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
₽ 132500
per

Your estimated
City
free-cash

Valencia , Spain
₽46891
₽50560
₽64541
₽60546
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
-
-
-
132 500
income
-
-
-
33 592
accident
-
-
-
730
unemployment
-
-
-
567
pensions
-
-
-
22 930
other
-
-
-
81
total
-
-
-
57 900
Employee
32 324
-
106 668
-
other
32
-
81
-
income
6 232
-
30 591
-
unemployment
501
-
1 256
-
pensions
1 520
-
3 809
-
total
8 285
-
35 737
-
Employer
32 324
-
106 668
-
unemployment
1 778
-
4 456
-
pensions
7 628
-
19 123
-
other
259
-
649
-
accident
640
-
1 604
-
total
10 305
-
25 832
-
Corporate
89 870
132 500
-
-
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.

13 481
19 874
-
-
total
13 481
19 874
-
-
Dividends
76 389
112 626
-
-
withholding
15 843
24 045
-
-
total
15 843
24 045
-
-
Income
132 500
132 500
132 500
132 500
Total tax
47 914
43 919
61 569
57 900
After tax
84 586
88 581
70 931
74 600
Living cost
24 040
24 040
24 040
24 040
Free-cash
60 546
64 541
46 891
50 560

Estimated living cost  is ₽24040 per week

₽16226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽5081
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
₽52321
₽46839
₽74054
₽68147
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
-
-
-
132 500
income
-
-
-
18 444
health
-
-
-
5 830
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.

-
-
-
31 799
other
-
-
-
6 294
total
-
-
-
62 367
Employee
31 741
-
105 832
-
income
5 465
-
20 271
-
health
445
-
1 481
-
unemployment
317
-
1 058
-
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.

2 221
-
7 409
-
total
8 448
-
30 219
-
Employer
31 741
-
105 832
-
unemployment
317
-
1 058
-
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.

5 397
-
17 991
-
other
1 588
-
5 290
-
accident
254
-
846
-
health
445
-
1 481
-
total
8 001
-
26 666
-
Corporate
92 759
132 500
-
-
income
19 480
27 824
-
-
total
19 480
27 824
-
-
Dividends
73 279
104 676
-
-
withholding
5 130
7 328
-
-
total
5 130
7 328
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 059
35 152
56 885
62 367
After tax
91 441
97 348
75 615
70 133
Living cost
23 294
23 294
23 294
23 294
Free-cash
68 147
74 054
52 321
46 839

Estimated living cost  is ₽23294 per week

₽16459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4887
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
₽97997
₽93032
₽101838
₽97782
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
-
-
-
132 500
income
-
-
-
19 875
health
-
-
-
3 508
unemployment
-
-
-
122
pensions

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

-
-
-
4 514
total
-
-
-
28 019
Employee
15 160
-
126 516
-
income
1 516
-
12 652
-
health
697
-
1 403
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
pensions

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

1 331
-
2 678
-
total
3 711
-
17 069
-
Employer
15 160
-
126 516
-
unemployment
91
-
183
-
pensions

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

1 671
-
3 361
-
accident

We are using the highest rate at 1.1%.

167
-
336
-
health
1 046
-
2 105
-
total
2 975
-
5 985
-
Corporate
114 366
132 500
-
-
income
11 437
13 250
-
-
total
11 437
13 250
-
-
Dividends
102 929
119 250
-
-
withholding
5 146
5 963
-
-
total
5 146
5 963
-
-
Income
132 500
132 500
132 500
132 500
Total tax
23 269
19 213
23 054
28 019
After tax
109 231
113 287
109 446
104 481
Living cost
11 449
11 449
11 449
11 449
Free-cash
97 782
101 838
97 997
93 032

