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
₽ 117500
per

Your estimated
City
free-cash

Valencia , Spain
₽52343
₽39995
₽43777
₽56180
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
-
-
-
117 500
unemployment
-
-
-
530
income
-
-
-
28 552
other
-
-
-
76
accident
-
-
-
682
pensions
-
-
-
21 423
total
-
-
-
51 263
Employee
30 200
-
93 366
-
unemployment
468
-
1 173
-
pensions
1 420
-
3 559
-
income
5 822
-
26 103
-
other
29
-
76
-
total
7 739
-
30 911
-
Employer
30 200
-
93 366
-
pensions
7 127
-
17 866
-
accident
598
-
1 499
-
unemployment
1 662
-
4 163
-
other
242
-
606
-
total
9 629
-
24 134
-
Corporate
77 671
117 500
-
-
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.

11 651
17 624
-
-
total
11 651
17 624
-
-
Dividends
66 020
99 876
-
-
withholding
13 678
21 236
-
-
total
13 678
21 236
-
-
Income
117 500
117 500
117 500
117 500
Total tax
42 697
38 860
55 045
51 263
After tax
74 803
78 640
62 455
66 237
Living cost
22 460
22 460
22 460
22 460
Free-cash
52 343
56 180
39 995
43 777

Estimated living cost  is ₽22460 per week

₽15160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
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.
₽4747
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
₽59050
₽45467
₽40604
₽64565
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
-
-
-
117 500
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.

-
-
-
28 201
income
-
-
-
16 180
other
-
-
-
5 581
health
-
-
-
5 171
total
-
-
-
55 133
Employee
29 656
-
93 849
-
health
415
-
1 314
-
unemployment
296
-
938
-
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.

2 075
-
6 569
-
income
5 106
-
17 801
-
total
7 892
-
26 622
-
Employer
29 656
-
93 849
-
health
415
-
1 314
-
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.

5 042
-
15 954
-
accident
237
-
750
-
unemployment
296
-
938
-
other
1 483
-
4 692
-
total
7 473
-
23 648
-
Corporate
80 371
117 500
-
-
income
16 877
24 675
-
-
total
16 877
24 675
-
-
Dividends
63 493
92 825
-
-
withholding
4 445
6 497
-
-
total
4 445
6 497
-
-
Income
117 500
117 500
117 500
117 500
Total tax
36 687
31 172
50 270
55 133
After tax
80 813
86 328
67 230
62 367
Living cost
21 763
21 763
21 763
21 763
Free-cash
59 050
64 565
45 467
40 604

Estimated living cost  is ₽21763 per week

₽15377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽4566
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
₽85959
₽85870
₽81547
₽89753
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
-
-
-
117 500
pensions

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

-
-
-
4 223
unemployment
-
-
-
114
income
-
-
-
17 625
health
-
-
-
3 281
total
-
-
-
25 243
Employee
14 182
-
111 902
-
health
652
-
1 313
-
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.

1 245
-
2 505
-
income
1 418
-
11 190
-
total
3 471
-
15 322
-
Employer
14 182
-
111 902
-
health
979
-
1 969
-
pensions

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

1 563
-
3 144
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
171
-
total
2 783
-
5 598
-
Corporate
100 535
117 500
-
-
income
10 053
11 750
-
-
total
10 053
11 750
-
-
Dividends
90 482
105 750
-
-
withholding
4 524
5 287
-
-
total
4 524
5 287
-
-
Income
117 500
117 500
117 500
117 500
Total tax
20 831
17 037
20 920
25 243
After tax
96 669
100 463
96 580
92 257
Living cost
10 710
10 710
10 710
10 710
Free-cash
85 959
89 753
85 870
81 547

