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
₽ 145500
per

Your estimated
City
free-cash

Valencia , Spain
₽71884
₽56730
₽60020
₽75345
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
-
-
-
145 500
unemployment
-
-
-
509
income
-
-
-
42 137
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
63 929
Employee
28 978
-
122 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
39 447
-
other
28
-
73
-
total
7 426
-
44 061
-
Employer
28 978
-
122 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
107 283
145 500
-
-
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.

16 092
21 825
-
-
total
16 092
21 825
-
-
Dividends
91 191
123 675
-
-
withholding
19 309
26 779
-
-
total
19 309
26 779
-
-
Income
145 500
145 500
145 500
145 500
Total tax
52 065
48 604
67 219
63 929
After tax
93 435
96 896
78 281
81 571
Living cost
21 551
21 551
21 551
21 551
Free-cash
71 884
75 345
56 730
60 020

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
₽80724
₽61401
₽61930
₽86016
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
-
-
-
145 500
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
-
-
-
23 181
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
62 687
Employee
28 456
-
116 215
-
health
399
-
1 627
-
unemployment
284
-
1 162
-
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
-
8 135
-
income
4 899
-
23 006
-
total
7 573
-
33 930
-
Employer
28 456
-
116 215
-
health
399
-
1 627
-
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
-
19 756
-
accident
228
-
930
-
unemployment
284
-
1 162
-
other
1 423
-
5 811
-
total
7 172
-
29 286
-
Corporate
109 873
145 500
-
-
income
23 073
30 555
-
-
total
23 073
30 555
-
-
Dividends
86 800
114 945
-
-
withholding
6 075
8 046
-
-
total
6 075
8 046
-
-
Income
145 500
145 500
145 500
145 500
Total tax
43 893
38 601
63 216
62 687
After tax
101 607
106 899
82 284
82 813
Living cost
20 883
20 883
20 883
20 883
Free-cash
80 724
86 016
61 401
61 930

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
₽110492
₽111885
₽106098
₽114131
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
-
-
-
145 500
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
-
-
-
21 825
health
-
-
-
3 147
total
-
-
-
29 131
Employee
13 600
-
140 132
-
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
-
14 013
-
total
3 330
-
17 976
-
Employer
13 600
-
140 132
-
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
129 232
145 500
-
-
income
12 923
14 550
-
-
total
12 923
14 550
-
-
Dividends
116 309
130 950
-
-
withholding
5 815
6 548
-
-
total
5 815
6 548
-
-
Income
145 500
145 500
145 500
145 500
Total tax
24 737
21 098
23 344
29 131
After tax
120 763
124 402
122 156
116 369
Living cost
10 270
10 270
10 270
10 270
Free-cash
110 492
114 131
111 885
106 098

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
₽51148
₽52292
₽55058
₽46520
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
-
-
-
145 500
income
-
-
-
23 352
other
-
-
-
4 511
health
-
-
-
6 386
social contributions
-
-
-
4 146
pensions
-
-
-
25 234
surtax
-
-
-
-
total
-
-
-
63 629
Employee
33 541
-
112 329
-
pensions
3 792
-
7 925
-
income
1 980
-
22 097
-
social contributions
956
-
3 201
-
surtax
-
-
-
-
total
6 728
-
33 223
-
Employer
33 541
-
112 329
-
health
2 348
-
10 531
-
social contributions
101
-
338
-
pensions
5 510
-
13 323
-
unemployment
1 358
-
4 549
-
other
1 157
-
4 431
-
total
10 474
-
33 172
-
Corporate
101 484
145 500
-
-
income
28 415
40 740
-
-
surtax
-
-
-
-
total
28 415
40 740
-
-
Dividends
73 069
104 760
-
-
social contributions
12 569
18 018
-
-
surtax
-
-
-
-
withholding
9 353
13 409
-
-
total
21 922
31 427
-
-
Income
145 500
145 500
145 500
145 500
Total tax
67 539
72 167
66 395
63 629
After tax
77 961
73 333
79 105
81 871
Living cost
26 813
26 813
26 813
26 813
Free-cash
51 148
46 520
52 292
55 058

