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
₽ 174000
per

Your estimated
City
free-cash

Valencia , Spain
₽90537
₽72406
₽75696
₽93998
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
-
-
-
174 000
unemployment
-
-
-
509
income
-
-
-
54 961
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
76 753
Employee
28 978
-
150 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
52 271
-
other
28
-
73
-
total
7 426
-
56 885
-
Employer
28 978
-
150 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
135 783
174 000
-
-
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.

20 368
26 099
-
-
total
20 368
26 099
-
-
Dividends
115 416
147 901
-
-
withholding
24 880
32 352
-
-
total
24 880
32 352
-
-
Income
174 000
174 000
174 000
174 000
Total tax
61 912
58 451
80 043
76 753
After tax
112 088
115 549
93 957
97 247
Living cost
21 551
21 551
21 551
21 551
Free-cash
90 537
93 998
72 406
75 696

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
₽101661
₽81860
₽83304
₽106955
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
-
-
-
174 000
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.

-
-
-
28 602
income
-
-
-
30 307
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
69 813
Employee
28 456
-
143 772
-
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
-
29 826
-
total
7 573
-
41 028
-
Employer
28 456
-
143 772
-
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
-
1 150
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 229
-
Corporate
138 373
174 000
-
-
income
29 059
36 540
-
-
total
29 059
36 540
-
-
Dividends
109 314
137 460
-
-
withholding
7 652
9 622
-
-
total
7 652
9 622
-
-
Income
174 000
174 000
174 000
174 000
Total tax
51 456
46 162
71 257
69 813
After tax
122 544
127 838
102 743
104 187
Living cost
20 883
20 883
20 883
20 883
Free-cash
101 661
106 955
81 860
83 304

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
₽134860
₽137536
₽130323
₽138500
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
-
-
-
174 000
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
-
-
-
26 100
health
-
-
-
3 147
total
-
-
-
33 406
Employee
13 600
-
168 632
-
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
-
16 863
-
total
3 330
-
20 826
-
Employer
13 600
-
168 632
-
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
157 732
174 000
-
-
income
15 773
17 400
-
-
total
15 773
17 400
-
-
Dividends
141 958
156 600
-
-
withholding
7 098
7 830
-
-
total
7 098
7 830
-
-
Income
174 000
174 000
174 000
174 000
Total tax
28 870
25 230
26 194
33 406
After tax
145 130
148 770
147 806
140 594
Living cost
10 270
10 270
10 270
10 270
Free-cash
134 860
138 500
137 536
130 323

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
₽65512
₽63649
₽68603
₽60884
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
-
-
-
174 000
income
-
-
-
32 153
other
-
-
-
5 394
health
-
-
-
8 479
social contributions
-
-
-
4 958
pensions
-
-
-
27 600
surtax
-
-
-
-
total
-
-
-
78 584
Employee
33 541
-
132 822
-
pensions
3 792
-
10 000
-
income
1 980
-
28 574
-
social contributions
956
-
3 785
-
surtax
-
-
-
-
total
6 728
-
42 359
-
Employer
33 541
-
132 822
-
health
2 348
-
13 194
-
social contributions
101
-
399
-
pensions
5 510
-
16 699
-
unemployment
1 358
-
5 379
-
other
1 157
-
5 508
-
total
10 474
-
41 179
-
Corporate
129 984
174 000
-
-
income
36 395
48 720
-
-
surtax
-
-
-
-
total
36 395
48 720
-
-
Dividends
93 589
125 280
-
-
social contributions
16 098
21 548
-
-
surtax
-
-
-
-
withholding
11 980
16 035
-
-
total
28 078
37 583
-
-
Income
174 000
174 000
174 000
174 000
Total tax
81 675
86 303
83 538
78 584
After tax
92 325
87 697
90 462
95 416
Living cost
26 813
26 813
26 813
26 813
Free-cash
65 512
60 884
63 649
68 603

