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
₽ 158000
per

Your estimated
City
free-cash

Valencia , Spain
₽80206
₽63746
₽67015
₽83645
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
-
-
-
158 000
unemployment
-
-
-
506
income
-
-
-
47 902
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
69 563
Employee
28 804
-
134 981
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
45 228
-
other
28
-
72
-
total
7 381
-
49 813
-
Employer
28 804
-
134 981
-
pensions
6 797
-
17 040
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 019
-
Corporate
120 012
158 000
-
-
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.

18 001
23 700
-
-
total
18 001
23 700
-
-
Dividends
102 011
134 300
-
-
withholding
21 806
29 233
-
-
total
21 806
29 233
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 372
52 933
72 832
69 563
After tax
101 628
105 067
85 168
88 437
Living cost
21 422
21 422
21 422
21 422
Free-cash
80 206
83 645
63 746
67 015

Estimated living cost  is ₽21422 per week

₽14459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4528
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
₽90066
₽70242
₽71588
₽95325
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
-
-
-
158 000
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.

-
-
-
28 431
income
-
-
-
26 386
other
-
-
-
5 626
health
-
-
-
5 212
total
-
-
-
65 655
Employee
28 285
-
128 072
-
health
396
-
1 659
-
unemployment
282
-
1 184
-
pensions

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

1 979
-
8 292
-
income
4 870
-
25 938
-
total
7 527
-
37 073
-
Employer
28 285
-
128 072
-
health
396
-
1 659
-
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.

4 809
-
20 139
-
accident
226
-
1 024
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
29 928
-
Corporate
122 587
158 000
-
-
income
25 743
33 181
-
-
total
25 743
33 181
-
-
Dividends
96 844
124 819
-
-
withholding
6 779
8 737
-
-
total
6 779
8 737
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 177
41 918
67 001
65 655
After tax
110 823
116 082
90 999
92 345
Living cost
20 757
20 757
20 757
20 757
Free-cash
90 066
95 325
70 242
71 588

Estimated living cost  is ₽20757 per week

₽14666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
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.
₽4355
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
₽121252
₽123232
₽116812
₽124871
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
-
-
-
158 000
pensions

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

-
-
-
4 029
unemployment
-
-
-
109
income
-
-
-
23 700
health
-
-
-
3 131
total
-
-
-
30 969
Employee
13 532
-
152 659
-
health
622
-
1 252
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
pensions

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

1 188
-
2 391
-
income
1 353
-
15 266
-
total
3 312
-
19 208
-
Employer
13 532
-
152 659
-
health
934
-
1 879
-
pensions

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

1 491
-
3 000
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 655
-
5 341
-
Corporate
141 813
158 000
-
-
income
14 181
15 800
-
-
total
14 181
15 800
-
-
Dividends
127 632
142 200
-
-
withholding
6 381
7 110
-
-
total
6 381
7 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
26 529
22 910
24 549
30 969
After tax
131 471
135 090
133 451
127 031
Living cost
10 219
10 219
10 219
10 219
Free-cash
121 252
124 871
123 232
116 812

Estimated living cost  is ₽10219 per week

₽5966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3253
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
₽57583
₽57771
₽61304
₽52980
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
-
-
-
158 000
income
-
-
-
27 125
other
-
-
-
4 898
health
-
-
-
7 329
social contributions
-
-
-
4 501
pensions
-
-
-
26 191
surtax
-
-
-
-
total
-
-
-
70 044
Employee
33 340
-
121 270
-
pensions
3 770
-
8 851
-
income
1 968
-
24 544
-
social contributions
951
-
3 455
-
surtax
-
-
-
-
total
6 689
-
36 850
-
Employer
33 340
-
121 270
-
health
2 334
-
11 716
-
social contributions
101
-
364
-
pensions
5 477
-
14 826
-
unemployment
1 350
-
4 911
-
other
1 150
-
4 910
-
total
10 412
-
36 727
-
Corporate
114 248
158 000
-
-
income
31 989
44 240
-
-
surtax
-
-
-
-
total
31 989
44 240
-
-
Dividends
82 259
113 760
-
-
social contributions
14 147
19 567
-
-
surtax
-
-
-
-
withholding
10 528
14 561
-
-
total
24 675
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
73 765
78 368
73 577
70 044
After tax
84 235
79 632
84 423
87 956
Living cost
26 652
26 652
26 652
26 652
Free-cash
57 583
52 980
57 771
61 304

