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
₽11048
₽8221
₽7824
₽15332
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
unemployment
-
-
-
392
income
-
-
-
8 917
other
-
-
-
56
accident
-
-
-
504
pensions
-
-
-
15 848
total
-
-
-
25 717
Employee
30 199
-
42 463
-
unemployment
468
-
659
-
pensions
1 420
-
1 996
-
income
5 822
-
9 086
-
other
29
-
42
-
total
7 739
-
11 783
-
Employer
30 199
-
42 463
-
pensions
7 126
-
10 022
-
accident
598
-
840
-
unemployment
1 661
-
2 336
-
other
242
-
339
-
total
9 627
-
13 537
-
Corporate
16 173
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.

2 426
8 400
-
-
total
2 426
8 400
-
-
Dividends
13 747
47 600
-
-
withholding
2 701
9 809
-
-
total
2 701
9 809
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 493
18 209
25 320
25 717
After tax
33 507
37 791
30 680
30 283
Living cost
22 459
22 459
22 459
22 459
Free-cash
11 048
15 332
8 221
7 824

Estimated living cost  is ₽22459 per week

₽15159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4747
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
₽13868
₽11061
₽8561
₽19380
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
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.

-
-
-
13 441
income
-
-
-
7 112
other
-
-
-
2 660
health
-
-
-
2 464
total
-
-
-
25 677
Employee
29 654
-
44 728
-
health
415
-
626
-
unemployment
296
-
448
-
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.

2 075
-
3 131
-
income
5 105
-
7 700
-
total
7 891
-
11 905
-
Employer
29 654
-
44 728
-
health
415
-
626
-
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.

5 042
-
7 604
-
accident
237
-
358
-
unemployment
296
-
448
-
other
1 483
-
2 236
-
total
7 473
-
11 272
-
Corporate
18 872
56 000
-
-
income
3 963
11 761
-
-
total
3 963
11 761
-
-
Dividends
14 909
44 239
-
-
withholding
1 043
3 097
-
-
total
1 043
3 097
-
-
Income
56 000
56 000
56 000
56 000
Total tax
20 370
14 858
23 177
25 677
After tax
35 630
41 142
32 823
30 323
Living cost
21 762
21 762
21 762
21 762
Free-cash
13 868
19 380
11 061
8 561

Estimated living cost  is ₽21762 per week

₽15376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽4566
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
₽33377
₽30521
₽29272
₽37170
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
pensions

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

-
-
-
4 223
unemployment
-
-
-
114
income
-
-
-
8 400
health
-
-
-
3 281
total
-
-
-
16 018
Employee
14 181
-
50 402
-
health
652
-
1 312
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
pensions

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

1 245
-
2 505
-
income
1 418
-
5 040
-
total
3 471
-
9 171
-
Employer
14 181
-
50 402
-
health
979
-
1 969
-
pensions

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

1 563
-
3 144
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
171
-
total
2 783
-
5 598
-
Corporate
39 036
56 000
-
-
income
3 903
5 600
-
-
total
3 903
5 600
-
-
Dividends
35 133
50 400
-
-
withholding
1 756
2 520
-
-
total
1 756
2 520
-
-
Income
56 000
56 000
56 000
56 000
Total tax
11 913
8 120
14 769
16 018
After tax
44 087
47 880
41 231
39 982
Living cost
10 710
10 710
10 710
10 710
Free-cash
33 377
37 170
30 521
29 272

