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
₽ 124500
per

Your estimated
City
free-cash

Valencia , Spain
₽43897
₽47368
₽60504
₽56714
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
-
-
-
124 500
income
-
-
-
31 400
accident
-
-
-
690
unemployment
-
-
-
537
pensions
-
-
-
21 689
other
-
-
-
77
total
-
-
-
54 393
Employee
30 575
-
100 066
-
other
30
-
77
-
income
5 895
-
28 562
-
unemployment
474
-
1 188
-
pensions
1 437
-
3 603
-
total
7 836
-
33 430
-
Employer
30 575
-
100 066
-
unemployment
1 682
-
4 215
-
pensions
7 215
-
18 088
-
other
245
-
614
-
accident
606
-
1 517
-
total
9 748
-
24 434
-
Corporate
84 177
124 500
-
-
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.

12 626
18 675
-
-
total
12 626
18 675
-
-
Dividends
71 551
105 825
-
-
withholding
14 837
22 582
-
-
total
14 837
22 582
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 047
41 257
57 864
54 393
After tax
79 453
83 243
66 636
70 107
Living cost
22 739
22 739
22 739
22 739
Free-cash
56 714
60 504
43 897
47 368

Estimated living cost  is ₽22739 per week

₽15348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽4806
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
₽49034
₽43887
₽69436
₽63850
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
-
-
-
124 500
income
-
-
-
17 308
health
-
-
-
5 478
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.

-
-
-
29 879
other
-
-
-
5 914
total
-
-
-
58 579
Employee
30 024
-
99 441
-
income
5 169
-
19 025
-
health
421
-
1 392
-
unemployment
300
-
995
-
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.

2 101
-
6 961
-
total
7 991
-
28 373
-
Employer
30 024
-
99 441
-
unemployment
300
-
995
-
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.

5 105
-
16 905
-
other
1 502
-
4 971
-
accident
240
-
796
-
health
421
-
1 392
-
total
7 568
-
25 059
-
Corporate
86 909
124 500
-
-
income
18 251
26 144
-
-
total
18 251
26 144
-
-
Dividends
68 658
98 356
-
-
withholding
4 806
6 886
-
-
total
4 806
6 886
-
-
Income
124 500
124 500
124 500
124 500
Total tax
38 616
33 030
53 432
58 579
After tax
85 884
91 470
71 068
65 921
Living cost
22 034
22 034
22 034
22 034
Free-cash
63 850
69 436
49 034
43 887

Estimated living cost  is ₽22034 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
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.
₽4623
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
₽91967
₽87309
₽95627
₽91793
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
-
-
-
124 500
income
-
-
-
18 675
health
-
-
-
3 315
unemployment
-
-
-
115
pensions

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

-
-
-
4 266
total
-
-
-
26 371
Employee
14 327
-
118 845
-
income
1 432
-
11 884
-
health
659
-
1 326
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 258
-
2 531
-
total
3 507
-
16 058
-
Employer
14 327
-
118 845
-
unemployment
86
-
173
-
pensions

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

1 579
-
3 176
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
989
-
1 989
-
total
2 812
-
5 655
-
Corporate
107 362
124 500
-
-
income
10 736
12 450
-
-
total
10 736
12 450
-
-
Dividends
96 626
112 050
-
-
withholding
4 832
5 603
-
-
total
4 832
5 603
-
-
Income
124 500
124 500
124 500
124 500
Total tax
21 887
18 053
21 713
26 371
After tax
102 613
106 447
102 787
98 129
Living cost
10 820
10 820
10 820
10 820
Free-cash
91 793
95 627
91 967
87 309

