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
₽ 147000
per

Your estimated
City
free-cash

Valencia , Spain
₽72797
₽57488
₽60785
₽76267
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
-
-
-
147 000
unemployment
-
-
-
510
income
-
-
-
42 743
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
64 600
Employee
29 064
-
123 773
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
40 044
-
other
28
-
73
-
total
7 447
-
44 671
-
Employer
29 064
-
123 773
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
108 669
147 000
-
-
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.

16 301
22 050
-
-
total
16 301
22 050
-
-
Dividends
92 369
124 950
-
-
withholding
19 573
27 068
-
-
total
19 573
27 068
-
-
Income
147 000
147 000
147 000
147 000
Total tax
52 588
49 118
67 897
64 600
After tax
94 412
97 882
79 103
82 400
Living cost
21 615
21 615
21 615
21 615
Free-cash
72 797
76 267
57 488
60 785

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽4569
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
₽81746
₽62162
₽62914
₽87055
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
-
-
-
147 000
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.

-
-
-
28 687
income
-
-
-
23 517
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
63 141
Employee
28 540
-
117 412
-
health
400
-
1 644
-
unemployment
285
-
1 174
-
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.

1 997
-
8 218
-
income
4 914
-
23 268
-
total
7 596
-
34 304
-
Employer
28 540
-
117 412
-
health
400
-
1 644
-
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.

4 852
-
19 960
-
accident
228
-
940
-
unemployment
285
-
1 174
-
other
1 428
-
5 871
-
total
7 193
-
29 589
-
Corporate
111 267
147 000
-
-
income
23 367
30 870
-
-
total
23 367
30 870
-
-
Dividends
87 900
116 130
-
-
withholding
6 153
8 130
-
-
total
6 153
8 130
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 309
39 000
63 893
63 141
After tax
102 691
108 000
83 107
83 859
Living cost
20 945
20 945
20 945
20 945
Free-cash
81 746
87 055
62 162
62 914

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
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.
₽4394
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
₽111733
₽113177
₽107320
₽115383
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
-
-
-
147 000
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
22 050
health
-
-
-
3 156
total
-
-
-
29 378
Employee
13 641
-
141 615
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
14 162
-
total
3 339
-
18 136
-
Employer
13 641
-
141 615
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
130 683
147 000
-
-
income
13 068
14 700
-
-
total
13 068
14 700
-
-
Dividends
117 614
132 300
-
-
withholding
5 881
6 615
-
-
total
5 881
6 615
-
-
Income
147 000
147 000
147 000
147 000
Total tax
24 965
21 315
23 521
29 378
After tax
122 035
125 685
123 479
117 622
Living cost
10 302
10 302
10 302
10 302
Free-cash
111 733
115 383
113 177
107 320

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
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.
₽3279
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
₽51839
₽52913
₽55807
₽47193
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
-
-
-
147 000
income
-
-
-
23 674
other
-
-
-
4 557
health
-
-
-
6 483
social contributions
-
-
-
4 189
pensions
-
-
-
25 397
surtax
-
-
-
-
total
-
-
-
64 300
Employee
33 641
-
113 430
-
pensions
3 804
-
8 028
-
income
1 985
-
22 364
-
social contributions
959
-
3 232
-
surtax
-
-
-
-
total
6 748
-
33 624
-
Employer
33 641
-
113 430
-
health
2 355
-
10 662
-
social contributions
101
-
340
-
pensions
5 527
-
13 490
-
unemployment
1 362
-
4 594
-
other
1 161
-
4 484
-
total
10 506
-
33 570
-
Corporate
102 853
147 000
-
-
income
28 799
41 161
-
-
surtax
-
-
-
-
total
28 799
41 161
-
-
Dividends
74 054
105 839
-
-
social contributions
12 736
18 206
-
-
surtax
-
-
-
-
withholding
9 479
13 547
-
-
total
22 215
31 753
-
-
Income
147 000
147 000
147 000
147 000
Total tax
68 268
72 914
67 194
64 300
After tax
78 732
74 086
79 806
82 700
Living cost
26 893
26 893
26 893
26 893
Free-cash
51 839
47 193
52 913
55 807

