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
₽ 60000
per

Your estimated
City
free-cash

Valencia , Spain
₽8791
₽8367
₽16407
₽11814
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
-
-
-
60 000
income
-
-
-
9 552
accident
-
-
-
540
unemployment
-
-
-
420
pensions
-
-
-
16 979
other
-
-
-
60
total
-
-
-
27 551
Employee
32 381
-
45 495
-
other
32
-
45
-
income
6 243
-
9 733
-
unemployment
502
-
705
-
pensions
1 522
-
2 139
-
total
8 299
-
12 622
-
Employer
32 381
-
45 495
-
unemployment
1 782
-
2 503
-
pensions
7 641
-
10 737
-
other
259
-
364
-
accident
641
-
901
-
total
10 323
-
14 505
-
Corporate
17 295
60 000
-
-
income

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

2 594
9 001
-
-
total
2 594
9 001
-
-
Dividends
14 701
50 999
-
-
withholding
2 888
10 510
-
-
total
2 888
10 510
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 104
19 511
27 127
27 551
After tax
35 896
40 489
32 873
32 449
Living cost
24 082
24 082
24 082
24 082
Free-cash
11 814
16 407
8 791
8 367

Estimated living cost  is ₽24082 per week

₽16255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽5090
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
₽11834
₽9153
₽20746
₽14836
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
-
-
-
60 000
income
-
-
-
7 621
health
-
-
-
2 641
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.

-
-
-
14 400
other
-
-
-
2 850
total
-
-
-
27 512
Employee
31 797
-
47 923
-
income
5 474
-
8 250
-
health
445
-
671
-
unemployment
317
-
479
-
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.

2 225
-
3 354
-
total
8 461
-
12 754
-
Employer
31 797
-
47 923
-
unemployment
317
-
479
-
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.

5 406
-
8 147
-
other
1 590
-
2 396
-
accident
254
-
384
-
health
445
-
671
-
total
8 012
-
12 077
-
Corporate
20 189
60 000
-
-
income
4 239
12 600
-
-
total
4 239
12 600
-
-
Dividends
15 950
47 400
-
-
withholding
1 117
3 319
-
-
total
1 117
3 319
-
-
Income
60 000
60 000
60 000
60 000
Total tax
21 829
15 919
24 831
27 512
After tax
38 171
44 081
35 169
32 488
Living cost
23 335
23 335
23 335
23 335
Free-cash
14 836
20 746
11 834
9 153

Estimated living cost  is ₽23335 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽4896
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
₽32767
₽31425
₽39861
₽35809
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
-
-
-
60 000
income
-
-
-
9 000
health
-
-
-
3 504
unemployment
-
-
-
122
pensions

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

-
-
-
4 510
total
-
-
-
17 136
Employee
15 146
-
54 021
-
income
1 514
-
5 402
-
health
697
-
1 402
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
pensions

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

1 330
-
2 676
-
total
3 708
-
9 815
-
Employer
15 146
-
54 021
-
unemployment
91
-
183
-
pensions

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

1 669
-
3 358
-
accident

We are using the highest rate at 1.1%.

167
-
335
-
health
1 045
-
2 103
-
total
2 972
-
5 979
-
Corporate
41 882
60 000
-
-
income
4 188
6 000
-
-
total
4 188
6 000
-
-
Dividends
37 693
54 000
-
-
withholding
1 884
2 700
-
-
total
1 884
2 700
-
-
Income
60 000
60 000
60 000
60 000
Total tax
12 752
8 700
15 794
17 136
After tax
47 248
51 300
44 206
42 864
Living cost
11 439
11 439
11 439
11 439
Free-cash
35 809
39 861
32 767
31 425

