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
₽ 153000
per

Your estimated
City
free-cash

Valencia , Spain
₽76902
₽60966
₽64238
₽80348
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
-
-
-
153 000
unemployment
-
-
-
506
income
-
-
-
45 624
other
-
-
-
73
accident
-
-
-
651
pensions
-
-
-
20 459
total
-
-
-
67 313
Employee
28 840
-
129 953
-
unemployment
447
-
1 120
-
pensions
1 356
-
3 398
-
income
5 560
-
42 946
-
other
28
-
73
-
total
7 391
-
47 537
-
Employer
28 840
-
129 953
-
pensions
6 806
-
17 062
-
accident
571
-
1 431
-
unemployment
1 587
-
3 976
-
other
231
-
579
-
total
9 195
-
23 048
-
Corporate
114 965
153 000
-
-
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.

17 245
22 950
-
-
total
17 245
22 950
-
-
Dividends
97 720
130 050
-
-
withholding
20 818
28 253
-
-
total
20 818
28 253
-
-
Income
153 000
153 000
153 000
153 000
Total tax
54 649
51 203
70 585
67 313
After tax
98 351
101 797
82 415
85 687
Living cost
21 448
21 448
21 448
21 448
Free-cash
76 902
80 348
60 966
64 238

Estimated living cost  is ₽21448 per week

₽14477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽4534
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
₽86357
₽66461
₽67779
₽91626
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
-
-
-
153 000
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.

-
-
-
28 466
income
-
-
-
25 120
other
-
-
-
5 633
health
-
-
-
5 219
total
-
-
-
64 438
Employee
28 320
-
123 076
-
health
397
-
1 661
-
unemployment
283
-
1 186
-
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.

1 982
-
8 302
-
income
4 876
-
24 682
-
total
7 538
-
35 831
-
Employer
28 320
-
123 076
-
health
397
-
1 661
-
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.

4 815
-
20 164
-
accident
226
-
984
-
unemployment
283
-
1 186
-
other
1 417
-
5 930
-
total
7 138
-
29 925
-
Corporate
117 543
153 000
-
-
income
24 685
32 130
-
-
total
24 685
32 130
-
-
Dividends
92 858
120 870
-
-
withholding
6 499
8 461
-
-
total
6 499
8 461
-
-
Income
153 000
153 000
153 000
153 000
Total tax
45 860
40 591
65 756
64 438
After tax
107 140
112 409
87 244
88 562
Living cost
20 783
20 783
20 783
20 783
Free-cash
86 357
91 626
66 461
67 779

Estimated living cost  is ₽20783 per week

₽14685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
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.
₽4361
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
₽116963
₽118715
₽112546
₽120587
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
-
-
-
153 000
pensions

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

-
-
-
4 033
unemployment
-
-
-
109
income
-
-
-
22 950
health
-
-
-
3 134
total
-
-
-
30 226
Employee
13 543
-
147 654
-
health
623
-
1 253
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
pensions

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

1 189
-
2 393
-
income
1 354
-
14 765
-
total
3 315
-
18 711
-
Employer
13 543
-
147 654
-
health
935
-
1 880
-
pensions

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

1 493
-
3 003
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
unemployment
81
-
163
-
total
2 658
-
5 346
-
Corporate
136 799
153 000
-
-
income
13 680
15 300
-
-
total
13 680
15 300
-
-
Dividends
123 120
137 700
-
-
withholding
6 156
6 885
-
-
total
6 156
6 885
-
-
Income
153 000
153 000
153 000
153 000
Total tax
25 809
22 185
24 057
30 226
After tax
127 191
130 815
128 943
122 774
Living cost
10 228
10 228
10 228
10 228
Free-cash
116 963
120 587
118 715
112 546

