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
₽ 167500
per

Your estimated
City
free-cash

Valencia , Spain
₽86283
₽68830
₽72120
₽89744
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
-
-
-
167 500
unemployment
-
-
-
509
income
-
-
-
52 037
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
73 829
Employee
28 978
-
144 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
49 347
-
other
28
-
73
-
total
7 426
-
53 961
-
Employer
28 978
-
144 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
129 283
167 500
-
-
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.

19 392
25 125
-
-
total
19 392
25 125
-
-
Dividends
109 891
142 375
-
-
withholding
23 610
31 080
-
-
total
23 610
31 080
-
-
Income
167 500
167 500
167 500
167 500
Total tax
59 666
56 205
77 119
73 829
After tax
107 834
111 295
90 381
93 671
Living cost
21 551
21 551
21 551
21 551
Free-cash
86 283
89 744
68 830
72 120

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
₽96886
₽77023
₽78428
₽102181
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
-
-
-
167 500
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
-
-
-
28 683
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
68 189
Employee
28 456
-
137 323
-
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
-
28 214
-
total
7 573
-
39 416
-
Employer
28 456
-
137 323
-
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
-
1 099
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 178
-
Corporate
131 873
167 500
-
-
income
27 694
35 174
-
-
total
27 694
35 174
-
-
Dividends
104 179
132 326
-
-
withholding
7 292
9 262
-
-
total
7 292
9 262
-
-
Income
167 500
167 500
167 500
167 500
Total tax
49 731
44 436
69 594
68 189
After tax
117 769
123 064
97 906
99 311
Living cost
20 883
20 883
20 883
20 883
Free-cash
96 886
102 181
77 023
78 428

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
₽129302
₽131685
₽124799
₽132943
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
-
-
-
167 500
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
-
-
-
25 125
health
-
-
-
3 147
total
-
-
-
32 431
Employee
13 600
-
162 132
-
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
-
16 214
-
total
3 330
-
20 177
-
Employer
13 600
-
162 132
-
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
151 232
167 500
-
-
income
15 123
16 750
-
-
total
15 123
16 750
-
-
Dividends
136 109
150 750
-
-
withholding
6 806
7 537
-
-
total
6 806
7 537
-
-
Income
167 500
167 500
167 500
167 500
Total tax
27 928
24 287
25 545
32 431
After tax
139 572
143 213
141 955
135 069
Living cost
10 270
10 270
10 270
10 270
Free-cash
129 302
132 943
131 685
124 799

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
₽62237
₽61266
₽65609
₽57608
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
-
-
-
167 500
income
-
-
-
30 052
other
-
-
-
5 192
health
-
-
-
8 001
social contributions
-
-
-
4 773
pensions
-
-
-
27 060
surtax
-
-
-
-
total
-
-
-
75 078
Employee
33 541
-
128 146
-
pensions
3 792
-
9 527
-
income
1 980
-
26 894
-
social contributions
956
-
3 651
-
surtax
-
-
-
-
total
6 728
-
40 072
-
Employer
33 541
-
128 146
-
health
2 348
-
12 587
-
social contributions
101
-
384
-
pensions
5 510
-
15 927
-
unemployment
1 358
-
5 190
-
other
1 157
-
5 261
-
total
10 474
-
39 349
-
Corporate
123 484
167 500
-
-
income
34 575
46 900
-
-
surtax
-
-
-
-
total
34 575
46 900
-
-
Dividends
88 909
120 600
-
-
social contributions
15 293
20 742
-
-
surtax
-
-
-
-
withholding
11 380
15 437
-
-
total
26 673
36 179
-
-
Income
167 500
167 500
167 500
167 500
Total tax
78 450
83 079
79 421
75 078
After tax
89 050
84 421
88 079
92 422
Living cost
26 813
26 813
26 813
26 813
Free-cash
62 237
57 608
61 266
65 609