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
₽34514
₽58882
₽46979
₽39317
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
-
-
-
145 500
pensions
-
-
-
9 182
income
-
-
-
46 844
health
-
-
-
9 664
total
-
-
-
65 690
Employee
66 925
66 925
130 936
-
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
20 376
-
total
33 274
28 874
39 222
-
Employer
66 925
66 925
130 936
-
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
67 676
66 855
-
-
income
13 535
13 372
-
-
total
13 535
13 372
-
-
Dividends
54 141
53 484
-
-
income
11 505
11 365
-
-
withholding
8 122
8 022
-
-
total
19 627
19 387
-
-
Income
145 500
145 500
145 500
145 500
Total tax
78 155
73 352
53 787
65 690
After tax
67 345
72 148
91 713
79 810
Living cost
32 831
32 831
32 831
32 831
Free-cash
34 514
39 317
58 882
46 979

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
₽58304
₽68087
₽50910
₽49634
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.

-
-
-
145 500
trade
-
-
-
17 177
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.

-
-
-
45 802
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.

-
-
-
2 519
total
-
-
-
70 852
Employee

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

29 975
-
145 500
-
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
-
45 802
-
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
-
2 519
-
total
6 237
-
53 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 525
145 500
-
-
income
17 329
21 825
-
-
trade
18 195
22 917
-
-
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.

953
1 200
-
-
chamber of commerce
286
329
-
-
total
36 763
46 271
-
-
Dividends
78 762
99 229
-
-
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.

1 066
1 347
-
-
withholding
19 392
24 510
-
-
total
20 458
25 857
-
-
Income
145 500
145 500
145 500
145 500
Total tax
63 458
72 128
53 675
70 852
After tax
82 042
73 372
91 825
74 648
Living cost
23 738
23 738
23 738
23 738
Free-cash
58 304
49 634
68 087
50 910

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
₽83710
₽79671
₽80931
₽87974
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
-
-
-
145 500
income
-
-
-
30 033
health
-
-
-
3 711
social contributions
-
-
-
12 680
total
-
-
-
46 424
Employee
60 263
60 263
136 233
-
health
467
1 025
2 316
-
income
6 562
5 579
29 355
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
38 417
-
Employer
60 263
60 263
136 233
-
health
507
1 115
2 521
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 267
-
Corporate
115 262
79 120
-
-
income
14 408
9 890
-
-
total
14 408
9 890
-
-
Dividends
100 854
69 230
-
-
withholding
17 145
11 768
-
-
total
17 145
11 768
-
-
Income
145 500
145 500
145 500
145 500
Total tax
43 645
39 381
47 684
46 424
After tax
101 855
106 119
97 816
99 076
Living cost
18 145
18 145
18 145
18 145
Free-cash
83 710
87 974
79 671
80 931

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
₽57390
₽41831
₽52862
₽58178
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.

-
-
-
145 500
income
-
-
-
17 495
social contributions

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

-
-
-
50 561
surtax
-
-
-
-
total
-
-
-
68 056
Employee
36 044
-
117 576
-
income
7 497
-
38 230
-
social contributions
3 965
-
12 933
-
surtax
-
-
-
-
total
11 462
-
51 163
-
Employer
36 044
-
117 576
-
social contributions
8 560
-
27 924
-
total
8 560
-
27 924
-
Corporate
100 895
145 500
-
-
income
21 189
30 555
-
-
surtax
-
-
-
-
total
21 189
30 555
-
-
Dividends
79 707
114 945
-
-
withholding
22 317
32 185
-
-
total
22 317
32 185
-
-
Income
145 500
145 500
145 500
145 500
Total tax
63 528
62 740
79 087
68 056
After tax
81 972
82 760
66 413
77 444
Living cost
24 582
24 582
24 582
24 582
Free-cash
57 390
58 178
41 831
52 862

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
₽131013
₽110326
₽137971
₽132151
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%.

