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
₽ 68500
per

Your estimated
City
free-cash

Valencia , Spain
₽20515
₽15228
₽14743
₽24626
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
-
-
-
68 500
unemployment
-
-
-
479
income
-
-
-
11 656
other
-
-
-
68
accident
-
-
-
617
pensions
-
-
-
19 386
total
-
-
-
32 206
Employee
28 978
-
51 940
-
unemployment
449
-
805
-
pensions
1 362
-
2 441
-
income
5 587
-
11 864
-
other
28
-
52
-
total
7 426
-
15 162
-
Employer
28 978
-
51 940
-
pensions
6 838
-
12 258
-
accident
574
-
1 028
-
unemployment
1 594
-
2 857
-
other
232
-
416
-
total
9 238
-
16 559
-
Corporate
30 283
68 500
-
-
income

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

4 542
10 275
-
-
total
4 542
10 275
-
-
Dividends
25 741
58 225
-
-
withholding
5 228
12 048
-
-
total
5 228
12 048
-
-
Income
68 500
68 500
68 500
68 500
Total tax
26 434
22 323
31 721
32 206
After tax
42 066
46 177
36 779
36 294
Living cost
21 551
21 551
21 551
21 551
Free-cash
20 515
24 626
15 228
14 743

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
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.
₽4555
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
₽24151
₽19268
₽16207
₽29445
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
-
-
-
68 500
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.

-
-
-
16 441
income
-
-
-
8 700
other
-
-
-
3 254
health
-
-
-
3 015
total
-
-
-
31 410
Employee
28 456
-
54 713
-
health
399
-
766
-
unemployment
284
-
547
-
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.

1 991
-
3 831
-
income
4 899
-
9 419
-
total
7 573
-
14 563
-
Employer
28 456
-
54 713
-
health
399
-
766
-
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.

4 838
-
9 301
-
accident
228
-
437
-
unemployment
284
-
547
-
other
1 423
-
2 735
-
total
7 172
-
13 786
-
Corporate
32 873
68 500
-
-
income
6 904
14 384
-
-
total
6 904
14 384
-
-
Dividends
25 969
54 116
-
-
withholding
1 817
3 788
-
-
total
1 817
3 788
-
-
Income
68 500
68 500
68 500
68 500
Total tax
23 466
18 172
28 349
31 410
After tax
45 034
50 328
40 151
37 090
Living cost
20 883
20 883
20 883
20 883
Free-cash
24 151
29 445
19 268
16 207

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
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.
₽4381
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
₽44658
₽42586
₽40649
₽48296
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
-
-
-
68 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
10 275
health
-
-
-
3 147
total
-
-
-
17 581
Employee
13 600
-
63 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
6 313
-
total
3 330
-
10 276
-
Employer
13 600
-
63 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
52 232
68 500
-
-
income
5 223
6 850
-
-
total
5 223
6 850
-
-
Dividends
47 009
61 650
-
-
withholding
2 350
3 083
-
-
total
2 350
3 083
-
-
Income
68 500
68 500
68 500
68 500
Total tax
13 572
9 933
15 644
17 581
After tax
54 928
58 567
52 856
50 919
Living cost
10 270
10 270
10 270
10 270
Free-cash
44 658
48 296
42 586
40 649

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
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.
₽3269
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
₽12342
₽12906
₽12916
₽7712
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
-
-
-
68 500
income
-
-
-
5 128
other
-
-
-
2 124
health
-
-
-
724
social contributions
-
-
-
1 951
pensions
-
-
-
18 844
surtax
-
-
-
-
total
-
-
-
28 771
Employee
33 541
-
52 198
-
pensions
3 792
-
5 904
-
income
1 980
-
5 089
-
social contributions
956
-
1 487
-
surtax
-
-
-
-
total
6 728
-
12 480
-
Employer
33 541
-
52 198
-
health
2 348
-
3 654
-
social contributions
101
-
156
-
pensions
5 510
-
8 577
-
unemployment
1 358
-
2 113
-
other
1 157
-
1 801
-
total
10 474
-
16 301
-
Corporate
24 484
68 500
-
-
income
6 856
19 179
-
-
surtax
-
-
-
-
total
6 856
19 179
-
-
Dividends
17 628
49 321
-
-
social contributions
3 031
8 483
-
-
surtax
-
-
-
-
withholding
2 256
6 313
-
-
total
5 287
14 796
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 345
33 975
28 781
28 771
After tax
39 155
34 525
39 719
39 729
Living cost
26 813
26 813
26 813
26 813
Free-cash
12 342
7 712
12 906
12 916

