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
₽ 205500
per

Your estimated
City
free-cash

Valencia , Spain
₽110851
₽89430
₽92761
₽114357
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
-
-
-
205 500
unemployment
-
-
-
515
income
-
-
-
68 835
other
-
-
-
74
accident
-
-
-
663
pensions
-
-
-
20 822
total
-
-
-
90 909
Employee
29 353
-
182 043
-
unemployment
455
-
1 140
-
pensions
1 380
-
3 459
-
income
5 659
-
66 110
-
other
29
-
74
-
total
7 523
-
70 783
-
Employer
29 353
-
182 043
-
pensions
6 927
-
17 365
-
accident
581
-
1 457
-
unemployment
1 615
-
4 046
-
other
235
-
589
-
total
9 358
-
23 457
-
Corporate
166 789
205 500
-
-
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.

25 018
30 825
-
-
total
25 018
30 825
-
-
Dividends
141 771
174 675
-
-
withholding
30 920
38 488
-
-
total
30 920
38 488
-
-
Income
205 500
205 500
205 500
205 500
Total tax
72 819
69 313
94 240
90 909
After tax
132 681
136 187
111 260
114 591
Living cost
21 830
21 830
21 830
21 830
Free-cash
110 851
114 357
89 430
92 761

Estimated living cost  is ₽21830 per week

₽14735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4614
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
₽124466
₽104683
₽106318
₽129827
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
-
-
-
205 500
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.

-
-
-
28 972
income
-
-
-
38 011
other
-
-
-
5 734
health
-
-
-
5 312
total
-
-
-
78 029
Employee
28 823
-
174 649
-
health
404
-
1 690
-
unemployment
288
-
1 207
-
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.

2 017
-
8 450
-
income
4 962
-
37 467
-
total
7 671
-
48 814
-
Employer
28 823
-
174 649
-
health
404
-
1 690
-
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.

4 901
-
20 522
-
accident
230
-
1 396
-
unemployment
288
-
1 207
-
other
1 442
-
6 035
-
total
7 265
-
30 850
-
Corporate
169 412
205 500
-
-
income
35 576
43 155
-
-
total
35 576
43 155
-
-
Dividends
133 836
162 345
-
-
withholding
9 369
11 365
-
-
total
9 369
11 365
-
-
Income
205 500
205 500
205 500
205 500
Total tax
59 881
54 520
79 664
78 029
After tax
145 619
150 980
125 836
127 471
Living cost
21 153
21 153
21 153
21 153
Free-cash
124 466
129 827
104 683
106 318

Estimated living cost  is ₽21153 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
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.
₽4438
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
₽161641
₽165677
₽156906
₽165319
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
-
-
-
205 500
pensions

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

-
-
-
4 094
unemployment
-
-
-
111
income
-
-
-
30 825
health
-
-
-
3 181
total
-
-
-
38 211
Employee
13 749
-
200 073
-
health
632
-
1 272
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 207
-
2 429
-
income
1 375
-
20 008
-
total
3 365
-
24 013
-
Employer
13 749
-
200 073
-
health
949
-
1 909
-
pensions

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

1 515
-
3 048
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 697
-
5 427
-
Corporate
189 053
205 500
-
-
income
18 906
20 550
-
-
total
18 906
20 550
-
-
Dividends
170 148
184 950
-
-
withholding
8 508
9 248
-
-
total
8 508
9 248
-
-
Income
205 500
205 500
205 500
205 500
Total tax
33 476
29 798
29 440
38 211
After tax
172 024
175 702
176 060
167 289
Living cost
10 383
10 383
10 383
10 383
Free-cash
161 641
165 319
165 677
156 906

Estimated living cost  is ₽10383 per week

₽6062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3305
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
₽81100
₽75236
₽82958
₽76411
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
-
-
-
205 500
income
-
-
-
42 031
other
-
-
-
6 371
health
-
-
-
10 740
social contributions
-
-
-
5 856
pensions
-
-
-
30 384
surtax
-
-
-
-
total
-
-
-
95 382
Employee
33 975
-
155 568
-
pensions
3 841
-
12 258
-
income
2 005
-
36 489
-
social contributions
969
-
4 432
-
surtax
-
-
-
-
total
6 815
-
53 179
-
Employer
33 975
-
155 568
-
health
2 379
-
16 099
-
social contributions
102
-
467
-
pensions
5 581
-
20 377
-
unemployment
1 375
-
6 300
-
other
1 172
-
6 682
-
total
10 609
-
49 925
-
Corporate
160 915
205 500
-
-
income
45 057
57 541
-
-
surtax
-
-
-
-
total
45 057
57 541
-
-
Dividends
115 858
147 959
-
-
social contributions
19 929
25 449
-
-
surtax
-
-
-
-
withholding
14 830
18 939
-
-
total
34 759
44 388
-
-
Income
205 500
205 500
205 500
205 500
Total tax
97 240
101 929
103 104
95 382
After tax
108 260
103 571
102 396
110 118
Living cost
27 160
27 160
27 160
27 160
Free-cash
81 100
76 411
75 236
82 958

Estimated living cost  is ₽27160 per week

₽17125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7365
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
₽98123
₽75629
₽69467
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
-
-
-
205 500
pensions
-
-
-
9 301
income
-
-
-
77 526
health
-
-
-
9 789
total
-
-
-
96 616
Employee
67 791
67 791
190 747
-
health
10 405
8 850
9 789
-
pensions
12 202
9 301
9 301
-
income

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

11 096
11 096
40 279
-
total
33 703
29 247
59 369
-
Employer
67 791
67 791
190 747
-
health
4 712
4 712
5 856
-
pensions
4 718
4 718
5 865
-
unemployment
2 440
2 440
3 032
-
total
11 870
11 870
14 753
-
Corporate
126 670
125 839
-
-
income
25 334
25 168
-
-
total
25 334
25 168
-
-
Dividends
101 336
100 670
-
-
income
21 533
21 392
-
-
withholding
15 200
15 101
-
-
total
36 733
36 493
-
-
Income
205 500
205 500
205 500
205 500
Total tax
107 640
102 778
74 122
96 616
After tax
97 860
102 722
131 378
108 884
Living cost
33 255
33 255
33 255
33 255
Free-cash
64 605
69 467
98 123
75 629

Estimated living cost  is ₽33255 per week

₽23567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
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.
₽6161
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
₽88275
₽101335
₽74782
₽79493
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.