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
₽45734
₽74308
₽57594
₽50537
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
-
-
-
167 500
pensions
-
-
-
9 182
income
-
-
-
58 229
health
-
-
-
9 664
total
-
-
-
77 075
Employee
66 925
66 925
152 936
-
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
26 950
-
total
33 274
28 874
45 796
-
Employer
66 925
66 925
152 936
-
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
89 676
88 855
-
-
income
17 936
17 771
-
-
total
17 936
17 771
-
-
Dividends
71 740
71 084
-
-
income
15 244
15 106
-
-
withholding
10 762
10 662
-
-
total
26 006
25 768
-
-
Income
167 500
167 500
167 500
167 500
Total tax
88 935
84 132
60 361
77 075
After tax
78 565
83 368
107 139
90 425
Living cost
32 831
32 831
32 831
32 831
Free-cash
45 734
50 537
74 308
57 594

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
₽69362
₽80338
₽59695
₽60694
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.

-
-
-
167 500
trade
-
-
-
20 643
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.

-
-
-
55 042
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.

-
-
-
3 028
total
-
-
-
84 067
Employee

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

29 975
-
167 500
-
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
-
55 042
-
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
-
3 028
-
total
6 237
-
63 424
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 525
167 500
-
-
income
20 629
25 125
-
-
trade
21 660
26 382
-
-
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.

1 135
1 382
-
-
chamber of commerce
317
360
-
-
total
43 741
53 249
-
-
Dividends
93 784
114 251
-
-
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.

1 273
1 554
-
-
withholding
23 149
28 265
-
-
total
24 422
29 819
-
-
Income
167 500
167 500
167 500
167 500
Total tax
74 400
83 068
63 424
84 067
After tax
93 100
84 432
104 076
83 433
Living cost
23 738
23 738
23 738
23 738
Free-cash
69 362
60 694
80 338
59 695

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
₽99687
₽93474
₽94866
₽103950
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
-
-
-
167 500
income
-
-
-
37 538
health
-
-
-
4 271
social contributions
-
-
-
12 680
total
-
-
-
54 489
Employee
60 263
60 263
157 834
-
health
467
1 025
2 683
-
income
6 562
5 579
36 787
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
46 216
-
Employer
60 263
60 263
157 834
-
health
507
1 115
2 919
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 665
-
Corporate
137 262
101 120
-
-
income
17 158
12 640
-
-
total
17 158
12 640
-
-
Dividends
120 104
88 480
-
-
withholding
20 418
15 042
-
-
total
20 418
15 042
-
-
Income
167 500
167 500
167 500
167 500
Total tax
49 668
45 405
55 881
54 489
After tax
117 832
122 095
111 619
113 011
Living cost
18 145
18 145
18 145
18 145
Free-cash
99 687
103 950
93 474
94 866

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
₽69903
₽50479
₽63233
₽70693
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.

-
-
-
167 500
income
-
-
-
21 479
social contributions

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

-
-
-
58 206
surtax
-
-
-
-
total
-
-
-
79 685
Employee
36 044
-
135 354
-
income
7 497
-
45 367
-
social contributions
3 965
-
14 889
-
surtax
-
-
37
-
total
11 462
-
60 293
-
Employer
36 044
-
135 354
-
social contributions
8 560
-
32 146
-
total
8 560
-
32 146
-
Corporate
122 895
167 500
-
-
income
25 808
35 174
-
-
surtax
-
-
-
-
total
25 808
35 174
-
-
Dividends
97 087
132 326
-
-
withholding
27 185
37 051
-
-
total
27 185
37 051
-
-
Income
167 500
167 500
167 500
167 500
Total tax
73 015
72 225
92 439
79 685
After tax
94 485
95 275
75 061
87 815
Living cost
24 582
24 582
24 582
24 582
Free-cash
69 903
70 693
50 479
63 233

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
₽151913
₽127926
₽159751
₽153051
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%.

-
-
-
167 500
microenterprise

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

-
-
-
1 675
total
-
-
-
1 675
Employee
7 592
-
167 500
-
income
1 518
-
33 500
-
total
1 518
-
33 500
-
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%.

