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
₽ 102500
per

Your estimated
City
free-cash

Valencia , Spain
₽43432
₽32030
₽35785
₽47269
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
-
-
-
102 500
unemployment
-
-
-
507
income
-
-
-
23 518
other
-
-
-
73
accident
-
-
-
652
pensions
-
-
-
20 487
total
-
-
-
45 237
Employee
28 881
-
79 420
-
unemployment
448
-
1 122
-
pensions
1 358
-
3 403
-
income
5 568
-
21 314
-
other
28
-
73
-
total
7 402
-
25 912
-
Employer
28 881
-
79 420
-
pensions
6 815
-
17 086
-
accident
572
-
1 433
-
unemployment
1 589
-
3 981
-
other
231
-
580
-
total
9 207
-
23 080
-
Corporate
64 412
102 500
-
-
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.

9 661
15 375
-
-
total
9 661
15 375
-
-
Dividends
54 751
87 125
-
-
withholding
11 320
18 378
-
-
total
11 320
18 378
-
-
Income
102 500
102 500
102 500
102 500
Total tax
37 590
33 753
48 992
45 237
After tax
64 910
68 747
53 508
57 263
Living cost
21 478
21 478
21 478
21 478
Free-cash
43 432
47 269
32 030
35 785

Estimated living cost  is ₽21478 per week

₽14498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4540
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
₽49221
₽38124
₽33884
₽54495
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
-
-
-
102 500
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.

-
-
-
24 600
income
-
-
-
13 825
other
-
-
-
4 869
health
-
-
-
4 510
total
-
-
-
47 804
Employee
28 360
-
81 869
-
health
397
-
1 146
-
unemployment
283
-
818
-
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.

1 985
-
5 730
-
income
4 882
-
15 239
-
total
7 547
-
22 933
-
Employer
28 360
-
81 869
-
health
397
-
1 146
-
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.

4 822
-
13 918
-
accident
227
-
655
-
unemployment
283
-
818
-
other
1 418
-
4 094
-
total
7 147
-
20 631
-
Corporate
66 993
102 500
-
-
income
14 069
21 525
-
-
total
14 069
21 525
-
-
Dividends
52 924
80 975
-
-
withholding
3 704
5 668
-
-
total
3 704
5 668
-
-
Income
102 500
102 500
102 500
102 500
Total tax
32 467
27 193
43 564
47 804
After tax
70 033
75 307
58 936
54 696
Living cost
20 812
20 812
20 812
20 812
Free-cash
49 221
54 495
38 124
33 884

Estimated living cost  is ₽20812 per week

₽14705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
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.
₽4367
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
₽73758
₽73225
₽69586
₽77389
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
-
-
-
102 500
pensions

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

-
-
-
4 041
unemployment
-
-
-
109
income
-
-
-
15 375
health
-
-
-
3 140
total
-
-
-
22 665
Employee
13 571
-
97 143
-
health
624
-
1 256
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
pensions

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

1 192
-
2 398
-
income
1 357
-
9 715
-
total
3 322
-
13 669
-
Employer
13 571
-
97 143
-
health
937
-
1 884
-
pensions

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

1 496
-
3 009
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
unemployment
81
-
164
-
total
2 663
-
5 357
-
Corporate
86 266
102 500
-
-
income
8 626
10 250
-
-
total
8 626
10 250
-
-
Dividends
77 639
92 250
-
-
withholding
3 882
4 612
-
-
total
3 882
4 612
-
-
Income
102 500
102 500
102 500
102 500
Total tax
18 493
14 862
19 026
22 665
After tax
84 007
87 638
83 474
79 835
Living cost
10 249
10 249
10 249
10 249
Free-cash
73 758
77 389
73 225
69 586

