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
₽ 116500
per

Your estimated
City
free-cash

Valencia , Spain
₽52441
₽40350
₽43830
₽56126
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
-
-
-
116 500
unemployment
-
-
-
515
income
-
-
-
28 807
other
-
-
-
74
accident
-
-
-
662
pensions
-
-
-
20 803
total
-
-
-
50 861
Employee
29 325
-
93 065
-
unemployment
455
-
1 139
-
pensions
1 379
-
3 456
-
income
5 654
-
26 237
-
other
29
-
74
-
total
7 517
-
30 906
-
Employer
29 325
-
93 065
-
pensions
6 920
-
17 349
-
accident
581
-
1 455
-
unemployment
1 613
-
4 043
-
other
235
-
588
-
total
9 349
-
23 435
-
Corporate
77 825
116 500
-
-
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.

11 673
17 475
-
-
total
11 673
17 475
-
-
Dividends
66 152
99 025
-
-
withholding
13 711
21 090
-
-
total
13 711
21 090
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 250
38 565
54 341
50 861
After tax
74 250
77 935
62 159
65 639
Living cost
21 809
21 809
21 809
21 809
Free-cash
52 441
56 126
40 350
43 830

Estimated living cost  is ₽21809 per week

₽14721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4610
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
₽59105
₽45451
₽40633
₽64459
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
-
-
-
116 500
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.

-
-
-
27 959
income
-
-
-
16 115
other
-
-
-
5 534
health
-
-
-
5 126
total
-
-
-
54 734
Employee
28 796
-
93 048
-
health
403
-
1 303
-
unemployment
287
-
930
-
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.

2 015
-
6 514
-
income
4 958
-
17 719
-
total
7 663
-
26 466
-
Employer
28 796
-
93 048
-
health
403
-
1 303
-
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.

4 896
-
15 818
-
accident
230
-
745
-
unemployment
287
-
930
-
other
1 440
-
4 654
-
total
7 256
-
23 450
-
Corporate
80 446
116 500
-
-
income
16 894
24 465
-
-
total
16 894
24 465
-
-
Dividends
63 552
92 035
-
-
withholding
4 449
6 443
-
-
total
4 449
6 443
-
-
Income
116 500
116 500
116 500
116 500
Total tax
36 262
30 908
49 916
54 734
After tax
80 238
85 592
66 584
61 766
Living cost
21 133
21 133
21 133
21 133
Free-cash
59 105
64 459
45 451
40 633

Estimated living cost  is ₽21133 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
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.
₽4434
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
₽85541
₽85568
₽81247
₽89220
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
-
-
-
116 500
pensions

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

-
-
-
4 096
unemployment
-
-
-
111
income
-
-
-
17 475
health
-
-
-
3 183
total
-
-
-
24 865
Employee
13 756
-
111 070
-
health
633
-
1 273
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 208
-
2 430
-
income
1 375
-
11 107
-
total
3 367
-
15 114
-
Employer
13 756
-
111 070
-
health
949
-
1 910
-
pensions

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

1 516
-
3 050
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 698
-
5 430
-
Corporate
100 045
116 500
-
-
income
10 004
11 650
-
-
total
10 004
11 650
-
-
Dividends
90 041
104 850
-
-
withholding
4 502
5 242
-
-
total
4 502
5 242
-
-
Income
116 500
116 500
116 500
116 500
Total tax
20 571
16 892
20 544
24 865
After tax
95 929
99 608
95 956
91 635
Living cost
10 388
10 388
10 388
10 388
Free-cash
85 541
89 220
85 568
81 247

