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
₽ 112500
per

Your estimated
City
free-cash

Valencia , Spain
₽36421
₽40395
₽52650
₽48656
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
-
-
-
112 500
income
-
-
-
26 373
accident
-
-
-
690
unemployment
-
-
-
537
pensions
-
-
-
21 689
other
-
-
-
77
total
-
-
-
49 366
Employee
30 575
-
88 066
-
other
30
-
77
-
income
5 895
-
24 038
-
unemployment
474
-
1 188
-
pensions
1 437
-
3 603
-
total
7 836
-
28 906
-
Employer
30 575
-
88 066
-
unemployment
1 682
-
4 215
-
pensions
7 215
-
18 088
-
other
245
-
614
-
accident
606
-
1 517
-
total
9 748
-
24 434
-
Corporate
72 177
112 500
-
-
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.

10 826
16 875
-
-
total
10 826
16 875
-
-
Dividends
61 351
95 625
-
-
withholding
12 695
20 236
-
-
total
12 695
20 236
-
-
Income
112 500
112 500
112 500
112 500
Total tax
41 105
37 111
53 340
49 366
After tax
71 395
75 389
59 160
63 134
Living cost
22 739
22 739
22 739
22 739
Free-cash
48 656
52 650
36 421
40 395

Estimated living cost  is ₽22739 per week

₽15348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4806
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
₽42522
₽37870
₽60620
₽55033
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
-
-
-
112 500
income
-
-
-
15 303
health
-
-
-
4 949
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.

-
-
-
27 001
other
-
-
-
5 343
total
-
-
-
52 596
Employee
30 024
-
89 855
-
income
5 169
-
16 853
-
health
421
-
1 258
-
unemployment
300
-
899
-
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.

2 101
-
6 289
-
total
7 991
-
25 299
-
Employer
30 024
-
89 855
-
unemployment
300
-
899
-
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.

5 105
-
15 276
-
other
1 502
-
4 493
-
accident
240
-
719
-
health
421
-
1 258
-
total
7 568
-
22 645
-
Corporate
74 909
112 500
-
-
income
15 731
23 624
-
-
total
15 731
23 624
-
-
Dividends
59 178
88 876
-
-
withholding
4 143
6 222
-
-
total
4 143
6 222
-
-
Income
112 500
112 500
112 500
112 500
Total tax
35 433
29 846
47 944
52 596
After tax
77 067
82 654
64 556
59 904
Living cost
22 034
22 034
22 034
22 034
Free-cash
55 033
60 620
42 522
37 870

Estimated living cost  is ₽22034 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
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.
₽4623
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
₽81166
₽77109
₽85368
₽81533
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
-
-
-
112 500
income
-
-
-
16 875
health
-
-
-
3 315
unemployment
-
-
-
115
pensions

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

-
-
-
4 266
total
-
-
-
24 571
Employee
14 327
-
106 845
-
income
1 432
-
10 685
-
health
659
-
1 326
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 258
-
2 531
-
total
3 507
-
14 859
-
Employer
14 327
-
106 845
-
unemployment
86
-
173
-
pensions

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

1 579
-
3 176
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
989
-
1 989
-
total
2 812
-
5 655
-
Corporate
95 362
112 500
-
-
income
9 537
11 250
-
-
total
9 537
11 250
-
-
Dividends
85 825
101 250
-
-
withholding
4 291
5 062
-
-
total
4 291
5 062
-
-
Income
112 500
112 500
112 500
112 500
Total tax
20 147
16 312
20 514
24 571
After tax
92 353
96 188
91 986
87 929
Living cost
10 820
10 820
10 820
10 820
Free-cash
81 533
85 368
81 166
77 109

