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
₽ 142500
per

Your estimated
City
free-cash

Valencia , Spain
₽69921
₽55081
₽58370
₽73382
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
-
-
-
142 500
unemployment
-
-
-
509
income
-
-
-
40 787
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
62 579
Employee
28 978
-
119 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
38 096
-
other
28
-
73
-
total
7 426
-
42 710
-
Employer
28 978
-
119 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
104 283
142 500
-
-
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.

15 643
21 374
-
-
total
15 643
21 374
-
-
Dividends
88 640
121 126
-
-
withholding
18 721
26 193
-
-
total
18 721
26 193
-
-
Income
142 500
142 500
142 500
142 500
Total tax
51 028
47 567
65 868
62 579
After tax
91 472
94 933
76 632
79 921
Living cost
21 551
21 551
21 551
21 551
Free-cash
69 921
73 382
55 081
58 370

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
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.
₽4555
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
₽78518
₽59774
₽59679
₽83811
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
-
-
-
142 500
pensions

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

-
-
-
28 602
income
-
-
-
22 432
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
61 938
Employee
28 456
-
113 820
-
health
399
-
1 593
-
unemployment
284
-
1 138
-
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.

1 991
-
7 967
-
income
4 899
-
22 465
-
total
7 573
-
33 163
-
Employer
28 456
-
113 820
-
health
399
-
1 593
-
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.

4 838
-
19 349
-
accident
228
-
910
-
unemployment
284
-
1 138
-
other
1 423
-
5 690
-
total
7 172
-
28 680
-
Corporate
106 873
142 500
-
-
income
22 444
29 925
-
-
total
22 444
29 925
-
-
Dividends
84 429
112 575
-
-
withholding
5 910
7 881
-
-
total
5 910
7 881
-
-
Income
142 500
142 500
142 500
142 500
Total tax
43 099
37 806
61 843
61 938
After tax
99 401
104 694
80 657
80 562
Living cost
20 883
20 883
20 883
20 883
Free-cash
78 518
83 811
59 774
59 679

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
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.
₽4381
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
₽107927
₽109186
₽103548
₽111567
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
-
-
-
142 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
21 375
health
-
-
-
3 147
total
-
-
-
28 681
Employee
13 600
-
137 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
13 713
-
total
3 330
-
17 676
-
Employer
13 600
-
137 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
126 232
142 500
-
-
income
12 623
14 250
-
-
total
12 623
14 250
-
-
Dividends
113 609
128 250
-
-
withholding
5 681
6 413
-
-
total
5 681
6 413
-
-
Income
142 500
142 500
142 500
142 500
Total tax
24 303
20 663
23 044
28 681
After tax
118 197
121 837
119 456
113 819
Living cost
10 270
10 270
10 270
10 270
Free-cash
107 927
111 567
109 186
103 548

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
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.
₽3269
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
₽49637
₽50983
₽53416
₽45009
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
-
-
-
142 500
income
-
-
-
22 643
other
-
-
-
4 417
health
-
-
-
6 165
social contributions
-
-
-
4 060
pensions
-
-
-
24 986
surtax
-
-
-
-
total
-
-
-
62 271
Employee
33 541
-
110 172
-
pensions
3 792
-
7 707
-
income
1 980
-
21 530
-
social contributions
956
-
3 140
-
surtax
-
-
-
-
total
6 728
-
32 377
-
Employer
33 541
-
110 172
-
health
2 348
-
10 249
-
social contributions
101
-
330
-
pensions
5 510
-
12 968
-
unemployment
1 358
-
4 462
-
other
1 157
-
4 318
-
total
10 474
-
32 327
-
Corporate
98 484
142 500
-
-
income
27 576
39 899
-
-
surtax
-
-
-
-
total
27 576
39 899
-
-
Dividends
70 908
102 601
-
-
social contributions
12 195
17 647
-
-
surtax
-
-
-
-
withholding
9 077
13 132
-
-
total
21 272
30 779
-
-
Income
142 500
142 500
142 500
142 500
Total tax
66 050
70 678
64 704
62 271
After tax
76 450
71 822
77 796
80 229
Living cost
26 813
26 813
26 813
26 813
Free-cash
49 637
45 009
50 983
53 416