Estimated living cost  is ₽10388 per week

₽6065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3307
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
₽36268
₽39486
₽38893
₽31582
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
-
-
-
116 500
income
-
-
-
16 356
other
-
-
-
3 612
health
-
-
-
4 202
social contributions
-
-
-
3 319
pensions
-
-
-
22 984
surtax
-
-
-
-
total
-
-
-
50 473
Employee
33 943
-
91 569
-
pensions
3 838
-
5 782
-
income
2 003
-
16 557
-
social contributions
968
-
2 610
-
surtax
-
-
-
-
total
6 809
-
24 949
-
Employer
33 943
-
91 569
-
health
2 376
-
7 782
-
social contributions
102
-
275
-
pensions
5 576
-
9 842
-
unemployment
1 374
-
3 708
-
other
1 171
-
3 324
-
total
10 599
-
24 931
-
Corporate
71 957
116 500
-
-
income
20 148
32 620
-
-
surtax
-
-
-
-
total
20 148
32 620
-
-
Dividends
51 809
83 880
-
-
social contributions
8 911
14 427
-
-
surtax
-
-
-
-
withholding
6 631
10 737
-
-
total
15 542
25 164
-
-
Income
116 500
116 500
116 500
116 500
Total tax
53 098
57 784
49 880
50 473
After tax
63 402
58 716
66 620
66 027
Living cost
27 134
27 134
27 134
27 134
Free-cash
36 268
31 582
39 486
38 893

Estimated living cost  is ₽27134 per week

₽17109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7358
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
₽19250
₽37044
₽32708
₽24109
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
-
-
-
116 500
pensions
-
-
-
9 292
income
-
-
-
31 496
health
-
-
-
9 780
total
-
-
-
50 568
Employee
67 727
67 727
101 761
-
health
10 395
8 842
9 780
-
pensions
12 191
9 292
9 292
-
income

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

11 086
11 086
12 421
-
total
33 672
29 220
31 493
-
Employer
67 727
67 727
101 761
-
health
4 708
4 708
5 850
-
pensions
4 714
4 714
5 859
-
unemployment
2 438
2 438
3 030
-
total
11 860
11 860
14 739
-
Corporate
37 744
36 913
-
-
income
7 549
7 382
-
-
total
7 549
7 382
-
-
Dividends
30 195
29 531
-
-
income
6 416
6 276
-
-
withholding
4 529
4 429
-
-
total
10 945
10 705
-
-
Income
116 500
116 500
116 500
116 500
Total tax
64 026
59 167
46 232
50 568
After tax
52 474
57 333
70 268
65 932
Living cost
33 224
33 224
33 224
33 224
Free-cash
19 250
24 109
37 044
32 708

Estimated living cost  is ₽33224 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽6156
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
₽43548
₽51782
₽39240
₽34775
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.

-
-
-
116 500
trade
-
-
-
12 542
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.

-
-
-
33 439
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.

-
-
-
5 418
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.

-
-
-
1 839
total
-
-
-
53 238
Employee

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

30 334
-
116 500
-
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.

5 418
-
5 418
-
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.

847
-
33 439
-
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.

47
-
1 839
-
total
6 312
-
40 696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 166
116 500
-
-
income
12 925
17 475
-
-
trade
13 571
18 348
-
-
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.

710
962
-
-
chamber of commerce
244
287
-
-
total
27 450
37 072
-
-
Dividends
58 715
79 428
-
-
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.

790
1 076
-
-
withholding
14 378
19 555
-
-
total
15 168
20 631
-
-
Income
116 500
116 500
116 500
116 500
Total tax
48 930
57 703
40 696
53 238
After tax
67 570
58 797
75 804
63 262
Living cost
24 022
24 022
24 022
24 022
Free-cash
43 548
34 775
51 782
39 240

Estimated living cost  is ₽24022 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5662
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
₽62385
₽61339
₽62428
₽66702
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
-
-
-
116 500
income
-
-
-
19 907
health
-
-
-
2 971
social contributions
-
-
-
12 832
total
-
-
-
35 710
Employee
60 985
60 985
107 680
-
health
473
1 037
1 830
-
income
6 640
5 645
19 322
-
social contributions
2 306
5 061
6 827
-
total
9 419
11 743
27 979
-
Employer
60 985
60 985
107 680
-
health
513
1 129
1 993
-
social contributions
2 306
5 061
6 827
-
total
2 819
6 190
8 820
-
Corporate
85 900
49 324
-
-
income
10 737
6 166
-
-
total
10 737
6 166
-
-
Dividends
75 163
43 158
-
-
withholding
12 778
7 337
-
-
total
12 778
7 337
-
-
Income
116 500
116 500
116 500
116 500
Total tax
35 753
31 436
36 799
35 710
After tax
80 747
85 064
79 701
80 790
Living cost
18 362
18 362
18 362
18 362
Free-cash
62 385
66 702
61 339
62 428

Estimated living cost  is ₽18362 per week

₽11005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽5150
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
₽40590
₽30170
₽38316
₽41389
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.

