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
₽ 48000
per

Your estimated
City
free-cash

Valencia , Spain
₽5877
₽4427
₽4084
₽10164
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
-
-
-
48 000
unemployment
-
-
-
336
income
-
-
-
7 263
other
-
-
-
48
accident
-
-
-
432
pensions
-
-
-
13 583
total
-
-
-
21 662
Employee
29 923
-
36 396
-
unemployment
464
-
564
-
pensions
1 407
-
1 711
-
income
5 769
-
7 407
-
other
29
-
37
-
total
7 669
-
9 719
-
Employer
29 923
-
36 396
-
pensions
7 061
-
8 589
-
accident
593
-
720
-
unemployment
1 646
-
2 001
-
other
240
-
290
-
total
9 540
-
11 600
-
Corporate
8 537
48 000
-
-
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.

1 281
7 199
-
-
total
1 281
7 199
-
-
Dividends
7 257
40 801
-
-
withholding
1 379
8 383
-
-
total
1 379
8 383
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 869
15 582
21 319
21 662
After tax
28 131
32 418
26 681
26 338
Living cost
22 254
22 254
22 254
22 254
Free-cash
5 877
10 164
4 427
4 084

Estimated living cost  is ₽22254 per week

₽15021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4704
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
₽8237
₽6572
₽4428
₽13703
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
-
-
-
48 000
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.

-
-
-
11 519
income
-
-
-
6 097
other
-
-
-
2 281
health
-
-
-
2 112
total
-
-
-
22 009
Employee
29 383
-
38 337
-
health
412
-
536
-
unemployment
293
-
384
-
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.

2 056
-
2 684
-
income
5 059
-
6 599
-
total
7 820
-
10 203
-
Employer
29 383
-
38 337
-
health
412
-
536
-
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.

4 996
-
6 518
-
accident
235
-
307
-
unemployment
293
-
384
-
other
1 470
-
1 917
-
total
7 406
-
9 662
-
Corporate
11 212
48 000
-
-
income
2 354
10 080
-
-
total
2 354
10 080
-
-
Dividends
8 857
37 920
-
-
withholding
620
2 654
-
-
total
620
2 654
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 200
12 734
19 865
22 009
After tax
29 800
35 266
28 135
25 991
Living cost
21 563
21 563
21 563
21 563
Free-cash
8 237
13 703
6 572
4 428

Estimated living cost  is ₽21563 per week

₽15236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4524
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
₽26654
₽23483
₽22623
₽30418
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
-
-
-
48 000
pensions

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

-
-
-
4 188
unemployment
-
-
-
113
income
-
-
-
7 200
health
-
-
-
3 254
total
-
-
-
14 755
Employee
14 065
-
42 448
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 406
-
4 245
-
total
3 443
-
8 343
-
Employer
14 065
-
42 448
-
health
971
-
1 953
-
pensions

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

1 550
-
3 118
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 760
-
5 552
-
Corporate
31 175
48 000
-
-
income
3 118
4 800
-
-
total
3 118
4 800
-
-
Dividends
28 057
43 200
-
-
withholding
1 403
2 160
-
-
total
1 403
2 160
-
-
Income
48 000
48 000
48 000
48 000
Total tax
10 724
6 960
13 895
14 755
After tax
37 276
41 040
34 105
33 245
Living cost
10 622
10 622
10 622
10 622
Free-cash
26 654
30 418
23 483
22 623

