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
₽ 43000
per

Your estimated
City
free-cash

Valencia , Spain
₽1469
₽1139
₽6349
₽1875
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
-
-
-
43 000
income
-
-
-
6 249
accident
-
-
-
387
unemployment
-
-
-
301
pensions
-
-
-
12 169
other
-
-
-
42
total
-
-
-
19 148
Employee
30 541
-
32 605
-
other
30
-
33
-
income
5 888
-
6 352
-
unemployment
473
-
505
-
pensions
1 436
-
1 533
-
total
7 827
-
8 423
-
Employer
30 541
-
32 605
-
unemployment
1 680
-
1 793
-
pensions
7 207
-
7 694
-
other
245
-
262
-
accident
605
-
646
-
total
9 737
-
10 395
-
Corporate
2 723
43 000
-
-
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.

409
6 450
-
-
total
409
6 450
-
-
Dividends
2 313
36 550
-
-
withholding
439
7 488
-
-
total
439
7 488
-
-
Income
43 000
43 000
43 000
43 000
Total tax
18 412
13 938
18 818
19 148
After tax
24 588
29 062
24 182
23 852
Living cost
22 713
22 713
22 713
22 713
Free-cash
1 875
6 349
1 469
1 139

Estimated living cost  is ₽22713 per week

₽15331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
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.
₽4801
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
₽3198
₽1276
₽9584
₽4008
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
-
-
-
43 000
income
-
-
-
5 462
health
-
-
-
1 892
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.

-
-
-
10 320
other
-
-
-
2 042
total
-
-
-
19 716
Employee
29 990
-
34 345
-
income
5 163
-
5 912
-
health
420
-
481
-
unemployment
299
-
343
-
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.

2 099
-
2 403
-
total
7 981
-
9 139
-
Employer
29 990
-
34 345
-
unemployment
299
-
343
-
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.

5 099
-
5 839
-
other
1 500
-
1 718
-
accident
240
-
274
-
health
420
-
481
-
total
7 558
-
8 655
-
Corporate
5 452
43 000
-
-
income
1 144
9 030
-
-
total
1 144
9 030
-
-
Dividends
4 308
33 970
-
-
withholding
301
2 378
-
-
total
301
2 378
-
-
Income
43 000
43 000
43 000
43 000
Total tax
16 984
11 408
17 794
19 716
After tax
26 016
31 592
25 206
23 284
Living cost
22 008
22 008
22 008
22 008
Free-cash
4 008
9 584
3 198
1 276

Estimated living cost  is ₽22008 per week

₽15550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽4618
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
₽18604
₽18022
₽25938
₽22102
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
-
-
-
43 000
income
-
-
-
6 450
health
-
-
-
3 317
unemployment
-
-
-
115
pensions

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

-
-
-
4 269
total
-
-
-
14 151
Employee
14 336
-
37 341
-
income
1 433
-
3 734
-
health
659
-
1 327
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 259
-
2 533
-
total
3 509
-
7 911
-
Employer
14 336
-
37 341
-
unemployment
86
-
173
-
pensions

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

1 580
-
3 178
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 658
-
Corporate
25 851
43 000
-
-
income
2 585
4 300
-
-
total
2 585
4 300
-
-
Dividends
23 266
38 700
-
-
withholding
1 163
1 935
-
-
total
1 163
1 935
-
-
Income
43 000
43 000
43 000
43 000
Total tax
10 071
6 235
13 569
14 151
After tax
32 929
36 765
29 431
28 849
Living cost
10 827
10 827
10 827
10 827
Free-cash
22 102
25 938
18 604
18 022