Estimated living cost  is ₽10710 per week

₽6253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽765
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.
₽3409
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
₽36102
₽39580
₽38699
₽31275
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
-
-
-
117 500
income
-
-
-
16 257
other
-
-
-
3 642
health
-
-
-
4 145
social contributions
-
-
-
3 348
pensions
-
-
-
23 465
surtax
-
-
-
-
total
-
-
-
50 857
Employee
34 956
-
92 519
-
pensions
3 952
-
5 777
-
income
2 063
-
16 582
-
social contributions
997
-
2 636
-
surtax
-
-
-
-
total
7 012
-
24 995
-
Employer
34 956
-
92 519
-
health
2 447
-
7 783
-
social contributions
105
-
277
-
pensions
5 743
-
9 843
-
unemployment
1 415
-
3 748
-
other
1 206
-
3 330
-
total
10 916
-
24 981
-
Corporate
71 628
117 500
-
-
income
20 056
32 899
-
-
surtax
-
-
-
-
total
20 056
32 899
-
-
Dividends
51 571
84 601
-
-
social contributions
8 869
14 552
-
-
surtax
-
-
-
-
withholding
6 601
10 830
-
-
total
15 470
25 382
-
-
Income
117 500
117 500
117 500
117 500
Total tax
53 454
58 281
49 976
50 857
After tax
64 046
59 219
67 524
66 643
Living cost
27 944
27 944
27 944
27 944
Free-cash
36 102
31 275
39 580
38 699

Estimated living cost  is ₽27944 per week

₽17620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7578
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
₽18560
₽36334
₽32489
₽23566
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
-
-
-
117 500
pensions
-
-
-
9 569
income
-
-
-
31 155
health
-
-
-
10 072
total
-
-
-
50 796
Employee
69 748
69 748
102 321
-
health
10 706
9 106
10 072
-
pensions
12 555
9 569
9 569
-
income

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

11 417
11 417
12 131
-
total
34 678
30 092
31 772
-
Employer
69 748
69 748
102 321
-
health
4 848
4 848
6 025
-
pensions
4 854
4 854
6 034
-
unemployment
2 511
2 511
3 120
-
total
12 213
12 213
15 179
-
Corporate
36 394
35 539
-
-
income
7 279
7 108
-
-
total
7 279
7 108
-
-
Dividends
29 116
28 431
-
-
income
6 187
6 042
-
-
withholding
4 368
4 264
-
-
total
10 555
10 306
-
-
Income
117 500
117 500
117 500
117 500
Total tax
64 725
59 719
46 951
50 796
After tax
52 775
57 781
70 549
66 704
Living cost
34 215
34 215
34 215
34 215
Free-cash
18 560
23 566
36 334
32 489

Estimated living cost  is ₽34215 per week

₽24247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6339
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
₽43603
₽51947
₽39422
₽34567
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.

-
-
-
117 500
trade
-
-
-
12 525
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.

-
-
-
33 397
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.

-
-
-
5 580
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.

-
-
-
1 837
total
-
-
-
53 339
Employee

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

31 239
-
117 500
-
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.

5 580
-
5 580
-
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.

873
-
33 397
-
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
-
1 837
-
total
6 501
-
40 814
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 261
117 500
-
-
income
12 939
17 624
-
-
trade
13 585
18 506
-
-
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.

711
969
-
-
chamber of commerce
248
293
-
-
total
27 483
37 392
-
-
Dividends
58 777
80 107
-
-
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
1 085
-
-
withholding
14 384
19 717
-
-
total
15 174
20 802
-
-
Income
117 500
117 500
117 500
117 500
Total tax
49 158
58 194
40 814
53 339
After tax
68 342
59 306
76 686
64 161
Living cost
24 739
24 739
24 739
24 739
Free-cash
43 603
34 567
51 947
39 422

Estimated living cost  is ₽24739 per week

₽15562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
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.
₽5831
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
₽62447
₽61616
₽62723
₽66895
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
-
-
-
117 500
income
-
-
-
19 656
health
-
-
-
2 996
social contributions
-
-
-
13 215
total
-
-
-
35 867
Employee
62 805
62 805
108 462
-
health
487
1 068
1 844
-
income
6 838
5 814
19 061
-
social contributions
2 375
5 212
7 031
-
total
9 700
12 094
27 936
-
Employer
62 805
62 805
108 462
-
health
529
1 162
2 007
-
social contributions
2 375
5 212
7 031
-
total
2 904
6 374
9 038
-
Corporate
85 987
48 320
-
-
income
10 749
6 040
-
-
total
10 749
6 040
-
-
Dividends
75 238
42 280
-
-
withholding
12 790
7 187
-
-
total
12 790
7 187
-
-
Income
117 500
117 500
117 500
117 500
Total tax
36 143
31 695
36 974
35 867
After tax
81 357
85 805
80 526
81 633
Living cost
18 910
18 910
18 910
18 910
Free-cash
62 447
66 895
61 616
62 723

Estimated living cost  is ₽18910 per week

₽11333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
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.
₽5304
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
₽40390
₽30092
₽38213
₽41215
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.

