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
₽ 56500
per

Your estimated
City
free-cash

Valencia , Spain
₽6664
₽6264
₽13617
₽8940
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
-
-
-
56 500
income
-
-
-
8 761
accident
-
-
-
508
unemployment
-
-
-
396
pensions
-
-
-
15 989
other
-
-
-
56
total
-
-
-
25 710
Employee
32 978
-
42 842
-
other
32
-
42
-
income
6 358
-
8 932
-
unemployment
511
-
663
-
pensions
1 550
-
2 014
-
total
8 451
-
11 651
-
Employer
32 978
-
42 842
-
unemployment
1 814
-
2 356
-
pensions
7 782
-
10 111
-
other
264
-
344
-
accident
653
-
848
-
total
10 513
-
13 659
-
Corporate
13 008
56 500
-
-
income

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

1 951
8 474
-
-
total
1 951
8 474
-
-
Dividends
11 057
48 026
-
-
withholding
2 119
9 883
-
-
total
2 119
9 883
-
-
Income
56 500
56 500
56 500
56 500
Total tax
23 034
18 357
25 310
25 710
After tax
33 466
38 143
31 190
30 790
Living cost
24 526
24 526
24 526
24 526
Free-cash
8 940
13 617
6 664
6 264

Estimated living cost  is ₽24526 per week

₽16554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2358
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.
₽5184
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
₽9351
₽6829
₽17747
₽11722
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
-
-
-
56 500
income
-
-
-
7 176
health
-
-
-
2 486
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.

-
-
-
13 560
other
-
-
-
2 684
total
-
-
-
25 906
Employee
32 383
-
45 126
-
income
5 575
-
7 769
-
health
454
-
631
-
unemployment
323
-
452
-
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.

2 266
-
3 160
-
total
8 618
-
12 012
-
Employer
32 383
-
45 126
-
unemployment
323
-
452
-
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.

5 506
-
7 672
-
other
1 620
-
2 256
-
accident
259
-
361
-
health
454
-
631
-
total
8 162
-
11 372
-
Corporate
15 956
56 500
-
-
income
3 351
11 864
-
-
total
3 351
11 864
-
-
Dividends
12 605
44 636
-
-
withholding
882
3 124
-
-
total
882
3 124
-
-
Income
56 500
56 500
56 500
56 500
Total tax
21 013
14 988
23 384
25 906
After tax
35 487
41 512
33 116
30 594
Living cost
23 765
23 765
23 765
23 765
Free-cash
11 722
17 747
9 351
6 829

Estimated living cost  is ₽23765 per week

₽16791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4986
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
₽29178
₽28044
₽36632
₽32497
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
-
-
-
56 500
income
-
-
-
8 475
health
-
-
-
3 577
unemployment
-
-
-
124
pensions

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

-
-
-
4 604
total
-
-
-
16 780
Employee
15 461
-
50 397
-
income
1 546
-
5 039
-
health
711
-
1 431
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
pensions

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

1 357
-
2 731
-
total
3 784
-
9 543
-
Employer
15 461
-
50 397
-
unemployment
92
-
187
-
pensions

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

1 704
-
3 428
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
health
1 067
-
2 146
-
total
3 033
-
6 103
-
Corporate
38 005
56 500
-
-
income
3 800
5 650
-
-
total
3 800
5 650
-
-
Dividends
34 205
50 850
-
-
withholding
1 710
2 542
-
-
total
1 710
2 542
-
-
Income
56 500
56 500
56 500
56 500
Total tax
12 327
8 192
15 646
16 780
After tax
44 173
48 308
40 854
39 720
Living cost
11 676
11 676
11 676
11 676
Free-cash
32 497
36 632
29 178
28 044

