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
₽ 42000
per

Your estimated
City
free-cash

Valencia , Spain
-₽381
-₽703
₽4321
-₽704
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
-
-
-
42 000
income
-
-
-
6 022
accident
-
-
-
377
unemployment
-
-
-
294
pensions
-
-
-
11 886
other
-
-
-
42
total
-
-
-
18 621
Employee
32 381
-
31 848
-
other
32
-
32
-
income
6 243
-
6 123
-
unemployment
502
-
494
-
pensions
1 522
-
1 497
-
total
8 299
-
8 146
-
Employer
32 381
-
31 848
-
unemployment
1 782
-
1 752
-
pensions
7 641
-
7 517
-
other
259
-
254
-
accident
641
-
630
-
total
10 323
-
10 153
-
Corporate
-
42 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

-
6 300
-
-
total
-
6 300
-
-
Dividends
-
35 700
-
-
withholding
-
7 297
-
-
total
-
7 297
-
-
Income
42 000
42 000
42 000
42 000
Total tax
18 622
13 597
18 299
18 621
After tax
23 378
28 403
23 701
23 379
Living cost
24 082
24 082
24 082
24 082
Free-cash
-704
4 321
-381
-703

Estimated living cost  is ₽24082 per week

₽16255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2315
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.
₽5090
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
₽1281
-₽591
₽7522
₽1611
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
-
-
-
42 000
income
-
-
-
5 335
health
-
-
-
1 848
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.

-
-
-
10 079
other
-
-
-
1 994
total
-
-
-
19 256
Employee
31 797
-
33 546
-
income
5 474
-
5 775
-
health
445
-
470
-
unemployment
317
-
336
-
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.

2 225
-
2 348
-
total
8 461
-
8 929
-
Employer
31 797
-
33 546
-
unemployment
317
-
336
-
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.

5 406
-
5 704
-
other
1 590
-
1 677
-
accident
254
-
268
-
health
445
-
470
-
total
8 012
-
8 455
-
Corporate
2 189
42 000
-
-
income
460
8 820
-
-
total
460
8 820
-
-
Dividends
1 729
33 180
-
-
withholding
121
2 323
-
-
total
121
2 323
-
-
Income
42 000
42 000
42 000
42 000
Total tax
17 054
11 143
17 384
19 256
After tax
24 946
30 857
24 616
22 744
Living cost
23 335
23 335
23 335
23 335
Free-cash
1 611
7 522
1 281
-591

Estimated living cost  is ₽23335 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1575
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.
₽4896
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
₽16567
₽16125
₽24471
₽20418
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
-
-
-
42 000
income
-
-
-
6 300
health
-
-
-
3 504
unemployment
-
-
-
122
pensions

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

-
-
-
4 510
total
-
-
-
14 436
Employee
15 146
-
36 021
-
income
1 514
-
3 602
-
health
697
-
1 402
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
pensions

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

1 330
-
2 676
-
total
3 708
-
8 015
-
Employer
15 146
-
36 021
-
unemployment
91
-
183
-
pensions

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

1 669
-
3 358
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
health
1 045
-
2 103
-
total
2 972
-
5 979
-
Corporate
23 882
42 000
-
-
income
2 388
4 200
-
-
total
2 388
4 200
-
-
Dividends
21 494
37 800
-
-
withholding
1 075
1 890
-
-
total
1 075
1 890
-
-
Income
42 000
42 000
42 000
42 000
Total tax
10 143
6 090
13 994
14 436
After tax
31 857
35 910
28 006
27 564
Living cost
11 439
11 439
11 439
11 439
Free-cash
20 418
24 471
16 567
16 125

