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
₽ 204500
per

Your estimated
City
free-cash

Valencia , Spain
₽110499
₽89182
₽92471
₽113960
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
-
-
-
204 500
unemployment
-
-
-
509
income
-
-
-
68 688
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 555
total
-
-
-
90 479
Employee
28 977
-
181 343
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
65 998
-
other
28
-
73
-
total
7 426
-
70 612
-
Employer
28 977
-
181 343
-
pensions
6 838
-
17 142
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
581
-
total
9 238
-
23 156
-
Corporate
166 285
204 500
-
-
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.

24 943
30 676
-
-
total
24 943
30 676
-
-
Dividends
141 342
173 824
-
-
withholding
30 844
38 314
-
-
total
30 844
38 314
-
-
Income
204 500
204 500
204 500
204 500
Total tax
72 451
68 990
93 768
90 479
After tax
132 049
135 510
110 732
114 021
Living cost
21 550
21 550
21 550
21 550
Free-cash
110 499
113 960
89 182
92 471

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
₽124070
₽104555
₽106180
₽129365
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
-
-
-
204 500
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
-
-
-
37 933
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
77 438
Employee
28 454
-
174 031
-
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
-
37 392
-
total
7 573
-
48 593
-
Employer
28 454
-
174 031
-
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
-
1 392
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 470
-
Corporate
168 875
204 500
-
-
income
35 464
42 945
-
-
total
35 464
42 945
-
-
Dividends
133 411
161 555
-
-
withholding
9 339
11 308
-
-
total
9 339
11 308
-
-
Income
204 500
204 500
204 500
204 500
Total tax
59 548
54 253
79 063
77 438
After tax
144 952
150 247
125 437
127 062
Living cost
20 882
20 882
20 882
20 882
Free-cash
124 070
129 365
104 555
106 180

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
₽160937
₽164986
₽156248
₽164577
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
-
-
-
204 500
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
-
-
-
30 675
health
-
-
-
3 147
total
-
-
-
37 981
Employee
13 600
-
199 132
-
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
-
19 913
-
total
3 330
-
23 876
-
Employer
13 600
-
199 132
-
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
188 232
204 500
-
-
income
18 824
20 450
-
-
total
18 824
20 450
-
-
Dividends
169 408
184 050
-
-
withholding
8 470
9 203
-
-
total
8 470
9 203
-
-
Income
204 500
204 500
204 500
204 500
Total tax
33 293
29 653
29 244
37 981
After tax
171 207
174 847
175 256
166 519
Living cost
10 270
10 270
10 270
10 270
Free-cash
160 937
164 577
164 986
156 248

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
₽80888
₽74868
₽82647
₽76255
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
-
-
-
204 500
income
-
-
-
42 019
other
-
-
-
6 340
health
-
-
-
10 722
social contributions
-
-
-
5 828
pensions
-
-
-
30 132
surtax
-
-
-
-
total
-
-
-
95 041
Employee
33 540
-
154 755
-
pensions
3 792
-
12 220
-
income
1 979
-
36 444
-
social contributions
956
-
4 409
-
surtax
-
-
-
-
total
6 727
-
53 073
-
Employer
33 540
-
154 755
-
health
2 348
-
16 046
-
social contributions
101
-
464
-
pensions
5 510
-
20 311
-
unemployment
1 358
-
6 267
-
other
1 157
-
6 659
-
total
10 474
-
49 747
-
Corporate
160 486
204 500
-
-
income
44 936
57 260
-
-
surtax
-
-
-
-
total
44 936
57 260
-
-
Dividends
115 550
147 240
-
-
social contributions
19 873
25 326
-
-
surtax
-
-
-
-
withholding
14 790
18 847
-
-
total
34 663
44 173
-
-
Income
204 500
204 500
204 500
204 500
Total tax
96 800
101 433
102 820
95 041
After tax
107 700
103 067
101 680
109 459
Living cost
26 812
26 812
26 812
26 812
Free-cash
80 888
76 255
74 868
82 647

