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
₽ 169500
per

Your estimated
City
free-cash

Valencia , Spain
₽87422
₽69762
₽73075
₽90909
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
-
-
-
169 500
unemployment
-
-
-
512
income
-
-
-
52 769
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 705
total
-
-
-
74 718
Employee
29 188
-
146 175
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
50 059
-
other
28
-
73
-
total
7 479
-
54 705
-
Employer
29 188
-
146 175
-
pensions
6 888
-
17 267
-
accident
578
-
1 449
-
unemployment
1 606
-
4 024
-
other
234
-
586
-
total
9 306
-
23 326
-
Corporate
131 007
169 500
-
-
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.

19 651
25 425
-
-
total
19 651
25 425
-
-
Dividends
111 356
144 075
-
-
withholding
23 935
31 459
-
-
total
23 935
31 459
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 371
56 884
78 031
74 718
After tax
109 129
112 616
91 469
94 782
Living cost
21 707
21 707
21 707
21 707
Free-cash
87 422
90 909
69 762
73 075

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
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.
₽4588
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
₽98167
₽78168
₽79588
₽103498
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
-
-
-
169 500
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.

-
-
-
28 809
income
-
-
-
29 086
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
68 878
Employee
28 661
-
139 098
-
health
401
-
1 681
-
unemployment
286
-
1 200
-
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.

2 006
-
8 402
-
income
4 934
-
28 613
-
total
7 627
-
39 896
-
Employer
28 661
-
139 098
-
health
401
-
1 681
-
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.

4 873
-
20 407
-
accident
229
-
1 113
-
unemployment
286
-
1 200
-
other
1 434
-
6 001
-
total
7 223
-
30 402
-
Corporate
133 615
169 500
-
-
income
28 059
35 595
-
-
total
28 059
35 595
-
-
Dividends
105 557
133 905
-
-
withholding
7 390
9 373
-
-
total
7 390
9 373
-
-
Income
169 500
169 500
169 500
169 500
Total tax
50 299
44 968
70 298
68 878
After tax
119 201
124 532
99 202
100 622
Living cost
21 034
21 034
21 034
21 034
Free-cash
98 167
103 498
78 168
79 588

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
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.
₽4413
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
₽130882
₽133306
₽126334
₽134555
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
-
-
-
169 500
pensions

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

-
-
-
4 088
unemployment
-
-
-
110
income
-
-
-
25 425
health
-
-
-
3 176
total
-
-
-
32 799
Employee
13 728
-
164 081
-
health
631
-
1 270
-
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.

1 205
-
2 425
-
income
1 373
-
16 408
-
total
3 360
-
20 407
-
Employer
13 728
-
164 081
-
health
948
-
1 906
-
pensions

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

1 513
-
3 044
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 694
-
5 420
-
Corporate
153 079
169 500
-
-
income
15 308
16 950
-
-
total
15 308
16 950
-
-
Dividends
137 771
152 550
-
-
withholding
6 889
7 628
-
-
total
6 889
7 628
-
-
Income
169 500
169 500
169 500
169 500
Total tax
28 251
24 578
25 827
32 799
After tax
141 249
144 922
143 673
136 701
Living cost
10 367
10 367
10 367
10 367
Free-cash
130 882
134 555
133 306
126 334

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
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.
₽3300
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
₽63082
₽61994
₽66447
₽58421
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
-
-
-
169 500
income
-
-
-
30 524
other
-
-
-
5 255
health
-
-
-
8 118
social contributions
-
-
-
4 829
pensions
-
-
-
27 320
surtax
-
-
-
-
total
-
-
-
76 046
Employee
33 784
-
129 642
-
pensions
3 820
-
9 653
-
income
1 994
-
27 294
-
social contributions
963
-
3 694
-
surtax
-
-
-
-
total
6 777
-
40 641
-
Employer
33 784
-
129 642
-
health
2 365
-
12 752
-
social contributions
102
-
389
-
pensions
5 550
-
16 138
-
unemployment
1 368
-
5 250
-
other
1 165
-
5 329
-
total
10 550
-
39 858
-
Corporate
125 166
169 500
-
-
income
35 047
47 461
-
-
surtax
-
-
-
-
total
35 047
47 461
-
-
Dividends
90 119
122 039
-
-
social contributions
15 501
20 990
-
-
surtax
-
-
-
-
withholding
11 536
15 621
-
-
total
27 037
36 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
79 411
84 072
80 499
76 046
After tax
90 089
85 428
89 001
93 454
Living cost
27 007
27 007
27 007
27 007
Free-cash
63 082
58 421
61 994
66 447

