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
₽ 173500
per

Your estimated
City
free-cash

Valencia , Spain
₽90211
₽72131
₽75420
₽93670
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
-
-
-
173 500
unemployment
-
-
-
509
income
-
-
-
54 737
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
76 529
Employee
28 978
-
150 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
52 046
-
other
28
-
73
-
total
7 426
-
56 660
-
Employer
28 978
-
150 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
135 283
173 500
-
-
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.

20 292
26 025
-
-
total
20 292
26 025
-
-
Dividends
114 991
147 475
-
-
withholding
24 782
32 254
-
-
total
24 782
32 254
-
-
Income
173 500
173 500
173 500
173 500
Total tax
61 738
58 279
79 818
76 529
After tax
111 762
115 221
93 682
96 971
Living cost
21 551
21 551
21 551
21 551
Free-cash
90 211
93 670
72 131
75 420

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
₽101294
₽81487
₽82929
₽106587
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
-
-
-
173 500
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
-
-
-
30 182
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
69 688
Employee
28 456
-
143 275
-
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
-
29 702
-
total
7 573
-
40 904
-
Employer
28 456
-
143 275
-
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
-
1 147
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 226
-
Corporate
137 873
173 500
-
-
income
28 953
36 436
-
-
total
28 953
36 436
-
-
Dividends
108 920
137 064
-
-
withholding
7 625
9 594
-
-
total
7 625
9 594
-
-
Income
173 500
173 500
173 500
173 500
Total tax
51 323
46 030
71 130
69 688
After tax
122 177
127 470
102 370
103 812
Living cost
20 883
20 883
20 883
20 883
Free-cash
101 294
106 587
81 487
82 929

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
₽134432
₽137086
₽129898
₽138072
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
-
-
-
173 500
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
-
-
-
26 025
health
-
-
-
3 147
total
-
-
-
33 331
Employee
13 600
-
168 132
-
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
-
16 813
-
total
3 330
-
20 776
-
Employer
13 600
-
168 132
-
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
157 232
173 500
-
-
income
15 723
17 350
-
-
total
15 723
17 350
-
-
Dividends
141 509
156 150
-
-
withholding
7 075
7 807
-
-
total
7 075
7 807
-
-
Income
173 500
173 500
173 500
173 500
Total tax
28 797
25 157
26 144
33 331
After tax
144 703
148 343
147 356
140 169
Living cost
10 270
10 270
10 270
10 270
Free-cash
134 432
138 072
137 086
129 898

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
₽65261
₽63468
₽68370
₽60631
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
-
-
-
173 500
income
-
-
-
31 993
other
-
-
-
5 378
health
-
-
-
8 443
social contributions
-
-
-
4 944
pensions
-
-
-
27 559
surtax
-
-
-
-
total
-
-
-
78 317
Employee
33 541
-
132 464
-
pensions
3 792
-
9 963
-
income
1 980
-
28 446
-
social contributions
956
-
3 775
-
surtax
-
-
-
-
total
6 728
-
42 184
-
Employer
33 541
-
132 464
-
health
2 348
-
13 148
-
social contributions
101
-
397
-
pensions
5 510
-
16 638
-
unemployment
1 358
-
5 364
-
other
1 157
-
5 488
-
total
10 474
-
41 035
-
Corporate
129 484
173 500
-
-
income
36 256
48 580
-
-
surtax
-
-
-
-
total
36 256
48 580
-
-
Dividends
93 228
124 920
-
-
social contributions
16 034
21 487
-
-
surtax
-
-
-
-
withholding
11 934
15 989
-
-
total
27 968
37 476
-
-
Income
173 500
173 500
173 500
173 500
Total tax
81 426
86 056
83 219
78 317
After tax
92 074
87 444
90 281
95 183
Living cost
26 813
26 813
26 813
26 813
Free-cash
65 261
60 631
63 468
68 370

