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
₽ 125500
per

Your estimated
City
free-cash

Valencia , Spain
₽44481
₽47944
₽61187
₽57420
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
-
-
-
125 500
income
-
-
-
31 883
accident
-
-
-
690
unemployment
-
-
-
536
pensions
-
-
-
21 661
other
-
-
-
77
total
-
-
-
54 847
Employee
30 535
-
101 098
-
other
30
-
77
-
income
5 887
-
29 048
-
unemployment
473
-
1 186
-
pensions
1 435
-
3 598
-
total
7 825
-
33 909
-
Employer
30 535
-
101 098
-
unemployment
1 680
-
4 209
-
pensions
7 206
-
18 064
-
other
244
-
613
-
accident
605
-
1 515
-
total
9 735
-
24 401
-
Corporate
85 230
125 500
-
-
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.

12 785
18 824
-
-
total
12 785
18 824
-
-
Dividends
72 445
106 676
-
-
withholding
15 026
22 780
-
-
total
15 026
22 780
-
-
Income
125 500
125 500
125 500
125 500
Total tax
45 371
41 604
58 310
54 847
After tax
80 129
83 896
67 190
70 653
Living cost
22 709
22 709
22 709
22 709
Free-cash
57 420
61 187
44 481
47 944

Estimated living cost  is ₽22709 per week

₽15328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4800
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
₽49600
₽44411
₽70200
₽64623
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
-
-
-
125 500
income
-
-
-
17 480
health
-
-
-
5 523
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.

-
-
-
30 120
other
-
-
-
5 961
total
-
-
-
59 084
Employee
29 984
-
100 239
-
income
5 162
-
19 210
-
health
420
-
1 403
-
unemployment
299
-
1 003
-
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.

2 098
-
7 018
-
total
7 979
-
28 634
-
Employer
29 984
-
100 239
-
unemployment
299
-
1 003
-
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.

5 098
-
17 041
-
other
1 500
-
5 012
-
accident
240
-
802
-
health
420
-
1 403
-
total
7 557
-
25 261
-
Corporate
87 959
125 500
-
-
income
18 472
26 354
-
-
total
18 472
26 354
-
-
Dividends
69 487
99 146
-
-
withholding
4 864
6 941
-
-
total
4 864
6 941
-
-
Income
125 500
125 500
125 500
125 500
Total tax
38 872
33 295
53 895
59 084
After tax
86 628
92 205
71 605
66 416
Living cost
22 005
22 005
22 005
22 005
Free-cash
64 623
70 200
49 600
44 411

Estimated living cost  is ₽22005 per week

₽15548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4617
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
₽92852
₽88146
₽96475
₽92637
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
-
-
-
125 500
income
-
-
-
18 825
health
-
-
-
3 317
unemployment
-
-
-
115
pensions

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

-
-
-
4 269
total
-
-
-
26 526
Employee
14 337
-
119 840
-
income
1 434
-
11 984
-
health
659
-
1 327
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
pensions

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

1 259
-
2 533
-
total
3 510
-
16 161
-
Employer
14 337
-
119 840
-
unemployment
86
-
173
-
pensions

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

1 580
-
3 179
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 659
-
Corporate
108 349
125 500
-
-
income
10 835
12 550
-
-
total
10 835
12 550
-
-
Dividends
97 514
112 950
-
-
withholding
4 876
5 647
-
-
total
4 876
5 647
-
-
Income
125 500
125 500
125 500
125 500
Total tax
22 035
18 197
21 820
26 526
After tax
103 465
107 303
103 680
98 974
Living cost
10 828
10 828
10 828
10 828
Free-cash
92 637
96 475
92 852
88 146

