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
₽ 128500
per

Your estimated
City
free-cash

Valencia , Spain
₽45824
₽49332
₽62888
₽59103
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
-
-
-
128 500
income
-
-
-
32 928
accident
-
-
-
698
unemployment
-
-
-
543
pensions
-
-
-
21 930
other
-
-
-
78
total
-
-
-
56 177
Employee
30 915
-
103 795
-
other
30
-
78
-
income
5 960
-
30 058
-
unemployment
479
-
1 201
-
pensions
1 453
-
3 643
-
total
7 922
-
34 980
-
Employer
30 915
-
103 795
-
unemployment
1 701
-
4 262
-
pensions
7 295
-
18 289
-
other
248
-
620
-
accident
612
-
1 534
-
total
9 856
-
24 705
-
Corporate
87 729
128 500
-
-
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.

13 159
19 276
-
-
total
13 159
19 276
-
-
Dividends
74 570
109 224
-
-
withholding
15 469
23 345
-
-
total
15 469
23 345
-
-
Income
128 500
128 500
128 500
128 500
Total tax
46 406
42 621
59 685
56 177
After tax
82 094
85 879
68 815
72 323
Living cost
22 991
22 991
22 991
22 991
Free-cash
59 103
62 888
45 824
49 332

Estimated living cost  is ₽22991 per week

₽15519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4860
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
₽51000
₽46024
₽72131
₽66487
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
-
-
-
128 500
income
-
-
-
18 051
health
-
-
-
5 594
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.

-
-
-
30 514
other
-
-
-
6 039
total
-
-
-
60 198
Employee
30 357
-
102 634
-
income
5 226
-
19 709
-
health
425
-
1 437
-
unemployment
303
-
1 027
-
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.

2 124
-
7 184
-
total
8 078
-
29 357
-
Employer
30 357
-
102 634
-
unemployment
303
-
1 027
-
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.

5 161
-
17 448
-
other
1 518
-
5 133
-
accident
243
-
820
-
health
425
-
1 437
-
total
7 650
-
25 865
-
Corporate
90 492
128 500
-
-
income
19 003
26 985
-
-
total
19 003
26 985
-
-
Dividends
71 490
101 515
-
-
withholding
5 004
7 106
-
-
total
5 004
7 106
-
-
Income
128 500
128 500
128 500
128 500
Total tax
39 735
34 091
55 222
60 198
After tax
88 765
94 409
73 278
68 302
Living cost
22 278
22 278
22 278
22 278
Free-cash
66 487
72 131
51 000
46 024

Estimated living cost  is ₽22278 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽359
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.
₽4674
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
₽95286
₽90450
₽98897
₽95011
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
-
-
-
128 500
income
-
-
-
19 275
health
-
-
-
3 361
unemployment
-
-
-
117
pensions

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

-
-
-
4 326
total
-
-
-
27 079
Employee
14 527
-
122 766
-
income
1 452
-
12 276
-
health
668
-
1 344
-
accident

We are using the highest rate at 1.1%.

160
-
322
-
pensions

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

1 275
-
2 566
-
total
3 555
-
16 508
-
Employer
14 527
-
122 766
-
unemployment
87
-
175
-
pensions

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

1 601
-
3 221
-
accident

We are using the highest rate at 1.1%.

160
-
322
-
health
1 003
-
2 017
-
total
2 851
-
5 735
-
Corporate
111 123
128 500
-
-
income
11 112
12 850
-
-
total
11 112
12 850
-
-
Dividends
100 011
115 650
-
-
withholding
5 000
5 782
-
-
total
5 000
5 782
-
-
Income
128 500
128 500
128 500
128 500
Total tax
22 518
18 632
22 243
27 079
After tax
105 982
109 868
106 257
101 421
Living cost
10 971
10 971
10 971
10 971
Free-cash
95 011
98 897
95 286
90 450

