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
₽ 38000
per

Your estimated
City
free-cash

Valencia , Spain
-₽2611
-₽2789
₽1676
-₽4630
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
-
-
-
38 000
income
-
-
-
5 351
accident
-
-
-
342
unemployment
-
-
-
265
pensions
-
-
-
10 753
other
-
-
-
38
total
-
-
-
16 749
Employee
32 324
-
28 693
-
other
32
-
30
-
income
6 232
-
5 409
-
unemployment
501
-
453
-
pensions
1 520
-
1 372
-
total
8 285
-
7 264
-
Employer
32 324
-
28 693
-
unemployment
1 778
-
1 606
-
pensions
7 628
-
6 890
-
other
259
-
234
-
accident
640
-
577
-
total
10 305
-
9 307
-
Corporate
-
38 000
-
-
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.

-
5 700
-
-
total
-
5 700
-
-
Dividends
-
32 300
-
-
withholding
-
6 584
-
-
total
-
6 584
-
-
Income
38 000
38 000
38 000
38 000
Total tax
18 590
12 284
16 571
16 749
After tax
19 410
25 716
21 429
21 251
Living cost
24 040
24 040
24 040
24 040
Free-cash
-4 630
1 676
-2 611
-2 789

Estimated living cost  is ₽24040 per week

₽16226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
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.
₽5081
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
-₽1020
-₽2716
₽4624
-₽1743
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
-
-
-
38 000
income
-
-
-
4 826
health
-
-
-
1 672
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.

-
-
-
9 119
other
-
-
-
1 805
total
-
-
-
17 422
Employee
31 741
-
30 352
-
income
5 465
-
5 224
-
health
445
-
425
-
unemployment
317
-
304
-
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.

2 221
-
2 125
-
total
8 448
-
8 078
-
Employer
31 741
-
30 352
-
unemployment
317
-
304
-
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.

5 397
-
5 159
-
other
1 588
-
1 518
-
accident
254
-
242
-
health
445
-
425
-
total
8 001
-
7 648
-
Corporate
-
38 000
-
-
income
-
7 980
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
2 102
-
-
total
-
2 102
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 449
10 082
15 726
17 422
After tax
21 551
27 918
22 274
20 578
Living cost
23 294
23 294
23 294
23 294
Free-cash
-1 743
4 624
-1 020
-2 716

Estimated living cost  is ₽23294 per week

₽16459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4887
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
₽12947
₽12707
₽21041
₽16984
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
-
-
-
38 000
income
-
-
-
5 700
health
-
-
-
3 508
unemployment
-
-
-
122
pensions

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

-
-
-
4 514
total
-
-
-
13 844
Employee
15 160
-
32 016
-
income
1 516
-
3 202
-
health
697
-
1 403
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
pensions

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

1 331
-
2 678
-
total
3 711
-
7 619
-
Employer
15 160
-
32 016
-
unemployment
91
-
183
-
pensions

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

1 671
-
3 361
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 046
-
2 105
-
total
2 975
-
5 985
-
Corporate
19 866
38 000
-
-
income
1 987
3 800
-
-
total
1 987
3 800
-
-
Dividends
17 879
34 200
-
-
withholding
894
1 710
-
-
total
894
1 710
-
-
Income
38 000
38 000
38 000
38 000
Total tax
9 567
5 510
13 604
13 844
After tax
28 433
32 490
24 396
24 156
Living cost
11 449
11 449
11 449
11 449
Free-cash
16 984
21 041
12 947
12 707

