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
₽ 43500
per

Your estimated
City
free-cash

Valencia , Spain
₽1729
₽1392
₽6671
₽2204
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
-
-
-
43 500
income
-
-
-
6 332
accident
-
-
-
392
unemployment
-
-
-
304
pensions
-
-
-
12 310
other
-
-
-
44
total
-
-
-
19 382
Employee
30 558
-
32 984
-
other
30
-
33
-
income
5 891
-
6 437
-
unemployment
474
-
511
-
pensions
1 437
-
1 550
-
total
7 832
-
8 531
-
Employer
30 558
-
32 984
-
unemployment
1 681
-
1 815
-
pensions
7 211
-
7 784
-
other
245
-
263
-
accident
605
-
652
-
total
9 742
-
10 514
-
Corporate
3 199
43 500
-
-
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.

480
6 526
-
-
total
480
6 526
-
-
Dividends
2 719
36 974
-
-
withholding
516
7 577
-
-
total
516
7 577
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 570
14 103
19 045
19 382
After tax
24 930
29 397
24 455
24 118
Living cost
22 726
22 726
22 726
22 726
Free-cash
2 204
6 671
1 729
1 392

Estimated living cost  is ₽22726 per week

₽15340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
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.
₽4804
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
₽3477
₽1536
₽9938
₽4357
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
-
-
-
43 500
income
-
-
-
5 525
health
-
-
-
1 913
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.

-
-
-
10 440
other
-
-
-
2 065
total
-
-
-
19 943
Employee
30 007
-
34 744
-
income
5 166
-
5 980
-
health
420
-
486
-
unemployment
300
-
348
-
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.

2 100
-
2 432
-
total
7 986
-
9 246
-
Employer
30 007
-
34 744
-
unemployment
300
-
348
-
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.

5 102
-
5 908
-
other
1 501
-
1 736
-
accident
240
-
278
-
health
420
-
486
-
total
7 563
-
8 756
-
Corporate
5 930
43 500
-
-
income
1 245
9 135
-
-
total
1 245
9 135
-
-
Dividends
4 685
34 365
-
-
withholding
328
2 406
-
-
total
328
2 406
-
-
Income
43 500
43 500
43 500
43 500
Total tax
17 122
11 541
18 002
19 943
After tax
26 378
31 959
25 498
23 557
Living cost
22 021
22 021
22 021
22 021
Free-cash
4 357
9 938
3 477
1 536

Estimated living cost  is ₽22021 per week

₽15559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1487
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.
₽4620
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
₽19053
₽18447
₽26366
₽22529
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
-
-
-
43 500
income
-
-
-
6 525
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
-
-
-
14 226
Employee
14 336
-
37 841
-
income
1 433
-
3 784
-
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
-
7 961
-
Employer
14 336
-
37 841
-
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
-
3 179
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 659
-
Corporate
26 350
43 500
-
-
income
2 635
4 350
-
-
total
2 635
4 350
-
-
Dividends
23 715
39 150
-
-
withholding
1 186
1 957
-
-
total
1 186
1 957
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 144
6 307
13 620
14 226
After tax
33 356
37 193
29 880
29 274
Living cost
10 827
10 827
10 827
10 827
Free-cash
22 529
26 366
19 053
18 447

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
-₽1639
-₽2120
-₽6351
-₽2915
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
-
-
-
43 500
income
-
-
-
1 749
social contributions
-
-
-
1 239
health
-
-
-
378
surtax
-
-
-
-
pensions
-
-
-
12 630
other
-
-
-
1 349
total
-
-
-
17 345
Employee
35 370
-
33 148
-
income
2 087
-
1 819
-
social contributions
1 008
-
944
-
surtax
-
-
-
-
pensions
3 999
-
3 750
-
total
7 094
-
6 513
-
Employer
35 370
-
33 148
-
unemployment
1 432
-
1 342
-
social contributions
107
-
99
-
pensions
5 811
-
5 447
-
other
1 220
-
1 143
-
health
2 476
-
2 320
-
total
11 046
-
10 351
-
Corporate
-
43 500
-
-
income
-
12 180
-
-
surtax
-
-
-
-
total
-
12 180
-
-
Dividends
-
31 320
-
-
withholding
-
4 009
-
-
surtax
-
-
-
-
social contributions
-
5 387
-
-
total
-
9 396
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 140
21 576
16 864
17 345
After tax
25 360
21 924
26 636
26 155
Living cost
28 275
28 275
28 275
28 275
Free-cash
-2 915
-6 351
-1 639
-2 120

