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
₽ 154000
per

Your estimated
City
free-cash

Valencia , Spain
₽77314
₽61275
₽64581
₽80795
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
-
-
-
154 000
unemployment
-
-
-
512
income
-
-
-
45 830
other
-
-
-
73
accident
-
-
-
658
pensions
-
-
-
20 673
total
-
-
-
67 746
Employee
29 143
-
130 711
-
unemployment
452
-
1 132
-
pensions
1 370
-
3 434
-
income
5 619
-
43 124
-
other
28
-
73
-
total
7 469
-
47 763
-
Employer
29 143
-
130 711
-
pensions
6 877
-
17 241
-
accident
577
-
1 446
-
unemployment
1 603
-
4 017
-
other
233
-
585
-
total
9 290
-
23 289
-
Corporate
115 566
154 000
-
-
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.

17 335
23 101
-
-
total
17 335
23 101
-
-
Dividends
98 231
130 899
-
-
withholding
20 919
28 431
-
-
total
20 919
28 431
-
-
Income
154 000
154 000
154 000
154 000
Total tax
55 013
51 532
71 052
67 746
After tax
98 987
102 468
82 948
86 254
Living cost
21 673
21 673
21 673
21 673
Free-cash
77 314
80 795
61 275
64 581

Estimated living cost  is ₽21673 per week

₽14629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2083
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.
₽4581
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
₽86819
₽66711
₽68035
₽92143
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
-
-
-
154 000
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.

-
-
-
28 765
income
-
-
-
25 232
other
-
-
-
5 693
health
-
-
-
5 274
total
-
-
-
64 964
Employee
28 617
-
123 766
-
health
401
-
1 678
-
unemployment
286
-
1 198
-
pensions

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

2 003
-
8 389
-
income
4 927
-
24 789
-
total
7 617
-
36 054
-
Employer
28 617
-
123 766
-
health
401
-
1 678
-
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.

4 865
-
20 376
-
accident
229
-
990
-
unemployment
286
-
1 198
-
other
1 431
-
5 992
-
total
7 212
-
30 234
-
Corporate
118 171
154 000
-
-
income
24 816
32 340
-
-
total
24 816
32 340
-
-
Dividends
93 354
121 660
-
-
withholding
6 535
8 516
-
-
total
6 535
8 516
-
-
Income
154 000
154 000
154 000
154 000
Total tax
46 180
40 856
66 288
64 964
After tax
107 820
113 144
87 712
89 036
Living cost
21 001
21 001
21 001
21 001
Free-cash
86 819
92 143
66 711
68 035

Estimated living cost  is ₽21001 per week

₽14839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
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.
₽4406
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
₽117647
₽119381
₽113181
₽121316
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
-
-
-
154 000
pensions

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

-
-
-
4 083
unemployment
-
-
-
110
income
-
-
-
23 100
health
-
-
-
3 172
total
-
-
-
30 465
Employee
13 710
-
148 588
-
health
631
-
1 269
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
pensions

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

1 204
-
2 422
-
income
1 371
-
14 859
-
total
3 357
-
18 853
-
Employer
13 710
-
148 588
-
health
946
-
1 903
-
pensions

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

1 511
-
3 040
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
unemployment
82
-
166
-
total
2 690
-
5 412
-
Corporate
137 600
154 000
-
-
income
13 760
15 400
-
-
total
13 760
15 400
-
-
Dividends
123 839
138 600
-
-
withholding
6 192
6 930
-
-
total
6 192
6 930
-
-
Income
154 000
154 000
154 000
154 000
Total tax
25 999
22 330
24 265
30 465
After tax
128 001
131 670
129 735
123 535
Living cost
10 354
10 354
10 354
10 354
Free-cash
117 647
121 316
119 381
113 181

