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
-₽2463
-₽1331
-₽1615
₽2775
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
unemployment
-
-
-
260
income
-
-
-
5 261
other
-
-
-
37
accident
-
-
-
333
pensions
-
-
-
10 470
total
-
-
-
16 361
Employee
29 923
-
28 054
-
unemployment
464
-
435
-
pensions
1 407
-
1 319
-
income
5 769
-
5 350
-
other
29
-
28
-
total
7 669
-
7 132
-
Employer
29 923
-
28 054
-
pensions
7 061
-
6 620
-
accident
593
-
556
-
unemployment
1 646
-
1 543
-
other
240
-
226
-
total
9 540
-
8 945
-
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.

-
5 550
-
-
total
-
5 550
-
-
Dividends
-
31 450
-
-
withholding
-
6 421
-
-
total
-
6 421
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 209
11 971
16 077
16 361
After tax
19 791
25 029
20 923
20 639
Living cost
22 254
22 254
22 254
22 254
Free-cash
-2 463
2 775
-1 331
-1 615

Estimated living cost  is ₽22254 per week

₽15021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4704
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
₽154
₽128
-₽1528
₽5620
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
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.

-
-
-
8 881
income
-
-
-
4 699
other
-
-
-
1 757
health
-
-
-
1 628
total
-
-
-
16 965
Employee
29 383
-
29 555
-
health
412
-
413
-
unemployment
293
-
295
-
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.

2 056
-
2 069
-
income
5 059
-
5 088
-
total
7 820
-
7 865
-
Employer
29 383
-
29 555
-
health
412
-
413
-
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.

4 996
-
5 023
-
accident
235
-
236
-
unemployment
293
-
295
-
other
1 470
-
1 477
-
total
7 406
-
7 444
-
Corporate
212
37 000
-
-
income
45
7 771
-
-
total
45
7 771
-
-
Dividends
167
29 229
-
-
withholding
12
2 046
-
-
total
12
2 046
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 283
9 817
15 309
16 965
After tax
21 717
27 183
21 691
20 035
Living cost
21 563
21 563
21 563
21 563
Free-cash
154
5 620
128
-1 528

Estimated living cost  is ₽21563 per week

₽15236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4524
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
₽17250
₽13583
₽13273
₽21013
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
pensions

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

-
-
-
4 188
unemployment
-
-
-
113
income
-
-
-
5 550
health
-
-
-
3 254
total
-
-
-
13 105
Employee
14 065
-
31 448
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 406
-
3 145
-
total
3 443
-
7 243
-
Employer
14 065
-
31 448
-
health
971
-
1 953
-
pensions

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

1 550
-
3 118
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 760
-
5 552
-
Corporate
20 175
37 000
-
-
income
2 017
3 700
-
-
total
2 017
3 700
-
-
Dividends
18 158
33 300
-
-
withholding
908
1 665
-
-
total
908
1 665
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 128
5 365
12 795
13 105
After tax
27 872
31 635
24 205
23 895
Living cost
10 622
10 622
10 622
10 622
Free-cash
17 250
21 013
13 583
13 273

Estimated living cost  is ₽10622 per week

₽6201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
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.
₽3381
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
-₽8450
-₽4748
-₽5300
-₽9039
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
-
-
-
1 182
other
-
-
-
1 147
health
-
-
-
321
social contributions
-
-
-
1 053
pensions
-
-
-
10 910
surtax
-
-
-
-
total
-
-
-
14 613
Employee
34 635
-
28 194
-
pensions
3 916
-
3 188
-
income
2 044
-
1 265
-
social contributions
987
-
803
-
surtax
-
-
-
-
total
6 947
-
5 256
-
Employer
34 635
-
28 194
-
health
2 425
-
1 973
-
social contributions
104
-
84
-
pensions
5 690
-
4 633
-
unemployment
1 402
-
1 143
-
other
1 195
-
972
-
total
10 816
-
8 805
-
Corporate
-
37 000
-
-
income
-
10 360
-
-
surtax
-
-
-
-
total
-
10 360
-
-
Dividends
-
26 640
-
-
social contributions
-
4 583
-
-
surtax
-
-
-
-
withholding
-
3 409
-
-
total
-
7 992
-
-
Income
37 000
37 000
37 000
37 000
Total tax
17 763
18 352
14 061
14 613
After tax
19 237
18 648
22 939
22 387
Living cost
27 687
27 687
27 687
27 687
Free-cash
-8 450
-9 039
-4 748
-5 300