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
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
₽35163
₽59840
₽47634
₽39979
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
-
-
-
147 000
pensions
-
-
-
9 209
income
-
-
-
47 536
health
-
-
-
9 693
total
-
-
-
66 438
Employee
67 124
67 124
132 392
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
20 722
-
total
33 372
28 959
39 624
-
Employer
67 124
67 124
132 392
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
68 945
68 121
-
-
income
13 789
13 625
-
-
total
13 789
13 625
-
-
Dividends
55 156
54 497
-
-
income
11 721
11 581
-
-
withholding
8 273
8 174
-
-
total
19 994
19 755
-
-
Income
147 000
147 000
147 000
147 000
Total tax
78 909
74 093
54 232
66 438
After tax
68 091
72 907
92 768
80 562
Living cost
32 928
32 928
32 928
32 928
Free-cash
35 163
39 979
59 840
47 634

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽6101
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
₽59013
₽68885
₽51488
₽50320
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.

-
-
-
147 000
trade
-
-
-
17 397
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.

-
-
-
46 386
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.

-
-
-
5 370
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.

-
-
-
2 551
total
-
-
-
71 704
Employee

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

30 064
-
147 000
-
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.

5 370
-
5 370
-
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.

840
-
46 386
-
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
-
2 551
-
total
6 256
-
54 307
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
116 936
147 000
-
-
income
17 540
22 050
-
-
trade
18 417
23 152
-
-
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.

965
1 213
-
-
chamber of commerce
288
331
-
-
total
37 210
46 746
-
-
Dividends
79 725
100 255
-
-
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.

1 080
1 362
-
-
withholding
19 633
24 764
-
-
total
20 713
26 126
-
-
Income
147 000
147 000
147 000
147 000
Total tax
64 179
72 872
54 307
71 704
After tax
82 821
74 128
92 693
75 296
Living cost
23 808
23 808
23 808
23 808
Free-cash
59 013
50 320
68 885
51 488

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽5612
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
₽84734
₽80578
₽81848
₽89012
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
-
-
-
147 000
income
-
-
-
30 486
health
-
-
-
3 749
social contributions
-
-
-
12 718
total
-
-
-
46 953
Employee
60 443
60 443
137 686
-
health
468
1 028
2 340
-
income
6 581
5 595
29 803
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
38 909
-
Employer
60 443
60 443
137 686
-
health
509
1 119
2 548
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
9 314
-
Corporate
116 672
80 422
-
-
income
14 584
10 052
-
-
total
14 584
10 052
-
-
Dividends
102 089
70 370
-
-
withholding
17 355
11 963
-
-
total
17 355
11 963
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 067
39 789
48 223
46 953
After tax
102 933
107 211
98 777
100 047
Living cost
18 199
18 199
18 199
18 199
Free-cash
84 734
89 012
80 578
81 848

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
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
₽58166
₽42376
₽53522
₽58958
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.

-
-
-
147 000
income
-
-
-
17 740
social contributions

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

-
-
-
51 083
surtax
-
-
-
-
total
-
-
-
68 823
Employee
36 152
-
118 788
-
income
7 520
-
38 690
-
social contributions
3 977
-
13 067
-
surtax
-
-
-
-
total
11 497
-
51 757
-
Employer
36 152
-
118 788
-
social contributions
8 586
-
28 212
-
total
8 586
-
28 212
-
Corporate
102 262
147 000
-
-
income
21 475
30 870
-
-
surtax
-
-
-
-
total
21 475
30 870
-
-
Dividends
80 787
116 130
-
-
withholding
22 621
32 517
-
-
total
22 621
32 517
-
-
Income
147 000
147 000
147 000
147 000
Total tax
64 179
63 387
79 969
68 823
After tax
82 821
83 613
67 031
78 177
Living cost
24 655
24 655
24 655
24 655
Free-cash
58 166
58 958
42 376
53 522

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
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.
₽4342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽132402
₽111496
₽139426
₽133546
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%.

-
-
-
147 000
microenterprise

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

-
-
-
1 470
total
-
-
-
1 470
Employee
7 629
-
147 000
-
income
1 526
-
29 400
-
total
1 526
-
29 400
-
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%.