Estimated living cost  is ₽10827 per week

₽6321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
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.
₽3446
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
-₽1907
-₽2391
-₽6585
-₽3389
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
-
-
-
43 000
income
-
-
-
1 704
social contributions
-
-
-
1 226
health
-
-
-
373
surtax
-
-
-
-
pensions
-
-
-
12 497
other
-
-
-
1 332
total
-
-
-
17 132
Employee
35 350
-
32 768
-
income
2 086
-
1 774
-
social contributions
1 008
-
934
-
surtax
-
-
-
-
pensions
3 997
-
3 707
-
total
7 091
-
6 415
-
Employer
35 350
-
32 768
-
unemployment
1 431
-
1 328
-
social contributions
107
-
99
-
pensions
5 807
-
5 383
-
other
1 219
-
1 130
-
health
2 475
-
2 293
-
total
11 039
-
10 233
-
Corporate
-
43 000
-
-
income
-
12 039
-
-
surtax
-
-
-
-
total
-
12 039
-
-
Dividends
-
30 961
-
-
withholding
-
3 962
-
-
surtax
-
-
-
-
social contributions
-
5 325
-
-
total
-
9 287
-
-
Income
43 000
43 000
43 000
43 000
Total tax
18 130
21 326
16 648
17 132
After tax
24 870
21 674
26 352
25 868
Living cost
28 259
28 259
28 259
28 259
Free-cash
-3 389
-6 585
-1 907
-2 391

Estimated living cost  is ₽28259 per week

₽17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽7663
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
-₽39019
-₽9972
-₽34383
-₽39019
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
-
-
-
43 000
income
-
-
-
4 031
health
-
-
-
6 600
pensions
-
-
-
7 740
total
-
-
-
18 371
Employee
70 534
70 534
70 534
-
income

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

11 545
11 545
11 545
-
health
10 826
9 209
10 826
-
pensions
12 696
9 677
12 696
-
total
35 067
30 431
35 067
-
Employer
70 534
70 534
70 534
-
unemployment
2 539
2 539
2 539
-
pensions
4 909
4 909
4 909
-
health
4 903
4 903
4 903
-
total
12 351
12 351
12 351
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
43 000
43 000
43 000
43 000
Total tax
47 418
42 782
47 418
18 371
After tax
-4 418
218
-4 418
24 629
Living cost
34 601
34 601
34 601
34 601
Free-cash
-39 019
-34 383
-39 019
-9 972

Estimated living cost  is ₽34601 per week

₽24521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽6411
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
₽8213
₽7489
-₽3161
₽5975
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.

-
-
-
43 000
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.

-
-
-
3 911
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.

-
-
-
5 643
trade
-
-
-
724
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.

-
-
-
215
total
-
-
-
10 493
Employee

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

31 591
-
43 000
-
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.

882
-
3 911
-
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.

5 643
-
5 643
-
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.

49
-
215
-
total
6 574
-
9 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 409
43 000
-
-
chamber of commerce
141
187
-
-
income
1 712
6 450
-
-
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.

94
354
-
-
trade
1 796
6 773
-
-
total
3 743
13 764
-
-
Dividends
7 666
29 237
-
-
withholding
1 602
6 995
-
-
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.

88
384
-
-
total
1 690
7 379
-
-
Income
43 000
43 000
43 000
43 000
Total tax
12 007
21 143
9 769
10 493
After tax
30 993
21 857
33 231
32 507
Living cost
25 018
25 018
25 018
25 018
Free-cash
5 975
-3 161
8 213
7 489

Estimated living cost  is ₽25018 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽5897
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
₽9398
₽15145
₽5200
₽8087
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
-
-
-
43 000
income
-
-
-
926
social contributions
-
-
-
6 709
health
-
-
-
1 097
total
-
-
-
8 732
Employee
63 512
63 512
63 512
-
income
6 915
5 879
6 613
-
social contributions
2 401
5 271
3 240
-
health
492
1 080
663
-
total
9 808
12 230
10 516
-
Employer
63 512
63 512
63 512
-
social contributions
2 401
5 271
3 240
-
health
534
1 176
723
-
total
2 935
6 447
3 963
-
Corporate
11 132
-
-
-
income
1 392
-
-
-
total
1 392
-
-
-
Dividends
9 740
-
-
-
withholding
1 655
-
-
-
total
1 655
-
-
-
Income
43 000
43 000
43 000
43 000
Total tax
15 790
18 677
14 479
8 732
After tax
27 210
24 323
28 521
34 268
Living cost
19 123
19 123
19 123
19 123
Free-cash
8 087
5 200
9 398
15 145

Estimated living cost  is ₽19123 per week

₽11461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
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
-₽1929
-₽916
-₽1449
-₽4011
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.

