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
₽39590
₽43529
₽55934
₽52029
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
-
-
-
28 265
accident
-
-
-
690
unemployment
-
-
-
536
pensions
-
-
-
21 677
other
-
-
-
77
total
-
-
-
51 245
Employee
30 558
-
93 080
-
other
30
-
77
-
income
5 891
-
25 898
-
unemployment
474
-
1 187
-
pensions
1 437
-
3 601
-
total
7 832
-
30 763
-
Employer
30 558
-
93 080
-
unemployment
1 681
-
4 213
-
pensions
7 211
-
18 078
-
other
245
-
613
-
accident
605
-
1 517
-
total
9 742
-
24 421
-
Corporate
77 199
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.

11 580
17 625
-
-
total
11 580
17 625
-
-
Dividends
65 619
99 875
-
-
withholding
13 591
21 215
-
-
total
13 591
21 215
-
-
Income
117 500
117 500
117 500
117 500
Total tax
42 745
38 840
55 184
51 245
After tax
74 755
78 660
62 316
66 255
Living cost
22 726
22 726
22 726
22 726
Free-cash
52 029
55 934
39 590
43 529

Estimated living cost  is ₽22726 per week

₽15340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
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.
₽4804
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
₽45247
₽40386
₽64307
₽58724
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
-
-
-
16 140
health
-
-
-
5 171
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.

-
-
-
28 200
other
-
-
-
5 582
total
-
-
-
55 093
Employee
30 007
-
93 850
-
income
5 166
-
17 760
-
health
420
-
1 314
-
unemployment
300
-
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.

2 100
-
6 570
-
total
7 986
-
26 582
-
Employer
30 007
-
93 850
-
unemployment
300
-
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.

5 102
-
15 955
-
other
1 501
-
4 692
-
accident
240
-
751
-
health
420
-
1 314
-
total
7 563
-
23 650
-
Corporate
79 930
117 500
-
-
income
16 786
24 674
-
-
total
16 786
24 674
-
-
Dividends
63 145
92 826
-
-
withholding
4 420
6 498
-
-
total
4 420
6 498
-
-
Income
117 500
117 500
117 500
117 500
Total tax
36 755
31 172
50 232
55 093
After tax
80 745
86 328
67 268
62 407
Living cost
22 021
22 021
22 021
22 021
Free-cash
58 724
64 307
45 247
40 386

Estimated living cost  is ₽22021 per week

₽15559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1487
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.
₽4620
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
₽85653
₽81347
₽89636
₽85799
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
-
-
-
17 625
health
-
-
-
3 317
unemployment
-
-
-
115
pensions

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

-
-
-
4 269
total
-
-
-
25 326
Employee
14 336
-
111 841
-
income
1 433
-
11 184
-
health
659
-
1 327
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 259
-
2 533
-
total
3 509
-
15 361
-
Employer
14 336
-
111 841
-
unemployment
86
-
173
-
pensions

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

1 580
-
3 179
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 659
-
Corporate
100 350
117 500
-
-
income
10 035
11 750
-
-
total
10 035
11 750
-
-
Dividends
90 316
105 750
-
-
withholding
4 516
5 287
-
-
total
4 516
5 287
-
-
Income
117 500
117 500
117 500
117 500
Total tax
20 874
17 037
21 020
25 326
After tax
96 626
100 463
96 480
92 174
Living cost
10 827
10 827
10 827
10 827
Free-cash
85 799
89 636
85 653
81 347

