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
₽ 170000
per

Your estimated
City
free-cash

Valencia , Spain
₽87638
₽69927
₽73255
₽91142
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
-
-
-
170 000
unemployment
-
-
-
515
income
-
-
-
52 882
other
-
-
-
74
accident
-
-
-
662
pensions
-
-
-
20 803
total
-
-
-
74 936
Employee
29 325
-
146 565
-
unemployment
455
-
1 139
-
pensions
1 379
-
3 456
-
income
5 654
-
50 160
-
other
29
-
74
-
total
7 517
-
54 829
-
Employer
29 325
-
146 565
-
pensions
6 920
-
17 349
-
accident
581
-
1 455
-
unemployment
1 613
-
4 043
-
other
235
-
588
-
total
9 349
-
23 435
-
Corporate
131 325
170 000
-
-
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.

19 698
25 500
-
-
total
19 698
25 500
-
-
Dividends
111 627
144 500
-
-
withholding
23 989
31 549
-
-
total
23 989
31 549
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 553
57 049
78 264
74 936
After tax
109 447
112 951
91 736
95 064
Living cost
21 809
21 809
21 809
21 809
Free-cash
87 638
91 142
69 927
73 255

Estimated living cost  is ₽21809 per week

₽14721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4610
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
₽98411
₽78314
₽79739
₽103766
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
-
-
-
170 000
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.

-
-
-
28 945
income
-
-
-
29 148
other
-
-
-
5 728
health
-
-
-
5 307
total
-
-
-
69 128
Employee
28 796
-
139 458
-
health
403
-
1 689
-
unemployment
287
-
1 206
-
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.

2 015
-
8 442
-
income
4 958
-
28 674
-
total
7 663
-
40 011
-
Employer
28 796
-
139 458
-
health
403
-
1 689
-
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.

4 896
-
20 503
-
accident
230
-
1 115
-
unemployment
287
-
1 206
-
other
1 440
-
6 029
-
total
7 256
-
30 542
-
Corporate
133 946
170 000
-
-
income
28 129
35 700
-
-
total
28 129
35 700
-
-
Dividends
105 817
134 300
-
-
withholding
7 408
9 401
-
-
total
7 408
9 401
-
-
Income
170 000
170 000
170 000
170 000
Total tax
50 456
45 101
70 553
69 128
After tax
119 544
124 899
99 447
100 872
Living cost
21 133
21 133
21 133
21 133
Free-cash
98 411
103 766
78 314
79 739

Estimated living cost  is ₽21133 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
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.
₽4434
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
₽131283
₽133718
₽126722
₽134962
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
-
-
-
170 000
pensions

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

-
-
-
4 096
unemployment
-
-
-
111
income
-
-
-
25 500
health
-
-
-
3 183
total
-
-
-
32 890
Employee
13 756
-
164 570
-
health
633
-
1 273
-
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.

1 208
-
2 430
-
income
1 375
-
16 457
-
total
3 367
-
20 464
-
Employer
13 756
-
164 570
-
health
949
-
1 910
-
pensions

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

1 516
-
3 050
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 698
-
5 430
-
Corporate
153 545
170 000
-
-
income
15 354
17 000
-
-
total
15 354
17 000
-
-
Dividends
138 191
153 000
-
-
withholding
6 910
7 650
-
-
total
6 910
7 650
-
-
Income
170 000
170 000
170 000
170 000
Total tax
28 329
24 650
25 894
32 890
After tax
141 671
145 350
144 106
137 110
Living cost
10 388
10 388
10 388
10 388
Free-cash
131 283
134 962
133 718
126 722

