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
₽ 150500
per

Your estimated
City
free-cash

Valencia , Spain
₽74989
₽59316
₽62627
₽78473
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
-
-
-
150 500
unemployment
-
-
-
512
income
-
-
-
44 219
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 704
total
-
-
-
66 167
Employee
29 186
-
127 176
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
41 509
-
other
28
-
73
-
total
7 479
-
46 155
-
Employer
29 186
-
127 176
-
pensions
6 887
-
17 266
-
accident
578
-
1 448
-
unemployment
1 606
-
4 023
-
other
234
-
586
-
total
9 305
-
23 323
-
Corporate
112 009
150 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

16 801
22 575
-
-
total
16 801
22 575
-
-
Dividends
95 208
127 925
-
-
withholding
20 220
27 746
-
-
total
20 220
27 746
-
-
Income
150 500
150 500
150 500
150 500
Total tax
53 805
50 321
69 478
66 167
After tax
96 695
100 179
81 022
84 333
Living cost
21 706
21 706
21 706
21 706
Free-cash
74 989
78 473
59 316
62 627

Estimated living cost  is ₽21706 per week

₽14651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽84209
₽64032
₽65339
₽89541
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
-
-
-
150 500
pensions

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

-
-
-
28 808
income
-
-
-
24 337
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
64 128
Employee
28 660
-
120 251
-
health
401
-
1 681
-
unemployment
286
-
1 200
-
pensions

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

2 006
-
8 402
-
income
4 934
-
23 902
-
total
7 627
-
35 185
-
Employer
28 660
-
120 251
-
health
401
-
1 681
-
pensions

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

4 873
-
20 406
-
accident
229
-
962
-
unemployment
286
-
1 200
-
other
1 434
-
6 001
-
total
7 223
-
30 250
-
Corporate
114 617
150 500
-
-
income
24 070
31 604
-
-
total
24 070
31 604
-
-
Dividends
90 547
118 896
-
-
withholding
6 338
8 322
-
-
total
6 338
8 322
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 258
39 926
65 435
64 128
After tax
105 242
110 574
85 065
86 372
Living cost
21 033
21 033
21 033
21 033
Free-cash
84 209
89 541
64 032
65 339

Estimated living cost  is ₽21033 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽114629
₽116194
₽110172
₽118303
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
-
-
-
150 500
pensions

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

-
-
-
4 090
unemployment
-
-
-
111
income
-
-
-
22 575
health
-
-
-
3 178
total
-
-
-
29 954
Employee
13 736
-
145 078
-
health
632
-
1 271
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 206
-
2 427
-
income
1 373
-
14 508
-
total
3 362
-
18 510
-
Employer
13 736
-
145 078
-
health
948
-
1 907
-
pensions

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

1 514
-
3 045
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 695
-
5 422
-
Corporate
134 069
150 500
-
-
income
13 407
15 050
-
-
total
13 407
15 050
-
-
Dividends
120 662
135 450
-
-
withholding
6 033
6 773
-
-
total
6 033
6 773
-
-
Income
150 500
150 500
150 500
150 500
Total tax
25 497
21 823
23 932
29 954
After tax
125 003
128 677
126 568
120 546
Living cost
10 374
10 374
10 374
10 374
Free-cash
114 629
118 303
116 194
110 172

Estimated living cost  is ₽10374 per week

₽6056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3302
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
₽53508
₽54396
₽57619
₽48843
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
-
-
-
150 500
income
-
-
-
24 456
other
-
-
-
4 666
health
-
-
-
6 721
social contributions
-
-
-
4 289
pensions
-
-
-
25 743
surtax
-
-
-
-
total
-
-
-
65 875
Employee
33 782
-
115 979
-
pensions
3 820
-
8 271
-
income
1 994
-
23 001
-
social contributions
963
-
3 304
-
surtax
-
-
-
-
total
6 777
-
34 576
-
Employer
33 782
-
115 979
-
health
2 365
-
10 976
-
social contributions
102
-
348
-
pensions
5 550
-
13 888
-
unemployment
1 368
-
4 697
-
other
1 165
-
4 613
-
total
10 550
-
34 522
-
Corporate
106 168
150 500
-
-
income
29 728
42 141
-
-
surtax
-
-
-
-
total
29 728
42 141
-
-
Dividends
76 440
108 359
-
-
social contributions
13 147
18 639
-
-
surtax
-
-
-
-
withholding
9 784
13 871
-
-
total
22 931
32 510
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 986
74 651
69 098
65 875
After tax
80 514
75 849
81 402
84 625
Living cost
27 006
27 006
27 006
27 006
Free-cash
53 508
48 843
54 396
57 619

