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
₽ 126500
per

Your estimated
City
free-cash

Valencia , Spain
₽45024
₽48490
₽61837
₽58088
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
-
-
-
126 500
income
-
-
-
32 329
accident
-
-
-
690
unemployment
-
-
-
536
pensions
-
-
-
21 665
other
-
-
-
77
total
-
-
-
55 297
Employee
30 541
-
102 094
-
other
30
-
77
-
income
5 888
-
29 493
-
unemployment
473
-
1 187
-
pensions
1 436
-
3 599
-
total
7 827
-
34 356
-
Employer
30 541
-
102 094
-
unemployment
1 680
-
4 210
-
pensions
7 207
-
18 068
-
other
245
-
613
-
accident
605
-
1 516
-
total
9 737
-
24 407
-
Corporate
86 223
126 500
-
-
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.

12 933
18 975
-
-
total
12 933
18 975
-
-
Dividends
73 290
107 525
-
-
withholding
15 202
22 975
-
-
total
15 202
22 975
-
-
Income
126 500
126 500
126 500
126 500
Total tax
45 699
41 950
58 763
55 297
After tax
80 801
84 550
67 737
71 203
Living cost
22 713
22 713
22 713
22 713
Free-cash
58 088
61 837
45 024
48 490

Estimated living cost  is ₽22713 per week

₽15331
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.
₽4801
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
₽50141
₽45133
₽70932
₽65354
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
-
-
-
126 500
income
-
-
-
17 721
health
-
-
-
5 527
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.

-
-
-
30 145
other
-
-
-
5 966
total
-
-
-
59 359
Employee
29 990
-
101 037
-
income
5 163
-
19 391
-
health
420
-
1 414
-
unemployment
299
-
1 011
-
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.

2 099
-
7 072
-
total
7 981
-
28 888
-
Employer
29 990
-
101 037
-
unemployment
299
-
1 011
-
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.

5 099
-
17 177
-
other
1 500
-
5 052
-
accident
240
-
809
-
health
420
-
1 414
-
total
7 558
-
25 463
-
Corporate
88 952
126 500
-
-
income
18 680
26 565
-
-
total
18 680
26 565
-
-
Dividends
70 272
99 935
-
-
withholding
4 919
6 995
-
-
total
4 919
6 995
-
-
Income
126 500
126 500
126 500
126 500
Total tax
39 138
33 560
54 351
59 359
After tax
87 362
92 940
72 149
67 141
Living cost
22 008
22 008
22 008
22 008
Free-cash
65 354
70 932
50 141
45 133

Estimated living cost  is ₽22008 per week

₽15550
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.
₽4618
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
₽93754
₽88997
₽97330
₽93495
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
-
-
-
126 500
income
-
-
-
18 975
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
-
-
-
26 676
Employee
14 336
-
120 841
-
income
1 433
-
12 084
-
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
3 509
-
16 261
-
Employer
14 336
-
120 841
-
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
-
3 178
-
accident

We are using the highest rate at 1.1%.

158
-
317
-
health
990
-
1 990
-
total
2 814
-
5 658
-
Corporate
109 351
126 500
-
-
income
10 935
12 650
-
-
total
10 935
12 650
-
-
Dividends
98 415
113 850
-
-
withholding
4 920
5 693
-
-
total
4 920
5 693
-
-
Income
126 500
126 500
126 500
126 500
Total tax
22 178
18 343
21 919
26 676
After tax
104 322
108 157
104 581
99 824
Living cost
10 827
10 827
10 827
10 827
Free-cash
93 495
97 330
93 754
88 997