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
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
₽32985
₽56682
₽45531
₽37788
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
-
-
-
142 500
pensions
-
-
-
9 182
income
-
-
-
45 292
health
-
-
-
9 664
total
-
-
-
64 138
Employee
66 925
66 925
127 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
19 576
-
total
33 274
28 874
38 422
-
Employer
66 925
66 925
127 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
64 676
63 855
-
-
income
12 936
12 771
-
-
total
12 936
12 771
-
-
Dividends
51 740
51 084
-
-
income
10 995
10 855
-
-
withholding
7 760
7 662
-
-
total
18 755
18 517
-
-
Income
142 500
142 500
142 500
142 500
Total tax
76 684
71 881
52 987
64 138
After tax
65 816
70 619
89 513
78 362
Living cost
32 831
32 831
32 831
32 831
Free-cash
32 985
37 788
56 682
45 531

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽6083
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
₽56796
₽66416
₽49711
₽48128
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.

-
-
-
142 500
trade
-
-
-
16 705
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.

-
-
-
44 543
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.

-
-
-
5 354
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.

-
-
-
2 449
total
-
-
-
69 051
Employee

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

29 975
-
142 500
-
health

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

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

5 354
-
5 354
-
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.

837
-
44 543
-
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.

46
-
2 449
-
total
6 237
-
52 346
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
112 525
142 500
-
-
income
16 879
21 374
-
-
trade
17 723
22 444
-
-
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.

928
1 175
-
-
chamber of commerce
281
324
-
-
total
35 811
45 317
-
-
Dividends
76 714
97 183
-
-
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.

1 038
1 319
-
-
withholding
18 880
23 998
-
-
total
19 918
25 317
-
-
Income
142 500
142 500
142 500
142 500
Total tax
61 966
70 634
52 346
69 051
After tax
80 534
71 866
90 154
73 449
Living cost
23 738
23 738
23 738
23 738
Free-cash
56 796
48 128
66 416
49 711

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5595
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
₽81531
₽77788
₽79032
₽85795
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
-
-
-
142 500
income
-
-
-
29 010
health
-
-
-
3 633
social contributions
-
-
-
12 680
total
-
-
-
45 323
Employee
60 263
60 263
133 288
-
health
467
1 025
2 267
-
income
6 562
5 579
28 342
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
37 355
-
Employer
60 263
60 263
133 288
-
health
507
1 115
2 466
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 212
-
Corporate
112 262
76 120
-
-
income
14 033
9 515
-
-
total
14 033
9 515
-
-
Dividends
98 229
66 605
-
-
withholding
16 699
11 322
-
-
total
16 699
11 322
-
-
Income
142 500
142 500
142 500
142 500
Total tax
42 824
38 560
46 567
45 323
After tax
99 676
103 940
95 933
97 177
Living cost
18 145
18 145
18 145
18 145
Free-cash
81 531
85 795
77 788
79 032

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
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
₽55684
₽40643
₽51448
₽56471
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.

-
-
-
142 500
income
-
-
-
16 951
social contributions

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

-
-
-
49 519
surtax
-
-
-
-
total
-
-
-
66 470
Employee
36 044
-
115 151
-
income
7 497
-
37 259
-
social contributions
3 965
-
12 667
-
surtax
-
-
-
-
total
11 462
-
49 926
-
Employer
36 044
-
115 151
-
social contributions
8 560
-
27 349
-
total
8 560
-
27 349
-
Corporate
97 895
142 500
-
-
income
20 558
29 925
-
-
surtax
-
-
-
-
total
20 558
29 925
-
-
Dividends
77 337
112 575
-
-
withholding
21 654
31 522
-
-
total
21 654
31 522
-
-
Income
142 500
142 500
142 500
142 500
Total tax
62 234
61 447
77 275
66 470
After tax
80 266
81 053
65 225
76 030
Living cost
24 582
24 582
24 582
24 582
Free-cash
55 684
56 471
40 643
51 448

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4329
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
₽128163
₽107926
₽135001
₽129301
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%.

-
-
-
142 500
microenterprise

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

-
-
-
1 425
total
-
-
-
1 425
Employee
7 592
-
142 500
-
income
1 518
-
28 500
-
total
1 518
-
28 500
-
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%.