Estimated living cost  is ₽27006 per week

₽17028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7323
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
₽36783
₽62208
₽49225
₽41616
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
-
-
-
150 500
pensions
-
-
-
9 248
income
-
-
-
49 228
health
-
-
-
9 733
total
-
-
-
68 209
Employee
67 406
67 406
135 831
-
health
10 346
8 800
9 733
-
pensions
12 133
9 248
9 248
-
income

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

11 033
11 033
21 577
-
total
33 512
29 081
40 558
-
Employer
67 406
67 406
135 831
-
health
4 685
4 685
5 822
-
pensions
4 691
4 691
5 831
-
unemployment
2 427
2 427
3 015
-
total
11 803
11 803
14 668
-
Corporate
72 117
71 290
-
-
income
14 423
14 259
-
-
total
14 423
14 259
-
-
Dividends
57 694
57 032
-
-
income
12 260
12 120
-
-
withholding
8 653
8 555
-
-
total
20 913
20 675
-
-
Income
150 500
150 500
150 500
150 500
Total tax
80 651
75 818
55 226
68 209
After tax
69 849
74 682
95 274
82 291
Living cost
33 066
33 066
33 066
33 066
Free-cash
36 783
41 616
62 208
49 225

Estimated living cost  is ₽33066 per week

₽23433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
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
₽60712
₽70779
₽52855
₽51979
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.

-
-
-
150 500
trade
-
-
-
17 924
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.

-
-
-
47 792
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.

-
-
-
5 392
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.

-
-
-
2 629
total
-
-
-
73 737
Employee

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

30 191
-
150 500
-
health

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

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

5 392
-
5 392
-
income

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

843
-
47 792
-
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
-
2 629
-
total
6 281
-
55 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 309
150 500
-
-
income
18 047
22 575
-
-
trade
18 949
23 704
-
-
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.

993
1 242
-
-
chamber of commerce
292
336
-
-
total
38 281
47 857
-
-
Dividends
82 029
102 643
-
-
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.

1 111
1 395
-
-
withholding
20 207
25 361
-
-
total
21 318
26 756
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 880
74 613
55 813
73 737
After tax
84 620
75 887
94 687
76 763
Living cost
23 908
23 908
23 908
23 908
Free-cash
60 712
51 979
70 779
52 855

Estimated living cost  is ₽23908 per week

₽15039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽87182
₽82724
₽84018
₽91480
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
-
-
-
150 500
income
-
-
-
31 598
health
-
-
-
3 838
social contributions
-
-
-
12 771
total
-
-
-
48 207
Employee
60 696
60 696
141 095
-
health
470
1 032
2 398
-
income
6 609
5 619
30 902
-
social contributions
2 295
5 037
6 795
-
total
9 374
11 688
40 095
-
Employer
60 696
60 696
141 095
-
health
511
1 123
2 611
-
social contributions
2 295
5 037
6 795
-
total
2 806
6 160
9 406
-
Corporate
120 045
83 643
-
-
income
15 006
10 455
-
-
total
15 006
10 455
-
-
Dividends
105 039
73 188
-
-
withholding
17 857
12 442
-
-
total
17 857
12 442
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 043
40 745
49 501
48 207
After tax
105 457
109 755
100 999
102 293
Living cost
18 275
18 275
18 275
18 275
Free-cash
87 182
91 480
82 724
84 018

Estimated living cost  is ₽18275 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽60052
₽43695
₽55106
₽60846
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.

