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
₽ 47500
per

Your estimated
City
free-cash

Valencia , Spain
₽3762
₽3428
₽9359
₽4957
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
-
-
-
47 500
income
-
-
-
7 097
accident
-
-
-
428
unemployment
-
-
-
332
pensions
-
-
-
13 442
other
-
-
-
47
total
-
-
-
21 346
Employee
30 558
-
36 017
-
other
30
-
36
-
income
5 891
-
7 242
-
unemployment
474
-
558
-
pensions
1 437
-
1 692
-
total
7 832
-
9 528
-
Employer
30 558
-
36 017
-
unemployment
1 681
-
1 981
-
pensions
7 211
-
8 500
-
other
245
-
289
-
accident
605
-
714
-
total
9 742
-
11 484
-
Corporate
7 199
47 500
-
-
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.

1 081
7 125
-
-
total
1 081
7 125
-
-
Dividends
6 119
40 375
-
-
withholding
1 162
8 290
-
-
total
1 162
8 290
-
-
Income
47 500
47 500
47 500
47 500
Total tax
19 817
15 415
21 012
21 346
After tax
27 683
32 085
26 488
26 154
Living cost
22 726
22 726
22 726
22 726
Free-cash
4 957
9 359
3 762
3 428

Estimated living cost  is ₽22726 per week

₽15340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽5817
₽3698
₽12877
₽7295
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
-
-
-
47 500
income
-
-
-
6 033
health
-
-
-
2 091
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.

-
-
-
11 400
other
-
-
-
2 257
total
-
-
-
21 781
Employee
30 007
-
37 938
-
income
5 166
-
6 530
-
health
420
-
532
-
unemployment
300
-
380
-
pensions

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

2 100
-
2 657
-
total
7 986
-
10 099
-
Employer
30 007
-
37 938
-
unemployment
300
-
380
-
pensions

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

5 102
-
6 451
-
other
1 501
-
1 896
-
accident
240
-
304
-
health
420
-
532
-
total
7 563
-
9 563
-
Corporate
9 930
47 500
-
-
income
2 086
9 975
-
-
total
2 086
9 975
-
-
Dividends
7 845
37 525
-
-
withholding
549
2 627
-
-
total
549
2 627
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 184
12 602
19 662
21 781
After tax
29 316
34 898
27 838
25 719
Living cost
22 021
22 021
22 021
22 021
Free-cash
7 295
12 877
5 817
3 698

Estimated living cost  is ₽22021 per week

₽15559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽22653
₽21847
₽29785
₽25949
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
-
-
-
47 500
income
-
-
-
7 125
health
-
-
-
3 317
unemployment
-
-
-
115
pensions

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

-
-
-
4 269
total
-
-
-
14 826
Employee
14 336
-
41 841
-
income
1 433
-
4 184
-
health
659
-
1 327
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 259
-
2 533
-
total
3 509
-
8 361
-
Employer
14 336
-
41 841
-
unemployment
86
-
173
-
pensions

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

1 580
-
3 179
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 659
-
Corporate
30 350
47 500
-
-
income
3 035
4 750
-
-
total
3 035
4 750
-
-
Dividends
27 315
42 750
-
-
withholding
1 366
2 138
-
-
total
1 366
2 138
-
-
Income
47 500
47 500
47 500
47 500
Total tax
10 724
6 888
14 020
14 826
After tax
36 776
40 612
33 480
32 674
Living cost
10 827
10 827
10 827
10 827
Free-cash
25 949
29 785
22 653
21 847

