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
₽10844
₽10404
₽18952
₽14588
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
-
-
-
10 124
accident
-
-
-
559
unemployment
-
-
-
434
pensions
-
-
-
17 546
other
-
-
-
62
total
-
-
-
28 725
Employee
30 753
-
47 011
-
other
30
-
47
-
income
5 929
-
10 312
-
unemployment
477
-
729
-
pensions
1 446
-
2 210
-
total
7 882
-
13 298
-
Employer
30 753
-
47 011
-
unemployment
1 692
-
2 585
-
pensions
7 257
-
11 094
-
other
246
-
377
-
accident
609
-
931
-
total
9 804
-
14 987
-
Corporate
21 443
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.

3 217
9 299
-
-
total
3 217
9 299
-
-
Dividends
18 226
52 701
-
-
withholding
3 638
10 878
-
-
total
3 638
10 878
-
-
Income
62 000
62 000
62 000
62 000
Total tax
24 541
20 177
28 285
28 725
After tax
37 459
41 823
33 715
33 275
Living cost
22 871
22 871
22 871
22 871
Free-cash
14 588
18 952
10 844
10 404

Estimated living cost  is ₽22871 per week

₽15437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4834
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
₽14181
₽11411
₽23392
₽17775
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
-
-
-
7 876
health
-
-
-
2 727
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
other
-
-
-
2 945
total
-
-
-
28 428
Employee
30 198
-
49 522
-
income
5 199
-
8 524
-
health
423
-
693
-
unemployment
301
-
496
-
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.

2 113
-
3 466
-
total
8 036
-
13 179
-
Employer
30 198
-
49 522
-
unemployment
301
-
496
-
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.

5 134
-
8 419
-
other
1 510
-
2 475
-
accident
241
-
396
-
health
423
-
693
-
total
7 609
-
12 479
-
Corporate
24 191
62 000
-
-
income
5 081
13 019
-
-
total
5 081
13 019
-
-
Dividends
19 111
48 981
-
-
withholding
1 338
3 428
-
-
total
1 338
3 428
-
-
Income
62 000
62 000
62 000
62 000
Total tax
22 064
16 447
25 658
28 428
After tax
39 936
45 553
36 342
33 572
Living cost
22 161
22 161
22 161
22 161
Free-cash
17 775
23 392
14 181
11 411

Estimated living cost  is ₽22161 per week

₽15658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
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.
₽4650
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
₽35548
₽34028
₽42099
₽38235
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
-
-
-
3 343
unemployment
-
-
-
116
pensions

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

-
-
-
4 302
total
-
-
-
17 061
Employee
14 447
-
56 297
-
income
1 444
-
5 629
-
health
665
-
1 337
-
accident

We are using the highest rate at 1.1%.

159
-
320
-
pensions

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

1 268
-
2 552
-
total
3 536
-
9 838
-
Employer
14 447
-
56 297
-
unemployment
86
-
174
-
pensions

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

1 592
-
3 203
-
accident

We are using the highest rate at 1.1%.

159
-
320
-
health
997
-
2 006
-
total
2 834
-
5 703
-
Corporate
44 718
62 000
-
-
income
4 472
6 200
-
-
total
4 472
6 200
-
-
Dividends
40 247
55 800
-
-
withholding
2 012
2 790
-
-
total
2 012
2 790
-
-
Income
62 000
62 000
62 000
62 000
Total tax
12 854
8 990
15 541
17 061
After tax
49 146
53 010
46 459
44 939
Living cost
10 911
10 911
10 911
10 911
Free-cash
38 235
42 099
35 548
34 028

Estimated living cost  is ₽10911 per week

₽6370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽289
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.
₽3473
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
₽8593
₽8377
₽2795
₽7705
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
-
-
-
3 485
social contributions
-
-
-
1 766
health
-
-
-
537
surtax
-
-
-
-
pensions
-
-
-
17 458
other
-
-
-
1 922
total
-
-
-
25 168
Employee
35 595
-
47 246
-
income
2 101
-
3 509
-
social contributions
1 015
-
1 346
-
surtax
-
-
-
-
pensions
4 025
-
5 343
-
total
7 141
-
10 198
-
Employer
35 595
-
47 246
-
unemployment
1 441
-
1 913
-
social contributions
107
-
142
-
pensions
5 848
-
7 762
-
other
1 228
-
1 630
-
health
2 492
-
3 307
-
total
11 116
-
14 754
-
Corporate
15 289
62 000
-
-
income
4 280
17 360
-
-
surtax
-
-
-
-
total
4 280
17 360
-
-
Dividends
11 008
44 640
-
-
withholding
1 409
5 713
-
-
surtax
-
-
-
-
social contributions
1 894
7 677
-
-
total
3 303
13 390
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 840
30 750
24 952
25 168
After tax
36 160
31 250
37 048
36 832
Living cost
28 455
28 455
28 455
28 455
Free-cash
7 705
2 795
8 593
8 377

