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
₽ 175500
per

Your estimated
City
free-cash

Valencia , Spain
₽91630
₽73343
₽76614
₽95075
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
-
-
-
175 500
unemployment
-
-
-
506
income
-
-
-
55 748
other
-
-
-
73
accident
-
-
-
651
pensions
-
-
-
20 459
total
-
-
-
77 437
Employee
28 840
-
152 453
-
unemployment
447
-
1 120
-
pensions
1 356
-
3 398
-
income
5 560
-
53 070
-
other
28
-
73
-
total
7 391
-
57 661
-
Employer
28 840
-
152 453
-
pensions
6 806
-
17 062
-
accident
571
-
1 431
-
unemployment
1 587
-
3 976
-
other
231
-
579
-
total
9 195
-
23 048
-
Corporate
137 465
175 500
-
-
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.

20 620
26 325
-
-
total
20 620
26 325
-
-
Dividends
116 845
149 175
-
-
withholding
25 216
32 652
-
-
total
25 216
32 652
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 422
58 977
80 709
77 437
After tax
113 078
116 523
94 791
98 063
Living cost
21 448
21 448
21 448
21 448
Free-cash
91 630
95 075
73 343
76 614

Estimated living cost  is ₽21448 per week

₽14477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽4534
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
₽102888
₽83202
₽84655
₽108158
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
-
-
-
175 500
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.

-
-
-
28 466
income
-
-
-
30 744
other
-
-
-
5 633
health
-
-
-
5 219
total
-
-
-
70 062
Employee
28 320
-
145 397
-
health
397
-
1 661
-
unemployment
283
-
1 186
-
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.

1 982
-
8 302
-
income
4 876
-
30 262
-
total
7 538
-
41 411
-
Employer
28 320
-
145 397
-
health
397
-
1 661
-
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.

4 815
-
20 164
-
accident
226
-
1 163
-
unemployment
283
-
1 186
-
other
1 417
-
5 930
-
total
7 138
-
30 104
-
Corporate
140 043
175 500
-
-
income
29 409
36 854
-
-
total
29 409
36 854
-
-
Dividends
110 633
138 646
-
-
withholding
7 744
9 705
-
-
total
7 744
9 705
-
-
Income
175 500
175 500
175 500
175 500
Total tax
51 829
46 559
71 515
70 062
After tax
123 671
128 941
103 985
105 438
Living cost
20 783
20 783
20 783
20 783
Free-cash
102 888
108 158
83 202
84 655

Estimated living cost  is ₽20783 per week

₽14685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
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.
₽4361
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
₽136200
₽138965
₽131671
₽139824
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
-
-
-
175 500
pensions

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

-
-
-
4 033
unemployment
-
-
-
109
income
-
-
-
26 325
health
-
-
-
3 134
total
-
-
-
33 601
Employee
13 543
-
170 154
-
health
623
-
1 253
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
pensions

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

1 189
-
2 393
-
income
1 354
-
17 015
-
total
3 315
-
20 961
-
Employer
13 543
-
170 154
-
health
935
-
1 880
-
pensions

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

1 493
-
3 003
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
unemployment
81
-
163
-
total
2 658
-
5 346
-
Corporate
159 299
175 500
-
-
income
15 930
17 550
-
-
total
15 930
17 550
-
-
Dividends
143 369
157 950
-
-
withholding
7 169
7 898
-
-
total
7 169
7 898
-
-
Income
175 500
175 500
175 500
175 500
Total tax
29 072
25 448
26 307
33 601
After tax
146 428
150 052
149 193
141 899
Living cost
10 228
10 228
10 228
10 228
Free-cash
136 200
139 824
138 965
131 671

