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
₽ 172500
per

Your estimated
City
free-cash

Valencia , Spain
₽89555
₽71580
₽74869
₽93015
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
-
-
-
172 500
unemployment
-
-
-
509
income
-
-
-
54 288
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
76 080
Employee
28 978
-
149 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
51 597
-
other
28
-
73
-
total
7 426
-
56 211
-
Employer
28 978
-
149 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
134 283
172 500
-
-
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.

20 143
25 875
-
-
total
20 143
25 875
-
-
Dividends
114 140
146 625
-
-
withholding
24 587
32 059
-
-
total
24 587
32 059
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 394
57 934
79 369
76 080
After tax
111 106
114 566
93 131
96 420
Living cost
21 551
21 551
21 551
21 551
Free-cash
89 555
93 015
71 580
74 869

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽100559
₽80743
₽82179
₽105854
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
-
-
-
172 500
pensions

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

-
-
-
28 602
income
-
-
-
29 932
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
69 438
Employee
28 456
-
142 284
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
29 455
-
total
7 573
-
40 657
-
Employer
28 456
-
142 284
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
1 138
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 217
-
Corporate
136 873
172 500
-
-
income
28 744
36 224
-
-
total
28 744
36 224
-
-
Dividends
108 129
136 276
-
-
withholding
7 569
9 539
-
-
total
7 569
9 539
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 058
45 763
70 874
69 438
After tax
121 442
126 737
101 626
103 062
Living cost
20 883
20 883
20 883
20 883
Free-cash
100 559
105 854
80 743
82 179

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽133576
₽136185
₽129048
₽137217
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
-
-
-
172 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
25 875
health
-
-
-
3 147
total
-
-
-
33 181
Employee
13 600
-
167 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
16 713
-
total
3 330
-
20 676
-
Employer
13 600
-
167 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
156 232
172 500
-
-
income
15 623
17 250
-
-
total
15 623
17 250
-
-
Dividends
140 609
155 250
-
-
withholding
7 031
7 762
-
-
total
7 031
7 762
-
-
Income
172 500
172 500
172 500
172 500
Total tax
28 653
25 012
26 044
33 181
After tax
143 847
147 488
146 456
139 319
Living cost
10 270
10 270
10 270
10 270
Free-cash
133 576
137 217
136 185
129 048

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽64756
₽63100
₽67911
₽60126
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
-
-
-
172 500
income
-
-
-
31 668
other
-
-
-
5 348
health
-
-
-
8 370
social contributions
-
-
-
4 915
pensions
-
-
-
27 475
surtax
-
-
-
-
total
-
-
-
77 776
Employee
33 541
-
131 742
-
pensions
3 792
-
9 890
-
income
1 980
-
28 185
-
social contributions
956
-
3 754
-
surtax
-
-
-
-
total
6 728
-
41 829
-
Employer
33 541
-
131 742
-
health
2 348
-
13 054
-
social contributions
101
-
396
-
pensions
5 510
-
16 522
-
unemployment
1 358
-
5 336
-
other
1 157
-
5 450
-
total
10 474
-
40 758
-
Corporate
128 484
172 500
-
-
income
35 976
48 301
-
-
surtax
-
-
-
-
total
35 976
48 301
-
-
Dividends
92 508
124 199
-
-
social contributions
15 912
21 363
-
-
surtax
-
-
-
-
withholding
11 841
15 897
-
-
total
27 753
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 931
85 561
82 587
77 776
After tax
91 569
86 939
89 913
94 724
Living cost
26 813
26 813
26 813
26 813
Free-cash
64 756
60 126
63 100
67 911