Estimated living cost  is ₽10388 per week

₽6065
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.
₽3307
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
₽63231
₽62178
₽66623
₽58545
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
-
-
-
170 000
income
-
-
-
30 571
other
-
-
-
5 271
health
-
-
-
8 133
social contributions
-
-
-
4 843
pensions
-
-
-
27 425
surtax
-
-
-
-
total
-
-
-
76 243
Employee
33 943
-
130 039
-
pensions
3 838
-
9 677
-
income
2 003
-
27 346
-
social contributions
968
-
3 704
-
surtax
-
-
-
-
total
6 809
-
40 727
-
Employer
33 943
-
130 039
-
health
2 376
-
12 783
-
social contributions
102
-
390
-
pensions
5 576
-
16 178
-
unemployment
1 374
-
5 266
-
other
1 171
-
5 344
-
total
10 599
-
39 961
-
Corporate
125 457
170 000
-
-
income
35 128
47 600
-
-
surtax
-
-
-
-
total
35 128
47 600
-
-
Dividends
90 329
122 400
-
-
social contributions
15 537
21 053
-
-
surtax
-
-
-
-
withholding
11 562
15 668
-
-
total
27 099
36 721
-
-
Income
170 000
170 000
170 000
170 000
Total tax
79 635
84 321
80 688
76 243
After tax
90 365
85 679
89 312
93 757
Living cost
27 134
27 134
27 134
27 134
Free-cash
63 231
58 545
62 178
66 623

Estimated living cost  is ₽27134 per week

₽17109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2206
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.
₽7358
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
₽46535
₽75515
₽58521
₽51393
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
-
-
-
170 000
pensions
-
-
-
9 292
income
-
-
-
59 183
health
-
-
-
9 780
total
-
-
-
78 255
Employee
67 727
67 727
155 261
-
health
10 395
8 842
9 780
-
pensions
12 191
9 292
9 292
-
income

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

11 086
11 086
27 450
-
total
33 672
29 220
46 522
-
Employer
67 727
67 727
155 261
-
health
4 708
4 708
5 850
-
pensions
4 714
4 714
5 859
-
unemployment
2 438
2 438
3 030
-
total
11 860
11 860
14 739
-
Corporate
91 244
90 413
-
-
income
18 249
18 083
-
-
total
18 249
18 083
-
-
Dividends
72 995
72 330
-
-
income
15 511
15 370
-
-
withholding
10 949
10 850
-
-
total
26 460
26 220
-
-
Income
170 000
170 000
170 000
170 000
Total tax
90 241
85 383
61 261
78 255
After tax
79 759
84 617
108 739
91 745
Living cost
33 224
33 224
33 224
33 224
Free-cash
46 535
51 393
75 515
58 521

Estimated living cost  is ₽33224 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽6156
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
₽70441
₽81577
₽60610
₽61671
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.

-
-
-
170 000
trade
-
-
-
20 967
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.

-
-
-
55 908
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.

-
-
-
5 418
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.

-
-
-
3 075
total
-
-
-
85 368
Employee

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

30 334
-
170 000
-
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.

5 418
-
5 418
-
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.

847
-
55 908
-
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
-
3 075
-
total
6 312
-
64 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
139 666
170 000
-
-
income
20 950
25 500
-
-
trade
21 998
26 775
-
-
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.

1 153
1 403
-
-
chamber of commerce
321
364
-
-
total
44 422
54 042
-
-
Dividends
95 244
115 958
-
-
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.

1 293
1 577
-
-
withholding
23 510
28 688
-
-
total
24 803
30 265
-
-
Income
170 000
170 000
170 000
170 000
Total tax
75 537
84 307
64 401
85 368
After tax
94 463
85 693
105 599
84 632
Living cost
24 022
24 022
24 022
24 022
Free-cash
70 441
61 671
81 577
60 610

Estimated living cost  is ₽24022 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
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.
₽5662
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
₽101240
₽94903
₽96315
₽105556
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
-
-
-
170 000
income
-
-
-
38 156
health
-
-
-
4 335
social contributions
-
-
-
12 832
total
-
-
-
55 323
Employee
60 985
60 985
160 210
-
health
473
1 037
2 724
-
income
6 640
5 645
37 394
-
social contributions
2 306
5 061
6 827
-
total
9 419
11 743
46 945
-
Employer
60 985
60 985
160 210
-
health
513
1 129
2 963
-
social contributions
2 306
5 061
6 827
-
total
2 819
6 190
9 790
-
Corporate
139 400
102 824
-
-
income
17 425
12 853
-
-
total
17 425
12 853
-
-
Dividends
121 975
89 971
-
-
withholding
20 735
15 296
-
-
total
20 735
15 296
-
-
Income
170 000
170 000
170 000
170 000
Total tax
50 398
46 082
56 735
55 323
After tax
119 602
123 918
113 265
114 677
Living cost
18 362
18 362
18 362
18 362
Free-cash
101 240
105 556
94 903
96 315

Estimated living cost  is ₽18362 per week

₽11005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5150
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
₽71021
₽51258
₽64221
₽71819
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.

