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
₽ 166500
per

Your estimated
City
free-cash

Valencia , Spain
₽85630
₽68281
₽71570
₽89089
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
-
-
-
166 500
unemployment
-
-
-
509
income
-
-
-
51 587
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
73 379
Employee
28 978
-
143 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
48 896
-
other
28
-
73
-
total
7 426
-
53 510
-
Employer
28 978
-
143 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
128 283
166 500
-
-
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.

19 242
24 975
-
-
total
19 242
24 975
-
-
Dividends
109 041
141 525
-
-
withholding
23 413
30 885
-
-
total
23 413
30 885
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 319
55 860
76 668
73 379
After tax
107 181
110 640
89 832
93 121
Living cost
21 551
21 551
21 551
21 551
Free-cash
85 630
89 089
68 281
71 570

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
₽96151
₽76280
₽77680
₽101445
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
-
-
-
166 500
pensions

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

-
-
-
28 602
income
-
-
-
28 431
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
67 937
Employee
28 456
-
136 332
-
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
-
27 966
-
total
7 573
-
39 168
-
Employer
28 456
-
136 332
-
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
-
1 090
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 169
-
Corporate
130 873
166 500
-
-
income
27 484
34 965
-
-
total
27 484
34 965
-
-
Dividends
103 389
131 535
-
-
withholding
7 237
9 207
-
-
total
7 237
9 207
-
-
Income
166 500
166 500
166 500
166 500
Total tax
49 466
44 172
69 337
67 937
After tax
117 034
122 328
97 163
98 563
Living cost
20 883
20 883
20 883
20 883
Free-cash
96 151
101 445
76 280
77 680

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
₽128446
₽130786
₽123948
₽132086
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
-
-
-
166 500
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
-
-
-
24 975
health
-
-
-
3 147
total
-
-
-
32 281
Employee
13 600
-
161 132
-
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
-
16 113
-
total
3 330
-
20 076
-
Employer
13 600
-
161 132
-
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
150 232
166 500
-
-
income
15 023
16 650
-
-
total
15 023
16 650
-
-
Dividends
135 209
149 850
-
-
withholding
6 761
7 493
-
-
total
6 761
7 493
-
-
Income
166 500
166 500
166 500
166 500
Total tax
27 783
24 143
25 444
32 281
After tax
138 717
142 357
141 056
134 219
Living cost
10 270
10 270
10 270
10 270
Free-cash
128 446
132 086
130 786
123 948

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
₽61734
₽60892
₽65148
₽57103
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
-
-
-
166 500
income
-
-
-
29 728
other
-
-
-
5 162
health
-
-
-
7 928
social contributions
-
-
-
4 744
pensions
-
-
-
26 977
surtax
-
-
-
-
total
-
-
-
74 539
Employee
33 541
-
127 429
-
pensions
3 792
-
9 456
-
income
1 980
-
26 637
-
social contributions
956
-
3 630
-
surtax
-
-
-
-
total
6 728
-
39 723
-
Employer
33 541
-
127 429
-
health
2 348
-
12 494
-
social contributions
101
-
382
-
pensions
5 510
-
15 811
-
unemployment
1 358
-
5 161
-
other
1 157
-
5 224
-
total
10 474
-
39 072
-
Corporate
122 484
166 500
-
-
income
34 296
46 620
-
-
surtax
-
-
-
-
total
34 296
46 620
-
-
Dividends
88 189
119 880
-
-
social contributions
15 167
20 619
-
-
surtax
-
-
-
-
withholding
11 288
15 345
-
-
total
26 455
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 953
82 584
78 795
74 539
After tax
88 547
83 916
87 705
91 961
Living cost
26 813
26 813
26 813
26 813
Free-cash
61 734
57 103
60 892
65 148

