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
₽ 48500
per

Your estimated
City
free-cash

Valencia , Spain
₽7083
₽5286
₽4943
₽11197
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
-
-
-
48 500
unemployment
-
-
-
339
income
-
-
-
7 457
other
-
-
-
49
accident
-
-
-
437
pensions
-
-
-
13 725
total
-
-
-
22 007
Employee
28 977
-
36 777
-
unemployment
449
-
570
-
pensions
1 362
-
1 728
-
income
5 587
-
7 605
-
other
28
-
37
-
total
7 426
-
9 940
-
Employer
28 977
-
36 777
-
pensions
6 838
-
8 679
-
accident
574
-
729
-
unemployment
1 594
-
2 023
-
other
232
-
293
-
total
9 238
-
11 724
-
Corporate
10 285
48 500
-
-
income

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

1 542
7 275
-
-
total
1 542
7 275
-
-
Dividends
8 743
41 225
-
-
withholding
1 661
8 478
-
-
total
1 661
8 478
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 867
15 753
21 664
22 007
After tax
28 633
32 747
26 836
26 493
Living cost
21 550
21 550
21 550
21 550
Free-cash
7 083
11 197
5 286
4 943

Estimated living cost  is ₽21550 per week

₽14546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽9457
₽7549
₽5380
₽14751
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
-
-
-
48 500
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.

-
-
-
11 640
income
-
-
-
6 160
other
-
-
-
2 304
health
-
-
-
2 134
total
-
-
-
22 238
Employee
28 454
-
38 740
-
health
399
-
543
-
unemployment
284
-
387
-
pensions

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

1 991
-
2 711
-
income
4 899
-
6 668
-
total
7 573
-
10 309
-
Employer
28 454
-
38 740
-
health
399
-
543
-
pensions

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

4 838
-
6 585
-
accident
228
-
309
-
unemployment
284
-
387
-
other
1 423
-
1 936
-
total
7 172
-
9 760
-
Corporate
12 875
48 500
-
-
income
2 704
10 186
-
-
total
2 704
10 186
-
-
Dividends
10 171
38 314
-
-
withholding
712
2 681
-
-
total
712
2 681
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 161
12 867
20 069
22 238
After tax
30 339
35 633
28 431
26 262
Living cost
20 882
20 882
20 882
20 882
Free-cash
9 457
14 751
7 549
5 380

Estimated living cost  is ₽20882 per week

₽14754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽27557
₽24585
₽23648
₽31196
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
-
-
-
48 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
7 275
health
-
-
-
3 147
total
-
-
-
14 581
Employee
13 600
-
43 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
4 313
-
total
3 330
-
8 276
-
Employer
13 600
-
43 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
32 232
48 500
-
-
income
3 223
4 850
-
-
total
3 223
4 850
-
-
Dividends
29 008
43 650
-
-
withholding
1 450
2 183
-
-
total
1 450
2 183
-
-
Income
48 500
48 500
48 500
48 500
Total tax
10 672
7 033
13 644
14 581
After tax
37 828
41 467
34 856
33 919
Living cost
10 270
10 270
10 270
10 270
Free-cash
27 557
31 196
24 585
23 648

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽2261
₽2520
₽2173
-₽2368
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
-
-
-
48 500
income
-
-
-
2 345
other
-
-
-
1 504
health
-
-
-
419
social contributions
-
-
-
1 382
pensions
-
-
-
13 865
surtax
-
-
-
-
total
-
-
-
19 515
Employee
33 540
-
36 958
-
pensions
3 792
-
4 180
-
income
1 979
-
2 393
-
social contributions
956
-
1 053
-
surtax
-
-
-
-
total
6 727
-
7 626
-
Employer
33 540
-
36 958
-
health
2 348
-
2 588
-
social contributions
101
-
112
-
pensions
5 510
-
6 072
-
unemployment
1 358
-
1 496
-
other
1 157
-
1 274
-
total
10 474
-
11 542
-
Corporate
4 486
48 500
-
-
income
1 257
13 581
-
-
surtax
-
-
-
-
total
1 257
13 581
-
-
Dividends
3 230
34 919
-
-
social contributions
556
6 005
-
-
surtax
-
-
-
-
withholding
413
4 470
-
-
total
969
10 475
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 427
24 056
19 168
19 515
After tax
29 073
24 444
29 332
28 985
Living cost
26 812
26 812
26 812
26 812
Free-cash
2 261
-2 368
2 520
2 173