Estimated living cost  is ₽10827 per week

₽6321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3446
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
₽39442
₽38395
₽30944
₽35827
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
-
-
-
16 120
social contributions
-
-
-
3 348
health
-
-
-
4 092
surtax
-
-
-
-
pensions
-
-
-
23 627
other
-
-
-
3 643
total
-
-
-
50 830
Employee
35 370
-
92 615
-
income
2 087
-
16 517
-
social contributions
1 008
-
2 638
-
surtax
-
-
-
-
pensions
3 999
-
5 743
-
total
7 094
-
24 898
-
Employer
35 370
-
92 615
-
unemployment
1 432
-
3 751
-
social contributions
107
-
278
-
pensions
5 811
-
9 795
-
other
1 220
-
3 316
-
health
2 476
-
7 745
-
total
11 046
-
24 885
-
Corporate
71 084
117 500
-
-
income
19 904
32 900
-
-
surtax
-
-
-
-
total
19 904
32 900
-
-
Dividends
51 180
84 600
-
-
withholding
6 551
10 829
-
-
surtax
-
-
-
-
social contributions
8 803
14 552
-
-
total
15 354
25 381
-
-
Income
117 500
117 500
117 500
117 500
Total tax
53 398
58 281
49 783
50 830
After tax
64 102
59 219
67 717
66 670
Living cost
28 275
28 275
28 275
28 275
Free-cash
35 827
30 944
39 442
38 395

Estimated living cost  is ₽28275 per week

₽17829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽7668
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
₽35744
₽32202
₽23134
₽18070
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
-
-
-
30 803
health
-
-
-
10 191
pensions
-
-
-
9 683
total
-
-
-
50 677
Employee
70 574
70 574
102 141
-
income

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

11 552
11 552
11 903
-
health
10 832
9 214
10 191
-
pensions
12 703
9 683
9 683
-
total
35 087
30 449
31 777
-
Employer
70 574
70 574
102 141
-
unemployment
2 541
2 541
3 157
-
pensions
4 912
4 912
6 105
-
health
4 906
4 906
6 096
-
total
12 359
12 359
15 358
-
Corporate
35 433
34 567
-
-
income
7 087
6 913
-
-
total
7 087
6 913
-
-
Dividends
28 346
27 654
-
-
withholding
4 252
4 148
-
-
income
6 024
5 876
-
-
total
10 276
10 024
-
-
Income
117 500
117 500
117 500
117 500
Total tax
64 809
59 745
47 135
50 677
After tax
52 691
57 755
70 365
66 823
Living cost
34 621
34 621
34 621
34 621
Free-cash
18 070
23 134
35 744
32 202

Estimated living cost  is ₽34621 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽6414
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
₽51787
₽39333
₽34277
₽43417
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
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.

-
-
-
33 208
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.

-
-
-
5 646
trade
-
-
-
12 454
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.

-
-
-
1 827
total
-
-
-
53 135
Employee

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

31 610
-
117 500
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

883
-
33 208
-
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.

5 646
-
5 646
-
surtax

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

49
-
1 827
-
total
6 578
-
40 681
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 890
117 500
-
-
chamber of commerce
249
295
-
-
income
12 884
17 625
-
-
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.

709
969
-
-
trade
13 528
18 506
-
-
total
27 370
37 395
-
-
Dividends
58 520
80 105
-
-
withholding
14 316
19 712
-
-
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.

787
1 084
-
-
total
15 103
20 796
-
-
Income
117 500
117 500
117 500
117 500
Total tax
49 051
58 191
40 681
53 135
After tax
68 449
59 309
76 819
64 365
Living cost
25 032
25 032
25 032
25 032
Free-cash
43 417
34 277
51 787
39 333

Estimated living cost  is ₽25032 per week

₽15746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2919
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.
₽5900
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
₽61473
₽62583
₽66675
₽62177
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
-
-
-
19 416
social contributions
-
-
-
13 372
health
-
-
-
2 995
total
-
-
-
35 783
Employee
63 549
63 549
108 382
-
income
6 919
5 883
18 818
-
social contributions
2 403
5 274
7 114
-
health
492
1 081
1 843
-
total
9 814
12 238
27 775
-
Employer
63 549
63 549
108 382
-
social contributions
2 403
5 274
7 114
-
health
535
1 176
2 004
-
total
2 938
6 450
9 118
-
Corporate
85 614
47 500
-
-
income
10 702
5 938
-
-
total
10 702
5 938
-
-
Dividends
74 911
41 563
-
-
withholding
12 735
7 065
-
-
total
12 735
7 065
-
-
Income
117 500
117 500
117 500
117 500
Total tax
36 189
31 691
36 893
35 783
After tax
81 311
85 809
80 607
81 717
Living cost
19 134
19 134
19 134
19 134
Free-cash
62 177
66 675
61 473
62 583

