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
₽ 167000
per

Your estimated
City
free-cash

Valencia , Spain
₽86066
₽68668
₽71940
₽89512
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
-
-
-
167 000
unemployment
-
-
-
506
income
-
-
-
51 923
other
-
-
-
73
accident
-
-
-
651
pensions
-
-
-
20 459
total
-
-
-
73 612
Employee
28 840
-
143 953
-
unemployment
447
-
1 120
-
pensions
1 356
-
3 398
-
income
5 560
-
49 245
-
other
28
-
73
-
total
7 391
-
53 836
-
Employer
28 840
-
143 953
-
pensions
6 806
-
17 062
-
accident
571
-
1 431
-
unemployment
1 587
-
3 976
-
other
231
-
579
-
total
9 195
-
23 048
-
Corporate
128 965
167 000
-
-
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.

19 344
25 050
-
-
total
19 344
25 050
-
-
Dividends
109 621
141 950
-
-
withholding
23 555
30 990
-
-
total
23 555
30 990
-
-
Income
167 000
167 000
167 000
167 000
Total tax
59 485
56 040
76 884
73 612
After tax
107 515
110 960
90 116
93 388
Living cost
21 448
21 448
21 448
21 448
Free-cash
86 066
89 512
68 668
71 940

Estimated living cost  is ₽21448 per week

₽14477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽4534
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
₽96642
₽76878
₽78279
₽101913
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
-
-
-
167 000
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.

-
-
-
28 466
income
-
-
-
28 620
other
-
-
-
5 633
health
-
-
-
5 219
total
-
-
-
67 938
Employee
28 320
-
136 965
-
health
397
-
1 661
-
unemployment
283
-
1 186
-
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.

1 982
-
8 302
-
income
4 876
-
28 154
-
total
7 538
-
39 303
-
Employer
28 320
-
136 965
-
health
397
-
1 661
-
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.

4 815
-
20 164
-
accident
226
-
1 095
-
unemployment
283
-
1 186
-
other
1 417
-
5 930
-
total
7 138
-
30 036
-
Corporate
131 543
167 000
-
-
income
27 624
35 069
-
-
total
27 624
35 069
-
-
Dividends
103 918
131 931
-
-
withholding
7 275
9 235
-
-
total
7 275
9 235
-
-
Income
167 000
167 000
167 000
167 000
Total tax
49 575
44 304
69 339
67 938
After tax
117 425
122 696
97 661
99 062
Living cost
20 783
20 783
20 783
20 783
Free-cash
96 642
101 913
76 878
78 279

Estimated living cost  is ₽20783 per week

₽14685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
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.
₽4361
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
₽128933
₽131315
₽124446
₽132557
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
-
-
-
167 000
pensions

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

-
-
-
4 033
unemployment
-
-
-
109
income
-
-
-
25 050
health
-
-
-
3 134
total
-
-
-
32 326
Employee
13 543
-
161 654
-
health
623
-
1 253
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
pensions

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

1 189
-
2 393
-
income
1 354
-
16 165
-
total
3 315
-
20 111
-
Employer
13 543
-
161 654
-
health
935
-
1 880
-
pensions

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

1 493
-
3 003
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
unemployment
81
-
163
-
total
2 658
-
5 346
-
Corporate
150 799
167 000
-
-
income
15 080
16 700
-
-
total
15 080
16 700
-
-
Dividends
135 719
150 300
-
-
withholding
6 786
7 515
-
-
total
6 786
7 515
-
-
Income
167 000
167 000
167 000
167 000
Total tax
27 839
24 215
25 457
32 326
After tax
139 161
142 785
141 543
134 674
Living cost
10 228
10 228
10 228
10 228
Free-cash
128 933
132 557
131 315
124 446

