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
₽ 188500
per

Your estimated
City
free-cash

Valencia , Spain
₽100028
₽80380
₽83670
₽103488
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
-
-
-
188 500
unemployment
-
-
-
509
income
-
-
-
61 487
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
83 279
Employee
28 978
-
165 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
58 797
-
other
28
-
73
-
total
7 426
-
63 411
-
Employer
28 978
-
165 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
150 283
188 500
-
-
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.

22 542
28 275
-
-
total
22 542
28 275
-
-
Dividends
127 741
160 225
-
-
withholding
27 715
35 186
-
-
total
27 715
35 186
-
-
Income
188 500
188 500
188 500
188 500
Total tax
66 921
63 461
86 569
83 279
After tax
121 579
125 039
101 931
105 221
Living cost
21 551
21 551
21 551
21 551
Free-cash
100 028
103 488
80 380
83 670

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
₽112316
₽92647
₽94178
₽117607
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
-
-
-
188 500
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
-
-
-
33 933
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
73 439
Employee
28 456
-
158 156
-
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
-
33 423
-
total
7 573
-
44 625
-
Employer
28 456
-
158 156
-
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
-
1 266
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 345
-
Corporate
152 873
188 500
-
-
income
32 103
39 586
-
-
total
32 103
39 586
-
-
Dividends
120 770
148 914
-
-
withholding
8 453
10 424
-
-
total
8 453
10 424
-
-
Income
188 500
188 500
188 500
188 500
Total tax
55 301
50 010
74 970
73 439
After tax
133 199
138 490
113 530
115 061
Living cost
20 883
20 883
20 883
20 883
Free-cash
112 316
117 607
92 647
94 178

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
₽147258
₽150586
₽142649
₽150898
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
-
-
-
188 500
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
-
-
-
28 275
health
-
-
-
3 147
total
-
-
-
35 581
Employee
13 600
-
183 132
-
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
-
18 313
-
total
3 330
-
22 276
-
Employer
13 600
-
183 132
-
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
172 232
188 500
-
-
income
17 223
18 850
-
-
total
17 223
18 850
-
-
Dividends
155 009
169 650
-
-
withholding
7 750
8 482
-
-
total
7 750
8 482
-
-
Income
188 500
188 500
188 500
188 500
Total tax
30 972
27 332
27 644
35 581
After tax
157 528
161 168
160 856
152 919
Living cost
10 270
10 270
10 270
10 270
Free-cash
147 258
150 898
150 586
142 649

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
₽72821
₽68985
₽75280
₽68191
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
-
-
-
188 500
income
-
-
-
36 844
other
-
-
-
5 843
health
-
-
-
9 545
social contributions
-
-
-
5 372
pensions
-
-
-
28 803
surtax
-
-
-
-
total
-
-
-
86 407
Employee
33 541
-
143 247
-
pensions
3 792
-
11 056
-
income
1 980
-
32 314
-
social contributions
956
-
4 081
-
surtax
-
-
-
-
total
6 728
-
47 451
-
Employer
33 541
-
143 247
-
health
2 348
-
14 549
-
social contributions
101
-
430
-
pensions
5 510
-
18 415
-
unemployment
1 358
-
5 802
-
other
1 157
-
6 055
-
total
10 474
-
45 251
-
Corporate
144 484
188 500
-
-
income
40 456
52 780
-
-
surtax
-
-
-
-
total
40 456
52 780
-
-
Dividends
104 028
135 720
-
-
social contributions
17 893
23 344
-
-
surtax
-
-
-
-
withholding
13 315
17 372
-
-
total
31 208
40 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
88 866
93 496
92 702
86 407
After tax
99 634
95 004
95 798
102 093
Living cost
26 813
26 813
26 813
26 813
Free-cash
72 821
68 191
68 985
75 280

