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
₽ 68000
per

Your estimated
City
free-cash

Valencia , Spain
₽12741
₽12260
₽21751
₽17149
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
-
-
-
68 000
income
-
-
-
11 228
accident
-
-
-
612
unemployment
-
-
-
476
pensions
-
-
-
19 244
other
-
-
-
68
total
-
-
-
31 628
Employee
32 422
-
51 561
-
other
32
-
52
-
income
6 251
-
11 434
-
unemployment
503
-
799
-
pensions
1 524
-
2 423
-
total
8 310
-
14 708
-
Employer
32 422
-
51 561
-
unemployment
1 784
-
2 835
-
pensions
7 651
-
12 169
-
other
260
-
413
-
accident
642
-
1 022
-
total
10 337
-
16 439
-
Corporate
25 241
68 000
-
-
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.

3 786
10 200
-
-
total
3 786
10 200
-
-
Dividends
21 455
57 800
-
-
withholding
4 306
11 937
-
-
total
4 306
11 937
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 739
22 137
31 147
31 628
After tax
41 261
45 863
36 853
36 372
Living cost
24 112
24 112
24 112
24 112
Free-cash
17 149
21 751
12 741
12 260

Estimated living cost  is ₽24112 per week

₽16275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
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.
₽5097
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
₽16497
₽13456
₽26595
₽20674
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
-
-
-
68 000
income
-
-
-
8 638
health
-
-
-
2 992
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.

-
-
-
16 320
other
-
-
-
3 230
total
-
-
-
31 180
Employee
31 838
-
54 314
-
income
5 481
-
9 350
-
health
446
-
760
-
unemployment
318
-
542
-
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.

2 228
-
3 802
-
total
8 473
-
14 454
-
Employer
31 838
-
54 314
-
unemployment
318
-
542
-
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.

5 413
-
9 233
-
other
1 592
-
2 716
-
accident
255
-
434
-
health
446
-
760
-
total
8 024
-
13 685
-
Corporate
28 139
68 000
-
-
income
5 909
14 280
-
-
total
5 909
14 280
-
-
Dividends
22 230
53 720
-
-
withholding
1 556
3 761
-
-
total
1 556
3 761
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 962
18 041
28 139
31 180
After tax
44 038
49 959
39 861
36 820
Living cost
23 364
23 364
23 364
23 364
Free-cash
20 674
26 595
16 497
13 456

Estimated living cost  is ₽23364 per week

₽16508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
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.
₽4902
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
₽39905
₽38166
₽46667
₽42603
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
-
-
-
68 000
income
-
-
-
10 200
health
-
-
-
3 515
unemployment
-
-
-
122
pensions

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

-
-
-
4 524
total
-
-
-
18 361
Employee
15 192
-
62 003
-
income
1 519
-
6 200
-
health
699
-
1 406
-
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.

1 334
-
2 684
-
total
3 719
-
10 626
-
Employer
15 192
-
62 003
-
unemployment
91
-
183
-
pensions

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

1 674
-
3 368
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 049
-
2 109
-
total
2 981
-
5 996
-
Corporate
49 827
68 000
-
-
income
4 982
6 800
-
-
total
4 982
6 800
-
-
Dividends
44 844
61 200
-
-
withholding
2 242
3 060
-
-
total
2 242
3 060
-
-
Income
68 000
68 000
68 000
68 000
Total tax
13 924
9 860
16 622
18 361
After tax
54 076
58 140
51 378
49 639
Living cost
11 473
11 473
11 473
11 473
Free-cash
42 603
46 667
39 905
38 166