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
₽64605
₽97907
₽75447
₽69407
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
-
-
-
204 500
pensions
-
-
-
9 182
income
-
-
-
77 378
health
-
-
-
9 664
total
-
-
-
96 224
Employee
66 922
66 922
189 936
-
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
40 353
-
total
33 272
28 873
59 199
-
Employer
66 922
66 922
189 936
-
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
126 680
125 859
-
-
income
25 337
25 172
-
-
total
25 337
25 172
-
-
Dividends
101 343
100 688
-
-
income
21 536
21 396
-
-
withholding
15 202
15 104
-
-
total
36 738
36 500
-
-
Income
204 500
204 500
204 500
204 500
Total tax
107 066
102 264
73 764
96 224
After tax
97 434
102 236
130 736
108 276
Living cost
32 829
32 829
32 829
32 829
Free-cash
64 605
69 407
97 907
75 447

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
₽87963
₽100945
₽74475
₽79296
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.

-
-
-
204 500
trade
-
-
-
26 470
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.

-
-
-
70 583
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.

-
-
-
3 881
total
-
-
-
106 288
Employee

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

29 974
-
204 500
-
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
-
70 583
-
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
-
3 881
-
total
6 237
-
79 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 526
204 500
-
-
income
26 178
30 676
-
-
trade
27 489
32 209
-
-
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.

1 440
1 686
-
-
chamber of commerce
370
413
-
-
total
55 477
64 984
-
-
Dividends
119 049
139 516
-
-
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.

1 621
1 902
-
-
withholding
29 465
34 581
-
-
total
31 086
36 483
-
-
Income
204 500
204 500
204 500
204 500
Total tax
92 800
101 467
79 818
106 288
After tax
111 700
103 033
124 682
98 212
Living cost
23 737
23 737
23 737
23 737
Free-cash
87 963
79 296
100 945
74 475

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
₽126562
₽116686
₽118305
₽130825
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
-
-
-
204 500
income
-
-
-
50 157
health
-
-
-
5 215
social contributions
-
-
-
12 679
total
-
-
-
68 051
Employee
60 260
60 260
194 163
-
health
467
1 025
3 301
-
income
6 561
5 578
49 286
-
social contributions
2 278
5 001
6 746
-
total
9 306
11 604
59 333
-
Employer
60 260
60 260
194 163
-
health
507
1 115
3 591
-
social contributions
2 278
5 001
6 746
-
total
2 785
6 116
10 337
-
Corporate
174 264
138 123
-
-
income
21 782
17 266
-
-
total
21 782
17 266
-
-
Dividends
152 481
120 857
-
-
withholding
25 921
20 545
-
-
total
25 921
20 545
-
-
Income
204 500
204 500
204 500
204 500
Total tax
59 794
55 531
69 670
68 051
After tax
144 706
148 969
134 830
136 449
Living cost
18 144
18 144
18 144
18 144
Free-cash
126 562
130 825
116 686
118 305

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
₽90949
₽63652
₽80674
₽91739
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.

-
-
-
204 500
income
-
-
-
28 181
social contributions

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

-
-
-
71 064
surtax
-
-
-
-
total
-
-
-
99 245
Employee
36 043
-
165 252
-
income
7 497
-
58 139
-
social contributions
3 965
-
18 178
-
surtax
-
-
702
-
total
11 462
-
77 019
-
Employer
36 043
-
165 252
-
social contributions
8 560
-
39 248
-
total
8 560
-
39 248
-
Corporate
159 897
204 500
-
-
income
33 579
42 945
-
-
surtax
-
-
-
-
total
33 579
42 945
-
-
Dividends
126 319
161 555
-
-
withholding
35 369
45 235
-
-
total
35 369
45 235
-
-
Income
204 500
204 500
204 500
204 500
Total tax
88 970
88 180
116 267
99 245
After tax
115 530
116 320
88 233
105 255
Living cost
24 581
24 581
24 581
24 581
Free-cash
90 949
91 739
63 652
80 674

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
₽187063
₽157526
₽196381
₽188201
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%.

-
-
-
204 500
microenterprise

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

-
-
-
2 045
total
-
-
-
2 045
Employee
7 592
-
204 500
-
income
1 518
-
40 900
-
total
1 518
-
40 900
-
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%.

