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
₽ 152000
per

Your estimated
City
free-cash

Valencia , Spain
₽76139
₽60305
₽63595
₽79597
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
-
-
-
152 000
unemployment
-
-
-
509
income
-
-
-
45 062
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
66 854
Employee
28 978
-
128 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
42 372
-
other
28
-
73
-
total
7 426
-
46 986
-
Employer
28 978
-
128 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
113 783
152 000
-
-
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.

17 067
22 801
-
-
total
17 067
22 801
-
-
Dividends
96 716
129 199
-
-
withholding
20 579
28 051
-
-
total
20 579
28 051
-
-
Income
152 000
152 000
152 000
152 000
Total tax
54 310
50 852
70 144
66 854
After tax
97 690
101 148
81 856
85 146
Living cost
21 551
21 551
21 551
21 551
Free-cash
76 139
79 597
60 305
63 595

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽85499
₽65490
₽66804
₽90791
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
-
-
-
152 000
pensions

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

-
-
-
28 602
income
-
-
-
24 807
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
64 313
Employee
28 456
-
121 946
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
24 370
-
total
7 573
-
35 572
-
Employer
28 456
-
121 946
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
976
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 055
-
Corporate
116 373
152 000
-
-
income
24 438
31 920
-
-
total
24 438
31 920
-
-
Dividends
91 935
120 080
-
-
withholding
6 435
8 406
-
-
total
6 435
8 406
-
-
Income
152 000
152 000
152 000
152 000
Total tax
45 618
40 326
65 627
64 313
After tax
106 382
111 674
86 373
87 687
Living cost
20 883
20 883
20 883
20 883
Free-cash
85 499
90 791
65 490
66 804

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽116050
₽117736
₽111624
₽119689
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
-
-
-
152 000
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
22 800
health
-
-
-
3 147
total
-
-
-
30 106
Employee
13 600
-
146 632
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
14 663
-
total
3 330
-
18 626
-
Employer
13 600
-
146 632
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
135 732
152 000
-
-
income
13 573
15 200
-
-
total
13 573
15 200
-
-
Dividends
122 159
136 800
-
-
withholding
6 108
6 840
-
-
total
6 108
6 840
-
-
Income
152 000
152 000
152 000
152 000
Total tax
25 680
22 040
23 994
30 106
After tax
126 320
129 960
128 006
121 894
Living cost
10 270
10 270
10 270
10 270
Free-cash
116 050
119 689
117 736
111 624

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽54424
₽55135
₽58468
₽49795
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
-
-
-
152 000
income
-
-
-
25 038
other
-
-
-
4 712
health
-
-
-
6 864
social contributions
-
-
-
4 331
pensions
-
-
-
25 774
surtax
-
-
-
-
total
-
-
-
66 719
Employee
33 541
-
117 003
-
pensions
3 792
-
8 400
-
income
1 980
-
23 324
-
social contributions
956
-
3 333
-
surtax
-
-
-
-
total
6 728
-
35 057
-
Employer
33 541
-
117 003
-
health
2 348
-
11 137
-
social contributions
101
-
351
-
pensions
5 510
-
14 093
-
unemployment
1 358
-
4 738
-
other
1 157
-
4 676
-
total
10 474
-
34 995
-
Corporate
107 984
152 000
-
-
income
30 235
42 560
-
-
surtax
-
-
-
-
total
30 235
42 560
-
-
Dividends
77 749
109 440
-
-
social contributions
13 373
18 824
-
-
surtax
-
-
-
-
withholding
9 953
14 008
-
-
total
23 326
32 832
-
-
Income
152 000
152 000
152 000
152 000
Total tax
70 763
75 392
70 052
66 719
After tax
81 237
76 608
81 948
85 281
Living cost
26 813
26 813
26 813
26 813
Free-cash
54 424
49 795
55 135
58 468

