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
₽ 151000
per

Your estimated
City
free-cash

Valencia , Spain
₽75414
₽59687
₽62985
₽78885
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
-
-
-
151 000
unemployment
-
-
-
510
income
-
-
-
44 543
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
66 400
Employee
29 064
-
127 773
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
41 845
-
other
28
-
73
-
total
7 447
-
46 472
-
Employer
29 064
-
127 773
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
112 669
151 000
-
-
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.

16 900
22 649
-
-
total
16 900
22 649
-
-
Dividends
95 769
128 351
-
-
withholding
20 357
27 851
-
-
total
20 357
27 851
-
-
Income
151 000
151 000
151 000
151 000
Total tax
53 971
50 500
69 698
66 400
After tax
97 029
100 500
81 302
84 600
Living cost
21 615
21 615
21 615
21 615
Free-cash
75 414
78 885
59 687
62 985

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽84685
₽64603
₽65913
₽89995
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
-
-
-
151 000
pensions

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

-
-
-
28 687
income
-
-
-
24 518
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
64 142
Employee
28 540
-
120 869
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
pensions

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

1 997
-
8 367
-
income
4 914
-
24 083
-
total
7 596
-
35 319
-
Employer
28 540
-
120 869
-
health
400
-
1 674
-
pensions

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

4 852
-
20 321
-
accident
228
-
967
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 133
-
Corporate
115 267
151 000
-
-
income
24 207
31 710
-
-
total
24 207
31 710
-
-
Dividends
91 060
119 290
-
-
withholding
6 374
8 350
-
-
total
6 374
8 350
-
-
Income
151 000
151 000
151 000
151 000
Total tax
45 370
40 060
65 452
64 142
After tax
105 630
110 940
85 548
86 858
Living cost
20 945
20 945
20 945
20 945
Free-cash
84 685
89 995
64 603
65 913

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽115152
₽116777
₽110720
₽118803
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
-
-
-
151 000
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
22 650
health
-
-
-
3 156
total
-
-
-
29 978
Employee
13 641
-
145 615
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
14 562
-
total
3 339
-
18 536
-
Employer
13 641
-
145 615
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
134 683
151 000
-
-
income
13 469
15 100
-
-
total
13 469
15 100
-
-
Dividends
121 214
135 900
-
-
withholding
6 061
6 795
-
-
total
6 061
6 795
-
-
Income
151 000
151 000
151 000
151 000
Total tax
25 546
21 895
23 921
29 978
After tax
125 454
129 105
127 079
121 022
Living cost
10 302
10 302
10 302
10 302
Free-cash
115 152
118 803
116 777
110 720

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽53853
₽54665
₽57976
₽49213
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
-
-
-
151 000
income
-
-
-
24 643
other
-
-
-
4 681
health
-
-
-
6 775
social contributions
-
-
-
4 302
pensions
-
-
-
25 730
surtax
-
-
-
-
total
-
-
-
66 131
Employee
33 641
-
116 306
-
pensions
3 804
-
8 317
-
income
1 985
-
23 119
-
social contributions
959
-
3 314
-
surtax
-
-
-
-
total
6 748
-
34 750
-
Employer
33 641
-
116 306
-
health
2 355
-
11 035
-
social contributions
101
-
349
-
pensions
5 527
-
13 962
-
unemployment
1 362
-
4 711
-
other
1 161
-
4 635
-
total
10 506
-
34 692
-
Corporate
106 853
151 000
-
-
income
29 920
42 279
-
-
surtax
-
-
-
-
total
29 920
42 279
-
-
Dividends
76 933
108 721
-
-
social contributions
13 232
18 699
-
-
surtax
-
-
-
-
withholding
9 848
13 916
-
-
total
23 080
32 615
-
-
Income
151 000
151 000
151 000
151 000
Total tax
70 254
74 894
69 442
66 131
After tax
80 746
76 106
81 558
84 869
Living cost
26 893
26 893
26 893
26 893
Free-cash
53 853
49 213
54 665
57 976