Estimated living cost  is ₽28455 per week

₽17942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽7716
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
-₽20588
₽471
-₽15920
-₽20588
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
-
-
-
8 186
health
-
-
-
8 758
pensions
-
-
-
9 744
total
-
-
-
26 688
Employee
71 024
71 024
71 024
-
income

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

11 625
11 625
11 625
-
health
10 901
9 273
10 901
-
pensions
12 784
9 744
12 784
-
total
35 310
30 642
35 310
-
Employer
71 024
71 024
71 024
-
unemployment
2 557
2 557
2 557
-
pensions
4 943
4 943
4 943
-
health
4 937
4 937
4 937
-
total
12 437
12 437
12 437
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
47 747
43 079
47 747
26 688
After tax
14 253
18 921
14 253
35 312
Living cost
34 841
34 841
34 841
34 841
Free-cash
-20 588
-15 920
-20 588
471

Estimated living cost  is ₽34841 per week

₽24691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
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.
₽6455
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
₽20922
₽17248
₽6219
₽15418
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
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.

-
-
-
9 673
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.

-
-
-
5 682
trade
-
-
-
3 674
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.

-
-
-
532
total
-
-
-
19 561
Employee

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

31 811
-
62 000
-
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.

889
-
9 673
-
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.

5 682
-
5 682
-
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.

49
-
532
-
total
6 620
-
15 887
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 189
62 000
-
-
chamber of commerce
169
215
-
-
income
4 528
9 299
-
-
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.

249
511
-
-
trade
4 755
9 765
-
-
total
9 701
19 790
-
-
Dividends
20 487
42 210
-
-
withholding
4 806
10 237
-
-
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.

264
563
-
-
total
5 070
10 800
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 391
30 590
15 887
19 561
After tax
40 609
31 410
46 113
42 439
Living cost
25 191
25 191
25 191
25 191
Free-cash
15 418
6 219
20 922
17 248

Estimated living cost  is ₽25191 per week

₽15846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
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.
₽5938
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
₽25253
₽27170
₽23937
₽21723
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
-
-
-
4 321
social contributions
-
-
-
9 672
health
-
-
-
1 581
total
-
-
-
15 574
Employee
63 954
63 954
63 954
-
income
6 963
5 920
6 149
-
social contributions
2 418
5 308
4 672
-
health
496
1 087
956
-
total
9 877
12 315
11 777
-
Employer
63 954
63 954
63 954
-
social contributions
2 418
5 308
4 672
-
health
538
1 184
1 042
-
total
2 956
6 492
5 714
-
Corporate
29 911
-
-
-
income
3 739
-
-
-
total
3 739
-
-
-
Dividends
26 172
-
-
-
withholding
4 449
-
-
-
total
4 449
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 021
18 807
17 491
15 574
After tax
40 979
43 193
44 509
46 426
Living cost
19 256
19 256
19 256
19 256
Free-cash
21 723
23 937
25 253
27 170

Estimated living cost  is ₽19256 per week

₽11541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
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
₽6752
₽9135
₽9179
₽8341
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
-
-
-
5 232
social contributions

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

-
-
-
21 545
surtax
-
-
-
-
total
-
-
-
26 777
Employee
38 252
-
50 101
-
income
7 956
-
11 750
-
social contributions
4 208
-
5 511
-
surtax
-
-
-
-
total
12 164
-
17 261
-
Employer
38 252
-
50 101
-
social contributions
9 085
-
11 899
-
total
9 085
-
11 899
-
Corporate
14 664
62 000
-
-
income
3 079
13 019
-
-
surtax
-
-
-
-
total
3 079
13 019
-
-
Dividends
11 584
48 981
-
-
withholding
3 243
13 714
-
-
total
3 243
13 714
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 571
26 733
29 160
26 777
After tax
34 429
35 267
32 840
35 223
Living cost
26 088
26 088
26 088
26 088
Free-cash
8 341
9 179
6 752
9 135

Estimated living cost  is ₽26088 per week

₽19519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽4594
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
₽43382
₽55162
₽52682
₽51517
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
7 773
-
62 000
-
income
1 554
-
12 400
-
total
1 554
-
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%.

