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
₽45310
₽48813
₽62266
₽58470
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
-
-
-
32 513
accident
-
-
-
697
unemployment
-
-
-
542
pensions
-
-
-
21 899
other
-
-
-
78
total
-
-
-
55 729
Employee
30 870
-
102 830
-
other
30
-
78
-
income
5 952
-
29 647
-
unemployment
478
-
1 199
-
pensions
1 451
-
3 638
-
total
7 911
-
34 562
-
Employer
30 870
-
102 830
-
unemployment
1 698
-
4 256
-
pensions
7 285
-
18 263
-
other
247
-
619
-
accident
612
-
1 532
-
total
9 842
-
24 670
-
Corporate
86 788
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.

13 018
19 124
-
-
total
13 018
19 124
-
-
Dividends
73 769
108 376
-
-
withholding
15 301
23 152
-
-
total
15 301
23 152
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 072
42 276
59 232
55 729
After tax
81 428
85 224
68 268
71 771
Living cost
22 958
22 958
22 958
22 958
Free-cash
58 470
62 266
45 310
48 813

Estimated living cost  is ₽22958 per week

₽15496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
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
Bratislava , Slovakia
₽50485
₽45347
₽71429
₽65789
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
-
-
-
17 821
health
-
-
-
5 586
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.

-
-
-
30 470
other
-
-
-
6 030
total
-
-
-
59 907
Employee
30 313
-
101 837
-
income
5 219
-
19 533
-
health
425
-
1 426
-
unemployment
303
-
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.

2 121
-
7 128
-
total
8 068
-
29 106
-
Employer
30 313
-
101 837
-
unemployment
303
-
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.

5 154
-
17 312
-
other
1 516
-
5 092
-
accident
242
-
814
-
health
425
-
1 426
-
total
7 640
-
25 663
-
Corporate
89 547
127 500
-
-
income
18 804
26 775
-
-
total
18 804
26 775
-
-
Dividends
70 742
100 725
-
-
withholding
4 953
7 050
-
-
total
4 953
7 050
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 465
33 825
54 769
59 907
After tax
88 035
93 675
72 731
67 593
Living cost
22 246
22 246
22 246
22 246
Free-cash
65 789
71 429
50 485
45 347

Estimated living cost  is ₽22246 per week

₽15718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽4667
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
₽94441
₽89651
₽98072
₽94195
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
-
-
-
3 352
unemployment
-
-
-
117
pensions

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

-
-
-
4 314
total
-
-
-
26 908
Employee
14 487
-
121 781
-
income
1 448
-
12 178
-
health
666
-
1 341
-
accident

We are using the highest rate at 1.1%.

160
-
321
-
pensions

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

1 272
-
2 559
-
total
3 546
-
16 399
-
Employer
14 487
-
121 781
-
unemployment
87
-
175
-
pensions

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

1 597
-
3 212
-
accident

We are using the highest rate at 1.1%.

160
-
321
-
health
1 000
-
2 011
-
total
2 844
-
5 719
-
Corporate
110 170
127 500
-
-
income
11 017
12 750
-
-
total
11 017
12 750
-
-
Dividends
99 154
114 750
-
-
withholding
4 957
5 737
-
-
total
4 957
5 737
-
-
Income
127 500
127 500
127 500
127 500
Total tax
22 364
18 487
22 118
26 908
After tax
105 136
109 013
105 382
100 592
Living cost
10 941
10 941
10 941
10 941
Free-cash
94 195
98 072
94 441
89 651

