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
₽ 114500
per

Your estimated
City
free-cash

Valencia , Spain
₽50277
₽38038
₽41971
₽54176
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
-
-
-
114 500
unemployment
-
-
-
531
income
-
-
-
27 271
other
-
-
-
76
accident
-
-
-
683
pensions
-
-
-
21 465
total
-
-
-
50 026
Employee
30 259
-
90 319
-
unemployment
469
-
1 176
-
pensions
1 423
-
3 566
-
income
5 834
-
24 960
-
other
30
-
76
-
total
7 756
-
29 778
-
Employer
30 259
-
90 319
-
pensions
7 140
-
17 901
-
accident
599
-
1 502
-
unemployment
1 665
-
4 171
-
other
242
-
607
-
total
9 646
-
24 181
-
Corporate
74 594
114 500
-
-
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.

11 189
17 176
-
-
total
11 189
17 176
-
-
Dividends
63 405
97 324
-
-
withholding
13 129
20 645
-
-
total
13 129
20 645
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 720
37 821
53 959
50 026
After tax
72 780
76 679
60 541
64 474
Living cost
22 503
22 503
22 503
22 503
Free-cash
50 277
54 176
38 038
41 971

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
₽56791
₽43799
₽39066
₽62320
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
-
-
-
114 500
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.

-
-
-
27 479
income
-
-
-
15 674
other
-
-
-
5 438
health
-
-
-
5 038
total
-
-
-
53 629
Employee
29 713
-
91 454
-
health
416
-
1 280
-
unemployment
297
-
915
-
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
-
6 403
-
income
5 115
-
17 252
-
total
7 907
-
25 850
-
Employer
29 713
-
91 454
-
health
416
-
1 280
-
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
-
15 548
-
accident
238
-
731
-
unemployment
297
-
915
-
other
1 486
-
4 572
-
total
7 489
-
23 046
-
Corporate
77 299
114 500
-
-
income
16 233
24 044
-
-
total
16 233
24 044
-
-
Dividends
61 066
90 456
-
-
withholding
4 275
6 331
-
-
total
4 275
6 331
-
-
Income
114 500
114 500
114 500
114 500
Total tax
35 904
30 375
48 896
53 629
After tax
78 596
84 125
65 604
60 871
Living cost
21 805
21 805
21 805
21 805
Free-cash
56 791
62 320
43 799
39 066

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
₽83368
₽83136
₽78965
₽87168
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
-
-
-
114 500
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
-
-
-
17 175
health
-
-
-
3 287
total
-
-
-
24 806
Employee
14 206
-
108 892
-
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
-
10 889
-
total
3 476
-
15 028
-
Employer
14 206
-
108 892
-
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
97 506
114 500
-
-
income
9 751
11 450
-
-
total
9 751
11 450
-
-
Dividends
87 755
103 050
-
-
withholding
4 388
5 153
-
-
total
4 388
5 153
-
-
Income
114 500
114 500
114 500
114 500
Total tax
20 403
16 603
20 635
24 806
After tax
94 097
97 897
93 865
89 694
Living cost
10 729
10 729
10 729
10 729
Free-cash
83 368
87 168
83 136
78 965

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
₽34544
₽38245
₽37006
₽29711
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
-
-
-
114 500
income
-
-
-
15 524
other
-
-
-
3 550
health
-
-
-
3 917
social contributions
-
-
-
3 263
pensions
-
-
-
23 242
surtax
-
-
-
-
total
-
-
-
49 496
Employee
35 024
-
90 378
-
pensions
3 960
-
5 553
-
income
2 067
-
16 006
-
social contributions
999
-
2 575
-
surtax
-
-
-
-
total
7 026
-
24 134
-
Employer
35 024
-
90 378
-
health
2 452
-
7 497
-
social contributions
106
-
272
-
pensions
5 754
-
9 480
-
unemployment
1 418
-
3 660
-
other
1 208
-
3 214
-
total
10 938
-
24 123
-
Corporate
68 539
114 500
-
-
income
19 191
32 061
-
-
surtax
-
-
-
-
total
19 191
32 061
-
-
Dividends
49 348
82 439
-
-
social contributions
8 487
14 178
-
-
surtax
-
-
-
-
withholding
6 316
10 552
-
-
total
14 803
24 730
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 958
56 791
48 257
49 496
After tax
62 542
57 709
66 243
65 004
Living cost
27 998
27 998
27 998
27 998
Free-cash
34 544
29 711
38 245
37 006

