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
₽ 187500
per

Your estimated
City
free-cash

Valencia , Spain
₽99372
₽79831
₽83120
₽102834
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
-
-
-
187 500
unemployment
-
-
-
509
income
-
-
-
61 037
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
82 829
Employee
28 978
-
164 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
58 346
-
other
28
-
73
-
total
7 426
-
62 960
-
Employer
28 978
-
164 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
149 283
187 500
-
-
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.

22 393
28 125
-
-
total
22 393
28 125
-
-
Dividends
126 890
159 375
-
-
withholding
27 520
34 990
-
-
total
27 520
34 990
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 577
63 115
86 118
82 829
After tax
120 923
124 385
101 382
104 671
Living cost
21 551
21 551
21 551
21 551
Free-cash
99 372
102 834
79 831
83 120

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
₽111580
₽91905
₽93428
₽116874
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
-
-
-
187 500
pensions

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

-
-
-
28 602
income
-
-
-
33 683
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
73 189
Employee
28 456
-
157 165
-
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
-
33 174
-
total
7 573
-
44 376
-
Employer
28 456
-
157 165
-
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
-
1 257
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 336
-
Corporate
151 873
187 500
-
-
income
31 894
39 374
-
-
total
31 894
39 374
-
-
Dividends
119 979
148 126
-
-
withholding
8 398
10 369
-
-
total
8 398
10 369
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 037
49 743
74 712
73 189
After tax
132 463
137 757
112 788
114 311
Living cost
20 883
20 883
20 883
20 883
Free-cash
111 580
116 874
91 905
93 428

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
₽146402
₽149686
₽141798
₽150042
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
-
-
-
187 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
28 125
health
-
-
-
3 147
total
-
-
-
35 431
Employee
13 600
-
182 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
18 213
-
total
3 330
-
22 176
-
Employer
13 600
-
182 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
171 232
187 500
-
-
income
17 123
18 750
-
-
total
17 123
18 750
-
-
Dividends
154 109
168 750
-
-
withholding
7 705
8 437
-
-
total
7 705
8 437
-
-
Income
187 500
187 500
187 500
187 500
Total tax
30 827
27 187
27 544
35 431
After tax
156 673
160 313
159 956
152 069
Living cost
10 270
10 270
10 270
10 270
Free-cash
146 402
150 042
149 686
141 798

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
₽72317
₽68615
₽74820
₽67686
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
-
-
-
187 500
income
-
-
-
36 521
other
-
-
-
5 812
health
-
-
-
9 472
social contributions
-
-
-
5 342
pensions
-
-
-
28 720
surtax
-
-
-
-
total
-
-
-
85 867
Employee
33 541
-
142 529
-
pensions
3 792
-
10 982
-
income
1 980
-
32 057
-
social contributions
956
-
4 062
-
surtax
-
-
-
-
total
6 728
-
47 101
-
Employer
33 541
-
142 529
-
health
2 348
-
14 457
-
social contributions
101
-
428
-
pensions
5 510
-
18 298
-
unemployment
1 358
-
5 772
-
other
1 157
-
6 016
-
total
10 474
-
44 971
-
Corporate
143 484
187 500
-
-
income
40 176
52 501
-
-
surtax
-
-
-
-
total
40 176
52 501
-
-
Dividends
103 308
134 999
-
-
social contributions
17 769
23 220
-
-
surtax
-
-
-
-
withholding
13 223
17 280
-
-
total
30 992
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
88 370
93 001
92 072
85 867
After tax
99 130
94 499
95 428
101 633
Living cost
26 813
26 813
26 813
26 813
Free-cash
72 317
67 686
68 615
74 820

