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
₽ 157500
per

Your estimated
City
free-cash

Valencia , Spain
₽79570
₽63162
₽66476
₽83055
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
-
-
-
157 500
unemployment
-
-
-
512
income
-
-
-
47 368
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 705
total
-
-
-
69 317
Employee
29 188
-
134 175
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
44 659
-
other
28
-
73
-
total
7 479
-
49 305
-
Employer
29 188
-
134 175
-
pensions
6 888
-
17 267
-
accident
578
-
1 449
-
unemployment
1 606
-
4 024
-
other
234
-
586
-
total
9 306
-
23 326
-
Corporate
119 007
157 500
-
-
income

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

17 851
23 625
-
-
total
17 851
23 625
-
-
Dividends
101 155
133 875
-
-
withholding
21 587
29 113
-
-
total
21 587
29 113
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 223
52 738
72 631
69 317
After tax
101 277
104 762
84 869
88 183
Living cost
21 707
21 707
21 707
21 707
Free-cash
79 570
83 055
63 162
66 476

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽89351
₽69239
₽70587
₽94682
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
-
-
-
157 500
pensions

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

-
-
-
28 809
income
-
-
-
26 087
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
65 879
Employee
28 661
-
127 194
-
health
401
-
1 681
-
unemployment
286
-
1 200
-
pensions

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

2 006
-
8 402
-
income
4 934
-
25 638
-
total
7 627
-
36 921
-
Employer
28 661
-
127 194
-
health
401
-
1 681
-
pensions

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

4 873
-
20 407
-
accident
229
-
1 017
-
unemployment
286
-
1 200
-
other
1 434
-
6 001
-
total
7 223
-
30 306
-
Corporate
121 615
157 500
-
-
income
25 539
33 075
-
-
total
25 539
33 075
-
-
Dividends
96 076
124 425
-
-
withholding
6 726
8 709
-
-
total
6 726
8 709
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 115
41 784
67 227
65 879
After tax
110 385
115 716
90 273
91 621
Living cost
21 034
21 034
21 034
21 034
Free-cash
89 351
94 682
69 239
70 587

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽120622
₽122506
₽116134
₽124296
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
-
-
-
157 500
pensions

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

-
-
-
4 088
unemployment
-
-
-
110
income
-
-
-
23 625
health
-
-
-
3 176
total
-
-
-
30 999
Employee
13 728
-
152 081
-
health
631
-
1 270
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 205
-
2 425
-
income
1 373
-
15 208
-
total
3 360
-
19 207
-
Employer
13 728
-
152 081
-
health
948
-
1 906
-
pensions

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

1 513
-
3 044
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 694
-
5 420
-
Corporate
141 079
157 500
-
-
income
14 108
15 750
-
-
total
14 108
15 750
-
-
Dividends
126 971
141 750
-
-
withholding
6 349
7 087
-
-
total
6 349
7 087
-
-
Income
157 500
157 500
157 500
157 500
Total tax
26 511
22 837
24 627
30 999
After tax
130 989
134 663
132 873
126 501
Living cost
10 367
10 367
10 367
10 367
Free-cash
120 622
124 296
122 506
116 134

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3300
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
₽57036
₽57454
₽60918
₽52370
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
-
-
-
157 500
income
-
-
-
26 642
other
-
-
-
4 882
health
-
-
-
7 237
social contributions
-
-
-
4 488
pensions
-
-
-
26 326
surtax
-
-
-
-
total
-
-
-
69 575
Employee
33 784
-
121 014
-
pensions
3 820
-
8 781
-
income
1 994
-
24 322
-
social contributions
963
-
3 448
-
surtax
-
-
-
-
total
6 777
-
36 551
-
Employer
33 784
-
121 014
-
health
2 365
-
11 630
-
social contributions
102
-
363
-
pensions
5 550
-
14 717
-
unemployment
1 368
-
4 901
-
other
1 165
-
4 877
-
total
10 550
-
36 488
-
Corporate
113 166
157 500
-
-
income
31 687
44 101
-
-
surtax
-
-
-
-
total
31 687
44 101
-
-
Dividends
81 479
113 399
-
-
social contributions
14 014
19 507
-
-
surtax
-
-
-
-
withholding
10 429
14 515
-
-
total
24 443
34 022
-
-
Income
157 500
157 500
157 500
157 500
Total tax
73 457
78 123
73 039
69 575
After tax
84 043
79 377
84 461
87 925
Living cost
27 007
27 007
27 007
27 007
Free-cash
57 036
52 370
57 454
60 918

