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
₽2830
₽2491
₽8354
₽3651
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
-
-
-
7 031
accident
-
-
-
432
unemployment
-
-
-
336
pensions
-
-
-
13 584
other
-
-
-
48
total
-
-
-
21 431
Employee
32 377
-
36 397
-
other
32
-
37
-
income
6 242
-
7 177
-
unemployment
502
-
565
-
pensions
1 522
-
1 710
-
total
8 298
-
9 489
-
Employer
32 377
-
36 397
-
unemployment
1 781
-
2 002
-
pensions
7 640
-
8 589
-
other
259
-
291
-
accident
641
-
721
-
total
10 321
-
11 603
-
Corporate
5 301
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.

796
7 200
-
-
total
796
7 200
-
-
Dividends
4 505
40 800
-
-
withholding
856
8 368
-
-
total
856
8 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 271
15 568
21 092
21 431
After tax
27 729
32 432
26 908
26 569
Living cost
24 078
24 078
24 078
24 078
Free-cash
3 651
8 354
2 830
2 491

Estimated living cost  is ₽24078 per week

₽16253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2315
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.
₽5090
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
₽4800
₽2659
₽11934
₽6022
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
-
-
-
6 097
health
-
-
-
2 112
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.

-
-
-
11 520
other
-
-
-
2 280
total
-
-
-
22 009
Employee
31 793
-
38 338
-
income
5 473
-
6 600
-
health
445
-
537
-
unemployment
317
-
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.

2 225
-
2 684
-
total
8 460
-
10 205
-
Employer
31 793
-
38 338
-
unemployment
317
-
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.

5 405
-
6 517
-
other
1 590
-
1 918
-
accident
254
-
307
-
health
445
-
537
-
total
8 011
-
9 663
-
Corporate
8 195
48 000
-
-
income
1 721
10 080
-
-
total
1 721
10 080
-
-
Dividends
6 473
37 920
-
-
withholding
454
2 654
-
-
total
454
2 654
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 646
12 734
19 868
22 009
After tax
29 354
35 266
28 132
25 991
Living cost
23 332
23 332
23 332
23 332
Free-cash
6 022
11 934
4 800
2 659

Estimated living cost  is ₽23332 per week

₽16485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
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
₽21890
₽21153
₽29559
₽25493
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
-
-
-
7 200
health
-
-
-
3 517
unemployment
-
-
-
122
pensions

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

-
-
-
4 527
total
-
-
-
15 366
Employee
15 202
-
41 999
-
income
1 520
-
4 200
-
health
699
-
1 407
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
pensions

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

1 335
-
2 686
-
total
3 721
-
8 629
-
Employer
15 202
-
41 999
-
unemployment
91
-
184
-
pensions

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

1 675
-
3 370
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 049
-
2 110
-
total
2 982
-
6 000
-
Corporate
29 815
48 000
-
-
income
2 981
4 800
-
-
total
2 981
4 800
-
-
Dividends
26 833
43 200
-
-
withholding
1 342
2 160
-
-
total
1 342
2 160
-
-
Income
48 000
48 000
48 000
48 000
Total tax
11 026
6 960
14 629
15 366
After tax
36 974
41 040
33 371
32 634
Living cost
11 481
11 481
11 481
11 481
Free-cash
25 493
29 559
21 890
21 153

Estimated living cost  is ₽11481 per week

₽6703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽3654
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
-₽663
-₽1142
-₽5765
-₽1178
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
-
-
-
2 034
social contributions
-
-
-
1 368
health
-
-
-
417
surtax
-
-
-
-
pensions
-
-
-
13 878
other
-
-
-
1 487
total
-
-
-
19 184
Employee
37 475
-
36 578
-
income
2 212
-
2 104
-
social contributions
1 068
-
1 042
-
surtax
-
-
-
-
pensions
4 237
-
4 136
-
total
7 517
-
7 282
-
Employer
37 475
-
36 578
-
unemployment
1 517
-
1 482
-
social contributions
113
-
110
-
pensions
6 156
-
6 009
-
other
1 293
-
1 261
-
health
2 624
-
2 561
-
total
11 703
-
11 423
-
Corporate
-
48 000
-
-
income
-
13 439
-
-
surtax
-
-
-
-
total
-
13 439
-
-
Dividends
-
34 561
-
-
withholding
-
4 423
-
-
surtax
-
-
-
-
social contributions
-
5 945
-
-
total
-
10 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 220
23 807
18 705
19 184
After tax
28 780
24 193
29 295
28 816
Living cost
29 958
29 958
29 958
29 958
Free-cash
-1 178
-5 765
-663
-1 142