Estimated living cost  is ₽10228 per week

₽5971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3255
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
₽66372
₽64204
₽69348
₽61765
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
-
-
-
175 500
income
-
-
-
32 754
other
-
-
-
5 441
health
-
-
-
8 610
social contributions
-
-
-
5 000
pensions
-
-
-
27 661
surtax
-
-
-
-
total
-
-
-
79 466
Employee
33 382
-
133 865
-
pensions
3 774
-
10 123
-
income
1 970
-
29 037
-
social contributions
952
-
3 814
-
surtax
-
-
-
-
total
6 696
-
42 974
-
Employer
33 382
-
133 865
-
health
2 337
-
13 349
-
social contributions
101
-
401
-
pensions
5 484
-
16 895
-
unemployment
1 351
-
5 422
-
other
1 152
-
5 569
-
total
10 425
-
41 636
-
Corporate
131 693
175 500
-
-
income
36 874
49 140
-
-
surtax
-
-
-
-
total
36 874
49 140
-
-
Dividends
94 820
126 360
-
-
social contributions
16 310
21 735
-
-
surtax
-
-
-
-
withholding
12 137
16 174
-
-
total
28 447
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
82 442
87 049
84 610
79 466
After tax
93 058
88 451
90 890
96 034
Living cost
26 686
26 686
26 686
26 686
Free-cash
66 372
61 765
64 204
69 348

Estimated living cost  is ₽26686 per week

₽16826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
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
₽50005
₽79567
₽61565
₽54783
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
-
-
-
175 500
pensions
-
-
-
9 138
income
-
-
-
62 505
health
-
-
-
9 618
total
-
-
-
81 261
Employee
66 607
66 607
161 005
-
health
10 223
8 696
9 618
-
pensions
11 989
9 138
9 138
-
income

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

10 902
10 902
30 008
-
total
33 114
28 736
48 764
-
Employer
66 607
66 607
161 005
-
health
4 630
4 630
5 753
-
pensions
4 636
4 636
5 762
-
unemployment
2 398
2 398
2 980
-
total
11 664
11 664
14 495
-
Corporate
98 046
97 229
-
-
income
19 609
19 446
-
-
total
19 609
19 446
-
-
Dividends
78 437
77 783
-
-
income
16 668
16 529
-
-
withholding
11 766
11 668
-
-
total
28 434
28 197
-
-
Income
175 500
175 500
175 500
175 500
Total tax
92 821
88 043
63 259
81 261
After tax
82 679
87 457
112 241
94 239
Living cost
32 674
32 674
32 674
32 674
Free-cash
50 005
54 783
79 567
61 565

Estimated living cost  is ₽32674 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6054
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
₽73457
₽84855
₽62925
₽64827
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.

-
-
-
175 500
trade
-
-
-
21 930
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.

-
-
-
58 475
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.

-
-
-
5 329
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.

-
-
-
3 216
total
-
-
-
88 950
Employee

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

29 833
-
175 500
-
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.

5 329
-
5 329
-
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.

833
-
58 475
-
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
-
3 216
-
total
6 208
-
67 020
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
145 667
175 500
-
-
income
21 850
26 325
-
-
trade
22 942
27 642
-
-
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.

1 202
1 448
-
-
chamber of commerce
327
370
-
-
total
46 321
55 785
-
-
Dividends
99 346
119 716
-
-
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.

1 350
1 630
-
-
withholding
24 539
29 633
-
-
total
25 889
31 263
-
-
Income
175 500
175 500
175 500
175 500
Total tax
78 418
87 048
67 020
88 950
After tax
97 082
88 452
108 480
86 550
Living cost
23 625
23 625
23 625
23 625
Free-cash
73 457
64 827
84 855
62 925

Estimated living cost  is ₽23625 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
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
₽105599
₽98547
₽99986
₽109844
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
-
-
-
175 500
income
-
-
-
40 359
health
-
-
-
4 476
social contributions
-
-
-
12 620
total
-
-
-
57 455
Employee
59 977
59 977
165 721
-
health
465
1 020
2 817
-
income
6 530
5 552
39 584
-
social contributions
2 268
4 978
6 714
-
total
9 263
11 550
49 115
-
Employer
59 977
59 977
165 721
-
health
505
1 110
3 065
-
social contributions
2 268
4 978
6 714
-
total
2 773
6 088
9 779
-
Corporate
145 406
109 436
-
-
income
18 176
13 680
-
-
total
18 176
13 680
-
-
Dividends
127 230
95 756
-
-
withholding
21 630
16 279
-
-
total
21 630
16 279
-
-
Income
175 500
175 500
175 500
175 500
Total tax
51 842
47 597
58 894
57 455
After tax
123 658
127 903
116 606
118 045
Living cost
18 059
18 059
18 059
18 059
Free-cash
105 599
109 844
98 547
99 986

Estimated living cost  is ₽18059 per week

₽10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
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.
₽5065
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
₽74574
₽53372
₽67078
₽75359
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.