Estimated living cost  is ₽10828 per week

₽6321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽287
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽42946
₽42791
₽35000
₽39875
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
-
-
-
125 500
income
-
-
-
18 023
social contributions
-
-
-
3 575
health
-
-
-
4 684
surtax
-
-
-
-
pensions
-
-
-
24 282
other
-
-
-
3 891
total
-
-
-
54 455
Employee
35 344
-
98 362
-
income
2 086
-
18 031
-
social contributions
1 008
-
2 802
-
surtax
-
-
-
-
pensions
3 996
-
6 328
-
total
7 090
-
27 161
-
Employer
35 344
-
98 362
-
unemployment
1 431
-
3 984
-
social contributions
107
-
295
-
pensions
5 806
-
10 745
-
other
1 219
-
3 619
-
health
2 475
-
8 496
-
total
11 038
-
27 139
-
Corporate
79 119
125 500
-
-
income
22 153
35 140
-
-
surtax
-
-
-
-
total
22 153
35 140
-
-
Dividends
56 966
90 360
-
-
withholding
7 292
11 565
-
-
surtax
-
-
-
-
social contributions
9 798
15 541
-
-
total
17 090
27 106
-
-
Income
125 500
125 500
125 500
125 500
Total tax
57 371
62 246
54 300
54 455
After tax
68 129
63 254
71 200
71 045
Living cost
28 254
28 254
28 254
28 254
Free-cash
39 875
35 000
42 946
42 791

Estimated living cost  is ₽28254 per week

₽17815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7662
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
₽41649
₽36083
₽27244
₽22183
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
-
-
-
125 500
income
-
-
-
34 965
health
-
-
-
10 183
pensions
-
-
-
9 675
total
-
-
-
54 823
Employee
70 521
70 521
110 153
-
income

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

11 543
11 543
14 052
-
health
10 824
9 207
10 183
-
pensions
12 694
9 675
9 675
-
total
35 061
30 425
33 910
-
Employer
70 521
70 521
110 153
-
unemployment
2 539
2 539
3 155
-
pensions
4 908
4 908
6 101
-
health
4 902
4 902
6 091
-
total
12 349
12 349
15 347
-
Corporate
43 495
42 630
-
-
income
8 699
8 525
-
-
total
8 699
8 525
-
-
Dividends
34 796
34 105
-
-
withholding
5 220
5 115
-
-
income
7 394
7 248
-
-
total
12 614
12 363
-
-
Income
125 500
125 500
125 500
125 500
Total tax
68 723
63 662
49 257
54 823
After tax
56 777
61 838
76 243
70 677
Living cost
34 594
34 594
34 594
34 594
Free-cash
22 183
27 244
41 649
36 083

Estimated living cost  is ₽34594 per week

₽24516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6410
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
₽56253
₽42534
₽38317
₽47451
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.

-
-
-
125 500
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.

-
-
-
36 580
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.

-
-
-
5 642
trade
-
-
-
13 719
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.

-
-
-
2 012
total
-
-
-
57 953
Employee

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

31 586
-
125 500
-
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.

882
-
36 580
-
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.

5 642
-
5 642
-
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
-
2 012
-
total
6 573
-
44 234
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 914
125 500
-
-
chamber of commerce
260
306
-
-
income
14 087
18 824
-
-
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.

774
1 036
-
-
trade
14 792
19 766
-
-
total
29 913
39 932
-
-
Dividends
64 001
85 568
-
-
withholding
15 687
21 078
-
-
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.

863
1 160
-
-
total
16 550
22 238
-
-
Income
125 500
125 500
125 500
125 500
Total tax
53 036
62 170
44 234
57 953
After tax
72 464
63 330
81 266
67 547
Living cost
25 013
25 013
25 013
25 013
Free-cash
47 451
38 317
56 253
42 534

Estimated living cost  is ₽25013 per week

₽15734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5896
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
₽66500
₽67660
₽72500
₽68004
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
-
-
-
125 500
income
-
-
-
22 159
social contributions
-
-
-
13 361
health
-
-
-
3 200
total
-
-
-
38 720
Employee
63 501
63 501
116 241
-
income
6 914
5 878
21 536
-
social contributions
2 401
5 270
7 109
-
health
492
1 080
1 976
-
total
9 807
12 228
30 621
-
Employer
63 501
63 501
116 241
-
social contributions
2 401
5 270
7 109
-
health
534
1 175
2 150
-
total
2 935
6 445
9 259
-
Corporate
93 638
55 553
-
-
income
11 705
6 944
-
-
total
11 705
6 944
-
-
Dividends
81 933
48 609
-
-
withholding
13 929
8 263
-
-
total
13 929
8 263
-
-
Income
125 500
125 500
125 500
125 500
Total tax
38 376
33 880
39 880
38 720
After tax
87 124
91 620
85 620
86 780
Living cost
19 120
19 120
19 120
19 120
Free-cash
68 004
72 500
66 500
67 660

Estimated living cost  is ₽19120 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
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
₽33075
₽42010
₽45483
₽44650
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.

