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
₽ 168000
per

Your estimated
City
free-cash

Valencia , Spain
₽86306
₽68805
₽72136
₽89813
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
-
-
-
168 000
unemployment
-
-
-
515
income
-
-
-
51 960
other
-
-
-
74
accident
-
-
-
663
pensions
-
-
-
20 822
total
-
-
-
74 034
Employee
29 353
-
144 543
-
unemployment
455
-
1 140
-
pensions
1 380
-
3 459
-
income
5 659
-
49 235
-
other
29
-
74
-
total
7 523
-
53 908
-
Employer
29 353
-
144 543
-
pensions
6 927
-
17 365
-
accident
581
-
1 457
-
unemployment
1 615
-
4 046
-
other
235
-
589
-
total
9 358
-
23 457
-
Corporate
129 289
168 000
-
-
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.

19 393
25 200
-
-
total
19 393
25 200
-
-
Dividends
109 896
142 800
-
-
withholding
23 590
31 157
-
-
total
23 590
31 157
-
-
Income
168 000
168 000
168 000
168 000
Total tax
59 864
56 357
77 365
74 034
After tax
108 136
111 643
90 635
93 966
Living cost
21 830
21 830
21 830
21 830
Free-cash
86 306
89 813
68 805
72 136

Estimated living cost  is ₽21830 per week

₽14735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4614
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
₽96915
₽76780
₽78193
₽102277
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
-
-
-
168 000
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.

-
-
-
28 972
income
-
-
-
28 636
other
-
-
-
5 734
health
-
-
-
5 312
total
-
-
-
68 654
Employee
28 823
-
137 446
-
health
404
-
1 690
-
unemployment
288
-
1 207
-
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.

2 017
-
8 450
-
income
4 962
-
28 166
-
total
7 671
-
39 513
-
Employer
28 823
-
137 446
-
health
404
-
1 690
-
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.

4 901
-
20 522
-
accident
230
-
1 100
-
unemployment
288
-
1 207
-
other
1 442
-
6 035
-
total
7 265
-
30 554
-
Corporate
131 912
168 000
-
-
income
27 702
35 280
-
-
total
27 702
35 280
-
-
Dividends
104 210
132 720
-
-
withholding
7 294
9 290
-
-
total
7 294
9 290
-
-
Income
168 000
168 000
168 000
168 000
Total tax
49 932
44 570
70 067
68 654
After tax
118 068
123 430
97 933
99 346
Living cost
21 153
21 153
21 153
21 153
Free-cash
96 915
102 277
76 780
78 193

Estimated living cost  is ₽21153 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
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.
₽4438
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
₽129580
₽131928
₽125031
₽133257
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
-
-
-
168 000
pensions

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

-
-
-
4 094
unemployment
-
-
-
111
income
-
-
-
25 200
health
-
-
-
3 181
total
-
-
-
32 586
Employee
13 749
-
162 573
-
health
632
-
1 272
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 207
-
2 429
-
income
1 375
-
16 257
-
total
3 365
-
20 262
-
Employer
13 749
-
162 573
-
health
949
-
1 909
-
pensions

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

1 515
-
3 048
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 697
-
5 427
-
Corporate
151 553
168 000
-
-
income
15 155
16 800
-
-
total
15 155
16 800
-
-
Dividends
136 398
151 200
-
-
withholding
6 820
7 560
-
-
total
6 820
7 560
-
-
Income
168 000
168 000
168 000
168 000
Total tax
28 037
24 360
25 689
32 586
After tax
139 963
143 640
142 311
135 414
Living cost
10 383
10 383
10 383
10 383
Free-cash
129 580
133 257
131 928
125 031

