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
₽ 160500
per

Your estimated
City
free-cash

Valencia , Spain
₽81570
₽64851
₽68157
₽85050
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
-
-
-
160 500
unemployment
-
-
-
512
income
-
-
-
48 754
other
-
-
-
73
accident
-
-
-
658
pensions
-
-
-
20 673
total
-
-
-
70 670
Employee
29 143
-
137 211
-
unemployment
452
-
1 132
-
pensions
1 370
-
3 434
-
income
5 619
-
46 048
-
other
28
-
73
-
total
7 469
-
50 687
-
Employer
29 143
-
137 211
-
pensions
6 877
-
17 241
-
accident
577
-
1 446
-
unemployment
1 603
-
4 017
-
other
233
-
585
-
total
9 290
-
23 289
-
Corporate
122 066
160 500
-
-
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.

18 310
24 074
-
-
total
18 310
24 074
-
-
Dividends
103 756
136 426
-
-
withholding
22 188
29 703
-
-
total
22 188
29 703
-
-
Income
160 500
160 500
160 500
160 500
Total tax
57 257
53 777
73 976
70 670
After tax
103 243
106 723
86 524
89 830
Living cost
21 673
21 673
21 673
21 673
Free-cash
81 570
85 050
64 851
68 157

Estimated living cost  is ₽21673 per week

₽14629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽91596
₽71547
₽72911
₽96919
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
-
-
-
160 500
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.

-
-
-
28 765
income
-
-
-
26 856
other
-
-
-
5 693
health
-
-
-
5 274
total
-
-
-
66 588
Employee
28 617
-
130 216
-
health
401
-
1 678
-
unemployment
286
-
1 198
-
pensions

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

2 003
-
8 389
-
income
4 927
-
26 402
-
total
7 617
-
37 667
-
Employer
28 617
-
130 216
-
health
401
-
1 678
-
pensions

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

4 865
-
20 376
-
accident
229
-
1 041
-
unemployment
286
-
1 198
-
other
1 431
-
5 992
-
total
7 212
-
30 285
-
Corporate
124 671
160 500
-
-
income
26 180
33 705
-
-
total
26 180
33 705
-
-
Dividends
98 490
126 795
-
-
withholding
6 894
8 875
-
-
total
6 894
8 875
-
-
Income
160 500
160 500
160 500
160 500
Total tax
47 903
42 580
67 952
66 588
After tax
112 597
117 920
92 548
93 912
Living cost
21 001
21 001
21 001
21 001
Free-cash
91 596
96 919
71 547
72 911

Estimated living cost  is ₽21001 per week

₽14839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽123204
₽125231
₽118706
₽126873
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
-
-
-
160 500
pensions

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

-
-
-
4 083
unemployment
-
-
-
110
income
-
-
-
24 075
health
-
-
-
3 172
total
-
-
-
31 440
Employee
13 710
-
155 088
-
health
631
-
1 269
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
pensions

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

1 204
-
2 422
-
income
1 371
-
15 509
-
total
3 357
-
19 503
-
Employer
13 710
-
155 088
-
health
946
-
1 903
-
pensions

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

1 511
-
3 040
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
unemployment
82
-
166
-
total
2 690
-
5 412
-
Corporate
144 100
160 500
-
-
income
14 410
16 050
-
-
total
14 410
16 050
-
-
Dividends
129 690
144 450
-
-
withholding
6 485
7 223
-
-
total
6 485
7 223
-
-
Income
160 500
160 500
160 500
160 500
Total tax
26 942
23 273
24 915
31 440
After tax
133 558
137 227
135 585
129 060
Living cost
10 354
10 354
10 354
10 354
Free-cash
123 204
126 873
125 231
118 706