Estimated living cost  is ₽27687 per week

₽17458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽7508
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
-₽43361
-₽43361
-₽12653
-₽38818
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
pensions
-
-
-
6 660
income
-
-
-
3 413
health
-
-
-
5 679
total
-
-
-
15 752
Employee
69 107
69 107
69 107
-
health
10 607
9 022
10 607
-
pensions
12 439
9 481
12 439
-
income

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

11 312
11 312
11 312
-
total
34 358
29 815
34 358
-
Employer
69 107
69 107
69 107
-
health
4 804
4 804
4 804
-
pensions
4 810
4 810
4 810
-
unemployment
2 488
2 488
2 488
-
total
12 102
12 102
12 102
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
46 460
41 917
46 460
15 752
After tax
-9 460
-4 917
-9 460
21 248
Living cost
33 901
33 901
33 901
33 901
Free-cash
-43 361
-38 818
-43 361
-12 653

Estimated living cost  is ₽33901 per week

₽24025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽6281
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
₽3271
₽4399
₽4399
-₽5679
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
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.

-
-
-
2 426
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.

-
-
-
5 529
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.

-
-
-
134
total
-
-
-
8 089
Employee

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

30 952
-
37 000
-
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.

5 529
-
5 529
-
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.

865
-
2 426
-
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
-
134
-
total
6 442
-
8 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 048
37 000
-
-
income
908
5 550
-
-
trade
952
5 828
-
-
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.

51
306
-
-
chamber of commerce
132
177
-
-
total
2 043
11 861
-
-
Dividends
4 005
25 140
-
-
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.

38
329
-
-
withholding
694
5 977
-
-
total
732
6 306
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 217
18 167
8 089
8 089
After tax
27 783
18 833
28 911
28 911
Living cost
24 512
24 512
24 512
24 512
Free-cash
3 271
-5 679
4 399
4 399

Estimated living cost  is ₽24512 per week

₽15419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2858
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.
₽5777
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
₽4194
₽4878
₽11480
-₽36
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
-
-
-
68
health
-
-
-
943
social contributions
-
-
-
5 773
total
-
-
-
6 784
Employee
62 228
62 228
62 228
-
health
482
1 058
571
-
income
6 776
5 760
6 619
-
social contributions
2 353
5 165
2 787
-
total
9 611
11 983
9 977
-
Employer
62 228
62 228
62 228
-
health
524
1 152
622
-
social contributions
2 353
5 165
2 787
-
total
2 877
6 317
3 409
-
Corporate
5 777
-
-
-
income
722
-
-
-
total
722
-
-
-
Dividends
5 055
-
-
-
withholding
860
-
-
-
total
860
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 070
18 300
13 386
6 784
After tax
22 930
18 700
23 614
30 216
Living cost
18 736
18 736
18 736
18 736
Free-cash
4 194
-36
4 878
11 480

Estimated living cost  is ₽18736 per week

₽11229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5255
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
-₽9060
-₽4529
-₽3741
-₽4339
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
-
-
-
2 500
social contributions

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

-
-
-
12 857
surtax
-
-
-
-
total
-
-
-
15 357
Employee
37 219
-
29 899
-
income
7 742
-
5 755
-
social contributions
4 094
-
3 289
-
surtax
-
-
-
-
total
11 836
-
9 044
-
Employer
37 219
-
29 899
-
social contributions
8 840
-
7 101
-
total
8 840
-
7 101
-
Corporate
-
37 000
-
-
income
-
7 771
-
-
surtax
-
-
-
-
total
-
7 771
-
-
Dividends
-
29 229
-
-
withholding
-
8 184
-
-
total
-
8 184
-
-
Income
37 000
37 000
37 000
37 000
Total tax
20 676
15 955
16 145
15 357
After tax
16 324
21 045
20 855
21 643
Living cost
25 384
25 384
25 384
25 384
Free-cash
-9 060
-4 339
-4 529
-3 741

Estimated living cost  is ₽25384 per week

₽18992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽4470
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
₽27969
₽23553
₽30583
₽29103
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
7 559
-
37 000
-
income
1 512
-
7 400
-
total
1 512
-
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%.