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
₽45225
₽73671
₽57112
₽50026
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
-
-
-
166 500
pensions
-
-
-
9 182
income
-
-
-
57 711
health
-
-
-
9 664
total
-
-
-
76 557
Employee
66 925
66 925
151 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
26 587
-
total
33 274
28 874
45 433
-
Employer
66 925
66 925
151 936
-
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
88 676
87 855
-
-
income
17 735
17 572
-
-
total
17 735
17 572
-
-
Dividends
70 941
70 284
-
-
income
15 075
14 935
-
-
withholding
10 641
10 543
-
-
total
25 716
25 478
-
-
Income
166 500
166 500
166 500
166 500
Total tax
88 444
83 643
59 998
76 557
After tax
78 056
82 857
106 502
89 943
Living cost
32 831
32 831
32 831
32 831
Free-cash
45 225
50 026
73 671
57 112

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
₽68861
₽79783
₽59298
₽60192
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.

-
-
-
166 500
trade
-
-
-
20 485
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.

-
-
-
54 621
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.

-
-
-
3 004
total
-
-
-
83 464
Employee

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

29 975
-
166 500
-
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
-
54 621
-
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
-
3 004
-
total
6 237
-
62 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 525
166 500
-
-
income
20 479
24 975
-
-
trade
21 502
26 224
-
-
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.

1 126
1 374
-
-
chamber of commerce
315
358
-
-
total
43 422
52 931
-
-
Dividends
93 102
113 568
-
-
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.

1 264
1 545
-
-
withholding
22 978
28 094
-
-
total
24 242
29 639
-
-
Income
166 500
166 500
166 500
166 500
Total tax
73 901
82 570
62 979
83 464
After tax
92 599
83 930
103 521
83 036
Living cost
23 738
23 738
23 738
23 738
Free-cash
68 861
60 192
79 783
59 298

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
₽98961
₽92845
₽94233
₽103224
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
-
-
-
166 500
income
-
-
-
37 196
health
-
-
-
4 246
social contributions
-
-
-
12 680
total
-
-
-
54 122
Employee
60 263
60 263
156 852
-
health
467
1 025
2 667
-
income
6 562
5 579
36 449
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
45 862
-
Employer
60 263
60 263
156 852
-
health
507
1 115
2 902
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 648
-
Corporate
136 262
100 120
-
-
income
17 033
12 515
-
-
total
17 033
12 515
-
-
Dividends
119 229
87 605
-
-
withholding
20 269
14 893
-
-
total
20 269
14 893
-
-
Income
166 500
166 500
166 500
166 500
Total tax
49 394
45 131
55 510
54 122
After tax
117 106
121 369
110 990
112 378
Living cost
18 145
18 145
18 145
18 145
Free-cash
98 961
103 224
92 845
94 233

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
₽69335
₽50118
₽62761
₽70123
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.

-
-
-
166 500
income
-
-
-
21 298
social contributions

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

-
-
-
57 859
surtax
-
-
-
-
total
-
-
-
79 157
Employee
36 044
-
134 545
-
income
7 497
-
45 027
-
social contributions
3 965
-
14 799
-
surtax
-
-
19
-
total
11 462
-
59 845
-
Employer
36 044
-
134 545
-
social contributions
8 560
-
31 955
-
total
8 560
-
31 955
-
Corporate
121 895
166 500
-
-
income
25 598
34 965
-
-
surtax
-
-
-
-
total
25 598
34 965
-
-
Dividends
96 297
131 535
-
-
withholding
26 963
36 830
-
-
total
26 963
36 830
-
-
Income
166 500
166 500
166 500
166 500
Total tax
72 583
71 795
91 800
79 157
After tax
93 917
94 705
74 700
87 343
Living cost
24 582
24 582
24 582
24 582
Free-cash
69 335
70 123
50 118
62 761

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
₽150963
₽127126
₽158761
₽152101
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%.

-
-
-
166 500
microenterprise

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

-
-
-
1 665
total
-
-
-
1 665
Employee
7 592
-
166 500
-
income
1 518
-
33 300
-
total
1 518
-
33 300
-
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%.