Estimated living cost  is ₽11449 per week

₽6684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽818
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.
₽3644
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
-₽6239
-₽6863
-₽10757
-₽11099
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
-
-
-
38 000
income
-
-
-
1 092
social contributions
-
-
-
1 083
health
-
-
-
330
surtax
-
-
-
-
pensions
-
-
-
11 271
other
-
-
-
1 178
total
-
-
-
14 954
Employee
37 415
-
28 957
-
income
2 208
-
1 186
-
social contributions
1 067
-
826
-
surtax
-
-
-
-
pensions
4 230
-
3 275
-
total
7 505
-
5 287
-
Employer
37 415
-
28 957
-
unemployment
1 515
-
1 173
-
social contributions
113
-
86
-
pensions
6 146
-
4 758
-
other
1 291
-
999
-
health
2 620
-
2 027
-
total
11 685
-
9 043
-
Corporate
-
38 000
-
-
income
-
10 641
-
-
surtax
-
-
-
-
total
-
10 641
-
-
Dividends
-
27 359
-
-
withholding
-
3 502
-
-
surtax
-
-
-
-
social contributions
-
4 705
-
-
total
-
8 207
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 190
18 848
14 330
14 954
After tax
18 810
19 152
23 670
23 046
Living cost
29 909
29 909
29 909
29 909
Free-cash
-11 099
-10 757
-6 239
-6 863

Estimated living cost  is ₽29909 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8111
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
-₽48811
-₽14776
-₽43903
-₽48811
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
-
-
-
38 000
income
-
-
-
3 481
health
-
-
-
5 833
pensions
-
-
-
6 840
total
-
-
-
16 154
Employee
74 653
74 653
74 653
-
income

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

12 220
12 220
12 220
-
health
11 458
9 746
11 458
-
pensions
13 438
10 242
13 438
-
total
37 116
32 208
37 116
-
Employer
74 653
74 653
74 653
-
unemployment
2 688
2 688
2 688
-
pensions
5 196
5 196
5 196
-
health
5 189
5 189
5 189
-
total
13 073
13 073
13 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
50 189
45 281
50 189
16 154
After tax
-12 189
-7 281
-12 189
21 846
Living cost
36 622
36 622
36 622
36 622
Free-cash
-48 811
-43 903
-48 811
-14 776

Estimated living cost  is ₽36622 per week

₽25953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
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.
₽6785
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
₽3333
₽3333
-₽7125
₽2548
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.

-
-
-
38 000
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.

-
-
-
2 100
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.

-
-
-
5 972
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.

-
-
-
116
total
-
-
-
8 188
Employee

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

33 437
-
38 000
-
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.

934
-
2 100
-
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.

5 972
-
5 972
-
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
-
116
-
total
6 957
-
8 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 563
38 000
-
-
chamber of commerce
139
187
-
-
income
685
5 700
-
-
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
314
-
-
trade
718
5 986
-
-
total
1 580
12 187
-
-
Dividends
2 982
25 813
-
-
withholding
413
6 122
-
-
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.

23
337
-
-
total
436
6 459
-
-
Income
38 000
38 000
38 000
38 000
Total tax
8 973
18 646
8 188
8 188
After tax
29 027
19 354
29 812
29 812
Living cost
26 479
26 479
26 479
26 479
Free-cash
2 548
-7 125
3 333
3 333

Estimated living cost  is ₽26479 per week

₽16656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
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.
₽6241
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
₽3605
₽10864
-₽2008
₽3101
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
-
-
-
38 000
income
-
-
-
-
social contributions
-
-
-
5 927
health
-
-
-
969
total
-
-
-
6 896
Employee
67 222
67 222
67 222
-
income
7 319
6 223
7 203
-
social contributions
2 542
5 579
2 863
-
health
521
1 143
587
-
total
10 382
12 945
10 653
-
Employer
67 222
67 222
67 222
-
social contributions
2 542
5 579
2 863
-
health
566
1 244
639
-
total
3 108
6 823
3 502
-
Corporate
4 271
-
-
-
income
534
-
-
-
total
534
-
-
-
Dividends
3 737
-
-
-
withholding
635
-
-
-
total
635
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 659
19 768
14 155
6 896
After tax
23 341
18 232
23 845
31 104
Living cost
20 240
20 240
20 240
20 240
Free-cash
3 101
-2 008
3 605
10 864

Estimated living cost  is ₽20240 per week

₽12130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽5677
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
-₽5905
-₽5145
-₽5807
-₽11756
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.