134 908
142 500
-
-
total
-
-
-
-
Dividends
134 908
142 500
-
-
withholding
6 745
7 125
-
-
total
6 745
7 125
-
-
Income
142 500
142 500
142 500
142 500
Total tax
8 263
7 125
28 500
1 425
After tax
134 237
135 375
114 000
141 075
Living cost
6 074
6 074
6 074
6 074
Free-cash
128 163
129 301
107 926
135 001

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1638
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
₽70535
₽44575
₽48351
₽77090
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.

-
-
-
142 500
pensions
-
-
-
26 024
unemployment
-
-
-
214
income
-
-
-
32 867
health
-
-
-
14 023
total
-
-
-
73 128
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.

34 656
-
123 301
-
health
2 238
-
7 966
-
unemployment
49
-
173
-
pensions
5 372
-
19 112
-
income
5 976
-
30 455
-
total
13 635
-
57 706
-
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.

34 656
-
123 301
-
health
2 308
-
8 212
-
pensions
3 067
-
10 912
-
unemployment
21
-
74
-
total
5 396
-
19 198
-
Corporate
102 449
142 500
-
-
income
19 465
27 075
-
-
total
19 465
27 075
-
-
Dividends
82 984
115 425
-
-
withholding
12 448
17 314
-
-
total
12 448
17 314
-
-
Income
142 500
142 500
142 500
142 500
Total tax
50 944
44 389
76 904
73 128
After tax
91 556
98 111
65 596
69 372
Living cost
21 021
21 021
21 021
21 021
Free-cash
70 535
77 090
44 575
48 351

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
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.
₽4841
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
₽62775
₽72599
₽86788
₽60035
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.

-
-
-
142 500
income
-
-
-
22 308
health

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

-
-
-
4 955
total
-
-
-
27 263
Employee
35 952
-
138 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
34 242
-
total
7 503
-
37 847
-
Employer
35 952
-
138 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
102 946
142 500
-
-
income
36 031
49 876
-
-
total
36 031
49 876
-
-
Dividends
66 915
92 624
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
142 500
142 500
142 500
142 500
Total tax
51 276
54 016
41 452
27 263
After tax
91 224
88 484
101 048
115 237
Living cost
28 449
28 449
28 449
28 449
Free-cash
62 775
60 035
72 599
86 788

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
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.
₽7030
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
₽70726
₽71825
₽74895
₽70319
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
-
-
-
142 500
income
-
-
-
21 374
health
-
-
-
9 947
social contributions
-
-
-
19 666
total
-
-
-
50 987
Employee
26 572
-
142 500
-
health
1 855
-
9 947
-
income
4 432
-
24 444
-
social contributions
3 668
-
19 666
-
total
9 955
-
54 057
-
Employer
26 572
-
142 500
-
total
-
-
-
-
Corporate
115 928
142 500
-
-
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%.

5 796
7 125
-
-
total
5 796
7 125
-
-
Dividends
110 132
135 375
-
-
social contributions
15 198
18 681
-
-
withholding
16 520
20 307
-
-
health
7 687
9 450
-
-
total
39 405
48 438
-
-
Income
142 500
142 500
142 500
142 500
Total tax
55 156
55 563
54 057
50 987
After tax
87 344
86 937
88 443
91 513
Living cost
16 618
16 618
16 618
16 618
Free-cash
70 726
70 319
71 825
74 895

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
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.
₽4088
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
₽68350
₽54387
₽60368
₽76174
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
-
-
-
142 500
income
-
-
-
14 647
health
-
-
-
19 237
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
694
total
-
-
-
60 195
Employee
32 261
-
110 613
-
health
4 355
-
14 933
-
solidarity contribution
-
-
157
-
income
3 871
-
13 497
-
social contributions
2 097
-
5 702
-
total
10 323
-
34 289
-
Employer
32 261
-
110 613
-
health
2 903
-
9 955
-
social contributions
8 065
-
21 932
-
total
10 968
-
31 887
-
Corporate
99 271
142 500
-
-
income
18 861
27 075
-
-
total
18 861
27 075
-
-
Dividends
80 409
115 425
-
-
withholding
12 061
17 314
-
-
total
12 061
17 314
-
-
Income
142 500
142 500
142 500
142 500
Total tax
52 213
44 389
66 176
60 195
After tax
90 287
98 111
76 324
82 305
Living cost
21 937
21 937
21 937
21 937
Free-cash
68 350
76 174
54 387
60 368

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
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.
₽4029
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
₽124136
₽104535
₽131610
₽125910
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%.

