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
₽ 51500
per

Your estimated
City
free-cash

Valencia , Spain
₽4209
₽3845
₽10292
₽5557
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
-
-
-
51 500
income
-
-
-
7 715
accident
-
-
-
463
unemployment
-
-
-
360
pensions
-
-
-
14 574
other
-
-
-
51
total
-
-
-
23 163
Employee
32 932
-
39 050
-
other
32
-
39
-
income
6 349
-
7 870
-
unemployment
510
-
605
-
pensions
1 548
-
1 836
-
total
8 439
-
10 350
-
Employer
32 932
-
39 050
-
unemployment
1 812
-
2 148
-
pensions
7 771
-
9 216
-
other
264
-
313
-
accident
652
-
772
-
total
10 499
-
12 449
-
Corporate
8 068
51 500
-
-
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.

1 210
7 726
-
-
total
1 210
7 726
-
-
Dividends
6 858
43 774
-
-
withholding
1 303
8 990
-
-
total
1 303
8 990
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 451
16 716
22 799
23 163
After tax
30 049
34 784
28 701
28 337
Living cost
24 492
24 492
24 492
24 492
Free-cash
5 557
10 292
4 209
3 845

Estimated living cost  is ₽24492 per week

₽16532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽5177
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
₽6455
₽4154
₽14105
₽8092
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
-
-
-
51 500
income
-
-
-
6 541
health
-
-
-
2 267
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.

-
-
-
12 360
other
-
-
-
2 446
total
-
-
-
23 614
Employee
32 338
-
41 134
-
income
5 567
-
7 082
-
health
453
-
576
-
unemployment
323
-
411
-
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.

2 263
-
2 878
-
total
8 606
-
10 947
-
Employer
32 338
-
41 134
-
unemployment
323
-
411
-
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.

5 498
-
6 992
-
other
1 617
-
2 057
-
accident
259
-
330
-
health
453
-
576
-
total
8 150
-
10 366
-
Corporate
11 012
51 500
-
-
income
2 312
10 815
-
-
total
2 312
10 815
-
-
Dividends
8 699
40 685
-
-
withholding
608
2 848
-
-
total
608
2 848
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 676
13 663
21 313
23 614
After tax
31 824
37 837
30 187
27 886
Living cost
23 732
23 732
23 732
23 732
Free-cash
8 092
14 105
6 455
4 154

Estimated living cost  is ₽23732 per week

₽16768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
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
₽24704
₽23819
₽32371
₽28240
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
-
-
-
51 500
income
-
-
-
7 725
health
-
-
-
3 573
unemployment
-
-
-
124
pensions

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

-
-
-
4 598
total
-
-
-
16 020
Employee
15 441
-
45 405
-
income
1 544
-
4 541
-
health
710
-
1 429
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
pensions

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

1 356
-
2 728
-
total
3 780
-
9 040
-
Employer
15 441
-
45 405
-
unemployment
92
-
186
-
pensions

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

1 702
-
3 423
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
health
1 066
-
2 144
-
total
3 030
-
6 095
-
Corporate
33 030
51 500
-
-
income
3 303
5 150
-
-
total
3 303
5 150
-
-
Dividends
29 726
46 350
-
-
withholding
1 486
2 318
-
-
total
1 486
2 318
-
-
Income
51 500
51 500
51 500
51 500
Total tax
11 599
7 468
15 135
16 020
After tax
39 901
44 032
36 365
35 480
Living cost
11 661
11 661
11 661
11 661
Free-cash
28 240
32 371
24 704
23 819