-
-
-
117 500
income
-
-
-
12 836
social contributions

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

-
-
-
40 832
surtax
-
-
-
-
total
-
-
-
53 668
Employee
37 564
-
94 950
-
income
7 814
-
28 794
-
social contributions
4 132
-
10 445
-
surtax
-
-
-
-
total
11 946
-
39 239
-
Employer
37 564
-
94 950
-
social contributions
8 922
-
22 550
-
total
8 922
-
22 550
-
Corporate
71 014
117 500
-
-
income
14 914
24 675
-
-
surtax
-
-
-
-
total
14 914
24 675
-
-
Dividends
56 100
92 825
-
-
withholding
15 709
25 991
-
-
total
15 709
25 991
-
-
Income
117 500
117 500
117 500
117 500
Total tax
51 491
50 666
61 789
53 668
After tax
66 009
66 834
55 711
63 832
Living cost
25 619
25 619
25 619
25 619
Free-cash
40 390
41 215
30 092
38 213

Estimated living cost  is ₽25619 per week

₽19168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽4512
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
₽104394
₽87910
₽110235
₽105535
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%.

-
-
-
117 500
microenterprise

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

-
-
-
1 175
total
-
-
-
1 175
Employee
7 613
-
117 500
-
income
1 522
-
23 500
-
total
1 522
-
23 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

109 887
117 500
-
-
total
-
-
-
-
Dividends
109 887
117 500
-
-
withholding
5 494
5 875
-
-
total
5 494
5 875
-
-
Income
117 500
117 500
117 500
117 500
Total tax
7 016
5 875
23 500
1 175
After tax
110 484
111 625
94 000
116 325
Living cost
6 090
6 090
6 090
6 090
Free-cash
104 394
105 535
87 910
110 235

Estimated living cost  is ₽6090 per week

₽3774
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.
₽1642
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
₽52160
₽33706
₽36817
₽58991
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.

-
-
-
117 500
pensions
-
-
-
21 459
unemployment
-
-
-
177
income
-
-
-
25 577
health
-
-
-
11 563
total
-
-
-
58 776
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.

36 117
-
101 670
-
health
2 333
-
6 569
-
unemployment
51
-
143
-
pensions
5 598
-
15 758
-
income
6 228
-
23 588
-
total
14 210
-
46 058
-
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.

36 117
-
101 670
-
health
2 406
-
6 772
-
pensions
3 196
-
8 997
-
unemployment
22
-
60
-
total
5 624
-
15 829
-
Corporate
75 760
117 500
-
-
income
14 394
22 325
-
-
total
14 394
22 325
-
-
Dividends
61 365
95 175
-
-
withholding
9 205
14 277
-
-
total
9 205
14 277
-
-
Income
117 500
117 500
117 500
117 500
Total tax
43 433
36 602
61 887
58 776
After tax
74 067
80 898
55 613
58 724
Living cost
21 907
21 907
21 907
21 907
Free-cash
52 160
58 991
33 706
36 817

Estimated living cost  is ₽21907 per week

₽15035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5045
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
₽45264
₽55505
₽59432
₽42411
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.

-
-
-
117 500
income
-
-
-
23 249
health

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

-
-
-
5 171
total
-
-
-
28 420
Employee
37 468
-
113 743
-
social contributions
3 754
-
3 757
-
income
4 066
-
24 832
-
total
7 820
-
28 589
-
Employer
37 468
-
113 743
-
social contributions
3 754
-
3 757
-
total
3 754
-
3 757
-
Corporate
76 278
117 500
-
-
income
26 698
41 125
-
-
total
26 698
41 125
-
-
Dividends
49 580
76 375
-
-
social contributions
4 315
4 315
-
-
total
4 315
4 315
-
-
Income
117 500
117 500
117 500
117 500
Total tax
42 587
45 440
32 346
28 420
After tax
74 913
72 060
85 154
89 080
Living cost
29 648
29 648
29 648
29 648
Free-cash
45 264
42 411
55 505
59 432

Estimated living cost  is ₽29648 per week

₽19529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7327
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
₽54791
₽56490
₽58140
₽54366
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
-
-
-
117 500
income
-
-
-
17 624
health
-
-
-
8 201
social contributions
-
-
-
16 216
total
-
-
-
42 041
Employee
27 693
-
117 500
-
health
1 933
-
8 201
-
income
4 619
-
19 274
-
social contributions
3 822
-
16 216
-
total
10 374
-
43 691
-
Employer
27 693
-
117 500
-
total
-
-
-
-
Corporate
89 807
117 500
-
-
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%.