159 908
167 500
-
-
total
-
-
-
-
Dividends
159 908
167 500
-
-
withholding
7 995
8 375
-
-
total
7 995
8 375
-
-
Income
167 500
167 500
167 500
167 500
Total tax
9 513
8 375
33 500
1 675
After tax
157 987
159 125
134 000
165 825
Living cost
6 074
6 074
6 074
6 074
Free-cash
151 913
153 051
127 926
159 751

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
₽87748
₽54037
₽57674
₽94303
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.

-
-
-
167 500
pensions
-
-
-
30 589
unemployment
-
-
-
251
income
-
-
-
41 484
health
-
-
-
16 481
total
-
-
-
88 805
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
-
144 934
-
health
2 238
-
9 362
-
unemployment
49
-
202
-
pensions
5 372
-
22 465
-
income
5 976
-
37 848
-
total
13 635
-
69 877
-
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
-
144 934
-
health
2 308
-
9 652
-
pensions
3 067
-
12 827
-
unemployment
21
-
86
-
total
5 396
-
22 565
-
Corporate
127 449
167 500
-
-
income
24 215
31 825
-
-
total
24 215
31 825
-
-
Dividends
103 234
135 675
-
-
withholding
15 485
20 351
-
-
total
15 485
20 351
-
-
Income
167 500
167 500
167 500
167 500
Total tax
58 731
52 176
92 442
88 805
After tax
108 769
115 324
75 058
78 695
Living cost
21 021
21 021
21 021
21 021
Free-cash
87 748
94 303
54 037
57 674

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
₽79026
₽88850
₽108971
₽76286
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.

-
-
-
167 500
income
-
-
-
25 125
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
-
-
-
30 080
Employee
35 952
-
163 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
42 991
-
total
7 503
-
46 596
-
Employer
35 952
-
163 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
127 946
167 500
-
-
income
44 780
58 625
-
-
total
44 780
58 625
-
-
Dividends
83 166
108 875
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
167 500
167 500
167 500
167 500
Total tax
60 025
62 765
50 201
30 080
After tax
107 475
104 735
117 299
137 420
Living cost
28 449
28 449
28 449
28 449
Free-cash
79 026
76 286
88 850
108 971

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
₽85979
₽86632
₽90951
₽85572
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
-
-
-
167 500
income
-
-
-
25 125
health
-
-
-
11 691
social contributions
-
-
-
23 115
total
-
-
-
59 931
Employee
26 572
-
167 500
-
health
1 855
-
11 691
-
income
4 432
-
29 444
-
social contributions
3 668
-
23 115
-
total
9 955
-
64 250
-
Employer
26 572
-
167 500
-
total
-
-
-
-
Corporate
140 928
167 500
-
-
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%.

7 046
8 375
-
-
total
7 046
8 375
-
-
Dividends
133 881
159 125
-
-
social contributions
18 476
21 959
-
-
withholding
20 082
23 869
-
-
health
9 344
11 107
-
-
total
47 902
56 935
-
-
Income
167 500
167 500
167 500
167 500
Total tax
64 903
65 310
64 250
59 931
After tax
102 597
102 190
103 250
107 569
Living cost
16 618
16 618
16 618
16 618
Free-cash
85 979
85 572
86 632
90 951

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
₽85562
₽69862
₽77234
₽93387
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
-
-
-
167 500
income
-
-
-
17 891
health
-
-
-
22 613
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
2 208
total
-
-
-
68 329
Employee
32 261
-
133 548
-
health
4 355
-
18 029
-
solidarity contribution
-
-
1 546
-
income
3 871
-
16 473
-
social contributions
2 097
-
5 702
-
total
10 323
-
41 750
-
Employer
32 261
-
133 548
-
health
2 903
-
12 019
-
social contributions
8 065
-
21 932
-
total
10 968
-
33 951
-
Corporate
124 271
167 500
-
-
income
23 611
31 825
-
-
total
23 611
31 825
-
-
Dividends
100 659
135 675
-
-
withholding
15 099
20 351
-
-
total
15 099
20 351
-
-
Income
167 500
167 500
167 500
167 500
Total tax
60 001
52 176
75 701
68 329
After tax
107 499
115 324
91 799
99 171
Living cost
21 937
21 937
21 937
21 937
Free-cash
85 562
93 387
69 862
77 234

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
₽147886
₽124535
₽156360
₽149660
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%.

