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
₽ 111500
per

Your estimated
City
free-cash

Valencia , Spain
₽33134
₽37416
₽50379
₽45912
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
-
-
-
111 500
income
-
-
-
24 826
accident
-
-
-
744
unemployment
-
-
-
578
pensions
-
-
-
23 361
other
-
-
-
83
total
-
-
-
49 592
Employee
32 932
-
85 182
-
other
32
-
83
-
income
6 349
-
22 313
-
unemployment
510
-
1 279
-
pensions
1 548
-
3 881
-
total
8 439
-
27 556
-
Employer
32 932
-
85 182
-
unemployment
1 812
-
4 540
-
pensions
7 771
-
19 483
-
other
264
-
661
-
accident
652
-
1 634
-
total
10 499
-
26 318
-
Corporate
68 068
111 500
-
-
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.

10 210
16 724
-
-
total
10 210
16 724
-
-
Dividends
57 858
94 776
-
-
withholding
11 948
19 905
-
-
total
11 948
19 905
-
-
Income
111 500
111 500
111 500
111 500
Total tax
41 096
36 629
53 874
49 592
After tax
70 404
74 871
57 626
61 908
Living cost
24 492
24 492
24 492
24 492
Free-cash
45 912
50 379
33 134
37 416

Estimated living cost  is ₽24492 per week

₽16532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽5177
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
₽40548
₽35939
₽58186
₽52174
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
-
-
-
111 500
income
-
-
-
14 865
health
-
-
-
4 907
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.

-
-
-
26 760
other
-
-
-
5 297
total
-
-
-
51 829
Employee
32 338
-
89 055
-
income
5 567
-
16 401
-
health
453
-
1 247
-
unemployment
323
-
891
-
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.

2 263
-
6 235
-
total
8 606
-
24 774
-
Employer
32 338
-
89 055
-
unemployment
323
-
891
-
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.

5 498
-
15 141
-
other
1 617
-
4 454
-
accident
259
-
713
-
health
453
-
1 247
-
total
8 150
-
22 446
-
Corporate
71 012
111 500
-
-
income
14 912
23 416
-
-
total
14 912
23 416
-
-
Dividends
56 099
88 084
-
-
withholding
3 926
6 166
-
-
total
3 926
6 166
-
-
Income
111 500
111 500
111 500
111 500
Total tax
35 594
29 582
47 220
51 829
After tax
75 906
81 918
64 280
59 671
Living cost
23 732
23 732
23 732
23 732
Free-cash
52 174
58 186
40 548
35 939

Estimated living cost  is ₽23732 per week

₽16768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4979
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
₽78704
₽74819
₽83672
₽79540
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
-
-
-
111 500
income
-
-
-
16 725
health
-
-
-
3 573
unemployment
-
-
-
124
pensions

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

-
-
-
4 598
total
-
-
-
25 020
Employee
15 441
-
105 405
-
income
1 544
-
10 541
-
health
710
-
1 429
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
pensions

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

1 356
-
2 728
-
total
3 780
-
15 040
-
Employer
15 441
-
105 405
-
unemployment
92
-
186
-
pensions

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

1 702
-
3 423
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
health
1 066
-
2 144
-
total
3 030
-
6 095
-
Corporate
93 030
111 500
-
-
income
9 303
11 150
-
-
total
9 303
11 150
-
-
Dividends
83 727
100 350
-
-
withholding
4 186
5 017
-
-
total
4 186
5 017
-
-
Income
111 500
111 500
111 500
111 500
Total tax
20 299
16 167
21 135
25 020
After tax
91 201
95 333
90 365
86 480
Living cost
11 661
11 661
11 661
11 661
Free-cash
79 540
83 672
78 704
74 819