Estimated living cost  is ₽10228 per week

₽5971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
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.
₽3255
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
₽62089
₽61078
₽65432
₽57481
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
-
-
-
167 000
income
-
-
-
30 005
other
-
-
-
5 178
health
-
-
-
7 985
social contributions
-
-
-
4 757
pensions
-
-
-
26 957
surtax
-
-
-
-
total
-
-
-
74 882
Employee
33 382
-
127 752
-
pensions
3 774
-
9 503
-
income
1 970
-
26 845
-
social contributions
952
-
3 640
-
surtax
-
-
-
-
total
6 696
-
39 988
-
Employer
33 382
-
127 752
-
health
2 337
-
12 554
-
social contributions
101
-
383
-
pensions
5 484
-
15 888
-
unemployment
1 351
-
5 175
-
other
1 152
-
5 248
-
total
10 425
-
39 248
-
Corporate
123 193
167 000
-
-
income
34 494
46 760
-
-
surtax
-
-
-
-
total
34 494
46 760
-
-
Dividends
88 700
120 240
-
-
social contributions
15 256
20 682
-
-
surtax
-
-
-
-
withholding
11 354
15 391
-
-
total
26 610
36 073
-
-
Income
167 000
167 000
167 000
167 000
Total tax
78 225
82 833
79 236
74 882
After tax
88 775
84 167
87 764
92 118
Living cost
26 686
26 686
26 686
26 686
Free-cash
62 089
57 481
61 078
65 432

Estimated living cost  is ₽26686 per week

₽16826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
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
₽45669
₽74147
₽57464
₽50448
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
-
-
-
167 000
pensions
-
-
-
9 138
income
-
-
-
58 106
health
-
-
-
9 618
total
-
-
-
76 862
Employee
66 607
66 607
152 505
-
health
10 223
8 696
9 618
-
pensions
11 989
9 138
9 138
-
income

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

10 902
10 902
26 928
-
total
33 114
28 736
45 684
-
Employer
66 607
66 607
152 505
-
health
4 630
4 630
5 753
-
pensions
4 636
4 636
5 762
-
unemployment
2 398
2 398
2 980
-
total
11 664
11 664
14 495
-
Corporate
89 546
88 729
-
-
income
17 910
17 746
-
-
total
17 910
17 746
-
-
Dividends
71 637
70 984
-
-
income
15 223
15 084
-
-
withholding
10 746
10 648
-
-
total
25 969
25 732
-
-
Income
167 000
167 000
167 000
167 000
Total tax
88 657
83 878
60 179
76 862
After tax
78 343
83 122
106 821
90 138
Living cost
32 674
32 674
32 674
32 674
Free-cash
45 669
50 448
74 147
57 464

Estimated living cost  is ₽32674 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6054
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
₽69181
₽80121
₽59531
₽60555
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.

-
-
-
167 000
trade
-
-
-
20 590
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.

-
-
-
54 905
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.

-
-
-
5 329
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.

-
-
-
3 020
total
-
-
-
83 844
Employee

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

29 833
-
167 000
-
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.

5 329
-
5 329
-
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.

833
-
54 905
-
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
-
3 020
-
total
6 208
-
63 254
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 167
167 000
-
-
income
20 576
25 050
-
-
trade
21 604
26 302
-
-
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.

1 132
1 378
-
-
chamber of commerce
315
358
-
-
total
43 627
53 088
-
-
Dividends
93 540
113 911
-
-
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.

1 270
1 550
-
-
withholding
23 089
28 182
-
-
total
24 359
29 732
-
-
Income
167 000
167 000
167 000
167 000
Total tax
74 194
82 820
63 254
83 844
After tax
92 806
84 180
103 746
83 156
Living cost
23 625
23 625
23 625
23 625
Free-cash
69 181
60 555
80 121
59 531

Estimated living cost  is ₽23625 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
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
₽99426
₽93215
₽94603
₽103671
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
-
-
-
167 000
income
-
-
-
37 460
health
-
-
-
4 258
social contributions
-
-
-
12 620
total
-
-
-
54 338
Employee
59 977
59 977
157 375
-
health
465
1 020
2 675
-
income
6 530
5 552
36 712
-
social contributions
2 268
4 978
6 714
-
total
9 263
11 550
46 101
-
Employer
59 977
59 977
157 375
-
health
505
1 110
2 911
-
social contributions
2 268
4 978
6 714
-
total
2 773
6 088
9 625
-
Corporate
136 906
100 936
-
-
income
17 114
12 617
-
-
total
17 114
12 617
-
-
Dividends
119 793
88 319
-
-
withholding
20 365
15 015
-
-
total
20 365
15 015
-
-
Income
167 000
167 000
167 000
167 000
Total tax
49 515
45 270
55 726
54 338
After tax
117 485
121 730
111 274
112 662
Living cost
18 059
18 059
18 059
18 059
Free-cash
99 426
103 671
93 215
94 603

Estimated living cost  is ₽18059 per week

₽10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
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.
₽5065
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
₽69739
₽50346
₽63073
₽70526
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.