-
-
-
145 500
microenterprise

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

-
-
-
1 455
total
-
-
-
1 455
Employee
7 592
-
145 500
-
income
1 518
-
29 100
-
total
1 518
-
29 100
-
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%.

137 908
145 500
-
-
total
-
-
-
-
Dividends
137 908
145 500
-
-
withholding
6 895
7 275
-
-
total
6 895
7 275
-
-
Income
145 500
145 500
145 500
145 500
Total tax
8 413
7 275
29 100
1 455
After tax
137 087
138 225
116 400
144 045
Living cost
6 074
6 074
6 074
6 074
Free-cash
131 013
132 151
110 326
137 971

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
₽72600
₽45808
₽49662
₽79155
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.

-
-
-
145 500
pensions
-
-
-
26 572
unemployment
-
-
-
219
income
-
-
-
33 708
health
-
-
-
14 318
total
-
-
-
74 817
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
-
125 897
-
health
2 238
-
8 134
-
unemployment
49
-
177
-
pensions
5 372
-
19 514
-
income
5 976
-
31 243
-
total
13 635
-
59 068
-
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
-
125 897
-
health
2 308
-
8 385
-
pensions
3 067
-
11 142
-
unemployment
21
-
76
-
total
5 396
-
19 603
-
Corporate
105 449
145 500
-
-
income
20 036
27 645
-
-
total
20 036
27 645
-
-
Dividends
85 413
117 855
-
-
withholding
12 812
17 679
-
-
total
12 812
17 679
-
-
Income
145 500
145 500
145 500
145 500
Total tax
51 879
45 324
78 671
74 817
After tax
93 621
100 176
66 829
70 683
Living cost
21 021
21 021
21 021
21 021
Free-cash
72 600
79 155
45 808
49 662

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
₽64725
₽74549
₽89788
₽61985
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.

-
-
-
145 500
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
-
141 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
35 292
-
total
7 503
-
38 897
-
Employer
35 952
-
141 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
105 946
145 500
-
-
income
37 081
50 926
-
-
total
37 081
50 926
-
-
Dividends
68 865
94 574
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
145 500
145 500
145 500
145 500
Total tax
52 326
55 066
42 502
27 263
After tax
93 174
90 434
102 998
118 237
Living cost
28 449
28 449
28 449
28 449
Free-cash
64 725
61 985
74 549
89 788

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
₽72555
₽73602
₽76822
₽72150
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
-
-
-
145 500
income
-
-
-
21 825
health
-
-
-
10 156
social contributions
-
-
-
20 079
total
-
-
-
52 060
Employee
26 572
-
145 500
-
health
1 855
-
10 156
-
income
4 432
-
25 045
-
social contributions
3 668
-
20 079
-
total
9 955
-
55 280
-
Employer
26 572
-
145 500
-
total
-
-
-
-
Corporate
118 928
145 500
-
-
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%.

5 946
7 276
-
-
total
5 946
7 276
-
-
Dividends
112 982
138 224
-
-
social contributions
15 592
19 075
-
-
withholding
16 947
20 733
-
-
health
7 887
9 648
-
-
total
40 426
49 456
-
-
Income
145 500
145 500
145 500
145 500
Total tax
56 327
56 732
55 280
52 060
After tax
89 173
88 768
90 220
93 440
Living cost
16 618
16 618
16 618
16 618
Free-cash
72 555
72 150
73 602
76 822

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
₽70415
₽56244
₽62391
₽78240
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
-
-
-
145 500
income
-
-
-
15 036
health
-
-
-
19 643
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
876
total
-
-
-
61 172
Employee
32 261
-
113 365
-
health
4 355
-
15 304
-
solidarity contribution
-
-
324
-
income
3 871
-
13 854
-
social contributions
2 097
-
5 702
-
total
10 323
-
35 184
-
Employer
32 261
-
113 365
-
health
2 903
-
10 203
-
social contributions
8 065
-
21 932
-
total
10 968
-
32 135
-
Corporate
102 271
145 500
-
-
income
19 431
27 645
-
-
total
19 431
27 645
-
-
Dividends
82 839
117 855
-
-
withholding
12 426
17 678
-
-
total
12 426
17 678
-
-
Income
145 500
145 500
145 500
145 500
Total tax
53 148
45 323
67 319
61 172
After tax
92 352
100 177
78 181
84 328
Living cost
21 937
21 937
21 937
21 937
Free-cash
70 415
78 240
56 244
62 391

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
₽126986
₽106935
₽134580
₽128760
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%.

