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
₽ 58500
per

Your estimated
City
free-cash

Valencia , Spain
₽12729
₽9466
₽9051
₽17014
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
-
-
-
58 500
unemployment
-
-
-
409
income
-
-
-
9 442
other
-
-
-
59
accident
-
-
-
527
pensions
-
-
-
16 556
total
-
-
-
26 993
Employee
30 196
-
44 359
-
unemployment
468
-
688
-
pensions
1 420
-
2 084
-
income
5 822
-
9 620
-
other
29
-
45
-
total
7 739
-
12 437
-
Employer
30 196
-
44 359
-
pensions
7 126
-
10 468
-
accident
598
-
879
-
unemployment
1 661
-
2 439
-
other
242
-
355
-
total
9 627
-
14 141
-
Corporate
18 677
58 500
-
-
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.

2 802
8 774
-
-
total
2 802
8 774
-
-
Dividends
15 876
49 726
-
-
withholding
3 147
10 256
-
-
total
3 147
10 256
-
-
Income
58 500
58 500
58 500
58 500
Total tax
23 315
19 030
26 578
26 993
After tax
35 185
39 470
31 922
31 507
Living cost
22 456
22 456
22 456
22 456
Free-cash
12 729
17 014
9 466
9 051

Estimated living cost  is ₽22456 per week

₽15158
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
₽15705
₽12530
₽9916
₽21219
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
-
-
-
58 500
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.

-
-
-
14 040
income
-
-
-
7 431
other
-
-
-
2 779
health
-
-
-
2 574
total
-
-
-
26 824
Employee
29 651
-
46 725
-
health
415
-
654
-
unemployment
296
-
468
-
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
-
3 271
-
income
5 105
-
8 043
-
total
7 891
-
12 436
-
Employer
29 651
-
46 725
-
health
415
-
654
-
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.

5 041
-
7 944
-
accident
237
-
373
-
unemployment
296
-
468
-
other
1 483
-
2 335
-
total
7 472
-
11 774
-
Corporate
21 376
58 500
-
-
income
4 490
12 285
-
-
total
4 490
12 285
-
-
Dividends
16 887
46 215
-
-
withholding
1 182
3 236
-
-
total
1 182
3 236
-
-
Income
58 500
58 500
58 500
58 500
Total tax
21 035
15 521
24 210
26 824
After tax
37 465
42 979
34 290
31 676
Living cost
21 760
21 760
21 760
21 760
Free-cash
15 705
21 219
12 530
9 916

Estimated living cost  is ₽21760 per week

₽15375
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.
₽4565
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
₽35519
₽32777
₽31404
₽39311
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
-
-
-
58 500
pensions

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

-
-
-
4 221
unemployment
-
-
-
114
income
-
-
-
8 775
health
-
-
-
3 280
total
-
-
-
16 390
Employee
14 177
-
52 904
-
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
1 417
-
5 290
-
total
3 470
-
9 421
-
Employer
14 177
-
52 904
-
health
979
-
1 968
-
pensions

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

1 562
-
3 143
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
171
-
total
2 782
-
5 596
-
Corporate
41 541
58 500
-
-
income
4 154
5 850
-
-
total
4 154
5 850
-
-
Dividends
37 387
52 650
-
-
withholding
1 869
2 633
-
-
total
1 869
2 633
-
-
Income
58 500
58 500
58 500
58 500
Total tax
12 275
8 483
15 017
16 390
After tax
46 225
50 017
43 483
42 110
Living cost
10 706
10 706
10 706
10 706
Free-cash
35 519
39 311
32 777
31 404