Estimated living cost  is ₽10971 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽291
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.
₽3492
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
₽44109
₽44112
₽36158
₽41099
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
-
-
-
128 500
income
-
-
-
18 588
social contributions
-
-
-
3 662
health
-
-
-
4 847
surtax
-
-
-
-
pensions
-
-
-
24 702
other
-
-
-
3 984
total
-
-
-
55 783
Employee
35 783
-
100 620
-
income
2 112
-
18 528
-
social contributions
1 020
-
2 867
-
surtax
-
-
-
-
pensions
4 046
-
6 511
-
total
7 178
-
27 906
-
Employer
35 783
-
100 620
-
unemployment
1 449
-
4 074
-
social contributions
108
-
301
-
pensions
5 878
-
11 050
-
other
1 234
-
3 718
-
health
2 505
-
8 737
-
total
11 174
-
27 880
-
Corporate
81 543
128 500
-
-
income
22 831
35 980
-
-
surtax
-
-
-
-
total
22 831
35 980
-
-
Dividends
58 711
92 520
-
-
withholding
7 516
11 842
-
-
surtax
-
-
-
-
social contributions
10 097
15 915
-
-
total
17 613
27 757
-
-
Income
128 500
128 500
128 500
128 500
Total tax
58 796
63 737
55 786
55 783
After tax
69 704
64 763
72 714
72 717
Living cost
28 605
28 605
28 605
28 605
Free-cash
41 099
36 158
44 109
44 112

Estimated living cost  is ₽28605 per week

₽18037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽7757
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
₽43221
₽37224
₽28316
₽23192
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
-
-
-
128 500
income
-
-
-
36 146
health
-
-
-
10 310
pensions
-
-
-
9 796
total
-
-
-
56 252
Employee
71 397
71 397
112 962
-
income

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

11 687
11 687
14 611
-
health
10 959
9 321
10 310
-
pensions
12 852
9 796
9 796
-
total
35 498
30 804
34 717
-
Employer
71 397
71 397
112 962
-
unemployment
2 570
2 570
3 194
-
pensions
4 969
4 969
6 177
-
health
4 963
4 963
6 167
-
total
12 502
12 502
15 538
-
Corporate
45 476
44 600
-
-
income
9 094
8 920
-
-
total
9 094
8 920
-
-
Dividends
36 382
35 680
-
-
withholding
5 458
5 352
-
-
income
7 732
7 582
-
-
total
13 190
12 934
-
-
Income
128 500
128 500
128 500
128 500
Total tax
70 284
65 160
50 255
56 252
After tax
58 216
63 340
78 245
72 248
Living cost
35 024
35 024
35 024
35 024
Free-cash
23 192
28 316
43 221
37 224

Estimated living cost  is ₽35024 per week

₽24821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
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.
₽6489
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
₽57754
₽43638
₽39517
₽48765
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.

-
-
-
128 500
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.

-
-
-
37 639
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.

-
-
-
5 712
trade
-
-
-
14 116
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.

-
-
-
2 071
total
-
-
-
59 538
Employee

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

31 978
-
128 500
-
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.

893
-
37 639
-
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.

5 712
-
5 712
-
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
-
2 071
-
total
6 654
-
45 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 522
128 500
-
-
chamber of commerce
265
311
-
-
income
14 478
19 276
-
-
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.

796
1 060
-
-
trade
15 203
20 239
-
-
total
30 742
40 886
-
-
Dividends
65 780
87 615
-
-
withholding
16 128
21 586
-
-
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.

887
1 187
-
-
total
17 015
22 773
-
-
Income
128 500
128 500
128 500
128 500
Total tax
54 411
63 659
45 422
59 538
After tax
74 089
64 841
83 078
68 962
Living cost
25 324
25 324
25 324
25 324
Free-cash
48 765
39 517
57 754
43 638

Estimated living cost  is ₽25324 per week

₽15930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽5969
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
₽68230
₽69413
₽74446
₽69896
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
-
-
-
128 500
income
-
-
-
22 927
social contributions
-
-
-
13 527
health
-
-
-
3 276
total
-
-
-
39 730
Employee
64 290
64 290
119 099
-
income
7 000
5 951
22 290
-
social contributions
2 431
5 336
7 197
-
health
498
1 093
2 025
-
total
9 929
12 380
31 512
-
Employer
64 290
64 290
119 099
-
social contributions
2 431
5 336
7 197
-
health
541
1 190
2 204
-
total
2 972
6 526
9 401
-
Corporate
96 242
57 684
-
-
income
12 030
7 211
-
-
total
12 030
7 211
-
-
Dividends
84 212
50 473
-
-
withholding
14 316
8 580
-
-
total
14 316
8 580
-
-
Income
128 500
128 500
128 500
128 500
Total tax
39 247
34 697
40 913
39 730
After tax
89 253
93 803
87 587
88 770
Living cost
19 357
19 357
19 357
19 357
Free-cash
69 896
74 446
68 230
69 413

Estimated living cost  is ₽19357 per week

₽11601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽5429
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
₽34055
₽43256
₽46866
₽46022
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.

