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
₽ 56000
per

Your estimated
City
free-cash

Valencia , Spain
₽7978
₽7581
₽15054
₽10715
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
-
-
-
56 000
income
-
-
-
8 881
accident
-
-
-
504
unemployment
-
-
-
392
pensions
-
-
-
15 847
other
-
-
-
56
total
-
-
-
25 680
Employee
30 575
-
42 464
-
other
30
-
42
-
income
5 895
-
9 052
-
unemployment
474
-
657
-
pensions
1 437
-
1 996
-
total
7 836
-
11 747
-
Employer
30 575
-
42 464
-
unemployment
1 682
-
2 335
-
pensions
7 215
-
10 021
-
other
245
-
339
-
accident
606
-
841
-
total
9 748
-
13 536
-
Corporate
15 677
56 000
-
-
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.

2 352
8 400
-
-
total
2 352
8 400
-
-
Dividends
13 325
47 600
-
-
withholding
2 610
9 807
-
-
total
2 610
9 807
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 546
18 207
25 283
25 680
After tax
33 454
37 793
30 717
30 320
Living cost
22 739
22 739
22 739
22 739
Free-cash
10 715
15 054
7 978
7 581

Estimated living cost  is ₽22739 per week

₽15348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4806
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
₽10791
₽8289
₽19108
₽13522
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
-
-
-
56 000
income
-
-
-
7 113
health
-
-
-
2 464
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.

-
-
-
13 440
other
-
-
-
2 660
total
-
-
-
25 677
Employee
30 024
-
44 728
-
income
5 169
-
7 700
-
health
421
-
626
-
unemployment
300
-
447
-
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.

2 101
-
3 131
-
total
7 991
-
11 904
-
Employer
30 024
-
44 728
-
unemployment
300
-
447
-
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.

5 105
-
7 604
-
other
1 502
-
2 236
-
accident
240
-
358
-
health
421
-
626
-
total
7 568
-
11 271
-
Corporate
18 409
56 000
-
-
income
3 867
11 760
-
-
total
3 867
11 760
-
-
Dividends
14 543
44 240
-
-
withholding
1 018
3 098
-
-
total
1 018
3 098
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 444
14 858
23 175
25 677
After tax
35 556
41 142
32 825
30 323
Living cost
22 034
22 034
22 034
22 034
Free-cash
13 522
19 108
10 791
8 289

Estimated living cost  is ₽22034 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
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.
₽4623
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
₽30317
₽29084
₽37060
₽33226
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
-
-
-
56 000
income
-
-
-
8 400
health
-
-
-
3 315
unemployment
-
-
-
115
pensions

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

-
-
-
4 266
total
-
-
-
16 096
Employee
14 327
-
50 345
-
income
1 432
-
5 034
-
health
659
-
1 326
-
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.

1 258
-
2 531
-
total
3 507
-
9 208
-
Employer
14 327
-
50 345
-
unemployment
86
-
173
-
pensions

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

1 579
-
3 176
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
989
-
1 989
-
total
2 812
-
5 655
-
Corporate
38 862
56 000
-
-
income
3 886
5 600
-
-
total
3 886
5 600
-
-
Dividends
34 976
50 400
-
-
withholding
1 749
2 520
-
-
total
1 749
2 520
-
-
Income
56 000
56 000
56 000
56 000
Total tax
11 954
8 120
14 863
16 096
After tax
44 046
47 880
41 137
39 904
Living cost
10 820
10 820
10 820
10 820
Free-cash
33 226
37 060
30 317
29 084

