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
₽ 62000
per

Your estimated
City
free-cash

Valencia , Spain
₽15312
₽11379
₽10940
₽19558
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
-
-
-
62 000
unemployment
-
-
-
435
income
-
-
-
10 202
other
-
-
-
61
accident
-
-
-
558
pensions
-
-
-
17 545
total
-
-
-
28 801
Employee
29 931
-
47 012
-
unemployment
464
-
728
-
pensions
1 407
-
2 209
-
income
5 770
-
10 390
-
other
29
-
48
-
total
7 670
-
13 375
-
Employer
29 931
-
47 012
-
pensions
7 063
-
11 095
-
accident
593
-
931
-
unemployment
1 647
-
2 585
-
other
240
-
376
-
total
9 543
-
14 987
-
Corporate
22 527
62 000
-
-
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.

3 379
9 300
-
-
total
3 379
9 300
-
-
Dividends
19 147
52 700
-
-
withholding
3 837
10 883
-
-
total
3 837
10 883
-
-
Income
62 000
62 000
62 000
62 000
Total tax
24 429
20 183
28 362
28 801
After tax
37 571
41 817
33 638
33 199
Living cost
22 259
22 259
22 259
22 259
Free-cash
15 312
19 558
11 379
10 940

Estimated living cost  is ₽22259 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4705
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
₽18517
₽14773
₽12002
₽23982
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
-
-
-
62 000
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
14 880
income
-
-
-
7 876
other
-
-
-
2 945
health
-
-
-
2 728
total
-
-
-
28 429
Employee
29 391
-
49 522
-
health
412
-
693
-
unemployment
293
-
495
-
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.

2 057
-
3 467
-
income
5 060
-
8 525
-
total
7 822
-
13 180
-
Employer
29 391
-
49 522
-
health
412
-
693
-
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.

4 997
-
8 418
-
accident
235
-
396
-
unemployment
293
-
495
-
other
1 470
-
2 476
-
total
7 407
-
12 478
-
Corporate
25 202
62 000
-
-
income
5 292
13 020
-
-
total
5 292
13 020
-
-
Dividends
19 910
48 980
-
-
withholding
1 393
3 429
-
-
total
1 393
3 429
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 914
16 449
25 658
28 429
After tax
40 086
45 551
36 342
33 571
Living cost
21 569
21 569
21 569
21 569
Free-cash
18 517
23 982
14 773
12 002

Estimated living cost  is ₽21569 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4525
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
₽38620
₽36079
₽34518
₽42385
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
-
-
-
62 000
pensions

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

-
-
-
4 189
unemployment
-
-
-
113
income
-
-
-
9 300
health
-
-
-
3 255
total
-
-
-
16 857
Employee
14 069
-
56 446
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 407
-
5 645
-
total
3 444
-
9 743
-
Employer
14 069
-
56 446
-
health
971
-
1 953
-
pensions

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

1 551
-
3 119
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 761
-
5 553
-
Corporate
45 170
62 000
-
-
income
4 517
6 200
-
-
total
4 517
6 200
-
-
Dividends
40 653
55 800
-
-
withholding
2 033
2 790
-
-
total
2 033
2 790
-
-
Income
62 000
62 000
62 000
62 000
Total tax
12 755
8 990
15 296
16 857
After tax
49 245
53 010
46 704
45 143
Living cost
10 625
10 625
10 625
10 625
Free-cash
38 620
42 385
36 079
34 518