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
₽16951
₽33893
₽30996
₽21964
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
-
-
-
114 500
pensions
-
-
-
9 588
income
-
-
-
29 544
health
-
-
-
10 091
total
-
-
-
49 223
Employee
69 883
69 883
99 292
-
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
99 292
-
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
33 237
32 380
-
-
income
6 648
6 476
-
-
total
6 648
6 476
-
-
Dividends
26 589
25 904
-
-
income
5 650
5 505
-
-
withholding
3 988
3 885
-
-
total
9 638
9 390
-
-
Income
114 500
114 500
114 500
114 500
Total tax
63 268
58 255
46 326
49 223
After tax
51 232
56 245
68 174
65 277
Living cost
34 281
34 281
34 281
34 281
Free-cash
16 951
21 964
33 893
30 996

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
₽42064
₽50250
₽38208
₽33010
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.

-
-
-
114 500
trade
-
-
-
12 042
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.

-
-
-
32 106
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.

-
-
-
1 766
total
-
-
-
51 505
Employee

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

31 300
-
114 500
-
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
-
32 106
-
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
-
1 766
-
total
6 513
-
39 463
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 200
114 500
-
-
income
12 480
17 176
-
-
trade
13 104
18 034
-
-
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.

686
944
-
-
chamber of commerce
244
289
-
-
total
26 514
36 443
-
-
Dividends
56 687
78 057
-
-
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.

762
1 056
-
-
withholding
13 860
19 204
-
-
total
14 622
20 260
-
-
Income
114 500
114 500
114 500
114 500
Total tax
47 649
56 703
39 463
51 505
After tax
66 851
57 797
75 037
62 995
Living cost
24 787
24 787
24 787
24 787
Free-cash
42 064
33 010
50 250
38 208

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
₽60224
₽59711
₽60798
₽64678
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
-
-
-
114 500
income
-
-
-
18 595
health
-
-
-
2 920
social contributions
-
-
-
13 240
total
-
-
-
34 755
Employee
62 926
62 926
105 504
-
health
488
1 070
1 794
-
income
6 852
5 825
18 008
-
social contributions
2 379
5 223
7 044
-
total
9 719
12 118
26 846
-
Employer
62 926
62 926
105 504
-
health
530
1 165
1 952
-
social contributions
2 379
5 223
7 044
-
total
2 909
6 388
8 996
-
Corporate
82 926
45 186
-
-
income
10 366
5 648
-
-
total
10 366
5 648
-
-
Dividends
72 560
39 538
-
-
withholding
12 335
6 721
-
-
total
12 335
6 721
-
-
Income
114 500
114 500
114 500
114 500
Total tax
35 329
30 875
35 842
34 755
After tax
79 171
83 625
78 658
79 745
Living cost
18 947
18 947
18 947
18 947
Free-cash
60 224
64 678
59 711
60 798

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
₽38634
₽28873
₽36663
₽39460
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.

-
-
-
114 500
income
-
-
-
12 380
social contributions

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

-
-
-
39 788
surtax
-
-
-
-
total
-
-
-
52 168
Employee
37 637
-
92 526
-
income
7 829
-
27 806
-
social contributions
4 140
-
10 178
-
surtax
-
-
-
-
total
11 969
-
37 984
-
Employer
37 637
-
92 526
-
social contributions
8 939
-
21 974
-
total
8 939
-
21 974
-
Corporate
67 924
114 500
-
-
income
14 264
24 044
-
-
surtax
-
-
-
-
total
14 264
24 044
-
-
Dividends
53 660
90 456
-
-
withholding
15 025
25 327
-
-
total
15 025
25 327
-
-
Income
114 500
114 500
114 500
114 500
Total tax
50 197
49 371
59 958
52 168
After tax
64 303
65 129
54 542
62 332
Living cost
25 669
25 669
25 669
25 669
Free-cash
38 634
39 460
28 873
36 663

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
₽101542
₽85509
₽107264
₽102684
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%.