Estimated living cost  is ₽28275 per week

₽17829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
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.
₽7668
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
-₽38567
-₽9712
-₽33929
-₽38567
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
-
-
-
43 500
income
-
-
-
4 082
health
-
-
-
6 678
pensions
-
-
-
7 831
total
-
-
-
18 591
Employee
70 574
70 574
70 574
-
income

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

11 552
11 552
11 552
-
health
10 832
9 214
10 832
-
pensions
12 703
9 683
12 703
-
total
35 087
30 449
35 087
-
Employer
70 574
70 574
70 574
-
unemployment
2 541
2 541
2 541
-
pensions
4 912
4 912
4 912
-
health
4 906
4 906
4 906
-
total
12 359
12 359
12 359
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
47 446
42 808
47 446
18 591
After tax
-3 946
692
-3 946
24 909
Living cost
34 621
34 621
34 621
34 621
Free-cash
-38 567
-33 929
-38 567
-9 712

Estimated living cost  is ₽34621 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
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.
₽6414
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
₽8553
₽7753
-₽2925
₽6215
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.

-
-
-
43 500
income

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

-
-
-
4 046
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.

-
-
-
5 646
trade
-
-
-
800
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.

-
-
-
223
total
-
-
-
10 715
Employee

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

31 610
-
43 500
-
income

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

883
-
4 046
-
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.

5 646
-
5 646
-
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
-
223
-
total
6 578
-
9 915
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 890
43 500
-
-
chamber of commerce
143
188
-
-
income
1 783
6 526
-
-
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.

99
359
-
-
trade
1 873
6 852
-
-
total
3 898
13 925
-
-
Dividends
7 993
29 575
-
-
withholding
1 684
7 079
-
-
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.

93
389
-
-
total
1 777
7 468
-
-
Income
43 500
43 500
43 500
43 500
Total tax
12 253
21 393
9 915
10 715
After tax
31 247
22 107
33 585
32 785
Living cost
25 032
25 032
25 032
25 032
Free-cash
6 215
-2 925
8 553
7 753

Estimated living cost  is ₽25032 per week

₽15746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2919
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.
₽5900
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
₽9804
₽15466
₽5678
₽8435
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
-
-
-
43 500
income
-
-
-
1 005
social contributions
-
-
-
6 786
health
-
-
-
1 109
total
-
-
-
8 900
Employee
63 549
63 549
63 549
-
income
6 919
5 883
6 604
-
social contributions
2 403
5 274
3 278
-
health
492
1 081
671
-
total
9 814
12 238
10 553
-
Employer
63 549
63 549
63 549
-
social contributions
2 403
5 274
3 278
-
health
535
1 176
731
-
total
2 938
6 450
4 009
-
Corporate
11 614
-
-
-
income
1 452
-
-
-
total
1 452
-
-
-
Dividends
10 161
-
-
-
withholding
1 727
-
-
-
total
1 727
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
15 931
18 688
14 562
8 900
After tax
27 569
24 812
28 938
34 600
Living cost
19 134
19 134
19 134
19 134
Free-cash
8 435
5 678
9 804
15 466

Estimated living cost  is ₽19134 per week

₽11468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽5367
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
-₽1686
-₽659
-₽1180
-₽3537
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.

