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
₽ 41500
per

Your estimated
City
free-cash

Valencia , Spain
-₽1338
-₽723
-₽1042
₽3910
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
-
-
-
41 500
unemployment
-
-
-
290
income
-
-
-
5 934
other
-
-
-
42
accident
-
-
-
373
pensions
-
-
-
11 745
total
-
-
-
18 384
Employee
32 483
-
31 467
-
unemployment
503
-
488
-
pensions
1 527
-
1 479
-
income
6 262
-
6 034
-
other
32
-
32
-
total
8 324
-
8 033
-
Employer
32 483
-
31 467
-
pensions
7 665
-
7 427
-
accident
644
-
623
-
unemployment
1 787
-
1 730
-
other
260
-
252
-
total
10 356
-
10 032
-
Corporate
-
41 500
-
-
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.

-
6 225
-
-
total
-
6 225
-
-
Dividends
-
35 275
-
-
withholding
-
7 207
-
-
total
-
7 207
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 680
13 432
18 065
18 384
After tax
22 820
28 068
23 435
23 116
Living cost
24 158
24 158
24 158
24 158
Free-cash
-1 338
3 910
-723
-1 042

Estimated living cost  is ₽24158 per week

₽16306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
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.
₽5106
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
₽1151
₽921
-₽936
₽7080
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
-
-
-
41 500
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
9 961
income
-
-
-
5 271
other
-
-
-
1 971
health
-
-
-
1 825
total
-
-
-
19 028
Employee
31 897
-
33 144
-
health
447
-
463
-
unemployment
318
-
332
-
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.

2 232
-
2 319
-
income
5 491
-
5 707
-
total
8 488
-
8 821
-
Employer
31 897
-
33 144
-
health
447
-
463
-
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.

5 423
-
5 633
-
accident
255
-
265
-
unemployment
318
-
332
-
other
1 595
-
1 657
-
total
8 038
-
8 350
-
Corporate
1 564
41 500
-
-
income
328
8 716
-
-
total
328
8 716
-
-
Dividends
1 236
32 784
-
-
withholding
87
2 296
-
-
total
87
2 296
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 941
11 012
17 171
19 028
After tax
24 559
30 488
24 329
22 472
Living cost
23 408
23 408
23 408
23 408
Free-cash
1 151
7 080
921
-936

Estimated living cost  is ₽23408 per week

₽16539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽4911
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
₽19871
₽15952
₽15547
₽23955
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
-
-
-
41 500
pensions

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

-
-
-
4 545
unemployment
-
-
-
123
income
-
-
-
6 225
health
-
-
-
3 532
total
-
-
-
14 425
Employee
15 264
-
35 475
-
health
702
-
1 413
-
accident

We are using the highest rate at 1.1%.

168
-
338
-
pensions

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

1 340
-
2 697
-
income
1 526
-
3 547
-
total
3 736
-
7 995
-
Employer
15 264
-
35 475
-
health
1 054
-
2 119
-
pensions

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

1 682
-
3 384
-
accident

We are using the highest rate at 1.1%.

168
-
338
-
unemployment
91
-
184
-
total
2 995
-
6 025
-
Corporate
23 241
41 500
-
-
income
2 324
4 150
-
-
total
2 324
4 150
-
-
Dividends
20 917
37 350
-
-
withholding
1 046
1 867
-
-
total
1 046
1 867
-
-
Income
41 500
41 500
41 500
41 500
Total tax
10 101
6 017
14 020
14 425
After tax
31 399
35 483
27 480
27 075
Living cost
11 528
11 528
11 528
11 528
Free-cash
19 871
23 955
15 952
15 547

