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
₽ 173000
per

Your estimated
City
free-cash

Valencia , Spain
₽90022
₽71996
₽75266
₽93463
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
-
-
-
173 000
unemployment
-
-
-
506
income
-
-
-
54 651
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
76 312
Employee
28 805
-
149 981
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
51 977
-
other
28
-
72
-
total
7 381
-
56 562
-
Employer
28 805
-
149 981
-
pensions
6 797
-
17 041
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 020
-
Corporate
135 012
173 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

20 251
25 950
-
-
total
20 251
25 950
-
-
Dividends
114 761
147 050
-
-
withholding
24 740
32 165
-
-
total
24 740
32 165
-
-
Income
173 000
173 000
173 000
173 000
Total tax
61 556
58 115
79 582
76 312
After tax
111 444
114 885
93 418
96 688
Living cost
21 422
21 422
21 422
21 422
Free-cash
90 022
93 463
71 996
75 266

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
₽101085
₽81402
₽82837
₽106345
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
-
-
-
173 000
pensions

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

-
-
-
28 431
income
-
-
-
30 136
other
-
-
-
5 626
health
-
-
-
5 213
total
-
-
-
69 406
Employee
28 285
-
142 952
-
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
-
29 658
-
total
7 527
-
40 793
-
Employer
28 285
-
142 952
-
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
-
1 144
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
30 048
-
Corporate
137 587
173 000
-
-
income
28 894
36 330
-
-
total
28 894
36 330
-
-
Dividends
108 693
136 670
-
-
withholding
7 609
9 568
-
-
total
7 609
9 568
-
-
Income
173 000
173 000
173 000
173 000
Total tax
51 158
45 898
70 841
69 406
After tax
121 842
127 102
102 159
103 594
Living cost
20 757
20 757
20 757
20 757
Free-cash
101 085
106 345
81 402
82 837

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
₽134098
₽136764
₽129590
₽137713
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
-
-
-
173 000
pensions

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

-
-
-
4 023
unemployment
-
-
-
109
income
-
-
-
25 950
health
-
-
-
3 126
total
-
-
-
33 208
Employee
13 509
-
167 667
-
health
621
-
1 250
-
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.

1 186
-
2 387
-
income
1 351
-
16 766
-
total
3 307
-
20 702
-
Employer
13 509
-
167 667
-
health
932
-
1 875
-
pensions

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

1 489
-
2 995
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 651
-
5 332
-
Corporate
156 840
173 000
-
-
income
15 684
17 300
-
-
total
15 684
17 300
-
-
Dividends
141 156
155 700
-
-
withholding
7 058
7 785
-
-
total
7 058
7 785
-
-
Income
173 000
173 000
173 000
173 000
Total tax
28 700
25 085
26 034
33 208
After tax
144 300
147 915
146 966
139 792
Living cost
10 202
10 202
10 202
10 202
Free-cash
134 098
137 713
136 764
129 590

Estimated living cost  is ₽10202 per week

₽5956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽270
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.
₽3247
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
₽65141
₽63287
₽68211
₽60540
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
-
-
-
173 000
income
-
-
-
31 975
other
-
-
-
5 363
health
-
-
-
8 432
social contributions
-
-
-
4 929
pensions
-
-
-
27 438
surtax
-
-
-
-
total
-
-
-
78 137
Employee
33 340
-
132 057
-
pensions
3 770
-
9 943
-
income
1 968
-
28 413
-
social contributions
951
-
3 762
-
surtax
-
-
-
-
total
6 689
-
42 118
-
Employer
33 340
-
132 057
-
health
2 334
-
13 119
-
social contributions
101
-
396
-
pensions
5 477
-
16 603
-
unemployment
1 350
-
5 349
-
other
1 150
-
5 476
-
total
10 412
-
40 943
-
Corporate
129 248
173 000
-
-
income
36 189
48 440
-
-
surtax
-
-
-
-
total
36 189
48 440
-
-
Dividends
93 059
124 560
-
-
social contributions
16 006
21 424
-
-
surtax
-
-
-
-
withholding
11 911
15 944
-
-
total
27 917
37 368
-
-
Income
173 000
173 000
173 000
173 000
Total tax
81 207
85 808
83 061
78 137
After tax
91 793
87 192
89 939
94 863
Living cost
26 652
26 652
26 652
26 652
Free-cash
65 141
60 540
63 287
68 211