Estimated living cost  is ₽10820 per week

₽6317
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.
₽3444
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
₽5367
₽5078
-₽65
₽4817
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
-
-
-
56 000
income
-
-
-
2 931
social contributions
-
-
-
1 594
health
-
-
-
485
surtax
-
-
-
-
pensions
-
-
-
15 885
other
-
-
-
1 736
total
-
-
-
22 631
Employee
35 390
-
42 671
-
income
2 089
-
2 969
-
social contributions
1 009
-
1 216
-
surtax
-
-
-
-
pensions
4 001
-
4 827
-
total
7 099
-
9 012
-
Employer
35 390
-
42 671
-
unemployment
1 433
-
1 728
-
social contributions
107
-
129
-
pensions
5 814
-
7 013
-
other
1 221
-
1 472
-
health
2 478
-
2 988
-
total
11 053
-
13 330
-
Corporate
9 558
56 000
-
-
income
2 675
15 679
-
-
surtax
-
-
-
-
total
2 675
15 679
-
-
Dividends
6 883
40 321
-
-
withholding
880
5 161
-
-
surtax
-
-
-
-
social contributions
1 185
6 934
-
-
total
2 065
12 095
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 892
27 774
22 342
22 631
After tax
33 108
28 226
33 658
33 369
Living cost
28 291
28 291
28 291
28 291
Free-cash
4 817
-65
5 367
5 078

Estimated living cost  is ₽28291 per week

₽17839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7672
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
-₽26112
-₽2703
-₽21470
-₽26112
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
-
-
-
56 000
income
-
-
-
5 989
health
-
-
-
8 386
pensions
-
-
-
9 688
total
-
-
-
24 063
Employee
70 614
70 614
70 614
-
income

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

11 558
11 558
11 558
-
health
10 838
9 219
10 838
-
pensions
12 711
9 688
12 711
-
total
35 107
30 465
35 107
-
Employer
70 614
70 614
70 614
-
unemployment
2 542
2 542
2 542
-
pensions
4 915
4 915
4 915
-
health
4 908
4 908
4 908
-
total
12 365
12 365
12 365
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
47 472
42 830
47 472
24 063
After tax
8 528
13 170
8 528
31 937
Living cost
34 640
34 640
34 640
34 640
Free-cash
-26 112
-21 470
-26 112
-2 703

Estimated living cost  is ₽34640 per week

₽24549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽6418
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
₽17091
₽14326
₽3346
₽12493
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.

-
-
-
56 000
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.

-
-
-
7 786
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.

-
-
-
5 649
trade
-
-
-
2 765
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.

-
-
-
428
total
-
-
-
16 628
Employee

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

31 627
-
56 000
-
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.

883
-
7 786
-
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.

5 649
-
5 649
-
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
-
428
-
total
6 581
-
13 863
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 373
56 000
-
-
chamber of commerce
160
206
-
-
income
3 656
8 400
-
-
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
461
-
-
trade
3 838
8 820
-
-
total
7 855
17 887
-
-
Dividends
16 517
38 113
-
-
withholding
3 815
9 214
-
-
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.

210
507
-
-
total
4 025
9 721
-
-
Income
56 000
56 000
56 000
56 000
Total tax
18 461
27 608
13 863
16 628
After tax
37 539
28 392
42 137
39 372
Living cost
25 046
25 046
25 046
25 046
Free-cash
12 493
3 346
17 091
14 326

Estimated living cost  is ₽25046 per week

₽15755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽5903
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
₽20343
₽23549
₽18157
₽17501
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
-
-
-
56 000
income
-
-
-
3 142
social contributions
-
-
-
8 736
health
-
-
-
1 428
total
-
-
-
13 306
Employee
63 585
63 585
63 585
-
income
6 923
5 886
6 267
-
social contributions
2 404
5 277
4 220
-
health
493
1 081
865
-
total
9 820
12 244
11 352
-
Employer
63 585
63 585
63 585
-
social contributions
2 404
5 277
4 220
-
health
535
1 177
940
-
total
2 939
6 454
5 160
-
Corporate
24 096
-
-
-
income
3 011
-
-
-
total
3 011
-
-
-
Dividends
21 085
-
-
-
withholding
3 584
-
-
-
total
3 584
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 354
18 698
16 512
13 306
After tax
36 646
37 302
39 488
42 694
Living cost
19 145
19 145
19 145
19 145
Free-cash
17 501
18 157
20 343
23 549

Estimated living cost  is ₽19145 per week

₽11474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5370
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
₽4157
₽6049
₽5916
₽5083
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.