Estimated living cost  is ₽10710 per week

₽6253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽284
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.
₽3409
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
₽5106
₽5692
₽5412
₽282
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
-
-
-
2 960
other
-
-
-
1 736
health
-
-
-
485
social contributions
-
-
-
1 595
pensions
-
-
-
15 869
surtax
-
-
-
-
total
-
-
-
22 645
Employee
34 954
-
42 673
-
pensions
3 952
-
4 826
-
income
2 063
-
2 996
-
social contributions
997
-
1 215
-
surtax
-
-
-
-
total
7 012
-
9 037
-
Employer
34 954
-
42 673
-
health
2 447
-
2 987
-
social contributions
105
-
129
-
pensions
5 742
-
7 012
-
unemployment
1 415
-
1 728
-
other
1 206
-
1 472
-
total
10 915
-
13 328
-
Corporate
10 130
56 000
-
-
income
2 836
15 680
-
-
surtax
-
-
-
-
total
2 836
15 680
-
-
Dividends
7 293
40 320
-
-
social contributions
1 255
6 934
-
-
surtax
-
-
-
-
withholding
933
5 161
-
-
total
2 188
12 095
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 951
27 775
22 365
22 645
After tax
33 049
28 225
33 635
33 355
Living cost
27 943
27 943
27 943
27 943
Free-cash
5 106
282
5 692
5 412

Estimated living cost  is ₽27943 per week

₽17619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7577
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
-₽25102
-₽25102
-₽2285
-₽20518
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
pensions
-
-
-
9 569
income
-
-
-
6 179
health
-
-
-
8 323
total
-
-
-
24 071
Employee
69 745
69 745
69 745
-
health
10 705
9 106
10 705
-
pensions
12 554
9 569
12 554
-
income

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

11 416
11 416
11 416
-
total
34 675
30 091
34 675
-
Employer
69 745
69 745
69 745
-
health
4 848
4 848
4 848
-
pensions
4 854
4 854
4 854
-
unemployment
2 511
2 511
2 511
-
total
12 213
12 213
12 213
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
46 888
42 304
46 888
24 071
After tax
9 112
13 696
9 112
31 929
Living cost
34 214
34 214
34 214
34 214
Free-cash
-25 102
-20 518
-25 102
-2 285

Estimated living cost  is ₽34214 per week

₽24246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6339
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
₽12682
₽17337
₽14498
₽3651
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
trade
-
-
-
2 839
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.

-
-
-
7 909
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.

-
-
-
5 580
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.

-
-
-
436
total
-
-
-
16 764
Employee

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

31 238
-
56 000
-
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.

5 580
-
5 580
-
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.

873
-
7 909
-
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.

48
-
436
-
total
6 501
-
13 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 762
56 000
-
-
income
3 714
8 400
-
-
trade
3 900
8 820
-
-
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.

205
462
-
-
chamber of commerce
160
205
-
-
total
7 979
17 887
-
-
Dividends
16 785
38 113
-
-
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.

214
507
-
-
withholding
3 886
9 217
-
-
total
4 100
9 724
-
-
Income
56 000
56 000
56 000
56 000
Total tax
18 580
27 611
13 925
16 764
After tax
37 420
28 389
42 075
39 236
Living cost
24 738
24 738
24 738
24 738
Free-cash
12 682
3 651
17 337
14 498

Estimated living cost  is ₽24738 per week

₽15561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
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.
₽5831
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
₽17786
₽20673
₽23683
₽18623
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
-
-
-
3 244
health
-
-
-
1 427
social contributions
-
-
-
8 737
total
-
-
-
13 408
Employee
62 802
62 802
62 802
-
health
487
1 068
865
-
income
6 838
5 814
6 172
-
social contributions
2 374
5 212
4 220
-
total
9 699
12 094
11 257
-
Employer
62 802
62 802
62 802
-
health
529
1 162
941
-
social contributions
2 374
5 212
4 220
-
total
2 903
6 374
5 161
-
Corporate
24 488
-
-
-
income
3 061
-
-
-
total
3 061
-
-
-
Dividends
21 427
-
-
-
withholding
3 642
-
-
-
total
3 642
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 305
18 468
16 418
13 408
After tax
36 695
37 532
39 582
42 592
Living cost
18 909
18 909
18 909
18 909
Free-cash
17 786
18 623
20 673
23 683