158 908
166 500
-
-
total
-
-
-
-
Dividends
158 908
166 500
-
-
withholding
7 945
8 325
-
-
total
7 945
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
9 463
8 325
33 300
1 665
After tax
157 037
158 175
133 200
164 835
Living cost
6 074
6 074
6 074
6 074
Free-cash
150 963
152 101
127 126
158 761

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
₽87060
₽53698
₽57316
₽93615
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.

-
-
-
166 500
pensions
-
-
-
30 406
unemployment
-
-
-
250
income
-
-
-
41 124
health
-
-
-
16 383
total
-
-
-
88 163
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
-
144 068
-
health
2 238
-
9 307
-
unemployment
49
-
202
-
pensions
5 372
-
22 331
-
income
5 976
-
37 509
-
total
13 635
-
69 349
-
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
-
144 068
-
health
2 308
-
9 596
-
pensions
3 067
-
12 750
-
unemployment
21
-
86
-
total
5 396
-
22 432
-
Corporate
126 449
166 500
-
-
income
24 025
31 635
-
-
total
24 025
31 635
-
-
Dividends
102 424
134 865
-
-
withholding
15 363
20 229
-
-
total
15 363
20 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
58 419
51 864
91 781
88 163
After tax
108 081
114 636
74 719
78 337
Living cost
21 021
21 021
21 021
21 021
Free-cash
87 060
93 615
53 698
57 316

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
₽78375
₽88199
₽108121
₽75635
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.

-
-
-
166 500
income
-
-
-
24 975
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
-
-
-
29 930
Employee
35 952
-
162 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
42 642
-
total
7 503
-
46 247
-
Employer
35 952
-
162 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
126 946
166 500
-
-
income
44 431
58 276
-
-
total
44 431
58 276
-
-
Dividends
82 515
108 224
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 676
62 416
49 852
29 930
After tax
106 824
104 084
116 648
136 570
Living cost
28 449
28 449
28 449
28 449
Free-cash
78 375
75 635
88 199
108 121

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
₽85368
₽86038
₽90308
₽84961
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
-
-
-
166 500
income
-
-
-
24 975
health
-
-
-
11 621
social contributions
-
-
-
22 978
total
-
-
-
59 574
Employee
26 572
-
166 500
-
health
1 855
-
11 621
-
income
4 432
-
29 245
-
social contributions
3 668
-
22 978
-
total
9 955
-
63 844
-
Employer
26 572
-
166 500
-
total
-
-
-
-
Corporate
139 928
166 500
-
-
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%.

6 996
8 326
-
-
total
6 996
8 326
-
-
Dividends
132 932
158 174
-
-
social contributions
18 345
21 828
-
-
withholding
19 939
23 726
-
-
health
9 279
11 041
-
-
total
47 563
56 595
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 514
64 921
63 844
59 574
After tax
101 986
101 579
102 656
106 926
Living cost
16 618
16 618
16 618
16 618
Free-cash
85 368
84 961
86 038
90 308

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
₽84874
₽69242
₽76560
₽92698
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
-
-
-
166 500
income
-
-
-
17 761
health
-
-
-
22 478
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
2 147
total
-
-
-
68 003
Employee
32 261
-
132 631
-
health
4 355
-
17 905
-
solidarity contribution
-
-
1 491
-
income
3 871
-
16 354
-
social contributions
2 097
-
5 702
-
total
10 323
-
41 452
-
Employer
32 261
-
132 631
-
health
2 903
-
11 937
-
social contributions
8 065
-
21 932
-
total
10 968
-
33 869
-
Corporate
123 271
166 500
-
-
income
23 421
31 635
-
-
total
23 421
31 635
-
-
Dividends
99 849
134 865
-
-
withholding
14 977
20 230
-
-
total
14 977
20 230
-
-
Income
166 500
166 500
166 500
166 500
Total tax
59 689
51 865
75 321
68 003
After tax
106 811
114 635
91 179
98 497
Living cost
21 937
21 937
21 937
21 937
Free-cash
84 874
92 698
69 242
76 560

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
₽146936
₽123735
₽155370
₽148710
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%.