Estimated living cost  is ₽10249 per week

₽5984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽732
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.
₽3262
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
₽29551
₽33538
₽31606
₽24937
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
-
-
-
102 500
income
-
-
-
13 212
other
-
-
-
3 178
health
-
-
-
3 239
social contributions
-
-
-
2 921
pensions
-
-
-
21 621
surtax
-
-
-
-
total
-
-
-
44 171
Employee
33 428
-
81 383
-
pensions
3 780
-
4 807
-
income
1 973
-
13 996
-
social contributions
953
-
2 320
-
surtax
-
-
-
-
total
6 706
-
21 123
-
Employer
33 428
-
81 383
-
health
2 340
-
6 521
-
social contributions
101
-
245
-
pensions
5 492
-
8 243
-
unemployment
1 353
-
3 296
-
other
1 153
-
2 811
-
total
10 439
-
21 116
-
Corporate
58 632
102 500
-
-
income
16 417
28 700
-
-
surtax
-
-
-
-
total
16 417
28 700
-
-
Dividends
42 215
73 800
-
-
social contributions
7 260
12 694
-
-
surtax
-
-
-
-
withholding
5 404
9 446
-
-
total
12 664
22 140
-
-
Income
102 500
102 500
102 500
102 500
Total tax
46 226
50 840
42 239
44 171
After tax
56 274
51 660
60 261
58 329
Living cost
26 723
26 723
26 723
26 723
Free-cash
29 551
24 937
33 538
31 606

Estimated living cost  is ₽26723 per week

₽16850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7247
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
₽12719
₽25565
₽26311
₽17504
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
-
-
-
102 500
pensions
-
-
-
9 151
income
-
-
-
24 687
health
-
-
-
9 631
total
-
-
-
43 469
Employee
66 700
66 700
87 985
-
health
10 238
8 708
9 631
-
pensions
12 006
9 151
9 151
-
income

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

10 918
10 918
10 918
-
total
33 162
28 777
29 700
-
Employer
66 700
66 700
87 985
-
health
4 636
4 636
5 761
-
pensions
4 642
4 642
5 770
-
unemployment
2 401
2 401
2 984
-
total
11 679
11 679
14 515
-
Corporate
24 939
24 120
-
-
income
4 988
4 825
-
-
total
4 988
4 825
-
-
Dividends
19 951
19 296
-
-
income
4 239
4 100
-
-
withholding
2 993
2 895
-
-
total
7 232
6 995
-
-
Income
102 500
102 500
102 500
102 500
Total tax
57 061
52 276
44 215
43 469
After tax
45 439
50 224
58 285
59 031
Living cost
32 720
32 720
32 720
32 720
Free-cash
12 719
17 504
25 565
26 311

Estimated living cost  is ₽32720 per week

₽23188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6062
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
₽36738
₽44185
₽33761
₽28098
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.

-
-
-
102 500
trade
-
-
-
10 424
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.

-
-
-
27 793
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.

-
-
-
5 336
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.

-
-
-
1 528
total
-
-
-
45 081
Employee

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

29 874
-
102 500
-
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.

5 336
-
5 336
-
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.

834
-
27 793
-
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
-
1 528
-
total
6 216
-
34 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 626
102 500
-
-
income
10 894
15 375
-
-
trade
11 438
16 144
-
-
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.

599
846
-
-
chamber of commerce
222
265
-
-
total
23 153
32 630
-
-
Dividends
49 472
69 869
-
-
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.

664
944
-
-
withholding
12 071
17 170
-
-
total
12 735
18 114
-
-
Income
102 500
102 500
102 500
102 500
Total tax
42 104
50 744
34 657
45 081
After tax
60 396
51 756
67 843
57 419
Living cost
23 658
23 658
23 658
23 658
Free-cash
36 738
28 098
44 185
33 761

Estimated living cost  is ₽23658 per week

₽14881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5576
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
₽52554
₽52575
₽53649
₽56804
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
-
-
-
102 500
income
-
-
-
15 517
health
-
-
-
2 613
social contributions
-
-
-
12 637
total
-
-
-
30 767
Employee
60 060
60 060
94 037
-
health
465
1 021
1 599
-
income
6 540
5 560
15 056
-
social contributions
2 271
4 985
6 723
-
total
9 276
11 566
23 378
-
Employer
60 060
60 060
94 037
-
health
505
1 112
1 740
-
social contributions
2 271
4 985
6 723
-
total
2 776
6 097
8 463
-
Corporate
72 364
36 343
-
-
income
9 046
4 543
-
-
total
9 046
4 543
-
-
Dividends
63 318
31 801
-
-
withholding
10 764
5 406
-
-
total
10 764
5 406
-
-
Income
102 500
102 500
102 500
102 500
Total tax
31 862
27 612
31 841
30 767
After tax
70 638
74 888
70 659
71 733
Living cost
18 084
18 084
18 084
18 084
Free-cash
52 554
56 804
52 575
53 649

Estimated living cost  is ₽18084 per week

₽10838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
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.
₽5072
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
₽33016
₽24875
₽31575
₽33803
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.

