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
₽ 127500
per

Your estimated
City
free-cash

Valencia , Spain
₽57052
₽43719
₽47699
₽61158
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
-
-
-
127 500
unemployment
-
-
-
570
income
-
-
-
31 214
other
-
-
-
82
accident
-
-
-
734
pensions
-
-
-
23 043
total
-
-
-
55 643
Employee
32 483
-
101 542
-
unemployment
503
-
1 262
-
pensions
1 527
-
3 828
-
income
6 262
-
28 492
-
other
32
-
82
-
total
8 324
-
33 664
-
Employer
32 483
-
101 542
-
pensions
7 665
-
19 217
-
accident
644
-
1 612
-
unemployment
1 787
-
4 478
-
other
260
-
652
-
total
10 356
-
25 959
-
Corporate
84 661
127 500
-
-
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.

12 698
19 125
-
-
total
12 698
19 125
-
-
Dividends
71 963
108 375
-
-
withholding
14 912
23 059
-
-
total
14 912
23 059
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 290
42 184
59 623
55 643
After tax
81 210
85 316
67 877
71 857
Living cost
24 158
24 158
24 158
24 158
Free-cash
57 052
61 158
43 719
47 699

Estimated living cost  is ₽24158 per week

₽16306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2322
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.
₽5106
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
₽64335
₽49506
₽44234
₽70267
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
-
-
-
127 500
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.

-
-
-
30 600
income
-
-
-
17 591
other
-
-
-
6 057
health
-
-
-
5 610
total
-
-
-
59 858
Employee
31 897
-
101 835
-
health
447
-
1 425
-
unemployment
318
-
1 019
-
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.

2 232
-
7 129
-
income
5 491
-
19 348
-
total
8 488
-
28 921
-
Employer
31 897
-
101 835
-
health
447
-
1 425
-
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.

5 423
-
17 313
-
accident
255
-
815
-
unemployment
318
-
1 019
-
other
1 595
-
5 093
-
total
8 038
-
25 665
-
Corporate
87 564
127 500
-
-
income
18 388
26 775
-
-
total
18 388
26 775
-
-
Dividends
69 176
100 725
-
-
withholding
4 843
7 050
-
-
total
4 843
7 050
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 757
33 825
54 586
59 858
After tax
87 743
93 675
72 914
67 642
Living cost
23 408
23 408
23 408
23 408
Free-cash
64 335
70 267
49 506
44 234

Estimated living cost  is ₽23408 per week

₽16539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1580
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.
₽4911
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
₽93402
₽93352
₽88647
₽97484
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
-
-
-
127 500
pensions

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

-
-
-
4 545
unemployment
-
-
-
123
income
-
-
-
19 125
health
-
-
-
3 532
total
-
-
-
27 325
Employee
15 264
-
121 475
-
health
702
-
1 413
-
accident

We are using the highest rate at 1.1%.

168
-
338
-
pensions

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

1 340
-
2 697
-
income
1 526
-
12 147
-
total
3 736
-
16 595
-
Employer
15 264
-
121 475
-
health
1 054
-
2 119
-
pensions

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

1 682
-
3 384
-
accident

We are using the highest rate at 1.1%.

168
-
338
-
unemployment
91
-
184
-
total
2 995
-
6 025
-
Corporate
109 241
127 500
-
-
income
10 924
12 750
-
-
total
10 924
12 750
-
-
Dividends
98 317
114 750
-
-
withholding
4 915
5 738
-
-
total
4 915
5 738
-
-
Income
127 500
127 500
127 500
127 500
Total tax
22 570
18 488
22 620
27 325
After tax
104 930
109 012
104 880
100 175
Living cost
11 528
11 528
11 528
11 528
Free-cash
93 402
97 484
93 352
88 647

