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
₽ 55000
per

Your estimated
City
free-cash

Valencia , Spain
₽7502
₽7112
₽14408
₽10075
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
-
-
-
55 000
income
-
-
-
8 675
accident
-
-
-
495
unemployment
-
-
-
386
pensions
-
-
-
15 564
other
-
-
-
55
total
-
-
-
25 175
Employee
30 541
-
41 705
-
other
30
-
42
-
income
5 888
-
8 841
-
unemployment
473
-
646
-
pensions
1 436
-
1 961
-
total
7 827
-
11 490
-
Employer
30 541
-
41 705
-
unemployment
1 680
-
2 293
-
pensions
7 207
-
9 842
-
other
245
-
334
-
accident
605
-
826
-
total
9 737
-
13 295
-
Corporate
14 723
55 000
-
-
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.

2 208
8 249
-
-
total
2 208
8 249
-
-
Dividends
12 514
46 751
-
-
withholding
2 440
9 630
-
-
total
2 440
9 630
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 212
17 879
24 785
25 175
After tax
32 788
37 121
30 215
29 825
Living cost
22 713
22 713
22 713
22 713
Free-cash
10 075
14 408
7 502
7 112

Estimated living cost  is ₽22713 per week

₽15331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
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.
₽4801
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
₽10232
₽7774
₽18401
₽12822
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
-
-
-
55 000
income
-
-
-
6 986
health
-
-
-
2 420
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.

-
-
-
13 199
other
-
-
-
2 613
total
-
-
-
25 218
Employee
29 990
-
43 931
-
income
5 163
-
7 563
-
health
420
-
614
-
unemployment
299
-
439
-
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.

2 099
-
3 075
-
total
7 981
-
11 691
-
Employer
29 990
-
43 931
-
unemployment
299
-
439
-
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.

5 099
-
7 469
-
other
1 500
-
2 196
-
accident
240
-
351
-
health
420
-
614
-
total
7 558
-
11 069
-
Corporate
17 452
55 000
-
-
income
3 665
11 550
-
-
total
3 665
11 550
-
-
Dividends
13 788
43 450
-
-
withholding
966
3 041
-
-
total
966
3 041
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 170
14 591
22 760
25 218
After tax
34 830
40 409
32 240
29 782
Living cost
22 008
22 008
22 008
22 008
Free-cash
12 822
18 401
10 232
7 774

Estimated living cost  is ₽22008 per week

₽15550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽4618
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
₽29404
₽28222
₽36198
₽32362
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
-
-
-
55 000
income
-
-
-
8 250
health
-
-
-
3 317
unemployment
-
-
-
115
pensions

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

-
-
-
4 269
total
-
-
-
15 951
Employee
14 336
-
49 341
-
income
1 433
-
4 934
-
health
659
-
1 327
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 259
-
2 533
-
total
3 509
-
9 111
-
Employer
14 336
-
49 341
-
unemployment
86
-
173
-
pensions

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

1 580
-
3 178
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 658
-
Corporate
37 851
55 000
-
-
income
3 785
5 500
-
-
total
3 785
5 500
-
-
Dividends
34 066
49 500
-
-
withholding
1 703
2 475
-
-
total
1 703
2 475
-
-
Income
55 000
55 000
55 000
55 000
Total tax
11 811
7 975
14 769
15 951
After tax
43 189
47 025
40 231
39 049
Living cost
10 827
10 827
10 827
10 827
Free-cash
32 362
36 198
29 404
28 222