-
-
-
125 500
income
-
-
-
13 975
social contributions

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

-
-
-
43 612
surtax
-
-
-
-
total
-
-
-
57 587
Employee
37 981
-
101 415
-
income
7 900
-
31 282
-
social contributions
4 178
-
11 155
-
surtax
-
-
-
-
total
12 078
-
42 437
-
Employer
37 981
-
101 415
-
social contributions
9 020
-
24 085
-
total
9 020
-
24 085
-
Corporate
78 499
125 500
-
-
income
16 485
26 354
-
-
surtax
-
-
-
-
total
16 485
26 354
-
-
Dividends
62 014
99 146
-
-
withholding
17 364
27 760
-
-
total
17 364
27 760
-
-
Income
125 500
125 500
125 500
125 500
Total tax
54 947
54 114
66 522
57 587
After tax
70 553
71 386
58 978
67 913
Living cost
25 903
25 903
25 903
25 903
Free-cash
44 650
45 483
33 075
42 010

Estimated living cost  is ₽25903 per week

₽19381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1528
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.
₽4562
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
₽94214
₽118059
₽113039
₽111880
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%.

-
-
-
125 500
microenterprise

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

-
-
-
1 255
total
-
-
-
1 255
Employee
7 732
-
125 500
-
income
1 546
-
25 100
-
total
1 546
-
25 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

117 768
125 500
-
-
total
-
-
-
-
Dividends
117 768
125 500
-
-
withholding
5 888
6 275
-
-
total
5 888
6 275
-
-
Income
125 500
125 500
125 500
125 500
Total tax
7 434
6 275
25 100
1 255
After tax
118 066
119 225
100 400
124 245
Living cost
6 186
6 186
6 186
6 186
Free-cash
111 880
113 039
94 214
118 059

Estimated living cost  is ₽6186 per week

₽3834
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
₽36835
₽40159
₽64256
₽57350
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.

-
-
-
125 500
income
-
-
-
27 735
health
-
-
-
12 349
unemployment
-
-
-
188
pensions
-
-
-
22 919
total
-
-
-
63 191
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.

36 518
-
108 592
-
income
6 297
-
25 610
-
health
2 359
-
7 014
-
unemployment
52
-
152
-
pensions
5 660
-
16 831
-
total
14 368
-
49 607
-
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.

36 518
-
108 592
-
unemployment
22
-
66
-
pensions
3 231
-
9 610
-
health
2 432
-
7 232
-
total
5 685
-
16 908
-
Corporate
83 297
125 500
-
-
income
15 826
23 846
-
-
total
15 826
23 846
-
-
Dividends
67 470
101 654
-
-
withholding
10 121
15 248
-
-
total
10 121
15 248
-
-
Income
125 500
125 500
125 500
125 500
Total tax
46 000
39 094
66 515
63 191
After tax
79 500
86 406
58 985
62 309
Living cost
22 150
22 150
22 150
22 150
Free-cash
57 350
64 256
36 835
40 159

Estimated living cost  is ₽22150 per week

₽15201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
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.
₽5101
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
₽60474
₽66586
₽47235
₽50120
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.

-
-
-
125 500
income
-
-
-
23 507
health

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

-
-
-
5 430
total
-
-
-
28 937
Employee
37 883
-
121 701
-
social contributions
3 796
-
3 799
-
income
4 111
-
27 451
-
total
7 907
-
31 250
-
Employer
37 883
-
121 701
-
social contributions
3 796
-
3 799
-
total
3 796
-
3 799
-
Corporate
83 821
125 500
-
-
income
29 337
43 925
-
-
total
29 337
43 925
-
-
Dividends
54 484
81 575
-
-
social contributions
4 363
4 363
-
-
total
4 363
4 363
-
-
Income
125 500
125 500
125 500
125 500
Total tax
45 403
48 288
35 049
28 937
After tax
80 097
77 212
90 451
96 563
Living cost
29 977
29 977
29 977
29 977
Free-cash
50 120
47 235
60 474
66 586

Estimated living cost  is ₽29977 per week

₽19746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
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.
₽7408
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
₽61084
₽63087
₽59056
₽59485
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
-
-
-
125 500
income
-
-
-
18 824
social contributions
-
-
-
17 318
health
-
-
-
8 760
total
-
-
-
44 902
Employee
28 000
-
125 500
-
income
4 670
-
20 827
-
social contributions
3 865
-
17 318
-
health
1 954
-
8 760
-
total
10 489
-
46 905
-
Employer
28 000
-
125 500
-
total
-
-
-
-
Corporate
97 500
125 500
-
-
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%.