Estimated living cost  is ₽10622 per week

₽6201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3381
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
₽1285
₽1433
₽1043
-₽3497
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
-
-
-
48 000
income
-
-
-
2 224
other
-
-
-
1 488
health
-
-
-
416
social contributions
-
-
-
1 368
pensions
-
-
-
13 774
surtax
-
-
-
-
total
-
-
-
19 270
Employee
34 635
-
36 577
-
pensions
3 916
-
4 136
-
income
2 044
-
2 279
-
social contributions
987
-
1 043
-
surtax
-
-
-
-
total
6 947
-
7 458
-
Employer
34 635
-
36 577
-
health
2 425
-
2 560
-
social contributions
104
-
109
-
pensions
5 690
-
6 009
-
unemployment
1 402
-
1 482
-
other
1 195
-
1 262
-
total
10 816
-
11 422
-
Corporate
2 549
48 000
-
-
income
714
13 441
-
-
surtax
-
-
-
-
total
714
13 441
-
-
Dividends
1 835
34 559
-
-
social contributions
316
5 945
-
-
surtax
-
-
-
-
withholding
235
4 424
-
-
total
551
10 369
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 028
23 810
18 880
19 270
After tax
28 972
24 190
29 120
28 730
Living cost
27 687
27 687
27 687
27 687
Free-cash
1 285
-3 497
1 433
1 043

Estimated living cost  is ₽27687 per week

₽17458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
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.
₽7508
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
-₽32361
-₽32361
-₽6471
-₽27818
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
-
-
-
48 000
pensions
-
-
-
8 640
income
-
-
-
4 562
health
-
-
-
7 368
total
-
-
-
20 570
Employee
69 107
69 107
69 107
-
health
10 607
9 022
10 607
-
pensions
12 439
9 481
12 439
-
income

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

11 312
11 312
11 312
-
total
34 358
29 815
34 358
-
Employer
69 107
69 107
69 107
-
health
4 804
4 804
4 804
-
pensions
4 810
4 810
4 810
-
unemployment
2 488
2 488
2 488
-
total
12 102
12 102
12 102
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
46 460
41 917
46 460
20 570
After tax
1 540
6 083
1 540
27 430
Living cost
33 901
33 901
33 901
33 901
Free-cash
-32 361
-27 818
-32 361
-6 471

Estimated living cost  is ₽33901 per week

₽24025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6281
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
₽8804
₽12125
₽10491
-₽146
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.

-
-
-
48 000
trade
-
-
-
1 634
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.

-
-
-
5 530
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.

-
-
-
5 529
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.

-
-
-
304
total
-
-
-
12 997
Employee

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

30 952
-
48 000
-
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.

5 529
-
5 529
-
income

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

865
-
5 530
-
surtax

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

48
-
304
-
total
6 442
-
11 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 048
48 000
-
-
income
2 557
7 199
-
-
trade
2 684
7 560
-
-
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
396
-
-
chamber of commerce
147
192
-
-
total
5 529
15 347
-
-
Dividends
11 518
32 652
-
-
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
432
-
-
withholding
2 572
7 855
-
-
total
2 713
8 287
-
-
Income
48 000
48 000
48 000
48 000
Total tax
14 684
23 634
11 363
12 997
After tax
33 316
24 366
36 637
35 003
Living cost
24 512
24 512
24 512
24 512
Free-cash
8 804
-146
12 125
10 491

Estimated living cost  is ₽24512 per week

₽15419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5777
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
₽12182
₽14165
₽18683
₽10964
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
-
-
-
48 000
income
-
-
-
1 869
health
-
-
-
1 224
social contributions
-
-
-
7 488
total
-
-
-
10 581
Employee
62 228
62 228
62 228
-
health
482
1 058
740
-
income
6 776
5 760
6 319
-
social contributions
2 353
5 165
3 617
-
total
9 611
11 983
10 676
-
Employer
62 228
62 228
62 228
-
health
524
1 152
806
-
social contributions
2 353
5 165
3 617
-
total
2 877
6 317
4 423
-
Corporate
16 777
-
-
-
income
2 098
-
-
-
total
2 098
-
-
-
Dividends
14 679
-
-
-
withholding
2 496
-
-
-
total
2 496
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 082
18 300
15 099
10 581
After tax
30 918
29 700
32 901
37 419
Living cost
18 736
18 736
18 736
18 736
Free-cash
12 182
10 964
14 165
18 683

Estimated living cost  is ₽18736 per week

₽11229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
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
₽1103
₽907
₽2260
₽1918
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.

