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
₽ 166000
per

Your estimated
City
free-cash

Valencia , Spain
₽85303
₽68005
₽71295
₽88761
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
-
-
-
166 000
unemployment
-
-
-
509
income
-
-
-
51 362
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
73 154
Employee
28 978
-
142 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
48 672
-
other
28
-
73
-
total
7 426
-
53 286
-
Employer
28 978
-
142 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
127 783
166 000
-
-
income

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

19 167
24 901
-
-
total
19 167
24 901
-
-
Dividends
108 616
141 099
-
-
withholding
23 315
30 787
-
-
total
23 315
30 787
-
-
Income
166 000
166 000
166 000
166 000
Total tax
59 146
55 688
76 444
73 154
After tax
106 854
110 312
89 556
92 846
Living cost
21 551
21 551
21 551
21 551
Free-cash
85 303
88 761
68 005
71 295

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
₽95784
₽75907
₽77305
₽101077
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
-
-
-
166 000
pensions

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

-
-
-
28 602
income
-
-
-
28 306
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
67 812
Employee
28 456
-
135 835
-
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
-
27 842
-
total
7 573
-
39 044
-
Employer
28 456
-
135 835
-
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
-
1 087
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 166
-
Corporate
130 373
166 000
-
-
income
27 378
34 861
-
-
total
27 378
34 861
-
-
Dividends
102 995
131 139
-
-
withholding
7 210
9 179
-
-
total
7 210
9 179
-
-
Income
166 000
166 000
166 000
166 000
Total tax
49 333
44 040
69 210
67 812
After tax
116 667
121 960
96 790
98 188
Living cost
20 883
20 883
20 883
20 883
Free-cash
95 784
101 077
75 907
77 305

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
₽128019
₽130335
₽123524
₽131660
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
-
-
-
166 000
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
24 900
health
-
-
-
3 147
total
-
-
-
32 206
Employee
13 600
-
160 632
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
16 063
-
total
3 330
-
20 026
-
Employer
13 600
-
160 632
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
149 732
166 000
-
-
income
14 973
16 600
-
-
total
14 973
16 600
-
-
Dividends
134 759
149 400
-
-
withholding
6 738
7 470
-
-
total
6 738
7 470
-
-
Income
166 000
166 000
166 000
166 000
Total tax
27 710
24 070
25 394
32 206
After tax
138 290
141 930
140 606
133 794
Living cost
10 270
10 270
10 270
10 270
Free-cash
128 019
131 660
130 335
123 524

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
₽61481
₽60710
₽64917
₽56852
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
-
-
-
166 000
income
-
-
-
29 566
other
-
-
-
5 146
health
-
-
-
7 893
social contributions
-
-
-
4 729
pensions
-
-
-
26 936
surtax
-
-
-
-
total
-
-
-
74 270
Employee
33 541
-
127 069
-
pensions
3 792
-
9 419
-
income
1 980
-
26 508
-
social contributions
956
-
3 621
-
surtax
-
-
-
-
total
6 728
-
39 548
-
Employer
33 541
-
127 069
-
health
2 348
-
12 446
-
social contributions
101
-
381
-
pensions
5 510
-
15 752
-
unemployment
1 358
-
5 146
-
other
1 157
-
5 204
-
total
10 474
-
38 929
-
Corporate
121 984
166 000
-
-
income
34 156
46 480
-
-
surtax
-
-
-
-
total
34 156
46 480
-
-
Dividends
87 828
119 520
-
-
social contributions
15 106
20 556
-
-
surtax
-
-
-
-
withholding
11 242
15 299
-
-
total
26 348
35 855
-
-
Income
166 000
166 000
166 000
166 000
Total tax
77 706
82 335
78 477
74 270
After tax
88 294
83 665
87 523
91 730
Living cost
26 813
26 813
26 813
26 813
Free-cash
61 481
56 852
60 710
64 917