139 371
147 000
-
-
total
-
-
-
-
Dividends
139 371
147 000
-
-
withholding
6 968
7 350
-
-
total
6 968
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
8 494
7 350
29 400
1 470
After tax
138 506
139 650
117 600
145 530
Living cost
6 104
6 104
6 104
6 104
Free-cash
132 402
133 546
111 496
139 426

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
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.
₽1646
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
₽73552
₽46385
₽50280
₽80126
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.

-
-
-
147 000
pensions
-
-
-
26 845
unemployment
-
-
-
221
income
-
-
-
34 106
health
-
-
-
14 465
total
-
-
-
75 637
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.

34 759
-
127 195
-
health
2 245
-
8 216
-
unemployment
49
-
178
-
pensions
5 388
-
19 715
-
income
5 994
-
31 618
-
total
13 676
-
59 727
-
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.

34 759
-
127 195
-
health
2 315
-
8 471
-
pensions
3 076
-
11 258
-
unemployment
21
-
76
-
total
5 412
-
19 805
-
Corporate
106 830
147 000
-
-
income
20 297
27 930
-
-
total
20 297
27 930
-
-
Dividends
86 533
119 070
-
-
withholding
12 980
17 861
-
-
total
12 980
17 861
-
-
Income
147 000
147 000
147 000
147 000
Total tax
52 365
45 791
79 532
75 637
After tax
94 635
101 209
67 468
71 363
Living cost
21 083
21 083
21 083
21 083
Free-cash
73 552
80 126
46 385
50 280

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽4855
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
₽65611
₽75465
₽91122
₽62864
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.

-
-
-
147 000
income
-
-
-
22 375
health

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

-
-
-
4 970
total
-
-
-
27 345
Employee
36 059
-
143 384
-
social contributions
3 613
-
3 616
-
income
3 913
-
35 770
-
total
7 526
-
39 386
-
Employer
36 059
-
143 384
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
107 328
147 000
-
-
income
37 564
51 450
-
-
total
37 564
51 450
-
-
Dividends
69 764
95 550
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
147 000
147 000
147 000
147 000
Total tax
52 856
55 603
43 002
27 345
After tax
94 144
91 397
103 998
119 655
Living cost
28 533
28 533
28 533
28 533
Free-cash
65 611
62 864
75 465
91 122

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽7051
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
₽73425
₽74452
₽77735
₽73016
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
-
-
-
147 000
income
-
-
-
22 050
health
-
-
-
10 261
social contributions
-
-
-
20 286
total
-
-
-
52 597
Employee
26 651
-
147 000
-
health
1 860
-
10 261
-
income
4 445
-
25 333
-
social contributions
3 678
-
20 286
-
total
9 983
-
55 880
-
Employer
26 651
-
147 000
-
total
-
-
-
-
Corporate
120 349
147 000
-
-
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%.

6 017
7 349
-
-
total
6 017
7 349
-
-
Dividends
114 331
139 651
-
-
social contributions
15 777
19 272
-
-
withholding
17 150
20 947
-
-
health
7 980
9 748
-
-
total
40 907
49 967
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 907
57 316
55 880
52 597
After tax
90 093
89 684
91 120
94 403
Living cost
16 668
16 668
16 668
16 668
Free-cash
73 425
73 016
74 452
77 735

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
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.
₽4101
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
₽71356
₽57068
₽63295
₽79205
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
-
-
-
147 000
income
-
-
-
15 219
health
-
-
-
19 845
social contributions
-
-
-
25 694
solidarity contribution
-
-
-
943
total
-
-
-
61 701
Employee
32 358
-
114 680
-
health
4 368
-
15 482
-
solidarity contribution
-
-
384
-
income
3 883
-
14 022
-
social contributions
2 103
-
5 720
-
total
10 354
-
35 608
-
Employer
32 358
-
114 680
-
health
2 912
-
10 321
-
social contributions
8 090
-
21 999
-
total
11 002
-
32 320
-
Corporate
103 640
147 000
-
-
income
19 692
27 930
-
-
total
19 692
27 930
-
-
Dividends
83 948
119 070
-
-
withholding
12 592
17 861
-
-
total
12 592
17 861
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 640
45 791
67 928
61 701
After tax
93 360
101 209
79 072
85 299
Living cost
22 004
22 004
22 004
22 004
Free-cash
71 356
79 205
57 068
63 295

Estimated living cost  is ₽22004 per week

₽16363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
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.
₽4041
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
₽128355
₽108089
₽136019
₽130139
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%.

