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
₽ 189500
per

Your estimated
City
free-cash

Valencia , Spain
₽100612
₽80863
₽84161
₽104084
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
-
-
-
189 500
unemployment
-
-
-
510
income
-
-
-
61 867
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
83 724
Employee
29 064
-
166 273
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
59 169
-
other
28
-
73
-
total
7 447
-
63 796
-
Employer
29 064
-
166 273
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
151 169
189 500
-
-
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.

22 676
28 425
-
-
total
22 676
28 425
-
-
Dividends
128 493
161 075
-
-
withholding
27 883
35 376
-
-
total
27 883
35 376
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 273
63 801
87 022
83 724
After tax
122 227
125 699
102 478
105 776
Living cost
21 615
21 615
21 615
21 615
Free-cash
100 612
104 084
80 863
84 161

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽4569
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
₽112971
₽93250
₽94788
₽118282
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
-
-
-
189 500
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.

-
-
-
28 687
income
-
-
-
34 143
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
73 767
Employee
28 540
-
159 063
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
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.

1 997
-
8 367
-
income
4 914
-
33 631
-
total
7 596
-
44 867
-
Employer
28 540
-
159 063
-
health
400
-
1 674
-
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.

4 852
-
20 321
-
accident
228
-
1 272
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 438
-
Corporate
153 767
189 500
-
-
income
32 291
39 794
-
-
total
32 291
39 794
-
-
Dividends
121 476
149 706
-
-
withholding
8 504
10 479
-
-
total
8 504
10 479
-
-
Income
189 500
189 500
189 500
189 500
Total tax
55 584
50 273
75 305
73 767
After tax
133 916
139 227
114 195
115 733
Living cost
20 945
20 945
20 945
20 945
Free-cash
112 971
118 282
93 250
94 788

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
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.
₽4394
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
₽148070
₽151427
₽143445
₽151720
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
-
-
-
189 500
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
28 425
health
-
-
-
3 156
total
-
-
-
35 753
Employee
13 641
-
184 115
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
18 412
-
total
3 339
-
22 386
-
Employer
13 641
-
184 115
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
173 183
189 500
-
-
income
17 318
18 950
-
-
total
17 318
18 950
-
-
Dividends
155 864
170 550
-
-
withholding
7 794
8 528
-
-
total
7 794
8 528
-
-
Income
189 500
189 500
189 500
189 500
Total tax
31 128
27 478
27 771
35 753
After tax
158 372
162 022
161 729
153 747
Living cost
10 302
10 302
10 302
10 302
Free-cash
148 070
151 720
151 427
143 445

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
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.
₽3279
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
₽73257
₽69352
₽75706
₽68616
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
-
-
-
189 500
income
-
-
-
37 095
other
-
-
-
5 874
health
-
-
-
9 606
social contributions
-
-
-
5 400
pensions
-
-
-
28 926
surtax
-
-
-
-
total
-
-
-
86 901
Employee
33 641
-
143 990
-
pensions
3 804
-
11 120
-
income
1 985
-
32 523
-
social contributions
959
-
4 102
-
surtax
-
-
-
-
total
6 748
-
47 745
-
Employer
33 641
-
143 990
-
health
2 355
-
14 634
-
social contributions
101
-
433
-
pensions
5 527
-
18 522
-
unemployment
1 362
-
5 831
-
other
1 161
-
6 090
-
total
10 506
-
45 510
-
Corporate
145 353
189 500
-
-
income
40 698
53 060
-
-
surtax
-
-
-
-
total
40 698
53 060
-
-
Dividends
104 655
136 440
-
-
social contributions
18 001
23 467
-
-
surtax
-
-
-
-
withholding
13 397
17 464
-
-
total
31 398
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
89 350
93 991
93 255
86 901
After tax
100 150
95 509
96 245
102 599
Living cost
26 893
26 893
26 893
26 893
Free-cash
73 257
68 616
69 352
75 706