-
-
-
145 500
microenterprise

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

-
-
-
1 455
total
-
-
-
1 455
Employee
11 832
-
145 500
-
income
2 366
-
29 100
-
total
2 366
-
29 100
-
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%.

133 668
145 500
-
-
total
-
-
-
-
Dividends
133 668
145 500
-
-
withholding
6 683
7 275
-
-
total
6 683
7 275
-
-
Income
145 500
145 500
145 500
145 500
Total tax
9 049
7 275
29 100
1 455
After tax
136 451
138 225
116 400
144 045
Living cost
9 465
9 465
9 465
9 465
Free-cash
126 986
128 760
106 935
134 580

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
₽40869
₽41253
₽44019
₽35481
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
-
-
-
145 500
income
-
-
-
23 352
other
-
-
-
4 511
health
-
-
-
6 386
social contributions
-
-
-
4 146
pensions
-
-
-
25 234
surtax
-
-
-
-
total
-
-
-
63 629
Employee
49 085
-
112 329
-
pensions
5 552
-
7 925
-
income
4 283
-
22 097
-
social contributions
1 398
-
3 201
-
surtax
-
-
-
-
total
11 233
-
33 223
-
Employer
49 085
-
112 329
-
health
3 435
-
10 531
-
social contributions
147
-
338
-
pensions
8 065
-
13 323
-
unemployment
1 988
-
4 549
-
other
1 694
-
4 431
-
total
15 329
-
33 172
-
Corporate
81 085
145 500
-
-
income
22 704
40 740
-
-
surtax
-
-
-
-
total
22 704
40 740
-
-
Dividends
58 381
104 760
-
-
social contributions
10 040
18 018
-
-
surtax
-
-
-
-
withholding
7 473
13 409
-
-
total
17 513
31 427
-
-
Income
145 500
145 500
145 500
145 500
Total tax
66 779
72 167
66 395
63 629
After tax
78 721
73 333
79 105
81 871
Living cost
37 852
37 852
37 852
37 852
Free-cash
40 869
35 481
41 253
44 019

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
₽87767
₽77050
₽77050
₽91612
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.

-
-
-
145 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
33 111
health
-
-
-
5 948
total
-
-
-
54 938
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
-
135 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
33 111
-
total
6 864
-
44 602
-
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
-
135 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
121 477
145 500
-
-
income
18 222
21 825
-
-
total
18 222
21 825
-
-
Dividends
103 256
123 675
-
-
withholding
15 488
18 551
-
-
total
15 488
18 551
-
-
Income
145 500
145 500
145 500
145 500
Total tax
44 221
40 376
54 938
54 938
After tax
101 279
105 124
90 562
90 562
Living cost
13 512
13 512
13 512
13 512
Free-cash
87 767
91 612
77 050
77 050

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
₽36046
₽57000
₽62751
₽13245
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
-
-
-
145 500
pensions
-
-
-
13 385
city
-
-
-
1 534
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.