Estimated living cost  is ₽19134 per week

₽11468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
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.
₽5367
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
₽29896
₽37964
₽40911
₽40080
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
-
-
-
12 782
social contributions

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

-
-
-
40 831
surtax
-
-
-
-
total
-
-
-
53 613
Employee
38 010
-
94 949
-
income
7 906
-
28 685
-
social contributions
4 181
-
10 445
-
surtax
-
-
-
-
total
12 087
-
39 130
-
Employer
38 010
-
94 949
-
social contributions
9 027
-
22 551
-
total
9 027
-
22 551
-
Corporate
70 463
117 500
-
-
income
14 797
24 674
-
-
surtax
-
-
-
-
total
14 797
24 674
-
-
Dividends
55 666
92 826
-
-
withholding
15 586
25 992
-
-
total
15 586
25 992
-
-
Income
117 500
117 500
117 500
117 500
Total tax
51 497
50 666
61 681
53 613
After tax
66 003
66 834
55 819
63 887
Living cost
25 923
25 923
25 923
25 923
Free-cash
40 080
40 911
29 896
37 964

Estimated living cost  is ₽25923 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1529
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4565
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
₽87812
₽110137
₽105437
₽104277
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
7 735
-
117 500
-
income
1 547
-
23 500
-
total
1 547
-
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%.

109 765
117 500
-
-
total
-
-
-
-
Dividends
109 765
117 500
-
-
withholding
5 488
5 875
-
-
total
5 488
5 875
-
-
Income
117 500
117 500
117 500
117 500
Total tax
7 035
5 875
23 500
1 175
After tax
110 465
111 625
94 000
116 325
Living cost
6 188
6 188
6 188
6 188
Free-cash
104 277
105 437
87 812
110 137

Estimated living cost  is ₽6188 per week

₽3835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1669
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
₽33533
₽36646
₽58732
₽51819
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
income
-
-
-
25 491
health
-
-
-
11 562
unemployment
-
-
-
176
pensions
-
-
-
21 458
total
-
-
-
58 687
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.

36 545
-
101 669
-
income
6 302
-
23 501
-
health
2 360
-
6 568
-
unemployment
52
-
143
-
pensions
5 665
-
15 758
-
total
14 379
-
45 970
-
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.

36 545
-
101 669
-
unemployment
22
-
61
-
pensions
3 234
-
8 997
-
health
2 434
-
6 772
-
total
5 690
-
15 830
-
Corporate
75 265
117 500
-
-
income
14 300
22 325
-
-
total
14 300
22 325
-
-
Dividends
60 965
95 175
-
-
withholding
9 145
14 276
-
-
total
9 145
14 276
-
-
Income
117 500
117 500
117 500
117 500
Total tax
43 514
36 601
61 800
58 687
After tax
73 986
80 899
55 700
58 813
Living cost
22 167
22 167
22 167
22 167
Free-cash
51 819
58 732
33 533
36 646

Estimated living cost  is ₽22167 per week

₽15213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5105
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
₽55256
₽58542
₽42009
₽44897
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
-
-
-
23 525
health

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

-
-
-
5 433
total
-
-
-
28 958
Employee
37 912
-
113 698
-
social contributions
3 798
-
3 802
-
income
4 114
-
24 640
-
total
7 912
-
28 442
-
Employer
37 912
-
113 698
-
social contributions
3 798
-
3 802
-
total
3 798
-
3 802
-
Corporate
75 789
117 500
-
-
income
26 527
41 125
-
-
total
26 527
41 125
-
-
Dividends
49 263
76 375
-
-
social contributions
4 366
4 366
-
-
total
4 366
4 366
-
-
Income
117 500
117 500
117 500
117 500
Total tax
42 603
45 491
32 244
28 958
After tax
74 897
72 009
85 256
88 542
Living cost
30 000
30 000
30 000
30 000
Free-cash
44 897
42 009
55 256
58 542