-
-
-
116 500
income
-
-
-
12 823
social contributions

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

-
-
-
40 484
surtax
-
-
-
-
total
-
-
-
53 307
Employee
36 476
-
94 141
-
income
7 587
-
28 738
-
social contributions
4 012
-
10 356
-
surtax
-
-
-
-
total
11 599
-
39 094
-
Employer
36 476
-
94 141
-
social contributions
8 663
-
22 359
-
total
8 663
-
22 359
-
Corporate
71 361
116 500
-
-
income
14 986
24 465
-
-
surtax
-
-
-
-
total
14 986
24 465
-
-
Dividends
56 375
92 035
-
-
withholding
15 785
25 769
-
-
total
15 785
25 769
-
-
Income
116 500
116 500
116 500
116 500
Total tax
51 033
50 234
61 453
53 307
After tax
65 467
66 266
55 047
63 193
Living cost
24 877
24 877
24 877
24 877
Free-cash
40 590
41 389
30 170
38 316

Estimated living cost  is ₽24877 per week

₽18613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽4381
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
₽103545
₽87196
₽109331
₽104671
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%.

-
-
-
116 500
microenterprise

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

-
-
-
1 165
total
-
-
-
1 165
Employee
7 505
-
116 500
-
income
1 501
-
23 300
-
total
1 501
-
23 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

108 995
116 500
-
-
total
-
-
-
-
Dividends
108 995
116 500
-
-
withholding
5 450
5 825
-
-
total
5 450
5 825
-
-
Income
116 500
116 500
116 500
116 500
Total tax
6 951
5 825
23 300
1 165
After tax
109 549
110 675
93 200
115 335
Living cost
6 004
6 004
6 004
6 004
Free-cash
103 545
104 671
87 196
109 331

Estimated living cost  is ₽6004 per week

₽3721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1619
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
₽52305
₽33721
₽36804
₽58937
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.

-
-
-
116 500
pensions
-
-
-
21 275
unemployment
-
-
-
175
income
-
-
-
25 509
health
-
-
-
11 464
total
-
-
-
58 423
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.

35 071
-
100 804
-
health
2 265
-
6 512
-
unemployment
50
-
141
-
pensions
5 436
-
15 624
-
income
6 048
-
23 535
-
total
13 799
-
45 812
-
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.

35 071
-
100 804
-
health
2 336
-
6 714
-
pensions
3 103
-
8 920
-
unemployment
21
-
60
-
total
5 460
-
15 694
-
Corporate
75 969
116 500
-
-
income
14 433
22 135
-
-
total
14 433
22 135
-
-
Dividends
61 535
94 365
-
-
withholding
9 230
14 155
-
-
total
9 230
14 155
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 922
36 290
61 506
58 423
After tax
73 578
80 210
54 994
58 077
Living cost
21 273
21 273
21 273
21 273
Free-cash
52 305
58 937
33 721
36 804

Estimated living cost  is ₽21273 per week

₽14599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4899
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
₽45516
₽55460
₽60154
₽42745
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.

-
-
-
116 500
income
-
-
-
22 576
health

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

-
-
-
4 980
total
-
-
-
27 556
Employee
36 383
-
112 852
-
social contributions
3 645
-
3 648
-
income
3 948
-
24 954
-
total
7 593
-
28 602
-
Employer
36 383
-
112 852
-
social contributions
3 645
-
3 648
-
total
3 645
-
3 648
-
Corporate
76 472
116 500
-
-
income
26 766
40 775
-
-
total
26 766
40 775
-
-
Dividends
49 706
75 725
-
-
social contributions
4 190
4 190
-
-
total
4 190
4 190
-
-
Income
116 500
116 500
116 500
116 500
Total tax
42 194
44 965
32 250
27 556
After tax
74 306
71 535
84 250
88 944
Living cost
28 790
28 790
28 790
28 790
Free-cash
45 516
42 745
55 460
60 154

Estimated living cost  is ₽28790 per week

₽18964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2270
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽7114
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
₽54670
₽56279
₽57999
₽54259
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
-
-
-
116 500
income
-
-
-
17 475
health
-
-
-
8 132
social contributions
-
-
-
16 077
total
-
-
-
41 684
Employee
26 891
-
116 500
-
health
1 877
-
8 132
-
income
4 485
-
19 195
-
social contributions
3 711
-
16 077
-
total
10 073
-
43 404
-
Employer
26 891
-
116 500
-
total
-
-
-
-
Corporate
89 609
116 500
-
-
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%.