-
-
-
56 000
income
-
-
-
4 554
social contributions

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

-
-
-
19 460
surtax
-
-
-
-
total
-
-
-
24 014
Employee
38 031
-
45 253
-
income
7 911
-
10 181
-
social contributions
4 183
-
4 978
-
surtax
-
-
-
-
total
12 094
-
15 159
-
Employer
38 031
-
45 253
-
social contributions
9 032
-
10 747
-
total
9 032
-
10 747
-
Corporate
8 937
56 000
-
-
income
1 877
11 760
-
-
surtax
-
-
-
-
total
1 877
11 760
-
-
Dividends
7 060
44 240
-
-
withholding
1 977
12 387
-
-
total
1 977
12 387
-
-
Income
56 000
56 000
56 000
56 000
Total tax
24 980
24 147
25 906
24 014
After tax
31 020
31 853
30 094
31 986
Living cost
25 937
25 937
25 937
25 937
Free-cash
5 083
5 916
4 157
6 049

Estimated living cost  is ₽25937 per week

₽19406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4568
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
₽38614
₽49254
₽47014
₽45855
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%.

-
-
-
56 000
microenterprise

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

-
-
-
560
total
-
-
-
560
Employee
7 732
-
56 000
-
income
1 546
-
11 200
-
total
1 546
-
11 200
-
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%.

48 268
56 000
-
-
total
-
-
-
-
Dividends
48 268
56 000
-
-
withholding
2 413
2 800
-
-
total
2 413
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
3 959
2 800
11 200
560
After tax
52 041
53 200
44 800
55 440
Living cost
6 186
6 186
6 186
6 186
Free-cash
45 855
47 014
38 614
49 254

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
₽6358
₽7965
₽16376
₽9459
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.

-
-
-
56 000
income
-
-
-
10 034
health
-
-
-
5 511
unemployment
-
-
-
85
pensions
-
-
-
10 226
total
-
-
-
25 856
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.

36 566
-
48 454
-
income
6 306
-
9 208
-
health
2 362
-
3 131
-
unemployment
52
-
67
-
pensions
5 668
-
7 510
-
total
14 388
-
19 916
-
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.

36 566
-
48 454
-
unemployment
22
-
30
-
pensions
3 236
-
4 289
-
health
2 435
-
3 228
-
total
5 693
-
7 547
-
Corporate
13 741
56 000
-
-
income
2 611
10 641
-
-
total
2 611
10 641
-
-
Dividends
11 130
45 359
-
-
withholding
1 670
6 804
-
-
total
1 670
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
24 362
17 445
27 463
25 856
After tax
31 638
38 555
28 537
30 144
Living cost
22 179
22 179
22 179
22 179
Free-cash
9 459
16 376
6 358
7 965

Estimated living cost  is ₽22179 per week

₽15221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5108
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
₽10694
-₽2986
₽2015
₽6804
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.

-
-
-
56 000
income
-
-
-
23 538
health

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

-
-
-
5 431
total
-
-
-
28 969
Employee
37 933
-
52 196
-
social contributions
3 801
-
3 804
-
income
4 116
-
7 681
-
total
7 917
-
11 485
-
Employer
37 933
-
52 196
-
social contributions
3 801
-
3 804
-
total
3 801
-
3 804
-
Corporate
14 266
56 000
-
-
income
4 993
19 599
-
-
total
4 993
19 599
-
-
Dividends
9 273
36 401
-
-
social contributions
2 468
4 369
-
-
total
2 468
4 369
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 179
23 968
15 289
28 969
After tax
36 821
32 032
40 711
27 031
Living cost
30 017
30 017
30 017
30 017
Free-cash
6 804
2 015
10 694
-2 986

Estimated living cost  is ₽30017 per week

₽19772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7418
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
₽15721
₽18429
₽16633
₽17060
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
-
-
-
56 000
income
-
-
-
8 400
social contributions
-
-
-
7 728
health
-
-
-
3 909
total
-
-
-
20 037
Employee
28 037
-
56 000
-
income
4 676
-
11 108
-
social contributions
3 870
-
7 728
-
health
1 957
-
3 909
-
total
10 503
-
22 745
-
Employer
28 037
-
56 000
-
total
-
-
-
-
Corporate
27 963
56 000
-
-
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%.