Estimated living cost  is ₽11439 per week

₽6678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
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.
₽3641
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
₽6077
₽5776
₽279
₽5452
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
-
-
-
60 000
income
-
-
-
3 171
social contributions
-
-
-
1 708
health
-
-
-
520
surtax
-
-
-
-
pensions
-
-
-
17 003
other
-
-
-
1 860
total
-
-
-
24 262
Employee
37 480
-
45 719
-
income
2 212
-
3 207
-
social contributions
1 069
-
1 303
-
surtax
-
-
-
-
pensions
4 238
-
5 172
-
total
7 519
-
9 682
-
Employer
37 480
-
45 719
-
unemployment
1 517
-
1 851
-
social contributions
113
-
138
-
pensions
6 157
-
7 512
-
other
1 293
-
1 577
-
health
2 624
-
3 201
-
total
11 704
-
14 279
-
Corporate
10 815
60 000
-
-
income
3 028
16 800
-
-
surtax
-
-
-
-
total
3 028
16 800
-
-
Dividends
7 787
43 200
-
-
withholding
997
5 529
-
-
surtax
-
-
-
-
social contributions
1 338
7 430
-
-
total
2 335
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 586
29 759
23 961
24 262
After tax
35 414
30 241
36 039
35 738
Living cost
29 962
29 962
29 962
29 962
Free-cash
5 452
279
6 077
5 776

Estimated living cost  is ₽29962 per week

₽18892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽8125
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
-₽26962
-₽2474
-₽22046
-₽26962
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
-
-
-
60 000
income
-
-
-
6 607
health
-
-
-
8 921
pensions
-
-
-
10 260
total
-
-
-
25 788
Employee
74 785
74 785
74 785
-
income

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

12 241
12 241
12 241
-
health
11 479
9 764
11 479
-
pensions
13 461
10 260
13 461
-
total
37 181
32 265
37 181
-
Employer
74 785
74 785
74 785
-
unemployment
2 692
2 692
2 692
-
pensions
5 205
5 205
5 205
-
health
5 198
5 198
5 198
-
total
13 095
13 095
13 095
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
50 276
45 360
50 276
25 788
After tax
9 724
14 640
9 724
34 212
Living cost
36 686
36 686
36 686
36 686
Free-cash
-26 962
-22 046
-26 962
-2 474

Estimated living cost  is ₽36686 per week

₽25999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽6797
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
₽18560
₽15522
₽3890
₽13576
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.

-
-
-
60 000
income

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

-
-
-
8 466
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.

-
-
-
5 983
trade
-
-
-
3 038
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.

-
-
-
465
total
-
-
-
17 952
Employee

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

33 495
-
60 000
-
income

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

936
-
8 466
-
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.

5 983
-
5 983
-
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
-
465
-
total
6 971
-
14 914
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 505
60 000
-
-
chamber of commerce
171
219
-
-
income
3 975
9 001
-
-
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.

219
495
-
-
trade
4 175
9 449
-
-
total
8 540
19 164
-
-
Dividends
17 964
40 835
-
-
withholding
4 158
9 877
-
-
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.

229
543
-
-
total
4 387
10 420
-
-
Income
60 000
60 000
60 000
60 000
Total tax
19 898
29 584
14 914
17 952
After tax
40 102
30 416
45 086
42 048
Living cost
26 526
26 526
26 526
26 526
Free-cash
13 576
3 890
18 560
15 522

Estimated living cost  is ₽26526 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
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.
₽6252
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
₽22132
₽25363
₽19921
₽19035
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
-
-
-
60 000
income
-
-
-
3 470
social contributions
-
-
-
9 360
health
-
-
-
1 531
total
-
-
-
14 361
Employee
67 340
67 340
67 340
-
income
7 332
6 234
6 619
-
social contributions
2 546
5 589
4 520
-
health
522
1 145
926
-
total
10 400
12 968
12 065
-
Employer
67 340
67 340
67 340
-
social contributions
2 546
5 589
4 520
-
health
567
1 246
1 007
-
total
3 113
6 835
5 527
-
Corporate
26 211
-
-
-
income
3 277
-
-
-
total
3 277
-
-
-
Dividends
22 934
-
-
-
withholding
3 899
-
-
-
total
3 899
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
20 689
19 803
17 592
14 361
After tax
39 311
40 197
42 408
45 639
Living cost
20 276
20 276
20 276
20 276
Free-cash
19 035
19 921
22 132
25 363

Estimated living cost  is ₽20276 per week

₽12152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5687
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
₽4717
₽6778
₽6659
₽5777
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.