4 481
5 825
-
-
total
4 481
5 825
-
-
Dividends
85 129
110 675
-
-
social contributions
11 748
15 273
-
-
withholding
12 769
16 601
-
-
health
5 942
7 725
-
-
total
30 459
39 599
-
-
Income
116 500
116 500
116 500
116 500
Total tax
45 013
45 424
43 404
41 684
After tax
71 487
71 076
73 096
74 816
Living cost
16 817
16 817
16 817
16 817
Free-cash
54 670
54 259
56 279
57 999

Estimated living cost  is ₽16817 per week

₽11255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1037
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.
₽4137
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
₽50073
₽36907
₽41398
₽57998
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
-
-
-
116 500
income
-
-
-
11 225
health
-
-
-
15 727
social contributions
-
-
-
25 938
solidarity contribution
-
-
-
-
total
-
-
-
52 890
Employee
32 665
-
86 940
-
health
4 410
-
11 737
-
solidarity contribution
-
-
-
-
income
3 920
-
10 433
-
social contributions
2 123
-
5 651
-
total
10 453
-
27 821
-
Employer
32 665
-
86 940
-
health
2 940
-
7 825
-
social contributions
8 166
-
21 735
-
total
11 106
-
29 560
-
Corporate
72 730
116 500
-
-
income
13 819
22 135
-
-
total
13 819
22 135
-
-
Dividends
58 911
94 365
-
-
withholding
8 837
14 155
-
-
total
8 837
14 155
-
-
Income
116 500
116 500
116 500
116 500
Total tax
44 215
36 290
57 381
52 890
After tax
72 285
80 210
59 119
63 610
Living cost
22 212
22 212
22 212
22 212
Free-cash
50 073
57 998
36 907
41 398

Estimated living cost  is ₽22212 per week

₽16518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
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.
₽4079
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
₽99564
₽83843
₽105978
₽101318
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%.

-
-
-
116 500
microenterprise

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

-
-
-
1 165
total
-
-
-
1 165
Employee
11 696
-
116 500
-
income
2 339
-
23 300
-
total
2 339
-
23 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

104 804
116 500
-
-
total
-
-
-
-
Dividends
104 804
116 500
-
-
withholding
5 240
5 825
-
-
total
5 240
5 825
-
-
Income
116 500
116 500
116 500
116 500
Total tax
7 579
5 825
23 300
1 165
After tax
108 921
110 675
93 200
115 335
Living cost
9 357
9 357
9 357
9 357
Free-cash
99 564
101 318
83 843
105 978

Estimated living cost  is ₽9357 per week

₽6332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
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.
₽2318
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
₽25864
₽28315
₽27722
₽20411
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
-
-
-
116 500
income
-
-
-
16 356
other
-
-
-
3 612
health
-
-
-
4 202
social contributions
-
-
-
3 319
pensions
-
-
-
22 984
surtax
-
-
-
-
total
-
-
-
50 473
Employee
49 673
-
91 569
-
pensions
5 618
-
5 782
-
income
4 334
-
16 557
-
social contributions
1 415
-
2 610
-
surtax
-
-
-
-
total
11 367
-
24 949
-
Employer
49 673
-
91 569
-
health
3 477
-
7 782
-
social contributions
149
-
275
-
pensions
8 162
-
9 842
-
unemployment
2 012
-
3 708
-
other
1 714
-
3 324
-
total
15 514
-
24 931
-
Corporate
51 313
116 500
-
-
income
14 367
32 620
-
-
surtax
-
-
-
-
total
14 367
32 620
-
-
Dividends
36 946
83 880
-
-
social contributions
6 354
14 427
-
-
surtax
-
-
-
-
withholding
4 729
10 737
-
-
total
11 083
25 164
-
-
Income
116 500
116 500
116 500
116 500
Total tax
52 331
57 784
49 880
50 473
After tax
64 169
58 716
66 620
66 027
Living cost
38 305
38 305
38 305
38 305
Free-cash
25 864
20 411
28 315
27 722

Estimated living cost  is ₽38305 per week

₽25924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽8722
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
₽66617
₽54936
₽54936
₽70505
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.

