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
₽ 199500
per

Your estimated
City
free-cash

Valencia , Spain
₽107337
₽86542
₽89814
₽110784
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
-
-
-
199 500
unemployment
-
-
-
506
income
-
-
-
66 549
other
-
-
-
73
accident
-
-
-
651
pensions
-
-
-
20 459
total
-
-
-
88 238
Employee
28 840
-
176 453
-
unemployment
447
-
1 120
-
pensions
1 356
-
3 398
-
income
5 560
-
63 871
-
other
28
-
73
-
total
7 391
-
68 462
-
Employer
28 840
-
176 453
-
pensions
6 806
-
17 062
-
accident
571
-
1 431
-
unemployment
1 587
-
3 976
-
other
231
-
579
-
total
9 195
-
23 048
-
Corporate
161 465
199 500
-
-
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.

24 220
29 924
-
-
total
24 220
29 924
-
-
Dividends
137 245
169 576
-
-
withholding
29 908
37 344
-
-
total
29 908
37 344
-
-
Income
199 500
199 500
199 500
199 500
Total tax
70 714
67 268
91 510
88 238
After tax
128 786
132 232
107 990
111 262
Living cost
21 448
21 448
21 448
21 448
Free-cash
107 337
110 784
86 542
89 814

Estimated living cost  is ₽21448 per week

₽14477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽120520
₽101059
₽102654
₽125790
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
-
-
-
199 500
pensions

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

-
-
-
28 466
income
-
-
-
36 745
other
-
-
-
5 633
health
-
-
-
5 219
total
-
-
-
76 063
Employee
28 320
-
169 206
-
health
397
-
1 661
-
unemployment
283
-
1 186
-
pensions

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

1 982
-
8 302
-
income
4 876
-
36 214
-
total
7 538
-
47 363
-
Employer
28 320
-
169 206
-
health
397
-
1 661
-
pensions

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

4 815
-
20 164
-
accident
226
-
1 354
-
unemployment
283
-
1 186
-
other
1 417
-
5 930
-
total
7 138
-
30 295
-
Corporate
164 043
199 500
-
-
income
34 449
41 894
-
-
total
34 449
41 894
-
-
Dividends
129 593
157 606
-
-
withholding
9 072
11 033
-
-
total
9 072
11 033
-
-
Income
199 500
199 500
199 500
199 500
Total tax
58 197
52 927
77 658
76 063
After tax
141 303
146 573
121 842
123 437
Living cost
20 783
20 783
20 783
20 783
Free-cash
120 520
125 790
101 059
102 654

Estimated living cost  is ₽20783 per week

₽14685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽156720
₽160564
₽152071
₽160344
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
-
-
-
199 500
pensions

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

-
-
-
4 033
unemployment
-
-
-
109
income
-
-
-
29 925
health
-
-
-
3 134
total
-
-
-
37 201
Employee
13 543
-
194 154
-
health
623
-
1 253
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
pensions

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

1 189
-
2 393
-
income
1 354
-
19 416
-
total
3 315
-
23 362
-
Employer
13 543
-
194 154
-
health
935
-
1 880
-
pensions

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

1 493
-
3 003
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
unemployment
81
-
163
-
total
2 658
-
5 346
-
Corporate
183 299
199 500
-
-
income
18 330
19 950
-
-
total
18 330
19 950
-
-
Dividends
164 969
179 550
-
-
withholding
8 249
8 978
-
-
total
8 249
8 978
-
-
Income
199 500
199 500
199 500
199 500
Total tax
32 552
28 928
28 708
37 201
After tax
166 948
170 572
170 792
162 299
Living cost
10 228
10 228
10 228
10 228
Free-cash
156 720
160 344
160 564
152 071

