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
₽ 104500
per

Your estimated
City
free-cash

Valencia , Spain
₽43613
₽31804
₽35729
₽47672
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
-
-
-
104 500
unemployment
-
-
-
530
income
-
-
-
23 600
other
-
-
-
76
accident
-
-
-
682
pensions
-
-
-
21 423
total
-
-
-
46 311
Employee
30 200
-
80 366
-
unemployment
468
-
1 173
-
pensions
1 420
-
3 559
-
income
5 822
-
21 294
-
other
29
-
76
-
total
7 739
-
26 102
-
Employer
30 200
-
80 366
-
pensions
7 127
-
17 866
-
accident
598
-
1 499
-
unemployment
1 662
-
4 163
-
other
242
-
606
-
total
9 629
-
24 134
-
Corporate
64 672
104 500
-
-
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.

9 701
15 674
-
-
total
9 701
15 674
-
-
Dividends
54 971
88 826
-
-
withholding
11 358
18 694
-
-
total
11 358
18 694
-
-
Income
104 500
104 500
104 500
104 500
Total tax
38 427
34 368
50 236
46 311
After tax
66 073
70 132
54 264
58 189
Living cost
22 460
22 460
22 460
22 460
Free-cash
43 613
47 672
31 804
35 729

Estimated living cost  is ₽22460 per week

₽15160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4747
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
₽49499
₽38406
₽34087
₽55014
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
-
-
-
104 500
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.

-
-
-
25 079
income
-
-
-
14 008
other
-
-
-
4 964
health
-
-
-
4 599
total
-
-
-
48 650
Employee
29 655
-
83 464
-
health
415
-
1 169
-
unemployment
296
-
835
-
pensions

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

2 075
-
5 843
-
income
5 105
-
15 448
-
total
7 891
-
23 295
-
Employer
29 655
-
83 464
-
health
415
-
1 169
-
pensions

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

5 042
-
14 190
-
accident
237
-
668
-
unemployment
296
-
835
-
other
1 483
-
4 174
-
total
7 473
-
21 036
-
Corporate
67 371
104 500
-
-
income
14 148
21 945
-
-
total
14 148
21 945
-
-
Dividends
53 223
82 555
-
-
withholding
3 726
5 778
-
-
total
3 726
5 778
-
-
Income
104 500
104 500
104 500
104 500
Total tax
33 238
27 723
44 331
48 650
After tax
71 262
76 777
60 169
55 850
Living cost
21 763
21 763
21 763
21 763
Free-cash
49 499
55 014
38 406
34 087

Estimated living cost  is ₽21763 per week

₽15377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽4566
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
₽74848
₽74175
₽70502
₽78641
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
-
-
-
104 500
pensions

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

-
-
-
4 222
unemployment
-
-
-
114
income
-
-
-
15 675
health
-
-
-
3 280
total
-
-
-
23 291
Employee
14 177
-
98 904
-
health
652
-
1 312
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
pensions

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

1 245
-
2 505
-
income
1 417
-
9 891
-
total
3 470
-
14 022
-
Employer
14 177
-
98 904
-
health
979
-
1 968
-
pensions

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

1 562
-
3 143
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
171
-
total
2 782
-
5 596
-
Corporate
87 541
104 500
-
-
income
8 754
10 450
-
-
total
8 754
10 450
-
-
Dividends
78 787
94 050
-
-
withholding
3 939
4 702
-
-
total
3 939
4 702
-
-
Income
104 500
104 500
104 500
104 500
Total tax
18 945
15 152
19 618
23 291
After tax
85 555
89 348
84 882
81 209
Living cost
10 707
10 707
10 707
10 707
Free-cash
74 848
78 641
74 175
70 502

