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
₽ 123500
per

Your estimated
City
free-cash

Valencia , Spain
₽57303
₽44501
₽47807
₽60832
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
-
-
-
123 500
unemployment
-
-
-
512
income
-
-
-
32 104
other
-
-
-
73
accident
-
-
-
658
pensions
-
-
-
20 673
total
-
-
-
54 020
Employee
29 143
-
100 211
-
unemployment
452
-
1 132
-
pensions
1 370
-
3 434
-
income
5 619
-
29 398
-
other
28
-
73
-
total
7 469
-
34 037
-
Employer
29 143
-
100 211
-
pensions
6 877
-
17 241
-
accident
577
-
1 446
-
unemployment
1 603
-
4 017
-
other
233
-
585
-
total
9 290
-
23 289
-
Corporate
85 066
123 500
-
-
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.

12 760
18 525
-
-
total
12 760
18 525
-
-
Dividends
72 306
104 975
-
-
withholding
15 005
22 470
-
-
total
15 005
22 470
-
-
Income
123 500
123 500
123 500
123 500
Total tax
44 524
40 995
57 326
54 020
After tax
78 976
82 505
66 174
69 480
Living cost
21 673
21 673
21 673
21 673
Free-cash
57 303
60 832
44 501
47 807

Estimated living cost  is ₽21673 per week

₽14629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2083
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.
₽4581
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
₽64413
₽49357
₽45160
₽69735
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
-
-
-
123 500
pensions

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

-
-
-
28 765
income
-
-
-
17 607
other
-
-
-
5 693
health
-
-
-
5 274
total
-
-
-
57 339
Employee
28 617
-
98 640
-
health
401
-
1 381
-
unemployment
286
-
987
-
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.

2 003
-
6 906
-
income
4 927
-
19 007
-
total
7 617
-
28 281
-
Employer
28 617
-
98 640
-
health
401
-
1 381
-
pensions

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

4 865
-
16 770
-
accident
229
-
790
-
unemployment
286
-
987
-
other
1 431
-
4 933
-
total
7 212
-
24 861
-
Corporate
87 671
123 500
-
-
income
18 410
25 935
-
-
total
18 410
25 935
-
-
Dividends
69 260
97 565
-
-
withholding
4 847
6 829
-
-
total
4 847
6 829
-
-
Income
123 500
123 500
123 500
123 500
Total tax
38 086
32 764
53 142
57 339
After tax
85 414
90 736
70 358
66 161
Living cost
21 001
21 001
21 001
21 001
Free-cash
64 413
69 735
49 357
45 160

Estimated living cost  is ₽21001 per week

₽14839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
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.
₽4406
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
₽91569
₽91931
₽87256
₽95238
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
-
-
-
123 500
pensions

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

-
-
-
4 083
unemployment
-
-
-
110
income
-
-
-
18 525
health
-
-
-
3 172
total
-
-
-
25 890
Employee
13 710
-
118 088
-
health
631
-
1 269
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
pensions

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

1 204
-
2 422
-
income
1 371
-
11 809
-
total
3 357
-
15 803
-
Employer
13 710
-
118 088
-
health
946
-
1 903
-
pensions

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

1 511
-
3 040
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
unemployment
82
-
166
-
total
2 690
-
5 412
-
Corporate
107 100
123 500
-
-
income
10 710
12 350
-
-
total
10 710
12 350
-
-
Dividends
96 390
111 150
-
-
withholding
4 820
5 558
-
-
total
4 820
5 558
-
-
Income
123 500
123 500
123 500
123 500
Total tax
21 577
17 908
21 215
25 890
After tax
101 923
105 592
102 285
97 610
Living cost
10 354
10 354
10 354
10 354
Free-cash
91 569
95 238
91 931
87 256