Estimated living cost  is ₽10228 per week

₽5971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
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.
₽3255
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
₽55031
₽55623
₽58985
₽50427
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
-
-
-
153 000
income
-
-
-
25 476
other
-
-
-
4 742
health
-
-
-
6 957
social contributions
-
-
-
4 359
pensions
-
-
-
25 795
surtax
-
-
-
-
total
-
-
-
67 329
Employee
33 382
-
117 684
-
pensions
3 774
-
8 484
-
income
1 970
-
23 537
-
social contributions
952
-
3 354
-
surtax
-
-
-
-
total
6 696
-
35 375
-
Employer
33 382
-
117 684
-
health
2 337
-
11 246
-
social contributions
101
-
354
-
pensions
5 484
-
14 231
-
unemployment
1 351
-
4 766
-
other
1 152
-
4 719
-
total
10 425
-
35 316
-
Corporate
109 193
153 000
-
-
income
30 574
42 840
-
-
surtax
-
-
-
-
total
30 574
42 840
-
-
Dividends
78 619
110 160
-
-
social contributions
13 524
18 947
-
-
surtax
-
-
-
-
withholding
10 064
14 100
-
-
total
23 588
33 047
-
-
Income
153 000
153 000
153 000
153 000
Total tax
71 283
75 887
70 691
67 329
After tax
81 717
77 113
82 309
85 671
Living cost
26 686
26 686
26 686
26 686
Free-cash
55 031
50 427
55 623
58 985

Estimated living cost  is ₽26686 per week

₽16826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7236
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
₽38530
₽64611
₽50709
₽43308
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
-
-
-
153 000
pensions
-
-
-
9 138
income
-
-
-
50 861
health
-
-
-
9 618
total
-
-
-
69 617
Employee
66 607
66 607
138 505
-
health
10 223
8 696
9 618
-
pensions
11 989
9 138
9 138
-
income

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

10 902
10 902
22 464
-
total
33 114
28 736
41 220
-
Employer
66 607
66 607
138 505
-
health
4 630
4 630
5 753
-
pensions
4 636
4 636
5 762
-
unemployment
2 398
2 398
2 980
-
total
11 664
11 664
14 495
-
Corporate
75 546
74 729
-
-
income
15 109
14 947
-
-
total
15 109
14 947
-
-
Dividends
60 437
59 783
-
-
income
12 843
12 704
-
-
withholding
9 066
8 967
-
-
total
21 909
21 671
-
-
Income
153 000
153 000
153 000
153 000
Total tax
81 796
77 018
55 715
69 617
After tax
71 204
75 982
97 285
83 383
Living cost
32 674
32 674
32 674
32 674
Free-cash
38 530
43 308
64 611
50 709

Estimated living cost  is ₽32674 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6054
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
₽62144
₽72325
₽53939
₽53516
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.

-
-
-
153 000
trade
-
-
-
18 386
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.

-
-
-
49 024
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.

-
-
-
5 329
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.

-
-
-
2 697
total
-
-
-
75 436
Employee

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

29 833
-
153 000
-
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.

5 329
-
5 329
-
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.

833
-
49 024
-
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
-
2 697
-
total
6 208
-
57 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 167
153 000
-
-
income
18 475
22 950
-
-
trade
19 399
24 097
-
-
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.

1 017
1 263
-
-
chamber of commerce
296
339
-
-
total
39 187
48 649
-
-
Dividends
83 980
104 352
-
-
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.

1 138
1 418
-
-
withholding
20 698
25 792
-
-
total
21 836
27 210
-
-
Income
153 000
153 000
153 000
153 000
Total tax
67 231
75 859
57 050
75 436
After tax
85 769
77 141
95 950
77 564
Living cost
23 625
23 625
23 625
23 625
Free-cash
62 144
53 516
72 325
53 939

Estimated living cost  is ₽23625 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5568
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
₽89258
₽84431
₽85734
₽93504
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
-
-
-
153 000
income
-
-
-
32 685
health
-
-
-
3 902
social contributions
-
-
-
12 620
total
-
-
-
49 207
Employee
59 977
59 977
143 629
-
health
465
1 020
2 442
-
income
6 530
5 552
31 983
-
social contributions
2 268
4 978
6 714
-
total
9 263
11 550
41 139
-
Employer
59 977
59 977
143 629
-
health
505
1 110
2 657
-
social contributions
2 268
4 978
6 714
-
total
2 773
6 088
9 371
-
Corporate
122 906
86 936
-
-
income
15 364
10 867
-
-
total
15 364
10 867
-
-
Dividends
107 542
76 068
-
-
withholding
18 283
12 932
-
-
total
18 283
12 932
-
-
Income
153 000
153 000
153 000
153 000
Total tax
45 683
41 437
50 510
49 207
After tax
107 317
111 563
102 490
103 793
Living cost
18 059
18 059
18 059
18 059
Free-cash
89 258
93 504
84 431
85 734

Estimated living cost  is ₽18059 per week

₽10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
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.
₽5065
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
₽61775
₽44871
₽56473
₽62561
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.

