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
₽ 195500
per

Your estimated
City
free-cash

Valencia , Spain
₽104610
₽84232
₽87520
₽108071
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
-
-
-
195 500
unemployment
-
-
-
509
income
-
-
-
64 639
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 555
total
-
-
-
86 430
Employee
28 977
-
172 343
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
61 948
-
other
28
-
73
-
total
7 426
-
66 562
-
Employer
28 977
-
172 343
-
pensions
6 838
-
17 142
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
581
-
total
9 238
-
23 156
-
Corporate
157 285
195 500
-
-
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.

23 592
29 325
-
-
total
23 592
29 325
-
-
Dividends
133 693
166 175
-
-
withholding
29 084
36 554
-
-
total
29 084
36 554
-
-
Income
195 500
195 500
195 500
195 500
Total tax
69 340
65 879
89 718
86 430
After tax
126 160
129 621
105 782
109 070
Living cost
21 550
21 550
21 550
21 550
Free-cash
104 610
108 071
84 232
87 520

Estimated living cost  is ₽21550 per week

₽14546
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
₽117458
₽97859
₽99430
₽122752
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
-
-
-
195 500
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.

-
-
-
28 601
income
-
-
-
35 683
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
75 188
Employee
28 454
-
165 103
-
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
-
8 341
-
income
4 899
-
35 159
-
total
7 573
-
46 360
-
Employer
28 454
-
165 103
-
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
-
20 260
-
accident
228
-
1 321
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 399
-
Corporate
159 875
195 500
-
-
income
33 574
41 054
-
-
total
33 574
41 054
-
-
Dividends
126 301
154 446
-
-
withholding
8 841
10 812
-
-
total
8 841
10 812
-
-
Income
195 500
195 500
195 500
195 500
Total tax
57 160
51 866
76 759
75 188
After tax
138 340
143 634
118 741
120 312
Living cost
20 882
20 882
20 882
20 882
Free-cash
117 458
122 752
97 859
99 430

Estimated living cost  is ₽20882 per week

₽14754
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
₽153242
₽156886
₽148599
₽156882
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
-
-
-
195 500
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
-
-
-
29 325
health
-
-
-
3 147
total
-
-
-
36 631
Employee
13 600
-
190 132
-
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
-
19 013
-
total
3 330
-
22 976
-
Employer
13 600
-
190 132
-
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
179 232
195 500
-
-
income
17 923
19 550
-
-
total
17 923
19 550
-
-
Dividends
161 309
175 950
-
-
withholding
8 066
8 798
-
-
total
8 066
8 798
-
-
Income
195 500
195 500
195 500
195 500
Total tax
31 988
28 348
28 344
36 631
After tax
163 512
167 152
167 156
158 869
Living cost
10 270
10 270
10 270
10 270
Free-cash
153 242
156 882
156 886
148 599

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
₽76349
₽71557
₽78504
₽71721
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
-
-
-
195 500
income
-
-
-
39 110
other
-
-
-
6 060
health
-
-
-
10 059
social contributions
-
-
-
5 571
pensions
-
-
-
29 384
surtax
-
-
-
-
total
-
-
-
90 184
Employee
33 540
-
148 283
-
pensions
3 792
-
11 566
-
income
1 979
-
34 122
-
social contributions
956
-
4 225
-
surtax
-
-
-
-
total
6 727
-
49 913
-
Employer
33 540
-
148 283
-
health
2 348
-
15 204
-
social contributions
101
-
445
-
pensions
5 510
-
19 244
-
unemployment
1 358
-
6 005
-
other
1 157
-
6 320
-
total
10 474
-
47 218
-
Corporate
151 486
195 500
-
-
income
42 417
54 739
-
-
surtax
-
-
-
-
total
42 417
54 739
-
-
Dividends
109 070
140 761
-
-
social contributions
18 760
24 211
-
-
surtax
-
-
-
-
withholding
13 961
18 017
-
-
total
32 721
42 228
-
-
Income
195 500
195 500
195 500
195 500
Total tax
92 339
96 967
97 131
90 184
After tax
103 161
98 533
98 369
105 316
Living cost
26 812
26 812
26 812
26 812
Free-cash
76 349
71 721
71 557
78 504