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
₽48796
₽78136
₽60489
₽53597
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
-
-
-
173 500
pensions
-
-
-
9 182
income
-
-
-
61 334
health
-
-
-
9 664
total
-
-
-
80 180
Employee
66 925
66 925
158 936
-
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
29 122
-
total
33 274
28 874
47 968
-
Employer
66 925
66 925
158 936
-
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
95 676
94 855
-
-
income
19 135
18 971
-
-
total
19 135
18 971
-
-
Dividends
76 542
75 884
-
-
income
16 264
16 125
-
-
withholding
11 481
11 383
-
-
total
27 745
27 508
-
-
Income
173 500
173 500
173 500
173 500
Total tax
91 873
87 072
62 533
80 180
After tax
81 627
86 428
110 967
93 320
Living cost
32 831
32 831
32 831
32 831
Free-cash
48 796
53 597
78 136
60 489

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
₽72378
₽83680
₽62093
₽63711
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.

-
-
-
173 500
trade
-
-
-
21 587
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.

-
-
-
57 562
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.

-
-
-
3 166
total
-
-
-
87 669
Employee

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

29 975
-
173 500
-
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
-
57 562
-
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
-
3 166
-
total
6 237
-
66 082
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
143 525
173 500
-
-
income
21 529
26 025
-
-
trade
22 606
27 326
-
-
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.

1 184
1 431
-
-
chamber of commerce
326
369
-
-
total
45 645
55 151
-
-
Dividends
97 880
118 349
-
-
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.

1 330
1 611
-
-
withholding
24 172
29 289
-
-
total
25 502
30 900
-
-
Income
173 500
173 500
173 500
173 500
Total tax
77 384
86 051
66 082
87 669
After tax
96 116
87 449
107 418
85 831
Living cost
23 738
23 738
23 738
23 738
Free-cash
72 378
63 711
83 680
62 093

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
₽104044
₽97237
₽98666
₽108308
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
-
-
-
173 500
income
-
-
-
39 584
health
-
-
-
4 425
social contributions
-
-
-
12 680
total
-
-
-
56 689
Employee
60 263
60 263
163 724
-
health
467
1 025
2 783
-
income
6 562
5 579
38 814
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
48 343
-
Employer
60 263
60 263
163 724
-
health
507
1 115
3 029
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 775
-
Corporate
143 262
107 120
-
-
income
17 908
13 390
-
-
total
17 908
13 390
-
-
Dividends
125 355
93 730
-
-
withholding
21 311
15 934
-
-
total
21 311
15 934
-
-
Income
173 500
173 500
173 500
173 500
Total tax
51 311
47 047
58 118
56 689
After tax
122 189
126 453
115 382
116 811
Living cost
18 145
18 145
18 145
18 145
Free-cash
104 044
108 308
97 237
98 666

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
₽73316
₽52614
₽66061
₽74104
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.

-
-
-
173 500
income
-
-
-
22 566
social contributions

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

-
-
-
60 291
surtax
-
-
-
-
total
-
-
-
82 857
Employee
36 044
-
140 202
-
income
7 497
-
47 437
-
social contributions
3 965
-
15 423
-
surtax
-
-
146
-
total
11 462
-
63 006
-
Employer
36 044
-
140 202
-
social contributions
8 560
-
33 298
-
total
8 560
-
33 298
-
Corporate
128 895
173 500
-
-
income
27 068
36 436
-
-
surtax
-
-
-
-
total
27 068
36 436
-
-
Dividends
101 828
137 064
-
-
withholding
28 512
38 378
-
-
total
28 512
38 378
-
-
Income
173 500
173 500
173 500
173 500
Total tax
75 602
74 814
96 304
82 857
After tax
97 898
98 686
77 196
90 643
Living cost
24 582
24 582
24 582
24 582
Free-cash
73 316
74 104
52 614
66 061

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
₽157613
₽132726
₽165691
₽158751
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%.

-
-
-
173 500
microenterprise

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

-
-
-
1 735
total
-
-
-
1 735
Employee
7 592
-
173 500
-
income
1 518
-
34 700
-
total
1 518
-
34 700
-
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%.

165 908
173 500
-
-
total
-
-
-
-
Dividends
165 908
173 500
-
-
withholding
8 295
8 675
-
-
total
8 295
8 675
-
-
Income
173 500
173 500
173 500
173 500
Total tax
9 813
8 675
34 700
1 735
After tax
163 687
164 825
138 800
171 765
Living cost
6 074
6 074
6 074
6 074
Free-cash
157 613
158 751
132 726
165 691

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
₽91878
₽56058
₽59826
₽98435
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.