Estimated living cost  is ₽10625 per week

₽6203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
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.
₽3382
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
₽8335
₽9293
₽9109
₽3552
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
-
-
-
62 000
income
-
-
-
3 550
other
-
-
-
1 922
health
-
-
-
536
social contributions
-
-
-
1 767
pensions
-
-
-
17 421
surtax
-
-
-
-
total
-
-
-
25 196
Employee
34 644
-
47 244
-
pensions
3 917
-
5 343
-
income
2 045
-
3 567
-
social contributions
988
-
1 346
-
surtax
-
-
-
-
total
6 950
-
10 256
-
Employer
34 644
-
47 244
-
health
2 426
-
3 307
-
social contributions
104
-
141
-
pensions
5 691
-
7 764
-
unemployment
1 402
-
1 914
-
other
1 195
-
1 630
-
total
10 818
-
14 756
-
Corporate
16 537
62 000
-
-
income
4 630
17 360
-
-
surtax
-
-
-
-
total
4 630
17 360
-
-
Dividends
11 907
44 640
-
-
social contributions
2 048
7 679
-
-
surtax
-
-
-
-
withholding
1 524
5 714
-
-
total
3 572
13 393
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 970
30 753
25 012
25 196
After tax
36 030
31 247
36 988
36 804
Living cost
27 695
27 695
27 695
27 695
Free-cash
8 335
3 552
9 293
9 109

Estimated living cost  is ₽27695 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7510
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
-₽18383
-₽18383
₽1388
-₽13839
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
-
-
-
62 000
pensions
-
-
-
9 484
income
-
-
-
8 599
health
-
-
-
8 619
total
-
-
-
26 702
Employee
69 125
69 125
69 125
-
health
10 610
9 025
10 610
-
pensions
12 443
9 484
12 443
-
income

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

11 315
11 315
11 315
-
total
34 368
29 824
34 368
-
Employer
69 125
69 125
69 125
-
health
4 805
4 805
4 805
-
pensions
4 811
4 811
4 811
-
unemployment
2 489
2 489
2 489
-
total
12 105
12 105
12 105
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
46 473
41 929
46 473
26 702
After tax
15 527
20 071
15 527
35 298
Living cost
33 910
33 910
33 910
33 910
Free-cash
-18 383
-13 839
-18 383
1 388

Estimated living cost  is ₽33910 per week

₽24031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽6283
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
₽15837
₽21435
₽17598
₽6883
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.

-
-
-
62 000
trade
-
-
-
3 837
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.

-
-
-
9 969
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.

-
-
-
5 530
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.

-
-
-
548
total
-
-
-
19 884
Employee

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

30 961
-
62 000
-
health

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

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

5 530
-
5 530
-
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.

865
-
9 969
-
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
-
548
-
total
6 443
-
16 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 039
62 000
-
-
income
4 656
9 300
-
-
trade
4 889
9 765
-
-
surtax

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

257
512
-
-
chamber of commerce
167
212
-
-
total
9 969
19 789
-
-
Dividends
21 070
42 212
-
-
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.

273
564
-
-
withholding
4 960
10 246
-
-
total
5 233
10 810
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 645
30 599
16 047
19 884
After tax
40 355
31 401
45 953
42 116
Living cost
24 518
24 518
24 518
24 518
Free-cash
15 837
6 883
21 435
17 598

Estimated living cost  is ₽24518 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽5779
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
₽22348
₽25979
₽27462
₽24955
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
-
-
-
62 000
income
-
-
-
4 545
health
-
-
-
1 581
social contributions
-
-
-
9 671
total
-
-
-
15 797
Employee
62 244
62 244
62 244
-
health
482
1 058
957
-
income
6 777
5 762
5 940
-
social contributions
2 353
5 166
4 671
-
total
9 612
11 986
11 568
-
Employer
62 244
62 244
62 244
-
health
524
1 152
1 041
-
social contributions
2 353
5 166
4 671
-
total
2 877
6 318
5 712
-
Corporate
30 768
-
-
-
income
3 846
-
-
-
total
3 846
-
-
-
Dividends
26 922
-
-
-
withholding
4 576
-
-
-
total
4 576
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
20 911
18 304
17 280
15 797
After tax
41 089
43 696
44 720
46 203
Living cost
18 741
18 741
18 741
18 741
Free-cash
22 348
24 955
25 979
27 462

Estimated living cost  is ₽18741 per week

₽11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5257
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
₽9059
₽7322
₽9782
₽9876
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.