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
₽44968
₽73353
₽56870
₽49774
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
-
-
-
166 000
pensions
-
-
-
9 182
income
-
-
-
57 453
health
-
-
-
9 664
total
-
-
-
76 299
Employee
66 925
66 925
151 436
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
26 405
-
total
33 274
28 874
45 251
-
Employer
66 925
66 925
151 436
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
88 176
87 355
-
-
income
17 636
17 470
-
-
total
17 636
17 470
-
-
Dividends
70 541
69 885
-
-
income
14 990
14 850
-
-
withholding
10 582
10 482
-
-
total
25 572
25 332
-
-
Income
166 000
166 000
166 000
166 000
Total tax
88 201
83 395
59 816
76 299
After tax
77 799
82 605
106 184
89 701
Living cost
32 831
32 831
32 831
32 831
Free-cash
44 968
49 774
73 353
56 870

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
₽68608
₽79504
₽59098
₽59939
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.

-
-
-
166 000
trade
-
-
-
20 406
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.

-
-
-
54 412
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.

-
-
-
2 992
total
-
-
-
83 164
Employee

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

29 975
-
166 000
-
health

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

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

5 354
-
5 354
-
income

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

837
-
54 412
-
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
-
2 992
-
total
6 237
-
62 758
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 025
166 000
-
-
income
20 403
24 901
-
-
trade
21 424
26 145
-
-
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.

1 123
1 370
-
-
chamber of commerce
314
357
-
-
total
43 264
52 773
-
-
Dividends
92 761
113 227
-
-
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.

1 260
1 541
-
-
withholding
22 893
28 009
-
-
total
24 153
29 550
-
-
Income
166 000
166 000
166 000
166 000
Total tax
73 654
82 323
62 758
83 164
After tax
92 346
83 677
103 242
82 836
Living cost
23 738
23 738
23 738
23 738
Free-cash
68 608
59 939
79 504
59 098

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
₽98597
₽92531
₽93916
₽102860
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
-
-
-
166 000
income
-
-
-
37 026
health
-
-
-
4 233
social contributions
-
-
-
12 680
total
-
-
-
53 939
Employee
60 263
60 263
156 361
-
health
467
1 025
2 658
-
income
6 562
5 579
36 281
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
45 685
-
Employer
60 263
60 263
156 361
-
health
507
1 115
2 893
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 639
-
Corporate
135 762
99 620
-
-
income
16 971
12 453
-
-
total
16 971
12 453
-
-
Dividends
118 792
87 167
-
-
withholding
20 195
14 819
-
-
total
20 195
14 819
-
-
Income
166 000
166 000
166 000
166 000
Total tax
49 258
44 995
55 324
53 939
After tax
116 742
121 005
110 676
112 061
Living cost
18 145
18 145
18 145
18 145
Free-cash
98 597
102 860
92 531
93 916

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
₽69050
₽49930
₽62526
₽69837
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.

-
-
-
166 000
income
-
-
-
21 207
social contributions

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

-
-
-
57 685
surtax
-
-
-
-
total
-
-
-
78 892
Employee
36 044
-
134 141
-
income
7 497
-
44 865
-
social contributions
3 965
-
14 755
-
surtax
-
-
10
-
total
11 462
-
59 630
-
Employer
36 044
-
134 141
-
social contributions
8 560
-
31 858
-
total
8 560
-
31 858
-
Corporate
121 395
166 000
-
-
income
25 493
34 861
-
-
surtax
-
-
-
-
total
25 493
34 861
-
-
Dividends
95 903
131 139
-
-
withholding
26 853
36 720
-
-
total
26 853
36 720
-
-
Income
166 000
166 000
166 000
166 000
Total tax
72 368
71 581
91 488
78 892
After tax
93 632
94 419
74 512
87 108
Living cost
24 582
24 582
24 582
24 582
Free-cash
69 050
69 837
49 930
62 526

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
₽150488
₽126726
₽158266
₽151626
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%.