-
-
-
128 500
income
-
-
-
14 365
social contributions

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

-
-
-
44 654
surtax
-
-
-
-
total
-
-
-
59 019
Employee
38 453
-
103 838
-
income
7 998
-
32 136
-
social contributions
4 230
-
11 422
-
surtax
-
-
-
-
total
12 228
-
43 558
-
Employer
38 453
-
103 838
-
social contributions
9 133
-
24 662
-
total
9 133
-
24 662
-
Corporate
80 915
128 500
-
-
income
16 993
26 985
-
-
surtax
-
-
-
-
total
16 993
26 985
-
-
Dividends
63 922
101 515
-
-
withholding
17 899
28 424
-
-
total
17 899
28 424
-
-
Income
128 500
128 500
128 500
128 500
Total tax
56 253
55 409
68 220
59 019
After tax
72 247
73 091
60 280
69 481
Living cost
26 225
26 225
26 225
26 225
Free-cash
46 022
46 866
34 055
43 256

Estimated living cost  is ₽26225 per week

₽19622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1547
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.
₽4619
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
₽96550
₽120965
₽115825
₽114654
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%.

-
-
-
128 500
microenterprise

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

-
-
-
1 285
total
-
-
-
1 285
Employee
7 813
-
128 500
-
income
1 562
-
25 700
-
total
1 562
-
25 700
-
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%.

120 687
128 500
-
-
total
-
-
-
-
Dividends
120 687
128 500
-
-
withholding
6 034
6 425
-
-
total
6 034
6 425
-
-
Income
128 500
128 500
128 500
128 500
Total tax
7 596
6 425
25 700
1 285
After tax
120 904
122 075
102 800
127 215
Living cost
6 250
6 250
6 250
6 250
Free-cash
114 654
115 825
96 550
120 965

Estimated living cost  is ₽6250 per week

₽3874
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.
₽1685
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
₽37884
₽41287
₽66048
₽59055
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.

-
-
-
128 500
income
-
-
-
28 484
health
-
-
-
12 644
unemployment
-
-
-
192
pensions
-
-
-
23 468
total
-
-
-
64 788
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.

36 971
-
111 189
-
income
6 376
-
26 307
-
health
2 388
-
7 183
-
unemployment
52
-
155
-
pensions
5 731
-
17 234
-
total
14 547
-
50 879
-
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.

36 971
-
111 189
-
unemployment
22
-
67
-
pensions
3 272
-
9 840
-
health
2 462
-
7 405
-
total
5 756
-
17 312
-
Corporate
85 772
128 500
-
-
income
16 296
24 415
-
-
total
16 296
24 415
-
-
Dividends
69 476
104 085
-
-
withholding
10 421
15 612
-
-
total
10 421
15 612
-
-
Income
128 500
128 500
128 500
128 500
Total tax
47 020
40 027
68 191
64 788
After tax
81 480
88 473
60 309
63 712
Living cost
22 425
22 425
22 425
22 425
Free-cash
59 055
66 048
37 884
41 287

Estimated living cost  is ₽22425 per week

₽15390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
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.
₽5164
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
₽62161
₽68865
₽48757
₽51679
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.

-
-
-
128 500
income
-
-
-
23 799
health

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

-
-
-
5 486
total
-
-
-
29 285
Employee
38 354
-
124 654
-
social contributions
3 843
-
3 846
-
income
4 162
-
28 297
-
total
8 005
-
32 143
-
Employer
38 354
-
124 654
-
social contributions
3 843
-
3 846
-
total
3 843
-
3 846
-
Corporate
86 303
128 500
-
-
income
30 206
44 976
-
-
total
30 206
44 976
-
-
Dividends
56 097
83 524
-
-
social contributions
4 417
4 417
-
-
total
4 417
4 417
-
-
Income
128 500
128 500
128 500
128 500
Total tax
46 471
49 393
35 989
29 285
After tax
82 029
79 107
92 511
99 215
Living cost
30 350
30 350
30 350
30 350
Free-cash
51 679
48 757
62 161
68 865

Estimated living cost  is ₽30350 per week

₽19991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽7500
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
₽62695
₽64792
₽60667
₽61101
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
-
-
-
128 500
income
-
-
-
19 276
social contributions
-
-
-
17 734
health
-
-
-
8 969
total
-
-
-
45 979
Employee
28 348
-
128 500
-
income
4 728
-
21 373
-
social contributions
3 913
-
17 734
-
health
1 979
-
8 969
-
total
10 620
-
48 076
-
Employer
28 348
-
128 500
-
total
-
-
-
-
Corporate
100 152
128 500
-
-
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%.

