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
₽ 42500
per

Your estimated
City
free-cash

Valencia , Spain
₽2951
₽2302
₽1986
₽7167
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
-
-
-
42 500
unemployment
-
-
-
297
income
-
-
-
6 214
other
-
-
-
43
accident
-
-
-
382
pensions
-
-
-
12 027
total
-
-
-
18 963
Employee
28 978
-
32 226
-
unemployment
449
-
500
-
pensions
1 362
-
1 514
-
income
5 587
-
6 326
-
other
28
-
33
-
total
7 426
-
8 373
-
Employer
28 978
-
32 226
-
pensions
6 838
-
7 606
-
accident
574
-
638
-
unemployment
1 594
-
1 773
-
other
232
-
257
-
total
9 238
-
10 274
-
Corporate
4 283
42 500
-
-
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.

642
6 374
-
-
total
642
6 374
-
-
Dividends
3 641
36 126
-
-
withholding
692
7 408
-
-
total
692
7 408
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 998
13 782
18 647
18 963
After tax
24 502
28 718
23 853
23 537
Living cost
21 551
21 551
21 551
21 551
Free-cash
2 951
7 167
2 302
1 986

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
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.
₽4555
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
₽5048
₽4028
₽2130
₽10342
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
-
-
-
42 500
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.

-
-
-
10 201
income
-
-
-
5 399
other
-
-
-
2 018
health
-
-
-
1 869
total
-
-
-
19 487
Employee
28 456
-
33 945
-
health
399
-
476
-
unemployment
284
-
339
-
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.

1 991
-
2 377
-
income
4 899
-
5 843
-
total
7 573
-
9 035
-
Employer
28 456
-
33 945
-
health
399
-
476
-
pensions

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

4 838
-
5 770
-
accident
228
-
272
-
unemployment
284
-
339
-
other
1 423
-
1 697
-
total
7 172
-
8 554
-
Corporate
6 873
42 500
-
-
income
1 443
8 925
-
-
total
1 443
8 925
-
-
Dividends
5 430
33 575
-
-
withholding
381
2 350
-
-
total
381
2 350
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 569
11 275
17 589
19 487
After tax
25 931
31 225
24 911
23 013
Living cost
20 883
20 883
20 883
20 883
Free-cash
5 048
10 342
4 028
2 130

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
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.
₽4381
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
₽22428
₽19186
₽18548
₽26068
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
-
-
-
42 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
6 375
health
-
-
-
3 147
total
-
-
-
13 681
Employee
13 600
-
37 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
3 713
-
total
3 330
-
7 676
-
Employer
13 600
-
37 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
26 232
42 500
-
-
income
2 623
4 250
-
-
total
2 623
4 250
-
-
Dividends
23 609
38 250
-
-
withholding
1 180
1 912
-
-
total
1 180
1 912
-
-
Income
42 500
42 500
42 500
42 500
Total tax
9 802
6 162
13 044
13 681
After tax
32 698
36 338
29 456
28 819
Living cost
10 270
10 270
10 270
10 270
Free-cash
22 428
26 068
19 186
18 548

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
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.
₽3269
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
-₽1515
-₽852
-₽1287
-₽5392
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
-
-
-
42 500
income
-
-
-
1 777
other
-
-
-
1 318
health
-
-
-
369
social contributions
-
-
-
1 211
pensions
-
-
-
12 299
surtax
-
-
-
-
total
-
-
-
16 974
Employee
33 541
-
32 387
-
pensions
3 792
-
3 663
-
income
1 980
-
1 840
-
social contributions
956
-
922
-
surtax
-
-
-
-
total
6 728
-
6 425
-
Employer
33 541
-
32 387
-
health
2 348
-
2 267
-
social contributions
101
-
97
-
pensions
5 510
-
5 321
-
unemployment
1 358
-
1 312
-
other
1 157
-
1 117
-
total
10 474
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
social contributions
-
5 263
-
-
surtax
-
-
-
-
withholding
-
3 917
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 202
21 079
16 539
16 974
After tax
25 298
21 421
25 961
25 526
Living cost
26 813
26 813
26 813
26 813
Free-cash
-1 515
-5 392
-852
-1 287