Estimated living cost  is ₽10354 per week

₽6045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽274
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.
₽3296
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
₽55302
₽55944
₽59326
₽50652
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
-
-
-
154 000
income
-
-
-
25 547
other
-
-
-
4 774
health
-
-
-
6 985
social contributions
-
-
-
4 388
pensions
-
-
-
26 015
surtax
-
-
-
-
total
-
-
-
67 709
Employee
33 732
-
118 484
-
pensions
3 814
-
8 530
-
income
1 991
-
23 670
-
social contributions
962
-
3 376
-
surtax
-
-
-
-
total
6 767
-
35 576
-
Employer
33 732
-
118 484
-
health
2 362
-
11 307
-
social contributions
102
-
356
-
pensions
5 541
-
14 308
-
unemployment
1 366
-
4 798
-
other
1 164
-
4 746
-
total
10 535
-
35 515
-
Corporate
109 734
154 000
-
-
income
30 726
43 120
-
-
surtax
-
-
-
-
total
30 726
43 120
-
-
Dividends
79 008
110 880
-
-
social contributions
13 590
19 071
-
-
surtax
-
-
-
-
withholding
10 114
14 192
-
-
total
23 704
33 263
-
-
Income
154 000
154 000
154 000
154 000
Total tax
71 732
76 383
71 091
67 709
After tax
82 268
77 617
82 909
86 291
Living cost
26 966
26 966
26 966
26 966
Free-cash
55 302
50 652
55 944
59 326

Estimated living cost  is ₽26966 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽7312
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
₽38625
₽64844
₽50949
₽43455
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
-
-
-
154 000
pensions
-
-
-
9 234
income
-
-
-
51 081
health
-
-
-
9 719
total
-
-
-
70 034
Employee
67 306
67 306
139 353
-
health
10 331
8 787
9 719
-
pensions
12 115
9 234
9 234
-
income

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

11 017
11 017
22 538
-
total
33 463
29 038
41 491
-
Employer
67 306
67 306
139 353
-
health
4 678
4 678
5 814
-
pensions
4 684
4 684
5 823
-
unemployment
2 423
2 423
3 011
-
total
11 785
11 785
14 648
-
Corporate
75 734
74 909
-
-
income
15 147
14 982
-
-
total
15 147
14 982
-
-
Dividends
60 587
59 926
-
-
income
12 875
12 734
-
-
withholding
9 088
8 989
-
-
total
21 963
21 723
-
-
Income
154 000
154 000
154 000
154 000
Total tax
82 358
77 528
56 139
70 034
After tax
71 642
76 472
97 861
83 966
Living cost
33 017
33 017
33 017
33 017
Free-cash
38 625
43 455
64 844
50 949

Estimated living cost  is ₽33017 per week

₽23398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽6117
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
₽62492
₽72747
₽54263
₽53773
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.

-
-
-
154 000
trade
-
-
-
18 484
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.

-
-
-
49 286
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.

-
-
-
5 384
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.

-
-
-
2 710
total
-
-
-
75 864
Employee

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

30 146
-
154 000
-
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.

5 384
-
5 384
-
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.

842
-
49 286
-
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
-
2 710
-
total
6 272
-
57 380
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 854
154 000
-
-
income
18 578
23 101
-
-
trade
19 507
24 255
-
-
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.

1 022
1 270
-
-
chamber of commerce
298
341
-
-
total
39 405
48 967
-
-
Dividends
84 451
105 033
-
-
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.

1 144
1 428
-
-
withholding
20 814
25 959
-
-
total
21 958
27 387
-
-
Income
154 000
154 000
154 000
154 000
Total tax
67 635
76 354
57 380
75 864
After tax
86 365
77 646
96 620
78 136
Living cost
23 873
23 873
23 873
23 873
Free-cash
62 492
53 773
72 747
54 263

Estimated living cost  is ₽23873 per week

₽15017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
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.
₽5627
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
₽89759
₽84939
₽86251
₽94046
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
-
-
-
154 000
income
-
-
-
32 821
health
-
-
-
3 928
social contributions
-
-
-
12 752
total
-
-
-
49 501
Employee
60 606
60 606
144 541
-
health
470
1 031
2 457
-
income
6 599
5 610
32 114
-
social contributions
2 291
5 030
6 784
-
total
9 360
11 671
41 355
-
Employer
60 606
60 606
144 541
-
health
510
1 122
2 674
-
social contributions
2 291
5 030
6 784
-
total
2 801
6 152
9 458
-
Corporate
123 591
87 243
-
-
income
15 449
10 905
-
-
total
15 449
10 905
-
-
Dividends
108 142
76 338
-
-
withholding
18 383
12 978
-
-
total
18 383
12 978
-
-
Income
154 000
154 000
154 000
154 000
Total tax
45 993
41 706
50 813
49 501
After tax
108 007
112 294
103 187
104 499
Living cost
18 248
18 248
18 248
18 248
Free-cash
89 759
94 046
84 939
86 251

Estimated living cost  is ₽18248 per week

₽10936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5118
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
₽62080
₽45104
₽56779
₽62872
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.

