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
₽19347
₽14365
₽13882
₽23592
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
unemployment
-
-
-
476
income
-
-
-
11 463
other
-
-
-
68
accident
-
-
-
613
pensions
-
-
-
19 244
total
-
-
-
31 864
Employee
29 923
-
51 562
-
unemployment
464
-
799
-
pensions
1 407
-
2 423
-
income
5 769
-
11 669
-
other
29
-
52
-
total
7 669
-
14 943
-
Employer
29 923
-
51 562
-
pensions
7 061
-
12 169
-
accident
593
-
1 021
-
unemployment
1 646
-
2 836
-
other
240
-
412
-
total
9 540
-
16 438
-
Corporate
28 537
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.

4 280
10 200
-
-
total
4 280
10 200
-
-
Dividends
24 257
57 800
-
-
withholding
4 910
11 954
-
-
total
4 910
11 954
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 399
22 154
31 381
31 864
After tax
41 601
45 846
36 619
36 136
Living cost
22 254
22 254
22 254
22 254
Free-cash
19 347
23 592
14 365
13 882

Estimated living cost  is ₽22254 per week

₽15021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4704
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
₽22931
₽18295
₽15258
₽28395
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
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
income
-
-
-
8 637
other
-
-
-
3 230
health
-
-
-
2 992
total
-
-
-
31 179
Employee
29 383
-
54 314
-
health
412
-
760
-
unemployment
293
-
544
-
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.

2 056
-
3 802
-
income
5 059
-
9 349
-
total
7 820
-
14 455
-
Employer
29 383
-
54 314
-
health
412
-
760
-
pensions

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

4 996
-
9 233
-
accident
235
-
435
-
unemployment
293
-
544
-
other
1 470
-
2 715
-
total
7 406
-
13 687
-
Corporate
31 212
68 000
-
-
income
6 554
14 281
-
-
total
6 554
14 281
-
-
Dividends
24 657
53 719
-
-
withholding
1 726
3 761
-
-
total
1 726
3 761
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 506
18 042
28 142
31 179
After tax
44 494
49 958
39 858
36 821
Living cost
21 563
21 563
21 563
21 563
Free-cash
22 931
28 395
18 295
15 258

Estimated living cost  is ₽21563 per week

₽15236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4524
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
₽43755
₽41483
₽39623
₽47518
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
pensions

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

-
-
-
4 188
unemployment
-
-
-
113
income
-
-
-
10 200
health
-
-
-
3 254
total
-
-
-
17 755
Employee
14 065
-
62 448
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 406
-
6 245
-
total
3 443
-
10 343
-
Employer
14 065
-
62 448
-
health
971
-
1 953
-
pensions

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

1 550
-
3 118
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 760
-
5 552
-
Corporate
51 175
68 000
-
-
income
5 117
6 800
-
-
total
5 117
6 800
-
-
Dividends
46 057
61 200
-
-
withholding
2 303
3 060
-
-
total
2 303
3 060
-
-
Income
68 000
68 000
68 000
68 000
Total tax
13 623
9 860
15 895
17 755
After tax
54 377
58 140
52 105
50 245
Living cost
10 622
10 622
10 622
10 622
Free-cash
43 755
47 518
41 483
39 623