-
-
-
48 000
income
-
-
-
3 677
social contributions

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

-
-
-
16 679
surtax
-
-
-
-
total
-
-
-
20 356
Employee
37 219
-
38 787
-
income
7 742
-
8 230
-
social contributions
4 094
-
4 266
-
surtax
-
-
-
-
total
11 836
-
12 496
-
Employer
37 219
-
38 787
-
social contributions
8 840
-
9 213
-
total
8 840
-
9 213
-
Corporate
1 941
48 000
-
-
income
407
10 080
-
-
surtax
-
-
-
-
total
407
10 080
-
-
Dividends
1 534
37 920
-
-
withholding
430
10 618
-
-
total
430
10 618
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 513
20 698
21 709
20 356
After tax
26 487
27 302
26 291
27 644
Living cost
25 384
25 384
25 384
25 384
Free-cash
1 103
1 918
907
2 260

Estimated living cost  is ₽25384 per week

₽18992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4470
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
₽38419
₽32353
₽41473
₽39553
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%.

-
-
-
48 000
microenterprise

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

-
-
-
480
total
-
-
-
480
Employee
7 559
-
48 000
-
income
1 512
-
9 600
-
total
1 512
-
9 600
-
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%.

40 441
48 000
-
-
total
-
-
-
-
Dividends
40 441
48 000
-
-
withholding
2 022
2 400
-
-
total
2 022
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
3 534
2 400
9 600
480
After tax
44 466
45 600
38 400
47 520
Living cost
6 047
6 047
6 047
6 047
Free-cash
38 419
39 553
32 353
41 473

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽4573
₽3197
₽4572
₽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

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.

-
-
-
48 000
pensions
-
-
-
8 766
unemployment
-
-
-
72
income
-
-
-
8 160
health
-
-
-
4 724
total
-
-
-
21 722
Employee

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

35 785
-
41 533
-
health
2 311
-
2 683
-
unemployment
51
-
58
-
pensions
5 547
-
6 438
-
income
6 171
-
7 452
-
total
14 080
-
16 631
-
Employer

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

35 785
-
41 533
-
health
2 383
-
2 766
-
pensions
3 167
-
3 675
-
unemployment
21
-
25
-
total
5 571
-
6 466
-
Corporate
6 643
48 000
-
-
income
1 262
9 121
-
-
total
1 262
9 121
-
-
Dividends
5 381
38 879
-
-
withholding
808
5 833
-
-
total
808
5 833
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 721
14 954
23 097
21 722
After tax
26 279
33 046
24 903
26 278
Living cost
21 706
21 706
21 706
21 706
Free-cash
4 573
11 340
3 197
4 572

Estimated living cost  is ₽21706 per week

₽14896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
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
₽2237
₽5362
-₽9537
-₽2452
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.

-
-
-
48 000
income
-
-
-
23 036
health

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

-
-
-
5 125
total
-
-
-
28 161
Employee
37 124
-
44 277
-
social contributions
3 719
-
3 723
-
income
4 028
-
5 816
-
total
7 747
-
9 539
-
Employer
37 124
-
44 277
-
social contributions
3 719
-
3 723
-
total
3 719
-
3 723
-
Corporate
7 157
48 000
-
-
income
2 505
16 801
-
-
total
2 505
16 801
-
-
Dividends
4 652
31 199
-
-
social contributions
2 416
4 275
-
-
total
2 416
4 275
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 387
21 076
13 262
28 161
After tax
31 613
26 924
34 738
19 839
Living cost
29 376
29 376
29 376
29 376
Free-cash
2 237
-2 452
5 362
-9 537

Estimated living cost  is ₽29376 per week

₽19350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
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
₽12546
₽11559
₽13666
₽12123
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
-
-
-
48 000
income
-
-
-
7 199
health
-
-
-
3 351
social contributions
-
-
-
6 624
total
-
-
-
17 174
Employee
27 438
-
48 000
-
health
1 915
-
3 351
-
income
4 576
-
9 306
-
social contributions
3 787
-
6 624
-
total
10 278
-
19 281
-
Employer
27 438
-
48 000
-
total
-
-
-
-
Corporate
20 562
48 000
-
-
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%.

