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
₽58390
₽45299
₽48726
₽62072
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
unemployment
-
-
-
530
income
-
-
-
32 604
other
-
-
-
76
accident
-
-
-
682
pensions
-
-
-
21 423
total
-
-
-
55 315
Employee
30 199
-
102 367
-
unemployment
468
-
1 173
-
pensions
1 420
-
3 559
-
income
5 822
-
29 800
-
other
29
-
76
-
total
7 739
-
34 608
-
Employer
30 199
-
102 367
-
pensions
7 126
-
17 866
-
accident
598
-
1 499
-
unemployment
1 661
-
4 163
-
other
242
-
606
-
total
9 627
-
24 134
-
Corporate
86 673
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.

13 000
18 975
-
-
total
13 000
18 975
-
-
Dividends
73 673
107 525
-
-
withholding
15 285
22 994
-
-
total
15 285
22 994
-
-
Income
126 500
126 500
126 500
126 500
Total tax
45 651
41 969
58 742
55 315
After tax
80 849
84 531
67 758
71 185
Living cost
22 459
22 459
22 459
22 459
Free-cash
58 390
62 072
45 299
48 726

Estimated living cost  is ₽22459 per week

₽15159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4747
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
₽65663
₽50348
₽45691
₽71177
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
pensions

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

-
-
-
29 807
income
-
-
-
17 876
other
-
-
-
5 899
health
-
-
-
5 465
total
-
-
-
59 047
Employee
29 654
-
101 035
-
health
415
-
1 415
-
unemployment
296
-
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.

2 075
-
7 074
-
income
5 105
-
19 428
-
total
7 891
-
28 928
-
Employer
29 654
-
101 035
-
health
415
-
1 415
-
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.

5 042
-
17 176
-
accident
237
-
809
-
unemployment
296
-
1 011
-
other
1 483
-
5 051
-
total
7 473
-
25 462
-
Corporate
89 372
126 500
-
-
income
18 768
26 565
-
-
total
18 768
26 565
-
-
Dividends
70 605
99 935
-
-
withholding
4 943
6 996
-
-
total
4 943
6 996
-
-
Income
126 500
126 500
126 500
126 500
Total tax
39 075
33 561
54 390
59 047
After tax
87 425
92 939
72 110
67 453
Living cost
21 762
21 762
21 762
21 762
Free-cash
65 663
71 177
50 348
45 691

Estimated living cost  is ₽21762 per week

₽15376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽4566
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
₽93653
₽93970
₽89197
₽97448
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
pensions

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

-
-
-
4 223
unemployment
-
-
-
114
income
-
-
-
18 975
health
-
-
-
3 281
total
-
-
-
26 593
Employee
14 181
-
120 902
-
health
652
-
1 312
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
pensions

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

1 245
-
2 505
-
income
1 418
-
12 091
-
total
3 471
-
16 222
-
Employer
14 181
-
120 902
-
health
979
-
1 969
-
pensions

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

1 563
-
3 144
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
171
-
total
2 783
-
5 598
-
Corporate
109 536
126 500
-
-
income
10 954
12 650
-
-
total
10 954
12 650
-
-
Dividends
98 582
113 850
-
-
withholding
4 929
5 692
-
-
total
4 929
5 692
-
-
Income
126 500
126 500
126 500
126 500
Total tax
22 137
18 342
21 820
26 593
After tax
104 363
108 158
104 680
99 907
Living cost
10 710
10 710
10 710
10 710
Free-cash
93 653
97 448
93 970
89 197