Estimated living cost  is ₽10622 per week

₽6201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3381
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
₽11366
₽12077
₽11812
₽6586
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
-
-
-
4 637
other
-
-
-
2 109
health
-
-
-
587
social contributions
-
-
-
1 938
pensions
-
-
-
19 230
surtax
-
-
-
-
total
-
-
-
28 501
Employee
34 635
-
51 817
-
pensions
3 916
-
5 860
-
income
2 044
-
4 716
-
social contributions
987
-
1 477
-
surtax
-
-
-
-
total
6 947
-
12 053
-
Employer
34 635
-
51 817
-
health
2 425
-
3 627
-
social contributions
104
-
155
-
pensions
5 690
-
8 514
-
unemployment
1 402
-
2 099
-
other
1 195
-
1 788
-
total
10 816
-
16 183
-
Corporate
22 549
68 000
-
-
income
6 313
19 040
-
-
surtax
-
-
-
-
total
6 313
19 040
-
-
Dividends
16 236
48 960
-
-
social contributions
2 793
8 420
-
-
surtax
-
-
-
-
withholding
2 078
6 267
-
-
total
4 871
14 687
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 947
33 727
28 236
28 501
After tax
39 053
34 273
39 764
39 499
Living cost
27 687
27 687
27 687
27 687
Free-cash
11 366
6 586
12 077
11 812

Estimated living cost  is ₽27687 per week

₽17458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽7508
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
-₽12361
-₽12361
₽4770
-₽7818
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
pensions
-
-
-
9 481
income
-
-
-
10 889
health
-
-
-
8 959
total
-
-
-
29 329
Employee
69 107
69 107
69 107
-
health
10 607
9 022
10 607
-
pensions
12 439
9 481
12 439
-
income

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

11 312
11 312
11 312
-
total
34 358
29 815
34 358
-
Employer
69 107
69 107
69 107
-
health
4 804
4 804
4 804
-
pensions
4 810
4 810
4 810
-
unemployment
2 488
2 488
2 488
-
total
12 102
12 102
12 102
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
46 460
41 917
46 460
29 329
After tax
21 540
26 083
21 540
38 671
Living cost
33 901
33 901
33 901
33 901
Free-cash
-12 361
-7 818
-12 361
4 770

Estimated living cost  is ₽33901 per week

₽24025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
Dresden , Germany
₽18854
₽25251
₽20467
₽9907
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
trade
-
-
-
4 784
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.

-
-
-
12 046
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.

-
-
-
5 529
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.

-
-
-
662
total
-
-
-
23 021
Employee

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

30 952
-
68 000
-
health

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

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

5 529
-
5 529
-
income

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

865
-
12 046
-
surtax

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

48
-
662
-
total
6 442
-
18 237
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 048
68 000
-
-
income
5 558
10 200
-
-
trade
5 836
10 710
-
-
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.

306
561
-
-
chamber of commerce
177
221
-
-
total
11 877
21 692
-
-
Dividends
25 172
46 308
-
-
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.

329
620
-
-
withholding
5 986
11 269
-
-
total
6 315
11 889
-
-
Income
68 000
68 000
68 000
68 000
Total tax
24 634
33 581
18 237
23 021
After tax
43 366
34 419
49 763
44 979
Living cost
24 512
24 512
24 512
24 512
Free-cash
18 854
9 907
25 251
20 467

Estimated living cost  is ₽24512 per week

₽15419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2858
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.
₽5777
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
₽26710
₽31052
₽31239
₽30964
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
-
-
-
5 682
health
-
-
-
1 734
social contributions
-
-
-
10 609
total
-
-
-
18 025
Employee
62 228
62 228
62 228
-
health
482
1 058
1 049
-
income
6 776
5 760
5 774
-
social contributions
2 353
5 165
5 123
-
total
9 611
11 983
11 946
-
Employer
62 228
62 228
62 228
-
health
524
1 152
1 143
-
social contributions
2 353
5 165
5 123
-
total
2 877
6 317
6 266
-
Corporate
36 777
-
-
-
income
4 596
-
-
-
total
4 596
-
-
-
Dividends
32 180
-
-
-
withholding
5 470
-
-
-
total
5 470
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
22 554
18 300
18 212
18 025
After tax
45 446
49 700
49 788
49 975
Living cost
18 736
18 736
18 736
18 736
Free-cash
26 710
30 964
31 052
31 239

Estimated living cost  is ₽18736 per week

₽11229
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
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
₽12480
₽10045
₽13015
₽13294
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
-
-
-
5 971
social contributions

