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
₽ 47000
per

Your estimated
City
free-cash

Valencia , Spain
₽6048
₽4540
₽4208
₽10189
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
-
-
-
47 000
unemployment
-
-
-
329
income
-
-
-
7 142
other
-
-
-
48
accident
-
-
-
422
pensions
-
-
-
13 300
total
-
-
-
21 241
Employee
28 978
-
35 639
-
unemployment
449
-
552
-
pensions
1 362
-
1 675
-
income
5 587
-
7 285
-
other
28
-
36
-
total
7 426
-
9 548
-
Employer
28 978
-
35 639
-
pensions
6 838
-
8 410
-
accident
574
-
705
-
unemployment
1 594
-
1 960
-
other
232
-
286
-
total
9 238
-
11 361
-
Corporate
8 783
47 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

1 318
7 049
-
-
total
1 318
7 049
-
-
Dividends
7 465
39 951
-
-
withholding
1 419
8 211
-
-
total
1 419
8 211
-
-
Income
47 000
47 000
47 000
47 000
Total tax
19 401
15 260
20 909
21 241
After tax
27 599
31 740
26 091
25 759
Living cost
21 551
21 551
21 551
21 551
Free-cash
6 048
10 189
4 540
4 208

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽8355
₽6668
₽4567
₽13646
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
-
-
-
47 000
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.

-
-
-
11 279
income
-
-
-
5 970
other
-
-
-
2 232
health
-
-
-
2 069
total
-
-
-
21 550
Employee
28 456
-
37 541
-
health
399
-
525
-
unemployment
284
-
375
-
pensions

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

1 991
-
2 628
-
income
4 899
-
6 462
-
total
7 573
-
9 990
-
Employer
28 456
-
37 541
-
health
399
-
525
-
pensions

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

4 838
-
6 382
-
accident
228
-
300
-
unemployment
284
-
375
-
other
1 423
-
1 877
-
total
7 172
-
9 459
-
Corporate
11 373
47 000
-
-
income
2 388
9 871
-
-
total
2 388
9 871
-
-
Dividends
8 985
37 129
-
-
withholding
629
2 600
-
-
total
629
2 600
-
-
Income
47 000
47 000
47 000
47 000
Total tax
17 762
12 471
19 449
21 550
After tax
29 238
34 529
27 551
25 450
Living cost
20 883
20 883
20 883
20 883
Free-cash
8 355
13 646
6 668
4 567

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽26275
₽23236
₽22374
₽29914
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
-
-
-
47 000
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
7 050
health
-
-
-
3 147
total
-
-
-
14 356
Employee
13 600
-
41 632
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
4 163
-
total
3 330
-
8 126
-
Employer
13 600
-
41 632
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
30 732
47 000
-
-
income
3 073
4 700
-
-
total
3 073
4 700
-
-
Dividends
27 659
42 300
-
-
withholding
1 383
2 115
-
-
total
1 383
2 115
-
-
Income
47 000
47 000
47 000
47 000
Total tax
10 455
6 815
13 494
14 356
After tax
36 545
40 185
33 506
32 644
Living cost
10 270
10 270
10 270
10 270
Free-cash
26 275
29 914
23 236
22 374

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽1505
₽1676
₽1307
-₽3125
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
-
-
-
47 000
income
-
-
-
2 203
other
-
-
-
1 457
health
-
-
-
408
social contributions
-
-
-
1 339
pensions
-
-
-
13 473
surtax
-
-
-
-
total
-
-
-
18 880
Employee
33 541
-
35 815
-
pensions
3 792
-
4 051
-
income
1 980
-
2 255
-
social contributions
956
-
1 020
-
surtax
-
-
-
-
total
6 728
-
7 326
-
Employer
33 541
-
35 815
-
health
2 348
-
2 507
-
social contributions
101
-
107
-
pensions
5 510
-
5 885
-
unemployment
1 358
-
1 450
-
other
1 157
-
1 236
-
total
10 474
-
11 185
-
Corporate
2 984
47 000
-
-
income
836
13 160
-
-
surtax
-
-
-
-
total
836
13 160
-
-
Dividends
2 148
33 840
-
-
social contributions
369
5 821
-
-
surtax
-
-
-
-
withholding
275
4 331
-
-
total
644
10 152
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 682
23 312
18 511
18 880
After tax
28 318
23 688
28 489
28 120
Living cost
26 813
26 813
26 813
26 813
Free-cash
1 505
-3 125
1 676
1 307