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
₽56444
₽87701
₽67725
₽61247
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
-
-
-
188 500
pensions
-
-
-
9 182
income
-
-
-
69 098
health
-
-
-
9 664
total
-
-
-
87 944
Employee
66 925
66 925
173 936
-
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
34 557
-
total
33 274
28 874
53 403
-
Employer
66 925
66 925
173 936
-
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
110 676
109 855
-
-
income
22 136
21 971
-
-
total
22 136
21 971
-
-
Dividends
88 540
87 884
-
-
income
18 815
18 675
-
-
withholding
13 281
13 183
-
-
total
32 096
31 858
-
-
Income
188 500
188 500
188 500
188 500
Total tax
99 225
94 422
67 968
87 944
After tax
89 275
94 078
120 532
100 556
Living cost
32 831
32 831
32 831
32 831
Free-cash
56 444
61 247
87 701
67 725

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
₽79920
₽92033
₽68083
₽71251
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.

-
-
-
188 500
trade
-
-
-
23 950
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.

-
-
-
63 862
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.

-
-
-
3 513
total
-
-
-
96 679
Employee

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

29 975
-
188 500
-
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
-
63 862
-
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
-
3 513
-
total
6 237
-
72 729
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 525
188 500
-
-
income
23 779
28 275
-
-
trade
24 968
29 688
-
-
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.

1 307
1 556
-
-
chamber of commerce
347
390
-
-
total
50 401
59 909
-
-
Dividends
108 124
128 591
-
-
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.

1 471
1 752
-
-
withholding
26 733
31 850
-
-
total
28 204
33 602
-
-
Income
188 500
188 500
188 500
188 500
Total tax
84 842
93 511
72 729
96 679
After tax
103 658
94 989
115 771
91 821
Living cost
23 738
23 738
23 738
23 738
Free-cash
79 920
71 251
92 033
68 083

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
₽114939
₽106646
₽108168
₽119202
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
-
-
-
188 500
income
-
-
-
44 700
health
-
-
-
4 807
social contributions
-
-
-
12 680
total
-
-
-
62 187
Employee
60 263
60 263
178 452
-
health
467
1 025
3 034
-
income
6 562
5 579
43 881
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
53 661
-
Employer
60 263
60 263
178 452
-
health
507
1 115
3 302
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 048
-
Corporate
158 262
122 120
-
-
income
19 783
15 265
-
-
total
19 783
15 265
-
-
Dividends
138 479
106 855
-
-
withholding
23 541
18 165
-
-
total
23 541
18 165
-
-
Income
188 500
188 500
188 500
188 500
Total tax
55 416
51 153
63 709
62 187
After tax
133 084
137 347
124 791
126 313
Living cost
18 145
18 145
18 145
18 145
Free-cash
114 939
119 202
106 646
108 168

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
₽81848
₽57955
₽73130
₽82636
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.

-
-
-
188 500
income
-
-
-
25 284
social contributions

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

-
-
-
65 504
surtax
-
-
-
-
total
-
-
-
90 788
Employee
36 044
-
152 323
-
income
7 497
-
52 616
-
social contributions
3 965
-
16 755
-
surtax
-
-
415
-
total
11 462
-
69 786
-
Employer
36 044
-
152 323
-
social contributions
8 560
-
36 177
-
total
8 560
-
36 177
-
Corporate
143 895
188 500
-
-
income
30 218
39 586
-
-
surtax
-
-
-
-
total
30 218
39 586
-
-
Dividends
113 678
148 914
-
-
withholding
31 830
41 696
-
-
total
31 830
41 696
-
-
Income
188 500
188 500
188 500
188 500
Total tax
82 070
81 282
105 963
90 788
After tax
106 430
107 218
82 537
97 712
Living cost
24 582
24 582
24 582
24 582
Free-cash
81 848
82 636
57 955
73 130

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
₽171863
₽144726
₽180541
₽173001
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%.