Estimated living cost  is ₽10820 per week

₽6317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3444
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
₽42494
₽42210
₽34458
₽39342
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
-
-
-
124 500
income
-
-
-
17 771
social contributions
-
-
-
3 548
health
-
-
-
4 604
surtax
-
-
-
-
pensions
-
-
-
24 216
other
-
-
-
3 860
total
-
-
-
53 999
Employee
35 390
-
97 654
-
income
2 089
-
17 835
-
social contributions
1 009
-
2 782
-
surtax
-
-
-
-
pensions
4 001
-
6 252
-
total
7 099
-
26 869
-
Employer
35 390
-
97 654
-
unemployment
1 433
-
3 954
-
social contributions
107
-
293
-
pensions
5 814
-
10 621
-
other
1 221
-
3 580
-
health
2 478
-
8 398
-
total
11 053
-
26 846
-
Corporate
78 058
124 500
-
-
income
21 856
34 860
-
-
surtax
-
-
-
-
total
21 856
34 860
-
-
Dividends
56 202
89 640
-
-
withholding
7 193
11 474
-
-
surtax
-
-
-
-
social contributions
9 666
15 417
-
-
total
16 859
26 891
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 867
61 751
53 715
53 999
After tax
67 633
62 749
70 785
70 501
Living cost
28 291
28 291
28 291
28 291
Free-cash
39 342
34 458
42 494
42 210

Estimated living cost  is ₽28291 per week

₽17839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
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.
₽7672
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
₽40848
₽35566
₽26686
₽21619
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
-
-
-
124 500
income
-
-
-
34 409
health
-
-
-
10 197
pensions
-
-
-
9 688
total
-
-
-
54 294
Employee
70 614
70 614
109 133
-
income

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

11 558
11 558
13 760
-
health
10 838
9 219
10 197
-
pensions
12 711
9 688
9 688
-
total
35 107
30 465
33 645
-
Employer
70 614
70 614
109 133
-
unemployment
2 542
2 542
3 159
-
pensions
4 915
4 915
6 109
-
health
4 908
4 908
6 099
-
total
12 365
12 365
15 367
-
Corporate
42 387
41 521
-
-
income
8 477
8 304
-
-
total
8 477
8 304
-
-
Dividends
33 910
33 217
-
-
withholding
5 086
4 982
-
-
income
7 206
7 058
-
-
total
12 292
12 040
-
-
Income
124 500
124 500
124 500
124 500
Total tax
68 241
63 174
49 012
54 294
After tax
56 259
61 326
75 488
70 206
Living cost
34 640
34 640
34 640
34 640
Free-cash
21 619
26 686
40 848
35 566

Estimated living cost  is ₽34640 per week

₽24549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
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.
₽6418
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
₽55678
₽42125
₽37782
₽46927
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.

-
-
-
124 500
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.

-
-
-
36 139
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.

-
-
-
5 649
trade
-
-
-
13 553
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.

-
-
-
1 988
total
-
-
-
57 329
Employee

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

31 627
-
124 500
-
income

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

883
-
36 139
-
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.

5 649
-
5 649
-
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
-
1 988
-
total
6 581
-
43 776
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
92 873
124 500
-
-
chamber of commerce
259
304
-
-
income
13 931
18 675
-
-
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.

766
1 028
-
-
trade
14 628
19 609
-
-
total
29 584
39 616
-
-
Dividends
63 289
84 884
-
-
withholding
15 508
20 906
-
-
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.

854
1 150
-
-
total
16 362
22 056
-
-
Income
124 500
124 500
124 500
124 500
Total tax
52 527
61 672
43 776
57 329
After tax
71 973
62 828
80 724
67 171
Living cost
25 046
25 046
25 046
25 046
Free-cash
46 927
37 782
55 678
42 125

Estimated living cost  is ₽25046 per week

₽15755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2920
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.
₽5903
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
₽65856
₽67011
₽71748
₽67249
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
-
-
-
124 500
income
-
-
-
21 791
social contributions
-
-
-
13 379
health
-
-
-
3 174
total
-
-
-
38 344
Employee
63 585
63 585
115 250
-
income
6 923
5 886
21 170
-
social contributions
2 404
5 277
7 118
-
health
493
1 081
1 960
-
total
9 820
12 244
30 248
-
Employer
63 585
63 585
115 250
-
social contributions
2 404
5 277
7 118
-
health
535
1 177
2 133
-
total
2 939
6 454
9 251
-
Corporate
92 596
54 461
-
-
income
11 574
6 807
-
-
total
11 574
6 807
-
-
Dividends
81 021
47 654
-
-
withholding
13 773
8 102
-
-
total
13 773
8 102
-
-
Income
124 500
124 500
124 500
124 500
Total tax
38 106
33 607
39 499
38 344
After tax
86 394
90 893
85 001
86 156
Living cost
19 145
19 145
19 145
19 145
Free-cash
67 249
71 748
65 856
67 011

Estimated living cost  is ₽19145 per week

₽11474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5370
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
₽32658
₽41478
₽44880
₽44046
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.