Estimated living cost  is ₽11439 per week

₽6678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
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
-₽4039
-₽4606
-₽8795
-₽7185
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
-
-
-
42 000
income
-
-
-
1 466
social contributions
-
-
-
1 197
health
-
-
-
364
surtax
-
-
-
-
pensions
-
-
-
12 316
other
-
-
-
1 301
total
-
-
-
16 644
Employee
37 480
-
32 004
-
income
2 212
-
1 549
-
social contributions
1 069
-
912
-
surtax
-
-
-
-
pensions
4 238
-
3 621
-
total
7 519
-
6 082
-
Employer
37 480
-
32 004
-
unemployment
1 517
-
1 296
-
social contributions
113
-
96
-
pensions
6 157
-
5 260
-
other
1 293
-
1 103
-
health
2 624
-
2 240
-
total
11 704
-
9 995
-
Corporate
-
42 000
-
-
income
-
11 760
-
-
surtax
-
-
-
-
total
-
11 760
-
-
Dividends
-
30 240
-
-
withholding
-
3 871
-
-
surtax
-
-
-
-
social contributions
-
5 202
-
-
total
-
9 073
-
-
Income
42 000
42 000
42 000
42 000
Total tax
19 223
20 833
16 077
16 644
After tax
22 777
21 167
25 923
25 356
Living cost
29 962
29 962
29 962
29 962
Free-cash
-7 185
-8 795
-4 039
-4 606

Estimated living cost  is ₽29962 per week

₽18892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
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.
₽8125
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
-₽44962
-₽12592
-₽40046
-₽44962
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
-
-
-
42 000
income
-
-
-
3 898
health
-
-
-
6 448
pensions
-
-
-
7 560
total
-
-
-
17 906
Employee
74 785
74 785
74 785
-
income

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

12 241
12 241
12 241
-
health
11 479
9 764
11 479
-
pensions
13 461
10 260
13 461
-
total
37 181
32 265
37 181
-
Employer
74 785
74 785
74 785
-
unemployment
2 692
2 692
2 692
-
pensions
5 205
5 205
5 205
-
health
5 198
5 198
5 198
-
total
13 095
13 095
13 095
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
42 000
42 000
42 000
42 000
Total tax
50 276
45 360
50 276
17 906
After tax
-8 276
-3 360
-8 276
24 094
Living cost
36 686
36 686
36 686
36 686
Free-cash
-44 962
-40 046
-44 962
-12 592

Estimated living cost  is ₽36686 per week

₽25999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
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.
₽6797
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
₽6165
₽5962
-₽5158
₽4528
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.

-
-
-
42 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
3 153
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.

-
-
-
5 983
trade
-
-
-
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.

-
-
-
173
total
-
-
-
9 512
Employee

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

33 495
-
42 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

936
-
3 153
-
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.

5 983
-
5 983
-
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
-
173
-
total
6 971
-
9 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 505
42 000
-
-
chamber of commerce
145
193
-
-
income
1 276
6 300
-
-
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.

70
347
-
-
trade
1 339
6 614
-
-
total
2 830
13 454
-
-
Dividends
5 674
28 545
-
-
withholding
1 085
6 804
-
-
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.

60
374
-
-
total
1 145
7 178
-
-
Income
42 000
42 000
42 000
42 000
Total tax
10 946
20 632
9 309
9 512
After tax
31 054
21 368
32 691
32 488
Living cost
26 526
26 526
26 526
26 526
Free-cash
4 528
-5 158
6 165
5 962

Estimated living cost  is ₽26526 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
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.
₽6252
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
₽6933
₽13707
₽1921
₽5963
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
-
-
-
42 000
income
-
-
-
394
social contributions
-
-
-
6 553
health
-
-
-
1 070
total
-
-
-
8 017
Employee
67 340
67 340
67 340
-
income
7 332
6 234
7 110
-
social contributions
2 546
5 589
3 164
-
health
522
1 145
648
-
total
10 400
12 968
10 922
-
Employer
67 340
67 340
67 340
-
social contributions
2 546
5 589
3 164
-
health
567
1 246
705
-
total
3 113
6 835
3 869
-
Corporate
8 211
-
-
-
income
1 027
-
-
-
total
1 027
-
-
-
Dividends
7 184
-
-
-
withholding
1 221
-
-
-
total
1 221
-
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 761
19 803
14 791
8 017
After tax
26 239
22 197
27 209
33 983
Living cost
20 276
20 276
20 276
20 276
Free-cash
5 963
1 921
6 933
13 707

Estimated living cost  is ₽20276 per week

₽12152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5687
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
-₽3892
-₽2951
-₽3579
-₽7844
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.