Estimated living cost  is ₽11528 per week

₽6730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽305
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.
₽3669
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
-₽7839
-₽4405
-₽4987
-₽9140
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
-
-
-
41 500
income
-
-
-
1 410
other
-
-
-
1 287
health
-
-
-
360
social contributions
-
-
-
1 182
pensions
-
-
-
12 192
surtax
-
-
-
-
total
-
-
-
16 431
Employee
37 598
-
31 626
-
pensions
4 251
-
3 578
-
income
2 219
-
1 497
-
social contributions
1 072
-
900
-
surtax
-
-
-
-
total
7 542
-
5 975
-
Employer
37 598
-
31 626
-
health
2 632
-
2 214
-
social contributions
113
-
95
-
pensions
6 177
-
5 195
-
unemployment
1 522
-
1 280
-
other
1 297
-
1 090
-
total
11 741
-
9 874
-
Corporate
-
41 500
-
-
income
-
11 620
-
-
surtax
-
-
-
-
total
-
11 620
-
-
Dividends
-
29 880
-
-
social contributions
-
5 140
-
-
surtax
-
-
-
-
withholding
-
3 824
-
-
total
-
8 964
-
-
Income
41 500
41 500
41 500
41 500
Total tax
19 283
20 584
15 849
16 431
After tax
22 217
20 916
25 651
25 069
Living cost
30 056
30 056
30 056
30 056
Free-cash
-7 839
-9 140
-4 405
-4 987

Estimated living cost  is ₽30056 per week

₽18952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
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.
₽8150
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
-₽45737
-₽45737
-₽12985
-₽40805
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
-
-
-
41 500
pensions
-
-
-
7 470
income
-
-
-
3 844
health
-
-
-
6 370
total
-
-
-
17 684
Employee
75 020
75 020
75 020
-
health
11 515
9 794
11 515
-
pensions
13 504
10 293
13 504
-
income

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

12 280
12 280
12 280
-
total
37 299
32 367
37 299
-
Employer
75 020
75 020
75 020
-
health
5 215
5 215
5 215
-
pensions
5 221
5 221
5 221
-
unemployment
2 701
2 701
2 701
-
total
13 137
13 137
13 137
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
50 436
45 504
50 436
17 684
After tax
-8 936
-4 004
-8 936
23 816
Living cost
36 801
36 801
36 801
36 801
Free-cash
-45 737
-40 805
-45 737
-12 985

Estimated living cost  is ₽36801 per week

₽26080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
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.
₽6818
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
₽4224
₽5733
₽5630
-₽5493
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.

-
-
-
41 500
trade
-
-
-
103
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.

-
-
-
2 991
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.

-
-
-
6 002
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.

-
-
-
165
total
-
-
-
9 261
Employee

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

33 601
-
41 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 002
-
6 002
-
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.

939
-
2 991
-
surtax

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

52
-
165
-
total
6 993
-
9 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 899
41 500
-
-
income
1 185
6 225
-
-
trade
1 244
6 537
-
-
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.

65
342
-
-
chamber of commerce
145
193
-
-
total
2 639
13 297
-
-
Dividends
5 260
28 203
-
-
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.

53
370
-
-
withholding
982
6 717
-
-
total
1 035
7 087
-
-
Income
41 500
41 500
41 500
41 500
Total tax
10 667
20 384
9 158
9 261
After tax
30 833
21 116
32 342
32 239
Living cost
26 609
26 609
26 609
26 609
Free-cash
4 224
-5 493
5 733
5 630

Estimated living cost  is ₽26609 per week

₽16738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
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.
₽6272
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
₽5524
₽6420
₽13336
₽1296
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
-
-
-
41 500
income
-
-
-
292
health
-
-
-
1 059
social contributions
-
-
-
6 473
total
-
-
-
7 824
Employee
67 552
67 552
67 552
-
health
523
1 149
640
-
income
7 355
6 253
7 149
-
social contributions
2 554
5 606
3 127
-
total
10 432
13 008
10 916
-
Employer
67 552
67 552
67 552
-
health
568
1 250
697
-
social contributions
2 554
5 606
3 127
-
total
3 122
6 856
3 824
-
Corporate
7 605
-
-
-
income
950
-
-
-
total
950
-
-
-
Dividends
6 655
-
-
-
withholding
1 132
-
-
-
total
1 132
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 636
19 864
14 740
7 824
After tax
25 864
21 636
26 760
33 676
Living cost
20 340
20 340
20 340
20 340
Free-cash
5 524
1 296
6 420
13 336

Estimated living cost  is ₽20340 per week

₽12190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5705
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
-₽8500
-₽4228
-₽3313
-₽3950
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.

