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
₽ 45500
per

Your estimated
City
free-cash

Valencia , Spain
₽4149
₽3176
₽2853
₽8479
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
-
-
-
45 500
unemployment
-
-
-
318
income
-
-
-
6 737
other
-
-
-
46
accident
-
-
-
410
pensions
-
-
-
12 877
total
-
-
-
20 388
Employee
29 931
-
34 500
-
unemployment
464
-
535
-
pensions
1 407
-
1 622
-
income
5 770
-
6 875
-
other
29
-
34
-
total
7 670
-
9 066
-
Employer
29 931
-
34 500
-
pensions
7 063
-
8 141
-
accident
593
-
684
-
unemployment
1 647
-
1 897
-
other
240
-
277
-
total
9 543
-
10 999
-
Corporate
6 027
45 500
-
-
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.

905
6 825
-
-
total
905
6 825
-
-
Dividends
5 122
38 675
-
-
withholding
974
7 937
-
-
total
974
7 937
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 092
14 762
20 065
20 388
After tax
26 408
30 738
25 435
25 112
Living cost
22 259
22 259
22 259
22 259
Free-cash
4 149
8 479
3 176
2 853

Estimated living cost  is ₽22259 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽4705
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
₽6393
₽5103
₽3069
₽11860
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
-
-
-
45 500
pensions

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

-
-
-
10 920
income
-
-
-
5 779
other
-
-
-
2 161
health
-
-
-
2 002
total
-
-
-
20 862
Employee
29 391
-
36 342
-
health
412
-
508
-
unemployment
293
-
364
-
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.

2 057
-
2 544
-
income
5 060
-
6 255
-
total
7 822
-
9 671
-
Employer
29 391
-
36 342
-
health
412
-
508
-
pensions

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

4 997
-
6 178
-
accident
235
-
290
-
unemployment
293
-
364
-
other
1 470
-
1 817
-
total
7 407
-
9 157
-
Corporate
8 702
45 500
-
-
income
1 828
9 555
-
-
total
1 828
9 555
-
-
Dividends
6 874
35 945
-
-
withholding
481
2 516
-
-
total
481
2 516
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 538
12 071
18 828
20 862
After tax
27 962
33 429
26 672
24 638
Living cost
21 569
21 569
21 569
21 569
Free-cash
6 393
11 860
5 103
3 069

Estimated living cost  is ₽21569 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4525
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
₽24513
₽21230
₽20493
₽28277
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
-
-
-
45 500
pensions

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

-
-
-
4 189
unemployment
-
-
-
113
income
-
-
-
6 825
health
-
-
-
3 255
total
-
-
-
14 382
Employee
14 069
-
39 946
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 407
-
3 994
-
total
3 444
-
8 092
-
Employer
14 069
-
39 946
-
health
971
-
1 953
-
pensions

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

1 551
-
3 119
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 761
-
5 553
-
Corporate
28 670
45 500
-
-
income
2 867
4 550
-
-
total
2 867
4 550
-
-
Dividends
25 803
40 950
-
-
withholding
1 290
2 048
-
-
total
1 290
2 048
-
-
Income
45 500
45 500
45 500
45 500
Total tax
10 362
6 598
13 645
14 382
After tax
35 138
38 902
31 855
31 118
Living cost
10 625
10 625
10 625
10 625
Free-cash
24 513
28 277
21 230
20 493