-
-
-
114 500
microenterprise

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

-
-
-
1 145
total
-
-
-
1 145
Employee
7 614
-
114 500
-
income
1 523
-
22 900
-
total
1 523
-
22 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

106 886
114 500
-
-
total
-
-
-
-
Dividends
106 886
114 500
-
-
withholding
5 344
5 725
-
-
total
5 344
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
6 867
5 725
22 900
1 145
After tax
107 633
108 775
91 600
113 355
Living cost
6 091
6 091
6 091
6 091
Free-cash
101 542
102 684
85 509
107 264

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
₽50040
₽32445
₽35476
₽56884
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.

-
-
-
114 500
pensions
-
-
-
20 911
unemployment
-
-
-
172
income
-
-
-
24 724
health
-
-
-
11 267
total
-
-
-
57 074
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
-
99 075
-
health
2 337
-
6 401
-
unemployment
51
-
138
-
pensions
5 609
-
15 357
-
income
6 240
-
22 784
-
total
14 237
-
44 680
-
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
-
99 075
-
health
2 410
-
6 598
-
pensions
3 202
-
8 768
-
unemployment
22
-
59
-
total
5 634
-
15 425
-
Corporate
72 679
114 500
-
-
income
13 809
21 755
-
-
total
13 809
21 755
-
-
Dividends
58 870
92 745
-
-
withholding
8 830
13 911
-
-
total
8 830
13 911
-
-
Income
114 500
114 500
114 500
114 500
Total tax
42 510
35 666
60 105
57 074
After tax
71 990
78 834
54 395
57 426
Living cost
21 950
21 950
21 950
21 950
Free-cash
50 040
56 884
32 445
35 476

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
₽43257
₽53515
₽56346
₽40396
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.

-
-
-
114 500
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
-
110 736
-
social contributions
3 761
-
3 764
-
income
4 073
-
23 751
-
total
7 834
-
27 515
-
Employer
37 541
-
110 736
-
social contributions
3 761
-
3 764
-
total
3 761
-
3 764
-
Corporate
73 198
114 500
-
-
income
25 619
40 075
-
-
total
25 619
40 075
-
-
Dividends
47 579
74 425
-
-
social contributions
4 323
4 323
-
-
total
4 323
4 323
-
-
Income
114 500
114 500
114 500
114 500
Total tax
41 537
44 398
31 279
28 448
After tax
72 963
70 102
83 221
86 052
Living cost
29 706
29 706
29 706
29 706
Free-cash
43 257
40 396
53 515
56 346

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
₽52926
₽54690
₽56179
₽52501
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
-
-
-
114 500
income
-
-
-
17 176
health
-
-
-
7 991
social contributions
-
-
-
15 801
total
-
-
-
40 968
Employee
27 747
-
114 500
-
health
1 937
-
7 991
-
income
4 628
-
18 665
-
social contributions
3 830
-
15 801
-
total
10 395
-
42 457
-
Employer
27 747
-
114 500
-
total
-
-
-
-
Corporate
86 753
114 500
-
-
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%.

4 337
5 726
-
-
total
4 337
5 726
-
-
Dividends
82 416
108 774
-
-
social contributions
11 374
15 011
-
-
withholding
12 363
16 317
-
-
health
5 752
7 592
-
-
total
29 489
38 920
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 221
44 646
42 457
40 968
After tax
70 279
69 854
72 043
73 532
Living cost
17 353
17 353
17 353
17 353
Free-cash
52 926
52 501
54 690
56 179

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
₽47802
₽35234
₽38614
₽55962
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
-
-
-
114 500
income
-
-
-
10 850
health
-
-
-
15 457
social contributions
-
-
-
26 708
solidarity contribution
-
-
-
-
total
-
-
-
53 015
Employee
33 634
-
85 448
-
health
4 541
-
11 535
-
solidarity contribution
-
-
-
-
income
4 036
-
10 254
-
social contributions
2 186
-
5 554
-
total
10 763
-
27 343
-
Employer
33 634
-
85 448
-
health
3 027
-
7 690
-
social contributions
8 409
-
21 362
-
total
11 436
-
29 052
-
Corporate
69 430
114 500
-
-
income
13 192
21 755
-
-
total
13 192
21 755
-
-
Dividends
56 238
92 745
-
-
withholding
8 436
13 912
-
-
total
8 436
13 912
-
-
Income
114 500
114 500
114 500
114 500
Total tax
43 827
35 667
56 395
53 015
After tax
70 673
78 833
58 105
61 485
Living cost
22 871
22 871
22 871
22 871
Free-cash
47 802
55 962
35 234
38 614

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
₽97503
₽82108
₽103863
₽99283
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%.