-
-
-
167 000
income
-
-
-
21 430
social contributions

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

-
-
-
58 032
surtax
-
-
-
-
total
-
-
-
79 462
Employee
35 873
-
134 949
-
income
7 462
-
45 252
-
social contributions
3 946
-
14 844
-
surtax
-
-
43
-
total
11 408
-
60 139
-
Employer
35 873
-
134 949
-
social contributions
8 520
-
32 050
-
total
8 520
-
32 050
-
Corporate
122 607
167 000
-
-
income
25 747
35 069
-
-
surtax
-
-
-
-
total
25 747
35 069
-
-
Dividends
96 860
131 931
-
-
withholding
27 121
36 940
-
-
total
27 121
36 940
-
-
Income
167 000
167 000
167 000
167 000
Total tax
72 796
72 009
92 189
79 462
After tax
94 204
94 991
74 811
87 538
Living cost
24 465
24 465
24 465
24 465
Free-cash
69 739
70 526
50 346
63 073

Estimated living cost  is ₽24465 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
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.
₽4309
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
₽151740
₽127781
₽159511
₽152831
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%.

-
-
-
167 000
microenterprise

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

-
-
-
1 670
total
-
-
-
1 670
Employee
7 274
-
167 000
-
income
1 455
-
33 400
-
total
1 455
-
33 400
-
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%.

159 726
167 000
-
-
total
-
-
-
-
Dividends
159 726
167 000
-
-
withholding
7 986
8 350
-
-
total
7 986
8 350
-
-
Income
167 000
167 000
167 000
167 000
Total tax
9 441
8 350
33 400
1 670
After tax
157 559
158 650
133 600
165 330
Living cost
5 819
5 819
5 819
5 819
Free-cash
151 740
152 831
127 781
159 511

Estimated living cost  is ₽5819 per week

₽3606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
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.
₽1569
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
₽87535
₽53878
₽57505
₽94059
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.

-
-
-
167 000
pensions
-
-
-
30 499
unemployment
-
-
-
250
income
-
-
-
41 392
health
-
-
-
16 433
total
-
-
-
88 574
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.

34 491
-
144 500
-
health
2 228
-
9 335
-
unemployment
49
-
203
-
pensions
5 346
-
22 398
-
income
5 948
-
37 765
-
total
13 571
-
69 701
-
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.

34 491
-
144 500
-
health
2 297
-
9 624
-
pensions
3 052
-
12 789
-
unemployment
21
-
87
-
total
5 370
-
22 500
-
Corporate
127 139
167 000
-
-
income
24 156
31 730
-
-
total
24 156
31 730
-
-
Dividends
102 983
135 270
-
-
withholding
15 447
20 290
-
-
total
15 447
20 290
-
-
Income
167 000
167 000
167 000
167 000
Total tax
58 544
52 020
92 201
88 574
After tax
108 456
114 980
74 799
78 426
Living cost
20 921
20 921
20 921
20 921
Free-cash
87 535
94 059
53 878
57 505

Estimated living cost  is ₽20921 per week

₽14358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽4818
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
₽78841
₽88621
₽108658
₽76116
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.

-
-
-
167 000
income
-
-
-
25 050
health

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

-
-
-
4 979
total
-
-
-
30 029
Employee
35 781
-
163 412
-
social contributions
3 585
-
3 588
-
income
3 882
-
42 890
-
total
7 467
-
46 478
-
Employer
35 781
-
163 412
-
social contributions
3 585
-
3 588
-
total
3 585
-
3 588
-
Corporate
127 634
167 000
-
-
income
44 673
58 450
-
-
total
44 673
58 450
-
-
Dividends
82 962
108 550
-
-
social contributions
4 121
4 121
-
-
total
4 121
4 121
-
-
Income
167 000
167 000
167 000
167 000
Total tax
59 846
62 571
50 066
30 029
After tax
107 154
104 429
116 934
136 971
Living cost
28 313
28 313
28 313
28 313
Free-cash
78 841
76 116
88 621
108 658

Estimated living cost  is ₽28313 per week

₽18650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽6997
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
₽85750
₽86396
₽90709
₽85344
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
-
-
-
167 000
income
-
-
-
25 050
health
-
-
-
11 656
social contributions
-
-
-
23 046
total
-
-
-
59 752
Employee
26 446
-
167 000
-
health
1 846
-
11 656
-
income
4 411
-
29 363
-
social contributions
3 650
-
23 046
-
total
9 907
-
64 065
-
Employer
26 446
-
167 000
-
total
-
-
-
-
Corporate
140 554
167 000
-
-
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%.