Estimated living cost  is ₽10827 per week

₽6321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
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.
₽3446
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
₽4841
₽4533
-₽538
₽4340
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
-
-
-
55 000
income
-
-
-
2 840
social contributions
-
-
-
1 566
health
-
-
-
475
surtax
-
-
-
-
pensions
-
-
-
15 622
other
-
-
-
1 705
total
-
-
-
22 208
Employee
35 350
-
41 911
-
income
2 086
-
2 879
-
social contributions
1 008
-
1 193
-
surtax
-
-
-
-
pensions
3 997
-
4 740
-
total
7 091
-
8 812
-
Employer
35 350
-
41 911
-
unemployment
1 431
-
1 698
-
social contributions
107
-
125
-
pensions
5 807
-
6 886
-
other
1 219
-
1 445
-
health
2 475
-
2 934
-
total
11 039
-
13 088
-
Corporate
8 611
55 000
-
-
income
2 411
15 400
-
-
surtax
-
-
-
-
total
2 411
15 400
-
-
Dividends
6 200
39 600
-
-
withholding
793
5 069
-
-
surtax
-
-
-
-
social contributions
1 067
6 810
-
-
total
1 860
11 879
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 401
27 279
21 900
22 208
After tax
32 599
27 721
33 100
32 792
Living cost
28 259
28 259
28 259
28 259
Free-cash
4 340
-538
4 841
4 533

Estimated living cost  is ₽28259 per week

₽17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽7663
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
-₽27019
-₽3228
-₽22383
-₽27019
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
-
-
-
55 000
income
-
-
-
5 627
health
-
-
-
8 323
pensions
-
-
-
9 677
total
-
-
-
23 627
Employee
70 534
70 534
70 534
-
income

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

11 545
11 545
11 545
-
health
10 826
9 209
10 826
-
pensions
12 696
9 677
12 696
-
total
35 067
30 431
35 067
-
Employer
70 534
70 534
70 534
-
unemployment
2 539
2 539
2 539
-
pensions
4 909
4 909
4 909
-
health
4 903
4 903
4 903
-
total
12 351
12 351
12 351
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
47 418
42 782
47 418
23 627
After tax
7 582
12 218
7 582
31 373
Living cost
34 601
34 601
34 601
34 601
Free-cash
-27 019
-22 383
-27 019
-3 228

Estimated living cost  is ₽34601 per week

₽24521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
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.
₽6411
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
₽16444
₽13830
₽2872
₽12007
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.

-
-
-
55 000
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.

-
-
-
7 483
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.

-
-
-
5 643
trade
-
-
-
2 614
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.

-
-
-
412
total
-
-
-
16 152
Employee

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

31 591
-
55 000
-
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.

882
-
7 483
-
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.

5 643
-
5 643
-
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
-
412
-
total
6 574
-
13 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 409
55 000
-
-
chamber of commerce
158
204
-
-
income
3 511
8 249
-
-
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.

193
453
-
-
trade
3 687
8 663
-
-
total
7 549
17 569
-
-
Dividends
15 860
37 431
-
-
withholding
3 651
9 044
-
-
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
497
-
-
total
3 852
9 541
-
-
Income
55 000
55 000
55 000
55 000
Total tax
17 975
27 110
13 538
16 152
After tax
37 025
27 890
41 462
38 848
Living cost
25 018
25 018
25 018
25 018
Free-cash
12 007
2 872
16 444
13 830

Estimated living cost  is ₽25018 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽5897
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
₽19531
₽22947
₽17200
₽16802
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
-
-
-
55 000
income
-
-
-
2 947
social contributions
-
-
-
8 580
health
-
-
-
1 403
total
-
-
-
12 930
Employee
63 512
63 512
63 512
-
income
6 915
5 879
6 285
-
social contributions
2 401
5 271
4 144
-
health
492
1 080
850
-
total
9 808
12 230
11 279
-
Employer
63 512
63 512
63 512
-
social contributions
2 401
5 271
4 144
-
health
534
1 176
923
-
total
2 935
6 447
5 067
-
Corporate
23 132
-
-
-
income
2 892
-
-
-
total
2 892
-
-
-
Dividends
20 240
-
-
-
withholding
3 440
-
-
-
total
3 440
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 075
18 677
16 346
12 930
After tax
35 925
36 323
38 654
42 070
Living cost
19 123
19 123
19 123
19 123
Free-cash
16 802
17 200
19 531
22 947

Estimated living cost  is ₽19123 per week

₽11461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
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.
₽5364
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
₽3727
₽5537
₽5376
₽4544
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.