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
₽55936
₽87064
₽67243
₽60736
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
-
-
-
187 500
pensions
-
-
-
9 182
income
-
-
-
68 580
health
-
-
-
9 664
total
-
-
-
87 426
Employee
66 925
66 925
172 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
34 194
-
total
33 274
28 874
53 040
-
Employer
66 925
66 925
172 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
109 676
108 855
-
-
income
21 935
21 772
-
-
total
21 935
21 772
-
-
Dividends
87 741
87 084
-
-
income
18 645
18 506
-
-
withholding
13 160
13 062
-
-
total
31 805
31 568
-
-
Income
187 500
187 500
187 500
187 500
Total tax
98 733
93 933
67 605
87 426
After tax
88 767
93 567
119 895
100 074
Living cost
32 831
32 831
32 831
32 831
Free-cash
55 936
60 736
87 064
67 243

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
₽79419
₽91477
₽67684
₽70748
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.

-
-
-
187 500
trade
-
-
-
23 793
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.

-
-
-
63 442
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.

-
-
-
3 489
total
-
-
-
96 078
Employee

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

29 975
-
187 500
-
health

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

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

5 354
-
5 354
-
income

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

837
-
63 442
-
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
-
3 489
-
total
6 237
-
72 285
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
157 525
187 500
-
-
income
23 629
28 125
-
-
trade
24 810
29 532
-
-
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.

1 300
1 547
-
-
chamber of commerce
345
388
-
-
total
50 084
59 592
-
-
Dividends
107 441
127 908
-
-
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.

1 460
1 743
-
-
withholding
26 562
31 679
-
-
total
28 022
33 422
-
-
Income
187 500
187 500
187 500
187 500
Total tax
84 343
93 014
72 285
96 078
After tax
103 157
94 486
115 215
91 422
Living cost
23 738
23 738
23 738
23 738
Free-cash
79 419
70 748
91 477
67 684

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
₽114212
₽106018
₽107536
₽118476
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
-
-
-
187 500
income
-
-
-
44 358
health
-
-
-
4 781
social contributions
-
-
-
12 680
total
-
-
-
61 819
Employee
60 263
60 263
177 470
-
health
467
1 025
3 018
-
income
6 562
5 579
43 543
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
53 307
-
Employer
60 263
60 263
177 470
-
health
507
1 115
3 284
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 030
-
Corporate
157 262
121 120
-
-
income
19 658
15 140
-
-
total
19 658
15 140
-
-
Dividends
137 604
105 980
-
-
withholding
23 393
18 016
-
-
total
23 393
18 016
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 143
50 879
63 337
61 819
After tax
132 357
136 621
124 163
125 681
Living cost
18 145
18 145
18 145
18 145
Free-cash
114 212
118 476
106 018
107 536

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
₽81280
₽57598
₽72659
₽82068
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.

-
-
-
187 500
income
-
-
-
25 102
social contributions

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

-
-
-
65 157
surtax
-
-
-
-
total
-
-
-
90 259
Employee
36 044
-
151 515
-
income
7 497
-
52 271
-
social contributions
3 965
-
16 667
-
surtax
-
-
397
-
total
11 462
-
69 335
-
Employer
36 044
-
151 515
-
social contributions
8 560
-
35 985
-
total
8 560
-
35 985
-
Corporate
142 895
187 500
-
-
income
30 008
39 374
-
-
surtax
-
-
-
-
total
30 008
39 374
-
-
Dividends
112 887
148 126
-
-
withholding
31 608
41 476
-
-
total
31 608
41 476
-
-
Income
187 500
187 500
187 500
187 500
Total tax
81 638
80 850
105 320
90 259
After tax
105 862
106 650
82 180
97 241
Living cost
24 582
24 582
24 582
24 582
Free-cash
81 280
82 068
57 598
72 659

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
₽170913
₽143926
₽179551
₽172051
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%.

