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
₽ 50000
per

Your estimated
City
free-cash

Valencia , Spain
₽3860
₽3505
₽9734
₽5074
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
-
-
-
50 000
income
-
-
-
7 456
accident
-
-
-
450
unemployment
-
-
-
350
pensions
-
-
-
14 149
other
-
-
-
50
total
-
-
-
22 455
Employee
32 324
-
37 911
-
other
32
-
38
-
income
6 232
-
7 607
-
unemployment
501
-
587
-
pensions
1 520
-
1 782
-
total
8 285
-
10 014
-
Employer
32 324
-
37 911
-
unemployment
1 778
-
2 085
-
pensions
7 628
-
8 947
-
other
259
-
304
-
accident
640
-
750
-
total
10 305
-
12 086
-
Corporate
7 370
50 000
-
-
income

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

1 105
7 500
-
-
total
1 105
7 500
-
-
Dividends
6 265
42 500
-
-
withholding
1 191
8 726
-
-
total
1 191
8 726
-
-
Income
50 000
50 000
50 000
50 000
Total tax
20 886
16 226
22 100
22 455
After tax
29 114
33 774
27 900
27 545
Living cost
24 040
24 040
24 040
24 040
Free-cash
5 074
9 734
3 860
3 505

Estimated living cost  is ₽24040 per week

₽16226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
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
₽6014
₽3780
₽13441
₽7535
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
-
-
-
50 000
income
-
-
-
6 351
health
-
-
-
2 200
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.

-
-
-
11 999
other
-
-
-
2 376
total
-
-
-
22 926
Employee
31 741
-
39 937
-
income
5 465
-
6 875
-
health
445
-
559
-
unemployment
317
-
400
-
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.

2 221
-
2 795
-
total
8 448
-
10 629
-
Employer
31 741
-
39 937
-
unemployment
317
-
400
-
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.

5 397
-
6 788
-
other
1 588
-
1 996
-
accident
254
-
320
-
health
445
-
559
-
total
8 001
-
10 063
-
Corporate
10 259
50 000
-
-
income
2 155
10 500
-
-
total
2 155
10 500
-
-
Dividends
8 104
39 500
-
-
withholding
567
2 765
-
-
total
567
2 765
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 171
13 265
20 692
22 926
After tax
30 829
36 735
29 308
27 074
Living cost
23 294
23 294
23 294
23 294
Free-cash
7 535
13 441
6 014
3 780

Estimated living cost  is ₽23294 per week

₽16459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4887
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
₽23748
₽22907
₽31301
₽27245
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
-
-
-
50 000
income
-
-
-
7 500
health
-
-
-
3 508
unemployment
-
-
-
122
pensions

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

-
-
-
4 514
total
-
-
-
15 644
Employee
15 160
-
44 016
-
income
1 516
-
4 401
-
health
697
-
1 403
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
pensions

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

1 331
-
2 678
-
total
3 711
-
8 818
-
Employer
15 160
-
44 016
-
unemployment
91
-
183
-
pensions

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

1 671
-
3 361
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 046
-
2 105
-
total
2 975
-
5 985
-
Corporate
31 866
50 000
-
-
income
3 186
5 000
-
-
total
3 186
5 000
-
-
Dividends
28 679
45 000
-
-
withholding
1 434
2 250
-
-
total
1 434
2 250
-
-
Income
50 000
50 000
50 000
50 000
Total tax
11 306
7 250
14 803
15 644
After tax
38 694
42 750
35 197
34 356
Living cost
11 449
11 449
11 449
11 449
Free-cash
27 245
31 301
23 748
22 907

