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
₽ 38500
per

Your estimated
City
free-cash

Valencia , Spain
-₽974
-₽525
-₽821
₽3777
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
-
-
-
38 500
unemployment
-
-
-
269
income
-
-
-
5 511
other
-
-
-
38
accident
-
-
-
347
pensions
-
-
-
10 896
total
-
-
-
17 061
Employee
29 932
-
29 194
-
unemployment
464
-
453
-
pensions
1 407
-
1 372
-
income
5 771
-
5 605
-
other
29
-
29
-
total
7 671
-
7 459
-
Employer
29 932
-
29 194
-
pensions
7 063
-
6 890
-
accident
593
-
578
-
unemployment
1 647
-
1 605
-
other
240
-
233
-
total
9 543
-
9 306
-
Corporate
-
38 500
-
-
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.

-
5 774
-
-
total
-
5 774
-
-
Dividends
-
32 726
-
-
withholding
-
6 689
-
-
total
-
6 689
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 214
12 463
16 765
17 061
After tax
21 286
26 037
21 735
21 439
Living cost
22 260
22 260
22 260
22 260
Free-cash
-974
3 777
-525
-821

Estimated living cost  is ₽22260 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽4705
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
₽1251
₽996
-₽722
₽6716
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
-
-
-
38 500
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.

-
-
-
9 240
income
-
-
-
4 890
other
-
-
-
1 828
health
-
-
-
1 694
total
-
-
-
17 652
Employee
29 392
-
30 750
-
health
412
-
430
-
unemployment
293
-
307
-
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.

2 057
-
2 154
-
income
5 060
-
5 294
-
total
7 822
-
8 185
-
Employer
29 392
-
30 750
-
health
412
-
430
-
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.

4 997
-
5 228
-
accident
235
-
246
-
unemployment
293
-
307
-
other
1 470
-
1 538
-
total
7 407
-
7 749
-
Corporate
1 700
38 500
-
-
income
356
8 085
-
-
total
356
8 085
-
-
Dividends
1 344
30 415
-
-
withholding
94
2 129
-
-
total
94
2 129
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 679
10 214
15 934
17 652
After tax
22 821
28 286
22 566
20 848
Living cost
21 570
21 570
21 570
21 570
Free-cash
1 251
6 716
996
-722

Estimated living cost  is ₽21570 per week

₽15240
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.
₽4526
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
₽18541
₽14944
₽14557
₽22302
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
-
-
-
38 500
pensions

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

-
-
-
4 186
unemployment
-
-
-
113
income
-
-
-
5 775
health
-
-
-
3 253
total
-
-
-
13 327
Employee
14 057
-
32 951
-
health
647
-
1 301
-
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.

1 234
-
2 483
-
income
1 405
-
3 295
-
total
3 441
-
7 390
-
Employer
14 057
-
32 951
-
health
970
-
1 952
-
pensions

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

1 549
-
3 117
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 758
-
5 550
-
Corporate
21 684
38 500
-
-
income
2 168
3 850
-
-
total
2 168
3 850
-
-
Dividends
19 516
34 650
-
-
withholding
976
1 732
-
-
total
976
1 732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 343
5 582
12 940
13 327
After tax
29 157
32 918
25 560
25 173
Living cost
10 616
10 616
10 616
10 616
Free-cash
18 541
22 302
14 944
14 557

Estimated living cost  is ₽10616 per week

₽6198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽758
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.
₽3379
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
-₽6966
-₽3915
-₽4444
-₽8291
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
-
-
-
38 500
income
-
-
-
1 324
other
-
-
-
1 194
health
-
-
-
333
social contributions
-
-
-
1 097
pensions
-
-
-
11 300
surtax
-
-
-
-
total
-
-
-
15 248
Employee
34 645
-
29 338
-
pensions
3 917
-
3 318
-
income
2 045
-
1 403
-
social contributions
988
-
836
-
surtax
-
-
-
-
total
6 950
-
5 557
-
Employer
34 645
-
29 338
-
health
2 426
-
2 054
-
social contributions
104
-
88
-
pensions
5 692
-
4 821
-
unemployment
1 403
-
1 187
-
other
1 195
-
1 012
-
total
10 820
-
9 162
-
Corporate
-
38 500
-
-
income
-
10 779
-
-
surtax
-
-
-
-
total
-
10 779
-
-
Dividends
-
27 721
-
-
social contributions
-
4 767
-
-
surtax
-
-
-
-
withholding
-
3 549
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 770
19 095
14 719
15 248
After tax
20 730
19 405
23 781
23 252
Living cost
27 696
27 696
27 696
27 696
Free-cash
-6 966
-8 291
-3 915
-4 444