1 398
2 799
-
-
total
1 398
2 799
-
-
Dividends
26 565
53 201
-
-
withholding
3 984
7 979
-
-
health
1 855
3 713
-
-
social contributions
3 666
7 342
-
-
total
9 505
19 034
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 406
21 833
22 745
20 037
After tax
34 594
34 167
33 255
35 963
Living cost
17 534
17 534
17 534
17 534
Free-cash
17 060
16 633
15 721
18 429

Estimated living cost  is ₽17534 per week

₽11734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
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.
₽4314
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
₽5753
₽4610
₽15891
₽7804
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
-
-
-
56 000
income
-
-
-
4 813
social contributions
-
-
-
16 352
solidarity contribution
-
-
-
-
health
-
-
-
7 560
total
-
-
-
28 725
Employee
33 331
-
41 791
-
solidarity contribution
-
-
-
-
income
4 000
-
5 015
-
social contributions
2 167
-
2 716
-
health
4 500
-
5 642
-
total
10 667
-
13 373
-
Employer
33 331
-
41 791
-
social contributions
8 333
-
10 448
-
health
3 000
-
3 761
-
total
11 333
-
14 209
-
Corporate
11 336
56 000
-
-
income
2 154
10 640
-
-
total
2 154
10 640
-
-
Dividends
9 182
45 360
-
-
withholding
1 377
6 804
-
-
total
1 377
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 531
17 444
27 582
28 725
After tax
30 469
38 556
28 418
27 275
Living cost
22 665
22 665
22 665
22 665
Free-cash
7 804
15 891
5 753
4 610

Estimated living cost  is ₽22665 per week

₽16855
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.
₽4162
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
₽35161
₽45801
₽43561
₽41753
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%.

-
-
-
56 000
microenterprise

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

-
-
-
560
total
-
-
-
560
Employee
12 049
-
56 000
-
income
2 410
-
11 200
-
total
2 410
-
11 200
-
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%.

43 951
56 000
-
-
total
-
-
-
-
Dividends
43 951
56 000
-
-
withholding
2 198
2 800
-
-
total
2 198
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
4 608
2 800
11 200
560
After tax
51 392
53 200
44 800
55 440
Living cost
9 639
9 639
9 639
9 639
Free-cash
41 753
43 561
35 161
45 801

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
-₽6280
-₽6569
-₽11712
-₽11965
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
-
-
-
56 000
income
-
-
-
2 931
social contributions
-
-
-
1 594
health
-
-
-
485
surtax
-
-
-
-
pensions
-
-
-
15 885
other
-
-
-
1 736
total
-
-
-
22 631
Employee
51 790
-
42 671
-
income
4 519
-
2 969
-
social contributions
1 475
-
1 216
-
surtax
-
-
-
-
pensions
5 858
-
4 827
-
total
11 852
-
9 012
-
Employer
51 790
-
42 671
-
unemployment
2 098
-
1 728
-
social contributions
155
-
129
-
pensions
8 510
-
7 013
-
other
1 787
-
1 472
-
health
3 625
-
2 988
-
total
16 175
-
13 330
-
Corporate
-
56 000
-
-
income
-
15 679
-
-
surtax
-
-
-
-
total
-
15 679
-
-
Dividends
-
40 321
-
-
withholding
-
5 161
-
-
surtax
-
-
-
-
social contributions
-
6 934
-
-
total
-
12 095
-
-
Income
56 000
56 000
56 000
56 000
Total tax
28 027
27 774
22 342
22 631
After tax
27 973
28 226
33 658
33 369
Living cost
39 938
39 938
39 938
39 938
Free-cash
-11 965
-11 712
-6 280
-6 569

Estimated living cost  is ₽39938 per week

₽27029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
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.
₽9094
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
₽15475
₽13215
₽26210
₽22155
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.