54 227
62 000
-
-
total
-
-
-
-
Dividends
54 227
62 000
-
-
withholding
2 711
3 100
-
-
total
2 711
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
4 265
3 100
12 400
620
After tax
57 735
58 900
49 600
61 380
Living cost
6 218
6 218
6 218
6 218
Free-cash
51 517
52 682
43 382
55 162

Estimated living cost  is ₽6218 per week

₽3854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽171
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.
₽1677
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
₽8920
₽10698
₽20379
₽13423
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
income
-
-
-
11 478
health
-
-
-
6 100
unemployment
-
-
-
93
pensions
-
-
-
11 323
total
-
-
-
28 994
Employee

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

36 778
-
53 648
-
income
6 342
-
10 561
-
health
2 375
-
3 466
-
unemployment
52
-
76
-
pensions
5 701
-
8 316
-
total
14 470
-
22 419
-
Employer

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

36 778
-
53 648
-
unemployment
22
-
32
-
pensions
3 254
-
4 748
-
health
2 450
-
3 573
-
total
5 726
-
8 353
-
Corporate
19 496
62 000
-
-
income
3 704
11 780
-
-
total
3 704
11 780
-
-
Dividends
15 792
50 220
-
-
withholding
2 369
7 533
-
-
total
2 369
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 269
19 313
30 772
28 994
After tax
35 731
42 687
31 228
33 006
Living cost
22 308
22 308
22 308
22 308
Free-cash
13 423
20 379
8 920
10 698

Estimated living cost  is ₽22308 per week

₽15310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5137
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
₽15012
₽2675
₽5715
₽10532
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
-
-
-
23 675
health

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

-
-
-
5 459
total
-
-
-
29 134
Employee
38 153
-
58 174
-
social contributions
3 823
-
3 826
-
income
4 140
-
9 145
-
total
7 963
-
12 971
-
Employer
38 153
-
58 174
-
social contributions
3 823
-
3 826
-
total
3 823
-
3 826
-
Corporate
20 024
62 000
-
-
income
7 008
21 700
-
-
total
7 008
21 700
-
-
Dividends
13 016
40 300
-
-
social contributions
2 483
4 394
-
-
total
2 483
4 394
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 277
26 094
16 797
29 134
After tax
40 723
35 906
45 203
32 866
Living cost
30 191
30 191
30 191
30 191
Free-cash
10 532
5 715
15 012
2 675

Estimated living cost  is ₽30191 per week

₽19887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2380
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
Vilnius , Lithuania
₽23383
₽22181
₽20190
₽20621
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
-
-
-
9 299
social contributions
-
-
-
8 556
health
-
-
-
4 328
total
-
-
-
22 183
Employee
28 199
-
62 000
-
income
4 703
-
8 097
-
social contributions
3 892
-
8 556
-
health
1 968
-
4 328
-
total
10 563
-
20 981
-
Employer
28 199
-
62 000
-
total
-
-
-
-
Corporate
33 801
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%.

1 690
3 100
-
-
total
1 690
3 100
-
-
Dividends
32 110
58 900
-
-
withholding
4 817
8 835
-
-
health
2 241
4 111
-
-
social contributions
4 432
8 128
-
-
total
11 490
21 074
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 743
24 174
20 981
22 183
After tax
38 257
37 826
41 019
39 817
Living cost
17 636
17 636
17 636
17 636
Free-cash
20 621
20 190
23 383
22 181

Estimated living cost  is ₽17636 per week

₽11803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽4339
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
₽8660
₽7393
₽19883
₽11748
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
social contributions
-
-
-
18 104
solidarity contribution
-
-
-
-
health
-
-
-
8 370
total
-
-
-
31 803
Employee
33 535
-
46 269
-
solidarity contribution
-
-
-
-
income
4 024
-
5 552
-
social contributions
2 180
-
3 007
-
health
4 527
-
6 246
-
total
10 731
-
14 805
-
Employer
33 535
-
46 269
-
social contributions
8 384
-
11 567
-
health
3 018
-
4 164
-
total
11 402
-
15 731
-
Corporate
17 063
62 000
-
-
income
3 242
11 780
-
-
total
3 242
11 780
-
-
Dividends
13 821
50 220
-
-
withholding
2 073
7 533
-
-
total
2 073
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 448
19 313
30 536
31 803
After tax
34 552
42 687
31 464
30 197
Living cost
22 804
22 804
22 804
22 804
Free-cash
11 748
19 883
8 660
7 393

