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
₽ 39500
per

Your estimated
City
free-cash

Valencia , Spain
-₽1700
-₽2002
₽2674
-₽3148
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
-
-
-
39 500
income
-
-
-
5 602
accident
-
-
-
355
unemployment
-
-
-
277
pensions
-
-
-
11 178
other
-
-
-
40
total
-
-
-
17 452
Employee
32 339
-
29 952
-
other
32
-
30
-
income
6 235
-
5 699
-
unemployment
501
-
465
-
pensions
1 520
-
1 407
-
total
8 288
-
7 601
-
Employer
32 339
-
29 952
-
unemployment
1 779
-
1 648
-
pensions
7 631
-
7 069
-
other
259
-
239
-
accident
641
-
593
-
total
10 310
-
9 549
-
Corporate
-
39 500
-
-
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.

-
5 925
-
-
total
-
5 925
-
-
Dividends
-
33 575
-
-
withholding
-
6 851
-
-
total
-
6 851
-
-
Income
39 500
39 500
39 500
39 500
Total tax
18 598
12 776
17 150
17 452
After tax
20 902
26 724
22 350
22 048
Living cost
24 050
24 050
24 050
24 050
Free-cash
-3 148
2 674
-1 700
-2 002

Estimated living cost  is ₽24050 per week

₽16234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2312
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.
₽5084
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
-₽147
-₽1914
₽5717
-₽258
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
-
-
-
39 500
income
-
-
-
5 017
health
-
-
-
1 738
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.

-
-
-
9 480
other
-
-
-
1 875
total
-
-
-
18 110
Employee
31 756
-
31 550
-
income
5 467
-
5 431
-
health
445
-
441
-
unemployment
317
-
315
-
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.

2 222
-
2 207
-
total
8 451
-
8 394
-
Employer
31 756
-
31 550
-
unemployment
317
-
315
-
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.

5 399
-
5 363
-
other
1 588
-
1 578
-
accident
254
-
252
-
health
445
-
441
-
total
8 003
-
7 949
-
Corporate
-
39 500
-
-
income
-
8 295
-
-
total
-
8 295
-
-
Dividends
-
31 205
-
-
withholding
-
2 184
-
-
total
-
2 184
-
-
Income
39 500
39 500
39 500
39 500
Total tax
16 454
10 479
16 343
18 110
After tax
23 046
29 021
23 157
21 390
Living cost
23 304
23 304
23 304
23 304
Free-cash
-258
5 717
-147
-1 914

Estimated living cost  is ₽23304 per week

₽16466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4890
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
₽14267
₽13953
₽22306
₽18244
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
-
-
-
39 500
income
-
-
-
5 925
health
-
-
-
3 513
unemployment
-
-
-
122
pensions

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

-
-
-
4 521
total
-
-
-
14 081
Employee
15 182
-
33 507
-
income
1 518
-
3 351
-
health
698
-
1 405
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
pensions

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

1 333
-
2 682
-
total
3 716
-
7 774
-
Employer
15 182
-
33 507
-
unemployment
91
-
183
-
pensions

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

1 673
-
3 366
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 048
-
2 108
-
total
2 979
-
5 993
-
Corporate
21 339
39 500
-
-
income
2 134
3 950
-
-
total
2 134
3 950
-
-
Dividends
19 205
35 550
-
-
withholding
961
1 778
-
-
total
961
1 778
-
-
Income
39 500
39 500
39 500
39 500
Total tax
9 790
5 728
13 767
14 081
After tax
29 710
33 772
25 733
25 419
Living cost
11 466
11 466
11 466
11 466
Free-cash
18 244
22 306
14 267
13 953