-
-
-
154 000
income
-
-
-
18 984
social contributions

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

-
-
-
53 515
surtax
-
-
-
-
total
-
-
-
72 499
Employee
36 249
-
124 444
-
income
7 540
-
40 930
-
social contributions
3 987
-
13 688
-
surtax
-
-
-
-
total
11 527
-
54 618
-
Employer
36 249
-
124 444
-
social contributions
8 609
-
29 556
-
total
8 609
-
29 556
-
Corporate
109 142
154 000
-
-
income
22 920
32 340
-
-
surtax
-
-
-
-
total
22 920
32 340
-
-
Dividends
86 222
121 660
-
-
withholding
24 142
34 066
-
-
total
24 142
34 066
-
-
Income
154 000
154 000
154 000
154 000
Total tax
67 198
66 406
84 174
72 499
After tax
86 802
87 594
69 826
81 501
Living cost
24 722
24 722
24 722
24 722
Free-cash
62 080
62 872
45 104
56 779

Estimated living cost  is ₽24722 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4354
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
₽139203
₽117224
₽146484
₽140324
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%.

-
-
-
154 000
microenterprise

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

-
-
-
1 540
total
-
-
-
1 540
Employee
7 469
-
154 000
-
income
1 494
-
30 800
-
total
1 494
-
30 800
-
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%.

146 531
154 000
-
-
total
-
-
-
-
Dividends
146 531
154 000
-
-
withholding
7 327
7 700
-
-
total
7 327
7 700
-
-
Income
154 000
154 000
154 000
154 000
Total tax
8 821
7 700
30 800
1 540
After tax
145 179
146 300
123 200
152 460
Living cost
5 976
5 976
5 976
5 976
Free-cash
139 203
140 324
117 224
146 484

Estimated living cost  is ₽5976 per week

₽3703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽164
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.
₽1611
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
₽78298
₽49227
₽52816
₽84889
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.

-
-
-
154 000
pensions
-
-
-
28 125
unemployment
-
-
-
230
income
-
-
-
36 536
health
-
-
-
15 153
total
-
-
-
80 044
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.

34 853
-
133 253
-
health
2 251
-
8 608
-
unemployment
49
-
187
-
pensions
5 402
-
20 654
-
income
6 010
-
33 438
-
total
13 712
-
62 887
-
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.

34 853
-
133 253
-
health
2 321
-
8 874
-
pensions
3 084
-
11 793
-
unemployment
21
-
79
-
total
5 426
-
20 746
-
Corporate
113 721
154 000
-
-
income
21 607
29 260
-
-
total
21 607
29 260
-
-
Dividends
92 115
124 740
-
-
withholding
13 817
18 711
-
-
total
13 817
18 711
-
-
Income
154 000
154 000
154 000
154 000
Total tax
54 562
47 971
83 633
80 044
After tax
99 438
106 029
70 367
73 956
Living cost
21 140
21 140
21 140
21 140
Free-cash
78 298
84 889
49 227
52 816

Estimated living cost  is ₽21140 per week

₽14508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4868
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
₽70079
₽79961
₽97332
₽67326
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.

-
-
-
154 000
income
-
-
-
23 101
health

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

-
-
-
4 957
total
-
-
-
28 058
Employee
36 156
-
150 374
-
social contributions
3 623
-
3 626
-
income
3 923
-
38 177
-
total
7 546
-
41 803
-
Employer
36 156
-
150 374
-
social contributions
3 623
-
3 626
-
total
3 623
-
3 626
-
Corporate
114 221
154 000
-
-
income
39 978
53 900
-
-
total
39 978
53 900
-
-
Dividends
74 243
100 100
-
-
social contributions
4 164
4 164
-
-
total
4 164
4 164
-
-
Income
154 000
154 000
154 000
154 000
Total tax
55 311
58 064
45 429
28 058
After tax
98 689
95 936
108 571
125 942
Living cost
28 610
28 610
28 610
28 610
Free-cash
70 079
67 326
79 961
97 332

Estimated living cost  is ₽28610 per week

₽18846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽7070
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
₽77650
₽78564
₽82185
₽77240
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
-
-
-
154 000
income
-
-
-
23 101
health
-
-
-
10 749
social contributions
-
-
-
21 252
total
-
-
-
55 102
Employee
26 723
-
154 000
-
health
1 865
-
10 749
-
income
4 457
-
26 722
-
social contributions
3 688
-
21 252
-
total
10 010
-
58 723
-
Employer
26 723
-
154 000
-
total
-
-
-
-
Corporate
127 277
154 000
-
-
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%.