Estimated living cost  is ₽11676 per week

₽6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3716
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
₽3600
₽3224
-₽2039
₽3230
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
-
-
-
56 500
income
-
-
-
2 793
social contributions
-
-
-
1 610
health
-
-
-
489
surtax
-
-
-
-
pensions
-
-
-
16 118
other
-
-
-
1 752
total
-
-
-
22 762
Employee
38 171
-
43 053
-
income
2 253
-
2 843
-
social contributions
1 088
-
1 227
-
surtax
-
-
-
-
pensions
4 316
-
4 869
-
total
7 657
-
8 939
-
Employer
38 171
-
43 053
-
unemployment
1 545
-
1 743
-
social contributions
115
-
129
-
pensions
6 271
-
7 075
-
other
1 317
-
1 486
-
health
2 672
-
3 014
-
total
11 920
-
13 447
-
Corporate
6 409
56 500
-
-
income
1 794
15 820
-
-
surtax
-
-
-
-
total
1 794
15 820
-
-
Dividends
4 615
40 680
-
-
withholding
591
5 208
-
-
surtax
-
-
-
-
social contributions
794
6 997
-
-
total
1 385
12 205
-
-
Income
56 500
56 500
56 500
56 500
Total tax
22 756
28 025
22 386
22 762
After tax
33 744
28 475
34 114
33 738
Living cost
30 514
30 514
30 514
30 514
Free-cash
3 230
-2 039
3 600
3 224

Estimated living cost  is ₽30514 per week

₽19240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽8275
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
-₽32065
-₽5106
-₽27059
-₽32065
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
-
-
-
56 500
income
-
-
-
5 403
health
-
-
-
8 672
pensions
-
-
-
10 169
total
-
-
-
24 244
Employee
76 163
76 163
76 163
-
income

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

12 467
12 467
12 467
-
health
11 690
9 943
11 690
-
pensions
13 709
10 450
13 709
-
total
37 866
32 860
37 866
-
Employer
76 163
76 163
76 163
-
unemployment
2 742
2 742
2 742
-
pensions
5 301
5 301
5 301
-
health
5 294
5 294
5 294
-
total
13 337
13 337
13 337
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
56 500
56 500
56 500
56 500
Total tax
51 203
46 197
51 203
24 244
After tax
5 297
10 303
5 297
32 256
Living cost
37 362
37 362
37 362
37 362
Free-cash
-32 065
-27 059
-32 065
-5 106

Estimated living cost  is ₽37362 per week

₽26477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
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.
₽6922
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
₽15818
₽13450
₽1650
₽11514
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.

-
-
-
56 500
income

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

-
-
-
7 181
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 093
trade
-
-
-
2 368
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.

-
-
-
394
total
-
-
-
16 036
Employee

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

34 113
-
56 500
-
income

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

953
-
7 181
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 093
-
6 093
-
surtax

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

52
-
394
-
total
7 098
-
13 668
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 387
56 500
-
-
chamber of commerce
168
217
-
-
income
3 358
8 474
-
-
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
465
-
-
trade
3 525
8 899
-
-
total
7 235
18 055
-
-
Dividends
15 152
38 444
-
-
withholding
3 449
9 272
-
-
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.

190
509
-
-
total
3 639
9 781
-
-
Income
56 500
56 500
56 500
56 500
Total tax
17 972
27 836
13 668
16 036
After tax
38 528
28 664
42 832
40 464
Living cost
27 014
27 014
27 014
27 014
Free-cash
11 514
1 650
15 818
13 450

Estimated living cost  is ₽27014 per week

₽16993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6367
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
₽18650
₽22947
₽15683
₽16045
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
-
-
-
56 500
income
-
-
-
2 649
social contributions
-
-
-
8 815
health
-
-
-
1 440
total
-
-
-
12 904
Employee
68 581
68 581
68 581
-
income
7 467
6 349
6 866
-
social contributions
2 593
5 692
4 257
-
health
531
1 166
872
-
total
10 591
13 207
11 995
-
Employer
68 581
68 581
68 581
-
social contributions
2 593
5 692
4 257
-
health
577
1 269
949
-
total
3 170
6 961
5 206
-
Corporate
22 089
-
-
-
income
2 760
-
-
-
total
2 760
-
-
-
Dividends
19 328
-
-
-
withholding
3 285
-
-
-
total
3 285
-
-
-
Income
56 500
56 500
56 500
56 500
Total tax
19 806
20 168
17 201
12 904
After tax
36 694
36 332
39 299
43 596
Living cost
20 649
20 649
20 649
20 649
Free-cash
16 045
15 683
18 650
22 947

Estimated living cost  is ₽20649 per week

₽12376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
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.
₽5792
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
₽2681
₽4427
₽4164
₽3265
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.