Estimated living cost  is ₽10383 per week

₽6062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3305
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
₽62200
₽61445
₽65688
₽57512
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
-
-
-
168 000
income
-
-
-
29 901
other
-
-
-
5 208
health
-
-
-
7 983
social contributions
-
-
-
4 788
pensions
-
-
-
27 272
surtax
-
-
-
-
total
-
-
-
75 152
Employee
33 975
-
128 605
-
pensions
3 841
-
9 528
-
income
2 005
-
26 813
-
social contributions
969
-
3 664
-
surtax
-
-
-
-
total
6 815
-
40 005
-
Employer
33 975
-
128 605
-
health
2 379
-
12 593
-
social contributions
102
-
386
-
pensions
5 581
-
15 936
-
unemployment
1 375
-
5 208
-
other
1 172
-
5 267
-
total
10 609
-
39 390
-
Corporate
123 415
168 000
-
-
income
34 557
47 041
-
-
surtax
-
-
-
-
total
34 557
47 041
-
-
Dividends
88 858
120 959
-
-
social contributions
15 285
20 804
-
-
surtax
-
-
-
-
withholding
11 374
15 483
-
-
total
26 659
36 287
-
-
Income
168 000
168 000
168 000
168 000
Total tax
78 640
83 328
79 395
75 152
After tax
89 360
84 672
88 605
92 848
Living cost
27 160
27 160
27 160
27 160
Free-cash
62 200
57 512
61 445
65 688

Estimated living cost  is ₽27160 per week

₽17125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7365
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
₽45480
₽74208
₽57535
₽50341
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
-
-
-
168 000
pensions
-
-
-
9 301
income
-
-
-
58 120
health
-
-
-
9 789
total
-
-
-
77 210
Employee
67 791
67 791
153 247
-
health
10 405
8 850
9 789
-
pensions
12 202
9 301
9 301
-
income

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

11 096
11 096
26 694
-
total
33 703
29 247
45 784
-
Employer
67 791
67 791
153 247
-
health
4 712
4 712
5 856
-
pensions
4 718
4 718
5 865
-
unemployment
2 440
2 440
3 032
-
total
11 870
11 870
14 753
-
Corporate
89 170
88 339
-
-
income
17 833
17 668
-
-
total
17 833
17 668
-
-
Dividends
71 337
70 671
-
-
income
15 159
15 018
-
-
withholding
10 700
10 601
-
-
total
25 859
25 619
-
-
Income
168 000
168 000
168 000
168 000
Total tax
89 265
84 404
60 537
77 210
After tax
78 735
83 596
107 463
90 790
Living cost
33 255
33 255
33 255
33 255
Free-cash
45 480
50 341
74 208
57 535

Estimated living cost  is ₽33255 per week

₽23567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
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.
₽6161
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
₽69422
₽80451
₽59803
₽60642
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.

-
-
-
168 000
trade
-
-
-
20 648
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.

-
-
-
55 053
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.

-
-
-
5 423
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
-
-
-
84 152
Employee

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

30 363
-
168 000
-
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.

5 423
-
5 423
-
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.

848
-
55 053
-
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.

47
-
3 028
-
total
6 318
-
63 504
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
137 637
168 000
-
-
income
20 646
25 200
-
-
trade
21 678
26 459
-
-
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.

1 136
1 386
-
-
chamber of commerce
318
362
-
-
total
43 778
53 407
-
-
Dividends
93 860
114 593
-
-
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.

1 274
1 559
-
-
withholding
23 163
28 347
-
-
total
24 437
29 906
-
-
Income
168 000
168 000
168 000
168 000
Total tax
74 533
83 313
63 504
84 152
After tax
93 467
84 687
104 496
83 848
Living cost
24 045
24 045
24 045
24 045
Free-cash
69 422
60 642
80 451
59 803

Estimated living cost  is ₽24045 per week

₽15125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5667
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
₽99765
₽93636
₽95038
₽104086
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
-
-
-
168 000
income
-
-
-
37 454
health
-
-
-
4 284
social contributions
-
-
-
12 844
total
-
-
-
54 582
Employee
61 042
61 042
158 240
-
health
473
1 038
2 691
-
income
6 646
5 651
36 700
-
social contributions
2 308
5 066
6 833
-
total
9 427
11 755
46 224
-
Employer
61 042
61 042
158 240
-
health
514
1 130
2 927
-
social contributions
2 308
5 066
6 833
-
total
2 822
6 196
9 760
-
Corporate
137 371
100 762
-
-
income
17 172
12 595
-
-
total
17 172
12 595
-
-
Dividends
120 199
88 166
-
-
withholding
20 434
14 988
-
-
total
20 434
14 988
-
-
Income
168 000
168 000
168 000
168 000
Total tax
49 855
45 534
55 984
54 582
After tax
118 145
122 466
112 016
113 418
Living cost
18 380
18 380
18 380
18 380
Free-cash
99 765
104 086
93 636
95 038

Estimated living cost  is ₽18380 per week

₽11015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1803
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.
₽5155
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
₽69860
₽50517
₽63264
₽70659
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.