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
₽49048
₽78454
₽60730
₽53851
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
-
-
-
174 000
pensions
-
-
-
9 182
income
-
-
-
61 593
health
-
-
-
9 664
total
-
-
-
80 439
Employee
66 925
66 925
159 436
-
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
29 304
-
total
33 274
28 874
48 150
-
Employer
66 925
66 925
159 436
-
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
96 176
95 355
-
-
income
19 236
19 071
-
-
total
19 236
19 071
-
-
Dividends
76 940
76 285
-
-
income
16 351
16 211
-
-
withholding
11 541
11 443
-
-
total
27 892
27 654
-
-
Income
174 000
174 000
174 000
174 000
Total tax
92 121
87 318
62 715
80 439
After tax
81 879
86 682
111 285
93 561
Living cost
32 831
32 831
32 831
32 831
Free-cash
49 048
53 851
78 454
60 730

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
₽72633
₽83960
₽62294
₽63963
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.

-
-
-
174 000
trade
-
-
-
21 666
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.

-
-
-
57 771
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.

-
-
-
3 177
total
-
-
-
87 968
Employee

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

29 975
-
174 000
-
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.

5 354
-
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
-
57 771
-
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
-
3 177
-
total
6 237
-
66 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
144 025
174 000
-
-
income
21 603
26 099
-
-
trade
22 683
27 405
-
-
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.

1 188
1 435
-
-
chamber of commerce
326
369
-
-
total
45 800
55 308
-
-
Dividends
98 224
118 691
-
-
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.

1 334
1 615
-
-
withholding
24 258
29 376
-
-
total
25 592
30 991
-
-
Income
174 000
174 000
174 000
174 000
Total tax
77 629
86 299
66 302
87 968
After tax
96 371
87 701
107 698
86 032
Living cost
23 738
23 738
23 738
23 738
Free-cash
72 633
63 963
83 960
62 294

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
₽104408
₽97551
₽98985
₽108671
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
-
-
-
174 000
income
-
-
-
39 754
health
-
-
-
4 436
social contributions
-
-
-
12 680
total
-
-
-
56 870
Employee
60 263
60 263
164 216
-
health
467
1 025
2 792
-
income
6 562
5 579
38 982
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
48 520
-
Employer
60 263
60 263
164 216
-
health
507
1 115
3 038
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
9 784
-
Corporate
143 762
107 620
-
-
income
17 970
13 452
-
-
total
17 970
13 452
-
-
Dividends
125 792
94 168
-
-
withholding
21 385
16 009
-
-
total
21 385
16 009
-
-
Income
174 000
174 000
174 000
174 000
Total tax
51 447
47 184
58 304
56 870
After tax
122 553
126 816
115 696
117 130
Living cost
18 145
18 145
18 145
18 145
Free-cash
104 408
108 671
97 551
98 985

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
₽73601
₽52792
₽66296
₽74389
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.

-
-
-
174 000
income
-
-
-
22 657
social contributions

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

-
-
-
60 465
surtax
-
-
-
-
total
-
-
-
83 122
Employee
36 044
-
140 606
-
income
7 497
-
47 610
-
social contributions
3 965
-
15 467
-
surtax
-
-
155
-
total
11 462
-
63 232
-
Employer
36 044
-
140 606
-
social contributions
8 560
-
33 394
-
total
8 560
-
33 394
-
Corporate
129 395
174 000
-
-
income
27 173
36 540
-
-
surtax
-
-
-
-
total
27 173
36 540
-
-
Dividends
102 222
137 460
-
-
withholding
28 622
38 489
-
-
total
28 622
38 489
-
-
Income
174 000
174 000
174 000
174 000
Total tax
75 817
75 029
96 626
83 122
After tax
98 183
98 971
77 374
90 878
Living cost
24 582
24 582
24 582
24 582
Free-cash
73 601
74 389
52 792
66 296

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
₽158088
₽133126
₽166186
₽159226
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%.

-
-
-
174 000
microenterprise

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

-
-
-
1 740
total
-
-
-
1 740
Employee
7 592
-
174 000
-
income
1 518
-
34 800
-
total
1 518
-
34 800
-
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%.