-
-
-
62 000
income
-
-
-
5 282
social contributions

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

-
-
-
21 546
surtax
-
-
-
-
total
-
-
-
26 828
Employee
37 229
-
50 101
-
income
7 744
-
11 877
-
social contributions
4 095
-
5 512
-
surtax
-
-
-
-
total
11 839
-
17 389
-
Employer
37 229
-
50 101
-
social contributions
8 842
-
11 899
-
total
8 842
-
11 899
-
Corporate
15 929
62 000
-
-
income
3 346
13 020
-
-
surtax
-
-
-
-
total
3 346
13 020
-
-
Dividends
12 583
48 980
-
-
withholding
3 524
13 714
-
-
total
3 524
13 714
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 551
26 734
29 288
26 828
After tax
34 449
35 266
32 712
35 172
Living cost
25 390
25 390
25 390
25 390
Free-cash
9 059
9 876
7 322
9 782

Estimated living cost  is ₽25390 per week

₽18997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4472
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
₽51719
₽43553
₽55333
₽52853
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%.

-
-
-
62 000
microenterprise

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

-
-
-
620
total
-
-
-
620
Employee
7 559
-
62 000
-
income
1 512
-
12 400
-
total
1 512
-
12 400
-
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%.

54 441
62 000
-
-
total
-
-
-
-
Dividends
54 441
62 000
-
-
withholding
2 722
3 100
-
-
total
2 722
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
4 234
3 100
12 400
620
After tax
57 766
58 900
49 600
61 380
Living cost
6 047
6 047
6 047
6 047
Free-cash
51 719
52 853
43 553
55 333

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
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.
₽1631
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
₽14204
₽9420
₽11194
₽20975
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.

-
-
-
62 000
pensions
-
-
-
11 323
unemployment
-
-
-
94
income
-
-
-
11 576
health
-
-
-
6 101
total
-
-
-
29 094
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.

35 795
-
53 647
-
health
2 312
-
3 465
-
unemployment
51
-
75
-
pensions
5 548
-
8 315
-
income
6 173
-
10 660
-
total
14 084
-
22 515
-
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.

35 795
-
53 647
-
health
2 384
-
3 573
-
pensions
3 167
-
4 748
-
unemployment
22
-
32
-
total
5 573
-
8 353
-
Corporate
20 632
62 000
-
-
income
3 920
11 780
-
-
total
3 920
11 780
-
-
Dividends
16 712
50 220
-
-
withholding
2 507
7 533
-
-
total
2 507
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 084
19 313
30 868
29 094
After tax
35 916
42 687
31 132
32 906
Living cost
21 712
21 712
21 712
21 712
Free-cash
14 204
20 975
9 420
11 194

Estimated living cost  is ₽21712 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5000
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
₽11330
₽15855
₽4450
₽6638
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.

-
-
-
62 000
income
-
-
-
23 042
health

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

-
-
-
5 124
total
-
-
-
28 166
Employee
37 134
-
58 276
-
social contributions
3 720
-
3 724
-
income
4 029
-
9 313
-
total
7 749
-
13 037
-
Employer
37 134
-
58 276
-
social contributions
3 720
-
3 724
-
total
3 720
-
3 724
-
Corporate
21 146
62 000
-
-
income
7 401
21 701
-
-
total
7 401
21 701
-
-
Dividends
13 745
40 299
-
-
social contributions
2 416
4 277
-
-
total
2 416
4 277
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 286
25 978
16 761
28 166
After tax
40 714
36 022
45 239
33 834
Living cost
29 384
29 384
29 384
29 384
Free-cash
11 330
6 638
15 855
4 450

Estimated living cost  is ₽29384 per week

₽19355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
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
₽21081
₽23742
₽22653
₽20661
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
-
-
-
62 000
income
-
-
-
9 300
health
-
-
-
4 327
social contributions
-
-
-
8 556
total
-
-
-
22 183
Employee
27 446
-
62 000
-
health
1 916
-
4 327
-
income
4 578
-
8 211
-
social contributions
3 788
-
8 556
-
total
10 282
-
21 094
-
Employer
27 446
-
62 000
-
total
-
-
-
-
Corporate
34 554
62 000
-
-
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%.