-
-
-
168 000
income
-
-
-
21 456
social contributions

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

-
-
-
58 380
surtax
-
-
-
-
total
-
-
-
79 836
Employee
36 510
-
135 757
-
income
7 594
-
45 398
-
social contributions
4 016
-
14 934
-
surtax
-
-
8
-
total
11 610
-
60 340
-
Employer
36 510
-
135 757
-
social contributions
8 671
-
32 243
-
total
8 671
-
32 243
-
Corporate
122 818
168 000
-
-
income
25 792
35 280
-
-
surtax
-
-
-
-
total
25 792
35 280
-
-
Dividends
97 026
132 720
-
-
withholding
27 167
37 161
-
-
total
27 167
37 161
-
-
Income
168 000
168 000
168 000
168 000
Total tax
73 240
72 441
92 583
79 836
After tax
94 760
95 559
75 417
88 164
Living cost
24 900
24 900
24 900
24 900
Free-cash
69 860
70 659
50 517
63 264

Estimated living cost  is ₽24900 per week

₽18630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
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.
₽4385
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
₽152466
₽128392
₽160312
₽153592
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%.

-
-
-
168 000
microenterprise

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

-
-
-
1 680
total
-
-
-
1 680
Employee
7 510
-
168 000
-
income
1 502
-
33 600
-
total
1 502
-
33 600
-
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%.

160 490
168 000
-
-
total
-
-
-
-
Dividends
160 490
168 000
-
-
withholding
8 024
8 400
-
-
total
8 024
8 400
-
-
Income
168 000
168 000
168 000
168 000
Total tax
9 526
8 400
33 600
1 680
After tax
158 474
159 600
134 400
166 320
Living cost
6 008
6 008
6 008
6 008
Free-cash
152 466
153 592
128 392
160 312

Estimated living cost  is ₽6008 per week

₽3723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1620
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
₽87735
₽54175
₽57822
₽94375
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.

-
-
-
168 000
pensions
-
-
-
30 681
unemployment
-
-
-
252
income
-
-
-
41 422
health
-
-
-
16 530
total
-
-
-
88 885
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.

35 104
-
145 367
-
health
2 267
-
9 390
-
unemployment
50
-
203
-
pensions
5 441
-
22 532
-
income
6 054
-
37 775
-
total
13 812
-
69 900
-
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.

35 104
-
145 367
-
health
2 338
-
9 680
-
pensions
3 106
-
12 865
-
unemployment
21
-
87
-
total
5 465
-
22 632
-
Corporate
127 431
168 000
-
-
income
24 212
31 920
-
-
total
24 212
31 920
-
-
Dividends
103 219
136 080
-
-
withholding
15 483
20 412
-
-
total
15 483
20 412
-
-
Income
168 000
168 000
168 000
168 000
Total tax
58 972
52 332
92 532
88 885
After tax
109 028
115 668
75 468
79 115
Living cost
21 293
21 293
21 293
21 293
Free-cash
87 735
94 375
54 175
57 822

Estimated living cost  is ₽21293 per week

₽14613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4904
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
₽78964
₽88915
₽109000
₽76189
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.

-
-
-
168 000
income
-
-
-
25 200
health

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

-
-
-
4 983
total
-
-
-
30 183
Employee
36 417
-
164 348
-
social contributions
3 649
-
3 652
-
income
3 951
-
42 964
-
total
7 600
-
46 616
-
Employer
36 417
-
164 348
-
social contributions
3 649
-
3 652
-
total
3 649
-
3 652
-
Corporate
127 935
168 000
-
-
income
44 776
58 800
-
-
total
44 776
58 800
-
-
Dividends
83 158
109 200
-
-
social contributions
4 194
4 194
-
-
total
4 194
4 194
-
-
Income
168 000
168 000
168 000
168 000
Total tax
60 219
62 994
50 268
30 183
After tax
107 781
105 006
117 732
137 817
Living cost
28 817
28 817
28 817
28 817
Free-cash
78 964
76 189
88 915
109 000

Estimated living cost  is ₽28817 per week

₽18981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
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.
₽7121
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
₽86074
₽86765
₽91057
₽85662
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
-
-
-
168 000
income
-
-
-
25 200
health
-
-
-
11 726
social contributions
-
-
-
23 184
total
-
-
-
60 110
Employee
26 916
-
168 000
-
health
1 879
-
11 726
-
income
4 489
-
29 492
-
social contributions
3 715
-
23 184
-
total
10 083
-
64 402
-
Employer
26 916
-
168 000
-
total
-
-
-
-
Corporate
141 084
168 000
-
-
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%.