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽7271
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
-₽9324
-₽9324
₽6106
-₽4924
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
-
-
-
68 500
pensions
-
-
-
9 182
income
-
-
-
11 554
health
-
-
-
8 827
total
-
-
-
29 563
Employee
66 925
66 925
66 925
-
health
10 272
8 737
10 272
-
pensions
12 047
9 182
12 047
-
income

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

10 955
10 955
10 955
-
total
33 274
28 874
33 274
-
Employer
66 925
66 925
66 925
-
health
4 652
4 652
4 652
-
pensions
4 658
4 658
4 658
-
unemployment
2 409
2 409
2 409
-
total
11 719
11 719
11 719
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
44 993
40 593
44 993
29 563
After tax
23 507
27 907
23 507
38 937
Living cost
32 831
32 831
32 831
32 831
Free-cash
-9 324
-4 924
-9 324
6 106

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
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
₽19594
₽26103
₽21052
₽10927
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.

-
-
-
68 500
trade
-
-
-
5 051
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.

-
-
-
12 612
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.

-
-
-
5 354
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.

-
-
-
693
total
-
-
-
23 710
Employee

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

29 975
-
68 500
-
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.

5 354
-
5 354
-
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.

837
-
12 612
-
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.

46
-
693
-
total
6 237
-
18 659
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 525
68 500
-
-
income
5 779
10 275
-
-
trade
6 068
10 788
-
-
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.

318
565
-
-
chamber of commerce
174
217
-
-
total
12 339
21 845
-
-
Dividends
26 185
46 654
-
-
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.

344
625
-
-
withholding
6 248
11 365
-
-
total
6 592
11 990
-
-
Income
68 500
68 500
68 500
68 500
Total tax
25 168
33 835
18 659
23 710
After tax
43 332
34 665
49 841
44 790
Living cost
23 738
23 738
23 738
23 738
Free-cash
19 594
10 927
26 103
21 052

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5595
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
₽27788
₽31725
₽31796
₽32052
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
-
-
-
68 500
income
-
-
-
6 127
health
-
-
-
1 746
social contributions
-
-
-
10 686
total
-
-
-
18 559
Employee
60 263
60 263
62 187
-
health
467
1 025
1 057
-
income
6 562
5 579
6 098
-
social contributions
2 278
5 002
5 162
-
total
9 307
11 606
12 317
-
Employer
60 263
60 263
62 187
-
health
507
1 115
1 151
-
social contributions
2 278
5 002
5 162
-
total
2 785
6 117
6 313
-
Corporate
38 262
2 120
-
-
income
4 783
265
-
-
total
4 783
265
-
-
Dividends
33 479
1 855
-
-
withholding
5 692
315
-
-
total
5 692
315
-
-
Income
68 500
68 500
68 500
68 500
Total tax
22 567
18 303
18 630
18 559
After tax
45 933
50 197
49 870
49 941
Living cost
18 145
18 145
18 145
18 145
Free-cash
27 788
32 052
31 725
31 796

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
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.
₽5089
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
₽13592
₽10929
₽14029
₽14382
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.

-
-
-
68 500
income
-
-
-
6 086
social contributions

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

-
-
-
23 803
surtax
-
-
-
-
total
-
-
-
29 889
Employee
36 044
-
55 353
-
income
7 497
-
13 754
-
social contributions
3 965
-
6 089
-
surtax
-
-
-
-
total
11 462
-
19 843
-
Employer
36 044
-
55 353
-
social contributions
8 560
-
13 146
-
total
8 560
-
13 146
-
Corporate
23 895
68 500
-
-
income
5 018
14 384
-
-
surtax
-
-
-
-
total
5 018
14 384
-
-
Dividends
18 877
54 116
-
-
withholding
5 286
15 152
-
-
total
5 286
15 152
-
-
Income
68 500
68 500
68 500
68 500
Total tax
30 326
29 536
32 989
29 889
After tax
38 174
38 964
35 511
38 611
Living cost
24 582
24 582
24 582
24 582
Free-cash
13 592
14 382
10 929
14 029

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4329
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
₽57863
₽48726
₽61741
₽59001
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%.