-
-
-
153 000
income
-
-
-
18 895
social contributions

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

-
-
-
53 167
surtax
-
-
-
-
total
-
-
-
72 062
Employee
35 873
-
123 637
-
income
7 462
-
40 701
-
social contributions
3 946
-
13 600
-
surtax
-
-
-
-
total
11 408
-
54 301
-
Employer
35 873
-
123 637
-
social contributions
8 520
-
29 363
-
total
8 520
-
29 363
-
Corporate
108 607
153 000
-
-
income
22 808
32 130
-
-
surtax
-
-
-
-
total
22 808
32 130
-
-
Dividends
85 800
120 870
-
-
withholding
24 024
33 844
-
-
total
24 024
33 844
-
-
Income
153 000
153 000
153 000
153 000
Total tax
66 760
65 974
83 664
72 062
After tax
86 240
87 026
69 336
80 938
Living cost
24 465
24 465
24 465
24 465
Free-cash
61 775
62 561
44 871
56 473

Estimated living cost  is ₽24465 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
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.
₽4309
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
₽138440
₽116581
₽145651
₽139531
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%.

-
-
-
153 000
microenterprise

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

-
-
-
1 530
total
-
-
-
1 530
Employee
7 274
-
153 000
-
income
1 455
-
30 600
-
total
1 455
-
30 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

145 726
153 000
-
-
total
-
-
-
-
Dividends
145 726
153 000
-
-
withholding
7 286
7 650
-
-
total
7 286
7 650
-
-
Income
153 000
153 000
153 000
153 000
Total tax
8 741
7 650
30 600
1 530
After tax
144 259
145 350
122 400
151 470
Living cost
5 819
5 819
5 819
5 819
Free-cash
138 440
139 531
116 581
145 651

Estimated living cost  is ₽5819 per week

₽3606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
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.
₽1569
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
₽77896
₽48961
₽52483
₽84420
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.

-
-
-
153 000
pensions
-
-
-
27 942
unemployment
-
-
-
229
income
-
-
-
36 370
health
-
-
-
15 055
total
-
-
-
79 596
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.

34 491
-
132 387
-
health
2 228
-
8 551
-
unemployment
49
-
185
-
pensions
5 346
-
20 519
-
income
5 948
-
33 250
-
total
13 571
-
62 505
-
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.

34 491
-
132 387
-
health
2 297
-
8 816
-
pensions
3 052
-
11 717
-
unemployment
21
-
80
-
total
5 370
-
20 613
-
Corporate
113 139
153 000
-
-
income
21 496
29 070
-
-
total
21 496
29 070
-
-
Dividends
91 643
123 930
-
-
withholding
13 746
18 589
-
-
total
13 746
18 589
-
-
Income
153 000
153 000
153 000
153 000
Total tax
54 183
47 659
83 118
79 596
After tax
98 817
105 341
69 882
73 404
Living cost
20 921
20 921
20 921
20 921
Free-cash
77 896
84 420
48 961
52 483

Estimated living cost  is ₽20921 per week

₽14358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽4818
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
₽69742
₽79520
₽96758
₽67015
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.

-
-
-
153 000
income
-
-
-
22 950
health

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

-
-
-
4 979
total
-
-
-
27 929
Employee
35 781
-
149 412
-
social contributions
3 585
-
3 588
-
income
3 882
-
37 991
-
total
7 467
-
41 579
-
Employer
35 781
-
149 412
-
social contributions
3 585
-
3 588
-
total
3 585
-
3 588
-
Corporate
113 634
153 000
-
-
income
39 772
53 551
-
-
total
39 772
53 551
-
-
Dividends
73 863
99 449
-
-
social contributions
4 121
4 121
-
-
total
4 121
4 121
-
-
Income
153 000
153 000
153 000
153 000
Total tax
54 945
57 672
45 167
27 929
After tax
98 055
95 328
107 833
125 071
Living cost
28 313
28 313
28 313
28 313
Free-cash
69 742
67 015
79 520
96 758

Estimated living cost  is ₽28313 per week

₽18650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽6997
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
₽77209
₽78104
₽81718
₽76805
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
-
-
-
153 000
income
-
-
-
22 950
health
-
-
-
10 679
social contributions
-
-
-
21 114
total
-
-
-
54 743
Employee
26 446
-
153 000
-
health
1 846
-
10 679
-
income
4 411
-
26 564
-
social contributions
3 650
-
21 114
-
total
9 907
-
58 357
-
Employer
26 446
-
153 000
-
total
-
-
-
-
Corporate
126 554
153 000
-
-
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%.

