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
₽ 113500
per

Your estimated
City
free-cash

Valencia , Spain
₽49607
₽37408
₽41343
₽53523
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
-
-
-
113 500
unemployment
-
-
-
531
income
-
-
-
26 899
other
-
-
-
76
accident
-
-
-
683
pensions
-
-
-
21 465
total
-
-
-
49 654
Employee
30 259
-
89 319
-
unemployment
469
-
1 176
-
pensions
1 423
-
3 566
-
income
5 834
-
24 590
-
other
30
-
76
-
total
7 756
-
29 408
-
Employer
30 259
-
89 319
-
pensions
7 140
-
17 901
-
accident
599
-
1 502
-
unemployment
1 665
-
4 171
-
other
242
-
607
-
total
9 646
-
24 181
-
Corporate
73 594
113 500
-
-
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.

11 038
17 025
-
-
total
11 038
17 025
-
-
Dividends
62 556
96 475
-
-
withholding
12 950
20 449
-
-
total
12 950
20 449
-
-
Income
113 500
113 500
113 500
113 500
Total tax
41 390
37 474
53 589
49 654
After tax
72 110
76 026
59 911
63 846
Living cost
22 503
22 503
22 503
22 503
Free-cash
49 607
53 523
37 408
41 343

Estimated living cost  is ₽22503 per week

₽15189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4757
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
₽56057
₽43258
₽38563
₽61583
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
-
-
-
113 500
pensions

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

-
-
-
27 240
income
-
-
-
15 506
other
-
-
-
5 392
health
-
-
-
4 994
total
-
-
-
53 132
Employee
29 713
-
90 655
-
health
416
-
1 269
-
unemployment
297
-
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.

2 079
-
6 345
-
income
5 115
-
17 070
-
total
7 907
-
25 591
-
Employer
29 713
-
90 655
-
health
416
-
1 269
-
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.

5 052
-
15 412
-
accident
238
-
725
-
unemployment
297
-
907
-
other
1 486
-
4 533
-
total
7 489
-
22 846
-
Corporate
76 299
113 500
-
-
income
16 023
23 835
-
-
total
16 023
23 835
-
-
Dividends
60 275
89 665
-
-
withholding
4 219
6 277
-
-
total
4 219
6 277
-
-
Income
113 500
113 500
113 500
113 500
Total tax
35 638
30 112
48 437
53 132
After tax
77 862
83 388
65 063
60 368
Living cost
21 805
21 805
21 805
21 805
Free-cash
56 057
61 583
43 258
38 563

Estimated living cost  is ₽21805 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1472
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4575
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
₽82513
₽82236
₽78115
₽86313
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
-
-
-
113 500
pensions

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

-
-
-
4 230
unemployment
-
-
-
114
income
-
-
-
17 025
health
-
-
-
3 287
total
-
-
-
24 656
Employee
14 206
-
107 892
-
health
653
-
1 315
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
pensions

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

1 247
-
2 510
-
income
1 420
-
10 789
-
total
3 476
-
14 928
-
Employer
14 206
-
107 892
-
health
981
-
1 972
-
pensions

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

1 566
-
3 150
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
171
-
total
2 788
-
5 607
-
Corporate
96 506
113 500
-
-
income
9 651
11 350
-
-
total
9 651
11 350
-
-
Dividends
86 855
102 150
-
-
withholding
4 343
5 108
-
-
total
4 343
5 108
-
-
Income
113 500
113 500
113 500
113 500
Total tax
20 258
16 458
20 535
24 656
After tax
93 242
97 042
92 965
88 844
Living cost
10 729
10 729
10 729
10 729
Free-cash
82 513
86 313
82 236
78 115