Estimated living cost  is ₽26812 per week

₽16906
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
₽60017
₽92166
₽71104
₽64820
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
-
-
-
195 500
pensions
-
-
-
9 182
income
-
-
-
72 721
health
-
-
-
9 664
total
-
-
-
91 567
Employee
66 922
66 922
180 936
-
health
10 272
8 737
9 664
-
pensions
12 046
9 182
9 182
-
income

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

10 954
10 954
37 094
-
total
33 272
28 873
55 940
-
Employer
66 922
66 922
180 936
-
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
117 680
116 859
-
-
income
23 536
23 372
-
-
total
23 536
23 372
-
-
Dividends
94 144
93 487
-
-
income
20 005
19 865
-
-
withholding
14 122
14 022
-
-
total
34 127
33 887
-
-
Income
195 500
195 500
195 500
195 500
Total tax
102 654
97 851
70 505
91 567
After tax
92 846
97 649
124 995
103 933
Living cost
32 829
32 829
32 829
32 829
Free-cash
60 017
64 820
92 166
71 104

Estimated living cost  is ₽32829 per week

₽23265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
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.
₽6082
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
₽83439
₽95931
₽70878
₽74770
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.

-
-
-
195 500
trade
-
-
-
25 053
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.

-
-
-
66 803
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.

-
-
-
3 675
total
-
-
-
100 885
Employee

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

29 974
-
195 500
-
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
-
66 803
-
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
-
3 675
-
total
6 237
-
75 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 526
195 500
-
-
income
24 830
29 325
-
-
trade
26 070
30 792
-
-
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.

1 365
1 614
-
-
chamber of commerce
357
400
-
-
total
52 622
62 131
-
-
Dividends
112 905
133 370
-
-
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.

1 536
1 817
-
-
withholding
27 929
33 045
-
-
total
29 465
34 862
-
-
Income
195 500
195 500
195 500
195 500
Total tax
88 324
96 993
75 832
100 885
After tax
107 176
98 507
119 668
94 615
Living cost
23 737
23 737
23 737
23 737
Free-cash
83 439
74 770
95 931
70 878

Estimated living cost  is ₽23737 per week

₽14931
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
₽120024
₽111039
₽112604
₽124289
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
-
-
-
195 500
income
-
-
-
47 088
health
-
-
-
4 985
social contributions
-
-
-
12 679
total
-
-
-
64 752
Employee
60 260
60 260
185 326
-
health
467
1 025
3 151
-
income
6 561
5 578
46 246
-
social contributions
2 278
5 001
6 746
-
total
9 306
11 604
56 143
-
Employer
60 260
60 260
185 326
-
health
507
1 115
3 428
-
social contributions
2 278
5 001
6 746
-
total
2 785
6 116
10 174
-
Corporate
165 264
129 123
-
-
income
20 658
16 140
-
-
total
20 658
16 140
-
-
Dividends
144 606
112 983
-
-
withholding
24 583
19 207
-
-
total
24 583
19 207
-
-
Income
195 500
195 500
195 500
195 500
Total tax
57 332
53 067
66 317
64 752
After tax
138 168
142 433
129 183
130 748
Living cost
18 144
18 144
18 144
18 144
Free-cash
120 024
124 289
111 039
112 604

Estimated living cost  is ₽18144 per week

₽10874
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
₽85830
₽60449
₽76432
₽86620
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.

-
-
-
195 500
income
-
-
-
26 551
social contributions

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

-
-
-
67 936
surtax
-
-
-
-
total
-
-
-
94 487
Employee
36 043
-
157 979
-
income
7 497
-
55 033
-
social contributions
3 965
-
17 377
-
surtax
-
-
541
-
total
11 462
-
72 951
-
Employer
36 043
-
157 979
-
social contributions
8 560
-
37 519
-
total
8 560
-
37 519
-
Corporate
150 897
195 500
-
-
income
31 688
41 054
-
-
surtax
-
-
-
-
total
31 688
41 054
-
-
Dividends
119 209
154 446
-
-
withholding
33 379
43 245
-
-
total
33 379
43 245
-
-
Income
195 500
195 500
195 500
195 500
Total tax
85 089
84 299
110 470
94 487
After tax
110 411
111 201
85 030
101 013
Living cost
24 581
24 581
24 581
24 581
Free-cash
85 830
86 620
60 449
76 432

Estimated living cost  is ₽24581 per week

₽18392
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
₽178513
₽150326
₽187471
₽179651
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%.