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-₽30824
-₽30824
-₽5978
-₽26424
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
-
-
-
47 000
pensions
-
-
-
8 461
income
-
-
-
4 471
health
-
-
-
7 215
total
-
-
-
20 147
Employee
66 925
66 925
66 925
-
health
10 272
8 737
10 272
-
pensions
12 047
9 182
12 047
-
income

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

10 955
10 955
10 955
-
total
33 274
28 874
33 274
-
Employer
66 925
66 925
66 925
-
health
4 652
4 652
4 652
-
pensions
4 658
4 658
4 658
-
unemployment
2 409
2 409
2 409
-
total
11 719
11 719
11 719
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
44 993
40 593
44 993
20 147
After tax
2 007
6 407
2 007
26 853
Living cost
32 831
32 831
32 831
32 831
Free-cash
-30 824
-26 424
-30 824
-5 978

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽8787
₽12096
₽10432
₽117
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.

-
-
-
47 000
trade
-
-
-
1 664
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.

-
-
-
5 509
health

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

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

-
-
-
5 354
surtax

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

-
-
-
303
total
-
-
-
12 830
Employee

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

29 975
-
47 000
-
health

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

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

5 354
-
5 354
-
income

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

837
-
5 509
-
surtax

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

46
-
303
-
total
6 237
-
11 166
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 025
47 000
-
-
income
2 554
7 049
-
-
trade
2 681
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.

140
388
-
-
chamber of commerce
143
186
-
-
total
5 518
15 025
-
-
Dividends
11 507
31 975
-
-
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.

141
424
-
-
withholding
2 579
7 696
-
-
total
2 720
8 120
-
-
Income
47 000
47 000
47 000
47 000
Total tax
14 475
23 145
11 166
12 830
After tax
32 525
23 855
35 834
34 170
Living cost
23 738
23 738
23 738
23 738
Free-cash
8 787
117
12 096
10 432

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₽12173
₽14152
₽18431
₽11132
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
-
-
-
47 000
income
-
-
-
1 893
health
-
-
-
1 199
social contributions
-
-
-
7 332
total
-
-
-
10 424
Employee
60 263
60 263
60 263
-
health
467
1 025
726
-
income
6 562
5 579
6 105
-
social contributions
2 278
5 002
3 541
-
total
9 307
11 606
10 372
-
Employer
60 263
60 263
60 263
-
health
507
1 115
790
-
social contributions
2 278
5 002
3 541
-
total
2 785
6 117
4 331
-
Corporate
16 762
-
-
-
income
2 096
-
-
-
total
2 096
-
-
-
Dividends
14 667
-
-
-
withholding
2 494
-
-
-
total
2 494
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 682
17 723
14 703
10 424
After tax
30 318
29 277
32 297
36 576
Living cost
18 145
18 145
18 145
18 145
Free-cash
12 173
11 132
14 152
18 431

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽1364
₽1119
₽2465
₽2151
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.

-
-
-
47 000
income
-
-
-
3 620
social contributions

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

-
-
-
16 333
surtax
-
-
-
-
total
-
-
-
19 953
Employee
36 044
-
37 980
-
income
7 497
-
8 101
-
social contributions
3 965
-
4 178
-
surtax
-
-
-
-
total
11 462
-
12 279
-
Employer
36 044
-
37 980
-
social contributions
8 560
-
9 020
-
total
8 560
-
9 020
-
Corporate
2 395
47 000
-
-
income
503
9 871
-
-
surtax
-
-
-
-
total
503
9 871
-
-
Dividends
1 892
37 129
-
-
withholding
529
10 396
-
-
total
529
10 396
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 054
20 267
21 299
19 953
After tax
25 946
26 733
25 701
27 047
Living cost
24 582
24 582
24 582
24 582
Free-cash
1 364
2 151
1 119
2 465

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽37437
₽31526
₽40456
₽38576
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%.

-
-
-
47 000
microenterprise

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

-
-
-
470
total
-
-
-
470
Employee
7 592
-
47 000
-
income
1 518
-
9 400
-
total
1 518
-
9 400
-
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%.