-
-
-
147 000
microenterprise

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

-
-
-
1 470
total
-
-
-
1 470
Employee
11 889
-
147 000
-
income
2 378
-
29 400
-
total
2 378
-
29 400
-
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%.

135 111
147 000
-
-
total
-
-
-
-
Dividends
135 111
147 000
-
-
withholding
6 756
7 350
-
-
total
6 756
7 350
-
-
Income
147 000
147 000
147 000
147 000
Total tax
9 134
7 350
29 400
1 470
After tax
137 866
139 650
117 600
145 530
Living cost
9 511
9 511
9 511
9 511
Free-cash
128 355
130 139
108 089
136 019

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
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.
₽2356
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
₽41525
₽41841
₽44735
₽36121
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
-
-
-
147 000
income
-
-
-
23 674
other
-
-
-
4 557
health
-
-
-
6 483
social contributions
-
-
-
4 189
pensions
-
-
-
25 397
surtax
-
-
-
-
total
-
-
-
64 300
Employee
49 231
-
113 430
-
pensions
5 568
-
8 028
-
income
4 296
-
22 364
-
social contributions
1 402
-
3 232
-
surtax
-
-
-
-
total
11 266
-
33 624
-
Employer
49 231
-
113 430
-
health
3 446
-
10 662
-
social contributions
148
-
340
-
pensions
8 089
-
13 490
-
unemployment
1 994
-
4 594
-
other
1 699
-
4 484
-
total
15 376
-
33 570
-
Corporate
82 393
147 000
-
-
income
23 070
41 161
-
-
surtax
-
-
-
-
total
23 070
41 161
-
-
Dividends
59 323
105 839
-
-
social contributions
10 204
18 206
-
-
surtax
-
-
-
-
withholding
7 594
13 547
-
-
total
17 798
31 753
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 510
72 914
67 194
64 300
After tax
79 490
74 086
79 806
82 700
Living cost
37 965
37 965
37 965
37 965
Free-cash
41 525
36 121
41 841
44 735

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽8644
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
₽88799
₽78079
₽78077
₽92654
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.

-
-
-
147 000
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
33 476
health
-
-
-
5 966
total
-
-
-
55 370
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.

20 437
-
136 633
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
33 476
-
total
6 884
-
45 001
-
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.

20 437
-
136 633
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
122 904
147 000
-
-
income
18 436
22 050
-
-
total
18 436
22 050
-
-
Dividends
104 469
124 950
-
-
withholding
15 670
18 743
-
-
total
15 670
18 743
-
-
Income
147 000
147 000
147 000
147 000
Total tax
44 648
40 793
55 368
55 370
After tax
102 352
106 207
91 632
91 630
Living cost
13 553
13 553
13 553
13 553
Free-cash
88 799
92 654
78 079
78 077

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽2987
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
₽36640
₽57957
₽63721
₽13769
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
-
-
-
147 000
pensions
-
-
-
13 523
city
-
-
-
1 550
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.

-
-
-
2 941
health
-
-
-
331
regional
-
-
-
8 006
national
-
-
-
3 478
total
-
-
-
29 829
Employee
62 550
-
132 074
-
health
141
-
297
-
unemployment
-
-
-
-
city
671
-
1 425
-
pensions
5 255
-
10 536
-
regional
2 048
-
7 069
-
national
296
-
2 792
-
total
8 411
-
22 119
-
Employer
62 550
-
132 074
-
health
141
-
297
-
pensions
5 255
-
10 536
-
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.

