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
₽ 146000
per

Your estimated
City
free-cash

Valencia , Spain
₽72042
₽56838
₽60151
₽75528
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
-
-
-
146 000
unemployment
-
-
-
512
income
-
-
-
42 193
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 705
total
-
-
-
64 142
Employee
29 188
-
122 675
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
39 483
-
other
28
-
73
-
total
7 479
-
44 129
-
Employer
29 188
-
122 675
-
pensions
6 888
-
17 267
-
accident
578
-
1 449
-
unemployment
1 606
-
4 024
-
other
234
-
586
-
total
9 306
-
23 326
-
Corporate
107 507
146 000
-
-
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.

16 126
21 900
-
-
total
16 126
21 900
-
-
Dividends
91 381
124 100
-
-
withholding
19 340
26 865
-
-
total
19 340
26 865
-
-
Income
146 000
146 000
146 000
146 000
Total tax
52 251
48 765
67 455
64 142
After tax
93 749
97 235
78 545
81 858
Living cost
21 707
21 707
21 707
21 707
Free-cash
72 042
75 528
56 838
60 151

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
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.
₽4588
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
₽80903
₽61546
₽61963
₽86231
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
-
-
-
146 000
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.

-
-
-
28 809
income
-
-
-
23 211
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
63 003
Employee
28 661
-
116 613
-
health
401
-
1 633
-
unemployment
286
-
1 165
-
pensions

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

2 006
-
8 162
-
income
4 934
-
23 073
-
total
7 627
-
34 033
-
Employer
28 661
-
116 613
-
health
401
-
1 633
-
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.

4 873
-
19 824
-
accident
229
-
933
-
unemployment
286
-
1 165
-
other
1 434
-
5 832
-
total
7 223
-
29 387
-
Corporate
110 115
146 000
-
-
income
23 124
30 661
-
-
total
23 124
30 661
-
-
Dividends
86 991
115 339
-
-
withholding
6 089
8 074
-
-
total
6 089
8 074
-
-
Income
146 000
146 000
146 000
146 000
Total tax
44 063
38 735
63 420
63 003
After tax
101 937
107 265
82 580
82 997
Living cost
21 034
21 034
21 034
21 034
Free-cash
80 903
86 231
61 546
61 963

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
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.
₽4413
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
₽110790
₽112156
₽106359
₽114463
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
-
-
-
146 000
pensions

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

-
-
-
4 088
unemployment
-
-
-
110
income
-
-
-
21 900
health
-
-
-
3 176
total
-
-
-
29 274
Employee
13 728
-
140 581
-
health
631
-
1 270
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 205
-
2 425
-
income
1 373
-
14 058
-
total
3 360
-
18 057
-
Employer
13 728
-
140 581
-
health
948
-
1 906
-
pensions

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

1 513
-
3 044
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 694
-
5 420
-
Corporate
129 579
146 000
-
-
income
12 958
14 600
-
-
total
12 958
14 600
-
-
Dividends
116 621
131 400
-
-
withholding
5 831
6 570
-
-
total
5 831
6 570
-
-
Income
146 000
146 000
146 000
146 000
Total tax
24 843
21 170
23 477
29 274
After tax
121 157
124 830
122 523
116 726
Living cost
10 367
10 367
10 367
10 367
Free-cash
110 790
114 463
112 156
106 359

