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
₽ 62500
per

Your estimated
City
free-cash

Valencia , Spain
₽10070
₽9628
₽18128
₽13541
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
-
-
-
62 500
income
-
-
-
10 081
accident
-
-
-
562
unemployment
-
-
-
438
pensions
-
-
-
17 688
other
-
-
-
63
total
-
-
-
28 832
Employee
32 324
-
47 392
-
other
32
-
48
-
income
6 232
-
10 271
-
unemployment
501
-
735
-
pensions
1 520
-
2 228
-
total
8 285
-
13 282
-
Employer
32 324
-
47 392
-
unemployment
1 778
-
2 606
-
pensions
7 628
-
11 185
-
other
259
-
378
-
accident
640
-
939
-
total
10 305
-
15 108
-
Corporate
19 870
62 500
-
-
income

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

2 981
9 375
-
-
total
2 981
9 375
-
-
Dividends
16 889
53 125
-
-
withholding
3 348
10 957
-
-
total
3 348
10 957
-
-
Income
62 500
62 500
62 500
62 500
Total tax
24 919
20 332
28 390
28 832
After tax
37 581
42 168
34 110
33 668
Living cost
24 040
24 040
24 040
24 040
Free-cash
13 541
18 128
10 070
9 628

Estimated living cost  is ₽24040 per week

₽16226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
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.
₽5081
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
₽13342
₽10548
₽22624
₽16719
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
-
-
-
62 500
income
-
-
-
7 938
health
-
-
-
2 751
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.

-
-
-
14 999
other
-
-
-
2 970
total
-
-
-
28 658
Employee
31 741
-
49 920
-
income
5 465
-
8 593
-
health
445
-
698
-
unemployment
317
-
499
-
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.

2 221
-
3 495
-
total
8 448
-
13 285
-
Employer
31 741
-
49 920
-
unemployment
317
-
499
-
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.

5 397
-
8 487
-
other
1 588
-
2 495
-
accident
254
-
400
-
health
445
-
698
-
total
8 001
-
12 579
-
Corporate
22 759
62 500
-
-
income
4 779
13 126
-
-
total
4 779
13 126
-
-
Dividends
17 980
49 374
-
-
withholding
1 259
3 456
-
-
total
1 259
3 456
-
-
Income
62 500
62 500
62 500
62 500
Total tax
22 487
16 582
25 864
28 658
After tax
40 013
45 918
36 636
33 842
Living cost
23 294
23 294
23 294
23 294
Free-cash
16 719
22 624
13 342
10 548

Estimated living cost  is ₽23294 per week

₽16459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4887
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
₽34997
₽33532
₽41988
₽37933
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
-
-
-
62 500
income
-
-
-
9 375
health
-
-
-
3 508
unemployment
-
-
-
122
pensions

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

-
-
-
4 514
total
-
-
-
17 519
Employee
15 160
-
56 516
-
income
1 516
-
5 652
-
health
697
-
1 403
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
pensions

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

1 331
-
2 678
-
total
3 711
-
10 069
-
Employer
15 160
-
56 516
-
unemployment
91
-
183
-
pensions

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

1 671
-
3 361
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 046
-
2 105
-
total
2 975
-
5 985
-
Corporate
44 366
62 500
-
-
income
4 436
6 250
-
-
total
4 436
6 250
-
-
Dividends
39 930
56 250
-
-
withholding
1 996
2 813
-
-
total
1 996
2 813
-
-
Income
62 500
62 500
62 500
62 500
Total tax
13 118
9 063
16 054
17 519
After tax
49 382
53 437
46 446
44 981
Living cost
11 449
11 449
11 449
11 449
Free-cash
37 933
41 988
34 997
33 532