-
-
-
166 000
microenterprise

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

-
-
-
1 660
total
-
-
-
1 660
Employee
7 592
-
166 000
-
income
1 518
-
33 200
-
total
1 518
-
33 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

158 408
166 000
-
-
total
-
-
-
-
Dividends
158 408
166 000
-
-
withholding
7 920
8 300
-
-
total
7 920
8 300
-
-
Income
166 000
166 000
166 000
166 000
Total tax
9 438
8 300
33 200
1 660
After tax
156 562
157 700
132 800
164 340
Living cost
6 074
6 074
6 074
6 074
Free-cash
150 488
151 626
126 726
158 266

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
₽86714
₽53530
₽57135
₽93271
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.

-
-
-
166 000
pensions
-
-
-
30 316
unemployment
-
-
-
248
income
-
-
-
40 946
health
-
-
-
16 334
total
-
-
-
87 844
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
-
143 635
-
health
2 238
-
9 279
-
unemployment
49
-
201
-
pensions
5 372
-
22 264
-
income
5 976
-
37 341
-
total
13 635
-
69 085
-
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
-
143 635
-
health
2 308
-
9 567
-
pensions
3 067
-
12 711
-
unemployment
21
-
86
-
total
5 396
-
22 364
-
Corporate
125 949
166 000
-
-
income
23 930
31 540
-
-
total
23 930
31 540
-
-
Dividends
102 019
134 460
-
-
withholding
15 304
20 168
-
-
total
15 304
20 168
-
-
Income
166 000
166 000
166 000
166 000
Total tax
58 265
51 708
91 449
87 844
After tax
107 735
114 292
74 551
78 156
Living cost
21 021
21 021
21 021
21 021
Free-cash
86 714
93 271
53 530
57 135

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
₽78051
₽87875
₽107695
₽75311
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.

-
-
-
166 000
income
-
-
-
24 901
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
-
-
-
29 856
Employee
35 952
-
162 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
42 466
-
total
7 503
-
46 071
-
Employer
35 952
-
162 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
126 446
166 000
-
-
income
44 255
58 100
-
-
total
44 255
58 100
-
-
Dividends
82 191
107 900
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
166 000
166 000
166 000
166 000
Total tax
59 500
62 240
49 676
29 856
After tax
106 500
103 760
116 324
136 144
Living cost
28 449
28 449
28 449
28 449
Free-cash
78 051
75 311
87 875
107 695

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
₽85061
₽85742
₽89986
₽84658
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
-
-
-
166 000
income
-
-
-
24 901
health
-
-
-
11 587
social contributions
-
-
-
22 908
total
-
-
-
59 396
Employee
26 572
-
166 000
-
health
1 855
-
11 587
-
income
4 432
-
29 145
-
social contributions
3 668
-
22 908
-
total
9 955
-
63 640
-
Employer
26 572
-
166 000
-
total
-
-
-
-
Corporate
139 428
166 000
-
-
income

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

6 972
8 300
-
-
total
6 972
8 300
-
-
Dividends
132 456
157 700
-
-
social contributions
18 280
21 763
-
-
withholding
19 868
23 654
-
-
health
9 246
11 007
-
-
total
47 394
56 424
-
-
Income
166 000
166 000
166 000
166 000
Total tax
64 321
64 724
63 640
59 396
After tax
101 679
101 276
102 360
106 604
Living cost
16 618
16 618
16 618
16 618
Free-cash
85 061
84 658
85 742
89 986

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
₽84529
₽68934
₽76223
₽92354
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
-
-
-
166 000
income
-
-
-
17 696
health
-
-
-
22 410
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
2 117
total
-
-
-
67 840
Employee
32 261
-
132 172
-
health
4 355
-
17 843
-
solidarity contribution
-
-
1 463
-
income
3 871
-
16 294
-
social contributions
2 097
-
5 702
-
total
10 323
-
41 302
-
Employer
32 261
-
132 172
-
health
2 903
-
11 895
-
social contributions
8 065
-
21 932
-
total
10 968
-
33 827
-
Corporate
122 771
166 000
-
-
income
23 326
31 540
-
-
total
23 326
31 540
-
-
Dividends
99 444
134 460
-
-
withholding
14 917
20 169
-
-
total
14 917
20 169
-
-
Income
166 000
166 000
166 000
166 000
Total tax
59 534
51 709
75 129
67 840
After tax
106 466
114 291
90 871
98 160
Living cost
21 937
21 937
21 937
21 937
Free-cash
84 529
92 354
68 934
76 223

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
₽146461
₽123335
₽154875
₽148235
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%.