Estimated living cost  is ₽10706 per week

₽6251
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.
₽3408
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
₽6368
₽7103
₽6857
₽1546
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
-
-
-
58 500
income
-
-
-
3 197
other
-
-
-
1 813
health
-
-
-
507
social contributions
-
-
-
1 666
pensions
-
-
-
16 520
surtax
-
-
-
-
total
-
-
-
23 703
Employee
34 951
-
44 579
-
pensions
3 952
-
5 041
-
income
2 063
-
3 227
-
social contributions
996
-
1 269
-
surtax
-
-
-
-
total
7 011
-
9 537
-
Employer
34 951
-
44 579
-
health
2 447
-
3 121
-
social contributions
105
-
133
-
pensions
5 742
-
7 324
-
unemployment
1 415
-
1 805
-
other
1 206
-
1 537
-
total
10 915
-
13 920
-
Corporate
12 635
58 500
-
-
income
3 538
16 380
-
-
surtax
-
-
-
-
total
3 538
16 380
-
-
Dividends
9 097
42 120
-
-
social contributions
1 564
7 243
-
-
surtax
-
-
-
-
withholding
1 164
5 391
-
-
total
2 728
12 634
-
-
Income
58 500
58 500
58 500
58 500
Total tax
24 192
29 014
23 457
23 703
After tax
34 308
29 486
35 043
34 797
Living cost
27 940
27 940
27 940
27 940
Free-cash
6 368
1 546
7 103
6 857

Estimated living cost  is ₽27940 per week

₽17617
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
-₽22595
-₽22595
-₽876
-₽18011
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
-
-
-
58 500
pensions
-
-
-
9 568
income
-
-
-
7 133
health
-
-
-
8 465
total
-
-
-
25 166
Employee
69 737
69 737
69 737
-
health
10 704
9 105
10 704
-
pensions
12 553
9 568
12 553
-
income

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

11 415
11 415
11 415
-
total
34 672
30 088
34 672
-
Employer
69 737
69 737
69 737
-
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
58 500
58 500
58 500
58 500
Total tax
46 885
42 301
46 885
25 166
After tax
11 615
16 199
11 615
33 334
Living cost
34 210
34 210
34 210
34 210
Free-cash
-22 595
-18 011
-22 595
-876

Estimated living cost  is ₽34210 per week

₽24244
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.
₽6338
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
₽13944
₽18991
₽15757
₽4913
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.

-
-
-
58 500
trade
-
-
-
3 234
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.

-
-
-
8 716
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.

-
-
-
5 579
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.

-
-
-
479
total
-
-
-
18 008
Employee

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

31 235
-
58 500
-
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.

5 579
-
5 579
-
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.

872
-
8 716
-
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
-
479
-
total
6 499
-
14 774
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 265
58 500
-
-
income
4 090
8 774
-
-
trade
4 294
9 213
-
-
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.

225
482
-
-
chamber of commerce
163
208
-
-
total
8 772
18 677
-
-
Dividends
18 494
39 823
-
-
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.

237
530
-
-
withholding
4 313
9 645
-
-
total
4 550
10 175
-
-
Income
58 500
58 500
58 500
58 500
Total tax
19 821
28 852
14 774
18 008
After tax
38 679
29 648
43 726
40 492
Living cost
24 735
24 735
24 735
24 735
Free-cash
13 944
4 913
18 991
15 757

Estimated living cost  is ₽24735 per week

₽15559
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.
₽5830
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
₽19604
₽22790
₽25218
₽21126
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
-
-
-
58 500
income
-
-
-
3 757
health
-
-
-
1 492
social contributions
-
-
-
9 126
total
-
-
-
14 375
Employee
62 795
62 795
62 795
-
health
487
1 068
903
-
income
6 837
5 813
6 103
-
social contributions
2 374
5 212
4 407
-
total
9 698
12 093
11 413
-
Employer
62 795
62 795
62 795
-
health
528
1 162
983
-
social contributions
2 374
5 212
4 407
-
total
2 902
6 374
5 390
-
Corporate
26 992
-
-
-
income
3 374
-
-
-
total
3 374
-
-
-
Dividends
23 618
-
-
-
withholding
4 015
-
-
-
total
4 015
-
-
-
Income
58 500
58 500
58 500
58 500
Total tax
19 989
18 467
16 803
14 375
After tax
38 511
40 033
41 697
44 125
Living cost
18 907
18 907
18 907
18 907
Free-cash
19 604
21 126
22 790
25 218

Estimated living cost  is ₽18907 per week

₽11332
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.
₽5303
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
₽6838
₽5553
₽7691
₽7660
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.

