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
₽ 148000
per

Your estimated
City
free-cash

Valencia , Spain
₽73520
₽58106
₽61396
₽76981
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
-
-
-
148 000
unemployment
-
-
-
509
income
-
-
-
43 261
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
65 053
Employee
28 978
-
124 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
40 571
-
other
28
-
73
-
total
7 426
-
45 185
-
Employer
28 978
-
124 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
109 783
148 000
-
-
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.

16 468
22 200
-
-
total
16 468
22 200
-
-
Dividends
93 315
125 800
-
-
withholding
19 797
27 268
-
-
total
19 797
27 268
-
-
Income
148 000
148 000
148 000
148 000
Total tax
52 929
49 468
68 343
65 053
After tax
95 071
98 532
79 657
82 947
Living cost
21 551
21 551
21 551
21 551
Free-cash
73 520
76 981
58 106
61 396

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽82560
₽62762
₽63803
₽87853
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
-
-
-
148 000
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.

-
-
-
28 602
income
-
-
-
23 808
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
63 314
Employee
28 456
-
118 208
-
health
399
-
1 655
-
unemployment
284
-
1 182
-
pensions

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

1 991
-
8 273
-
income
4 899
-
23 458
-
total
7 573
-
34 568
-
Employer
28 456
-
118 208
-
health
399
-
1 655
-
pensions

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

4 838
-
20 094
-
accident
228
-
946
-
unemployment
284
-
1 182
-
other
1 423
-
5 910
-
total
7 172
-
29 787
-
Corporate
112 373
148 000
-
-
income
23 598
31 080
-
-
total
23 598
31 080
-
-
Dividends
88 775
116 920
-
-
withholding
6 214
8 184
-
-
total
6 214
8 184
-
-
Income
148 000
148 000
148 000
148 000
Total tax
44 557
39 264
64 355
63 314
After tax
103 443
108 736
83 645
84 686
Living cost
20 883
20 883
20 883
20 883
Free-cash
82 560
87 853
62 762
63 803

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽112630
₽114136
₽108224
₽116269
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
-
-
-
148 000
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
22 200
health
-
-
-
3 147
total
-
-
-
29 506
Employee
13 600
-
142 632
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
14 263
-
total
3 330
-
18 226
-
Employer
13 600
-
142 632
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
131 732
148 000
-
-
income
13 173
14 800
-
-
total
13 173
14 800
-
-
Dividends
118 559
133 200
-
-
withholding
5 928
6 660
-
-
total
5 928
6 660
-
-
Income
148 000
148 000
148 000
148 000
Total tax
25 100
21 460
23 594
29 506
After tax
122 900
126 540
124 406
118 494
Living cost
10 270
10 270
10 270
10 270
Free-cash
112 630
116 269
114 136
108 224

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽52408
₽53385
₽56426
₽47779
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
-
-
-
148 000
income
-
-
-
23 944
other
-
-
-
4 588
health
-
-
-
6 569
social contributions
-
-
-
4 218
pensions
-
-
-
25 442
surtax
-
-
-
-
total
-
-
-
64 761
Employee
33 541
-
114 125
-
pensions
3 792
-
8 108
-
income
1 980
-
22 568
-
social contributions
956
-
3 251
-
surtax
-
-
-
-
total
6 728
-
33 927
-
Employer
33 541
-
114 125
-
health
2 348
-
10 764
-
social contributions
101
-
342
-
pensions
5 510
-
13 621
-
unemployment
1 358
-
4 622
-
other
1 157
-
4 526
-
total
10 474
-
33 875
-
Corporate
103 984
148 000
-
-
income
29 115
41 440
-
-
surtax
-
-
-
-
total
29 115
41 440
-
-
Dividends
74 869
106 560
-
-
social contributions
12 878
18 329
-
-
surtax
-
-
-
-
withholding
9 584
13 639
-
-
total
22 462
31 968
-
-
Income
148 000
148 000
148 000
148 000
Total tax
68 779
73 408
67 802
64 761
After tax
79 221
74 592
80 198
83 239
Living cost
26 813
26 813
26 813
26 813
Free-cash
52 408
47 779
53 385
56 426