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7324
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
₽46466
₽75348
₽58390
₽51303
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
-
-
-
169 500
pensions
-
-
-
9 249
income
-
-
-
59 059
health
-
-
-
9 734
total
-
-
-
78 042
Employee
67 409
67 409
154 830
-
health
10 347
8 801
9 734
-
pensions
12 134
9 249
9 249
-
income

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

11 034
11 034
27 431
-
total
33 515
29 084
46 414
-
Employer
67 409
67 409
154 830
-
health
4 686
4 686
5 823
-
pensions
4 692
4 692
5 832
-
unemployment
2 427
2 427
3 015
-
total
11 805
11 805
14 670
-
Corporate
91 114
90 287
-
-
income
18 223
18 057
-
-
total
18 223
18 057
-
-
Dividends
72 891
72 230
-
-
income
15 489
15 348
-
-
withholding
10 934
10 835
-
-
total
26 423
26 183
-
-
Income
169 500
169 500
169 500
169 500
Total tax
89 966
85 129
61 084
78 042
After tax
79 534
84 371
108 416
91 458
Living cost
33 068
33 068
33 068
33 068
Free-cash
46 466
51 303
75 348
58 390

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
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.
₽6127
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
₽70260
₽81359
₽60443
₽61530
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.

-
-
-
169 500
trade
-
-
-
20 916
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.

-
-
-
55 771
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.

-
-
-
5 393
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.

-
-
-
3 068
total
-
-
-
85 148
Employee

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

30 192
-
169 500
-
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.

5 393
-
5 393
-
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.

843
-
55 771
-
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
-
3 068
-
total
6 282
-
64 232
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 308
169 500
-
-
income
20 897
25 425
-
-
trade
21 941
26 696
-
-
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.

1 149
1 399
-
-
chamber of commerce
321
364
-
-
total
44 308
53 884
-
-
Dividends
95 001
115 616
-
-
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.

1 290
1 573
-
-
withholding
23 451
28 604
-
-
total
24 741
30 177
-
-
Income
169 500
169 500
169 500
169 500
Total tax
75 331
84 061
64 232
85 148
After tax
94 169
85 439
105 268
84 352
Living cost
23 909
23 909
23 909
23 909
Free-cash
70 260
61 530
81 359
60 443

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
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
₽100980
₽94643
₽96053
₽105277
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
-
-
-
169 500
income
-
-
-
38 077
health
-
-
-
4 322
social contributions
-
-
-
12 772
total
-
-
-
55 171
Employee
60 699
60 699
159 750
-
health
470
1 032
2 716
-
income
6 609
5 619
37 319
-
social contributions
2 295
5 038
6 795
-
total
9 374
11 689
46 830
-
Employer
60 699
60 699
159 750
-
health
511
1 123
2 956
-
social contributions
2 295
5 038
6 795
-
total
2 806
6 161
9 751
-
Corporate
139 044
102 640
-
-
income
17 381
12 830
-
-
total
17 381
12 830
-
-
Dividends
121 663
89 810
-
-
withholding
20 683
15 267
-
-
total
20 683
15 267
-
-
Income
169 500
169 500
169 500
169 500
Total tax
50 244
45 947
56 581
55 171
After tax
119 256
123 553
112 919
114 329
Living cost
18 276
18 276
18 276
18 276
Free-cash
100 980
105 277
94 643
96 053

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5126
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
₽70856
₽51126
₽64061
₽71652
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.