4 875
6 275
-
-
total
4 875
6 275
-
-
Dividends
92 625
119 225
-
-
withholding
13 894
17 884
-
-
health
6 464
8 321
-
-
social contributions
12 782
16 453
-
-
total
33 140
42 658
-
-
Income
125 500
125 500
125 500
125 500
Total tax
48 504
48 933
46 905
44 902
After tax
76 996
76 567
78 595
80 598
Living cost
17 511
17 511
17 511
17 511
Free-cash
59 485
59 056
61 084
63 087

Estimated living cost  is ₽17511 per week

₽11719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
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.
₽4308
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
₽41700
₽47114
₽63743
₽55658
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
-
-
-
125 500
income
-
-
-
12 314
social contributions
-
-
-
26 466
solidarity contribution
-
-
-
-
health
-
-
-
16 942
total
-
-
-
55 722
Employee
33 330
-
94 349
-
solidarity contribution
-
-
-
-
income
4 000
-
11 358
-
social contributions
2 166
-
5 891
-
health
4 499
-
12 737
-
total
10 665
-
29 986
-
Employer
33 330
-
94 349
-
social contributions
8 332
-
22 659
-
health
3 000
-
8 491
-
total
11 332
-
31 150
-
Corporate
80 838
125 500
-
-
income
15 359
23 845
-
-
total
15 359
23 845
-
-
Dividends
65 479
101 655
-
-
withholding
9 822
15 248
-
-
total
9 822
15 248
-
-
Income
125 500
125 500
125 500
125 500
Total tax
47 178
39 093
61 136
55 722
After tax
78 322
86 407
64 364
69 778
Living cost
22 664
22 664
22 664
22 664
Free-cash
55 658
63 743
41 700
47 114

Estimated living cost  is ₽22664 per week

₽16854
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
₽90760
₽114605
₽109585
₽107777
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%.

-
-
-
125 500
microenterprise

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

-
-
-
1 255
total
-
-
-
1 255
Employee
12 050
-
125 500
-
income
2 410
-
25 100
-
total
2 410
-
25 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

113 450
125 500
-
-
total
-
-
-
-
Dividends
113 450
125 500
-
-
withholding
5 673
6 275
-
-
total
5 673
6 275
-
-
Income
125 500
125 500
125 500
125 500
Total tax
8 083
6 275
25 100
1 255
After tax
117 417
119 225
100 400
124 245
Living cost
9 640
9 640
9 640
9 640
Free-cash
107 777
109 585
90 760
114 605

Estimated living cost  is ₽9640 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
₽31314
₽31159
₽23368
₽29041
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
-
-
-
125 500
income
-
-
-
18 023
social contributions
-
-
-
3 575
health
-
-
-
4 684
surtax
-
-
-
-
pensions
-
-
-
24 282
other
-
-
-
3 891
total
-
-
-
54 455
Employee
51 722
-
98 362
-
income
4 513
-
18 031
-
social contributions
1 473
-
2 802
-
surtax
-
-
-
-
pensions
5 850
-
6 328
-
total
11 836
-
27 161
-
Employer
51 722
-
98 362
-
unemployment
2 095
-
3 984
-
social contributions
155
-
295
-
pensions
8 499
-
10 745
-
other
1 785
-
3 619
-
health
3 620
-
8 496
-
total
16 154
-
27 139
-
Corporate
57 624
125 500
-
-
income
16 135
35 140
-
-
surtax
-
-
-
-
total
16 135
35 140
-
-
Dividends
41 489
90 360
-
-
withholding
5 311
11 565
-
-
surtax
-
-
-
-
social contributions
7 137
15 541
-
-
total
12 448
27 106
-
-
Income
125 500
125 500
125 500
125 500
Total tax
56 573
62 246
54 300
54 455
After tax
68 927
63 254
71 200
71 045
Living cost
39 886
39 886
39 886
39 886
Free-cash
29 041
23 368
31 314
31 159

Estimated living cost  is ₽39886 per week

₽26994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
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
₽60336
₽60337
₽76440
₽72390
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.