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽48285
₽77497
₽60006
₽53086
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
-
-
-
172 500
pensions
-
-
-
9 182
income
-
-
-
60 817
health
-
-
-
9 664
total
-
-
-
79 663
Employee
66 925
66 925
157 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
28 761
-
total
33 274
28 874
47 607
-
Employer
66 925
66 925
157 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
94 676
93 855
-
-
income
18 935
18 772
-
-
total
18 935
18 772
-
-
Dividends
75 741
75 084
-
-
income
16 095
15 955
-
-
withholding
11 361
11 263
-
-
total
27 456
27 218
-
-
Income
172 500
172 500
172 500
172 500
Total tax
91 384
86 583
62 172
79 663
After tax
81 116
85 917
110 328
92 837
Living cost
32 831
32 831
32 831
32 831
Free-cash
48 285
53 086
77 497
60 006

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽71876
₽83123
₽61694
₽63208
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.

-
-
-
172 500
trade
-
-
-
21 429
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.

-
-
-
57 142
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 354
surtax

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

-
-
-
3 143
total
-
-
-
87 068
Employee

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

29 975
-
172 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 354
-
5 354
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

837
-
57 142
-
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
-
3 143
-
total
6 237
-
65 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
142 525
172 500
-
-
income
21 379
25 875
-
-
trade
22 448
27 169
-
-
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.

1 176
1 423
-
-
chamber of commerce
324
367
-
-
total
45 327
54 834
-
-
Dividends
97 197
117 666
-
-
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.

1 321
1 602
-
-
withholding
24 001
29 118
-
-
total
25 322
30 720
-
-
Income
172 500
172 500
172 500
172 500
Total tax
76 886
85 554
65 639
87 068
After tax
95 614
86 946
106 861
85 432
Living cost
23 738
23 738
23 738
23 738
Free-cash
71 876
63 208
83 123
61 694

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₽103318
₽96611
₽98034
₽107582
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
-
-
-
172 500
income
-
-
-
39 242
health
-
-
-
4 399
social contributions
-
-
-
12 680
total
-
-
-
56 321
Employee
60 263
60 263
162 744
-
health
467
1 025
2 766
-
income
6 562
5 579
38 476
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
47 988
-
Employer
60 263
60 263
162 744
-
health
507
1 115
3 010
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 756
-
Corporate
142 262
106 120
-
-
income
17 783
13 265
-
-
total
17 783
13 265
-
-
Dividends
124 480
92 855
-
-
withholding
21 162
15 785
-
-
total
21 162
15 785
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 037
46 773
57 744
56 321
After tax
121 463
125 727
114 756
116 179
Living cost
18 145
18 145
18 145
18 145
Free-cash
103 318
107 582
96 611
98 034

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽72748
₽52261
₽65589
₽73536
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.

-
-
-
172 500
income
-
-
-
22 385
social contributions

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

-
-
-
59 944
surtax
-
-
-
-
total
-
-
-
82 329
Employee
36 044
-
139 394
-
income
7 497
-
47 092
-
social contributions
3 965
-
15 333
-
surtax
-
-
126
-
total
11 462
-
62 551
-
Employer
36 044
-
139 394
-
social contributions
8 560
-
33 106
-
total
8 560
-
33 106
-
Corporate
127 895
172 500
-
-
income
26 858
36 224
-
-
surtax
-
-
-
-
total
26 858
36 224
-
-
Dividends
101 037
136 276
-
-
withholding
28 290
38 158
-
-
total
28 290
38 158
-
-
Income
172 500
172 500
172 500
172 500
Total tax
75 170
74 382
95 657
82 329
After tax
97 330
98 118
76 843
90 171
Living cost
24 582
24 582
24 582
24 582
Free-cash
72 748
73 536
52 261
65 589

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽156663
₽131926
₽164701
₽157801
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%.

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
7 592
-
172 500
-
income
1 518
-
34 500
-
total
1 518
-
34 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

164 908
172 500
-
-
total
-
-
-
-
Dividends
164 908
172 500
-
-
withholding
8 245
8 625
-
-
total
8 245
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
9 763
8 625
34 500
1 725
After tax
162 737
163 875
138 000
170 775
Living cost
6 074
6 074
6 074
6 074
Free-cash
156 663
157 801
131 926
164 701

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽91191
₽55721
₽59466
₽97745
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.

