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
₽ 163500
per

Your estimated
City
free-cash

Valencia , Spain
₽83665
₽66631
₽69921
₽87126
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
-
-
-
163 500
unemployment
-
-
-
509
income
-
-
-
50 236
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
72 028
Employee
28 978
-
140 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
47 546
-
other
28
-
73
-
total
7 426
-
52 160
-
Employer
28 978
-
140 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
125 283
163 500
-
-
income

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

18 793
24 524
-
-
total
18 793
24 524
-
-
Dividends
106 490
138 976
-
-
withholding
22 827
30 299
-
-
total
22 827
30 299
-
-
Income
163 500
163 500
163 500
163 500
Total tax
58 284
54 823
75 318
72 028
After tax
105 216
108 677
88 182
91 472
Living cost
21 551
21 551
21 551
21 551
Free-cash
83 665
87 126
66 631
69 921

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
₽93947
₽74048
₽75429
₽99240
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
-
-
-
163 500
pensions

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

-
-
-
28 602
income
-
-
-
27 682
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
67 188
Employee
28 456
-
133 355
-
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
-
27 222
-
total
7 573
-
38 424
-
Employer
28 456
-
133 355
-
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
-
1 066
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 145
-
Corporate
127 873
163 500
-
-
income
26 853
34 336
-
-
total
26 853
34 336
-
-
Dividends
101 020
129 164
-
-
withholding
7 072
9 041
-
-
total
7 072
9 041
-
-
Income
163 500
163 500
163 500
163 500
Total tax
48 670
43 377
68 569
67 188
After tax
114 830
120 123
94 931
96 312
Living cost
20 883
20 883
20 883
20 883
Free-cash
93 947
99 240
74 048
75 429

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽125882
₽128086
₽121398
₽129522
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
-
-
-
163 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
24 525
health
-
-
-
3 147
total
-
-
-
31 831
Employee
13 600
-
158 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
15 813
-
total
3 330
-
19 776
-
Employer
13 600
-
158 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
147 232
163 500
-
-
income
14 723
16 350
-
-
total
14 723
16 350
-
-
Dividends
132 509
147 150
-
-
withholding
6 625
7 357
-
-
total
6 625
7 357
-
-
Income
163 500
163 500
163 500
163 500
Total tax
27 347
23 707
25 144
31 831
After tax
136 153
139 793
138 356
131 669
Living cost
10 270
10 270
10 270
10 270
Free-cash
125 882
129 522
128 086
121 398

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
₽60223
₽59790
₽63768
₽55589
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
-
-
-
163 500
income
-
-
-
28 759
other
-
-
-
5 068
health
-
-
-
7 707
social contributions
-
-
-
4 658
pensions
-
-
-
26 727
surtax
-
-
-
-
total
-
-
-
72 919
Employee
33 541
-
125 274
-
pensions
3 792
-
9 236
-
income
1 980
-
25 865
-
social contributions
956
-
3 569
-
surtax
-
-
-
-
total
6 728
-
38 670
-
Employer
33 541
-
125 274
-
health
2 348
-
12 213
-
social contributions
101
-
376
-
pensions
5 510
-
15 454
-
unemployment
1 358
-
5 073
-
other
1 157
-
5 111
-
total
10 474
-
38 227
-
Corporate
119 484
163 500
-
-
income
33 455
45 780
-
-
surtax
-
-
-
-
total
33 455
45 780
-
-
Dividends
86 029
117 720
-
-
social contributions
14 796
20 249
-
-
surtax
-
-
-
-
withholding
11 011
15 069
-
-
total
25 807
35 318
-
-
Income
163 500
163 500
163 500
163 500
Total tax
76 464
81 098
76 897
72 919
After tax
87 036
82 402
86 603
90 581
Living cost
26 813
26 813
26 813
26 813
Free-cash
60 223
55 589
59 790
63 768