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽37205
₽62774
₽49564
₽42020
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
-
-
-
151 000
pensions
-
-
-
9 209
income
-
-
-
49 606
health
-
-
-
9 693
total
-
-
-
68 508
Employee
67 124
67 124
136 392
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
21 788
-
total
33 372
28 959
40 690
-
Employer
67 124
67 124
136 392
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
72 945
72 121
-
-
income
14 588
14 424
-
-
total
14 588
14 424
-
-
Dividends
58 356
57 697
-
-
income
12 400
12 260
-
-
withholding
8 753
8 655
-
-
total
21 153
20 915
-
-
Income
151 000
151 000
151 000
151 000
Total tax
80 867
76 052
55 298
68 508
After tax
70 133
74 948
95 702
82 492
Living cost
32 928
32 928
32 928
32 928
Free-cash
37 205
42 020
62 774
49 564

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽61026
₽71112
₽53085
₽52331
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.

-
-
-
151 000
trade
-
-
-
18 027
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.

-
-
-
48 067
health

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

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

-
-
-
5 370
surtax

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

-
-
-
2 643
total
-
-
-
74 107
Employee

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

30 064
-
151 000
-
health

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

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

5 370
-
5 370
-
income

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

840
-
48 067
-
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
-
2 643
-
total
6 256
-
56 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 936
151 000
-
-
income
18 140
22 649
-
-
trade
19 047
23 783
-
-
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.

998
1 246
-
-
chamber of commerce
292
336
-
-
total
38 477
48 014
-
-
Dividends
82 458
102 987
-
-
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.

1 117
1 399
-
-
withholding
20 316
25 448
-
-
total
21 433
26 847
-
-
Income
151 000
151 000
151 000
151 000
Total tax
66 166
74 861
56 080
74 107
After tax
84 834
76 139
94 920
76 893
Living cost
23 808
23 808
23 808
23 808
Free-cash
61 026
52 331
71 112
53 085

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽87638
₽83087
₽84382
₽91916
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
-
-
-
151 000
income
-
-
-
31 851
health
-
-
-
3 850
social contributions
-
-
-
12 718
total
-
-
-
48 419
Employee
60 443
60 443
141 615
-
health
468
1 028
2 408
-
income
6 581
5 595
31 155
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
40 329
-
Employer
60 443
60 443
141 615
-
health
509
1 119
2 619
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
9 385
-
Corporate
120 672
84 422
-
-
income
15 084
10 553
-
-
total
15 084
10 553
-
-
Dividends
105 589
73 869
-
-
withholding
17 951
12 558
-
-
total
17 951
12 558
-
-
Income
151 000
151 000
151 000
151 000
Total tax
45 163
40 885
49 714
48 419
After tax
105 837
110 115
101 286
102 581
Living cost
18 199
18 199
18 199
18 199
Free-cash
87 638
91 916
83 087
84 382

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽60442
₽43958
₽55409
₽61234
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.

-
-
-
151 000
income
-
-
-
18 464
social contributions

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

-
-
-
52 472
surtax
-
-
-
-
total
-
-
-
70 936
Employee
36 152
-
122 020
-
income
7 520
-
39 985
-
social contributions
3 977
-
13 422
-
surtax
-
-
-
-
total
11 497
-
53 407
-
Employer
36 152
-
122 020
-
social contributions
8 586
-
28 980
-
total
8 586
-
28 980
-
Corporate
106 262
151 000
-
-
income
22 315
31 710
-
-
surtax
-
-
-
-
total
22 315
31 710
-
-
Dividends
83 947
119 290
-
-
withholding
23 505
33 401
-
-
total
23 505
33 401
-
-
Income
151 000
151 000
151 000
151 000
Total tax
65 903
65 111
82 387
70 936
After tax
85 097
85 889
68 613
80 064
Living cost
24 655
24 655
24 655
24 655
Free-cash
60 442
61 234
43 958
55 409

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽136202
₽114696
₽143386
₽137346
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%.

