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
₽ 171500
per

Your estimated
City
free-cash

Valencia , Spain
₽89039
₽71172
₽74440
₽92481
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
-
-
-
171 500
unemployment
-
-
-
506
income
-
-
-
53 977
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
75 638
Employee
28 804
-
148 481
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
51 302
-
other
28
-
72
-
total
7 381
-
55 887
-
Employer
28 804
-
148 481
-
pensions
6 797
-
17 040
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 019
-
Corporate
133 512
171 500
-
-
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.

20 027
25 725
-
-
total
20 027
25 725
-
-
Dividends
113 486
145 775
-
-
withholding
24 447
31 872
-
-
total
24 447
31 872
-
-
Income
171 500
171 500
171 500
171 500
Total tax
61 039
57 597
78 906
75 638
After tax
110 461
113 903
92 594
95 862
Living cost
21 422
21 422
21 422
21 422
Free-cash
89 039
92 481
71 172
74 440

Estimated living cost  is ₽21422 per week

₽14459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2059
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.
₽4528
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
₽99983
₽80285
₽81713
₽105246
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
-
-
-
171 500
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.

-
-
-
28 431
income
-
-
-
29 761
other
-
-
-
5 626
health
-
-
-
5 212
total
-
-
-
69 030
Employee
28 285
-
141 464
-
health
396
-
1 659
-
unemployment
282
-
1 184
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 979
-
8 292
-
income
4 870
-
29 287
-
total
7 527
-
40 422
-
Employer
28 285
-
141 464
-
health
396
-
1 659
-
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.

4 809
-
20 139
-
accident
226
-
1 132
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
30 036
-
Corporate
136 087
171 500
-
-
income
28 579
36 014
-
-
total
28 579
36 014
-
-
Dividends
107 508
135 486
-
-
withholding
7 526
9 483
-
-
total
7 526
9 483
-
-
Income
171 500
171 500
171 500
171 500
Total tax
50 760
45 497
70 458
69 030
After tax
120 740
126 003
101 042
102 470
Living cost
20 757
20 757
20 757
20 757
Free-cash
99 983
105 246
80 285
81 713

Estimated living cost  is ₽20757 per week

₽14666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
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.
₽4355
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
₽132794
₽135382
₽128287
₽136413
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
-
-
-
171 500
pensions

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

-
-
-
4 029
unemployment
-
-
-
109
income
-
-
-
25 725
health
-
-
-
3 131
total
-
-
-
32 994
Employee
13 532
-
166 159
-
health
622
-
1 252
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
pensions

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

1 188
-
2 391
-
income
1 353
-
16 616
-
total
3 312
-
20 558
-
Employer
13 532
-
166 159
-
health
934
-
1 879
-
pensions

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

1 491
-
3 000
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 655
-
5 341
-
Corporate
155 313
171 500
-
-
income
15 531
17 150
-
-
total
15 531
17 150
-
-
Dividends
139 782
154 350
-
-
withholding
6 989
7 718
-
-
total
6 989
7 718
-
-
Income
171 500
171 500
171 500
171 500
Total tax
28 487
24 868
25 899
32 994
After tax
143 013
146 632
145 601
138 506
Living cost
10 219
10 219
10 219
10 219
Free-cash
132 794
136 413
135 382
128 287

Estimated living cost  is ₽10219 per week

₽5966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3253
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
₽64386
₽62735
₽67521
₽59782
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
-
-
-
171 500
income
-
-
-
31 490
other
-
-
-
5 316
health
-
-
-
8 321
social contributions
-
-
-
4 887
pensions
-
-
-
27 313
surtax
-
-
-
-
total
-
-
-
77 327
Employee
33 340
-
130 980
-
pensions
3 770
-
9 834
-
income
1 968
-
28 027
-
social contributions
951
-
3 731
-
surtax
-
-
-
-
total
6 689
-
41 592
-
Employer
33 340
-
130 980
-
health
2 334
-
12 979
-
social contributions
101
-
393
-
pensions
5 477
-
16 426
-
unemployment
1 350
-
5 304
-
other
1 150
-
5 419
-
total
10 412
-
40 521
-
Corporate
127 748
171 500
-
-
income
35 769
48 020
-
-
surtax
-
-
-
-
total
35 769
48 020
-
-
Dividends
91 979
123 480
-
-
social contributions
15 819
21 240
-
-
surtax
-
-
-
-
withholding
11 773
15 806
-
-
total
27 592
37 046
-
-
Income
171 500
171 500
171 500
171 500
Total tax
80 462
85 066
82 113
77 327
After tax
91 038
86 434
89 387
94 173
Living cost
26 652
26 652
26 652
26 652
Free-cash
64 386
59 782
62 735
67 521