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
₽48777
₽78013
₽60387
₽53551
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
-
-
-
173 000
pensions
-
-
-
9 127
income
-
-
-
61 246
health
-
-
-
9 606
total
-
-
-
79 979
Employee
66 524
66 524
158 523
-
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
29 143
-
total
33 074
28 701
47 876
-
Employer
66 524
66 524
158 523
-
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
95 643
94 827
-
-
income
19 128
18 965
-
-
total
19 128
18 965
-
-
Dividends
76 515
75 861
-
-
income
16 260
16 121
-
-
withholding
11 478
11 379
-
-
total
27 738
27 500
-
-
Income
173 000
173 000
173 000
173 000
Total tax
91 589
86 815
62 353
79 979
After tax
81 411
86 185
110 647
93 021
Living cost
32 634
32 634
32 634
32 634
Free-cash
48 777
53 551
78 013
60 387

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
₽72218
₽83479
₽61936
₽63599
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.

-
-
-
173 000
trade
-
-
-
21 543
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.

-
-
-
57 444
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.

-
-
-
3 159
total
-
-
-
87 468
Employee

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

29 796
-
173 000
-
health

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

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

5 322
-
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
-
57 444
-
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
-
3 159
-
total
6 200
-
65 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 204
173 000
-
-
income
21 480
25 950
-
-
trade
22 555
27 247
-
-
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.

1 181
1 427
-
-
chamber of commerce
324
367
-
-
total
45 540
54 991
-
-
Dividends
97 665
118 010
-
-
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.

1 326
1 607
-
-
withholding
24 120
29 207
-
-
total
25 446
30 814
-
-
Income
173 000
173 000
173 000
173 000
Total tax
77 186
85 805
65 925
87 468
After tax
95 814
87 195
107 075
85 532
Living cost
23 596
23 596
23 596
23 596
Free-cash
72 218
63 599
83 479
61 936

Estimated living cost  is ₽23596 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
₽103813
₽96993
₽98419
₽108051
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
-
-
-
173 000
income
-
-
-
39 530
health
-
-
-
4 411
social contributions
-
-
-
12 604
total
-
-
-
56 545
Employee
59 902
59 902
163 274
-
health
464
1 019
2 776
-
income
6 522
5 545
38 763
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
48 245
-
Employer
59 902
59 902
163 274
-
health
504
1 109
3 020
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
9 726
-
Corporate
142 944
107 018
-
-
income
17 868
13 377
-
-
total
17 868
13 377
-
-
Dividends
125 075
93 640
-
-
withholding
21 263
15 919
-
-
total
21 263
15 919
-
-
Income
173 000
173 000
173 000
173 000
Total tax
51 151
46 913
57 971
56 545
After tax
121 849
126 087
115 029
116 455
Living cost
18 036
18 036
18 036
18 036
Free-cash
103 813
108 051
96 993
98 419

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
₽73183
₽52492
₽65919
₽73967
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.

-
-
-
173 000
income
-
-
-
22 529
social contributions

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

-
-
-
60 117
surtax
-
-
-
-
total
-
-
-
82 646
Employee
35 828
-
139 799
-
income
7 452
-
47 341
-
social contributions
3 941
-
15 377
-
surtax
-
-
154
-
total
11 393
-
62 872
-
Employer
35 828
-
139 799
-
social contributions
8 509
-
33 201
-
total
8 509
-
33 201
-
Corporate
128 662
173 000
-
-
income
27 019
36 330
-
-
surtax
-
-
-
-
total
27 019
36 330
-
-
Dividends
101 643
136 670
-
-
withholding
28 461
38 268
-
-
total
28 461
38 268
-
-
Income
173 000
173 000
173 000
173 000
Total tax
75 382
74 598
96 073
82 646
After tax
97 618
98 402
76 927
90 354
Living cost
24 435
24 435
24 435
24 435
Free-cash
73 183
73 967
52 492
65 919

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
₽157617
₽132730
₽165600
₽158680
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%.

-
-
-
173 000
microenterprise

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

-
-
-
1 730
total
-
-
-
1 730
Employee
7 087
-
173 000
-
income
1 417
-
34 600
-
total
1 417
-
34 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

165 913
173 000
-
-
total
-
-
-
-
Dividends
165 913
173 000
-
-
withholding
8 296
8 650
-
-
total
8 296
8 650
-
-
Income
173 000
173 000
173 000
173 000
Total tax
9 713
8 650
34 600
1 730
After tax
163 287
164 350
138 400
171 270
Living cost
5 670
5 670
5 670
5 670
Free-cash
157 617
158 680
132 730
165 600

Estimated living cost  is ₽5670 per week

₽3514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽156
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.
₽1529
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
₽91699
₽55904
₽59659
₽98215
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.