Estimated living cost  is ₽10354 per week

₽6045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽274
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.
₽3296
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
₽39933
₽42615
₽42879
₽35278
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
-
-
-
123 500
income
-
-
-
18 082
other
-
-
-
3 829
health
-
-
-
4 744
social contributions
-
-
-
3 519
pensions
-
-
-
23 482
surtax
-
-
-
-
total
-
-
-
53 656
Employee
33 732
-
96 554
-
pensions
3 814
-
6 310
-
income
1 991
-
17 912
-
social contributions
962
-
2 751
-
surtax
-
-
-
-
total
6 767
-
26 973
-
Employer
33 732
-
96 554
-
health
2 362
-
8 456
-
social contributions
102
-
290
-
pensions
5 541
-
10 696
-
unemployment
1 366
-
3 910
-
other
1 164
-
3 595
-
total
10 535
-
26 947
-
Corporate
79 234
123 500
-
-
income
22 185
34 580
-
-
surtax
-
-
-
-
total
22 185
34 580
-
-
Dividends
57 049
88 920
-
-
social contributions
9 813
15 295
-
-
surtax
-
-
-
-
withholding
7 302
11 382
-
-
total
17 115
26 677
-
-
Income
123 500
123 500
123 500
123 500
Total tax
56 602
61 257
53 920
53 656
After tax
66 898
62 243
69 580
69 844
Living cost
26 966
26 966
26 966
26 966
Free-cash
39 933
35 278
42 615
42 879

Estimated living cost  is ₽26966 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽7312
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
₽23071
₽42477
₽36233
₽27900
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
-
-
-
123 500
pensions
-
-
-
9 234
income
-
-
-
35 297
health
-
-
-
9 719
total
-
-
-
54 250
Employee
67 306
67 306
108 853
-
health
10 331
8 787
9 719
-
pensions
12 115
9 234
9 234
-
income

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

11 017
11 017
14 405
-
total
33 463
29 038
33 358
-
Employer
67 306
67 306
108 853
-
health
4 678
4 678
5 814
-
pensions
4 684
4 684
5 823
-
unemployment
2 423
2 423
3 011
-
total
11 785
11 785
14 648
-
Corporate
45 234
44 409
-
-
income
9 047
8 881
-
-
total
9 047
8 881
-
-
Dividends
36 187
35 527
-
-
income
7 689
7 550
-
-
withholding
5 428
5 329
-
-
total
13 117
12 879
-
-
Income
123 500
123 500
123 500
123 500
Total tax
67 412
62 583
48 006
54 250
After tax
56 088
60 917
75 494
69 250
Living cost
33 017
33 017
33 017
33 017
Free-cash
23 071
27 900
42 477
36 233

Estimated living cost  is ₽33017 per week

₽23398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
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.
₽6117
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
₽47159
₽55762
₽42083
₽38440
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.

-
-
-
123 500
trade
-
-
-
13 679
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.

-
-
-
36 475
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.

-
-
-
5 384
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.

-
-
-
2 006
total
-
-
-
57 544
Employee

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

30 146
-
123 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 384
-
5 384
-
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.

842
-
36 475
-
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.

46
-
2 006
-
total
6 272
-
43 865
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 354
123 500
-
-
income
14 003
18 525
-
-
trade
14 704
19 451
-
-
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.

770
1 019
-
-
chamber of commerce
254
298
-
-
total
29 731
39 293
-
-
Dividends
63 623
84 207
-
-
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.

859
1 141
-
-
withholding
15 606
20 753
-
-
total
16 465
21 894
-
-
Income
123 500
123 500
123 500
123 500
Total tax
52 468
61 187
43 865
57 544
After tax
71 032
62 313
79 635
65 956
Living cost
23 873
23 873
23 873
23 873
Free-cash
47 159
38 440
55 762
42 083

Estimated living cost  is ₽23873 per week

₽15017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5627
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
₽67608
₽65805
₽66931
₽71896
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
-
-
-
123 500
income
-
-
-
22 419
health
-
-
-
3 150
social contributions
-
-
-
12 752
total
-
-
-
38 321
Employee
60 606
60 606
114 596
-
health
470
1 031
1 949
-
income
6 599
5 610
21 811
-
social contributions
2 291
5 030
6 784
-
total
9 360
11 671
30 544
-
Employer
60 606
60 606
114 596
-
health
510
1 122
2 119
-
social contributions
2 291
5 030
6 784
-
total
2 801
6 152
8 903
-
Corporate
93 091
56 743
-
-
income
11 636
7 093
-
-
total
11 636
7 093
-
-
Dividends
81 454
49 650
-
-
withholding
13 847
8 440
-
-
total
13 847
8 440
-
-
Income
123 500
123 500
123 500
123 500
Total tax
37 644
33 356
39 447
38 321
After tax
85 856
90 144
84 053
85 179
Living cost
18 248
18 248
18 248
18 248
Free-cash
67 608
71 896
65 805
66 931

Estimated living cost  is ₽18248 per week

₽10936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5118
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
₽44732
₽33038
₽41968
₽45524
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.