-
-
-
56 500
income
-
-
-
4 465
social contributions

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

-
-
-
19 633
surtax
-
-
-
-
total
-
-
-
24 098
Employee
41 019
-
45 656
-
income
8 532
-
9 978
-
social contributions
4 512
-
5 022
-
surtax
-
-
-
-
total
13 044
-
15 000
-
Employer
41 019
-
45 656
-
social contributions
9 742
-
10 844
-
total
9 742
-
10 844
-
Corporate
5 739
56 500
-
-
income
1 205
11 864
-
-
surtax
-
-
-
-
total
1 205
11 864
-
-
Dividends
4 534
44 636
-
-
withholding
1 269
12 497
-
-
total
1 269
12 497
-
-
Income
56 500
56 500
56 500
56 500
Total tax
25 260
24 361
25 844
24 098
After tax
31 240
32 139
30 656
32 402
Living cost
27 975
27 975
27 975
27 975
Free-cash
3 265
4 164
2 681
4 427

Estimated living cost  is ₽27975 per week

₽20931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽4927
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
₽38858
₽49593
₽47333
₽46145
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%.

-
-
-
56 500
microenterprise

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

-
-
-
565
total
-
-
-
565
Employee
7 927
-
56 500
-
income
1 585
-
11 300
-
total
1 585
-
11 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

48 573
56 500
-
-
total
-
-
-
-
Dividends
48 573
56 500
-
-
withholding
2 428
2 825
-
-
total
2 428
2 825
-
-
Income
56 500
56 500
56 500
56 500
Total tax
4 013
2 825
11 300
565
After tax
52 487
53 675
45 200
55 935
Living cost
6 342
6 342
6 342
6 342
Free-cash
46 145
47 333
38 858
49 593

Estimated living cost  is ₽6342 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽5125
₽6743
₽14977
₽7518
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.

-
-
-
56 500
income
-
-
-
9 873
health
-
-
-
5 560
unemployment
-
-
-
85
pensions
-
-
-
10 317
total
-
-
-
25 835
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 439
-
48 889
-
income
6 801
-
9 039
-
health
2 547
-
3 158
-
unemployment
56
-
68
-
pensions
6 113
-
7 577
-
total
15 517
-
19 842
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

39 439
-
48 889
-
unemployment
24
-
29
-
pensions
3 490
-
4 326
-
health
2 627
-
3 256
-
total
6 141
-
7 611
-
Corporate
10 921
56 500
-
-
income
2 075
10 736
-
-
total
2 075
10 736
-
-
Dividends
8 846
45 764
-
-
withholding
1 327
6 865
-
-
total
1 327
6 865
-
-
Income
56 500
56 500
56 500
56 500
Total tax
25 060
17 601
27 453
25 835
After tax
31 440
38 899
29 047
30 665
Living cost
23 922
23 922
23 922
23 922
Free-cash
7 518
14 977
5 125
6 743

Estimated living cost  is ₽23922 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
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.
₽5509
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
₽8609
-₽7041
-₽362
₽4806
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.

-
-
-
56 500
income
-
-
-
25 388
health

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

-
-
-
5 778
total
-
-
-
31 166
Employee
40 914
-
52 397
-
social contributions
4 099
-
4 103
-
income
4 439
-
7 310
-
total
8 538
-
11 413
-
Employer
40 914
-
52 397
-
social contributions
4 099
-
4 103
-
total
4 099
-
4 103
-
Corporate
11 487
56 500
-
-
income
4 020
19 775
-
-
total
4 020
19 775
-
-
Dividends
7 467
36 725
-
-
social contributions
2 662
4 712
-
-
total
2 662
4 712
-
-
Income
56 500
56 500
56 500
56 500
Total tax
19 319
24 487
15 516
31 166
After tax
37 181
32 013
40 984
25 334
Living cost
32 375
32 375
32 375
32 375
Free-cash
4 806
-362
8 609
-7 041