Estimated living cost  is ₽11661 per week

₽6808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
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.
₽3712
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
₽830
₽383
-₽4515
₽743
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
-
-
-
51 500
income
-
-
-
2 322
social contributions
-
-
-
1 467
health
-
-
-
446
surtax
-
-
-
-
pensions
-
-
-
14 813
other
-
-
-
1 597
total
-
-
-
20 645
Employee
38 118
-
39 245
-
income
2 250
-
2 385
-
social contributions
1 087
-
1 119
-
surtax
-
-
-
-
pensions
4 310
-
4 438
-
total
7 647
-
7 942
-
Employer
38 118
-
39 245
-
unemployment
1 543
-
1 589
-
social contributions
115
-
118
-
pensions
6 262
-
6 448
-
other
1 315
-
1 354
-
health
2 669
-
2 747
-
total
11 904
-
12 256
-
Corporate
1 478
51 500
-
-
income
414
14 420
-
-
surtax
-
-
-
-
total
414
14 420
-
-
Dividends
1 064
37 080
-
-
withholding
137
4 746
-
-
surtax
-
-
-
-
social contributions
183
6 377
-
-
total
320
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
20 285
25 543
20 198
20 645
After tax
31 215
25 957
31 302
30 855
Living cost
30 472
30 472
30 472
30 472
Free-cash
743
-4 515
830
383

Estimated living cost  is ₽30472 per week

₽19214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8263
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
-₽36942
-₽7866
-₽31943
-₽36942
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
-
-
-
51 500
income
-
-
-
4 882
health
-
-
-
7 905
pensions
-
-
-
9 269
total
-
-
-
22 056
Employee
76 057
76 057
76 057
-
income

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

12 449
12 449
12 449
-
health
11 674
9 930
11 674
-
pensions
13 690
10 435
13 690
-
total
37 813
32 814
37 813
-
Employer
76 057
76 057
76 057
-
unemployment
2 738
2 738
2 738
-
pensions
5 294
5 294
5 294
-
health
5 287
5 287
5 287
-
total
13 319
13 319
13 319
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
51 132
46 133
51 132
22 056
After tax
368
5 367
368
29 444
Living cost
37 310
37 310
37 310
37 310
Free-cash
-36 942
-31 943
-36 942
-7 866

Estimated living cost  is ₽37310 per week

₽26441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
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.
₽6913
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
₽12433
₽10844
-₽830
₽9018
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.

-
-
-
51 500
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.

-
-
-
5 692
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.

-
-
-
6 085
trade
-
-
-
1 589
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.

-
-
-
313
total
-
-
-
13 679
Employee

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

34 065
-
51 500
-
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.

952
-
5 692
-
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.

6 085
-
6 085
-
surtax

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

52
-
313
-
total
7 089
-
12 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 435
51 500
-
-
chamber of commerce
161
210
-
-
income
2 615
7 726
-
-
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.

144
424
-
-
trade
2 747
8 111
-
-
total
5 667
16 471
-
-
Dividends
11 769
35 029
-
-
withholding
2 605
8 419
-
-
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.

144
463
-
-
total
2 749
8 882
-
-
Income
51 500
51 500
51 500
51 500
Total tax
15 505
25 353
12 090
13 679
After tax
35 995
26 147
39 410
37 821
Living cost
26 977
26 977
26 977
26 977
Free-cash
9 018
-830
12 433
10 844

Estimated living cost  is ₽26977 per week

₽16969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
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.
₽6358
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
₽14467
₽19694
₽10738
₽12447
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
-
-
-
51 500
income
-
-
-
1 839
social contributions
-
-
-
8 033
health
-
-
-
1 313
total
-
-
-
11 185
Employee
68 486
68 486
68 486
-
income
7 457
6 340
6 991
-
social contributions
2 589
5 684
3 881
-
health
531
1 165
794
-
total
10 577
13 189
11 666
-
Employer
68 486
68 486
68 486
-
social contributions
2 589
5 684
3 881
-
health
576
1 268
865
-
total
3 165
6 952
4 746
-
Corporate
17 136
-
-
-
income
2 141
-
-
-
total
2 141
-
-
-
Dividends
14 995
-
-
-
withholding
2 549
-
-
-
total
2 549
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 432
20 141
16 412
11 185
After tax
33 068
31 359
35 088
40 315
Living cost
20 621
20 621
20 621
20 621
Free-cash
12 447
10 738
14 467
19 694

Estimated living cost  is ₽20621 per week

₽12358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
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.
₽5784
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
₽377
₽1773
₽1356
₽460
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.