Estimated living cost  is ₽10710 per week

₽6253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽284
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.
₽3409
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
₽40640
₽43511
₽43625
₽35814
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
-
-
-
18 387
other
-
-
-
3 921
health
-
-
-
4 808
social contributions
-
-
-
3 605
pensions
-
-
-
24 211
surtax
-
-
-
-
total
-
-
-
54 932
Employee
34 954
-
98 991
-
pensions
3 952
-
6 430
-
income
2 063
-
18 284
-
social contributions
997
-
2 821
-
surtax
-
-
-
-
total
7 012
-
27 535
-
Employer
34 954
-
98 991
-
health
2 447
-
8 625
-
social contributions
105
-
298
-
pensions
5 742
-
10 909
-
unemployment
1 415
-
4 010
-
other
1 206
-
3 669
-
total
10 915
-
27 511
-
Corporate
80 630
126 500
-
-
income
22 576
35 420
-
-
surtax
-
-
-
-
total
22 576
35 420
-
-
Dividends
58 054
91 080
-
-
social contributions
9 984
15 665
-
-
surtax
-
-
-
-
withholding
7 430
11 658
-
-
total
17 414
27 323
-
-
Income
126 500
126 500
126 500
126 500
Total tax
57 917
62 743
55 046
54 932
After tax
68 583
63 757
71 454
71 568
Living cost
27 943
27 943
27 943
27 943
Free-cash
40 640
35 814
43 511
43 625

Estimated living cost  is ₽27943 per week

₽17619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7577
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
₽23154
₽42935
₽36833
₽28156
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
pensions
-
-
-
9 569
income
-
-
-
35 813
health
-
-
-
10 071
total
-
-
-
55 453
Employee
69 745
69 745
111 322
-
health
10 705
9 106
10 071
-
pensions
12 554
9 569
9 569
-
income

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

11 416
11 416
14 533
-
total
34 675
30 091
34 173
-
Employer
69 745
69 745
111 322
-
health
4 848
4 848
6 024
-
pensions
4 854
4 854
6 034
-
unemployment
2 511
2 511
3 120
-
total
12 213
12 213
15 178
-
Corporate
45 398
44 542
-
-
income
9 079
8 909
-
-
total
9 079
8 909
-
-
Dividends
36 318
35 633
-
-
income
7 717
7 571
-
-
withholding
5 448
5 346
-
-
total
13 165
12 917
-
-
Income
126 500
126 500
126 500
126 500
Total tax
69 132
64 130
49 351
55 453
After tax
57 368
62 370
77 149
71 047
Living cost
34 214
34 214
34 214
34 214
Free-cash
23 154
28 156
42 935
36 833

Estimated living cost  is ₽34214 per week

₽24246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽6339
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
₽48125
₽56961
₽43018
₽39094
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
trade
-
-
-
13 943
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.

-
-
-
37 177
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.

-
-
-
5 580
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.

-
-
-
2 044
total
-
-
-
58 744
Employee

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

31 238
-
126 500
-
health

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

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

5 580
-
5 580
-
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.

873
-
37 177
-
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.

48
-
2 044
-
total
6 501
-
44 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 262
126 500
-
-
income
14 290
18 975
-
-
trade
15 004
19 924
-
-
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.

786
1 043
-
-
chamber of commerce
260
305
-
-
total
30 340
40 247
-
-
Dividends
64 921
86 253
-
-
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.

876
1 169
-
-
withholding
15 920
21 252
-
-
total
16 796
22 421
-
-
Income
126 500
126 500
126 500
126 500
Total tax
53 637
62 668
44 801
58 744
After tax
72 863
63 832
81 699
67 756
Living cost
24 738
24 738
24 738
24 738
Free-cash
48 125
39 094
56 961
43 018

Estimated living cost  is ₽24738 per week

₽15561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
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.
₽5831
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
₽68986
₽67263
₽68424
₽73431
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
-
-
-
22 728
health
-
-
-
3 225
social contributions
-
-
-
13 214
total
-
-
-
39 167
Employee
62 802
62 802
117 300
-
health
487
1 068
1 995
-
income
6 838
5 814
22 103
-
social contributions
2 374
5 212
7 030
-
total
9 699
12 094
31 128
-
Employer
62 802
62 802
117 300
-
health
529
1 162
2 170
-
social contributions
2 374
5 212
7 030
-
total
2 903
6 374
9 200
-
Corporate
94 988
57 323
-
-
income
11 874
7 165
-
-
total
11 874
7 165
-
-
Dividends
83 115
50 158
-
-
withholding
14 129
8 527
-
-
total
14 129
8 527
-
-
Income
126 500
126 500
126 500
126 500
Total tax
38 605
34 160
40 328
39 167
After tax
87 895
92 340
86 172
87 333
Living cost
18 909
18 909
18 909
18 909
Free-cash
68 986
73 431
67 263
68 424