-
-
-
56 000
income
-
-
-
7 367
health
-
-
-
5 768
unemployment
-
-
-
840
pensions
-
-
-
14 560
total
-
-
-
28 535
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.

21 488
-
47 498
-
income
2 962
-
8 321
-
health
1 107
-
2 446
-
unemployment
161
-
356
-
pensions
3 008
-
6 650
-
total
7 238
-
17 773
-
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.

21 488
-
47 498
-
unemployment
161
-
356
-
pensions
2 579
-
5 700
-
health
1 107
-
2 446
-
total
3 847
-
8 502
-
Corporate
30 666
56 000
-
-
income
4 600
8 400
-
-
total
4 600
8 400
-
-
Dividends
26 066
47 600
-
-
withholding
3 910
7 140
-
-
total
3 910
7 140
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 595
15 540
26 275
28 535
After tax
36 405
40 460
29 725
27 465
Living cost
14 250
14 250
14 250
14 250
Free-cash
22 155
26 210
15 475
13 215

Estimated living cost  is ₽14250 per week

₽9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
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.
₽3141
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
-₽13537
-₽10661
-₽32260
-₽18171
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
-
-
-
56 000
regional
-
-
-
1 522
national
-
-
-
218
health
-
-
-
189
city
-
-
-
590
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.

-
-
-
1 121
pensions
-
-
-
5 153
total
-
-
-
8 793
Employee
67 720
-
50 123
-
regional
2 217
-
1 302
-
city
727
-
538
-
health
153
-
113
-
unemployment
-
-
-
-
national
321
-
183
-
pensions
5 689
-
4 209
-
total
9 107
-
6 345
-
Employer
67 720
-
50 123
-
unemployment
-
-
-
-
pensions
5 689
-
4 209
-
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.

1 354
-
1 002
-
health
153
-
113
-
total
7 196
-
5 324
-
Corporate
-
56 000
-
-
regional
-
11 844
-
-
national
-
4 760
-
-
total
-
16 604
-
-
Dividends
-
39 396
-
-
withholding
-
13 788
-
-
total
-
13 788
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 303
30 392
11 669
8 793
After tax
39 697
25 608
44 331
47 207
Living cost
57 868
57 868
57 868
57 868
Free-cash
-18 171
-32 260
-13 537
-10 661

Estimated living cost  is ₽57868 per week

₽37631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5193
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.
₽14333
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
₽2313
₽10496
₽6647
₽2966
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

-
-
-
56 000
municipal
-
-
-
9 986
national
-
-
-
3 253
health
-
-
-
518
total
-
-
-
13 757
Employee
43 505
-
47 110
-
health
325
-
380
-
unemployment
653
-
706
-
national
719
-
1 073
-
municipal
7 126
-
7 713
-
pensions
2 936
-
3 179
-
total
11 759
-
13 051
-
Employer
43 505
-
47 110
-
unemployment
282
-
306
-
pensions
7 548
-
8 174
-
accident
44
-
47
-
health
334
-
362
-
total
8 208
-
8 889
-
Corporate
4 287
56 000
-
-
income
857
11 199
-
-
total
857
11 199
-
-
Dividends

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

2 572
33 600
-
-
national
-
359
-
-
municipal
463
6 048
-
-
total
463
6 407
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 287
17 606
21 940
13 757
After tax
34 713
38 394
34 060
42 243
Living cost
31 747
31 747
31 747
31 747
Free-cash
2 966
6 647
2 313
10 496

Estimated living cost  is ₽31747 per week

₽20737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽7452
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
-₽6722
-₽1331
₽1356
-₽20367
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
-
-
-
56 000
national
-
-
-
16 964
social contributions
-
-
-
7 295
communal

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

-
-
-
2 922
total
-
-
-
27 181
Employee

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

59 149
-
43 374
-
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.

2 779
-
2 038
-
communal

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

3 085
-
2 263
-
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.

515
-
377
-
national
18 185
-
12 015
-
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.

4 436
-
3 253
-
total
29 000
-
19 946
-
Employer

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

59 149
-
43 374
-
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.