-
-
-
166 500
microenterprise

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

-
-
-
1 665
total
-
-
-
1 665
Employee
11 832
-
166 500
-
income
2 366
-
33 300
-
total
2 366
-
33 300
-
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%.

154 668
166 500
-
-
total
-
-
-
-
Dividends
154 668
166 500
-
-
withholding
7 733
8 325
-
-
total
7 733
8 325
-
-
Income
166 500
166 500
166 500
166 500
Total tax
10 099
8 325
33 300
1 665
After tax
156 401
158 175
133 200
164 835
Living cost
9 465
9 465
9 465
9 465
Free-cash
146 936
148 710
123 735
155 370

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
₽51452
₽49853
₽54109
₽46064
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
-
-
-
166 500
income
-
-
-
29 728
other
-
-
-
5 162
health
-
-
-
7 928
social contributions
-
-
-
4 744
pensions
-
-
-
26 977
surtax
-
-
-
-
total
-
-
-
74 539
Employee
49 085
-
127 429
-
pensions
5 552
-
9 456
-
income
4 283
-
26 637
-
social contributions
1 398
-
3 630
-
surtax
-
-
-
-
total
11 233
-
39 723
-
Employer
49 085
-
127 429
-
health
3 435
-
12 494
-
social contributions
147
-
382
-
pensions
8 065
-
15 811
-
unemployment
1 988
-
5 161
-
other
1 694
-
5 224
-
total
15 329
-
39 072
-
Corporate
102 085
166 500
-
-
income
28 583
46 620
-
-
surtax
-
-
-
-
total
28 583
46 620
-
-
Dividends
73 502
119 880
-
-
social contributions
12 643
20 619
-
-
surtax
-
-
-
-
withholding
9 408
15 345
-
-
total
22 051
35 964
-
-
Income
166 500
166 500
166 500
166 500
Total tax
77 196
82 584
78 795
74 539
After tax
89 304
83 916
87 705
91 961
Living cost
37 852
37 852
37 852
37 852
Free-cash
51 452
46 064
49 853
54 109

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
₽102939
₽92800
₽92800
₽106784
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.

-
-
-
166 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
38 361
health
-
-
-
5 948
total
-
-
-
60 188
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
-
156 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
38 361
-
total
6 864
-
49 852
-
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
-
156 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
142 477
166 500
-
-
income
21 372
24 975
-
-
total
21 372
24 975
-
-
Dividends
121 106
141 525
-
-
withholding
18 166
21 229
-
-
total
18 166
21 229
-
-
Income
166 500
166 500
166 500
166 500
Total tax
50 049
46 204
60 188
60 188
After tax
116 451
120 296
106 312
106 312
Living cost
13 512
13 512
13 512
13 512
Free-cash
102 939
106 784
92 800
92 800

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
₽45648
₽72565
₽78071
₽22847
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
-
-
-
166 500
pensions
-
-
-
15 318
city
-
-
-
1 755
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.

-
-
-
3 330
health
-
-
-
375
regional
-
-
-
9 602
national
-
-
-
4 760
total
-
-
-
35 140
Employee
62 361
-
150 102
-
health
141
-
338
-
unemployment
-
-
-
-
city
669
-
1 627
-
pensions
5 239
-
11 408
-
regional
2 042
-
8 603
-
national
295
-
3 923
-
total
8 386
-
25 899
-
Employer
62 361
-
150 102
-
health
141
-
338
-
pensions
5 239
-
11 408
-
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
-
3 001
-
total
6 627
-
14 747
-
Corporate
96 826
166 500
-
-
regional
20 479
35 215
-
-
national
8 230
14 152
-
-
total
28 709
49 367
-
-
Dividends
68 117
117 133
-
-
withholding
23 841
40 997
-
-
total
23 841
40 997
-
-
Income
166 500
166 500
166 500
166 500
Total tax
67 563
90 364
40 646
35 140
After tax
98 937
76 136
125 854
131 360
Living cost
53 289
53 289
53 289
53 289
Free-cash
45 648
22 847
72 565
78 071