-
-
-
170 000
income
-
-
-
21 827
social contributions

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

-
-
-
59 075
surtax
-
-
-
-
total
-
-
-
80 902
Employee
36 476
-
137 374
-
income
7 587
-
46 081
-
social contributions
4 012
-
15 111
-
surtax
-
-
47
-
total
11 599
-
61 239
-
Employer
36 476
-
137 374
-
social contributions
8 663
-
32 626
-
total
8 663
-
32 626
-
Corporate
124 861
170 000
-
-
income
26 221
35 700
-
-
surtax
-
-
-
-
total
26 221
35 700
-
-
Dividends
98 640
134 300
-
-
withholding
27 619
37 604
-
-
total
27 619
37 604
-
-
Income
170 000
170 000
170 000
170 000
Total tax
74 102
73 304
93 865
80 902
After tax
95 898
96 696
76 135
89 098
Living cost
24 877
24 877
24 877
24 877
Free-cash
71 021
71 819
51 258
64 221

Estimated living cost  is ₽24877 per week

₽18613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽154370
₽129996
₽162296
₽155496
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%.

-
-
-
170 000
microenterprise

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

-
-
-
1 700
total
-
-
-
1 700
Employee
7 505
-
170 000
-
income
1 501
-
34 000
-
total
1 501
-
34 000
-
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%.

162 495
170 000
-
-
total
-
-
-
-
Dividends
162 495
170 000
-
-
withholding
8 125
8 500
-
-
total
8 125
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
9 626
8 500
34 000
1 700
After tax
160 374
161 500
136 000
168 300
Living cost
6 004
6 004
6 004
6 004
Free-cash
154 370
155 496
129 996
162 296

Estimated living cost  is ₽6004 per week

₽3721
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.
₽1619
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
₽89138
₽54849
₽58543
₽95772
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.

-
-
-
170 000
pensions
-
-
-
31 046
unemployment
-
-
-
254
income
-
-
-
42 157
health
-
-
-
16 727
total
-
-
-
90 184
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.

35 071
-
147 096
-
health
2 265
-
9 503
-
unemployment
50
-
206
-
pensions
5 436
-
22 800
-
income
6 048
-
38 465
-
total
13 799
-
70 974
-
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.

35 071
-
147 096
-
health
2 336
-
9 796
-
pensions
3 103
-
13 019
-
unemployment
21
-
89
-
total
5 460
-
22 904
-
Corporate
129 469
170 000
-
-
income
24 599
32 300
-
-
total
24 599
32 300
-
-
Dividends
104 870
137 700
-
-
withholding
15 731
20 655
-
-
total
15 731
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
59 589
52 955
93 878
90 184
After tax
110 411
117 045
76 122
79 816
Living cost
21 273
21 273
21 273
21 273
Free-cash
89 138
95 772
54 849
58 543

Estimated living cost  is ₽21273 per week

₽14599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
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.
₽4899
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
₽80292
₽90234
₽110730
₽77519
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.

-
-
-
170 000
income
-
-
-
25 500
health

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

-
-
-
4 980
total
-
-
-
30 480
Employee
36 383
-
166 352
-
social contributions
3 645
-
3 648
-
income
3 948
-
43 680
-
total
7 593
-
47 328
-
Employer
36 383
-
166 352
-
social contributions
3 645
-
3 648
-
total
3 645
-
3 648
-
Corporate
129 972
170 000
-
-
income
45 490
59 501
-
-
total
45 490
59 501
-
-
Dividends
84 482
110 499
-
-
social contributions
4 190
4 190
-
-
total
4 190
4 190
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 918
63 691
50 976
30 480
After tax
109 082
106 309
119 024
139 520
Living cost
28 790
28 790
28 790
28 790
Free-cash
80 292
77 519
90 234
110 730

Estimated living cost  is ₽28790 per week

₽18964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2270
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.
₽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
Vilnius , Lithuania
₽87311
₽87960
₽92356
₽86897
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
-
-
-
170 000
income
-
-
-
25 500
health
-
-
-
11 866
social contributions
-
-
-
23 461
total
-
-
-
60 827
Employee
26 891
-
170 000
-
health
1 877
-
11 866
-
income
4 485
-
29 896
-
social contributions
3 711
-
23 461
-
total
10 073
-
65 223
-
Employer
26 891
-
170 000
-
total
-
-
-
-
Corporate
143 109
170 000
-
-
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%.