166 408
174 000
-
-
total
-
-
-
-
Dividends
166 408
174 000
-
-
withholding
8 320
8 700
-
-
total
8 320
8 700
-
-
Income
174 000
174 000
174 000
174 000
Total tax
9 838
8 700
34 800
1 740
After tax
164 162
165 300
139 200
172 260
Living cost
6 074
6 074
6 074
6 074
Free-cash
158 088
159 226
133 126
166 186

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
₽92222
₽56228
₽60006
₽98778
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.

-
-
-
174 000
pensions
-
-
-
31 776
unemployment
-
-
-
260
income
-
-
-
43 816
health
-
-
-
17 121
total
-
-
-
92 973
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
-
150 558
-
health
2 238
-
9 725
-
unemployment
49
-
211
-
pensions
5 372
-
23 336
-
income
5 976
-
40 037
-
total
13 635
-
73 309
-
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
-
150 558
-
health
2 308
-
10 027
-
pensions
3 067
-
13 324
-
unemployment
21
-
91
-
total
5 396
-
23 442
-
Corporate
133 949
174 000
-
-
income
25 451
33 060
-
-
total
25 451
33 060
-
-
Dividends
108 498
140 940
-
-
withholding
16 275
21 141
-
-
total
16 275
21 141
-
-
Income
174 000
174 000
174 000
174 000
Total tax
60 757
54 201
96 751
92 973
After tax
113 243
119 799
77 249
81 027
Living cost
21 021
21 021
21 021
21 021
Free-cash
92 222
98 778
56 228
60 006

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
₽83250
₽93074
₽114497
₽80510
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.

-
-
-
174 000
income
-
-
-
26 099
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
-
-
-
31 054
Employee
35 952
-
170 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
45 267
-
total
7 503
-
48 872
-
Employer
35 952
-
170 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
134 446
174 000
-
-
income
47 056
60 901
-
-
total
47 056
60 901
-
-
Dividends
87 390
113 099
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
174 000
174 000
174 000
174 000
Total tax
62 301
65 041
52 477
31 054
After tax
111 699
108 959
121 523
142 946
Living cost
28 449
28 449
28 449
28 449
Free-cash
83 250
80 510
93 074
114 497

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
₽89943
₽90482
₽95127
₽89538
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
-
-
-
174 000
income
-
-
-
26 099
health
-
-
-
12 145
social contributions
-
-
-
24 011
total
-
-
-
62 255
Employee
26 572
-
174 000
-
health
1 855
-
12 145
-
income
4 432
-
30 744
-
social contributions
3 668
-
24 011
-
total
9 955
-
66 900
-
Employer
26 572
-
174 000
-
total
-
-
-
-
Corporate
147 428
174 000
-
-
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%.

7 371
8 700
-
-
total
7 371
8 700
-
-
Dividends
140 057
165 300
-
-
social contributions
19 328
22 811
-
-
withholding
21 009
24 795
-
-
health
9 776
11 538
-
-
total
50 113
59 144
-
-
Income
174 000
174 000
174 000
174 000
Total tax
67 439
67 844
66 900
62 255
After tax
106 561
106 156
107 100
111 745
Living cost
16 618
16 618
16 618
16 618
Free-cash
89 943
89 538
90 482
95 127

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
₽90037
₽73886
₽81621
₽97862
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
-
-
-
174 000
income
-
-
-
18 734
health
-
-
-
23 490
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
2 601
total
-
-
-
70 442
Employee
32 261
-
139 512
-
health
4 355
-
18 834
-
solidarity contribution
-
-
1 907
-
income
3 871
-
17 246
-
social contributions
2 097
-
5 702
-
total
10 323
-
43 689
-
Employer
32 261
-
139 512
-
health
2 903
-
12 556
-
social contributions
8 065
-
21 932
-
total
10 968
-
34 488
-
Corporate
130 771
174 000
-
-
income
24 846
33 060
-
-
total
24 846
33 060
-
-
Dividends
105 924
140 940
-
-
withholding
15 889
21 141
-
-
total
15 889
21 141
-
-
Income
174 000
174 000
174 000
174 000
Total tax
62 026
54 201
78 177
70 442
After tax
111 974
119 799
95 823
103 558
Living cost
21 937
21 937
21 937
21 937
Free-cash
90 037
97 862
73 886
81 621

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
₽154061
₽129735
₽162795
₽155835
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%.

