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
₽ 49500
per

Your estimated
City
free-cash

Valencia , Spain
₽3908
₽3557
₽9737
₽5148
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
-
-
-
49 500
income
-
-
-
7 395
accident
-
-
-
445
unemployment
-
-
-
347
pensions
-
-
-
14 009
other
-
-
-
49
total
-
-
-
22 245
Employee
31 866
-
37 534
-
other
31
-
38
-
income
6 143
-
7 545
-
unemployment
494
-
582
-
pensions
1 498
-
1 765
-
total
8 166
-
9 930
-
Employer
31 866
-
37 534
-
unemployment
1 753
-
2 064
-
pensions
7 520
-
8 857
-
other
255
-
301
-
accident
631
-
742
-
total
10 159
-
11 964
-
Corporate
7 475
49 500
-
-
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.

1 122
7 425
-
-
total
1 122
7 425
-
-
Dividends
6 353
42 075
-
-
withholding
1 207
8 640
-
-
total
1 207
8 640
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 654
16 065
21 894
22 245
After tax
28 846
33 435
27 606
27 255
Living cost
23 698
23 698
23 698
23 698
Free-cash
5 148
9 737
3 908
3 557

Estimated living cost  is ₽23698 per week

₽15996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5009
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
₽6051
₽3840
₽13404
₽7585
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
-
-
-
49 500
income
-
-
-
6 287
health
-
-
-
2 178
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.

-
-
-
11 880
other
-
-
-
2 352
total
-
-
-
22 697
Employee
31 291
-
39 539
-
income
5 387
-
6 807
-
health
438
-
553
-
unemployment
312
-
396
-
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.

2 190
-
2 767
-
total
8 327
-
10 523
-
Employer
31 291
-
39 539
-
unemployment
312
-
396
-
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.

5 320
-
6 722
-
other
1 565
-
1 976
-
accident
250
-
316
-
health
438
-
553
-
total
7 885
-
9 963
-
Corporate
10 323
49 500
-
-
income
2 169
10 395
-
-
total
2 169
10 395
-
-
Dividends
8 155
39 105
-
-
withholding
571
2 738
-
-
total
571
2 738
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 952
13 133
20 486
22 697
After tax
30 548
36 367
29 014
26 803
Living cost
22 963
22 963
22 963
22 963
Free-cash
7 585
13 404
6 051
3 840

Estimated living cost  is ₽22963 per week

₽16225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1550
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.
₽4818
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
₽23584
₽22745
₽31027
₽27026
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
-
-
-
49 500
income
-
-
-
7 425
health
-
-
-
3 461
unemployment
-
-
-
120
pensions

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

-
-
-
4 454
total
-
-
-
15 460
Employee
14 956
-
43 596
-
income
1 495
-
4 360
-
health
688
-
1 384
-
accident

We are using the highest rate at 1.1%.

165
-
331
-
pensions

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

1 313
-
2 642
-
total
3 661
-
8 717
-
Employer
14 956
-
43 596
-
unemployment
89
-
181
-
pensions

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

1 648
-
3 316
-
accident

We are using the highest rate at 1.1%.

165
-
331
-
health
1 032
-
2 076
-
total
2 934
-
5 904
-
Corporate
31 609
49 500
-
-
income
3 161
4 950
-
-
total
3 161
4 950
-
-
Dividends
28 448
44 550
-
-
withholding
1 423
2 228
-
-
total
1 423
2 228
-
-
Income
49 500
49 500
49 500
49 500
Total tax
11 179
7 178
14 621
15 460
After tax
38 321
42 322
34 879
34 040
Living cost
11 295
11 295
11 295
11 295
Free-cash
27 026
31 027
23 584
22 745