Estimated living cost  is ₽27696 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽7510
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
-₽41884
-₽41884
-₽11821
-₽37340
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
-
-
-
38 500
pensions
-
-
-
6 930
income
-
-
-
3 569
health
-
-
-
5 911
total
-
-
-
16 410
Employee
69 128
69 128
69 128
-
health
10 610
9 025
10 610
-
pensions
12 443
9 484
12 443
-
income

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

11 315
11 315
11 315
-
total
34 368
29 824
34 368
-
Employer
69 128
69 128
69 128
-
health
4 805
4 805
4 805
-
pensions
4 811
4 811
4 811
-
unemployment
2 489
2 489
2 489
-
total
12 105
12 105
12 105
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
46 473
41 929
46 473
16 410
After tax
-7 973
-3 429
-7 973
22 090
Living cost
33 911
33 911
33 911
33 911
Free-cash
-41 884
-37 340
-41 884
-11 821

Estimated living cost  is ₽33911 per week

₽24032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
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.
₽6283
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
₽4024
₽5469
₽5332
-₽4929
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.

-
-
-
38 500
trade
-
-
-
137
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.

-
-
-
2 827
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.

-
-
-
5 530
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.

-
-
-
155
total
-
-
-
8 649
Employee

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

30 962
-
38 500
-
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.

5 530
-
5 530
-
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
-
2 827
-
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
-
155
-
total
6 443
-
8 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 538
38 500
-
-
income
1 131
5 774
-
-
trade
1 187
6 063
-
-
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.

61
318
-
-
chamber of commerce
134
178
-
-
total
2 513
12 333
-
-
Dividends
5 025
26 166
-
-
surtax

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

52
343
-
-
withholding
949
6 234
-
-
total
1 001
6 577
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 957
18 910
8 512
8 649
After tax
28 543
19 590
29 988
29 851
Living cost
24 519
24 519
24 519
24 519
Free-cash
4 024
-4 929
5 469
5 332

Estimated living cost  is ₽24519 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
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.
₽5779
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
₽5279
₽6135
₽12458
₽1454
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
-
-
-
38 500
income
-
-
-
312
health
-
-
-
982
social contributions
-
-
-
6 006
total
-
-
-
7 300
Employee
62 247
62 247
62 247
-
health
482
1 058
595
-
income
6 778
5 762
6 581
-
social contributions
2 353
5 166
2 900
-
total
9 613
11 986
10 076
-
Employer
62 247
62 247
62 247
-
health
524
1 152
647
-
social contributions
2 353
5 166
2 900
-
total
2 877
6 318
3 547
-
Corporate
7 267
-
-
-
income
908
-
-
-
total
908
-
-
-
Dividends
6 359
-
-
-
withholding
1 081
-
-
-
total
1 081
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 479
18 304
13 623
7 300
After tax
24 021
20 196
24 877
31 200
Living cost
18 742
18 742
18 742
18 742
Free-cash
5 279
1 454
6 135
12 458

Estimated living cost  is ₽18742 per week

₽11233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
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.
₽5257
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
-₽7572
-₽3764
-₽2908
-₽3493
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.

-
-
-
38 500
income
-
-
-
2 638
social contributions

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

-
-
-
13 379
surtax
-
-
-
-
total
-
-
-
16 017
Employee
37 231
-
31 111
-
income
7 744
-
6 061
-
social contributions
4 095
-
3 423
-
surtax
-
-
-
-
total
11 839
-
9 484
-
Employer
37 231
-
31 111
-
social contributions
8 842
-
7 389
-
total
8 842
-
7 389
-
Corporate
-
38 500
-
-
income
-
8 085
-
-
surtax
-
-
-
-
total
-
8 085
-
-
Dividends
-
30 415
-
-
withholding
-
8 517
-
-
total
-
8 517
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 681
16 602
16 873
16 017
After tax
17 819
21 898
21 627
22 483
Living cost
25 391
25 391
25 391
25 391
Free-cash
-7 572
-3 493
-3 764
-2 908

Estimated living cost  is ₽25391 per week

₽18998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
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.
₽4472
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
₽29398
₽24756
₽32071
₽30531
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%.

