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
₽ 163000
per

Your estimated
City
free-cash

Valencia , Spain
₽83477
₽66496
₽69766
₽86917
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
-
-
-
163 000
unemployment
-
-
-
506
income
-
-
-
50 151
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
71 812
Employee
28 805
-
139 981
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
47 477
-
other
28
-
72
-
total
7 381
-
52 062
-
Employer
28 805
-
139 981
-
pensions
6 797
-
17 041
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 020
-
Corporate
125 012
163 000
-
-
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.

18 752
24 450
-
-
total
18 752
24 450
-
-
Dividends
106 260
138 550
-
-
withholding
22 784
30 211
-
-
total
22 784
30 211
-
-
Income
163 000
163 000
163 000
163 000
Total tax
58 101
54 661
75 082
71 812
After tax
104 899
108 339
87 918
91 188
Living cost
21 422
21 422
21 422
21 422
Free-cash
83 477
86 917
66 496
69 766

Estimated living cost  is ₽21422 per week

₽14459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽93739
₽73963
₽75337
₽99000
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
-
-
-
163 000
pensions

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

-
-
-
28 431
income
-
-
-
27 636
other
-
-
-
5 626
health
-
-
-
5 213
total
-
-
-
66 906
Employee
28 285
-
133 032
-
health
396
-
1 659
-
unemployment
282
-
1 184
-
pensions

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

1 979
-
8 292
-
income
4 870
-
27 177
-
total
7 527
-
38 312
-
Employer
28 285
-
133 032
-
health
396
-
1 659
-
pensions

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

4 809
-
20 139
-
accident
226
-
1 064
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
29 968
-
Corporate
127 587
163 000
-
-
income
26 793
34 230
-
-
total
26 793
34 230
-
-
Dividends
100 794
128 770
-
-
withholding
7 056
9 013
-
-
total
7 056
9 013
-
-
Income
163 000
163 000
163 000
163 000
Total tax
48 504
43 243
68 280
66 906
After tax
114 496
119 757
94 720
96 094
Living cost
20 757
20 757
20 757
20 757
Free-cash
93 739
99 000
73 963
75 337

Estimated living cost  is ₽20757 per week

₽14666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽125548
₽127763
₽121090
₽129163
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
-
-
-
163 000
pensions

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

-
-
-
4 023
unemployment
-
-
-
109
income
-
-
-
24 450
health
-
-
-
3 126
total
-
-
-
31 708
Employee
13 509
-
157 667
-
health
621
-
1 250
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
pensions

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

1 186
-
2 387
-
income
1 351
-
15 767
-
total
3 307
-
19 703
-
Employer
13 509
-
157 667
-
health
932
-
1 875
-
pensions

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

1 489
-
2 995
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 651
-
5 332
-
Corporate
146 840
163 000
-
-
income
14 684
16 300
-
-
total
14 684
16 300
-
-
Dividends
132 156
146 700
-
-
withholding
6 608
7 335
-
-
total
6 608
7 335
-
-
Income
163 000
163 000
163 000
163 000
Total tax
27 250
23 635
25 035
31 708
After tax
135 750
139 365
137 965
131 292
Living cost
10 202
10 202
10 202
10 202
Free-cash
125 548
129 163
127 763
121 090

Estimated living cost  is ₽10202 per week

₽5956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽270
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.
₽3247
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
₽60101
₽59608
₽63606
₽55499
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
-
-
-
163 000
income
-
-
-
28 741
other
-
-
-
5 053
health
-
-
-
7 696
social contributions
-
-
-
4 645
pensions
-
-
-
26 607
surtax
-
-
-
-
total
-
-
-
72 742
Employee
33 340
-
124 867
-
pensions
3 770
-
9 217
-
income
1 968
-
25 832
-
social contributions
951
-
3 558
-
surtax
-
-
-
-
total
6 689
-
38 607
-
Employer
33 340
-
124 867
-
health
2 334
-
12 185
-
social contributions
101
-
374
-
pensions
5 477
-
15 419
-
unemployment
1 350
-
5 057
-
other
1 150
-
5 098
-
total
10 412
-
38 133
-
Corporate
119 248
163 000
-
-
income
33 389
45 640
-
-
surtax
-
-
-
-
total
33 389
45 640
-
-
Dividends
85 859
117 360
-
-
social contributions
14 767
20 186
-
-
surtax
-
-
-
-
withholding
10 990
15 023
-
-
total
25 757
35 209
-
-
Income
163 000
163 000
163 000
163 000
Total tax
76 247
80 849
76 740
72 742
After tax
86 753
82 151
86 260
90 258
Living cost
26 652
26 652
26 652
26 652
Free-cash
60 101
55 499
59 608
63 606