Estimated living cost  is ₽18909 per week

₽11333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
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.
₽5304
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
₽45512
₽33653
₽42747
₽46335
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
-
-
-
14 176
social contributions

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

-
-
-
43 959
surtax
-
-
-
-
total
-
-
-
58 135
Employee
37 563
-
102 223
-
income
7 813
-
31 708
-
social contributions
4 132
-
11 244
-
surtax
-
-
-
-
total
11 945
-
42 952
-
Employer
37 563
-
102 223
-
social contributions
8 921
-
24 277
-
total
8 921
-
24 277
-
Corporate
80 016
126 500
-
-
income
16 804
26 565
-
-
surtax
-
-
-
-
total
16 804
26 565
-
-
Dividends
63 212
99 935
-
-
withholding
17 700
27 982
-
-
total
17 700
27 982
-
-
Income
126 500
126 500
126 500
126 500
Total tax
55 370
54 547
67 229
58 135
After tax
71 130
71 953
59 271
68 365
Living cost
25 618
25 618
25 618
25 618
Free-cash
45 512
46 335
33 653
42 747

Estimated living cost  is ₽25618 per week

₽19167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4512
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
₽112943
₽95109
₽119144
₽114084
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
7 613
-
126 500
-
income
1 522
-
25 300
-
total
1 522
-
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%.

118 887
126 500
-
-
total
-
-
-
-
Dividends
118 887
126 500
-
-
withholding
5 944
6 325
-
-
total
5 944
6 325
-
-
Income
126 500
126 500
126 500
126 500
Total tax
7 466
6 325
25 300
1 265
After tax
119 034
120 175
101 200
125 235
Living cost
6 091
6 091
6 091
6 091
Free-cash
112 943
114 084
95 109
119 144

Estimated living cost  is ₽6091 per week

₽3775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
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.
₽1642
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
₽58357
₽37407
₽40759
₽65188
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
pensions
-
-
-
23 103
unemployment
-
-
-
189
income
-
-
-
28 096
health
-
-
-
12 447
total
-
-
-
63 835
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.

36 116
-
109 457
-
health
2 333
-
7 072
-
unemployment
51
-
153
-
pensions
5 598
-
16 967
-
income
6 228
-
25 952
-
total
14 210
-
50 144
-
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.

36 116
-
109 457
-
health
2 405
-
7 291
-
pensions
3 196
-
9 687
-
unemployment
22
-
65
-
total
5 623
-
17 043
-
Corporate
84 761
126 500
-
-
income
16 105
24 036
-
-
total
16 105
24 036
-
-
Dividends
68 656
102 464
-
-
withholding
10 299
15 370
-
-
total
10 299
15 370
-
-
Income
126 500
126 500
126 500
126 500
Total tax
46 237
39 406
67 187
63 835
After tax
80 263
87 094
59 313
62 665
Living cost
21 906
21 906
21 906
21 906
Free-cash
58 357
65 188
37 407
40 759

Estimated living cost  is ₽21906 per week

₽15034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5045
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
₽51117
₽61356
₽68435
₽48262
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
-
-
-
23 248
health

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

-
-
-
5 170
total
-
-
-
28 418
Employee
37 466
-
122 743
-
social contributions
3 754
-
3 757
-
income
4 065
-
27 983
-
total
7 819
-
31 740
-
Employer
37 466
-
122 743
-
social contributions
3 754
-
3 757
-
total
3 754
-
3 757
-
Corporate
85 280
126 500
-
-
income
29 848
44 276
-
-
total
29 848
44 276
-
-
Dividends
55 432
82 224
-
-
social contributions
4 315
4 315
-
-
total
4 315
4 315
-
-
Income
126 500
126 500
126 500
126 500
Total tax
45 736
48 591
35 497
28 418
After tax
80 764
77 909
91 003
98 082
Living cost
29 647
29 647
29 647
29 647
Free-cash
51 117
48 262
61 356
68 435

Estimated living cost  is ₽29647 per week

₽19529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7326
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
₽60281
₽61822
₽63921
₽59858
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
-
-
-
8 830
social contributions
-
-
-
17 456
total
-
-
-
45 261
Employee
27 692
-
126 500
-
health
1 933
-
8 830
-
income
4 619
-
21 074
-
social contributions
3 822
-
17 456
-
total
10 374
-
47 360
-
Employer
27 692
-
126 500
-
total
-
-
-
-
Corporate
98 808
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%.