1 728
3 100
-
-
total
1 728
3 100
-
-
Dividends
32 826
58 900
-
-
social contributions
4 530
8 128
-
-
withholding
4 923
8 836
-
-
health
2 292
4 111
-
-
total
11 745
21 075
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 755
24 175
21 094
22 183
After tax
38 245
37 825
40 906
39 817
Living cost
17 164
17 164
17 164
17 164
Free-cash
21 081
20 661
23 742
22 653

Estimated living cost  is ₽17164 per week

₽11487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4223
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
₽12001
₽8846
₽7579
₽20069
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
-
-
-
62 000
income
-
-
-
5 329
health
-
-
-
8 370
social contributions
-
-
-
18 104
solidarity contribution
-
-
-
-
total
-
-
-
31 803
Employee
33 261
-
46 269
-
health
4 490
-
6 246
-
solidarity contribution
-
-
-
-
income
3 991
-
5 552
-
social contributions
2 162
-
3 007
-
total
10 643
-
14 805
-
Employer
33 261
-
46 269
-
health
2 993
-
4 164
-
social contributions
8 315
-
11 567
-
total
11 308
-
15 731
-
Corporate
17 430
62 000
-
-
income
3 312
11 780
-
-
total
3 312
11 780
-
-
Dividends
14 118
50 220
-
-
withholding
2 118
7 533
-
-
total
2 118
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 381
19 313
30 536
31 803
After tax
34 619
42 687
31 464
30 197
Living cost
22 618
22 618
22 618
22 618
Free-cash
12 001
20 069
8 846
7 579

Estimated living cost  is ₽22618 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
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
₽47710
₽40177
₽51957
₽49477
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%.

-
-
-
62 000
microenterprise

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

-
-
-
620
total
-
-
-
620
Employee
11 779
-
62 000
-
income
2 356
-
12 400
-
total
2 356
-
12 400
-
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%.

50 221
62 000
-
-
total
-
-
-
-
Dividends
50 221
62 000
-
-
withholding
2 511
3 100
-
-
total
2 511
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
4 867
3 100
12 400
620
After tax
57 133
58 900
49 600
61 380
Living cost
9 423
9 423
9 423
9 423
Free-cash
47 710
49 477
40 177
51 957

Estimated living cost  is ₽9423 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
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.
₽2335
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
-₽4532
-₽2108
-₽2292
-₽7849
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
-
-
-
62 000
income
-
-
-
3 550
other
-
-
-
1 922
health
-
-
-
536
social contributions
-
-
-
1 767
pensions
-
-
-
17 421
surtax
-
-
-
-
total
-
-
-
25 196
Employee
50 698
-
47 244
-
pensions
5 734
-
5 343
-
income
4 424
-
3 567
-
social contributions
1 444
-
1 346
-
surtax
-
-
-
-
total
11 602
-
10 256
-
Employer
50 698
-
47 244
-
health
3 548
-
3 307
-
social contributions
152
-
141
-
pensions
8 330
-
7 764
-
unemployment
2 054
-
1 914
-
other
1 750
-
1 630
-
total
15 834
-
14 756
-
Corporate
-
62 000
-
-
income
-
17 360
-
-
surtax
-
-
-
-
total
-
17 360
-
-
Dividends
-
44 640
-
-
social contributions
-
7 679
-
-
surtax
-
-
-
-
withholding
-
5 714
-
-
total
-
13 393
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 436
30 753
25 012
25 196
After tax
34 564
31 247
36 988
36 804
Living cost
39 096
39 096
39 096
39 096
Free-cash
-4 532
-7 849
-2 108
-2 292

Estimated living cost  is ₽39096 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽8902
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
₽26879
₽18322
₽16596
₽30847
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.