Estimated living cost  is ₽10228 per week

₽5971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽78468
₽73029
₽80401
₽73863
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
-
-
-
199 500
income
-
-
-
40 517
other
-
-
-
6 184
health
-
-
-
10 374
social contributions
-
-
-
5 684
pensions
-
-
-
29 654
surtax
-
-
-
-
total
-
-
-
92 413
Employee
33 382
-
151 121
-
pensions
3 774
-
11 868
-
income
1 970
-
35 232
-
social contributions
952
-
4 306
-
surtax
-
-
-
-
total
6 696
-
51 406
-
Employer
33 382
-
151 121
-
health
2 337
-
15 593
-
social contributions
101
-
453
-
pensions
5 484
-
19 738
-
unemployment
1 351
-
6 120
-
other
1 152
-
6 475
-
total
10 425
-
48 379
-
Corporate
155 693
199 500
-
-
income
43 594
55 860
-
-
surtax
-
-
-
-
total
43 594
55 860
-
-
Dividends
112 100
143 640
-
-
social contributions
19 282
24 705
-
-
surtax
-
-
-
-
withholding
14 349
18 386
-
-
total
33 631
43 091
-
-
Income
199 500
199 500
199 500
199 500
Total tax
94 346
98 951
99 785
92 413
After tax
105 154
100 549
99 715
107 087
Living cost
26 686
26 686
26 686
26 686
Free-cash
78 468
73 863
73 029
80 401

Estimated living cost  is ₽26686 per week

₽16826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽62246
₽94874
₽73145
₽67023
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
-
-
-
199 500
pensions
-
-
-
9 138
income
-
-
-
74 925
health
-
-
-
9 618
total
-
-
-
93 681
Employee
66 607
66 607
185 005
-
health
10 223
8 696
9 618
-
pensions
11 989
9 138
9 138
-
income

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

10 902
10 902
38 701
-
total
33 114
28 736
57 457
-
Employer
66 607
66 607
185 005
-
health
4 630
4 630
5 753
-
pensions
4 636
4 636
5 762
-
unemployment
2 398
2 398
2 980
-
total
11 664
11 664
14 495
-
Corporate
122 046
121 229
-
-
income
24 409
24 246
-
-
total
24 409
24 246
-
-
Dividends
97 637
96 983
-
-
income
20 747
20 610
-
-
withholding
14 646
14 547
-
-
total
35 393
35 157
-
-
Income
199 500
199 500
199 500
199 500
Total tax
104 580
99 803
71 952
93 681
After tax
94 920
99 697
127 548
105 819
Living cost
32 674
32 674
32 674
32 674
Free-cash
62 246
67 023
94 874
73 145

Estimated living cost  is ₽32674 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽85519
₽98221
₽72511
₽76893
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.

-
-
-
199 500
trade
-
-
-
25 710
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.

-
-
-
68 555
health

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

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

-
-
-
5 329
surtax

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

-
-
-
3 770
total
-
-
-
103 364
Employee

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

29 833
-
199 500
-
health

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

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

5 329
-
5 329
-
income

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

833
-
68 555
-
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
-
3 770
-
total
6 208
-
77 654
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 667
199 500
-
-
income
25 450
29 924
-
-
trade
26 723
31 421
-
-
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.

1 400
1 646
-
-
chamber of commerce
363
406
-
-
total
53 936
63 397
-
-
Dividends
115 732
136 103
-
-
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.

1 575
1 855
-
-
withholding
28 637
33 730
-
-
total
30 212
35 585
-
-
Income
199 500
199 500
199 500
199 500
Total tax
90 356
98 982
77 654
103 364
After tax
109 144
100 518
121 846
96 136
Living cost
23 625
23 625
23 625
23 625
Free-cash
85 519
76 893
98 221
72 511

Estimated living cost  is ₽23625 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₽123030
₽113602
₽115189
₽127274
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
-
-
-
199 500
income
-
-
-
48 545
health
-
-
-
5 087
social contributions
-
-
-
12 620
total
-
-
-
66 252
Employee
59 977
59 977
189 284
-
health
465
1 020
3 218
-
income
6 530
5 552
47 691
-
social contributions
2 268
4 978
6 714
-
total
9 263
11 550
57 623
-
Employer
59 977
59 977
189 284
-
health
505
1 110
3 502
-
social contributions
2 268
4 978
6 714
-
total
2 773
6 088
10 216
-
Corporate
169 406
133 436
-
-
income
21 175
16 680
-
-
total
21 175
16 680
-
-
Dividends
148 231
116 756
-
-
withholding
25 200
19 849
-
-
total
25 200
19 849
-
-
Income
199 500
199 500
199 500
199 500
Total tax
58 411
54 167
67 839
66 252
After tax
141 089
145 333
131 661
133 248
Living cost
18 059
18 059
18 059
18 059
Free-cash
123 030
127 274
113 602
115 189

Estimated living cost  is ₽18059 per week

₽10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽88225
₽61917
₽78392
₽89012
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.