Estimated living cost  is ₽30000 per week

₽19761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
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
₽56337
₽57935
₽54163
₽54591
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
-
-
-
17 625
social contributions
-
-
-
16 215
health
-
-
-
8 201
total
-
-
-
42 041
Employee
28 021
-
117 500
-
income
4 674
-
19 223
-
social contributions
3 867
-
16 215
-
health
1 956
-
8 201
-
total
10 497
-
43 639
-
Employer
28 021
-
117 500
-
total
-
-
-
-
Corporate
89 479
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%.

4 474
5 875
-
-
total
4 474
5 875
-
-
Dividends
85 004
111 625
-
-
withholding
12 750
16 743
-
-
health
5 933
7 791
-
-
social contributions
11 731
15 404
-
-
total
30 414
39 938
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 385
45 813
43 639
42 041
After tax
72 115
71 687
73 861
75 459
Living cost
17 524
17 524
17 524
17 524
Free-cash
54 591
54 163
56 337
57 935

Estimated living cost  is ₽17524 per week

₽11728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4311
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
₽36955
₽41217
₽58228
₽50139
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
-
-
-
11 275
social contributions
-
-
-
26 474
solidarity contribution
-
-
-
-
health
-
-
-
15 863
total
-
-
-
53 612
Employee
33 340
-
87 687
-
solidarity contribution
-
-
-
-
income
4 001
-
10 522
-
social contributions
2 167
-
5 700
-
health
4 501
-
11 838
-
total
10 669
-
28 060
-
Employer
33 340
-
87 687
-
social contributions
8 335
-
21 922
-
health
3 001
-
7 892
-
total
11 336
-
29 814
-
Corporate
72 825
117 500
-
-
income
13 837
22 325
-
-
total
13 837
22 325
-
-
Dividends
58 988
95 175
-
-
withholding
8 848
14 276
-
-
total
8 848
14 276
-
-
Income
117 500
117 500
117 500
117 500
Total tax
44 690
36 601
57 874
53 612
After tax
72 810
80 899
59 626
63 888
Living cost
22 671
22 671
22 671
22 671
Free-cash
50 139
58 228
36 955
41 217

Estimated living cost  is ₽22671 per week

₽16860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4163
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
₽84357
₽106682
₽101982
₽100173
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
12 054
-
117 500
-
income
2 411
-
23 500
-
total
2 411
-
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%.

105 446
117 500
-
-
total
-
-
-
-
Dividends
105 446
117 500
-
-
withholding
5 273
5 875
-
-
total
5 273
5 875
-
-
Income
117 500
117 500
117 500
117 500
Total tax
7 684
5 875
23 500
1 175
After tax
109 816
111 625
94 000
116 325
Living cost
9 643
9 643
9 643
9 643
Free-cash
100 173
101 982
84 357
106 682

Estimated living cost  is ₽9643 per week

₽6526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2389
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
₽27801
₽26754
₽19303
₽24984
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
-
-
-
16 120
social contributions
-
-
-
3 348
health
-
-
-
4 092
surtax
-
-
-
-
pensions
-
-
-
23 627
other
-
-
-
3 643
total
-
-
-
50 830
Employee
51 761
-
92 615
-
income
4 516
-
16 517
-
social contributions
1 474
-
2 638
-
surtax
-
-
-
-
pensions
5 855
-
5 743
-
total
11 845
-
24 898
-
Employer
51 761
-
92 615
-
unemployment
2 097
-
3 751
-
social contributions
155
-
278
-
pensions
8 505
-
9 795
-
other
1 786
-
3 316
-
health
3 623
-
7 745
-
total
16 166
-
24 885
-
Corporate
49 572
117 500
-
-
income
13 880
32 900
-
-
surtax
-
-
-
-
total
13 880
32 900
-
-
Dividends
35 693
84 600
-
-
withholding
4 569
10 829
-
-
surtax
-
-
-
-
social contributions
6 140
14 552
-
-
total
10 709
25 381
-
-
Income
117 500
117 500
117 500
117 500
Total tax
52 600
58 281
49 783
50 830
After tax
64 900
59 219
67 717
66 670
Living cost
39 916
39 916
39 916
39 916
Free-cash
24 984
19 303
27 801
26 754

Estimated living cost  is ₽39916 per week

₽27014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽9088
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
₽54315
₽54315
₽70651
₽66598
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
income
-
-
-
25 935
health
-
-
-
6 269
unemployment
-
-
-
913
pensions
-
-
-
15 825
total
-
-
-
48 942
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.