-
-
-
175 500
income
-
-
-
22 970
social contributions

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

-
-
-
60 987
surtax
-
-
-
-
total
-
-
-
83 957
Employee
35 873
-
141 818
-
income
7 462
-
48 187
-
social contributions
3 946
-
15 599
-
surtax
-
-
195
-
total
11 408
-
63 981
-
Employer
35 873
-
141 818
-
social contributions
8 520
-
33 682
-
total
8 520
-
33 682
-
Corporate
131 107
175 500
-
-
income
27 532
36 854
-
-
surtax
-
-
-
-
total
27 532
36 854
-
-
Dividends
103 575
138 646
-
-
withholding
29 001
38 822
-
-
total
29 001
38 822
-
-
Income
175 500
175 500
175 500
175 500
Total tax
76 461
75 676
97 663
83 957
After tax
99 039
99 824
77 837
91 543
Living cost
24 465
24 465
24 465
24 465
Free-cash
74 574
75 359
53 372
67 078

Estimated living cost  is ₽24465 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
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.
₽4309
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
₽159815
₽134581
₽167926
₽160906
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%.

-
-
-
175 500
microenterprise

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

-
-
-
1 755
total
-
-
-
1 755
Employee
7 274
-
175 500
-
income
1 455
-
35 100
-
total
1 455
-
35 100
-
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%.

168 226
175 500
-
-
total
-
-
-
-
Dividends
168 226
175 500
-
-
withholding
8 411
8 775
-
-
total
8 411
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
9 866
8 775
35 100
1 755
After tax
165 634
166 725
140 400
173 745
Living cost
5 819
5 819
5 819
5 819
Free-cash
159 815
160 906
134 581
167 926

Estimated living cost  is ₽5819 per week

₽3606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1569
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
₽93387
₽56744
₽60555
₽99911
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.

-
-
-
175 500
pensions
-
-
-
32 051
unemployment
-
-
-
263
income
-
-
-
44 441
health
-
-
-
17 269
total
-
-
-
94 024
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.

34 491
-
151 855
-
health
2 228
-
9 810
-
unemployment
49
-
213
-
pensions
5 346
-
23 537
-
income
5 948
-
40 629
-
total
13 571
-
74 189
-
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.

34 491
-
151 855
-
health
2 297
-
10 114
-
pensions
3 052
-
13 440
-
unemployment
21
-
92
-
total
5 370
-
23 646
-
Corporate
135 639
175 500
-
-
income
25 771
33 345
-
-
total
25 771
33 345
-
-
Dividends
109 868
142 155
-
-
withholding
16 480
21 323
-
-
total
16 480
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
61 192
54 668
97 835
94 024
After tax
114 308
120 832
77 665
81 476
Living cost
20 921
20 921
20 921
20 921
Free-cash
93 387
99 911
56 744
60 555

Estimated living cost  is ₽20921 per week

₽14358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽4818
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
₽84366
₽94145
₽115883
₽81641
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.

-
-
-
175 500
income
-
-
-
26 325
health

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

-
-
-
4 979
total
-
-
-
31 304
Employee
35 781
-
171 912
-
social contributions
3 585
-
3 588
-
income
3 882
-
45 866
-
total
7 467
-
49 454
-
Employer
35 781
-
171 912
-
social contributions
3 585
-
3 588
-
total
3 585
-
3 588
-
Corporate
136 134
175 500
-
-
income
47 648
61 425
-
-
total
47 648
61 425
-
-
Dividends
88 487
114 075
-
-
social contributions
4 121
4 121
-
-
total
4 121
4 121
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 821
65 546
53 042
31 304
After tax
112 679
109 954
122 458
144 196
Living cost
28 313
28 313
28 313
28 313
Free-cash
84 366
81 641
94 145
115 883

Estimated living cost  is ₽28313 per week

₽18650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽6997
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
₽90936
₽91429
₽96168
₽90533
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
-
-
-
175 500
income
-
-
-
26 325
health
-
-
-
12 250
social contributions
-
-
-
24 218
total
-
-
-
62 793
Employee
26 446
-
175 500
-
health
1 846
-
12 250
-
income
4 411
-
31 064
-
social contributions
3 650
-
24 218
-
total
9 907
-
67 532
-
Employer
26 446
-
175 500
-
total
-
-
-
-
Corporate
149 054
175 500
-
-
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%.