-
-
-
187 500
microenterprise

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

-
-
-
1 875
total
-
-
-
1 875
Employee
7 592
-
187 500
-
income
1 518
-
37 500
-
total
1 518
-
37 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

179 908
187 500
-
-
total
-
-
-
-
Dividends
179 908
187 500
-
-
withholding
8 995
9 375
-
-
total
8 995
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
10 513
9 375
37 500
1 875
After tax
176 987
178 125
150 000
185 625
Living cost
6 074
6 074
6 074
6 074
Free-cash
170 913
172 051
143 926
179 551

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
₽101518
₽60774
₽64847
₽108073
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.

-
-
-
187 500
pensions
-
-
-
34 242
unemployment
-
-
-
281
income
-
-
-
48 658
health
-
-
-
18 451
total
-
-
-
101 632
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
-
162 241
-
health
2 238
-
10 481
-
unemployment
49
-
228
-
pensions
5 372
-
25 148
-
income
5 976
-
44 588
-
total
13 635
-
80 445
-
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
-
162 241
-
health
2 308
-
10 805
-
pensions
3 067
-
14 358
-
unemployment
21
-
97
-
total
5 396
-
25 260
-
Corporate
147 449
187 500
-
-
income
28 015
35 625
-
-
total
28 015
35 625
-
-
Dividends
119 434
151 875
-
-
withholding
17 915
22 781
-
-
total
17 915
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
64 961
58 406
105 705
101 632
After tax
122 539
129 094
81 795
85 868
Living cost
21 021
21 021
21 021
21 021
Free-cash
101 518
108 073
60 774
64 847

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
₽92025
₽101849
₽125971
₽89286
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.

-
-
-
187 500
income
-
-
-
28 125
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
-
-
-
33 080
Employee
35 952
-
183 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
49 992
-
total
7 503
-
53 597
-
Employer
35 952
-
183 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
147 946
187 500
-
-
income
51 781
65 625
-
-
total
51 781
65 625
-
-
Dividends
96 165
121 875
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
187 500
187 500
187 500
187 500
Total tax
67 026
69 765
57 202
33 080
After tax
120 474
117 735
130 298
154 420
Living cost
28 449
28 449
28 449
28 449
Free-cash
92 025
89 286
101 849
125 971

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
₽98180
₽98474
₽103794
₽97775
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
-
-
-
187 500
income
-
-
-
28 125
health
-
-
-
13 088
social contributions
-
-
-
25 875
total
-
-
-
67 088
Employee
26 572
-
187 500
-
health
1 855
-
13 088
-
income
4 432
-
33 445
-
social contributions
3 668
-
25 875
-
total
9 955
-
72 408
-
Employer
26 572
-
187 500
-
total
-
-
-
-
Corporate
160 928
187 500
-
-
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%.

8 046
9 375
-
-
total
8 046
9 375
-
-
Dividends
152 882
178 125
-
-
social contributions
21 098
24 581
-
-
withholding
22 932
26 718
-
-
health
10 671
12 433
-
-
total
54 701
63 732
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 702
73 107
72 408
67 088
After tax
114 798
114 393
115 092
120 412
Living cost
16 618
16 618
16 618
16 618
Free-cash
98 180
97 775
98 474
103 794

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
₽99332
₽82242
₽90729
₽107157
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
-
-
-
187 500
income
-
-
-
20 486
health
-
-
-
25 312
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
3 419
total
-
-
-
74 834
Employee
32 261
-
151 897
-
health
4 355
-
20 506
-
solidarity contribution
-
-
2 657
-
income
3 871
-
18 853
-
social contributions
2 097
-
5 702
-
total
10 323
-
47 718
-
Employer
32 261
-
151 897
-
health
2 903
-
13 671
-
social contributions
8 065
-
21 932
-
total
10 968
-
35 603
-
Corporate
144 271
187 500
-
-
income
27 411
35 625
-
-
total
27 411
35 625
-
-
Dividends
116 859
151 875
-
-
withholding
17 529
22 781
-
-
total
17 529
22 781
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 231
58 406
83 321
74 834
After tax
121 269
129 094
104 179
112 666
Living cost
21 937
21 937
21 937
21 937
Free-cash
99 332
107 157
82 242
90 729

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
₽166886
₽140535
₽176160
₽168660
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%.