29 441
37 000
-
-
total
-
-
-
-
Dividends
29 441
37 000
-
-
withholding
1 472
1 850
-
-
total
1 472
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
2 984
1 850
7 400
370
After tax
34 016
35 150
29 600
36 630
Living cost
6 047
6 047
6 047
6 047
Free-cash
27 969
29 103
23 553
30 583

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
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.
₽1631
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
-₽4357
-₽2147
-₽971
₽3769
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
pensions
-
-
-
6 757
unemployment
-
-
-
55
income
-
-
-
5 812
health
-
-
-
3 641
total
-
-
-
16 265
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.

35 785
-
32 014
-
health
2 311
-
2 069
-
unemployment
51
-
45
-
pensions
5 547
-
4 962
-
income
6 171
-
5 379
-
total
14 080
-
12 455
-
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.

35 785
-
32 014
-
health
2 383
-
2 133
-
pensions
3 167
-
2 833
-
unemployment
21
-
20
-
total
5 571
-
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
19 651
11 525
17 441
16 265
After tax
17 349
25 475
19 559
20 735
Living cost
21 706
21 706
21 706
21 706
Free-cash
-4 357
3 769
-2 147
-971

Estimated living cost  is ₽21706 per week

₽14896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
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
-₽6258
-₽2356
-₽20537
-₽8934
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
-
-
-
23 036
health

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

-
-
-
5 125
total
-
-
-
28 161
Employee
37 124
-
33 631
-
social contributions
3 719
-
3 369
-
income
4 028
-
3 242
-
total
7 747
-
6 611
-
Employer
37 124
-
33 631
-
social contributions
3 719
-
3 369
-
total
3 719
-
3 369
-
Corporate
-
37 000
-
-
income
-
12 951
-
-
total
-
12 951
-
-
Dividends
-
24 049
-
-
social contributions
2 416
3 607
-
-
total
2 416
3 607
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 882
16 558
9 980
28 161
After tax
23 118
20 442
27 020
8 839
Living cost
29 376
29 376
29 376
29 376
Free-cash
-6 258
-8 934
-2 356
-20 537

Estimated living cost  is ₽29376 per week

₽19350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽7259
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
₽5597
₽5375
₽6601
₽5412
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
-
-
-
2 583
social contributions
-
-
-
5 106
total
-
-
-
13 239
Employee
27 438
-
37 000
-
health
1 915
-
2 583
-
income
4 576
-
6 776
-
social contributions
3 787
-
5 106
-
total
10 278
-
14 465
-
Employer
27 438
-
37 000
-
total
-
-
-
-
Corporate
9 562
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%.

478
1 851
-
-
total
478
1 851
-
-
Dividends
9 084
35 149
-
-
social contributions
1 411
4 851
-
-
withholding
1 362
5 272
-
-
health
714
2 454
-
-
total
3 487
12 577
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 243
14 428
14 465
13 239
After tax
22 757
22 572
22 535
23 761
Living cost
17 160
17 160
17 160
17 160
Free-cash
5 597
5 412
5 375
6 601

Estimated living cost  is ₽17160 per week

₽11484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
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.
₽4222
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
-₽7547
-₽3830
-₽4585
₽2868
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
health
-
-
-
4 995
social contributions
-
-
-
10 804
solidarity contribution
-
-
-
-
total
-
-
-
18 979
Employee
33 244
-
27 612
-
health
4 488
-
3 728
-
solidarity contribution
-
-
-
-
income
3 989
-
3 313
-
social contributions
2 161
-
1 795
-
total
10 638
-
8 836
-
Employer
33 244
-
27 612
-
health
2 992
-
2 485
-
social contributions
8 311
-
6 903
-
total
11 303
-
9 388
-
Corporate
-
37 000
-
-
income
-
7 030
-
-
total
-
7 030
-
-
Dividends
-
29 970
-
-
withholding
-
4 496
-
-
total
-
4 496
-
-
Income
37 000
37 000
37 000
37 000
Total tax
21 941
11 526
18 224
18 979
After tax
15 059
25 474
18 776
18 021
Living cost
22 606
22 606
22 606
22 606
Free-cash
-7 547
2 868
-3 830
-4 585

Estimated living cost  is ₽22606 per week

₽16811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
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.
₽4151
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
₽23959
₽20176
₽27206
₽25726
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
11 780
-
37 000
-
income
2 356
-
7 400
-
total
2 356
-
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%.

