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
₽ 37000
per

Your estimated
City
free-cash

Valencia , Spain
-₽3426
-₽3363
₽962
-₽5704
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
-
-
-
37 000
income
-
-
-
5 181
accident
-
-
-
332
unemployment
-
-
-
259
pensions
-
-
-
10 472
other
-
-
-
37
total
-
-
-
16 281
Employee
32 381
-
27 677
-
other
32
-
30
-
income
6 243
-
5 163
-
unemployment
502
-
454
-
pensions
1 522
-
1 374
-
total
8 299
-
7 021
-
Employer
32 381
-
27 677
-
unemployment
1 782
-
1 609
-
pensions
7 641
-
6 902
-
other
259
-
234
-
accident
641
-
578
-
total
10 323
-
9 323
-
Corporate
-
37 000
-
-
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.

-
5 551
-
-
total
-
5 551
-
-
Dividends
-
31 449
-
-
withholding
-
6 405
-
-
total
-
6 405
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 622
11 956
16 344
16 281
After tax
18 378
25 044
20 656
20 719
Living cost
24 082
24 082
24 082
24 082
Free-cash
-5 704
962
-3 426
-3 363

Estimated living cost  is ₽24082 per week

₽16255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽5090
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
-₽1644
-₽3301
₽3850
-₽2808
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
-
-
-
37 000
income
-
-
-
4 700
health
-
-
-
1 629
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.

-
-
-
8 879
other
-
-
-
1 758
total
-
-
-
16 966
Employee
31 797
-
29 551
-
income
5 474
-
5 087
-
health
445
-
414
-
unemployment
317
-
296
-
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.

2 225
-
2 067
-
total
8 461
-
7 864
-
Employer
31 797
-
29 551
-
unemployment
317
-
296
-
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.

5 406
-
5 022
-
other
1 590
-
1 477
-
accident
254
-
236
-
health
445
-
414
-
total
8 012
-
7 445
-
Corporate
-
37 000
-
-
income
-
7 769
-
-
total
-
7 769
-
-
Dividends
-
29 231
-
-
withholding
-
2 046
-
-
total
-
2 046
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 473
9 815
15 309
16 966
After tax
20 527
27 185
21 691
20 034
Living cost
23 335
23 335
23 335
23 335
Free-cash
-2 808
3 850
-1 644
-3 301

Estimated living cost  is ₽23335 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽4896
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
₽12067
₽11875
₽20196
₽16142
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
-
-
-
37 000
income
-
-
-
5 550
health
-
-
-
3 504
unemployment
-
-
-
122
pensions

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

-
-
-
4 510
total
-
-
-
13 686
Employee
15 146
-
31 021
-
income
1 514
-
3 102
-
health
697
-
1 402
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
pensions

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

1 330
-
2 676
-
total
3 708
-
7 515
-
Employer
15 146
-
31 021
-
unemployment
91
-
183
-
pensions

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

1 669
-
3 358
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
health
1 045
-
2 103
-
total
2 972
-
5 979
-
Corporate
18 882
37 000
-
-
income
1 889
3 700
-
-
total
1 889
3 700
-
-
Dividends
16 993
33 300
-
-
withholding
850
1 665
-
-
total
850
1 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 419
5 365
13 494
13 686
After tax
27 581
31 635
23 506
23 314
Living cost
11 439
11 439
11 439
11 439
Free-cash
16 142
20 196
12 067
11 875

