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
₽ 161000
per

Your estimated
City
free-cash

Valencia , Spain
₽81959
₽65189
₽68486
₽85430
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
-
-
-
161 000
unemployment
-
-
-
510
income
-
-
-
49 042
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
70 899
Employee
29 064
-
137 773
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
46 343
-
other
28
-
73
-
total
7 447
-
50 970
-
Employer
29 064
-
137 773
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
122 669
161 000
-
-
income

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

18 401
24 150
-
-
total
18 401
24 150
-
-
Dividends
104 268
136 850
-
-
withholding
22 311
29 805
-
-
total
22 311
29 805
-
-
Income
161 000
161 000
161 000
161 000
Total tax
57 426
53 955
74 196
70 899
After tax
103 574
107 045
86 804
90 101
Living cost
21 615
21 615
21 615
21 615
Free-cash
81 959
85 430
65 189
68 486

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽4569
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
₽92032
₽72045
₽73413
₽97341
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
-
-
-
161 000
pensions

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

-
-
-
28 687
income
-
-
-
27 018
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
66 642
Employee
28 540
-
130 790
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
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.

1 997
-
8 367
-
income
4 914
-
26 562
-
total
7 596
-
37 798
-
Employer
28 540
-
130 790
-
health
400
-
1 674
-
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.

4 852
-
20 321
-
accident
228
-
1 046
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 212
-
Corporate
125 267
161 000
-
-
income
26 307
33 810
-
-
total
26 307
33 810
-
-
Dividends
98 960
127 190
-
-
withholding
6 927
8 904
-
-
total
6 927
8 904
-
-
Income
161 000
161 000
161 000
161 000
Total tax
48 023
42 714
68 010
66 642
After tax
112 977
118 286
92 990
94 358
Living cost
20 945
20 945
20 945
20 945
Free-cash
92 032
97 341
72 045
73 413

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
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.
₽4394
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
₽123703
₽125778
₽119220
₽127353
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
-
-
-
161 000
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
24 150
health
-
-
-
3 156
total
-
-
-
31 478
Employee
13 641
-
155 615
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
15 561
-
total
3 339
-
19 535
-
Employer
13 641
-
155 615
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
144 683
161 000
-
-
income
14 468
16 100
-
-
total
14 468
16 100
-
-
Dividends
130 215
144 900
-
-
withholding
6 511
7 245
-
-
total
6 511
7 245
-
-
Income
161 000
161 000
161 000
161 000
Total tax
26 995
23 345
24 920
31 478
After tax
134 005
137 655
136 080
129 522
Living cost
10 302
10 302
10 302
10 302
Free-cash
123 703
127 353
125 778
119 220

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
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.
₽3279
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
₽58893
₽58867
₽62582
₽54252
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
-
-
-
161 000
income
-
-
-
27 878
other
-
-
-
4 991
health
-
-
-
7 510
social contributions
-
-
-
4 587
pensions
-
-
-
26 559
surtax
-
-
-
-
total
-
-
-
71 525
Employee
33 641
-
123 498
-
pensions
3 804
-
9 047
-
income
1 985
-
25 171
-
social contributions
959
-
3 519
-
surtax
-
-
-
-
total
6 748
-
37 737
-
Employer
33 641
-
123 498
-
health
2 355
-
11 970
-
social contributions
101
-
370
-
pensions
5 527
-
15 148
-
unemployment
1 362
-
5 002
-
other
1 161
-
5 013
-
total
10 506
-
37 503
-
Corporate
116 853
161 000
-
-
income
32 719
45 079
-
-
surtax
-
-
-
-
total
32 719
45 079
-
-
Dividends
84 134
115 921
-
-
social contributions
14 471
19 939
-
-
surtax
-
-
-
-
withholding
10 770
14 837
-
-
total
25 241
34 776
-
-
Income
161 000
161 000
161 000
161 000
Total tax
75 214
79 855
75 240
71 525
After tax
85 786
81 145
85 760
89 475
Living cost
26 893
26 893
26 893
26 893
Free-cash
58 893
54 252
58 867
62 582