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
7 555
-
38 500
-
income
1 511
-
7 700
-
total
1 511
-
7 700
-
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%.

30 945
38 500
-
-
total
-
-
-
-
Dividends
30 945
38 500
-
-
withholding
1 547
1 925
-
-
total
1 547
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 058
1 925
7 700
385
After tax
35 442
36 575
30 800
38 115
Living cost
6 044
6 044
6 044
6 044
Free-cash
29 398
30 531
24 756
32 071

Estimated living cost  is ₽6044 per week

₽3746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
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.
₽1630
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
-₽2872
-₽1413
-₽194
₽4794
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.

-
-
-
38 500
pensions
-
-
-
7 031
unemployment
-
-
-
58
income
-
-
-
6 102
health
-
-
-
3 790
total
-
-
-
16 981
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.

35 796
-
33 312
-
health
2 312
-
2 152
-
unemployment
51
-
46
-
pensions
5 549
-
5 163
-
income
6 173
-
5 651
-
total
14 085
-
13 012
-
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.

35 796
-
33 312
-
health
2 384
-
2 220
-
pensions
3 168
-
2 948
-
unemployment
22
-
20
-
total
5 574
-
5 188
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 678
-
-
total
-
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 659
11 993
18 200
16 981
After tax
18 841
26 507
20 300
21 519
Living cost
21 713
21 713
21 713
21 713
Free-cash
-2 872
4 794
-1 413
-194

Estimated living cost  is ₽21713 per week

₽14901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽5000
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
-₽4772
-₽1446
-₽19050
-₽8114
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.

-
-
-
38 500
income
-
-
-
23 043
health

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

-
-
-
5 122
total
-
-
-
28 165
Employee
37 135
-
34 993
-
social contributions
3 721
-
3 507
-
income
4 029
-
3 547
-
total
7 750
-
7 054
-
Employer
37 135
-
34 993
-
social contributions
3 721
-
3 507
-
total
3 721
-
3 507
-
Corporate
-
38 500
-
-
income
-
13 475
-
-
total
-
13 475
-
-
Dividends
-
25 025
-
-
social contributions
2 416
3 754
-
-
total
2 416
3 754
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 887
17 229
10 561
28 165
After tax
24 613
21 271
27 939
10 335
Living cost
29 385
29 385
29 385
29 385
Free-cash
-4 772
-8 114
-1 446
-19 050

Estimated living cost  is ₽29385 per week

₽19356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2317
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.
₽7262
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
₽6743
₽6214
₽7560
₽6323
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
-
-
-
38 500
income
-
-
-
5 774
health
-
-
-
2 687
social contributions
-
-
-
5 314
total
-
-
-
13 775
Employee
27 447
-
38 500
-
health
1 916
-
2 687
-
income
4 578
-
7 120
-
social contributions
3 788
-
5 314
-
total
10 282
-
15 121
-
Employer
27 447
-
38 500
-
total
-
-
-
-
Corporate
11 053
38 500
-
-
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%.

553
1 925
-
-
total
553
1 925
-
-
Dividends
10 500
36 575
-
-
social contributions
1 449
5 048
-
-
withholding
1 575
5 486
-
-
health
733
2 553
-
-
total
3 757
13 087
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 592
15 012
15 121
13 775
After tax
23 908
23 488
23 379
24 725
Living cost
17 165
17 165
17 165
17 165
Free-cash
6 743
6 323
6 214
7 560

Estimated living cost  is ₽17165 per week

₽11488
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.
₽4223
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
-₽6116
-₽3105
-₽3890
₽3866
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
-
-
-
38 500
income
-
-
-
3 309
health
-
-
-
5 198
social contributions
-
-
-
11 242
solidarity contribution
-
-
-
-
total
-
-
-
19 749
Employee
33 295
-
28 731
-
health
4 495
-
3 879
-
solidarity contribution
-
-
-
-
income
3 995
-
3 448
-
social contributions
2 164
-
1 868
-
total
10 654
-
9 195
-
Employer
33 295
-
28 731
-
health
2 997
-
2 586
-
social contributions
8 324
-
7 183
-
total
11 321
-
9 769
-
Corporate
-
38 500
-
-
income
-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
4 678
-
-
total
-
4 678
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 975
11 993
18 964
19 749
After tax
16 525
26 507
19 536
18 751
Living cost
22 641
22 641
22 641
22 641
Free-cash
-6 116
3 866
-3 105
-3 890

Estimated living cost  is ₽22641 per week

₽16837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽4158
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
₽25390
₽21381
₽28696
₽27156
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%.