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

-
-
-
23 630
surtax
-
-
-
-
total
-
-
-
29 601
Employee
37 219
-
54 950
-
income
7 742
-
13 476
-
social contributions
4 094
-
6 045
-
surtax
-
-
-
-
total
11 836
-
19 521
-
Employer
37 219
-
54 950
-
social contributions
8 840
-
13 050
-
total
8 840
-
13 050
-
Corporate
21 941
68 000
-
-
income
4 607
14 281
-
-
surtax
-
-
-
-
total
4 607
14 281
-
-
Dividends
17 334
53 719
-
-
withholding
4 853
15 041
-
-
total
4 853
15 041
-
-
Income
68 000
68 000
68 000
68 000
Total tax
30 136
29 322
32 571
29 601
After tax
37 864
38 678
35 429
38 399
Living cost
25 384
25 384
25 384
25 384
Free-cash
12 480
13 294
10 045
13 015

Estimated living cost  is ₽25384 per week

₽18992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4470
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
₽57419
₽48353
₽61273
₽58553
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
7 559
-
68 000
-
income
1 512
-
13 600
-
total
1 512
-
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%.

60 441
68 000
-
-
total
-
-
-
-
Dividends
60 441
68 000
-
-
withholding
3 022
3 400
-
-
total
3 022
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
4 534
3 400
13 600
680
After tax
63 466
64 600
54 400
67 320
Living cost
6 047
6 047
6 047
6 047
Free-cash
57 419
58 553
48 353
61 273

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽18344
₽12092
₽14043
₽25112
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
pensions
-
-
-
12 418
unemployment
-
-
-
101
income
-
-
-
13 041
health
-
-
-
6 691
total
-
-
-
32 251
Employee

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

35 785
-
58 839
-
health
2 311
-
3 801
-
unemployment
51
-
83
-
pensions
5 547
-
9 121
-
income
6 171
-
12 036
-
total
14 080
-
25 041
-
Employer

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

35 785
-
58 839
-
health
2 383
-
3 918
-
pensions
3 167
-
5 208
-
unemployment
21
-
35
-
total
5 571
-
9 161
-
Corporate
26 643
68 000
-
-
income
5 062
12 920
-
-
total
5 062
12 920
-
-
Dividends
21 581
55 080
-
-
withholding
3 237
8 262
-
-
total
3 237
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
27 950
21 182
34 202
32 251
After tax
40 050
46 818
33 798
35 749
Living cost
21 706
21 706
21 706
21 706
Free-cash
18 344
25 112
12 092
14 043

Estimated living cost  is ₽21706 per week

₽14896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4999
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
₽15005
₽20362
₽10463
₽10549
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
-
-
-
23 036
health

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

-
-
-
5 125
total
-
-
-
28 161
Employee
37 124
-
64 277
-
social contributions
3 719
-
3 723
-
income
4 028
-
10 816
-
total
7 747
-
14 539
-
Employer
37 124
-
64 277
-
social contributions
3 719
-
3 723
-
total
3 719
-
3 723
-
Corporate
27 157
68 000
-
-
income
9 505
23 800
-
-
total
9 505
23 800
-
-
Dividends
17 652
44 200
-
-
social contributions
2 648
4 275
-
-
total
2 648
4 275
-
-
Income
68 000
68 000
68 000
68 000
Total tax
23 619
28 075
18 262
28 161
After tax
44 381
39 925
49 738
39 839
Living cost
29 376
29 376
29 376
29 376
Free-cash
15 005
10 549
20 362
10 463

Estimated living cost  is ₽29376 per week

₽19350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
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
₽24746
₽27296
₽26508
₽24326
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
-
-
-
4 747
social contributions
-
-
-
9 385
total
-
-
-
24 332
Employee
27 438
-
68 000
-
health
1 915
-
4 747
-
income
4 576
-
9 412
-
social contributions
3 787
-
9 385
-
total
10 278
-
23 544
-
Employer
27 438
-
68 000
-
total
-
-
-
-
Corporate
40 562
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%.