Estimated living cost  is ₽10707 per week

₽6251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽284
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.
₽3408
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
₽29550
₽33882
₽31584
₽24723
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
-
-
-
104 500
income
-
-
-
13 182
other
-
-
-
3 239
health
-
-
-
3 190
social contributions
-
-
-
2 977
pensions
-
-
-
22 384
surtax
-
-
-
-
total
-
-
-
44 972
Employee
34 956
-
83 150
-
pensions
3 952
-
4 830
-
income
2 063
-
14 123
-
social contributions
997
-
2 370
-
surtax
-
-
-
-
total
7 012
-
21 323
-
Employer
34 956
-
83 150
-
health
2 447
-
6 565
-
social contributions
105
-
250
-
pensions
5 742
-
8 299
-
unemployment
1 415
-
3 368
-
other
1 206
-
2 869
-
total
10 915
-
21 351
-
Corporate
58 628
104 500
-
-
income
16 415
29 260
-
-
surtax
-
-
-
-
total
16 415
29 260
-
-
Dividends
42 213
75 240
-
-
social contributions
7 261
12 942
-
-
surtax
-
-
-
-
withholding
5 403
9 631
-
-
total
12 664
22 573
-
-
Income
104 500
104 500
104 500
104 500
Total tax
47 006
51 833
42 674
44 972
After tax
57 494
52 667
61 826
59 528
Living cost
27 944
27 944
27 944
27 944
Free-cash
29 550
24 723
33 882
31 584

Estimated living cost  is ₽27944 per week

₽17620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7578
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
₽11934
₽24050
₽25987
₽16938
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
-
-
-
104 500
pensions
-
-
-
9 569
income
-
-
-
24 658
health
-
-
-
10 071
total
-
-
-
44 298
Employee
69 747
69 747
89 322
-
health
10 705
9 106
10 071
-
pensions
12 554
9 569
9 569
-
income

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

11 416
11 416
11 416
-
total
34 675
30 091
31 056
-
Employer
69 747
69 747
89 322
-
health
4 848
4 848
6 025
-
pensions
4 854
4 854
6 034
-
unemployment
2 511
2 511
3 120
-
total
12 213
12 213
15 179
-
Corporate
23 395
22 540
-
-
income
4 679
4 507
-
-
total
4 679
4 507
-
-
Dividends
18 716
18 032
-
-
income
3 977
3 831
-
-
withholding
2 807
2 705
-
-
total
6 784
6 536
-
-
Income
104 500
104 500
104 500
104 500
Total tax
58 351
53 347
46 235
44 298
After tax
46 149
51 153
58 265
60 202
Living cost
34 215
34 215
34 215
34 215
Free-cash
11 934
16 938
24 050
25 987

Estimated living cost  is ₽34215 per week

₽24247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6339
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
₽37065
₽44709
₽34231
₽28032
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.

-
-
-
104 500
trade
-
-
-
10 478
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.

-
-
-
27 936
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.

-
-
-
5 580
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.

-
-
-
1 536
total
-
-
-
45 530
Employee

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

31 239
-
104 500
-
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.

5 580
-
5 580
-
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.

873
-
27 936
-
surtax

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

48
-
1 536
-
total
6 501
-
35 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 261
104 500
-
-
income
10 989
15 674
-
-
trade
11 539
16 459
-
-
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.

604
862
-
-
chamber of commerce
229
274
-
-
total
23 361
33 269
-
-
Dividends
49 899
71 231
-
-
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.

670
963
-
-
withholding
12 164
17 497
-
-
total
12 834
18 460
-
-
Income
104 500
104 500
104 500
104 500
Total tax
42 696
51 729
35 052
45 530
After tax
61 804
52 771
69 448
58 970
Living cost
24 739
24 739
24 739
24 739
Free-cash
37 065
28 032
44 709
34 231

Estimated living cost  is ₽24739 per week

₽15561
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.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5831
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
₽53008
₽53165
₽54269
₽57452
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
-
-
-
104 500
income
-
-
-
15 442
health
-
-
-
2 664
social contributions
-
-
-
13 215
total
-
-
-
31 321
Employee
62 804
62 804
95 699
-
health
487
1 068
1 627
-
income
6 838
5 814
14 968
-
social contributions
2 374
5 212
7 030
-
total
9 699
12 094
23 625
-
Employer
62 804
62 804
95 699
-
health
529
1 162
1 770
-
social contributions
2 374
5 212
7 030
-
total
2 903
6 374
8 800
-
Corporate
72 988
35 321
-
-
income
9 123
4 416
-
-
total
9 123
4 416
-
-
Dividends
63 865
30 905
-
-
withholding
10 857
5 254
-
-
total
10 857
5 254
-
-
Income
104 500
104 500
104 500
104 500
Total tax
32 582
28 138
32 425
31 321
After tax
71 918
76 362
72 075
73 179
Living cost
18 910
18 910
18 910
18 910
Free-cash
53 008
57 452
53 165
54 269

Estimated living cost  is ₽18910 per week

₽11333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
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.
₽5304
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
₽33000
₽24949
₽31668
₽33820
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.

