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
-₽8919
-₽5928
-₽5052
-₽1508
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
unemployment
-
-
-
217
income
-
-
-
4 240
other
-
-
-
31
accident
-
-
-
280
pensions
-
-
-
8 773
total
-
-
-
13 541
Employee
30 269
-
22 285
-
unemployment
469
-
424
-
pensions
1 423
-
1 285
-
income
5 836
-
3 964
-
other
30
-
28
-
total
7 758
-
5 701
-
Employer
30 269
-
22 285
-
pensions
7 143
-
6 452
-
accident
600
-
541
-
unemployment
1 665
-
1 504
-
other
242
-
219
-
total
9 650
-
8 716
-
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
-
5 347
-
-
total
-
5 347
-
-
Income
31 000
31 000
31 000
31 000
Total tax
17 408
9 997
14 417
13 541
After tax
13 592
21 003
16 583
17 459
Living cost
22 511
22 511
22 511
22 511
Free-cash
-8 919
-1 508
-5 928
-5 052

Estimated living cost  is ₽22511 per week

₽15195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4758
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
-₽6215
-₽3641
-₽5028
₽963
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
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.

-
-
-
7 440
income
-
-
-
3 938
other
-
-
-
1 473
health
-
-
-
1 364
total
-
-
-
14 215
Employee
29 723
-
24 761
-
health
416
-
346
-
unemployment
297
-
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.

2 080
-
1 734
-
income
5 117
-
4 263
-
total
7 910
-
6 590
-
Employer
29 723
-
24 761
-
health
416
-
346
-
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.

5 054
-
4 208
-
accident
238
-
199
-
unemployment
297
-
247
-
other
1 487
-
1 238
-
total
7 492
-
6 238
-
Corporate
-
31 000
-
-
income
-
6 511
-
-
total
-
6 511
-
-
Dividends
-
24 489
-
-
withholding
-
1 713
-
-
total
-
1 713
-
-
Income
31 000
31 000
31 000
31 000
Total tax
15 402
8 224
12 828
14 215
After tax
15 598
22 776
18 172
16 785
Living cost
21 813
21 813
21 813
21 813
Free-cash
-6 215
963
-3 641
-5 028

Estimated living cost  is ₽21813 per week

₽15412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽4577
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
₽11951
₽8825
₽7960
₽15759
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
pensions

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

-
-
-
4 237
unemployment
-
-
-
115
income
-
-
-
4 650
health
-
-
-
3 292
total
-
-
-
12 294
Employee
14 230
-
25 916
-
health
655
-
1 192
-
accident

We are using the highest rate at 1.1%.

157
-
285
-
pensions

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

1 249
-
2 275
-
income
1 423
-
2 592
-
total
3 484
-
6 344
-
Employer
14 230
-
25 916
-
health
982
-
1 788
-
pensions

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

1 568
-
2 856
-
accident

We are using the highest rate at 1.1%.

157
-
285
-
unemployment
85
-
156
-
total
2 792
-
5 085
-
Corporate
13 978
31 000
-
-
income
1 398
3 100
-
-
total
1 398
3 100
-
-
Dividends
12 580
27 900
-
-
withholding
629
1 395
-
-
total
629
1 395
-
-
Income
31 000
31 000
31 000
31 000
Total tax
8 303
4 495
11 429
12 294
After tax
22 697
26 505
19 571
18 706
Living cost
10 746
10 746
10 746
10 746
Free-cash
11 951
15 759
8 825
7 960

Estimated living cost  is ₽10746 per week

₽6274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽285
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.
₽3420
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
-₽14978
-₽8421
-₽9071
-₽12384
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
-
-
-
587
other
-
-
-
962
health
-
-
-
270
social contributions
-
-
-
884
pensions
-
-
-
9 360
surtax
-
-
-
-
total
-
-
-
12 063
Employee
35 036
-
23 621
-
pensions
3 961
-
2 672
-
income
2 068
-
688
-
social contributions
999
-
674
-
surtax
-
-
-
-
total
7 028
-
4 034
-
Employer
35 036
-
23 621
-
health
2 453
-
1 653
-
social contributions
106
-
71
-
pensions
5 756
-
3 882
-
unemployment
1 418
-
957
-
other
1 209
-
816
-
total
10 942
-
7 379
-
Corporate
-
31 000
-
-
income
-
8 679
-
-
surtax
-
-
-
-
total
-
8 679
-
-
Dividends
-
22 321
-
-
social contributions
-
3 840
-
-
surtax
-
-
-
-
withholding
-
2 857
-
-
total
-
6 697
-
-
Income
31 000
31 000
31 000
31 000
Total tax
17 970
15 376
11 413
12 063
After tax
13 030
15 624
19 587
18 937
Living cost
28 008
28 008
28 008
28 008
Free-cash
-14 978
-12 384
-8 421
-9 071