Estimated living cost  is ₽32375 per week

₽21326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
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.
₽8000
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
₽14763
₽17373
₽15559
₽16019
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
-
-
-
56 500
income
-
-
-
8 474
social contributions
-
-
-
7 797
health
-
-
-
3 944
total
-
-
-
20 215
Employee
30 240
-
56 500
-
income
5 044
-
11 084
-
social contributions
4 174
-
7 797
-
health
2 111
-
3 944
-
total
11 329
-
22 825
-
Employer
30 240
-
56 500
-
total
-
-
-
-
Corporate
26 260
56 500
-
-
income

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

1 313
2 825
-
-
total
1 313
2 825
-
-
Dividends
24 947
53 675
-
-
withholding
3 742
8 051
-
-
health
1 742
3 747
-
-
social contributions
3 443
7 406
-
-
total
8 927
19 204
-
-
Income
56 500
56 500
56 500
56 500
Total tax
21 569
22 029
22 825
20 215
After tax
34 931
34 471
33 675
36 285
Living cost
18 912
18 912
18 912
18 912
Free-cash
16 019
15 559
14 763
17 373

Estimated living cost  is ₽18912 per week

₽12657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
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.
₽4653
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
₽4347
₽3195
₽14576
₽5899
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
-
-
-
56 500
income
-
-
-
4 856
social contributions
-
-
-
16 498
solidarity contribution
-
-
-
-
health
-
-
-
7 627
total
-
-
-
28 981
Employee
35 771
-
42 164
-
solidarity contribution
-
-
-
-
income
4 292
-
5 060
-
social contributions
2 325
-
2 741
-
health
4 829
-
5 692
-
total
11 446
-
13 493
-
Employer
35 771
-
42 164
-
social contributions
8 943
-
10 541
-
health
3 219
-
3 795
-
total
12 162
-
14 336
-
Corporate
8 567
56 500
-
-
income
1 628
10 735
-
-
total
1 628
10 735
-
-
Dividends
6 940
45 765
-
-
withholding
1 041
6 865
-
-
total
1 041
6 865
-
-
Income
56 500
56 500
56 500
56 500
Total tax
26 277
17 600
27 829
28 981
After tax
30 223
38 900
28 671
27 519
Living cost
24 324
24 324
24 324
24 324
Free-cash
5 899
14 576
4 347
3 195

Estimated living cost  is ₽24324 per week

₽18089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4467
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
₽35317
₽46052
₽43792
₽41939
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%.

-
-
-
56 500
microenterprise

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

-
-
-
565
total
-
-
-
565
Employee
12 354
-
56 500
-
income
2 471
-
11 300
-
total
2 471
-
11 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

44 146
56 500
-
-
total
-
-
-
-
Dividends
44 146
56 500
-
-
withholding
2 207
2 825
-
-
total
2 207
2 825
-
-
Income
56 500
56 500
56 500
56 500
Total tax
4 678
2 825
11 300
565
After tax
51 822
53 675
45 200
55 935
Living cost
9 883
9 883
9 883
9 883
Free-cash
41 939
43 792
35 317
46 052

Estimated living cost  is ₽9883 per week

₽6688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2449
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
-₽8962
-₽9338
-₽14601
-₽16806
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
-
-
-
56 500
income
-
-
-
2 793
social contributions
-
-
-
1 610
health
-
-
-
489
surtax
-
-
-
-
pensions
-
-
-
16 118
other
-
-
-
1 752
total
-
-
-
22 762
Employee
55 860
-
43 053
-
income
4 874
-
2 843
-
social contributions
1 591
-
1 227
-
surtax
-
-
-
-
pensions
6 318
-
4 869
-
total
12 783
-
8 939
-
Employer
55 860
-
43 053
-
unemployment
2 263
-
1 743
-
social contributions
168
-
129
-
pensions
9 178
-
7 075
-
other
1 928
-
1 486
-
health
3 910
-
3 014
-
total
17 447
-
13 447
-
Corporate
-
56 500
-
-
income
-
15 820
-
-
surtax
-
-
-
-
total
-
15 820
-
-
Dividends
-
40 680
-
-
withholding
-
5 208
-
-
surtax
-
-
-
-
social contributions
-
6 997
-
-
total
-
12 205
-
-
Income
56 500
56 500
56 500
56 500
Total tax
30 230
28 025
22 386
22 762
After tax
26 270
28 475
34 114
33 738
Living cost
43 076
43 076
43 076
43 076
Free-cash
-16 806
-14 601
-8 962
-9 338

Estimated living cost  is ₽43076 per week

₽29153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
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.
₽9808
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
₽14861
₽12428
₽25445
₽21071
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.