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽35789
₽60716
₽48185
₽40591
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
-
-
-
148 000
pensions
-
-
-
9 182
income
-
-
-
48 138
health
-
-
-
9 664
total
-
-
-
66 984
Employee
66 925
66 925
133 436
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
21 042
-
total
33 274
28 874
39 888
-
Employer
66 925
66 925
133 436
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
70 176
69 355
-
-
income
14 035
13 871
-
-
total
14 035
13 871
-
-
Dividends
56 141
55 484
-
-
income
11 931
11 791
-
-
withholding
8 421
8 323
-
-
total
20 352
20 114
-
-
Income
148 000
148 000
148 000
148 000
Total tax
79 380
74 578
54 453
66 984
After tax
68 620
73 422
93 547
81 016
Living cost
32 831
32 831
32 831
32 831
Free-cash
35 789
40 591
60 716
48 185

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽59560
₽69479
₽51907
₽50893
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.

-
-
-
148 000
trade
-
-
-
17 572
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.

-
-
-
46 852
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 577
total
-
-
-
72 355
Employee

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

29 975
-
148 000
-
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.

5 354
-
5 354
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

837
-
46 852
-
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
-
2 577
-
total
6 237
-
54 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 025
148 000
-
-
income
17 704
22 200
-
-
trade
18 589
23 309
-
-
surtax

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

974
1 221
-
-
chamber of commerce
289
332
-
-
total
37 556
47 062
-
-
Dividends
80 469
100 938
-
-
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.

1 090
1 371
-
-
withholding
19 819
24 936
-
-
total
20 909
26 307
-
-
Income
148 000
148 000
148 000
148 000
Total tax
64 702
73 369
54 783
72 355
After tax
83 298
74 631
93 217
75 645
Living cost
23 738
23 738
23 738
23 738
Free-cash
59 560
50 893
69 479
51 907

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₽85525
₽81241
₽82515
₽89790
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
-
-
-
148 000
income
-
-
-
30 885
health
-
-
-
3 775
social contributions
-
-
-
12 680
total
-
-
-
47 340
Employee
60 263
60 263
138 688
-
health
467
1 025
2 357
-
income
6 562
5 579
30 200
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
39 303
-
Employer
60 263
60 263
138 688
-
health
507
1 115
2 565
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 311
-
Corporate
117 762
81 620
-
-
income
14 721
10 202
-
-
total
14 721
10 202
-
-
Dividends
103 042
71 417
-
-
withholding
17 517
12 140
-
-
total
17 517
12 140
-
-
Income
148 000
148 000
148 000
148 000
Total tax
44 330
40 065
48 614
47 340
After tax
103 670
107 935
99 386
100 660
Living cost
18 145
18 145
18 145
18 145
Free-cash
85 525
89 790
81 241
82 515

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽58811
₽42818
₽54041
₽59601
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.

-
-
-
148 000
income
-
-
-
17 947
social contributions

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

-
-
-
51 430
surtax
-
-
-
-
total
-
-
-
69 377
Employee
36 044
-
119 595
-
income
7 497
-
39 039
-
social contributions
3 965
-
13 156
-
surtax
-
-
-
-
total
11 462
-
52 195
-
Employer
36 044
-
119 595
-
social contributions
8 560
-
28 405
-
total
8 560
-
28 405
-
Corporate
103 395
148 000
-
-
income
21 714
31 080
-
-
surtax
-
-
-
-
total
21 714
31 080
-
-
Dividends
81 682
116 920
-
-
withholding
22 871
32 737
-
-
total
22 871
32 737
-
-
Income
148 000
148 000
148 000
148 000
Total tax
64 607
63 817
80 600
69 377
After tax
83 393
84 183
67 400
78 623
Living cost
24 582
24 582
24 582
24 582
Free-cash
58 811
59 601
42 818
54 041

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽133388
₽112326
₽140446
₽134526
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%.