Estimated living cost  is ₽10941 per week

₽6387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽290
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.
₽3482
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
₽43688
₽43603
₽35694
₽40627
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
-
-
-
18 368
social contributions
-
-
-
3 633
health
-
-
-
4 780
surtax
-
-
-
-
pensions
-
-
-
24 599
other
-
-
-
3 953
total
-
-
-
55 333
Employee
35 731
-
99 890
-
income
2 109
-
18 348
-
social contributions
1 019
-
2 847
-
surtax
-
-
-
-
pensions
4 040
-
6 442
-
total
7 168
-
27 637
-
Employer
35 731
-
99 890
-
unemployment
1 446
-
4 045
-
social contributions
108
-
299
-
pensions
5 870
-
10 937
-
other
1 233
-
3 683
-
health
2 502
-
8 647
-
total
11 159
-
27 611
-
Corporate
80 610
127 500
-
-
income
22 570
35 700
-
-
surtax
-
-
-
-
total
22 570
35 700
-
-
Dividends
58 040
91 800
-
-
withholding
7 429
11 751
-
-
surtax
-
-
-
-
social contributions
9 983
15 791
-
-
total
17 412
27 542
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 309
63 242
55 248
55 333
After tax
69 191
64 258
72 252
72 167
Living cost
28 564
28 564
28 564
28 564
Free-cash
40 627
35 694
43 688
43 603

Estimated living cost  is ₽28564 per week

₽18011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽7746
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
₽42561
₽36777
₽27859
₽22742
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
-
-
-
35 672
health
-
-
-
10 295
pensions
-
-
-
9 782
total
-
-
-
55 749
Employee
71 295
71 295
111 985
-
income

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

11 670
11 670
14 373
-
health
10 943
9 308
10 295
-
pensions
12 833
9 782
9 782
-
total
35 446
30 760
34 450
-
Employer
71 295
71 295
111 985
-
unemployment
2 567
2 567
3 189
-
pensions
4 962
4 962
6 168
-
health
4 956
4 956
6 158
-
total
12 485
12 485
15 515
-
Corporate
44 595
43 721
-
-
income
8 920
8 744
-
-
total
8 920
8 744
-
-
Dividends
35 675
34 977
-
-
withholding
5 352
5 246
-
-
income
7 581
7 432
-
-
total
12 933
12 678
-
-
Income
127 500
127 500
127 500
127 500
Total tax
69 784
64 667
49 965
55 749
After tax
57 716
62 833
77 535
71 751
Living cost
34 974
34 974
34 974
34 974
Free-cash
22 742
27 859
42 561
36 777

Estimated living cost  is ₽34974 per week

₽24785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
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.
₽6480
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
₽57216
₽43249
₽39052
₽48284
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
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.

-
-
-
37 243
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.

-
-
-
5 704
trade
-
-
-
13 967
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.

-
-
-
2 049
total
-
-
-
58 963
Employee

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

31 932
-
127 500
-
income

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

892
-
37 243
-
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.

5 704
-
5 704
-
surtax

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

49
-
2 049
-
total
6 645
-
44 996
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 568
127 500
-
-
chamber of commerce
265
311
-
-
income
14 335
19 124
-
-
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.

789
1 052
-
-
trade
15 051
20 081
-
-
total
30 440
40 568
-
-
Dividends
65 128
86 932
-
-
withholding
15 965
21 415
-
-
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.

878
1 177
-
-
total
16 843
22 592
-
-
Income
127 500
127 500
127 500
127 500
Total tax
53 928
63 160
44 996
58 963
After tax
73 572
64 340
82 504
68 537
Living cost
25 288
25 288
25 288
25 288
Free-cash
48 284
39 052
57 216
43 249

Estimated living cost  is ₽25288 per week

₽15907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5960
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
₽67619
₽68796
₽73745
₽69205
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
-
-
-
22 615
social contributions
-
-
-
13 508
health
-
-
-
3 251
total
-
-
-
39 374
Employee
64 198
64 198
118 129
-
income
6 990
5 943
21 983
-
social contributions
2 427
5 328
7 187
-
health
497
1 092
2 009
-
total
9 914
12 363
31 179
-
Employer
64 198
64 198
118 129
-
social contributions
2 427
5 328
7 187
-
health
540
1 188
2 185
-
total
2 967
6 516
9 372
-
Corporate
95 288
56 786
-
-
income
11 911
7 098
-
-
total
11 911
7 098
-
-
Dividends
83 377
49 688
-
-
withholding
14 173
8 448
-
-
total
14 173
8 448
-
-
Income
127 500
127 500
127 500
127 500
Total tax
38 965
34 425
40 551
39 374
After tax
88 535
93 075
86 949
88 126
Living cost
19 330
19 330
19 330
19 330
Free-cash
69 205
73 745
67 619
68 796

