
12 449
12 449
-
health
11 674
9 930
11 674
-
pensions
13 690
10 435
13 690
-
total
37 813
32 814
37 813
-
Employer
76 057
76 057
76 057
-
unemployment
2 738
2 738
2 738
-
pensions
5 294
5 294
5 294
-
health
5 287
5 287
5 287
-
total
13 319
13 319
13 319
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
51 132
46 133
51 132
13 127
After tax
-20 132
-15 133
-20 132
17 873
Living cost
37 310
37 310
37 310
37 310
Free-cash
-57 442
-52 443
-57 442
-19 437

Estimated living cost  is ₽37310 per week

₽26441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
-₽2270
-₽2270
-₽11134
-₽3066
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
31 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
198
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 085
trade
-
-
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
10
total
-
-
-
6 293
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

34 065
-
31 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

952
-
198
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 085
-
6 085
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

52
-
10
-
total
7 089
-
6 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 000
-
-
chamber of commerce
-
179
-
-
income
-
4 650
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
255
-
-
trade
-
4 883
-
-
total
-
9 967
-
-
Dividends
-
21 033
-
-
withholding
-
4 920
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
270
-
-
total
-
5 190
-
-
Income
31 000
31 000
31 000
31 000
Total tax
7 089
15 157
6 293
6 293
After tax
23 911
15 843
24 707
24 707
Living cost
26 977
26 977
26 977
26 977
Free-cash
-3 066
-11 134
-2 270
-2 270

Estimated living cost  is ₽26977 per week

₽16969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
-₽2842
₽4233
-₽9762
-₽3363
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
33 858
income
-
-
-
-
social contributions
-
-
-
5 282
health
-
-
-
864
total
-
-
-
6 146
Employee
68 486
68 486
68 486
-
income
7 457
6 340
7 550
-
social contributions
2 589
5 684
2 336
-
health
531
1 165
478
-
total
10 577
13 189
10 364
-
Employer
68 486
68 486
68 486
-
social contributions
2 589
5 684
2 336
-
health
576
1 268
521
-
total
3 165
6 952
2 857
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 742
20 141
13 221
6 146
After tax
17 258
10 859
17 779
24 854
Living cost
20 621
20 621
20 621
20 621
Free-cash
-3 363
-9 762
-2 842
4 233

Estimated living cost  is ₽20621 per week

₽12358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
-₽9982
-₽9561
-₽10305
-₽19692
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
31 000
income
-
-
-
1 851
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
10 773
surtax
-
-
-
-
total
-
-
-
12 624
Employee
40 963
-
25 051
-
income
8 520
-
4 341
-
social contributions
4 506
-
2 755
-
surtax
-
-
-
-
total
13 026
-
7 096
-
Employer
40 963
-
25 051
-
social contributions
9 729
-
5 949
-
total
9 729
-
5 949
-
Corporate
-
31 000
-
-
income
-
6 511
-
-
surtax
-
-
-
-
total
-
6 511
-
-
Dividends
-
24 489
-
-
withholding
-
6 857
-
-
total
-
6 857
-
-
Income
31 000
31 000
31 000
31 000
Total tax
22 755
13 368
13 045
12 624
After tax
8 245
17 632
17 955
18 376
Living cost
27 937
27 937
27 937
27 937
Free-cash
-19 692
-10 305
-9 982
-9 561

Estimated living cost  is ₽27937 per week

₽20902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽18459
₽24349
₽23109
₽21920
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
31 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
310
total
-
-
-
310
Employee
7 926
-
31 000
-
income
1 585
-
6 200
-
total
1 585
-
6 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

23 074
31 000
-
-
total
-
-
-
-
Dividends
23 074
31 000
-
-
withholding
1 154
1 550
-
-
total
1 154
1 550
-
-
Income
31 000
31 000
31 000
31 000
Total tax
2 739
1 550
6 200
310
After tax
28 261
29 450
24 800
30 690
Living cost
6 341
6 341
6 341
6 341
Free-cash
21 920
23 109
18 459
24 349