Estimated living cost  is ₽26652 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7227
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
₽41128
₽68336
₽53149
₽45900
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
-
-
-
158 000
pensions
-
-
-
9 127
income
-
-
-
53 484
health
-
-
-
9 606
total
-
-
-
72 217
Employee
66 524
66 524
143 523
-
health
10 211
8 685
9 606
-
pensions
11 974
9 127
9 127
-
income

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

10 889
10 889
23 821
-
total
33 074
28 701
42 554
-
Employer
66 524
66 524
143 523
-
health
4 624
4 624
5 746
-
pensions
4 630
4 630
5 755
-
unemployment
2 395
2 395
2 976
-
total
11 649
11 649
14 477
-
Corporate
80 643
79 827
-
-
income
16 128
15 966
-
-
total
16 128
15 966
-
-
Dividends
64 515
63 862
-
-
income
13 710
13 571
-
-
withholding
9 677
9 579
-
-
total
23 387
23 150
-
-
Income
158 000
158 000
158 000
158 000
Total tax
84 238
79 466
57 031
72 217
After tax
73 762
78 534
100 969
85 783
Living cost
32 634
32 634
32 634
32 634
Free-cash
41 128
45 900
68 336
53 149

Estimated living cost  is ₽32634 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽6046
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
₽64676
₽75127
₽55946
₽56061
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.

-
-
-
158 000
trade
-
-
-
19 181
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.

-
-
-
51 143
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.

-
-
-
5 322
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.

-
-
-
2 813
total
-
-
-
78 459
Employee

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

29 795
-
158 000
-
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.

5 322
-
5 322
-
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.

832
-
51 143
-
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
-
2 813
-
total
6 200
-
59 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 205
158 000
-
-
income
19 231
23 700
-
-
trade
20 192
24 884
-
-
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.

1 057
1 304
-
-
chamber of commerce
303
346
-
-
total
40 783
50 234
-
-
Dividends
87 421
107 766
-
-
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.

1 186
1 465
-
-
withholding
21 560
26 645
-
-
total
22 746
28 110
-
-
Income
158 000
158 000
158 000
158 000
Total tax
69 729
78 344
59 278
78 459
After tax
88 271
79 656
98 722
79 541
Living cost
23 595
23 595
23 595
23 595
Free-cash
64 676
56 061
75 127
55 946

Estimated living cost  is ₽23595 per week

₽14842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
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.
₽5561
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
₽92920
₽87583
₽88917
₽97156
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
-
-
-
158 000
income
-
-
-
34 415
health
-
-
-
4 028
social contributions
-
-
-
12 604
total
-
-
-
51 047
Employee
59 902
59 902
148 546
-
health
464
1 019
2 525
-
income
6 522
5 545
33 696
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
42 927
-
Employer
59 902
59 902
148 546
-
health
504
1 109
2 748
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
9 454
-
Corporate
127 944
92 018
-
-
income
15 992
11 503
-
-
total
15 992
11 503
-
-
Dividends
111 952
80 516
-
-
withholding
19 032
13 688
-
-
total
19 032
13 688
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 044
42 808
52 381
51 047
After tax
110 956
115 192
105 619
106 953
Living cost
18 036
18 036
18 036
18 036
Free-cash
92 920
97 156
87 583
88 917

Estimated living cost  is ₽18036 per week

₽10809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽5059
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
₽64651
₽46869
₽58847
₽65434
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.