Estimated living cost  is ₽10820 per week

₽6317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
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.
₽3444
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
₽37249
₽35644
₽28410
₽33293
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
-
-
-
112 500
income
-
-
-
14 930
social contributions
-
-
-
3 206
health
-
-
-
3 722
surtax
-
-
-
-
pensions
-
-
-
23 220
other
-
-
-
3 487
total
-
-
-
48 565
Employee
35 390
-
89 025
-
income
2 089
-
15 569
-
social contributions
1 009
-
2 537
-
surtax
-
-
-
-
pensions
4 001
-
5 378
-
total
7 099
-
23 484
-
Employer
35 390
-
89 025
-
unemployment
1 433
-
3 606
-
social contributions
107
-
267
-
pensions
5 814
-
9 201
-
other
1 221
-
3 126
-
health
2 478
-
7 276
-
total
11 053
-
23 476
-
Corporate
66 058
112 500
-
-
income
18 496
31 500
-
-
surtax
-
-
-
-
total
18 496
31 500
-
-
Dividends
47 562
81 000
-
-
withholding
6 088
10 368
-
-
surtax
-
-
-
-
social contributions
8 180
13 931
-
-
total
14 268
24 299
-
-
Income
112 500
112 500
112 500
112 500
Total tax
50 916
55 799
46 960
48 565
After tax
61 584
56 701
65 540
63 935
Living cost
28 291
28 291
28 291
28 291
Free-cash
33 293
28 410
37 249
35 644

Estimated living cost  is ₽28291 per week

₽17839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7672
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
₽31050
₽29775
₽20565
₽15497
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
-
-
-
112 500
income
-
-
-
28 200
health
-
-
-
10 197
pensions
-
-
-
9 688
total
-
-
-
48 085
Employee
70 614
70 614
97 133
-
income

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

11 558
11 558
11 558
-
health
10 838
9 219
10 197
-
pensions
12 711
9 688
9 688
-
total
35 107
30 465
31 443
-
Employer
70 614
70 614
97 133
-
unemployment
2 542
2 542
3 159
-
pensions
4 915
4 915
6 109
-
health
4 908
4 908
6 099
-
total
12 365
12 365
15 367
-
Corporate
30 387
29 521
-
-
income
6 078
5 905
-
-
total
6 078
5 905
-
-
Dividends
24 309
23 616
-
-
withholding
3 647
3 542
-
-
income
5 166
5 018
-
-
total
8 813
8 560
-
-
Income
112 500
112 500
112 500
112 500
Total tax
62 363
57 295
46 810
48 085
After tax
50 137
55 205
65 690
64 415
Living cost
34 640
34 640
34 640
34 640
Free-cash
15 497
20 565
31 050
29 775

Estimated living cost  is ₽34640 per week

₽24549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽6418
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
₽48997
₽37333
₽31750
₽40896
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.

-
-
-
112 500
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.

-
-
-
31 098
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.

-
-
-
5 649
trade
-
-
-
11 664
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.

-
-
-
1 710
total
-
-
-
50 121
Employee

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

31 627
-
112 500
-
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.

883
-
31 098
-
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.

5 649
-
5 649
-
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.

49
-
1 710
-
total
6 581
-
38 457
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 873
112 500
-
-
chamber of commerce
242
287
-
-
income
12 131
16 875
-
-
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.

667
927
-
-
trade
12 737
17 719
-
-
total
25 777
35 808
-
-
Dividends
55 095
76 691
-
-
withholding
13 459
18 859
-
-
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.

741
1 037
-
-
total
14 200
19 896
-
-
Income
112 500
112 500
112 500
112 500
Total tax
46 558
55 704
38 457
50 121
After tax
65 942
56 796
74 043
62 379
Living cost
25 046
25 046
25 046
25 046
Free-cash
40 896
31 750
48 997
37 333

Estimated living cost  is ₽25046 per week

₽15755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽5903
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
₽58329
₽59409
₽63034
₽58533
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
-
-
-
112 500
income
-
-
-
17 699
social contributions
-
-
-
13 379
health
-
-
-
2 868
total
-
-
-
33 946
Employee
63 585
63 585
103 468
-
income
6 923
5 886
17 117
-
social contributions
2 404
5 277
7 118
-
health
493
1 081
1 759
-
total
9 820
12 244
25 994
-
Employer
63 585
63 585
103 468
-
social contributions
2 404
5 277
7 118
-
health
535
1 177
1 914
-
total
2 939
6 454
9 032
-
Corporate
80 596
42 461
-
-
income
10 074
5 307
-
-
total
10 074
5 307
-
-
Dividends
70 522
37 154
-
-
withholding
11 989
6 316
-
-
total
11 989
6 316
-
-
Income
112 500
112 500
112 500
112 500
Total tax
34 822
30 321
35 026
33 946
After tax
77 678
82 179
77 474
78 554
Living cost
19 145
19 145
19 145
19 145
Free-cash
58 533
63 034
58 329
59 409

Estimated living cost  is ₽19145 per week

₽11474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5370
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
₽27909
₽35436
₽38053
₽37222
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.