Estimated living cost  is ₽6341 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
-₽7143
-₽6162
-₽2545
-₽14518
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
31 000
income
-
-
-
4 513
health
-
-
-
3 051
unemployment
-
-
-
47
pensions
-
-
-
5 662
total
-
-
-
13 273
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 385
-
26 822
-
income
6 792
-
4 150
-
health
2 544
-
1 732
-
unemployment
56
-
37
-
pensions
6 105
-
4 158
-
total
15 497
-
10 077
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 385
-
26 822
-
unemployment
24
-
17
-
pensions
3 485
-
2 373
-
health
2 623
-
1 787
-
total
6 132
-
4 177
-
Corporate
-
31 000
-
-
income
-
5 890
-
-
total
-
5 890
-
-
Dividends
-
25 110
-
-
withholding
-
3 766
-
-
total
-
3 766
-
-
Income
31 000
31 000
31 000
31 000
Total tax
21 629
9 656
14 254
13 273
After tax
9 371
21 344
16 746
17 727
Living cost
23 889
23 889
23 889
23 889
Free-cash
-14 518
-2 545
-7 143
-6 162

Estimated living cost  is ₽23889 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
-₽8557
-₽32452
-₽15202
-₽16611
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
31 000
income
-
-
-
25 352
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
5 769
total
-
-
-
31 121
Employee
40 858
-
28 177
-
social contributions
4 094
-
2 823
-
income
4 433
-
1 580
-
total
8 527
-
4 403
-
Employer
40 858
-
28 177
-
social contributions
4 094
-
2 823
-
total
4 094
-
2 823
-
Corporate
-
31 000
-
-
income
-
10 849
-
-
total
-
10 849
-
-
Dividends
-
20 151
-
-
social contributions
2 659
3 022
-
-
total
2 659
3 022
-
-
Income
31 000
31 000
31 000
31 000
Total tax
15 280
13 871
7 226
31 121
After tax
15 720
17 129
23 774
-121
Living cost
32 331
32 331
32 331
32 331
Free-cash
-16 611
-15 202
-8 557
-32 452

Estimated living cost  is ₽32331 per week

₽21296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽452
₽1023
₽26
-₽1694
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
4 650
social contributions
-
-
-
4 278
health
-
-
-
2 163
total
-
-
-
11 091
Employee
30 198
-
31 000
-
income
5 037
-
5 221
-
social contributions
4 168
-
4 278
-
health
2 108
-
2 163
-
total
11 313
-
11 662
-
Employer
30 198
-
31 000
-
total
-
-
-
-
Corporate
802
31 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

41
1 550
-
-
total
41
1 550
-
-
Dividends
761
29 450
-
-
withholding
115
4 418
-
-
health
786
2 055
-
-
social contributions
1 553
4 065
-
-
total
2 454
10 538
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 808
12 088
11 662
11 091
After tax
17 192
18 912
19 338
19 909
Living cost
18 886
18 886
18 886
18 886
Free-cash
-1 694
26
452
1 023

Estimated living cost  is ₽18886 per week

₽12639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
-₽8494
-₽9126
-₽2882
-₽16737
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
2 664
social contributions
-
-
-
9 052
solidarity contribution
-
-
-
-
health
-
-
-
4 185
total
-
-
-
15 901
Employee
35 625
-
23 134
-
solidarity contribution
-
-
-
-
income
4 275
-
2 776
-
social contributions
2 316
-
1 504
-
health
4 809
-
3 123
-
total
11 400
-
7 403
-
Employer
35 625
-
23 134
-
social contributions
8 906
-
5 784
-
health
3 206
-
2 082
-
total
12 112
-
7 866
-
Corporate
-
31 000
-
-
income
-
5 890
-
-
total
-
5 890
-
-
Dividends
-
25 110
-
-
withholding
-
3 767
-
-
total
-
3 767
-
-
Income
31 000
31 000
31 000
31 000
Total tax
23 512
9 657
15 269
15 901
After tax
7 488
21 343
15 731
15 099
Living cost
24 225
24 225
24 225
24 225
Free-cash
-16 737
-2 882
-8 494
-9 126

Estimated living cost  is ₽24225 per week

₽18015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽14918
₽20808
₽19568
₽17714
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
31 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
310
total
-
-
-
310
Employee
12 352
-
31 000
-
income
2 471
-
6 200
-
total
2 471
-
6 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