Estimated living cost  is ₽26652 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽43679
₽71635
₽55562
₽48450
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
-
-
-
163 000
pensions
-
-
-
9 127
income
-
-
-
56 071
health
-
-
-
9 606
total
-
-
-
74 804
Employee
66 524
66 524
148 523
-
health
10 211
8 685
9 606
-
pensions
11 974
9 127
9 127
-
income

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

10 889
10 889
25 521
-
total
33 074
28 701
44 254
-
Employer
66 524
66 524
148 523
-
health
4 624
4 624
5 746
-
pensions
4 630
4 630
5 755
-
unemployment
2 395
2 395
2 976
-
total
11 649
11 649
14 477
-
Corporate
85 643
84 827
-
-
income
17 129
16 965
-
-
total
17 129
16 965
-
-
Dividends
68 513
67 861
-
-
income
14 558
14 421
-
-
withholding
10 277
10 180
-
-
total
24 835
24 601
-
-
Income
163 000
163 000
163 000
163 000
Total tax
86 687
81 916
58 731
74 804
After tax
76 313
81 084
104 269
88 196
Living cost
32 634
32 634
32 634
32 634
Free-cash
43 679
48 450
71 635
55 562

Estimated living cost  is ₽32634 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽67190
₽77908
₽57940
₽58573
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.

-
-
-
163 000
trade
-
-
-
19 968
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.

-
-
-
53 245
health

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

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

-
-
-
5 322
surtax

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

-
-
-
2 929
total
-
-
-
81 464
Employee

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

29 796
-
163 000
-
health

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

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

5 322
-
5 322
-
income

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

832
-
53 245
-
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
-
2 929
-
total
6 200
-
61 496
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 204
163 000
-
-
income
19 981
24 450
-
-
trade
20 980
25 672
-
-
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.

1 098
1 345
-
-
chamber of commerce
309
352
-
-
total
42 368
51 819
-
-
Dividends
90 836
111 181
-
-
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.

1 233
1 512
-
-
withholding
22 413
27 500
-
-
total
23 646
29 012
-
-
Income
163 000
163 000
163 000
163 000
Total tax
72 214
80 831
61 496
81 464
After tax
90 786
82 169
101 504
81 536
Living cost
23 596
23 596
23 596
23 596
Free-cash
67 190
58 573
77 908
57 940

Estimated living cost  is ₽23596 per week

₽14842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽96551
₽90720
₽92083
₽100789
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
-
-
-
163 000
income
-
-
-
36 120
health
-
-
-
4 157
social contributions
-
-
-
12 604
total
-
-
-
52 881
Employee
59 902
59 902
153 456
-
health
464
1 019
2 609
-
income
6 522
5 545
35 385
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
44 700
-
Employer
59 902
59 902
153 456
-
health
504
1 109
2 838
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
9 544
-
Corporate
132 944
97 018
-
-
income
16 618
12 127
-
-
total
16 618
12 127
-
-
Dividends
116 326
84 891
-
-
withholding
19 775
14 431
-
-
total
19 775
14 431
-
-
Income
163 000
163 000
163 000
163 000
Total tax
48 413
44 175
54 244
52 881
After tax
114 587
118 825
108 756
110 119
Living cost
18 036
18 036
18 036
18 036
Free-cash
96 551
100 789
90 720
92 083

Estimated living cost  is ₽18036 per week

₽10809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽67496
₽48846
₽61204
₽68279
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.