Estimated living cost  is ₽22804 per week

₽16958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
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.
₽4188
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
₽39910
₽51690
₽49210
₽47393
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
12 113
-
62 000
-
income
2 423
-
12 400
-
total
2 423
-
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%.

49 887
62 000
-
-
total
-
-
-
-
Dividends
49 887
62 000
-
-
withholding
2 494
3 100
-
-
total
2 494
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
4 917
3 100
12 400
620
After tax
57 083
58 900
49 600
61 380
Living cost
9 690
9 690
9 690
9 690
Free-cash
47 393
49 210
39 910
51 690

Estimated living cost  is ₽9690 per week

₽6557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
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.
₽2401
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
-₽3122
-₽3338
-₽8920
-₽6360
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
-
-
-
3 485
social contributions
-
-
-
1 766
health
-
-
-
537
surtax
-
-
-
-
pensions
-
-
-
17 458
other
-
-
-
1 922
total
-
-
-
25 168
Employee
52 091
-
47 246
-
income
4 545
-
3 509
-
social contributions
1 484
-
1 346
-
surtax
-
-
-
-
pensions
5 892
-
5 343
-
total
11 921
-
10 198
-
Employer
52 091
-
47 246
-
unemployment
2 110
-
1 913
-
social contributions
156
-
142
-
pensions
8 559
-
7 762
-
other
1 798
-
1 630
-
health
3 646
-
3 307
-
total
16 269
-
14 754
-
Corporate
-
62 000
-
-
income
-
17 360
-
-
surtax
-
-
-
-
total
-
17 360
-
-
Dividends
-
44 640
-
-
withholding
-
5 713
-
-
surtax
-
-
-
-
social contributions
-
7 677
-
-
total
-
13 390
-
-
Income
62 000
62 000
62 000
62 000
Total tax
28 190
30 750
24 952
25 168
After tax
33 810
31 250
37 048
36 832
Living cost
40 170
40 170
40 170
40 170
Free-cash
-6 360
-8 920
-3 122
-3 338

Estimated living cost  is ₽40170 per week

₽27186
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽9146
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
₽18071
₽15937
₽30460
₽26382
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
income
-
-
-
8 571
health
-
-
-
6 310
unemployment
-
-
-
919
pensions
-
-
-
15 928
total
-
-
-
31 728
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.

21 617
-
52 587
-
income
2 980
-
9 718
-
health
1 113
-
2 708
-
unemployment
162
-
394
-
pensions
3 026
-
7 362
-
total
7 281
-
20 182
-
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.

21 617
-
52 587
-
unemployment
162
-
394
-
pensions
2 594
-
6 310
-
health
1 113
-
2 708
-
total
3 869
-
9 412
-
Corporate
36 514
62 000
-
-
income
5 477
9 300
-
-
total
5 477
9 300
-
-
Dividends
31 037
52 700
-
-
withholding
4 656
7 905
-
-
total
4 656
7 905
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 283
17 205
29 594
31 728
After tax
40 717
44 795
32 406
30 272
Living cost
14 335
14 335
14 335
14 335
Free-cash
26 382
30 460
18 071
15 937

Estimated living cost  is ₽14335 per week

₽9652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1109
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.
₽3160
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
-₽9111
-₽5951
-₽29711
-₽12421
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
regional
-
-
-
1 837
national
-
-
-
265
health
-
-
-
189
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.

-
-
-
1 241
pensions
-
-
-
5 704
total
-
-
-
9 889
Employee
67 947
-
55 495
-
regional
2 225
-
1 551
-
city
729
-
596
-
health
154
-
125
-
unemployment
-
-
-
-
national
322
-
223
-
pensions
5 708
-
4 660
-
total
9 138
-
7 155
-
Employer
67 947
-
55 495
-
unemployment
-
-
-
-
pensions
5 708
-
4 660
-
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.