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
₽43695
₽71758
₽55663
₽48497
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
-
-
-
163 500
pensions
-
-
-
9 182
income
-
-
-
56 160
health
-
-
-
9 664
total
-
-
-
75 006
Employee
66 925
66 925
148 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
25 500
-
total
33 274
28 874
44 346
-
Employer
66 925
66 925
148 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
85 676
84 855
-
-
income
17 136
16 971
-
-
total
17 136
16 971
-
-
Dividends
68 540
67 885
-
-
income
14 564
14 425
-
-
withholding
10 281
10 183
-
-
total
24 845
24 608
-
-
Income
163 500
163 500
163 500
163 500
Total tax
86 974
82 172
58 911
75 006
After tax
76 526
81 328
104 589
88 494
Living cost
32 831
32 831
32 831
32 831
Free-cash
43 695
48 497
71 758
55 663

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
₽67352
₽78112
₽58100
₽58685
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.

-
-
-
163 500
trade
-
-
-
20 012
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.

-
-
-
53 362
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.

-
-
-
2 934
total
-
-
-
81 662
Employee

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

29 975
-
163 500
-
health

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

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

5 354
-
5 354
-
income

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

837
-
53 362
-
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
-
2 934
-
total
6 237
-
61 650
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 525
163 500
-
-
income
20 029
24 524
-
-
trade
21 029
25 751
-
-
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.

1 102
1 349
-
-
chamber of commerce
311
354
-
-
total
42 471
51 978
-
-
Dividends
91 054
111 521
-
-
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.

1 236
1 517
-
-
withholding
22 466
27 582
-
-
total
23 702
29 099
-
-
Income
163 500
163 500
163 500
163 500
Total tax
72 410
81 077
61 650
81 662
After tax
91 090
82 423
101 850
81 838
Living cost
23 738
23 738
23 738
23 738
Free-cash
67 352
58 685
78 112
58 100

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
₽96782
₽90964
₽92334
₽101045
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
-
-
-
163 500
income
-
-
-
36 172
health
-
-
-
4 169
social contributions
-
-
-
12 680
total
-
-
-
53 021
Employee
60 263
60 263
153 907
-
health
467
1 025
2 616
-
income
6 562
5 579
35 436
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
44 798
-
Employer
60 263
60 263
153 907
-
health
507
1 115
2 847
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 593
-
Corporate
133 262
97 120
-
-
income
16 658
12 140
-
-
total
16 658
12 140
-
-
Dividends
116 604
84 980
-
-
withholding
19 823
14 447
-
-
total
19 823
14 447
-
-
Income
163 500
163 500
163 500
163 500
Total tax
48 573
44 310
54 391
53 021
After tax
114 927
119 190
109 109
110 479
Living cost
18 145
18 145
18 145
18 145
Free-cash
96 782
101 045
90 964
92 334

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
₽67628
₽48951
₽61346
₽68416
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.

-
-
-
163 500
income
-
-
-
20 755
social contributions

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

-
-
-
56 817
surtax
-
-
-
-
total
-
-
-
77 572
Employee
36 044
-
132 121
-
income
7 497
-
44 055
-
social contributions
3 965
-
14 533
-
surtax
-
-
-
-
total
11 462
-
58 588
-
Employer
36 044
-
132 121
-
social contributions
8 560
-
31 379
-
total
8 560
-
31 379
-
Corporate
118 895
163 500
-
-
income
24 968
34 336
-
-
surtax
-
-
-
-
total
24 968
34 336
-
-
Dividends
93 928
129 164
-
-
withholding
26 300
36 166
-
-
total
26 300
36 166
-
-
Income
163 500
163 500
163 500
163 500
Total tax
71 290
70 502
89 967
77 572
After tax
92 210
92 998
73 533
85 928
Living cost
24 582
24 582
24 582
24 582
Free-cash
67 628
68 416
48 951
61 346

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
₽148113
₽124726
₽155791
₽149251
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%.

-
-
-
163 500
microenterprise

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

-
-
-
1 635
total
-
-
-
1 635
Employee
7 592
-
163 500
-
income
1 518
-
32 700
-
total
1 518
-
32 700
-
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%.