-
-
-
163 000
income
-
-
-
20 718
social contributions

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

-
-
-
56 643
surtax
-
-
-
-
total
-
-
-
77 361
Employee
35 828
-
131 717
-
income
7 452
-
43 947
-
social contributions
3 941
-
14 489
-
surtax
-
-
-
-
total
11 393
-
58 436
-
Employer
35 828
-
131 717
-
social contributions
8 509
-
31 283
-
total
8 509
-
31 283
-
Corporate
118 662
163 000
-
-
income
24 918
34 230
-
-
surtax
-
-
-
-
total
24 918
34 230
-
-
Dividends
93 744
128 770
-
-
withholding
26 249
36 056
-
-
total
26 249
36 056
-
-
Income
163 000
163 000
163 000
163 000
Total tax
71 069
70 286
89 719
77 361
After tax
91 931
92 714
73 281
85 639
Living cost
24 435
24 435
24 435
24 435
Free-cash
67 496
68 279
48 846
61 204

Estimated living cost  is ₽24435 per week

₽18282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽148117
₽124730
₽155700
₽149180
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%.

-
-
-
163 000
microenterprise

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

-
-
-
1 630
total
-
-
-
1 630
Employee
7 087
-
163 000
-
income
1 417
-
32 600
-
total
1 417
-
32 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

155 913
163 000
-
-
total
-
-
-
-
Dividends
155 913
163 000
-
-
withholding
7 796
8 150
-
-
total
7 796
8 150
-
-
Income
163 000
163 000
163 000
163 000
Total tax
9 213
8 150
32 600
1 630
After tax
153 787
154 850
130 400
161 370
Living cost
5 670
5 670
5 670
5 670
Free-cash
148 117
149 180
124 730
155 700

Estimated living cost  is ₽5670 per week

₽3514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽156
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.
₽1529
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
₽84814
₽52536
₽56074
₽91329
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.

-
-
-
163 000
pensions
-
-
-
29 767
unemployment
-
-
-
244
income
-
-
-
39 982
health
-
-
-
16 038
total
-
-
-
86 031
Employee

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

34 448
-
141 041
-
health
2 225
-
9 111
-
unemployment
49
-
198
-
pensions
5 340
-
21 861
-
income
5 940
-
36 441
-
total
13 554
-
67 611
-
Employer

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

34 448
-
141 041
-
health
2 294
-
9 393
-
pensions
3 048
-
12 481
-
unemployment
21
-
84
-
total
5 363
-
21 958
-
Corporate
123 189
163 000
-
-
income
23 406
30 971
-
-
total
23 406
30 971
-
-
Dividends
99 783
132 029
-
-
withholding
14 968
19 805
-
-
total
14 968
19 805
-
-
Income
163 000
163 000
163 000
163 000
Total tax
57 291
50 776
89 569
86 031
After tax
105 709
112 224
73 431
76 969
Living cost
20 895
20 895
20 895
20 895
Free-cash
84 814
91 329
52 536
56 074

Estimated living cost  is ₽20895 per week

₽14340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽76278
₽86046
₽105303
₽73556
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.

-
-
-
163 000
income
-
-
-
24 450
health

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

-
-
-
4 969
total
-
-
-
29 419
Employee
35 736
-
159 417
-
social contributions
3 580
-
3 583
-
income
3 878
-
41 510
-
total
7 458
-
45 093
-
Employer
35 736
-
159 417
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
123 683
163 000
-
-
income
43 290
57 050
-
-
total
43 290
57 050
-
-
Dividends
80 394
105 950
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
163 000
163 000
163 000
163 000
Total tax
58 444
61 166
48 676
29 419
After tax
104 556
101 834
114 324
133 581
Living cost
28 278
28 278
28 278
28 278
Free-cash
76 278
73 556
86 046
105 303

Estimated living cost  is ₽28278 per week

₽18627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽83328
₽84042
₽88160
₽82927
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
-
-
-
163 000
income
-
-
-
24 450
health
-
-
-
11 377
social contributions
-
-
-
22 494
total
-
-
-
58 321
Employee
26 413
-
163 000
-
health
1 843
-
11 377
-
income
4 405
-
28 568
-
social contributions
3 646
-
22 494
-
total
9 894
-
62 439
-
Employer
26 413
-
163 000
-
total
-
-
-
-
Corporate
136 587
163 000
-
-
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%.