-
-
-
173 000
pensions
-
-
-
31 595
unemployment
-
-
-
260
income
-
-
-
43 567
health
-
-
-
17 024
total
-
-
-
92 446
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
-
149 693
-
health
2 225
-
9 670
-
unemployment
49
-
210
-
pensions
5 340
-
23 202
-
income
5 940
-
39 812
-
total
13 554
-
72 894
-
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
-
149 693
-
health
2 294
-
9 970
-
pensions
3 048
-
13 247
-
unemployment
21
-
90
-
total
5 363
-
23 307
-
Corporate
133 189
173 000
-
-
income
25 306
32 870
-
-
total
25 306
32 870
-
-
Dividends
107 883
140 130
-
-
withholding
16 183
21 020
-
-
total
16 183
21 020
-
-
Income
173 000
173 000
173 000
173 000
Total tax
60 406
53 890
96 201
92 446
After tax
112 594
119 110
76 799
80 554
Living cost
20 895
20 895
20 895
20 895
Free-cash
91 699
98 215
55 904
59 659

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
₽82779
₽92546
₽113803
₽80056
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.

-
-
-
173 000
income
-
-
-
25 950
health

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

-
-
-
4 969
total
-
-
-
30 919
Employee
35 736
-
169 417
-
social contributions
3 580
-
3 583
-
income
3 878
-
45 010
-
total
7 458
-
48 593
-
Employer
35 736
-
169 417
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
133 683
173 000
-
-
income
46 789
60 550
-
-
total
46 789
60 550
-
-
Dividends
86 895
112 450
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
173 000
173 000
173 000
173 000
Total tax
61 943
64 666
52 176
30 919
After tax
111 057
108 334
120 824
142 081
Living cost
28 278
28 278
28 278
28 278
Free-cash
82 779
80 056
92 546
113 803

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
₽89431
₽89964
₽94583
₽89027
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
-
-
-
173 000
income
-
-
-
25 950
health
-
-
-
12 075
social contributions
-
-
-
23 873
total
-
-
-
61 898
Employee
26 413
-
173 000
-
health
1 843
-
12 075
-
income
4 405
-
30 569
-
social contributions
3 646
-
23 873
-
total
9 894
-
66 517
-
Employer
26 413
-
173 000
-
total
-
-
-
-
Corporate
146 587
173 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

7 329
8 650
-
-
total
7 329
8 650
-
-
Dividends
139 258
164 350
-
-
social contributions
19 218
22 680
-
-
withholding
20 889
24 652
-
-
health
9 720
11 472
-
-
total
49 827
58 804
-
-
Income
173 000
173 000
173 000
173 000
Total tax
67 050
67 454
66 517
61 898
After tax
105 950
105 546
106 483
111 102
Living cost
16 519
16 519
16 519
16 519
Free-cash
89 431
89 027
89 964
94 583

Estimated living cost  is ₽16519 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
₽89473
₽73408
₽81097
₽97265
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
-
-
-
173 000
income
-
-
-
18 620
health
-
-
-
23 355
social contributions
-
-
-
25 509
solidarity contribution
-
-
-
2 574
total
-
-
-
70 058
Employee
32 125
-
138 679
-
health
4 337
-
18 722
-
solidarity contribution
-
-
1 884
-
income
3 855
-
17 142
-
social contributions
2 088
-
5 678
-
total
10 280
-
43 426
-
Employer
32 125
-
138 679
-
health
2 891
-
12 481
-
social contributions
8 031
-
21 840
-
total
10 922
-
34 321
-
Corporate
129 953
173 000
-
-
income
24 691
32 870
-
-
total
24 691
32 870
-
-
Dividends
105 262
140 130
-
-
withholding
15 789
21 020
-
-
total
15 789
21 020
-
-
Income
173 000
173 000
173 000
173 000
Total tax
61 682
53 890
77 747
70 058
After tax
111 318
119 110
95 253
102 942
Living cost
21 845
21 845
21 845
21 845
Free-cash
89 473
97 265
73 408
81 097

Estimated living cost  is ₽21845 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
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.
₽4012
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
₽153858
₽129565
₽162435
₽155515
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%.

