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
₽1555
₽1204
₽6718
₽1984
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
-
-
-
6 612
accident
-
-
-
410
unemployment
-
-
-
318
pensions
-
-
-
12 877
other
-
-
-
45
total
-
-
-
20 262
Employee
32 316
-
34 500
-
other
32
-
35
-
income
6 230
-
6 721
-
unemployment
501
-
534
-
pensions
1 519
-
1 622
-
total
8 282
-
8 912
-
Employer
32 316
-
34 500
-
unemployment
1 778
-
1 897
-
pensions
7 626
-
8 142
-
other
259
-
277
-
accident
640
-
683
-
total
10 303
-
10 999
-
Corporate
2 881
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.

433
6 825
-
-
total
433
6 825
-
-
Dividends
2 448
38 675
-
-
withholding
464
7 923
-
-
total
464
7 923
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 482
14 748
19 911
20 262
After tax
26 018
30 752
25 589
25 238
Living cost
24 034
24 034
24 034
24 034
Free-cash
1 984
6 718
1 555
1 204

Estimated living cost  is ₽24034 per week

₽16222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2310
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.
₽5080
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
₽3383
₽1349
₽10141
₽4241
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
-
-
-
5 780
health
-
-
-
2 002
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
other
-
-
-
2 161
total
-
-
-
20 863
Employee
31 734
-
36 341
-
income
5 463
-
6 256
-
health
444
-
509
-
unemployment
317
-
363
-
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.

2 221
-
2 543
-
total
8 445
-
9 671
-
Employer
31 734
-
36 341
-
unemployment
317
-
363
-
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.

5 395
-
6 178
-
other
1 587
-
1 818
-
accident
254
-
290
-
health
444
-
509
-
total
7 997
-
9 158
-
Corporate
5 769
45 500
-
-
income
1 211
9 555
-
-
total
1 211
9 555
-
-
Dividends
4 558
35 945
-
-
withholding
318
2 516
-
-
total
318
2 516
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 971
12 071
18 829
20 863
After tax
27 529
33 429
26 671
24 637
Living cost
23 288
23 288
23 288
23 288
Free-cash
4 241
10 141
3 383
1 349

Estimated living cost  is ₽23288 per week

₽16454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4886
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
₽19703
₽19086
₽27456
₽23400
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
-
-
-
3 507
unemployment
-
-
-
122
pensions

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

-
-
-
4 513
total
-
-
-
14 967
Employee
15 157
-
39 517
-
income
1 515
-
3 952
-
health
697
-
1 403
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
pensions

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

1 331
-
2 678
-
total
3 710
-
8 368
-
Employer
15 157
-
39 517
-
unemployment
91
-
183
-
pensions

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

1 670
-
3 360
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
health
1 046
-
2 104
-
total
2 974
-
5 982
-
Corporate
27 369
45 500
-
-
income
2 737
4 550
-
-
total
2 737
4 550
-
-
Dividends
24 632
40 950
-
-
withholding
1 232
2 047
-
-
total
1 232
2 047
-
-
Income
45 500
45 500
45 500
45 500
Total tax
10 653
6 597
14 350
14 967
After tax
34 847
38 903
31 150
30 533
Living cost
11 447
11 447
11 447
11 447
Free-cash
23 400
27 456
19 703
19 086

Estimated living cost  is ₽11447 per week

₽6683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3643
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
-₽2015
-₽2531
-₽6968
-₽3586
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
-
-
-
1 803
social contributions
-
-
-
1 297
health
-
-
-
395
surtax
-
-
-
-
pensions
-
-
-
13 224
other
-
-
-
1 410
total
-
-
-
18 129
Employee
37 405
-
34 673
-
income
2 208
-
1 877
-
social contributions
1 066
-
988
-
surtax
-
-
-
-
pensions
4 229
-
3 922
-
total
7 503
-
6 787
-
Employer
37 405
-
34 673
-
unemployment
1 514
-
1 405
-
social contributions
113
-
104
-
pensions
6 145
-
5 695
-
other
1 290
-
1 196
-
health
2 619
-
2 426
-
total
11 681
-
10 826
-
Corporate
-
45 500
-
-
income
-
12 739
-
-
surtax
-
-
-
-
total
-
12 739
-
-
Dividends
-
32 761
-
-
withholding
-
4 193
-
-
surtax
-
-
-
-
social contributions
-
5 634
-
-
total
-
9 827
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 184
22 566
17 613
18 129
After tax
26 316
22 934
27 887
27 371
Living cost
29 902
29 902
29 902
29 902
Free-cash
-3 586
-6 968
-2 015
-2 531

