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
₽ 121500
per

Your estimated
City
free-cash

Valencia , Spain
₽41709
₽45483
₽58308
₽54403
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
-
-
-
121 500
income
-
-
-
29 777
accident
-
-
-
698
unemployment
-
-
-
543
pensions
-
-
-
21 930
other
-
-
-
78
total
-
-
-
53 026
Employee
30 915
-
96 795
-
other
30
-
78
-
income
5 960
-
27 173
-
unemployment
479
-
1 201
-
pensions
1 453
-
3 643
-
total
7 922
-
32 095
-
Employer
30 915
-
96 795
-
unemployment
1 701
-
4 262
-
pensions
7 295
-
18 289
-
other
248
-
620
-
accident
612
-
1 534
-
total
9 856
-
24 705
-
Corporate
80 729
121 500
-
-
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.

12 109
18 225
-
-
total
12 109
18 225
-
-
Dividends
68 620
103 275
-
-
withholding
14 219
21 976
-
-
total
14 219
21 976
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 106
40 201
56 800
53 026
After tax
77 394
81 299
64 700
68 474
Living cost
22 991
22 991
22 991
22 991
Free-cash
54 403
58 308
41 709
45 483

Estimated living cost  is ₽22991 per week

₽15519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
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.
₽4860
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
₽47201
₽42178
₽66989
₽61343
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
-
-
-
121 500
income
-
-
-
16 769
health
-
-
-
5 345
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.

-
-
-
29 160
other
-
-
-
5 770
total
-
-
-
57 044
Employee
30 357
-
97 046
-
income
5 226
-
18 443
-
health
425
-
1 358
-
unemployment
303
-
971
-
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.

2 124
-
6 794
-
total
8 078
-
27 566
-
Employer
30 357
-
97 046
-
unemployment
303
-
971
-
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.

5 161
-
16 498
-
other
1 518
-
4 852
-
accident
243
-
776
-
health
425
-
1 358
-
total
7 650
-
24 455
-
Corporate
83 492
121 500
-
-
income
17 534
25 514
-
-
total
17 534
25 514
-
-
Dividends
65 959
95 986
-
-
withholding
4 617
6 719
-
-
total
4 617
6 719
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 879
32 233
52 021
57 044
After tax
83 621
89 267
69 479
64 456
Living cost
22 278
22 278
22 278
22 278
Free-cash
61 343
66 989
47 201
42 178

Estimated living cost  is ₽22278 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽359
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.
₽4674
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
₽88986
₽84500
₽92912
₽89026
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
-
-
-
121 500
income
-
-
-
18 225
health
-
-
-
3 361
unemployment
-
-
-
117
pensions

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

-
-
-
4 326
total
-
-
-
26 029
Employee
14 527
-
115 766
-
income
1 452
-
11 576
-
health
668
-
1 344
-
accident

We are using the highest rate at 1.1%.

160
-
322
-
pensions

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

1 275
-
2 566
-
total
3 555
-
15 808
-
Employer
14 527
-
115 766
-
unemployment
87
-
175
-
pensions

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

1 601
-
3 221
-
accident

We are using the highest rate at 1.1%.

160
-
322
-
health
1 003
-
2 017
-
total
2 851
-
5 735
-
Corporate
104 123
121 500
-
-
income
10 412
12 150
-
-
total
10 412
12 150
-
-
Dividends
93 711
109 350
-
-
withholding
4 685
5 467
-
-
total
4 685
5 467
-
-
Income
121 500
121 500
121 500
121 500
Total tax
21 503
17 617
21 543
26 029
After tax
99 997
103 883
99 957
95 471
Living cost
10 971
10 971
10 971
10 971
Free-cash
89 026
92 912
88 986
84 500