-
-
-
173 500
pensions
-
-
-
31 685
unemployment
-
-
-
260
income
-
-
-
43 636
health
-
-
-
17 072
total
-
-
-
92 653
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
-
150 125
-
health
2 238
-
9 698
-
unemployment
49
-
210
-
pensions
5 372
-
23 269
-
income
5 976
-
39 869
-
total
13 635
-
73 046
-
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
-
150 125
-
health
2 308
-
9 999
-
pensions
3 067
-
13 285
-
unemployment
21
-
91
-
total
5 396
-
23 375
-
Corporate
133 449
173 500
-
-
income
25 356
32 964
-
-
total
25 356
32 964
-
-
Dividends
108 093
140 536
-
-
withholding
16 214
21 080
-
-
total
16 214
21 080
-
-
Income
173 500
173 500
173 500
173 500
Total tax
60 601
54 044
96 421
92 653
After tax
112 899
119 456
77 079
80 847
Living cost
21 021
21 021
21 021
21 021
Free-cash
91 878
98 435
56 058
59 826

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
₽82926
₽92750
₽114071
₽80186
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.

-
-
-
173 500
income
-
-
-
26 025
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
-
-
-
30 980
Employee
35 952
-
169 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
45 091
-
total
7 503
-
48 696
-
Employer
35 952
-
169 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
133 946
173 500
-
-
income
46 880
60 725
-
-
total
46 880
60 725
-
-
Dividends
87 066
112 775
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
173 500
173 500
173 500
173 500
Total tax
62 125
64 865
52 301
30 980
After tax
111 375
108 635
121 199
142 520
Living cost
28 449
28 449
28 449
28 449
Free-cash
82 926
80 186
92 750
114 071

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
₽89637
₽90184
₽94803
₽89232
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
-
-
-
173 500
income
-
-
-
26 025
health
-
-
-
12 111
social contributions
-
-
-
23 943
total
-
-
-
62 079
Employee
26 572
-
173 500
-
health
1 855
-
12 111
-
income
4 432
-
30 644
-
social contributions
3 668
-
23 943
-
total
9 955
-
66 698
-
Employer
26 572
-
173 500
-
total
-
-
-
-
Corporate
146 928
173 500
-
-
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%.

7 347
8 675
-
-
total
7 347
8 675
-
-
Dividends
139 581
164 825
-
-
social contributions
19 263
22 746
-
-
withholding
20 937
24 724
-
-
health
9 743
11 505
-
-
total
49 943
58 975
-
-
Income
173 500
173 500
173 500
173 500
Total tax
67 245
67 650
66 698
62 079
After tax
106 255
105 850
106 802
111 421
Living cost
16 618
16 618
16 618
16 618
Free-cash
89 637
89 232
90 184
94 803

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
₽89693
₽73576
₽81283
₽97518
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
-
-
-
173 500
income
-
-
-
18 669
health
-
-
-
23 423
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
2 571
total
-
-
-
70 280
Employee
32 261
-
139 053
-
health
4 355
-
18 772
-
solidarity contribution
-
-
1 879
-
income
3 871
-
17 187
-
social contributions
2 097
-
5 702
-
total
10 323
-
43 540
-
Employer
32 261
-
139 053
-
health
2 903
-
12 515
-
social contributions
8 065
-
21 932
-
total
10 968
-
34 447
-
Corporate
130 271
173 500
-
-
income
24 751
32 965
-
-
total
24 751
32 965
-
-
Dividends
105 519
140 535
-
-
withholding
15 828
21 080
-
-
total
15 828
21 080
-
-
Income
173 500
173 500
173 500
173 500
Total tax
61 870
54 045
77 987
70 280
After tax
111 630
119 455
95 513
103 220
Living cost
21 937
21 937
21 937
21 937
Free-cash
89 693
97 518
73 576
81 283

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
₽153586
₽129335
₽162300
₽155360
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%.