863
-
634
-
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.

5 241
-
3 843
-
surtax
6 707
-
4 918
-
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.

769
-
563
-
health

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

3 637
-
2 668
-
total
17 217
-
12 626
-
Corporate
-
56 000
-
-
income
-
11 199
-
-
surtax
-
224
-
-
total
-
11 423
-
-
Dividends
-
44 576
-
-
withholding

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

-
13 071
-
-
total
-
13 071
-
-
Income
56 000
56 000
56 000
56 000
Total tax
46 217
24 494
32 572
27 181
After tax
9 783
31 506
23 428
28 819
Living cost
30 150
30 150
30 150
30 150
Free-cash
-20 367
1 356
-6 722
-1 331

Estimated living cost  is ₽30150 per week

₽19420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
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.
₽7622
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
-₽4102
-₽6091
-₽3431
-₽7682
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
-
-
-
56 000
municipal
-
-
-
11 861
national
-
-
-
-
health
-
-
-
3 494
accident
-
-
-
112
unemployment
-
-
-
56
pensions
-
-
-
6 054
other
-
-
-
6 507
total
-
-
-
28 084
Employee
48 457
-
42 612
-
national
-
-
-
-
municipal
14 450
-
12 707
-
total
14 450
-
12 707
-
Employer
48 457
-
42 612
-
unemployment
1 279
-
1 125
-
pensions
5 238
-
4 606
-
other
5 631
-
4 951
-
accident
97
-
85
-
health
2 980
-
2 621
-
total
15 225
-
13 388
-
Corporate
-
56 000
-
-
income
-
12 320
-
-
total
-
12 320
-
-
Dividends
-
43 680
-
-
withholding
-
13 104
-
-
total
-
13 104
-
-
Income
56 000
56 000
56 000
56 000
Total tax
29 675
25 424
26 095
28 084
After tax
26 325
30 576
29 905
27 916
Living cost
34 007
34 007
34 007
34 007
Free-cash
-7 682
-3 431
-4 102
-6 091

Estimated living cost  is ₽34007 per week

₽22538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
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.
₽7615
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
₽6807
₽1001
-₽3629
-₽74273
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
-
-
-
56 000
income
-
-
-
10 916
social contributions
-
-
-
6 384
total
-
-
-
17 300
Employee
54 055
-
-
-
income
11 923
-
-
-
social contributions
4 433
-
632
-
total
16 356
-
632
-
Employer
54 055
-
-
-
social contributions
76 218
-
10 862
-
total
76 218
-
10 862
-
Corporate
-
56 000
-
-
income
-
12 320
-
-
total
-
12 320
-
-
Dividends
-
43 680
-
-
income
-
9 610
-
-
total
-
9 610
-
-
Income
56 000
56 000
56 000
56 000
Total tax
92 574
21 930
11 494
17 300
After tax
-36 574
34 070
44 506
38 700
Living cost
37 699
37 699
37 699
37 699
Free-cash
-74 273
-3 629
6 807
1 001

Estimated living cost  is ₽37699 per week

₽24461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
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.
₽9212
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
₽12667
₽15873
₽10482
₽10895
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
-
-
-
56 000
income
-
-
-
3 142
social contributions
-
-
-
8 736
health
-
-
-
1 428
total
-
-
-
13 306
Employee
63 585
63 585
63 585
-
income
6 677
5 886
6 267
-
social contributions
3 090
5 277
4 220
-
health
632
1 081
865
-
total
10 399
12 244
11 352
-
Employer
63 585
63 585
63 585
-
social contributions
3 090
5 277
4 220
-
health
689
1 177
940
-
total
3 779
6 454
5 160
-
Corporate
15 002
-
-
-
income
1 875
-
-
-
total
1 875
-
-
-
Dividends
13 127
-
-
-
withholding
2 231
-
-
-
total
2 231
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
18 284
18 698
16 512
13 306
After tax
37 716
37 302
39 488
42 694
Living cost
26 820
26 820
26 820
26 820
Free-cash
10 895
10 482
12 667
15 873