-
-
-
62 000
pensions
-
-
-
15 497
unemployment
-
-
-
894
income
-
-
-
8 926
health
-
-
-
6 139
total
-
-
-
31 456
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.

21 032
-
52 587
-
health
1 083
-
2 708
-
unemployment
158
-
394
-
pensions
2 944
-
7 362
-
income
2 899
-
9 854
-
total
7 084
-
20 318
-
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.

21 032
-
52 587
-
health
1 083
-
2 708
-
pensions
2 524
-
6 310
-
unemployment
158
-
394
-
total
3 765
-
9 412
-
Corporate
37 203
62 000
-
-
income
5 581
9 300
-
-
total
5 581
9 300
-
-
Dividends
31 623
52 700
-
-
withholding
4 743
7 905
-
-
total
4 743
7 905
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 173
17 205
29 730
31 456
After tax
40 827
44 795
32 270
30 544
Living cost
13 948
13 948
13 948
13 948
Free-cash
26 879
30 847
18 322
16 596

Estimated living cost  is ₽13948 per week

₽9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽3074
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
-₽10224
-₽7446
-₽4283
-₽27998
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
-
-
-
62 000
pensions
-
-
-
5 705
city
-
-
-
653
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.

-
-
-
1 240
health
-
-
-
184
regional
-
-
-
1 880
national
-
-
-
272
total
-
-
-
9 934
Employee
65 943
-
55 495
-
health
149
-
124
-
unemployment
-
-
-
-
city
708
-
596
-
pensions
5 540
-
4 660
-
regional
2 159
-
1 593
-
national
312
-
230
-
total
8 868
-
7 203
-
Employer
65 943
-
55 495
-
health
149
-
124
-
pensions
5 540
-
4 660
-
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.

1 318
-
1 110
-
total
7 007
-
5 894
-
Corporate
-
62 000
-
-
regional
-
13 114
-
-
national
-
5 269
-
-
total
-
18 383
-
-
Dividends
-
43 617
-
-
withholding
-
15 266
-
-
total
-
15 266
-
-
Income
62 000
62 000
62 000
62 000
Total tax
15 875
33 649
13 097
9 934
After tax
46 125
28 351
48 903
52 066
Living cost
56 349
56 349
56 349
56 349
Free-cash
-10 224
-27 998
-7 446
-4 283

Estimated living cost  is ₽56349 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽13957
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
₽7872
₽5792
₽14851
₽11216
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

-
-
-
62 000
municipal
-
-
-
11 049
health
-
-
-
618
national
-
-
-
4 404
total
-
-
-
16 071
Employee
42 588
-
52 158
-
health
318
-
465
-
unemployment
639
-
782
-
pensions
2 874
-
3 521
-
national
704
-
1 991
-
municipal
6 975
-
8 530
-
total
11 510
-
15 289
-
Employer
42 588
-
52 158
-
health
327
-
401
-
pensions
7 389
-
9 049
-
accident
43
-
52
-
unemployment
277
-
339
-
total
8 036
-
9 841
-
Corporate
11 377
62 000
-
-
income
2 275
12 400
-
-
total
2 275
12 400
-
-
Dividends

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

6 826
37 200
-
-
municipal
1 229
6 696
-
-
national
-
610
-
-
total
1 229
7 306
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 050
19 706
25 130
16 071
After tax
38 950
42 294
36 870
45 929
Living cost
31 078
31 078
31 078
31 078
Free-cash
7 872
11 216
5 792
14 851

Estimated living cost  is ₽31078 per week

₽20300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
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.
₽7295
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
-₽12757
-₽4207
₽1478
₽5327
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
-
-
-
62 000
communal

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

-
-
-
3 201
social contributions
-
-
-
8 648
national
-
-
-
19 159
total
-
-
-
31 008
Employee

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

57 902
-
48 018
-
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.

2 720
-
2 257
-
communal

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

3 020
-
2 504
-
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.

504
-
418
-
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.