Estimated living cost  is ₽11473 per week

₽6698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽3652
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
₽10538
₽9256
₽4273
₽9449
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
-
-
-
68 000
income
-
-
-
3 746
social contributions
-
-
-
1 939
health
-
-
-
587
surtax
-
-
-
-
pensions
-
-
-
20 364
other
-
-
-
2 108
total
-
-
-
28 744
Employee
37 528
-
51 818
-
income
2 215
-
3 942
-
social contributions
1 070
-
1 476
-
surtax
-
-
-
-
pensions
4 243
-
5 862
-
total
7 528
-
11 280
-
Employer
37 528
-
51 818
-
unemployment
1 519
-
2 098
-
social contributions
113
-
155
-
pensions
6 165
-
8 515
-
other
1 295
-
1 787
-
health
2 627
-
3 627
-
total
11 719
-
16 182
-
Corporate
18 753
68 000
-
-
income
5 252
19 039
-
-
surtax
-
-
-
-
total
5 252
19 039
-
-
Dividends
13 501
48 961
-
-
withholding
1 729
6 267
-
-
surtax
-
-
-
-
social contributions
2 323
8 421
-
-
total
4 052
14 688
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 551
33 727
27 462
28 744
After tax
39 449
34 273
40 538
39 256
Living cost
30 000
30 000
30 000
30 000
Free-cash
9 449
4 273
10 538
9 256

Estimated living cost  is ₽30000 per week

₽18916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽8135
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
-₽19073
₽1976
-₽14151
-₽19073
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
-
-
-
68 000
income
-
-
-
9 636
health
-
-
-
9 383
pensions
-
-
-
10 273
total
-
-
-
29 292
Employee
74 879
74 879
74 879
-
income

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

12 257
12 257
12 257
-
health
11 493
9 776
11 493
-
pensions
13 478
10 273
13 478
-
total
37 228
32 306
37 228
-
Employer
74 879
74 879
74 879
-
unemployment
2 696
2 696
2 696
-
pensions
5 212
5 212
5 212
-
health
5 205
5 205
5 205
-
total
13 113
13 113
13 113
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
50 341
45 419
50 341
29 292
After tax
17 659
22 581
17 659
38 708
Living cost
36 732
36 732
36 732
36 732
Free-cash
-19 073
-14 151
-19 073
1 976

Estimated living cost  is ₽36732 per week

₽26031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
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.
₽6806
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
₽23758
₽19468
₽7879
₽17577
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.

-
-
-
68 000
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.

-
-
-
11 084
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.

-
-
-
5 990
trade
-
-
-
4 290
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.

-
-
-
609
total
-
-
-
21 973
Employee

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

33 538
-
68 000
-
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.

937
-
11 084
-
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.

5 990
-
5 990
-
surtax

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

52
-
609
-
total
6 979
-
17 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 462
68 000
-
-
chamber of commerce
183
231
-
-
income
5 170
10 200
-
-
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.

285
561
-
-
trade
5 428
10 709
-
-
total
11 066
21 701
-
-
Dividends
23 397
46 298
-
-
withholding
5 516
11 242
-
-
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.

303
619
-
-
total
5 819
11 861
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 864
33 562
17 683
21 973
After tax
44 136
34 438
50 317
46 027
Living cost
26 559
26 559
26 559
26 559
Free-cash
17 577
7 879
23 758
19 468

Estimated living cost  is ₽26559 per week

₽16706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
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.
₽6260
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
₽28851
₽30262
₽27870
₽24817
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
-
-
-
68 000
income
-
-
-
5 095
social contributions
-
-
-
10 608
health
-
-
-
1 734
total
-
-
-
17 437
Employee
67 426
67 426
67 426
-
income
7 342
6 242
6 411
-
social contributions
2 549
5 596
5 123
-
health
522
1 146
1 050
-
total
10 413
12 984
12 584
-
Employer
67 426
67 426
67 426
-
social contributions
2 549
5 596
5 123
-
health
567
1 248
1 141
-
total
3 116
6 844
6 264
-
Corporate
34 169
-
-
-
income
4 271
-
-
-
total
4 271
-
-
-
Dividends
29 897
-
-
-
withholding
5 082
-
-
-
total
5 082
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
22 882
19 828
18 848
17 437
After tax
45 118
48 172
49 152
50 563
Living cost
20 302
20 302
20 302
20 302
Free-cash
24 817
27 870
28 851
30 262

Estimated living cost  is ₽20302 per week

₽12167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5694
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
₽8311
₽11048
₽11175
₽10293
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.