-
-
-
42 000
income
-
-
-
2 887
social contributions

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

-
-
-
14 595
surtax
-
-
-
-
total
-
-
-
17 482
Employee
40 277
-
33 940
-
income
8 378
-
6 630
-
social contributions
4 431
-
3 733
-
surtax
-
-
-
-
total
12 809
-
10 363
-
Employer
40 277
-
33 940
-
social contributions
9 566
-
8 060
-
total
9 566
-
8 060
-
Corporate
-
42 000
-
-
income
-
8 820
-
-
surtax
-
-
-
-
total
-
8 820
-
-
Dividends
-
33 180
-
-
withholding
-
9 290
-
-
total
-
9 290
-
-
Income
42 000
42 000
42 000
42 000
Total tax
22 375
18 110
18 423
17 482
After tax
19 625
23 890
23 577
24 518
Living cost
27 469
27 469
27 469
27 469
Free-cash
-7 844
-3 579
-3 892
-2 951

Estimated living cost  is ₽27469 per week

₽20553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽4838
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
₽27312
₽35292
₽33612
₽32434
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%.

-
-
-
42 000
microenterprise

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

-
-
-
420
total
-
-
-
420
Employee
7 859
-
42 000
-
income
1 572
-
8 400
-
total
1 572
-
8 400
-
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%.

34 141
42 000
-
-
total
-
-
-
-
Dividends
34 141
42 000
-
-
withholding
1 707
2 100
-
-
total
1 707
2 100
-
-
Income
42 000
42 000
42 000
42 000
Total tax
3 279
2 100
8 400
420
After tax
38 721
39 900
33 600
41 580
Living cost
6 288
6 288
6 288
6 288
Free-cash
32 434
33 612
27 312
35 292

Estimated living cost  is ₽6288 per week

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

Additional information

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

Ljubljana , Slovenia
-₽1358
-₽25
₽5427
-₽2755
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.

-
-
-
42 000
income
-
-
-
6 670
health
-
-
-
4 133
unemployment
-
-
-
63
pensions
-
-
-
7 670
total
-
-
-
18 536
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.

38 726
-
36 341
-
income
6 678
-
6 178
-
health
2 501
-
2 348
-
unemployment
55
-
52
-
pensions
6 003
-
5 632
-
total
15 237
-
14 210
-
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.

38 726
-
36 341
-
unemployment
23
-
22
-
pensions
3 427
-
3 216
-
health
2 579
-
2 421
-
total
6 029
-
5 659
-
Corporate
-
42 000
-
-
income
-
7 980
-
-
total
-
7 980
-
-
Dividends
-
34 020
-
-
withholding
-
5 104
-
-
total
-
5 104
-
-
Income
42 000
42 000
42 000
42 000
Total tax
21 266
13 084
19 869
18 536
After tax
20 734
28 916
22 131
23 464
Living cost
23 489
23 489
23 489
23 489
Free-cash
-2 755
5 427
-1 358
-25

Estimated living cost  is ₽23489 per week

₽16120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
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.
₽5409
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
-₽1351
-₽20428
-₽8584
-₽4813
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.

-
-
-
42 000
income
-
-
-
24 928
health

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

-
-
-
5 710
total
-
-
-
30 638
Employee
40 174
-
38 174
-
social contributions
4 025
-
3 826
-
income
4 359
-
3 909
-
total
8 384
-
7 735
-
Employer
40 174
-
38 174
-
social contributions
4 025
-
3 826
-
total
4 025
-
3 826
-
Corporate
-
42 000
-
-
income
-
14 699
-
-
total
-
14 699
-
-
Dividends
-
27 301
-
-
social contributions
2 614
4 095
-
-
total
2 614
4 095
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 023
18 794
11 561
30 638
After tax
26 977
23 206
30 439
11 362
Living cost
31 790
31 790
31 790
31 790
Free-cash
-4 813
-8 584
-1 351
-20 428