Estimated living cost  is ₽10625 per week

₽6203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
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.
₽3382
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
₽18
₽21
-₽407
-₽4764
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
-
-
-
45 500
income
-
-
-
1 988
other
-
-
-
1 410
health
-
-
-
395
social contributions
-
-
-
1 296
pensions
-
-
-
13 123
surtax
-
-
-
-
total
-
-
-
18 212
Employee
34 644
-
34 672
-
pensions
3 917
-
3 920
-
income
2 045
-
2 048
-
social contributions
988
-
988
-
surtax
-
-
-
-
total
6 950
-
6 956
-
Employer
34 644
-
34 672
-
health
2 426
-
2 427
-
social contributions
104
-
104
-
pensions
5 691
-
5 696
-
unemployment
1 402
-
1 404
-
other
1 195
-
1 197
-
total
10 818
-
10 828
-
Corporate
37
45 500
-
-
income
11
12 741
-
-
surtax
-
-
-
-
total
11
12 741
-
-
Dividends
26
32 759
-
-
social contributions
5
5 634
-
-
surtax
-
-
-
-
withholding
3
4 194
-
-
total
8
9 828
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 787
22 569
17 784
18 212
After tax
27 713
22 931
27 716
27 288
Living cost
27 695
27 695
27 695
27 695
Free-cash
18
-4 764
21
-407

Estimated living cost  is ₽27695 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
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.
₽7510
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
-₽34883
-₽34883
-₽7884
-₽30339
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
-
-
-
45 500
pensions
-
-
-
8 191
income
-
-
-
4 300
health
-
-
-
6 983
total
-
-
-
19 474
Employee
69 125
69 125
69 125
-
health
10 610
9 025
10 610
-
pensions
12 443
9 484
12 443
-
income

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

11 315
11 315
11 315
-
total
34 368
29 824
34 368
-
Employer
69 125
69 125
69 125
-
health
4 805
4 805
4 805
-
pensions
4 811
4 811
4 811
-
unemployment
2 489
2 489
2 489
-
total
12 105
12 105
12 105
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
46 473
41 929
46 473
19 474
After tax
-973
3 571
-973
26 026
Living cost
33 910
33 910
33 910
33 910
Free-cash
-34 883
-30 339
-34 883
-7 884

Estimated living cost  is ₽33910 per week

₽24031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽6283
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
₽7543
₽10395
₽9157
-₽1411
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.

-
-
-
45 500
trade
-
-
-
1 238
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.

-
-
-
4 793
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.

-
-
-
5 530
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.

-
-
-
264
total
-
-
-
11 825
Employee

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

30 961
-
45 500
-
health

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

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

5 530
-
5 530
-
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.

865
-
4 793
-
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.

48
-
264
-
total
6 443
-
10 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 539
45 500
-
-
income
2 181
6 825
-
-
trade
2 290
7 166
-
-
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.

120
375
-
-
chamber of commerce
144
189
-
-
total
4 735
14 555
-
-
Dividends
9 804
30 945
-
-
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.

118
409
-
-
withholding
2 143
7 429
-
-
total
2 261
7 838
-
-
Income
45 500
45 500
45 500
45 500
Total tax
13 439
22 393
10 587
11 825
After tax
32 061
23 107
34 913
33 675
Living cost
24 518
24 518
24 518
24 518
Free-cash
7 543
-1 411
10 395
9 157

Estimated living cost  is ₽24518 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
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
₽10364
₽12047
₽17043
₽8455
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
-
-
-
45 500
income
-
-
-
1 458
health
-
-
-
1 160
social contributions
-
-
-
7 098
total
-
-
-
9 716
Employee
62 244
62 244
62 244
-
health
482
1 058
702
-
income
6 777
5 762
6 389
-
social contributions
2 353
5 166
3 429
-
total
9 612
11 986
10 520
-
Employer
62 244
62 244
62 244
-
health
524
1 152
763
-
social contributions
2 353
5 166
3 429
-
total
2 877
6 318
4 192
-
Corporate
14 268
-
-
-
income
1 783
-
-
-
total
1 783
-
-
-
Dividends
12 485
-
-
-
withholding
2 123
-
-
-
total
2 123
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
16 395
18 304
14 712
9 716
After tax
29 105
27 196
30 788
35 784
Living cost
18 741
18 741
18 741
18 741
Free-cash
10 364
8 455
12 047
17 043

Estimated living cost  is ₽18741 per week

₽11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
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
-₽571
-₽267
₽910
₽490
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.