Estimated living cost  is ₽29958 per week

₽18890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽8124
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
-₽38950
-₽9217
-₽34035
-₽38950
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
-
-
-
4 526
health
-
-
-
7 369
pensions
-
-
-
8 641
total
-
-
-
20 536
Employee
74 774
74 774
74 774
-
income

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

12 239
12 239
12 239
-
health
11 477
9 762
11 477
-
pensions
13 459
10 259
13 459
-
total
37 175
32 260
37 175
-
Employer
74 774
74 774
74 774
-
unemployment
2 692
2 692
2 692
-
pensions
5 204
5 204
5 204
-
health
5 198
5 198
5 198
-
total
13 094
13 094
13 094
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
50 269
45 354
50 269
20 536
After tax
-2 269
2 646
-2 269
27 464
Living cost
36 681
36 681
36 681
36 681
Free-cash
-38 950
-34 035
-38 950
-9 217

Estimated living cost  is ₽36681 per week

₽25995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽6796
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
₽10398
₽9250
-₽2138
₽7545
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
income

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

-
-
-
4 832
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.

-
-
-
5 982
trade
-
-
-
1 148
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.

-
-
-
266
total
-
-
-
12 228
Employee

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

33 491
-
48 000
-
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.

936
-
4 832
-
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.

5 982
-
5 982
-
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.

52
-
266
-
total
6 970
-
11 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 509
48 000
-
-
chamber of commerce
155
203
-
-
income
2 177
7 200
-
-
surtax

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

120
395
-
-
trade
2 285
7 560
-
-
total
4 737
15 358
-
-
Dividends
9 774
32 641
-
-
withholding
2 110
7 828
-
-
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.

116
430
-
-
total
2 226
8 258
-
-
Income
48 000
48 000
48 000
48 000
Total tax
13 933
23 616
11 080
12 228
After tax
34 067
24 384
36 920
35 772
Living cost
26 522
26 522
26 522
26 522
Free-cash
7 545
-2 138
10 398
9 250

Estimated living cost  is ₽26522 per week

₽16683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6251
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
₽12002
₽17637
₽7927
₽10324
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
-
-
-
1 378
social contributions
-
-
-
7 487
health
-
-
-
1 225
total
-
-
-
10 090
Employee
67 331
67 331
67 331
-
income
7 331
6 233
6 944
-
social contributions
2 546
5 588
3 617
-
health
522
1 145
741
-
total
10 399
12 966
11 302
-
Employer
67 331
67 331
67 331
-
social contributions
2 546
5 588
3 617
-
health
567
1 246
806
-
total
3 113
6 834
4 423
-
Corporate
14 216
-
-
-
income
1 776
-
-
-
total
1 776
-
-
-
Dividends
12 440
-
-
-
withholding
2 115
-
-
-
total
2 115
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 403
19 800
15 725
10 090
After tax
30 597
28 200
32 275
37 910
Living cost
20 273
20 273
20 273
20 273
Free-cash
10 324
7 927
12 002
17 637

Estimated living cost  is ₽20273 per week

₽12150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5686
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
-₽859
₽329
-₽163
-₽1836
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
-
-
-
3 526
social contributions

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

-
-
-
16 680
surtax
-
-
-
-
total
-
-
-
20 206
Employee
40 272
-
38 788
-
income
8 377
-
7 915
-
social contributions
4 430
-
4 267
-
surtax
-
-
-
-
total
12 807
-
12 182
-
Employer
40 272
-
38 788
-
social contributions
9 564
-
9 212
-
total
9 564
-
9 212
-
Corporate
-
48 000
-
-
income
-
10 080
-
-
surtax
-
-
-
-
total
-
10 080
-
-
Dividends
-
37 920
-
-
withholding
-
10 618
-
-
total
-
10 618
-
-
Income
48 000
48 000
48 000
48 000
Total tax
22 371
20 698
21 394
20 206
After tax
25 629
27 302
26 606
27 794
Living cost
27 465
27 465
27 465
27 465
Free-cash
-1 836
-163
-859
329

Estimated living cost  is ₽27465 per week

₽20550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽4837
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
₽32113
₽41233
₽39313
₽38134
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
7 859
-
48 000
-
income
1 572
-
9 600
-
total
1 572
-
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%.