-
-
-
114 500
microenterprise

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

-
-
-
1 145
total
-
-
-
1 145
Employee
11 865
-
114 500
-
income
2 373
-
22 900
-
total
2 373
-
22 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

102 635
114 500
-
-
total
-
-
-
-
Dividends
102 635
114 500
-
-
withholding
5 132
5 725
-
-
total
5 132
5 725
-
-
Income
114 500
114 500
114 500
114 500
Total tax
7 505
5 725
22 900
1 145
After tax
106 995
108 775
91 600
113 355
Living cost
9 492
9 492
9 492
9 492
Free-cash
97 503
99 283
82 108
103 863

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
₽23807
₽26718
₽25479
₽18184
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
-
-
-
114 500
income
-
-
-
15 524
other
-
-
-
3 550
health
-
-
-
3 917
social contributions
-
-
-
3 263
pensions
-
-
-
23 242
surtax
-
-
-
-
total
-
-
-
49 496
Employee
51 254
-
90 378
-
pensions
5 797
-
5 553
-
income
4 472
-
16 006
-
social contributions
1 460
-
2 575
-
surtax
-
-
-
-
total
11 729
-
24 134
-
Employer
51 254
-
90 378
-
health
3 587
-
7 497
-
social contributions
154
-
272
-
pensions
8 422
-
9 480
-
unemployment
2 076
-
3 660
-
other
1 769
-
3 214
-
total
16 008
-
24 123
-
Corporate
47 238
114 500
-
-
income
13 226
32 061
-
-
surtax
-
-
-
-
total
13 226
32 061
-
-
Dividends
34 012
82 439
-
-
social contributions
5 852
14 178
-
-
surtax
-
-
-
-
withholding
4 353
10 552
-
-
total
10 205
24 730
-
-
Income
114 500
114 500
114 500
114 500
Total tax
51 168
56 791
48 257
49 496
After tax
63 332
57 709
66 243
65 004
Living cost
39 525
39 525
39 525
39 525
Free-cash
23 807
18 184
26 718
25 479

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
₽64611
₽52396
₽52396
₽68623
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.

-
-
-
114 500
pensions
-
-
-
15 670
unemployment
-
-
-
904
income
-
-
-
25 219
health
-
-
-
6 208
total
-
-
-
48 001
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
-
103 712
-
health
1 095
-
3 104
-
unemployment
160
-
452
-
pensions
2 977
-
8 438
-
income
2 931
-
25 219
-
total
7 163
-
37 213
-
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
-
103 712
-
health
1 095
-
3 104
-
pensions
2 552
-
7 232
-
unemployment
160
-
452
-
total
3 807
-
10 788
-
Corporate
89 427
114 500
-
-
income
13 414
17 175
-
-
total
13 414
17 175
-
-
Dividends
76 013
97 325
-
-
withholding
11 402
14 599
-
-
total
11 402
14 599
-
-
Income
114 500
114 500
114 500
114 500
Total tax
35 786
31 774
48 001
48 001
After tax
78 714
82 726
66 499
66 499
Living cost
14 103
14 103
14 103
14 103
Free-cash
64 611
68 623
52 396
52 396

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
₽19839
₽31108
₽36670
-₽4482
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
-
-
-
114 500
pensions
-
-
-
10 534
city
-
-
-
1 207
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.

-
-
-
2 291
health
-
-
-
257
regional
-
-
-
5 232
national
-
-
-
1 469
total
-
-
-
20 990
Employee
66 517
-
102 485
-
health
150
-
231
-
unemployment
-
-
-
-
city
714
-
1 101
-
pensions
5 588
-
8 607
-
regional
2 178
-
4 520
-
national
315
-
1 205
-
total
8 945
-
15 664
-
Employer
66 517
-
102 485
-
health
150
-
231
-
pensions
5 588
-
8 607
-
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
-
2 050
-
total
7 068
-
10 888
-
Corporate
40 183
114 500
-
-
regional
8 499
24 216
-
-
national
3 416
9 733
-
-
total
11 915
33 949
-
-
Dividends
28 267
80 551
-
-
withholding
9 893
28 193
-
-
total
9 893
28 193
-
-
Income
114 500
114 500
114 500
114 500
Total tax
37 821
62 142
26 552
20 990
After tax
76 679
52 358
87 948
93 510
Living cost
56 840
56 840
56 840
56 840
Free-cash
19 839
-4 482
31 108
36 670