-
-
-
60 000
income
-
-
-
4 903
social contributions

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

-
-
-
20 850
surtax
-
-
-
-
total
-
-
-
25 753
Employee
40 277
-
48 485
-
income
8 378
-
10 966
-
social contributions
4 431
-
5 333
-
surtax
-
-
-
-
total
12 809
-
16 299
-
Employer
40 277
-
48 485
-
social contributions
9 566
-
11 515
-
total
9 566
-
11 515
-
Corporate
10 157
60 000
-
-
income
2 132
12 600
-
-
surtax
-
-
-
-
total
2 132
12 600
-
-
Dividends
8 025
47 400
-
-
withholding
2 247
13 272
-
-
total
2 247
13 272
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 754
25 872
27 814
25 753
After tax
33 246
34 128
32 186
34 247
Living cost
27 469
27 469
27 469
27 469
Free-cash
5 777
6 659
4 717
6 778

Estimated living cost  is ₽27469 per week

₽20553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4838
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
₽41713
₽53112
₽50712
₽49534
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%.

-
-
-
60 000
microenterprise

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

-
-
-
600
total
-
-
-
600
Employee
7 859
-
60 000
-
income
1 572
-
12 000
-
total
1 572
-
12 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

52 141
60 000
-
-
total
-
-
-
-
Dividends
52 141
60 000
-
-
withholding
2 607
3 000
-
-
total
2 607
3 000
-
-
Income
60 000
60 000
60 000
60 000
Total tax
4 179
3 000
12 000
600
After tax
55 821
57 000
48 000
59 400
Living cost
6 288
6 288
6 288
6 288
Free-cash
49 534
50 712
41 713
53 112

Estimated living cost  is ₽6288 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
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.
₽1695
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
₽7042
₽8763
₽17819
₽10495
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.

-
-
-
60 000
income
-
-
-
10 798
health
-
-
-
5 903
unemployment
-
-
-
90
pensions
-
-
-
10 957
total
-
-
-
27 748
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.

38 726
-
51 917
-
income
6 678
-
9 911
-
health
2 501
-
3 354
-
unemployment
55
-
73
-
pensions
6 003
-
8 047
-
total
15 237
-
21 385
-
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.

38 726
-
51 917
-
unemployment
23
-
32
-
pensions
3 427
-
4 595
-
health
2 579
-
3 457
-
total
6 029
-
8 084
-
Corporate
15 245
60 000
-
-
income
2 897
11 401
-
-
total
2 897
11 401
-
-
Dividends
12 348
48 599
-
-
withholding
1 853
7 291
-
-
total
1 853
7 291
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 016
18 692
29 469
27 748
After tax
33 984
41 308
30 531
32 252
Living cost
23 489
23 489
23 489
23 489
Free-cash
10 495
17 819
7 042
8 763

Estimated living cost  is ₽23489 per week

₽16120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽5409
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
₽11846
-₽2428
₽2583
₽7656
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.

-
-
-
60 000
income
-
-
-
24 928
health

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

-
-
-
5 710
total
-
-
-
30 638
Employee
40 174
-
55 972
-
social contributions
4 025
-
4 028
-
income
4 359
-
8 308
-
total
8 384
-
12 336
-
Employer
40 174
-
55 972
-
social contributions
4 025
-
4 028
-
total
4 025
-
4 028
-
Corporate
15 801
60 000
-
-
income
5 531
21 000
-
-
total
5 531
21 000
-
-
Dividends
10 270
39 000
-
-
social contributions
2 614
4 627
-
-
total
2 614
4 627
-
-
Income
60 000
60 000
60 000
60 000
Total tax
20 554
25 627
16 364
30 638
After tax
39 446
34 373
43 636
29 362
Living cost
31 790
31 790
31 790
31 790
Free-cash
7 656
2 583
11 846
-2 428

Estimated living cost  is ₽31790 per week

₽20940
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽7856
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
₽17038
₽19961
₽18035
₽18490
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
-
-
-
60 000
income
-
-
-
9 001
social contributions
-
-
-
8 280
health
-
-
-
4 188
total
-
-
-
21 469
Employee
29 693
-
60 000
-
income
4 952
-
11 924
-
social contributions
4 098
-
8 280
-
health
2 072
-
4 188
-
total
11 122
-
24 392
-
Employer
29 693
-
60 000
-
total
-
-
-
-
Corporate
30 307
60 000
-
-
income