-
-
-
142 500
microenterprise

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

-
-
-
1 425
total
-
-
-
1 425
Employee
11 832
-
142 500
-
income
2 366
-
28 500
-
total
2 366
-
28 500
-
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%.

130 668
142 500
-
-
total
-
-
-
-
Dividends
130 668
142 500
-
-
withholding
6 533
7 125
-
-
total
6 533
7 125
-
-
Income
142 500
142 500
142 500
142 500
Total tax
8 899
7 125
28 500
1 425
After tax
133 601
135 375
114 000
141 075
Living cost
9 465
9 465
9 465
9 465
Free-cash
124 136
125 910
104 535
131 610

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
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.
₽2345
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
₽39355
₽39944
₽42377
₽33970
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
-
-
-
142 500
income
-
-
-
22 643
other
-
-
-
4 417
health
-
-
-
6 165
social contributions
-
-
-
4 060
pensions
-
-
-
24 986
surtax
-
-
-
-
total
-
-
-
62 271
Employee
49 085
-
110 172
-
pensions
5 552
-
7 707
-
income
4 283
-
21 530
-
social contributions
1 398
-
3 140
-
surtax
-
-
-
-
total
11 233
-
32 377
-
Employer
49 085
-
110 172
-
health
3 435
-
10 249
-
social contributions
147
-
330
-
pensions
8 065
-
12 968
-
unemployment
1 988
-
4 462
-
other
1 694
-
4 318
-
total
15 329
-
32 327
-
Corporate
78 085
142 500
-
-
income
21 864
39 899
-
-
surtax
-
-
-
-
total
21 864
39 899
-
-
Dividends
56 221
102 601
-
-
social contributions
9 670
17 647
-
-
surtax
-
-
-
-
withholding
7 197
13 132
-
-
total
16 867
30 779
-
-
Income
142 500
142 500
142 500
142 500
Total tax
65 293
70 678
64 704
62 271
After tax
77 207
71 822
77 796
80 229
Living cost
37 852
37 852
37 852
37 852
Free-cash
39 355
33 970
39 944
42 377

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
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.
₽8618
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
₽85599
₽74800
₽74800
₽89444
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.

-
-
-
142 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
32 361
health
-
-
-
5 948
total
-
-
-
54 188
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.

20 376
-
132 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
32 361
-
total
6 864
-
43 852
-
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.

20 376
-
132 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
118 477
142 500
-
-
income
17 772
21 375
-
-
total
17 772
21 375
-
-
Dividends
100 706
121 125
-
-
withholding
15 106
18 169
-
-
total
15 106
18 169
-
-
Income
142 500
142 500
142 500
142 500
Total tax
43 389
39 544
54 188
54 188
After tax
99 111
102 956
88 312
88 312
Living cost
13 512
13 512
13 512
13 512
Free-cash
85 599
89 444
74 800
74 800

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
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.
₽2978
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
₽34673
₽54775
₽60540
₽11872
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
-
-
-
142 500
pensions
-
-
-
13 110
city
-
-
-
1 501
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.

-
-
-
2 850
health
-
-
-
320
regional
-
-
-
7 659
national
-
-
-
3 231
total
-
-
-
28 671
Employee
62 361
-
127 927
-
health
141
-
287
-
unemployment
-
-
-
-
city
669
-
1 380
-
pensions
5 239
-
10 321
-
regional
2 042
-
6 731
-
national
295
-
2 551
-
total
8 386
-
21 270
-
Employer
62 361
-
127 927
-
health
141
-
287
-
pensions
5 239
-
10 321
-
unemployment
-
-
-
-
other

