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
₽ 159500
per

Your estimated
City
free-cash

Valencia , Spain
₽81048
₽64431
₽67720
₽84507
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
-
-
-
159 500
unemployment
-
-
-
509
income
-
-
-
48 437
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
70 229
Employee
28 978
-
136 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
45 746
-
other
28
-
73
-
total
7 426
-
50 360
-
Employer
28 978
-
136 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
121 283
159 500
-
-
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.

18 192
23 925
-
-
total
18 192
23 925
-
-
Dividends
103 091
135 575
-
-
withholding
22 045
29 517
-
-
total
22 045
29 517
-
-
Income
159 500
159 500
159 500
159 500
Total tax
56 901
53 442
73 518
70 229
After tax
102 599
106 058
85 982
89 271
Living cost
21 551
21 551
21 551
21 551
Free-cash
81 048
84 507
64 431
67 720

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽91009
₽71071
₽72429
₽96301
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
-
-
-
159 500
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.

-
-
-
28 602
income
-
-
-
26 682
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
66 188
Employee
28 456
-
129 387
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
26 230
-
total
7 573
-
37 432
-
Employer
28 456
-
129 387
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
1 035
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 114
-
Corporate
123 873
159 500
-
-
income
26 013
33 495
-
-
total
26 013
33 495
-
-
Dividends
97 860
126 005
-
-
withholding
6 850
8 821
-
-
total
6 850
8 821
-
-
Income
159 500
159 500
159 500
159 500
Total tax
47 608
42 316
67 546
66 188
After tax
111 892
117 184
91 954
93 312
Living cost
20 883
20 883
20 883
20 883
Free-cash
91 009
96 301
71 071
72 429

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽122462
₽124485
₽117998
₽126102
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
-
-
-
159 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
23 925
health
-
-
-
3 147
total
-
-
-
31 231
Employee
13 600
-
154 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
15 413
-
total
3 330
-
19 376
-
Employer
13 600
-
154 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
143 232
159 500
-
-
income
14 323
15 950
-
-
total
14 323
15 950
-
-
Dividends
128 909
143 550
-
-
withholding
6 445
7 177
-
-
total
6 445
7 177
-
-
Income
159 500
159 500
159 500
159 500
Total tax
26 767
23 127
24 744
31 231
After tax
132 733
136 373
134 756
128 269
Living cost
10 270
10 270
10 270
10 270
Free-cash
122 462
126 102
124 485
117 998

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽58204
₽58318
₽61923
₽53575
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
-
-
-
159 500
income
-
-
-
27 463
other
-
-
-
4 945
health
-
-
-
7 415
social contributions
-
-
-
4 545
pensions
-
-
-
26 396
surtax
-
-
-
-
total
-
-
-
70 764
Employee
33 541
-
122 395
-
pensions
3 792
-
8 944
-
income
1 980
-
24 832
-
social contributions
956
-
3 488
-
surtax
-
-
-
-
total
6 728
-
37 264
-
Employer
33 541
-
122 395
-
health
2 348
-
11 839
-
social contributions
101
-
367
-
pensions
5 510
-
14 983
-
unemployment
1 358
-
4 957
-
other
1 157
-
4 959
-
total
10 474
-
37 105
-
Corporate
115 484
159 500
-
-
income
32 335
44 660
-
-
surtax
-
-
-
-
total
32 335
44 660
-
-
Dividends
83 149
114 840
-
-
social contributions
14 303
19 752
-
-
surtax
-
-
-
-
withholding
10 643
14 700
-
-
total
24 946
34 452
-
-
Income
159 500
159 500
159 500
159 500
Total tax
74 483
79 112
74 369
70 764
After tax
85 017
80 388
85 131
88 736
Living cost
26 813
26 813
26 813
26 813
Free-cash
58 204
53 575
58 318
61 923

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽41654
₽69147
₽53733
₽46457
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
-
-
-
159 500
pensions
-
-
-
9 182
income
-
-
-
54 090
health
-
-
-
9 664
total
-
-
-
72 936
Employee
66 925
66 925
144 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
24 111
-
total
33 274
28 874
42 957
-
Employer
66 925
66 925
144 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
81 676
80 855
-
-
income
16 336
16 171
-
-
total
16 336
16 171
-
-
Dividends
65 341
64 685
-
-
income
13 885
13 745
-
-
withholding
9 801
9 703
-
-
total
23 686
23 448
-
-
Income
159 500
159 500
159 500
159 500
Total tax
85 015
80 212
57 522
72 936
After tax
74 485
79 288
101 978
86 564
Living cost
32 831
32 831
32 831
32 831
Free-cash
41 654
46 457
69 147
53 733

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽65341
₽75883
₽56500
₽56672
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.