Estimated living cost  is ₽11449 per week

₽6684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3644
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
₽7531
₽7268
₽1590
₽6755
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
-
-
-
62 500
income
-
-
-
3 411
social contributions
-
-
-
1 780
health
-
-
-
541
surtax
-
-
-
-
pensions
-
-
-
17 653
other
-
-
-
1 938
total
-
-
-
25 323
Employee
37 415
-
47 626
-
income
2 208
-
3 442
-
social contributions
1 067
-
1 357
-
surtax
-
-
-
-
pensions
4 230
-
5 387
-
total
7 505
-
10 186
-
Employer
37 415
-
47 626
-
unemployment
1 515
-
1 929
-
social contributions
113
-
143
-
pensions
6 146
-
7 825
-
other
1 291
-
1 642
-
health
2 620
-
3 335
-
total
11 685
-
14 874
-
Corporate
13 401
62 500
-
-
income
3 753
17 500
-
-
surtax
-
-
-
-
total
3 753
17 500
-
-
Dividends
9 649
45 000
-
-
withholding
1 234
5 760
-
-
surtax
-
-
-
-
social contributions
1 659
7 741
-
-
total
2 893
13 501
-
-
Income
62 500
62 500
62 500
62 500
Total tax
25 836
31 001
25 060
25 323
After tax
36 664
31 499
37 440
37 177
Living cost
29 909
29 909
29 909
29 909
Free-cash
6 755
1 590
7 531
7 268

Estimated living cost  is ₽29909 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8111
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
-₽24311
-₽1006
-₽19403
-₽24311
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
-
-
-
62 500
income
-
-
-
7 589
health
-
-
-
9 053
pensions
-
-
-
10 242
total
-
-
-
26 884
Employee
74 653
74 653
74 653
-
income

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

12 220
12 220
12 220
-
health
11 458
9 746
11 458
-
pensions
13 438
10 242
13 438
-
total
37 116
32 208
37 116
-
Employer
74 653
74 653
74 653
-
unemployment
2 688
2 688
2 688
-
pensions
5 196
5 196
5 196
-
health
5 189
5 189
5 189
-
total
13 073
13 073
13 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
50 189
45 281
50 189
26 884
After tax
12 311
17 219
12 311
35 616
Living cost
36 622
36 622
36 622
36 622
Free-cash
-24 311
-19 403
-24 311
-1 006

Estimated living cost  is ₽36622 per week

₽25953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
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.
₽6785
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
₽20248
₽16806
₽5193
₽14865
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.

-
-
-
62 500
income

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

-
-
-
9 290
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.

-
-
-
5 972
trade
-
-
-
3 442
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.

-
-
-
511
total
-
-
-
19 215
Employee

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

33 437
-
62 500
-
income

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

934
-
9 290
-
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.

5 972
-
5 972
-
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.

51
-
511
-
total
6 957
-
15 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 063
62 500
-
-
chamber of commerce
174
222
-
-
income
4 360
9 375
-
-
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.

241
516
-
-
trade
4 577
9 844
-
-
total
9 352
19 957
-
-
Dividends
19 712
42 543
-
-
withholding
4 595
10 304
-
-
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.

252
567
-
-
total
4 847
10 871
-
-
Income
62 500
62 500
62 500
62 500
Total tax
21 156
30 828
15 773
19 215
After tax
41 344
31 672
46 727
43 285
Living cost
26 479
26 479
26 479
26 479
Free-cash
14 865
5 193
20 248
16 806

Estimated living cost  is ₽26479 per week

₽16656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6241
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
₽24290
₽26920
₽22492
₽20893
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
-
-
-
62 500
income
-
-
-
3 996
social contributions
-
-
-
9 750
health
-
-
-
1 594
total
-
-
-
15 340
Employee
67 222
67 222
67 222
-
income
7 319
6 223
6 536
-
social contributions
2 542
5 579
4 710
-
health
521
1 143
964
-
total
10 382
12 945
12 210
-
Employer
67 222
67 222
67 222
-
social contributions
2 542
5 579
4 710
-
health
566
1 244
1 050
-
total
3 108
6 823
5 760
-
Corporate
28 771
-
-
-
income
3 597
-
-
-
total
3 597
-
-
-
Dividends
25 174
-
-
-
withholding
4 280
-
-
-
total
4 280
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
21 367
19 768
17 970
15 340
After tax
41 133
42 732
44 530
47 160
Living cost
20 240
20 240
20 240
20 240
Free-cash
20 893
22 492
24 290
26 920

Estimated living cost  is ₽20240 per week

₽12130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽5677
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
₽5888
₽8167
₽8129
₽7249
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.