-
-
-
169 500
income
-
-
-
21 778
social contributions

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

-
-
-
58 901
surtax
-
-
-
-
total
-
-
-
80 679
Employee
36 305
-
136 970
-
income
7 552
-
45 966
-
social contributions
3 994
-
15 067
-
surtax
-
-
51
-
total
11 546
-
61 084
-
Employer
36 305
-
136 970
-
social contributions
8 622
-
32 530
-
total
8 622
-
32 530
-
Corporate
124 573
169 500
-
-
income
26 161
35 595
-
-
surtax
-
-
-
-
total
26 161
35 595
-
-
Dividends
98 412
133 905
-
-
withholding
27 555
37 493
-
-
total
27 555
37 493
-
-
Income
169 500
169 500
169 500
169 500
Total tax
73 884
73 088
93 614
80 679
After tax
95 616
96 412
75 886
88 821
Living cost
24 760
24 760
24 760
24 760
Free-cash
70 856
71 652
51 126
64 061

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
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.
₽4361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽153917
₽129614
₽161819
₽155039
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%.

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
7 482
-
169 500
-
income
1 496
-
33 900
-
total
1 496
-
33 900
-
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%.

162 018
169 500
-
-
total
-
-
-
-
Dividends
162 018
169 500
-
-
withholding
8 101
8 475
-
-
total
8 101
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
9 597
8 475
33 900
1 695
After tax
159 903
161 025
135 600
167 805
Living cost
5 986
5 986
5 986
5 986
Free-cash
153 917
155 039
129 614
161 819

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
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.
₽1614
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
₽88925
₽54693
₽58372
₽95528
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.

-
-
-
169 500
pensions
-
-
-
30 954
unemployment
-
-
-
255
income
-
-
-
42 067
health
-
-
-
16 679
total
-
-
-
89 955
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.

34 906
-
146 663
-
health
2 254
-
9 475
-
unemployment
49
-
205
-
pensions
5 411
-
22 733
-
income
6 020
-
38 385
-
total
13 734
-
70 798
-
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.

34 906
-
146 663
-
health
2 325
-
9 768
-
pensions
3 089
-
12 980
-
unemployment
21
-
88
-
total
5 435
-
22 836
-
Corporate
129 159
169 500
-
-
income
24 540
32 205
-
-
total
24 540
32 205
-
-
Dividends
104 619
137 295
-
-
withholding
15 693
20 594
-
-
total
15 693
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
59 402
52 799
93 634
89 955
After tax
110 098
116 701
75 866
79 545
Living cost
21 173
21 173
21 173
21 173
Free-cash
88 925
95 528
54 693
58 372

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽4876
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
₽80110
₽90006
₽110455
₽77351
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.

-
-
-
169 500
income
-
-
-
25 425
health

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

-
-
-
4 966
total
-
-
-
30 391
Employee
36 212
-
165 869
-
social contributions
3 628
-
3 631
-
income
3 929
-
43 578
-
total
7 557
-
47 209
-
Employer
36 212
-
165 869
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
129 660
169 500
-
-
income
45 381
59 325
-
-
total
45 381
59 325
-
-
Dividends
84 279
110 175
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 736
63 495
50 840
30 391
After tax
108 764
106 005
118 660
139 109
Living cost
28 654
28 654
28 654
28 654
Free-cash
80 110
77 351
90 006
110 455

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
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.
₽7081
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
₽87083
₽87724
₽92115
₽86673
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
-
-
-
169 500
income
-
-
-
25 425
health
-
-
-
11 831
social contributions
-
-
-
23 391
total
-
-
-
60 647
Employee
26 764
-
169 500
-
health
1 868
-
11 831
-
income
4 464
-
29 816
-
social contributions
3 694
-
23 391
-
total
10 026
-
65 038
-
Employer
26 764
-
169 500
-
total
-
-
-
-
Corporate
142 736
169 500
-
-
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%.