-
-
-
38 000
income
-
-
-
2 519
social contributions

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

-
-
-
13 205
surtax
-
-
-
-
total
-
-
-
15 724
Employee
40 207
-
30 707
-
income
8 363
-
5 813
-
social contributions
4 423
-
3 378
-
surtax
-
-
-
-
total
12 786
-
9 191
-
Employer
40 207
-
30 707
-
social contributions
9 549
-
7 293
-
total
9 549
-
7 293
-
Corporate
-
38 000
-
-
income
-
7 980
-
-
surtax
-
-
-
-
total
-
7 980
-
-
Dividends
-
30 020
-
-
withholding
-
8 406
-
-
total
-
8 406
-
-
Income
38 000
38 000
38 000
38 000
Total tax
22 335
16 386
16 484
15 724
After tax
15 665
21 614
21 516
22 276
Living cost
27 421
27 421
27 421
27 421
Free-cash
-11 756
-5 807
-5 905
-5 145

Estimated living cost  is ₽27421 per week

₽20516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
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.
₽4829
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
₽24111
₽31331
₽29811
₽28632
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%.

-
-
-
38 000
microenterprise

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

-
-
-
380
total
-
-
-
380
Employee
7 861
-
38 000
-
income
1 572
-
7 600
-
total
1 572
-
7 600
-
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%.

30 139
38 000
-
-
total
-
-
-
-
Dividends
30 139
38 000
-
-
withholding
1 507
1 900
-
-
total
1 507
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
3 079
1 900
7 600
380
After tax
34 921
36 100
30 400
37 620
Living cost
6 289
6 289
6 289
6 289
Free-cash
28 632
29 811
24 111
31 331

Estimated living cost  is ₽6289 per week

₽3897
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.
₽1696
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
-₽3287
-₽2080
₽2715
-₽6677
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.

-
-
-
38 000
income
-
-
-
5 898
health
-
-
-
3 739
unemployment
-
-
-
56
pensions
-
-
-
6 939
total
-
-
-
16 632
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.

38 658
-
32 880
-
income
6 666
-
5 452
-
health
2 497
-
2 125
-
unemployment
55
-
46
-
pensions
5 992
-
5 096
-
total
15 210
-
12 719
-
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.

38 658
-
32 880
-
unemployment
23
-
20
-
pensions
3 421
-
2 910
-
health
2 575
-
2 190
-
total
6 019
-
5 120
-
Corporate
-
38 000
-
-
income
-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 229
11 837
17 839
16 632
After tax
16 771
26 163
20 161
21 368
Living cost
23 448
23 448
23 448
23 448
Free-cash
-6 677
2 715
-3 287
-2 080

Estimated living cost  is ₽23448 per week

₽16092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
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.
₽5400
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
-₽3755
-₽24330
-₽10738
-₽8731
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.

-
-
-
38 000
income
-
-
-
24 884
health

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

-
-
-
5 712
total
-
-
-
30 596
Employee
40 103
-
34 539
-
social contributions
4 018
-
3 461
-
income
4 351
-
3 099
-
total
8 369
-
6 560
-
Employer
40 103
-
34 539
-
social contributions
4 018
-
3 461
-
total
4 018
-
3 461
-
Corporate
-
38 000
-
-
income
-
13 300
-
-
total
-
13 300
-
-
Dividends
-
24 700
-
-
social contributions
2 610
3 704
-
-
total
2 610
3 704
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 997
17 004
10 021
30 596
After tax
23 003
20 996
27 979
7 404
Living cost
31 734
31 734
31 734
31 734
Free-cash
-8 731
-10 738
-3 755
-24 330

Estimated living cost  is ₽31734 per week

₽20903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽7842
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
₽4700
₽5866
₽4646
₽4454
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
-
-
-
38 000
income
-
-
-
5 700
social contributions
-
-
-
5 244
health
-
-
-
2 653
total
-
-
-
13 597
Employee
29 641
-
38 000
-
income
4 944
-
6 866
-
social contributions
4 091
-
5 244
-
health
2 069
-
2 653
-
total
11 104
-
14 763
-
Employer
29 641
-
38 000
-
total
-
-
-
-
Corporate
8 359
38 000
-
-
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%.