-
-
-
173 500
microenterprise

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

-
-
-
1 735
total
-
-
-
1 735
Employee
11 832
-
173 500
-
income
2 366
-
34 700
-
total
2 366
-
34 700
-
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%.

161 668
173 500
-
-
total
-
-
-
-
Dividends
161 668
173 500
-
-
withholding
8 083
8 675
-
-
total
8 083
8 675
-
-
Income
173 500
173 500
173 500
173 500
Total tax
10 449
8 675
34 700
1 735
After tax
163 051
164 825
138 800
171 765
Living cost
9 465
9 465
9 465
9 465
Free-cash
153 586
155 360
129 335
162 300

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
₽54979
₽52429
₽57331
₽49592
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
-
-
-
173 500
income
-
-
-
31 993
other
-
-
-
5 378
health
-
-
-
8 443
social contributions
-
-
-
4 944
pensions
-
-
-
27 559
surtax
-
-
-
-
total
-
-
-
78 317
Employee
49 085
-
132 464
-
pensions
5 552
-
9 963
-
income
4 283
-
28 446
-
social contributions
1 398
-
3 775
-
surtax
-
-
-
-
total
11 233
-
42 184
-
Employer
49 085
-
132 464
-
health
3 435
-
13 148
-
social contributions
147
-
397
-
pensions
8 065
-
16 638
-
unemployment
1 988
-
5 364
-
other
1 694
-
5 488
-
total
15 329
-
41 035
-
Corporate
109 085
173 500
-
-
income
30 543
48 580
-
-
surtax
-
-
-
-
total
30 543
48 580
-
-
Dividends
78 541
124 920
-
-
social contributions
13 510
21 487
-
-
surtax
-
-
-
-
withholding
10 054
15 989
-
-
total
23 564
37 476
-
-
Income
173 500
173 500
173 500
173 500
Total tax
80 669
86 056
83 219
78 317
After tax
92 831
87 444
90 281
95 183
Living cost
37 852
37 852
37 852
37 852
Free-cash
54 979
49 592
52 429
57 331

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
₽107997
₽98050
₽98050
₽111842
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.

-
-
-
173 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
40 111
health
-
-
-
5 948
total
-
-
-
61 938
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
-
163 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
40 111
-
total
6 864
-
51 602
-
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
-
163 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
149 477
173 500
-
-
income
22 422
26 025
-
-
total
22 422
26 025
-
-
Dividends
127 056
147 475
-
-
withholding
19 058
22 121
-
-
total
19 058
22 121
-
-
Income
173 500
173 500
173 500
173 500
Total tax
51 991
48 146
61 938
61 938
After tax
121 509
125 354
111 562
111 562
Living cost
13 512
13 512
13 512
13 512
Free-cash
107 997
111 842
98 050
98 050

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
₽48849
₽77735
₽83033
₽26049
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
-
-
-
173 500
pensions
-
-
-
15 963
city
-
-
-
1 829
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.

-
-
-
3 470
health
-
-
-
390
regional
-
-
-
10 222
national
-
-
-
5 304
total
-
-
-
37 178
Employee
62 361
-
156 570
-
health
141
-
352
-
unemployment
-
-
-
-
city
669
-
1 698
-
pensions
5 239
-
11 725
-
regional
2 042
-
9 148
-
national
295
-
4 345
-
total
8 386
-
27 268
-
Employer
62 361
-
156 570
-
health
141
-
352
-
pensions
5 239
-
11 725
-
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
-
3 131
-
total
6 627
-
15 208
-
Corporate
103 826
173 500
-
-
regional
21 959
36 695
-
-
national
8 825
14 747
-
-
total
30 784
51 442
-
-
Dividends
73 042
122 058
-
-
withholding
25 565
42 720
-
-
total
25 565
42 720
-
-
Income
173 500
173 500
173 500
173 500
Total tax
71 362
94 162
42 476
37 178
After tax
102 138
79 338
131 024
136 322
Living cost
53 289
53 289
53 289
53 289
Free-cash
48 849
26 049
77 735
83 033

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
₽78845
₽56792
₽76666
₽76428
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