Estimated living cost  is ₽11528 per week

₽6730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽305
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.
₽3669
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
₽39392
₽43059
₽42236
₽34206
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
-
-
-
127 500
income
-
-
-
17 751
other
-
-
-
3 953
health
-
-
-
4 541
social contributions
-
-
-
3 633
pensions
-
-
-
25 330
surtax
-
-
-
-
total
-
-
-
55 208
Employee
37 598
-
100 318
-
pensions
4 251
-
6 295
-
income
2 219
-
18 048
-
social contributions
1 072
-
2 859
-
surtax
-
-
-
-
total
7 542
-
27 202
-
Employer
37 598
-
100 318
-
health
2 632
-
8 477
-
social contributions
113
-
302
-
pensions
6 177
-
10 718
-
unemployment
1 522
-
4 063
-
other
1 297
-
3 623
-
total
11 741
-
27 183
-
Corporate
78 160
127 500
-
-
income
21 884
35 699
-
-
surtax
-
-
-
-
total
21 884
35 699
-
-
Dividends
56 276
91 801
-
-
social contributions
9 681
15 789
-
-
surtax
-
-
-
-
withholding
7 204
11 750
-
-
total
16 885
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 052
63 238
54 385
55 208
After tax
69 448
64 262
73 115
72 292
Living cost
30 056
30 056
30 056
30 056
Free-cash
39 392
34 206
43 059
42 236

Estimated living cost  is ₽30056 per week

₽18952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
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.
₽8150
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
₽20535
₽39901
₽35485
₽25917
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
-
-
-
127 500
pensions
-
-
-
10 293
income
-
-
-
34 088
health
-
-
-
10 833
total
-
-
-
55 214
Employee
75 020
75 020
111 174
-
health
11 515
9 794
10 833
-
pensions
13 504
10 293
10 293
-
income

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

12 280
12 280
13 346
-
total
37 299
32 367
34 472
-
Employer
75 020
75 020
111 174
-
health
5 215
5 215
6 480
-
pensions
5 221
5 221
6 490
-
unemployment
2 701
2 701
3 356
-
total
13 137
13 137
16 326
-
Corporate
40 264
39 343
-
-
income
8 052
7 869
-
-
total
8 052
7 869
-
-
Dividends
32 212
31 475
-
-
income
6 845
6 688
-
-
withholding
4 831
4 721
-
-
total
11 676
11 409
-
-
Income
127 500
127 500
127 500
127 500
Total tax
70 164
64 782
50 798
55 214
After tax
57 336
62 718
76 702
72 286
Living cost
36 801
36 801
36 801
36 801
Free-cash
20 535
25 917
39 901
35 485

Estimated living cost  is ₽36801 per week

₽26080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3318
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
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.
₽6818
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
₽47458
₽56496
₽42847
₽37741
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.

-
-
-
127 500
trade
-
-
-
13 649
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.

-
-
-
36 391
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.

-
-
-
6 002
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.

-
-
-
2 002
total
-
-
-
58 044
Employee

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

33 601
-
127 500
-
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.

6 002
-
6 002
-
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.

939
-
36 391
-
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.

52
-
2 002
-
total
6 993
-
44 395
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
93 899
127 500
-
-
income
14 085
19 125
-
-
trade
14 789
20 082
-
-
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.

775
1 052
-
-
chamber of commerce
268
317
-
-
total
29 917
40 576
-
-
Dividends
63 981
86 924
-
-
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.

862
1 177
-
-
withholding
15 661
21 397
-
-
total
16 523
22 574
-
-
Income
127 500
127 500
127 500
127 500
Total tax
53 433
63 150
44 395
58 044
After tax
74 067
64 350
83 105
69 456
Living cost
26 609
26 609
26 609
26 609
Free-cash
47 458
37 741
56 496
42 847

Estimated living cost  is ₽26609 per week

₽16738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
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.
₽6272
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
₽67981
₽66975
₽68171
₽72762
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
-
-
-
127 500
income
-
-
-
21 524
health
-
-
-
3 251
social contributions
-
-
-
14 214
total
-
-
-
38 989
Employee
67 552
67 552
117 759
-
health
523
1 149
2 002
-
income
7 355
6 253
20 880
-
social contributions
2 554
5 606
7 562
-
total
10 432
13 008
30 444
-
Employer
67 552
67 552
117 759
-
health
568
1 250
2 179
-
social contributions
2 554
5 606
7 562
-
total
3 122
6 856
9 741
-
Corporate
93 605
53 091
-
-
income
11 701
6 637
-
-
total
11 701
6 637
-
-
Dividends
81 904
46 455
-
-
withholding
13 924
7 897
-
-
total
13 924
7 897
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 179
34 398
40 185
38 989
After tax
88 321
93 102
87 315
88 511
Living cost
20 340
20 340
20 340
20 340
Free-cash
67 981
72 762
66 975
68 171

Estimated living cost  is ₽20340 per week

₽12190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1996
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.
₽5705
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
₽44083
₽32808
₽41665
₽44968
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.