-
-
-
172 500
pensions
-
-
-
31 502
unemployment
-
-
-
259
income
-
-
-
43 278
health
-
-
-
16 974
total
-
-
-
92 013
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
149 261
-
health
2 238
-
9 642
-
unemployment
49
-
210
-
pensions
5 372
-
23 135
-
income
5 976
-
39 531
-
total
13 635
-
72 518
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
149 261
-
health
2 308
-
9 941
-
pensions
3 067
-
13 210
-
unemployment
21
-
89
-
total
5 396
-
23 240
-
Corporate
132 449
172 500
-
-
income
25 165
32 776
-
-
total
25 165
32 776
-
-
Dividends
107 283
139 724
-
-
withholding
16 092
20 958
-
-
total
16 092
20 958
-
-
Income
172 500
172 500
172 500
172 500
Total tax
60 288
53 734
95 758
92 013
After tax
112 212
118 766
76 742
80 487
Living cost
21 021
21 021
21 021
21 021
Free-cash
91 191
97 745
55 721
59 466

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽82275
₽92099
₽113221
₽79535
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.

-
-
-
172 500
income
-
-
-
25 875
health

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

-
-
-
4 955
total
-
-
-
30 830
Employee
35 952
-
168 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
44 742
-
total
7 503
-
48 347
-
Employer
35 952
-
168 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
132 946
172 500
-
-
income
46 531
60 376
-
-
total
46 531
60 376
-
-
Dividends
86 415
112 124
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 776
64 516
51 952
30 830
After tax
110 724
107 984
120 548
141 670
Living cost
28 449
28 449
28 449
28 449
Free-cash
82 275
79 535
92 099
113 221

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽89029
₽89591
₽94161
₽88624
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
-
-
-
172 500
income
-
-
-
25 875
health
-
-
-
12 041
social contributions
-
-
-
23 805
total
-
-
-
61 721
Employee
26 572
-
172 500
-
health
1 855
-
12 041
-
income
4 432
-
30 445
-
social contributions
3 668
-
23 805
-
total
9 955
-
66 291
-
Employer
26 572
-
172 500
-
total
-
-
-
-
Corporate
145 928
172 500
-
-
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%.

7 296
8 624
-
-
total
7 296
8 624
-
-
Dividends
138 631
163 876
-
-
social contributions
19 132
22 615
-
-
withholding
20 794
24 581
-
-
health
9 676
11 438
-
-
total
49 602
58 634
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 853
67 258
66 291
61 721
After tax
105 647
105 242
106 209
110 779
Living cost
16 618
16 618
16 618
16 618
Free-cash
89 029
88 624
89 591
94 161

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽89005
₽72957
₽80609
₽96829
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
-
-
-
172 500
income
-
-
-
18 539
health
-
-
-
23 287
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
2 511
total
-
-
-
69 954
Employee
32 261
-
138 135
-
health
4 355
-
18 648
-
solidarity contribution
-
-
1 824
-
income
3 871
-
17 068
-
social contributions
2 097
-
5 702
-
total
10 323
-
43 242
-
Employer
32 261
-
138 135
-
health
2 903
-
12 432
-
social contributions
8 065
-
21 932
-
total
10 968
-
34 364
-
Corporate
129 271
172 500
-
-
income
24 561
32 775
-
-
total
24 561
32 775
-
-
Dividends
104 709
139 725
-
-
withholding
15 706
20 959
-
-
total
15 706
20 959
-
-
Income
172 500
172 500
172 500
172 500
Total tax
61 558
53 734
77 606
69 954
After tax
110 942
118 766
94 894
102 546
Living cost
21 937
21 937
21 937
21 937
Free-cash
89 005
96 829
72 957
80 609

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽152636
₽128535
₽161310
₽154410
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%.