21 478
-
106 605
-
income
2 961
-
25 935
-
health
1 106
-
3 135
-
unemployment
161
-
456
-
pensions
3 007
-
8 521
-
total
7 235
-
38 047
-
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.

21 478
-
106 605
-
unemployment
161
-
456
-
pensions
2 577
-
7 304
-
health
1 106
-
3 135
-
total
3 844
-
10 895
-
Corporate
92 178
117 500
-
-
income
13 827
17 625
-
-
total
13 827
17 625
-
-
Dividends
78 351
99 875
-
-
withholding
11 753
14 981
-
-
total
11 753
14 981
-
-
Income
117 500
117 500
117 500
117 500
Total tax
36 659
32 606
48 942
48 942
After tax
80 841
84 894
68 558
68 558
Living cost
14 243
14 243
14 243
14 243
Free-cash
66 598
70 651
54 315
54 315

Estimated living cost  is ₽14243 per week

₽9590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3139
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
₽32371
₽38080
-₽4115
₽20637
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
regional
-
-
-
5 393
national
-
-
-
1 520
health
-
-
-
264
city
-
-
-
1 239
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.

-
-
-
2 350
pensions
-
-
-
10 810
total
-
-
-
21 576
Employee
67 693
-
105 168
-
regional
2 217
-
4 662
-
city
726
-
1 129
-
health
153
-
236
-
unemployment
-
-
-
-
national
320
-
1 248
-
pensions
5 687
-
8 835
-
total
9 103
-
16 110
-
Employer
67 693
-
105 168
-
unemployment
-
-
-
-
pensions
5 687
-
8 835
-
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.

1 353
-
2 104
-
health
153
-
236
-
total
7 193
-
11 175
-
Corporate
41 869
117 500
-
-
regional
8 856
24 851
-
-
national
3 558
9 988
-
-
total
12 414
34 839
-
-
Dividends
29 455
82 661
-
-
withholding
10 309
28 932
-
-
total
10 309
28 932
-
-
Income
117 500
117 500
117 500
117 500
Total tax
39 019
63 771
27 285
21 576
After tax
78 481
53 729
90 215
95 924
Living cost
57 844
57 844
57 844
57 844
Free-cash
20 637
-4 115
32 371
38 080

Estimated living cost  is ₽57844 per week

₽37615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽14328
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
₽31694
₽47805
₽43643
₽44831
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
-
-
-
20 887
national
-
-
-
15 614
health
-
-
-
1 465
total
-
-
-
37 966
Employee
43 481
-
98 848
-
health
325
-
1 178
-
unemployment
652
-
1 482
-
national
718
-
9 979
-
municipal
7 122
-
16 113
-
pensions
2 934
-
6 672
-
total
11 751
-
35 424
-
Employer
43 481
-
98 848
-
unemployment
282
-
643
-
pensions
7 544
-
17 150
-
accident
44
-
99
-
health
334
-
761
-
total
8 204
-
18 653
-
Corporate
65 816
117 500
-
-
income
13 163
23 500
-
-
total
13 163
23 500
-
-
Dividends

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

39 489
70 500
-
-
national
714
5 939
-
-
municipal
7 108
12 689
-
-
total
7 822
18 628
-
-
Income
117 500
117 500
117 500
117 500
Total tax
40 940
42 128
54 077
37 966
After tax
76 560
75 372
63 423
79 534
Living cost
31 729
31 729
31 729
31 729
Free-cash
44 831
43 643
31 694
47 805

Estimated living cost  is ₽31729 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7448
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
₽12803
₽21574
₽35639
₽23246
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
national
-
-
-
41 399
social contributions
-
-
-
18 452
communal

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

-
-
-
5 942
total
-
-
-
65 793
Employee

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

59 116
-
91 009
-
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.