Estimated living cost  is ₽10729 per week

₽6264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽284
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3415
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
₽34038
₽37807
₽36460
₽29205
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
-
-
-
113 500
income
-
-
-
15 288
other
-
-
-
3 519
health
-
-
-
3 842
social contributions
-
-
-
3 233
pensions
-
-
-
23 160
surtax
-
-
-
-
total
-
-
-
49 042
Employee
35 024
-
89 659
-
pensions
3 960
-
5 480
-
income
2 067
-
15 818
-
social contributions
999
-
2 555
-
surtax
-
-
-
-
total
7 026
-
23 853
-
Employer
35 024
-
89 659
-
health
2 452
-
7 404
-
social contributions
106
-
269
-
pensions
5 754
-
9 362
-
unemployment
1 418
-
3 631
-
other
1 208
-
3 176
-
total
10 938
-
23 842
-
Corporate
67 539
113 500
-
-
income
18 910
31 780
-
-
surtax
-
-
-
-
total
18 910
31 780
-
-
Dividends
48 629
81 720
-
-
social contributions
8 366
14 056
-
-
surtax
-
-
-
-
withholding
6 224
10 461
-
-
total
14 590
24 517
-
-
Income
113 500
113 500
113 500
113 500
Total tax
51 464
56 297
47 695
49 042
After tax
62 036
57 203
65 805
64 458
Living cost
27 998
27 998
27 998
27 998
Free-cash
34 038
29 205
37 807
36 460

Estimated living cost  is ₽27998 per week

₽17654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7592
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
₽16441
₽32893
₽30513
₽21455
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
-
-
-
113 500
pensions
-
-
-
9 588
income
-
-
-
29 027
health
-
-
-
10 091
total
-
-
-
48 706
Employee
69 883
69 883
98 292
-
health
10 726
9 124
10 091
-
pensions
12 579
9 588
9 588
-
income

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

11 439
11 439
11 439
-
total
34 744
30 151
31 118
-
Employer
69 883
69 883
98 292
-
health
4 858
4 858
6 036
-
pensions
4 864
4 864
6 046
-
unemployment
2 516
2 516
3 126
-
total
12 238
12 238
15 208
-
Corporate
32 237
31 380
-
-
income
6 448
6 275
-
-
total
6 448
6 275
-
-
Dividends
25 789
25 104
-
-
income
5 480
5 334
-
-
withholding
3 868
3 766
-
-
total
9 348
9 100
-
-
Income
113 500
113 500
113 500
113 500
Total tax
62 778
57 764
46 326
48 706
After tax
50 722
55 736
67 174
64 794
Living cost
34 281
34 281
34 281
34 281
Free-cash
16 441
21 455
32 893
30 513

Estimated living cost  is ₽34281 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽6352
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
₽41560
₽49695
₽37812
₽32509
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.

-
-
-
113 500
trade
-
-
-
11 883
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.

-
-
-
31 685
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.

-
-
-
5 591
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.

-
-
-
1 742
total
-
-
-
50 901
Employee

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

31 300
-
113 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 591
-
5 591
-
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.

874
-
31 685
-
surtax

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

48
-
1 742
-
total
6 513
-
39 018
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 200
113 500
-
-
income
12 330
17 025
-
-
trade
12 947
17 876
-
-
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.

679
936
-
-
chamber of commerce
242
287
-
-
total
26 198
36 124
-
-
Dividends
56 002
77 375
-
-
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.

753
1 047
-
-
withholding
13 689
19 033
-
-
total
14 442
20 080
-
-
Income
113 500
113 500
113 500
113 500
Total tax
47 153
56 204
39 018
50 901
After tax
66 347
57 296
74 482
62 599
Living cost
24 787
24 787
24 787
24 787
Free-cash
41 560
32 509
49 695
37 812

Estimated living cost  is ₽24787 per week

₽15592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2890
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.
₽5842
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
₽59499
₽59084
₽60165
₽63951
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
-
-
-
113 500
income
-
-
-
18 253
health
-
-
-
2 895
social contributions
-
-
-
13 240
total
-
-
-
34 388
Employee
62 926
62 926
104 522
-
health
488
1 070
1 777
-
income
6 852
5 825
17 671
-
social contributions
2 379
5 223
7 044
-
total
9 719
12 118
26 492
-
Employer
62 926
62 926
104 522
-
health
530
1 165
1 933
-
social contributions
2 379
5 223
7 044
-
total
2 909
6 388
8 977
-
Corporate
81 926
44 186
-
-
income
10 240
5 524
-
-
total
10 240
5 524
-
-
Dividends
71 686
38 662
-
-
withholding
12 186
6 572
-
-
total
12 186
6 572
-
-
Income
113 500
113 500
113 500
113 500
Total tax
35 054
30 602
35 469
34 388
After tax
78 446
82 898
78 031
79 112
Living cost
18 947
18 947
18 947
18 947
Free-cash
59 499
63 951
59 084
60 165

Estimated living cost  is ₽18947 per week

₽11355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
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.
₽5314
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
₽38065
₽28476
₽36158
₽38889
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.