-
-
-
104 500
income
-
-
-
10 900
social contributions

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

-
-
-
36 313
surtax
-
-
-
-
total
-
-
-
47 213
Employee
37 564
-
84 444
-
income
7 813
-
24 587
-
social contributions
4 132
-
9 289
-
surtax
-
-
-
-
total
11 945
-
33 876
-
Employer
37 564
-
84 444
-
social contributions
8 921
-
20 056
-
total
8 921
-
20 056
-
Corporate
58 015
104 500
-
-
income
12 182
21 945
-
-
surtax
-
-
-
-
total
12 182
21 945
-
-
Dividends
45 832
82 555
-
-
withholding
12 833
23 116
-
-
total
12 833
23 116
-
-
Income
104 500
104 500
104 500
104 500
Total tax
45 881
45 061
53 932
47 213
After tax
58 619
59 439
50 568
57 287
Living cost
25 619
25 619
25 619
25 619
Free-cash
33 000
33 820
24 949
31 668

Estimated living cost  is ₽25619 per week

₽19168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4512
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
₽92042
₽77509
₽97364
₽93184
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%.

-
-
-
104 500
microenterprise

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

-
-
-
1 045
total
-
-
-
1 045
Employee
7 614
-
104 500
-
income
1 523
-
20 900
-
total
1 523
-
20 900
-
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%.

96 886
104 500
-
-
total
-
-
-
-
Dividends
96 886
104 500
-
-
withholding
4 844
5 225
-
-
total
4 844
5 225
-
-
Income
104 500
104 500
104 500
104 500
Total tax
6 367
5 225
20 900
1 045
After tax
98 133
99 275
83 600
103 455
Living cost
6 091
6 091
6 091
6 091
Free-cash
92 042
93 184
77 509
97 364

Estimated living cost  is ₽6091 per week

₽3775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
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.
₽1643
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
₽43209
₽28164
₽31130
₽50041
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.

-
-
-
104 500
pensions
-
-
-
19 084
unemployment
-
-
-
157
income
-
-
-
21 940
health
-
-
-
10 282
total
-
-
-
51 463
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.

36 117
-
90 422
-
health
2 333
-
5 840
-
unemployment
51
-
127
-
pensions
5 598
-
14 016
-
income
6 228
-
20 369
-
total
14 210
-
40 352
-
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.

36 117
-
90 422
-
health
2 405
-
6 021
-
pensions
3 196
-
8 002
-
unemployment
22
-
54
-
total
5 623
-
14 077
-
Corporate
62 760
104 500
-
-
income
11 925
19 855
-
-
total
11 925
19 855
-
-
Dividends
50 835
84 645
-
-
withholding
7 626
12 697
-
-
total
7 626
12 697
-
-
Income
104 500
104 500
104 500
104 500
Total tax
39 384
32 552
54 429
51 463
After tax
65 116
71 948
50 071
53 037
Living cost
21 907
21 907
21 907
21 907
Free-cash
43 209
50 041
28 164
31 130

Estimated living cost  is ₽21907 per week

₽15034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1404
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.
₽5045
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
₽36817
₽47056
₽46432
₽33962
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.

-
-
-
104 500
income
-
-
-
23 249
health

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

-
-
-
5 171
total
-
-
-
28 420
Employee
37 468
-
100 743
-
social contributions
3 754
-
3 757
-
income
4 065
-
20 282
-
total
7 819
-
24 039
-
Employer
37 468
-
100 743
-
social contributions
3 754
-
3 757
-
total
3 754
-
3 757
-
Corporate
63 279
104 500
-
-
income
22 147
36 575
-
-
total
22 147
36 575
-
-
Dividends
41 132
67 925
-
-
social contributions
4 315
4 315
-
-
total
4 315
4 315
-
-
Income
104 500
104 500
104 500
104 500
Total tax
38 035
40 890
27 796
28 420
After tax
66 465
63 610
76 704
76 080
Living cost
29 648
29 648
29 648
29 648
Free-cash
36 817
33 962
47 056
46 432

Estimated living cost  is ₽29648 per week

₽19529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7327
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
₽46857
₽48792
₽49792
₽46434
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
-
-
-
104 500
income
-
-
-
15 674
health
-
-
-
7 294
social contributions
-
-
-
14 421
total
-
-
-
37 389
Employee
27 693
-
104 500
-
health
1 933
-
7 294
-
income
4 619
-
16 674
-
social contributions
3 822
-
14 421
-
total
10 374
-
38 389
-
Employer
27 693
-
104 500
-
total
-
-
-
-
Corporate
76 807
104 500
-
-
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%.