-
-
-
195 500
microenterprise

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

-
-
-
1 955
total
-
-
-
1 955
Employee
7 592
-
195 500
-
income
1 518
-
39 100
-
total
1 518
-
39 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

187 908
195 500
-
-
total
-
-
-
-
Dividends
187 908
195 500
-
-
withholding
9 395
9 775
-
-
total
9 395
9 775
-
-
Income
195 500
195 500
195 500
195 500
Total tax
10 913
9 775
39 100
1 955
After tax
184 587
185 725
156 400
193 545
Living cost
6 074
6 074
6 074
6 074
Free-cash
178 513
179 651
150 326
187 471

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
₽107027
₽63474
₽67718
₽113582
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.

-
-
-
195 500
pensions
-
-
-
35 704
unemployment
-
-
-
293
income
-
-
-
51 529
health
-
-
-
19 236
total
-
-
-
106 762
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.

34 654
-
169 161
-
health
2 238
-
10 928
-
unemployment
49
-
236
-
pensions
5 372
-
26 220
-
income
5 976
-
47 283
-
total
13 635
-
84 667
-
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.

34 654
-
169 161
-
health
2 308
-
11 267
-
pensions
3 067
-
14 971
-
unemployment
21
-
101
-
total
5 396
-
26 339
-
Corporate
155 451
195 500
-
-
income
29 535
37 145
-
-
total
29 535
37 145
-
-
Dividends
125 916
158 355
-
-
withholding
18 887
23 753
-
-
total
18 887
23 753
-
-
Income
195 500
195 500
195 500
195 500
Total tax
67 453
60 898
111 006
106 762
After tax
128 047
134 602
84 494
88 738
Living cost
21 020
21 020
21 020
21 020
Free-cash
107 027
113 582
63 474
67 718

Estimated living cost  is ₽21020 per week

₽14425
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.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽97226
₽107050
₽132773
₽94487
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.

-
-
-
195 500
income
-
-
-
29 325
health

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

-
-
-
4 955
total
-
-
-
34 280
Employee
35 950
-
191 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
52 793
-
total
7 503
-
56 398
-
Employer
35 950
-
191 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
155 948
195 500
-
-
income
54 582
68 426
-
-
total
54 582
68 426
-
-
Dividends
101 366
127 074
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
195 500
195 500
195 500
195 500
Total tax
69 827
72 566
60 003
34 280
After tax
125 673
122 934
135 497
161 220
Living cost
28 447
28 447
28 447
28 447
Free-cash
97 226
94 487
107 050
132 773

Estimated living cost  is ₽28447 per week

₽18738
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
₽103062
₽103213
₽108933
₽102655
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
-
-
-
195 500
income
-
-
-
29 325
health
-
-
-
13 646
social contributions
-
-
-
26 979
total
-
-
-
69 950
Employee
26 571
-
195 500
-
health
1 854
-
13 646
-
income
4 432
-
35 045
-
social contributions
3 667
-
26 979
-
total
9 953
-
75 670
-
Employer
26 571
-
195 500
-
total
-
-
-
-
Corporate
168 929
195 500
-
-
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%.

8 447
9 775
-
-
total
8 447
9 775
-
-
Dividends
160 482
185 725
-
-
social contributions
22 147
25 630
-
-
withholding
24 073
27 859
-
-
health
11 201
12 964
-
-
total
57 421
66 453
-
-
Income
195 500
195 500
195 500
195 500
Total tax
75 821
76 228
75 670
69 950
After tax
119 679
119 272
119 830
125 550
Living cost
16 617
16 617
16 617
16 617
Free-cash
103 062
102 655
103 213
108 933

Estimated living cost  is ₽16617 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
₽104840
₽87193
₽96126
₽112665
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
-
-
-
195 500
income
-
-
-
21 524
health
-
-
-
26 393
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
3 903
total
-
-
-
77 437
Employee
32 261
-
159 236
-
health
4 355
-
21 497
-
solidarity contribution
-
-
3 102
-
income
3 871
-
19 806
-
social contributions
2 097
-
5 702
-
total
10 323
-
50 107
-
Employer
32 261
-
159 236
-
health
2 903
-
14 331
-
social contributions
8 065
-
21 932
-
total
10 968
-
36 263
-
Corporate
152 271
195 500
-
-
income
28 931
37 145
-
-
total
28 931
37 145
-
-
Dividends
123 339
158 355
-
-
withholding
18 501
23 753
-
-
total
18 501
23 753
-
-
Income
195 500
195 500
195 500
195 500
Total tax
68 723
60 898
86 370
77 437
After tax
126 777
134 602
109 130
118 063
Living cost
21 937
21 937
21 937
21 937
Free-cash
104 840
112 665
87 193
96 126

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
₽174486
₽146935
₽184080
₽176260
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%.