-
-
-
112 500
income
-
-
-
12 034
social contributions

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

-
-
-
39 093
surtax
-
-
-
-
total
-
-
-
51 127
Employee
38 031
-
90 909
-
income
7 911
-
27 062
-
social contributions
4 183
-
10 001
-
surtax
-
-
-
-
total
12 094
-
37 063
-
Employer
38 031
-
90 909
-
social contributions
9 032
-
21 591
-
total
9 032
-
21 591
-
Corporate
65 437
112 500
-
-
income
13 741
23 624
-
-
surtax
-
-
-
-
total
13 741
23 624
-
-
Dividends
51 695
88 876
-
-
withholding
14 474
24 886
-
-
total
14 474
24 886
-
-
Income
112 500
112 500
112 500
112 500
Total tax
49 341
48 510
58 654
51 127
After tax
63 159
63 990
53 846
61 373
Living cost
25 937
25 937
25 937
25 937
Free-cash
37 222
38 053
27 909
35 436

Estimated living cost  is ₽25937 per week

₽19406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽4568
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
₽83814
₽105189
₽100689
₽99530
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%.

-
-
-
112 500
microenterprise

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

-
-
-
1 125
total
-
-
-
1 125
Employee
7 732
-
112 500
-
income
1 546
-
22 500
-
total
1 546
-
22 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

104 768
112 500
-
-
total
-
-
-
-
Dividends
104 768
112 500
-
-
withholding
5 238
5 625
-
-
total
5 238
5 625
-
-
Income
112 500
112 500
112 500
112 500
Total tax
6 784
5 625
22 500
1 125
After tax
105 716
106 875
90 000
111 375
Living cost
6 186
6 186
6 186
6 186
Free-cash
99 530
100 689
83 814
105 189

Estimated living cost  is ₽6186 per week

₽3833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
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.
₽1668
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
₽31470
₽34448
₽55276
₽48359
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.

-
-
-
112 500
income
-
-
-
24 087
health
-
-
-
11 071
unemployment
-
-
-
169
pensions
-
-
-
20 546
total
-
-
-
55 873
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.

36 566
-
97 345
-
income
6 306
-
22 183
-
health
2 362
-
6 288
-
unemployment
52
-
137
-
pensions
5 668
-
15 088
-
total
14 388
-
43 696
-
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.

36 566
-
97 345
-
unemployment
22
-
58
-
pensions
3 236
-
8 615
-
health
2 435
-
6 482
-
total
5 693
-
15 155
-
Corporate
70 241
112 500
-
-
income
13 346
21 376
-
-
total
13 346
21 376
-
-
Dividends
56 895
91 124
-
-
withholding
8 535
13 669
-
-
total
8 535
13 669
-
-
Income
112 500
112 500
112 500
112 500
Total tax
41 962
35 045
58 851
55 873
After tax
70 538
77 455
53 649
56 627
Living cost
22 179
22 179
22 179
22 179
Free-cash
48 359
55 276
31 470
34 448

Estimated living cost  is ₽22179 per week

₽15221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5108
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
₽51995
₽53514
₽38740
₽41628
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.

-
-
-
112 500
income
-
-
-
23 538
health

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

-
-
-
5 431
total
-
-
-
28 969
Employee
37 933
-
108 696
-
social contributions
3 801
-
3 804
-
income
4 116
-
22 880
-
total
7 917
-
26 684
-
Employer
37 933
-
108 696
-
social contributions
3 801
-
3 804
-
total
3 801
-
3 804
-
Corporate
70 766
112 500
-
-
income
24 768
39 374
-
-
total
24 768
39 374
-
-
Dividends
45 998
73 126
-
-
social contributions
4 369
4 369
-
-
total
4 369
4 369
-
-
Income
112 500
112 500
112 500
112 500
Total tax
40 855
43 743
30 488
28 969
After tax
71 645
68 757
82 012
83 531
Living cost
30 017
30 017
30 017
30 017
Free-cash
41 628
38 740
51 995
53 514

Estimated living cost  is ₽30017 per week

₽19772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7418
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
₽53366
₽54713
₽51100
₽51530
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
-
-
-
112 500
income
-
-
-
16 875
social contributions
-
-
-
15 526
health
-
-
-
7 852
total
-
-
-
40 253
Employee
28 037
-
112 500
-
income
4 676
-
18 222
-
social contributions
3 870
-
15 526
-
health
1 957
-
7 852
-
total
10 503
-
41 600
-
Employer
28 037
-
112 500
-
total
-
-
-
-
Corporate
84 463
112 500
-
-
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%.