418
1 900
-
-
total
418
1 900
-
-
Dividends
7 941
36 100
-
-
withholding
1 191
5 415
-
-
health
771
2 520
-
-
social contributions
1 525
4 982
-
-
total
3 487
12 917
-
-
Income
38 000
38 000
38 000
38 000
Total tax
15 009
14 817
14 763
13 597
After tax
22 991
23 183
23 237
24 403
Living cost
18 537
18 537
18 537
18 537
Free-cash
4 454
4 646
4 700
5 866

Estimated living cost  is ₽18537 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4560
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
-₽4359
-₽5135
₽2520
-₽8590
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
-
-
-
38 000
income
-
-
-
3 266
social contributions
-
-
-
11 096
solidarity contribution
-
-
-
-
health
-
-
-
5 130
total
-
-
-
19 492
Employee
34 770
-
28 358
-
solidarity contribution
-
-
-
-
income
4 172
-
3 403
-
social contributions
2 260
-
1 843
-
health
4 694
-
3 828
-
total
11 126
-
9 074
-
Employer
34 770
-
28 358
-
social contributions
8 692
-
7 090
-
health
3 129
-
2 552
-
total
11 821
-
9 642
-
Corporate
-
38 000
-
-
income
-
7 220
-
-
total
-
7 220
-
-
Dividends
-
30 780
-
-
withholding
-
4 617
-
-
total
-
4 617
-
-
Income
38 000
38 000
38 000
38 000
Total tax
22 947
11 837
18 716
19 492
After tax
15 053
26 163
19 284
18 508
Living cost
23 643
23 643
23 643
23 643
Free-cash
-8 590
2 520
-4 359
-5 135

Estimated living cost  is ₽23643 per week

₽17583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
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.
₽4342
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
₽20600
₽27820
₽26300
₽24463
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%.

-
-
-
38 000
microenterprise

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

-
-
-
380
total
-
-
-
380
Employee
12 251
-
38 000
-
income
2 450
-
7 600
-
total
2 450
-
7 600
-
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%.

25 749
38 000
-
-
total
-
-
-
-
Dividends
25 749
38 000
-
-
withholding
1 287
1 900
-
-
total
1 287
1 900
-
-
Income
38 000
38 000
38 000
38 000
Total tax
3 737
1 900
7 600
380
After tax
34 263
36 100
30 400
37 620
Living cost
9 800
9 800
9 800
9 800
Free-cash
24 463
26 300
20 600
27 820

Estimated living cost  is ₽9800 per week

₽6632
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.
₽2428
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
-₽18553
-₽19177
-₽23071
-₽33853
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
-
-
-
38 000
income
-
-
-
1 092
social contributions
-
-
-
1 083
health
-
-
-
330
surtax
-
-
-
-
pensions
-
-
-
11 271
other
-
-
-
1 178
total
-
-
-
14 954
Employee
54 753
-
28 957
-
income
4 777
-
1 186
-
social contributions
1 559
-
826
-
surtax
-
-
-
-
pensions
6 193
-
3 275
-
total
12 529
-
5 287
-
Employer
54 753
-
28 957
-
unemployment
2 218
-
1 173
-
social contributions
164
-
86
-
pensions
8 997
-
4 758
-
other
1 890
-
999
-
health
3 832
-
2 027
-
total
17 101
-
9 043
-
Corporate
-
38 000
-
-
income
-
10 641
-
-
surtax
-
-
-
-
total
-
10 641
-
-
Dividends
-
27 359
-
-
withholding
-
3 502
-
-
surtax
-
-
-
-
social contributions
-
4 705
-
-
total
-
8 207
-
-
Income
38 000
38 000
38 000
38 000
Total tax
29 630
18 848
14 330
14 954
After tax
8 370
19 152
23 670
23 046
Living cost
42 223
42 223
42 223
42 223
Free-cash
-33 853
-23 071
-18 553
-19 177

Estimated living cost  is ₽42223 per week

₽28576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9614
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
₽5706
₽4072
₽12381
₽8093
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.