4 343
-
3 601
-
national
17 801
-
13 935
-
total
28 388
-
22 715
-
Employer

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

57 902
-
48 018
-
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.

3 561
-
2 954
-
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.

5 131
-
4 255
-
surtax
6 565
-
5 444
-
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.

753
-
625
-
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.

845
-
700
-
total
16 855
-
13 978
-
Corporate
-
62 000
-
-
income
-
12 400
-
-
surtax
-
247
-
-
total
-
12 647
-
-
Dividends
-
49 353
-
-
withholding

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

-
14 512
-
-
total
-
14 512
-
-
Income
62 000
62 000
62 000
62 000
Total tax
45 243
27 159
36 693
31 008
After tax
16 757
34 841
25 307
30 992
Living cost
29 514
29 514
29 514
29 514
Free-cash
-12 757
5 327
-4 207
1 478

Estimated living cost  is ₽29514 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
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.
₽7461
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
-₽3368
-₽1798
-₽4001
-₽1055
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
-
-
-
62 000
unemployment
-
-
-
62
municipal
-
-
-
13 132
other
-
-
-
7 204
health
-
-
-
3 869
national
-
-
-
-
accident
-
-
-
124
pensions
-
-
-
6 702
total
-
-
-
31 093
Employee
49 740
-
47 177
-
national
-
-
-
-
municipal
14 832
-
14 068
-
total
14 832
-
14 068
-
Employer
49 740
-
47 177
-
health
3 059
-
2 901
-
pensions
5 377
-
5 100
-
accident
100
-
94
-
unemployment
1 313
-
1 246
-
other
5 780
-
5 482
-
total
15 629
-
14 823
-
Corporate
-
62 000
-
-
income
-
13 640
-
-
total
-
13 640
-
-
Dividends
-
48 360
-
-
withholding
-
14 508
-
-
total
-
14 508
-
-
Income
62 000
62 000
62 000
62 000
Total tax
30 461
28 148
28 891
31 093
After tax
31 539
33 852
33 109
30 907
Living cost
34 908
34 908
34 908
34 908
Free-cash
-3 368
-1 055
-1 798
-4 001

Estimated living cost  is ₽34908 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7817
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
-₽70587
₽11933
₽4478
-₽648
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
-
-
-
62 000
income
-
-
-
12 085
social contributions
-
-
-
7 068
total
-
-
-
19 153
Employee
55 015
-
-
-
income
12 135
-
-
-
social contributions
4 511
-
643
-
total
16 646
-
643
-
Employer
55 015
-
-
-
social contributions
77 572
-
11 055
-
total
77 572
-
11 055
-
Corporate
-
62 000
-
-
income
-
13 640
-
-
total
-
13 640
-
-
Dividends
-
48 360
-
-
income
-
10 639
-
-
total
-
10 639
-
-
Income
62 000
62 000
62 000
62 000
Total tax
94 218
24 279
11 698
19 153
After tax
-32 218
37 721
50 302
42 847
Living cost
38 369
38 369
38 369
38 369
Free-cash
-70 587
-648
11 933
4 478

Estimated living cost  is ₽38369 per week

₽24895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽9376
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
₽15881
₽18465
₽19948
₽17441
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
-
-
-
62 000
income
-
-
-
4 545
health
-
-
-
1 581
social contributions
-
-
-
9 671
total
-
-
-
15 797
Employee
62 244
62 244
62 244
-
health
619
1 058
957
-
income
6 536
5 762
5 940
-
social contributions
3 025
5 166
4 671
-
total
10 180
11 986
11 568
-
Employer
62 244
62 244
62 244
-
health
674
1 152
1 041
-
social contributions
3 025
5 166
4 671
-
total
3 699
6 318
5 712
-
Corporate
21 866
-
-
-
income
2 733
-
-
-
total
2 733
-
-
-
Dividends
19 133
-
-
-
withholding
3 252
-
-
-
total
3 252
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 864
18 304
17 280
15 797
After tax
42 136
43 696
44 720
46 203
Living cost
26 255
26 255
26 255
26 255
Free-cash
15 881
17 441
18 465
19 948