Estimated living cost  is ₽11466 per week

₽6694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽819
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.
₽3649
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
-₽5405
-₽6009
-₽10014
-₽9620
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
-
-
-
39 500
income
-
-
-
1 233
social contributions
-
-
-
1 125
health
-
-
-
342
surtax
-
-
-
-
pensions
-
-
-
11 661
other
-
-
-
1 225
total
-
-
-
15 586
Employee
37 431
-
30 096
-
income
2 209
-
1 323
-
social contributions
1 067
-
858
-
surtax
-
-
-
-
pensions
4 232
-
3 404
-
total
7 508
-
5 585
-
Employer
37 431
-
30 096
-
unemployment
1 515
-
1 218
-
social contributions
113
-
90
-
pensions
6 149
-
4 944
-
other
1 291
-
1 039
-
health
2 621
-
2 106
-
total
11 689
-
9 397
-
Corporate
-
39 500
-
-
income
-
11 060
-
-
surtax
-
-
-
-
total
-
11 060
-
-
Dividends
-
28 440
-
-
withholding
-
3 640
-
-
surtax
-
-
-
-
social contributions
-
4 891
-
-
total
-
8 531
-
-
Income
39 500
39 500
39 500
39 500
Total tax
19 197
19 591
14 982
15 586
After tax
20 303
19 909
24 518
23 914
Living cost
29 923
29 923
29 923
29 923
Free-cash
-9 620
-10 014
-5 405
-6 009

Estimated living cost  is ₽29923 per week

₽18868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2433
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.
₽8114
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
-₽47350
-₽13950
-₽42440
-₽47350
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
-
-
-
39 500
income
-
-
-
3 637
health
-
-
-
6 065
pensions
-
-
-
7 110
total
-
-
-
16 812
Employee
74 687
74 687
74 687
-
income

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

12 225
12 225
12 225
-
health
11 464
9 751
11 464
-
pensions
13 444
10 247
13 444
-
total
37 133
32 223
37 133
-
Employer
74 687
74 687
74 687
-
unemployment
2 689
2 689
2 689
-
pensions
5 198
5 198
5 198
-
health
5 192
5 192
5 192
-
total
13 079
13 079
13 079
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
39 500
39 500
39 500
39 500
Total tax
50 212
45 302
50 212
16 812
After tax
-10 712
-5 802
-10 712
22 688
Living cost
36 638
36 638
36 638
36 638
Free-cash
-47 350
-42 440
-47 350
-13 950

Estimated living cost  is ₽36638 per week

₽25965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3303
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.
₽6788
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
₽4403
₽4403
-₽6379
₽3293
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.

-
-
-
39 500
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.

-
-
-
2 493
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.

-
-
-
5 975
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.

-
-
-
138
total
-
-
-
8 606
Employee

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

33 452
-
39 500
-
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.

934
-
2 493
-
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.

5 975
-
5 975
-
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
-
138
-
total
6 960
-
8 606
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 048
39 500
-
-
chamber of commerce
141
189
-
-
income
908
5 925
-
-
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.

50
325
-
-
trade
953
6 221
-
-
total
2 052
12 660
-
-
Dividends
3 997
26 840
-
-
withholding
667
6 378
-
-
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.

37
350
-
-
total
704
6 728
-
-
Income
39 500
39 500
39 500
39 500
Total tax
9 716
19 388
8 606
8 606
After tax
29 784
20 112
30 894
30 894
Living cost
26 491
26 491
26 491
26 491
Free-cash
3 293
-6 379
4 403
4 403

Estimated living cost  is ₽26491 per week

₽16663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
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.
₽6244
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
₽4859
₽12081
-₽528
₽4180
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
-
-
-
39 500
income
-
-
-
-
social contributions
-
-
-
6 163
health
-
-
-
1 007
total
-
-
-
7 170
Employee
67 252
67 252
67 252
-
income
7 323
6 226
7 167
-
social contributions
2 543
5 582
2 976
-
health
521
1 144
609
-
total
10 387
12 952
10 752
-
Employer
67 252
67 252
67 252
-
social contributions
2 543
5 582
2 976
-
health
566
1 245
664
-
total
3 109
6 827
3 640
-
Corporate
5 756
-
-
-
income
719
-
-
-
total
719
-
-
-
Dividends
5 037
-
-
-
withholding
856
-
-
-
total
856
-
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 071
19 779
14 392
7 170
After tax
24 429
19 721
25 108
32 330
Living cost
20 249
20 249
20 249
20 249
Free-cash
4 180
-528
4 859
12 081

Estimated living cost  is ₽20249 per week

₽12136
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.
₽5680
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
-₽5143
-₽4315
-₽4965
-₽10278
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.