-
-
-
41 500
income
-
-
-
2 838
social contributions

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

-
-
-
14 420
surtax
-
-
-
-
total
-
-
-
17 258
Employee
40 404
-
33 535
-
income
8 404
-
6 520
-
social contributions
4 445
-
3 689
-
surtax
-
-
-
-
total
12 849
-
10 209
-
Employer
40 404
-
33 535
-
social contributions
9 596
-
7 964
-
total
9 596
-
7 964
-
Corporate
-
41 500
-
-
income
-
8 716
-
-
surtax
-
-
-
-
total
-
8 716
-
-
Dividends
-
32 784
-
-
withholding
-
9 179
-
-
total
-
9 179
-
-
Income
41 500
41 500
41 500
41 500
Total tax
22 445
17 895
18 173
17 258
After tax
19 055
23 605
23 327
24 242
Living cost
27 555
27 555
27 555
27 555
Free-cash
-8 500
-3 950
-4 228
-3 313

Estimated living cost  is ₽27555 per week

₽20617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽4853
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
₽32000
₽26947
₽34832
₽33172
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%.

-
-
-
41 500
microenterprise

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

-
-
-
415
total
-
-
-
415
Employee
7 816
-
41 500
-
income
1 563
-
8 300
-
total
1 563
-
8 300
-
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%.

33 684
41 500
-
-
total
-
-
-
-
Dividends
33 684
41 500
-
-
withholding
1 684
2 075
-
-
total
1 684
2 075
-
-
Income
41 500
41 500
41 500
41 500
Total tax
3 247
2 075
8 300
415
After tax
38 253
39 425
33 200
41 085
Living cost
6 253
6 253
6 253
6 253
Free-cash
32 000
33 172
26 947
34 832

Estimated living cost  is ₽6253 per week

₽3875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽172
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.
₽1686
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
-₽3396
-₽1673
-₽356
₽5009
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.

-
-
-
41 500
pensions
-
-
-
7 579
unemployment
-
-
-
62
income
-
-
-
6 569
health
-
-
-
4 083
total
-
-
-
18 293
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.

38 847
-
35 909
-
health
2 509
-
2 321
-
unemployment
55
-
50
-
pensions
6 022
-
5 566
-
income
6 699
-
6 081
-
total
15 285
-
14 018
-
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.

38 847
-
35 909
-
health
2 587
-
2 392
-
pensions
3 438
-
3 178
-
unemployment
23
-
22
-
total
6 048
-
5 592
-
Corporate
-
41 500
-
-
income
-
7 885
-
-
total
-
7 885
-
-
Dividends
-
33 615
-
-
withholding
-
5 043
-
-
total
-
5 043
-
-
Income
41 500
41 500
41 500
41 500
Total tax
21 333
12 928
19 610
18 293
After tax
20 167
28 572
21 890
23 207
Living cost
23 563
23 563
23 563
23 563
Free-cash
-3 396
5 009
-1 673
-356

Estimated living cost  is ₽23563 per week

₽16171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
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.
₽5426
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
-₽5460
-₽1743
-₽20730
-₽8961
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.

-
-
-
41 500
income
-
-
-
25 007
health

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

-
-
-
5 333
total
-
-
-
30 340
Employee
40 300
-
37 719
-
social contributions
4 038
-
3 781
-
income
4 373
-
3 791
-
total
8 411
-
7 572
-
Employer
40 300
-
37 719
-
social contributions
4 038
-
3 781
-
total
4 038
-
3 781
-
Corporate
-
41 500
-
-
income
-
14 525
-
-
total
-
14 525
-
-
Dividends
-
26 975
-
-
social contributions
2 622
4 046
-
-
total
2 622
4 046
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 071
18 571
11 353
30 340
After tax
26 429
22 929
30 147
11 160
Living cost
31 890
31 890
31 890
31 890
Free-cash
-5 460
-8 961
-1 743
-20 730

Estimated living cost  is ₽31890 per week

₽21006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽7880
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
₽7148
₽6586
₽8023
₽6691
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
-
-
-
41 500
income
-
-
-
6 225
health
-
-
-
2 897
social contributions
-
-
-
5 727
total
-
-
-
14 849
Employee
29 786
-
41 500
-
health
2 079
-
2 897
-
income
4 968
-
7 662
-
social contributions
4 111
-
5 727
-
total
11 158
-
16 286
-
Employer
29 786
-
41 500
-
total
-
-
-
-
Corporate
11 714
41 500
-
-
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%.