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
₽43179
₽30535
₽46230
₽42171
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

-
-
-
114 500
municipal
-
-
-
20 355
health
-
-
-
1 423
national
-
-
-
15 074
total
-
-
-
36 852
Employee
43 055
-
96 323
-
health
321
-
1 141
-
unemployment
646
-
1 444
-
pensions
2 906
-
6 502
-
national
711
-
9 583
-
municipal
7 052
-
15 702
-
total
11 636
-
34 372
-
Employer
43 055
-
96 323
-
health
331
-
742
-
pensions
7 470
-
16 711
-
accident
43
-
96
-
unemployment
280
-
626
-
total
8 124
-
18 175
-
Corporate
63 322
114 500
-
-
income
12 664
22 900
-
-
total
12 664
22 900
-
-
Dividends

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

37 993
68 700
-
-
municipal
6 839
12 366
-
-
national
640
5 645
-
-
total
7 479
18 011
-
-
Income
114 500
114 500
114 500
114 500
Total tax
39 903
40 911
52 547
36 852
After tax
74 597
73 589
61 953
77 648
Living cost
31 418
31 418
31 418
31 418
Free-cash
43 179
42 171
30 535
46 230

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
₽21987
₽12129
₽20663
₽34259
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
-
-
-
114 500
communal

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

-
-
-
5 789
social contributions
-
-
-
18 010
national
-
-
-
40 200
total
-
-
-
63 999
Employee

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

58 536
-
88 684
-
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
-
4 168
-
communal

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

3 053
-
4 626
-
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
-
772
-
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
-
6 651
-
national
17 996
-
30 500
-
total
28 698
-
46 717
-
Employer

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

58 536
-
88 684
-
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
-
5 454
-
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
-
7 858
-
surtax
6 637
-
10 057
-
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
-
1 152
-
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
-
1 295
-
total
17 039
-
25 816
-
Corporate
38 925
114 500
-
-
income
7 785
22 900
-
-
surtax
155
458
-
-
total
7 940
23 358
-
-
Dividends
30 984
91 142
-
-
withholding

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

8 998
27 045
-
-
total
8 998
27 045
-
-
Income
114 500
114 500
114 500
114 500
Total tax
62 675
50 403
72 533
63 999
After tax
51 825
64 097
41 967
50 501
Living cost
29 838
29 838
29 838
29 838
Free-cash
21 987
34 259
12 129
20 663

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
₽26319
₽24473
₽25426
₽27114
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
-
-
-
114 500
unemployment
-
-
-
78
municipal
-
-
-
27 441
other
-
-
-
9 016
health
-
-
-
4 842
national
-
-
-
3 752
accident
-
-
-
155
pensions
-
-
-
8 387
total
-
-
-
53 671
Employee
50 445
-
90 121
-
national
-
-
3 372
-
municipal
15 043
-
26 874
-
total
15 043
-
30 246
-
Employer
50 445
-
90 121
-
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
48 205
114 500
-
-
income
10 605
25 190
-
-
total
10 605
25 190
-
-
Dividends
37 600
89 310
-
-
withholding
11 280
26 793
-
-
total
11 280
26 793
-
-
Income
114 500
114 500
114 500
114 500
Total tax
52 778
51 983
54 624
53 671
After tax
61 722
62 517
59 876
60 829
Living cost
35 403
35 403
35 403
35 403
Free-cash
26 319
27 114
24 473
25 426

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
-₽20569
₽63496
₽40042
₽30575
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
-
-
-
114 500
income
-
-
-
22 318
social contributions
-
-
-
13 053
total
-
-
-
35 371
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
-
114 500
-
-
income
-
25 190
-
-
total
-
25 190
-
-
Dividends
-
89 310
-
-
income
-
19 648
-
-
total
-
19 648
-
-
Income
114 500
114 500
114 500
114 500
Total tax
95 982
44 838
11 917
35 371
After tax
18 518
69 662
102 583
79 129
Living cost
39 087
39 087
39 087
39 087
Free-cash
-20 569
30 575
63 496
40 042