Estimated living cost  is ₽11439 per week

₽6678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
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.
₽3641
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
-₽6848
-₽7488
-₽11314
-₽12185
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
-
-
-
37 000
income
-
-
-
992
social contributions
-
-
-
1 054
health
-
-
-
321
surtax
-
-
-
-
pensions
-
-
-
11 012
other
-
-
-
1 147
total
-
-
-
14 526
Employee
37 480
-
28 194
-
income
2 212
-
1 089
-
social contributions
1 069
-
803
-
surtax
-
-
-
-
pensions
4 238
-
3 189
-
total
7 519
-
5 081
-
Employer
37 480
-
28 194
-
unemployment
1 517
-
1 142
-
social contributions
113
-
85
-
pensions
6 157
-
4 632
-
other
1 293
-
972
-
health
2 624
-
1 974
-
total
11 704
-
8 805
-
Corporate
-
37 000
-
-
income
-
10 360
-
-
surtax
-
-
-
-
total
-
10 360
-
-
Dividends
-
26 640
-
-
withholding
-
3 410
-
-
surtax
-
-
-
-
social contributions
-
4 582
-
-
total
-
7 992
-
-
Income
37 000
37 000
37 000
37 000
Total tax
19 223
18 352
13 886
14 526
After tax
17 777
18 648
23 114
22 474
Living cost
29 962
29 962
29 962
29 962
Free-cash
-12 185
-11 314
-6 848
-7 488

Estimated living cost  is ₽29962 per week

₽18892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽8125
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
-₽49962
-₽15399
-₽45046
-₽49962
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
-
-
-
37 000
income
-
-
-
3 375
health
-
-
-
5 679
pensions
-
-
-
6 659
total
-
-
-
15 713
Employee
74 785
74 785
74 785
-
income

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

12 241
12 241
12 241
-
health
11 479
9 764
11 479
-
pensions
13 461
10 260
13 461
-
total
37 181
32 265
37 181
-
Employer
74 785
74 785
74 785
-
unemployment
2 692
2 692
2 692
-
pensions
5 205
5 205
5 205
-
health
5 198
5 198
5 198
-
total
13 095
13 095
13 095
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
50 276
45 360
50 276
15 713
After tax
-13 276
-8 360
-13 276
21 287
Living cost
36 686
36 686
36 686
36 686
Free-cash
-49 962
-45 046
-49 962
-15 399

Estimated living cost  is ₽36686 per week

₽25999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽6797
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
₽2565
₽2565
-₽7674
₽2014
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.

-
-
-
37 000
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.

-
-
-
1 826
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.

-
-
-
5 983
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.

-
-
-
100
total
-
-
-
7 909
Employee

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

33 495
-
37 000
-
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.

936
-
1 826
-
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.

5 983
-
5 983
-
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
-
100
-
total
6 971
-
7 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 505
37 000
-
-
chamber of commerce
138
186
-
-
income
525
5 551
-
-
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.

28
306
-
-
trade
552
5 828
-
-
total
1 243
11 871
-
-
Dividends
2 261
25 129
-
-
withholding
233
5 950
-
-
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.

13
327
-
-
total
246
6 277
-
-
Income
37 000
37 000
37 000
37 000
Total tax
8 460
18 148
7 909
7 909
After tax
28 540
18 852
29 091
29 091
Living cost
26 526
26 526
26 526
26 526
Free-cash
2 014
-7 674
2 565
2 565

Estimated living cost  is ₽26526 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
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.
₽6252
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
₽2706
₽10008
-₽3079
₽2332
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
-
-
-
37 000
income
-
-
-
-
social contributions
-
-
-
5 772
health
-
-
-
944
total
-
-
-
6 716
Employee
67 340
67 340
67 340
-
income
7 332
6 234
7 246
-
social contributions
2 546
5 589
2 789
-
health
522
1 145
572
-
total
10 400
12 968
10 607
-
Employer
67 340
67 340
67 340
-
social contributions
2 546
5 589
2 789
-
health
567
1 246
622
-
total
3 113
6 835
3 411
-
Corporate
3 211
-
-
-
income
402
-
-
-
total
402
-
-
-
Dividends
2 809
-
-
-
withholding
477
-
-
-
total
477
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 392
19 803
14 018
6 716
After tax
22 608
17 197
22 982
30 284
Living cost
20 276
20 276
20 276
20 276
Free-cash
2 332
-3 079
2 706
10 008

Estimated living cost  is ₽20276 per week

₽12152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5687
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
-₽6463
-₽5750
-₽6423
-₽12844
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.