-
-
-
45 500
income
-
-
-
3 389
social contributions

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

-
-
-
15 811
surtax
-
-
-
-
total
-
-
-
19 200
Employee
37 229
-
36 767
-
income
7 744
-
7 599
-
social contributions
4 095
-
4 045
-
surtax
-
-
-
-
total
11 839
-
11 644
-
Employer
37 229
-
36 767
-
social contributions
8 842
-
8 733
-
total
8 842
-
8 733
-
Corporate
-
45 500
-
-
income
-
9 555
-
-
surtax
-
-
-
-
total
-
9 555
-
-
Dividends
-
35 945
-
-
withholding
-
10 065
-
-
total
-
10 065
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 681
19 620
20 377
19 200
After tax
24 819
25 880
25 123
26 300
Living cost
25 390
25 390
25 390
25 390
Free-cash
-571
490
-267
910

Estimated living cost  is ₽25390 per week

₽18997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽4472
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
₽36044
₽30353
₽38998
₽37178
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%.

-
-
-
45 500
microenterprise

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

-
-
-
455
total
-
-
-
455
Employee
7 559
-
45 500
-
income
1 512
-
9 100
-
total
1 512
-
9 100
-
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%.

37 941
45 500
-
-
total
-
-
-
-
Dividends
37 941
45 500
-
-
withholding
1 897
2 275
-
-
total
1 897
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
3 409
2 275
9 100
455
After tax
42 091
43 225
36 400
45 045
Living cost
6 047
6 047
6 047
6 047
Free-cash
36 044
37 178
30 353
38 998

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
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.
₽1631
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
₽2844
₽2032
₽3384
₽9615
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.

-
-
-
45 500
pensions
-
-
-
8 309
unemployment
-
-
-
68
income
-
-
-
7 551
health
-
-
-
4 476
total
-
-
-
20 404
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.

35 795
-
39 371
-
health
2 312
-
2 544
-
unemployment
51
-
55
-
pensions
5 548
-
6 103
-
income
6 173
-
6 925
-
total
14 084
-
15 627
-
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.

35 795
-
39 371
-
health
2 384
-
2 622
-
pensions
3 167
-
3 484
-
unemployment
22
-
23
-
total
5 573
-
6 129
-
Corporate
4 132
45 500
-
-
income
785
8 645
-
-
total
785
8 645
-
-
Dividends
3 347
36 855
-
-
withholding
502
5 528
-
-
total
502
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
20 944
14 173
21 756
20 404
After tax
24 556
31 327
23 744
25 096
Living cost
21 712
21 712
21 712
21 712
Free-cash
2 844
9 615
2 032
3 384

Estimated living cost  is ₽21712 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽5000
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
₽604
₽3479
-₽12050
-₽4086
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.

-
-
-
45 500
income
-
-
-
23 042
health

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

-
-
-
5 124
total
-
-
-
28 166
Employee
37 134
-
41 776
-
social contributions
3 720
-
3 724
-
income
4 029
-
5 189
-
total
7 749
-
8 913
-
Employer
37 134
-
41 776
-
social contributions
3 720
-
3 724
-
total
3 720
-
3 724
-
Corporate
4 646
45 500
-
-
income
1 627
15 925
-
-
total
1 627
15 925
-
-
Dividends
3 019
29 575
-
-
social contributions
2 416
4 277
-
-
total
2 416
4 277
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 512
20 202
12 637
28 166
After tax
29 988
25 298
32 863
17 334
Living cost
29 384
29 384
29 384
29 384
Free-cash
604
-4 086
3 479
-12 050

Estimated living cost  is ₽29384 per week

₽19355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
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.
₽7261
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
₽11014
₽10150
₽12056
₽10595
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
-
-
-
45 500
income
-
-
-
6 825
health
-
-
-
3 175
social contributions
-
-
-
6 280
total
-
-
-
16 280
Employee
27 446
-
45 500
-
health
1 916
-
3 175
-
income
4 578
-
8 731
-
social contributions
3 788
-
6 280
-
total
10 282
-
18 186
-
Employer
27 446
-
45 500
-
total
-
-
-
-
Corporate
18 054
45 500
-
-
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%.