-
-
-
173 000
microenterprise

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

-
-
-
1 730
total
-
-
-
1 730
Employee
11 044
-
173 000
-
income
2 209
-
34 600
-
total
2 209
-
34 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

161 956
173 000
-
-
total
-
-
-
-
Dividends
161 956
173 000
-
-
withholding
8 098
8 650
-
-
total
8 098
8 650
-
-
Income
173 000
173 000
173 000
173 000
Total tax
10 307
8 650
34 600
1 730
After tax
162 693
164 350
138 400
171 270
Living cost
8 835
8 835
8 835
8 835
Free-cash
153 858
155 515
129 565
162 435

Estimated living cost  is ₽8835 per week

₽5979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽296
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.
₽2189
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
₽54922
₽52314
₽57238
₽49567
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
-
-
-
173 000
income
-
-
-
31 975
other
-
-
-
5 363
health
-
-
-
8 432
social contributions
-
-
-
4 929
pensions
-
-
-
27 438
surtax
-
-
-
-
total
-
-
-
78 137
Employee
48 791
-
132 057
-
pensions
5 519
-
9 943
-
income
4 257
-
28 413
-
social contributions
1 390
-
3 762
-
surtax
-
-
-
-
total
11 166
-
42 118
-
Employer
48 791
-
132 057
-
health
3 415
-
13 119
-
social contributions
146
-
396
-
pensions
8 017
-
16 603
-
unemployment
1 977
-
5 349
-
other
1 684
-
5 476
-
total
15 239
-
40 943
-
Corporate
108 971
173 000
-
-
income
30 512
48 440
-
-
surtax
-
-
-
-
total
30 512
48 440
-
-
Dividends
78 458
124 560
-
-
social contributions
13 494
21 424
-
-
surtax
-
-
-
-
withholding
10 042
15 944
-
-
total
23 536
37 368
-
-
Income
173 000
173 000
173 000
173 000
Total tax
80 453
85 808
83 061
78 137
After tax
92 547
87 192
89 939
94 863
Living cost
37 625
37 625
37 625
37 625
Free-cash
54 922
49 567
52 314
57 238

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
₽107746
₽97880
₽97880
₽111567
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.

-
-
-
173 000
pensions
-
-
-
14 917
unemployment
-
-
-
861
income
-
-
-
40 007
health
-
-
-
5 909
total
-
-
-
61 694
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.

20 245
-
162 730
-
health
1 043
-
2 955
-
unemployment
152
-
430
-
pensions
2 834
-
8 032
-
income
2 791
-
40 007
-
total
6 820
-
51 424
-
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.

20 245
-
162 730
-
health
1 043
-
2 955
-
pensions
2 429
-
6 885
-
unemployment
152
-
430
-
total
3 624
-
10 270
-
Corporate
149 131
173 000
-
-
income
22 370
25 950
-
-
total
22 370
25 950
-
-
Dividends
126 761
147 050
-
-
withholding
19 014
22 057
-
-
total
19 014
22 057
-
-
Income
173 000
173 000
173 000
173 000
Total tax
51 828
48 007
61 694
61 694
After tax
121 172
124 993
111 306
111 306
Living cost
13 426
13 426
13 426
13 426
Free-cash
107 746
111 567
97 880
97 880

Estimated living cost  is ₽13426 per week

₽9040
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.
₽2959
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
₽48498
₽77183
₽82518
₽25607
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
-
-
-
173 000
pensions
-
-
-
15 916
city
-
-
-
1 823
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.

-
-
-
3 460
health
-
-
-
389
regional
-
-
-
10 159
national
-
-
-
5 234
total
-
-
-
36 981
Employee
62 610
-
156 091
-
health
142
-
352
-
unemployment
-
-
-
-
city
672
-
1 693
-
pensions
5 260
-
11 717
-
regional
2 050
-
9 091
-
national
296
-
4 272
-
total
8 420
-
27 125
-
Employer
62 610
-
156 091
-
health
142
-
352
-
pensions
5 260
-
11 717
-
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
-
3 122
-
total
6 654
-
15 191
-
Corporate
103 048
173 000
-
-
regional
21 795
36 590
-
-
national
8 759
14 704
-
-
total
30 554
51 294
-
-
Dividends
72 494
121 706
-
-
withholding
25 373
42 598
-
-
total
25 373
42 598
-
-
Income
173 000
173 000
173 000
173 000
Total tax
71 001
93 892
42 316
36 981
After tax
101 999
79 108
130 684
136 019
Living cost
53 501
53 501
53 501
53 501
Free-cash
48 498
25 607
77 183
82 518