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽37830
₽63648
₽50115
₽42631
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
-
-
-
152 000
pensions
-
-
-
9 182
income
-
-
-
50 208
health
-
-
-
9 664
total
-
-
-
69 054
Employee
66 925
66 925
137 436
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
22 110
-
total
33 274
28 874
40 956
-
Employer
66 925
66 925
137 436
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
74 176
73 355
-
-
income
14 835
14 672
-
-
total
14 835
14 672
-
-
Dividends
59 341
58 684
-
-
income
12 610
12 470
-
-
withholding
8 901
8 803
-
-
total
21 511
21 273
-
-
Income
152 000
152 000
152 000
152 000
Total tax
81 339
76 538
55 521
69 054
After tax
70 661
75 462
96 479
82 946
Living cost
32 831
32 831
32 831
32 831
Free-cash
37 830
42 631
63 648
50 115

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽61572
₽71705
₽53504
₽52902
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.

-
-
-
152 000
trade
-
-
-
18 201
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.

-
-
-
48 533
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 670
total
-
-
-
74 758
Employee

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

29 975
-
152 000
-
health

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

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

5 354
-
5 354
-
income

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

837
-
48 533
-
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
-
2 670
-
total
6 237
-
56 557
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
122 025
152 000
-
-
income
18 303
22 801
-
-
trade
19 219
23 940
-
-
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.

1 007
1 254
-
-
chamber of commerce
294
338
-
-
total
38 823
48 333
-
-
Dividends
83 201
103 668
-
-
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.

1 127
1 408
-
-
withholding
20 503
25 619
-
-
total
21 630
27 027
-
-
Income
152 000
152 000
152 000
152 000
Total tax
66 690
75 360
56 557
74 758
After tax
85 310
76 640
95 443
77 242
Living cost
23 738
23 738
23 738
23 738
Free-cash
61 572
52 902
71 705
53 504

Estimated living cost  is ₽23738 per week

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

Additional information

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

Larnaca , Cyprus
₽88432
₽83749
₽85048
₽92693
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
-
-
-
152 000
income
-
-
-
32 251
health
-
-
-
3 876
social contributions
-
-
-
12 680
total
-
-
-
48 807
Employee
60 263
60 263
142 616
-
health
467
1 025
2 424
-
income
6 562
5 579
31 552
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
40 722
-
Employer
60 263
60 263
142 616
-
health
507
1 115
2 638
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 384
-
Corporate
121 762
85 620
-
-
income
15 220
10 702
-
-
total
15 220
10 702
-
-
Dividends
106 542
74 918
-
-
withholding
18 111
12 737
-
-
total
18 111
12 737
-
-
Income
152 000
152 000
152 000
152 000
Total tax
45 423
41 162
50 106
48 807
After tax
106 577
110 838
101 894
103 193
Living cost
18 145
18 145
18 145
18 145
Free-cash
88 432
92 693
83 749
85 048

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽61088
₽44402
₽55927
₽61876
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.

-
-
-
152 000
income
-
-
-
18 671
social contributions

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

-
-
-
52 820
surtax
-
-
-
-
total
-
-
-
71 491
Employee
36 044
-
122 828
-
income
7 497
-
40 333
-
social contributions
3 965
-
13 511
-
surtax
-
-
-
-
total
11 462
-
53 844
-
Employer
36 044
-
122 828
-
social contributions
8 560
-
29 172
-
total
8 560
-
29 172
-
Corporate
107 395
152 000
-
-
income
22 552
31 920
-
-
surtax
-
-
-
-
total
22 552
31 920
-
-
Dividends
84 843
120 080
-
-
withholding
23 756
33 622
-
-
total
23 756
33 622
-
-
Income
152 000
152 000
152 000
152 000
Total tax
66 330
65 542
83 016
71 491
After tax
85 670
86 458
68 984
80 509
Living cost
24 582
24 582
24 582
24 582
Free-cash
61 088
61 876
44 402
55 927

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽137188
₽115526
₽144406
₽138326
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%.