-
-
-
39 500
income
-
-
-
2 656
social contributions

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

-
-
-
13 726
surtax
-
-
-
-
total
-
-
-
16 382
Employee
40 225
-
31 918
-
income
8 367
-
6 120
-
social contributions
4 425
-
3 510
-
surtax
-
-
-
-
total
12 792
-
9 630
-
Employer
40 225
-
31 918
-
social contributions
9 553
-
7 580
-
total
9 553
-
7 580
-
Corporate
-
39 500
-
-
income
-
8 295
-
-
surtax
-
-
-
-
total
-
8 295
-
-
Dividends
-
31 205
-
-
withholding
-
8 737
-
-
total
-
8 737
-
-
Income
39 500
39 500
39 500
39 500
Total tax
22 345
17 032
17 210
16 382
After tax
17 155
22 468
22 290
23 118
Living cost
27 433
27 433
27 433
27 433
Free-cash
-10 278
-4 965
-5 143
-4 315

Estimated living cost  is ₽27433 per week

₽20526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
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.
₽4831
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
₽25316
₽32821
₽31241
₽30063
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%.

-
-
-
39 500
microenterprise

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

-
-
-
395
total
-
-
-
395
Employee
7 855
-
39 500
-
income
1 571
-
7 900
-
total
1 571
-
7 900
-
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%.

31 645
39 500
-
-
total
-
-
-
-
Dividends
31 645
39 500
-
-
withholding
1 582
1 975
-
-
total
1 582
1 975
-
-
Income
39 500
39 500
39 500
39 500
Total tax
3 153
1 975
7 900
395
After tax
36 347
37 525
31 600
39 105
Living cost
6 284
6 284
6 284
6 284
Free-cash
30 063
31 241
25 316
32 821

Estimated living cost  is ₽6284 per week

₽3894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽522
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
-₽2558
-₽1307
₽3736
-₽5197
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.

-
-
-
39 500
income
-
-
-
6 188
health
-
-
-
3 887
unemployment
-
-
-
60
pensions
-
-
-
7 213
total
-
-
-
17 348
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.

38 675
-
34 177
-
income
6 669
-
5 723
-
health
2 498
-
2 209
-
unemployment
55
-
48
-
pensions
5 995
-
5 298
-
total
15 217
-
13 278
-
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.

38 675
-
34 177
-
unemployment
23
-
20
-
pensions
3 422
-
3 024
-
health
2 576
-
2 277
-
total
6 021
-
5 321
-
Corporate
-
39 500
-
-
income
-
7 505
-
-
total
-
7 505
-
-
Dividends
-
31 995
-
-
withholding
-
4 800
-
-
total
-
4 800
-
-
Income
39 500
39 500
39 500
39 500
Total tax
21 238
12 305
18 599
17 348
After tax
18 262
27 195
20 901
22 152
Living cost
23 459
23 459
23 459
23 459
Free-cash
-5 197
3 736
-2 558
-1 307

Estimated living cost  is ₽23459 per week

₽16099
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.
₽5402
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
-₽2846
-₽22852
-₽9924
-₽7252
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.

-
-
-
39 500
income
-
-
-
24 896
health

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

-
-
-
5 708
total
-
-
-
30 604
Employee
40 121
-
35 903
-
social contributions
4 020
-
3 597
-
income
4 353
-
3 404
-
total
8 373
-
7 001
-
Employer
40 121
-
35 903
-
social contributions
4 020
-
3 597
-
total
4 020
-
3 597
-
Corporate
-
39 500
-
-
income
-
13 825
-
-
total
-
13 825
-
-
Dividends
-
25 675
-
-
social contributions
2 611
3 851
-
-
total
2 611
3 851
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 004
17 676
10 598
30 604
After tax
24 496
21 824
28 902
8 896
Living cost
31 748
31 748
31 748
31 748
Free-cash
-7 252
-9 924
-2 846
-22 852

Estimated living cost  is ₽31748 per week

₽20912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
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.
₽7845
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
₽5536
₽6822
₽5554
₽5653
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
-
-
-
39 500
income
-
-
-
5 925
social contributions
-
-
-
5 450
health
-
-
-
2 757
total
-
-
-
14 132
Employee
29 654
-
39 500
-
income
4 946
-
7 211
-
social contributions
4 093
-
5 450
-
health
2 070
-
2 757
-
total
11 109
-
15 418
-
Employer
29 654
-
39 500
-
total
-
-
-
-
Corporate
9 846
39 500
-
-
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%.