4 490
5 874
-
-
total
4 490
5 874
-
-
Dividends
85 317
111 626
-
-
social contributions
11 773
15 405
-
-
withholding
12 798
16 744
-
-
health
5 955
7 792
-
-
total
30 526
39 941
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 390
45 815
43 691
42 041
After tax
72 110
71 685
73 809
75 459
Living cost
17 319
17 319
17 319
17 319
Free-cash
54 791
54 366
56 490
58 140

Estimated living cost  is ₽17319 per week

₽11591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
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.
₽4261
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
₽50012
₽36861
₽41030
₽58134
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
-
-
-
117 500
income
-
-
-
11 258
health
-
-
-
15 863
social contributions
-
-
-
26 584
solidarity contribution
-
-
-
-
total
-
-
-
53 705
Employee
33 478
-
87 687
-
health
4 520
-
11 838
-
solidarity contribution
-
-
-
-
income
4 017
-
10 522
-
social contributions
2 176
-
5 700
-
total
10 713
-
28 060
-
Employer
33 478
-
87 687
-
health
3 013
-
7 892
-
social contributions
8 370
-
21 922
-
total
11 383
-
29 814
-
Corporate
72 639
117 500
-
-
income
13 801
22 325
-
-
total
13 801
22 325
-
-
Dividends
58 838
95 175
-
-
withholding
8 826
14 276
-
-
total
8 826
14 276
-
-
Income
117 500
117 500
117 500
117 500
Total tax
44 723
36 601
57 874
53 705
After tax
72 777
80 899
59 626
63 795
Living cost
22 765
22 765
22 765
22 765
Free-cash
50 012
58 134
36 861
41 030

Estimated living cost  is ₽22765 per week

₽16930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
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.
₽4181
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
₽100354
₽84509
₽106834
₽102134
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%.

-
-
-
117 500
microenterprise

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

-
-
-
1 175
total
-
-
-
1 175
Employee
11 864
-
117 500
-
income
2 373
-
23 500
-
total
2 373
-
23 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

105 636
117 500
-
-
total
-
-
-
-
Dividends
105 636
117 500
-
-
withholding
5 282
5 875
-
-
total
5 282
5 875
-
-
Income
117 500
117 500
117 500
117 500
Total tax
7 655
5 875
23 500
1 175
After tax
109 845
111 625
94 000
116 325
Living cost
9 491
9 491
9 491
9 491
Free-cash
100 354
102 134
84 509
106 834

Estimated living cost  is ₽9491 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.
₽2351
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
₽25387
₽28076
₽27195
₽19771
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
-
-
-
117 500
income
-
-
-
16 257
other
-
-
-
3 642
health
-
-
-
4 145
social contributions
-
-
-
3 348
pensions
-
-
-
23 465
surtax
-
-
-
-
total
-
-
-
50 857
Employee
51 155
-
92 519
-
pensions
5 786
-
5 777
-
income
4 463
-
16 582
-
social contributions
1 457
-
2 636
-
surtax
-
-
-
-
total
11 706
-
24 995
-
Employer
51 155
-
92 519
-
health
3 580
-
7 783
-
social contributions
153
-
277
-
pensions
8 405
-
9 843
-
unemployment
2 072
-
3 748
-
other
1 765
-
3 330
-
total
15 975
-
24 981
-
Corporate
50 368
117 500
-
-
income
14 103
32 899
-
-
surtax
-
-
-
-
total
14 103
32 899
-
-
Dividends
36 265
84 601
-
-
social contributions
6 239
14 552
-
-
surtax
-
-
-
-
withholding
4 642
10 830
-
-
total
10 881
25 382
-
-
Income
117 500
117 500
117 500
117 500
Total tax
52 665
58 281
49 976
50 857
After tax
64 835
59 219
67 524
66 643
Living cost
39 448
39 448
39 448
39 448
Free-cash
25 387
19 771
28 076
27 195

Estimated living cost  is ₽39448 per week

₽26698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
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.
₽8982
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
₽66816
₽54717
₽54716
₽70820
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.