2 029
3 400
-
-
total
2 029
3 400
-
-
Dividends
38 533
64 600
-
-
social contributions
5 318
8 915
-
-
withholding
5 780
9 690
-
-
health
2 689
4 509
-
-
total
13 787
23 114
-
-
Income
68 000
68 000
68 000
68 000
Total tax
26 094
26 514
23 544
24 332
After tax
41 906
41 486
44 456
43 668
Living cost
17 160
17 160
17 160
17 160
Free-cash
24 746
24 326
27 296
26 508

Estimated living cost  is ₽17160 per week

₽11484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4222
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
₽16147
₽11901
₽10513
₽24212
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
health
-
-
-
9 180
social contributions
-
-
-
19 856
solidarity contribution
-
-
-
-
total
-
-
-
34 881
Employee
33 244
-
50 746
-
health
4 488
-
6 851
-
solidarity contribution
-
-
-
-
income
3 989
-
6 090
-
social contributions
2 161
-
3 298
-
total
10 638
-
16 239
-
Employer
33 244
-
50 746
-
health
2 992
-
4 567
-
social contributions
8 311
-
12 687
-
total
11 303
-
17 254
-
Corporate
23 453
68 000
-
-
income
4 456
12 920
-
-
total
4 456
12 920
-
-
Dividends
18 997
55 080
-
-
withholding
2 850
8 262
-
-
total
2 850
8 262
-
-
Income
68 000
68 000
68 000
68 000
Total tax
29 247
21 182
33 493
34 881
After tax
38 753
46 818
34 507
33 119
Living cost
22 606
22 606
22 606
22 606
Free-cash
16 147
24 212
11 901
10 513

Estimated living cost  is ₽22606 per week

₽16811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4151
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
₽53409
₽44976
₽57896
₽55176
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
11 780
-
68 000
-
income
2 356
-
13 600
-
total
2 356
-
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%.

56 220
68 000
-
-
total
-
-
-
-
Dividends
56 220
68 000
-
-
withholding
2 811
3 400
-
-
total
2 811
3 400
-
-
Income
68 000
68 000
68 000
68 000
Total tax
5 167
3 400
13 600
680
After tax
62 833
64 600
54 400
67 320
Living cost
9 424
9 424
9 424
9 424
Free-cash
53 409
55 176
44 976
57 896

Estimated living cost  is ₽9424 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽750
₽678
₽413
-₽4813
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
-
-
-
4 637
other
-
-
-
2 109
health
-
-
-
587
social contributions
-
-
-
1 938
pensions
-
-
-
19 230
surtax
-
-
-
-
total
-
-
-
28 501
Employee
50 685
-
51 817
-
pensions
5 733
-
5 860
-
income
4 422
-
4 716
-
social contributions
1 444
-
1 477
-
surtax
-
-
-
-
total
11 599
-
12 053
-
Employer
50 685
-
51 817
-
health
3 547
-
3 627
-
social contributions
152
-
155
-
pensions
8 328
-
8 514
-
unemployment
2 053
-
2 099
-
other
1 749
-
1 788
-
total
15 829
-
16 183
-
Corporate
1 485
68 000
-
-
income
416
19 040
-
-
surtax
-
-
-
-
total
416
19 040
-
-
Dividends
1 069
48 960
-
-
social contributions
183
8 420
-
-
surtax
-
-
-
-
withholding
137
6 267
-
-
total
320
14 687
-
-
Income
68 000
68 000
68 000
68 000
Total tax
28 164
33 727
28 236
28 501
After tax
39 836
34 273
39 764
39 499
Living cost
39 086
39 086
39 086
39 086
Free-cash
750
-4 813
678
413