155 908
163 500
-
-
total
-
-
-
-
Dividends
155 908
163 500
-
-
withholding
7 795
8 175
-
-
total
7 795
8 175
-
-
Income
163 500
163 500
163 500
163 500
Total tax
9 313
8 175
32 700
1 635
After tax
154 187
155 325
130 800
161 865
Living cost
6 074
6 074
6 074
6 074
Free-cash
148 113
149 251
124 726
155 791

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
₽84994
₽52687
₽56239
₽91549
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.

-
-
-
163 500
pensions
-
-
-
29 859
unemployment
-
-
-
245
income
-
-
-
40 047
health
-
-
-
16 089
total
-
-
-
86 240
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
-
141 473
-
health
2 238
-
9 139
-
unemployment
49
-
198
-
pensions
5 372
-
21 928
-
income
5 976
-
36 499
-
total
13 635
-
67 764
-
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
-
141 473
-
health
2 308
-
9 422
-
pensions
3 067
-
12 521
-
unemployment
21
-
85
-
total
5 396
-
22 028
-
Corporate
123 449
163 500
-
-
income
23 455
31 065
-
-
total
23 455
31 065
-
-
Dividends
99 994
132 435
-
-
withholding
14 999
19 865
-
-
total
14 999
19 865
-
-
Income
163 500
163 500
163 500
163 500
Total tax
57 485
50 930
89 792
86 240
After tax
106 015
112 570
73 708
77 260
Living cost
21 021
21 021
21 021
21 021
Free-cash
84 994
91 549
52 687
56 239

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
₽76425
₽86249
₽105572
₽73685
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.

-
-
-
163 500
income
-
-
-
24 524
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
-
-
-
29 479
Employee
35 952
-
159 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
41 592
-
total
7 503
-
45 197
-
Employer
35 952
-
159 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
123 946
163 500
-
-
income
43 381
57 226
-
-
total
43 381
57 226
-
-
Dividends
80 565
106 274
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
163 500
163 500
163 500
163 500
Total tax
58 626
61 366
48 802
29 479
After tax
104 874
102 134
114 698
134 021
Living cost
28 449
28 449
28 449
28 449
Free-cash
76 425
73 685
86 249
105 572

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
₽83538
₽84262
₽88382
₽83131
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
-
-
-
163 500
income
-
-
-
24 524
health
-
-
-
11 413
social contributions
-
-
-
22 563
total
-
-
-
58 500
Employee
26 572
-
163 500
-
health
1 855
-
11 413
-
income
4 432
-
28 644
-
social contributions
3 668
-
22 563
-
total
9 955
-
62 620
-
Employer
26 572
-
163 500
-
total
-
-
-
-
Corporate
136 928
163 500
-
-
income

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

6 846
8 175
-
-
total
6 846
8 175
-
-
Dividends
130 082
155 325
-
-
social contributions
17 951
21 435
-
-
withholding
19 512
23 299
-
-
health
9 080
10 842
-
-
total
46 543
55 576
-
-
Income
163 500
163 500
163 500
163 500
Total tax
63 344
63 751
62 620
58 500
After tax
100 156
99 749
100 880
105 000
Living cost
16 618
16 618
16 618
16 618
Free-cash
83 538
83 131
84 262
88 382

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
₽82808
₽67386
₽74535
₽90633
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
-
-
-
163 500
income
-
-
-
17 372
health
-
-
-
22 073
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
1 966
total
-
-
-
67 028
Employee
32 261
-
129 879
-
health
4 355
-
17 534
-
solidarity contribution
-
-
1 324
-
income
3 871
-
15 996
-
social contributions
2 097
-
5 702
-
total
10 323
-
40 556
-
Employer
32 261
-
129 879
-
health
2 903
-
11 689
-
social contributions
8 065
-
21 932
-
total
10 968
-
33 621
-
Corporate
120 271
163 500
-
-
income
22 851
31 065
-
-
total
22 851
31 065
-
-
Dividends
97 419
132 435
-
-
withholding
14 613
19 865
-
-
total
14 613
19 865
-
-
Income
163 500
163 500
163 500
163 500
Total tax
58 755
50 930
74 177
67 028
After tax
104 745
112 570
89 323
96 472
Living cost
21 937
21 937
21 937
21 937
Free-cash
82 808
90 633
67 386
74 535

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
₽144086
₽121335
₽152400
₽145860
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%.