-
-
-
68 500
microenterprise

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

-
-
-
685
total
-
-
-
685
Employee
7 592
-
68 500
-
income
1 518
-
13 700
-
total
1 518
-
13 700
-
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%.

60 908
68 500
-
-
total
-
-
-
-
Dividends
60 908
68 500
-
-
withholding
3 045
3 425
-
-
total
3 045
3 425
-
-
Income
68 500
68 500
68 500
68 500
Total tax
4 563
3 425
13 700
685
After tax
63 937
65 075
54 800
67 815
Living cost
6 074
6 074
6 074
6 074
Free-cash
57 863
59 001
48 726
61 741

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
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.
₽1638
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
₽19587
₽12888
₽14853
₽26141
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.

-
-
-
68 500
pensions
-
-
-
12 509
unemployment
-
-
-
103
income
-
-
-
13 274
health
-
-
-
6 740
total
-
-
-
32 626
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.

34 656
-
59 272
-
health
2 238
-
3 830
-
unemployment
49
-
83
-
pensions
5 372
-
9 187
-
income
5 976
-
12 263
-
total
13 635
-
25 363
-
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.

34 656
-
59 272
-
health
2 308
-
3 947
-
pensions
3 067
-
5 245
-
unemployment
21
-
36
-
total
5 396
-
9 228
-
Corporate
28 449
68 500
-
-
income
5 405
13 015
-
-
total
5 405
13 015
-
-
Dividends
23 044
55 485
-
-
withholding
3 456
8 323
-
-
total
3 456
8 323
-
-
Income
68 500
68 500
68 500
68 500
Total tax
27 892
21 338
34 591
32 626
After tax
40 608
47 162
33 909
35 874
Living cost
21 021
21 021
21 021
21 021
Free-cash
19 587
26 141
12 888
14 853

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
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.
₽4841
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
₽15992
₽21705
₽12788
₽11935
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.

-
-
-
68 500
income
-
-
-
22 308
health

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

-
-
-
4 955
total
-
-
-
27 263
Employee
35 952
-
64 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
11 136
-
total
7 503
-
14 741
-
Employer
35 952
-
64 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
28 946
68 500
-
-
income
10 131
23 976
-
-
total
10 131
23 976
-
-
Dividends
18 815
44 524
-
-
social contributions
2 823
4 140
-
-
total
2 823
4 140
-
-
Income
68 500
68 500
68 500
68 500
Total tax
24 059
28 116
18 346
27 263
After tax
44 441
40 384
50 154
41 237
Living cost
28 449
28 449
28 449
28 449
Free-cash
15 992
11 935
21 705
12 788

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
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
₽25579
₽28003
₽27373
₽25174
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
-
-
-
68 500
income
-
-
-
10 275
health
-
-
-
4 781
social contributions
-
-
-
9 453
total
-
-
-
24 509
Employee
26 572
-
68 500
-
health
1 855
-
4 781
-
income
4 432
-
9 645
-
social contributions
3 668
-
9 453
-
total
9 955
-
23 879
-
Employer
26 572
-
68 500
-
total
-
-
-
-
Corporate
41 928
68 500
-
-
income

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

2 097
3 425
-
-
total
2 097
3 425
-
-
Dividends
39 831
65 075
-
-
social contributions
5 497
8 980
-
-
withholding
5 974
9 761
-
-
health
2 780
4 542
-
-
total
14 251
23 283
-
-
Income
68 500
68 500
68 500
68 500
Total tax
26 303
26 708
23 879
24 509
After tax
42 197
41 792
44 621
43 991
Living cost
16 618
16 618
16 618
16 618
Free-cash
25 579
25 174
28 003
27 373

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
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.
₽4088
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
₽17401
₽12824
₽11426
₽25225
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
-
-
-
68 500
income
-
-
-
5 888
health
-
-
-
9 247
social contributions
-
-
-
20 002
solidarity contribution
-
-
-
-
total
-
-
-
35 137
Employee
32 261
-
51 119
-
health
4 355
-
6 901
-
solidarity contribution
-
-
-
-
income
3 871
-
6 134
-
social contributions
2 097
-
3 323
-
total
10 323
-
16 358
-
Employer
32 261
-
51 119
-
health
2 903
-
4 601
-
social contributions
8 065
-
12 780
-
total
10 968
-
17 381
-
Corporate
25 271
68 500
-
-
income
4 801
13 015
-
-
total
4 801
13 015
-
-
Dividends
20 469
55 485
-
-
withholding
3 070
8 323
-
-
total
3 070
8 323
-
-
Income
68 500
68 500
68 500
68 500
Total tax
29 162
21 338
33 739
35 137
After tax
39 338
47 162
34 761
33 363
Living cost
21 937
21 937
21 937
21 937
Free-cash
17 401
25 225
12 824
11 426

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
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.
₽4029
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
₽53836
₽45335
₽58350
₽55610
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%.