Estimated living cost  is ₽29902 per week

₽18854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8109
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
-₽41290
-₽10552
-₽36384
-₽41290
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
-
-
-
4 265
health
-
-
-
6 984
pensions
-
-
-
8 190
total
-
-
-
19 439
Employee
74 635
74 635
74 635
-
income

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

12 217
12 217
12 217
-
health
11 456
9 744
11 456
-
pensions
13 434
10 240
13 434
-
total
37 107
32 201
37 107
-
Employer
74 635
74 635
74 635
-
unemployment
2 687
2 687
2 687
-
pensions
5 195
5 195
5 195
-
health
5 188
5 188
5 188
-
total
13 070
13 070
13 070
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
50 177
45 271
50 177
19 439
After tax
-4 677
229
-4 677
26 061
Living cost
36 612
36 612
36 612
36 612
Free-cash
-41 290
-36 384
-41 290
-10 552

Estimated living cost  is ₽36612 per week

₽25946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
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.
₽6783
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
₽8692
₽7926
-₽3344
₽6323
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
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.

-
-
-
4 138
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.

-
-
-
5 971
trade
-
-
-
766
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.

-
-
-
227
total
-
-
-
11 102
Employee

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

33 428
-
45 500
-
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.

934
-
4 138
-
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.

5 971
-
5 971
-
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.

51
-
227
-
total
6 956
-
10 336
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 072
45 500
-
-
chamber of commerce
149
197
-
-
income
1 811
6 825
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

100
375
-
-
trade
1 901
7 167
-
-
total
3 961
14 564
-
-
Dividends
8 111
30 936
-
-
withholding
1 695
7 402
-
-
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
406
-
-
total
1 788
7 808
-
-
Income
45 500
45 500
45 500
45 500
Total tax
12 705
22 372
10 336
11 102
After tax
32 795
23 128
35 164
34 398
Living cost
26 472
26 472
26 472
26 472
Free-cash
6 323
-3 344
8 692
7 926

Estimated living cost  is ₽26472 per week

₽16652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6239
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
₽9945
₽16025
₽5501
₽8554
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
-
-
-
980
social contributions
-
-
-
7 099
health
-
-
-
1 161
total
-
-
-
9 240
Employee
67 205
67 205
67 205
-
income
7 318
6 221
6 997
-
social contributions
2 541
5 578
3 428
-
health
521
1 143
702
-
total
10 380
12 942
11 127
-
Employer
67 205
67 205
67 205
-
social contributions
2 541
5 578
3 428
-
health
566
1 244
765
-
total
3 107
6 822
4 193
-
Corporate
11 779
-
-
-
income
1 473
-
-
-
total
1 473
-
-
-
Dividends
10 306
-
-
-
withholding
1 751
-
-
-
total
1 751
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
16 711
19 764
15 320
9 240
After tax
28 789
25 736
30 180
36 260
Living cost
20 235
20 235
20 235
20 235
Free-cash
8 554
5 501
9 945
16 025

Estimated living cost  is ₽20235 per week

₽12127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5676
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
-₽2040
-₽970
-₽1533
-₽4244
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
-
-
-
3 245
social contributions

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

-
-
-
15 811
surtax
-
-
-
-
total
-
-
-
19 056
Employee
40 197
-
36 768
-
income
8 361
-
7 349
-
social contributions
4 422
-
4 045
-
surtax
-
-
-
-
total
12 783
-
11 394
-
Employer
40 197
-
36 768
-
social contributions
9 547
-
8 732
-
total
9 547
-
8 732
-
Corporate
-
45 500
-
-
income
-
9 555
-
-
surtax
-
-
-
-
total
-
9 555
-
-
Dividends
-
35 945
-
-
withholding
-
10 064
-
-
total
-
10 064
-
-
Income
45 500
45 500
45 500
45 500
Total tax
22 330
19 619
20 126
19 056
After tax
23 170
25 881
25 374
26 444
Living cost
27 414
27 414
27 414
27 414
Free-cash
-4 244
-1 533
-2 040
-970

Estimated living cost  is ₽27414 per week

₽20511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
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.
₽4828
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
₽30131
₽38776
₽36956
₽35781
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
7 836
-
45 500
-
income
1 567
-
9 100
-
total
1 567
-
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%.