Estimated living cost  is ₽26652 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7227
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
₽48013
₽77056
₽59662
₽52786
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
-
-
-
171 500
pensions
-
-
-
9 127
income
-
-
-
60 471
health
-
-
-
9 606
total
-
-
-
79 204
Employee
66 524
66 524
157 023
-
health
10 211
8 685
9 606
-
pensions
11 974
9 127
9 127
-
income

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

10 889
10 889
28 600
-
total
33 074
28 701
47 333
-
Employer
66 524
66 524
157 023
-
health
4 624
4 624
5 746
-
pensions
4 630
4 630
5 755
-
unemployment
2 395
2 395
2 976
-
total
11 649
11 649
14 477
-
Corporate
94 143
93 327
-
-
income
18 829
18 665
-
-
total
18 829
18 665
-
-
Dividends
75 314
74 662
-
-
income
16 004
15 865
-
-
withholding
11 297
11 200
-
-
total
27 301
27 065
-
-
Income
171 500
171 500
171 500
171 500
Total tax
90 853
86 080
61 810
79 204
After tax
80 647
85 420
109 690
92 296
Living cost
32 634
32 634
32 634
32 634
Free-cash
48 013
52 786
77 056
59 662

Estimated living cost  is ₽32634 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽6046
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
₽71464
₽82644
₽61337
₽62846
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.

-
-
-
171 500
trade
-
-
-
21 307
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.

-
-
-
56 814
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.

-
-
-
5 322
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.

-
-
-
3 125
total
-
-
-
86 568
Employee

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

29 795
-
171 500
-
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.

5 322
-
5 322
-
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.

832
-
56 814
-
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
-
3 125
-
total
6 200
-
65 261
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
141 705
171 500
-
-
income
21 255
25 725
-
-
trade
22 318
27 012
-
-
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.

1 169
1 415
-
-
chamber of commerce
322
365
-
-
total
45 064
54 517
-
-
Dividends
96 640
116 983
-
-
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.

1 313
1 592
-
-
withholding
23 864
28 950
-
-
total
25 177
30 542
-
-
Income
171 500
171 500
171 500
171 500
Total tax
76 441
85 059
65 261
86 568
After tax
95 059
86 441
106 239
84 932
Living cost
23 595
23 595
23 595
23 595
Free-cash
71 464
62 846
82 644
61 337

Estimated living cost  is ₽23595 per week

₽14842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
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.
₽5561
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
₽102724
₽96050
₽97467
₽106961
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
-
-
-
171 500
income
-
-
-
39 020
health
-
-
-
4 373
social contributions
-
-
-
12 604
total
-
-
-
55 997
Employee
59 902
59 902
161 801
-
health
464
1 019
2 751
-
income
6 522
5 545
38 257
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
47 714
-
Employer
59 902
59 902
161 801
-
health
504
1 109
2 994
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
9 700
-
Corporate
141 444
105 518
-
-
income
17 681
13 189
-
-
total
17 681
13 189
-
-
Dividends
123 763
92 329
-
-
withholding
21 039
15 697
-
-
total
21 039
15 697
-
-
Income
171 500
171 500
171 500
171 500
Total tax
50 740
46 503
57 414
55 997
After tax
120 760
124 997
114 086
115 503
Living cost
18 036
18 036
18 036
18 036
Free-cash
102 724
106 961
96 050
97 467

Estimated living cost  is ₽18036 per week

₽10809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽5059
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
₽72330
₽51959
₽65212
₽73115
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.

