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
₽ 120500
per

Your estimated
City
free-cash

Valencia , Spain
₽38753
₽43039
₽56238
₽51916
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
-
-
-
120 500
income
-
-
-
28 134
accident
-
-
-
745
unemployment
-
-
-
579
pensions
-
-
-
23 394
other
-
-
-
83
total
-
-
-
52 935
Employee
32 978
-
94 146
-
other
32
-
83
-
income
6 358
-
25 617
-
unemployment
511
-
1 281
-
pensions
1 550
-
3 886
-
total
8 451
-
30 867
-
Employer
32 978
-
94 146
-
unemployment
1 814
-
4 546
-
pensions
7 782
-
19 509
-
other
264
-
662
-
accident
653
-
1 637
-
total
10 513
-
26 354
-
Corporate
77 008
120 500
-
-
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.

11 551
18 074
-
-
total
11 551
18 074
-
-
Dividends
65 457
102 426
-
-
withholding
13 543
21 662
-
-
total
13 543
21 662
-
-
Income
120 500
120 500
120 500
120 500
Total tax
44 058
39 736
57 221
52 935
After tax
76 442
80 764
63 279
67 565
Living cost
24 526
24 526
24 526
24 526
Free-cash
51 916
56 238
38 753
43 039

Estimated living cost  is ₽24526 per week

₽16554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2358
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.
₽5184
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
₽45409
₽40423
₽64767
₽58743
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
-
-
-
120 500
income
-
-
-
16 365
health
-
-
-
5 303
pensions

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

-
-
-
28 920
other
-
-
-
5 724
total
-
-
-
56 312
Employee
32 383
-
96 246
-
income
5 575
-
18 025
-
health
454
-
1 347
-
unemployment
323
-
963
-
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.

2 266
-
6 738
-
total
8 618
-
27 073
-
Employer
32 383
-
96 246
-
unemployment
323
-
963
-
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.

5 506
-
16 361
-
other
1 620
-
4 812
-
accident
259
-
770
-
health
454
-
1 347
-
total
8 162
-
24 253
-
Corporate
79 956
120 500
-
-
income
16 791
25 305
-
-
total
16 791
25 305
-
-
Dividends
63 164
95 195
-
-
withholding
4 421
6 663
-
-
total
4 421
6 663
-
-
Income
120 500
120 500
120 500
120 500
Total tax
37 992
31 968
51 326
56 312
After tax
82 508
88 532
69 174
64 188
Living cost
23 765
23 765
23 765
23 765
Free-cash
58 743
64 767
45 409
40 423

Estimated living cost  is ₽23765 per week

₽16791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4986
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
₽86777
₽82444
₽91352
₽87216
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
-
-
-
120 500
income
-
-
-
18 075
health
-
-
-
3 577
unemployment
-
-
-
124
pensions

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

-
-
-
4 604
total
-
-
-
26 380
Employee
15 461
-
114 397
-
income
1 546
-
11 440
-
health
711
-
1 431
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
pensions

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

1 357
-
2 731
-
total
3 784
-
15 944
-
Employer
15 461
-
114 397
-
unemployment
92
-
187
-
pensions

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

1 704
-
3 428
-
accident

We are using the highest rate at 1.1%.

170
-
342
-
health
1 067
-
2 146
-
total
3 033
-
6 103
-
Corporate
102 005
120 500
-
-
income
10 201
12 050
-
-
total
10 201
12 050
-
-
Dividends
91 804
108 450
-
-
withholding
4 590
5 422
-
-
total
4 590
5 422
-
-
Income
120 500
120 500
120 500
120 500
Total tax
21 608
17 472
22 047
26 380
After tax
98 892
103 028
98 453
94 120
Living cost
11 676
11 676
11 676
11 676
Free-cash
87 216
91 352
86 777
82 444