-
-
-
56 500
income
-
-
-
7 339
health
-
-
-
5 819
unemployment
-
-
-
848
pensions
-
-
-
14 690
total
-
-
-
28 696
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 186
-
47 922
-
income
3 196
-
8 149
-
health
1 194
-
2 468
-
unemployment
174
-
359
-
pensions
3 246
-
6 709
-
total
7 810
-
17 685
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

23 186
-
47 922
-
unemployment
174
-
359
-
pensions
2 782
-
5 751
-
health
1 194
-
2 468
-
total
4 150
-
8 578
-
Corporate
29 163
56 500
-
-
income
4 375
8 475
-
-
total
4 375
8 475
-
-
Dividends
24 789
48 025
-
-
withholding
3 718
7 204
-
-
total
3 718
7 204
-
-
Income
56 500
56 500
56 500
56 500
Total tax
20 053
15 679
26 263
28 696
After tax
36 447
40 821
30 237
27 804
Living cost
15 376
15 376
15 376
15 376
Free-cash
21 071
25 445
14 861
12 428

Estimated living cost  is ₽15376 per week

₽10353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
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.
₽3389
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
-₽17448
-₽14547
-₽36412
-₽23287
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
-
-
-
56 500
regional
-
-
-
1 466
national
-
-
-
206
health
-
-
-
203
city
-
-
-
595
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.

-
-
-
1 130
pensions
-
-
-
5 198
total
-
-
-
8 798
Employee
72 848
-
50 570
-
regional
2 385
-
1 250
-
city
782
-
544
-
health
165
-
114
-
unemployment
-
-
-
-
national
345
-
173
-
pensions
6 120
-
4 246
-
total
9 797
-
6 327
-
Employer
72 848
-
50 570
-
unemployment
-
-
-
-
pensions
6 120
-
4 246
-
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.

1 456
-
1 012
-
health
165
-
114
-
total
7 741
-
5 372
-
Corporate
-
56 500
-
-
regional
-
11 949
-
-
national
-
4 803
-
-
total
-
16 752
-
-
Dividends
-
39 748
-
-
withholding
-
13 911
-
-
total
-
13 911
-
-
Income
56 500
56 500
56 500
56 500
Total tax
17 538
30 663
11 699
8 798
After tax
38 962
25 837
44 801
47 702
Living cost
62 249
62 249
62 249
62 249
Free-cash
-23 287
-36 412
-17 448
-14 547

Estimated living cost  is ₽62249 per week

₽40480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽15419
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
₽413
₽8832
₽4609
₽500
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

-
-
-
56 500
municipal
-
-
-
10 081
national
-
-
-
2 847
health
-
-
-
498
total
-
-
-
13 426
Employee
46 923
-
47 531
-
health
350
-
361
-
unemployment
704
-
713
-
national
775
-
807
-
municipal
7 686
-
7 786
-
pensions
3 167
-
3 209
-
total
12 682
-
12 876
-
Employer
46 923
-
47 531
-
unemployment
305
-
310
-
pensions
8 141
-
8 246
-
accident
47
-
47
-
health
361
-
366
-
total
8 854
-
8 969
-
Corporate
723
56 500
-
-
income
144
11 301
-
-
total
144
11 301
-
-
Dividends

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

434
33 899
-
-
national
-
247
-
-
municipal
78
6 101
-
-
total
78
6 348
-
-
Income
56 500
56 500
56 500
56 500
Total tax
21 758
17 649
21 845
13 426
After tax
34 742
38 851
34 655
43 074
Living cost
34 242
34 242
34 242
34 242
Free-cash
500
4 609
413
8 832

Estimated living cost  is ₽34242 per week

₽22366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽8038
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
-₽8612
-₽2944
-₽713
-₽25867
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
-
-
-
56 500
national
-
-
-
16 909
social contributions
-
-
-
7 049
communal

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

-
-
-
2 967
total
-
-
-
26 925
Employee

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

63 796
-
43 759
-
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.