Estimated living cost  is ₽11661 per week

₽6808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
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.
₽3712
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
₽35868
₽33095
₽25724
₽30985
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
-
-
-
111 500
income
-
-
-
13 791
social contributions
-
-
-
3 178
health
-
-
-
3 299
surtax
-
-
-
-
pensions
-
-
-
24 209
other
-
-
-
3 456
total
-
-
-
47 933
Employee
38 118
-
88 884
-
income
2 250
-
14 932
-
social contributions
1 087
-
2 532
-
surtax
-
-
-
-
pensions
4 310
-
5 082
-
total
7 647
-
22 546
-
Employer
38 118
-
88 884
-
unemployment
1 543
-
3 600
-
social contributions
115
-
267
-
pensions
6 262
-
8 754
-
other
1 315
-
3 066
-
health
2 669
-
6 927
-
total
11 904
-
22 614
-
Corporate
61 478
111 500
-
-
income
17 214
31 221
-
-
surtax
-
-
-
-
total
17 214
31 221
-
-
Dividends
44 264
80 279
-
-
withholding
5 665
10 276
-
-
surtax
-
-
-
-
social contributions
7 613
13 807
-
-
total
13 278
24 083
-
-
Income
111 500
111 500
111 500
111 500
Total tax
50 043
55 304
45 160
47 933
After tax
61 457
56 196
66 340
63 567
Living cost
30 472
30 472
30 472
30 472
Free-cash
30 985
25 724
35 868
33 095

Estimated living cost  is ₽30472 per week

₽19214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8263
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
₽23771
₽26820
₽17216
₽11761
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
-
-
-
111 500
income
-
-
-
25 952
health
-
-
-
10 983
pensions
-
-
-
10 435
total
-
-
-
47 370
Employee
76 057
76 057
94 948
-
income

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

12 449
12 449
12 449
-
health
11 674
9 930
10 983
-
pensions
13 690
10 435
10 435
-
total
37 813
32 814
33 867
-
Employer
76 057
76 057
94 948
-
unemployment
2 738
2 738
3 402
-
pensions
5 294
5 294
6 580
-
health
5 287
5 287
6 570
-
total
13 319
13 319
16 552
-
Corporate
23 057
22 124
-
-
income
4 611
4 425
-
-
total
4 611
4 425
-
-
Dividends
18 446
17 699
-
-
withholding
2 767
2 655
-
-
income
3 919
3 761
-
-
total
6 686
6 416
-
-
Income
111 500
111 500
111 500
111 500
Total tax
62 429
56 974
50 419
47 370
After tax
49 071
54 526
61 081
64 130
Living cost
37 310
37 310
37 310
37 310
Free-cash
11 761
17 216
23 771
26 820

Estimated living cost  is ₽37310 per week

₽26441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
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.
₽6913
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
₽47386
₽36346
₽29336
₽39186
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.

-
-
-
111 500
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.

-
-
-
29 433
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.

-
-
-
6 085
trade
-
-
-
11 040
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.

-
-
-
1 619
total
-
-
-
48 177
Employee

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

34 065
-
111 500
-
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.

952
-
29 433
-
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.

6 085
-
6 085
-
surtax

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

52
-
1 619
-
total
7 089
-
37 137
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 435
111 500
-
-
chamber of commerce
247
296
-
-
income
11 615
16 724
-
-
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.

639
919
-
-
trade
12 196
17 561
-
-
total
24 697
35 500
-
-
Dividends
52 738
76 000
-
-
withholding
12 845
18 661
-
-
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.

706
1 026
-
-
total
13 551
19 687
-
-
Income
111 500
111 500
111 500
111 500
Total tax
45 337
55 187
37 137
48 177
After tax
66 163
56 313
74 363
63 323
Living cost
26 977
26 977
26 977
26 977
Free-cash
39 186
29 336
47 386
36 346

Estimated living cost  is ₽26977 per week

₽16969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
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.
₽6358
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
₽56315
₽57504
₽60865
₽56020
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
-
-
-
111 500
income
-
-
-
16 122
social contributions
-
-
-
14 410
health
-
-
-
2 843
total
-
-
-
33 375
Employee
68 486
68 486
101 947
-
income
7 457
6 340
15 612
-
social contributions
2 589
5 684
7 667
-
health
531
1 165
1 732
-
total
10 577
13 189
25 011
-
Employer
68 486
68 486
101 947
-
social contributions
2 589
5 684
7 667
-
health
576
1 268
1 886
-
total
3 165
6 952
9 553
-
Corporate
77 136
36 062
-
-
income
9 642
4 508
-
-
total
9 642
4 508
-
-
Dividends
67 494
31 554
-
-
withholding
11 475
5 365
-
-
total
11 475
5 365
-
-
Income
111 500
111 500
111 500
111 500
Total tax
34 859
30 014
34 564
33 375
After tax
76 641
81 486
76 936
78 125
Living cost
20 621
20 621
20 621
20 621
Free-cash
56 020
60 865
56 315
57 504

Estimated living cost  is ₽20621 per week

₽12358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5784
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
₽26235
₽33296
₽35484
₽34589
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.