-
-
-
43 500
income
-
-
-
3 121
social contributions

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

-
-
-
15 115
surtax
-
-
-
-
total
-
-
-
18 236
Employee
38 010
-
35 152
-
income
7 906
-
7 048
-
social contributions
4 181
-
3 867
-
surtax
-
-
-
-
total
12 087
-
10 915
-
Employer
38 010
-
35 152
-
social contributions
9 027
-
8 348
-
total
9 027
-
8 348
-
Corporate
-
43 500
-
-
income
-
9 135
-
-
surtax
-
-
-
-
total
-
9 135
-
-
Dividends
-
34 365
-
-
withholding
-
9 622
-
-
total
-
9 622
-
-
Income
43 500
43 500
43 500
43 500
Total tax
21 114
18 757
19 263
18 236
After tax
22 386
24 743
24 237
25 264
Living cost
25 923
25 923
25 923
25 923
Free-cash
-3 537
-1 180
-1 686
-659

Estimated living cost  is ₽25923 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
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.
₽4565
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
₽28612
₽36877
₽35137
₽33977
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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
7 735
-
43 500
-
income
1 547
-
8 700
-
total
1 547
-
8 700
-
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%.

35 765
43 500
-
-
total
-
-
-
-
Dividends
35 765
43 500
-
-
withholding
1 788
2 175
-
-
total
1 788
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
3 335
2 175
8 700
435
After tax
40 165
41 325
34 800
43 065
Living cost
6 188
6 188
6 188
6 188
Free-cash
33 977
35 137
28 612
36 877

Estimated living cost  is ₽6188 per week

₽3835
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.
₽1669
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
₽623
₽1999
₽7783
₽870
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.

-
-
-
43 500
income
-
-
-
7 042
health
-
-
-
4 282
unemployment
-
-
-
66
pensions
-
-
-
7 944
total
-
-
-
19 334
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.

36 545
-
37 641
-
income
6 302
-
6 533
-
health
2 360
-
2 431
-
unemployment
52
-
53
-
pensions
5 665
-
5 834
-
total
14 379
-
14 851
-
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.

36 545
-
37 641
-
unemployment
22
-
22
-
pensions
3 234
-
3 331
-
health
2 434
-
2 506
-
total
5 690
-
5 859
-
Corporate
1 265
43 500
-
-
income
240
8 265
-
-
total
240
8 265
-
-
Dividends
1 025
35 235
-
-
withholding
154
5 285
-
-
total
154
5 285
-
-
Income
43 500
43 500
43 500
43 500
Total tax
20 463
13 550
20 710
19 334
After tax
23 037
29 950
22 790
24 166
Living cost
22 167
22 167
22 167
22 167
Free-cash
870
7 783
623
1 999

Estimated living cost  is ₽22167 per week

₽15213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5105
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
₽1337
-₽15458
-₽5966
-₽1303
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.

-
-
-
43 500
income
-
-
-
23 525
health

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

-
-
-
5 433
total
-
-
-
28 958
Employee
37 912
-
39 698
-
social contributions
3 798
-
3 802
-
income
4 114
-
4 559
-
total
7 912
-
8 361
-
Employer
37 912
-
39 698
-
social contributions
3 798
-
3 802
-
total
3 798
-
3 802
-
Corporate
1 789
43 500
-
-
income
626
15 225
-
-
total
626
15 225
-
-
Dividends
1 164
28 275
-
-
social contributions
2 467
4 241
-
-
total
2 467
4 241
-
-
Income
43 500
43 500
43 500
43 500
Total tax
14 803
19 466
12 163
28 958
After tax
28 697
24 034
31 337
14 542
Living cost
30 000
30 000
30 000
30 000
Free-cash
-1 303
-5 966
1 337
-15 458

Estimated living cost  is ₽30000 per week

₽19761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
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
₽8702
₽10410
₽9017
₽9444
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
-
-
-
43 500
income
-
-
-
6 526
social contributions
-
-
-
6 004
health
-
-
-
3 036
total
-
-
-
15 566
Employee
28 021
-
43 500
-
income
4 674
-
8 234
-
social contributions
3 867
-
6 004
-
health
1 956
-
3 036
-
total
10 497
-
17 274
-
Employer
28 021
-
43 500
-
total
-
-
-
-
Corporate
15 479
43 500
-
-
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%.