493
1 975
-
-
total
493
1 975
-
-
Dividends
9 353
37 525
-
-
withholding
1 402
5 628
-
-
health
772
2 619
-
-
social contributions
1 525
5 178
-
-
total
3 699
13 425
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 301
15 400
15 418
14 132
After tax
24 199
24 100
24 082
25 368
Living cost
18 546
18 546
18 546
18 546
Free-cash
5 653
5 554
5 536
6 822

Estimated living cost  is ₽18546 per week

₽12411
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.
₽4563
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
-₽3675
-₽4483
₽3475
-₽7243
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
-
-
-
39 500
income
-
-
-
3 395
social contributions
-
-
-
11 534
solidarity contribution
-
-
-
-
health
-
-
-
5 333
total
-
-
-
20 262
Employee
34 883
-
29 478
-
solidarity contribution
-
-
-
-
income
4 186
-
3 537
-
social contributions
2 267
-
1 916
-
health
4 709
-
3 979
-
total
11 162
-
9 432
-
Employer
34 883
-
29 478
-
social contributions
8 721
-
7 369
-
health
3 139
-
2 653
-
total
11 860
-
10 022
-
Corporate
-
39 500
-
-
income
-
7 505
-
-
total
-
7 505
-
-
Dividends
-
31 995
-
-
withholding
-
4 799
-
-
total
-
4 799
-
-
Income
39 500
39 500
39 500
39 500
Total tax
23 022
12 304
19 454
20 262
After tax
16 478
27 196
20 046
19 238
Living cost
23 721
23 721
23 721
23 721
Free-cash
-7 243
3 475
-3 675
-4 483

Estimated living cost  is ₽23721 per week

₽17640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4356
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
₽21807
₽29312
₽27732
₽25896
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%.

-
-
-
39 500
microenterprise

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

-
-
-
395
total
-
-
-
395
Employee
12 241
-
39 500
-
income
2 448
-
7 900
-
total
2 448
-
7 900
-
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%.

27 259
39 500
-
-
total
-
-
-
-
Dividends
27 259
39 500
-
-
withholding
1 363
1 975
-
-
total
1 363
1 975
-
-
Income
39 500
39 500
39 500
39 500
Total tax
3 811
1 975
7 900
395
After tax
35 689
37 525
31 600
39 105
Living cost
9 793
9 793
9 793
9 793
Free-cash
25 896
27 732
21 807
29 312

Estimated living cost  is ₽9793 per week

₽6627
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.
₽328
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.
₽2426
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
-₽17724
-₽18328
-₽22333
-₽32385
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
-
-
-
39 500
income
-
-
-
1 233
social contributions
-
-
-
1 125
health
-
-
-
342
surtax
-
-
-
-
pensions
-
-
-
11 661
other
-
-
-
1 225
total
-
-
-
15 586
Employee
54 778
-
30 096
-
income
4 779
-
1 323
-
social contributions
1 560
-
858
-
surtax
-
-
-
-
pensions
6 196
-
3 404
-
total
12 535
-
5 585
-
Employer
54 778
-
30 096
-
unemployment
2 219
-
1 218
-
social contributions
164
-
90
-
pensions
9 001
-
4 944
-
other
1 890
-
1 039
-
health
3 834
-
2 106
-
total
17 108
-
9 397
-
Corporate
-
39 500
-
-
income
-
11 060
-
-
surtax
-
-
-
-
total
-
11 060
-
-
Dividends
-
28 440
-
-
withholding
-
3 640
-
-
surtax
-
-
-
-
social contributions
-
4 891
-
-
total
-
8 531
-
-
Income
39 500
39 500
39 500
39 500
Total tax
29 643
19 591
14 982
15 586
After tax
9 857
19 909
24 518
23 914
Living cost
42 242
42 242
42 242
42 242
Free-cash
-32 385
-22 333
-17 724
-18 328

Estimated living cost  is ₽42242 per week

₽28589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3456
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.
₽9618
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
₽6467
₽4764
₽13458
₽9166
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.