-
-
-
125 500
income
-
-
-
27 937
health
-
-
-
6 265
unemployment
-
-
-
912
pensions
-
-
-
15 815
total
-
-
-
50 929
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.

21 464
-
114 612
-
income
2 959
-
27 937
-
health
1 105
-
3 133
-
unemployment
161
-
456
-
pensions
3 005
-
8 516
-
total
7 230
-
40 042
-
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.

21 464
-
114 612
-
unemployment
161
-
456
-
pensions
2 576
-
7 299
-
health
1 105
-
3 133
-
total
3 842
-
10 888
-
Corporate
100 194
125 500
-
-
income
15 029
18 825
-
-
total
15 029
18 825
-
-
Dividends
85 165
106 675
-
-
withholding
12 775
16 001
-
-
total
12 775
16 001
-
-
Income
125 500
125 500
125 500
125 500
Total tax
38 876
34 826
50 930
50 929
After tax
86 624
90 674
74 570
74 571
Living cost
14 234
14 234
14 234
14 234
Free-cash
72 390
76 440
60 336
60 337

Estimated living cost  is ₽14234 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1101
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.
₽3137
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
₽38228
₽44198
-₽429
₽24308
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
-
-
-
125 500
regional
-
-
-
5 989
national
-
-
-
1 835
health
-
-
-
282
city
-
-
-
1 323
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.

-
-
-
2 510
pensions
-
-
-
11 546
total
-
-
-
23 485
Employee
67 661
-
112 328
-
regional
2 216
-
5 181
-
city
726
-
1 207
-
health
153
-
252
-
unemployment
-
-
-
-
national
320
-
1 442
-
pensions
5 684
-
9 437
-
total
9 099
-
17 519
-
Employer
67 661
-
112 328
-
unemployment
-
-
-
-
pensions
5 684
-
9 437
-
other

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

1 353
-
2 247
-
health
153
-
252
-
total
7 190
-
11 936
-
Corporate
49 905
125 500
-
-
regional
10 555
26 544
-
-
national
4 243
10 668
-
-
total
14 798
37 212
-
-
Dividends
35 107
88 288
-
-
withholding
12 288
30 900
-
-
total
12 288
30 900
-
-
Income
125 500
125 500
125 500
125 500
Total tax
43 375
68 112
29 455
23 485
After tax
82 125
57 388
96 045
102 015
Living cost
57 817
57 817
57 817
57 817
Free-cash
24 308
-429
38 228
44 198

Estimated living cost  is ₽57817 per week

₽37598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5188
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.
₽14321
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
₽35400
₽52141
₽48176
₽49773
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

-
-
-
125 500
municipal
-
-
-
22 305
national
-
-
-
17 761
health
-
-
-
1 588
total
-
-
-
41 654
Employee
43 448
-
105 577
-
health
324
-
1 282
-
unemployment
652
-
1 584
-
national
718
-
11 275
-
municipal
7 116
-
17 206
-
pensions
2 932
-
7 126
-
total
11 742
-
38 473
-
Employer
43 448
-
105 577
-
unemployment
282
-
686
-
pensions
7 538
-
18 318
-
accident
44
-
105
-
health
334
-
813
-
total
8 198
-
19 922
-
Corporate
73 855
125 500
-
-
income
14 770
25 099
-
-
total
14 770
25 099
-
-
Dividends

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

44 313
75 301
-
-
national
1 335
6 966
-
-
municipal
7 977
13 554
-
-
total
9 312
20 520
-
-
Income
125 500
125 500
125 500
125 500
Total tax
44 022
45 619
58 395
41 654
After tax
81 478
79 881
67 105
83 846
Living cost
31 705
31 705
31 705
31 705
Free-cash
49 773
48 176
35 400
52 141

Estimated living cost  is ₽31705 per week

₽20710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
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.
₽7442
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
₽15191
₽24613
₽40121
₽27735
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
-
-
-
125 500
national
-
-
-
44 839
social contributions
-
-
-
19 583
communal

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

-
-
-
6 355
total
-
-
-
70 777
Employee

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

59 071
-
97 202
-
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.