-
-
-
124 500
income
-
-
-
13 821
social contributions

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

-
-
-
43 264
surtax
-
-
-
-
total
-
-
-
57 085
Employee
38 031
-
100 606
-
income
7 911
-
30 945
-
social contributions
4 183
-
11 066
-
surtax
-
-
-
-
total
12 094
-
42 011
-
Employer
38 031
-
100 606
-
social contributions
9 032
-
23 894
-
total
9 032
-
23 894
-
Corporate
77 437
124 500
-
-
income
16 262
26 144
-
-
surtax
-
-
-
-
total
16 262
26 144
-
-
Dividends
61 175
98 356
-
-
withholding
17 129
27 539
-
-
total
17 129
27 539
-
-
Income
124 500
124 500
124 500
124 500
Total tax
54 517
53 683
65 905
57 085
After tax
69 983
70 817
58 595
67 415
Living cost
25 937
25 937
25 937
25 937
Free-cash
44 046
44 880
32 658
41 478

Estimated living cost  is ₽25937 per week

₽19406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4568
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
₽93414
₽117069
₽112089
₽110930
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%.

-
-
-
124 500
microenterprise

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

-
-
-
1 245
total
-
-
-
1 245
Employee
7 732
-
124 500
-
income
1 546
-
24 900
-
total
1 546
-
24 900
-
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%.

116 768
124 500
-
-
total
-
-
-
-
Dividends
116 768
124 500
-
-
withholding
5 838
6 225
-
-
total
5 838
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
7 384
6 225
24 900
1 245
After tax
117 116
118 275
99 600
123 255
Living cost
6 186
6 186
6 186
6 186
Free-cash
110 930
112 089
93 414
117 069

Estimated living cost  is ₽6186 per week

₽3833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽170
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1668
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
₽36404
₽39701
₽63538
₽56621
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.

-
-
-
124 500
income
-
-
-
27 446
health
-
-
-
12 251
unemployment
-
-
-
187
pensions
-
-
-
22 736
total
-
-
-
62 620
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.

36 566
-
107 727
-
income
6 306
-
25 337
-
health
2 362
-
6 959
-
unemployment
52
-
151
-
pensions
5 668
-
16 698
-
total
14 388
-
49 145
-
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.

36 566
-
107 727
-
unemployment
22
-
64
-
pensions
3 236
-
9 534
-
health
2 435
-
7 174
-
total
5 693
-
16 772
-
Corporate
82 241
124 500
-
-
income
15 626
23 656
-
-
total
15 626
23 656
-
-
Dividends
66 615
100 844
-
-
withholding
9 993
15 127
-
-
total
9 993
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 700
38 783
65 917
62 620
After tax
78 800
85 717
58 583
61 880
Living cost
22 179
22 179
22 179
22 179
Free-cash
56 621
63 538
36 404
39 701

Estimated living cost  is ₽22179 per week

₽15221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5108
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
₽59795
₽65514
₽46539
₽49429
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.

-
-
-
124 500
income
-
-
-
23 538
health

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

-
-
-
5 431
total
-
-
-
28 969
Employee
37 933
-
120 696
-
social contributions
3 801
-
3 804
-
income
4 116
-
27 080
-
total
7 917
-
30 884
-
Employer
37 933
-
120 696
-
social contributions
3 801
-
3 804
-
total
3 801
-
3 804
-
Corporate
82 766
124 500
-
-
income
28 967
43 575
-
-
total
28 967
43 575
-
-
Dividends
53 799
80 925
-
-
social contributions
4 369
4 369
-
-
total
4 369
4 369
-
-
Income
124 500
124 500
124 500
124 500
Total tax
45 054
47 944
34 688
28 969
After tax
79 446
76 556
89 812
95 531
Living cost
30 017
30 017
30 017
30 017
Free-cash
49 429
46 539
59 795
65 514

Estimated living cost  is ₽30017 per week

₽19772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7418
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
₽60474
₽62420
₽58423
₽58851
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
-
-
-
124 500
income
-
-
-
18 675
social contributions
-
-
-
17 181
health
-
-
-
8 690
total
-
-
-
44 546
Employee
28 037
-
124 500
-
income
4 676
-
20 621
-
social contributions
3 870
-
17 181
-
health
1 957
-
8 690
-
total
10 503
-
46 492
-
Employer
28 037
-
124 500
-
total
-
-
-
-
Corporate
96 463
124 500
-
-
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%.