-
-
-
62 500
income
-
-
-
5 193
social contributions

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

-
-
-
21 719
surtax
-
-
-
-
total
-
-
-
26 912
Employee
40 207
-
50 506
-
income
8 363
-
11 641
-
social contributions
4 423
-
5 556
-
surtax
-
-
-
-
total
12 786
-
17 197
-
Employer
40 207
-
50 506
-
social contributions
9 549
-
11 994
-
total
9 549
-
11 994
-
Corporate
12 744
62 500
-
-
income
2 676
13 126
-
-
surtax
-
-
-
-
total
2 676
13 126
-
-
Dividends
10 068
49 374
-
-
withholding
2 819
13 824
-
-
total
2 819
13 824
-
-
Income
62 500
62 500
62 500
62 500
Total tax
27 830
26 950
29 191
26 912
After tax
34 670
35 550
33 309
35 588
Living cost
27 421
27 421
27 421
27 421
Free-cash
7 249
8 129
5 888
8 167

Estimated living cost  is ₽27421 per week

₽20516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
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.
₽4829
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
₽43711
₽55586
₽53086
₽51907
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%.

-
-
-
62 500
microenterprise

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

-
-
-
625
total
-
-
-
625
Employee
7 861
-
62 500
-
income
1 572
-
12 500
-
total
1 572
-
12 500
-
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%.

54 639
62 500
-
-
total
-
-
-
-
Dividends
54 639
62 500
-
-
withholding
2 732
3 125
-
-
total
2 732
3 125
-
-
Income
62 500
62 500
62 500
62 500
Total tax
4 304
3 125
12 500
625
After tax
58 196
59 375
50 000
61 875
Living cost
6 289
6 289
6 289
6 289
Free-cash
51 907
53 086
43 711
55 586

Estimated living cost  is ₽6289 per week

₽3897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1696
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
₽8187
₽9979
₽19584
₽12272
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.

-
-
-
62 500
income
-
-
-
11 413
health
-
-
-
6 151
unemployment
-
-
-
95
pensions
-
-
-
11 414
total
-
-
-
29 073
Employee

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

38 658
-
54 079
-
income
6 666
-
10 491
-
health
2 497
-
3 494
-
unemployment
55
-
76
-
pensions
5 992
-
8 383
-
total
15 210
-
22 444
-
Employer

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

38 658
-
54 079
-
unemployment
23
-
33
-
pensions
3 421
-
4 786
-
health
2 575
-
3 602
-
total
6 019
-
8 421
-
Corporate
17 824
62 500
-
-
income
3 386
11 875
-
-
total
3 386
11 875
-
-
Dividends
14 438
50 625
-
-
withholding
2 165
7 593
-
-
total
2 165
7 593
-
-
Income
62 500
62 500
62 500
62 500
Total tax
26 780
19 468
30 865
29 073
After tax
35 720
43 032
31 635
33 427
Living cost
23 448
23 448
23 448
23 448
Free-cash
12 272
19 584
8 187
9 979

Estimated living cost  is ₽23448 per week

₽16092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5400
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
₽13779
₽170
₽4272
₽9337
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.

-
-
-
62 500
income
-
-
-
24 884
health

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

-
-
-
5 712
total
-
-
-
30 596
Employee
40 103
-
58 479
-
social contributions
4 018
-
4 021
-
income
4 351
-
8 945
-
total
8 369
-
12 966
-
Employer
40 103
-
58 479
-
social contributions
4 018
-
4 021
-
total
4 018
-
4 021
-
Corporate
18 379
62 500
-
-
income
6 432
21 875
-
-
total
6 432
21 875
-
-
Dividends
11 947
40 625
-
-
social contributions
2 610
4 619
-
-
total
2 610
4 619
-
-
Income
62 500
62 500
62 500
62 500
Total tax
21 429
26 494
16 987
30 596
After tax
41 071
36 006
45 513
31 904
Living cost
31 734
31 734
31 734
31 734
Free-cash
9 337
4 272
13 779
170