5 007
6 426
-
-
total
5 007
6 426
-
-
Dividends
95 145
122 074
-
-
withholding
14 272
18 311
-
-
health
6 642
8 520
-
-
social contributions
13 129
16 847
-
-
total
34 043
43 678
-
-
Income
128 500
128 500
128 500
128 500
Total tax
49 670
50 104
48 076
45 979
After tax
78 830
78 396
80 424
82 521
Living cost
17 729
17 729
17 729
17 729
Free-cash
61 101
60 667
62 695
64 792

Estimated living cost  is ₽17729 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
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.
₽4362
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
₽43318
₽48893
₽65594
₽57433
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
-
-
-
128 500
income
-
-
-
12 665
social contributions
-
-
-
26 716
solidarity contribution
-
-
-
-
health
-
-
-
17 348
total
-
-
-
56 729
Employee
33 645
-
96 905
-
solidarity contribution
-
-
-
-
income
4 037
-
11 681
-
social contributions
2 187
-
5 947
-
health
4 542
-
13 082
-
total
10 766
-
30 710
-
Employer
33 645
-
96 905
-
social contributions
8 411
-
22 873
-
health
3 028
-
8 721
-
total
11 439
-
31 594
-
Corporate
83 416
128 500
-
-
income
15 849
24 415
-
-
total
15 849
24 415
-
-
Dividends
67 567
104 085
-
-
withholding
10 135
15 613
-
-
total
10 135
15 613
-
-
Income
128 500
128 500
128 500
128 500
Total tax
48 189
40 028
62 304
56 729
After tax
80 311
88 472
66 196
71 771
Living cost
22 878
22 878
22 878
22 878
Free-cash
57 433
65 594
43 318
48 893

Estimated living cost  is ₽22878 per week

₽17014
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.
₽4201
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
₽93060
₽117475
₽112335
₽110509
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%.

-
-
-
128 500
microenterprise

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

-
-
-
1 285
total
-
-
-
1 285
Employee
12 175
-
128 500
-
income
2 435
-
25 700
-
total
2 435
-
25 700
-
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%.

116 325
128 500
-
-
total
-
-
-
-
Dividends
116 325
128 500
-
-
withholding
5 816
6 425
-
-
total
5 816
6 425
-
-
Income
128 500
128 500
128 500
128 500
Total tax
8 251
6 425
25 700
1 285
After tax
120 249
122 075
102 800
127 215
Living cost
9 740
9 740
9 740
9 740
Free-cash
110 509
112 335
93 060
117 475

Estimated living cost  is ₽9740 per week

₽6591
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.
₽2413
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
₽32333
₽32336
₽24382
₽30129
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
-
-
-
128 500
income
-
-
-
18 588
social contributions
-
-
-
3 662
health
-
-
-
4 847
surtax
-
-
-
-
pensions
-
-
-
24 702
other
-
-
-
3 984
total
-
-
-
55 783
Employee
52 365
-
100 620
-
income
4 569
-
18 528
-
social contributions
1 491
-
2 867
-
surtax
-
-
-
-
pensions
5 923
-
6 511
-
total
11 983
-
27 906
-
Employer
52 365
-
100 620
-
unemployment
2 121
-
4 074
-
social contributions
157
-
301
-
pensions
8 604
-
11 050
-
other
1 807
-
3 718
-
health
3 665
-
8 737
-
total
16 354
-
27 880
-
Corporate
59 780
128 500
-
-
income
16 739
35 980
-
-
surtax
-
-
-
-
total
16 739
35 980
-
-
Dividends
43 042
92 520
-
-
withholding
5 509
11 842
-
-
surtax
-
-
-
-
social contributions
7 405
15 915
-
-
total
12 914
27 757
-
-
Income
128 500
128 500
128 500
128 500
Total tax
57 990
63 737
55 786
55 783
After tax
70 510
64 763
72 714
72 717
Living cost
40 381
40 381
40 381
40 381
Free-cash
30 129
24 382
32 333
32 336

Estimated living cost  is ₽40381 per week

₽27329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
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.
₽9194
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
₽62168
₽62167
₽78430
₽74331
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.