25 220
37 000
-
-
total
-
-
-
-
Dividends
25 220
37 000
-
-
withholding
1 261
1 850
-
-
total
1 261
1 850
-
-
Income
37 000
37 000
37 000
37 000
Total tax
3 617
1 850
7 400
370
After tax
33 383
35 150
29 600
36 630
Living cost
9 424
9 424
9 424
9 424
Free-cash
23 959
25 726
20 176
27 206

Estimated living cost  is ₽9424 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
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.
₽2335
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
-₽29514
-₽16147
-₽16699
-₽20438
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
-
-
-
1 182
other
-
-
-
1 147
health
-
-
-
321
social contributions
-
-
-
1 053
pensions
-
-
-
10 910
surtax
-
-
-
-
total
-
-
-
14 613
Employee
50 685
-
28 194
-
pensions
5 733
-
3 188
-
income
4 422
-
1 265
-
social contributions
1 444
-
803
-
surtax
-
-
-
-
total
11 599
-
5 256
-
Employer
50 685
-
28 194
-
health
3 547
-
1 973
-
social contributions
152
-
84
-
pensions
8 328
-
4 633
-
unemployment
2 053
-
1 143
-
other
1 749
-
972
-
total
15 829
-
8 805
-
Corporate
-
37 000
-
-
income
-
10 360
-
-
surtax
-
-
-
-
total
-
10 360
-
-
Dividends
-
26 640
-
-
social contributions
-
4 583
-
-
surtax
-
-
-
-
withholding
-
3 409
-
-
total
-
7 992
-
-
Income
37 000
37 000
37 000
37 000
Total tax
27 428
18 352
14 061
14 613
After tax
9 572
18 648
22 939
22 387
Living cost
39 086
39 086
39 086
39 086
Free-cash
-29 514
-20 438
-16 147
-16 699

Estimated living cost  is ₽39086 per week

₽26453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8899
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
₽8821
₽6222
₽4629
₽12788
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
pensions
-
-
-
9 620
unemployment
-
-
-
555
income
-
-
-
4 441
health
-
-
-
3 811
total
-
-
-
18 427
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.

21 027
-
31 383
-
health
1 083
-
1 616
-
unemployment
158
-
235
-
pensions
2 944
-
4 394
-
income
2 898
-
4 972
-
total
7 083
-
11 217
-
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.

21 027
-
31 383
-
health
1 083
-
1 616
-
pensions
2 523
-
3 766
-
unemployment
158
-
235
-
total
3 764
-
5 617
-
Corporate
12 209
37 000
-
-
income
1 831
5 550
-
-
total
1 831
5 550
-
-
Dividends
10 378
31 450
-
-
withholding
1 557
4 718
-
-
total
1 557
4 718
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 235
10 268
16 834
18 427
After tax
22 765
26 732
20 166
18 573
Living cost
13 944
13 944
13 944
13 944
Free-cash
8 821
12 788
6 222
4 629

Estimated living cost  is ₽13944 per week

₽9389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽3073
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
-₽35196
-₽26893
-₽24850
-₽39407
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
pensions
-
-
-
3 404
city
-
-
-
389
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.

-
-
-
741
health
-
-
-
184
regional
-
-
-
715
national
-
-
-
90
total
-
-
-
5 523
Employee
65 917
-
33 033
-
health
149
-
74
-
unemployment
-
-
-
-
city
707
-
354
-
pensions
5 538
-
2 869
-
regional
2 158
-
597
-
national
312
-
68
-
total
8 864
-
3 962
-
Employer
65 917
-
33 033
-
health
149
-
74
-
pensions
5 538
-
2 869
-
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.