Estimated living cost  is ₽11449 per week

₽6684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽303
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.
₽3644
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
₽45307
₽45107
₽36870
₽42034
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
-
-
-
132 500
income
-
-
-
18 995
social contributions
-
-
-
3 774
health
-
-
-
4 932
surtax
-
-
-
-
pensions
-
-
-
25 675
other
-
-
-
4 108
total
-
-
-
57 484
Employee
37 415
-
103 870
-
income
2 208
-
19 021
-
social contributions
1 067
-
2 960
-
surtax
-
-
-
-
pensions
4 230
-
6 672
-
total
7 505
-
28 653
-
Employer
37 415
-
103 870
-
unemployment
1 515
-
4 207
-
social contributions
113
-
312
-
pensions
6 146
-
11 333
-
other
1 291
-
3 818
-
health
2 620
-
8 961
-
total
11 685
-
28 631
-
Corporate
83 401
132 500
-
-
income
23 352
37 099
-
-
surtax
-
-
-
-
total
23 352
37 099
-
-
Dividends
60 050
95 401
-
-
withholding
7 686
12 212
-
-
surtax
-
-
-
-
social contributions
10 329
16 410
-
-
total
18 015
28 622
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 557
65 721
57 284
57 484
After tax
71 943
66 779
75 216
75 016
Living cost
29 909
29 909
29 909
29 909
Free-cash
42 034
36 870
45 307
45 107

Estimated living cost  is ₽29909 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽8111
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
₽43830
₽38024
₽28658
₽23301
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
-
-
-
132 500
income
-
-
-
36 832
health
-
-
-
10 780
pensions
-
-
-
10 242
total
-
-
-
57 854
Employee
74 653
74 653
116 254
-
income

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

12 220
12 220
14 781
-
health
11 458
9 746
10 780
-
pensions
13 438
10 242
10 242
-
total
37 116
32 208
35 803
-
Employer
74 653
74 653
116 254
-
unemployment
2 688
2 688
3 339
-
pensions
5 196
5 196
6 458
-
health
5 189
5 189
6 448
-
total
13 073
13 073
16 245
-
Corporate
45 690
44 774
-
-
income
9 138
8 955
-
-
total
9 138
8 955
-
-
Dividends
36 552
35 819
-
-
withholding
5 483
5 373
-
-
income
7 767
7 611
-
-
total
13 250
12 984
-
-
Income
132 500
132 500
132 500
132 500
Total tax
72 577
67 220
52 048
57 854
After tax
59 923
65 280
80 452
74 646
Living cost
36 622
36 622
36 622
36 622
Free-cash
23 301
28 658
43 830
38 024

Estimated living cost  is ₽36622 per week

₽25953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
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
₽59353
₽44885
₽40386
₽50053
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.

-
-
-
132 500
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.

-
-
-
38 574
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.

-
-
-
5 972
trade
-
-
-
14 468
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.

-
-
-
2 122
total
-
-
-
61 136
Employee

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

33 437
-
132 500
-
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.

934
-
38 574
-
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.

5 972
-
5 972
-
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.

51
-
2 122
-
total
6 957
-
46 668
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
99 063
132 500
-
-
chamber of commerce
275
323
-
-
income
14 859
19 874
-
-
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.

818
1 093
-
-
trade
15 603
20 868
-
-
total
31 555
42 158
-
-
Dividends
67 508
90 341
-
-
withholding
16 545
22 253
-
-
surtax

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

911
1 224
-
-
total
17 456
23 477
-
-
Income
132 500
132 500
132 500
132 500
Total tax
55 968
65 635
46 668
61 136
After tax
76 532
66 865
85 832
71 364
Living cost
26 479
26 479
26 479
26 479
Free-cash
50 053
40 386
59 353
44 885

Estimated living cost  is ₽26479 per week

₽16656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6241
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
₽70178
₽71400
₽76491
₽71732
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
-
-
-
132 500
income
-
-
-
23 337
social contributions
-
-
-
14 144
health
-
-
-
3 379
total
-
-
-
40 860
Employee
67 222
67 222
122 705
-
income
7 319
6 223
22 678
-
social contributions
2 542
5 579
7 525
-
health
521
1 143
2 085
-
total
10 382
12 945
32 288
-
Employer
67 222
67 222
122 705
-
social contributions
2 542
5 579
7 525
-
health
566
1 244
2 269
-
total
3 108
6 823
9 794
-
Corporate
98 771
58 455
-
-
income
12 346
7 306
-
-
total
12 346
7 306
-
-
Dividends
86 425
51 148
-
-
withholding
14 692
8 695
-
-
total
14 692
8 695
-
-
Income
132 500
132 500
132 500
132 500
Total tax
40 528
35 769
42 082
40 860
After tax
91 972
96 731
90 418
91 640
Living cost
20 240
20 240
20 240
20 240
Free-cash
71 732
76 491
70 178
71 400

Estimated living cost  is ₽20240 per week

₽12130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽5677
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
₽34872
₽44293
₽47946
₽47065
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.