-
-
-
55 000
income
-
-
-
4 442
social contributions

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

-
-
-
19 113
surtax
-
-
-
-
total
-
-
-
23 555
Employee
37 988
-
44 445
-
income
7 902
-
9 921
-
social contributions
4 179
-
4 889
-
surtax
-
-
-
-
total
12 081
-
14 810
-
Employer
37 988
-
44 445
-
social contributions
9 022
-
10 555
-
total
9 022
-
10 555
-
Corporate
7 990
55 000
-
-
income
1 679
11 550
-
-
surtax
-
-
-
-
total
1 679
11 550
-
-
Dividends
6 311
43 450
-
-
withholding
1 766
12 166
-
-
total
1 766
12 166
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 548
23 716
25 365
23 555
After tax
30 452
31 284
29 635
31 445
Living cost
25 908
25 908
25 908
25 908
Free-cash
4 544
5 376
3 727
5 537

Estimated living cost  is ₽25908 per week

₽19384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽4563
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
₽37814
₽48264
₽46064
₽44904
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%.

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
7 732
-
55 000
-
income
1 546
-
11 000
-
total
1 546
-
11 000
-
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%.

47 268
55 000
-
-
total
-
-
-
-
Dividends
47 268
55 000
-
-
withholding
2 364
2 750
-
-
total
2 364
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
3 910
2 750
11 000
550
After tax
51 090
52 250
44 000
54 450
Living cost
6 186
6 186
6 186
6 186
Free-cash
44 904
46 064
37 814
48 264

Estimated living cost  is ₽6186 per week

₽3833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽5936
₽7511
₽15714
₽8805
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.

-
-
-
55 000
income
-
-
-
9 796
health
-
-
-
5 412
unemployment
-
-
-
83
pensions
-
-
-
10 044
total
-
-
-
25 335
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.

36 524
-
47 591
-
income
6 299
-
8 984
-
health
2 359
-
3 074
-
unemployment
52
-
67
-
pensions
5 662
-
7 376
-
total
14 372
-
19 501
-
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.

36 524
-
47 591
-
unemployment
22
-
28
-
pensions
3 232
-
4 212
-
health
2 433
-
3 169
-
total
5 687
-
7 409
-
Corporate
12 789
55 000
-
-
income
2 429
10 450
-
-
total
2 429
10 450
-
-
Dividends
10 360
44 550
-
-
withholding
1 553
6 682
-
-
total
1 553
6 682
-
-
Income
55 000
55 000
55 000
55 000
Total tax
24 041
17 132
26 910
25 335
After tax
30 959
37 868
28 090
29 665
Living cost
22 154
22 154
22 154
22 154
Free-cash
8 805
15 714
5 936
7 511

Estimated living cost  is ₽22154 per week

₽15204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
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.
₽5102
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
₽9982
-₽3924
₽1404
₽6188
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.

-
-
-
55 000
income
-
-
-
23 511
health

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

-
-
-
5 430
total
-
-
-
28 941
Employee
37 890
-
51 201
-
social contributions
3 796
-
3 799
-
income
4 111
-
7 437
-
total
7 907
-
11 236
-
Employer
37 890
-
51 201
-
social contributions
3 796
-
3 799
-
total
3 796
-
3 799
-
Corporate
13 314
55 000
-
-
income
4 660
19 249
-
-
total
4 660
19 249
-
-
Dividends
8 654
35 751
-
-
social contributions
2 466
4 364
-
-
total
2 466
4 364
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 829
23 613
15 035
28 941
After tax
36 171
31 387
39 965
26 059
Living cost
29 983
29 983
29 983
29 983
Free-cash
6 188
1 404
9 982
-3 924

Estimated living cost  is ₽29983 per week

₽19749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7409
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
₽15177
₽17809
₽16043
₽16470
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
-
-
-
55 000
income
-
-
-
8 249
social contributions
-
-
-
7 589
health
-
-
-
3 839
total
-
-
-
19 677
Employee
28 005
-
55 000
-
income
4 671
-
10 881
-
social contributions
3 865
-
7 589
-
health
1 955
-
3 839
-
total
10 491
-
22 309
-
Employer
28 005
-
55 000
-
total
-
-
-
-
Corporate
26 995
55 000
-
-
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%.