-
-
-
188 500
microenterprise

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

-
-
-
1 885
total
-
-
-
1 885
Employee
7 592
-
188 500
-
income
1 518
-
37 700
-
total
1 518
-
37 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

180 908
188 500
-
-
total
-
-
-
-
Dividends
180 908
188 500
-
-
withholding
9 045
9 425
-
-
total
9 045
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
10 563
9 425
37 700
1 885
After tax
177 937
179 075
150 800
186 615
Living cost
6 074
6 074
6 074
6 074
Free-cash
171 863
173 001
144 726
180 541

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
₽102206
₽61114
₽65205
₽108761
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.

-
-
-
188 500
pensions
-
-
-
34 425
unemployment
-
-
-
283
income
-
-
-
49 017
health
-
-
-
18 549
total
-
-
-
102 274
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
-
163 104
-
health
2 238
-
10 537
-
unemployment
49
-
229
-
pensions
5 372
-
25 281
-
income
5 976
-
44 922
-
total
13 635
-
80 969
-
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
-
163 104
-
health
2 308
-
10 863
-
pensions
3 067
-
14 435
-
unemployment
21
-
98
-
total
5 396
-
25 396
-
Corporate
148 449
188 500
-
-
income
28 205
35 815
-
-
total
28 205
35 815
-
-
Dividends
120 243
152 685
-
-
withholding
18 037
22 903
-
-
total
18 037
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
65 273
58 718
106 365
102 274
After tax
123 227
129 782
82 135
86 226
Living cost
21 021
21 021
21 021
21 021
Free-cash
102 206
108 761
61 114
65 205

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
₽92674
₽102500
₽126821
₽89936
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.

-
-
-
188 500
income
-
-
-
28 275
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
-
-
-
33 230
Employee
35 952
-
184 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
50 341
-
total
7 503
-
53 946
-
Employer
35 952
-
184 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
148 946
188 500
-
-
income
52 132
65 975
-
-
total
52 132
65 975
-
-
Dividends
96 814
122 525
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
188 500
188 500
188 500
188 500
Total tax
67 377
70 115
57 551
33 230
After tax
121 123
118 385
130 949
155 270
Living cost
28 449
28 449
28 449
28 449
Free-cash
92 674
89 936
102 500
126 821

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
₽98790
₽99067
₽104436
₽98384
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
-
-
-
188 500
income
-
-
-
28 275
health
-
-
-
13 158
social contributions
-
-
-
26 013
total
-
-
-
67 446
Employee
26 572
-
188 500
-
health
1 855
-
13 158
-
income
4 432
-
33 644
-
social contributions
3 668
-
26 013
-
total
9 955
-
72 815
-
Employer
26 572
-
188 500
-
total
-
-
-
-
Corporate
161 928
188 500
-
-
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%.

8 096
9 425
-
-
total
8 096
9 425
-
-
Dividends
153 831
179 075
-
-
social contributions
21 229
24 712
-
-
withholding
23 074
26 861
-
-
health
10 738
12 500
-
-
total
55 041
64 073
-
-
Income
188 500
188 500
188 500
188 500
Total tax
73 092
73 498
72 815
67 446
After tax
115 408
115 002
115 685
121 054
Living cost
16 618
16 618
16 618
16 618
Free-cash
98 790
98 384
99 067
104 436

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
₽100021
₽82861
₽91404
₽107845
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
-
-
-
188 500
income
-
-
-
20 615
health
-
-
-
25 448
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
3 479
total
-
-
-
75 159
Employee
32 261
-
152 814
-
health
4 355
-
20 630
-
solidarity contribution
-
-
2 713
-
income
3 871
-
18 972
-
social contributions
2 097
-
5 702
-
total
10 323
-
48 017
-
Employer
32 261
-
152 814
-
health
2 903
-
13 753
-
social contributions
8 065
-
21 932
-
total
10 968
-
35 685
-
Corporate
145 271
188 500
-
-
income
27 601
35 815
-
-
total
27 601
35 815
-
-
Dividends
117 669
152 685
-
-
withholding
17 650
22 903
-
-
total
17 650
22 903
-
-
Income
188 500
188 500
188 500
188 500
Total tax
66 542
58 718
83 702
75 159
After tax
121 958
129 782
104 798
113 341
Living cost
21 937
21 937
21 937
21 937
Free-cash
100 021
107 845
82 861
91 404

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
₽167836
₽141335
₽177150
₽169610
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%.