3 841
5 225
-
-
total
3 841
5 225
-
-
Dividends
72 967
99 275
-
-
social contributions
10 070
13 700
-
-
withholding
10 946
14 892
-
-
health
5 093
6 930
-
-
total
26 109
35 522
-
-
Income
104 500
104 500
104 500
104 500
Total tax
40 324
40 747
38 389
37 389
After tax
64 176
63 753
66 111
67 111
Living cost
17 319
17 319
17 319
17 319
Free-cash
46 857
46 434
48 792
49 792

Estimated living cost  is ₽17319 per week

₽11590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
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.
₽4261
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
₽41062
₽30265
₽31472
₽49183
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
-
-
-
104 500
income
-
-
-
9 571
health
-
-
-
14 108
social contributions
-
-
-
26 584
solidarity contribution
-
-
-
-
total
-
-
-
50 263
Employee
33 479
-
77 985
-
health
4 520
-
10 528
-
solidarity contribution
-
-
-
-
income
4 017
-
9 358
-
social contributions
2 176
-
5 069
-
total
10 713
-
24 955
-
Employer
33 479
-
77 985
-
health
3 013
-
7 019
-
social contributions
8 370
-
19 496
-
total
11 383
-
26 515
-
Corporate
59 639
104 500
-
-
income
11 331
19 855
-
-
total
11 331
19 855
-
-
Dividends
48 307
84 645
-
-
withholding
7 246
12 697
-
-
total
7 246
12 697
-
-
Income
104 500
104 500
104 500
104 500
Total tax
40 673
32 552
51 470
50 263
After tax
63 827
71 948
53 030
54 237
Living cost
22 765
22 765
22 765
22 765
Free-cash
41 062
49 183
30 265
31 472

Estimated living cost  is ₽22765 per week

₽16930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4181
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
₽88003
₽74108
₽93963
₽89783
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%.

-
-
-
104 500
microenterprise

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

-
-
-
1 045
total
-
-
-
1 045
Employee
11 865
-
104 500
-
income
2 373
-
20 900
-
total
2 373
-
20 900
-
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%.

92 635
104 500
-
-
total
-
-
-
-
Dividends
92 635
104 500
-
-
withholding
4 632
5 225
-
-
total
4 632
5 225
-
-
Income
104 500
104 500
104 500
104 500
Total tax
7 005
5 225
20 900
1 045
After tax
97 495
99 275
83 600
103 455
Living cost
9 492
9 492
9 492
9 492
Free-cash
88 003
89 783
74 108
93 963

Estimated living cost  is ₽9492 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
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.
₽2352
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
₽18835
₽22378
₽20080
₽13219
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
-
-
-
104 500
income
-
-
-
13 182
other
-
-
-
3 239
health
-
-
-
3 190
social contributions
-
-
-
2 977
pensions
-
-
-
22 384
surtax
-
-
-
-
total
-
-
-
44 972
Employee
51 154
-
83 150
-
pensions
5 786
-
4 830
-
income
4 463
-
14 123
-
social contributions
1 457
-
2 370
-
surtax
-
-
-
-
total
11 706
-
21 323
-
Employer
51 154
-
83 150
-
health
3 580
-
6 565
-
social contributions
153
-
250
-
pensions
8 405
-
8 299
-
unemployment
2 072
-
3 368
-
other
1 765
-
2 869
-
total
15 975
-
21 351
-
Corporate
37 369
104 500
-
-
income
10 464
29 260
-
-
surtax
-
-
-
-
total
10 464
29 260
-
-
Dividends
26 905
75 240
-
-
social contributions
4 628
12 942
-
-
surtax
-
-
-
-
withholding
3 444
9 631
-
-
total
8 072
22 573
-
-
Income
104 500
104 500
104 500
104 500
Total tax
46 217
51 833
42 674
44 972
After tax
58 283
52 667
61 826
59 528
Living cost
39 448
39 448
39 448
39 448
Free-cash
18 835
13 219
22 378
20 080

Estimated living cost  is ₽39448 per week

₽26698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
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.
₽8982
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
₽57422
₽44963
₽44965
₽61426
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.