-
-
-
102 500
income
-
-
-
10 807
social contributions

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

-
-
-
35 619
surtax
-
-
-
-
total
-
-
-
46 426
Employee
35 923
-
82 828
-
income
7 472
-
24 343
-
social contributions
3 952
-
9 111
-
surtax
-
-
-
-
total
11 424
-
33 454
-
Employer
35 923
-
82 828
-
social contributions
8 532
-
19 672
-
total
8 532
-
19 672
-
Corporate
58 045
102 500
-
-
income
12 190
21 525
-
-
surtax
-
-
-
-
total
12 190
21 525
-
-
Dividends
45 856
80 975
-
-
withholding
12 839
22 673
-
-
total
12 839
22 673
-
-
Income
102 500
102 500
102 500
102 500
Total tax
44 985
44 198
53 126
46 426
After tax
57 515
58 302
49 374
56 074
Living cost
24 499
24 499
24 499
24 499
Free-cash
33 016
33 803
24 875
31 575

Estimated living cost  is ₽24499 per week

₽18331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
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.
₽4315
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
₽90439
₽76159
₽95634
₽91534
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%.

-
-
-
102 500
microenterprise

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

-
-
-
1 025
total
-
-
-
1 025
Employee
7 301
-
102 500
-
income
1 460
-
20 500
-
total
1 460
-
20 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

95 199
102 500
-
-
total
-
-
-
-
Dividends
95 199
102 500
-
-
withholding
4 760
5 125
-
-
total
4 760
5 125
-
-
Income
102 500
102 500
102 500
102 500
Total tax
6 220
5 125
20 500
1 025
After tax
96 280
97 375
82 000
101 475
Living cost
5 841
5 841
5 841
5 841
Free-cash
90 439
91 534
76 159
95 634

Estimated living cost  is ₽5841 per week

₽3620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽161
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.
₽1575
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
₽43089
₽28071
₽30892
₽49621
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.

-
-
-
102 500
pensions
-
-
-
18 719
unemployment
-
-
-
154
income
-
-
-
21 699
health
-
-
-
10 086
total
-
-
-
50 658
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.

34 539
-
88 690
-
health
2 231
-
5 730
-
unemployment
49
-
125
-
pensions
5 354
-
13 748
-
income
5 956
-
20 066
-
total
13 590
-
39 669
-
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.

34 539
-
88 690
-
health
2 300
-
5 907
-
pensions
3 056
-
7 850
-
unemployment
21
-
53
-
total
5 377
-
13 810
-
Corporate
62 584
102 500
-
-
income
11 890
19 475
-
-
total
11 890
19 475
-
-
Dividends
50 693
83 025
-
-
withholding
7 604
12 454
-
-
total
7 604
12 454
-
-
Income
102 500
102 500
102 500
102 500
Total tax
38 461
31 929
53 479
50 658
After tax
64 039
70 571
49 021
51 842
Living cost
20 950
20 950
20 950
20 950
Free-cash
43 089
49 621
28 071
30 892

Estimated living cost  is ₽20950 per week

₽14378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4825
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
₽36875
₽46666
₽46925
₽34145
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.

-
-
-
102 500
income
-
-
-
22 233
health

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

-
-
-
4 989
total
-
-
-
27 222
Employee
35 831
-
98 907
-
social contributions
3 590
-
3 593
-
income
3 888
-
20 295
-
total
7 478
-
23 888
-
Employer
35 831
-
98 907
-
social contributions
3 590
-
3 593
-
total
3 590
-
3 593
-
Corporate
63 079
102 500
-
-
income
22 078
35 876
-
-
total
22 078
35 876
-
-
Dividends
41 002
66 624
-
-
social contributions
4 126
4 126
-
-
total
4 126
4 126
-
-
Income
102 500
102 500
102 500
102 500
Total tax
37 272
40 002
27 481
27 222
After tax
65 228
62 498
75 019
75 278
Living cost
28 353
28 353
28 353
28 353
Free-cash
36 875
34 145
46 666
46 925

Estimated living cost  is ₽28353 per week

₽18676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7006
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
₽46379
₽48179
₽49263
₽45971
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
-
-
-
102 500
income
-
-
-
15 375
health
-
-
-
7 155
social contributions
-
-
-
14 145
total
-
-
-
36 675
Employee
26 483
-
102 500
-
health
1 848
-
7 155
-
income
4 417
-
16 459
-
social contributions
3 655
-
14 145
-
total
9 920
-
37 759
-
Employer
26 483
-
102 500
-
total
-
-
-
-
Corporate
76 017
102 500
-
-
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%.