-
-
-
68 000
income
-
-
-
5 818
social contributions

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

-
-
-
23 630
surtax
-
-
-
-
total
-
-
-
29 448
Employee
40 328
-
54 949
-
income
8 388
-
13 090
-
social contributions
4 436
-
6 044
-
surtax
-
-
-
-
total
12 824
-
19 134
-
Employer
40 328
-
54 949
-
social contributions
9 578
-
13 051
-
total
9 578
-
13 051
-
Corporate
18 094
68 000
-
-
income
3 799
14 280
-
-
surtax
-
-
-
-
total
3 799
14 280
-
-
Dividends
14 295
53 720
-
-
withholding
4 002
15 041
-
-
total
4 002
15 041
-
-
Income
68 000
68 000
68 000
68 000
Total tax
30 203
29 321
32 185
29 448
After tax
37 797
38 679
35 815
38 552
Living cost
27 504
27 504
27 504
27 504
Free-cash
10 293
11 175
8 311
11 048

Estimated living cost  is ₽27504 per week

₽20579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
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
₽48115
₽61035
₽58315
₽57137
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%.

-
-
-
68 000
microenterprise

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

-
-
-
680
total
-
-
-
680
Employee
7 857
-
68 000
-
income
1 571
-
13 600
-
total
1 571
-
13 600
-
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%.

60 143
68 000
-
-
total
-
-
-
-
Dividends
60 143
68 000
-
-
withholding
3 007
3 400
-
-
total
3 007
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
4 578
3 400
13 600
680
After tax
63 422
64 600
54 400
67 320
Living cost
6 285
6 285
6 285
6 285
Free-cash
57 137
58 315
48 115
61 035

Estimated living cost  is ₽6285 per week

₽3895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽10575
₽12526
₽23300
₽15965
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.

-
-
-
68 000
income
-
-
-
12 744
health
-
-
-
6 691
unemployment
-
-
-
102
pensions
-
-
-
12 418
total
-
-
-
31 955
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.

38 775
-
58 840
-
income
6 687
-
11 741
-
health
2 504
-
3 801
-
unemployment
55
-
83
-
pensions
6 010
-
9 120
-
total
15 256
-
24 745
-
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.

38 775
-
58 840
-
unemployment
23
-
35
-
pensions
3 431
-
5 207
-
health
2 583
-
3 919
-
total
6 037
-
9 161
-
Corporate
23 189
68 000
-
-
income
4 406
12 919
-
-
total
4 406
12 919
-
-
Dividends
18 782
55 081
-
-
withholding
2 817
8 262
-
-
total
2 817
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 516
21 181
33 906
31 955
After tax
39 484
46 819
34 094
36 045
Living cost
23 519
23 519
23 519
23 519
Free-cash
15 965
23 300
10 575
12 526

Estimated living cost  is ₽23519 per week

₽16141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1508
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.
₽5416
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
₽17804
₽5501
₽7737
₽12816
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.

-
-
-
68 000
income
-
-
-
24 960
health

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

-
-
-
5 709
total
-
-
-
30 669
Employee
40 225
-
63 966
-
social contributions
4 030
-
4 034
-
income
4 365
-
10 298
-
total
8 395
-
14 332
-
Employer
40 225
-
63 966
-
social contributions
4 030
-
4 034
-
total
4 030
-
4 034
-
Corporate
23 745
68 000
-
-
income
8 312
23 800
-
-
total
8 312
23 800
-
-
Dividends
15 434
44 200
-
-
social contributions
2 617
4 633
-
-
total
2 617
4 633
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 354
28 433
18 366
30 669
After tax
44 646
39 567
49 634
37 331
Living cost
31 830
31 830
31 830
31 830
Free-cash
12 816
7 737
17 804
5 501

Estimated living cost  is ₽31830 per week

₽20966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽7866
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
₽26216
₽25078
₽22893
₽23348
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
-
-
-
68 000
income
-
-
-
10 200
social contributions
-
-
-
9 383
health
-
-
-
4 746
total
-
-
-
24 329
Employee
29 730
-
68 000
-
income
4 959
-
9 062
-
social contributions
4 103
-
9 383
-
health
2 075
-
4 746
-
total
11 137
-
23 191
-
Employer
29 730
-
68 000
-
total
-
-
-
-
Corporate
38 270
68 000
-
-
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%.