-
-
-
127 500
income
-
-
-
13 973
social contributions

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

-
-
-
44 307
surtax
-
-
-
-
total
-
-
-
58 280
Employee
40 404
-
103 030
-
income
8 404
-
31 334
-
social contributions
4 445
-
11 333
-
surtax
-
-
-
-
total
12 849
-
42 667
-
Employer
40 404
-
103 030
-
social contributions
9 596
-
24 470
-
total
9 596
-
24 470
-
Corporate
77 500
127 500
-
-
income
16 274
26 775
-
-
surtax
-
-
-
-
total
16 274
26 775
-
-
Dividends
61 226
100 725
-
-
withholding
17 143
28 202
-
-
total
17 143
28 202
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 862
54 977
67 137
58 280
After tax
71 638
72 523
60 363
69 220
Living cost
27 555
27 555
27 555
27 555
Free-cash
44 083
44 968
32 808
41 665

Estimated living cost  is ₽27555 per week

₽20617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4853
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
₽113700
₽95747
₽119972
₽114872
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%.

-
-
-
127 500
microenterprise

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

-
-
-
1 275
total
-
-
-
1 275
Employee
7 816
-
127 500
-
income
1 563
-
25 500
-
total
1 563
-
25 500
-
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%.

119 684
127 500
-
-
total
-
-
-
-
Dividends
119 684
127 500
-
-
withholding
5 984
6 375
-
-
total
5 984
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
7 547
6 375
25 500
1 275
After tax
119 953
121 125
102 000
126 225
Living cost
6 253
6 253
6 253
6 253
Free-cash
113 700
114 872
95 747
119 972

Estimated living cost  is ₽6253 per week

₽3875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽172
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.
₽1686
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
₽56874
₽36713
₽40091
₽64221
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.

-
-
-
127 500
pensions
-
-
-
23 284
unemployment
-
-
-
192
income
-
-
-
27 823
health
-
-
-
12 547
total
-
-
-
63 846
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.

38 847
-
110 322
-
health
2 509
-
7 127
-
unemployment
55
-
155
-
pensions
6 022
-
17 099
-
income
6 699
-
25 665
-
total
15 285
-
50 046
-
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.

38 847
-
110 322
-
health
2 587
-
7 347
-
pensions
3 438
-
9 764
-
unemployment
23
-
67
-
total
6 048
-
17 178
-
Corporate
82 605
127 500
-
-
income
15 694
24 225
-
-
total
15 694
24 225
-
-
Dividends
66 910
103 275
-
-
withholding
10 036
15 491
-
-
total
10 036
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
47 063
39 716
67 224
63 846
After tax
80 437
87 784
60 276
63 654
Living cost
23 563
23 563
23 563
23 563
Free-cash
56 874
64 221
36 713
40 091

Estimated living cost  is ₽23563 per week

₽16171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
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.
₽5426
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
₽49414
₽60428
₽65270
₽46344
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.

-
-
-
127 500
income
-
-
-
25 007
health

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

-
-
-
5 333
total
-
-
-
30 340
Employee
40 300
-
123 459
-
social contributions
4 038
-
4 041
-
income
4 373
-
27 100
-
total
8 411
-
31 141
-
Employer
40 300
-
123 459
-
social contributions
4 038
-
4 041
-
total
4 038
-
4 041
-
Corporate
83 162
127 500
-
-
income
29 106
44 625
-
-
total
29 106
44 625
-
-
Dividends
54 056
82 875
-
-
social contributions
4 641
4 641
-
-
total
4 641
4 641
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 196
49 266
35 182
30 340
After tax
81 304
78 234
92 318
97 160
Living cost
31 890
31 890
31 890
31 890
Free-cash
49 414
46 344
60 428
65 270

