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
₽ 162000
per

Your estimated
City
free-cash

Valencia , Spain
₽82683
₽65806
₽69096
₽86144
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
-
-
-
162 000
unemployment
-
-
-
509
income
-
-
-
49 561
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
71 353
Employee
28 978
-
138 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
46 871
-
other
28
-
73
-
total
7 426
-
51 485
-
Employer
28 978
-
138 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
123 783
162 000
-
-
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.

18 568
24 300
-
-
total
18 568
24 300
-
-
Dividends
105 215
137 700
-
-
withholding
22 534
30 005
-
-
total
22 534
30 005
-
-
Income
162 000
162 000
162 000
162 000
Total tax
57 766
54 305
74 643
71 353
After tax
104 234
107 695
87 357
90 647
Living cost
21 551
21 551
21 551
21 551
Free-cash
82 683
86 144
65 806
69 096

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽92846
₽72932
₽74304
₽98138
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
-
-
-
162 000
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.

-
-
-
28 602
income
-
-
-
27 307
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
66 813
Employee
28 456
-
131 867
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
26 850
-
total
7 573
-
38 052
-
Employer
28 456
-
131 867
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
1 054
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 133
-
Corporate
126 373
162 000
-
-
income
26 538
34 020
-
-
total
26 538
34 020
-
-
Dividends
99 835
127 980
-
-
withholding
6 988
8 959
-
-
total
6 988
8 959
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 271
42 979
68 185
66 813
After tax
113 729
119 021
93 815
95 187
Living cost
20 883
20 883
20 883
20 883
Free-cash
92 846
98 138
72 932
74 304

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽124599
₽126735
₽120124
₽128239
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
-
-
-
162 000
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
24 300
health
-
-
-
3 147
total
-
-
-
31 606
Employee
13 600
-
156 632
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
15 663
-
total
3 330
-
19 626
-
Employer
13 600
-
156 632
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
145 732
162 000
-
-
income
14 573
16 200
-
-
total
14 573
16 200
-
-
Dividends
131 159
145 800
-
-
withholding
6 558
7 290
-
-
total
6 558
7 290
-
-
Income
162 000
162 000
162 000
162 000
Total tax
27 130
23 490
24 994
31 606
After tax
134 870
138 510
137 006
130 394
Living cost
10 270
10 270
10 270
10 270
Free-cash
124 599
128 239
126 735
120 124

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽59464
₽59238
₽63075
₽54836
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
-
-
-
162 000
income
-
-
-
28 272
other
-
-
-
5 022
health
-
-
-
7 598
social contributions
-
-
-
4 616
pensions
-
-
-
26 604
surtax
-
-
-
-
total
-
-
-
72 112
Employee
33 541
-
124 193
-
pensions
3 792
-
9 127
-
income
1 980
-
25 477
-
social contributions
956
-
3 538
-
surtax
-
-
-
-
total
6 728
-
38 142
-
Employer
33 541
-
124 193
-
health
2 348
-
12 073
-
social contributions
101
-
373
-
pensions
5 510
-
15 277
-
unemployment
1 358
-
5 030
-
other
1 157
-
5 054
-
total
10 474
-
37 807
-
Corporate
117 984
162 000
-
-
income
33 036
45 360
-
-
surtax
-
-
-
-
total
33 036
45 360
-
-
Dividends
84 948
116 640
-
-
social contributions
14 612
20 061
-
-
surtax
-
-
-
-
withholding
10 873
14 930
-
-
total
25 485
34 991
-
-
Income
162 000
162 000
162 000
162 000
Total tax
75 723
80 351
75 949
72 112
After tax
86 277
81 649
86 051
89 888
Living cost
26 813
26 813
26 813
26 813
Free-cash
59 464
54 836
59 238
63 075