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽7293
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
₽56839
₽88244
₽68140
₽61656
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
-
-
-
189 500
pensions
-
-
-
9 209
income
-
-
-
69 530
health
-
-
-
9 693
total
-
-
-
88 432
Employee
67 124
67 124
174 892
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
34 818
-
total
33 372
28 959
53 720
-
Employer
67 124
67 124
174 892
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
111 445
110 621
-
-
income
22 288
22 124
-
-
total
22 288
22 124
-
-
Dividends
89 156
88 497
-
-
income
18 945
18 805
-
-
withholding
13 374
13 274
-
-
total
32 319
32 079
-
-
Income
189 500
189 500
189 500
189 500
Total tax
99 733
94 916
68 328
88 432
After tax
89 767
94 584
121 172
101 068
Living cost
32 928
32 928
32 928
32 928
Free-cash
56 839
61 656
88 244
68 140

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽6101
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
₽80379
₽92551
₽68461
₽71683
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.

-
-
-
189 500
trade
-
-
-
24 090
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.

-
-
-
64 237
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.

-
-
-
5 370
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.

-
-
-
3 534
total
-
-
-
97 231
Employee

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

30 064
-
189 500
-
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.

5 370
-
5 370
-
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.

840
-
64 237
-
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
-
3 534
-
total
6 256
-
73 141
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 436
189 500
-
-
income
23 916
28 425
-
-
trade
25 111
29 847
-
-
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.

1 316
1 563
-
-
chamber of commerce
349
392
-
-
total
50 692
60 227
-
-
Dividends
108 745
129 273
-
-
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.

1 478
1 762
-
-
withholding
26 887
32 020
-
-
total
28 365
33 782
-
-
Income
189 500
189 500
189 500
189 500
Total tax
85 313
94 009
73 141
97 231
After tax
104 187
95 491
116 359
92 269
Living cost
23 808
23 808
23 808
23 808
Free-cash
80 379
71 683
92 551
68 461

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽5612
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
₽115599
₽107241
₽108768
₽119876
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
-
-
-
189 500
income
-
-
-
44 982
health
-
-
-
4 833
social contributions
-
-
-
12 718
total
-
-
-
62 533
Employee
60 443
60 443
179 415
-
health
468
1 028
3 050
-
income
6 581
5 595
44 159
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
53 975
-
Employer
60 443
60 443
179 415
-
health
509
1 119
3 319
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
10 085
-
Corporate
159 172
122 922
-
-
income
19 897
15 366
-
-
total
19 897
15 366
-
-
Dividends
139 275
107 557
-
-
withholding
23 677
18 285
-
-
total
23 677
18 285
-
-
Income
189 500
189 500
189 500
189 500
Total tax
55 702
51 425
64 060
62 533
After tax
133 798
138 075
125 440
126 967
Living cost
18 199
18 199
18 199
18 199
Free-cash
115 599
119 876
107 241
108 768

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽5104
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
₽82341
₽58285
₽73556
₽83134
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.

-
-
-
189 500
income
-
-
-
25 438
social contributions

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

-
-
-
65 851
surtax
-
-
-
-
total
-
-
-
91 289
Employee
36 152
-
153 130
-
income
7 520
-
52 924
-
social contributions
3 977
-
16 844
-
surtax
-
-
424
-
total
11 497
-
70 192
-
Employer
36 152
-
153 130
-
social contributions
8 586
-
36 368
-
total
8 586
-
36 368
-
Corporate
144 762
189 500
-
-
income
30 400
39 794
-
-
surtax
-
-
-
-
total
30 400
39 794
-
-
Dividends
114 363
149 706
-
-
withholding
32 021
41 917
-
-
total
32 021
41 917
-
-
Income
189 500
189 500
189 500
189 500
Total tax
82 504
81 711
106 560
91 289
After tax
106 996
107 789
82 940
98 211
Living cost
24 655
24 655
24 655
24 655
Free-cash
82 341
83 134
58 285
73 556

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽4342
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
₽172776
₽145496
₽181501
₽173921
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%.

-
-
-
189 500
microenterprise

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

-
-
-
1 895
total
-
-
-
1 895
Employee
7 629
-
189 500
-
income
1 526
-
37 900
-
total
1 526
-
37 900
-
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%.