Estimated living cost  is ₽11676 per week

₽6817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽309
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.
₽3716
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
₽39806
₽37982
₽30218
₽35486
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
-
-
-
120 500
income
-
-
-
15 906
social contributions
-
-
-
3 434
health
-
-
-
3 952
surtax
-
-
-
-
pensions
-
-
-
24 977
other
-
-
-
3 735
total
-
-
-
52 004
Employee
38 171
-
95 415
-
income
2 253
-
16 635
-
social contributions
1 088
-
2 718
-
surtax
-
-
-
-
pensions
4 316
-
5 741
-
total
7 657
-
25 094
-
Employer
38 171
-
95 415
-
unemployment
1 545
-
3 864
-
social contributions
115
-
286
-
pensions
6 271
-
9 824
-
other
1 317
-
3 342
-
health
2 672
-
7 770
-
total
11 920
-
25 086
-
Corporate
70 409
120 500
-
-
income
19 714
33 740
-
-
surtax
-
-
-
-
total
19 714
33 740
-
-
Dividends
50 695
86 760
-
-
withholding
6 489
11 105
-
-
surtax
-
-
-
-
social contributions
8 720
14 923
-
-
total
15 209
26 028
-
-
Income
120 500
120 500
120 500
120 500
Total tax
54 500
59 768
50 180
52 004
After tax
66 000
60 732
70 320
68 496
Living cost
30 514
30 514
30 514
30 514
Free-cash
35 486
30 218
39 806
37 982

Estimated living cost  is ₽30514 per week

₽19240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽8275
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
₽32648
₽31710
₽21751
₽16285
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
-
-
-
120 500
income
-
-
-
29 980
health
-
-
-
10 998
pensions
-
-
-
10 450
total
-
-
-
51 428
Employee
76 163
76 163
103 925
-
income

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

12 467
12 467
12 467
-
health
11 690
9 943
10 998
-
pensions
13 709
10 450
10 450
-
total
37 866
32 860
33 915
-
Employer
76 163
76 163
103 925
-
unemployment
2 742
2 742
3 407
-
pensions
5 301
5 301
6 589
-
health
5 294
5 294
6 579
-
total
13 337
13 337
16 575
-
Corporate
31 935
31 001
-
-
income
6 388
6 200
-
-
total
6 388
6 200
-
-
Dividends
25 547
24 801
-
-
withholding
3 832
3 720
-
-
income
5 430
5 270
-
-
total
9 262
8 990
-
-
Income
120 500
120 500
120 500
120 500
Total tax
66 853
61 387
50 490
51 428
After tax
53 647
59 113
70 010
69 072
Living cost
37 362
37 362
37 362
37 362
Free-cash
16 285
21 751
32 648
31 710

Estimated living cost  is ₽37362 per week

₽26477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
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.
₽6922
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
₽52377
₽39929
₽33825
₽43688
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.

-
-
-
120 500
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.

-
-
-
33 190
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.

-
-
-
6 093
trade
-
-
-
12 448
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.

-
-
-
1 826
total
-
-
-
53 557
Employee

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

34 113
-
120 500
-
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.

953
-
33 190
-
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.

6 093
-
6 093
-
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.

52
-
1 826
-
total
7 098
-
41 109
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 387
120 500
-
-
chamber of commerce
259
308
-
-
income
12 958
18 074
-
-
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.

713
993
-
-
trade
13 606
18 978
-
-
total
27 536
38 353
-
-
Dividends
58 852
82 146
-
-
withholding
14 374
20 198
-
-
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
1 110
-
-
total
15 164
21 308
-
-
Income
120 500
120 500
120 500
120 500
Total tax
49 798
59 661
41 109
53 557
After tax
70 702
60 839
79 391
66 943
Living cost
27 014
27 014
27 014
27 014
Free-cash
43 688
33 825
52 377
39 929

Estimated living cost  is ₽27014 per week

₽16993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
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.
₽6367
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
₽62369
₽63545
₽67377
₽62524
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
-
-
-
120 500
income
-
-
-
18 802
social contributions
-
-
-
14 430
health
-
-
-
3 074
total
-
-
-
36 306
Employee
68 581
68 581
110 773
-
income
7 467
6 349
18 194
-
social contributions
2 593
5 692
7 677
-
health
531
1 166
1 884
-
total
10 591
13 207
27 755
-
Employer
68 581
68 581
110 773
-
social contributions
2 593
5 692
7 677
-
health
577
1 269
2 050
-
total
3 170
6 961
9 727
-
Corporate
86 089
44 958
-
-
income
10 761
5 619
-
-
total
10 761
5 619
-
-
Dividends
75 328
39 339
-
-
withholding
12 805
6 687
-
-
total
12 805
6 687
-
-
Income
120 500
120 500
120 500
120 500
Total tax
37 327
32 474
37 482
36 306
After tax
83 173
88 026
83 018
84 194
Living cost
20 649
20 649
20 649
20 649
Free-cash
62 524
67 377
62 369
63 545

Estimated living cost  is ₽20649 per week

₽12376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
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.
₽5792
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
₽29771
₽37797
₽40565
₽39669
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.