-
-
-
172 500
microenterprise

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

-
-
-
1 725
total
-
-
-
1 725
Employee
11 832
-
172 500
-
income
2 366
-
34 500
-
total
2 366
-
34 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

160 668
172 500
-
-
total
-
-
-
-
Dividends
160 668
172 500
-
-
withholding
8 033
8 625
-
-
total
8 033
8 625
-
-
Income
172 500
172 500
172 500
172 500
Total tax
10 399
8 625
34 500
1 725
After tax
162 101
163 875
138 000
170 775
Living cost
9 465
9 465
9 465
9 465
Free-cash
152 636
154 410
128 535
161 310

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₽54476
₽52061
₽56872
₽49087
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
-
-
-
172 500
income
-
-
-
31 668
other
-
-
-
5 348
health
-
-
-
8 370
social contributions
-
-
-
4 915
pensions
-
-
-
27 475
surtax
-
-
-
-
total
-
-
-
77 776
Employee
49 085
-
131 742
-
pensions
5 552
-
9 890
-
income
4 283
-
28 185
-
social contributions
1 398
-
3 754
-
surtax
-
-
-
-
total
11 233
-
41 829
-
Employer
49 085
-
131 742
-
health
3 435
-
13 054
-
social contributions
147
-
396
-
pensions
8 065
-
16 522
-
unemployment
1 988
-
5 336
-
other
1 694
-
5 450
-
total
15 329
-
40 758
-
Corporate
108 085
172 500
-
-
income
30 264
48 301
-
-
surtax
-
-
-
-
total
30 264
48 301
-
-
Dividends
77 821
124 199
-
-
social contributions
13 385
21 363
-
-
surtax
-
-
-
-
withholding
9 961
15 897
-
-
total
23 346
37 260
-
-
Income
172 500
172 500
172 500
172 500
Total tax
80 172
85 561
82 587
77 776
After tax
92 328
86 939
89 913
94 724
Living cost
37 852
37 852
37 852
37 852
Free-cash
54 476
49 087
52 061
56 872

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽107274
₽97300
₽97300
₽111119
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.

-
-
-
172 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
39 861
health
-
-
-
5 948
total
-
-
-
61 688
Employee

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

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

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

20 376
-
162 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
39 861
-
total
6 864
-
51 352
-
Employer

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

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

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

20 376
-
162 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
148 477
172 500
-
-
income
22 272
25 875
-
-
total
22 272
25 875
-
-
Dividends
126 206
146 625
-
-
withholding
18 931
21 994
-
-
total
18 931
21 994
-
-
Income
172 500
172 500
172 500
172 500
Total tax
51 714
47 869
61 688
61 688
After tax
120 786
124 631
110 812
110 812
Living cost
13 512
13 512
13 512
13 512
Free-cash
107 274
111 119
97 300
97 300

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽48391
₽77014
₽82322
₽25592
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
-
-
-
172 500
pensions
-
-
-
15 871
city
-
-
-
1 818
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.

-
-
-
3 450
health
-
-
-
389
regional
-
-
-
10 135
national
-
-
-
5 226
total
-
-
-
36 889
Employee
62 361
-
155 646
-
health
141
-
350
-
unemployment
-
-
-
-
city
669
-
1 689
-
pensions
5 239
-
11 679
-
regional
2 042
-
9 070
-
national
295
-
4 268
-
total
8 386
-
27 056
-
Employer
62 361
-
155 646
-
health
141
-
350
-
pensions
5 239
-
11 679
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 247
-
3 112
-
total
6 627
-
15 141
-
Corporate
102 826
172 500
-
-
regional
21 748
36 484
-
-
national
8 740
14 662
-
-
total
30 488
51 146
-
-
Dividends
72 338
121 353
-
-
withholding
25 319
42 473
-
-
total
25 319
42 473
-
-
Income
172 500
172 500
172 500
172 500
Total tax
70 820
93 619
42 197
36 889
After tax
101 680
78 881
130 303
135 611
Living cost
53 289
53 289
53 289
53 289
Free-cash
48 391
25 592
77 014
82 322