Estimated living cost  is ₽11449 per week

₽6684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
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.
₽3644
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
₽505
₽58
-₽4711
₽455
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
-
-
-
50 000
income
-
-
-
2 228
social contributions
-
-
-
1 425
health
-
-
-
433
surtax
-
-
-
-
pensions
-
-
-
14 398
other
-
-
-
1 549
total
-
-
-
20 033
Employee
37 415
-
38 102
-
income
2 208
-
2 291
-
social contributions
1 067
-
1 087
-
surtax
-
-
-
-
pensions
4 230
-
4 310
-
total
7 505
-
7 688
-
Employer
37 415
-
38 102
-
unemployment
1 515
-
1 543
-
social contributions
113
-
114
-
pensions
6 146
-
6 259
-
other
1 291
-
1 314
-
health
2 620
-
2 668
-
total
11 685
-
11 898
-
Corporate
901
50 000
-
-
income
252
14 000
-
-
surtax
-
-
-
-
total
252
14 000
-
-
Dividends
649
36 000
-
-
withholding
83
4 609
-
-
surtax
-
-
-
-
social contributions
111
6 193
-
-
total
194
10 802
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 636
24 802
19 586
20 033
After tax
30 364
25 198
30 414
29 967
Living cost
29 909
29 909
29 909
29 909
Free-cash
455
-4 711
505
58

Estimated living cost  is ₽29909 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8111
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
-₽36811
-₽8030
-₽31903
-₽36811
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
-
-
-
50 000
income
-
-
-
4 734
health
-
-
-
7 674
pensions
-
-
-
9 000
total
-
-
-
21 408
Employee
74 653
74 653
74 653
-
income

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

12 220
12 220
12 220
-
health
11 458
9 746
11 458
-
pensions
13 438
10 242
13 438
-
total
37 116
32 208
37 116
-
Employer
74 653
74 653
74 653
-
unemployment
2 688
2 688
2 688
-
pensions
5 196
5 196
5 196
-
health
5 189
5 189
5 189
-
total
13 073
13 073
13 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
50 189
45 281
50 189
21 408
After tax
-189
4 719
-189
28 592
Living cost
36 622
36 622
36 622
36 622
Free-cash
-36 811
-31 903
-36 811
-8 030

Estimated living cost  is ₽36622 per week

₽25953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
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.
₽6785
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
₽11824
₽10351
-₽1091
₽8579
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.

-
-
-
50 000
income

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

-
-
-
5 426
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.

-
-
-
5 972
trade
-
-
-
1 473
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.

-
-
-
299
total
-
-
-
13 170
Employee

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

33 437
-
50 000
-
income

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

934
-
5 426
-
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.

5 972
-
5 972
-
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
-
299
-
total
6 957
-
11 697
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 563
50 000
-
-
chamber of commerce
156
204
-
-
income
2 485
7 500
-
-
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
413
-
-
trade
2 610
7 875
-
-
total
5 387
15 992
-
-
Dividends
11 177
34 008
-
-
withholding
2 462
8 170
-
-
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
450
-
-
total
2 598
8 620
-
-
Income
50 000
50 000
50 000
50 000
Total tax
14 942
24 612
11 697
13 170
After tax
35 058
25 388
38 303
36 830
Living cost
26 479
26 479
26 479
26 479
Free-cash
8 579
-1 091
11 824
10 351

Estimated living cost  is ₽26479 per week

₽16656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6241
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
₽13738
₽18969
₽9992
₽11816
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
-
-
-
50 000
income
-
-
-
1 715
social contributions
-
-
-
7 800
health
-
-
-
1 276
total
-
-
-
10 791
Employee
67 222
67 222
67 222
-
income
7 319
6 223
6 876
-
social contributions
2 542
5 579
3 768
-
health
521
1 143
771
-
total
10 382
12 945
11 415
-
Employer
67 222
67 222
67 222
-
social contributions
2 542
5 579
3 768
-
health
566
1 244
839
-
total
3 108
6 823
4 607
-
Corporate
16 271
-
-
-
income
2 034
-
-
-
total
2 034
-
-
-
Dividends
14 237
-
-
-
withholding
2 420
-
-
-
total
2 420
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 944
19 768
16 022
10 791
After tax
32 056
30 232
33 978
39 209
Living cost
20 240
20 240
20 240
20 240
Free-cash
11 816
9 992
13 738
18 969

Estimated living cost  is ₽20240 per week

₽12130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1986
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.
₽5677
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
₽116
₽1445
₽1019
₽138
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.