-
-
-
152 000
microenterprise

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

-
-
-
1 520
total
-
-
-
1 520
Employee
7 592
-
152 000
-
income
1 518
-
30 400
-
total
1 518
-
30 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

144 408
152 000
-
-
total
-
-
-
-
Dividends
144 408
152 000
-
-
withholding
7 220
7 600
-
-
total
7 220
7 600
-
-
Income
152 000
152 000
152 000
152 000
Total tax
8 738
7 600
30 400
1 520
After tax
143 262
144 400
121 600
150 480
Living cost
6 074
6 074
6 074
6 074
Free-cash
137 188
138 326
115 526
144 406

Estimated living cost  is ₽6074 per week

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

Additional information

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

Ljubljana , Slovenia
₽77076
₽48485
₽52112
₽83631
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.

-
-
-
152 000
pensions
-
-
-
27 759
unemployment
-
-
-
228
income
-
-
-
35 923
health
-
-
-
14 957
total
-
-
-
78 867
Employee

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

34 656
-
131 522
-
health
2 238
-
8 495
-
unemployment
49
-
184
-
pensions
5 372
-
20 385
-
income
5 976
-
32 954
-
total
13 635
-
62 018
-
Employer

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

34 656
-
131 522
-
health
2 308
-
8 758
-
pensions
3 067
-
11 639
-
unemployment
21
-
79
-
total
5 396
-
20 476
-
Corporate
111 949
152 000
-
-
income
21 270
28 880
-
-
total
21 270
28 880
-
-
Dividends
90 678
123 120
-
-
withholding
13 602
18 468
-
-
total
13 602
18 468
-
-
Income
152 000
152 000
152 000
152 000
Total tax
53 903
47 348
82 494
78 867
After tax
98 097
104 652
69 506
73 133
Living cost
21 021
21 021
21 021
21 021
Free-cash
77 076
83 631
48 485
52 112

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽68949
₽78775
₽95795
₽66211
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.

-
-
-
152 000
income
-
-
-
22 801
health

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

-
-
-
4 955
total
-
-
-
27 756
Employee
35 952
-
148 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
37 566
-
total
7 503
-
41 171
-
Employer
35 952
-
148 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
112 446
152 000
-
-
income
39 357
53 200
-
-
total
39 357
53 200
-
-
Dividends
73 090
98 800
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
152 000
152 000
152 000
152 000
Total tax
54 602
57 340
44 776
27 756
After tax
97 398
94 660
107 224
124 244
Living cost
28 449
28 449
28 449
28 449
Free-cash
68 949
66 211
78 775
95 795

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽76521
₽77451
₽80995
₽76116
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
-
-
-
152 000
income
-
-
-
22 801
health
-
-
-
10 610
social contributions
-
-
-
20 976
total
-
-
-
54 387
Employee
26 572
-
152 000
-
health
1 855
-
10 610
-
income
4 432
-
26 345
-
social contributions
3 668
-
20 976
-
total
9 955
-
57 931
-
Employer
26 572
-
152 000
-
total
-
-
-
-
Corporate
125 428
152 000
-
-
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%.

6 272
7 600
-
-
total
6 272
7 600
-
-
Dividends
119 156
144 400
-
-
social contributions
16 443
19 927
-
-
withholding
17 874
21 660
-
-
health
8 317
10 079
-
-
total
42 634
51 666
-
-
Income
152 000
152 000
152 000
152 000
Total tax
58 861
59 266
57 931
54 387
After tax
93 139
92 734
94 069
97 613
Living cost
16 618
16 618
16 618
16 618
Free-cash
76 521
76 116
77 451
80 995

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽74890
₽60268
₽66778
₽82715
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
-
-
-
152 000
income
-
-
-
15 879
health
-
-
-
20 520
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
1 269
total
-
-
-
63 285
Employee
32 261
-
119 328
-
health
4 355
-
16 109
-
solidarity contribution
-
-
685
-
income
3 871
-
14 627
-
social contributions
2 097
-
5 702
-
total
10 323
-
37 123
-
Employer
32 261
-
119 328
-
health
2 903
-
10 740
-
social contributions
8 065
-
21 932
-
total
10 968
-
32 672
-
Corporate
108 771
152 000
-
-
income
20 666
28 880
-
-
total
20 666
28 880
-
-
Dividends
88 104
123 120
-
-
withholding
13 216
18 468
-
-
total
13 216
18 468
-
-
Income
152 000
152 000
152 000
152 000
Total tax
55 173
47 348
69 795
63 285
After tax
96 827
104 652
82 205
88 715
Living cost
21 937
21 937
21 937
21 937
Free-cash
74 890
82 715
60 268
66 778

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽133161
₽112135
₽141015
₽134935
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%.