-
-
-
38 500
microenterprise

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

-
-
-
385
total
-
-
-
385
Employee
11 774
-
38 500
-
income
2 355
-
7 700
-
total
2 355
-
7 700
-
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%.

26 726
38 500
-
-
total
-
-
-
-
Dividends
26 726
38 500
-
-
withholding
1 336
1 925
-
-
total
1 336
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 691
1 925
7 700
385
After tax
34 809
36 575
30 800
38 115
Living cost
9 419
9 419
9 419
9 419
Free-cash
25 390
27 156
21 381
28 696

Estimated living cost  is ₽9419 per week

₽6374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽395
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.
₽2334
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
-₽28037
-₽15317
-₽15846
-₽19693
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
-
-
-
38 500
income
-
-
-
1 324
other
-
-
-
1 194
health
-
-
-
333
social contributions
-
-
-
1 097
pensions
-
-
-
11 300
surtax
-
-
-
-
total
-
-
-
15 248
Employee
50 700
-
29 338
-
pensions
5 735
-
3 318
-
income
4 424
-
1 403
-
social contributions
1 444
-
836
-
surtax
-
-
-
-
total
11 603
-
5 557
-
Employer
50 700
-
29 338
-
health
3 549
-
2 054
-
social contributions
152
-
88
-
pensions
8 331
-
4 821
-
unemployment
2 054
-
1 187
-
other
1 750
-
1 012
-
total
15 836
-
9 162
-
Corporate
-
38 500
-
-
income
-
10 779
-
-
surtax
-
-
-
-
total
-
10 779
-
-
Dividends
-
27 721
-
-
social contributions
-
4 767
-
-
surtax
-
-
-
-
withholding
-
3 549
-
-
total
-
8 316
-
-
Income
38 500
38 500
38 500
38 500
Total tax
27 439
19 095
14 719
15 248
After tax
11 061
19 405
23 781
23 252
Living cost
39 098
39 098
39 098
39 098
Free-cash
-28 037
-19 693
-15 317
-15 846

Estimated living cost  is ₽39098 per week

₽26461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
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.
₽8902
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
₽9899
₽6980
₽5324
₽13867
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.

-
-
-
38 500
pensions
-
-
-
10 010
unemployment
-
-
-
578
income
-
-
-
4 674
health
-
-
-
3 965
total
-
-
-
19 227
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.

21 035
-
32 655
-
health
1 083
-
1 682
-
unemployment
158
-
245
-
pensions
2 945
-
4 572
-
income
2 899
-
5 226
-
total
7 085
-
11 725
-
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.

21 035
-
32 655
-
health
1 083
-
1 682
-
pensions
2 524
-
3 919
-
unemployment
158
-
245
-
total
3 765
-
5 846
-
Corporate
13 700
38 500
-
-
income
2 055
5 775
-
-
total
2 055
5 775
-
-
Dividends
11 645
32 725
-
-
withholding
1 747
4 909
-
-
total
1 747
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 652
10 684
17 571
19 227
After tax
23 848
27 816
20 929
19 273
Living cost
13 949
13 949
13 949
13 949
Free-cash
9 899
13 867
6 980
5 324

Estimated living cost  is ₽13949 per week

₽9392
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.
₽404
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.
₽3075
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
-₽33734
-₽25668
-₽23625
-₽38750
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
-
-
-
38 500
pensions
-
-
-
3 542
city
-
-
-
405
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.

-
-
-
770
health
-
-
-
184
regional
-
-
-
769
national
-
-
-
100
total
-
-
-
5 770
Employee
65 950
-
34 417
-
health
149
-
78
-
unemployment
-
-
-
-
city
708
-
369
-
pensions
5 541
-
2 937
-
regional
2 160
-
648
-
national
312
-
77
-
total
8 870
-
4 109
-
Employer
65 950
-
34 417
-
health
149
-
78
-
pensions
5 541
-
2 937
-
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.