Estimated living cost  is ₽11295 per week

₽6594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽299
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.
₽3595
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
₽618
₽180
-₽4536
₽557
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
-
-
-
49 500
income
-
-
-
2 216
social contributions
-
-
-
1 411
health
-
-
-
428
surtax
-
-
-
-
pensions
-
-
-
14 246
other
-
-
-
1 534
total
-
-
-
19 835
Employee
36 883
-
37 718
-
income
2 177
-
2 278
-
social contributions
1 052
-
1 074
-
surtax
-
-
-
-
pensions
4 170
-
4 265
-
total
7 399
-
7 617
-
Employer
36 883
-
37 718
-
unemployment
1 493
-
1 527
-
social contributions
111
-
113
-
pensions
6 059
-
6 198
-
other
1 272
-
1 302
-
health
2 582
-
2 640
-
total
11 517
-
11 780
-
Corporate
1 098
49 500
-
-
income
307
13 860
-
-
surtax
-
-
-
-
total
307
13 860
-
-
Dividends
791
35 640
-
-
withholding
101
4 561
-
-
surtax
-
-
-
-
social contributions
134
6 130
-
-
total
235
10 691
-
-
Income
49 500
49 500
49 500
49 500
Total tax
19 458
24 551
19 397
19 835
After tax
30 042
24 949
30 103
29 665
Living cost
29 485
29 485
29 485
29 485
Free-cash
557
-4 536
618
180

Estimated living cost  is ₽29485 per week

₽18591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
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.
₽7996
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
-₽36078
-₽7800
-₽31240
-₽36078
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
-
-
-
49 500
income
-
-
-
4 690
health
-
-
-
7 598
pensions
-
-
-
8 910
total
-
-
-
21 198
Employee
73 594
73 594
73 594
-
income

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

12 046
12 046
12 046
-
health
11 296
9 608
11 296
-
pensions
13 247
10 097
13 247
-
total
36 589
31 751
36 589
-
Employer
73 594
73 594
73 594
-
unemployment
2 649
2 649
2 649
-
pensions
5 122
5 122
5 122
-
health
5 116
5 116
5 116
-
total
12 887
12 887
12 887
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
49 476
44 638
49 476
21 198
After tax
24
4 862
24
28 302
Living cost
36 102
36 102
36 102
36 102
Free-cash
-36 078
-31 240
-36 078
-7 800

Estimated living cost  is ₽36102 per week

₽25584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
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.
₽6689
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
₽11799
₽10314
-₽969
₽8561
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.

-
-
-
49 500
income

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

-
-
-
5 412
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.

-
-
-
5 888
trade
-
-
-
1 485
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.

-
-
-
298
total
-
-
-
13 083
Employee

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

32 962
-
49 500
-
income

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

921
-
5 412
-
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.

5 888
-
5 888
-
surtax

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

51
-
298
-
total
6 860
-
11 598
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 538
49 500
-
-
chamber of commerce
155
201
-
-
income
2 481
7 425
-
-
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.

136
409
-
-
trade
2 605
7 796
-
-
total
5 377
15 831
-
-
Dividends
11 161
33 669
-
-
withholding
2 463
8 090
-
-
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.

136
445
-
-
total
2 599
8 535
-
-
Income
49 500
49 500
49 500
49 500
Total tax
14 836
24 366
11 598
13 083
After tax
34 664
25 134
37 902
36 417
Living cost
26 103
26 103
26 103
26 103
Free-cash
8 561
-969
11 799
10 314

Estimated living cost  is ₽26103 per week

₽16420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3044
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.
₽6152
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
₽13718
₽18837
₽10059
₽11802
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
-
-
-
49 500
income
-
-
-
1 725
social contributions
-
-
-
7 722
health
-
-
-
1 263
total
-
-
-
10 710
Employee
66 268
66 268
66 268
-
income
7 215
6 134
6 774
-
social contributions
2 505
5 500
3 730
-
health
514
1 127
764
-
total
10 234
12 761
11 268
-
Employer
66 268
66 268
66 268
-
social contributions
2 505
5 500
3 730
-
health
558
1 227
831
-
total
3 063
6 727
4 561
-
Corporate
16 250
-
-
-
income
2 031
-
-
-
total
2 031
-
-
-
Dividends
14 218
-
-
-
withholding
2 417
-
-
-
total
2 417
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 745
19 488
15 829
10 710
After tax
31 755
30 012
33 671
38 790
Living cost
19 953
19 953
19 953
19 953
Free-cash
11 802
10 059
13 718
18 837

Estimated living cost  is ₽19953 per week

₽11958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5596
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
₽210
₽1536
₽1124
₽256
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.