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3300
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
₽51239
₽52430
₽55157
₽46577
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
-
-
-
146 000
income
-
-
-
23 391
other
-
-
-
4 525
health
-
-
-
6 390
social contributions
-
-
-
4 160
pensions
-
-
-
25 370
surtax
-
-
-
-
total
-
-
-
63 836
Employee
33 784
-
112 743
-
pensions
3 820
-
7 942
-
income
1 994
-
22 152
-
social contributions
963
-
3 213
-
surtax
-
-
-
-
total
6 777
-
33 307
-
Employer
33 784
-
112 743
-
health
2 365
-
10 554
-
social contributions
102
-
339
-
pensions
5 550
-
13 355
-
unemployment
1 368
-
4 566
-
other
1 165
-
4 442
-
total
10 550
-
33 256
-
Corporate
101 666
146 000
-
-
income
28 466
40 880
-
-
surtax
-
-
-
-
total
28 466
40 880
-
-
Dividends
73 200
105 120
-
-
social contributions
12 591
18 081
-
-
surtax
-
-
-
-
withholding
9 370
13 455
-
-
total
21 961
31 536
-
-
Income
146 000
146 000
146 000
146 000
Total tax
67 754
72 416
66 563
63 836
After tax
78 246
73 584
79 437
82 164
Living cost
27 007
27 007
27 007
27 007
Free-cash
51 239
46 577
52 430
55 157

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7324
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
₽34483
₽58902
₽47051
₽39319
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
-
-
-
146 000
pensions
-
-
-
9 249
income
-
-
-
46 898
health
-
-
-
9 734
total
-
-
-
65 881
Employee
67 409
67 409
131 330
-
health
10 347
8 801
9 734
-
pensions
12 134
9 249
9 249
-
income

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

11 034
11 034
20 377
-
total
33 515
29 084
39 360
-
Employer
67 409
67 409
131 330
-
health
4 686
4 686
5 823
-
pensions
4 692
4 692
5 832
-
unemployment
2 427
2 427
3 015
-
total
11 805
11 805
14 670
-
Corporate
67 614
66 787
-
-
income
13 522
13 357
-
-
total
13 522
13 357
-
-
Dividends
54 091
53 429
-
-
income
11 494
11 353
-
-
withholding
8 113
8 014
-
-
total
19 607
19 367
-
-
Income
146 000
146 000
146 000
146 000
Total tax
78 449
73 613
54 030
65 881
After tax
67 551
72 387
91 970
80 119
Living cost
33 068
33 068
33 068
33 068
Free-cash
34 483
39 319
58 902
47 051

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
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
₽58448
₽68273
₽51058
₽49716
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.

-
-
-
146 000
trade
-
-
-
17 215
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.

-
-
-
45 901
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.

-
-
-
5 393
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.

-
-
-
2 524
total
-
-
-
71 033
Employee

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

30 192
-
146 000
-
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.

5 393
-
5 393
-
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.

843
-
45 901
-
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
-
2 524
-
total
6 282
-
53 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
115 808
146 000
-
-
income
17 371
21 900
-
-
trade
18 239
22 996
-
-
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.

956
1 204
-
-
chamber of commerce
286
330
-
-
total
36 852
46 430
-
-
Dividends
78 956
99 570
-
-
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.

1 070
1 353
-
-
withholding
19 439
24 592
-
-
total
20 509
25 945
-
-
Income
146 000
146 000
146 000
146 000
Total tax
63 643
72 375
53 818
71 033
After tax
82 357
73 625
92 182
74 967
Living cost
23 909
23 909
23 909
23 909
Free-cash
58 448
49 716
68 273
51 058

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5635
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
₽83914
₽79901
₽81167
₽88208
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
-
-
-
146 000
income
-
-
-
30 063
health
-
-
-
3 722
social contributions
-
-
-
12 772
total
-
-
-
46 557
Employee
60 699
60 699
136 677
-
health
470
1 032
2 323
-
income
6 609
5 619
29 381
-
social contributions
2 295
5 038
6 795
-
total
9 374
11 689
38 499
-
Employer
60 699
60 699
136 677
-
health
511
1 123
2 529
-
social contributions
2 295
5 038
6 795
-
total
2 806
6 161
9 324
-
Corporate
115 544
79 140
-
-
income
14 444
9 893
-
-
total
14 444
9 893
-
-
Dividends
101 100
69 247
-
-
withholding
17 186
11 773
-
-
total
17 186
11 773
-
-
Income
146 000
146 000
146 000
146 000
Total tax
43 810
39 516
47 823
46 557
After tax
102 190
106 484
98 177
99 443
Living cost
18 276
18 276
18 276
18 276
Free-cash
83 914
88 208
79 901
81 167

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5126
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
₽57490
₽41913
₽52984
₽58284
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.