-
-
-
123 500
income
-
-
-
13 893
social contributions

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

-
-
-
42 917
surtax
-
-
-
-
total
-
-
-
56 810
Employee
36 249
-
99 798
-
income
7 540
-
31 060
-
social contributions
3 987
-
10 978
-
surtax
-
-
-
-
total
11 527
-
42 038
-
Employer
36 249
-
99 798
-
social contributions
8 609
-
23 702
-
total
8 609
-
23 702
-
Corporate
78 642
123 500
-
-
income
16 515
25 935
-
-
surtax
-
-
-
-
total
16 515
25 935
-
-
Dividends
62 126
97 565
-
-
withholding
17 395
27 319
-
-
total
17 395
27 319
-
-
Income
123 500
123 500
123 500
123 500
Total tax
54 046
53 254
65 740
56 810
After tax
69 454
70 246
57 760
66 690
Living cost
24 722
24 722
24 722
24 722
Free-cash
44 732
45 524
33 038
41 968

Estimated living cost  is ₽24722 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4354
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
₽110228
₽92824
₽116289
₽111349
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%.

-
-
-
123 500
microenterprise

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

-
-
-
1 235
total
-
-
-
1 235
Employee
7 469
-
123 500
-
income
1 494
-
24 700
-
total
1 494
-
24 700
-
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%.

116 031
123 500
-
-
total
-
-
-
-
Dividends
116 031
123 500
-
-
withholding
5 802
6 175
-
-
total
5 802
6 175
-
-
Income
123 500
123 500
123 500
123 500
Total tax
7 296
6 175
24 700
1 235
After tax
116 204
117 325
98 800
122 265
Living cost
5 976
5 976
5 976
5 976
Free-cash
110 228
111 349
92 824
116 289

Estimated living cost  is ₽5976 per week

₽3703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽164
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.
₽1611
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
₽57299
₽36685
₽39957
₽63889
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.

-
-
-
123 500
pensions
-
-
-
22 555
unemployment
-
-
-
185
income
-
-
-
27 511
health
-
-
-
12 152
total
-
-
-
62 403
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.

34 853
-
106 862
-
health
2 251
-
6 903
-
unemployment
49
-
150
-
pensions
5 402
-
16 563
-
income
6 010
-
25 422
-
total
13 712
-
49 038
-
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.

34 853
-
106 862
-
health
2 321
-
7 116
-
pensions
3 084
-
9 457
-
unemployment
21
-
64
-
total
5 426
-
16 637
-
Corporate
83 221
123 500
-
-
income
15 812
23 466
-
-
total
15 812
23 466
-
-
Dividends
67 409
100 034
-
-
withholding
10 111
15 005
-
-
total
10 111
15 005
-
-
Income
123 500
123 500
123 500
123 500
Total tax
45 061
38 471
65 675
62 403
After tax
78 439
85 029
57 825
61 097
Living cost
21 140
21 140
21 140
21 140
Free-cash
57 299
63 889
36 685
39 957

Estimated living cost  is ₽21140 per week

₽14508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4868
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
₽50255
₽60135
₽67498
₽47501
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.

-
-
-
123 500
income
-
-
-
22 435
health

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

-
-
-
4 957
total
-
-
-
27 392
Employee
36 156
-
119 874
-
social contributions
3 623
-
3 626
-
income
3 923
-
27 503
-
total
7 546
-
31 129
-
Employer
36 156
-
119 874
-
social contributions
3 623
-
3 626
-
total
3 623
-
3 626
-
Corporate
83 721
123 500
-
-
income
29 302
43 225
-
-
total
29 302
43 225
-
-
Dividends
54 420
80 275
-
-
social contributions
4 164
4 164
-
-
total
4 164
4 164
-
-
Income
123 500
123 500
123 500
123 500
Total tax
44 635
47 389
34 755
27 392
After tax
78 865
76 111
88 745
96 108
Living cost
28 610
28 610
28 610
28 610
Free-cash
50 255
47 501
60 135
67 498

Estimated living cost  is ₽28610 per week

₽18846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2255
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.
₽7070
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
₽59042
₽60503
₽62599
₽58633
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
-
-
-
123 500
income
-
-
-
18 525
health
-
-
-
8 620
social contributions
-
-
-
17 043
total
-
-
-
44 188
Employee
26 723
-
123 500
-
health
1 865
-
8 620
-
income
4 457
-
20 621
-
social contributions
3 688
-
17 043
-
total
10 010
-
46 284
-
Employer
26 723
-
123 500
-
total
-
-
-
-
Corporate
96 777
123 500
-
-
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%.