Estimated living cost  is ₽26812 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
-₽29320
-₽29320
-₽5134
-₽24921
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
-
-
-
48 500
pensions
-
-
-
8 731
income
-
-
-
4 629
health
-
-
-
7 445
total
-
-
-
20 805
Employee
66 922
66 922
66 922
-
health
10 272
8 737
10 272
-
pensions
12 046
9 182
12 046
-
income

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

10 954
10 954
10 954
-
total
33 272
28 873
33 272
-
Employer
66 922
66 922
66 922
-
health
4 652
4 652
4 652
-
pensions
4 658
4 658
4 658
-
unemployment
2 409
2 409
2 409
-
total
11 719
11 719
11 719
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
44 991
40 592
44 991
20 805
After tax
3 509
7 908
3 509
27 695
Living cost
32 829
32 829
32 829
32 829
Free-cash
-29 320
-24 921
-29 320
-5 134

Estimated living cost  is ₽32829 per week

₽23265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6082
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
₽9539
₽13121
₽11220
₽872
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.

-
-
-
48 500
trade
-
-
-
1 901
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.

-
-
-
5 961
health

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

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

-
-
-
5 354
surtax

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

-
-
-
327
total
-
-
-
13 543
Employee

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

29 974
-
48 500
-
health

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

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

5 354
-
5 354
-
income

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

837
-
5 961
-
surtax

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

46
-
327
-
total
6 237
-
11 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
18 526
48 500
-
-
income
2 779
7 275
-
-
trade
2 918
7 638
-
-
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.

153
400
-
-
chamber of commerce
146
189
-
-
total
5 996
15 502
-
-
Dividends
12 530
32 998
-
-
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.

156
437
-
-
withholding
2 835
7 952
-
-
total
2 991
8 389
-
-
Income
48 500
48 500
48 500
48 500
Total tax
15 224
23 891
11 642
13 543
After tax
33 276
24 609
36 858
34 957
Living cost
23 737
23 737
23 737
23 737
Free-cash
9 539
872
13 121
11 220

Estimated living cost  is ₽23737 per week

₽14931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽13265
₽15420
₽19412
₽12636
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
-
-
-
48 500
income
-
-
-
2 140
health
-
-
-
1 237
social contributions
-
-
-
7 567
total
-
-
-
10 944
Employee
60 260
60 260
60 260
-
health
467
1 025
748
-
income
6 561
5 578
6 065
-
social contributions
2 278
5 001
3 654
-
total
9 306
11 604
10 467
-
Employer
60 260
60 260
60 260
-
health
507
1 115
815
-
social contributions
2 278
5 001
3 654
-
total
2 785
6 116
4 469
-
Corporate
18 264
-
-
-
income
2 283
-
-
-
total
2 283
-
-
-
Dividends
15 981
-
-
-
withholding
2 717
-
-
-
total
2 717
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 091
17 720
14 936
10 944
After tax
31 409
30 780
33 564
37 556
Living cost
18 144
18 144
18 144
18 144
Free-cash
13 265
12 636
15 420
19 412

Estimated living cost  is ₽18144 per week

₽10874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽2216
₽1821
₽3272
₽3005
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.