7 453
8 774
-
-
total
7 453
8 774
-
-
Dividends
141 602
166 726
-
-
social contributions
19 541
23 008
-
-
withholding
21 240
25 009
-
-
health
9 884
11 637
-
-
total
50 665
59 654
-
-
Income
175 500
175 500
175 500
175 500
Total tax
68 025
68 428
67 532
62 793
After tax
107 475
107 072
107 968
112 707
Living cost
16 539
16 539
16 539
16 539
Free-cash
90 936
90 533
91 429
96 168

Estimated living cost  is ₽16539 per week

₽11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1020
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.
₽4069
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
₽91192
₽74952
₽82779
₽98985
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
-
-
-
175 500
income
-
-
-
18 944
health
-
-
-
23 693
social contributions
-
-
-
25 512
solidarity contribution
-
-
-
2 725
total
-
-
-
70 874
Employee
32 129
-
140 970
-
health
4 337
-
19 031
-
solidarity contribution
-
-
2 022
-
income
3 855
-
17 439
-
social contributions
2 088
-
5 679
-
total
10 280
-
44 171
-
Employer
32 129
-
140 970
-
health
2 892
-
12 687
-
social contributions
8 032
-
21 843
-
total
10 924
-
34 530
-
Corporate
132 448
175 500
-
-
income
25 165
33 345
-
-
total
25 165
33 345
-
-
Dividends
107 283
142 155
-
-
withholding
16 092
21 323
-
-
total
16 092
21 323
-
-
Income
175 500
175 500
175 500
175 500
Total tax
62 461
54 668
78 701
70 874
After tax
113 039
120 832
96 799
104 626
Living cost
21 847
21 847
21 847
21 847
Free-cash
91 192
98 985
74 952
82 779

Estimated living cost  is ₽21847 per week

₽16247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽155957
₽131332
₽164677
₽157657
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%.

-
-
-
175 500
microenterprise

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

-
-
-
1 755
total
-
-
-
1 755
Employee
11 335
-
175 500
-
income
2 267
-
35 100
-
total
2 267
-
35 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

164 165
175 500
-
-
total
-
-
-
-
Dividends
164 165
175 500
-
-
withholding
8 208
8 775
-
-
total
8 208
8 775
-
-
Income
175 500
175 500
175 500
175 500
Total tax
10 475
8 775
35 100
1 755
After tax
165 025
166 725
140 400
173 745
Living cost
9 068
9 068
9 068
9 068
Free-cash
155 957
157 657
131 332
164 677

Estimated living cost  is ₽9068 per week

₽6136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2247
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
₽56141
₽53218
₽58362
₽50779
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
-
-
-
175 500
income
-
-
-
32 754
other
-
-
-
5 441
health
-
-
-
8 610
social contributions
-
-
-
5 000
pensions
-
-
-
27 661
surtax
-
-
-
-
total
-
-
-
79 466
Employee
48 852
-
133 865
-
pensions
5 525
-
10 123
-
income
4 262
-
29 037
-
social contributions
1 391
-
3 814
-
surtax
-
-
-
-
total
11 178
-
42 974
-
Employer
48 852
-
133 865
-
health
3 419
-
13 349
-
social contributions
147
-
401
-
pensions
8 027
-
16 895
-
unemployment
1 979
-
5 422
-
other
1 686
-
5 569
-
total
15 258
-
41 636
-
Corporate
111 391
175 500
-
-
income
31 190
49 140
-
-
surtax
-
-
-
-
total
31 190
49 140
-
-
Dividends
80 201
126 360
-
-
social contributions
13 795
21 735
-
-
surtax
-
-
-
-
withholding
10 266
16 174
-
-
total
24 061
37 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
81 687
87 049
84 610
79 466
After tax
93 813
88 451
90 890
96 034
Living cost
37 672
37 672
37 672
37 672
Free-cash
56 141
50 779
53 218
58 362

Estimated living cost  is ₽37672 per week

₽25496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
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.
₽8577
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
₽109533
₽99719
₽99718
₽113358
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.