-
-
-
151 000
microenterprise

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

-
-
-
1 510
total
-
-
-
1 510
Employee
7 629
-
151 000
-
income
1 526
-
30 200
-
total
1 526
-
30 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

143 371
151 000
-
-
total
-
-
-
-
Dividends
143 371
151 000
-
-
withholding
7 168
7 550
-
-
total
7 168
7 550
-
-
Income
151 000
151 000
151 000
151 000
Total tax
8 694
7 550
30 200
1 510
After tax
142 306
143 450
120 800
149 490
Living cost
6 104
6 104
6 104
6 104
Free-cash
136 202
137 346
114 696
143 386

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽76306
₽48030
₽51748
₽82881
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.

-
-
-
151 000
pensions
-
-
-
27 576
unemployment
-
-
-
227
income
-
-
-
35 508
health
-
-
-
14 858
total
-
-
-
78 169
Employee

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

34 759
-
130 655
-
health
2 245
-
8 441
-
unemployment
49
-
183
-
pensions
5 388
-
20 252
-
income
5 994
-
32 667
-
total
13 676
-
61 543
-
Employer

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

34 759
-
130 655
-
health
2 315
-
8 702
-
pensions
3 076
-
11 563
-
unemployment
21
-
79
-
total
5 412
-
20 344
-
Corporate
110 830
151 000
-
-
income
21 058
28 690
-
-
total
21 058
28 690
-
-
Dividends
89 772
122 310
-
-
withholding
13 465
18 346
-
-
total
13 465
18 346
-
-
Income
151 000
151 000
151 000
151 000
Total tax
53 611
47 036
81 887
78 169
After tax
97 389
103 964
69 113
72 831
Living cost
21 083
21 083
21 083
21 083
Free-cash
76 306
82 881
48 030
51 748

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽68210
₽78064
₽94848
₽65465
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.

-
-
-
151 000
income
-
-
-
22 649
health

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

-
-
-
4 970
total
-
-
-
27 619
Employee
36 059
-
147 384
-
social contributions
3 613
-
3 616
-
income
3 913
-
37 171
-
total
7 526
-
40 787
-
Employer
36 059
-
147 384
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
111 328
151 000
-
-
income
38 965
52 849
-
-
total
38 965
52 849
-
-
Dividends
72 363
98 151
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
151 000
151 000
151 000
151 000
Total tax
54 257
57 002
44 403
27 619
After tax
96 743
93 998
106 597
123 381
Living cost
28 533
28 533
28 533
28 533
Free-cash
68 210
65 465
78 064
94 848

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽75865
₽76822
₽80305
₽75457
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
-
-
-
151 000
income
-
-
-
22 649
health
-
-
-
10 540
social contributions
-
-
-
20 838
total
-
-
-
54 027
Employee
26 651
-
151 000
-
health
1 860
-
10 540
-
income
4 445
-
26 132
-
social contributions
3 678
-
20 838
-
total
9 983
-
57 510
-
Employer
26 651
-
151 000
-
total
-
-
-
-
Corporate
124 349
151 000
-
-
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%.

6 217
7 549
-
-
total
6 217
7 549
-
-
Dividends
118 131
143 451
-
-
social contributions
16 302
19 796
-
-
withholding
17 719
21 517
-
-
health
8 246
10 013
-
-
total
42 267
51 326
-
-
Income
151 000
151 000
151 000
151 000
Total tax
58 467
58 875
57 510
54 027
After tax
92 533
92 125
93 490
96 973
Living cost
16 668
16 668
16 668
16 668
Free-cash
75 865
75 457
76 822
80 305

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽74110
₽59545
₽65994
₽81959
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
-
-
-
151 000
income
-
-
-
15 738
health
-
-
-
20 385
social contributions
-
-
-
25 694
solidarity contribution
-
-
-
1 185
total
-
-
-
63 002
Employee
32 358
-
118 350
-
health
4 368
-
15 977
-
solidarity contribution
-
-
606
-
income
3 883
-
14 498
-
social contributions
2 103
-
5 720
-
total
10 354
-
36 801
-
Employer
32 358
-
118 350
-
health
2 912
-
10 651
-
social contributions
8 090
-
21 999
-
total
11 002
-
32 650
-
Corporate
107 640
151 000
-
-
income
20 452
28 690
-
-
total
20 452
28 690
-
-
Dividends
87 188
122 310
-
-
withholding
13 078
18 347
-
-
total
13 078
18 347
-
-
Income
151 000
151 000
151 000
151 000
Total tax
54 886
47 037
69 451
63 002
After tax
96 114
103 963
81 549
87 998
Living cost
22 004
22 004
22 004
22 004
Free-cash
74 110
81 959
59 545
65 994

Estimated living cost  is ₽22004 per week

₽16363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽132156
₽111289
₽139979
₽133939
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%.