Estimated living cost  is ₽39086 per week

₽26453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3197
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.
₽8899
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
₽31219
₽20972
₽20502
₽35186
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
pensions
-
-
-
15 493
unemployment
-
-
-
894
income
-
-
-
11 029
health
-
-
-
6 138
total
-
-
-
33 554
Employee

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

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

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

21 027
-
57 676
-
health
1 083
-
2 970
-
unemployment
158
-
433
-
pensions
2 944
-
8 075
-
income
2 898
-
11 282
-
total
7 083
-
22 760
-
Employer

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

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

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

21 027
-
57 676
-
health
1 083
-
2 970
-
pensions
2 523
-
6 921
-
unemployment
158
-
433
-
total
3 764
-
10 324
-
Corporate
43 209
68 000
-
-
income
6 481
10 200
-
-
total
6 481
10 200
-
-
Dividends
36 728
57 800
-
-
withholding
5 509
8 670
-
-
total
5 509
8 670
-
-
Income
68 000
68 000
68 000
68 000
Total tax
22 837
18 870
33 084
33 554
After tax
45 163
49 130
34 916
34 446
Living cost
13 944
13 944
13 944
13 944
Free-cash
31 219
35 186
20 972
20 502

Estimated living cost  is ₽13944 per week

₽9389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽3073
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
-₽4196
-₽2851
₽633
-₽25233
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
pensions
-
-
-
6 256
city
-
-
-
716
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
health
-
-
-
184
regional
-
-
-
2 200
national
-
-
-
324
total
-
-
-
11 040
Employee
65 917
-
60 862
-
health
149
-
137
-
unemployment
-
-
-
-
city
707
-
654
-
pensions
5 538
-
5 111
-
regional
2 158
-
1 885
-
national
312
-
272
-
total
8 864
-
8 059
-
Employer
65 917
-
60 862
-
health
149
-
137
-
pensions
5 538
-
5 111
-
unemployment
-
-
-
-
other

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

1 318
-
1 217
-
total
7 005
-
6 465
-
Corporate
-
68 000
-
-
regional
-
14 382
-
-
national
-
5 780
-
-
total
-
20 162
-
-
Dividends
-
47 839
-
-
withholding
-
16 744
-
-
total
-
16 744
-
-
Income
68 000
68 000
68 000
68 000
Total tax
15 869
36 906
14 524
11 040
After tax
52 131
31 094
53 476
56 960
Living cost
56 327
56 327
56 327
56 327
Free-cash
-4 196
-25 233
-2 851
633

Estimated living cost  is ₽56327 per week

₽36629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13952
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
₽12035
₽8746
₽18666
₽15132
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
-
-
-
12 112
health
-
-
-
709
national
-
-
-
5 444
total
-
-
-
18 265
Employee
42 576
-
57 205
-
health
318
-
544
-
unemployment
639
-
858
-
pensions
2 873
-
3 861
-
national
703
-
2 778
-
municipal
6 974
-
9 349
-
total
11 507
-
17 390
-
Employer
42 576
-
57 205
-
health
327
-
441
-
pensions
7 387
-
9 925
-
accident
43
-
57
-
unemployment
276
-
372
-
total
8 033
-
10 795
-
Corporate
17 390
68 000
-
-
income
3 478
13 600
-
-
total
3 478
13 600
-
-
Dividends

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

10 434
40 800
-
-
municipal
1 878
7 344
-
-
national
-
855
-
-
total
1 878
8 199
-
-
Income
68 000
68 000
68 000
68 000
Total tax
24 896
21 799
28 185
18 265
After tax
43 104
46 201
39 815
49 735
Living cost
31 069
31 069
31 069
31 069
Free-cash
12 035
15 132
8 746
18 666

Estimated living cost  is ₽31069 per week

₽20294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2988
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.
₽7293
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
-₽6737
-₽2218
₽3806
₽8678
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
68 000
communal

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

-
-
-
3 486
social contributions
-
-
-
9 910
national
-
-
-
21 292
total
-
-
-
34 688
Employee

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

57 886
-
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.