2 777
-
4 277
-
communal

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

3 083
-
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.

514
-
792
-
national
18 174
-
31 432
-
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.

4 434
-
6 825
-
total
28 982
-
48 073
-
Employer

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

59 116
-
91 009
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

863
-
1 328
-
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.

5 238
-
8 063
-
surtax
6 703
-
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.

768
-
1 183
-
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.

3 635
-
5 597
-
total
17 207
-
26 491
-
Corporate
41 177
117 500
-
-
income
8 235
23 500
-
-
surtax
165
470
-
-
total
8 400
23 970
-
-
Dividends
32 777
93 530
-
-
withholding

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

9 532
27 758
-
-
total
9 532
27 758
-
-
Income
117 500
117 500
117 500
117 500
Total tax
64 121
51 728
74 564
65 793
After tax
53 379
65 772
42 936
51 707
Living cost
30 133
30 133
30 133
30 133
Free-cash
23 246
35 639
12 803
21 574

Estimated living cost  is ₽30133 per week

₽19410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7617
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
₽27302
₽28217
₽30172
₽29409
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
-
-
-
28 604
national
-
-
-
5 120
health
-
-
-
4 647
accident
-
-
-
149
unemployment
-
-
-
75
pensions
-
-
-
8 051
other
-
-
-
8 654
total
-
-
-
55 300
Employee
48 422
-
94 099
-
national
-
-
4 755
-
municipal
14 440
-
28 060
-
total
14 440
-
32 815
-
Employer
48 422
-
94 099
-
unemployment
1 278
-
1 966
-
pensions
5 234
-
8 051
-
other
5 627
-
8 654
-
accident
97
-
149
-
health
2 978
-
4 580
-
total
15 214
-
23 400
-
Corporate
53 863
117 500
-
-
income
11 850
25 850
-
-
total
11 850
25 850
-
-
Dividends
42 013
91 650
-
-
withholding
12 604
27 495
-
-
total
12 604
27 495
-
-
Income
117 500
117 500
117 500
117 500
Total tax
54 108
53 345
56 215
55 300
After tax
63 392
64 155
61 285
62 200
Living cost
33 983
33 983
33 983
33 983
Free-cash
29 409
30 172
27 302
28 217

Estimated living cost  is ₽33983 per week

₽22522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
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
₽68266
₽43471
₽33756
-₽12881
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
54 100
-
-
-
income
11 933
-
-
-
social contributions
4 436
-
632
-
total
16 369
-
632
-
Employer
54 100
-
-
-
social contributions
76 281
-
10 871
-
total
76 281
-
10 871
-
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
92 650
46 013
11 503
36 298
After tax
24 850
71 487
105 997
81 202
Living cost
37 731
37 731
37 731
37 731
Free-cash
-12 881
33 756
68 266
43 471

Estimated living cost  is ₽37731 per week

₽24481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽9220
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
₽53801
₽54912
₽59004
₽55578
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
-
-
-
19 416
social contributions
-
-
-
13 372
health
-
-
-
2 995
total
-
-
-
35 783
Employee
63 549
63 549
108 382
-
income
6 673
5 883
18 818
-
social contributions
3 088
5 274
7 114
-
health
632
1 081
1 843
-
total
10 393
12 238
27 775
-
Employer
63 549
63 549
108 382
-
social contributions
3 088
5 274
7 114
-
health
688
1 176
2 004
-
total
3 776
6 450
9 118
-
Corporate
76 525
47 500
-
-
income
9 565
5 938
-
-
total
9 565
5 938
-
-
Dividends
66 960
41 563
-
-
withholding
11 383
7 065
-
-
total
11 383
7 065
-
-
Income
117 500
117 500
117 500
117 500
Total tax
35 117
31 691
36 893
35 783
After tax
82 383
85 809
80 607
81 717
Living cost
26 805
26 805
26 805
26 805
Free-cash
55 578
59 004
53 801
54 912