1 359
-
1 109
-
health
154
-
125
-
total
7 221
-
5 894
-
Corporate
-
62 000
-
-
regional
-
13 113
-
-
national
-
5 270
-
-
total
-
18 383
-
-
Dividends
-
43 617
-
-
withholding
-
15 266
-
-
total
-
15 266
-
-
Income
62 000
62 000
62 000
62 000
Total tax
16 359
33 649
13 049
9 889
After tax
45 641
28 351
48 951
52 111
Living cost
58 062
58 062
58 062
58 062
Free-cash
-12 421
-29 711
-9 111
-5 951

Estimated living cost  is ₽58062 per week

₽37757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
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.
₽14382
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
₽5114
₽14174
₽10408
₽6911
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
-
-
-
11 051
national
-
-
-
4 236
health
-
-
-
608
total
-
-
-
15 895
Employee
43 757
-
52 158
-
health
327
-
456
-
unemployment
657
-
783
-
national
723
-
1 821
-
municipal
7 167
-
8 532
-
pensions
2 953
-
3 521
-
total
11 827
-
15 113
-
Employer
43 757
-
52 158
-
unemployment
284
-
339
-
pensions
7 592
-
9 050
-
accident
44
-
52
-
health
336
-
401
-
total
8 256
-
9 842
-
Corporate
9 987
62 000
-
-
income
1 997
12 401
-
-
total
1 997
12 401
-
-
Dividends

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

5 993
37 199
-
-
national
-
565
-
-
municipal
1 078
6 695
-
-
total
1 078
7 260
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 158
19 661
24 955
15 895
After tax
38 842
42 339
37 045
46 105
Living cost
31 931
31 931
31 931
31 931
Free-cash
6 911
10 408
5 114
14 174

Estimated living cost  is ₽31931 per week

₽20857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
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.
₽7495
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
-₽4887
₽858
₽4523
-₽14811
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
national
-
-
-
19 079
social contributions
-
-
-
8 529
communal

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

-
-
-
3 209
total
-
-
-
30 817
Employee

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

59 492
-
48 023
-
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.

2 795
-
2 257
-
communal

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

3 103
-
2 505
-
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.

518
-
418
-
national
18 290
-
13 803
-
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.

4 462
-
3 602
-
total
29 168
-
22 585
-
Employer

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

59 492
-
48 023
-
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.

868
-
701
-
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.

5 272
-
4 255
-
surtax
6 746
-
5 445
-
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.

773
-
623
-
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.

3 659
-
2 953
-
total
17 318
-
13 977
-
Corporate
-
62 000
-
-
income
-
12 401
-
-
surtax
-
248
-
-
total
-
12 649
-
-
Dividends
-
49 351
-
-
withholding

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

-
14 503
-
-
total
-
14 503
-
-
Income
62 000
62 000
62 000
62 000
Total tax
46 486
27 152
36 562
30 817
After tax
15 514
34 848
25 438
31 183
Living cost
30 325
30 325
30 325
30 325
Free-cash
-14 811
4 523
-4 887
858

Estimated living cost  is ₽30325 per week

₽19533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽7666
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
-₽1274
-₽3476
-₽531
-₽2386
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
-
-
-
13 132
national
-
-
-
-
health
-
-
-
3 869
accident
-
-
-
124
unemployment
-
-
-
62
pensions
-
-
-
6 702
other
-
-
-
7 204
total
-
-
-
31 093
Employee
48 993
-
47 177
-
national
-
-
-
-
municipal
14 610
-
14 068
-
total
14 610
-
14 068
-
Employer
48 993
-
47 177
-
unemployment
1 293
-
1 246
-
pensions
5 296
-
5 100
-
other
5 693
-
5 482
-
accident
98
-
94
-
health
3 013
-
2 901
-
total
15 393
-
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
30 003
28 148
28 891
31 093
After tax
31 997
33 852
33 109
30 907
Living cost
34 383
34 383
34 383
34 383
Free-cash
-2 386
-531
-1 274
-3 476

Estimated living cost  is ₽34383 per week

₽22788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽7699
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
₽12348
₽4797
-₽329
-₽69487
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
54 559
-
-
-
income
12 035
-
-
-
social contributions
4 474
-
638
-
total
16 509
-
638
-
Employer
54 559
-
-
-
social contributions
76 928
-
10 964
-
total
76 928
-
10 964
-
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
93 437
24 279
11 602
19 153
After tax
-31 437
37 721
50 398
42 847
Living cost
38 050
38 050
38 050
38 050
Free-cash
-69 487
-329
12 348
4 797

