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
₽ 165500
per

Your estimated
City
free-cash

Valencia , Spain
₽84975
₽67732
₽71021
₽88436
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
-
-
-
165 500
unemployment
-
-
-
509
income
-
-
-
51 138
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 555
total
-
-
-
72 929
Employee
28 977
-
142 343
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
48 448
-
other
28
-
73
-
total
7 426
-
53 062
-
Employer
28 977
-
142 343
-
pensions
6 838
-
17 142
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
581
-
total
9 238
-
23 156
-
Corporate
127 285
165 500
-
-
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.

19 092
24 825
-
-
total
19 092
24 825
-
-
Dividends
108 193
140 675
-
-
withholding
23 219
30 689
-
-
total
23 219
30 689
-
-
Income
165 500
165 500
165 500
165 500
Total tax
58 975
55 514
76 218
72 929
After tax
106 525
109 986
89 282
92 571
Living cost
21 550
21 550
21 550
21 550
Free-cash
84 975
88 436
67 732
71 021

Estimated living cost  is ₽21550 per week

₽14546
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
₽95419
₽75537
₽76930
₽100711
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
-
-
-
165 500
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.

-
-
-
28 601
income
-
-
-
28 183
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
67 688
Employee
28 454
-
135 340
-
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
-
8 341
-
income
4 899
-
27 719
-
total
7 573
-
38 920
-
Employer
28 454
-
135 340
-
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
-
20 260
-
accident
228
-
1 083
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 161
-
Corporate
129 875
165 500
-
-
income
27 273
34 755
-
-
total
27 273
34 755
-
-
Dividends
102 602
130 745
-
-
withholding
7 181
9 152
-
-
total
7 181
9 152
-
-
Income
165 500
165 500
165 500
165 500
Total tax
49 199
43 907
69 081
67 688
After tax
116 301
121 593
96 419
97 812
Living cost
20 882
20 882
20 882
20 882
Free-cash
95 419
100 711
75 537
76 930

Estimated living cost  is ₽20882 per week

₽14754
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
₽127592
₽129885
₽123098
₽131231
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
-
-
-
165 500
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
-
-
-
24 825
health
-
-
-
3 147
total
-
-
-
32 131
Employee
13 600
-
160 132
-
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
-
16 013
-
total
3 330
-
19 976
-
Employer
13 600
-
160 132
-
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
149 232
165 500
-
-
income
14 923
16 550
-
-
total
14 923
16 550
-
-
Dividends
134 309
148 950
-
-
withholding
6 715
7 448
-
-
total
6 715
7 448
-
-
Income
165 500
165 500
165 500
165 500
Total tax
27 637
23 998
25 344
32 131
After tax
137 863
141 502
140 156
133 369
Living cost
10 270
10 270
10 270
10 270
Free-cash
127 592
131 231
129 885
123 098

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
₽61230
₽60524
₽64687
₽56600
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
-
-
-
165 500
income
-
-
-
29 405
other
-
-
-
5 131
health
-
-
-
7 855
social contributions
-
-
-
4 716
pensions
-
-
-
26 894
surtax
-
-
-
-
total
-
-
-
74 001
Employee
33 540
-
126 709
-
pensions
3 792
-
9 382
-
income
1 979
-
26 380
-
social contributions
956
-
3 611
-
surtax
-
-
-
-
total
6 727
-
39 373
-
Employer
33 540
-
126 709
-
health
2 348
-
12 399
-
social contributions
101
-
381
-
pensions
5 510
-
15 693
-
unemployment
1 358
-
5 132
-
other
1 157
-
5 186
-
total
10 474
-
38 791
-
Corporate
121 486
165 500
-
-
income
34 016
46 340
-
-
surtax
-
-
-
-
total
34 016
46 340
-
-
Dividends
87 470
119 160
-
-
social contributions
15 044
20 496
-
-
surtax
-
-
-
-
withholding
11 197
15 252
-
-
total
26 241
35 748
-
-
Income
165 500
165 500
165 500
165 500
Total tax
77 458
82 088
78 164
74 001
After tax
88 042
83 412
87 336
91 499
Living cost
26 812
26 812
26 812
26 812
Free-cash
61 230
56 600
60 524
64 687