40 141
48 000
-
-
total
-
-
-
-
Dividends
40 141
48 000
-
-
withholding
2 007
2 400
-
-
total
2 007
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
3 579
2 400
9 600
480
After tax
44 421
45 600
38 400
47 520
Living cost
6 287
6 287
6 287
6 287
Free-cash
38 134
39 313
32 113
41 233

Estimated living cost  is ₽6287 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
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.
₽1695
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
₽1598
₽3085
₽9561
₽2238
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
income
-
-
-
7 871
health
-
-
-
4 722
unemployment
-
-
-
71
pensions
-
-
-
8 765
total
-
-
-
21 429
Employee

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

38 720
-
41 533
-
income
6 677
-
7 269
-
health
2 501
-
2 684
-
unemployment
55
-
58
-
pensions
6 002
-
6 437
-
total
15 235
-
16 448
-
Employer

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

38 720
-
41 533
-
unemployment
23
-
25
-
pensions
3 426
-
3 676
-
health
2 579
-
2 767
-
total
6 028
-
6 468
-
Corporate
3 252
48 000
-
-
income
618
9 121
-
-
total
618
9 121
-
-
Dividends
2 633
38 879
-
-
withholding
395
5 832
-
-
total
395
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
22 276
14 953
22 916
21 429
After tax
25 724
33 047
25 084
26 571
Living cost
23 486
23 486
23 486
23 486
Free-cash
2 238
9 561
1 598
3 085

Estimated living cost  is ₽23486 per week

₽16118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽5409
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
₽2850
-₽14421
-₽5210
-₽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

We use The Residence Programme or The Global Residence Programme.

-
-
-
48 000
income
-
-
-
24 925
health

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

-
-
-
5 711
total
-
-
-
30 636
Employee
40 168
-
43 972
-
social contributions
4 025
-
4 028
-
income
4 358
-
5 309
-
total
8 383
-
9 337
-
Employer
40 168
-
43 972
-
social contributions
4 025
-
4 028
-
total
4 025
-
4 028
-
Corporate
3 807
48 000
-
-
income
1 333
16 799
-
-
total
1 333
16 799
-
-
Dividends
2 475
31 201
-
-
social contributions
2 614
4 626
-
-
total
2 614
4 626
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 355
21 425
13 365
30 636
After tax
31 645
26 575
34 635
17 364
Living cost
31 785
31 785
31 785
31 785
Free-cash
-140
-5 210
2 850
-14 421

Estimated living cost  is ₽31785 per week

₽20937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
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.
₽7855
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
₽10296
₽12260
₽10718
₽11170
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
-
-
-
7 200
social contributions
-
-
-
6 623
health
-
-
-
3 350
total
-
-
-
17 173
Employee
29 689
-
48 000
-
income
4 952
-
9 164
-
social contributions
4 098
-
6 623
-
health
2 072
-
3 350
-
total
11 122
-
19 137
-
Employer
29 689
-
48 000
-
total
-
-
-
-
Corporate
18 311
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%.

916
2 399
-
-
total
916
2 399
-
-
Dividends
17 396
45 601
-
-
withholding
2 609
6 839
-
-
health
1 215
3 184
-
-
social contributions
2 401
6 293
-
-
total
6 225
16 316
-
-
Income
48 000
48 000
48 000
48 000
Total tax
18 263
18 715
19 137
17 173
After tax
29 737
29 285
28 863
30 827
Living cost
18 567
18 567
18 567
18 567
Free-cash
11 170
10 718
10 296
12 260

Estimated living cost  is ₽18567 per week

₽12426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4568
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
₽625
-₽355
₽9315
₽848
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
social contributions
-
-
-
14 016
solidarity contribution
-
-
-
-
health
-
-
-
6 480
total
-
-
-
24 622
Employee
34 901
-
35 821
-
solidarity contribution
-
-
-
-
income
4 188
-
4 299
-
social contributions
2 269
-
2 328
-
health
4 712
-
4 836
-
total
11 169
-
11 463
-
Employer
34 901
-
35 821
-
social contributions
8 725
-
8 955
-
health
3 141
-
3 224
-
total
11 866
-
12 179
-
Corporate
1 233
48 000
-
-
income
234
9 120
-
-
total
234
9 120
-
-
Dividends
999
38 880
-
-
withholding
150
5 832
-
-
total
150
5 832
-
-
Income
48 000
48 000
48 000
48 000
Total tax
23 419
14 952
23 642
24 622
After tax
24 581
33 048
24 358
23 378
Living cost
23 733
23 733
23 733
23 733
Free-cash
848
9 315
625
-355

Estimated living cost  is ₽23733 per week

₽17649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽4358
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
₽28603
₽37723
₽35803
₽33966
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
12 247
-
48 000
-
income
2 449
-
9 600
-
total
2 449
-
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%.