773
2 175
-
-
total
773
2 175
-
-
Dividends
14 706
41 325
-
-
withholding
2 207
6 198
-
-
health
1 026
2 884
-
-
social contributions
2 029
5 702
-
-
total
5 262
14 784
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 532
16 959
17 274
15 566
After tax
26 968
26 541
26 226
27 934
Living cost
17 524
17 524
17 524
17 524
Free-cash
9 444
9 017
8 702
10 410

Estimated living cost  is ₽17524 per week

₽11728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
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.
₽4311
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
-₽597
-₽1484
₽7279
-₽1176
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
-
-
-
43 500
income
-
-
-
3 739
social contributions
-
-
-
12 702
solidarity contribution
-
-
-
-
health
-
-
-
5 872
total
-
-
-
22 313
Employee
33 340
-
32 463
-
solidarity contribution
-
-
-
-
income
4 001
-
3 896
-
social contributions
2 167
-
2 110
-
health
4 501
-
4 382
-
total
10 669
-
10 388
-
Employer
33 340
-
32 463
-
social contributions
8 335
-
8 116
-
health
3 001
-
2 922
-
total
11 336
-
11 038
-
Corporate
-
43 500
-
-
income
-
8 265
-
-
total
-
8 265
-
-
Dividends
-
35 235
-
-
withholding
-
5 285
-
-
total
-
5 285
-
-
Income
43 500
43 500
43 500
43 500
Total tax
22 005
13 550
21 426
22 313
After tax
21 495
29 950
22 074
21 187
Living cost
22 671
22 671
22 671
22 671
Free-cash
-1 176
7 279
-597
-1 484

Estimated living cost  is ₽22671 per week

₽16860
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.
₽4163
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
₽25157
₽33422
₽31682
₽29874
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%.

-
-
-
43 500
microenterprise

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

-
-
-
435
total
-
-
-
435
Employee
12 054
-
43 500
-
income
2 411
-
8 700
-
total
2 411
-
8 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

31 446
43 500
-
-
total
-
-
-
-
Dividends
31 446
43 500
-
-
withholding
1 572
2 175
-
-
total
1 572
2 175
-
-
Income
43 500
43 500
43 500
43 500
Total tax
3 983
2 175
8 700
435
After tax
39 517
41 325
34 800
43 065
Living cost
9 643
9 643
9 643
9 643
Free-cash
29 874
31 682
25 157
33 422

Estimated living cost  is ₽9643 per week

₽6526
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.
₽2389
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
-₽13280
-₽13761
-₽17992
-₽24427
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
-
-
-
43 500
income
-
-
-
1 749
social contributions
-
-
-
1 239
health
-
-
-
378
surtax
-
-
-
-
pensions
-
-
-
12 630
other
-
-
-
1 349
total
-
-
-
17 345
Employee
51 761
-
33 148
-
income
4 516
-
1 819
-
social contributions
1 474
-
944
-
surtax
-
-
-
-
pensions
5 855
-
3 750
-
total
11 845
-
6 513
-
Employer
51 761
-
33 148
-
unemployment
2 097
-
1 342
-
social contributions
155
-
99
-
pensions
8 505
-
5 447
-
other
1 786
-
1 143
-
health
3 623
-
2 320
-
total
16 166
-
10 351
-
Corporate
-
43 500
-
-
income
-
12 180
-
-
surtax
-
-
-
-
total
-
12 180
-
-
Dividends
-
31 320
-
-
withholding
-
4 009
-
-
surtax
-
-
-
-
social contributions
-
5 387
-
-
total
-
9 396
-
-
Income
43 500
43 500
43 500
43 500
Total tax
28 011
21 576
16 864
17 345
After tax
15 489
21 924
26 636
26 155
Living cost
39 916
39 916
39 916
39 916
Free-cash
-24 427
-17 992
-13 280
-13 761

Estimated living cost  is ₽39916 per week

₽27014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
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.
₽9088
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
₽9263
₽7389
₽17186
₽13133
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.