Estimated living cost  is ₽18909 per week

₽11333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
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.
₽5304
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
₽5413
₽4417
₽6345
₽6234
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
-
-
-
4 577
social contributions

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

-
-
-
19 460
surtax
-
-
-
-
total
-
-
-
24 037
Employee
37 563
-
45 253
-
income
7 813
-
10 240
-
social contributions
4 132
-
4 978
-
surtax
-
-
-
-
total
11 945
-
15 218
-
Employer
37 563
-
45 253
-
social contributions
8 921
-
10 747
-
total
8 921
-
10 747
-
Corporate
9 516
56 000
-
-
income
1 998
11 761
-
-
surtax
-
-
-
-
total
1 998
11 761
-
-
Dividends
7 518
44 239
-
-
withholding
2 105
12 387
-
-
total
2 105
12 387
-
-
Income
56 000
56 000
56 000
56 000
Total tax
24 969
24 148
25 965
24 037
After tax
31 031
31 852
30 035
31 963
Living cost
25 618
25 618
25 618
25 618
Free-cash
5 413
6 234
4 417
6 345

Estimated living cost  is ₽25618 per week

₽19167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽4512
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
₽45968
₽38709
₽49349
₽47109
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
7 613
-
56 000
-
income
1 522
-
11 200
-
total
1 522
-
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%.

48 387
56 000
-
-
total
-
-
-
-
Dividends
48 387
56 000
-
-
withholding
2 419
2 800
-
-
total
2 419
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
3 941
2 800
11 200
560
After tax
52 059
53 200
44 800
55 440
Living cost
6 091
6 091
6 091
6 091
Free-cash
45 968
47 109
38 709
49 349

Estimated living cost  is ₽6091 per week

₽3775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
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.
₽1642
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
₽9819
₽6587
₽8192
₽16650
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
pensions
-
-
-
10 228
unemployment
-
-
-
84
income
-
-
-
10 080
health
-
-
-
5 510
total
-
-
-
25 902
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.

36 116
-
48 455
-
health
2 333
-
3 129
-
unemployment
51
-
68
-
pensions
5 598
-
7 511
-
income
6 228
-
9 254
-
total
14 210
-
19 962
-
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.

36 116
-
48 455
-
health
2 405
-
3 227
-
pensions
3 196
-
4 289
-
unemployment
22
-
29
-
total
5 623
-
7 545
-
Corporate
14 261
56 000
-
-
income
2 709
10 640
-
-
total
2 709
10 640
-
-
Dividends
11 552
45 360
-
-
withholding
1 733
6 804
-
-
total
1 733
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
24 275
17 444
27 507
25 902
After tax
31 725
38 556
28 493
30 098
Living cost
21 906
21 906
21 906
21 906
Free-cash
9 819
16 650
6 587
8 192

Estimated living cost  is ₽21906 per week

₽15034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5045
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
₽7168
₽11080
-₽2065
₽2438
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
-
-
-
23 248
health

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

-
-
-
5 170
total
-
-
-
28 418
Employee
37 466
-
52 243
-
social contributions
3 754
-
3 757
-
income
4 065
-
7 759
-
total
7 819
-
11 516
-
Employer
37 466
-
52 243
-
social contributions
3 754
-
3 757
-
total
3 754
-
3 757
-
Corporate
14 780
56 000
-
-
income
5 174
19 600
-
-
total
5 174
19 600
-
-
Dividends
9 606
36 400
-
-
social contributions
2 438
4 315
-
-
total
2 438
4 315
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 185
23 915
15 273
28 418
After tax
36 815
32 085
40 727
27 582
Living cost
29 647
29 647
29 647
29 647
Free-cash
7 168
2 438
11 080
-2 065

Estimated living cost  is ₽29647 per week

₽19529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7326
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
₽17270
₽15915
₽18645
₽16845
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
-
-
-
3 909
social contributions
-
-
-
7 728
total
-
-
-
20 037
Employee
27 692
-
56 000
-
health
1 933
-
3 909
-
income
4 619
-
11 130
-
social contributions
3 822
-
7 728
-
total
10 374
-
22 767
-
Employer
27 692
-
56 000
-
total
-
-
-
-
Corporate
28 308
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%.