-
-
-
132 500
income
-
-
-
14 743
social contributions

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

-
-
-
46 043
surtax
-
-
-
-
total
-
-
-
60 786
Employee
40 207
-
107 071
-
income
8 363
-
32 999
-
social contributions
4 423
-
11 779
-
surtax
-
-
-
-
total
12 786
-
44 778
-
Employer
40 207
-
107 071
-
social contributions
9 549
-
25 429
-
total
9 549
-
25 429
-
Corporate
82 744
132 500
-
-
income
17 376
27 824
-
-
surtax
-
-
-
-
total
17 376
27 824
-
-
Dividends
65 368
104 676
-
-
withholding
18 303
29 309
-
-
total
18 303
29 309
-
-
Income
132 500
132 500
132 500
132 500
Total tax
58 014
57 133
70 207
60 786
After tax
74 486
75 367
62 293
71 714
Living cost
27 421
27 421
27 421
27 421
Free-cash
47 065
47 946
34 872
44 293

Estimated living cost  is ₽27421 per week

₽20516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4829
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
₽99711
₽124886
₽119586
₽118407
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%.

-
-
-
132 500
microenterprise

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

-
-
-
1 325
total
-
-
-
1 325
Employee
7 861
-
132 500
-
income
1 572
-
26 500
-
total
1 572
-
26 500
-
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%.

124 639
132 500
-
-
total
-
-
-
-
Dividends
124 639
132 500
-
-
withholding
6 232
6 625
-
-
total
6 232
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
7 804
6 625
26 500
1 325
After tax
124 696
125 875
106 000
131 175
Living cost
6 289
6 289
6 289
6 289
Free-cash
118 407
119 586
99 711
124 886

Estimated living cost  is ₽6289 per week

₽3897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
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.
₽1696
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
₽38847
₽42355
₽67778
₽60467
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.

-
-
-
132 500
income
-
-
-
29 262
health
-
-
-
13 038
unemployment
-
-
-
199
pensions
-
-
-
24 198
total
-
-
-
66 697
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

38 658
-
114 650
-
income
6 666
-
27 017
-
health
2 497
-
7 406
-
unemployment
55
-
161
-
pensions
5 992
-
17 771
-
total
15 210
-
52 355
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

38 658
-
114 650
-
unemployment
23
-
68
-
pensions
3 421
-
10 146
-
health
2 575
-
7 636
-
total
6 019
-
17 850
-
Corporate
87 824
132 500
-
-
income
16 686
25 175
-
-
total
16 686
25 175
-
-
Dividends
71 138
107 325
-
-
withholding
10 670
16 099
-
-
total
10 670
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
48 585
41 274
70 205
66 697
After tax
83 915
91 226
62 295
65 803
Living cost
23 448
23 448
23 448
23 448
Free-cash
60 467
67 778
38 847
42 355

Estimated living cost  is ₽23448 per week

₽16092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
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.
₽5400
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
₽63788
₽70170
₽49772
₽52827
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.

-
-
-
132 500
income
-
-
-
24 884
health

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

-
-
-
5 712
total
-
-
-
30 596
Employee
40 103
-
128 479
-
social contributions
4 018
-
4 021
-
income
4 351
-
28 936
-
total
8 369
-
32 957
-
Employer
40 103
-
128 479
-
social contributions
4 018
-
4 021
-
total
4 018
-
4 021
-
Corporate
88 379
132 500
-
-
income
30 933
46 375
-
-
total
30 933
46 375
-
-
Dividends
57 446
86 125
-
-
social contributions
4 619
4 619
-
-
total
4 619
4 619
-
-
Income
132 500
132 500
132 500
132 500
Total tax
47 939
50 994
36 978
30 596
After tax
84 561
81 506
95 522
101 904
Living cost
31 734
31 734
31 734
31 734
Free-cash
52 827
49 772
63 788
70 170

Estimated living cost  is ₽31734 per week

₽20903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2502
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.
₽7842
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
₽64453
₽66555
₽62301
₽62755
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
-
-
-
132 500
income
-
-
-
19 874
social contributions
-
-
-
18 285
health
-
-
-
9 249
total
-
-
-
47 408
Employee
29 641
-
132 500
-
income
4 944
-
21 976
-
social contributions
4 091
-
18 285
-
health
2 069
-
9 249
-
total
11 104
-
49 510
-
Employer
29 641
-
132 500
-
total
-
-
-
-
Corporate
102 859
132 500
-
-
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%.