Estimated living cost  is ₽31734 per week

₽20903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
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
₽22999
₽21600
₽19593
₽20048
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
-
-
-
62 500
income
-
-
-
9 375
social contributions
-
-
-
8 625
health
-
-
-
4 363
total
-
-
-
22 363
Employee
29 641
-
62 500
-
income
4 944
-
7 976
-
social contributions
4 091
-
8 625
-
health
2 069
-
4 363
-
total
11 104
-
20 964
-
Employer
29 641
-
62 500
-
total
-
-
-
-
Corporate
32 859
62 500
-
-
income

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

1 642
3 125
-
-
total
1 642
3 125
-
-
Dividends
31 217
59 375
-
-
withholding
4 683
8 907
-
-
health
2 178
4 144
-
-
social contributions
4 308
8 194
-
-
total
11 169
21 245
-
-
Income
62 500
62 500
62 500
62 500
Total tax
23 915
24 370
20 964
22 363
After tax
38 585
38 130
41 536
40 137
Living cost
18 537
18 537
18 537
18 537
Free-cash
20 048
19 593
22 999
21 600

Estimated living cost  is ₽18537 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
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.
₽4560
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
₽8073
₽6798
₽19388
₽10954
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
-
-
-
62 500
income
-
-
-
5 372
social contributions
-
-
-
18 250
solidarity contribution
-
-
-
-
health
-
-
-
8 437
total
-
-
-
32 059
Employee
34 770
-
46 642
-
solidarity contribution
-
-
-
-
income
4 172
-
5 597
-
social contributions
2 260
-
3 032
-
health
4 694
-
6 297
-
total
11 126
-
14 926
-
Employer
34 770
-
46 642
-
social contributions
8 692
-
11 660
-
health
3 129
-
4 198
-
total
11 821
-
15 858
-
Corporate
15 909
62 500
-
-
income
3 023
11 875
-
-
total
3 023
11 875
-
-
Dividends
12 886
50 625
-
-
withholding
1 933
7 594
-
-
total
1 933
7 594
-
-
Income
62 500
62 500
62 500
62 500
Total tax
27 903
19 469
30 784
32 059
After tax
34 597
43 031
31 716
30 441
Living cost
23 643
23 643
23 643
23 643
Free-cash
10 954
19 388
8 073
6 798

Estimated living cost  is ₽23643 per week

₽17583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
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.
₽4342
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
₽40200
₽52075
₽49575
₽47737
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%.

-
-
-
62 500
microenterprise

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

-
-
-
625
total
-
-
-
625
Employee
12 251
-
62 500
-
income
2 450
-
12 500
-
total
2 450
-
12 500
-
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%.

50 249
62 500
-
-
total
-
-
-
-
Dividends
50 249
62 500
-
-
withholding
2 513
3 125
-
-
total
2 513
3 125
-
-
Income
62 500
62 500
62 500
62 500
Total tax
4 963
3 125
12 500
625
After tax
57 537
59 375
50 000
61 875
Living cost
9 800
9 800
9 800
9 800
Free-cash
47 737
49 575
40 200
52 075

Estimated living cost  is ₽9800 per week

₽6632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2428
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
-₽4783
-₽5046
-₽10724
-₽9353
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
-
-
-
62 500
income
-
-
-
3 411
social contributions
-
-
-
1 780
health
-
-
-
541
surtax
-
-
-
-
pensions
-
-
-
17 653
other
-
-
-
1 938
total
-
-
-
25 323
Employee
54 753
-
47 626
-
income
4 777
-
3 442
-
social contributions
1 559
-
1 357
-
surtax
-
-
-
-
pensions
6 193
-
5 387
-
total
12 529
-
10 186
-
Employer
54 753
-
47 626
-
unemployment
2 218
-
1 929
-
social contributions
164
-
143
-
pensions
8 997
-
7 825
-
other
1 890
-
1 642
-
health
3 832
-
3 335
-
total
17 101
-
14 874
-
Corporate
-
62 500
-
-
income
-
17 500
-
-
surtax
-
-
-
-
total
-
17 500
-
-
Dividends
-
45 000
-
-
withholding
-
5 760
-
-
surtax
-
-
-
-
social contributions
-
7 741
-
-
total
-
13 501
-
-
Income
62 500
62 500
62 500
62 500
Total tax
29 630
31 001
25 060
25 323
After tax
32 870
31 499
37 440
37 177
Living cost
42 223
42 223
42 223
42 223
Free-cash
-9 353
-10 724
-4 783
-5 046

Estimated living cost  is ₽42223 per week

₽28576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9614
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
₽17809
₽15478
₽30082
₽25794
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.