196 908
204 500
-
-
total
-
-
-
-
Dividends
196 908
204 500
-
-
withholding
9 845
10 225
-
-
total
9 845
10 225
-
-
Income
204 500
204 500
204 500
204 500
Total tax
11 363
10 225
40 900
2 045
After tax
193 137
194 275
163 600
202 455
Living cost
6 074
6 074
6 074
6 074
Free-cash
187 063
188 201
157 526
196 381

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
₽113223
₽66507
₽70946
₽119778
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.

-
-
-
204 500
pensions
-
-
-
37 347
unemployment
-
-
-
306
income
-
-
-
54 758
health
-
-
-
20 123
total
-
-
-
112 534
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
-
176 950
-
health
2 238
-
11 430
-
unemployment
49
-
248
-
pensions
5 372
-
27 428
-
income
5 976
-
50 317
-
total
13 635
-
89 423
-
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
-
176 950
-
health
2 308
-
11 784
-
pensions
3 067
-
15 660
-
unemployment
21
-
106
-
total
5 396
-
27 550
-
Corporate
164 451
204 500
-
-
income
31 245
38 855
-
-
total
31 245
38 855
-
-
Dividends
133 205
165 645
-
-
withholding
19 981
24 847
-
-
total
19 981
24 847
-
-
Income
204 500
204 500
204 500
204 500
Total tax
70 257
63 702
116 973
112 534
After tax
134 243
140 798
87 527
91 966
Living cost
21 020
21 020
21 020
21 020
Free-cash
113 223
119 778
66 507
70 946

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
₽103077
₽112901
₽140422
₽100338
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.

-
-
-
204 500
income
-
-
-
30 676
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
-
-
-
35 631
Employee
35 950
-
200 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
55 942
-
total
7 503
-
59 547
-
Employer
35 950
-
200 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
164 948
204 500
-
-
income
57 731
71 575
-
-
total
57 731
71 575
-
-
Dividends
107 217
132 925
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
204 500
204 500
204 500
204 500
Total tax
72 976
75 715
63 152
35 631
After tax
131 524
128 785
141 348
168 869
Living cost
28 447
28 447
28 447
28 447
Free-cash
103 077
100 338
112 901
140 422

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
₽108554
₽58803
₽114713
₽108146
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
-
-
-
204 500
income
-
-
-
30 676
health
-
-
-
14 274
social contributions
-
-
-
28 220
total
-
-
-
73 170
Employee
26 571
-
204 500
-
health
1 854
-
14 274
-
income
4 432
-
86 586
-
social contributions
3 667
-
28 220
-
total
9 953
-
129 080
-
Employer
26 571
-
204 500
-
total
-
-
-
-
Corporate
177 929
204 500
-
-
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%.

8 896
10 226
-
-
total
8 896
10 226
-
-
Dividends
169 033
194 274
-
-
social contributions
23 326
26 810
-
-
withholding
25 355
29 141
-
-
health
11 799
13 560
-
-
total
60 480
69 511
-
-
Income
204 500
204 500
204 500
204 500
Total tax
79 329
79 737
129 080
73 170
After tax
125 171
124 763
75 420
131 330
Living cost
16 617
16 617
16 617
16 617
Free-cash
108 554
108 146
58 803
114 713

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
₽111037
₽92765
₽102199
₽118861
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
-
-
-
204 500
income
-
-
-
22 691
health
-
-
-
27 608
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 448
total
-
-
-
80 364
Employee
32 261
-
167 493
-
health
4 355
-
22 612
-
solidarity contribution
-
-
3 601
-
income
3 871
-
20 877
-
social contributions
2 097
-
5 702
-
total
10 323
-
52 792
-
Employer
32 261
-
167 493
-
health
2 903
-
15 074
-
social contributions
8 065
-
21 932
-
total
10 968
-
37 006
-
Corporate
161 271
204 500
-
-
income
30 641
38 855
-
-
total
30 641
38 855
-
-
Dividends
130 629
165 645
-
-
withholding
19 594
24 847
-
-
total
19 594
24 847
-
-
Income
204 500
204 500
204 500
204 500
Total tax
71 526
63 702
89 798
80 364
After tax
132 974
140 798
114 702
124 136
Living cost
21 937
21 937
21 937
21 937
Free-cash
111 037
118 861
92 765
102 199

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
₽183036
₽154135
₽192990
₽184810
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%.