6 364
7 700
-
-
total
6 364
7 700
-
-
Dividends
120 913
146 300
-
-
social contributions
16 686
20 190
-
-
withholding
18 137
21 945
-
-
health
8 440
10 212
-
-
total
43 263
52 347
-
-
Income
154 000
154 000
154 000
154 000
Total tax
59 637
60 047
58 723
55 102
After tax
94 363
93 953
95 277
98 898
Living cost
16 713
16 713
16 713
16 713
Free-cash
77 650
77 240
78 564
82 185

Estimated living cost  is ₽16713 per week

₽11185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
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.
₽4112
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
₽76064
₽61275
₽67884
₽83943
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
-
-
-
154 000
income
-
-
-
16 113
health
-
-
-
20 790
social contributions
-
-
-
25 790
solidarity contribution
-
-
-
1 337
total
-
-
-
64 030
Employee
32 479
-
121 027
-
health
4 385
-
16 339
-
solidarity contribution
-
-
744
-
income
3 897
-
14 842
-
social contributions
2 111
-
5 741
-
total
10 393
-
37 666
-
Employer
32 479
-
121 027
-
health
2 923
-
10 892
-
social contributions
8 120
-
22 081
-
total
11 043
-
32 973
-
Corporate
110 478
154 000
-
-
income
20 991
29 260
-
-
total
20 991
29 260
-
-
Dividends
89 487
124 740
-
-
withholding
13 423
18 711
-
-
total
13 423
18 711
-
-
Income
154 000
154 000
154 000
154 000
Total tax
55 850
47 971
70 639
64 030
After tax
98 150
106 029
83 361
89 970
Living cost
22 086
22 086
22 086
22 086
Free-cash
76 064
83 943
61 275
67 884

Estimated living cost  is ₽22086 per week

₽16424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4056
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
₽135242
₽113888
₽143148
₽136988
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%.

-
-
-
154 000
microenterprise

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

-
-
-
1 540
total
-
-
-
1 540
Employee
11 640
-
154 000
-
income
2 328
-
30 800
-
total
2 328
-
30 800
-
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%.

142 360
154 000
-
-
total
-
-
-
-
Dividends
142 360
154 000
-
-
withholding
7 118
7 700
-
-
total
7 118
7 700
-
-
Income
154 000
154 000
154 000
154 000
Total tax
9 446
7 700
30 800
1 540
After tax
144 554
146 300
123 200
152 460
Living cost
9 312
9 312
9 312
9 312
Free-cash
135 242
136 988
113 888
143 148

Estimated living cost  is ₽9312 per week

₽6302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽312
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.
₽2307
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
₽44967
₽44842
₽48224
₽39550
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
-
-
-
154 000
income
-
-
-
25 547
other
-
-
-
4 774
health
-
-
-
6 985
social contributions
-
-
-
4 388
pensions
-
-
-
26 015
surtax
-
-
-
-
total
-
-
-
67 709
Employee
49 364
-
118 484
-
pensions
5 583
-
8 530
-
income
4 307
-
23 670
-
social contributions
1 406
-
3 376
-
surtax
-
-
-
-
total
11 296
-
35 576
-
Employer
49 364
-
118 484
-
health
3 455
-
11 307
-
social contributions
148
-
356
-
pensions
8 111
-
14 308
-
unemployment
2 000
-
4 798
-
other
1 704
-
4 746
-
total
15 418
-
35 515
-
Corporate
89 219
154 000
-
-
income
24 981
43 120
-
-
surtax
-
-
-
-
total
24 981
43 120
-
-
Dividends
64 238
110 880
-
-
social contributions
11 049
19 071
-
-
surtax
-
-
-
-
withholding
8 222
14 192
-
-
total
19 271
33 263
-
-
Income
154 000
154 000
154 000
154 000
Total tax
70 966
76 383
71 091
67 709
After tax
83 034
77 617
82 909
86 291
Living cost
38 067
38 067
38 067
38 067
Free-cash
44 967
39 550
44 842
48 224

Estimated living cost  is ₽38067 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
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.
₽8667
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
₽93818
₽83260
₽83259
₽97683
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.