-
-
-
151 000
microenterprise

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

-
-
-
1 510
total
-
-
-
1 510
Employee
11 889
-
151 000
-
income
2 378
-
30 200
-
total
2 378
-
30 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

139 111
151 000
-
-
total
-
-
-
-
Dividends
139 111
151 000
-
-
withholding
6 955
7 550
-
-
total
6 955
7 550
-
-
Income
151 000
151 000
151 000
151 000
Total tax
9 333
7 550
30 200
1 510
After tax
141 667
143 450
120 800
149 490
Living cost
9 511
9 511
9 511
9 511
Free-cash
132 156
133 939
111 289
139 979

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽43541
₽43593
₽46904
₽38141
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
-
-
-
151 000
income
-
-
-
24 643
other
-
-
-
4 681
health
-
-
-
6 775
social contributions
-
-
-
4 302
pensions
-
-
-
25 730
surtax
-
-
-
-
total
-
-
-
66 131
Employee
49 231
-
116 306
-
pensions
5 568
-
8 317
-
income
4 296
-
23 119
-
social contributions
1 402
-
3 314
-
surtax
-
-
-
-
total
11 266
-
34 750
-
Employer
49 231
-
116 306
-
health
3 446
-
11 035
-
social contributions
148
-
349
-
pensions
8 089
-
13 962
-
unemployment
1 994
-
4 711
-
other
1 699
-
4 635
-
total
15 376
-
34 692
-
Corporate
86 393
151 000
-
-
income
24 190
42 279
-
-
surtax
-
-
-
-
total
24 190
42 279
-
-
Dividends
62 203
108 721
-
-
social contributions
10 700
18 699
-
-
surtax
-
-
-
-
withholding
7 962
13 916
-
-
total
18 662
32 615
-
-
Income
151 000
151 000
151 000
151 000
Total tax
69 494
74 894
69 442
66 131
After tax
81 506
76 106
81 558
84 869
Living cost
37 965
37 965
37 965
37 965
Free-cash
43 541
38 141
43 593
46 904

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽91689
₽81079
₽81077
₽95544
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.

-
-
-
151 000
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
34 476
health
-
-
-
5 966
total
-
-
-
56 370
Employee

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

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

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

20 437
-
140 633
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
34 476
-
total
6 884
-
46 001
-
Employer

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

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

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

20 437
-
140 633
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
126 904
151 000
-
-
income
19 036
22 650
-
-
total
19 036
22 650
-
-
Dividends
107 869
128 350
-
-
withholding
16 180
19 253
-
-
total
16 180
19 253
-
-
Income
151 000
151 000
151 000
151 000
Total tax
45 758
41 903
56 368
56 370
After tax
105 242
109 097
94 632
94 630
Living cost
13 553
13 553
13 553
13 553
Free-cash
91 689
95 544
81 079
81 077

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽38469
₽60923
₽66668
₽15598
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
-
-
-
151 000
pensions
-
-
-
13 893
city
-
-
-
1 591
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.

-
-
-
3 020
health
-
-
-
339
regional
-
-
-
8 326
national
-
-
-
3 713
total
-
-
-
30 882
Employee
62 550
-
135 768
-
health
141
-
306
-
unemployment
-
-
-
-
city
671
-
1 466
-
pensions
5 255
-
10 717
-
regional
2 048
-
7 380
-
national
296
-
3 020
-
total
8 411
-
22 889
-
Employer
62 550
-
135 768
-
health
141
-
306
-
pensions
5 255
-
10 717
-
unemployment
-
-
-
-
other