Estimated living cost  is ₽26812 per week

₽16906
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
₽44715
₽73033
₽56629
₽49519
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
-
-
-
165 500
pensions
-
-
-
9 182
income
-
-
-
57 196
health
-
-
-
9 664
total
-
-
-
76 042
Employee
66 922
66 922
150 936
-
health
10 272
8 737
9 664
-
pensions
12 046
9 182
9 182
-
income

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

10 954
10 954
26 227
-
total
33 272
28 873
45 073
-
Employer
66 922
66 922
150 936
-
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
87 680
86 859
-
-
income
17 537
17 371
-
-
total
17 537
17 371
-
-
Dividends
70 144
69 488
-
-
income
14 906
14 766
-
-
withholding
10 522
10 423
-
-
total
25 428
25 189
-
-
Income
165 500
165 500
165 500
165 500
Total tax
87 956
83 152
59 638
76 042
After tax
77 544
82 348
105 862
89 458
Living cost
32 829
32 829
32 829
32 829
Free-cash
44 715
49 519
73 033
56 629

Estimated living cost  is ₽32829 per week

₽23265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
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.
₽6082
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
₽68359
₽79225
₽58897
₽59689
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.

-
-
-
165 500
trade
-
-
-
20 328
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.

-
-
-
54 202
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.

-
-
-
2 982
total
-
-
-
82 866
Employee

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

29 974
-
165 500
-
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
-
54 202
-
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
-
2 982
-
total
6 237
-
62 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 526
165 500
-
-
income
20 329
24 825
-
-
trade
21 345
26 067
-
-
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.

1 118
1 365
-
-
chamber of commerce
314
357
-
-
total
43 106
52 614
-
-
Dividends
92 420
112 886
-
-
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.

1 254
1 536
-
-
withholding
22 807
27 924
-
-
total
24 061
29 460
-
-
Income
165 500
165 500
165 500
165 500
Total tax
73 404
82 074
62 538
82 866
After tax
92 096
83 426
102 962
82 634
Living cost
23 737
23 737
23 737
23 737
Free-cash
68 359
59 689
79 225
58 897

Estimated living cost  is ₽23737 per week

₽14931
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
₽98237
₽92217
₽93600
₽102500
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
-
-
-
165 500
income
-
-
-
36 856
health
-
-
-
4 221
social contributions
-
-
-
12 679
total
-
-
-
53 756
Employee
60 260
60 260
155 871
-
health
467
1 025
2 650
-
income
6 561
5 578
36 113
-
social contributions
2 278
5 001
6 746
-
total
9 306
11 604
45 509
-
Employer
60 260
60 260
155 871
-
health
507
1 115
2 884
-
social contributions
2 278
5 001
6 746
-
total
2 785
6 116
9 630
-
Corporate
135 264
99 123
-
-
income
16 907
12 391
-
-
total
16 907
12 391
-
-
Dividends
118 356
86 732
-
-
withholding
20 121
14 745
-
-
total
20 121
14 745
-
-
Income
165 500
165 500
165 500
165 500
Total tax
49 119
44 856
55 139
53 756
After tax
116 381
120 644
110 361
111 744
Living cost
18 144
18 144
18 144
18 144
Free-cash
98 237
102 500
92 217
93 600

Estimated living cost  is ₽18144 per week

₽10874
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
₽68766
₽49741
₽62291
₽69555
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.

-
-
-
165 500
income
-
-
-
21 117
social contributions

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

-
-
-
57 511
surtax
-
-
-
-
total
-
-
-
78 628
Employee
36 043
-
133 737
-
income
7 497
-
44 703
-
social contributions
3 965
-
14 711
-
surtax
-
-
1
-
total
11 462
-
59 415
-
Employer
36 043
-
133 737
-
social contributions
8 560
-
31 763
-
total
8 560
-
31 763
-
Corporate
120 897
165 500
-
-
income
25 389
34 755
-
-
surtax
-
-
-
-
total
25 389
34 755
-
-
Dividends
95 509
130 745
-
-
withholding
26 742
36 609
-
-
total
26 742
36 609
-
-
Income
165 500
165 500
165 500
165 500
Total tax
72 153
71 364
91 178
78 628
After tax
93 347
94 136
74 322
86 872
Living cost
24 581
24 581
24 581
24 581
Free-cash
68 766
69 555
49 741
62 291

Estimated living cost  is ₽24581 per week

₽18392
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
₽150013
₽126326
₽157771
₽151151
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%.