7 155
8 501
-
-
total
7 155
8 501
-
-
Dividends
135 954
161 499
-
-
social contributions
18 762
22 287
-
-
withholding
20 393
24 225
-
-
health
9 489
11 273
-
-
total
48 644
57 785
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 872
66 286
65 223
60 827
After tax
104 128
103 714
104 777
109 173
Living cost
16 817
16 817
16 817
16 817
Free-cash
87 311
86 897
87 960
92 356

Estimated living cost  is ₽16817 per week

₽11255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1037
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.
₽4137
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
₽86908
₽70984
₽78473
₽94833
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
-
-
-
170 000
income
-
-
-
18 167
health
-
-
-
22 950
social contributions
-
-
-
25 938
solidarity contribution
-
-
-
2 260
total
-
-
-
69 315
Employee
32 665
-
135 590
-
health
4 410
-
18 305
-
solidarity contribution
-
-
1 588
-
income
3 920
-
16 727
-
social contributions
2 123
-
5 774
-
total
10 453
-
42 394
-
Employer
32 665
-
135 590
-
health
2 940
-
12 203
-
social contributions
8 166
-
22 207
-
total
11 106
-
34 410
-
Corporate
126 230
170 000
-
-
income
23 984
32 300
-
-
total
23 984
32 300
-
-
Dividends
102 246
137 700
-
-
withholding
15 337
20 655
-
-
total
15 337
20 655
-
-
Income
170 000
170 000
170 000
170 000
Total tax
60 880
52 955
76 804
69 315
After tax
109 120
117 045
93 196
100 685
Living cost
22 212
22 212
22 212
22 212
Free-cash
86 908
94 833
70 984
78 473

Estimated living cost  is ₽22212 per week

₽16518
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.
₽4079
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
₽150389
₽126643
₽158943
₽152143
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%.

-
-
-
170 000
microenterprise

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

-
-
-
1 700
total
-
-
-
1 700
Employee
11 696
-
170 000
-
income
2 339
-
34 000
-
total
2 339
-
34 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

158 304
170 000
-
-
total
-
-
-
-
Dividends
158 304
170 000
-
-
withholding
7 915
8 500
-
-
total
7 915
8 500
-
-
Income
170 000
170 000
170 000
170 000
Total tax
10 254
8 500
34 000
1 700
After tax
159 746
161 500
136 000
168 300
Living cost
9 357
9 357
9 357
9 357
Free-cash
150 389
152 143
126 643
158 943

Estimated living cost  is ₽9357 per week

₽6332
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.
₽2318
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
₽52827
₽51007
₽55452
₽47374
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
-
-
-
170 000
income
-
-
-
30 571
other
-
-
-
5 271
health
-
-
-
8 133
social contributions
-
-
-
4 843
pensions
-
-
-
27 425
surtax
-
-
-
-
total
-
-
-
76 243
Employee
49 673
-
130 039
-
pensions
5 618
-
9 677
-
income
4 334
-
27 346
-
social contributions
1 415
-
3 704
-
surtax
-
-
-
-
total
11 367
-
40 727
-
Employer
49 673
-
130 039
-
health
3 477
-
12 783
-
social contributions
149
-
390
-
pensions
8 162
-
16 178
-
unemployment
2 012
-
5 266
-
other
1 714
-
5 344
-
total
15 514
-
39 961
-
Corporate
104 813
170 000
-
-
income
29 347
47 600
-
-
surtax
-
-
-
-
total
29 347
47 600
-
-
Dividends
75 466
122 400
-
-
social contributions
12 981
21 053
-
-
surtax
-
-
-
-
withholding
9 659
15 668
-
-
total
22 640
36 721
-
-
Income
170 000
170 000
170 000
170 000
Total tax
78 868
84 321
80 688
76 243
After tax
91 132
85 679
89 312
93 757
Living cost
38 305
38 305
38 305
38 305
Free-cash
52 827
47 374
51 007
55 452

Estimated living cost  is ₽38305 per week

₽25924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽8722
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
₽105271
₽95061
₽95061
₽109159
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.