-
-
-
51 500
income
-
-
-
3 895
social contributions

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

-
-
-
17 895
surtax
-
-
-
-
total
-
-
-
21 790
Employee
40 963
-
41 616
-
income
8 520
-
8 725
-
social contributions
4 506
-
4 577
-
surtax
-
-
-
-
total
13 026
-
13 302
-
Employer
40 963
-
41 616
-
social contributions
9 729
-
9 884
-
total
9 729
-
9 884
-
Corporate
809
51 500
-
-
income
169
10 815
-
-
surtax
-
-
-
-
total
169
10 815
-
-
Dividends
640
40 685
-
-
withholding
179
11 392
-
-
total
179
11 392
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 103
22 207
23 186
21 790
After tax
28 397
29 293
28 314
29 710
Living cost
27 937
27 937
27 937
27 937
Free-cash
460
1 356
377
1 773

Estimated living cost  is ₽27937 per week

₽20902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
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.
₽4920
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
₽34859
₽44644
₽42584
₽41395
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%.

-
-
-
51 500
microenterprise

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

-
-
-
515
total
-
-
-
515
Employee
7 926
-
51 500
-
income
1 585
-
10 300
-
total
1 585
-
10 300
-
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%.

43 574
51 500
-
-
total
-
-
-
-
Dividends
43 574
51 500
-
-
withholding
2 179
2 575
-
-
total
2 179
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
3 764
2 575
10 300
515
After tax
47 736
48 925
41 200
50 985
Living cost
6 341
6 341
6 341
6 341
Free-cash
41 395
42 584
34 859
44 644

Estimated living cost  is ₽6341 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
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.
₽1710
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
₽2926
₽4400
₽11570
₽4118
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.

-
-
-
51 500
income
-
-
-
8 658
health
-
-
-
5 069
unemployment
-
-
-
78
pensions
-
-
-
9 406
total
-
-
-
23 211
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.

39 385
-
44 562
-
income
6 792
-
7 898
-
health
2 544
-
2 878
-
unemployment
56
-
63
-
pensions
6 105
-
6 908
-
total
15 497
-
17 747
-
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.

39 385
-
44 562
-
unemployment
24
-
27
-
pensions
3 485
-
3 943
-
health
2 623
-
2 968
-
total
6 132
-
6 938
-
Corporate
5 984
51 500
-
-
income
1 137
9 784
-
-
total
1 137
9 784
-
-
Dividends
4 846
41 716
-
-
withholding
727
6 257
-
-
total
727
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
23 493
16 041
24 685
23 211
After tax
28 007
35 459
26 815
28 289
Living cost
23 889
23 889
23 889
23 889
Free-cash
4 118
11 570
2 926
4 400

Estimated living cost  is ₽23889 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽5501
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
₽4906
-₽11952
-₽3562
₽1597
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.

-
-
-
51 500
income
-
-
-
25 352
health

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

-
-
-
5 769
total
-
-
-
31 121
Employee
40 858
-
47 403
-
social contributions
4 094
-
4 097
-
income
4 433
-
6 069
-
total
8 527
-
10 166
-
Employer
40 858
-
47 403
-
social contributions
4 094
-
4 097
-
total
4 094
-
4 097
-
Corporate
6 549
51 500
-
-
income
2 292
18 026
-
-
total
2 292
18 026
-
-
Dividends
4 257
33 474
-
-
social contributions
2 659
4 705
-
-
total
2 659
4 705
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 572
22 731
14 263
31 121
After tax
33 928
28 769
37 237
20 379
Living cost
32 331
32 331
32 331
32 331
Free-cash
1 597
-3 562
4 906
-11 952

Estimated living cost  is ₽32331 per week

₽21296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7989
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
₽11976
₽14186
₽12533
₽12995
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
-
-
-
51 500
income
-
-
-
7 726
social contributions
-
-
-
7 107
health
-
-
-
3 595
total
-
-
-
18 428
Employee
30 198
-
51 500
-
income
5 037
-
9 936
-
social contributions
4 168
-
7 107
-
health
2 108
-
3 595
-
total
11 313
-
20 638
-
Employer
30 198
-
51 500
-
total
-
-
-
-
Corporate
21 302
51 500
-
-
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%.