-
-
-
37 000
income
-
-
-
2 423
social contributions

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

-
-
-
12 858
surtax
-
-
-
-
total
-
-
-
15 281
Employee
40 277
-
29 899
-
income
8 378
-
5 604
-
social contributions
4 431
-
3 289
-
surtax
-
-
-
-
total
12 809
-
8 893
-
Employer
40 277
-
29 899
-
social contributions
9 566
-
7 101
-
total
9 566
-
7 101
-
Corporate
-
37 000
-
-
income
-
7 769
-
-
surtax
-
-
-
-
total
-
7 769
-
-
Dividends
-
29 231
-
-
withholding
-
8 185
-
-
total
-
8 185
-
-
Income
37 000
37 000
37 000
37 000
Total tax
22 375
15 954
15 994
15 281
After tax
14 625
21 046
21 006
21 719
Living cost
27 469
27 469
27 469
27 469
Free-cash
-12 844
-6 423
-6 463
-5 750

Estimated living cost  is ₽27469 per week

₽20553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽4838
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
₽23313
₽30342
₽28862
₽27684
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%.

-
-
-
37 000
microenterprise

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

-
-
-
370
total
-
-
-
370
Employee
7 859
-
37 000
-
income
1 572
-
7 400
-
total
1 572
-
7 400
-
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%.

29 141
37 000
-
-
total
-
-
-
-
Dividends
29 141
37 000
-
-
withholding
1 457
1 850
-
-
total
1 457
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
3 029
1 850
7 400
370
After tax
33 971
35 150
29 600
36 630
Living cost
6 288
6 288
6 288
6 288
Free-cash
27 684
28 862
23 313
30 342

Estimated living cost  is ₽6288 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
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.
₽1695
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
-₽3816
-₽2642
₽1986
-₽7755
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.

-
-
-
37 000
income
-
-
-
5 701
health
-
-
-
3 640
unemployment
-
-
-
55
pensions
-
-
-
6 757
total
-
-
-
16 153
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.

38 726
-
32 014
-
income
6 678
-
5 267
-
health
2 501
-
2 067
-
unemployment
55
-
45
-
pensions
6 003
-
4 962
-
total
15 237
-
12 341
-
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.

38 726
-
32 014
-
unemployment
23
-
20
-
pensions
3 427
-
2 834
-
health
2 579
-
2 132
-
total
6 029
-
4 986
-
Corporate
-
37 000
-
-
income
-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
4 495
-
-
total
-
4 495
-
-
Income
37 000
37 000
37 000
37 000
Total tax
21 266
11 525
17 327
16 153
After tax
15 734
25 475
19 673
20 847
Living cost
23 489
23 489
23 489
23 489
Free-cash
-7 755
1 986
-3 816
-2 642

Estimated living cost  is ₽23489 per week

₽16120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
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.
₽5409
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
-₽4417
-₽25428
-₽11347
-₽9813
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.

-
-
-
37 000
income
-
-
-
24 928
health

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

-
-
-
5 710
total
-
-
-
30 638
Employee
40 174
-
33 630
-
social contributions
4 025
-
3 370
-
income
4 359
-
2 887
-
total
8 384
-
6 257
-
Employer
40 174
-
33 630
-
social contributions
4 025
-
3 370
-
total
4 025
-
3 370
-
Corporate
-
37 000
-
-
income
-
12 949
-
-
total
-
12 949
-
-
Dividends
-
24 051
-
-
social contributions
2 614
3 608
-
-
total
2 614
3 608
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 023
16 557
9 627
30 638
After tax
21 977
20 443
27 373
6 362
Living cost
31 790
31 790
31 790
31 790
Free-cash
-9 813
-11 347
-4 417
-25 428

Estimated living cost  is ₽31790 per week

₽20940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽7856
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
₽4108
₽5191
₽4003
₽3600
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
-
-
-
37 000
income
-
-
-
5 551
social contributions
-
-
-
5 105
health
-
-
-
2 583
total
-
-
-
13 239
Employee
29 693
-
37 000
-
income
4 952
-
6 634
-
social contributions
4 098
-
5 105
-
health
2 072
-
2 583
-
total
11 122
-
14 322
-
Employer
29 693
-
37 000
-
total
-
-
-
-
Corporate
7 307
37 000
-
-
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%.