181 871
189 500
-
-
total
-
-
-
-
Dividends
181 871
189 500
-
-
withholding
9 094
9 475
-
-
total
9 094
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
10 620
9 475
37 900
1 895
After tax
178 880
180 025
151 600
187 605
Living cost
6 104
6 104
6 104
6 104
Free-cash
172 776
173 921
145 496
181 501

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
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.
₽1646
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
₽102813
₽61446
₽65558
₽109387
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.

-
-
-
189 500
pensions
-
-
-
34 608
unemployment
-
-
-
285
income
-
-
-
49 319
health
-
-
-
18 647
total
-
-
-
102 859
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.

34 759
-
163 970
-
health
2 245
-
10 592
-
unemployment
49
-
230
-
pensions
5 388
-
25 415
-
income
5 994
-
45 205
-
total
13 676
-
81 442
-
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.

34 759
-
163 970
-
health
2 315
-
10 920
-
pensions
3 076
-
14 511
-
unemployment
21
-
98
-
total
5 412
-
25 529
-
Corporate
149 330
189 500
-
-
income
28 373
36 006
-
-
total
28 373
36 006
-
-
Dividends
120 957
153 494
-
-
withholding
18 143
23 024
-
-
total
18 143
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
65 604
59 030
106 971
102 859
After tax
123 896
130 470
82 529
86 641
Living cost
21 083
21 083
21 083
21 083
Free-cash
102 813
109 387
61 446
65 558

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽4855
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
₽93234
₽103090
₽127572
₽90489
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.

-
-
-
189 500
income
-
-
-
28 425
health

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

-
-
-
4 970
total
-
-
-
33 395
Employee
36 059
-
185 884
-
social contributions
3 613
-
3 616
-
income
3 913
-
50 645
-
total
7 526
-
54 261
-
Employer
36 059
-
185 884
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
149 828
189 500
-
-
income
52 441
66 325
-
-
total
52 441
66 325
-
-
Dividends
97 388
123 175
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
189 500
189 500
189 500
189 500
Total tax
67 733
70 478
57 877
33 395
After tax
121 767
119 022
131 623
156 105
Living cost
28 533
28 533
28 533
28 533
Free-cash
93 234
90 489
103 090
127 572

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7051
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
₽99352
₽99622
₽105029
₽98945
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
-
-
-
189 500
income
-
-
-
28 425
health
-
-
-
13 226
social contributions
-
-
-
26 152
total
-
-
-
67 803
Employee
26 651
-
189 500
-
health
1 860
-
13 226
-
income
4 445
-
33 832
-
social contributions
3 678
-
26 152
-
total
9 983
-
73 210
-
Employer
26 651
-
189 500
-
total
-
-
-
-
Corporate
162 849
189 500
-
-
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%.

8 143
9 475
-
-
total
8 143
9 475
-
-
Dividends
154 706
180 025
-
-
social contributions
21 350
24 843
-
-
withholding
23 206
27 003
-
-
health
10 798
12 566
-
-
total
55 354
64 412
-
-
Income
189 500
189 500
189 500
189 500
Total tax
73 480
73 887
73 210
67 803
After tax
116 020
115 613
116 290
121 697
Living cost
16 668
16 668
16 668
16 668
Free-cash
99 352
98 945
99 622
105 029

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4101
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
₽100617
₽83375
₽91970
₽108467
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
-
-
-
189 500
income
-
-
-
20 733
health
-
-
-
25 583
social contributions
-
-
-
25 694
solidarity contribution
-
-
-
3 516
total
-
-
-
75 526
Employee
32 358
-
153 671
-
health
4 368
-
20 746
-
solidarity contribution
-
-
2 745
-
income
3 883
-
19 081
-
social contributions
2 103
-
5 720
-
total
10 354
-
48 292
-
Employer
32 358
-
153 671
-
health
2 912
-
13 830
-
social contributions
8 090
-
21 999
-
total
11 002
-
35 829
-
Corporate
146 140
189 500
-
-
income
27 767
36 005
-
-
total
27 767
36 005
-
-
Dividends
118 373
153 495
-
-
withholding
17 756
23 024
-
-
total
17 756
23 024
-
-
Income
189 500
189 500
189 500
189 500
Total tax
66 879
59 029
84 121
75 526
After tax
122 621
130 471
105 379
113 974
Living cost
22 004
22 004
22 004
22 004
Free-cash
100 617
108 467
83 375
91 970

Estimated living cost  is ₽22004 per week

₽16363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
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.
₽4041
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
₽168730
₽142089
₽178094
₽170514
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%.