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

1 516
3 000
-
-
total
1 516
3 000
-
-
Dividends
28 792
57 000
-
-
withholding
4 319
8 550
-
-
health
2 009
3 979
-
-
social contributions
3 974
7 866
-
-
total
10 302
20 395
-
-
Income
60 000
60 000
60 000
60 000
Total tax
22 940
23 395
24 392
21 469
After tax
37 060
36 605
35 608
38 531
Living cost
18 570
18 570
18 570
18 570
Free-cash
18 490
18 035
17 038
19 961

Estimated living cost  is ₽18570 per week

₽12428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽4569
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
₽6742
₽5517
₽17604
₽9148
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
-
-
-
60 000
income
-
-
-
5 157
social contributions
-
-
-
17 520
solidarity contribution
-
-
-
-
health
-
-
-
8 100
total
-
-
-
30 777
Employee
34 862
-
44 776
-
solidarity contribution
-
-
-
-
income
4 183
-
5 373
-
social contributions
2 266
-
2 910
-
health
4 706
-
6 045
-
total
11 155
-
14 328
-
Employer
34 862
-
44 776
-
social contributions
8 715
-
11 194
-
health
3 138
-
4 030
-
total
11 853
-
15 224
-
Corporate
13 285
60 000
-
-
income
2 524
11 400
-
-
total
2 524
11 400
-
-
Dividends
10 761
48 600
-
-
withholding
1 614
7 290
-
-
total
1 614
7 290
-
-
Income
60 000
60 000
60 000
60 000
Total tax
27 146
18 690
29 552
30 777
After tax
32 854
41 310
30 448
29 223
Living cost
23 706
23 706
23 706
23 706
Free-cash
9 148
17 604
6 742
5 517

Estimated living cost  is ₽23706 per week

₽17629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4353
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
₽38202
₽49602
₽47202
₽45364
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%.

-
-
-
60 000
microenterprise

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

-
-
-
600
total
-
-
-
600
Employee
12 248
-
60 000
-
income
2 450
-
12 000
-
total
2 450
-
12 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

47 752
60 000
-
-
total
-
-
-
-
Dividends
47 752
60 000
-
-
withholding
2 388
3 000
-
-
total
2 388
3 000
-
-
Income
60 000
60 000
60 000
60 000
Total tax
4 838
3 000
12 000
600
After tax
55 162
57 000
48 000
59 400
Living cost
9 798
9 798
9 798
9 798
Free-cash
45 364
47 202
38 202
49 602

Estimated living cost  is ₽9798 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
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.
₽2427
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
-₽6258
-₽6559
-₽12056
-₽11980
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
-
-
-
60 000
income
-
-
-
3 171
social contributions
-
-
-
1 708
health
-
-
-
520
surtax
-
-
-
-
pensions
-
-
-
17 003
other
-
-
-
1 860
total
-
-
-
24 262
Employee
54 849
-
45 719
-
income
4 786
-
3 207
-
social contributions
1 562
-
1 303
-
surtax
-
-
-
-
pensions
6 204
-
5 172
-
total
12 552
-
9 682
-
Employer
54 849
-
45 719
-
unemployment
2 222
-
1 851
-
social contributions
165
-
138
-
pensions
9 012
-
7 512
-
other
1 893
-
1 577
-
health
3 839
-
3 201
-
total
17 131
-
14 279
-
Corporate
-
60 000
-
-
income
-
16 800
-
-
surtax
-
-
-
-
total
-
16 800
-
-
Dividends
-
43 200
-
-
withholding
-
5 529
-
-
surtax
-
-
-
-
social contributions
-
7 430
-
-
total
-
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
29 683
29 759
23 961
24 262
After tax
30 317
30 241
36 039
35 738
Living cost
42 297
42 297
42 297
42 297
Free-cash
-11 980
-12 056
-6 258
-6 559

Estimated living cost  is ₽42297 per week

₽28626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
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.
₽9631
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
₽16686
₽14309
₽28248
₽23950
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.