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
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.
₽7271
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
-₽35324
-₽35324
-₽8506
-₽30924
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
-
-
-
42 500
pensions
-
-
-
7 650
income
-
-
-
4 001
health
-
-
-
6 524
total
-
-
-
18 175
Employee
66 925
66 925
66 925
-
health
10 272
8 737
10 272
-
pensions
12 047
9 182
12 047
-
income

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

10 955
10 955
10 955
-
total
33 274
28 874
33 274
-
Employer
66 925
66 925
66 925
-
health
4 652
4 652
4 652
-
pensions
4 658
4 658
4 658
-
unemployment
2 409
2 409
2 409
-
total
11 719
11 719
11 719
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
44 993
40 593
44 993
18 175
After tax
-2 493
1 907
-2 493
24 325
Living cost
32 831
32 831
32 831
32 831
Free-cash
-35 324
-30 924
-35 324
-8 506

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽6083
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
₽6524
₽8985
₽8030
-₽2146
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.

-
-
-
42 500
trade
-
-
-
955
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.

-
-
-
4 192
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.

-
-
-
5 354
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.

-
-
-
231
total
-
-
-
10 732
Employee

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

29 975
-
42 500
-
health

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

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

5 354
-
5 354
-
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.

837
-
4 192
-
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.

46
-
231
-
total
6 237
-
9 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 525
42 500
-
-
income
1 878
6 374
-
-
trade
1 972
6 694
-
-
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.

103
351
-
-
chamber of commerce
137
180
-
-
total
4 090
13 599
-
-
Dividends
8 435
28 901
-
-
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.

100
381
-
-
withholding
1 811
6 928
-
-
total
1 911
7 309
-
-
Income
42 500
42 500
42 500
42 500
Total tax
12 238
20 908
9 777
10 732
After tax
30 262
21 592
32 723
31 768
Living cost
23 738
23 738
23 738
23 738
Free-cash
6 524
-2 146
8 985
8 030

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5595
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
₽8907
₽10352
₽15484
₽6632
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
-
-
-
42 500
income
-
-
-
1 157
health
-
-
-
1 084
social contributions
-
-
-
6 630
total
-
-
-
8 871
Employee
60 263
60 263
60 263
-
health
467
1 025
656
-
income
6 562
5 579
6 229
-
social contributions
2 278
5 002
3 202
-
total
9 307
11 606
10 087
-
Employer
60 263
60 263
60 263
-
health
507
1 115
714
-
social contributions
2 278
5 002
3 202
-
total
2 785
6 117
3 916
-
Corporate
12 262
-
-
-
income
1 533
-
-
-
total
1 533
-
-
-
Dividends
10 729
-
-
-
withholding
1 823
-
-
-
total
1 823
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 448
17 723
14 003
8 871
After tax
27 052
24 777
28 497
33 629
Living cost
18 145
18 145
18 145
18 145
Free-cash
8 907
6 632
10 352
15 484

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
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.
₽5089
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
-₽2104
-₽984
₽46
-₽408
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.

-
-
-
42 500
income
-
-
-
3 104
social contributions

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

-
-
-
14 768
surtax
-
-
-
-
total
-
-
-
17 872
Employee
36 044
-
34 343
-
income
7 497
-
6 968
-
social contributions
3 965
-
3 778
-
surtax
-
-
-
-
total
11 462
-
10 746
-
Employer
36 044
-
34 343
-
social contributions
8 560
-
8 156
-
total
8 560
-
8 156
-
Corporate
-
42 500
-
-
income
-
8 925
-
-
surtax
-
-
-
-
total
-
8 925
-
-
Dividends
-
33 575
-
-
withholding
-
9 401
-
-
total
-
9 401
-
-
Income
42 500
42 500
42 500
42 500
Total tax
20 022
18 326
18 902
17 872
After tax
22 478
24 174
23 598
24 628
Living cost
24 582
24 582
24 582
24 582
Free-cash
-2 104
-408
-984
46

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
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.
₽4329
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
₽33162
₽27926
₽36001
₽34301
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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
7 592
-
42 500
-
income
1 518
-
8 500
-
total
1 518
-
8 500
-
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%.

34 908
42 500
-
-
total
-
-
-
-
Dividends
34 908
42 500
-
-
withholding
1 746
2 125
-
-
total
1 746
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 264
2 125
8 500
425
After tax
39 236
40 375
34 000
42 075
Living cost
6 074
6 074
6 074
6 074
Free-cash
33 162
34 301
27 926
36 001

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
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.
₽1638
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
₽1685
₽1202
₽2540
₽8239
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.