585
2 076
-
-
total
585
2 076
-
-
Dividends
11 129
39 424
-
-
social contributions
1 535
5 440
-
-
withholding
1 669
5 913
-
-
health
777
2 752
-
-
total
3 981
14 105
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 724
16 181
16 286
14 849
After tax
25 776
25 319
25 214
26 651
Living cost
18 628
18 628
18 628
18 628
Free-cash
7 148
6 691
6 586
8 023

Estimated living cost  is ₽18628 per week

₽12467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽4583
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
-₽7693
-₽3904
-₽4751
₽3609
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
-
-
-
41 500
income
-
-
-
3 567
health
-
-
-
5 602
social contributions
-
-
-
12 118
solidarity contribution
-
-
-
-
total
-
-
-
21 287
Employee
36 712
-
30 970
-
health
4 956
-
4 181
-
solidarity contribution
-
-
-
-
income
4 405
-
3 716
-
social contributions
2 386
-
2 013
-
total
11 747
-
9 910
-
Employer
36 712
-
30 970
-
health
3 304
-
2 787
-
social contributions
9 178
-
7 743
-
total
12 482
-
10 530
-
Corporate
-
41 500
-
-
income
-
7 885
-
-
total
-
7 885
-
-
Dividends
-
33 615
-
-
withholding
-
5 042
-
-
total
-
5 042
-
-
Income
41 500
41 500
41 500
41 500
Total tax
24 229
12 927
20 440
21 287
After tax
17 271
28 573
21 060
20 213
Living cost
24 964
24 964
24 964
24 964
Free-cash
-7 693
3 609
-3 904
-4 751

Estimated living cost  is ₽24964 per week

₽18565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽4584
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
₽27854
₽23456
₽31341
₽29681
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%.

-
-
-
41 500
microenterprise

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

-
-
-
415
total
-
-
-
415
Employee
12 180
-
41 500
-
income
2 436
-
8 300
-
total
2 436
-
8 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

29 320
41 500
-
-
total
-
-
-
-
Dividends
29 320
41 500
-
-
withholding
1 466
2 075
-
-
total
1 466
2 075
-
-
Income
41 500
41 500
41 500
41 500
Total tax
3 902
2 075
8 300
415
After tax
37 598
39 425
33 200
41 085
Living cost
9 744
9 744
9 744
9 744
Free-cash
27 854
29 681
23 456
31 341

Estimated living cost  is ₽9744 per week

₽6594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
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.
₽2414
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
-₽30706
-₽16779
-₽17361
-₽21514
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
-
-
-
41 500
income
-
-
-
1 410
other
-
-
-
1 287
health
-
-
-
360
social contributions
-
-
-
1 182
pensions
-
-
-
12 192
surtax
-
-
-
-
total
-
-
-
16 431
Employee
55 022
-
31 626
-
pensions
6 223
-
3 578
-
income
4 801
-
1 497
-
social contributions
1 567
-
900
-
surtax
-
-
-
-
total
12 591
-
5 975
-
Employer
55 022
-
31 626
-
health
3 851
-
2 214
-
social contributions
165
-
95
-
pensions
9 041
-
5 195
-
unemployment
2 229
-
1 280
-
other
1 899
-
1 090
-
total
17 185
-
9 874
-
Corporate
-
41 500
-
-
income
-
11 620
-
-
surtax
-
-
-
-
total
-
11 620
-
-
Dividends
-
29 880
-
-
social contributions
-
5 140
-
-
surtax
-
-
-
-
withholding
-
3 824
-
-
total
-
8 964
-
-
Income
41 500
41 500
41 500
41 500
Total tax
29 776
20 584
15 849
16 431
After tax
11 724
20 916
25 651
25 069
Living cost
42 430
42 430
42 430
42 430
Free-cash
-30 706
-21 514
-16 779
-17 361

Estimated living cost  is ₽42430 per week

₽28716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9661
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
₽10540
₽7433
₽5647
₽14847
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.