-
-
-
60 000
income
-
-
-
7 909
health
-
-
-
6 180
unemployment
-
-
-
900
pensions
-
-
-
15 600
total
-
-
-
30 589
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.

22 773
-
50 891
-
income
3 139
-
8 974
-
health
1 173
-
2 621
-
unemployment
171
-
382
-
pensions
3 188
-
7 125
-
total
7 671
-
19 102
-
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.

22 773
-
50 891
-
unemployment
171
-
382
-
pensions
2 733
-
6 107
-
health
1 173
-
2 621
-
total
4 077
-
9 110
-
Corporate
33 151
60 000
-
-
income
4 973
9 000
-
-
total
4 973
9 000
-
-
Dividends
28 178
51 000
-
-
withholding
4 227
7 650
-
-
total
4 227
7 650
-
-
Income
60 000
60 000
60 000
60 000
Total tax
20 948
16 650
28 212
30 589
After tax
39 052
43 350
31 788
29 411
Living cost
15 102
15 102
15 102
15 102
Free-cash
23 950
28 248
16 686
14 309

Estimated living cost  is ₽15102 per week

₽10168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽3329
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
-₽13707
-₽10630
-₽33751
-₽18427
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
-
-
-
60 000
regional
-
-
-
1 652
national
-
-
-
237
health
-
-
-
200
city
-
-
-
632
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.

-
-
-
1 201
pensions
-
-
-
5 521
total
-
-
-
9 443
Employee
71 605
-
53 705
-
regional
2 345
-
1 410
-
city
768
-
577
-
health
162
-
121
-
unemployment
-
-
-
-
national
339
-
198
-
pensions
6 016
-
4 510
-
total
9 630
-
6 816
-
Employer
71 605
-
53 705
-
unemployment
-
-
-
-
pensions
6 016
-
4 510
-
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.

1 432
-
1 073
-
health
162
-
121
-
total
7 610
-
5 704
-
Corporate
-
60 000
-
-
regional
-
12 690
-
-
national
-
5 100
-
-
total
-
17 790
-
-
Dividends
-
42 210
-
-
withholding
-
14 774
-
-
total
-
14 774
-
-
Income
60 000
60 000
60 000
60 000
Total tax
17 240
32 564
12 520
9 443
After tax
42 760
27 436
47 480
50 557
Living cost
61 187
61 187
61 187
61 187
Free-cash
-18 427
-33 751
-13 707
-10 630

Estimated living cost  is ₽61187 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
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.
₽15156
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
₽2790
₽11558
₽7492
₽3620
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

-
-
-
60 000
municipal
-
-
-
10 699
national
-
-
-
3 563
health
-
-
-
558
total
-
-
-
14 820
Employee
46 075
-
50 476
-
health
344
-
412
-
unemployment
691
-
758
-
national
761
-
1 226
-
municipal
7 547
-
8 261
-
pensions
3 109
-
3 407
-
total
12 452
-
14 064
-
Employer
46 075
-
50 476
-
unemployment
299
-
327
-
pensions
7 994
-
8 758
-
accident
47
-
50
-
health
354
-
389
-
total
8 694
-
9 524
-
Corporate
5 232
60 000
-
-
income
1 047
12 000
-
-
total
1 047
12 000
-
-
Dividends

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

3 139
36 000
-
-
national
-
406
-
-
municipal
565
6 480
-
-
total
565
6 886
-
-
Income
60 000
60 000
60 000
60 000
Total tax
22 758
18 886
23 588
14 820
After tax
37 242
41 114
36 412
45 180
Living cost
33 622
33 622
33 622
33 622
Free-cash
3 620
7 492
2 790
11 558

Estimated living cost  is ₽33622 per week

₽21962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3234
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.
₽7892
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
-₽6883
-₽1142
₽1820
-₽20877
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
-
-
-
60 000
national
-
-
-
18 212
social contributions
-
-
-
7 871
communal

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

-
-
-
3 128
total
-
-
-
29 211
Employee

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

62 642
-
46 469
-
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.

2 943
-
2 185
-
communal

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

3 267
-
2 423
-
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.