4 223
5 626
-
-
total
4 223
5 626
-
-
Dividends
80 240
106 874
-
-
withholding
12 036
16 031
-
-
health
5 600
7 460
-
-
social contributions
11 074
14 749
-
-
total
28 710
38 240
-
-
Income
112 500
112 500
112 500
112 500
Total tax
43 436
43 866
41 600
40 253
After tax
69 064
68 634
70 900
72 247
Living cost
17 534
17 534
17 534
17 534
Free-cash
51 530
51 100
53 366
54 713

Estimated living cost  is ₽17534 per week

₽11734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
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
₽34424
₽37554
₽54791
₽46704
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
-
-
-
112 500
income
-
-
-
10 627
social contributions
-
-
-
26 467
solidarity contribution
-
-
-
-
health
-
-
-
15 187
total
-
-
-
52 281
Employee
33 331
-
83 955
-
solidarity contribution
-
-
-
-
income
4 000
-
10 075
-
social contributions
2 167
-
5 457
-
health
4 500
-
11 334
-
total
10 667
-
26 866
-
Employer
33 331
-
83 955
-
social contributions
8 333
-
20 989
-
health
3 000
-
7 556
-
total
11 333
-
28 545
-
Corporate
67 836
112 500
-
-
income
12 889
21 375
-
-
total
12 889
21 375
-
-
Dividends
54 947
91 125
-
-
withholding
8 242
13 669
-
-
total
8 242
13 669
-
-
Income
112 500
112 500
112 500
112 500
Total tax
43 131
35 044
55 411
52 281
After tax
69 369
77 456
57 089
60 219
Living cost
22 665
22 665
22 665
22 665
Free-cash
46 704
54 791
34 424
37 554

Estimated living cost  is ₽22665 per week

₽16855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽4162
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
₽80361
₽101736
₽97236
₽95429
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%.

-
-
-
112 500
microenterprise

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

-
-
-
1 125
total
-
-
-
1 125
Employee
12 049
-
112 500
-
income
2 410
-
22 500
-
total
2 410
-
22 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

100 451
112 500
-
-
total
-
-
-
-
Dividends
100 451
112 500
-
-
withholding
5 022
5 625
-
-
total
5 022
5 625
-
-
Income
112 500
112 500
112 500
112 500
Total tax
7 432
5 625
22 500
1 125
After tax
105 068
106 875
90 000
111 375
Living cost
9 639
9 639
9 639
9 639
Free-cash
95 429
97 236
80 361
101 736

Estimated living cost  is ₽9639 per week

₽6523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
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.
₽2388
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
₽25602
₽23997
₽16763
₽22445
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
-
-
-
112 500
income
-
-
-
14 930
social contributions
-
-
-
3 206
health
-
-
-
3 722
surtax
-
-
-
-
pensions
-
-
-
23 220
other
-
-
-
3 487
total
-
-
-
48 565
Employee
51 790
-
89 025
-
income
4 519
-
15 569
-
social contributions
1 475
-
2 537
-
surtax
-
-
-
-
pensions
5 858
-
5 378
-
total
11 852
-
23 484
-
Employer
51 790
-
89 025
-
unemployment
2 098
-
3 606
-
social contributions
155
-
267
-
pensions
8 510
-
9 201
-
other
1 787
-
3 126
-
health
3 625
-
7 276
-
total
16 175
-
23 476
-
Corporate
44 534
112 500
-
-
income
12 469
31 500
-
-
surtax
-
-
-
-
total
12 469
31 500
-
-
Dividends
32 065
81 000
-
-
withholding
4 105
10 368
-
-
surtax
-
-
-
-
social contributions
5 516
13 931
-
-
total
9 621
24 299
-
-
Income
112 500
112 500
112 500
112 500
Total tax
50 117
55 799
46 960
48 565
After tax
62 383
56 701
65 540
63 935
Living cost
39 938
39 938
39 938
39 938
Free-cash
22 445
16 763
25 602
23 997

Estimated living cost  is ₽39938 per week

₽27029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
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.
₽9094
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
₽50549
₽50549
₽67031
₽62976
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.