-
-
-
48 500
income
-
-
-
3 793
social contributions

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

-
-
-
16 854
surtax
-
-
-
-
total
-
-
-
20 647
Employee
36 043
-
39 192
-
income
7 497
-
8 479
-
social contributions
3 965
-
4 311
-
surtax
-
-
-
-
total
11 462
-
12 790
-
Employer
36 043
-
39 192
-
social contributions
8 560
-
9 308
-
total
8 560
-
9 308
-
Corporate
3 897
48 500
-
-
income
818
10 186
-
-
surtax
-
-
-
-
total
818
10 186
-
-
Dividends
3 079
38 314
-
-
withholding
863
10 728
-
-
total
863
10 728
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 703
20 914
22 098
20 647
After tax
26 797
27 586
26 402
27 853
Living cost
24 581
24 581
24 581
24 581
Free-cash
2 216
3 005
1 821
3 272

Estimated living cost  is ₽24581 per week

₽18392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽38862
₽32726
₽41941
₽40001
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%.

-
-
-
48 500
microenterprise

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

-
-
-
485
total
-
-
-
485
Employee
7 592
-
48 500
-
income
1 518
-
9 700
-
total
1 518
-
9 700
-
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%.

40 908
48 500
-
-
total
-
-
-
-
Dividends
40 908
48 500
-
-
withholding
2 046
2 425
-
-
total
2 046
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
3 564
2 425
9 700
485
After tax
44 936
46 075
38 800
48 015
Living cost
6 074
6 074
6 074
6 074
Free-cash
38 862
40 001
32 726
41 941

Estimated living cost  is ₽6074 per week

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

Additional information

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

Ljubljana , Slovenia
₽5817
₽3994
₽5381
₽12374
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.

-
-
-
48 500
pensions
-
-
-
8 858
unemployment
-
-
-
73
income
-
-
-
8 396
health
-
-
-
4 772
total
-
-
-
22 099
Employee

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

34 654
-
41 967
-
health
2 238
-
2 711
-
unemployment
49
-
59
-
pensions
5 372
-
6 505
-
income
5 976
-
7 679
-
total
13 635
-
16 954
-
Employer

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

34 654
-
41 967
-
health
2 308
-
2 794
-
pensions
3 067
-
3 713
-
unemployment
21
-
25
-
total
5 396
-
6 532
-
Corporate
8 451
48 500
-
-
income
1 606
9 214
-
-
total
1 606
9 214
-
-
Dividends
6 844
39 286
-
-
withholding
1 026
5 892
-
-
total
1 026
5 892
-
-
Income
48 500
48 500
48 500
48 500
Total tax
21 663
15 106
23 486
22 099
After tax
26 837
33 394
25 014
26 401
Living cost
21 020
21 020
21 020
21 020
Free-cash
5 817
12 374
3 994
5 381

Estimated living cost  is ₽21020 per week

₽14425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽3477
₽6707
-₽7209
-₽1061
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.

-
-
-
48 500
income
-
-
-
22 307
health

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

-
-
-
4 955
total
-
-
-
27 262
Employee
35 950
-
44 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
6 136
-
total
7 503
-
9 741
-
Employer
35 950
-
44 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
8 948
48 500
-
-
income
3 132
16 974
-
-
total
3 132
16 974
-
-
Dividends
5 816
31 526
-
-
social contributions
2 339
4 140
-
-
total
2 339
4 140
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 576
21 114
13 346
27 262
After tax
31 924
27 386
35 154
21 238
Living cost
28 447
28 447
28 447
28 447
Free-cash
3 477
-1 061
6 707
-7 209

Estimated living cost  is ₽28447 per week

₽18738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽13380
₽12328
₽14529
₽12971
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
-
-
-
48 500
income
-
-
-
7 275
health
-
-
-
3 385
social contributions
-
-
-
6 694
total
-
-
-
17 354
Employee
26 571
-
48 500
-
health
1 854
-
3 385
-
income
4 432
-
9 476
-
social contributions
3 667
-
6 694
-
total
9 953
-
19 555
-
Employer
26 571
-
48 500
-
total
-
-
-
-
Corporate
21 929
48 500
-
-
income