-
-
-
165 500
microenterprise

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

-
-
-
1 655
total
-
-
-
1 655
Employee
7 592
-
165 500
-
income
1 518
-
33 100
-
total
1 518
-
33 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

157 908
165 500
-
-
total
-
-
-
-
Dividends
157 908
165 500
-
-
withholding
7 895
8 275
-
-
total
7 895
8 275
-
-
Income
165 500
165 500
165 500
165 500
Total tax
9 413
8 275
33 100
1 655
After tax
156 087
157 225
132 400
163 845
Living cost
6 074
6 074
6 074
6 074
Free-cash
150 013
151 151
126 326
157 771

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
₽86371
₽53362
₽56956
₽92928
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.

-
-
-
165 500
pensions
-
-
-
30 225
unemployment
-
-
-
248
income
-
-
-
40 765
health
-
-
-
16 286
total
-
-
-
87 524
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.

34 654
-
143 203
-
health
2 238
-
9 250
-
unemployment
49
-
201
-
pensions
5 372
-
22 196
-
income
5 976
-
37 174
-
total
13 635
-
68 821
-
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.

34 654
-
143 203
-
health
2 308
-
9 537
-
pensions
3 067
-
12 674
-
unemployment
21
-
86
-
total
5 396
-
22 297
-
Corporate
125 451
165 500
-
-
income
23 836
31 444
-
-
total
23 836
31 444
-
-
Dividends
101 614
134 056
-
-
withholding
15 242
20 108
-
-
total
15 242
20 108
-
-
Income
165 500
165 500
165 500
165 500
Total tax
58 109
51 552
91 118
87 524
After tax
107 391
113 948
74 382
77 976
Living cost
21 020
21 020
21 020
21 020
Free-cash
86 371
92 928
53 362
56 956

Estimated living cost  is ₽21020 per week

₽14425
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.
₽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.
₽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
₽77726
₽87551
₽107273
₽74988
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.

-
-
-
165 500
income
-
-
-
24 825
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
-
-
-
29 780
Employee
35 950
-
161 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
42 292
-
total
7 503
-
45 897
-
Employer
35 950
-
161 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
125 948
165 500
-
-
income
44 082
57 925
-
-
total
44 082
57 925
-
-
Dividends
81 866
107 575
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
165 500
165 500
165 500
165 500
Total tax
59 327
62 065
49 502
29 780
After tax
106 173
103 435
115 998
135 720
Living cost
28 447
28 447
28 447
28 447
Free-cash
77 726
74 988
87 551
107 273

Estimated living cost  is ₽28447 per week

₽18738
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
₽84760
₽85449
₽89668
₽84353
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
-
-
-
165 500
income
-
-
-
24 825
health
-
-
-
11 552
social contributions
-
-
-
22 838
total
-
-
-
59 215
Employee
26 571
-
165 500
-
health
1 854
-
11 552
-
income
4 432
-
29 044
-
social contributions
3 667
-
22 838
-
total
9 953
-
63 434
-
Employer
26 571
-
165 500
-
total
-
-
-
-
Corporate
138 929
165 500
-
-
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%.

6 947
8 275
-
-
total
6 947
8 275
-
-
Dividends
131 983
157 225
-
-
social contributions
18 213
21 698
-
-
withholding
19 797
23 583
-
-
health
9 213
10 974
-
-
total
47 223
56 255
-
-
Income
165 500
165 500
165 500
165 500
Total tax
64 123
64 530
63 434
59 215
After tax
101 377
100 970
102 066
106 285
Living cost
16 617
16 617
16 617
16 617
Free-cash
84 760
84 353
85 449
89 668

Estimated living cost  is ₽16617 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
₽84185
₽68625
₽75886
₽92010
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
-
-
-
165 500
income
-
-
-
17 631
health
-
-
-
22 342
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
2 087
total
-
-
-
67 677
Employee
32 261
-
131 713
-
health
4 355
-
17 781
-
solidarity contribution
-
-
1 435
-
income
3 871
-
16 234
-
social contributions
2 097
-
5 702
-
total
10 323
-
41 152
-
Employer
32 261
-
131 713
-
health
2 903
-
11 854
-
social contributions
8 065
-
21 932
-
total
10 968
-
33 786
-
Corporate
122 271
165 500
-
-
income
23 231
31 445
-
-
total
23 231
31 445
-
-
Dividends
99 039
134 055
-
-
withholding
14 856
20 108
-
-
total
14 856
20 108
-
-
Income
165 500
165 500
165 500
165 500
Total tax
59 378
51 553
74 938
67 677
After tax
106 122
113 947
90 562
97 823
Living cost
21 937
21 937
21 937
21 937
Free-cash
84 185
92 010
68 625
75 886

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
₽145986
₽122935
₽154380
₽147760
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%.