35 753
48 000
-
-
total
-
-
-
-
Dividends
35 753
48 000
-
-
withholding
1 788
2 400
-
-
total
1 788
2 400
-
-
Income
48 000
48 000
48 000
48 000
Total tax
4 237
2 400
9 600
480
After tax
43 763
45 600
38 400
47 520
Living cost
9 797
9 797
9 797
9 797
Free-cash
33 966
35 803
28 603
37 723

Estimated living cost  is ₽9797 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
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.
₽2427
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
-₽12996
-₽13475
-₽18098
-₽23970
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
-
-
-
2 034
social contributions
-
-
-
1 368
health
-
-
-
417
surtax
-
-
-
-
pensions
-
-
-
13 878
other
-
-
-
1 487
total
-
-
-
19 184
Employee
54 842
-
36 578
-
income
4 785
-
2 104
-
social contributions
1 562
-
1 042
-
surtax
-
-
-
-
pensions
6 203
-
4 136
-
total
12 550
-
7 282
-
Employer
54 842
-
36 578
-
unemployment
2 222
-
1 482
-
social contributions
165
-
110
-
pensions
9 011
-
6 009
-
other
1 893
-
1 261
-
health
3 838
-
2 561
-
total
17 129
-
11 423
-
Corporate
-
48 000
-
-
income
-
13 439
-
-
surtax
-
-
-
-
total
-
13 439
-
-
Dividends
-
34 561
-
-
withholding
-
4 423
-
-
surtax
-
-
-
-
social contributions
-
5 945
-
-
total
-
10 368
-
-
Income
48 000
48 000
48 000
48 000
Total tax
29 679
23 807
18 705
19 184
After tax
18 321
24 193
29 295
28 816
Living cost
42 291
42 291
42 291
42 291
Free-cash
-23 970
-18 098
-12 996
-13 475

Estimated living cost  is ₽42291 per week

₽28622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
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.
₽9629
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
₽10775
₽8708
₽19575
₽15277
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
income
-
-
-
6 043
health
-
-
-
4 944
unemployment
-
-
-
720
pensions
-
-
-
12 480
total
-
-
-
24 187
Employee

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

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

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

22 777
-
40 712
-
income
3 140
-
6 731
-
health
1 173
-
2 097
-
unemployment
171
-
305
-
pensions
3 189
-
5 700
-
total
7 673
-
14 833
-
Employer

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

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

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

22 777
-
40 712
-
unemployment
171
-
305
-
pensions
2 733
-
4 885
-
health
1 173
-
2 097
-
total
4 077
-
7 287
-
Corporate
21 146
48 000
-
-
income
3 172
7 200
-
-
total
3 172
7 200
-
-
Dividends
17 974
40 800
-
-
withholding
2 696
6 120
-
-
total
2 696
6 120
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 618
13 320
22 120
24 187
After tax
30 382
34 680
25 880
23 813
Living cost
15 105
15 105
15 105
15 105
Free-cash
15 277
19 575
10 775
8 708

Estimated living cost  is ₽15105 per week

₽10170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽3329
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
-₽22884
-₽20441
-₽39151
-₽30315
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
regional
-
-
-
1 108
national
-
-
-
152
health
-
-
-
199
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.

-
-
-
960
pensions
-
-
-
4 416
total
-
-
-
7 340
Employee
71 504
-
42 961
-
regional
2 341
-
926
-
city
767
-
461
-
health
162
-
97
-
unemployment
-
-
-
-
national
338
-
124
-
pensions
6 007
-
3 609
-
total
9 615
-
5 217
-
Employer
71 504
-
42 961
-
unemployment
-
-
-
-
pensions
6 007
-
3 609
-
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.