7 136
8 476
-
-
total
7 136
8 476
-
-
Dividends
135 599
161 024
-
-
social contributions
18 713
22 221
-
-
withholding
20 340
24 153
-
-
health
9 464
11 239
-
-
total
48 517
57 613
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 679
66 089
65 038
60 647
After tax
103 821
103 411
104 462
108 853
Living cost
16 738
16 738
16 738
16 738
Free-cash
87 083
86 673
87 724
92 115

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4118
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
₽86699
₽70829
₽78298
₽94589
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
-
-
-
169 500
income
-
-
-
18 119
health
-
-
-
22 883
social contributions
-
-
-
25 822
solidarity contribution
-
-
-
2 266
total
-
-
-
69 090
Employee
32 518
-
135 222
-
health
4 390
-
18 255
-
solidarity contribution
-
-
1 595
-
income
3 902
-
16 683
-
social contributions
2 114
-
5 748
-
total
10 406
-
42 281
-
Employer
32 518
-
135 222
-
health
2 927
-
12 170
-
social contributions
8 130
-
22 108
-
total
11 057
-
34 278
-
Corporate
125 925
169 500
-
-
income
23 926
32 205
-
-
total
23 926
32 205
-
-
Dividends
102 000
137 295
-
-
withholding
15 300
20 594
-
-
total
15 300
20 594
-
-
Income
169 500
169 500
169 500
169 500
Total tax
60 689
52 799
76 559
69 090
After tax
108 811
116 701
92 941
100 410
Living cost
22 112
22 112
22 112
22 112
Free-cash
86 699
94 589
70 829
78 298

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4061
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
₽149948
₽126272
₽158477
₽151697
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%.

-
-
-
169 500
microenterprise

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

-
-
-
1 695
total
-
-
-
1 695
Employee
11 661
-
169 500
-
income
2 332
-
33 900
-
total
2 332
-
33 900
-
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%.

157 839
169 500
-
-
total
-
-
-
-
Dividends
157 839
169 500
-
-
withholding
7 892
8 475
-
-
total
7 892
8 475
-
-
Income
169 500
169 500
169 500
169 500
Total tax
10 224
8 475
33 900
1 695
After tax
159 276
161 025
135 600
167 805
Living cost
9 328
9 328
9 328
9 328
Free-cash
149 948
151 697
126 272
158 477

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
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.
₽2311
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
₽52730
₽50875
₽55328
₽47302
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
-
-
-
169 500
income
-
-
-
30 524
other
-
-
-
5 255
health
-
-
-
8 118
social contributions
-
-
-
4 829
pensions
-
-
-
27 320
surtax
-
-
-
-
total
-
-
-
76 046
Employee
49 440
-
129 642
-
pensions
5 592
-
9 653
-
income
4 314
-
27 294
-
social contributions
1 408
-
3 694
-
surtax
-
-
-
-
total
11 314
-
40 641
-
Employer
49 440
-
129 642
-
health
3 460
-
12 752
-
social contributions
148
-
389
-
pensions
8 124
-
16 138
-
unemployment
2 003
-
5 250
-
other
1 706
-
5 329
-
total
15 441
-
39 858
-
Corporate
104 619
169 500
-
-
income
29 293
47 461
-
-
surtax
-
-
-
-
total
29 293
47 461
-
-
Dividends
75 326
122 039
-
-
social contributions
12 955
20 990
-
-
surtax
-
-
-
-
withholding
9 641
15 621
-
-
total
22 596
36 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
78 644
84 072
80 499
76 046
After tax
90 856
85 428
89 001
93 454
Living cost
38 126
38 126
38 126
38 126
Free-cash
52 730
47 302
50 875
55 328

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽8681
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
₽104985
₽94823
₽94824
₽108856
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.