-
-
-
171 500
income
-
-
-
22 257
social contributions

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

-
-
-
59 596
surtax
-
-
-
-
total
-
-
-
81 853
Employee
35 828
-
138 586
-
income
7 452
-
46 821
-
social contributions
3 941
-
15 244
-
surtax
-
-
127
-
total
11 393
-
62 192
-
Employer
35 828
-
138 586
-
social contributions
8 509
-
32 914
-
total
8 509
-
32 914
-
Corporate
127 163
171 500
-
-
income
26 704
36 014
-
-
surtax
-
-
-
-
total
26 704
36 014
-
-
Dividends
100 459
135 486
-
-
withholding
28 129
37 936
-
-
total
28 129
37 936
-
-
Income
171 500
171 500
171 500
171 500
Total tax
74 735
73 950
95 106
81 853
After tax
96 765
97 550
76 394
89 647
Living cost
24 435
24 435
24 435
24 435
Free-cash
72 330
73 115
51 959
65 212

Estimated living cost  is ₽24435 per week

₽18282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
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
₽156022
₽131387
₽163972
₽157112
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%.

-
-
-
171 500
microenterprise

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

-
-
-
1 715
total
-
-
-
1 715
Employee
7 266
-
171 500
-
income
1 453
-
34 300
-
total
1 453
-
34 300
-
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%.

164 234
171 500
-
-
total
-
-
-
-
Dividends
164 234
171 500
-
-
withholding
8 212
8 575
-
-
total
8 212
8 575
-
-
Income
171 500
171 500
171 500
171 500
Total tax
9 665
8 575
34 300
1 715
After tax
161 835
162 925
137 200
169 785
Living cost
5 813
5 813
5 813
5 813
Free-cash
156 022
157 112
131 387
163 972

Estimated living cost  is ₽5813 per week

₽3602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1567
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
₽90668
₽55400
₽59121
₽97183
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.

-
-
-
171 500
pensions
-
-
-
31 321
unemployment
-
-
-
257
income
-
-
-
43 030
health
-
-
-
16 876
total
-
-
-
91 484
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.

34 448
-
148 396
-
health
2 225
-
9 585
-
unemployment
49
-
208
-
pensions
5 340
-
23 001
-
income
5 940
-
39 307
-
total
13 554
-
72 101
-
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.

34 448
-
148 396
-
health
2 294
-
9 882
-
pensions
3 048
-
13 133
-
unemployment
21
-
89
-
total
5 363
-
23 104
-
Corporate
131 689
171 500
-
-
income
25 020
32 585
-
-
total
25 020
32 585
-
-
Dividends
106 669
138 915
-
-
withholding
16 000
20 837
-
-
total
16 000
20 837
-
-
Income
171 500
171 500
171 500
171 500
Total tax
59 937
53 422
95 205
91 484
After tax
111 563
118 078
76 295
80 016
Living cost
20 895
20 895
20 895
20 895
Free-cash
90 668
97 183
55 400
59 121

Estimated living cost  is ₽20895 per week

₽14340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
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.
₽4812
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
₽81803
₽91571
₽112523
₽79081
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.

-
-
-
171 500
income
-
-
-
25 725
health

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

-
-
-
4 974
total
-
-
-
30 699
Employee
35 736
-
167 917
-
social contributions
3 580
-
3 583
-
income
3 878
-
44 485
-
total
7 458
-
48 068
-
Employer
35 736
-
167 917
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
132 184
171 500
-
-
income
46 265
60 025
-
-
total
46 265
60 025
-
-
Dividends
85 919
111 475
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
171 500
171 500
171 500
171 500
Total tax
61 419
64 141
51 651
30 699
After tax
110 081
107 359
119 849
140 801
Living cost
28 278
28 278
28 278
28 278
Free-cash
81 803
79 081
91 571
112 523

Estimated living cost  is ₽28278 per week

₽18627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽6988
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
₽88516
₽89074
₽93618
₽88109
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
-
-
-
171 500
income
-
-
-
25 725
health
-
-
-
11 971
social contributions
-
-
-
23 668
total
-
-
-
61 364
Employee
26 413
-
171 500
-
health
1 843
-
11 971
-
income
4 405
-
30 268
-
social contributions
3 645
-
23 668
-
total
9 893
-
65 907
-
Employer
26 413
-
171 500
-
total
-
-
-
-
Corporate
145 087
171 500
-
-
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%.