7 055
8 400
-
-
total
7 055
8 400
-
-
Dividends
134 029
159 600
-
-
social contributions
18 496
22 024
-
-
withholding
20 104
23 941
-
-
health
9 355
11 140
-
-
total
47 955
57 105
-
-
Income
168 000
168 000
168 000
168 000
Total tax
65 093
65 505
64 402
60 110
After tax
102 907
102 495
103 598
107 890
Living cost
16 833
16 833
16 833
16 833
Free-cash
86 074
85 662
86 765
91 057

Estimated living cost  is ₽16833 per week

₽11265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4141
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
₽85537
₽69754
₽77131
₽93460
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
-
-
-
168 000
income
-
-
-
17 908
health
-
-
-
22 680
social contributions
-
-
-
25 933
solidarity contribution
-
-
-
2 140
total
-
-
-
68 661
Employee
32 659
-
133 759
-
health
4 409
-
18 057
-
solidarity contribution
-
-
1 478
-
income
3 919
-
16 489
-
social contributions
2 123
-
5 773
-
total
10 451
-
41 797
-
Employer
32 659
-
133 759
-
health
2 939
-
12 038
-
social contributions
8 165
-
22 203
-
total
11 104
-
34 241
-
Corporate
124 238
168 000
-
-
income
23 605
31 920
-
-
total
23 605
31 920
-
-
Dividends
100 632
136 080
-
-
withholding
15 095
20 412
-
-
total
15 095
20 412
-
-
Income
168 000
168 000
168 000
168 000
Total tax
60 255
52 332
76 038
68 661
After tax
107 745
115 668
91 962
99 339
Living cost
22 208
22 208
22 208
22 208
Free-cash
85 537
93 460
69 754
77 131

Estimated living cost  is ₽22208 per week

₽16515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
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.
₽4078
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
₽148481
₽125037
₽156957
₽150237
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%.

-
-
-
168 000
microenterprise

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

-
-
-
1 680
total
-
-
-
1 680
Employee
11 704
-
168 000
-
income
2 341
-
33 600
-
total
2 341
-
33 600
-
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%.

156 296
168 000
-
-
total
-
-
-
-
Dividends
156 296
168 000
-
-
withholding
7 815
8 400
-
-
total
7 815
8 400
-
-
Income
168 000
168 000
168 000
168 000
Total tax
10 156
8 400
33 600
1 680
After tax
157 844
159 600
134 400
166 320
Living cost
9 363
9 363
9 363
9 363
Free-cash
148 481
150 237
125 037
156 957

Estimated living cost  is ₽9363 per week

₽6336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
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.
₽2320
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
₽51787
₽50264
₽54507
₽46331
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
-
-
-
168 000
income
-
-
-
29 901
other
-
-
-
5 208
health
-
-
-
7 983
social contributions
-
-
-
4 788
pensions
-
-
-
27 272
surtax
-
-
-
-
total
-
-
-
75 152
Employee
49 720
-
128 605
-
pensions
5 624
-
9 528
-
income
4 338
-
26 813
-
social contributions
1 416
-
3 664
-
surtax
-
-
-
-
total
11 378
-
40 005
-
Employer
49 720
-
128 605
-
health
3 480
-
12 593
-
social contributions
149
-
386
-
pensions
8 170
-
15 936
-
unemployment
2 014
-
5 208
-
other
1 716
-
5 267
-
total
15 529
-
39 390
-
Corporate
102 752
168 000
-
-
income
28 770
47 041
-
-
surtax
-
-
-
-
total
28 770
47 041
-
-
Dividends
73 982
120 959
-
-
social contributions
12 725
20 804
-
-
surtax
-
-
-
-
withholding
9 470
15 483
-
-
total
22 195
36 287
-
-
Income
168 000
168 000
168 000
168 000
Total tax
77 872
83 328
79 395
75 152
After tax
90 128
84 672
88 605
92 848
Living cost
38 341
38 341
38 341
38 341
Free-cash
51 787
46 331
50 264
54 507

Estimated living cost  is ₽38341 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽8730
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
₽103807
₽93525
₽93524
₽107699
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.