-
-
-
175 500
pensions
-
-
-
14 934
unemployment
-
-
-
862
income
-
-
-
40 629
health
-
-
-
5 916
total
-
-
-
62 341
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.

20 268
-
165 219
-
health
1 044
-
2 958
-
unemployment
152
-
431
-
pensions
2 837
-
8 041
-
income
2 794
-
40 629
-
total
6 827
-
52 059
-
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.

20 268
-
165 219
-
health
1 044
-
2 958
-
pensions
2 432
-
6 892
-
unemployment
152
-
431
-
total
3 628
-
10 281
-
Corporate
151 604
175 500
-
-
income
22 741
26 325
-
-
total
22 741
26 325
-
-
Dividends
128 864
149 175
-
-
withholding
19 330
22 376
-
-
total
19 330
22 376
-
-
Income
175 500
175 500
175 500
175 500
Total tax
52 526
48 701
62 340
62 341
After tax
122 974
126 799
113 160
113 159
Living cost
13 441
13 441
13 441
13 441
Free-cash
109 533
113 358
99 719
99 718

Estimated living cost  is ₽13441 per week

₽9050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
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.
₽2962
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
₽49594
₽78915
₽84230
₽26669
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
-
-
-
175 500
pensions
-
-
-
16 146
city
-
-
-
1 850
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.

-
-
-
3 509
health
-
-
-
395
regional
-
-
-
10 371
national
-
-
-
5 415
total
-
-
-
37 686
Employee
62 707
-
158 396
-
health
142
-
356
-
unemployment
-
-
-
-
city
673
-
1 719
-
pensions
5 268
-
11 837
-
regional
2 053
-
9 280
-
national
297
-
4 448
-
total
8 433
-
27 640
-
Employer
62 707
-
158 396
-
health
142
-
356
-
pensions
5 268
-
11 837
-
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.

1 254
-
3 168
-
total
6 664
-
15 361
-
Corporate
105 440
175 500
-
-
regional
22 300
37 118
-
-
national
8 962
14 917
-
-
total
31 262
52 035
-
-
Dividends
74 177
123 465
-
-
withholding
25 963
43 212
-
-
total
25 963
43 212
-
-
Income
175 500
175 500
175 500
175 500
Total tax
72 322
95 247
43 001
37 686
After tax
103 178
80 253
132 499
137 814
Living cost
53 584
53 584
53 584
53 584
Free-cash
49 594
26 669
78 915
84 230

Estimated living cost  is ₽53584 per week

₽34845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
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.
₽13272
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
₽80070
₽57611
₽77713
₽77660
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

-
-
-
175 500
municipal
-
-
-
31 162
health
-
-
-
2 377
national
-
-
-
34 303
total
-
-
-
67 842
Employee
41 036
-
147 641
-
health
306
-
1 948
-
unemployment
616
-
2 214
-
pensions
2 769
-
9 966
-
national
678
-
21 924
-
municipal
6 721
-
24 032
-
total
11 090
-
60 084
-
Employer
41 036
-
147 641
-
health
315
-
1 137
-
pensions
7 120
-
25 616
-
accident
41
-
148
-
unemployment
266
-
959
-
total
7 742
-
27 860
-
Corporate
126 721
175 500
-
-
income
25 345
35 100
-
-
total
25 345
35 100
-
-
Dividends

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

76 032
105 300
-
-
municipal
13 686
18 953
-
-
national
7 622
13 842
-
-
total
21 308
32 795
-
-
Income
175 500
175 500
175 500
175 500
Total tax
65 485
67 895
87 944
67 842
After tax
110 015
107 605
87 556
107 658
Living cost
29 945
29 945
29 945
29 945
Free-cash
80 070
77 660
57 611
77 713

Estimated living cost  is ₽29945 per week

₽19560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7029
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
₽57936
₽31222
₽47894
₽67866
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
-
-
-
175 500
communal

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

-
-
-
9 363
social contributions
-
-
-
19 446
national
-
-
-
70 358
total
-
-
-
99 167
Employee

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

55 792
-
135 930
-
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.