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

1 247
-
2 558
-
total
6 627
-
13 166
-
Corporate
72 826
142 500
-
-
regional
15 403
30 139
-
-
national
6 190
12 113
-
-
total
21 593
42 252
-
-
Dividends
51 233
100 248
-
-
withholding
17 932
35 087
-
-
total
17 932
35 087
-
-
Income
142 500
142 500
142 500
142 500
Total tax
54 538
77 339
34 436
28 671
After tax
87 962
65 161
108 064
113 829
Living cost
53 289
53 289
53 289
53 289
Free-cash
34 673
11 872
54 775
60 540

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
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.
₽13199
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
₽61003
₽44382
₽61174
₽58927
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

-
-
-
142 500
municipal
-
-
-
25 314
health
-
-
-
1 868
national
-
-
-
24 055
total
-
-
-
51 237
Employee
41 232
-
119 878
-
health
308
-
1 518
-
unemployment
619
-
1 798
-
pensions
2 783
-
8 092
-
national
681
-
14 475
-
municipal
6 754
-
19 524
-
total
11 145
-
45 407
-
Employer
41 232
-
119 878
-
health
317
-
924
-
pensions
7 154
-
20 799
-
accident
42
-
120
-
unemployment
268
-
779
-
total
7 781
-
22 622
-
Corporate
93 488
142 500
-
-
income
18 697
28 500
-
-
total
18 697
28 500
-
-
Dividends

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

56 093
85 500
-
-
municipal
10 097
15 390
-
-
national
3 688
9 594
-
-
total
13 785
24 984
-
-
Income
142 500
142 500
142 500
142 500
Total tax
51 408
53 484
68 029
51 237
After tax
91 092
89 016
74 471
91 263
Living cost
30 089
30 089
30 089
30 089
Free-cash
61 003
58 927
44 382
61 174

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
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.
₽7063
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
₽39358
₽21345
₽33233
₽51111
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
-
-
-
142 500
communal

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

-
-
-
7 378
social contributions
-
-
-
19 539
national
-
-
-
53 775
total
-
-
-
80 692
Employee

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

56 059
-
110 370
-
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.

2 634
-
5 187
-
communal

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

2 924
-
5 757
-
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.

488
-
961
-
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.

4 204
-
8 278
-
national
17 235
-
40 267
-
total
27 485
-
60 450
-
Employer

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

56 059
-
110 370
-
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.

3 447
-
6 788
-
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.

4 967
-
9 779
-
surtax
6 356
-
12 517
-
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.

729
-
1 435
-
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.

818
-
1 611
-
total
16 317
-
32 130
-
Corporate
70 123
142 500
-
-
income
14 025
28 500
-
-
surtax
281
570
-
-
total
14 306
29 070
-
-
Dividends
55 818
113 431
-
-
withholding

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

16 459
33 744
-
-
total
16 459
33 744
-
-
Income
142 500
142 500
142 500
142 500
Total tax
74 567
62 814
92 580
80 692
After tax
67 933
79 686
49 920
61 808
Living cost
28 575
28 575
28 575
28 575
Free-cash
39 358
51 111
21 345
33 233

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
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.
₽7223
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
₽43029
₽38808
₽39632
₽43792
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
-
-
-
142 500
unemployment
-
-
-
75
municipal
-
-
-
36 054
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
11 206
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
68 855
Employee
48 465
-
119 078
-
national
-
-
10 750
-
municipal
14 452
-
35 509
-
total
14 452
-
46 259
-
Employer
48 465
-
119 078
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
78 808
142 500
-
-
income
17 338
31 350
-
-
total
17 338
31 350
-
-
Dividends
61 470
111 150
-
-
withholding
18 441
33 345
-
-
total
18 441
33 345
-
-
Income
142 500
142 500
142 500
142 500
Total tax
65 459
64 695
69 680
68 855
After tax
77 041
77 805
72 820
73 645
Living cost
34 012
34 012
34 012
34 012
Free-cash
43 029
43 792
38 808
39 632