-
-
-
68 500
microenterprise

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

-
-
-
685
total
-
-
-
685
Employee
11 832
-
68 500
-
income
2 366
-
13 700
-
total
2 366
-
13 700
-
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%.

56 668
68 500
-
-
total
-
-
-
-
Dividends
56 668
68 500
-
-
withholding
2 833
3 425
-
-
total
2 833
3 425
-
-
Income
68 500
68 500
68 500
68 500
Total tax
5 199
3 425
13 700
685
After tax
63 301
65 075
54 800
67 815
Living cost
9 465
9 465
9 465
9 465
Free-cash
53 836
55 610
45 335
58 350

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
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.
₽2345
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
₽2060
₽1867
₽1877
-₽3327
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
-
-
-
68 500
income
-
-
-
5 128
other
-
-
-
2 124
health
-
-
-
724
social contributions
-
-
-
1 951
pensions
-
-
-
18 844
surtax
-
-
-
-
total
-
-
-
28 771
Employee
49 085
-
52 198
-
pensions
5 552
-
5 904
-
income
4 283
-
5 089
-
social contributions
1 398
-
1 487
-
surtax
-
-
-
-
total
11 233
-
12 480
-
Employer
49 085
-
52 198
-
health
3 435
-
3 654
-
social contributions
147
-
156
-
pensions
8 065
-
8 577
-
unemployment
1 988
-
2 113
-
other
1 694
-
1 801
-
total
15 329
-
16 301
-
Corporate
4 085
68 500
-
-
income
1 144
19 179
-
-
surtax
-
-
-
-
total
1 144
19 179
-
-
Dividends
2 941
49 321
-
-
social contributions
506
8 483
-
-
surtax
-
-
-
-
withholding
376
6 313
-
-
total
882
14 796
-
-
Income
68 500
68 500
68 500
68 500
Total tax
28 588
33 975
28 781
28 771
After tax
39 912
34 525
39 719
39 729
Living cost
37 852
37 852
37 852
37 852
Free-cash
2 060
-3 327
1 867
1 877

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽8618
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
₽32134
₽21562
₽21562
₽35979
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.

-
-
-
68 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
11 599
health
-
-
-
5 948
total
-
-
-
33 426
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.

20 376
-
58 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
11 599
-
total
6 864
-
23 090
-
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.

20 376
-
58 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
44 477
68 500
-
-
income
6 672
10 275
-
-
total
6 672
10 275
-
-
Dividends
37 806
58 225
-
-
withholding
5 671
8 734
-
-
total
5 671
8 734
-
-
Income
68 500
68 500
68 500
68 500
Total tax
22 854
19 009
33 426
33 426
After tax
45 646
49 491
35 074
35 074
Living cost
13 512
13 512
13 512
13 512
Free-cash
32 134
35 979
21 562
21 562

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
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.
₽2978
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
₽198
₽479
₽3927
-₽21965
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
-
-
-
68 500
pensions
-
-
-
6 303
city
-
-
-
721
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.

-
-
-
1 370
health
-
-
-
174
regional
-
-
-
2 312
national
-
-
-
404
total
-
-
-
11 284
Employee
62 361
-
61 310
-
health
141
-
138
-
unemployment
-
-
-
-
city
669
-
658
-
pensions
5 239
-
5 150
-
regional
2 042
-
1 985
-
national
295
-
287
-
total
8 386
-
8 218
-
Employer
62 361
-
61 310
-
health
141
-
138
-
pensions
5 239
-
5 150
-
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.