2 621
-
6 388
-
communal

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

2 910
-
7 090
-
unemployment

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

485
-
1 183
-
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.

4 184
-
10 195
-
national
17 153
-
51 413
-
total
27 353
-
76 269
-
Employer

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

55 792
-
135 930
-
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.

3 431
-
8 360
-
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.

4 944
-
12 044
-
surtax
6 326
-
15 414
-
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.

725
-
1 767
-
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.

814
-
1 985
-
total
16 240
-
39 570
-
Corporate
103 467
175 500
-
-
income
20 694
37 574
-
-
surtax
414
752
-
-
total
21 108
38 326
-
-
Dividends
82 359
137 174
-
-
withholding

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

24 424
40 869
-
-
total
24 424
40 869
-
-
Income
175 500
175 500
175 500
175 500
Total tax
89 125
79 195
115 839
99 167
After tax
86 375
96 305
59 661
76 333
Living cost
28 439
28 439
28 439
28 439
Free-cash
57 936
67 866
31 222
47 894

Estimated living cost  is ₽28439 per week

₽18318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽7189
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
₽61434
₽54002
₽54816
₽62189
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
-
-
-
175 500
unemployment
-
-
-
74
municipal
-
-
-
45 966
other
-
-
-
8 566
health
-
-
-
4 600
national
-
-
-
19 728
accident
-
-
-
147
pensions
-
-
-
7 969
total
-
-
-
87 050
Employee
47 926
-
152 339
-
national
-
-
19 276
-
municipal
14 292
-
45 427
-
total
14 292
-
64 703
-
Employer
47 926
-
152 339
-
health
2 947
-
4 533
-
pensions
5 181
-
7 969
-
accident
96
-
147
-
unemployment
1 265
-
1 946
-
other
5 569
-
8 566
-
total
15 058
-
23 161
-
Corporate
112 516
175 500
-
-
income
24 753
38 610
-
-
total
24 753
38 610
-
-
Dividends
87 762
136 890
-
-
withholding
26 329
41 067
-
-
total
26 329
41 067
-
-
Income
175 500
175 500
175 500
175 500
Total tax
80 432
79 677
87 864
87 050
After tax
95 068
95 823
87 636
88 450
Living cost
33 634
33 634
33 634
33 634
Free-cash
61 434
62 189
54 002
54 816

Estimated living cost  is ₽33634 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7532
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
₽28824
₽127119
₽84208
₽69697
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
-
-
-
175 500
income
-
-
-
34 208
social contributions
-
-
-
20 007
total
-
-
-
54 215
Employee
53 163
-
-
-
income
11 727
-
-
-
social contributions
4 359
-
621
-
total
16 086
-
621
-
Employer
53 163
-
-
-
social contributions
74 960
-
10 683
-
total
74 960
-
10 683
-
Corporate
47 377
175 500
-
-
income
10 423
38 610
-
-
total
10 423
38 610
-
-
Dividends
36 954
136 890
-
-
income
8 130
30 116
-
-
total
8 130
30 116
-
-
Income
175 500
175 500
175 500
175 500
Total tax
109 599
68 726
11 304
54 215
After tax
65 901
106 774
164 196
121 285
Living cost
37 077
37 077
37 077
37 077
Free-cash
28 824
69 697
127 119
84 208

Estimated living cost  is ₽37077 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9060
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
₽99371
₽91307
₽92746
₽102604
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
-
-
-
175 500
income
-
-
-
40 359
health
-
-
-
4 476
social contributions
-
-
-
12 620
total
-
-
-
57 455
Employee
59 977
59 977
165 721
-
health
597
1 020
2 817
-
income
6 298
5 552
39 584
-
social contributions
2 914
4 978
6 714
-
total
9 809
11 550
49 115
-
Employer
59 977
59 977
165 721
-
health
650
1 110
3 065
-
social contributions
2 914
4 978
6 714
-
total
3 564
6 088
9 779
-
Corporate
136 828
109 436
-
-
income
17 103
13 680
-
-
total
17 103
13 680
-
-
Dividends
119 725
95 756
-
-
withholding
20 354
16 279
-
-
total
20 354
16 279
-
-
Income
175 500
175 500
175 500
175 500
Total tax
50 830
47 597
58 894
57 455
After tax
124 670
127 903
116 606
118 045
Living cost
25 299
25 299
25 299
25 299
Free-cash
99 371
102 604
91 307
92 746