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽7293
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
₽42302
₽70068
₽54390
₽47120
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
-
-
-
161 000
pensions
-
-
-
9 209
income
-
-
-
54 780
health
-
-
-
9 693
total
-
-
-
73 682
Employee
67 124
67 124
146 392
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
24 494
-
total
33 372
28 959
43 396
-
Employer
67 124
67 124
146 392
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
82 945
82 121
-
-
income
16 589
16 425
-
-
total
16 589
16 425
-
-
Dividends
66 356
65 697
-
-
income
14 101
13 960
-
-
withholding
9 954
9 854
-
-
total
24 055
23 814
-
-
Income
161 000
161 000
161 000
161 000
Total tax
85 770
80 952
58 004
73 682
After tax
75 230
80 048
102 996
87 318
Living cost
32 928
32 928
32 928
32 928
Free-cash
42 302
47 120
70 068
54 390

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽6101
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
₽66052
₽76682
₽57080
₽57358
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.

-
-
-
161 000
trade
-
-
-
19 602
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.

-
-
-
52 266
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.

-
-
-
5 370
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.

-
-
-
2 874
total
-
-
-
80 112
Employee

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

30 064
-
161 000
-
health

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

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

5 370
-
5 370
-
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.

840
-
52 266
-
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
-
2 874
-
total
6 256
-
60 510
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 936
161 000
-
-
income
19 641
24 150
-
-
trade
20 622
25 358
-
-
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.

1 080
1 328
-
-
chamber of commerce
307
351
-
-
total
41 650
51 187
-
-
Dividends
89 286
109 814
-
-
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.

1 211
1 493
-
-
withholding
22 023
27 154
-
-
total
23 234
28 647
-
-
Income
161 000
161 000
161 000
161 000
Total tax
71 140
79 834
60 510
80 112
After tax
89 860
81 166
100 490
80 888
Living cost
23 808
23 808
23 808
23 808
Free-cash
66 052
57 358
76 682
57 080

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5612
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
₽94901
₽89361
₽90715
₽99179
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
-
-
-
161 000
income
-
-
-
35 263
health
-
-
-
4 105
social contributions
-
-
-
12 718
total
-
-
-
52 086
Employee
60 443
60 443
151 433
-
health
468
1 028
2 575
-
income
6 581
5 595
34 532
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
43 873
-
Employer
60 443
60 443
151 433
-
health
509
1 119
2 801
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
9 567
-
Corporate
130 672
94 422
-
-
income
16 334
11 803
-
-
total
16 334
11 803
-
-
Dividends
114 339
82 619
-
-
withholding
19 438
14 045
-
-
total
19 438
14 045
-
-
Income
161 000
161 000
161 000
161 000
Total tax
47 900
43 622
53 440
52 086
After tax
113 100
117 378
107 560
108 914
Living cost
18 199
18 199
18 199
18 199
Free-cash
94 901
99 179
89 361
90 715

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽5104
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
₽66129
₽47916
₽60123
₽66922
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.

-
-
-
161 000
income
-
-
-
20 275
social contributions

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

-
-
-
55 947
surtax
-
-
-
-
total
-
-
-
76 222
Employee
36 152
-
130 100
-
income
7 520
-
43 220
-
social contributions
3 977
-
14 311
-
surtax
-
-
-
-
total
11 497
-
57 531
-
Employer
36 152
-
130 100
-
social contributions
8 586
-
30 898
-
total
8 586
-
30 898
-
Corporate
116 262
161 000
-
-
income
24 415
33 810
-
-
surtax
-
-
-
-
total
24 415
33 810
-
-
Dividends
91 847
127 190
-
-
withholding
25 718
35 613
-
-
total
25 718
35 613
-
-
Income
161 000
161 000
161 000
161 000
Total tax
70 216
69 423
88 429
76 222
After tax
90 784
91 577
72 571
84 778
Living cost
24 655
24 655
24 655
24 655
Free-cash
66 129
66 922
47 916
60 123

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4342
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
₽145701
₽122696
₽153286
₽146846
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%.

-
-
-
161 000
microenterprise

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

-
-
-
1 610
total
-
-
-
1 610
Employee
7 629
-
161 000
-
income
1 526
-
32 200
-
total
1 526
-
32 200
-
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%.