-
-
-
169 500
pensions
-
-
-
15 119
unemployment
-
-
-
872
income
-
-
-
39 088
health
-
-
-
5 989
total
-
-
-
61 068
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.

20 519
-
159 091
-
health
1 057
-
2 995
-
unemployment
154
-
436
-
pensions
2 873
-
8 141
-
income
2 828
-
39 088
-
total
6 912
-
50 660
-
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.

20 519
-
159 091
-
health
1 057
-
2 995
-
pensions
2 462
-
6 978
-
unemployment
154
-
436
-
total
3 673
-
10 409
-
Corporate
145 308
169 500
-
-
income
21 796
25 425
-
-
total
21 796
25 425
-
-
Dividends
123 512
144 075
-
-
withholding
18 527
21 611
-
-
total
18 527
21 611
-
-
Income
169 500
169 500
169 500
169 500
Total tax
50 908
47 036
61 069
61 068
After tax
118 592
122 464
108 431
108 432
Living cost
13 608
13 608
13 608
13 608
Free-cash
104 985
108 856
94 823
94 824

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽2999
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
₽46771
₽74378
₽79872
₽23786
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
-
-
-
169 500
pensions
-
-
-
15 594
city
-
-
-
1 787
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.

-
-
-
3 390
health
-
-
-
381
regional
-
-
-
9 827
national
-
-
-
4 927
total
-
-
-
35 906
Employee
62 868
-
152 842
-
health
142
-
344
-
unemployment
-
-
-
-
city
675
-
1 657
-
pensions
5 282
-
11 574
-
regional
2 059
-
8 802
-
national
298
-
4 049
-
total
8 456
-
26 426
-
Employer
62 868
-
152 842
-
health
142
-
344
-
pensions
5 282
-
11 574
-
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.

1 257
-
3 056
-
total
6 681
-
14 974
-
Corporate
99 260
169 500
-
-
regional
20 993
35 849
-
-
national
8 437
14 408
-
-
total
29 430
50 257
-
-
Dividends
69 829
119 243
-
-
withholding
24 440
41 735
-
-
total
24 440
41 735
-
-
Income
169 500
169 500
169 500
169 500
Total tax
69 007
91 992
41 400
35 906
After tax
100 493
77 508
128 100
133 594
Living cost
53 722
53 722
53 722
53 722
Free-cash
46 771
23 786
74 378
79 872

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
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.
₽13307
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
₽76455
₽55181
₽74595
₽74014
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

-
-
-
169 500
municipal
-
-
-
30 099
health
-
-
-
2 281
national
-
-
-
32 219
total
-
-
-
64 599
Employee
41 530
-
142 592
-
health
310
-
1 866
-
unemployment
623
-
2 139
-
pensions
2 803
-
9 625
-
national
686
-
20 264
-
municipal
6 802
-
23 213
-
total
11 224
-
57 107
-
Employer
41 530
-
142 592
-
health
319
-
1 098
-
pensions
7 205
-
24 739
-
accident
42
-
142
-
unemployment
270
-
927
-
total
7 836
-
26 906
-
Corporate
120 134
169 500
-
-
income
24 026
33 899
-
-
total
24 026
33 899
-
-
Dividends

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

72 081
101 701
-
-
municipal
12 974
18 307
-
-
national
6 679
12 974
-
-
total
19 653
31 281
-
-
Income
169 500
169 500
169 500
169 500
Total tax
62 739
65 180
84 013
64 599
After tax
106 761
104 320
85 487
104 901
Living cost
30 306
30 306
30 306
30 306
Free-cash
76 455
74 014
55 181
74 595

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7114
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
₽54114
₽29196
₽44900
₽64685
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
-
-
-
169 500
communal

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

-
-
-
8 989
social contributions
-
-
-
19 680
national
-
-
-
67 149
total
-
-
-
95 818
Employee

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

56 464
-
131 284
-
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.

2 653
-
6 170
-
communal

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

2 945
-
6 847
-
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.

491
-
1 141
-
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.