-
-
-
158 000
income
-
-
-
19 812
social contributions

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

-
-
-
54 906
surtax
-
-
-
-
total
-
-
-
74 718
Employee
35 828
-
127 677
-
income
7 452
-
42 329
-
social contributions
3 941
-
14 044
-
surtax
-
-
-
-
total
11 393
-
56 373
-
Employer
35 828
-
127 677
-
social contributions
8 509
-
30 323
-
total
8 509
-
30 323
-
Corporate
113 663
158 000
-
-
income
23 869
33 181
-
-
surtax
-
-
-
-
total
23 869
33 181
-
-
Dividends
89 794
124 819
-
-
withholding
25 143
34 950
-
-
total
25 143
34 950
-
-
Income
158 000
158 000
158 000
158 000
Total tax
68 914
68 131
86 696
74 718
After tax
89 086
89 869
71 304
83 282
Living cost
24 435
24 435
24 435
24 435
Free-cash
64 651
65 434
46 869
58 847

Estimated living cost  is ₽24435 per week

₽18282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
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
₽143197
₽120587
₽150607
₽144287
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%.

-
-
-
158 000
microenterprise

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

-
-
-
1 580
total
-
-
-
1 580
Employee
7 266
-
158 000
-
income
1 453
-
31 600
-
total
1 453
-
31 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

150 734
158 000
-
-
total
-
-
-
-
Dividends
150 734
158 000
-
-
withholding
7 537
7 900
-
-
total
7 537
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
8 990
7 900
31 600
1 580
After tax
149 010
150 100
126 400
156 420
Living cost
5 813
5 813
5 813
5 813
Free-cash
143 197
144 287
120 587
150 607

Estimated living cost  is ₽5813 per week

₽3602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1567
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
₽81373
₽50850
₽54279
₽87888
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.

-
-
-
158 000
pensions
-
-
-
28 855
unemployment
-
-
-
237
income
-
-
-
38 187
health
-
-
-
15 547
total
-
-
-
82 826
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.

34 448
-
136 714
-
health
2 225
-
8 831
-
unemployment
49
-
191
-
pensions
5 340
-
21 190
-
income
5 940
-
34 757
-
total
13 554
-
64 969
-
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.

34 448
-
136 714
-
health
2 294
-
9 105
-
pensions
3 048
-
12 100
-
unemployment
21
-
81
-
total
5 363
-
21 286
-
Corporate
118 189
158 000
-
-
income
22 455
30 020
-
-
total
22 455
30 020
-
-
Dividends
95 734
127 980
-
-
withholding
14 360
19 197
-
-
total
14 360
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
55 732
49 217
86 255
82 826
After tax
102 268
108 783
71 745
75 174
Living cost
20 895
20 895
20 895
20 895
Free-cash
81 373
87 888
50 850
54 279

Estimated living cost  is ₽20895 per week

₽14340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
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.
₽4812
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
₽73029
₽82796
₽101048
₽70306
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.

-
-
-
158 000
income
-
-
-
23 700
health

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

-
-
-
4 974
total
-
-
-
28 674
Employee
35 736
-
154 417
-
social contributions
3 580
-
3 583
-
income
3 878
-
39 760
-
total
7 458
-
43 343
-
Employer
35 736
-
154 417
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
118 684
158 000
-
-
income
41 539
55 300
-
-
total
41 539
55 300
-
-
Dividends
77 145
102 700
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 693
59 416
46 926
28 674
After tax
101 307
98 584
111 074
129 326
Living cost
28 278
28 278
28 278
28 278
Free-cash
73 029
70 306
82 796
101 048

Estimated living cost  is ₽28278 per week

₽18627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽6988
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
₽80282
₽81081
₽84950
₽79876
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
-
-
-
158 000
income
-
-
-
23 700
health
-
-
-
11 028
social contributions
-
-
-
21 803
total
-
-
-
56 531
Employee
26 413
-
158 000
-
health
1 843
-
11 028
-
income
4 405
-
27 569
-
social contributions
3 645
-
21 803
-
total
9 893
-
60 400
-
Employer
26 413
-
158 000
-
total
-
-
-
-
Corporate
131 587
158 000
-
-
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%.