Estimated living cost  is ₽10827 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
₽43378
₽43336
₽35497
₽40375
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
-
-
-
126 500
income
-
-
-
18 258
social contributions
-
-
-
3 603
health
-
-
-
4 756
surtax
-
-
-
-
pensions
-
-
-
24 366
other
-
-
-
3 922
total
-
-
-
54 905
Employee
35 350
-
99 081
-
income
2 086
-
18 219
-
social contributions
1 008
-
2 824
-
surtax
-
-
-
-
pensions
3 997
-
6 400
-
total
7 091
-
27 443
-
Employer
35 350
-
99 081
-
unemployment
1 431
-
4 013
-
social contributions
107
-
298
-
pensions
5 807
-
10 863
-
other
1 219
-
3 657
-
health
2 475
-
8 589
-
total
11 039
-
27 420
-
Corporate
80 111
126 500
-
-
income
22 431
35 420
-
-
surtax
-
-
-
-
total
22 431
35 420
-
-
Dividends
57 680
91 080
-
-
withholding
7 383
11 658
-
-
surtax
-
-
-
-
social contributions
9 922
15 666
-
-
total
17 305
27 324
-
-
Income
126 500
126 500
126 500
126 500
Total tax
57 866
62 744
54 863
54 905
After tax
68 634
63 756
71 637
71 595
Living cost
28 259
28 259
28 259
28 259
Free-cash
40 375
35 497
43 378
43 336

Estimated living cost  is ₽28259 per week

₽17818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2298
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.
₽7663
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
₽42372
₽36559
₽27745
₽22686
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
-
-
-
126 500
income
-
-
-
35 478
health
-
-
-
10 185
pensions
-
-
-
9 677
total
-
-
-
55 340
Employee
70 534
70 534
111 150
-
income

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

11 545
11 545
14 315
-
health
10 826
9 209
10 185
-
pensions
12 696
9 677
9 677
-
total
35 067
30 431
34 177
-
Employer
70 534
70 534
111 150
-
unemployment
2 539
2 539
3 155
-
pensions
4 909
4 909
6 102
-
health
4 903
4 903
6 093
-
total
12 351
12 351
15 350
-
Corporate
44 480
43 615
-
-
income
8 897
8 723
-
-
total
8 897
8 723
-
-
Dividends
35 584
34 892
-
-
withholding
5 337
5 234
-
-
income
7 561
7 415
-
-
total
12 898
12 649
-
-
Income
126 500
126 500
126 500
126 500
Total tax
69 213
64 154
49 527
55 340
After tax
57 287
62 346
76 973
71 160
Living cost
34 601
34 601
34 601
34 601
Free-cash
22 686
27 745
42 372
36 559

Estimated living cost  is ₽34601 per week

₽24521
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.
₽6411
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
₽56807
₽42932
₽38815
₽47950
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.

-
-
-
126 500
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.

-
-
-
36 997
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.

-
-
-
5 643
trade
-
-
-
13 875
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.

-
-
-
2 035
total
-
-
-
58 550
Employee

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

31 591
-
126 500
-
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
-
36 997
-
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.

5 643
-
5 643
-
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
-
2 035
-
total
6 574
-
44 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 909
126 500
-
-
chamber of commerce
262
307
-
-
income
14 237
18 975
-
-
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.

784
1 044
-
-
trade
14 948
19 923
-
-
total
30 231
40 249
-
-
Dividends
64 678
86 250
-
-
withholding
15 856
21 249
-
-
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.

871
1 169
-
-
total
16 727
22 418
-
-
Income
126 500
126 500
126 500
126 500
Total tax
53 532
62 667
44 675
58 550
After tax
72 968
63 833
81 825
67 950
Living cost
25 018
25 018
25 018
25 018
Free-cash
47 950
38 815
56 807
42 932

Estimated living cost  is ₽25018 per week

₽15737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2917
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.
₽5897
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
₽67126
₽68290
₽73222
₽68728
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
-
-
-
126 500
income
-
-
-
22 497
social contributions
-
-
-
13 364
health
-
-
-
3 226
total
-
-
-
39 087
Employee
63 512
63 512
117 221
-
income
6 915
5 879
21 870
-
social contributions
2 401
5 271
7 110
-
health
492
1 080
1 992
-
total
9 808
12 230
30 972
-
Employer
63 512
63 512
117 221
-
social contributions
2 401
5 271
7 110
-
health
534
1 176
2 169
-
total
2 935
6 447
9 279
-
Corporate
94 632
56 541
-
-
income
11 829
7 067
-
-
total
11 829
7 067
-
-
Dividends
82 803
49 473
-
-
withholding
14 077
8 411
-
-
total
14 077
8 411
-
-
Income
126 500
126 500
126 500
126 500
Total tax
38 649
34 155
40 251
39 087
After tax
87 851
92 345
86 249
87 413
Living cost
19 123
19 123
19 123
19 123
Free-cash
68 728
73 222
67 126
68 290

Estimated living cost  is ₽19123 per week

₽11461
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.
₽5364
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
₽33466
₽42510
₽46046
₽45213
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.