-
-
-
173 500
municipal
-
-
-
30 808
health
-
-
-
2 345
national
-
-
-
33 592
total
-
-
-
66 745
Employee
41 232
-
145 958
-
health
308
-
1 920
-
unemployment
619
-
2 189
-
pensions
2 783
-
9 853
-
national
681
-
21 355
-
municipal
6 754
-
23 760
-
total
11 145
-
59 077
-
Employer
41 232
-
145 958
-
health
317
-
1 124
-
pensions
7 154
-
25 323
-
accident
42
-
146
-
unemployment
268
-
949
-
total
7 781
-
27 542
-
Corporate
124 488
173 500
-
-
income
24 898
34 700
-
-
total
24 898
34 700
-
-
Dividends

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

74 693
104 100
-
-
municipal
13 445
18 738
-
-
national
7 297
13 545
-
-
total
20 742
32 283
-
-
Income
173 500
173 500
173 500
173 500
Total tax
64 566
66 983
86 619
66 745
After tax
108 934
106 517
86 881
106 755
Living cost
30 089
30 089
30 089
30 089
Free-cash
78 845
76 428
56 792
76 666

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
₽56630
₽30530
₽46874
₽66792
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
-
-
-
173 500
communal

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

-
-
-
9 237
social contributions
-
-
-
19 539
national
-
-
-
69 275
total
-
-
-
98 051
Employee

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

56 059
-
134 381
-
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
-
6 316
-
communal

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

2 924
-
7 009
-
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
-
1 169
-
pensions

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

4 204
-
10 079
-
national
17 235
-
50 703
-
total
27 485
-
75 276
-
Employer

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

56 059
-
134 381
-
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
-
8 265
-
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
-
11 907
-
surtax
6 356
-
15 238
-
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
-
1 747
-
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
-
1 962
-
total
16 317
-
39 119
-
Corporate
101 123
173 500
-
-
income
20 225
36 929
-
-
surtax
405
739
-
-
total
20 630
37 668
-
-
Dividends
80 494
135 831
-
-
withholding

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

23 863
40 465
-
-
total
23 863
40 465
-
-
Income
173 500
173 500
173 500
173 500
Total tax
88 295
78 133
114 395
98 051
After tax
85 205
95 367
59 105
75 449
Living cost
28 575
28 575
28 575
28 575
Free-cash
56 630
66 792
30 530
46 874

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
₽59985
₽52835
₽53659
₽60747
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
-
-
-
173 500
unemployment
-
-
-
75
municipal
-
-
-
45 303
other
-
-
-
8 655
health
-
-
-
4 648
national
-
-
-
18 976
accident
-
-
-
149
pensions
-
-
-
8 051
total
-
-
-
85 857
Employee
48 425
-
150 098
-
national
-
-
18 520
-
municipal
14 440
-
44 759
-
total
14 440
-
63 279
-
Employer
48 425
-
150 098
-
health
2 978
-
4 581
-
pensions
5 235
-
8 051
-
accident
97
-
149
-
unemployment
1 278
-
1 966
-
other
5 627
-
8 655
-
total
15 215
-
23 402
-
Corporate
109 861
173 500
-
-
income
24 169
38 170
-
-
total
24 169
38 170
-
-
Dividends
85 691
135 330
-
-
withholding
25 707
40 599
-
-
total
25 707
40 599
-
-
Income
173 500
173 500
173 500
173 500
Total tax
79 531
78 769
86 681
85 857
After tax
93 969
94 731
86 819
87 643
Living cost
33 984
33 984
33 984
33 984
Free-cash
59 985
60 747
52 835
53 659

Estimated living cost  is ₽33984 per week

₽22523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
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.
₽7610
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
₽26058
₽124156
₽82088
₽67743
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
-
-
-
173 500
income
-
-
-
33 819
social contributions
-
-
-
19 779
total
-
-
-
53 598
Employee
54 220
-
-
-
income
11 960
-
-
-
social contributions
4 446
-
634
-
total
16 406
-
634
-
Employer
54 220
-
-
-
social contributions
76 451
-
10 896
-
total
76 451
-
10 896
-
Corporate
42 829
173 500
-
-
income
9 422
38 170
-
-
total
9 422
38 170
-
-
Dividends
33 407
135 330
-
-
income
7 349
29 773
-
-
total
7 349
29 773
-
-
Income
173 500
173 500
173 500
173 500
Total tax
109 628
67 943
11 530
53 598
After tax
63 872
105 557
161 970
119 902
Living cost
37 814
37 814
37 814
37 814
Free-cash
26 058
67 743
124 156
82 088