-
-
-
195 500
microenterprise

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

-
-
-
1 955
total
-
-
-
1 955
Employee
11 832
-
195 500
-
income
2 366
-
39 100
-
total
2 366
-
39 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

183 668
195 500
-
-
total
-
-
-
-
Dividends
183 668
195 500
-
-
withholding
9 183
9 775
-
-
total
9 183
9 775
-
-
Income
195 500
195 500
195 500
195 500
Total tax
11 549
9 775
39 100
1 955
After tax
183 951
185 725
156 400
193 545
Living cost
9 465
9 465
9 465
9 465
Free-cash
174 486
176 260
146 935
184 080

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
₽66067
₽60519
₽67466
₽60683
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
-
-
-
195 500
income
-
-
-
39 110
other
-
-
-
6 060
health
-
-
-
10 059
social contributions
-
-
-
5 571
pensions
-
-
-
29 384
surtax
-
-
-
-
total
-
-
-
90 184
Employee
49 083
-
148 283
-
pensions
5 552
-
11 566
-
income
4 283
-
34 122
-
social contributions
1 398
-
4 225
-
surtax
-
-
-
-
total
11 233
-
49 913
-
Employer
49 083
-
148 283
-
health
3 435
-
15 204
-
social contributions
147
-
445
-
pensions
8 065
-
19 244
-
unemployment
1 988
-
6 005
-
other
1 694
-
6 320
-
total
15 329
-
47 218
-
Corporate
131 088
195 500
-
-
income
36 705
54 739
-
-
surtax
-
-
-
-
total
36 705
54 739
-
-
Dividends
94 383
140 761
-
-
social contributions
16 234
24 211
-
-
surtax
-
-
-
-
withholding
12 082
18 017
-
-
total
28 316
42 228
-
-
Income
195 500
195 500
195 500
195 500
Total tax
91 583
96 967
97 131
90 184
After tax
103 917
98 533
98 369
105 316
Living cost
37 850
37 850
37 850
37 850
Free-cash
66 067
60 683
60 519
67 466

Estimated living cost  is ₽37850 per week

₽25616
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
₽123892
₽114550
₽114550
₽127737
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.

-
-
-
195 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
45 611
health
-
-
-
5 948
total
-
-
-
67 438
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

20 376
-
185 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
45 611
-
total
6 864
-
57 102
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

20 376
-
185 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
171 477
195 500
-
-
income
25 722
29 325
-
-
total
25 722
29 325
-
-
Dividends
145 756
166 175
-
-
withholding
21 863
24 926
-
-
total
21 863
24 926
-
-
Income
195 500
195 500
195 500
195 500
Total tax
58 096
54 251
67 438
67 438
After tax
137 404
141 249
128 062
128 062
Living cost
13 512
13 512
13 512
13 512
Free-cash
123 892
127 737
114 550
114 550

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽58909
₽93450
₽98624
₽36108
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
-
-
-
195 500
pensions
-
-
-
17 987
city
-
-
-
2 061
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.

-
-
-
3 910
health
-
-
-
439
regional
-
-
-
12 171
national
-
-
-
7 019
total
-
-
-
43 587
Employee
62 361
-
176 897
-
health
141
-
398
-
unemployment
-
-
-
-
city
669
-
1 926
-
pensions
5 239
-
12 720
-
regional
2 042
-
11 038
-
national
295
-
6 023
-
total
8 386
-
32 105
-
Employer
62 361
-
176 897
-
health
141
-
398
-
pensions
5 239
-
12 720
-
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
-
3 538
-
total
6 627
-
16 656
-
Corporate
125 826
195 500
-
-
regional
26 612
41 348
-
-
national
10 695
16 618
-
-
total
37 307
57 966
-
-
Dividends
88 519
137 533
-
-
withholding
30 982
48 137
-
-
total
30 982
48 137
-
-
Income
195 500
195 500
195 500
195 500
Total tax
83 302
106 103
48 761
43 587
After tax
112 198
89 397
146 739
151 913
Living cost
53 289
53 289
53 289
53 289
Free-cash
58 909
36 108
93 450
98 624