-
-
-
49 500
income
-
-
-
3 731
social contributions

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

-
-
-
17 201
surtax
-
-
-
-
total
-
-
-
20 932
Employee
39 636
-
40 000
-
income
8 244
-
8 359
-
social contributions
4 360
-
4 399
-
surtax
-
-
-
-
total
12 604
-
12 758
-
Employer
39 636
-
40 000
-
social contributions
9 413
-
9 500
-
total
9 413
-
9 500
-
Corporate
451
49 500
-
-
income
95
10 395
-
-
surtax
-
-
-
-
total
95
10 395
-
-
Dividends
356
39 105
-
-
withholding
100
10 949
-
-
total
100
10 949
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 212
21 344
22 258
20 932
After tax
27 288
28 156
27 242
28 568
Living cost
27 032
27 032
27 032
27 032
Free-cash
256
1 124
210
1 536

Estimated living cost  is ₽27032 per week

₽20225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽4761
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
₽33415
₽42820
₽40840
₽39681
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%.

-
-
-
49 500
microenterprise

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

-
-
-
495
total
-
-
-
495
Employee
7 731
-
49 500
-
income
1 546
-
9 900
-
total
1 546
-
9 900
-
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%.

41 769
49 500
-
-
total
-
-
-
-
Dividends
41 769
49 500
-
-
withholding
2 088
2 475
-
-
total
2 088
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
3 634
2 475
9 900
495
After tax
45 866
47 025
39 600
49 005
Living cost
6 185
6 185
6 185
6 185
Free-cash
39 681
40 840
33 415
42 820

Estimated living cost  is ₽6185 per week

₽3833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1668
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
₽2683
₽4102
₽10967
₽3757
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.

-
-
-
49 500
income
-
-
-
8 298
health
-
-
-
4 870
unemployment
-
-
-
74
pensions
-
-
-
9 041
total
-
-
-
22 283
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.

38 109
-
42 831
-
income
6 572
-
7 567
-
health
2 461
-
2 767
-
unemployment
54
-
61
-
pensions
5 907
-
6 638
-
total
14 994
-
17 033
-
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.

38 109
-
42 831
-
unemployment
23
-
26
-
pensions
3 372
-
3 791
-
health
2 538
-
2 852
-
total
5 933
-
6 669
-
Corporate
5 458
49 500
-
-
income
1 037
9 405
-
-
total
1 037
9 405
-
-
Dividends
4 421
40 095
-
-
withholding
664
6 013
-
-
total
664
6 013
-
-
Income
49 500
49 500
49 500
49 500
Total tax
22 628
15 418
23 702
22 283
After tax
26 872
34 082
25 798
27 217
Living cost
23 115
23 115
23 115
23 115
Free-cash
3 757
10 967
2 683
4 102

Estimated living cost  is ₽23115 per week

₽15864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1482
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.
₽5323
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
₽4500
-₽11932
-₽3662
₽1330
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.

-
-
-
49 500
income
-
-
-
24 531
health

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

-
-
-
5 618
total
-
-
-
30 149
Employee
39 534
-
45 536
-
social contributions
3 961
-
3 964
-
income
4 290
-
5 789
-
total
8 251
-
9 753
-
Employer
39 534
-
45 536
-
social contributions
3 961
-
3 964
-
total
3 961
-
3 964
-
Corporate
6 005
49 500
-
-
income
2 102
17 326
-
-
total
2 102
17 326
-
-
Dividends
3 903
32 174
-
-
social contributions
2 573
4 553
-
-
total
2 573
4 553
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 887
21 879
13 717
30 149
After tax
32 613
27 621
35 783
19 351
Living cost
31 283
31 283
31 283
31 283
Free-cash
1 330
-3 662
4 500
-11 932

Estimated living cost  is ₽31283 per week

₽20606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
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.
₽7731
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
₽11401
₽13514
₽11927
₽12373
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
-
-
-
49 500
income
-
-
-
7 425
social contributions
-
-
-
6 831
health
-
-
-
3 456
total
-
-
-
17 712
Employee
29 220
-
49 500
-
income
4 874
-
9 538
-
social contributions
4 033
-
6 831
-
health
2 039
-
3 456
-
total
10 946
-
19 825
-
Employer
29 220
-
49 500
-
total
-
-
-
-
Corporate
20 280
49 500
-
-
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%.