Estimated living cost  is ₽10354 per week

₽6045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽274
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽58581
₽58689
₽62321
₽53926
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
-
-
-
160 500
income
-
-
-
27 650
other
-
-
-
4 976
health
-
-
-
7 463
social contributions
-
-
-
4 572
pensions
-
-
-
26 553
surtax
-
-
-
-
total
-
-
-
71 214
Employee
33 732
-
123 156
-
pensions
3 814
-
9 003
-
income
1 991
-
24 995
-
social contributions
962
-
3 510
-
surtax
-
-
-
-
total
6 767
-
37 508
-
Employer
33 732
-
123 156
-
health
2 362
-
11 914
-
social contributions
102
-
369
-
pensions
5 541
-
15 075
-
unemployment
1 366
-
4 988
-
other
1 164
-
4 992
-
total
10 535
-
37 338
-
Corporate
116 234
160 500
-
-
income
32 546
44 941
-
-
surtax
-
-
-
-
total
32 546
44 941
-
-
Dividends
83 688
115 559
-
-
social contributions
14 394
19 876
-
-
surtax
-
-
-
-
withholding
10 712
14 792
-
-
total
25 106
34 668
-
-
Income
160 500
160 500
160 500
160 500
Total tax
74 954
79 609
74 846
71 214
After tax
85 546
80 891
85 654
89 286
Living cost
26 966
26 966
26 966
26 966
Free-cash
58 581
53 926
58 689
62 321

Estimated living cost  is ₽26966 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽41941
₽69610
₽54085
₽46770
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
-
-
-
160 500
pensions
-
-
-
9 234
income
-
-
-
54 445
health
-
-
-
9 719
total
-
-
-
73 398
Employee
67 306
67 306
145 853
-
health
10 331
8 787
9 719
-
pensions
12 115
9 234
9 234
-
income

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

11 017
11 017
24 272
-
total
33 463
29 038
43 225
-
Employer
67 306
67 306
145 853
-
health
4 678
4 678
5 814
-
pensions
4 684
4 684
5 823
-
unemployment
2 423
2 423
3 011
-
total
11 785
11 785
14 648
-
Corporate
82 234
81 409
-
-
income
16 446
16 282
-
-
total
16 446
16 282
-
-
Dividends
65 788
65 127
-
-
income
13 980
13 840
-
-
withholding
9 868
9 768
-
-
total
23 848
23 608
-
-
Income
160 500
160 500
160 500
160 500
Total tax
85 542
80 713
57 873
73 398
After tax
74 958
79 787
102 627
87 102
Living cost
33 017
33 017
33 017
33 017
Free-cash
41 941
46 770
69 610
54 085

Estimated living cost  is ₽33017 per week

₽23398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽65761
₽76367
₽56860
₽57044
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.

-
-
-
160 500
trade
-
-
-
19 507
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.

-
-
-
52 015
health

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

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

-
-
-
5 384
surtax

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

-
-
-
2 861
total
-
-
-
79 767
Employee

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

30 146
-
160 500
-
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.

5 384
-
5 384
-
income

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

842
-
52 015
-
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
-
2 861
-
total
6 272
-
60 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 354
160 500
-
-
income
19 553
24 074
-
-
trade
20 531
25 278
-
-
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.

1 075
1 324
-
-
chamber of commerce
307
350
-
-
total
41 466
51 026
-
-
Dividends
88 888
109 473
-
-
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.

1 206
1 488
-
-
withholding
21 922
27 069
-
-
total
23 128
28 557
-
-
Income
160 500
160 500
160 500
160 500
Total tax
70 866
79 583
60 260
79 767
After tax
89 634
80 917
100 240
80 733
Living cost
23 873
23 873
23 873
23 873
Free-cash
65 761
57 044
76 367
56 860

Estimated living cost  is ₽23873 per week

₽15017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽94479
₽89018
₽90369
₽98768
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
-
-
-
160 500
income
-
-
-
35 039
health
-
-
-
4 092
social contributions
-
-
-
12 752
total
-
-
-
51 883
Employee
60 606
60 606
150 923
-
health
470
1 031
2 565
-
income
6 599
5 610
34 309
-
social contributions
2 291
5 030
6 784
-
total
9 360
11 671
43 658
-
Employer
60 606
60 606
150 923
-
health
510
1 122
2 792
-
social contributions
2 291
5 030
6 784
-
total
2 801
6 152
9 576
-
Corporate
130 091
93 743
-
-
income
16 261
11 717
-
-
total
16 261
11 717
-
-
Dividends
113 830
82 026
-
-
withholding
19 351
13 944
-
-
total
19 351
13 944
-
-
Income
160 500
160 500
160 500
160 500
Total tax
47 773
43 484
53 234
51 883
After tax
112 727
117 016
107 266
108 617
Living cost
18 248
18 248
18 248
18 248
Free-cash
94 479
98 768
89 018
90 369

Estimated living cost  is ₽18248 per week

₽10936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽65778
₽47674
₽59843
₽66570
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.