-
-
-
159 500
trade
-
-
-
19 383
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.

-
-
-
51 683
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 842
total
-
-
-
79 262
Employee

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

29 975
-
159 500
-
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.

5 354
-
5 354
-
income

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

837
-
51 683
-
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
-
2 842
-
total
6 237
-
59 879
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
129 525
159 500
-
-
income
19 429
23 925
-
-
trade
20 400
25 121
-
-
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.

1 069
1 316
-
-
chamber of commerce
305
348
-
-
total
41 203
50 710
-
-
Dividends
88 321
108 790
-
-
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.

1 199
1 480
-
-
withholding
21 782
26 900
-
-
total
22 981
28 380
-
-
Income
159 500
159 500
159 500
159 500
Total tax
70 421
79 090
59 879
79 262
After tax
89 079
80 410
99 621
80 238
Living cost
23 738
23 738
23 738
23 738
Free-cash
65 341
56 672
75 883
56 500

Estimated living cost  is ₽23738 per week

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

Additional information

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

Larnaca , Cyprus
₽93878
₽88455
₽89798
₽98139
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
-
-
-
159 500
income
-
-
-
34 809
health
-
-
-
4 068
social contributions
-
-
-
12 680
total
-
-
-
51 557
Employee
60 263
60 263
149 979
-
health
467
1 025
2 549
-
income
6 562
5 579
34 084
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
43 379
-
Employer
60 263
60 263
149 979
-
health
507
1 115
2 775
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 521
-
Corporate
129 262
93 120
-
-
income
16 157
11 641
-
-
total
16 157
11 641
-
-
Dividends
113 105
81 479
-
-
withholding
19 228
13 852
-
-
total
19 228
13 852
-
-
Income
159 500
159 500
159 500
159 500
Total tax
47 477
43 216
52 900
51 557
After tax
112 023
116 284
106 600
107 943
Living cost
18 145
18 145
18 145
18 145
Free-cash
93 878
98 139
88 455
89 798

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽65354
₽47368
₽59461
₽66141
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.

-
-
-
159 500
income
-
-
-
20 031
social contributions

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

-
-
-
55 426
surtax
-
-
-
-
total
-
-
-
75 457
Employee
36 044
-
128 888
-
income
7 497
-
42 760
-
social contributions
3 965
-
14 178
-
surtax
-
-
-
-
total
11 462
-
56 938
-
Employer
36 044
-
128 888
-
social contributions
8 560
-
30 612
-
total
8 560
-
30 612
-
Corporate
114 895
159 500
-
-
income
24 127
33 495
-
-
surtax
-
-
-
-
total
24 127
33 495
-
-
Dividends
90 768
126 005
-
-
withholding
25 415
35 282
-
-
total
25 415
35 282
-
-
Income
159 500
159 500
159 500
159 500
Total tax
69 564
68 777
87 550
75 457
After tax
89 936
90 723
71 950
84 043
Living cost
24 582
24 582
24 582
24 582
Free-cash
65 354
66 141
47 368
59 461

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽144313
₽121526
₽151831
₽145451
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%.

-
-
-
159 500
microenterprise

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

-
-
-
1 595
total
-
-
-
1 595
Employee
7 592
-
159 500
-
income
1 518
-
31 900
-
total
1 518
-
31 900
-
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%.

151 908
159 500
-
-
total
-
-
-
-
Dividends
151 908
159 500
-
-
withholding
7 595
7 975
-
-
total
7 595
7 975
-
-
Income
159 500
159 500
159 500
159 500
Total tax
9 113
7 975
31 900
1 595
After tax
150 387
151 525
127 600
157 905
Living cost
6 074
6 074
6 074
6 074
Free-cash
144 313
145 451
121 526
151 831

Estimated living cost  is ₽6074 per week

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

Additional information

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

Ljubljana , Slovenia
₽82241
₽51342
₽54802
₽88795
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.