-
-
-
2 910
health
-
-
-
327
regional
-
-
-
7 898
national
-
-
-
3 406
total
-
-
-
29 460
Employee
62 361
-
130 698
-
health
141
-
294
-
unemployment
-
-
-
-
city
669
-
1 410
-
pensions
5 239
-
10 456
-
regional
2 042
-
6 965
-
national
295
-
2 722
-
total
8 386
-
21 847
-
Employer
62 361
-
130 698
-
health
141
-
294
-
pensions
5 239
-
10 456
-
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
-
2 614
-
total
6 627
-
13 364
-
Corporate
75 826
145 500
-
-
regional
16 036
30 773
-
-
national
6 445
12 367
-
-
total
22 481
43 140
-
-
Dividends
53 344
102 360
-
-
withholding
18 671
35 826
-
-
total
18 671
35 826
-
-
Income
145 500
145 500
145 500
145 500
Total tax
56 165
78 966
35 211
29 460
After tax
89 335
66 534
110 289
116 040
Living cost
53 289
53 289
53 289
53 289
Free-cash
36 046
13 245
57 000
62 751

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
₽62767
₽45763
₽62675
₽60620
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

-
-
-
145 500
municipal
-
-
-
25 845
health
-
-
-
1 914
national
-
-
-
24 977
total
-
-
-
52 736
Employee
41 232
-
122 402
-
health
308
-
1 559
-
unemployment
619
-
1 837
-
pensions
2 783
-
8 262
-
national
681
-
14 958
-
municipal
6 754
-
19 935
-
total
11 145
-
46 551
-
Employer
41 232
-
122 402
-
health
317
-
943
-
pensions
7 154
-
21 236
-
accident
42
-
122
-
unemployment
268
-
796
-
total
7 781
-
23 097
-
Corporate
96 488
145 500
-
-
income
19 298
29 101
-
-
total
19 298
29 101
-
-
Dividends

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

57 892
87 300
-
-
municipal
10 421
15 714
-
-
national
3 999
9 976
-
-
total
14 420
25 690
-
-
Income
145 500
145 500
145 500
145 500
Total tax
52 644
54 791
69 648
52 736
After tax
92 856
90 709
75 852
92 764
Living cost
30 089
30 089
30 089
30 089
Free-cash
62 767
60 620
45 763
62 675

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
₽41030
₽22240
₽34552
₽52783
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
-
-
-
145 500
communal

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

-
-
-
7 558
social contributions
-
-
-
19 539
national
-
-
-
55 276
total
-
-
-
82 373
Employee

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

56 059
-
112 692
-
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
-
5 296
-
communal

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

2 924
-
5 878
-
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
-
980
-
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
-
8 452
-
national
17 235
-
41 277
-
total
27 485
-
61 883
-
Employer

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

56 059
-
112 692
-
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
-
6 930
-
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
-
9 984
-
surtax
6 356
-
12 778
-
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
-
1 465
-
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
-
1 645
-
total
16 317
-
32 802
-
Corporate
73 123
145 500
-
-
income
14 624
29 101
-
-
surtax
293
582
-
-
total
14 917
29 683
-
-
Dividends
58 206
115 818
-
-
withholding

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

17 176
34 459
-
-
total
17 176
34 459
-
-
Income
145 500
145 500
145 500
145 500
Total tax
75 895
64 142
94 685
82 373
After tax
69 605
81 358
50 815
63 127
Living cost
28 575
28 575
28 575
28 575
Free-cash
41 030
52 783
22 240
34 552

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
₽44666
₽40162
₽40988
₽45430
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
-
-
-
145 500
unemployment
-
-
-
75
municipal
-
-
-
36 948
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
11 956
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
70 499
Employee
48 465
-
122 078
-
national
-
-
11 500
-
municipal
14 452
-
36 404
-
total
14 452
-
47 904
-
Employer
48 465
-
122 078
-
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
81 808
145 500
-
-
income
17 998
32 010
-
-
total
17 998
32 010
-
-
Dividends
63 810
113 490
-
-
withholding
19 143
34 047
-
-
total
19 143
34 047
-
-
Income
145 500
145 500
145 500
145 500
Total tax
66 821
66 057
71 325
70 499
After tax
78 679
79 443
74 175
75 001
Living cost
34 012
34 012
34 012
34 012
Free-cash
44 666
45 430
40 162
40 988