6 328
7 649
-
-
total
6 328
7 649
-
-
Dividends
120 226
145 351
-
-
social contributions
16 591
20 059
-
-
withholding
18 034
21 803
-
-
health
8 392
10 145
-
-
total
43 017
52 007
-
-
Income
153 000
153 000
153 000
153 000
Total tax
59 252
59 656
58 357
54 743
After tax
93 748
93 344
94 643
98 257
Living cost
16 539
16 539
16 539
16 539
Free-cash
77 209
76 805
78 104
81 718

Estimated living cost  is ₽16539 per week

₽11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1020
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.
₽4069
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
₽75700
₽61024
₽67599
₽83494
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
-
-
-
153 000
income
-
-
-
16 025
health
-
-
-
20 655
social contributions
-
-
-
25 512
solidarity contribution
-
-
-
1 362
total
-
-
-
63 554
Employee
32 129
-
120 328
-
health
4 337
-
16 244
-
solidarity contribution
-
-
772
-
income
3 855
-
14 761
-
social contributions
2 088
-
5 679
-
total
10 280
-
37 456
-
Employer
32 129
-
120 328
-
health
2 892
-
10 830
-
social contributions
8 032
-
21 843
-
total
10 924
-
32 673
-
Corporate
109 948
153 000
-
-
income
20 890
29 070
-
-
total
20 890
29 070
-
-
Dividends
89 058
123 930
-
-
withholding
13 359
18 589
-
-
total
13 359
18 589
-
-
Income
153 000
153 000
153 000
153 000
Total tax
55 453
47 659
70 129
63 554
After tax
97 547
105 341
82 871
89 446
Living cost
21 847
21 847
21 847
21 847
Free-cash
75 700
83 494
61 024
67 599

Estimated living cost  is ₽21847 per week

₽16247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
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.
₽4012
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
₽134582
₽113332
₽142402
₽136282
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%.

-
-
-
153 000
microenterprise

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

-
-
-
1 530
total
-
-
-
1 530
Employee
11 335
-
153 000
-
income
2 267
-
30 600
-
total
2 267
-
30 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

141 665
153 000
-
-
total
-
-
-
-
Dividends
141 665
153 000
-
-
withholding
7 083
7 650
-
-
total
7 083
7 650
-
-
Income
153 000
153 000
153 000
153 000
Total tax
9 350
7 650
30 600
1 530
After tax
143 650
145 350
122 400
151 470
Living cost
9 068
9 068
9 068
9 068
Free-cash
134 582
136 282
113 332
142 402

Estimated living cost  is ₽9068 per week

₽6136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽2247
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
₽44802
₽44637
₽47999
₽39441
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
-
-
-
153 000
income
-
-
-
25 476
other
-
-
-
4 742
health
-
-
-
6 957
social contributions
-
-
-
4 359
pensions
-
-
-
25 795
surtax
-
-
-
-
total
-
-
-
67 329
Employee
48 852
-
117 684
-
pensions
5 525
-
8 484
-
income
4 262
-
23 537
-
social contributions
1 391
-
3 354
-
surtax
-
-
-
-
total
11 178
-
35 375
-
Employer
48 852
-
117 684
-
health
3 419
-
11 246
-
social contributions
147
-
354
-
pensions
8 027
-
14 231
-
unemployment
1 979
-
4 766
-
other
1 686
-
4 719
-
total
15 258
-
35 316
-
Corporate
88 891
153 000
-
-
income
24 889
42 840
-
-
surtax
-
-
-
-
total
24 889
42 840
-
-
Dividends
64 002
110 160
-
-
social contributions
11 008
18 947
-
-
surtax
-
-
-
-
withholding
8 193
14 100
-
-
total
19 201
33 047
-
-
Income
153 000
153 000
153 000
153 000
Total tax
70 526
75 887
70 691
67 329
After tax
82 474
77 113
82 309
85 671
Living cost
37 672
37 672
37 672
37 672
Free-cash
44 802
39 441
44 637
47 999

Estimated living cost  is ₽37672 per week

₽25496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
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.
₽8577
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
₽93277
₽82844
₽82843
₽97102
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.