-
-
-
148 000
microenterprise

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

-
-
-
1 480
total
-
-
-
1 480
Employee
7 592
-
148 000
-
income
1 518
-
29 600
-
total
1 518
-
29 600
-
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%.

140 408
148 000
-
-
total
-
-
-
-
Dividends
140 408
148 000
-
-
withholding
7 020
7 400
-
-
total
7 020
7 400
-
-
Income
148 000
148 000
148 000
148 000
Total tax
8 538
7 400
29 600
1 480
After tax
139 462
140 600
118 400
146 520
Living cost
6 074
6 074
6 074
6 074
Free-cash
133 388
134 526
112 326
140 446

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽74322
₽46837
₽50677
₽80876
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.

-
-
-
148 000
pensions
-
-
-
27 029
unemployment
-
-
-
222
income
-
-
-
34 488
health
-
-
-
14 563
total
-
-
-
76 302
Employee

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

34 656
-
128 061
-
health
2 238
-
8 272
-
unemployment
49
-
180
-
pensions
5 372
-
19 850
-
income
5 976
-
31 901
-
total
13 635
-
60 203
-
Employer

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

34 656
-
128 061
-
health
2 308
-
8 529
-
pensions
3 067
-
11 333
-
unemployment
21
-
77
-
total
5 396
-
19 939
-
Corporate
107 949
148 000
-
-
income
20 510
28 121
-
-
total
20 510
28 121
-
-
Dividends
87 438
119 879
-
-
withholding
13 116
17 982
-
-
total
13 116
17 982
-
-
Income
148 000
148 000
148 000
148 000
Total tax
52 657
46 103
80 142
76 302
After tax
95 343
101 897
67 858
71 698
Living cost
21 021
21 021
21 021
21 021
Free-cash
74 322
80 876
46 837
50 677

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽66350
₽76175
₽92288
₽63611
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.

-
-
-
148 000
income
-
-
-
22 308
health

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

-
-
-
4 955
total
-
-
-
27 263
Employee
35 952
-
144 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
36 166
-
total
7 503
-
39 771
-
Employer
35 952
-
144 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
108 446
148 000
-
-
income
37 956
51 800
-
-
total
37 956
51 800
-
-
Dividends
70 491
96 200
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
148 000
148 000
148 000
148 000
Total tax
53 201
55 940
43 376
27 263
After tax
94 799
92 060
104 624
120 737
Living cost
28 449
28 449
28 449
28 449
Free-cash
66 350
63 611
76 175
92 288

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽74081
₽75083
₽78428
₽73676
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
-
-
-
148 000
income
-
-
-
22 200
health
-
-
-
10 330
social contributions
-
-
-
20 424
total
-
-
-
52 954
Employee
26 572
-
148 000
-
health
1 855
-
10 330
-
income
4 432
-
25 545
-
social contributions
3 668
-
20 424
-
total
9 955
-
56 299
-
Employer
26 572
-
148 000
-
total
-
-
-
-
Corporate
121 428
148 000
-
-
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%.

6 071
7 400
-
-
total
6 071
7 400
-
-
Dividends
115 357
140 600
-
-
social contributions
15 919
19 402
-
-
withholding
17 304
21 090
-
-
health
8 052
9 814
-
-
total
41 275
50 306
-
-
Income
148 000
148 000
148 000
148 000
Total tax
57 301
57 706
56 299
52 954
After tax
90 699
90 294
91 701
95 046
Living cost
16 618
16 618
16 618
16 618
Free-cash
74 081
73 676
75 083
78 428

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽72136
₽57792
₽64079
₽79961
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
-
-
-
148 000
income
-
-
-
15 360
health
-
-
-
19 980
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
1 027
total
-
-
-
61 984
Employee
32 261
-
115 658
-
health
4 355
-
15 614
-
solidarity contribution
-
-
463
-
income
3 871
-
14 151
-
social contributions
2 097
-
5 702
-
total
10 323
-
35 930
-
Employer
32 261
-
115 658
-
health
2 903
-
10 409
-
social contributions
8 065
-
21 932
-
total
10 968
-
32 341
-
Corporate
104 771
148 000
-
-
income
19 906
28 120
-
-
total
19 906
28 120
-
-
Dividends
84 864
119 880
-
-
withholding
12 730
17 982
-
-
total
12 730
17 982
-
-
Income
148 000
148 000
148 000
148 000
Total tax
53 927
46 102
68 271
61 984
After tax
94 073
101 898
79 729
86 016
Living cost
21 937
21 937
21 937
21 937
Free-cash
72 136
79 961
57 792
64 079

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽129361
₽108935
₽137055
₽131135
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%.