Estimated living cost  is ₽10971 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽291
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.
₽3492
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
₽41048
₽40281
₽32631
₽37570
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
-
-
-
121 500
income
-
-
-
16 930
social contributions
-
-
-
3 462
health
-
-
-
4 333
surtax
-
-
-
-
pensions
-
-
-
24 122
other
-
-
-
3 767
total
-
-
-
52 614
Employee
35 783
-
95 586
-
income
2 112
-
17 206
-
social contributions
1 020
-
2 724
-
surtax
-
-
-
-
pensions
4 046
-
6 002
-
total
7 178
-
25 932
-
Employer
35 783
-
95 586
-
unemployment
1 449
-
3 871
-
social contributions
108
-
287
-
pensions
5 878
-
10 220
-
other
1 234
-
3 455
-
health
2 505
-
8 082
-
total
11 174
-
25 915
-
Corporate
74 543
121 500
-
-
income
20 872
34 020
-
-
surtax
-
-
-
-
total
20 872
34 020
-
-
Dividends
53 671
87 480
-
-
withholding
6 870
11 197
-
-
surtax
-
-
-
-
social contributions
9 231
15 047
-
-
total
16 101
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 325
60 264
51 847
52 614
After tax
66 175
61 236
69 653
68 886
Living cost
28 605
28 605
28 605
28 605
Free-cash
37 570
32 631
41 048
40 281

Estimated living cost  is ₽28605 per week

₽18037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽7757
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
₽38089
₽33847
₽24745
₽19622
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
-
-
-
121 500
income
-
-
-
32 523
health
-
-
-
10 310
pensions
-
-
-
9 796
total
-
-
-
52 629
Employee
71 397
71 397
105 962
-
income

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

11 687
11 687
12 743
-
health
10 959
9 321
10 310
-
pensions
12 852
9 796
9 796
-
total
35 498
30 804
32 849
-
Employer
71 397
71 397
105 962
-
unemployment
2 570
2 570
3 194
-
pensions
4 969
4 969
6 177
-
health
4 963
4 963
6 167
-
total
12 502
12 502
15 538
-
Corporate
38 476
37 600
-
-
income
7 695
7 521
-
-
total
7 695
7 521
-
-
Dividends
30 781
30 080
-
-
withholding
4 617
4 512
-
-
income
6 542
6 392
-
-
total
11 159
10 904
-
-
Income
121 500
121 500
121 500
121 500
Total tax
66 854
61 731
48 387
52 629
After tax
54 646
59 769
73 113
68 871
Living cost
35 024
35 024
35 024
35 024
Free-cash
19 622
24 745
38 089
33 847

Estimated living cost  is ₽35024 per week

₽24821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
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.
₽6489
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
₽53856
₽40843
₽35998
₽45247
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.

-
-
-
121 500
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.

-
-
-
34 699
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.

-
-
-
5 712
trade
-
-
-
13 013
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.

-
-
-
1 909
total
-
-
-
55 333
Employee

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

31 978
-
121 500
-
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.

893
-
34 699
-
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.

5 712
-
5 712
-
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.

49
-
1 909
-
total
6 654
-
42 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 522
121 500
-
-
chamber of commerce
255
301
-
-
income
13 427
18 225
-
-
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.

738
1 003
-
-
trade
14 100
19 136
-
-
total
28 520
38 665
-
-
Dividends
61 001
82 834
-
-
withholding
14 933
20 391
-
-
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.

822
1 122
-
-
total
15 755
21 513
-
-
Income
121 500
121 500
121 500
121 500
Total tax
50 929
60 178
42 320
55 333
After tax
70 571
61 322
79 180
66 167
Living cost
25 324
25 324
25 324
25 324
Free-cash
45 247
35 998
53 856
40 843

Estimated living cost  is ₽25324 per week

₽15930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽5969
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
₽63840
₽64978
₽69362
₽64812
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
-
-
-
121 500
income
-
-
-
20 539
social contributions
-
-
-
13 527
health
-
-
-
3 099
total
-
-
-
37 165
Employee
64 290
64 290
112 226
-
income
7 000
5 951
19 925
-
social contributions
2 431
5 336
7 197
-
health
498
1 093
1 907
-
total
9 929
12 380
29 029
-
Employer
64 290
64 290
112 226
-
social contributions
2 431
5 336
7 197
-
health
541
1 190
2 077
-
total
2 972
6 526
9 274
-
Corporate
89 242
50 684
-
-
income
11 155
6 335
-
-
total
11 155
6 335
-
-
Dividends
78 086
44 349
-
-
withholding
13 275
7 540
-
-
total
13 275
7 540
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 331
32 781
38 303
37 165
After tax
84 169
88 719
83 197
84 335
Living cost
19 357
19 357
19 357
19 357
Free-cash
64 812
69 362
63 840
64 978

Estimated living cost  is ₽19357 per week

₽11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5429
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
₽31287
₽39733
₽42885
₽42042
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.