-
-
-
199 500
income
-
-
-
27 317
social contributions

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

-
-
-
69 326
surtax
-
-
-
-
total
-
-
-
96 643
Employee
35 873
-
161 211
-
income
7 462
-
56 471
-
social contributions
3 946
-
17 734
-
surtax
-
-
626
-
total
11 408
-
74 831
-
Employer
35 873
-
161 211
-
social contributions
8 520
-
38 287
-
total
8 520
-
38 287
-
Corporate
155 107
199 500
-
-
income
32 572
41 894
-
-
surtax
-
-
-
-
total
32 572
41 894
-
-
Dividends
122 535
157 606
-
-
withholding
34 310
44 129
-
-
total
34 310
44 129
-
-
Income
199 500
199 500
199 500
199 500
Total tax
86 810
86 023
113 118
96 643
After tax
112 690
113 477
86 382
102 857
Living cost
24 465
24 465
24 465
24 465
Free-cash
88 225
89 012
61 917
78 392

Estimated living cost  is ₽24465 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽182615
₽153781
₽191686
₽183706
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%.

-
-
-
199 500
microenterprise

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

-
-
-
1 995
total
-
-
-
1 995
Employee
7 274
-
199 500
-
income
1 455
-
39 900
-
total
1 455
-
39 900
-
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%.

192 226
199 500
-
-
total
-
-
-
-
Dividends
192 226
199 500
-
-
withholding
9 611
9 975
-
-
total
9 611
9 975
-
-
Income
199 500
199 500
199 500
199 500
Total tax
11 066
9 975
39 900
1 995
After tax
188 434
189 525
159 600
197 505
Living cost
5 819
5 819
5 819
5 819
Free-cash
182 615
183 706
153 781
191 686

Estimated living cost  is ₽5819 per week

₽3606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽109911
₽64833
₽69165
₽116435
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.

-
-
-
199 500
pensions
-
-
-
36 434
unemployment
-
-
-
299
income
-
-
-
53 051
health
-
-
-
19 630
total
-
-
-
109 414
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 491
-
172 622
-
health
2 228
-
11 151
-
unemployment
49
-
241
-
pensions
5 346
-
26 757
-
income
5 948
-
48 718
-
total
13 571
-
86 867
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 491
-
172 622
-
health
2 297
-
11 498
-
pensions
3 052
-
15 277
-
unemployment
21
-
104
-
total
5 370
-
26 879
-
Corporate
159 639
199 500
-
-
income
30 331
37 905
-
-
total
30 331
37 905
-
-
Dividends
129 308
161 595
-
-
withholding
19 396
24 239
-
-
total
19 396
24 239
-
-
Income
199 500
199 500
199 500
199 500
Total tax
68 668
62 144
113 746
109 414
After tax
130 832
137 356
85 754
90 086
Living cost
20 921
20 921
20 921
20 921
Free-cash
109 911
116 435
64 833
69 165

Estimated living cost  is ₽20921 per week

₽14358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽99966
₽109746
₽136284
₽97241
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.

-
-
-
199 500
income
-
-
-
29 924
health

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

-
-
-
4 979
total
-
-
-
34 903
Employee
35 781
-
195 912
-
social contributions
3 585
-
3 588
-
income
3 882
-
54 265
-
total
7 467
-
57 853
-
Employer
35 781
-
195 912
-
social contributions
3 585
-
3 588
-
total
3 585
-
3 588
-
Corporate
160 134
199 500
-
-
income
56 048
69 825
-
-
total
56 048
69 825
-
-
Dividends
104 087
129 675
-
-
social contributions
4 121
4 121
-
-
total
4 121
4 121
-
-
Income
199 500
199 500
199 500
199 500
Total tax
71 221
73 946
61 441
34 903
After tax
128 279
125 554
138 059
164 597
Living cost
28 313
28 313
28 313
28 313
Free-cash
99 966
97 241
109 746
136 284

Estimated living cost  is ₽28313 per week

₽18650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽105576
₽105641
₽111581
₽105175
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
-
-
-
199 500
income
-
-
-
29 924
health
-
-
-
13 925
social contributions
-
-
-
27 531
total
-
-
-
71 380
Employee
26 446
-
199 500
-
health
1 846
-
13 925
-
income
4 411
-
35 864
-
social contributions
3 650
-
27 531
-
total
9 907
-
77 320
-
Employer
26 446
-
199 500
-
total
-
-
-
-
Corporate
173 054
199 500
-
-
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%.