-
-
-
159 500
pensions
-
-
-
29 129
unemployment
-
-
-
239
income
-
-
-
38 614
health
-
-
-
15 695
total
-
-
-
83 677
Employee

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

34 656
-
138 010
-
health
2 238
-
8 916
-
unemployment
49
-
193
-
pensions
5 372
-
21 391
-
income
5 976
-
35 150
-
total
13 635
-
65 650
-
Employer

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

34 656
-
138 010
-
health
2 308
-
9 191
-
pensions
3 067
-
12 213
-
unemployment
21
-
83
-
total
5 396
-
21 487
-
Corporate
119 449
159 500
-
-
income
22 695
30 305
-
-
total
22 695
30 305
-
-
Dividends
96 754
129 195
-
-
withholding
14 512
19 379
-
-
total
14 512
19 379
-
-
Income
159 500
159 500
159 500
159 500
Total tax
56 238
49 684
87 137
83 677
After tax
103 262
109 816
72 363
75 823
Living cost
21 021
21 021
21 021
21 021
Free-cash
82 241
88 795
51 342
54 802

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽73825
₽83650
₽102171
₽71086
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.

-
-
-
159 500
income
-
-
-
23 925
health

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

-
-
-
4 955
total
-
-
-
28 880
Employee
35 952
-
155 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
40 191
-
total
7 503
-
43 796
-
Employer
35 952
-
155 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
119 946
159 500
-
-
income
41 981
55 825
-
-
total
41 981
55 825
-
-
Dividends
77 965
103 675
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
159 500
159 500
159 500
159 500
Total tax
57 226
59 965
47 401
28 880
After tax
102 274
99 535
112 099
130 620
Living cost
28 449
28 449
28 449
28 449
Free-cash
73 825
71 086
83 650
102 171

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽81096
₽81894
₽85813
₽80691
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
-
-
-
159 500
income
-
-
-
23 925
health
-
-
-
11 133
social contributions
-
-
-
22 011
total
-
-
-
57 069
Employee
26 572
-
159 500
-
health
1 855
-
11 133
-
income
4 432
-
27 844
-
social contributions
3 668
-
22 011
-
total
9 955
-
60 988
-
Employer
26 572
-
159 500
-
total
-
-
-
-
Corporate
132 928
159 500
-
-
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%.

6 646
7 975
-
-
total
6 646
7 975
-
-
Dividends
126 281
151 525
-
-
social contributions
17 427
20 910
-
-
withholding
18 943
22 729
-
-
health
8 815
10 577
-
-
total
45 185
54 216
-
-
Income
159 500
159 500
159 500
159 500
Total tax
61 786
62 191
60 988
57 069
After tax
97 714
97 309
98 512
102 431
Living cost
16 618
16 618
16 618
16 618
Free-cash
81 096
80 691
81 894
85 813

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽80054
₽64910
₽71836
₽87879
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
-
-
-
159 500
income
-
-
-
16 853
health
-
-
-
21 533
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
1 724
total
-
-
-
65 727
Employee
32 261
-
126 209
-
health
4 355
-
17 038
-
solidarity contribution
-
-
1 102
-
income
3 871
-
15 520
-
social contributions
2 097
-
5 702
-
total
10 323
-
39 362
-
Employer
32 261
-
126 209
-
health
2 903
-
11 359
-
social contributions
8 065
-
21 932
-
total
10 968
-
33 291
-
Corporate
116 271
159 500
-
-
income
22 091
30 305
-
-
total
22 091
30 305
-
-
Dividends
94 179
129 195
-
-
withholding
14 127
19 379
-
-
total
14 127
19 379
-
-
Income
159 500
159 500
159 500
159 500
Total tax
57 509
49 684
72 653
65 727
After tax
101 991
109 816
86 847
93 773
Living cost
21 937
21 937
21 937
21 937
Free-cash
80 054
87 879
64 910
71 836

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽140286
₽118135
₽148440
₽142060
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%.

-
-
-
159 500
microenterprise

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

-
-
-
1 595
total
-
-
-
1 595
Employee
11 832
-
159 500
-
income
2 366
-
31 900
-
total
2 366
-
31 900
-
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%.