-
-
-
117 500
pensions
-
-
-
15 637
unemployment
-
-
-
902
income
-
-
-
25 976
health
-
-
-
6 195
total
-
-
-
48 710
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.

21 222
-
106 735
-
health
1 093
-
3 097
-
unemployment
159
-
451
-
pensions
2 971
-
8 420
-
income
2 925
-
25 976
-
total
7 148
-
37 944
-
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.

21 222
-
106 735
-
health
1 093
-
3 097
-
pensions
2 547
-
7 217
-
unemployment
159
-
451
-
total
3 799
-
10 765
-
Corporate
92 479
117 500
-
-
income
13 872
17 625
-
-
total
13 872
17 625
-
-
Dividends
78 607
99 875
-
-
withholding
11 791
14 981
-
-
total
11 791
14 981
-
-
Income
117 500
117 500
117 500
117 500
Total tax
36 610
32 606
48 709
48 710
After tax
80 890
84 894
68 791
68 790
Living cost
14 074
14 074
14 074
14 074
Free-cash
66 816
70 820
54 717
54 716

Estimated living cost  is ₽14074 per week

₽9476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
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.
₽3102
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
₽21245
₽33353
₽39063
-₽3049
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
-
-
-
117 500
pensions
-
-
-
10 810
city
-
-
-
1 238
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.

-
-
-
2 349
health
-
-
-
264
regional
-
-
-
5 447
national
-
-
-
1 549
total
-
-
-
21 657
Employee
66 447
-
105 170
-
health
150
-
236
-
unemployment
-
-
-
-
city
713
-
1 130
-
pensions
5 582
-
8 834
-
regional
2 176
-
4 716
-
national
315
-
1 278
-
total
8 936
-
16 194
-
Employer
66 447
-
105 170
-
health
150
-
236
-
pensions
5 582
-
8 834
-
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.

1 329
-
2 103
-
total
7 061
-
11 173
-
Corporate
43 262
117 500
-
-
regional
9 149
24 851
-
-
national
3 678
9 988
-
-
total
12 827
34 839
-
-
Dividends
30 434
82 661
-
-
withholding
10 651
28 931
-
-
total
10 651
28 931
-
-
Income
117 500
117 500
117 500
117 500
Total tax
39 475
63 770
27 367
21 657
After tax
78 025
53 730
90 133
95 843
Living cost
56 780
56 780
56 780
56 780
Free-cash
21 245
-3 049
33 353
39 063

Estimated living cost  is ₽56780 per week

₽36923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
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.
₽14064
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
₽45208
₽31956
₽48068
₽43909
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

-
-
-
117 500
municipal
-
-
-
20 886
health
-
-
-
1 469
national
-
-
-
15 719
total
-
-
-
38 074
Employee
42 971
-
98 846
-
health
321
-
1 181
-
unemployment
645
-
1 483
-
pensions
2 900
-
6 673
-
national
710
-
10 084
-
municipal
7 038
-
16 112
-
total
11 614
-
35 533
-
Employer
42 971
-
98 846
-
health
330
-
761
-
pensions
7 455
-
17 150
-
accident
43
-
99
-
unemployment
279
-
643
-
total
8 107
-
18 653
-
Corporate
66 421
117 500
-
-
income
13 285
23 500
-
-
total
13 285
23 500
-
-
Dividends

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

39 852
70 500
-
-
municipal
7 173
12 689
-
-
national
755
6 044
-
-
total
7 928
18 733
-
-
Income
117 500
117 500
117 500
117 500
Total tax
40 934
42 233
54 186
38 074
After tax
76 566
75 267
63 314
79 426
Living cost
31 358
31 358
31 358
31 358
Free-cash
45 208
43 909
31 956
48 068

Estimated living cost  is ₽31358 per week

₽20483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7361
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
₽23738
₽13060
₽21840
₽35989
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
-
-
-
117 500
communal

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

-
-
-
5 944
social contributions
-
-
-
18 431
national
-
-
-
41 505
total
-
-
-
65 880
Employee

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

58 423
-
91 010
-
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.