-
-
-
163 500
microenterprise

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

-
-
-
1 635
total
-
-
-
1 635
Employee
11 832
-
163 500
-
income
2 366
-
32 700
-
total
2 366
-
32 700
-
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%.

151 668
163 500
-
-
total
-
-
-
-
Dividends
151 668
163 500
-
-
withholding
7 583
8 175
-
-
total
7 583
8 175
-
-
Income
163 500
163 500
163 500
163 500
Total tax
9 949
8 175
32 700
1 635
After tax
153 551
155 325
130 800
161 865
Living cost
9 465
9 465
9 465
9 465
Free-cash
144 086
145 860
121 335
152 400

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
₽49939
₽48751
₽52729
₽44550
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
-
-
-
163 500
income
-
-
-
28 759
other
-
-
-
5 068
health
-
-
-
7 707
social contributions
-
-
-
4 658
pensions
-
-
-
26 727
surtax
-
-
-
-
total
-
-
-
72 919
Employee
49 085
-
125 274
-
pensions
5 552
-
9 236
-
income
4 283
-
25 865
-
social contributions
1 398
-
3 569
-
surtax
-
-
-
-
total
11 233
-
38 670
-
Employer
49 085
-
125 274
-
health
3 435
-
12 213
-
social contributions
147
-
376
-
pensions
8 065
-
15 454
-
unemployment
1 988
-
5 073
-
other
1 694
-
5 111
-
total
15 329
-
38 227
-
Corporate
99 085
163 500
-
-
income
27 744
45 780
-
-
surtax
-
-
-
-
total
27 744
45 780
-
-
Dividends
71 340
117 720
-
-
social contributions
12 271
20 249
-
-
surtax
-
-
-
-
withholding
9 132
15 069
-
-
total
21 403
35 318
-
-
Income
163 500
163 500
163 500
163 500
Total tax
75 709
81 098
76 897
72 919
After tax
87 791
82 402
86 603
90 581
Living cost
37 852
37 852
37 852
37 852
Free-cash
49 939
44 550
48 751
52 729

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
₽100772
₽90550
₽90550
₽104617
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.

-
-
-
163 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
37 611
health
-
-
-
5 948
total
-
-
-
59 438
Employee

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

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

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

20 376
-
153 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
37 611
-
total
6 864
-
49 102
-
Employer

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

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

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

20 376
-
153 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
139 477
163 500
-
-
income
20 922
24 525
-
-
total
20 922
24 525
-
-
Dividends
118 556
138 975
-
-
withholding
17 783
20 846
-
-
total
17 783
20 846
-
-
Income
163 500
163 500
163 500
163 500
Total tax
49 216
45 371
59 438
59 438
After tax
114 284
118 129
104 062
104 062
Living cost
13 512
13 512
13 512
13 512
Free-cash
100 772
104 617
90 550
90 550

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽44276
₽70342
₽75946
₽21476
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
-
-
-
163 500
pensions
-
-
-
15 041
city
-
-
-
1 723
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.

-
-
-
3 270
health
-
-
-
368
regional
-
-
-
9 337
national
-
-
-
4 526
total
-
-
-
34 265
Employee
62 361
-
147 329
-
health
141
-
331
-
unemployment
-
-
-
-
city
669
-
1 596
-
pensions
5 239
-
11 272
-
regional
2 042
-
8 369
-
national
295
-
3 751
-
total
8 386
-
25 319
-
Employer
62 361
-
147 329
-
health
141
-
331
-
pensions
5 239
-
11 272
-
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
-
2 947
-
total
6 627
-
14 550
-
Corporate
93 826
163 500
-
-
regional
19 844
34 580
-
-
national
7 975
13 897
-
-
total
27 819
48 477
-
-
Dividends
66 007
115 022
-
-
withholding
23 103
40 258
-
-
total
23 103
40 258
-
-
Income
163 500
163 500
163 500
163 500
Total tax
65 935
88 735
39 869
34 265
After tax
97 565
74 765
123 631
129 235
Living cost
53 289
53 289
53 289
53 289
Free-cash
44 276
21 476
70 342
75 946