1 065
2 576
-
-
total
1 065
2 576
-
-
Dividends
20 237
48 924
-
-
withholding
3 036
7 339
-
-
health
1 413
3 414
-
-
social contributions
2 792
6 752
-
-
total
7 241
17 505
-
-
Income
51 500
51 500
51 500
51 500
Total tax
19 619
20 081
20 638
18 428
After tax
31 881
31 419
30 862
33 072
Living cost
18 886
18 886
18 886
18 886
Free-cash
12 995
12 533
11 976
14 186

Estimated living cost  is ₽18886 per week

₽12639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽4646
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
₽1910
₽859
₽11233
₽2591
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
-
-
-
51 500
income
-
-
-
4 426
social contributions
-
-
-
15 038
solidarity contribution
-
-
-
-
health
-
-
-
6 952
total
-
-
-
26 416
Employee
35 625
-
38 433
-
solidarity contribution
-
-
-
-
income
4 275
-
4 612
-
social contributions
2 316
-
2 498
-
health
4 809
-
5 188
-
total
11 400
-
12 298
-
Employer
35 625
-
38 433
-
social contributions
8 906
-
9 608
-
health
3 206
-
3 459
-
total
12 112
-
13 067
-
Corporate
3 762
51 500
-
-
income
715
9 785
-
-
total
715
9 785
-
-
Dividends
3 047
41 715
-
-
withholding
457
6 257
-
-
total
457
6 257
-
-
Income
51 500
51 500
51 500
51 500
Total tax
24 684
16 042
25 365
26 416
After tax
26 816
35 458
26 135
25 084
Living cost
24 225
24 225
24 225
24 225
Free-cash
2 591
11 233
1 910
859

Estimated living cost  is ₽24225 per week

₽18015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
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.
₽4449
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
₽31318
₽41103
₽39043
₽37190
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%.

-
-
-
51 500
microenterprise

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

-
-
-
515
total
-
-
-
515
Employee
12 352
-
51 500
-
income
2 471
-
10 300
-
total
2 471
-
10 300
-
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%.

39 148
51 500
-
-
total
-
-
-
-
Dividends
39 148
51 500
-
-
withholding
1 957
2 575
-
-
total
1 957
2 575
-
-
Income
51 500
51 500
51 500
51 500
Total tax
4 428
2 575
10 300
515
After tax
47 072
48 925
41 200
50 985
Living cost
9 882
9 882
9 882
9 882
Free-cash
37 190
39 043
31 318
41 103

Estimated living cost  is ₽9882 per week

₽6687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
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.
₽2448
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
-₽11715
-₽12162
-₽17060
-₽21704
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
-
-
-
51 500
income
-
-
-
2 322
social contributions
-
-
-
1 467
health
-
-
-
446
surtax
-
-
-
-
pensions
-
-
-
14 813
other
-
-
-
1 597
total
-
-
-
20 645
Employee
55 783
-
39 245
-
income
4 867
-
2 385
-
social contributions
1 589
-
1 119
-
surtax
-
-
-
-
pensions
6 309
-
4 438
-
total
12 765
-
7 942
-
Employer
55 783
-
39 245
-
unemployment
2 260
-
1 589
-
social contributions
167
-
118
-
pensions
9 166
-
6 448
-
other
1 925
-
1 354
-
health
3 904
-
2 747
-
total
17 422
-
12 256
-
Corporate
-
51 500
-
-
income
-
14 420
-
-
surtax
-
-
-
-
total
-
14 420
-
-
Dividends
-
37 080
-
-
withholding
-
4 746
-
-
surtax
-
-
-
-
social contributions
-
6 377
-
-
total
-
11 123
-
-
Income
51 500
51 500
51 500
51 500
Total tax
30 187
25 543
20 198
20 645
After tax
21 313
25 957
31 302
30 855
Living cost
43 017
43 017
43 017
43 017
Free-cash
-21 704
-17 060
-11 715
-12 162

Estimated living cost  is ₽43017 per week

₽29113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
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.
₽9795
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
₽12321
₽10105
₽21844
₽17472
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.