-
-
-
104 500
pensions
-
-
-
15 638
unemployment
-
-
-
902
income
-
-
-
22 725
health
-
-
-
6 195
total
-
-
-
45 460
Employee

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

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

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

21 224
-
93 734
-
health
1 093
-
3 098
-
unemployment
159
-
451
-
pensions
2 971
-
8 421
-
income
2 926
-
22 725
-
total
7 149
-
34 695
-
Employer

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

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

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

21 224
-
93 734
-
health
1 093
-
3 098
-
pensions
2 547
-
7 218
-
unemployment
159
-
451
-
total
3 799
-
10 767
-
Corporate
79 477
104 500
-
-
income
11 922
15 675
-
-
total
11 922
15 675
-
-
Dividends
67 555
88 825
-
-
withholding
10 133
13 324
-
-
total
10 133
13 324
-
-
Income
104 500
104 500
104 500
104 500
Total tax
33 003
28 999
45 462
45 460
After tax
71 497
75 501
59 038
59 040
Living cost
14 075
14 075
14 075
14 075
Free-cash
57 422
61 426
44 963
44 965

Estimated living cost  is ₽14075 per week

₽9477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
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.
₽3102
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
₽15309
₽23881
₽28959
-₽8982
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
-
-
-
104 500
pensions
-
-
-
9 614
city
-
-
-
1 101
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.

-
-
-
2 089
health
-
-
-
235
regional
-
-
-
4 527
national
-
-
-
1 208
total
-
-
-
18 774
Employee
66 432
-
93 534
-
health
150
-
210
-
unemployment
-
-
-
-
city
713
-
1 005
-
pensions
5 581
-
7 856
-
regional
2 175
-
3 877
-
national
314
-
967
-
total
8 933
-
13 915
-
Employer
66 432
-
93 534
-
health
150
-
210
-
pensions
5 581
-
7 856
-
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.

1 328
-
1 871
-
total
7 059
-
9 937
-
Corporate
30 277
104 500
-
-
regional
6 404
22 102
-
-
national
2 573
8 882
-
-
total
8 977
30 984
-
-
Dividends
21 301
73 516
-
-
withholding
7 455
25 731
-
-
total
7 455
25 731
-
-
Income
104 500
104 500
104 500
104 500
Total tax
32 424
56 715
23 852
18 774
After tax
72 076
47 785
80 648
85 726
Living cost
56 767
56 767
56 767
56 767
Free-cash
15 309
-8 982
23 881
28 959

Estimated living cost  is ₽56767 per week

₽36915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
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.
₽14061
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
₽36682
₽25964
₽40293
₽36382
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

-
-
-
104 500
municipal
-
-
-
18 582
health
-
-
-
1 268
national
-
-
-
13 000
total
-
-
-
32 850
Employee
42 971
-
87 910
-
health
321
-
1 014
-
unemployment
645
-
1 319
-
pensions
2 900
-
5 933
-
national
710
-
7 988
-
municipal
7 038
-
14 335
-
total
11 614
-
30 589
-
Employer
42 971
-
87 910
-
health
330
-
677
-
pensions
7 455
-
15 253
-
accident
43
-
88
-
unemployment
279
-
572
-
total
8 107
-
16 590
-
Corporate
53 422
104 500
-
-
income
10 684
20 899
-
-
total
10 684
20 899
-
-
Dividends

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

32 053
62 701
-
-
municipal
5 769
11 287
-
-
national
287
4 575
-
-
total
6 056
15 862
-
-
Income
104 500
104 500
104 500
104 500
Total tax
36 461
36 761
47 179
32 850
After tax
68 039
67 739
57 321
71 650
Living cost
31 357
31 357
31 357
31 357
Free-cash
36 682
36 382
25 964
40 293

Estimated living cost  is ₽31357 per week

₽20482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7361
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
₽16497
₽9207
₽16931
₽28747
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
-
-
-
104 500
communal

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

-
-
-
5 274
social contributions
-
-
-
16 589
national
-
-
-
35 926
total
-
-
-
57 789
Employee

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

58 422
-
80 939
-
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.