-
-
-
113 500
income
-
-
-
12 231
social contributions

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

-
-
-
39 442
surtax
-
-
-
-
total
-
-
-
51 673
Employee
37 637
-
91 717
-
income
7 829
-
27 482
-
social contributions
4 140
-
10 090
-
surtax
-
-
-
-
total
11 969
-
37 572
-
Employer
37 637
-
91 717
-
social contributions
8 939
-
21 783
-
total
8 939
-
21 783
-
Corporate
66 924
113 500
-
-
income
14 054
23 835
-
-
surtax
-
-
-
-
total
14 054
23 835
-
-
Dividends
52 870
89 665
-
-
withholding
14 804
25 107
-
-
total
14 804
25 107
-
-
Income
113 500
113 500
113 500
113 500
Total tax
49 766
48 942
59 355
51 673
After tax
63 734
64 558
54 145
61 827
Living cost
25 669
25 669
25 669
25 669
Free-cash
38 065
38 889
28 476
36 158

Estimated living cost  is ₽25669 per week

₽19205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1514
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.
₽4521
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
₽100592
₽84709
₽106274
₽101734
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%.

-
-
-
113 500
microenterprise

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

-
-
-
1 135
total
-
-
-
1 135
Employee
7 614
-
113 500
-
income
1 523
-
22 700
-
total
1 523
-
22 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

105 886
113 500
-
-
total
-
-
-
-
Dividends
105 886
113 500
-
-
withholding
5 294
5 675
-
-
total
5 294
5 675
-
-
Income
113 500
113 500
113 500
113 500
Total tax
6 817
5 675
22 700
1 135
After tax
106 683
107 825
90 800
112 365
Living cost
6 091
6 091
6 091
6 091
Free-cash
100 592
101 734
84 709
106 274

Estimated living cost  is ₽6091 per week

₽3775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽49351
₽32032
₽35039
₽56196
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.

-
-
-
113 500
pensions
-
-
-
20 727
unemployment
-
-
-
171
income
-
-
-
24 444
health
-
-
-
11 169
total
-
-
-
56 511
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.

36 187
-
98 208
-
health
2 337
-
6 344
-
unemployment
51
-
138
-
pensions
5 609
-
15 222
-
income
6 240
-
22 522
-
total
14 237
-
44 226
-
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.

36 187
-
98 208
-
health
2 410
-
6 541
-
pensions
3 202
-
8 692
-
unemployment
22
-
59
-
total
5 634
-
15 292
-
Corporate
71 679
113 500
-
-
income
13 619
21 564
-
-
total
13 619
21 564
-
-
Dividends
58 059
91 936
-
-
withholding
8 709
13 790
-
-
total
8 709
13 790
-
-
Income
113 500
113 500
113 500
113 500
Total tax
42 199
35 354
59 518
56 511
After tax
71 301
78 146
53 982
56 989
Living cost
21 950
21 950
21 950
21 950
Free-cash
49 351
56 196
32 032
35 039

Estimated living cost  is ₽21950 per week

₽15064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5055
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
₽42606
₽52865
₽55346
₽39746
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.

-
-
-
113 500
income
-
-
-
23 294
health

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

-
-
-
5 154
total
-
-
-
28 448
Employee
37 541
-
109 736
-
social contributions
3 761
-
3 764
-
income
4 073
-
23 401
-
total
7 834
-
27 165
-
Employer
37 541
-
109 736
-
social contributions
3 761
-
3 764
-
total
3 761
-
3 764
-
Corporate
72 198
113 500
-
-
income
25 270
39 725
-
-
total
25 270
39 725
-
-
Dividends
46 929
73 775
-
-
social contributions
4 323
4 323
-
-
total
4 323
4 323
-
-
Income
113 500
113 500
113 500
113 500
Total tax
41 188
44 048
30 929
28 448
After tax
72 312
69 452
82 571
85 052
Living cost
29 706
29 706
29 706
29 706
Free-cash
42 606
39 746
52 865
55 346

Estimated living cost  is ₽29706 per week

₽19567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
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
₽52315
₽54097
₽55537
₽51893
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
-
-
-
113 500
income
-
-
-
17 025
health
-
-
-
7 922
social contributions
-
-
-
15 663
total
-
-
-
40 610
Employee
27 747
-
113 500
-
health
1 937
-
7 922
-
income
4 628
-
18 465
-
social contributions
3 830
-
15 663
-
total
10 395
-
42 050
-
Employer
27 747
-
113 500
-
total
-
-
-
-
Corporate
85 753
113 500
-
-
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%.