Estimated living cost  is ₽26820 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2095
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.
₽5941
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
₽5665
₽11631
₽11736
₽7143
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
-
-
-
56 000
income
-
-
-
10 464
pensions
-
-
-
3 681
total
-
-
-
14 145
Employee
41 487
-
49 728
-
income
7 555
-
8 973
-
health
541
-
710
-
pensions
3 166
-
4 156
-
total
11 262
-
13 839
-
Employer
41 487
-
49 728
-
pensions
4 192
-
5 328
-
health
788
-
944
-
total
4 980
-
6 272
-
Corporate
9 533
56 000
-
-
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.

1 812
10 639
-
-
total
1 812
10 639
-
-
Dividends
7 721
45 361
-
-
withholding
579
3 401
-
-
total
579
3 401
-
-
Income
56 000
56 000
56 000
56 000
Total tax
18 633
14 040
20 111
14 145
After tax
37 367
41 960
35 889
41 855
Living cost
30 224
30 224
30 224
30 224
Free-cash
7 143
11 736
5 665
11 631

Estimated living cost  is ₽30224 per week

₽20734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6331
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
-₽6017
-₽2910
-₽3446
-₽13681
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
-
-
-
56 000
municipal
-
-
-
375
regional
-
-
-
900
national
-
-
-
10 289
social contributions
-
-
-
14 404
total
-
-
-
25 968
Employee
69 680
-
56 000
-
regional
1 052
-
778
-
social contributions
23 496
-
18 884
-
national
11 775
-
9 079
-
municipal
416
-
334
-
total
36 739
-
29 075
-
Employer
69 680
-
56 000
-
total
-
-
-
-
Corporate
-
56 000
-
-
nationa
-
13 440
-
-
municipal
-
2 699
-
-
total
-
16 139
-
-
Dividends
-
39 861
-
-
withholding
-
10 365
-
-
total
-
10 365
-
-
Income
56 000
56 000
56 000
56 000
Total tax
36 739
26 504
29 075
25 968
After tax
19 261
29 496
26 925
30 032
Living cost
32 942
32 942
32 942
32 942
Free-cash
-13 681
-3 446
-6 017
-2 910

Estimated living cost  is ₽32942 per week

₽23139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7038
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
₽11378
₽21287
-₽12757
₽1884
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
-
-
-
56 000
income
-
-
-
11 946
health
-
-
-
1 714
accident
-
-
-
198
pensions
-
-
-
3 271
other
-
-
-
291
total
-
-
-
17 420
Employee
27 203
-
46 520
-
income
3 732
-
7 284
-
health
3 115
-
5 326
-
pensions
3 063
-
5 238
-
total
9 910
-
17 848
-
Employer
27 203
-
46 520
-
unemployment
666
-
1 140
-
pensions
4 423
-
7 564
-
accident
454
-
777
-
total
5 543
-
9 481
-
Corporate
23 253
56 000
-
-
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.

20 928
50 400
-
-
total
20 928
50 400
-
-
Dividends
2 325
5 600
-
-
withholding
442
1 064
-
-
total
442
1 064
-
-
Income
56 000
56 000
56 000
56 000
Total tax
36 823
51 464
27 329
17 420
After tax
19 177
4 536
28 671
38 580
Living cost
17 293
17 293
17 293
17 293
Free-cash
1 884
-12 757
11 378
21 287

Estimated living cost  is ₽17293 per week

₽12674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
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.
₽3300
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
₽10213
₽7694
-₽2955
₽7860
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.

-
-
-
56 000
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.

-
-
-
7 786
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.

-
-
-
5 649
trade
-
-
-
2 519
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.

-
-
-
428
total
-
-
-
16 382
Employee

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

41 143
-
56 000
-
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.

3 383
-
7 786
-
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.

5 649
-
5 649
-
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
-
428
-
total
9 219
-
13 863
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
14 857
56 000
-
-
chamber of commerce
148
207
-
-
income
2 228
8 400
-
-
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.