39 408
47 000
-
-
total
-
-
-
-
Dividends
39 408
47 000
-
-
withholding
1 971
2 350
-
-
total
1 971
2 350
-
-
Income
47 000
47 000
47 000
47 000
Total tax
3 489
2 350
9 400
470
After tax
43 511
44 650
37 600
46 530
Living cost
6 074
6 074
6 074
6 074
Free-cash
37 437
38 576
31 526
40 456

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽4782
₽3325
₽4671
₽11339
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.

-
-
-
47 000
pensions
-
-
-
8 583
unemployment
-
-
-
70
income
-
-
-
8 031
health
-
-
-
4 624
total
-
-
-
21 308
Employee

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

34 656
-
40 669
-
health
2 238
-
2 626
-
unemployment
49
-
57
-
pensions
5 372
-
6 304
-
income
5 976
-
7 336
-
total
13 635
-
16 323
-
Employer

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

34 656
-
40 669
-
health
2 308
-
2 708
-
pensions
3 067
-
3 599
-
unemployment
21
-
24
-
total
5 396
-
6 331
-
Corporate
6 949
47 000
-
-
income
1 321
8 929
-
-
total
1 321
8 929
-
-
Dividends
5 628
38 071
-
-
withholding
845
5 711
-
-
total
845
5 711
-
-
Income
47 000
47 000
47 000
47 000
Total tax
21 197
14 640
22 654
21 308
After tax
25 803
32 360
24 346
25 692
Living cost
21 021
21 021
21 021
21 021
Free-cash
4 782
11 339
3 325
4 671

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽2501
₽5579
-₽8712
-₽2039
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.

-
-
-
47 000
income
-
-
-
22 308
health

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

-
-
-
4 955
total
-
-
-
27 263
Employee
35 952
-
43 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
5 762
-
total
7 503
-
9 367
-
Employer
35 952
-
43 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
7 446
47 000
-
-
income
2 606
16 450
-
-
total
2 606
16 450
-
-
Dividends
4 841
30 550
-
-
social contributions
2 339
4 140
-
-
total
2 339
4 140
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 050
20 590
12 972
27 263
After tax
30 950
26 410
34 028
19 737
Living cost
28 449
28 449
28 449
28 449
Free-cash
2 501
-2 039
5 579
-8 712

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽12461
₽11483
₽13566
₽12056
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
-
-
-
47 000
income
-
-
-
7 049
health
-
-
-
3 281
social contributions
-
-
-
6 486
total
-
-
-
16 816
Employee
26 572
-
47 000
-
health
1 855
-
3 281
-
income
4 432
-
9 132
-
social contributions
3 668
-
6 486
-
total
9 955
-
18 899
-
Employer
26 572
-
47 000
-
total
-
-
-
-
Corporate
20 428
47 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 022
2 350
-
-
total
1 022
2 350
-
-
Dividends
19 406
44 650
-
-
social contributions
2 678
6 162
-
-
withholding
2 911
6 697
-
-
health
1 355
3 117
-
-
total
6 944
15 976
-
-
Income
47 000
47 000
47 000
47 000
Total tax
17 921
18 326
18 899
16 816
After tax
29 079
28 674
28 101
30 184
Living cost
16 618
16 618
16 618
16 618
Free-cash
12 461
12 056
11 483
13 566

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽2598
₽1913
₽954
₽10422
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
-
-
-
47 000
income
-
-
-
4 040
health
-
-
-
6 345
social contributions
-
-
-
13 724
solidarity contribution
-
-
-
-
total
-
-
-
24 109
Employee
32 261
-
35 075
-
health
4 355
-
4 735
-
solidarity contribution
-
-
-
-
income
3 871
-
4 209
-
social contributions
2 097
-
2 280
-
total
10 323
-
11 224
-
Employer
32 261
-
35 075
-
health
2 903
-
3 157
-
social contributions
8 065
-
8 769
-
total
10 968
-
11 926
-
Corporate
3 771
47 000
-
-
income
716
8 930
-
-
total
716
8 930
-
-
Dividends
3 054
38 070
-
-
withholding
458
5 711
-
-
total
458
5 711
-
-
Income
47 000
47 000
47 000
47 000
Total tax
22 465
14 641
23 150
24 109
After tax
24 535
32 359
23 850
22 891
Living cost
21 937
21 937
21 937
21 937
Free-cash
2 598
10 422
1 913
954

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽33411
₽28135
₽37065
₽35185
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%.