545
-
404
-
national
19 259
-
12 930
-
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.

4 698
-
3 485
-
total
30 712
-
21 427
-
Employer

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

62 642
-
46 469
-
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.

914
-
678
-
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.

5 551
-
4 116
-
surtax
7 103
-
5 268
-
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.

814
-
605
-
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.

3 852
-
2 858
-
total
18 234
-
13 525
-
Corporate
-
60 000
-
-
income
-
12 000
-
-
surtax
-
239
-
-
total
-
12 239
-
-
Dividends
-
47 760
-
-
withholding

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

-
14 010
-
-
total
-
14 010
-
-
Income
60 000
60 000
60 000
60 000
Total tax
48 946
26 249
34 952
29 211
After tax
11 054
33 751
25 048
30 789
Living cost
31 931
31 931
31 931
31 931
Free-cash
-20 877
1 820
-6 883
-1 142

Estimated living cost  is ₽31931 per week

₽20568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽8072
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
-₽3832
-₽5965
-₽3114
-₽7178
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
-
-
-
60 000
municipal
-
-
-
12 709
national
-
-
-
-
health
-
-
-
3 744
accident
-
-
-
120
unemployment
-
-
-
60
pensions
-
-
-
6 486
other
-
-
-
6 972
total
-
-
-
30 091
Employee
51 118
-
45 655
-
national
-
-
-
-
municipal
15 243
-
13 614
-
total
15 243
-
13 614
-
Employer
51 118
-
45 655
-
unemployment
1 349
-
1 205
-
pensions
5 526
-
4 935
-
other
5 940
-
5 305
-
accident
102
-
91
-
health
3 144
-
2 808
-
total
16 061
-
14 344
-
Corporate
-
60 000
-
-
income
-
13 200
-
-
total
-
13 200
-
-
Dividends
-
46 800
-
-
withholding
-
14 040
-
-
total
-
14 040
-
-
Income
60 000
60 000
60 000
60 000
Total tax
31 304
27 240
27 958
30 091
After tax
28 696
32 760
32 042
29 909
Living cost
35 874
35 874
35 874
35 874
Free-cash
-7 178
-3 114
-3 832
-5 965

Estimated living cost  is ₽35874 per week

₽23776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
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.
₽8033
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
₽9463
₽2736
-₽2225
-₽73833
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
-
-
-
60 000
income
-
-
-
11 695
social contributions
-
-
-
6 840
total
-
-
-
18 535
Employee
55 532
-
-
-
income
12 249
-
-
-
social contributions
4 554
-
649
-
total
16 803
-
649
-
Employer
55 532
-
-
-
social contributions
78 301
-
11 159
-
total
78 301
-
11 159
-
Corporate
-
60 000
-
-
income
-
13 200
-
-
total
-
13 200
-
-
Dividends
-
46 800
-
-
income
-
10 296
-
-
total
-
10 296
-
-
Income
60 000
60 000
60 000
60 000
Total tax
95 104
23 496
11 808
18 535
After tax
-35 104
36 504
48 192
41 465
Living cost
38 729
38 729
38 729
38 729
Free-cash
-73 833
-2 225
9 463
2 736

Estimated living cost  is ₽38729 per week

₽25129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3642
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.
₽9464
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
₽14003
₽17234
₽11792
₽12042
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
-
-
-
60 000
income
-
-
-
3 470
social contributions
-
-
-
9 360
health
-
-
-
1 531
total
-
-
-
14 361
Employee
67 340
67 340
67 340
-
income
7 071
6 234
6 619
-
social contributions
3 272
5 589
4 520
-
health
670
1 145
926
-
total
11 013
12 968
12 065
-
Employer
67 340
67 340
67 340
-
social contributions
3 272
5 589
4 520
-
health
730
1 246
1 007
-
total
4 002
6 835
5 527
-
Corporate
16 580
-
-
-
income
2 072
-
-
-
total
2 072
-
-
-
Dividends
14 508
-
-
-
withholding
2 466
-
-
-
total
2 466
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
19 553
19 803
17 592
14 361
After tax
40 447
40 197
42 408
45 639
Living cost
28 405
28 405
28 405
28 405
Free-cash
12 042
11 792
14 003
17 234