7 254
8 576
-
-
total
7 254
8 576
-
-
Dividends
137 833
162 924
-
-
social contributions
19 021
22 484
-
-
withholding
20 676
24 439
-
-
health
9 621
11 373
-
-
total
49 318
58 296
-
-
Income
171 500
171 500
171 500
171 500
Total tax
66 465
66 872
65 907
61 364
After tax
105 035
104 628
105 593
110 136
Living cost
16 518
16 518
16 518
16 518
Free-cash
88 516
88 109
89 074
93 618

Estimated living cost  is ₽16518 per week

₽11055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1019
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.
₽4064
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
₽88506
₽72553
₽80163
₽96281
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
-
-
-
171 500
income
-
-
-
18 434
health
-
-
-
23 152
social contributions
-
-
-
25 453
solidarity contribution
-
-
-
2 501
total
-
-
-
69 540
Employee
32 054
-
137 347
-
health
4 327
-
18 542
-
solidarity contribution
-
-
1 818
-
income
3 846
-
16 971
-
social contributions
2 083
-
5 666
-
total
10 256
-
42 997
-
Employer
32 054
-
137 347
-
health
2 885
-
12 361
-
social contributions
8 013
-
21 792
-
total
10 898
-
34 153
-
Corporate
128 548
171 500
-
-
income
24 424
32 585
-
-
total
24 424
32 585
-
-
Dividends
104 124
138 915
-
-
withholding
15 619
20 837
-
-
total
15 619
20 837
-
-
Income
171 500
171 500
171 500
171 500
Total tax
61 197
53 422
77 150
69 540
After tax
110 303
118 078
94 350
101 960
Living cost
21 797
21 797
21 797
21 797
Free-cash
88 506
96 281
72 553
80 163

Estimated living cost  is ₽21797 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽4003
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
₽152168
₽128142
₽160727
₽153867
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%.

-
-
-
171 500
microenterprise

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

-
-
-
1 715
total
-
-
-
1 715
Employee
11 323
-
171 500
-
income
2 265
-
34 300
-
total
2 265
-
34 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

160 177
171 500
-
-
total
-
-
-
-
Dividends
160 177
171 500
-
-
withholding
8 009
8 575
-
-
total
8 009
8 575
-
-
Income
171 500
171 500
171 500
171 500
Total tax
10 274
8 575
34 300
1 715
After tax
161 226
162 925
137 200
169 785
Living cost
9 058
9 058
9 058
9 058
Free-cash
152 168
153 867
128 142
160 727

Estimated living cost  is ₽9058 per week

₽6130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2244
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
₽54163
₽51762
₽56548
₽48809
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
-
-
-
171 500
income
-
-
-
31 490
other
-
-
-
5 316
health
-
-
-
8 321
social contributions
-
-
-
4 887
pensions
-
-
-
27 313
surtax
-
-
-
-
total
-
-
-
77 327
Employee
48 790
-
130 980
-
pensions
5 519
-
9 834
-
income
4 257
-
28 027
-
social contributions
1 390
-
3 731
-
surtax
-
-
-
-
total
11 166
-
41 592
-
Employer
48 790
-
130 980
-
health
3 415
-
12 979
-
social contributions
146
-
393
-
pensions
8 017
-
16 426
-
unemployment
1 976
-
5 304
-
other
1 684
-
5 419
-
total
15 238
-
40 521
-
Corporate
107 471
171 500
-
-
income
30 092
48 020
-
-
surtax
-
-
-
-
total
30 092
48 020
-
-
Dividends
77 379
123 480
-
-
social contributions
13 311
21 240
-
-
surtax
-
-
-
-
withholding
9 905
15 806
-
-
total
23 216
37 046
-
-
Income
171 500
171 500
171 500
171 500
Total tax
79 712
85 066
82 113
77 327
After tax
91 788
86 434
89 387
94 173
Living cost
37 625
37 625
37 625
37 625
Free-cash
54 163
48 809
51 762
56 548

Estimated living cost  is ₽37625 per week

₽25464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽8567
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
₽106673
₽96772
₽96770
₽110490
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.