-
-
-
160 500
income
-
-
-
20 161
social contributions

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

-
-
-
55 774
surtax
-
-
-
-
total
-
-
-
75 935
Employee
36 249
-
129 697
-
income
7 540
-
43 034
-
social contributions
3 987
-
14 267
-
surtax
-
-
-
-
total
11 527
-
57 301
-
Employer
36 249
-
129 697
-
social contributions
8 609
-
30 803
-
total
8 609
-
30 803
-
Corporate
115 642
160 500
-
-
income
24 285
33 705
-
-
surtax
-
-
-
-
total
24 285
33 705
-
-
Dividends
91 356
126 795
-
-
withholding
25 579
35 503
-
-
total
25 579
35 503
-
-
Income
160 500
160 500
160 500
160 500
Total tax
70 000
69 208
88 104
75 935
After tax
90 500
91 292
72 396
84 565
Living cost
24 722
24 722
24 722
24 722
Free-cash
65 778
66 570
47 674
59 843

Estimated living cost  is ₽24722 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽145378
₽122424
₽152919
₽146499
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%.

-
-
-
160 500
microenterprise

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

-
-
-
1 605
total
-
-
-
1 605
Employee
7 469
-
160 500
-
income
1 494
-
32 100
-
total
1 494
-
32 100
-
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%.

153 031
160 500
-
-
total
-
-
-
-
Dividends
153 031
160 500
-
-
withholding
7 652
8 025
-
-
total
7 652
8 025
-
-
Income
160 500
160 500
160 500
160 500
Total tax
9 146
8 025
32 100
1 605
After tax
151 354
152 475
128 400
158 895
Living cost
5 976
5 976
5 976
5 976
Free-cash
145 378
146 499
122 424
152 919

Estimated living cost  is ₽5976 per week

₽3703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽164
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽82773
₽51665
₽55149
₽89364
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.

-
-
-
160 500
pensions
-
-
-
29 311
unemployment
-
-
-
241
income
-
-
-
38 866
health
-
-
-
15 793
total
-
-
-
84 211
Employee

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

34 853
-
138 877
-
health
2 251
-
8 971
-
unemployment
49
-
194
-
pensions
5 402
-
21 526
-
income
6 010
-
35 381
-
total
13 712
-
66 072
-
Employer

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

34 853
-
138 877
-
health
2 321
-
9 249
-
pensions
3 084
-
12 290
-
unemployment
21
-
84
-
total
5 426
-
21 623
-
Corporate
120 221
160 500
-
-
income
22 842
30 495
-
-
total
22 842
30 495
-
-
Dividends
97 379
130 005
-
-
withholding
14 607
19 501
-
-
total
14 607
19 501
-
-
Income
160 500
160 500
160 500
160 500
Total tax
56 587
49 996
87 695
84 211
After tax
103 913
110 504
72 805
76 289
Living cost
21 140
21 140
21 140
21 140
Free-cash
82 773
89 364
51 665
55 149

Estimated living cost  is ₽21140 per week

₽14508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽74304
₽84186
₽102859
₽71551
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.

-
-
-
160 500
income
-
-
-
24 074
health

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

-
-
-
4 957
total
-
-
-
29 031
Employee
36 156
-
156 874
-
social contributions
3 623
-
3 626
-
income
3 923
-
40 452
-
total
7 546
-
44 078
-
Employer
36 156
-
156 874
-
social contributions
3 623
-
3 626
-
total
3 623
-
3 626
-
Corporate
120 721
160 500
-
-
income
42 253
56 175
-
-
total
42 253
56 175
-
-
Dividends
78 469
104 325
-
-
social contributions
4 164
4 164
-
-
total
4 164
4 164
-
-
Income
160 500
160 500
160 500
160 500
Total tax
57 586
60 339
47 704
29 031
After tax
102 914
100 161
112 796
131 469
Living cost
28 610
28 610
28 610
28 610
Free-cash
74 304
71 551
84 186
102 859

Estimated living cost  is ₽28610 per week

₽18846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽81615
₽82413
₽86361
₽81207
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
-
-
-
160 500
income
-
-
-
24 074
health
-
-
-
11 203
social contributions
-
-
-
22 149
total
-
-
-
57 426
Employee
26 723
-
160 500
-
health
1 865
-
11 203
-
income
4 457
-
28 022
-
social contributions
3 688
-
22 149
-
total
10 010
-
61 374
-
Employer
26 723
-
160 500
-
total
-
-
-
-
Corporate
133 777
160 500
-
-
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%.