1 318
-
661
-
total
7 005
-
3 604
-
Corporate
-
37 000
-
-
regional
-
7 825
-
-
national
-
3 145
-
-
total
-
10 970
-
-
Dividends
-
26 030
-
-
withholding
-
9 110
-
-
total
-
9 110
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 869
20 080
7 566
5 523
After tax
21 131
16 920
29 434
31 477
Living cost
56 327
56 327
56 327
56 327
Free-cash
-35 196
-39 407
-26 893
-24 850

Estimated living cost  is ₽56327 per week

₽36629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽13952
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
-₽13609
-₽7851
-₽1505
-₽5466
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
-
-
-
6 619
health
-
-
-
232
national
-
-
-
585
total
-
-
-
7 436
Employee
42 576
-
31 126
-
health
318
-
141
-
unemployment
639
-
467
-
pensions
2 873
-
2 101
-
national
703
-
83
-
municipal
6 974
-
5 115
-
total
11 507
-
7 907
-
Employer
42 576
-
31 126
-
health
327
-
240
-
pensions
7 387
-
5 401
-
accident
43
-
31
-
unemployment
276
-
203
-
total
8 033
-
5 875
-
Corporate
-
37 000
-
-
income
-
7 401
-
-
total
-
7 401
-
-
Dividends

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

-
22 200
-
-
municipal
-
3 996
-
-
national
-
-
-
-
total
-
3 996
-
-
Income
37 000
37 000
37 000
37 000
Total tax
19 540
11 397
13 782
7 436
After tax
17 460
25 603
23 218
29 564
Living cost
31 069
31 069
31 069
31 069
Free-cash
-13 609
-5 466
-7 851
-1 505

Estimated living cost  is ₽31069 per week

₽20294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
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.
₽7293
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
-₽37737
-₽13002
-₽8310
-₽8594
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
communal

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

-
-
-
2 016
social contributions
-
-
-
3 400
national
-
-
-
10 388
total
-
-
-
15 804
Employee

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

57 886
-
28 658
-
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.

2 720
-
1 347
-
communal

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

3 019
-
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.

504
-
249
-
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.

4 341
-
2 150
-
national
17 797
-
6 913
-
total
28 381
-
12 153
-
Employer

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

57 886
-
28 658
-
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.

3 560
-
1 763
-
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.

5 129
-
2 539
-
surtax
6 564
-
3 250
-
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.

752
-
373
-
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.

845
-
418
-
total
16 850
-
8 343
-
Corporate
-
37 000
-
-
income
-
7 401
-
-
surtax
-
147
-
-
total
-
7 548
-
-
Dividends
-
29 452
-
-
withholding

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

-
8 540
-
-
total
-
8 540
-
-
Income
37 000
37 000
37 000
37 000
Total tax
45 231
16 088
20 496
15 804
After tax
-8 231
20 912
16 504
21 196
Living cost
29 506
29 506
29 506
29 506
Free-cash
-37 737
-8 594
-13 002
-8 310

Estimated living cost  is ₽29506 per week

₽19006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7459
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
-₽28345
-₽15135
-₽16451
-₽14693
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
unemployment
-
-
-
37
municipal
-
-
-
7 837
other
-
-
-
4 299
health
-
-
-
2 309
national
-
-
-
-
accident
-
-
-
74
pensions
-
-
-
4 000
total
-
-
-
18 556
Employee
49 722
-
28 154
-
national
-
-
-
-
municipal
14 827
-
8 396
-
total
14 827
-
8 396
-
Employer
49 722
-
28 154
-
health
3 058
-
1 731
-
pensions
5 375
-
3 043
-
accident
99
-
56
-
unemployment
1 313
-
743
-
other
5 778
-
3 271
-
total
15 623
-
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
30 450
16 798
17 240
18 556
After tax
6 550
20 202
19 760
18 444
Living cost
34 895
34 895
34 895
34 895
Free-cash
-28 345
-14 693
-15 135
-16 451

Estimated living cost  is ₽34895 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7814
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
-₽95602
-₽13072
-₽12803
-₽15862
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
55 021
-
420
-
income
12 137
-
-
-
social contributions
4 512
-
643
-
total
16 649
-
643
-
Employer
55 021
-
420
-
social contributions
77 580
-
11 056
-
total
77 580
-
11 056
-
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
94 229
14 489
11 699
11 430
After tax
-57 229
22 511
25 301
25 570
Living cost
38 373
38 373
38 373
38 373
Free-cash
-95 602
-15 862
-13 072
-12 803