2 720
-
2 474
-
communal

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

3 019
-
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.

504
-
458
-
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.

4 341
-
3 950
-
national
17 797
-
15 754
-
total
28 381
-
25 383
-
Employer

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

57 886
-
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.

3 560
-
3 239
-
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.

5 129
-
4 665
-
surtax
6 564
-
5 971
-
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.

752
-
685
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

845
-
769
-
total
16 850
-
15 329
-
Corporate
-
68 000
-
-
income
-
13 600
-
-
surtax
-
272
-
-
total
-
13 872
-
-
Dividends
-
54 128
-
-
withholding

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

-
15 944
-
-
total
-
15 944
-
-
Income
68 000
68 000
68 000
68 000
Total tax
45 231
29 816
40 712
34 688
After tax
22 769
38 184
27 288
33 312
Living cost
29 506
29 506
29 506
29 506
Free-cash
-6 737
8 678
-2 218
3 806

Estimated living cost  is ₽29506 per week

₽19006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7459
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
₽1450
₽1418
-₽998
₽2233
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
unemployment
-
-
-
68
municipal
-
-
-
14 403
other
-
-
-
7 902
health
-
-
-
4 243
national
-
-
-
-
accident
-
-
-
136
pensions
-
-
-
7 351
total
-
-
-
34 103
Employee
49 722
-
51 742
-
national
-
-
-
-
municipal
14 827
-
15 430
-
total
14 827
-
15 430
-
Employer
49 722
-
51 742
-
health
3 058
-
3 182
-
pensions
5 375
-
5 593
-
accident
99
-
103
-
unemployment
1 313
-
1 366
-
other
5 778
-
6 013
-
total
15 623
-
16 257
-
Corporate
2 655
68 000
-
-
income
584
14 960
-
-
total
584
14 960
-
-
Dividends
2 071
53 040
-
-
withholding
621
15 912
-
-
total
621
15 912
-
-
Income
68 000
68 000
68 000
68 000
Total tax
31 655
30 872
31 687
34 103
After tax
36 345
37 128
36 313
33 897
Living cost
34 895
34 895
34 895
34 895
Free-cash
1 450
2 233
1 418
-998

Estimated living cost  is ₽34895 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7814
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
-₽64602
₽17928
₽8620
₽2998
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
55 021
-
-
-
income
12 137
-
-
-
social contributions
4 512
-
643
-
total
16 649
-
643
-
Employer
55 021
-
-
-
social contributions
77 580
-
11 056
-
total
77 580
-
11 056
-
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
94 229
26 629
11 699
21 007
After tax
-26 229
41 371
56 301
46 993
Living cost
38 373
38 373
38 373
38 373
Free-cash
-64 602
2 998
17 928
8 620

Estimated living cost  is ₽38373 per week

₽24898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9377
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
₽20246
₽23540
₽23727
₽23452
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
-
-
-
5 682
health
-
-
-
1 734
social contributions
-
-
-
10 609
total
-
-
-
18 025
Employee
62 228
62 228
62 228
-
health
619
1 058
1 049
-
income
6 534
5 760
5 774
-
social contributions
3 024
5 165
5 123
-
total
10 177
11 983
11 946
-
Employer
62 228
62 228
62 228
-
health
674
1 152
1 143
-
social contributions
3 024
5 165
5 123
-
total
3 698
6 317
6 266
-
Corporate
27 877
-
-
-
income
3 485
-
-
-
total
3 485
-
-
-
Dividends
24 392
-
-
-
withholding
4 146
-
-
-
total
4 146
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 506
18 300
18 212
18 025
After tax
46 494
49 700
49 788
49 975
Living cost
26 248
26 248
26 248
26 248
Free-cash
20 246
23 452
23 540
23 727

Estimated living cost  is ₽26248 per week

₽17943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5814
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
₽17632
₽13987
₽21622
₽22026
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
-
-
-
12 635
pensions
-
-
-
4 820
total
-
-
-
17 455
Employee
39 701
-
60 041
-
health
518
-
935
-
pensions
3 030
-
5 472
-
income
7 230
-
10 726
-
total
10 778
-
17 133
-
Employer
39 701
-
60 041
-
health
755
-
1 140
-
pensions
4 011
-
6 817
-
total
4 766
-
7 957
-
Corporate
23 534
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.