18 648
31 000
-
-
total
-
-
-
-
Dividends
18 648
31 000
-
-
withholding
933
1 550
-
-
total
933
1 550
-
-
Income
31 000
31 000
31 000
31 000
Total tax
3 404
1 550
6 200
310
After tax
27 596
29 450
24 800
30 690
Living cost
9 882
9 882
9 882
9 882
Free-cash
17 714
19 568
14 918
20 808

Estimated living cost  is ₽9882 per week

₽6687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
-₽23236
-₽23986
-₽27392
-₽42204
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
382
social contributions
-
-
-
882
health
-
-
-
270
surtax
-
-
-
-
pensions
-
-
-
9 473
other
-
-
-
962
total
-
-
-
11 969
Employee
55 783
-
23 622
-
income
4 867
-
497
-
social contributions
1 589
-
674
-
surtax
-
-
-
-
pensions
6 309
-
2 670
-
total
12 765
-
3 841
-
Employer
55 783
-
23 622
-
unemployment
2 260
-
957
-
social contributions
167
-
71
-
pensions
9 166
-
3 882
-
other
1 925
-
815
-
health
3 904
-
1 653
-
total
17 422
-
7 378
-
Corporate
-
31 000
-
-
income
-
8 681
-
-
surtax
-
-
-
-
total
-
8 681
-
-
Dividends
-
22 319
-
-
withholding
-
2 856
-
-
surtax
-
-
-
-
social contributions
-
3 838
-
-
total
-
6 694
-
-
Income
31 000
31 000
31 000
31 000
Total tax
30 187
15 375
11 219
11 969
After tax
813
15 625
19 781
19 031
Living cost
43 017
43 017
43 017
43 017
Free-cash
-42 204
-27 392
-23 236
-23 986

Estimated living cost  is ₽43017 per week

₽29113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽1878
₽542
₽7032
₽2660
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
31 000
income
-
-
-
3 375
health
-
-
-
3 193
unemployment
-
-
-
465
pensions
-
-
-
8 060
total
-
-
-
15 093
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 169
-
26 293
-
income
3 194
-
3 819
-
health
1 193
-
1 354
-
unemployment
174
-
197
-
pensions
3 244
-
3 681
-
total
7 805
-
9 051
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 169
-
26 293
-
unemployment
174
-
197
-
pensions
2 780
-
3 155
-
health
1 193
-
1 354
-
total
4 147
-
4 706
-
Corporate
3 684
31 000
-
-
income
553
4 650
-
-
total
553
4 650
-
-
Dividends
3 131
26 350
-
-
withholding
470
3 953
-
-
total
470
3 953
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 975
8 603
13 757
15 093
After tax
18 025
22 397
17 243
15 907
Living cost
15 365
15 365
15 365
15 365
Free-cash
2 660
7 032
1 878
542

Estimated living cost  is ₽15365 per week

₽10345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-₽37945
-₽35673
-₽48023
-₽48725
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
regional
-
-
-
439
national
-
-
-
32
health
-
-
-
203
city
-
-
-
326
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
620
pensions
-
-
-
2 853
total
-
-
-
4 473
Employee
72 790
-
27 367
-
regional
2 384
-
332
-
city
781
-
289
-
health
165
-
62
-
unemployment
-
-
-
-
national
345
-
8
-
pensions
6 115
-
2 722
-
total
9 790
-
3 413
-
Employer
72 790
-
27 367
-
unemployment
-
-
-
-
pensions
6 115
-
2 722
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 455
-
548
-
health
165
-
62
-
total
7 735
-
3 332
-
Corporate
-
31 000
-
-
regional
-
6 556
-
-
national
-
2 634
-
-
total
-
9 190
-
-
Dividends
-
21 809
-
-
withholding
-
7 633
-
-
total
-
7 633
-
-
Income
31 000
31 000
31 000
31 000
Total tax
17 525
16 823
6 745
4 473
After tax
13 475
14 177
24 255
26 527
Living cost
62 200
62 200
62 200
62 200
Free-cash
-48 725
-48 023
-37 945
-35 673