-
-
-
112 500
income
-
-
-
24 683
health
-
-
-
6 272
unemployment
-
-
-
913
pensions
-
-
-
15 833
total
-
-
-
47 701
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.

21 488
-
101 600
-
income
2 962
-
24 683
-
health
1 107
-
3 136
-
unemployment
161
-
457
-
pensions
3 008
-
8 525
-
total
7 238
-
36 801
-
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.

21 488
-
101 600
-
unemployment
161
-
457
-
pensions
2 579
-
7 307
-
health
1 107
-
3 136
-
total
3 847
-
10 900
-
Corporate
87 166
112 500
-
-
income
13 075
16 875
-
-
total
13 075
16 875
-
-
Dividends
74 091
95 625
-
-
withholding
11 114
14 344
-
-
total
11 114
14 344
-
-
Income
112 500
112 500
112 500
112 500
Total tax
35 274
31 219
47 701
47 701
After tax
77 226
81 281
64 799
64 799
Living cost
14 250
14 250
14 250
14 250
Free-cash
62 976
67 031
50 549
50 549

Estimated living cost  is ₽14250 per week

₽9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽3141
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
₽28702
₽34166
-₽6425
₽18335
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
-
-
-
112 500
regional
-
-
-
5 038
national
-
-
-
1 389
health
-
-
-
253
city
-
-
-
1 186
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.

-
-
-
2 250
pensions
-
-
-
10 350
total
-
-
-
20 466
Employee
67 720
-
100 695
-
regional
2 217
-
4 338
-
city
727
-
1 082
-
health
153
-
226
-
unemployment
-
-
-
-
national
321
-
1 128
-
pensions
5 689
-
8 458
-
total
9 107
-
15 232
-
Employer
67 720
-
100 695
-
unemployment
-
-
-
-
pensions
5 689
-
8 458
-
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.

1 354
-
2 014
-
health
153
-
226
-
total
7 196
-
10 698
-
Corporate
36 839
112 500
-
-
regional
7 791
23 793
-
-
national
3 132
9 563
-
-
total
10 923
33 356
-
-
Dividends
25 916
79 144
-
-
withholding
9 071
27 701
-
-
total
9 071
27 701
-
-
Income
112 500
112 500
112 500
112 500
Total tax
36 297
61 057
25 930
20 466
After tax
76 203
51 443
86 570
92 034
Living cost
57 868
57 868
57 868
57 868
Free-cash
18 335
-6 425
28 702
34 166

Estimated living cost  is ₽57868 per week

₽37631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
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.
₽14333
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
₽29377
₽44802
₽40776
₽41531
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

-
-
-
112 500
municipal
-
-
-
20 001
national
-
-
-
14 563
health
-
-
-
1 387
total
-
-
-
35 951
Employee
43 505
-
94 643
-
health
325
-
1 113
-
unemployment
653
-
1 420
-
national
719
-
9 168
-
municipal
7 126
-
15 430
-
pensions
2 936
-
6 388
-
total
11 759
-
33 519
-
Employer
43 505
-
94 643
-
unemployment
282
-
615
-
pensions
7 548
-
16 420
-
accident
44
-
94
-
health
334
-
728
-
total
8 208
-
17 857
-
Corporate
60 787
112 500
-
-
income
12 157
22 501
-
-
total
12 157
22 501
-
-
Dividends

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

36 472
67 499
-
-
national
532
5 326
-
-
municipal
6 566
12 150
-
-
total
7 098
17 476
-
-
Income
112 500
112 500
112 500
112 500
Total tax
39 222
39 977
51 376
35 951
After tax
73 278
72 523
61 124
76 549
Living cost
31 747
31 747
31 747
31 747
Free-cash
41 531
40 776
29 377
44 802

Estimated living cost  is ₽31747 per week

₽20737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
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.
₽7452
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
₽11308
₽19673
₽32836
₽20435
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
-
-
-
112 500
national
-
-
-
39 247
social contributions
-
-
-
17 745
communal

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

-
-
-
5 685
total
-
-
-
62 677
Employee

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

59 149
-
87 135
-
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.