-
-
-
116 500
pensions
-
-
-
15 183
unemployment
-
-
-
876
income
-
-
-
25 824
health
-
-
-
6 015
total
-
-
-
47 898
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.

20 607
-
106 047
-
health
1 061
-
3 007
-
unemployment
155
-
438
-
pensions
2 885
-
8 176
-
income
2 840
-
25 824
-
total
6 941
-
37 445
-
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.

20 607
-
106 047
-
health
1 061
-
3 007
-
pensions
2 473
-
7 008
-
unemployment
155
-
438
-
total
3 689
-
10 453
-
Corporate
92 205
116 500
-
-
income
13 831
17 475
-
-
total
13 831
17 475
-
-
Dividends
78 374
99 025
-
-
withholding
11 756
14 854
-
-
total
11 756
14 854
-
-
Income
116 500
116 500
116 500
116 500
Total tax
36 217
32 329
47 898
47 898
After tax
80 283
84 171
68 602
68 602
Living cost
13 666
13 666
13 666
13 666
Free-cash
66 617
70 505
54 936
54 936

Estimated living cost  is ₽13666 per week

₽9201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽3012
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
₽22378
₽35187
₽40749
-₽729
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
-
-
-
116 500
pensions
-
-
-
10 718
city
-
-
-
1 227
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.

-
-
-
2 330
health
-
-
-
262
regional
-
-
-
5 537
national
-
-
-
1 677
total
-
-
-
21 751
Employee
63 194
-
104 274
-
health
143
-
234
-
unemployment
-
-
-
-
city
678
-
1 121
-
pensions
5 309
-
8 758
-
regional
2 069
-
4 793
-
national
299
-
1 329
-
total
8 498
-
16 235
-
Employer
63 194
-
104 274
-
health
143
-
234
-
pensions
5 309
-
8 758
-
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.

1 263
-
2 086
-
total
6 715
-
11 078
-
Corporate
45 896
116 500
-
-
regional
9 707
24 640
-
-
national
3 901
9 903
-
-
total
13 608
34 543
-
-
Dividends
32 288
81 958
-
-
withholding
11 301
28 686
-
-
total
11 301
28 686
-
-
Income
116 500
116 500
116 500
116 500
Total tax
40 122
63 229
27 313
21 751
After tax
76 378
53 271
89 187
94 749
Living cost
54 000
54 000
54 000
54 000
Free-cash
22 378
-729
35 187
40 749

Estimated living cost  is ₽54000 per week

₽35115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
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.
₽13375
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
₽45430
₽32141
₽48065
₽43993
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

-
-
-
116 500
municipal
-
-
-
20 706
health
-
-
-
1 463
national
-
-
-
15 817
total
-
-
-
37 986
Employee
41 726
-
98 007
-
health
312
-
1 178
-
unemployment
626
-
1 470
-
pensions
2 816
-
6 616
-
national
689
-
10 180
-
municipal
6 834
-
15 973
-
total
11 277
-
35 417
-
Employer
41 726
-
98 007
-
health
321
-
754
-
pensions
7 239
-
17 004
-
accident
42
-
98
-
unemployment
271
-
637
-
total
7 873
-
18 493
-
Corporate
66 901
116 500
-
-
income
13 380
23 300
-
-
total
13 380
23 300
-
-
Dividends

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

40 141
69 900
-
-
municipal
7 226
12 582
-
-
national
865
6 176
-
-
total
8 091
18 758
-
-
Income
116 500
116 500
116 500
116 500
Total tax
40 621
42 058
53 910
37 986
After tax
75 879
74 442
62 590
78 514
Living cost
30 449
30 449
30 449
30 449
Free-cash
45 430
43 993
32 141
48 065

Estimated living cost  is ₽30449 per week

₽19889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
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
₽24391
₽13395
₽22118
₽36284
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
-
-
-
116 500
communal

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

-
-
-
5 895
social contributions
-
-
-
18 237
national
-
-
-
41 333
total
-
-
-
65 465
Employee

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

56 731
-
90 234
-
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.