4 941
6 325
-
-
total
4 941
6 325
-
-
Dividends
93 867
120 175
-
-
social contributions
12 954
16 584
-
-
withholding
14 081
18 027
-
-
health
6 551
8 388
-
-
total
33 586
42 999
-
-
Income
126 500
126 500
126 500
126 500
Total tax
48 901
49 324
47 360
45 261
After tax
77 599
77 176
79 140
81 239
Living cost
17 318
17 318
17 318
17 318
Free-cash
60 281
59 858
61 822
63 921

Estimated living cost  is ₽17318 per week

₽11590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
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.
₽4261
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
₽56200
₽42171
₽47637
₽64324
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
-
-
-
12 425
health
-
-
-
17 077
social contributions
-
-
-
26 590
solidarity contribution
-
-
-
-
total
-
-
-
56 092
Employee
33 486
-
95 169
-
health
4 521
-
12 848
-
solidarity contribution
-
-
-
-
income
4 018
-
11 460
-
social contributions
2 177
-
5 919
-
total
10 716
-
30 227
-
Employer
33 486
-
95 169
-
health
3 014
-
8 565
-
social contributions
8 372
-
22 766
-
total
11 386
-
31 331
-
Corporate
81 629
126 500
-
-
income
15 509
24 035
-
-
total
15 509
24 035
-
-
Dividends
66 119
102 465
-
-
withholding
9 918
15 370
-
-
total
9 918
15 370
-
-
Income
126 500
126 500
126 500
126 500
Total tax
47 529
39 405
61 558
56 092
After tax
78 971
87 095
64 942
70 408
Living cost
22 771
22 771
22 771
22 771
Free-cash
56 200
64 324
42 171
47 637

Estimated living cost  is ₽22771 per week

₽16934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4182
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
₽108903
₽91708
₽115744
₽110684
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
11 865
-
126 500
-
income
2 373
-
25 300
-
total
2 373
-
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%.

114 635
126 500
-
-
total
-
-
-
-
Dividends
114 635
126 500
-
-
withholding
5 732
6 325
-
-
total
5 732
6 325
-
-
Income
126 500
126 500
126 500
126 500
Total tax
8 105
6 325
25 300
1 265
After tax
118 395
120 175
101 200
125 235
Living cost
9 492
9 492
9 492
9 492
Free-cash
108 903
110 684
91 708
115 744

Estimated living cost  is ₽9492 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
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.
₽2352
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
₽29924
₽32007
₽32121
₽24310
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
-
-
-
18 387
other
-
-
-
3 921
health
-
-
-
4 808
social contributions
-
-
-
3 605
pensions
-
-
-
24 211
surtax
-
-
-
-
total
-
-
-
54 932
Employee
51 153
-
98 991
-
pensions
5 786
-
6 430
-
income
4 463
-
18 284
-
social contributions
1 457
-
2 821
-
surtax
-
-
-
-
total
11 706
-
27 535
-
Employer
51 153
-
98 991
-
health
3 580
-
8 625
-
social contributions
153
-
298
-
pensions
8 405
-
10 909
-
unemployment
2 072
-
4 010
-
other
1 765
-
3 669
-
total
15 975
-
27 511
-
Corporate
59 371
126 500
-
-
income
16 624
35 420
-
-
surtax
-
-
-
-
total
16 624
35 420
-
-
Dividends
42 747
91 080
-
-
social contributions
7 353
15 665
-
-
surtax
-
-
-
-
withholding
5 471
11 658
-
-
total
12 824
27 323
-
-
Income
126 500
126 500
126 500
126 500
Total tax
57 129
62 743
55 046
54 932
After tax
69 371
63 757
71 454
71 568
Living cost
39 447
39 447
39 447
39 447
Free-cash
29 924
24 310
32 007
32 121

Estimated living cost  is ₽39447 per week

₽26697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
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.
₽8982
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
₽73319
₽61468
₽61468
₽77323
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
pensions
-
-
-
15 637
unemployment
-
-
-
902
income
-
-
-
28 226
health
-
-
-
6 194
total
-
-
-
50 959
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.