2 997
-
2 056
-
communal

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

3 327
-
2 283
-
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.

555
-
381
-
national
19 614
-
11 852
-
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.

4 785
-
3 282
-
total
31 278
-
19 854
-
Employer

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

63 796
-
43 759
-
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.

931
-
638
-
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.

5 653
-
3 878
-
surtax
7 234
-
4 962
-
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.

829
-
570
-
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.

3 923
-
2 691
-
total
18 570
-
12 739
-
Corporate
-
56 500
-
-
income
-
11 301
-
-
surtax
-
227
-
-
total
-
11 528
-
-
Dividends
-
44 972
-
-
withholding

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

-
13 166
-
-
total
-
13 166
-
-
Income
56 500
56 500
56 500
56 500
Total tax
49 848
24 694
32 593
26 925
After tax
6 652
31 806
23 907
29 575
Living cost
32 519
32 519
32 519
32 519
Free-cash
-25 867
-713
-8 612
-2 944

Estimated living cost  is ₽32519 per week

₽20946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8220
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
-₽5978
-₽7986
-₽5301
-₽11196
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
-
-
-
56 500
municipal
-
-
-
11 967
national
-
-
-
-
health
-
-
-
3 526
accident
-
-
-
113
unemployment
-
-
-
57
pensions
-
-
-
6 108
other
-
-
-
6 565
total
-
-
-
28 336
Employee
51 511
-
42 992
-
national
-
-
-
-
municipal
15 361
-
12 820
-
total
15 361
-
12 820
-
Employer
51 511
-
42 992
-
unemployment
1 360
-
1 135
-
pensions
5 568
-
4 647
-
other
5 986
-
4 996
-
accident
103
-
86
-
health
3 168
-
2 644
-
total
16 185
-
13 508
-
Corporate
-
56 500
-
-
income
-
12 430
-
-
total
-
12 430
-
-
Dividends
-
44 070
-
-
withholding
-
13 221
-
-
total
-
13 221
-
-
Income
56 500
56 500
56 500
56 500
Total tax
31 546
25 651
26 328
28 336
After tax
24 954
30 849
30 172
28 164
Living cost
36 150
36 150
36 150
36 150
Free-cash
-11 196
-5 301
-5 978
-7 986

Estimated living cost  is ₽36150 per week

₽23959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
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.
₽8095
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
₽5894
₽264
-₽4407
-₽77514
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
-
-
-
56 500
income
-
-
-
11 013
social contributions
-
-
-
6 441
total
-
-
-
17 454
Employee
55 607
-
-
-
income
12 266
-
-
-
social contributions
4 560
-
650
-
total
16 826
-
650
-
Employer
55 607
-
-
-
social contributions
78 406
-
11 174
-
total
78 406
-
11 174
-
Corporate
-
56 500
-
-
income
-
12 430
-
-
total
-
12 430
-
-
Dividends
-
44 070
-
-
income
-
9 695
-
-
total
-
9 695
-
-
Income
56 500
56 500
56 500
56 500
Total tax
95 232
22 125
11 824
17 454
After tax
-38 732
34 375
44 676
39 046
Living cost
38 782
38 782
38 782
38 782
Free-cash
-77 514
-4 407
5 894
264

Estimated living cost  is ₽38782 per week

₽25163
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.
₽9477
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
₽10371
₽14668
₽7404
₽8918
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
-
-
-
56 500
income
-
-
-
2 649
social contributions
-
-
-
8 815
health
-
-
-
1 440
total
-
-
-
12 904
Employee
68 581
68 581
68 581
-
income
7 202
6 349
6 866
-
social contributions
3 333
5 692
4 257
-
health
682
1 166
872
-
total
11 217
13 207
11 995
-
Employer
68 581
68 581
68 581
-
social contributions
3 333
5 692
4 257
-
health
743
1 269
949
-
total
4 076
6 961
5 206
-
Corporate
12 280
-
-
-
income
1 535
-
-
-
total
1 535
-
-
-
Dividends
10 745
-
-
-
withholding
1 826
-
-
-
total
1 826
-
-
-
Income
56 500
56 500
56 500
56 500
Total tax
18 654
20 168
17 201
12 904
After tax
37 846
36 332
39 299
43 596
Living cost
28 928
28 928
28 928
28 928
Free-cash
8 918
7 404
10 371
14 668