-
-
-
120 500
income
-
-
-
12 854
social contributions

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

-
-
-
41 874
surtax
-
-
-
-
total
-
-
-
54 728
Employee
41 019
-
97 374
-
income
8 532
-
28 916
-
social contributions
4 512
-
10 712
-
surtax
-
-
-
-
total
13 044
-
39 628
-
Employer
41 019
-
97 374
-
social contributions
9 742
-
23 126
-
total
9 742
-
23 126
-
Corporate
69 739
120 500
-
-
income
14 645
25 305
-
-
surtax
-
-
-
-
total
14 645
25 305
-
-
Dividends
55 093
95 195
-
-
withholding
15 425
26 655
-
-
total
15 425
26 655
-
-
Income
120 500
120 500
120 500
120 500
Total tax
52 856
51 960
62 754
54 728
After tax
67 644
68 540
57 746
65 772
Living cost
27 975
27 975
27 975
27 975
Free-cash
39 669
40 565
29 771
37 797

Estimated living cost  is ₽27975 per week

₽20931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽4927
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
₽90058
₽112953
₽108133
₽106945
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%.

-
-
-
120 500
microenterprise

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

-
-
-
1 205
total
-
-
-
1 205
Employee
7 927
-
120 500
-
income
1 585
-
24 100
-
total
1 585
-
24 100
-
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%.

112 573
120 500
-
-
total
-
-
-
-
Dividends
112 573
120 500
-
-
withholding
5 628
6 025
-
-
total
5 628
6 025
-
-
Income
120 500
120 500
120 500
120 500
Total tax
7 213
6 025
24 100
1 205
After tax
113 287
114 475
96 400
119 295
Living cost
6 342
6 342
6 342
6 342
Free-cash
106 945
108 133
90 058
112 953

Estimated living cost  is ₽6342 per week

₽3930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽527
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽174
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.
₽1710
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
₽33594
₽36787
₽59044
₽51582
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.

-
-
-
120 500
income
-
-
-
25 746
health
-
-
-
11 858
unemployment
-
-
-
181
pensions
-
-
-
22 006
total
-
-
-
59 791
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.

39 439
-
104 266
-
income
6 801
-
23 705
-
health
2 547
-
6 736
-
unemployment
56
-
146
-
pensions
6 113
-
16 162
-
total
15 517
-
46 749
-
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.

39 439
-
104 266
-
unemployment
24
-
63
-
pensions
3 490
-
9 228
-
health
2 627
-
6 944
-
total
6 141
-
16 235
-
Corporate
74 921
120 500
-
-
income
14 236
22 894
-
-
total
14 236
22 894
-
-
Dividends
60 685
97 606
-
-
withholding
9 102
14 640
-
-
total
9 102
14 640
-
-
Income
120 500
120 500
120 500
120 500
Total tax
44 996
37 534
62 984
59 791
After tax
75 504
82 966
57 516
60 709
Living cost
23 922
23 922
23 922
23 922
Free-cash
51 582
59 044
33 594
36 787

Estimated living cost  is ₽23922 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
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.
₽5509
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
₽55535
₽56959
₽41238
₽44356
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.

-
-
-
120 500
income
-
-
-
25 388
health

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

-
-
-
5 778
total
-
-
-
31 166
Employee
40 914
-
116 397
-
social contributions
4 099
-
4 103
-
income
4 439
-
24 384
-
total
8 538
-
28 487
-
Employer
40 914
-
116 397
-
social contributions
4 099
-
4 103
-
total
4 099
-
4 103
-
Corporate
75 487
120 500
-
-
income
26 420
42 175
-
-
total
26 420
42 175
-
-
Dividends
49 067
78 325
-
-
social contributions
4 712
4 712
-
-
total
4 712
4 712
-
-
Income
120 500
120 500
120 500
120 500
Total tax
43 769
46 887
32 590
31 166
After tax
76 731
73 613
87 910
89 334
Living cost
32 375
32 375
32 375
32 375
Free-cash
44 356
41 238
55 535
56 959