7 028
8 350
-
-
total
7 028
8 350
-
-
Dividends
133 526
158 650
-
-
social contributions
18 426
21 894
-
-
withholding
20 029
23 798
-
-
health
9 321
11 075
-
-
total
47 776
56 767
-
-
Income
167 000
167 000
167 000
167 000
Total tax
64 711
65 117
64 065
59 752
After tax
102 289
101 883
102 935
107 248
Living cost
16 539
16 539
16 539
16 539
Free-cash
85 750
85 344
86 396
90 709

Estimated living cost  is ₽16539 per week

₽11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1020
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.
₽4069
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
₽85339
₽69691
₽77045
₽93132
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
-
-
-
167 000
income
-
-
-
17 841
health
-
-
-
22 545
social contributions
-
-
-
25 512
solidarity contribution
-
-
-
2 210
total
-
-
-
68 108
Employee
32 129
-
133 172
-
health
4 337
-
17 978
-
solidarity contribution
-
-
1 550
-
income
3 855
-
16 427
-
social contributions
2 088
-
5 679
-
total
10 280
-
41 634
-
Employer
32 129
-
133 172
-
health
2 892
-
11 985
-
social contributions
8 032
-
21 843
-
total
10 924
-
33 828
-
Corporate
123 948
167 000
-
-
income
23 550
31 730
-
-
total
23 550
31 730
-
-
Dividends
100 398
135 270
-
-
withholding
15 060
20 291
-
-
total
15 060
20 291
-
-
Income
167 000
167 000
167 000
167 000
Total tax
59 814
52 021
75 462
68 108
After tax
107 186
114 979
91 538
98 892
Living cost
21 847
21 847
21 847
21 847
Free-cash
85 339
93 132
69 691
77 045

Estimated living cost  is ₽21847 per week

₽16247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽147882
₽124532
₽156262
₽149582
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%.

-
-
-
167 000
microenterprise

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

-
-
-
1 670
total
-
-
-
1 670
Employee
11 335
-
167 000
-
income
2 267
-
33 400
-
total
2 267
-
33 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

155 665
167 000
-
-
total
-
-
-
-
Dividends
155 665
167 000
-
-
withholding
7 783
8 350
-
-
total
7 783
8 350
-
-
Income
167 000
167 000
167 000
167 000
Total tax
10 050
8 350
33 400
1 670
After tax
156 950
158 650
133 600
165 330
Living cost
9 068
9 068
9 068
9 068
Free-cash
147 882
149 582
124 532
156 262

Estimated living cost  is ₽9068 per week

₽6136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽2247
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
₽51857
₽50092
₽54446
₽46495
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
-
-
-
167 000
income
-
-
-
30 005
other
-
-
-
5 178
health
-
-
-
7 985
social contributions
-
-
-
4 757
pensions
-
-
-
26 957
surtax
-
-
-
-
total
-
-
-
74 882
Employee
48 852
-
127 752
-
pensions
5 525
-
9 503
-
income
4 262
-
26 845
-
social contributions
1 391
-
3 640
-
surtax
-
-
-
-
total
11 178
-
39 988
-
Employer
48 852
-
127 752
-
health
3 419
-
12 554
-
social contributions
147
-
383
-
pensions
8 027
-
15 888
-
unemployment
1 979
-
5 175
-
other
1 686
-
5 248
-
total
15 258
-
39 248
-
Corporate
102 891
167 000
-
-
income
28 810
46 760
-
-
surtax
-
-
-
-
total
28 810
46 760
-
-
Dividends
74 081
120 240
-
-
social contributions
12 743
20 682
-
-
surtax
-
-
-
-
withholding
9 482
15 391
-
-
total
22 225
36 073
-
-
Income
167 000
167 000
167 000
167 000
Total tax
77 471
82 833
79 236
74 882
After tax
89 529
84 167
87 764
92 118
Living cost
37 672
37 672
37 672
37 672
Free-cash
51 857
46 495
50 092
54 446

Estimated living cost  is ₽37672 per week

₽25496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
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.
₽8577
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
₽103392
₽93344
₽93343
₽107217
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.