6 689
8 024
-
-
total
6 689
8 024
-
-
Dividends
127 088
152 476
-
-
social contributions
17 538
21 041
-
-
withholding
19 064
22 872
-
-
health
8 871
10 643
-
-
total
45 473
54 556
-
-
Income
160 500
160 500
160 500
160 500
Total tax
62 172
62 580
61 374
57 426
After tax
98 328
97 920
99 126
103 074
Living cost
16 713
16 713
16 713
16 713
Free-cash
81 615
81 207
82 413
86 361

Estimated living cost  is ₽16713 per week

₽11185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽80539
₽65298
₽72270
₽88418
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
-
-
-
160 500
income
-
-
-
16 956
health
-
-
-
21 668
social contributions
-
-
-
25 790
solidarity contribution
-
-
-
1 730
total
-
-
-
66 144
Employee
32 479
-
126 990
-
health
4 385
-
17 144
-
solidarity contribution
-
-
1 105
-
income
3 897
-
15 616
-
social contributions
2 111
-
5 741
-
total
10 393
-
39 606
-
Employer
32 479
-
126 990
-
health
2 923
-
11 429
-
social contributions
8 120
-
22 081
-
total
11 043
-
33 510
-
Corporate
116 978
160 500
-
-
income
22 226
30 495
-
-
total
22 226
30 495
-
-
Dividends
94 752
130 005
-
-
withholding
14 213
19 501
-
-
total
14 213
19 501
-
-
Income
160 500
160 500
160 500
160 500
Total tax
57 875
49 996
73 116
66 144
After tax
102 625
110 504
87 384
94 356
Living cost
22 086
22 086
22 086
22 086
Free-cash
80 539
88 418
65 298
72 270

Estimated living cost  is ₽22086 per week

₽16424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽141417
₽119088
₽149583
₽143163
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%.

-
-
-
160 500
microenterprise

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

-
-
-
1 605
total
-
-
-
1 605
Employee
11 640
-
160 500
-
income
2 328
-
32 100
-
total
2 328
-
32 100
-
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%.

148 860
160 500
-
-
total
-
-
-
-
Dividends
148 860
160 500
-
-
withholding
7 443
8 025
-
-
total
7 443
8 025
-
-
Income
160 500
160 500
160 500
160 500
Total tax
9 771
8 025
32 100
1 605
After tax
150 729
152 475
128 400
158 895
Living cost
9 312
9 312
9 312
9 312
Free-cash
141 417
143 163
119 088
149 583

Estimated living cost  is ₽9312 per week

₽6302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽312
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽48243
₽47587
₽51219
₽42824
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
-
-
-
160 500
income
-
-
-
27 650
other
-
-
-
4 976
health
-
-
-
7 463
social contributions
-
-
-
4 572
pensions
-
-
-
26 553
surtax
-
-
-
-
total
-
-
-
71 214
Employee
49 364
-
123 156
-
pensions
5 583
-
9 003
-
income
4 307
-
24 995
-
social contributions
1 406
-
3 510
-
surtax
-
-
-
-
total
11 296
-
37 508
-
Employer
49 364
-
123 156
-
health
3 455
-
11 914
-
social contributions
148
-
369
-
pensions
8 111
-
15 075
-
unemployment
2 000
-
4 988
-
other
1 704
-
4 992
-
total
15 418
-
37 338
-
Corporate
95 719
160 500
-
-
income
26 801
44 941
-
-
surtax
-
-
-
-
total
26 801
44 941
-
-
Dividends
68 918
115 559
-
-
social contributions
11 853
19 876
-
-
surtax
-
-
-
-
withholding
8 822
14 792
-
-
total
20 675
34 668
-
-
Income
160 500
160 500
160 500
160 500
Total tax
74 190
79 609
74 846
71 214
After tax
86 310
80 891
85 654
89 286
Living cost
38 067
38 067
38 067
38 067
Free-cash
48 243
42 824
47 587
51 219

Estimated living cost  is ₽38067 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽98514
₽88135
₽88134
₽102379
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.