-
-
-
165 500
microenterprise

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

-
-
-
1 655
total
-
-
-
1 655
Employee
11 832
-
165 500
-
income
2 366
-
33 100
-
total
2 366
-
33 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

153 668
165 500
-
-
total
-
-
-
-
Dividends
153 668
165 500
-
-
withholding
7 683
8 275
-
-
total
7 683
8 275
-
-
Income
165 500
165 500
165 500
165 500
Total tax
10 049
8 275
33 100
1 655
After tax
155 451
157 225
132 400
163 845
Living cost
9 465
9 465
9 465
9 465
Free-cash
145 986
147 760
122 935
154 380

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
₽50947
₽49486
₽53649
₽45562
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
-
-
-
165 500
income
-
-
-
29 405
other
-
-
-
5 131
health
-
-
-
7 855
social contributions
-
-
-
4 716
pensions
-
-
-
26 894
surtax
-
-
-
-
total
-
-
-
74 001
Employee
49 083
-
126 709
-
pensions
5 552
-
9 382
-
income
4 283
-
26 380
-
social contributions
1 398
-
3 611
-
surtax
-
-
-
-
total
11 233
-
39 373
-
Employer
49 083
-
126 709
-
health
3 435
-
12 399
-
social contributions
147
-
381
-
pensions
8 065
-
15 693
-
unemployment
1 988
-
5 132
-
other
1 694
-
5 186
-
total
15 329
-
38 791
-
Corporate
101 088
165 500
-
-
income
28 305
46 340
-
-
surtax
-
-
-
-
total
28 305
46 340
-
-
Dividends
72 783
119 160
-
-
social contributions
12 520
20 496
-
-
surtax
-
-
-
-
withholding
9 316
15 252
-
-
total
21 836
35 748
-
-
Income
165 500
165 500
165 500
165 500
Total tax
76 703
82 088
78 164
74 001
After tax
88 797
83 412
87 336
91 499
Living cost
37 850
37 850
37 850
37 850
Free-cash
50 947
45 562
49 486
53 649

Estimated living cost  is ₽37850 per week

₽25616
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
₽102217
₽92050
₽92050
₽106062
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.

-
-
-
165 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
38 111
health
-
-
-
5 948
total
-
-
-
59 938
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
-
155 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
38 111
-
total
6 864
-
49 602
-
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
-
155 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
141 477
165 500
-
-
income
21 222
24 825
-
-
total
21 222
24 825
-
-
Dividends
120 256
140 675
-
-
withholding
18 038
21 101
-
-
total
18 038
21 101
-
-
Income
165 500
165 500
165 500
165 500
Total tax
49 771
45 926
59 938
59 938
After tax
115 729
119 574
105 562
105 562
Living cost
13 512
13 512
13 512
13 512
Free-cash
102 217
106 062
92 050
92 050

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
₽45190
₽71825
₽77362
₽22391
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
-
-
-
165 500
pensions
-
-
-
15 226
city
-
-
-
1 745
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.

-
-
-
3 309
health
-
-
-
372
regional
-
-
-
9 515
national
-
-
-
4 682
total
-
-
-
34 849
Employee
62 361
-
149 177
-
health
141
-
335
-
unemployment
-
-
-
-
city
669
-
1 616
-
pensions
5 239
-
11 363
-
regional
2 042
-
8 524
-
national
295
-
3 866
-
total
8 386
-
25 704
-
Employer
62 361
-
149 177
-
health
141
-
335
-
pensions
5 239
-
11 363
-
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
-
2 984
-
total
6 627
-
14 682
-
Corporate
95 826
165 500
-
-
regional
20 267
35 003
-
-
national
8 145
14 067
-
-
total
28 412
49 070
-
-
Dividends
67 414
116 430
-
-
withholding
23 596
40 750
-
-
total
23 596
40 750
-
-
Income
165 500
165 500
165 500
165 500
Total tax
67 021
89 820
40 386
34 849
After tax
98 479
75 680
125 114
130 651
Living cost
53 289
53 289
53 289
53 289
Free-cash
45 190
22 391
71 825
77 362