8 653
9 975
-
-
total
8 653
9 975
-
-
Dividends
164 401
189 525
-
-
social contributions
22 688
26 154
-
-
withholding
24 661
28 429
-
-
health
11 476
13 228
-
-
total
58 825
67 811
-
-
Income
199 500
199 500
199 500
199 500
Total tax
77 385
77 786
77 320
71 380
After tax
122 115
121 714
122 180
128 120
Living cost
16 539
16 539
16 539
16 539
Free-cash
105 576
105 175
105 641
111 581

Estimated living cost  is ₽16539 per week

₽11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽107716
₽89807
₽98973
₽115509
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
-
-
-
199 500
income
-
-
-
22 058
health
-
-
-
26 932
social contributions
-
-
-
25 512
solidarity contribution
-
-
-
4 178
total
-
-
-
78 680
Employee
32 129
-
162 988
-
health
4 337
-
22 003
-
solidarity contribution
-
-
3 356
-
income
3 855
-
20 296
-
social contributions
2 088
-
5 679
-
total
10 280
-
51 334
-
Employer
32 129
-
162 988
-
health
2 892
-
14 669
-
social contributions
8 032
-
21 843
-
total
10 924
-
36 512
-
Corporate
156 448
199 500
-
-
income
29 725
37 905
-
-
total
29 725
37 905
-
-
Dividends
126 723
161 595
-
-
withholding
19 008
24 239
-
-
total
19 008
24 239
-
-
Income
199 500
199 500
199 500
199 500
Total tax
69 937
62 144
87 846
78 680
After tax
129 563
137 356
111 654
120 820
Living cost
21 847
21 847
21 847
21 847
Free-cash
107 716
115 509
89 807
98 973

Estimated living cost  is ₽21847 per week

₽16247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽178757
₽150532
₽188437
₽180457
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%.

-
-
-
199 500
microenterprise

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

-
-
-
1 995
total
-
-
-
1 995
Employee
11 335
-
199 500
-
income
2 267
-
39 900
-
total
2 267
-
39 900
-
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%.

188 165
199 500
-
-
total
-
-
-
-
Dividends
188 165
199 500
-
-
withholding
9 408
9 975
-
-
total
9 408
9 975
-
-
Income
199 500
199 500
199 500
199 500
Total tax
11 675
9 975
39 900
1 995
After tax
187 825
189 525
159 600
197 505
Living cost
9 068
9 068
9 068
9 068
Free-cash
178 757
180 457
150 532
188 437

Estimated living cost  is ₽9068 per week

₽6136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₽68238
₽62043
₽69415
₽62877
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
-
-
-
199 500
income
-
-
-
40 517
other
-
-
-
6 184
health
-
-
-
10 374
social contributions
-
-
-
5 684
pensions
-
-
-
29 654
surtax
-
-
-
-
total
-
-
-
92 413
Employee
48 852
-
151 121
-
pensions
5 525
-
11 868
-
income
4 262
-
35 232
-
social contributions
1 391
-
4 306
-
surtax
-
-
-
-
total
11 178
-
51 406
-
Employer
48 852
-
151 121
-
health
3 419
-
15 593
-
social contributions
147
-
453
-
pensions
8 027
-
19 738
-
unemployment
1 979
-
6 120
-
other
1 686
-
6 475
-
total
15 258
-
48 379
-
Corporate
135 391
199 500
-
-
income
37 910
55 860
-
-
surtax
-
-
-
-
total
37 910
55 860
-
-
Dividends
97 481
143 640
-
-
social contributions
16 766
24 705
-
-
surtax
-
-
-
-
withholding
12 478
18 386
-
-
total
29 244
43 091
-
-
Income
199 500
199 500
199 500
199 500
Total tax
93 590
98 951
99 785
92 413
After tax
105 910
100 549
99 715
107 087
Living cost
37 672
37 672
37 672
37 672
Free-cash
68 238
62 877
62 043
69 415

Estimated living cost  is ₽37672 per week

₽25496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽126873
₽117719
₽117718
₽130698
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.