-
-
-
58 500
income
-
-
-
4 865
social contributions

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

-
-
-
20 329
surtax
-
-
-
-
total
-
-
-
25 194
Employee
37 559
-
47 272
-
income
7 812
-
10 905
-
social contributions
4 132
-
5 199
-
surtax
-
-
-
-
total
11 944
-
16 104
-
Employer
37 559
-
47 272
-
social contributions
8 920
-
11 228
-
total
8 920
-
11 228
-
Corporate
12 021
58 500
-
-
income
2 524
12 285
-
-
surtax
-
-
-
-
total
2 524
12 285
-
-
Dividends
9 497
46 215
-
-
withholding
2 659
12 940
-
-
total
2 659
12 940
-
-
Income
58 500
58 500
58 500
58 500
Total tax
26 047
25 225
27 332
25 194
After tax
32 453
33 275
31 168
33 306
Living cost
25 615
25 615
25 615
25 615
Free-cash
6 838
7 660
5 553
7 691

Estimated living cost  is ₽25615 per week

₽19165
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.
₽4511
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
₽48341
₽40708
₽51823
₽49483
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%.

-
-
-
58 500
microenterprise

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

-
-
-
585
total
-
-
-
585
Employee
7 614
-
58 500
-
income
1 523
-
11 700
-
total
1 523
-
11 700
-
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%.

50 886
58 500
-
-
total
-
-
-
-
Dividends
50 886
58 500
-
-
withholding
2 544
2 925
-
-
total
2 544
2 925
-
-
Income
58 500
58 500
58 500
58 500
Total tax
4 067
2 925
11 700
585
After tax
54 433
55 575
46 800
57 915
Living cost
6 092
6 092
6 092
6 092
Free-cash
48 341
49 483
40 708
51 823

Estimated living cost  is ₽6092 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.
₽1643
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
₽11543
₽7700
₽9378
₽18372
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.

-
-
-
58 500
pensions
-
-
-
10 684
unemployment
-
-
-
88
income
-
-
-
10 689
health
-
-
-
5 757
total
-
-
-
27 218
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.

36 112
-
50 617
-
health
2 332
-
3 270
-
unemployment
51
-
71
-
pensions
5 598
-
7 846
-
income
6 227
-
9 826
-
total
14 208
-
21 013
-
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.

36 112
-
50 617
-
health
2 405
-
3 372
-
pensions
3 196
-
4 480
-
unemployment
22
-
31
-
total
5 623
-
7 883
-
Corporate
16 766
58 500
-
-
income
3 186
11 115
-
-
total
3 186
11 115
-
-
Dividends
13 580
47 385
-
-
withholding
2 036
7 109
-
-
total
2 036
7 109
-
-
Income
58 500
58 500
58 500
58 500
Total tax
25 053
18 224
28 896
27 218
After tax
33 447
40 276
29 604
31 282
Living cost
21 904
21 904
21 904
21 904
Free-cash
11 543
18 372
7 700
9 378

Estimated living cost  is ₽21904 per week

₽15032
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.
₽5044
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
₽8797
₽12958
₽439
₽4067
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.

-
-
-
58 500
income
-
-
-
23 246
health

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

-
-
-
5 171
total
-
-
-
28 417
Employee
37 462
-
54 743
-
social contributions
3 753
-
3 757
-
income
4 065
-
8 384
-
total
7 818
-
12 141
-
Employer
37 462
-
54 743
-
social contributions
3 753
-
3 757
-
total
3 753
-
3 757
-
Corporate
17 284
58 500
-
-
income
6 050
20 475
-
-
total
6 050
20 475
-
-
Dividends
11 234
38 025
-
-
social contributions
2 438
4 314
-
-
total
2 438
4 314
-
-
Income
58 500
58 500
58 500
58 500
Total tax
20 059
24 789
15 898
28 417
After tax
38 441
33 711
42 602
30 083
Living cost
29 644
29 644
29 644
29 644
Free-cash
8 797
4 067
12 958
439

Estimated living cost  is ₽29644 per week

₽19526
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
₽18799
₽21555
₽20255
₽18375
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
-
-
-
58 500
income
-
-
-
8 774
health
-
-
-
4 083
social contributions
-
-
-
8 072
total
-
-
-
20 929
Employee
27 689
-
58 500
-
health
1 932
-
4 083
-
income
4 618
-
7 474
-
social contributions
3 822
-
8 072
-
total
10 372
-
19 629
-
Employer
27 689
-
58 500
-
total
-
-
-
-
Corporate
30 811
58 500
-
-
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%.