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
₽91270
₽65267
₽87659
₽88434
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

-
-
-
195 500
municipal
-
-
-
34 707
health
-
-
-
2 684
national
-
-
-
40 363
total
-
-
-
77 754
Employee
41 230
-
164 465
-
health
308
-
2 205
-
unemployment
619
-
2 467
-
pensions
2 782
-
11 102
-
national
681
-
26 573
-
municipal
6 753
-
26 764
-
total
11 143
-
69 111
-
Employer
41 230
-
164 465
-
health
317
-
1 267
-
pensions
7 153
-
28 534
-
accident
42
-
165
-
unemployment
268
-
1 069
-
total
7 780
-
31 035
-
Corporate
146 490
195 500
-
-
income
29 298
39 100
-
-
total
29 298
39 100
-
-
Dividends

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

87 894
117 300
-
-
municipal
15 820
21 115
-
-
national
10 102
16 764
-
-
total
25 922
37 879
-
-
Income
195 500
195 500
195 500
195 500
Total tax
74 143
76 979
100 146
77 754
After tax
121 357
118 521
95 354
117 746
Living cost
30 087
30 087
30 087
30 087
Free-cash
91 270
88 434
65 267
87 659

Estimated living cost  is ₽30087 per week

₽19653
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
₽68890
₽37046
₽56554
₽77639
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
-
-
-
195 500
communal

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

-
-
-
10 557
social contributions
-
-
-
19 538
national
-
-
-
80 277
total
-
-
-
110 372
Employee

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

56 056
-
151 422
-
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
-
7 118
-
communal

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

2 924
-
7 898
-
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
-
1 318
-
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
-
11 356
-
national
17 234
-
58 111
-
total
27 484
-
85 801
-
Employer

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

56 056
-
151 422
-
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
-
9 313
-
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
-
13 416
-
surtax
6 356
-
17 171
-
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
-
1 968
-
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
-
2 211
-
total
16 317
-
44 079
-
Corporate
123 127
195 500
-
-
income
24 626
43 310
-
-
surtax
492
866
-
-
total
25 118
44 176
-
-
Dividends
98 009
151 324
-
-
withholding

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

29 117
45 111
-
-
total
29 117
45 111
-
-
Income
195 500
195 500
195 500
195 500
Total tax
98 036
89 287
129 880
110 372
After tax
97 464
106 213
65 620
85 128
Living cost
28 574
28 574
28 574
28 574
Free-cash
68 890
77 639
37 046
56 554

Estimated living cost  is ₽28574 per week

₽18405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
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
₽71966
₽62752
₽63578
₽72731
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
-
-
-
195 500
unemployment
-
-
-
75
municipal
-
-
-
51 858
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
24 456
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
97 909
Employee
48 465
-
172 078
-
national
-
-
24 000
-
municipal
14 452
-
51 314
-
total
14 452
-
75 314
-
Employer
48 465
-
172 078
-
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
131 808
195 500
-
-
income
28 998
43 010
-
-
total
28 998
43 010
-
-
Dividends
102 810
152 490
-
-
withholding
30 843
45 747
-
-
total
30 843
45 747
-
-
Income
195 500
195 500
195 500
195 500
Total tax
89 521
88 757
98 735
97 909
After tax
105 979
106 743
96 765
97 591
Living cost
34 013
34 013
34 013
34 013
Free-cash
71 966
72 731
62 752
63 578

Estimated living cost  is ₽34013 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
₽39310
₽146074
₽97229
₽81065
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
-
-
-
195 500
income
-
-
-
38 107
social contributions
-
-
-
22 287
total
-
-
-
60 394
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
64 612
195 500
-
-
income
14 215
43 010
-
-
total
14 215
43 010
-
-
Dividends
50 397
152 490
-
-
income
11 087
33 548
-
-
total
11 087
33 548
-
-
Income
195 500
195 500
195 500
195 500
Total tax
118 313
76 558
11 549
60 394
After tax
77 187
118 942
183 951
135 106
Living cost
37 877
37 877
37 877
37 877
Free-cash
39 310
81 065
146 074
97 229