-
-
-
148 000
microenterprise

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

-
-
-
1 480
total
-
-
-
1 480
Employee
11 832
-
148 000
-
income
2 366
-
29 600
-
total
2 366
-
29 600
-
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%.

136 168
148 000
-
-
total
-
-
-
-
Dividends
136 168
148 000
-
-
withholding
6 808
7 400
-
-
total
6 808
7 400
-
-
Income
148 000
148 000
148 000
148 000
Total tax
9 174
7 400
29 600
1 480
After tax
138 826
140 600
118 400
146 520
Living cost
9 465
9 465
9 465
9 465
Free-cash
129 361
131 135
108 935
137 055

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₽42128
₽42346
₽45387
₽36740
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
-
-
-
148 000
income
-
-
-
23 944
other
-
-
-
4 588
health
-
-
-
6 569
social contributions
-
-
-
4 218
pensions
-
-
-
25 442
surtax
-
-
-
-
total
-
-
-
64 761
Employee
49 085
-
114 125
-
pensions
5 552
-
8 108
-
income
4 283
-
22 568
-
social contributions
1 398
-
3 251
-
surtax
-
-
-
-
total
11 233
-
33 927
-
Employer
49 085
-
114 125
-
health
3 435
-
10 764
-
social contributions
147
-
342
-
pensions
8 065
-
13 621
-
unemployment
1 988
-
4 622
-
other
1 694
-
4 526
-
total
15 329
-
33 875
-
Corporate
83 585
148 000
-
-
income
23 403
41 440
-
-
surtax
-
-
-
-
total
23 403
41 440
-
-
Dividends
60 182
106 560
-
-
social contributions
10 351
18 329
-
-
surtax
-
-
-
-
withholding
7 704
13 639
-
-
total
18 055
31 968
-
-
Income
148 000
148 000
148 000
148 000
Total tax
68 020
73 408
67 802
64 761
After tax
79 980
74 592
80 198
83 239
Living cost
37 852
37 852
37 852
37 852
Free-cash
42 128
36 740
42 346
45 387

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽89573
₽78925
₽78925
₽93418
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.

-
-
-
148 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
33 736
health
-
-
-
5 948
total
-
-
-
55 563
Employee

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

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

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

20 376
-
137 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
33 736
-
total
6 864
-
45 227
-
Employer

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

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

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

20 376
-
137 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
123 977
148 000
-
-
income
18 597
22 200
-
-
total
18 597
22 200
-
-
Dividends
105 381
125 800
-
-
withholding
15 807
18 870
-
-
total
15 807
18 870
-
-
Income
148 000
148 000
148 000
148 000
Total tax
44 915
41 070
55 563
55 563
After tax
103 085
106 930
92 437
92 437
Living cost
13 512
13 512
13 512
13 512
Free-cash
89 573
93 418
78 925
78 925

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽37189
₽58849
₽64591
₽14388
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
-
-
-
148 000
pensions
-
-
-
13 617
city
-
-
-
1 560
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.