-
-
-
62 500
income
-
-
-
8 323
health
-
-
-
6 438
unemployment
-
-
-
937
pensions
-
-
-
16 250
total
-
-
-
31 948
Employee

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

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

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

22 730
-
53 011
-
income
3 133
-
9 578
-
health
1 171
-
2 730
-
unemployment
170
-
398
-
pensions
3 182
-
7 422
-
total
7 656
-
20 128
-
Employer

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

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

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

22 730
-
53 011
-
unemployment
170
-
398
-
pensions
2 728
-
6 361
-
health
1 171
-
2 730
-
total
4 069
-
9 489
-
Corporate
35 701
62 500
-
-
income
5 355
9 375
-
-
total
5 355
9 375
-
-
Dividends
30 346
53 125
-
-
withholding
4 552
7 969
-
-
total
4 552
7 969
-
-
Income
62 500
62 500
62 500
62 500
Total tax
21 632
17 344
29 617
31 948
After tax
40 868
45 156
32 883
30 552
Living cost
15 074
15 074
15 074
15 074
Free-cash
25 794
30 082
17 809
15 478

Estimated living cost  is ₽15074 per week

₽10149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3322
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
-₽11697
-₽8502
-₽32520
-₽15814
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
-
-
-
62 500
regional
-
-
-
1 786
national
-
-
-
257
health
-
-
-
199
city
-
-
-
658
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.

-
-
-
1 251
pensions
-
-
-
5 751
total
-
-
-
9 902
Employee
71 502
-
55 940
-
regional
2 341
-
1 511
-
city
767
-
601
-
health
162
-
126
-
unemployment
-
-
-
-
national
338
-
214
-
pensions
6 007
-
4 700
-
total
9 615
-
7 152
-
Employer
71 502
-
55 940
-
unemployment
-
-
-
-
pensions
6 007
-
4 700
-
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.

1 430
-
1 119
-
health
162
-
126
-
total
7 599
-
5 945
-
Corporate
-
62 500
-
-
regional
-
13 220
-
-
national
-
5 312
-
-
total
-
18 532
-
-
Dividends
-
43 969
-
-
withholding
-
15 388
-
-
total
-
15 388
-
-
Income
62 500
62 500
62 500
62 500
Total tax
17 214
33 920
13 097
9 902
After tax
45 286
28 580
49 403
52 598
Living cost
61 100
61 100
61 100
61 100
Free-cash
-15 814
-32 520
-11 697
-8 502

Estimated living cost  is ₽61100 per week

₽39732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
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.
₽15134
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
₽4063
₽13197
₽9189
₽5417
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

-
-
-
62 500
municipal
-
-
-
11 143
national
-
-
-
4 000
health
-
-
-
597
total
-
-
-
15 740
Employee
45 994
-
52 578
-
health
343
-
445
-
unemployment
690
-
788
-
national
760
-
1 566
-
municipal
7 533
-
8 603
-
pensions
3 104
-
3 549
-
total
12 430
-
14 951
-
Employer
45 994
-
52 578
-
unemployment
299
-
342
-
pensions
7 980
-
9 123
-
accident
46
-
53
-
health
353
-
405
-
total
8 678
-
9 923
-
Corporate
7 828
62 500
-
-
income
1 566
12 500
-
-
total
1 566
12 500
-
-
Dividends

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

4 697
37 500
-
-
national
-
498
-
-
municipal
846
6 750
-
-
total
846
7 248
-
-
Income
62 500
62 500
62 500
62 500
Total tax
23 520
19 748
24 874
15 740
After tax
38 980
42 752
37 626
46 760
Living cost
33 563
33 563
33 563
33 563
Free-cash
5 417
9 189
4 063
13 197

Estimated living cost  is ₽33563 per week

₽21923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽7878
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
-₽6015
-₽129
₽3268
-₽18235
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
-
-
-
62 500
national
-
-
-
19 105
social contributions
-
-
-
8 404
communal

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

-
-
-
3 245
total
-
-
-
30 754
Employee

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

62 532
-
48 405
-
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.