-
-
-
43 000
income
-
-
-
3 066
social contributions

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

-
-
-
14 942
surtax
-
-
-
-
total
-
-
-
18 008
Employee
37 988
-
34 748
-
income
7 902
-
6 946
-
social contributions
4 179
-
3 823
-
surtax
-
-
-
-
total
12 081
-
10 769
-
Employer
37 988
-
34 748
-
social contributions
9 022
-
8 252
-
total
9 022
-
8 252
-
Corporate
-
43 000
-
-
income
-
9 030
-
-
surtax
-
-
-
-
total
-
9 030
-
-
Dividends
-
33 970
-
-
withholding
-
9 511
-
-
total
-
9 511
-
-
Income
43 000
43 000
43 000
43 000
Total tax
21 103
18 541
19 021
18 008
After tax
21 897
24 459
23 979
24 992
Living cost
25 908
25 908
25 908
25 908
Free-cash
-4 011
-1 449
-1 929
-916

Estimated living cost  is ₽25908 per week

₽19384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽28214
₽36384
₽34664
₽33504
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%.

-
-
-
43 000
microenterprise

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

-
-
-
430
total
-
-
-
430
Employee
7 732
-
43 000
-
income
1 546
-
8 600
-
total
1 546
-
8 600
-
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%.

35 268
43 000
-
-
total
-
-
-
-
Dividends
35 268
43 000
-
-
withholding
1 764
2 150
-
-
total
1 764
2 150
-
-
Income
43 000
43 000
43 000
43 000
Total tax
3 310
2 150
8 600
430
After tax
39 690
40 850
34 400
42 570
Living cost
6 186
6 186
6 186
6 186
Free-cash
33 504
34 664
28 214
36 384

Estimated living cost  is ₽6186 per week

₽3833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
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.
₽1668
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
₽387
₽1752
₽7453
₽541
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.

-
-
-
43 000
income
-
-
-
6 947
health
-
-
-
4 230
unemployment
-
-
-
64
pensions
-
-
-
7 853
total
-
-
-
19 094
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.

36 524
-
37 207
-
income
6 299
-
6 443
-
health
2 359
-
2 404
-
unemployment
52
-
52
-
pensions
5 662
-
5 767
-
total
14 372
-
14 666
-
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.

36 524
-
37 207
-
unemployment
22
-
22
-
pensions
3 232
-
3 293
-
health
2 433
-
2 478
-
total
5 687
-
5 793
-
Corporate
789
43 000
-
-
income
150
8 169
-
-
total
150
8 169
-
-
Dividends
639
34 831
-
-
withholding
96
5 224
-
-
total
96
5 224
-
-
Income
43 000
43 000
43 000
43 000
Total tax
20 305
13 393
20 459
19 094
After tax
22 695
29 607
22 541
23 906
Living cost
22 154
22 154
22 154
22 154
Free-cash
541
7 453
387
1 752

Estimated living cost  is ₽22154 per week

₽15204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽5102
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
₽982
-₽15924
-₽6226
-₽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

We use The Residence Programme or The Global Residence Programme.

-
-
-
43 000
income
-
-
-
23 511
health

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

-
-
-
5 430
total
-
-
-
28 941
Employee
37 890
-
39 201
-
social contributions
3 796
-
3 799
-
income
4 111
-
4 437
-
total
7 907
-
8 236
-
Employer
37 890
-
39 201
-
social contributions
3 796
-
3 799
-
total
3 796
-
3 799
-
Corporate
1 314
43 000
-
-
income
459
15 050
-
-
total
459
15 050
-
-
Dividends
854
27 950
-
-
social contributions
2 466
4 193
-
-
total
2 466
4 193
-
-
Income
43 000
43 000
43 000
43 000
Total tax
14 628
19 243
12 035
28 941
After tax
28 372
23 757
30 965
14 059
Living cost
29 983
29 983
29 983
29 983
Free-cash
-1 611
-6 226
982
-15 924

Estimated living cost  is ₽29983 per week

₽19749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
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.
₽7409
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
₽8429
₽10100
₽8720
₽9150
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
-
-
-
43 000
income
-
-
-
6 450
social contributions
-
-
-
5 934
health
-
-
-
3 002
total
-
-
-
15 386
Employee
28 005
-
43 000
-
income
4 671
-
8 121
-
social contributions
3 865
-
5 934
-
health
1 955
-
3 002
-
total
10 491
-
17 057
-
Employer
28 005
-
43 000
-
total
-
-
-
-
Corporate
14 995
43 000
-
-
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%.