-
-
-
167 500
microenterprise

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

-
-
-
1 675
total
-
-
-
1 675
Employee
11 832
-
167 500
-
income
2 366
-
33 500
-
total
2 366
-
33 500
-
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%.

155 668
167 500
-
-
total
-
-
-
-
Dividends
155 668
167 500
-
-
withholding
7 783
8 375
-
-
total
7 783
8 375
-
-
Income
167 500
167 500
167 500
167 500
Total tax
10 149
8 375
33 500
1 675
After tax
157 351
159 125
134 000
165 825
Living cost
9 465
9 465
9 465
9 465
Free-cash
147 886
149 660
124 535
156 360

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
₽51956
₽50227
₽54570
₽46569
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
-
-
-
167 500
income
-
-
-
30 052
other
-
-
-
5 192
health
-
-
-
8 001
social contributions
-
-
-
4 773
pensions
-
-
-
27 060
surtax
-
-
-
-
total
-
-
-
75 078
Employee
49 085
-
128 146
-
pensions
5 552
-
9 527
-
income
4 283
-
26 894
-
social contributions
1 398
-
3 651
-
surtax
-
-
-
-
total
11 233
-
40 072
-
Employer
49 085
-
128 146
-
health
3 435
-
12 587
-
social contributions
147
-
384
-
pensions
8 065
-
15 927
-
unemployment
1 988
-
5 190
-
other
1 694
-
5 261
-
total
15 329
-
39 349
-
Corporate
103 085
167 500
-
-
income
28 864
46 900
-
-
surtax
-
-
-
-
total
28 864
46 900
-
-
Dividends
74 221
120 600
-
-
social contributions
12 766
20 742
-
-
surtax
-
-
-
-
withholding
9 500
15 437
-
-
total
22 266
36 179
-
-
Income
167 500
167 500
167 500
167 500
Total tax
77 692
83 079
79 421
75 078
After tax
89 808
84 421
88 079
92 422
Living cost
37 852
37 852
37 852
37 852
Free-cash
51 956
46 569
50 227
54 570

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
₽103662
₽93550
₽93550
₽107507
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.

-
-
-
167 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
38 611
health
-
-
-
5 948
total
-
-
-
60 438
Employee

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

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

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

20 376
-
157 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
38 611
-
total
6 864
-
50 102
-
Employer

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

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

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

20 376
-
157 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
143 477
167 500
-
-
income
21 522
25 125
-
-
total
21 522
25 125
-
-
Dividends
121 956
142 375
-
-
withholding
18 293
21 356
-
-
total
18 293
21 356
-
-
Income
167 500
167 500
167 500
167 500
Total tax
50 326
46 481
60 438
60 438
After tax
117 174
121 019
107 062
107 062
Living cost
13 512
13 512
13 512
13 512
Free-cash
103 662
107 507
93 550
93 550

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽46106
₽73309
₽78780
₽23304
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
-
-
-
167 500
pensions
-
-
-
15 410
city
-
-
-
1 766
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.

-
-
-
3 350
health
-
-
-
376
regional
-
-
-
9 691
national
-
-
-
4 838
total
-
-
-
35 431
Employee
62 361
-
151 026
-
health
141
-
339
-
unemployment
-
-
-
-
city
669
-
1 637
-
pensions
5 239
-
11 453
-
regional
2 042
-
8 680
-
national
295
-
3 980
-
total
8 386
-
26 089
-
Employer
62 361
-
151 026
-
health
141
-
339
-
pensions
5 239
-
11 453
-
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
-
3 021
-
total
6 627
-
14 813
-
Corporate
97 826
167 500
-
-
regional
20 690
35 426
-
-
national
8 315
14 238
-
-
total
29 005
49 664
-
-
Dividends
68 821
117 836
-
-
withholding
24 087
41 243
-
-
total
24 087
41 243
-
-
Income
167 500
167 500
167 500
167 500
Total tax
68 105
90 907
40 902
35 431
After tax
99 395
76 593
126 598
132 069
Living cost
53 289
53 289
53 289
53 289
Free-cash
46 106
23 304
73 309
78 780