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽42930
₽70801
₽54939
₽47733
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
-
-
-
162 000
pensions
-
-
-
9 182
income
-
-
-
55 384
health
-
-
-
9 664
total
-
-
-
74 230
Employee
66 925
66 925
147 436
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
24 957
-
total
33 274
28 874
43 803
-
Employer
66 925
66 925
147 436
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
84 176
83 355
-
-
income
16 835
16 670
-
-
total
16 835
16 670
-
-
Dividends
67 341
66 685
-
-
income
14 310
14 170
-
-
withholding
10 101
10 003
-
-
total
24 411
24 173
-
-
Income
162 000
162 000
162 000
162 000
Total tax
86 239
81 436
58 368
74 230
After tax
75 761
80 564
103 632
87 770
Living cost
32 831
32 831
32 831
32 831
Free-cash
42 930
47 733
70 801
54 939

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽66599
₽77275
₽57499
₽57928
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.

-
-
-
162 000
trade
-
-
-
19 776
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.

-
-
-
52 733
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 900
total
-
-
-
80 763
Employee

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

29 975
-
162 000
-
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.

5 354
-
5 354
-
income

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

837
-
52 733
-
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
-
2 900
-
total
6 237
-
60 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 025
162 000
-
-
income
19 804
24 300
-
-
trade
20 794
25 515
-
-
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.

1 089
1 337
-
-
chamber of commerce
309
352
-
-
total
41 996
51 504
-
-
Dividends
90 028
110 496
-
-
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.

1 221
1 504
-
-
withholding
22 209
27 326
-
-
total
23 430
28 830
-
-
Income
162 000
162 000
162 000
162 000
Total tax
71 663
80 334
60 987
80 763
After tax
90 337
81 666
101 013
81 237
Living cost
23 738
23 738
23 738
23 738
Free-cash
66 599
57 928
77 275
57 499

Estimated living cost  is ₽23738 per week

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

Additional information

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

Larnaca , Cyprus
₽95693
₽90023
₽91382
₽99955
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
-
-
-
162 000
income
-
-
-
35 661
health
-
-
-
4 132
social contributions
-
-
-
12 680
total
-
-
-
52 473
Employee
60 263
60 263
152 434
-
health
467
1 025
2 591
-
income
6 562
5 579
34 929
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
44 266
-
Employer
60 263
60 263
152 434
-
health
507
1 115
2 820
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 566
-
Corporate
131 762
95 620
-
-
income
16 470
11 953
-
-
total
16 470
11 953
-
-
Dividends
115 293
83 667
-
-
withholding
19 600
14 224
-
-
total
19 600
14 224
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 162
43 900
53 832
52 473
After tax
113 838
118 100
108 168
109 527
Living cost
18 145
18 145
18 145
18 145
Free-cash
95 693
99 955
90 023
91 382

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽66775
₽48357
₽60640
₽67563
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.

-
-
-
162 000
income
-
-
-
20 483
social contributions

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

-
-
-
56 295
surtax
-
-
-
-
total
-
-
-
76 778
Employee
36 044
-
130 909
-
income
7 497
-
43 571
-
social contributions
3 965
-
14 399
-
surtax
-
-
-
-
total
11 462
-
57 970
-
Employer
36 044
-
130 909
-
social contributions
8 560
-
31 091
-
total
8 560
-
31 091
-
Corporate
117 395
162 000
-
-
income
24 652
34 020
-
-
surtax
-
-
-
-
total
24 652
34 020
-
-
Dividends
92 743
127 980
-
-
withholding
25 969
35 835
-
-
total
25 969
35 835
-
-
Income
162 000
162 000
162 000
162 000
Total tax
70 643
69 855
89 061
76 778
After tax
91 357
92 145
72 939
85 222
Living cost
24 582
24 582
24 582
24 582
Free-cash
66 775
67 563
48 357
60 640

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽146688
₽123526
₽154306
₽147826
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%.

-
-
-
162 000
microenterprise

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

-
-
-
1 620
total
-
-
-
1 620
Employee
7 592
-
162 000
-
income
1 518
-
32 400
-
total
1 518
-
32 400
-
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%.