-
-
-
189 500
microenterprise

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

-
-
-
1 895
total
-
-
-
1 895
Employee
11 889
-
189 500
-
income
2 378
-
37 900
-
total
2 378
-
37 900
-
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%.

177 611
189 500
-
-
total
-
-
-
-
Dividends
177 611
189 500
-
-
withholding
8 881
9 475
-
-
total
8 881
9 475
-
-
Income
189 500
189 500
189 500
189 500
Total tax
11 259
9 475
37 900
1 895
After tax
178 241
180 025
151 600
187 605
Living cost
9 511
9 511
9 511
9 511
Free-cash
168 730
170 514
142 089
178 094

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
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.
₽2356
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
₽62948
₽58280
₽64634
₽57544
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
-
-
-
189 500
income
-
-
-
37 095
other
-
-
-
5 874
health
-
-
-
9 606
social contributions
-
-
-
5 400
pensions
-
-
-
28 926
surtax
-
-
-
-
total
-
-
-
86 901
Employee
49 231
-
143 990
-
pensions
5 568
-
11 120
-
income
4 296
-
32 523
-
social contributions
1 402
-
4 102
-
surtax
-
-
-
-
total
11 266
-
47 745
-
Employer
49 231
-
143 990
-
health
3 446
-
14 634
-
social contributions
148
-
433
-
pensions
8 089
-
18 522
-
unemployment
1 994
-
5 831
-
other
1 699
-
6 090
-
total
15 376
-
45 510
-
Corporate
124 893
189 500
-
-
income
34 970
53 060
-
-
surtax
-
-
-
-
total
34 970
53 060
-
-
Dividends
89 923
136 440
-
-
social contributions
15 465
23 467
-
-
surtax
-
-
-
-
withholding
11 510
17 464
-
-
total
26 975
40 931
-
-
Income
189 500
189 500
189 500
189 500
Total tax
88 587
93 991
93 255
86 901
After tax
100 913
95 509
96 245
102 599
Living cost
37 965
37 965
37 965
37 965
Free-cash
62 948
57 544
58 280
64 634

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽8644
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
₽119505
₽109954
₽109952
₽123361
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.

-
-
-
189 500
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
44 101
health
-
-
-
5 966
total
-
-
-
65 995
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.

20 437
-
179 133
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
44 101
-
total
6 884
-
55 626
-
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.

20 437
-
179 133
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
165 404
189 500
-
-
income
24 811
28 425
-
-
total
24 811
28 425
-
-
Dividends
140 594
161 075
-
-
withholding
21 089
24 161
-
-
total
21 089
24 161
-
-
Income
189 500
189 500
189 500
189 500
Total tax
56 442
52 586
65 993
65 995
After tax
133 058
136 914
123 507
123 505
Living cost
13 553
13 553
13 553
13 553
Free-cash
119 505
123 361
109 954
109 952

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽2987
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
₽56074
₽89029
₽94250
₽33204
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
-
-
-
189 500
pensions
-
-
-
17 434
city
-
-
-
1 997
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.

-
-
-
3 790
health
-
-
-
427
regional
-
-
-
11 625
national
-
-
-
6 527
total
-
-
-
41 800
Employee
62 550
-
171 342
-
health
141
-
386
-
unemployment
-
-
-
-
city
671
-
1 864
-
pensions
5 255
-
12 461
-
regional
2 048
-
10 500
-
national
296
-
5 537
-
total
8 411
-
30 748
-
Employer
62 550
-
171 342
-
health
141
-
386
-
pensions
5 255
-
12 461
-
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.