4 471
12 920
-
-
total
4 471
12 920
-
-
Dividends
19 063
55 080
-
-
withholding
1 430
4 131
-
-
total
1 430
4 131
-
-
Income
68 000
68 000
68 000
68 000
Total tax
21 445
17 051
25 090
17 455
After tax
46 555
50 949
42 910
50 545
Living cost
28 923
28 923
28 923
28 923
Free-cash
17 632
22 026
13 987
21 622

Estimated living cost  is ₽28923 per week

₽19841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6059
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
-₽194
-₽74
₽3036
₽3579
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
-
-
-
455
regional
-
-
-
1 238
social contributions
-
-
-
17 490
national
-
-
-
13 542
total
-
-
-
32 725
Employee
68 193
-
68 000
-
social contributions
22 994
-
22 930
-
regional
1 030
-
1 025
-
national
11 524
-
11 475
-
municipal
407
-
405
-
total
35 955
-
35 835
-
Employer
68 193
-
68 000
-
total
-
-
-
-
Corporate
-
68 000
-
-
nationa
-
16 320
-
-
municipal
-
3 277
-
-
total
-
19 597
-
-
Dividends
-
48 403
-
-
withholding
-
12 585
-
-
total
-
12 585
-
-
Income
68 000
68 000
68 000
68 000
Total tax
35 955
32 182
35 835
32 725
After tax
32 045
35 818
32 165
35 275
Living cost
32 239
32 239
32 239
32 239
Free-cash
-194
3 579
-74
3 036

Estimated living cost  is ₽32239 per week

₽22646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6888
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
₽2879
₽17367
₽29596
-₽11630
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
pensions
-
-
-
3 241
income
-
-
-
15 840
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
21 266
Employee
26 959
-
57 066
-
health
3 087
-
6 534
-
pensions
3 036
-
5 943
-
income
3 699
-
10 085
-
total
9 822
-
22 562
-
Employer
26 959
-
57 066
-
pensions
4 384
-
8 582
-
accident
450
-
953
-
unemployment
660
-
1 398
-
total
5 494
-
10 933
-
Corporate
35 547
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.

31 992
61 200
-
-
total
31 992
61 200
-
-
Dividends
3 555
6 800
-
-
withholding
675
1 292
-
-
total
675
1 292
-
-
Income
68 000
68 000
68 000
68 000
Total tax
47 983
62 492
33 495
21 266
After tax
20 017
5 508
34 505
46 734
Living cost
17 138
17 138
17 138
17 138
Free-cash
2 879
-11 630
17 367
29 596

Estimated living cost  is ₽17138 per week

₽12561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3270
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
₽14461
₽18520
₽14162
₽3875
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
trade
-
-
-
4 358
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.

-
-
-
12 046
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.

-
-
-
5 529
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.

-
-
-
662
total
-
-
-
22 595
Employee

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

40 265
-
68 000
-
health

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

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

5 529
-
5 529
-
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.

3 311
-
12 046
-
surtax

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

183
-
662
-
total
9 023
-
18 237
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 735
68 000
-
-
income
4 160
10 200
-
-
trade
3 981
9 758
-
-
surtax

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

229
561
-
-
chamber of commerce
163
223
-
-
total
8 533
20 742
-
-
Dividends
19 202
47 259
-
-
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.