Estimated living cost  is ₽38373 per week

₽24898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽9377
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
-₽3123
-₽2634
₽3968
-₽7548
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
-
-
-
68
health
-
-
-
943
social contributions
-
-
-
5 773
total
-
-
-
6 784
Employee
62 228
62 228
62 228
-
health
619
1 058
571
-
income
6 534
5 760
6 619
-
social contributions
3 024
5 165
2 787
-
total
10 177
11 983
9 977
-
Employer
62 228
62 228
62 228
-
health
674
1 152
622
-
social contributions
3 024
5 165
2 787
-
total
3 698
6 317
3 409
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
13 875
18 300
13 386
6 784
After tax
23 125
18 700
23 614
30 216
Living cost
26 248
26 248
26 248
26 248
Free-cash
-3 123
-7 548
-2 634
3 968

Estimated living cost  is ₽26248 per week

₽17943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5814
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
-₽7467
-₽4438
-₽946
-₽1200
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
-
-
-
6 993
pensions
-
-
-
2 030
total
-
-
-
9 023
Employee
39 701
-
33 250
-
health
518
-
386
-
pensions
3 030
-
2 257
-
income
7 230
-
6 122
-
total
10 778
-
8 765
-
Employer
39 701
-
33 250
-
health
755
-
631
-
pensions
4 011
-
3 119
-
total
4 766
-
3 750
-
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.

-
7 029
-
-
total
-
7 029
-
-
Dividends
-
29 971
-
-
withholding
-
2 248
-
-
total
-
2 248
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 544
9 277
12 515
9 023
After tax
21 456
27 723
24 485
27 977
Living cost
28 923
28 923
28 923
28 923
Free-cash
-7 467
-1 200
-4 438
-946

Estimated living cost  is ₽28923 per week

₽19841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2660
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.
₽6059
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
-₽31194
-₽14075
-₽12022
-₽12749
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
-
-
-
247
regional
-
-
-
520
social contributions
-
-
-
9 517
national
-
-
-
6 499
total
-
-
-
16 783
Employee
68 193
-
37 000
-
social contributions
22 994
-
12 476
-
regional
1 030
-
438
-
national
11 524
-
5 701
-
municipal
407
-
221
-
total
35 955
-
18 836
-
Employer
68 193
-
37 000
-
total
-
-
-
-
Corporate
-
37 000
-
-
nationa
-
8 879
-
-
municipal
-
1 783
-
-
total
-
10 662
-
-
Dividends
-
26 338
-
-
withholding
-
6 848
-
-
total
-
6 848
-
-
Income
37 000
37 000
37 000
37 000
Total tax
35 955
17 510
18 836
16 783
After tax
1 045
19 490
18 164
20 217
Living cost
32 239
32 239
32 239
32 239
Free-cash
-31 194
-12 749
-14 075
-12 022

Estimated living cost  is ₽32239 per week

₽22646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
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.
₽6888
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
₽367
₽2401
₽8516
-₽14141
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
pensions
-
-
-
3 241
income
-
-
-
5 920
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
11 346
Employee
26 959
-
30 736
-
health
3 087
-
3 519
-
pensions
3 036
-
3 461
-
income
3 699
-
4 217
-
total
9 822
-
11 197
-
Employer
26 959
-
30 736
-
pensions
4 384
-
4 998
-
accident
450
-
513
-
unemployment
660
-
753
-
total
5 494
-
6 264
-
Corporate
4 547
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.

4 092
33 300
-
-
total
4 092
33 300
-
-
Dividends
455
3 700
-
-
withholding
87
703
-
-
total
87
703
-
-
Income
37 000
37 000
37 000
37 000
Total tax
19 495
34 003
17 461
11 346
After tax
17 505
2 997
19 539
25 654
Living cost
17 138
17 138
17 138
17 138
Free-cash
367
-14 141
2 401
8 516

Estimated living cost  is ₽17138 per week

₽12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3270
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
-₽3266
-₽2332
-₽2332
-₽12029
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
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.

-
-
-
2 426
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.

-
-
-
5 529
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.

-
-
-
134
total
-
-
-
8 089
Employee

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

40 265
-
37 000
-
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.

5 529
-
5 529
-
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.

3 311
-
2 426
-
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.