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
₽74334
₽53713
₽72667
₽71913
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

-
-
-
165 500
municipal
-
-
-
29 391
health
-
-
-
2 222
national
-
-
-
31 133
total
-
-
-
62 746
Employee
41 230
-
139 226
-
health
308
-
1 817
-
unemployment
619
-
2 088
-
pensions
2 782
-
9 397
-
national
681
-
19 458
-
municipal
6 753
-
22 666
-
total
11 143
-
55 426
-
Employer
41 230
-
139 226
-
health
317
-
1 072
-
pensions
7 153
-
24 156
-
accident
42
-
140
-
unemployment
268
-
906
-
total
7 780
-
26 274
-
Corporate
116 490
165 500
-
-
income
23 298
33 100
-
-
total
23 298
33 100
-
-
Dividends

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

69 894
99 300
-
-
municipal
12 581
17 874
-
-
national
6 277
12 526
-
-
total
18 858
30 400
-
-
Income
165 500
165 500
165 500
165 500
Total tax
61 079
63 500
81 700
62 746
After tax
104 421
102 000
83 800
102 754
Living cost
30 087
30 087
30 087
30 087
Free-cash
74 334
71 913
53 713
72 667

Estimated living cost  is ₽30087 per week

₽19653
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
₽52175
₽28163
₽43354
₽62850
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
-
-
-
165 500
communal

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

-
-
-
8 758
social contributions
-
-
-
19 538
national
-
-
-
65 276
total
-
-
-
93 572
Employee

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

56 056
-
128 186
-
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
-
6 024
-
communal

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

2 924
-
6 686
-
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
-
1 115
-
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
-
9 614
-
national
17 234
-
48 011
-
total
27 484
-
71 450
-
Employer

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

56 056
-
128 186
-
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
-
7 883
-
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
-
11 357
-
surtax
6 356
-
14 535
-
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
-
1 667
-
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
-
1 871
-
total
16 317
-
37 313
-
Corporate
93 127
165 500
-
-
income
18 625
34 611
-
-
surtax
372
692
-
-
total
18 997
35 303
-
-
Dividends
74 130
130 198
-
-
withholding

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

21 953
38 773
-
-
total
21 953
38 773
-
-
Income
165 500
165 500
165 500
165 500
Total tax
84 751
74 076
108 763
93 572
After tax
80 749
91 424
56 737
71 928
Living cost
28 574
28 574
28 574
28 574
Free-cash
52 175
62 850
28 163
43 354

Estimated living cost  is ₽28574 per week

₽18405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
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
₽55586
₽49198
₽50024
₽56350
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
-
-
-
165 500
unemployment
-
-
-
75
municipal
-
-
-
42 912
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
16 956
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
81 463
Employee
48 465
-
142 078
-
national
-
-
16 500
-
municipal
14 452
-
42 368
-
total
14 452
-
58 868
-
Employer
48 465
-
142 078
-
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
101 808
165 500
-
-
income
22 398
36 410
-
-
total
22 398
36 410
-
-
Dividends
79 410
129 090
-
-
withholding
23 823
38 727
-
-
total
23 823
38 727
-
-
Income
165 500
165 500
165 500
165 500
Total tax
75 901
75 137
82 289
81 463
After tax
89 599
90 363
83 211
84 037
Living cost
34 013
34 013
34 013
34 013
Free-cash
55 586
56 350
49 198
50 024

Estimated living cost  is ₽34013 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
₽21058
₽116074
₽76497
₽62813
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
-
-
-
165 500
income
-
-
-
32 259
social contributions
-
-
-
18 867
total
-
-
-
51 126
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
34 612
165 500
-
-
income
7 615
36 410
-
-
total
7 615
36 410
-
-
Dividends
26 997
129 090
-
-
income
5 939
28 400
-
-
total
5 939
28 400
-
-
Income
165 500
165 500
165 500
165 500
Total tax
106 565
64 810
11 549
51 126
After tax
58 935
100 690
153 951
114 374
Living cost
37 877
37 877
37 877
37 877
Free-cash
21 058
62 813
116 074
76 497