2 745
-
3 805
-
communal

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

3 047
-
4 222
-
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.

508
-
704
-
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.

4 382
-
6 071
-
national
17 961
-
27 150
-
total
28 643
-
41 952
-
Employer

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

58 422
-
80 939
-
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.

3 593
-
4 977
-
pensions

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

5 177
-
7 172
-
surtax
6 624
-
9 179
-
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.

759
-
1 052
-
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.

852
-
1 181
-
total
17 005
-
23 561
-
Corporate
29 072
104 500
-
-
income
5 814
20 899
-
-
surtax
116
418
-
-
total
5 930
21 317
-
-
Dividends
23 142
83 182
-
-
withholding

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

6 645
24 656
-
-
total
6 645
24 656
-
-
Income
104 500
104 500
104 500
104 500
Total tax
58 223
45 973
65 513
57 789
After tax
46 277
58 527
38 987
46 711
Living cost
29 780
29 780
29 780
29 780
Free-cash
16 497
28 747
9 207
16 931

Estimated living cost  is ₽29780 per week

₽19182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽7528
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
₽21032
₽19610
₽20559
₽21821
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
-
-
-
104 500
unemployment
-
-
-
77
municipal
-
-
-
24 491
other
-
-
-
8 974
health
-
-
-
4 819
national
-
-
-
1 842
accident
-
-
-
154
pensions
-
-
-
8 348
total
-
-
-
48 705
Employee
50 208
-
80 236
-
national
-
-
1 464
-
municipal
14 972
-
23 926
-
total
14 972
-
25 390
-
Employer
50 208
-
80 236
-
health
3 088
-
4 749
-
pensions
5 427
-
8 348
-
accident
100
-
154
-
unemployment
1 325
-
2 039
-
other
5 834
-
8 974
-
total
15 774
-
24 264
-
Corporate
38 516
104 500
-
-
income
8 473
22 990
-
-
total
8 473
22 990
-
-
Dividends
30 043
81 510
-
-
withholding
9 013
24 453
-
-
total
9 013
24 453
-
-
Income
104 500
104 500
104 500
104 500
Total tax
48 232
47 443
49 654
48 705
After tax
56 268
57 057
54 846
55 795
Living cost
35 236
35 236
35 236
35 236
Free-cash
21 032
21 821
19 610
20 559

Estimated living cost  is ₽35236 per week

₽23353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7890
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
-₽29628
₽53852
₽33403
₽24763
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
-
-
-
104 500
income
-
-
-
20 369
social contributions
-
-
-
11 913
total
-
-
-
32 282
Employee
55 654
-
-
-
income
12 276
-
-
-
social contributions
4 564
-
650
-
total
16 840
-
650
-
Employer
55 654
-
-
-
social contributions
78 473
-
11 184
-
total
78 473
-
11 184
-
Corporate
-
104 500
-
-
income
-
22 990
-
-
total
-
22 990
-
-
Dividends
-
81 510
-
-
income
-
17 932
-
-
total
-
17 932
-
-
Income
104 500
104 500
104 500
104 500
Total tax
95 313
40 922
11 834
32 282
After tax
9 187
63 578
92 666
72 218
Living cost
38 814
38 814
38 814
38 814
Free-cash
-29 628
24 763
53 852
33 403

Estimated living cost  is ₽38814 per week

₽25184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽46483
₽45584
₽46688
₽49871
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
-
-
-
104 500
income
-
-
-
15 442
health
-
-
-
2 664
social contributions
-
-
-
13 215
total
-
-
-
31 321
Employee
62 804
62 804
95 699
-
health
625
1 068
1 627
-
income
6 595
5 814
14 968
-
social contributions
3 052
5 212
7 030
-
total
10 272
12 094
23 625
-
Employer
62 804
62 804
95 699
-
health
680
1 162
1 770
-
social contributions
3 052
5 212
7 030
-
total
3 732
6 374
8 800
-
Corporate
64 005
35 321
-
-
income
8 001
4 416
-
-
total
8 001
4 416
-
-
Dividends
56 004
30 905
-
-
withholding
9 521
5 254
-
-
total
9 521
5 254
-
-
Income
104 500
104 500
104 500
104 500
Total tax
31 526
28 138
32 425
31 321
After tax
72 974
76 362
72 075
73 179
Living cost
26 491
26 491
26 491
26 491
Free-cash
46 483
49 871
45 584
46 688