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
₽74894
₽54098
₽73167
₽72475
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

-
-
-
166 500
municipal
-
-
-
29 568
health
-
-
-
2 237
national
-
-
-
31 439
total
-
-
-
63 244
Employee
41 232
-
140 069
-
health
308
-
1 829
-
unemployment
619
-
2 101
-
pensions
2 783
-
9 454
-
national
681
-
19 696
-
municipal
6 754
-
22 804
-
total
11 145
-
55 884
-
Employer
41 232
-
140 069
-
health
317
-
1 078
-
pensions
7 154
-
24 301
-
accident
42
-
140
-
unemployment
268
-
910
-
total
7 781
-
26 429
-
Corporate
117 488
166 500
-
-
income
23 498
33 301
-
-
total
23 498
33 301
-
-
Dividends

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

70 492
99 900
-
-
municipal
12 689
17 982
-
-
national
6 404
12 653
-
-
total
19 093
30 635
-
-
Income
166 500
166 500
166 500
166 500
Total tax
61 517
63 936
82 313
63 244
After tax
104 983
102 564
84 187
103 256
Living cost
30 089
30 089
30 089
30 089
Free-cash
74 894
72 475
54 098
73 167

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
₽52731
₽28461
₽43792
₽63343
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
-
-
-
166 500
communal

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

-
-
-
8 818
social contributions
-
-
-
19 539
national
-
-
-
65 776
total
-
-
-
94 133
Employee

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

56 059
-
128 958
-
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
-
6 060
-
communal

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

2 924
-
6 727
-
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
-
1 121
-
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
-
9 671
-
national
17 235
-
48 347
-
total
27 485
-
71 926
-
Employer

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

56 059
-
128 958
-
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
-
7 931
-
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
-
11 426
-
surtax
6 356
-
14 622
-
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
-
1 676
-
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
-
1 883
-
total
16 317
-
37 538
-
Corporate
94 123
166 500
-
-
income
18 825
34 899
-
-
surtax
376
698
-
-
total
19 201
35 597
-
-
Dividends
74 922
130 903
-
-
withholding

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

22 191
38 985
-
-
total
22 191
38 985
-
-
Income
166 500
166 500
166 500
166 500
Total tax
85 194
74 582
109 464
94 133
After tax
81 306
91 918
57 036
72 367
Living cost
28 575
28 575
28 575
28 575
Free-cash
52 731
63 343
28 461
43 792

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
₽56133
₽49651
₽50476
₽56897
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
-
-
-
166 500
unemployment
-
-
-
75
municipal
-
-
-
43 211
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
17 206
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
82 012
Employee
48 465
-
143 078
-
national
-
-
16 750
-
municipal
14 452
-
42 666
-
total
14 452
-
59 416
-
Employer
48 465
-
143 078
-
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
102 808
166 500
-
-
income
22 618
36 630
-
-
total
22 618
36 630
-
-
Dividends
80 190
129 870
-
-
withholding
24 057
38 961
-
-
total
24 057
38 961
-
-
Income
166 500
166 500
166 500
166 500
Total tax
76 355
75 591
82 837
82 012
After tax
90 145
90 909
83 663
84 488
Living cost
34 012
34 012
34 012
34 012
Free-cash
56 133
56 897
49 651
50 476