-
-
-
170 000
pensions
-
-
-
15 183
unemployment
-
-
-
876
income
-
-
-
39 199
health
-
-
-
6 015
total
-
-
-
61 273
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.

20 607
-
159 547
-
health
1 061
-
3 007
-
unemployment
155
-
438
-
pensions
2 885
-
8 176
-
income
2 840
-
39 199
-
total
6 941
-
50 820
-
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.

20 607
-
159 547
-
health
1 061
-
3 007
-
pensions
2 473
-
7 008
-
unemployment
155
-
438
-
total
3 689
-
10 453
-
Corporate
145 705
170 000
-
-
income
21 856
25 500
-
-
total
21 856
25 500
-
-
Dividends
123 849
144 500
-
-
withholding
18 577
21 675
-
-
total
18 577
21 675
-
-
Income
170 000
170 000
170 000
170 000
Total tax
51 063
47 175
61 273
61 273
After tax
118 937
122 825
108 727
108 727
Living cost
13 666
13 666
13 666
13 666
Free-cash
105 271
109 159
95 061
95 061

Estimated living cost  is ₽13666 per week

₽9201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽3012
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
₽46842
₽74482
₽80020
₽23738
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
-
-
-
170 000
pensions
-
-
-
15 640
city
-
-
-
1 792
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.

-
-
-
3 399
health
-
-
-
383
regional
-
-
-
9 844
national
-
-
-
4 922
total
-
-
-
35 980
Employee
63 194
-
153 285
-
health
143
-
345
-
unemployment
-
-
-
-
city
678
-
1 662
-
pensions
5 309
-
11 618
-
regional
2 069
-
8 817
-
national
299
-
4 048
-
total
8 498
-
26 490
-
Employer
63 194
-
153 285
-
health
143
-
345
-
pensions
5 309
-
11 618
-
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.

1 263
-
3 065
-
total
6 715
-
15 028
-
Corporate
99 396
170 000
-
-
regional
21 023
35 954
-
-
national
8 449
14 450
-
-
total
29 472
50 404
-
-
Dividends
69 924
119 595
-
-
withholding
24 473
41 858
-
-
total
24 473
41 858
-
-
Income
170 000
170 000
170 000
170 000
Total tax
69 158
92 262
41 518
35 980
After tax
100 842
77 738
128 482
134 020
Living cost
54 000
54 000
54 000
54 000
Free-cash
46 842
23 738
74 482
80 020

Estimated living cost  is ₽54000 per week

₽35115
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.
₽13375
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
₽76643
₽55325
₽74796
₽74193
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

-
-
-
170 000
municipal
-
-
-
30 188
health
-
-
-
2 288
national
-
-
-
32 279
total
-
-
-
64 755
Employee
41 726
-
143 013
-
health
312
-
1 871
-
unemployment
626
-
2 145
-
pensions
2 816
-
9 653
-
national
689
-
20 288
-
municipal
6 834
-
23 282
-
total
11 277
-
57 239
-
Employer
41 726
-
143 013
-
health
321
-
1 102
-
pensions
7 239
-
24 812
-
accident
42
-
143
-
unemployment
271
-
930
-
total
7 873
-
26 987
-
Corporate
120 401
170 000
-
-
income
24 081
34 001
-
-
total
24 081
34 001
-
-
Dividends

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

72 240
102 000
-
-
municipal
13 004
18 360
-
-
national
6 673
12 997
-
-
total
19 677
31 357
-
-
Income
170 000
170 000
170 000
170 000
Total tax
62 908
65 358
84 226
64 755
After tax
107 092
104 642
85 774
105 245
Living cost
30 449
30 449
30 449
30 449
Free-cash
76 643
74 193
55 325
74 796

Estimated living cost  is ₽30449 per week

₽19889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2929
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.
₽7147
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
₽54199
₽29247
₽44980
₽64843
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
-
-
-
170 000
communal

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

-
-
-
9 014
social contributions
-
-
-
19 773
national
-
-
-
67 316
total
-
-
-
96 103
Employee

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

56 731
-
131 669
-
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.

2 665
-
6 189
-
communal

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

2 959
-
6 868
-
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
-
1 145
-
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.