4 288
5 674
-
-
total
4 288
5 674
-
-
Dividends
81 466
107 826
-
-
social contributions
11 242
14 880
-
-
withholding
12 220
16 174
-
-
health
5 687
7 526
-
-
total
29 149
38 580
-
-
Income
113 500
113 500
113 500
113 500
Total tax
43 832
44 254
42 050
40 610
After tax
69 668
69 246
71 450
72 890
Living cost
17 353
17 353
17 353
17 353
Free-cash
52 315
51 893
54 097
55 537

Estimated living cost  is ₽17353 per week

₽11613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
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.
₽4269
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
₽47114
₽34726
₽37878
₽55274
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
-
-
-
113 500
income
-
-
-
10 720
health
-
-
-
15 323
social contributions
-
-
-
26 708
solidarity contribution
-
-
-
-
total
-
-
-
52 751
Employee
33 634
-
84 701
-
health
4 541
-
11 435
-
solidarity contribution
-
-
-
-
income
4 036
-
10 164
-
social contributions
2 186
-
5 506
-
total
10 763
-
27 105
-
Employer
33 634
-
84 701
-
health
3 027
-
7 623
-
social contributions
8 409
-
21 175
-
total
11 436
-
28 798
-
Corporate
68 430
113 500
-
-
income
13 002
21 565
-
-
total
13 002
21 565
-
-
Dividends
55 428
91 935
-
-
withholding
8 314
13 790
-
-
total
8 314
13 790
-
-
Income
113 500
113 500
113 500
113 500
Total tax
43 515
35 355
55 903
52 751
After tax
69 985
78 145
57 597
60 749
Living cost
22 871
22 871
22 871
22 871
Free-cash
47 114
55 274
34 726
37 878

Estimated living cost  is ₽22871 per week

₽17009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽4200
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
₽96553
₽81308
₽102873
₽98333
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%.

-
-
-
113 500
microenterprise

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

-
-
-
1 135
total
-
-
-
1 135
Employee
11 865
-
113 500
-
income
2 373
-
22 700
-
total
2 373
-
22 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

101 635
113 500
-
-
total
-
-
-
-
Dividends
101 635
113 500
-
-
withholding
5 082
5 675
-
-
total
5 082
5 675
-
-
Income
113 500
113 500
113 500
113 500
Total tax
7 455
5 675
22 700
1 135
After tax
106 045
107 825
90 800
112 365
Living cost
9 492
9 492
9 492
9 492
Free-cash
96 553
98 333
81 308
102 873

Estimated living cost  is ₽9492 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₽23304
₽26280
₽24933
₽17678
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
-
-
-
113 500
income
-
-
-
15 288
other
-
-
-
3 519
health
-
-
-
3 842
social contributions
-
-
-
3 233
pensions
-
-
-
23 160
surtax
-
-
-
-
total
-
-
-
49 042
Employee
51 254
-
89 659
-
pensions
5 797
-
5 480
-
income
4 472
-
15 818
-
social contributions
1 460
-
2 555
-
surtax
-
-
-
-
total
11 729
-
23 853
-
Employer
51 254
-
89 659
-
health
3 587
-
7 404
-
social contributions
154
-
269
-
pensions
8 422
-
9 362
-
unemployment
2 076
-
3 631
-
other
1 769
-
3 176
-
total
16 008
-
23 842
-
Corporate
46 238
113 500
-
-
income
12 947
31 780
-
-
surtax
-
-
-
-
total
12 947
31 780
-
-
Dividends
33 291
81 720
-
-
social contributions
5 726
14 056
-
-
surtax
-
-
-
-
withholding
4 261
10 461
-
-
total
9 987
24 517
-
-
Income
113 500
113 500
113 500
113 500
Total tax
50 671
56 297
47 695
49 042
After tax
62 829
57 203
65 805
64 458
Living cost
39 525
39 525
39 525
39 525
Free-cash
23 304
17 678
26 280
24 933

Estimated living cost  is ₽39525 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽8999
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
₽63889
₽51646
₽51646
₽67901
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.