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
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
₽40346
₽67336
₽52601
₽45182
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
-
-
-
157 500
pensions
-
-
-
9 249
income
-
-
-
52 848
health
-
-
-
9 734
total
-
-
-
71 831
Employee
67 409
67 409
142 830
-
health
10 347
8 801
9 734
-
pensions
12 134
9 249
9 249
-
income

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

11 034
11 034
23 443
-
total
33 515
29 084
42 426
-
Employer
67 409
67 409
142 830
-
health
4 686
4 686
5 823
-
pensions
4 692
4 692
5 832
-
unemployment
2 427
2 427
3 015
-
total
11 805
11 805
14 670
-
Corporate
79 114
78 287
-
-
income
15 823
15 657
-
-
total
15 823
15 657
-
-
Dividends
63 290
62 630
-
-
income
13 449
13 310
-
-
withholding
9 494
9 394
-
-
total
22 943
22 704
-
-
Income
157 500
157 500
157 500
157 500
Total tax
84 086
79 250
57 096
71 831
After tax
73 414
78 250
100 404
85 669
Living cost
33 068
33 068
33 068
33 068
Free-cash
40 346
45 182
67 336
52 601

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
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
₽64231
₽74675
₽55649
₽55497
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.

-
-
-
157 500
trade
-
-
-
19 026
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.

-
-
-
50 732
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.

-
-
-
5 393
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.

-
-
-
2 791
total
-
-
-
77 942
Employee

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

30 192
-
157 500
-
health

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

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

5 393
-
5 393
-
income

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

843
-
50 732
-
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
-
2 791
-
total
6 282
-
58 916
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 308
157 500
-
-
income
19 096
23 625
-
-
trade
20 050
24 807
-
-
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.

1 050
1 299
-
-
chamber of commerce
303
346
-
-
total
40 499
50 077
-
-
Dividends
86 809
107 424
-
-
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.

1 177
1 461
-
-
withholding
21 402
26 556
-
-
total
22 579
28 017
-
-
Income
157 500
157 500
157 500
157 500
Total tax
69 360
78 094
58 916
77 942
After tax
88 140
79 406
98 584
79 558
Living cost
23 909
23 909
23 909
23 909
Free-cash
64 231
55 497
74 675
55 649

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽92265
₽87116
₽88451
₽96561
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
-
-
-
157 500
income
-
-
-
33 985
health
-
-
-
4 016
social contributions
-
-
-
12 772
total
-
-
-
50 773
Employee
60 699
60 699
147 968
-
health
470
1 032
2 515
-
income
6 609
5 619
33 266
-
social contributions
2 295
5 038
6 795
-
total
9 374
11 689
42 576
-
Employer
60 699
60 699
147 968
-
health
511
1 123
2 737
-
social contributions
2 295
5 038
6 795
-
total
2 806
6 161
9 532
-
Corporate
127 044
90 640
-
-
income
15 880
11 331
-
-
total
15 880
11 331
-
-
Dividends
111 164
79 309
-
-
withholding
18 899
13 482
-
-
total
18 899
13 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
46 959
42 663
52 108
50 773
After tax
110 541
114 837
105 392
106 727
Living cost
18 276
18 276
18 276
18 276
Free-cash
92 265
96 561
87 116
88 451

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽64031
₽46463
₽58405
₽64826
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.