-
-
-
43 500
income
-
-
-
5 424
health
-
-
-
4 481
unemployment
-
-
-
653
pensions
-
-
-
11 310
total
-
-
-
21 868
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.

21 478
-
36 896
-
income
2 961
-
6 048
-
health
1 106
-
1 900
-
unemployment
161
-
277
-
pensions
3 007
-
5 165
-
total
7 235
-
13 390
-
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.

21 478
-
36 896
-
unemployment
161
-
277
-
pensions
2 577
-
4 427
-
health
1 106
-
1 900
-
total
3 844
-
6 604
-
Corporate
18 178
43 500
-
-
income
2 727
6 525
-
-
total
2 727
6 525
-
-
Dividends
15 451
36 975
-
-
withholding
2 318
5 546
-
-
total
2 318
5 546
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 124
12 071
19 994
21 868
After tax
27 376
31 429
23 506
21 632
Living cost
14 243
14 243
14 243
14 243
Free-cash
13 133
17 186
9 263
7 389

Estimated living cost  is ₽14243 per week

₽9590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
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
-₽23160
-₽20958
-₽37953
-₽30640
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
-
-
-
43 500
regional
-
-
-
963
national
-
-
-
131
health
-
-
-
189
city
-
-
-
458
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.

-
-
-
871
pensions
-
-
-
4 002
total
-
-
-
6 614
Employee
67 693
-
38 936
-
regional
2 217
-
798
-
city
726
-
419
-
health
153
-
88
-
unemployment
-
-
-
-
national
320
-
105
-
pensions
5 687
-
3 270
-
total
9 103
-
4 680
-
Employer
67 693
-
38 936
-
unemployment
-
-
-
-
pensions
5 687
-
3 270
-
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
-
778
-
health
153
-
88
-
total
7 193
-
4 136
-
Corporate
-
43 500
-
-
regional
-
9 201
-
-
national
-
3 698
-
-
total
-
12 899
-
-
Dividends
-
30 601
-
-
withholding
-
10 710
-
-
total
-
10 710
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 296
23 609
8 816
6 614
After tax
27 204
19 891
34 684
36 886
Living cost
57 844
57 844
57 844
57 844
Free-cash
-30 640
-37 953
-23 160
-20 958

Estimated living cost  is ₽57844 per week

₽37615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5191
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.
₽14328
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
-₽4721
₽2541
-₽1627
-₽8184
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

-
-
-
43 500
municipal
-
-
-
7 771
national
-
-
-
1 134
health
-
-
-
325
total
-
-
-
9 230
Employee
43 481
-
36 595
-
health
325
-
218
-
unemployment
652
-
549
-
national
718
-
345
-
municipal
7 122
-
6 005
-
pensions
2 934
-
2 470
-
total
11 751
-
9 587
-
Employer
43 481
-
36 595
-
unemployment
282
-
238
-
pensions
7 544
-
6 349
-
accident
44
-
36
-
health
334
-
282
-
total
8 204
-
6 905
-
Corporate
-
43 500
-
-
income
-
8 699
-
-
total
-
8 699
-
-
Dividends

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

-
26 100
-
-
national
-
-
-
-
municipal
-
4 699
-
-
total
-
4 699
-
-
Income
43 500
43 500
43 500
43 500
Total tax
19 955
13 398
16 492
9 230
After tax
23 545
30 102
27 008
34 270
Living cost
31 729
31 729
31 729
31 729
Free-cash
-8 184
-1 627
-4 721
2 541

Estimated living cost  is ₽31729 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3052
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.
₽7448
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
-₽11200
-₽6155
-₽5593
-₽32822
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
-
-
-
43 500
national
-
-
-
12 521
social contributions
-
-
-
4 672
communal

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

-
-
-
2 329
total
-
-
-
19 522
Employee

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

59 116
-
33 693
-
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.

2 777
-
1 584
-
communal

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

3 083
-
1 758
-
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
-
293
-
national
18 174
-
8 598
-
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.

4 434
-
2 527
-
total
28 982
-
14 760
-
Employer

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

59 116
-
33 693
-
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.

863
-
492
-
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.