-
-
-
113 500
pensions
-
-
-
15 670
unemployment
-
-
-
904
income
-
-
-
24 969
health
-
-
-
6 208
total
-
-
-
47 751
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.

21 267
-
102 712
-
health
1 095
-
3 104
-
unemployment
160
-
452
-
pensions
2 977
-
8 438
-
income
2 931
-
24 969
-
total
7 163
-
36 963
-
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.

21 267
-
102 712
-
health
1 095
-
3 104
-
pensions
2 552
-
7 232
-
unemployment
160
-
452
-
total
3 807
-
10 788
-
Corporate
88 427
113 500
-
-
income
13 264
17 025
-
-
total
13 264
17 025
-
-
Dividends
75 163
96 475
-
-
withholding
11 274
14 471
-
-
total
11 274
14 471
-
-
Income
113 500
113 500
113 500
113 500
Total tax
35 508
31 496
47 751
47 751
After tax
77 992
82 004
65 749
65 749
Living cost
14 103
14 103
14 103
14 103
Free-cash
63 889
67 901
51 646
51 646

Estimated living cost  is ₽14103 per week

₽9496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3108
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
₽19381
₽30374
₽35894
-₽4940
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
-
-
-
113 500
pensions
-
-
-
10 441
city
-
-
-
1 196
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.

-
-
-
2 270
health
-
-
-
255
regional
-
-
-
5 161
national
-
-
-
1 443
total
-
-
-
20 766
Employee
66 517
-
101 588
-
health
150
-
229
-
unemployment
-
-
-
-
city
714
-
1 092
-
pensions
5 588
-
8 534
-
regional
2 178
-
4 456
-
national
315
-
1 180
-
total
8 945
-
15 491
-
Employer
66 517
-
101 588
-
health
150
-
229
-
pensions
5 588
-
8 534
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 330
-
2 032
-
total
7 068
-
10 795
-
Corporate
39 183
113 500
-
-
regional
8 288
24 005
-
-
national
3 330
9 647
-
-
total
11 618
33 652
-
-
Dividends
27 565
79 849
-
-
withholding
9 648
27 948
-
-
total
9 648
27 948
-
-
Income
113 500
113 500
113 500
113 500
Total tax
37 279
61 600
26 286
20 766
After tax
76 221
51 900
87 214
92 734
Living cost
56 840
56 840
56 840
56 840
Free-cash
19 381
-4 940
30 374
35 894

Estimated living cost  is ₽56840 per week

₽36962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
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.
₽14079
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
₽42524
₽30072
₽45631
₽41608
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

-
-
-
113 500
municipal
-
-
-
20 178
health
-
-
-
1 407
national
-
-
-
14 866
total
-
-
-
36 451
Employee
43 055
-
95 483
-
health
321
-
1 129
-
unemployment
646
-
1 432
-
pensions
2 906
-
6 445
-
national
711
-
9 421
-
municipal
7 052
-
15 565
-
total
11 636
-
33 992
-
Employer
43 055
-
95 483
-
health
331
-
735
-
pensions
7 470
-
16 567
-
accident
43
-
95
-
unemployment
280
-
621
-
total
8 124
-
18 018
-
Corporate
62 322
113 500
-
-
income
12 464
22 700
-
-
total
12 464
22 700
-
-
Dividends

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

37 393
68 100
-
-
municipal
6 730
12 257
-
-
national
604
5 517
-
-
total
7 334
17 774
-
-
Income
113 500
113 500
113 500
113 500
Total tax
39 558
40 474
52 010
36 451
After tax
73 942
73 026
61 490
77 049
Living cost
31 418
31 418
31 418
31 418
Free-cash
42 524
41 608
30 072
45 631

Estimated living cost  is ₽31418 per week

₽20522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽7375
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
₽21429
₽11833
₽20285
₽33703
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
-
-
-
113 500
communal

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

-
-
-
5 738
social contributions
-
-
-
17 869
national
-
-
-
39 770
total
-
-
-
63 377
Employee

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

58 536
-
87 909
-
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.