-
-
-
146 000
income
-
-
-
17 521
social contributions

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

-
-
-
50 735
surtax
-
-
-
-
total
-
-
-
68 256
Employee
36 305
-
117 980
-
income
7 552
-
38 328
-
social contributions
3 994
-
12 979
-
surtax
-
-
-
-
total
11 546
-
51 307
-
Employer
36 305
-
117 980
-
social contributions
8 622
-
28 020
-
total
8 622
-
28 020
-
Corporate
101 073
146 000
-
-
income
21 225
30 661
-
-
surtax
-
-
-
-
total
21 225
30 661
-
-
Dividends
79 848
115 339
-
-
withholding
22 357
32 295
-
-
total
22 357
32 295
-
-
Income
146 000
146 000
146 000
146 000
Total tax
63 750
62 956
79 327
68 256
After tax
82 250
83 044
66 673
77 744
Living cost
24 760
24 760
24 760
24 760
Free-cash
57 490
58 284
41 913
52 984

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4361
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
₽131592
₽110814
₽138554
₽132714
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%.

-
-
-
146 000
microenterprise

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

-
-
-
1 460
total
-
-
-
1 460
Employee
7 482
-
146 000
-
income
1 496
-
29 200
-
total
1 496
-
29 200
-
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%.

138 518
146 000
-
-
total
-
-
-
-
Dividends
138 518
146 000
-
-
withholding
6 926
7 300
-
-
total
6 926
7 300
-
-
Income
146 000
146 000
146 000
146 000
Total tax
8 422
7 300
29 200
1 460
After tax
137 578
138 700
116 800
144 540
Living cost
5 986
5 986
5 986
5 986
Free-cash
131 592
132 714
110 814
138 554

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1614
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
₽72744
₽45913
₽49781
₽79348
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.

-
-
-
146 000
pensions
-
-
-
26 663
unemployment
-
-
-
219
income
-
-
-
33 798
health
-
-
-
14 366
total
-
-
-
75 046
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.

34 906
-
126 330
-
health
2 254
-
8 161
-
unemployment
49
-
177
-
pensions
5 411
-
19 582
-
income
6 020
-
31 324
-
total
13 734
-
59 244
-
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.

34 906
-
126 330
-
health
2 325
-
8 413
-
pensions
3 089
-
11 181
-
unemployment
21
-
76
-
total
5 435
-
19 670
-
Corporate
105 659
146 000
-
-
income
20 076
27 740
-
-
total
20 076
27 740
-
-
Dividends
85 583
118 260
-
-
withholding
12 838
17 739
-
-
total
12 838
17 739
-
-
Income
146 000
146 000
146 000
146 000
Total tax
52 083
45 479
78 914
75 046
After tax
93 917
100 521
67 086
70 954
Living cost
21 173
21 173
21 173
21 173
Free-cash
72 744
79 348
45 913
49 781

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽4876
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
₽64835
₽74730
₽89910
₽62075
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.

-
-
-
146 000
income
-
-
-
22 470
health

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

-
-
-
4 966
total
-
-
-
27 436
Employee
36 212
-
142 369
-
social contributions
3 628
-
3 631
-
income
3 929
-
35 354
-
total
7 557
-
38 985
-
Employer
36 212
-
142 369
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
106 160
146 000
-
-
income
37 156
51 101
-
-
total
37 156
51 101
-
-
Dividends
69 004
94 899
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
146 000
146 000
146 000
146 000
Total tax
52 511
55 271
42 616
27 436
After tax
93 489
90 729
103 384
118 564
Living cost
28 654
28 654
28 654
28 654
Free-cash
64 835
62 075
74 730
89 910

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
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.
₽7081
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
₽72745
₽73808
₽77023
₽72335
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
-
-
-
146 000
income
-
-
-
21 900
health
-
-
-
10 191
social contributions
-
-
-
20 148
total
-
-
-
52 239
Employee
26 764
-
146 000
-
health
1 868
-
10 191
-
income
4 464
-
25 115
-
social contributions
3 694
-
20 148
-
total
10 026
-
55 454
-
Employer
26 764
-
146 000
-
total
-
-
-
-
Corporate
119 236
146 000
-
-
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%.