Estimated living cost  is ₽28008 per week

₽17660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7595
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
-₽50291
-₽50291
-₽16421
-₽45696
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
pensions
-
-
-
5 580
income
-
-
-
2 790
health
-
-
-
4 758
total
-
-
-
13 128
Employee
69 907
69 907
69 907
-
health
10 730
9 127
10 730
-
pensions
12 583
9 591
12 583
-
income

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

11 443
11 443
11 443
-
total
34 756
30 161
34 756
-
Employer
69 907
69 907
69 907
-
health
4 859
4 859
4 859
-
pensions
4 866
4 866
4 866
-
unemployment
2 517
2 517
2 517
-
total
12 242
12 242
12 242
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
46 998
42 403
46 998
13 128
After tax
-15 998
-11 403
-15 998
17 872
Living cost
34 293
34 293
34 293
34 293
Free-cash
-50 291
-45 696
-50 291
-16 421

Estimated living cost  is ₽34293 per week

₽24303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽6354
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
-₽311
-₽228
-₽228
-₽8974
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
trade
-
-
-
-
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.

-
-
-
797
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.

-
-
-
5 593
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.

-
-
-
43
total
-
-
-
6 433
Employee

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

31 311
-
31 000
-
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.

5 593
-
5 593
-
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.

875
-
797
-
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.

48
-
43
-
total
6 516
-
6 433
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 000
-
-
income
-
4 650
-
-
trade
-
4 883
-
-
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.

-
256
-
-
chamber of commerce
-
169
-
-
total
-
9 958
-
-
Dividends
-
21 042
-
-
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.

-
272
-
-
withholding
-
4 949
-
-
total
-
5 221
-
-
Income
31 000
31 000
31 000
31 000
Total tax
6 516
15 179
6 433
6 433
After tax
24 484
15 821
24 567
24 567
Living cost
24 795
24 795
24 795
24 795
Free-cash
-311
-8 974
-228
-228

Estimated living cost  is ₽24795 per week

₽15597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2891
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.
₽5844
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
-₽585
-₽494
₽6398
-₽6463
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
-
-
-
31 120
income
-
-
-
-
health
-
-
-
794
social contributions
-
-
-
4 855
total
-
-
-
5 649
Employee
62 948
62 948
62 948
-
health
488
1 070
478
-
income
6 854
5 827
6 871
-
social contributions
2 380
5 224
2 336
-
total
9 722
12 121
9 685
-
Employer
62 948
62 948
62 948
-
health
530
1 165
520
-
social contributions
2 380
5 224
2 336
-
total
2 910
6 389
2 856
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 632
18 510
12 541
5 649
After tax
18 368
12 490
18 459
25 351
Living cost
18 953
18 953
18 953
18 953
Free-cash
-585
-6 463
-494
6 398

Estimated living cost  is ₽18953 per week

₽11359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
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.
₽5316
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
-₽15593
-₽7888
-₽7383
-₽8046
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
-
-
-
1 933
social contributions

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

-
-
-
10 772
surtax
-
-
-
-
total
-
-
-
12 705
Employee
37 650
-
25 050
-
income
7 831
-
4 504
-
social contributions
4 142
-
2 756
-
surtax
-
-
-
-
total
11 973
-
7 260
-
Employer
37 650
-
25 050
-
social contributions
8 942
-
5 950
-
total
8 942
-
5 950
-
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
20 915
13 368
13 210
12 705
After tax
10 085
17 632
17 790
18 295
Living cost
25 678
25 678
25 678
25 678
Free-cash
-15 593
-8 046
-7 888
-7 383

Estimated living cost  is ₽25678 per week

₽19212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1515
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.
₽4522
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
₽22210
₽18703
₽24593
₽23353
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
7 621
-
31 000
-
income
1 524
-
6 200
-
total
1 524
-
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%.