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
₽8890
₽96074
₽62675
₽50645
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
-
-
-
145 500
income
-
-
-
28 361
social contributions
-
-
-
16 587
total
-
-
-
44 948
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
14 612
145 500
-
-
income
3 215
32 010
-
-
total
3 215
32 010
-
-
Dividends
11 398
113 490
-
-
income
2 507
24 968
-
-
total
2 507
24 968
-
-
Income
145 500
145 500
145 500
145 500
Total tax
98 733
56 978
11 549
44 948
After tax
46 767
88 522
133 951
100 552
Living cost
37 877
37 877
37 877
37 877
Free-cash
8 890
50 645
96 074
62 675

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
₽77452
₽72397
₽73657
₽80700
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
-
-
-
145 500
income
-
-
-
30 033
health
-
-
-
3 711
social contributions
-
-
-
12 680
total
-
-
-
46 424
Employee
60 263
60 263
136 233
-
health
599
1 025
2 316
-
income
6 328
5 579
29 355
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
38 417
-
Employer
60 263
60 263
136 233
-
health
653
1 115
2 521
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 267
-
Corporate
106 643
79 120
-
-
income
13 330
9 890
-
-
total
13 330
9 890
-
-
Dividends
93 313
69 230
-
-
withholding
15 863
11 768
-
-
total
15 863
11 768
-
-
Income
145 500
145 500
145 500
145 500
Total tax
42 629
39 381
47 684
46 424
After tax
102 871
106 119
97 816
99 076
Living cost
25 419
25 419
25 419
25 419
Free-cash
77 452
80 700
72 397
73 657

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
₽70290
₽54339
₽67441
₽65804
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
-
-
-
145 500
income
-
-
-
42 866
pensions
-
-
-
7 057
total
-
-
-
49 923
Employee
38 621
-
126 991
-
health
504
-
1 794
-
pensions
2 948
-
8 592
-
income
7 033
-
34 131
-
total
10 485
-
44 517
-
Employer
38 621
-
126 991
-
health
734
-
2 412
-
pensions
3 902
-
16 096
-
total
4 636
-
18 508
-
Corporate
102 243
145 500
-
-
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.

19 426
27 645
-
-
total
19 426
27 645
-
-
Dividends
82 817
117 855
-
-
withholding
12 527
23 915
-
-
total
12 527
23 915
-
-
Income
145 500
145 500
145 500
145 500
Total tax
47 074
51 560
63 025
49 923
After tax
98 426
93 940
82 475
95 577
Living cost
28 136
28 136
28 136
28 136
Free-cash
70 290
65 804
54 339
67 441

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
₽41853
₽29770
₽36157
₽45417
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
-
-
-
145 500
municipal
-
-
-
973
regional
-
-
-
3 341
social contributions
-
-
-
37 423
national
-
-
-
36 385
total
-
-
-
78 122
Employee
66 040
-
145 500
-
social contributions
22 268
-
49 062
-
regional
997
-
2 965
-
national
11 160
-
31 613
-
municipal
394
-
869
-
total
34 819
-
84 509
-
Employer
66 040
-
145 500
-
total
-
-
-
-
Corporate
79 460
145 500
-
-
nationa
19 071
34 920
-
-
municipal
3 830
7 014
-
-
total
22 901
41 934
-
-
Dividends
56 560
103 566
-
-
withholding
14 706
26 928
-
-
total
14 706
26 928
-
-
Income
145 500
145 500
145 500
145 500
Total tax
72 426
68 862
84 509
78 122
After tax
73 074
76 638
60 991
67 378
Living cost
31 221
31 221
31 221
31 221
Free-cash
41 853
45 417
29 770
36 157

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
₽9217
₽62700
₽82687
-₽4951
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
-
-
-
145 500
pensions
-
-
-
3 165
income
-
-
-
40 778
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
46 076
Employee
26 328
-
131 693
-
health
3 015
-
15 079
-
pensions
2 965
-
5 804
-
income
3 612
-
31 374
-
total
9 592
-
52 257
-
Employer
26 328
-
131 693
-
pensions
4 281
-
8 381
-
accident
440
-
2 199
-
unemployment
645
-
3 226
-
total
5 366
-
13 806
-
Corporate
113 807
145 500
-
-
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.