1 914
3 400
-
-
total
1 914
3 400
-
-
Dividends
36 356
64 600
-
-
withholding
5 453
9 689
-
-
health
2 538
4 509
-
-
social contributions
5 017
8 916
-
-
total
13 008
23 114
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 059
26 514
23 191
24 329
After tax
41 941
41 486
44 809
43 671
Living cost
18 593
18 593
18 593
18 593
Free-cash
23 348
22 893
26 216
25 078

Estimated living cost  is ₽18593 per week

₽12443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4574
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
₽10746
₽9359
₽23058
₽14582
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
-
-
-
68 000
income
-
-
-
5 845
social contributions
-
-
-
19 856
solidarity contribution
-
-
-
-
health
-
-
-
9 180
total
-
-
-
34 881
Employee
34 941
-
50 746
-
solidarity contribution
-
-
-
-
income
4 193
-
6 090
-
social contributions
2 271
-
3 299
-
health
4 717
-
6 851
-
total
11 181
-
16 240
-
Employer
34 941
-
50 746
-
social contributions
8 735
-
12 687
-
health
3 145
-
4 567
-
total
11 880
-
17 254
-
Corporate
21 179
68 000
-
-
income
4 024
12 920
-
-
total
4 024
12 920
-
-
Dividends
17 155
55 080
-
-
withholding
2 573
8 262
-
-
total
2 573
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 658
21 182
33 494
34 881
After tax
38 342
46 818
34 506
33 119
Living cost
23 760
23 760
23 760
23 760
Free-cash
14 582
23 058
10 746
9 359

Estimated living cost  is ₽23760 per week

₽17669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽4363
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
₽44605
₽57525
₽54805
₽52968
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%.

-
-
-
68 000
microenterprise

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

-
-
-
680
total
-
-
-
680
Employee
12 243
-
68 000
-
income
2 449
-
13 600
-
total
2 449
-
13 600
-
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%.

55 757
68 000
-
-
total
-
-
-
-
Dividends
55 757
68 000
-
-
withholding
2 788
3 400
-
-
total
2 788
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
5 237
3 400
13 600
680
After tax
62 763
64 600
54 400
67 320
Living cost
9 795
9 795
9 795
9 795
Free-cash
52 968
54 805
44 605
57 525

Estimated living cost  is ₽9795 per week

₽6628
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.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
-₽1813
-₽3095
-₽8078
-₽4072
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
-
-
-
68 000
income
-
-
-
3 746
social contributions
-
-
-
1 939
health
-
-
-
587
surtax
-
-
-
-
pensions
-
-
-
20 364
other
-
-
-
2 108
total
-
-
-
28 744
Employee
54 919
-
51 818
-
income
4 792
-
3 942
-
social contributions
1 564
-
1 476
-
surtax
-
-
-
-
pensions
6 212
-
5 862
-
total
12 568
-
11 280
-
Employer
54 919
-
51 818
-
unemployment
2 225
-
2 098
-
social contributions
165
-
155
-
pensions
9 024
-
8 515
-
other
1 895
-
1 787
-
health
3 844
-
3 627
-
total
17 153
-
16 182
-
Corporate
-
68 000
-
-
income
-
19 039
-
-
surtax
-
-
-
-
total
-
19 039
-
-
Dividends
-
48 961
-
-
withholding
-
6 267
-
-
surtax
-
-
-
-
social contributions
-
8 421
-
-
total
-
14 688
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 721
33 727
27 462
28 744
After tax
38 279
34 273
40 538
39 256
Living cost
42 351
42 351
42 351
42 351
Free-cash
-4 072
-8 078
-1 813
-3 095

Estimated living cost  is ₽42351 per week

₽28662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
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.
₽9643
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
₽20206
₽18500
₽34007
₽29706
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.