23 379
31 000
-
-
total
-
-
-
-
Dividends
23 379
31 000
-
-
withholding
1 169
1 550
-
-
total
1 169
1 550
-
-
Income
31 000
31 000
31 000
31 000
Total tax
2 693
1 550
6 200
310
After tax
28 307
29 450
24 800
30 690
Living cost
6 097
6 097
6 097
6 097
Free-cash
22 210
23 353
18 703
24 593

Estimated living cost  is ₽6097 per week

₽3778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
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.
₽1644
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
-₽10836
-₽5331
-₽4351
-₽613
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
pensions
-
-
-
5 661
unemployment
-
-
-
47
income
-
-
-
4 635
health
-
-
-
3 051
total
-
-
-
13 394
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.

36 200
-
26 824
-
health
2 338
-
1 732
-
unemployment
51
-
37
-
pensions
5 611
-
4 157
-
income
6 243
-
4 271
-
total
14 243
-
10 197
-
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.

36 200
-
26 824
-
health
2 411
-
1 787
-
pensions
3 203
-
2 374
-
unemployment
22
-
16
-
total
5 636
-
4 177
-
Corporate
-
31 000
-
-
income
-
5 889
-
-
total
-
5 889
-
-
Dividends
-
25 111
-
-
withholding
-
3 767
-
-
total
-
3 767
-
-
Income
31 000
31 000
31 000
31 000
Total tax
19 879
9 656
14 374
13 394
After tax
11 121
21 344
16 626
17 606
Living cost
21 957
21 957
21 957
21 957
Free-cash
-10 836
-613
-5 331
-4 351

Estimated living cost  is ₽21957 per week

₽15069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
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.
₽5057
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
-₽12761
-₽6329
-₽27176
-₽12589
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
-
-
-
23 302
health

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

-
-
-
5 158
total
-
-
-
28 460
Employee
37 554
-
28 176
-
social contributions
3 763
-
2 824
-
income
4 075
-
1 965
-
total
7 838
-
4 789
-
Employer
37 554
-
28 176
-
social contributions
3 763
-
2 824
-
total
3 763
-
2 824
-
Corporate
-
31 000
-
-
income
-
10 850
-
-
total
-
10 850
-
-
Dividends
-
20 150
-
-
social contributions
2 444
3 023
-
-
total
2 444
3 023
-
-
Income
31 000
31 000
31 000
31 000
Total tax
14 045
13 873
7 613
28 460
After tax
16 955
17 127
23 387
2 540
Living cost
29 716
29 716
29 716
29 716
Free-cash
-12 761
-12 589
-6 329
-27 176

Estimated living cost  is ₽29716 per week

₽19574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽7343
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
₽469
₽1822
₽2549
₽1554
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
-
-
-
2 164
social contributions
-
-
-
4 278
total
-
-
-
11 092
Employee
27 756
-
31 000
-
health
1 937
-
2 164
-
income
4 629
-
5 377
-
social contributions
3 831
-
4 278
-
total
10 397
-
11 819
-
Employer
27 756
-
31 000
-
total
-
-
-
-
Corporate
3 244
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%.

162
1 550
-
-
total
162
1 550
-
-
Dividends
3 082
29 450
-
-
social contributions
1 428
4 064
-
-
withholding
463
4 418
-
-
health
722
2 055
-
-
total
2 613
10 537
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 172
12 087
11 819
11 092
After tax
17 828
18 913
19 181
19 908
Living cost
17 359
17 359
17 359
17 359
Free-cash
469
1 554
1 822
2 549

Estimated living cost  is ₽17359 per week

₽11617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4271
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
-₽14071
-₽7141
-₽7773
-₽1528
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
health
-
-
-
4 185
social contributions
-
-
-
9 052
solidarity contribution
-
-
-
-
total
-
-
-
15 901
Employee
33 635
-
23 134
-
health
4 541
-
3 123
-
solidarity contribution
-
-
-
-
income
4 036
-
2 776
-
social contributions
2 186
-
1 504
-
total
10 763
-
7 403
-
Employer
33 635
-
23 134
-
health
3 027
-
2 082
-
social contributions
8 409
-
5 784
-
total
11 436
-
7 866
-
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
22 199
9 656
15 269
15 901
After tax
8 801
21 344
15 731
15 099
Living cost
22 872
22 872
22 872
22 872
Free-cash
-14 071
-1 528
-7 141
-7 773

Estimated living cost  is ₽22872 per week

₽17009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽4200
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
₽18168
₽15299
₽21189
₽19949
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
11 876
-
31 000
-
income
2 375
-
6 200
-
total
2 375
-
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%.