153 371
161 000
-
-
total
-
-
-
-
Dividends
153 371
161 000
-
-
withholding
7 669
8 050
-
-
total
7 669
8 050
-
-
Income
161 000
161 000
161 000
161 000
Total tax
9 195
8 050
32 200
1 610
After tax
151 805
152 950
128 800
159 390
Living cost
6 104
6 104
6 104
6 104
Free-cash
145 701
146 846
122 696
153 286

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
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.
₽1646
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
₽83190
₽51838
₽55335
₽89766
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.

-
-
-
161 000
pensions
-
-
-
29 402
unemployment
-
-
-
242
income
-
-
-
39 095
health
-
-
-
15 843
total
-
-
-
84 582
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.

34 759
-
139 310
-
health
2 245
-
8 999
-
unemployment
49
-
195
-
pensions
5 388
-
21 593
-
income
5 994
-
35 601
-
total
13 676
-
66 388
-
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.

34 759
-
139 310
-
health
2 315
-
9 278
-
pensions
3 076
-
12 329
-
unemployment
21
-
84
-
total
5 412
-
21 691
-
Corporate
120 830
161 000
-
-
income
22 958
30 589
-
-
total
22 958
30 589
-
-
Dividends
97 871
130 411
-
-
withholding
14 681
19 562
-
-
total
14 681
19 562
-
-
Income
161 000
161 000
161 000
161 000
Total tax
56 727
50 151
88 079
84 582
After tax
104 273
110 849
72 921
76 418
Living cost
21 083
21 083
21 083
21 083
Free-cash
83 190
89 766
51 838
55 335

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽4855
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
₽74711
₽84565
₽103347
₽71964
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.

-
-
-
161 000
income
-
-
-
24 150
health

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

-
-
-
4 970
total
-
-
-
29 120
Employee
36 059
-
157 384
-
social contributions
3 613
-
3 616
-
income
3 913
-
40 670
-
total
7 526
-
44 286
-
Employer
36 059
-
157 384
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
121 328
161 000
-
-
income
42 464
56 350
-
-
total
42 464
56 350
-
-
Dividends
78 864
104 650
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
161 000
161 000
161 000
161 000
Total tax
57 756
60 503
47 902
29 120
After tax
103 244
100 497
113 098
131 880
Living cost
28 533
28 533
28 533
28 533
Free-cash
74 711
71 964
84 565
103 347

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽7051
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
₽81966
₽82743
₽86726
₽81556
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
-
-
-
161 000
income
-
-
-
24 150
health
-
-
-
11 238
social contributions
-
-
-
22 218
total
-
-
-
57 606
Employee
26 651
-
161 000
-
health
1 860
-
11 238
-
income
4 445
-
28 133
-
social contributions
3 678
-
22 218
-
total
9 983
-
61 589
-
Employer
26 651
-
161 000
-
total
-
-
-
-
Corporate
134 349
161 000
-
-
income

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

6 717
8 050
-
-
total
6 717
8 050
-
-
Dividends
127 632
152 950
-
-
social contributions
17 613
21 107
-
-
withholding
19 145
22 943
-
-
health
8 908
10 676
-
-
total
45 666
54 726
-
-
Income
161 000
161 000
161 000
161 000
Total tax
62 366
62 776
61 589
57 606
After tax
98 634
98 224
99 411
103 394
Living cost
16 668
16 668
16 668
16 668
Free-cash
81 966
81 556
82 743
86 726

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
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
₽80995
₽65734
₽72741
₽88844
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
-
-
-
161 000
income
-
-
-
17 036
health
-
-
-
21 735
social contributions
-
-
-
25 694
solidarity contribution
-
-
-
1 790
total
-
-
-
66 255
Employee
32 358
-
127 524
-
health
4 368
-
17 216
-
solidarity contribution
-
-
1 162
-
income
3 883
-
15 688
-
social contributions
2 103
-
5 720
-
total
10 354
-
39 786
-
Employer
32 358
-
127 524
-
health
2 912
-
11 477
-
social contributions
8 090
-
21 999
-
total
11 002
-
33 476
-
Corporate
117 640
161 000
-
-
income
22 352
30 590
-
-
total
22 352
30 590
-
-
Dividends
95 288
130 410
-
-
withholding
14 293
19 562
-
-
total
14 293
19 562
-
-
Income
161 000
161 000
161 000
161 000
Total tax
58 001
50 152
73 262
66 255
After tax
102 999
110 848
87 738
94 745
Living cost
22 004
22 004
22 004
22 004
Free-cash
80 995
88 844
65 734
72 741

Estimated living cost  is ₽22004 per week

₽16363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
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.
₽4041
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
₽141655
₽119289
₽149879
₽143439
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%.