-
-
-
68 000
income
-
-
-
9 949
health
-
-
-
6 656
unemployment
-
-
-
969
pensions
-
-
-
16 803
total
-
-
-
34 377
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.

22 804
-
57 676
-
income
3 143
-
10 869
-
health
1 174
-
2 970
-
unemployment
171
-
433
-
pensions
3 193
-
8 075
-
total
7 681
-
22 347
-
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.

22 804
-
57 676
-
unemployment
171
-
433
-
pensions
2 736
-
6 921
-
health
1 174
-
2 970
-
total
4 081
-
10 324
-
Corporate
41 114
68 000
-
-
income
6 167
10 200
-
-
total
6 167
10 200
-
-
Dividends
34 947
57 800
-
-
withholding
5 242
8 670
-
-
total
5 242
8 670
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 171
18 870
32 671
34 377
After tax
44 829
49 130
35 329
33 623
Living cost
15 123
15 123
15 123
15 123
Free-cash
29 706
34 007
20 206
18 500

Estimated living cost  is ₽15123 per week

₽10182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽3333
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
-₽7592
-₽4119
-₽30113
-₽10453
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
-
-
-
68 000
regional
-
-
-
2 077
national
-
-
-
300
health
-
-
-
200
city
-
-
-
717
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.

-
-
-
1 360
pensions
-
-
-
6 257
total
-
-
-
10 911
Employee
71 629
-
60 864
-
regional
2 345
-
1 762
-
city
769
-
654
-
health
162
-
137
-
unemployment
-
-
-
-
national
339
-
253
-
pensions
6 018
-
5 112
-
total
9 633
-
7 918
-
Employer
71 629
-
60 864
-
unemployment
-
-
-
-
pensions
6 018
-
5 112
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 432
-
1 217
-
health
162
-
137
-
total
7 612
-
6 466
-
Corporate
-
68 000
-
-
regional
-
14 383
-
-
national
-
5 780
-
-
total
-
20 163
-
-
Dividends
-
47 837
-
-
withholding
-
16 742
-
-
total
-
16 742
-
-
Income
68 000
68 000
68 000
68 000
Total tax
17 245
36 905
14 384
10 911
After tax
50 755
31 095
53 616
57 089
Living cost
61 208
61 208
61 208
61 208
Free-cash
-10 453
-30 113
-7 592
-4 119

Estimated living cost  is ₽61208 per week

₽39803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽15161
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
₽6684
₽16623
₽12699
₽9110
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

-
-
-
68 000
municipal
-
-
-
12 117
national
-
-
-
4 914
health
-
-
-
681
total
-
-
-
17 712
Employee
46 133
-
57 206
-
health
344
-
514
-
unemployment
692
-
859
-
national
762
-
2 266
-
municipal
7 556
-
9 355
-
pensions
3 113
-
3 862
-
total
12 467
-
16 856
-
Employer
46 133
-
57 206
-
unemployment
300
-
371
-
pensions
8 004
-
9 926
-
accident
47
-
57
-
health
354
-
441
-
total
8 705
-
10 795
-
Corporate
13 163
68 000
-
-
income
2 632
13 600
-
-
total
2 632
13 600
-
-
Dividends

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

7 898
40 800
-
-
national
-
691
-
-
municipal
1 421
7 345
-
-
total
1 421
8 036
-
-
Income
68 000
68 000
68 000
68 000
Total tax
25 225
21 636
27 651
17 712
After tax
42 775
46 364
40 349
50 288
Living cost
33 665
33 665
33 665
33 665
Free-cash
9 110
12 699
6 684
16 623

Estimated living cost  is ₽33665 per week

₽21990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7902
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
-₽4286
₽1924
₽6239
-₽12979
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
-
-
-
68 000
national
-
-
-
21 052
social contributions
-
-
-
9 545
communal

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

-
-
-
3 508
total
-
-
-
34 105
Employee

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

62 722
-
52 666
-
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.

2 947
-
2 476
-
communal

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

3 271
-
2 747
-
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.

546
-
458
-
national
19 283
-
15 349
-
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.