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
₽21666
₽117074
₽77188
₽63422
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
-
-
-
166 500
income
-
-
-
32 454
social contributions
-
-
-
18 981
total
-
-
-
51 435
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
35 612
166 500
-
-
income
7 835
36 630
-
-
total
7 835
36 630
-
-
Dividends
27 778
129 870
-
-
income
6 111
28 571
-
-
total
6 111
28 571
-
-
Income
166 500
166 500
166 500
166 500
Total tax
106 957
65 201
11 549
51 435
After tax
59 543
101 299
154 951
115 065
Living cost
37 877
37 877
37 877
37 877
Free-cash
21 666
63 422
117 074
77 188

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
₽92703
₽85571
₽86959
₽95950
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
-
-
-
166 500
income
-
-
-
37 196
health
-
-
-
4 246
social contributions
-
-
-
12 680
total
-
-
-
54 122
Employee
60 263
60 263
156 852
-
health
599
1 025
2 667
-
income
6 328
5 579
36 449
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
45 862
-
Employer
60 263
60 263
156 852
-
health
653
1 115
2 902
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 648
-
Corporate
127 643
100 120
-
-
income
15 955
12 515
-
-
total
15 955
12 515
-
-
Dividends
111 688
87 605
-
-
withholding
18 987
14 893
-
-
total
18 987
14 893
-
-
Income
166 500
166 500
166 500
166 500
Total tax
48 378
45 131
55 510
54 122
After tax
118 122
121 369
110 990
112 378
Living cost
25 419
25 419
25 419
25 419
Free-cash
92 703
95 950
85 571
86 959

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
₽81770
₽64904
₽79789
₽77285
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
-
-
-
166 500
income
-
-
-
51 099
pensions
-
-
-
7 476
total
-
-
-
58 575
Employee
38 621
-
145 142
-
health
504
-
1 975
-
pensions
2 948
-
8 954
-
income
7 033
-
41 173
-
total
10 485
-
52 102
-
Employer
38 621
-
145 142
-
health
734
-
2 758
-
pensions
3 902
-
18 600
-
total
4 636
-
21 358
-
Corporate
123 243
166 500
-
-
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.

23 417
31 636
-
-
total
23 417
31 636
-
-
Dividends
99 827
134 864
-
-
withholding
18 056
29 443
-
-
total
18 056
29 443
-
-
Income
166 500
166 500
166 500
166 500
Total tax
56 594
61 079
73 460
58 575
After tax
109 906
105 421
93 040
107 925
Living cost
28 136
28 136
28 136
28 136
Free-cash
81 770
77 285
64 904
79 789

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
₽52915
₽39925
₽46363
₽56480
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
-
-
-
166 500
municipal
-
-
-
1 145
regional
-
-
-
3 976
social contributions
-
-
-
39 224
national
-
-
-
44 571
total
-
-
-
88 916
Employee
66 040
-
166 500
-
social contributions
22 268
-
51 424
-
regional
997
-
3 570
-
national
11 160
-
39 325
-
municipal
394
-
1 035
-
total
34 819
-
95 354
-
Employer
66 040
-
166 500
-
total
-
-
-
-
Corporate
100 460
166 500
-
-
nationa
24 111
39 960
-
-
municipal
4 842
8 025
-
-
total
28 953
47 985
-
-
Dividends
71 507
118 515
-
-
withholding
18 592
30 814
-
-
total
18 592
30 814
-
-
Income
166 500
166 500
166 500
166 500
Total tax
82 364
78 799
95 354
88 916
After tax
84 136
87 701
71 146
77 584
Living cost
31 221
31 221
31 221
31 221
Free-cash
52 915
56 480
39 925
46 363

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
₽10918
₽74845
₽96966
-₽3250
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
-
-
-
166 500
pensions
-
-
-
3 165
income
-
-
-
47 499
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
52 797
Employee
26 328
-
151 862
-
health
3 015
-
17 388
-
pensions
2 965
-
5 804
-
income
3 612
-
37 088
-
total
9 592
-
60 280
-
Employer
26 328
-
151 862
-
pensions
4 281
-
8 381
-
accident
440
-
2 536
-
unemployment
645
-
3 721
-
total
5 366
-
14 638
-
Corporate
134 807
166 500
-
-
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.