-
-
-
51 500
income
-
-
-
6 562
health
-
-
-
5 305
unemployment
-
-
-
773
pensions
-
-
-
13 390
total
-
-
-
26 030
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.

23 169
-
43 681
-
income
3 194
-
7 301
-
health
1 193
-
2 250
-
unemployment
174
-
328
-
pensions
3 244
-
6 115
-
total
7 805
-
15 994
-
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.

23 169
-
43 681
-
unemployment
174
-
328
-
pensions
2 780
-
5 242
-
health
1 193
-
2 250
-
total
4 147
-
7 820
-
Corporate
24 184
51 500
-
-
income
3 628
7 725
-
-
total
3 628
7 725
-
-
Dividends
20 556
43 775
-
-
withholding
3 083
6 566
-
-
total
3 083
6 566
-
-
Income
51 500
51 500
51 500
51 500
Total tax
18 663
14 291
23 814
26 030
After tax
32 837
37 209
27 686
25 470
Living cost
15 365
15 365
15 365
15 365
Free-cash
17 472
21 844
12 321
10 105

Estimated living cost  is ₽15365 per week

₽10345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽3387
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
-₽21259
-₽18630
-₽38650
-₽28225
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
-
-
-
51 500
regional
-
-
-
1 244
national
-
-
-
173
health
-
-
-
203
city
-
-
-
542
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.

-
-
-
1 030
pensions
-
-
-
4 738
total
-
-
-
7 930
Employee
72 790
-
46 096
-
regional
2 384
-
1 048
-
city
781
-
495
-
health
165
-
104
-
unemployment
-
-
-
-
national
345
-
142
-
pensions
6 115
-
3 872
-
total
9 790
-
5 661
-
Employer
72 790
-
46 096
-
unemployment
-
-
-
-
pensions
6 115
-
3 872
-
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.

1 455
-
922
-
health
165
-
104
-
total
7 735
-
4 898
-
Corporate
-
51 500
-
-
regional
-
10 892
-
-
national
-
4 377
-
-
total
-
15 269
-
-
Dividends
-
36 231
-
-
withholding
-
12 681
-
-
total
-
12 681
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 525
27 950
10 559
7 930
After tax
33 975
23 550
40 941
43 570
Living cost
62 200
62 200
62 200
62 200
Free-cash
-28 225
-38 650
-21 259
-18 630

Estimated living cost  is ₽62200 per week

₽40448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
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.
₽15407
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
-₽2425
₽5684
₽1375
-₽4199
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

-
-
-
51 500
municipal
-
-
-
9 195
national
-
-
-
2 006
health
-
-
-
421
total
-
-
-
11 622
Employee
46 859
-
43 325
-
health
350
-
296
-
unemployment
703
-
651
-
national
774
-
583
-
municipal
7 675
-
7 102
-
pensions
3 162
-
2 924
-
total
12 664
-
11 556
-
Employer
46 859
-
43 325
-
unemployment
304
-
282
-
pensions
8 130
-
7 516
-
accident
47
-
44
-
health
360
-
333
-
total
8 841
-
8 175
-
Corporate
-
51 500
-
-
income
-
10 300
-
-
total
-
10 300
-
-
Dividends

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

-
30 900
-
-
national
-
69
-
-
municipal
-
5 562
-
-
total
-
5 631
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 505
15 931
19 731
11 622
After tax
29 995
35 569
31 769
39 878
Living cost
34 194
34 194
34 194
34 194
Free-cash
-4 199
1 375
-2 425
5 684

Estimated living cost  is ₽34194 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽8027
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
-₽10390
-₽4845
-₽3453
-₽30753
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
-
-
-
51 500
national
-
-
-
15 136
social contributions
-
-
-
6 005
communal

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

-
-
-
2 730
total
-
-
-
23 871
Employee

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

63 708
-
39 887
-
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.

2 993
-
1 874
-
communal

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

3 323
-
2 081
-
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.

554
-
346
-
national
19 586
-
10 510
-
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.