-
-
-
166 000
microenterprise

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

-
-
-
1 660
total
-
-
-
1 660
Employee
11 832
-
166 000
-
income
2 366
-
33 200
-
total
2 366
-
33 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

154 168
166 000
-
-
total
-
-
-
-
Dividends
154 168
166 000
-
-
withholding
7 708
8 300
-
-
total
7 708
8 300
-
-
Income
166 000
166 000
166 000
166 000
Total tax
10 074
8 300
33 200
1 660
After tax
155 926
157 700
132 800
164 340
Living cost
9 465
9 465
9 465
9 465
Free-cash
146 461
148 235
123 335
154 875

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
₽51201
₽49671
₽53878
₽45813
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
-
-
-
166 000
income
-
-
-
29 566
other
-
-
-
5 146
health
-
-
-
7 893
social contributions
-
-
-
4 729
pensions
-
-
-
26 936
surtax
-
-
-
-
total
-
-
-
74 270
Employee
49 085
-
127 069
-
pensions
5 552
-
9 419
-
income
4 283
-
26 508
-
social contributions
1 398
-
3 621
-
surtax
-
-
-
-
total
11 233
-
39 548
-
Employer
49 085
-
127 069
-
health
3 435
-
12 446
-
social contributions
147
-
381
-
pensions
8 065
-
15 752
-
unemployment
1 988
-
5 146
-
other
1 694
-
5 204
-
total
15 329
-
38 929
-
Corporate
101 585
166 000
-
-
income
28 443
46 480
-
-
surtax
-
-
-
-
total
28 443
46 480
-
-
Dividends
73 141
119 520
-
-
social contributions
12 580
20 556
-
-
surtax
-
-
-
-
withholding
9 362
15 299
-
-
total
21 942
35 855
-
-
Income
166 000
166 000
166 000
166 000
Total tax
76 947
82 335
78 477
74 270
After tax
89 053
83 665
87 523
91 730
Living cost
37 852
37 852
37 852
37 852
Free-cash
51 201
45 813
49 671
53 878

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
₽102578
₽92425
₽92425
₽106423
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.

-
-
-
166 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
38 236
health
-
-
-
5 948
total
-
-
-
60 063
Employee

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

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

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

20 376
-
155 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
38 236
-
total
6 864
-
49 727
-
Employer

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

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

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

20 376
-
155 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
141 977
166 000
-
-
income
21 297
24 900
-
-
total
21 297
24 900
-
-
Dividends
120 681
141 100
-
-
withholding
18 102
21 165
-
-
total
18 102
21 165
-
-
Income
166 000
166 000
166 000
166 000
Total tax
49 910
46 065
60 063
60 063
After tax
116 090
119 935
105 937
105 937
Living cost
13 512
13 512
13 512
13 512
Free-cash
102 578
106 423
92 425
92 425

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽45420
₽72195
₽77718
₽22620
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
-
-
-
166 000
pensions
-
-
-
15 271
city
-
-
-
1 749
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.

-
-
-
3 320
health
-
-
-
374
regional
-
-
-
9 559
national
-
-
-
4 720
total
-
-
-
34 993
Employee
62 361
-
149 639
-
health
141
-
337
-
unemployment
-
-
-
-
city
669
-
1 622
-
pensions
5 239
-
11 384
-
regional
2 042
-
8 564
-
national
295
-
3 895
-
total
8 386
-
25 802
-
Employer
62 361
-
149 639
-
health
141
-
337
-
pensions
5 239
-
11 384
-
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
-
2 993
-
total
6 627
-
14 714
-
Corporate
96 326
166 000
-
-
regional
20 372
35 109
-
-
national
8 187
14 109
-
-
total
28 559
49 218
-
-
Dividends
67 766
116 782
-
-
withholding
23 719
40 873
-
-
total
23 719
40 873
-
-
Income
166 000
166 000
166 000
166 000
Total tax
67 291
90 091
40 516
34 993
After tax
98 709
75 909
125 484
131 007
Living cost
53 289
53 289
53 289
53 289
Free-cash
45 420
22 620
72 195
77 718