-
-
-
41 500
pensions
-
-
-
10 790
unemployment
-
-
-
622
income
-
-
-
5 029
health
-
-
-
4 275
total
-
-
-
20 716
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.

22 826
-
35 199
-
health
1 176
-
1 813
-
unemployment
171
-
264
-
pensions
3 196
-
4 928
-
income
3 146
-
5 624
-
total
7 689
-
12 629
-
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.

22 826
-
35 199
-
health
1 176
-
1 813
-
pensions
2 739
-
4 224
-
unemployment
171
-
264
-
total
4 086
-
6 301
-
Corporate
14 589
41 500
-
-
income
2 188
6 225
-
-
total
2 188
6 225
-
-
Dividends
12 400
35 275
-
-
withholding
1 860
5 291
-
-
total
1 860
5 291
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 823
11 516
18 930
20 716
After tax
25 677
29 984
22 570
20 784
Living cost
15 137
15 137
15 137
15 137
Free-cash
10 540
14 847
7 433
5 647

Estimated living cost  is ₽15137 per week

₽10192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽3336
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
-₽35781
-₽27203
-₽25017
-₽41317
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
-
-
-
41 500
pensions
-
-
-
3 817
city
-
-
-
437
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.

-
-
-
830
health
-
-
-
197
regional
-
-
-
833
national
-
-
-
110
total
-
-
-
6 224
Employee
70 559
-
37 110
-
health
160
-
84
-
unemployment
-
-
-
-
city
757
-
398
-
pensions
5 928
-
3 156
-
regional
2 310
-
705
-
national
334
-
85
-
total
9 489
-
4 428
-
Employer
70 559
-
37 110
-
health
160
-
84
-
pensions
5 928
-
3 156
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 411
-
742
-
total
7 499
-
3 982
-
Corporate
-
41 500
-
-
regional
-
8 777
-
-
national
-
3 528
-
-
total
-
12 305
-
-
Dividends
-
29 195
-
-
withholding
-
10 219
-
-
total
-
10 219
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 988
22 524
8 410
6 224
After tax
24 512
18 976
33 090
35 276
Living cost
60 293
60 293
60 293
60 293
Free-cash
-35 781
-41 317
-27 203
-25 017

Estimated living cost  is ₽60293 per week

₽39208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽740
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.
₽14934
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
-₽13441
-₽7754
-₽634
-₽5010
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

-
-
-
41 500
municipal
-
-
-
7 420
health
-
-
-
272
national
-
-
-
714
total
-
-
-
8 406
Employee
46 219
-
34 912
-
health
345
-
172
-
unemployment
694
-
523
-
pensions
3 119
-
2 357
-
national
764
-
152
-
municipal
7 570
-
5 735
-
total
12 492
-
8 939
-
Employer
46 219
-
34 912
-
health
355
-
268
-
pensions
8 019
-
6 057
-
accident
47
-
35
-
unemployment
300
-
227
-
total
8 721
-
6 587
-
Corporate
-
41 500
-
-
income
-
8 301
-
-
total
-
8 301
-
-
Dividends

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

-
24 900
-
-
municipal
-
4 481
-
-
national
-
-
-
-
total
-
4 481
-
-
Income
41 500
41 500
41 500
41 500
Total tax
21 213
12 782
15 526
8 406
After tax
20 287
28 718
25 974
33 094
Living cost
33 728
33 728
33 728
33 728
Free-cash
-13 441
-5 010
-7 754
-634

Estimated living cost  is ₽33728 per week

₽22031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽7917
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
-₽39631
-₽13626
-₽8453
-₽8588
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
-
-
-
41 500
communal

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

-
-
-
2 252
social contributions
-
-
-
3 971
national
-
-
-
11 699
total
-
-
-
17 922
Employee

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

62 839
-
32 143
-
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.