Estimated living cost  is ₽31890 per week

₽21006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽7880
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
₽59614
₽61424
₽63253
₽59159
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
-
-
-
127 500
income
-
-
-
19 125
health
-
-
-
8 899
social contributions
-
-
-
17 595
total
-
-
-
45 619
Employee
29 786
-
127 500
-
health
2 079
-
8 899
-
income
4 968
-
20 954
-
social contributions
4 111
-
17 595
-
total
11 158
-
47 448
-
Employer
29 786
-
127 500
-
total
-
-
-
-
Corporate
97 714
127 500
-
-
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%.

4 886
6 375
-
-
total
4 886
6 375
-
-
Dividends
92 828
121 125
-
-
social contributions
12 810
16 716
-
-
withholding
13 924
18 168
-
-
health
6 480
8 454
-
-
total
33 214
43 338
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 258
49 713
47 448
45 619
After tax
78 242
77 787
80 052
81 881
Living cost
18 628
18 628
18 628
18 628
Free-cash
59 614
59 159
61 424
63 253

Estimated living cost  is ₽18628 per week

₽12467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4583
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
₽53915
₽39738
₽44002
₽62820
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
-
-
-
127 500
income
-
-
-
12 170
health
-
-
-
17 212
social contributions
-
-
-
29 152
solidarity contribution
-
-
-
-
total
-
-
-
58 534
Employee
36 712
-
95 149
-
health
4 956
-
12 845
-
solidarity contribution
-
-
-
-
income
4 405
-
11 418
-
social contributions
2 386
-
6 185
-
total
11 747
-
30 448
-
Employer
36 712
-
95 149
-
health
3 304
-
8 563
-
social contributions
9 178
-
23 787
-
total
12 482
-
32 350
-
Corporate
78 306
127 500
-
-
income
14 878
24 225
-
-
total
14 878
24 225
-
-
Dividends
63 428
103 275
-
-
withholding
9 514
15 491
-
-
total
9 514
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
48 621
39 716
62 798
58 534
After tax
78 879
87 784
64 702
68 966
Living cost
24 964
24 964
24 964
24 964
Free-cash
53 915
62 820
39 738
44 002

Estimated living cost  is ₽24964 per week

₽18565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4584
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
₽109554
₽92256
₽116481
₽111381
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%.

-
-
-
127 500
microenterprise

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

-
-
-
1 275
total
-
-
-
1 275
Employee
12 180
-
127 500
-
income
2 436
-
25 500
-
total
2 436
-
25 500
-
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%.

115 320
127 500
-
-
total
-
-
-
-
Dividends
115 320
127 500
-
-
withholding
5 766
6 375
-
-
total
5 766
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
8 202
6 375
25 500
1 275
After tax
119 298
121 125
102 000
126 225
Living cost
9 744
9 744
9 744
9 744
Free-cash
109 554
111 381
92 256
116 481

Estimated living cost  is ₽9744 per week

₽6594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
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.
₽2414
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
₽27869
₽30685
₽29862
₽21832
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
-
-
-
127 500
income
-
-
-
17 751
other
-
-
-
3 953
health
-
-
-
4 541
social contributions
-
-
-
3 633
pensions
-
-
-
25 330
surtax
-
-
-
-
total
-
-
-
55 208
Employee
55 022
-
100 318
-
pensions
6 223
-
6 295
-
income
4 801
-
18 048
-
social contributions
1 567
-
2 859
-
surtax
-
-
-
-
total
12 591
-
27 202
-
Employer
55 022
-
100 318
-
health
3 851
-
8 477
-
social contributions
165
-
302
-
pensions
9 041
-
10 718
-
unemployment
2 229
-
4 063
-
other
1 899
-
3 623
-
total
17 185
-
27 183
-
Corporate
55 294
127 500
-
-
income
15 482
35 699
-
-
surtax
-
-
-
-
total
15 482
35 699
-
-
Dividends
39 811
91 801
-
-
social contributions
6 847
15 789
-
-
surtax
-
-
-
-
withholding
5 096
11 750
-
-
total
11 943
27 539
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 201
63 238
54 385
55 208
After tax
70 299
64 262
73 115
72 292
Living cost
42 430
42 430
42 430
42 430
Free-cash
27 869
21 832
30 685
29 862

Estimated living cost  is ₽42430 per week

₽28716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
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.
₽9661
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
₽72675
₽59694
₽59693
₽76982
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.