5 962
7 300
-
-
total
5 962
7 300
-
-
Dividends
113 274
138 700
-
-
social contributions
15 631
19 141
-
-
withholding
16 992
20 805
-
-
health
7 906
9 681
-
-
total
40 529
49 627
-
-
Income
146 000
146 000
146 000
146 000
Total tax
56 517
56 927
55 454
52 239
After tax
89 483
89 073
90 546
93 761
Living cost
16 738
16 738
16 738
16 738
Free-cash
72 745
72 335
73 808
77 023

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4118
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
₽70519
₽56281
₽62443
₽78409
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
-
-
-
146 000
income
-
-
-
15 070
health
-
-
-
19 710
social contributions
-
-
-
25 822
solidarity contribution
-
-
-
843
total
-
-
-
61 445
Employee
32 518
-
113 663
-
health
4 390
-
15 345
-
solidarity contribution
-
-
290
-
income
3 902
-
13 886
-
social contributions
2 114
-
5 748
-
total
10 406
-
35 269
-
Employer
32 518
-
113 663
-
health
2 927
-
10 230
-
social contributions
8 130
-
22 108
-
total
11 057
-
32 338
-
Corporate
102 425
146 000
-
-
income
19 461
27 740
-
-
total
19 461
27 740
-
-
Dividends
82 965
118 260
-
-
withholding
12 445
17 739
-
-
total
12 445
17 739
-
-
Income
146 000
146 000
146 000
146 000
Total tax
53 369
45 479
67 607
61 445
After tax
92 631
100 521
78 393
84 555
Living cost
22 112
22 112
22 112
22 112
Free-cash
70 519
78 409
56 281
62 443

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4061
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
₽127623
₽107472
₽135212
₽129372
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%.

-
-
-
146 000
microenterprise

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

-
-
-
1 460
total
-
-
-
1 460
Employee
11 661
-
146 000
-
income
2 332
-
29 200
-
total
2 332
-
29 200
-
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%.

134 339
146 000
-
-
total
-
-
-
-
Dividends
134 339
146 000
-
-
withholding
6 717
7 300
-
-
total
6 717
7 300
-
-
Income
146 000
146 000
146 000
146 000
Total tax
9 049
7 300
29 200
1 460
After tax
136 951
138 700
116 800
144 540
Living cost
9 328
9 328
9 328
9 328
Free-cash
127 623
129 372
107 472
135 212

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
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.
₽2311
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
₽40884
₽41311
₽44038
₽35458
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
-
-
-
146 000
income
-
-
-
23 391
other
-
-
-
4 525
health
-
-
-
6 390
social contributions
-
-
-
4 160
pensions
-
-
-
25 370
surtax
-
-
-
-
total
-
-
-
63 836
Employee
49 440
-
112 743
-
pensions
5 592
-
7 942
-
income
4 314
-
22 152
-
social contributions
1 408
-
3 213
-
surtax
-
-
-
-
total
11 314
-
33 307
-
Employer
49 440
-
112 743
-
health
3 460
-
10 554
-
social contributions
148
-
339
-
pensions
8 124
-
13 355
-
unemployment
2 003
-
4 566
-
other
1 706
-
4 442
-
total
15 441
-
33 256
-
Corporate
81 119
146 000
-
-
income
22 714
40 880
-
-
surtax
-
-
-
-
total
22 714
40 880
-
-
Dividends
58 405
105 120
-
-
social contributions
10 045
18 081
-
-
surtax
-
-
-
-
withholding
7 476
13 455
-
-
total
17 521
31 536
-
-
Income
146 000
146 000
146 000
146 000
Total tax
66 990
72 416
66 563
63 836
After tax
79 010
73 584
79 437
82 164
Living cost
38 126
38 126
38 126
38 126
Free-cash
40 884
35 458
41 311
44 038

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽8681
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
₽88006
₽77199
₽77200
₽91878
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.