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
₽53689
₽52115
₽53202
₽57082
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
-
-
-
114 500
income
-
-
-
18 595
health
-
-
-
2 920
social contributions
-
-
-
13 240
total
-
-
-
34 755
Employee
62 926
62 926
105 504
-
health
626
1 070
1 794
-
income
6 608
5 825
18 008
-
social contributions
3 058
5 223
7 044
-
total
10 292
12 118
26 846
-
Employer
62 926
62 926
105 504
-
health
682
1 165
1 952
-
social contributions
3 058
5 223
7 044
-
total
3 740
6 388
8 996
-
Corporate
73 926
45 186
-
-
income
9 240
5 648
-
-
total
9 240
5 648
-
-
Dividends
64 686
39 538
-
-
withholding
10 996
6 721
-
-
total
10 996
6 721
-
-
Income
114 500
114 500
114 500
114 500
Total tax
34 268
30 875
35 842
34 755
After tax
80 232
83 625
78 658
79 745
Living cost
26 543
26 543
26 543
26 543
Free-cash
53 689
57 082
52 115
53 202

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
₽52213
₽38069
₽48562
₽48361
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
-
-
-
114 500
income
-
-
-
30 205
pensions
-
-
-
6 585
total
-
-
-
36 790
Employee
40 009
-
100 242
-
health
522
-
1 545
-
pensions
3 054
-
8 273
-
income
7 286
-
23 208
-
total
10 862
-
33 026
-
Employer
40 009
-
100 242
-
health
760
-
1 904
-
pensions
4 042
-
12 353
-
total
4 802
-
14 257
-
Corporate
69 688
114 500
-
-
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.

13 241
21 754
-
-
total
13 241
21 754
-
-
Dividends
56 446
92 746
-
-
withholding
4 234
15 237
-
-
total
4 234
15 237
-
-
Income
114 500
114 500
114 500
114 500
Total tax
33 139
36 991
47 283
36 790
After tax
81 361
77 509
67 217
77 710
Living cost
29 148
29 148
29 148
29 148
Free-cash
52 213
48 361
38 069
48 562

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
₽23987
₽17255
₽22491
₽27711
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
-
-
-
114 500
municipal
-
-
-
766
regional
-
-
-
2 588
social contributions
-
-
-
29 449
national
-
-
-
26 605
total
-
-
-
59 408
Employee
68 958
-
114 500
-
social contributions
23 252
-
38 610
-
regional
1 041
-
2 228
-
national
11 653
-
23 123
-
municipal
412
-
683
-
total
36 358
-
64 644
-
Employer
68 958
-
114 500
-
total
-
-
-
-
Corporate
45 542
114 500
-
-
nationa
10 930
27 479
-
-
municipal
2 196
5 519
-
-
total
13 126
32 998
-
-
Dividends
32 416
81 501
-
-
withholding
8 428
21 190
-
-
total
8 428
21 190
-
-
Income
114 500
114 500
114 500
114 500
Total tax
57 912
54 188
64 644
59 408
After tax
56 588
60 312
49 856
55 092
Living cost
32 601
32 601
32 601
32 601
Free-cash
23 987
27 711
17 255
22 491

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
₽6616
₽44019
₽61033
-₽8052
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
-
-
-
114 500
pensions
-
-
-
3 277
income
-
-
-
30 655
other
-
-
-
292
health
-
-
-
1 718
accident
-
-
-
199
total
-
-
-
36 141
Employee
27 254
-
101 636
-
health
3 121
-
11 637
-
pensions
3 069
-
6 008
-
income
3 739
-
22 647
-
total
9 929
-
40 292
-
Employer
27 254
-
101 636
-
pensions
4 432
-
8 676
-
accident
455
-
1 697
-
unemployment
668
-
2 490
-
total
5 555
-
12 863
-
Corporate
81 691
114 500
-
-
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.

73 522
103 050
-
-
total
73 522
103 050
-
-
Dividends
8 169
11 450
-
-
withholding
1 552
2 176
-
-
total
1 552
2 176
-
-
Income
114 500
114 500
114 500
114 500
Total tax
90 558
105 226
53 155
36 141
After tax
23 942
9 274
61 345
78 359
Living cost
17 326
17 326
17 326
17 326
Free-cash
6 616
-8 052
44 019
61 033

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
₽38085
₽43443
₽32471
₽27383
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.