-
-
-
199 500
pensions
-
-
-
14 934
unemployment
-
-
-
862
income
-
-
-
46 629
health
-
-
-
5 916
total
-
-
-
68 341
Employee

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

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

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

20 268
-
189 219
-
health
1 044
-
2 958
-
unemployment
152
-
431
-
pensions
2 837
-
8 041
-
income
2 794
-
46 629
-
total
6 827
-
58 059
-
Employer

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

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

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

20 268
-
189 219
-
health
1 044
-
2 958
-
pensions
2 432
-
6 892
-
unemployment
152
-
431
-
total
3 628
-
10 281
-
Corporate
175 604
199 500
-
-
income
26 341
29 925
-
-
total
26 341
29 925
-
-
Dividends
149 264
169 575
-
-
withholding
22 390
25 436
-
-
total
22 390
25 436
-
-
Income
199 500
199 500
199 500
199 500
Total tax
59 186
55 361
68 340
68 341
After tax
140 314
144 139
131 160
131 159
Living cost
13 441
13 441
13 441
13 441
Free-cash
126 873
130 698
117 719
117 718

Estimated living cost  is ₽13441 per week

₽9050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽60569
₽96049
₽101238
₽37642
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
-
-
-
199 500
pensions
-
-
-
18 353
city
-
-
-
2 103
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.

-
-
-
3 990
health
-
-
-
449
regional
-
-
-
12 498
national
-
-
-
7 285
total
-
-
-
44 678
Employee
62 707
-
180 574
-
health
142
-
406
-
unemployment
-
-
-
-
city
673
-
1 967
-
pensions
5 268
-
12 923
-
regional
2 053
-
11 353
-
national
297
-
6 278
-
total
8 433
-
32 927
-
Employer
62 707
-
180 574
-
health
142
-
406
-
pensions
5 268
-
12 923
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 254
-
3 611
-
total
6 664
-
16 940
-
Corporate
129 440
199 500
-
-
regional
27 376
42 194
-
-
national
11 003
16 958
-
-
total
38 379
59 152
-
-
Dividends
91 061
140 348
-
-
withholding
31 871
49 122
-
-
total
31 871
49 122
-
-
Income
199 500
199 500
199 500
199 500
Total tax
85 347
108 274
49 867
44 678
After tax
114 153
91 226
149 633
154 822
Living cost
53 584
53 584
53 584
53 584
Free-cash
60 569
37 642
96 049
101 238

Estimated living cost  is ₽53584 per week

₽34845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₽93619
₽66854
₽89706
₽90499
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

-
-
-
199 500
municipal
-
-
-
35 416
health
-
-
-
2 747
national
-
-
-
41 686
total
-
-
-
79 849
Employee
41 036
-
167 831
-
health
306
-
2 259
-
unemployment
616
-
2 518
-
pensions
2 769
-
11 329
-
national
678
-
27 616
-
municipal
6 721
-
27 310
-
total
11 090
-
71 032
-
Employer
41 036
-
167 831
-
health
315
-
1 292
-
pensions
7 120
-
29 119
-
accident
41
-
167
-
unemployment
266
-
1 091
-
total
7 742
-
31 669
-
Corporate
150 721
199 500
-
-
income
30 145
39 901
-
-
total
30 145
39 901
-
-
Dividends

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

90 432
119 700
-
-
municipal
16 277
21 547
-
-
national
10 682
17 608
-
-
total
26 959
39 155
-
-
Income
199 500
199 500
199 500
199 500
Total tax
75 936
79 056
102 701
79 849
After tax
123 564
120 444
96 799
119 651
Living cost
29 945
29 945
29 945
29 945
Free-cash
93 619
90 499
66 854
89 706

Estimated living cost  is ₽29945 per week

₽19560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₽71310
₽38332
₽58452
₽79699
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
-
-
-
199 500
communal