-
-
-
160 500
pensions
-
-
-
15 091
unemployment
-
-
-
871
income
-
-
-
36 844
health
-
-
-
5 978
total
-
-
-
58 784
Employee

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

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

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

20 481
-
150 111
-
health
1 055
-
2 989
-
unemployment
154
-
435
-
pensions
2 867
-
8 126
-
income
2 823
-
36 844
-
total
6 899
-
48 394
-
Employer

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

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

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

20 481
-
150 111
-
health
1 055
-
2 989
-
pensions
2 458
-
6 965
-
unemployment
154
-
435
-
total
3 667
-
10 389
-
Corporate
136 353
160 500
-
-
income
20 453
24 075
-
-
total
20 453
24 075
-
-
Dividends
115 900
136 425
-
-
withholding
17 385
20 464
-
-
total
17 385
20 464
-
-
Income
160 500
160 500
160 500
160 500
Total tax
48 404
44 539
58 783
58 784
After tax
112 096
115 961
101 717
101 716
Living cost
13 582
13 582
13 582
13 582
Free-cash
98 514
102 379
88 135
88 134

Estimated living cost  is ₽13582 per week

₽9145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽42729
₽67827
₽73549
₽19795
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
-
-
-
160 500
pensions
-
-
-
14 765
city
-
-
-
1 692
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.

-
-
-
3 210
health
-
-
-
361
regional
-
-
-
9 073
national
-
-
-
4 254
total
-
-
-
33 355
Employee
62 722
-
144 536
-
health
142
-
325
-
unemployment
-
-
-
-
city
673
-
1 564
-
pensions
5 269
-
11 158
-
regional
2 054
-
8 109
-
national
297
-
3 547
-
total
8 435
-
24 703
-
Employer
62 722
-
144 536
-
health
142
-
325
-
pensions
5 269
-
11 158
-
unemployment
-
-
-
-
other

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

1 254
-
2 891
-
total
6 665
-
14 374
-
Corporate
90 423
160 500
-
-
regional
19 124
33 946
-
-
national
7 687
13 643
-
-
total
26 811
47 589
-
-
Dividends
63 612
112 911
-
-
withholding
22 264
39 520
-
-
total
22 264
39 520
-
-
Income
160 500
160 500
160 500
160 500
Total tax
64 175
87 109
39 077
33 355
After tax
96 325
73 391
121 423
127 145
Living cost
53 596
53 596
53 596
53 596
Free-cash
42 729
19 795
67 827
73 549

Estimated living cost  is ₽53596 per week

₽34853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₽71402
₽51730
₽70113
₽68969
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

-
-
-
160 500
municipal
-
-
-
28 505
health
-
-
-
2 143
national
-
-
-
29 480
total
-
-
-
60 128
Employee
41 467
-
135 021
-
health
310
-
1 750
-
unemployment
622
-
2 025
-
pensions
2 798
-
9 115
-
national
685
-
18 159
-
municipal
6 792
-
21 983
-
total
11 207
-
53 032
-
Employer
41 467
-
135 021
-
health
319
-
1 039
-
pensions
7 194
-
23 427
-
accident
42
-
135
-
unemployment
269
-
878
-
total
7 824
-
25 479
-
Corporate
111 209
160 500
-
-
income
22 242
32 100
-
-
total
22 242
32 100
-
-
Dividends

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

66 725
96 300
-
-
municipal
12 010
17 333
-
-
national
5 555
11 839
-
-
total
17 565
29 172
-
-
Income
160 500
160 500
160 500
160 500
Total tax
58 838
61 272
78 511
60 128
After tax
101 662
99 228
81 989
100 372
Living cost
30 260
30 260
30 260
30 260
Free-cash
71 402
68 969
51 730
70 113

Estimated living cost  is ₽30260 per week

₽19765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽49157
₽26561
₽40986
₽60279
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
-
-
-
160 500
communal

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

-
-
-
8 451
social contributions
-
-
-
19 650
national
-
-
-
62 676
total
-
-
-
90 777
Employee