1 251
-
3 426
-
total
6 647
-
16 273
-
Corporate
119 615
189 500
-
-
regional
25 299
40 079
-
-
national
10 167
16 107
-
-
total
35 466
56 186
-
-
Dividends
84 149
133 314
-
-
withholding
29 452
46 660
-
-
total
29 452
46 660
-
-
Income
189 500
189 500
189 500
189 500
Total tax
79 976
102 846
47 021
41 800
After tax
109 524
86 654
142 479
147 700
Living cost
53 450
53 450
53 450
53 450
Free-cash
56 074
33 204
89 029
94 250

Estimated living cost  is ₽53450 per week

₽34758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
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.
₽13239
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
₽87823
₽62925
₽84631
₽85378
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

-
-
-
189 500
municipal
-
-
-
33 644
health
-
-
-
2 590
national
-
-
-
38 457
total
-
-
-
74 691
Employee
41 355
-
159 418
-
health
309
-
2 127
-
unemployment
621
-
2 391
-
pensions
2 791
-
10 761
-
national
683
-
25 091
-
municipal
6 774
-
25 944
-
total
11 178
-
66 314
-
Employer
41 355
-
159 418
-
health
318
-
1 228
-
pensions
7 175
-
27 658
-
accident
42
-
160
-
unemployment
268
-
1 037
-
total
7 803
-
30 083
-
Corporate
140 342
189 500
-
-
income
28 068
37 900
-
-
total
28 068
37 900
-
-
Dividends

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

84 205
113 700
-
-
municipal
15 157
20 465
-
-
national
9 293
15 579
-
-
total
24 450
36 044
-
-
Income
189 500
189 500
189 500
189 500
Total tax
71 499
73 944
96 397
74 691
After tax
118 001
115 556
93 103
114 809
Living cost
30 178
30 178
30 178
30 178
Free-cash
87 823
85 378
62 925
84 631

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽7084
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
₽65426
₽35208
₽53826
₽74623
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
-
-
-
189 500
communal

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

-
-
-
10 194
social contributions
-
-
-
19 597
national
-
-
-
77 223
total
-
-
-
107 014
Employee

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

56 226
-
146 775
-
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.

2 642
-
6 899
-
communal

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

2 933
-
7 655
-
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.

489
-
1 277
-
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.

4 217
-
11 008
-
national
17 286
-
56 067
-
total
27 567
-
82 906
-
Employer

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

56 226
-
146 775
-
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.

3 458
-
9 026
-
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.

4 982
-
13 004
-
surtax
6 375
-
16 644
-
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.

731
-
1 908
-
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.

820
-
2 144
-
total
16 366
-
42 726
-
Corporate
116 908
189 500
-
-
income
23 382
41 531
-
-
surtax
468
831
-
-
total
23 850
42 362
-
-
Dividends
93 058
147 139
-
-
withholding

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

27 631
43 855
-
-
total
27 631
43 855
-
-
Income
189 500
189 500
189 500
189 500
Total tax
95 414
86 217
125 632
107 014
After tax
94 086
103 283
63 868
82 486
Living cost
28 660
28 660
28 660
28 660
Free-cash
65 426
74 623
35 208
53 826

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽7245
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
₽68610
₽59983
₽60810
₽69375
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
-
-
-
189 500
unemployment
-
-
-
75
municipal
-
-
-
50 054
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
22 899
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
94 598
Employee
48 578
-
166 024
-
national
-
-
22 441
-
municipal
14 486
-
49 508
-
total
14 486
-
71 949
-
Employer
48 578
-
166 024
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
125 658
189 500
-
-
income
27 645
41 690
-
-
total
27 645
41 690
-
-
Dividends
98 014
147 810
-
-
withholding
29 404
44 343
-
-
total
29 404
44 343
-
-
Income
189 500
189 500
189 500
189 500
Total tax
86 798
86 033
95 425
94 598
After tax
102 702
103 467
94 075
94 902
Living cost
34 092
34 092
34 092
34 092
Free-cash
68 610
69 375
59 983
60 810

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
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.
₽7634
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
₽35403
₽139915
₽92961
₽77293
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
-
-
-
189 500
income
-
-
-
36 937
social contributions
-
-
-
21 603
total
-
-
-
58 540
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
58 192
189 500
-
-
income
12 802
41 690
-
-
total
12 802
41 690
-
-
Dividends
45 389
147 810
-
-
income
9 986
32 518
-
-
total
9 986
32 518
-
-
Income
189 500
189 500
189 500
189 500
Total tax
116 098
74 208
11 586
58 540
After tax
73 402
115 292
177 914
130 960
Living cost
37 999
37 999
37 999
37 999
Free-cash
35 403
77 293
139 915
92 961