1 014
2 474
-
-
total
1 014
2 474
-
-
Dividends
19 266
47 026
-
-
withholding
2 890
7 054
-
-
health
1 344
3 282
-
-
social contributions
2 659
6 489
-
-
total
6 893
16 825
-
-
Income
49 500
49 500
49 500
49 500
Total tax
18 853
19 299
19 825
17 712
After tax
30 647
30 201
29 675
31 788
Living cost
18 274
18 274
18 274
18 274
Free-cash
12 373
11 927
11 401
13 514

Estimated living cost  is ₽18274 per week

₽12230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
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.
₽4496
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
₽1738
₽727
₽10700
₽2358
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
-
-
-
49 500
income
-
-
-
4 255
social contributions
-
-
-
14 454
solidarity contribution
-
-
-
-
health
-
-
-
6 683
total
-
-
-
25 392
Employee
34 384
-
36 940
-
solidarity contribution
-
-
-
-
income
4 126
-
4 433
-
social contributions
2 235
-
2 401
-
health
4 642
-
4 987
-
total
11 003
-
11 821
-
Employer
34 384
-
36 940
-
social contributions
8 596
-
9 235
-
health
3 095
-
3 325
-
total
11 691
-
12 560
-
Corporate
3 425
49 500
-
-
income
651
9 405
-
-
total
651
9 405
-
-
Dividends
2 774
40 095
-
-
withholding
416
6 014
-
-
total
416
6 014
-
-
Income
49 500
49 500
49 500
49 500
Total tax
23 761
15 419
24 381
25 392
After tax
25 739
34 081
25 119
24 108
Living cost
23 381
23 381
23 381
23 381
Free-cash
2 358
10 700
1 738
727

Estimated living cost  is ₽23381 per week

₽17388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
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.
₽4294
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
₽29962
₽39367
₽37387
₽35579
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%.

-
-
-
49 500
microenterprise

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

-
-
-
495
total
-
-
-
495
Employee
12 048
-
49 500
-
income
2 410
-
9 900
-
total
2 410
-
9 900
-
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%.

37 452
49 500
-
-
total
-
-
-
-
Dividends
37 452
49 500
-
-
withholding
1 873
2 475
-
-
total
1 873
2 475
-
-
Income
49 500
49 500
49 500
49 500
Total tax
4 283
2 475
9 900
495
After tax
45 217
47 025
39 600
49 005
Living cost
9 638
9 638
9 638
9 638
Free-cash
35 579
37 387
29 962
39 367

Estimated living cost  is ₽9638 per week

₽6522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2388
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
-₽11521
-₽11959
-₽16675
-₽21335
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
-
-
-
49 500
income
-
-
-
2 216
social contributions
-
-
-
1 411
health
-
-
-
428
surtax
-
-
-
-
pensions
-
-
-
14 246
other
-
-
-
1 534
total
-
-
-
19 835
Employee
53 976
-
37 718
-
income
4 710
-
2 278
-
social contributions
1 537
-
1 074
-
surtax
-
-
-
-
pensions
6 105
-
4 265
-
total
12 352
-
7 617
-
Employer
53 976
-
37 718
-
unemployment
2 187
-
1 527
-
social contributions
162
-
113
-
pensions
8 869
-
6 198
-
other
1 863
-
1 302
-
health
3 778
-
2 640
-
total
16 859
-
11 780
-
Corporate
-
49 500
-
-
income
-
13 860
-
-
surtax
-
-
-
-
total
-
13 860
-
-
Dividends
-
35 640
-
-
withholding
-
4 561
-
-
surtax
-
-
-
-
social contributions
-
6 130
-
-
total
-
10 691
-
-
Income
49 500
49 500
49 500
49 500
Total tax
29 211
24 551
19 397
19 835
After tax
20 289
24 949
30 103
29 665
Living cost
41 624
41 624
41 624
41 624
Free-cash
-21 335
-16 675
-11 521
-11 959

Estimated living cost  is ₽41624 per week

₽28170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
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.
₽9477
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
₽11757
₽9627
₽20900
₽16671
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.