-
-
-
161 000
microenterprise

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

-
-
-
1 610
total
-
-
-
1 610
Employee
11 889
-
161 000
-
income
2 378
-
32 200
-
total
2 378
-
32 200
-
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%.

149 111
161 000
-
-
total
-
-
-
-
Dividends
149 111
161 000
-
-
withholding
7 456
8 050
-
-
total
7 456
8 050
-
-
Income
161 000
161 000
161 000
161 000
Total tax
9 834
8 050
32 200
1 610
After tax
151 166
152 950
128 800
159 390
Living cost
9 511
9 511
9 511
9 511
Free-cash
141 655
143 439
119 289
149 879

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
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.
₽2356
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
₽48580
₽47795
₽51510
₽43180
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
-
-
-
161 000
income
-
-
-
27 878
other
-
-
-
4 991
health
-
-
-
7 510
social contributions
-
-
-
4 587
pensions
-
-
-
26 559
surtax
-
-
-
-
total
-
-
-
71 525
Employee
49 231
-
123 498
-
pensions
5 568
-
9 047
-
income
4 296
-
25 171
-
social contributions
1 402
-
3 519
-
surtax
-
-
-
-
total
11 266
-
37 737
-
Employer
49 231
-
123 498
-
health
3 446
-
11 970
-
social contributions
148
-
370
-
pensions
8 089
-
15 148
-
unemployment
1 994
-
5 002
-
other
1 699
-
5 013
-
total
15 376
-
37 503
-
Corporate
96 393
161 000
-
-
income
26 990
45 079
-
-
surtax
-
-
-
-
total
26 990
45 079
-
-
Dividends
69 403
115 921
-
-
social contributions
11 939
19 939
-
-
surtax
-
-
-
-
withholding
8 884
14 837
-
-
total
20 823
34 776
-
-
Income
161 000
161 000
161 000
161 000
Total tax
74 455
79 855
75 240
71 525
After tax
86 545
81 145
85 760
89 475
Living cost
37 965
37 965
37 965
37 965
Free-cash
48 580
43 180
47 795
51 510

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽8644
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
₽98914
₽88579
₽88577
₽102769
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.

-
-
-
161 000
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
36 976
health
-
-
-
5 966
total
-
-
-
58 870
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.

20 437
-
150 633
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
36 976
-
total
6 884
-
48 501
-
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.

20 437
-
150 633
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
136 904
161 000
-
-
income
20 536
24 150
-
-
total
20 536
24 150
-
-
Dividends
116 369
136 850
-
-
withholding
17 455
20 528
-
-
total
17 455
20 528
-
-
Income
161 000
161 000
161 000
161 000
Total tax
48 533
44 678
58 868
58 870
After tax
112 467
116 322
102 132
102 130
Living cost
13 553
13 553
13 553
13 553
Free-cash
98 914
102 769
88 579
88 577

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽2987
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
₽43042
₽68335
₽74030
₽20171
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
-
-
-
161 000
pensions
-
-
-
14 812
city
-
-
-
1 697
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.

-
-
-
3 221
health
-
-
-
362
regional
-
-
-
9 122
national
-
-
-
4 306
total
-
-
-
33 520
Employee
62 550
-
145 008
-
health
141
-
327
-
unemployment
-
-
-
-
city
671
-
1 570
-
pensions
5 255
-
11 169
-
regional
2 048
-
8 160
-
national
296
-
3 592
-
total
8 411
-
24 818
-
Employer
62 550
-
145 008
-
health
141
-
327
-
pensions
5 255
-
11 169
-
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.