-
-
-
50 000
income
-
-
-
3 760
social contributions

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

-
-
-
17 374
surtax
-
-
-
-
total
-
-
-
21 134
Employee
40 207
-
40 405
-
income
8 363
-
8 424
-
social contributions
4 423
-
4 444
-
surtax
-
-
-
-
total
12 786
-
12 868
-
Employer
40 207
-
40 405
-
social contributions
9 549
-
9 595
-
total
9 549
-
9 595
-
Corporate
244
50 000
-
-
income
51
10 500
-
-
surtax
-
-
-
-
total
51
10 500
-
-
Dividends
193
39 500
-
-
withholding
55
11 060
-
-
total
55
11 060
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 441
21 560
22 463
21 134
After tax
27 559
28 440
27 537
28 866
Living cost
27 421
27 421
27 421
27 421
Free-cash
138
1 019
116
1 445

Estimated living cost  is ₽27421 per week

₽20516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4829
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
₽33711
₽43211
₽41211
₽40032
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%.

-
-
-
50 000
microenterprise

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

-
-
-
500
total
-
-
-
500
Employee
7 861
-
50 000
-
income
1 572
-
10 000
-
total
1 572
-
10 000
-
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%.

42 139
50 000
-
-
total
-
-
-
-
Dividends
42 139
50 000
-
-
withholding
2 107
2 500
-
-
total
2 107
2 500
-
-
Income
50 000
50 000
50 000
50 000
Total tax
3 679
2 500
10 000
500
After tax
46 321
47 500
40 000
49 500
Living cost
6 289
6 289
6 289
6 289
Free-cash
40 032
41 211
33 711
43 211

Estimated living cost  is ₽6289 per week

₽3897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1696
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
₽2617
₽4061
₽10978
₽3664
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.

-
-
-
50 000
income
-
-
-
8 366
health
-
-
-
4 919
unemployment
-
-
-
75
pensions
-
-
-
9 131
total
-
-
-
22 491
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.

38 658
-
43 263
-
income
6 666
-
7 635
-
health
2 497
-
2 795
-
unemployment
55
-
61
-
pensions
5 992
-
6 706
-
total
15 210
-
17 197
-
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.

38 658
-
43 263
-
unemployment
23
-
27
-
pensions
3 421
-
3 829
-
health
2 575
-
2 882
-
total
6 019
-
6 738
-
Corporate
5 324
50 000
-
-
income
1 012
9 499
-
-
total
1 012
9 499
-
-
Dividends
4 312
40 501
-
-
withholding
647
6 075
-
-
total
647
6 075
-
-
Income
50 000
50 000
50 000
50 000
Total tax
22 888
15 574
23 935
22 491
After tax
27 112
34 426
26 065
27 509
Living cost
23 448
23 448
23 448
23 448
Free-cash
3 664
10 978
2 617
4 061

Estimated living cost  is ₽23448 per week

₽16092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5400
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
₽4404
-₽12330
-₽3853
₽1212
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.

-
-
-
50 000
income
-
-
-
24 884
health

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

-
-
-
5 712
total
-
-
-
30 596
Employee
40 103
-
45 979
-
social contributions
4 018
-
4 021
-
income
4 351
-
5 820
-
total
8 369
-
9 841
-
Employer
40 103
-
45 979
-
social contributions
4 018
-
4 021
-
total
4 018
-
4 021
-
Corporate
5 879
50 000
-
-
income
2 057
17 500
-
-
total
2 057
17 500
-
-
Dividends
3 822
32 500
-
-
social contributions
2 610
4 619
-
-
total
2 610
4 619
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 054
22 119
13 862
30 596
After tax
32 946
27 881
36 138
19 404
Living cost
31 734
31 734
31 734
31 734
Free-cash
1 212
-3 853
4 404
-12 330

Estimated living cost  is ₽31734 per week

₽20903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽7842
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
₽11446
₽13573
₽11967
₽12419
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
-
-
-
50 000
income
-
-
-
7 500
social contributions
-
-
-
6 900
health
-
-
-
3 490
total
-
-
-
17 890
Employee
29 641
-
50 000
-
income
4 944
-
9 627
-
social contributions
4 091
-
6 900
-
health
2 069
-
3 490
-
total
11 104
-
20 017
-
Employer
29 641
-
50 000
-
total
-
-
-
-
Corporate
20 359
50 000
-
-
income