-
-
-
114 500
trade
-
-
-
10 972
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.

-
-
-
32 106
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.

-
-
-
1 766
total
-
-
-
50 435
Employee

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

40 717
-
114 500
-
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
-
32 106
-
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
-
1 766
-
total
9 124
-
39 463
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 783
114 500
-
-
income
11 068
17 176
-
-
trade
10 588
16 430
-
-
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.

609
944
-
-
chamber of commerce
233
292
-
-
total
22 498
34 842
-
-
Dividends
51 285
79 658
-
-
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.

688
1 078
-
-
withholding
12 511
19 603
-
-
total
13 199
20 681
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 821
55 523
39 463
50 435
After tax
69 679
58 977
75 037
64 065
Living cost
31 594
31 594
31 594
31 594
Free-cash
38 085
27 383
43 443
32 471

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
₽67861
₽47142
₽18733
₽74575
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.

-
-
-
114 500
income
-
-
-
18 191
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
-
-
-
29 197
total
-
-
-
78 742
Employee
23 912
-
92 271
-
income
4 257
-
17 956
-
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
-
10 150
-
surtax
-
-
-
-
total
6 888
-
28 106
-
Employer
23 912
-
92 271
-
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
-
22 227
-
surtax
-
-
-
-
total
5 760
-
22 227
-
Corporate
84 828
114 500
-
-
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%.

16 966
22 900
-
-
total
16 966
22 900
-
-
Dividends

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

67 862
91 600
-
-
total
-
-
-
-
Income
114 500
114 500
114 500
114 500
Total tax
29 614
22 900
50 333
78 742
After tax
84 886
91 600
64 167
35 758
Living cost
17 025
17 025
17 025
17 025
Free-cash
67 861
74 575
47 142
18 733

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
₽59803
₽57837
₽58549
₽61446
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
-
-
-
114 500
income
-
-
-
33 363
health
-
-
-
5 290
pensions
-
-
-
7 296
total
-
-
-
45 949
Employee
15 234
-
106 292
-
health
762
-
1 824
-
unemployment
152
-
365
-
pensions
1 371
-
3 283
-
income
2 947
-
32 980
-
total
5 232
-
38 452
-
Employer
15 234
-
106 292
-
health
1 447
-
3 466
-
pensions
1 676
-
4 013
-
unemployment
305
-
730
-
total
3 428
-
8 209
-
Corporate
95 838
114 500
-
-
income
21 084
25 190
-
-
total
21 084
25 190
-
-
Dividends
74 753
89 310
-
-
withholding
14 951
17 862
-
-
total
14 951
17 862
-
-
Income
114 500
114 500
114 500
114 500
Total tax
44 695
43 052
46 661
45 949
After tax
69 805
71 448
67 839
68 551
Living cost
10 002
10 002
10 002
10 002
Free-cash
59 803
61 446
57 837
58 549

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
₽51036
₽33370
₽35952
₽53640
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
-
-
-
114 500
pensions
-
-
-
21 844
unemployment
-
-
-
186
income
-
-
-
26 630
other
-
-
-
-
health
-
-
-
7 754
surtax
-
-
-
3 753
total
-
-
-
60 167
Employee
27 559
-
94 590
-
health
703
-
2 413
-
unemployment
1 918
-
6 583
-
pensions
1 839
-
6 310
-
income
4 620
-
24 186
-
other
-
-
-
-
surtax
98
-
3 347
-
total
9 178
-
42 839
-
Employer
27 559
-
94 590
-
health
1 253
-
4 303
-
pensions
3 674
-
12 608
-
unemployment
874
-
2 999
-
other
-
-
-
-
total
5 801
-
19 910
-
Corporate
81 139
114 500
-
-
income
21 097
29 770
-
-
total
21 097
29 770
-
-
Dividends
60 043
84 730
-
-
withholding
9 007
12 709
-
-
total
9 007
12 709
-
-
Income
114 500
114 500
114 500
114 500
Total tax
45 083
42 479
62 749
60 167
After tax
69 417
72 021
51 751
54 333
Living cost
18 381
18 381
18 381
18 381
Free-cash
51 036
53 640
33 370
35 952

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
₽37209
₽4451
₽32217
₽37616
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
-
-
-
114 500
pensions
-
-
-
17 687
chamber of commerce
-
-
-