1 251
-
2 641
-
total
6 647
-
13 474
-
Corporate
77 115
147 000
-
-
regional
16 310
31 091
-
-
national
6 555
12 495
-
-
total
22 865
43 586
-
-
Dividends
54 250
103 414
-
-
withholding
18 987
36 195
-
-
total
18 987
36 195
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 910
79 781
35 593
29 829
After tax
90 090
67 219
111 407
117 171
Living cost
53 450
53 450
53 450
53 450
Free-cash
36 640
13 769
57 957
63 721

Estimated living cost  is ₽53450 per week

₽34758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
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.
₽13239
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
₽63584
₽46393
₽63396
₽61404
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

-
-
-
147 000
municipal
-
-
-
26 111
health
-
-
-
1 936
national
-
-
-
25 379
total
-
-
-
53 426
Employee
41 355
-
123 665
-
health
309
-
1 577
-
unemployment
621
-
1 856
-
pensions
2 791
-
8 347
-
national
683
-
15 174
-
municipal
6 774
-
20 139
-
total
11 178
-
47 093
-
Employer
41 355
-
123 665
-
health
318
-
952
-
pensions
7 175
-
21 456
-
accident
42
-
124
-
unemployment
268
-
804
-
total
7 803
-
23 336
-
Corporate
97 842
147 000
-
-
income
19 569
29 401
-
-
total
19 569
29 401
-
-
Dividends

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

58 705
88 200
-
-
municipal
10 567
15 876
-
-
national
4 121
10 141
-
-
total
14 688
26 017
-
-
Income
147 000
147 000
147 000
147 000
Total tax
53 238
55 418
70 429
53 426
After tax
93 762
91 582
76 571
93 574
Living cost
30 178
30 178
30 178
30 178
Free-cash
63 584
61 404
46 393
63 396

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽7084
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
₽41745
₽22617
₽35125
₽53534
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
-
-
-
147 000
communal

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

-
-
-
7 645
social contributions
-
-
-
19 597
national
-
-
-
55 973
total
-
-
-
83 215
Employee

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

56 226
-
113 855
-
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.

2 642
-
5 352
-
communal

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

2 933
-
5 938
-
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.

489
-
990
-
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.

4 217
-
8 540
-
national
17 286
-
41 759
-
total
27 567
-
62 579
-
Employer

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

56 226
-
113 855
-
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.

3 458
-
7 002
-
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.

4 982
-
10 088
-
surtax
6 375
-
12 912
-
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.

731
-
1 480
-
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.

820
-
1 662
-
total
16 366
-
33 144
-
Corporate
74 408
147 000
-
-
income
14 882
29 401
-
-
surtax
298
588
-
-
total
15 180
29 989
-
-
Dividends
59 227
117 012
-
-
withholding

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

17 482
34 817
-
-
total
17 482
34 817
-
-
Income
147 000
147 000
147 000
147 000
Total tax
76 595
64 806
95 723
83 215
After tax
70 405
82 194
51 277
63 785
Living cost
28 660
28 660
28 660
28 660
Free-cash
41 745
53 534
22 617
35 125

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽7245
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
₽45405
₽40781
₽41608
₽46170
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
-
-
-
147 000
unemployment
-
-
-
75
municipal
-
-
-
37 381
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
12 274
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
71 300
Employee
48 578
-
123 524
-
national
-
-
11 816
-
municipal
14 486
-
36 835
-
total
14 486
-
48 651
-
Employer
48 578
-
123 524
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
83 158
147 000
-
-
income
18 295
32 340
-
-
total
18 295
32 340
-
-
Dividends
64 864
114 660
-
-
withholding
19 459
34 398
-
-
total
19 459
34 398
-
-
Income
147 000
147 000
147 000
147 000
Total tax
67 503
66 738
72 127
71 300
After tax
79 497
80 262
74 873
75 700
Living cost
34 092
34 092
34 092
34 092
Free-cash
45 405
46 170
40 781
41 608

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
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.
₽7634
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
₽9546
₽97415
₽63590
₽51436
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
-
-
-
147 000
income
-
-
-
28 653
social contributions
-
-
-
16 758
total
-
-
-
45 411
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
15 692
147 000
-
-
income
3 452
32 340
-
-
total
3 452
32 340
-
-
Dividends
12 239
114 660
-
-
income
2 693
25 225
-
-
total
2 693
25 225
-
-
Income
147 000
147 000
147 000
147 000
Total tax
99 455
57 565
11 586
45 411
After tax
47 545
89 435
135 414
101 589
Living cost
37 999
37 999
37 999
37 999
Free-cash
9 546
51 436
97 415
63 590