2 750
-
4 132
-
communal

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

3 053
-
4 586
-
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.

509
-
764
-
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.

4 390
-
6 594
-
national
17 996
-
30 163
-
total
28 698
-
46 239
-
Employer

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

58 536
-
87 909
-
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.

3 600
-
5 406
-
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.

5 187
-
7 788
-
surtax
6 637
-
9 970
-
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.

761
-
1 143
-
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.

854
-
1 283
-
total
17 039
-
25 590
-
Corporate
37 925
113 500
-
-
income
7 585
22 700
-
-
surtax
152
453
-
-
total
7 737
23 153
-
-
Dividends
30 188
90 347
-
-
withholding

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

8 759
26 806
-
-
total
8 759
26 806
-
-
Income
113 500
113 500
113 500
113 500
Total tax
62 233
49 959
71 829
63 377
After tax
51 267
63 541
41 671
50 123
Living cost
29 838
29 838
29 838
29 838
Free-cash
21 429
33 703
11 833
20 285

Estimated living cost  is ₽29838 per week

₽19219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7543
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
₽25773
₽23971
₽24923
₽26568
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
-
-
-
113 500
unemployment
-
-
-
78
municipal
-
-
-
27 143
other
-
-
-
9 016
health
-
-
-
4 842
national
-
-
-
3 553
accident
-
-
-
155
pensions
-
-
-
8 387
total
-
-
-
53 174
Employee
50 445
-
89 121
-
national
-
-
3 172
-
municipal
15 043
-
26 576
-
total
15 043
-
29 748
-
Employer
50 445
-
89 121
-
health
3 102
-
4 772
-
pensions
5 453
-
8 387
-
accident
101
-
155
-
unemployment
1 332
-
2 048
-
other
5 862
-
9 016
-
total
15 850
-
24 378
-
Corporate
47 205
113 500
-
-
income
10 385
24 970
-
-
total
10 385
24 970
-
-
Dividends
36 820
88 530
-
-
withholding
11 046
26 559
-
-
total
11 046
26 559
-
-
Income
113 500
113 500
113 500
113 500
Total tax
52 324
51 529
54 126
53 174
After tax
61 176
61 971
59 374
60 326
Living cost
35 403
35 403
35 403
35 403
Free-cash
25 773
26 568
23 971
24 923

Estimated living cost  is ₽35403 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3474
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
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.
₽7928
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
-₽21569
₽62496
₽39351
₽29966
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
-
-
-
113 500
income
-
-
-
22 123
social contributions
-
-
-
12 939
total
-
-
-
35 062
Employee
56 045
-
-
-
income
12 362
-
-
-
social contributions
4 596
-
655
-
total
16 958
-
655
-
Employer
56 045
-
-
-
social contributions
79 024
-
11 262
-
total
79 024
-
11 262
-
Corporate
-
113 500
-
-
income
-
24 970
-
-
total
-
24 970
-
-
Dividends
-
88 530
-
-
income
-
19 477
-
-
total
-
19 477
-
-
Income
113 500
113 500
113 500
113 500
Total tax
95 982
44 447
11 917
35 062
After tax
17 518
69 053
101 583
78 438
Living cost
39 087
39 087
39 087
39 087
Free-cash
-21 569
29 966
62 496
39 351

Estimated living cost  is ₽39087 per week

₽25361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
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.
₽9551
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
₽52962
₽51488
₽52569
₽56355
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
-
-
-
113 500
income
-
-
-
18 253
health
-
-
-
2 895
social contributions
-
-
-
13 240
total
-
-
-
34 388
Employee
62 926
62 926
104 522
-
health
626
1 070
1 777
-
income
6 608
5 825
17 671
-
social contributions
3 058
5 223
7 044
-
total
10 292
12 118
26 492
-
Employer
62 926
62 926
104 522
-
health
682
1 165
1 933
-
social contributions
3 058
5 223
7 044
-
total
3 740
6 388
8 977
-
Corporate
72 926
44 186
-
-
income
9 116
5 524
-
-
total
9 116
5 524
-
-
Dividends
63 810
38 662
-
-
withholding
10 847
6 572
-
-
total
10 847
6 572
-
-
Income
113 500
113 500
113 500
113 500
Total tax
33 995
30 602
35 469
34 388
After tax
79 505
82 898
78 031
79 112
Living cost
26 543
26 543
26 543
26 543
Free-cash
52 962
56 355
51 488
52 569