121 326
149 850
-
-
total
121 326
149 850
-
-
Dividends
13 481
16 650
-
-
withholding
2 561
3 163
-
-
total
2 561
3 163
-
-
Income
166 500
166 500
166 500
166 500
Total tax
138 845
153 013
74 918
52 797
After tax
27 655
13 487
91 582
113 703
Living cost
16 737
16 737
16 737
16 737
Free-cash
10 918
-3 250
74 845
96 966

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
₽65640
₽73264
₽54599
₽55384
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.

-
-
-
166 500
trade
-
-
-
18 665
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.

-
-
-
54 621
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.

-
-
-
3 004
total
-
-
-
81 644
Employee

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

38 994
-
166 500
-
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
-
54 621
-
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
-
3 004
-
total
8 737
-
62 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
127 506
166 500
-
-
income
19 126
24 975
-
-
trade
18 297
23 892
-
-
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.

1 051
1 374
-
-
chamber of commerce
306
363
-
-
total
38 780
50 604
-
-
Dividends
88 725
115 896
-
-
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.

1 203
1 578
-
-
withholding
21 883
28 677
-
-
total
23 086
30 255
-
-
Income
166 500
166 500
166 500
166 500
Total tax
70 603
80 859
62 979
81 644
After tax
95 897
85 641
103 521
84 856
Living cost
30 257
30 257
30 257
30 257
Free-cash
65 640
55 384
73 264
54 599

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
₽110469
₽55570
₽43598
₽116895
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.

-
-
-
166 500
income
-
-
-
34 114
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
-
-
-
42 457
total
-
-
-
106 598
Employee
22 900
-
129 730
-
income
4 076
-
28 772
-
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
-
-
18 810
-
total
6 595
-
57 856
-
Employer
22 900
-
129 730
-
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
-
-
14 270
-
total
5 516
-
36 770
-
Corporate
138 084
166 500
-
-
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%.

27 616
33 301
-
-
total
27 616
33 301
-
-
Dividends

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

110 467
133 199
-
-
total
-
-
-
-
Income
166 500
166 500
166 500
166 500
Total tax
39 727
33 301
94 626
106 598
After tax
126 773
133 199
71 874
59 902
Living cost
16 304
16 304
16 304
16 304
Free-cash
110 469
116 895
55 570
43 598

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
₽92552
₽92067
₽92761
₽94153
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
-
-
-
166 500
income
-
-
-
51 737
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
63 996
Employee
14 840
-
158 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
51 364
-
total
5 097
-
56 694
-
Employer
14 840
-
158 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
148 321
166 500
-
-
income
32 631
36 630
-
-
total
32 631
36 630
-
-
Dividends
115 690
129 870
-
-
withholding
23 138
25 974
-
-
total
23 138
25 974
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 205
62 604
64 690
63 996
After tax
102 295
103 896
101 810
102 504
Living cost
9 743
9 743
9 743
9 743
Free-cash
92 552
94 153
92 067
92 761

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
₽84632
₽56019
₽60812
₽87125
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
-
-
-
166 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
51 083
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
8 479
total
-
-
-
88 085
Employee
26 392
-
144 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
46 397
-
other
-
-
-
-
surtax
94
-
7 540
-
total
8 791
-
70 861
-
Employer
26 392
-
144 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
134 551
166 500
-
-
income
34 983
43 290
-
-
total
34 983
43 290
-
-
Dividends
99 569
123 210
-
-
withholding
14 935
18 482
-
-
total
14 935
18 482
-
-
Income
166 500
166 500
166 500
166 500
Total tax
64 265
61 772
92 878
88 085
After tax
102 235
104 728
73 622
78 415
Living cost
17 603
17 603
17 603
17 603
Free-cash
84 632
87 125
56 019
60 812

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
₽66546
₽18791
₽60607
₽66933
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
-
-
-
166 500
pensions
-
-
-
16 938
chamber of commerce
-