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

1 019
2 500
-
-
total
1 019
2 500
-
-
Dividends
19 341
47 500
-
-
withholding
2 902
7 125
-
-
health
1 350
3 316
-
-
social contributions
2 669
6 555
-
-
total
6 921
16 996
-
-
Income
50 000
50 000
50 000
50 000
Total tax
19 044
19 496
20 017
17 890
After tax
30 956
30 504
29 983
32 110
Living cost
18 537
18 537
18 537
18 537
Free-cash
12 419
11 967
11 446
13 573

Estimated living cost  is ₽18537 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
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.
₽4560
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
₽1731
₽709
₽10782
₽2348
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
-
-
-
50 000
income
-
-
-
4 298
social contributions
-
-
-
14 600
solidarity contribution
-
-
-
-
health
-
-
-
6 750
total
-
-
-
25 648
Employee
34 770
-
37 313
-
solidarity contribution
-
-
-
-
income
4 172
-
4 478
-
social contributions
2 260
-
2 425
-
health
4 694
-
5 037
-
total
11 126
-
11 940
-
Employer
34 770
-
37 313
-
social contributions
8 692
-
9 328
-
health
3 129
-
3 358
-
total
11 821
-
12 686
-
Corporate
3 409
50 000
-
-
income
648
9 500
-
-
total
648
9 500
-
-
Dividends
2 761
40 500
-
-
withholding
414
6 075
-
-
total
414
6 075
-
-
Income
50 000
50 000
50 000
50 000
Total tax
24 009
15 575
24 626
25 648
After tax
25 991
34 425
25 374
24 352
Living cost
23 643
23 643
23 643
23 643
Free-cash
2 348
10 782
1 731
709

Estimated living cost  is ₽23643 per week

₽17583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
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.
₽4342
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
₽30200
₽39700
₽37700
₽35863
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%.

-
-
-
50 000
microenterprise

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

-
-
-
500
total
-
-
-
500
Employee
12 251
-
50 000
-
income
2 450
-
10 000
-
total
2 450
-
10 000
-
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%.

37 749
50 000
-
-
total
-
-
-
-
Dividends
37 749
50 000
-
-
withholding
1 887
2 500
-
-
total
1 887
2 500
-
-
Income
50 000
50 000
50 000
50 000
Total tax
4 337
2 500
10 000
500
After tax
45 663
47 500
40 000
49 500
Living cost
9 800
9 800
9 800
9 800
Free-cash
35 863
37 700
30 200
39 700

Estimated living cost  is ₽9800 per week

₽6632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2428
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
-₽11809
-₽12256
-₽17025
-₽21853
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
-
-
-
50 000
income
-
-
-
2 228
social contributions
-
-
-
1 425
health
-
-
-
433
surtax
-
-
-
-
pensions
-
-
-
14 398
other
-
-
-
1 549
total
-
-
-
20 033
Employee
54 753
-
38 102
-
income
4 777
-
2 291
-
social contributions
1 559
-
1 087
-
surtax
-
-
-
-
pensions
6 193
-
4 310
-
total
12 529
-
7 688
-
Employer
54 753
-
38 102
-
unemployment
2 218
-
1 543
-
social contributions
164
-
114
-
pensions
8 997
-
6 259
-
other
1 890
-
1 314
-
health
3 832
-
2 668
-
total
17 101
-
11 898
-
Corporate
-
50 000
-
-
income
-
14 000
-
-
surtax
-
-
-
-
total
-
14 000
-
-
Dividends
-
36 000
-
-
withholding
-
4 609
-
-
surtax
-
-
-
-
social contributions
-
6 193
-
-
total
-
10 802
-
-
Income
50 000
50 000
50 000
50 000
Total tax
29 630
24 802
19 586
20 033
After tax
20 370
25 198
30 414
29 967
Living cost
42 223
42 223
42 223
42 223
Free-cash
-21 853
-17 025
-11 809
-12 256

Estimated living cost  is ₽42223 per week

₽28576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9614
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
₽11822
₽9670
₽21051
₽16763
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.