-
-
-
154 000
pensions
-
-
-
15 091
unemployment
-
-
-
871
income
-
-
-
35 219
health
-
-
-
5 978
total
-
-
-
57 159
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.

20 481
-
143 611
-
health
1 055
-
2 989
-
unemployment
154
-
435
-
pensions
2 867
-
8 126
-
income
2 823
-
35 219
-
total
6 899
-
46 769
-
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.

20 481
-
143 611
-
health
1 055
-
2 989
-
pensions
2 458
-
6 965
-
unemployment
154
-
435
-
total
3 667
-
10 389
-
Corporate
129 853
154 000
-
-
income
19 478
23 100
-
-
total
19 478
23 100
-
-
Dividends
110 375
130 900
-
-
withholding
16 556
19 635
-
-
total
16 556
19 635
-
-
Income
154 000
154 000
154 000
154 000
Total tax
46 600
42 735
57 158
57 159
After tax
107 400
111 265
96 842
96 841
Living cost
13 582
13 582
13 582
13 582
Free-cash
93 818
97 683
83 260
83 259

Estimated living cost  is ₽13582 per week

₽9145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽2994
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
₽39757
₽63007
₽68758
₽16824
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
-
-
-
154 000
pensions
-
-
-
14 168
city
-
-
-
1 623
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.

-
-
-
3 079
health
-
-
-
347
regional
-
-
-
8 554
national
-
-
-
3 875
total
-
-
-
31 646
Employee
62 722
-
138 530
-
health
142
-
311
-
unemployment
-
-
-
-
city
673
-
1 498
-
pensions
5 269
-
10 864
-
regional
2 054
-
7 603
-
national
297
-
3 175
-
total
8 435
-
23 451
-
Employer
62 722
-
138 530
-
health
142
-
311
-
pensions
5 269
-
10 864
-
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
-
2 771
-
total
6 665
-
13 946
-
Corporate
83 923
154 000
-
-
regional
17 749
32 571
-
-
national
7 133
13 090
-
-
total
24 882
45 661
-
-
Dividends
59 041
108 340
-
-
withholding
20 665
37 919
-
-
total
20 665
37 919
-
-
Income
154 000
154 000
154 000
154 000
Total tax
60 647
83 580
37 397
31 646
After tax
93 353
70 420
116 603
122 354
Living cost
53 596
53 596
53 596
53 596
Free-cash
39 757
16 824
63 007
68 758

Estimated living cost  is ₽53596 per week

₽34853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4810
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.
₽13275
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
₽67643
₽49224
₽66864
₽65298
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

-
-
-
154 000
municipal
-
-
-
27 353
health
-
-
-
2 043
national
-
-
-
27 480
total
-
-
-
56 876
Employee
41 467
-
129 553
-
health
310
-
1 666
-
unemployment
622
-
1 943
-
pensions
2 798
-
8 745
-
national
685
-
16 619
-
municipal
6 792
-
21 097
-
total
11 207
-
50 070
-
Employer
41 467
-
129 553
-
health
319
-
998
-
pensions
7 194
-
22 477
-
accident
42
-
130
-
unemployment
269
-
842
-
total
7 824
-
24 447
-
Corporate
104 709
154 000
-
-
income
20 942
30 800
-
-
total
20 942
30 800
-
-
Dividends

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

62 825
92 400
-
-
municipal
11 309
16 632
-
-
national
4 816
11 011
-
-
total
16 125
27 643
-
-
Income
154 000
154 000
154 000
154 000
Total tax
56 098
58 443
74 517
56 876
After tax
97 902
95 557
79 483
97 124
Living cost
30 260
30 260
30 260
30 260
Free-cash
67 643
65 298
49 224
66 864

Estimated living cost  is ₽30260 per week

₽19765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
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
₽45535
₽24634
₽38125
₽57075
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
-
-
-
154 000
communal

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

-
-
-
8 062
social contributions
-
-
-
19 650
national
-
-
-
59 426
total
-
-
-
87 138
Employee

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

56 377
-
119 279
-
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.