-
-
-
150 500
income
-
-
-
18 337
social contributions

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

-
-
-
52 298
surtax
-
-
-
-
total
-
-
-
70 635
Employee
36 303
-
121 616
-
income
7 551
-
39 784
-
social contributions
3 993
-
13 378
-
surtax
-
-
-
-
total
11 544
-
53 162
-
Employer
36 303
-
121 616
-
social contributions
8 622
-
28 884
-
total
8 622
-
28 884
-
Corporate
105 575
150 500
-
-
income
22 171
31 604
-
-
surtax
-
-
-
-
total
22 171
31 604
-
-
Dividends
83 404
118 896
-
-
withholding
23 352
33 291
-
-
total
23 352
33 291
-
-
Income
150 500
150 500
150 500
150 500
Total tax
65 689
64 895
82 046
70 635
After tax
84 811
85 605
68 454
79 865
Living cost
24 759
24 759
24 759
24 759
Free-cash
60 052
60 846
43 695
55 106

Estimated living cost  is ₽24759 per week

₽18525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4360
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
₽135854
₽114403
₽142998
₽136978
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%.

-
-
-
150 500
microenterprise

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

-
-
-
1 505
total
-
-
-
1 505
Employee
7 495
-
150 500
-
income
1 499
-
30 100
-
total
1 499
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

143 005
150 500
-
-
total
-
-
-
-
Dividends
143 005
150 500
-
-
withholding
7 150
7 525
-
-
total
7 150
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
8 649
7 525
30 100
1 505
After tax
141 851
142 975
120 400
148 995
Living cost
5 997
5 997
5 997
5 997
Free-cash
135 854
136 978
114 403
142 998

Estimated living cost  is ₽5997 per week

₽3716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1617
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
₽75846
₽47766
₽51556
₽82448
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.

-
-
-
150 500
pensions
-
-
-
27 485
unemployment
-
-
-
226
income
-
-
-
35 251
health
-
-
-
14 810
total
-
-
-
77 772
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.

34 905
-
130 224
-
health
2 254
-
8 412
-
unemployment
49
-
183
-
pensions
5 410
-
20 184
-
income
6 019
-
32 507
-
total
13 732
-
61 286
-
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.

34 905
-
130 224
-
health
2 325
-
8 673
-
pensions
3 089
-
11 525
-
unemployment
21
-
78
-
total
5 435
-
20 276
-
Corporate
110 161
150 500
-
-
income
20 930
28 595
-
-
total
20 930
28 595
-
-
Dividends
89 231
121 905
-
-
withholding
13 385
18 285
-
-
total
13 385
18 285
-
-
Income
150 500
150 500
150 500
150 500
Total tax
53 482
46 880
81 562
77 772
After tax
97 018
103 620
68 938
72 728
Living cost
21 172
21 172
21 172
21 172
Free-cash
75 846
82 448
47 766
51 556

Estimated living cost  is ₽21172 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽67761
₽77656
₽94299
₽65001
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.

-
-
-
150 500
income
-
-
-
22 575
health

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

-
-
-
4 973
total
-
-
-
27 548
Employee
36 210
-
146 869
-
social contributions
3 628
-
3 631
-
income
3 929
-
36 929
-
total
7 557
-
40 560
-
Employer
36 210
-
146 869
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
110 662
150 500
-
-
income
38 731
52 676
-
-
total
38 731
52 676
-
-
Dividends
71 931
97 824
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 086
56 846
44 191
27 548
After tax
96 414
93 654
106 309
122 952
Living cost
28 653
28 653
28 653
28 653
Free-cash
67 761
65 001
77 656
94 299

Estimated living cost  is ₽28653 per week

₽18874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽75490
₽76472
₽79913
₽75081
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
-
-
-
150 500
income
-
-
-
22 575
health
-
-
-
10 505
social contributions
-
-
-
20 769
total
-
-
-
53 849
Employee
26 763
-
150 500
-
health
1 868
-
10 505
-
income
4 464
-
26 016
-
social contributions
3 694
-
20 769
-
total
10 026
-
57 290
-
Employer
26 763
-
150 500
-
total
-
-
-
-
Corporate
123 737
150 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