-
-
-
128 500
income
-
-
-
28 644
health
-
-
-
6 343
unemployment
-
-
-
924
pensions
-
-
-
16 011
total
-
-
-
51 922
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.

21 730
-
117 477
-
income
2 995
-
28 644
-
health
1 119
-
3 171
-
unemployment
163
-
462
-
pensions
3 042
-
8 621
-
total
7 319
-
40 898
-
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.

21 730
-
117 477
-
unemployment
163
-
462
-
pensions
2 608
-
7 390
-
health
1 119
-
3 171
-
total
3 890
-
11 023
-
Corporate
102 880
128 500
-
-
income
15 432
19 275
-
-
total
15 432
19 275
-
-
Dividends
87 448
109 225
-
-
withholding
13 117
16 384
-
-
total
13 117
16 384
-
-
Income
128 500
128 500
128 500
128 500
Total tax
39 758
35 659
51 921
51 922
After tax
88 742
92 841
76 579
76 578
Living cost
14 411
14 411
14 411
14 411
Free-cash
74 331
78 430
62 168
62 167

Estimated living cost  is ₽14411 per week

₽9703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
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.
₽3176
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
₽39892
₽45940
₽372
₽25356
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
-
-
-
128 500
regional
-
-
-
6 189
national
-
-
-
1 947
health
-
-
-
289
city
-
-
-
1 354
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.

-
-
-
2 570
pensions
-
-
-
11 823
total
-
-
-
24 172
Employee
68 329
-
115 014
-
regional
2 237
-
5 346
-
city
733
-
1 236
-
health
154
-
259
-
unemployment
-
-
-
-
national
323
-
1 498
-
pensions
5 741
-
9 661
-
total
9 188
-
18 000
-
Employer
68 329
-
115 014
-
unemployment
-
-
-
-
pensions
5 741
-
9 661
-
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.

1 366
-
2 300
-
health
154
-
259
-
total
7 261
-
12 220
-
Corporate
52 159
128 500
-
-
regional
11 031
27 177
-
-
national
4 433
10 923
-
-
total
15 464
38 100
-
-
Dividends
36 695
90 399
-
-
withholding
12 843
31 640
-
-
total
12 843
31 640
-
-
Income
128 500
128 500
128 500
128 500
Total tax
44 756
69 740
30 220
24 172
After tax
83 744
58 760
98 280
104 328
Living cost
58 388
58 388
58 388
58 388
Free-cash
25 356
372
39 892
45 940

Estimated living cost  is ₽58388 per week

₽37969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽717
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.
₽14462
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
₽36504
₽53512
₽49587
₽51237
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

-
-
-
128 500
municipal
-
-
-
22 836
national
-
-
-
18 424
health
-
-
-
1 629
total
-
-
-
42 889
Employee
43 988
-
108 101
-
health
328
-
1 315
-
unemployment
660
-
1 622
-
national
727
-
11 648
-
municipal
7 205
-
17 616
-
pensions
2 969
-
7 297
-
total
11 889
-
39 498
-
Employer
43 988
-
108 101
-
unemployment
286
-
703
-
pensions
7 632
-
18 755
-
accident
44
-
108
-
health
338
-
833
-
total
8 300
-
20 399
-
Corporate
76 213
128 500
-
-
income
15 243
25 700
-
-
total
15 243
25 700
-
-
Dividends

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

45 728
77 100
-
-
national
1 501
7 236
-
-
municipal
8 231
13 878
-
-
total
9 732
21 114
-
-
Income
128 500
128 500
128 500
128 500
Total tax
45 164
46 814
59 897
42 889
After tax
83 336
81 686
68 603
85 611
Living cost
32 099
32 099
32 099
32 099
Free-cash
51 237
49 587
36 504
53 512

Estimated living cost  is ₽32099 per week

₽20967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7535
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
₽15806
₽25462
₽41420
₽28884
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
-
-
-
128 500
national
-
-
-
46 015
social contributions
-
-
-
20 031
communal

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

-
-
-
6 508
total
-
-
-
72 554
Employee

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

59 805
-
99 527
-
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.