Estimated living cost  is ₽25299 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5604
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
₽86730
₽69506
₽85156
₽82263
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
-
-
-
175 500
income
-
-
-
54 685
pensions
-
-
-
7 639
total
-
-
-
62 324
Employee
38 461
-
152 915
-
health
502
-
2 052
-
pensions
2 936
-
9 084
-
income
7 004
-
44 252
-
total
10 442
-
55 388
-
Employer
38 461
-
152 915
-
health
731
-
2 906
-
pensions
3 886
-
19 680
-
total
4 617
-
22 586
-
Corporate
132 422
175 500
-
-
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.

25 160
33 346
-
-
total
25 160
33 346
-
-
Dividends
107 262
142 154
-
-
withholding
20 531
31 871
-
-
total
20 531
31 871
-
-
Income
175 500
175 500
175 500
175 500
Total tax
60 750
65 217
77 974
62 324
After tax
114 750
110 283
97 526
113 176
Living cost
28 020
28 020
28 020
28 020
Free-cash
86 730
82 263
69 506
85 156

Estimated living cost  is ₽28020 per week

₽19221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5869
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
₽57823
₽44903
₽51307
₽61371
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
-
-
-
175 500
municipal
-
-
-
1 229
regional
-
-
-
4 284
social contributions
-
-
-
39 038
national
-
-
-
48 570
total
-
-
-
93 121
Employee
65 726
-
175 500
-
social contributions
22 162
-
51 179
-
regional
992
-
3 879
-
national
11 107
-
43 348
-
municipal
392
-
1 119
-
total
34 653
-
99 525
-
Employer
65 726
-
175 500
-
total
-
-
-
-
Corporate
109 774
175 500
-
-
nationa
26 345
42 119
-
-
municipal
5 292
8 459
-
-
total
31 637
50 578
-
-
Dividends
78 137
124 922
-
-
withholding
20 315
32 479
-
-
total
20 315
32 479
-
-
Income
175 500
175 500
175 500
175 500
Total tax
86 605
83 057
99 525
93 121
After tax
88 895
92 443
75 975
82 379
Living cost
31 072
31 072
31 072
31 072
Free-cash
57 823
61 371
44 903
51 307

Estimated living cost  is ₽31072 per week

₽21826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6638
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
₽11632
₽79920
₽102989
-₽2621
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
-
-
-
175 500
pensions
-
-
-
3 184
income
-
-
-
50 344
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
55 674
Employee
26 486
-
160 458
-
health
3 033
-
18 372
-
pensions
2 982
-
5 839
-
income
3 634
-
39 489
-
total
9 649
-
63 700
-
Employer
26 486
-
160 458
-
pensions
4 307
-
8 432
-
accident
442
-
2 680
-
unemployment
649
-
3 931
-
total
5 398
-
15 043
-
Corporate
143 616
175 500
-
-
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.

129 255
157 950
-
-
total
129 255
157 950
-
-
Dividends
14 361
17 550
-
-
withholding
2 729
3 334
-
-
total
2 729
3 334
-
-
Income
175 500
175 500
175 500
175 500
Total tax
147 031
161 284
78 743
55 674
After tax
28 469
14 216
96 757
119 826
Living cost
16 837
16 837
16 837
16 837
Free-cash
11 632
-2 621
79 920
102 989

Estimated living cost  is ₽16837 per week

₽12340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3213
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
₽70349
₽78367
₽58386
₽60144
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.

-
-
-
175 500
trade
-
-
-
19 981
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.

-
-
-
58 475
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.

-
-
-
5 329
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.

-
-
-
3 216
total
-
-
-
87 001
Employee

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

38 809
-
175 500
-
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.

5 329
-
5 329
-
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.

3 191
-
58 475
-
surtax

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

176
-
3 216
-
total
8 696
-
67 020
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
136 691
175 500
-
-
income
20 503
26 325
-
-
trade
19 615
25 185
-
-
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.