-
-
-
2 960
health
-
-
-
333
regional
-
-
-
8 097
national
-
-
-
3 553
total
-
-
-
30 120
Employee
62 361
-
133 006
-
health
141
-
300
-
unemployment
-
-
-
-
city
669
-
1 436
-
pensions
5 239
-
10 570
-
regional
2 042
-
7 159
-
national
295
-
2 866
-
total
8 386
-
22 331
-
Employer
62 361
-
133 006
-
health
141
-
300
-
pensions
5 239
-
10 570
-
unemployment
-
-
-
-
other

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

1 247
-
2 661
-
total
6 627
-
13 531
-
Corporate
78 326
148 000
-
-
regional
16 566
31 302
-
-
national
6 657
12 581
-
-
total
23 223
43 883
-
-
Dividends
55 103
104 117
-
-
withholding
19 286
36 440
-
-
total
19 286
36 440
-
-
Income
148 000
148 000
148 000
148 000
Total tax
57 522
80 323
35 862
30 120
After tax
90 478
67 677
112 138
117 880
Living cost
53 289
53 289
53 289
53 289
Free-cash
37 189
14 388
58 849
64 591

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₽64239
₽46918
₽63923
₽62034
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

-
-
-
148 000
municipal
-
-
-
26 288
health
-
-
-
1 953
national
-
-
-
25 747
total
-
-
-
53 988
Employee
41 232
-
124 505
-
health
308
-
1 590
-
unemployment
619
-
1 868
-
pensions
2 783
-
8 404
-
national
681
-
15 361
-
municipal
6 754
-
20 275
-
total
11 145
-
47 498
-
Employer
41 232
-
124 505
-
health
317
-
959
-
pensions
7 154
-
21 602
-
accident
42
-
125
-
unemployment
268
-
809
-
total
7 781
-
23 495
-
Corporate
98 988
148 000
-
-
income
19 798
29 600
-
-
total
19 798
29 600
-
-
Dividends

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

59 392
88 800
-
-
municipal
10 690
15 983
-
-
national
4 258
10 294
-
-
total
14 948
26 277
-
-
Income
148 000
148 000
148 000
148 000
Total tax
53 672
55 877
70 993
53 988
After tax
94 328
92 123
77 007
94 012
Living cost
30 089
30 089
30 089
30 089
Free-cash
64 239
62 034
46 918
63 923

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₽42422
₽22977
₽35653
₽54176
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
-
-
-
148 000
communal

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

-
-
-
7 708
social contributions
-
-
-
19 539
national
-
-
-
56 525
total
-
-
-
83 772
Employee

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

56 059
-
114 633
-
health

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

2 634
-
5 387
-
communal

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

2 924
-
5 979
-
unemployment

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

488
-
998
-
pensions

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

4 204
-
8 598
-
national
17 235
-
42 120
-
total
27 485
-
63 082
-
Employer

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

56 059
-
114 633
-
health

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

3 447
-
7 049
-
pensions

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

4 967
-
10 156
-
surtax
6 356
-
12 998
-
accident

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

729
-
1 490
-
unemployment

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

818
-
1 673
-
total
16 317
-
33 366
-
Corporate
75 623
148 000
-
-
income
15 125
29 600
-
-
surtax
302
592
-
-
total
15 427
30 192
-
-
Dividends
60 196
117 808
-
-
withholding

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

17 774
35 057
-
-
total
17 774
35 057
-
-
Income
148 000
148 000
148 000
148 000
Total tax
77 003
65 249
96 448
83 772
After tax
70 997
82 751
51 552
64 228
Living cost
28 575
28 575
28 575
28 575
Free-cash
42 422
54 176
22 977
35 653

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽46032
₽41293
₽42118
₽46796
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
-
-
-
148 000
unemployment
-
-
-
75
municipal
-
-
-
37 694
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
12 581
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
71 870
Employee
48 465
-
124 578
-
national
-
-
12 124
-
municipal
14 452
-
37 149
-
total
14 452
-
49 273
-
Employer
48 465
-
124 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
84 308
148 000
-
-
income
18 548
32 560
-
-
total
18 548
32 560
-
-
Dividends
65 760
115 440
-
-
withholding
19 728
34 632
-
-
total
19 728
34 632
-
-
Income
148 000
148 000
148 000
148 000
Total tax
67 956
67 192
72 694
71 870
After tax
80 044
80 808
75 306
76 130
Living cost
34 012
34 012
34 012
34 012
Free-cash
46 032
46 796
41 293
42 118