6 186
7 526
-
-
total
6 186
7 526
-
-
Dividends
117 551
142 974
-
-
social contributions
16 222
19 730
-
-
withholding
17 632
21 446
-
-
health
8 206
9 979
-
-
total
42 060
51 155
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 272
58 681
57 290
53 849
After tax
92 228
91 819
93 210
96 651
Living cost
16 738
16 738
16 738
16 738
Free-cash
75 490
75 081
76 472
79 913

Estimated living cost  is ₽16738 per week

₽11201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽73639
₽59092
₽65503
₽81522
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
-
-
-
150 500
income
-
-
-
15 657
health
-
-
-
20 318
social contributions
-
-
-
25 804
solidarity contribution
-
-
-
1 121
total
-
-
-
62 900
Employee
32 496
-
117 805
-
health
4 387
-
15 904
-
solidarity contribution
-
-
545
-
income
3 899
-
14 424
-
social contributions
2 112
-
5 744
-
total
10 398
-
36 617
-
Employer
32 496
-
117 805
-
health
2 925
-
10 602
-
social contributions
8 124
-
22 092
-
total
11 049
-
32 694
-
Corporate
106 956
150 500
-
-
income
20 322
28 595
-
-
total
20 322
28 595
-
-
Dividends
86 634
121 905
-
-
withholding
12 995
18 286
-
-
total
12 995
18 286
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 764
46 881
69 311
62 900
After tax
95 736
103 619
81 189
87 600
Living cost
22 097
22 097
22 097
22 097
Free-cash
73 639
81 522
59 092
65 503

Estimated living cost  is ₽22097 per week

₽16433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1224
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.
₽4058
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
₽131879
₽111056
₽139651
₽133631
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%.

-
-
-
150 500
microenterprise

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

-
-
-
1 505
total
-
-
-
1 505
Employee
11 681
-
150 500
-
income
2 336
-
30 100
-
total
2 336
-
30 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

138 819
150 500
-
-
total
-
-
-
-
Dividends
138 819
150 500
-
-
withholding
6 941
7 525
-
-
total
6 941
7 525
-
-
Income
150 500
150 500
150 500
150 500
Total tax
9 277
7 525
30 100
1 505
After tax
141 223
142 975
120 400
148 995
Living cost
9 344
9 344
9 344
9 344
Free-cash
131 879
133 631
111 056
139 651

Estimated living cost  is ₽9344 per week

₽6323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2315
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
₽43153
₽43278
₽46501
₽37725
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
-
-
-
150 500
income
-
-
-
24 456
other
-
-
-
4 666
health
-
-
-
6 721
social contributions
-
-
-
4 289
pensions
-
-
-
25 743
surtax
-
-
-
-
total
-
-
-
65 875
Employee
49 438
-
115 979
-
pensions
5 592
-
8 271
-
income
4 314
-
23 001
-
social contributions
1 408
-
3 304
-
surtax
-
-
-
-
total
11 314
-
34 576
-
Employer
49 438
-
115 979
-
health
3 460
-
10 976
-
social contributions
148
-
348
-
pensions
8 123
-
13 888
-
unemployment
2 003
-
4 697
-
other
1 706
-
4 613
-
total
15 440
-
34 522
-
Corporate
85 622
150 500
-
-
income
23 974
42 141
-
-
surtax
-
-
-
-
total
23 974
42 141
-
-
Dividends
61 648
108 359
-
-
social contributions
10 604
18 639
-
-
surtax
-
-
-
-
withholding
7 891
13 871
-
-
total
18 495
32 510
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 223
74 651
69 098
65 875
After tax
81 277
75 849
81 402
84 625
Living cost
38 124
38 124
38 124
38 124
Free-cash
43 153
37 725
43 278
46 501

Estimated living cost  is ₽38124 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
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
₽91265
₽80584
₽80585
₽95133
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.

-
-
-
150 500
pensions
-
-
-
15 114
unemployment
-
-
-
872
income
-
-
-
34 339
health
-
-
-
5 987
total
-
-
-
56 312
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.