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₽78281
₽56406
₽76166
₽75860
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

-
-
-
172 500
municipal
-
-
-
30 631
health
-
-
-
2 329
national
-
-
-
33 285
total
-
-
-
66 245
Employee
41 232
-
145 117
-
health
308
-
1 908
-
unemployment
619
-
2 177
-
pensions
2 783
-
9 795
-
national
681
-
21 119
-
municipal
6 754
-
23 623
-
total
11 145
-
58 622
-
Employer
41 232
-
145 117
-
health
317
-
1 117
-
pensions
7 154
-
25 177
-
accident
42
-
146
-
unemployment
268
-
943
-
total
7 781
-
27 383
-
Corporate
123 488
172 500
-
-
income
24 697
34 501
-
-
total
24 697
34 501
-
-
Dividends

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

74 093
103 499
-
-
municipal
13 337
18 631
-
-
national
7 170
13 419
-
-
total
20 507
32 050
-
-
Income
172 500
172 500
172 500
172 500
Total tax
64 130
66 551
86 005
66 245
After tax
108 370
105 949
86 495
106 255
Living cost
30 089
30 089
30 089
30 089
Free-cash
78 281
75 860
56 406
76 166

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₽56074
₽30233
₽46433
₽66300
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
-
-
-
172 500
communal

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

-
-
-
9 178
social contributions
-
-
-
19 539
national
-
-
-
68 775
total
-
-
-
97 492
Employee

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

56 059
-
133 606
-
health

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

2 634
-
6 279
-
communal

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

2 924
-
6 969
-
unemployment

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

488
-
1 163
-
pensions

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

4 204
-
10 021
-
national
17 235
-
50 366
-
total
27 485
-
74 798
-
Employer

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

56 059
-
133 606
-
health

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

3 447
-
8 217
-
pensions

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

4 967
-
11 837
-
surtax
6 356
-
15 152
-
accident

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

729
-
1 737
-
unemployment

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

818
-
1 951
-
total
16 317
-
38 894
-
Corporate
100 123
172 500
-
-
income
20 024
36 639
-
-
surtax
400
733
-
-
total
20 424
37 372
-
-
Dividends
79 699
135 127
-
-
withholding

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

23 625
40 253
-
-
total
23 625
40 253
-
-
Income
172 500
172 500
172 500
172 500
Total tax
87 851
77 625
113 692
97 492
After tax
84 649
94 875
58 808
75 008
Living cost
28 575
28 575
28 575
28 575
Free-cash
56 074
66 300
30 233
46 433

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽59408
₽52362
₽53186
₽60172
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
-
-
-
172 500
unemployment
-
-
-
75
municipal
-
-
-
45 000
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
18 706
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
85 301
Employee
48 465
-
149 078
-
national
-
-
18 250
-
municipal
14 452
-
44 455
-
total
14 452
-
62 705
-
Employer
48 465
-
149 078
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
108 808
172 500
-
-
income
23 938
37 950
-
-
total
23 938
37 950
-
-
Dividends
84 870
134 550
-
-
withholding
25 461
40 365
-
-
total
25 461
40 365
-
-
Income
172 500
172 500
172 500
172 500
Total tax
79 079
78 315
86 126
85 301
After tax
93 421
94 185
86 374
87 199
Living cost
34 012
34 012
34 012
34 012
Free-cash
59 408
60 172
52 362
53 186

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽25316
₽123074
₽81334
₽67072
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
-
-
-
172 500
income
-
-
-
33 624
social contributions
-
-
-
19 665
total
-
-
-
53 289
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
41 612
172 500
-
-
income
9 155
37 950
-
-
total
9 155
37 950
-
-
Dividends
32 458
134 550
-
-
income
7 141
29 601
-
-
total
7 141
29 601
-
-
Income
172 500
172 500
172 500
172 500
Total tax
109 307
67 551
11 549
53 289
After tax
63 193
104 949
160 951
119 211
Living cost
37 877
37 877
37 877
37 877
Free-cash
25 316
67 072
123 074
81 334