Estimated living cost  is ₽31790 per week

₽20940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7856
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
₽6917
₽8401
₽7054
₽7510
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
-
-
-
42 000
income
-
-
-
6 300
social contributions
-
-
-
5 797
health
-
-
-
2 932
total
-
-
-
15 029
Employee
29 693
-
42 000
-
income
4 952
-
7 784
-
social contributions
4 098
-
5 797
-
health
2 072
-
2 932
-
total
11 122
-
16 513
-
Employer
29 693
-
42 000
-
total
-
-
-
-
Corporate
12 307
42 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

615
2 101
-
-
total
615
2 101
-
-
Dividends
11 692
39 899
-
-
withholding
1 753
5 984
-
-
health
816
2 785
-
-
social contributions
1 614
5 506
-
-
total
4 183
14 275
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 920
16 376
16 513
15 029
After tax
26 080
25 624
25 487
26 971
Living cost
18 570
18 570
18 570
18 570
Free-cash
7 510
7 054
6 917
8 401

Estimated living cost  is ₽18570 per week

₽12428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
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.
₽4569
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
-₽2392
-₽3250
₽5211
-₽4714
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
-
-
-
42 000
income
-
-
-
3 610
social contributions
-
-
-
12 264
solidarity contribution
-
-
-
-
health
-
-
-
5 670
total
-
-
-
21 544
Employee
34 862
-
31 343
-
solidarity contribution
-
-
-
-
income
4 183
-
3 761
-
social contributions
2 266
-
2 037
-
health
4 706
-
4 231
-
total
11 155
-
10 029
-
Employer
34 862
-
31 343
-
social contributions
8 715
-
7 836
-
health
3 138
-
2 821
-
total
11 853
-
10 657
-
Corporate
-
42 000
-
-
income
-
7 980
-
-
total
-
7 980
-
-
Dividends
-
34 020
-
-
withholding
-
5 103
-
-
total
-
5 103
-
-
Income
42 000
42 000
42 000
42 000
Total tax
23 008
13 083
20 686
21 544
After tax
18 992
28 917
21 314
20 456
Living cost
23 706
23 706
23 706
23 706
Free-cash
-4 714
5 211
-2 392
-3 250

Estimated living cost  is ₽23706 per week

₽17629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽4353
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
₽23802
₽31782
₽30102
₽28264
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%.

-
-
-
42 000
microenterprise

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

-
-
-
420
total
-
-
-
420
Employee
12 248
-
42 000
-
income
2 450
-
8 400
-
total
2 450
-
8 400
-
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%.

29 752
42 000
-
-
total
-
-
-
-
Dividends
29 752
42 000
-
-
withholding
1 488
2 100
-
-
total
1 488
2 100
-
-
Income
42 000
42 000
42 000
42 000
Total tax
3 938
2 100
8 400
420
After tax
38 062
39 900
33 600
41 580
Living cost
9 798
9 798
9 798
9 798
Free-cash
28 264
30 102
23 802
31 782

Estimated living cost  is ₽9798 per week

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

Additional information

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

Paris , France
-₽16374
-₽16941
-₽21130
-₽29980
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
-
-
-
42 000
income
-
-
-
1 466
social contributions
-
-
-
1 197
health
-
-
-
364
surtax
-
-
-
-
pensions
-
-
-
12 316
other
-
-
-
1 301
total
-
-
-
16 644
Employee
54 849
-
32 004
-
income
4 786
-
1 549
-
social contributions
1 562
-
912
-
surtax
-
-
-
-
pensions
6 204
-
3 621
-
total
12 552
-
6 082
-
Employer
54 849
-
32 004
-
unemployment
2 222
-
1 296
-
social contributions
165
-
96
-
pensions
9 012
-
5 260
-
other
1 893
-
1 103
-
health
3 839
-
2 240
-
total
17 131
-
9 995
-
Corporate
-
42 000
-
-
income
-
11 760
-
-
surtax
-
-
-
-
total
-
11 760
-
-
Dividends
-
30 240
-
-
withholding
-
3 871
-
-
surtax
-
-
-
-
social contributions
-
5 202
-
-
total
-
9 073
-
-
Income
42 000
42 000
42 000
42 000
Total tax
29 683
20 833
16 077
16 644
After tax
12 317
21 167
25 923
25 356
Living cost
42 297
42 297
42 297
42 297
Free-cash
-29 980
-21 130
-16 374
-16 941

Estimated living cost  is ₽42297 per week

₽28626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
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.
₽9631
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
₽7720
₽5912
₽15243
₽10945
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.