Estimated living cost  is ₽53501 per week

₽34791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4801
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.
₽13252
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
₽78681
₽56661
₽76476
₽76274
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

-
-
-
173 000
municipal
-
-
-
30 719
health
-
-
-
2 339
national
-
-
-
33 558
total
-
-
-
66 616
Employee
40 985
-
145 537
-
health
306
-
1 916
-
unemployment
615
-
2 183
-
pensions
2 766
-
9 823
-
national
677
-
21 356
-
municipal
6 713
-
23 690
-
total
11 077
-
58 968
-
Employer
40 985
-
145 537
-
health
315
-
1 121
-
pensions
7 111
-
25 251
-
accident
41
-
145
-
unemployment
266
-
946
-
total
7 733
-
27 463
-
Corporate
124 282
173 000
-
-
income
24 856
34 600
-
-
total
24 856
34 600
-
-
Dividends

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

74 569
103 800
-
-
municipal
13 423
18 684
-
-
national
7 322
13 534
-
-
total
20 745
32 218
-
-
Income
173 000
173 000
173 000
173 000
Total tax
64 411
66 818
86 431
66 616
After tax
108 589
106 182
86 569
106 384
Living cost
29 908
29 908
29 908
29 908
Free-cash
78 681
76 274
56 661
76 476

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.
₽7021
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
₽56593
₽30508
₽46830
₽66657
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
-
-
-
173 000
communal

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

-
-
-
9 214
social contributions
-
-
-
19 422
national
-
-
-
69 130
total
-
-
-
97 766
Employee

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

55 723
-
133 996
-
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
-
6 298
-
communal

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

2 906
-
6 989
-
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
-
1 166
-
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
-
10 050
-
national
17 131
-
50 582
-
total
27 319
-
75 085
-
Employer

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

55 723
-
133 996
-
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
-
8 240
-
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
-
11 872
-
surtax
6 318
-
15 194
-
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
-
1 741
-
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
-
1 956
-
total
16 220
-
39 003
-
Corporate
101 057
173 000
-
-
income
20 212
36 865
-
-
surtax
404
738
-
-
total
20 616
37 603
-
-
Dividends
80 442
135 398
-
-
withholding

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

23 848
40 336
-
-
total
23 848
40 336
-
-
Income
173 000
173 000
173 000
173 000
Total tax
88 003
77 939
114 088
97 766
After tax
84 997
95 061
58 912
75 234
Living cost
28 404
28 404
28 404
28 404
Free-cash
56 593
66 657
30 508
46 830

Estimated living cost  is ₽28404 per week

₽18296
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
₽60106
₽52900
₽53714
₽60861
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
-
-
-
173 000
unemployment
-
-
-
74
municipal
-
-
-
45 228
other
-
-
-
8 556
health
-
-
-
4 595
national
-
-
-
19 129
accident
-
-
-
147
pensions
-
-
-
7 960
total
-
-
-
85 689
Employee
47 873
-
149 864
-
national
-
-
18 678
-
municipal
14 276
-
44 690
-
total
14 276
-
63 368
-
Employer
47 873
-
149 864
-
health
2 944
-
4 528
-
pensions
5 175
-
7 960
-
accident
96
-
147
-
unemployment
1 264
-
1 944
-
other
5 563
-
8 556
-
total
15 042
-
23 135
-
Corporate
110 085
173 000
-
-
income
24 219
38 060
-
-
total
24 219
38 060
-
-
Dividends
85 867
134 940
-
-
withholding
25 760
40 482
-
-
total
25 760
40 482
-
-
Income
173 000
173 000
173 000
173 000
Total tax
79 297
78 542
86 503
85 689
After tax
93 703
94 458
86 497
87 311
Living cost
33 597
33 597
33 597
33 597
Free-cash
60 106
60 861
52 900
53 714