4 704
-
3 950
-
total
30 751
-
24 980
-
Employer

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

62 722
-
52 666
-
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.

915
-
769
-
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.

5 558
-
4 666
-
surtax
7 112
-
5 974
-
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.

815
-
686
-
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.

3 857
-
3 240
-
total
18 257
-
15 335
-
Corporate
-
68 000
-
-
income
-
13 600
-
-
surtax
-
271
-
-
total
-
13 871
-
-
Dividends
-
54 129
-
-
withholding

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

-
15 919
-
-
total
-
15 919
-
-
Income
68 000
68 000
68 000
68 000
Total tax
49 008
29 790
40 315
34 105
After tax
18 992
38 210
27 685
33 895
Living cost
31 971
31 971
31 971
31 971
Free-cash
-12 979
6 239
-4 286
1 924

Estimated living cost  is ₽31971 per week

₽20594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
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.
₽8082
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
₽466
-₽1951
₽1280
₽476
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
-
-
-
68 000
municipal
-
-
-
14 403
national
-
-
-
-
health
-
-
-
4 243
accident
-
-
-
136
unemployment
-
-
-
68
pensions
-
-
-
7 351
other
-
-
-
7 902
total
-
-
-
34 103
Employee
51 080
-
51 742
-
national
-
-
-
-
municipal
15 232
-
15 429
-
total
15 232
-
15 429
-
Employer
51 080
-
51 742
-
unemployment
1 348
-
1 366
-
pensions
5 522
-
5 593
-
other
5 936
-
6 012
-
accident
102
-
104
-
health
3 141
-
3 182
-
total
16 049
-
16 257
-
Corporate
870
68 000
-
-
income
191
14 960
-
-
total
191
14 960
-
-
Dividends
679
53 040
-
-
withholding
204
15 912
-
-
total
204
15 912
-
-
Income
68 000
68 000
68 000
68 000
Total tax
31 676
30 872
31 686
34 103
After tax
36 324
37 128
36 314
33 897
Living cost
35 848
35 848
35 848
35 848
Free-cash
476
1 280
466
-1 951

Estimated living cost  is ₽35848 per week

₽23759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8027
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
₽17350
₽8177
₽2555
-₽66133
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
-
-
-
68 000
income
-
-
-
13 255
social contributions
-
-
-
7 752
total
-
-
-
21 007
Employee
55 657
-
-
-
income
12 277
-
-
-
social contributions
4 564
-
650
-
total
16 841
-
650
-
Employer
55 657
-
-
-
social contributions
78 476
-
11 184
-
total
78 476
-
11 184
-
Corporate
-
68 000
-
-
income
-
14 960
-
-
total
-
14 960
-
-
Dividends
-
53 040
-
-
income
-
11 669
-
-
total
-
11 669
-
-
Income
68 000
68 000
68 000
68 000
Total tax
95 317
26 629
11 834
21 007
After tax
-27 317
41 371
56 166
46 993
Living cost
38 816
38 816
38 816
38 816
Free-cash
-66 133
2 555
17 350
8 177

Estimated living cost  is ₽38816 per week

₽25185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9485
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
₽20711
₽22122
₽19731
₽17814
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
-
-
-
68 000
income
-
-
-
5 095
social contributions
-
-
-
10 608
health
-
-
-
1 734
total
-
-
-
17 437
Employee
67 426
67 426
67 426
-
income
7 080
6 242
6 411
-
social contributions
3 276
5 596
5 123
-
health
671
1 146
1 050
-
total
11 027
12 984
12 584
-
Employer
67 426
67 426
67 426
-
social contributions
3 276
5 596
5 123
-
health
730
1 248
1 141
-
total
4 006
6 844
6 264
-
Corporate
24 525
-
-
-
income
3 065
-
-
-
total
3 065
-
-
-
Dividends
21 460
-
-
-
withholding
3 647
-
-
-
total
3 647
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 745
19 828
18 848
17 437
After tax
46 255
48 172
49 152
50 563
Living cost
28 441
28 441
28 441
28 441
Free-cash
17 814
19 731
20 711
22 122