Estimated living cost  is ₽26805 per week

₽18324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5938
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
₽38888
₽49666
₽49499
₽53279
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
-
-
-
30 862
pensions
-
-
-
6 797
total
-
-
-
37 659
Employee
41 420
-
102 879
-
income
7 543
-
23 679
-
health
540
-
1 591
-
pensions
3 161
-
8 547
-
total
11 244
-
33 817
-
Employer
41 420
-
102 879
-
pensions
4 185
-
12 665
-
health
787
-
1 955
-
total
4 972
-
14 620
-
Corporate
71 108
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.

13 511
22 324
-
-
total
13 511
22 324
-
-
Dividends
57 597
95 176
-
-
withholding
4 319
15 502
-
-
total
4 319
15 502
-
-
Income
117 500
117 500
117 500
117 500
Total tax
34 046
37 826
48 437
37 659
After tax
83 454
79 674
69 063
79 841
Living cost
30 175
30 175
30 175
30 175
Free-cash
53 279
49 499
38 888
49 666

Estimated living cost  is ₽30175 per week

₽20700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6321
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
₽18135
₽23483
₽28968
₽25208
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
-
-
-
2 661
national
-
-
-
27 425
social contributions
-
-
-
30 222
total
-
-
-
61 094
Employee
69 641
-
117 500
-
regional
1 051
-
2 298
-
social contributions
23 482
-
39 620
-
national
11 769
-
23 823
-
municipal
416
-
701
-
total
36 718
-
66 442
-
Employer
69 641
-
117 500
-
total
-
-
-
-
Corporate
47 859
117 500
-
-
nationa
11 486
28 200
-
-
municipal
2 307
5 663
-
-
total
13 793
33 863
-
-
Dividends
34 066
83 637
-
-
withholding
8 858
21 746
-
-
total
8 858
21 746
-
-
Income
117 500
117 500
117 500
117 500
Total tax
59 369
55 609
66 442
61 094
After tax
58 131
61 891
51 058
56 406
Living cost
32 923
32 923
32 923
32 923
Free-cash
25 208
28 968
18 135
23 483

Estimated living cost  is ₽32923 per week

₽23126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7034
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
₽45814
₽63120
-₽7761
₽6866
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
-
-
-
31 632
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 268
other
-
-
-
291
total
-
-
-
37 102
Employee
27 179
-
104 540
-
income
3 729
-
23 487
-
health
3 112
-
11 970
-
pensions
3 060
-
5 992
-
total
9 901
-
41 449
-
Employer
27 179
-
104 540
-
unemployment
666
-
2 561
-
pensions
4 420
-
8 652
-
accident
454
-
1 746
-
total
5 540
-
12 959
-
Corporate
84 782
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.

76 304
105 750
-
-
total
76 304
105 750
-
-
Dividends
8 478
11 750
-
-
withholding
1 611
2 233
-
-
total
1 611
2 233
-
-
Income
117 500
117 500
117 500
117 500
Total tax
93 356
107 983
54 408
37 102
After tax
24 144
9 517
63 092
80 398
Living cost
17 278
17 278
17 278
17 278
Free-cash
6 866
-7 761
45 814
63 120

Estimated living cost  is ₽17278 per week

₽12663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
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.
₽3297
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
₽44912
₽33565
₽28610
₽39423
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
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.

-
-
-
33 208
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.

-
-
-
5 646
trade
-
-
-
11 347
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.

-
-
-
1 827
total
-
-
-
52 028
Employee

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

41 120
-
117 500
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 381
-
33 208
-
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.

5 646
-
5 646
-
surtax

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

187
-
1 827
-
total
9 214
-
40 681
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 380
117 500
-
-
chamber of commerce
237
298
-
-
income
11 457
17 625
-
-
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.

630
969
-
-
trade
10 961
16 861
-
-
total
23 285
35 753
-
-
Dividends
53 095
81 747
-
-
withholding
12 959
20 123
-
-
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.