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

1 251
-
2 715
-
total
6 647
-
13 738
-
Corporate
81 115
151 000
-
-
regional
17 156
31 937
-
-
national
6 894
12 836
-
-
total
24 050
44 773
-
-
Dividends
57 065
106 228
-
-
withholding
19 973
37 179
-
-
total
19 973
37 179
-
-
Income
151 000
151 000
151 000
151 000
Total tax
59 081
81 952
36 627
30 882
After tax
91 919
69 048
114 373
120 118
Living cost
53 450
53 450
53 450
53 450
Free-cash
38 469
15 598
60 923
66 668

Estimated living cost  is ₽53450 per week

₽34758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₽65938
₽48096
₽65394
₽63662
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

-
-
-
151 000
municipal
-
-
-
26 820
health
-
-
-
1 997
national
-
-
-
26 611
total
-
-
-
55 428
Employee
41 355
-
127 029
-
health
309
-
1 629
-
unemployment
621
-
1 905
-
pensions
2 791
-
8 574
-
national
683
-
15 961
-
municipal
6 774
-
20 686
-
total
11 178
-
48 755
-
Employer
41 355
-
127 029
-
health
318
-
979
-
pensions
7 175
-
22 039
-
accident
42
-
127
-
unemployment
268
-
826
-
total
7 803
-
23 971
-
Corporate
101 842
151 000
-
-
income
20 369
30 200
-
-
total
20 369
30 200
-
-
Dividends

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

61 105
90 600
-
-
municipal
10 999
16 308
-
-
national
4 535
10 652
-
-
total
15 534
26 960
-
-
Income
151 000
151 000
151 000
151 000
Total tax
54 884
57 160
72 726
55 428
After tax
96 116
93 840
78 274
95 572
Living cost
30 178
30 178
30 178
30 178
Free-cash
65 938
63 662
48 096
65 394

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽43975
₽23802
₽36885
₽55645
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
-
-
-
151 000
communal

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

-
-
-
7 885
social contributions
-
-
-
19 597
national
-
-
-
57 973
total
-
-
-
85 455
Employee

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

56 226
-
116 953
-
health

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

2 642
-
5 497
-
communal

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

2 933
-
6 099
-
unemployment

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

489
-
1 017
-
pensions

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

4 217
-
8 771
-
national
17 286
-
43 106
-
total
27 567
-
64 490
-
Employer

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

56 226
-
116 953
-
health

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

3 458
-
7 193
-
pensions

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

4 982
-
10 363
-
surtax
6 375
-
13 264
-
accident

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

731
-
1 520
-
unemployment

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

820
-
1 708
-
total
16 366
-
34 048
-
Corporate
78 408
151 000
-
-
income
15 682
30 366
-
-
surtax
313
607
-
-
total
15 995
30 973
-
-
Dividends
62 413
120 027
-
-
withholding

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

18 437
35 722
-
-
total
18 437
35 722
-
-
Income
151 000
151 000
151 000
151 000
Total tax
78 365
66 695
98 538
85 455
After tax
72 635
84 305
52 462
65 545
Living cost
28 660
28 660
28 660
28 660
Free-cash
43 975
55 645
23 802
36 885

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽47589
₽42588
₽43416
₽48354
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
-
-
-
151 000
unemployment
-
-
-
75
municipal
-
-
-
38 573
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
13 274
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
73 492
Employee
48 578
-
127 524
-
national
-
-
12 816
-
municipal
14 486
-
38 028
-
total
14 486
-
50 844
-
Employer
48 578
-
127 524
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
87 158
151 000
-
-
income
19 175
33 220
-
-
total
19 175
33 220
-
-
Dividends
67 984
117 780
-
-
withholding
20 395
35 334
-
-
total
20 395
35 334
-
-
Income
151 000
151 000
151 000
151 000
Total tax
69 319
68 554
74 320
73 492
After tax
81 681
82 446
76 680
77 508
Living cost
34 092
34 092
34 092
34 092
Free-cash
47 589
48 354
42 588
43 416