2 810
-
4 677
-
communal

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

3 119
-
5 191
-
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
-
866
-
national
18 386
-
35 039
-
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.

4 485
-
7 465
-
total
29 320
-
53 238
-
Employer

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

59 805
-
99 527
-
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.

873
-
1 453
-
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.

5 299
-
8 818
-
surtax
6 781
-
11 287
-
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.

777
-
1 293
-
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.

3 678
-
6 121
-
total
17 408
-
28 972
-
Corporate
51 287
128 500
-
-
income
10 257
25 700
-
-
surtax
205
514
-
-
total
10 462
26 214
-
-
Dividends
40 825
102 286
-
-
withholding

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

11 942
30 382
-
-
total
11 942
30 382
-
-
Income
128 500
128 500
128 500
128 500
Total tax
69 132
56 596
82 210
72 554
After tax
59 368
71 904
46 290
55 946
Living cost
30 484
30 484
30 484
30 484
Free-cash
28 884
41 420
15 806
25 462

Estimated living cost  is ₽30484 per week

₽19636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
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.
₽7706
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
₽32050
₽32890
₽35575
₽34797
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
-
-
-
128 500
municipal
-
-
-
31 770
national
-
-
-
7 294
health
-
-
-
4 730
accident
-
-
-
152
unemployment
-
-
-
76
pensions
-
-
-
8 194
other
-
-
-
8 808
total
-
-
-
61 024
Employee
49 282
-
104 684
-
national
-
-
6 830
-
municipal
14 696
-
31 217
-
total
14 696
-
38 047
-
Employer
49 282
-
104 684
-
unemployment
1 301
-
2 001
-
pensions
5 327
-
8 194
-
other
5 727
-
8 808
-
accident
99
-
152
-
health
3 031
-
4 662
-
total
15 485
-
23 817
-
Corporate
63 734
128 500
-
-
income
14 022
28 270
-
-
total
14 022
28 270
-
-
Dividends
49 712
100 230
-
-
withholding
14 914
30 069
-
-
total
14 914
30 069
-
-
Income
128 500
128 500
128 500
128 500
Total tax
59 117
58 339
61 864
61 024
After tax
69 383
70 161
66 636
67 476
Living cost
34 586
34 586
34 586
34 586
Free-cash
34 797
35 575
32 050
32 890

Estimated living cost  is ₽34586 per week

₽22922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3394
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.
₽7745
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
₽78584
₽50551
₽39926
-₽3687
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
-
-
-
128 500
income
-
-
-
25 047
social contributions
-
-
-
14 649
total
-
-
-
39 696
Employee
54 849
-
-
-
income
12 099
-
-
-
social contributions
4 498
-
641
-
total
16 597
-
641
-
Employer
54 849
-
-
-
social contributions
77 337
-
11 022
-
total
77 337
-
11 022
-
Corporate
-
128 500
-
-
income
-
28 270
-
-
total
-
28 270
-
-
Dividends
-
100 230
-
-
income
-
22 051
-
-
total
-
22 051
-
-
Income
128 500
128 500
128 500
128 500
Total tax
93 934
50 321
11 663
39 696
After tax
34 566
78 179
116 837
88 804
Living cost
38 253
38 253
38 253
38 253
Free-cash
-3 687
39 926
78 584
50 551

Estimated living cost  is ₽38253 per week

₽24820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽9348
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
₽60469
₽61652
₽66685
₽63218
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
-
-
-
128 500
income
-
-
-
22 927
social contributions
-
-
-
13 527
health
-
-
-
3 276
total
-
-
-
39 730
Employee
64 290
64 290
119 099
-
income
6 751
5 951
22 290
-
social contributions
3 124
5 336
7 197
-
health
639
1 093
2 025
-
total
10 514
12 380
31 512
-
Employer
64 290
64 290
119 099
-
social contributions
3 124
5 336
7 197
-
health
697
1 190
2 204
-
total
3 821
6 526
9 401
-
Corporate
87 047
57 684
-
-
income
10 881
7 211
-
-
total
10 881
7 211
-
-
Dividends
76 166
50 473
-
-
withholding
12 948
8 580
-
-
total
12 948
8 580
-
-
Income
128 500
128 500
128 500
128 500
Total tax
38 164
34 697
40 913
39 730
After tax
90 336
93 803
87 587
88 770
Living cost
27 118
27 118
27 118
27 118
Free-cash
63 218
66 685
60 469
61 652