-
-
-
49 500
income
-
-
-
6 298
health
-
-
-
5 098
unemployment
-
-
-
743
pensions
-
-
-
12 870
total
-
-
-
25 009
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.

22 414
-
41 985
-
income
3 090
-
7 009
-
health
1 154
-
2 162
-
unemployment
168
-
315
-
pensions
3 138
-
5 878
-
total
7 550
-
15 364
-
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.

22 414
-
41 985
-
unemployment
168
-
315
-
pensions
2 690
-
5 038
-
health
1 154
-
2 162
-
total
4 012
-
7 515
-
Corporate
23 074
49 500
-
-
income
3 461
7 425
-
-
total
3 461
7 425
-
-
Dividends
19 613
42 075
-
-
withholding
2 942
6 311
-
-
total
2 942
6 311
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 965
13 736
22 879
25 009
After tax
31 535
35 764
26 621
24 491
Living cost
14 864
14 864
14 864
14 864
Free-cash
16 671
20 900
11 757
9 627

Estimated living cost  is ₽14864 per week

₽10008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3276
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
-₽20813
-₽18287
-₽37536
-₽27625
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
-
-
-
49 500
regional
-
-
-
1 190
national
-
-
-
164
health
-
-
-
196
city
-
-
-
521
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.

-
-
-
991
pensions
-
-
-
4 553
total
-
-
-
7 615
Employee
70 417
-
44 306
-
regional
2 306
-
1 001
-
city
756
-
476
-
health
159
-
100
-
unemployment
-
-
-
-
national
333
-
136
-
pensions
5 916
-
3 721
-
total
9 470
-
5 434
-
Employer
70 417
-
44 306
-
unemployment
-
-
-
-
pensions
5 916
-
3 721
-
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.

1 408
-
886
-
health
159
-
100
-
total
7 483
-
4 707
-
Corporate
-
49 500
-
-
regional
-
10 469
-
-
national
-
4 208
-
-
total
-
14 677
-
-
Dividends
-
34 823
-
-
withholding
-
12 187
-
-
total
-
12 187
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 953
26 864
10 141
7 615
After tax
32 547
22 636
39 359
41 885
Living cost
60 172
60 172
60 172
60 172
Free-cash
-27 625
-37 536
-20 813
-18 287

Estimated living cost  is ₽60172 per week

₽39129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽739
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.
₽14904
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
-₽2536
₽5287
₽1110
-₽4395
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

-
-
-
49 500
municipal
-
-
-
8 838
national
-
-
-
1 886
health
-
-
-
402
total
-
-
-
11 126
Employee
45 341
-
41 642
-
health
339
-
281
-
unemployment
680
-
625
-
national
749
-
548
-
municipal
7 426
-
6 826
-
pensions
3 060
-
2 811
-
total
12 254
-
11 091
-
Employer
45 341
-
41 642
-
unemployment
294
-
271
-
pensions
7 866
-
7 225
-
accident
46
-
41
-
health
348
-
321
-
total
8 554
-
7 858
-
Corporate
-
49 500
-
-
income
-
9 901
-
-
total
-
9 901
-
-
Dividends

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

-
29 699
-
-
national
-
56
-
-
municipal
-
5 346
-
-
total
-
5 402
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 808
15 303
18 949
11 126
After tax
28 692
34 197
30 551
38 374
Living cost
33 087
33 087
33 087
33 087
Free-cash
-4 395
1 110
-2 536
5 287

Estimated living cost  is ₽33087 per week

₽21612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3183
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.
₽7767
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
-₽10173
-₽4817
-₽3528
-₽30087
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
-
-
-
49 500
national
-
-
-
14 528
social contributions
-
-
-
5 742
communal

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

-
-
-
2 625
total
-
-
-
22 895
Employee

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

61 645
-
38 342
-
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.

2 896
-
1 802
-
communal

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

3 215
-
2 000
-
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.

536
-
334
-
national
18 952
-
10 082
-
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.