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
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.
₽7616
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
₽7064
₽93074
₽60602
₽48820
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
-
-
-
142 500
income
-
-
-
27 776
social contributions
-
-
-
16 245
total
-
-
-
44 021
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
11 612
142 500
-
-
income
2 555
31 350
-
-
total
2 555
31 350
-
-
Dividends
9 058
111 150
-
-
income
1 993
24 453
-
-
total
1 993
24 453
-
-
Income
142 500
142 500
142 500
142 500
Total tax
97 559
55 803
11 549
44 021
After tax
44 941
86 697
130 951
98 479
Living cost
37 877
37 877
37 877
37 877
Free-cash
7 064
48 820
93 074
60 602

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
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.
₽9256
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
₽75273
₽70514
₽71758
₽78521
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
-
-
-
142 500
income
-
-
-
29 010
health
-
-
-
3 633
social contributions
-
-
-
12 680
total
-
-
-
45 323
Employee
60 263
60 263
133 288
-
health
599
1 025
2 267
-
income
6 328
5 579
28 342
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
37 355
-
Employer
60 263
60 263
133 288
-
health
653
1 115
2 466
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 212
-
Corporate
103 643
76 120
-
-
income
12 955
9 515
-
-
total
12 955
9 515
-
-
Dividends
90 688
66 605
-
-
withholding
15 417
11 322
-
-
total
15 417
11 322
-
-
Income
142 500
142 500
142 500
142 500
Total tax
41 808
38 560
46 567
45 323
After tax
100 692
103 940
95 933
97 177
Living cost
25 419
25 419
25 419
25 419
Free-cash
75 273
78 521
70 514
71 758

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽5631
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
₽68649
₽52829
₽65677
₽64164
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
-
-
-
142 500
income
-
-
-
41 690
pensions
-
-
-
6 997
total
-
-
-
48 687
Employee
38 621
-
124 398
-
health
504
-
1 769
-
pensions
2 948
-
8 540
-
income
7 033
-
33 124
-
total
10 485
-
43 433
-
Employer
38 621
-
124 398
-
health
734
-
2 364
-
pensions
3 902
-
15 738
-
total
4 636
-
18 102
-
Corporate
99 243
142 500
-
-
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.

18 856
27 075
-
-
total
18 856
27 075
-
-
Dividends
80 388
115 425
-
-
withholding
11 738
23 125
-
-
total
11 738
23 125
-
-
Income
142 500
142 500
142 500
142 500
Total tax
45 715
50 200
61 535
48 687
After tax
96 785
92 300
80 965
93 813
Living cost
28 136
28 136
28 136
28 136
Free-cash
68 649
64 164
52 829
65 677

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
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.
₽5894
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
₽40275
₽28678
₽34937
₽43839
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
-
-
-
142 500
municipal
-
-
-
953
regional
-
-
-
3 268
social contributions
-
-
-
36 651
national
-
-
-
35 470
total
-
-
-
76 342
Employee
66 040
-
142 500
-
social contributions
22 268
-
48 051
-
regional
997
-
2 901
-
national
11 160
-
30 798
-
municipal
394
-
851
-
total
34 819
-
82 601
-
Employer
66 040
-
142 500
-
total
-
-
-
-
Corporate
76 460
142 500
-
-
nationa
18 351
34 200
-
-
municipal
3 685
6 868
-
-
total
22 036
41 068
-
-
Dividends
54 424
101 432
-
-
withholding
14 149
26 372
-
-
total
14 149
26 372
-
-
Income
142 500
142 500
142 500
142 500
Total tax
71 004
67 440
82 601
76 342
After tax
71 496
75 060
59 899
66 158
Living cost
31 221
31 221
31 221
31 221
Free-cash
40 275
43 839
28 678
34 937

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽6670
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
₽8974
₽60965
₽80646
-₽5194
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
-
-
-
142 500
pensions
-
-
-
3 165
income
-
-
-
39 819
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
45 117
Employee
26 328
-
128 811
-
health
3 015
-
14 749
-
pensions
2 965
-
5 804
-
income
3 612
-
30 557
-
total
9 592
-
51 110
-
Employer
26 328
-
128 811
-
pensions
4 281
-
8 381
-
accident
440
-
2 151
-
unemployment
645
-
3 156
-
total
5 366
-
13 688
-
Corporate
110 807
142 500
-
-
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.