2 649
-
5 606
-
communal

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

2 941
-
6 222
-
unemployment

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

491
-
1 038
-
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.

4 228
-
8 946
-
national
17 333
-
44 096
-
total
27 642
-
65 908
-
Employer

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

56 377
-
119 279
-
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.

3 467
-
7 335
-
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.

4 996
-
10 568
-
surtax
6 393
-
13 527
-
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.

733
-
1 550
-
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.

823
-
1 741
-
total
16 412
-
34 721
-
Corporate
81 212
154 000
-
-
income
16 243
31 198
-
-
surtax
325
624
-
-
total
16 568
31 822
-
-
Dividends
64 644
122 178
-
-
withholding

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

19 106
36 366
-
-
total
19 106
36 366
-
-
Income
154 000
154 000
154 000
154 000
Total tax
79 728
68 188
100 629
87 138
After tax
74 272
85 812
53 371
66 862
Living cost
28 737
28 737
28 737
28 737
Free-cash
45 535
57 075
24 634
38 125

Estimated living cost  is ₽28737 per week

₽18511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽7265
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
₽49196
₽43921
₽44747
₽49963
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
-
-
-
154 000
unemployment
-
-
-
75
municipal
-
-
-
39 463
other
-
-
-
8 690
health
-
-
-
4 666
national
-
-
-
14 004
accident
-
-
-
150
pensions
-
-
-
8 084
total
-
-
-
75 132
Employee
48 619
-
130 504
-
national
-
-
13 545
-
municipal
14 498
-
38 916
-
total
14 498
-
52 461
-
Employer
48 619
-
130 504
-
health
2 990
-
4 599
-
pensions
5 256
-
8 084
-
accident
97
-
150
-
unemployment
1 284
-
1 974
-
other
5 650
-
8 690
-
total
15 277
-
23 497
-
Corporate
90 105
154 000
-
-
income
19 823
33 880
-
-
total
19 823
33 880
-
-
Dividends
70 282
120 120
-
-
withholding
21 085
36 036
-
-
total
21 085
36 036
-
-
Income
154 000
154 000
154 000
154 000
Total tax
70 683
69 916
75 958
75 132
After tax
83 317
84 084
78 042
78 868
Living cost
34 121
34 121
34 121
34 121
Free-cash
49 196
49 963
43 921
44 747

Estimated living cost  is ₽34121 per week

₽22614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
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
₽13952
₽104506
₽68497
₽55765
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
-
-
-
154 000
income
-
-
-
30 018
social contributions
-
-
-
17 556
total
-
-
-
47 574
Employee
54 385
-
-
-
income
11 996
-
-
-
social contributions
4 460
-
636
-
total
16 456
-
636
-
Employer
54 385
-
-
-
social contributions
76 683
-
10 929
-
total
76 683
-
10 929
-
Corporate
22 932
154 000
-
-
income
5 045
33 880
-
-
total
5 045
33 880
-
-
Dividends
17 887
120 120
-
-
income
3 935
26 426
-
-
total
3 935
26 426
-
-
Income
154 000
154 000
154 000
154 000
Total tax
102 119
60 306
11 565
47 574
After tax
51 881
93 694
142 435
106 426
Living cost
37 929
37 929
37 929
37 929
Free-cash
13 952
55 765
104 506
68 497

Estimated living cost  is ₽37929 per week

₽24610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3567
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.
₽9268
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
₽83462
₽77623
₽78935
₽86730
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
-
-
-
154 000
income
-
-
-
32 821
health
-
-
-
3 928
social contributions
-
-
-
12 752
total
-
-
-
49 501
Employee
60 606
60 606
144 541
-
health
603
1 031
2 457
-
income
6 364
5 610
32 114
-
social contributions
2 945
5 030
6 784
-
total
9 912
11 671
41 355
-
Employer
60 606
60 606
144 541
-
health
657
1 122
2 674
-
social contributions
2 945
5 030
6 784
-
total
3 602
6 152
9 458
-
Corporate
114 923
87 243
-
-
income
14 366
10 905
-
-
total
14 366
10 905
-
-
Dividends
100 557
76 338
-
-
withholding
17 094
12 978
-
-
total
17 094
12 978
-
-
Income
154 000
154 000
154 000
154 000
Total tax
44 974
41 706
50 813
49 501
After tax
109 026
112 294
103 187
104 499
Living cost
25 564
25 564
25 564
25 564
Free-cash
83 462
86 730
77 623
78 935