-
-
-
38 000
income
-
-
-
4 490
health
-
-
-
3 914
unemployment
-
-
-
570
pensions
-
-
-
9 880
total
-
-
-
18 854
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.

22 730
-
32 231
-
income
3 133
-
5 036
-
health
1 171
-
1 660
-
unemployment
170
-
242
-
pensions
3 182
-
4 512
-
total
7 656
-
11 450
-
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.

22 730
-
32 231
-
unemployment
170
-
242
-
pensions
2 728
-
3 868
-
health
1 171
-
1 660
-
total
4 069
-
5 770
-
Corporate
11 201
38 000
-
-
income
1 680
5 700
-
-
total
1 680
5 700
-
-
Dividends
9 521
32 300
-
-
withholding
1 428
4 845
-
-
total
1 428
4 845
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 833
10 545
17 220
18 854
After tax
23 167
27 455
20 780
19 146
Living cost
15 074
15 074
15 074
15 074
Free-cash
8 093
12 381
5 706
4 072

Estimated living cost  is ₽15074 per week

₽10149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽3322
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
-₽30955
-₽28737
-₽43724
-₽40314
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
-
-
-
38 000
regional
-
-
-
700
national
-
-
-
83
health
-
-
-
199
city
-
-
-
399
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.

-
-
-
760
pensions
-
-
-
3 496
total
-
-
-
5 637
Employee
71 502
-
33 859
-
regional
2 341
-
574
-
city
767
-
361
-
health
162
-
77
-
unemployment
-
-
-
-
national
338
-
58
-
pensions
6 007
-
3 015
-
total
9 615
-
4 085
-
Employer
71 502
-
33 859
-
unemployment
-
-
-
-
pensions
6 007
-
3 015
-
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.

1 430
-
678
-
health
162
-
77
-
total
7 599
-
3 770
-
Corporate
-
38 000
-
-
regional
-
8 036
-
-
national
-
3 230
-
-
total
-
11 266
-
-
Dividends
-
26 734
-
-
withholding
-
9 358
-
-
total
-
9 358
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 214
20 624
7 855
5 637
After tax
20 786
17 376
30 145
32 363
Living cost
61 100
61 100
61 100
61 100
Free-cash
-40 314
-43 724
-30 955
-28 737

Estimated living cost  is ₽61100 per week

₽39732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
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.
₽15134
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
-₽9616
-₽3098
-₽7267
-₽16671
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

-
-
-
38 000
municipal
-
-
-
6 800
national
-
-
-
514
health
-
-
-
221
total
-
-
-
7 535
Employee
45 994
-
31 970
-
health
343
-
128
-
unemployment
690
-
479
-
national
760
-
-
-
municipal
7 533
-
5 257
-
pensions
3 104
-
2 158
-
total
12 430
-
8 022
-
Employer
45 994
-
31 970
-
unemployment
299
-
207
-
pensions
7 980
-
5 546
-
accident
46
-
32
-
health
353
-
246
-
total
8 678
-
6 031
-
Corporate
-
38 000
-
-
income
-
7 600
-
-
total
-
7 600
-
-
Dividends

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

-
22 800
-
-
national
-
-
-
-
municipal
-
4 104
-
-
total
-
4 104
-
-
Income
38 000
38 000
38 000
38 000
Total tax
21 108
11 704
14 053
7 535
After tax
16 892
26 296
23 947
30 465
Living cost
33 563
33 563
33 563
33 563
Free-cash
-16 671
-7 267
-9 616
-3 098

Estimated living cost  is ₽33563 per week

₽21923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽7878
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
-₽14762
-₽9817
-₽10384
-₽42735
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
-
-
-
38 000
national
-
-
-
10 598
social contributions
-
-
-
3 260
communal

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

-
-
-
2 084
total
-
-
-
15 942
Employee

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

62 532
-
29 433
-
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.

2 938
-
1 384
-
communal

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

3 262
-
1 535
-
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.