-
-
-
39 500
income
-
-
-
4 723
health
-
-
-
4 069
unemployment
-
-
-
593
pensions
-
-
-
10 270
total
-
-
-
19 655
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.

22 741
-
33 503
-
income
3 135
-
5 290
-
health
1 171
-
1 725
-
unemployment
171
-
251
-
pensions
3 184
-
4 690
-
total
7 661
-
11 956
-
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.

22 741
-
33 503
-
unemployment
171
-
251
-
pensions
2 729
-
4 020
-
health
1 171
-
1 725
-
total
4 071
-
5 996
-
Corporate
12 688
39 500
-
-
income
1 903
5 925
-
-
total
1 903
5 925
-
-
Dividends
10 785
33 575
-
-
withholding
1 618
5 036
-
-
total
1 618
5 036
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 253
10 961
17 952
19 655
After tax
24 247
28 539
21 548
19 845
Living cost
15 081
15 081
15 081
15 081
Free-cash
9 166
13 458
6 467
4 764

Estimated living cost  is ₽15081 per week

₽10154
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.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3324
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
-₽29632
-₽27419
-₽42971
-₽38729
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
-
-
-
39 500
regional
-
-
-
754
national
-
-
-
94
health
-
-
-
199
city
-
-
-
415
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.

-
-
-
790
pensions
-
-
-
3 634
total
-
-
-
5 886
Employee
71 424
-
35 247
-
regional
2 339
-
627
-
city
767
-
378
-
health
161
-
80
-
unemployment
-
-
-
-
national
338
-
69
-
pensions
6 001
-
3 080
-
total
9 606
-
4 234
-
Employer
71 424
-
35 247
-
unemployment
-
-
-
-
pensions
6 001
-
3 080
-
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.

1 428
-
705
-
health
161
-
80
-
total
7 590
-
3 865
-
Corporate
-
39 500
-
-
regional
-
8 353
-
-
national
-
3 358
-
-
total
-
11 711
-
-
Dividends
-
27 789
-
-
withholding
-
9 727
-
-
total
-
9 727
-
-
Income
39 500
39 500
39 500
39 500
Total tax
17 196
21 438
8 099
5 886
After tax
22 304
18 062
31 401
33 614
Living cost
61 033
61 033
61 033
61 033
Free-cash
-38 729
-42 971
-29 632
-27 419

Estimated living cost  is ₽61033 per week

₽39689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
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.
₽15117
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
-₽8765
-₽1989
-₽6243
-₽15196
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

-
-
-
39 500
municipal
-
-
-
7 065
national
-
-
-
602
health
-
-
-
244
total
-
-
-
7 911
Employee
46 014
-
33 230
-
health
344
-
146
-
unemployment
690
-
498
-
national
760
-
68
-
municipal
7 537
-
5 462
-
pensions
3 105
-
2 242
-
total
12 436
-
8 416
-
Employer
46 014
-
33 230
-
unemployment
299
-
216
-
pensions
7 983
-
5 766
-
accident
46
-
33
-
health
354
-
256
-
total
8 682
-
6 271
-
Corporate
-
39 500
-
-
income
-
7 900
-
-
total
-
7 900
-
-
Dividends

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

-
23 700
-
-
national
-
-
-
-
municipal
-
4 265
-
-
total
-
4 265
-
-
Income
39 500
39 500
39 500
39 500
Total tax
21 118
12 165
14 687
7 911
After tax
18 382
27 335
24 813
31 589
Living cost
33 578
33 578
33 578
33 578
Free-cash
-15 196
-6 243
-8 765
-1 989

Estimated living cost  is ₽33578 per week

₽21933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7882
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
-₽14228
-₽9190
-₽9560
-₽41271
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
-
-
-
39 500
national
-
-
-
11 073
social contributions
-
-
-
3 572
communal

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

-
-
-
2 156
total
-
-
-
16 801
Employee

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

62 560
-
30 596
-
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.