6 580
7 900
-
-
total
6 580
7 900
-
-
Dividends
125 007
150 100
-
-
social contributions
17 250
20 714
-
-
withholding
18 751
22 515
-
-
health
8 725
10 477
-
-
total
44 726
53 706
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 199
61 606
60 400
56 531
After tax
96 801
96 394
97 600
101 469
Living cost
16 518
16 518
16 518
16 518
Free-cash
80 282
79 876
81 081
84 950

Estimated living cost  is ₽16518 per week

₽11055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1019
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.
₽4064
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
₽79212
₽64196
₽71053
₽86986
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
-
-
-
158 000
income
-
-
-
16 683
health
-
-
-
21 330
social contributions
-
-
-
25 453
solidarity contribution
-
-
-
1 684
total
-
-
-
65 150
Employee
32 054
-
124 962
-
health
4 327
-
16 870
-
solidarity contribution
-
-
1 068
-
income
3 846
-
15 364
-
social contributions
2 083
-
5 666
-
total
10 256
-
38 968
-
Employer
32 054
-
124 962
-
health
2 885
-
11 247
-
social contributions
8 013
-
21 792
-
total
10 898
-
33 039
-
Corporate
115 048
158 000
-
-
income
21 859
30 020
-
-
total
21 859
30 020
-
-
Dividends
93 189
127 980
-
-
withholding
13 978
19 197
-
-
total
13 978
19 197
-
-
Income
158 000
158 000
158 000
158 000
Total tax
56 991
49 217
72 007
65 150
After tax
101 009
108 783
85 993
92 850
Living cost
21 797
21 797
21 797
21 797
Free-cash
79 212
86 986
64 196
71 053

Estimated living cost  is ₽21797 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽4003
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
₽139343
₽117342
₽147362
₽141042
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%.

-
-
-
158 000
microenterprise

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

-
-
-
1 580
total
-
-
-
1 580
Employee
11 323
-
158 000
-
income
2 265
-
31 600
-
total
2 265
-
31 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

146 677
158 000
-
-
total
-
-
-
-
Dividends
146 677
158 000
-
-
withholding
7 334
7 900
-
-
total
7 334
7 900
-
-
Income
158 000
158 000
158 000
158 000
Total tax
9 599
7 900
31 600
1 580
After tax
148 401
150 100
126 400
156 420
Living cost
9 058
9 058
9 058
9 058
Free-cash
139 343
141 042
117 342
147 362

Estimated living cost  is ₽9058 per week

₽6130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2244
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
₽47360
₽46798
₽50331
₽42007
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
-
-
-
158 000
income
-
-
-
27 125
other
-
-
-
4 898
health
-
-
-
7 329
social contributions
-
-
-
4 501
pensions
-
-
-
26 191
surtax
-
-
-
-
total
-
-
-
70 044
Employee
48 790
-
121 270
-
pensions
5 519
-
8 851
-
income
4 257
-
24 544
-
social contributions
1 390
-
3 455
-
surtax
-
-
-
-
total
11 166
-
36 850
-
Employer
48 790
-
121 270
-
health
3 415
-
11 716
-
social contributions
146
-
364
-
pensions
8 017
-
14 826
-
unemployment
1 976
-
4 911
-
other
1 684
-
4 910
-
total
15 238
-
36 727
-
Corporate
93 971
158 000
-
-
income
26 312
44 240
-
-
surtax
-
-
-
-
total
26 312
44 240
-
-
Dividends
67 659
113 760
-
-
social contributions
11 639
19 567
-
-
surtax
-
-
-
-
withholding
8 660
14 561
-
-
total
20 299
34 128
-
-
Income
158 000
158 000
158 000
158 000
Total tax
73 015
78 368
73 577
70 044
After tax
84 985
79 632
84 423
87 956
Living cost
37 625
37 625
37 625
37 625
Free-cash
47 360
42 007
46 798
50 331

Estimated living cost  is ₽37625 per week

₽25464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽8567
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
₽96919
₽86647
₽86645
₽100736
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.