-
-
-
42 000
income
-
-
-
5 110
health
-
-
-
4 326
unemployment
-
-
-
630
pensions
-
-
-
10 920
total
-
-
-
20 986
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.

22 773
-
35 623
-
income
3 139
-
5 712
-
health
1 173
-
1 835
-
unemployment
171
-
267
-
pensions
3 188
-
4 987
-
total
7 671
-
12 801
-
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.

22 773
-
35 623
-
unemployment
171
-
267
-
pensions
2 733
-
4 275
-
health
1 173
-
1 835
-
total
4 077
-
6 377
-
Corporate
15 151
42 000
-
-
income
2 273
6 300
-
-
total
2 273
6 300
-
-
Dividends
12 878
35 700
-
-
withholding
1 932
5 355
-
-
total
1 932
5 355
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 953
11 655
19 178
20 986
After tax
26 047
30 345
22 822
21 014
Living cost
15 102
15 102
15 102
15 102
Free-cash
10 945
15 243
7 720
5 912

Estimated living cost  is ₽15102 per week

₽10168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3329
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
-₽27703
-₽25485
-₽41982
-₽36427
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
-
-
-
42 000
regional
-
-
-
841
national
-
-
-
110
health
-
-
-
200
city
-
-
-
442
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.

-
-
-
841
pensions
-
-
-
3 864
total
-
-
-
6 298
Employee
71 605
-
37 553
-
regional
2 345
-
712
-
city
768
-
402
-
health
162
-
85
-
unemployment
-
-
-
-
national
339
-
85
-
pensions
6 016
-
3 198
-
total
9 630
-
4 482
-
Employer
71 605
-
37 553
-
unemployment
-
-
-
-
pensions
6 016
-
3 198
-
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.

1 432
-
751
-
health
162
-
85
-
total
7 610
-
4 034
-
Corporate
-
42 000
-
-
regional
-
8 884
-
-
national
-
3 570
-
-
total
-
12 454
-
-
Dividends
-
29 546
-
-
withholding
-
10 341
-
-
total
-
10 341
-
-
Income
42 000
42 000
42 000
42 000
Total tax
17 240
22 795
8 516
6 298
After tax
24 760
19 205
33 484
35 702
Living cost
61 187
61 187
61 187
61 187
Free-cash
-36 427
-41 982
-27 703
-25 485

Estimated living cost  is ₽61187 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
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.
₽15156
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
-₽7365
-₽161
-₽4556
-₽12768
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

-
-
-
42 000
municipal
-
-
-
7 510
national
-
-
-
748
health
-
-
-
281
total
-
-
-
8 539
Employee
46 075
-
35 333
-
health
344
-
178
-
unemployment
691
-
530
-
national
761
-
179
-
municipal
7 547
-
5 803
-
pensions
3 109
-
2 385
-
total
12 452
-
9 075
-
Employer
46 075
-
35 333
-
unemployment
299
-
229
-
pensions
7 994
-
6 131
-
accident
47
-
35
-
health
354
-
273
-
total
8 694
-
6 668
-
Corporate
-
42 000
-
-
income
-
8 399
-
-
total
-
8 399
-
-
Dividends

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

-
25 201
-
-
national
-
-
-
-
municipal
-
4 535
-
-
total
-
4 535
-
-
Income
42 000
42 000
42 000
42 000
Total tax
21 146
12 934
15 743
8 539
After tax
20 854
29 066
26 257
33 461
Living cost
33 622
33 622
33 622
33 622
Free-cash
-12 768
-4 556
-7 365
-161

Estimated living cost  is ₽33622 per week

₽21962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
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
-₽13359
-₽8158
-₽8208
-₽38877
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
-
-
-
42 000
national
-
-
-
11 860
social contributions
-
-
-
4 092
communal

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

-
-
-
2 275
total
-
-
-
18 227
Employee

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

62 642
-
32 529
-
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.