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
₽74612
₽53906
₽72918
₽72194
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

-
-
-
166 000
municipal
-
-
-
29 478
health
-
-
-
2 229
national
-
-
-
31 286
total
-
-
-
62 993
Employee
41 232
-
139 649
-
health
308
-
1 823
-
unemployment
619
-
2 094
-
pensions
2 783
-
9 426
-
national
681
-
19 577
-
municipal
6 754
-
22 735
-
total
11 145
-
55 655
-
Employer
41 232
-
139 649
-
health
317
-
1 075
-
pensions
7 154
-
24 228
-
accident
42
-
140
-
unemployment
268
-
907
-
total
7 781
-
26 350
-
Corporate
116 988
166 000
-
-
income
23 397
33 199
-
-
total
23 397
33 199
-
-
Dividends

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

70 193
99 600
-
-
municipal
12 635
17 929
-
-
national
6 341
12 589
-
-
total
18 976
30 518
-
-
Income
166 000
166 000
166 000
166 000
Total tax
61 299
63 717
82 005
62 993
After tax
104 701
102 283
83 995
103 007
Living cost
30 089
30 089
30 089
30 089
Free-cash
74 612
72 194
53 906
72 918

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
₽52452
₽28311
₽43572
₽63096
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
-
-
-
166 000
communal

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

-
-
-
8 788
social contributions
-
-
-
19 539
national
-
-
-
65 526
total
-
-
-
93 853
Employee

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

56 059
-
128 571
-
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
-
6 043
-
communal

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

2 924
-
6 706
-
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
-
1 118
-
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
-
9 643
-
national
17 235
-
48 177
-
total
27 485
-
71 687
-
Employer

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

56 059
-
128 571
-
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
-
7 908
-
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
-
11 391
-
surtax
6 356
-
14 581
-
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
-
1 670
-
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
-
1 877
-
total
16 317
-
37 427
-
Corporate
93 623
166 000
-
-
income
18 724
34 755
-
-
surtax
375
695
-
-
total
19 099
35 450
-
-
Dividends
74 524
130 550
-
-
withholding

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

22 072
38 879
-
-
total
22 072
38 879
-
-
Income
166 000
166 000
166 000
166 000
Total tax
84 973
74 329
109 114
93 853
After tax
81 027
91 671
56 886
72 147
Living cost
28 575
28 575
28 575
28 575
Free-cash
52 452
63 096
28 311
43 572

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
₽55860
₽49426
₽50250
₽56623
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
-
-
-
166 000
unemployment
-
-
-
75
municipal
-
-
-
43 062
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
17 081
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
81 738
Employee
48 465
-
142 578
-
national
-
-
16 624
-
municipal
14 452
-
42 517
-
total
14 452
-
59 141
-
Employer
48 465
-
142 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
102 308
166 000
-
-
income
22 508
36 520
-
-
total
22 508
36 520
-
-
Dividends
79 800
129 480
-
-
withholding
23 940
38 844
-
-
total
23 940
38 844
-
-
Income
166 000
166 000
166 000
166 000
Total tax
76 128
75 364
82 562
81 738
After tax
89 872
90 636
83 438
84 262
Living cost
34 012
34 012
34 012
34 012
Free-cash
55 860
56 623
49 426
50 250