1 540
2 924
-
-
total
1 540
2 924
-
-
Dividends
29 271
55 576
-
-
social contributions
4 040
7 670
-
-
withholding
4 390
8 336
-
-
health
2 043
3 879
-
-
total
10 473
19 885
-
-
Income
58 500
58 500
58 500
58 500
Total tax
22 385
22 809
19 629
20 929
After tax
36 115
35 691
38 871
37 571
Living cost
17 316
17 316
17 316
17 316
Free-cash
18 799
18 375
21 555
20 255

Estimated living cost  is ₽17316 per week

₽11589
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.
₽4260
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
₽9393
₽6922
₽5729
₽17513
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
-
-
-
58 500
income
-
-
-
5 028
health
-
-
-
7 897
social contributions
-
-
-
17 082
solidarity contribution
-
-
-
-
total
-
-
-
30 007
Employee
33 477
-
43 657
-
health
4 519
-
5 894
-
solidarity contribution
-
-
-
-
income
4 017
-
5 239
-
social contributions
2 176
-
2 838
-
total
10 712
-
13 971
-
Employer
33 477
-
43 657
-
health
3 013
-
3 929
-
social contributions
8 369
-
10 914
-
total
11 382
-
14 843
-
Corporate
13 641
58 500
-
-
income
2 592
11 115
-
-
total
2 592
11 115
-
-
Dividends
11 049
47 385
-
-
withholding
1 657
7 108
-
-
total
1 657
7 108
-
-
Income
58 500
58 500
58 500
58 500
Total tax
26 343
18 223
28 814
30 007
After tax
32 157
40 277
29 686
28 493
Living cost
22 764
22 764
22 764
22 764
Free-cash
9 393
17 513
6 922
5 729

Estimated living cost  is ₽22764 per week

₽16929
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.
₽4180
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
₽44302
₽37307
₽48422
₽46082
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%.

-
-
-
58 500
microenterprise

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

-
-
-
585
total
-
-
-
585
Employee
11 866
-
58 500
-
income
2 373
-
11 700
-
total
2 373
-
11 700
-
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%.

46 634
58 500
-
-
total
-
-
-
-
Dividends
46 634
58 500
-
-
withholding
2 332
2 925
-
-
total
2 332
2 925
-
-
Income
58 500
58 500
58 500
58 500
Total tax
4 705
2 925
11 700
585
After tax
53 795
55 575
46 800
57 915
Living cost
9 493
9 493
9 493
9 493
Free-cash
44 302
46 082
37 307
48 422

Estimated living cost  is ₽9493 per week

₽6424
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
-₽8621
-₽4399
-₽4645
-₽9956
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
-
-
-
58 500
income
-
-
-
3 197
other
-
-
-
1 813
health
-
-
-
507
social contributions
-
-
-
1 666
pensions
-
-
-
16 520
surtax
-
-
-
-
total
-
-
-
23 703
Employee
51 147
-
44 579
-
pensions
5 785
-
5 041
-
income
4 463
-
3 227
-
social contributions
1 457
-
1 269
-
surtax
-
-
-
-
total
11 705
-
9 537
-
Employer
51 147
-
44 579
-
health
3 580
-
3 121
-
social contributions
153
-
133
-
pensions
8 404
-
7 324
-
unemployment
2 072
-
1 805
-
other
1 765
-
1 537
-
total
15 974
-
13 920
-
Corporate
-
58 500
-
-
income
-
16 380
-
-
surtax
-
-
-
-
total
-
16 380
-
-
Dividends
-
42 120
-
-
social contributions
-
7 243
-
-
surtax
-
-
-
-
withholding
-
5 391
-
-
total
-
12 634
-
-
Income
58 500
58 500
58 500
58 500
Total tax
27 679
29 014
23 457
23 703
After tax
30 821
29 486
35 043
34 797
Living cost
39 442
39 442
39 442
39 442
Free-cash
-8 621
-9 956
-4 399
-4 645

Estimated living cost  is ₽39442 per week

₽26694
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.
₽8981
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
₽24191
₽16695
₽14513
₽28194
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.