21 222
-
115 735
-
health
1 093
-
3 097
-
unemployment
159
-
451
-
pensions
2 971
-
8 420
-
income
2 925
-
28 226
-
total
7 148
-
40 194
-
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.

21 222
-
115 735
-
health
1 093
-
3 097
-
pensions
2 547
-
7 217
-
unemployment
159
-
451
-
total
3 799
-
10 765
-
Corporate
101 480
126 500
-
-
income
15 222
18 975
-
-
total
15 222
18 975
-
-
Dividends
86 258
107 525
-
-
withholding
12 939
16 129
-
-
total
12 939
16 129
-
-
Income
126 500
126 500
126 500
126 500
Total tax
39 108
35 104
50 959
50 959
After tax
87 392
91 396
75 541
75 541
Living cost
14 073
14 073
14 073
14 073
Free-cash
73 319
77 323
61 468
61 468

Estimated living cost  is ₽14073 per week

₽9476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
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.
₽3102
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
₽25357
₽39916
₽45820
₽1065
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
pensions
-
-
-
11 638
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
health
-
-
-
284
regional
-
-
-
6 141
national
-
-
-
1 973
total
-
-
-
23 899
Employee
66 448
-
113 225
-
health
150
-
255
-
unemployment
-
-
-
-
city
713
-
1 216
-
pensions
5 583
-
9 510
-
regional
2 176
-
5 298
-
national
315
-
1 494
-
total
8 937
-
17 773
-
Employer
66 448
-
113 225
-
health
150
-
255
-
pensions
5 583
-
9 510
-
unemployment
-
-
-
-
other

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

1 329
-
2 265
-
total
7 062
-
12 030
-
Corporate
52 260
126 500
-
-
regional
11 053
26 755
-
-
national
4 442
10 752
-
-
total
15 495
37 507
-
-
Dividends
36 765
88 993
-
-
withholding
12 868
31 147
-
-
total
12 868
31 147
-
-
Income
126 500
126 500
126 500
126 500
Total tax
44 362
68 654
29 803
23 899
After tax
82 138
57 846
96 697
102 601
Living cost
56 781
56 781
56 781
56 781
Free-cash
25 357
1 065
39 916
45 820

Estimated living cost  is ₽56781 per week

₽36924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
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.
₽14064
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
₽50625
₽36108
₽52758
₽48989
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
health
-
-
-
1 607
national
-
-
-
18 298
total
-
-
-
42 386
Employee
42 969
-
106 418
-
health
321
-
1 297
-
unemployment
645
-
1 596
-
pensions
2 900
-
7 184
-
national
710
-
11 535
-
municipal
7 038
-
17 342
-
total
11 614
-
38 954
-
Employer
42 969
-
106 418
-
health
330
-
820
-
pensions
7 455
-
18 464
-
accident
43
-
107
-
unemployment
279
-
691
-
total
8 107
-
20 082
-
Corporate
75 423
126 500
-
-
income
15 085
25 300
-
-
total
15 085
25 300
-
-
Dividends

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

45 254
75 900
-
-
municipal
8 146
13 662
-
-
national
1 567
7 193
-
-
total
9 713
20 855
-
-
Income
126 500
126 500
126 500
126 500
Total tax
44 519
46 155
59 036
42 386
After tax
81 981
80 345
67 464
84 114
Living cost
31 356
31 356
31 356
31 356
Free-cash
50 625
48 989
36 108
52 758

Estimated living cost  is ₽31356 per week

₽20482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽7360
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
₽28755
₽15728
₽25241
₽41005
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
communal

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

-
-
-
6 407
social contributions
-
-
-
19 706
national
-
-
-
45 367
total
-
-
-
71 480
Employee

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

58 421
-
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.