2 665
-
4 240
-
communal

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

2 959
-
4 706
-
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.

494
-
786
-
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.

4 255
-
6 768
-
national
17 441
-
31 422
-
total
27 814
-
47 922
-
Employer

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

56 731
-
90 234
-
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.

3 489
-
5 549
-
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.

5 027
-
7 995
-
surtax
6 433
-
10 231
-
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.

737
-
1 174
-
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.

828
-
1 317
-
total
16 514
-
26 266
-
Corporate
43 256
116 500
-
-
income
8 651
23 300
-
-
surtax
173
467
-
-
total
8 824
23 767
-
-
Dividends
34 432
92 734
-
-
withholding

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

10 040
27 532
-
-
total
10 040
27 532
-
-
Income
116 500
116 500
116 500
116 500
Total tax
63 192
51 299
74 188
65 465
After tax
53 308
65 201
42 312
51 035
Living cost
28 917
28 917
28 917
28 917
Free-cash
24 391
36 284
13 395
22 118

Estimated living cost  is ₽28917 per week

₽18626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽7310
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
₽28540
₽26506
₽27429
₽29311
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
-
-
-
116 500
unemployment
-
-
-
75
municipal
-
-
-
28 246
other
-
-
-
8 735
health
-
-
-
4 691
national
-
-
-
4 750
accident
-
-
-
150
pensions
-
-
-
8 126
total
-
-
-
54 773
Employee
48 872
-
92 882
-
national
-
-
4 381
-
municipal
14 574
-
27 697
-
total
14 574
-
32 078
-
Employer
48 872
-
92 882
-
health
3 006
-
4 623
-
pensions
5 283
-
8 126
-
accident
98
-
150
-
unemployment
1 290
-
1 984
-
other
5 679
-
8 735
-
total
15 356
-
23 618
-
Corporate
52 272
116 500
-
-
income
11 500
25 630
-
-
total
11 500
25 630
-
-
Dividends
40 772
90 870
-
-
withholding
12 232
27 261
-
-
total
12 232
27 261
-
-
Income
116 500
116 500
116 500
116 500
Total tax
53 662
52 891
55 696
54 773
After tax
62 838
63 609
60 804
61 727
Living cost
34 298
34 298
34 298
34 298
Free-cash
28 540
29 311
26 506
27 429

Estimated living cost  is ₽34298 per week

₽22732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽7680
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
-₽15238
₽66754
₽42388
₽32756
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
-
-
-
116 500
income
-
-
-
22 708
social contributions
-
-
-
13 281
total
-
-
-
35 989
Employee
54 663
-
-
-
income
12 058
-
-
-
social contributions
4 482
-
639
-
total
16 540
-
639
-
Employer
54 663
-
-
-
social contributions
77 075
-
10 984
-
total
77 075
-
10 984
-
Corporate
-
116 500
-
-
income
-
25 630
-
-
total
-
25 630
-
-
Dividends
-
90 870
-
-
income
-
19 991
-
-
total
-
19 991
-
-
Income
116 500
116 500
116 500
116 500
Total tax
93 615
45 621
11 623
35 989
After tax
22 885
70 879
104 877
80 511
Living cost
38 123
38 123
38 123
38 123
Free-cash
-15 238
32 756
66 754
42 388

Estimated living cost  is ₽38123 per week

₽24736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽9316
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
₽56050
₽53977
₽55066
₽59340
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
-
-
-
116 500
income
-
-
-
19 907
health
-
-
-
2 971
social contributions
-
-
-
12 832
total
-
-
-
35 710
Employee
60 985
60 985
107 680
-
health
607
1 037
1 830
-
income
6 404
5 645
19 322
-
social contributions
2 963
5 061
6 827
-
total
9 974
11 743
27 979
-
Employer
60 985
60 985
107 680
-
health
661
1 129
1 993
-
social contributions
2 963
5 061
6 827
-
total
3 624
6 190
8 820
-
Corporate
77 178
49 324
-
-
income
9 647
6 166
-
-
total
9 647
6 166
-
-
Dividends
67 530
43 158
-
-
withholding
11 481
7 337
-
-
total
11 481
7 337
-
-
Income
116 500
116 500
116 500
116 500
Total tax
34 726
31 436
36 799
35 710
After tax
81 774
85 064
79 701
80 790
Living cost
25 724
25 724
25 724
25 724
Free-cash
56 050
59 340
53 977
55 066