-
-
-
58 500
pensions
-
-
-
15 210
unemployment
-
-
-
877
income
-
-
-
7 803
health
-
-
-
6 025
total
-
-
-
29 915
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.

21 219
-
49 618
-
health
1 093
-
2 555
-
unemployment
159
-
372
-
pensions
2 971
-
6 947
-
income
2 925
-
8 978
-
total
7 148
-
18 852
-
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.

21 219
-
49 618
-
health
1 093
-
2 555
-
pensions
2 546
-
5 954
-
unemployment
159
-
372
-
total
3 798
-
8 881
-
Corporate
33 483
58 500
-
-
income
5 022
8 775
-
-
total
5 022
8 775
-
-
Dividends
28 460
49 725
-
-
withholding
4 269
7 459
-
-
total
4 269
7 459
-
-
Income
58 500
58 500
58 500
58 500
Total tax
20 237
16 234
27 733
29 915
After tax
38 263
42 266
30 767
28 585
Living cost
14 072
14 072
14 072
14 072
Free-cash
24 191
28 194
16 695
14 513

Estimated living cost  is ₽14072 per week

₽9474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
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
-₽14260
-₽10532
-₽7545
-₽30018
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
-
-
-
58 500
pensions
-
-
-
5 383
city
-
-
-
615
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.

-
-
-
1 169
health
-
-
-
185
regional
-
-
-
1 683
national
-
-
-
242
total
-
-
-
9 277
Employee
66 433
-
52 362
-
health
150
-
118
-
unemployment
-
-
-
-
city
713
-
563
-
pensions
5 581
-
4 397
-
regional
2 175
-
1 422
-
national
314
-
202
-
total
8 933
-
6 702
-
Employer
66 433
-
52 362
-
health
150
-
118
-
pensions
5 581
-
4 397
-
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.

1 328
-
1 047
-
total
7 059
-
5 562
-
Corporate
-
58 500
-
-
regional
-
12 373
-
-
national
-
4 972
-
-
total
-
17 345
-
-
Dividends
-
41 156
-
-
withholding
-
14 405
-
-
total
-
14 405
-
-
Income
58 500
58 500
58 500
58 500
Total tax
15 992
31 750
12 264
9 277
After tax
42 508
26 750
46 236
49 223
Living cost
56 768
56 768
56 768
56 768
Free-cash
-14 260
-30 018
-10 532
-7 545

Estimated living cost  is ₽56768 per week

₽36915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5094
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.
₽14061
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
₽5139
₽3851
₽12403
₽8659
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

-
-
-
58 500
municipal
-
-
-
10 430
health
-
-
-
559
national
-
-
-
3 755
total
-
-
-
14 744
Employee
42 965
-
49 213
-
health
321
-
417
-
unemployment
645
-
738
-
pensions
2 900
-
3 323
-
national
710
-
1 478
-
municipal
7 037
-
8 052
-
total
11 613
-
14 008
-
Employer
42 965
-
49 213
-
health
330
-
380
-
pensions
7 454
-
8 539
-
accident
43
-
50
-
unemployment
279
-
319
-
total
8 106
-
9 288
-
Corporate
7 429
58 500
-
-
income
1 486
11 700
-
-
total
1 486
11 700
-
-
Dividends

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

4 457
35 100
-
-
municipal
803
6 318
-
-
national
-
470
-
-
total
803
6 788
-
-
Income
58 500
58 500
58 500
58 500
Total tax
22 008
18 488
23 296
14 744
After tax
36 492
40 012
35 204
43 756
Living cost
31 353
31 353
31 353
31 353
Free-cash
5 139
8 659
3 851
12 403

Estimated living cost  is ₽31353 per week

₽20479
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
-₽16918
-₽5583
-₽78
₽3118
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
-
-
-
58 500
communal

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

-
-
-
3 037
social contributions
-
-
-
7 876
national
-
-
-
17 889
total
-
-
-
28 802
Employee

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

58 414
-
45 310
-
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
-
2 129
-
communal

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

3 047
-
2 363
-
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
-
394
-
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.