2 745
-
4 605
-
communal

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

3 047
-
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.

508
-
852
-
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.

4 382
-
7 348
-
national
17 961
-
34 556
-
total
28 643
-
52 471
-
Employer

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

58 421
-
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.

3 593
-
6 026
-
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.

5 177
-
8 681
-
surtax
6 624
-
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.

759
-
1 274
-
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.

852
-
1 431
-
total
17 005
-
28 522
-
Corporate
51 074
126 500
-
-
income
10 215
25 300
-
-
surtax
205
505
-
-
total
10 420
25 805
-
-
Dividends
40 654
100 694
-
-
withholding

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

11 898
29 911
-
-
total
11 898
29 911
-
-
Income
126 500
126 500
126 500
126 500
Total tax
67 966
55 716
80 993
71 480
After tax
58 534
70 784
45 507
55 020
Living cost
29 779
29 779
29 779
29 779
Free-cash
28 755
41 005
15 728
25 241

Estimated living cost  is ₽29779 per week

₽19181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽7528
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
₽33050
₽30656
₽31519
₽33839
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
unemployment
-
-
-
77
municipal
-
-
-
31 052
other
-
-
-
8 972
health
-
-
-
4 818
national
-
-
-
6 332
accident
-
-
-
154
pensions
-
-
-
8 346
total
-
-
-
59 751
Employee
50 199
-
102 240
-
national
-
-
5 868
-
municipal
14 969
-
30 488
-
total
14 969
-
36 356
-
Employer
50 199
-
102 240
-
health
3 087
-
4 748
-
pensions
5 426
-
8 346
-
accident
100
-
154
-
unemployment
1 325
-
2 038
-
other
5 833
-
8 972
-
total
15 771
-
24 258
-
Corporate
60 529
126 500
-
-
income
13 316
27 830
-
-
total
13 316
27 830
-
-
Dividends
47 212
98 670
-
-
withholding
14 164
29 601
-
-
total
14 164
29 601
-
-
Income
126 500
126 500
126 500
126 500
Total tax
58 220
57 431
60 614
59 751
After tax
68 280
69 069
65 886
66 749
Living cost
35 230
35 230
35 230
35 230
Free-cash
33 050
33 839
30 656
31 519

Estimated living cost  is ₽35230 per week

₽23349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7889
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
-₽7494
₽75901
₽48646
₽38187
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
55 599
-
-
-
income
12 264
-
-
-
social contributions
4 559
-
650
-
total
16 823
-
650
-
Employer
55 599
-
-
-
social contributions
78 395
-
11 173
-
total
78 395
-
11 173
-
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
95 218
49 537
11 823
39 078
After tax
31 282
76 963
114 677
87 422
Living cost
38 776
38 776
38 776
38 776
Free-cash
-7 494
38 187
75 901
48 646

Estimated living cost  is ₽38776 per week

₽25159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
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.
₽9475
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
₽62461
₽59682
₽60843
₽65850
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
-
-
-
22 728
health
-
-
-
3 225
social contributions
-
-
-
13 214
total
-
-
-
39 167
Employee
62 802
62 802
117 300
-
health
625
1 068
1 995
-
income
6 595
5 814
22 103
-
social contributions
3 052
5 212
7 030
-
total
10 272
12 094
31 128
-
Employer
62 802
62 802
117 300
-
health
680
1 162
2 170
-
social contributions
3 052
5 212
7 030
-
total
3 732
6 374
9 200
-
Corporate
86 006
57 323
-
-
income
10 752
7 165
-
-
total
10 752
7 165
-
-
Dividends
75 255
50 158
-
-
withholding
12 793
8 527
-
-
total
12 793
8 527
-
-
Income
126 500
126 500
126 500
126 500
Total tax
37 549
34 160
40 328
39 167
After tax
88 951
92 340
86 172
87 333
Living cost
26 490
26 490
26 490
26 490
Free-cash
62 461
65 850
59 682
60 843