Estimated living cost  is ₽38050 per week

₽24689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽9298
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
₽17533
₽19450
₽16217
₽15079
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
-
-
-
4 321
social contributions
-
-
-
9 672
health
-
-
-
1 581
total
-
-
-
15 574
Employee
63 954
63 954
63 954
-
income
6 716
5 920
6 149
-
social contributions
3 108
5 308
4 672
-
health
636
1 087
956
-
total
10 460
12 315
11 777
-
Employer
63 954
63 954
63 954
-
social contributions
3 108
5 308
4 672
-
health
693
1 184
1 042
-
total
3 801
6 492
5 714
-
Corporate
20 764
-
-
-
income
2 595
-
-
-
total
2 595
-
-
-
Dividends
18 169
-
-
-
withholding
3 089
-
-
-
total
3 089
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 945
18 807
17 491
15 574
After tax
42 055
43 193
44 509
46 426
Living cost
26 976
26 976
26 976
26 976
Free-cash
15 079
16 217
17 533
19 450

Estimated living cost  is ₽26976 per week

₽18441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2107
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.
₽5975
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
₽9342
₽16114
₽16350
₽11777
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
-
-
-
11 555
pensions
-
-
-
4 227
total
-
-
-
15 782
Employee
41 322
-
54 907
-
income
7 525
-
9 861
-
health
539
-
817
-
pensions
3 154
-
4 785
-
total
11 218
-
15 463
-
Employer
41 322
-
54 907
-
pensions
4 175
-
6 049
-
health
785
-
1 042
-
total
4 960
-
7 091
-
Corporate
15 718
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.

2 986
11 780
-
-
total
2 986
11 780
-
-
Dividends
12 732
50 220
-
-
withholding
955
3 766
-
-
total
955
3 766
-
-
Income
62 000
62 000
62 000
62 000
Total tax
20 119
15 546
22 554
15 782
After tax
41 881
46 454
39 446
46 218
Living cost
30 104
30 104
30 104
30 104
Free-cash
11 777
16 350
9 342
16 114

Estimated living cost  is ₽30104 per week

₽20651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
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.
₽6306
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
-₽3441
-₽229
-₽475
-₽8085
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
-
-
-
1 042
national
-
-
-
11 692
social contributions
-
-
-
15 947
total
-
-
-
29 096
Employee
70 084
-
62 000
-
regional
1 058
-
885
-
social contributions
23 632
-
20 906
-
national
11 844
-
10 148
-
municipal
418
-
369
-
total
36 952
-
32 308
-
Employer
70 084
-
62 000
-
total
-
-
-
-
Corporate
-
62 000
-
-
nationa
-
14 880
-
-
municipal
-
2 988
-
-
total
-
17 868
-
-
Dividends
-
44 132
-
-
withholding
-
11 474
-
-
total
-
11 474
-
-
Income
62 000
62 000
62 000
62 000
Total tax
36 952
29 342
32 308
29 096
After tax
25 048
32 658
29 692
32 904
Living cost
33 133
33 133
33 133
33 133
Free-cash
-8 085
-475
-3 441
-229

Estimated living cost  is ₽33133 per week

₽23274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7079
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
₽13945
₽25299
-₽12341
₽2360
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
-
-
-
13 842
health
-
-
-
1 721
accident
-
-
-
199
pensions
-
-
-
3 284
other
-
-
-
292
total
-
-
-
19 338
Employee
27 313
-
51 503
-
income
3 747
-
8 500
-
health
3 127
-
5 897
-
pensions
3 075
-
5 799
-
total
9 949
-
20 196
-
Employer
27 313
-
51 503
-
unemployment
669
-
1 262
-
pensions
4 441
-
8 374
-
accident
456
-
860
-
total
5 566
-
10 496
-
Corporate
29 121
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.

26 209
55 800
-
-
total
26 209
55 800
-
-
Dividends
2 912
6 200
-
-
withholding
553
1 178
-
-
total
553
1 178
-
-
Income
62 000
62 000
62 000
62 000
Total tax
42 277
56 978
30 692
19 338
After tax
19 723
5 022
31 308
42 662
Living cost
17 363
17 363
17 363
17 363
Free-cash
2 360
-12 341
13 945
25 299

Estimated living cost  is ₽17363 per week

₽12726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
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.
₽3313
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
₽14003
₽10655
-₽63
₽10819
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
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.