20 512
-
140 095
-
health
1 056
-
2 994
-
unemployment
154
-
436
-
pensions
2 872
-
8 138
-
income
2 827
-
34 339
-
total
6 909
-
45 907
-
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.

20 512
-
140 095
-
health
1 056
-
2 994
-
pensions
2 461
-
6 976
-
unemployment
154
-
436
-
total
3 671
-
10 406
-
Corporate
126 316
150 500
-
-
income
18 947
22 575
-
-
total
18 947
22 575
-
-
Dividends
107 369
127 925
-
-
withholding
16 105
19 189
-
-
total
16 105
19 189
-
-
Income
150 500
150 500
150 500
150 500
Total tax
45 632
41 764
56 313
56 312
After tax
104 868
108 736
94 187
94 188
Living cost
13 603
13 603
13 603
13 603
Free-cash
91 265
95 133
80 584
80 585

Estimated living cost  is ₽13603 per week

₽9159
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1052
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2998
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
₽38061
₽60253
₽66039
₽15059
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
-
-
-
150 500
pensions
-
-
-
13 847
city
-
-
-
1 587
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.

-
-
-
3 010
health
-
-
-
338
regional
-
-
-
8 264
national
-
-
-
3 653
total
-
-
-
30 699
Employee
62 915
-
135 285
-
health
142
-
304
-
unemployment
-
-
-
-
city
675
-
1 461
-
pensions
5 286
-
10 718
-
regional
2 060
-
7 316
-
national
298
-
2 959
-
total
8 461
-
22 758
-
Employer
62 915
-
135 285
-
health
142
-
304
-
pensions
5 286
-
10 718
-
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.

1 258
-
2 705
-
total
6 686
-
13 727
-
Corporate
80 207
150 500
-
-
regional
16 963
31 830
-
-
national
6 817
12 792
-
-
total
23 780
44 622
-
-
Dividends
56 427
105 878
-
-
withholding
19 750
37 057
-
-
total
19 750
37 057
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 677
81 679
36 485
30 699
After tax
91 823
68 821
114 015
119 801
Living cost
53 762
53 762
53 762
53 762
Free-cash
38 061
15 059
60 253
66 039

Estimated living cost  is ₽53762 per week

₽34961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13317
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
₽65547
₽47863
₽65101
₽63288
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

-
-
-
150 500
municipal
-
-
-
26 732
health
-
-
-
1 988
national
-
-
-
26 374
total
-
-
-
55 094
Employee
41 529
-
126 608
-
health
310
-
1 621
-
unemployment
623
-
1 899
-
pensions
2 803
-
8 546
-
national
686
-
15 758
-
municipal
6 802
-
20 617
-
total
11 224
-
48 441
-
Employer
41 529
-
126 608
-
health
319
-
975
-
pensions
7 205
-
21 967
-
accident
42
-
127
-
unemployment
270
-
822
-
total
7 836
-
23 891
-
Corporate
101 136
150 500
-
-
income
20 228
30 101
-
-
total
20 228
30 101
-
-
Dividends

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

60 681
90 300
-
-
municipal
10 923
16 254
-
-
national
4 437
10 552
-
-
total
15 360
26 806
-
-
Income
150 500
150 500
150 500
150 500
Total tax
54 648
56 907
72 332
55 094
After tax
95 852
93 593
78 168
95 406
Living cost
30 305
30 305
30 305
30 305
Free-cash
65 547
63 288
47 863
65 101

Estimated living cost  is ₽30305 per week

₽19795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽43526
₽23567
₽36542
₽55321
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
-
-
-
150 500
communal

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

-
-
-
7 849
social contributions
-
-
-
19 679
national
-
-
-
57 650
total
-
-
-
85 178
Employee