1 415
2 801
-
-
total
1 415
2 801
-
-
Dividends
26 893
53 199
-
-
social contributions
3 712
7 342
-
-
withholding
4 034
7 980
-
-
health
1 877
3 714
-
-
total
9 623
19 036
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 412
21 837
22 767
20 037
After tax
34 588
34 163
33 233
35 963
Living cost
17 318
17 318
17 318
17 318
Free-cash
17 270
16 845
15 915
18 645

Estimated living cost  is ₽17318 per week

₽11590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
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.
₽4261
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
₽7661
₽5647
₽4504
₽15785
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
health
-
-
-
7 560
social contributions
-
-
-
16 352
solidarity contribution
-
-
-
-
total
-
-
-
28 725
Employee
33 486
-
41 791
-
health
4 521
-
5 642
-
solidarity contribution
-
-
-
-
income
4 018
-
5 015
-
social contributions
2 177
-
2 716
-
total
10 716
-
13 373
-
Employer
33 486
-
41 791
-
health
3 014
-
3 761
-
social contributions
8 372
-
10 448
-
total
11 386
-
14 209
-
Corporate
11 129
56 000
-
-
income
2 114
10 640
-
-
total
2 114
10 640
-
-
Dividends
9 014
45 360
-
-
withholding
1 352
6 804
-
-
total
1 352
6 804
-
-
Income
56 000
56 000
56 000
56 000
Total tax
25 568
17 444
27 582
28 725
After tax
30 432
38 556
28 418
27 275
Living cost
22 771
22 771
22 771
22 771
Free-cash
7 661
15 785
5 647
4 504

Estimated living cost  is ₽22771 per week

₽16934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4182
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
₽41928
₽35308
₽45948
₽43708
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
11 865
-
56 000
-
income
2 373
-
11 200
-
total
2 373
-
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%.

44 135
56 000
-
-
total
-
-
-
-
Dividends
44 135
56 000
-
-
withholding
2 207
2 800
-
-
total
2 207
2 800
-
-
Income
56 000
56 000
56 000
56 000
Total tax
4 580
2 800
11 200
560
After tax
51 420
53 200
44 800
55 440
Living cost
9 492
9 492
9 492
9 492
Free-cash
41 928
43 708
35 308
45 948

Estimated living cost  is ₽9492 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
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.
₽2352
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
-₽11128
-₽5812
-₽6092
-₽11222
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
-
-
-
2 960
other
-
-
-
1 736
health
-
-
-
485
social contributions
-
-
-
1 595
pensions
-
-
-
15 869
surtax
-
-
-
-
total
-
-
-
22 645
Employee
51 153
-
42 673
-
pensions
5 786
-
4 826
-
income
4 463
-
2 996
-
social contributions
1 457
-
1 215
-
surtax
-
-
-
-
total
11 706
-
9 037
-
Employer
51 153
-
42 673
-
health
3 580
-
2 987
-
social contributions
153
-
129
-
pensions
8 405
-
7 012
-
unemployment
2 072
-
1 728
-
other
1 765
-
1 472
-
total
15 975
-
13 328
-
Corporate
-
56 000
-
-
income
-
15 680
-
-
surtax
-
-
-
-
total
-
15 680
-
-
Dividends
-
40 320
-
-
social contributions
-
6 934
-
-
surtax
-
-
-
-
withholding
-
5 161
-
-
total
-
12 095
-
-
Income
56 000
56 000
56 000
56 000
Total tax
27 681
27 775
22 365
22 645
After tax
28 319
28 225
33 635
33 355
Living cost
39 447
39 447
39 447
39 447
Free-cash
-11 128
-11 222
-5 812
-6 092

Estimated living cost  is ₽39447 per week

₽26697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
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.
₽8982
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
₽22383
₽15590
₽13375
₽26387
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
pensions
-
-
-
14 560
unemployment
-
-
-
840
income
-
-
-
7 384
health
-
-
-
5 768
total
-
-
-
28 552
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.