4 824
6 225
-
-
total
4 824
6 225
-
-
Dividends
91 639
118 275
-
-
withholding
13 746
17 741
-
-
health
6 396
8 256
-
-
social contributions
12 646
16 321
-
-
total
32 788
42 318
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 115
48 543
46 492
44 546
After tax
76 385
75 957
78 008
79 954
Living cost
17 534
17 534
17 534
17 534
Free-cash
58 851
58 423
60 474
62 420

Estimated living cost  is ₽17534 per week

₽11734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1081
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
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
₽41022
₽46376
₽63053
₽54966
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
-
-
-
124 500
income
-
-
-
12 184
social contributions
-
-
-
26 467
solidarity contribution
-
-
-
-
health
-
-
-
16 808
total
-
-
-
55 459
Employee
33 331
-
93 431
-
solidarity contribution
-
-
-
-
income
4 000
-
11 239
-
social contributions
2 167
-
5 892
-
health
4 500
-
12 613
-
total
10 667
-
29 744
-
Employer
33 331
-
93 431
-
social contributions
8 333
-
22 660
-
health
3 000
-
8 409
-
total
11 333
-
31 069
-
Corporate
79 836
124 500
-
-
income
15 169
23 655
-
-
total
15 169
23 655
-
-
Dividends
64 667
100 845
-
-
withholding
9 700
15 127
-
-
total
9 700
15 127
-
-
Income
124 500
124 500
124 500
124 500
Total tax
46 869
38 782
60 813
55 459
After tax
77 631
85 718
63 687
69 041
Living cost
22 665
22 665
22 665
22 665
Free-cash
54 966
63 053
41 022
46 376

Estimated living cost  is ₽22665 per week

₽16855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4162
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
₽89961
₽113616
₽108636
₽106829
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%.

-
-
-
124 500
microenterprise

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

-
-
-
1 245
total
-
-
-
1 245
Employee
12 049
-
124 500
-
income
2 410
-
24 900
-
total
2 410
-
24 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

112 451
124 500
-
-
total
-
-
-
-
Dividends
112 451
124 500
-
-
withholding
5 622
6 225
-
-
total
5 622
6 225
-
-
Income
124 500
124 500
124 500
124 500
Total tax
8 032
6 225
24 900
1 245
After tax
116 468
118 275
99 600
123 255
Living cost
9 639
9 639
9 639
9 639
Free-cash
106 829
108 636
89 961
113 616

Estimated living cost  is ₽9639 per week

₽6523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2388
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
₽30847
₽30563
₽22811
₽28495
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
-
-
-
124 500
income
-
-
-
17 771
social contributions
-
-
-
3 548
health
-
-
-
4 604
surtax
-
-
-
-
pensions
-
-
-
24 216
other
-
-
-
3 860
total
-
-
-
53 999
Employee
51 790
-
97 654
-
income
4 519
-
17 835
-
social contributions
1 475
-
2 782
-
surtax
-
-
-
-
pensions
5 858
-
6 252
-
total
11 852
-
26 869
-
Employer
51 790
-
97 654
-
unemployment
2 098
-
3 954
-
social contributions
155
-
293
-
pensions
8 510
-
10 621
-
other
1 787
-
3 580
-
health
3 625
-
8 398
-
total
16 175
-
26 846
-
Corporate
56 534
124 500
-
-
income
15 830
34 860
-
-
surtax
-
-
-
-
total
15 830
34 860
-
-
Dividends
40 704
89 640
-
-
withholding
5 210
11 474
-
-
surtax
-
-
-
-
social contributions
7 000
15 417
-
-
total
12 210
26 891
-
-
Income
124 500
124 500
124 500
124 500
Total tax
56 067
61 751
53 715
53 999
After tax
68 433
62 749
70 785
70 501
Living cost
39 938
39 938
39 938
39 938
Free-cash
28 495
22 811
30 847
30 563

Estimated living cost  is ₽39938 per week

₽27029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
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.
₽9094
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
₽59549
₽59549
₽75701
₽71646
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.