-
-
-
127 500
pensions
-
-
-
16 818
unemployment
-
-
-
970
income
-
-
-
28 219
health
-
-
-
6 663
total
-
-
-
52 670
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.

22 826
-
115 921
-
health
1 176
-
3 331
-
unemployment
171
-
485
-
pensions
3 196
-
9 056
-
income
3 146
-
28 219
-
total
7 689
-
41 091
-
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.

22 826
-
115 921
-
health
1 176
-
3 331
-
pensions
2 739
-
7 762
-
unemployment
171
-
485
-
total
4 086
-
11 578
-
Corporate
100 589
127 500
-
-
income
15 088
19 125
-
-
total
15 088
19 125
-
-
Dividends
85 500
108 375
-
-
withholding
12 825
16 256
-
-
total
12 825
16 256
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 688
35 381
52 669
52 670
After tax
87 812
92 119
74 831
74 830
Living cost
15 137
15 137
15 137
15 137
Free-cash
72 675
76 982
59 694
59 693

Estimated living cost  is ₽15137 per week

₽10192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1171
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3336
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
₽23807
₽37405
₽43584
-₽1991
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
-
-
-
127 500
pensions
-
-
-
11 730
city
-
-
-
1 344
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.

-
-
-
2 550
health
-
-
-
286
regional
-
-
-
5 977
national
-
-
-
1 736
total
-
-
-
23 623
Employee
70 559
-
114 119
-
health
160
-
257
-
unemployment
-
-
-
-
city
757
-
1 226
-
pensions
5 928
-
9 586
-
regional
2 310
-
5 185
-
national
334
-
1 422
-
total
9 489
-
17 676
-
Employer
70 559
-
114 119
-
health
160
-
257
-
pensions
5 928
-
9 586
-
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.

1 411
-
2 283
-
total
7 499
-
12 126
-
Corporate
48 667
127 500
-
-
regional
10 293
26 967
-
-
national
4 136
10 837
-
-
total
14 429
37 804
-
-
Dividends
34 238
89 697
-
-
withholding
11 983
31 394
-
-
total
11 983
31 394
-
-
Income
127 500
127 500
127 500
127 500
Total tax
43 400
69 198
29 802
23 623
After tax
84 100
58 302
97 698
103 877
Living cost
60 293
60 293
60 293
60 293
Free-cash
23 807
-1 991
37 405
43 584

Estimated living cost  is ₽60293 per week

₽39208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽740
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.
₽14934
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
₽49358
₽34889
₽52370
₽47859
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

-
-
-
127 500
municipal
-
-
-
22 663
health
-
-
-
1 597
national
-
-
-
17 142
total
-
-
-
41 402
Employee
46 219
-
107 261
-
health
345
-
1 285
-
unemployment
694
-
1 609
-
pensions
3 119
-
7 240
-
national
764
-
11 027
-
municipal
7 570
-
17 483
-
total
12 492
-
38 644
-
Employer
46 219
-
107 261
-
health
355
-
825
-
pensions
8 019
-
18 610
-
accident
47
-
107
-
unemployment
300
-
697
-
total
8 721
-
20 239
-
Corporate
72 560
127 500
-
-
income
14 512
25 500
-
-
total
14 512
25 500
-
-
Dividends

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

43 536
76 500
-
-
municipal
7 837
13 770
-
-
national
852
6 643
-
-
total
8 689
20 413
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 414
45 913
58 883
41 402
After tax
83 086
81 587
68 617
86 098
Living cost
33 728
33 728
33 728
33 728
Free-cash
49 358
47 859
34 889
52 370

Estimated living cost  is ₽33728 per week

₽22031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽7917
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
₽26157
₽14377
₽23913
₽39333
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
-
-
-
127 500
communal

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

-
-
-
6 452
social contributions
-
-
-
19 982
national
-
-
-
45 122
total
-
-
-
71 556
Employee

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

62 839
-
98 752
-
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.