21 222
-
47 498
-
health
1 093
-
2 446
-
unemployment
159
-
356
-
pensions
2 971
-
6 650
-
income
2 925
-
8 383
-
total
7 148
-
17 835
-
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.

21 222
-
47 498
-
health
1 093
-
2 446
-
pensions
2 547
-
5 700
-
unemployment
159
-
356
-
total
3 799
-
8 502
-
Corporate
30 980
56 000
-
-
income
4 647
8 400
-
-
total
4 647
8 400
-
-
Dividends
26 333
47 600
-
-
withholding
3 950
7 140
-
-
total
3 950
7 140
-
-
Income
56 000
56 000
56 000
56 000
Total tax
19 544
15 540
26 337
28 552
After tax
36 456
40 460
29 663
27 448
Living cost
14 073
14 073
14 073
14 073
Free-cash
22 383
26 387
15 590
13 375

Estimated living cost  is ₽14073 per week

₽9476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3102
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
-₽16780
-₽12474
-₽9599
-₽31175
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
pensions
-
-
-
5 152
city
-
-
-
589
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.

-
-
-
1 120
health
-
-
-
185
regional
-
-
-
1 549
national
-
-
-
223
total
-
-
-
8 818
Employee
66 448
-
50 123
-
health
150
-
112
-
unemployment
-
-
-
-
city
713
-
538
-
pensions
5 583
-
4 212
-
regional
2 176
-
1 320
-
national
315
-
185
-
total
8 937
-
6 367
-
Employer
66 448
-
50 123
-
health
150
-
112
-
pensions
5 583
-
4 212
-
unemployment
-
-
-
-
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.

1 329
-
1 002
-
total
7 062
-
5 326
-
Corporate
-
56 000
-
-
regional
-
11 845
-
-
national
-
4 760
-
-
total
-
16 605
-
-
Dividends
-
39 395
-
-
withholding
-
13 789
-
-
total
-
13 789
-
-
Income
56 000
56 000
56 000
56 000
Total tax
15 999
30 394
11 693
8 818
After tax
40 001
25 606
44 307
47 182
Living cost
56 781
56 781
56 781
56 781
Free-cash
-16 780
-31 175
-12 474
-9 599

Estimated living cost  is ₽56781 per week

₽36924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
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.
₽14064
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
₽3407
₽2622
₽10806
₽7017
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
health
-
-
-
521
national
-
-
-
3 331
total
-
-
-
13 838
Employee
42 969
-
47 110
-
health
321
-
384
-
unemployment
645
-
707
-
pensions
2 900
-
3 180
-
national
710
-
1 150
-
municipal
7 038
-
7 711
-
total
11 614
-
13 132
-
Employer
42 969
-
47 110
-
health
330
-
363
-
pensions
7 455
-
8 174
-
accident
43
-
46
-
unemployment
279
-
307
-
total
8 107
-
8 890
-
Corporate
4 923
56 000
-
-
income
984
11 199
-
-
total
984
11 199
-
-
Dividends

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

2 954
33 600
-
-
municipal
532
6 048
-
-
national
-
380
-
-
total
532
6 428
-
-
Income
56 000
56 000
56 000
56 000
Total tax
21 237
17 627
22 022
13 838
After tax
34 763
38 373
33 978
42 162
Living cost
31 356
31 356
31 356
31 356
Free-cash
3 407
7 017
2 622
10 806

Estimated living cost  is ₽31356 per week

₽20482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
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
-₽19427
-₽6410
-₽1047
₽1722
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
communal

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

-
-
-
2 918
social contributions
-
-
-
7 350
national
-
-
-
17 000
total
-
-
-
27 268
Employee

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

58 421
-
43 373
-
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.