3 800
5 126
-
-
total
3 800
5 126
-
-
Dividends
72 217
97 374
-
-
social contributions
9 966
13 438
-
-
withholding
10 832
14 606
-
-
health
5 041
6 797
-
-
total
25 839
34 841
-
-
Income
102 500
102 500
102 500
102 500
Total tax
39 559
39 967
37 759
36 675
After tax
62 941
62 533
64 741
65 825
Living cost
16 562
16 562
16 562
16 562
Free-cash
46 379
45 971
48 179
49 263

Estimated living cost  is ₽16562 per week

₽11084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
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.
₽4075
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
₽40878
₽30131
₽31755
₽48686
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
-
-
-
102 500
income
-
-
-
9 466
health
-
-
-
13 838
social contributions
-
-
-
25 556
solidarity contribution
-
-
-
-
total
-
-
-
48 860
Employee
32 184
-
76 493
-
health
4 345
-
10 326
-
solidarity contribution
-
-
-
-
income
3 862
-
9 179
-
social contributions
2 092
-
4 972
-
total
10 299
-
24 477
-
Employer
32 184
-
76 493
-
health
2 897
-
6 884
-
social contributions
8 046
-
19 123
-
total
10 943
-
26 007
-
Corporate
59 374
102 500
-
-
income
11 281
19 475
-
-
total
11 281
19 475
-
-
Dividends
48 093
83 025
-
-
withholding
7 214
12 454
-
-
total
7 214
12 454
-
-
Income
102 500
102 500
102 500
102 500
Total tax
39 737
31 929
50 484
48 860
After tax
62 763
70 571
52 016
53 640
Living cost
21 885
21 885
21 885
21 885
Free-cash
40 878
48 686
30 131
31 755

Estimated living cost  is ₽21885 per week

₽16275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽4019
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
₽86566
₽72898
₽92373
₽88273
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%.

-
-
-
102 500
microenterprise

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

-
-
-
1 025
total
-
-
-
1 025
Employee
11 377
-
102 500
-
income
2 276
-
20 500
-
total
2 276
-
20 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

91 123
102 500
-
-
total
-
-
-
-
Dividends
91 123
102 500
-
-
withholding
4 556
5 125
-
-
total
4 556
5 125
-
-
Income
102 500
102 500
102 500
102 500
Total tax
6 832
5 125
20 500
1 025
After tax
95 668
97 375
82 000
101 475
Living cost
9 102
9 102
9 102
9 102
Free-cash
86 566
88 273
72 898
92 373

Estimated living cost  is ₽9102 per week

₽6159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽305
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.
₽2255
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
₽19305
₽22537
₽20605
₽13936
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
-
-
-
102 500
income
-
-
-
13 212
other
-
-
-
3 178
health
-
-
-
3 239
social contributions
-
-
-
2 921
pensions
-
-
-
21 621
surtax
-
-
-
-
total
-
-
-
44 171
Employee
48 920
-
81 383
-
pensions
5 533
-
4 807
-
income
4 268
-
13 996
-
social contributions
1 393
-
2 320
-
surtax
-
-
-
-
total
11 194
-
21 123
-
Employer
48 920
-
81 383
-
health
3 424
-
6 521
-
social contributions
147
-
245
-
pensions
8 038
-
8 243
-
unemployment
1 982
-
3 296
-
other
1 688
-
2 811
-
total
15 279
-
21 116
-
Corporate
38 302
102 500
-
-
income
10 724
28 700
-
-
surtax
-
-
-
-
total
10 724
28 700
-
-
Dividends
27 578
73 800
-
-
social contributions
4 743
12 694
-
-
surtax
-
-
-
-
withholding
3 531
9 446
-
-
total
8 274
22 140
-
-
Income
102 500
102 500
102 500
102 500
Total tax
45 471
50 840
42 239
44 171
After tax
57 029
51 660
60 261
58 329
Living cost
37 724
37 724
37 724
37 724
Free-cash
19 305
13 936
22 537
20 605

Estimated living cost  is ₽37724 per week

₽25531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3086
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.
₽8589
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
₽56773
₽44933
₽44932
₽60600
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.