-
-
-
111 500
income
-
-
-
11 520
social contributions

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

-
-
-
38 747
surtax
-
-
-
-
total
-
-
-
50 267
Employee
40 963
-
90 101
-
income
8 520
-
26 018
-
social contributions
4 506
-
9 911
-
surtax
-
-
-
-
total
13 026
-
35 929
-
Employer
40 963
-
90 101
-
social contributions
9 729
-
21 399
-
total
9 729
-
21 399
-
Corporate
60 809
111 500
-
-
income
12 769
23 416
-
-
surtax
-
-
-
-
total
12 769
23 416
-
-
Dividends
48 039
88 084
-
-
withholding
13 450
24 663
-
-
total
13 450
24 663
-
-
Income
111 500
111 500
111 500
111 500
Total tax
48 974
48 079
57 328
50 267
After tax
62 526
63 421
54 172
61 233
Living cost
27 937
27 937
27 937
27 937
Free-cash
34 589
35 484
26 235
33 296

Estimated living cost  is ₽27937 per week

₽20902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
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.
₽4920
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
₽82859
₽104044
₽99584
₽98396
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%.

-
-
-
111 500
microenterprise

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

-
-
-
1 115
total
-
-
-
1 115
Employee
7 926
-
111 500
-
income
1 585
-
22 300
-
total
1 585
-
22 300
-
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%.

103 574
111 500
-
-
total
-
-
-
-
Dividends
103 574
111 500
-
-
withholding
5 178
5 575
-
-
total
5 178
5 575
-
-
Income
111 500
111 500
111 500
111 500
Total tax
6 763
5 575
22 300
1 115
After tax
104 737
105 925
89 200
110 385
Living cost
6 341
6 341
6 341
6 341
Free-cash
98 396
99 584
82 859
104 044

Estimated living cost  is ₽6341 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
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.
₽1710
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
₽29618
₽32815
₽52879
₽45428
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.

-
-
-
111 500
income
-
-
-
23 295
health
-
-
-
10 971
unemployment
-
-
-
167
pensions
-
-
-
20 363
total
-
-
-
54 796
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.

39 385
-
96 478
-
income
6 792
-
21 649
-
health
2 544
-
6 232
-
unemployment
56
-
135
-
pensions
6 105
-
14 955
-
total
15 497
-
42 971
-
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.

39 385
-
96 478
-
unemployment
24
-
57
-
pensions
3 485
-
8 539
-
health
2 623
-
6 426
-
total
6 132
-
15 022
-
Corporate
65 984
111 500
-
-
income
12 538
21 185
-
-
total
12 538
21 185
-
-
Dividends
53 446
90 315
-
-
withholding
8 016
13 547
-
-
total
8 016
13 547
-
-
Income
111 500
111 500
111 500
111 500
Total tax
42 183
34 732
57 993
54 796
After tax
69 317
76 768
53 507
56 704
Living cost
23 889
23 889
23 889
23 889
Free-cash
45 428
52 879
29 618
32 815

Estimated living cost  is ₽23889 per week

₽16395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
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.
₽5501
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
₽49716
₽48048
₽35440
₽38551
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.

-
-
-
111 500
income
-
-
-
25 352
health

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

-
-
-
5 769
total
-
-
-
31 121
Employee
40 858
-
107 403
-
social contributions
4 094
-
4 097
-
income
4 433
-
21 259
-
total
8 527
-
25 356
-
Employer
40 858
-
107 403
-
social contributions
4 094
-
4 097
-
total
4 094
-
4 097
-
Corporate
66 549
111 500
-
-
income
23 292
39 024
-
-
total
23 292
39 024
-
-
Dividends
43 257
72 476
-
-
social contributions
4 705
4 705
-
-
total
4 705
4 705
-
-
Income
111 500
111 500
111 500
111 500
Total tax
40 618
43 729
29 453
31 121
After tax
70 882
67 771
82 047
80 379
Living cost
32 331
32 331
32 331
32 331
Free-cash
38 551
35 440
49 716
48 048

Estimated living cost  is ₽32331 per week

₽21296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽7989
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
₽51753
₽52720
₽49140
₽49600
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
-
-
-
111 500
income
-
-
-
16 724
social contributions
-
-
-
15 387
health
-
-
-
7 783
total
-
-
-
39 894
Employee
30 198
-
111 500
-
income
5 037
-
17 691
-
social contributions
4 168
-
15 387
-
health
2 108
-
7 783
-
total
11 313
-
40 861
-
Employer
30 198
-
111 500
-
total
-
-
-
-
Corporate
81 302
111 500
-
-
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%.