5 143
6 624
-
-
total
5 143
6 624
-
-
Dividends
97 717
125 876
-
-
withholding
14 657
18 881
-
-
health
6 820
8 786
-
-
social contributions
13 484
17 371
-
-
total
34 961
45 038
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 208
51 662
49 510
47 408
After tax
81 292
80 838
82 990
85 092
Living cost
18 537
18 537
18 537
18 537
Free-cash
62 755
62 301
64 453
66 555

Estimated living cost  is ₽18537 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4560
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
₽44564
₽50311
₽67583
₽59149
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
-
-
-
132 500
income
-
-
-
13 050
social contributions
-
-
-
27 609
solidarity contribution
-
-
-
-
health
-
-
-
17 887
total
-
-
-
58 546
Employee
34 770
-
99 873
-
solidarity contribution
-
-
-
-
income
4 172
-
12 037
-
social contributions
2 260
-
6 146
-
health
4 694
-
13 483
-
total
11 126
-
31 666
-
Employer
34 770
-
99 873
-
social contributions
8 692
-
23 638
-
health
3 129
-
8 989
-
total
11 821
-
32 627
-
Corporate
85 909
132 500
-
-
income
16 323
25 175
-
-
total
16 323
25 175
-
-
Dividends
69 586
107 325
-
-
withholding
10 438
16 099
-
-
total
10 438
16 099
-
-
Income
132 500
132 500
132 500
132 500
Total tax
49 708
41 274
64 293
58 546
After tax
82 792
91 226
68 207
73 954
Living cost
23 643
23 643
23 643
23 643
Free-cash
59 149
67 583
44 564
50 311

Estimated living cost  is ₽23643 per week

₽17583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
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.
₽4342
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
₽96200
₽121375
₽116075
₽114237
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%.

-
-
-
132 500
microenterprise

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

-
-
-
1 325
total
-
-
-
1 325
Employee
12 251
-
132 500
-
income
2 450
-
26 500
-
total
2 450
-
26 500
-
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%.

120 249
132 500
-
-
total
-
-
-
-
Dividends
120 249
132 500
-
-
withholding
6 013
6 625
-
-
total
6 013
6 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
8 463
6 625
26 500
1 325
After tax
124 037
125 875
106 000
131 175
Living cost
9 800
9 800
9 800
9 800
Free-cash
114 237
116 075
96 200
121 375

Estimated living cost  is ₽9800 per week

₽6632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
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.
₽2428
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
₽32993
₽32793
₽24556
₽30565
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
-
-
-
132 500
income
-
-
-
18 995
social contributions
-
-
-
3 774
health
-
-
-
4 932
surtax
-
-
-
-
pensions
-
-
-
25 675
other
-
-
-
4 108
total
-
-
-
57 484
Employee
54 753
-
103 870
-
income
4 777
-
19 021
-
social contributions
1 559
-
2 960
-
surtax
-
-
-
-
pensions
6 193
-
6 672
-
total
12 529
-
28 653
-
Employer
54 753
-
103 870
-
unemployment
2 218
-
4 207
-
social contributions
164
-
312
-
pensions
8 997
-
11 333
-
other
1 890
-
3 818
-
health
3 832
-
8 961
-
total
17 101
-
28 631
-
Corporate
60 646
132 500
-
-
income
16 981
37 099
-
-
surtax
-
-
-
-
total
16 981
37 099
-
-
Dividends
43 665
95 401
-
-
withholding
5 589
12 212
-
-
surtax
-
-
-
-
social contributions
7 512
16 410
-
-
total
13 101
28 622
-
-
Income
132 500
132 500
132 500
132 500
Total tax
59 712
65 721
57 284
57 484
After tax
72 788
66 779
75 216
75 016
Living cost
42 223
42 223
42 223
42 223
Free-cash
30 565
24 556
32 993
32 793

Estimated living cost  is ₽42223 per week

₽28576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9614
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
₽63594
₽63593
₽80657
₽76369
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.