37 664
45 500
-
-
total
-
-
-
-
Dividends
37 664
45 500
-
-
withholding
1 883
2 275
-
-
total
1 883
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
3 450
2 275
9 100
455
After tax
42 050
43 225
36 400
45 045
Living cost
6 269
6 269
6 269
6 269
Free-cash
35 781
36 956
30 131
38 776

Estimated living cost  is ₽6269 per week

₽3885
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽172
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.
₽1690
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
₽410
₽1854
₽7886
₽574
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
income
-
-
-
7 351
health
-
-
-
4 476
unemployment
-
-
-
68
pensions
-
-
-
8 309
total
-
-
-
20 204
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

38 648
-
39 370
-
income
6 665
-
6 817
-
health
2 496
-
2 544
-
unemployment
55
-
55
-
pensions
5 991
-
6 102
-
total
15 207
-
15 518
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

38 648
-
39 370
-
unemployment
23
-
23
-
pensions
3 420
-
3 485
-
health
2 574
-
2 622
-
total
6 017
-
6 130
-
Corporate
835
45 500
-
-
income
159
8 644
-
-
total
159
8 644
-
-
Dividends
676
36 856
-
-
withholding
101
5 528
-
-
total
101
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
21 484
14 172
21 648
20 204
After tax
24 016
31 328
23 852
25 296
Living cost
23 442
23 442
23 442
23 442
Free-cash
574
7 886
410
1 854

Estimated living cost  is ₽23442 per week

₽16088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽5399
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
₽1039
-₽16798
-₽6588
-₽1705
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
-
-
-
24 878
health

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

-
-
-
5 694
total
-
-
-
30 572
Employee
40 093
-
41 480
-
social contributions
4 017
-
4 020
-
income
4 350
-
4 695
-
total
8 367
-
8 715
-
Employer
40 093
-
41 480
-
social contributions
4 017
-
4 020
-
total
4 017
-
4 020
-
Corporate
1 390
45 500
-
-
income
486
15 925
-
-
total
486
15 925
-
-
Dividends
904
29 575
-
-
social contributions
2 609
4 437
-
-
total
2 609
4 437
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 479
20 362
12 735
30 572
After tax
30 021
25 138
32 765
14 928
Living cost
31 726
31 726
31 726
31 726
Free-cash
-1 705
-6 588
1 039
-16 798

Estimated living cost  is ₽31726 per week

₽20898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽7840
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
₽8919
₽10687
₽9227
₽9681
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
social contributions
-
-
-
6 279
health
-
-
-
3 176
total
-
-
-
16 280
Employee
29 633
-
45 500
-
income
4 942
-
8 593
-
social contributions
4 090
-
6 279
-
health
2 068
-
3 176
-
total
11 100
-
18 048
-
Employer
29 633
-
45 500
-
total
-
-
-
-
Corporate
15 867
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%.

793
2 276
-
-
total
793
2 276
-
-
Dividends
15 074
43 224
-
-
withholding
2 261
6 483
-
-
health
1 052
3 017
-
-
social contributions
2 080
5 964
-
-
total
5 393
15 464
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 286
17 740
18 048
16 280
After tax
28 214
27 760
27 452
29 220
Living cost
18 533
18 533
18 533
18 533
Free-cash
9 681
9 227
8 919
10 687

Estimated living cost  is ₽18533 per week

₽12403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
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.
₽4559
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
-₽476
-₽1404
₽7762
-₽936
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
social contributions
-
-
-
13 286
solidarity contribution
-
-
-
-
health
-
-
-
6 142
total
-
-
-
23 339
Employee
34 654
-
33 955
-
solidarity contribution
-
-
-
-
income
4 158
-
4 075
-
social contributions
2 252
-
2 207
-
health
4 678
-
4 584
-
total
11 088
-
10 866
-
Employer
34 654
-
33 955
-
social contributions
8 664
-
8 489
-
health
3 119
-
3 056
-
total
11 783
-
11 545
-
Corporate
-
45 500
-
-
income
-
8 645
-
-
total
-
8 645
-
-
Dividends
-
36 855
-
-
withholding
-
5 528
-
-
total
-
5 528
-
-
Income
45 500
45 500
45 500
45 500
Total tax
22 871
14 173
22 411
23 339
After tax
22 629
31 327
23 089
22 161
Living cost
23 565
23 565
23 565
23 565
Free-cash
-936
7 762
-476
-1 404

Estimated living cost  is ₽23565 per week

₽17524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4327
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
₽26631
₽35276
₽33456
₽31624
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
12 211
-
45 500
-
income
2 442
-
9 100
-
total
2 442
-
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%.