Estimated living cost  is ₽28405 per week

₽19417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽6292
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
₽6691
₽13116
₽13252
₽8436
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
-
-
-
60 000
income
-
-
-
11 205
pensions
-
-
-
3 976
total
-
-
-
15 181
Employee
43 517
-
53 250
-
income
7 925
-
9 598
-
health
568
-
767
-
pensions
3 321
-
4 491
-
total
11 814
-
14 856
-
Employer
43 517
-
53 250
-
pensions
4 397
-
5 739
-
health
827
-
1 011
-
total
5 224
-
6 750
-
Corporate
11 260
60 000
-
-
income

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

2 139
11 400
-
-
total
2 139
11 400
-
-
Dividends
9 120
48 600
-
-
withholding
684
3 645
-
-
total
684
3 645
-
-
Income
60 000
60 000
60 000
60 000
Total tax
19 861
15 045
21 606
15 181
After tax
40 139
44 955
38 394
44 819
Living cost
31 703
31 703
31 703
31 703
Free-cash
8 436
13 252
6 691
13 116

Estimated living cost  is ₽31703 per week

₽21748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
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.
₽6641
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
-₽6054
-₽2726
-₽3285
-₽13796
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
-
-
-
60 000
municipal
-
-
-
401
regional
-
-
-
968
national
-
-
-
11 037
social contributions
-
-
-
15 432
total
-
-
-
27 838
Employee
73 796
-
60 000
-
regional
1 114
-
837
-
social contributions
24 883
-
20 232
-
national
12 471
-
9 740
-
municipal
440
-
357
-
total
38 908
-
31 166
-
Employer
73 796
-
60 000
-
total
-
-
-
-
Corporate
-
60 000
-
-
nationa
-
14 400
-
-
municipal
-
2 892
-
-
total
-
17 292
-
-
Dividends
-
42 708
-
-
withholding
-
11 105
-
-
total
-
11 105
-
-
Income
60 000
60 000
60 000
60 000
Total tax
38 908
28 397
31 166
27 838
After tax
21 092
31 603
28 834
32 162
Living cost
34 888
34 888
34 888
34 888
Free-cash
-13 796
-3 285
-6 054
-2 726

Estimated living cost  is ₽34888 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
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.
₽7454
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
₽12557
₽23275
-₽13185
₽2092
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
-
-
-
60 000
income
-
-
-
12 967
health
-
-
-
1 789
accident
-
-
-
207
pensions
-
-
-
3 413
other
-
-
-
304
total
-
-
-
18 680
Employee
28 385
-
49 842
-
income
3 894
-
7 922
-
health
3 250
-
5 707
-
pensions
3 196
-
5 612
-
total
10 340
-
19 241
-
Employer
28 385
-
49 842
-
unemployment
695
-
1 221
-
pensions
4 616
-
8 104
-
accident
474
-
832
-
total
5 785
-
10 157
-
Corporate
25 830
60 000
-
-
income

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

23 247
54 000
-
-
total
23 247
54 000
-
-
Dividends
2 583
6 000
-
-
withholding
491
1 140
-
-
total
491
1 140
-
-
Income
60 000
60 000
60 000
60 000
Total tax
39 863
55 140
29 398
18 680
After tax
20 137
4 860
30 602
41 320
Living cost
18 045
18 045
18 045
18 045
Free-cash
2 092
-13 185
12 557
23 275

Estimated living cost  is ₽18045 per week

₽13225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3443
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
₽11276
₽8509
-₽2778
₽8678
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.

-
-
-
60 000
income

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

-
-
-
8 466
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.

-
-
-
5 983
trade
-
-
-
2 767
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.

-
-
-
465
total
-
-
-
17 681
Employee

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

43 574
-
60 000
-
income

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

3 583
-
8 466
-
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.

5 983
-
5 983
-
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.

198
-
465
-
total
9 764
-
14 914
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
16 426
60 000
-
-
chamber of commerce
156
221
-
-
income
2 465
9 001
-
-
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.