-
-
-
132 500
income
-
-
-
29 484
health
-
-
-
6 635
unemployment
-
-
-
966
pensions
-
-
-
16 748
total
-
-
-
53 833
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

22 730
-
120 969
-
income
3 133
-
29 484
-
health
1 171
-
3 317
-
unemployment
170
-
483
-
pensions
3 182
-
9 018
-
total
7 656
-
42 302
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

22 730
-
120 969
-
unemployment
170
-
483
-
pensions
2 728
-
7 730
-
health
1 171
-
3 317
-
total
4 069
-
11 530
-
Corporate
105 701
132 500
-
-
income
15 855
19 875
-
-
total
15 855
19 875
-
-
Dividends
89 846
112 625
-
-
withholding
13 477
16 894
-
-
total
13 477
16 894
-
-
Income
132 500
132 500
132 500
132 500
Total tax
41 057
36 769
53 832
53 833
After tax
91 443
95 731
78 668
78 667
Living cost
15 074
15 074
15 074
15 074
Free-cash
76 369
80 657
63 594
63 593

Estimated living cost  is ₽15074 per week

₽10149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
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.
₽3322
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
₽40309
₽46613
-₽512
₽25632
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
-
-
-
132 500
regional
-
-
-
6 319
national
-
-
-
1 933
health
-
-
-
298
city
-
-
-
1 397
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.

-
-
-
2 650
pensions
-
-
-
12 190
total
-
-
-
24 787
Employee
71 502
-
118 596
-
regional
2 341
-
5 467
-
city
767
-
1 274
-
health
162
-
267
-
unemployment
-
-
-
-
national
338
-
1 521
-
pensions
6 007
-
9 962
-
total
9 615
-
18 491
-
Employer
71 502
-
118 596
-
unemployment
-
-
-
-
pensions
6 007
-
9 962
-
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.

1 430
-
2 371
-
health
162
-
267
-
total
7 599
-
12 600
-
Corporate
52 613
132 500
-
-
regional
11 128
28 024
-
-
national
4 472
11 263
-
-
total
15 600
39 287
-
-
Dividends
37 013
93 213
-
-
withholding
12 954
32 625
-
-
total
12 954
32 625
-
-
Income
132 500
132 500
132 500
132 500
Total tax
45 768
71 912
31 091
24 787
After tax
86 732
60 588
101 409
107 713
Living cost
61 100
61 100
61 100
61 100
Free-cash
25 632
-512
40 309
46 613

Estimated living cost  is ₽61100 per week

₽39732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
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.
₽15134
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
₽37312
₽55020
₽50798
₽52480
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

-
-
-
132 500
municipal
-
-
-
23 549
national
-
-
-
18 692
health
-
-
-
1 676
total
-
-
-
43 917
Employee
45 994
-
111 466
-
health
343
-
1 352
-
unemployment
690
-
1 672
-
national
760
-
11 879
-
municipal
7 533
-
18 166
-
pensions
3 104
-
7 523
-
total
12 430
-
40 592
-
Employer
45 994
-
111 466
-
unemployment
299
-
725
-
pensions
7 980
-
19 339
-
accident
46
-
111
-
health
353
-
858
-
total
8 678
-
21 033
-
Corporate
77 828
132 500
-
-
income
15 566
26 500
-
-
total
15 566
26 500
-
-
Dividends

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

46 697
79 500
-
-
national
1 377
7 329
-
-
municipal
8 406
14 310
-
-
total
9 783
21 639
-
-
Income
132 500
132 500
132 500
132 500
Total tax
46 457
48 139
61 625
43 917
After tax
86 043
84 361
70 875
88 583
Living cost
33 563
33 563
33 563
33 563
Free-cash
52 480
50 798
37 312
55 020

Estimated living cost  is ₽33563 per week

₽21923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽7878
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
₽15975
₽25921
₽42273
₽29162
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
-
-
-
132 500
national
-
-
-
47 314
social contributions
-
-
-
20 681
communal

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

-
-
-
6 709
total
-
-
-
74 704
Employee

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

62 532
-
102 622
-
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.