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
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.
₽9286
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
₽78454
₽73282
₽74552
₽81716
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
-
-
-
147 000
income
-
-
-
30 486
health
-
-
-
3 749
social contributions
-
-
-
12 718
total
-
-
-
46 953
Employee
60 443
60 443
137 686
-
health
601
1 028
2 340
-
income
6 347
5 595
29 803
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
38 909
-
Employer
60 443
60 443
137 686
-
health
655
1 119
2 548
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
9 314
-
Corporate
108 028
80 422
-
-
income
13 504
10 052
-
-
total
13 504
10 052
-
-
Dividends
94 524
70 370
-
-
withholding
16 070
11 963
-
-
total
16 070
11 963
-
-
Income
147 000
147 000
147 000
147 000
Total tax
43 051
39 789
48 223
46 953
After tax
103 949
107 211
98 777
100 047
Living cost
25 495
25 495
25 495
25 495
Free-cash
78 454
81 716
73 282
74 552

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5647
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
₽71082
₽55036
₽68270
₽66583
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
-
-
-
147 000
income
-
-
-
43 411
pensions
-
-
-
7 098
total
-
-
-
50 509
Employee
38 737
-
128 291
-
health
505
-
1 809
-
pensions
2 957
-
8 636
-
income
7 054
-
34 589
-
total
10 516
-
45 034
-
Employer
38 737
-
128 291
-
health
736
-
2 438
-
pensions
3 914
-
16 271
-
total
4 650
-
18 709
-
Corporate
103 613
147 000
-
-
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.

19 686
27 930
-
-
total
19 686
27 930
-
-
Dividends
83 927
119 070
-
-
withholding
12 845
24 266
-
-
total
12 845
24 266
-
-
Income
147 000
147 000
147 000
147 000
Total tax
47 697
52 196
63 743
50 509
After tax
99 303
94 804
83 257
96 491
Living cost
28 221
28 221
28 221
28 221
Free-cash
71 082
66 583
55 036
68 270

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5912
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
₽42541
₽30248
₽36700
₽46115
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
-
-
-
147 000
municipal
-
-
-
983
regional
-
-
-
3 376
social contributions
-
-
-
37 809
national
-
-
-
36 818
total
-
-
-
78 986
Employee
66 236
-
147 000
-
social contributions
22 335
-
49 568
-
regional
1 000
-
2 996
-
national
11 193
-
31 997
-
municipal
395
-
877
-
total
34 923
-
85 438
-
Employer
66 236
-
147 000
-
total
-
-
-
-
Corporate
80 764
147 000
-
-
nationa
19 383
35 281
-
-
municipal
3 893
7 085
-
-
total
23 276
42 366
-
-
Dividends
57 488
104 634
-
-
withholding
14 946
27 205
-
-
total
14 946
27 205
-
-
Income
147 000
147 000
147 000
147 000
Total tax
73 145
69 571
85 438
78 986
After tax
73 855
77 429
61 562
68 014
Living cost
31 314
31 314
31 314
31 314
Free-cash
42 541
46 115
30 248
36 700

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6690
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
₽9331
₽63502
₽83657
-₽4880
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
-
-
-
147 000
pensions
-
-
-
3 175
income
-
-
-
41 241
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
46 556
Employee
26 407
-
133 109
-
health
3 024
-
15 241
-
pensions
2 974
-
5 822
-
income
3 623
-
31 757
-
total
9 621
-
52 820
-
Employer
26 407
-
133 109
-
pensions
4 294
-
8 407
-
accident
441
-
2 223
-
unemployment
647
-
3 261
-
total
5 382
-
13 891
-
Corporate
115 211
147 000
-
-
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.