903
2 275
-
-
total
903
2 275
-
-
Dividends
17 151
43 225
-
-
social contributions
2 367
5 965
-
-
withholding
2 573
6 484
-
-
health
1 197
3 017
-
-
total
6 137
15 466
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 322
17 741
18 186
16 280
After tax
28 178
27 759
27 314
29 220
Living cost
17 164
17 164
17 164
17 164
Free-cash
11 014
10 595
10 150
12 056

Estimated living cost  is ₽17164 per week

₽11487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4223
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
₽641
₽471
-₽457
₽8709
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
-
-
-
45 500
income
-
-
-
3 911
health
-
-
-
6 142
social contributions
-
-
-
13 286
solidarity contribution
-
-
-
-
total
-
-
-
23 339
Employee
33 261
-
33 955
-
health
4 490
-
4 584
-
solidarity contribution
-
-
-
-
income
3 991
-
4 075
-
social contributions
2 162
-
2 207
-
total
10 643
-
10 866
-
Employer
33 261
-
33 955
-
health
2 993
-
3 056
-
social contributions
8 315
-
8 489
-
total
11 308
-
11 545
-
Corporate
930
45 500
-
-
income
177
8 645
-
-
total
177
8 645
-
-
Dividends
753
36 855
-
-
withholding
113
5 528
-
-
total
113
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
22 241
14 173
22 411
23 339
After tax
23 259
31 327
23 089
22 161
Living cost
22 618
22 618
22 618
22 618
Free-cash
641
8 709
471
-457

Estimated living cost  is ₽22618 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽4153
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
₽32035
₽26977
₽35622
₽33802
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%.

-
-
-
45 500
microenterprise

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

-
-
-
455
total
-
-
-
455
Employee
11 779
-
45 500
-
income
2 356
-
9 100
-
total
2 356
-
9 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

33 721
45 500
-
-
total
-
-
-
-
Dividends
33 721
45 500
-
-
withholding
1 686
2 275
-
-
total
1 686
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
4 042
2 275
9 100
455
After tax
41 458
43 225
36 400
45 045
Living cost
9 423
9 423
9 423
9 423
Free-cash
32 035
33 802
26 977
35 622

Estimated living cost  is ₽9423 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
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.
₽2335
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
-₽21032
-₽11380
-₽11808
-₽16165
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
-
-
-
45 500
income
-
-
-
1 988
other
-
-
-
1 410
health
-
-
-
395
social contributions
-
-
-
1 296
pensions
-
-
-
13 123
surtax
-
-
-
-
total
-
-
-
18 212
Employee
50 698
-
34 672
-
pensions
5 734
-
3 920
-
income
4 424
-
2 048
-
social contributions
1 444
-
988
-
surtax
-
-
-
-
total
11 602
-
6 956
-
Employer
50 698
-
34 672
-
health
3 548
-
2 427
-
social contributions
152
-
104
-
pensions
8 330
-
5 696
-
unemployment
2 054
-
1 404
-
other
1 750
-
1 197
-
total
15 834
-
10 828
-
Corporate
-
45 500
-
-
income
-
12 741
-
-
surtax
-
-
-
-
total
-
12 741
-
-
Dividends
-
32 759
-
-
social contributions
-
5 634
-
-
surtax
-
-
-
-
withholding
-
4 194
-
-
total
-
9 828
-
-
Income
45 500
45 500
45 500
45 500
Total tax
27 436
22 569
17 784
18 212
After tax
18 064
22 931
27 716
27 288
Living cost
39 096
39 096
39 096
39 096
Free-cash
-21 032
-16 165
-11 380
-11 808

Estimated living cost  is ₽39096 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽8902
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
₽14957
₽10551
₽8590
₽18926
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.

