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
-₽2256
-₽2544
₽1992
-₽4165
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
-
-
-
5 435
accident
-
-
-
347
unemployment
-
-
-
269
pensions
-
-
-
10 895
other
-
-
-
38
total
-
-
-
16 984
Employee
32 352
-
29 185
-
other
32
-
30
-
income
6 237
-
5 525
-
unemployment
501
-
453
-
pensions
1 521
-
1 373
-
total
8 291
-
7 381
-
Employer
32 352
-
29 185
-
unemployment
1 780
-
1 607
-
pensions
7 634
-
6 896
-
other
259
-
234
-
accident
641
-
578
-
total
10 314
-
9 315
-
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.

-
5 775
-
-
total
-
5 775
-
-
Dividends
-
32 725
-
-
withholding
-
6 673
-
-
total
-
6 673
-
-
Income
38 500
38 500
38 500
38 500
Total tax
18 605
12 448
16 696
16 984
After tax
19 895
26 052
21 804
21 516
Living cost
24 060
24 060
24 060
24 060
Free-cash
-4 165
1 992
-2 256
-2 544

Estimated living cost  is ₽24060 per week

₽16240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2313
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.
₽5086
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
-₽747
-₽2466
₽4973
-₽1274
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
-
-
-
4 890
health
-
-
-
1 694
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
other
-
-
-
1 828
total
-
-
-
17 652
Employee
31 768
-
30 751
-
income
5 469
-
5 293
-
health
445
-
430
-
unemployment
317
-
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.

2 223
-
2 153
-
total
8 454
-
8 183
-
Employer
31 768
-
30 751
-
unemployment
317
-
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.

5 401
-
5 229
-
other
1 589
-
1 538
-
accident
254
-
246
-
health
445
-
430
-
total
8 006
-
7 750
-
Corporate
-
38 500
-
-
income
-
8 084
-
-
total
-
8 084
-
-
Dividends
-
30 416
-
-
withholding
-
2 129
-
-
total
-
2 129
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 460
10 213
15 933
17 652
After tax
22 040
28 287
22 567
20 848
Living cost
23 314
23 314
23 314
23 314
Free-cash
-1 274
4 973
-747
-2 466

Estimated living cost  is ₽23314 per week

₽16473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
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.
₽4891
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
₽13334
₽13074
₽21434
₽17368
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
-
-
-
5 775
health
-
-
-
3 518
unemployment
-
-
-
122
pensions

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

-
-
-
4 528
total
-
-
-
13 943
Employee
15 205
-
32 498
-
income
1 520
-
3 250
-
health
699
-
1 407
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
pensions

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

1 335
-
2 686
-
total
3 721
-
7 680
-
Employer
15 205
-
32 498
-
unemployment
91
-
184
-
pensions

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

1 676
-
3 371
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
health
1 049
-
2 111
-
total
2 983
-
6 003
-
Corporate
20 312
38 500
-
-
income
2 031
3 850
-
-
total
2 031
3 850
-
-
Dividends
18 281
34 650
-
-
withholding
914
1 733
-
-
total
914
1 733
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 649
5 583
13 683
13 943
After tax
28 851
32 917
24 817
24 557
Living cost
11 483
11 483
11 483
11 483
Free-cash
17 368
21 434
13 334
13 074

Estimated living cost  is ₽11483 per week

₽6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽3655
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
-₽5986
-₽6600
-₽10531
-₽10642
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
-
-
-
1 137
social contributions
-
-
-
1 098
health
-
-
-
334
surtax
-
-
-
-
pensions
-
-
-
11 402
other
-
-
-
1 194
total
-
-
-
15 165
Employee
37 446
-
29 335
-
income
2 210
-
1 229
-
social contributions
1 068
-
837
-
surtax
-
-
-
-
pensions
4 234
-
3 319
-
total
7 512
-
5 385
-
Employer
37 446
-
29 335
-
unemployment
1 516
-
1 189
-
social contributions
113
-
88
-
pensions
6 152
-
4 822
-
other
1 292
-
1 013
-
health
2 622
-
2 054
-
total
11 695
-
9 166
-
Corporate
-
38 500
-
-
income
-
10 781
-
-
surtax
-
-
-
-
total
-
10 781
-
-
Dividends
-
27 719
-
-
withholding
-
3 548
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
19 207
19 096
14 551
15 165
After tax
19 293
19 404
23 949
23 335
Living cost
29 935
29 935
29 935
29 935
Free-cash
-10 642
-10 531
-5 986
-6 600