-
-
-
42 500
pensions
-
-
-
7 762
unemployment
-
-
-
64
income
-
-
-
6 931
health
-
-
-
4 182
total
-
-
-
18 939
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.

34 656
-
36 774
-
health
2 238
-
2 377
-
unemployment
49
-
52
-
pensions
5 372
-
5 701
-
income
5 976
-
6 422
-
total
13 635
-
14 552
-
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.

34 656
-
36 774
-
health
2 308
-
2 449
-
pensions
3 067
-
3 254
-
unemployment
21
-
22
-
total
5 396
-
5 725
-
Corporate
2 449
42 500
-
-
income
466
8 076
-
-
total
466
8 076
-
-
Dividends
1 983
34 424
-
-
withholding
297
5 164
-
-
total
297
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
19 794
13 240
20 277
18 939
After tax
22 706
29 260
22 223
23 561
Living cost
21 021
21 021
21 021
21 021
Free-cash
1 685
8 239
1 202
2 540

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
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.
₽4841
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
-₽424
₽2205
-₽13212
-₽4964
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.

-
-
-
42 500
income
-
-
-
22 308
health

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

-
-
-
4 955
total
-
-
-
27 263
Employee
35 952
-
38 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
4 636
-
total
7 503
-
8 241
-
Employer
35 952
-
38 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
2 946
42 500
-
-
income
1 031
14 875
-
-
total
1 031
14 875
-
-
Dividends
1 915
27 625
-
-
social contributions
2 339
4 140
-
-
total
2 339
4 140
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 475
19 015
11 846
27 263
After tax
28 025
23 485
30 654
15 237
Living cost
28 449
28 449
28 449
28 449
Free-cash
-424
-4 964
2 205
-13 212

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
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
₽9717
₽8953
₽10675
₽9312
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
-
-
-
42 500
income
-
-
-
6 374
health
-
-
-
2 967
social contributions
-
-
-
5 866
total
-
-
-
15 207
Employee
26 572
-
42 500
-
health
1 855
-
2 967
-
income
4 432
-
8 096
-
social contributions
3 668
-
5 866
-
total
9 955
-
16 929
-
Employer
26 572
-
42 500
-
total
-
-
-
-
Corporate
15 928
42 500
-
-
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%.

796
2 125
-
-
total
796
2 125
-
-
Dividends
15 132
40 375
-
-
social contributions
2 088
5 571
-
-
withholding
2 270
6 056
-
-
health
1 056
2 818
-
-
total
5 414
14 445
-
-
Income
42 500
42 500
42 500
42 500
Total tax
16 165
16 570
16 929
15 207
After tax
26 335
25 930
25 571
27 293
Living cost
16 618
16 618
16 618
16 618
Free-cash
9 717
9 312
8 953
10 675

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
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.
₽4088
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
-₽728
-₽370
-₽1237
₽7324
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
-
-
-
42 500
income
-
-
-
3 653
health
-
-
-
5 737
social contributions
-
-
-
12 410
solidarity contribution
-
-
-
-
total
-
-
-
21 800
Employee
32 261
-
31 716
-
health
4 355
-
4 282
-
solidarity contribution
-
-
-
-
income
3 871
-
3 806
-
social contributions
2 097
-
2 062
-
total
10 323
-
10 150
-
Employer
32 261
-
31 716
-
health
2 903
-
2 854
-
social contributions
8 065
-
7 929
-
total
10 968
-
10 783
-
Corporate
-
42 500
-
-
income
-
8 075
-
-
total
-
8 075
-
-
Dividends
-
34 425
-
-
withholding
-
5 164
-
-
total
-
5 164
-
-
Income
42 500
42 500
42 500
42 500
Total tax
21 291
13 239
20 933
21 800
After tax
21 209
29 261
21 567
20 700
Living cost
21 937
21 937
21 937
21 937
Free-cash
-728
7 324
-370
-1 237

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
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.
₽4029
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
₽29136
₽24535
₽32610
₽30910
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%.