-
-
-
152 000
microenterprise

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

-
-
-
1 520
total
-
-
-
1 520
Employee
11 832
-
152 000
-
income
2 366
-
30 400
-
total
2 366
-
30 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

140 168
152 000
-
-
total
-
-
-
-
Dividends
140 168
152 000
-
-
withholding
7 008
7 600
-
-
total
7 008
7 600
-
-
Income
152 000
152 000
152 000
152 000
Total tax
9 374
7 600
30 400
1 520
After tax
142 626
144 400
121 600
150 480
Living cost
9 465
9 465
9 465
9 465
Free-cash
133 161
134 935
112 135
141 015

Estimated living cost  is ₽9465 per week

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

Additional information

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

Paris , France
₽44145
₽44096
₽47429
₽38756
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
-
-
-
152 000
income
-
-
-
25 038
other
-
-
-
4 712
health
-
-
-
6 864
social contributions
-
-
-
4 331
pensions
-
-
-
25 774
surtax
-
-
-
-
total
-
-
-
66 719
Employee
49 085
-
117 003
-
pensions
5 552
-
8 400
-
income
4 283
-
23 324
-
social contributions
1 398
-
3 333
-
surtax
-
-
-
-
total
11 233
-
35 057
-
Employer
49 085
-
117 003
-
health
3 435
-
11 137
-
social contributions
147
-
351
-
pensions
8 065
-
14 093
-
unemployment
1 988
-
4 738
-
other
1 694
-
4 676
-
total
15 329
-
34 995
-
Corporate
87 585
152 000
-
-
income
24 524
42 560
-
-
surtax
-
-
-
-
total
24 524
42 560
-
-
Dividends
63 060
109 440
-
-
social contributions
10 846
18 824
-
-
surtax
-
-
-
-
withholding
8 071
14 008
-
-
total
18 917
32 832
-
-
Income
152 000
152 000
152 000
152 000
Total tax
70 003
75 392
70 052
66 719
After tax
81 997
76 608
81 948
85 281
Living cost
37 852
37 852
37 852
37 852
Free-cash
44 145
38 756
44 096
47 429

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽92463
₽81925
₽81925
₽96308
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.

-
-
-
152 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
34 736
health
-
-
-
5 948
total
-
-
-
56 563
Employee

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

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

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

20 376
-
141 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
34 736
-
total
6 864
-
46 227
-
Employer

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

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

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

20 376
-
141 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
127 977
152 000
-
-
income
19 197
22 800
-
-
total
19 197
22 800
-
-
Dividends
108 781
129 200
-
-
withholding
16 317
19 380
-
-
total
16 317
19 380
-
-
Income
152 000
152 000
152 000
152 000
Total tax
46 025
42 180
56 563
56 563
After tax
105 975
109 820
95 437
95 437
Living cost
13 512
13 512
13 512
13 512
Free-cash
92 463
96 308
81 925
81 925

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽39017
₽61816
₽67538
₽16217
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
-
-
-
152 000
pensions
-
-
-
13 985
city
-
-
-
1 603
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.

-
-
-
3 040
health
-
-
-
342
regional
-
-
-
8 416
national
-
-
-
3 787
total
-
-
-
31 173
Employee
62 361
-
136 703
-
health
141
-
308
-
unemployment
-
-
-
-
city
669
-
1 477
-
pensions
5 239
-
10 751
-
regional
2 042
-
7 471
-
national
295
-
3 094
-
total
8 386
-
23 101
-
Employer
62 361
-
136 703
-
health
141
-
308
-
pensions
5 239
-
10 751
-
unemployment
-
-
-
-
other