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
₽21362
₽116574
₽76842
₽63117
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
-
-
-
166 000
income
-
-
-
32 357
social contributions
-
-
-
18 924
total
-
-
-
51 281
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
35 112
166 000
-
-
income
7 725
36 520
-
-
total
7 725
36 520
-
-
Dividends
27 387
129 480
-
-
income
6 025
28 486
-
-
total
6 025
28 486
-
-
Income
166 000
166 000
166 000
166 000
Total tax
106 761
65 006
11 549
51 281
After tax
59 239
100 994
154 451
114 719
Living cost
37 877
37 877
37 877
37 877
Free-cash
21 362
63 117
116 574
76 842

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
₽92339
₽85257
₽86642
₽95586
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
-
-
-
166 000
income
-
-
-
37 026
health
-
-
-
4 233
social contributions
-
-
-
12 680
total
-
-
-
53 939
Employee
60 263
60 263
156 361
-
health
599
1 025
2 658
-
income
6 328
5 579
36 281
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
45 685
-
Employer
60 263
60 263
156 361
-
health
653
1 115
2 893
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 639
-
Corporate
127 143
99 620
-
-
income
15 893
12 453
-
-
total
15 893
12 453
-
-
Dividends
111 251
87 167
-
-
withholding
18 913
14 819
-
-
total
18 913
14 819
-
-
Income
166 000
166 000
166 000
166 000
Total tax
48 242
44 995
55 324
53 939
After tax
117 758
121 005
110 676
112 061
Living cost
25 419
25 419
25 419
25 419
Free-cash
92 339
95 586
85 257
86 642

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
₽81498
₽64652
₽79496
₽77012
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
-
-
-
166 000
income
-
-
-
50 902
pensions
-
-
-
7 466
total
-
-
-
58 368
Employee
38 621
-
144 709
-
health
504
-
1 972
-
pensions
2 948
-
8 945
-
income
7 033
-
41 004
-
total
10 485
-
51 921
-
Employer
38 621
-
144 709
-
health
734
-
2 749
-
pensions
3 902
-
18 542
-
total
4 636
-
21 291
-
Corporate
122 743
166 000
-
-
income

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

23 321
31 541
-
-
total
23 321
31 541
-
-
Dividends
99 422
134 459
-
-
withholding
17 924
29 311
-
-
total
17 924
29 311
-
-
Income
166 000
166 000
166 000
166 000
Total tax
56 366
60 852
73 212
58 368
After tax
109 634
105 148
92 788
107 632
Living cost
28 136
28 136
28 136
28 136
Free-cash
81 498
77 012
64 652
79 496

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
₽52651
₽39660
₽46099
₽56216
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
-
-
-
166 000
municipal
-
-
-
1 141
regional
-
-
-
3 960
social contributions
-
-
-
39 224
national
-
-
-
44 355
total
-
-
-
88 680
Employee
66 040
-
166 000
-
social contributions
22 268
-
51 424
-
regional
997
-
3 554
-
national
11 160
-
39 110
-
municipal
394
-
1 031
-
total
34 819
-
95 119
-
Employer
66 040
-
166 000
-
total
-
-
-
-
Corporate
99 960
166 000
-
-
nationa
23 990
39 840
-
-
municipal
4 819
8 001
-
-
total
28 809
47 841
-
-
Dividends
71 151
118 159
-
-
withholding
18 500
30 722
-
-
total
18 500
30 722
-
-
Income
166 000
166 000
166 000
166 000
Total tax
82 128
78 563
95 119
88 680
After tax
83 872
87 437
70 881
77 320
Living cost
31 221
31 221
31 221
31 221
Free-cash
52 651
56 216
39 660
46 099

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
₽10877
₽74556
₽96627
-₽3291
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
-
-
-
166 000
pensions
-
-
-
3 165
income
-
-
-
47 338
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
52 636
Employee
26 328
-
151 382
-
health
3 015
-
17 333
-
pensions
2 965
-
5 804
-
income
3 612
-
36 952
-
total
9 592
-
60 089
-
Employer
26 328
-
151 382
-
pensions
4 281
-
8 381
-
accident
440
-
2 528
-
unemployment
645
-
3 709
-
total
5 366
-
14 618
-
Corporate
134 307
166 000
-
-
income

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

120 876
149 400
-
-
total
120 876
149 400
-
-
Dividends
13 431
16 600
-
-
withholding
2 552
3 154
-
-
total
2 552
3 154
-
-
Income
166 000
166 000
166 000
166 000
Total tax
138 386
152 554
74 707
52 636
After tax
27 614
13 446
91 293
113 364
Living cost
16 737
16 737
16 737
16 737
Free-cash
10 877
-3 291
74 556
96 627

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
₽65382
₽72985
₽54393
₽55127
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.