749
2 150
-
-
total
749
2 150
-
-
Dividends
14 246
40 850
-
-
withholding
2 136
6 127
-
-
health
994
2 851
-
-
social contributions
1 966
5 638
-
-
total
5 096
14 616
-
-
Income
43 000
43 000
43 000
43 000
Total tax
16 336
16 766
17 057
15 386
After tax
26 664
26 234
25 943
27 614
Living cost
17 514
17 514
17 514
17 514
Free-cash
9 150
8 720
8 429
10 100

Estimated living cost  is ₽17514 per week

₽11721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽4309
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
-₽851
-₽1729
₽6933
-₽1677
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
-
-
-
43 000
income
-
-
-
3 696
social contributions
-
-
-
12 556
solidarity contribution
-
-
-
-
health
-
-
-
5 805
total
-
-
-
22 057
Employee
33 342
-
32 090
-
solidarity contribution
-
-
-
-
income
4 001
-
3 851
-
social contributions
2 167
-
2 086
-
health
4 501
-
4 332
-
total
10 669
-
10 269
-
Employer
33 342
-
32 090
-
social contributions
8 335
-
8 022
-
health
3 001
-
2 888
-
total
11 336
-
10 910
-
Corporate
-
43 000
-
-
income
-
8 170
-
-
total
-
8 170
-
-
Dividends
-
34 830
-
-
withholding
-
5 225
-
-
total
-
5 225
-
-
Income
43 000
43 000
43 000
43 000
Total tax
22 005
13 395
21 179
22 057
After tax
20 995
29 605
21 821
20 943
Living cost
22 672
22 672
22 672
22 672
Free-cash
-1 677
6 933
-851
-1 729

Estimated living cost  is ₽22672 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽4164
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
₽24761
₽32931
₽31211
₽29403
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%.

-
-
-
43 000
microenterprise

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

-
-
-
430
total
-
-
-
430
Employee
12 049
-
43 000
-
income
2 410
-
8 600
-
total
2 410
-
8 600
-
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%.

30 951
43 000
-
-
total
-
-
-
-
Dividends
30 951
43 000
-
-
withholding
1 548
2 150
-
-
total
1 548
2 150
-
-
Income
43 000
43 000
43 000
43 000
Total tax
3 958
2 150
8 600
430
After tax
39 042
40 850
34 400
42 570
Living cost
9 639
9 639
9 639
9 639
Free-cash
29 403
31 211
24 761
32 931

Estimated living cost  is ₽9639 per week

₽6523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
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.
₽2388
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
-₽13541
-₽14025
-₽18219
-₽24888
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
-
-
-
43 000
income
-
-
-
1 704
social contributions
-
-
-
1 226
health
-
-
-
373
surtax
-
-
-
-
pensions
-
-
-
12 497
other
-
-
-
1 332
total
-
-
-
17 132
Employee
51 731
-
32 768
-
income
4 514
-
1 774
-
social contributions
1 473
-
934
-
surtax
-
-
-
-
pensions
5 851
-
3 707
-
total
11 838
-
6 415
-
Employer
51 731
-
32 768
-
unemployment
2 096
-
1 328
-
social contributions
155
-
99
-
pensions
8 500
-
5 383
-
other
1 785
-
1 130
-
health
3 621
-
2 293
-
total
16 157
-
10 233
-
Corporate
-
43 000
-
-
income
-
12 039
-
-
surtax
-
-
-
-
total
-
12 039
-
-
Dividends
-
30 961
-
-
withholding
-
3 962
-
-
surtax
-
-
-
-
social contributions
-
5 325
-
-
total
-
9 287
-
-
Income
43 000
43 000
43 000
43 000
Total tax
27 995
21 326
16 648
17 132
After tax
15 005
21 674
26 352
25 868
Living cost
39 893
39 893
39 893
39 893
Free-cash
-24 888
-18 219
-13 541
-14 025

Estimated living cost  is ₽39893 per week

₽26999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽9083
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
₽9010
₽7160
₽16827
₽12775
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.