1 247
-
1 226
-
total
6 627
-
6 514
-
Corporate
-
68 500
-
-
regional
-
14 487
-
-
national
-
5 822
-
-
total
-
20 309
-
-
Dividends
-
48 191
-
-
withholding
-
16 867
-
-
total
-
16 867
-
-
Income
68 500
68 500
68 500
68 500
Total tax
15 013
37 176
14 732
11 284
After tax
53 487
31 324
53 768
57 216
Living cost
53 289
53 289
53 289
53 289
Free-cash
198
-21 965
479
3 927

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
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.
₽13199
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
₽13483
₽9771
₽19657
₽16212
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

-
-
-
68 500
municipal
-
-
-
12 200
health
-
-
-
727
national
-
-
-
5 827
total
-
-
-
18 754
Employee
41 232
-
57 625
-
health
308
-
561
-
unemployment
619
-
864
-
pensions
2 783
-
3 889
-
national
681
-
3 035
-
municipal
6 754
-
9 416
-
total
11 145
-
17 765
-
Employer
41 232
-
57 625
-
health
317
-
443
-
pensions
7 154
-
9 999
-
accident
42
-
58
-
unemployment
268
-
375
-
total
7 781
-
10 875
-
Corporate
19 488
68 500
-
-
income
3 898
13 700
-
-
total
3 898
13 700
-
-
Dividends

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

11 692
41 100
-
-
municipal
2 104
7 397
-
-
national
-
1 102
-
-
total
2 104
8 499
-
-
Income
68 500
68 500
68 500
68 500
Total tax
24 928
22 199
28 640
18 754
After tax
43 572
46 301
39 860
49 746
Living cost
30 089
30 089
30 089
30 089
Free-cash
13 483
16 212
9 771
19 657

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
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.
₽7063
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
-₽3877
-₽1281
₽4710
₽9879
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
-
-
-
68 500
communal

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

-
-
-
3 501
social contributions
-
-
-
10 153
national
-
-
-
21 561
total
-
-
-
35 215
Employee

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

56 059
-
53 054
-
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.

2 634
-
2 493
-
communal

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

2 924
-
2 768
-
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.

488
-
461
-
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.

4 204
-
3 978
-
national
17 235
-
16 060
-
total
27 485
-
25 760
-
Employer

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

56 059
-
53 054
-
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.

3 447
-
3 263
-
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.

4 967
-
4 701
-
surtax
6 356
-
6 017
-
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.

729
-
690
-
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.

818
-
775
-
total
16 317
-
15 446
-
Corporate
-
68 500
-
-
income
-
13 700
-
-
surtax
-
274
-
-
total
-
13 974
-
-
Dividends
-
54 526
-
-
withholding

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

-
16 072
-
-
total
-
16 072
-
-
Income
68 500
68 500
68 500
68 500
Total tax
43 802
30 046
41 206
35 215
After tax
24 698
38 454
27 294
33 285
Living cost
28 575
28 575
28 575
28 575
Free-cash
-3 877
9 879
-1 281
4 710

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
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
₽2624
₽2568
₽133
₽3388
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
-
-
-
68 500
unemployment
-
-
-
69
municipal
-
-
-
14 509
other
-
-
-
7 960
health
-
-
-
4 274
national
-
-
-
-
accident
-
-
-
137
pensions
-
-
-
7 405
total
-
-
-
34 354
Employee
48 465
-
52 123
-
national
-
-
-
-
municipal
14 452
-
15 543
-
total
14 452
-
15 543
-
Employer
48 465
-
52 123
-
health
2 981
-
3 205
-
pensions
5 239
-
5 634
-
accident
97
-
104
-
unemployment
1 279
-
1 376
-
other
5 632
-
6 057
-
total
15 228
-
16 376
-
Corporate
4 808
68 500
-
-
income
1 058
15 070
-
-
total
1 058
15 070
-
-
Dividends
3 750
53 430
-
-
withholding
1 125
16 029
-
-
total
1 125
16 029
-
-
Income
68 500
68 500
68 500
68 500
Total tax
31 863
31 099
31 919
34 354
After tax
36 637
37 401
36 581
34 146
Living cost
34 012
34 012
34 012
34 012
Free-cash
2 624
3 388
2 568
133

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
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.
₽7616
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
-₽62388
₽19074
₽9462
₽3798
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
-
-
-
68 500
income
-
-
-
13 352
social contributions
-
-
-
7 809
total
-
-
-
21 161
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
-
68 500
-
-
income
-
15 070
-
-
total
-
15 070
-
-
Dividends
-
53 430
-
-
income
-
11 755
-
-
total
-
11 755
-
-
Income
68 500
68 500
68 500
68 500
Total tax
93 011
26 825
11 549
21 161
After tax
-24 511
41 675
56 951
47 339
Living cost
37 877
37 877
37 877
37 877
Free-cash
-62 388
3 798
19 074
9 462