-
-
-
188 500
microenterprise

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

-
-
-
1 885
total
-
-
-
1 885
Employee
11 832
-
188 500
-
income
2 366
-
37 700
-
total
2 366
-
37 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

176 668
188 500
-
-
total
-
-
-
-
Dividends
176 668
188 500
-
-
withholding
8 833
9 425
-
-
total
8 833
9 425
-
-
Income
188 500
188 500
188 500
188 500
Total tax
11 199
9 425
37 700
1 885
After tax
177 301
179 075
150 800
186 615
Living cost
9 465
9 465
9 465
9 465
Free-cash
167 836
169 610
141 335
177 150

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
₽62542
₽57946
₽64241
₽57152
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
-
-
-
188 500
income
-
-
-
36 844
other
-
-
-
5 843
health
-
-
-
9 545
social contributions
-
-
-
5 372
pensions
-
-
-
28 803
surtax
-
-
-
-
total
-
-
-
86 407
Employee
49 085
-
143 247
-
pensions
5 552
-
11 056
-
income
4 283
-
32 314
-
social contributions
1 398
-
4 081
-
surtax
-
-
-
-
total
11 233
-
47 451
-
Employer
49 085
-
143 247
-
health
3 435
-
14 549
-
social contributions
147
-
430
-
pensions
8 065
-
18 415
-
unemployment
1 988
-
5 802
-
other
1 694
-
6 055
-
total
15 329
-
45 251
-
Corporate
124 085
188 500
-
-
income
34 743
52 780
-
-
surtax
-
-
-
-
total
34 743
52 780
-
-
Dividends
89 342
135 720
-
-
social contributions
15 366
23 344
-
-
surtax
-
-
-
-
withholding
11 435
17 372
-
-
total
26 801
40 716
-
-
Income
188 500
188 500
188 500
188 500
Total tax
88 106
93 496
92 702
86 407
After tax
100 394
95 004
95 798
102 093
Living cost
37 852
37 852
37 852
37 852
Free-cash
62 542
57 152
57 946
64 241

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
₽118834
₽109300
₽109300
₽122679
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.

-
-
-
188 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
43 861
health
-
-
-
5 948
total
-
-
-
65 688
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
-
178 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
43 861
-
total
6 864
-
55 352
-
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
-
178 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
164 477
188 500
-
-
income
24 672
28 275
-
-
total
24 672
28 275
-
-
Dividends
139 806
160 225
-
-
withholding
20 971
24 034
-
-
total
20 971
24 034
-
-
Income
188 500
188 500
188 500
188 500
Total tax
56 154
52 309
65 688
65 688
After tax
132 346
136 191
122 812
122 812
Living cost
13 512
13 512
13 512
13 512
Free-cash
118 834
122 679
109 300
109 300

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
₽55708
₽88455
₽93663
₽32907
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
-
-
-
188 500
pensions
-
-
-
17 342
city
-
-
-
1 987
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.

-
-
-
3 771
health
-
-
-
424
regional
-
-
-
11 551
national
-
-
-
6 473
total
-
-
-
41 548
Employee
62 361
-
170 430
-
health
141
-
383
-
unemployment
-
-
-
-
city
669
-
1 853
-
pensions
5 239
-
12 404
-
regional
2 042
-
10 432
-
national
295
-
5 489
-
total
8 386
-
30 561
-
Employer
62 361
-
170 430
-
health
141
-
383
-
pensions
5 239
-
12 404
-
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
-
3 408
-
total
6 627
-
16 195
-
Corporate
118 826
188 500
-
-
regional
25 131
39 867
-
-
national
10 101
16 023
-
-
total
35 232
55 890
-
-
Dividends
83 594
132 610
-
-
withholding
29 258
46 414
-
-
total
29 258
46 414
-
-
Income
188 500
188 500
188 500
188 500
Total tax
79 503
102 304
46 756
41 548
After tax
108 997
86 196
141 744
146 952
Living cost
53 289
53 289
53 289
53 289
Free-cash
55 708
32 907
88 455
93 663