-
-
-
126 500
income
-
-
-
14 124
social contributions

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

-
-
-
43 958
surtax
-
-
-
-
total
-
-
-
58 082
Employee
37 988
-
102 222
-
income
7 902
-
31 603
-
social contributions
4 179
-
11 245
-
surtax
-
-
-
-
total
12 081
-
42 848
-
Employer
37 988
-
102 222
-
social contributions
9 022
-
24 278
-
total
9 022
-
24 278
-
Corporate
79 490
126 500
-
-
income
16 693
26 565
-
-
surtax
-
-
-
-
total
16 693
26 565
-
-
Dividends
62 797
99 935
-
-
withholding
17 583
27 981
-
-
total
17 583
27 981
-
-
Income
126 500
126 500
126 500
126 500
Total tax
55 379
54 546
67 126
58 082
After tax
71 121
71 954
59 374
68 418
Living cost
25 908
25 908
25 908
25 908
Free-cash
45 213
46 046
33 466
42 510

Estimated living cost  is ₽25908 per week

₽19384
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.
₽4563
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
₽95014
₽119049
₽113989
₽112830
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%.

-
-
-
126 500
microenterprise

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

-
-
-
1 265
total
-
-
-
1 265
Employee
7 732
-
126 500
-
income
1 546
-
25 300
-
total
1 546
-
25 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

118 768
126 500
-
-
total
-
-
-
-
Dividends
118 768
126 500
-
-
withholding
5 938
6 325
-
-
total
5 938
6 325
-
-
Income
126 500
126 500
126 500
126 500
Total tax
7 484
6 325
25 300
1 265
After tax
119 016
120 175
101 200
125 235
Living cost
6 186
6 186
6 186
6 186
Free-cash
112 830
113 989
95 014
119 049

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
₽37241
₽40593
₽64941
₽58032
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.

-
-
-
126 500
income
-
-
-
28 014
health
-
-
-
12 447
unemployment
-
-
-
190
pensions
-
-
-
23 102
total
-
-
-
63 753
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.

36 524
-
109 457
-
income
6 299
-
25 871
-
health
2 359
-
7 071
-
unemployment
52
-
154
-
pensions
5 662
-
16 966
-
total
14 372
-
50 062
-
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.

36 524
-
109 457
-
unemployment
22
-
66
-
pensions
3 232
-
9 687
-
health
2 433
-
7 290
-
total
5 687
-
17 043
-
Corporate
84 289
126 500
-
-
income
16 014
24 035
-
-
total
16 014
24 035
-
-
Dividends
68 275
102 465
-
-
withholding
10 241
15 370
-
-
total
10 241
15 370
-
-
Income
126 500
126 500
126 500
126 500
Total tax
46 314
39 405
67 105
63 753
After tax
80 186
87 095
59 395
62 747
Living cost
22 154
22 154
22 154
22 154
Free-cash
58 032
64 941
37 241
40 593

Estimated living cost  is ₽22154 per week

₽15204
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.
₽5102
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
₽61121
₽67576
₽47878
₽50765
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.

-
-
-
126 500
income
-
-
-
23 511
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
-
-
-
28 941
Employee
37 890
-
122 701
-
social contributions
3 796
-
3 799
-
income
4 111
-
27 798
-
total
7 907
-
31 597
-
Employer
37 890
-
122 701
-
social contributions
3 796
-
3 799
-
total
3 796
-
3 799
-
Corporate
84 814
126 500
-
-
income
29 685
44 275
-
-
total
29 685
44 275
-
-
Dividends
55 128
82 225
-
-
social contributions
4 364
4 364
-
-
total
4 364
4 364
-
-
Income
126 500
126 500
126 500
126 500
Total tax
45 752
48 639
35 396
28 941
After tax
80 748
77 861
91 104
97 559
Living cost
29 983
29 983
29 983
29 983
Free-cash
50 765
47 878
61 121
67 576

Estimated living cost  is ₽29983 per week

₽19749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
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.
₽7409
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
₽61676
₽63726
₽59660
₽60091
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
-
-
-
126 500
income
-
-
-
18 975
social contributions
-
-
-
17 456
health
-
-
-
8 829
total
-
-
-
45 260
Employee
28 005
-
126 500
-
income
4 671
-
21 025
-
social contributions
3 865
-
17 456
-
health
1 955
-
8 829
-
total
10 491
-
47 310
-
Employer
28 005
-
126 500
-
total
-
-
-
-
Corporate
98 495
126 500
-
-
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%.