-
-
-
157 500
income
-
-
-
19 603
social contributions

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

-
-
-
54 732
surtax
-
-
-
-
total
-
-
-
74 335
Employee
36 305
-
127 272
-
income
7 552
-
42 049
-
social contributions
3 994
-
14 000
-
surtax
-
-
-
-
total
11 546
-
56 049
-
Employer
36 305
-
127 272
-
social contributions
8 622
-
30 228
-
total
8 622
-
30 228
-
Corporate
112 573
157 500
-
-
income
23 640
33 075
-
-
surtax
-
-
-
-
total
23 640
33 075
-
-
Dividends
88 933
124 425
-
-
withholding
24 901
34 839
-
-
total
24 901
34 839
-
-
Income
157 500
157 500
157 500
157 500
Total tax
68 709
67 914
86 277
74 335
After tax
88 791
89 586
71 223
83 165
Living cost
24 760
24 760
24 760
24 760
Free-cash
64 031
64 826
46 463
58 405

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
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.
₽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
Batumi , Georgia
₽142517
₽120014
₽149939
₽143639
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%.

-
-
-
157 500
microenterprise

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

-
-
-
1 575
total
-
-
-
1 575
Employee
7 482
-
157 500
-
income
1 496
-
31 500
-
total
1 496
-
31 500
-
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%.

150 018
157 500
-
-
total
-
-
-
-
Dividends
150 018
157 500
-
-
withholding
7 501
7 875
-
-
total
7 501
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
8 997
7 875
31 500
1 575
After tax
148 503
149 625
126 000
155 925
Living cost
5 986
5 986
5 986
5 986
Free-cash
142 517
143 639
120 014
149 939

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1614
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
₽80663
₽50644
₽54067
₽87265
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.

-
-
-
157 500
pensions
-
-
-
28 763
unemployment
-
-
-
237
income
-
-
-
37 762
health
-
-
-
15 498
total
-
-
-
82 260
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.

34 906
-
136 281
-
health
2 254
-
8 804
-
unemployment
49
-
190
-
pensions
5 411
-
21 123
-
income
6 020
-
34 348
-
total
13 734
-
64 465
-
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.

34 906
-
136 281
-
health
2 325
-
9 076
-
pensions
3 089
-
12 060
-
unemployment
21
-
82
-
total
5 435
-
21 218
-
Corporate
117 159
157 500
-
-
income
22 260
29 925
-
-
total
22 260
29 925
-
-
Dividends
94 899
127 575
-
-
withholding
14 235
19 137
-
-
total
14 235
19 137
-
-
Income
157 500
157 500
157 500
157 500
Total tax
55 664
49 062
85 683
82 260
After tax
101 836
108 438
71 817
75 240
Living cost
21 173
21 173
21 173
21 173
Free-cash
80 663
87 265
50 644
54 067

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽72310
₽82205
₽100255
₽69550
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.

-
-
-
157 500
income
-
-
-
23 625
health

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

-
-
-
4 966
total
-
-
-
28 591
Employee
36 212
-
153 869
-
social contributions
3 628
-
3 631
-
income
3 929
-
39 379
-
total
7 557
-
43 010
-
Employer
36 212
-
153 869
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
117 660
157 500
-
-
income
41 181
55 126
-
-
total
41 181
55 126
-
-
Dividends
76 479
102 374
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 536
59 296
46 641
28 591
After tax
100 964
98 204
110 859
128 909
Living cost
28 654
28 654
28 654
28 654
Free-cash
72 310
69 550
82 205
100 255

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽79760
₽80617
₽84407
₽79351
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
-
-
-
157 500
income
-
-
-
23 625
health
-
-
-
10 994
social contributions
-
-
-
21 736
total
-
-
-
56 355
Employee
26 764
-
157 500
-
health
1 868
-
10 994
-
income
4 464
-
27 415
-
social contributions
3 694
-
21 736
-
total
10 026
-
60 145
-
Employer
26 764
-
157 500
-
total
-
-
-
-
Corporate
130 736
157 500
-
-
income