-
-
-
121 500
income
-
-
-
13 321
social contributions

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

-
-
-
42 221
surtax
-
-
-
-
total
-
-
-
55 542
Employee
38 453
-
98 182
-
income
7 998
-
29 870
-
social contributions
4 230
-
10 800
-
surtax
-
-
-
-
total
12 228
-
40 670
-
Employer
38 453
-
98 182
-
social contributions
9 133
-
23 318
-
total
9 133
-
23 318
-
Corporate
73 915
121 500
-
-
income
15 522
25 514
-
-
surtax
-
-
-
-
total
15 522
25 514
-
-
Dividends
58 393
95 986
-
-
withholding
16 350
26 876
-
-
total
16 350
26 876
-
-
Income
121 500
121 500
121 500
121 500
Total tax
53 233
52 390
63 988
55 542
After tax
68 267
69 110
57 512
65 958
Living cost
26 225
26 225
26 225
26 225
Free-cash
42 042
42 885
31 287
39 733

Estimated living cost  is ₽26225 per week

₽19622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽4619
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
₽90950
₽114035
₽109175
₽108004
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%.

-
-
-
121 500
microenterprise

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

-
-
-
1 215
total
-
-
-
1 215
Employee
7 813
-
121 500
-
income
1 562
-
24 300
-
total
1 562
-
24 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

113 687
121 500
-
-
total
-
-
-
-
Dividends
113 687
121 500
-
-
withholding
5 684
6 075
-
-
total
5 684
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
7 246
6 075
24 300
1 215
After tax
114 254
115 425
97 200
120 285
Living cost
6 250
6 250
6 250
6 250
Free-cash
108 004
109 175
90 950
114 035

Estimated living cost  is ₽6250 per week

₽3874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽172
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.
₽1685
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
₽35004
₽38225
₽61228
₽54236
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.

-
-
-
121 500
income
-
-
-
26 524
health
-
-
-
11 955
unemployment
-
-
-
182
pensions
-
-
-
22 189
total
-
-
-
60 850
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.

36 971
-
105 131
-
income
6 376
-
24 467
-
health
2 388
-
6 791
-
unemployment
52
-
148
-
pensions
5 731
-
16 296
-
total
14 547
-
47 702
-
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.

36 971
-
105 131
-
unemployment
22
-
63
-
pensions
3 272
-
9 304
-
health
2 462
-
7 002
-
total
5 756
-
16 369
-
Corporate
78 772
121 500
-
-
income
14 966
23 085
-
-
total
14 966
23 085
-
-
Dividends
63 806
98 415
-
-
withholding
9 570
14 762
-
-
total
9 570
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 839
37 847
64 071
60 850
After tax
76 661
83 653
57 429
60 650
Living cost
22 425
22 425
22 425
22 425
Free-cash
54 236
61 228
35 004
38 225

Estimated living cost  is ₽22425 per week

₽15390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1437
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.
₽5164
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
₽57611
₽61865
₽44209
₽47129
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.

-
-
-
121 500
income
-
-
-
23 799
health

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

-
-
-
5 486
total
-
-
-
29 285
Employee
38 354
-
117 654
-
social contributions
3 843
-
3 846
-
income
4 162
-
25 847
-
total
8 005
-
29 693
-
Employer
38 354
-
117 654
-
social contributions
3 843
-
3 846
-
total
3 843
-
3 846
-
Corporate
79 303
121 500
-
-
income
27 756
42 524
-
-
total
27 756
42 524
-
-
Dividends
51 547
78 976
-
-
social contributions
4 417
4 417
-
-
total
4 417
4 417
-
-
Income
121 500
121 500
121 500
121 500
Total tax
44 021
46 941
33 539
29 285
After tax
77 479
74 559
87 961
92 215
Living cost
30 350
30 350
30 350
30 350
Free-cash
47 129
44 209
57 611
61 865

Estimated living cost  is ₽30350 per week

₽19991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2393
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.
₽7500
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
₽58550
₽60299
₽56398
₽56830
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
-
-
-
121 500
income
-
-
-
18 225
social contributions
-
-
-
16 767
health
-
-
-
8 480
total
-
-
-
43 472
Employee
28 348
-
121 500
-
income
4 728
-
19 974
-
social contributions
3 913
-
16 767
-
health
1 979
-
8 480
-
total
10 620
-
45 221
-
Employer
28 348
-
121 500
-
total
-
-
-
-
Corporate
93 152
121 500
-
-
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%.