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
₽91977
₽84943
₽86326
₽95226
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
-
-
-
165 500
income
-
-
-
36 856
health
-
-
-
4 221
social contributions
-
-
-
12 679
total
-
-
-
53 756
Employee
60 260
60 260
155 871
-
health
599
1 025
2 650
-
income
6 328
5 578
36 113
-
social contributions
2 928
5 001
6 746
-
total
9 855
11 604
45 509
-
Employer
60 260
60 260
155 871
-
health
653
1 115
2 884
-
social contributions
2 928
5 001
6 746
-
total
3 581
6 116
9 630
-
Corporate
126 645
99 123
-
-
income
15 831
12 391
-
-
total
15 831
12 391
-
-
Dividends
110 815
86 732
-
-
withholding
18 838
14 745
-
-
total
18 838
14 745
-
-
Income
165 500
165 500
165 500
165 500
Total tax
48 105
44 856
55 139
53 756
After tax
117 395
120 644
110 361
111 744
Living cost
25 418
25 418
25 418
25 418
Free-cash
91 977
95 226
84 943
86 326

Estimated living cost  is ₽25418 per week

₽17376
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.
₽5630
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
₽81225
₽64399
₽79201
₽76739
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
-
-
-
165 500
income
-
-
-
50 707
pensions
-
-
-
7 456
total
-
-
-
58 163
Employee
38 621
-
144 277
-
health
504
-
1 967
-
pensions
2 948
-
8 937
-
income
7 033
-
40 838
-
total
10 485
-
51 742
-
Employer
38 621
-
144 277
-
health
734
-
2 741
-
pensions
3 902
-
18 482
-
total
4 636
-
21 223
-
Corporate
122 243
165 500
-
-
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.

23 226
31 446
-
-
total
23 226
31 446
-
-
Dividends
99 017
134 054
-
-
withholding
17 792
29 179
-
-
total
17 792
29 179
-
-
Income
165 500
165 500
165 500
165 500
Total tax
56 139
60 625
72 965
58 163
After tax
109 361
104 875
92 535
107 337
Living cost
28 136
28 136
28 136
28 136
Free-cash
81 225
76 739
64 399
79 201

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
₽52389
₽39400
₽45838
₽55956
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
-
-
-
165 500
municipal
-
-
-
1 136
regional
-
-
-
3 943
social contributions
-
-
-
39 222
national
-
-
-
44 142
total
-
-
-
88 443
Employee
66 037
-
165 500
-
social contributions
22 267
-
51 421
-
regional
997
-
3 537
-
national
11 160
-
38 897
-
municipal
394
-
1 026
-
total
34 818
-
94 881
-
Employer
66 037
-
165 500
-
total
-
-
-
-
Corporate
99 463
165 500
-
-
nationa
23 872
39 720
-
-
municipal
4 795
7 977
-
-
total
28 667
47 697
-
-
Dividends
70 797
117 802
-
-
withholding
18 407
30 628
-
-
total
18 407
30 628
-
-
Income
165 500
165 500
165 500
165 500
Total tax
81 892
78 325
94 881
88 443
After tax
83 608
87 175
70 619
77 057
Living cost
31 219
31 219
31 219
31 219
Free-cash
52 389
55 956
39 400
45 838

Estimated living cost  is ₽31219 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
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
₽10837
₽74267
₽96286
-₽3332
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
-
-
-
165 500
pensions
-
-
-
3 165
income
-
-
-
47 179
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
52 477
Employee
26 328
-
150 901
-
health
3 015
-
17 278
-
pensions
2 965
-
5 804
-
income
3 612
-
36 816
-
total
9 592
-
59 898
-
Employer
26 328
-
150 901
-
pensions
4 281
-
8 381
-
accident
440
-
2 520
-
unemployment
645
-
3 697
-
total
5 366
-
14 598
-
Corporate
133 807
165 500
-
-
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.

120 426
148 950
-
-
total
120 426
148 950
-
-
Dividends
13 381
16 550
-
-
withholding
2 542
3 145
-
-
total
2 542
3 145
-
-
Income
165 500
165 500
165 500
165 500
Total tax
137 926
152 095
74 496
52 477
After tax
27 574
13 405
91 004
113 023
Living cost
16 737
16 737
16 737
16 737
Free-cash
10 837
-3 332
74 267
96 286

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
₽65125
₽72707
₽54186
₽54876
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.