-
-
-
50 000
income
-
-
-
6 356
health
-
-
-
5 150
unemployment
-
-
-
750
pensions
-
-
-
13 000
total
-
-
-
25 256
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.

22 730
-
42 409
-
income
3 133
-
7 074
-
health
1 171
-
2 184
-
unemployment
170
-
318
-
pensions
3 182
-
5 937
-
total
7 656
-
15 513
-
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.

22 730
-
42 409
-
unemployment
170
-
318
-
pensions
2 728
-
5 089
-
health
1 171
-
2 184
-
total
4 069
-
7 591
-
Corporate
23 201
50 000
-
-
income
3 480
7 500
-
-
total
3 480
7 500
-
-
Dividends
19 721
42 500
-
-
withholding
2 958
6 375
-
-
total
2 958
6 375
-
-
Income
50 000
50 000
50 000
50 000
Total tax
18 163
13 875
23 104
25 256
After tax
31 837
36 125
26 896
24 744
Living cost
15 074
15 074
15 074
15 074
Free-cash
16 763
21 051
11 822
9 670

Estimated living cost  is ₽15074 per week

₽10149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
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.
₽3322
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
-₽21337
-₽18786
-₽38236
-₽28314
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
-
-
-
50 000
regional
-
-
-
1 196
national
-
-
-
165
health
-
-
-
199
city
-
-
-
526
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.

-
-
-
1 000
pensions
-
-
-
4 600
total
-
-
-
7 686
Employee
71 502
-
44 752
-
regional
2 341
-
1 006
-
city
767
-
480
-
health
162
-
100
-
unemployment
-
-
-
-
national
338
-
137
-
pensions
6 007
-
3 760
-
total
9 615
-
5 483
-
Employer
71 502
-
44 752
-
unemployment
-
-
-
-
pensions
6 007
-
3 760
-
other

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

1 430
-
894
-
health
162
-
100
-
total
7 599
-
4 754
-
Corporate
-
50 000
-
-
regional
-
10 575
-
-
national
-
4 250
-
-
total
-
14 825
-
-
Dividends
-
35 175
-
-
withholding
-
12 311
-
-
total
-
12 311
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 214
27 136
10 237
7 686
After tax
32 786
22 864
39 763
42 314
Living cost
61 100
61 100
61 100
61 100
Free-cash
-28 314
-38 236
-21 337
-18 786

Estimated living cost  is ₽61100 per week

₽39732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽15134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
-₽2694
₽5229
₽989
-₽4671
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

-
-
-
50 000
municipal
-
-
-
8 927
national
-
-
-
1 876
health
-
-
-
405
total
-
-
-
11 208
Employee
45 994
-
42 064
-
health
343
-
284
-
unemployment
690
-
630
-
national
760
-
547
-
municipal
7 533
-
6 896
-
pensions
3 104
-
2 838
-
total
12 430
-
11 195
-
Employer
45 994
-
42 064
-
unemployment
299
-
274
-
pensions
7 980
-
7 298
-
accident
46
-
41
-
health
353
-
323
-
total
8 678
-
7 936
-
Corporate
-
50 000
-
-
income
-
10 000
-
-
total
-
10 000
-
-
Dividends

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

-
30 000
-
-
national
-
48
-
-
municipal
-
5 400
-
-
total
-
5 448
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 108
15 448
19 131
11 208
After tax
28 892
34 552
30 869
38 792
Living cost
33 563
33 563
33 563
33 563
Free-cash
-4 671
989
-2 694
5 229

Estimated living cost  is ₽33563 per week

₽21923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽7878
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
-₽10402
-₽4969
-₽3697
-₽30735
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
-
-
-
50 000
national
-
-
-
14 661
social contributions
-
-
-
5 780
communal

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

-
-
-
2 653
total
-
-
-
23 094
Employee

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

62 532
-
38 726
-
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.

2 938
-
1 820
-
communal

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

3 262
-
2 021
-
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.