Estimated living cost  is ₽29935 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
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
-₽48384
-₽14527
-₽43473
-₽48384
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
-
-
-
3 533
health
-
-
-
5 911
pensions
-
-
-
6 930
total
-
-
-
16 374
Employee
74 717
74 717
74 717
-
income

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

12 230
12 230
12 230
-
health
11 468
9 755
11 468
-
pensions
13 449
10 251
13 449
-
total
37 147
32 236
37 147
-
Employer
74 717
74 717
74 717
-
unemployment
2 690
2 690
2 690
-
pensions
5 200
5 200
5 200
-
health
5 194
5 194
5 194
-
total
13 084
13 084
13 084
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
50 231
45 320
50 231
16 374
After tax
-11 731
-6 820
-11 731
22 126
Living cost
36 653
36 653
36 653
36 653
Free-cash
-48 384
-43 473
-48 384
-14 527

Estimated living cost  is ₽36653 per week

₽25975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
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
₽3674
₽3674
-₽6893
₽2786
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
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.

-
-
-
2 225
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.

-
-
-
5 977
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.

-
-
-
123
total
-
-
-
8 325
Employee

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

33 465
-
38 500
-
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.

935
-
2 225
-
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.

5 977
-
5 977
-
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
-
123
-
total
6 963
-
8 325
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 035
38 500
-
-
chamber of commerce
139
188
-
-
income
755
5 775
-
-
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.

42
317
-
-
trade
794
6 064
-
-
total
1 730
12 344
-
-
Dividends
3 305
26 157
-
-
withholding
493
6 206
-
-
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.

27
342
-
-
total
520
6 548
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 213
18 892
8 325
8 325
After tax
29 287
19 608
30 175
30 175
Living cost
26 501
26 501
26 501
26 501
Free-cash
2 786
-6 893
3 674
3 674

Estimated living cost  is ₽26501 per week

₽16670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
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.
₽6246
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
₽4003
₽11256
-₽1542
₽3443
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
-
-
-
-
social contributions
-
-
-
6 006
health
-
-
-
981
total
-
-
-
6 987
Employee
67 279
67 279
67 279
-
income
7 326
6 228
7 198
-
social contributions
2 544
5 584
2 901
-
health
521
1 144
594
-
total
10 391
12 956
10 693
-
Employer
67 279
67 279
67 279
-
social contributions
2 544
5 584
2 901
-
health
566
1 245
646
-
total
3 110
6 829
3 547
-
Corporate
4 742
-
-
-
income
593
-
-
-
total
593
-
-
-
Dividends
4 149
-
-
-
withholding
706
-
-
-
total
706
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 800
19 785
14 240
6 987
After tax
23 700
18 715
24 260
31 513
Living cost
20 257
20 257
20 257
20 257
Free-cash
3 443
-1 542
4 003
11 256

Estimated living cost  is ₽20257 per week

₽12141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
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.
₽5682
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
-₽5668
-₽4887
-₽5544
-₽11298
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
-
-
-
2 564
social contributions

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

-
-
-
13 379
surtax
-
-
-
-
total
-
-
-
15 943
Employee
40 241
-
31 111
-
income
8 370
-
5 913
-
social contributions
4 427
-
3 422
-
surtax
-
-
-
-
total
12 797
-
9 335
-
Employer
40 241
-
31 111
-
social contributions
9 557
-
7 389
-
total
9 557
-
7 389
-
Corporate
-
38 500
-
-
income
-
8 084
-
-
surtax
-
-
-
-
total
-
8 084
-
-
Dividends
-
30 416
-
-
withholding
-
8 516
-
-
total
-
8 516
-
-
Income
38 500
38 500
38 500
38 500
Total tax
22 354
16 600
16 724
15 943
After tax
16 146
21 900
21 776
22 557
Living cost
27 444
27 444
27 444
27 444
Free-cash
-11 298
-5 544
-5 668
-4 887

Estimated living cost  is ₽27444 per week

₽20534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
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.
₽4833
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
₽24513
₽31828
₽30288
₽29110
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
7 858
-
38 500
-
income
1 571
-
7 700
-
total
1 571
-
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%.