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

-
-
-
10 804
social contributions
-
-
-
19 446
national
-
-
-
82 359
total
-
-
-
112 609
Employee

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

55 792
-
154 521
-
health

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

2 621
-
7 263
-
communal

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

2 910
-
8 059
-
unemployment

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

485
-
1 344
-
pensions

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

4 184
-
11 590
-
national
17 153
-
59 493
-
total
27 353
-
87 749
-
Employer

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

55 792
-
154 521
-
health

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

3 431
-
9 503
-
pensions

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

4 944
-
13 690
-
surtax
6 326
-
17 522
-
accident

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

725
-
2 009
-
unemployment

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

814
-
2 256
-
total
16 240
-
44 980
-
Corporate
127 467
199 500
-
-
income
25 494
44 533
-
-
surtax
509
891
-
-
total
26 003
45 424
-
-
Dividends
101 464
154 076
-
-
withholding

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

30 155
45 938
-
-
total
30 155
45 938
-
-
Income
199 500
199 500
199 500
199 500
Total tax
99 751
91 362
132 729
112 609
After tax
99 749
108 138
66 771
86 891
Living cost
28 439
28 439
28 439
28 439
Free-cash
71 310
79 699
38 332
58 452

Estimated living cost  is ₽28439 per week

₽18318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽74538
₽64845
₽65659
₽75293
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
-
-
-
199 500
unemployment
-
-
-
74
municipal
-
-
-
53 123
other
-
-
-
8 566
health
-
-
-
4 600
national
-
-
-
25 728
accident
-
-
-
147
pensions
-
-
-
7 969
total
-
-
-
100 207
Employee
47 926
-
176 339
-
national
-
-
25 276
-
municipal
14 292
-
52 584
-
total
14 292
-
77 860
-
Employer
47 926
-
176 339
-
health
2 947
-
4 533
-
pensions
5 181
-
7 969
-
accident
96
-
147
-
unemployment
1 265
-
1 946
-
other
5 569
-
8 566
-
total
15 058
-
23 161
-
Corporate
136 516
199 500
-
-
income
30 033
43 890
-
-
total
30 033
43 890
-
-
Dividends
106 482
155 610
-
-
withholding
31 945
46 683
-
-
total
31 945
46 683
-
-
Income
199 500
199 500
199 500
199 500
Total tax
91 328
90 573
101 021
100 207
After tax
108 172
108 927
98 479
99 293
Living cost
33 634
33 634
33 634
33 634
Free-cash
74 538
75 293
64 845
65 659

Estimated living cost  is ₽33634 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽43426
₽151119
₽100793
₽84299
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
-
-
-
199 500
income
-
-
-
38 887
social contributions
-
-
-
22 743
total
-
-
-
61 630
Employee
53 163
-
-
-
income
11 727
-
-
-
social contributions
4 359
-
621
-
total
16 086
-
621
-
Employer
53 163
-
-
-
social contributions
74 960
-
10 683
-
total
74 960
-
10 683
-
Corporate
71 377
199 500
-
-
income
15 703
43 890
-
-
total
15 703
43 890
-
-
Dividends
55 674
155 610
-
-
income
12 248
34 234
-
-
total
12 248
34 234
-
-
Income
199 500
199 500
199 500
199 500
Total tax
118 997
78 124
11 304
61 630
After tax
80 503
121 376
188 196
137 870
Living cost
37 077
37 077
37 077
37 077
Free-cash
43 426
84 299
151 119
100 793

Estimated living cost  is ₽37077 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽116801
₽106362
₽107949
₽120034
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
-
-
-
199 500
income
-
-
-
48 545
health
-
-
-
5 087
social contributions
-
-
-
12 620
total
-
-
-
66 252
Employee
59 977
59 977
189 284
-
health
597
1 020
3 218
-
income
6 298
5 552
47 691
-
social contributions
2 914
4 978
6 714
-
total
9 809
11 550
57 623
-
Employer
59 977
59 977
189 284
-
health
650
1 110
3 502
-
social contributions
2 914
4 978
6 714
-
total
3 564
6 088
10 216
-
Corporate
160 828
133 436
-
-
income
20 103
16 680
-
-
total
20 103
16 680
-
-
Dividends
140 725
116 756
-
-
withholding
23 924
19 849
-
-
total
23 924
19 849
-
-
Income
199 500
199 500
199 500
199 500
Total tax
57 400
54 167
67 839
66 252
After tax
142 100
145 333
131 661
133 248
Living cost
25 299
25 299
25 299
25 299
Free-cash
116 801
120 034
106 362
107 949