-
-
-
45 500
pensions
-
-
-
11 830
unemployment
-
-
-
683
income
-
-
-
5 763
health
-
-
-
4 686
total
-
-
-
22 962
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.

21 032
-
38 592
-
health
1 083
-
1 987
-
unemployment
158
-
289
-
pensions
2 944
-
5 403
-
income
2 899
-
6 415
-
total
7 084
-
14 094
-
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.

21 032
-
38 592
-
health
1 083
-
1 987
-
pensions
2 524
-
4 631
-
unemployment
158
-
289
-
total
3 765
-
6 907
-
Corporate
20 703
45 500
-
-
income
3 106
6 825
-
-
total
3 106
6 825
-
-
Dividends
17 598
38 675
-
-
withholding
2 640
5 801
-
-
total
2 640
5 801
-
-
Income
45 500
45 500
45 500
45 500
Total tax
16 595
12 626
21 001
22 962
After tax
28 905
32 874
24 499
22 538
Living cost
13 948
13 948
13 948
13 948
Free-cash
14 957
18 926
10 551
8 590

Estimated living cost  is ₽13948 per week

₽9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-₽26724
-₽20150
-₽17832
-₽35542
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
-
-
-
45 500
pensions
-
-
-
4 185
city
-
-
-
479
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.

-
-
-
910
health
-
-
-
184
regional
-
-
-
1 077
national
-
-
-
148
total
-
-
-
6 983
Employee
65 943
-
40 724
-
health
149
-
91
-
unemployment
-
-
-
-
city
708
-
437
-
pensions
5 540
-
3 421
-
regional
2 159
-
903
-
national
312
-
122
-
total
8 868
-
4 974
-
Employer
65 943
-
40 724
-
health
149
-
91
-
pensions
5 540
-
3 421
-
unemployment
-
-
-
-
other

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

1 318
-
815
-
total
7 007
-
4 327
-
Corporate
-
45 500
-
-
regional
-
9 623
-
-
national
-
3 867
-
-
total
-
13 490
-
-
Dividends
-
32 010
-
-
withholding
-
11 203
-
-
total
-
11 203
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 875
24 693
9 301
6 983
After tax
29 625
20 807
36 199
38 517
Living cost
56 349
56 349
56 349
56 349
Free-cash
-26 724
-35 542
-20 150
-17 832

Estimated living cost  is ₽56349 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽13957
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
-₽5124
-₽2959
₽4332
₽393
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

-
-
-
45 500
municipal
-
-
-
8 125
health
-
-
-
363
national
-
-
-
1 602
total
-
-
-
10 090
Employee
42 588
-
38 277
-
health
318
-
252
-
unemployment
639
-
575
-
pensions
2 874
-
2 584
-
national
704
-
470
-
municipal
6 975
-
6 277
-
total
11 510
-
10 158
-
Employer
42 588
-
38 277
-
health
327
-
295
-
pensions
7 389
-
6 641
-
accident
43
-
38
-
unemployment
277
-
249
-
total
8 036
-
7 223
-
Corporate
-
45 500
-
-
income
-
9 100
-
-
total
-
9 100
-
-
Dividends

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

-
27 300
-
-
municipal
-
4 914
-
-
national
-
15
-
-
total
-
4 929
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 546
14 029
17 381
10 090
After tax
25 954
31 471
28 119
35 410
Living cost
31 078
31 078
31 078
31 078
Free-cash
-5 124
393
-2 959
4 332

Estimated living cost  is ₽31078 per week

₽20300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7295
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
-₽29257
-₽9921
-₽4910
-₽3865
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
-
-
-
45 500
communal

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

-
-
-
2 419
social contributions
-
-
-
5 184
national
-
-
-
13 293
total
-
-
-
20 896
Employee

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

57 902
-
35 240
-
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.

2 720
-
1 656
-
communal

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

3 020
-
1 839
-
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.