Estimated living cost  is ₽19330 per week

₽11585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1896
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.
₽5422
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
₽33683
₽42785
₽46335
₽45494
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
-
-
-
14 222
social contributions

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

-
-
-
44 306
surtax
-
-
-
-
total
-
-
-
58 528
Employee
38 398
-
103 030
-
income
7 987
-
31 827
-
social contributions
4 224
-
11 333
-
surtax
-
-
-
-
total
12 211
-
43 160
-
Employer
38 398
-
103 030
-
social contributions
9 119
-
24 470
-
total
9 119
-
24 470
-
Corporate
79 983
127 500
-
-
income
16 797
26 775
-
-
surtax
-
-
-
-
total
16 797
26 775
-
-
Dividends
63 186
100 725
-
-
withholding
17 692
28 203
-
-
total
17 692
28 203
-
-
Income
127 500
127 500
127 500
127 500
Total tax
55 819
54 978
67 630
58 528
After tax
71 681
72 522
59 870
68 972
Living cost
26 187
26 187
26 187
26 187
Free-cash
45 494
46 335
33 683
42 785

Estimated living cost  is ₽26187 per week

₽19593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽4612
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
₽95778
₽120003
₽114903
₽113737
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
7 777
-
127 500
-
income
1 555
-
25 500
-
total
1 555
-
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%.

119 723
127 500
-
-
total
-
-
-
-
Dividends
119 723
127 500
-
-
withholding
5 986
6 375
-
-
total
5 986
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
7 541
6 375
25 500
1 275
After tax
119 959
121 125
102 000
126 225
Living cost
6 222
6 222
6 222
6 222
Free-cash
113 737
114 903
95 778
120 003

Estimated living cost  is ₽6222 per week

₽3856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽171
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.
₽1678
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
₽37493
₽40871
₽65391
₽58406
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
income
-
-
-
28 213
health
-
-
-
12 546
unemployment
-
-
-
192
pensions
-
-
-
23 285
total
-
-
-
64 236
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.

36 918
-
110 321
-
income
6 367
-
26 054
-
health
2 384
-
7 128
-
unemployment
52
-
154
-
pensions
5 723
-
17 100
-
total
14 526
-
50 436
-
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.

36 918
-
110 321
-
unemployment
22
-
67
-
pensions
3 267
-
9 763
-
health
2 459
-
7 348
-
total
5 748
-
17 178
-
Corporate
84 834
127 500
-
-
income
16 119
24 224
-
-
total
16 119
24 224
-
-
Dividends
68 715
103 276
-
-
withholding
10 308
15 492
-
-
total
10 308
15 492
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 701
39 716
67 614
64 236
After tax
80 799
87 784
59 886
63 264
Living cost
22 393
22 393
22 393
22 393
Free-cash
58 406
65 391
37 493
40 871

Estimated living cost  is ₽22393 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽5157
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
₽61543
₽67968
₽48159
₽51076
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
-
-
-
23 765
health

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

-
-
-
5 461
total
-
-
-
29 226
Employee
38 299
-
123 660
-
social contributions
3 837
-
3 840
-
income
4 156
-
27 971
-
total
7 993
-
31 811
-
Employer
38 299
-
123 660
-
social contributions
3 837
-
3 840
-
total
3 837
-
3 840
-
Corporate
85 364
127 500
-
-
income
29 877
44 624
-
-
total
29 877
44 624
-
-
Dividends
55 486
82 876
-
-
social contributions
4 411
4 411
-
-
total
4 411
4 411
-
-
Income
127 500
127 500
127 500
127 500
Total tax
46 118
49 035
35 651
29 226
After tax
81 382
78 465
91 849
98 274
Living cost
30 306
30 306
30 306
30 306
Free-cash
51 076
48 159
61 543
67 968

Estimated living cost  is ₽30306 per week

₽19963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
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.
₽7489
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
₽62123
₽64178
₽60084
₽60517
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
-
-
-
19 124
social contributions
-
-
-
17 596
health
-
-
-
8 899
total
-
-
-
45 619
Employee
28 307
-
127 500
-
income
4 721
-
21 179
-
social contributions
3 907
-
17 596
-
health
1 976
-
8 899
-
total
10 604
-
47 674
-
Employer
28 307
-
127 500
-
total
-
-
-
-
Corporate
99 193
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%.