6 830
8 150
-
-
total
6 830
8 150
-
-
Dividends
129 757
154 850
-
-
social contributions
17 907
21 369
-
-
withholding
19 464
23 227
-
-
health
9 058
10 808
-
-
total
46 429
55 404
-
-
Income
163 000
163 000
163 000
163 000
Total tax
63 153
63 554
62 439
58 321
After tax
99 847
99 446
100 561
104 679
Living cost
16 519
16 519
16 519
16 519
Free-cash
83 328
82 927
84 042
88 160

Estimated living cost  is ₽16519 per week

₽11055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽82588
₽67219
₽74349
₽90380
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
-
-
-
163 000
income
-
-
-
17 323
health
-
-
-
22 005
social contributions
-
-
-
25 509
solidarity contribution
-
-
-
1 969
total
-
-
-
66 806
Employee
32 125
-
129 504
-
health
4 337
-
17 483
-
solidarity contribution
-
-
1 329
-
income
3 855
-
15 951
-
social contributions
2 088
-
5 678
-
total
10 280
-
40 441
-
Employer
32 125
-
129 504
-
health
2 891
-
11 655
-
social contributions
8 031
-
21 840
-
total
10 922
-
33 495
-
Corporate
119 953
163 000
-
-
income
22 791
30 970
-
-
total
22 791
30 970
-
-
Dividends
97 162
132 030
-
-
withholding
14 574
19 805
-
-
total
14 574
19 805
-
-
Income
163 000
163 000
163 000
163 000
Total tax
58 567
50 775
73 936
66 806
After tax
104 433
112 225
89 064
96 194
Living cost
21 845
21 845
21 845
21 845
Free-cash
82 588
90 380
67 219
74 349

Estimated living cost  is ₽21845 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
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.
₽4012
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
₽144358
₽121565
₽152535
₽146015
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%.

-
-
-
163 000
microenterprise

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

-
-
-
1 630
total
-
-
-
1 630
Employee
11 044
-
163 000
-
income
2 209
-
32 600
-
total
2 209
-
32 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

151 956
163 000
-
-
total
-
-
-
-
Dividends
151 956
163 000
-
-
withholding
7 598
8 150
-
-
total
7 598
8 150
-
-
Income
163 000
163 000
163 000
163 000
Total tax
9 807
8 150
32 600
1 630
After tax
153 193
154 850
130 400
161 370
Living cost
8 835
8 835
8 835
8 835
Free-cash
144 358
146 015
121 565
152 535

Estimated living cost  is ₽8835 per week

₽5979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽296
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.
₽2189
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
₽49879
₽48635
₽52633
₽44526
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
-
-
-
163 000
income
-
-
-
28 741
other
-
-
-
5 053
health
-
-
-
7 696
social contributions
-
-
-
4 645
pensions
-
-
-
26 607
surtax
-
-
-
-
total
-
-
-
72 742
Employee
48 791
-
124 867
-
pensions
5 519
-
9 217
-
income
4 257
-
25 832
-
social contributions
1 390
-
3 558
-
surtax
-
-
-
-
total
11 166
-
38 607
-
Employer
48 791
-
124 867
-
health
3 415
-
12 185
-
social contributions
146
-
374
-
pensions
8 017
-
15 419
-
unemployment
1 977
-
5 057
-
other
1 684
-
5 098
-
total
15 239
-
38 133
-
Corporate
98 971
163 000
-
-
income
27 713
45 640
-
-
surtax
-
-
-
-
total
27 713
45 640
-
-
Dividends
71 258
117 360
-
-
social contributions
12 257
20 186
-
-
surtax
-
-
-
-
withholding
9 121
15 023
-
-
total
21 378
35 209
-
-
Income
163 000
163 000
163 000
163 000
Total tax
75 496
80 849
76 740
72 742
After tax
87 504
82 151
86 260
90 258
Living cost
37 625
37 625
37 625
37 625
Free-cash
49 879
44 526
48 635
52 633

Estimated living cost  is ₽37625 per week

₽25464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽100521
₽90380
₽90380
₽104341
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.