-
-
-
165 500
trade
-
-
-
18 521
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.

-
-
-
54 202
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.

-
-
-
2 982
total
-
-
-
81 059
Employee

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

38 992
-
165 500
-
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
-
54 202
-
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
-
2 982
-
total
8 737
-
62 538
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
126 508
165 500
-
-
income
18 976
24 825
-
-
trade
18 154
23 750
-
-
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.

1 044
1 365
-
-
chamber of commerce
305
361
-
-
total
38 479
50 301
-
-
Dividends
88 029
115 198
-
-
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.

1 194
1 567
-
-
withholding
21 710
28 501
-
-
total
22 904
30 068
-
-
Income
165 500
165 500
165 500
165 500
Total tax
70 120
80 369
62 538
81 059
After tax
95 380
85 131
102 962
84 441
Living cost
30 255
30 255
30 255
30 255
Free-cash
65 125
54 876
72 707
54 186

Estimated living cost  is ₽30255 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
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
₽109668
₽55084
₽43166
₽116096
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.

-
-
-
165 500
income
-
-
-
33 801
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.

-
-
-
30 026
surtax
-
-
-
42 203
total
-
-
-
106 030
Employee
22 899
-
128 830
-
income
4 076
-
28 489
-
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
-
10 273
-
surtax
-
-
18 680
-
total
6 595
-
57 442
-
Employer
22 899
-
128 830
-
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
-
22 499
-
surtax
-
-
14 171
-
total
5 516
-
36 670
-
Corporate
137 085
165 500
-
-
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%.

27 417
33 100
-
-
total
27 417
33 100
-
-
Dividends

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

109 668
132 400
-
-
total
-
-
-
-
Income
165 500
165 500
165 500
165 500
Total tax
39 528
33 100
94 112
106 030
After tax
125 972
132 400
71 388
59 470
Living cost
16 304
16 304
16 304
16 304
Free-cash
109 668
116 096
55 084
43 166

Estimated living cost  is ₽16304 per week

₽10401
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
₽91928
₽91417
₽92111
₽93529
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
-
-
-
165 500
income
-
-
-
51 387
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
63 646
Employee
14 840
-
157 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
51 014
-
total
5 097
-
56 344
-
Employer
14 840
-
157 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
147 321
165 500
-
-
income
32 411
36 410
-
-
total
32 411
36 410
-
-
Dividends
114 910
129 090
-
-
withholding
22 982
25 818
-
-
total
22 982
25 818
-
-
Income
165 500
165 500
165 500
165 500
Total tax
63 829
62 228
64 340
63 646
After tax
101 671
103 272
101 160
101 854
Living cost
9 743
9 743
9 743
9 743
Free-cash
91 928
93 529
91 417
92 111

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
₽84004
₽55562
₽60353
₽86498
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
-
-
-
165 500
pensions
-
-
-
20 918
unemployment
-
-
-
178
income
-
-
-
50 635
other
-
-
-
-
health
-
-
-
7 425
surtax
-
-
-
8 389
total
-
-
-
87 545
Employee
26 391
-
143 484
-
health
674
-
2 666
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 976
-
income
4 424
-
45 947
-
other
-
-
-
-
surtax
94
-
7 451
-
total
8 790
-
70 320
-
Employer
26 391
-
143 484
-
health
1 200
-
4 759
-
pensions
3 519
-
13 942
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 016
-
Corporate
133 553
165 500
-
-
income
34 724
43 029
-
-
total
34 724
43 029
-
-
Dividends
98 829
122 471
-
-
withholding
14 824
18 371
-
-
total
14 824
18 371
-
-
Income
165 500
165 500
165 500
165 500
Total tax
63 894
61 400
92 336
87 545
After tax
101 606
104 100
73 164
77 955
Living cost
17 602
17 602
17 602
17 602
Free-cash
84 004
86 498
55 562
60 353

Estimated living cost  is ₽17602 per week

₽10627
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
₽66001
₽18539
₽60113
₽66390
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
-
-
-
165 500
pensions
-
-
-
16 937
chamber of commerce
-