Estimated living cost  is ₽25299 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽99851
₽81580
₽99268
₽95385
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
-
-
-
199 500
income
-
-
-
64 093
pensions
-
-
-
8 119
total
-
-
-
72 212
Employee
38 461
-
173 659
-
health
502
-
2 258
-
pensions
2 936
-
9 500
-
income
7 004
-
52 301
-
total
10 442
-
64 059
-
Employer
38 461
-
173 659
-
health
731
-
3 299
-
pensions
3 886
-
22 542
-
total
4 617
-
25 841
-
Corporate
156 422
199 500
-
-
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.

29 721
37 904
-
-
total
29 721
37 904
-
-
Dividends
126 702
161 596
-
-
withholding
26 849
38 191
-
-
total
26 849
38 191
-
-
Income
199 500
199 500
199 500
199 500
Total tax
71 629
76 095
89 900
72 212
After tax
127 871
123 405
109 600
127 288
Living cost
28 020
28 020
28 020
28 020
Free-cash
99 851
95 385
81 580
99 268

Estimated living cost  is ₽28020 per week

₽19221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₽70464
₽57567
₽63972
₽74010
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
-
-
-
199 500
municipal
-
-
-
1 445
regional
-
-
-
5 084
social contributions
-
-
-
39 038
national
-
-
-
58 889
total
-
-
-
104 456
Employee
65 726
-
199 500
-
social contributions
22 162
-
51 179
-
regional
992
-
4 678
-
national
11 107
-
53 669
-
municipal
392
-
1 335
-
total
34 653
-
110 861
-
Employer
65 726
-
199 500
-
total
-
-
-
-
Corporate
133 774
199 500
-
-
nationa
32 106
47 880
-
-
municipal
6 448
9 617
-
-
total
38 554
57 497
-
-
Dividends
95 221
142 003
-
-
withholding
24 757
36 921
-
-
total
24 757
36 921
-
-
Income
199 500
199 500
199 500
199 500
Total tax
97 964
94 418
110 861
104 456
After tax
101 536
105 082
88 639
95 044
Living cost
31 072
31 072
31 072
31 072
Free-cash
70 464
74 010
57 567
63 972

Estimated living cost  is ₽31072 per week

₽21826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽13576
₽93799
₽119309
-₽677
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
-
-
-
199 500
pensions
-
-
-
3 184
income
-
-
-
58 024
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
63 354
Employee
26 486
-
183 507
-
health
3 033
-
21 012
-
pensions
2 982
-
5 839
-
income
3 634
-
46 020
-
total
9 649
-
72 871
-
Employer
26 486
-
183 507
-
pensions
4 307
-
8 432
-
accident
442
-
3 065
-
unemployment
649
-
4 496
-
total
5 398
-
15 993
-
Corporate
167 616
199 500
-
-
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.

150 855
179 550
-
-
total
150 855
179 550
-
-
Dividends
16 762
19 950
-
-
withholding
3 185
3 790
-
-
total
3 185
3 790
-
-
Income
199 500
199 500
199 500
199 500
Total tax
169 087
183 340
88 864
63 354
After tax
30 413
16 160
110 636
136 146
Living cost
16 837
16 837
16 837
16 837
Free-cash
13 576
-677
93 799
119 309

Estimated living cost  is ₽16837 per week

₽12340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Berlin , Germany
₽82660
₽91733
₽68308
₽72458
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.

-
-
-
199 500
trade
-
-
-
23 425
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.

-
-
-
68 555
health

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

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

-
-
-
5 329
surtax

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

-
-
-
3 770
total
-
-
-
101 079
Employee

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

38 809
-
199 500
-
health

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

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

5 329
-
5 329
-
income

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

3 191
-
68 555
-
surtax

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

176
-
3 770
-
total
8 696
-
77 654
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 691
199 500
-
-
income
24 104
29 924
-
-
trade
23 059
28 628
-
-
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.