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

1 096
2 426
-
-
total
1 096
2 426
-
-
Dividends
20 833
46 074
-
-
social contributions
2 875
6 358
-
-
withholding
3 125
6 911
-
-
health
1 454
3 217
-
-
total
7 454
16 486
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 503
18 912
19 555
17 354
After tax
29 997
29 588
28 945
31 146
Living cost
16 617
16 617
16 617
16 617
Free-cash
13 380
12 971
12 328
14 529

Estimated living cost  is ₽16617 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽3631
₽2675
₽1684
₽11455
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
-
-
-
48 500
income
-
-
-
4 169
health
-
-
-
6 548
social contributions
-
-
-
14 162
solidarity contribution
-
-
-
-
total
-
-
-
24 879
Employee
32 261
-
36 194
-
health
4 355
-
4 886
-
solidarity contribution
-
-
-
-
income
3 871
-
4 343
-
social contributions
2 097
-
2 353
-
total
10 323
-
11 582
-
Employer
32 261
-
36 194
-
health
2 903
-
3 257
-
social contributions
8 065
-
9 049
-
total
10 968
-
12 306
-
Corporate
5 271
48 500
-
-
income
1 001
9 215
-
-
total
1 001
9 215
-
-
Dividends
4 269
39 285
-
-
withholding
640
5 893
-
-
total
640
5 893
-
-
Income
48 500
48 500
48 500
48 500
Total tax
22 932
15 108
23 888
24 879
After tax
25 568
33 392
24 612
23 621
Living cost
21 937
21 937
21 937
21 937
Free-cash
3 631
11 455
2 675
1 684

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽34836
₽29335
₽38550
₽36610
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%.

-
-
-
48 500
microenterprise

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

-
-
-
485
total
-
-
-
485
Employee
11 832
-
48 500
-
income
2 366
-
9 700
-
total
2 366
-
9 700
-
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%.

36 668
48 500
-
-
total
-
-
-
-
Dividends
36 668
48 500
-
-
withholding
1 833
2 425
-
-
total
1 833
2 425
-
-
Income
48 500
48 500
48 500
48 500
Total tax
4 199
2 425
9 700
485
After tax
44 301
46 075
38 800
48 015
Living cost
9 465
9 465
9 465
9 465
Free-cash
34 836
36 610
29 335
38 550

Estimated living cost  is ₽9465 per week

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

Additional information

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

Paris , France
-₽15912
-₽8518
-₽8865
-₽13406
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
-
-
-
48 500
income
-
-
-
2 345
other
-
-
-
1 504
health
-
-
-
419
social contributions
-
-
-
1 382
pensions
-
-
-
13 865
surtax
-
-
-
-
total
-
-
-
19 515
Employee
49 083
-
36 958
-
pensions
5 552
-
4 180
-
income
4 283
-
2 393
-
social contributions
1 398
-
1 053
-
surtax
-
-
-
-
total
11 233
-
7 626
-
Employer
49 083
-
36 958
-
health
3 435
-
2 588
-
social contributions
147
-
112
-
pensions
8 065
-
6 072
-
unemployment
1 988
-
1 496
-
other
1 694
-
1 274
-
total
15 329
-
11 542
-
Corporate
-
48 500
-
-
income
-
13 581
-
-
surtax
-
-
-
-
total
-
13 581
-
-
Dividends
-
34 919
-
-
social contributions
-
6 005
-
-
surtax
-
-
-
-
withholding
-
4 470
-
-
total
-
10 475
-
-
Income
48 500
48 500
48 500
48 500
Total tax
26 562
24 056
19 168
19 515
After tax
21 938
24 444
29 332
28 985
Living cost
37 850
37 850
37 850
37 850
Free-cash
-15 912
-13 406
-8 518
-8 865

Estimated living cost  is ₽37850 per week

₽25616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽17684
₽12471
₽10386
₽21529
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.