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

6 537
7 875
-
-
total
6 537
7 875
-
-
Dividends
124 198
149 625
-
-
social contributions
17 140
20 648
-
-
withholding
18 630
22 444
-
-
health
8 669
10 444
-
-
total
44 439
53 536
-
-
Income
157 500
157 500
157 500
157 500
Total tax
61 002
61 411
60 145
56 355
After tax
96 498
96 089
97 355
101 145
Living cost
16 738
16 738
16 738
16 738
Free-cash
79 760
79 351
80 617
84 407

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽78437
₽63401
₽70203
₽86327
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
-
-
-
157 500
income
-
-
-
16 562
health
-
-
-
21 262
social contributions
-
-
-
25 822
solidarity contribution
-
-
-
1 539
total
-
-
-
65 185
Employee
32 518
-
124 213
-
health
4 390
-
16 769
-
solidarity contribution
-
-
929
-
income
3 902
-
15 254
-
social contributions
2 114
-
5 748
-
total
10 406
-
38 700
-
Employer
32 518
-
124 213
-
health
2 927
-
11 179
-
social contributions
8 130
-
22 108
-
total
11 057
-
33 287
-
Corporate
113 925
157 500
-
-
income
21 646
29 925
-
-
total
21 646
29 925
-
-
Dividends
92 280
127 575
-
-
withholding
13 842
19 136
-
-
total
13 842
19 136
-
-
Income
157 500
157 500
157 500
157 500
Total tax
56 951
49 061
71 987
65 185
After tax
100 549
108 439
85 513
92 315
Living cost
22 112
22 112
22 112
22 112
Free-cash
78 437
86 327
63 401
70 203

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4061
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
₽138548
₽116672
₽146597
₽140297
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%.

-
-
-
157 500
microenterprise

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

-
-
-
1 575
total
-
-
-
1 575
Employee
11 661
-
157 500
-
income
2 332
-
31 500
-
total
2 332
-
31 500
-
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%.

145 839
157 500
-
-
total
-
-
-
-
Dividends
145 839
157 500
-
-
withholding
7 292
7 875
-
-
total
7 292
7 875
-
-
Income
157 500
157 500
157 500
157 500
Total tax
9 624
7 875
31 500
1 575
After tax
147 876
149 625
126 000
155 925
Living cost
9 328
9 328
9 328
9 328
Free-cash
138 548
140 297
116 672
146 597

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2311
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
₽46679
₽46335
₽49799
₽41251
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
-
-
-
157 500
income
-
-
-
26 642
other
-
-
-
4 882
health
-
-
-
7 237
social contributions
-
-
-
4 488
pensions
-
-
-
26 326
surtax
-
-
-
-
total
-
-
-
69 575
Employee
49 440
-
121 014
-
pensions
5 592
-
8 781
-
income
4 314
-
24 322
-
social contributions
1 408
-
3 448
-
surtax
-
-
-
-
total
11 314
-
36 551
-
Employer
49 440
-
121 014
-
health
3 460
-
11 630
-
social contributions
148
-
363
-
pensions
8 124
-
14 717
-
unemployment
2 003
-
4 901
-
other
1 706
-
4 877
-
total
15 441
-
36 488
-
Corporate
92 619
157 500
-
-
income
25 933
44 101
-
-
surtax
-
-
-
-
total
25 933
44 101
-
-
Dividends
66 686
113 399
-
-
social contributions
11 472
19 507
-
-
surtax
-
-
-
-
withholding
8 535
14 515
-
-
total
20 007
34 022
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 695
78 123
73 039
69 575
After tax
84 805
79 377
84 461
87 925
Living cost
38 126
38 126
38 126
38 126
Free-cash
46 679
41 251
46 335
49 799

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
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
₽96314
₽85823
₽85824
₽100186
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.