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

56 377
-
124 314
-
health

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

2 649
-
5 844
-
communal

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

2 941
-
6 484
-
unemployment

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

491
-
1 081
-
pensions

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

4 228
-
9 324
-
national
17 333
-
46 284
-
total
27 642
-
69 017
-
Employer

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

56 377
-
124 314
-
health

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

3 467
-
7 644
-
pensions

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

4 996
-
11 014
-
surtax
6 393
-
14 098
-
accident

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

733
-
1 615
-
unemployment

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

823
-
1 814
-
total
16 412
-
36 185
-
Corporate
87 712
160 500
-
-
income
17 543
33 084
-
-
surtax
351
661
-
-
total
17 894
33 745
-
-
Dividends
69 818
126 755
-
-
withholding

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

20 658
37 739
-
-
total
20 658
37 739
-
-
Income
160 500
160 500
160 500
160 500
Total tax
82 606
71 484
105 202
90 777
After tax
77 894
89 016
55 298
69 723
Living cost
28 737
28 737
28 737
28 737
Free-cash
49 157
60 279
26 561
40 986

Estimated living cost  is ₽28737 per week

₽18511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽52745
₽46857
₽47685
₽53512
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
-
-
-
160 500
unemployment
-
-
-
75
municipal
-
-
-
41 401
other
-
-
-
8 690
health
-
-
-
4 666
national
-
-
-
15 628
accident
-
-
-
150
pensions
-
-
-
8 084
total
-
-
-
78 694
Employee
48 619
-
137 004
-
national
-
-
15 170
-
municipal
14 498
-
40 855
-
total
14 498
-
56 025
-
Employer
48 619
-
137 004
-
health
2 990
-
4 599
-
pensions
5 256
-
8 084
-
accident
97
-
150
-
unemployment
1 284
-
1 974
-
other
5 650
-
8 690
-
total
15 277
-
23 497
-
Corporate
96 605
160 500
-
-
income
21 253
35 310
-
-
total
21 253
35 310
-
-
Dividends
75 352
125 190
-
-
withholding
22 606
37 557
-
-
total
22 606
37 557
-
-
Income
160 500
160 500
160 500
160 500
Total tax
73 634
72 867
79 522
78 694
After tax
86 866
87 633
80 978
81 806
Living cost
34 121
34 121
34 121
34 121
Free-cash
52 745
53 512
46 857
47 685

Estimated living cost  is ₽34121 per week

₽22614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽17906
₽111006
₽72989
₽59719
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
-
-
-
160 500
income
-
-
-
31 285
social contributions
-
-
-
18 297
total
-
-
-
49 582
Employee
54 385
-
-
-
income
11 996
-
-
-
social contributions
4 460
-
636
-
total
16 456
-
636
-
Employer
54 385
-
-
-
social contributions
76 683
-
10 929
-
total
76 683
-
10 929
-
Corporate
29 432
160 500
-
-
income
6 475
35 310
-
-
total
6 475
35 310
-
-
Dividends
22 957
125 190
-
-
income
5 051
27 542
-
-
total
5 051
27 542
-
-
Income
160 500
160 500
160 500
160 500
Total tax
104 665
62 852
11 565
49 582
After tax
55 835
97 648
148 935
110 918
Living cost
37 929
37 929
37 929
37 929
Free-cash
17 906
59 719
111 006
72 989

Estimated living cost  is ₽37929 per week

₽24610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽88182
₽81702
₽83053
₽91452
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
-
-
-
160 500
income
-
-
-
35 039
health
-
-
-
4 092
social contributions
-
-
-
12 752
total
-
-
-
51 883
Employee
60 606
60 606
150 923
-
health
603
1 031
2 565
-
income
6 364
5 610
34 309
-
social contributions
2 945
5 030
6 784
-
total
9 912
11 671
43 658
-
Employer
60 606
60 606
150 923
-
health
657
1 122
2 792
-
social contributions
2 945
5 030
6 784
-
total
3 602
6 152
9 576
-
Corporate
121 423
93 743
-
-
income
15 178
11 717
-
-
total
15 178
11 717
-
-
Dividends
106 245
82 026
-
-
withholding
18 062
13 944
-
-
total
18 062
13 944
-
-
Income
160 500
160 500
160 500
160 500
Total tax
46 754
43 484
53 234
51 883
After tax
113 746
117 016
107 266
108 617
Living cost
25 564
25 564
25 564
25 564
Free-cash
88 182
91 452
81 702
83 053