4 959
6 375
-
-
total
4 959
6 375
-
-
Dividends
94 234
121 125
-
-
withholding
14 135
18 169
-
-
health
6 578
8 454
-
-
social contributions
13 004
16 715
-
-
total
33 717
43 338
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 280
49 713
47 674
45 619
After tax
78 220
77 787
79 826
81 881
Living cost
17 703
17 703
17 703
17 703
Free-cash
60 517
60 084
62 123
64 178

Estimated living cost  is ₽17703 per week

₽11848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
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.
₽4355
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
₽42652
₽48168
₽64911
₽56752
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
-
-
-
12 537
social contributions
-
-
-
26 710
solidarity contribution
-
-
-
-
health
-
-
-
17 212
total
-
-
-
56 459
Employee
33 637
-
95 992
-
solidarity contribution
-
-
-
-
income
4 036
-
11 563
-
social contributions
2 186
-
5 946
-
health
4 541
-
12 959
-
total
10 763
-
30 468
-
Employer
33 637
-
95 992
-
social contributions
8 409
-
22 868
-
health
3 027
-
8 639
-
total
11 436
-
31 507
-
Corporate
82 426
127 500
-
-
income
15 661
24 225
-
-
total
15 661
24 225
-
-
Dividends
66 765
103 275
-
-
withholding
10 015
15 491
-
-
total
10 015
15 491
-
-
Income
127 500
127 500
127 500
127 500
Total tax
47 875
39 716
61 975
56 459
After tax
79 625
87 784
65 525
71 041
Living cost
22 873
22 873
22 873
22 873
Free-cash
56 752
64 911
42 652
48 168

Estimated living cost  is ₽22873 per week

₽17010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽4200
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
₽92304
₽116529
₽111429
₽109611
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
12 120
-
127 500
-
income
2 424
-
25 500
-
total
2 424
-
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%.

115 380
127 500
-
-
total
-
-
-
-
Dividends
115 380
127 500
-
-
withholding
5 769
6 375
-
-
total
5 769
6 375
-
-
Income
127 500
127 500
127 500
127 500
Total tax
8 193
6 375
25 500
1 275
After tax
119 307
121 125
102 000
126 225
Living cost
9 696
9 696
9 696
9 696
Free-cash
109 611
111 429
92 304
116 529

Estimated living cost  is ₽9696 per week

₽6561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
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.
₽2402
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
₽31929
₽31844
₽23935
₽29674
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
-
-
-
18 368
social contributions
-
-
-
3 633
health
-
-
-
4 780
surtax
-
-
-
-
pensions
-
-
-
24 599
other
-
-
-
3 953
total
-
-
-
55 333
Employee
52 290
-
99 890
-
income
4 562
-
18 348
-
social contributions
1 489
-
2 847
-
surtax
-
-
-
-
pensions
5 914
-
6 442
-
total
11 965
-
27 637
-
Employer
52 290
-
99 890
-
unemployment
2 118
-
4 045
-
social contributions
157
-
299
-
pensions
8 592
-
10 937
-
other
1 805
-
3 683
-
health
3 660
-
8 647
-
total
16 332
-
27 611
-
Corporate
58 879
127 500
-
-
income
16 487
35 700
-
-
surtax
-
-
-
-
total
16 487
35 700
-
-
Dividends
42 392
91 800
-
-
withholding
5 426
11 751
-
-
surtax
-
-
-
-
social contributions
7 293
15 791
-
-
total
12 719
27 542
-
-
Income
127 500
127 500
127 500
127 500
Total tax
57 503
63 242
55 248
55 333
After tax
69 997
64 258
72 252
72 167
Living cost
40 323
40 323
40 323
40 323
Free-cash
29 674
23 935
31 929
31 844

Estimated living cost  is ₽40323 per week

₽27290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
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.
₽9181
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
₽61476
₽61476
₽77733
₽73640
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
income
-
-
-
28 400
health
-
-
-
6 332
unemployment
-
-
-
922
pensions
-
-
-
15 984
total
-
-
-
51 638
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.