2 938
-
4 823
-
communal

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

3 262
-
5 353
-
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.

544
-
893
-
national
19 225
-
36 011
-
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.

4 690
-
7 696
-
total
30 659
-
54 776
-
Employer

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

62 532
-
102 622
-
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.

912
-
1 498
-
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.

5 541
-
9 093
-
surtax
7 090
-
11 636
-
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.

813
-
1 335
-
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.

3 845
-
6 312
-
total
18 201
-
29 874
-
Corporate
51 765
132 500
-
-
income
10 354
26 500
-
-
surtax
207
529
-
-
total
10 561
27 029
-
-
Dividends
41 205
105 470
-
-
withholding

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

12 042
31 323
-
-
total
12 042
31 323
-
-
Income
132 500
132 500
132 500
132 500
Total tax
71 463
58 352
84 650
74 704
After tax
61 037
74 148
47 850
57 796
Living cost
31 875
31 875
31 875
31 875
Free-cash
29 162
42 273
15 975
25 921

Estimated living cost  is ₽31875 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8058
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
₽33009
₽33876
₽36629
₽35826
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
-
-
-
132 500
municipal
-
-
-
32 749
national
-
-
-
7 483
health
-
-
-
4 884
accident
-
-
-
156
unemployment
-
-
-
78
pensions
-
-
-
8 462
other
-
-
-
9 096
total
-
-
-
62 908
Employee
50 892
-
107 905
-
national
-
-
7 004
-
municipal
15 176
-
32 177
-
total
15 176
-
39 181
-
Employer
50 892
-
107 905
-
unemployment
1 344
-
2 066
-
pensions
5 501
-
8 462
-
other
5 914
-
9 096
-
accident
102
-
156
-
health
3 130
-
4 814
-
total
15 991
-
24 594
-
Corporate
65 618
132 500
-
-
income
14 436
29 150
-
-
total
14 436
29 150
-
-
Dividends
51 182
103 350
-
-
withholding
15 355
31 005
-
-
total
15 355
31 005
-
-
Income
132 500
132 500
132 500
132 500
Total tax
60 958
60 155
63 775
62 908
After tax
71 542
72 345
68 725
69 592
Living cost
35 716
35 716
35 716
35 716
Free-cash
35 826
36 629
33 009
33 876

Estimated living cost  is ₽35716 per week

₽23671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽7998
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
₽82080
₽52928
₽41973
-₽1024
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
-
-
-
132 500
income
-
-
-
25 827
social contributions
-
-
-
15 105
total
-
-
-
40 932
Employee
55 404
-
-
-
income
12 221
-
-
-
social contributions
4 543
-
647
-
total
16 764
-
647
-
Employer
55 404
-
-
-
social contributions
78 120
-
11 133
-
total
78 120
-
11 133
-
Corporate
-
132 500
-
-
income
-
29 150
-
-
total
-
29 150
-
-
Dividends
-
103 350
-
-
income
-
22 737
-
-
total
-
22 737
-
-
Income
132 500
132 500
132 500
132 500
Total tax
94 884
51 887
11 780
40 932
After tax
37 616
80 613
120 720
91 568
Living cost
38 640
38 640
38 640
38 640
Free-cash
-1 024
41 973
82 080
52 928

Estimated living cost  is ₽38640 per week

₽25071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9442
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
₽62063
₽63285
₽68376
₽64748
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
-
-
-
132 500
income
-
-
-
23 337
social contributions
-
-
-
14 144
health
-
-
-
3 379
total
-
-
-
40 860
Employee
67 222
67 222
122 705
-
income
7 059
6 223
22 678
-
social contributions
3 267
5 579
7 525
-
health
669
1 143
2 085
-
total
10 995
12 945
32 288
-
Employer
67 222
67 222
122 705
-
social contributions
3 267
5 579
7 525
-
health
728
1 244
2 269
-
total
3 995
6 823
9 794
-
Corporate
89 156
58 455
-
-
income
11 145
7 306
-
-
total
11 145
7 306
-
-
Dividends
78 012
51 148
-
-
withholding
13 262
8 695
-
-
total
13 262
8 695
-
-
Income
132 500
132 500
132 500
132 500
Total tax
39 397
35 769
42 082
40 860
After tax
93 103
96 731
90 418
91 640
Living cost
28 355
28 355
28 355
28 355
Free-cash
64 748
68 376
62 063
63 285