30 642
38 500
-
-
total
-
-
-
-
Dividends
30 642
38 500
-
-
withholding
1 532
1 925
-
-
total
1 532
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 103
1 925
7 700
385
After tax
35 397
36 575
30 800
38 115
Living cost
6 287
6 287
6 287
6 287
Free-cash
29 110
30 288
24 513
31 828

Estimated living cost  is ₽6287 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
-₽3058
-₽1840
₽3039
-₽6215
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
income
-
-
-
5 993
health
-
-
-
3 789
unemployment
-
-
-
58
pensions
-
-
-
7 032
total
-
-
-
16 872
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.

38 690
-
33 313
-
income
6 672
-
5 541
-
health
2 499
-
2 152
-
unemployment
55
-
46
-
pensions
5 997
-
5 164
-
total
15 223
-
12 903
-
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.

38 690
-
33 313
-
unemployment
23
-
20
-
pensions
3 424
-
2 949
-
health
2 577
-
2 218
-
total
6 024
-
5 187
-
Corporate
-
38 500
-
-
income
-
7 316
-
-
total
-
7 316
-
-
Dividends
-
31 184
-
-
withholding
-
4 677
-
-
total
-
4 677
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 247
11 993
18 090
16 872
After tax
17 253
26 507
20 410
21 628
Living cost
23 468
23 468
23 468
23 468
Free-cash
-6 215
3 039
-3 058
-1 840

Estimated living cost  is ₽23468 per week

₽16106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
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.
₽5404
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
-₽3473
-₽23877
-₽10491
-₽8270
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
-
-
-
24 906
health

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

-
-
-
5 710
total
-
-
-
30 616
Employee
40 137
-
34 993
-
social contributions
4 021
-
3 507
-
income
4 355
-
3 198
-
total
8 376
-
6 705
-
Employer
40 137
-
34 993
-
social contributions
4 021
-
3 507
-
total
4 021
-
3 507
-
Corporate
-
38 500
-
-
income
-
13 476
-
-
total
-
13 476
-
-
Dividends
-
25 024
-
-
social contributions
2 612
3 754
-
-
total
2 612
3 754
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 009
17 230
10 212
30 616
After tax
23 491
21 270
28 288
7 884
Living cost
31 761
31 761
31 761
31 761
Free-cash
-8 270
-10 491
-3 473
-23 877

Estimated living cost  is ₽31761 per week

₽20921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
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.
₽7849
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
₽4968
₽6173
₽4935
₽4836
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
-
-
-
5 775
social contributions
-
-
-
5 313
health
-
-
-
2 686
total
-
-
-
13 774
Employee
29 666
-
38 500
-
income
4 948
-
6 980
-
social contributions
4 094
-
5 313
-
health
2 070
-
2 686
-
total
11 112
-
14 979
-
Employer
29 666
-
38 500
-
total
-
-
-
-
Corporate
8 834
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%.

442
1 924
-
-
total
442
1 924
-
-
Dividends
8 393
36 576
-
-
withholding
1 259
5 486
-
-
health
772
2 554
-
-
social contributions
1 526
5 048
-
-
total
3 557
13 088
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 111
15 012
14 979
13 774
After tax
23 389
23 488
23 521
24 726
Living cost
18 553
18 553
18 553
18 553
Free-cash
4 836
4 935
4 968
6 173

Estimated living cost  is ₽18553 per week

₽12416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4564
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
-₽4193
-₽4977
₽2778
-₽8260
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
social contributions
-
-
-
11 242
solidarity contribution
-
-
-
-
health
-
-
-
5 197
total
-
-
-
19 748
Employee
34 896
-
28 731
-
solidarity contribution
-
-
-
-
income
4 187
-
3 448
-
social contributions
2 268
-
1 868
-
health
4 711
-
3 879
-
total
11 166
-
9 195
-
Employer
34 896
-
28 731
-
social contributions
8 724
-
7 183
-
health
3 141
-
2 586
-
total
11 865
-
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
23 031
11 993
18 964
19 748
After tax
15 469
26 507
19 536
18 752
Living cost
23 729
23 729
23 729
23 729
Free-cash
-8 260
2 778
-4 193
-4 977

Estimated living cost  is ₽23729 per week

₽17646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽4358
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
₽21003
₽28318
₽26778
₽24941
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
12 247
-
38 500
-
income
2 449
-
7 700
-
total
2 449
-
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%.