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽9286
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
₽109321
₽99945
₽101472
₽112580
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
-
-
-
189 500
income
-
-
-
44 982
health
-
-
-
4 833
social contributions
-
-
-
12 718
total
-
-
-
62 533
Employee
60 443
60 443
179 415
-
health
601
1 028
3 050
-
income
6 347
5 595
44 159
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
53 975
-
Employer
60 443
60 443
179 415
-
health
655
1 119
3 319
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
10 085
-
Corporate
150 528
122 922
-
-
income
18 816
15 366
-
-
total
18 816
15 366
-
-
Dividends
131 712
107 557
-
-
withholding
22 391
18 285
-
-
total
22 391
18 285
-
-
Income
189 500
189 500
189 500
189 500
Total tax
54 684
51 425
64 060
62 533
After tax
134 816
138 075
125 440
126 967
Living cost
25 495
25 495
25 495
25 495
Free-cash
109 321
112 580
99 945
101 472

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽5647
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
₽94320
₽76413
₽93260
₽89820
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
-
-
-
189 500
income
-
-
-
60 071
pensions
-
-
-
7 948
total
-
-
-
68 019
Employee
38 737
-
165 024
-
health
505
-
2 176
-
pensions
2 957
-
9 371
-
income
7 054
-
48 842
-
total
10 516
-
60 389
-
Employer
38 737
-
165 024
-
health
736
-
3 136
-
pensions
3 914
-
21 341
-
total
4 650
-
24 477
-
Corporate
146 113
189 500
-
-
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.

27 761
36 005
-
-
total
27 761
36 005
-
-
Dividends
118 352
153 495
-
-
withholding
24 032
35 454
-
-
total
24 032
35 454
-
-
Income
189 500
189 500
189 500
189 500
Total tax
66 959
71 459
84 866
68 019
After tax
122 541
118 041
104 634
121 481
Living cost
28 221
28 221
28 221
28 221
Free-cash
94 320
89 820
76 413
93 260

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5912
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
₽64926
₽51918
₽58376
₽68502
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
-
-
-
189 500
municipal
-
-
-
1 351
regional
-
-
-
4 738
social contributions
-
-
-
39 341
national
-
-
-
54 380
total
-
-
-
99 810
Employee
66 236
-
189 500
-
social contributions
22 335
-
51 577
-
regional
1 000
-
4 331
-
national
11 193
-
49 119
-
municipal
395
-
1 241
-
total
34 923
-
106 268
-
Employer
66 236
-
189 500
-
total
-
-
-
-
Corporate
123 264
189 500
-
-
nationa
29 584
45 481
-
-
municipal
5 941
9 133
-
-
total
35 525
54 614
-
-
Dividends
87 738
134 886
-
-
withholding
22 812
35 070
-
-
total
22 812
35 070
-
-
Income
189 500
189 500
189 500
189 500
Total tax
93 260
89 684
106 268
99 810
After tax
96 240
99 816
83 232
89 690
Living cost
31 314
31 314
31 314
31 314
Free-cash
64 926
68 502
51 918
58 376

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6690
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
₽12774
₽88080
₽112557
-₽1438
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
-
-
-
189 500
pensions
-
-
-
3 175
income
-
-
-
54 841
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
60 156
Employee
26 407
-
173 927
-
health
3 024
-
19 915
-
pensions
2 974
-
5 822
-
income
3 623
-
43 323
-
total
9 621
-
69 060
-
Employer
26 407
-
173 927
-
pensions
4 294
-
8 407
-
accident
441
-
2 905
-
unemployment
647
-
4 261
-
total
5 382
-
15 573
-
Corporate
157 711
189 500
-
-
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.