-
-
-
124 500
income
-
-
-
27 683
health
-
-
-
6 272
unemployment
-
-
-
913
pensions
-
-
-
15 833
total
-
-
-
50 701
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.

21 488
-
113 600
-
income
2 962
-
27 683
-
health
1 107
-
3 136
-
unemployment
161
-
457
-
pensions
3 008
-
8 525
-
total
7 238
-
39 801
-
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.

21 488
-
113 600
-
unemployment
161
-
457
-
pensions
2 579
-
7 307
-
health
1 107
-
3 136
-
total
3 847
-
10 900
-
Corporate
99 166
124 500
-
-
income
14 875
18 675
-
-
total
14 875
18 675
-
-
Dividends
84 291
105 825
-
-
withholding
12 644
15 874
-
-
total
12 644
15 874
-
-
Income
124 500
124 500
124 500
124 500
Total tax
38 604
34 549
50 701
50 701
After tax
85 896
89 951
73 799
73 799
Living cost
14 250
14 250
14 250
14 250
Free-cash
71 646
75 701
59 549
59 549

Estimated living cost  is ₽14250 per week

₽9595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3141
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
₽37454
₽43412
-₽938
₽23824
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
-
-
-
124 500
regional
-
-
-
5 906
national
-
-
-
1 779
health
-
-
-
279
city
-
-
-
1 312
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.

-
-
-
2 489
pensions
-
-
-
11 455
total
-
-
-
23 220
Employee
67 720
-
111 433
-
regional
2 217
-
5 114
-
city
727
-
1 196
-
health
153
-
251
-
unemployment
-
-
-
-
national
321
-
1 417
-
pensions
5 689
-
9 360
-
total
9 107
-
17 338
-
Employer
67 720
-
111 433
-
unemployment
-
-
-
-
pensions
5 689
-
9 360
-
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.

1 354
-
2 229
-
health
153
-
251
-
total
7 196
-
11 840
-
Corporate
48 839
124 500
-
-
regional
10 329
26 332
-
-
national
4 151
10 582
-
-
total
14 480
36 914
-
-
Dividends
34 358
87 586
-
-
withholding
12 025
30 656
-
-
total
12 025
30 656
-
-
Income
124 500
124 500
124 500
124 500
Total tax
42 808
67 570
29 178
23 220
After tax
81 692
56 930
95 322
101 280
Living cost
57 868
57 868
57 868
57 868
Free-cash
23 824
-938
37 454
43 412

Estimated living cost  is ₽57868 per week

₽37631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽14333
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
₽34908
₽51629
₽47581
₽49151
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

-
-
-
124 500
municipal
-
-
-
22 127
national
-
-
-
17 425
health
-
-
-
1 572
total
-
-
-
41 124
Employee
43 505
-
104 736
-
health
325
-
1 268
-
unemployment
653
-
1 571
-
national
719
-
11 103
-
municipal
7 126
-
17 070
-
pensions
2 936
-
7 069
-
total
11 759
-
38 081
-
Employer
43 505
-
104 736
-
unemployment
282
-
681
-
pensions
7 548
-
18 171
-
accident
44
-
105
-
health
334
-
807
-
total
8 208
-
19 764
-
Corporate
72 787
124 500
-
-
income
14 557
24 900
-
-
total
14 557
24 900
-
-
Dividends

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

43 672
74 700
-
-
national
1 216
6 826
-
-
municipal
7 862
13 446
-
-
total
9 078
20 272
-
-
Income
124 500
124 500
124 500
124 500
Total tax
43 602
45 172
57 845
41 124
After tax
80 898
79 328
66 655
83 376
Living cost
31 747
31 747
31 747
31 747
Free-cash
49 151
47 581
34 908
51 629

Estimated living cost  is ₽31747 per week

₽20737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7452
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
₽14864
₽24206
₽39524
₽27120
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
-
-
-
124 500
national
-
-
-
44 397
social contributions
-
-
-
19 444
communal

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

-
-
-
6 303
total
-
-
-
70 144
Employee

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

59 149
-
96 430
-
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.