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

56 462
-
116 569
-
health

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

2 653
-
5 479
-
communal

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

2 945
-
6 080
-
unemployment

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

491
-
1 014
-
pensions

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

4 235
-
8 743
-
national
17 359
-
42 906
-
total
27 683
-
64 222
-
Employer

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

56 462
-
116 569
-
health

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

3 472
-
7 169
-
pensions

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

5 003
-
10 328
-
surtax
6 402
-
13 218
-
accident

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

734
-
1 514
-
unemployment

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

824
-
1 702
-
total
16 435
-
33 931
-
Corporate
77 603
150 500
-
-
income
15 521
30 163
-
-
surtax
310
604
-
-
total
15 831
30 767
-
-
Dividends
61 772
119 733
-
-
withholding

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

18 245
35 632
-
-
total
18 245
35 632
-
-
Income
150 500
150 500
150 500
150 500
Total tax
78 194
66 399
98 153
85 178
After tax
72 306
84 101
52 347
65 322
Living cost
28 780
28 780
28 780
28 780
Free-cash
43 526
55 321
23 567
36 542

Estimated living cost  is ₽28780 per week

₽18538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7275
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
₽47294
₽42346
₽43174
₽48059
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
-
-
-
150 500
unemployment
-
-
-
75
municipal
-
-
-
38 420
other
-
-
-
8 688
health
-
-
-
4 665
national
-
-
-
13 133
accident
-
-
-
149
pensions
-
-
-
8 082
total
-
-
-
73 212
Employee
48 610
-
127 008
-
national
-
-
12 675
-
municipal
14 495
-
37 874
-
total
14 495
-
50 549
-
Employer
48 610
-
127 008
-
health
2 989
-
4 598
-
pensions
5 255
-
8 082
-
accident
97
-
149
-
unemployment
1 283
-
1 974
-
other
5 649
-
8 688
-
total
15 273
-
23 491
-
Corporate
86 617
150 500
-
-
income
19 056
33 110
-
-
total
19 056
33 110
-
-
Dividends
67 561
117 390
-
-
withholding
20 268
35 217
-
-
total
20 268
35 217
-
-
Income
150 500
150 500
150 500
150 500
Total tax
69 092
68 327
74 040
73 212
After tax
81 408
82 173
76 460
77 288
Living cost
34 114
34 114
34 114
34 114
Free-cash
47 294
48 059
42 346
43 174

Estimated living cost  is ₽34114 per week

₽22610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3348
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.
₽7639
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
₽11802
₽100993
₽66069
₽53625
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
-
-
-
150 500
income
-
-
-
29 335
social contributions
-
-
-
17 157
total
-
-
-
46 492
Employee
54 400
-
-
-
income
11 999
-
-
-
social contributions
4 461
-
636
-
total
16 460
-
636
-
Employer
54 400
-
-
-
social contributions
76 704
-
10 932
-
total
76 704
-
10 932
-
Corporate
19 397
150 500
-
-
income
4 267
33 110
-
-
total
4 267
33 110
-
-
Dividends
15 129
117 390
-
-
income
3 328
25 826
-
-
total
3 328
25 826
-
-
Income
150 500
150 500
150 500
150 500
Total tax
100 759
58 936
11 568
46 492
After tax
49 741
91 564
138 932
104 008
Living cost
37 939
37 939
37 939
37 939
Free-cash
11 802
53 625
100 993
66 069

Estimated living cost  is ₽37939 per week

₽24617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3568
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.
₽9271
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
₽80879
₽75397
₽76691
₽84153
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
-
-
-
150 500
income
-
-
-
31 598
health
-
-
-
3 838
social contributions
-
-
-
12 771
total
-
-
-
48 207
Employee
60 696
60 696
141 095
-
health
604
1 032
2 398
-
income
6 374
5 619
30 902
-
social contributions
2 949
5 037
6 795
-
total
9 927
11 688
40 095
-
Employer
60 696
60 696
141 095
-
health
658
1 123
2 611
-
social contributions
2 949
5 037
6 795
-
total
3 607
6 160
9 406
-
Corporate
111 364
83 643
-
-
income
13 920
10 455
-
-
total
13 920
10 455
-
-
Dividends
97 444
73 188
-
-
withholding
16 565
12 442
-
-
total
16 565
12 442
-
-
Income
150 500
150 500
150 500
150 500
Total tax
44 019
40 745
49 501
48 207
After tax
106 481
109 755
100 999
102 293
Living cost
25 602
25 602
25 602
25 602
Free-cash
80 879
84 153
75 397
76 691