5 238
-
2 985
-
surtax
6 703
-
3 820
-
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
-
438
-
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.

3 635
-
2 072
-
total
17 207
-
9 807
-
Corporate
-
43 500
-
-
income
-
8 699
-
-
surtax
-
174
-
-
total
-
8 873
-
-
Dividends
-
34 626
-
-
withholding

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

-
10 087
-
-
total
-
10 087
-
-
Income
43 500
43 500
43 500
43 500
Total tax
46 189
18 960
24 567
19 522
After tax
-2 689
24 540
18 933
23 978
Living cost
30 133
30 133
30 133
30 133
Free-cash
-32 822
-5 593
-11 200
-6 155

Estimated living cost  is ₽30133 per week

₽19410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
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.
₽7617
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
-₽10753
-₽12299
-₽10232
-₽20137
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
-
-
-
43 500
municipal
-
-
-
9 214
national
-
-
-
-
health
-
-
-
2 714
accident
-
-
-
87
unemployment
-
-
-
44
pensions
-
-
-
4 702
other
-
-
-
5 055
total
-
-
-
21 816
Employee
48 422
-
33 100
-
national
-
-
-
-
municipal
14 440
-
9 870
-
total
14 440
-
9 870
-
Employer
48 422
-
33 100
-
unemployment
1 278
-
874
-
pensions
5 234
-
3 578
-
other
5 627
-
3 846
-
accident
97
-
66
-
health
2 978
-
2 036
-
total
15 214
-
10 400
-
Corporate
-
43 500
-
-
income
-
9 570
-
-
total
-
9 570
-
-
Dividends
-
33 930
-
-
withholding
-
10 179
-
-
total
-
10 179
-
-
Income
43 500
43 500
43 500
43 500
Total tax
29 654
19 749
20 270
21 816
After tax
13 846
23 751
23 230
21 684
Living cost
33 983
33 983
33 983
33 983
Free-cash
-20 137
-10 232
-10 753
-12 299

Estimated living cost  is ₽33983 per week

₽22522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
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.
₽7610
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
-₽5734
-₽7669
-₽11266
-₽86881
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
-
-
-
43 500
income
-
-
-
8 479
social contributions
-
-
-
4 959
total
-
-
-
13 438
Employee
54 100
-
-
-
income
11 933
-
-
-
social contributions
4 436
-
632
-
total
16 369
-
632
-
Employer
54 100
-
-
-
social contributions
76 281
-
10 871
-
total
76 281
-
10 871
-
Corporate
-
43 500
-
-
income
-
9 570
-
-
total
-
9 570
-
-
Dividends
-
33 930
-
-
income
-
7 465
-
-
total
-
7 465
-
-
Income
43 500
43 500
43 500
43 500
Total tax
92 650
17 035
11 503
13 438
After tax
-49 150
26 465
31 997
30 062
Living cost
37 731
37 731
37 731
37 731
Free-cash
-86 881
-11 266
-5 734
-7 669

Estimated living cost  is ₽37731 per week

₽24481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3549
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.
₽9220
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
₽2133
₽7795
-₽1993
₽1836
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
-
-
-
43 500
income
-
-
-
1 005
social contributions
-
-
-
6 786
health
-
-
-
1 109
total
-
-
-
8 900
Employee
63 549
63 549
63 549
-
income
6 673
5 883
6 604
-
social contributions
3 088
5 274
3 278
-
health
632
1 081
671
-
total
10 393
12 238
10 553
-
Employer
63 549
63 549
63 549
-
social contributions
3 088
5 274
3 278
-
health
688
1 176
731
-
total
3 776
6 450
4 009
-
Corporate
2 525
-
-
-
income
315
-
-
-
total
315
-
-
-
Dividends
2 209
-
-
-
withholding
375
-
-
-
total
375
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
14 859
18 688
14 562
8 900
After tax
28 641
24 812
28 938
34 600
Living cost
26 805
26 805
26 805
26 805
Free-cash
1 836
-1 993
2 133
7 795

Estimated living cost  is ₽26805 per week

₽18324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2094
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.
₽5938
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
-₽1717
₽2578
₽2416
-₽2891
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
-
-
-
43 500
income
-
-
-
8 189
pensions
-
-
-
2 558
total
-
-
-
10 747
Employee
41 420
-
38 922
-
income
7 543
-
7 113
-
health
540
-
488
-
pensions
3 161
-
2 863
-
total
11 244
-
10 464
-
Employer
41 420
-
38 922
-
pensions
4 185
-
3 839
-
health
787
-
739
-
total
4 972
-
4 578
-
Corporate
-
43 500
-
-
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.