2 779
-
4 533
-
communal

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

3 085
-
5 029
-
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.

515
-
840
-
national
18 185
-
33 782
-
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.

4 436
-
7 232
-
total
29 000
-
51 416
-
Employer

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

59 149
-
96 430
-
unemployment

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

863
-
1 408
-
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.

5 241
-
8 544
-
surtax
6 707
-
10 934
-
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.

769
-
1 254
-
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.

3 637
-
5 930
-
total
17 217
-
28 070
-
Corporate
48 134
124 500
-
-
income
9 627
24 900
-
-
surtax
193
497
-
-
total
9 820
25 397
-
-
Dividends
38 314
99 103
-
-
withholding

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

11 193
29 429
-
-
total
11 193
29 429
-
-
Income
124 500
124 500
124 500
124 500
Total tax
67 230
54 826
79 486
70 144
After tax
57 270
69 674
45 014
54 356
Living cost
30 150
30 150
30 150
30 150
Free-cash
27 120
39 524
14 864
24 206

Estimated living cost  is ₽30150 per week

₽19420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7622
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
₽30677
₽31503
₽33970
₽33206
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
-
-
-
124 500
municipal
-
-
-
30 687
national
-
-
-
6 710
health
-
-
-
4 651
accident
-
-
-
149
unemployment
-
-
-
75
pensions
-
-
-
8 057
other
-
-
-
8 661
total
-
-
-
58 990
Employee
48 457
-
101 082
-
national
-
-
6 254
-
municipal
14 450
-
30 143
-
total
14 450
-
36 397
-
Employer
48 457
-
101 082
-
unemployment
1 279
-
1 968
-
pensions
5 238
-
8 057
-
other
5 631
-
8 661
-
accident
97
-
149
-
health
2 980
-
4 584
-
total
15 225
-
23 419
-
Corporate
60 818
124 500
-
-
income
13 380
27 390
-
-
total
13 380
27 390
-
-
Dividends
47 438
97 110
-
-
withholding
14 232
29 133
-
-
total
14 232
29 133
-
-
Income
124 500
124 500
124 500
124 500
Total tax
57 287
56 523
59 816
58 990
After tax
67 213
67 977
64 684
65 510
Living cost
34 007
34 007
34 007
34 007
Free-cash
33 206
33 970
30 677
31 503

Estimated living cost  is ₽34007 per week

₽22538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
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
₽75307
₽48341
₽38047
-₽5773
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
-
-
-
124 500
income
-
-
-
24 267
social contributions
-
-
-
14 193
total
-
-
-
38 460
Employee
54 055
-
-
-
income
11 923
-
-
-
social contributions
4 433
-
632
-
total
16 356
-
632
-
Employer
54 055
-
-
-
social contributions
76 218
-
10 862
-
total
76 218
-
10 862
-
Corporate
-
124 500
-
-
income
-
27 390
-
-
total
-
27 390
-
-
Dividends
-
97 110
-
-
income
-
21 364
-
-
total
-
21 364
-
-
Income
124 500
124 500
124 500
124 500
Total tax
92 574
48 754
11 494
38 460
After tax
31 926
75 746
113 006
86 040
Living cost
37 699
37 699
37 699
37 699
Free-cash
-5 773
38 047
75 307
48 341

Estimated living cost  is ₽37699 per week

₽24461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽9212
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
₽58180
₽59335
₽64072
₽60644
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
-
-
-
124 500
income
-
-
-
21 791
social contributions
-
-
-
13 379
health
-
-
-
3 174
total
-
-
-
38 344
Employee
63 585
63 585
115 250
-
income
6 677
5 886
21 170
-
social contributions
3 090
5 277
7 118
-
health
632
1 081
1 960
-
total
10 399
12 244
30 248
-
Employer
63 585
63 585
115 250
-
social contributions
3 090
5 277
7 118
-
health
689
1 177
2 133
-
total
3 779
6 454
9 251
-
Corporate
83 502
54 461
-
-
income
10 438
6 807
-
-
total
10 438
6 807
-
-
Dividends
73 063
47 654
-
-
withholding
12 420
8 102
-
-
total
12 420
8 102
-
-
Income
124 500
124 500
124 500
124 500
Total tax
37 036
33 607
39 499
38 344
After tax
87 464
90 893
85 001
86 156
Living cost
26 820
26 820
26 820
26 820
Free-cash
60 644
64 072
58 180
59 335