33 289
45 500
-
-
total
-
-
-
-
Dividends
33 289
45 500
-
-
withholding
1 665
2 275
-
-
total
1 665
2 275
-
-
Income
45 500
45 500
45 500
45 500
Total tax
4 107
2 275
9 100
455
After tax
41 393
43 225
36 400
45 045
Living cost
9 769
9 769
9 769
9 769
Free-cash
31 624
33 456
26 631
35 276

Estimated living cost  is ₽9769 per week

₽6610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
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.
₽2420
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
-₽14325
-₽14841
-₽19278
-₽26333
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
-
-
-
1 803
social contributions
-
-
-
1 297
health
-
-
-
395
surtax
-
-
-
-
pensions
-
-
-
13 224
other
-
-
-
1 410
total
-
-
-
18 129
Employee
54 739
-
34 673
-
income
4 776
-
1 877
-
social contributions
1 559
-
988
-
surtax
-
-
-
-
pensions
6 191
-
3 922
-
total
12 526
-
6 787
-
Employer
54 739
-
34 673
-
unemployment
2 217
-
1 405
-
social contributions
164
-
104
-
pensions
8 994
-
5 695
-
other
1 889
-
1 196
-
health
3 831
-
2 426
-
total
17 095
-
10 826
-
Corporate
-
45 500
-
-
income
-
12 739
-
-
surtax
-
-
-
-
total
-
12 739
-
-
Dividends
-
32 761
-
-
withholding
-
4 193
-
-
surtax
-
-
-
-
social contributions
-
5 634
-
-
total
-
9 827
-
-
Income
45 500
45 500
45 500
45 500
Total tax
29 621
22 566
17 613
18 129
After tax
15 879
22 934
27 887
27 371
Living cost
42 212
42 212
42 212
42 212
Free-cash
-26 333
-19 278
-14 325
-14 841

Estimated living cost  is ₽42212 per week

₽28569
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9611
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
₽9540
₽7580
₽17810
₽13524
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
income
-
-
-
5 658
health
-
-
-
4 686
unemployment
-
-
-
682
pensions
-
-
-
11 830
total
-
-
-
22 856
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

22 716
-
38 592
-
income
3 131
-
6 310
-
health
1 170
-
1 987
-
unemployment
170
-
289
-
pensions
3 180
-
5 403
-
total
7 651
-
13 989
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

22 716
-
38 592
-
unemployment
170
-
289
-
pensions
2 726
-
4 631
-
health
1 170
-
1 987
-
total
4 066
-
6 907
-
Corporate
18 718
45 500
-
-
income
2 808
6 825
-
-
total
2 808
6 825
-
-
Dividends
15 910
38 675
-
-
withholding
2 387
5 801
-
-
total
2 387
5 801
-
-
Income
45 500
45 500
45 500
45 500
Total tax
16 912
12 626
20 896
22 856
After tax
28 588
32 874
24 604
22 644
Living cost
15 064
15 064
15 064
15 064
Free-cash
13 524
17 810
9 540
7 580

Estimated living cost  is ₽15064 per week

₽10143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3320
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
-₽24732
-₽22427
-₽40215
-₽32711
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
regional
-
-
-
998
national
-
-
-
135
health
-
-
-
199
city
-
-
-
478
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.

-
-
-
911
pensions
-
-
-
4 185
total
-
-
-
6 906
Employee
71 410
-
40 725
-
regional
2 338
-
829
-
city
766
-
437
-
health
161
-
91
-
unemployment
-
-
-
-
national
338
-
108
-
pensions
5 999
-
3 420
-
total
9 602
-
4 885
-
Employer
71 410
-
40 725
-
unemployment
-
-
-
-
pensions
5 999
-
3 420
-
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.