-
-
-
187 500
microenterprise

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

-
-
-
1 875
total
-
-
-
1 875
Employee
11 832
-
187 500
-
income
2 366
-
37 500
-
total
2 366
-
37 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

175 668
187 500
-
-
total
-
-
-
-
Dividends
175 668
187 500
-
-
withholding
8 783
9 375
-
-
total
8 783
9 375
-
-
Income
187 500
187 500
187 500
187 500
Total tax
11 149
9 375
37 500
1 875
After tax
176 351
178 125
150 000
185 625
Living cost
9 465
9 465
9 465
9 465
Free-cash
166 886
168 660
140 535
176 160

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
₽62036
₽57576
₽63781
₽56647
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
-
-
-
187 500
income
-
-
-
36 521
other
-
-
-
5 812
health
-
-
-
9 472
social contributions
-
-
-
5 342
pensions
-
-
-
28 720
surtax
-
-
-
-
total
-
-
-
85 867
Employee
49 085
-
142 529
-
pensions
5 552
-
10 982
-
income
4 283
-
32 057
-
social contributions
1 398
-
4 062
-
surtax
-
-
-
-
total
11 233
-
47 101
-
Employer
49 085
-
142 529
-
health
3 435
-
14 457
-
social contributions
147
-
428
-
pensions
8 065
-
18 298
-
unemployment
1 988
-
5 772
-
other
1 694
-
6 016
-
total
15 329
-
44 971
-
Corporate
123 085
187 500
-
-
income
34 464
52 501
-
-
surtax
-
-
-
-
total
34 464
52 501
-
-
Dividends
88 621
134 999
-
-
social contributions
15 243
23 220
-
-
surtax
-
-
-
-
withholding
11 343
17 280
-
-
total
26 586
40 500
-
-
Income
187 500
187 500
187 500
187 500
Total tax
87 612
93 001
92 072
85 867
After tax
99 888
94 499
95 428
101 633
Living cost
37 852
37 852
37 852
37 852
Free-cash
62 036
56 647
57 576
63 781

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
₽118112
₽108550
₽108550
₽121957
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.

-
-
-
187 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
43 611
health
-
-
-
5 948
total
-
-
-
65 438
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
-
177 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
43 611
-
total
6 864
-
55 102
-
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
-
177 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
163 477
187 500
-
-
income
24 522
28 125
-
-
total
24 522
28 125
-
-
Dividends
138 956
159 375
-
-
withholding
20 843
23 906
-
-
total
20 843
23 906
-
-
Income
187 500
187 500
187 500
187 500
Total tax
55 876
52 031
65 438
65 438
After tax
131 624
135 469
122 062
122 062
Living cost
13 512
13 512
13 512
13 512
Free-cash
118 112
121 957
108 550
108 550

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
₽55251
₽87736
₽92956
₽32449
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
-
-
-
187 500
pensions
-
-
-
17 250
city
-
-
-
1 976
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.

-
-
-
3 750
health
-
-
-
422
regional
-
-
-
11 462
national
-
-
-
6 395
total
-
-
-
41 255
Employee
62 361
-
169 505
-
health
141
-
382
-
unemployment
-
-
-
-
city
669
-
1 844
-
pensions
5 239
-
12 359
-
regional
2 042
-
10 346
-
national
295
-
5 413
-
total
8 386
-
30 344
-
Employer
62 361
-
169 505
-
health
141
-
382
-
pensions
5 239
-
12 359
-
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
-
3 390
-
total
6 627
-
16 131
-
Corporate
117 826
187 500
-
-
regional
24 920
39 657
-
-
national
10 016
15 938
-
-
total
34 936
55 595
-
-
Dividends
82 890
131 905
-
-
withholding
29 011
46 167
-
-
total
29 011
46 167
-
-
Income
187 500
187 500
187 500
187 500
Total tax
78 960
101 762
46 475
41 255
After tax
108 540
85 738
141 025
146 245
Living cost
53 289
53 289
53 289
53 289
Free-cash
55 251
32 449
87 736
92 956