4 065
5 574
-
-
total
4 065
5 574
-
-
Dividends
77 237
105 926
-
-
withholding
11 586
15 889
-
-
health
5 392
7 393
-
-
social contributions
10 658
14 618
-
-
total
27 636
37 900
-
-
Income
111 500
111 500
111 500
111 500
Total tax
43 014
43 474
40 861
39 894
After tax
68 486
68 026
70 639
71 606
Living cost
18 886
18 886
18 886
18 886
Free-cash
49 600
49 140
51 753
52 720

Estimated living cost  is ₽18886 per week

₽12639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
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.
₽4646
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
₽32357
₽33709
₽52543
₽43901
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
-
-
-
111 500
income
-
-
-
10 224
social contributions
-
-
-
28 289
solidarity contribution
-
-
-
-
health
-
-
-
15 053
total
-
-
-
53 566
Employee
35 625
-
83 209
-
solidarity contribution
-
-
-
-
income
4 275
-
9 985
-
social contributions
2 316
-
5 409
-
health
4 809
-
11 233
-
total
11 400
-
26 627
-
Employer
35 625
-
83 209
-
social contributions
8 906
-
20 802
-
health
3 206
-
7 489
-
total
12 112
-
28 291
-
Corporate
63 762
111 500
-
-
income
12 115
21 185
-
-
total
12 115
21 185
-
-
Dividends
51 647
90 315
-
-
withholding
7 747
13 547
-
-
total
7 747
13 547
-
-
Income
111 500
111 500
111 500
111 500
Total tax
43 374
34 732
54 918
53 566
After tax
68 126
76 768
56 582
57 934
Living cost
24 225
24 225
24 225
24 225
Free-cash
43 901
52 543
32 357
33 709

Estimated living cost  is ₽24225 per week

₽18015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
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.
₽4449
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
₽79318
₽100503
₽96043
₽94189
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%.

-
-
-
111 500
microenterprise

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

-
-
-
1 115
total
-
-
-
1 115
Employee
12 352
-
111 500
-
income
2 471
-
22 300
-
total
2 471
-
22 300
-
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%.

99 148
111 500
-
-
total
-
-
-
-
Dividends
99 148
111 500
-
-
withholding
4 958
5 575
-
-
total
4 958
5 575
-
-
Income
111 500
111 500
111 500
111 500
Total tax
7 429
5 575
22 300
1 115
After tax
104 071
105 925
89 200
110 385
Living cost
9 882
9 882
9 882
9 882
Free-cash
94 189
96 043
79 318
100 503

Estimated living cost  is ₽9882 per week

₽6687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
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.
₽2448
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
₽23323
₽20550
₽13179
₽19301
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
-
-
-
111 500
income
-
-
-
13 791
social contributions
-
-
-
3 178
health
-
-
-
3 299
surtax
-
-
-
-
pensions
-
-
-
24 209
other
-
-
-
3 456
total
-
-
-
47 933
Employee
55 783
-
88 884
-
income
4 867
-
14 932
-
social contributions
1 589
-
2 532
-
surtax
-
-
-
-
pensions
6 309
-
5 082
-
total
12 765
-
22 546
-
Employer
55 783
-
88 884
-
unemployment
2 260
-
3 600
-
social contributions
167
-
267
-
pensions
9 166
-
8 754
-
other
1 925
-
3 066
-
health
3 904
-
6 927
-
total
17 422
-
22 614
-
Corporate
38 295
111 500
-
-
income
10 722
31 221
-
-
surtax
-
-
-
-
total
10 722
31 221
-
-
Dividends
27 573
80 279
-
-
withholding
3 529
10 276
-
-
surtax
-
-
-
-
social contributions
4 744
13 807
-
-
total
8 273
24 083
-
-
Income
111 500
111 500
111 500
111 500
Total tax
49 182
55 304
45 160
47 933
After tax
62 318
56 196
66 340
63 567
Living cost
43 017
43 017
43 017
43 017
Free-cash
19 301
13 179
23 323
20 550

Estimated living cost  is ₽43017 per week

₽29113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
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.
₽9795
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
₽47154
₽47151
₽65194
₽60822
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.