-
-
-
158 000
pensions
-
-
-
14 910
unemployment
-
-
-
860
income
-
-
-
36 259
health
-
-
-
5 907
total
-
-
-
57 936
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.

20 235
-
147 735
-
health
1 042
-
2 953
-
unemployment
152
-
430
-
pensions
2 833
-
8 028
-
income
2 789
-
36 259
-
total
6 816
-
47 670
-
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.

20 235
-
147 735
-
health
1 042
-
2 953
-
pensions
2 428
-
6 881
-
unemployment
152
-
430
-
total
3 622
-
10 264
-
Corporate
134 142
158 000
-
-
income
20 121
23 700
-
-
total
20 121
23 700
-
-
Dividends
114 021
134 300
-
-
withholding
17 103
20 145
-
-
total
17 103
20 145
-
-
Income
158 000
158 000
158 000
158 000
Total tax
47 662
43 845
57 934
57 936
After tax
110 338
114 155
100 066
100 064
Living cost
13 419
13 419
13 419
13 419
Free-cash
96 919
100 736
86 647
86 645

Estimated living cost  is ₽13419 per week

₽9035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽2958
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
₽41634
₽66052
₽71775
₽18736
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
-
-
-
158 000
pensions
-
-
-
14 536
city
-
-
-
1 666
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.

-
-
-
3 160
health
-
-
-
356
regional
-
-
-
8 879
national
-
-
-
4 116
total
-
-
-
32 713
Employee
62 623
-
142 233
-
health
142
-
320
-
unemployment
-
-
-
-
city
672
-
1 539
-
pensions
5 261
-
11 038
-
regional
2 051
-
7 922
-
national
296
-
3 414
-
total
8 422
-
24 233
-
Employer
62 623
-
142 233
-
health
142
-
320
-
pensions
5 261
-
11 038
-
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.

1 252
-
2 845
-
total
6 655
-
14 203
-
Corporate
88 033
158 000
-
-
regional
18 619
33 417
-
-
national
7 482
13 431
-
-
total
26 101
46 848
-
-
Dividends
61 932
111 152
-
-
withholding
21 676
38 904
-
-
total
21 676
38 904
-
-
Income
158 000
158 000
158 000
158 000
Total tax
62 854
85 752
38 436
32 713
After tax
95 146
72 248
119 564
125 287
Living cost
53 512
53 512
53 512
53 512
Free-cash
41 634
18 736
66 052
71 775

Estimated living cost  is ₽53512 per week

₽34798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
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.
₽13255
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
₽70212
₽50884
₽68980
₽67807
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

-
-
-
158 000
municipal
-
-
-
28 061
health
-
-
-
2 108
national
-
-
-
28 943
total
-
-
-
59 112
Employee
40 985
-
132 919
-
health
306
-
1 722
-
unemployment
615
-
1 994
-
pensions
2 766
-
8 972
-
national
677
-
17 798
-
municipal
6 713
-
21 641
-
total
11 077
-
52 127
-
Employer
40 985
-
132 919
-
health
315
-
1 023
-
pensions
7 111
-
23 062
-
accident
41
-
133
-
unemployment
266
-
863
-
total
7 733
-
25 081
-
Corporate
109 282
158 000
-
-
income
21 857
31 600
-
-
total
21 857
31 600
-
-
Dividends

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

65 569
94 800
-
-
municipal
11 803
17 064
-
-
national
5 410
11 621
-
-
total
17 213
28 685
-
-
Income
158 000
158 000
158 000
158 000
Total tax
57 880
60 285
77 208
59 112
After tax
100 120
97 715
80 792
98 888
Living cost
29 908
29 908
29 908
29 908
Free-cash
70 212
67 807
50 884
68 980

Estimated living cost  is ₽29908 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7020
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
₽48236
₽26063
₽40231
₽59266
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
-
-
-
158 000
communal

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

-
-
-
8 314
social contributions
-
-
-
19 422
national
-
-
-
61 630
total
-
-
-
89 366
Employee

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

55 722
-
122 376
-
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.