Estimated living cost  is ₽32375 per week

₽21326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
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.
₽8000
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
₽57063
₽58473
₽54605
₽55065
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
-
-
-
120 500
income
-
-
-
18 074
social contributions
-
-
-
16 629
health
-
-
-
8 412
total
-
-
-
43 115
Employee
30 240
-
120 500
-
income
5 044
-
19 484
-
social contributions
4 174
-
16 629
-
health
2 111
-
8 412
-
total
11 329
-
44 525
-
Employer
30 240
-
120 500
-
total
-
-
-
-
Corporate
90 260
120 500
-
-
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%.

4 512
6 025
-
-
total
4 512
6 025
-
-
Dividends
85 748
114 475
-
-
withholding
12 863
17 170
-
-
health
5 985
7 990
-
-
social contributions
11 834
15 798
-
-
total
30 682
40 958
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 523
46 983
44 525
43 115
After tax
73 977
73 517
75 975
77 385
Living cost
18 912
18 912
18 912
18 912
Free-cash
55 065
54 605
57 063
58 473

Estimated living cost  is ₽18912 per week

₽12657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
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.
₽4653
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
₽36826
₽40131
₽58640
₽49963
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
-
-
-
120 500
income
-
-
-
11 374
social contributions
-
-
-
28 404
solidarity contribution
-
-
-
-
health
-
-
-
16 267
total
-
-
-
56 045
Employee
35 771
-
89 925
-
solidarity contribution
-
-
-
-
income
4 292
-
10 791
-
social contributions
2 325
-
5 845
-
health
4 829
-
12 140
-
total
11 446
-
28 776
-
Employer
35 771
-
89 925
-
social contributions
8 943
-
22 481
-
health
3 219
-
8 093
-
total
12 162
-
30 574
-
Corporate
72 567
120 500
-
-
income
13 788
22 895
-
-
total
13 788
22 895
-
-
Dividends
58 780
97 605
-
-
withholding
8 817
14 641
-
-
total
8 817
14 641
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 213
37 536
59 350
56 045
After tax
74 287
82 964
61 150
64 455
Living cost
24 324
24 324
24 324
24 324
Free-cash
49 963
58 640
36 826
40 131

Estimated living cost  is ₽24324 per week

₽18089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽4467
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
₽86517
₽109412
₽104592
₽102739
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%.

-
-
-
120 500
microenterprise

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

-
-
-
1 205
total
-
-
-
1 205
Employee
12 354
-
120 500
-
income
2 471
-
24 100
-
total
2 471
-
24 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

108 146
120 500
-
-
total
-
-
-
-
Dividends
108 146
120 500
-
-
withholding
5 407
6 025
-
-
total
5 407
6 025
-
-
Income
120 500
120 500
120 500
120 500
Total tax
7 878
6 025
24 100
1 205
After tax
112 622
114 475
96 400
119 295
Living cost
9 883
9 883
9 883
9 883
Free-cash
102 739
104 592
86 517
109 412

Estimated living cost  is ₽9883 per week

₽6688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
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.
₽2449
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
₽27244
₽25420
₽17656
₽23785
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
-
-
-
120 500
income
-
-
-
15 906
social contributions
-
-
-
3 434
health
-
-
-
3 952
surtax
-
-
-
-
pensions
-
-
-
24 977
other
-
-
-
3 735
total
-
-
-
52 004
Employee
55 860
-
95 415
-
income
4 874
-
16 635
-
social contributions
1 591
-
2 718
-
surtax
-
-
-
-
pensions
6 318
-
5 741
-
total
12 783
-
25 094
-
Employer
55 860
-
95 415
-
unemployment
2 263
-
3 864
-
social contributions
168
-
286
-
pensions
9 178
-
9 824
-
other
1 928
-
3 342
-
health
3 910
-
7 770
-
total
17 447
-
25 086
-
Corporate
47 194
120 500
-
-
income
13 215
33 740
-
-
surtax
-
-
-
-
total
13 215
33 740
-
-
Dividends
33 979
86 760
-
-
withholding
4 350
11 105
-
-
surtax
-
-
-
-
social contributions
5 844
14 923
-
-
total
10 194
26 028
-
-
Income
120 500
120 500
120 500
120 500
Total tax
53 639
59 768
50 180
52 004
After tax
66 861
60 732
70 320
68 496
Living cost
43 076
43 076
43 076
43 076
Free-cash
23 785
17 656
27 244
25 420

Estimated living cost  is ₽43076 per week

₽29153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3524
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
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.
₽9808
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
₽53875
₽53875
₽71685
₽67311
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.