4 925
6 325
-
-
total
4 925
6 325
-
-
Dividends
93 570
120 175
-
-
withholding
14 036
18 027
-
-
health
6 531
8 389
-
-
social contributions
12 912
16 585
-
-
total
33 479
43 001
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 895
49 326
47 310
45 260
After tax
77 605
77 174
79 190
81 240
Living cost
17 514
17 514
17 514
17 514
Free-cash
60 091
59 660
61 676
63 726

Estimated living cost  is ₽17514 per week

₽11721
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.
₽4309
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
₽42359
₽47834
₽64423
₽56336
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
-
-
-
126 500
income
-
-
-
12 442
social contributions
-
-
-
26 475
solidarity contribution
-
-
-
-
health
-
-
-
17 077
total
-
-
-
55 994
Employee
33 342
-
95 259
-
solidarity contribution
-
-
-
-
income
4 001
-
11 476
-
social contributions
2 167
-
5 893
-
health
4 501
-
12 860
-
total
10 669
-
30 229
-
Employer
33 342
-
95 259
-
social contributions
8 335
-
22 667
-
health
3 001
-
8 573
-
total
11 336
-
31 240
-
Corporate
81 822
126 500
-
-
income
15 546
24 035
-
-
total
15 546
24 035
-
-
Dividends
66 276
102 465
-
-
withholding
9 941
15 370
-
-
total
9 941
15 370
-
-
Income
126 500
126 500
126 500
126 500
Total tax
47 492
39 405
61 469
55 994
After tax
79 008
87 095
65 031
70 506
Living cost
22 672
22 672
22 672
22 672
Free-cash
56 336
64 423
42 359
47 834

Estimated living cost  is ₽22672 per week

₽16861
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.
₽4164
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
₽91561
₽115596
₽110536
₽108729
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%.

-
-
-
126 500
microenterprise

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

-
-
-
1 265
total
-
-
-
1 265
Employee
12 049
-
126 500
-
income
2 410
-
25 300
-
total
2 410
-
25 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

114 451
126 500
-
-
total
-
-
-
-
Dividends
114 451
126 500
-
-
withholding
5 722
6 325
-
-
total
5 722
6 325
-
-
Income
126 500
126 500
126 500
126 500
Total tax
8 132
6 325
25 300
1 265
After tax
118 368
120 175
101 200
125 235
Living cost
9 639
9 639
9 639
9 639
Free-cash
108 729
110 536
91 561
115 596

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
₽31744
₽31702
₽23863
₽29541
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
-
-
-
126 500
income
-
-
-
18 258
social contributions
-
-
-
3 603
health
-
-
-
4 756
surtax
-
-
-
-
pensions
-
-
-
24 366
other
-
-
-
3 922
total
-
-
-
54 905
Employee
51 731
-
99 081
-
income
4 514
-
18 219
-
social contributions
1 473
-
2 824
-
surtax
-
-
-
-
pensions
5 851
-
6 400
-
total
11 838
-
27 443
-
Employer
51 731
-
99 081
-
unemployment
2 096
-
4 013
-
social contributions
155
-
298
-
pensions
8 500
-
10 863
-
other
1 785
-
3 657
-
health
3 621
-
8 589
-
total
16 157
-
27 420
-
Corporate
58 612
126 500
-
-
income
16 411
35 420
-
-
surtax
-
-
-
-
total
16 411
35 420
-
-
Dividends
42 201
91 080
-
-
withholding
5 401
11 658
-
-
surtax
-
-
-
-
social contributions
7 259
15 666
-
-
total
12 660
27 324
-
-
Income
126 500
126 500
126 500
126 500
Total tax
57 066
62 744
54 863
54 905
After tax
69 434
63 756
71 637
71 595
Living cost
39 893
39 893
39 893
39 893
Free-cash
29 541
23 863
31 744
31 702

Estimated living cost  is ₽39893 per week

₽26999
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.
₽9083
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
₽61073
₽61072
₽77156
₽73104
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.