2 618
-
5 752
-
communal

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

2 906
-
6 383
-
unemployment

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

485
-
1 064
-
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.

4 179
-
9 179
-
national
17 131
-
45 532
-
total
27 319
-
67 910
-
Employer

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

55 722
-
122 376
-
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.

3 427
-
7 526
-
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.

4 938
-
10 842
-
surtax
6 318
-
13 878
-
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.

724
-
1 591
-
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.

813
-
1 787
-
total
16 220
-
35 624
-
Corporate
86 058
158 000
-
-
income
17 212
32 515
-
-
surtax
344
650
-
-
total
17 556
33 165
-
-
Dividends
68 501
124 834
-
-
withholding

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

20 266
37 166
-
-
total
20 266
37 166
-
-
Income
158 000
158 000
158 000
158 000
Total tax
81 361
70 331
103 534
89 366
After tax
76 639
87 669
54 466
68 634
Living cost
28 403
28 403
28 403
28 403
Free-cash
48 236
59 266
26 063
40 231

Estimated living cost  is ₽28403 per week

₽18295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
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
₽51926
₽46130
₽46944
₽52680
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
-
-
-
158 000
unemployment
-
-
-
74
municipal
-
-
-
40 756
other
-
-
-
8 554
health
-
-
-
4 593
national
-
-
-
15 386
accident
-
-
-
147
pensions
-
-
-
7 958
total
-
-
-
77 468
Employee
47 860
-
134 871
-
national
-
-
14 935
-
municipal
14 272
-
40 218
-
total
14 272
-
55 153
-
Employer
47 860
-
134 871
-
health
2 943
-
4 527
-
pensions
5 174
-
7 958
-
accident
96
-
147
-
unemployment
1 263
-
1 943
-
other
5 561
-
8 554
-
total
15 037
-
23 129
-
Corporate
95 103
158 000
-
-
income
20 923
34 760
-
-
total
20 923
34 760
-
-
Dividends
74 180
123 240
-
-
withholding
22 254
36 972
-
-
total
22 254
36 972
-
-
Income
158 000
158 000
158 000
158 000
Total tax
72 486
71 732
78 282
77 468
After tax
85 514
86 268
79 718
80 532
Living cost
33 588
33 588
33 588
33 588
Free-cash
51 926
52 680
46 130
46 944

Estimated living cost  is ₽33588 per week

₽22261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽7521
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
₽18278
₽109682
₽72162
₽59098
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
-
-
-
158 000
income
-
-
-
30 797
social contributions
-
-
-
18 012
total
-
-
-
48 809
Employee
53 095
-
-
-
income
11 712
-
-
-
social contributions
4 354
-
620
-
total
16 066
-
620
-
Employer
53 095
-
-
-
social contributions
74 863
-
10 669
-
total
74 863
-
10 669
-
Corporate
30 042
158 000
-
-
income
6 609
34 760
-
-
total
6 609
34 760
-
-
Dividends
23 433
123 240
-
-
income
5 155
27 113
-
-
total
5 155
27 113
-
-
Income
158 000
158 000
158 000
158 000
Total tax
102 693
61 873
11 289
48 809
After tax
55 307
96 127
146 711
109 191
Living cost
37 029
37 029
37 029
37 029
Free-cash
18 278
59 098
109 682
72 162

Estimated living cost  is ₽37029 per week

₽24026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9049
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
₽86697
₽80352
₽81686
₽89925
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
-
-
-
158 000
income
-
-
-
34 415
health
-
-
-
4 028
social contributions
-
-
-
12 604
total
-
-
-
51 047
Employee
59 902
59 902
148 546
-
health
596
1 019
2 525
-
income
6 290
5 545
33 696
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
42 927
-
Employer
59 902
59 902
148 546
-
health
649
1 109
2 748
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
9 454
-
Corporate
119 377
92 018
-
-
income
14 922
11 503
-
-
total
14 922
11 503
-
-
Dividends
104 455
80 516
-
-
withholding
17 757
13 688
-
-
total
17 757
13 688
-
-
Income
158 000
158 000
158 000
158 000
Total tax
46 036
42 808
52 381
51 047
After tax
111 964
115 192
105 619
106 953
Living cost
25 267
25 267
25 267
25 267
Free-cash
86 697
89 925
80 352
81 686