-
-
-
171 500
pensions
-
-
-
14 910
unemployment
-
-
-
860
income
-
-
-
39 634
health
-
-
-
5 907
total
-
-
-
61 311
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.

20 235
-
161 235
-
health
1 042
-
2 953
-
unemployment
152
-
430
-
pensions
2 833
-
8 028
-
income
2 789
-
39 634
-
total
6 816
-
51 045
-
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.

20 235
-
161 235
-
health
1 042
-
2 953
-
pensions
2 428
-
6 881
-
unemployment
152
-
430
-
total
3 622
-
10 264
-
Corporate
147 642
171 500
-
-
income
22 146
25 725
-
-
total
22 146
25 725
-
-
Dividends
125 496
145 775
-
-
withholding
18 824
21 866
-
-
total
18 824
21 866
-
-
Income
171 500
171 500
171 500
171 500
Total tax
51 408
47 591
61 309
61 311
After tax
120 092
123 909
110 191
110 189
Living cost
13 419
13 419
13 419
13 419
Free-cash
106 673
110 490
96 772
96 770

Estimated living cost  is ₽13419 per week

₽9035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽2958
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
₽47806
₽76057
₽81450
₽24911
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
-
-
-
171 500
pensions
-
-
-
15 778
city
-
-
-
1 807
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.

-
-
-
3 430
health
-
-
-
386
regional
-
-
-
10 023
national
-
-
-
5 114
total
-
-
-
36 538
Employee
62 623
-
154 706
-
health
142
-
348
-
unemployment
-
-
-
-
city
672
-
1 678
-
pensions
5 261
-
11 651
-
regional
2 051
-
8 975
-
national
296
-
4 186
-
total
8 422
-
26 838
-
Employer
62 623
-
154 706
-
health
142
-
348
-
pensions
5 261
-
11 651
-
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.

1 252
-
3 094
-
total
6 655
-
15 093
-
Corporate
101 533
171 500
-
-
regional
21 475
36 272
-
-
national
8 630
14 577
-
-
total
30 105
50 849
-
-
Dividends
71 428
120 651
-
-
withholding
25 000
42 228
-
-
total
25 000
42 228
-
-
Income
171 500
171 500
171 500
171 500
Total tax
70 182
93 077
41 931
36 538
After tax
101 318
78 423
129 569
134 962
Living cost
53 512
53 512
53 512
53 512
Free-cash
47 806
24 911
76 057
81 450

Estimated living cost  is ₽53512 per week

₽34798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
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.
₽13255
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
₽77835
₽56082
₽75725
₽75427
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

-
-
-
171 500
municipal
-
-
-
30 453
health
-
-
-
2 317
national
-
-
-
33 097
total
-
-
-
65 867
Employee
40 985
-
144 276
-
health
306
-
1 897
-
unemployment
615
-
2 164
-
pensions
2 766
-
9 739
-
national
677
-
21 000
-
municipal
6 713
-
23 486
-
total
11 077
-
58 286
-
Employer
40 985
-
144 276
-
health
315
-
1 110
-
pensions
7 111
-
25 032
-
accident
41
-
145
-
unemployment
266
-
937
-
total
7 733
-
27 224
-
Corporate
122 782
171 500
-
-
income
24 556
34 300
-
-
total
24 556
34 300
-
-
Dividends

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

73 669
102 900
-
-
municipal
13 260
18 522
-
-
national
7 131
13 343
-
-
total
20 391
31 865
-
-
Income
171 500
171 500
171 500
171 500
Total tax
63 757
66 165
85 510
65 867
After tax
107 743
105 335
85 990
105 633
Living cost
29 908
29 908
29 908
29 908
Free-cash
77 835
75 427
56 082
75 725

Estimated living cost  is ₽29908 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7020
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
₽55759
₽30061
₽46171
₽65919
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
-
-
-
171 500
communal

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

-
-
-
9 124
social contributions
-
-
-
19 422
national
-
-
-
68 380
total
-
-
-
96 926
Employee

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

55 722
-
132 831
-
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.