2 745
-
4 276
-
communal

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

3 047
-
4 747
-
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.

508
-
792
-
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.

4 382
-
6 826
-
national
17 962
-
31 528
-
total
28 644
-
48 169
-
Employer

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

58 423
-
91 010
-
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.

3 593
-
5 597
-
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.

5 177
-
8 063
-
surtax
6 624
-
10 320
-
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.

759
-
1 183
-
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.

852
-
1 328
-
total
17 005
-
26 491
-
Corporate
42 071
117 500
-
-
income
8 415
23 500
-
-
surtax
169
470
-
-
total
8 584
23 970
-
-
Dividends
33 487
93 530
-
-
withholding

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

9 749
27 761
-
-
total
9 749
27 761
-
-
Income
117 500
117 500
117 500
117 500
Total tax
63 982
51 731
74 660
65 880
After tax
53 518
65 769
42 840
51 620
Living cost
29 780
29 780
29 780
29 780
Free-cash
23 738
35 989
13 060
21 840

Estimated living cost  is ₽29780 per week

₽19182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽7528
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
₽28127
₽26132
₽27082
₽28918
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
-
-
-
117 500
unemployment
-
-
-
77
municipal
-
-
-
28 367
other
-
-
-
8 974
health
-
-
-
4 819
national
-
-
-
4 442
accident
-
-
-
154
pensions
-
-
-
8 348
total
-
-
-
55 181
Employee
50 210
-
93 235
-
national
-
-
4 063
-
municipal
14 973
-
27 803
-
total
14 973
-
31 866
-
Employer
50 210
-
93 235
-
health
3 088
-
4 750
-
pensions
5 428
-
8 348
-
accident
100
-
154
-
unemployment
1 326
-
2 039
-
other
5 834
-
8 974
-
total
15 776
-
24 265
-
Corporate
51 514
117 500
-
-
income
11 333
25 850
-
-
total
11 333
25 850
-
-
Dividends
40 181
91 650
-
-
withholding
12 054
27 495
-
-
total
12 054
27 495
-
-
Income
117 500
117 500
117 500
117 500
Total tax
54 136
53 345
56 131
55 181
After tax
63 364
64 155
61 369
62 319
Living cost
35 237
35 237
35 237
35 237
Free-cash
28 127
28 918
26 132
27 082

Estimated living cost  is ₽35237 per week

₽23354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7891
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
-₽16522
₽66891
₽42418
₽32703
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
-
-
-
117 500
income
-
-
-
22 903
social contributions
-
-
-
13 395
total
-
-
-
36 298
Employee
55 610
-
-
-
income
12 267
-
-
-
social contributions
4 560
-
650
-
total
16 827
-
650
-
Employer
55 610
-
-
-
social contributions
78 411
-
11 175
-
total
78 411
-
11 175
-
Corporate
-
117 500
-
-
income
-
25 850
-
-
total
-
25 850
-
-
Dividends
-
91 650
-
-
income
-
20 163
-
-
total
-
20 163
-
-
Income
117 500
117 500
117 500
117 500
Total tax
95 238
46 013
11 825
36 298
After tax
22 262
71 487
105 675
81 202
Living cost
38 784
38 784
38 784
38 784
Free-cash
-16 522
32 703
66 891
42 418

Estimated living cost  is ₽38784 per week

₽25164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9477
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
₽55926
₽54035
₽55141
₽59314
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
-
-
-
117 500
income
-
-
-
19 656
health
-
-
-
2 996
social contributions
-
-
-
13 215
total
-
-
-
35 867
Employee
62 805
62 805
108 462
-
health
625
1 068
1 844
-
income
6 595
5 814
19 061
-
social contributions
3 052
5 212
7 031
-
total
10 272
12 094
27 936
-
Employer
62 805
62 805
108 462
-
health
680
1 162
2 007
-
social contributions
3 052
5 212
7 031
-
total
3 732
6 374
9 038
-
Corporate
77 005
48 320
-
-
income
9 625
6 040
-
-
total
9 625
6 040
-
-
Dividends
67 380
42 280
-
-
withholding
11 454
7 187
-
-
total
11 454
7 187
-
-
Income
117 500
117 500
117 500
117 500
Total tax
35 083
31 695
36 974
35 867
After tax
82 417
85 805
80 526
81 633
Living cost
26 492
26 492
26 492
26 492
Free-cash
55 926
59 314
54 035
55 141