1 319
-
689
-
total
7 009
-
3 704
-
Corporate
-
38 500
-
-
regional
-
8 143
-
-
national
-
3 273
-
-
total
-
11 416
-
-
Dividends
-
27 084
-
-
withholding
-
9 479
-
-
total
-
9 479
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 879
20 895
7 813
5 770
After tax
22 621
17 605
30 687
32 730
Living cost
56 355
56 355
56 355
56 355
Free-cash
-33 734
-38 750
-25 668
-23 625

Estimated living cost  is ₽56355 per week

₽36647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
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.
₽13959
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
-₽12126
-₽6992
-₽391
-₽4436
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

-
-
-
38 500
municipal
-
-
-
6 884
health
-
-
-
255
national
-
-
-
673
total
-
-
-
7 812
Employee
42 589
-
32 389
-
health
318
-
161
-
unemployment
639
-
485
-
pensions
2 874
-
2 186
-
national
704
-
151
-
municipal
6 976
-
5 320
-
total
11 511
-
8 303
-
Employer
42 589
-
32 389
-
health
327
-
249
-
pensions
7 389
-
5 619
-
accident
43
-
32
-
unemployment
277
-
210
-
total
8 036
-
6 110
-
Corporate
-
38 500
-
-
income
-
7 699
-
-
total
-
7 699
-
-
Dividends

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

-
23 101
-
-
municipal
-
4 158
-
-
national
-
-
-
-
total
-
4 158
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 547
11 857
14 413
7 812
After tax
18 953
26 643
24 087
30 688
Living cost
31 079
31 079
31 079
31 079
Free-cash
-12 126
-4 436
-6 992
-391

Estimated living cost  is ₽31079 per week

₽20301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7295
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
-₽36261
-₽12465
-₽7678
-₽7767
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
-
-
-
38 500
communal

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

-
-
-
2 088
social contributions
-
-
-
3 713
national
-
-
-
10 862
total
-
-
-
16 663
Employee

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

57 904
-
29 819
-
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.

2 721
-
1 401
-
communal

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

3 020
-
1 555
-
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
-
260
-
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.

4 343
-
2 237
-
national
17 802
-
7 316
-
total
28 390
-
12 769
-
Employer

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

57 904
-
29 819
-
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.

3 561
-
1 834
-
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.

5 131
-
2 642
-
surtax
6 566
-
3 383
-
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.

753
-
387
-
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
-
435
-
total
16 856
-
8 681
-
Corporate
-
38 500
-
-
income
-
7 699
-
-
surtax
-
154
-
-
total
-
7 853
-
-
Dividends
-
30 647
-
-
withholding

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

-
8 899
-
-
total
-
8 899
-
-
Income
38 500
38 500
38 500
38 500
Total tax
45 246
16 752
21 450
16 663
After tax
-6 746
21 748
17 050
21 837
Living cost
29 515
29 515
29 515
29 515
Free-cash
-36 261
-7 767
-12 465
-7 678

Estimated living cost  is ₽29515 per week

₽19012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
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.
₽7461
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
-₽26895
-₽14363
-₽15730
-₽13901
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
-
-
-
38 500
unemployment
-
-
-
38
municipal
-
-
-
8 155
other
-
-
-
4 474
health
-
-
-
2 402
national
-
-
-
-
accident
-
-
-
77
pensions
-
-
-
4 162
total
-
-
-
19 308
Employee
49 760
-
29 295
-
national
-
-
-
-
municipal
14 838
-
8 736
-
total
14 838
-
8 736
-
Employer
49 760
-
29 295
-
health
3 060
-
1 802
-
pensions
5 379
-
3 167
-
accident
100
-
59
-
unemployment
1 314
-
773
-
other
5 782
-
3 404
-
total
15 635
-
9 205
-
Corporate
-
38 500
-
-
income
-
8 470
-
-
total
-
8 470
-
-
Dividends
-
30 030
-
-
withholding
-
9 009
-
-
total
-
9 009
-
-
Income
38 500
38 500
38 500
38 500
Total tax
30 473
17 479
17 941
19 308
After tax
8 027
21 021
20 559
19 192
Living cost
34 922
34 922
34 922
34 922
Free-cash
-26 895
-13 901
-14 363
-15 730

Estimated living cost  is ₽34922 per week

₽23145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
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.
₽7820
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
-₽94331
-₽11659
-₽11832
-₽15016
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
-
-
-
38 500
income
-
-
-
7 504
social contributions
-
-
-
4 389
total
-
-
-
11 893
Employee
55 117
-
-
-
income
12 158
-
-
-
social contributions
4 520
-
644
-
total
16 678
-
644
-
Employer
55 117
-
-
-
social contributions
77 714
-
11 076
-
total
77 714
-
11 076
-
Corporate
-
38 500
-
-
income
-
8 470
-
-
total
-
8 470
-
-
Dividends
-
30 030
-
-
income
-
6 607
-
-
total
-
6 607
-
-
Income
38 500
38 500
38 500
38 500
Total tax
94 392
15 077
11 720
11 893
After tax
-55 892
23 423
26 780
26 607
Living cost
38 439
38 439
38 439
38 439
Free-cash
-94 331
-15 016
-11 659
-11 832