2 938
-
2 276
-
communal

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

3 262
-
2 525
-
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.

544
-
421
-
national
19 225
-
13 697
-
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.

4 690
-
3 630
-
total
30 659
-
22 549
-
Employer

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

62 532
-
48 405
-
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.

912
-
707
-
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.

5 541
-
4 288
-
surtax
7 090
-
5 488
-
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.

813
-
630
-
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.

3 845
-
2 978
-
total
18 201
-
14 091
-
Corporate
-
62 500
-
-
income
-
12 500
-
-
surtax
-
251
-
-
total
-
12 751
-
-
Dividends
-
49 749
-
-
withholding

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

-
14 606
-
-
total
-
14 606
-
-
Income
62 500
62 500
62 500
62 500
Total tax
48 860
27 357
36 640
30 754
After tax
13 640
35 143
25 860
31 746
Living cost
31 875
31 875
31 875
31 875
Free-cash
-18 235
3 268
-6 015
-129

Estimated living cost  is ₽31875 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8058
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
-₽2341
-₽4560
-₽1591
-₽4383
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
-
-
-
62 500
municipal
-
-
-
13 238
national
-
-
-
-
health
-
-
-
3 900
accident
-
-
-
125
unemployment
-
-
-
63
pensions
-
-
-
6 756
other
-
-
-
7 262
total
-
-
-
31 344
Employee
50 892
-
47 557
-
national
-
-
-
-
municipal
15 176
-
14 182
-
total
15 176
-
14 182
-
Employer
50 892
-
47 557
-
unemployment
1 344
-
1 256
-
pensions
5 501
-
5 141
-
other
5 914
-
5 526
-
accident
102
-
95
-
health
3 130
-
2 925
-
total
15 991
-
14 943
-
Corporate
-
62 500
-
-
income
-
13 750
-
-
total
-
13 750
-
-
Dividends
-
48 750
-
-
withholding
-
14 625
-
-
total
-
14 625
-
-
Income
62 500
62 500
62 500
62 500
Total tax
31 167
28 375
29 125
31 344
After tax
31 333
34 125
33 375
31 156
Living cost
35 716
35 716
35 716
35 716
Free-cash
-4 383
-1 591
-2 341
-4 560

Estimated living cost  is ₽35716 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽7998
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
₽12080
₽4552
-₽615
-₽71024
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
-
-
-
62 500
income
-
-
-
12 183
social contributions
-
-
-
7 125
total
-
-
-
19 308
Employee
55 404
-
-
-
income
12 221
-
-
-
social contributions
4 543
-
647
-
total
16 764
-
647
-
Employer
55 404
-
-
-
social contributions
78 120
-
11 133
-
total
78 120
-
11 133
-
Corporate
-
62 500
-
-
income
-
13 750
-
-
total
-
13 750
-
-
Dividends
-
48 750
-
-
income
-
10 725
-
-
total
-
10 725
-
-
Income
62 500
62 500
62 500
62 500
Total tax
94 884
24 475
11 780
19 308
After tax
-32 384
38 025
50 720
43 192
Living cost
38 640
38 640
38 640
38 640
Free-cash
-71 024
-615
12 080
4 552

Estimated living cost  is ₽38640 per week

₽25071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽9442
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
₽16175
₽18805
₽14377
₽13911
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
-
-
-
62 500
income
-
-
-
3 996
social contributions
-
-
-
9 750
health
-
-
-
1 594
total
-
-
-
15 340
Employee
67 222
67 222
67 222
-
income
7 059
6 223
6 536
-
social contributions
3 267
5 579
4 710
-
health
669
1 143
964
-
total
10 995
12 945
12 210
-
Employer
67 222
67 222
67 222
-
social contributions
3 267
5 579
4 710
-
health
728
1 244
1 050
-
total
3 995
6 823
5 760
-
Corporate
19 156
-
-
-
income
2 394
-
-
-
total
2 394
-
-
-
Dividends
16 763
-
-
-
withholding
2 850
-
-
-
total
2 850
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
20 234
19 768
17 970
15 340
After tax
42 266
42 732
44 530
47 160
Living cost
28 355
28 355
28 355
28 355
Free-cash
13 911
14 377
16 175
18 805