544
-
337
-
national
19 225
-
10 169
-
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.

4 690
-
2 905
-
total
30 659
-
17 252
-
Employer

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

62 532
-
38 726
-
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.

912
-
566
-
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.

5 541
-
3 431
-
surtax
7 090
-
4 393
-
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.

813
-
503
-
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.

3 845
-
2 382
-
total
18 201
-
11 275
-
Corporate
-
50 000
-
-
income
-
10 000
-
-
surtax
-
201
-
-
total
-
10 201
-
-
Dividends
-
39 799
-
-
withholding

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

-
11 621
-
-
total
-
11 621
-
-
Income
50 000
50 000
50 000
50 000
Total tax
48 860
21 822
28 527
23 094
After tax
1 140
28 178
21 473
26 906
Living cost
31 875
31 875
31 875
31 875
Free-cash
-30 735
-3 697
-10 402
-4 969

Estimated living cost  is ₽31875 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8058
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
-₽9015
-₽10792
-₽8416
-₽16883
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
-
-
-
50 000
municipal
-
-
-
10 591
national
-
-
-
-
health
-
-
-
3 120
accident
-
-
-
100
unemployment
-
-
-
50
pensions
-
-
-
5 405
other
-
-
-
5 810
total
-
-
-
25 076
Employee
50 892
-
38 046
-
national
-
-
-
-
municipal
15 176
-
11 345
-
total
15 176
-
11 345
-
Employer
50 892
-
38 046
-
unemployment
1 344
-
1 004
-
pensions
5 501
-
4 113
-
other
5 914
-
4 421
-
accident
102
-
76
-
health
3 130
-
2 340
-
total
15 991
-
11 954
-
Corporate
-
50 000
-
-
income
-
11 000
-
-
total
-
11 000
-
-
Dividends
-
39 000
-
-
withholding
-
11 700
-
-
total
-
11 700
-
-
Income
50 000
50 000
50 000
50 000
Total tax
31 167
22 700
23 299
25 076
After tax
18 833
27 300
26 701
24 924
Living cost
35 716
35 716
35 716
35 716
Free-cash
-16 883
-8 416
-9 015
-10 792

Estimated living cost  is ₽35716 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽7998
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
-₽420
-₽4086
-₽8220
-₽83524
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
-
-
-
50 000
income
-
-
-
9 746
social contributions
-
-
-
5 700
total
-
-
-
15 446
Employee
55 404
-
-
-
income
12 221
-
-
-
social contributions
4 543
-
647
-
total
16 764
-
647
-
Employer
55 404
-
-
-
social contributions
78 120
-
11 133
-
total
78 120
-
11 133
-
Corporate
-
50 000
-
-
income
-
11 000
-
-
total
-
11 000
-
-
Dividends
-
39 000
-
-
income
-
8 580
-
-
total
-
8 580
-
-
Income
50 000
50 000
50 000
50 000
Total tax
94 884
19 580
11 780
15 446
After tax
-44 884
30 420
38 220
34 554
Living cost
38 640
38 640
38 640
38 640
Free-cash
-83 524
-8 220
-420
-4 086

Estimated living cost  is ₽38640 per week

₽25071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
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.
₽9442
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
₽5623
₽10854
₽1877
₽4832
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
-
-
-
50 000
income
-
-
-
1 715
social contributions
-
-
-
7 800
health
-
-
-
1 276
total
-
-
-
10 791
Employee
67 222
67 222
67 222
-
income
7 059
6 223
6 876
-
social contributions
3 267
5 579
3 768
-
health
669
1 143
771
-
total
10 995
12 945
11 415
-
Employer
67 222
67 222
67 222
-
social contributions
3 267
5 579
3 768
-
health
728
1 244
839
-
total
3 995
6 823
4 607
-
Corporate
6 656
-
-
-
income
833
-
-
-
total
833
-
-
-
Dividends
5 824
-
-
-
withholding
990
-
-
-
total
990
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
16 813
19 768
16 022
10 791
After tax
33 187
30 232
33 978
39 209
Living cost
28 355
28 355
28 355
28 355
Free-cash
4 832
1 877
5 623
10 854