-
-
-
167 000
pensions
-
-
-
14 934
unemployment
-
-
-
862
income
-
-
-
38 504
health
-
-
-
5 916
total
-
-
-
60 216
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.

20 268
-
156 719
-
health
1 044
-
2 958
-
unemployment
152
-
431
-
pensions
2 837
-
8 041
-
income
2 794
-
38 504
-
total
6 827
-
49 934
-
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.

20 268
-
156 719
-
health
1 044
-
2 958
-
pensions
2 432
-
6 892
-
unemployment
152
-
431
-
total
3 628
-
10 281
-
Corporate
143 104
167 000
-
-
income
21 466
25 050
-
-
total
21 466
25 050
-
-
Dividends
121 639
141 950
-
-
withholding
18 246
21 292
-
-
total
18 246
21 292
-
-
Income
167 000
167 000
167 000
167 000
Total tax
50 167
46 342
60 215
60 216
After tax
116 833
120 658
106 785
106 784
Living cost
13 441
13 441
13 441
13 441
Free-cash
103 392
107 217
93 344
93 343

Estimated living cost  is ₽13441 per week

₽9050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
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.
₽2962
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
₽45708
₽72654
₽78205
₽22782
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
-
-
-
167 000
pensions
-
-
-
15 364
city
-
-
-
1 760
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.

-
-
-
3 340
health
-
-
-
376
regional
-
-
-
9 618
national
-
-
-
4 753
total
-
-
-
35 211
Employee
62 707
-
150 543
-
health
142
-
339
-
unemployment
-
-
-
-
city
673
-
1 631
-
pensions
5 268
-
11 452
-
regional
2 053
-
8 618
-
national
297
-
3 920
-
total
8 433
-
25 960
-
Employer
62 707
-
150 543
-
health
142
-
339
-
pensions
5 268
-
11 452
-
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.

1 254
-
3 011
-
total
6 664
-
14 802
-
Corporate
96 940
167 000
-
-
regional
20 503
35 321
-
-
national
8 239
14 194
-
-
total
28 742
49 515
-
-
Dividends
68 197
117 485
-
-
withholding
23 869
41 119
-
-
total
23 869
41 119
-
-
Income
167 000
167 000
167 000
167 000
Total tax
67 708
90 634
40 762
35 211
After tax
99 292
76 366
126 238
131 789
Living cost
53 584
53 584
53 584
53 584
Free-cash
45 708
22 782
72 654
78 205

Estimated living cost  is ₽53584 per week

₽34845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
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.
₽13272
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
₽75272
₽54337
₽73465
₽72860
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

-
-
-
167 000
municipal
-
-
-
29 655
health
-
-
-
2 247
national
-
-
-
31 688
total
-
-
-
63 590
Employee
41 036
-
140 489
-
health
306
-
1 838
-
unemployment
616
-
2 108
-
pensions
2 769
-
9 483
-
national
678
-
19 907
-
municipal
6 721
-
22 871
-
total
11 090
-
56 207
-
Employer
41 036
-
140 489
-
health
315
-
1 082
-
pensions
7 120
-
24 375
-
accident
41
-
141
-
unemployment
266
-
913
-
total
7 742
-
26 511
-
Corporate
118 221
167 000
-
-
income
23 644
33 400
-
-
total
23 644
33 400
-
-
Dividends

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

70 933
100 200
-
-
municipal
12 768
18 036
-
-
national
6 539
12 759
-
-
total
19 307
30 795
-
-
Income
167 000
167 000
167 000
167 000
Total tax
61 783
64 195
82 718
63 590
After tax
105 217
102 805
84 282
103 410
Living cost
29 945
29 945
29 945
29 945
Free-cash
75 272
72 860
54 337
73 465

Estimated living cost  is ₽29945 per week

₽19560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7029
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
₽53202
₽28704
₽44154
₽63677
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
-
-
-
167 000
communal

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

-
-
-
8 853
social contributions
-
-
-
19 446
national
-
-
-
66 108
total
-
-
-
94 407
Employee

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

55 792
-
129 346
-
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.