-
-
-
204 500
microenterprise

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

-
-
-
2 045
total
-
-
-
2 045
Employee
11 832
-
204 500
-
income
2 366
-
40 900
-
total
2 366
-
40 900
-
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%.

192 668
204 500
-
-
total
-
-
-
-
Dividends
192 668
204 500
-
-
withholding
9 633
10 225
-
-
total
9 633
10 225
-
-
Income
204 500
204 500
204 500
204 500
Total tax
11 999
10 225
40 900
2 045
After tax
192 501
194 275
163 600
202 455
Living cost
9 465
9 465
9 465
9 465
Free-cash
183 036
184 810
154 135
192 990

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
₽70604
₽63830
₽71609
₽65217
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
-
-
-
204 500
income
-
-
-
42 019
other
-
-
-
6 340
health
-
-
-
10 722
social contributions
-
-
-
5 828
pensions
-
-
-
30 132
surtax
-
-
-
-
total
-
-
-
95 041
Employee
49 083
-
154 755
-
pensions
5 552
-
12 220
-
income
4 283
-
36 444
-
social contributions
1 398
-
4 409
-
surtax
-
-
-
-
total
11 233
-
53 073
-
Employer
49 083
-
154 755
-
health
3 435
-
16 046
-
social contributions
147
-
464
-
pensions
8 065
-
20 311
-
unemployment
1 988
-
6 267
-
other
1 694
-
6 659
-
total
15 329
-
49 747
-
Corporate
140 088
204 500
-
-
income
39 225
57 260
-
-
surtax
-
-
-
-
total
39 225
57 260
-
-
Dividends
100 863
147 240
-
-
social contributions
17 349
25 326
-
-
surtax
-
-
-
-
withholding
12 910
18 847
-
-
total
30 259
44 173
-
-
Income
204 500
204 500
204 500
204 500
Total tax
96 046
101 433
102 820
95 041
After tax
108 454
103 067
101 680
109 459
Living cost
37 850
37 850
37 850
37 850
Free-cash
70 604
65 217
63 830
71 609

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
₽130394
₽121300
₽121300
₽134239
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.

-
-
-
204 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
47 861
health
-
-
-
5 948
total
-
-
-
69 688
Employee

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

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

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

20 376
-
194 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
47 861
-
total
6 864
-
59 352
-
Employer

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

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

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

20 376
-
194 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
180 477
204 500
-
-
income
27 072
30 675
-
-
total
27 072
30 675
-
-
Dividends
153 406
173 825
-
-
withholding
23 011
26 074
-
-
total
23 011
26 074
-
-
Income
204 500
204 500
204 500
204 500
Total tax
60 594
56 749
69 688
69 688
After tax
143 906
147 751
134 812
134 812
Living cost
13 512
13 512
13 512
13 512
Free-cash
130 394
134 239
121 300
121 300

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽63024
₽99872
₽105027
₽40224
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
-
-
-
204 500
pensions
-
-
-
18 815
city
-
-
-
2 156
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.

-
-
-
4 057
health
-
-
-
460
regional
-
-
-
12 972
national
-
-
-
7 724
total
-
-
-
46 184
Employee
62 361
-
185 213
-
health
141
-
416
-
unemployment
-
-
-
-
city
669
-
2 019
-
pensions
5 239
-
13 128
-
regional
2 042
-
11 818
-
national
295
-
6 709
-
total
8 386
-
34 090
-
Employer
62 361
-
185 213
-
health
141
-
416
-
pensions
5 239
-
13 128
-
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
-
3 705
-
total
6 627
-
17 249
-
Corporate
134 826
204 500
-
-
regional
28 516
43 252
-
-
national
11 460
17 382
-
-
total
39 976
60 634
-
-
Dividends
94 850
143 866
-
-
withholding
33 198
50 353
-
-
total
33 198
50 353
-
-
Income
204 500
204 500
204 500
204 500
Total tax
88 187
110 987
51 339
46 184
After tax
116 313
93 513
153 161
158 316
Living cost
53 289
53 289
53 289
53 289
Free-cash
63 024
40 224
99 872
105 027