21 693
-
116 496
-
income
2 990
-
28 400
-
health
1 117
-
3 166
-
unemployment
163
-
461
-
pensions
3 037
-
8 607
-
total
7 307
-
40 634
-
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.

21 693
-
116 496
-
unemployment
163
-
461
-
pensions
2 603
-
7 377
-
health
1 117
-
3 166
-
total
3 883
-
11 004
-
Corporate
101 924
127 500
-
-
income
15 289
19 125
-
-
total
15 289
19 125
-
-
Dividends
86 635
108 375
-
-
withholding
12 995
16 256
-
-
total
12 995
16 256
-
-
Income
127 500
127 500
127 500
127 500
Total tax
39 474
35 381
51 638
51 638
After tax
88 026
92 119
75 862
75 862
Living cost
14 386
14 386
14 386
14 386
Free-cash
73 640
77 733
61 476
61 476

Estimated living cost  is ₽14386 per week

₽9686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
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.
₽3171
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
₽39249
₽45280
₽9
₽24951
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
regional
-
-
-
6 116
national
-
-
-
1 901
health
-
-
-
287
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
pensions
-
-
-
11 730
total
-
-
-
23 928
Employee
68 217
-
114 120
-
regional
2 234
-
5 286
-
city
732
-
1 226
-
health
154
-
258
-
unemployment
-
-
-
-
national
323
-
1 477
-
pensions
5 731
-
9 586
-
total
9 174
-
17 833
-
Employer
68 217
-
114 120
-
unemployment
-
-
-
-
pensions
5 731
-
9 586
-
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.

1 364
-
2 282
-
health
154
-
258
-
total
7 249
-
12 126
-
Corporate
51 284
127 500
-
-
regional
10 847
26 967
-
-
national
4 360
10 838
-
-
total
15 207
37 805
-
-
Dividends
36 078
89 695
-
-
withholding
12 627
31 394
-
-
total
12 627
31 394
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 257
69 199
29 959
23 928
After tax
83 243
58 301
97 541
103 572
Living cost
58 292
58 292
58 292
58 292
Free-cash
24 951
9
39 249
45 280

Estimated living cost  is ₽58292 per week

₽37906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽716
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.
₽14439
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
₽36075
₽53027
₽49057
₽50688
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
-
-
-
22 659
national
-
-
-
18 147
health
-
-
-
1 614
total
-
-
-
42 420
Employee
43 924
-
107 260
-
health
328
-
1 304
-
unemployment
659
-
1 610
-
national
726
-
11 500
-
municipal
7 194
-
17 478
-
pensions
2 964
-
7 240
-
total
11 871
-
39 132
-
Employer
43 924
-
107 260
-
unemployment
285
-
697
-
pensions
7 621
-
18 610
-
accident
44
-
108
-
health
337
-
825
-
total
8 287
-
20 240
-
Corporate
75 288
127 500
-
-
income
15 057
25 500
-
-
total
15 057
25 500
-
-
Dividends

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

45 173
76 500
-
-
national
1 413
7 121
-
-
municipal
8 131
13 769
-
-
total
9 544
20 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
44 759
46 390
59 372
42 420
After tax
82 741
81 110
68 128
85 080
Living cost
32 053
32 053
32 053
32 053
Free-cash
50 688
49 057
36 075
53 027

Estimated living cost  is ₽32053 per week

₽20937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽7524
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
₽15540
₽25117
₽40906
₽28386
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
national
-
-
-
45 599
social contributions
-
-
-
19 887
communal

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

-
-
-
6 456
total
-
-
-
71 942
Employee

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

59 719
-
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.