2 621
-
6 079
-
communal

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

2 910
-
6 747
-
unemployment

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

485
-
1 125
-
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.

4 184
-
9 701
-
national
17 153
-
48 552
-
total
27 353
-
72 204
-
Employer

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

55 792
-
129 346
-
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.

3 431
-
7 956
-
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.

4 944
-
11 459
-
surtax
6 326
-
14 668
-
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.

725
-
1 681
-
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.

814
-
1 889
-
total
16 240
-
37 653
-
Corporate
94 967
167 000
-
-
income
18 993
35 109
-
-
surtax
380
702
-
-
total
19 373
35 811
-
-
Dividends
75 594
131 189
-
-
withholding

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

22 393
39 073
-
-
total
22 393
39 073
-
-
Income
167 000
167 000
167 000
167 000
Total tax
85 359
74 884
109 857
94 407
After tax
81 641
92 116
57 143
72 593
Living cost
28 439
28 439
28 439
28 439
Free-cash
53 202
63 677
28 704
44 154

Estimated living cost  is ₽28439 per week

₽18318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽7189
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
₽56793
₽50161
₽50977
₽57548
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
-
-
-
167 000
unemployment
-
-
-
74
municipal
-
-
-
43 431
other
-
-
-
8 566
health
-
-
-
4 600
national
-
-
-
17 602
accident
-
-
-
147
pensions
-
-
-
7 969
total
-
-
-
82 389
Employee
47 926
-
143 839
-
national
-
-
17 151
-
municipal
14 292
-
42 893
-
total
14 292
-
60 044
-
Employer
47 926
-
143 839
-
health
2 947
-
4 533
-
pensions
5 181
-
7 969
-
accident
96
-
147
-
unemployment
1 265
-
1 946
-
other
5 569
-
8 566
-
total
15 058
-
23 161
-
Corporate
104 016
167 000
-
-
income
22 883
36 740
-
-
total
22 883
36 740
-
-
Dividends
81 132
130 260
-
-
withholding
24 340
39 078
-
-
total
24 340
39 078
-
-
Income
167 000
167 000
167 000
167 000
Total tax
76 573
75 818
83 205
82 389
After tax
90 427
91 182
83 795
84 611
Living cost
33 634
33 634
33 634
33 634
Free-cash
56 793
57 548
50 161
50 977

Estimated living cost  is ₽33634 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7532
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
₽23653
₽118619
₽78333
₽64526
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
-
-
-
167 000
income
-
-
-
32 552
social contributions
-
-
-
19 038
total
-
-
-
51 590
Employee
53 163
-
-
-
income
11 727
-
-
-
social contributions
4 359
-
621
-
total
16 086
-
621
-
Employer
53 163
-
-
-
social contributions
74 960
-
10 683
-
total
74 960
-
10 683
-
Corporate
38 877
167 000
-
-
income
8 553
36 740
-
-
total
8 553
36 740
-
-
Dividends
30 324
130 260
-
-
income
6 671
28 657
-
-
total
6 671
28 657
-
-
Income
167 000
167 000
167 000
167 000
Total tax
106 270
65 397
11 304
51 590
After tax
60 730
101 603
155 696
115 410
Living cost
37 077
37 077
37 077
37 077
Free-cash
23 653
64 526
118 619
78 333

Estimated living cost  is ₽37077 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9060
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
₽93198
₽85975
₽87363
₽96431
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
-
-
-
167 000
income
-
-
-
37 460
health
-
-
-
4 258
social contributions
-
-
-
12 620
total
-
-
-
54 338
Employee
59 977
59 977
157 375
-
health
597
1 020
2 675
-
income
6 298
5 552
36 712
-
social contributions
2 914
4 978
6 714
-
total
9 809
11 550
46 101
-
Employer
59 977
59 977
157 375
-
health
650
1 110
2 911
-
social contributions
2 914
4 978
6 714
-
total
3 564
6 088
9 625
-
Corporate
128 328
100 936
-
-
income
16 040
12 617
-
-
total
16 040
12 617
-
-
Dividends
112 288
88 319
-
-
withholding
19 090
15 015
-
-
total
19 090
15 015
-
-
Income
167 000
167 000
167 000
167 000
Total tax
48 503
45 270
55 726
54 338
After tax
118 497
121 730
111 274
112 662
Living cost
25 299
25 299
25 299
25 299
Free-cash
93 198
96 431
85 975
87 363