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
₽75459
₽54483
₽73667
₽73039
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

-
-
-
167 500
municipal
-
-
-
29 745
health
-
-
-
2 252
national
-
-
-
31 747
total
-
-
-
63 744
Employee
41 232
-
140 908
-
health
308
-
1 843
-
unemployment
619
-
2 113
-
pensions
2 783
-
9 511
-
national
681
-
19 932
-
municipal
6 754
-
22 939
-
total
11 145
-
56 338
-
Employer
41 232
-
140 908
-
health
317
-
1 086
-
pensions
7 154
-
24 447
-
accident
42
-
141
-
unemployment
268
-
916
-
total
7 781
-
26 590
-
Corporate
118 488
167 500
-
-
income
23 698
33 500
-
-
total
23 698
33 500
-
-
Dividends

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

71 093
100 500
-
-
municipal
12 796
18 091
-
-
national
6 532
12 781
-
-
total
19 328
30 872
-
-
Income
167 500
167 500
167 500
167 500
Total tax
61 952
64 372
82 928
63 744
After tax
105 548
103 128
84 572
103 756
Living cost
30 089
30 089
30 089
30 089
Free-cash
75 459
73 039
54 483
73 667

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
₽53287
₽28751
₽44234
₽63837
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
-
-
-
167 500
communal

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

-
-
-
8 877
social contributions
-
-
-
19 539
national
-
-
-
66 275
total
-
-
-
94 691
Employee

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

56 059
-
129 733
-
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
-
6 098
-
communal

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

2 924
-
6 767
-
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
-
1 129
-
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
-
9 729
-
national
17 235
-
48 683
-
total
27 485
-
72 406
-
Employer

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

56 059
-
129 733
-
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
-
7 979
-
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
-
11 495
-
surtax
6 356
-
14 712
-
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
-
1 687
-
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
-
1 895
-
total
16 317
-
37 768
-
Corporate
95 123
167 500
-
-
income
19 025
35 189
-
-
surtax
381
703
-
-
total
19 406
35 892
-
-
Dividends
75 718
131 607
-
-
withholding

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

22 430
39 196
-
-
total
22 430
39 196
-
-
Income
167 500
167 500
167 500
167 500
Total tax
85 638
75 088
110 174
94 691
After tax
81 862
92 412
57 326
72 809
Living cost
28 575
28 575
28 575
28 575
Free-cash
53 287
63 837
28 751
44 234

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
₽56679
₽50103
₽50928
₽57443
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
-
-
-
167 500
unemployment
-
-
-
75
municipal
-
-
-
43 509
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
17 456
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
82 560
Employee
48 465
-
144 078
-
national
-
-
17 000
-
municipal
14 452
-
42 964
-
total
14 452
-
59 964
-
Employer
48 465
-
144 078
-
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
103 808
167 500
-
-
income
22 838
36 850
-
-
total
22 838
36 850
-
-
Dividends
80 970
130 650
-
-
withholding
24 291
39 195
-
-
total
24 291
39 195
-
-
Income
167 500
167 500
167 500
167 500
Total tax
76 809
76 045
83 385
82 560
After tax
90 691
91 455
84 115
84 940
Living cost
34 012
34 012
34 012
34 012
Free-cash
56 679
57 443
50 103
50 928