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
₽87314
₽62570
₽84160
₽84894
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

-
-
-
188 500
municipal
-
-
-
33 466
health
-
-
-
2 576
national
-
-
-
38 209
total
-
-
-
74 251
Employee
41 232
-
158 575
-
health
308
-
2 115
-
unemployment
619
-
2 378
-
pensions
2 783
-
10 704
-
national
681
-
24 913
-
municipal
6 754
-
25 808
-
total
11 145
-
65 918
-
Employer
41 232
-
158 575
-
health
317
-
1 221
-
pensions
7 154
-
27 512
-
accident
42
-
159
-
unemployment
268
-
1 031
-
total
7 781
-
29 923
-
Corporate
139 488
188 500
-
-
income
27 897
37 700
-
-
total
27 897
37 700
-
-
Dividends

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

83 693
113 100
-
-
municipal
15 064
20 359
-
-
national
9 210
15 458
-
-
total
24 274
35 817
-
-
Income
188 500
188 500
188 500
188 500
Total tax
71 097
73 517
95 841
74 251
After tax
117 403
114 983
92 659
114 249
Living cost
30 089
30 089
30 089
30 089
Free-cash
87 314
84 894
62 570
84 160

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
₽64989
₽34975
₽53474
₽74188
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
-
-
-
188 500
communal

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

-
-
-
10 137
social contributions
-
-
-
19 539
national
-
-
-
76 775
total
-
-
-
106 451
Employee

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

56 059
-
145 999
-
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
-
6 862
-
communal

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

2 924
-
7 615
-
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
-
1 270
-
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
-
10 950
-
national
17 235
-
55 753
-
total
27 485
-
82 450
-
Employer

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

56 059
-
145 999
-
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
-
8 978
-
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
-
12 936
-
surtax
6 356
-
16 556
-
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
-
1 899
-
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
-
2 131
-
total
16 317
-
42 500
-
Corporate
116 123
188 500
-
-
income
23 225
41 280
-
-
surtax
464
825
-
-
total
23 689
42 105
-
-
Dividends
92 435
146 395
-
-
withholding

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

27 445
43 632
-
-
total
27 445
43 632
-
-
Income
188 500
188 500
188 500
188 500
Total tax
94 936
85 737
124 950
106 451
After tax
93 564
102 763
63 550
82 049
Living cost
28 575
28 575
28 575
28 575
Free-cash
64 989
74 188
34 975
53 474

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
₽68144
₽59590
₽60415
₽68909
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
-
-
-
188 500
unemployment
-
-
-
75
municipal
-
-
-
49 771
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
22 706
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
94 072
Employee
48 465
-
165 078
-
national
-
-
22 250
-
municipal
14 452
-
49 226
-
total
14 452
-
71 476
-
Employer
48 465
-
165 078
-
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
124 808
188 500
-
-
income
27 458
41 470
-
-
total
27 458
41 470
-
-
Dividends
97 350
147 030
-
-
withholding
29 205
44 109
-
-
total
29 205
44 109
-
-
Income
188 500
188 500
188 500
188 500
Total tax
86 343
85 579
94 897
94 072
After tax
102 157
102 921
93 603
94 428
Living cost
34 012
34 012
34 012
34 012
Free-cash
68 144
68 909
59 590
60 415