-
-
-
120 500
income
-
-
-
26 411
health
-
-
-
6 768
unemployment
-
-
-
986
pensions
-
-
-
17 084
total
-
-
-
51 249
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.

23 186
-
108 738
-
income
3 196
-
26 411
-
health
1 194
-
3 384
-
unemployment
174
-
493
-
pensions
3 246
-
9 199
-
total
7 810
-
39 487
-
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.

23 186
-
108 738
-
unemployment
174
-
493
-
pensions
2 782
-
7 885
-
health
1 194
-
3 384
-
total
4 150
-
11 762
-
Corporate
93 163
120 500
-
-
income
13 975
18 075
-
-
total
13 975
18 075
-
-
Dividends
79 189
102 425
-
-
withholding
11 878
15 364
-
-
total
11 878
15 364
-
-
Income
120 500
120 500
120 500
120 500
Total tax
37 813
33 439
51 249
51 249
After tax
82 687
87 061
69 251
69 251
Living cost
15 376
15 376
15 376
15 376
Free-cash
67 311
71 685
53 875
53 875

Estimated living cost  is ₽15376 per week

₽10353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
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.
₽3389
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
₽30497
₽36353
-₽7147
₽19487
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
-
-
-
120 500
regional
-
-
-
5 383
national
-
-
-
1 479
health
-
-
-
272
city
-
-
-
1 269
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.

-
-
-
2 409
pensions
-
-
-
11 086
total
-
-
-
21 898
Employee
72 848
-
107 855
-
regional
2 385
-
4 633
-
city
782
-
1 159
-
health
165
-
243
-
unemployment
-
-
-
-
national
345
-
1 201
-
pensions
6 120
-
9 059
-
total
9 797
-
16 295
-
Employer
72 848
-
107 855
-
unemployment
-
-
-
-
pensions
6 120
-
9 059
-
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.

1 456
-
2 157
-
health
165
-
243
-
total
7 741
-
11 459
-
Corporate
39 110
120 500
-
-
regional
8 272
25 486
-
-
national
3 324
10 242
-
-
total
11 596
35 728
-
-
Dividends
27 514
84 772
-
-
withholding
9 630
29 670
-
-
total
9 630
29 670
-
-
Income
120 500
120 500
120 500
120 500
Total tax
38 764
65 398
27 754
21 898
After tax
81 736
55 102
92 746
98 602
Living cost
62 249
62 249
62 249
62 249
Free-cash
19 487
-7 147
30 497
36 353

Estimated living cost  is ₽62249 per week

₽40480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
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.
₽15419
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
₽31299
₽47819
₽43486
₽44245
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

-
-
-
120 500
municipal
-
-
-
21 424
national
-
-
-
15 532
health
-
-
-
1 483
total
-
-
-
38 439
Employee
46 923
-
101 371
-
health
350
-
1 188
-
unemployment
704
-
1 520
-
national
775
-
9 753
-
municipal
7 686
-
16 527
-
pensions
3 167
-
6 843
-
total
12 682
-
35 831
-
Employer
46 923
-
101 371
-
unemployment
305
-
658
-
pensions
8 141
-
17 588
-
accident
47
-
102
-
health
361
-
780
-
total
8 854
-
19 128
-
Corporate
64 723
120 500
-
-
income
12 944
24 100
-
-
total
12 944
24 100
-
-
Dividends

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

38 834
72 300
-
-
national
543
5 658
-
-
municipal
6 990
13 014
-
-
total
7 533
18 672
-
-
Income
120 500
120 500
120 500
120 500
Total tax
42 013
42 772
54 959
38 439
After tax
78 487
77 728
65 541
82 061
Living cost
34 242
34 242
34 242
34 242
Free-cash
44 245
43 486
31 299
47 819

Estimated living cost  is ₽34242 per week

₽22366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
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
₽11949
₽20901
₽34948
₽21574
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
-
-
-
120 500
national
-
-
-
41 971
social contributions
-
-
-
19 021
communal

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

-
-
-
6 088
total
-
-
-
67 080
Employee

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

63 796
-
93 332
-
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.