Estimated living cost  is ₽10827 per week

₽6321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽612
₽189
-₽4334
₽548
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
-
-
-
47 500
income
-
-
-
2 128
social contributions
-
-
-
1 353
health
-
-
-
411
surtax
-
-
-
-
pensions
-
-
-
13 671
other
-
-
-
1 473
total
-
-
-
19 036
Employee
35 370
-
36 196
-
income
2 087
-
2 188
-
social contributions
1 008
-
1 030
-
surtax
-
-
-
-
pensions
3 999
-
4 092
-
total
7 094
-
7 310
-
Employer
35 370
-
36 196
-
unemployment
1 432
-
1 466
-
social contributions
107
-
108
-
pensions
5 811
-
5 947
-
other
1 220
-
1 248
-
health
2 476
-
2 534
-
total
11 046
-
11 303
-
Corporate
1 084
47 500
-
-
income
304
13 299
-
-
surtax
-
-
-
-
total
304
13 299
-
-
Dividends
780
34 201
-
-
withholding
100
4 377
-
-
surtax
-
-
-
-
social contributions
133
5 883
-
-
total
233
10 260
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 677
23 559
18 613
19 036
After tax
28 823
23 941
28 887
28 464
Living cost
28 275
28 275
28 275
28 275
Free-cash
548
-4 334
612
189

Estimated living cost  is ₽28275 per week

₽17829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-₽34567
-₽7461
-₽29929
-₽34567
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
-
-
-
47 500
income
-
-
-
4 500
health
-
-
-
7 291
pensions
-
-
-
8 549
total
-
-
-
20 340
Employee
70 574
70 574
70 574
-
income

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

11 552
11 552
11 552
-
health
10 832
9 214
10 832
-
pensions
12 703
9 683
12 703
-
total
35 087
30 449
35 087
-
Employer
70 574
70 574
70 574
-
unemployment
2 541
2 541
2 541
-
pensions
4 912
4 912
4 912
-
health
4 906
4 906
4 906
-
total
12 359
12 359
12 359
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
47 446
42 808
47 446
20 340
After tax
54
4 692
54
27 160
Living cost
34 621
34 621
34 621
34 621
Free-cash
-34 567
-29 929
-34 567
-7 461

Estimated living cost  is ₽34621 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽11340
₽9911
-₽914
₽8225
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.

-
-
-
47 500
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.

-
-
-
5 197
health

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

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

-
-
-
5 646
trade
-
-
-
1 429
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.

-
-
-
285
total
-
-
-
12 557
Employee

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

31 610
-
47 500
-
income

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

883
-
5 197
-
health

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

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

5 646
-
5 646
-
surtax

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

49
-
285
-
total
6 578
-
11 128
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 890
47 500
-
-
chamber of commerce
149
194
-
-
income
2 384
7 125
-
-
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.

132
392
-
-
trade
2 503
7 481
-
-
total
5 168
15 192
-
-
Dividends
10 723
32 308
-
-
withholding
2 367
7 763
-
-
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.

130
427
-
-
total
2 497
8 190
-
-
Income
47 500
47 500
47 500
47 500
Total tax
14 243
23 382
11 128
12 557
After tax
33 257
24 118
36 372
34 943
Living cost
25 032
25 032
25 032
25 032
Free-cash
8 225
-914
11 340
9 911

Estimated living cost  is ₽25032 per week

₽15746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽13184
₽18086
₽9678
₽11340
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
-
-
-
47 500
income
-
-
-
1 659
social contributions
-
-
-
7 410
health
-
-
-
1 211
total
-
-
-
10 280
Employee
63 549
63 549
63 549
-
income
6 919
5 883
6 494
-
social contributions
2 403
5 274
3 579
-
health
492
1 081
732
-
total
9 814
12 238
10 805
-
Employer
63 549
63 549
63 549
-
social contributions
2 403
5 274
3 579
-
health
535
1 176
798
-
total
2 938
6 450
4 377
-
Corporate
15 614
-
-
-
income
1 951
-
-
-
total
1 951
-
-
-
Dividends
13 663
-
-
-
withholding
2 323
-
-
-
total
2 323
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
17 026
18 688
15 182
10 280
After tax
30 474
28 812
32 318
37 220
Living cost
19 134
19 134
19 134
19 134
Free-cash
11 340
9 678
13 184
18 086

Estimated living cost  is ₽19134 per week

₽11468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽216
₽1489
₽1094
₽264
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.