504
-
307
-
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.

4 343
-
2 644
-
national
17 801
-
9 201
-
total
28 388
-
15 647
-
Employer

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

57 902
-
35 240
-
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.

3 561
-
2 167
-
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.

5 131
-
3 123
-
surtax
6 565
-
3 997
-
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.

753
-
458
-
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.

845
-
515
-
total
16 855
-
10 260
-
Corporate
-
45 500
-
-
income
-
9 100
-
-
surtax
-
181
-
-
total
-
9 281
-
-
Dividends
-
36 219
-
-
withholding

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

-
10 570
-
-
total
-
10 570
-
-
Income
45 500
45 500
45 500
45 500
Total tax
45 243
19 851
25 907
20 896
After tax
257
25 649
19 593
24 604
Living cost
29 514
29 514
29 514
29 514
Free-cash
-29 257
-3 865
-9 921
-4 910

Estimated living cost  is ₽29514 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
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.
₽7461
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
-₽19868
-₽10609
-₽12226
-₽10064
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
-
-
-
45 500
unemployment
-
-
-
45
municipal
-
-
-
9 637
other
-
-
-
5 287
health
-
-
-
2 839
national
-
-
-
-
accident
-
-
-
91
pensions
-
-
-
4 919
total
-
-
-
22 818
Employee
49 740
-
34 622
-
national
-
-
-
-
municipal
14 832
-
10 324
-
total
14 832
-
10 324
-
Employer
49 740
-
34 622
-
health
3 059
-
2 129
-
pensions
5 377
-
3 743
-
accident
100
-
69
-
unemployment
1 313
-
914
-
other
5 780
-
4 023
-
total
15 629
-
10 878
-
Corporate
-
45 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
35 490
-
-
withholding
-
10 647
-
-
total
-
10 647
-
-
Income
45 500
45 500
45 500
45 500
Total tax
30 461
20 657
21 202
22 818
After tax
15 039
24 843
24 298
22 682
Living cost
34 908
34 908
34 908
34 908
Free-cash
-19 868
-10 064
-10 609
-12 226

Estimated living cost  is ₽34908 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7817
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
-₽87087
-₽4567
-₽6925
-₽10687
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
-
-
-
45 500
income
-
-
-
8 869
social contributions
-
-
-
5 187
total
-
-
-
14 056
Employee
55 015
-
-
-
income
12 135
-
-
-
social contributions
4 511
-
643
-
total
16 646
-
643
-
Employer
55 015
-
-
-
social contributions
77 572
-
11 055
-
total
77 572
-
11 055
-
Corporate
-
45 500
-
-
income
-
10 010
-
-
total
-
10 010
-
-
Dividends
-
35 490
-
-
income
-
7 808
-
-
total
-
7 808
-
-
Income
45 500
45 500
45 500
45 500
Total tax
94 218
17 818
11 698
14 056
After tax
-48 718
27 682
33 802
31 444
Living cost
38 369
38 369
38 369
38 369
Free-cash
-87 087
-10 687
-4 567
-6 925

Estimated living cost  is ₽38369 per week

₽24895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽9376
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
₽3896
₽4533
₽9529
₽941
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
-
-
-
45 500
income
-
-
-
1 458
health
-
-
-
1 160
social contributions
-
-
-
7 098
total
-
-
-
9 716
Employee
62 244
62 244
62 244
-
health
619
1 058
702
-
income
6 536
5 762
6 389
-
social contributions
3 025
5 166
3 429
-
total
10 180
11 986
10 520
-
Employer
62 244
62 244
62 244
-
health
674
1 152
763
-
social contributions
3 025
5 166
3 429
-
total
3 699
6 318
4 192
-
Corporate
5 366
-
-
-
income
671
-
-
-
total
671
-
-
-
Dividends
4 695
-
-
-
withholding
799
-
-
-
total
799
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 349
18 304
14 712
9 716
After tax
30 151
27 196
30 788
35 784
Living cost
26 255
26 255
26 255
26 255
Free-cash
3 896
941
4 533
9 529