1 326
1 646
-
-
chamber of commerce
354
411
-
-
total
48 843
60 609
-
-
Dividends
111 848
138 891
-
-
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.

1 522
1 893
-
-
withholding
27 666
34 427
-
-
total
29 188
36 320
-
-
Income
199 500
199 500
199 500
199 500
Total tax
86 727
96 929
77 654
101 079
After tax
112 773
102 571
121 846
98 421
Living cost
30 113
30 113
30 113
30 113
Free-cash
82 660
72 458
91 733
68 308

Estimated living cost  is ₽30113 per week

₽20772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₽136976
₽71774
₽57953
₽143372
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.

-
-
-
199 500
income
-
-
-
44 563
microenterprise
-
-
-
-
social contributions

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

-
-
-
29 884
surtax
-
-
-
50 873
total
-
-
-
125 320
Employee
22 791
-
159 555
-
income
4 057
-
38 194
-
social contributions

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

2 507
-
10 225
-
surtax
-
-
23 135
-
total
6 564
-
71 554
-
Employer
22 791
-
159 555
-
social contributions

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

5 490
-
22 393
-
surtax
-
-
17 552
-
total
5 490
-
39 945
-
Corporate
171 219
199 500
-
-
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%.

34 243
39 901
-
-
total
34 243
39 901
-
-
Dividends

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

136 975
159 599
-
-
total
-
-
-
-
Income
199 500
199 500
199 500
199 500
Total tax
46 297
39 901
111 499
125 320
After tax
153 203
159 599
88 001
74 180
Living cost
16 227
16 227
16 227
16 227
Free-cash
136 976
143 372
71 774
57 953

Estimated living cost  is ₽16227 per week

₽10352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽112986
₽113292
₽113994
₽114609
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
-
-
-
199 500
income
-
-
-
63 196
health
-
-
-
5 225
pensions
-
-
-
7 206
total
-
-
-
75 627
Employee
15 047
-
191 393
-
health
752
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
62 817
-
total
5 168
-
68 222
-
Employer
15 047
-
191 393
-
health
1 430
-
3 423
-
pensions
1 655
-
3 963
-
unemployment
301
-
721
-
total
3 386
-
8 107
-
Corporate
181 067
199 500
-
-
income
39 835
43 890
-
-
total
39 835
43 890
-
-
Dividends
141 232
155 610
-
-
withholding
28 246
31 122
-
-
total
28 246
31 122
-
-
Income
199 500
199 500
199 500
199 500
Total tax
76 635
75 012
76 329
75 627
After tax
122 865
124 488
123 171
123 873
Living cost
9 879
9 879
9 879
9 879
Free-cash
112 986
114 609
113 292
113 994

Estimated living cost  is ₽9879 per week

₽5871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽105488
₽71300
₽76067
₽107965
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
-
-
-
199 500
pensions
-
-
-
20 820
unemployment
-
-
-
178
income
-
-
-
66 047
other
-
-
-
-
health
-
-
-
7 390
surtax
-
-
-
11 479
total
-
-
-
105 914
Employee
26 267
-
177 588
-
health
671
-
2 654
-
unemployment
1 828
-
7 245
-
pensions
1 753
-
6 943
-
income
4 403
-
61 382
-
other
-
-
-
-
surtax
93
-
10 546
-
total
8 748
-
88 770
-
Employer
26 267
-
177 588
-
health
1 194
-
4 736
-
pensions
3 502
-
13 876
-
unemployment
833
-
3 299
-
other
-
-
-
-
total
5 529
-
21 911
-
Corporate
167 703
199 500
-
-
income
43 602
51 871
-
-
total
43 602
51 871
-
-
Dividends
124 101
147 629
-
-
withholding
18 614
22 145
-
-
total
18 614
22 145
-
-
Income
199 500
199 500
199 500
199 500
Total tax
76 493
74 016
110 681
105 914
After tax
123 007
125 484
88 819
93 586
Living cost
17 519
17 519
17 519
17 519
Free-cash
105 488
107 965
71 300
76 067

Estimated living cost  is ₽17519 per week

₽10577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽84604
₽26843
₽77080
₽84991
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
-
-
-
199 500
pensions
-
-
-
16 857
chamber of commerce