-
-
-
47 500
income
-
-
-
3 581
social contributions

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

-
-
-
16 507
surtax
-
-
-
-
total
-
-
-
20 088
Employee
38 010
-
38 383
-
income
7 906
-
8 022
-
social contributions
4 181
-
4 222
-
surtax
-
-
-
-
total
12 087
-
12 244
-
Employer
38 010
-
38 383
-
social contributions
9 027
-
9 117
-
total
9 027
-
9 117
-
Corporate
463
47 500
-
-
income
97
9 975
-
-
surtax
-
-
-
-
total
97
9 975
-
-
Dividends
366
37 525
-
-
withholding
102
10 508
-
-
total
102
10 508
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 313
20 483
21 361
20 088
After tax
26 187
27 017
26 139
27 412
Living cost
25 923
25 923
25 923
25 923
Free-cash
264
1 094
216
1 489

Estimated living cost  is ₽25923 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽31812
₽40837
₽38937
₽37777
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%.

-
-
-
47 500
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
7 735
-
47 500
-
income
1 547
-
9 500
-
total
1 547
-
9 500
-
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%.

39 765
47 500
-
-
total
-
-
-
-
Dividends
39 765
47 500
-
-
withholding
1 988
2 375
-
-
total
1 988
2 375
-
-
Income
47 500
47 500
47 500
47 500
Total tax
3 535
2 375
9 500
475
After tax
43 965
45 125
38 000
47 025
Living cost
6 188
6 188
6 188
6 188
Free-cash
37 777
38 937
31 812
40 837

Estimated living cost  is ₽6188 per week

₽3835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽2588
₽3949
₽10536
₽3623
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.

-
-
-
47 500
income
-
-
-
7 965
health
-
-
-
4 674
unemployment
-
-
-
71
pensions
-
-
-
8 674
total
-
-
-
21 384
Employee

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

36 545
-
41 101
-
income
6 302
-
7 262
-
health
2 360
-
2 655
-
unemployment
52
-
58
-
pensions
5 665
-
6 371
-
total
14 379
-
16 346
-
Employer

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

36 545
-
41 101
-
unemployment
22
-
25
-
pensions
3 234
-
3 637
-
health
2 434
-
2 737
-
total
5 690
-
6 399
-
Corporate
5 265
47 500
-
-
income
1 001
9 026
-
-
total
1 001
9 026
-
-
Dividends
4 264
38 474
-
-
withholding
640
5 771
-
-
total
640
5 771
-
-
Income
47 500
47 500
47 500
47 500
Total tax
21 710
14 797
22 745
21 384
After tax
25 790
32 703
24 755
26 116
Living cost
22 167
22 167
22 167
22 167
Free-cash
3 623
10 536
2 588
3 949

Estimated living cost  is ₽22167 per week

₽15213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽4336
-₽11458
-₽3492
₽1297
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.

-
-
-
47 500
income
-
-
-
23 525
health

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

-
-
-
5 433
total
-
-
-
28 958
Employee
37 912
-
43 698
-
social contributions
3 798
-
3 802
-
income
4 114
-
5 560
-
total
7 912
-
9 362
-
Employer
37 912
-
43 698
-
social contributions
3 798
-
3 802
-
total
3 798
-
3 802
-
Corporate
5 789
47 500
-
-
income
2 026
16 626
-
-
total
2 026
16 626
-
-
Dividends
3 763
30 874
-
-
social contributions
2 467
4 366
-
-
total
2 467
4 366
-
-
Income
47 500
47 500
47 500
47 500
Total tax
16 203
20 992
13 164
28 958
After tax
31 297
26 508
34 336
18 542
Living cost
30 000
30 000
30 000
30 000
Free-cash
1 297
-3 492
4 336
-11 458

Estimated living cost  is ₽30000 per week

₽19761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽10951
₽12980
₽11456
₽11884
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
-
-
-
47 500
income
-
-
-
7 125
social contributions
-
-
-
6 556
health
-
-
-
3 315
total
-
-
-
16 996
Employee
28 021
-
47 500
-
income
4 674
-
9 154
-
social contributions
3 867
-
6 556
-
health
1 956
-
3 315
-
total
10 497
-
19 025
-
Employer
28 021
-
47 500
-
total
-
-
-
-
Corporate
19 479
47 500
-
-
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%.