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
₽73202
₽52940
₽71670
₽70782
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

-
-
-
163 500
municipal
-
-
-
29 035
health
-
-
-
2 191
national
-
-
-
30 515
total
-
-
-
61 741
Employee
41 232
-
137 546
-
health
308
-
1 791
-
unemployment
619
-
2 063
-
pensions
2 783
-
9 285
-
national
681
-
18 985
-
municipal
6 754
-
22 393
-
total
11 145
-
54 517
-
Employer
41 232
-
137 546
-
health
317
-
1 059
-
pensions
7 154
-
23 864
-
accident
42
-
137
-
unemployment
268
-
894
-
total
7 781
-
25 954
-
Corporate
114 488
163 500
-
-
income
22 897
32 700
-
-
total
22 897
32 700
-
-
Dividends

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

68 693
98 100
-
-
municipal
12 365
17 658
-
-
national
6 021
12 271
-
-
total
18 386
29 929
-
-
Income
163 500
163 500
163 500
163 500
Total tax
60 209
62 629
80 471
61 741
After tax
103 291
100 871
83 029
101 759
Living cost
30 089
30 089
30 089
30 089
Free-cash
73 202
70 782
52 940
71 670

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
₽51060
₽27568
₽42473
₽61864
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
-
-
-
163 500
communal

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

-
-
-
8 638
social contributions
-
-
-
19 539
national
-
-
-
64 275
total
-
-
-
92 452
Employee

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

56 059
-
126 638
-
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
-
5 952
-
communal

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

2 924
-
6 605
-
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
-
1 102
-
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
-
9 497
-
national
17 235
-
47 337
-
total
27 485
-
70 493
-
Employer

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

56 059
-
126 638
-
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
-
7 789
-
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
-
11 220
-
surtax
6 356
-
14 361
-
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
-
1 645
-
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
-
1 849
-
total
16 317
-
36 864
-
Corporate
91 123
163 500
-
-
income
18 225
34 029
-
-
surtax
364
681
-
-
total
18 589
34 710
-
-
Dividends
72 534
128 790
-
-
withholding

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

21 474
38 351
-
-
total
21 474
38 351
-
-
Income
163 500
163 500
163 500
163 500
Total tax
83 865
73 061
107 357
92 452
After tax
79 635
90 439
56 143
71 048
Living cost
28 575
28 575
28 575
28 575
Free-cash
51 060
61 864
27 568
42 473

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
₽54494
₽48296
₽49121
₽55259
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
-
-
-
163 500
unemployment
-
-
-
75
municipal
-
-
-
42 316
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
16 456
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
80 367
Employee
48 465
-
140 078
-
national
-
-
16 000
-
municipal
14 452
-
41 771
-
total
14 452
-
57 771
-
Employer
48 465
-
140 078
-
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
99 808
163 500
-
-
income
21 958
35 970
-
-
total
21 958
35 970
-
-
Dividends
77 850
127 530
-
-
withholding
23 355
38 259
-
-
total
23 355
38 259
-
-
Income
163 500
163 500
163 500
163 500
Total tax
74 993
74 229
81 192
80 367
After tax
88 507
89 271
82 308
83 133
Living cost
34 012
34 012
34 012
34 012
Free-cash
54 494
55 259
48 296
49 121