Estimated living cost  is ₽25267 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5597
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
₽77187
₽60749
₽74910
₽72729
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
-
-
-
158 000
income
-
-
-
47 859
pensions
-
-
-
7 279
total
-
-
-
55 138
Employee
38 368
-
137 786
-
health
500
-
1 900
-
pensions
2 928
-
8 767
-
income
6 987
-
38 419
-
total
10 415
-
49 086
-
Employer
38 368
-
137 786
-
health
729
-
2 618
-
pensions
3 876
-
17 595
-
total
4 605
-
20 213
-
Corporate
115 027
158 000
-
-
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.

21 854
30 020
-
-
total
21 854
30 020
-
-
Dividends
93 172
127 980
-
-
withholding
15 987
27 299
-
-
total
15 987
27 299
-
-
Income
158 000
158 000
158 000
158 000
Total tax
52 861
57 319
69 299
55 138
After tax
105 139
100 681
88 701
102 862
Living cost
27 952
27 952
27 952
27 952
Free-cash
77 187
72 729
60 749
74 910

Estimated living cost  is ₽27952 per week

₽19175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5855
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
₽48646
₽35643
₽42125
₽52189
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
-
-
-
158 000
municipal
-
-
-
1 072
regional
-
-
-
3 702
social contributions
-
-
-
38 989
national
-
-
-
41 078
total
-
-
-
84 841
Employee
65 644
-
158 000
-
social contributions
22 135
-
51 115
-
regional
991
-
3 303
-
national
11 093
-
35 943
-
municipal
392
-
962
-
total
34 611
-
91 323
-
Employer
65 644
-
158 000
-
total
-
-
-
-
Corporate
92 356
158 000
-
-
nationa
22 166
37 920
-
-
municipal
4 451
7 616
-
-
total
26 617
45 536
-
-
Dividends
65 740
112 464
-
-
withholding
17 092
29 241
-
-
total
17 092
29 241
-
-
Income
158 000
158 000
158 000
158 000
Total tax
78 320
74 777
91 323
84 841
After tax
79 680
83 223
66 677
73 159
Living cost
31 034
31 034
31 034
31 034
Free-cash
48 646
52 189
35 643
42 125

Estimated living cost  is ₽31034 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6630
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
₽10220
₽69831
₽91111
-₽4015
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
-
-
-
158 000
pensions
-
-
-
3 180
income
-
-
-
44 753
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
50 076
Employee
26 447
-
143 662
-
health
3 028
-
16 450
-
pensions
2 978
-
5 830
-
income
3 628
-
34 738
-
total
9 634
-
57 018
-
Employer
26 447
-
143 662
-
pensions
4 300
-
8 419
-
accident
441
-
2 399
-
unemployment
648
-
3 520
-
total
5 389
-
14 338
-
Corporate
126 163
158 000
-
-
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.

113 547
142 200
-
-
total
113 547
142 200
-
-
Dividends
12 616
15 800
-
-
withholding
2 397
3 002
-
-
total
2 397
3 002
-
-
Income
158 000
158 000
158 000
158 000
Total tax
130 967
145 202
71 356
50 076
After tax
27 033
12 798
86 644
107 924
Living cost
16 813
16 813
16 813
16 813
Free-cash
10 220
-4 015
69 831
91 111

Estimated living cost  is ₽16813 per week

₽12322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
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.
₽3208
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
₽61397
₽68647
₽51172
₽51204
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.

-
-
-
158 000
trade
-
-
-
17 475
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.

-
-
-
51 143
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.

-
-
-
5 322
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.

-
-
-
2 813
total
-
-
-
76 753
Employee

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

38 760
-
158 000
-
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.