712
1 107
-
-
total
13 671
21 230
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 170
56 983
40 681
52 028
After tax
71 330
60 517
76 819
65 472
Living cost
31 907
31 907
31 907
31 907
Free-cash
39 423
28 610
44 912
33 565

Estimated living cost  is ₽31907 per week

₽22010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6000
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
₽48639
₽19879
₽76807
₽70027
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
microenterprise
-
-
-
-
income
-
-
-
18 801
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.

-
-
-
31 664
surtax
-
-
-
29 963
total
-
-
-
80 428
Employee
24 149
-
94 689
-
income
4 299
-
18 442
-
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.

2 657
-
10 415
-
surtax
-
-
-
-
total
6 956
-
28 857
-
Employer
24 149
-
94 689
-
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.

5 817
-
22 811
-
surtax
-
-
-
-
total
5 817
-
22 811
-
Corporate
87 534
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%.

17 507
23 500
-
-
total
17 507
23 500
-
-
Dividends

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

70 027
94 000
-
-
total
-
-
-
-
Income
117 500
117 500
117 500
117 500
Total tax
30 280
23 500
51 668
80 428
After tax
87 220
94 000
65 832
37 072
Living cost
17 193
17 193
17 193
17 193
Free-cash
70 027
76 807
48 639
19 879

Estimated living cost  is ₽17193 per week

₽10969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
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
₽58671
₽59430
₽62645
₽60891
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
-
-
-
33 962
health
-
-
-
5 646
pensions
-
-
-
7 787
total
-
-
-
47 395
Employee
16 260
-
108 740
-
income
3 145
-
33 553
-
health
813
-
1 947
-
unemployment
163
-
389
-
pensions
1 463
-
3 504
-
total
5 584
-
39 393
-
Employer
16 260
-
108 740
-
unemployment
325
-
779
-
pensions
1 789
-
4 283
-
health
1 545
-
3 699
-
total
3 659
-
8 761
-
Corporate
97 581
117 500
-
-
income
21 468
25 850
-
-
total
21 468
25 850
-
-
Dividends
76 114
91 650
-
-
withholding
15 223
18 330
-
-
total
15 223
18 330
-
-
Income
117 500
117 500
117 500
117 500
Total tax
45 934
44 180
48 154
47 395
After tax
71 566
73 320
69 346
70 105
Living cost
10 675
10 675
10 675
10 675
Free-cash
60 891
62 645
58 671
59 430

Estimated living cost  is ₽10675 per week

₽6344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽244
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.
₽3221
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
₽34315
₽37192
₽55346
₽52715
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
-
-
-
27 734
health
-
-
-
7 831
unemployment
-
-
-
188
surtax
-
-
-
3 932
pensions
-
-
-
22 060
other
-
-
-
-
total
-
-
-
61 745
Employee
27 832
-
97 068
-
other
-
-
-
-
income
4 666
-
25 007
-
health
710
-
2 476
-
unemployment
1 937
-
6 756
-
surtax
99
-
3 477
-
pensions
1 857
-
6 474
-
total
9 269
-
44 190
-
Employer
27 832
-
97 068
-
unemployment
883
-
3 077
-
pensions
3 711
-
12 939
-
other
-
-
-
-
health
1 266
-
4 416
-
total
5 860
-
20 432
-
Corporate
83 809
117 500
-
-
income
21 790
30 549
-
-
total
21 790
30 549
-
-
Dividends
62 019
86 951
-
-
withholding
9 303
13 042
-
-
total
9 303
13 042
-
-
Income
117 500
117 500
117 500
117 500
Total tax
46 222
43 591
64 622
61 745
After tax
71 278
73 909
52 878
55 755
Living cost
18 563
18 563
18 563
18 563
Free-cash
52 715
55 346
34 315
37 192

Estimated living cost  is ₽18563 per week

₽11207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
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.
₽5312
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
₽4825
₽33611
₽39004
₽38594
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
-
-
-
26 737
chamber of commerce
-
-
-