Estimated living cost  is ₽28355 per week

₽19383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽722
₽5809
₽5732
₽911
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
-
-
-
50 000
income
-
-
-
9 385
pensions
-
-
-
3 074
total
-
-
-
12 459
Employee
43 557
-
44 608
-
income
7 932
-
8 113
-
health
568
-
589
-
pensions
3 324
-
3 451
-
total
11 824
-
12 153
-
Employer
43 557
-
44 608
-
pensions
4 401
-
4 546
-
health
828
-
847
-
total
5 229
-
5 393
-
Corporate
1 214
50 000
-
-
income

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

231
9 499
-
-
total
231
9 499
-
-
Dividends
983
40 501
-
-
withholding
73
3 037
-
-
total
73
3 037
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 357
12 536
17 546
12 459
After tax
32 643
37 464
32 454
37 541
Living cost
31 732
31 732
31 732
31 732
Free-cash
911
5 732
722
5 809

Estimated living cost  is ₽31732 per week

₽21768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6647
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
-₽10594
-₽7818
-₽8489
-₽23667
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
-
-
-
50 000
municipal
-
-
-
333
regional
-
-
-
766
national
-
-
-
9 033
social contributions
-
-
-
12 860
total
-
-
-
22 992
Employee
73 666
-
50 000
-
regional
1 112
-
656
-
social contributions
24 840
-
16 860
-
national
12 449
-
7 953
-
municipal
440
-
299
-
total
38 841
-
25 768
-
Employer
73 666
-
50 000
-
total
-
-
-
-
Corporate
-
50 000
-
-
nationa
-
11 999
-
-
municipal
-
2 410
-
-
total
-
14 409
-
-
Dividends
-
35 590
-
-
withholding
-
9 254
-
-
total
-
9 254
-
-
Income
50 000
50 000
50 000
50 000
Total tax
38 841
23 663
25 768
22 992
After tax
11 159
26 337
24 232
27 008
Living cost
34 826
34 826
34 826
34 826
Free-cash
-23 667
-8 489
-10 594
-7 818

Estimated living cost  is ₽34826 per week

₽24463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7440
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
₽8207
₽16496
-₽13973
₽1286
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
-
-
-
50 000
income
-
-
-
9 774
health
-
-
-
1 787
accident
-
-
-
207
pensions
-
-
-
3 409
other
-
-
-
304
total
-
-
-
15 481
Employee
28 351
-
41 535
-
income
3 890
-
5 873
-
health
3 246
-
4 756
-
pensions
3 192
-
4 677
-
total
10 328
-
15 306
-
Employer
28 351
-
41 535
-
unemployment
695
-
1 018
-
pensions
4 610
-
6 753
-
accident
473
-
693
-
total
5 778
-
8 464
-
Corporate
15 871
50 000
-
-
income

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

14 284
45 000
-
-
total
14 284
45 000
-
-
Dividends
1 587
5 000
-
-
withholding
301
950
-
-
total
301
950
-
-
Income
50 000
50 000
50 000
50 000
Total tax
30 691
45 950
23 770
15 481
After tax
19 309
4 050
26 230
34 519
Living cost
18 023
18 023
18 023
18 023
Free-cash
1 286
-13 973
8 207
16 496

Estimated living cost  is ₽18023 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽4552
₽3210
-₽7850
₽3591
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.

-
-
-
50 000
income

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

-
-
-
5 426
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.

-
-
-
5 972
trade
-
-
-
1 342
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.

-
-
-
299
total
-
-
-
13 039
Employee

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

43 497
-
50 000
-
income

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

3 577
-
5 426
-
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.

5 972
-
5 972
-
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.

197
-
299
-
total
9 746
-
11 697
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
6 503
50 000
-
-
chamber of commerce
143
206
-
-
income
975
7 500
-
-
surtax

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

53
413
-
-
trade
934
7 175
-
-
total
2 105
15 294
-
-
Dividends
4 398
34 706
-
-
withholding
766
8 345
-
-
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.