1 027
2 400
-
-
total
1 027
2 400
-
-
Dividends
19 534
45 600
-
-
social contributions
2 695
6 293
-
-
withholding
2 930
6 840
-
-
health
1 364
3 184
-
-
total
6 989
16 317
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 294
18 717
19 281
17 174
After tax
29 706
29 283
28 719
30 826
Living cost
17 160
17 160
17 160
17 160
Free-cash
12 546
12 123
11 559
13 666

Estimated living cost  is ₽17160 per week

₽11484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4222
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
₽2377
₽1752
₽772
₽10442
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
-
-
-
48 000
income
-
-
-
4 126
health
-
-
-
6 480
social contributions
-
-
-
14 016
solidarity contribution
-
-
-
-
total
-
-
-
24 622
Employee
33 244
-
35 821
-
health
4 488
-
4 836
-
solidarity contribution
-
-
-
-
income
3 989
-
4 299
-
social contributions
2 161
-
2 328
-
total
10 638
-
11 463
-
Employer
33 244
-
35 821
-
health
2 992
-
3 224
-
social contributions
8 311
-
8 955
-
total
11 303
-
12 179
-
Corporate
3 453
48 000
-
-
income
656
9 120
-
-
total
656
9 120
-
-
Dividends
2 797
38 880
-
-
withholding
420
5 832
-
-
total
420
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
23 017
14 952
23 642
24 622
After tax
24 983
33 048
24 358
23 378
Living cost
22 606
22 606
22 606
22 606
Free-cash
2 377
10 442
1 752
772

Estimated living cost  is ₽22606 per week

₽16811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
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.
₽4151
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
₽34409
₽28976
₽38096
₽36176
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%.

-
-
-
48 000
microenterprise

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

-
-
-
480
total
-
-
-
480
Employee
11 780
-
48 000
-
income
2 356
-
9 600
-
total
2 356
-
9 600
-
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%.

36 220
48 000
-
-
total
-
-
-
-
Dividends
36 220
48 000
-
-
withholding
1 811
2 400
-
-
total
1 811
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
4 167
2 400
9 600
480
After tax
43 833
45 600
38 400
47 520
Living cost
9 424
9 424
9 424
9 424
Free-cash
34 409
36 176
28 976
38 096

Estimated living cost  is ₽9424 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
-₽18514
-₽9966
-₽10356
-₽14896
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
-
-
-
48 000
income
-
-
-
2 224
other
-
-
-
1 488
health
-
-
-
416
social contributions
-
-
-
1 368
pensions
-
-
-
13 774
surtax
-
-
-
-
total
-
-
-
19 270
Employee
50 685
-
36 577
-
pensions
5 733
-
4 136
-
income
4 422
-
2 279
-
social contributions
1 444
-
1 043
-
surtax
-
-
-
-
total
11 599
-
7 458
-
Employer
50 685
-
36 577
-
health
3 547
-
2 560
-
social contributions
152
-
109
-
pensions
8 328
-
6 009
-
unemployment
2 053
-
1 482
-
other
1 749
-
1 262
-
total
15 829
-
11 422
-
Corporate
-
48 000
-
-
income
-
13 441
-
-
surtax
-
-
-
-
total
-
13 441
-
-
Dividends
-
34 559
-
-
social contributions
-
5 945
-
-
surtax
-
-
-
-
withholding
-
4 424
-
-
total
-
10 369
-
-
Income
48 000
48 000
48 000
48 000
Total tax
27 428
23 810
18 880
19 270
After tax
20 572
24 190
29 120
28 730
Living cost
39 086
39 086
39 086
39 086
Free-cash
-18 514
-14 896
-9 966
-10 356

Estimated living cost  is ₽39086 per week

₽26453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8899
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
₽16769
₽11827
₽9760
₽20736
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.