1 350
2 749
-
-
total
1 350
2 749
-
-
Dividends
25 646
52 251
-
-
withholding
3 846
7 837
-
-
health
1 790
3 647
-
-
social contributions
3 539
7 210
-
-
total
9 175
18 694
-
-
Income
55 000
55 000
55 000
55 000
Total tax
21 016
21 443
22 309
19 677
After tax
33 984
33 557
32 691
35 323
Living cost
17 514
17 514
17 514
17 514
Free-cash
16 470
16 043
15 177
17 809

Estimated living cost  is ₽17514 per week

₽11721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽4309
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
₽5239
₽4116
₽15195
₽7108
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
-
-
-
55 000
income
-
-
-
4 727
social contributions
-
-
-
16 060
solidarity contribution
-
-
-
-
health
-
-
-
7 425
total
-
-
-
28 212
Employee
33 342
-
41 045
-
solidarity contribution
-
-
-
-
income
4 001
-
4 925
-
social contributions
2 167
-
2 668
-
health
4 501
-
5 541
-
total
10 669
-
13 134
-
Employer
33 342
-
41 045
-
social contributions
8 335
-
10 261
-
health
3 001
-
3 694
-
total
11 336
-
13 955
-
Corporate
10 322
55 000
-
-
income
1 961
10 450
-
-
total
1 961
10 450
-
-
Dividends
8 361
44 550
-
-
withholding
1 254
6 683
-
-
total
1 254
6 683
-
-
Income
55 000
55 000
55 000
55 000
Total tax
25 220
17 133
27 089
28 212
After tax
29 780
37 867
27 911
26 788
Living cost
22 672
22 672
22 672
22 672
Free-cash
7 108
15 195
5 239
4 116

Estimated living cost  is ₽22672 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽4164
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
₽34361
₽44811
₽42611
₽40803
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%.

-
-
-
55 000
microenterprise

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

-
-
-
550
total
-
-
-
550
Employee
12 049
-
55 000
-
income
2 410
-
11 000
-
total
2 410
-
11 000
-
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%.

42 951
55 000
-
-
total
-
-
-
-
Dividends
42 951
55 000
-
-
withholding
2 148
2 750
-
-
total
2 148
2 750
-
-
Income
55 000
55 000
55 000
55 000
Total tax
4 558
2 750
11 000
550
After tax
50 442
52 250
44 000
54 450
Living cost
9 639
9 639
9 639
9 639
Free-cash
40 803
42 611
34 361
44 811

Estimated living cost  is ₽9639 per week

₽6523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
-₽6793
-₽7101
-₽12172
-₽12888
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
-
-
-
55 000
income
-
-
-
2 840
social contributions
-
-
-
1 566
health
-
-
-
475
surtax
-
-
-
-
pensions
-
-
-
15 622
other
-
-
-
1 705
total
-
-
-
22 208
Employee
51 731
-
41 911
-
income
4 514
-
2 879
-
social contributions
1 473
-
1 193
-
surtax
-
-
-
-
pensions
5 851
-
4 740
-
total
11 838
-
8 812
-
Employer
51 731
-
41 911
-
unemployment
2 096
-
1 698
-
social contributions
155
-
125
-
pensions
8 500
-
6 886
-
other
1 785
-
1 445
-
health
3 621
-
2 934
-
total
16 157
-
13 088
-
Corporate
-
55 000
-
-
income
-
15 400
-
-
surtax
-
-
-
-
total
-
15 400
-
-
Dividends
-
39 600
-
-
withholding
-
5 069
-
-
surtax
-
-
-
-
social contributions
-
6 810
-
-
total
-
11 879
-
-
Income
55 000
55 000
55 000
55 000
Total tax
27 995
27 279
21 900
22 208
After tax
27 005
27 721
33 100
32 792
Living cost
39 893
39 893
39 893
39 893
Free-cash
-12 888
-12 172
-6 793
-7 101

Estimated living cost  is ₽39893 per week

₽26999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽9083
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
₽15040
₽12758
₽25497
₽21445
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.