41
460
-
-
total
807
8 805
-
-
Income
50 000
50 000
50 000
50 000
Total tax
12 658
24 099
11 697
13 039
After tax
37 342
25 901
38 303
36 961
Living cost
33 751
33 751
33 751
33 751
Free-cash
3 591
-7 850
4 552
3 210

Estimated living cost  is ₽33751 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6347
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
₽10420
₽21561
₽21813
₽14643
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.

-
-
-
50 000
microenterprise
-
-
-
7 500
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.

-
-
-
2 752
surtax
-
-
-
-
total
-
-
-
10 252
Employee
25 545
-
40 293
-
income
4 547
-
7 253
-
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.

2 810
-
4 433
-
surtax
-
-
-
-
total
7 357
-
11 686
-
Employer
25 545
-
40 293
-
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.

6 153
-
9 707
-
surtax
-
-
-
-
total
6 153
-
9 707
-
Corporate
18 302
50 000
-
-
income

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

3 660
10 000
-
-
total
3 660
10 000
-
-
Dividends

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

14 643
40 000
-
-
total
-
-
-
-
Income
50 000
50 000
50 000
50 000
Total tax
17 170
10 000
21 393
10 252
After tax
32 830
40 000
28 607
39 748
Living cost
18 187
18 187
18 187
18 187
Free-cash
14 643
21 813
10 420
21 561

Estimated living cost  is ₽18187 per week

₽11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4439
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
₽13816
₽14479
₽19846
₽17982
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
-
-
-
50 000
income
-
-
-
9 881
health
-
-
-
6 004
pensions
-
-
-
8 282
total
-
-
-
24 167
Employee
17 293
-
40 816
-
income
3 345
-
9 524
-
health
865
-
2 041
-
unemployment
173
-
408
-
pensions
1 556
-
3 673
-
total
5 939
-
15 646
-
Employer
17 293
-
40 816
-
unemployment
346
-
816
-
pensions
1 902
-
4 490
-
health
1 643
-
3 878
-
total
3 891
-
9 184
-
Corporate
28 816
50 000
-
-
income
6 339
11 000
-
-
total
6 339
11 000
-
-
Dividends
22 477
39 000
-
-
withholding
4 495
7 800
-
-
total
4 495
7 800
-
-
Income
50 000
50 000
50 000
50 000
Total tax
20 664
18 800
24 830
24 167
After tax
29 336
31 200
25 170
25 833
Living cost
11 354
11 354
11 354
11 354
Free-cash
17 982
19 846
13 816
14 479

Estimated living cost  is ₽11354 per week

₽6747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
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.
₽3426
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
₽7568
₽8642
₽11815
₽9033
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
-
-
-
50 000
income
-
-
-
7 527
health
-
-
-
3 550
unemployment
-
-
-
199
surtax
-
-
-
446
pensions
-
-
-
10 000
other
-
-
-
-
total
-
-
-
21 722
Employee
29 440
-
41 305
-
other
-
-
-
-
income
4 935
-
7 054
-
health
752
-
1 053
-
unemployment
2 049
-
2 875
-
surtax
105
-
363
-
pensions
1 964
-
2 756
-
total
9 805
-
14 101
-
Employer
29 440
-
41 305
-
unemployment
934
-
1 309
-
pensions
3 925
-
5 506
-
other
-
-
-
-
health
1 339
-
1 880
-
total
6 198
-
8 695
-
Corporate
14 362
50 000
-
-
income
3 734
13 000
-
-
total
3 734
13 000
-
-
Dividends
10 628
37 000
-
-
withholding
1 594
5 549
-
-
total
1 594
5 549
-
-
Income
50 000
50 000
50 000
50 000
Total tax
21 331
18 549
22 796
21 722
After tax
28 669
31 451
27 204
28 278
Living cost
19 636
19 636
19 636
19 636
Free-cash
9 033
11 815
7 568
8 642

Estimated living cost  is ₽19636 per week

₽11855
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.
₽456
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.
₽5619
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
-₽8553
-₽28
₽863
-₽40
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
-
-
-
50 000
income
-
-
-
3 499
chamber of commerce
-
-
-
201
health
-
-
-
3 826