4 255
-
9 875
-
national
17 441
-
49 433
-
total
27 814
-
73 510
-
Employer

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

56 731
-
131 669
-
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.

3 489
-
8 097
-
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.

5 027
-
11 666
-
surtax
6 433
-
14 930
-
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.

737
-
1 711
-
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.

828
-
1 922
-
total
16 514
-
38 326
-
Corporate
96 756
170 000
-
-
income
19 352
35 754
-
-
surtax
387
715
-
-
total
19 739
36 469
-
-
Dividends
77 017
133 531
-
-
withholding

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

22 817
39 771
-
-
total
22 817
39 771
-
-
Income
170 000
170 000
170 000
170 000
Total tax
86 884
76 240
111 836
96 103
After tax
83 116
93 760
58 164
73 897
Living cost
28 917
28 917
28 917
28 917
Free-cash
54 199
64 843
29 247
44 980

Estimated living cost  is ₽28917 per week

₽18626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2528
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.
₽7310
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
₽57751
₽51018
₽51849
₽58522
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
-
-
-
170 000
unemployment
-
-
-
75
municipal
-
-
-
44 200
other
-
-
-
8 735
health
-
-
-
4 691
national
-
-
-
17 876
accident
-
-
-
150
pensions
-
-
-
8 126
total
-
-
-
83 853
Employee
48 872
-
146 382
-
national
-
-
17 415
-
municipal
14 574
-
43 651
-
total
14 574
-
61 066
-
Employer
48 872
-
146 382
-
health
3 006
-
4 623
-
pensions
5 283
-
8 126
-
accident
98
-
150
-
unemployment
1 290
-
1 984
-
other
5 679
-
8 735
-
total
15 356
-
23 618
-
Corporate
105 772
170 000
-
-
income
23 270
37 400
-
-
total
23 270
37 400
-
-
Dividends
82 502
132 600
-
-
withholding
24 751
39 780
-
-
total
24 751
39 780
-
-
Income
170 000
170 000
170 000
170 000
Total tax
77 951
77 180
84 684
83 853
After tax
92 049
92 820
85 316
86 147
Living cost
34 298
34 298
34 298
34 298
Free-cash
57 751
58 522
51 018
51 849

Estimated living cost  is ₽34298 per week

₽22732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽7680
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
₽23278
₽120254
₽79361
₽65305
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
-
-
-
170 000
income
-
-
-
33 136
social contributions
-
-
-
19 380
total
-
-
-
52 516
Employee
54 663
-
-
-
income
12 058
-
-
-
social contributions
4 482
-
639
-
total
16 540
-
639
-
Employer
54 663
-
-
-
social contributions
77 075
-
10 984
-
total
77 075
-
10 984
-
Corporate
38 262
170 000
-
-
income
8 418
37 400
-
-
total
8 418
37 400
-
-
Dividends
29 844
132 600
-
-
income
6 566
29 172
-
-
total
6 566
29 172
-
-
Income
170 000
170 000
170 000
170 000
Total tax
108 599
66 572
11 623
52 516
After tax
61 401
103 428
158 377
117 484
Living cost
38 123
38 123
38 123
38 123
Free-cash
23 278
65 305
120 254
79 361

Estimated living cost  is ₽38123 per week

₽24736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
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.
₽9316
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
₽94906
₽87541
₽88953
₽98194
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
-
-
-
170 000
income
-
-
-
38 156
health
-
-
-
4 335
social contributions
-
-
-
12 832
total
-
-
-
55 323
Employee
60 985
60 985
160 210
-
health
607
1 037
2 724
-
income
6 404
5 645
37 394
-
social contributions
2 963
5 061
6 827
-
total
9 974
11 743
46 945
-
Employer
60 985
60 985
160 210
-
health
661
1 129
2 963
-
social contributions
2 963
5 061
6 827
-
total
3 624
6 190
9 790
-
Corporate
130 678
102 824
-
-
income
16 334
12 853
-
-
total
16 334
12 853
-
-
Dividends
114 344
89 971
-
-
withholding
19 438
15 296
-
-
total
19 438
15 296
-
-
Income
170 000
170 000
170 000
170 000
Total tax
49 370
46 082
56 735
55 323
After tax
120 630
123 918
113 265
114 677
Living cost
25 724
25 724
25 724
25 724
Free-cash
94 906
98 194
87 541
88 953