2 997
-
4 387
-
communal

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

3 327
-
4 868
-
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.

555
-
812
-
national
19 614
-
31 797
-
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.

4 785
-
7 000
-
total
31 278
-
48 864
-
Employer

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

63 796
-
93 332
-
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.

931
-
1 362
-
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.

5 653
-
8 270
-
surtax
7 234
-
10 585
-
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.

829
-
1 212
-
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.

3 923
-
5 739
-
total
18 570
-
27 168
-
Corporate
38 133
120 500
-
-
income
7 626
24 100
-
-
surtax
152
482
-
-
total
7 778
24 582
-
-
Dividends
30 355
95 918
-
-
withholding

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

8 781
28 451
-
-
total
8 781
28 451
-
-
Income
120 500
120 500
120 500
120 500
Total tax
66 407
53 033
76 032
67 080
After tax
54 093
67 467
44 468
53 420
Living cost
32 519
32 519
32 519
32 519
Free-cash
21 574
34 948
11 949
20 901

Estimated living cost  is ₽32519 per week

₽20946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8220
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
₽26786
₽27761
₽29643
₽28831
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
-
-
-
120 500
municipal
-
-
-
29 089
national
-
-
-
4 548
health
-
-
-
4 944
accident
-
-
-
158
unemployment
-
-
-
79
pensions
-
-
-
8 565
other
-
-
-
9 206
total
-
-
-
56 589
Employee
51 511
-
95 606
-
national
-
-
4 160
-
municipal
15 361
-
28 510
-
total
15 361
-
32 670
-
Employer
51 511
-
95 606
-
unemployment
1 360
-
2 092
-
pensions
5 568
-
8 565
-
other
5 986
-
9 206
-
accident
103
-
158
-
health
3 168
-
4 873
-
total
16 185
-
24 894
-
Corporate
52 804
120 500
-
-
income
11 617
26 510
-
-
total
11 617
26 510
-
-
Dividends
41 187
93 990
-
-
withholding
12 356
28 197
-
-
total
12 356
28 197
-
-
Income
120 500
120 500
120 500
120 500
Total tax
55 519
54 707
57 564
56 589
After tax
64 981
65 793
62 936
63 911
Living cost
36 150
36 150
36 150
36 150
Free-cash
28 831
29 643
26 786
27 761

Estimated living cost  is ₽36150 per week

₽23959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
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.
₽8095
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
₽69894
₽44493
₽34530
-₽13514
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
-
-
-
120 500
income
-
-
-
23 488
social contributions
-
-
-
13 737
total
-
-
-
37 225
Employee
55 607
-
-
-
income
12 266
-
-
-
social contributions
4 560
-
650
-
total
16 826
-
650
-
Employer
55 607
-
-
-
social contributions
78 406
-
11 174
-
total
78 406
-
11 174
-
Corporate
-
120 500
-
-
income
-
26 510
-
-
total
-
26 510
-
-
Dividends
-
93 990
-
-
income
-
20 678
-
-
total
-
20 678
-
-
Income
120 500
120 500
120 500
120 500
Total tax
95 232
47 188
11 824
37 225
After tax
25 268
73 312
108 676
83 275
Living cost
38 782
38 782
38 782
38 782
Free-cash
-13 514
34 530
69 894
44 493

Estimated living cost  is ₽38782 per week

₽25163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3647
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
₽54090
₽55266
₽59098
₽55396
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
-
-
-
120 500
income
-
-
-
18 802
social contributions
-
-
-
14 430
health
-
-
-
3 074
total
-
-
-
36 306
Employee
68 581
68 581
110 773
-
income
7 202
6 349
18 194
-
social contributions
3 333
5 692
7 677
-
health
682
1 166
1 884
-
total
11 217
13 207
27 755
-
Employer
68 581
68 581
110 773
-
social contributions
3 333
5 692
7 677
-
health
743
1 269
2 050
-
total
4 076
6 961
9 727
-
Corporate
76 280
44 958
-
-
income
9 536
5 619
-
-
total
9 536
5 619
-
-
Dividends
66 745
39 339
-
-
withholding
11 347
6 687
-
-
total
11 347
6 687
-
-
Income
120 500
120 500
120 500
120 500
Total tax
36 176
32 474
37 482
36 306
After tax
84 324
88 026
83 018
84 194
Living cost
28 928
28 928
28 928
28 928
Free-cash
55 396
59 098
54 090
55 266