Estimated living cost  is ₽25724 per week

₽17585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5698
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
₽54397
₽39676
₽50316
₽49893
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
-
-
-
116 500
income
-
-
-
31 442
pensions
-
-
-
6 493
total
-
-
-
37 935
Employee
38 776
-
101 932
-
health
506
-
1 546
-
pensions
2 960
-
8 114
-
income
7 061
-
24 347
-
total
10 527
-
34 007
-
Employer
38 776
-
101 932
-
health
737
-
1 936
-
pensions
3 918
-
12 632
-
total
4 655
-
14 568
-
Corporate
73 069
116 500
-
-
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.

13 883
22 136
-
-
total
13 883
22 136
-
-
Dividends
59 186
94 364
-
-
withholding
4 789
16 222
-
-
total
4 789
16 222
-
-
Income
116 500
116 500
116 500
116 500
Total tax
33 854
38 358
48 575
37 935
After tax
82 646
78 142
67 925
78 565
Living cost
28 249
28 249
28 249
28 249
Free-cash
54 397
49 893
39 676
50 316

Estimated living cost  is ₽28249 per week

₽19379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5917
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
₽26160
₽18820
₽24061
₽29770
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
-
-
-
116 500
municipal
-
-
-
778
regional
-
-
-
2 644
social contributions
-
-
-
29 964
national
-
-
-
27 458
total
-
-
-
60 844
Employee
66 831
-
116 500
-
social contributions
22 535
-
39 283
-
regional
1 009
-
2 303
-
national
11 294
-
23 804
-
municipal
399
-
695
-
total
35 237
-
66 085
-
Employer
66 831
-
116 500
-
total
-
-
-
-
Corporate
49 669
116 500
-
-
nationa
11 920
27 959
-
-
municipal
2 395
5 615
-
-
total
14 315
33 574
-
-
Dividends
35 354
82 925
-
-
withholding
9 193
21 561
-
-
total
9 193
21 561
-
-
Income
116 500
116 500
116 500
116 500
Total tax
58 745
55 135
66 085
60 844
After tax
57 755
61 365
50 415
55 656
Living cost
31 595
31 595
31 595
31 595
Free-cash
26 160
29 770
18 820
24 061

Estimated living cost  is ₽31595 per week

₽22193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
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.
₽6750
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
₽6834
₽45636
₽62743
-₽7529
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
-
-
-
116 500
pensions
-
-
-
3 209
income
-
-
-
31 420
other
-
-
-
286
health
-
-
-
1 682
accident
-
-
-
195
total
-
-
-
36 792
Employee
26 687
-
103 730
-
health
3 056
-
11 877
-
pensions
3 005
-
5 883
-
income
3 661
-
23 369
-
total
9 722
-
41 129
-
Employer
26 687
-
103 730
-
pensions
4 340
-
8 496
-
accident
446
-
1 732
-
unemployment
654
-
2 542
-
total
5 440
-
12 770
-
Corporate
84 374
116 500
-
-
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.

75 936
104 850
-
-
total
75 936
104 850
-
-
Dividends
8 438
11 650
-
-
withholding
1 603
2 214
-
-
total
1 603
2 214
-
-
Income
116 500
116 500
116 500
116 500
Total tax
92 701
107 064
53 899
36 792
After tax
23 799
9 436
62 601
79 708
Living cost
16 965
16 965
16 965
16 965
Free-cash
6 834
-7 529
45 636
62 743

Estimated living cost  is ₽16965 per week

₽12434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽3237
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
₽39753
₽45185
₽33759
₽29376
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.

-
-
-
116 500
trade
-
-
-
11 426
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.

-
-
-
33 439
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.

-
-
-
5 418
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.

-
-
-
1 839
total
-
-
-
52 122
Employee

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

39 461
-
116 500
-
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.

5 418
-
5 418
-
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.

3 245
-
33 439
-
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.

179
-
1 839
-
total
8 842
-
40 696
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 039
116 500
-
-
income
11 556
17 475
-
-
trade
11 055
16 718
-
-
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.

635
962
-
-
chamber of commerce
233
292
-
-
total
23 479
35 447
-
-
Dividends
53 560
81 053
-
-
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.