Estimated living cost  is ₽27118 per week

₽18538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
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.
₽6007
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
₽44285
₽56001
₽55414
₽60256
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
-
-
-
128 500
income
-
-
-
35 073
pensions
-
-
-
7 047
total
-
-
-
42 120
Employee
41 700
-
112 395
-
income
7 594
-
27 261
-
health
544
-
1 690
-
pensions
3 183
-
8 781
-
total
11 321
-
37 732
-
Employer
41 700
-
112 395
-
pensions
4 213
-
13 968
-
health
793
-
2 136
-
total
5 006
-
16 104
-
Corporate
81 795
128 500
-
-
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.

15 541
24 415
-
-
total
15 541
24 415
-
-
Dividends
66 254
104 085
-
-
withholding
5 997
18 292
-
-
total
5 997
18 292
-
-
Income
128 500
128 500
128 500
128 500
Total tax
37 865
42 707
53 836
42 120
After tax
90 635
85 793
74 664
86 380
Living cost
30 379
30 379
30 379
30 379
Free-cash
60 256
55 414
44 285
56 001

Estimated living cost  is ₽30379 per week

₽20840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
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.
₽6364
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
₽21994
₽27684
₽34376
₽30575
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
-
-
-
128 500
municipal
-
-
-
858
regional
-
-
-
2 923
national
-
-
-
30 677
social contributions
-
-
-
33 051
total
-
-
-
67 509
Employee
70 453
-
128 500
-
regional
1 064
-
2 576
-
social contributions
23 756
-
43 330
-
national
11 906
-
26 527
-
municipal
420
-
766
-
total
37 146
-
73 199
-
Employer
70 453
-
128 500
-
total
-
-
-
-
Corporate
58 047
128 500
-
-
nationa
13 932
30 841
-
-
municipal
2 797
6 194
-
-
total
16 729
37 035
-
-
Dividends
41 318
91 465
-
-
withholding
10 743
23 782
-
-
total
10 743
23 782
-
-
Income
128 500
128 500
128 500
128 500
Total tax
64 618
60 817
73 199
67 509
After tax
63 882
67 683
55 301
60 991
Living cost
33 307
33 307
33 307
33 307
Free-cash
30 575
34 376
21 994
27 684

Estimated living cost  is ₽33307 per week

₽23396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
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.
₽7116
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
₽51922
₽70410
-₽7066
₽7728
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
-
-
-
128 500
income
-
-
-
35 083
health
-
-
-
1 732
accident
-
-
-
201
pensions
-
-
-
3 305
other
-
-
-
294
total
-
-
-
40 615
Employee
27 489
-
115 010
-
income
3 771
-
26 384
-
health
3 148
-
13 169
-
pensions
3 095
-
6 060
-
total
10 014
-
45 613
-
Employer
27 489
-
115 010
-
unemployment
673
-
2 818
-
pensions
4 470
-
8 751
-
accident
459
-
1 921
-
total
5 602
-
13 490
-
Corporate
95 408
128 500
-
-
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.

85 868
115 650
-
-
total
85 868
115 650
-
-
Dividends
9 541
12 850
-
-
withholding
1 813
2 441
-
-
total
1 813
2 441
-
-
Income
128 500
128 500
128 500
128 500
Total tax
103 297
118 091
59 103
40 615
After tax
25 203
10 409
69 397
87 885
Living cost
17 475
17 475
17 475
17 475
Free-cash
7 728
-7 066
51 922
70 410

Estimated living cost  is ₽17475 per week

₽12808
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.
₽3335
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
₽50799
₽37938
₽33882
₽44820
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.

-
-
-
128 500
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.

-
-
-
37 639
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.

-
-
-
5 712
trade
-
-
-
12 861
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.

-
-
-
2 071
total
-
-
-
58 283
Employee

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

41 600
-
128 500
-
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.

3 421
-
37 639
-
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.

5 712
-
5 712
-
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
-
2 071
-
total
9 322
-
45 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 900
128 500
-
-
chamber of commerce
254
316
-
-
income
13 036
19 276
-
-
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.