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽97059
₽89337
₽90760
₽100308
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
-
-
-
172 500
income
-
-
-
39 242
health
-
-
-
4 399
social contributions
-
-
-
12 680
total
-
-
-
56 321
Employee
60 263
60 263
162 744
-
health
599
1 025
2 766
-
income
6 328
5 579
38 476
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
47 988
-
Employer
60 263
60 263
162 744
-
health
653
1 115
3 010
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 756
-
Corporate
133 643
106 120
-
-
income
16 706
13 265
-
-
total
16 706
13 265
-
-
Dividends
116 937
92 855
-
-
withholding
19 880
15 785
-
-
total
19 880
15 785
-
-
Income
172 500
172 500
172 500
172 500
Total tax
50 022
46 773
57 744
56 321
After tax
122 478
125 727
114 756
116 179
Living cost
25 419
25 419
25 419
25 419
Free-cash
97 059
100 308
89 337
90 760

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽85051
₽67921
₽83317
₽80566
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
-
-
-
172 500
income
-
-
-
53 451
pensions
-
-
-
7 596
total
-
-
-
61 047
Employee
38 621
-
150 328
-
health
504
-
2 027
-
pensions
2 948
-
9 059
-
income
7 033
-
43 185
-
total
10 485
-
54 271
-
Employer
38 621
-
150 328
-
health
734
-
2 856
-
pensions
3 902
-
19 316
-
total
4 636
-
22 172
-
Corporate
129 243
172 500
-
-
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.

24 556
32 775
-
-
total
24 556
32 775
-
-
Dividends
104 687
139 725
-
-
withholding
19 636
31 023
-
-
total
19 636
31 023
-
-
Income
172 500
172 500
172 500
172 500
Total tax
59 313
63 798
76 443
61 047
After tax
113 187
108 702
96 057
111 453
Living cost
28 136
28 136
28 136
28 136
Free-cash
85 051
80 566
67 921
83 317

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₽56075
₽43090
₽49527
₽59641
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
-
-
-
172 500
municipal
-
-
-
1 200
regional
-
-
-
4 177
social contributions
-
-
-
39 224
national
-
-
-
47 151
total
-
-
-
91 752
Employee
66 040
-
172 500
-
social contributions
22 268
-
51 424
-
regional
997
-
3 769
-
national
11 160
-
41 906
-
municipal
394
-
1 090
-
total
34 819
-
98 189
-
Employer
66 040
-
172 500
-
total
-
-
-
-
Corporate
106 460
172 500
-
-
nationa
25 551
41 400
-
-
municipal
5 131
8 315
-
-
total
30 682
49 715
-
-
Dividends
75 778
122 785
-
-
withholding
19 703
31 923
-
-
total
19 703
31 923
-
-
Income
172 500
172 500
172 500
172 500
Total tax
85 204
81 638
98 189
91 752
After tax
87 296
90 862
74 311
80 748
Living cost
31 221
31 221
31 221
31 221
Free-cash
56 075
59 641
43 090
49 527

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽11404
₽78315
₽101046
-₽2764
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
-
-
-
172 500
pensions
-
-
-
3 165
income
-
-
-
49 419
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
54 717
Employee
26 328
-
157 625
-
health
3 015
-
18 048
-
pensions
2 965
-
5 804
-
income
3 612
-
38 721
-
total
9 592
-
62 573
-
Employer
26 328
-
157 625
-
pensions
4 281
-
8 381
-
accident
440
-
2 632
-
unemployment
645
-
3 862
-
total
5 366
-
14 875
-
Corporate
140 807
172 500
-
-
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.