4 839
6 176
-
-
total
4 839
6 176
-
-
Dividends
91 938
117 324
-
-
social contributions
12 688
16 191
-
-
withholding
13 790
17 598
-
-
health
6 418
8 189
-
-
total
32 896
41 978
-
-
Income
123 500
123 500
123 500
123 500
Total tax
47 745
48 154
46 284
44 188
After tax
75 755
75 346
77 216
79 312
Living cost
16 713
16 713
16 713
16 713
Free-cash
59 042
58 633
60 503
62 599

Estimated living cost  is ₽16713 per week

₽11185
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.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4112
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
₽55065
₽41446
₽46795
₽62944
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
-
-
-
123 500
income
-
-
-
12 156
health
-
-
-
16 673
social contributions
-
-
-
25 790
solidarity contribution
-
-
-
-
total
-
-
-
54 619
Employee
32 479
-
93 045
-
health
4 385
-
12 561
-
solidarity contribution
-
-
-
-
income
3 897
-
11 211
-
social contributions
2 111
-
5 741
-
total
10 393
-
29 513
-
Employer
32 479
-
93 045
-
health
2 923
-
8 374
-
social contributions
8 120
-
22 081
-
total
11 043
-
30 455
-
Corporate
79 978
123 500
-
-
income
15 196
23 465
-
-
total
15 196
23 465
-
-
Dividends
64 782
100 035
-
-
withholding
9 717
15 005
-
-
total
9 717
15 005
-
-
Income
123 500
123 500
123 500
123 500
Total tax
46 349
38 470
59 968
54 619
After tax
77 151
85 030
63 532
68 881
Living cost
22 086
22 086
22 086
22 086
Free-cash
55 065
62 944
41 446
46 795

Estimated living cost  is ₽22086 per week

₽16424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
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
₽106267
₽89488
₽112953
₽108013
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%.

-
-
-
123 500
microenterprise

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

-
-
-
1 235
total
-
-
-
1 235
Employee
11 640
-
123 500
-
income
2 328
-
24 700
-
total
2 328
-
24 700
-
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%.

111 860
123 500
-
-
total
-
-
-
-
Dividends
111 860
123 500
-
-
withholding
5 593
6 175
-
-
total
5 593
6 175
-
-
Income
123 500
123 500
123 500
123 500
Total tax
7 921
6 175
24 700
1 235
After tax
115 579
117 325
98 800
122 265
Living cost
9 312
9 312
9 312
9 312
Free-cash
106 267
108 013
89 488
112 953

Estimated living cost  is ₽9312 per week

₽6302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽312
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.
₽2307
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
₽29596
₽31513
₽31777
₽24176
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
-
-
-
123 500
income
-
-
-
18 082
other
-
-
-
3 829
health
-
-
-
4 744
social contributions
-
-
-
3 519
pensions
-
-
-
23 482
surtax
-
-
-
-
total
-
-
-
53 656
Employee
49 364
-
96 554
-
pensions
5 583
-
6 310
-
income
4 307
-
17 912
-
social contributions
1 406
-
2 751
-
surtax
-
-
-
-
total
11 296
-
26 973
-
Employer
49 364
-
96 554
-
health
3 455
-
8 456
-
social contributions
148
-
290
-
pensions
8 111
-
10 696
-
unemployment
2 000
-
3 910
-
other
1 704
-
3 595
-
total
15 418
-
26 947
-
Corporate
58 719
123 500
-
-
income
16 442
34 580
-
-
surtax
-
-
-
-
total
16 442
34 580
-
-
Dividends
42 277
88 920
-
-
social contributions
7 270
15 295
-
-
surtax
-
-
-
-
withholding
5 411
11 382
-
-
total
12 681
26 677
-
-
Income
123 500
123 500
123 500
123 500
Total tax
55 837
61 257
53 920
53 656
After tax
67 663
62 243
69 580
69 844
Living cost
38 067
38 067
38 067
38 067
Free-cash
29 596
24 176
31 513
31 777

Estimated living cost  is ₽38067 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽8667
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
₽71781
₽60385
₽60384
₽75647
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.