366
1 850
-
-
total
366
1 850
-
-
Dividends
6 942
35 150
-
-
withholding
1 042
5 273
-
-
health
773
2 453
-
-
social contributions
1 527
4 851
-
-
total
3 342
12 577
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 830
14 427
14 322
13 239
After tax
22 170
22 573
22 678
23 761
Living cost
18 570
18 570
18 570
18 570
Free-cash
3 600
4 003
4 108
5 191

Estimated living cost  is ₽18570 per week

₽12428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
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.
₽4569
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
-₽4930
-₽5685
₽1769
-₽9714
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
-
-
-
37 000
income
-
-
-
3 180
social contributions
-
-
-
10 804
solidarity contribution
-
-
-
-
health
-
-
-
4 995
total
-
-
-
18 979
Employee
34 862
-
27 612
-
solidarity contribution
-
-
-
-
income
4 183
-
3 313
-
social contributions
2 266
-
1 795
-
health
4 706
-
3 728
-
total
11 155
-
8 836
-
Employer
34 862
-
27 612
-
social contributions
8 715
-
6 903
-
health
3 138
-
2 485
-
total
11 853
-
9 388
-
Corporate
-
37 000
-
-
income
-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
4 495
-
-
total
-
4 495
-
-
Income
37 000
37 000
37 000
37 000
Total tax
23 008
11 525
18 224
18 979
After tax
13 992
25 475
18 776
18 021
Living cost
23 706
23 706
23 706
23 706
Free-cash
-9 714
1 769
-4 930
-5 685

Estimated living cost  is ₽23706 per week

₽17629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4353
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
₽19802
₽26832
₽25352
₽23514
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%.

-
-
-
37 000
microenterprise

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

-
-
-
370
total
-
-
-
370
Employee
12 248
-
37 000
-
income
2 450
-
7 400
-
total
2 450
-
7 400
-
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%.

24 752
37 000
-
-
total
-
-
-
-
Dividends
24 752
37 000
-
-
withholding
1 238
1 850
-
-
total
1 238
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
3 688
1 850
7 400
370
After tax
33 312
35 150
29 600
36 630
Living cost
9 798
9 798
9 798
9 798
Free-cash
23 514
25 352
19 802
26 832

Estimated living cost  is ₽9798 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
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.
₽2427
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
-₽19183
-₽19823
-₽23649
-₽34980
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
-
-
-
37 000
income
-
-
-
992
social contributions
-
-
-
1 054
health
-
-
-
321
surtax
-
-
-
-
pensions
-
-
-
11 012
other
-
-
-
1 147
total
-
-
-
14 526
Employee
54 849
-
28 194
-
income
4 786
-
1 089
-
social contributions
1 562
-
803
-
surtax
-
-
-
-
pensions
6 204
-
3 189
-
total
12 552
-
5 081
-
Employer
54 849
-
28 194
-
unemployment
2 222
-
1 142
-
social contributions
165
-
85
-
pensions
9 012
-
4 632
-
other
1 893
-
972
-
health
3 839
-
1 974
-
total
17 131
-
8 805
-
Corporate
-
37 000
-
-
income
-
10 360
-
-
surtax
-
-
-
-
total
-
10 360
-
-
Dividends
-
26 640
-
-
withholding
-
3 410
-
-
surtax
-
-
-
-
social contributions
-
4 582
-
-
total
-
7 992
-
-
Income
37 000
37 000
37 000
37 000
Total tax
29 683
18 352
13 886
14 526
After tax
7 317
18 648
23 114
22 474
Living cost
42 297
42 297
42 297
42 297
Free-cash
-34 980
-23 649
-19 183
-19 823

Estimated living cost  is ₽42297 per week

₽28626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
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.
₽9631
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
₽5173
₽3580
₽11630
₽7333
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.