2 952
-
4 641
-
communal

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

3 278
-
5 151
-
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.

547
-
859
-
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.

4 713
-
7 407
-
national
19 319
-
34 286
-
total
30 809
-
52 344
-
Employer

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

62 839
-
98 752
-
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.

3 864
-
6 073
-
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.

5 568
-
8 749
-
surtax
7 125
-
11 200
-
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.

817
-
1 284
-
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.

917
-
1 442
-
total
18 291
-
28 748
-
Corporate
46 369
127 500
-
-
income
9 274
25 500
-
-
surtax
185
510
-
-
total
9 459
26 010
-
-
Dividends
36 910
101 490
-
-
withholding

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

10 753
30 126
-
-
total
10 753
30 126
-
-
Income
127 500
127 500
127 500
127 500
Total tax
69 312
56 136
81 092
71 556
After tax
58 188
71 364
46 408
55 944
Living cost
32 031
32 031
32 031
32 031
Free-cash
26 157
39 333
14 377
23 913

Estimated living cost  is ₽32031 per week

₽20632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
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.
₽8097
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
₽30370
₽28217
₽29253
₽31231
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
-
-
-
127 500
unemployment
-
-
-
84
municipal
-
-
-
30 753
other
-
-
-
9 775
health
-
-
-
5 249
national
-
-
-
4 740
accident
-
-
-
168
pensions
-
-
-
9 094
total
-
-
-
59 863
Employee
54 693
-
101 068
-
national
-
-
4 328
-
municipal
16 309
-
30 139
-
total
16 309
-
34 467
-
Employer
54 693
-
101 068
-
health
3 364
-
5 174
-
pensions
5 912
-
9 094
-
accident
109
-
168
-
unemployment
1 444
-
2 221
-
other
6 355
-
9 775
-
total
17 184
-
26 432
-
Corporate
55 622
127 500
-
-
income
12 237
28 050
-
-
total
12 237
28 050
-
-
Dividends
43 385
99 450
-
-
withholding
13 016
29 835
-
-
total
13 016
29 835
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 746
57 885
60 899
59 863
After tax
68 754
69 615
66 601
67 637
Living cost
38 384
38 384
38 384
38 384
Free-cash
30 370
31 231
28 217
29 253

Estimated living cost  is ₽38384 per week

₽25439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽8595
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
-₽15658
₽73441
₽46685
₽36143
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
-
-
-
127 500
income
-
-
-
24 852
social contributions
-
-
-
14 535
total
-
-
-
39 387
Employee
59 402
-
-
-
income
13 103
-
-
-
social contributions
4 871
-
694
-
total
17 974
-
694
-
Employer
59 402
-
-
-
social contributions
83 756
-
11 937
-
total
83 756
-
11 937
-
Corporate
-
127 500
-
-
income
-
28 050
-
-
total
-
28 050
-
-
Dividends
-
99 450
-
-
income
-
21 879
-
-
total
-
21 879
-
-
Income
127 500
127 500
127 500
127 500
Total tax
101 730
49 929
12 631
39 387
After tax
25 770
77 571
114 869
88 113
Living cost
41 428
41 428
41 428
41 428
Free-cash
-15 658
36 143
73 441
46 685

Estimated living cost  is ₽41428 per week

₽26880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽10123
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
₽60962
₽58821
₽60017
₽64608
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
-
-
-
127 500
income
-
-
-
21 524
health
-
-
-
3 251
social contributions
-
-
-
14 214
total
-
-
-
38 989
Employee
67 552
67 552
117 759
-
health
672
1 149
2 002
-
income
7 094
6 253
20 880
-
social contributions
3 283
5 606
7 562
-
total
11 049
13 008
30 444
-
Employer
67 552
67 552
117 759
-
health
732
1 250
2 179
-
social contributions
3 283
5 606
7 562
-
total
4 015
6 856
9 741
-
Corporate
83 944
53 091
-
-
income
10 493
6 637
-
-
total
10 493
6 637
-
-
Dividends
73 451
46 455
-
-
withholding
12 487
7 897
-
-
total
12 487
7 897
-
-
Income
127 500
127 500
127 500
127 500
Total tax
38 044
34 398
40 185
38 989
After tax
89 456
93 102
87 315
88 511
Living cost
28 494
28 494
28 494
28 494
Free-cash
60 962
64 608
58 821
60 017