2 952
-
1 510
-
communal

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

3 278
-
1 677
-
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.

547
-
280
-
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.

4 713
-
2 411
-
national
19 319
-
7 863
-
total
30 809
-
13 741
-
Employer

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

62 839
-
32 143
-
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.

3 864
-
1 977
-
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.

5 568
-
2 847
-
surtax
7 125
-
3 644
-
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.

817
-
418
-
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.

917
-
468
-
total
18 291
-
9 354
-
Corporate
-
41 500
-
-
income
-
8 301
-
-
surtax
-
167
-
-
total
-
8 468
-
-
Dividends
-
33 033
-
-
withholding

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

-
9 589
-
-
total
-
9 589
-
-
Income
41 500
41 500
41 500
41 500
Total tax
49 100
18 057
23 095
17 922
After tax
-7 600
23 443
18 405
23 578
Living cost
32 031
32 031
32 031
32 031
Free-cash
-39 631
-8 588
-13 626
-8 453

Estimated living cost  is ₽32031 per week

₽20632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
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.
₽8097
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
-₽30377
-₽16223
-₽17696
-₽15725
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
-
-
-
41 500
unemployment
-
-
-
41
municipal
-
-
-
8 790
other
-
-
-
4 822
health
-
-
-
2 590
national
-
-
-
-
accident
-
-
-
83
pensions
-
-
-
4 486
total
-
-
-
20 812
Employee
54 693
-
31 578
-
national
-
-
-
-
municipal
16 309
-
9 417
-
total
16 309
-
9 417
-
Employer
54 693
-
31 578
-
health
3 364
-
1 942
-
pensions
5 912
-
3 414
-
accident
109
-
63
-
unemployment
1 444
-
834
-
other
6 355
-
3 669
-
total
17 184
-
9 922
-
Corporate
-
41 500
-
-
income
-
9 130
-
-
total
-
9 130
-
-
Dividends
-
32 370
-
-
withholding
-
9 711
-
-
total
-
9 711
-
-
Income
41 500
41 500
41 500
41 500
Total tax
33 493
18 841
19 339
20 812
After tax
8 007
22 659
22 161
20 688
Living cost
38 384
38 384
38 384
38 384
Free-cash
-30 377
-15 725
-16 223
-17 696

Estimated living cost  is ₽38384 per week

₽25439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3767
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.
₽8595
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
-₽101658
-₽12559
-₽12748
-₽16179
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
-
-
-
41 500
income
-
-
-
8 089
social contributions
-
-
-
4 731
total
-
-
-
12 820
Employee
59 402
-
-
-
income
13 103
-
-
-
social contributions
4 871
-
694
-
total
17 974
-
694
-
Employer
59 402
-
-
-
social contributions
83 756
-
11 937
-
total
83 756
-
11 937
-
Corporate
-
41 500
-
-
income
-
9 130
-
-
total
-
9 130
-
-
Dividends
-
32 370
-
-
income
-
7 121
-
-
total
-
7 121
-
-
Income
41 500
41 500
41 500
41 500
Total tax
101 730
16 251
12 631
12 820
After tax
-60 230
25 249
28 869
28 680
Living cost
41 428
41 428
41 428
41 428
Free-cash
-101 658
-16 179
-12 559
-12 748

Estimated living cost  is ₽41428 per week

₽26880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽10123
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
-₽2058
-₽1734
₽5182
-₽6858
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
-
-
-
41 500
income
-
-
-
292
health
-
-
-
1 059
social contributions
-
-
-
6 473
total
-
-
-
7 824
Employee
67 552
67 552
67 552
-
health
672
1 149
640
-
income
7 094
6 253
7 149
-
social contributions
3 283
5 606
3 127
-
total
11 049
13 008
10 916
-
Employer
67 552
67 552
67 552
-
health
732
1 250
697
-
social contributions
3 283
5 606
3 127
-
total
4 015
6 856
3 824
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 064
19 864
14 740
7 824
After tax
26 436
21 636
26 760
33 676
Living cost
28 494
28 494
28 494
28 494
Free-cash
-2 058
-6 858
-1 734
5 182