126 726
155 250
-
-
total
126 726
155 250
-
-
Dividends
14 081
17 250
-
-
withholding
2 675
3 277
-
-
total
2 675
3 277
-
-
Income
172 500
172 500
172 500
172 500
Total tax
144 359
158 527
77 448
54 717
After tax
28 141
13 973
95 052
117 783
Living cost
16 737
16 737
16 737
16 737
Free-cash
11 404
-2 764
78 315
101 046

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₽68715
₽76604
₽57080
₽58465
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.

-
-
-
172 500
trade
-
-
-
19 524
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.

-
-
-
57 142
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 354
surtax

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

-
-
-
3 143
total
-
-
-
85 163
Employee

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

38 994
-
172 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 354
-
5 354
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 206
-
57 142
-
surtax

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

177
-
3 143
-
total
8 737
-
65 639
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
133 506
172 500
-
-
income
20 026
25 875
-
-
trade
19 158
24 753
-
-
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.

1 102
1 423
-
-
chamber of commerce
315
372
-
-
total
40 601
52 423
-
-
Dividends
92 904
120 077
-
-
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.

1 261
1 634
-
-
withholding
22 929
29 721
-
-
total
24 190
31 355
-
-
Income
172 500
172 500
172 500
172 500
Total tax
73 528
83 778
65 639
85 163
After tax
98 972
88 722
106 861
87 337
Living cost
30 257
30 257
30 257
30 257
Free-cash
68 715
58 465
76 604
57 080

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₽115268
₽58494
₽46183
₽121695
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.

-
-
-
172 500
income
-
-
-
35 998
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
43 988
total
-
-
-
110 013
Employee
22 900
-
135 135
-
income
4 076
-
30 469
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
19 594
-
total
6 595
-
60 337
-
Employer
22 900
-
135 135
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
14 865
-
total
5 516
-
37 365
-
Corporate
144 084
172 500
-
-
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%.

28 817
34 501
-
-
total
28 817
34 501
-
-
Dividends

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

115 267
137 999
-
-
total
-
-
-
-
Income
172 500
172 500
172 500
172 500
Total tax
40 928
34 501
97 702
110 013
After tax
131 572
137 999
74 798
62 487
Living cost
16 304
16 304
16 304
16 304
Free-cash
115 268
121 695
58 494
46 183

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽96296
₽95967
₽96661
₽97897
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
-
-
-
172 500
income
-
-
-
53 837
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
66 096
Employee
14 840
-
164 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
53 464
-
total
5 097
-
58 794
-
Employer
14 840
-
164 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
154 321
172 500
-
-
income
33 951
37 950
-
-
total
33 951
37 950
-
-
Dividends
120 370
134 550
-
-
withholding
24 074
26 910
-
-
total
24 074
26 910
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 461
64 860
66 790
66 096
After tax
106 039
107 640
105 710
106 404
Living cost
9 743
9 743
9 743
9 743
Free-cash
96 296
97 897
95 967
96 661

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽88406
₽58780
₽63571
₽90899
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
-
-
-
172 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
53 784
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
9 019
total
-
-
-
91 326
Employee
26 392
-
150 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
49 096
-
other
-
-
-
-
surtax
94
-
8 080
-
total
8 791
-
74 100
-
Employer
26 392
-
150 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
140 551
172 500
-
-
income
36 543
44 850
-
-
total
36 543
44 850
-
-
Dividends
104 009
127 650
-
-
withholding
15 601
19 148
-
-
total
15 601
19 148
-
-
Income
172 500
172 500
172 500
172 500
Total tax
66 491
63 998
96 117
91 326
After tax
106 009
108 502
76 383
81 174
Living cost
17 603
17 603
17 603
17 603
Free-cash
88 406
90 899
58 780
63 571

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽69807
₽20299
₽63583
₽70195
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
-
-
-
172 500
pensions
-
-
-
16 938
chamber of commerce
-