-
-
-
111 500
income
-
-
-
24 164
health
-
-
-
6 763
unemployment
-
-
-
985
pensions
-
-
-
17 072
total
-
-
-
48 984
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.

23 169
-
99 747
-
income
3 194
-
24 164
-
health
1 193
-
3 381
-
unemployment
174
-
492
-
pensions
3 244
-
9 192
-
total
7 805
-
37 229
-
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.

23 169
-
99 747
-
unemployment
174
-
492
-
pensions
2 780
-
7 879
-
health
1 193
-
3 381
-
total
4 147
-
11 752
-
Corporate
84 184
111 500
-
-
income
12 628
16 725
-
-
total
12 628
16 725
-
-
Dividends
71 556
94 775
-
-
withholding
10 733
14 216
-
-
total
10 733
14 216
-
-
Income
111 500
111 500
111 500
111 500
Total tax
35 313
30 941
48 981
48 984
After tax
76 187
80 559
62 519
62 516
Living cost
15 365
15 365
15 365
15 365
Free-cash
60 822
65 194
47 154
47 151

Estimated living cost  is ₽15365 per week

₽10345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
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.
₽3387
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
₽23976
₽29392
-₽11214
₽15397
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
-
-
-
111 500
regional
-
-
-
4 748
national
-
-
-
1 245
health
-
-
-
251
city
-
-
-
1 176
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.

-
-
-
2 230
pensions
-
-
-
10 258
total
-
-
-
19 908
Employee
72 790
-
99 798
-
regional
2 384
-
4 055
-
city
781
-
1 072
-
health
165
-
225
-
unemployment
-
-
-
-
national
345
-
988
-
pensions
6 115
-
8 382
-
total
9 790
-
14 722
-
Employer
72 790
-
99 798
-
unemployment
-
-
-
-
pensions
6 115
-
8 382
-
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.

1 455
-
1 995
-
health
165
-
225
-
total
7 735
-
10 602
-
Corporate
30 175
111 500
-
-
regional
6 382
23 583
-
-
national
2 566
9 478
-
-
total
8 948
33 061
-
-
Dividends
21 227
78 439
-
-
withholding
7 430
27 453
-
-
total
7 430
27 453
-
-
Income
111 500
111 500
111 500
111 500
Total tax
33 903
60 514
25 324
19 908
After tax
77 597
50 986
86 176
91 592
Living cost
62 200
62 200
62 200
62 200
Free-cash
15 397
-11 214
23 976
29 392

Estimated living cost  is ₽62200 per week

₽40448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
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.
₽15407
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
₽27183
₽42471
₽38228
₽38389
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

-
-
-
111 500
municipal
-
-
-
19 827
national
-
-
-
13 663
health
-
-
-
1 345
total
-
-
-
34 835
Employee
46 859
-
93 801
-
health
350
-
1 073
-
unemployment
703
-
1 406
-
national
774
-
8 315
-
municipal
7 675
-
15 298
-
pensions
3 162
-
6 331
-
total
12 664
-
32 423
-
Employer
46 859
-
93 801
-
unemployment
304
-
610
-
pensions
8 130
-
16 275
-
accident
47
-
93
-
health
360
-
722
-
total
8 841
-
17 700
-
Corporate
55 800
111 500
-
-
income
11 160
22 300
-
-
total
11 160
22 300
-
-
Dividends

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

33 480
66 900
-
-
national
225
4 736
-
-
municipal
6 027
12 042
-
-
total
6 252
16 778
-
-
Income
111 500
111 500
111 500
111 500
Total tax
38 917
39 078
50 123
34 835
After tax
72 583
72 422
61 377
76 665
Living cost
34 194
34 194
34 194
34 194
Free-cash
38 389
38 228
27 183
42 471

Estimated living cost  is ₽34194 per week

₽22336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

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
₽9316
₽17535
₽29978
₽16621
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
-
-
-
111 500
national
-
-
-
38 122
social contributions
-
-
-
17 744
communal

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

-
-
-
5 625
total
-
-
-
61 491
Employee

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

63 708
-
86 360
-
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.