103 690
132 300
-
-
total
103 690
132 300
-
-
Dividends
11 521
14 700
-
-
withholding
2 189
2 793
-
-
total
2 189
2 793
-
-
Income
147 000
147 000
147 000
147 000
Total tax
120 882
135 093
66 711
46 556
After tax
26 118
11 907
80 289
100 444
Living cost
16 787
16 787
16 787
16 787
Free-cash
9 331
-4 880
63 502
83 657

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽3204
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
₽55575
₽62346
₽46496
₽45291
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.

-
-
-
147 000
trade
-
-
-
15 850
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.

-
-
-
46 386
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.

-
-
-
5 370
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.

-
-
-
2 551
total
-
-
-
70 157
Employee

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

39 110
-
147 000
-
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.

5 370
-
5 370
-
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.

3 216
-
46 386
-
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
-
2 551
-
total
8 764
-
54 307
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
107 890
147 000
-
-
income
16 183
22 050
-
-
trade
15 482
21 095
-
-
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.

891
1 213
-
-
chamber of commerce
277
336
-
-
total
32 833
44 694
-
-
Dividends
75 057
102 307
-
-
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.

1 016
1 390
-
-
withholding
18 465
25 278
-
-
total
19 481
26 668
-
-
Income
147 000
147 000
147 000
147 000
Total tax
61 078
71 362
54 307
70 157
After tax
85 922
75 638
92 693
76 843
Living cost
30 347
30 347
30 347
30 347
Free-cash
55 575
45 291
62 346
46 496

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
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.
₽5707
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
₽94799
₽45988
₽35109
₽101246
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.

-
-
-
147 000
income
-
-
-
27 937
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.

-
-
-
30 116
surtax
-
-
-
37 485
total
-
-
-
95 538
Employee
22 968
-
112 101
-
income
4 089
-
23 201
-
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.

2 527
-
10 304
-
surtax
-
-
16 255
-
total
6 616
-
49 760
-
Employer
22 968
-
112 101
-
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.

5 533
-
22 567
-
surtax
-
-
12 332
-
total
5 533
-
34 899
-
Corporate
118 499
147 000
-
-
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%.

23 699
29 401
-
-
total
23 699
29 401
-
-
Dividends

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

94 800
117 599
-
-
total
-
-
-
-
Income
147 000
147 000
147 000
147 000
Total tax
35 848
29 401
84 659
95 538
After tax
111 152
117 599
62 341
51 462
Living cost
16 353
16 353
16 353
16 353
Free-cash
94 799
101 246
45 988
35 109

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
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.
₽3992
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
₽80349
₽79342
₽80038
₽81955
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
-
-
-
147 000
income
-
-
-
44 893
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
57 189
Employee
14 885
-
138 981
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
44 518
-
total
5 112
-
49 865
-
Employer
14 885
-
138 981
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
128 766
147 000
-
-
income
28 329
32 340
-
-
total
28 329
32 340
-
-
Dividends
100 438
114 660
-
-
withholding
20 088
22 932
-
-
total
20 088
22 932
-
-
Income
147 000
147 000
147 000
147 000
Total tax
56 878
55 272
57 885
57 189
After tax
90 122
91 728
89 115
89 811
Living cost
9 773
9 773
9 773
9 773
Free-cash
80 349
81 955
79 342
80 038

Estimated living cost  is ₽9773 per week

₽5807
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.
₽2949
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
₽72308
₽46989
₽51795
₽74807
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
-
-
-
147 000
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
42 238
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
6 703
total
-
-
-
77 550
Employee
26 471
-
124 918
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
37 536
-
other
-
-
-
-
surtax
94
-
5 764
-
total
8 816
-
60 274
-
Employer
26 471
-
124 918
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
114 956
147 000
-
-
income
29 888
38 221
-
-
total
29 888
38 221
-
-
Dividends
85 068
108 779
-
-
withholding
12 760
16 317
-
-
total
12 760
16 317
-
-
Income
147 000
147 000
147 000
147 000
Total tax
57 037
54 538
82 356
77 550
After tax
89 963
92 462
64 644
69 450
Living cost
17 655
17 655
17 655
17 655
Free-cash
72 308
74 807
46 989
51 795

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
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.
₽5052
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
₽55872
₽13816
₽50549
₽56260
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
-
-
-
147 000
pensions
-
-
-
16 988
chamber of commerce
-
-