Estimated living cost  is ₽28494 per week

₽19478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6312
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
₽59459
₽43271
₽54925
₽54495
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
-
-
-
127 500
income
-
-
-
34 297
pensions
-
-
-
7 138
total
-
-
-
41 435
Employee
42 744
-
111 565
-
health
558
-
1 695
-
pensions
3 262
-
8 929
-
income
7 784
-
26 529
-
total
11 604
-
37 153
-
Employer
42 744
-
111 565
-
health
812
-
2 120
-
pensions
4 318
-
13 816
-
total
5 130
-
15 936
-
Corporate
79 625
127 500
-
-
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.

15 129
24 225
-
-
total
15 129
24 225
-
-
Dividends
64 497
103 275
-
-
withholding
5 038
17 640
-
-
total
5 038
17 640
-
-
Income
127 500
127 500
127 500
127 500
Total tax
36 901
41 865
53 089
41 435
After tax
90 599
85 635
74 411
86 065
Living cost
31 140
31 140
31 140
31 140
Free-cash
59 459
54 495
43 271
54 925

Estimated living cost  is ₽31140 per week

₽21362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
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.
₽6523
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
₽28165
₽20260
₽26022
₽32162
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
-
-
-
127 500
municipal
-
-
-
852
regional
-
-
-
2 890
social contributions
-
-
-
32 794
national
-
-
-
29 945
total
-
-
-
66 481
Employee
74 027
-
127 500
-
social contributions
24 962
-
42 993
-
regional
1 118
-
2 511
-
national
12 510
-
25 979
-
municipal
442
-
760
-
total
39 032
-
72 243
-
Employer
74 027
-
127 500
-
total
-
-
-
-
Corporate
53 473
127 500
-
-
nationa
12 833
30 600
-
-
municipal
2 577
6 145
-
-
total
15 410
36 745
-
-
Dividends
38 062
90 755
-
-
withholding
9 896
23 596
-
-
total
9 896
23 596
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 338
60 341
72 243
66 481
After tax
63 162
67 159
55 257
61 019
Living cost
34 997
34 997
34 997
34 997
Free-cash
28 165
32 162
20 260
26 022

Estimated living cost  is ₽34997 per week

₽24583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽7477
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
₽7432
₽49539
₽68360
-₽8556
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
-
-
-
127 500
pensions
-
-
-
3 572
income
-
-
-
34 277
other
-
-
-
318
health
-
-
-
1 872
accident
-
-
-
217
total
-
-
-
40 256
Employee
29 706
-
113 372
-
health
3 401
-
12 981
-
pensions
3 345
-
6 549
-
income
4 075
-
25 419
-
total
10 821
-
44 949
-
Employer
29 706
-
113 372
-
pensions
4 830
-
9 457
-
accident
496
-
1 893
-
unemployment
728
-
2 778
-
total
6 054
-
14 128
-
Corporate
91 740
127 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

82 566
114 750
-
-
total
82 566
114 750
-
-
Dividends
9 174
12 750
-
-
withholding
1 743
2 422
-
-
total
1 743
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
101 184
117 172
59 077
40 256
After tax
26 316
10 328
68 423
87 244
Living cost
18 884
18 884
18 884
18 884
Free-cash
7 432
-8 556
49 539
68 360

Estimated living cost  is ₽18884 per week

₽13841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1046
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.
₽3604
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
₽43239
₽49189
₽36754
₽31747
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.

-
-
-
127 500
trade
-
-
-
12 435
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.

-
-
-
36 391
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.

-
-
-
6 002
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.

-
-
-
2 002
total
-
-
-
56 830
Employee

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

43 710
-
127 500
-
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.

6 002
-
6 002
-
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.

3 594
-
36 391
-
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.