2 993
-
4 060
-
communal

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

3 323
-
4 504
-
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.

554
-
752
-
national
19 586
-
28 778
-
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.

4 778
-
6 477
-
total
31 234
-
44 571
-
Employer

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

63 708
-
86 360
-
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.

930
-
1 261
-
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.

5 645
-
7 651
-
surtax
7 224
-
9 793
-
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.

828
-
1 122
-
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.

3 918
-
5 312
-
total
18 545
-
25 139
-
Corporate
29 247
111 500
-
-
income
5 850
22 300
-
-
surtax
117
446
-
-
total
5 967
22 746
-
-
Dividends
23 281
88 754
-
-
withholding

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

6 659
26 302
-
-
total
6 659
26 302
-
-
Income
111 500
111 500
111 500
111 500
Total tax
62 405
49 048
69 710
61 491
After tax
49 095
62 452
41 790
50 009
Living cost
32 474
32 474
32 474
32 474
Free-cash
16 621
29 978
9 316
17 535

Estimated living cost  is ₽32474 per week

₽20917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8209
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
₽22236
₽23211
₽24692
₽23880
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
-
-
-
111 500
municipal
-
-
-
26 398
national
-
-
-
2 728
health
-
-
-
4 949
accident
-
-
-
159
unemployment
-
-
-
79
pensions
-
-
-
8 573
other
-
-
-
9 216
total
-
-
-
52 102
Employee
51 564
-
86 581
-
national
-
-
2 339
-
municipal
15 376
-
25 818
-
total
15 376
-
28 157
-
Employer
51 564
-
86 581
-
unemployment
1 361
-
2 094
-
pensions
5 574
-
8 573
-
other
5 992
-
9 216
-
accident
103
-
159
-
health
3 171
-
4 878
-
total
16 201
-
24 920
-
Corporate
43 735
111 500
-
-
income
9 622
24 530
-
-
total
9 622
24 530
-
-
Dividends
34 113
86 970
-
-
withholding
10 234
26 091
-
-
total
10 234
26 091
-
-
Income
111 500
111 500
111 500
111 500
Total tax
51 433
50 621
53 077
52 102
After tax
60 067
60 879
58 423
59 398
Living cost
36 187
36 187
36 187
36 187
Free-cash
23 880
24 692
22 236
23 211

Estimated living cost  is ₽36187 per week

₽23984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽8103
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
₽60960
₽38324
₽29106
-₽22339
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
-
-
-
111 500
income
-
-
-
21 734
social contributions
-
-
-
12 711
total
-
-
-
34 445
Employee
55 535
-
-
-
income
12 250
-
-
-
social contributions
4 554
-
649
-
total
16 804
-
649
-
Employer
55 535
-
-
-
social contributions
78 304
-
11 160
-
total
78 304
-
11 160
-
Corporate
-
111 500
-
-
income
-
24 530
-
-
total
-
24 530
-
-
Dividends
-
86 970
-
-
income
-
19 133
-
-
total
-
19 133
-
-
Income
111 500
111 500
111 500
111 500
Total tax
95 108
43 663
11 809
34 445
After tax
16 392
67 837
99 691
77 055
Living cost
38 731
38 731
38 731
38 731
Free-cash
-22 339
29 106
60 960
38 324

Estimated living cost  is ₽38731 per week

₽25130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9464
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
₽48048
₽49237
₽52598
₽48906
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
-
-
-
111 500
income
-
-
-
16 122
social contributions
-
-
-
14 410
health
-
-
-
2 843
total
-
-
-
33 375
Employee
68 486
68 486
101 947
-
income
7 192
6 340
15 612
-
social contributions
3 328
5 684
7 667
-
health
681
1 165
1 732
-
total
11 201
13 189
25 011
-
Employer
68 486
68 486
101 947
-
social contributions
3 328
5 684
7 667
-
health
742
1 268
1 886
-
total
4 070
6 952
9 553
-
Corporate
67 341
36 062
-
-
income
8 417
4 508
-
-
total
8 417
4 508
-
-
Dividends
58 924
31 554
-
-
withholding
10 018
5 365
-
-
total
10 018
5 365
-
-
Income
111 500
111 500
111 500
111 500
Total tax
33 706
30 014
34 564
33 375
After tax
77 794
81 486
76 936
78 125
Living cost
28 888
28 888
28 888
28 888
Free-cash
48 906
52 598
48 048
49 237