-
-
-
126 500
income
-
-
-
28 186
health
-
-
-
6 268
unemployment
-
-
-
913
pensions
-
-
-
15 821
total
-
-
-
51 188
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.

21 472
-
115 608
-
income
2 960
-
28 186
-
health
1 106
-
3 134
-
unemployment
161
-
456
-
pensions
3 006
-
8 519
-
total
7 233
-
40 295
-
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.

21 472
-
115 608
-
unemployment
161
-
456
-
pensions
2 577
-
7 302
-
health
1 106
-
3 134
-
total
3 844
-
10 892
-
Corporate
101 184
126 500
-
-
income
15 178
18 975
-
-
total
15 178
18 975
-
-
Dividends
86 006
107 525
-
-
withholding
12 901
16 129
-
-
total
12 901
16 129
-
-
Income
126 500
126 500
126 500
126 500
Total tax
39 156
35 104
51 187
51 188
After tax
87 344
91 396
75 313
75 312
Living cost
14 240
14 240
14 240
14 240
Free-cash
73 104
77 156
61 073
61 072

Estimated living cost  is ₽14240 per week

₽9588
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.
₽3139
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
₽38960
₽44942
₽32
₽24769
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
-
-
-
126 500
regional
-
-
-
6 069
national
-
-
-
1 889
health
-
-
-
285
city
-
-
-
1 333
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.

-
-
-
2 530
pensions
-
-
-
11 638
total
-
-
-
23 744
Employee
67 657
-
113 222
-
regional
2 215
-
5 246
-
city
726
-
1 216
-
health
153
-
255
-
unemployment
-
-
-
-
national
320
-
1 466
-
pensions
5 684
-
9 512
-
total
9 098
-
17 695
-
Employer
67 657
-
113 222
-
unemployment
-
-
-
-
pensions
5 684
-
9 512
-
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
-
2 264
-
health
153
-
255
-
total
7 190
-
12 031
-
Corporate
50 910
126 500
-
-
regional
10 767
26 754
-
-
national
4 327
10 752
-
-
total
15 094
37 506
-
-
Dividends
35 816
88 994
-
-
withholding
12 535
31 148
-
-
total
12 535
31 148
-
-
Income
126 500
126 500
126 500
126 500
Total tax
43 917
68 654
29 726
23 744
After tax
82 583
57 846
96 774
102 756
Living cost
57 814
57 814
57 814
57 814
Free-cash
24 769
32
38 960
44 942

Estimated living cost  is ₽57814 per week

₽37595
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.
₽14320
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
₽35856
₽52640
₽48736
₽50357
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

-
-
-
126 500
municipal
-
-
-
22 481
national
-
-
-
18 065
health
-
-
-
1 603
total
-
-
-
42 149
Employee
43 455
-
106 418
-
health
324
-
1 295
-
unemployment
652
-
1 596
-
national
718
-
11 435
-
municipal
7 118
-
17 342
-
pensions
2 933
-
7 183
-
total
11 745
-
38 851
-
Employer
43 455
-
106 418
-
unemployment
282
-
691
-
pensions
7 539
-
18 464
-
accident
44
-
107
-
health
334
-
820
-
total
8 199
-
20 082
-
Corporate
74 845
126 500
-
-
income
14 969
25 300
-
-
total
14 969
25 300
-
-
Dividends

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

44 907
75 900
-
-
national
1 436
7 091
-
-
municipal
8 083
13 662
-
-
total
9 519
20 753
-
-
Income
126 500
126 500
126 500
126 500
Total tax
44 432
46 053
58 933
42 149
After tax
82 068
80 447
67 567
84 351
Living cost
31 711
31 711
31 711
31 711
Free-cash
50 357
48 736
35 856
52 640

Estimated living cost  is ₽31711 per week

₽20713
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.
₽7444
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
₽15482
₽24986
₽40670
₽28284
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
-
-
-
126 500
national
-
-
-
45 267
social contributions
-
-
-
19 725
communal

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

-
-
-
6 406
total
-
-
-
71 398
Employee

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

59 081
-
97 979
-
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.