-
-
-
157 500
pensions
-
-
-
15 119
unemployment
-
-
-
872
income
-
-
-
36 088
health
-
-
-
5 989
total
-
-
-
58 068
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.

20 519
-
147 091
-
health
1 057
-
2 995
-
unemployment
154
-
436
-
pensions
2 873
-
8 141
-
income
2 828
-
36 088
-
total
6 912
-
47 660
-
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.

20 519
-
147 091
-
health
1 057
-
2 995
-
pensions
2 462
-
6 978
-
unemployment
154
-
436
-
total
3 673
-
10 409
-
Corporate
133 308
157 500
-
-
income
19 996
23 625
-
-
total
19 996
23 625
-
-
Dividends
113 312
133 875
-
-
withholding
16 997
20 081
-
-
total
16 997
20 081
-
-
Income
157 500
157 500
157 500
157 500
Total tax
47 578
43 706
58 069
58 068
After tax
109 922
113 794
99 431
99 432
Living cost
13 608
13 608
13 608
13 608
Free-cash
96 314
100 186
85 823
85 824

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
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
₽41283
₽65482
₽71232
₽18298
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
-
-
-
157 500
pensions
-
-
-
14 490
city
-
-
-
1 660
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.

-
-
-
3 150
health
-
-
-
355
regional
-
-
-
8 825
national
-
-
-
4 066
total
-
-
-
32 546
Employee
62 868
-
141 755
-
health
142
-
319
-
unemployment
-
-
-
-
city
675
-
1 533
-
pensions
5 282
-
11 031
-
regional
2 059
-
7 865
-
national
298
-
3 363
-
total
8 456
-
24 111
-
Employer
62 868
-
141 755
-
health
142
-
319
-
pensions
5 282
-
11 031
-
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.

1 257
-
2 835
-
total
6 681
-
14 185
-
Corporate
87 260
157 500
-
-
regional
18 456
33 312
-
-
national
7 418
13 388
-
-
total
25 874
46 700
-
-
Dividends
61 386
110 800
-
-
withholding
21 484
38 780
-
-
total
21 484
38 780
-
-
Income
157 500
157 500
157 500
157 500
Total tax
62 495
85 480
38 296
32 546
After tax
95 005
72 020
119 204
124 954
Living cost
53 722
53 722
53 722
53 722
Free-cash
41 283
18 298
65 482
71 232

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13307
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
₽69669
₽50558
₽68599
₽67240
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

-
-
-
157 500
municipal
-
-
-
27 973
health
-
-
-
2 096
national
-
-
-
28 526
total
-
-
-
58 595
Employee
41 530
-
132 499
-
health
310
-
1 711
-
unemployment
623
-
1 988
-
pensions
2 803
-
8 943
-
national
686
-
17 419
-
municipal
6 802
-
21 574
-
total
11 224
-
51 635
-
Employer
41 530
-
132 499
-
health
319
-
1 020
-
pensions
7 205
-
22 988
-
accident
42
-
132
-
unemployment
270
-
861
-
total
7 836
-
25 001
-
Corporate
108 134
157 500
-
-
income
21 626
31 500
-
-
total
21 626
31 500
-
-
Dividends

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

64 880
94 500
-
-
municipal
11 678
17 010
-
-
national
5 161
11 444
-
-
total
16 839
28 454
-
-
Income
157 500
157 500
157 500
157 500
Total tax
57 525
59 954
76 636
58 595
After tax
99 975
97 546
80 864
98 905
Living cost
30 306
30 306
30 306
30 306
Free-cash
69 669
67 240
50 558
68 599

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽47427
₽25639
₽39620
₽58770
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
-
-
-
157 500
communal

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

-
-
-
8 269
social contributions
-
-
-
19 680
national
-
-
-
61 149
total
-
-
-
89 098
Employee

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

56 464
-
121 990
-
health

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

2 653
-
5 734
-
communal

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

2 945
-
6 363
-
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
-
1 061
-
pensions