154 408
162 000
-
-
total
-
-
-
-
Dividends
154 408
162 000
-
-
withholding
7 720
8 100
-
-
total
7 720
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 238
8 100
32 400
1 620
After tax
152 762
153 900
129 600
160 380
Living cost
6 074
6 074
6 074
6 074
Free-cash
146 688
147 826
123 526
154 306

Estimated living cost  is ₽6074 per week

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

Additional information

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

Ljubljana , Slovenia
₽83961
₽52184
₽55702
₽90516
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.

-
-
-
162 000
pensions
-
-
-
29 585
unemployment
-
-
-
242
income
-
-
-
39 510
health
-
-
-
15 940
total
-
-
-
85 277
Employee

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

34 656
-
140 175
-
health
2 238
-
9 054
-
unemployment
49
-
196
-
pensions
5 372
-
21 727
-
income
5 976
-
35 993
-
total
13 635
-
66 970
-
Employer

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

34 656
-
140 175
-
health
2 308
-
9 335
-
pensions
3 067
-
12 405
-
unemployment
21
-
85
-
total
5 396
-
21 825
-
Corporate
121 949
162 000
-
-
income
23 170
30 780
-
-
total
23 170
30 780
-
-
Dividends
98 779
131 220
-
-
withholding
14 817
19 683
-
-
total
14 817
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
57 018
50 463
88 795
85 277
After tax
104 982
111 537
73 205
76 723
Living cost
21 021
21 021
21 021
21 021
Free-cash
83 961
90 516
52 184
55 702

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽75450
₽85274
₽104296
₽72710
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.

-
-
-
162 000
income
-
-
-
24 300
health

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

-
-
-
4 955
total
-
-
-
29 255
Employee
35 952
-
158 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
41 067
-
total
7 503
-
44 672
-
Employer
35 952
-
158 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
122 446
162 000
-
-
income
42 856
56 701
-
-
total
42 856
56 701
-
-
Dividends
79 590
105 299
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 101
60 841
48 277
29 255
After tax
103 899
101 159
113 723
132 745
Living cost
28 449
28 449
28 449
28 449
Free-cash
75 450
72 710
85 274
104 296

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽82623
₽83374
₽87419
₽82218
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
-
-
-
162 000
income
-
-
-
24 300
health
-
-
-
11 307
social contributions
-
-
-
22 356
total
-
-
-
57 963
Employee
26 572
-
162 000
-
health
1 855
-
11 307
-
income
4 432
-
28 345
-
social contributions
3 668
-
22 356
-
total
9 955
-
62 008
-
Employer
26 572
-
162 000
-
total
-
-
-
-
Corporate
135 428
162 000
-
-
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%.

6 771
8 099
-
-
total
6 771
8 099
-
-
Dividends
128 656
153 901
-
-
social contributions
17 755
21 238
-
-
withholding
19 298
23 085
-
-
health
8 980
10 742
-
-
total
46 033
55 065
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 759
63 164
62 008
57 963
After tax
99 241
98 836
99 992
104 037
Living cost
16 618
16 618
16 618
16 618
Free-cash
82 623
82 218
83 374
87 419

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽81775
₽66457
₽73524
₽89600
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
-
-
-
162 000
income
-
-
-
17 177
health
-
-
-
21 870
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
1 875
total
-
-
-
66 539
Employee
32 261
-
128 502
-
health
4 355
-
17 348
-
solidarity contribution
-
-
1 241
-
income
3 871
-
15 818
-
social contributions
2 097
-
5 702
-
total
10 323
-
40 109
-
Employer
32 261
-
128 502
-
health
2 903
-
11 565
-
social contributions
8 065
-
21 932
-
total
10 968
-
33 497
-
Corporate
118 771
162 000
-
-
income
22 566
30 780
-
-
total
22 566
30 780
-
-
Dividends
96 204
131 220
-
-
withholding
14 431
19 683
-
-
total
14 431
19 683
-
-
Income
162 000
162 000
162 000
162 000
Total tax
58 288
50 463
73 606
66 539
After tax
103 712
111 537
88 394
95 461
Living cost
21 937
21 937
21 937
21 937
Free-cash
81 775
89 600
66 457
73 524

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽142661
₽120135
₽150915
₽144435
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%.