147 668
159 500
-
-
total
-
-
-
-
Dividends
147 668
159 500
-
-
withholding
7 383
7 975
-
-
total
7 383
7 975
-
-
Income
159 500
159 500
159 500
159 500
Total tax
9 749
7 975
31 900
1 595
After tax
149 751
151 525
127 600
157 905
Living cost
9 465
9 465
9 465
9 465
Free-cash
140 286
142 060
118 135
148 440

Estimated living cost  is ₽9465 per week

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

Additional information

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

Paris , France
₽47925
₽47279
₽50884
₽42536
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
-
-
-
159 500
income
-
-
-
27 463
other
-
-
-
4 945
health
-
-
-
7 415
social contributions
-
-
-
4 545
pensions
-
-
-
26 396
surtax
-
-
-
-
total
-
-
-
70 764
Employee
49 085
-
122 395
-
pensions
5 552
-
8 944
-
income
4 283
-
24 832
-
social contributions
1 398
-
3 488
-
surtax
-
-
-
-
total
11 233
-
37 264
-
Employer
49 085
-
122 395
-
health
3 435
-
11 839
-
social contributions
147
-
367
-
pensions
8 065
-
14 983
-
unemployment
1 988
-
4 957
-
other
1 694
-
4 959
-
total
15 329
-
37 105
-
Corporate
95 085
159 500
-
-
income
26 624
44 660
-
-
surtax
-
-
-
-
total
26 624
44 660
-
-
Dividends
68 460
114 840
-
-
social contributions
11 774
19 752
-
-
surtax
-
-
-
-
withholding
8 763
14 700
-
-
total
20 537
34 452
-
-
Income
159 500
159 500
159 500
159 500
Total tax
73 723
79 112
74 369
70 764
After tax
85 777
80 388
85 131
88 736
Living cost
37 852
37 852
37 852
37 852
Free-cash
47 925
42 536
47 279
50 884

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽97882
₽87550
₽87550
₽101727
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.

-
-
-
159 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
36 611
health
-
-
-
5 948
total
-
-
-
58 438
Employee

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

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

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

20 376
-
149 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
36 611
-
total
6 864
-
48 102
-
Employer

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

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

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

20 376
-
149 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
135 477
159 500
-
-
income
20 322
23 925
-
-
total
20 322
23 925
-
-
Dividends
115 156
135 575
-
-
withholding
17 273
20 336
-
-
total
17 273
20 336
-
-
Income
159 500
159 500
159 500
159 500
Total tax
48 106
44 261
58 438
58 438
After tax
111 394
115 239
101 062
101 062
Living cost
13 512
13 512
13 512
13 512
Free-cash
97 882
101 727
87 550
87 550

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽42447
₽67374
₽73067
₽19646
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
-
-
-
159 500
pensions
-
-
-
14 675
city
-
-
-
1 681
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.

-
-
-
3 190
health
-
-
-
359
regional
-
-
-
9 014
national
-
-
-
4 225
total
-
-
-
33 144
Employee
62 361
-
143 633
-
health
141
-
323
-
unemployment
-
-
-
-
city
669
-
1 555
-
pensions
5 239
-
11 092
-
regional
2 042
-
8 057
-
national
295
-
3 522
-
total
8 386
-
24 549
-
Employer
62 361
-
143 633
-
health
141
-
323
-
pensions
5 239
-
11 092
-
unemployment
-
-
-
-
other

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

1 247
-
2 873
-
total
6 627
-
14 288
-
Corporate
89 826
159 500
-
-
regional
18 998
33 735
-
-
national
7 636
13 558
-
-
total
26 634
47 293
-
-
Dividends
63 192
112 208
-
-
withholding
22 117
39 272
-
-
total
22 117
39 272
-
-
Income
159 500
159 500
159 500
159 500
Total tax
63 764
86 565
38 837
33 144
After tax
95 736
72 935
120 663
126 356
Living cost
53 289
53 289
53 289
53 289
Free-cash
42 447
19 646
67 374
73 067

Estimated living cost  is ₽53289 per week

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

Additional information

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

Helsinki , Finland
₽70945
₽51400
₽69669
₽68523
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