Estimated living cost  is ₽28355 per week

₽19383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6281
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
₽45392
₽57483
₽56938
₽61998
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
-
-
-
132 500
income
-
-
-
35 958
pensions
-
-
-
7 327
total
-
-
-
43 285
Employee
43 557
-
115 911
-
income
7 932
-
27 896
-
health
568
-
1 750
-
pensions
3 324
-
9 142
-
total
11 824
-
38 788
-
Employer
43 557
-
115 911
-
pensions
4 401
-
14 385
-
health
828
-
2 203
-
total
5 229
-
16 588
-
Corporate
83 714
132 500
-
-
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.

15 906
25 176
-
-
total
15 906
25 176
-
-
Dividends
67 809
107 324
-
-
withholding
5 811
18 654
-
-
total
5 811
18 654
-
-
Income
132 500
132 500
132 500
132 500
Total tax
38 770
43 830
55 376
43 285
After tax
93 730
88 670
77 124
89 215
Living cost
31 732
31 732
31 732
31 732
Free-cash
61 998
56 938
45 392
57 483

Estimated living cost  is ₽31732 per week

₽21768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
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.
₽6647
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
₽22293
₽28188
₽34965
₽30990
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
-
-
-
132 500
municipal
-
-
-
886
regional
-
-
-
3 012
national
-
-
-
31 510
social contributions
-
-
-
34 078
total
-
-
-
69 486
Employee
73 666
-
132 500
-
regional
1 112
-
2 645
-
social contributions
24 840
-
44 679
-
national
12 449
-
27 267
-
municipal
440
-
790
-
total
38 841
-
75 381
-
Employer
73 666
-
132 500
-
total
-
-
-
-
Corporate
58 834
132 500
-
-
nationa
14 119
31 801
-
-
municipal
2 835
6 387
-
-
total
16 954
38 188
-
-
Dividends
41 879
94 312
-
-
withholding
10 889
24 521
-
-
total
10 889
24 521
-
-
Income
132 500
132 500
132 500
132 500
Total tax
66 684
62 709
75 381
69 486
After tax
65 816
69 791
57 119
63 014
Living cost
34 826
34 826
34 826
34 826
Free-cash
30 990
34 965
22 293
28 188

Estimated living cost  is ₽34826 per week

₽24463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7440
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
₽53535
₽72596
-₽7291
₽7968
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
-
-
-
132 500
income
-
-
-
36 174
health
-
-
-
1 787
accident
-
-
-
207
pensions
-
-
-
3 409
other
-
-
-
304
total
-
-
-
41 881
Employee
28 351
-
118 589
-
income
3 890
-
27 203
-
health
3 246
-
13 578
-
pensions
3 192
-
6 250
-
total
10 328
-
47 031
-
Employer
28 351
-
118 589
-
unemployment
695
-
2 905
-
pensions
4 610
-
9 026
-
accident
473
-
1 980
-
total
5 778
-
13 911
-
Corporate
98 371
132 500
-
-
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.

88 534
119 250
-
-
total
88 534
119 250
-
-
Dividends
9 837
13 250
-
-
withholding
1 869
2 518
-
-
total
1 869
2 518
-
-
Income
132 500
132 500
132 500
132 500
Total tax
106 509
121 768
60 942
41 881
After tax
25 991
10 732
71 558
90 619
Living cost
18 023
18 023
18 023
18 023
Free-cash
7 968
-7 291
53 535
72 596

Estimated living cost  is ₽18023 per week

₽13209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽3439
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
₽52081
₽38901
₽34477
₽45911
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.

-
-
-
132 500
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.

-
-
-
38 574
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.

-
-
-
5 972
trade
-
-
-
13 180
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.

-
-
-
2 122
total
-
-
-
59 848
Employee

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

43 497
-
132 500
-
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.

3 577
-
38 574
-
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.

5 972
-
5 972
-
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.

197
-
2 122
-
total
9 746
-
46 668
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
89 003
132 500
-
-
chamber of commerce
264
327
-
-
income
13 350
19 874
-
-
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.