1 430
-
860
-
health
162
-
97
-
total
7 599
-
4 566
-
Corporate
-
48 000
-
-
regional
-
10 152
-
-
national
-
4 080
-
-
total
-
14 232
-
-
Dividends
-
33 768
-
-
withholding
-
11 818
-
-
total
-
11 818
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 214
26 050
9 783
7 340
After tax
30 786
21 950
38 217
40 660
Living cost
61 101
61 101
61 101
61 101
Free-cash
-30 315
-39 151
-22 884
-20 441

Estimated living cost  is ₽61101 per week

₽39733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
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.
₽15134
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
-₽3902
₽3912
-₽400
-₽6761
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
-
-
-
8 572
national
-
-
-
1 525
health
-
-
-
374
total
-
-
-
10 471
Employee
46 068
-
40 381
-
health
344
-
256
-
unemployment
691
-
607
-
national
761
-
454
-
municipal
7 546
-
6 623
-
pensions
3 109
-
2 725
-
total
12 451
-
10 665
-
Employer
46 068
-
40 381
-
unemployment
299
-
263
-
pensions
7 993
-
7 006
-
accident
47
-
40
-
health
354
-
311
-
total
8 693
-
7 620
-
Corporate
-
48 000
-
-
income
-
9 599
-
-
total
-
9 599
-
-
Dividends

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

-
28 801
-
-
national
-
-
-
-
municipal
-
5 184
-
-
total
-
5 184
-
-
Income
48 000
48 000
48 000
48 000
Total tax
21 144
14 783
18 285
10 471
After tax
26 856
33 217
29 715
37 529
Living cost
33 617
33 617
33 617
33 617
Free-cash
-6 761
-400
-3 902
3 912

Estimated living cost  is ₽33617 per week

₽21959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7891
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
-₽11171
-₽5782
-₽4861
-₽32866
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
national
-
-
-
13 945
social contributions
-
-
-
5 352
communal

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

-
-
-
2 559
total
-
-
-
21 856
Employee

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

62 633
-
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.

2 943
-
1 746
-
communal

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

3 267
-
1 939
-
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.

545
-
324
-
national
19 256
-
9 625
-
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.

4 697
-
2 788
-
total
30 708
-
16 422
-
Employer

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

62 633
-
37 176
-
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.

914
-
543
-
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.

5 550
-
3 293
-
surtax
7 102
-
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.

814
-
484
-
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.

3 852
-
2 286
-
total
18 232
-
10 823
-
Corporate
-
48 000
-
-
income
-
9 599
-
-
surtax
-
193
-
-
total
-
9 792
-
-
Dividends
-
38 208
-
-
withholding

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

-
11 143
-
-
total
-
11 143
-
-
Income
48 000
48 000
48 000
48 000
Total tax
48 940
20 935
27 245
21 856
After tax
-940
27 065
20 755
26 144
Living cost
31 926
31 926
31 926
31 926
Free-cash
-32 866
-4 861
-11 171
-5 782

Estimated living cost  is ₽31926 per week

₽20565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽8071
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
-₽10299
-₽12006
-₽9725
-₽19289
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
-
-
-
10 167
national
-
-
-
-
health
-
-
-
2 995
accident
-
-
-
96
unemployment
-
-
-
48
pensions
-
-
-
5 189
other
-
-
-
5 578
total
-
-
-
24 073
Employee
51 201
-
36 524
-
national
-
-
-
-
municipal
15 268
-
10 891
-
total
15 268
-
10 891
-
Employer
51 201
-
36 524
-
unemployment
1 352
-
964
-
pensions
5 535
-
3 948
-
other
5 950
-
4 244
-
accident
102
-
73
-
health
3 149
-
2 246
-
total
16 088
-
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
31 356
21 792
22 366
24 073
After tax
16 644
26 208
25 634
23 927
Living cost
35 933
35 933
35 933
35 933
Free-cash
-19 289
-9 725
-10 299
-12 006

Estimated living cost  is ₽35933 per week

₽23815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
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.
₽8046
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
-₽3132
-₽6013
-₽9982
-₽87406
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
56 185
-
-
-
income
12 393
-
-
-
social contributions
4 607
-
657
-
total
17 000
-
657
-
Employer
56 185
-
-
-
social contributions
79 221
-
11 290
-
total
79 221
-
11 290
-
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
96 221
18 797
11 947
14 828
After tax
-48 221
29 203
36 053
33 172
Living cost
39 185
39 185
39 185
39 185
Free-cash
-87 406
-9 982
-3 132
-6 013