-
-
-
37 000
income
-
-
-
4 332
health
-
-
-
3 811
unemployment
-
-
-
555
pensions
-
-
-
9 620
total
-
-
-
18 318
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.

22 773
-
31 383
-
income
3 139
-
4 863
-
health
1 173
-
1 616
-
unemployment
171
-
235
-
pensions
3 188
-
4 394
-
total
7 671
-
11 108
-
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.

22 773
-
31 383
-
unemployment
171
-
235
-
pensions
2 733
-
3 766
-
health
1 173
-
1 616
-
total
4 077
-
5 617
-
Corporate
10 151
37 000
-
-
income
1 523
5 550
-
-
total
1 523
5 550
-
-
Dividends
8 628
31 450
-
-
withholding
1 294
4 718
-
-
total
1 294
4 718
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 565
10 268
16 725
18 318
After tax
22 435
26 732
20 275
18 682
Living cost
15 102
15 102
15 102
15 102
Free-cash
7 333
11 630
5 173
3 580

Estimated living cost  is ₽15102 per week

₽10168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽3329
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
-₽31878
-₽29657
-₽44268
-₽41427
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
-
-
-
37 000
regional
-
-
-
663
national
-
-
-
75
health
-
-
-
200
city
-
-
-
388
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.

-
-
-
740
pensions
-
-
-
3 404
total
-
-
-
5 470
Employee
71 605
-
32 933
-
regional
2 345
-
537
-
city
768
-
352
-
health
162
-
74
-
unemployment
-
-
-
-
national
339
-
52
-
pensions
6 016
-
2 972
-
total
9 630
-
3 987
-
Employer
71 605
-
32 933
-
unemployment
-
-
-
-
pensions
6 016
-
2 972
-
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.

1 432
-
658
-
health
162
-
74
-
total
7 610
-
3 704
-
Corporate
-
37 000
-
-
regional
-
7 826
-
-
national
-
3 145
-
-
total
-
10 971
-
-
Dividends
-
26 029
-
-
withholding
-
9 110
-
-
total
-
9 110
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 240
20 081
7 691
5 470
After tax
19 760
16 919
29 309
31 530
Living cost
61 187
61 187
61 187
61 187
Free-cash
-41 427
-44 268
-31 878
-29 657

Estimated living cost  is ₽61187 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
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.
₽15156
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
-₽10296
-₽3901
-₽8017
-₽17768
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

-
-
-
37 000
municipal
-
-
-
6 623
national
-
-
-
452
health
-
-
-
204
total
-
-
-
7 279
Employee
46 075
-
31 125
-
health
344
-
113
-
unemployment
691
-
467
-
national
761
-
-
-
municipal
7 547
-
5 120
-
pensions
3 109
-
2 101
-
total
12 452
-
7 801
-
Employer
46 075
-
31 125
-
unemployment
299
-
203
-
pensions
7 994
-
5 399
-
accident
47
-
32
-
health
354
-
239
-
total
8 694
-
5 873
-
Corporate
-
37 000
-
-
income
-
7 400
-
-
total
-
7 400
-
-
Dividends

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

-
22 200
-
-
national
-
-
-
-
municipal
-
3 995
-
-
total
-
3 995
-
-
Income
37 000
37 000
37 000
37 000
Total tax
21 146
11 395
13 674
7 279
After tax
15 854
25 605
23 326
29 721
Living cost
33 622
33 622
33 622
33 622
Free-cash
-17 768
-8 017
-10 296
-3 901

Estimated living cost  is ₽33622 per week

₽21962
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.
₽535
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.
₽7892
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
-₽15174
-₽10290
-₽10996
-₽43877
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
-
-
-
37 000
national
-
-
-
10 281
social contributions
-
-
-
3 041
communal

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

-
-
-
2 037
total
-
-
-
15 359
Employee

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

62 642
-
28 657
-
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.