-
-
-
9 673
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.

-
-
-
5 682
trade
-
-
-
3 348
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.

-
-
-
532
total
-
-
-
19 235
Employee

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

41 382
-
62 000
-
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.

3 403
-
9 673
-
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.

5 682
-
5 682
-
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.

188
-
532
-
total
9 273
-
15 887
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
20 618
62 000
-
-
chamber of commerce
156
218
-
-
income
3 092
9 299
-
-
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.

170
511
-
-
trade
2 959
8 897
-
-
total
6 377
18 925
-
-
Dividends
14 240
43 075
-
-
withholding
3 243
10 453
-
-
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.

178
575
-
-
total
3 421
11 028
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 071
29 953
15 887
19 235
After tax
42 929
32 047
46 113
42 765
Living cost
32 110
32 110
32 110
32 110
Free-cash
10 819
-63
14 003
10 655

Estimated living cost  is ₽32110 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6039
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
₽17885
₽32780
₽32296
₽25475
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
microenterprise
-
-
-
9 299
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.

-
-
-
2 618
surtax
-
-
-
-
total
-
-
-
11 917
Employee
24 303
-
49 964
-
income
4 326
-
9 280
-
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.

2 674
-
5 496
-
surtax
-
-
-
-
total
7 000
-
14 776
-
Employer
24 303
-
49 964
-
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.

5 854
-
12 036
-
surtax
-
-
-
-
total
5 854
-
12 036
-
Corporate
31 843
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%.

6 368
12 401
-
-
total
6 368
12 401
-
-
Dividends

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

25 475
49 599
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 222
12 401
26 812
11 917
After tax
42 778
49 599
35 188
50 083
Living cost
17 303
17 303
17 303
17 303
Free-cash
25 475
32 296
17 885
32 780

Estimated living cost  is ₽17303 per week

₽11039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽4224
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
₽22482
₽23247
₽27944
₽26178
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
-
-
-
14 490
health
-
-
-
5 682
pensions
-
-
-
7 837
total
-
-
-
28 009
Employee
16 364
-
53 183
-
income
3 166
-
14 079
-
health
818
-
1 959
-
unemployment
164
-
392
-
pensions
1 473
-
3 527
-
total
5 621
-
19 957
-
Employer
16 364
-
53 183
-
unemployment
327
-
784
-
pensions
1 800
-
4 310
-
health
1 555
-
3 723
-
total
3 682
-
8 817
-
Corporate
41 953
62 000
-
-
income
9 230
13 640
-
-
total
9 230
13 640
-
-
Dividends
32 724
48 360
-
-
withholding
6 545
9 672
-
-
total
6 545
9 672
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 078
23 312
28 774
28 009
After tax
36 922
38 688
33 226
33 991
Living cost
10 744
10 744
10 744
10 744
Free-cash
26 178
27 944
22 482
23 247

Estimated living cost  is ₽10744 per week

₽6385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
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.
₽3242
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
₽13793
₽15165
₽20317
₽17672
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
-
-
-
10 212
health
-
-
-
4 402
unemployment
-
-
-
189
surtax
-
-
-
950
pensions
-
-
-
12 401
other
-
-
-
-
total
-
-
-
28 154
Employee
28 009
-
51 219
-
other
-
-
-
-
income
4 695
-
9 609
-
health
715
-
1 307
-
unemployment
1 949
-
3 565
-
surtax
99
-
846
-
pensions
1 869
-
3 417
-
total
9 327
-
18 744
-
Employer
28 009
-
51 219
-
unemployment
889
-
1 624
-
pensions
3 734
-
6 828
-
other
-
-
-
-
health
1 274
-
2 330
-
total
5 897
-
10 782
-
Corporate
28 095
62 000
-
-
income
7 304
16 121
-
-
total
7 304
16 121
-
-
Dividends
20 790
45 879
-
-
withholding
3 119
6 881
-
-
total
3 119
6 881
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 647
23 002
29 526
28 154
After tax
36 353
38 998
32 474
33 846
Living cost
18 681
18 681
18 681
18 681
Free-cash
17 672
20 317
13 793
15 165

Estimated living cost  is ₽18681 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽5346
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
-₽4974
₽6844
₽8667
₽8253
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
-
-
-
7 060
chamber of commerce
-
-
-
248
health
-
-
-