2 775
-
4 568
-
communal

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

3 081
-
5 070
-
unemployment

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

514
-
846
-
national
18 161
-
34 129
-
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.

4 430
-
7 290
-
total
28 961
-
51 903
-
Employer

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

59 071
-
97 202
-
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.

862
-
1 420
-
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.

5 234
-
8 611
-
surtax
6 698
-
11 023
-
accident

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

768
-
1 263
-
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.

3 633
-
5 979
-
total
17 195
-
28 296
-
Corporate
49 235
125 500
-
-
income
9 846
25 099
-
-
surtax
197
501
-
-
total
10 043
25 600
-
-
Dividends
39 191
99 899
-
-
withholding

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

11 456
29 669
-
-
total
11 456
29 669
-
-
Income
125 500
125 500
125 500
125 500
Total tax
67 655
55 269
80 199
70 777
After tax
57 845
70 231
45 301
54 723
Living cost
30 110
30 110
30 110
30 110
Free-cash
27 735
40 121
15 191
24 613

Estimated living cost  is ₽30110 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
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.
₽7612
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
₽31176
₽31999
₽34576
₽33812
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
-
-
-
125 500
municipal
-
-
-
30 997
national
-
-
-
7 003
health
-
-
-
4 643
accident
-
-
-
149
unemployment
-
-
-
74
pensions
-
-
-
8 043
other
-
-
-
8 645
total
-
-
-
59 554
Employee
48 372
-
102 123
-
national
-
-
6 547
-
municipal
14 425
-
30 453
-
total
14 425
-
37 000
-
Employer
48 372
-
102 123
-
unemployment
1 277
-
1 964
-
pensions
5 229
-
8 043
-
other
5 621
-
8 645
-
accident
97
-
149
-
health
2 975
-
4 576
-
total
15 199
-
23 377
-
Corporate
61 930
125 500
-
-
income
13 625
27 610
-
-
total
13 625
27 610
-
-
Dividends
48 305
97 890
-
-
withholding
14 492
29 367
-
-
total
14 492
29 367
-
-
Income
125 500
125 500
125 500
125 500
Total tax
57 741
56 977
60 377
59 554
After tax
67 759
68 523
65 123
65 946
Living cost
33 947
33 947
33 947
33 947
Free-cash
33 812
34 576
31 176
31 999

Estimated living cost  is ₽33947 per week

₽22499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3331
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.
₽7602
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
₽76361
₽49073
₽38696
-₽4630
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
-
-
-
125 500
income
-
-
-
24 462
social contributions
-
-
-
14 307
total
-
-
-
38 769
Employee
53 996
-
-
-
income
11 910
-
-
-
social contributions
4 428
-
631
-
total
16 338
-
631
-
Employer
53 996
-
-
-
social contributions
76 134
-
10 850
-
total
76 134
-
10 850
-
Corporate
-
125 500
-
-
income
-
27 610
-
-
total
-
27 610
-
-
Dividends
-
97 890
-
-
income
-
21 536
-
-
total
-
21 536
-
-
Income
125 500
125 500
125 500
125 500
Total tax
92 472
49 146
11 481
38 769
After tax
33 028
76 354
114 019
86 731
Living cost
37 658
37 658
37 658
37 658
Free-cash
-4 630
38 696
76 361
49 073

Estimated living cost  is ₽37658 per week

₽24434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
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.
₽9202
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
₽58835
₽59995
₽64835
₽61408
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
-
-
-
125 500
income
-
-
-
22 159
social contributions
-
-
-
13 361
health
-
-
-
3 200
total
-
-
-
38 720
Employee
63 501
63 501
116 241
-
income
6 668
5 878
21 536
-
social contributions
3 086
5 270
7 109
-
health
632
1 080
1 976
-
total
10 386
12 228
30 621
-
Employer
63 501
63 501
116 241
-
social contributions
3 086
5 270
7 109
-
health
688
1 175
2 150
-
total
3 774
6 445
9 259
-
Corporate
84 556
55 553
-
-
income
10 569
6 944
-
-
total
10 569
6 944
-
-
Dividends
73 987
48 609
-
-
withholding
12 578
8 263
-
-
total
12 578
8 263
-
-
Income
125 500
125 500
125 500
125 500
Total tax
37 307
33 880
39 880
38 720
After tax
88 193
91 620
85 620
86 780
Living cost
26 785
26 785
26 785
26 785
Free-cash
61 408
64 835
58 835
59 995