2 943
-
1 346
-
communal

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

3 267
-
1 494
-
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.

545
-
249
-
national
19 259
-
6 662
-
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.

4 698
-
2 149
-
total
30 712
-
11 900
-
Employer

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

62 642
-
28 657
-
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.

914
-
419
-
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.

5 551
-
2 539
-
surtax
7 103
-
3 251
-
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.

814
-
372
-
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.

3 852
-
1 762
-
total
18 234
-
8 343
-
Corporate
-
37 000
-
-
income
-
7 400
-
-
surtax
-
148
-
-
total
-
7 548
-
-
Dividends
-
29 452
-
-
withholding

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

-
8 517
-
-
total
-
8 517
-
-
Income
37 000
37 000
37 000
37 000
Total tax
48 946
16 065
20 243
15 359
After tax
-11 946
20 935
16 757
21 641
Living cost
31 931
31 931
31 931
31 931
Free-cash
-43 877
-10 996
-15 174
-10 290

Estimated living cost  is ₽31931 per week

₽20568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
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.
₽8072
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
-₽16113
-₽17430
-₽15672
-₽30178
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
-
-
-
37 000
municipal
-
-
-
7 837
national
-
-
-
-
health
-
-
-
2 309
accident
-
-
-
74
unemployment
-
-
-
37
pensions
-
-
-
4 000
other
-
-
-
4 299
total
-
-
-
18 556
Employee
51 118
-
28 154
-
national
-
-
-
-
municipal
15 243
-
8 395
-
total
15 243
-
8 395
-
Employer
51 118
-
28 154
-
unemployment
1 349
-
743
-
pensions
5 526
-
3 043
-
other
5 940
-
3 271
-
accident
102
-
56
-
health
3 144
-
1 731
-
total
16 061
-
8 844
-
Corporate
-
37 000
-
-
income
-
8 140
-
-
total
-
8 140
-
-
Dividends
-
28 860
-
-
withholding
-
8 658
-
-
total
-
8 658
-
-
Income
37 000
37 000
37 000
37 000
Total tax
31 304
16 798
17 239
18 556
After tax
5 696
20 202
19 761
18 444
Living cost
35 874
35 874
35 874
35 874
Free-cash
-30 178
-15 672
-16 113
-17 430

Estimated living cost  is ₽35874 per week

₽23776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
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.
₽8033
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
-₽13537
-₽13159
-₽16218
-₽96833
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
-
-
-
37 000
income
-
-
-
7 212
social contributions
-
-
-
4 218
total
-
-
-
11 430
Employee
55 532
-
564
-
income
12 249
-
-
-
social contributions
4 554
-
649
-
total
16 803
-
649
-
Employer
55 532
-
564
-
social contributions
78 301
-
11 159
-
total
78 301
-
11 159
-
Corporate
-
37 000
-
-
income
-
8 140
-
-
total
-
8 140
-
-
Dividends
-
28 860
-
-
income
-
6 349
-
-
total
-
6 349
-
-
Income
37 000
37 000
37 000
37 000
Total tax
95 104
14 489
11 808
11 430
After tax
-58 104
22 511
25 192
25 570
Living cost
38 729
38 729
38 729
38 729
Free-cash
-96 833
-16 218
-13 537
-13 159

Estimated living cost  is ₽38729 per week

₽25129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3642
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
-₽5423
₽1879
-₽11208
-₽6420
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
-
-
-
37 000
income
-
-
-
-
social contributions
-
-
-
5 772
health
-
-
-
944
total
-
-
-
6 716
Employee
67 340
67 340
67 340
-
income
7 071
6 234
7 246
-
social contributions
3 272
5 589
2 789
-
health
670
1 145
572
-
total
11 013
12 968
10 607
-
Employer
67 340
67 340
67 340
-
social contributions
3 272
5 589
2 789
-
health
730
1 246
622
-
total
4 002
6 835
3 411
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 015
19 803
14 018
6 716
After tax
21 985
17 197
22 982
30 284
Living cost
28 405
28 405
28 405
28 405
Free-cash
-6 420
-11 208
-5 423
1 879