4 658
6 075
-
-
total
4 658
6 075
-
-
Dividends
88 494
115 425
-
-
withholding
13 274
17 313
-
-
health
6 177
8 057
-
-
social contributions
12 212
15 928
-
-
total
31 663
41 298
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 941
47 373
45 221
43 472
After tax
74 559
74 127
76 279
78 028
Living cost
17 729
17 729
17 729
17 729
Free-cash
56 830
56 398
58 550
60 299

Estimated living cost  is ₽17729 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
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
₽38778
₽43746
₽60775
₽52613
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
-
-
-
121 500
income
-
-
-
11 757
social contributions
-
-
-
26 716
solidarity contribution
-
-
-
-
health
-
-
-
16 403
total
-
-
-
54 876
Employee
33 645
-
90 672
-
solidarity contribution
-
-
-
-
income
4 037
-
10 881
-
social contributions
2 187
-
5 894
-
health
4 542
-
12 241
-
total
10 766
-
29 016
-
Employer
33 645
-
90 672
-
social contributions
8 411
-
22 668
-
health
3 028
-
8 160
-
total
11 439
-
30 828
-
Corporate
76 416
121 500
-
-
income
14 519
23 085
-
-
total
14 519
23 085
-
-
Dividends
61 897
98 415
-
-
withholding
9 285
14 762
-
-
total
9 285
14 762
-
-
Income
121 500
121 500
121 500
121 500
Total tax
46 009
37 847
59 844
54 876
After tax
75 491
83 653
61 656
66 624
Living cost
22 878
22 878
22 878
22 878
Free-cash
52 613
60 775
38 778
43 746

Estimated living cost  is ₽22878 per week

₽17014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4201
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
₽87460
₽110545
₽105685
₽103859
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%.

-
-
-
121 500
microenterprise

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

-
-
-
1 215
total
-
-
-
1 215
Employee
12 175
-
121 500
-
income
2 435
-
24 300
-
total
2 435
-
24 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

109 325
121 500
-
-
total
-
-
-
-
Dividends
109 325
121 500
-
-
withholding
5 466
6 075
-
-
total
5 466
6 075
-
-
Income
121 500
121 500
121 500
121 500
Total tax
7 901
6 075
24 300
1 215
After tax
113 599
115 425
97 200
120 285
Living cost
9 740
9 740
9 740
9 740
Free-cash
103 859
105 685
87 460
110 545

Estimated living cost  is ₽9740 per week

₽6591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
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.
₽2413
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
₽29272
₽28505
₽20855
₽26601
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
-
-
-
121 500
income
-
-
-
16 930
social contributions
-
-
-
3 462
health
-
-
-
4 333
surtax
-
-
-
-
pensions
-
-
-
24 122
other
-
-
-
3 767
total
-
-
-
52 614
Employee
52 365
-
95 586
-
income
4 569
-
17 206
-
social contributions
1 491
-
2 724
-
surtax
-
-
-
-
pensions
5 923
-
6 002
-
total
11 983
-
25 932
-
Employer
52 365
-
95 586
-
unemployment
2 121
-
3 871
-
social contributions
157
-
287
-
pensions
8 604
-
10 220
-
other
1 807
-
3 455
-
health
3 665
-
8 082
-
total
16 354
-
25 915
-
Corporate
52 780
121 500
-
-
income
14 779
34 020
-
-
surtax
-
-
-
-
total
14 779
34 020
-
-
Dividends
38 001
87 480
-
-
withholding
4 865
11 197
-
-
surtax
-
-
-
-
social contributions
6 537
15 047
-
-
total
11 402
26 244
-
-
Income
121 500
121 500
121 500
121 500
Total tax
54 518
60 264
51 847
52 614
After tax
66 982
61 236
69 653
68 886
Living cost
40 381
40 381
40 381
40 381
Free-cash
26 601
20 855
29 272
28 505

Estimated living cost  is ₽40381 per week

₽27329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
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.
₽9194
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
₽56918
₽56917
₽73373
₽69273
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.