-
-
-
168 000
pensions
-
-
-
15 201
unemployment
-
-
-
877
income
-
-
-
38 695
health
-
-
-
6 022
total
-
-
-
60 795
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.

20 631
-
157 535
-
health
1 062
-
3 011
-
unemployment
155
-
438
-
pensions
2 888
-
8 185
-
income
2 844
-
38 695
-
total
6 949
-
50 329
-
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.

20 631
-
157 535
-
health
1 062
-
3 011
-
pensions
2 476
-
7 016
-
unemployment
155
-
438
-
total
3 693
-
10 465
-
Corporate
143 676
168 000
-
-
income
21 551
25 200
-
-
total
21 551
25 200
-
-
Dividends
122 125
142 800
-
-
withholding
18 319
21 420
-
-
total
18 319
21 420
-
-
Income
168 000
168 000
168 000
168 000
Total tax
50 512
46 620
60 794
60 795
After tax
117 488
121 380
107 206
107 205
Living cost
13 681
13 681
13 681
13 681
Free-cash
103 807
107 699
93 525
93 524

Estimated living cost  is ₽13681 per week

₽9212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽3016
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
₽45923
₽72996
₽78599
₽22818
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
-
-
-
168 000
pensions
-
-
-
15 457
city
-
-
-
1 771
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.

-
-
-
3 359
health
-
-
-
379
regional
-
-
-
9 666
national
-
-
-
4 765
total
-
-
-
35 397
Employee
63 198
-
151 436
-
health
143
-
341
-
unemployment
-
-
-
-
city
678
-
1 641
-
pensions
5 310
-
11 527
-
regional
2 069
-
8 661
-
national
299
-
3 933
-
total
8 499
-
26 103
-
Employer
63 198
-
151 436
-
health
143
-
341
-
pensions
5 310
-
11 527
-
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.

1 264
-
3 029
-
total
6 717
-
14 897
-
Corporate
97 391
168 000
-
-
regional
20 599
35 533
-
-
national
8 278
14 279
-
-
total
28 877
49 812
-
-
Dividends
68 515
118 188
-
-
withholding
23 980
41 366
-
-
total
23 980
41 366
-
-
Income
168 000
168 000
168 000
168 000
Total tax
68 073
91 178
41 000
35 397
After tax
99 927
76 822
127 000
132 603
Living cost
54 004
54 004
54 004
54 004
Free-cash
45 923
22 818
72 996
78 599

Estimated living cost  is ₽54004 per week

₽35118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
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.
₽13376
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
₽75496
₽54544
₽73788
₽73044
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

-
-
-
168 000
municipal
-
-
-
29 834
health
-
-
-
2 255
national
-
-
-
31 645
total
-
-
-
63 734
Employee
41 765
-
141 331
-
health
312
-
1 845
-
unemployment
627
-
2 120
-
pensions
2 819
-
9 540
-
national
690
-
19 795
-
municipal
6 841
-
23 008
-
total
11 289
-
56 308
-
Employer
41 765
-
141 331
-
health
321
-
1 088
-
pensions
7 246
-
24 521
-
accident
42
-
142
-
unemployment
271
-
919
-
total
7 880
-
26 670
-
Corporate
118 354
168 000
-
-
income
23 671
33 600
-
-
total
23 671
33 600
-
-
Dividends

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

71 012
100 800
-
-
municipal
12 782
18 144
-
-
national
6 404
12 734
-
-
total
19 186
30 878
-
-
Income
168 000
168 000
168 000
168 000
Total tax
62 026
64 478
82 978
63 734
After tax
105 974
103 522
85 022
104 266
Living cost
30 478
30 478
30 478
30 478
Free-cash
75 496
73 044
54 544
73 788

Estimated living cost  is ₽30478 per week

₽19908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽7154
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
₽53046
₽28635
₽44072
₽63838
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
-
-
-
168 000
communal

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

-
-
-
8 893
social contributions
-
-
-
19 792
national
-
-
-
66 299
total
-
-
-
94 984
Employee

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

56 784
-
130 120
-
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.