Estimated living cost  is ₽62200 per week

₽40448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽15407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
-₽14596
-₽8930
-₽12742
-₽24699
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
31 000
municipal
-
-
-
5 561
national
-
-
-
69
health
-
-
-
106
total
-
-
-
5 736
Employee
46 859
-
26 080
-
health
350
-
30
-
unemployment
703
-
390
-
national
774
-
-
-
municipal
7 675
-
4 301
-
pensions
3 162
-
1 761
-
total
12 664
-
6 482
-
Employer
46 859
-
26 080
-
unemployment
304
-
169
-
pensions
8 130
-
4 525
-
accident
47
-
25
-
health
360
-
201
-
total
8 841
-
4 920
-
Corporate
-
31 000
-
-
income
-
6 200
-
-
total
-
6 200
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

-
18 600
-
-
national
-
-
-
-
municipal
-
3 348
-
-
total
-
3 348
-
-
Income
31 000
31 000
31 000
31 000
Total tax
21 505
9 548
11 402
5 736
After tax
9 495
21 452
19 598
25 264
Living cost
34 194
34 194
34 194
34 194
Free-cash
-24 699
-12 742
-14 596
-8 930

Estimated living cost  is ₽34194 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
-₽18070
-₽13292
-₽14875
-₽51253
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
national
-
-
-
8 360
social contributions
-
-
-
1 700
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
1 758
total
-
-
-
11 818
Employee

The minimum management director salary is set at €45,000 per year.

63 708
-
24 008
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 993
-
1 127
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 323
-
1 252
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

554
-
210
-
national
19 586
-
5 218
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 778
-
1 800
-
total
31 234
-
9 607
-
Employer

The minimum management director salary is set at €45,000 per year.

63 708
-
24 008
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

930
-
350
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 645
-
2 128
-
surtax
7 224
-
2 721
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

828
-
313
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 918
-
1 477
-
total
18 545
-
6 989
-
Corporate
-
31 000
-
-
income
-
6 200
-
-
surtax
-
123
-
-
total
-
6 323
-
-
Dividends
-
24 677
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

-
7 078
-
-
total
-
7 078
-
-
Income
31 000
31 000
31 000
31 000
Total tax
49 779
13 401
16 596
11 818
After tax
-18 779
17 599
14 404
19 182
Living cost
32 474
32 474
32 474
32 474
Free-cash
-51 253
-14 875
-18 070
-13 292

Estimated living cost  is ₽32474 per week

₽20917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
-₽19633
-₽20733
-₽19261
-₽36764
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
municipal
-
-
-
6 566
national
-
-
-
-
health
-
-
-
1 934
accident
-
-
-
62
unemployment
-
-
-
31
pensions
-
-
-
3 351
other
-
-
-
3 602
total
-
-
-
15 546
Employee
51 564
-
23 589
-
national
-
-
-
-
municipal
15 376
-
7 034
-
total
15 376
-
7 034
-
Employer
51 564
-
23 589
-
unemployment
1 361
-
623
-
pensions
5 574
-
2 550
-
other
5 992
-
2 741
-
accident
103
-
47
-
health
3 171
-
1 451
-
total
16 201
-
7 412
-
Corporate
-
31 000
-
-
income
-
6 820
-
-
total
-
6 820
-
-
Dividends
-
24 180
-
-
withholding
-
7 254
-
-
total
-
7 254
-
-
Income
31 000
31 000
31 000
31 000
Total tax
31 577
14 074
14 446
15 546
After tax
-577
16 926
16 554
15 454
Living cost
36 187
36 187
36 187
36 187
Free-cash
-36 764
-19 261
-19 633
-20 733

Estimated living cost  is ₽36187 per week

₽23984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽20063
-₽17308
-₽19871
-₽102839
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
6 043
social contributions
-
-
-
3 534
total
-
-
-
9 577
Employee
55 535
-
3 025
-
income
12 250
-
523
-
social contributions
4 554
-
649
-
total
16 804
-
1 172
-
Employer
55 535
-
3 025
-
social contributions
78 304
-
11 160
-
total
78 304
-
11 160
-
Corporate
-
31 000
-
-
income
-
6 820
-
-
total
-
6 820
-
-
Dividends
-
24 180
-
-
income
-
5 320
-
-
total
-
5 320
-
-
Income
31 000
31 000
31 000
31 000
Total tax
95 108
12 140
12 332
9 577
After tax
-64 108
18 860
18 668
21 423
Living cost
38 731
38 731
38 731
38 731
Free-cash
-102 839
-19 871
-20 063
-17 308