-
-
-
47 000
microenterprise

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

-
-
-
470
total
-
-
-
470
Employee
11 832
-
47 000
-
income
2 366
-
9 400
-
total
2 366
-
9 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

35 168
47 000
-
-
total
-
-
-
-
Dividends
35 168
47 000
-
-
withholding
1 758
2 350
-
-
total
1 758
2 350
-
-
Income
47 000
47 000
47 000
47 000
Total tax
4 124
2 350
9 400
470
After tax
42 876
44 650
37 600
46 530
Living cost
9 465
9 465
9 465
9 465
Free-cash
33 411
35 185
28 135
37 065

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
-₽17414
-₽9363
-₽9732
-₽14164
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
-
-
-
47 000
income
-
-
-
2 203
other
-
-
-
1 457
health
-
-
-
408
social contributions
-
-
-
1 339
pensions
-
-
-
13 473
surtax
-
-
-
-
total
-
-
-
18 880
Employee
49 085
-
35 815
-
pensions
5 552
-
4 051
-
income
4 283
-
2 255
-
social contributions
1 398
-
1 020
-
surtax
-
-
-
-
total
11 233
-
7 326
-
Employer
49 085
-
35 815
-
health
3 435
-
2 507
-
social contributions
147
-
107
-
pensions
8 065
-
5 885
-
unemployment
1 988
-
1 450
-
other
1 694
-
1 236
-
total
15 329
-
11 185
-
Corporate
-
47 000
-
-
income
-
13 160
-
-
surtax
-
-
-
-
total
-
13 160
-
-
Dividends
-
33 840
-
-
social contributions
-
5 821
-
-
surtax
-
-
-
-
withholding
-
4 331
-
-
total
-
10 152
-
-
Income
47 000
47 000
47 000
47 000
Total tax
26 562
23 312
18 511
18 880
After tax
20 438
23 688
28 489
28 120
Living cost
37 852
37 852
37 852
37 852
Free-cash
-17 414
-14 164
-9 363
-9 732

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽16600
₽11708
₽9685
₽20445
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.

-
-
-
47 000
pensions
-
-
-
12 220
unemployment
-
-
-
705
income
-
-
-
6 037
health
-
-
-
4 841
total
-
-
-
23 803
Employee

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

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

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

20 376
-
39 864
-
health
1 049
-
2 053
-
unemployment
153
-
299
-
pensions
2 853
-
5 581
-
income
2 809
-
6 711
-
total
6 864
-
14 644
-
Employer

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

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

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

20 376
-
39 864
-
health
1 049
-
2 053
-
pensions
2 445
-
4 784
-
unemployment
153
-
299
-
total
3 647
-
7 136
-
Corporate
22 977
47 000
-
-
income
3 447
7 050
-
-
total
3 447
7 050
-
-
Dividends
19 531
39 950
-
-
withholding
2 930
5 993
-
-
total
2 930
5 993
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 888
13 043
21 780
23 803
After tax
30 112
33 957
25 220
23 197
Living cost
13 512
13 512
13 512
13 512
Free-cash
16 600
20 445
11 708
9 685

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-₽21302
-₽15993
-₽13582
-₽31797
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
-
-
-
47 000
pensions
-
-
-
4 325
city
-
-
-
494
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.

-
-
-
940
health
-
-
-
174
regional
-
-
-
1 193
national
-
-
-
167
total
-
-
-
7 293
Employee
62 361
-
42 067
-
health
141
-
94
-
unemployment
-
-
-
-
city
669
-
452
-
pensions
5 239
-
3 534
-
regional
2 042
-
1 014
-
national
295
-
140
-
total
8 386
-
5 234
-
Employer
62 361
-
42 067
-
health
141
-
94
-
pensions
5 239
-
3 534
-
unemployment
-
-
-
-
other