-
-
-
55 000
income
-
-
-
7 212
health
-
-
-
5 665
unemployment
-
-
-
825
pensions
-
-
-
14 300
total
-
-
-
28 002
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.

21 472
-
46 650
-
income
2 960
-
8 087
-
health
1 106
-
2 402
-
unemployment
161
-
350
-
pensions
3 006
-
6 531
-
total
7 233
-
17 370
-
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.

21 472
-
46 650
-
unemployment
161
-
350
-
pensions
2 577
-
5 598
-
health
1 106
-
2 402
-
total
3 844
-
8 350
-
Corporate
29 684
55 000
-
-
income
4 453
8 250
-
-
total
4 453
8 250
-
-
Dividends
25 231
46 750
-
-
withholding
3 785
7 013
-
-
total
3 785
7 013
-
-
Income
55 000
55 000
55 000
55 000
Total tax
19 315
15 263
25 720
28 002
After tax
35 685
39 737
29 280
26 998
Living cost
14 240
14 240
14 240
14 240
Free-cash
21 445
25 497
15 040
12 758

Estimated living cost  is ₽14240 per week

₽9588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽3139
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
-₽14256
-₽11425
-₽32662
-₽19102
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
-
-
-
55 000
regional
-
-
-
1 473
national
-
-
-
210
health
-
-
-
189
city
-
-
-
579
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.

-
-
-
1 100
pensions
-
-
-
5 060
total
-
-
-
8 611
Employee
67 657
-
49 228
-
regional
2 215
-
1 262
-
city
726
-
529
-
health
153
-
111
-
unemployment
-
-
-
-
national
320
-
177
-
pensions
5 684
-
4 134
-
total
9 098
-
6 213
-
Employer
67 657
-
49 228
-
unemployment
-
-
-
-
pensions
5 684
-
4 134
-
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.

1 353
-
984
-
health
153
-
111
-
total
7 190
-
5 229
-
Corporate
-
55 000
-
-
regional
-
11 632
-
-
national
-
4 674
-
-
total
-
16 306
-
-
Dividends
-
38 693
-
-
withholding
-
13 542
-
-
total
-
13 542
-
-
Income
55 000
55 000
55 000
55 000
Total tax
16 288
29 848
11 442
8 611
After tax
38 712
25 152
43 558
46 389
Living cost
57 814
57 814
57 814
57 814
Free-cash
-19 102
-32 662
-14 256
-11 425

Estimated living cost  is ₽57814 per week

₽37595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
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.
₽14320
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
₽1849
₽9886
₽6024
₽2315
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

-
-
-
55 000
municipal
-
-
-
9 810
national
-
-
-
3 091
health
-
-
-
502
total
-
-
-
13 403
Employee
43 455
-
46 268
-
health
324
-
368
-
unemployment
652
-
694
-
national
718
-
948
-
municipal
7 118
-
7 575
-
pensions
2 933
-
3 124
-
total
11 745
-
12 709
-
Employer
43 455
-
46 268
-
unemployment
282
-
301
-
pensions
7 539
-
8 027
-
accident
44
-
47
-
health
334
-
356
-
total
8 199
-
8 731
-
Corporate
3 345
55 000
-
-
income
669
11 000
-
-
total
669
11 000
-
-
Dividends

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

2 007
33 000
-
-
national
-
324
-
-
municipal
361
5 941
-
-
total
361
6 265
-
-
Income
55 000
55 000
55 000
55 000
Total tax
20 974
17 265
21 440
13 403
After tax
34 026
37 735
33 560
41 597
Living cost
31 711
31 711
31 711
31 711
Free-cash
2 315
6 024
1 849
9 886

Estimated living cost  is ₽31711 per week

₽20713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
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.
₽7444
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
-₽7023
-₽1691
₽833
-₽21280
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
-
-
-
55 000
national
-
-
-
16 611
social contributions
-
-
-
7 089
communal

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

-
-
-
2 875
total
-
-
-
26 575
Employee

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

59 081
-
42 597
-
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.

2 776
-
2 003
-
communal

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

3 082
-
2 221
-
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.

514
-
370
-
national
18 164
-
11 716
-
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.