2 668
-
6 115
-
communal

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

2 962
-
6 787
-
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.

494
-
1 131
-
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.

4 259
-
9 759
-
national
17 458
-
48 752
-
total
27 841
-
72 544
-
Employer

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

56 784
-
130 120
-
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.

3 492
-
8 002
-
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.

5 032
-
11 529
-
surtax
6 439
-
14 754
-
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.

738
-
1 692
-
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.

829
-
1 900
-
total
16 530
-
37 877
-
Corporate
94 687
168 000
-
-
income
18 938
35 162
-
-
surtax
378
704
-
-
total
19 316
35 866
-
-
Dividends
75 372
132 134
-
-
withholding

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

22 323
39 352
-
-
total
22 323
39 352
-
-
Income
168 000
168 000
168 000
168 000
Total tax
86 010
75 218
110 421
94 984
After tax
81 990
92 782
57 579
73 016
Living cost
28 944
28 944
28 944
28 944
Free-cash
53 046
63 838
28 635
44 072

Estimated living cost  is ₽28944 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽7317
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
₽56606
₽50073
₽50907
₽57377
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
-
-
-
168 000
unemployment
-
-
-
75
municipal
-
-
-
43 594
other
-
-
-
8 748
health
-
-
-
4 698
national
-
-
-
17 338
accident
-
-
-
151
pensions
-
-
-
8 138
total
-
-
-
82 742
Employee
48 947
-
144 345
-
national
-
-
16 877
-
municipal
14 596
-
43 044
-
total
14 596
-
59 921
-
Employer
48 947
-
144 345
-
health
3 010
-
4 630
-
pensions
5 291
-
8 138
-
accident
98
-
151
-
unemployment
1 292
-
1 988
-
other
5 688
-
8 748
-
total
15 379
-
23 655
-
Corporate
103 674
168 000
-
-
income
22 808
36 960
-
-
total
22 808
36 960
-
-
Dividends
80 865
131 040
-
-
withholding
24 260
39 312
-
-
total
24 260
39 312
-
-
Income
168 000
168 000
168 000
168 000
Total tax
77 043
76 272
83 576
82 742
After tax
90 957
91 728
84 424
85 258
Living cost
34 351
34 351
34 351
34 351
Free-cash
56 606
57 377
50 073
50 907

Estimated living cost  is ₽34351 per week

₽22767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
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.
₽7692
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
₽21951
₽118184
₽77925
₽64035
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
-
-
-
168 000
income
-
-
-
32 747
social contributions
-
-
-
19 152
total
-
-
-
51 899
Employee
54 739
-
-
-
income
12 074
-
-
-
social contributions
4 489
-
640
-
total
16 563
-
640
-
Employer
54 739
-
-
-
social contributions
77 182
-
11 000
-
total
77 182
-
11 000
-
Corporate
36 078
168 000
-
-
income
7 937
36 960
-
-
total
7 937
36 960
-
-
Dividends
28 141
131 040
-
-
income
6 191
28 829
-
-
total
6 191
28 829
-
-
Income
168 000
168 000
168 000
168 000
Total tax
107 873
65 789
11 640
51 899
After tax
60 127
102 211
156 360
116 101
Living cost
38 176
38 176
38 176
38 176
Free-cash
21 951
64 035
118 184
77 925

Estimated living cost  is ₽38176 per week

₽24770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽9329
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
₽93427
₽86268
₽87670
₽96718
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
-
-
-
168 000
income
-
-
-
37 454
health
-
-
-
4 284
social contributions
-
-
-
12 844
total
-
-
-
54 582
Employee
61 042
61 042
158 240
-
health
607
1 038
2 691
-
income
6 410
5 651
36 700
-
social contributions
2 966
5 066
6 833
-
total
9 983
11 755
46 224
-
Employer
61 042
61 042
158 240
-
health
661
1 130
2 927
-
social contributions
2 966
5 066
6 833
-
total
3 627
6 196
9 760
-
Corporate
128 641
100 762
-
-
income
16 080
12 595
-
-
total
16 080
12 595
-
-
Dividends
112 561
88 166
-
-
withholding
19 135
14 988
-
-
total
19 135
14 988
-
-
Income
168 000
168 000
168 000
168 000
Total tax
48 825
45 534
55 984
54 582
After tax
119 175
122 466
112 016
113 418
Living cost
25 748
25 748
25 748
25 748
Free-cash
93 427
96 718
86 268
87 670