2 745
-
2 038
-
communal

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

3 047
-
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.

508
-
377
-
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.

4 382
-
3 253
-
national
17 961
-
12 074
-
total
28 643
-
20 005
-
Employer

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

58 421
-
43 373
-
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.

3 593
-
2 667
-
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.

5 177
-
3 842
-
surtax
6 624
-
4 919
-
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.

759
-
564
-
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.

852
-
634
-
total
17 005
-
12 626
-
Corporate
-
56 000
-
-
income
-
11 199
-
-
surtax
-
225
-
-
total
-
11 424
-
-
Dividends
-
44 576
-
-
withholding

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

-
13 075
-
-
total
-
13 075
-
-
Income
56 000
56 000
56 000
56 000
Total tax
45 648
24 499
32 631
27 268
After tax
10 352
31 501
23 369
28 732
Living cost
29 779
29 779
29 779
29 779
Free-cash
-19 427
1 722
-6 410
-1 047

Estimated living cost  is ₽29779 per week

₽19181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽7528
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
-₽9970
-₽5325
-₽7314
-₽4654
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
unemployment
-
-
-
56
municipal
-
-
-
11 861
other
-
-
-
6 507
health
-
-
-
3 494
national
-
-
-
-
accident
-
-
-
112
pensions
-
-
-
6 054
total
-
-
-
28 084
Employee
50 199
-
42 611
-
national
-
-
-
-
municipal
14 969
-
12 707
-
total
14 969
-
12 707
-
Employer
50 199
-
42 611
-
health
3 087
-
2 621
-
pensions
5 426
-
4 606
-
accident
100
-
85
-
unemployment
1 325
-
1 125
-
other
5 833
-
4 951
-
total
15 771
-
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
30 740
25 424
26 095
28 084
After tax
25 260
30 576
29 905
27 916
Living cost
35 230
35 230
35 230
35 230
Free-cash
-9 970
-4 654
-5 325
-7 314

Estimated living cost  is ₽35230 per week

₽23349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7889
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
-₽77994
₽5401
-₽76
-₽4706
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
55 599
-
-
-
income
12 264
-
-
-
social contributions
4 559
-
650
-
total
16 823
-
650
-
Employer
55 599
-
-
-
social contributions
78 395
-
11 173
-
total
78 395
-
11 173
-
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
95 218
21 930
11 823
17 300
After tax
-39 218
34 070
44 177
38 700
Living cost
38 776
38 776
38 776
38 776
Free-cash
-77 994
-4 706
5 401
-76

Estimated living cost  is ₽38776 per week

₽25159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9475
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
₽11261
₽13092
₽16102
₽11042
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
-
-
-
3 244
health
-
-
-
1 427
social contributions
-
-
-
8 737
total
-
-
-
13 408
Employee
62 802
62 802
62 802
-
health
625
1 068
865
-
income
6 595
5 814
6 172
-
social contributions
3 052
5 212
4 220
-
total
10 272
12 094
11 257
-
Employer
62 802
62 802
62 802
-
health
680
1 162
941
-
social contributions
3 052
5 212
4 220
-
total
3 732
6 374
5 161
-
Corporate
15 506
-
-
-
income
1 939
-
-
-
total
1 939
-
-
-
Dividends
13 567
-
-
-
withholding
2 306
-
-
-
total
2 306
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
18 249
18 468
16 418
13 408
After tax
37 751
37 532
39 582
42 592
Living cost
26 490
26 490
26 490
26 490
Free-cash
11 261
11 042
13 092
16 102

Estimated living cost  is ₽26490 per week

₽18109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5868
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
₽8430
₽6688
₽12709
₽12853
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
-
-
-
10 453
pensions
-
-
-
3 731
total
-
-
-
14 184
Employee
39 953
-
49 679
-
health
521
-
720
-
pensions
3 049
-
4 216
-
income
7 276
-
8 948
-
total
10 846
-
13 884
-
Employer
39 953
-
49 679
-
health
759
-
944
-
pensions
4 037
-
5 377
-
total
4 796
-
6 321
-
Corporate
11 251
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.