2 776
-
4 605
-
communal

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

3 082
-
5 110
-
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
-
853
-
national
18 164
-
34 466
-
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.

4 431
-
7 348
-
total
28 967
-
52 382
-
Employer

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

59 081
-
97 979
-
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
-
1 431
-
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.

5 235
-
8 680
-
surtax
6 699
-
11 110
-
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
-
1 274
-
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
-
6 025
-
total
17 197
-
28 520
-
Corporate
50 221
126 500
-
-
income
10 044
25 300
-
-
surtax
201
506
-
-
total
10 245
25 806
-
-
Dividends
39 976
100 694
-
-
withholding

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

11 691
29 908
-
-
total
11 691
29 908
-
-
Income
126 500
126 500
126 500
126 500
Total tax
68 100
55 714
80 902
71 398
After tax
58 400
70 786
45 598
55 102
Living cost
30 116
30 116
30 116
30 116
Free-cash
28 284
40 670
15 482
24 986

Estimated living cost  is ₽30116 per week

₽19398
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.
₽7613
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
₽31617
₽32442
₽35109
₽34347
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
-
-
-
126 500
municipal
-
-
-
31 292
national
-
-
-
7 244
health
-
-
-
4 644
accident
-
-
-
149
unemployment
-
-
-
74
pensions
-
-
-
8 046
other
-
-
-
8 649
total
-
-
-
60 098
Employee
48 390
-
103 114
-
national
-
-
6 788
-
municipal
14 430
-
30 749
-
total
14 430
-
37 537
-
Employer
48 390
-
103 114
-
unemployment
1 277
-
1 965
-
pensions
5 231
-
8 046
-
other
5 623
-
8 649
-
accident
97
-
149
-
health
2 976
-
4 577
-
total
15 204
-
23 386
-
Corporate
62 905
126 500
-
-
income
13 839
27 830
-
-
total
13 839
27 830
-
-
Dividends
49 066
98 670
-
-
withholding
14 720
29 601
-
-
total
14 720
29 601
-
-
Income
126 500
126 500
126 500
126 500
Total tax
58 193
57 431
60 923
60 098
After tax
68 307
69 069
65 577
66 402
Living cost
33 960
33 960
33 960
33 960
Free-cash
34 347
35 109
31 617
32 442

Estimated living cost  is ₽33960 per week

₽22508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3332
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.
₽7605
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
₽77386
₽49784
₽39325
-₽3562
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
-
-
-
126 500
income
-
-
-
24 657
social contributions
-
-
-
14 421
total
-
-
-
39 078
Employee
53 968
-
-
-
income
11 904
-
-
-
social contributions
4 425
-
631
-
total
16 329
-
631
-
Employer
53 968
-
-
-
social contributions
76 095
-
10 845
-
total
76 095
-
10 845
-
Corporate
-
126 500
-
-
income
-
27 830
-
-
total
-
27 830
-
-
Dividends
-
98 670
-
-
income
-
21 707
-
-
total
-
21 707
-
-
Income
126 500
126 500
126 500
126 500
Total tax
92 424
49 537
11 476
39 078
After tax
34 076
76 963
115 024
87 422
Living cost
37 638
37 638
37 638
37 638
Free-cash
-3 562
39 325
77 386
49 784

Estimated living cost  is ₽37638 per week

₽24421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3540
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.
₽9197
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
₽59459
₽60623
₽65555
₽62130
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
-
-
-
126 500
income
-
-
-
22 497
social contributions
-
-
-
13 364
health
-
-
-
3 226
total
-
-
-
39 087
Employee
63 512
63 512
117 221
-
income
6 669
5 879
21 870
-
social contributions
3 086
5 271
7 110
-
health
632
1 080
1 992
-
total
10 387
12 230
30 972
-
Employer
63 512
63 512
117 221
-
social contributions
3 086
5 271
7 110
-
health
688
1 176
2 169
-
total
3 774
6 447
9 279
-
Corporate
85 548
56 541
-
-
income
10 693
7 067
-
-
total
10 693
7 067
-
-
Dividends
74 855
49 473
-
-
withholding
12 726
8 411
-
-
total
12 726
8 411
-
-
Income
126 500
126 500
126 500
126 500
Total tax
37 580
34 155
40 251
39 087
After tax
88 920
92 345
86 249
87 413
Living cost
26 790
26 790
26 790
26 790
Free-cash
62 130
65 555
59 459
60 623