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽11980
₽101415
₽66354
₽53869
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
-
-
-
151 000
income
-
-
-
29 433
social contributions
-
-
-
17 214
total
-
-
-
46 647
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
19 692
151 000
-
-
income
4 332
33 220
-
-
total
4 332
33 220
-
-
Dividends
15 360
117 780
-
-
income
3 379
25 912
-
-
total
3 379
25 912
-
-
Income
151 000
151 000
151 000
151 000
Total tax
101 021
59 132
11 586
46 647
After tax
49 979
91 868
139 414
104 353
Living cost
37 999
37 999
37 999
37 999
Free-cash
11 980
53 869
101 415
66 354

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽81359
₽75791
₽77086
₽84620
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
-
-
-
151 000
income
-
-
-
31 851
health
-
-
-
3 850
social contributions
-
-
-
12 718
total
-
-
-
48 419
Employee
60 443
60 443
141 615
-
health
601
1 028
2 408
-
income
6 347
5 595
31 155
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
40 329
-
Employer
60 443
60 443
141 615
-
health
655
1 119
2 619
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
9 385
-
Corporate
112 028
84 422
-
-
income
14 004
10 553
-
-
total
14 004
10 553
-
-
Dividends
98 024
73 869
-
-
withholding
16 665
12 558
-
-
total
16 665
12 558
-
-
Income
151 000
151 000
151 000
151 000
Total tax
44 146
40 885
49 714
48 419
After tax
106 854
110 115
101 286
102 581
Living cost
25 495
25 495
25 495
25 495
Free-cash
81 359
84 620
75 791
77 086

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽73269
₽57048
₽70621
₽68771
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
-
-
-
151 000
income
-
-
-
44 979
pensions
-
-
-
7 179
total
-
-
-
52 158
Employee
38 737
-
131 748
-
health
505
-
1 844
-
pensions
2 957
-
8 705
-
income
7 054
-
35 930
-
total
10 516
-
46 479
-
Employer
38 737
-
131 748
-
health
736
-
2 503
-
pensions
3 914
-
16 749
-
total
4 650
-
19 252
-
Corporate
107 613
151 000
-
-
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.

20 447
28 689
-
-
total
20 447
28 689
-
-
Dividends
87 166
122 311
-
-
withholding
13 897
25 319
-
-
total
13 897
25 319
-
-
Income
151 000
151 000
151 000
151 000
Total tax
49 510
54 008
65 731
52 158
After tax
101 490
96 992
85 269
98 842
Living cost
28 221
28 221
28 221
28 221
Free-cash
73 269
68 771
57 048
70 621

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽44646
₽31701
₽38325
₽48222
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
-
-
-
151 000
municipal
-
-
-
1 010
regional
-
-
-
3 472
social contributions
-
-
-
38 837
national
-
-
-
38 042
total
-
-
-
81 361
Employee
66 236
-
151 000
-
social contributions
22 335
-
50 918
-
regional
1 000
-
3 083
-
national
11 193
-
33 083
-
municipal
395
-
901
-
total
34 923
-
87 985
-
Employer
66 236
-
151 000
-
total
-
-
-
-
Corporate
84 764
151 000
-
-
nationa
20 343
36 240
-
-
municipal
4 086
7 278
-
-
total
24 429
43 518
-
-
Dividends
60 335
107 482
-
-
withholding
15 688
27 946
-
-
total
15 688
27 946
-
-
Income
151 000
151 000
151 000
151 000
Total tax
75 040
71 464
87 985
81 361
After tax
75 960
79 536
63 015
69 639
Living cost
31 314
31 314
31 314
31 314
Free-cash
44 646
48 222
31 701
38 325

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽9655
₽65816
₽86377
-₽4556
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
-
-
-
151 000
pensions
-
-
-
3 175
income
-
-
-
42 521
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
47 836
Employee
26 407
-
136 951
-
health
3 024
-
15 681
-
pensions
2 974
-
5 822
-
income
3 623
-
32 845
-
total
9 621
-
54 348
-
Employer
26 407
-
136 951
-
pensions
4 294
-
8 407
-
accident
441
-
2 287
-
unemployment
647
-
3 355
-
total
5 382
-
14 049
-
Corporate
119 211
151 000
-
-
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.