544
-
255
-
national
19 225
-
6 937
-
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.

4 690
-
2 208
-
total
30 659
-
12 319
-
Employer

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

62 532
-
29 433
-
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.

912
-
430
-
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.

5 541
-
2 608
-
surtax
7 090
-
3 338
-
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.

813
-
382
-
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.

3 845
-
1 810
-
total
18 201
-
8 568
-
Corporate
-
38 000
-
-
income
-
7 600
-
-
surtax
-
153
-
-
total
-
7 753
-
-
Dividends
-
30 248
-
-
withholding

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

-
8 756
-
-
total
-
8 756
-
-
Income
38 000
38 000
38 000
38 000
Total tax
48 860
16 509
20 887
15 942
After tax
-10 860
21 491
17 113
22 058
Living cost
31 875
31 875
31 875
31 875
Free-cash
-42 735
-10 384
-14 762
-9 817

Estimated living cost  is ₽31875 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8058
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
-₽15423
-₽16774
-₽14968
-₽28883
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
-
-
-
38 000
municipal
-
-
-
8 049
national
-
-
-
-
health
-
-
-
2 371
accident
-
-
-
76
unemployment
-
-
-
38
pensions
-
-
-
4 108
other
-
-
-
4 416
total
-
-
-
19 058
Employee
50 892
-
28 915
-
national
-
-
-
-
municipal
15 176
-
8 622
-
total
15 176
-
8 622
-
Employer
50 892
-
28 915
-
unemployment
1 344
-
763
-
pensions
5 501
-
3 126
-
other
5 914
-
3 360
-
accident
102
-
58
-
health
3 130
-
1 778
-
total
15 991
-
9 085
-
Corporate
-
38 000
-
-
income
-
8 360
-
-
total
-
8 360
-
-
Dividends
-
29 640
-
-
withholding
-
8 892
-
-
total
-
8 892
-
-
Income
38 000
38 000
38 000
38 000
Total tax
31 167
17 252
17 707
19 058
After tax
6 833
20 748
20 293
18 942
Living cost
35 716
35 716
35 716
35 716
Free-cash
-28 883
-14 968
-15 423
-16 774

Estimated living cost  is ₽35716 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7998
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
-₽12420
-₽12379
-₽15521
-₽95524
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
-
-
-
38 000
income
-
-
-
7 407
social contributions
-
-
-
4 332
total
-
-
-
11 739
Employee
55 404
-
118
-
income
12 221
-
-
-
social contributions
4 543
-
647
-
total
16 764
-
647
-
Employer
55 404
-
118
-
social contributions
78 120
-
11 133
-
total
78 120
-
11 133
-
Corporate
-
38 000
-
-
income
-
8 360
-
-
total
-
8 360
-
-
Dividends
-
29 640
-
-
income
-
6 521
-
-
total
-
6 521
-
-
Income
38 000
38 000
38 000
38 000
Total tax
94 884
14 881
11 780
11 739
After tax
-56 884
23 119
26 220
26 261
Living cost
38 640
38 640
38 640
38 640
Free-cash
-95 524
-15 521
-12 420
-12 379

Estimated living cost  is ₽38640 per week

₽25071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9442
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
-₽4510
₽2749
-₽10123
-₽5345
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
-
-
-
38 000
income
-
-
-
-
social contributions
-
-
-
5 927
health
-
-
-
969
total
-
-
-
6 896
Employee
67 222
67 222
67 222
-
income
7 059
6 223
7 203
-
social contributions
3 267
5 579
2 863
-
health
669
1 143
587
-
total
10 995
12 945
10 653
-
Employer
67 222
67 222
67 222
-
social contributions
3 267
5 579
2 863
-
health
728
1 244
639
-
total
3 995
6 823
3 502
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 990
19 768
14 155
6 896
After tax
23 010
18 232
23 845
31 104
Living cost
28 355
28 355
28 355
28 355
Free-cash
-5 345
-10 123
-4 510
2 749

Estimated living cost  is ₽28355 per week

₽19383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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
Edinburgh , United Kingdom
-₽6411
-₽2926
-₽3260
-₽10785
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
-
-
-
38 000
income
-
-
-
7 200
pensions
-
-
-
1 994
total
-
-
-
9 194
Employee
43 557
-
34 235
-
income
7 932
-
6 331
-
health
568
-
376
-
pensions
3 324
-
2 207
-
total
11 824
-
8 914
-
Employer
43 557
-
34 235
-
pensions
4 401
-
3 114
-
health
828
-
651
-
total
5 229
-
3 765
-
Corporate
-
38 000
-
-
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.