1 428
-
815
-
health
161
-
91
-
total
7 588
-
4 326
-
Corporate
-
45 500
-
-
regional
-
9 623
-
-
national
-
3 868
-
-
total
-
13 491
-
-
Dividends
-
32 009
-
-
withholding
-
11 203
-
-
total
-
11 203
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 190
24 694
9 211
6 906
After tax
28 310
20 806
36 289
38 594
Living cost
61 021
61 021
61 021
61 021
Free-cash
-32 711
-40 215
-24 732
-22 427

Estimated living cost  is ₽61021 per week

₽39681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽749
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.
₽15114
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
-₽5283
₽2365
-₽2069
-₽9158
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
-
-
-
8 130
national
-
-
-
1 113
health
-
-
-
337
total
-
-
-
9 580
Employee
45 982
-
38 277
-
health
343
-
224
-
unemployment
690
-
574
-
national
760
-
342
-
municipal
7 531
-
6 281
-
pensions
3 103
-
2 584
-
total
12 427
-
10 005
-
Employer
45 982
-
38 277
-
unemployment
299
-
249
-
pensions
7 978
-
6 641
-
accident
46
-
38
-
health
353
-
295
-
total
8 676
-
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
-
-
national
-
-
-
-
municipal
-
4 914
-
-
total
-
4 914
-
-
Income
45 500
45 500
45 500
45 500
Total tax
21 103
14 014
17 228
9 580
After tax
24 397
31 486
28 272
35 920
Living cost
33 555
33 555
33 555
33 555
Free-cash
-9 158
-2 069
-5 283
2 365

Estimated living cost  is ₽33555 per week

₽21918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽7876
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
-₽12028
-₽6706
-₽6196
-₽35217
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
national
-
-
-
13 064
social contributions
-
-
-
4 835
communal

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

-
-
-
2 440
total
-
-
-
20 339
Employee

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

62 517
-
35 242
-
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.

2 937
-
1 655
-
communal

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

3 261
-
1 838
-
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.

544
-
307
-
national
19 220
-
8 959
-
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.

4 689
-
2 644
-
total
30 651
-
15 403
-
Employer

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

62 517
-
35 242
-
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.

912
-
514
-
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.

5 540
-
3 123
-
surtax
7 089
-
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.

813
-
458
-
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.

3 845
-
2 166
-
total
18 199
-
10 258
-
Corporate
-
45 500
-
-
income
-
9 100
-
-
surtax
-
182
-
-
total
-
9 282
-
-
Dividends
-
36 217
-
-
withholding

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

-
10 547
-
-
total
-
10 547
-
-
Income
45 500
45 500
45 500
45 500
Total tax
48 850
19 829
25 661
20 339
After tax
-3 350
25 671
19 839
25 161
Living cost
31 867
31 867
31 867
31 867
Free-cash
-35 217
-6 196
-12 028
-6 706

Estimated living cost  is ₽31867 per week

₽20526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽8056
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
-₽11512
-₽13128
-₽10967
-₽21558
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
-
-
-
9 637
national
-
-
-
-
health
-
-
-
2 839
accident
-
-
-
91
unemployment
-
-
-
45
pensions
-
-
-
4 919
other
-
-
-
5 287
total
-
-
-
22 818
Employee
51 026
-
34 622
-
national
-
-
-
-
municipal
15 216
-
10 324
-
total
15 216
-
10 324
-
Employer
51 026
-
34 622
-
unemployment
1 347
-
914
-
pensions
5 516
-
3 743
-
other
5 929
-
4 023
-
accident
102
-
69
-
health
3 138
-
2 129
-
total
16 032
-
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
31 248
20 657
21 202
22 818
After tax
14 252
24 843
24 298
22 682
Living cost
35 810
35 810
35 810
35 810
Free-cash
-21 558
-10 967
-11 512
-13 128

Estimated living cost  is ₽35810 per week

₽23734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽8019
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
-₽5050
-₽7295
-₽11057
-₽88366
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
55 546
-
-
-
income
12 252
-
-
-
social contributions
4 555
-
649
-
total
16 807
-
649
-
Employer
55 546
-
-
-
social contributions
78 320
-
11 162
-
total
78 320
-
11 162
-
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
95 127
17 818
11 811
14 056
After tax
-49 627
27 682
33 689
31 444
Living cost
38 739
38 739
38 739
38 739
Free-cash
-88 366
-11 057
-5 050
-7 295