-
-
-
121 500
income
-
-
-
26 894
health
-
-
-
6 343
unemployment
-
-
-
924
pensions
-
-
-
16 011
total
-
-
-
50 172
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.

21 730
-
110 477
-
income
2 995
-
26 894
-
health
1 119
-
3 171
-
unemployment
163
-
462
-
pensions
3 042
-
8 621
-
total
7 319
-
39 148
-
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.

21 730
-
110 477
-
unemployment
163
-
462
-
pensions
2 608
-
7 390
-
health
1 119
-
3 171
-
total
3 890
-
11 023
-
Corporate
95 880
121 500
-
-
income
14 382
18 225
-
-
total
14 382
18 225
-
-
Dividends
81 498
103 275
-
-
withholding
12 225
15 491
-
-
total
12 225
15 491
-
-
Income
121 500
121 500
121 500
121 500
Total tax
37 816
33 716
50 171
50 172
After tax
83 684
87 784
71 329
71 328
Living cost
14 411
14 411
14 411
14 411
Free-cash
69 273
73 373
56 918
56 917

Estimated living cost  is ₽14411 per week

₽9703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
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.
₽3176
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
₽34786
₽40691
-₽2829
₽22153
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
-
-
-
121 500
regional
-
-
-
5 649
national
-
-
-
1 611
health
-
-
-
273
city
-
-
-
1 281
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.

-
-
-
2 429
pensions
-
-
-
11 178
total
-
-
-
22 421
Employee
68 329
-
108 749
-
regional
2 237
-
4 893
-
city
733
-
1 168
-
health
154
-
244
-
unemployment
-
-
-
-
national
323
-
1 331
-
pensions
5 741
-
9 136
-
total
9 188
-
16 772
-
Employer
68 329
-
108 749
-
unemployment
-
-
-
-
pensions
5 741
-
9 136
-
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.

1 366
-
2 174
-
health
154
-
244
-
total
7 261
-
11 554
-
Corporate
45 159
121 500
-
-
regional
9 551
25 697
-
-
national
3 839
10 328
-
-
total
13 390
36 025
-
-
Dividends
31 769
85 475
-
-
withholding
11 120
29 916
-
-
total
11 120
29 916
-
-
Income
121 500
121 500
121 500
121 500
Total tax
40 959
65 941
28 326
22 421
After tax
80 541
55 559
93 174
99 079
Living cost
58 388
58 388
58 388
58 388
Free-cash
22 153
-2 829
34 786
40 691

Estimated living cost  is ₽58388 per week

₽37969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽717
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.
₽14462
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
₽33276
₽49938
₽45636
₽47078
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

-
-
-
121 500
municipal
-
-
-
21 595
national
-
-
-
16 346
health
-
-
-
1 522
total
-
-
-
39 463
Employee
43 988
-
102 213
-
health
328
-
1 225
-
unemployment
660
-
1 533
-
national
727
-
10 520
-
municipal
7 205
-
16 659
-
pensions
2 969
-
6 900
-
total
11 889
-
36 837
-
Employer
43 988
-
102 213
-
unemployment
286
-
665
-
pensions
7 632
-
17 734
-
accident
44
-
102
-
health
338
-
787
-
total
8 300
-
19 288
-
Corporate
69 213
121 500
-
-
income
13 843
24 301
-
-
total
13 843
24 301
-
-
Dividends

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

41 527
72 900
-
-
national
816
6 343
-
-
municipal
7 475
13 121
-
-
total
8 291
19 464
-
-
Income
121 500
121 500
121 500
121 500
Total tax
42 323
43 765
56 125
39 463
After tax
79 177
77 735
65 375
82 037
Living cost
32 099
32 099
32 099
32 099
Free-cash
47 078
45 636
33 276
49 938

Estimated living cost  is ₽32099 per week

₽20967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7535
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
₽13730
₽22818
₽37519
₽24982
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
-
-
-
121 500
national
-
-
-
43 010
social contributions
-
-
-
19 040
communal

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

-
-
-
6 148
total
-
-
-
68 198
Employee

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

59 805
-
94 106
-
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.