-
-
-
102 500
pensions
-
-
-
14 951
unemployment
-
-
-
863
income
-
-
-
22 375
health
-
-
-
5 923
total
-
-
-
44 112
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.

20 291
-
92 207
-
health
1 045
-
2 961
-
unemployment
152
-
431
-
pensions
2 841
-
8 051
-
income
2 797
-
22 375
-
total
6 835
-
33 818
-
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.

20 291
-
92 207
-
health
1 045
-
2 961
-
pensions
2 435
-
6 901
-
unemployment
152
-
431
-
total
3 632
-
10 293
-
Corporate
78 576
102 500
-
-
income
11 786
15 375
-
-
total
11 786
15 375
-
-
Dividends
66 790
87 125
-
-
withholding
10 018
13 069
-
-
total
10 018
13 069
-
-
Income
102 500
102 500
102 500
102 500
Total tax
32 271
28 444
44 111
44 112
After tax
70 229
74 056
58 389
58 388
Living cost
13 456
13 456
13 456
13 456
Free-cash
56 773
60 600
44 933
44 932

Estimated living cost  is ₽13456 per week

₽9060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
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.
₽2966
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
₽16133
₽25229
₽30208
-₽6854
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
-
-
-
102 500
pensions
-
-
-
9 430
city
-
-
-
1 080
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.

-
-
-
2 050
health
-
-
-
230
regional
-
-
-
4 540
national
-
-
-
1 238
total
-
-
-
18 568
Employee
62 871
-
91 743
-
health
142
-
207
-
unemployment
-
-
-
-
city
675
-
985
-
pensions
5 282
-
7 705
-
regional
2 059
-
3 902
-
national
298
-
1 001
-
total
8 456
-
13 800
-
Employer
62 871
-
91 743
-
health
142
-
207
-
pensions
5 282
-
7 705
-
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.

1 257
-
1 835
-
total
6 681
-
9 747
-
Corporate
32 256
102 500
-
-
regional
6 822
21 679
-
-
national
2 742
8 712
-
-
total
9 564
30 391
-
-
Dividends
22 692
72 109
-
-
withholding
7 942
25 239
-
-
total
7 942
25 239
-
-
Income
102 500
102 500
102 500
102 500
Total tax
32 643
55 630
23 547
18 568
After tax
69 857
46 870
78 953
83 932
Living cost
53 724
53 724
53 724
53 724
Free-cash
16 133
-6 854
25 229
30 208

Estimated living cost  is ₽53724 per week

₽34936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
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.
₽13307
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
₽36761
₽26013
₽40068
₽36302
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

-
-
-
102 500
municipal
-
-
-
18 224
health
-
-
-
1 252
national
-
-
-
12 969
total
-
-
-
32 445
Employee
41 093
-
86 228
-
health
307
-
1 002
-
unemployment
617
-
1 294
-
pensions
2 773
-
5 821
-
national
679
-
8 053
-
municipal
6 731
-
14 060
-
total
11 107
-
30 230
-
Employer
41 093
-
86 228
-
health
316
-
664
-
pensions
7 129
-
14 960
-
accident
42
-
86
-
unemployment
267
-
560
-
total
7 754
-
16 270
-
Corporate
53 653
102 500
-
-
income
10 731
20 501
-
-
total
10 731
20 501
-
-
Dividends

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

32 191
61 500
-
-
municipal
5 794
11 069
-
-
national
366
4 641
-
-
total
6 160
15 710
-
-
Income
102 500
102 500
102 500
102 500
Total tax
35 752
36 211
46 500
32 445
After tax
66 748
66 289
56 000
70 055
Living cost
29 987
29 987
29 987
29 987
Free-cash
36 761
36 302
26 013
40 068

Estimated living cost  is ₽29987 per week

₽19587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7039
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
₽17204
₽9567
₽17160
₽28916
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
-
-
-
102 500
communal

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

-
-
-
5 176
social contributions
-
-
-
16 229
national
-
-
-
35 456
total
-
-
-
56 861
Employee

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

55 870
-
79 388
-
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.