719
1 097
-
-
withholding
13 088
19 961
-
-
total
13 807
21 058
-
-
Income
116 500
116 500
116 500
116 500
Total tax
46 128
56 505
40 696
52 122
After tax
70 372
59 995
75 804
64 378
Living cost
30 619
30 619
30 619
30 619
Free-cash
39 753
29 376
45 185
33 759

Estimated living cost  is ₽30619 per week

₽21122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽5758
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
₽70194
₽54723
₽21002
₽76700
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.

-
-
-
116 500
income
-
-
-
18 903
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.

-
-
-
30 387
surtax
-
-
-
29 708
total
-
-
-
78 998
Employee
23 175
-
83 118
-
income
4 125
-
16 111
-
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.

2 550
-
9 143
-
surtax
-
-
-
-
total
6 675
-
25 254
-
Employer
23 175
-
83 118
-
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.

5 582
-
20 023
-
surtax
-
-
-
-
total
5 582
-
20 023
-
Corporate
87 743
116 500
-
-
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%.

17 549
23 300
-
-
total
17 549
23 300
-
-
Dividends

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

70 194
93 200
-
-
total
-
-
-
-
Income
116 500
116 500
116 500
116 500
Total tax
29 806
23 300
45 277
78 998
After tax
86 694
93 200
71 223
37 502
Living cost
16 500
16 500
16 500
16 500
Free-cash
70 194
76 700
54 723
21 002

Estimated living cost  is ₽16500 per week

₽10526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4028
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
₽61266
₽59447
₽60145
₽62880
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
-
-
-
116 500
income
-
-
-
34 188
health
-
-
-
5 191
pensions
-
-
-
7 160
total
-
-
-
46 539
Employee
14 951
-
108 445
-
health
748
-
1 790
-
unemployment
150
-
358
-
pensions
1 346
-
3 222
-
income
2 892
-
33 812
-
total
5 136
-
39 182
-
Employer
14 951
-
108 445
-
health
1 420
-
3 401
-
pensions
1 645
-
3 938
-
unemployment
299
-
716
-
total
3 364
-
8 055
-
Corporate
98 185
116 500
-
-
income
21 601
25 630
-
-
total
21 601
25 630
-
-
Dividends
76 584
90 870
-
-
withholding
15 317
18 174
-
-
total
15 317
18 174
-
-
Income
116 500
116 500
116 500
116 500
Total tax
45 418
43 804
47 237
46 539
After tax
71 082
72 696
69 263
69 961
Living cost
9 816
9 816
9 816
9 816
Free-cash
61 266
62 880
59 447
60 145

Estimated living cost  is ₽9816 per week

₽5833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
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.
₽2962
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
₽52941
₽34159
₽37469
₽55464
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
-
-
-
116 500
pensions
-
-
-
21 170
unemployment
-
-
-
181
income
-
-
-
28 298
other
-
-
-
-
health
-
-
-
7 515
surtax
-
-
-
4 053
total
-
-
-
61 217
Employee
26 709
-
96 241
-
health
682
-
2 455
-
unemployment
1 859
-
6 699
-
pensions
1 782
-
6 419
-
income
4 478
-
25 163
-
other
-
-
-
-
surtax
95
-
3 531
-
total
8 896
-
44 267
-
Employer
26 709
-
96 241
-
health
1 215
-
4 380
-
pensions
3 561
-
12 829
-
unemployment
847
-
3 051
-
other
-
-
-
-
total
5 623
-
20 260
-
Corporate
84 168
116 500
-
-
income
21 883
30 291
-
-
total
21 883
30 291
-
-
Dividends
62 285
86 209
-
-
withholding
9 343
12 931
-
-
total
9 343
12 931
-
-
Income
116 500
116 500
116 500
116 500
Total tax
45 745
43 222
64 527
61 217
After tax
70 755
73 278
51 973
55 283
Living cost
17 814
17 814
17 814
17 814
Free-cash
52 941
55 464
34 159
37 469

Estimated living cost  is ₽17814 per week

₽10755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽5098
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
₽39071
₽5281
₽34409
₽39463
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
-
-
-
116 500
pensions
-
-
-
17 141
chamber of commerce
-
-
-