Estimated living cost  is ₽38739 per week

₽25135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9466
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
₽1832
₽7912
-₽2612
₽1575
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
-
-
-
980
social contributions
-
-
-
7 099
health
-
-
-
1 161
total
-
-
-
9 240
Employee
67 205
67 205
67 205
-
income
7 057
6 221
6 997
-
social contributions
3 266
5 578
3 428
-
health
668
1 143
702
-
total
10 991
12 942
11 127
-
Employer
67 205
67 205
67 205
-
social contributions
3 266
5 578
3 428
-
health
728
1 244
765
-
total
3 994
6 822
4 193
-
Corporate
2 167
-
-
-
income
270
-
-
-
total
270
-
-
-
Dividends
1 897
-
-
-
withholding
322
-
-
-
total
322
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
15 577
19 764
15 320
9 240
After tax
29 923
25 736
30 180
36 260
Living cost
28 348
28 348
28 348
28 348
Free-cash
1 575
-2 612
1 832
7 912

Estimated living cost  is ₽28348 per week

₽19379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽6279
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
-₽1874
₽2615
₽2445
-₽3156
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
-
-
-
8 566
pensions
-
-
-
2 672
total
-
-
-
11 238
Employee
43 440
-
40 715
-
income
7 911
-
7 443
-
health
567
-
510
-
pensions
3 316
-
2 989
-
total
11 794
-
10 942
-
Employer
43 440
-
40 715
-
pensions
4 389
-
4 012
-
health
826
-
773
-
total
5 215
-
4 785
-
Corporate
-
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.

-
8 644
-
-
total
-
8 644
-
-
Dividends
-
36 856
-
-
withholding
-
2 764
-
-
total
-
2 764
-
-
Income
45 500
45 500
45 500
45 500
Total tax
17 009
11 408
15 727
11 238
After tax
28 491
34 092
29 773
34 262
Living cost
31 647
31 647
31 647
31 647
Free-cash
-3 156
2 445
-1 874
2 615

Estimated living cost  is ₽31647 per week

₽21709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽6629
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
-₽12655
-₽10129
-₽10850
-₽28150
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
-
-
-
674
national
-
-
-
8 130
social contributions
-
-
-
11 703
total
-
-
-
20 811
Employee
73 648
-
45 500
-
regional
1 112
-
575
-
social contributions
24 834
-
15 343
-
national
12 446
-
7 147
-
municipal
440
-
272
-
total
38 832
-
23 337
-
Employer
73 648
-
45 500
-
total
-
-
-
-
Corporate
-
45 500
-
-
nationa
-
10 920
-
-
municipal
-
2 193
-
-
total
-
13 113
-
-
Dividends
-
32 387
-
-
withholding
-
8 420
-
-
total
-
8 420
-
-
Income
45 500
45 500
45 500
45 500
Total tax
38 832
21 533
23 337
20 811
After tax
6 668
23 967
22 163
24 689
Living cost
34 818
34 818
34 818
34 818
Free-cash
-28 150
-10 850
-12 655
-10 129

Estimated living cost  is ₽34818 per week

₽24457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7439
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
₽6028
₽13460
-₽14315
₽924
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
-
-
-
8 342
health
-
-
-
1 784
accident
-
-
-
207
pensions
-
-
-
3 404
other
-
-
-
303
total
-
-
-
14 040
Employee
28 315
-
37 797
-
income
3 885
-
5 185
-
health
3 242
-
4 328
-
pensions
3 188
-
4 256
-
total
10 315
-
13 769
-
Employer
28 315
-
37 797
-
unemployment
694
-
926
-
pensions
4 604
-
6 146
-
accident
473
-
631
-
total
5 771
-
7 703
-
Corporate
11 415
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.

10 273
40 950
-
-
total
10 273
40 950
-
-
Dividends
1 142
4 550
-
-
withholding
217
865
-
-
total
217
865
-
-
Income
45 500
45 500
45 500
45 500
Total tax
26 576
41 815
21 472
14 040
After tax
18 924
3 685
24 028
31 460
Living cost
18 000
18 000
18 000
18 000
Free-cash
924
-14 315
6 028
13 460

Estimated living cost  is ₽18000 per week

₽13192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3435
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
₽1422
₽724
-₽10148
₽1270
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
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.

-
-
-
4 138
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.

-
-
-
5 971
trade
-
-
-
698
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.

-
-
-
227
total
-
-
-
11 034
Employee

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

43 486
-
45 500
-
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.

3 576
-
4 138
-
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.

5 971
-
5 971
-
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.