4 235
-
9 846
-
national
17 359
-
49 302
-
total
27 683
-
73 306
-
Employer

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

56 464
-
131 284
-
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.

3 472
-
8 074
-
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.

5 003
-
11 632
-
surtax
6 402
-
14 887
-
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.

734
-
1 706
-
unemployment

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

824
-
1 917
-
total
16 435
-
38 216
-
Corporate
96 600
169 500
-
-
income
19 319
35 673
-
-
surtax
386
713
-
-
total
19 705
36 386
-
-
Dividends
76 894
133 114
-
-
withholding

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

22 781
39 647
-
-
total
22 781
39 647
-
-
Income
169 500
169 500
169 500
169 500
Total tax
86 604
76 033
111 522
95 818
After tax
82 896
93 467
57 978
73 682
Living cost
28 782
28 782
28 782
28 782
Free-cash
54 114
64 685
29 196
44 900

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽7276
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
₽57611
₽50887
₽51716
₽58376
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
-
-
-
169 500
unemployment
-
-
-
75
municipal
-
-
-
44 075
other
-
-
-
8 702
health
-
-
-
4 673
national
-
-
-
17 842
accident
-
-
-
150
pensions
-
-
-
8 096
total
-
-
-
83 613
Employee
48 691
-
145 969
-
national
-
-
17 383
-
municipal
14 520
-
43 528
-
total
14 520
-
60 911
-
Employer
48 691
-
145 969
-
health
2 994
-
4 606
-
pensions
5 263
-
8 096
-
accident
97
-
150
-
unemployment
1 285
-
1 977
-
other
5 658
-
8 702
-
total
15 297
-
23 531
-
Corporate
105 510
169 500
-
-
income
23 212
37 290
-
-
total
23 212
37 290
-
-
Dividends
82 298
132 210
-
-
withholding
24 689
39 663
-
-
total
24 689
39 663
-
-
Income
169 500
169 500
169 500
169 500
Total tax
77 718
76 953
84 442
83 613
After tax
91 782
92 547
85 058
85 887
Living cost
34 171
34 171
34 171
34 171
Free-cash
57 611
58 376
50 887
51 716

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
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.
₽7652
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
₽23325
₽119972
₽79182
₽65168
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
-
-
-
169 500
income
-
-
-
33 039
social contributions
-
-
-
19 323
total
-
-
-
52 362
Employee
54 424
-
-
-
income
12 005
-
-
-
social contributions
4 463
-
636
-
total
16 468
-
636
-
Employer
54 424
-
-
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
38 338
169 500
-
-
income
8 434
37 290
-
-
total
8 434
37 290
-
-
Dividends
29 903
132 210
-
-
income
6 579
29 086
-
-
total
6 579
29 086
-
-
Income
169 500
169 500
169 500
169 500
Total tax
108 219
66 376
11 572
52 362
After tax
61 281
103 124
157 928
117 138
Living cost
37 956
37 956
37 956
37 956
Free-cash
23 325
65 168
119 972
79 182

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽9275
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
₽94675
₽87316
₽88726
₽97950
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
-
-
-
169 500
income
-
-
-
38 077
health
-
-
-
4 322
social contributions
-
-
-
12 772
total
-
-
-
55 171
Employee
60 699
60 699
159 750
-
health
604
1 032
2 716
-
income
6 374
5 619
37 319
-
social contributions
2 950
5 038
6 795
-
total
9 928
11 689
46 830
-
Employer
60 699
60 699
159 750
-
health
658
1 123
2 956
-
social contributions
2 950
5 038
6 795
-
total
3 608
6 161
9 751
-
Corporate
130 362
102 640
-
-
income
16 295
12 830
-
-
total
16 295
12 830
-
-
Dividends
114 067
89 810
-
-
withholding
19 391
15 267
-
-
total
19 391
15 267
-
-
Income
169 500
169 500
169 500
169 500
Total tax
49 222
45 947
56 581
55 171
After tax
120 278
123 553
112 919
114 329
Living cost
25 603
25 603
25 603
25 603
Free-cash
94 675
97 950
87 316
88 726