Estimated living cost  is ₽25724 per week

₽17585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2009
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.
₽5698
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
₽83647
₽66585
₽81775
₽79143
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
-
-
-
170 000
income
-
-
-
52 413
pensions
-
-
-
7 563
total
-
-
-
59 976
Employee
38 776
-
148 171
-
health
506
-
2 009
-
pensions
2 960
-
9 040
-
income
7 061
-
42 287
-
total
10 527
-
53 336
-
Employer
38 776
-
148 171
-
health
737
-
2 816
-
pensions
3 918
-
19 014
-
total
4 655
-
21 830
-
Corporate
126 569
170 000
-
-
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.

24 048
32 301
-
-
total
24 048
32 301
-
-
Dividends
102 521
137 699
-
-
withholding
18 874
30 307
-
-
total
18 874
30 307
-
-
Income
170 000
170 000
170 000
170 000
Total tax
58 104
62 608
75 166
59 976
After tax
111 896
107 392
94 834
110 024
Living cost
28 249
28 249
28 249
28 249
Free-cash
83 647
79 143
66 585
81 775

Estimated living cost  is ₽28249 per week

₽19379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5917
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
₽54341
₽41197
₽47712
₽57950
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
-
-
-
170 000
municipal
-
-
-
1 172
regional
-
-
-
4 075
social contributions
-
-
-
39 694
national
-
-
-
45 752
total
-
-
-
90 693
Employee
66 831
-
170 000
-
social contributions
22 535
-
52 040
-
regional
1 009
-
3 663
-
national
11 294
-
40 444
-
municipal
399
-
1 061
-
total
35 237
-
97 208
-
Employer
66 831
-
170 000
-
total
-
-
-
-
Corporate
103 169
170 000
-
-
nationa
24 761
40 800
-
-
municipal
4 973
8 193
-
-
total
29 734
48 993
-
-
Dividends
73 435
121 006
-
-
withholding
19 093
31 462
-
-
total
19 093
31 462
-
-
Income
170 000
170 000
170 000
170 000
Total tax
84 064
80 455
97 208
90 693
After tax
85 936
89 545
72 792
79 307
Living cost
31 595
31 595
31 595
31 595
Free-cash
54 341
57 950
41 197
47 712

Estimated living cost  is ₽31595 per week

₽22193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
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
₽11166
₽76577
₽99123
-₽3195
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
-
-
-
170 000
pensions
-
-
-
3 209
income
-
-
-
48 540
other
-
-
-
286
health
-
-
-
1 682
accident
-
-
-
195
total
-
-
-
53 912
Employee
26 687
-
155 113
-
health
3 056
-
17 760
-
pensions
3 005
-
5 883
-
income
3 661
-
37 929
-
total
9 722
-
61 572
-
Employer
26 687
-
155 113
-
pensions
4 340
-
8 496
-
accident
446
-
2 590
-
unemployment
654
-
3 800
-
total
5 440
-
14 886
-
Corporate
137 874
170 000
-
-
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.

124 087
153 000
-
-
total
124 087
153 000
-
-
Dividends
13 787
17 000
-
-
withholding
2 620
3 230
-
-
total
2 620
3 230
-
-
Income
170 000
170 000
170 000
170 000
Total tax
141 869
156 230
76 458
53 912
After tax
28 131
13 770
93 542
116 088
Living cost
16 965
16 965
16 965
16 965
Free-cash
11 166
-3 195
76 577
99 123

Estimated living cost  is ₽16965 per week

₽12434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
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.
₽3237
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
₽67196
₽74980
₽55876
₽56821
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.

-
-
-
170 000
trade
-
-
-
19 104
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.

-
-
-
55 908
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.

-
-
-
5 418
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.

-
-
-
3 075
total
-
-
-
83 505
Employee

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

39 461
-
170 000
-
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.

5 418
-
5 418
-
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.

3 245
-
55 908
-
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
-
3 075
-
total
8 842
-
64 401
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
130 539
170 000
-
-
income
19 581
25 500
-
-
trade
18 732
24 395
-
-
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.