-
8 266
-
-
total
-
8 266
-
-
Dividends
-
35 234
-
-
withholding
-
2 643
-
-
total
-
2 643
-
-
Income
43 500
43 500
43 500
43 500
Total tax
16 216
10 909
15 042
10 747
After tax
27 284
32 591
28 458
32 753
Living cost
30 175
30 175
30 175
30 175
Free-cash
-2 891
2 416
-1 717
2 578

Estimated living cost  is ₽30175 per week

₽20700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2775
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.
₽6321
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
-₽11746
-₽9332
-₽10010
-₽26141
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
-
-
-
43 500
municipal
-
-
-
290
regional
-
-
-
647
national
-
-
-
7 784
social contributions
-
-
-
11 188
total
-
-
-
19 909
Employee
69 641
-
43 500
-
regional
1 051
-
551
-
social contributions
23 482
-
14 669
-
national
11 769
-
6 844
-
municipal
416
-
259
-
total
36 718
-
22 323
-
Employer
69 641
-
43 500
-
total
-
-
-
-
Corporate
-
43 500
-
-
nationa
-
10 440
-
-
municipal
-
2 097
-
-
total
-
12 537
-
-
Dividends
-
30 963
-
-
withholding
-
8 050
-
-
total
-
8 050
-
-
Income
43 500
43 500
43 500
43 500
Total tax
36 718
20 587
22 323
19 909
After tax
6 782
22 913
21 177
23 591
Living cost
32 923
32 923
32 923
32 923
Free-cash
-26 141
-10 010
-11 746
-9 332

Estimated living cost  is ₽32923 per week

₽23126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
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.
₽7034
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
₽5694
₽12800
-₽13754
₽872
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
-
-
-
43 500
income
-
-
-
7 952
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 268
other
-
-
-
291
total
-
-
-
13 422
Employee
27 179
-
36 135
-
income
3 729
-
4 957
-
health
3 112
-
4 137
-
pensions
3 060
-
4 069
-
total
9 901
-
13 163
-
Employer
27 179
-
36 135
-
unemployment
666
-
885
-
pensions
4 420
-
5 876
-
accident
454
-
604
-
total
5 540
-
7 365
-
Corporate
10 782
43 500
-
-
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.

9 704
39 150
-
-
total
9 704
39 150
-
-
Dividends
1 078
4 350
-
-
withholding
205
826
-
-
total
205
826
-
-
Income
43 500
43 500
43 500
43 500
Total tax
25 350
39 976
20 528
13 422
After tax
18 150
3 524
22 972
30 078
Living cost
17 278
17 278
17 278
17 278
Free-cash
872
-13 754
5 694
12 800

Estimated living cost  is ₽17278 per week

₽12663
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
₽1678
₽950
-₽9354
₽1458
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.

-
-
-
43 500
income

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

-
-
-
4 046
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.

-
-
-
5 646
trade
-
-
-
728
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.

-
-
-
223
total
-
-
-
10 643
Employee

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

41 120
-
43 500
-
income

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

3 381
-
4 046
-
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.

5 646
-
5 646
-
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
-
223
-
total
9 214
-
9 915
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 380
43 500
-
-
chamber of commerce
129
190
-
-
income
358
6 526
-
-
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.

20
359
-
-
trade
342
6 242
-
-
total
849
13 317
-
-
Dividends
1 531
30 183
-
-
withholding
69
7 232
-
-
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.