2 939
-
1 437
-
communal

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

3 263
-
1 597
-
unemployment

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

544
-
266
-
national
19 234
-
7 340
-
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.

4 692
-
2 295
-
total
30 672
-
12 935
-
Employer

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

62 560
-
30 596
-
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
-
446
-
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.

5 543
-
2 710
-
surtax
7 094
-
3 469
-
accident

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

813
-
397
-
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.

3 847
-
1 882
-
total
18 210
-
8 904
-
Corporate
-
39 500
-
-
income
-
7 900
-
-
surtax
-
158
-
-
total
-
8 058
-
-
Dividends
-
31 442
-
-
withholding

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

-
9 113
-
-
total
-
9 113
-
-
Income
39 500
39 500
39 500
39 500
Total tax
48 882
17 171
21 839
16 801
After tax
-9 382
22 329
17 661
22 699
Living cost
31 889
31 889
31 889
31 889
Free-cash
-41 271
-9 560
-14 228
-9 190

Estimated living cost  is ₽31889 per week

₽20541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
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.
₽8061
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
-₽14746
-₽16149
-₽14272
-₽27612
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
-
-
-
39 500
municipal
-
-
-
8 367
national
-
-
-
-
health
-
-
-
2 465
accident
-
-
-
79
unemployment
-
-
-
39
pensions
-
-
-
4 270
other
-
-
-
4 590
total
-
-
-
19 810
Employee
51 067
-
30 056
-
national
-
-
-
-
municipal
15 228
-
8 963
-
total
15 228
-
8 963
-
Employer
51 067
-
30 056
-
unemployment
1 348
-
793
-
pensions
5 520
-
3 249
-
other
5 934
-
3 493
-
accident
102
-
60
-
health
3 141
-
1 849
-
total
16 045
-
9 444
-
Corporate
-
39 500
-
-
income
-
8 690
-
-
total
-
8 690
-
-
Dividends
-
30 810
-
-
withholding
-
9 243
-
-
total
-
9 243
-
-
Income
39 500
39 500
39 500
39 500
Total tax
31 273
17 933
18 407
19 810
After tax
8 227
21 567
21 093
19 690
Living cost
35 839
35 839
35 839
35 839
Free-cash
-27 612
-14 272
-14 746
-16 149

Estimated living cost  is ₽35839 per week

₽23752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽8025
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
-₽11272
-₽11611
-₽14877
-₽94953
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
-
-
-
39 500
income
-
-
-
7 699
social contributions
-
-
-
4 503
total
-
-
-
12 202
Employee
55 789
-
-
-
income
12 306
-
-
-
social contributions
4 575
-
652
-
total
16 881
-
652
-
Employer
55 789
-
-
-
social contributions
78 663
-
11 211
-
total
78 663
-
11 211
-
Corporate
-
39 500
-
-
income
-
8 690
-
-
total
-
8 690
-
-
Dividends
-
30 810
-
-
income
-
6 778
-
-
total
-
6 778
-
-
Income
39 500
39 500
39 500
39 500
Total tax
95 544
15 468
11 863
12 202
After tax
-56 044
24 032
27 637
27 298
Living cost
38 909
38 909
38 909
38 909
Free-cash
-94 953
-14 877
-11 272
-11 611

Estimated living cost  is ₽38909 per week

₽25245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
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.
₽9508
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
-₽3259
₽3963
-₽8646
-₽3863
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
-
-
-
39 500
income
-
-
-
-
social contributions
-
-
-
6 163
health
-
-
-
1 007
total
-
-
-
7 170
Employee
67 252
67 252
67 252
-
income
7 062
6 226
7 167
-
social contributions
3 268
5 582
2 976
-
health
669
1 144
609
-
total
10 999
12 952
10 752
-
Employer
67 252
67 252
67 252
-
social contributions
3 268
5 582
2 976
-
health
729
1 245
664
-
total
3 997
6 827
3 640
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
39 500
39 500
39 500
39 500
Total tax
14 996
19 779
14 392
7 170
After tax
24 504
19 721
25 108
32 330
Living cost
28 367
28 367
28 367
28 367
Free-cash
-3 863
-8 646
-3 259
3 963