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
₽22274
₽118074
₽77879
₽64030
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
-
-
-
167 500
income
-
-
-
32 649
social contributions
-
-
-
19 095
total
-
-
-
51 744
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
36 612
167 500
-
-
income
8 055
36 850
-
-
total
8 055
36 850
-
-
Dividends
28 557
130 650
-
-
income
6 283
28 743
-
-
total
6 283
28 743
-
-
Income
167 500
167 500
167 500
167 500
Total tax
107 349
65 593
11 549
51 744
After tax
60 151
101 907
155 951
115 756
Living cost
37 877
37 877
37 877
37 877
Free-cash
22 274
64 030
118 074
77 879

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
₽93429
₽86200
₽87592
₽96676
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
-
-
-
167 500
income
-
-
-
37 538
health
-
-
-
4 271
social contributions
-
-
-
12 680
total
-
-
-
54 489
Employee
60 263
60 263
157 834
-
health
599
1 025
2 683
-
income
6 328
5 579
36 787
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
46 216
-
Employer
60 263
60 263
157 834
-
health
653
1 115
2 919
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 665
-
Corporate
128 643
101 120
-
-
income
16 080
12 640
-
-
total
16 080
12 640
-
-
Dividends
112 563
88 480
-
-
withholding
19 136
15 042
-
-
total
19 136
15 042
-
-
Income
167 500
167 500
167 500
167 500
Total tax
48 652
45 405
55 881
54 489
After tax
118 848
122 095
111 619
113 011
Living cost
25 419
25 419
25 419
25 419
Free-cash
93 429
96 676
86 200
87 592

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
₽82317
₽65405
₽80377
₽77833
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
-
-
-
167 500
income
-
-
-
51 491
pensions
-
-
-
7 496
total
-
-
-
58 987
Employee
38 621
-
146 005
-
health
504
-
1 984
-
pensions
2 948
-
8 972
-
income
7 033
-
41 508
-
total
10 485
-
52 464
-
Employer
38 621
-
146 005
-
health
734
-
2 774
-
pensions
3 902
-
18 721
-
total
4 636
-
21 495
-
Corporate
124 243
167 500
-
-
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.

23 607
31 824
-
-
total
23 607
31 824
-
-
Dividends
100 637
135 676
-
-
withholding
18 319
29 707
-
-
total
18 319
29 707
-
-
Income
167 500
167 500
167 500
167 500
Total tax
57 047
61 531
73 959
58 987
After tax
110 453
105 969
93 541
108 513
Living cost
28 136
28 136
28 136
28 136
Free-cash
82 317
77 833
65 405
80 377

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
₽53442
₽40452
₽46890
₽57007
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
-
-
-
167 500
municipal
-
-
-
1 154
regional
-
-
-
4 010
social contributions
-
-
-
39 224
national
-
-
-
45 001
total
-
-
-
89 389
Employee
66 040
-
167 500
-
social contributions
22 268
-
51 424
-
regional
997
-
3 604
-
national
11 160
-
39 755
-
municipal
394
-
1 044
-
total
34 819
-
95 827
-
Employer
66 040
-
167 500
-
total
-
-
-
-
Corporate
101 460
167 500
-
-
nationa
24 350
40 200
-
-
municipal
4 890
8 074
-
-
total
29 240
48 274
-
-
Dividends
72 220
119 226
-
-
withholding
18 778
30 998
-
-
total
18 778
30 998
-
-
Income
167 500
167 500
167 500
167 500
Total tax
82 837
79 272
95 827
89 389
After tax
84 663
88 228
71 673
78 111
Living cost
31 221
31 221
31 221
31 221
Free-cash
53 442
57 007
40 452
46 890

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
₽10999
₽75423
₽97646
-₽3169
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
-
-
-
167 500
pensions
-
-
-
3 165
income
-
-
-
47 819
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
53 117
Employee
26 328
-
152 822
-
health
3 015
-
17 498
-
pensions
2 965
-
5 804
-
income
3 612
-
37 361
-
total
9 592
-
60 663
-
Employer
26 328
-
152 822
-
pensions
4 281
-
8 381
-
accident
440
-
2 552
-
unemployment
645
-
3 744
-
total
5 366
-
14 677
-
Corporate
135 807
167 500
-
-
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.