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
₽19841
₽114074
₽75115
₽61596
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
-
-
-
163 500
income
-
-
-
31 869
social contributions
-
-
-
18 639
total
-
-
-
50 508
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
32 612
163 500
-
-
income
7 175
35 970
-
-
total
7 175
35 970
-
-
Dividends
25 438
127 530
-
-
income
5 596
28 057
-
-
total
5 596
28 057
-
-
Income
163 500
163 500
163 500
163 500
Total tax
105 782
64 027
11 549
50 508
After tax
57 718
99 473
151 951
112 992
Living cost
37 877
37 877
37 877
37 877
Free-cash
19 841
61 596
114 074
75 115

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
₽90524
₽83690
₽85060
₽93771
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
-
-
-
163 500
income
-
-
-
36 172
health
-
-
-
4 169
social contributions
-
-
-
12 680
total
-
-
-
53 021
Employee
60 263
60 263
153 907
-
health
599
1 025
2 616
-
income
6 328
5 579
35 436
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
44 798
-
Employer
60 263
60 263
153 907
-
health
653
1 115
2 847
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 593
-
Corporate
124 643
97 120
-
-
income
15 580
12 140
-
-
total
15 580
12 140
-
-
Dividends
109 063
84 980
-
-
withholding
18 541
14 447
-
-
total
18 541
14 447
-
-
Income
163 500
163 500
163 500
163 500
Total tax
47 557
44 310
54 391
53 021
After tax
115 943
119 190
109 109
110 479
Living cost
25 419
25 419
25 419
25 419
Free-cash
90 524
93 771
83 690
85 060

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
₽80130
₽63393
₽78026
₽75645
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
-
-
-
163 500
income
-
-
-
49 921
pensions
-
-
-
7 417
total
-
-
-
57 338
Employee
38 621
-
142 547
-
health
504
-
1 950
-
pensions
2 948
-
8 902
-
income
7 033
-
40 167
-
total
10 485
-
51 019
-
Employer
38 621
-
142 547
-
health
734
-
2 709
-
pensions
3 902
-
18 243
-
total
4 636
-
20 952
-
Corporate
120 243
163 500
-
-
income

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

22 846
31 065
-
-
total
22 846
31 065
-
-
Dividends
97 397
132 435
-
-
withholding
17 267
28 654
-
-
total
17 267
28 654
-
-
Income
163 500
163 500
163 500
163 500
Total tax
55 234
59 719
71 971
57 338
After tax
108 266
103 781
91 529
106 162
Living cost
28 136
28 136
28 136
28 136
Free-cash
80 130
75 645
63 393
78 026

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
₽51334
₽38343
₽44780
₽54898
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
-
-
-
163 500
municipal
-
-
-
1 118
regional
-
-
-
3 876
social contributions
-
-
-
39 224
national
-
-
-
43 281
total
-
-
-
87 499
Employee
66 040
-
163 500
-
social contributions
22 268
-
51 424
-
regional
997
-
3 470
-
national
11 160
-
38 034
-
municipal
394
-
1 008
-
total
34 819
-
93 936
-
Employer
66 040
-
163 500
-
total
-
-
-
-
Corporate
97 460
163 500
-
-
nationa
23 391
39 241
-
-
municipal
4 698
7 881
-
-
total
28 089
47 122
-
-
Dividends
69 371
116 379
-
-
withholding
18 037
30 259
-
-
total
18 037
30 259
-
-
Income
163 500
163 500
163 500
163 500
Total tax
80 945
77 381
93 936
87 499
After tax
82 555
86 119
69 564
76 001
Living cost
31 221
31 221
31 221
31 221
Free-cash
51 334
54 898
38 343
44 780

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
₽10675
₽73109
₽94926
-₽3493
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
-
-
-
163 500
pensions
-
-
-
3 165
income
-
-
-
46 539
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
51 837
Employee
26 328
-
148 981
-
health
3 015
-
17 059
-
pensions
2 965
-
5 804
-
income
3 612
-
36 272
-
total
9 592
-
59 135
-
Employer
26 328
-
148 981
-
pensions
4 281
-
8 381
-
accident
440
-
2 488
-
unemployment
645
-
3 650
-
total
5 366
-
14 519
-
Corporate
131 807
163 500
-
-
income

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

118 626
147 150
-
-
total
118 626
147 150
-
-
Dividends
13 181
16 350
-
-
withholding
2 504
3 106
-
-
total
2 504
3 106
-
-
Income
163 500
163 500
163 500
163 500
Total tax
136 088
150 256
73 654
51 837
After tax
27 412
13 244
89 846
111 663
Living cost
16 737
16 737
16 737
16 737
Free-cash
10 675
-3 493
73 109
94 926

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
₽64099
₽71593
₽53360
₽53848
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.