-
-
-
123 500
pensions
-
-
-
15 091
unemployment
-
-
-
871
income
-
-
-
27 594
health
-
-
-
5 978
total
-
-
-
49 534
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

20 481
-
113 111
-
health
1 055
-
2 989
-
unemployment
154
-
435
-
pensions
2 867
-
8 126
-
income
2 823
-
27 594
-
total
6 899
-
39 144
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

20 481
-
113 111
-
health
1 055
-
2 989
-
pensions
2 458
-
6 965
-
unemployment
154
-
435
-
total
3 667
-
10 389
-
Corporate
99 353
123 500
-
-
income
14 903
18 525
-
-
total
14 903
18 525
-
-
Dividends
84 450
104 975
-
-
withholding
12 668
15 746
-
-
total
12 668
15 746
-
-
Income
123 500
123 500
123 500
123 500
Total tax
38 137
34 271
49 533
49 534
After tax
85 363
89 229
73 967
73 966
Living cost
13 582
13 582
13 582
13 582
Free-cash
71 781
75 647
60 385
60 384

Estimated living cost  is ₽13582 per week

₽9145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽2994
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
₽25810
₽40661
₽46278
₽2877
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
-
-
-
123 500
pensions
-
-
-
11 362
city
-
-
-
1 302
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.

-
-
-
2 470
health
-
-
-
278
regional
-
-
-
6 123
national
-
-
-
2 091
total
-
-
-
23 626
Employee
62 722
-
110 538
-
health
142
-
249
-
unemployment
-
-
-
-
city
673
-
1 188
-
pensions
5 269
-
9 286
-
regional
2 054
-
5 265
-
national
297
-
1 509
-
total
8 435
-
17 497
-
Employer
62 722
-
110 538
-
health
142
-
249
-
pensions
5 269
-
9 286
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 254
-
2 211
-
total
6 665
-
11 746
-
Corporate
53 423
123 500
-
-
regional
11 299
26 120
-
-
national
4 541
10 498
-
-
total
15 840
36 618
-
-
Dividends
37 583
86 882
-
-
withholding
13 154
30 409
-
-
total
13 154
30 409
-
-
Income
123 500
123 500
123 500
123 500
Total tax
44 094
67 027
29 243
23 626
After tax
79 406
56 473
94 257
99 874
Living cost
53 596
53 596
53 596
53 596
Free-cash
25 810
2 877
40 661
46 278

Estimated living cost  is ₽53596 per week

₽34853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
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.
₽13275
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
₽49694
₽35502
₽51625
₽48081
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

-
-
-
123 500
municipal
-
-
-
21 946
health
-
-
-
1 573
national
-
-
-
18 097
total
-
-
-
41 616
Employee
41 467
-
103 895
-
health
310
-
1 271
-
unemployment
622
-
1 558
-
pensions
2 798
-
7 013
-
national
685
-
11 362
-
municipal
6 792
-
16 930
-
total
11 207
-
38 134
-
Employer
41 467
-
103 895
-
health
319
-
800
-
pensions
7 194
-
18 026
-
accident
42
-
103
-
unemployment
269
-
676
-
total
7 824
-
19 605
-
Corporate
74 209
123 500
-
-
income
14 842
24 700
-
-
total
14 842
24 700
-
-
Dividends

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

44 526
74 100
-
-
municipal
8 015
13 338
-
-
national
1 659
7 122
-
-
total
9 674
20 460
-
-
Income
123 500
123 500
123 500
123 500
Total tax
43 547
45 160
57 739
41 616
After tax
79 953
78 340
65 761
81 884
Living cost
30 260
30 260
30 260
30 260
Free-cash
49 694
48 081
35 502
51 625

Estimated living cost  is ₽30260 per week

₽19765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7103
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
₽28541
₽15597
₽24897
₽40364
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
-
-
-
123 500
communal

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

-
-
-
6 256
social contributions
-
-
-
19 218
national
-
-
-
44 392
total
-
-
-
69 866
Employee

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

56 377
-
95 655
-
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.