-
-
-
146 000
pensions
-
-
-
15 119
unemployment
-
-
-
872
income
-
-
-
33 213
health
-
-
-
5 989
total
-
-
-
55 193
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.

20 519
-
135 591
-
health
1 057
-
2 995
-
unemployment
154
-
436
-
pensions
2 873
-
8 141
-
income
2 828
-
33 213
-
total
6 912
-
44 785
-
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.

20 519
-
135 591
-
health
1 057
-
2 995
-
pensions
2 462
-
6 978
-
unemployment
154
-
436
-
total
3 673
-
10 409
-
Corporate
121 808
146 000
-
-
income
18 271
21 900
-
-
total
18 271
21 900
-
-
Dividends
103 537
124 100
-
-
withholding
15 531
18 615
-
-
total
15 531
18 615
-
-
Income
146 000
146 000
146 000
146 000
Total tax
44 387
40 515
55 194
55 193
After tax
101 613
105 485
90 806
90 807
Living cost
13 608
13 608
13 608
13 608
Free-cash
88 006
91 878
77 199
77 200

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
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
₽36026
₽56956
₽62759
₽13040
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
-
-
-
146 000
pensions
-
-
-
13 432
city
-
-
-
1 538
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.

-
-
-
2 920
health
-
-
-
328
regional
-
-
-
7 907
national
-
-
-
3 394
total
-
-
-
29 519
Employee
62 868
-
131 129
-
health
142
-
295
-
unemployment
-
-
-
-
city
675
-
1 414
-
pensions
5 282
-
10 511
-
regional
2 059
-
6 968
-
national
298
-
2 705
-
total
8 456
-
21 893
-
Employer
62 868
-
131 129
-
health
142
-
295
-
pensions
5 282
-
10 511
-
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.

1 257
-
2 623
-
total
6 681
-
13 429
-
Corporate
75 760
146 000
-
-
regional
16 023
30 879
-
-
national
6 439
12 410
-
-
total
22 462
43 289
-
-
Dividends
53 297
102 711
-
-
withholding
18 653
35 949
-
-
total
18 653
35 949
-
-
Income
146 000
146 000
146 000
146 000
Total tax
56 252
79 238
35 322
29 519
After tax
89 748
66 762
110 678
116 481
Living cost
53 722
53 722
53 722
53 722
Free-cash
36 026
13 040
56 956
62 759

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
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.
₽13307
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
₽62900
₽45842
₽62852
₽60748
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

-
-
-
146 000
municipal
-
-
-
25 935
health
-
-
-
1 919
national
-
-
-
24 988
total
-
-
-
52 842
Employee
41 530
-
122 823
-
health
310
-
1 562
-
unemployment
623
-
1 843
-
pensions
2 803
-
8 290
-
national
686
-
14 978
-
municipal
6 802
-
20 003
-
total
11 224
-
46 676
-
Employer
41 530
-
122 823
-
health
319
-
945
-
pensions
7 205
-
21 310
-
accident
42
-
123
-
unemployment
270
-
798
-
total
7 836
-
23 176
-
Corporate
96 634
146 000
-
-
income
19 327
29 200
-
-
total
19 327
29 200
-
-
Dividends

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

57 980
87 600
-
-
municipal
10 436
15 768
-
-
national
3 971
9 978
-
-
total
14 407
25 746
-
-
Income
146 000
146 000
146 000
146 000
Total tax
52 794
54 946
69 852
52 842
After tax
93 206
91 054
76 148
93 158
Living cost
30 306
30 306
30 306
30 306
Free-cash
62 900
60 748
45 842
62 852

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7114
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
₽41020
₽22231
₽34560
₽52858
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
-
-
-
146 000
communal

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

-
-
-
7 580
social contributions
-
-
-
19 680
national
-
-
-
55 398
total
-
-
-
82 658
Employee

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

56 464
-
113 083
-
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.