2 618
-
6 243
-
communal

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

2 906
-
6 929
-
unemployment

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

485
-
1 156
-
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.

4 179
-
9 962
-
national
17 131
-
50 076
-
total
27 319
-
74 366
-
Employer

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

55 722
-
132 831
-
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.

3 427
-
8 169
-
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.

4 938
-
11 769
-
surtax
6 318
-
15 064
-
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.

724
-
1 728
-
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.

813
-
1 940
-
total
16 220
-
38 670
-
Corporate
99 558
171 500
-
-
income
19 911
36 430
-
-
surtax
398
729
-
-
total
20 309
37 159
-
-
Dividends
79 249
134 341
-
-
withholding

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

23 490
40 019
-
-
total
23 490
40 019
-
-
Income
171 500
171 500
171 500
171 500
Total tax
87 338
77 178
113 036
96 926
After tax
84 162
94 322
58 464
74 574
Living cost
28 403
28 403
28 403
28 403
Free-cash
55 759
65 919
30 061
46 171

Estimated living cost  is ₽28403 per week

₽18295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽7180
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
₽59297
₽52229
₽53043
₽60051
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
-
-
-
171 500
unemployment
-
-
-
74
municipal
-
-
-
44 782
other
-
-
-
8 554
health
-
-
-
4 593
national
-
-
-
18 761
accident
-
-
-
147
pensions
-
-
-
7 958
total
-
-
-
84 869
Employee
47 860
-
148 371
-
national
-
-
18 310
-
municipal
14 272
-
44 244
-
total
14 272
-
62 554
-
Employer
47 860
-
148 371
-
health
2 943
-
4 527
-
pensions
5 174
-
7 958
-
accident
96
-
147
-
unemployment
1 263
-
1 943
-
other
5 561
-
8 554
-
total
15 037
-
23 129
-
Corporate
108 603
171 500
-
-
income
23 893
37 730
-
-
total
23 893
37 730
-
-
Dividends
84 710
133 770
-
-
withholding
25 413
40 131
-
-
total
25 413
40 131
-
-
Income
171 500
171 500
171 500
171 500
Total tax
78 615
77 861
85 683
84 869
After tax
92 885
93 639
85 817
86 631
Living cost
33 588
33 588
33 588
33 588
Free-cash
59 297
60 051
52 229
53 043

Estimated living cost  is ₽33588 per week

₽22261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽7521
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
₽26491
₽123182
₽81491
₽67312
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
-
-
-
171 500
income
-
-
-
33 429
social contributions
-
-
-
19 551
total
-
-
-
52 980
Employee
53 095
-
-
-
income
11 712
-
-
-
social contributions
4 354
-
620
-
total
16 066
-
620
-
Employer
53 095
-
-
-
social contributions
74 863
-
10 669
-
total
74 863
-
10 669
-
Corporate
43 542
171 500
-
-
income
9 579
37 730
-
-
total
9 579
37 730
-
-
Dividends
33 963
133 770
-
-
income
7 472
29 429
-
-
total
7 472
29 429
-
-
Income
171 500
171 500
171 500
171 500
Total tax
107 980
67 159
11 289
52 980
After tax
63 520
104 341
160 211
118 520
Living cost
37 029
37 029
37 029
37 029
Free-cash
26 491
67 312
123 182
81 491

Estimated living cost  is ₽37029 per week

₽24026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9049
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
₽96501
₽88819
₽90236
₽99730
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
-
-
-
171 500
income
-
-
-
39 020
health
-
-
-
4 373
social contributions
-
-
-
12 604
total
-
-
-
55 997
Employee
59 902
59 902
161 801
-
health
596
1 019
2 751
-
income
6 290
5 545
38 257
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
47 714
-
Employer
59 902
59 902
161 801
-
health
649
1 109
2 994
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
9 700
-
Corporate
132 877
105 518
-
-
income
16 610
13 189
-
-
total
16 610
13 189
-
-
Dividends
116 266
92 329
-
-
withholding
19 765
15 697
-
-
total
19 765
15 697
-
-
Income
171 500
171 500
171 500
171 500
Total tax
49 732
46 503
57 414
55 997
After tax
121 768
124 997
114 086
115 503
Living cost
25 267
25 267
25 267
25 267
Free-cash
96 501
99 730
88 819
90 236