Estimated living cost  is ₽28928 per week

₽19775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6408
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
₽4272
₽10212
₽10260
₽5389
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
-
-
-
56 500
income
-
-
-
10 571
pensions
-
-
-
3 644
total
-
-
-
14 215
Employee
44 025
-
50 240
-
income
8 017
-
9 086
-
health
574
-
702
-
pensions
3 360
-
4 106
-
total
11 951
-
13 894
-
Employer
44 025
-
50 240
-
pensions
4 448
-
5 306
-
health
837
-
955
-
total
5 285
-
6 261
-
Corporate
7 190
56 500
-
-
income

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

1 365
10 735
-
-
total
1 365
10 735
-
-
Dividends
5 825
45 765
-
-
withholding
437
3 432
-
-
total
437
3 432
-
-
Income
56 500
56 500
56 500
56 500
Total tax
19 038
14 167
20 155
14 215
After tax
37 462
42 333
36 345
42 285
Living cost
32 073
32 073
32 073
32 073
Free-cash
5 389
10 260
4 272
10 212

Estimated living cost  is ₽32073 per week

₽22002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6718
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
-₽8284
-₽5146
-₽5769
-₽18657
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
-
-
-
56 500
municipal
-
-
-
377
regional
-
-
-
891
national
-
-
-
10 316
social contributions
-
-
-
14 532
total
-
-
-
26 116
Employee
75 155
-
56 500
-
regional
1 135
-
769
-
social contributions
25 342
-
19 052
-
national
12 701
-
9 096
-
municipal
449
-
337
-
total
39 627
-
29 254
-
Employer
75 155
-
56 500
-
total
-
-
-
-
Corporate
-
56 500
-
-
nationa
-
13 560
-
-
municipal
-
2 723
-
-
total
-
16 283
-
-
Dividends
-
40 216
-
-
withholding
-
10 456
-
-
total
-
10 456
-
-
Income
56 500
56 500
56 500
56 500
Total tax
39 627
26 739
29 254
26 116
After tax
16 873
29 761
27 246
30 384
Living cost
35 530
35 530
35 530
35 530
Free-cash
-18 657
-5 769
-8 284
-5 146

Estimated living cost  is ₽35530 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽7591
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
₽10605
₽20352
-₽14028
₽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
-
-
-
56 500
income
-
-
-
11 653
health
-
-
-
1 844
accident
-
-
-
214
pensions
-
-
-
3 519
other
-
-
-
313
total
-
-
-
17 543
Employee
29 267
-
46 935
-
income
4 015
-
7 066
-
health
3 351
-
5 374
-
pensions
3 296
-
5 285
-
total
10 662
-
17 725
-
Employer
29 267
-
46 935
-
unemployment
717
-
1 150
-
pensions
4 759
-
7 631
-
accident
489
-
784
-
total
5 965
-
9 565
-
Corporate
21 269
56 500
-
-
income

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

19 142
50 850
-
-
total
19 142
50 850
-
-
Dividends
2 127
5 650
-
-
withholding
404
1 073
-
-
total
404
1 073
-
-
Income
56 500
56 500
56 500
56 500
Total tax
36 173
51 923
27 290
17 543
After tax
20 327
4 577
29 210
38 957
Living cost
18 605
18 605
18 605
18 605
Free-cash
1 722
-14 028
10 605
20 352

Estimated living cost  is ₽18605 per week

₽13636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3550
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
₽8399
₽6241
-₽5188
₽6476
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.

-
-
-
56 500
income

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

-
-
-
7 181
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 093
trade
-
-
-
2 158
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.

-
-
-
394
total
-
-
-
15 826
Employee

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

44 376
-
56 500
-
income

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

3 649
-
7 181
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 093
-
6 093
-
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
-
394
-
total
9 943
-
13 668
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
12 124
56 500
-
-
chamber of commerce
154
218
-
-
income
1 818
8 474
-
-
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.

100
465
-
-
trade
1 740
8 107
-
-
total
3 812
17 264
-
-
Dividends
8 312
39 235
-
-
withholding
1 740
9 470
-
-
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.