4 623
-
2 875
-
total
30 222
-
17 093
-
Employer

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

61 645
-
38 342
-
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.

899
-
559
-
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.

5 462
-
3 397
-
surtax
6 990
-
4 347
-
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.

801
-
497
-
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.

3 791
-
2 358
-
total
17 943
-
11 158
-
Corporate
-
49 500
-
-
income
-
9 901
-
-
surtax
-
198
-
-
total
-
10 099
-
-
Dividends
-
39 401
-
-
withholding

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

-
11 507
-
-
total
-
11 507
-
-
Income
49 500
49 500
49 500
49 500
Total tax
48 165
21 606
28 251
22 895
After tax
1 335
27 894
21 249
26 605
Living cost
31 422
31 422
31 422
31 422
Free-cash
-30 087
-3 528
-10 173
-4 817

Estimated living cost  is ₽31422 per week

₽20240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽7943
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
-₽8895
-₽10654
-₽8302
-₽16659
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
-
-
-
49 500
municipal
-
-
-
10 485
national
-
-
-
-
health
-
-
-
3 089
accident
-
-
-
99
unemployment
-
-
-
49
pensions
-
-
-
5 351
other
-
-
-
5 752
total
-
-
-
24 825
Employee
50 341
-
37 665
-
national
-
-
-
-
municipal
15 012
-
11 232
-
total
15 012
-
11 232
-
Employer
50 341
-
37 665
-
unemployment
1 329
-
994
-
pensions
5 442
-
4 072
-
other
5 850
-
4 377
-
accident
101
-
75
-
health
3 096
-
2 316
-
total
15 818
-
11 834
-
Corporate
-
49 500
-
-
income
-
10 890
-
-
total
-
10 890
-
-
Dividends
-
38 610
-
-
withholding
-
11 583
-
-
total
-
11 583
-
-
Income
49 500
49 500
49 500
49 500
Total tax
30 830
22 473
23 066
24 825
After tax
18 670
27 027
26 434
24 675
Living cost
35 329
35 329
35 329
35 329
Free-cash
-16 659
-8 302
-8 895
-10 654

Estimated living cost  is ₽35329 per week

₽23415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽7911
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
-₽1252
-₽4686
-₽8778
-₽84901
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
-
-
-
49 500
income
-
-
-
9 649
social contributions
-
-
-
5 643
total
-
-
-
15 292
Employee
55 768
-
-
-
income
12 301
-
-
-
social contributions
4 573
-
652
-
total
16 874
-
652
-
Employer
55 768
-
-
-
social contributions
78 633
-
11 206
-
total
78 633
-
11 206
-
Corporate
-
49 500
-
-
income
-
10 890
-
-
total
-
10 890
-
-
Dividends
-
38 610
-
-
income
-
8 494
-
-
total
-
8 494
-
-
Income
49 500
49 500
49 500
49 500
Total tax
95 507
19 384
11 858
15 292
After tax
-46 007
30 116
37 642
34 208
Living cost
38 894
38 894
38 894
38 894
Free-cash
-84 901
-8 778
-1 252
-4 686

Estimated living cost  is ₽38894 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
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.
₽9504
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
₽5719
₽10838
₽2060
₽4918
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
-
-
-
49 500
income
-
-
-
1 725
social contributions
-
-
-
7 722
health
-
-
-
1 263
total
-
-
-
10 710
Employee
66 268
66 268
66 268
-
income
6 959
6 134
6 774
-
social contributions
3 220
5 500
3 730
-
health
659
1 127
764
-
total
10 838
12 761
11 268
-
Employer
66 268
66 268
66 268
-
social contributions
3 220
5 500
3 730
-
health
718
1 227
831
-
total
3 938
6 727
4 561
-
Corporate
6 772
-
-
-
income
847
-
-
-
total
847
-
-
-
Dividends
5 925
-
-
-
withholding
1 007
-
-
-
total
1 007
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 630
19 488
15 829
10 710
After tax
32 870
30 012
33 671
38 790
Living cost
27 952
27 952
27 952
27 952
Free-cash
4 918
2 060
5 719
10 838

Estimated living cost  is ₽27952 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6192
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
₽855
₽5901
₽5829
₽1081
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
-
-
-
49 500
income
-
-
-
9 289
pensions
-
-
-
3 051
total
-
-
-
12 340
Employee
42 907
-
44 155
-
income
7 814
-
8 029
-
health
560
-
586
-
pensions
3 275
-
3 425
-
total
11 649
-
12 040
-
Employer
42 907
-
44 155
-
pensions
4 335
-
4 506
-
health
815
-
840
-
total
5 150
-
5 346
-
Corporate
1 442
49 500
-
-
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.