2 943
-
1 529
-
communal

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

3 267
-
1 697
-
unemployment

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

545
-
283
-
national
19 259
-
8 008
-
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.

4 698
-
2 440
-
total
30 712
-
13 957
-
Employer

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

62 642
-
32 529
-
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.

914
-
475
-
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.

5 551
-
2 882
-
surtax
7 103
-
3 689
-
accident

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

814
-
424
-
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.

3 852
-
2 001
-
total
18 234
-
9 471
-
Corporate
-
42 000
-
-
income
-
8 399
-
-
surtax
-
168
-
-
total
-
8 567
-
-
Dividends
-
33 433
-
-
withholding

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

-
9 710
-
-
total
-
9 710
-
-
Income
42 000
42 000
42 000
42 000
Total tax
48 946
18 277
23 428
18 227
After tax
-6 946
23 723
18 572
23 773
Living cost
31 931
31 931
31 931
31 931
Free-cash
-38 877
-8 208
-13 359
-8 158

Estimated living cost  is ₽31931 per week

₽20568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
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.
₽8072
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
-₽13446
-₽14937
-₽12942
-₽25178
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
-
-
-
42 000
municipal
-
-
-
8 896
national
-
-
-
-
health
-
-
-
2 621
accident
-
-
-
84
unemployment
-
-
-
42
pensions
-
-
-
4 540
other
-
-
-
4 880
total
-
-
-
21 063
Employee
51 118
-
31 959
-
national
-
-
-
-
municipal
15 243
-
9 530
-
total
15 243
-
9 530
-
Employer
51 118
-
31 959
-
unemployment
1 349
-
844
-
pensions
5 526
-
3 455
-
other
5 940
-
3 714
-
accident
102
-
64
-
health
3 144
-
1 965
-
total
16 061
-
10 042
-
Corporate
-
42 000
-
-
income
-
9 240
-
-
total
-
9 240
-
-
Dividends
-
32 760
-
-
withholding
-
9 828
-
-
total
-
9 828
-
-
Income
42 000
42 000
42 000
42 000
Total tax
31 304
19 068
19 572
21 063
After tax
10 696
22 932
22 428
20 937
Living cost
35 874
35 874
35 874
35 874
Free-cash
-25 178
-12 942
-13 446
-14 937

Estimated living cost  is ₽35874 per week

₽23776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽8537
-₽9704
-₽13176
-₽91833
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
-
-
-
42 000
income
-
-
-
8 187
social contributions
-
-
-
4 788
total
-
-
-
12 975
Employee
55 532
-
-
-
income
12 249
-
-
-
social contributions
4 554
-
649
-
total
16 803
-
649
-
Employer
55 532
-
-
-
social contributions
78 301
-
11 159
-
total
78 301
-
11 159
-
Corporate
-
42 000
-
-
income
-
9 240
-
-
total
-
9 240
-
-
Dividends
-
32 760
-
-
income
-
7 207
-
-
total
-
7 207
-
-
Income
42 000
42 000
42 000
42 000
Total tax
95 104
16 447
11 808
12 975
After tax
-53 104
25 553
30 192
29 025
Living cost
38 729
38 729
38 729
38 729
Free-cash
-91 833
-13 176
-8 537
-9 704

Estimated living cost  is ₽38729 per week

₽25129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9464
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
-₽1196
₽5578
-₽6208
-₽1420
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
-
-
-
42 000
income
-
-
-
394
social contributions
-
-
-
6 553
health
-
-
-
1 070
total
-
-
-
8 017
Employee
67 340
67 340
67 340
-
income
7 071
6 234
7 110
-
social contributions
3 272
5 589
3 164
-
health
670
1 145
648
-
total
11 013
12 968
10 922
-
Employer
67 340
67 340
67 340
-
social contributions
3 272
5 589
3 164
-
health
730
1 246
705
-
total
4 002
6 835
3 869
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 015
19 803
14 791
8 017
After tax
26 985
22 197
27 209
33 983
Living cost
28 405
28 405
28 405
28 405
Free-cash
-1 420
-6 208
-1 196
5 578