Estimated living cost  is ₽38439 per week

₽24941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9393
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
-₽1635
-₽1379
₽4944
-₽6060
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
-
-
-
38 500
income
-
-
-
312
health
-
-
-
982
social contributions
-
-
-
6 006
total
-
-
-
7 300
Employee
62 247
62 247
62 247
-
health
619
1 058
595
-
income
6 536
5 762
6 581
-
social contributions
3 025
5 166
2 900
-
total
10 180
11 986
10 076
-
Employer
62 247
62 247
62 247
-
health
674
1 152
647
-
social contributions
3 025
5 166
2 900
-
total
3 699
6 318
3 547
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
13 879
18 304
13 623
7 300
After tax
24 621
20 196
24 877
31 200
Living cost
26 256
26 256
26 256
26 256
Free-cash
-1 635
-6 060
-1 379
4 944

Estimated living cost  is ₽26256 per week

₽17949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
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.
₽5816
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
-₽5988
-₽3560
₽132
-₽91
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
-
-
-
38 500
income
-
-
-
7 268
pensions
-
-
-
2 163
total
-
-
-
9 431
Employee
39 720
-
34 545
-
health
518
-
412
-
pensions
3 032
-
2 411
-
income
7 233
-
6 345
-
total
10 783
-
9 168
-
Employer
39 720
-
34 545
-
health
755
-
657
-
pensions
4 013
-
3 298
-
total
4 768
-
3 955
-
Corporate
-
38 500
-
-
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.

-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
2 338
-
-
total
-
2 338
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 551
9 654
13 123
9 431
After tax
22 949
28 846
25 377
29 069
Living cost
28 937
28 937
28 937
28 937
Free-cash
-5 988
-91
-3 560
132

Estimated living cost  is ₽28937 per week

₽19850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
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.
₽6061
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
-₽29714
-₽13395
-₽11259
-₽11970
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
-
-
-
38 500
municipal
-
-
-
258
regional
-
-
-
551
social contributions
-
-
-
9 902
national
-
-
-
6 799
total
-
-
-
17 510
Employee
68 213
-
38 500
-
social contributions
23 001
-
12 982
-
regional
1 030
-
466
-
national
11 527
-
5 968
-
municipal
407
-
230
-
total
35 965
-
19 646
-
Employer
68 213
-
38 500
-
total
-
-
-
-
Corporate
-
38 500
-
-
nationa
-
9 240
-
-
municipal
-
1 856
-
-
total
-
11 096
-
-
Dividends
-
27 404
-
-
withholding
-
7 125
-
-
total
-
7 125
-
-
Income
38 500
38 500
38 500
38 500
Total tax
35 965
18 221
19 646
17 510
After tax
2 535
20 279
18 854
20 990
Living cost
32 249
32 249
32 249
32 249
Free-cash
-29 714
-11 970
-13 395
-11 259

Estimated living cost  is ₽32249 per week

₽22652
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.
₽6890
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
₽489
₽3189
₽9533
-₽14023
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
-
-
-
38 500
pensions
-
-
-
3 242
income
-
-
-
6 398
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
11 825
Employee
26 966
-
31 982
-
health
3 088
-
3 662
-
pensions
3 036
-
3 601
-
income
3 699
-
4 388
-
total
9 823
-
11 651
-
Employer
26 966
-
31 982
-
pensions
4 385
-
5 200
-
accident
450
-
534
-
unemployment
661
-
784
-
total
5 496
-
6 518
-
Corporate
6 038
38 500
-
-
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.

5 435
34 650
-
-
total
5 435
34 650
-
-
Dividends
604
3 850
-
-
withholding
115
731
-
-
total
115
731
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 869
35 381
18 169
11 825
After tax
17 631
3 119
20 331
26 675
Living cost
17 142
17 142
17 142
17 142
Free-cash
489
-14 023
3 189
9 533

Estimated living cost  is ₽17142 per week

₽12564
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.
₽3271
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
-₽1778
-₽1265
-₽1389
-₽11268
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.