-
-
-
43 000
income
-
-
-
5 346
health
-
-
-
4 429
unemployment
-
-
-
645
pensions
-
-
-
11 180
total
-
-
-
21 600
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.

21 472
-
36 472
-
income
2 960
-
5 963
-
health
1 106
-
1 878
-
unemployment
161
-
274
-
pensions
3 006
-
5 106
-
total
7 233
-
13 221
-
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.

21 472
-
36 472
-
unemployment
161
-
274
-
pensions
2 577
-
4 377
-
health
1 106
-
1 878
-
total
3 844
-
6 529
-
Corporate
17 684
43 000
-
-
income
2 653
6 450
-
-
total
2 653
6 450
-
-
Dividends
15 031
36 550
-
-
withholding
2 255
5 483
-
-
total
2 255
5 483
-
-
Income
43 000
43 000
43 000
43 000
Total tax
15 985
11 933
19 750
21 600
After tax
27 015
31 067
23 250
21 400
Living cost
14 240
14 240
14 240
14 240
Free-cash
12 775
16 827
9 010
7 160

Estimated living cost  is ₽14240 per week

₽9588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽3139
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
-₽23519
-₽21338
-₽38150
-₽31102
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
-
-
-
43 000
regional
-
-
-
940
national
-
-
-
126
health
-
-
-
189
city
-
-
-
453
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.

-
-
-
860
pensions
-
-
-
3 956
total
-
-
-
6 524
Employee
67 657
-
38 489
-
regional
2 215
-
783
-
city
726
-
413
-
health
153
-
86
-
unemployment
-
-
-
-
national
320
-
102
-
pensions
5 684
-
3 233
-
total
9 098
-
4 617
-
Employer
67 657
-
38 489
-
unemployment
-
-
-
-
pensions
5 684
-
3 233
-
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.

1 353
-
769
-
health
153
-
86
-
total
7 190
-
4 088
-
Corporate
-
43 000
-
-
regional
-
9 095
-
-
national
-
3 654
-
-
total
-
12 749
-
-
Dividends
-
30 251
-
-
withholding
-
10 587
-
-
total
-
10 587
-
-
Income
43 000
43 000
43 000
43 000
Total tax
16 288
23 336
8 705
6 524
After tax
26 712
19 664
34 295
36 476
Living cost
57 814
57 814
57 814
57 814
Free-cash
-31 102
-38 150
-23 519
-21 338

Estimated living cost  is ₽57814 per week

₽37595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
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.
₽14320
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
-₽4992
₽2236
-₽1955
-₽8655
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

-
-
-
43 000
municipal
-
-
-
7 683
national
-
-
-
1 052
health
-
-
-
318
total
-
-
-
9 053
Employee
43 455
-
36 174
-
health
324
-
212
-
unemployment
652
-
542
-
national
718
-
323
-
municipal
7 118
-
5 936
-
pensions
2 933
-
2 442
-
total
11 745
-
9 455
-
Employer
43 455
-
36 174
-
unemployment
282
-
235
-
pensions
7 539
-
6 276
-
accident
44
-
36
-
health
334
-
279
-
total
8 199
-
6 826
-
Corporate
-
43 000
-
-
income
-
8 600
-
-
total
-
8 600
-
-
Dividends

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

-
25 800
-
-
national
-
-
-
-
municipal
-
4 644
-
-
total
-
4 644
-
-
Income
43 000
43 000
43 000
43 000
Total tax
19 944
13 244
16 281
9 053
After tax
23 056
29 756
26 719
33 947
Living cost
31 711
31 711
31 711
31 711
Free-cash
-8 655
-1 955
-4 992
2 236

Estimated living cost  is ₽31711 per week

₽20713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
-₽11365
-₽6337
-₽5855
-₽33280
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
-
-
-
43 000
national
-
-
-
12 346
social contributions
-
-
-
4 569
communal

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

-
-
-
2 306
total
-
-
-
19 221
Employee

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

59 081
-
33 306
-
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.