Estimated living cost  is ₽28928 per week

₽19775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6408
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
₽39127
₽50207
₽50210
₽53341
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
-
-
-
120 500
income
-
-
-
31 082
pensions
-
-
-
7 138
total
-
-
-
38 220
Employee
44 025
-
105 555
-
income
8 017
-
23 694
-
health
574
-
1 653
-
pensions
3 360
-
9 008
-
total
11 951
-
34 355
-
Employer
44 025
-
105 555
-
pensions
4 448
-
12 939
-
health
837
-
2 006
-
total
5 285
-
14 945
-
Corporate
71 190
120 500
-
-
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.

13 526
22 896
-
-
total
13 526
22 896
-
-
Dividends
57 664
97 604
-
-
withholding
4 324
15 321
-
-
total
4 324
15 321
-
-
Income
120 500
120 500
120 500
120 500
Total tax
35 086
38 217
49 300
38 220
After tax
85 414
82 283
71 200
82 280
Living cost
32 073
32 073
32 073
32 073
Free-cash
53 341
50 210
39 127
50 207

Estimated living cost  is ₽32073 per week

₽22002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
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.
₽6718
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
₽17181
₽22692
₽27941
₽23884
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
-
-
-
120 500
municipal
-
-
-
806
regional
-
-
-
2 695
national
-
-
-
27 784
social contributions
-
-
-
30 993
total
-
-
-
62 278
Employee
75 155
-
120 500
-
regional
1 135
-
2 316
-
social contributions
25 342
-
40 632
-
national
12 701
-
24 122
-
municipal
449
-
719
-
total
39 627
-
67 789
-
Employer
75 155
-
120 500
-
total
-
-
-
-
Corporate
45 345
120 500
-
-
nationa
10 883
28 920
-
-
municipal
2 185
5 809
-
-
total
13 068
34 729
-
-
Dividends
32 277
85 772
-
-
withholding
8 391
22 300
-
-
total
8 391
22 300
-
-
Income
120 500
120 500
120 500
120 500
Total tax
61 086
57 029
67 789
62 278
After tax
59 414
63 471
52 711
58 222
Living cost
35 530
35 530
35 530
35 530
Free-cash
23 884
27 941
17 181
22 692

Estimated living cost  is ₽35530 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽7591
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
₽45850
₽63872
-₽8844
₽6906
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
-
-
-
120 500
income
-
-
-
32 133
health
-
-
-
1 844
accident
-
-
-
214
pensions
-
-
-
3 519
other
-
-
-
313
total
-
-
-
38 023
Employee
29 267
-
106 784
-
income
4 015
-
23 651
-
health
3 351
-
12 226
-
pensions
3 296
-
6 452
-
total
10 662
-
42 329
-
Employer
29 267
-
106 784
-
unemployment
717
-
2 616
-
pensions
4 759
-
9 317
-
accident
489
-
1 783
-
total
5 965
-
13 716
-
Corporate
85 269
120 500
-
-
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.

76 742
108 450
-
-
total
76 742
108 450
-
-
Dividends
8 527
12 050
-
-
withholding
1 620
2 289
-
-
total
1 620
2 289
-
-
Income
120 500
120 500
120 500
120 500
Total tax
94 989
110 739
56 045
38 023
After tax
25 511
9 761
64 455
82 477
Living cost
18 605
18 605
18 605
18 605
Free-cash
6 906
-8 844
45 850
63 872

Estimated living cost  is ₽18605 per week

₽13636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽3550
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
₽44958
₽33617
₽27645
₽39311
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.

-
-
-
120 500
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.

-
-
-
33 190
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.

-
-
-
6 093
trade
-
-
-
11 341
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.

-
-
-
1 826
total
-
-
-
52 450
Employee

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

44 376
-
120 500
-
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.

3 649
-
33 190
-
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.

6 093
-
6 093
-
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.

201
-
1 826
-
total
9 943
-
41 109
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 124
120 500
-
-
chamber of commerce
247
311
-
-
income
11 419
18 074
-
-
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.