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

1 247
-
2 735
-
total
6 627
-
13 794
-
Corporate
82 326
152 000
-
-
regional
17 412
32 148
-
-
national
6 998
12 920
-
-
total
24 410
45 068
-
-
Dividends
57 916
106 932
-
-
withholding
20 271
37 426
-
-
total
20 271
37 426
-
-
Income
152 000
152 000
152 000
152 000
Total tax
59 694
82 494
36 895
31 173
After tax
92 306
69 506
115 105
120 827
Living cost
53 289
53 289
53 289
53 289
Free-cash
39 017
16 217
61 816
67 538

Estimated living cost  is ₽53289 per week

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

Additional information

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

Helsinki , Finland
₽66593
₽48510
₽65922
₽64291
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

-
-
-
152 000
municipal
-
-
-
26 998
health
-
-
-
2 014
national
-
-
-
26 977
total
-
-
-
55 989
Employee
41 232
-
127 871
-
health
308
-
1 642
-
unemployment
619
-
1 919
-
pensions
2 783
-
8 632
-
national
681
-
16 256
-
municipal
6 754
-
20 823
-
total
11 145
-
49 272
-
Employer
41 232
-
127 871
-
health
317
-
985
-
pensions
7 154
-
22 185
-
accident
42
-
128
-
unemployment
268
-
831
-
total
7 781
-
24 129
-
Corporate
102 988
152 000
-
-
income
20 598
30 400
-
-
total
20 598
30 400
-
-
Dividends

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

61 792
91 200
-
-
municipal
11 123
16 416
-
-
national
4 671
10 804
-
-
total
15 794
27 220
-
-
Income
152 000
152 000
152 000
152 000
Total tax
55 318
57 620
73 401
55 989
After tax
96 682
94 380
78 599
96 011
Living cost
30 089
30 089
30 089
30 089
Free-cash
66 593
64 291
48 510
65 922

Estimated living cost  is ₽30089 per week

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

Additional information

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

Brussels , Belgium
₽44651
₽24162
₽37413
₽56195
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
-
-
-
152 000
communal

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

-
-
-
7 948
social contributions
-
-
-
19 539
national
-
-
-
58 525
total
-
-
-
86 012
Employee

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

56 059
-
117 730
-
health

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

2 634
-
5 532
-
communal

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

2 924
-
6 141
-
unemployment

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

488
-
1 025
-
pensions

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

4 204
-
8 830
-
national
17 235
-
43 466
-
total
27 485
-
64 994
-
Employer

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

56 059
-
117 730
-
health

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

3 447
-
7 240
-
pensions

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

4 967
-
10 431
-
surtax
6 356
-
13 349
-
accident

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

729
-
1 530
-
unemployment

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

818
-
1 719
-
total
16 317
-
34 269
-
Corporate
79 623
152 000
-
-
income
15 925
30 695
-
-
surtax
318
614
-
-
total
16 243
31 309
-
-
Dividends
63 380
120 691
-
-
withholding

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

18 729
35 921
-
-
total
18 729
35 921
-
-
Income
152 000
152 000
152 000
152 000
Total tax
78 774
67 230
99 263
86 012
After tax
73 226
84 770
52 737
65 988
Living cost
28 575
28 575
28 575
28 575
Free-cash
44 651
56 195
24 162
37 413

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽48215
₽43100
₽43924
₽48979
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
-
-
-
152 000
unemployment
-
-
-
75
municipal
-
-
-
38 887
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
13 581
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
74 063
Employee
48 465
-
128 578
-
national
-
-
13 125
-
municipal
14 452
-
38 342
-
total
14 452
-
51 467
-
Employer
48 465
-
128 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
88 308
152 000
-
-
income
19 428
33 440
-
-
total
19 428
33 440
-
-
Dividends
68 880
118 560
-
-
withholding
20 664
35 568
-
-
total
20 664
35 568
-
-
Income
152 000
152 000
152 000
152 000
Total tax
69 772
69 008
74 888
74 063
After tax
82 228
82 992
77 112
77 937
Living cost
34 012
34 012
34 012
34 012
Free-cash
48 215
48 979
43 100
43 924