-
7 219
-
-
total
-
7 219
-
-
Dividends
-
30 781
-
-
withholding
-
2 309
-
-
total
-
2 309
-
-
Income
38 000
38 000
38 000
38 000
Total tax
17 053
9 528
12 679
9 194
After tax
20 947
28 472
25 321
28 806
Living cost
31 732
31 732
31 732
31 732
Free-cash
-10 785
-3 260
-6 411
-2 926

Estimated living cost  is ₽31732 per week

₽21768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2918
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.
₽6647
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
-₽16111
-₽14001
-₽14808
-₽35667
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
-
-
-
38 000
municipal
-
-
-
254
regional
-
-
-
522
national
-
-
-
6 626
social contributions
-
-
-
9 773
total
-
-
-
17 175
Employee
73 666
-
38 000
-
regional
1 112
-
439
-
social contributions
24 840
-
12 814
-
national
12 449
-
5 805
-
municipal
440
-
227
-
total
38 841
-
19 285
-
Employer
73 666
-
38 000
-
total
-
-
-
-
Corporate
-
38 000
-
-
nationa
-
9 119
-
-
municipal
-
1 831
-
-
total
-
10 950
-
-
Dividends
-
27 049
-
-
withholding
-
7 032
-
-
total
-
7 032
-
-
Income
38 000
38 000
38 000
38 000
Total tax
38 841
17 982
19 285
17 175
After tax
-841
20 018
18 715
20 825
Living cost
34 826
34 826
34 826
34 826
Free-cash
-35 667
-14 808
-16 111
-14 001

Estimated living cost  is ₽34826 per week

₽24463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7440
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
₽2045
₽8336
-₽14945
₽313
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
-
-
-
38 000
income
-
-
-
5 934
health
-
-
-
1 787
accident
-
-
-
207
pensions
-
-
-
3 409
other
-
-
-
304
total
-
-
-
11 641
Employee
28 351
-
31 567
-
income
3 890
-
4 331
-
health
3 246
-
3 614
-
pensions
3 192
-
3 554
-
total
10 328
-
11 499
-
Employer
28 351
-
31 567
-
unemployment
695
-
773
-
pensions
4 610
-
5 133
-
accident
473
-
527
-
total
5 778
-
6 433
-
Corporate
3 871
38 000
-
-
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.

3 484
34 200
-
-
total
3 484
34 200
-
-
Dividends
387
3 800
-
-
withholding
74
722
-
-
total
74
722
-
-
Income
38 000
38 000
38 000
38 000
Total tax
19 664
34 922
17 932
11 641
After tax
18 336
3 078
20 068
26 359
Living cost
18 023
18 023
18 023
18 023
Free-cash
313
-14 945
2 045
8 336

Estimated living cost  is ₽18023 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽999
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.
₽3439
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
-₽3939
-₽3939
-₽14004
-₽5497
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.

-
-
-
38 000
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.

-
-
-
2 100
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.

-
-
-
5 972
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.

-
-
-
116
total
-
-
-
8 188
Employee

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

43 497
-
38 000
-
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.

3 577
-
2 100
-
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.

5 972
-
5 972
-
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.

197
-
116
-
total
9 746
-
8 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 000
-
-
chamber of commerce
-
189
-
-
income
-
5 700
-
-
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.

-
314
-
-
trade
-
5 453
-
-
total
-
11 656
-
-
Dividends
-
26 344
-
-
withholding
-
6 254
-
-
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.