2 625
-
3 731
-
communal

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

2 914
-
4 141
-
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.

486
-
691
-
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.

4 190
-
5 954
-
national
17 177
-
26 827
-
total
27 392
-
41 344
-
Employer

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

55 870
-
79 388
-
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.

3 436
-
4 882
-
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.

4 951
-
7 033
-
surtax
6 335
-
9 003
-
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.

726
-
1 033
-
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.

815
-
1 159
-
total
16 263
-
23 110
-
Corporate
30 367
102 500
-
-
income
6 074
20 501
-
-
surtax
122
411
-
-
total
6 196
20 912
-
-
Dividends
24 171
81 589
-
-
withholding

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

6 966
24 193
-
-
total
6 966
24 193
-
-
Income
102 500
102 500
102 500
102 500
Total tax
56 817
45 105
64 454
56 861
After tax
45 683
57 395
38 046
45 639
Living cost
28 479
28 479
28 479
28 479
Free-cash
17 204
28 916
9 567
17 160

Estimated living cost  is ₽28479 per week

₽18344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽7199
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
₽21543
₽20068
₽20975
₽22299
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
-
-
-
102 500
unemployment
-
-
-
74
municipal
-
-
-
24 191
other
-
-
-
8 574
health
-
-
-
4 604
national
-
-
-
2 292
accident
-
-
-
148
pensions
-
-
-
7 976
total
-
-
-
47 859
Employee
47 971
-
79 317
-
national
-
-
1 930
-
municipal
14 305
-
23 652
-
total
14 305
-
25 582
-
Employer
47 971
-
79 317
-
health
2 950
-
4 538
-
pensions
5 186
-
7 976
-
accident
96
-
148
-
unemployment
1 266
-
1 948
-
other
5 574
-
8 574
-
total
15 072
-
23 184
-
Corporate
39 457
102 500
-
-
income
8 681
22 550
-
-
total
8 681
22 550
-
-
Dividends
30 776
79 950
-
-
withholding
9 233
23 985
-
-
total
9 233
23 985
-
-
Income
102 500
102 500
102 500
102 500
Total tax
47 291
46 535
48 766
47 859
After tax
55 209
55 965
53 734
54 641
Living cost
33 666
33 666
33 666
33 666
Free-cash
21 543
22 299
20 068
20 975

Estimated living cost  is ₽33666 per week

₽22312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7539
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
-₽25830
₽54041
₽33699
₽25224
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
-
-
-
102 500
income
-
-
-
19 979
social contributions
-
-
-
11 685
total
-
-
-
31 664
Employee
53 249
-
-
-
income
11 746
-
-
-
social contributions
4 366
-
622
-
total
16 112
-
622
-
Employer
53 249
-
-
-
social contributions
75 081
-
10 700
-
total
75 081
-
10 700
-
Corporate
-
102 500
-
-
income
-
22 550
-
-
total
-
22 550
-
-
Dividends
-
79 950
-
-
income
-
17 589
-
-
total
-
17 589
-
-
Income
102 500
102 500
102 500
102 500
Total tax
91 193
40 139
11 322
31 664
After tax
11 307
62 361
91 178
70 836
Living cost
37 137
37 137
37 137
37 137
Free-cash
-25 830
25 224
54 041
33 699

Estimated living cost  is ₽37137 per week

₽24096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽9075
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
₽46318
₽45325
₽46399
₽49554
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
-
-
-
102 500
income
-
-
-
15 517
health
-
-
-
2 613
social contributions
-
-
-
12 637
total
-
-
-
30 767
Employee
60 060
60 060
94 037
-
health
597
1 021
1 599
-
income
6 307
5 560
15 056
-
social contributions
2 918
4 985
6 723
-
total
9 822
11 566
23 378
-
Employer
60 060
60 060
94 037
-
health
651
1 112
1 740
-
social contributions
2 918
4 985
6 723
-
total
3 569
6 097
8 463
-
Corporate
63 774
36 343
-
-
income
7 971
4 543
-
-
total
7 971
4 543
-
-
Dividends
55 803
31 801
-
-
withholding
9 486
5 406
-
-
total
9 486
5 406
-
-
Income
102 500
102 500
102 500
102 500
Total tax
30 848
27 612
31 841
30 767
After tax
71 652
74 888
70 659
71 733
Living cost
25 334
25 334
25 334
25 334
Free-cash
46 318
49 554
45 325
46 399