2 138
10 639
-
-
total
2 138
10 639
-
-
Dividends
9 113
45 361
-
-
withholding
683
3 401
-
-
total
683
3 401
-
-
Income
56 000
56 000
56 000
56 000
Total tax
18 463
14 040
20 205
14 184
After tax
37 537
41 960
35 795
41 816
Living cost
29 107
29 107
29 107
29 107
Free-cash
8 430
12 853
6 688
12 709

Estimated living cost  is ₽29107 per week

₽19967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
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.
₽6097
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
-₽12822
-₽5627
-₽2518
-₽3041
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
-
-
-
903
social contributions
-
-
-
14 403
national
-
-
-
10 301
total
-
-
-
25 982
Employee
68 822
-
56 000
-
social contributions
23 206
-
18 884
-
regional
1 039
-
780
-
national
11 630
-
9 092
-
municipal
411
-
335
-
total
36 286
-
29 091
-
Employer
68 822
-
56 000
-
total
-
-
-
-
Corporate
-
56 000
-
-
nationa
-
13 441
-
-
municipal
-
2 700
-
-
total
-
16 141
-
-
Dividends
-
39 859
-
-
withholding
-
10 364
-
-
total
-
10 364
-
-
Income
56 000
56 000
56 000
56 000
Total tax
36 286
26 505
29 091
25 982
After tax
19 714
29 495
26 909
30 018
Living cost
32 536
32 536
32 536
32 536
Free-cash
-12 822
-3 041
-5 627
-2 518

Estimated living cost  is ₽32536 per week

₽22855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽6951
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
₽1884
₽11379
₽21289
-₽12755
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
pensions
-
-
-
3 270
income
-
-
-
11 947
other
-
-
-
291
health
-
-
-
1 714
accident
-
-
-
198
total
-
-
-
17 420
Employee
27 200
-
46 519
-
health
3 114
-
5 327
-
pensions
3 063
-
5 238
-
income
3 732
-
7 284
-
total
9 909
-
17 849
-
Employer
27 200
-
46 519
-
pensions
4 423
-
7 564
-
accident
454
-
777
-
unemployment
666
-
1 140
-
total
5 543
-
9 481
-
Corporate
23 256
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.

20 931
50 400
-
-
total
20 931
50 400
-
-
Dividends
2 326
5 600
-
-
withholding
442
1 064
-
-
total
442
1 064
-
-
Income
56 000
56 000
56 000
56 000
Total tax
36 825
51 464
27 330
17 420
After tax
19 175
4 536
28 670
38 580
Living cost
17 291
17 291
17 291
17 291
Free-cash
1 884
-12 755
11 379
21 289

Estimated living cost  is ₽17291 per week

₽12673
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
₽8117
₽10544
₽7957
-₽2567
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
trade
-
-
-
2 587
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.

-
-
-
7 909
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.

-
-
-
5 580
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.

-
-
-
436
total
-
-
-
16 512
Employee

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

40 637
-
56 000
-
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.

5 580
-
5 580
-
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.

3 342
-
7 909
-
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.

184
-
436
-
total
9 106
-
13 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
15 363
56 000
-
-
income
2 305
8 400
-
-
trade
2 204
8 036
-
-
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.

127
462
-
-
chamber of commerce
147
206
-
-
total
4 783
17 104
-
-
Dividends
10 580
38 895
-
-
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.