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
₽96349
₽68731
₽92157
₽92975
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

-
-
-
204 500
municipal
-
-
-
36 301
health
-
-
-
2 823
national
-
-
-
43 132
total
-
-
-
82 256
Employee
41 230
-
172 035
-
health
308
-
2 323
-
unemployment
619
-
2 580
-
pensions
2 782
-
11 612
-
national
681
-
28 708
-
municipal
6 753
-
27 994
-
total
11 143
-
73 217
-
Employer
41 230
-
172 035
-
health
317
-
1 325
-
pensions
7 153
-
29 849
-
accident
42
-
173
-
unemployment
268
-
1 118
-
total
7 780
-
32 465
-
Corporate
155 490
204 500
-
-
income
31 098
40 900
-
-
total
31 098
40 900
-
-
Dividends

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

93 294
122 700
-
-
municipal
16 793
22 086
-
-
national
11 250
18 452
-
-
total
28 043
40 538
-
-
Income
204 500
204 500
204 500
204 500
Total tax
78 064
81 438
105 682
82 256
After tax
126 436
123 062
98 818
122 244
Living cost
30 087
30 087
30 087
30 087
Free-cash
96 349
92 975
68 731
92 157

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
₽73906
₽39713
₽60516
₽82075
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
-
-
-
204 500
communal

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

-
-
-
11 097
social contributions
-
-
-
19 538
national
-
-
-
84 775
total
-
-
-
115 410
Employee

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

56 056
-
158 392
-
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
-
7 445
-
communal

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

2 924
-
8 261
-
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
-
1 379
-
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
-
11 879
-
national
17 234
-
61 140
-
total
27 484
-
90 104
-
Employer

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

56 056
-
158 392
-
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
-
9 741
-
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
-
14 033
-
surtax
6 356
-
17 962
-
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
-
2 060
-
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
-
2 313
-
total
16 317
-
46 109
-
Corporate
132 127
204 500
-
-
income
26 425
45 920
-
-
surtax
528
919
-
-
total
26 953
46 839
-
-
Dividends
105 173
157 661
-
-
withholding

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

31 266
47 012
-
-
total
31 266
47 012
-
-
Income
204 500
204 500
204 500
204 500
Total tax
102 020
93 851
136 213
115 410
After tax
102 480
110 649
68 287
89 090
Living cost
28 574
28 574
28 574
28 574
Free-cash
73 906
82 075
39 713
60 516

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
₽76880
₽66820
₽67644
₽77644
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
-
-
-
204 500
unemployment
-
-
-
75
municipal
-
-
-
54 542
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
26 706
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
102 843
Employee
48 465
-
181 078
-
national
-
-
26 249
-
municipal
14 452
-
53 998
-
total
14 452
-
80 247
-
Employer
48 465
-
181 078
-
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
140 808
204 500
-
-
income
30 978
44 990
-
-
total
30 978
44 990
-
-
Dividends
109 830
159 510
-
-
withholding
32 949
47 853
-
-
total
32 949
47 853
-
-
Income
204 500
204 500
204 500
204 500
Total tax
93 607
92 843
103 668
102 843
After tax
110 893
111 657
100 832
101 657
Living cost
34 013
34 013
34 013
34 013
Free-cash
76 880
77 644
66 820
67 644

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
₽44785
₽155074
₽103449
₽86541
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
-
-
-
204 500
income
-
-
-
39 861
social contributions
-
-
-
23 313
total
-
-
-
63 174
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
73 612
204 500
-
-
income
16 195
44 990
-
-
total
16 195
44 990
-
-
Dividends
57 418
159 510
-
-
income
12 632
35 092
-
-
total
12 632
35 092
-
-
Income
204 500
204 500
204 500
204 500
Total tax
121 838
80 082
11 549
63 174
After tax
82 662
124 418
192 951
141 326
Living cost
37 877
37 877
37 877
37 877
Free-cash
44 785
86 541
155 074
103 449