974
2 374
-
-
total
974
2 374
-
-
Dividends
18 505
45 126
-
-
withholding
2 776
6 769
-
-
health
1 292
3 149
-
-
social contributions
2 553
6 228
-
-
total
6 621
16 146
-
-
Income
47 500
47 500
47 500
47 500
Total tax
18 092
18 520
19 025
16 996
After tax
29 408
28 980
28 475
30 504
Living cost
17 524
17 524
17 524
17 524
Free-cash
11 884
11 456
10 951
12 980

Estimated living cost  is ₽17524 per week

₽11728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽1434
₽463
₽10033
₽1944
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
-
-
-
47 500
income
-
-
-
4 083
social contributions
-
-
-
13 870
solidarity contribution
-
-
-
-
health
-
-
-
6 413
total
-
-
-
24 366
Employee
33 340
-
35 448
-
solidarity contribution
-
-
-
-
income
4 001
-
4 254
-
social contributions
2 167
-
2 304
-
health
4 501
-
4 785
-
total
10 669
-
11 343
-
Employer
33 340
-
35 448
-
social contributions
8 335
-
8 862
-
health
3 001
-
3 190
-
total
11 336
-
12 052
-
Corporate
2 825
47 500
-
-
income
537
9 025
-
-
total
537
9 025
-
-
Dividends
2 288
38 475
-
-
withholding
343
5 771
-
-
total
343
5 771
-
-
Income
47 500
47 500
47 500
47 500
Total tax
22 885
14 796
23 395
24 366
After tax
24 615
32 704
24 105
23 134
Living cost
22 671
22 671
22 671
22 671
Free-cash
1 944
10 033
1 434
463

Estimated living cost  is ₽22671 per week

₽16860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽28357
₽37382
₽35482
₽33674
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%.

-
-
-
47 500
microenterprise

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

-
-
-
475
total
-
-
-
475
Employee
12 054
-
47 500
-
income
2 411
-
9 500
-
total
2 411
-
9 500
-
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%.

35 446
47 500
-
-
total
-
-
-
-
Dividends
35 446
47 500
-
-
withholding
1 772
2 375
-
-
total
1 772
2 375
-
-
Income
47 500
47 500
47 500
47 500
Total tax
4 183
2 375
9 500
475
After tax
43 317
45 125
38 000
47 025
Living cost
9 643
9 643
9 643
9 643
Free-cash
33 674
35 482
28 357
37 382

Estimated living cost  is ₽9643 per week

₽6526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
-₽11029
-₽11452
-₽15975
-₽20427
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
-
-
-
47 500
income
-
-
-
2 128
social contributions
-
-
-
1 353
health
-
-
-
411
surtax
-
-
-
-
pensions
-
-
-
13 671
other
-
-
-
1 473
total
-
-
-
19 036
Employee
51 761
-
36 196
-
income
4 516
-
2 188
-
social contributions
1 474
-
1 030
-
surtax
-
-
-
-
pensions
5 855
-
4 092
-
total
11 845
-
7 310
-
Employer
51 761
-
36 196
-
unemployment
2 097
-
1 466
-
social contributions
155
-
108
-
pensions
8 505
-
5 947
-
other
1 786
-
1 248
-
health
3 623
-
2 534
-
total
16 166
-
11 303
-
Corporate
-
47 500
-
-
income
-
13 299
-
-
surtax
-
-
-
-
total
-
13 299
-
-
Dividends
-
34 201
-
-
withholding
-
4 377
-
-
surtax
-
-
-
-
social contributions
-
5 883
-
-
total
-
10 260
-
-
Income
47 500
47 500
47 500
47 500
Total tax
28 011
23 559
18 613
19 036
After tax
19 489
23 941
28 887
28 464
Living cost
39 916
39 916
39 916
39 916
Free-cash
-20 427
-15 975
-11 029
-11 452

Estimated living cost  is ₽39916 per week

₽27014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽11301
₽9257
₽20076
₽16023
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.