Estimated living cost  is ₽25299 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5604
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
₽82082
₽65232
₽80158
₽77616
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
-
-
-
167 000
income
-
-
-
51 352
pensions
-
-
-
7 470
total
-
-
-
58 822
Employee
38 461
-
145 568
-
health
502
-
1 977
-
pensions
2 936
-
8 938
-
income
7 004
-
41 401
-
total
10 442
-
52 316
-
Employer
38 461
-
145 568
-
health
731
-
2 766
-
pensions
3 886
-
18 666
-
total
4 617
-
21 432
-
Corporate
123 922
167 000
-
-
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.

23 546
31 731
-
-
total
23 546
31 731
-
-
Dividends
100 377
135 269
-
-
withholding
18 293
29 633
-
-
total
18 293
29 633
-
-
Income
167 000
167 000
167 000
167 000
Total tax
56 898
61 364
73 748
58 822
After tax
110 102
105 636
93 252
108 178
Living cost
28 020
28 020
28 020
28 020
Free-cash
82 082
77 616
65 232
80 158

Estimated living cost  is ₽28020 per week

₽19221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5869
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
₽53344
₽40418
₽46824
₽56892
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
-
-
-
167 000
municipal
-
-
-
1 152
regional
-
-
-
4 000
social contributions
-
-
-
39 038
national
-
-
-
44 914
total
-
-
-
89 104
Employee
65 726
-
167 000
-
social contributions
22 162
-
51 179
-
regional
992
-
3 596
-
national
11 107
-
39 693
-
municipal
392
-
1 042
-
total
34 653
-
95 510
-
Employer
65 726
-
167 000
-
total
-
-
-
-
Corporate
101 274
167 000
-
-
nationa
24 306
40 080
-
-
municipal
4 882
8 049
-
-
total
29 188
48 129
-
-
Dividends
72 087
118 871
-
-
withholding
18 743
30 907
-
-
total
18 743
30 907
-
-
Income
167 000
167 000
167 000
167 000
Total tax
82 584
79 036
95 510
89 104
After tax
84 416
87 964
71 490
77 896
Living cost
31 072
31 072
31 072
31 072
Free-cash
53 344
56 892
40 418
46 824

Estimated living cost  is ₽31072 per week

₽21826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6638
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
₽10944
₽75005
₽97209
-₽3310
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
-
-
-
167 000
pensions
-
-
-
3 184
income
-
-
-
47 624
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
52 954
Employee
26 486
-
152 294
-
health
3 033
-
17 438
-
pensions
2 982
-
5 839
-
income
3 634
-
37 175
-
total
9 649
-
60 452
-
Employer
26 486
-
152 294
-
pensions
4 307
-
8 432
-
accident
442
-
2 543
-
unemployment
649
-
3 731
-
total
5 398
-
14 706
-
Corporate
135 116
167 000
-
-
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.

121 605
150 300
-
-
total
121 605
150 300
-
-
Dividends
13 512
16 700
-
-
withholding
2 567
3 173
-
-
total
2 567
3 173
-
-
Income
167 000
167 000
167 000
167 000
Total tax
139 219
153 473
75 158
52 954
After tax
27 781
13 527
91 842
114 046
Living cost
16 837
16 837
16 837
16 837
Free-cash
10 944
-3 310
75 005
97 209

Estimated living cost  is ₽16837 per week

₽12340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3213
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
₽65988
₽73633
₽54872
₽55784
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.

-
-
-
167 000
trade
-
-
-
18 761
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.

-
-
-
54 905
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.

-
-
-
5 329
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.

-
-
-
3 020
total
-
-
-
82 015
Employee

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

38 809
-
167 000
-
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.

5 329
-
5 329
-
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.

3 191
-
54 905
-
surtax

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

176
-
3 020
-
total
8 696
-
63 254
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 191
167 000
-
-
income
19 229
25 050
-
-
trade
18 395
23 965
-
-
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.