198
-
2 002
-
total
9 794
-
44 395
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 790
127 500
-
-
income
12 568
19 125
-
-
trade
12 023
18 296
-
-
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.

692
1 052
-
-
chamber of commerce
257
320
-
-
total
25 540
38 793
-
-
Dividends
58 249
88 706
-
-
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.

782
1 202
-
-
withholding
14 229
21 842
-
-
total
15 011
23 044
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 345
61 837
44 395
56 830
After tax
77 155
65 663
83 105
70 670
Living cost
33 916
33 916
33 916
33 916
Free-cash
43 239
31 747
49 189
36 754

Estimated living cost  is ₽33916 per week

₽23396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽6378
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
₽76517
₽59856
₽22470
₽83724
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.

-
-
-
127 500
income
-
-
-
20 583
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.

-
-
-
33 659
surtax
-
-
-
32 512
total
-
-
-
86 754
Employee
25 670
-
90 655
-
income
4 570
-
17 556
-
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.

2 824
-
9 973
-
surtax
-
-
-
-
total
7 394
-
27 529
-
Employer
25 670
-
90 655
-
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.

6 183
-
21 839
-
surtax
-
-
-
-
total
6 183
-
21 839
-
Corporate
95 647
127 500
-
-
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%.

19 130
25 500
-
-
total
19 130
25 500
-
-
Dividends

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

76 517
102 000
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
32 707
25 500
49 368
86 754
After tax
94 793
102 000
78 132
40 746
Living cost
18 276
18 276
18 276
18 276
Free-cash
76 517
83 724
59 856
22 470

Estimated living cost  is ₽18276 per week

₽11660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽4461
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
₽67701
₽65982
₽66707
₽69374
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
-
-
-
127 500
income
-
-
-
37 790
health
-
-
-
5 387
pensions
-
-
-
7 430
total
-
-
-
50 607
Employee
15 514
-
119 141
-
health
776
-
1 858
-
unemployment
155
-
372
-
pensions
1 396
-
3 344
-
income
3 001
-
37 400
-
total
5 328
-
42 974
-
Employer
15 514
-
119 141
-
health
1 474
-
3 529
-
pensions
1 707
-
4 086
-
unemployment
310
-
743
-
total
3 491
-
8 358
-
Corporate
108 495
127 500
-
-
income
23 869
28 050
-
-
total
23 869
28 050
-
-
Dividends
84 626
99 450
-
-
withholding
16 925
19 890
-
-
total
16 925
19 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 613
47 940
51 332
50 607
After tax
77 887
79 560
76 168
76 893
Living cost
10 186
10 186
10 186
10 186
Free-cash
67 701
69 374
65 982
66 707

Estimated living cost  is ₽10186 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
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.
₽3074
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
₽57671
₽37332
₽40770
₽60466
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
-
-
-
127 500
pensions
-
-
-
23 450
unemployment
-
-
-
200
income
-
-
-
30 650
other
-
-
-
-
health
-
-
-
8 324
surtax
-
-
-
4 374
total
-
-
-
66 998
Employee
29 585
-
105 327
-
health
755
-
2 686
-
unemployment
2 059
-
7 330
-
pensions
1 974
-
7 025
-
income
4 960
-
27 392
-
other
-
-
-
-
surtax
105
-
3 831
-
total
9 853
-
48 264
-
Employer
29 585
-
105 327
-
health
1 345
-
4 793
-
pensions
3 944
-
14 040
-
unemployment
939
-
3 339
-
other
-
-
-
-
total
6 228
-
22 172
-
Corporate
91 687
127 500
-
-
income
23 838
33 150
-
-
total
23 838
33 150
-
-
Dividends
67 849
94 350
-
-
withholding
10 178
14 152
-
-
total
10 178
14 152
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 097
47 302
70 436
66 998
After tax
77 403
80 198
57 064
60 502
Living cost
19 732
19 732
19 732
19 732
Free-cash
57 671
60 466
37 332
40 770

Estimated living cost  is ₽19732 per week

₽11913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽5646
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
₽42438
₽5580
₽37225
₽42875
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
-
-
-
127 500
pensions
-
-
-
18 987
chamber of commerce
-
-