-
-
-
162 000
microenterprise

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

-
-
-
1 620
total
-
-
-
1 620
Employee
11 832
-
162 000
-
income
2 366
-
32 400
-
total
2 366
-
32 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

150 168
162 000
-
-
total
-
-
-
-
Dividends
150 168
162 000
-
-
withholding
7 508
8 100
-
-
total
7 508
8 100
-
-
Income
162 000
162 000
162 000
162 000
Total tax
9 874
8 100
32 400
1 620
After tax
152 126
153 900
129 600
160 380
Living cost
9 465
9 465
9 465
9 465
Free-cash
142 661
144 435
120 135
150 915

Estimated living cost  is ₽9465 per week

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

Additional information

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

Paris , France
₽49186
₽48199
₽52036
₽43797
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
-
-
-
162 000
income
-
-
-
28 272
other
-
-
-
5 022
health
-
-
-
7 598
social contributions
-
-
-
4 616
pensions
-
-
-
26 604
surtax
-
-
-
-
total
-
-
-
72 112
Employee
49 085
-
124 193
-
pensions
5 552
-
9 127
-
income
4 283
-
25 477
-
social contributions
1 398
-
3 538
-
surtax
-
-
-
-
total
11 233
-
38 142
-
Employer
49 085
-
124 193
-
health
3 435
-
12 073
-
social contributions
147
-
373
-
pensions
8 065
-
15 277
-
unemployment
1 988
-
5 030
-
other
1 694
-
5 054
-
total
15 329
-
37 807
-
Corporate
97 585
162 000
-
-
income
27 323
45 360
-
-
surtax
-
-
-
-
total
27 323
45 360
-
-
Dividends
70 261
116 640
-
-
social contributions
12 084
20 061
-
-
surtax
-
-
-
-
withholding
8 993
14 930
-
-
total
21 077
34 991
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 962
80 351
75 949
72 112
After tax
87 038
81 649
86 051
89 888
Living cost
37 852
37 852
37 852
37 852
Free-cash
49 186
43 797
48 199
52 036

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽99688
₽89425
₽89425
₽103533
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.

-
-
-
162 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
37 236
health
-
-
-
5 948
total
-
-
-
59 063
Employee

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

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

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

20 376
-
151 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
37 236
-
total
6 864
-
48 727
-
Employer

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

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

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

20 376
-
151 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
137 977
162 000
-
-
income
20 697
24 300
-
-
total
20 697
24 300
-
-
Dividends
117 281
137 700
-
-
withholding
17 592
20 655
-
-
total
17 592
20 655
-
-
Income
162 000
162 000
162 000
162 000
Total tax
48 800
44 955
59 063
59 063
After tax
113 200
117 045
102 937
102 937
Living cost
13 512
13 512
13 512
13 512
Free-cash
99 688
103 533
89 425
89 425

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽43590
₽69229
₽74874
₽20790
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
-
-
-
162 000
pensions
-
-
-
14 903
city
-
-
-
1 708
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.

-
-
-
3 240
health
-
-
-
364
regional
-
-
-
9 214
national
-
-
-
4 408
total
-
-
-
33 837
Employee
62 361
-
145 943
-
health
141
-
328
-
unemployment
-
-
-
-
city
669
-
1 581
-
pensions
5 239
-
11 204
-
regional
2 042
-
8 252
-
national
295
-
3 666
-
total
8 386
-
25 031
-
Employer
62 361
-
145 943
-
health
141
-
328
-
pensions
5 239
-
11 204
-
unemployment
-
-
-
-
other

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

1 247
-
2 919
-
total
6 627
-
14 451
-
Corporate
92 326
162 000
-
-
regional
19 527
34 263
-
-
national
7 848
13 770
-
-
total
27 375
48 033
-
-
Dividends
64 951
113 967
-
-
withholding
22 733
39 888
-
-
total
22 733
39 888
-
-
Income
162 000
162 000
162 000
162 000
Total tax
65 121
87 921
39 482
33 837
After tax
96 879
74 079
122 518
128 163
Living cost
53 289
53 289
53 289
53 289
Free-cash
43 590
20 790
69 229
74 874