1 078
1 403
-
-
chamber of commerce
312
370
-
-
total
39 703
51 668
-
-
Dividends
90 837
118 332
-
-
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.

1 233
1 610
-
-
withholding
22 407
29 282
-
-
total
23 640
30 892
-
-
Income
170 000
170 000
170 000
170 000
Total tax
72 185
82 560
64 401
83 505
After tax
97 815
87 440
105 599
86 495
Living cost
30 619
30 619
30 619
30 619
Free-cash
67 196
56 821
74 980
55 876

Estimated living cost  is ₽30619 per week

₽21122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
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.
₽5758
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
₽112995
₽56968
₽44768
₽119499
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.

-
-
-
170 000
income
-
-
-
34 995
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.

-
-
-
30 387
surtax
-
-
-
43 350
total
-
-
-
108 732
Employee
23 175
-
132 640
-
income
4 125
-
29 542
-
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.

2 550
-
10 397
-
surtax
-
-
19 233
-
total
6 675
-
59 172
-
Employer
23 175
-
132 640
-
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.

5 582
-
22 770
-
surtax
-
-
14 590
-
total
5 582
-
37 360
-
Corporate
141 243
170 000
-
-
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%.

28 248
34 001
-
-
total
28 248
34 001
-
-
Dividends

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

112 995
135 999
-
-
total
-
-
-
-
Income
170 000
170 000
170 000
170 000
Total tax
40 505
34 001
96 532
108 732
After tax
129 495
135 999
73 468
61 268
Living cost
16 500
16 500
16 500
16 500
Free-cash
112 995
119 499
56 968
44 768

Estimated living cost  is ₽16500 per week

₽10526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
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.
₽4028
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
₽94650
₽94222
₽94920
₽96264
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
-
-
-
170 000
income
-
-
-
52 913
health
-
-
-
5 191
pensions
-
-
-
7 160
total
-
-
-
65 264
Employee
14 951
-
161 945
-
health
748
-
1 790
-
unemployment
150
-
358
-
pensions
1 346
-
3 222
-
income
2 892
-
52 537
-
total
5 136
-
57 907
-
Employer
14 951
-
161 945
-
health
1 420
-
3 401
-
pensions
1 645
-
3 938
-
unemployment
299
-
716
-
total
3 364
-
8 055
-
Corporate
151 685
170 000
-
-
income
33 371
37 400
-
-
total
33 371
37 400
-
-
Dividends
118 314
132 600
-
-
withholding
23 663
26 520
-
-
total
23 663
26 520
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 534
63 920
65 962
65 264
After tax
104 466
106 080
104 038
104 736
Living cost
9 816
9 816
9 816
9 816
Free-cash
94 650
96 264
94 222
94 920

Estimated living cost  is ₽9816 per week

₽5833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽796
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.
₽2962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽86593
₽57383
₽62231
₽89116
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
-
-
-
170 000
pensions
-
-
-
21 170
unemployment
-
-
-
181
income
-
-
-
52 373
other
-
-
-
-
health
-
-
-
7 515
surtax
-
-
-
8 716
total
-
-
-
89 955
Employee
26 709
-
147 719
-
health
682
-
2 699
-
unemployment
1 859
-
7 367
-
pensions
1 782
-
7 060
-
income
4 478
-
47 630
-
other
-
-
-
-
surtax
95
-
7 766
-
total
8 896
-
72 522
-
Employer
26 709
-
147 719
-
health
1 215
-
4 816
-
pensions
3 561
-
14 110
-
unemployment
847
-
3 355
-
other
-
-
-
-
total
5 623
-
22 281
-
Corporate
137 668
170 000
-
-
income
35 793
44 200
-
-
total
35 793
44 200
-
-
Dividends
101 875
125 800
-
-
withholding
15 281
18 870
-
-
total
15 281
18 870
-
-
Income
170 000
170 000
170 000
170 000
Total tax
65 593
63 070
94 803
89 955
After tax
104 407
106 930
75 197
80 045
Living cost
17 814
17 814
17 814
17 814
Free-cash
86 593
89 116
57 383
62 231

Estimated living cost  is ₽17814 per week

₽10755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1549
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.
₽5098
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
₽68162
₽19394
₽62080
₽68554
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
-
-
-
170 000
pensions
-
-
-
17 141
chamber of commerce
-