Estimated living cost  is ₽28405 per week

₽19417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2219
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.
₽6292
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
-₽6976
-₽3626
-₽3981
-₽11741
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
-
-
-
37 000
income
-
-
-
7 019
pensions
-
-
-
1 904
total
-
-
-
8 923
Employee
43 517
-
33 370
-
income
7 925
-
6 182
-
health
568
-
359
-
pensions
3 321
-
2 103
-
total
11 814
-
8 644
-
Employer
43 517
-
33 370
-
pensions
4 397
-
2 996
-
health
827
-
633
-
total
5 224
-
3 629
-
Corporate
-
37 000
-
-
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.

-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
2 248
-
-
total
-
2 248
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 038
9 278
12 273
8 923
After tax
19 962
27 722
24 727
28 077
Living cost
31 703
31 703
31 703
31 703
Free-cash
-11 741
-3 981
-6 976
-3 626

Estimated living cost  is ₽31703 per week

₽21748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
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.
₽6641
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
-₽16649
-₽14576
-₽15397
-₽36796
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
-
-
-
37 000
municipal
-
-
-
248
regional
-
-
-
501
national
-
-
-
6 423
social contributions
-
-
-
9 516
total
-
-
-
16 688
Employee
73 796
-
37 000
-
regional
1 114
-
424
-
social contributions
24 883
-
12 476
-
national
12 471
-
5 640
-
municipal
440
-
221
-
total
38 908
-
18 761
-
Employer
73 796
-
37 000
-
total
-
-
-
-
Corporate
-
37 000
-
-
nationa
-
8 879
-
-
municipal
-
1 783
-
-
total
-
10 662
-
-
Dividends
-
26 337
-
-
withholding
-
6 847
-
-
total
-
6 847
-
-
Income
37 000
37 000
37 000
37 000
Total tax
38 908
17 509
18 761
16 688
After tax
-1 908
19 491
18 239
20 312
Living cost
34 888
34 888
34 888
34 888
Free-cash
-36 796
-15 397
-16 649
-14 576

Estimated living cost  is ₽34888 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
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.
₽7454
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
₽1494
₽7635
-₽15048
₽229
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
-
-
-
37 000
income
-
-
-
5 607
health
-
-
-
1 789
accident
-
-
-
207
pensions
-
-
-
3 413
other
-
-
-
304
total
-
-
-
11 320
Employee
28 385
-
30 736
-
income
3 894
-
4 217
-
health
3 250
-
3 519
-
pensions
3 196
-
3 461
-
total
10 340
-
11 197
-
Employer
28 385
-
30 736
-
unemployment
695
-
753
-
pensions
4 616
-
4 998
-
accident
474
-
513
-
total
5 785
-
6 264
-
Corporate
2 830
37 000
-
-
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.

2 547
33 300
-
-
total
2 547
33 300
-
-
Dividends
283
3 700
-
-
withholding
54
703
-
-
total
54
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
18 726
34 003
17 461
11 320
After tax
18 274
2 997
19 539
25 680
Living cost
18 045
18 045
18 045
18 045
Free-cash
229
-15 048
1 494
7 635

Estimated living cost  is ₽18045 per week

₽13225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽3443
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
-₽4719
-₽4719
-₽14578
-₽6574
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.

-
-
-
37 000
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.

-
-
-
1 826
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.

-
-
-
5 983
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.

-
-
-
100
total
-
-
-
7 909
Employee

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

43 574
-
37 000
-
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.

3 583
-
1 826
-
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.

5 983
-
5 983
-
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.

198
-
100
-
total
9 764
-
7 909
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 000
-
-
chamber of commerce
-
188
-
-
income
-
5 551
-
-
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.