Estimated living cost  is ₽26790 per week

₽18314
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.
₽5934
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
₽43430
₽54972
₽54432
₽59236
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
-
-
-
126 500
income
-
-
-
34 401
pensions
-
-
-
6 975
total
-
-
-
41 376
Employee
41 388
-
110 657
-
income
7 537
-
26 709
-
health
540
-
1 668
-
pensions
3 159
-
8 698
-
total
11 236
-
37 075
-
Employer
41 388
-
110 657
-
pensions
4 182
-
13 741
-
health
787
-
2 102
-
total
4 969
-
15 843
-
Corporate
80 144
126 500
-
-
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.

15 228
24 034
-
-
total
15 228
24 034
-
-
Dividends
64 916
102 466
-
-
withholding
5 679
17 882
-
-
total
5 679
17 882
-
-
Income
126 500
126 500
126 500
126 500
Total tax
37 112
41 916
52 918
41 376
After tax
89 388
84 584
73 582
85 124
Living cost
30 152
30 152
30 152
30 152
Free-cash
59 236
54 432
43 430
54 972

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
₽21559
₽27166
₽33729
₽29971
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
-
-
-
126 500
municipal
-
-
-
846
regional
-
-
-
2 877
national
-
-
-
30 171
social contributions
-
-
-
32 536
total
-
-
-
66 430
Employee
69 601
-
126 500
-
regional
1 051
-
2 534
-
social contributions
23 469
-
42 656
-
national
11 762
-
26 093
-
municipal
415
-
754
-
total
36 697
-
72 037
-
Employer
69 601
-
126 500
-
total
-
-
-
-
Corporate
56 899
126 500
-
-
nationa
13 655
30 359
-
-
municipal
2 743
6 097
-
-
total
16 398
36 456
-
-
Dividends
40 501
90 043
-
-
withholding
10 530
23 411
-
-
total
10 530
23 411
-
-
Income
126 500
126 500
126 500
126 500
Total tax
63 625
59 867
72 037
66 430
After tax
62 875
66 633
54 463
60 070
Living cost
32 904
32 904
32 904
32 904
Free-cash
29 971
33 729
21 559
27 166

Estimated living cost  is ₽32904 per week

₽23113
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.
₽7030
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
₽51022
₽69243
-₽7030
₽7595
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
-
-
-
126 500
income
-
-
-
34 512
health
-
-
-
1 713
accident
-
-
-
198
pensions
-
-
-
3 267
other
-
-
-
291
total
-
-
-
39 981
Employee
27 175
-
113 185
-
income
3 728
-
25 937
-
health
3 112
-
12 960
-
pensions
3 060
-
5 991
-
total
9 900
-
44 888
-
Employer
27 175
-
113 185
-
unemployment
666
-
2 773
-
pensions
4 419
-
8 651
-
accident
454
-
1 890
-
total
5 539
-
13 314
-
Corporate
93 786
126 500
-
-
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.

84 408
113 850
-
-
total
84 408
113 850
-
-
Dividends
9 378
12 650
-
-
withholding
1 782
2 404
-
-
total
1 782
2 404
-
-
Income
126 500
126 500
126 500
126 500
Total tax
101 629
116 254
58 202
39 981
After tax
24 871
10 246
68 298
86 519
Living cost
17 276
17 276
17 276
17 276
Free-cash
7 595
-7 030
51 022
69 243

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
₽49937
₽37294
₽33247
₽44050
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.

-
-
-
126 500
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.

-
-
-
36 997
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.

-
-
-
5 643
trade
-
-
-
12 643
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.

-
-
-
2 035
total
-
-
-
57 318
Employee

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

41 097
-
126 500
-
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
-
36 997
-
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.

5 643
-
5 643
-
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
-
2 035
-
total
9 209
-
44 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 403
126 500
-
-
chamber of commerce
251
310
-
-
income
12 810
18 975
-
-
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.

705
1 044
-
-
trade
12 256
18 152
-
-
total
26 022
38 481
-
-
Dividends
59 381
88 018
-
-
withholding
14 532
21 691
-
-
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.