-
-
-
48 000
pensions
-
-
-
12 480
unemployment
-
-
-
720
income
-
-
-
6 152
health
-
-
-
4 944
total
-
-
-
24 296
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.

21 027
-
40 712
-
health
1 083
-
2 097
-
unemployment
158
-
305
-
pensions
2 944
-
5 700
-
income
2 898
-
6 840
-
total
7 083
-
14 942
-
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.

21 027
-
40 712
-
health
1 083
-
2 097
-
pensions
2 523
-
4 885
-
unemployment
158
-
305
-
total
3 764
-
7 287
-
Corporate
23 209
48 000
-
-
income
3 481
7 200
-
-
total
3 481
7 200
-
-
Dividends
19 728
40 800
-
-
withholding
2 959
6 120
-
-
total
2 959
6 120
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 287
13 320
22 229
24 296
After tax
30 713
34 680
25 771
23 704
Living cost
13 944
13 944
13 944
13 944
Free-cash
16 769
20 736
11 827
9 760

Estimated living cost  is ₽13944 per week

₽9389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3073
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
-₽24196
-₽18198
-₽15747
-₽34377
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
-
-
-
48 000
pensions
-
-
-
4 417
city
-
-
-
505
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.

-
-
-
961
health
-
-
-
184
regional
-
-
-
1 188
national
-
-
-
165
total
-
-
-
7 420
Employee
65 917
-
42 963
-
health
149
-
97
-
unemployment
-
-
-
-
city
707
-
461
-
pensions
5 538
-
3 608
-
regional
2 158
-
1 004
-
national
312
-
137
-
total
8 864
-
5 307
-
Employer
65 917
-
42 963
-
health
149
-
97
-
pensions
5 538
-
3 608
-
unemployment
-
-
-
-
other

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

1 318
-
859
-
total
7 005
-
4 564
-
Corporate
-
48 000
-
-
regional
-
10 151
-
-
national
-
4 080
-
-
total
-
14 231
-
-
Dividends
-
33 769
-
-
withholding
-
11 819
-
-
total
-
11 819
-
-
Income
48 000
48 000
48 000
48 000
Total tax
15 869
26 050
9 871
7 420
After tax
32 131
21 950
38 129
40 580
Living cost
56 327
56 327
56 327
56 327
Free-cash
-24 196
-34 377
-18 198
-15 747

Estimated living cost  is ₽56327 per week

₽36629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13952
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
-₽2609
-₽1504
₽5933
₽2040
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

-
-
-
48 000
municipal
-
-
-
8 568
health
-
-
-
401
national
-
-
-
2 029
total
-
-
-
10 998
Employee
42 576
-
40 381
-
health
318
-
284
-
unemployment
639
-
605
-
pensions
2 873
-
2 726
-
national
703
-
584
-
municipal
6 974
-
6 617
-
total
11 507
-
10 816
-
Employer
42 576
-
40 381
-
health
327
-
310
-
pensions
7 387
-
7 006
-
accident
43
-
40
-
unemployment
276
-
263
-
total
8 033
-
7 619
-
Corporate
-
48 000
-
-
income
-
9 600
-
-
total
-
9 600
-
-
Dividends

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

-
28 800
-
-
municipal
-
5 185
-
-
national
-
106
-
-
total
-
5 291
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 540
14 891
18 435
10 998
After tax
28 460
33 109
29 565
37 002
Living cost
31 069
31 069
31 069
31 069
Free-cash
-2 609
2 040
-1 504
5 933

Estimated living cost  is ₽31069 per week

₽20294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
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
-₽26737
-₽9004
-₽3936
-₽2466
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
-
-
-
48 000
communal

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

-
-
-
2 537
social contributions
-
-
-
5 710
national
-
-
-
14 183
total
-
-
-
22 430
Employee

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

57 886
-
37 176
-
health

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

2 720
-
1 746
-
communal

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

3 019
-
1 940
-
unemployment

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

504
-
324
-
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.