2 776
-
1 564
-
communal

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

3 082
-
1 737
-
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.

514
-
290
-
national
18 164
-
8 466
-
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.

4 431
-
2 498
-
total
28 967
-
14 555
-
Employer

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

59 081
-
33 306
-
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.

862
-
486
-
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.

5 235
-
2 951
-
surtax
6 699
-
3 777
-
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.

768
-
433
-
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.

3 633
-
2 047
-
total
17 197
-
9 694
-
Corporate
-
43 000
-
-
income
-
8 600
-
-
surtax
-
172
-
-
total
-
8 772
-
-
Dividends
-
34 227
-
-
withholding

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

-
9 967
-
-
total
-
9 967
-
-
Income
43 000
43 000
43 000
43 000
Total tax
46 164
18 739
24 249
19 221
After tax
-3 164
24 261
18 751
23 779
Living cost
30 116
30 116
30 116
30 116
Free-cash
-33 280
-5 855
-11 365
-6 337

Estimated living cost  is ₽30116 per week

₽19398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽7613
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
-₽10997
-₽12525
-₽10482
-₽20594
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
-
-
-
43 000
municipal
-
-
-
9 108
national
-
-
-
-
health
-
-
-
2 683
accident
-
-
-
86
unemployment
-
-
-
43
pensions
-
-
-
4 648
other
-
-
-
4 997
total
-
-
-
21 565
Employee
48 390
-
32 719
-
national
-
-
-
-
municipal
14 430
-
9 757
-
total
14 430
-
9 757
-
Employer
48 390
-
32 719
-
unemployment
1 277
-
864
-
pensions
5 231
-
3 537
-
other
5 623
-
3 802
-
accident
97
-
65
-
health
2 976
-
2 012
-
total
15 204
-
10 280
-
Corporate
-
43 000
-
-
income
-
9 460
-
-
total
-
9 460
-
-
Dividends
-
33 540
-
-
withholding
-
10 062
-
-
total
-
10 062
-
-
Income
43 000
43 000
43 000
43 000
Total tax
29 634
19 522
20 037
21 565
After tax
13 366
23 478
22 963
21 435
Living cost
33 960
33 960
33 960
33 960
Free-cash
-20 594
-10 482
-10 997
-12 525

Estimated living cost  is ₽33960 per week

₽22508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽7605
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
-₽6114
-₽7922
-₽11477
-₽87062
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
-
-
-
43 000
income
-
-
-
8 382
social contributions
-
-
-
4 902
total
-
-
-
13 284
Employee
53 968
-
-
-
income
11 904
-
-
-
social contributions
4 425
-
631
-
total
16 329
-
631
-
Employer
53 968
-
-
-
social contributions
76 095
-
10 845
-
total
76 095
-
10 845
-
Corporate
-
43 000
-
-
income
-
9 460
-
-
total
-
9 460
-
-
Dividends
-
33 540
-
-
income
-
7 379
-
-
total
-
7 379
-
-
Income
43 000
43 000
43 000
43 000
Total tax
92 424
16 839
11 476
13 284
After tax
-49 424
26 161
31 524
29 716
Living cost
37 638
37 638
37 638
37 638
Free-cash
-87 062
-11 477
-6 114
-7 922

Estimated living cost  is ₽37638 per week

₽24421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3540
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽9197
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
₽1731
₽7478
-₽2467
₽1490
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
-
-
-
43 000
income
-
-
-
926
social contributions
-
-
-
6 709
health
-
-
-
1 097
total
-
-
-
8 732
Employee
63 512
63 512
63 512
-
income
6 669
5 879
6 613
-
social contributions
3 086
5 271
3 240
-
health
632
1 080
663
-
total
10 387
12 230
10 516
-
Employer
63 512
63 512
63 512
-
social contributions
3 086
5 271
3 240
-
health
688
1 176
723
-
total
3 774
6 447
3 963
-
Corporate
2 048
-
-
-
income
255
-
-
-
total
255
-
-
-
Dividends
1 793
-
-
-
withholding
304
-
-
-
total
304
-
-
-
Income
43 000
43 000
43 000
43 000
Total tax
14 720
18 677
14 479
8 732
After tax
28 280
24 323
28 521
34 268
Living cost
26 790
26 790
26 790
26 790
Free-cash
1 490
-2 467
1 731
7 478