Estimated living cost  is ₽28355 per week

₽19383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6281
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
₽8150
₽14910
₽15095
₽10276
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
-
-
-
62 500
income
-
-
-
11 659
pensions
-
-
-
4 199
total
-
-
-
15 858
Employee
43 557
-
55 411
-
income
7 932
-
9 970
-
health
568
-
811
-
pensions
3 324
-
4 747
-
total
11 824
-
15 528
-
Employer
43 557
-
55 411
-
pensions
4 401
-
6 036
-
health
828
-
1 054
-
total
5 229
-
7 090
-
Corporate
13 714
62 500
-
-
income

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

2 606
11 876
-
-
total
2 606
11 876
-
-
Dividends
11 108
50 624
-
-
withholding
833
3 797
-
-
total
833
3 797
-
-
Income
62 500
62 500
62 500
62 500
Total tax
20 492
15 673
22 618
15 858
After tax
42 008
46 827
39 882
46 642
Living cost
31 732
31 732
31 732
31 732
Free-cash
10 276
15 095
8 150
14 910

Estimated living cost  is ₽31732 per week

₽21768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6647
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
-₽4846
-₽1377
-₽1905
-₽11167
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
-
-
-
62 500
municipal
-
-
-
418
regional
-
-
-
1 018
national
-
-
-
11 540
social contributions
-
-
-
16 075
total
-
-
-
29 051
Employee
73 666
-
62 500
-
regional
1 112
-
882
-
social contributions
24 840
-
21 076
-
national
12 449
-
10 189
-
municipal
440
-
373
-
total
38 841
-
32 520
-
Employer
73 666
-
62 500
-
total
-
-
-
-
Corporate
-
62 500
-
-
nationa
-
15 000
-
-
municipal
-
3 013
-
-
total
-
18 013
-
-
Dividends
-
44 487
-
-
withholding
-
11 566
-
-
total
-
11 566
-
-
Income
62 500
62 500
62 500
62 500
Total tax
38 841
29 579
32 520
29 051
After tax
23 659
32 921
29 980
33 449
Living cost
34 826
34 826
34 826
34 826
Free-cash
-11 167
-1 905
-4 846
-1 377

Estimated living cost  is ₽34826 per week

₽24463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7440
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
₽13665
₽24996
-₽12960
₽2298
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
-
-
-
62 500
income
-
-
-
13 774
health
-
-
-
1 787
accident
-
-
-
207
pensions
-
-
-
3 409
other
-
-
-
304
total
-
-
-
19 481
Employee
28 351
-
51 918
-
income
3 890
-
8 441
-
health
3 246
-
5 944
-
pensions
3 192
-
5 846
-
total
10 328
-
20 231
-
Employer
28 351
-
51 918
-
unemployment
695
-
1 272
-
pensions
4 610
-
8 442
-
accident
473
-
867
-
total
5 778
-
10 581
-
Corporate
28 371
62 500
-
-
income

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

25 534
56 250
-
-
total
25 534
56 250
-
-
Dividends
2 837
6 250
-
-
withholding
539
1 187
-
-
total
539
1 187
-
-
Income
62 500
62 500
62 500
62 500
Total tax
42 179
57 437
30 812
19 481
After tax
20 321
5 063
31 688
43 019
Living cost
18 023
18 023
18 023
18 023
Free-cash
2 298
-12 960
13 665
24 996

Estimated living cost  is ₽18023 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3439
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
₽12976
₽9841
-₽1436
₽10001
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.

-
-
-
62 500
income

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

-
-
-
9 290
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.

-
-
-
5 972
trade
-
-
-
3 135
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.

-
-
-
511
total
-
-
-
18 908
Employee

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

43 497
-
62 500
-
income

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

3 577
-
9 290
-
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.

5 972
-
5 972
-
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.

197
-
511
-
total
9 746
-
15 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
19 003
62 500
-
-
chamber of commerce
161
224
-
-
income
2 850
9 375
-
-
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.

156
516
-
-
trade
2 727
8 968
-
-
total
5 894
19 083
-
-
Dividends
13 109
43 417
-
-
withholding
2 945
10 523
-
-
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.