Estimated living cost  is ₽25748 per week

₽17601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5703
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
₽82547
₽65565
₽80583
₽78040
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
-
-
-
168 000
income
-
-
-
51 617
pensions
-
-
-
7 527
total
-
-
-
59 144
Employee
38 808
-
146 443
-
health
506
-
1 992
-
pensions
2 962
-
9 010
-
income
7 067
-
41 604
-
total
10 535
-
52 606
-
Employer
38 808
-
146 443
-
health
738
-
2 783
-
pensions
3 921
-
18 773
-
total
4 659
-
21 556
-
Corporate
124 533
168 000
-
-
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.

23 661
31 920
-
-
total
23 661
31 920
-
-
Dividends
100 872
136 080
-
-
withholding
18 325
29 767
-
-
total
18 325
29 767
-
-
Income
168 000
168 000
168 000
168 000
Total tax
57 180
61 687
74 162
59 144
After tax
110 820
106 313
93 838
108 856
Living cost
28 273
28 273
28 273
28 273
Free-cash
82 547
78 040
65 565
80 583

Estimated living cost  is ₽28273 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽5922
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
₽53255
₽40097
₽46617
₽56866
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
-
-
-
168 000
municipal
-
-
-
1 154
regional
-
-
-
4 006
social contributions
-
-
-
39 731
national
-
-
-
44 867
total
-
-
-
89 758
Employee
66 894
-
168 000
-
social contributions
22 556
-
52 089
-
regional
1 010
-
3 595
-
national
11 304
-
39 552
-
municipal
399
-
1 042
-
total
35 269
-
96 278
-
Employer
66 894
-
168 000
-
total
-
-
-
-
Corporate
101 106
168 000
-
-
nationa
24 266
40 320
-
-
municipal
4 873
8 097
-
-
total
29 139
48 417
-
-
Dividends
71 967
119 582
-
-
withholding
18 712
31 092
-
-
total
18 712
31 092
-
-
Income
168 000
168 000
168 000
168 000
Total tax
83 120
79 509
96 278
89 758
After tax
84 880
88 491
71 722
78 242
Living cost
31 625
31 625
31 625
31 625
Free-cash
53 255
56 866
40 097
46 617

Estimated living cost  is ₽31625 per week

₽22214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6756
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
₽11002
₽75391
₽97742
-₽3380
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
-
-
-
168 000
pensions
-
-
-
3 213
income
-
-
-
47 892
other
-
-
-
286
health
-
-
-
1 684
accident
-
-
-
195
total
-
-
-
53 270
Employee
26 723
-
153 182
-
health
3 060
-
17 539
-
pensions
3 009
-
5 891
-
income
3 666
-
37 373
-
total
9 735
-
60 803
-
Employer
26 723
-
153 182
-
pensions
4 345
-
8 507
-
accident
446
-
2 558
-
unemployment
655
-
3 753
-
total
5 446
-
14 818
-
Corporate
135 831
168 000
-
-
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.

122 248
151 200
-
-
total
122 248
151 200
-
-
Dividends
13 583
16 800
-
-
withholding
2 581
3 192
-
-
total
2 581
3 192
-
-
Income
168 000
168 000
168 000
168 000
Total tax
140 010
154 392
75 621
53 270
After tax
27 990
13 608
92 379
114 730
Living cost
16 988
16 988
16 988
16 988
Free-cash
11 002
-3 380
75 391
97 742

Estimated living cost  is ₽16988 per week

₽12451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
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.
₽3242
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
₽66150
₽73848
₽55037
₽55766
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.

-
-
-
168 000
trade
-
-
-
18 811
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.

-
-
-
55 053
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.

-
-
-
5 423
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
-
-
-
82 315
Employee

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

39 498
-
168 000
-
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.

5 423
-
5 423
-
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.

3 248
-
55 053
-
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.

179
-
3 028
-
total
8 850
-
63 504
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
128 502
168 000
-
-
income
19 275
25 200
-
-
trade
18 441
24 108
-
-
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.