Estimated living cost  is ₽28367 per week

₽19392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6284
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
-₽5497
-₽1812
-₽2111
-₽9247
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
-
-
-
39 500
income
-
-
-
7 475
pensions
-
-
-
2 130
total
-
-
-
9 605
Employee
43 523
-
35 531
-
income
7 926
-
6 554
-
health
568
-
404
-
pensions
3 322
-
2 363
-
total
11 816
-
9 321
-
Employer
43 523
-
35 531
-
pensions
4 397
-
3 294
-
health
827
-
675
-
total
5 224
-
3 969
-
Corporate
-
39 500
-
-
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.

-
7 505
-
-
total
-
7 505
-
-
Dividends
-
31 995
-
-
withholding
-
2 399
-
-
total
-
2 399
-
-
Income
39 500
39 500
39 500
39 500
Total tax
17 040
9 904
13 290
9 605
After tax
22 460
29 596
26 210
29 895
Living cost
31 707
31 707
31 707
31 707
Free-cash
-9 247
-2 111
-5 497
-1 812

Estimated living cost  is ₽31707 per week

₽21751
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
-₽15436
-₽13243
-₽14035
-₽34200
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
-
-
-
39 500
municipal
-
-
-
264
regional
-
-
-
552
national
-
-
-
6 926
social contributions
-
-
-
10 159
total
-
-
-
17 901
Employee
73 699
-
39 500
-
regional
1 113
-
466
-
social contributions
24 851
-
13 319
-
national
12 454
-
6 073
-
municipal
440
-
236
-
total
38 858
-
20 094
-
Employer
73 699
-
39 500
-
total
-
-
-
-
Corporate
-
39 500
-
-
nationa
-
9 480
-
-
municipal
-
1 904
-
-
total
-
11 384
-
-
Dividends
-
28 116
-
-
withholding
-
7 309
-
-
total
-
7 309
-
-
Income
39 500
39 500
39 500
39 500
Total tax
38 858
18 693
20 094
17 901
After tax
642
20 807
19 406
21 599
Living cost
34 842
34 842
34 842
34 842
Free-cash
-34 200
-14 035
-15 436
-13 243

Estimated living cost  is ₽34842 per week

₽24474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
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.
₽7444
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
₽2857
₽9376
-₽14802
₽438
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
-
-
-
39 500
income
-
-
-
6 422
health
-
-
-
1 785
accident
-
-
-
207
pensions
-
-
-
3 405
other
-
-
-
303
total
-
-
-
12 122
Employee
28 318
-
32 813
-
income
3 885
-
4 502
-
health
3 242
-
3 757
-
pensions
3 189
-
3 695
-
total
10 316
-
11 954
-
Employer
28 318
-
32 813
-
unemployment
694
-
804
-
pensions
4 605
-
5 335
-
accident
473
-
548
-
total
5 772
-
6 687
-
Corporate
5 410
39 500
-
-
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.

4 869
35 550
-
-
total
4 869
35 550
-
-
Dividends
541
3 950
-
-
withholding
103
750
-
-
total
103
750
-
-
Income
39 500
39 500
39 500
39 500
Total tax
21 060
36 300
18 641
12 122
After tax
18 440
3 200
20 859
27 378
Living cost
18 002
18 002
18 002
18 002
Free-cash
438
-14 802
2 857
9 376

Estimated living cost  is ₽18002 per week

₽13194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽997
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.
₽3435
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
-₽2872
-₽2872
-₽13249
-₽4017
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.

-
-
-
39 500
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.

-
-
-
2 493
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.

-
-
-
5 975
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.

-
-
-
138
total
-
-
-
8 606
Employee

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

43 517
-
39 500
-
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.

3 578
-
2 493
-
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.

5 975
-
5 975
-
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
-
138
-
total
9 751
-
8 606
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
39 500
-
-
chamber of commerce
-
191
-
-
income
-
5 925
-
-
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.

-
325
-
-
trade
-
5 668
-
-
total
-
12 109
-
-
Dividends
-
27 391
-
-
withholding
-
6 516
-
-
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.