717
1 060
-
-
trade
12 471
18 440
-
-
total
26 478
39 092
-
-
Dividends
60 423
89 409
-
-
withholding
14 787
22 035
-
-
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.

814
1 212
-
-
total
15 601
23 247
-
-
Income
128 500
128 500
128 500
128 500
Total tax
51 401
62 339
45 422
58 283
After tax
77 099
66 161
83 078
70 217
Living cost
32 279
32 279
32 279
32 279
Free-cash
44 820
33 882
50 799
37 938

Estimated living cost  is ₽32279 per week

₽22266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽6070
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
₽60487
₽25069
₽85406
₽78547
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.

-
-
-
128 500
microenterprise
-
-
-
-
income
-
-
-
21 235
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.

-
-
-
32 034
surtax
-
-
-
32 768
total
-
-
-
86 037
Employee
24 431
-
92 820
-
income
4 349
-
18 049
-
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.

2 688
-
10 210
-
surtax
-
-
-
-
total
7 037
-
28 259
-
Employer
24 431
-
92 820
-
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.

5 885
-
22 360
-
surtax
-
-
-
-
total
5 885
-
22 360
-
Corporate
98 185
128 500
-
-
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%.

19 637
25 700
-
-
total
19 637
25 700
-
-
Dividends

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

78 547
102 800
-
-
total
-
-
-
-
Income
128 500
128 500
128 500
128 500
Total tax
32 559
25 700
50 619
86 037
After tax
95 941
102 800
77 881
42 463
Living cost
17 394
17 394
17 394
17 394
Free-cash
78 547
85 406
60 487
25 069

Estimated living cost  is ₽17394 per week

₽11097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4246
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
₽65601
₽66370
₽69376
₽67601
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
-
-
-
128 500
income
-
-
-
37 723
health
-
-
-
5 716
pensions
-
-
-
7 883
total
-
-
-
51 322
Employee
16 461
-
119 631
-
income
3 184
-
37 309
-
health
823
-
1 971
-
unemployment
165
-
394
-
pensions
1 481
-
3 548
-
total
5 653
-
43 222
-
Employer
16 461
-
119 631
-
unemployment
329
-
788
-
pensions
1 811
-
4 336
-
health
1 564
-
3 745
-
total
3 704
-
8 869
-
Corporate
108 335
128 500
-
-
income
23 834
28 270
-
-
total
23 834
28 270
-
-
Dividends
84 501
100 230
-
-
withholding
16 900
20 046
-
-
total
16 900
20 046
-
-
Income
128 500
128 500
128 500
128 500
Total tax
50 091
48 316
52 091
51 322
After tax
78 409
80 184
76 409
77 178
Living cost
10 808
10 808
10 808
10 808
Free-cash
67 601
69 376
65 601
66 370

Estimated living cost  is ₽10808 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
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.
₽3261
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
₽37882
₽42201
₽62048
₽59389
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
-
-
-
128 500
income
-
-
-
32 391
health
-
-
-
7 922
unemployment
-
-
-
190
surtax
-
-
-
4 700
pensions
-
-
-
22 317
other
-
-
-
-
total
-
-
-
67 520
Employee
28 156
-
106 154
-
other
-
-
-
-
income
4 720
-
28 299
-
health
719
-
2 707
-
unemployment
1 959
-
7 389
-
surtax
100
-
4 017
-
pensions
1 879
-
7 081
-
total
9 377
-
49 493
-
Employer
28 156
-
106 154
-
unemployment
893
-
3 365
-
pensions
3 754
-
14 151
-
other
-
-
-
-
health
1 280
-
4 830
-
total
5 927
-
22 346
-
Corporate
94 416
128 500
-
-
income
24 548
33 409
-
-
total
24 548
33 409
-
-
Dividends
69 868
95 091
-
-
withholding
10 480
14 264
-
-
total
10 480
14 264
-
-
Income
128 500
128 500
128 500
128 500
Total tax
50 332
47 673
71 839
67 520
After tax
78 168
80 827
56 661
60 980
Living cost
18 779
18 779
18 779
18 779
Free-cash
59 389
62 048
37 882
42 201

Estimated living cost  is ₽18779 per week

₽11338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
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.
₽5374
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
₽6924
₽39392
₽44692
₽44280
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
-
-
-
128 500
income
-
-
-
31 251
chamber of commerce
-
-