Estimated living cost  is ₽53289 per week

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

Additional information

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

Helsinki , Finland
₽72354
₽52362
₽70920
₽69936
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

-
-
-
162 000
municipal
-
-
-
28 769
health
-
-
-
2 168
national
-
-
-
30 054
total
-
-
-
60 991
Employee
41 232
-
136 281
-
health
308
-
1 771
-
unemployment
619
-
2 045
-
pensions
2 783
-
9 199
-
national
681
-
18 628
-
municipal
6 754
-
22 188
-
total
11 145
-
53 831
-
Employer
41 232
-
136 281
-
health
317
-
1 050
-
pensions
7 154
-
23 645
-
accident
42
-
137
-
unemployment
268
-
886
-
total
7 781
-
25 718
-
Corporate
112 988
162 000
-
-
income
22 597
32 399
-
-
total
22 597
32 399
-
-
Dividends

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

67 793
97 201
-
-
municipal
12 203
17 496
-
-
national
5 831
12 080
-
-
total
18 034
29 576
-
-
Income
162 000
162 000
162 000
162 000
Total tax
59 557
61 975
79 549
60 991
After tax
102 443
100 025
82 451
101 009
Living cost
30 089
30 089
30 089
30 089
Free-cash
72 354
69 936
52 362
70 920

Estimated living cost  is ₽30089 per week

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

Additional information

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

Brussels , Belgium
₽50224
₽27124
₽41814
₽61124
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
-
-
-
162 000
communal

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

-
-
-
8 547
social contributions
-
-
-
19 539
national
-
-
-
63 525
total
-
-
-
91 611
Employee

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

56 059
-
125 472
-
health

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

2 634
-
5 897
-
communal

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

2 924
-
6 544
-
unemployment

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

488
-
1 092
-
pensions

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

4 204
-
9 410
-
national
17 235
-
46 831
-
total
27 485
-
69 774
-
Employer

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

56 059
-
125 472
-
health

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

3 447
-
7 717
-
pensions

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

4 967
-
11 117
-
surtax
6 356
-
14 230
-
accident

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

729
-
1 631
-
unemployment

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

818
-
1 832
-
total
16 317
-
36 527
-
Corporate
89 623
162 000
-
-
income
17 924
33 595
-
-
surtax
358
672
-
-
total
18 282
34 267
-
-
Dividends
71 341
127 733
-
-
withholding

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

21 117
38 034
-
-
total
21 117
38 034
-
-
Income
162 000
162 000
162 000
162 000
Total tax
83 201
72 301
106 301
91 611
After tax
78 799
89 699
55 699
70 389
Living cost
28 575
28 575
28 575
28 575
Free-cash
50 224
61 124
27 124
41 814

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽53676
₽47617
₽48442
₽54439
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
-
-
-
162 000
unemployment
-
-
-
75
municipal
-
-
-
41 869
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
16 081
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
79 545
Employee
48 465
-
138 578
-
national
-
-
15 625
-
municipal
14 452
-
41 324
-
total
14 452
-
56 949
-
Employer
48 465
-
138 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
98 308
162 000
-
-
income
21 628
35 640
-
-
total
21 628
35 640
-
-
Dividends
76 680
126 360
-
-
withholding
23 004
37 908
-
-
total
23 004
37 908
-
-
Income
162 000
162 000
162 000
162 000
Total tax
74 312
73 548
80 370
79 545
After tax
87 688
88 452
81 630
82 455
Living cost
34 012
34 012
34 012
34 012
Free-cash
53 676
54 439
47 617
48 442

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
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.
₽7616
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
₽18928
₽112574
₽74078
₽60684
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
-
-
-
162 000
income
-
-
-
31 577
social contributions
-
-
-
18 468
total
-
-
-
50 045
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
31 112
162 000
-
-
income
6 845
35 640
-
-
total
6 845
35 640
-
-
Dividends
24 268
126 360
-
-
income
5 339
27 799
-
-
total
5 339
27 799
-
-
Income
162 000
162 000
162 000
162 000
Total tax
105 195
63 439
11 549
50 045
After tax
56 805
98 561
150 451
111 955
Living cost
37 877
37 877
37 877
37 877
Free-cash
18 928
60 684
112 574
74 078