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
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.
₽9256
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
₽21530
₽24451
₽24522
₽24778
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
-
-
-
68 500
income
-
-
-
6 127
health
-
-
-
1 746
social contributions
-
-
-
10 686
total
-
-
-
18 559
Employee
60 263
60 263
62 187
-
health
599
1 025
1 057
-
income
6 328
5 579
6 098
-
social contributions
2 928
5 002
5 162
-
total
9 855
11 606
12 317
-
Employer
60 263
60 263
62 187
-
health
653
1 115
1 151
-
social contributions
2 928
5 002
5 162
-
total
3 581
6 117
6 313
-
Corporate
29 643
2 120
-
-
income
3 705
265
-
-
total
3 705
265
-
-
Dividends
25 939
1 855
-
-
withholding
4 410
315
-
-
total
4 410
315
-
-
Income
68 500
68 500
68 500
68 500
Total tax
21 551
18 303
18 630
18 559
After tax
46 949
50 197
49 870
49 941
Living cost
25 419
25 419
25 419
25 419
Free-cash
21 530
24 778
24 451
24 522

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽5631
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
₽18914
₽15002
₽22535
₽23187
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
-
-
-
68 500
income
-
-
-
12 929
pensions
-
-
-
4 900
total
-
-
-
17 829
Employee
38 621
-
60 439
-
health
504
-
951
-
pensions
2 948
-
5 567
-
income
7 033
-
10 785
-
total
10 485
-
17 303
-
Employer
38 621
-
60 439
-
health
734
-
1 148
-
pensions
3 902
-
6 911
-
total
4 636
-
8 059
-
Corporate
25 243
68 500
-
-
income

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

4 796
13 015
-
-
total
4 796
13 015
-
-
Dividends
20 447
55 485
-
-
withholding
1 533
4 162
-
-
total
1 533
4 162
-
-
Income
68 500
68 500
68 500
68 500
Total tax
21 450
17 177
25 362
17 829
After tax
47 050
51 323
43 138
50 671
Living cost
28 136
28 136
28 136
28 136
Free-cash
18 914
23 187
15 002
22 535

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
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.
₽5894
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
₽1296
₽931
₽4064
₽4860
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
-
-
-
68 500
municipal
-
-
-
458
regional
-
-
-
1 277
social contributions
-
-
-
17 618
national
-
-
-
13 862
total
-
-
-
33 215
Employee
66 040
-
68 500
-
social contributions
22 268
-
23 098
-
regional
997
-
1 061
-
national
11 160
-
11 780
-
municipal
394
-
409
-
total
34 819
-
36 348
-
Employer
66 040
-
68 500
-
total
-
-
-
-
Corporate
2 460
68 500
-
-
nationa
590
16 440
-
-
municipal
119
3 302
-
-
total
709
19 742
-
-
Dividends
1 751
48 759
-
-
withholding
455
12 677
-
-
total
455
12 677
-
-
Income
68 500
68 500
68 500
68 500
Total tax
35 983
32 419
36 348
33 215
After tax
32 517
36 081
32 152
35 285
Living cost
31 221
31 221
31 221
31 221
Free-cash
1 296
4 860
931
4 064

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
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.
₽6670
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
₽2980
₽18170
₽30326
-₽11188
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
-
-
-
68 500
pensions
-
-
-
3 165
income
-
-
-
16 139
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
21 437
Employee
26 328
-
57 740
-
health
3 015
-
6 611
-
pensions
2 965
-
5 804
-
income
3 612
-
10 418
-
total
9 592
-
22 833
-
Employer
26 328
-
57 740
-
pensions
4 281
-
8 381
-
accident
440
-
964
-
unemployment
645
-
1 415
-
total
5 366
-
10 760
-
Corporate
36 807
68 500
-
-
income

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

33 126
61 650
-
-
total
33 126
61 650
-
-
Dividends
3 681
6 850
-
-
withholding
699
1 301
-
-
total
699
1 301
-
-
Income
68 500
68 500
68 500
68 500
Total tax
48 783
62 951
33 593
21 437
After tax
19 717
5 549
34 907
47 063
Living cost
16 737
16 737
16 737
16 737
Free-cash
2 980
-11 188
18 170
30 326

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
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.
₽3194
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
₽15362
₽19584
₽14983
₽5111
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.