4 341
-
2 789
-
national
17 797
-
9 875
-
total
28 381
-
16 674
-
Employer

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

57 886
-
37 176
-
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.

3 560
-
2 287
-
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.

5 129
-
3 294
-
surtax
6 564
-
4 217
-
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.

752
-
484
-
unemployment

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

845
-
542
-
total
16 850
-
10 824
-
Corporate
-
48 000
-
-
income
-
9 600
-
-
surtax
-
192
-
-
total
-
9 792
-
-
Dividends
-
38 208
-
-
withholding

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

-
11 168
-
-
total
-
11 168
-
-
Income
48 000
48 000
48 000
48 000
Total tax
45 231
20 960
27 498
22 430
After tax
2 769
27 040
20 502
25 570
Living cost
29 506
29 506
29 506
29 506
Free-cash
-26 737
-2 466
-9 004
-3 936

Estimated living cost  is ₽29506 per week

₽19006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
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
-₽17345
-₽9261
-₽10968
-₽8687
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
-
-
-
48 000
unemployment
-
-
-
48
municipal
-
-
-
10 167
other
-
-
-
5 578
health
-
-
-
2 995
national
-
-
-
-
accident
-
-
-
96
pensions
-
-
-
5 189
total
-
-
-
24 073
Employee
49 722
-
36 524
-
national
-
-
-
-
municipal
14 827
-
10 891
-
total
14 827
-
10 891
-
Employer
49 722
-
36 524
-
health
3 058
-
2 246
-
pensions
5 375
-
3 948
-
accident
99
-
73
-
unemployment
1 313
-
964
-
other
5 778
-
4 244
-
total
15 623
-
11 475
-
Corporate
-
48 000
-
-
income
-
10 560
-
-
total
-
10 560
-
-
Dividends
-
37 440
-
-
withholding
-
11 232
-
-
total
-
11 232
-
-
Income
48 000
48 000
48 000
48 000
Total tax
30 450
21 792
22 366
24 073
After tax
17 550
26 208
25 634
23 927
Living cost
34 895
34 895
34 895
34 895
Free-cash
-17 345
-8 687
-9 261
-10 968

Estimated living cost  is ₽34895 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7814
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
-₽84602
-₽2072
-₽5201
-₽9170
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
-
-
-
48 000
income
-
-
-
9 356
social contributions
-
-
-
5 472
total
-
-
-
14 828
Employee
55 021
-
-
-
income
12 137
-
-
-
social contributions
4 512
-
643
-
total
16 649
-
643
-
Employer
55 021
-
-
-
social contributions
77 580
-
11 056
-
total
77 580
-
11 056
-
Corporate
-
48 000
-
-
income
-
10 560
-
-
total
-
10 560
-
-
Dividends
-
37 440
-
-
income
-
8 237
-
-
total
-
8 237
-
-
Income
48 000
48 000
48 000
48 000
Total tax
94 229
18 797
11 699
14 828
After tax
-46 229
29 203
36 301
33 172
Living cost
38 373
38 373
38 373
38 373
Free-cash
-84 602
-9 170
-2 072
-5 201

Estimated living cost  is ₽38373 per week

₽24898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9377
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
₽5721
₽6653
₽11171
₽3452
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
-
-
-
48 000
income
-
-
-
1 869
health
-
-
-
1 224
social contributions
-
-
-
7 488
total
-
-
-
10 581
Employee
62 228
62 228
62 228
-
health
619
1 058
740
-
income
6 534
5 760
6 319
-
social contributions
3 024
5 165
3 617
-
total
10 177
11 983
10 676
-
Employer
62 228
62 228
62 228
-
health
674
1 152
806
-
social contributions
3 024
5 165
3 617
-
total
3 698
6 317
4 423
-
Corporate
7 877
-
-
-
income
984
-
-
-
total
984
-
-
-
Dividends
6 892
-
-
-
withholding
1 172
-
-
-
total
1 172
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 031
18 300
15 099
10 581
After tax
31 969
29 700
32 901
37 419
Living cost
26 248
26 248
26 248
26 248
Free-cash
5 721
3 452
6 653
11 171