628
993
-
-
trade
10 923
17 292
-
-
total
23 217
36 670
-
-
Dividends
52 906
83 829
-
-
withholding
12 887
20 618
-
-
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
1 134
-
-
total
13 596
21 752
-
-
Income
120 500
120 500
120 500
120 500
Total tax
46 756
58 422
41 109
52 450
After tax
73 744
62 078
79 391
68 050
Living cost
34 433
34 433
34 433
34 433
Free-cash
39 311
27 645
44 958
33 617

Estimated living cost  is ₽34433 per week

₽23753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
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.
₽6476
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
₽49009
₽18205
₽77845
₽70530
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.

-
-
-
120 500
microenterprise
-
-
-
-
income
-
-
-
18 841
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.

-
-
-
34 172
surtax
-
-
-
30 727
total
-
-
-
83 740
Employee
26 061
-
97 106
-
income
4 639
-
18 863
-
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.

2 867
-
10 681
-
surtax
-
-
-
-
total
7 506
-
29 544
-
Employer
26 061
-
97 106
-
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.

6 277
-
23 392
-
surtax
-
-
-
-
total
6 277
-
23 392
-
Corporate
88 161
120 500
-
-
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%.

17 632
24 100
-
-
total
17 632
24 100
-
-
Dividends

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

70 529
96 400
-
-
total
-
-
-
-
Income
120 500
120 500
120 500
120 500
Total tax
31 415
24 100
52 936
83 740
After tax
89 085
96 400
67 564
36 760
Living cost
18 555
18 555
18 555
18 555
Free-cash
70 530
77 845
49 009
18 205

Estimated living cost  is ₽18555 per week

₽11837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽4529
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
₽58916
₽59748
₽63488
₽61566
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
-
-
-
120 500
income
-
-
-
34 322
health
-
-
-
6 189
pensions
-
-
-
8 537
total
-
-
-
49 048
Employee
17 826
-
110 896
-
income
3 448
-
33 873
-
health
891
-
2 134
-
unemployment
178
-
427
-
pensions
1 604
-
3 842
-
total
6 121
-
40 276
-
Employer
17 826
-
110 896
-
unemployment
357
-
854
-
pensions
1 961
-
4 695
-
health
1 694
-
4 055
-
total
4 012
-
9 604
-
Corporate
98 663
120 500
-
-
income
21 706
26 510
-
-
total
21 706
26 510
-
-
Dividends
76 957
93 990
-
-
withholding
15 391
18 798
-
-
total
15 391
18 798
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 230
45 308
49 880
49 048
After tax
73 270
75 192
70 620
71 452
Living cost
11 704
11 704
11 704
11 704
Free-cash
61 566
63 488
58 916
59 748

Estimated living cost  is ₽11704 per week

₽6955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽268
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.
₽3532
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
₽34958
₽37143
₽55761
₽52925
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
-
-
-
120 500
income
-
-
-
27 094
health
-
-
-
8 451
unemployment
-
-
-
203
surtax
-
-
-
3 769
pensions
-
-
-
23 807
other
-
-
-
-
total
-
-
-
63 324
Employee
30 035
-
99 547
-
other
-
-
-
-
income
5 035
-
25 024
-
health
767
-
2 539
-
unemployment
2 090
-
6 929
-
surtax
107
-
3 424
-
pensions
2 004
-
6 640
-
total
10 003
-
44 556
-
Employer
30 035
-
99 547
-
unemployment
953
-
3 155
-
pensions
4 004
-
13 269
-
other
-
-
-
-
health
1 366
-
4 529
-
total
6 323
-
20 953
-
Corporate
84 142
120 500
-
-
income
21 877
31 330
-
-
total
21 877
31 330
-
-
Dividends
62 264
89 170
-
-
withholding
9 339
13 376
-
-
total
9 339
13 376
-
-
Income
120 500
120 500
120 500
120 500
Total tax
47 542
44 706
65 509
63 324
After tax
72 958
75 794
54 991
57 176
Living cost
20 033
20 033
20 033
20 033
Free-cash
52 925
55 761
34 958
37 143

Estimated living cost  is ₽20033 per week

₽12095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽5733
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
₽4103
₽32641
₽38666
₽38221
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
-
-
-
120 500
income
-
-
-
26 207
chamber of commerce
-
-
-