-
-
-
163 000
pensions
-
-
-
14 917
unemployment
-
-
-
861
income
-
-
-
37 507
health
-
-
-
5 909
total
-
-
-
59 194
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.

20 245
-
152 730
-
health
1 043
-
2 955
-
unemployment
152
-
430
-
pensions
2 834
-
8 032
-
income
2 791
-
37 507
-
total
6 820
-
48 924
-
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.

20 245
-
152 730
-
health
1 043
-
2 955
-
pensions
2 429
-
6 885
-
unemployment
152
-
430
-
total
3 624
-
10 270
-
Corporate
139 131
163 000
-
-
income
20 870
24 450
-
-
total
20 870
24 450
-
-
Dividends
118 261
138 550
-
-
withholding
17 739
20 783
-
-
total
17 739
20 783
-
-
Income
163 000
163 000
163 000
163 000
Total tax
49 053
45 233
59 194
59 194
After tax
113 947
117 767
103 806
103 806
Living cost
13 426
13 426
13 426
13 426
Free-cash
100 521
104 341
90 380
90 380

Estimated living cost  is ₽13426 per week

₽9040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2959
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
₽43925
₽69771
₽75428
₽21035
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
-
-
-
163 000
pensions
-
-
-
14 996
city
-
-
-
1 718
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.

-
-
-
3 259
health
-
-
-
367
regional
-
-
-
9 278
national
-
-
-
4 453
total
-
-
-
34 071
Employee
62 610
-
146 853
-
health
142
-
330
-
unemployment
-
-
-
-
city
672
-
1 590
-
pensions
5 260
-
11 265
-
regional
2 050
-
8 312
-
national
296
-
3 700
-
total
8 420
-
25 197
-
Employer
62 610
-
146 853
-
health
142
-
330
-
pensions
5 260
-
11 265
-
unemployment
-
-
-
-
other

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

1 252
-
2 936
-
total
6 654
-
14 531
-
Corporate
93 048
163 000
-
-
regional
19 680
34 474
-
-
national
7 909
13 855
-
-
total
27 589
48 329
-
-
Dividends
65 458
114 671
-
-
withholding
22 911
40 135
-
-
total
22 911
40 135
-
-
Income
163 000
163 000
163 000
163 000
Total tax
65 574
88 464
39 728
34 071
After tax
97 426
74 536
123 272
128 929
Living cost
53 501
53 501
53 501
53 501
Free-cash
43 925
21 035
69 771
75 428

Estimated living cost  is ₽53501 per week

₽34791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13252
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
₽73037
₽52811
₽71480
₽70630
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

-
-
-
163 000
municipal
-
-
-
28 947
health
-
-
-
2 185
national
-
-
-
30 480
total
-
-
-
61 612
Employee
40 985
-
137 125
-
health
306
-
1 787
-
unemployment
615
-
2 056
-
pensions
2 766
-
9 256
-
national
677
-
18 983
-
municipal
6 713
-
22 324
-
total
11 077
-
54 406
-
Employer
40 985
-
137 125
-
health
315
-
1 056
-
pensions
7 111
-
23 791
-
accident
41
-
137
-
unemployment
266
-
891
-
total
7 733
-
25 875
-
Corporate
114 282
163 000
-
-
income
22 856
32 600
-
-
total
22 856
32 600
-
-
Dividends

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

68 569
97 800
-
-
municipal
12 342
17 604
-
-
national
6 047
12 258
-
-
total
18 389
29 862
-
-
Income
163 000
163 000
163 000
163 000
Total tax
60 055
62 462
80 281
61 612
After tax
102 945
100 538
82 719
101 388
Living cost
29 908
29 908
29 908
29 908
Free-cash
73 037
70 630
52 811
71 480

Estimated living cost  is ₽29908 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7021
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
₽51021
₽27548
₽42431
₽61728
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
-
-
-
163 000
communal