735
1 093
-
-
trade
12 772
19 013
-
-
total
27 121
40 307
-
-
Dividends
61 882
92 192
-
-
withholding
15 138
22 716
-
-
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.

833
1 249
-
-
total
15 971
23 965
-
-
Income
132 500
132 500
132 500
132 500
Total tax
52 838
64 272
46 668
59 848
After tax
79 662
68 228
85 832
72 652
Living cost
33 751
33 751
33 751
33 751
Free-cash
45 911
34 477
52 081
38 901

Estimated living cost  is ₽33751 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽6347
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
₽62331
₽25255
₽87813
₽80643
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.

-
-
-
132 500
microenterprise
-
-
-
-
income
-
-
-
21 775
social contributions

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

-
-
-
33 495
surtax
-
-
-
33 788
total
-
-
-
89 058
Employee
25 545
-
95 352
-
income
4 547
-
18 524
-
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.

2 810
-
10 488
-
surtax
-
-
-
-
total
7 357
-
29 012
-
Employer
25 545
-
95 352
-
social contributions

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

6 153
-
22 970
-
surtax
-
-
-
-
total
6 153
-
22 970
-
Corporate
100 802
132 500
-
-
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%.

20 160
26 500
-
-
total
20 160
26 500
-
-
Dividends

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

80 642
106 000
-
-
total
-
-
-
-
Income
132 500
132 500
132 500
132 500
Total tax
33 670
26 500
51 982
89 058
After tax
98 830
106 000
80 518
43 442
Living cost
18 187
18 187
18 187
18 187
Free-cash
80 643
87 813
62 331
25 255

Estimated living cost  is ₽18187 per week

₽11603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4439
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
₽67296
₽68103
₽71326
₽69462
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
-
-
-
132 500
income
-
-
-
38 757
health
-
-
-
6 004
pensions
-
-
-
8 282
total
-
-
-
53 043
Employee
17 293
-
123 183
-
income
3 345
-
38 322
-
health
865
-
2 070
-
unemployment
173
-
414
-
pensions
1 556
-
3 727
-
total
5 939
-
44 533
-
Employer
17 293
-
123 183
-
unemployment
346
-
828
-
pensions
1 902
-
4 555
-
health
1 643
-
3 934
-
total
3 891
-
9 317
-
Corporate
111 316
132 500
-
-
income
24 489
29 150
-
-
total
24 489
29 150
-
-
Dividends
86 827
103 350
-
-
withholding
17 365
20 670
-
-
total
17 365
20 670
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 684
49 820
53 850
53 043
After tax
80 816
82 680
78 650
79 457
Living cost
11 354
11 354
11 354
11 354
Free-cash
69 462
71 326
67 296
68 103

Estimated living cost  is ₽11354 per week

₽6747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
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.
₽3426
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
₽38997
₽43240
₽63707
₽60924
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
-
-
-
132 500
income
-
-
-
33 032
health
-
-
-
8 283
unemployment
-
-
-
199
surtax
-
-
-
4 775
pensions
-
-
-
23 335
other
-
-
-
-
total
-
-
-
69 624
Employee
29 440
-
109 459
-
other
-
-
-
-
income
4 935
-
29 010
-
health
752
-
2 792
-
unemployment
2 049
-
7 618
-
surtax
105
-
4 104
-
pensions
1 964
-
7 301
-
total
9 805
-
50 825
-
Employer
29 440
-
109 459
-
unemployment
934
-
3 471
-
pensions
3 925
-
14 591
-
other
-
-
-
-
health
1 339
-
4 980
-
total
6 198
-
23 042
-
Corporate
96 862
132 500
-
-
income
25 185
34 450
-
-
total
25 185
34 450
-
-
Dividends
71 677
98 050
-
-
withholding
10 752
14 707
-
-
total
10 752
14 707
-
-
Income
132 500
132 500
132 500
132 500
Total tax
51 940
49 157
73 867
69 624
After tax
80 560
83 343
58 633
62 876
Living cost
19 636
19 636
19 636
19 636
Free-cash
60 924
63 707
38 997
43 240

Estimated living cost  is ₽19636 per week

₽11855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5619
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
₽6668
₽40229
₽45723
₽45288
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
-
-
-
132 500
income
-
-
-
31 784
chamber of commerce
-
-