274
9 406
-
-
total
274
9 406
-
-
Dividends
1 168
40 094
-
-
withholding
87
3 006
-
-
total
87
3 006
-
-
Income
49 500
49 500
49 500
49 500
Total tax
17 160
12 412
17 386
12 340
After tax
32 340
37 088
32 114
37 160
Living cost
31 259
31 259
31 259
31 259
Free-cash
1 081
5 829
855
5 901

Estimated living cost  is ₽31259 per week

₽21443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
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.
₽6548
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
-₽10347
-₽7598
-₽8260
-₽23120
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
-
-
-
49 500
municipal
-
-
-
330
regional
-
-
-
758
national
-
-
-
8 946
social contributions
-
-
-
12 732
total
-
-
-
22 766
Employee
72 620
-
49 500
-
regional
1 096
-
650
-
social contributions
24 487
-
16 691
-
national
12 272
-
7 878
-
municipal
433
-
296
-
total
38 288
-
25 515
-
Employer
72 620
-
49 500
-
total
-
-
-
-
Corporate
-
49 500
-
-
nationa
-
11 880
-
-
municipal
-
2 386
-
-
total
-
14 266
-
-
Dividends
-
35 234
-
-
withholding
-
9 162
-
-
total
-
9 162
-
-
Income
49 500
49 500
49 500
49 500
Total tax
38 288
23 428
25 515
22 766
After tax
11 212
26 072
23 985
26 734
Living cost
34 332
34 332
34 332
34 332
Free-cash
-23 120
-8 260
-10 347
-7 598

Estimated living cost  is ₽34332 per week

₽24116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
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.
₽7335
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
₽8166
₽16385
-₽13779
₽1281
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
-
-
-
49 500
income
-
-
-
9 695
health
-
-
-
1 763
accident
-
-
-
204
pensions
-
-
-
3 364
other
-
-
-
300
total
-
-
-
15 326
Employee
27 983
-
41 120
-
income
3 839
-
5 827
-
health
3 204
-
4 708
-
pensions
3 151
-
4 630
-
total
10 194
-
15 165
-
Employer
27 983
-
41 120
-
unemployment
686
-
1 007
-
pensions
4 550
-
6 686
-
accident
467
-
687
-
total
5 703
-
8 380
-
Corporate
15 814
49 500
-
-
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.

14 233
44 550
-
-
total
14 233
44 550
-
-
Dividends
1 581
4 950
-
-
withholding
300
940
-
-
total
300
940
-
-
Income
49 500
49 500
49 500
49 500
Total tax
30 430
45 490
23 545
15 326
After tax
19 070
4 010
25 955
34 174
Living cost
17 789
17 789
17 789
17 789
Free-cash
1 281
-13 779
8 166
16 385

Estimated living cost  is ₽17789 per week

₽13038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
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.
₽3395
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
₽4630
₽3276
-₽7629
₽3644
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.

-
-
-
49 500
income

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

-
-
-
5 412
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.

-
-
-
5 888
trade
-
-
-
1 354
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.

-
-
-
298
total
-
-
-
12 952
Employee

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

42 880
-
49 500
-
income

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

3 526
-
5 412
-
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.

5 888
-
5 888
-
surtax

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

195
-
298
-
total
9 609
-
11 598
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 620
49 500
-
-
chamber of commerce
141
203
-
-
income
993
7 425
-
-
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.

54
409
-
-
trade
950
7 103
-
-
total
2 138
15 140
-
-
Dividends
4 483
34 361
-
-
withholding
793
8 262
-
-
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.