Estimated living cost  is ₽37814 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9240
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
₽97785
₽89963
₽91392
₽101034
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
-
-
-
173 500
income
-
-
-
39 584
health
-
-
-
4 425
social contributions
-
-
-
12 680
total
-
-
-
56 689
Employee
60 263
60 263
163 724
-
health
599
1 025
2 783
-
income
6 328
5 579
38 814
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
48 343
-
Employer
60 263
60 263
163 724
-
health
653
1 115
3 029
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 775
-
Corporate
134 643
107 120
-
-
income
16 831
13 390
-
-
total
16 831
13 390
-
-
Dividends
117 812
93 730
-
-
withholding
20 029
15 934
-
-
total
20 029
15 934
-
-
Income
173 500
173 500
173 500
173 500
Total tax
50 296
47 047
58 118
56 689
After tax
123 204
126 453
115 382
116 811
Living cost
25 419
25 419
25 419
25 419
Free-cash
97 785
101 034
89 963
91 392

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
₽85598
₽68424
₽83905
₽81113
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
-
-
-
173 500
income
-
-
-
53 843
pensions
-
-
-
7 616
total
-
-
-
61 459
Employee
38 621
-
151 191
-
health
504
-
2 036
-
pensions
2 948
-
9 075
-
income
7 033
-
43 520
-
total
10 485
-
54 631
-
Employer
38 621
-
151 191
-
health
734
-
2 873
-
pensions
3 902
-
19 436
-
total
4 636
-
22 309
-
Corporate
130 243
173 500
-
-
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.

24 746
32 965
-
-
total
24 746
32 965
-
-
Dividends
105 497
140 535
-
-
withholding
19 899
31 286
-
-
total
19 899
31 286
-
-
Income
173 500
173 500
173 500
173 500
Total tax
59 766
64 251
76 940
61 459
After tax
113 734
109 249
96 560
112 041
Living cost
28 136
28 136
28 136
28 136
Free-cash
85 598
81 113
68 424
83 905

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
₽56603
₽43617
₽50055
₽60168
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
-
-
-
173 500
municipal
-
-
-
1 209
regional
-
-
-
4 210
social contributions
-
-
-
39 224
national
-
-
-
47 581
total
-
-
-
92 224
Employee
66 040
-
173 500
-
social contributions
22 268
-
51 424
-
regional
997
-
3 804
-
national
11 160
-
42 335
-
municipal
394
-
1 099
-
total
34 819
-
98 662
-
Employer
66 040
-
173 500
-
total
-
-
-
-
Corporate
107 460
173 500
-
-
nationa
25 790
41 639
-
-
municipal
5 180
8 363
-
-
total
30 970
50 002
-
-
Dividends
76 490
123 498
-
-
withholding
19 887
32 109
-
-
total
19 887
32 109
-
-
Income
173 500
173 500
173 500
173 500
Total tax
85 676
82 111
98 662
92 224
After tax
87 824
91 389
74 838
81 276
Living cost
31 221
31 221
31 221
31 221
Free-cash
56 603
60 168
43 617
50 055

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
₽11485
₽78886
₽101721
-₽2689
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
-
-
-
173 500
pensions
-
-
-
3 166
income
-
-
-
49 737
other
-
-
-
282
health
-
-
-
1 660
accident
-
-
-
192
total
-
-
-
55 037
Employee
26 337
-
158 582
-
health
3 016
-
18 158
-
pensions
2 966
-
5 806
-
income
3 613
-
38 991
-
total
9 595
-
62 955
-
Employer
26 337
-
158 582
-
pensions
4 283
-
8 384
-
accident
440
-
2 648
-
unemployment
645
-
3 885
-
total
5 368
-
14 917
-
Corporate
141 796
173 500
-
-
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.