-
306
-
-
trade
-
5 310
-
-
total
-
11 355
-
-
Dividends
-
25 646
-
-
withholding
-
6 079
-
-
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.

-
334
-
-
total
-
6 413
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 764
17 768
7 909
7 909
After tax
27 236
19 232
29 091
29 091
Living cost
33 810
33 810
33 810
33 810
Free-cash
-6 574
-14 578
-4 719
-4 719

Estimated living cost  is ₽33810 per week

₽23323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.

Riga , Latvia
₽3009
₽10473
₽11381
₽4198
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.

-
-
-
37 000
microenterprise
-
-
-
5 551
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.

-
-
-
2 757
surtax
-
-
-
-
total
-
-
-
8 308
Employee
25 590
-
29 817
-
income
4 555
-
5 308
-
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.

2 815
-
3 281
-
surtax
-
-
-
-
total
7 370
-
8 589
-
Employer
25 590
-
29 817
-
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.

6 164
-
7 183
-
surtax
-
-
-
-
total
6 164
-
7 183
-
Corporate
5 246
37 000
-
-
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%.

1 049
7 400
-
-
total
1 049
7 400
-
-
Dividends

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

4 198
29 600
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 583
7 400
15 772
8 308
After tax
22 417
29 600
21 228
28 692
Living cost
18 219
18 219
18 219
18 219
Free-cash
4 198
11 381
3 009
10 473

Estimated living cost  is ₽18219 per week

₽11623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽4447
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
₽7961
₽6970
₽11743
₽9878
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
-
-
-
37 000
income
-
-
-
5 920
health
-
-
-
5 365
pensions
-
-
-
7 400
total
-
-
-
18 685
Employee
17 279
-
30 204
-
income
3 343
-
6 369
-
health
864
-
1 510
-
unemployment
173
-
302
-
pensions
1 555
-
2 718
-
total
5 935
-
10 899
-
Employer
17 279
-
30 204
-
unemployment
346
-
604
-
pensions
1 901
-
3 322
-
health
1 642
-
2 869
-
total
3 889
-
6 795
-
Corporate
15 833
37 000
-
-
income
3 483
8 140
-
-
total
3 483
8 140
-
-
Dividends
12 349
28 860
-
-
withholding
2 470
5 772
-
-
total
2 470
5 772
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 777
13 912
17 694
18 685
After tax
21 223
23 088
19 306
18 315
Living cost
11 345
11 345
11 345
11 345
Free-cash
9 878
11 743
7 961
6 970

Estimated living cost  is ₽11345 per week

₽6742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
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.
₽3423
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
₽701
₽1599
₽3602
₽817
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
-
-
-
37 000
income
-
-
-
5 355
health
-
-
-
2 627
unemployment
-
-
-
199
surtax
-
-
-
150
pensions
-
-
-
7 400
other
-
-
-
-
total
-
-
-
15 731
Employee
29 492
-
30 565
-
other
-
-
-
-
income
4 944
-
5 124
-
health
753
-
779
-
unemployment
2 052
-
2 127
-
surtax
105
-
125
-
pensions
1 968
-
2 039
-
total
9 822
-
10 194
-
Employer
29 492
-
30 565
-
unemployment
936
-
969
-
pensions
3 932
-
4 075
-
other
-
-
-
-
health
1 341
-
1 391
-
total
6 209
-
6 435
-
Corporate
1 299
37 000
-
-
income
337
9 621
-
-
total
337
9 621
-
-
Dividends
962
27 379
-
-
withholding
145
4 107
-
-
total
145
4 107
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 513
13 728
16 629
15 731
After tax
20 487
23 272
20 371
21 269
Living cost
19 670
19 670
19 670
19 670
Free-cash
817
3 602
701
1 599

Estimated living cost  is ₽19670 per week

₽11876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽5629
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
-₽13846
-₽7050
-₽10710
-₽13128
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
-
-
-
37 000
income
-
-
-
917
chamber of commerce
-
-
-
148
health
-