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

1 247
-
842
-
total
6 627
-
4 470
-
Corporate
-
47 000
-
-
regional
-
9 941
-
-
national
-
3 995
-
-
total
-
13 936
-
-
Dividends
-
33 064
-
-
withholding
-
11 572
-
-
total
-
11 572
-
-
Income
47 000
47 000
47 000
47 000
Total tax
15 013
25 508
9 704
7 293
After tax
31 987
21 492
37 296
39 707
Living cost
53 289
53 289
53 289
53 289
Free-cash
-21 302
-31 797
-15 993
-13 582

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
-₽2015
-₽1159
₽6075
₽2314
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

-
-
-
47 000
municipal
-
-
-
8 388
health
-
-
-
397
national
-
-
-
2 051
total
-
-
-
10 836
Employee
41 232
-
39 537
-
health
308
-
281
-
unemployment
619
-
593
-
pensions
2 783
-
2 668
-
national
681
-
589
-
municipal
6 754
-
6 478
-
total
11 145
-
10 609
-
Employer
41 232
-
39 537
-
health
317
-
305
-
pensions
7 154
-
6 859
-
accident
42
-
40
-
unemployment
268
-
257
-
total
7 781
-
7 461
-
Corporate
-
47 000
-
-
income
-
9 399
-
-
total
-
9 399
-
-
Dividends

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

-
28 201
-
-
municipal
-
5 076
-
-
national
-
122
-
-
total
-
5 198
-
-
Income
47 000
47 000
47 000
47 000
Total tax
18 926
14 597
18 070
10 836
After tax
28 074
32 403
28 930
36 164
Living cost
30 089
30 089
30 089
30 089
Free-cash
-2 015
2 314
-1 159
6 075

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
-₽25377
-₽8531
-₽3613
-₽2100
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
-
-
-
47 000
communal

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

-
-
-
2 482
social contributions
-
-
-
5 638
national
-
-
-
13 918
total
-
-
-
22 038
Employee

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

56 059
-
36 403
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 634
-
1 710
-
communal

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

2 924
-
1 899
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

488
-
317
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 204
-
2 731
-
national
17 235
-
9 702
-
total
27 485
-
16 359
-
Employer

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

56 059
-
36 403
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 447
-
2 238
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 967
-
3 226
-
surtax
6 356
-
4 129
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

729
-
473
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

818
-
531
-
total
16 317
-
10 597
-
Corporate
-
47 000
-
-
income
-
9 399
-
-
surtax
-
187
-
-
total
-
9 586
-
-
Dividends
-
37 413
-
-
withholding

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

-
10 939
-
-
total
-
10 939
-
-
Income
47 000
47 000
47 000
47 000
Total tax
43 802
20 525
26 956
22 038
After tax
3 198
26 475
20 044
24 962
Living cost
28 575
28 575
28 575
28 575
Free-cash
-25 377
-2 100
-8 531
-3 613

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
-₽16693
-₽8915
-₽10584
-₽8351
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
-
-
-
47 000
unemployment
-
-
-
47
municipal
-
-
-
9 955
other
-
-
-
5 461
health
-
-
-
2 933
national
-
-
-
-
accident
-
-
-
94
pensions
-
-
-
5 081
total
-
-
-
23 571
Employee
48 465
-
35 763
-
national
-
-
-
-
municipal
14 452
-
10 665
-
total
14 452
-
10 665
-
Employer
48 465
-
35 763
-
health
2 981
-
2 199
-
pensions
5 239
-
3 866
-
accident
97
-
72
-
unemployment
1 279
-
944
-
other
5 632
-
4 156
-
total
15 228
-
11 237
-
Corporate
-
47 000
-
-
income
-
10 340
-
-
total
-
10 340
-
-
Dividends
-
36 660
-
-
withholding
-
10 998
-
-
total
-
10 998
-
-
Income
47 000
47 000
47 000
47 000
Total tax
29 680
21 338
21 902
23 571
After tax
17 320
25 662
25 098
23 429
Living cost
34 012
34 012
34 012
34 012
Free-cash
-16 693
-8 351
-8 915
-10 584

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽83888
-₽2426
-₽5396
-₽9282
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
-
-
-
47 000
income
-
-
-
9 161
social contributions
-
-
-
5 358
total
-
-
-
14 519
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
-
47 000
-
-
income
-
10 340
-
-
total
-
10 340
-
-
Dividends
-
36 660
-
-
income
-
8 065
-
-
total
-
8 065
-
-
Income
47 000
47 000
47 000
47 000
Total tax
93 011
18 405
11 549
14 519
After tax
-46 011
28 595
35 451
32 481
Living cost
37 877
37 877
37 877
37 877
Free-cash
-83 888
-9 282
-2 426
-5 396