-
-
-
174 000
microenterprise

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

-
-
-
1 740
total
-
-
-
1 740
Employee
11 832
-
174 000
-
income
2 366
-
34 800
-
total
2 366
-
34 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

162 168
174 000
-
-
total
-
-
-
-
Dividends
162 168
174 000
-
-
withholding
8 108
8 700
-
-
total
8 108
8 700
-
-
Income
174 000
174 000
174 000
174 000
Total tax
10 474
8 700
34 800
1 740
After tax
163 526
165 300
139 200
172 260
Living cost
9 465
9 465
9 465
9 465
Free-cash
154 061
155 835
129 735
162 795

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
₽55232
₽52610
₽57564
₽49845
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
-
-
-
174 000
income
-
-
-
32 153
other
-
-
-
5 394
health
-
-
-
8 479
social contributions
-
-
-
4 958
pensions
-
-
-
27 600
surtax
-
-
-
-
total
-
-
-
78 584
Employee
49 085
-
132 822
-
pensions
5 552
-
10 000
-
income
4 283
-
28 574
-
social contributions
1 398
-
3 785
-
surtax
-
-
-
-
total
11 233
-
42 359
-
Employer
49 085
-
132 822
-
health
3 435
-
13 194
-
social contributions
147
-
399
-
pensions
8 065
-
16 699
-
unemployment
1 988
-
5 379
-
other
1 694
-
5 508
-
total
15 329
-
41 179
-
Corporate
109 585
174 000
-
-
income
30 683
48 720
-
-
surtax
-
-
-
-
total
30 683
48 720
-
-
Dividends
78 902
125 280
-
-
social contributions
13 571
21 548
-
-
surtax
-
-
-
-
withholding
10 100
16 035
-
-
total
23 671
37 583
-
-
Income
174 000
174 000
174 000
174 000
Total tax
80 916
86 303
83 538
78 584
After tax
93 084
87 697
90 462
95 416
Living cost
37 852
37 852
37 852
37 852
Free-cash
55 232
49 845
52 610
57 564

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
₽108358
₽98425
₽98425
₽112203
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.

-
-
-
174 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
40 236
health
-
-
-
5 948
total
-
-
-
62 063
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
-
163 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
40 236
-
total
6 864
-
51 727
-
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
-
163 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
149 977
174 000
-
-
income
22 497
26 100
-
-
total
22 497
26 100
-
-
Dividends
127 481
147 900
-
-
withholding
19 122
22 185
-
-
total
19 122
22 185
-
-
Income
174 000
174 000
174 000
174 000
Total tax
52 130
48 285
62 063
62 063
After tax
121 870
125 715
111 937
111 937
Living cost
13 512
13 512
13 512
13 512
Free-cash
108 358
112 203
98 425
98 425

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
₽49079
₽78095
₽83386
₽26276
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
-
-
-
174 000
pensions
-
-
-
16 008
city
-
-
-
1 834
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.

-
-
-
3 480
health
-
-
-
391
regional
-
-
-
10 268
national
-
-
-
5 344
total
-
-
-
37 325
Employee
62 361
-
157 031
-
health
141
-
353
-
unemployment
-
-
-
-
city
669
-
1 704
-
pensions
5 239
-
11 747
-
regional
2 042
-
9 188
-
national
295
-
4 383
-
total
8 386
-
27 375
-
Employer
62 361
-
157 031
-
health
141
-
353
-
pensions
5 239
-
11 747
-
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
-
3 141
-
total
6 627
-
15 241
-
Corporate
104 326
174 000
-
-
regional
22 065
36 802
-
-
national
8 867
14 790
-
-
total
30 932
51 592
-
-
Dividends
73 393
122 409
-
-
withholding
25 687
42 843
-
-
total
25 687
42 843
-
-
Income
174 000
174 000
174 000
174 000
Total tax
71 632
94 435
42 616
37 325
After tax
102 368
79 565
131 384
136 675
Living cost
53 289
53 289
53 289
53 289
Free-cash
49 079
26 276
78 095
83 386