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

4 235
-
9 150
-
national
17 359
-
45 262
-
total
27 683
-
67 570
-
Employer

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

56 464
-
121 990
-
health

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

3 472
-
7 503
-
pensions

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

5 003
-
10 808
-
surtax
6 402
-
13 832
-
accident

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

734
-
1 585
-
unemployment

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

824
-
1 781
-
total
16 435
-
35 509
-
Corporate
84 600
157 500
-
-
income
16 920
32 193
-
-
surtax
339
644
-
-
total
17 259
32 837
-
-
Dividends
67 342
124 663
-
-
withholding

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

19 914
37 111
-
-
total
19 914
37 111
-
-
Income
157 500
157 500
157 500
157 500
Total tax
81 291
69 948
103 079
89 098
After tax
76 209
87 552
54 421
68 402
Living cost
28 782
28 782
28 782
28 782
Free-cash
47 427
58 770
25 639
39 620

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7276
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
₽51059
₽45465
₽46294
₽51824
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
-
-
-
157 500
unemployment
-
-
-
75
municipal
-
-
-
40 497
other
-
-
-
8 702
health
-
-
-
4 673
national
-
-
-
14 842
accident
-
-
-
150
pensions
-
-
-
8 096
total
-
-
-
77 035
Employee
48 691
-
133 969
-
national
-
-
14 383
-
municipal
14 520
-
39 950
-
total
14 520
-
54 333
-
Employer
48 691
-
133 969
-
health
2 994
-
4 606
-
pensions
5 263
-
8 096
-
accident
97
-
150
-
unemployment
1 285
-
1 977
-
other
5 658
-
8 702
-
total
15 297
-
23 531
-
Corporate
93 510
157 500
-
-
income
20 572
34 650
-
-
total
20 572
34 650
-
-
Dividends
72 938
122 850
-
-
withholding
21 881
36 855
-
-
total
21 881
36 855
-
-
Income
157 500
157 500
157 500
157 500
Total tax
72 270
71 505
77 864
77 035
After tax
85 230
85 995
79 636
80 465
Living cost
34 171
34 171
34 171
34 171
Free-cash
51 059
51 824
45 465
46 294

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
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
₽16024
₽107972
₽70889
₽57867
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
-
-
-
157 500
income
-
-
-
30 700
social contributions
-
-
-
17 955
total
-
-
-
48 655
Employee
54 424
-
-
-
income
12 005
-
-
-
social contributions
4 463
-
636
-
total
16 468
-
636
-
Employer
54 424
-
-
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
26 338
157 500
-
-
income
5 794
34 650
-
-
total
5 794
34 650
-
-
Dividends
20 544
122 850
-
-
income
4 520
27 027
-
-
total
4 520
27 027
-
-
Income
157 500
157 500
157 500
157 500
Total tax
103 520
61 677
11 572
48 655
After tax
53 980
95 823
145 928
108 845
Living cost
37 956
37 956
37 956
37 956
Free-cash
16 024
57 867
107 972
70 889

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9275
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
₽85959
₽79789
₽81124
₽89234
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
-
-
-
157 500
income
-
-
-
33 985
health
-
-
-
4 016
social contributions
-
-
-
12 772
total
-
-
-
50 773
Employee
60 699
60 699
147 968
-
health
604
1 032
2 515
-
income
6 374
5 619
33 266
-
social contributions
2 950
5 038
6 795
-
total
9 928
11 689
42 576
-
Employer
60 699
60 699
147 968
-
health
658
1 123
2 737
-
social contributions
2 950
5 038
6 795
-
total
3 608
6 161
9 532
-
Corporate
118 362
90 640
-
-
income
14 796
11 331
-
-
total
14 796
11 331
-
-
Dividends
103 567
79 309
-
-
withholding
17 606
13 482
-
-
total
17 606
13 482
-
-
Income
157 500
157 500
157 500
157 500
Total tax
45 938
42 663
52 108
50 773
After tax
111 562
114 837
105 392
106 727
Living cost
25 603
25 603
25 603
25 603
Free-cash
85 959
89 234
79 789
81 124