Estimated living cost  is ₽26820 per week

₽18335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2095
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.
₽5941
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
₽42377
₽53749
₽53302
₽58120
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
-
-
-
124 500
income
-
-
-
33 582
pensions
-
-
-
6 945
total
-
-
-
40 527
Employee
41 487
-
108 933
-
income
7 555
-
26 000
-
health
541
-
1 653
-
pensions
3 166
-
8 679
-
total
11 262
-
36 332
-
Employer
41 487
-
108 933
-
pensions
4 192
-
13 497
-
health
788
-
2 070
-
total
4 980
-
15 567
-
Corporate
78 033
124 500
-
-
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.

14 827
23 655
-
-
total
14 827
23 655
-
-
Dividends
63 206
100 845
-
-
withholding
5 087
17 319
-
-
total
5 087
17 319
-
-
Income
124 500
124 500
124 500
124 500
Total tax
36 156
40 974
51 899
40 527
After tax
88 344
83 526
72 601
83 973
Living cost
30 224
30 224
30 224
30 224
Free-cash
58 120
53 302
42 377
53 749

Estimated living cost  is ₽30224 per week

₽20734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6331
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
₽20772
₽26324
₽32635
₽28875
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
-
-
-
124 500
municipal
-
-
-
832
regional
-
-
-
2 828
national
-
-
-
29 553
social contributions
-
-
-
32 021
total
-
-
-
65 234
Employee
69 680
-
124 500
-
regional
1 052
-
2 480
-
social contributions
23 496
-
41 981
-
national
11 775
-
25 583
-
municipal
416
-
742
-
total
36 739
-
70 786
-
Employer
69 680
-
124 500
-
total
-
-
-
-
Corporate
54 820
124 500
-
-
nationa
13 156
29 881
-
-
municipal
2 643
6 001
-
-
total
15 799
35 882
-
-
Dividends
39 021
88 619
-
-
withholding
10 145
23 041
-
-
total
10 145
23 041
-
-
Income
124 500
124 500
124 500
124 500
Total tax
62 683
58 923
70 786
65 234
After tax
61 817
65 577
53 714
59 266
Living cost
32 942
32 942
32 942
32 942
Free-cash
28 875
32 635
20 772
26 324

Estimated living cost  is ₽32942 per week

₽23139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7038
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
₽49842
₽67867
-₽7209
₽7434
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
-
-
-
124 500
income
-
-
-
33 866
health
-
-
-
1 714
accident
-
-
-
198
pensions
-
-
-
3 271
other
-
-
-
291
total
-
-
-
39 340
Employee
27 203
-
111 256
-
income
3 732
-
25 385
-
health
3 115
-
12 739
-
pensions
3 063
-
5 997
-
total
9 910
-
44 121
-
Employer
27 203
-
111 256
-
unemployment
666
-
2 726
-
pensions
4 423
-
8 660
-
accident
454
-
1 858
-
total
5 543
-
13 244
-
Corporate
91 753
124 500
-
-
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.

82 577
112 050
-
-
total
82 577
112 050
-
-
Dividends
9 175
12 450
-
-
withholding
1 743
2 366
-
-
total
1 743
2 366
-
-
Income
124 500
124 500
124 500
124 500
Total tax
99 773
114 416
57 365
39 340
After tax
24 727
10 084
67 135
85 160
Living cost
17 293
17 293
17 293
17 293
Free-cash
7 434
-7 209
49 842
67 867

Estimated living cost  is ₽17293 per week

₽12674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽48800
₽36450
₽32185
₽43002
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.

-
-
-
124 500
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.

-
-
-
36 139
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.

-
-
-
5 649
trade
-
-
-
12 350
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.

-
-
-
1 988
total
-
-
-
56 126
Employee

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

41 143
-
124 500
-
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.

3 383
-
36 139
-
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.

5 649
-
5 649
-
surtax

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

187
-
1 988
-
total
9 219
-
43 776
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 357
124 500
-
-
chamber of commerce
248
308
-
-
income
12 503
18 675
-
-
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.