-
-
-
48 500
pensions
-
-
-
12 610
unemployment
-
-
-
727
income
-
-
-
6 270
health
-
-
-
4 995
total
-
-
-
24 602
Employee

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

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

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

20 376
-
41 137
-
health
1 049
-
2 119
-
unemployment
153
-
309
-
pensions
2 853
-
5 759
-
income
2 809
-
6 966
-
total
6 864
-
15 153
-
Employer

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

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

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

20 376
-
41 137
-
health
1 049
-
2 119
-
pensions
2 445
-
4 936
-
unemployment
153
-
309
-
total
3 647
-
7 364
-
Corporate
24 477
48 500
-
-
income
3 672
7 275
-
-
total
3 672
7 275
-
-
Dividends
20 806
41 225
-
-
withholding
3 121
6 184
-
-
total
3 121
6 184
-
-
Income
48 500
48 500
48 500
48 500
Total tax
17 304
13 459
22 517
24 602
After tax
31 196
35 041
25 983
23 898
Living cost
13 512
13 512
13 512
13 512
Free-cash
17 684
21 529
12 471
10 386

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
-₽19802
-₽14835
-₽12345
-₽31110
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
-
-
-
48 500
pensions
-
-
-
4 462
city
-
-
-
511
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.

-
-
-
970
health
-
-
-
174
regional
-
-
-
1 261
national
-
-
-
178
total
-
-
-
7 556
Employee
62 361
-
43 411
-
health
141
-
97
-
unemployment
-
-
-
-
city
669
-
467
-
pensions
5 239
-
3 646
-
regional
2 042
-
1 076
-
national
295
-
149
-
total
8 386
-
5 435
-
Employer
62 361
-
43 411
-
health
141
-
97
-
pensions
5 239
-
3 646
-
unemployment
-
-
-
-
other

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

1 247
-
868
-
total
6 627
-
4 611
-
Corporate
-
48 500
-
-
regional
-
10 258
-
-
national
-
4 122
-
-
total
-
14 380
-
-
Dividends
-
34 120
-
-
withholding
-
11 941
-
-
total
-
11 941
-
-
Income
48 500
48 500
48 500
48 500
Total tax
15 013
26 321
10 046
7 556
After tax
33 487
22 179
38 454
40 944
Living cost
53 289
53 289
53 289
53 289
Free-cash
-19 802
-31 110
-14 835
-12 345

Estimated living cost  is ₽53289 per week

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

Additional information

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

Helsinki , Finland
-₽510
-₽296
₽7032
₽3299
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

-
-
-
48 500
municipal
-
-
-
8 655
health
-
-
-
419
national
-
-
-
2 307
total
-
-
-
11 381
Employee
41 230
-
40 802
-
health
308
-
302
-
unemployment
619
-
613
-
pensions
2 782
-
2 754
-
national
681
-
657
-
municipal
6 753
-
6 685
-
total
11 143
-
11 011
-
Employer
41 230
-
40 802
-
health
317
-
314
-
pensions
7 153
-
7 079
-
accident
42
-
40
-
unemployment
268
-
265
-
total
7 780
-
7 698
-
Corporate
-
48 500
-
-
income
-
9 701
-
-
total
-
9 701
-
-
Dividends

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

-
29 099
-
-
municipal
-
5 238
-
-
national
-
175
-
-
total
-
5 413
-
-
Income
48 500
48 500
48 500
48 500
Total tax
18 923
15 114
18 709
11 381
After tax
29 577
33 386
29 791
37 119
Living cost
30 087
30 087
30 087
30 087
Free-cash
-510
3 299
-296
7 032

Estimated living cost  is ₽30087 per week

₽19653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
-₽23875
-₽7984
-₽3031
-₽1264
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
-
-
-
48 500
communal