26 253
38 500
-
-
total
-
-
-
-
Dividends
26 253
38 500
-
-
withholding
1 313
1 925
-
-
total
1 313
1 925
-
-
Income
38 500
38 500
38 500
38 500
Total tax
3 762
1 925
7 700
385
After tax
34 738
36 575
30 800
38 115
Living cost
9 797
9 797
9 797
9 797
Free-cash
24 941
26 778
21 003
28 318

Estimated living cost  is ₽9797 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
-₽18310
-₽18924
-₽22855
-₽33413
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
-
-
-
1 137
social contributions
-
-
-
1 098
health
-
-
-
334
surtax
-
-
-
-
pensions
-
-
-
11 402
other
-
-
-
1 194
total
-
-
-
15 165
Employee
54 799
-
29 335
-
income
4 781
-
1 229
-
social contributions
1 561
-
837
-
surtax
-
-
-
-
pensions
6 198
-
3 319
-
total
12 540
-
5 385
-
Employer
54 799
-
29 335
-
unemployment
2 220
-
1 189
-
social contributions
164
-
88
-
pensions
9 004
-
4 822
-
other
1 891
-
1 013
-
health
3 835
-
2 054
-
total
17 114
-
9 166
-
Corporate
-
38 500
-
-
income
-
10 781
-
-
surtax
-
-
-
-
total
-
10 781
-
-
Dividends
-
27 719
-
-
withholding
-
3 548
-
-
surtax
-
-
-
-
social contributions
-
4 767
-
-
total
-
8 315
-
-
Income
38 500
38 500
38 500
38 500
Total tax
29 654
19 096
14 551
15 165
After tax
8 846
19 404
23 949
23 335
Living cost
42 259
42 259
42 259
42 259
Free-cash
-33 413
-22 855
-18 310
-18 924

Estimated living cost  is ₽42259 per week

₽28600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
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.
₽9622
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
₽5947
₽4291
₽12727
₽8434
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
income
-
-
-
4 567
health
-
-
-
3 965
unemployment
-
-
-
578
pensions
-
-
-
10 010
total
-
-
-
19 120
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.

22 754
-
32 655
-
income
3 136
-
5 119
-
health
1 172
-
1 682
-
unemployment
171
-
245
-
pensions
3 186
-
4 572
-
total
7 665
-
11 618
-
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.

22 754
-
32 655
-
unemployment
171
-
245
-
pensions
2 730
-
3 919
-
health
1 172
-
1 682
-
total
4 073
-
5 846
-
Corporate
11 673
38 500
-
-
income
1 751
5 775
-
-
total
1 751
5 775
-
-
Dividends
9 922
32 725
-
-
withholding
1 488
4 909
-
-
total
1 488
4 909
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 977
10 684
17 464
19 120
After tax
23 523
27 816
21 036
19 380
Living cost
15 089
15 089
15 089
15 089
Free-cash
8 434
12 727
5 947
4 291

Estimated living cost  is ₽15089 per week

₽10160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3326
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
-₽30499
-₽28286
-₽43460
-₽39771
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
regional
-
-
-
718
national
-
-
-
86
health
-
-
-
199
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
pensions
-
-
-
3 543
total
-
-
-
5 721
Employee
71 462
-
34 322
-
regional
2 340
-
591
-
city
767
-
367
-
health
162
-
77
-
unemployment
-
-
-
-
national
338
-
63
-
pensions
6 004
-
3 036
-
total
9 611
-
4 134
-
Employer
71 462
-
34 322
-
unemployment
-
-
-
-
pensions
6 004
-
3 036
-
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.