-
-
-
163 500
trade
-
-
-
18 233
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.

-
-
-
53 362
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.

-
-
-
2 934
total
-
-
-
79 883
Employee

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

38 994
-
163 500
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
53 362
-
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
-
2 934
-
total
8 737
-
61 650
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
124 506
163 500
-
-
income
18 675
24 524
-
-
trade
17 866
23 463
-
-
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.

1 028
1 349
-
-
chamber of commerce
302
358
-
-
total
37 871
49 694
-
-
Dividends
86 635
113 806
-
-
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.

1 175
1 548
-
-
withholding
21 361
28 153
-
-
total
22 536
29 701
-
-
Income
163 500
163 500
163 500
163 500
Total tax
69 144
79 395
61 650
79 883
After tax
94 356
84 105
101 850
83 617
Living cost
30 257
30 257
30 257
30 257
Free-cash
64 099
53 848
71 593
53 360

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
₽108068
₽54107
₽42304
₽114496
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.

-
-
-
163 500
income
-
-
-
33 172
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
-
-
-
41 693
total
-
-
-
104 892
Employee
22 900
-
127 027
-
income
4 076
-
27 923
-
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
-
-
18 419
-
total
6 595
-
56 616
-
Employer
22 900
-
127 027
-
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
-
-
13 973
-
total
5 516
-
36 473
-
Corporate
135 084
163 500
-
-
income

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

27 017
32 700
-
-
total
27 017
32 700
-
-
Dividends

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

108 067
130 800
-
-
total
-
-
-
-
Income
163 500
163 500
163 500
163 500
Total tax
39 128
32 700
93 089
104 892
After tax
124 372
130 800
70 411
58 608
Living cost
16 304
16 304
16 304
16 304
Free-cash
108 068
114 496
54 107
42 304

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
₽90680
₽90117
₽90811
₽92281
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
-
-
-
163 500
income
-
-
-
50 687
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
62 946
Employee
14 840
-
155 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
50 314
-
total
5 097
-
55 644
-
Employer
14 840
-
155 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
145 321
163 500
-
-
income
31 971
35 970
-
-
total
31 971
35 970
-
-
Dividends
113 351
127 530
-
-
withholding
22 670
25 506
-
-
total
22 670
25 506
-
-
Income
163 500
163 500
163 500
163 500
Total tax
63 077
61 476
63 640
62 946
After tax
100 423
102 024
99 860
100 554
Living cost
9 743
9 743
9 743
9 743
Free-cash
90 680
92 281
90 117
90 811

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
₽82745
₽54638
₽59432
₽85239
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
-
-
-
163 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
49 734
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
8 208
total
-
-
-
86 465
Employee
26 392
-
141 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
45 047
-
other
-
-
-
-
surtax
94
-
7 271
-
total
8 791
-
69 242
-
Employer
26 392
-
141 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
131 551
163 500
-
-
income
34 203
42 509
-
-
total
34 203
42 509
-
-
Dividends
97 348
120 991
-
-
withholding
14 602
18 149
-
-
total
14 602
18 149
-
-
Income
163 500
163 500
163 500
163 500
Total tax
63 152
60 658
91 259
86 465
After tax
100 348
102 842
72 241
77 035
Living cost
17 603
17 603
17 603
17 603
Free-cash
82 745
85 239
54 638
59 432

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
₽64913
₽18037
₽59120
₽65302
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
-
-
-
163 500
pensions
-
-
-
16 938
chamber of commerce
-