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

-
-
-
2 553
social contributions
-
-
-
5 953
national
-
-
-
14 451
total
-
-
-
22 957
Employee

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

56 056
-
37 563
-
health

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

2 634
-
1 765
-
communal

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

2 924
-
1 959
-
unemployment

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

488
-
327
-
pensions

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

4 204
-
2 817
-
national
17 234
-
10 106
-
total
27 484
-
16 974
-
Employer

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

56 056
-
37 563
-
health

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

3 447
-
2 311
-
pensions

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

4 967
-
3 328
-
surtax
6 356
-
4 259
-
accident

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

729
-
489
-
unemployment

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

818
-
549
-
total
16 317
-
10 936
-
Corporate
-
48 500
-
-
income
-
9 701
-
-
surtax
-
193
-
-
total
-
9 894
-
-
Dividends
-
38 606
-
-
withholding

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

-
11 296
-
-
total
-
11 296
-
-
Income
48 500
48 500
48 500
48 500
Total tax
43 801
21 190
27 910
22 957
After tax
4 699
27 310
20 590
25 543
Living cost
28 574
28 574
28 574
28 574
Free-cash
-23 875
-1 264
-7 984
-3 031

Estimated living cost  is ₽28574 per week

₽18405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
-₽15193
-₽8112
-₽9836
-₽7532
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
-
-
-
48 500
unemployment
-
-
-
48
municipal
-
-
-
10 273
other
-
-
-
5 636
health
-
-
-
3 026
national
-
-
-
-
accident
-
-
-
97
pensions
-
-
-
5 243
total
-
-
-
24 323
Employee
48 465
-
36 904
-
national
-
-
-
-
municipal
14 452
-
11 005
-
total
14 452
-
11 005
-
Employer
48 465
-
36 904
-
health
2 981
-
2 270
-
pensions
5 239
-
3 989
-
accident
97
-
74
-
unemployment
1 279
-
974
-
other
5 632
-
4 288
-
total
15 228
-
11 595
-
Corporate
-
48 500
-
-
income
-
10 670
-
-
total
-
10 670
-
-
Dividends
-
37 830
-
-
withholding
-
11 349
-
-
total
-
11 349
-
-
Income
48 500
48 500
48 500
48 500
Total tax
29 680
22 019
22 600
24 323
After tax
18 820
26 481
25 900
24 177
Living cost
34 013
34 013
34 013
34 013
Free-cash
-15 193
-7 532
-8 112
-9 836

Estimated living cost  is ₽34013 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽82388
-₽926
-₽4360
-₽8370
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
-
-
-
48 500
income
-
-
-
9 454
social contributions
-
-
-
5 529
total
-
-
-
14 983
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
-
48 500
-
-
income
-
10 670
-
-
total
-
10 670
-
-
Dividends
-
37 830
-
-
income
-
8 323
-
-
total
-
8 323
-
-
Income
48 500
48 500
48 500
48 500
Total tax
93 011
18 993
11 549
14 983
After tax
-44 511
29 507
36 951
33 517
Living cost
37 877
37 877
37 877
37 877
Free-cash
-82 388
-8 370
-926
-4 360

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽7005
₽8146
₽12138
₽5362
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
-
-
-
48 500
income
-
-
-
2 140
health
-
-
-
1 237
social contributions
-
-
-
7 567
total
-
-
-
10 944
Employee
60 260
60 260
60 260
-
health
599
1 025
748
-
income
6 328
5 578
6 065
-
social contributions
2 928
5 001
3 654
-
total
9 855
11 604
10 467
-
Employer
60 260
60 260
60 260
-
health
653
1 115
815
-
social contributions
2 928
5 001
3 654
-
total
3 581
6 116
4 469
-
Corporate
9 645
-
-
-
income
1 206
-
-
-
total
1 206
-
-
-
Dividends
8 439
-
-
-
withholding
1 435
-
-
-
total
1 435
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 077
17 720
14 936
10 944
After tax
32 423
30 780
33 564
37 556
Living cost
25 418
25 418
25 418
25 418
Free-cash
7 005
5 362
8 146
12 138