Estimated living cost  is ₽28441 per week

₽19442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6300
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
₽11427
₽18922
₽19227
₽14407
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
-
-
-
68 000
income
-
-
-
12 660
pensions
-
-
-
4 695
total
-
-
-
17 355
Employee
43 544
-
60 164
-
income
7 930
-
10 787
-
health
568
-
908
-
pensions
3 324
-
5 319
-
total
11 822
-
17 014
-
Employer
43 544
-
60 164
-
pensions
4 399
-
6 692
-
health
828
-
1 144
-
total
5 227
-
7 836
-
Corporate
19 229
68 000
-
-
income

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

3 653
12 920
-
-
total
3 653
12 920
-
-
Dividends
15 576
55 080
-
-
withholding
1 168
4 130
-
-
total
1 168
4 130
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 870
17 050
24 850
17 355
After tax
46 130
50 950
43 150
50 645
Living cost
31 723
31 723
31 723
31 723
Free-cash
14 407
19 227
11 427
18 922

Estimated living cost  is ₽31723 per week

₽21762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2917
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.
₽6645
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
-₽2419
₽876
₽885
-₽5891
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
-
-
-
68 000
municipal
-
-
-
454
regional
-
-
-
1 177
national
-
-
-
13 071
social contributions
-
-
-
17 490
total
-
-
-
32 192
Employee
73 889
-
68 000
-
regional
1 116
-
981
-
social contributions
24 915
-
22 930
-
national
12 487
-
11 170
-
municipal
441
-
406
-
total
38 959
-
35 487
-
Employer
73 889
-
68 000
-
total
-
-
-
-
Corporate
-
68 000
-
-
nationa
-
16 320
-
-
municipal
-
3 278
-
-
total
-
19 598
-
-
Dividends
-
48 402
-
-
withholding
-
12 585
-
-
total
-
12 585
-
-
Income
68 000
68 000
68 000
68 000
Total tax
38 959
32 183
35 487
32 192
After tax
29 041
35 817
32 513
35 808
Living cost
34 932
34 932
34 932
34 932
Free-cash
-5 891
885
-2 419
876

Estimated living cost  is ₽34932 per week

₽24537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7463
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
₽16196
₽28711
-₽12543
₽2740
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
-
-
-
68 000
income
-
-
-
15 524
health
-
-
-
1 789
accident
-
-
-
207
pensions
-
-
-
3 414
other
-
-
-
304
total
-
-
-
21 238
Employee
28 396
-
56 627
-
income
3 896
-
9 636
-
health
3 251
-
6 484
-
pensions
3 197
-
6 260
-
total
10 344
-
22 380
-
Employer
28 396
-
56 627
-
unemployment
696
-
1 387
-
pensions
4 617
-
9 040
-
accident
474
-
946
-
total
5 787
-
11 373
-
Corporate
33 817
68 000
-
-
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.

30 435
61 200
-
-
total
30 435
61 200
-
-
Dividends
3 382
6 800
-
-
withholding
643
1 292
-
-
total
643
1 292
-
-
Income
68 000
68 000
68 000
68 000
Total tax
47 209
62 492
33 753
21 238
After tax
20 791
5 508
34 247
46 762
Living cost
18 051
18 051
18 051
18 051
Free-cash
2 740
-12 543
16 196
28 711

Estimated living cost  is ₽18051 per week

₽13230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3445
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
₽16464
₽12557
₽1286
₽12756
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.

-
-
-
68 000
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.

-
-
-
11 084
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.

-
-
-
5 990
trade
-
-
-
3 907
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.

-
-
-
609
total
-
-
-
21 590
Employee

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

43 629
-
68 000
-
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.

3 588
-
11 084
-
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.

5 990
-
5 990
-
surtax

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

198
-
609
-
total
9 776
-
17 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 371
68 000
-
-
chamber of commerce
168
233
-
-
income
3 656
10 200
-
-
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.

201
561
-
-
trade
3 498
9 758
-
-
total
7 523
20 752
-
-
Dividends
16 848
47 248
-
-
withholding
3 879
11 478
-
-
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.