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽5916
₽6878
₽11157
₽3858
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
-
-
-
47 000
income
-
-
-
1 893
health
-
-
-
1 199
social contributions
-
-
-
7 332
total
-
-
-
10 424
Employee
60 263
60 263
60 263
-
health
599
1 025
726
-
income
6 328
5 579
6 105
-
social contributions
2 928
5 002
3 541
-
total
9 855
11 606
10 372
-
Employer
60 263
60 263
60 263
-
health
653
1 115
790
-
social contributions
2 928
5 002
3 541
-
total
3 581
6 117
4 331
-
Corporate
8 143
-
-
-
income
1 017
-
-
-
total
1 017
-
-
-
Dividends
7 126
-
-
-
withholding
1 212
-
-
-
total
1 212
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
15 665
17 723
14 703
10 424
After tax
31 335
29 277
32 297
36 576
Living cost
25 419
25 419
25 419
25 419
Free-cash
5 916
3 858
6 878
11 157

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽2805
₽2224
₽7092
₽7078
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
-
-
-
47 000
income
-
-
-
8 806
pensions
-
-
-
2 966
total
-
-
-
11 772
Employee
38 621
-
41 857
-
health
504
-
571
-
pensions
2 948
-
3 336
-
income
7 033
-
7 590
-
total
10 485
-
11 497
-
Employer
38 621
-
41 857
-
health
734
-
796
-
pensions
3 902
-
4 347
-
total
4 636
-
5 143
-
Corporate
3 743
47 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

711
8 930
-
-
total
711
8 930
-
-
Dividends
3 033
38 070
-
-
withholding
227
2 856
-
-
total
227
2 856
-
-
Income
47 000
47 000
47 000
47 000
Total tax
16 059
11 786
16 640
11 772
After tax
30 941
35 214
30 360
35 228
Living cost
28 136
28 136
28 136
28 136
Free-cash
2 805
7 078
2 224
7 092

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
-₽19040
-₽8496
-₽5886
-₽6466
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
-
-
-
47 000
municipal
-
-
-
314
regional
-
-
-
729
social contributions
-
-
-
12 088
national
-
-
-
8 534
total
-
-
-
21 665
Employee
66 040
-
47 000
-
social contributions
22 268
-
15 848
-
regional
997
-
627
-
national
11 160
-
7 519
-
municipal
394
-
281
-
total
34 819
-
24 275
-
Employer
66 040
-
47 000
-
total
-
-
-
-
Corporate
-
47 000
-
-
nationa
-
11 281
-
-
municipal
-
2 265
-
-
total
-
13 546
-
-
Dividends
-
33 454
-
-
withholding
-
8 699
-
-
total
-
8 699
-
-
Income
47 000
47 000
47 000
47 000
Total tax
34 819
22 245
24 275
21 665
After tax
12 181
24 755
22 725
25 335
Living cost
31 221
31 221
31 221
31 221
Free-cash
-19 040
-6 466
-8 496
-5 886

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽1238
₽7870
₽15707
-₽12930
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
-
-
-
47 000
pensions
-
-
-
3 165
income
-
-
-
9 258
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
14 556
Employee
26 328
-
39 043
-
health
3 015
-
4 470
-
pensions
2 965
-
4 396
-
income
3 612
-
5 570
-
total
9 592
-
14 436
-
Employer
26 328
-
39 043
-
pensions
4 281
-
6 349
-
accident
440
-
652
-
unemployment
645
-
956
-
total
5 366
-
7 957
-
Corporate
15 307
47 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

13 776
42 300
-
-
total
13 776
42 300
-
-
Dividends
1 531
4 700
-
-
withholding
291
893
-
-
total
291
893
-
-
Income
47 000
47 000
47 000
47 000
Total tax
29 025
43 193
22 393
14 556
After tax
17 975
3 807
24 607
32 444
Living cost
16 737
16 737
16 737
16 737
Free-cash
1 238
-12 930
7 870
15 707

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₽4336
₽5577
₽4062
-₽5919
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.