Estimated living cost  is ₽28494 per week

₽19478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6312
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
-₽6374
-₽3788
₽192
-₽46
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
-
-
-
41 500
income
-
-
-
7 832
pensions
-
-
-
2 336
total
-
-
-
10 168
Employee
42 744
-
37 235
-
health
558
-
445
-
pensions
3 262
-
2 601
-
income
7 784
-
6 837
-
total
11 604
-
9 883
-
Employer
42 744
-
37 235
-
health
812
-
707
-
pensions
4 318
-
3 558
-
total
5 130
-
4 265
-
Corporate
-
41 500
-
-
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.

-
7 886
-
-
total
-
7 886
-
-
Dividends
-
33 614
-
-
withholding
-
2 520
-
-
total
-
2 520
-
-
Income
41 500
41 500
41 500
41 500
Total tax
16 734
10 406
14 148
10 168
After tax
24 766
31 094
27 352
31 332
Living cost
31 140
31 140
31 140
31 140
Free-cash
-6 374
-46
-3 788
192

Estimated living cost  is ₽31140 per week

₽21362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
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
-₽32529
-₽14666
-₽12361
-₽13137
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
-
-
-
41 500
municipal
-
-
-
277
regional
-
-
-
591
social contributions
-
-
-
10 674
national
-
-
-
7 322
total
-
-
-
18 864
Employee
74 027
-
41 500
-
social contributions
24 962
-
13 994
-
regional
1 118
-
501
-
national
12 510
-
6 427
-
municipal
442
-
247
-
total
39 032
-
21 169
-
Employer
74 027
-
41 500
-
total
-
-
-
-
Corporate
-
41 500
-
-
nationa
-
9 959
-
-
municipal
-
2 001
-
-
total
-
11 960
-
-
Dividends
-
29 540
-
-
withholding
-
7 680
-
-
total
-
7 680
-
-
Income
41 500
41 500
41 500
41 500
Total tax
39 032
19 640
21 169
18 864
After tax
2 468
21 860
20 331
22 636
Living cost
34 997
34 997
34 997
34 997
Free-cash
-32 529
-13 137
-14 666
-12 361

Estimated living cost  is ₽34997 per week

₽24583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽7477
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
₽466
₽3032
₽9880
-₽15523
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
-
-
-
41 500
pensions
-
-
-
3 572
income
-
-
-
6 757
other
-
-
-
318
health
-
-
-
1 872
accident
-
-
-
217
total
-
-
-
12 736
Employee
29 706
-
34 474
-
health
3 401
-
3 947
-
pensions
3 345
-
3 882
-
income
4 075
-
4 729
-
total
10 821
-
12 558
-
Employer
29 706
-
34 474
-
pensions
4 830
-
5 605
-
accident
496
-
576
-
unemployment
728
-
845
-
total
6 054
-
7 026
-
Corporate
5 740
41 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

5 166
37 350
-
-
total
5 166
37 350
-
-
Dividends
574
4 150
-
-
withholding
109
789
-
-
total
109
789
-
-
Income
41 500
41 500
41 500
41 500
Total tax
22 150
38 139
19 584
12 736
After tax
19 350
3 361
21 916
28 764
Living cost
18 884
18 884
18 884
18 884
Free-cash
466
-15 523
3 032
9 880

Estimated living cost  is ₽18884 per week

₽13841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽3604
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
-₽2210
-₽1574
-₽1667
-₽12372
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.

-
-
-
41 500
trade
-
-
-
93
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.

-
-
-
2 991
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.

-
-
-
6 002
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.

-
-
-
165
total
-
-
-
9 251
Employee

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

43 710
-
41 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 002
-
6 002
-
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.

3 594
-
2 991
-
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
-
165
-
total
9 794
-
9 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
41 500
-
-
income
-
6 225
-
-
trade
-
5 955
-
-
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.

-
342
-
-
chamber of commerce
-
195
-
-
total
-
12 717
-
-
Dividends
-
28 783
-
-
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.