-
-
-
153 000
pensions
-
-
-
14 934
unemployment
-
-
-
862
income
-
-
-
35 004
health
-
-
-
5 916
total
-
-
-
56 716
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.

20 268
-
142 719
-
health
1 044
-
2 958
-
unemployment
152
-
431
-
pensions
2 837
-
8 041
-
income
2 794
-
35 004
-
total
6 827
-
46 434
-
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.

20 268
-
142 719
-
health
1 044
-
2 958
-
pensions
2 432
-
6 892
-
unemployment
152
-
431
-
total
3 628
-
10 281
-
Corporate
129 104
153 000
-
-
income
19 366
22 950
-
-
total
19 366
22 950
-
-
Dividends
109 739
130 050
-
-
withholding
16 461
19 507
-
-
total
16 461
19 507
-
-
Income
153 000
153 000
153 000
153 000
Total tax
46 282
42 457
56 715
56 716
After tax
106 718
110 543
96 285
96 284
Living cost
13 441
13 441
13 441
13 441
Free-cash
93 277
97 102
82 844
82 843

Estimated living cost  is ₽13441 per week

₽9050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
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.
₽2962
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
₽39306
₽62278
₽68032
₽16379
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
-
-
-
153 000
pensions
-
-
-
14 076
city
-
-
-
1 613
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.

-
-
-
3 059
health
-
-
-
344
regional
-
-
-
8 475
national
-
-
-
3 817
total
-
-
-
31 384
Employee
62 707
-
137 605
-
health
142
-
310
-
unemployment
-
-
-
-
city
673
-
1 488
-
pensions
5 268
-
10 817
-
regional
2 053
-
7 525
-
national
297
-
3 119
-
total
8 433
-
23 259
-
Employer
62 707
-
137 605
-
health
142
-
310
-
pensions
5 268
-
10 817
-
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.

1 254
-
2 752
-
total
6 664
-
13 879
-
Corporate
82 940
153 000
-
-
regional
17 541
32 359
-
-
national
7 050
13 005
-
-
total
24 591
45 364
-
-
Dividends
58 348
107 635
-
-
withholding
20 422
37 673
-
-
total
20 422
37 673
-
-
Income
153 000
153 000
153 000
153 000
Total tax
60 110
83 037
37 138
31 384
After tax
92 890
69 963
115 862
121 616
Living cost
53 584
53 584
53 584
53 584
Free-cash
39 306
16 379
62 278
68 032

Estimated living cost  is ₽53584 per week

₽34845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
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.
₽13272
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
₽67294
₽48945
₽66471
₽64957
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

-
-
-
153 000
municipal
-
-
-
27 174
health
-
-
-
2 031
national
-
-
-
27 379
total
-
-
-
56 584
Employee
41 036
-
128 712
-
health
306
-
1 656
-
unemployment
616
-
1 930
-
pensions
2 769
-
8 689
-
national
678
-
16 588
-
municipal
6 721
-
20 959
-
total
11 090
-
49 822
-
Employer
41 036
-
128 712
-
health
315
-
992
-
pensions
7 120
-
22 331
-
accident
41
-
129
-
unemployment
266
-
836
-
total
7 742
-
24 288
-
Corporate
104 221
153 000
-
-
income
20 844
30 601
-
-
total
20 844
30 601
-
-
Dividends

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

62 533
91 799
-
-
municipal
11 257
16 524
-
-
national
4 828
10 973
-
-
total
16 085
27 497
-
-
Income
153 000
153 000
153 000
153 000
Total tax
55 761
58 098
74 110
56 584
After tax
97 239
94 902
78 890
96 416
Living cost
29 945
29 945
29 945
29 945
Free-cash
67 294
64 957
48 945
66 471

Estimated living cost  is ₽29945 per week

₽19560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7029
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
₽45400
₽24558
₽37992
₽56776
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
-
-
-
153 000
communal

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

-
-
-
8 014
social contributions
-
-
-
19 446
national
-
-
-
59 109
total
-
-
-
86 569
Employee

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

55 792
-
118 502
-
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.