4 778
-
2 992
-
total
31 234
-
17 803
-
Employer

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

63 708
-
39 887
-
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.

930
-
583
-
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.

5 645
-
3 534
-
surtax
7 224
-
4 523
-
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.

828
-
519
-
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.

3 918
-
2 454
-
total
18 545
-
11 613
-
Corporate
-
51 500
-
-
income
-
10 300
-
-
surtax
-
206
-
-
total
-
10 506
-
-
Dividends
-
40 994
-
-
withholding

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

-
11 973
-
-
total
-
11 973
-
-
Income
51 500
51 500
51 500
51 500
Total tax
49 779
22 479
29 416
23 871
After tax
1 721
29 021
22 084
27 629
Living cost
32 474
32 474
32 474
32 474
Free-cash
-30 753
-3 453
-10 390
-4 845

Estimated living cost  is ₽32474 per week

₽20917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2839
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.
₽8209
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
-₽8686
-₽10514
-₽8068
-₽16264
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
-
-
-
51 500
municipal
-
-
-
10 908
national
-
-
-
-
health
-
-
-
3 214
accident
-
-
-
103
unemployment
-
-
-
51
pensions
-
-
-
5 567
other
-
-
-
5 984
total
-
-
-
25 827
Employee
51 564
-
39 187
-
national
-
-
-
-
municipal
15 376
-
11 686
-
total
15 376
-
11 686
-
Employer
51 564
-
39 187
-
unemployment
1 361
-
1 035
-
pensions
5 574
-
4 236
-
other
5 992
-
4 554
-
accident
103
-
78
-
health
3 171
-
2 410
-
total
16 201
-
12 313
-
Corporate
-
51 500
-
-
income
-
11 330
-
-
total
-
11 330
-
-
Dividends
-
40 170
-
-
withholding
-
12 051
-
-
total
-
12 051
-
-
Income
51 500
51 500
51 500
51 500
Total tax
31 577
23 381
23 999
25 827
After tax
19 923
28 119
27 501
25 673
Living cost
36 187
36 187
36 187
36 187
Free-cash
-16 264
-8 068
-8 686
-10 514

Estimated living cost  is ₽36187 per week

₽23984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽8103
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
₽960
-₽3140
-₽7398
-₽82339
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
-
-
-
51 500
income
-
-
-
10 038
social contributions
-
-
-
5 871
total
-
-
-
15 909
Employee
55 535
-
-
-
income
12 250
-
-
-
social contributions
4 554
-
649
-
total
16 804
-
649
-
Employer
55 535
-
-
-
social contributions
78 304
-
11 160
-
total
78 304
-
11 160
-
Corporate
-
51 500
-
-
income
-
11 330
-
-
total
-
11 330
-
-
Dividends
-
40 170
-
-
income
-
8 837
-
-
total
-
8 837
-
-
Income
51 500
51 500
51 500
51 500
Total tax
95 108
20 167
11 809
15 909
After tax
-43 608
31 333
39 691
35 591
Living cost
38 731
38 731
38 731
38 731
Free-cash
-82 339
-7 398
960
-3 140

Estimated living cost  is ₽38731 per week

₽25130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3643
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.
₽9464
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
₽6200
₽11427
₽2471
₽5331
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
-
-
-
51 500
income
-
-
-
1 839
social contributions
-
-
-
8 033
health
-
-
-
1 313
total
-
-
-
11 185
Employee
68 486
68 486
68 486
-
income
7 192
6 340
6 991
-
social contributions
3 328
5 684
3 881
-
health
681
1 165
794
-
total
11 201
13 189
11 666
-
Employer
68 486
68 486
68 486
-
social contributions
3 328
5 684
3 881
-
health
742
1 268
865
-
total
4 070
6 952
4 746
-
Corporate
7 341
-
-
-
income
918
-
-
-
total
918
-
-
-
Dividends
6 424
-
-
-
withholding
1 092
-
-
-
total
1 092
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 281
20 141
16 412
11 185
After tax
34 219
31 359
35 088
40 315
Living cost
28 888
28 888
28 888
28 888
Free-cash
5 331
2 471
6 200
11 427

Estimated living cost  is ₽28888 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6399
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
₽1343
₽6615
₽6557
₽1692
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
-
-
-
51 500
income
-
-
-
9 660
pensions
-
-
-
3 196
total
-
-
-
12 856
Employee
43 964
-
45 917
-
income
8 006
-
8 342
-
health
573
-
613
-
pensions
3 356
-
3 591
-
total
11 935
-
12 546
-
Employer
43 964
-
45 917
-
pensions
4 442
-
4 710
-
health
836
-
872
-
total
5 278
-
5 582
-
Corporate
2 259
51 500
-
-
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.