2 810
-
4 423
-
communal

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

3 119
-
4 909
-
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.

520
-
819
-
national
18 386
-
32 683
-
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.

4 485
-
7 057
-
total
29 320
-
49 891
-
Employer

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

59 805
-
94 106
-
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.

873
-
1 374
-
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.

5 299
-
8 338
-
surtax
6 781
-
10 672
-
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.

777
-
1 223
-
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.

3 678
-
5 788
-
total
17 408
-
27 395
-
Corporate
44 287
121 500
-
-
income
8 858
24 301
-
-
surtax
178
486
-
-
total
9 036
24 787
-
-
Dividends
35 251
96 714
-
-
withholding

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

10 270
28 710
-
-
total
10 270
28 710
-
-
Income
121 500
121 500
121 500
121 500
Total tax
66 034
53 497
77 286
68 198
After tax
55 466
68 003
44 214
53 302
Living cost
30 484
30 484
30 484
30 484
Free-cash
24 982
37 519
13 730
22 818

Estimated living cost  is ₽30484 per week

₽19636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽7706
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
₽28745
₽29677
₽31753
₽30976
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
-
-
-
121 500
municipal
-
-
-
29 683
national
-
-
-
5 594
health
-
-
-
4 730
accident
-
-
-
152
unemployment
-
-
-
76
pensions
-
-
-
8 194
other
-
-
-
8 808
total
-
-
-
57 237
Employee
49 282
-
97 684
-
national
-
-
5 223
-
municipal
14 696
-
29 129
-
total
14 696
-
34 352
-
Employer
49 282
-
97 684
-
unemployment
1 301
-
2 001
-
pensions
5 327
-
8 194
-
other
5 727
-
8 808
-
accident
99
-
152
-
health
3 031
-
4 662
-
total
15 485
-
23 817
-
Corporate
56 734
121 500
-
-
income
12 481
26 730
-
-
total
12 481
26 730
-
-
Dividends
44 253
94 770
-
-
withholding
13 276
28 431
-
-
total
13 276
28 431
-
-
Income
121 500
121 500
121 500
121 500
Total tax
55 938
55 161
58 169
57 237
After tax
65 562
66 339
63 331
64 263
Living cost
34 586
34 586
34 586
34 586
Free-cash
30 976
31 753
28 745
29 677

Estimated living cost  is ₽34586 per week

₽22922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7745
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
₽71584
₽45713
₽35668
-₽10687
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
-
-
-
121 500
income
-
-
-
23 683
social contributions
-
-
-
13 851
total
-
-
-
37 534
Employee
54 849
-
-
-
income
12 099
-
-
-
social contributions
4 498
-
641
-
total
16 597
-
641
-
Employer
54 849
-
-
-
social contributions
77 337
-
11 022
-
total
77 337
-
11 022
-
Corporate
-
121 500
-
-
income
-
26 730
-
-
total
-
26 730
-
-
Dividends
-
94 770
-
-
income
-
20 849
-
-
total
-
20 849
-
-
Income
121 500
121 500
121 500
121 500
Total tax
93 934
47 579
11 663
37 534
After tax
27 566
73 921
109 837
83 966
Living cost
38 253
38 253
38 253
38 253
Free-cash
-10 687
35 668
71 584
45 713

Estimated living cost  is ₽38253 per week

₽24820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽9348
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
₽56079
₽57217
₽61601
₽58134
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
121 500
income
-
-
-
20 539
social contributions
-
-
-
13 527
health
-
-
-
3 099
total
-
-
-
37 165
Employee
64 290
64 290
112 226
-
income
6 751
5 951
19 925
-
social contributions
3 124
5 336
7 197
-
health
639
1 093
1 907
-
total
10 514
12 380
29 029
-
Employer
64 290
64 290
112 226
-
social contributions
3 124
5 336
7 197
-
health
697
1 190
2 077
-
total
3 821
6 526
9 274
-
Corporate
80 047
50 684
-
-
income
10 005
6 335
-
-
total
10 005
6 335
-
-
Dividends
70 042
44 349
-
-
withholding
11 908
7 540
-
-
total
11 908
7 540
-
-
Income
121 500
121 500
121 500
121 500
Total tax
36 248
32 781
38 303
37 165
After tax
85 252
88 719
83 197
84 335
Living cost
27 118
27 118
27 118
27 118
Free-cash
58 134
61 601
56 079
57 217