96
521
-
-
total
1 836
9 991
-
-
Income
56 500
56 500
56 500
56 500
Total tax
15 591
27 255
13 668
15 826
After tax
40 909
29 245
42 832
40 674
Living cost
34 433
34 433
34 433
34 433
Free-cash
6 476
-5 188
8 399
6 241

Estimated living cost  is ₽34433 per week

₽23753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
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.
₽6476
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
₽13663
₽26663
₽26644
₽19330
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.

-
-
-
56 500
microenterprise
-
-
-
8 474
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.

-
-
-
2 808
surtax
-
-
-
-
total
-
-
-
11 282
Employee
26 061
-
45 531
-
income
4 639
-
8 305
-
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.

2 867
-
5 008
-
surtax
-
-
-
-
total
7 506
-
13 313
-
Employer
26 061
-
45 531
-
social contributions

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

6 277
-
10 969
-
surtax
-
-
-
-
total
6 277
-
10 969
-
Corporate
24 161
56 500
-
-
income

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

4 832
11 301
-
-
total
4 832
11 301
-
-
Dividends

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

19 329
45 199
-
-
total
-
-
-
-
Income
56 500
56 500
56 500
56 500
Total tax
18 615
11 301
24 282
11 282
After tax
37 885
45 199
32 218
45 218
Living cost
18 555
18 555
18 555
18 555
Free-cash
19 330
26 644
13 663
26 663

Estimated living cost  is ₽18555 per week

₽11837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4529
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
₽17316
₽18148
₽23552
₽21630
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
-
-
-
56 500
income
-
-
-
11 922
health
-
-
-
6 189
pensions
-
-
-
8 537
total
-
-
-
26 648
Employee
17 826
-
46 896
-
income
3 448
-
11 473
-
health
891
-
2 134
-
unemployment
178
-
427
-
pensions
1 604
-
3 842
-
total
6 121
-
17 876
-
Employer
17 826
-
46 896
-
unemployment
357
-
854
-
pensions
1 961
-
4 695
-
health
1 694
-
4 055
-
total
4 012
-
9 604
-
Corporate
34 663
56 500
-
-
income
7 626
12 430
-
-
total
7 626
12 430
-
-
Dividends
27 037
44 070
-
-
withholding
5 407
8 814
-
-
total
5 407
8 814
-
-
Income
56 500
56 500
56 500
56 500
Total tax
23 166
21 244
27 480
26 648
After tax
33 334
35 256
29 020
29 852
Living cost
11 704
11 704
11 704
11 704
Free-cash
21 630
23 552
17 316
18 148

Estimated living cost  is ₽11704 per week

₽6955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽268
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.
₽3532
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
₽10229
₽11457
₽15506
₽12668
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
-
-
-
56 500
income
-
-
-
8 840
health
-
-
-
4 011
unemployment
-
-
-
203
surtax
-
-
-
655
pensions
-
-
-
11 301
other
-
-
-
-
total
-
-
-
25 010
Employee
30 035
-
46 675
-
other
-
-
-
-
income
5 035
-
8 300
-
health
767
-
1 190
-
unemployment
2 090
-
3 248
-
surtax
107
-
562
-
pensions
2 004
-
3 113
-
total
10 003
-
16 413
-
Employer
30 035
-
46 675
-
unemployment
953
-
1 479
-
pensions
4 004
-
6 222
-
other
-
-
-
-
health
1 366
-
2 124
-
total
6 323
-
9 825
-
Corporate
20 142
56 500
-
-
income
5 237
14 689
-
-
total
5 237
14 689
-
-
Dividends
14 905
41 811
-
-
withholding
2 236
6 272
-
-
total
2 236
6 272
-
-
Income
56 500
56 500
56 500
56 500
Total tax
23 799
20 961
26 238
25 010
After tax
32 701
35 539
30 262
31 490
Living cost
20 033
20 033
20 033
20 033
Free-cash
12 668
15 506
10 229
11 457

Estimated living cost  is ₽20033 per week

₽12095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5733
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
-₽7522
₽2585
₽3865
₽3420
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
-
-
-
56 500
income
-
-
-
4 988
chamber of commerce
-
-
-
227
health
-
-
-
4 323