102 426
130 950
-
-
total
102 426
130 950
-
-
Dividends
11 381
14 550
-
-
withholding
2 162
2 764
-
-
total
2 162
2 764
-
-
Income
145 500
145 500
145 500
145 500
Total tax
119 546
133 714
66 063
46 076
After tax
25 954
11 786
79 437
99 424
Living cost
16 737
16 737
16 737
16 737
Free-cash
9 217
-4 951
62 700
82 687

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
₽54865
₽61568
₽45918
₽44613
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.

-
-
-
145 500
trade
-
-
-
15 650
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.

-
-
-
45 802
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.

-
-
-
2 519
total
-
-
-
69 325
Employee

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

38 994
-
145 500
-
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
-
45 802
-
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
-
2 519
-
total
8 737
-
53 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 506
145 500
-
-
income
15 976
21 825
-
-
trade
15 284
20 879
-
-
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.

879
1 200
-
-
chamber of commerce
275
332
-
-
total
32 414
44 236
-
-
Dividends
74 092
101 264
-
-
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.

1 002
1 376
-
-
withholding
18 225
25 018
-
-
total
19 227
26 394
-
-
Income
145 500
145 500
145 500
145 500
Total tax
60 378
70 630
53 675
69 325
After tax
85 122
74 870
91 825
76 175
Living cost
30 257
30 257
30 257
30 257
Free-cash
54 865
44 613
61 568
45 918

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
₽93669
₽45335
₽34546
₽100095
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.

-
-
-
145 500
income
-
-
-
27 521
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
-
-
-
37 102
total
-
-
-
94 650
Employee
22 900
-
110 810
-
income
4 076
-
22 830
-
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
-
-
16 068
-
total
6 595
-
49 172
-
Employer
22 900
-
110 810
-
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
-
-
12 189
-
total
5 516
-
34 689
-
Corporate
117 084
145 500
-
-
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%.

23 416
29 101
-
-
total
23 416
29 101
-
-
Dividends

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

93 667
116 399
-
-
total
-
-
-
-
Income
145 500
145 500
145 500
145 500
Total tax
35 527
29 101
83 861
94 650
After tax
109 973
116 399
61 639
50 850
Living cost
16 304
16 304
16 304
16 304
Free-cash
93 669
100 095
45 335
34 546

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
₽79448
₽78417
₽79111
₽81049
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
-
-
-
145 500
income
-
-
-
44 387
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
56 646
Employee
14 840
-
137 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
44 014
-
total
5 097
-
49 344
-
Employer
14 840
-
137 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
127 321
145 500
-
-
income
28 011
32 010
-
-
total
28 011
32 010
-
-
Dividends
99 311
113 490
-
-
withholding
19 862
22 698
-
-
total
19 862
22 698
-
-
Income
145 500
145 500
145 500
145 500
Total tax
56 309
54 708
57 340
56 646
After tax
89 191
90 792
88 160
88 854
Living cost
9 743
9 743
9 743
9 743
Free-cash
79 448
81 049
78 417
79 111

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
₽71423
₽46360
₽51153
₽73916
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
-
-
-
145 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
41 633
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
6 588
total
-
-
-
76 744
Employee
26 392
-
123 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
36 946
-
other
-
-
-
-
surtax
94
-
5 650
-
total
8 791
-
59 520
-
Employer
26 392
-
123 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
113 551
145 500
-
-
income
29 523
37 831
-
-
total
29 523
37 831
-
-
Dividends
84 028
107 669
-
-
withholding
12 604
16 150
-
-
total
12 604
16 150
-
-
Income
145 500
145 500
145 500
145 500
Total tax
56 474
53 981
81 537
76 744
After tax
89 026
91 519
63 963
68 756
Living cost
17 603
17 603
17 603
17 603
Free-cash
71 423
73 916
46 360
51 153

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
₽55127
₽13508
₽49850
₽55515
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
-
-
-
145 500
pensions
-
-
-
16 938
chamber of commerce
-
-