141 940
170 550
-
-
total
141 940
170 550
-
-
Dividends
15 771
18 950
-
-
withholding
2 996
3 601
-
-
total
2 996
3 601
-
-
Income
189 500
189 500
189 500
189 500
Total tax
159 939
174 151
84 633
60 156
After tax
29 561
15 349
104 867
129 344
Living cost
16 787
16 787
16 787
16 787
Free-cash
12 774
-1 438
88 080
112 557

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽3204
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
₽77378
₽86012
₽64062
₽67096
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.

-
-
-
189 500
trade
-
-
-
21 950
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.

-
-
-
64 237
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.

-
-
-
5 370
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.

-
-
-
3 534
total
-
-
-
95 091
Employee

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

39 110
-
189 500
-
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.

5 370
-
5 370
-
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.

3 216
-
64 237
-
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.

178
-
3 534
-
total
8 764
-
73 141
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
150 390
189 500
-
-
income
22 558
28 425
-
-
trade
21 581
27 193
-
-
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.

1 241
1 563
-
-
chamber of commerce
340
397
-
-
total
45 720
57 578
-
-
Dividends
104 669
131 922
-
-
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.

1 423
1 797
-
-
withholding
25 868
32 682
-
-
total
27 291
34 479
-
-
Income
189 500
189 500
189 500
189 500
Total tax
81 775
92 057
73 141
95 091
After tax
107 725
97 443
116 359
94 409
Living cost
30 347
30 347
30 347
30 347
Free-cash
77 378
67 096
86 012
64 062

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
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.
₽5707
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
₽128798
₽66704
₽53426
₽135247
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.

-
-
-
189 500
income
-
-
-
41 283
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.

-
-
-
30 116
surtax
-
-
-
48 322
total
-
-
-
119 721
Employee
22 968
-
150 390
-
income
4 089
-
35 224
-
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.

2 527
-
10 304
-
surtax
-
-
21 806
-
total
6 616
-
67 334
-
Employer
22 968
-
150 390
-
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.

5 533
-
22 567
-
surtax
-
-
16 542
-
total
5 533
-
39 109
-
Corporate
160 999
189 500
-
-
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%.

32 200
37 900
-
-
total
32 200
37 900
-
-
Dividends

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

128 799
151 600
-
-
total
-
-
-
-
Income
189 500
189 500
189 500
189 500
Total tax
44 349
37 900
106 443
119 721
After tax
145 151
151 600
83 057
69 779
Living cost
16 353
16 353
16 353
16 353
Free-cash
128 798
135 247
66 704
53 426

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
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.
₽3992
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
₽106870
₽106967
₽107663
₽108475
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
-
-
-
189 500
income
-
-
-
59 768
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
72 064
Employee
14 885
-
181 481
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
59 393
-
total
5 112
-
64 740
-
Employer
14 885
-
181 481
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
171 266
189 500
-
-
income
37 679
41 690
-
-
total
37 679
41 690
-
-
Dividends
133 588
147 810
-
-
withholding
26 717
29 562
-
-
total
26 717
29 562
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 857
71 252
72 760
72 064
After tax
116 643
118 248
116 740
117 436
Living cost
9 773
9 773
9 773
9 773
Free-cash
106 870
108 475
106 967
107 663

Estimated living cost  is ₽9773 per week

₽5807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
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.
₽2949
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
₽99040
₽66539
₽71342
₽101541
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
-
-
-
189 500
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
61 364
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
10 530
total
-
-
-
100 503
Employee
26 471
-
167 418
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
56 662
-
other
-
-
-
-
surtax
94
-
9 588
-
total
8 816
-
83 224
-
Employer
26 471
-
167 418
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
157 456
189 500
-
-
income
40 938
49 269
-
-
total
40 938
49 269
-
-
Dividends
116 518
140 231
-
-
withholding
17 478
21 035
-
-
total
17 478
21 035
-
-
Income
189 500
189 500
189 500
189 500
Total tax
72 805
70 304
105 306
100 503
After tax
116 695
119 196
84 194
88 997
Living cost
17 655
17 655
17 655
17 655
Free-cash
99 040
101 541
66 539
71 342

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
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.
₽5052
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
₽78981
₽24363
₽71951
₽79370
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
-
-
-
189 500
pensions
-
-
-
16 988
chamber of commerce