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
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.
₽9256
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
₽89434
₽82749
₽84108
₽92681
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
-
-
-
162 000
income
-
-
-
35 661
health
-
-
-
4 132
social contributions
-
-
-
12 680
total
-
-
-
52 473
Employee
60 263
60 263
152 434
-
health
599
1 025
2 591
-
income
6 328
5 579
34 929
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
44 266
-
Employer
60 263
60 263
152 434
-
health
653
1 115
2 820
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 566
-
Corporate
123 143
95 620
-
-
income
15 393
11 953
-
-
total
15 393
11 953
-
-
Dividends
107 751
83 667
-
-
withholding
18 318
14 224
-
-
total
18 318
14 224
-
-
Income
162 000
162 000
162 000
162 000
Total tax
47 147
43 900
53 832
52 473
After tax
114 853
118 100
108 168
109 527
Living cost
25 419
25 419
25 419
25 419
Free-cash
89 434
92 681
82 749
84 108

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽79311
₽62638
₽77143
₽74825
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
-
-
-
162 000
income
-
-
-
49 334
pensions
-
-
-
7 387
total
-
-
-
56 721
Employee
38 621
-
141 251
-
health
504
-
1 937
-
pensions
2 948
-
8 877
-
income
7 033
-
39 663
-
total
10 485
-
50 477
-
Employer
38 621
-
141 251
-
health
734
-
2 684
-
pensions
3 902
-
18 065
-
total
4 636
-
20 749
-
Corporate
118 743
162 000
-
-
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.

22 561
30 780
-
-
total
22 561
30 780
-
-
Dividends
96 183
131 220
-
-
withholding
16 871
28 259
-
-
total
16 871
28 259
-
-
Income
162 000
162 000
162 000
162 000
Total tax
54 553
59 039
71 226
56 721
After tax
107 447
102 961
90 774
105 279
Living cost
28 136
28 136
28 136
28 136
Free-cash
79 311
74 825
62 638
77 143

Estimated living cost  is ₽28136 per week

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

Additional information

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

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

Rome , Italy
₽50546
₽37529
₽43987
₽54109
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
-
-
-
162 000
municipal
-
-
-
1 105
regional
-
-
-
3 827
social contributions
-
-
-
39 224
national
-
-
-
42 636
total
-
-
-
86 792
Employee
66 040
-
162 000
-
social contributions
22 268
-
51 424
-
regional
997
-
3 421
-
national
11 160
-
37 410
-
municipal
394
-
995
-
total
34 819
-
93 250
-
Employer
66 040
-
162 000
-
total
-
-
-
-
Corporate
95 960
162 000
-
-
nationa
23 030
38 881
-
-
municipal
4 625
7 808
-
-
total
27 655
46 689
-
-
Dividends
68 305
115 311
-
-
withholding
17 759
29 981
-
-
total
17 759
29 981
-
-
Income
162 000
162 000
162 000
162 000
Total tax
80 233
76 670
93 250
86 792
After tax
81 767
85 330
68 750
75 208
Living cost
31 221
31 221
31 221
31 221
Free-cash
50 546
54 109
37 529
43 987

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽10553
₽72242
₽93906
-₽3615
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
-
-
-
162 000
pensions
-
-
-
3 165
income
-
-
-
46 059
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
51 357
Employee
26 328
-
147 540
-
health
3 015
-
16 893
-
pensions
2 965
-
5 804
-
income
3 612
-
35 864
-
total
9 592
-
58 561
-
Employer
26 328
-
147 540
-
pensions
4 281
-
8 381
-
accident
440
-
2 464
-
unemployment
645
-
3 615
-
total
5 366
-
14 460
-
Corporate
130 307
162 000
-
-
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.