2 653
-
5 315
-
communal

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

2 945
-
5 898
-
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.

491
-
984
-
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.

4 235
-
8 482
-
national
17 359
-
41 391
-
total
27 683
-
62 070
-
Employer

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

56 464
-
113 083
-
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.

3 472
-
6 955
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 003
-
10 018
-
surtax
6 402
-
12 823
-
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.

734
-
1 470
-
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.

824
-
1 651
-
total
16 435
-
32 917
-
Corporate
73 100
146 000
-
-
income
14 620
29 200
-
-
surtax
292
584
-
-
total
14 912
29 784
-
-
Dividends
58 188
116 216
-
-
withholding

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

17 168
34 576
-
-
total
17 168
34 576
-
-
Income
146 000
146 000
146 000
146 000
Total tax
76 198
64 360
94 987
82 658
After tax
69 802
81 640
51 013
63 342
Living cost
28 782
28 782
28 782
28 782
Free-cash
41 020
52 858
22 231
34 560

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽7276
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
₽44780
₽40270
₽41099
₽45545
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
-
-
-
146 000
unemployment
-
-
-
75
municipal
-
-
-
37 067
other
-
-
-
8 702
health
-
-
-
4 673
national
-
-
-
11 967
accident
-
-
-
150
pensions
-
-
-
8 096
total
-
-
-
70 730
Employee
48 691
-
122 469
-
national
-
-
11 508
-
municipal
14 520
-
36 520
-
total
14 520
-
48 028
-
Employer
48 691
-
122 469
-
health
2 994
-
4 606
-
pensions
5 263
-
8 096
-
accident
97
-
150
-
unemployment
1 285
-
1 977
-
other
5 658
-
8 702
-
total
15 297
-
23 531
-
Corporate
82 010
146 000
-
-
income
18 042
32 120
-
-
total
18 042
32 120
-
-
Dividends
63 968
113 880
-
-
withholding
19 190
34 164
-
-
total
19 190
34 164
-
-
Income
146 000
146 000
146 000
146 000
Total tax
67 049
66 284
71 559
70 730
After tax
78 951
79 716
74 441
75 270
Living cost
34 171
34 171
34 171
34 171
Free-cash
44 780
45 545
40 270
41 099

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
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.
₽7652
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
₽9028
₽96472
₽62942
₽50870
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
-
-
-
146 000
income
-
-
-
28 458
social contributions
-
-
-
16 644
total
-
-
-
45 102
Employee
54 424
-
-
-
income
12 005
-
-
-
social contributions
4 463
-
636
-
total
16 468
-
636
-
Employer
54 424
-
-
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
14 838
146 000
-
-
income
3 264
32 120
-
-
total
3 264
32 120
-
-
Dividends
11 574
113 880
-
-
income
2 546
25 054
-
-
total
2 546
25 054
-
-
Income
146 000
146 000
146 000
146 000
Total tax
99 016
57 174
11 572
45 102
After tax
46 984
88 826
134 428
100 898
Living cost
37 956
37 956
37 956
37 956
Free-cash
9 028
50 870
96 472
62 942

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽9275
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
₽77607
₽72574
₽73840
₽80881
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
-
-
-
146 000
income
-
-
-
30 063
health
-
-
-
3 722
social contributions
-
-
-
12 772
total
-
-
-
46 557
Employee
60 699
60 699
136 677
-
health
604
1 032
2 323
-
income
6 374
5 619
29 381
-
social contributions
2 950
5 038
6 795
-
total
9 928
11 689
38 499
-
Employer
60 699
60 699
136 677
-
health
658
1 123
2 529
-
social contributions
2 950
5 038
6 795
-
total
3 608
6 161
9 324
-
Corporate
106 862
79 140
-
-
income
13 357
9 893
-
-
total
13 357
9 893
-
-
Dividends
93 505
69 247
-
-
withholding
15 897
11 773
-
-
total
15 897
11 773
-
-
Income
146 000
146 000
146 000
146 000
Total tax
42 790
39 516
47 823
46 557
After tax
103 210
106 484
98 177
99 443
Living cost
25 603
25 603
25 603
25 603
Free-cash
77 607
80 881
72 574
73 840