107 290
135 900
-
-
total
107 290
135 900
-
-
Dividends
11 921
15 100
-
-
withholding
2 265
2 869
-
-
total
2 265
2 869
-
-
Income
151 000
151 000
151 000
151 000
Total tax
124 558
138 769
68 397
47 836
After tax
26 442
12 231
82 603
103 164
Living cost
16 787
16 787
16 787
16 787
Free-cash
9 655
-4 556
65 816
86 377

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽57626
₽64573
₽48148
₽47345
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.

-
-
-
151 000
trade
-
-
-
16 425
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.

-
-
-
48 067
health

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

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

-
-
-
5 370
surtax

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

-
-
-
2 643
total
-
-
-
72 505
Employee

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

39 110
-
151 000
-
health

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

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

5 370
-
5 370
-
income

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

3 216
-
48 067
-
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
-
2 643
-
total
8 764
-
56 080
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
111 890
151 000
-
-
income
16 784
22 649
-
-
trade
16 056
21 668
-
-
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.

923
1 246
-
-
chamber of commerce
283
340
-
-
total
34 046
45 903
-
-
Dividends
77 843
105 097
-
-
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.

1 055
1 429
-
-
withholding
19 162
25 976
-
-
total
20 217
27 405
-
-
Income
151 000
151 000
151 000
151 000
Total tax
63 027
73 308
56 080
72 505
After tax
87 973
77 692
94 920
78 495
Living cost
30 347
30 347
30 347
30 347
Free-cash
57 626
47 345
64 573
48 148

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽97998
₽47940
₽36832
₽104447
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.

-
-
-
151 000
income
-
-
-
29 193
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 116
surtax
-
-
-
38 506
total
-
-
-
97 815
Employee
22 968
-
115 704
-
income
4 089
-
24 332
-
social contributions

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

2 527
-
10 304
-
surtax
-
-
16 777
-
total
6 616
-
51 413
-
Employer
22 968
-
115 704
-
social contributions

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

5 533
-
22 567
-
surtax
-
-
12 727
-
total
5 533
-
35 294
-
Corporate
122 499
151 000
-
-
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%.

24 500
30 200
-
-
total
24 500
30 200
-
-
Dividends

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

97 999
120 800
-
-
total
-
-
-
-
Income
151 000
151 000
151 000
151 000
Total tax
36 649
30 200
86 707
97 815
After tax
114 351
120 800
64 293
53 185
Living cost
16 353
16 353
16 353
16 353
Free-cash
97 998
104 447
47 940
36 832

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽82845
₽81942
₽82638
₽84451
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
-
-
-
151 000
income
-
-
-
46 293
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
58 589
Employee
14 885
-
142 981
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
45 918
-
total
5 112
-
51 265
-
Employer
14 885
-
142 981
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
132 766
151 000
-
-
income
29 209
33 220
-
-
total
29 209
33 220
-
-
Dividends
103 558
117 780
-
-
withholding
20 712
23 556
-
-
total
20 712
23 556
-
-
Income
151 000
151 000
151 000
151 000
Total tax
58 382
56 776
59 285
58 589
After tax
92 618
94 224
91 715
92 411
Living cost
9 773
9 773
9 773
9 773
Free-cash
82 845
84 451
81 942
82 638

Estimated living cost  is ₽9773 per week

₽5807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽74824
₽48830
₽53634
₽77325
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
-
-
-
151 000
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
44 038
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
7 064
total
-
-
-
79 711
Employee
26 471
-
128 918
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
39 336
-
other
-
-
-
-
surtax
94
-
6 123
-
total
8 816
-
62 433
-
Employer
26 471
-
128 918
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
118 956
151 000
-
-
income
30 928
39 260
-
-
total
30 928
39 260
-
-
Dividends
88 028
111 740
-
-
withholding
13 204
16 760
-
-
total
13 204
16 760
-
-
Income
151 000
151 000
151 000
151 000
Total tax
58 521
56 020
84 515
79 711
After tax
92 479
94 980
66 485
71 289
Living cost
17 655
17 655
17 655
17 655
Free-cash
74 824
77 325
48 830
53 634

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽58046
₽14820
₽52613
₽58436
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
-
-
-
151 000
pensions
-
-
-
16 988
chamber of commerce
-
-