3
398
-
-
total
72
7 630
-
-
Income
43 500
43 500
43 500
43 500
Total tax
10 135
20 947
9 915
10 643
After tax
33 365
22 553
33 585
32 857
Living cost
31 907
31 907
31 907
31 907
Free-cash
1 458
-9 354
1 678
950

Estimated living cost  is ₽31907 per week

₽22010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽6000
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
₽7765
₽17179
₽17608
₽10827
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.

-
-
-
43 500
microenterprise
-
-
-
6 526
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.

-
-
-
2 602
surtax
-
-
-
-
total
-
-
-
9 128
Employee
24 149
-
35 055
-
income
4 299
-
6 240
-
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.

2 657
-
3 857
-
surtax
-
-
-
-
total
6 956
-
10 097
-
Employer
24 149
-
35 055
-
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.

5 817
-
8 445
-
surtax
-
-
-
-
total
5 817
-
8 445
-
Corporate
13 534
43 500
-
-
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%.

2 707
8 699
-
-
total
2 707
8 699
-
-
Dividends

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

10 827
34 801
-
-
total
-
-
-
-
Income
43 500
43 500
43 500
43 500
Total tax
15 480
8 699
18 542
9 128
After tax
28 020
34 801
24 958
34 372
Living cost
17 193
17 193
17 193
17 193
Free-cash
10 827
17 608
7 765
17 179

Estimated living cost  is ₽17193 per week

₽10969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
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.
₽4197
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
₽11408
₽11330
₽16469
₽14715
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
-
-
-
43 500
income
-
-
-
8 062
health
-
-
-
5 646
pensions
-
-
-
7 787
total
-
-
-
21 495
Employee
16 260
-
35 510
-
income
3 145
-
8 102
-
health
813
-
1 775
-
unemployment
163
-
355
-
pensions
1 463
-
3 196
-
total
5 584
-
13 428
-
Employer
16 260
-
35 510
-
unemployment
325
-
710
-
pensions
1 789
-
3 906
-
health
1 545
-
3 373
-
total
3 659
-
7 989
-
Corporate
23 581
43 500
-
-
income
5 188
9 570
-
-
total
5 188
9 570
-
-
Dividends
18 394
33 930
-
-
withholding
3 679
6 786
-
-
total
3 679
6 786
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 110
16 356
21 417
21 495
After tax
25 390
27 144
22 083
22 005
Living cost
10 675
10 675
10 675
10 675
Free-cash
14 715
16 469
11 408
11 330

Estimated living cost  is ₽10675 per week

₽6344
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.
₽3221
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
₽5287
₽6359
₽8797
₽6170
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
-
-
-
43 500
income
-
-
-
6 319
health
-
-
-
3 088
unemployment
-
-
-
188
surtax
-
-
-
284
pensions
-
-
-
8 699
other
-
-
-
-
total
-
-
-
18 578
Employee
27 832
-
35 936
-
other
-
-
-
-
income
4 666
-
6 024
-
health
710
-
917
-
unemployment
1 937
-
2 501
-
surtax
99
-
249
-
pensions
1 857
-
2 396
-
total
9 269
-
12 087
-
Employer
27 832
-
35 936
-
unemployment
883
-
1 139
-
pensions
3 711
-
4 790
-
other
-
-
-
-
health
1 266
-
1 634
-
total
5 860
-
7 563
-
Corporate
9 809
43 500
-
-
income
2 550
11 311
-
-
total
2 550
11 311
-
-
Dividends
7 259
32 189
-
-
withholding
1 088
4 829
-
-
total
1 088
4 829
-
-
Income
43 500
43 500
43 500
43 500
Total tax
18 767
16 140
19 650
18 578
After tax
24 733
27 360
23 850
24 922
Living cost
18 563
18 563
18 563
18 563
Free-cash
6 170
8 797
5 287
6 359

Estimated living cost  is ₽18563 per week

₽11207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
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.
₽5312
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
-₽8967
-₽1935
-₽1605
-₽3807
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
-
-
-
43 500
income
-
-
-
2 451
chamber of commerce
-
-
-
174
health
-
-
-