Estimated living cost  is ₽25334 per week

₽17318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5612
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
₽44514
₽32780
₽42227
₽42347
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
-
-
-
102 500
income
-
-
-
26 064
pensions
-
-
-
6 181
total
-
-
-
32 245
Employee
38 473
-
89 820
-
health
502
-
1 421
-
pensions
2 936
-
7 824
-
income
7 006
-
19 767
-
total
10 444
-
29 012
-
Employer
38 473
-
89 820
-
health
731
-
1 707
-
pensions
3 887
-
10 973
-
total
4 618
-
12 680
-
Corporate
59 409
102 500
-
-
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.

11 287
19 475
-
-
total
11 287
19 475
-
-
Dividends
48 122
83 025
-
-
withholding
3 609
12 650
-
-
total
3 609
12 650
-
-
Income
102 500
102 500
102 500
102 500
Total tax
29 958
32 125
41 692
32 245
After tax
72 542
70 375
60 808
70 255
Living cost
28 028
28 028
28 028
28 028
Free-cash
44 514
42 347
32 780
42 227

Estimated living cost  is ₽28028 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽5871
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
₽19320
₽13899
₽18587
₽22875
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
-
-
-
102 500
municipal
-
-
-
685
regional
-
-
-
2 271
social contributions
-
-
-
26 363
national
-
-
-
23 478
total
-
-
-
52 797
Employee
65 817
-
102 500
-
social contributions
22 193
-
34 562
-
regional
994
-
1 950
-
national
11 123
-
20 361
-
municipal
393
-
612
-
total
34 703
-
57 485
-
Employer
65 817
-
102 500
-
total
-
-
-
-
Corporate
36 683
102 500
-
-
nationa
8 804
24 600
-
-
municipal
1 768
4 940
-
-
total
10 572
29 540
-
-
Dividends
26 110
72 959
-
-
withholding
6 789
18 969
-
-
total
6 789
18 969
-
-
Income
102 500
102 500
102 500
102 500
Total tax
52 064
48 509
57 485
52 797
After tax
50 436
53 991
45 015
49 703
Living cost
31 116
31 116
31 116
31 116
Free-cash
19 320
22 875
13 899
18 587

Estimated living cost  is ₽31116 per week

₽21857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6648
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
₽5714
₽37664
₽53319
-₽8565
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
-
-
-
102 500
pensions
-
-
-
3 190
income
-
-
-
26 973
other
-
-
-
284
health
-
-
-
1 672
accident
-
-
-
194
total
-
-
-
32 313
Employee
26 534
-
90 331
-
health
3 038
-
10 343
-
pensions
2 988
-
5 850
-
income
3 640
-
19 606
-
total
9 666
-
35 799
-
Employer
26 534
-
90 331
-
pensions
4 315
-
8 447
-
accident
443
-
1 509
-
unemployment
650
-
2 213
-
total
5 408
-
12 169
-
Corporate
70 558
102 500
-
-
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.

63 503
92 250
-
-
total
63 503
92 250
-
-
Dividends
7 056
10 250
-
-
withholding
1 341
1 947
-
-
total
1 341
1 947
-
-
Income
102 500
102 500
102 500
102 500
Total tax
79 918
94 197
47 968
32 313
After tax
22 582
8 303
54 532
70 187
Living cost
16 868
16 868
16 868
16 868
Free-cash
5 714
-8 565
37 664
53 319

Estimated living cost  is ₽16868 per week

₽12363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
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.
₽3219
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
₽32873
₽37688
₽28190
₽22656
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.

-
-
-
102 500
trade
-
-
-
9 498
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.

-
-
-
27 793
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.

-
-
-
5 336
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.

-
-
-
1 528
total
-
-
-
44 155
Employee

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

38 863
-
102 500
-
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.

5 336
-
5 336
-
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.

3 196
-
27 793
-
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.

176
-
1 528
-
total
8 708
-
34 657
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 637
102 500
-
-
income
9 545
15 375
-
-
trade
9 132
14 708
-
-
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.