Estimated living cost  is ₽25603 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5671
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
₽70553
₽54567
₽67714
₽66062
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
-
-
-
146 000
income
-
-
-
43 045
pensions
-
-
-
7 072
total
-
-
-
50 117
Employee
38 666
-
127 424
-
health
504
-
1 799
-
pensions
2 951
-
8 607
-
income
7 041
-
34 282
-
total
10 496
-
44 688
-
Employer
38 666
-
127 424
-
health
735
-
2 422
-
pensions
3 907
-
16 154
-
total
4 642
-
18 576
-
Corporate
102 693
146 000
-
-
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.

19 511
27 740
-
-
total
19 511
27 740
-
-
Dividends
83 182
118 260
-
-
withholding
12 629
24 029
-
-
total
12 629
24 029
-
-
Income
146 000
146 000
146 000
146 000
Total tax
47 278
51 769
63 264
50 117
After tax
98 722
94 231
82 736
95 883
Living cost
28 169
28 169
28 169
28 169
Free-cash
70 553
66 062
54 567
67 714

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
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.
₽5901
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
₽41867
₽29787
₽36193
₽45455
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
-
-
-
146 000
municipal
-
-
-
977
regional
-
-
-
3 352
social contributions
-
-
-
37 551
national
-
-
-
36 480
total
-
-
-
78 360
Employee
66 517
-
146 000
-
social contributions
22 429
-
49 231
-
regional
1 004
-
2 974
-
national
11 241
-
31 691
-
municipal
397
-
870
-
total
35 071
-
84 766
-
Employer
66 517
-
146 000
-
total
-
-
-
-
Corporate
79 483
146 000
-
-
nationa
19 075
35 039
-
-
municipal
3 830
7 038
-
-
total
22 905
42 077
-
-
Dividends
56 577
103 923
-
-
withholding
14 710
27 021
-
-
total
14 710
27 021
-
-
Income
146 000
146 000
146 000
146 000
Total tax
72 686
69 098
84 766
78 360
After tax
73 314
76 902
61 234
67 640
Living cost
31 447
31 447
31 447
31 447
Free-cash
41 867
45 455
29 787
36 193

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6718
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
₽9243
₽62863
₽82931
-₽5008
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
-
-
-
146 000
pensions
-
-
-
3 184
income
-
-
-
40 905
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
46 235
Employee
26 480
-
132 126
-
health
3 032
-
15 129
-
pensions
2 982
-
5 838
-
income
3 633
-
31 462
-
total
9 647
-
52 429
-
Employer
26 480
-
132 126
-
pensions
4 306
-
8 430
-
accident
442
-
2 207
-
unemployment
649
-
3 237
-
total
5 397
-
13 874
-
Corporate
114 123
146 000
-
-
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.

102 711
131 400
-
-
total
102 711
131 400
-
-
Dividends
11 412
14 600
-
-
withholding
2 168
2 774
-
-
total
2 168
2 774
-
-
Income
146 000
146 000
146 000
146 000
Total tax
119 923
134 174
66 303
46 235
After tax
26 077
11 826
79 697
99 765
Living cost
16 834
16 834
16 834
16 834
Free-cash
9 243
-5 008
62 863
82 931

Estimated living cost  is ₽16834 per week

₽12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽3212
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
₽54979
₽61706
₽46022
₽44651
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.

-
-
-
146 000
trade
-
-
-
15 684
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.

-
-
-
45 901
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.

-
-
-
5 393
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.

-
-
-
2 524
total
-
-
-
69 502
Employee

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

39 276
-
146 000
-
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.

5 393
-
5 393
-
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.

3 230
-
45 901
-
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.

178
-
2 524
-
total
8 801
-
53 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
106 724
146 000
-
-
income
16 009
21 900
-
-
trade
15 315
20 951
-
-
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.