Estimated living cost  is ₽26790 per week

₽18314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5934
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
-₽1995
₽2236
₽2066
-₽3357
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
-
-
-
43 000
income
-
-
-
8 097
pensions
-
-
-
2 515
total
-
-
-
10 612
Employee
41 388
-
38 488
-
income
7 537
-
7 038
-
health
540
-
481
-
pensions
3 159
-
2 812
-
total
11 236
-
10 331
-
Employer
41 388
-
38 488
-
pensions
4 182
-
3 781
-
health
787
-
731
-
total
4 969
-
4 512
-
Corporate
-
43 000
-
-
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.

-
8 170
-
-
total
-
8 170
-
-
Dividends
-
34 830
-
-
withholding
-
2 612
-
-
total
-
2 612
-
-
Income
43 000
43 000
43 000
43 000
Total tax
16 205
10 782
14 843
10 612
After tax
26 795
32 218
28 157
32 388
Living cost
30 152
30 152
30 152
30 152
Free-cash
-3 357
2 066
-1 995
2 236

Estimated living cost  is ₽30152 per week

₽20684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
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.
₽6316
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
-₽11958
-₽9571
-₽10254
-₽26601
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
-
-
-
43 000
municipal
-
-
-
287
regional
-
-
-
637
national
-
-
-
7 683
social contributions
-
-
-
11 060
total
-
-
-
19 667
Employee
69 601
-
43 000
-
regional
1 051
-
543
-
social contributions
23 469
-
14 500
-
national
11 762
-
6 754
-
municipal
415
-
257
-
total
36 697
-
22 054
-
Employer
69 601
-
43 000
-
total
-
-
-
-
Corporate
-
43 000
-
-
nationa
-
10 320
-
-
municipal
-
2 072
-
-
total
-
12 392
-
-
Dividends
-
30 608
-
-
withholding
-
7 958
-
-
total
-
7 958
-
-
Income
43 000
43 000
43 000
43 000
Total tax
36 697
20 350
22 054
19 667
After tax
6 303
22 650
20 946
23 333
Living cost
32 904
32 904
32 904
32 904
Free-cash
-26 601
-10 254
-11 958
-9 571

Estimated living cost  is ₽32904 per week

₽23113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
Gdansk , Poland
₽5431
₽12462
-₽13793
₽831
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
-
-
-
43 000
income
-
-
-
7 793
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 267
other
-
-
-
291
total
-
-
-
13 262
Employee
27 175
-
35 720
-
income
3 728
-
4 901
-
health
3 112
-
4 090
-
pensions
3 060
-
4 022
-
total
9 900
-
13 013
-
Employer
27 175
-
35 720
-
unemployment
666
-
875
-
pensions
4 419
-
5 808
-
accident
454
-
597
-
total
5 539
-
7 280
-
Corporate
10 286
43 000
-
-
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.

9 258
38 700
-
-
total
9 258
38 700
-
-
Dividends
1 029
4 300
-
-
withholding
196
817
-
-
total
196
817
-
-
Income
43 000
43 000
43 000
43 000
Total tax
24 893
39 517
20 293
13 262
After tax
18 107
3 483
22 707
29 738
Living cost
17 276
17 276
17 276
17 276
Free-cash
831
-13 793
5 431
12 462

Estimated living cost  is ₽17276 per week

₽12662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
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.
₽3297
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
₽1343
₽683
-₽9590
₽1200
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.

-
-
-
43 000
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.

-
-
-
3 911
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.

-
-
-
5 643
trade
-
-
-
660
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.

-
-
-
215
total
-
-
-
10 429
Employee

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

41 097
-
43 000
-
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.

3 379
-
3 911
-
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.

5 643
-
5 643
-
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.

187
-
215
-
total
9 209
-
9 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 903
43 000
-
-
chamber of commerce
129
188
-
-
income
285
6 450
-
-
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
354
-
-
trade
273
6 171
-
-
total
703
13 163
-
-
Dividends
1 201
29 837
-
-
withholding
-
7 146
-
-
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.