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

-
-
-
8 614
social contributions
-
-
-
19 422
national
-
-
-
64 129
total
-
-
-
92 165
Employee

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

55 723
-
126 249
-
health

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

2 618
-
5 934
-
communal

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

2 906
-
6 584
-
unemployment

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

485
-
1 098
-
pensions

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

4 179
-
9 469
-
national
17 131
-
47 214
-
total
27 319
-
70 299
-
Employer

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

55 723
-
126 249
-
health

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

3 427
-
7 764
-
pensions

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

4 938
-
11 185
-
surtax
6 318
-
14 316
-
accident

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

724
-
1 641
-
unemployment

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

813
-
1 843
-
total
16 220
-
36 749
-
Corporate
91 057
163 000
-
-
income
18 211
33 966
-
-
surtax
364
680
-
-
total
18 575
34 646
-
-
Dividends
72 482
128 354
-
-
withholding

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

21 461
38 222
-
-
total
21 461
38 222
-
-
Income
163 000
163 000
163 000
163 000
Total tax
83 575
72 868
107 048
92 165
After tax
79 425
90 132
55 952
70 835
Living cost
28 404
28 404
28 404
28 404
Free-cash
51 021
61 728
27 548
42 431

Estimated living cost  is ₽28404 per week

₽18296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽54646
₽48382
₽49196
₽55401
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
-
-
-
163 000
unemployment
-
-
-
74
municipal
-
-
-
42 246
other
-
-
-
8 556
health
-
-
-
4 595
national
-
-
-
16 629
accident
-
-
-
147
pensions
-
-
-
7 960
total
-
-
-
80 207
Employee
47 873
-
139 864
-
national
-
-
16 178
-
municipal
14 276
-
41 708
-
total
14 276
-
57 886
-
Employer
47 873
-
139 864
-
health
2 944
-
4 528
-
pensions
5 175
-
7 960
-
accident
96
-
147
-
unemployment
1 264
-
1 944
-
other
5 563
-
8 556
-
total
15 042
-
23 135
-
Corporate
100 085
163 000
-
-
income
22 019
35 860
-
-
total
22 019
35 860
-
-
Dividends
78 067
127 140
-
-
withholding
23 420
38 142
-
-
total
23 420
38 142
-
-
Income
163 000
163 000
163 000
163 000
Total tax
74 757
74 002
81 021
80 207
After tax
88 243
88 998
81 979
82 793
Living cost
33 597
33 597
33 597
33 597
Free-cash
54 646
55 401
48 382
49 196

Estimated living cost  is ₽33597 per week

₽22267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7523
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
₽21248
₽114637
₽75583
₽62106
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
-
-
-
163 000
income
-
-
-
31 772
social contributions
-
-
-
18 582
total
-
-
-
50 354
Employee
53 143
-
-
-
income
11 722
-
-
-
social contributions
4 358
-
621
-
total
16 080
-
621
-
Employer
53 143
-
-
-
social contributions
74 932
-
10 679
-
total
74 932
-
10 679
-
Corporate
34 925
163 000
-
-
income
7 684
35 860
-
-
total
7 684
35 860
-
-
Dividends
27 242
127 140
-
-
income
5 993
27 971
-
-
total
5 993
27 971
-
-
Income
163 000
163 000
163 000
163 000
Total tax
104 689
63 831
11 300
50 354
After tax
58 311
99 169
151 700
112 646
Living cost
37 063
37 063
37 063
37 063
Free-cash
21 248
62 106
114 637
75 583

Estimated living cost  is ₽37063 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9057
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
₽90328
₽83489
₽84852
₽93558
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
-
-
-
163 000
income
-
-
-
36 120
health
-
-
-
4 157
social contributions
-
-
-
12 604
total
-
-
-
52 881
Employee
59 902
59 902
153 456
-
health
596
1 019
2 609
-
income
6 290
5 545
35 385
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
44 700
-
Employer
59 902
59 902
153 456
-
health
649
1 109
2 838
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
9 544
-
Corporate
124 376
97 018
-
-
income
15 547
12 127
-
-
total
15 547
12 127
-
-
Dividends
108 829
84 891
-
-
withholding
18 501
14 431
-
-
total
18 501
14 431
-
-
Income
163 000
163 000
163 000
163 000
Total tax
47 405
44 175
54 244
52 881
After tax
115 595
118 825
108 756
110 119
Living cost
25 267
25 267
25 267
25 267
Free-cash
90 328
93 558
83 489
84 852