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽10411
₽98574
₽64403
₽52166
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
-
-
-
148 000
income
-
-
-
28 848
social contributions
-
-
-
16 872
total
-
-
-
45 720
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
17 112
148 000
-
-
income
3 765
32 560
-
-
total
3 765
32 560
-
-
Dividends
13 347
115 440
-
-
income
2 936
25 397
-
-
total
2 936
25 397
-
-
Income
148 000
148 000
148 000
148 000
Total tax
99 712
57 957
11 549
45 720
After tax
48 288
90 043
136 451
102 280
Living cost
37 877
37 877
37 877
37 877
Free-cash
10 411
52 166
98 574
64 403

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽79268
₽73967
₽75241
₽82516
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
-
-
-
148 000
income
-
-
-
30 885
health
-
-
-
3 775
social contributions
-
-
-
12 680
total
-
-
-
47 340
Employee
60 263
60 263
138 688
-
health
599
1 025
2 357
-
income
6 328
5 579
30 200
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
39 303
-
Employer
60 263
60 263
138 688
-
health
653
1 115
2 565
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 311
-
Corporate
109 143
81 620
-
-
income
13 642
10 202
-
-
total
13 642
10 202
-
-
Dividends
95 501
71 417
-
-
withholding
16 235
12 140
-
-
total
16 235
12 140
-
-
Income
148 000
148 000
148 000
148 000
Total tax
43 313
40 065
48 614
47 340
After tax
104 687
107 935
99 386
100 660
Living cost
25 419
25 419
25 419
25 419
Free-cash
79 268
82 516
73 967
75 241

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽71656
₽55596
₽68912
₽67172
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
-
-
-
148 000
income
-
-
-
43 845
pensions
-
-
-
7 107
total
-
-
-
50 952
Employee
38 621
-
129 151
-
health
504
-
1 815
-
pensions
2 948
-
8 635
-
income
7 033
-
34 969
-
total
10 485
-
45 419
-
Employer
38 621
-
129 151
-
health
734
-
2 454
-
pensions
3 902
-
16 395
-
total
4 636
-
18 849
-
Corporate
104 743
148 000
-
-
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.

19 902
28 119
-
-
total
19 902
28 119
-
-
Dividends
84 842
119 881
-
-
withholding
13 185
24 573
-
-
total
13 185
24 573
-
-
Income
148 000
148 000
148 000
148 000
Total tax
48 208
52 692
64 268
50 952
After tax
99 792
95 308
83 732
97 048
Living cost
28 136
28 136
28 136
28 136
Free-cash
71 656
67 172
55 596
68 912

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₽43172
₽30681
₽37176
₽46736
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
-
-
-
148 000
municipal
-
-
-
989
regional
-
-
-
3 401
social contributions
-
-
-
38 066
national
-
-
-
37 147
total
-
-
-
79 603
Employee
66 040
-
148 000
-
social contributions
22 268
-
49 905
-
regional
997
-
3 018
-
national
11 160
-
32 292
-
municipal
394
-
883
-
total
34 819
-
86 098
-
Employer
66 040
-
148 000
-
total
-
-
-
-
Corporate
81 960
148 000
-
-
nationa
19 670
35 519
-
-
municipal
3 950
7 134
-
-
total
23 620
42 653
-
-
Dividends
58 340
105 346
-
-
withholding
15 168
27 390
-
-
total
15 168
27 390
-
-
Income
148 000
148 000
148 000
148 000
Total tax
73 607
70 043
86 098
79 603
After tax
74 393
77 957
61 902
68 397
Living cost
31 221
31 221
31 221
31 221
Free-cash
43 172
46 736
30 681
37 176

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽9419
₽64146
₽84386
-₽4749
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
-
-
-
148 000
pensions
-
-
-
3 165
income
-
-
-
41 579
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
46 877
Employee
26 328
-
134 094
-
health
3 015
-
15 354
-
pensions
2 965
-
5 804
-
income
3 612
-
32 054
-
total
9 592
-
53 212
-
Employer
26 328
-
134 094
-
pensions
4 281
-
8 381
-
accident
440
-
2 239
-
unemployment
645
-
3 285
-
total
5 366
-
13 905
-
Corporate
116 307
148 000
-
-
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.