-
-
-
159 500
municipal
-
-
-
28 327
health
-
-
-
2 130
national
-
-
-
29 285
total
-
-
-
59 742
Employee
41 232
-
134 180
-
health
308
-
1 739
-
unemployment
619
-
2 012
-
pensions
2 783
-
9 057
-
national
681
-
18 036
-
municipal
6 754
-
21 847
-
total
11 145
-
52 691
-
Employer
41 232
-
134 180
-
health
317
-
1 034
-
pensions
7 154
-
23 280
-
accident
42
-
134
-
unemployment
268
-
872
-
total
7 781
-
25 320
-
Corporate
110 488
159 500
-
-
income
22 097
31 900
-
-
total
22 097
31 900
-
-
Dividends

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

66 293
95 700
-
-
municipal
11 932
17 227
-
-
national
5 511
11 761
-
-
total
17 443
28 988
-
-
Income
159 500
159 500
159 500
159 500
Total tax
58 466
60 888
78 011
59 742
After tax
101 034
98 612
81 489
99 758
Living cost
30 089
30 089
30 089
30 089
Free-cash
70 945
68 523
51 400
69 669

Estimated living cost  is ₽30089 per week

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

Additional information

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

Brussels , Belgium
₽48832
₽26382
₽40713
₽59893
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
-
-
-
159 500
communal

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

-
-
-
8 398
social contributions
-
-
-
19 539
national
-
-
-
62 275
total
-
-
-
90 212
Employee

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

56 059
-
123 537
-
health

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

2 634
-
5 806
-
communal

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

2 924
-
6 444
-
unemployment

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

488
-
1 075
-
pensions

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

4 204
-
9 265
-
national
17 235
-
45 990
-
total
27 485
-
68 580
-
Employer

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

56 059
-
123 537
-
health

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

3 447
-
7 597
-
pensions

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

4 967
-
10 946
-
surtax
6 356
-
14 010
-
accident

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

729
-
1 606
-
unemployment

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

818
-
1 804
-
total
16 317
-
35 963
-
Corporate
87 123
159 500
-
-
income
17 424
32 869
-
-
surtax
348
657
-
-
total
17 772
33 526
-
-
Dividends
69 351
125 973
-
-
withholding

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

20 519
37 506
-
-
total
20 519
37 506
-
-
Income
159 500
159 500
159 500
159 500
Total tax
82 093
71 032
104 543
90 212
After tax
77 407
88 468
54 957
69 288
Living cost
28 575
28 575
28 575
28 575
Free-cash
48 832
59 893
26 382
40 713

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽52341
₽46510
₽47333
₽53103
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
-
-
-
159 500
unemployment
-
-
-
75
municipal
-
-
-
41 129
other
-
-
-
8 655
health
-
-
-
4 648
national
-
-
-
15 476
accident
-
-
-
149
pensions
-
-
-
8 051
total
-
-
-
78 183
Employee
48 425
-
136 098
-
national
-
-
15 020
-
municipal
14 440
-
40 584
-
total
14 440
-
55 604
-
Employer
48 425
-
136 098
-
health
2 978
-
4 581
-
pensions
5 235
-
8 051
-
accident
97
-
149
-
unemployment
1 278
-
1 966
-
other
5 627
-
8 655
-
total
15 215
-
23 402
-
Corporate
95 861
159 500
-
-
income
21 089
35 090
-
-
total
21 089
35 090
-
-
Dividends
74 771
124 410
-
-
withholding
22 431
37 323
-
-
total
22 431
37 323
-
-
Income
159 500
159 500
159 500
159 500
Total tax
73 175
72 413
79 006
78 183
After tax
86 325
87 087
80 494
81 317
Living cost
33 984
33 984
33 984
33 984
Free-cash
52 341
53 103
46 510
47 333