-
343
-
-
total
-
6 597
-
-
Income
38 000
38 000
38 000
38 000
Total tax
9 746
18 253
8 188
8 188
After tax
28 254
19 747
29 812
29 812
Living cost
33 751
33 751
33 751
33 751
Free-cash
-5 497
-14 004
-3 939
-3 939

Estimated living cost  is ₽33751 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
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.
₽6347
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
₽3617
₽11361
₽12213
₽5042
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.

-
-
-
38 000
microenterprise
-
-
-
5 700
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.

-
-
-
2 752
surtax
-
-
-
-
total
-
-
-
8 452
Employee
25 545
-
30 623
-
income
4 547
-
5 451
-
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.

2 810
-
3 368
-
surtax
-
-
-
-
total
7 357
-
8 819
-
Employer
25 545
-
30 623
-
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.

6 153
-
7 377
-
surtax
-
-
-
-
total
6 153
-
7 377
-
Corporate
6 302
38 000
-
-
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%.

1 261
7 600
-
-
total
1 261
7 600
-
-
Dividends

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

5 041
30 400
-
-
total
-
-
-
-
Income
38 000
38 000
38 000
38 000
Total tax
14 771
7 600
16 196
8 452
After tax
23 229
30 400
21 804
29 548
Living cost
18 187
18 187
18 187
18 187
Free-cash
5 042
12 213
3 617
11 361

Estimated living cost  is ₽18187 per week

₽11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4439
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
₽8404
₽7439
₽12358
₽10493
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
-
-
-
38 000
income
-
-
-
6 097
health
-
-
-
5 510
pensions
-
-
-
7 600
total
-
-
-
19 207
Employee
17 293
-
31 020
-
income
3 345
-
6 610
-
health
865
-
1 551
-
unemployment
173
-
310
-
pensions
1 556
-
2 792
-
total
5 939
-
11 263
-
Employer
17 293
-
31 020
-
unemployment
346
-
620
-
pensions
1 902
-
3 412
-
health
1 643
-
2 947
-
total
3 891
-
6 979
-
Corporate
16 816
38 000
-
-
income
3 700
8 360
-
-
total
3 700
8 360
-
-
Dividends
13 117
29 640
-
-
withholding
2 623
5 928
-
-
total
2 623
5 928
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 153
14 288
18 242
19 207
After tax
21 847
23 712
19 758
18 793
Living cost
11 354
11 354
11 354
11 354
Free-cash
10 493
12 358
8 404
7 439

Estimated living cost  is ₽11354 per week

₽6747
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.
₽3426
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
₽1274
₽2199
₽4266
₽1485
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
-
-
-
38 000
income
-
-
-
5 501
health
-
-
-
2 697
unemployment
-
-
-
199
surtax
-
-
-
168
pensions
-
-
-
7 600
other
-
-
-
-
total
-
-
-
16 165
Employee
29 440
-
31 392
-
other
-
-
-
-
income
4 935
-
5 262
-
health
752
-
801
-
unemployment
2 049
-
2 185
-
surtax
105
-
141
-
pensions
1 964
-
2 094
-
total
9 805
-
10 483
-
Employer
29 440
-
31 392
-
unemployment
934
-
995
-
pensions
3 925
-
4 184
-
other
-
-
-
-
health
1 339
-
1 428
-
total
6 198
-
6 607
-
Corporate
2 362
38 000
-
-
income
614
9 881
-
-
total
614
9 881
-
-
Dividends
1 748
28 119
-
-
withholding
262
4 217
-
-
total
262
4 217
-
-
Income
38 000
38 000
38 000
38 000
Total tax
16 879
14 098
17 090
16 165
After tax
21 121
23 902
20 910
21 835
Living cost
19 636
19 636
19 636
19 636
Free-cash
1 485
4 266
1 274
2 199

Estimated living cost  is ₽19636 per week

₽11855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5619
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
-₽13283
-₽6456
-₽9624
-₽12040
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
-
-
-
38 000
income
-
-
-
1 113
chamber of commerce
-
-
-
153
health
-