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
₽79130
₽56987
₽76914
₽76709
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

-
-
-
174 000
municipal
-
-
-
30 897
health
-
-
-
2 353
national
-
-
-
33 747
total
-
-
-
66 997
Employee
41 232
-
146 378
-
health
308
-
1 927
-
unemployment
619
-
2 195
-
pensions
2 783
-
9 881
-
national
681
-
21 473
-
municipal
6 754
-
23 827
-
total
11 145
-
59 303
-
Employer
41 232
-
146 378
-
health
317
-
1 127
-
pensions
7 154
-
25 396
-
accident
42
-
146
-
unemployment
268
-
952
-
total
7 781
-
27 621
-
Corporate
124 988
174 000
-
-
income
24 997
34 800
-
-
total
24 997
34 800
-
-
Dividends

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

74 993
104 400
-
-
municipal
13 498
18 793
-
-
national
7 360
13 609
-
-
total
20 858
32 402
-
-
Income
174 000
174 000
174 000
174 000
Total tax
64 781
67 202
86 924
66 997
After tax
109 219
106 798
87 076
107 003
Living cost
30 089
30 089
30 089
30 089
Free-cash
79 130
76 709
56 987
76 914

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
₽56911
₽30679
₽47094
₽67039
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
-
-
-
174 000
communal

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

-
-
-
9 267
social contributions
-
-
-
19 539
national
-
-
-
69 525
total
-
-
-
98 331
Employee

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

56 059
-
134 768
-
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
-
6 334
-
communal

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

2 924
-
7 029
-
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
-
1 172
-
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
-
10 107
-
national
17 235
-
50 872
-
total
27 485
-
75 514
-
Employer

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

56 059
-
134 768
-
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
-
8 288
-
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
-
11 941
-
surtax
6 356
-
15 283
-
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
-
1 752
-
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
-
1 968
-
total
16 317
-
39 232
-
Corporate
101 623
174 000
-
-
income
20 324
37 075
-
-
surtax
406
742
-
-
total
20 730
37 817
-
-
Dividends
80 893
136 183
-
-
withholding

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

23 982
40 569
-
-
total
23 982
40 569
-
-
Income
174 000
174 000
174 000
174 000
Total tax
88 514
78 386
114 746
98 331
After tax
85 486
95 614
59 254
75 669
Living cost
28 575
28 575
28 575
28 575
Free-cash
56 911
67 039
30 679
47 094

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
₽60228
₽53038
₽53864
₽60992
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
-
-
-
174 000
unemployment
-
-
-
75
municipal
-
-
-
45 447
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
19 081
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
86 123
Employee
48 465
-
150 578
-
national
-
-
18 625
-
municipal
14 452
-
44 903
-
total
14 452
-
63 528
-
Employer
48 465
-
150 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
110 308
174 000
-
-
income
24 268
38 280
-
-
total
24 268
38 280
-
-
Dividends
86 040
135 720
-
-
withholding
25 812
40 716
-
-
total
25 812
40 716
-
-
Income
174 000
174 000
174 000
174 000
Total tax
79 760
78 996
86 949
86 123
After tax
94 240
95 004
87 051
87 877
Living cost
34 012
34 012
34 012
34 012
Free-cash
60 228
60 992
53 038
53 864

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽26229
₽124574
₽82371
₽67985
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
-
-
-
174 000
income
-
-
-
33 916
social contributions
-
-
-
19 836
total
-
-
-
53 752
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
43 112
174 000
-
-
income
9 485
38 280
-
-
total
9 485
38 280
-
-
Dividends
33 628
135 720
-
-
income
7 398
29 858
-
-
total
7 398
29 858
-
-
Income
174 000
174 000
174 000
174 000
Total tax
109 894
68 138
11 549
53 752
After tax
64 106
105 862
162 451
120 248
Living cost
37 877
37 877
37 877
37 877
Free-cash
26 229
67 985
124 574
82 371