Estimated living cost  is ₽28405 per week

₽19417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
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
-₽4005
₽13
-₽233
-₽6741
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
-
-
-
42 000
income
-
-
-
7 929
pensions
-
-
-
2 355
total
-
-
-
10 284
Employee
43 517
-
37 692
-
income
7 925
-
6 925
-
health
568
-
447
-
pensions
3 321
-
2 622
-
total
11 814
-
9 994
-
Employer
43 517
-
37 692
-
pensions
4 397
-
3 592
-
health
827
-
716
-
total
5 224
-
4 308
-
Corporate
-
42 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
7 979
-
-
total
-
7 979
-
-
Dividends
-
34 021
-
-
withholding
-
2 551
-
-
total
-
2 551
-
-
Income
42 000
42 000
42 000
42 000
Total tax
17 038
10 530
14 302
10 284
After tax
24 962
31 470
27 698
31 716
Living cost
31 703
31 703
31 703
31 703
Free-cash
-6 741
-233
-4 005
13

Estimated living cost  is ₽31703 per week

₽21748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
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.
₽6641
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
-₽14332
-₽11999
-₽12763
-₽31796
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
-
-
-
42 000
municipal
-
-
-
281
regional
-
-
-
602
national
-
-
-
7 427
social contributions
-
-
-
10 802
total
-
-
-
19 112
Employee
73 796
-
42 000
-
regional
1 114
-
511
-
social contributions
24 883
-
14 163
-
national
12 471
-
6 520
-
municipal
440
-
251
-
total
38 908
-
21 445
-
Employer
73 796
-
42 000
-
total
-
-
-
-
Corporate
-
42 000
-
-
nationa
-
10 079
-
-
municipal
-
2 024
-
-
total
-
12 103
-
-
Dividends
-
29 896
-
-
withholding
-
7 773
-
-
total
-
7 773
-
-
Income
42 000
42 000
42 000
42 000
Total tax
38 908
19 876
21 445
19 112
After tax
3 092
22 124
20 555
22 888
Living cost
34 888
34 888
34 888
34 888
Free-cash
-31 796
-12 763
-14 332
-11 999

Estimated living cost  is ₽34888 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
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.
₽7454
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
₽4133
₽11035
-₽14643
₽634
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
-
-
-
42 000
income
-
-
-
7 207
health
-
-
-
1 789
accident
-
-
-
207
pensions
-
-
-
3 413
other
-
-
-
304
total
-
-
-
12 920
Employee
28 385
-
34 890
-
income
3 894
-
4 787
-
health
3 250
-
3 995
-
pensions
3 196
-
3 929
-
total
10 340
-
12 711
-
Employer
28 385
-
34 890
-
unemployment
695
-
855
-
pensions
4 616
-
5 673
-
accident
474
-
583
-
total
5 785
-
7 111
-
Corporate
7 830
42 000
-
-
income

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

7 047
37 800
-
-
total
7 047
37 800
-
-
Dividends
783
4 200
-
-
withholding
149
798
-
-
total
149
798
-
-
Income
42 000
42 000
42 000
42 000
Total tax
23 321
38 598
19 822
12 920
After tax
18 679
3 402
22 178
29 080
Living cost
18 045
18 045
18 045
18 045
Free-cash
634
-14 643
4 133
11 035

Estimated living cost  is ₽18045 per week

₽13225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
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.
₽3443
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
-₽1119
-₽1303
-₽12011
-₽1574
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.

-
-
-
42 000
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
3 153
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.

-
-
-
5 983
trade
-
-
-
184
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.

-
-
-
173
total
-
-
-
9 493
Employee

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

43 574
-
42 000
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 583
-
3 153
-
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.

5 983
-
5 983
-
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
-
173
-
total
9 764
-
9 309
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
42 000
-
-
chamber of commerce
-
194
-
-
income
-
6 300
-
-
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.

-
347
-
-
trade
-
6 028
-
-
total
-
12 869
-
-
Dividends
-
29 130
-
-
withholding
-
6 950
-
-
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.