2 779
-
4 096
-
communal

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

3 085
-
4 544
-
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.

515
-
758
-
national
18 185
-
29 743
-
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.

4 436
-
6 536
-
total
29 000
-
45 677
-
Employer

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

59 149
-
87 135
-
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.

863
-
1 273
-
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.

5 241
-
7 720
-
surtax
6 707
-
9 880
-
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.

769
-
1 133
-
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.

3 637
-
5 359
-
total
17 217
-
25 365
-
Corporate
36 134
112 500
-
-
income
7 226
22 501
-
-
surtax
144
450
-
-
total
7 370
22 951
-
-
Dividends
28 764
89 549
-
-
withholding

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

8 328
26 563
-
-
total
8 328
26 563
-
-
Income
112 500
112 500
112 500
112 500
Total tax
61 915
49 514
71 042
62 677
After tax
50 585
62 986
41 458
49 823
Living cost
30 150
30 150
30 150
30 150
Free-cash
20 435
32 836
11 308
19 673

Estimated living cost  is ₽30150 per week

₽19420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽7622
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
₽24768
₽25684
₽27418
₽26655
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
-
-
-
112 500
municipal
-
-
-
27 109
national
-
-
-
4 107
health
-
-
-
4 651
accident
-
-
-
149
unemployment
-
-
-
75
pensions
-
-
-
8 057
other
-
-
-
8 661
total
-
-
-
52 809
Employee
48 457
-
89 082
-
national
-
-
3 742
-
municipal
14 450
-
26 564
-
total
14 450
-
30 306
-
Employer
48 457
-
89 082
-
unemployment
1 279
-
1 968
-
pensions
5 238
-
8 057
-
other
5 631
-
8 661
-
accident
97
-
149
-
health
2 980
-
4 584
-
total
15 225
-
23 419
-
Corporate
48 818
112 500
-
-
income
10 740
24 750
-
-
total
10 740
24 750
-
-
Dividends
38 078
87 750
-
-
withholding
11 423
26 325
-
-
total
11 423
26 325
-
-
Income
112 500
112 500
112 500
112 500
Total tax
51 838
51 075
53 725
52 809
After tax
60 662
61 425
58 775
59 691
Living cost
34 007
34 007
34 007
34 007
Free-cash
26 655
27 418
24 768
25 684

Estimated living cost  is ₽34007 per week

₽22538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽7615
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
₽63307
₽40048
₽30746
-₽17773
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
-
-
-
112 500
income
-
-
-
21 928
social contributions
-
-
-
12 825
total
-
-
-
34 753
Employee
54 055
-
-
-
income
11 923
-
-
-
social contributions
4 433
-
632
-
total
16 356
-
632
-
Employer
54 055
-
-
-
social contributions
76 218
-
10 862
-
total
76 218
-
10 862
-
Corporate
-
112 500
-
-
income
-
24 750
-
-
total
-
24 750
-
-
Dividends
-
87 750
-
-
income
-
19 305
-
-
total
-
19 305
-
-
Income
112 500
112 500
112 500
112 500
Total tax
92 574
44 055
11 494
34 753
After tax
19 926
68 445
101 006
77 747
Living cost
37 699
37 699
37 699
37 699
Free-cash
-17 773
30 746
63 307
40 048

Estimated living cost  is ₽37699 per week

₽24461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽9212
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
₽50653
₽51734
₽55358
₽51928
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
-
-
-
112 500
income
-
-
-
17 699
social contributions
-
-
-
13 379
health
-
-
-
2 868
total
-
-
-
33 946
Employee
63 585
63 585
103 468
-
income
6 677
5 886
17 117
-
social contributions
3 090
5 277
7 118
-
health
632
1 081
1 759
-
total
10 399
12 244
25 994
-
Employer
63 585
63 585
103 468
-
social contributions
3 090
5 277
7 118
-
health
689
1 177
1 914
-
total
3 779
6 454
9 032
-
Corporate
71 502
42 461
-
-
income
8 938
5 307
-
-
total
8 938
5 307
-
-
Dividends
62 564
37 154
-
-
withholding
10 636
6 316
-
-
total
10 636
6 316
-
-
Income
112 500
112 500
112 500
112 500
Total tax
33 752
30 321
35 026
33 946
After tax
78 748
82 179
77 474
78 554
Living cost
26 820
26 820
26 820
26 820
Free-cash
51 928
55 358
50 653
51 734