Estimated living cost  is ₽25564 per week

₽17476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽78483
₽61872
₽76250
₽73996
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
-
-
-
160 500
income
-
-
-
48 736
pensions
-
-
-
7 359
total
-
-
-
56 095
Employee
38 647
-
139 955
-
health
504
-
1 925
-
pensions
2 950
-
8 854
-
income
7 038
-
39 151
-
total
10 492
-
49 930
-
Employer
38 647
-
139 955
-
health
735
-
2 659
-
pensions
3 905
-
17 884
-
total
4 640
-
20 543
-
Corporate
117 214
160 500
-
-
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.

22 271
30 495
-
-
total
22 271
30 495
-
-
Dividends
94 943
130 005
-
-
withholding
16 459
27 854
-
-
total
16 459
27 854
-
-
Income
160 500
160 500
160 500
160 500
Total tax
53 862
58 349
70 473
56 095
After tax
106 638
102 151
90 027
104 405
Living cost
28 155
28 155
28 155
28 155
Free-cash
78 483
73 996
61 872
76 250

Estimated living cost  is ₽28155 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽49556
₽36414
₽42961
₽53142
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
-
-
-
160 500
municipal
-
-
-
1 089
regional
-
-
-
3 768
social contributions
-
-
-
39 447
national
-
-
-
41 837
total
-
-
-
86 141
Employee
66 415
-
160 500
-
social contributions
22 395
-
51 716
-
regional
1 003
-
3 363
-
national
11 224
-
36 629
-
municipal
396
-
980
-
total
35 018
-
92 688
-
Employer
66 415
-
160 500
-
total
-
-
-
-
Corporate
94 085
160 500
-
-
nationa
22 580
38 520
-
-
municipal
4 535
7 736
-
-
total
27 115
46 256
-
-
Dividends
66 970
114 245
-
-
withholding
17 413
29 704
-
-
total
17 413
29 704
-
-
Income
160 500
160 500
160 500
160 500
Total tax
79 546
75 960
92 688
86 141
After tax
80 954
84 540
67 812
74 359
Living cost
31 398
31 398
31 398
31 398
Free-cash
49 556
53 142
36 414
42 961

Estimated living cost  is ₽31398 per week

₽22055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽10415
₽71226
₽92773
-₽3853
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
-
-
-
160 500
pensions
-
-
-
3 187
income
-
-
-
45 539
other
-
-
-
284
health
-
-
-
1 671
accident
-
-
-
193
total
-
-
-
50 874
Employee
26 510
-
146 043
-
health
3 035
-
16 722
-
pensions
2 985
-
5 844
-
income
3 637
-
35 399
-
total
9 657
-
57 965
-
Employer
26 510
-
146 043
-
pensions
4 311
-
8 439
-
accident
443
-
2 439
-
unemployment
649
-
3 578
-
total
5 403
-
14 456
-
Corporate
128 587
160 500
-
-
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.

115 729
144 450
-
-
total
115 729
144 450
-
-
Dividends
12 859
16 050
-
-
withholding
2 443
3 050
-
-
total
2 443
3 050
-
-
Income
160 500
160 500
160 500
160 500
Total tax
133 232
147 500
72 421
50 874
After tax
27 268
13 000
88 079
109 626
Living cost
16 853
16 853
16 853
16 853
Free-cash
10 415
-3 853
71 226
92 773

Estimated living cost  is ₽16853 per week

₽12352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽62448
₽69811
₽52038
₽52137
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.

-
-
-
160 500
trade
-
-
-
17 773
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.

-
-
-
52 015
health

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

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

-
-
-
5 384
surtax

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

-
-
-
2 861
total
-
-
-
78 033
Employee

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

39 216
-
160 500
-
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.

5 384
-
5 384
-
income

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

3 225
-
52 015
-
surtax

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

178
-
2 861
-
total
8 787
-
60 260
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 284
160 500
-
-
income
18 192
24 074
-
-
trade
17 404
23 032
-
-
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.