Estimated living cost  is ₽25602 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽73012
₽56830
₽70359
₽68519
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
-
-
-
150 500
income
-
-
-
44 808
pensions
-
-
-
7 161
total
-
-
-
51 969
Employee
38 670
-
131 313
-
health
504
-
1 838
-
pensions
2 951
-
8 686
-
income
7 042
-
35 788
-
total
10 497
-
46 312
-
Employer
38 670
-
131 313
-
health
735
-
2 495
-
pensions
3 907
-
16 691
-
total
4 642
-
19 186
-
Corporate
107 189
150 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

20 366
28 596
-
-
total
20 366
28 596
-
-
Dividends
86 823
121 904
-
-
withholding
13 811
25 213
-
-
total
13 811
25 213
-
-
Income
150 500
150 500
150 500
150 500
Total tax
49 316
53 809
65 498
51 969
After tax
101 184
96 691
85 002
98 531
Living cost
28 172
28 172
28 172
28 172
Free-cash
73 012
68 519
56 830
70 359

Estimated living cost  is ₽28172 per week

₽19326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽44239
₽31425
₽38029
₽47828
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
-
-
-
150 500
municipal
-
-
-
1 007
regional
-
-
-
3 459
social contributions
-
-
-
38 709
national
-
-
-
37 851
total
-
-
-
81 026
Employee
66 514
-
150 500
-
social contributions
22 428
-
50 749
-
regional
1 004
-
3 070
-
national
11 240
-
32 914
-
municipal
397
-
897
-
total
35 069
-
87 630
-
Employer
66 514
-
150 500
-
total
-
-
-
-
Corporate
83 986
150 500
-
-
nationa
20 156
36 121
-
-
municipal
4 049
7 254
-
-
total
24 205
43 375
-
-
Dividends
59 781
107 125
-
-
withholding
15 542
27 852
-
-
total
15 542
27 852
-
-
Income
150 500
150 500
150 500
150 500
Total tax
74 816
71 227
87 630
81 026
After tax
75 684
79 273
62 870
69 474
Living cost
31 445
31 445
31 445
31 445
Free-cash
44 239
47 828
31 425
38 029

Estimated living cost  is ₽31445 per week

₽22088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽9613
₽65501
₽86018
-₽4617
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
-
-
-
150 500
pensions
-
-
-
3 179
income
-
-
-
42 354
other
-
-
-
283
health
-
-
-
1 666
accident
-
-
-
193
total
-
-
-
47 675
Employee
26 438
-
136 461
-
health
3 027
-
15 625
-
pensions
2 977
-
5 829
-
income
3 627
-
32 699
-
total
9 631
-
54 153
-
Employer
26 438
-
136 461
-
pensions
4 299
-
8 417
-
accident
441
-
2 279
-
unemployment
648
-
3 343
-
total
5 388
-
14 039
-
Corporate
118 673
150 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

106 806
135 450
-
-
total
106 806
135 450
-
-
Dividends
11 867
15 050
-
-
withholding
2 255
2 860
-
-
total
2 255
2 860
-
-
Income
150 500
150 500
150 500
150 500
Total tax
124 080
138 310
68 192
47 675
After tax
26 420
12 190
82 308
102 825
Living cost
16 807
16 807
16 807
16 807
Free-cash
9 613
-4 617
65 501
86 018

Estimated living cost  is ₽16807 per week

₽12318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3207
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
₽57291
₽64213
₽47883
₽46960
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.

-
-
-
150 500
trade
-
-
-
16 330
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.

-
-
-
47 792
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.

-
-
-
5 392
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.

-
-
-
2 629
total
-
-
-
72 143
Employee

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

39 274
-
150 500
-
health

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

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

5 392
-
5 392
-
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.

3 229
-
47 792
-
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
-
2 629
-
total
8 799
-
55 813
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 226
150 500
-
-
income
16 684
22 575
-
-
trade
15 960
21 597
-
-
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.