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽12844
₽102574
₽67167
₽54600
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
-
-
-
152 000
income
-
-
-
29 628
social contributions
-
-
-
17 328
total
-
-
-
46 956
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
21 112
152 000
-
-
income
4 645
33 440
-
-
total
4 645
33 440
-
-
Dividends
16 467
118 560
-
-
income
3 623
26 083
-
-
total
3 623
26 083
-
-
Income
152 000
152 000
152 000
152 000
Total tax
101 279
59 523
11 549
46 956
After tax
50 721
92 477
140 451
105 044
Living cost
37 877
37 877
37 877
37 877
Free-cash
12 844
54 600
102 574
67 167

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽82172
₽76475
₽77774
₽85419
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
-
-
-
152 000
income
-
-
-
32 251
health
-
-
-
3 876
social contributions
-
-
-
12 680
total
-
-
-
48 807
Employee
60 263
60 263
142 616
-
health
599
1 025
2 424
-
income
6 328
5 579
31 552
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
40 722
-
Employer
60 263
60 263
142 616
-
health
653
1 115
2 638
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 384
-
Corporate
113 143
85 620
-
-
income
14 144
10 702
-
-
total
14 144
10 702
-
-
Dividends
99 000
74 918
-
-
withholding
16 829
12 737
-
-
total
16 829
12 737
-
-
Income
152 000
152 000
152 000
152 000
Total tax
44 409
41 162
50 106
48 807
After tax
107 591
110 838
101 894
103 193
Living cost
25 419
25 419
25 419
25 419
Free-cash
82 172
85 419
76 475
77 774

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽73843
₽57610
₽71264
₽69358
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
-
-
-
152 000
income
-
-
-
45 413
pensions
-
-
-
7 187
total
-
-
-
52 600
Employee
38 621
-
132 609
-
health
504
-
1 850
-
pensions
2 948
-
8 703
-
income
7 033
-
36 310
-
total
10 485
-
46 863
-
Employer
38 621
-
132 609
-
health
734
-
2 519
-
pensions
3 902
-
16 872
-
total
4 636
-
19 391
-
Corporate
108 743
152 000
-
-
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.

20 661
28 880
-
-
total
20 661
28 880
-
-
Dividends
88 083
123 120
-
-
withholding
14 239
25 626
-
-
total
14 239
25 626
-
-
Income
152 000
152 000
152 000
152 000
Total tax
50 021
54 506
66 254
52 600
After tax
101 979
97 494
85 746
99 400
Living cost
28 136
28 136
28 136
28 136
Free-cash
73 843
69 358
57 610
71 264

Estimated living cost  is ₽28136 per week

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

Additional information

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

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

Rome , Italy
₽45277
₽32134
₽38778
₽48842
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
-
-
-
152 000
municipal
-
-
-
1 016
regional
-
-
-
3 499
social contributions
-
-
-
39 095
national
-
-
-
38 391
total
-
-
-
82 001
Employee
66 040
-
152 000
-
social contributions
22 268
-
51 254
-
regional
997
-
3 105
-
national
11 160
-
33 379
-
municipal
394
-
907
-
total
34 819
-
88 645
-
Employer
66 040
-
152 000
-
total
-
-
-
-
Corporate
85 960
152 000
-
-
nationa
20 631
36 480
-
-
municipal
4 143
7 326
-
-
total
24 774
43 806
-
-
Dividends
61 186
108 194
-
-
withholding
15 909
28 131
-
-
total
15 909
28 131
-
-
Income
152 000
152 000
152 000
152 000
Total tax
75 502
71 937
88 645
82 001
After tax
76 498
80 063
63 355
69 999
Living cost
31 221
31 221
31 221
31 221
Free-cash
45 277
48 842
32 134
38 778

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽9743
₽66461
₽87106
-₽4425
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
-
-
-
152 000
pensions
-
-
-
3 165
income
-
-
-
42 859
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
48 157
Employee
26 328
-
137 936
-
health
3 015
-
15 793
-
pensions
2 965
-
5 804
-
income
3 612
-
33 142
-
total
9 592
-
54 739
-
Employer
26 328
-
137 936
-
pensions
4 281
-
8 381
-
accident
440
-
2 303
-
unemployment
645
-
3 379
-
total
5 366
-
14 063
-
Corporate
120 307
152 000
-
-
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.