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽98149
₽90277
₽91711
₽101397
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
-
-
-
174 000
income
-
-
-
39 754
health
-
-
-
4 436
social contributions
-
-
-
12 680
total
-
-
-
56 870
Employee
60 263
60 263
164 216
-
health
599
1 025
2 792
-
income
6 328
5 579
38 982
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
48 520
-
Employer
60 263
60 263
164 216
-
health
653
1 115
3 038
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
9 784
-
Corporate
135 143
107 620
-
-
income
16 893
13 452
-
-
total
16 893
13 452
-
-
Dividends
118 250
94 168
-
-
withholding
20 103
16 009
-
-
total
20 103
16 009
-
-
Income
174 000
174 000
174 000
174 000
Total tax
50 432
47 184
58 304
56 870
After tax
123 568
126 816
115 696
117 130
Living cost
25 419
25 419
25 419
25 419
Free-cash
98 149
101 397
90 277
91 711

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
₽85873
₽68673
₽84200
₽81388
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
-
-
-
174 000
income
-
-
-
54 038
pensions
-
-
-
7 626
total
-
-
-
61 664
Employee
38 621
-
151 623
-
health
504
-
2 041
-
pensions
2 948
-
9 084
-
income
7 033
-
43 689
-
total
10 485
-
54 814
-
Employer
38 621
-
151 623
-
health
734
-
2 881
-
pensions
3 902
-
19 496
-
total
4 636
-
22 377
-
Corporate
130 743
174 000
-
-
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.

24 841
33 060
-
-
total
24 841
33 060
-
-
Dividends
105 902
140 940
-
-
withholding
20 029
31 416
-
-
total
20 029
31 416
-
-
Income
174 000
174 000
174 000
174 000
Total tax
59 991
64 476
77 191
61 664
After tax
114 009
109 524
96 809
112 336
Living cost
28 136
28 136
28 136
28 136
Free-cash
85 873
81 388
68 673
84 200

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
₽56866
₽43881
₽50318
₽60432
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
-
-
-
174 000
municipal
-
-
-
1 214
regional
-
-
-
4 226
social contributions
-
-
-
39 224
national
-
-
-
47 797
total
-
-
-
92 461
Employee
66 040
-
174 000
-
social contributions
22 268
-
51 424
-
regional
997
-
3 820
-
national
11 160
-
42 550
-
municipal
394
-
1 104
-
total
34 819
-
98 898
-
Employer
66 040
-
174 000
-
total
-
-
-
-
Corporate
107 960
174 000
-
-
nationa
25 911
41 760
-
-
municipal
5 204
8 386
-
-
total
31 115
50 146
-
-
Dividends
76 846
123 854
-
-
withholding
19 979
32 201
-
-
total
19 979
32 201
-
-
Income
174 000
174 000
174 000
174 000
Total tax
85 913
82 347
98 898
92 461
After tax
88 087
91 653
75 102
81 539
Living cost
31 221
31 221
31 221
31 221
Free-cash
56 866
60 432
43 881
50 318

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
₽11525
₽79183
₽102066
-₽2643
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
-
-
-
174 000
pensions
-
-
-
3 165
income
-
-
-
49 899
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
55 197
Employee
26 328
-
159 065
-
health
3 015
-
18 213
-
pensions
2 965
-
5 804
-
income
3 612
-
39 129
-
total
9 592
-
63 146
-
Employer
26 328
-
159 065
-
pensions
4 281
-
8 381
-
accident
440
-
2 656
-
unemployment
645
-
3 897
-
total
5 366
-
14 934
-
Corporate
142 307
174 000
-
-
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.