429
9 786
-
-
total
429
9 786
-
-
Dividends
1 829
41 714
-
-
withholding
137
3 128
-
-
total
137
3 128
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 779
12 914
18 128
12 856
After tax
33 721
38 586
33 372
38 644
Living cost
32 029
32 029
32 029
32 029
Free-cash
1 692
6 557
1 343
6 615

Estimated living cost  is ₽32029 per week

₽21971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
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.
₽6709
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
-₽10536
-₽7677
-₽8355
-₽23552
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
-
-
-
51 500
municipal
-
-
-
345
regional
-
-
-
790
national
-
-
-
9 315
social contributions
-
-
-
13 246
total
-
-
-
23 696
Employee
75 051
-
51 500
-
regional
1 133
-
679
-
social contributions
25 307
-
17 366
-
national
12 683
-
8 202
-
municipal
448
-
308
-
total
39 571
-
26 555
-
Employer
75 051
-
51 500
-
total
-
-
-
-
Corporate
-
51 500
-
-
nationa
-
12 360
-
-
municipal
-
2 483
-
-
total
-
14 843
-
-
Dividends
-
36 657
-
-
withholding
-
9 531
-
-
total
-
9 531
-
-
Income
51 500
51 500
51 500
51 500
Total tax
39 571
24 374
26 555
23 696
After tax
11 929
27 126
24 945
27 804
Living cost
35 481
35 481
35 481
35 481
Free-cash
-23 552
-8 355
-10 536
-7 677

Estimated living cost  is ₽35481 per week

₽24923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
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
₽8452
₽16988
-₽14395
₽1322
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
-
-
-
51 500
income
-
-
-
10 066
health
-
-
-
1 841
accident
-
-
-
213
pensions
-
-
-
3 512
other
-
-
-
313
total
-
-
-
15 945
Employee
29 207
-
42 781
-
income
4 007
-
6 048
-
health
3 344
-
4 898
-
pensions
3 289
-
4 817
-
total
10 640
-
15 763
-
Employer
29 207
-
42 781
-
unemployment
716
-
1 048
-
pensions
4 749
-
6 956
-
accident
488
-
714
-
total
5 953
-
8 718
-
Corporate
16 341
51 500
-
-
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.

14 707
46 350
-
-
total
14 707
46 350
-
-
Dividends
1 634
5 150
-
-
withholding
311
978
-
-
total
311
978
-
-
Income
51 500
51 500
51 500
51 500
Total tax
31 611
47 328
24 481
15 945
After tax
19 889
4 172
27 019
35 555
Living cost
18 567
18 567
18 567
18 567
Free-cash
1 322
-14 395
8 452
16 988

Estimated living cost  is ₽18567 per week

₽13608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽3543
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
₽5025
₽3577
-₽7708
₽3944
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.

-
-
-
51 500
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.

-
-
-
5 692
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.

-
-
-
6 085
trade
-
-
-
1 448
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.

-
-
-
313
total
-
-
-
13 538
Employee

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

44 315
-
51 500
-
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.

3 644
-
5 692
-
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.

6 085
-
6 085
-
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.

201
-
313
-
total
9 930
-
12 090
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
7 185
51 500
-
-
chamber of commerce
145
211
-
-
income
1 078
7 726
-
-
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.

59
424
-
-
trade
1 031
7 389
-
-
total
2 313
15 750
-
-
Dividends
4 871
35 749
-
-
withholding
879
8 600
-
-
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.