99 726
128 250
-
-
total
99 726
128 250
-
-
Dividends
11 081
14 250
-
-
withholding
2 105
2 707
-
-
total
2 105
2 707
-
-
Income
142 500
142 500
142 500
142 500
Total tax
116 789
130 957
64 798
45 117
After tax
25 711
11 543
77 702
97 383
Living cost
16 737
16 737
16 737
16 737
Free-cash
8 974
-5 194
60 965
80 646

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
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.
₽3194
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
₽53327
₽59897
₽44677
₽43075
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.

-
-
-
142 500
trade
-
-
-
15 220
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.

-
-
-
44 543
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.

-
-
-
5 354
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.

-
-
-
2 449
total
-
-
-
67 566
Employee

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

38 994
-
142 500
-
health

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

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

5 354
-
5 354
-
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.

3 206
-
44 543
-
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.

177
-
2 449
-
total
8 737
-
52 346
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
103 506
142 500
-
-
income
15 525
21 374
-
-
trade
14 853
20 449
-
-
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.

854
1 175
-
-
chamber of commerce
271
327
-
-
total
31 503
43 325
-
-
Dividends
72 003
99 174
-
-
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.

974
1 347
-
-
withholding
17 702
24 496
-
-
total
18 676
25 843
-
-
Income
142 500
142 500
142 500
142 500
Total tax
58 916
69 168
52 346
67 566
After tax
83 584
73 332
90 154
74 934
Living cost
30 257
30 257
30 257
30 257
Free-cash
53 327
43 075
59 897
44 677

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
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.
₽5690
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
₽91268
₽43872
₽33254
₽97696
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.

-
-
-
142 500
income
-
-
-
26 578
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
36 337
total
-
-
-
92 942
Employee
22 900
-
108 108
-
income
4 076
-
21 983
-
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.

2 519
-
10 274
-
surtax
-
-
15 675
-
total
6 595
-
47 932
-
Employer
22 900
-
108 108
-
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.

5 516
-
22 500
-
surtax
-
-
11 892
-
total
5 516
-
34 392
-
Corporate
114 084
142 500
-
-
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%.

22 817
28 500
-
-
total
22 817
28 500
-
-
Dividends

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

91 267
114 000
-
-
total
-
-
-
-
Income
142 500
142 500
142 500
142 500
Total tax
34 928
28 500
82 324
92 942
After tax
107 572
114 000
60 176
49 558
Living cost
16 304
16 304
16 304
16 304
Free-cash
91 268
97 696
43 872
33 254

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
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.
₽3980
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
₽77576
₽76467
₽77161
₽79177
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
-
-
-
142 500
income
-
-
-
43 337
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
55 596
Employee
14 840
-
134 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
42 964
-
total
5 097
-
48 294
-
Employer
14 840
-
134 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
124 321
142 500
-
-
income
27 351
31 350
-
-
total
27 351
31 350
-
-
Dividends
96 971
111 150
-
-
withholding
19 394
22 230
-
-
total
19 394
22 230
-
-
Income
142 500
142 500
142 500
142 500
Total tax
55 181
53 580
56 290
55 596
After tax
87 319
88 920
86 210
86 904
Living cost
9 743
9 743
9 743
9 743
Free-cash
77 576
79 177
76 467
77 161

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
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.
₽2940
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
₽69535
₽44978
₽49771
₽72029
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
-
-
-
142 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
40 285
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
6 318
total
-
-
-
75 126
Employee
26 392
-
120 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
35 597
-
other
-
-
-
-
surtax
94
-
5 381
-
total
8 791
-
57 902
-
Employer
26 392
-
120 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
110 551
142 500
-
-
income
28 744
37 050
-
-
total
28 744
37 050
-
-
Dividends
81 808
105 450
-
-
withholding
12 271
15 818
-
-
total
12 271
15 818
-
-
Income
142 500
142 500
142 500
142 500
Total tax
55 362
52 868
79 919
75 126
After tax
87 138
89 632
62 581
67 374
Living cost
17 603
17 603
17 603
17 603
Free-cash
69 535
72 029
44 978
49 771

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
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.
₽5037
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
₽53494
₽12752
₽48302
₽53883
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
-
-
-
142 500
pensions
-
-
-
16 938
chamber of commerce
-
-