Estimated living cost  is ₽25418 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5630
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
₽3928
₽3118
₽8184
₽8203
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
-
-
-
48 500
income
-
-
-
9 080
pensions
-
-
-
3 100
total
-
-
-
12 180
Employee
38 621
-
43 152
-
health
504
-
597
-
pensions
2 948
-
3 492
-
income
7 033
-
7 812
-
total
10 485
-
11 901
-
Employer
38 621
-
43 152
-
health
734
-
819
-
pensions
3 902
-
4 526
-
total
4 636
-
5 345
-
Corporate
5 243
48 500
-
-
income

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

996
9 215
-
-
total
996
9 215
-
-
Dividends
4 248
39 285
-
-
withholding
319
2 946
-
-
total
319
2 946
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 436
12 161
17 246
12 180
After tax
32 064
36 339
31 254
36 320
Living cost
28 136
28 136
28 136
28 136
Free-cash
3 928
8 203
3 118
8 184

Estimated living cost  is ₽28136 per week

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

Additional information

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

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

Rome , Italy
-₽17537
-₽7805
-₽5113
-₽5673
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
-
-
-
48 500
municipal
-
-
-
324
regional
-
-
-
761
social contributions
-
-
-
12 474
national
-
-
-
8 835
total
-
-
-
22 394
Employee
66 037
-
48 500
-
social contributions
22 267
-
16 354
-
regional
997
-
655
-
national
11 160
-
7 787
-
municipal
394
-
290
-
total
34 818
-
25 086
-
Employer
66 037
-
48 500
-
total
-
-
-
-
Corporate
-
48 500
-
-
nationa
-
11 640
-
-
municipal
-
2 338
-
-
total
-
13 978
-
-
Dividends
-
34 522
-
-
withholding
-
8 976
-
-
total
-
8 976
-
-
Income
48 500
48 500
48 500
48 500
Total tax
34 818
22 954
25 086
22 394
After tax
13 682
25 546
23 414
26 106
Living cost
31 219
31 219
31 219
31 219
Free-cash
-17 537
-5 673
-7 805
-5 113

Estimated living cost  is ₽31219 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽1360
₽8523
₽16726
-₽12809
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
-
-
-
48 500
pensions
-
-
-
3 165
income
-
-
-
9 739
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
15 037
Employee
26 328
-
40 289
-
health
3 015
-
4 613
-
pensions
2 965
-
4 537
-
income
3 612
-
5 879
-
total
9 592
-
15 029
-
Employer
26 328
-
40 289
-
pensions
4 281
-
6 551
-
accident
440
-
673
-
unemployment
645
-
987
-
total
5 366
-
8 211
-
Corporate
16 807
48 500
-
-
income

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

15 126
43 650
-
-
total
15 126
43 650
-
-
Dividends
1 681
4 850
-
-
withholding
319
922
-
-
total
319
922
-
-
Income
48 500
48 500
48 500
48 500
Total tax
30 403
44 572
23 240
15 037
After tax
18 097
3 928
25 260
33 463
Living cost
16 737
16 737
16 737
16 737
Free-cash
1 360
-12 809
8 523
16 726

Estimated living cost  is ₽16737 per week

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

Additional information

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

Berlin , Germany
₽5104
₽6603
₽4872
-₽5147
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.

-
-
-
48 500
trade
-
-
-
1 731
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.

-
-
-
5 961
health

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

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

-
-
-
5 354
surtax

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

-
-
-
327
total
-
-
-
13 373
Employee

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

38 992
-
48 500
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
5 961
-
surtax

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

177
-
327
-
total
8 737
-
11 642
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 508
48 500
-
-
income
1 426
7 275
-
-
trade
1 364
6 960
-
-
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.