Estimated living cost  is ₽26255 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5816
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
₽13124
₽10411
₽17243
₽17518
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
-
-
-
62 000
income
-
-
-
11 544
pensions
-
-
-
4 279
total
-
-
-
15 823
Employee
39 716
-
54 857
-
health
518
-
829
-
pensions
3 031
-
4 848
-
income
7 233
-
9 835
-
total
10 782
-
15 512
-
Employer
39 716
-
54 857
-
health
755
-
1 043
-
pensions
4 013
-
6 100
-
total
4 768
-
7 143
-
Corporate
17 516
62 000
-
-
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.

3 328
11 781
-
-
total
3 328
11 781
-
-
Dividends
14 188
50 219
-
-
withholding
1 064
3 767
-
-
total
1 064
3 767
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 942
15 548
22 655
15 823
After tax
42 058
46 452
39 345
46 177
Living cost
28 934
28 934
28 934
28 934
Free-cash
13 124
17 518
10 411
17 243

Estimated living cost  is ₽28934 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽6061
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
-₽6211
-₽2590
₽480
₽410
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
-
-
-
62 000
municipal
-
-
-
415
regional
-
-
-
1 064
social contributions
-
-
-
15 946
national
-
-
-
11 848
total
-
-
-
29 273
Employee
68 211
-
62 000
-
social contributions
23 000
-
20 907
-
regional
1 030
-
892
-
national
11 527
-
10 174
-
municipal
407
-
370
-
total
35 964
-
32 343
-
Employer
68 211
-
62 000
-
total
-
-
-
-
Corporate
-
62 000
-
-
nationa
-
14 880
-
-
municipal
-
2 988
-
-
total
-
17 868
-
-
Dividends
-
44 132
-
-
withholding
-
11 475
-
-
total
-
11 475
-
-
Income
62 000
62 000
62 000
62 000
Total tax
35 964
29 343
32 343
29 273
After tax
26 036
32 657
29 657
32 727
Living cost
32 247
32 247
32 247
32 247
Free-cash
-6 211
410
-2 590
480

Estimated living cost  is ₽32247 per week

₽22652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
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.
₽6889
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
₽2394
₽14113
₽25513
-₽12119
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
-
-
-
62 000
pensions
-
-
-
3 242
income
-
-
-
13 919
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
19 346
Employee
26 964
-
51 504
-
health
3 087
-
5 897
-
pensions
3 036
-
5 799
-
income
3 699
-
8 554
-
total
9 822
-
20 250
-
Employer
26 964
-
51 504
-
pensions
4 384
-
8 374
-
accident
450
-
860
-
unemployment
661
-
1 262
-
total
5 495
-
10 496
-
Corporate
29 541
62 000
-
-
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.

26 587
55 800
-
-
total
26 587
55 800
-
-
Dividends
2 954
6 200
-
-
withholding
561
1 178
-
-
total
561
1 178
-
-
Income
62 000
62 000
62 000
62 000
Total tax
42 465
56 978
30 746
19 346
After tax
19 535
5 022
31 254
42 654
Living cost
17 141
17 141
17 141
17 141
Free-cash
2 394
-12 119
14 113
25 513

Estimated living cost  is ₽17141 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3271
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
₽11379
₽14702
₽11206
₽788
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.

-
-
-
62 000
trade
-
-
-
3 496
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.

-
-
-
9 969
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.

-
-
-
5 530
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.

-
-
-
548
total
-
-
-
19 543
Employee

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

40 276
-
62 000
-
health

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

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

5 530
-
5 530
-
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.

3 312
-
9 969
-
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.

183
-
548
-
total
9 025
-
16 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 724
62 000
-
-
income
3 258
9 300
-
-
trade
3 117
8 897
-
-
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.