Estimated living cost  is ₽26543 per week

₽18145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5879
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
₽51463
₽37563
₽47973
₽47814
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
-
-
-
113 500
income
-
-
-
29 813
pensions
-
-
-
6 566
total
-
-
-
36 379
Employee
40 009
-
99 377
-
health
522
-
1 537
-
pensions
3 054
-
8 256
-
income
7 286
-
22 873
-
total
10 862
-
32 666
-
Employer
40 009
-
99 377
-
health
760
-
1 889
-
pensions
4 042
-
12 234
-
total
4 802
-
14 123
-
Corporate
68 688
113 500
-
-
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.

13 051
21 564
-
-
total
13 051
21 564
-
-
Dividends
55 637
91 936
-
-
withholding
4 174
14 974
-
-
total
4 174
14 974
-
-
Income
113 500
113 500
113 500
113 500
Total tax
32 889
36 538
46 789
36 379
After tax
80 611
76 962
66 711
77 121
Living cost
29 148
29 148
29 148
29 148
Free-cash
51 463
47 814
37 563
47 973

Estimated living cost  is ₽29148 per week

₽19995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
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.
₽6106
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
₽23461
₽16876
₽22067
₽27183
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
-
-
-
113 500
municipal
-
-
-
759
regional
-
-
-
2 558
social contributions
-
-
-
29 192
national
-
-
-
26 323
total
-
-
-
58 832
Employee
68 958
-
113 500
-
social contributions
23 252
-
38 273
-
regional
1 041
-
2 201
-
national
11 653
-
22 872
-
municipal
412
-
677
-
total
36 358
-
64 023
-
Employer
68 958
-
113 500
-
total
-
-
-
-
Corporate
44 542
113 500
-
-
nationa
10 691
27 240
-
-
municipal
2 146
5 471
-
-
total
12 837
32 711
-
-
Dividends
31 705
80 789
-
-
withholding
8 243
21 005
-
-
total
8 243
21 005
-
-
Income
113 500
113 500
113 500
113 500
Total tax
57 438
53 716
64 023
58 832
After tax
56 062
59 784
49 477
54 668
Living cost
32 601
32 601
32 601
32 601
Free-cash
23 461
27 183
16 876
22 067

Estimated living cost  is ₽32601 per week

₽22900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽6965
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
₽6535
₽43441
₽60353
-₽8133
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
-
-
-
113 500
pensions
-
-
-
3 277
income
-
-
-
30 335
other
-
-
-
292
health
-
-
-
1 718
accident
-
-
-
199
total
-
-
-
35 821
Employee
27 254
-
100 676
-
health
3 121
-
11 527
-
pensions
3 069
-
6 008
-
income
3 739
-
22 375
-
total
9 929
-
39 910
-
Employer
27 254
-
100 676
-
pensions
4 432
-
8 676
-
accident
455
-
1 681
-
unemployment
668
-
2 466
-
total
5 555
-
12 823
-
Corporate
80 691
113 500
-
-
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.

72 622
102 150
-
-
total
72 622
102 150
-
-
Dividends
8 069
11 350
-
-
withholding
1 533
2 157
-
-
total
1 533
2 157
-
-
Income
113 500
113 500
113 500
113 500
Total tax
89 639
104 307
52 733
35 821
After tax
23 861
9 193
60 767
77 679
Living cost
17 326
17 326
17 326
17 326
Free-cash
6 535
-8 133
43 441
60 353

Estimated living cost  is ₽17326 per week

₽12698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽3306
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
₽37573
₽42888
₽32061
₽26871
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.

-
-
-
113 500
trade
-
-
-
10 827
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.

-
-
-
31 685
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.

-
-
-
5 591
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.

-
-
-
1 742
total
-
-
-
49 845
Employee

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

40 717
-
113 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 591
-
5 591
-
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.

3 348
-
31 685
-
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.