Estimated living cost  is ₽26255 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5816
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
₽760
₽604
₽5229
₽5157
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
-
-
-
45 500
income
-
-
-
8 542
pensions
-
-
-
2 795
total
-
-
-
11 337
Employee
39 716
-
40 595
-
health
518
-
535
-
pensions
3 031
-
3 138
-
income
7 233
-
7 384
-
total
10 782
-
11 057
-
Employer
39 716
-
40 595
-
health
755
-
772
-
pensions
4 013
-
4 133
-
total
4 768
-
4 905
-
Corporate
1 016
45 500
-
-
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.

194
8 645
-
-
total
194
8 645
-
-
Dividends
822
36 855
-
-
withholding
62
2 764
-
-
total
62
2 764
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 806
11 409
15 962
11 337
After tax
29 694
34 091
29 538
34 163
Living cost
28 934
28 934
28 934
28 934
Free-cash
760
5 157
604
5 229

Estimated living cost  is ₽28934 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽6061
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
-₽22711
-₽10175
-₽7649
-₽8282
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
-
-
-
45 500
municipal
-
-
-
304
regional
-
-
-
692
social contributions
-
-
-
11 702
national
-
-
-
8 204
total
-
-
-
20 902
Employee
68 211
-
45 500
-
social contributions
23 000
-
15 343
-
regional
1 030
-
592
-
national
11 527
-
7 221
-
municipal
407
-
272
-
total
35 964
-
23 428
-
Employer
68 211
-
45 500
-
total
-
-
-
-
Corporate
-
45 500
-
-
nationa
-
10 920
-
-
municipal
-
2 194
-
-
total
-
13 114
-
-
Dividends
-
32 386
-
-
withholding
-
8 421
-
-
total
-
8 421
-
-
Income
45 500
45 500
45 500
45 500
Total tax
35 964
21 535
23 428
20 902
After tax
9 536
23 965
22 072
24 598
Living cost
32 247
32 247
32 247
32 247
Free-cash
-22 711
-8 282
-10 175
-7 649

Estimated living cost  is ₽32247 per week

₽22652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6889
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
₽1057
₽6887
₽14293
-₽13456
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
-
-
-
45 500
pensions
-
-
-
3 242
income
-
-
-
8 639
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
14 066
Employee
26 964
-
37 797
-
health
3 087
-
4 328
-
pensions
3 036
-
4 256
-
income
3 699
-
5 185
-
total
9 822
-
13 769
-
Employer
26 964
-
37 797
-
pensions
4 384
-
6 146
-
accident
450
-
631
-
unemployment
661
-
926
-
total
5 495
-
7 703
-
Corporate
13 041
45 500
-
-
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.

11 737
40 950
-
-
total
11 737
40 950
-
-
Dividends
1 304
4 550
-
-
withholding
248
865
-
-
total
248
865
-
-
Income
45 500
45 500
45 500
45 500
Total tax
27 302
41 815
21 472
14 066
After tax
18 198
3 685
24 028
31 434
Living cost
17 141
17 141
17 141
17 141
Free-cash
1 057
-13 456
6 887
14 293

Estimated living cost  is ₽17141 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3271
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
₽2915
₽3662
₽2533
-₽7674
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.

-
-
-
45 500
trade
-
-
-
1 129
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.

-
-
-
4 793
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.

-
-
-
5 530
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.

-
-
-
264
total
-
-
-
11 716
Employee

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

40 276
-
45 500
-
health

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

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

5 530
-
5 530
-
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.

3 312
-
4 793
-
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.

183
-
264
-
total
9 025
-
10 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
5 224
45 500
-
-
income
783
6 825
-
-
trade
750
6 528
-
-
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.

43
375
-
-
chamber of commerce
131
189
-
-
total
1 707
13 917
-
-
Dividends
3 517
31 583
-
-
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.