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
₽120301
₽109412
₽111031
₽123551
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
-
-
-
204 500
income
-
-
-
50 157
health
-
-
-
5 215
social contributions
-
-
-
12 679
total
-
-
-
68 051
Employee
60 260
60 260
194 163
-
health
599
1 025
3 301
-
income
6 328
5 578
49 286
-
social contributions
2 928
5 001
6 746
-
total
9 855
11 604
59 333
-
Employer
60 260
60 260
194 163
-
health
653
1 115
3 591
-
social contributions
2 928
5 001
6 746
-
total
3 581
6 116
10 337
-
Corporate
165 645
138 123
-
-
income
20 706
17 266
-
-
total
20 706
17 266
-
-
Dividends
144 940
120 857
-
-
withholding
24 639
20 545
-
-
total
24 639
20 545
-
-
Income
204 500
204 500
204 500
204 500
Total tax
58 781
55 531
69 670
68 051
After tax
145 719
148 969
134 830
136 449
Living cost
25 418
25 418
25 418
25 418
Free-cash
120 301
123 551
109 412
111 031

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
₽102548
₽84019
₽102134
₽98063
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
-
-
-
204 500
income
-
-
-
65 994
pensions
-
-
-
8 236
total
-
-
-
74 230
Employee
38 621
-
177 986
-
health
504
-
2 304
-
pensions
2 948
-
9 611
-
income
7 033
-
53 916
-
total
10 485
-
65 831
-
Employer
38 621
-
177 986
-
health
734
-
3 381
-
pensions
3 902
-
23 133
-
total
4 636
-
26 514
-
Corporate
161 243
204 500
-
-
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.

30 637
38 856
-
-
total
30 637
38 856
-
-
Dividends
130 607
165 644
-
-
withholding
28 058
39 445
-
-
total
28 058
39 445
-
-
Income
204 500
204 500
204 500
204 500
Total tax
73 816
78 301
92 345
74 230
After tax
130 684
126 199
112 155
130 270
Living cost
28 136
28 136
28 136
28 136
Free-cash
102 548
98 063
84 019
102 134

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
₽72933
₽59981
₽66419
₽76496
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
-
-
-
204 500
municipal
-
-
-
1 487
regional
-
-
-
5 241
social contributions
-
-
-
39 222
national
-
-
-
60 912
total
-
-
-
106 862
Employee
66 037
-
204 500
-
social contributions
22 267
-
51 421
-
regional
997
-
4 835
-
national
11 160
-
55 667
-
municipal
394
-
1 377
-
total
34 818
-
113 300
-
Employer
66 037
-
204 500
-
total
-
-
-
-
Corporate
138 463
204 500
-
-
nationa
33 231
49 081
-
-
municipal
6 674
9 857
-
-
total
39 905
58 938
-
-
Dividends
98 558
145 562
-
-
withholding
25 625
37 847
-
-
total
25 625
37 847
-
-
Income
204 500
204 500
204 500
204 500
Total tax
100 348
96 785
113 300
106 862
After tax
104 152
107 715
91 200
97 638
Living cost
31 219
31 219
31 219
31 219
Free-cash
72 933
76 496
59 981
66 419

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
₽13996
₽96820
₽122806
-₽172
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
-
-
-
204 500
pensions
-
-
-
3 165
income
-
-
-
59 659
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
64 957
Employee
26 328
-
188 358
-
health
3 015
-
21 567
-
pensions
2 965
-
5 804
-
income
3 612
-
47 430
-
total
9 592
-
74 801
-
Employer
26 328
-
188 358
-
pensions
4 281
-
8 381
-
accident
440
-
3 146
-
unemployment
645
-
4 615
-
total
5 366
-
16 142
-
Corporate
172 807
204 500
-
-
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.