1 061
1 386
-
-
chamber of commerce
309
368
-
-
total
39 086
51 062
-
-
Dividends
89 417
116 939
-
-
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.

1 213
1 591
-
-
withholding
22 053
28 933
-
-
total
23 266
30 524
-
-
Income
168 000
168 000
168 000
168 000
Total tax
71 202
81 586
63 504
82 315
After tax
96 798
86 414
104 496
85 685
Living cost
30 648
30 648
30 648
30 648
Free-cash
66 150
55 766
73 848
55 037

Estimated living cost  is ₽30648 per week

₽21142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽5764
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
₽111373
₽55970
₽43879
₽117885
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.

-
-
-
168 000
income
-
-
-
34 350
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.

-
-
-
30 415
surtax
-
-
-
42 841
total
-
-
-
107 606
Employee
23 196
-
130 819
-
income
4 129
-
28 958
-
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.

2 552
-
10 407
-
surtax
-
-
18 969
-
total
6 681
-
58 334
-
Employer
23 196
-
130 819
-
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.

5 587
-
22 791
-
surtax
-
-
14 390
-
total
5 587
-
37 181
-
Corporate
139 216
168 000
-
-
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%.

27 844
33 600
-
-
total
27 844
33 600
-
-
Dividends

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

111 372
134 400
-
-
total
-
-
-
-
Income
168 000
168 000
168 000
168 000
Total tax
40 112
33 600
95 515
107 606
After tax
127 888
134 400
72 485
60 394
Living cost
16 515
16 515
16 515
16 515
Free-cash
111 373
117 885
55 970
43 879

Estimated living cost  is ₽16515 per week

₽10536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4031
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
₽93389
₽92901
₽93600
₽95004
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
-
-
-
168 000
income
-
-
-
52 206
health
-
-
-
5 197
pensions
-
-
-
7 169
total
-
-
-
64 572
Employee
14 969
-
159 935
-
health
748
-
1 792
-
unemployment
150
-
359
-
pensions
1 347
-
3 226
-
income
2 896
-
51 829
-
total
5 141
-
57 206
-
Employer
14 969
-
159 935
-
health
1 422
-
3 405
-
pensions
1 647
-
3 943
-
unemployment
299
-
717
-
total
3 368
-
8 065
-
Corporate
149 663
168 000
-
-
income
32 926
36 960
-
-
total
32 926
36 960
-
-
Dividends
116 737
131 040
-
-
withholding
23 348
26 208
-
-
total
23 348
26 208
-
-
Income
168 000
168 000
168 000
168 000
Total tax
64 783
63 168
65 271
64 572
After tax
103 217
104 832
102 729
103 428
Living cost
9 828
9 828
9 828
9 828
Free-cash
93 389
95 004
92 901
93 600

Estimated living cost  is ₽9828 per week

₽5840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
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.
₽2966
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
₽85316
₽56443
₽61296
₽87842
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
-
-
-
168 000
pensions
-
-
-
21 190
unemployment
-
-
-
181
income
-
-
-
51 450
other
-
-
-
-
health
-
-
-
7 522
surtax
-
-
-
8 530
total
-
-
-
88 873
Employee
26 734
-
145 698
-
health
682
-
2 701
-
unemployment
1 860
-
7 374
-
pensions
1 784
-
7 067
-
income
4 482
-
46 703
-
other
-
-
-
-
surtax
95
-
7 579
-
total
8 903
-
71 424
-
Employer
26 734
-
145 698
-
health
1 216
-
4 821
-
pensions
3 564
-
14 123
-
unemployment
848
-
3 358
-
other
-
-
-
-
total
5 628
-
22 302
-
Corporate
135 638
168 000
-
-
income
35 266
43 680
-
-
total
35 266
43 680
-
-
Dividends
100 372
124 320
-
-
withholding
15 056
18 648
-
-
total
15 056
18 648
-
-
Income
168 000
168 000
168 000
168 000
Total tax
64 853
62 328
93 726
88 873
After tax
103 147
105 672
74 274
79 127
Living cost
17 830
17 830
17 830
17 830
Free-cash
85 316
87 842
56 443
61 296

Estimated living cost  is ₽17830 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽5102
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
₽67052
₽18871
₽61067
₽67444
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
-
-
-
168 000
pensions
-
-
-
17 157
chamber of commerce
-