-
-
-
68 500
trade
-
-
-
4 601
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.

-
-
-
12 612
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.

-
-
-
5 354
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.

-
-
-
693
total
-
-
-
23 260
Employee

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

38 994
-
68 500
-
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.

5 354
-
5 354
-
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.

3 206
-
12 612
-
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.

177
-
693
-
total
8 737
-
18 659
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
29 506
68 500
-
-
income
4 426
10 275
-
-
trade
4 234
9 829
-
-
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.

244
565
-
-
chamber of commerce
162
220
-
-
total
9 066
20 889
-
-
Dividends
20 440
47 610
-
-
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.

265
638
-
-
withholding
4 813
11 605
-
-
total
5 078
12 243
-
-
Income
68 500
68 500
68 500
68 500
Total tax
22 881
33 132
18 659
23 260
After tax
45 619
35 368
49 841
45 240
Living cost
30 257
30 257
30 257
30 257
Free-cash
15 362
5 111
19 584
14 983

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5690
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
₽32069
₽22420
₽20375
₽38496
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.

-
-
-
68 500
income
-
-
-
9 798
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.

-
-
-
22 023
surtax
-
-
-
-
total
-
-
-
31 821
Employee
22 900
-
55 201
-
income
4 076
-
10 407
-
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.

2 519
-
6 072
-
surtax
-
-
-
-
total
6 595
-
16 479
-
Employer
22 900
-
55 201
-
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.

5 516
-
13 297
-
surtax
-
-
-
-
total
5 516
-
13 297
-
Corporate
40 084
68 500
-
-
income

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

8 016
13 700
-
-
total
8 016
13 700
-
-
Dividends

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

32 067
54 800
-
-
total
-
-
-
-
Income
68 500
68 500
68 500
68 500
Total tax
20 127
13 700
29 776
31 821
After tax
48 373
54 800
38 724
36 679
Living cost
16 304
16 304
16 304
16 304
Free-cash
32 069
38 496
22 420
20 375

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
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.
₽3980
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
₽31400
₽28367
₽29061
₽33001
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
-
-
-
68 500
income
-
-
-
17 437
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
29 696
Employee
14 840
-
60 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
17 064
-
total
5 097
-
22 394
-
Employer
14 840
-
60 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
50 321
68 500
-
-
income
11 071
15 070
-
-
total
11 071
15 070
-
-
Dividends
39 251
53 430
-
-
withholding
7 850
10 686
-
-
total
7 850
10 686
-
-
Income
68 500
68 500
68 500
68 500
Total tax
27 357
25 756
30 390
29 696
After tax
41 143
42 744
38 110
38 804
Living cost
9 743
9 743
9 743
9 743
Free-cash
31 400
33 001
28 367
29 061

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
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.
₽2940
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
₽22990
₽17338
₽18652
₽25483
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
-
-
-
68 500
pensions
-
-
-
13 700
unemployment
-
-
-
178
income
-
-
-
12 164
other
-
-
-
-
health
-
-
-
4 863
surtax
-
-
-
1 340
total
-
-
-
32 245
Employee
26 392
-
56 589
-
health
674
-
1 443
-
unemployment
1 837
-
3 938
-
pensions
1 761
-
3 775
-
income
4 425
-
11 304
-
other
-
-
-
-
surtax
94
-
1 188
-
total
8 791
-
21 648
-
Employer
26 392
-
56 589
-
health
1 200
-
2 574
-
pensions
3 519
-
7 543
-
unemployment
837
-
1 794
-
other
-
-
-
-
total
5 556
-
11 911
-
Corporate
36 551
68 500
-
-
income
9 503
17 810
-
-
total
9 503
17 810
-
-
Dividends
27 048
50 690
-
-
withholding
4 057
7 604
-
-
total
4 057
7 604
-
-
Income
68 500
68 500
68 500
68 500
Total tax
27 907
25 414
33 559
32 245
After tax
40 593
43 086
34 941
36 255
Living cost
17 603
17 603
17 603
17 603
Free-cash
22 990
25 483
17 338
18 652

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
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
₽13258
-₽2478
₽10757
₽13645
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
-
-
-
68 500
pensions
-
-
-
12 673
chamber of commerce
-
-
-
274
unemployment
-
-
-
4 807