4 381
-
3 399
-
national
17 959
-
12 832
-
total
28 640
-
21 117
-
Employer

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

58 414
-
45 310
-
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.

3 592
-
2 786
-
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.

5 176
-
4 014
-
surtax
6 623
-
5 139
-
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
-
589
-
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
-
662
-
total
17 002
-
13 190
-
Corporate
-
58 500
-
-
income
-
11 700
-
-
surtax
-
234
-
-
total
-
11 934
-
-
Dividends
-
46 566
-
-
withholding

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

-
13 672
-
-
total
-
13 672
-
-
Income
58 500
58 500
58 500
58 500
Total tax
45 642
25 606
34 307
28 802
After tax
12 858
32 894
24 193
29 698
Living cost
29 776
29 776
29 776
29 776
Free-cash
-16 918
3 118
-5 583
-78

Estimated living cost  is ₽29776 per week

₽19179
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.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7527
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
-₽7417
-₽3961
-₽6039
-₽3260
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
-
-
-
58 500
unemployment
-
-
-
58
municipal
-
-
-
12 391
other
-
-
-
6 798
health
-
-
-
3 650
national
-
-
-
-
accident
-
-
-
117
pensions
-
-
-
6 324
total
-
-
-
29 338
Employee
50 158
-
44 514
-
national
-
-
-
-
municipal
14 957
-
13 274
-
total
14 957
-
13 274
-
Employer
50 158
-
44 514
-
health
3 085
-
2 738
-
pensions
5 422
-
4 812
-
accident
100
-
89
-
unemployment
1 324
-
1 175
-
other
5 828
-
5 172
-
total
15 759
-
13 986
-
Corporate
-
58 500
-
-
income
-
12 870
-
-
total
-
12 870
-
-
Dividends
-
45 630
-
-
withholding
-
13 689
-
-
total
-
13 689
-
-
Income
58 500
58 500
58 500
58 500
Total tax
30 716
26 559
27 260
29 338
After tax
27 784
31 941
31 240
29 162
Living cost
35 201
35 201
35 201
35 201
Free-cash
-7 417
-3 260
-3 961
-6 039

Estimated living cost  is ₽35201 per week

₽23330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
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.
₽7883
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
-₽75423
₽7929
₽1673
-₽3164
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
-
-
-
58 500
income
-
-
-
11 403
social contributions
-
-
-
6 669
total
-
-
-
18 072
Employee
55 570
-
-
-
income
12 258
-
-
-
social contributions
4 557
-
649
-
total
16 815
-
649
-
Employer
55 570
-
-
-
social contributions
78 353
-
11 167
-
total
78 353
-
11 167
-
Corporate
-
58 500
-
-
income
-
12 870
-
-
total
-
12 870
-
-
Dividends
-
45 630
-
-
income
-
10 039
-
-
total
-
10 039
-
-
Income
58 500
58 500
58 500
58 500
Total tax
95 168
22 909
11 816
18 072
After tax
-36 668
35 591
46 684
40 428
Living cost
38 755
38 755
38 755
38 755
Free-cash
-75 423
-3 164
7 929
1 673

Estimated living cost  is ₽38755 per week

₽25146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3645
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.
₽9470
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
₽13081
₽15210
₽17638
₽13546
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
-
-
-
58 500
income
-
-
-
3 757
health
-
-
-
1 492
social contributions
-
-
-
9 126
total
-
-
-
14 375
Employee
62 795
62 795
62 795
-
health
625
1 068
903
-
income
6 594
5 813
6 103
-
social contributions
3 051
5 212
4 407
-
total
10 270
12 093
11 413
-
Employer
62 795
62 795
62 795
-
health
680
1 162
983
-
social contributions
3 051
5 212
4 407
-
total
3 731
6 374
5 390
-
Corporate
18 011
-
-
-
income
2 252
-
-
-
total
2 252
-
-
-
Dividends
15 759
-
-
-
withholding
2 679
-
-
-
total
2 679
-
-
-
Income
58 500
58 500
58 500
58 500
Total tax
18 932
18 467
16 803
14 375
After tax
39 568
40 033
41 697
44 125
Living cost
26 487
26 487
26 487
26 487
Free-cash
13 081
13 546
15 210
17 638