2 649
-
4 495
-
communal

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

2 941
-
4 990
-
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.

491
-
832
-
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.

4 228
-
7 175
-
national
17 333
-
33 828
-
total
27 642
-
51 320
-
Employer

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

56 377
-
95 655
-
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.

3 467
-
5 883
-
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.

4 996
-
8 475
-
surtax
6 393
-
10 847
-
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.

733
-
1 244
-
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.

823
-
1 397
-
total
16 412
-
27 846
-
Corporate
50 712
123 500
-
-
income
10 142
24 700
-
-
surtax
203
494
-
-
total
10 345
25 194
-
-
Dividends
40 366
98 307
-
-
withholding

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

11 823
29 205
-
-
total
11 823
29 205
-
-
Income
123 500
123 500
123 500
123 500
Total tax
66 222
54 399
79 166
69 866
After tax
57 278
69 101
44 334
53 634
Living cost
28 737
28 737
28 737
28 737
Free-cash
28 541
40 364
15 597
24 897

Estimated living cost  is ₽28737 per week

₽18511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7265
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
₽32543
₽30140
₽30967
₽33310
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
-
-
-
123 500
unemployment
-
-
-
75
municipal
-
-
-
30 368
other
-
-
-
8 690
health
-
-
-
4 666
national
-
-
-
6 379
accident
-
-
-
150
pensions
-
-
-
8 084
total
-
-
-
58 412
Employee
48 619
-
100 004
-
national
-
-
5 921
-
municipal
14 498
-
29 821
-
total
14 498
-
35 742
-
Employer
48 619
-
100 004
-
health
2 990
-
4 599
-
pensions
5 256
-
8 084
-
accident
97
-
150
-
unemployment
1 284
-
1 974
-
other
5 650
-
8 690
-
total
15 277
-
23 497
-
Corporate
59 605
123 500
-
-
income
13 113
27 170
-
-
total
13 113
27 170
-
-
Dividends
46 492
96 330
-
-
withholding
13 948
28 899
-
-
total
13 948
28 899
-
-
Income
123 500
123 500
123 500
123 500
Total tax
56 836
56 069
59 239
58 412
After tax
66 664
67 431
64 261
65 088
Living cost
34 121
34 121
34 121
34 121
Free-cash
32 543
33 310
30 140
30 967

Estimated living cost  is ₽34121 per week

₽22614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
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.
₽7641
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
-₽7568
₽74006
₽47419
₽37208
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
-
-
-
123 500
income
-
-
-
24 073
social contributions
-
-
-
14 079
total
-
-
-
38 152
Employee
54 385
-
-
-
income
11 996
-
-
-
social contributions
4 460
-
636
-
total
16 456
-
636
-
Employer
54 385
-
-
-
social contributions
76 683
-
10 929
-
total
76 683
-
10 929
-
Corporate
-
123 500
-
-
income
-
27 170
-
-
total
-
27 170
-
-
Dividends
-
96 330
-
-
income
-
21 193
-
-
total
-
21 193
-
-
Income
123 500
123 500
123 500
123 500
Total tax
93 139
48 363
11 565
38 152
After tax
30 361
75 137
111 935
85 348
Living cost
37 929
37 929
37 929
37 929
Free-cash
-7 568
37 208
74 006
47 419

Estimated living cost  is ₽37929 per week

₽24610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
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.
₽9268
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
₽61310
₽58489
₽59615
₽64580
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
-
-
-
123 500
income
-
-
-
22 419
health
-
-
-
3 150
social contributions
-
-
-
12 752
total
-
-
-
38 321
Employee
60 606
60 606
114 596
-
health
603
1 031
1 949
-
income
6 364
5 610
21 811
-
social contributions
2 945
5 030
6 784
-
total
9 912
11 671
30 544
-
Employer
60 606
60 606
114 596
-
health
657
1 122
2 119
-
social contributions
2 945
5 030
6 784
-
total
3 602
6 152
8 903
-
Corporate
84 423
56 743
-
-
income
10 554
7 093
-
-
total
10 554
7 093
-
-
Dividends
73 869
49 650
-
-
withholding
12 558
8 440
-
-
total
12 558
8 440
-
-
Income
123 500
123 500
123 500
123 500
Total tax
36 626
33 356
39 447
38 321
After tax
86 874
90 144
84 053
85 179
Living cost
25 564
25 564
25 564
25 564
Free-cash
61 310
64 580
58 489
59 615