19 124
31 000
-
-
total
-
-
-
-
Dividends
19 124
31 000
-
-
withholding
956
1 550
-
-
total
956
1 550
-
-
Income
31 000
31 000
31 000
31 000
Total tax
3 331
1 550
6 200
310
After tax
27 669
29 450
24 800
30 690
Living cost
9 501
9 501
9 501
9 501
Free-cash
18 168
19 949
15 299
21 189

Estimated living cost  is ₽9501 per week

₽6429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
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.
₽2354
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
-₽36285
-₽19951
-₽20601
-₽23914
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
-
-
-
587
other
-
-
-
962
health
-
-
-
270
social contributions
-
-
-
884
pensions
-
-
-
9 360
surtax
-
-
-
-
total
-
-
-
12 063
Employee
51 272
-
23 621
-
pensions
5 799
-
2 672
-
income
4 474
-
688
-
social contributions
1 460
-
674
-
surtax
-
-
-
-
total
11 733
-
4 034
-
Employer
51 272
-
23 621
-
health
3 589
-
1 653
-
social contributions
154
-
71
-
pensions
8 425
-
3 882
-
unemployment
2 077
-
957
-
other
1 769
-
816
-
total
16 014
-
7 379
-
Corporate
-
31 000
-
-
income
-
8 679
-
-
surtax
-
-
-
-
total
-
8 679
-
-
Dividends
-
22 321
-
-
social contributions
-
3 840
-
-
surtax
-
-
-
-
withholding
-
2 857
-
-
total
-
6 697
-
-
Income
31 000
31 000
31 000
31 000
Total tax
27 747
15 376
11 413
12 063
After tax
3 253
15 624
19 587
18 937
Living cost
39 538
39 538
39 538
39 538
Free-cash
-36 285
-23 914
-19 951
-20 601

Estimated living cost  is ₽39538 per week

₽26759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽9002
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
₽4278
₽3018
₽1683
₽8292
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
pensions
-
-
-
8 060
unemployment
-
-
-
465
income
-
-
-
3 493
health
-
-
-
3 193
total
-
-
-
15 211
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.

21 272
-
26 293
-
health
1 095
-
1 354
-
unemployment
160
-
197
-
pensions
2 978
-
3 681
-
income
2 932
-
3 938
-
total
7 165
-
9 170
-
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.

21 272
-
26 293
-
health
1 095
-
1 354
-
pensions
2 553
-
3 155
-
unemployment
160
-
197
-
total
3 808
-
4 706
-
Corporate
5 921
31 000
-
-
income
888
4 650
-
-
total
888
4 650
-
-
Dividends
5 033
26 350
-
-
withholding
755
3 952
-
-
total
755
3 952
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 616
8 602
13 876
15 211
After tax
18 384
22 398
17 124
15 789
Living cost
14 107
14 107
14 107
14 107
Free-cash
4 278
8 292
3 018
1 683

Estimated living cost  is ₽14107 per week

₽9498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
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.
₽3109
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
-₽41902
-₽32468
-₽30405
-₽42702
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
pensions
-
-
-
2 852
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.

-
-
-
619
health
-
-
-
186
regional
-
-
-
497
national
-
-
-
47
total
-
-
-
4 527
Employee
66 562
-
27 478
-
health
150
-
61
-
unemployment
-
-
-
-
city
714
-
292
-
pensions
5 592
-
2 609
-
regional
2 180
-
383
-
national
315
-
26
-
total
8 951
-
3 371
-
Employer
66 562
-
27 478
-
health
150
-
61
-
pensions
5 592
-
2 609
-
unemployment
-
-
-
-
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.