Estimated living cost  is ₽26487 per week

₽18107
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.
₽5867
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
₽10310
₽8179
₽14534
₽14733
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
-
-
-
58 500
income
-
-
-
10 909
pensions
-
-
-
3 958
total
-
-
-
14 867
Employee
39 942
-
51 839
-
health
521
-
764
-
pensions
3 049
-
4 477
-
income
7 274
-
9 320
-
total
10 844
-
14 561
-
Employer
39 942
-
51 839
-
health
759
-
985
-
pensions
4 035
-
5 676
-
total
4 794
-
6 661
-
Corporate
13 764
58 500
-
-
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.

2 616
11 114
-
-
total
2 616
11 114
-
-
Dividends
11 148
47 386
-
-
withholding
837
3 554
-
-
total
837
3 554
-
-
Income
58 500
58 500
58 500
58 500
Total tax
19 091
14 668
21 222
14 867
After tax
39 409
43 832
37 278
43 633
Living cost
29 099
29 099
29 099
29 099
Free-cash
10 310
14 733
8 179
14 534

Estimated living cost  is ₽29099 per week

₽19961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
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.
₽6095
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
-₽10316
-₽4473
-₽1234
-₽1718
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
-
-
-
58 500
municipal
-
-
-
391
regional
-
-
-
955
social contributions
-
-
-
15 046
national
-
-
-
10 809
total
-
-
-
27 201
Employee
68 815
-
58 500
-
social contributions
23 204
-
19 726
-
regional
1 039
-
827
-
national
11 629
-
9 538
-
municipal
411
-
349
-
total
36 283
-
30 440
-
Employer
68 815
-
58 500
-
total
-
-
-
-
Corporate
-
58 500
-
-
nationa
-
14 040
-
-
municipal
-
2 819
-
-
total
-
16 859
-
-
Dividends
-
41 641
-
-
withholding
-
10 826
-
-
total
-
10 826
-
-
Income
58 500
58 500
58 500
58 500
Total tax
36 283
27 685
30 440
27 201
After tax
22 217
30 815
28 060
31 299
Living cost
32 533
32 533
32 533
32 533
Free-cash
-10 316
-1 718
-4 473
-1 234

Estimated living cost  is ₽32533 per week

₽22852
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.
₽6950
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
₽2088
₽12472
₽22990
-₽12551
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
-
-
-
58 500
pensions
-
-
-
3 270
income
-
-
-
12 747
other
-
-
-
291
health
-
-
-
1 714
accident
-
-
-
198
total
-
-
-
18 220
Employee
27 199
-
48 596
-
health
3 114
-
5 564
-
pensions
3 063
-
5 472
-
income
3 731
-
7 798
-
total
9 908
-
18 834
-
Employer
27 199
-
48 596
-
pensions
4 423
-
7 902
-
accident
454
-
811
-
unemployment
666
-
1 191
-
total
5 543
-
9 904
-
Corporate
25 758
58 500
-
-
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.

23 182
52 650
-
-
total
23 182
52 650
-
-
Dividends
2 576
5 850
-
-
withholding
489
1 111
-
-
total
489
1 111
-
-
Income
58 500
58 500
58 500
58 500
Total tax
39 122
53 761
28 738
18 220
After tax
19 378
4 739
29 762
40 280
Living cost
17 290
17 290
17 290
17 290
Free-cash
2 088
-12 551
12 472
22 990

Estimated living cost  is ₽17290 per week

₽12672
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
₽9406
₽12198
₽9252
-₽1280
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.

-
-
-
58 500
trade
-
-
-
2 946
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.

-
-
-
8 716
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.

-
-
-
5 579
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.

-
-
-
479
total
-
-
-
17 720
Employee

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

40 633
-
58 500
-
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.

5 579
-
5 579
-
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.

3 341
-
8 716
-
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
-
479
-
total
9 104
-
14 774
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
17 867
58 500
-
-
income
2 679
8 774
-
-
trade
2 563
8 395
-
-
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.

147
482
-
-
chamber of commerce
150
209
-
-
total
5 539
17 860
-
-
Dividends
12 327
40 640
-
-
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.