525
846
-
-
chamber of commerce
212
268
-
-
total
19 414
31 197
-
-
Dividends
44 223
71 302
-
-
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.

591
963
-
-
withholding
10 759
17 529
-
-
total
11 350
18 492
-
-
Income
102 500
102 500
102 500
102 500
Total tax
39 472
49 689
34 657
44 155
After tax
63 028
52 811
67 843
58 345
Living cost
30 155
30 155
30 155
30 155
Free-cash
32 873
22 656
37 688
28 190

Estimated living cost  is ₽30155 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽5671
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
₽59343
₽41246
₽14385
₽65750
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.

-
-
-
102 500
income
-
-
-
15 803
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.

-
-
-
29 926
surtax
-
-
-
26 137
total
-
-
-
71 866
Employee
22 823
-
82 601
-
income
4 063
-
16 020
-
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.

2 511
-
9 086
-
surtax
-
-
-
-
total
6 574
-
25 106
-
Employer
22 823
-
82 601
-
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.

5 498
-
19 899
-
surtax
-
-
-
-
total
5 498
-
19 899
-
Corporate
74 179
102 500
-
-
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%.

14 836
20 501
-
-
total
14 836
20 501
-
-
Dividends

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

59 344
81 999
-
-
total
-
-
-
-
Income
102 500
102 500
102 500
102 500
Total tax
26 908
20 501
45 005
71 866
After tax
75 592
81 999
57 495
30 634
Living cost
16 249
16 249
16 249
16 249
Free-cash
59 343
65 750
41 246
14 385

Estimated living cost  is ₽16249 per week

₽10367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
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.
₽3966
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
₽52461
₽50247
₽50948
₽54083
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
-
-
-
102 500
income
-
-
-
29 247
health
-
-
-
5 223
pensions
-
-
-
7 205
total
-
-
-
41 675
Employee
15 044
-
94 395
-
health
752
-
1 801
-
unemployment
150
-
360
-
pensions
1 354
-
3 242
-
income
2 910
-
28 869
-
total
5 166
-
34 272
-
Employer
15 044
-
94 395
-
health
1 429
-
3 422
-
pensions
1 655
-
3 962
-
unemployment
301
-
720
-
total
3 385
-
8 104
-
Corporate
84 071
102 500
-
-
income
18 496
22 550
-
-
total
18 496
22 550
-
-
Dividends
65 576
79 950
-
-
withholding
13 115
15 990
-
-
total
13 115
15 990
-
-
Income
102 500
102 500
102 500
102 500
Total tax
40 162
38 540
42 376
41 675
After tax
62 338
63 960
60 124
60 825
Living cost
9 877
9 877
9 877
9 877
Free-cash
52 461
54 083
50 247
50 948

Estimated living cost  is ₽9877 per week

₽5870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
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.
₽2981
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
₽44444
₽29622
₽31314
₽46929
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
-
-
-
102 500
pensions
-
-
-
20 501
unemployment
-
-
-
178
income
-
-
-
22 577
other
-
-
-
-
health
-
-
-
7 276
surtax
-
-
-
3 110
total
-
-
-
53 642
Employee
26 303
-
84 675
-
health
671
-
2 160
-
unemployment
1 831
-
5 893
-
pensions
1 755
-
5 647
-
income
4 410
-
20 970
-
other
-
-
-
-
surtax
93
-
2 841
-
total
8 760
-
37 511
-
Employer
26 303
-
84 675
-
health
1 196
-
3 852
-
pensions
3 507
-
11 287
-
unemployment
834
-
2 684
-
other
-
-
-
-
total
5 537
-
17 823
-
Corporate
70 659
102 500
-
-
income
18 371
26 650
-
-
total
18 371
26 650
-
-
Dividends
52 288
75 850
-
-
withholding
7 844
11 377
-
-
total
7 844
11 377
-
-
Income
102 500
102 500
102 500
102 500
Total tax
40 512
38 027
55 334
53 642
After tax
61 988
64 473
47 166
48 858
Living cost
17 544
17 544
17 544
17 544
Free-cash
44 444
46 929
29 622
31 314

Estimated living cost  is ₽17544 per week

₽10592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1525
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.
₽5020
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
₽31826
₽3063
₽26839
₽32212
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
-
-
-
102 500
pensions
-
-
-
16 881
chamber of commerce
-
-
-
411