Estimated living cost  is ₽26491 per week

₽18109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽5868
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
₽44760
₽33060
₽42703
₽42910
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
-
-
-
104 500
income
-
-
-
26 302
pensions
-
-
-
6 381
total
-
-
-
32 683
Employee
39 963
-
91 597
-
health
521
-
1 459
-
pensions
3 050
-
8 094
-
income
7 278
-
19 872
-
total
10 849
-
29 425
-
Employer
39 963
-
91 597
-
health
760
-
1 740
-
pensions
4 038
-
11 161
-
total
4 798
-
12 901
-
Corporate
59 740
104 500
-
-
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.

11 351
19 855
-
-
total
11 351
19 855
-
-
Dividends
48 389
84 645
-
-
withholding
3 628
12 621
-
-
total
3 628
12 621
-
-
Income
104 500
104 500
104 500
104 500
Total tax
30 626
32 476
42 326
32 683
After tax
73 874
72 024
62 174
71 817
Living cost
29 114
29 114
29 114
29 114
Free-cash
44 760
42 910
33 060
42 703

Estimated living cost  is ₽29114 per week

₽19972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
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.
₽6099
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
₽18791
₽13517
₽18296
₽22507
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
-
-
-
104 500
municipal
-
-
-
699
regional
-
-
-
2 298
social contributions
-
-
-
26 877
national
-
-
-
23 793
total
-
-
-
53 667
Employee
68 824
-
104 500
-
social contributions
23 207
-
35 238
-
regional
1 039
-
1 969
-
national
11 631
-
20 616
-
municipal
411
-
623
-
total
36 288
-
58 446
-
Employer
68 824
-
104 500
-
total
-
-
-
-
Corporate
35 676
104 500
-
-
nationa
8 562
25 079
-
-
municipal
1 719
5 037
-
-
total
10 281
30 116
-
-
Dividends
25 395
74 383
-
-
withholding
6 603
19 340
-
-
total
6 603
19 340
-
-
Income
104 500
104 500
104 500
104 500
Total tax
53 172
49 456
58 446
53 667
After tax
51 328
55 044
46 054
50 833
Living cost
32 537
32 537
32 537
32 537
Free-cash
18 791
22 507
13 517
18 296

Estimated living cost  is ₽32537 per week

₽22855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6951
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
₽5812
₽38276
₽54266
-₽8830
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
-
-
-
104 500
pensions
-
-
-
3 271
income
-
-
-
27 466
other
-
-
-
291
health
-
-
-
1 714
accident
-
-
-
198
total
-
-
-
32 940
Employee
27 204
-
92 047
-
health
3 115
-
10 539
-
pensions
3 063
-
5 997
-
income
3 732
-
19 942
-
total
9 910
-
36 478
-
Employer
27 204
-
92 047
-
pensions
4 424
-
8 660
-
accident
454
-
1 537
-
unemployment
666
-
2 255
-
total
5 544
-
12 452
-
Corporate
71 752
104 500
-
-
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.

64 577
94 050
-
-
total
64 577
94 050
-
-
Dividends
7 175
10 450
-
-
withholding
1 363
1 986
-
-
total
1 363
1 986
-
-
Income
104 500
104 500
104 500
104 500
Total tax
81 394
96 036
48 930
32 940
After tax
23 106
8 464
55 570
71 560
Living cost
17 294
17 294
17 294
17 294
Free-cash
5 812
-8 830
38 276
54 266

Estimated living cost  is ₽17294 per week

₽12675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
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.
₽3300
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
₽32997
₽37916
₽28370
₽22313
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.

-
-
-
104 500
trade
-
-
-
9 546
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.

-
-
-
27 936
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.

-
-
-
5 580
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.

-
-
-
1 536
total
-
-
-
44 598
Employee

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

40 638
-
104 500
-
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.

5 580
-
5 580
-
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.

3 342
-
27 936
-
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.

184
-
1 536
-
total
9 106
-
35 052
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 862
104 500
-
-
income
9 579
15 674
-
-
trade
9 165
14 996
-
-
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.