1 429
-
687
-
health
162
-
77
-
total
7 595
-
3 800
-
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
17 206
20 895
7 934
5 721
After tax
21 294
17 605
30 566
32 779
Living cost
61 065
61 065
61 065
61 065
Free-cash
-39 771
-43 460
-30 499
-28 286

Estimated living cost  is ₽61065 per week

₽39710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5480
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.
₽15125
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
-₽9356
-₽2750
-₽6950
-₽16218
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
-
-
-
6 889
national
-
-
-
543
health
-
-
-
227
total
-
-
-
7 659
Employee
46 033
-
32 388
-
health
344
-
133
-
unemployment
691
-
486
-
national
760
-
22
-
municipal
7 540
-
5 325
-
pensions
3 107
-
2 187
-
total
12 442
-
8 153
-
Employer
46 033
-
32 388
-
unemployment
299
-
211
-
pensions
7 986
-
5 619
-
accident
46
-
33
-
health
354
-
249
-
total
8 685
-
6 112
-
Corporate
-
38 500
-
-
income
-
7 701
-
-
total
-
7 701
-
-
Dividends

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

-
23 099
-
-
national
-
-
-
-
municipal
-
4 158
-
-
total
-
4 158
-
-
Income
38 500
38 500
38 500
38 500
Total tax
21 127
11 859
14 265
7 659
After tax
17 373
26 641
24 235
30 841
Living cost
33 591
33 591
33 591
33 591
Free-cash
-16 218
-6 950
-9 356
-2 750

Estimated living cost  is ₽33591 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
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
-₽14606
-₽9627
-₽10132
-₽42305
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
national
-
-
-
10 755
social contributions
-
-
-
3 361
communal

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

-
-
-
2 109
total
-
-
-
16 225
Employee

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

62 585
-
29 820
-
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.

2 941
-
1 403
-
communal

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

3 264
-
1 556
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

545
-
259
-
national
19 241
-
7 069
-
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.

4 694
-
2 237
-
total
30 685
-
12 524
-
Employer

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

62 585
-
29 820
-
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.

913
-
435
-
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.

5 546
-
2 642
-
surtax
7 096
-
3 381
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

814
-
389
-
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.

3 849
-
1 833
-
total
18 218
-
8 680
-
Corporate
-
38 500
-
-
income
-
7 701
-
-
surtax
-
154
-
-
total
-
7 855
-
-
Dividends
-
30 645
-
-
withholding

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

-
8 875
-
-
total
-
8 875
-
-
Income
38 500
38 500
38 500
38 500
Total tax
48 903
16 730
21 204
16 225
After tax
-10 403
21 770
17 296
22 275
Living cost
31 902
31 902
31 902
31 902
Free-cash
-42 305
-10 132
-14 606
-9 627

Estimated living cost  is ₽31902 per week

₽20549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8064
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
-₽15313
-₽16681
-₽14851
-₽28673
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
-
-
-
8 155
national
-
-
-
-
health
-
-
-
2 402
accident
-
-
-
77
unemployment
-
-
-
39
pensions
-
-
-
4 162
other
-
-
-
4 474
total
-
-
-
19 309
Employee
51 114
-
29 295
-
national
-
-
-
-
municipal
15 242
-
8 736
-
total
15 242
-
8 736
-
Employer
51 114
-
29 295
-
unemployment
1 349
-
773
-
pensions
5 525
-
3 167
-
other
5 940
-
3 404
-
accident
102
-
59
-
health
3 143
-
1 802
-
total
16 059
-
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
31 301
17 479
17 941
19 309
After tax
7 199
21 021
20 559
19 191
Living cost
35 872
35 872
35 872
35 872
Free-cash
-28 673
-14 851
-15 313
-16 681

Estimated living cost  is ₽35872 per week

₽23774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽12590
-₽12546
-₽15730
-₽96798
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
56 140
-
122
-
income
12 383
-
-
-
social contributions
4 604
-
656
-
total
16 987
-
656
-
Employer
56 140
-
122
-
social contributions
79 158
-
11 281
-
total
79 158
-
11 281
-
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
96 145
15 077
11 937
11 893
After tax
-57 645
23 423
26 563
26 607
Living cost
39 153
39 153
39 153
39 153
Free-cash
-96 798
-15 730
-12 590
-12 546