185
-
1 742
-
total
9 124
-
39 018
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 783
113 500
-
-
income
10 917
17 025
-
-
trade
10 444
16 287
-
-
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.

601
936
-
-
chamber of commerce
231
290
-
-
total
22 193
34 538
-
-
Dividends
50 589
78 961
-
-
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.

679
1 068
-
-
withholding
12 337
19 429
-
-
total
13 016
20 497
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 333
55 035
39 018
49 845
After tax
69 167
58 465
74 482
63 655
Living cost
31 594
31 594
31 594
31 594
Free-cash
37 573
26 871
42 888
32 061

Estimated living cost  is ₽31594 per week

₽21794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽5942
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
₽67061
₽46590
₽18218
₽73775
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.

-
-
-
113 500
income
-
-
-
17 961
microenterprise
-
-
-
-
social contributions

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

-
-
-
31 354
surtax
-
-
-
28 942
total
-
-
-
78 257
Employee
23 912
-
91 465
-
income
4 257
-
17 790
-
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.

2 631
-
10 062
-
surtax
-
-
-
-
total
6 888
-
27 852
-
Employer
23 912
-
91 465
-
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.

5 760
-
22 033
-
surtax
-
-
-
-
total
5 760
-
22 033
-
Corporate
83 828
113 500
-
-
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%.

16 766
22 700
-
-
total
16 766
22 700
-
-
Dividends

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

67 062
90 800
-
-
total
-
-
-
-
Income
113 500
113 500
113 500
113 500
Total tax
29 414
22 700
49 885
78 257
After tax
84 086
90 800
63 615
35 243
Living cost
17 025
17 025
17 025
17 025
Free-cash
67 061
73 775
46 590
18 218

Estimated living cost  is ₽17025 per week

₽10861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4156
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
₽59179
₽57187
₽57899
₽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
-
-
-
113 500
income
-
-
-
33 013
health
-
-
-
5 290
pensions
-
-
-
7 296
total
-
-
-
45 599
Employee
15 234
-
105 292
-
health
762
-
1 824
-
unemployment
152
-
365
-
pensions
1 371
-
3 283
-
income
2 947
-
32 630
-
total
5 232
-
38 102
-
Employer
15 234
-
105 292
-
health
1 447
-
3 466
-
pensions
1 676
-
4 013
-
unemployment
305
-
730
-
total
3 428
-
8 209
-
Corporate
94 838
113 500
-
-
income
20 864
24 970
-
-
total
20 864
24 970
-
-
Dividends
73 973
88 530
-
-
withholding
14 795
17 706
-
-
total
14 795
17 706
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 319
42 676
46 311
45 599
After tax
69 181
70 824
67 189
67 901
Living cost
10 002
10 002
10 002
10 002
Free-cash
59 179
60 822
57 187
57 899

Estimated living cost  is ₽10002 per week

₽5944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽229
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.
₽3018
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
₽50409
₽33041
₽35476
₽53009
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
-
-
-
113 500
pensions
-
-
-
21 844
unemployment
-
-
-
186
income
-
-
-
26 180
other
-
-
-
-
health
-
-
-
7 754
surtax
-
-
-
3 679
total
-
-
-
59 643
Employee
27 559
-
93 764
-
health
703
-
2 392
-
unemployment
1 918
-
6 526
-
pensions
1 839
-
6 254
-
income
4 620
-
23 875
-
other
-
-
-
-
surtax
98
-
3 295
-
total
9 178
-
42 342
-
Employer
27 559
-
93 764
-
health
1 253
-
4 266
-
pensions
3 674
-
12 498
-
unemployment
874
-
2 972
-
other
-
-
-
-
total
5 801
-
19 736
-
Corporate
80 139
113 500
-
-
income
20 836
29 511
-
-
total
20 836
29 511
-
-
Dividends
59 303
83 989
-
-
withholding
8 895
12 599
-
-
total
8 895
12 599
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 710
42 110
62 078
59 643
After tax
68 790
71 390
51 422
53 857
Living cost
18 381
18 381
18 381
18 381
Free-cash
50 409
53 009
33 041
35 476

Estimated living cost  is ₽18381 per week

₽11097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5260
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
₽36666
₽4281
₽31641
₽37072
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
-
-
-
113 500
pensions
-
-
-
17 687
chamber of commerce
-
-
-