Estimated living cost  is ₽25603 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5671
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
₽83401
₽66387
₽81532
₽78909
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
-
-
-
169 500
income
-
-
-
52 258
pensions
-
-
-
7 541
total
-
-
-
59 799
Employee
38 666
-
147 734
-
health
504
-
2 003
-
pensions
2 951
-
9 013
-
income
7 041
-
42 162
-
total
10 496
-
53 178
-
Employer
38 666
-
147 734
-
health
735
-
2 808
-
pensions
3 907
-
18 958
-
total
4 642
-
21 766
-
Corporate
126 193
169 500
-
-
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.

23 977
32 206
-
-
total
23 977
32 206
-
-
Dividends
102 216
137 294
-
-
withholding
18 815
30 216
-
-
total
18 815
30 216
-
-
Income
169 500
169 500
169 500
169 500
Total tax
57 930
62 422
74 944
59 799
After tax
111 570
107 078
94 556
109 701
Living cost
28 169
28 169
28 169
28 169
Free-cash
83 401
78 909
66 387
81 532

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
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.
₽5901
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
₽54244
₽41161
₽47644
₽57833
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
-
-
-
169 500
municipal
-
-
-
1 170
regional
-
-
-
4 065
social contributions
-
-
-
39 508
national
-
-
-
45 666
total
-
-
-
90 409
Employee
66 517
-
169 500
-
social contributions
22 429
-
51 796
-
regional
1 004
-
3 656
-
national
11 241
-
40 381
-
municipal
397
-
1 059
-
total
35 071
-
96 892
-
Employer
66 517
-
169 500
-
total
-
-
-
-
Corporate
102 983
169 500
-
-
nationa
24 715
40 681
-
-
municipal
4 964
8 170
-
-
total
29 679
48 851
-
-
Dividends
73 303
120 649
-
-
withholding
19 059
31 369
-
-
total
19 059
31 369
-
-
Income
169 500
169 500
169 500
169 500
Total tax
83 809
80 220
96 892
90 409
After tax
85 691
89 280
72 608
79 091
Living cost
31 447
31 447
31 447
31 447
Free-cash
54 244
57 833
41 161
47 644

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6718
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
₽11146
₽76454
₽98911
-₽3104
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
-
-
-
169 500
pensions
-
-
-
3 184
income
-
-
-
48 425
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
53 755
Employee
26 480
-
154 697
-
health
3 032
-
17 713
-
pensions
2 982
-
5 838
-
income
3 633
-
37 857
-
total
9 647
-
61 408
-
Employer
26 480
-
154 697
-
pensions
4 306
-
8 430
-
accident
442
-
2 584
-
unemployment
649
-
3 790
-
total
5 397
-
14 804
-
Corporate
137 623
169 500
-
-
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.

123 861
152 550
-
-
total
123 861
152 550
-
-
Dividends
13 762
16 950
-
-
withholding
2 615
3 220
-
-
total
2 615
3 220
-
-
Income
169 500
169 500
169 500
169 500
Total tax
141 520
155 770
76 212
53 755
After tax
27 980
13 730
93 288
115 745
Living cost
16 834
16 834
16 834
16 834
Free-cash
11 146
-3 104
76 454
98 911

Estimated living cost  is ₽16834 per week

₽12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3212
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
₽67034
₽74792
₽55736
₽56707
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.

-
-
-
169 500
trade
-
-
-
19 057
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.

-
-
-
55 771
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.

-
-
-
5 393
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.

-
-
-
3 068
total
-
-
-
83 289
Employee

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

39 276
-
169 500
-
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.

5 393
-
5 393
-
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.

3 230
-
55 771
-
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.

178
-
3 068
-
total
8 801
-
64 232
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 224
169 500
-
-
income
19 534
25 425
-
-
trade
18 687
24 323
-
-
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.