49
473
-
-
total
928
9 073
-
-
Income
51 500
51 500
51 500
51 500
Total tax
13 171
24 823
12 090
13 538
After tax
38 329
26 677
39 410
37 962
Living cost
34 385
34 385
34 385
34 385
Free-cash
3 944
-7 708
5 025
3 577

Estimated living cost  is ₽34385 per week

₽23720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3700
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.
₽6467
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
₽10927
₽22441
₽22671
₽15364
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.

-
-
-
51 500
microenterprise
-
-
-
7 726
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.

-
-
-
2 804
surtax
-
-
-
-
total
-
-
-
10 530
Employee
26 025
-
41 503
-
income
4 633
-
7 482
-
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.

2 863
-
4 565
-
surtax
-
-
-
-
total
7 496
-
12 047
-
Employer
26 025
-
41 503
-
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.

6 269
-
9 997
-
surtax
-
-
-
-
total
6 269
-
9 997
-
Corporate
19 206
51 500
-
-
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%.

3 842
10 300
-
-
total
3 842
10 300
-
-
Dividends

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

15 364
41 200
-
-
total
-
-
-
-
Income
51 500
51 500
51 500
51 500
Total tax
17 607
10 300
22 044
10 530
After tax
33 893
41 200
29 456
40 970
Living cost
18 529
18 529
18 529
18 529
Free-cash
15 364
22 671
10 927
22 441

Estimated living cost  is ₽18529 per week

₽11821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
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.
₽4523
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
₽14244
₽14946
₽20462
₽18544
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
-
-
-
51 500
income
-
-
-
10 192
health
-
-
-
6 173
pensions
-
-
-
8 515
total
-
-
-
24 880
Employee
17 780
-
42 041
-
income
3 440
-
9 815
-
health
889
-
2 102
-
unemployment
178
-
421
-
pensions
1 600
-
3 784
-
total
6 107
-
16 122
-
Employer
17 780
-
42 041
-
unemployment
356
-
841
-
pensions
1 956
-
4 625
-
health
1 689
-
3 994
-
total
4 001
-
9 460
-
Corporate
29 719
51 500
-
-
income
6 538
11 330
-
-
total
6 538
11 330
-
-
Dividends
23 181
40 170
-
-
withholding
4 636
8 034
-
-
total
4 636
8 034
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 282
19 364
25 582
24 880
After tax
30 218
32 136
25 918
26 620
Living cost
11 674
11 674
11 674
11 674
Free-cash
18 544
20 462
14 244
14 946

Estimated living cost  is ₽11674 per week

₽6937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽267
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.
₽3523
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
₽7966
₽9074
₽12390
₽9555
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
-
-
-
51 500
income
-
-
-
7 787
health
-
-
-
3 656
unemployment
-
-
-
203
surtax
-
-
-
475
pensions
-
-
-
10 300
other
-
-
-
-
total
-
-
-
22 421
Employee
29 994
-
42 546
-
other
-
-
-
-
income
5 028
-
7 300
-
health
766
-
1 085
-
unemployment
2 087
-
2 961
-
surtax
106
-
390
-
pensions
2 001
-
2 838
-
total
9 988
-
14 574
-
Employer
29 994
-
42 546
-
unemployment
952
-
1 349
-
pensions
3 999
-
5 671
-
other
-
-
-
-
health
1 364
-
1 935
-
total
6 315
-
8 955
-
Corporate
15 192
51 500
-
-
income
3 950
13 389
-
-
total
3 950
13 389
-
-
Dividends
11 242
38 111
-
-
withholding
1 687
5 716
-
-
total
1 687
5 716
-
-
Income
51 500
51 500
51 500
51 500
Total tax
21 940
19 105
23 529
22 421
After tax
29 560
32 395
27 971
29 079
Living cost
20 005
20 005
20 005
20 005
Free-cash
9 555
12 390
7 966
9 074

Estimated living cost  is ₽20005 per week

₽12078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽5725
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
-₽8593
₽239
₽1181
₽377
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
-
-
-
51 500
income
-
-
-
3 710
chamber of commerce
-
-
-
206
health
-
-
-
3 940