881
1 204
-
-
chamber of commerce
276
334
-
-
total
32 481
44 389
-
-
Dividends
74 243
101 610
-
-
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.

1 004
1 381
-
-
withholding
18 260
25 103
-
-
total
19 264
26 484
-
-
Income
146 000
146 000
146 000
146 000
Total tax
60 546
70 873
53 818
69 502
After tax
85 454
75 127
92 182
76 498
Living cost
30 476
30 476
30 476
30 476
Free-cash
54 979
44 651
61 706
46 022

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5731
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
₽93902
₽45393
₽34559
₽100378
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.

-
-
-
146 000
income
-
-
-
27 546
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.

-
-
-
30 244
surtax
-
-
-
37 229
total
-
-
-
95 019
Employee
23 066
-
111 115
-
income
4 106
-
22 840
-
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.

2 538
-
10 348
-
surtax
-
-
16 112
-
total
6 644
-
49 300
-
Employer
23 066
-
111 115
-
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.

5 556
-
22 663
-
surtax
-
-
12 222
-
total
5 556
-
34 885
-
Corporate
117 378
146 000
-
-
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%.

23 476
29 200
-
-
total
23 476
29 200
-
-
Dividends

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

93 902
116 800
-
-
total
-
-
-
-
Income
146 000
146 000
146 000
146 000
Total tax
35 676
29 200
84 185
95 019
After tax
110 324
116 800
61 815
50 981
Living cost
16 422
16 422
16 422
16 422
Free-cash
93 902
100 378
45 393
34 559

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
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.
₽4009
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
₽79728
₽78698
₽79393
₽81334
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
-
-
-
146 000
income
-
-
-
44 544
health
-
-
-
5 167
pensions
-
-
-
7 126
total
-
-
-
56 837
Employee
14 880
-
137 983
-
health
744
-
1 782
-
unemployment
149
-
356
-
pensions
1 339
-
3 207
-
income
2 879
-
44 170
-
total
5 111
-
49 515
-
Employer
14 880
-
137 983
-
health
1 414
-
3 385
-
pensions
1 637
-
3 919
-
unemployment
298
-
713
-
total
3 349
-
8 017
-
Corporate
127 772
146 000
-
-
income
28 110
32 120
-
-
total
28 110
32 120
-
-
Dividends
99 662
113 880
-
-
withholding
19 932
22 776
-
-
total
19 932
22 776
-
-
Income
146 000
146 000
146 000
146 000
Total tax
56 502
54 896
57 532
56 837
After tax
89 498
91 104
88 468
89 163
Living cost
9 770
9 770
9 770
9 770
Free-cash
79 728
81 334
78 698
79 393

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
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.
₽2948
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
₽71594
₽46440
₽51267
₽74103
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
-
-
-
146 000
pensions
-
-
-
21 071
unemployment
-
-
-
180
income
-
-
-
41 686
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
6 587
total
-
-
-
77 003
Employee
26 583
-
123 824
-
health
679
-
2 686
-
unemployment
1 850
-
7 333
-
pensions
1 774
-
7 027
-
income
4 456
-
36 966
-
other
-
-
-
-
surtax
94
-
5 641
-
total
8 853
-
59 653
-
Employer
26 583
-
123 824
-
health
1 209
-
4 794
-
pensions
3 544
-
14 044
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 177
-
Corporate
113 820
146 000
-
-
income
29 593
37 960
-
-
total
29 593
37 960
-
-
Dividends
84 228
108 040
-
-
withholding
12 634
16 207
-
-
total
12 634
16 207
-
-
Income
146 000
146 000
146 000
146 000
Total tax
56 676
54 167
81 830
77 003
After tax
89 324
91 833
64 170
68 997
Living cost
17 730
17 730
17 730
17 730
Free-cash
71 594
74 103
46 440
51 267

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽5074
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
₽55223
₽13464
₽49924
₽55615
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
-
-
-
146 000
pensions
-
-
-
17 061
chamber of commerce
-
-