2 806
-
4 642
-
communal

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

3 115
-
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.

520
-
859
-
national
18 360
-
34 714
-
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.

4 479
-
7 407
-
total
29 280
-
52 773
-
Employer

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

59 719
-
98 752
-
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.

871
-
1 442
-
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.

5 292
-
8 749
-
surtax
6 771
-
11 198
-
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.

776
-
1 283
-
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.

3 672
-
6 074
-
total
17 382
-
28 746
-
Corporate
50 398
127 500
-
-
income
10 080
25 500
-
-
surtax
201
510
-
-
total
10 281
26 010
-
-
Dividends
40 117
101 490
-
-
withholding

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

11 730
30 143
-
-
total
11 730
30 143
-
-
Income
127 500
127 500
127 500
127 500
Total tax
68 673
56 153
81 519
71 942
After tax
58 827
71 347
45 981
55 558
Living cost
30 441
30 441
30 441
30 441
Free-cash
28 386
40 906
15 540
25 117

Estimated living cost  is ₽30441 per week

₽19608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7695
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
₽31622
₽32460
₽35057
₽34281
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
-
-
-
31 477
national
-
-
-
7 064
health
-
-
-
4 726
accident
-
-
-
151
unemployment
-
-
-
76
pensions
-
-
-
8 187
other
-
-
-
8 801
total
-
-
-
60 482
Employee
49 242
-
103 703
-
national
-
-
6 600
-
municipal
14 684
-
30 924
-
total
14 684
-
37 524
-
Employer
49 242
-
103 703
-
unemployment
1 300
-
1 999
-
pensions
5 323
-
8 187
-
other
5 722
-
8 801
-
accident
99
-
151
-
health
3 028
-
4 658
-
total
15 472
-
23 796
-
Corporate
62 786
127 500
-
-
income
13 813
28 050
-
-
total
13 813
28 050
-
-
Dividends
48 973
99 450
-
-
withholding
14 692
29 835
-
-
total
14 692
29 835
-
-
Income
127 500
127 500
127 500
127 500
Total tax
58 661
57 885
61 320
60 482
After tax
68 839
69 615
66 180
67 018
Living cost
34 558
34 558
34 558
34 558
Free-cash
34 281
35 057
31 622
32 460

Estimated living cost  is ₽34558 per week

₽22904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽7739
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
₽77572
₽49851
₽39309
-₽4720
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
54 863
-
-
-
income
12 102
-
-
-
social contributions
4 499
-
641
-
total
16 601
-
641
-
Employer
54 863
-
-
-
social contributions
77 357
-
11 025
-
total
77 357
-
11 025
-
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
93 958
49 929
11 666
39 387
After tax
33 542
77 571
115 834
88 113
Living cost
38 262
38 262
38 262
38 262
Free-cash
-4 720
39 309
77 572
49 851

Estimated living cost  is ₽38262 per week

₽24826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
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.
₽9350
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
₽59870
₽61047
₽65996
₽62534
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
-
-
-
22 615
social contributions
-
-
-
13 508
health
-
-
-
3 251
total
-
-
-
39 374
Employee
64 198
64 198
118 129
-
income
6 741
5 943
21 983
-
social contributions
3 120
5 328
7 187
-
health
638
1 092
2 009
-
total
10 499
12 363
31 179
-
Employer
64 198
64 198
118 129
-
social contributions
3 120
5 328
7 187
-
health
696
1 188
2 185
-
total
3 816
6 516
9 372
-
Corporate
86 106
56 786
-
-
income
10 764
7 098
-
-
total
10 764
7 098
-
-
Dividends
75 342
49 688
-
-
withholding
12 808
8 448
-
-
total
12 808
8 448
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 887
34 425
40 551
39 374
After tax
89 613
93 075
86 949
88 126
Living cost
27 079
27 079
27 079
27 079
Free-cash
62 534
65 996
59 870
61 047

Estimated living cost  is ₽27079 per week

₽18511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽5998
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
₽43851
₽55481
₽54918
₽59744
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
-
-
-
34 733
pensions
-
-
-
7 012
total
-
-
-
41 745
Employee
41 555
-
111 527
-
income
7 568
-
26 980
-
health
542
-
1 679
-
pensions
3 172
-
8 742
-
total
11 282
-
37 401
-
Employer
41 555
-
111 527
-
pensions
4 198
-
13 854
-
health
790
-
2 120
-
total
4 988
-
15 974
-
Corporate
80 956
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.