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
₽86748
₽62183
₽83660
₽84330
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

-
-
-
187 500
municipal
-
-
-
33 289
health
-
-
-
2 561
national
-
-
-
37 901
total
-
-
-
73 751
Employee
41 232
-
157 736
-
health
308
-
2 101
-
unemployment
619
-
2 366
-
pensions
2 783
-
10 647
-
national
681
-
24 676
-
municipal
6 754
-
25 673
-
total
11 145
-
65 463
-
Employer
41 232
-
157 736
-
health
317
-
1 215
-
pensions
7 154
-
27 367
-
accident
42
-
158
-
unemployment
268
-
1 025
-
total
7 781
-
29 765
-
Corporate
138 488
187 500
-
-
income
27 698
37 500
-
-
total
27 698
37 500
-
-
Dividends

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

83 092
112 500
-
-
municipal
14 957
20 250
-
-
national
9 082
15 331
-
-
total
24 039
35 581
-
-
Income
187 500
187 500
187 500
187 500
Total tax
70 663
73 081
95 228
73 751
After tax
116 837
114 419
92 272
113 749
Living cost
30 089
30 089
30 089
30 089
Free-cash
86 748
84 330
62 183
83 660

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
₽64431
₽34679
₽53033
₽73695
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
-
-
-
187 500
communal

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

-
-
-
10 077
social contributions
-
-
-
19 539
national
-
-
-
76 276
total
-
-
-
105 892
Employee

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

56 059
-
145 223
-
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
-
6 825
-
communal

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

2 924
-
7 574
-
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
-
1 264
-
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
-
10 891
-
national
17 235
-
55 416
-
total
27 485
-
81 970
-
Employer

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

56 059
-
145 223
-
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
-
8 932
-
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
-
12 866
-
surtax
6 356
-
16 470
-
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
-
1 887
-
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
-
2 121
-
total
16 317
-
42 276
-
Corporate
115 123
187 500
-
-
income
23 025
40 990
-
-
surtax
461
819
-
-
total
23 486
41 809
-
-
Dividends
91 637
145 691
-
-
withholding

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

27 206
43 421
-
-
total
27 206
43 421
-
-
Income
187 500
187 500
187 500
187 500
Total tax
94 494
85 230
124 246
105 892
After tax
93 006
102 270
63 254
81 608
Living cost
28 575
28 575
28 575
28 575
Free-cash
64 431
73 695
34 679
53 033

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
₽67598
₽59139
₽59964
₽68363
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
-
-
-
187 500
unemployment
-
-
-
75
municipal
-
-
-
49 473
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
22 456
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
93 524
Employee
48 465
-
164 078
-
national
-
-
22 000
-
municipal
14 452
-
48 928
-
total
14 452
-
70 928
-
Employer
48 465
-
164 078
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
123 808
187 500
-
-
income
27 238
41 250
-
-
total
27 238
41 250
-
-
Dividends
96 570
146 250
-
-
withholding
28 971
43 875
-
-
total
28 971
43 875
-
-
Income
187 500
187 500
187 500
187 500
Total tax
85 889
85 125
94 349
93 524
After tax
101 611
102 375
93 151
93 976
Living cost
34 012
34 012
34 012
34 012
Free-cash
67 598
68 363
59 139
59 964

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
₽34442
₽138074
₽91700
₽76198
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
-
-
-
187 500
income
-
-
-
36 548
social contributions
-
-
-
21 375
total
-
-
-
57 923
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
56 612
187 500
-
-
income
12 455
41 250
-
-
total
12 455
41 250
-
-
Dividends
44 157
146 250
-
-
income
9 715
32 175
-
-
total
9 715
32 175
-
-
Income
187 500
187 500
187 500
187 500
Total tax
115 181
73 425
11 549
57 923
After tax
72 319
114 075
175 951
129 577
Living cost
37 877
37 877
37 877
37 877
Free-cash
34 442
76 198
138 074
91 700