Estimated living cost  is ₽26820 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5941
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
₽36341
₽46693
₽46741
₽49476
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
-
-
-
112 500
income
-
-
-
28 878
pensions
-
-
-
6 705
total
-
-
-
35 583
Employee
41 487
-
98 560
-
income
7 555
-
21 975
-
health
541
-
1 549
-
pensions
3 166
-
8 471
-
total
11 262
-
31 995
-
Employer
41 487
-
98 560
-
pensions
4 192
-
12 067
-
health
788
-
1 873
-
total
4 980
-
13 940
-
Corporate
66 033
112 500
-
-
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.

12 546
21 375
-
-
total
12 546
21 375
-
-
Dividends
53 487
91 125
-
-
withholding
4 012
14 160
-
-
total
4 012
14 160
-
-
Income
112 500
112 500
112 500
112 500
Total tax
32 800
35 535
45 935
35 583
After tax
79 700
76 965
66 565
76 917
Living cost
30 224
30 224
30 224
30 224
Free-cash
49 476
46 741
36 341
46 693

Estimated living cost  is ₽30224 per week

₽20734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6331
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
₽16223
₽21371
₽26315
₽22555
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
-
-
-
112 500
municipal
-
-
-
752
regional
-
-
-
2 521
national
-
-
-
25 980
social contributions
-
-
-
28 934
total
-
-
-
58 187
Employee
69 680
-
112 500
-
regional
1 052
-
2 168
-
social contributions
23 496
-
37 935
-
national
11 775
-
22 560
-
municipal
416
-
672
-
total
36 739
-
63 335
-
Employer
69 680
-
112 500
-
total
-
-
-
-
Corporate
42 820
112 500
-
-
nationa
10 277
27 000
-
-
municipal
2 063
5 423
-
-
total
12 340
32 423
-
-
Dividends
30 480
80 077
-
-
withholding
7 924
20 820
-
-
total
7 924
20 820
-
-
Income
112 500
112 500
112 500
112 500
Total tax
57 003
53 243
63 335
58 187
After tax
55 497
59 257
49 165
54 313
Living cost
32 942
32 942
32 942
32 942
Free-cash
22 555
26 315
16 223
21 371

Estimated living cost  is ₽32942 per week

₽23139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
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.
₽7038
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
₽42904
₽59707
-₽8181
₽6461
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
-
-
-
112 500
income
-
-
-
30 026
health
-
-
-
1 714
accident
-
-
-
198
pensions
-
-
-
3 271
other
-
-
-
291
total
-
-
-
35 500
Employee
27 203
-
99 731
-
income
3 732
-
22 119
-
health
3 115
-
11 419
-
pensions
3 063
-
5 997
-
total
9 910
-
39 535
-
Employer
27 203
-
99 731
-
unemployment
666
-
2 443
-
pensions
4 423
-
8 660
-
accident
454
-
1 665
-
total
5 543
-
12 768
-
Corporate
79 753
112 500
-
-
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.

71 778
101 250
-
-
total
71 778
101 250
-
-
Dividends
7 975
11 250
-
-
withholding
1 515
2 138
-
-
total
1 515
2 138
-
-
Income
112 500
112 500
112 500
112 500
Total tax
88 746
103 388
52 303
35 500
After tax
23 754
9 112
60 197
77 000
Living cost
17 293
17 293
17 293
17 293
Free-cash
6 461
-8 181
42 904
59 707

Estimated living cost  is ₽17293 per week

₽12674
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
₽42119
₽31492
₽26030
₽36846
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.

-
-
-
112 500
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.

-
-
-
31 098
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.

-
-
-
5 649
trade
-
-
-
10 627
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.

-
-
-
1 710
total
-
-
-
49 084
Employee

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

41 143
-
112 500
-
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.

3 383
-
31 098
-
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.

5 649
-
5 649
-
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.

187
-
1 710
-
total
9 219
-
38 457
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 357
112 500
-
-
chamber of commerce
231
290
-
-
income
10 704
16 875
-
-
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.