Estimated living cost  is ₽25564 per week

₽17476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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
Edinburgh , United Kingdom
₽74930
₽58602
₽72427
₽70442
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
-
-
-
154 000
income
-
-
-
46 189
pensions
-
-
-
7 229
total
-
-
-
53 418
Employee
38 647
-
134 339
-
health
504
-
1 868
-
pensions
2 950
-
8 743
-
income
7 038
-
36 971
-
total
10 492
-
47 582
-
Employer
38 647
-
134 339
-
health
735
-
2 552
-
pensions
3 905
-
17 109
-
total
4 640
-
19 661
-
Corporate
110 714
154 000
-
-
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.

21 035
29 260
-
-
total
21 035
29 260
-
-
Dividends
89 679
124 740
-
-
withholding
14 748
26 143
-
-
total
14 748
26 143
-
-
Income
154 000
154 000
154 000
154 000
Total tax
50 915
55 403
67 243
53 418
After tax
103 085
98 597
86 757
100 582
Living cost
28 155
28 155
28 155
28 155
Free-cash
74 930
70 442
58 602
72 427

Estimated living cost  is ₽28155 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
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.
₽5898
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
₽46133
₽32850
₽39531
₽49719
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
-
-
-
154 000
municipal
-
-
-
1 031
regional
-
-
-
3 551
social contributions
-
-
-
39 447
national
-
-
-
39 042
total
-
-
-
83 071
Employee
66 415
-
154 000
-
social contributions
22 395
-
51 716
-
regional
1 003
-
3 152
-
national
11 224
-
33 964
-
municipal
396
-
920
-
total
35 018
-
89 752
-
Employer
66 415
-
154 000
-
total
-
-
-
-
Corporate
87 585
154 000
-
-
nationa
21 020
36 960
-
-
municipal
4 222
7 423
-
-
total
25 242
44 383
-
-
Dividends
62 342
109 617
-
-
withholding
16 209
28 500
-
-
total
16 209
28 500
-
-
Income
154 000
154 000
154 000
154 000
Total tax
76 469
72 883
89 752
83 071
After tax
77 531
81 117
64 248
70 929
Living cost
31 398
31 398
31 398
31 398
Free-cash
46 133
49 719
32 850
39 531

Estimated living cost  is ₽31398 per week

₽22055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
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.
₽6708
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
₽9889
₽67467
₽88353
-₽4379
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
-
-
-
154 000
pensions
-
-
-
3 187
income
-
-
-
43 459
other
-
-
-
284
health
-
-
-
1 671
accident
-
-
-
193
total
-
-
-
48 794
Employee
26 510
-
139 801
-
health
3 035
-
16 007
-
pensions
2 985
-
5 844
-
income
3 637
-
33 630
-
total
9 657
-
55 481
-
Employer
26 510
-
139 801
-
pensions
4 311
-
8 439
-
accident
443
-
2 335
-
unemployment
649
-
3 425
-
total
5 403
-
14 199
-
Corporate
122 087
154 000
-
-
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.

109 878
138 600
-
-
total
109 878
138 600
-
-
Dividends
12 209
15 400
-
-
withholding
2 320
2 926
-
-
total
2 320
2 926
-
-
Income
154 000
154 000
154 000
154 000
Total tax
127 258
141 526
69 680
48 794
After tax
26 742
12 474
84 320
105 206
Living cost
16 853
16 853
16 853
16 853
Free-cash
9 889
-4 379
67 467
88 353

Estimated living cost  is ₽16853 per week

₽12352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
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.
₽3216
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
₽59112
₽66191
₽49351
₽48801
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.

-
-
-
154 000
trade
-
-
-
16 840
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.

-
-
-
49 286
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.

-
-
-
5 384
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.

-
-
-
2 710
total
-
-
-
74 220
Employee

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

39 216
-
154 000
-
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.

5 384
-
5 384
-
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.

3 225
-
49 286
-
surtax

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

178
-
2 710
-
total
8 787
-
57 380
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
114 784
154 000
-
-
income
17 218
23 101
-
-
trade
16 472
22 099
-
-
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.