15 381
24 225
-
-
total
15 381
24 225
-
-
Dividends
65 575
103 275
-
-
withholding
5 831
18 083
-
-
total
5 831
18 083
-
-
Income
127 500
127 500
127 500
127 500
Total tax
37 482
42 308
53 375
41 745
After tax
90 018
85 192
74 125
85 755
Living cost
30 274
30 274
30 274
30 274
Free-cash
59 744
54 918
43 851
55 481

Estimated living cost  is ₽30274 per week

₽20768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽6342
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
₽21656
₽27312
₽33900
₽30102
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
-
-
-
2 899
national
-
-
-
30 386
social contributions
-
-
-
32 792
total
-
-
-
66 929
Employee
70 352
-
127 500
-
regional
1 062
-
2 551
-
social contributions
23 722
-
42 992
-
national
11 889
-
26 282
-
municipal
420
-
760
-
total
37 093
-
72 585
-
Employer
70 352
-
127 500
-
total
-
-
-
-
Corporate
57 148
127 500
-
-
nationa
13 716
30 600
-
-
municipal
2 755
6 146
-
-
total
16 471
36 746
-
-
Dividends
40 677
90 755
-
-
withholding
10 575
23 595
-
-
total
10 575
23 595
-
-
Income
127 500
127 500
127 500
127 500
Total tax
64 139
60 341
72 585
66 929
After tax
63 361
67 159
54 915
60 571
Living cost
33 259
33 259
33 259
33 259
Free-cash
30 102
33 900
21 656
27 312

Estimated living cost  is ₽33259 per week

₽23363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2288
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.
₽7106
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
₽51350
₽69733
-₽7143
₽7648
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
-
-
-
34 765
health
-
-
-
1 732
accident
-
-
-
201
pensions
-
-
-
3 304
other
-
-
-
294
total
-
-
-
40 296
Employee
27 483
-
114 051
-
income
3 770
-
26 113
-
health
3 147
-
13 059
-
pensions
3 095
-
6 059
-
total
10 012
-
45 231
-
Employer
27 483
-
114 051
-
unemployment
673
-
2 794
-
pensions
4 469
-
8 749
-
accident
459
-
1 905
-
total
5 601
-
13 448
-
Corporate
94 416
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.

84 974
114 750
-
-
total
84 974
114 750
-
-
Dividends
9 442
12 750
-
-
withholding
1 794
2 422
-
-
total
1 794
2 422
-
-
Income
127 500
127 500
127 500
127 500
Total tax
102 381
117 172
58 679
40 296
After tax
25 119
10 328
68 821
87 204
Living cost
17 471
17 471
17 471
17 471
Free-cash
7 648
-7 143
51 350
69 733

Estimated living cost  is ₽17471 per week

₽12805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽365
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.
₽3334
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
₽50272
₽37547
₽33418
₽44337
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
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.

-
-
-
37 243
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.

-
-
-
5 704
trade
-
-
-
12 725
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.

-
-
-
2 049
total
-
-
-
57 721
Employee

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

41 540
-
127 500
-
income

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

3 416
-
37 243
-
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.

5 704
-
5 704
-
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.

189
-
2 049
-
total
9 309
-
44 996
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 960
127 500
-
-
chamber of commerce
253
314
-
-
income
12 893
19 124
-
-
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.

710
1 052
-
-
trade
12 336
18 296
-
-
total
26 192
38 786
-
-
Dividends
59 768
88 714
-
-
withholding
14 625
21 861
-
-
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.