Estimated living cost  is ₽28888 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽6399
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
₽34627
₽44943
₽45313
₽46646
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
-
-
-
111 500
income
-
-
-
27 577
pensions
-
-
-
6 951
total
-
-
-
34 528
Employee
43 964
-
97 776
-
income
8 006
-
20 701
-
health
573
-
1 575
-
pensions
3 356
-
8 844
-
total
11 935
-
31 120
-
Employer
43 964
-
97 776
-
pensions
4 442
-
11 867
-
health
836
-
1 857
-
total
5 278
-
13 724
-
Corporate
62 259
111 500
-
-
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.

11 829
21 185
-
-
total
11 829
21 185
-
-
Dividends
50 430
90 315
-
-
withholding
3 783
12 973
-
-
total
3 783
12 973
-
-
Income
111 500
111 500
111 500
111 500
Total tax
32 825
34 158
44 844
34 528
After tax
78 675
77 342
66 656
76 972
Living cost
32 029
32 029
32 029
32 029
Free-cash
46 646
45 313
34 627
44 943

Estimated living cost  is ₽32029 per week

₽21971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
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.
₽6709
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
₽13810
₽18911
₽23249
₽19199
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
-
-
-
111 500
municipal
-
-
-
745
regional
-
-
-
2 433
national
-
-
-
25 253
social contributions
-
-
-
28 677
total
-
-
-
57 108
Employee
75 051
-
111 500
-
regional
1 133
-
2 083
-
social contributions
25 307
-
37 598
-
national
12 683
-
21 862
-
municipal
448
-
666
-
total
39 571
-
62 209
-
Employer
75 051
-
111 500
-
total
-
-
-
-
Corporate
36 449
111 500
-
-
nationa
8 748
26 760
-
-
municipal
1 756
5 375
-
-
total
10 504
32 135
-
-
Dividends
25 944
79 365
-
-
withholding
6 745
20 635
-
-
total
6 745
20 635
-
-
Income
111 500
111 500
111 500
111 500
Total tax
56 820
52 770
62 209
57 108
After tax
54 680
58 730
49 291
54 392
Living cost
35 481
35 481
35 481
35 481
Free-cash
19 199
23 249
13 810
18 911

Estimated living cost  is ₽35481 per week

₽24923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
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
₽40692
₽57788
-₽9535
₽6183
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
-
-
-
111 500
income
-
-
-
29 266
health
-
-
-
1 841
accident
-
-
-
213
pensions
-
-
-
3 512
other
-
-
-
313
total
-
-
-
35 145
Employee
29 207
-
98 158
-
income
4 007
-
21 221
-
health
3 344
-
11 239
-
pensions
3 289
-
6 439
-
total
10 640
-
38 899
-
Employer
29 207
-
98 158
-
unemployment
716
-
2 405
-
pensions
4 749
-
9 298
-
accident
488
-
1 639
-
total
5 953
-
13 342
-
Corporate
76 341
111 500
-
-
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.

68 707
100 350
-
-
total
68 707
100 350
-
-
Dividends
7 634
11 150
-
-
withholding
1 450
2 118
-
-
total
1 450
2 118
-
-
Income
111 500
111 500
111 500
111 500
Total tax
86 750
102 468
52 241
35 145
After tax
24 750
9 032
59 259
76 355
Living cost
18 567
18 567
18 567
18 567
Free-cash
6 183
-9 535
40 692
57 788

Estimated living cost  is ₽18567 per week

₽13608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽3543
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
₽39978
₽29920
₽23074
₽34724
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.

-
-
-
111 500
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.

-
-
-
29 433
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.

-
-
-
6 085
trade
-
-
-
10 058
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.

-
-
-
1 619
total
-
-
-
47 195
Employee

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

44 315
-
111 500
-
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.

3 644
-
29 433
-
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.

6 085
-
6 085
-
surtax

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

201
-
1 619
-
total
9 930
-
37 137
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 185
111 500
-
-
chamber of commerce
233
299
-
-
income
10 078
16 724
-
-
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.