152
542
-
-
withholding
2 771
9 850
-
-
total
2 923
10 392
-
-
Income
58 500
58 500
58 500
58 500
Total tax
17 566
28 252
14 774
17 720
After tax
40 934
30 248
43 726
40 780
Living cost
31 528
31 528
31 528
31 528
Free-cash
9 406
-1 280
12 198
9 252

Estimated living cost  is ₽31528 per week

₽21749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
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.
₽5929
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
₽23113
₽16250
₽30166
₽29811
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.

-
-
-
58 500
income
-
-
-
-
microenterprise
-
-
-
8 774
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
-
-
-
11 345
Employee
23 862
-
47 144
-
income
4 248
-
8 720
-
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.

2 625
-
5 185
-
surtax
-
-
-
-
total
6 873
-
13 905
-
Employer
23 862
-
47 144
-
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.

5 748
-
11 356
-
surtax
-
-
-
-
total
5 748
-
11 356
-
Corporate
28 890
58 500
-
-
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%.

5 777
11 700
-
-
total
5 777
11 700
-
-
Dividends

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

23 112
46 800
-
-
total
-
-
-
-
Income
58 500
58 500
58 500
58 500
Total tax
18 398
11 700
25 261
11 345
After tax
40 102
46 800
33 239
47 155
Living cost
16 989
16 989
16 989
16 989
Free-cash
23 113
29 811
16 250
30 166

Estimated living cost  is ₽16989 per week

₽10839
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
₽24817
₽21378
₽22092
₽26466
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
-
-
-
58 500
income
-
-
-
13 739
health
-
-
-
5 309
pensions
-
-
-
7 322
total
-
-
-
26 370
Employee
15 290
-
50 262
-
health
764
-
1 831
-
unemployment
153
-
366
-
pensions
1 376
-
3 295
-
income
2 958
-
13 355
-
total
5 251
-
18 847
-
Employer
15 290
-
50 262
-
health
1 453
-
3 478
-
pensions
1 682
-
4 027
-
unemployment
306
-
732
-
total
3 441
-
8 237
-
Corporate
39 770
58 500
-
-
income
8 749
12 870
-
-
total
8 749
12 870
-
-
Dividends
31 021
45 630
-
-
withholding
6 204
9 126
-
-
total
6 204
9 126
-
-
Income
58 500
58 500
58 500
58 500
Total tax
23 645
21 996
27 084
26 370
After tax
34 855
36 504
31 416
32 130
Living cost
10 038
10 038
10 038
10 038
Free-cash
24 817
26 466
21 378
22 092

Estimated living cost  is ₽10038 per week

₽5966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽814
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.
₽3029
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
₽15856
₽12460
₽13748
₽18454
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
-
-
-
58 500
pensions
-
-
-
11 700
unemployment
-
-
-
186
income
-
-
-
9 525
other
-
-
-
-
health
-
-
-
4 153
surtax
-
-
-
846
total
-
-
-
26 410
Employee
27 501
-
48 326
-
health
702
-
1 232
-
unemployment
1 914
-
3 363
-
pensions
1 835
-
3 223
-
income
4 610
-
8 957
-
other
-
-
-
-
surtax
98
-
749
-
total
9 159
-
17 524
-
Employer
27 501
-
48 326
-
health
1 251
-
2 199
-
pensions
3 667
-
6 442
-
unemployment
872
-
1 533
-
other
-
-
-
-
total
5 790
-
10 174
-
Corporate
25 209
58 500
-
-
income
6 554
15 210
-
-
total
6 554
15 210
-
-
Dividends
18 655
43 290
-
-
withholding
2 799
6 493
-
-
total
2 799
6 493
-
-
Income
58 500
58 500
58 500
58 500
Total tax
24 302
21 703
27 698
26 410
After tax
34 198
36 797
30 802
32 090
Living cost
18 342
18 342
18 342
18 342
Free-cash
15 856
18 454
12 460
13 748

Estimated living cost  is ₽18342 per week

₽11074
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
₽6812
-₽5400
₽5587
₽7218
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
-
-
-
58 500
pensions
-
-
-
10 823
chamber of commerce
-
-
-
234
unemployment
-
-
-