687
1 028
-
-
trade
11 962
17 865
-
-
total
25 400
37 876
-
-
Dividends
57 956
86 624
-
-
withholding
14 175
21 341
-
-
surtax

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

780
1 174
-
-
total
14 955
22 515
-
-
Income
124 500
124 500
124 500
124 500
Total tax
49 574
60 391
43 776
56 126
After tax
74 926
64 109
80 724
68 374
Living cost
31 924
31 924
31 924
31 924
Free-cash
43 002
32 185
48 800
36 450

Estimated living cost  is ₽31924 per week

₽22022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
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
₽58549
₽23460
₽82397
₽75614
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.

-
-
-
124 500
microenterprise
-
-
-
-
income
-
-
-
20 407
social contributions

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

-
-
-
31 682
surtax
-
-
-
31 748
total
-
-
-
83 837
Employee
24 162
-
89 435
-
income
4 301
-
17 366
-
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.

2 658
-
9 837
-
surtax
-
-
-
-
total
6 959
-
27 203
-
Employer
24 162
-
89 435
-
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.

5 820
-
21 545
-
surtax
-
-
-
-
total
5 820
-
21 545
-
Corporate
94 517
124 500
-
-
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%.

18 904
24 900
-
-
total
18 904
24 900
-
-
Dividends

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

75 613
99 600
-
-
total
-
-
-
-
Income
124 500
124 500
124 500
124 500
Total tax
31 683
24 900
48 748
83 837
After tax
92 817
99 600
75 752
40 663
Living cost
17 203
17 203
17 203
17 203
Free-cash
75 614
82 397
58 549
23 460

Estimated living cost  is ₽17203 per week

₽10975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4199
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
₽63215
₽63975
₽67009
₽65255
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
-
-
-
124 500
income
-
-
-
36 410
health
-
-
-
5 647
pensions
-
-
-
7 789
total
-
-
-
49 846
Employee
16 264
-
115 737
-
income
3 146
-
36 001
-
health
813
-
1 947
-
unemployment
163
-
390
-
pensions
1 464
-
3 505
-
total
5 586
-
41 843
-
Employer
16 264
-
115 737
-
unemployment
325
-
779
-
pensions
1 789
-
4 284
-
health
1 545
-
3 700
-
total
3 659
-
8 763
-
Corporate
104 576
124 500
-
-
income
23 007
27 390
-
-
total
23 007
27 390
-
-
Dividends
81 569
97 110
-
-
withholding
16 314
19 422
-
-
total
16 314
19 422
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 566
46 812
50 606
49 846
After tax
75 934
77 688
73 894
74 654
Living cost
10 679
10 679
10 679
10 679
Free-cash
65 255
67 009
63 215
63 975

Estimated living cost  is ₽10679 per week

₽6346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽245
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.
₽3222
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
₽36615
₽40510
₽59738
₽57109
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
-
-
-
124 500
income
-
-
-
30 869
health
-
-
-
7 835
unemployment
-
-
-
188
surtax
-
-
-
4 453
pensions
-
-
-
22 072
other
-
-
-
-
total
-
-
-
65 417
Employee
27 847
-
102 850
-
other
-
-
-
-
income
4 668
-
27 182
-
health
711
-
2 622
-
unemployment
1 938
-
7 159
-
surtax
99
-
3 838
-
pensions
1 858
-
6 861
-
total
9 274
-
47 662
-
Employer
27 847
-
102 850
-
unemployment
883
-
3 261
-
pensions
3 713
-
13 710
-
other
-
-
-
-
health
1 266
-
4 679
-
total
5 862
-
21 650
-
Corporate
90 790
124 500
-
-
income
23 605
32 369
-
-
total
23 605
32 369
-
-
Dividends
67 185
92 131
-
-
withholding
10 077
13 820
-
-
total
10 077
13 820
-
-
Income
124 500
124 500
124 500
124 500
Total tax
48 818
46 189
69 312
65 417
After tax
75 682
78 311
55 188
59 083
Living cost
18 573
18 573
18 573
18 573
Free-cash
57 109
59 738
36 615
40 510

Estimated living cost  is ₽18573 per week

₽11213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5315
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
₽6052
₽37623
₽42794
₽42386
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
-
-
-
124 500
income
-
-
-
29 666
chamber of commerce
-
-
-