122 226
150 750
-
-
total
122 226
150 750
-
-
Dividends
13 581
16 750
-
-
withholding
2 580
3 182
-
-
total
2 580
3 182
-
-
Income
167 500
167 500
167 500
167 500
Total tax
139 764
153 932
75 340
53 117
After tax
27 736
13 568
92 160
114 383
Living cost
16 737
16 737
16 737
16 737
Free-cash
10 999
-3 169
75 423
97 646

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
₽66151
₽73819
₽55012
₽55897
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.

-
-
-
167 500
trade
-
-
-
18 807
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.

-
-
-
55 042
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.

-
-
-
3 028
total
-
-
-
82 231
Employee

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

38 994
-
167 500
-
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
-
55 042
-
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
-
3 028
-
total
8 737
-
63 424
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 506
167 500
-
-
income
19 276
25 125
-
-
trade
18 440
24 037
-
-
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.

1 060
1 382
-
-
chamber of commerce
308
364
-
-
total
39 084
50 908
-
-
Dividends
89 421
116 592
-
-
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.

1 214
1 587
-
-
withholding
22 057
28 851
-
-
total
23 271
30 438
-
-
Income
167 500
167 500
167 500
167 500
Total tax
71 092
81 346
63 424
82 231
After tax
96 408
86 154
104 076
85 269
Living cost
30 257
30 257
30 257
30 257
Free-cash
66 151
55 897
73 819
55 012

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
₽111268
₽56057
₽44027
₽117696
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.

-
-
-
167 500
income
-
-
-
34 429
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
-
-
-
42 713
total
-
-
-
107 169
Employee
22 900
-
130 630
-
income
4 076
-
29 054
-
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
-
-
18 941
-
total
6 595
-
58 269
-
Employer
22 900
-
130 630
-
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
-
-
14 370
-
total
5 516
-
36 870
-
Corporate
139 084
167 500
-
-
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%.

27 817
33 500
-
-
total
27 817
33 500
-
-
Dividends

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

111 266
134 000
-
-
total
-
-
-
-
Income
167 500
167 500
167 500
167 500
Total tax
39 928
33 500
95 139
107 169
After tax
127 572
134 000
72 361
60 331
Living cost
16 304
16 304
16 304
16 304
Free-cash
111 268
117 696
56 057
44 027

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
₽93176
₽92717
₽93411
₽94777
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
-
-
-
167 500
income
-
-
-
52 087
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
64 346
Employee
14 840
-
159 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
51 714
-
total
5 097
-
57 044
-
Employer
14 840
-
159 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
149 321
167 500
-
-
income
32 851
36 850
-
-
total
32 851
36 850
-
-
Dividends
116 471
130 650
-
-
withholding
23 294
26 130
-
-
total
23 294
26 130
-
-
Income
167 500
167 500
167 500
167 500
Total tax
64 581
62 980
65 040
64 346
After tax
102 919
104 520
102 460
103 154
Living cost
9 743
9 743
9 743
9 743
Free-cash
93 176
94 777
92 717
93 411

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
₽85261
₽56479
₽61272
₽87754
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
-
-
-
167 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
51 534
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
8 568
total
-
-
-
88 625
Employee
26 392
-
145 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
46 846
-
other
-
-
-
-
surtax
94
-
7 631
-
total
8 791
-
71 401
-
Employer
26 392
-
145 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
135 551
167 500
-
-
income
35 243
43 551
-
-
total
35 243
43 551
-
-
Dividends
100 308
123 949
-
-
withholding
15 046
18 592
-
-
total
15 046
18 592
-
-
Income
167 500
167 500
167 500
167 500
Total tax
64 636
62 143
93 418
88 625
After tax
102 864
105 357
74 082
78 875
Living cost
17 603
17 603
17 603
17 603
Free-cash
85 261
87 754
56 479
61 272

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
₽67089
₽19042
₽61102
₽67478
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
-
-
-
167 500
pensions
-
-
-
16 938
chamber of commerce
-