-
-
-
47 500
income
-
-
-
6 046
health
-
-
-
4 892
unemployment
-
-
-
712
pensions
-
-
-
12 350
total
-
-
-
24 000
Employee

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

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

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

21 478
-
40 288
-
income
2 961
-
6 727
-
health
1 106
-
2 075
-
unemployment
161
-
302
-
pensions
3 007
-
5 640
-
total
7 235
-
14 744
-
Employer

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

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

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

21 478
-
40 288
-
unemployment
161
-
302
-
pensions
2 577
-
4 835
-
health
1 106
-
2 075
-
total
3 844
-
7 212
-
Corporate
22 178
47 500
-
-
income
3 327
7 125
-
-
total
3 327
7 125
-
-
Dividends
18 851
40 375
-
-
withholding
2 828
6 056
-
-
total
2 828
6 056
-
-
Income
47 500
47 500
47 500
47 500
Total tax
17 234
13 181
21 956
24 000
After tax
30 266
34 319
25 544
23 500
Living cost
14 243
14 243
14 243
14 243
Free-cash
16 023
20 076
11 301
9 257

Estimated living cost  is ₽14243 per week

₽9590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-₽20073
-₽17649
-₽36123
-₽26640
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
-
-
-
47 500
regional
-
-
-
1 140
national
-
-
-
157
health
-
-
-
189
city
-
-
-
499
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.

-
-
-
949
pensions
-
-
-
4 371
total
-
-
-
7 305
Employee
67 693
-
42 516
-
regional
2 217
-
960
-
city
726
-
456
-
health
153
-
95
-
unemployment
-
-
-
-
national
320
-
129
-
pensions
5 687
-
3 572
-
total
9 103
-
5 212
-
Employer
67 693
-
42 516
-
unemployment
-
-
-
-
pensions
5 687
-
3 572
-
other

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

1 353
-
850
-
health
153
-
95
-
total
7 193
-
4 517
-
Corporate
-
47 500
-
-
regional
-
10 046
-
-
national
-
4 038
-
-
total
-
14 084
-
-
Dividends
-
33 416
-
-
withholding
-
11 695
-
-
total
-
11 695
-
-
Income
47 500
47 500
47 500
47 500
Total tax
16 296
25 779
9 729
7 305
After tax
31 204
21 721
37 771
40 195
Living cost
57 844
57 844
57 844
57 844
Free-cash
-26 640
-36 123
-20 073
-17 649

Estimated living cost  is ₽57844 per week

₽37615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽14328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
-₽2414
₽5092
₽1089
-₽4184
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

-
-
-
47 500
municipal
-
-
-
8 480
national
-
-
-
1 813
health
-
-
-
386
total
-
-
-
10 679
Employee
43 481
-
39 960
-
health
325
-
270
-
unemployment
652
-
599
-
national
718
-
527
-
municipal
7 122
-
6 551
-
pensions
2 934
-
2 698
-
total
11 751
-
10 645
-
Employer
43 481
-
39 960
-
unemployment
282
-
260
-
pensions
7 544
-
6 934
-
accident
44
-
39
-
health
334
-
307
-
total
8 204
-
7 540
-
Corporate
-
47 500
-
-
income
-
9 499
-
-
total
-
9 499
-
-
Dividends

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

-
28 501
-
-
national
-
53
-
-
municipal
-
5 130
-
-
total
-
5 183
-
-
Income
47 500
47 500
47 500
47 500
Total tax
19 955
14 682
18 185
10 679
After tax
27 545
32 818
29 315
36 821
Living cost
31 729
31 729
31 729
31 729
Free-cash
-4 184
1 089
-2 414
5 092

Estimated living cost  is ₽31729 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
-₽9745
-₽4608
-₽3365
-₽28822
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
-
-
-
47 500
national
-
-
-
13 943
social contributions
-
-
-
5 513
communal