-
377
-
-
withholding
-
6 862
-
-
total
-
7 239
-
-
Income
41 500
41 500
41 500
41 500
Total tax
9 794
19 956
9 158
9 251
After tax
31 706
21 544
32 342
32 249
Living cost
33 916
33 916
33 916
33 916
Free-cash
-2 210
-12 372
-1 574
-1 667

Estimated living cost  is ₽33916 per week

₽23396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6378
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
₽7718
₽5535
₽14233
₽14923
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.

-
-
-
41 500
income
-
-
-
-
microenterprise
-
-
-
6 225
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.

-
-
-
2 766
surtax
-
-
-
-
total
-
-
-
8 991
Employee
25 670
-
33 443
-
income
4 570
-
5 953
-
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.

2 824
-
3 679
-
surtax
-
-
-
-
total
7 394
-
9 632
-
Employer
25 670
-
33 443
-
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.

6 183
-
8 057
-
surtax
-
-
-
-
total
6 183
-
8 057
-
Corporate
9 647
41 500
-
-
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%.

1 929
8 301
-
-
total
1 929
8 301
-
-
Dividends

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

7 718
33 199
-
-
total
-
-
-
-
Income
41 500
41 500
41 500
41 500
Total tax
15 506
8 301
17 689
8 991
After tax
25 994
33 199
23 811
32 509
Living cost
18 276
18 276
18 276
18 276
Free-cash
7 718
14 923
5 535
14 233

Estimated living cost  is ₽18276 per week

₽11660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4461
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
₽14037
₽10881
₽10807
₽15710
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
-
-
-
41 500
income
-
-
-
7 690
health
-
-
-
5 387
pensions
-
-
-
7 430
total
-
-
-
20 507
Employee
15 514
-
33 878
-
health
776
-
1 694
-
unemployment
155
-
339
-
pensions
1 396
-
3 049
-
income
3 001
-
7 730
-
total
5 328
-
12 812
-
Employer
15 514
-
33 878
-
health
1 474
-
3 218
-
pensions
1 707
-
3 726
-
unemployment
310
-
677
-
total
3 491
-
7 621
-
Corporate
22 495
41 500
-
-
income
4 949
9 130
-
-
total
4 949
9 130
-
-
Dividends
17 546
32 370
-
-
withholding
3 509
6 474
-
-
total
3 509
6 474
-
-
Income
41 500
41 500
41 500
41 500
Total tax
17 277
15 604
20 433
20 507
After tax
24 223
25 896
21 067
20 993
Living cost
10 186
10 186
10 186
10 186
Free-cash
14 037
15 710
10 881
10 807

Estimated living cost  is ₽10186 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
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.
₽3074
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
₽3576
₽3065
₽4088
₽6372
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
-
-
-
41 500
pensions
-
-
-
8 301
unemployment
-
-
-
200
income
-
-
-
6 010
other
-
-
-
-
health
-
-
-
2 947
surtax
-
-
-
222
total
-
-
-
17 680
Employee
29 585
-
34 285
-
health
755
-
874
-
unemployment
2 059
-
2 386
-
pensions
1 974
-
2 287
-
income
4 960
-
5 748
-
other
-
-
-
-
surtax
105
-
192
-
total
9 853
-
11 487
-
Employer
29 585
-
34 285
-
health
1 345
-
1 559
-
pensions
3 944
-
4 570
-
unemployment
939
-
1 087
-
other
-
-
-
-
total
6 228
-
7 216
-
Corporate
5 687
41 500
-
-
income
1 479
10 790
-
-
total
1 479
10 790
-
-
Dividends
4 208
30 710
-
-
withholding
632
4 606
-
-
total
632
4 606
-
-
Income
41 500
41 500
41 500
41 500
Total tax
18 192
15 396
18 703
17 680
After tax
23 308
26 104
22 797
23 820
Living cost
19 732
19 732
19 732
19 732
Free-cash
3 576
6 372
3 065
4 088

Estimated living cost  is ₽19732 per week

₽11913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1715
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.
₽5646
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
-₽8786
-₽11672
-₽4663
-₽6357
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
-
-
-
41 500
pensions
-
-
-
7 677
chamber of commerce
-
-
-
167
unemployment
-