31
418
-
-
withholding
571
7 588
-
-
total
602
8 006
-
-
Income
45 500
45 500
45 500
45 500
Total tax
11 334
21 923
10 587
11 716
After tax
34 166
23 577
34 913
33 784
Living cost
31 251
31 251
31 251
31 251
Free-cash
2 915
-7 674
3 662
2 533

Estimated living cost  is ₽31251 per week

₽21558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽5877
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
₽12921
₽9210
₽19287
₽19560
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.

-
-
-
45 500
income
-
-
-
-
microenterprise
-
-
-
6 825
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.

-
-
-
2 548
surtax
-
-
-
-
total
-
-
-
9 373
Employee
23 653
-
36 667
-
income
4 210
-
6 583
-
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
-
4 034
-
surtax
-
-
-
-
total
6 812
-
10 617
-
Employer
23 653
-
36 667
-
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.

5 697
-
8 833
-
surtax
-
-
-
-
total
5 697
-
8 833
-
Corporate
16 150
45 500
-
-
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%.

3 230
9 100
-
-
total
3 230
9 100
-
-
Dividends

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

12 919
36 400
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 739
9 100
19 450
9 373
After tax
29 761
36 400
26 050
36 127
Living cost
16 840
16 840
16 840
16 840
Free-cash
12 921
19 560
9 210
19 287

Estimated living cost  is ₽16840 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4111
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
₽16821
₽13090
₽13800
₽18453
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
-
-
-
45 500
income
-
-
-
9 255
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
21 761
Employee
15 139
-
37 344
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 362
-
3 263
-
income
2 929
-
8 875
-
total
5 199
-
14 314
-
Employer
15 139
-
37 344
-
health
1 438
-
3 444
-
pensions
1 665
-
3 988
-
unemployment
303
-
725
-
total
3 406
-
8 157
-
Corporate
26 955
45 500
-
-
income
5 930
10 010
-
-
total
5 930
10 010
-
-
Dividends
21 025
35 490
-
-
withholding
4 205
7 098
-
-
total
4 205
7 098
-
-
Income
45 500
45 500
45 500
45 500
Total tax
18 740
17 108
22 471
21 761
After tax
26 760
28 392
23 029
23 739
Living cost
9 939
9 939
9 939
9 939
Free-cash
16 821
18 453
13 090
13 800

Estimated living cost  is ₽9939 per week

₽5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
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.
₽2999
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
₽7863
₽6641
₽7618
₽10437
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
-
-
-
45 500
pensions
-
-
-
9 100
unemployment
-
-
-
184
income
-
-
-
6 800
other
-
-
-
-
health
-
-
-
3 232
surtax
-
-
-
384
total
-
-
-
19 700
Employee
27 260
-
37 587
-
health
696
-
959
-
unemployment
1 897
-
2 616
-
pensions
1 819
-
2 507
-
income
4 570
-
6 372
-
other
-
-
-
-
surtax
97
-
310
-
total
9 079
-
12 764
-
Employer
27 260
-
37 587
-
health
1 240
-
1 710
-
pensions
3 634
-
5 011
-
unemployment
865
-
1 192
-
other
-
-
-
-
total
5 739
-
7 913
-
Corporate
12 501
45 500
-
-
income
3 250
11 830
-
-
total
3 250
11 830
-
-
Dividends
9 251
33 670
-
-
withholding
1 387
5 051
-
-
total
1 387
5 051
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 455
16 881
20 677
19 700
After tax
26 045
28 619
24 823
25 800
Living cost
18 182
18 182
18 182
18 182
Free-cash
7 863
10 437
6 641
7 618

Estimated living cost  is ₽18182 per week

₽10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
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
-₽834
-₽8094
-₽404
₽363
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
-
-
-
45 500
pensions
-
-
-
8 418
chamber of commerce
-
-
-
181
unemployment
-
-
-
4 965
income