1 251
-
2 901
-
total
6 647
-
14 397
-
Corporate
91 115
161 000
-
-
regional
19 271
34 052
-
-
national
7 745
13 685
-
-
total
27 016
47 737
-
-
Dividends
64 099
113 263
-
-
withholding
22 434
39 642
-
-
total
22 434
39 642
-
-
Income
161 000
161 000
161 000
161 000
Total tax
64 508
87 379
39 215
33 520
After tax
96 492
73 621
121 785
127 480
Living cost
53 450
53 450
53 450
53 450
Free-cash
43 042
20 171
68 335
74 030

Estimated living cost  is ₽53450 per week

₽34758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
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.
₽13239
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
₽71734
₽51946
₽70390
₽69307
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

-
-
-
161 000
municipal
-
-
-
28 594
health
-
-
-
2 151
national
-
-
-
29 687
total
-
-
-
60 432
Employee
41 355
-
135 442
-
health
309
-
1 757
-
unemployment
621
-
2 032
-
pensions
2 791
-
9 142
-
national
683
-
18 333
-
municipal
6 774
-
22 053
-
total
11 178
-
53 317
-
Employer
41 355
-
135 442
-
health
318
-
1 043
-
pensions
7 175
-
23 500
-
accident
42
-
136
-
unemployment
268
-
880
-
total
7 803
-
25 559
-
Corporate
111 842
161 000
-
-
income
22 369
32 200
-
-
total
22 369
32 200
-
-
Dividends

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

67 105
96 600
-
-
municipal
12 079
17 388
-
-
national
5 659
11 927
-
-
total
17 738
29 315
-
-
Income
161 000
161 000
161 000
161 000
Total tax
59 088
61 515
78 876
60 432
After tax
101 912
99 485
82 124
100 568
Living cost
30 178
30 178
30 178
30 178
Free-cash
71 734
69 307
51 946
70 390

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽7084
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
₽49546
₽26765
₽41285
₽60576
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
-
-
-
161 000
communal

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

-
-
-
8 485
social contributions
-
-
-
19 597
national
-
-
-
62 973
total
-
-
-
91 055
Employee

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

56 226
-
124 698
-
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.

2 642
-
5 861
-
communal

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

2 933
-
6 504
-
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.

489
-
1 084
-
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.

4 217
-
9 353
-
national
17 286
-
46 471
-
total
27 567
-
69 273
-
Employer

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

56 226
-
124 698
-
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.

3 458
-
7 670
-
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.

4 982
-
11 049
-
surtax
6 375
-
14 141
-
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.

731
-
1 621
-
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.

820
-
1 821
-
total
16 366
-
36 302
-
Corporate
88 408
161 000
-
-
income
17 682
33 265
-
-
surtax
354
665
-
-
total
18 036
33 930
-
-
Dividends
70 372
127 069
-
-
withholding

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

20 825
37 834
-
-
total
20 825
37 834
-
-
Income
161 000
161 000
161 000
161 000
Total tax
82 794
71 764
105 575
91 055
After tax
78 206
89 236
55 425
69 945
Living cost
28 660
28 660
28 660
28 660
Free-cash
49 546
60 576
26 765
41 285

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽7245
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
₽53049
₽47107
₽47934
₽53814
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
-
-
-
161 000
unemployment
-
-
-
75
municipal
-
-
-
41 555
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
15 774
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
78 974
Employee
48 578
-
137 524
-
national
-
-
15 316
-
municipal
14 486
-
41 009
-
total
14 486
-
56 325
-
Employer
48 578
-
137 524
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
97 158
161 000
-
-
income
21 375
35 420
-
-
total
21 375
35 420
-
-
Dividends
75 784
125 580
-
-
withholding
22 735
37 674
-
-
total
22 735
37 674
-
-
Income
161 000
161 000
161 000
161 000
Total tax
73 859
73 094
79 801
78 974
After tax
87 141
87 906
81 199
82 026
Living cost
34 092
34 092
34 092
34 092
Free-cash
53 049
53 814
47 107
47 934