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
₽35051
₽139074
₽92392
₽76806
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
-
-
-
188 500
income
-
-
-
36 742
social contributions
-
-
-
21 489
total
-
-
-
58 231
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
57 612
188 500
-
-
income
12 675
41 470
-
-
total
12 675
41 470
-
-
Dividends
44 938
147 030
-
-
income
9 886
32 347
-
-
total
9 886
32 347
-
-
Income
188 500
188 500
188 500
188 500
Total tax
115 572
73 817
11 549
58 231
After tax
72 928
114 683
176 951
130 269
Living cost
37 877
37 877
37 877
37 877
Free-cash
35 051
76 806
139 074
92 392

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
₽108681
₽99372
₽100894
₽111928
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
-
-
-
188 500
income
-
-
-
44 700
health
-
-
-
4 807
social contributions
-
-
-
12 680
total
-
-
-
62 187
Employee
60 263
60 263
178 452
-
health
599
1 025
3 034
-
income
6 328
5 579
43 881
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
53 661
-
Employer
60 263
60 263
178 452
-
health
653
1 115
3 302
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 048
-
Corporate
149 643
122 120
-
-
income
18 705
15 265
-
-
total
18 705
15 265
-
-
Dividends
130 939
106 855
-
-
withholding
22 259
18 165
-
-
total
22 259
18 165
-
-
Income
188 500
188 500
188 500
188 500
Total tax
54 400
51 153
63 709
62 187
After tax
134 100
137 347
124 791
126 313
Living cost
25 419
25 419
25 419
25 419
Free-cash
108 681
111 928
99 372
100 894

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
₽93800
₽75968
₽92726
₽89314
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
-
-
-
188 500
income
-
-
-
59 722
pensions
-
-
-
7 916
total
-
-
-
67 638
Employee
38 621
-
164 156
-
health
504
-
2 166
-
pensions
2 948
-
9 334
-
income
7 033
-
48 551
-
total
10 485
-
60 051
-
Employer
38 621
-
164 156
-
health
734
-
3 120
-
pensions
3 902
-
21 225
-
total
4 636
-
24 345
-
Corporate
145 243
188 500
-
-
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.

27 597
35 815
-
-
total
27 597
35 815
-
-
Dividends
117 646
152 685
-
-
withholding
23 846
35 235
-
-
total
23 846
35 235
-
-
Income
188 500
188 500
188 500
188 500
Total tax
66 564
71 050
84 396
67 638
After tax
121 936
117 450
104 104
120 862
Living cost
28 136
28 136
28 136
28 136
Free-cash
93 800
89 314
75 968
92 726

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
₽64502
₽51532
₽57972
₽68068
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
-
-
-
188 500
municipal
-
-
-
1 343
regional
-
-
-
4 709
social contributions
-
-
-
39 224
national
-
-
-
54 031
total
-
-
-
99 307
Employee
66 040
-
188 500
-
social contributions
22 268
-
51 424
-
regional
997
-
4 303
-
national
11 160
-
48 786
-
municipal
394
-
1 234
-
total
34 819
-
105 747
-
Employer
66 040
-
188 500
-
total
-
-
-
-
Corporate
122 460
188 500
-
-
nationa
29 391
45 240
-
-
municipal
5 903
9 085
-
-
total
35 294
54 325
-
-
Dividends
87 167
134 174
-
-
withholding
22 664
34 886
-
-
total
22 664
34 886
-
-
Income
188 500
188 500
188 500
188 500
Total tax
92 777
89 211
105 747
99 307
After tax
95 723
99 289
82 753
89 193
Living cost
31 221
31 221
31 221
31 221
Free-cash
64 502
68 068
51 532
57 972

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
₽12700
₽87567
₽111926
-₽1468
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
-
-
-
188 500
pensions
-
-
-
3 165
income
-
-
-
54 539
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
59 837
Employee
26 328
-
172 992
-
health
3 015
-
19 808
-
pensions
2 965
-
5 804
-
income
3 612
-
43 076
-
total
9 592
-
68 688
-
Employer
26 328
-
172 992
-
pensions
4 281
-
8 381
-
accident
440
-
2 889
-
unemployment
645
-
4 238
-
total
5 366
-
15 508
-
Corporate
156 807
188 500
-
-
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.