Estimated living cost  is ₽26492 per week

₽18110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5868
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
₽54507
₽39603
₽50352
₽50021
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
-
-
-
117 500
income
-
-
-
31 400
pensions
-
-
-
6 640
total
-
-
-
38 040
Employee
39 955
-
102 834
-
health
521
-
1 571
-
pensions
3 050
-
8 317
-
income
7 276
-
24 234
-
total
10 847
-
34 122
-
Employer
39 955
-
102 834
-
health
759
-
1 954
-
pensions
4 037
-
12 713
-
total
4 796
-
14 667
-
Corporate
72 749
117 500
-
-
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.

13 822
22 325
-
-
total
13 822
22 325
-
-
Dividends
58 927
95 175
-
-
withholding
4 420
16 046
-
-
total
4 420
16 046
-
-
Income
117 500
117 500
117 500
117 500
Total tax
33 885
38 371
48 789
38 040
After tax
83 615
79 129
68 711
79 460
Living cost
29 108
29 108
29 108
29 108
Free-cash
54 507
50 021
39 603
50 352

Estimated living cost  is ₽29108 per week

₽19968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
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.
₽6097
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
₽25637
₽18444
₽23771
₽29352
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
-
-
-
117 500
municipal
-
-
-
786
regional
-
-
-
2 662
social contributions
-
-
-
30 221
national
-
-
-
27 522
total
-
-
-
61 191
Employee
68 825
-
117 500
-
social contributions
23 207
-
39 621
-
regional
1 039
-
2 307
-
national
11 631
-
23 889
-
municipal
411
-
701
-
total
36 288
-
66 518
-
Employer
68 825
-
117 500
-
total
-
-
-
-
Corporate
48 675
117 500
-
-
nationa
11 682
28 200
-
-
municipal
2 347
5 664
-
-
total
14 029
33 864
-
-
Dividends
34 646
83 637
-
-
withholding
9 008
21 746
-
-
total
9 008
21 746
-
-
Income
117 500
117 500
117 500
117 500
Total tax
59 325
55 610
66 518
61 191
After tax
58 175
61 890
50 982
56 309
Living cost
32 538
32 538
32 538
32 538
Free-cash
25 637
29 352
18 444
23 771

Estimated living cost  is ₽32538 per week

₽22856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽6952
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
₽6865
₽45797
₽63109
-₽7774
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
-
-
-
117 500
pensions
-
-
-
3 270
income
-
-
-
31 627
other
-
-
-
291
health
-
-
-
1 714
accident
-
-
-
198
total
-
-
-
37 100
Employee
27 200
-
104 534
-
health
3 114
-
11 969
-
pensions
3 063
-
5 996
-
income
3 732
-
23 481
-
total
9 909
-
41 446
-
Employer
27 200
-
104 534
-
pensions
4 423
-
8 659
-
accident
454
-
1 746
-
unemployment
666
-
2 561
-
total
5 543
-
12 966
-
Corporate
84 756
117 500
-
-
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.

76 281
105 750
-
-
total
76 281
105 750
-
-
Dividends
8 476
11 750
-
-
withholding
1 611
2 233
-
-
total
1 611
2 233
-
-
Income
117 500
117 500
117 500
117 500
Total tax
93 344
107 983
54 412
37 100
After tax
24 156
9 517
63 088
80 400
Living cost
17 291
17 291
17 291
17 291
Free-cash
6 865
-7 774
45 797
63 109

Estimated living cost  is ₽17291 per week

₽12673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₽39667
₽45153
₽33741
₽28983
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.

-
-
-
117 500
trade
-
-
-
11 412
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.

-
-
-
33 397
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.

-
-
-
5 580
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.

-
-
-
1 837
total
-
-
-
52 226
Employee

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

40 639
-
117 500
-
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.

5 580
-
5 580
-
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.

3 342
-
33 397
-
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.