-
393
-
-
total
-
7 539
-
-
Income
43 000
43 000
43 000
43 000
Total tax
9 912
20 702
9 769
10 429
After tax
33 088
22 298
33 231
32 571
Living cost
31 888
31 888
31 888
31 888
Free-cash
1 200
-9 590
1 343
683

Estimated living cost  is ₽31888 per week

₽21997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽5997
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
₽7489
₽16767
₽17217
₽10442
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.

-
-
-
43 000
microenterprise
-
-
-
6 450
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.

-
-
-
2 600
surtax
-
-
-
-
total
-
-
-
9 050
Employee
24 135
-
34 652
-
income
4 296
-
6 168
-
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.

2 655
-
3 812
-
surtax
-
-
-
-
total
6 951
-
9 980
-
Employer
24 135
-
34 652
-
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.

5 814
-
8 348
-
surtax
-
-
-
-
total
5 814
-
8 348
-
Corporate
13 051
43 000
-
-
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%.

2 610
8 600
-
-
total
2 610
8 600
-
-
Dividends

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

10 442
34 400
-
-
total
-
-
-
-
Income
43 000
43 000
43 000
43 000
Total tax
15 375
8 600
18 328
9 050
After tax
27 625
34 400
24 672
33 950
Living cost
17 183
17 183
17 183
17 183
Free-cash
10 442
17 217
7 489
16 767

Estimated living cost  is ₽17183 per week

₽10963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4194
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
₽11184
₽11012
₽16161
₽14407
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
-
-
-
43 000
income
-
-
-
7 890
health
-
-
-
5 643
pensions
-
-
-
7 784
total
-
-
-
21 317
Employee
16 253
-
35 102
-
income
3 144
-
7 982
-
health
813
-
1 755
-
unemployment
163
-
351
-
pensions
1 463
-
3 159
-
total
5 583
-
13 247
-
Employer
16 253
-
35 102
-
unemployment
325
-
702
-
pensions
1 788
-
3 861
-
health
1 544
-
3 335
-
total
3 657
-
7 898
-
Corporate
23 090
43 000
-
-
income
5 080
9 460
-
-
total
5 080
9 460
-
-
Dividends
18 010
33 540
-
-
withholding
3 602
6 708
-
-
total
3 602
6 708
-
-
Income
43 000
43 000
43 000
43 000
Total tax
17 922
16 168
21 145
21 317
After tax
25 078
26 832
21 855
21 683
Living cost
10 671
10 671
10 671
10 671
Free-cash
14 407
16 161
11 184
11 012

Estimated living cost  is ₽10671 per week

₽6341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽244
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.
₽3220
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
₽5028
₽6105
₽8495
₽5867
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
-
-
-
43 000
income
-
-
-
6 232
health
-
-
-
3 052
unemployment
-
-
-
188
surtax
-
-
-
271
pensions
-
-
-
8 600
other
-
-
-
-
total
-
-
-
18 343
Employee
27 815
-
35 522
-
other
-
-
-
-
income
4 663
-
5 955
-
health
710
-
906
-
unemployment
1 936
-
2 472
-
surtax
99
-
241
-
pensions
1 856
-
2 370
-
total
9 264
-
11 944
-
Employer
27 815
-
35 522
-
unemployment
882
-
1 125
-
pensions
3 709
-
4 735
-
other
-
-
-
-
health
1 265
-
1 616
-
total
5 856
-
7 476
-
Corporate
9 329
43 000
-
-
income
2 425
11 180
-
-
total
2 425
11 180
-
-
Dividends
6 904
31 820
-
-
withholding
1 036
4 773
-
-
total
1 036
4 773
-
-
Income
43 000
43 000
43 000
43 000
Total tax
18 581
15 953
19 420
18 343
After tax
24 419
27 047
23 580
24 657
Living cost
18 552
18 552
18 552
18 552
Free-cash
5 867
8 495
5 028
6 105

Estimated living cost  is ₽18552 per week

₽11201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
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.
₽5309
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
-₽9096
-₽2196
-₽1997
-₽4280
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
-
-
-
43 000
income
-
-
-
2 362
chamber of commerce
-
-
-
172
health
-
-
-
3 290