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

-
-
-
2 519
total
-
-
-
21 975
Employee

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

59 116
-
36 790
-
health

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

2 777
-
1 730
-
communal

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

3 083
-
1 920
-
unemployment

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

514
-
320
-
national
18 174
-
9 676
-
pensions

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

4 434
-
2 759
-
total
28 982
-
16 405
-
Employer

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

59 116
-
36 790
-
unemployment

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

863
-
536
-
pensions

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

5 238
-
3 259
-
surtax
6 703
-
4 172
-
accident

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

768
-
478
-
health

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

3 635
-
2 262
-
total
17 207
-
10 707
-
Corporate
-
47 500
-
-
income
-
9 499
-
-
surtax
-
190
-
-
total
-
9 689
-
-
Dividends
-
37 811
-
-
withholding

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

-
11 043
-
-
total
-
11 043
-
-
Income
47 500
47 500
47 500
47 500
Total tax
46 189
20 732
27 112
21 975
After tax
1 311
26 768
20 388
25 525
Living cost
30 133
30 133
30 133
30 133
Free-cash
-28 822
-3 365
-9 745
-4 608

Estimated living cost  is ₽30133 per week

₽19410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
-₽8617
-₽10305
-₽8048
-₽16137
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
-
-
-
47 500
municipal
-
-
-
10 061
national
-
-
-
-
health
-
-
-
2 964
accident
-
-
-
95
unemployment
-
-
-
47
pensions
-
-
-
5 135
other
-
-
-
5 520
total
-
-
-
23 822
Employee
48 422
-
36 144
-
national
-
-
-
-
municipal
14 440
-
10 778
-
total
14 440
-
10 778
-
Employer
48 422
-
36 144
-
unemployment
1 278
-
954
-
pensions
5 234
-
3 907
-
other
5 627
-
4 200
-
accident
97
-
72
-
health
2 978
-
2 223
-
total
15 214
-
11 356
-
Corporate
-
47 500
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
37 050
-
-
withholding
-
11 115
-
-
total
-
11 115
-
-
Income
47 500
47 500
47 500
47 500
Total tax
29 654
21 565
22 134
23 822
After tax
17 846
25 935
25 366
23 678
Living cost
33 983
33 983
33 983
33 983
Free-cash
-16 137
-8 048
-8 617
-10 305

Estimated living cost  is ₽33983 per week

₽22522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽1734
-₽4905
-₽8832
-₽82881
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
-
-
-
47 500
income
-
-
-
9 259
social contributions
-
-
-
5 415
total
-
-
-
14 674
Employee
54 100
-
-
-
income
11 933
-
-
-
social contributions
4 436
-
632
-
total
16 369
-
632
-
Employer
54 100
-
-
-
social contributions
76 281
-
10 871
-
total
76 281
-
10 871
-
Corporate
-
47 500
-
-
income
-
10 450
-
-
total
-
10 450
-
-
Dividends
-
37 050
-
-
income
-
8 151
-
-
total
-
8 151
-
-
Income
47 500
47 500
47 500
47 500
Total tax
92 650
18 601
11 503
14 674
After tax
-45 150
28 899
35 997
32 826
Living cost
37 731
37 731
37 731
37 731
Free-cash
-82 881
-8 832
-1 734
-4 905

Estimated living cost  is ₽37731 per week

₽24481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽5512
₽10414
₽2007
₽4738
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
-
-
-
47 500
income
-
-
-
1 659
social contributions
-
-
-
7 410
health
-
-
-
1 211
total
-
-
-
10 280
Employee
63 549
63 549
63 549
-
income
6 673
5 883
6 494
-
social contributions
3 088
5 274
3 579
-
health
632
1 081
732
-
total
10 393
12 238
10 805
-
Employer
63 549
63 549
63 549
-
social contributions
3 088
5 274
3 579
-
health
688
1 176
798
-
total
3 776
6 450
4 377
-
Corporate
6 525
-
-
-
income
816
-
-
-
total
816
-
-
-
Dividends
5 709
-
-
-
withholding
971
-
-
-
total
971
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
15 956
18 688
15 182
10 280
After tax
31 544
28 812
32 318
37 220
Living cost
26 805
26 805
26 805
26 805
Free-cash
4 738
2 007
5 512
10 414

Estimated living cost  is ₽26805 per week

₽18324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽660
₽5490
₽5415
₽830
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
-
-
-
47 500
income
-
-
-
8 917
pensions
-
-
-
2 918
total
-
-
-
11 835
Employee
41 420
-
42 378
-
income
7 543
-
7 707
-
health
540
-
560
-
pensions
3 161
-
3 278
-
total
11 244
-
11 545
-
Employer
41 420
-
42 378
-
pensions
4 185
-
4 315
-
health
787
-
805
-
total
4 972
-
5 120
-
Corporate
1 108
47 500
-
-
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.