-
-
-
42 500
microenterprise

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

-
-
-
425
total
-
-
-
425
Employee
11 832
-
42 500
-
income
2 366
-
8 500
-
total
2 366
-
8 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

30 668
42 500
-
-
total
-
-
-
-
Dividends
30 668
42 500
-
-
withholding
1 533
2 125
-
-
total
1 533
2 125
-
-
Income
42 500
42 500
42 500
42 500
Total tax
3 899
2 125
8 500
425
After tax
38 601
40 375
34 000
42 075
Living cost
9 465
9 465
9 465
9 465
Free-cash
29 136
30 910
24 535
32 610

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
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.
₽2345
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
-₽21914
-₽11891
-₽12326
-₽16431
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
-
-
-
42 500
income
-
-
-
1 777
other
-
-
-
1 318
health
-
-
-
369
social contributions
-
-
-
1 211
pensions
-
-
-
12 299
surtax
-
-
-
-
total
-
-
-
16 974
Employee
49 085
-
32 387
-
pensions
5 552
-
3 663
-
income
4 283
-
1 840
-
social contributions
1 398
-
922
-
surtax
-
-
-
-
total
11 233
-
6 425
-
Employer
49 085
-
32 387
-
health
3 435
-
2 267
-
social contributions
147
-
97
-
pensions
8 065
-
5 321
-
unemployment
1 988
-
1 312
-
other
1 694
-
1 117
-
total
15 329
-
10 114
-
Corporate
-
42 500
-
-
income
-
11 899
-
-
surtax
-
-
-
-
total
-
11 899
-
-
Dividends
-
30 601
-
-
social contributions
-
5 263
-
-
surtax
-
-
-
-
withholding
-
3 917
-
-
total
-
9 180
-
-
Income
42 500
42 500
42 500
42 500
Total tax
26 562
21 079
16 539
16 974
After tax
15 938
21 421
25 961
25 526
Living cost
37 852
37 852
37 852
37 852
Free-cash
-21 914
-16 431
-11 891
-12 326

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽8618
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
₽13349
₽9416
₽7585
₽17194
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.

-
-
-
42 500
pensions
-
-
-
11 050
unemployment
-
-
-
638
income
-
-
-
5 337
health
-
-
-
4 378
total
-
-
-
21 403
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.

20 376
-
36 048
-
health
1 049
-
1 856
-
unemployment
153
-
270
-
pensions
2 853
-
5 047
-
income
2 809
-
5 947
-
total
6 864
-
13 120
-
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.

20 376
-
36 048
-
health
1 049
-
1 856
-
pensions
2 445
-
4 326
-
unemployment
153
-
270
-
total
3 647
-
6 452
-
Corporate
18 477
42 500
-
-
income
2 772
6 375
-
-
total
2 772
6 375
-
-
Dividends
15 706
36 125
-
-
withholding
2 356
5 419
-
-
total
2 356
5 419
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 639
11 794
19 572
21 403
After tax
26 861
30 706
22 928
21 097
Living cost
13 512
13 512
13 512
13 512
Free-cash
13 349
17 194
9 416
7 585

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
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.
₽2978
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
-₽25802
-₽19467
-₽17302
-₽33855
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
-
-
-
42 500
pensions
-
-
-
3 910
city
-
-
-
448
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.

-
-
-
850
health
-
-
-
174
regional
-
-
-
994
national
-
-
-
137
total
-
-
-
6 513
Employee
62 361
-
38 038
-
health
141
-
86
-
unemployment
-
-
-
-
city
669
-
409
-
pensions
5 239
-
3 196
-
regional
2 042
-
832
-
national
295
-
112
-
total
8 386
-
4 635
-
Employer
62 361
-
38 038
-
health
141
-
86
-
pensions
5 239
-
3 196
-
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.