Estimated living cost  is ₽39153 per week

₽25404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3682
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.
₽9568
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
-₽4119
₽3134
-₽9664
-₽4880
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
-
-
-
-
social contributions
-
-
-
6 006
health
-
-
-
981
total
-
-
-
6 987
Employee
67 279
67 279
67 279
-
income
7 065
6 228
7 198
-
social contributions
3 269
5 584
2 901
-
health
669
1 144
594
-
total
11 003
12 956
10 693
-
Employer
67 279
67 279
67 279
-
social contributions
3 269
5 584
2 901
-
health
729
1 245
646
-
total
3 998
6 829
3 547
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
15 001
19 785
14 240
6 987
After tax
23 499
18 715
24 260
31 513
Living cost
28 379
28 379
28 379
28 379
Free-cash
-4 880
-9 664
-4 119
3 134

Estimated living cost  is ₽28379 per week

₽19400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6286
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
-₽6092
-₽2543
-₽2864
-₽10251
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
-
-
-
7 293
pensions
-
-
-
2 040
total
-
-
-
9 333
Employee
43 526
-
34 668
-
income
7 926
-
6 405
-
health
568
-
385
-
pensions
3 322
-
2 260
-
total
11 816
-
9 050
-
Employer
43 526
-
34 668
-
pensions
4 398
-
3 174
-
health
827
-
658
-
total
5 225
-
3 832
-
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.

-
7 315
-
-
total
-
7 315
-
-
Dividends
-
31 185
-
-
withholding
-
2 339
-
-
total
-
2 339
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 041
9 654
12 882
9 333
After tax
21 459
28 846
25 618
29 167
Living cost
31 710
31 710
31 710
31 710
Free-cash
-10 251
-2 864
-6 092
-2 543

Estimated living cost  is ₽31710 per week

₽21753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2916
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.
₽6642
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
-₽15908
-₽13771
-₽14577
-₽35229
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
-
-
-
257
regional
-
-
-
532
national
-
-
-
6 724
social contributions
-
-
-
9 902
total
-
-
-
17 415
Employee
73 728
-
38 500
-
regional
1 113
-
447
-
social contributions
24 861
-
12 982
-
national
12 459
-
5 894
-
municipal
440
-
229
-
total
38 873
-
19 552
-
Employer
73 728
-
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
38 873
18 221
19 552
17 415
After tax
-373
20 279
18 948
21 085
Living cost
34 856
34 856
34 856
34 856
Free-cash
-35 229
-14 577
-15 908
-13 771

Estimated living cost  is ₽34856 per week

₽24484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
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.
₽7447
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
₽2324
₽8692
-₽14890
₽356
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
-
-
-
6 099
health
-
-
-
1 785
accident
-
-
-
207
pensions
-
-
-
3 406
other
-
-
-
303
total
-
-
-
11 800
Employee
28 328
-
31 982
-
income
3 886
-
4 388
-
health
3 244
-
3 662
-
pensions
3 190
-
3 601
-
total
10 320
-
11 651
-
Employer
28 328
-
31 982
-
unemployment
694
-
783
-
pensions
4 606
-
5 200
-
accident
473
-
534
-
total
5 773
-
6 517
-
Corporate
4 399
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.

3 959
34 650
-
-
total
3 959
34 650
-
-
Dividends
440
3 850
-
-
withholding
84
732
-
-
total
84
732
-
-
Income
38 500
38 500
38 500
38 500
Total tax
20 136
35 382
18 168
11 800
After tax
18 364
3 118
20 332
26 700
Living cost
18 008
18 008
18 008
18 008
Free-cash
356
-14 890
2 324
8 692

Estimated living cost  is ₽18008 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽998
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.
₽3437
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
-₽3604
-₽3604
-₽13774
-₽5034
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
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.

-
-
-
2 225
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.

-
-
-
5 977
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.

-
-
-
123
total
-
-
-
8 325
Employee

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

43 534
-
38 500
-
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.

3 580
-
2 225
-
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.

5 977
-
5 977
-
surtax

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

198
-
123
-
total
9 755
-
8 325
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
38 500
-
-
chamber of commerce
-
189
-
-
income
-
5 775
-
-
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.