211
9 024
-
-
total
211
9 024
-
-
Dividends
897
38 476
-
-
withholding
68
2 886
-
-
total
68
2 886
-
-
Income
47 500
47 500
47 500
47 500
Total tax
16 495
11 910
16 665
11 835
After tax
31 005
35 590
30 835
35 665
Living cost
30 175
30 175
30 175
30 175
Free-cash
830
5 415
660
5 490

Estimated living cost  is ₽30175 per week

₽20700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
-₽9908
-₽7270
-₽7903
-₽22141
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
-
-
-
47 500
municipal
-
-
-
317
regional
-
-
-
728
national
-
-
-
8 585
social contributions
-
-
-
12 217
total
-
-
-
21 847
Employee
69 641
-
47 500
-
regional
1 051
-
625
-
social contributions
23 482
-
16 017
-
national
11 769
-
7 559
-
municipal
416
-
284
-
total
36 718
-
24 485
-
Employer
69 641
-
47 500
-
total
-
-
-
-
Corporate
-
47 500
-
-
nationa
-
11 400
-
-
municipal
-
2 290
-
-
total
-
13 690
-
-
Dividends
-
33 810
-
-
withholding
-
8 790
-
-
total
-
8 790
-
-
Income
47 500
47 500
47 500
47 500
Total tax
36 718
22 480
24 485
21 847
After tax
10 782
25 020
23 015
25 653
Living cost
32 923
32 923
32 923
32 923
Free-cash
-22 141
-7 903
-9 908
-7 270

Estimated living cost  is ₽32923 per week

₽23126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽7678
₽15520
-₽13431
₽1196
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
-
-
-
47 500
income
-
-
-
9 232
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 268
other
-
-
-
291
total
-
-
-
14 702
Employee
27 179
-
39 458
-
income
3 729
-
5 541
-
health
3 112
-
4 518
-
pensions
3 060
-
4 443
-
total
9 901
-
14 502
-
Employer
27 179
-
39 458
-
unemployment
666
-
967
-
pensions
4 420
-
6 416
-
accident
454
-
659
-
total
5 540
-
8 042
-
Corporate
14 782
47 500
-
-
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.

13 304
42 750
-
-
total
13 304
42 750
-
-
Dividends
1 478
4 750
-
-
withholding
281
903
-
-
total
281
903
-
-
Income
47 500
47 500
47 500
47 500
Total tax
29 026
43 653
22 544
14 702
After tax
18 474
3 847
24 956
32 798
Living cost
17 278
17 278
17 278
17 278
Free-cash
1 196
-13 431
7 678
15 520

Estimated living cost  is ₽17278 per week

₽12663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽4465
₽3163
-₽7299
₽3511
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.

-
-
-
47 500
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.

-
-
-
5 197
health

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

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

-
-
-
5 646
trade
-
-
-
1 302
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.

-
-
-
285
total
-
-
-
12 430
Employee

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

41 120
-
47 500
-
income

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

3 381
-
5 197
-
health

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

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

5 646
-
5 646
-
surtax

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

187
-
285
-
total
9 214
-
11 128
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 380
47 500
-
-
chamber of commerce
135
194
-
-
income
957
7 125
-
-
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.

53
392
-
-
trade
916
6 816
-
-
total
2 061
14 527
-
-
Dividends
4 319
32 973
-
-
withholding
765
7 929
-
-
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.