127 616
156 150
-
-
total
127 616
156 150
-
-
Dividends
14 180
17 350
-
-
withholding
2 694
3 297
-
-
total
2 694
3 297
-
-
Income
173 500
173 500
173 500
173 500
Total tax
145 273
159 447
77 872
55 037
After tax
28 227
14 053
95 628
118 463
Living cost
16 742
16 742
16 742
16 742
Free-cash
11 485
-2 689
78 886
101 721

Estimated living cost  is ₽16742 per week

₽12271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽3195
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
₽69230
₽77161
₽57492
₽58976
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.

-
-
-
173 500
trade
-
-
-
19 669
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.

-
-
-
57 562
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.

-
-
-
3 166
total
-
-
-
85 751
Employee

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

38 994
-
173 500
-
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
-
57 562
-
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
-
3 166
-
total
8 737
-
66 082
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
134 506
173 500
-
-
income
20 176
26 025
-
-
trade
19 301
24 898
-
-
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.

1 109
1 431
-
-
chamber of commerce
317
373
-
-
total
40 903
52 727
-
-
Dividends
93 603
120 773
-
-
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.

1 270
1 645
-
-
withholding
23 103
29 895
-
-
total
24 373
31 540
-
-
Income
173 500
173 500
173 500
173 500
Total tax
74 013
84 267
66 082
85 751
After tax
99 487
89 233
107 418
87 749
Living cost
30 257
30 257
30 257
30 257
Free-cash
69 230
58 976
77 161
57 492

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
₽116068
₽58982
₽46615
₽122496
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.

-
-
-
173 500
income
-
-
-
36 312
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
-
-
-
44 242
total
-
-
-
110 581
Employee
22 900
-
136 035
-
income
4 076
-
30 751
-
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
-
-
19 725
-
total
6 595
-
60 750
-
Employer
22 900
-
136 035
-
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
-
-
14 964
-
total
5 516
-
37 464
-
Corporate
145 084
173 500
-
-
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%.

29 017
34 700
-
-
total
29 017
34 700
-
-
Dividends

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

116 066
138 800
-
-
total
-
-
-
-
Income
173 500
173 500
173 500
173 500
Total tax
41 128
34 700
98 214
110 581
After tax
132 372
138 800
75 286
62 919
Living cost
16 304
16 304
16 304
16 304
Free-cash
116 068
122 496
58 982
46 615

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
₽96920
₽96617
₽97311
₽98521
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
-
-
-
173 500
income
-
-
-
54 187
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
66 446
Employee
14 840
-
165 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
53 814
-
total
5 097
-
59 144
-
Employer
14 840
-
165 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
155 321
173 500
-
-
income
34 171
38 170
-
-
total
34 171
38 170
-
-
Dividends
121 150
135 330
-
-
withholding
24 230
27 066
-
-
total
24 230
27 066
-
-
Income
173 500
173 500
173 500
173 500
Total tax
66 837
65 236
67 140
66 446
After tax
106 663
108 264
106 360
107 054
Living cost
9 743
9 743
9 743
9 743
Free-cash
96 920
98 521
96 617
97 311

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
₽89034
₽59238
₽64033
₽91528
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
-
-
-
173 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
54 233
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
9 108
total
-
-
-
91 864
Employee
26 392
-
151 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
49 547
-
other
-
-
-
-
surtax
94
-
8 171
-
total
8 791
-
74 642
-
Employer
26 392
-
151 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
141 551
173 500
-
-
income
36 803
45 111
-
-
total
36 803
45 111
-
-
Dividends
104 748
128 389
-
-
withholding
15 713
19 258
-
-
total
15 713
19 258
-
-
Income
173 500
173 500
173 500
173 500
Total tax
66 863
64 369
96 659
91 864
After tax
106 637
109 131
76 841
81 636
Living cost
17 603
17 603
17 603
17 603
Free-cash
89 034
91 528
59 238
64 033

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
₽70351
₽20550
₽64079
₽70740
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
-
-
-
173 500
pensions
-
-
-
16 938
chamber of commerce
-