129
518
-
-
withholding
2 334
9 414
-
-
total
2 463
9 932
-
-
Income
56 000
56 000
56 000
56 000
Total tax
16 352
27 036
13 925
16 512
After tax
39 648
28 964
42 075
39 488
Living cost
31 531
31 531
31 531
31 531
Free-cash
8 117
-2 567
10 544
7 957

Estimated living cost  is ₽31531 per week

₽21751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽5930
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
₽21109
₽14867
₽28038
₽27810
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
income
-
-
-
-
microenterprise
-
-
-
8 400
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.

-
-
-
2 571
surtax
-
-
-
-
total
-
-
-
10 971
Employee
23 865
-
45 129
-
income
4 248
-
8 307
-
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.

2 626
-
4 964
-
surtax
-
-
-
-
total
6 874
-
13 271
-
Employer
23 865
-
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.

5 749
-
10 871
-
surtax
-
-
-
-
total
5 749
-
10 871
-
Corporate
26 386
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%.

5 277
11 199
-
-
total
5 277
11 199
-
-
Dividends

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

21 109
44 801
-
-
total
-
-
-
-
Income
56 000
56 000
56 000
56 000
Total tax
17 900
11 199
24 142
10 971
After tax
38 100
44 801
31 858
45 029
Living cost
16 991
16 991
16 991
16 991
Free-cash
21 109
27 810
14 867
28 038

Estimated living cost  is ₽16991 per week

₽10840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
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.
₽4147
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
₽23266
₽19766
₽20480
₽24914
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
-
-
-
12 870
health
-
-
-
5 304
pensions
-
-
-
7 316
total
-
-
-
25 490
Employee
15 276
-
47 770
-
health
764
-
1 829
-
unemployment
153
-
366
-
pensions
1 375
-
3 292
-
income
2 955
-
12 486
-
total
5 247
-
17 973
-
Employer
15 276
-
47 770
-
health
1 451
-
3 475
-
pensions
1 680
-
4 024
-
unemployment
306
-
732
-
total
3 437
-
8 231
-
Corporate
37 286
56 000
-
-
income
8 203
12 320
-
-
total
8 203
12 320
-
-
Dividends
29 083
43 680
-
-
withholding
5 817
8 736
-
-
total
5 817
8 736
-
-
Income
56 000
56 000
56 000
56 000
Total tax
22 704
21 056
26 204
25 490
After tax
33 296
34 944
29 796
30 510
Living cost
10 030
10 030
10 030
10 030
Free-cash
23 266
24 914
19 766
20 480

Estimated living cost  is ₽10030 per week

₽5960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
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.
₽3027
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
₽14280
₽11315
₽12544
₽16878
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
pensions
-
-
-
11 199
unemployment
-
-
-
186
income
-
-
-
8 996
other
-
-
-
-
health
-
-
-
3 975
surtax
-
-
-
755
total
-
-
-
25 111
Employee
27 504
-
46 262
-
health
702
-
1 179
-
unemployment
1 914
-
3 219
-
pensions
1 835
-
3 086
-
income
4 611
-
8 456
-
other
-
-
-
-
surtax
98
-
662
-
total
9 160
-
16 602
-
Employer
27 504
-
46 262
-
health
1 251
-
2 105
-
pensions
3 667
-
6 167
-
unemployment
873
-
1 466
-
other
-
-
-
-
total
5 791
-
9 738
-
Corporate
22 705
56 000
-
-
income
5 904
14 560
-
-
total
5 904
14 560
-
-
Dividends
16 802
41 440
-
-
withholding
2 520
6 217
-
-
total
2 520
6 217
-
-
Income
56 000
56 000
56 000
56 000
Total tax
23 375
20 777
26 340
25 111
After tax
32 625
35 223
29 660
30 889
Living cost
18 345
18 345
18 345
18 345
Free-cash
14 280
16 878
11 315
12 544

Estimated living cost  is ₽18345 per week

₽11075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
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
₽5451
-₽5955
₽4398
₽5859
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
pensions
-
-
-
10 359
chamber of commerce
-
-
-
225
unemployment
-
-
-