Estimated living cost  is ₽25267 per week

₽17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽79910
₽63245
₽77832
₽75450
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
-
-
-
163 000
income
-
-
-
49 806
pensions
-
-
-
7 384
total
-
-
-
57 190
Employee
38 403
-
142 109
-
health
501
-
1 943
-
pensions
2 931
-
8 860
-
income
6 994
-
40 082
-
total
10 426
-
50 885
-
Employer
38 403
-
142 109
-
health
730
-
2 701
-
pensions
3 880
-
18 191
-
total
4 610
-
20 892
-
Corporate
119 987
163 000
-
-
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.

22 797
30 970
-
-
total
22 797
30 970
-
-
Dividends
97 190
132 030
-
-
withholding
17 279
28 602
-
-
total
17 279
28 602
-
-
Income
163 000
163 000
163 000
163 000
Total tax
55 112
59 572
71 777
57 190
After tax
107 888
103 428
91 223
105 810
Living cost
27 978
27 978
27 978
27 978
Free-cash
79 910
75 450
63 245
77 832

Estimated living cost  is ₽27978 per week

₽19193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽5861
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
₽51280
₽38364
₽44765
₽54823
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
-
-
-
163 000
municipal
-
-
-
1 116
regional
-
-
-
3 869
social contributions
-
-
-
38 989
national
-
-
-
43 227
total
-
-
-
87 201
Employee
65 644
-
163 000
-
social contributions
22 135
-
51 116
-
regional
991
-
3 466
-
national
11 093
-
38 013
-
municipal
392
-
1 007
-
total
34 611
-
93 602
-
Employer
65 644
-
163 000
-
total
-
-
-
-
Corporate
97 356
163 000
-
-
nationa
23 365
39 121
-
-
municipal
4 692
7 857
-
-
total
28 057
46 978
-
-
Dividends
69 299
116 022
-
-
withholding
18 018
30 165
-
-
total
18 018
30 165
-
-
Income
163 000
163 000
163 000
163 000
Total tax
80 686
77 143
93 602
87 201
After tax
82 314
85 857
69 398
75 799
Living cost
31 034
31 034
31 034
31 034
Free-cash
51 280
54 823
38 364
44 765

Estimated living cost  is ₽31034 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽10622
₽72713
₽94506
-₽3618
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
-
-
-
163 000
pensions
-
-
-
3 181
income
-
-
-
46 349
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
51 673
Employee
26 460
-
148 460
-
health
3 030
-
16 998
-
pensions
2 979
-
5 833
-
income
3 630
-
36 095
-
total
9 639
-
58 926
-
Employer
26 460
-
148 460
-
pensions
4 303
-
8 424
-
accident
442
-
2 479
-
unemployment
648
-
3 637
-
total
5 393
-
14 540
-
Corporate
131 147
163 000
-
-
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.

118 033
146 700
-
-
total
118 033
146 700
-
-
Dividends
13 115
16 300
-
-
withholding
2 492
3 097
-
-
total
2 492
3 097
-
-
Income
163 000
163 000
163 000
163 000
Total tax
135 557
149 797
73 466
51 673
After tax
27 443
13 203
89 534
111 327
Living cost
16 821
16 821
16 821
16 821
Free-cash
10 622
-3 618
72 713
94 506

Estimated living cost  is ₽16821 per week

₽12328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3210
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
₽63963
₽71429
₽53235
₽53770
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.

-
-
-
163 000
trade
-
-
-
18 194
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.

-
-
-
53 245
health

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

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

-
-
-
5 322
surtax

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

-
-
-
2 929
total
-
-
-
79 690
Employee

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

38 761
-
163 000
-
health

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

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

5 322
-
5 322
-
income

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

3 187
-
53 245
-
surtax

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

176
-
2 929
-
total
8 685
-
61 496
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 239
163 000
-
-
income
18 636
24 450
-
-
trade
17 828
23 390
-
-
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.