Estimated living cost  is ₽33597 per week

₽22267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽7523
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
₽27332
₽124637
₽82494
₽68190
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
-
-
-
173 000
income
-
-
-
33 721
social contributions
-
-
-
19 722
total
-
-
-
53 443
Employee
53 143
-
-
-
income
11 722
-
-
-
social contributions
4 358
-
621
-
total
16 080
-
621
-
Employer
53 143
-
-
-
social contributions
74 932
-
10 679
-
total
74 932
-
10 679
-
Corporate
44 925
173 000
-
-
income
9 884
38 060
-
-
total
9 884
38 060
-
-
Dividends
35 042
134 940
-
-
income
7 709
29 687
-
-
total
7 709
29 687
-
-
Income
173 000
173 000
173 000
173 000
Total tax
108 605
67 747
11 300
53 443
After tax
64 395
105 253
161 700
119 557
Living cost
37 063
37 063
37 063
37 063
Free-cash
27 332
68 190
124 637
82 494

Estimated living cost  is ₽37063 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
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.
₽9057
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
₽97591
₽89762
₽91188
₽100820
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
-
-
-
173 000
income
-
-
-
39 530
health
-
-
-
4 411
social contributions
-
-
-
12 604
total
-
-
-
56 545
Employee
59 902
59 902
163 274
-
health
596
1 019
2 776
-
income
6 290
5 545
38 763
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
48 245
-
Employer
59 902
59 902
163 274
-
health
649
1 109
3 020
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
9 726
-
Corporate
134 376
107 018
-
-
income
16 797
13 377
-
-
total
16 797
13 377
-
-
Dividends
117 580
93 640
-
-
withholding
19 988
15 919
-
-
total
19 988
15 919
-
-
Income
173 000
173 000
173 000
173 000
Total tax
50 142
46 913
57 971
56 545
After tax
122 858
126 087
115 029
116 455
Living cost
25 267
25 267
25 267
25 267
Free-cash
97 591
100 820
89 762
91 188

Estimated living cost  is ₽25267 per week

₽17273
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
₽85376
₽68278
₽83713
₽80918
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
-
-
-
173 000
income
-
-
-
53 726
pensions
-
-
-
7 583
total
-
-
-
61 309
Employee
38 403
-
150 752
-
health
501
-
2 029
-
pensions
2 931
-
9 033
-
income
6 994
-
43 434
-
total
10 426
-
54 496
-
Employer
38 403
-
150 752
-
health
730
-
2 865
-
pensions
3 880
-
19 383
-
total
4 610
-
22 248
-
Corporate
129 987
173 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

24 698
32 869
-
-
total
24 698
32 869
-
-
Dividends
105 289
140 131
-
-
withholding
19 912
31 235
-
-
total
19 912
31 235
-
-
Income
173 000
173 000
173 000
173 000
Total tax
59 646
64 104
76 744
61 309
After tax
113 354
108 896
96 256
111 691
Living cost
27 978
27 978
27 978
27 978
Free-cash
85 376
80 918
68 278
83 713

Estimated living cost  is ₽27978 per week

₽19193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽5861
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
₽56546
₽43640
₽50041
₽60091
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
-
-
-
173 000
municipal
-
-
-
1 206
regional
-
-
-
4 202
social contributions
-
-
-
38 989
national
-
-
-
47 528
total
-
-
-
91 925
Employee
65 644
-
173 000
-
social contributions
22 135
-
51 116
-
regional
991
-
3 799
-
national
11 093
-
42 314
-
municipal
392
-
1 097
-
total
34 611
-
98 326
-
Employer
65 644
-
173 000
-
total
-
-
-
-
Corporate
107 356
173 000
-
-
nationa
25 766
41 520
-
-
municipal
5 174
8 339
-
-
total
30 940
49 859
-
-
Dividends
76 416
123 141
-
-
withholding
19 869
32 016
-
-
total
19 869
32 016
-
-
Income
173 000
173 000
173 000
173 000
Total tax
85 420
81 875
98 326
91 925
After tax
87 580
91 125
74 674
81 075
Living cost
31 034
31 034
31 034
31 034
Free-cash
56 546
60 091
43 640
50 041

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
₽11432
₽78494
₽101305
-₽2808
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
-
-
-
173 000
pensions
-
-
-
3 181
income
-
-
-
49 550
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
54 874
Employee
26 460
-
158 064
-
health
3 030
-
18 099
-
pensions
2 979
-
5 833
-
income
3 630
-
38 816
-
total
9 639
-
62 748
-
Employer
26 460
-
158 064
-
pensions
4 303
-
8 424
-
accident
442
-
2 640
-
unemployment
648
-
3 873
-
total
5 393
-
14 937
-
Corporate
141 147
173 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

127 033
155 700
-
-
total
127 033
155 700
-
-
Dividends
14 115
17 300
-
-
withholding
2 682
3 287
-
-
total
2 682
3 287
-
-
Income
173 000
173 000
173 000
173 000
Total tax
144 747
158 987
77 685
54 874
After tax
28 253
14 013
95 315
118 126
Living cost
16 821
16 821
16 821
16 821
Free-cash
11 432
-2 808
78 494
101 305

Estimated living cost  is ₽16821 per week

₽12328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
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.
₽3210
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
₽69091
₽77000
₽57372
₽58901
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.