213
631
-
-
total
4 092
12 109
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 391
32 861
17 683
21 590
After tax
46 609
35 139
50 317
46 410
Living cost
33 853
33 853
33 853
33 853
Free-cash
12 756
1 286
16 464
12 557

Estimated living cost  is ₽33853 per week

₽23352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6366
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
₽20311
₽18284
₽36158
₽28964
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.

-
-
-
68 000
microenterprise
-
-
-
-
income
-
-
-
9 613
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.

-
-
-
21 861
surtax
-
-
-
-
total
-
-
-
31 474
Employee
25 622
-
54 800
-
income
4 561
-
10 218
-
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.

2 819
-
6 029
-
surtax
-
-
-
-
total
7 380
-
16 247
-
Employer
25 622
-
54 800
-
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.

6 172
-
13 200
-
surtax
-
-
-
-
total
6 172
-
13 200
-
Corporate
36 206
68 000
-
-
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%.

7 242
13 600
-
-
total
7 242
13 600
-
-
Dividends

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

28 965
54 400
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
20 794
13 600
29 447
31 474
After tax
47 206
54 400
38 553
36 526
Living cost
18 242
18 242
18 242
18 242
Free-cash
28 964
36 158
20 311
18 284

Estimated living cost  is ₽18242 per week

₽11638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4453
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
₽25392
₽26198
₽31091
₽29226
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
-
-
-
68 000
income
-
-
-
16 190
health
-
-
-
5 998
pensions
-
-
-
8 273
total
-
-
-
30 461
Employee
17 274
-
58 694
-
income
3 342
-
15 756
-
health
864
-
2 068
-
unemployment
173
-
414
-
pensions
1 555
-
3 723
-
total
5 934
-
21 961
-
Employer
17 274
-
58 694
-
unemployment
346
-
827
-
pensions
1 900
-
4 550
-
health
1 641
-
3 929
-
total
3 887
-
9 306
-
Corporate
46 839
68 000
-
-
income
10 305
14 960
-
-
total
10 305
14 960
-
-
Dividends
36 535
53 040
-
-
withholding
7 307
10 608
-
-
total
7 307
10 608
-
-
Income
68 000
68 000
68 000
68 000
Total tax
27 433
25 568
31 267
30 461
After tax
40 567
42 432
36 733
37 539
Living cost
11 341
11 341
11 341
11 341
Free-cash
29 226
31 091
25 392
26 198

Estimated living cost  is ₽11341 per week

₽6740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
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.
₽3422
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
₽15748
₽17255
₽23077
₽20287
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
-
-
-
68 000
income
-
-
-
11 323
health
-
-
-
4 829
unemployment
-
-
-
200
surtax
-
-
-
1 098
pensions
-
-
-
13 600
other
-
-
-
-
total
-
-
-
31 050
Employee
29 529
-
56 176
-
other
-
-
-
-
income
4 950
-
10 660
-
health
754
-
1 433
-
unemployment
2 055
-
3 910
-
surtax
105
-
983
-
pensions
1 970
-
3 747
-
total
9 834
-
20 733
-
Employer
29 529
-
56 176
-
unemployment
937
-
1 780
-
pensions
3 937
-
7 488
-
other
-
-
-
-
health
1 343
-
2 556
-
total
6 217
-
11 824
-
Corporate
32 254
68 000
-
-
income
8 386
17 680
-
-
total
8 386
17 680
-
-
Dividends
23 868
50 320
-
-
withholding
3 581
7 548
-
-
total
3 581
7 548
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 018
25 228
32 557
31 050
After tax
39 982
42 772
35 443
36 950
Living cost
19 695
19 695
19 695
19 695
Free-cash
20 287
23 077
15 748
17 255

Estimated living cost  is ₽19695 per week

₽11891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
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.
₽5636
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
-₽4662
₽8470
₽10570
₽10134
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
-
-
-
68 000
income
-
-
-
8 124
chamber of commerce
-
-
-
271
health
-
-