1 128
1 448
-
-
chamber of commerce
318
376
-
-
total
41 564
53 334
-
-
Dividends
95 127
122 167
-
-
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.

1 292
1 664
-
-
withholding
23 486
30 245
-
-
total
24 778
31 909
-
-
Income
175 500
175 500
175 500
175 500
Total tax
75 038
85 243
67 020
87 001
After tax
100 462
90 257
108 480
88 499
Living cost
30 113
30 113
30 113
30 113
Free-cash
70 349
60 144
78 367
58 386

Estimated living cost  is ₽30113 per week

₽20772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽5663
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
₽117776
₽60078
₽47610
₽124173
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.

-
-
-
175 500
income
-
-
-
37 027
microenterprise
-
-
-
-
social contributions

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

-
-
-
29 884
surtax
-
-
-
44 752
total
-
-
-
111 663
Employee
22 791
-
137 934
-
income
4 057
-
31 404
-
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.

2 507
-
10 225
-
surtax
-
-
20 000
-
total
6 564
-
61 629
-
Employer
22 791
-
137 934
-
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.

5 490
-
22 393
-
surtax
-
-
15 173
-
total
5 490
-
37 566
-
Corporate
147 219
175 500
-
-
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%.

29 443
35 100
-
-
total
29 443
35 100
-
-
Dividends

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

117 776
140 400
-
-
total
-
-
-
-
Income
175 500
175 500
175 500
175 500
Total tax
41 497
35 100
99 195
111 663
After tax
134 003
140 400
76 305
63 837
Living cost
16 227
16 227
16 227
16 227
Free-cash
117 776
124 173
60 078
47 610

Estimated living cost  is ₽16227 per week

₽10352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
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.
₽3961
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
₽98010
₽97692
₽98394
₽99633
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
-
-
-
175 500
income
-
-
-
54 796
health
-
-
-
5 225
pensions
-
-
-
7 206
total
-
-
-
67 227
Employee
15 047
-
167 393
-
health
752
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
54 417
-
total
5 168
-
59 822
-
Employer
15 047
-
167 393
-
health
1 430
-
3 423
-
pensions
1 655
-
3 963
-
unemployment
301
-
721
-
total
3 386
-
8 107
-
Corporate
157 067
175 500
-
-
income
34 555
38 610
-
-
total
34 555
38 610
-
-
Dividends
122 512
136 890
-
-
withholding
24 502
27 378
-
-
total
24 502
27 378
-
-
Income
175 500
175 500
175 500
175 500
Total tax
67 611
65 988
67 929
67 227
After tax
107 889
109 512
107 571
108 273
Living cost
9 879
9 879
9 879
9 879
Free-cash
98 010
99 633
97 692
98 394

Estimated living cost  is ₽9879 per week

₽5871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2981
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
₽90388
₽60258
₽65027
₽92871
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
-
-
-
175 500
pensions
-
-
-
20 820
unemployment
-
-
-
178
income
-
-
-
55 247
other
-
-
-
-
health
-
-
-
7 390
surtax
-
-
-
9 319
total
-
-
-
92 954
Employee
26 267
-
153 588
-
health
671
-
2 654
-
unemployment
1 828
-
7 245
-
pensions
1 753
-
6 943
-
income
4 403
-
50 583
-
other
-
-
-
-
surtax
93
-
8 387
-
total
8 748
-
75 812
-
Employer
26 267
-
153 588
-
health
1 194
-
4 736
-
pensions
3 502
-
13 876
-
unemployment
833
-
3 299
-
other
-
-
-
-
total
5 529
-
21 911
-
Corporate
143 703
175 500
-
-
income
37 364
45 630
-
-
total
37 364
45 630
-
-
Dividends
106 340
129 870
-
-
withholding
15 952
19 480
-
-
total
15 952
19 480
-
-
Income
175 500
175 500
175 500
175 500
Total tax
67 593
65 110
97 723
92 954
After tax
107 907
110 390
77 777
82 546
Living cost
17 519
17 519
17 519
17 519
Free-cash
90 388
92 871
60 258
65 027

Estimated living cost  is ₽17519 per week

₽10577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5013
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
₽71553
₽21164
₽65177
₽71942
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
-
-
-
175 500
pensions
-
-
-
16 857
chamber of commerce
-