Estimated living cost  is ₽33984 per week

₽22523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
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.
₽7610
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
₽17540
₽110156
₽72413
₽59226
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
-
-
-
159 500
income
-
-
-
31 090
social contributions
-
-
-
18 183
total
-
-
-
49 273
Employee
54 220
-
-
-
income
11 960
-
-
-
social contributions
4 446
-
634
-
total
16 406
-
634
-
Employer
54 220
-
-
-
social contributions
76 451
-
10 896
-
total
76 451
-
10 896
-
Corporate
28 829
159 500
-
-
income
6 342
35 090
-
-
total
6 342
35 090
-
-
Dividends
22 486
124 410
-
-
income
4 947
27 370
-
-
total
4 947
27 370
-
-
Income
159 500
159 500
159 500
159 500
Total tax
104 146
62 460
11 530
49 273
After tax
55 354
97 040
147 970
110 227
Living cost
37 814
37 814
37 814
37 814
Free-cash
17 540
59 226
110 156
72 413

Estimated living cost  is ₽37814 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3556
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.
₽9240
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
₽87618
₽81181
₽82524
₽90865
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
-
-
-
159 500
income
-
-
-
34 809
health
-
-
-
4 068
social contributions
-
-
-
12 680
total
-
-
-
51 557
Employee
60 263
60 263
149 979
-
health
599
1 025
2 549
-
income
6 328
5 579
34 084
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
43 379
-
Employer
60 263
60 263
149 979
-
health
653
1 115
2 775
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 521
-
Corporate
120 643
93 120
-
-
income
15 081
11 641
-
-
total
15 081
11 641
-
-
Dividends
105 563
81 479
-
-
withholding
17 946
13 852
-
-
total
17 946
13 852
-
-
Income
159 500
159 500
159 500
159 500
Total tax
46 463
43 216
52 900
51 557
After tax
113 037
116 284
106 600
107 943
Living cost
25 419
25 419
25 419
25 419
Free-cash
87 618
90 865
81 181
82 524

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽77944
₽61382
₽75674
₽73459
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
-
-
-
159 500
income
-
-
-
48 353
pensions
-
-
-
7 337
total
-
-
-
55 690
Employee
38 621
-
139 091
-
health
504
-
1 915
-
pensions
2 948
-
8 833
-
income
7 033
-
38 826
-
total
10 485
-
49 574
-
Employer
38 621
-
139 091
-
health
734
-
2 642
-
pensions
3 902
-
17 766
-
total
4 636
-
20 408
-
Corporate
116 243
159 500
-
-
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.

22 087
30 305
-
-
total
22 087
30 305
-
-
Dividends
94 156
129 195
-
-
withholding
16 212
27 600
-
-
total
16 212
27 600
-
-
Income
159 500
159 500
159 500
159 500
Total tax
53 420
57 905
69 982
55 690
After tax
106 080
101 595
89 518
103 810
Living cost
28 136
28 136
28 136
28 136
Free-cash
77 944
73 459
61 382
75 674

Estimated living cost  is ₽28136 per week

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

Additional information

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

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

Rome , Italy
₽49229
₽36157
₽42667
₽52793
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
-
-
-
159 500
municipal
-
-
-
1 083
regional
-
-
-
3 744
social contributions
-
-
-
39 224
national
-
-
-
41 561
total
-
-
-
85 612
Employee
66 040
-
159 500
-
social contributions
22 268
-
51 424
-
regional
997
-
3 341
-
national
11 160
-
36 384
-
municipal
394
-
973
-
total
34 819
-
92 122
-
Employer
66 040
-
159 500
-
total
-
-
-
-
Corporate
93 460
159 500
-
-
nationa
22 430
38 280
-
-
municipal
4 505
7 687
-
-
total
26 935
45 967
-
-
Dividends
66 525
113 533
-
-
withholding
17 296
29 519
-
-
total
17 296
29 519
-
-
Income
159 500
159 500
159 500
159 500
Total tax
79 050
75 486
92 122
85 612
After tax
80 450
84 014
67 378
73 888
Living cost
31 221
31 221
31 221
31 221
Free-cash
49 229
52 793
36 157
42 667

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽10351
₽70789
₽92201
-₽3823
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
-
-
-
159 500
pensions
-
-
-
3 166
income
-
-
-
45 257
other
-
-
-
282
health
-
-
-
1 660
accident
-
-
-
192
total
-
-
-
50 557
Employee
26 337
-
145 136
-
health
3 016
-
16 618
-
pensions
2 966
-
5 806
-
income
3 613
-
35 181
-
total
9 595
-
57 605
-
Employer
26 337
-
145 136
-
pensions
4 283
-
8 384
-
accident
440
-
2 424
-
unemployment
645
-
3 556
-
total
5 368
-
14 364
-
Corporate
127 796
159 500
-
-
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.