-
358
-
-
total
-
6 874
-
-
Income
39 500
39 500
39 500
39 500
Total tax
9 751
18 983
8 606
8 606
After tax
29 749
20 517
30 894
30 894
Living cost
33 766
33 766
33 766
33 766
Free-cash
-4 017
-13 249
-2 872
-2 872

Estimated living cost  is ₽33766 per week

₽23292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3633
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.
₽6350
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
₽4469
₽12627
₽13405
₽6231
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.

-
-
-
39 500
microenterprise
-
-
-
5 925
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.

-
-
-
2 753
surtax
-
-
-
-
total
-
-
-
8 678
Employee
25 556
-
31 832
-
income
4 549
-
5 666
-
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.

2 812
-
3 502
-
surtax
-
-
-
-
total
7 361
-
9 168
-
Employer
25 556
-
31 832
-
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.

6 156
-
7 668
-
surtax
-
-
-
-
total
6 156
-
7 668
-
Corporate
7 788
39 500
-
-
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%.

1 557
7 900
-
-
total
1 557
7 900
-
-
Dividends

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

6 231
31 600
-
-
total
-
-
-
-
Income
39 500
39 500
39 500
39 500
Total tax
15 074
7 900
16 836
8 678
After tax
24 426
31 600
22 664
30 822
Living cost
18 195
18 195
18 195
18 195
Free-cash
6 231
13 405
4 469
12 627

Estimated living cost  is ₽18195 per week

₽11608
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.
₽4441
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
₽9098
₽8098
₽13316
₽11454
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
-
-
-
39 500
income
-
-
-
6 442
health
-
-
-
5 728
pensions
-
-
-
7 900
total
-
-
-
20 070
Employee
17 260
-
32 245
-
income
3 339
-
6 979
-
health
863
-
1 612
-
unemployment
173
-
322
-
pensions
1 553
-
2 902
-
total
5 928
-
11 815
-
Employer
17 260
-
32 245
-
unemployment
345
-
645
-
pensions
1 899
-
3 547
-
health
1 640
-
3 063
-
total
3 884
-
7 255
-
Corporate
18 356
39 500
-
-
income
4 038
8 690
-
-
total
4 038
8 690
-
-
Dividends
14 317
30 810
-
-
withholding
2 864
6 162
-
-
total
2 864
6 162
-
-
Income
39 500
39 500
39 500
39 500
Total tax
16 714
14 852
19 070
20 070
After tax
22 786
24 648
20 430
19 430
Living cost
11 332
11 332
11 332
11 332
Free-cash
11 454
13 316
9 098
8 098

Estimated living cost  is ₽11332 per week

₽6734
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
₽2075
₽3042
₽5201
₽2420
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
-
-
-
39 500
income
-
-
-
5 719
health
-
-
-
2 805
unemployment
-
-
-
199
surtax
-
-
-
191
pensions
-
-
-
7 900
other
-
-
-
-
total
-
-
-
16 814
Employee
29 453
-
32 632
-
other
-
-
-
-
income
4 938
-
5 470
-
health
752
-
833
-
unemployment
2 050
-
2 270
-
surtax
105
-
164
-
pensions
1 965
-
2 176
-
total
9 810
-
10 913
-
Employer
29 453
-
32 632
-
unemployment
934
-
1 034
-
pensions
3 927
-
4 350
-
other
-
-
-
-
health
1 339
-
1 484
-
total
6 200
-
6 868
-
Corporate
3 846
39 500
-
-
income
999
10 270
-
-
total
999
10 270
-
-
Dividends
2 847
29 230
-
-
withholding
427
4 385
-
-
total
427
4 385
-
-
Income
39 500
39 500
39 500
39 500
Total tax
17 436
14 655
17 781
16 814
After tax
22 064
24 845
21 719
22 686
Living cost
19 644
19 644
19 644
19 644
Free-cash
2 420
5 201
2 075
3 042

Estimated living cost  is ₽19644 per week

₽11860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5621
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
-₽12537
-₽5643
-₽8148
-₽10565
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
-
-
-
39 500
income
-
-
-
1 388
chamber of commerce
-
-
-
158
health
-