117 276
145 800
-
-
total
117 276
145 800
-
-
Dividends
13 031
16 200
-
-
withholding
2 476
3 078
-
-
total
2 476
3 078
-
-
Income
162 000
162 000
162 000
162 000
Total tax
134 710
148 878
73 021
51 357
After tax
27 290
13 122
88 979
110 643
Living cost
16 737
16 737
16 737
16 737
Free-cash
10 553
-3 615
72 242
93 906

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
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
₽63331
₽70756
₽52738
₽53078
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.

-
-
-
162 000
trade
-
-
-
18 018
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.

-
-
-
52 733
health

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

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

-
-
-
5 354
surtax

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

-
-
-
2 900
total
-
-
-
79 005
Employee

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

38 994
-
162 000
-
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.

5 354
-
5 354
-
income

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

3 206
-
52 733
-
surtax

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

177
-
2 900
-
total
8 737
-
60 987
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
123 006
162 000
-
-
income
18 451
24 300
-
-
trade
17 652
23 247
-
-
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.

1 014
1 337
-
-
chamber of commerce
299
357
-
-
total
37 416
49 241
-
-
Dividends
85 590
112 759
-
-
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.

1 160
1 533
-
-
withholding
21 099
27 891
-
-
total
22 259
29 424
-
-
Income
162 000
162 000
162 000
162 000
Total tax
68 412
78 665
60 987
79 005
After tax
93 588
83 335
101 013
82 995
Living cost
30 257
30 257
30 257
30 257
Free-cash
63 331
53 078
70 756
52 738

Estimated living cost  is ₽30257 per week

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

Additional information

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

Riga , Latvia
₽106868
₽53376
₽41659
₽113297
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.

-
-
-
162 000
income
-
-
-
32 701
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
41 309
total
-
-
-
104 037
Employee
22 900
-
125 676
-
income
4 076
-
27 499
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
18 223
-
total
6 595
-
55 996
-
Employer
22 900
-
125 676
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
13 824
-
total
5 516
-
36 324
-
Corporate
133 584
162 000
-
-
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%.

26 717
32 399
-
-
total
26 717
32 399
-
-
Dividends

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

106 867
129 601
-
-
total
-
-
-
-
Income
162 000
162 000
162 000
162 000
Total tax
38 828
32 399
92 320
104 037
After tax
123 172
129 601
69 680
57 963
Living cost
16 304
16 304
16 304
16 304
Free-cash
106 868
113 297
53 376
41 659

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽89744
₽89142
₽89836
₽91345
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
-
-
-
162 000
income
-
-
-
50 162
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
62 421
Employee
14 840
-
154 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
49 789
-
total
5 097
-
55 119
-
Employer
14 840
-
154 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
143 821
162 000
-
-
income
31 641
35 640
-
-
total
31 641
35 640
-
-
Dividends
112 180
126 360
-
-
withholding
22 436
25 272
-
-
total
22 436
25 272
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 513
60 912
63 115
62 421
After tax
99 487
101 088
98 885
99 579
Living cost
9 743
9 743
9 743
9 743
Free-cash
89 744
91 345
89 142
89 836

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽81801
₽53949
₽58742
₽84295
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
-
-
-
162 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
49 059
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
8 073
total
-
-
-
85 655
Employee
26 392
-
139 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
44 371
-
other
-
-
-
-
surtax
94
-
7 136
-
total
8 791
-
68 431
-
Employer
26 392
-
139 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
130 051
162 000
-
-
income
33 814
42 120
-
-
total
33 814
42 120
-
-
Dividends
96 238
119 880
-
-
withholding
14 435
17 982
-
-
total
14 435
17 982
-
-
Income
162 000
162 000
162 000
162 000
Total tax
62 596
60 102
90 448
85 655
After tax
99 404
101 898
71 552
76 345
Living cost
17 603
17 603
17 603
17 603
Free-cash
81 801
84 295
53 949
58 742

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽64098
₽17656
₽58363
₽64487
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
-
-
-
162 000
pensions
-
-
-
16 938
chamber of commerce
-