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
₽107954
₽98744
₽100262
₽111202
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
-
-
-
187 500
income
-
-
-
44 358
health
-
-
-
4 781
social contributions
-
-
-
12 680
total
-
-
-
61 819
Employee
60 263
60 263
177 470
-
health
599
1 025
3 018
-
income
6 328
5 579
43 543
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
53 307
-
Employer
60 263
60 263
177 470
-
health
653
1 115
3 284
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 030
-
Corporate
148 643
121 120
-
-
income
18 580
15 140
-
-
total
18 580
15 140
-
-
Dividends
130 063
105 980
-
-
withholding
22 111
18 016
-
-
total
22 111
18 016
-
-
Income
187 500
187 500
187 500
187 500
Total tax
54 127
50 879
63 337
61 819
After tax
133 373
136 621
124 163
125 681
Living cost
25 419
25 419
25 419
25 419
Free-cash
107 954
111 202
98 744
100 262

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
₽93252
₽75467
₽92138
₽88769
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
-
-
-
187 500
income
-
-
-
59 330
pensions
-
-
-
7 896
total
-
-
-
67 226
Employee
38 621
-
163 291
-
health
504
-
2 157
-
pensions
2 948
-
9 317
-
income
7 033
-
48 214
-
total
10 485
-
59 688
-
Employer
38 621
-
163 291
-
health
734
-
3 103
-
pensions
3 902
-
21 106
-
total
4 636
-
24 209
-
Corporate
144 243
187 500
-
-
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.

27 407
35 624
-
-
total
27 407
35 624
-
-
Dividends
116 837
151 876
-
-
withholding
23 584
34 971
-
-
total
23 584
34 971
-
-
Income
187 500
187 500
187 500
187 500
Total tax
66 112
70 595
83 897
67 226
After tax
121 388
116 905
103 603
120 274
Living cost
28 136
28 136
28 136
28 136
Free-cash
93 252
88 769
75 467
92 138

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
₽63978
₽51008
₽57445
₽67540
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
-
-
-
187 500
municipal
-
-
-
1 334
regional
-
-
-
4 675
social contributions
-
-
-
39 224
national
-
-
-
53 601
total
-
-
-
98 834
Employee
66 040
-
187 500
-
social contributions
22 268
-
51 424
-
regional
997
-
4 269
-
national
11 160
-
48 354
-
municipal
394
-
1 224
-
total
34 819
-
105 271
-
Employer
66 040
-
187 500
-
total
-
-
-
-
Corporate
121 460
187 500
-
-
nationa
29 150
45 001
-
-
municipal
5 854
9 038
-
-
total
35 004
54 039
-
-
Dividends
86 457
133 462
-
-
withholding
22 478
34 700
-
-
total
22 478
34 700
-
-
Income
187 500
187 500
187 500
187 500
Total tax
92 301
88 739
105 271
98 834
After tax
95 199
98 761
82 229
88 666
Living cost
31 221
31 221
31 221
31 221
Free-cash
63 978
67 540
51 008
57 445

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
₽12619
₽86989
₽111246
-₽1550
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
-
-
-
187 500
pensions
-
-
-
3 165
income
-
-
-
54 219
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
59 517
Employee
26 328
-
172 031
-
health
3 015
-
19 698
-
pensions
2 965
-
5 804
-
income
3 612
-
42 803
-
total
9 592
-
68 305
-
Employer
26 328
-
172 031
-
pensions
4 281
-
8 381
-
accident
440
-
2 873
-
unemployment
645
-
4 215
-
total
5 366
-
15 469
-
Corporate
155 807
187 500
-
-
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.