1 247
-
761
-
total
6 627
-
4 043
-
Corporate
-
42 500
-
-
regional
-
8 989
-
-
national
-
3 612
-
-
total
-
12 601
-
-
Dividends
-
29 899
-
-
withholding
-
10 465
-
-
total
-
10 465
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 013
23 066
8 678
6 513
After tax
27 487
19 434
33 822
35 987
Living cost
53 289
53 289
53 289
53 289
Free-cash
-25 802
-33 855
-19 467
-17 302

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
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.
₽13199
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
-₽6515
-₽3757
₽3205
-₽679
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

-
-
-
42 500
municipal
-
-
-
7 591
health
-
-
-
327
national
-
-
-
1 288
total
-
-
-
9 206
Employee
41 232
-
35 754
-
health
308
-
223
-
unemployment
619
-
537
-
pensions
2 783
-
2 414
-
national
681
-
384
-
municipal
6 754
-
5 864
-
total
11 145
-
9 422
-
Employer
41 232
-
35 754
-
health
317
-
275
-
pensions
7 154
-
6 203
-
accident
42
-
36
-
unemployment
268
-
232
-
total
7 781
-
6 746
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
total
-
8 500
-
-
Dividends

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

-
25 500
-
-
municipal
-
4 590
-
-
national
-
-
-
-
total
-
4 590
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 926
13 090
16 168
9 206
After tax
23 574
29 410
26 332
33 294
Living cost
30 089
30 089
30 089
30 089
Free-cash
-6 515
-679
-3 757
3 205

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
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.
₽7063
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
-₽29877
-₽10165
-₽5353
-₽4608
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
-
-
-
42 500
communal

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

-
-
-
2 268
social contributions
-
-
-
4 692
national
-
-
-
12 318
total
-
-
-
19 278
Employee

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

56 059
-
32 919
-
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.

2 634
-
1 548
-
communal

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

2 924
-
1 716
-
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.

488
-
287
-
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.

4 204
-
2 469
-
national
17 235
-
8 490
-
total
27 485
-
14 510
-
Employer

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

56 059
-
32 919
-
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.

3 447
-
2 024
-
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.

4 967
-
2 916
-
surtax
6 356
-
3 733
-
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.

729
-
427
-
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.

818
-
480
-
total
16 317
-
9 580
-
Corporate
-
42 500
-
-
income
-
8 500
-
-
surtax
-
170
-
-
total
-
8 670
-
-
Dividends
-
33 831
-
-
withholding

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

-
9 863
-
-
total
-
9 863
-
-
Income
42 500
42 500
42 500
42 500
Total tax
43 802
18 533
24 090
19 278
After tax
-1 302
23 967
18 410
23 222
Living cost
28 575
28 575
28 575
28 575
Free-cash
-29 877
-4 608
-10 165
-5 353

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
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
-₽21192
-₽11318
-₽12826
-₽10807
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
-
-
-
42 500
unemployment
-
-
-
42
municipal
-
-
-
9 002
other
-
-
-
4 938
health
-
-
-
2 652
national
-
-
-
-
accident
-
-
-
85
pensions
-
-
-
4 594
total
-
-
-
21 313
Employee
48 465
-
32 339
-
national
-
-
-
-
municipal
14 452
-
9 644
-
total
14 452
-
9 644
-
Employer
48 465
-
32 339
-
health
2 981
-
1 989
-
pensions
5 239
-
3 496
-
accident
97
-
65
-
unemployment
1 279
-
854
-
other
5 632
-
3 758
-
total
15 228
-
10 162
-
Corporate
-
42 500
-
-
income
-
9 350
-
-
total
-
9 350
-
-
Dividends
-
33 150
-
-
withholding
-
9 945
-
-
total
-
9 945
-
-
Income
42 500
42 500
42 500
42 500
Total tax
29 680
19 295
19 806
21 313
After tax
12 820
23 205
22 694
21 187
Living cost
34 012
34 012
34 012
34 012
Free-cash
-21 192
-10 807
-11 318
-12 826

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
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.
₽7616
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
-₽88388
-₽6926
-₽8506
-₽12020
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
-
-
-
42 500
income
-
-
-
8 284
social contributions
-
-
-
4 845
total
-
-
-
13 129
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
-
42 500
-
-
income
-
9 350
-
-
total
-
9 350
-
-
Dividends
-
33 150
-
-
income
-
7 293
-
-
total
-
7 293
-
-
Income
42 500
42 500
42 500
42 500
Total tax
93 011
16 643
11 549
13 129
After tax
-50 511
25 857
30 951
29 371
Living cost
37 877
37 877
37 877
37 877
Free-cash
-88 388
-12 020
-6 926
-8 506