42
436
-
-
total
807
8 365
-
-
Income
47 500
47 500
47 500
47 500
Total tax
12 082
22 892
11 128
12 430
After tax
35 418
24 608
36 372
35 070
Living cost
31 907
31 907
31 907
31 907
Free-cash
3 511
-7 299
4 465
3 163

Estimated living cost  is ₽31907 per week

₽22010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽9980
₽20580
₽20808
₽14027
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.

-
-
-
47 500
microenterprise
-
-
-
7 125
income
-
-
-
-
social contributions

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

-
-
-
2 602
surtax
-
-
-
-
total
-
-
-
9 727
Employee
24 149
-
38 278
-
income
4 299
-
6 894
-
social contributions

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

2 657
-
4 211
-
surtax
-
-
-
-
total
6 956
-
11 105
-
Employer
24 149
-
38 278
-
social contributions

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

5 817
-
9 222
-
surtax
-
-
-
-
total
5 817
-
9 222
-
Corporate
17 534
47 500
-
-
income

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

3 507
9 499
-
-
total
3 507
9 499
-
-
Dividends

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

14 027
38 001
-
-
total
-
-
-
-
Income
47 500
47 500
47 500
47 500
Total tax
16 280
9 499
20 327
9 727
After tax
31 220
38 001
27 173
37 773
Living cost
17 193
17 193
17 193
17 193
Free-cash
14 027
20 808
9 980
20 580

Estimated living cost  is ₽17193 per week

₽10969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽13210
₽13930
₽18965
₽17211
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
-
-
-
47 500
income
-
-
-
9 462
health
-
-
-
5 646
pensions
-
-
-
7 787
total
-
-
-
22 895
Employee
16 260
-
38 776
-
income
3 145
-
9 074
-
health
813
-
1 939
-
unemployment
163
-
388
-
pensions
1 463
-
3 490
-
total
5 584
-
14 891
-
Employer
16 260
-
38 776
-
unemployment
325
-
775
-
pensions
1 789
-
4 265
-
health
1 545
-
3 684
-
total
3 659
-
8 724
-
Corporate
27 581
47 500
-
-
income
6 068
10 450
-
-
total
6 068
10 450
-
-
Dividends
21 514
37 050
-
-
withholding
4 303
7 410
-
-
total
4 303
7 410
-
-
Income
47 500
47 500
47 500
47 500
Total tax
19 614
17 860
23 615
22 895
After tax
27 886
29 640
23 885
24 605
Living cost
10 675
10 675
10 675
10 675
Free-cash
17 211
18 965
13 210
13 930

Estimated living cost  is ₽10675 per week

₽6344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽244
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽7259
₽8283
₽11313
₽8686
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
-
-
-
47 500
income
-
-
-
7 164
health
-
-
-
3 373
unemployment
-
-
-
188
surtax
-
-
-
430
pensions
-
-
-
9 499
other
-
-
-
-
total
-
-
-
20 654
Employee
27 832
-
39 240
-
other
-
-
-
-
income
4 666
-
6 716
-
health
710
-
1 001
-
unemployment
1 937
-
2 730
-
surtax
99
-
353
-
pensions
1 857
-
2 618
-
total
9 269
-
13 418
-
Employer
27 832
-
39 240
-
unemployment
883
-
1 244
-
pensions
3 711
-
5 230
-
other
-
-
-
-
health
1 266
-
1 786
-
total
5 860
-
8 260
-
Corporate
13 809
47 500
-
-
income
3 590
12 351
-
-
total
3 590
12 351
-
-
Dividends
10 219
35 149
-
-
withholding
1 532
5 273
-
-
total
1 532
5 273
-
-
Income
47 500
47 500
47 500
47 500
Total tax
20 251
17 624
21 678
20 654
After tax
27 249
29 876
25 822
26 846
Living cost
18 563
18 563
18 563
18 563
Free-cash
8 686
11 313
7 259
8 283

Estimated living cost  is ₽18563 per week

₽11207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
-₽8034
₽87
₽941
₽140
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
-
-
-
47 500
income
-
-
-
3 367
chamber of commerce
-
-
-
190
health
-
-
-
3 634
unemployment