5 322
-
5 322
-
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.

3 187
-
51 143
-
surtax

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

176
-
2 813
-
total
8 685
-
59 278
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
119 240
158 000
-
-
income
17 886
23 700
-
-
trade
17 111
22 673
-
-
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.

983
1 304
-
-
chamber of commerce
293
350
-
-
total
36 273
48 027
-
-
Dividends
82 967
109 973
-
-
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.

1 125
1 496
-
-
withholding
20 445
27 198
-
-
total
21 570
28 694
-
-
Income
158 000
158 000
158 000
158 000
Total tax
66 528
76 721
59 278
76 753
After tax
91 472
81 279
98 722
81 247
Living cost
30 075
30 075
30 075
30 075
Free-cash
61 397
51 204
68 647
51 172

Estimated living cost  is ₽30075 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
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
₽103804
₽51582
₽40102
₽110193
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.

-
-
-
158 000
income
-
-
-
31 554
microenterprise
-
-
-
-
social contributions

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

-
-
-
29 847
surtax
-
-
-
40 290
total
-
-
-
101 691
Employee
22 763
-
122 194
-
income
4 052
-
26 476
-
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.

2 504
-
10 212
-
surtax
-
-
17 717
-
total
6 556
-
54 405
-
Employer
22 763
-
122 194
-
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.

5 483
-
22 365
-
surtax
-
-
13 441
-
total
5 483
-
35 806
-
Corporate
129 754
158 000
-
-
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%.

25 950
31 600
-
-
total
25 950
31 600
-
-
Dividends

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

103 804
126 400
-
-
total
-
-
-
-
Income
158 000
158 000
158 000
158 000
Total tax
37 989
31 600
90 211
101 691
After tax
120 011
126 400
67 789
56 309
Living cost
16 207
16 207
16 207
16 207
Free-cash
103 804
110 193
51 582
40 102

Estimated living cost  is ₽16207 per week

₽10339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
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.
₽3956
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
₽87087
₽86314
₽87016
₽88711
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
-
-
-
158 000
income
-
-
-
48 670
health
-
-
-
5 225
pensions
-
-
-
7 208
total
-
-
-
61 103
Employee
15 050
-
149 892
-
health
753
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
48 291
-
total
5 169
-
53 696
-
Employer
15 050
-
149 892
-
health
1 430
-
3 424
-
pensions
1 656
-
3 964
-
unemployment
301
-
721
-
total
3 387
-
8 109
-
Corporate
139 564
158 000
-
-
income
30 704
34 760
-
-
total
30 704
34 760
-
-
Dividends
108 860
123 240
-
-
withholding
21 772
24 648
-
-
total
21 772
24 648
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 032
59 408
61 805
61 103
After tax
96 968
98 592
96 195
96 897
Living cost
9 881
9 881
9 881
9 881
Free-cash
87 087
88 711
86 314
87 016

Estimated living cost  is ₽9881 per week

₽5872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2982
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
₽79407
₽52233
₽56997
₽81883
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
-
-
-
158 000
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
47 402
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
7 752
total
-
-
-
83 506
Employee
26 234
-
136 115
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
42 742
-
other
-
-
-
-
surtax
93
-
6 821
-
total
8 737
-
66 385
-
Employer
26 234
-
136 115
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
126 243
158 000
-
-
income
32 823
41 081
-
-
total
32 823
41 081
-
-
Dividends
93 420
116 919
-
-
withholding
14 013
17 539
-
-
total
14 013
17 539
-
-
Income
158 000
158 000
158 000
158 000
Total tax
61 096
58 620
88 270
83 506
After tax
96 904
99 380
69 730
74 494
Living cost
17 497
17 497
17 497
17 497
Free-cash
79 407
81 883
52 233
56 997

Estimated living cost  is ₽17497 per week

₽10564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5007
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
₽62067
₽16791
₽56450
₽62454
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
-
-
-
158 000
pensions
-
-
-
16 836
chamber of commerce
-