2 621
-
5 570
-
communal

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

2 910
-
6 181
-
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.

485
-
1 032
-
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.

4 184
-
8 888
-
national
17 153
-
43 838
-
total
27 353
-
65 509
-
Employer

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

55 792
-
118 502
-
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.

3 431
-
7 287
-
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.

4 944
-
10 499
-
surtax
6 326
-
13 437
-
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.

725
-
1 541
-
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.

814
-
1 730
-
total
16 240
-
34 494
-
Corporate
80 967
153 000
-
-
income
16 193
31 049
-
-
surtax
324
622
-
-
total
16 517
31 671
-
-
Dividends
64 450
121 329
-
-
withholding

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

19 051
36 114
-
-
total
19 051
36 114
-
-
Income
153 000
153 000
153 000
153 000
Total tax
79 161
67 785
100 003
86 569
After tax
73 839
85 215
52 997
66 431
Living cost
28 439
28 439
28 439
28 439
Free-cash
45 400
56 776
24 558
37 992

Estimated living cost  is ₽28439 per week

₽18318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
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
₽49149
₽43836
₽44651
₽49904
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
-
-
-
153 000
unemployment
-
-
-
74
municipal
-
-
-
39 257
other
-
-
-
8 566
health
-
-
-
4 600
national
-
-
-
14 102
accident
-
-
-
147
pensions
-
-
-
7 969
total
-
-
-
74 715
Employee
47 926
-
129 839
-
national
-
-
13 651
-
municipal
14 292
-
38 718
-
total
14 292
-
52 369
-
Employer
47 926
-
129 839
-
health
2 947
-
4 533
-
pensions
5 181
-
7 969
-
accident
96
-
147
-
unemployment
1 265
-
1 946
-
other
5 569
-
8 566
-
total
15 058
-
23 161
-
Corporate
90 016
153 000
-
-
income
19 803
33 660
-
-
total
19 803
33 660
-
-
Dividends
70 212
119 340
-
-
withholding
21 064
35 802
-
-
total
21 064
35 802
-
-
Income
153 000
153 000
153 000
153 000
Total tax
70 217
69 462
75 530
74 715
After tax
82 783
83 538
77 470
78 285
Living cost
33 634
33 634
33 634
33 634
Free-cash
49 149
49 904
43 836
44 651

Estimated living cost  is ₽33634 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7532
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
₽15135
₽104619
₽68658
₽56008
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
-
-
-
153 000
income
-
-
-
29 823
social contributions
-
-
-
17 442
total
-
-
-
47 265
Employee
53 163
-
-
-
income
11 727
-
-
-
social contributions
4 359
-
621
-
total
16 086
-
621
-
Employer
53 163
-
-
-
social contributions
74 960
-
10 683
-
total
74 960
-
10 683
-
Corporate
24 877
153 000
-
-
income
5 473
33 660
-
-
total
5 473
33 660
-
-
Dividends
19 404
119 340
-
-
income
4 269
26 255
-
-
total
4 269
26 255
-
-
Income
153 000
153 000
153 000
153 000
Total tax
100 788
59 915
11 304
47 265
After tax
52 212
93 085
141 696
105 735
Living cost
37 077
37 077
37 077
37 077
Free-cash
15 135
56 008
104 619
68 658

Estimated living cost  is ₽37077 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽9060
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
₽83030
₽77191
₽78494
₽86264
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
-
-
-
153 000
income
-
-
-
32 685
health
-
-
-
3 902
social contributions
-
-
-
12 620
total
-
-
-
49 207
Employee
59 977
59 977
143 629
-
health
597
1 020
2 442
-
income
6 298
5 552
31 983
-
social contributions
2 914
4 978
6 714
-
total
9 809
11 550
41 139
-
Employer
59 977
59 977
143 629
-
health
650
1 110
2 657
-
social contributions
2 914
4 978
6 714
-
total
3 564
6 088
9 371
-
Corporate
114 328
86 936
-
-
income
14 291
10 867
-
-
total
14 291
10 867
-
-
Dividends
100 037
76 068
-
-
withholding
17 007
12 932
-
-
total
17 007
12 932
-
-
Income
153 000
153 000
153 000
153 000
Total tax
44 671
41 437
50 510
49 207
After tax
108 329
111 563
102 490
103 793
Living cost
25 299
25 299
25 299
25 299
Free-cash
83 030
86 264
77 191
78 494