184
-
1 837
-
total
9 106
-
40 814
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 861
117 500
-
-
income
11 529
17 624
-
-
trade
11 029
16 862
-
-
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.

634
969
-
-
chamber of commerce
237
296
-
-
total
23 429
35 751
-
-
Dividends
53 432
81 749
-
-
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.

718
1 107
-
-
withholding
13 047
20 126
-
-
total
13 765
21 233
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 300
56 984
40 814
52 226
After tax
71 200
60 516
76 686
65 274
Living cost
31 533
31 533
31 533
31 533
Free-cash
39 667
28 983
45 153
33 741

Estimated living cost  is ₽31533 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽5930
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
₽70309
₽55139
₽20355
₽77008
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.

-
-
-
117 500
income
-
-
-
18 897
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.

-
-
-
31 294
surtax
-
-
-
29 962
total
-
-
-
80 153
Employee
23 866
-
83 334
-
income
4 248
-
16 128
-
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.

2 626
-
9 166
-
surtax
-
-
-
-
total
6 874
-
25 294
-
Employer
23 866
-
83 334
-
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.

5 749
-
20 075
-
surtax
-
-
-
-
total
5 749
-
20 075
-
Corporate
87 885
117 500
-
-
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%.

17 576
23 500
-
-
total
17 576
23 500
-
-
Dividends

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

70 309
94 000
-
-
total
-
-
-
-
Income
117 500
117 500
117 500
117 500
Total tax
30 199
23 500
45 369
80 153
After tax
87 301
94 000
72 131
37 347
Living cost
16 992
16 992
16 992
16 992
Free-cash
70 309
77 008
55 139
20 355

Estimated living cost  is ₽16992 per week

₽10840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
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.
₽4148
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
₽61639
₽59733
₽60449
₽63286
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
-
-
-
117 500
income
-
-
-
34 392
health
-
-
-
5 306
pensions
-
-
-
7 319
total
-
-
-
47 017
Employee
15 283
-
109 266
-
health
764
-
1 830
-
unemployment
153
-
366
-
pensions
1 375
-
3 294
-
income
2 956
-
34 008
-
total
5 248
-
39 498
-
Employer
15 283
-
109 266
-
health
1 452
-
3 477
-
pensions
1 681
-
4 026
-
unemployment
306
-
732
-
total
3 439
-
8 235
-
Corporate
98 778
117 500
-
-
income
21 731
25 850
-
-
total
21 731
25 850
-
-
Dividends
77 047
91 650
-
-
withholding
15 409
18 330
-
-
total
15 409
18 330
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 827
44 180
47 733
47 017
After tax
71 673
73 320
69 767
70 483
Living cost
10 034
10 034
10 034
10 034
Free-cash
61 639
63 286
59 733
60 449

Estimated living cost  is ₽10034 per week

₽5963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
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.
₽3028
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
₽52965
₽34366
₽37412
₽55562
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
-
-
-
117 500
pensions
-
-
-
21 802
unemployment
-
-
-
186
income
-
-
-
28 028
other
-
-
-
-
health
-
-
-
7 739
surtax
-
-
-
3 988
total
-
-
-
61 743
Employee
27 505
-
97 067
-
health
702
-
2 475
-
unemployment
1 914
-
6 756
-
pensions
1 835
-
6 474
-
income
4 611
-
25 143
-
other
-
-
-
-
surtax
98
-
3 508
-
total
9 160
-
44 356
-
Employer
27 505
-
97 067
-
health
1 251
-
4 417
-
pensions
3 667
-
12 939
-
unemployment
873
-
3 077
-
other
-
-
-
-
total
5 791
-
20 433
-
Corporate
84 204
117 500
-
-
income
21 893
30 550
-
-
total
21 893
30 550
-
-
Dividends
62 311
86 950
-
-
withholding
9 346
13 043
-
-
total
9 346
13 043
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 190
43 593
64 789
61 743
After tax
71 310
73 907
52 711
55 757
Living cost
18 345
18 345
18 345
18 345
Free-cash
52 965
55 562
34 366
37 412

Estimated living cost  is ₽18345 per week

₽11076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
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.
₽5250
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
₽38893
₽5008
₽34011
₽39298
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
-
-
-
117 500
pensions
-
-
-
17 652
chamber of commerce
-
-
-