-
-
-
166 000
trade
-
-
-
18 592
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.

-
-
-
54 412
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.

-
-
-
2 992
total
-
-
-
81 350
Employee

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

38 994
-
166 000
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
54 412
-
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
-
2 992
-
total
8 737
-
62 758
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 006
166 000
-
-
income
19 051
24 901
-
-
trade
18 226
23 821
-
-
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.

1 048
1 370
-
-
chamber of commerce
305
363
-
-
total
38 630
50 455
-
-
Dividends
88 375
115 546
-
-
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.

1 199
1 572
-
-
withholding
21 795
28 589
-
-
total
22 994
30 161
-
-
Income
166 000
166 000
166 000
166 000
Total tax
70 361
80 616
62 758
81 350
After tax
95 639
85 384
103 242
84 650
Living cost
30 257
30 257
30 257
30 257
Free-cash
65 382
55 127
72 985
54 393

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
₽110068
₽55327
₽43381
₽116497
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.

-
-
-
166 000
income
-
-
-
33 958
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
-
-
-
42 330
total
-
-
-
106 315
Employee
22 900
-
129 279
-
income
4 076
-
28 629
-
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
-
-
18 745
-
total
6 595
-
57 648
-
Employer
22 900
-
129 279
-
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
-
-
14 221
-
total
5 516
-
36 721
-
Corporate
137 584
166 000
-
-
income

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

27 517
33 199
-
-
total
27 517
33 199
-
-
Dividends

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

110 067
132 801
-
-
total
-
-
-
-
Income
166 000
166 000
166 000
166 000
Total tax
39 628
33 199
94 369
106 315
After tax
126 372
132 801
71 631
59 685
Living cost
16 304
16 304
16 304
16 304
Free-cash
110 068
116 497
55 327
43 381

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
₽92240
₽91742
₽92436
₽93841
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
-
-
-
166 000
income
-
-
-
51 562
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
63 821
Employee
14 840
-
158 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
51 189
-
total
5 097
-
56 519
-
Employer
14 840
-
158 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
147 821
166 000
-
-
income
32 521
36 520
-
-
total
32 521
36 520
-
-
Dividends
115 301
129 480
-
-
withholding
23 060
25 896
-
-
total
23 060
25 896
-
-
Income
166 000
166 000
166 000
166 000
Total tax
64 017
62 416
64 515
63 821
After tax
101 983
103 584
101 485
102 179
Living cost
9 743
9 743
9 743
9 743
Free-cash
92 240
93 841
91 742
92 436

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
₽84317
₽55789
₽60582
₽86811
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
-
-
-
166 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
50 859
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
8 433
total
-
-
-
87 815
Employee
26 392
-
143 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
46 171
-
other
-
-
-
-
surtax
94
-
7 496
-
total
8 791
-
70 591
-
Employer
26 392
-
143 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
134 051
166 000
-
-
income
34 853
43 159
-
-
total
34 853
43 159
-
-
Dividends
99 198
122 841
-
-
withholding
14 880
18 427
-
-
total
14 880
18 427
-
-
Income
166 000
166 000
166 000
166 000
Total tax
64 080
61 586
92 608
87 815
After tax
101 920
104 414
73 392
78 185
Living cost
17 603
17 603
17 603
17 603
Free-cash
84 317
86 811
55 789
60 582

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
₽66273
₽18665
₽60361
₽66662
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
-
-
-
166 000
pensions
-
-
-
16 938
chamber of commerce
-