128 076
156 600
-
-
total
128 076
156 600
-
-
Dividends
14 231
17 400
-
-
withholding
2 704
3 306
-
-
total
2 704
3 306
-
-
Income
174 000
174 000
174 000
174 000
Total tax
145 738
159 906
78 080
55 197
After tax
28 262
14 094
95 920
118 803
Living cost
16 737
16 737
16 737
16 737
Free-cash
11 525
-2 643
79 183
102 066

Estimated living cost  is ₽16737 per week

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

Additional information

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

Berlin , Germany
₽69484
₽77441
₽57701
₽59233
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.

-
-
-
174 000
trade
-
-
-
19 740
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.

-
-
-
57 771
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.

-
-
-
3 177
total
-
-
-
86 042
Employee

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

38 994
-
174 000
-
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.

5 354
-
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
-
57 771
-
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
-
3 177
-
total
8 737
-
66 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
135 006
174 000
-
-
income
20 252
26 099
-
-
trade
19 373
24 969
-
-
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.

1 114
1 435
-
-
chamber of commerce
317
375
-
-
total
41 056
52 878
-
-
Dividends
93 951
121 122
-
-
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.

1 276
1 649
-
-
withholding
23 190
29 983
-
-
total
24 466
31 632
-
-
Income
174 000
174 000
174 000
174 000
Total tax
74 259
84 510
66 302
86 042
After tax
99 741
89 490
107 698
87 958
Living cost
30 257
30 257
30 257
30 257
Free-cash
69 484
59 233
77 441
57 701

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
₽116468
₽59224
₽46829
₽122896
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.

-
-
-
174 000
income
-
-
-
36 470
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
-
-
-
44 370
total
-
-
-
110 867
Employee
22 900
-
136 486
-
income
4 076
-
30 893
-
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
-
-
19 791
-
total
6 595
-
60 958
-
Employer
22 900
-
136 486
-
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
-
-
15 014
-
total
5 516
-
37 514
-
Corporate
145 584
174 000
-
-
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%.

29 117
34 800
-
-
total
29 117
34 800
-
-
Dividends

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

116 467
139 200
-
-
total
-
-
-
-
Income
174 000
174 000
174 000
174 000
Total tax
41 228
34 800
98 472
110 867
After tax
132 772
139 200
75 528
63 133
Living cost
16 304
16 304
16 304
16 304
Free-cash
116 468
122 896
59 224
46 829

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
₽97232
₽96942
₽97636
₽98833
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
-
-
-
174 000
income
-
-
-
54 362
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
66 621
Employee
14 840
-
166 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
53 989
-
total
5 097
-
59 319
-
Employer
14 840
-
166 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
155 821
174 000
-
-
income
34 281
38 280
-
-
total
34 281
38 280
-
-
Dividends
121 541
135 720
-
-
withholding
24 308
27 144
-
-
total
24 308
27 144
-
-
Income
174 000
174 000
174 000
174 000
Total tax
67 025
65 424
67 315
66 621
After tax
106 975
108 576
106 685
107 379
Living cost
9 743
9 743
9 743
9 743
Free-cash
97 232
98 833
96 942
97 636

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
₽89348
₽59469
₽64261
₽91842
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
-
-
-
174 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
54 459
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
9 154
total
-
-
-
92 136
Employee
26 392
-
151 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
49 772
-
other
-
-
-
-
surtax
94
-
8 215
-
total
8 791
-
74 911
-
Employer
26 392
-
151 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
142 051
174 000
-
-
income
36 934
45 240
-
-
total
36 934
45 240
-
-
Dividends
105 117
128 760
-
-
withholding
15 768
19 315
-
-
total
15 768
19 315
-
-
Income
174 000
174 000
174 000
174 000
Total tax
67 049
64 555
96 928
92 136
After tax
106 951
109 445
77 072
81 864
Living cost
17 603
17 603
17 603
17 603
Free-cash
89 348
91 842
59 469
64 261

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
₽70623
₽20677
₽64328
₽71010
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
-
-
-
174 000
pensions
-
-
-
16 938
chamber of commerce
-