Estimated living cost  is ₽26785 per week

₽18310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2092
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.
₽5933
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
₽42927
₽54384
₽53885
₽58690
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
-
-
-
125 500
income
-
-
-
34 011
pensions
-
-
-
6 953
total
-
-
-
40 964
Employee
41 387
-
109 793
-
income
7 537
-
26 374
-
health
540
-
1 659
-
pensions
3 159
-
8 681
-
total
11 236
-
36 714
-
Employer
41 387
-
109 793
-
pensions
4 181
-
13 621
-
health
787
-
2 086
-
total
4 968
-
15 707
-
Corporate
79 145
125 500
-
-
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.

15 038
23 844
-
-
total
15 038
23 844
-
-
Dividends
64 107
101 656
-
-
withholding
5 416
17 619
-
-
total
5 416
17 619
-
-
Income
125 500
125 500
125 500
125 500
Total tax
36 658
41 463
52 421
40 964
After tax
88 842
84 037
73 079
84 536
Living cost
30 152
30 152
30 152
30 152
Free-cash
58 690
53 885
42 927
54 384

Estimated living cost  is ₽30152 per week

₽20684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽6316
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
₽21184
₽26765
₽33207
₽29449
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
-
-
-
125 500
municipal
-
-
-
838
regional
-
-
-
2 853
national
-
-
-
29 868
social contributions
-
-
-
32 278
total
-
-
-
65 837
Employee
69 588
-
125 500
-
regional
1 051
-
2 508
-
social contributions
23 465
-
42 319
-
national
11 760
-
25 842
-
municipal
415
-
749
-
total
36 691
-
71 418
-
Employer
69 588
-
125 500
-
total
-
-
-
-
Corporate
55 912
125 500
-
-
nationa
13 419
30 120
-
-
municipal
2 695
6 049
-
-
total
16 114
36 169
-
-
Dividends
39 797
89 331
-
-
withholding
10 348
23 226
-
-
total
10 348
23 226
-
-
Income
125 500
125 500
125 500
125 500
Total tax
63 153
59 395
71 418
65 837
After tax
62 347
66 105
54 082
59 663
Living cost
32 898
32 898
32 898
32 898
Free-cash
29 449
33 207
21 184
26 765

Estimated living cost  is ₽32898 per week

₽23109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
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.
₽7029
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
₽50444
₽68563
-₽7111
₽7515
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
-
-
-
125 500
income
-
-
-
34 192
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 267
other
-
-
-
291
total
-
-
-
39 661
Employee
27 176
-
112 225
-
income
3 728
-
25 665
-
health
3 112
-
12 849
-
pensions
3 060
-
5 991
-
total
9 900
-
44 505
-
Employer
27 176
-
112 225
-
unemployment
666
-
2 749
-
pensions
4 419
-
8 652
-
accident
454
-
1 874
-
total
5 539
-
13 275
-
Corporate
92 785
125 500
-
-
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.

83 507
112 950
-
-
total
83 507
112 950
-
-
Dividends
9 279
12 550
-
-
withholding
1 763
2 385
-
-
total
1 763
2 385
-
-
Income
125 500
125 500
125 500
125 500
Total tax
100 709
115 335
57 780
39 661
After tax
24 791
10 165
67 720
85 839
Living cost
17 276
17 276
17 276
17 276
Free-cash
7 515
-7 111
50 444
68 563

Estimated living cost  is ₽17276 per week

₽12662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽49384
₽36885
₽32739
₽43543
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.

-
-
-
125 500
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.

-
-
-
36 580
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.

-
-
-
5 642
trade
-
-
-
12 499
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.

-
-
-
2 012
total
-
-
-
56 733
Employee

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

41 089
-
125 500
-
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.

3 379
-
36 580
-
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.

5 642
-
5 642
-
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.

186
-
2 012
-
total
9 207
-
44 234
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 411
125 500
-
-
chamber of commerce
249
309
-
-
income
12 661
18 824
-
-
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.