79
400
-
-
chamber of commerce
132
190
-
-
total
3 001
14 825
-
-
Dividends
6 507
33 675
-
-
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.

73
446
-
-
withholding
1 330
8 121
-
-
total
1 403
8 567
-
-
Income
48 500
48 500
48 500
48 500
Total tax
13 141
23 392
11 642
13 373
After tax
35 359
25 108
36 858
35 127
Living cost
30 255
30 255
30 255
30 255
Free-cash
5 104
-5 147
6 603
4 872

Estimated living cost  is ₽30255 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽16068
₽11374
₽22454
₽22495
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.

-
-
-
48 500
income
-
-
-
-
microenterprise
-
-
-
7 275
social contributions

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

-
-
-
2 467
surtax
-
-
-
-
total
-
-
-
9 742
Employee
22 899
-
39 085
-
income
4 076
-
7 108
-
social contributions

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

2 519
-
4 299
-
surtax
-
-
-
-
total
6 595
-
11 407
-
Employer
22 899
-
39 085
-
social contributions

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

5 516
-
9 415
-
surtax
-
-
-
-
total
5 516
-
9 415
-
Corporate
20 085
48 500
-
-
income

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

4 017
9 701
-
-
total
4 017
9 701
-
-
Dividends

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

16 068
38 799
-
-
total
-
-
-
-
Income
48 500
48 500
48 500
48 500
Total tax
16 128
9 701
20 822
9 742
After tax
32 372
38 799
27 678
38 758
Living cost
16 304
16 304
16 304
16 304
Free-cash
16 068
22 495
11 374
22 454

Estimated living cost  is ₽16304 per week

₽10401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽18920
₽15367
₽16061
₽20521
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
-
-
-
48 500
income
-
-
-
10 437
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
22 696
Employee
14 840
-
40 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
10 064
-
total
5 097
-
15 394
-
Employer
14 840
-
40 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
30 321
48 500
-
-
income
6 671
10 670
-
-
total
6 671
10 670
-
-
Dividends
23 651
37 830
-
-
withholding
4 730
7 566
-
-
total
4 730
7 566
-
-
Income
48 500
48 500
48 500
48 500
Total tax
19 837
18 236
23 390
22 696
After tax
28 663
30 264
25 110
25 804
Living cost
9 743
9 743
9 743
9 743
Free-cash
18 920
20 521
15 367
16 061

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽10411
₽8467
₽9516
₽12904
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
-
-
-
48 500
pensions
-
-
-
9 701
unemployment
-
-
-
178
income
-
-
-
7 525
other
-
-
-
-
health
-
-
-
3 444
surtax
-
-
-
534
total
-
-
-
21 382
Employee
26 391
-
40 066
-
health
674
-
1 022
-
unemployment
1 837
-
2 788
-
pensions
1 761
-
2 672
-
income
4 424
-
7 063
-
other
-
-
-
-
surtax
94
-
454
-
total
8 790
-
13 999
-
Employer
26 391
-
40 066
-
health
1 200
-
1 822
-
pensions
3 519
-
5 340
-
unemployment
837
-
1 270
-
other
-
-
-
-
total
5 556
-
8 432
-
Corporate
16 553
48 500
-
-
income
4 304
12 610
-
-
total
4 304
12 610
-
-
Dividends
12 249
35 890
-
-
withholding
1 837
5 384
-
-
total
1 837
5 384
-
-
Income
48 500
48 500
48 500
48 500
Total tax
20 487
17 994
22 431
21 382
After tax
28 013
30 506
26 069
27 118
Living cost
17 602
17 602
17 602
17 602
Free-cash
10 411
12 904
8 467
9 516

Estimated living cost  is ₽17602 per week

₽10627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽2384
-₽6857
₽1730
₽2771
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
-
-
-
48 500
pensions
-
-
-
8 972
chamber of commerce
-
-
-
193
unemployment
-
-
-
4 806