44
455
-
-
total
837
8 717
-
-
Income
49 500
49 500
49 500
49 500
Total tax
12 584
23 857
11 598
12 952
After tax
36 916
25 643
37 902
36 548
Living cost
33 272
33 272
33 272
33 272
Free-cash
3 644
-7 629
4 630
3 276

Estimated living cost  is ₽33272 per week

₽22951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽6257
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
₽10389
₽21433
₽21670
₽14602
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.

-
-
-
49 500
microenterprise
-
-
-
7 425
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.

-
-
-
2 713
surtax
-
-
-
-
total
-
-
-
10 138
Employee
25 182
-
39 890
-
income
4 483
-
7 184
-
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.

2 770
-
4 388
-
surtax
-
-
-
-
total
7 253
-
11 572
-
Employer
25 182
-
39 890
-
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.

6 066
-
9 610
-
surtax
-
-
-
-
total
6 066
-
9 610
-
Corporate
18 252
49 500
-
-
income

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

3 650
9 901
-
-
total
3 650
9 901
-
-
Dividends

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

14 602
39 599
-
-
total
-
-
-
-
Income
49 500
49 500
49 500
49 500
Total tax
16 969
9 901
21 182
10 138
After tax
32 531
39 599
28 318
39 362
Living cost
17 929
17 929
17 929
17 929
Free-cash
14 602
21 670
10 389
21 433

Estimated living cost  is ₽17929 per week

₽11438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
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.
₽4376
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
₽13671
₽14323
₽19640
₽17791
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
-
-
-
49 500
income
-
-
-
9 777
health
-
-
-
5 948
pensions
-
-
-
8 204
total
-
-
-
23 929
Employee
17 132
-
40 408
-
income
3 314
-
9 428
-
health
857
-
2 020
-
unemployment
171
-
404
-
pensions
1 542
-
3 637
-
total
5 884
-
15 489
-
Employer
17 132
-
40 408
-
unemployment
343
-
808
-
pensions
1 885
-
4 445
-
health
1 628
-
3 839
-
total
3 856
-
9 092
-
Corporate
28 513
49 500
-
-
income
6 273
10 890
-
-
total
6 273
10 890
-
-
Dividends
22 240
38 610
-
-
withholding
4 448
7 722
-
-
total
4 448
7 722
-
-
Income
49 500
49 500
49 500
49 500
Total tax
20 461
18 612
24 581
23 929
After tax
29 039
30 888
24 919
25 571
Living cost
11 248
11 248
11 248
11 248
Free-cash
17 791
19 640
13 671
14 323

Estimated living cost  is ₽11248 per week

₽6684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽258
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.
₽3394
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
₽7555
₽8621
₽11777
₽9038
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
-
-
-
49 500
income
-
-
-
7 464
health
-
-
-
3 515
unemployment
-
-
-
196
surtax
-
-
-
446
pensions
-
-
-
9 901
other
-
-
-
-
total
-
-
-
21 522
Employee
29 022
-
40 891
-
other
-
-
-
-
income
4 865
-
6 996
-
health
741
-
1 043
-
unemployment
2 020
-
2 846
-
surtax
103
-
366
-
pensions
1 936
-
2 728
-
total
9 665
-
13 979
-
Employer
29 022
-
40 891
-
unemployment
921
-
1 297
-
pensions
3 869
-
5 451
-
other
-
-
-
-
health
1 320
-
1 861
-
total
6 110
-
8 609
-
Corporate
14 368
49 500
-
-
income
3 735
12 871
-
-
total
3 735
12 871
-
-
Dividends
10 633
36 629
-
-
withholding
1 595
5 495
-
-
total
1 595
5 495
-
-
Income
49 500
49 500
49 500
49 500
Total tax
21 105
18 366
22 588
21 522
After tax
28 395
31 134
26 912
27 978
Living cost
19 357
19 357
19 357
19 357
Free-cash
9 038
11 777
7 555
8 621

Estimated living cost  is ₽19357 per week

₽11687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
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
-₽8385
₽74
₽964
₽124
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
-
-
-
49 500
income
-
-
-
3 505
chamber of commerce
-
-
-
198
health
-
-
-
3 786
unemp