554
919
-
-
trade
9 641
16 001
-
-
total
20 506
33 943
-
-
Dividends
46 678
77 556
-
-
withholding
11 331
19 050
-
-
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.

624
1 048
-
-
total
11 955
20 098
-
-
Income
111 500
111 500
111 500
111 500
Total tax
42 391
54 041
37 137
47 195
After tax
69 109
57 459
74 363
64 305
Living cost
34 385
34 385
34 385
34 385
Free-cash
34 724
23 074
39 978
29 920

Estimated living cost  is ₽34385 per week

₽23720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3700
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.
₽6467
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
₽44063
₽13634
₽70671
₽63364
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.

-
-
-
111 500
microenterprise
-
-
-
-
income
-
-
-
16 781
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.

-
-
-
34 124
surtax
-
-
-
28 432
total
-
-
-
79 337
Employee
26 025
-
89 854
-
income
4 633
-
17 378
-
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.

2 863
-
9 884
-
surtax
-
-
-
-
total
7 496
-
27 262
-
Employer
26 025
-
89 854
-
social contributions

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

6 269
-
21 646
-
surtax
-
-
-
-
total
6 269
-
21 646
-
Corporate
79 206
111 500
-
-
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%.

15 842
22 300
-
-
total
15 842
22 300
-
-
Dividends

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

63 364
89 200
-
-
total
-
-
-
-
Income
111 500
111 500
111 500
111 500
Total tax
29 607
22 300
48 908
79 337
After tax
81 893
89 200
62 592
32 163
Living cost
18 529
18 529
18 529
18 529
Free-cash
63 364
70 671
44 063
13 634

Estimated living cost  is ₽18529 per week

₽11821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4523
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
₽53115
₽53946
₽57902
₽55984
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
-
-
-
111 500
income
-
-
-
31 192
health
-
-
-
6 173
pensions
-
-
-
8 515
total
-
-
-
45 880
Employee
17 780
-
101 921
-
income
3 440
-
30 745
-
health
889
-
2 129
-
unemployment
178
-
426
-
pensions
1 600
-
3 832
-
total
6 107
-
37 132
-
Employer
17 780
-
101 921
-
unemployment
356
-
851
-
pensions
1 956
-
4 683
-
health
1 689
-
4 045
-
total
4 001
-
9 579
-
Corporate
89 719
111 500
-
-
income
19 738
24 530
-
-
total
19 738
24 530
-
-
Dividends
69 981
86 970
-
-
withholding
13 996
17 394
-
-
total
13 996
17 394
-
-
Income
111 500
111 500
111 500
111 500
Total tax
43 842
41 924
46 711
45 880
After tax
67 658
69 576
64 789
65 620
Living cost
11 674
11 674
11 674
11 674
Free-cash
55 984
57 902
53 115
53 946

Estimated living cost  is ₽11674 per week

₽6937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽267
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.
₽3523
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
₽32004
₽33845
₽50128
₽47296
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
-
-
-
111 500
income
-
-
-
23 978
health
-
-
-
7 917
unemployment
-
-
-
203
surtax
-
-
-
3 252
pensions
-
-
-
22 300
other
-
-
-
-
total
-
-
-
57 650
Employee
29 994
-
92 110
-
other
-
-
-
-
income
5 028
-
22 236
-
health
766
-
2 349
-
unemployment
2 087
-
6 411
-
surtax
106
-
2 961
-
pensions
2 001
-
6 144
-
total
9 988
-
40 101
-
Employer
29 994
-
92 110
-
unemployment
952
-
2 921
-
pensions
3 999
-
12 279
-
other
-
-
-
-
health
1 364
-
4 190
-
total
6 315
-
19 390
-
Corporate
75 192
111 500
-
-
income
19 550
28 990
-
-
total
19 550
28 990
-
-
Dividends
55 642
82 510
-
-
withholding
8 346
12 377
-
-
total
8 346
12 377
-
-
Income
111 500
111 500
111 500
111 500
Total tax
44 199
41 367
59 491
57 650
After tax
67 301
70 133
52 009
53 850
Living cost
20 005
20 005
20 005
20 005
Free-cash
47 296
50 128
32 004
33 845

Estimated living cost  is ₽20005 per week

₽12078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽5725
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
₽2555
₽27507
₽33807
₽33366
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
-
-
-
111 500
income
-
-
-
22 461
chamber of commerce
-
-
-