1 074
1 399
-
-
chamber of commerce
310
369
-
-
total
39 605
51 516
-
-
Dividends
90 619
117 984
-
-
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.

1 230
1 606
-
-
withholding
22 354
29 196
-
-
total
23 584
30 802
-
-
Income
169 500
169 500
169 500
169 500
Total tax
71 990
82 318
64 232
83 289
After tax
97 510
87 182
105 268
86 211
Living cost
30 476
30 476
30 476
30 476
Free-cash
67 034
56 707
74 792
55 736

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5731
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
₽112702
₽56846
₽44686
₽119179
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.

-
-
-
169 500
income
-
-
-
34 925
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.

-
-
-
30 244
surtax
-
-
-
43 223
total
-
-
-
108 392
Employee
23 066
-
132 286
-
income
4 106
-
29 488
-
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.

2 538
-
10 348
-
surtax
-
-
19 182
-
total
6 644
-
59 018
-
Employer
23 066
-
132 286
-
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.

5 556
-
22 663
-
surtax
-
-
14 551
-
total
5 556
-
37 214
-
Corporate
140 878
169 500
-
-
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%.

28 176
33 899
-
-
total
28 176
33 899
-
-
Dividends

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

112 703
135 601
-
-
total
-
-
-
-
Income
169 500
169 500
169 500
169 500
Total tax
40 376
33 899
96 232
108 392
After tax
129 124
135 601
73 268
61 108
Living cost
16 422
16 422
16 422
16 422
Free-cash
112 702
119 179
56 846
44 686

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
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.
₽4009
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
₽94392
₽93973
₽94668
₽95998
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
-
-
-
169 500
income
-
-
-
52 769
health
-
-
-
5 167
pensions
-
-
-
7 126
total
-
-
-
65 062
Employee
14 880
-
161 483
-
health
744
-
1 782
-
unemployment
149
-
356
-
pensions
1 339
-
3 207
-
income
2 879
-
52 395
-
total
5 111
-
57 740
-
Employer
14 880
-
161 483
-
health
1 414
-
3 385
-
pensions
1 637
-
3 919
-
unemployment
298
-
713
-
total
3 349
-
8 017
-
Corporate
151 272
169 500
-
-
income
33 280
37 290
-
-
total
33 280
37 290
-
-
Dividends
117 992
132 210
-
-
withholding
23 598
26 442
-
-
total
23 598
26 442
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 338
63 732
65 757
65 062
After tax
104 162
105 768
103 743
104 438
Living cost
9 770
9 770
9 770
9 770
Free-cash
94 392
95 998
93 973
94 668

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
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.
₽2948
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
₽86376
₽57250
₽62076
₽88884
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
-
-
-
169 500
pensions
-
-
-
21 071
unemployment
-
-
-
180
income
-
-
-
52 262
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
8 702
total
-
-
-
89 694
Employee
26 583
-
147 324
-
health
679
-
2 686
-
unemployment
1 850
-
7 333
-
pensions
1 774
-
7 027
-
income
4 456
-
47 540
-
other
-
-
-
-
surtax
94
-
7 757
-
total
8 853
-
72 343
-
Employer
26 583
-
147 324
-
health
1 209
-
4 794
-
pensions
3 544
-
14 044
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 177
-
Corporate
137 320
169 500
-
-
income
35 703
44 071
-
-
total
35 703
44 071
-
-
Dividends
101 617
125 429
-
-
withholding
15 242
18 815
-
-
total
15 242
18 815
-
-
Income
169 500
169 500
169 500
169 500
Total tax
65 394
62 886
94 520
89 694
After tax
104 106
106 614
74 980
79 806
Living cost
17 730
17 730
17 730
17 730
Free-cash
86 376
88 884
57 250
62 076

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽5074
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
₽68001
₽19377
₽61936
₽68393
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
-
-
-
169 500
pensions
-
-
-
17 061
chamber of commerce
-