4 431
-
3 194
-
total
28 967
-
19 504
-
Employer

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

59 081
-
42 597
-
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.

862
-
622
-
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.

5 235
-
3 774
-
surtax
6 699
-
4 831
-
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.

768
-
555
-
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.

3 633
-
2 621
-
total
17 197
-
12 403
-
Corporate
-
55 000
-
-
income
-
11 000
-
-
surtax
-
219
-
-
total
-
11 219
-
-
Dividends
-
43 780
-
-
withholding

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

-
12 832
-
-
total
-
12 832
-
-
Income
55 000
55 000
55 000
55 000
Total tax
46 164
24 051
31 907
26 575
After tax
8 836
30 949
23 093
28 425
Living cost
30 116
30 116
30 116
30 116
Free-cash
-21 280
833
-7 023
-1 691

Estimated living cost  is ₽30116 per week

₽19398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽7613
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
-₽4590
-₽6543
-₽3930
-₽8594
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
-
-
-
55 000
municipal
-
-
-
11 650
national
-
-
-
-
health
-
-
-
3 432
accident
-
-
-
110
unemployment
-
-
-
55
pensions
-
-
-
5 945
other
-
-
-
6 391
total
-
-
-
27 583
Employee
48 390
-
41 851
-
national
-
-
-
-
municipal
14 430
-
12 480
-
total
14 430
-
12 480
-
Employer
48 390
-
41 851
-
unemployment
1 277
-
1 105
-
pensions
5 231
-
4 524
-
other
5 623
-
4 863
-
accident
97
-
84
-
health
2 976
-
2 574
-
total
15 204
-
13 150
-
Corporate
-
55 000
-
-
income
-
12 100
-
-
total
-
12 100
-
-
Dividends
-
42 900
-
-
withholding
-
12 870
-
-
total
-
12 870
-
-
Income
55 000
55 000
55 000
55 000
Total tax
29 634
24 970
25 630
27 583
After tax
25 366
30 030
29 370
27 417
Living cost
33 960
33 960
33 960
33 960
Free-cash
-8 594
-3 930
-4 590
-6 543

Estimated living cost  is ₽33960 per week

₽22508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽7605
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
₽5886
₽371
-₽4176
-₽75062
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
-
-
-
55 000
income
-
-
-
10 721
social contributions
-
-
-
6 270
total
-
-
-
16 991
Employee
53 968
-
-
-
income
11 904
-
-
-
social contributions
4 425
-
631
-
total
16 329
-
631
-
Employer
53 968
-
-
-
social contributions
76 095
-
10 845
-
total
76 095
-
10 845
-
Corporate
-
55 000
-
-
income
-
12 100
-
-
total
-
12 100
-
-
Dividends
-
42 900
-
-
income
-
9 438
-
-
total
-
9 438
-
-
Income
55 000
55 000
55 000
55 000
Total tax
92 424
21 538
11 476
16 991
After tax
-37 424
33 462
43 524
38 009
Living cost
37 638
37 638
37 638
37 638
Free-cash
-75 062
-4 176
5 886
371

Estimated living cost  is ₽37638 per week

₽24421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3540
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽9197
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
₽11864
₽15280
₽9533
₽10204
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
-
-
-
55 000
income
-
-
-
2 947
social contributions
-
-
-
8 580
health
-
-
-
1 403
total
-
-
-
12 930
Employee
63 512
63 512
63 512
-
income
6 669
5 879
6 285
-
social contributions
3 086
5 271
4 144
-
health
632
1 080
850
-
total
10 387
12 230
11 279
-
Employer
63 512
63 512
63 512
-
social contributions
3 086
5 271
4 144
-
health
688
1 176
923
-
total
3 774
6 447
5 067
-
Corporate
14 048
-
-
-
income
1 756
-
-
-
total
1 756
-
-
-
Dividends
12 293
-
-
-
withholding
2 089
-
-
-
total
2 089
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 006
18 677
16 346
12 930
After tax
36 994
36 323
38 654
42 070
Living cost
26 790
26 790
26 790
26 790
Free-cash
10 204
9 533
11 864
15 280

Estimated living cost  is ₽26790 per week

₽18314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5934
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
₽5137
₽10972
₽11058
₽6474
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
-
-
-
55 000
income
-
-
-
10 281
pensions
-
-
-
3 595
total
-
-
-
13 876
Employee
41 388
-
48 861
-
income
7 537
-
8 822
-
health
540
-
694
-
pensions
3 159
-
4 056
-
total
11 236
-
13 572
-
Employer
41 388
-
48 861
-
pensions
4 182
-
5 211
-
health
787
-
928
-
total
4 969
-
6 139
-
Corporate
8 644
55 000
-
-
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.