Estimated living cost  is ₽25603 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽76841
₽60354
₽74477
₽72350
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
-
-
-
157 500
income
-
-
-
47 553
pensions
-
-
-
7 301
total
-
-
-
54 854
Employee
38 666
-
137 363
-
health
504
-
1 899
-
pensions
2 951
-
8 805
-
income
7 041
-
38 136
-
total
10 496
-
48 840
-
Employer
38 666
-
137 363
-
health
735
-
2 610
-
pensions
3 907
-
17 527
-
total
4 642
-
20 137
-
Corporate
114 193
157 500
-
-
income

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

21 697
29 924
-
-
total
21 697
29 924
-
-
Dividends
92 496
127 576
-
-
withholding
15 655
27 057
-
-
total
15 655
27 057
-
-
Income
157 500
157 500
157 500
157 500
Total tax
52 490
56 981
68 977
54 854
After tax
105 010
100 519
88 523
102 646
Living cost
28 169
28 169
28 169
28 169
Free-cash
76 841
72 350
60 354
74 477

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽47923
₽34689
₽41313
₽51513
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
-
-
-
157 500
municipal
-
-
-
1 062
regional
-
-
-
3 665
social contributions
-
-
-
39 508
national
-
-
-
40 505
total
-
-
-
84 740
Employee
66 517
-
157 500
-
social contributions
22 429
-
51 796
-
regional
1 004
-
3 263
-
national
11 241
-
35 354
-
municipal
397
-
951
-
total
35 071
-
91 364
-
Employer
66 517
-
157 500
-
total
-
-
-
-
Corporate
90 983
157 500
-
-
nationa
21 836
37 800
-
-
municipal
4 386
7 592
-
-
total
26 222
45 392
-
-
Dividends
64 760
112 108
-
-
withholding
16 837
29 148
-
-
total
16 837
29 148
-
-
Income
157 500
157 500
157 500
157 500
Total tax
78 130
74 540
91 364
84 740
After tax
79 370
82 960
66 136
72 760
Living cost
31 447
31 447
31 447
31 447
Free-cash
47 923
51 513
34 689
41 313

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽10174
₽69515
₽90751
-₽4077
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
-
-
-
157 500
pensions
-
-
-
3 184
income
-
-
-
44 585
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
49 915
Employee
26 480
-
143 171
-
health
3 032
-
16 393
-
pensions
2 982
-
5 838
-
income
3 633
-
34 591
-
total
9 647
-
56 822
-
Employer
26 480
-
143 171
-
pensions
4 306
-
8 430
-
accident
442
-
2 391
-
unemployment
649
-
3 508
-
total
5 397
-
14 329
-
Corporate
125 623
157 500
-
-
income

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

113 061
141 750
-
-
total
113 061
141 750
-
-
Dividends
12 562
15 750
-
-
withholding
2 387
2 993
-
-
total
2 387
2 993
-
-
Income
157 500
157 500
157 500
157 500
Total tax
130 492
144 743
71 151
49 915
After tax
27 008
12 757
86 349
107 585
Living cost
16 834
16 834
16 834
16 834
Free-cash
10 174
-4 077
69 515
90 751

Estimated living cost  is ₽16834 per week

₽12338
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.
₽3212
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
₽60877
₽68108
₽50773
₽50551
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.

-
-
-
157 500
trade
-
-
-
17 335
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.

-
-
-
50 732
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.

-
-
-
5 393
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.

-
-
-
2 791
total
-
-
-
76 251
Employee

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

39 276
-
157 500
-
health

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

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

5 393
-
5 393
-
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.

3 230
-
50 732
-
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
-
2 791
-
total
8 801
-
58 916
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
118 224
157 500
-
-
income
17 733
23 625
-
-
trade
16 965
22 602
-
-
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.