Estimated living cost  is ₽39185 per week

₽25425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9575
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
₽3874
₽9509
-₽201
₽3330
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
-
-
-
1 378
social contributions
-
-
-
7 487
health
-
-
-
1 225
total
-
-
-
10 090
Employee
67 331
67 331
67 331
-
income
7 070
6 233
6 944
-
social contributions
3 272
5 588
3 617
-
health
670
1 145
741
-
total
11 012
12 966
11 302
-
Employer
67 331
67 331
67 331
-
social contributions
3 272
5 588
3 617
-
health
729
1 246
806
-
total
4 001
6 834
4 423
-
Corporate
4 586
-
-
-
income
573
-
-
-
total
573
-
-
-
Dividends
4 013
-
-
-
withholding
683
-
-
-
total
683
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 269
19 800
15 725
10 090
After tax
31 731
28 200
32 275
37 910
Living cost
28 401
28 401
28 401
28 401
Free-cash
3 330
-201
3 874
9 509

Estimated living cost  is ₽28401 per week

₽19415
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.
₽477
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.
₽6291
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
-₽495
₽4325
₽4204
-₽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
-
-
-
48 000
income
-
-
-
9 022
pensions
-
-
-
2 892
total
-
-
-
11 914
Employee
43 596
-
42 880
-
income
7 939
-
7 817
-
health
569
-
554
-
pensions
3 327
-
3 243
-
total
11 835
-
11 614
-
Employer
43 596
-
42 880
-
pensions
4 405
-
4 305
-
health
829
-
815
-
total
5 234
-
5 120
-
Corporate
-
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.

-
9 120
-
-
total
-
9 120
-
-
Dividends
-
38 880
-
-
withholding
-
2 915
-
-
total
-
2 915
-
-
Income
48 000
48 000
48 000
48 000
Total tax
17 069
12 035
16 734
11 914
After tax
30 931
35 965
31 266
36 086
Living cost
31 761
31 761
31 761
31 761
Free-cash
-830
4 204
-495
4 325

Estimated living cost  is ₽31761 per week

₽21788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
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.
₽6653
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
-₽11565
-₽8902
-₽9598
-₽25785
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
-
-
-
724
national
-
-
-
8 629
social contributions
-
-
-
12 346
total
-
-
-
22 020
Employee
73 785
-
48 000
-
regional
1 114
-
619
-
social contributions
24 880
-
16 186
-
national
12 469
-
7 592
-
municipal
440
-
286
-
total
38 903
-
24 683
-
Employer
73 785
-
48 000
-
total
-
-
-
-
Corporate
-
48 000
-
-
nationa
-
11 520
-
-
municipal
-
2 313
-
-
total
-
13 833
-
-
Dividends
-
34 167
-
-
withholding
-
8 883
-
-
total
-
8 883
-
-
Income
48 000
48 000
48 000
48 000
Total tax
38 903
22 716
24 683
22 020
After tax
9 097
25 284
23 317
25 980
Living cost
34 882
34 882
34 882
34 882
Free-cash
-25 785
-9 598
-11 565
-8 902

Estimated living cost  is ₽34882 per week

₽24503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
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.
₽7452
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
₽7326
₽15138
-₽14134
₽1123
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
-
-
-
9 135
health
-
-
-
1 786
accident
-
-
-
207
pensions
-
-
-
3 408
other
-
-
-
304
total
-
-
-
14 840
Employee
28 349
-
39 874
-
income
3 889
-
5 470
-
health
3 246
-
4 565
-
pensions
3 192
-
4 490
-
total
10 327
-
14 525
-
Employer
28 349
-
39 874
-
unemployment
695
-
977
-
pensions
4 610
-
6 484
-
accident
473
-
666
-
total
5 778
-
8 127
-
Corporate
13 874
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.

12 486
43 200
-
-
total
12 486
43 200
-
-
Dividends
1 387
4 800
-
-
withholding
264
912
-
-
total
264
912
-
-
Income
48 000
48 000
48 000
48 000
Total tax
28 855
44 112
22 652
14 840
After tax
19 145
3 888
25 348
33 160
Living cost
18 022
18 022
18 022
18 022
Free-cash
1 123
-14 134
7 326
15 138

Estimated living cost  is ₽18022 per week

₽13208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3439
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
₽3115
₽2068
-₽8927
₽2527
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
income

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

-
-
-
4 832
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.

-
-
-
5 982
trade
-
-
-
1 047
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.

-
-
-
266
total
-
-
-
12 127
Employee

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

43 567
-
48 000
-
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.