-
-
-
47 000
trade
-
-
-
1 515
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.

-
-
-
5 509
health

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

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

-
-
-
5 354
surtax

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

-
-
-
303
total
-
-
-
12 681
Employee

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

38 994
-
47 000
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
5 509
-
surtax

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

177
-
303
-
total
8 737
-
11 166
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 006
47 000
-
-
income
1 200
7 049
-
-
trade
1 148
6 745
-
-
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.

65
388
-
-
chamber of commerce
131
187
-
-
total
2 544
14 369
-
-
Dividends
5 461
32 630
-
-
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.

58
433
-
-
withholding
1 068
7 860
-
-
total
1 126
8 293
-
-
Income
47 000
47 000
47 000
47 000
Total tax
12 407
22 662
11 166
12 681
After tax
34 593
24 338
35 834
34 319
Living cost
30 257
30 257
30 257
30 257
Free-cash
4 336
-5 919
5 577
4 062

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₽14868
₽10546
₽21180
₽21297
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.

-
-
-
47 000
income
-
-
-
-
microenterprise
-
-
-
7 049
social contributions

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

-
-
-
2 467
surtax
-
-
-
-
total
-
-
-
9 516
Employee
22 900
-
37 876
-
income
4 076
-
6 860
-
social contributions

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

2 519
-
4 166
-
surtax
-
-
-
-
total
6 595
-
11 026
-
Employer
22 900
-
37 876
-
social contributions

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

5 516
-
9 124
-
surtax
-
-
-
-
total
5 516
-
9 124
-
Corporate
18 584
47 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

3 717
9 399
-
-
total
3 717
9 399
-
-
Dividends

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

14 867
37 601
-
-
total
-
-
-
-
Income
47 000
47 000
47 000
47 000
Total tax
15 828
9 399
20 150
9 516
After tax
31 172
37 601
26 850
37 484
Living cost
16 304
16 304
16 304
16 304
Free-cash
14 868
21 297
10 546
21 180

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽17984
₽14392
₽15086
₽19585
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
-
-
-
47 000
income
-
-
-
9 912
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
22 171
Employee
14 840
-
39 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
9 539
-
total
5 097
-
14 869
-
Employer
14 840
-
39 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
28 821
47 000
-
-
income
6 341
10 340
-
-
total
6 341
10 340
-
-
Dividends
22 481
36 660
-
-
withholding
4 496
7 332
-
-
total
4 496
7 332
-
-
Income
47 000
47 000
47 000
47 000
Total tax
19 273
17 672
22 865
22 171
After tax
27 727
29 328
24 135
24 829
Living cost
9 743
9 743
9 743
9 743
Free-cash
17 984
19 585
14 392
15 086

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽9467
₽7780
₽8796
₽11959
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
-
-
-
47 000
pensions
-
-
-
9 399
unemployment
-
-
-
178
income
-
-
-
7 209
other
-
-
-
-
health
-
-
-
3 336
surtax
-
-
-
479
total
-
-
-
20 601
Employee
26 392
-
38 826
-
health
674
-
989
-
unemployment
1 837
-
2 702
-
pensions
1 761
-
2 589
-
income
4 425
-
6 761
-
other
-
-
-
-
surtax
94
-
402
-
total
8 791
-
13 443
-
Employer
26 392
-
38 826
-
health
1 200
-
1 767
-
pensions
3 519
-
5 176
-
unemployment
837
-
1 231
-
other
-
-
-
-
total
5 556
-
8 174
-
Corporate
15 051
47 000
-
-
income
3 913
12 221
-
-
total
3 913
12 221
-
-
Dividends
11 138
34 779
-
-
withholding
1 670
5 217
-
-
total
1 670
5 217
-
-
Income
47 000
47 000
47 000
47 000
Total tax
19 930
17 438
21 617
20 601
After tax
27 070
29 562
25 383
26 399
Living cost
17 603
17 603
17 603
17 603
Free-cash
9 467
11 959
7 780
8 796

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽1549
-₽7191
₽1014
₽1955
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
-
-
-
47 000
pensions
-
-
-
8 694
chamber of commerce
-
-
-
187
unemployment
-
-
-
4 807