247
633
-
-
withholding
4 493
11 507
-
-
total
4 740
12 140
-
-
Income
68 000
68 000
68 000
68 000
Total tax
22 296
32 882
18 237
22 595
After tax
45 704
35 118
49 763
45 405
Living cost
31 243
31 243
31 243
31 243
Free-cash
14 461
3 875
18 520
14 162

Estimated living cost  is ₽31243 per week

₽21552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
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
₽30927
₽21640
₽19612
₽37564
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
income
-
-
-
9 690
microenterprise
-
-
-
-
social contributions

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

-
-
-
21 862
surtax
-
-
-
-
total
-
-
-
31 552
Employee
23 647
-
54 799
-
income
4 209
-
10 295
-
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.

2 601
-
6 028
-
surtax
-
-
-
-
total
6 810
-
16 323
-
Employer
23 647
-
54 799
-
social contributions

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

5 696
-
13 201
-
surtax
-
-
-
-
total
5 696
-
13 201
-
Corporate
38 657
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%.

7 731
13 600
-
-
total
7 731
13 600
-
-
Dividends

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

30 927
54 400
-
-
total
-
-
-
-
Income
68 000
68 000
68 000
68 000
Total tax
20 237
13 600
29 524
31 552
After tax
47 763
54 400
38 476
36 448
Living cost
16 836
16 836
16 836
16 836
Free-cash
30 927
37 564
21 640
19 612

Estimated living cost  is ₽16836 per week

₽10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4110
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
₽30862
₽27718
₽28424
₽32493
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
-
-
-
17 131
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
29 637
Employee
15 138
-
59 844
-
health
757
-
1 812
-
unemployment
151
-
363
-
pensions
1 362
-
3 262
-
income
2 928
-
16 750
-
total
5 198
-
22 187
-
Employer
15 138
-
59 844
-
health
1 438
-
3 444
-
pensions
1 665
-
3 987
-
unemployment
303
-
725
-
total
3 406
-
8 156
-
Corporate
49 455
68 000
-
-
income
10 880
14 960
-
-
total
10 880
14 960
-
-
Dividends
38 575
53 040
-
-
withholding
7 715
10 608
-
-
total
7 715
10 608
-
-
Income
68 000
68 000
68 000
68 000
Total tax
27 199
25 568
30 343
29 637
After tax
40 801
42 432
37 657
38 363
Living cost
9 939
9 939
9 939
9 939
Free-cash
30 862
32 493
27 718
28 424

Estimated living cost  is ₽9939 per week

₽5906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽22020
₽16834
₽18135
₽24594
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
pensions
-
-
-
13 600
unemployment
-
-
-
184
income
-
-
-
11 823
other
-
-
-
-
health
-
-
-
4 828
surtax
-
-
-
1 253
total
-
-
-
31 688
Employee
27 253
-
56 175
-
health
696
-
1 431
-
unemployment
1 897
-
3 910
-
pensions
1 818
-
3 747
-
income
4 569
-
10 973
-
other
-
-
-
-
surtax
97
-
1 104
-
total
9 077
-
21 165
-
Employer
27 253
-
56 175
-
health
1 239
-
2 555
-
pensions
3 633
-
7 488
-
unemployment
865
-
1 781
-
other
-
-
-
-
total
5 737
-
11 824
-
Corporate
35 010
68 000
-
-
income
9 102
17 681
-
-
total
9 102
17 681
-
-
Dividends
25 908
50 319
-
-
withholding
3 887
7 548
-
-
total
3 887
7 548
-
-
Income
68 000
68 000
68 000
68 000
Total tax
27 803
25 229
32 989
31 688
After tax
40 197
42 771
35 011
36 312
Living cost
18 177
18 177
18 177
18 177
Free-cash
22 020
24 594
16 834
18 135

Estimated living cost  is ₽18177 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5201
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
₽12206
-₽3153
₽10313
₽12607
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
pensions
-
-
-
12 581
chamber of commerce
-
-
-
272
unemployment
-
-
-