122
461
-
-
trade
2 133
8 036
-
-
total
4 631
17 104
-
-
Dividends
10 226
38 896
-
-
withholding
2 242
9 409
-
-
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.

124
518
-
-
total
2 366
9 927
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 216
27 031
13 863
16 382
After tax
39 784
28 969
42 137
39 618
Living cost
31 924
31 924
31 924
31 924
Free-cash
7 860
-2 955
10 213
7 694

Estimated living cost  is ₽31924 per week

₽22022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽6004
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
₽14667
₽27794
₽27598
₽20815
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.

-
-
-
56 000
microenterprise
-
-
-
8 400
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.

-
-
-
2 603
surtax
-
-
-
-
total
-
-
-
11 003
Employee
24 162
-
45 129
-
income
4 301
-
8 296
-
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.

2 658
-
4 963
-
surtax
-
-
-
-
total
6 959
-
13 259
-
Employer
24 162
-
45 129
-
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.

5 820
-
10 871
-
surtax
-
-
-
-
total
5 820
-
10 871
-
Corporate
26 017
56 000
-
-
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%.

5 203
11 199
-
-
total
5 203
11 199
-
-
Dividends

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

20 814
44 801
-
-
total
-
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
17 982
11 199
24 130
11 003
After tax
38 018
44 801
31 870
44 997
Living cost
17 203
17 203
17 203
17 203
Free-cash
20 815
27 598
14 667
27 794

Estimated living cost  is ₽17203 per week

₽10975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4199
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
₽18690
₽19450
₽24265
₽22511
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
-
-
-
56 000
income
-
-
-
12 435
health
-
-
-
5 647
pensions
-
-
-
7 789
total
-
-
-
25 871
Employee
16 264
-
47 237
-
income
3 146
-
12 026
-
health
813
-
1 947
-
unemployment
163
-
390
-
pensions
1 464
-
3 505
-
total
5 586
-
17 868
-
Employer
16 264
-
47 237
-
unemployment
325
-
779
-
pensions
1 789
-
4 284
-
health
1 545
-
3 700
-
total
3 659
-
8 763
-
Corporate
36 076
56 000
-
-
income
7 937
12 320
-
-
total
7 937
12 320
-
-
Dividends
28 139
43 680
-
-
withholding
5 628
8 736
-
-
total
5 628
8 736
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 810
21 056
26 631
25 871
After tax
33 190
34 944
29 369
30 129
Living cost
10 679
10 679
10 679
10 679
Free-cash
22 511
24 265
18 690
19 450

Estimated living cost  is ₽10679 per week

₽6346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽245
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.
₽3222
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
₽11137
₽12365
₽16650
₽14021
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
-
-
-
56 000
income
-
-
-
8 960
health
-
-
-
3 976
unemployment
-
-
-
188
surtax
-
-
-
739
pensions
-
-
-
11 199
other
-
-
-
-
total
-
-
-
25 062
Employee
27 847
-
46 260
-
other
-
-
-
-
income
4 668
-
8 420
-
health
711
-
1 180
-
unemployment
1 938
-
3 220
-
surtax
99
-
645
-
pensions
1 858
-
3 085
-
total
9 274
-
16 550
-
Employer
27 847
-
46 260
-
unemployment
883
-
1 467
-
pensions
3 713
-
6 167
-
other
-
-
-
-
health
1 266
-
2 106
-
total
5 862
-
9 740
-
Corporate
22 290
56 000
-
-
income
5 795
14 561
-
-
total
5 795
14 561
-
-
Dividends
16 495
41 439
-
-
withholding
2 475
6 216
-
-
total
2 475
6 216
-
-
Income
56 000
56 000
56 000
56 000
Total tax
23 406
20 777
26 290
25 062
After tax
32 594
35 223
29 710
30 938
Living cost
18 573
18 573
18 573
18 573
Free-cash
14 021
16 650
11 137
12 365

Estimated living cost  is ₽18573 per week

₽11213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5315
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
-₽6181
₽4119
₽5546
₽5140
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
-
-
-
56 000
income
-
-
-
5 560
chamber of commerce
-
-
-
224
health
-
-
-