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
₽113764
₽103765
₽105330
₽117015
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
-
-
-
195 500
income
-
-
-
47 088
health
-
-
-
4 985
social contributions
-
-
-
12 679
total
-
-
-
64 752
Employee
60 260
60 260
185 326
-
health
599
1 025
3 151
-
income
6 328
5 578
46 246
-
social contributions
2 928
5 001
6 746
-
total
9 855
11 604
56 143
-
Employer
60 260
60 260
185 326
-
health
653
1 115
3 428
-
social contributions
2 928
5 001
6 746
-
total
3 581
6 116
10 174
-
Corporate
156 645
129 123
-
-
income
19 581
16 140
-
-
total
19 581
16 140
-
-
Dividends
137 064
112 983
-
-
withholding
23 301
19 207
-
-
total
23 301
19 207
-
-
Income
195 500
195 500
195 500
195 500
Total tax
56 318
53 067
66 317
64 752
After tax
139 182
142 433
129 183
130 748
Living cost
25 418
25 418
25 418
25 418
Free-cash
113 764
117 015
103 765
105 330

Estimated living cost  is ₽25418 per week

₽17376
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.
₽5630
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
₽97627
₽79489
₽96842
₽93143
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
-
-
-
195 500
income
-
-
-
62 466
pensions
-
-
-
8 056
total
-
-
-
70 522
Employee
38 621
-
170 205
-
health
504
-
2 226
-
pensions
2 948
-
9 456
-
income
7 033
-
50 898
-
total
10 485
-
62 580
-
Employer
38 621
-
170 205
-
health
734
-
3 235
-
pensions
3 902
-
22 060
-
total
4 636
-
25 295
-
Corporate
152 243
195 500
-
-
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.

28 927
37 144
-
-
total
28 927
37 144
-
-
Dividends
123 317
158 356
-
-
withholding
25 689
37 077
-
-
total
25 689
37 077
-
-
Income
195 500
195 500
195 500
195 500
Total tax
69 737
74 221
87 875
70 522
After tax
125 763
121 279
107 625
124 978
Living cost
28 136
28 136
28 136
28 136
Free-cash
97 627
93 143
79 489
96 842

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
₽68192
₽55230
₽61666
₽71757
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
-
-
-
195 500
municipal
-
-
-
1 407
regional
-
-
-
4 943
social contributions
-
-
-
39 222
national
-
-
-
57 043
total
-
-
-
102 615
Employee
66 037
-
195 500
-
social contributions
22 267
-
51 421
-
regional
997
-
4 537
-
national
11 160
-
51 796
-
municipal
394
-
1 297
-
total
34 818
-
109 051
-
Employer
66 037
-
195 500
-
total
-
-
-
-
Corporate
129 463
195 500
-
-
nationa
31 071
46 920
-
-
municipal
6 240
9 423
-
-
total
37 311
56 343
-
-
Dividends
92 152
139 158
-
-
withholding
23 960
36 181
-
-
total
23 960
36 181
-
-
Income
195 500
195 500
195 500
195 500
Total tax
96 089
92 524
109 051
102 615
After tax
99 411
102 976
86 449
92 885
Living cost
31 219
31 219
31 219
31 219
Free-cash
68 192
71 757
55 230
61 666

Estimated living cost  is ₽31219 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
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
₽13267
₽91616
₽116686
-₽902
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
-
-
-
195 500
pensions
-
-
-
3 165
income
-
-
-
56 779
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
62 077
Employee
26 328
-
179 714
-
health
3 015
-
20 577
-
pensions
2 965
-
5 804
-
income
3 612
-
44 981
-
total
9 592
-
71 362
-
Employer
26 328
-
179 714
-
pensions
4 281
-
8 381
-
accident
440
-
3 001
-
unemployment
645
-
4 403
-
total
5 366
-
15 785
-
Corporate
163 807
195 500
-
-
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.