Estimated living cost  is ₽26248 per week

₽17943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5814
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
₽2647
₽2100
₽7061
₽7042
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
-
-
-
48 000
income
-
-
-
8 996
pensions
-
-
-
3 020
total
-
-
-
12 016
Employee
39 701
-
42 756
-
health
518
-
580
-
pensions
3 030
-
3 397
-
income
7 230
-
7 756
-
total
10 778
-
11 733
-
Employer
39 701
-
42 756
-
health
755
-
813
-
pensions
4 011
-
4 431
-
total
4 766
-
5 244
-
Corporate
3 534
48 000
-
-
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.

672
9 120
-
-
total
672
9 120
-
-
Dividends
2 861
38 880
-
-
withholding
214
2 915
-
-
total
214
2 915
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 430
12 035
16 977
12 016
After tax
31 570
35 965
31 023
35 984
Living cost
28 923
28 923
28 923
28 923
Free-cash
2 647
7 042
2 100
7 061

Estimated living cost  is ₽28923 per week

₽19841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6059
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
-₽20194
-₽9017
-₽6355
-₽6955
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
-
-
-
48 000
municipal
-
-
-
321
regional
-
-
-
743
social contributions
-
-
-
12 346
national
-
-
-
8 706
total
-
-
-
22 116
Employee
68 193
-
48 000
-
social contributions
22 994
-
16 185
-
regional
1 030
-
638
-
national
11 524
-
7 669
-
municipal
407
-
286
-
total
35 955
-
24 778
-
Employer
68 193
-
48 000
-
total
-
-
-
-
Corporate
-
48 000
-
-
nationa
-
11 519
-
-
municipal
-
2 314
-
-
total
-
13 833
-
-
Dividends
-
34 166
-
-
withholding
-
8 883
-
-
total
-
8 883
-
-
Income
48 000
48 000
48 000
48 000
Total tax
35 955
22 716
24 778
22 116
After tax
12 045
25 284
23 222
25 884
Living cost
32 239
32 239
32 239
32 239
Free-cash
-20 194
-6 955
-9 017
-6 355

Estimated living cost  is ₽32239 per week

₽22646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6888
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
₽1258
₽8001
₽15996
-₽13250
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
-
-
-
48 000
pensions
-
-
-
3 241
income
-
-
-
9 440
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
14 866
Employee
26 959
-
39 873
-
health
3 087
-
4 566
-
pensions
3 036
-
4 490
-
income
3 699
-
5 678
-
total
9 822
-
14 734
-
Employer
26 959
-
39 873
-
pensions
4 384
-
6 484
-
accident
450
-
666
-
unemployment
660
-
977
-
total
5 494
-
8 127
-
Corporate
15 547
48 000
-
-
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.

13 992
43 200
-
-
total
13 992
43 200
-
-
Dividends
1 555
4 800
-
-
withholding
296
912
-
-
total
296
912
-
-
Income
48 000
48 000
48 000
48 000
Total tax
29 604
44 112
22 861
14 866
After tax
18 396
3 888
25 139
33 134
Living cost
17 138
17 138
17 138
17 138
Free-cash
1 258
-13 250
8 001
15 996

Estimated living cost  is ₽17138 per week

₽12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3270
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
₽4203
₽5394
₽3906
-₽6383
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.

-
-
-
48 000
trade
-
-
-
1 488
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.

-
-
-
5 530
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.

-
-
-
5 529
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.

-
-
-
304
total
-
-
-
12 851
Employee

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

40 265
-
48 000
-
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.

5 529
-
5 529
-
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.

3 311
-
5 530
-
surtax

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

183
-
304
-
total
9 023
-
11 363
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 735
48 000
-
-
income
1 159
7 199
-
-
trade
1 110
6 888
-
-
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.