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
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.
₽9256
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
₽2649
₽3078
₽8210
-₽642
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
-
-
-
42 500
income
-
-
-
1 157
health
-
-
-
1 084
social contributions
-
-
-
6 630
total
-
-
-
8 871
Employee
60 263
60 263
60 263
-
health
599
1 025
656
-
income
6 328
5 579
6 229
-
social contributions
2 928
5 002
3 202
-
total
9 855
11 606
10 087
-
Employer
60 263
60 263
60 263
-
health
653
1 115
714
-
social contributions
2 928
5 002
3 202
-
total
3 581
6 117
3 916
-
Corporate
3 643
-
-
-
income
455
-
-
-
total
455
-
-
-
Dividends
3 188
-
-
-
withholding
541
-
-
-
total
541
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 432
17 723
14 003
8 871
After tax
28 068
24 777
28 497
33 629
Living cost
25 419
25 419
25 419
25 419
Free-cash
2 649
-642
3 078
8 210

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
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.
₽5631
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
-₽757
-₽449
₽3816
₽3706
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
-
-
-
42 500
income
-
-
-
7 987
pensions
-
-
-
2 561
total
-
-
-
10 548
Employee
38 621
-
37 967
-
health
504
-
490
-
pensions
2 948
-
2 869
-
income
7 033
-
6 921
-
total
10 485
-
10 280
-
Employer
38 621
-
37 967
-
health
734
-
721
-
pensions
3 902
-
3 812
-
total
4 636
-
4 533
-
Corporate
-
42 500
-
-
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.

-
8 076
-
-
total
-
8 076
-
-
Dividends
-
34 424
-
-
withholding
-
2 582
-
-
total
-
2 582
-
-
Income
42 500
42 500
42 500
42 500
Total tax
15 121
10 658
14 813
10 548
After tax
27 379
31 842
27 687
31 952
Living cost
28 136
28 136
28 136
28 136
Free-cash
-757
3 706
-449
3 816

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
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.
₽5894
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
-₽23540
-₽10565
-₽8206
-₽8834
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
-
-
-
42 500
municipal
-
-
-
284
regional
-
-
-
639
social contributions
-
-
-
10 931
national
-
-
-
7 631
total
-
-
-
19 485
Employee
66 040
-
42 500
-
social contributions
22 268
-
14 331
-
regional
997
-
547
-
national
11 160
-
6 713
-
municipal
394
-
253
-
total
34 819
-
21 844
-
Employer
66 040
-
42 500
-
total
-
-
-
-
Corporate
-
42 500
-
-
nationa
-
10 199
-
-
municipal
-
2 048
-
-
total
-
12 247
-
-
Dividends
-
30 253
-
-
withholding
-
7 866
-
-
total
-
7 866
-
-
Income
42 500
42 500
42 500
42 500
Total tax
34 819
20 113
21 844
19 485
After tax
7 681
22 387
20 656
23 015
Living cost
31 221
31 221
31 221
31 221
Free-cash
-23 540
-8 834
-10 565
-8 206

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽6670
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
₽874
₽5707
₽12646
-₽13295
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
-
-
-
42 500
pensions
-
-
-
3 165
income
-
-
-
7 819
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
13 117
Employee
26 328
-
35 305
-
health
3 015
-
4 042
-
pensions
2 965
-
3 975
-
income
3 612
-
4 844
-
total
9 592
-
12 861
-
Employer
26 328
-
35 305
-
pensions
4 281
-
5 740
-
accident
440
-
590
-
unemployment
645
-
865
-
total
5 366
-
7 195
-
Corporate
10 807
42 500
-
-
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.

9 726
38 250
-
-
total
9 726
38 250
-
-
Dividends
1 081
4 250
-
-
withholding
205
808
-
-
total
205
808
-
-
Income
42 500
42 500
42 500
42 500
Total tax
24 889
39 058
20 056
13 117
After tax
17 611
3 442
22 444
29 383
Living cost
16 737
16 737
16 737
16 737
Free-cash
874
-13 295
5 707
12 646

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
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.
₽3194
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
₽2026
₽2466
₽1596
-₽8228
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.

-
-
-
42 500
trade
-
-
-
870
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.

-
-
-
4 192
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.

-
-
-
5 354
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.

-
-
-
231
total
-
-
-
10 647
Employee

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

38 994
-
42 500
-
health

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

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

5 354
-
5 354
-
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.