1 001
1 324
-
-
chamber of commerce
298
354
-
-
total
36 895
48 784
-
-
Dividends
84 390
111 715
-
-
surtax

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

1 144
1 520
-
-
withholding
20 797
27 630
-
-
total
21 941
29 150
-
-
Income
160 500
160 500
160 500
160 500
Total tax
67 623
77 934
60 260
78 033
After tax
92 877
82 566
100 240
82 467
Living cost
30 429
30 429
30 429
30 429
Free-cash
62 448
52 137
69 811
52 038

Estimated living cost  is ₽30429 per week

₽20990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽105538
₽52499
₽40850
₽112003
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.

-
-
-
160 500
income
-
-
-
32 127
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 198
surtax
-
-
-
40 928
total
-
-
-
103 253
Employee
23 030
-
124 209
-
income
4 100
-
26 970
-
social contributions

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

2 534
-
10 332
-
surtax
-
-
18 011
-
total
6 634
-
55 313
-
Employer
23 030
-
124 209
-
social contributions

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

5 547
-
22 628
-
surtax
-
-
13 663
-
total
5 547
-
36 291
-
Corporate
131 922
160 500
-
-
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%.

26 384
32 100
-
-
total
26 384
32 100
-
-
Dividends

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

105 538
128 400
-
-
total
-
-
-
-
Income
160 500
160 500
160 500
160 500
Total tax
38 565
32 100
91 604
103 253
After tax
121 935
128 400
68 896
57 247
Living cost
16 397
16 397
16 397
16 397
Free-cash
105 538
112 003
52 499
40 850

Estimated living cost  is ₽16397 per week

₽10461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽88796
₽88151
₽88844
₽90399
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
-
-
-
160 500
income
-
-
-
49 631
health
-
-
-
5 158
pensions
-
-
-
7 114
total
-
-
-
61 903
Employee
14 855
-
152 497
-
health
743
-
1 779
-
unemployment
149
-
356
-
pensions
1 337
-
3 201
-
income
2 874
-
49 257
-
total
5 103
-
54 593
-
Employer
14 855
-
152 497
-
health
1 411
-
3 379
-
pensions
1 634
-
3 913
-
unemployment
297
-
711
-
total
3 342
-
8 003
-
Corporate
142 303
160 500
-
-
income
31 307
35 310
-
-
total
31 307
35 310
-
-
Dividends
110 996
125 190
-
-
withholding
22 199
25 038
-
-
total
22 199
25 038
-
-
Income
160 500
160 500
160 500
160 500
Total tax
61 951
60 348
62 596
61 903
After tax
98 549
100 152
97 904
98 597
Living cost
9 753
9 753
9 753
9 753
Free-cash
88 796
90 399
88 151
88 844

Estimated living cost  is ₽9753 per week

₽5796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽80744
₽53143
₽57961
₽83253
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
-
-
-
160 500
pensions
-
-
-
21 038
unemployment
-
-
-
179
income
-
-
-
48 249
other
-
-
-
-
health
-
-
-
7 468
surtax
-
-
-
7 902
total
-
-
-
84 836
Employee
26 542
-
138 358
-
health
678
-
2 682
-
unemployment
1 847
-
7 321
-
pensions
1 771
-
7 016
-
income
4 450
-
43 535
-
other
-
-
-
-
surtax
94
-
6 958
-
total
8 840
-
67 512
-
Employer
26 542
-
138 358
-
health
1 207
-
4 786
-
pensions
3 539
-
14 022
-
unemployment
842
-
3 334
-
other
-
-
-
-
total
5 588
-
22 142
-
Corporate
128 370
160 500
-
-
income
33 376
41 729
-
-
total
33 376
41 729
-
-
Dividends
94 994
118 771
-
-
withholding
14 249
17 815
-
-
total
14 249
17 815
-
-
Income
160 500
160 500
160 500
160 500
Total tax
62 053
59 544
89 654
84 836
After tax
98 447
100 956
70 846
75 664
Living cost
17 703
17 703
17 703
17 703
Free-cash
80 744
83 253
53 143
57 961

Estimated living cost  is ₽17703 per week

₽10688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽63146
₽17147
₽57447
₽63537
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
-
-
-
160 500
pensions
-
-
-
17 034
chamber of commerce
-