Estimated living cost  is ₽25299 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5604
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
₽74426
₽58188
₽71926
₽69962
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
-
-
-
153 000
income
-
-
-
45 865
pensions
-
-
-
7 189
total
-
-
-
53 054
Employee
38 461
-
133 468
-
health
502
-
1 858
-
pensions
2 936
-
8 696
-
income
7 004
-
36 706
-
total
10 442
-
47 260
-
Employer
38 461
-
133 468
-
health
731
-
2 535
-
pensions
3 886
-
16 997
-
total
4 617
-
19 532
-
Corporate
109 922
153 000
-
-
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.

20 886
29 069
-
-
total
20 886
29 069
-
-
Dividends
89 037
123 931
-
-
withholding
14 609
25 949
-
-
total
14 609
25 949
-
-
Income
153 000
153 000
153 000
153 000
Total tax
50 554
55 018
66 792
53 054
After tax
102 446
97 982
86 208
99 946
Living cost
28 020
28 020
28 020
28 020
Free-cash
74 426
69 962
58 188
71 926

Estimated living cost  is ₽28020 per week

₽19221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5869
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
₽45971
₽32837
₽39436
₽49519
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
-
-
-
153 000
municipal
-
-
-
1 026
regional
-
-
-
3 534
social contributions
-
-
-
39 038
national
-
-
-
38 894
total
-
-
-
82 492
Employee
65 726
-
153 000
-
social contributions
22 162
-
51 179
-
regional
992
-
3 139
-
national
11 107
-
33 857
-
municipal
392
-
916
-
total
34 653
-
89 091
-
Employer
65 726
-
153 000
-
total
-
-
-
-
Corporate
87 274
153 000
-
-
nationa
20 946
36 720
-
-
municipal
4 207
7 374
-
-
total
25 153
44 094
-
-
Dividends
62 122
108 906
-
-
withholding
16 151
28 315
-
-
total
16 151
28 315
-
-
Income
153 000
153 000
153 000
153 000
Total tax
75 957
72 409
89 091
82 492
After tax
77 043
80 591
63 909
70 508
Living cost
31 072
31 072
31 072
31 072
Free-cash
45 971
49 519
32 837
39 436

Estimated living cost  is ₽31072 per week

₽21826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6638
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
₽9810
₽66908
₽87689
-₽4444
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
-
-
-
153 000
pensions
-
-
-
3 184
income
-
-
-
43 144
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
48 474
Employee
26 486
-
138 848
-
health
3 033
-
15 898
-
pensions
2 982
-
5 839
-
income
3 634
-
33 365
-
total
9 649
-
55 102
-
Employer
26 486
-
138 848
-
pensions
4 307
-
8 432
-
accident
442
-
2 319
-
unemployment
649
-
3 402
-
total
5 398
-
14 153
-
Corporate
121 116
153 000
-
-
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.

109 005
137 700
-
-
total
109 005
137 700
-
-
Dividends
12 112
15 300
-
-
withholding
2 301
2 907
-
-
total
2 301
2 907
-
-
Income
153 000
153 000
153 000
153 000
Total tax
126 353
140 607
69 255
48 474
After tax
26 647
12 393
83 745
104 526
Living cost
16 837
16 837
16 837
16 837
Free-cash
9 810
-4 444
66 908
87 689

Estimated living cost  is ₽16837 per week

₽12340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3213
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
₽58807
₽65837
₽49086
₽48602
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.

-
-
-
153 000
trade
-
-
-
16 751
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.

-
-
-
49 024
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.

-
-
-
5 329
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.

-
-
-
2 697
total
-
-
-
73 801
Employee

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

38 809
-
153 000
-
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.

5 329
-
5 329
-
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.

3 191
-
49 024
-
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.

176
-
2 697
-
total
8 696
-
57 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 191
153 000
-
-
income
17 128
22 950
-
-
trade
16 387
21 955
-
-
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.