1 643
10 449
-
-
total
1 643
10 449
-
-
Dividends
7 001
44 551
-
-
withholding
526
3 341
-
-
total
526
3 341
-
-
Income
55 000
55 000
55 000
55 000
Total tax
18 374
13 790
19 711
13 876
After tax
36 626
41 210
35 289
41 124
Living cost
30 152
30 152
30 152
30 152
Free-cash
6 474
11 058
5 137
10 972

Estimated living cost  is ₽30152 per week

₽20684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽6316
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
-₽6440
-₽3387
-₽3934
-₽14601
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
-
-
-
55 000
municipal
-
-
-
368
regional
-
-
-
880
national
-
-
-
10 089
social contributions
-
-
-
14 146
total
-
-
-
25 483
Employee
69 601
-
55 000
-
regional
1 051
-
759
-
social contributions
23 469
-
18 546
-
national
11 762
-
8 903
-
municipal
415
-
328
-
total
36 697
-
28 536
-
Employer
69 601
-
55 000
-
total
-
-
-
-
Corporate
-
55 000
-
-
nationa
-
13 201
-
-
municipal
-
2 650
-
-
total
-
15 851
-
-
Dividends
-
39 149
-
-
withholding
-
10 179
-
-
total
-
10 179
-
-
Income
55 000
55 000
55 000
55 000
Total tax
36 697
26 030
28 536
25 483
After tax
18 303
28 970
26 464
29 517
Living cost
32 904
32 904
32 904
32 904
Free-cash
-14 601
-3 934
-6 440
-3 387

Estimated living cost  is ₽32904 per week

₽23113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽10954
₽20622
-₽12821
₽1804
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
-
-
-
55 000
income
-
-
-
11 633
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 267
other
-
-
-
291
total
-
-
-
17 102
Employee
27 175
-
45 689
-
income
3 728
-
7 083
-
health
3 112
-
5 231
-
pensions
3 060
-
5 145
-
total
9 900
-
17 459
-
Employer
27 175
-
45 689
-
unemployment
666
-
1 119
-
pensions
4 419
-
7 429
-
accident
454
-
763
-
total
5 539
-
9 311
-
Corporate
22 286
55 000
-
-
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.

20 057
49 500
-
-
total
20 057
49 500
-
-
Dividends
2 229
5 500
-
-
withholding
424
1 045
-
-
total
424
1 045
-
-
Income
55 000
55 000
55 000
55 000
Total tax
35 920
50 545
26 770
17 102
After tax
19 080
4 455
28 230
37 898
Living cost
17 276
17 276
17 276
17 276
Free-cash
1 804
-12 821
10 954
20 622

Estimated living cost  is ₽17276 per week

₽12662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
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.
₽3297
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
₽9574
₽7192
-₽3432
₽7371
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.

-
-
-
55 000
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.

-
-
-
7 483
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.

-
-
-
5 643
trade
-
-
-
2 382
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.

-
-
-
412
total
-
-
-
15 920
Employee

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

41 097
-
55 000
-
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.

3 379
-
7 483
-
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.

5 643
-
5 643
-
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.

187
-
412
-
total
9 209
-
13 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
13 903
55 000
-
-
chamber of commerce
146
205
-
-
income
2 086
8 249
-
-
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.

114
453
-
-
trade
1 995
7 892
-
-
total
4 341
16 799
-
-
Dividends
9 562
38 200
-
-
withholding
2 077
9 237
-
-
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.