136
495
-
-
trade
2 357
8 610
-
-
total
5 114
18 327
-
-
Dividends
11 313
41 673
-
-
withholding
2 496
10 086
-
-
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.

138
555
-
-
total
2 634
10 641
-
-
Income
60 000
60 000
60 000
60 000
Total tax
17 512
28 968
14 914
17 681
After tax
42 488
31 032
45 086
42 319
Living cost
33 810
33 810
33 810
33 810
Free-cash
8 678
-2 778
11 276
8 509

Estimated living cost  is ₽33810 per week

₽23323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽6358
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
₽15914
₽30023
₽29781
₽22598
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.

-
-
-
60 000
microenterprise
-
-
-
9 001
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.

-
-
-
2 757
surtax
-
-
-
-
total
-
-
-
11 758
Employee
25 590
-
48 352
-
income
4 555
-
8 901
-
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.

2 815
-
5 318
-
surtax
-
-
-
-
total
7 370
-
14 219
-
Employer
25 590
-
48 352
-
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.

6 164
-
11 648
-
surtax
-
-
-
-
total
6 164
-
11 648
-
Corporate
28 246
60 000
-
-
income

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

5 649
12 000
-
-
total
5 649
12 000
-
-
Dividends

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

22 598
48 000
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
19 183
12 000
25 867
11 758
After tax
40 817
48 000
34 133
48 242
Living cost
18 219
18 219
18 219
18 219
Free-cash
22 598
29 781
15 914
30 023

Estimated living cost  is ₽18219 per week

₽11623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽4447
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
₽20186
₽20992
₽26095
₽24230
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
-
-
-
60 000
income
-
-
-
13 388
health
-
-
-
6 000
pensions
-
-
-
8 275
total
-
-
-
27 663
Employee
17 279
-
50 691
-
income
3 343
-
12 953
-
health
864
-
2 069
-
unemployment
173
-
414
-
pensions
1 555
-
3 724
-
total
5 935
-
19 160
-
Employer
17 279
-
50 691
-
unemployment
346
-
827
-
pensions
1 901
-
4 551
-
health
1 642
-
3 931
-
total
3 889
-
9 309
-
Corporate
38 833
60 000
-
-
income
8 543
13 200
-
-
total
8 543
13 200
-
-
Dividends
30 290
46 800
-
-
withholding
6 058
9 360
-
-
total
6 058
9 360
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 425
22 560
28 469
27 663
After tax
35 575
37 440
31 531
32 337
Living cost
11 345
11 345
11 345
11 345
Free-cash
24 230
26 095
20 186
20 992

Estimated living cost  is ₽11345 per week

₽6742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
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.
₽3423
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
₽12116
₽13426
₽18071
₽15284
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
-
-
-
60 000
income
-
-
-
9 636
health
-
-
-
4 261
unemployment
-
-
-
199
surtax
-
-
-
808
pensions
-
-
-
12 000
other
-
-
-
-
total
-
-
-
26 904
Employee
29 492
-
49 563
-
other
-
-
-
-
income
4 944
-
9 057
-
health
753
-
1 263
-
unemployment
2 052
-
3 450
-
surtax
105
-
708
-
pensions
1 968
-
3 305
-
total
9 822
-
17 783
-
Employer
29 492
-
49 563
-
unemployment
936
-
1 570
-
pensions
3 932
-
6 606
-
other
-
-
-
-
health
1 341
-
2 255
-
total
6 209
-
10 431
-
Corporate
24 299
60 000
-
-
income
6 318
15 600
-
-
total
6 318
15 600
-
-
Dividends
17 981
44 400
-
-
withholding
2 697
6 659
-
-
total
2 697
6 659
-
-
Income
60 000
60 000
60 000
60 000
Total tax
25 046
22 259
28 214
26 904
After tax
34 954
37 741
31 786
33 096
Living cost
19 670
19 670
19 670
19 670
Free-cash
15 284
18 071
12 116
13 426

Estimated living cost  is ₽19670 per week

₽11876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
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.
₽5629
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
-₽6393
₽4693
₽6251
₽5820
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
-
-
-
60 000
income
-
-
-
6 068
chamber of commerce
-
-
-
239
health
-
-