183
-
134
-
total
9 023
-
8 089
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
37 000
-
-
income
-
5 550
-
-
trade
-
5 309
-
-
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
-
-
chamber of commerce
-
177
-
-
total
-
11 342
-
-
Dividends
-
25 659
-
-
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.

-
336
-
-
withholding
-
6 108
-
-
total
-
6 444
-
-
Income
37 000
37 000
37 000
37 000
Total tax
9 023
17 786
8 089
8 089
After tax
27 977
19 214
28 911
28 911
Living cost
31 243
31 243
31 243
31 243
Free-cash
-3 266
-12 029
-2 332
-2 332

Estimated living cost  is ₽31243 per week

₽21552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽5876
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
₽6127
₽4394
₽12066
₽12763
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
income
-
-
-
-
microenterprise
-
-
-
5 550
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.

-
-
-
2 548
surtax
-
-
-
-
total
-
-
-
8 098
Employee
23 647
-
29 817
-
income
4 209
-
5 307
-
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.

2 601
-
3 280
-
surtax
-
-
-
-
total
6 810
-
8 587
-
Employer
23 647
-
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.

5 696
-
7 183
-
surtax
-
-
-
-
total
5 696
-
7 183
-
Corporate
7 657
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%.

1 531
7 401
-
-
total
1 531
7 401
-
-
Dividends

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

6 126
29 599
-
-
total
-
-
-
-
Income
37 000
37 000
37 000
37 000
Total tax
14 037
7 401
15 770
8 098
After tax
22 963
29 599
21 230
28 902
Living cost
16 836
16 836
16 836
16 836
Free-cash
6 127
12 763
4 394
12 066

Estimated living cost  is ₽16836 per week

₽10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4110
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
₽11518
₽9042
₽8274
₽13149
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
-
-
-
6 281
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
18 787
Employee
15 138
-
30 204
-
health
757
-
1 510
-
unemployment
151
-
302
-
pensions
1 362
-
2 718
-
income
2 928
-
6 694
-
total
5 198
-
11 224
-
Employer
15 138
-
30 204
-
health
1 438
-
2 869
-
pensions
1 665
-
3 322
-
unemployment
303
-
604
-
total
3 406
-
6 795
-
Corporate
18 455
37 000
-
-
income
4 060
8 140
-
-
total
4 060
8 140
-
-
Dividends
14 395
28 860
-
-
withholding
2 879
5 772
-
-
total
2 879
5 772
-
-
Income
37 000
37 000
37 000
37 000
Total tax
15 543
13 912
18 019
18 787
After tax
21 457
23 088
18 981
18 213
Living cost
9 939
9 939
9 939
9 939
Free-cash
11 518
13 149
9 042
8 274

Estimated living cost  is ₽9939 per week

₽5906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
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.
₽2999
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
₽2521
₽2162
₽3068
₽5097
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
pensions
-
-
-
7 401
unemployment
-
-
-
184
income
-
-
-
5 358
other
-
-
-
-
health
-
-
-
2 628
surtax
-
-
-
184
total
-
-
-
15 755
Employee
27 253
-
30 565
-
health
696
-
780
-
unemployment
1 897
-
2 127
-
pensions
1 818
-
2 039
-
income
4 569
-
5 123
-
other
-
-
-
-
surtax
97
-
158
-
total
9 077
-
10 227
-
Employer
27 253
-
30 565
-
health
1 239
-
1 391
-
pensions
3 633
-
4 074
-
unemployment
865
-
969
-
other
-
-
-
-
total
5 737
-
6 434
-
Corporate
4 010
37 000
-
-
income
1 043
9 620
-
-
total
1 043
9 620
-
-
Dividends
2 967
27 380
-
-
withholding
445
4 106
-
-
total
445
4 106
-
-
Income
37 000
37 000
37 000
37 000
Total tax
16 302
13 726
16 661
15 755
After tax
20 698
23 274
20 339
21 245
Living cost
18 177
18 177
18 177
18 177
Free-cash
2 521
5 097
2 162
3 068

Estimated living cost  is ₽18177 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1580
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.
₽5201
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
-₽9322
-₽11373
-₽4970
-₽7085
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
pensions
-
-
-
6 845
chamber of commerce
-
-
-
147
unemployment
-
-