Estimated living cost  is ₽25267 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5597
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
₽84568
₽67539
₽82849
₽80110
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
-
-
-
171 500
income
-
-
-
53 150
pensions
-
-
-
7 549
total
-
-
-
60 699
Employee
38 368
-
149 455
-
health
500
-
2 016
-
pensions
2 928
-
9 001
-
income
6 987
-
42 947
-
total
10 415
-
53 964
-
Employer
38 368
-
149 455
-
health
729
-
2 839
-
pensions
3 876
-
19 206
-
total
4 605
-
22 045
-
Corporate
128 527
171 500
-
-
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.

24 420
32 585
-
-
total
24 420
32 585
-
-
Dividends
104 107
138 915
-
-
withholding
19 540
30 853
-
-
total
19 540
30 853
-
-
Income
171 500
171 500
171 500
171 500
Total tax
58 980
63 438
76 009
60 699
After tax
112 520
108 062
95 491
110 801
Living cost
27 952
27 952
27 952
27 952
Free-cash
84 568
80 110
67 539
82 849

Estimated living cost  is ₽27952 per week

₽19175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽5855
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
₽55757
₽42850
₽49249
₽59300
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
-
-
-
171 500
municipal
-
-
-
1 193
regional
-
-
-
4 152
social contributions
-
-
-
38 989
national
-
-
-
46 883
total
-
-
-
91 217
Employee
65 644
-
171 500
-
social contributions
22 135
-
51 115
-
regional
991
-
3 748
-
national
11 093
-
41 669
-
municipal
392
-
1 084
-
total
34 611
-
97 616
-
Employer
65 644
-
171 500
-
total
-
-
-
-
Corporate
105 856
171 500
-
-
nationa
25 406
41 160
-
-
municipal
5 102
8 267
-
-
total
30 508
49 427
-
-
Dividends
75 349
122 073
-
-
withholding
19 590
31 739
-
-
total
19 590
31 739
-
-
Income
171 500
171 500
171 500
171 500
Total tax
84 709
81 166
97 616
91 217
After tax
86 791
90 334
73 884
80 283
Living cost
31 034
31 034
31 034
31 034
Free-cash
55 757
59 300
42 850
49 249

Estimated living cost  is ₽31034 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6630
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
₽11313
₽77639
₽100291
-₽2922
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
-
-
-
171 500
pensions
-
-
-
3 180
income
-
-
-
49 073
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
54 396
Employee
26 447
-
156 628
-
health
3 028
-
17 934
-
pensions
2 978
-
5 830
-
income
3 628
-
38 412
-
total
9 634
-
62 176
-
Employer
26 447
-
156 628
-
pensions
4 300
-
8 419
-
accident
441
-
2 616
-
unemployment
648
-
3 837
-
total
5 389
-
14 872
-
Corporate
139 663
171 500
-
-
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.

125 697
154 350
-
-
total
125 697
154 350
-
-
Dividends
13 966
17 150
-
-
withholding
2 654
3 259
-
-
total
2 654
3 259
-
-
Income
171 500
171 500
171 500
171 500
Total tax
143 374
157 609
77 048
54 396
After tax
28 126
13 891
94 452
117 104
Living cost
16 813
16 813
16 813
16 813
Free-cash
11 313
-2 922
77 639
100 291

Estimated living cost  is ₽16813 per week

₽12322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
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.
₽3208
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
₽68322
₽76164
₽56751
₽58131
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.

-
-
-
171 500
trade
-
-
-
19 413
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.

-
-
-
56 814
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.

-
-
-
5 322
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.