-
317
-
-
trade
-
5 524
-
-
total
-
11 805
-
-
Dividends
-
26 695
-
-
withholding
-
6 341
-
-
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.

-
349
-
-
total
-
6 690
-
-
Income
38 500
38 500
38 500
38 500
Total tax
9 755
18 495
8 325
8 325
After tax
28 745
20 005
30 175
30 175
Living cost
33 779
33 779
33 779
33 779
Free-cash
-5 034
-13 774
-3 604
-3 604

Estimated living cost  is ₽33779 per week

₽23302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
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.
₽6353
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
₽3890
₽11767
₽12596
₽5420
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
microenterprise
-
-
-
5 775
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.

-
-
-
2 755
surtax
-
-
-
-
total
-
-
-
8 530
Employee
25 566
-
31 025
-
income
4 551
-
5 522
-
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.

2 813
-
3 412
-
surtax
-
-
-
-
total
7 364
-
8 934
-
Employer
25 566
-
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.

6 158
-
7 473
-
surtax
-
-
-
-
total
6 158
-
7 473
-
Corporate
6 775
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%.

1 355
7 701
-
-
total
1 355
7 701
-
-
Dividends

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

5 421
30 799
-
-
total
-
-
-
-
Income
38 500
38 500
38 500
38 500
Total tax
14 877
7 701
16 407
8 530
After tax
23 623
30 799
22 093
29 970
Living cost
18 203
18 203
18 203
18 203
Free-cash
5 420
12 596
3 890
11 767

Estimated living cost  is ₽18203 per week

₽11613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
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.
₽4443
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
₽8645
₽7671
₽12691
₽10830
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
-
-
-
6 213
health
-
-
-
5 583
pensions
-
-
-
7 700
total
-
-
-
19 496
Employee
17 261
-
31 428
-
income
3 339
-
6 736
-
health
863
-
1 571
-
unemployment
173
-
314
-
pensions
1 553
-
2 829
-
total
5 928
-
11 450
-
Employer
17 261
-
31 428
-
unemployment
345
-
629
-
pensions
1 899
-
3 457
-
health
1 640
-
2 986
-
total
3 884
-
7 072
-
Corporate
17 355
38 500
-
-
income
3 818
8 470
-
-
total
3 818
8 470
-
-
Dividends
13 537
30 030
-
-
withholding
2 707
6 006
-
-
total
2 707
6 006
-
-
Income
38 500
38 500
38 500
38 500
Total tax
16 337
14 476
18 522
19 496
After tax
22 163
24 024
19 978
19 004
Living cost
11 333
11 333
11 333
11 333
Free-cash
10 830
12 691
8 645
7 671

Estimated living cost  is ₽11333 per week

₽6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
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.
₽3420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽1527
₽2465
₽4564
₽1781
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
-
-
-
5 574
health
-
-
-
2 735
unemployment
-
-
-
199
surtax
-
-
-
174
pensions
-
-
-
7 701
other
-
-
-
-
total
-
-
-
16 383
Employee
29 465
-
31 805
-
other
-
-
-
-
income
4 940
-
5 331
-
health
752
-
812
-
unemployment
2 051
-
2 213
-
surtax
105
-
148
-
pensions
1 966
-
2 122
-
total
9 814
-
10 626
-
Employer
29 465
-
31 805
-
unemployment
935
-
1 008
-
pensions
3 928
-
4 239
-
other
-
-
-
-
health
1 340
-
1 448
-
total
6 203
-
6 695
-
Corporate
2 832
38 500
-
-
income
736
10 010
-
-
total
736
10 010
-
-
Dividends
2 096
28 490
-
-
withholding
314
4 274
-
-
total
314
4 274
-
-
Income
38 500
38 500
38 500
38 500
Total tax
17 067
14 284
17 321
16 383
After tax
21 433
24 216
21 179
22 117
Living cost
19 652
19 652
19 652
19 652
Free-cash
1 781
4 564
1 527
2 465

Estimated living cost  is ₽19652 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5624
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
-₽13056
-₽6202
-₽9165
-₽11581
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
-
-
-
1 200
chamber of commerce
-
-
-
154
health
-