3 583
-
4 832
-
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.

5 982
-
5 982
-
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.

198
-
266
-
total
9 763
-
11 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
4 433
48 000
-
-
chamber of commerce
140
203
-
-
income
665
7 200
-
-
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.

37
395
-
-
trade
636
6 888
-
-
total
1 478
14 686
-
-
Dividends
2 955
33 314
-
-
withholding
405
7 996
-
-
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.

22
440
-
-
total
427
8 436
-
-
Income
48 000
48 000
48 000
48 000
Total tax
11 668
23 122
11 080
12 127
After tax
36 332
24 878
36 920
35 873
Living cost
33 805
33 805
33 805
33 805
Free-cash
2 527
-8 927
3 115
2 068

Estimated living cost  is ₽33805 per week

₽23320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽6357
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
₽9289
₽19826
₽20184
₽13000
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
microenterprise
-
-
-
7 200
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.

-
-
-
2 757
surtax
-
-
-
-
total
-
-
-
9 957
Employee
25 586
-
38 681
-
income
4 555
-
6 920
-
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.

2 815
-
4 255
-
surtax
-
-
-
-
total
7 370
-
11 175
-
Employer
25 586
-
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.

6 163
-
9 319
-
surtax
-
-
-
-
total
6 163
-
9 319
-
Corporate
16 251
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%.

3 250
9 599
-
-
total
3 250
9 599
-
-
Dividends

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

13 001
38 401
-
-
total
-
-
-
-
Income
48 000
48 000
48 000
48 000
Total tax
16 783
9 599
20 494
9 957
After tax
31 217
38 401
27 506
38 043
Living cost
18 217
18 217
18 217
18 217
Free-cash
13 000
20 184
9 289
19 826

Estimated living cost  is ₽18217 per week

₽11622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽4447
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
₽12856
₽13061
₽18524
₽16647
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
-
-
-
9 132
health
-
-
-
6 043
pensions
-
-
-
8 336
total
-
-
-
23 511
Employee
17 406
-
39 184
-
income
3 367
-
9 022
-
health
870
-
1 959
-
unemployment
174
-
392
-
pensions
1 566
-
3 527
-
total
5 977
-
14 900
-
Employer
17 406
-
39 184
-
unemployment
348
-
784
-
pensions
1 915
-
4 310
-
health
1 654
-
3 722
-
total
3 917
-
8 816
-
Corporate
26 678
48 000
-
-
income
5 869
10 560
-
-
total
5 869
10 560
-
-
Dividends
20 809
37 440
-
-
withholding
4 162
7 488
-
-
total
4 162
7 488
-
-
Income
48 000
48 000
48 000
48 000
Total tax
19 925
18 048
23 716
23 511
After tax
28 075
29 952
24 284
24 489
Living cost
11 428
11 428
11 428
11 428
Free-cash
16 647
18 524
12 856
13 061

Estimated living cost  is ₽11428 per week

₽6791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽262
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.
₽3449
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
₽6631
₽7657
₽10525
₽7740
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
-
-
-
7 099
health
-
-
-
3 408
unemployment
-
-
-
199
surtax
-
-
-
371
pensions
-
-
-
9 599
other
-
-
-
-
total
-
-
-
20 676
Employee
29 488
-
39 654
-
other
-
-
-
-
income
4 943
-
6 648
-
health
753
-
1 010
-
unemployment
2 052
-
2 760
-
surtax
105
-
292
-
pensions
1 967
-
2 645
-
total
9 820
-
13 355
-
Employer
29 488
-
39 654
-
unemployment
936
-
1 256
-
pensions
3 931
-
5 286
-
other
-
-
-
-
health
1 341
-
1 805
-
total
6 208
-
8 347
-
Corporate
12 304
48 000
-
-
income
3 199
12 481
-
-
total
3 199
12 481
-
-
Dividends
9 106
35 519
-
-
withholding
1 366
5 327
-
-
total
1 366
5 327
-
-
Income
48 000
48 000
48 000
48 000
Total tax
20 593
17 808
21 702
20 676
After tax
27 407
30 192
26 298
27 324
Living cost
19 667
19 667
19 667
19 667
Free-cash
7 740
10 525
6 631
7 657

Estimated living cost  is ₽19667 per week

₽11874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5628
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
-₽9023
-₽1016
-₽317
-₽2122
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
-
-
-
2 966
chamber of commerce
-
-
-
193
health
-
-
-