3 206
-
4 192
-
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.

177
-
231
-
total
8 737
-
9 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
3 506
42 500
-
-
income
526
6 374
-
-
trade
503
6 099
-
-
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.

28
351
-
-
chamber of commerce
123
181
-
-
total
1 180
13 005
-
-
Dividends
2 325
29 494
-
-
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.

16
390
-
-
withholding
284
7 076
-
-
total
300
7 466
-
-
Income
42 500
42 500
42 500
42 500
Total tax
10 217
20 471
9 777
10 647
After tax
32 283
22 029
32 723
31 853
Living cost
30 257
30 257
30 257
30 257
Free-cash
2 026
-8 228
2 466
1 596

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5690
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
₽11268
₽8060
₽17355
₽17696
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.

-
-
-
42 500
income
-
-
-
-
microenterprise
-
-
-
6 374
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.

-
-
-
2 467
surtax
-
-
-
-
total
-
-
-
8 841
Employee
22 900
-
34 249
-
income
4 076
-
6 118
-
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.

2 519
-
3 767
-
surtax
-
-
-
-
total
6 595
-
9 885
-
Employer
22 900
-
34 249
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

5 516
-
8 251
-
surtax
-
-
-
-
total
5 516
-
8 251
-
Corporate
14 084
42 500
-
-
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%.

2 817
8 500
-
-
total
2 817
8 500
-
-
Dividends

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

11 267
34 000
-
-
total
-
-
-
-
Income
42 500
42 500
42 500
42 500
Total tax
14 928
8 500
18 136
8 841
After tax
27 572
34 000
24 364
33 659
Living cost
16 304
16 304
16 304
16 304
Free-cash
11 268
17 696
8 060
17 355

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
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.
₽3980
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
₽15176
₽11673
₽12161
₽16777
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
-
-
-
42 500
income
-
-
-
8 337
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
20 596
Employee
14 840
-
34 694
-
health
742
-
1 735
-
unemployment
148
-
347
-
pensions
1 336
-
3 122
-
income
2 871
-
8 074
-
total
5 097
-
13 278
-
Employer
14 840
-
34 694
-
health
1 410
-
3 296
-
pensions
1 632
-
3 816
-
unemployment
297
-
694
-
total
3 339
-
7 806
-
Corporate
24 321
42 500
-
-
income
5 351
9 350
-
-
total
5 351
9 350
-
-
Dividends
18 971
33 150
-
-
withholding
3 794
6 630
-
-
total
3 794
6 630
-
-
Income
42 500
42 500
42 500
42 500
Total tax
17 581
15 980
21 084
20 596
After tax
24 919
26 520
21 416
21 904
Living cost
9 743
9 743
9 743
9 743
Free-cash
15 176
16 777
11 673
12 161

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
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.
₽2940
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
₽6636
₽5687
₽6629
₽9130
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
-
-
-
42 500
pensions
-
-
-
8 500
unemployment
-
-
-
178
income
-
-
-
6 257
other
-
-
-
-
health
-
-
-
3 018
surtax
-
-
-
315
total
-
-
-
18 268
Employee
26 392
-
35 110
-
health
674
-
895
-
unemployment
1 837
-
2 444
-
pensions
1 761
-
2 342
-
income
4 425
-
5 886
-
other
-
-
-
-
surtax
94
-
254
-
total
8 791
-
11 821
-
Employer
26 392
-
35 110
-
health
1 200
-
1 597
-
pensions
3 519
-
4 680
-
unemployment
837
-
1 112
-
other
-
-
-
-
total
5 556
-
7 389
-
Corporate
10 551
42 500
-
-
income
2 744
11 050
-
-
total
2 744
11 050
-
-
Dividends
7 807
31 450
-
-
withholding
1 170
4 717
-
-
total
1 170
4 717
-
-
Income
42 500
42 500
42 500
42 500
Total tax
18 261
15 767
19 210
18 268
After tax
24 239
26 733
23 290
24 232
Living cost
17 603
17 603
17 603
17 603
Free-cash
6 636
9 130
5 687
6 629

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
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.
₽5037
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
-₽2362
-₽8176
-₽1149
-₽618
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
-
-
-
42 500
pensions
-
-
-
7 863
chamber of commerce
-
-
-
170
unemployment
-
-
-
4 8