1 331
-
549
-
total
7 073
-
3 219
-
Corporate
-
31 000
-
-
regional
-
6 556
-
-
national
-
2 635
-
-
total
-
9 191
-
-
Dividends
-
21 808
-
-
withholding
-
7 633
-
-
total
-
7 633
-
-
Income
31 000
31 000
31 000
31 000
Total tax
16 024
16 824
6 590
4 527
After tax
14 976
14 176
24 410
26 473
Living cost
56 878
56 878
56 878
56 878
Free-cash
-41 902
-42 702
-32 468
-30 405

Estimated living cost  is ₽56878 per week

₽36987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
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.
₽14088
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
-₽20195
-₽11856
-₽6330
-₽9977
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
-
-
-
5 555
health
-
-
-
135
national
-
-
-
211
total
-
-
-
5 901
Employee
43 069
-
26 079
-
health
322
-
61
-
unemployment
646
-
391
-
pensions
2 907
-
1 760
-
national
711
-
-
-
municipal
7 054
-
4 295
-
total
11 640
-
6 507
-
Employer
43 069
-
26 079
-
health
331
-
200
-
pensions
7 472
-
4 525
-
accident
43
-
26
-
unemployment
280
-
169
-
total
8 126
-
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
-
-
municipal
-
3 348
-
-
national
-
-
-
-
total
-
3 348
-
-
Income
31 000
31 000
31 000
31 000
Total tax
19 766
9 548
11 427
5 901
After tax
11 234
21 452
19 573
25 099
Living cost
31 429
31 429
31 429
31 429
Free-cash
-20 195
-9 977
-11 856
-6 330

Estimated living cost  is ₽31429 per week

₽20529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽7378
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
-₽44603
-₽15487
-₽11149
-₽12276
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
communal

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

-
-
-
1 735
social contributions
-
-
-
2 089
national
-
-
-
8 477
total
-
-
-
12 301
Employee

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

58 557
-
24 012
-
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.

2 751
-
1 129
-
communal

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

3 054
-
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.

510
-
208
-
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.

4 392
-
1 800
-
national
18 003
-
5 262
-
total
28 710
-
9 651
-
Employer

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

58 557
-
24 012
-
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.

3 601
-
1 476
-
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.

5 189
-
2 127
-
surtax
6 640
-
2 722
-
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.

761
-
312
-
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.

854
-
351
-
total
17 045
-
6 988
-
Corporate
-
31 000
-
-
income
-
6 200
-
-
surtax
-
124
-
-
total
-
6 324
-
-
Dividends
-
24 676
-
-
withholding

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

-
7 104
-
-
total
-
7 104
-
-
Income
31 000
31 000
31 000
31 000
Total tax
45 755
13 428
16 639
12 301
After tax
-14 755
17 572
14 361
18 699
Living cost
29 848
29 848
29 848
29 848
Free-cash
-44 603
-12 276
-15 487
-11 149

Estimated living cost  is ₽29848 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽7545
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
-₽35312
-₽18858
-₽19958
-₽18486
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
unemployment
-
-
-
31
municipal
-
-
-
6 566
other
-
-
-
3 602
health
-
-
-
1 934
national
-
-
-
-
accident
-
-
-
62
pensions
-
-
-
3 351
total
-
-
-
15 546
Employee
50 458
-
23 588
-
national
-
-
-
-
municipal
15 047
-
7 034
-
total
15 047
-
7 034
-
Employer
50 458
-
23 588
-
health
3 103
-
1 451
-
pensions
5 454
-
2 550
-
accident
101
-
47
-
unemployment
1 332
-
623
-
other
5 863
-
2 741
-
total
15 853
-
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
30 900
14 074
14 446
15 546
After tax
100
16 926
16 554
15 454
Living cost
35 412
35 412
35 412
35 412
Free-cash
-35 312
-18 486
-18 858
-19 958

Estimated living cost  is ₽35412 per week

₽23469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3475
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
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.
₽7930
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
-₽104002
-₽20532
-₽17644
-₽20208
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
-
-
-
6 042
social contributions
-
-
-
3 534
total
-
-
-
9 576
Employee
56 018
-
3 162
-
income
12 356
-
552
-
social contributions
4 593
-
655
-
total
16 949
-
1 207
-
Employer
56 018
-
3 162
-
social contributions
78 985
-
11 257
-
total
78 985
-
11 257
-
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
95 934
12 140
12 464
9 576
After tax
-64 934
18 860
18 536
21 424
Living cost
39 068
39 068
39 068
39 068
Free-cash
-104 002
-20 208
-20 532
-17 644