527
862
-
-
chamber of commerce
217
277
-
-
total
19 488
31 809
-
-
Dividends
44 374
72 691
-
-
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.

594
983
-
-
withholding
10 783
17 863
-
-
total
11 377
18 846
-
-
Income
104 500
104 500
104 500
104 500
Total tax
39 971
50 655
35 052
44 598
After tax
64 529
53 845
69 448
59 902
Living cost
31 532
31 532
31 532
31 532
Free-cash
32 997
22 313
37 916
28 370

Estimated living cost  is ₽31532 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3393
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.
₽5930
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
₽59908
₽41649
₽13659
₽66609
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.

-
-
-
104 500
income
-
-
-
15 908
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.

-
-
-
31 293
surtax
-
-
-
26 648
total
-
-
-
73 849
Employee
23 866
-
84 213
-
income
4 248
-
16 308
-
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.

2 626
-
9 264
-
surtax
-
-
-
-
total
6 874
-
25 572
-
Employer
23 866
-
84 213
-
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.

5 749
-
20 287
-
surtax
-
-
-
-
total
5 749
-
20 287
-
Corporate
74 886
104 500
-
-
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%.

14 977
20 899
-
-
total
14 977
20 899
-
-
Dividends

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

59 909
83 601
-
-
total
-
-
-
-
Income
104 500
104 500
104 500
104 500
Total tax
27 600
20 899
45 859
73 849
After tax
76 900
83 601
58 641
30 651
Living cost
16 992
16 992
16 992
16 992
Free-cash
59 908
66 609
41 649
13 659

Estimated living cost  is ₽16992 per week

₽10840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
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.
₽4148
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
₽53520
₽51278
₽51992
₽55170
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
-
-
-
104 500
income
-
-
-
29 839
health
-
-
-
5 309
pensions
-
-
-
7 322
total
-
-
-
42 470
Employee
15 289
-
96 263
-
health
764
-
1 831
-
unemployment
153
-
366
-
pensions
1 376
-
3 295
-
income
2 958
-
29 455
-
total
5 251
-
34 947
-
Employer
15 289
-
96 263
-
health
1 453
-
3 478
-
pensions
1 682
-
4 027
-
unemployment
306
-
732
-
total
3 441
-
8 237
-
Corporate
85 770
104 500
-
-
income
18 870
22 990
-
-
total
18 870
22 990
-
-
Dividends
66 901
81 510
-
-
withholding
13 380
16 302
-
-
total
13 380
16 302
-
-
Income
104 500
104 500
104 500
104 500
Total tax
40 942
39 292
43 184
42 470
After tax
63 558
65 208
61 316
62 030
Living cost
10 038
10 038
10 038
10 038
Free-cash
53 520
55 170
51 278
51 992

Estimated living cost  is ₽10038 per week

₽5965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
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.
₽3029
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
₽44789
₽30092
₽31817
₽47385
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
-
-
-
104 500
pensions
-
-
-
20 899
unemployment
-
-
-
186
income
-
-
-
22 728
other
-
-
-
-
health
-
-
-
7 420
surtax
-
-
-
3 105
total
-
-
-
54 338
Employee
27 505
-
86 327
-
health
702
-
2 201
-
unemployment
1 914
-
6 009
-
pensions
1 835
-
5 758
-
income
4 611
-
21 091
-
other
-
-
-
-
surtax
98
-
2 832
-
total
9 160
-
37 891
-
Employer
27 505
-
86 327
-
health
1 251
-
3 928
-
pensions
3 667
-
11 507
-
unemployment
873
-
2 737
-
other
-
-
-
-
total
5 791
-
18 172
-
Corporate
71 204
104 500
-
-
income
18 512
27 170
-
-
total
18 512
27 170
-
-
Dividends
52 692
77 330
-
-
withholding
7 903
11 600
-
-
total
7 903
11 600
-
-
Income
104 500
104 500
104 500
104 500
Total tax
41 366
38 770
56 063
54 338
After tax
63 134
65 730
48 437
50 162
Living cost
18 345
18 345
18 345
18 345
Free-cash
44 789
47 385
30 092
31 817

Estimated living cost  is ₽18345 per week

₽11076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5250
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
₽31822
₽2736
₽26522
₽32227
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
-
-
-
104 500
pensions
-
-
-
17 652
chamber of commerce
-
-
-
418