197
-
227
-
total
9 744
-
10 336
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
2 014
45 500
-
-
chamber of commerce
136
199
-
-
income
302
6 825
-
-
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.

17
375
-
-
trade
289
6 530
-
-
total
744
13 929
-
-
Dividends
1 271
31 571
-
-
withholding
-
7 561
-
-
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.

-
416
-
-
total
-
7 977
-
-
Income
45 500
45 500
45 500
45 500
Total tax
10 488
21 906
10 336
11 034
After tax
35 012
23 594
35 164
34 466
Living cost
33 742
33 742
33 742
33 742
Free-cash
1 270
-10 148
1 422
724

Estimated living cost  is ₽33742 per week

₽23276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
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.
₽6346
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
₽7924
₽17740
₽18217
₽11048
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
microenterprise
-
-
-
6 825
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.

-
-
-
2 752
surtax
-
-
-
-
total
-
-
-
9 577
Employee
25 538
-
36 667
-
income
4 546
-
6 526
-
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.

2 810
-
4 034
-
surtax
-
-
-
-
total
7 356
-
10 560
-
Employer
25 538
-
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.

6 152
-
8 833
-
surtax
-
-
-
-
total
6 152
-
8 833
-
Corporate
13 810
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%.

2 761
9 100
-
-
total
2 761
9 100
-
-
Dividends

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

11 049
36 400
-
-
total
-
-
-
-
Income
45 500
45 500
45 500
45 500
Total tax
16 269
9 100
19 393
9 577
After tax
29 231
36 400
26 107
35 923
Living cost
18 183
18 183
18 183
18 183
Free-cash
11 048
18 217
7 924
17 740

Estimated living cost  is ₽18183 per week

₽11600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4438
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
₽11826
₽11638
₽17092
₽15235
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
-
-
-
8 342
health
-
-
-
5 976
pensions
-
-
-
8 243
total
-
-
-
22 561
Employee
17 212
-
37 143
-
income
3 330
-
8 444
-
health
861
-
1 857
-
unemployment
172
-
371
-
pensions
1 549
-
3 343
-
total
5 912
-
14 015
-
Employer
17 212
-
37 143
-
unemployment
344
-
743
-
pensions
1 893
-
4 086
-
health
1 635
-
3 529
-
total
3 872
-
8 358
-
Corporate
24 415
45 500
-
-
income
5 371
10 010
-
-
total
5 371
10 010
-
-
Dividends
19 044
35 490
-
-
withholding
3 809
7 098
-
-
total
3 809
7 098
-
-
Income
45 500
45 500
45 500
45 500
Total tax
18 964
17 108
22 373
22 561
After tax
26 536
28 392
23 127
22 939
Living cost
11 300
11 300
11 300
11 300
Free-cash
15 235
17 092
11 826
11 638

Estimated living cost  is ₽11300 per week

₽6716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽259
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.
₽3410
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
₽5319
₽6460
₽8989
₽6210
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
-
-
-
6 594
health
-
-
-
3 229
unemployment
-
-
-
199
surtax
-
-
-
287
pensions
-
-
-
9 100
other
-
-
-
-
total
-
-
-
19 409
Employee
29 433
-
37 587
-
other
-
-
-
-
income
4 934
-
6 301
-
health
751
-
959
-
unemployment
2 048
-
2 616
-
surtax
104
-
255
-
pensions
1 964
-
2 508
-
total
9 801
-
12 639
-
Employer
29 433
-
37 587
-
unemployment
934
-
1 191
-
pensions
3 924
-
5 010
-
other
-
-
-
-
health
1 338
-
1 710
-
total
6 196
-
7 911
-
Corporate
9 871
45 500
-
-
income
2 566
11 830
-
-
total
2 566
11 830
-
-
Dividends
7 305
33 670
-
-
withholding
1 096
5 050
-
-
total
1 096
5 050
-
-
Income
45 500
45 500
45 500
45 500
Total tax
19 659
16 880
20 550
19 409
After tax
25 841
28 620
24 950
26 091
Living cost
19 631
19 631
19 631
19 631
Free-cash
6 210
8 989
5 319
6 460

Estimated living cost  is ₽19631 per week

₽11852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5618
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
-₽9622
-₽2322
-₽2113
-₽4528
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
45 500
income
-
-
-
2 499
chamber of commerce
-
-
-
182
health
-
-
-