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
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.
₽7634
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
₽18064
₽111415
₽73265
₽59953
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
-
-
-
161 000
income
-
-
-
31 382
social contributions
-
-
-
18 354
total
-
-
-
49 736
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
29 692
161 000
-
-
income
6 532
35 420
-
-
total
6 532
35 420
-
-
Dividends
23 159
125 580
-
-
income
5 095
27 628
-
-
total
5 095
27 628
-
-
Income
161 000
161 000
161 000
161 000
Total tax
104 937
63 048
11 586
49 736
After tax
56 063
97 952
149 414
111 264
Living cost
37 999
37 999
37 999
37 999
Free-cash
18 064
59 953
111 415
73 265

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9286
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
₽88622
₽82065
₽83419
₽91883
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
-
-
-
161 000
income
-
-
-
35 263
health
-
-
-
4 105
social contributions
-
-
-
12 718
total
-
-
-
52 086
Employee
60 443
60 443
151 433
-
health
601
1 028
2 575
-
income
6 347
5 595
34 532
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
43 873
-
Employer
60 443
60 443
151 433
-
health
655
1 119
2 801
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
9 567
-
Corporate
122 028
94 422
-
-
income
15 254
11 803
-
-
total
15 254
11 803
-
-
Dividends
106 774
82 619
-
-
withholding
18 152
14 045
-
-
total
18 152
14 045
-
-
Income
161 000
161 000
161 000
161 000
Total tax
46 883
43 622
53 440
52 086
After tax
114 117
117 378
107 560
108 914
Living cost
25 495
25 495
25 495
25 495
Free-cash
88 622
91 883
82 065
83 419

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽5647
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
₽78738
₽62080
₽76500
₽74238
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
-
-
-
161 000
income
-
-
-
48 899
pensions
-
-
-
7 380
total
-
-
-
56 279
Employee
38 737
-
140 392
-
health
505
-
1 930
-
pensions
2 957
-
8 877
-
income
7 054
-
39 284
-
total
10 516
-
50 091
-
Employer
38 737
-
140 392
-
health
736
-
2 667
-
pensions
3 914
-
17 941
-
total
4 650
-
20 608
-
Corporate
117 613
161 000
-
-
income

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

22 346
30 590
-
-
total
22 346
30 590
-
-
Dividends
95 266
130 410
-
-
withholding
16 529
27 951
-
-
total
16 529
27 951
-
-
Income
161 000
161 000
161 000
161 000
Total tax
54 041
58 541
70 699
56 279
After tax
106 959
102 459
90 301
104 721
Living cost
28 221
28 221
28 221
28 221
Free-cash
78 738
74 238
62 080
76 500

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5912
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
₽49916
₽36829
₽43336
₽53490
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
-
-
-
161 000
municipal
-
-
-
1 095
regional
-
-
-
3 788
social contributions
-
-
-
39 341
national
-
-
-
42 126
total
-
-
-
86 350
Employee
66 236
-
161 000
-
social contributions
22 335
-
51 577
-
regional
1 000
-
3 384
-
national
11 193
-
36 912
-
municipal
395
-
984
-
total
34 923
-
92 857
-
Employer
66 236
-
161 000
-
total
-
-
-
-
Corporate
94 764
161 000
-
-
nationa
22 743
38 640
-
-
municipal
4 567
7 760
-
-
total
27 310
46 400
-
-
Dividends
67 453
114 601
-
-
withholding
17 537
29 796
-
-
total
17 537
29 796
-
-
Income
161 000
161 000
161 000
161 000
Total tax
79 770
76 196
92 857
86 350
After tax
81 230
84 804
68 143
74 650
Living cost
31 314
31 314
31 314
31 314
Free-cash
49 916
53 490
36 829
43 336

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6690
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
₽10465
₽71597
₽93177
-₽3746
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
-
-
-
161 000
pensions
-
-
-
3 175
income
-
-
-
45 721
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
51 036
Employee
26 407
-
146 555
-
health
3 024
-
16 781
-
pensions
2 974
-
5 822
-
income
3 623
-
35 567
-
total
9 621
-
58 170
-
Employer
26 407
-
146 555
-
pensions
4 294
-
8 407
-
accident
441
-
2 448
-
unemployment
647
-
3 591
-
total
5 382
-
14 446
-
Corporate
129 211
161 000
-
-
income

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

116 290
144 900
-
-
total
116 290
144 900
-
-
Dividends
12 921
16 100
-
-
withholding
2 455
3 059
-
-
total
2 455
3 059
-
-
Income
161 000
161 000
161 000
161 000
Total tax
133 748
147 959
72 616
51 036
After tax
27 252
13 041
88 384
109 964
Living cost
16 787
16 787
16 787
16 787
Free-cash
10 465
-3 746
71 597
93 177

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3204
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
₽62758
₽70143
₽52283
₽52476
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.