104 676
133 200
-
-
total
104 676
133 200
-
-
Dividends
11 631
14 800
-
-
withholding
2 210
2 812
-
-
total
2 210
2 812
-
-
Income
148 000
148 000
148 000
148 000
Total tax
121 844
136 012
67 117
46 877
After tax
26 156
11 988
80 883
101 123
Living cost
16 737
16 737
16 737
16 737
Free-cash
9 419
-4 749
64 146
84 386

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₽56148
₽62960
₽46951
₽45895
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.

-
-
-
148 000
trade
-
-
-
16 009
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.

-
-
-
46 852
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 577
total
-
-
-
70 792
Employee

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

38 994
-
148 000
-
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.

5 354
-
5 354
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 206
-
46 852
-
surtax

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

177
-
2 577
-
total
8 737
-
54 783
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
109 006
148 000
-
-
income
16 351
22 200
-
-
trade
15 643
21 238
-
-
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.

900
1 221
-
-
chamber of commerce
278
336
-
-
total
33 172
44 995
-
-
Dividends
75 835
103 005
-
-
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.

1 026
1 399
-
-
withholding
18 660
25 454
-
-
total
19 686
26 853
-
-
Income
148 000
148 000
148 000
148 000
Total tax
61 595
71 848
54 783
70 792
After tax
86 405
76 152
93 217
77 208
Living cost
30 257
30 257
30 257
30 257
Free-cash
56 148
45 895
62 960
46 951

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₽95669
₽46554
₽35623
₽102096
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.

-
-
-
148 000
income
-
-
-
28 306
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
37 740
total
-
-
-
96 073
Employee
22 900
-
113 062
-
income
4 076
-
23 538
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
16 394
-
total
6 595
-
50 206
-
Employer
22 900
-
113 062
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
12 436
-
total
5 516
-
34 936
-
Corporate
119 584
148 000
-
-
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%.

23 916
29 600
-
-
total
23 916
29 600
-
-
Dividends

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

95 667
118 400
-
-
total
-
-
-
-
Income
148 000
148 000
148 000
148 000
Total tax
36 027
29 600
85 142
96 073
After tax
111 973
118 400
62 858
51 927
Living cost
16 304
16 304
16 304
16 304
Free-cash
95 669
102 096
46 554
35 623

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽81008
₽80042
₽80736
₽82609
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
-
-
-
148 000
income
-
-
-
45 262
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
57 521
Employee
14 840
-
140 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
44 889
-
total
5 097
-
50 219
-
Employer
14 840
-
140 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
129 821
148 000
-
-
income
28 561
32 560
-
-
total
28 561
32 560
-
-
Dividends
101 260
115 440
-
-
withholding
20 252
23 088
-
-
total
20 252
23 088
-
-
Income
148 000
148 000
148 000
148 000
Total tax
57 249
55 648
58 215
57 521
After tax
90 751
92 352
89 785
90 479
Living cost
9 743
9 743
9 743
9 743
Free-cash
81 008
82 609
80 042
80 736

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽72995
₽47508
₽52302
₽75488
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
-
-
-
148 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
42 759
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
6 813
total
-
-
-
78 095
Employee
26 392
-
125 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
38 072
-
other
-
-
-
-
surtax
94
-
5 876
-
total
8 791
-
60 872
-
Employer
26 392
-
125 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
116 051
148 000
-
-
income
30 173
38 481
-
-
total
30 173
38 481
-
-
Dividends
85 878
109 519
-
-
withholding
12 882
16 428
-
-
total
12 882
16 428
-
-
Income
148 000
148 000
148 000
148 000
Total tax
57 402
54 909
82 889
78 095
After tax
90 598
93 091
65 111
69 905
Living cost
17 603
17 603
17 603
17 603
Free-cash
72 995
75 488
47 508
52 302

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽56486
₽14134
₽51140
₽56874
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
-
-
-
148 000
pensions
-
-
-
16 938
chamber of commerce
-
-