141 126
169 650
-
-
total
141 126
169 650
-
-
Dividends
15 681
18 850
-
-
withholding
2 979
3 581
-
-
total
2 979
3 581
-
-
Income
188 500
188 500
188 500
188 500
Total tax
159 063
173 231
84 196
59 837
After tax
29 437
15 269
104 304
128 663
Living cost
16 737
16 737
16 737
16 737
Free-cash
12 700
-1 468
87 567
111 926

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
₽76924
₽85514
₽63693
₽66670
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.

-
-
-
188 500
trade
-
-
-
21 821
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.

-
-
-
63 862
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.

-
-
-
3 513
total
-
-
-
94 550
Employee

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

38 994
-
188 500
-
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
-
63 862
-
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
-
3 513
-
total
8 737
-
72 729
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 506
188 500
-
-
income
22 426
28 275
-
-
trade
21 455
27 050
-
-
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.

1 233
1 556
-
-
chamber of commerce
338
396
-
-
total
45 452
57 277
-
-
Dividends
104 055
131 224
-
-
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.

1 414
1 788
-
-
withholding
25 716
32 508
-
-
total
27 130
34 296
-
-
Income
188 500
188 500
188 500
188 500
Total tax
81 319
91 573
72 729
94 550
After tax
107 181
96 927
115 771
93 950
Living cost
30 257
30 257
30 257
30 257
Free-cash
76 924
66 670
85 514
63 693

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
₽128068
₽66293
₽53080
₽134496
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.

-
-
-
188 500
income
-
-
-
41 022
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
-
-
-
48 067
total
-
-
-
119 116
Employee
22 900
-
149 549
-
income
4 076
-
34 994
-
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
-
-
21 685
-
total
6 595
-
66 953
-
Employer
22 900
-
149 549
-
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
-
-
16 450
-
total
5 516
-
38 950
-
Corporate
160 084
188 500
-
-
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%.

32 017
37 700
-
-
total
32 017
37 700
-
-
Dividends

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

128 067
150 800
-
-
total
-
-
-
-
Income
188 500
188 500
188 500
188 500
Total tax
44 128
37 700
105 903
119 116
After tax
144 372
150 800
82 597
69 384
Living cost
16 304
16 304
16 304
16 304
Free-cash
128 068
134 496
66 293
53 080

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
₽106280
₽106367
₽107061
₽107881
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
-
-
-
188 500
income
-
-
-
59 437
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
71 696
Employee
14 840
-
180 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
59 064
-
total
5 097
-
64 394
-
Employer
14 840
-
180 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
170 321
188 500
-
-
income
37 471
41 470
-
-
total
37 471
41 470
-
-
Dividends
132 851
147 030
-
-
withholding
26 570
29 406
-
-
total
26 570
29 406
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 477
70 876
72 390
71 696
After tax
116 023
117 624
116 110
116 804
Living cost
9 743
9 743
9 743
9 743
Free-cash
106 280
107 881
106 367
107 061

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
₽98469
₽66139
₽70932
₽100963
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
-
-
-
188 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
60 984
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
10 458
total
-
-
-
99 965
Employee
26 392
-
166 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
56 296
-
other
-
-
-
-
surtax
94
-
9 521
-
total
8 791
-
82 741
-
Employer
26 392
-
166 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
156 551
188 500
-
-
income
40 704
49 010
-
-
total
40 704
49 010
-
-
Dividends
115 847
139 490
-
-
withholding
17 377
20 924
-
-
total
17 377
20 924
-
-
Income
188 500
188 500
188 500
188 500
Total tax
72 428
69 934
104 758
99 965
After tax
116 072
118 566
83 742
88 535
Living cost
17 603
17 603
17 603
17 603
Free-cash
98 469
100 963
66 139
70 932

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
₽78508
₽24188
₽71519
₽78896
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
-
-
-
188 500
pensions
-
-
-
16 938
chamber of commerce