Estimated living cost  is ₽25564 per week

₽17476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽5663
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
₽58254
₽43258
₽54495
₽53768
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
-
-
-
123 500
income
-
-
-
34 231
pensions
-
-
-
6 619
total
-
-
-
40 850
Employee
38 647
-
107 977
-
health
504
-
1 605
-
pensions
2 950
-
8 215
-
income
7 038
-
26 743
-
total
10 492
-
36 563
-
Employer
38 647
-
107 977
-
health
735
-
2 052
-
pensions
3 905
-
13 472
-
total
4 640
-
15 524
-
Corporate
80 214
123 500
-
-
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.

15 241
23 464
-
-
total
15 241
23 464
-
-
Dividends
64 973
100 036
-
-
withholding
6 718
18 113
-
-
total
6 718
18 113
-
-
Income
123 500
123 500
123 500
123 500
Total tax
37 091
41 577
52 087
40 850
After tax
86 409
81 923
71 413
82 650
Living cost
28 155
28 155
28 155
28 155
Free-cash
58 254
53 768
43 258
54 495

Estimated living cost  is ₽28155 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
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.
₽5898
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
₽30068
₽21630
₽27059
₽33654
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
-
-
-
123 500
municipal
-
-
-
826
regional
-
-
-
2 813
social contributions
-
-
-
31 764
national
-
-
-
29 640
total
-
-
-
65 043
Employee
66 415
-
123 500
-
social contributions
22 395
-
41 644
-
regional
1 003
-
2 489
-
national
11 224
-
25 602
-
municipal
396
-
737
-
total
35 018
-
70 472
-
Employer
66 415
-
123 500
-
total
-
-
-
-
Corporate
57 085
123 500
-
-
nationa
13 700
29 640
-
-
municipal
2 752
5 953
-
-
total
16 452
35 593
-
-
Dividends
40 632
87 907
-
-
withholding
10 564
22 855
-
-
total
10 564
22 855
-
-
Income
123 500
123 500
123 500
123 500
Total tax
62 034
58 448
70 472
65 043
After tax
61 466
65 052
53 028
58 457
Living cost
31 398
31 398
31 398
31 398
Free-cash
30 068
33 654
21 630
27 059

Estimated living cost  is ₽31398 per week

₽22055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
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.
₽6708
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
₽7418
₽49830
₽67613
-₽6849
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
-
-
-
123 500
pensions
-
-
-
3 187
income
-
-
-
33 699
other
-
-
-
284
health
-
-
-
1 671
accident
-
-
-
193
total
-
-
-
39 034
Employee
26 510
-
110 508
-
health
3 035
-
12 653
-
pensions
2 985
-
5 844
-
income
3 637
-
25 329
-
total
9 657
-
43 826
-
Employer
26 510
-
110 508
-
pensions
4 311
-
8 439
-
accident
443
-
1 845
-
unemployment
649
-
2 707
-
total
5 403
-
12 991
-
Corporate
91 587
123 500
-
-
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.

82 429
111 150
-
-
total
82 429
111 150
-
-
Dividends
9 159
12 350
-
-
withholding
1 740
2 346
-
-
total
1 740
2 346
-
-
Income
123 500
123 500
123 500
123 500
Total tax
99 229
113 496
56 817
39 034
After tax
24 271
10 004
66 683
84 466
Living cost
16 853
16 853
16 853
16 853
Free-cash
7 418
-6 849
49 830
67 613

Estimated living cost  is ₽16853 per week

₽12352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
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.
₽3216
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
₽43465
₽49206
₽36743
₽33156
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.

-
-
-
123 500
trade
-
-
-
12 463
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.

-
-
-
36 475
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.

-
-
-
5 384
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.

-
-
-
2 006
total
-
-
-
56 328
Employee

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

39 216
-
123 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 384
-
5 384
-
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.

3 225
-
36 475
-
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.

178
-
2 006
-
total
8 787
-
43 865
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 284
123 500
-
-
income
12 643
18 525
-
-
trade
12 094
17 722
-
-
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.