799
1 193
-
-
total
15 331
22 884
-
-
Income
126 500
126 500
126 500
126 500
Total tax
50 562
61 365
44 675
57 318
After tax
75 938
65 135
81 825
69 182
Living cost
31 888
31 888
31 888
31 888
Free-cash
44 050
33 247
49 937
37 294

Estimated living cost  is ₽31888 per week

₽21997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3431
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.
₽5997
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
₽59537
₽24538
₽84017
₽77241
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.

-
-
-
126 500
microenterprise
-
-
-
-
income
-
-
-
20 876
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.

-
-
-
31 646
surtax
-
-
-
32 257
total
-
-
-
84 779
Employee
24 135
-
91 291
-
income
4 296
-
17 746
-
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
-
10 042
-
surtax
-
-
-
-
total
6 951
-
27 788
-
Employer
24 135
-
91 291
-
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.

5 814
-
21 992
-
surtax
-
-
-
-
total
5 814
-
21 992
-
Corporate
96 551
126 500
-
-
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%.

19 311
25 300
-
-
total
19 311
25 300
-
-
Dividends

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

77 241
101 200
-
-
total
-
-
-
-
Income
126 500
126 500
126 500
126 500
Total tax
32 076
25 300
49 780
84 779
After tax
94 424
101 200
76 720
41 721
Living cost
17 183
17 183
17 183
17 183
Free-cash
77 241
84 017
59 537
24 538

Estimated living cost  is ₽17183 per week

₽10963
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
₽64529
₽65287
₽68265
₽66511
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
-
-
-
126 500
income
-
-
-
37 115
health
-
-
-
5 643
pensions
-
-
-
7 784
total
-
-
-
50 542
Employee
16 253
-
117 743
-
income
3 144
-
36 706
-
health
813
-
1 946
-
unemployment
163
-
389
-
pensions
1 463
-
3 503
-
total
5 583
-
42 544
-
Employer
16 253
-
117 743
-
unemployment
325
-
778
-
pensions
1 788
-
4 281
-
health
1 544
-
3 697
-
total
3 657
-
8 756
-
Corporate
106 590
126 500
-
-
income
23 450
27 830
-
-
total
23 450
27 830
-
-
Dividends
83 140
98 670
-
-
withholding
16 628
19 734
-
-
total
16 628
19 734
-
-
Income
126 500
126 500
126 500
126 500
Total tax
49 318
47 564
51 300
50 542
After tax
77 182
78 936
75 200
75 958
Living cost
10 671
10 671
10 671
10 671
Free-cash
66 511
68 265
64 529
65 287

Estimated living cost  is ₽10671 per week

₽6341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽244
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.
₽3220
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
₽37279
₽41479
₽61016
₽58389
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
-
-
-
126 500
income
-
-
-
31 798
health
-
-
-
7 826
unemployment
-
-
-
188
surtax
-
-
-
4 610
pensions
-
-
-
22 047
other
-
-
-
-
total
-
-
-
66 469
Employee
27 815
-
104 501
-
other
-
-
-
-
income
4 663
-
27 818
-
health
710
-
2 665
-
unemployment
1 936
-
7 273
-
surtax
99
-
3 945
-
pensions
1 856
-
6 970
-
total
9 264
-
48 671
-
Employer
27 815
-
104 501
-
unemployment
882
-
3 312
-
pensions
3 709
-
13 930
-
other
-
-
-
-
health
1 265
-
4 756
-
total
5 856
-
21 998
-
Corporate
92 829
126 500
-
-
income
24 135
32 891
-
-
total
24 135
32 891
-
-
Dividends
68 694
93 609
-
-
withholding
10 304
14 041
-
-
total
10 304
14 041
-
-
Income
126 500
126 500
126 500
126 500
Total tax
49 559
46 932
70 669
66 469
After tax
76 941
79 568
55 831
60 031
Living cost
18 552
18 552
18 552
18 552
Free-cash
58 389
61 016
37 279
41 479

Estimated living cost  is ₽18552 per week

₽11201
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.
₽5309
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
₽6700
₽38685
₽43911
₽43502
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
-
-
-
126 500
income
-
-
-
30 660
chamber of commerce
-
-
-