180
512
-
-
chamber of commerce
155
214
-
-
total
6 710
18 923
-
-
Dividends
15 014
43 078
-
-
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.

189
576
-
-
withholding
3 446
10 462
-
-
total
3 635
11 038
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 370
29 961
16 047
19 543
After tax
42 630
32 039
45 953
42 457
Living cost
31 251
31 251
31 251
31 251
Free-cash
11 379
788
14 702
11 206

Estimated living cost  is ₽31251 per week

₽21558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽5877
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
₽26121
₽18324
₽16473
₽32760
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.

-
-
-
62 000
income
-
-
-
8 754
microenterprise
-
-
-
-
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.

-
-
-
19 933
surtax
-
-
-
-
total
-
-
-
28 687
Employee
23 653
-
49 963
-
income
4 210
-
9 305
-
social contributions

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

2 602
-
5 496
-
surtax
-
-
-
-
total
6 812
-
14 801
-
Employer
23 653
-
49 963
-
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.

5 697
-
12 035
-
surtax
-
-
-
-
total
5 697
-
12 035
-
Corporate
32 650
62 000
-
-
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%.

6 530
12 400
-
-
total
6 530
12 400
-
-
Dividends

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

26 120
49 600
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 039
12 400
26 836
28 687
After tax
42 961
49 600
35 164
33 313
Living cost
16 840
16 840
16 840
16 840
Free-cash
26 121
32 760
18 324
16 473

Estimated living cost  is ₽16840 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
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.
₽4111
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
₽27117
₽23815
₽24524
₽28749
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
-
-
-
62 000
income
-
-
-
15 031
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
27 537
Employee
15 139
-
53 844
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 362
-
3 263
-
income
2 929
-
14 650
-
total
5 199
-
20 089
-
Employer
15 139
-
53 844
-
health
1 438
-
3 444
-
pensions
1 665
-
3 988
-
unemployment
303
-
725
-
total
3 406
-
8 157
-
Corporate
43 455
62 000
-
-
income
9 560
13 640
-
-
total
9 560
13 640
-
-
Dividends
33 895
48 360
-
-
withholding
6 779
9 672
-
-
total
6 779
9 672
-
-
Income
62 000
62 000
62 000
62 000
Total tax
24 944
23 312
28 246
27 537
After tax
37 056
38 688
33 754
34 463
Living cost
9 939
9 939
9 939
9 939
Free-cash
27 117
28 749
23 815
24 524

Estimated living cost  is ₽9939 per week

₽5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
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.
₽2999
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
₽18239
₽14184
₽15559
₽20816
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
-
-
-
62 000
pensions
-
-
-
12 400
unemployment
-
-
-
184
income
-
-
-
10 289
other
-
-
-
-
health
-
-
-
4 401
surtax
-
-
-
985
total
-
-
-
28 259
Employee
27 260
-
51 218
-
health
696
-
1 306
-
unemployment
1 897
-
3 565
-
pensions
1 819
-
3 416
-
income
4 570
-
9 685
-
other
-
-
-
-
surtax
97
-
880
-
total
9 079
-
18 852
-
Employer
27 260
-
51 218
-
health
1 240
-
2 330
-
pensions
3 634
-
6 828
-
unemployment
865
-
1 624
-
other
-
-
-
-
total
5 739
-
10 782
-
Corporate
29 001
62 000
-
-
income
7 541
16 120
-
-
total
7 541
16 120
-
-
Dividends
21 460
45 880
-
-
withholding
3 220
6 882
-
-
total
3 220
6 882
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 579
23 002
29 634
28 259
After tax
36 421
38 998
32 366
33 741
Living cost
18 182
18 182
18 182
18 182
Free-cash
18 239
20 816
14 184
15 559

Estimated living cost  is ₽18182 per week

₽10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
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.
₽5203
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
₽8936
-₽4475
₽7451
₽9334
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
-
-
-
62 000
pensions
-
-
-
11 470
chamber of commerce
-
-
-
247
unemployment
-
-