1 024
1 345
-
-
chamber of commerce
300
358
-
-
total
37 788
49 543
-
-
Dividends
86 451
113 457
-
-
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.

1 172
1 543
-
-
withholding
21 317
28 069
-
-
total
22 489
29 612
-
-
Income
163 000
163 000
163 000
163 000
Total tax
68 962
79 155
61 496
79 690
After tax
94 038
83 845
101 504
83 310
Living cost
30 075
30 075
30 075
30 075
Free-cash
63 963
53 770
71 429
53 235

Estimated living cost  is ₽30075 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽107803
₽54018
₽42258
₽114193
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.

-
-
-
163 000
income
-
-
-
33 124
microenterprise
-
-
-
-
social contributions

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

-
-
-
29 847
surtax
-
-
-
41 564
total
-
-
-
104 535
Employee
22 763
-
126 697
-
income
4 052
-
27 891
-
social contributions

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

2 504
-
10 212
-
surtax
-
-
18 371
-
total
6 556
-
56 474
-
Employer
22 763
-
126 697
-
social contributions

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

5 483
-
22 365
-
surtax
-
-
13 936
-
total
5 483
-
36 301
-
Corporate
134 754
163 000
-
-
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%.

26 951
32 600
-
-
total
26 951
32 600
-
-
Dividends

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

107 803
130 400
-
-
total
-
-
-
-
Income
163 000
163 000
163 000
163 000
Total tax
38 990
32 600
92 775
104 535
After tax
124 010
130 400
70 225
58 465
Living cost
16 207
16 207
16 207
16 207
Free-cash
107 803
114 193
54 018
42 258

Estimated living cost  is ₽16207 per week

₽10339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽90256
₽89634
₽90334
₽91873
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
-
-
-
163 000
income
-
-
-
50 448
health
-
-
-
5 203
pensions
-
-
-
7 176
total
-
-
-
62 827
Employee
14 985
-
154 927
-
health
749
-
1 794
-
unemployment
150
-
359
-
pensions
1 349
-
3 229
-
income
2 899
-
50 071
-
total
5 147
-
55 453
-
Employer
14 985
-
154 927
-
health
1 424
-
3 409
-
pensions
1 648
-
3 947
-
unemployment
300
-
718
-
total
3 372
-
8 074
-
Corporate
144 643
163 000
-
-
income
31 822
35 860
-
-
total
31 822
35 860
-
-
Dividends
112 822
127 140
-
-
withholding
22 564
25 428
-
-
total
22 564
25 428
-
-
Income
163 000
163 000
163 000
163 000
Total tax
62 905
61 288
63 527
62 827
After tax
100 095
101 712
99 473
100 173
Living cost
9 839
9 839
9 839
9 839
Free-cash
90 256
91 873
89 634
90 334

Estimated living cost  is ₽9839 per week

₽5847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
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.
₽2969
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
₽82554
₽54533
₽59297
₽85030
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
-
-
-
163 000
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
49 652
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
8 202
total
-
-
-
86 206
Employee
26 234
-
141 115
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
44 993
-
other
-
-
-
-
surtax
93
-
7 270
-
total
8 737
-
69 085
-
Employer
26 234
-
141 115
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
131 243
163 000
-
-
income
34 122
42 380
-
-
total
34 122
42 380
-
-
Dividends
97 120
120 620
-
-
withholding
14 567
18 093
-
-
total
14 567
18 093
-
-
Income
163 000
163 000
163 000
163 000
Total tax
62 949
60 473
90 970
86 206
After tax
100 051
102 527
72 030
76 794
Living cost
17 497
17 497
17 497
17 497
Free-cash
82 554
85 030
54 533
59 297

Estimated living cost  is ₽17497 per week

₽10564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽64785
₽18049
₽59004
₽65174
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
-
-
-
163 000
pensions
-
-
-
16 837
chamber of commerce
-