695
1 019
-
-
chamber of commerce
244
301
-
-
total
25 676
37 567
-
-
Dividends
58 608
85 933
-
-
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
1 165
-
-
withholding
14 353
21 183
-
-
total
15 143
22 348
-
-
Income
123 500
123 500
123 500
123 500
Total tax
49 606
59 915
43 865
56 328
After tax
73 894
63 585
79 635
67 172
Living cost
30 429
30 429
30 429
30 429
Free-cash
43 465
33 156
49 206
36 743

Estimated living cost  is ₽30429 per week

₽20990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
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
₽75937
₽58182
₽24850
₽82403
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.

-
-
-
123 500
income
-
-
-
20 562
microenterprise
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
30 198
surtax
-
-
-
31 493
total
-
-
-
82 253
Employee
23 030
-
89 663
-
income
4 100
-
17 457
-
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.

2 534
-
9 863
-
surtax
-
-
-
-
total
6 634
-
27 320
-
Employer
23 030
-
89 663
-
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.

5 547
-
21 601
-
surtax
-
-
-
-
total
5 547
-
21 601
-
Corporate
94 922
123 500
-
-
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%.

18 985
24 700
-
-
total
18 985
24 700
-
-
Dividends

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

75 938
98 800
-
-
total
-
-
-
-
Income
123 500
123 500
123 500
123 500
Total tax
31 166
24 700
48 921
82 253
After tax
92 334
98 800
74 579
41 247
Living cost
16 397
16 397
16 397
16 397
Free-cash
75 937
82 403
58 182
24 850

Estimated living cost  is ₽16397 per week

₽10461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
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.
₽4002
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
₽65708
₽64101
₽64794
₽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
-
-
-
123 500
income
-
-
-
36 681
health
-
-
-
5 158
pensions
-
-
-
7 114
total
-
-
-
48 953
Employee
14 855
-
115 497
-
health
743
-
1 779
-
unemployment
149
-
356
-
pensions
1 337
-
3 201
-
income
2 874
-
36 307
-
total
5 103
-
41 643
-
Employer
14 855
-
115 497
-
health
1 411
-
3 379
-
pensions
1 634
-
3 913
-
unemployment
297
-
711
-
total
3 342
-
8 003
-
Corporate
105 303
123 500
-
-
income
23 167
27 170
-
-
total
23 167
27 170
-
-
Dividends
82 136
96 330
-
-
withholding
16 427
19 266
-
-
total
16 427
19 266
-
-
Income
123 500
123 500
123 500
123 500
Total tax
48 039
46 436
49 646
48 953
After tax
75 461
77 064
73 854
74 547
Living cost
9 753
9 753
9 753
9 753
Free-cash
65 708
67 311
64 101
64 794

Estimated living cost  is ₽9753 per week

₽5796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
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.
₽2943
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
₽57471
₽36489
₽40906
₽59978
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
-
-
-
123 500
pensions
-
-
-
21 038
unemployment
-
-
-
179
income
-
-
-
31 599
other
-
-
-
-
health
-
-
-
7 468
surtax
-
-
-
4 607
total
-
-
-
64 891
Employee
26 542
-
102 024
-
health
678
-
2 602
-
unemployment
1 847
-
7 101
-
pensions
1 771
-
6 805
-
income
4 450
-
27 413
-
other
-
-
-
-
surtax
94
-
3 910
-
total
8 840
-
47 831
-
Employer
26 542
-
102 024
-
health
1 207
-
4 643
-
pensions
3 539
-
13 600
-
unemployment
842
-
3 234
-
other
-
-
-
-
total
5 588
-
21 477
-
Corporate
91 370
123 500
-
-
income
23 756
32 111
-
-
total
23 756
32 111
-
-
Dividends
67 614
91 389
-
-
withholding
10 142
13 708
-
-
total
10 142
13 708
-
-
Income
123 500
123 500
123 500
123 500
Total tax
48 326
45 819
69 308
64 891
After tax
75 174
77 681
54 192
58 609
Living cost
17 703
17 703
17 703
17 703
Free-cash
57 471
59 978
36 489
40 906

Estimated living cost  is ₽17703 per week

₽10688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽5066
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
₽43027
₽7252
₽38354
₽43418
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
-
-
-
123 500
pensions
-
-
-
17 034
chamber of commerce
-
-
-