163
579
-
-
total
3 108
11 102
-
-
Income
62 500
62 500
62 500
62 500
Total tax
18 748
30 185
15 773
18 908
After tax
43 752
32 315
46 727
43 592
Living cost
33 751
33 751
33 751
33 751
Free-cash
10 001
-1 436
12 976
9 841

Estimated living cost  is ₽33751 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
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.
₽6347
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
₽17323
₽32186
₽31813
₽24643
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.

-
-
-
62 500
microenterprise
-
-
-
9 375
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.

-
-
-
2 752
surtax
-
-
-
-
total
-
-
-
12 127
Employee
25 545
-
50 366
-
income
4 547
-
9 315
-
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.

2 810
-
5 541
-
surtax
-
-
-
-
total
7 357
-
14 856
-
Employer
25 545
-
50 366
-
social contributions

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

6 153
-
12 134
-
surtax
-
-
-
-
total
6 153
-
12 134
-
Corporate
30 802
62 500
-
-
income

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

6 160
12 500
-
-
total
6 160
12 500
-
-
Dividends

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

24 642
50 000
-
-
total
-
-
-
-
Income
62 500
62 500
62 500
62 500
Total tax
19 670
12 500
26 990
12 127
After tax
42 830
50 000
35 510
50 373
Living cost
18 187
18 187
18 187
18 187
Free-cash
24 643
31 813
17 323
32 186

Estimated living cost  is ₽18187 per week

₽11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4439
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
₽21796
₽22603
₽27646
₽25781
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
-
-
-
62 500
income
-
-
-
14 257
health
-
-
-
6 004
pensions
-
-
-
8 282
total
-
-
-
28 543
Employee
17 293
-
53 183
-
income
3 345
-
13 822
-
health
865
-
2 070
-
unemployment
173
-
414
-
pensions
1 556
-
3 727
-
total
5 939
-
20 033
-
Employer
17 293
-
53 183
-
unemployment
346
-
828
-
pensions
1 902
-
4 555
-
health
1 643
-
3 934
-
total
3 891
-
9 317
-
Corporate
41 316
62 500
-
-
income
9 090
13 750
-
-
total
9 090
13 750
-
-
Dividends
32 226
48 750
-
-
withholding
6 445
9 750
-
-
total
6 445
9 750
-
-
Income
62 500
62 500
62 500
62 500
Total tax
25 365
23 500
29 350
28 543
After tax
37 135
39 000
33 150
33 957
Living cost
11 354
11 354
11 354
11 354
Free-cash
25 781
27 646
21 796
22 603

Estimated living cost  is ₽11354 per week

₽6747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3426
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
₽13282
₽14657
₽19676
₽16896
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
-
-
-
62 500
income
-
-
-
10 169
health
-
-
-
4 438
unemployment
-
-
-
199
surtax
-
-
-
901
pensions
-
-
-
12 500
other
-
-
-
-
total
-
-
-
28 207
Employee
29 440
-
51 630
-
other
-
-
-
-
income
4 935
-
9 564
-
health
752
-
1 316
-
unemployment
2 049
-
3 593
-
surtax
105
-
796
-
pensions
1 964
-
3 444
-
total
9 805
-
18 713
-
Employer
29 440
-
51 630
-
unemployment
934
-
1 637
-
pensions
3 925
-
6 883
-
other
-
-
-
-
health
1 339
-
2 349
-
total
6 198
-
10 869
-
Corporate
26 862
62 500
-
-
income
6 984
16 250
-
-
total
6 984
16 250
-
-
Dividends
19 878
46 250
-
-
withholding
2 981
6 938
-
-
total
2 981
6 938
-
-
Income
62 500
62 500
62 500
62 500
Total tax
25 968
23 188
29 582
28 207
After tax
36 532
39 312
32 918
34 293
Living cost
19 636
19 636
19 636
19 636
Free-cash
16 896
19 676
13 282
14 657

Estimated living cost  is ₽19636 per week

₽11855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5619
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
-₽5814
₽5923
₽7659
₽7225
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
-
-
-
62 500
income
-
-
-
6 730
chamber of commerce
-
-
-
251
health
-
-