Estimated living cost  is ₽26490 per week

₽18109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽5868
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
₽59583
₽44131
₽55645
₽54942
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
-
-
-
34 929
pensions
-
-
-
6 819
total
-
-
-
41 748
Employee
39 953
-
110 611
-
health
521
-
1 648
-
pensions
3 049
-
8 472
-
income
7 276
-
27 253
-
total
10 846
-
37 373
-
Employer
39 953
-
110 611
-
health
759
-
2 102
-
pensions
4 037
-
13 787
-
total
4 796
-
15 889
-
Corporate
81 751
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.

15 532
24 035
-
-
total
15 532
24 035
-
-
Dividends
66 219
102 465
-
-
withholding
6 636
18 416
-
-
total
6 636
18 416
-
-
Income
126 500
126 500
126 500
126 500
Total tax
37 810
42 451
53 262
41 748
After tax
88 690
84 049
73 238
84 752
Living cost
29 107
29 107
29 107
29 107
Free-cash
59 583
54 942
44 131
55 645

Estimated living cost  is ₽29107 per week

₽19967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
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.
₽6097
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
₽30382
₽21854
₽27439
₽34095
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
-
-
-
2 879
social contributions
-
-
-
32 535
national
-
-
-
30 265
total
-
-
-
66 525
Employee
68 822
-
126 500
-
social contributions
23 206
-
42 656
-
regional
1 039
-
2 542
-
national
11 630
-
26 157
-
municipal
411
-
755
-
total
36 286
-
72 110
-
Employer
68 822
-
126 500
-
total
-
-
-
-
Corporate
57 678
126 500
-
-
nationa
13 842
30 361
-
-
municipal
2 780
6 097
-
-
total
16 622
36 458
-
-
Dividends
41 055
90 042
-
-
withholding
10 674
23 411
-
-
total
10 674
23 411
-
-
Income
126 500
126 500
126 500
126 500
Total tax
63 582
59 869
72 110
66 525
After tax
62 918
66 631
54 390
59 975
Living cost
32 536
32 536
32 536
32 536
Free-cash
30 382
34 095
21 854
27 439

Estimated living cost  is ₽32536 per week

₽22855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽6951
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
₽7595
₽51002
₽69229
-₽7045
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
pensions
-
-
-
3 270
income
-
-
-
34 507
other
-
-
-
291
health
-
-
-
1 714
accident
-
-
-
198
total
-
-
-
39 980
Employee
27 200
-
113 178
-
health
3 114
-
12 959
-
pensions
3 063
-
5 996
-
income
3 732
-
25 930
-
total
9 909
-
44 885
-
Employer
27 200
-
113 178
-
pensions
4 423
-
8 659
-
accident
454
-
1 890
-
unemployment
666
-
2 773
-
total
5 543
-
13 322
-
Corporate
93 756
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.

84 381
113 850
-
-
total
84 381
113 850
-
-
Dividends
9 376
12 650
-
-
withholding
1 781
2 404
-
-
total
1 781
2 404
-
-
Income
126 500
126 500
126 500
126 500
Total tax
101 614
116 254
58 207
39 980
After tax
24 886
10 246
68 293
86 520
Living cost
17 291
17 291
17 291
17 291
Free-cash
7 595
-7 045
51 002
69 229

Estimated living cost  is ₽17291 per week

₽12673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽44284
₽50168
₽37464
₽33602
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
trade
-
-
-
12 704
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.

-
-
-
37 177
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.

-
-
-
5 580
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.

-
-
-
2 044
total
-
-
-
57 505
Employee

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

40 637
-
126 500
-
health

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

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

5 580
-
5 580
-
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.

3 342
-
37 177
-
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.

184
-
2 044
-
total
9 106
-
44 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 863
126 500
-
-
income
12 880
18 975
-
-
trade
12 322
18 152
-
-
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.

708
1 043
-
-
chamber of commerce
250
310
-
-
total
26 160
38 480
-
-
Dividends
59 704
88 019
-
-
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.