155 526
184 050
-
-
total
155 526
184 050
-
-
Dividends
17 281
20 450
-
-
withholding
3 283
3 885
-
-
total
3 283
3 885
-
-
Income
204 500
204 500
204 500
204 500
Total tax
173 767
187 935
90 943
64 957
After tax
30 733
16 565
113 557
139 543
Living cost
16 737
16 737
16 737
16 737
Free-cash
13 996
-172
96 820
122 806

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
₽85135
₽94427
₽70310
₽74882
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.

-
-
-
204 500
trade
-
-
-
24 117
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.

-
-
-
70 583
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.

-
-
-
3 881
total
-
-
-
103 935
Employee

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

38 992
-
204 500
-
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
-
70 583
-
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
-
3 881
-
total
8 737
-
79 818
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 508
204 500
-
-
income
24 827
30 676
-
-
trade
23 750
29 346
-
-
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
1 686
-
-
chamber of commerce
361
419
-
-
total
50 303
62 127
-
-
Dividends
115 205
142 373
-
-
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.

1 567
1 941
-
-
withholding
28 503
35 295
-
-
total
30 070
37 236
-
-
Income
204 500
204 500
204 500
204 500
Total tax
89 110
99 363
79 818
103 935
After tax
115 390
105 137
124 682
100 565
Living cost
30 255
30 255
30 255
30 255
Free-cash
85 135
74 882
94 427
70 310

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
₽140868
₽74092
₽59975
₽147296
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.

-
-
-
204 500
income
-
-
-
46 048
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
-
-
-
52 147
total
-
-
-
128 221
Employee
22 899
-
163 965
-
income
4 076
-
39 521
-
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
-
-
23 775
-
total
6 595
-
73 569
-
Employer
22 899
-
163 965
-
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
-
-
18 036
-
total
5 516
-
40 535
-
Corporate
176 085
204 500
-
-
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%.

35 217
40 900
-
-
total
35 217
40 900
-
-
Dividends

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

140 868
163 600
-
-
total
-
-
-
-
Income
204 500
204 500
204 500
204 500
Total tax
47 328
40 900
114 104
128 221
After tax
157 172
163 600
90 396
76 279
Living cost
16 304
16 304
16 304
16 304
Free-cash
140 868
147 296
74 092
59 975

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
₽116264
₽116767
₽117461
₽117865
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
-
-
-
204 500
income
-
-
-
65 037
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
77 296
Employee
14 840
-
196 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
64 664
-
total
5 097
-
69 994
-
Employer
14 840
-
196 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
186 321
204 500
-
-
income
40 991
44 990
-
-
total
40 991
44 990
-
-
Dividends
145 331
159 510
-
-
withholding
29 066
31 902
-
-
total
29 066
31 902
-
-
Income
204 500
204 500
204 500
204 500
Total tax
78 493
76 892
77 990
77 296
After tax
126 007
127 608
126 510
127 204
Living cost
9 743
9 743
9 743
9 743
Free-cash
116 264
117 865
116 767
117 461

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
₽108536
₽73503
₽78293
₽111028
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
-
-
-
204 500
pensions
-
-
-
20 918
unemployment
-
-
-
178
income
-
-
-
68 185
other
-
-
-
-
health
-
-
-
7 425
surtax
-
-
-
11 899
total
-
-
-
108 605
Employee
26 391
-
182 484
-
health
674
-
2 666
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 976
-
income
4 424
-
63 497
-
other
-
-
-
-
surtax
94
-
10 960
-
total
8 790
-
91 379
-
Employer
26 391
-
182 484
-
health
1 200
-
4 759
-
pensions
3 519
-
13 942
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 016
-
Corporate
172 553
204 500
-
-
income
44 863
53 170
-
-
total
44 863
53 170
-
-
Dividends
127 690
151 330
-
-
withholding
19 153
22 700
-
-
total
19 153
22 700
-
-
Income
204 500
204 500
204 500
204 500
Total tax
78 362
75 870
113 395
108 605
After tax
126 138
128 630
91 105
95 895
Living cost
17 602
17 602
17 602
17 602
Free-cash
108 536
111 028
73 503
78 293

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
₽87208
₽27915
₽79458
₽87596
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
-
-
-
204 500
pensions
-
-
-
16 937