588
927
-
-
trade
10 239
16 144
-
-
total
21 762
34 236
-
-
Dividends
49 595
78 263
-
-
withholding
12 084
19 251
-
-
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.

665
1 059
-
-
total
12 749
20 310
-
-
Income
112 500
112 500
112 500
112 500
Total tax
43 730
54 546
38 457
49 084
After tax
68 770
57 954
74 043
63 416
Living cost
31 924
31 924
31 924
31 924
Free-cash
36 846
26 030
42 119
31 492

Estimated living cost  is ₽31924 per week

₽22022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽6004
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
₽45868
₽17280
₽72796
₽66015
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.

-
-
-
112 500
microenterprise
-
-
-
-
income
-
-
-
17 647
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.

-
-
-
31 682
surtax
-
-
-
28 688
total
-
-
-
78 017
Employee
24 162
-
90 660
-
income
4 301
-
17 617
-
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.

2 658
-
9 972
-
surtax
-
-
-
-
total
6 959
-
27 589
-
Employer
24 162
-
90 660
-
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.

5 820
-
21 840
-
surtax
-
-
-
-
total
5 820
-
21 840
-
Corporate
82 517
112 500
-
-
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%.

16 503
22 501
-
-
total
16 503
22 501
-
-
Dividends

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

66 014
89 999
-
-
total
-
-
-
-
Income
112 500
112 500
112 500
112 500
Total tax
29 282
22 501
49 429
78 017
After tax
83 218
89 999
63 071
34 483
Living cost
17 203
17 203
17 203
17 203
Free-cash
66 015
72 796
45 868
17 280

Estimated living cost  is ₽17203 per week

₽10975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4199
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
₽55415
₽56175
₽59521
₽57767
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
-
-
-
112 500
income
-
-
-
32 210
health
-
-
-
5 647
pensions
-
-
-
7 789
total
-
-
-
45 646
Employee
16 264
-
103 737
-
income
3 146
-
31 801
-
health
813
-
1 947
-
unemployment
163
-
390
-
pensions
1 464
-
3 505
-
total
5 586
-
37 643
-
Employer
16 264
-
103 737
-
unemployment
325
-
779
-
pensions
1 789
-
4 284
-
health
1 545
-
3 700
-
total
3 659
-
8 763
-
Corporate
92 576
112 500
-
-
income
20 367
24 750
-
-
total
20 367
24 750
-
-
Dividends
72 209
87 750
-
-
withholding
14 442
17 550
-
-
total
14 442
17 550
-
-
Income
112 500
112 500
112 500
112 500
Total tax
44 054
42 300
46 406
45 646
After tax
68 446
70 200
66 094
66 854
Living cost
10 679
10 679
10 679
10 679
Free-cash
57 767
59 521
55 415
56 175

Estimated living cost  is ₽10679 per week

₽6346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽245
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.
₽3222
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
₽32670
₽34808
₽52189
₽49560
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
-
-
-
112 500
income
-
-
-
25 470
health
-
-
-
7 835
unemployment
-
-
-
188
surtax
-
-
-
3 554
pensions
-
-
-
22 072
other
-
-
-
-
total
-
-
-
59 119
Employee
27 847
-
92 937
-
other
-
-
-
-
income
4 668
-
23 444
-
health
711
-
2 369
-
unemployment
1 938
-
6 468
-
surtax
99
-
3 215
-
pensions
1 858
-
6 198
-
total
9 274
-
41 694
-
Employer
27 847
-
92 937
-
unemployment
883
-
2 945
-
pensions
3 713
-
12 389
-
other
-
-
-
-
health
1 266
-
4 229
-
total
5 862
-
19 563
-
Corporate
78 790
112 500
-
-
income
20 486
29 250
-
-
total
20 486
29 250
-
-
Dividends
58 304
83 250
-
-
withholding
8 745
12 488
-
-
total
8 745
12 488
-
-
Income
112 500
112 500
112 500
112 500
Total tax
44 367
41 738
61 257
59 119
After tax
68 133
70 762
51 243
53 381
Living cost
18 573
18 573
18 573
18 573
Free-cash
49 560
52 189
32 670
34 808

Estimated living cost  is ₽18573 per week

₽11213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5315
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
₽3939
₽30712
₽36269
₽35862
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
-
-
-
112 500
income
-
-
-
24 624
chamber of commerce
-
-
-