804
1 193
-
-
withholding
14 615
21 694
-
-
total
15 419
22 887
-
-
Income
126 500
126 500
126 500
126 500
Total tax
50 685
61 367
44 801
57 505
After tax
75 815
65 133
81 699
68 995
Living cost
31 531
31 531
31 531
31 531
Free-cash
44 284
33 602
50 168
37 464

Estimated living cost  is ₽31531 per week

₽21751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽5930
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
₽77509
₽59567
₽24991
₽84209
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
income
-
-
-
20 968
microenterprise
-
-
-
-
social contributions

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

-
-
-
31 292
surtax
-
-
-
32 258
total
-
-
-
84 518
Employee
23 865
-
91 562
-
income
4 248
-
17 813
-
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.

2 626
-
10 071
-
surtax
-
-
-
-
total
6 874
-
27 884
-
Employer
23 865
-
91 562
-
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.

5 749
-
22 058
-
surtax
-
-
-
-
total
5 749
-
22 058
-
Corporate
96 886
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%.

19 377
25 300
-
-
total
19 377
25 300
-
-
Dividends

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

77 510
101 200
-
-
total
-
-
-
-
Income
126 500
126 500
126 500
126 500
Total tax
32 000
25 300
49 942
84 518
After tax
94 500
101 200
76 558
41 982
Living cost
16 991
16 991
16 991
16 991
Free-cash
77 509
84 209
59 567
24 991

Estimated living cost  is ₽16991 per week

₽10840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
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.
₽4147
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
₽67258
₽65591
₽66305
₽68906
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
-
-
-
37 545
health
-
-
-
5 304
pensions
-
-
-
7 316
total
-
-
-
50 165
Employee
15 276
-
118 270
-
health
764
-
1 829
-
unemployment
153
-
366
-
pensions
1 375
-
3 292
-
income
2 955
-
37 161
-
total
5 247
-
42 648
-
Employer
15 276
-
118 270
-
health
1 451
-
3 475
-
pensions
1 680
-
4 024
-
unemployment
306
-
732
-
total
3 437
-
8 231
-
Corporate
107 786
126 500
-
-
income
23 713
27 830
-
-
total
23 713
27 830
-
-
Dividends
84 073
98 670
-
-
withholding
16 815
19 734
-
-
total
16 815
19 734
-
-
Income
126 500
126 500
126 500
126 500
Total tax
49 212
47 564
50 879
50 165
After tax
77 288
78 936
75 621
76 335
Living cost
10 030
10 030
10 030
10 030
Free-cash
67 258
68 906
65 591
66 305

Estimated living cost  is ₽10030 per week

₽5960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽813
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
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.
₽3027
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
₽58625
₽37325
₽41685
₽61223
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
pensions
-
-
-
21 801
unemployment
-
-
-
186
income
-
-
-
32 080
other
-
-
-
-
health
-
-
-
7 739
surtax
-
-
-
4 664
total
-
-
-
66 470
Employee
27 504
-
104 502
-
health
702
-
2 666
-
unemployment
1 914
-
7 274
-
pensions
1 835
-
6 970
-
income
4 611
-
27 948
-
other
-
-
-
-
surtax
98
-
3 975
-
total
9 160
-
48 833
-
Employer
27 504
-
104 502
-
health
1 251
-
4 755
-
pensions
3 667
-
13 930
-
unemployment
873
-
3 312
-
other
-
-
-
-
total
5 791
-
21 997
-
Corporate
93 205
126 500
-
-
income
24 234
32 890
-
-
total
24 234
32 890
-
-
Dividends
68 971
93 610
-
-
withholding
10 345
14 042
-
-
total
10 345
14 042
-
-
Income
126 500
126 500
126 500
126 500
Total tax
49 530
46 932
70 830
66 470
After tax
76 970
79 568
55 670
60 030
Living cost
18 345
18 345
18 345
18 345
Free-cash
58 625
61 223
37 325
41 685

Estimated living cost  is ₽18345 per week

₽11075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
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.
₽5249
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
₽43785
₽7063
₽38984
₽44191
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
pensions
-
-
-
17 652
chamber of commerce
-
-