115 016
143 550
-
-
total
115 016
143 550
-
-
Dividends
12 780
15 950
-
-
withholding
2 428
3 031
-
-
total
2 428
3 031
-
-
Income
159 500
159 500
159 500
159 500
Total tax
132 407
146 581
71 969
50 557
After tax
27 093
12 919
87 531
108 943
Living cost
16 742
16 742
16 742
16 742
Free-cash
10 351
-3 823
70 789
92 201

Estimated living cost  is ₽16742 per week

₽12271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3195
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
₽62048
₽69364
₽51705
₽51795
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.

-
-
-
159 500
trade
-
-
-
17 659
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.

-
-
-
51 683
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 842
total
-
-
-
77 538
Employee

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

38 994
-
159 500
-
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.

5 354
-
5 354
-
income

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

3 206
-
51 683
-
surtax

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

177
-
2 842
-
total
8 737
-
59 879
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
120 506
159 500
-
-
income
18 076
23 925
-
-
trade
17 292
22 888
-
-
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.

993
1 316
-
-
chamber of commerce
296
352
-
-
total
36 657
48 481
-
-
Dividends
83 849
111 018
-
-
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.

1 136
1 510
-
-
withholding
20 665
27 457
-
-
total
21 801
28 967
-
-
Income
159 500
159 500
159 500
159 500
Total tax
67 195
77 448
59 879
77 538
After tax
92 305
82 052
99 621
81 962
Living cost
30 257
30 257
30 257
30 257
Free-cash
62 048
51 795
69 364
51 705

Estimated living cost  is ₽30257 per week

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

Additional information

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

Riga , Latvia
₽104868
₽52158
₽40579
₽111296
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.

-
-
-
159 500
income
-
-
-
31 917
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
40 673
total
-
-
-
102 617
Employee
22 900
-
123 423
-
income
4 076
-
26 791
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
17 896
-
total
6 595
-
54 961
-
Employer
22 900
-
123 423
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
13 577
-
total
5 516
-
36 077
-
Corporate
131 084
159 500
-
-
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%.

26 217
31 900
-
-
total
26 217
31 900
-
-
Dividends

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

104 867
127 600
-
-
total
-
-
-
-
Income
159 500
159 500
159 500
159 500
Total tax
38 328
31 900
91 038
102 617
After tax
121 172
127 600
68 462
56 883
Living cost
16 304
16 304
16 304
16 304
Free-cash
104 868
111 296
52 158
40 579

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽88184
₽87517
₽88211
₽89785
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
-
-
-
159 500
income
-
-
-
49 287
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
61 546
Employee
14 840
-
151 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
48 914
-
total
5 097
-
54 244
-
Employer
14 840
-
151 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
141 321
159 500
-
-
income
31 091
35 090
-
-
total
31 091
35 090
-
-
Dividends
110 230
124 410
-
-
withholding
22 046
24 882
-
-
total
22 046
24 882
-
-
Income
159 500
159 500
159 500
159 500
Total tax
61 573
59 972
62 240
61 546
After tax
97 927
99 528
97 260
97 954
Living cost
9 743
9 743
9 743
9 743
Free-cash
88 184
89 785
87 517
88 211

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽80228
₽52798
₽57593
₽82723
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
-
-
-
159 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
47 933
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
7 848
total
-
-
-
84 304
Employee
26 392
-
137 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
43 247
-
other
-
-
-
-
surtax
94
-
6 911
-
total
8 791
-
67 082
-
Employer
26 392
-
137 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
127 551
159 500
-
-
income
33 164
41 470
-
-
total
33 164
41 470
-
-
Dividends
94 388
118 030
-
-
withholding
14 158
17 704
-
-
total
14 158
17 704
-
-
Income
159 500
159 500
159 500
159 500
Total tax
61 669
59 174
89 099
84 304
After tax
97 831
100 326
70 401
75 196
Living cost
17 603
17 603
17 603
17 603
Free-cash
80 228
82 723
52 798
57 593

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽62739
₽17028
₽57074
₽63126
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
-
-
-
159 500
pensions
-
-
-
16 938
chamber of commerce
-