805
1 203
-
-
total
15 430
23 064
-
-
Income
127 500
127 500
127 500
127 500
Total tax
50 931
61 850
44 996
57 721
After tax
76 569
65 650
82 504
69 779
Living cost
32 232
32 232
32 232
32 232
Free-cash
44 337
33 418
50 272
37 547

Estimated living cost  is ₽32232 per week

₽22235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽6062
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
₽60000
₽24614
₽84631
₽77782
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
microenterprise
-
-
-
-
income
-
-
-
21 017
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.

-
-
-
31 988
surtax
-
-
-
32 512
total
-
-
-
85 517
Employee
24 395
-
91 941
-
income
4 343
-
17 869
-
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.

2 684
-
10 113
-
surtax
-
-
-
-
total
7 027
-
27 982
-
Employer
24 395
-
91 941
-
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.

5 876
-
22 149
-
surtax
-
-
-
-
total
5 876
-
22 149
-
Corporate
97 228
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%.

19 446
25 500
-
-
total
19 446
25 500
-
-
Dividends

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

77 782
102 000
-
-
total
-
-
-
-
Income
127 500
127 500
127 500
127 500
Total tax
32 349
25 500
50 131
85 517
After tax
95 151
102 000
77 369
41 983
Living cost
17 369
17 369
17 369
17 369
Free-cash
77 782
84 631
60 000
24 614

Estimated living cost  is ₽17369 per week

₽11081
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1654
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.
₽4240
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
₽65008
₽65773
₽68786
₽67017
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
-
-
-
37 396
health
-
-
-
5 698
pensions
-
-
-
7 859
total
-
-
-
50 953
Employee
16 410
-
118 659
-
income
3 174
-
36 983
-
health
820
-
1 965
-
unemployment
164
-
393
-
pensions
1 477
-
3 536
-
total
5 635
-
42 877
-
Employer
16 410
-
118 659
-
unemployment
328
-
786
-
pensions
1 805
-
4 322
-
health
1 559
-
3 733
-
total
3 692
-
8 841
-
Corporate
107 398
127 500
-
-
income
23 628
28 050
-
-
total
23 628
28 050
-
-
Dividends
83 770
99 450
-
-
withholding
16 754
19 890
-
-
total
16 754
19 890
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 709
47 940
51 718
50 953
After tax
77 791
79 560
75 782
76 547
Living cost
10 774
10 774
10 774
10 774
Free-cash
67 017
68 786
65 008
65 773

Estimated living cost  is ₽10774 per week

₽6403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽247
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.
₽3251
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
₽37561
₽41754
₽61444
₽58790
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
-
-
-
31 977
health
-
-
-
7 911
unemployment
-
-
-
190
surtax
-
-
-
4 631
pensions
-
-
-
22 285
other
-
-
-
-
total
-
-
-
66 994
Employee
28 116
-
105 329
-
other
-
-
-
-
income
4 713
-
28 006
-
health
718
-
2 685
-
unemployment
1 957
-
7 331
-
surtax
100
-
3 969
-
pensions
1 876
-
7 025
-
total
9 364
-
49 016
-
Employer
28 116
-
105 329
-
unemployment
892
-
3 338
-
pensions
3 749
-
14 040
-
other
-
-
-
-
health
1 279
-
4 793
-
total
5 920
-
22 171
-
Corporate
93 465
127 500
-
-
income
24 300
33 151
-
-
total
24 300
33 151
-
-
Dividends
69 165
94 349
-
-
withholding
10 374
14 153
-
-
total
10 374
14 153
-
-
Income
127 500
127 500
127 500
127 500
Total tax
49 958
47 304
71 187
66 994
After tax
77 542
80 196
56 313
60 506
Living cost
18 752
18 752
18 752
18 752
Free-cash
58 790
61 444
37 561
41 754

Estimated living cost  is ₽18752 per week

₽11322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
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.
₽5366
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
₽6662
₽38914
₽44187
₽43773
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
-
-
-
30 815
chamber of commerce
-
-