947
1 270
-
-
chamber of commerce
289
346
-
-
total
34 926
46 816
-
-
Dividends
79 859
107 185
-
-
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.

1 081
1 457
-
-
withholding
19 665
26 497
-
-
total
20 746
27 954
-
-
Income
154 000
154 000
154 000
154 000
Total tax
64 459
74 770
57 380
74 220
After tax
89 541
79 230
96 620
79 780
Living cost
30 429
30 429
30 429
30 429
Free-cash
59 112
48 801
66 191
49 351

Estimated living cost  is ₽30429 per week

₽20990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
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.
₽5722
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
₽100338
₽49332
₽38047
₽106803
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.

-
-
-
154 000
income
-
-
-
30 087
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.

-
-
-
30 198
surtax
-
-
-
39 271
total
-
-
-
99 556
Employee
23 030
-
118 354
-
income
4 100
-
25 132
-
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.

2 534
-
10 332
-
surtax
-
-
17 161
-
total
6 634
-
52 625
-
Employer
23 030
-
118 354
-
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.

5 547
-
22 628
-
surtax
-
-
13 018
-
total
5 547
-
35 646
-
Corporate
125 422
154 000
-
-
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%.

25 084
30 800
-
-
total
25 084
30 800
-
-
Dividends

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

100 338
123 200
-
-
total
-
-
-
-
Income
154 000
154 000
154 000
154 000
Total tax
37 265
30 800
88 271
99 556
After tax
116 735
123 200
65 729
54 444
Living cost
16 397
16 397
16 397
16 397
Free-cash
100 338
106 803
49 332
38 047

Estimated living cost  is ₽16397 per week

₽10461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
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.
₽4002
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
₽84740
₽83926
₽84619
₽86343
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
-
-
-
154 000
income
-
-
-
47 356
health
-
-
-
5 158
pensions
-
-
-
7 114
total
-
-
-
59 628
Employee
14 855
-
145 997
-
health
743
-
1 779
-
unemployment
149
-
356
-
pensions
1 337
-
3 201
-
income
2 874
-
46 982
-
total
5 103
-
52 318
-
Employer
14 855
-
145 997
-
health
1 411
-
3 379
-
pensions
1 634
-
3 913
-
unemployment
297
-
711
-
total
3 342
-
8 003
-
Corporate
135 803
154 000
-
-
income
29 877
33 880
-
-
total
29 877
33 880
-
-
Dividends
105 926
120 120
-
-
withholding
21 185
24 024
-
-
total
21 185
24 024
-
-
Income
154 000
154 000
154 000
154 000
Total tax
59 507
57 904
60 321
59 628
After tax
94 493
96 096
93 679
94 372
Living cost
9 753
9 753
9 753
9 753
Free-cash
84 740
86 343
83 926
84 619

Estimated living cost  is ₽9753 per week

₽5796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽791
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.
₽2943
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
₽76656
₽50154
₽54971
₽79164
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
-
-
-
154 000
pensions
-
-
-
21 038
unemployment
-
-
-
179
income
-
-
-
45 324
other
-
-
-
-
health
-
-
-
7 468
surtax
-
-
-
7 317
total
-
-
-
81 326
Employee
26 542
-
131 858
-
health
678
-
2 682
-
unemployment
1 847
-
7 321
-
pensions
1 771
-
7 016
-
income
4 450
-
40 609
-
other
-
-
-
-
surtax
94
-
6 373
-
total
8 840
-
64 001
-
Employer
26 542
-
131 858
-
health
1 207
-
4 786
-
pensions
3 539
-
14 022
-
unemployment
842
-
3 334
-
other
-
-
-
-
total
5 588
-
22 142
-
Corporate
121 870
154 000
-
-
income
31 686
40 039
-
-
total
31 686
40 039
-
-
Dividends
90 184
113 961
-
-
withholding
13 527
17 094
-
-
total
13 527
17 094
-
-
Income
154 000
154 000
154 000
154 000
Total tax
59 641
57 133
86 143
81 326
After tax
94 359
96 867
67 857
72 674
Living cost
17 703
17 703
17 703
17 703
Free-cash
76 656
79 164
50 154
54 971

Estimated living cost  is ₽17703 per week

₽10688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽5066
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
₽59611
₽15511
₽54093
₽60003
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
-
-
-
154 000
pensions
-
-
-
17 034
chamber of commerce
-