108 276
136 800
-
-
total
108 276
136 800
-
-
Dividends
12 031
15 200
-
-
withholding
2 286
2 888
-
-
total
2 286
2 888
-
-
Income
152 000
152 000
152 000
152 000
Total tax
125 520
139 688
68 802
48 157
After tax
26 480
12 312
83 198
103 843
Living cost
16 737
16 737
16 737
16 737
Free-cash
9 743
-4 425
66 461
87 106

Estimated living cost  is ₽16737 per week

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

Additional information

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

Berlin , Germany
₽58199
₽65186
₽48603
₽47946
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.

-
-
-
152 000
trade
-
-
-
16 583
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.

-
-
-
48 533
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 670
total
-
-
-
73 140
Employee

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

38 994
-
152 000
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
48 533
-
surtax

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

177
-
2 670
-
total
8 737
-
56 557
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
113 006
152 000
-
-
income
16 951
22 801
-
-
trade
16 217
21 812
-
-
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.

932
1 254
-
-
chamber of commerce
284
342
-
-
total
34 384
46 209
-
-
Dividends
78 621
105 792
-
-
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.

1 065
1 438
-
-
withholding
19 358
26 150
-
-
total
20 423
27 588
-
-
Income
152 000
152 000
152 000
152 000
Total tax
63 544
73 797
56 557
73 140
After tax
88 456
78 203
95 443
78 860
Living cost
30 257
30 257
30 257
30 257
Free-cash
58 199
47 946
65 186
48 603

Estimated living cost  is ₽30257 per week

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

Additional information

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

Riga , Latvia
₽98869
₽48502
₽37348
₽105296
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.

-
-
-
152 000
income
-
-
-
29 561
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
38 760
total
-
-
-
98 348
Employee
22 900
-
116 666
-
income
4 076
-
24 670
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
16 917
-
total
6 595
-
51 861
-
Employer
22 900
-
116 666
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
12 833
-
total
5 516
-
35 333
-
Corporate
123 584
152 000
-
-
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%.

24 716
30 400
-
-
total
24 716
30 400
-
-
Dividends

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

98 867
121 600
-
-
total
-
-
-
-
Income
152 000
152 000
152 000
152 000
Total tax
36 827
30 400
87 194
98 348
After tax
115 173
121 600
64 806
53 652
Living cost
16 304
16 304
16 304
16 304
Free-cash
98 869
105 296
48 502
37 348

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽83504
₽82642
₽83336
₽85105
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
-
-
-
152 000
income
-
-
-
46 662
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
58 921
Employee
14 840
-
144 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
46 289
-
total
5 097
-
51 619
-
Employer
14 840
-
144 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
133 821
152 000
-
-
income
29 441
33 440
-
-
total
29 441
33 440
-
-
Dividends
104 381
118 560
-
-
withholding
20 876
23 712
-
-
total
20 876
23 712
-
-
Income
152 000
152 000
152 000
152 000
Total tax
58 753
57 152
59 615
58 921
After tax
93 247
94 848
92 385
93 079
Living cost
9 743
9 743
9 743
9 743
Free-cash
83 504
85 105
82 642
83 336

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽75510
₽49349
₽54142
₽78004
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
-
-
-
152 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
44 559
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
7 173
total
-
-
-
80 255
Employee
26 392
-
129 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
39 871
-
other
-
-
-
-
surtax
94
-
6 236
-
total
8 791
-
63 031
-
Employer
26 392
-
129 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
120 051
152 000
-
-
income
31 214
39 520
-
-
total
31 214
39 520
-
-
Dividends
88 837
112 480
-
-
withholding
13 326
16 873
-
-
total
13 326
16 873
-
-
Income
152 000
152 000
152 000
152 000
Total tax
58 887
56 393
85 048
80 255
After tax
93 113
95 607
66 952
71 745
Living cost
17 603
17 603
17 603
17 603
Free-cash
75 510
78 004
49 349
54 142

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽58661
₽15140
₽53204
₽59048
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
-
-
-
152 000
pensions
-
-
-
16 938
chamber of commerce
-
-