140 226
168 750
-
-
total
140 226
168 750
-
-
Dividends
15 581
18 750
-
-
withholding
2 960
3 563
-
-
total
2 960
3 563
-
-
Income
187 500
187 500
187 500
187 500
Total tax
158 144
172 313
83 774
59 517
After tax
29 356
15 187
103 726
127 983
Living cost
16 737
16 737
16 737
16 737
Free-cash
12 619
-1 550
86 989
111 246

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
₽76411
₽84958
₽63280
₽66157
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.

-
-
-
187 500
trade
-
-
-
21 678
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.

-
-
-
63 442
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.

-
-
-
3 489
total
-
-
-
93 963
Employee

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

38 994
-
187 500
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
63 442
-
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
-
3 489
-
total
8 737
-
72 285
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
148 506
187 500
-
-
income
22 276
28 125
-
-
trade
21 311
26 907
-
-
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.

1 225
1 547
-
-
chamber of commerce
336
394
-
-
total
45 148
56 973
-
-
Dividends
103 358
130 527
-
-
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.

1 405
1 779
-
-
withholding
25 542
32 334
-
-
total
26 947
34 113
-
-
Income
187 500
187 500
187 500
187 500
Total tax
80 832
91 086
72 285
93 963
After tax
106 668
96 414
115 215
93 537
Living cost
30 257
30 257
30 257
30 257
Free-cash
76 411
66 157
84 958
63 280

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
₽127269
₽65805
₽52648
₽133696
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.

-
-
-
187 500
income
-
-
-
40 708
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
-
-
-
47 813
total
-
-
-
118 548
Employee
22 900
-
148 648
-
income
4 076
-
34 712
-
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
-
-
21 554
-
total
6 595
-
66 540
-
Employer
22 900
-
148 648
-
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
-
-
16 351
-
total
5 516
-
38 851
-
Corporate
159 084
187 500
-
-
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%.

31 816
37 500
-
-
total
31 816
37 500
-
-
Dividends

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

127 267
150 000
-
-
total
-
-
-
-
Income
187 500
187 500
187 500
187 500
Total tax
43 927
37 500
105 391
118 548
After tax
143 573
150 000
82 109
68 952
Living cost
16 304
16 304
16 304
16 304
Free-cash
127 269
133 696
65 805
52 648

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
₽105656
₽105717
₽106411
₽107257
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
-
-
-
187 500
income
-
-
-
59 087
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
71 346
Employee
14 840
-
179 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
58 714
-
total
5 097
-
64 044
-
Employer
14 840
-
179 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
169 321
187 500
-
-
income
37 251
41 250
-
-
total
37 251
41 250
-
-
Dividends
132 070
146 250
-
-
withholding
26 414
29 250
-
-
total
26 414
29 250
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 101
70 500
72 040
71 346
After tax
115 399
117 000
115 460
116 154
Living cost
9 743
9 743
9 743
9 743
Free-cash
105 656
107 257
105 717
106 411

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
₽97839
₽65678
₽70474
₽100335
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
-
-
-
187 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
60 533
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
10 367
total
-
-
-
99 423
Employee
26 392
-
165 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
55 847
-
other
-
-
-
-
surtax
94
-
9 431
-
total
8 791
-
82 202
-
Employer
26 392
-
165 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
155 551
187 500
-
-
income
40 444
48 750
-
-
total
40 444
48 750
-
-
Dividends
115 108
138 750
-
-
withholding
17 267
20 812
-
-
total
17 267
20 812
-
-
Income
187 500
187 500
187 500
187 500
Total tax
72 058
69 562
104 219
99 423
After tax
115 442
117 938
83 281
88 077
Living cost
17 603
17 603
17 603
17 603
Free-cash
97 839
100 335
65 678
70 474

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
₽77963
₽23955
₽71023
₽78352
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
-
-
-
187 500
pensions
-
-
-
16 938
chamber of commerce
<