696
1 036
-
-
trade
12 112
18 010
-
-
total
25 718
38 179
-
-
Dividends
58 692
87 321
-
-
withholding
14 360
21 517
-
-
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
1 183
-
-
total
15 150
22 700
-
-
Income
125 500
125 500
125 500
125 500
Total tax
50 075
60 879
44 234
56 733
After tax
75 425
64 621
81 266
68 767
Living cost
31 882
31 882
31 882
31 882
Free-cash
43 543
32 739
49 384
36 885

Estimated living cost  is ₽31882 per week

₽21993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽5996
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
₽59045
₽24031
₽83221
₽76445
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.

-
-
-
125 500
microenterprise
-
-
-
-
income
-
-
-
20 647
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.

-
-
-
31 640
surtax
-
-
-
32 002
total
-
-
-
84 289
Employee
24 131
-
90 381
-
income
4 296
-
17 561
-
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.

2 655
-
9 942
-
surtax
-
-
-
-
total
6 951
-
27 503
-
Employer
24 131
-
90 381
-
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.

5 813
-
21 772
-
surtax
-
-
-
-
total
5 813
-
21 772
-
Corporate
95 557
125 500
-
-
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%.

19 111
25 099
-
-
total
19 111
25 099
-
-
Dividends

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

76 446
100 401
-
-
total
-
-
-
-
Income
125 500
125 500
125 500
125 500
Total tax
31 875
25 099
49 275
84 289
After tax
93 625
100 401
76 225
41 211
Living cost
17 180
17 180
17 180
17 180
Free-cash
76 445
83 221
59 045
24 031

Estimated living cost  is ₽17180 per week

₽10961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4194
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
₽63860
₽64620
₽67630
₽65875
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
-
-
-
125 500
income
-
-
-
36 757
health
-
-
-
5 649
pensions
-
-
-
7 792
total
-
-
-
50 198
Employee
16 270
-
116 734
-
income
3 147
-
36 348
-
health
814
-
1 948
-
unemployment
163
-
390
-
pensions
1 464
-
3 506
-
total
5 588
-
42 192
-
Employer
16 270
-
116 734
-
unemployment
325
-
779
-
pensions
1 790
-
4 286
-
health
1 546
-
3 701
-
total
3 661
-
8 766
-
Corporate
105 568
125 500
-
-
income
23 225
27 610
-
-
total
23 225
27 610
-
-
Dividends
82 343
97 890
-
-
withholding
16 469
19 578
-
-
total
16 469
19 578
-
-
Income
125 500
125 500
125 500
125 500
Total tax
48 943
47 188
50 958
50 198
After tax
76 557
78 312
74 542
75 302
Living cost
10 682
10 682
10 682
10 682
Free-cash
65 875
67 630
63 860
64 620

Estimated living cost  is ₽10682 per week

₽6348
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.
₽3224
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
₽36949
₽41006
₽60392
₽57764
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
-
-
-
125 500
income
-
-
-
31 354
health
-
-
-
7 825
unemployment
-
-
-
188
surtax
-
-
-
4 535
pensions
-
-
-
22 043
other
-
-
-
-
total
-
-
-
65 945
Employee
27 810
-
103 676
-
other
-
-
-
-
income
4 662
-
27 509
-
health
710
-
2 644
-
unemployment
1 935
-
7 215
-
surtax
99
-
3 894
-
pensions
1 855
-
6 916
-
total
9 261
-
48 178
-
Employer
27 810
-
103 676
-
unemployment
882
-
3 286
-
pensions
3 708
-
13 821
-
other
-
-
-
-
health
1 265
-
4 717
-
total
5 855
-
21 824
-
Corporate
91 835
125 500
-
-
income
23 877
32 629
-
-
total
23 877
32 629
-
-
Dividends
67 958
92 871
-
-
withholding
10 194
13 930
-
-
total
10 194
13 930
-
-
Income
125 500
125 500
125 500
125 500
Total tax
49 187
46 559
70 002
65 945
After tax
76 313
78 941
55 498
59 555
Living cost
18 549
18 549
18 549
18 549
Free-cash
57 764
60 392
36 949
41 006

Estimated living cost  is ₽18549 per week

₽11199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
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
₽6402
₽38175
₽43374
₽42962
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
-
-
-
125 500
income
-
-
-
30 185
chamber of commerce
-
-