-
-
-
173 000
trade
-
-
-
19 628
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.

-
-
-
57 444
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.

-
-
-
3 159
total
-
-
-
85 553
Employee

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

38 761
-
173 000
-
health

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

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

5 322
-
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
-
57 444
-
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
-
3 159
-
total
8 685
-
65 925
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 239
173 000
-
-
income
20 136
25 950
-
-
trade
19 264
24 825
-
-
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.

1 107
1 427
-
-
chamber of commerce
315
373
-
-
total
40 822
52 575
-
-
Dividends
93 417
120 425
-
-
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.

1 268
1 639
-
-
withholding
23 059
29 810
-
-
total
24 327
31 449
-
-
Income
173 000
173 000
173 000
173 000
Total tax
73 834
84 024
65 925
85 553
After tax
99 166
88 976
107 075
87 447
Living cost
30 075
30 075
30 075
30 075
Free-cash
69 091
58 901
77 000
57 372

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
₽115803
₽58891
₽46568
₽122193
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.

-
-
-
173 000
income
-
-
-
36 264
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
-
-
-
44 114
total
-
-
-
110 225
Employee
22 763
-
135 707
-
income
4 052
-
30 719
-
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
-
-
19 678
-
total
6 556
-
60 609
-
Employer
22 763
-
135 707
-
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
-
-
14 928
-
total
5 483
-
37 293
-
Corporate
144 754
173 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

28 951
34 600
-
-
total
28 951
34 600
-
-
Dividends

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

115 803
138 400
-
-
total
-
-
-
-
Income
173 000
173 000
173 000
173 000
Total tax
40 990
34 600
97 902
110 225
After tax
132 010
138 400
75 098
62 775
Living cost
16 207
16 207
16 207
16 207
Free-cash
115 803
122 193
58 891
46 568

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
₽96497
₽96134
₽96834
₽98113
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
-
-
-
173 000
income
-
-
-
53 948
health
-
-
-
5 203
pensions
-
-
-
7 176
total
-
-
-
66 327
Employee
14 985
-
164 927
-
health
749
-
1 794
-
unemployment
150
-
359
-
pensions
1 349
-
3 229
-
income
2 899
-
53 571
-
total
5 147
-
58 953
-
Employer
14 985
-
164 927
-
health
1 424
-
3 409
-
pensions
1 648
-
3 947
-
unemployment
300
-
718
-
total
3 372
-
8 074
-
Corporate
154 643
173 000
-
-
income
34 021
38 060
-
-
total
34 021
38 060
-
-
Dividends
120 622
134 940
-
-
withholding
24 124
26 988
-
-
total
24 124
26 988
-
-
Income
173 000
173 000
173 000
173 000
Total tax
66 664
65 048
67 027
66 327
After tax
106 336
107 952
105 973
106 673
Living cost
9 839
9 839
9 839
9 839
Free-cash
96 497
98 113
96 134
96 834

Estimated living cost  is ₽9839 per week

₽5847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2969
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
₽88842
₽59132
₽63897
₽91319
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
-
-
-
173 000
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
54 152
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
9 102
total
-
-
-
91 606
Employee
26 234
-
151 115
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
49 493
-
other
-
-
-
-
surtax
93
-
8 171
-
total
8 737
-
74 486
-
Employer
26 234
-
151 115
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
141 243
173 000
-
-
income
36 723
44 981
-
-
total
36 723
44 981
-
-
Dividends
104 520
128 019
-
-
withholding
15 678
19 203
-
-
total
15 678
19 203
-
-
Income
173 000
173 000
173 000
173 000
Total tax
66 661
64 184
96 371
91 606
After tax
106 339
108 816
76 629
81 394
Living cost
17 497
17 497
17 497
17 497
Free-cash
88 842
91 319
59 132
63 897

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
₽70224
₽20565
₽63963
₽70610
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
-
-
-
173 000
pensions
-
-
-
16 837
chamber of commerce
-