918
1 242
-
-
chamber of commerce
283
340
-
-
total
33 845
45 754
-
-
Dividends
77 380
104 746
-
-
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.

1 047
1 425
-
-
withholding
19 044
25 887
-
-
total
20 091
27 312
-
-
Income
150 500
150 500
150 500
150 500
Total tax
62 735
73 066
55 813
72 143
After tax
87 765
77 434
94 687
78 357
Living cost
30 474
30 474
30 474
30 474
Free-cash
57 291
46 960
64 213
47 883

Estimated living cost  is ₽30474 per week

₽21022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽97503
₽47588
₽36498
₽103978
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.

-
-
-
150 500
income
-
-
-
28 960
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.

-
-
-
30 243
surtax
-
-
-
38 378
total
-
-
-
97 581
Employee
23 065
-
115 169
-
income
4 106
-
24 113
-
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.

2 537
-
10 348
-
surtax
-
-
16 700
-
total
6 643
-
51 161
-
Employer
23 065
-
115 169
-
social contributions

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

5 556
-
22 662
-
surtax
-
-
12 668
-
total
5 556
-
35 330
-
Corporate
121 880
150 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

24 376
30 101
-
-
total
24 376
30 101
-
-
Dividends

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

97 504
120 399
-
-
total
-
-
-
-
Income
150 500
150 500
150 500
150 500
Total tax
36 575
30 101
86 491
97 581
After tax
113 925
120 399
64 009
52 919
Living cost
16 422
16 422
16 422
16 422
Free-cash
97 503
103 978
47 588
36 498

Estimated living cost  is ₽16422 per week

₽10476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4008
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
₽82528
₽81609
₽82305
₽84134
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
-
-
-
150 500
income
-
-
-
46 114
health
-
-
-
5 171
pensions
-
-
-
7 132
total
-
-
-
58 417
Employee
14 893
-
142 476
-
health
745
-
1 783
-
unemployment
149
-
357
-
pensions
1 340
-
3 209
-
income
2 881
-
45 740
-
total
5 115
-
51 089
-
Employer
14 893
-
142 476
-
health
1 415
-
3 388
-
pensions
1 638
-
3 923
-
unemployment
298
-
713
-
total
3 351
-
8 024
-
Corporate
132 256
150 500
-
-
income
29 096
33 110
-
-
total
29 096
33 110
-
-
Dividends
103 160
117 390
-
-
withholding
20 632
23 478
-
-
total
20 632
23 478
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 194
56 588
59 113
58 417
After tax
92 306
93 912
91 387
92 083
Living cost
9 778
9 778
9 778
9 778
Free-cash
82 528
84 134
81 609
82 305

Estimated living cost  is ₽9778 per week

₽5811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽793
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.
₽2951
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
₽74424
₽48512
₽53339
₽76935
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
-
-
-
150 500
pensions
-
-
-
21 070
unemployment
-
-
-
180
income
-
-
-
43 712
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
6 991
total
-
-
-
79 432
Employee
26 582
-
128 325
-
health
679
-
2 686
-
unemployment
1 850
-
7 332
-
pensions
1 774
-
7 027
-
income
4 456
-
38 992
-
other
-
-
-
-
surtax
94
-
6 047
-
total
8 853
-
62 084
-
Employer
26 582
-
128 325
-
health
1 209
-
4 793
-
pensions
3 544
-
14 043
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 175
-
Corporate
118 322
150 500
-
-
income
30 764
39 130
-
-
total
30 764
39 130
-
-
Dividends
87 558
111 370
-
-
withholding
13 134
16 706
-
-
total
13 134
16 706
-
-
Income
150 500
150 500
150 500
150 500
Total tax
58 347
55 836
84 259
79 432
After tax
92 153
94 664
66 241
71 068
Living cost
17 729
17 729
17 729
17 729
Free-cash
74 424
76 935
48 512
53 339

Estimated living cost  is ₽17729 per week

₽10704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5073
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
₽57671
₽14597
₽52247
₽58063
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
-
-
-
150 500
pensions
-
-
-
17 060
chamber of commerce
-
-