Estimated living cost  is ₽38731 per week

₽25130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
-₽11109
-₽4034
-₽18029
-₽13159
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
33 858
income
-
-
-
-
social contributions
-
-
-
5 282
health
-
-
-
864
total
-
-
-
6 146
Employee
68 486
68 486
68 486
-
income
7 192
6 340
7 550
-
social contributions
3 328
5 684
2 336
-
health
681
1 165
478
-
total
11 201
13 189
10 364
-
Employer
68 486
68 486
68 486
-
social contributions
3 328
5 684
2 336
-
health
742
1 268
521
-
total
4 070
6 952
2 857
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
15 271
20 141
13 221
6 146
After tax
15 729
10 859
17 779
24 854
Living cost
28 888
28 888
28 888
28 888
Free-cash
-13 159
-18 029
-11 109
-4 034

Estimated living cost  is ₽28888 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
-₽10842
-₽8310
-₽8804
-₽18242
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
5 931
pensions
-
-
-
1 350
total
-
-
-
7 281
Employee
43 964
-
28 199
-
income
8 006
-
5 296
-
health
573
-
251
-
pensions
3 356
-
1 464
-
total
11 935
-
7 011
-
Employer
43 964
-
28 199
-
pensions
4 442
-
2 266
-
health
836
-
536
-
total
5 278
-
2 802
-
Corporate
-
31 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
5 891
-
-
total
-
5 891
-
-
Dividends
-
25 109
-
-
withholding
-
1 884
-
-
total
-
1 884
-
-
Income
31 000
31 000
31 000
31 000
Total tax
17 213
7 775
9 813
7 281
After tax
13 787
23 225
21 187
23 719
Living cost
32 029
32 029
32 029
32 029
Free-cash
-18 242
-8 804
-10 842
-8 310

Estimated living cost  is ₽32029 per week

₽21971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
-₽20200
-₽18358
-₽19151
-₽44052
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
municipal
-
-
-
208
regional
-
-
-
399
national
-
-
-
5 297
social contributions
-
-
-
7 973
total
-
-
-
13 877
Employee
75 051
-
31 000
-
regional
1 133
-
355
-
social contributions
25 307
-
10 454
-
national
12 683
-
4 726
-
municipal
448
-
184
-
total
39 571
-
15 719
-
Employer
75 051
-
31 000
-
total
-
-
-
-
Corporate
-
31 000
-
-
nationa
-
7 440
-
-
municipal
-
1 494
-
-
total
-
8 934
-
-
Dividends
-
22 066
-
-
withholding
-
5 736
-
-
total
-
5 736
-
-
Income
31 000
31 000
31 000
31 000
Total tax
39 571
14 670
15 719
13 877
After tax
-8 571
16 330
15 281
17 123
Living cost
35 481
35 481
35 481
35 481
Free-cash
-44 052
-19 151
-20 200
-18 358

Estimated living cost  is ₽35481 per week

₽24923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
-₽2196
₽2095
-₽16056
-₽4160
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
4 459
health
-
-
-
1 841
accident
-
-
-
213
pensions
-
-
-
3 512
other
-
-
-
313
total
-
-
-
10 338
Employee
29 207
-
25 752
-
income
4 007
-
3 533
-
health
3 344
-
2 948
-
pensions
3 289
-
2 900
-
total
10 640
-
9 381
-
Employer
29 207
-
25 752
-
unemployment
716
-
631
-
pensions
4 749
-
4 187
-
accident
488
-
430
-
total
5 953
-
5 248
-
Corporate
-
31 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

-
27 900
-
-
total
-
27 900
-
-
Dividends
-
3 100
-
-
withholding
-
589
-
-
total
-
589
-
-
Income
31 000
31 000
31 000
31 000
Total tax
16 593
28 489
14 629
10 338
After tax
14 407
2 511
16 371
20 662
Living cost
18 567
18 567
18 567
18 567
Free-cash
-4 160
-16 056
-2 196
2 095