Estimated living cost  is ₽39068 per week

₽25349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
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.
₽9547
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
-₽9588
-₽8093
-₽1201
-₽14062
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
-
-
-
31 120
income
-
-
-
-
health
-
-
-
794
social contributions
-
-
-
4 855
total
-
-
-
5 649
Employee
62 948
62 948
62 948
-
health
626
1 070
478
-
income
6 610
5 827
6 871
-
social contributions
3 059
5 224
2 336
-
total
10 295
12 121
9 685
-
Employer
62 948
62 948
62 948
-
health
682
1 165
520
-
social contributions
3 059
5 224
2 336
-
total
3 741
6 389
2 856
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
14 036
18 510
12 541
5 649
After tax
16 964
12 490
18 459
25 351
Living cost
26 552
26 552
26 552
26 552
Free-cash
-9 588
-14 062
-8 093
-1 201

Estimated living cost  is ₽26552 per week

₽18151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5882
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
-₽13810
-₽8204
-₽5530
-₽5919
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
-
-
-
5 905
pensions
-
-
-
1 479
total
-
-
-
7 384
Employee
40 007
-
28 071
-
health
522
-
276
-
pensions
3 054
-
1 621
-
income
7 286
-
5 234
-
total
10 862
-
7 131
-
Employer
40 007
-
28 071
-
health
760
-
534
-
pensions
4 042
-
2 393
-
total
4 802
-
2 927
-
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.

-
5 889
-
-
total
-
5 889
-
-
Dividends
-
25 111
-
-
withholding
-
1 884
-
-
total
-
1 884
-
-
Income
31 000
31 000
31 000
31 000
Total tax
15 664
7 773
10 058
7 384
After tax
15 336
23 227
20 942
23 616
Living cost
29 146
29 146
29 146
29 146
Free-cash
-13 810
-5 919
-8 204
-5 530

Estimated living cost  is ₽29146 per week

₽19994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
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.
₽6105
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
-₽37982
-₽17332
-₽15486
-₽16283
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
-
-
-
207
regional
-
-
-
398
social contributions
-
-
-
7 973
national
-
-
-
5 296
total
-
-
-
13 874
Employee
68 982
-
31 000
-
social contributions
23 260
-
10 453
-
regional
1 041
-
356
-
national
11 657
-
4 726
-
municipal
412
-
185
-
total
36 370
-
15 720
-
Employer
68 982
-
31 000
-
total
-
-
-
-
Corporate
-
31 000
-
-
nationa
-
7 440
-
-
municipal
-
1 494
-
-
total
-
8 934
-
-
Dividends
-
22 066
-
-
withholding
-
5 737
-
-
total
-
5 737
-
-
Income
31 000
31 000
31 000
31 000
Total tax
36 370
14 671
15 720
13 874
After tax
-5 370
16 329
15 280
17 126
Living cost
32 612
32 612
32 612
32 612
Free-cash
-37 982
-16 283
-17 332
-15 486

Estimated living cost  is ₽32612 per week

₽22908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽6967
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
-₽1823
-₽963
₽3652
-₽14822
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
pensions
-
-
-
3 278
income
-
-
-
4 528
other
-
-
-
292
health
-
-
-
1 718
accident
-
-
-
199
total
-
-
-
10 015
Employee
27 266
-
25 752
-
health
3 122
-
2 949
-
pensions
3 070
-
2 900
-
income
3 741
-
3 533
-
total
9 933
-
9 382
-
Employer
27 266
-
25 752
-
pensions
4 434
-
4 187
-
accident
455
-
430
-
unemployment
668
-
631
-
total
5 557
-
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
15 490
28 489
14 630
10 015
After tax
15 510
2 511
16 370
20 985
Living cost
17 333
17 333
17 333
17 333
Free-cash
-1 823
-14 822
-963
3 652

Estimated living cost  is ₽17333 per week

₽12704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽3308
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
-₽9732
-₽7038
-₽7038
-₽15465
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
trade
-
-
-
-
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.

-
-
-
797
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.