941
1 263
-
-
chamber of commerce
286
343
-
-
total
34 742
46 511
-
-
Dividends
79 449
106 489
-
-
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.

1 076
1 448
-
-
withholding
19 566
26 326
-
-
total
20 642
27 774
-
-
Income
153 000
153 000
153 000
153 000
Total tax
64 080
74 285
57 050
73 801
After tax
88 920
78 715
95 950
79 199
Living cost
30 113
30 113
30 113
30 113
Free-cash
58 807
48 602
65 837
49 086

Estimated living cost  is ₽30113 per week

₽20772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽5663
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
₽99775
₽49111
₽37911
₽106172
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.

-
-
-
153 000
income
-
-
-
29 963
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.

-
-
-
29 884
surtax
-
-
-
39 015
total
-
-
-
98 862
Employee
22 791
-
117 664
-
income
4 057
-
25 040
-
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.

2 507
-
10 225
-
surtax
-
-
17 062
-
total
6 564
-
52 327
-
Employer
22 791
-
117 664
-
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.

5 490
-
22 393
-
surtax
-
-
12 942
-
total
5 490
-
35 335
-
Corporate
124 719
153 000
-
-
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%.

24 944
30 601
-
-
total
24 944
30 601
-
-
Dividends

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

99 775
122 399
-
-
total
-
-
-
-
Income
153 000
153 000
153 000
153 000
Total tax
36 998
30 601
87 662
98 862
After tax
116 002
122 399
65 338
54 138
Living cost
16 227
16 227
16 227
16 227
Free-cash
99 775
106 172
49 111
37 911

Estimated living cost  is ₽16227 per week

₽10352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
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.
₽3961
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
₽83970
₽83067
₽83769
₽85593
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
-
-
-
153 000
income
-
-
-
46 921
health
-
-
-
5 225
pensions
-
-
-
7 206
total
-
-
-
59 352
Employee
15 047
-
144 893
-
health
752
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
46 542
-
total
5 168
-
51 947
-
Employer
15 047
-
144 893
-
health
1 430
-
3 423
-
pensions
1 655
-
3 963
-
unemployment
301
-
721
-
total
3 386
-
8 107
-
Corporate
134 567
153 000
-
-
income
29 605
33 660
-
-
total
29 605
33 660
-
-
Dividends
104 962
119 340
-
-
withholding
20 992
23 868
-
-
total
20 992
23 868
-
-
Income
153 000
153 000
153 000
153 000
Total tax
59 151
57 528
60 054
59 352
After tax
93 849
95 472
92 946
93 648
Living cost
9 879
9 879
9 879
9 879
Free-cash
83 970
85 593
83 067
83 769

Estimated living cost  is ₽9879 per week

₽5871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
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.
₽2981
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
₽76239
₽49909
₽54676
₽78717
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
-
-
-
153 000
pensions
-
-
-
20 820
unemployment
-
-
-
178
income
-
-
-
45 123
other
-
-
-
-
health
-
-
-
7 390
surtax
-
-
-
7 294
total
-
-
-
80 805
Employee
26 267
-
131 088
-
health
671
-
2 654
-
unemployment
1 828
-
7 245
-
pensions
1 753
-
6 943
-
income
4 403
-
40 457
-
other
-
-
-
-
surtax
93
-
6 362
-
total
8 748
-
63 661
-
Employer
26 267
-
131 088
-
health
1 194
-
4 736
-
pensions
3 502
-
13 876
-
unemployment
833
-
3 299
-
other
-
-
-
-
total
5 529
-
21 911
-
Corporate
121 203
153 000
-
-
income
31 512
39 781
-
-
total
31 512
39 781
-
-
Dividends
89 691
113 219
-
-
withholding
13 453
16 983
-
-
total
13 453
16 983
-
-
Income
153 000
153 000
153 000
153 000
Total tax
59 242
56 764
85 572
80 805
After tax
93 758
96 236
67 428
72 195
Living cost
17 519
17 519
17 519
17 519
Free-cash
76 239
78 717
49 909
54 676

Estimated living cost  is ₽17519 per week

₽10577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
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.
₽5013
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
₽59320
₽15502
₽53841
₽59706
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
-
-
-
153 000
pensions
-
-
-
16 857
chamber of commerce
-
-