Estimated living cost  is ₽27118 per week

₽18538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6007
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
₽40764
₽51887
₽51588
₽56039
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
-
-
-
121 500
income
-
-
-
32 328
pensions
-
-
-
6 906
total
-
-
-
39 234
Employee
41 700
-
106 345
-
income
7 594
-
24 912
-
health
544
-
1 630
-
pensions
3 183
-
8 661
-
total
11 321
-
35 203
-
Employer
41 700
-
106 345
-
pensions
4 213
-
13 133
-
health
793
-
2 021
-
total
5 006
-
15 154
-
Corporate
74 795
121 500
-
-
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.

14 211
23 084
-
-
total
14 211
23 084
-
-
Dividends
60 583
98 416
-
-
withholding
4 544
16 449
-
-
total
4 544
16 449
-
-
Income
121 500
121 500
121 500
121 500
Total tax
35 082
39 533
50 357
39 234
After tax
86 418
81 967
71 143
82 266
Living cost
30 379
30 379
30 379
30 379
Free-cash
56 039
51 588
40 764
51 887

Estimated living cost  is ₽30379 per week

₽20840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
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.
₽6364
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
₽19344
₽24830
₽30692
₽26887
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
-
-
-
121 500
municipal
-
-
-
812
regional
-
-
-
2 755
national
-
-
-
28 546
social contributions
-
-
-
31 250
total
-
-
-
63 363
Employee
70 453
-
121 500
-
regional
1 064
-
2 393
-
social contributions
23 756
-
40 969
-
national
11 906
-
24 762
-
municipal
420
-
725
-
total
37 146
-
68 849
-
Employer
70 453
-
121 500
-
total
-
-
-
-
Corporate
51 047
121 500
-
-
nationa
12 252
29 160
-
-
municipal
2 461
5 856
-
-
total
14 713
35 016
-
-
Dividends
36 334
86 484
-
-
withholding
9 447
22 485
-
-
total
9 447
22 485
-
-
Income
121 500
121 500
121 500
121 500
Total tax
61 306
57 501
68 849
63 363
After tax
60 194
63 999
52 651
58 137
Living cost
33 307
33 307
33 307
33 307
Free-cash
26 887
30 692
19 344
24 830

Estimated living cost  is ₽33307 per week

₽23396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
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.
₽7116
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
₽47875
₽65649
-₽7633
₽7162
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
-
-
-
121 500
income
-
-
-
32 844
health
-
-
-
1 732
accident
-
-
-
201
pensions
-
-
-
3 305
other
-
-
-
294
total
-
-
-
38 376
Employee
27 489
-
108 288
-
income
3 771
-
24 479
-
health
3 148
-
12 399
-
pensions
3 095
-
6 060
-
total
10 014
-
42 938
-
Employer
27 489
-
108 288
-
unemployment
673
-
2 653
-
pensions
4 470
-
8 751
-
accident
459
-
1 808
-
total
5 602
-
13 212
-
Corporate
88 408
121 500
-
-
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.

79 567
109 350
-
-
total
79 567
109 350
-
-
Dividends
8 841
12 150
-
-
withholding
1 680
2 308
-
-
total
1 680
2 308
-
-
Income
121 500
121 500
121 500
121 500
Total tax
96 863
111 658
56 150
38 376
After tax
24 637
9 842
65 350
83 124
Living cost
17 475
17 475
17 475
17 475
Free-cash
7 162
-7 633
47 875
65 649

Estimated living cost  is ₽17475 per week

₽12808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3335
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
₽46901
₽35044
₽30292
₽41231
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.

-
-
-
121 500
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.

-
-
-
34 699
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.

-
-
-
5 712
trade
-
-
-
11 857
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.

-
-
-
1 909
total
-
-
-
54 177
Employee

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

41 600
-
121 500
-
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.

3 421
-
34 699
-
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.

5 712
-
5 712
-
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.

189
-
1 909
-
total
9 322
-
42 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 900
121 500
-
-
chamber of commerce
244
305
-
-
income
11 985
18 225
-
-
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.