-
-
-
161 000
trade
-
-
-
17 860
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.

-
-
-
52 266
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.

-
-
-
5 370
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.

-
-
-
2 874
total
-
-
-
78 370
Employee

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

39 110
-
161 000
-
health

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

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

5 370
-
5 370
-
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.

3 216
-
52 266
-
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
-
2 874
-
total
8 764
-
60 510
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
121 890
161 000
-
-
income
18 283
24 150
-
-
trade
17 491
23 104
-
-
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.

1 005
1 328
-
-
chamber of commerce
298
355
-
-
total
37 077
48 937
-
-
Dividends
84 812
112 063
-
-
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.

1 150
1 524
-
-
withholding
20 904
27 716
-
-
total
22 054
29 240
-
-
Income
161 000
161 000
161 000
161 000
Total tax
67 895
78 177
60 510
78 370
After tax
93 105
82 823
100 490
82 630
Living cost
30 347
30 347
30 347
30 347
Free-cash
62 758
52 476
70 143
52 283

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
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.
₽5707
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
₽105999
₽52813
₽41143
₽112447
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.

-
-
-
161 000
income
-
-
-
32 333
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.

-
-
-
30 116
surtax
-
-
-
41 055
total
-
-
-
103 504
Employee
22 968
-
124 714
-
income
4 089
-
27 161
-
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.

2 527
-
10 304
-
surtax
-
-
18 083
-
total
6 616
-
55 548
-
Employer
22 968
-
124 714
-
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.

5 533
-
22 567
-
surtax
-
-
13 719
-
total
5 533
-
36 286
-
Corporate
132 499
161 000
-
-
income

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

26 499
32 200
-
-
total
26 499
32 200
-
-
Dividends

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

106 000
128 800
-
-
total
-
-
-
-
Income
161 000
161 000
161 000
161 000
Total tax
38 648
32 200
91 834
103 504
After tax
122 352
128 800
69 166
57 496
Living cost
16 353
16 353
16 353
16 353
Free-cash
105 999
112 447
52 813
41 143

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
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.
₽3992
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
₽89085
₽88442
₽89139
₽90691
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
-
-
-
161 000
income
-
-
-
49 792
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
62 088
Employee
14 885
-
152 981
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
49 418
-
total
5 112
-
54 765
-
Employer
14 885
-
152 981
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
142 766
161 000
-
-
income
31 409
35 420
-
-
total
31 409
35 420
-
-
Dividends
111 358
125 580
-
-
withholding
22 272
25 116
-
-
total
22 272
25 116
-
-
Income
161 000
161 000
161 000
161 000
Total tax
62 142
60 536
62 785
62 088
After tax
98 858
100 464
98 215
98 912
Living cost
9 773
9 773
9 773
9 773
Free-cash
89 085
90 691
88 442
89 139

Estimated living cost  is ₽9773 per week

₽5807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
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
₽81114
₽53428
₽58234
₽83613
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
-
-
-
161 000
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
48 538
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
7 964
total
-
-
-
85 111
Employee
26 471
-
138 918
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
43 837
-
other
-
-
-
-
surtax
94
-
7 024
-
total
8 816
-
67 835
-
Employer
26 471
-
138 918
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
128 956
161 000
-
-
income
33 528
41 860
-
-
total
33 528
41 860
-
-
Dividends
95 428
119 140
-
-
withholding
14 314
17 872
-
-
total
14 314
17 872
-
-
Income
161 000
161 000
161 000
161 000
Total tax
62 231
59 732
89 917
85 111
After tax
98 769
101 268
71 083
75 889
Living cost
17 655
17 655
17 655
17 655
Free-cash
81 114
83 613
53 428
58 234

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
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.
₽5052
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
₽63483
₽17338
₽57773
₽63873
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
-
-
-
161 000
pensions
-
-
-
16 988
chamber of commerce
-