-
-
-
3 125
total
-
-
-
84 674
Employee

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

38 760
-
171 500
-
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.

5 322
-
5 322
-
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.

3 187
-
56 814
-
surtax

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

176
-
3 125
-
total
8 685
-
65 261
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
132 740
171 500
-
-
income
19 911
25 725
-
-
trade
19 048
24 611
-
-
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.

1 095
1 415
-
-
chamber of commerce
313
370
-
-
total
40 367
52 121
-
-
Dividends
92 372
119 379
-
-
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.

1 254
1 625
-
-
withholding
22 797
29 548
-
-
total
24 051
31 173
-
-
Income
171 500
171 500
171 500
171 500
Total tax
73 103
83 294
65 261
84 674
After tax
98 397
88 206
106 239
86 826
Living cost
30 075
30 075
30 075
30 075
Free-cash
68 322
58 131
76 164
56 751

Estimated living cost  is ₽30075 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
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
₽114603
₽58160
₽45919
₽120993
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.

-
-
-
171 500
income
-
-
-
35 794
microenterprise
-
-
-
-
social contributions

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

-
-
-
29 847
surtax
-
-
-
43 733
total
-
-
-
109 374
Employee
22 763
-
134 356
-
income
4 052
-
30 296
-
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.

2 504
-
10 212
-
surtax
-
-
19 481
-
total
6 556
-
59 989
-
Employer
22 763
-
134 356
-
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.

5 483
-
22 365
-
surtax
-
-
14 779
-
total
5 483
-
37 144
-
Corporate
143 254
171 500
-
-
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%.

28 651
34 300
-
-
total
28 651
34 300
-
-
Dividends

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

114 603
137 200
-
-
total
-
-
-
-
Income
171 500
171 500
171 500
171 500
Total tax
40 690
34 300
97 133
109 374
After tax
130 810
137 200
74 367
62 126
Living cost
16 207
16 207
16 207
16 207
Free-cash
114 603
120 993
58 160
45 919

Estimated living cost  is ₽16207 per week

₽10339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
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.
₽3956
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
₽95511
₽95089
₽95791
₽97135
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
-
-
-
171 500
income
-
-
-
53 395
health
-
-
-
5 225
pensions
-
-
-
7 208
total
-
-
-
65 828
Employee
15 050
-
163 392
-
health
753
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
53 016
-
total
5 169
-
58 421
-
Employer
15 050
-
163 392
-
health
1 430
-
3 424
-
pensions
1 656
-
3 964
-
unemployment
301
-
721
-
total
3 387
-
8 109
-
Corporate
153 064
171 500
-
-
income
33 674
37 730
-
-
total
33 674
37 730
-
-
Dividends
119 390
133 770
-
-
withholding
23 878
26 754
-
-
total
23 878
26 754
-
-
Income
171 500
171 500
171 500
171 500
Total tax
66 108
64 484
66 530
65 828
After tax
105 392
107 016
104 970
105 672
Living cost
9 881
9 881
9 881
9 881
Free-cash
95 511
97 135
95 089
95 791

Estimated living cost  is ₽9881 per week

₽5872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2982
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
₽87897
₽58442
₽63206
₽90377
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
-
-
-
171 500
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
53 478
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
8 967
total
-
-
-
90 797
Employee
26 234
-
149 615
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
48 818
-
other
-
-
-
-
surtax
93
-
8 036
-
total
8 737
-
73 676
-
Employer
26 234
-
149 615
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
139 743
171 500
-
-
income
36 334
44 590
-
-
total
36 334
44 590
-
-
Dividends
103 409
126 910
-
-
withholding
15 512
19 036
-
-
total
15 512
19 036
-
-
Income
171 500
171 500
171 500
171 500
Total tax
66 106
63 626
95 561
90 797
After tax
105 394
107 874
75 939
80 703
Living cost
17 497
17 497
17 497
17 497
Free-cash
87 897
90 377
58 442
63 206

Estimated living cost  is ₽17497 per week

₽10564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5007
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
₽69408
₽20188
₽63220
₽69796
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
-
-
-
171 500
pensions
-
-
-
16 836
chamber of commerce
- </