-
-
-
38 500
trade
-
-
-
124
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.

-
-
-
2 827
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.

-
-
-
5 530
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.

-
-
-
155
total
-
-
-
8 636
Employee

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

40 278
-
38 500
-
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.

5 530
-
5 530
-
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.

3 312
-
2 827
-
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
-
155
-
total
9 025
-
8 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
income
-
5 774
-
-
trade
-
5 524
-
-
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.

-
318
-
-
chamber of commerce
-
180
-
-
total
-
11 796
-
-
Dividends
-
26 704
-
-
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.

-
350
-
-
withholding
-
6 369
-
-
total
-
6 719
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 025
18 515
8 512
8 636
After tax
29 475
19 985
29 988
29 864
Living cost
31 253
31 253
31 253
31 253
Free-cash
-1 778
-11 268
-1 265
-1 389

Estimated living cost  is ₽31253 per week

₽21559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5877
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
₽7318
₽5249
₽13336
₽13960
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.

-
-
-
38 500
income
-
-
-
-
microenterprise
-
-
-
5 774
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.

-
-
-
2 549
surtax
-
-
-
-
total
-
-
-
8 323
Employee
23 654
-
31 025
-
income
4 211
-
5 523
-
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.

2 602
-
3 413
-
surtax
-
-
-
-
total
6 813
-
8 936
-
Employer
23 654
-
31 025
-
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.

5 698
-
7 474
-
surtax
-
-
-
-
total
5 698
-
7 474
-
Corporate
9 148
38 500
-
-
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%.

1 830
7 699
-
-
total
1 830
7 699
-
-
Dividends

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

7 319
30 801
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 341
7 699
16 410
8 323
After tax
24 159
30 801
22 090
30 177
Living cost
16 841
16 841
16 841
16 841
Free-cash
7 318
13 960
5 249
13 336

Estimated living cost  is ₽16841 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4111
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
₽12454
₽9718
₽9251
₽14086
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
-
-
-
38 500
income
-
-
-
6 807
health
-
-
-
5 255
pensions
-
-
-
7 249
total
-
-
-
19 311
Employee
15 136
-
31 429
-
health
757
-
1 571
-
unemployment
151
-
314
-
pensions
1 362
-
2 829
-
income
2 928
-
7 058
-
total
5 198
-
11 772
-
Employer
15 136
-
31 429
-
health
1 438
-
2 986
-
pensions
1 665
-
3 457
-
unemployment
303
-
629
-
total
3 406
-
7 072
-
Corporate
19 958
38 500
-
-
income
4 391
8 470
-
-
total
4 391
8 470
-
-
Dividends
15 567
30 030
-
-
withholding
3 113
6 006
-
-
total
3 113
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 108
14 476
18 844
19 311
After tax
22 392
24 024
19 656
19 189
Living cost
9 938
9 938
9 938
9 938
Free-cash
12 454
14 086
9 718
9 251

Estimated living cost  is ₽9938 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
₽3459
₽2964
₽3918
₽6034
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
-
-
-
38 500
pensions
-
-
-
7 699
unemployment
-
-
-
184
income
-
-
-
5 576
other
-
-
-
-
health
-
-
-
2 734
surtax
-
-
-
207
total
-
-
-
16 400
Employee
27 261
-
31 805
-
health
696
-
811
-
unemployment
1 897
-
2 214
-
pensions
1 819
-
2 121
-
income
4 570
-
5 332
-
other
-
-
-
-
surtax
97
-
181
-
total
9 079
-
10 659
-
Employer
27 261
-
31 805
-
health
1 240
-
1 447
-
pensions
3 635
-
4 240
-
unemployment
865
-
1 008
-
other
-
-
-
-
total
5 740
-
6 695
-
Corporate
5 500
38 500
-
-
income
1 430
10 010
-
-
total
1 430
10 010
-
-
Dividends
4 070
28 490
-
-
withholding
610
4 274
-
-
total
610
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 859
14 284
17 354
16 400
After tax
21 641
24 216
21 146
22 100
Living cost
18 182
18 182
18 182
18 182
Free-cash
3 459
6 034
2 964
3 918

Estimated living cost  is ₽18182 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
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.
₽5203
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
-₽7835
-₽10625
-₽4155
-₽5602
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
-
-
-
38 500
pensions
-
-
-
7 123
chamber of commerce
-
-
-
154
unemployment
-
-