658
1 003
-
-
trade
11 466
17 435
-
-
total
24 353
36 968
-
-
Dividends
55 546
84 532
-
-
withholding
13 569
20 815
-
-
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.

746
1 146
-
-
total
14 315
21 961
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 990
58 929
42 320
54 177
After tax
73 510
62 571
79 180
67 323
Living cost
32 279
32 279
32 279
32 279
Free-cash
41 231
30 292
46 901
35 044

Estimated living cost  is ₽32279 per week

₽22266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽6070
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
₽57042
₽21466
₽79805
₽72948
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.

-
-
-
121 500
microenterprise
-
-
-
-
income
-
-
-
19 624
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.

-
-
-
32 034
surtax
-
-
-
30 982
total
-
-
-
82 640
Employee
24 431
-
86 422
-
income
4 349
-
16 738
-
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.

2 688
-
9 507
-
surtax
-
-
-
-
total
7 037
-
26 245
-
Employer
24 431
-
86 422
-
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.

5 885
-
20 819
-
surtax
-
-
-
-
total
5 885
-
20 819
-
Corporate
91 185
121 500
-
-
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%.

18 236
24 301
-
-
total
18 236
24 301
-
-
Dividends

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

72 948
97 199
-
-
total
-
-
-
-
Income
121 500
121 500
121 500
121 500
Total tax
31 158
24 301
47 064
82 640
After tax
90 342
97 199
74 436
38 860
Living cost
17 394
17 394
17 394
17 394
Free-cash
72 948
79 805
57 042
21 466

Estimated living cost  is ₽17394 per week

₽11097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
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
₽61051
₽61820
₽65008
₽63233
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
-
-
-
121 500
income
-
-
-
35 273
health
-
-
-
5 716
pensions
-
-
-
7 883
total
-
-
-
48 872
Employee
16 461
-
112 631
-
income
3 184
-
34 859
-
health
823
-
1 971
-
unemployment
165
-
394
-
pensions
1 481
-
3 548
-
total
5 653
-
40 772
-
Employer
16 461
-
112 631
-
unemployment
329
-
788
-
pensions
1 811
-
4 336
-
health
1 564
-
3 745
-
total
3 704
-
8 869
-
Corporate
101 335
121 500
-
-
income
22 294
26 730
-
-
total
22 294
26 730
-
-
Dividends
79 041
94 770
-
-
withholding
15 808
18 954
-
-
total
15 808
18 954
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 459
45 684
49 641
48 872
After tax
74 041
75 816
71 859
72 628
Living cost
10 808
10 808
10 808
10 808
Free-cash
63 233
65 008
61 051
61 820

Estimated living cost  is ₽10808 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
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.
₽3261
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
₽35581
₽38877
₽57646
₽54985
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
-
-
-
121 500
income
-
-
-
29 241
health
-
-
-
7 922
unemployment
-
-
-
190
surtax
-
-
-
4 174
pensions
-
-
-
22 317
other
-
-
-
-
total
-
-
-
63 844
Employee
28 156
-
100 373
-
other
-
-
-
-
income
4 720
-
26 119
-
health
719
-
2 559
-
unemployment
1 959
-
6 986
-
surtax
100
-
3 654
-
pensions
1 879
-
6 695
-
total
9 377
-
46 013
-
Employer
28 156
-
100 373
-
unemployment
893
-
3 181
-
pensions
3 754
-
13 380
-
other
-
-
-
-
health
1 280
-
4 566
-
total
5 927
-
21 127
-
Corporate
87 416
121 500
-
-
income
22 728
31 589
-
-
total
22 728
31 589
-
-
Dividends
64 688
89 911
-
-
withholding
9 704
13 486
-
-
total
9 704
13 486
-
-
Income
121 500
121 500
121 500
121 500
Total tax
47 736
45 075
67 140
63 844
After tax
73 764
76 425
54 360
57 656
Living cost
18 779
18 779
18 779
18 779
Free-cash
54 985
57 646
35 581
38 877

Estimated living cost  is ₽18779 per week

₽11338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽5374
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
₽5337
₽35518
₽40886
₽40474
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
-
-
-
121 500
income
-
-
-
28 153
chamber of commerce
-
-
-