-
382
-
-
total
-
7 332
-
-
Income
42 000
42 000
42 000
42 000
Total tax
9 764
20 201
9 309
9 493
After tax
32 236
21 799
32 691
32 507
Living cost
33 810
33 810
33 810
33 810
Free-cash
-1 574
-12 011
-1 119
-1 303

Estimated living cost  is ₽33810 per week

₽23323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3638
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.
₽6358
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
₽5881
₽14724
₽15382
₽8198
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.

-
-
-
42 000
microenterprise
-
-
-
6 300
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.

-
-
-
2 757
surtax
-
-
-
-
total
-
-
-
9 057
Employee
25 590
-
33 847
-
income
4 555
-
6 024
-
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.

2 815
-
3 723
-
surtax
-
-
-
-
total
7 370
-
9 747
-
Employer
25 590
-
33 847
-
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.

6 164
-
8 153
-
surtax
-
-
-
-
total
6 164
-
8 153
-
Corporate
10 246
42 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

2 049
8 399
-
-
total
2 049
8 399
-
-
Dividends

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

8 197
33 601
-
-
total
-
-
-
-
Income
42 000
42 000
42 000
42 000
Total tax
15 583
8 399
17 900
9 057
After tax
26 417
33 601
24 100
32 943
Living cost
18 219
18 219
18 219
18 219
Free-cash
8 198
15 382
5 881
14 724

Estimated living cost  is ₽18219 per week

₽11623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽4447
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
₽10214
₽9292
₽14863
₽12998
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
-
-
-
42 000
income
-
-
-
7 088
health
-
-
-
6 000
pensions
-
-
-
8 275
total
-
-
-
21 363
Employee
17 279
-
34 286
-
income
3 343
-
7 584
-
health
864
-
1 714
-
unemployment
173
-
343
-
pensions
1 555
-
3 086
-
total
5 935
-
12 727
-
Employer
17 279
-
34 286
-
unemployment
346
-
686
-
pensions
1 901
-
3 771
-
health
1 642
-
3 257
-
total
3 889
-
7 714
-
Corporate
20 833
42 000
-
-
income
4 583
9 240
-
-
total
4 583
9 240
-
-
Dividends
16 249
32 760
-
-
withholding
3 250
6 552
-
-
total
3 250
6 552
-
-
Income
42 000
42 000
42 000
42 000
Total tax
17 657
15 792
20 441
21 363
After tax
24 343
26 208
21 559
20 637
Living cost
11 345
11 345
11 345
11 345
Free-cash
12 998
14 863
10 214
9 292

Estimated living cost  is ₽11345 per week

₽6742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3423
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
₽3392
₽4436
₽6748
₽3960
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
-
-
-
42 000
income
-
-
-
6 084
health
-
-
-
2 981
unemployment
-
-
-
199
surtax
-
-
-
231
pensions
-
-
-
8 399
other
-
-
-
-
total
-
-
-
17 894
Employee
29 492
-
34 696
-
other
-
-
-
-
income
4 944
-
5 817
-
health
753
-
886
-
unemployment
2 052
-
2 415
-
surtax
105
-
201
-
pensions
1 968
-
2 315
-
total
9 822
-
11 634
-
Employer
29 492
-
34 696
-
unemployment
936
-
1 100
-
pensions
3 932
-
4 625
-
other
-
-
-
-
health
1 341
-
1 579
-
total
6 209
-
7 304
-
Corporate
6 299
42 000
-
-
income
1 639
10 920
-
-
total
1 639
10 920
-
-
Dividends
4 661
31 080
-
-
withholding
700
4 662
-
-
total
700
4 662
-
-
Income
42 000
42 000
42 000
42 000
Total tax
18 370
15 582
18 938
17 894
After tax
23 630
26 418
23 062
24 106
Living cost
19 670
19 670
19 670
19 670
Free-cash
3 960
6 748
3 392
4 436

Estimated living cost  is ₽19670 per week

₽11876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
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.
₽5629
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
-₽11316
-₽4300
-₽5710
-₽8128
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
-
-
-
42 000
income
-
-
-
1 841
chamber of commerce
-
-
-
168
health
-