64
396
-
-
chamber of commerce
134
193
-
-
total
2 467
14 676
-
-
Dividends
5 267
33 323
-
-
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.

55
441
-
-
withholding
1 009
8 023
-
-
total
1 064
8 464
-
-
Income
48 000
48 000
48 000
48 000
Total tax
12 554
23 140
11 363
12 851
After tax
35 446
24 860
36 637
35 149
Living cost
31 243
31 243
31 243
31 243
Free-cash
4 203
-6 383
5 394
3 906

Estimated living cost  is ₽31243 per week

₽21552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
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
₽14926
₽10594
₽21417
₽21564
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.

-
-
-
48 000
income
-
-
-
-
microenterprise
-
-
-
7 199
social contributions

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

-
-
-
2 548
surtax
-
-
-
-
total
-
-
-
9 747
Employee
23 647
-
38 681
-
income
4 209
-
6 996
-
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.

2 601
-
4 255
-
surtax
-
-
-
-
total
6 810
-
11 251
-
Employer
23 647
-
38 681
-
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.

5 696
-
9 319
-
surtax
-
-
-
-
total
5 696
-
9 319
-
Corporate
18 657
48 000
-
-
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%.

3 732
9 600
-
-
total
3 732
9 600
-
-
Dividends

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

14 926
38 400
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 238
9 600
20 570
9 747
After tax
31 762
38 400
27 430
38 253
Living cost
16 836
16 836
16 836
16 836
Free-cash
14 926
21 564
10 594
21 417

Estimated living cost  is ₽16836 per week

₽10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1603
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.
₽4110
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
₽18382
₽14718
₽15424
₽20013
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
-
-
-
48 000
income
-
-
-
10 131
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
22 637
Employee
15 138
-
39 844
-
health
757
-
1 812
-
unemployment
151
-
363
-
pensions
1 362
-
3 262
-
income
2 928
-
9 750
-
total
5 198
-
15 187
-
Employer
15 138
-
39 844
-
health
1 438
-
3 444
-
pensions
1 665
-
3 987
-
unemployment
303
-
725
-
total
3 406
-
8 156
-
Corporate
29 455
48 000
-
-
income
6 480
10 560
-
-
total
6 480
10 560
-
-
Dividends
22 975
37 440
-
-
withholding
4 595
7 488
-
-
total
4 595
7 488
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 679
18 048
23 343
22 637
After tax
28 321
29 952
24 657
25 363
Living cost
9 939
9 939
9 939
9 939
Free-cash
18 382
20 013
14 718
15 424

Estimated living cost  is ₽9939 per week

₽5906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽9441
₽7793
₽8826
₽12015
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
-
-
-
48 000
pensions
-
-
-
9 600
unemployment
-
-
-
184
income
-
-
-
7 330
other
-
-
-
-
health
-
-
-
3 408
surtax
-
-
-
475
total
-
-
-
20 997
Employee
27 253
-
39 652
-
health
696
-
1 010
-
unemployment
1 897
-
2 760
-
pensions
1 818
-
2 644
-
income
4 569
-
6 874
-
other
-
-
-
-
surtax
97
-
396
-
total
9 077
-
13 684
-
Employer
27 253
-
39 652
-
health
1 239
-
1 804
-
pensions
3 633
-
5 286
-
unemployment
865
-
1 256
-
other
-
-
-
-
total
5 737
-
8 346
-
Corporate
15 010
48 000
-
-
income
3 902
12 481
-
-
total
3 902
12 481
-
-
Dividends
11 108
35 519
-
-
withholding
1 666
5 327
-
-
total
1 666
5 327
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 382
17 808
22 030
20 997
After tax
27 618
30 192
25 970
27 003
Living cost
18 177
18 177
18 177
18 177
Free-cash
9 441
12 015
7 793
8 826

Estimated living cost  is ₽18177 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5201
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
₽1217
-₽7541
₽793
₽1731
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
-
-
-
48 000
pensions
-
-
-
8 879
chamber of commerce
-
-
-
192
unemployment
-
-
-
4 963