975
1 299
-
-
chamber of commerce
294
351
-
-
total
35 967
47 877
-
-
Dividends
82 257
109 625
-
-
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.

1 114
1 490
-
-
withholding
20 265
27 106
-
-
total
21 379
28 596
-
-
Income
157 500
157 500
157 500
157 500
Total tax
66 147
76 473
58 916
76 251
After tax
91 353
81 027
98 584
81 249
Living cost
30 476
30 476
30 476
30 476
Free-cash
60 877
50 551
68 108
50 773

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽103102
₽50999
₽39514
₽109578
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.

-
-
-
157 500
income
-
-
-
31 158
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.

-
-
-
30 244
surtax
-
-
-
40 162
total
-
-
-
101 564
Employee
23 066
-
121 475
-
income
4 106
-
26 093
-
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.

2 538
-
10 348
-
surtax
-
-
17 613
-
total
6 644
-
54 054
-
Employer
23 066
-
121 475
-
social contributions

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

5 556
-
22 663
-
surtax
-
-
13 362
-
total
5 556
-
36 025
-
Corporate
128 878
157 500
-
-
income

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

25 776
31 500
-
-
total
25 776
31 500
-
-
Dividends

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

103 102
126 000
-
-
total
-
-
-
-
Income
157 500
157 500
157 500
157 500
Total tax
37 976
31 500
90 079
101 564
After tax
119 524
126 000
67 421
55 936
Living cost
16 422
16 422
16 422
16 422
Free-cash
103 102
109 578
50 999
39 514

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4009
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
₽86904
₽86173
₽86867
₽88510
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
-
-
-
157 500
income
-
-
-
48 570
health
-
-
-
5 167
pensions
-
-
-
7 126
total
-
-
-
60 863
Employee
14 880
-
149 483
-
health
744
-
1 782
-
unemployment
149
-
356
-
pensions
1 339
-
3 207
-
income
2 879
-
48 195
-
total
5 111
-
53 540
-
Employer
14 880
-
149 483
-
health
1 414
-
3 385
-
pensions
1 637
-
3 919
-
unemployment
298
-
713
-
total
3 349
-
8 017
-
Corporate
139 272
157 500
-
-
income
30 640
34 650
-
-
total
30 640
34 650
-
-
Dividends
108 632
122 850
-
-
withholding
21 726
24 570
-
-
total
21 726
24 570
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 826
59 220
61 557
60 863
After tax
96 674
98 280
95 943
96 637
Living cost
9 770
9 770
9 770
9 770
Free-cash
86 904
88 510
86 173
86 867

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2948
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
₽78828
₽51730
₽56557
₽81337
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
-
-
-
157 500
pensions
-
-
-
21 071
unemployment
-
-
-
180
income
-
-
-
46 861
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
7 622
total
-
-
-
83 213
Employee
26 583
-
135 324
-
health
679
-
2 686
-
unemployment
1 850
-
7 333
-
pensions
1 774
-
7 027
-
income
4 456
-
42 140
-
other
-
-
-
-
surtax
94
-
6 677
-
total
8 853
-
65 863
-
Employer
26 583
-
135 324
-
health
1 209
-
4 794
-
pensions
3 544
-
14 044
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 177
-
Corporate
125 320
157 500
-
-
income
32 583
40 950
-
-
total
32 583
40 950
-
-
Dividends
92 738
116 550
-
-
withholding
13 910
17 483
-
-
total
13 910
17 483
-
-
Income
157 500
157 500
157 500
157 500
Total tax
60 942
58 433
88 040
83 213
After tax
96 558
99 067
69 460
74 287
Living cost
17 730
17 730
17 730
17 730
Free-cash
78 828
81 337
51 730
56 557

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
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
₽61478
₽16359
₽55857
₽61868
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
-
-
-
157 500
pensions
-
-
-
17 061
chamber of commerce
-