1 058
1 378
-
-
chamber of commerce
306
363
-
-
total
38 988
50 756
-
-
Dividends
89 203
116 244
-
-
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.

1 211
1 582
-
-
withholding
22 004
28 765
-
-
total
23 215
30 347
-
-
Income
167 000
167 000
167 000
167 000
Total tax
70 899
81 103
63 254
82 015
After tax
96 101
85 897
103 746
84 985
Living cost
30 113
30 113
30 113
30 113
Free-cash
65 988
55 784
73 633
54 872

Estimated living cost  is ₽30113 per week

₽20772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽5663
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
₽110975
₽55935
₽43944
₽117373
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.

-
-
-
167 000
income
-
-
-
34 359
microenterprise
-
-
-
-
social contributions

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

-
-
-
29 884
surtax
-
-
-
42 586
total
-
-
-
106 829
Employee
22 791
-
130 276
-
income
4 057
-
28 999
-
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.

2 507
-
10 225
-
surtax
-
-
18 890
-
total
6 564
-
58 114
-
Employer
22 791
-
130 276
-
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.

5 490
-
22 393
-
surtax
-
-
14 331
-
total
5 490
-
36 724
-
Corporate
138 719
167 000
-
-
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%.

27 744
33 400
-
-
total
27 744
33 400
-
-
Dividends

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

110 975
133 600
-
-
total
-
-
-
-
Income
167 000
167 000
167 000
167 000
Total tax
39 798
33 400
94 838
106 829
After tax
127 202
133 600
72 162
60 171
Living cost
16 227
16 227
16 227
16 227
Free-cash
110 975
117 373
55 935
43 944

Estimated living cost  is ₽16227 per week

₽10352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
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.
₽3961
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
₽92706
₽92167
₽92869
₽94329
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
-
-
-
167 000
income
-
-
-
51 821
health
-
-
-
5 225
pensions
-
-
-
7 206
total
-
-
-
64 252
Employee
15 047
-
158 893
-
health
752
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
51 442
-
total
5 168
-
56 847
-
Employer
15 047
-
158 893
-
health
1 430
-
3 423
-
pensions
1 655
-
3 963
-
unemployment
301
-
721
-
total
3 386
-
8 107
-
Corporate
148 567
167 000
-
-
income
32 685
36 740
-
-
total
32 685
36 740
-
-
Dividends
115 882
130 260
-
-
withholding
23 176
26 052
-
-
total
23 176
26 052
-
-
Income
167 000
167 000
167 000
167 000
Total tax
64 415
62 792
64 954
64 252
After tax
102 585
104 208
102 046
102 748
Living cost
9 879
9 879
9 879
9 879
Free-cash
92 706
94 329
92 167
92 869

Estimated living cost  is ₽9879 per week

₽5871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
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.
₽2981
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
₽85045
₽56350
₽61117
₽87524
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
-
-
-
167 000
pensions
-
-
-
20 820
unemployment
-
-
-
178
income
-
-
-
51 422
other
-
-
-
-
health
-
-
-
7 390
surtax
-
-
-
8 554
total
-
-
-
88 364
Employee
26 267
-
145 088
-
health
671
-
2 654
-
unemployment
1 828
-
7 245
-
pensions
1 753
-
6 943
-
income
4 403
-
46 757
-
other
-
-
-
-
surtax
93
-
7 621
-
total
8 748
-
71 220
-
Employer
26 267
-
145 088
-
health
1 194
-
4 736
-
pensions
3 502
-
13 876
-
unemployment
833
-
3 299
-
other
-
-
-
-
total
5 529
-
21 911
-
Corporate
135 203
167 000
-
-
income
35 152
43 420
-
-
total
35 152
43 420
-
-
Dividends
100 051
123 580
-
-
withholding
15 007
18 537
-
-
total
15 007
18 537
-
-
Income
167 000
167 000
167 000
167 000
Total tax
64 436
61 957
93 131
88 364
After tax
102 564
105 043
73 869
78 636
Living cost
17 519
17 519
17 519
17 519
Free-cash
85 045
87 524
56 350
61 117

Estimated living cost  is ₽17519 per week

₽10577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5013
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
₽66931
₽19026
₽60961
₽67320
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
-
-
-
167 000
pensions
-
-
-
16 857
chamber of commerce
-