-
-
-
5 593
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.

-
-
-
43
total
-
-
-
6 433
Employee

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

40 732
-
31 000
-
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.

5 593
-
5 593
-
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.

3 349
-
797
-
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.

185
-
43
-
total
9 127
-
6 433
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
31 000
-
-
income
-
4 650
-
-
trade
-
4 449
-
-
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.

-
256
-
-
chamber of commerce
-
169
-
-
total
-
9 524
-
-
Dividends
-
21 476
-
-
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.

-
278
-
-
withholding
-
5 058
-
-
total
-
5 336
-
-
Income
31 000
31 000
31 000
31 000
Total tax
9 127
14 860
6 433
6 433
After tax
21 873
16 140
24 567
24 567
Living cost
31 605
31 605
31 605
31 605
Free-cash
-9 732
-15 465
-7 038
-7 038

Estimated living cost  is ₽31605 per week

₽21802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽5944
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
₽1053
₽757
₽6742
₽7769
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
income
-
-
-
-
microenterprise
-
-
-
4 650
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.

-
-
-
2 577
surtax
-
-
-
-
total
-
-
-
7 227
Employee
23 921
-
24 982
-
income
4 258
-
4 446
-
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.

2 632
-
2 748
-
surtax
-
-
-
-
total
6 890
-
7 194
-
Employer
23 921
-
24 982
-
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.

5 762
-
6 018
-
surtax
-
-
-
-
total
5 762
-
6 018
-
Corporate
1 318
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%.

264
6 200
-
-
total
264
6 200
-
-
Dividends

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

1 053
24 800
-
-
total
-
-
-
-
Income
31 000
31 000
31 000
31 000
Total tax
12 916
6 200
13 212
7 227
After tax
18 084
24 800
17 788
23 773
Living cost
17 031
17 031
17 031
17 031
Free-cash
1 053
7 769
757
6 742

Estimated living cost  is ₽17031 per week

₽10865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4157
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
₽7691
₽6242
₽5362
₽9334
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
-
-
-
4 933
health
-
-
-
4 495
pensions
-
-
-
6 200
total
-
-
-
15 628
Employee
15 246
-
25 306
-
health
762
-
1 265
-
unemployment
153
-
253
-
pensions
1 372
-
2 278
-
income
2 949
-
5 258
-
total
5 236
-
9 054
-
Employer
15 246
-
25 306
-
health
1 448
-
2 404
-
pensions
1 677
-
2 784
-
unemployment
305
-
506
-
total
3 430
-
5 694
-
Corporate
12 323
31 000
-
-
income
2 711
6 820
-
-
total
2 711
6 820
-
-
Dividends
9 612
24 180
-
-
withholding
1 922
4 836
-
-
total
1 922
4 836
-
-
Income
31 000
31 000
31 000
31 000
Total tax
13 299
11 656
14 748
15 628
After tax
17 701
19 344
16 252
15 372
Living cost
10 010
10 010
10 010
10 010
Free-cash
7 691
9 334
6 242
5 362

Estimated living cost  is ₽10010 per week

₽5949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽229
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.
₽3021
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
-₽2374
-₽1276
-₽538
₽1112
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
pensions
-
-
-
6 200
unemployment
-
-
-
186
income
-
-
-
4 482
other
-
-
-
-
health
-
-
-
2 201
surtax
-
-
-
82
total
-
-
-
13 151
Employee
27 568
-
25 609
-
health
704
-
652
-
unemployment
1 919
-
1 782
-
pensions
1 839
-
1 709
-
income
4 622
-
4 294
-
other
-
-
-
-
surtax
98
-
62
-
total
9 182
-
8 499
-
Employer
27 568
-
25 609
-
health
1 254
-
1 165
-
pensions
3 676
-
3 413
-
unemployment
875
-
812
-
other
-
-
-
-
total
5 805
-
5 390
-
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
14 987
11 501
13 889
13 151
After tax
16 013
19 499
17 111
17 849
Living cost
18 387
18 387
18 387
18 387
Free-cash
-2 374
1 112
-1 276
-538

Estimated living cost  is ₽18387 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽5262
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
-₽15858
-₽14796
-₽8565
-₽13597
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
pensions
-
-
-
5 735
chamber of commerce
-
-
-
124
unemployment
-