114
508
-
-
total
2 191
9 745
-
-
Income
55 000
55 000
55 000
55 000
Total tax
15 741
26 544
13 538
15 920
After tax
39 259
28 456
41 462
39 080
Living cost
31 888
31 888
31 888
31 888
Free-cash
7 371
-3 432
9 574
7 192

Estimated living cost  is ₽31888 per week

₽21997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽5997
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
₽14133
₽26968
₽26817
₽20041
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.

-
-
-
55 000
microenterprise
-
-
-
8 249
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.

-
-
-
2 600
surtax
-
-
-
-
total
-
-
-
10 849
Employee
24 135
-
44 323
-
income
4 296
-
8 131
-
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.

2 655
-
4 876
-
surtax
-
-
-
-
total
6 951
-
13 007
-
Employer
24 135
-
44 323
-
social contributions

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

5 814
-
10 677
-
surtax
-
-
-
-
total
5 814
-
10 677
-
Corporate
25 051
55 000
-
-
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%.

5 011
11 000
-
-
total
5 011
11 000
-
-
Dividends

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

20 040
44 000
-
-
total
-
-
-
-
Income
55 000
55 000
55 000
55 000
Total tax
17 776
11 000
23 684
10 849
After tax
37 224
44 000
31 316
44 151
Living cost
17 183
17 183
17 183
17 183
Free-cash
20 041
26 817
14 133
26 968

Estimated living cost  is ₽17183 per week

₽10963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4194
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
₽18054
₽18812
₽23649
₽21895
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
-
-
-
55 000
income
-
-
-
12 090
health
-
-
-
5 643
pensions
-
-
-
7 784
total
-
-
-
25 517
Employee
16 253
-
46 243
-
income
3 144
-
11 681
-
health
813
-
1 946
-
unemployment
163
-
389
-
pensions
1 463
-
3 503
-
total
5 583
-
17 519
-
Employer
16 253
-
46 243
-
unemployment
325
-
778
-
pensions
1 788
-
4 281
-
health
1 544
-
3 697
-
total
3 657
-
8 756
-
Corporate
35 090
55 000
-
-
income
7 720
12 100
-
-
total
7 720
12 100
-
-
Dividends
27 370
42 900
-
-
withholding
5 474
8 580
-
-
total
5 474
8 580
-
-
Income
55 000
55 000
55 000
55 000
Total tax
22 434
20 680
26 275
25 517
After tax
32 566
34 320
28 725
29 483
Living cost
10 671
10 671
10 671
10 671
Free-cash
21 895
23 649
18 054
18 812

Estimated living cost  is ₽10671 per week

₽6341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽244
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.
₽3220
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
₽10699
₽11900
₽16043
₽13415
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
-
-
-
55 000
income
-
-
-
8 752
health
-
-
-
3 904
unemployment
-
-
-
188
surtax
-
-
-
704
pensions
-
-
-
11 000
other
-
-
-
-
total
-
-
-
24 548
Employee
27 815
-
45 436
-
other
-
-
-
-
income
4 663
-
8 223
-
health
710
-
1 158
-
unemployment
1 936
-
3 163
-
surtax
99
-
613
-
pensions
1 856
-
3 030
-
total
9 264
-
16 187
-
Employer
27 815
-
45 436
-
unemployment
882
-
1 440
-
pensions
3 709
-
6 056
-
other
-
-
-
-
health
1 265
-
2 066
-
total
5 856
-
9 562
-
Corporate
21 329
55 000
-
-
income
5 546
14 300
-
-
total
5 546
14 300
-
-
Dividends
15 783
40 700
-
-
withholding
2 367
6 105
-
-
total
2 367
6 105
-
-
Income
55 000
55 000
55 000
55 000
Total tax
23 033
20 405
25 749
24 548
After tax
31 967
34 595
29 251
30 452
Living cost
18 552
18 552
18 552
18 552
Free-cash
13 415
16 043
10 699
11 900

Estimated living cost  is ₽18552 per week

₽11201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
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.
₽5309
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
-₽6380
₽3669
₽5033
₽4625
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
-
-
-
55 000
income
-
-
-
5 312
chamber of commerce
-
-
-
219
health
-
-
-