147 426
175 950
-
-
total
147 426
175 950
-
-
Dividends
16 381
19 550
-
-
withholding
3 112
3 715
-
-
total
3 112
3 715
-
-
Income
195 500
195 500
195 500
195 500
Total tax
165 496
179 665
87 147
62 077
After tax
30 004
15 835
108 353
133 423
Living cost
16 737
16 737
16 737
16 737
Free-cash
13 267
-902
91 616
116 686

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
₽80518
₽89413
₽66587
₽70265
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.

-
-
-
195 500
trade
-
-
-
22 826
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.

-
-
-
66 803
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.

-
-
-
3 675
total
-
-
-
98 658
Employee

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

38 992
-
195 500
-
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
-
66 803
-
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
-
3 675
-
total
8 737
-
75 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 508
195 500
-
-
income
23 476
29 325
-
-
trade
22 459
28 054
-
-
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.

1 291
1 614
-
-
chamber of commerce
348
406
-
-
total
47 574
59 399
-
-
Dividends
108 934
136 101
-
-
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.

1 481
1 854
-
-
withholding
26 935
33 727
-
-
total
28 416
35 581
-
-
Income
195 500
195 500
195 500
195 500
Total tax
84 727
94 980
75 832
98 658
After tax
110 773
100 520
119 668
96 842
Living cost
30 255
30 255
30 255
30 255
Free-cash
80 518
70 265
89 413
66 587

Estimated living cost  is ₽30255 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
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
₽133669
₽69706
₽56097
₽140096
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.

-
-
-
195 500
income
-
-
-
43 221
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.

-
-
-
30 026
surtax
-
-
-
49 852
total
-
-
-
123 099
Employee
22 899
-
155 857
-
income
4 076
-
36 975
-
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
-
10 273
-
surtax
-
-
22 599
-
total
6 595
-
69 847
-
Employer
22 899
-
155 857
-
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
-
22 499
-
surtax
-
-
17 144
-
total
5 516
-
39 643
-
Corporate
167 085
195 500
-
-
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%.

33 416
39 100
-
-
total
33 416
39 100
-
-
Dividends

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

133 669
156 400
-
-
total
-
-
-
-
Income
195 500
195 500
195 500
195 500
Total tax
45 527
39 100
109 490
123 099
After tax
149 973
156 400
86 010
72 401
Living cost
16 304
16 304
16 304
16 304
Free-cash
133 669
140 096
69 706
56 097

Estimated living cost  is ₽16304 per week

₽10401
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
₽110648
₽110917
₽111611
₽112249
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
-
-
-
195 500
income
-
-
-
61 887
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
74 146
Employee
14 840
-
187 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
61 514
-
total
5 097
-
66 844
-
Employer
14 840
-
187 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
177 321
195 500
-
-
income
39 011
43 010
-
-
total
39 011
43 010
-
-
Dividends
138 311
152 490
-
-
withholding
27 662
30 498
-
-
total
27 662
30 498
-
-
Income
195 500
195 500
195 500
195 500
Total tax
75 109
73 508
74 840
74 146
After tax
120 391
121 992
120 660
121 354
Living cost
9 743
9 743
9 743
9 743
Free-cash
110 648
112 249
110 917
111 611

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
₽102874
₽69361
₽74154
₽105367
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
-
-
-
195 500
pensions
-
-
-
20 918
unemployment
-
-
-
178
income
-
-
-
64 135
other
-
-
-
-
health
-
-
-
7 425
surtax
-
-
-
11 088
total
-
-
-
103 744
Employee
26 391
-
173 484
-
health
674
-
2 666
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 976
-
income
4 424
-
59 448
-
other
-
-
-
-
surtax
94
-
10 151
-
total
8 790
-
86 521
-
Employer
26 391
-
173 484
-
health
1 200
-
4 759
-
pensions
3 519
-
13 942
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 016
-
Corporate
163 553
195 500
-
-
income
42 524
50 830
-
-
total
42 524
50 830
-
-
Dividends
121 029
144 670
-
-
withholding
18 154
21 701
-
-
total
18 154
21 701
-
-
Income
195 500
195 500
195 500
195 500
Total tax
75 024
72 531
108 537
103 744
After tax
120 476
122 969
86 963
91 756
Living cost
17 602
17 602
17 602
17 602
Free-cash
102 874
105 367
69 361
74 154

Estimated living cost  is ₽17602 per week

₽10627
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
₽82314
₽25818
₽74994
₽82702
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
-
-
-
195 500
pensions
-
-
-
16 937
chamber of commerce