Estimated living cost  is ₽18567 per week

₽13608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
-₽9678
-₽9678
-₽18225
-₽13315
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
31 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
198
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 085
trade
-
-
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
10
total
-
-
-
6 293
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

44 315
-
31 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 644
-
198
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 085
-
6 085
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

201
-
10
-
total
9 930
-
6 293
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 000
-
-
chamber of commerce
-
181
-
-
income
-
4 650
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
255
-
-
trade
-
4 449
-
-
total
-
9 535
-
-
Dividends
-
21 466
-
-
withholding
-
5 028
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
277
-
-
total
-
5 305
-
-
Income
31 000
31 000
31 000
31 000
Total tax
9 930
14 840
6 293
6 293
After tax
21 070
16 160
24 707
24 707
Living cost
34 385
34 385
34 385
34 385
Free-cash
-13 315
-18 225
-9 678
-9 678

Estimated living cost  is ₽34385 per week

₽23720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
-₽743
₽5017
₽6271
-₽1294
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
31 000
microenterprise
-
-
-
4 650
income
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
2 804
surtax
-
-
-
-
total
-
-
-
7 454
Employee
26 025
-
24 981
-
income
4 633
-
4 447
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

2 863
-
2 748
-
surtax
-
-
-
-
total
7 496
-
7 195
-
Employer
26 025
-
24 981
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

6 269
-
6 019
-
surtax
-
-
-
-
total
6 269
-
6 019
-
Corporate
-
31 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

-
6 200
-
-
total
-
6 200
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

-
24 800
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 765
6 200
13 214
7 454
After tax
17 235
24 800
17 786
23 546
Living cost
18 529
18 529
18 529
18 529
Free-cash
-1 294
6 271
-743
5 017

Estimated living cost  is ₽18529 per week

₽11821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽4669
₽3790
₽7670
₽5752
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
4 841
health
-
-
-
4 495
pensions
-
-
-
6 200
total
-
-
-
15 536
Employee
17 780
-
25 306
-
income
3 440
-
5 167
-
health
889
-
1 265
-
unemployment
178
-
253
-
pensions
1 600
-
2 278
-
total
6 107
-
8 963
-
Employer
17 780
-
25 306
-
unemployment
356
-
506
-
pensions
1 956
-
2 784
-
health
1 689
-
2 404
-
total
4 001
-
5 694
-
Corporate
9 219
31 000
-
-
income
2 028
6 820
-
-
total
2 028
6 820
-
-
Dividends
7 191
24 180
-
-
withholding
1 438
4 836
-
-
total
1 438
4 836
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 574
11 656
14 657
15 536
After tax
17 426
19 344
16 343
15 464
Living cost
11 674
11 674
11 674
11 674
Free-cash
5 752
7 670
4 669
3 790

Estimated living cost  is ₽11674 per week

₽6937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽267
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
-₽2860
-₽2135
-₽506
-₽5308
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
4 479
health
-
-
-
2 201
unemployment
-
-
-
203
surtax
-
-
-
47
pensions
-
-
-
6 200
other
-
-
-
-
total
-
-
-
13 130
Employee
29 994
-
25 608
-
other
-
-
-
-
income
5 028
-
4 293
-
health
766
-
654
-
unemployment
2 087
-
1 783
-
surtax
106
-
25
-
pensions
2 001
-
1 709
-
total
9 988
-
8 464
-
Employer
29 994
-
25 608
-
unemployment
952
-
811
-
pensions
3 999
-
3 414
-
other
-
-
-
-
health
1 364
-
1 166
-
total
6 315
-
5 391
-
Corporate
-
31 000
-
-
income
-
8 060
-
-
total
-
8 060
-
-
Dividends
-
22 940
-
-
withholding
-
3 441
-
-
total
-
3 441
-
-
Income
31 000
31 000
31 000
31 000
Total tax
16 303
11 501
13 855
13 130
After tax
14 697
19 499
17 145
17 870
Living cost
20 005
20 005
20 005
20 005
Free-cash
-5 308
-506
-2 860
-2 135

Estimated living cost  is ₽20005 per week

₽12078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
-₽17513
-₽11107
-₽17521
-₽19981
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
31 000
income
-
-
-
-
chamber of commerce
-
-
-
123