-
-
-
205 500
trade
-
-
-
26 553
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.

-
-
-
70 803
health

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

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

-
-
-
5 423
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.

-
-
-
3 894
total
-
-
-
106 673
Employee

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

30 363
-
205 500
-
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.

5 423
-
5 423
-
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.

848
-
70 803
-
surtax

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

47
-
3 894
-
total
6 318
-
80 120
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 137
205 500
-
-
income
26 271
30 825
-
-
trade
27 585
32 366
-
-
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.

1 445
1 695
-
-
chamber of commerce
372
416
-
-
total
55 673
65 302
-
-
Dividends
119 465
140 198
-
-
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.

1 625
1 912
-
-
withholding
29 564
34 748
-
-
total
31 189
36 660
-
-
Income
205 500
205 500
205 500
205 500
Total tax
93 180
101 962
80 120
106 673
After tax
112 320
103 538
125 380
98 827
Living cost
24 045
24 045
24 045
24 045
Free-cash
88 275
79 493
101 335
74 782

Estimated living cost  is ₽24045 per week

₽15125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5667
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
₽127000
₽117162
₽118790
₽131321
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
-
-
-
205 500
income
-
-
-
50 245
health
-
-
-
5 241
social contributions
-
-
-
12 844
total
-
-
-
68 330
Employee
61 042
61 042
195 059
-
health
473
1 038
3 316
-
income
6 646
5 651
49 368
-
social contributions
2 308
5 066
6 833
-
total
9 427
11 755
59 517
-
Employer
61 042
61 042
195 059
-
health
514
1 130
3 608
-
social contributions
2 308
5 066
6 833
-
total
2 822
6 196
10 441
-
Corporate
174 871
138 262
-
-
income
21 859
17 282
-
-
total
21 859
17 282
-
-
Dividends
153 013
120 979
-
-
withholding
26 012
20 566
-
-
total
26 012
20 566
-
-
Income
205 500
205 500
205 500
205 500
Total tax
60 120
55 799
69 958
68 330
After tax
145 380
149 701
135 542
137 170
Living cost
18 380
18 380
18 380
18 380
Free-cash
127 000
131 321
117 162
118 790

Estimated living cost  is ₽18380 per week

₽11015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1803
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.
₽5155
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
₽91191
₽63889
₽80941
₽91989
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.

-
-
-
205 500
income
-
-
-
28 248
social contributions

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

-
-
-
71 411
surtax
-
-
-
-
total
-
-
-
99 659
Employee
36 510
-
166 061
-
income
7 594
-
58 323
-
social contributions
4 016
-
18 267
-
surtax
-
-
682
-
total
11 610
-
77 272
-
Employer
36 510
-
166 061
-
social contributions
8 671
-
39 439
-
total
8 671
-
39 439
-
Corporate
160 318
205 500
-
-
income
33 666
43 155
-
-
surtax
-
-
-
-
total
33 666
43 155
-
-
Dividends
126 652
162 345
-
-
withholding
35 462
45 456
-
-
total
35 462
45 456
-
-
Income
205 500
205 500
205 500
205 500
Total tax
89 409
88 611
116 711
99 659
After tax
116 091
116 889
88 789
105 841
Living cost
24 900
24 900
24 900
24 900
Free-cash
91 191
91 989
63 889
80 941

Estimated living cost  is ₽24900 per week

₽18630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
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.
₽4385
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
₽188091
₽158392
₽197437
₽189217
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%.

-
-
-
205 500
microenterprise

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

-
-
-
2 055
total
-
-
-
2 055
Employee
7 510
-
205 500
-
income
1 502
-
41 100
-
total
1 502
-
41 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

197 990
205 500
-
-
total
-
-
-
-
Dividends
197 990
205 500
-
-
withholding
9 899
10 275
-
-
total
9 899
10 275
-
-
Income
205 500
205 500
205 500
205 500
Total tax
11 401
10 275
41 100
2 055
After tax
194 099
195 225
164 400
203 445
Living cost
6 008
6 008
6 008
6 008
Free-cash
188 091
189 217
158 392
197 437

Estimated living cost  is ₽6008 per week

₽3723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1620
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
₽113554
₽66812
₽71273
₽120195
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.

-
-
-
205 500
pensions
-
-
-
37 529
unemployment
-
-
-
309
income
-
-
-
54 875
health
-
-
-
20 221
total
-
-
-
112 934
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.

35 104
-
177 814
-
health
2 267
-
11 487
-
unemployment
50
-
249
-
pensions
5 441
-
27 561
-
income
6 054
-
50 413
-
total
13 812
-
89 710
-
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.

35 104
-
177 814
-
health
2 338
-
11 842
-
pensions
3 106
-
15 736
-
unemployment
21
-
107
-
total
5 465
-
27 685
-
Corporate
164 931
205 500
-
-
income
31 337
39 044
-
-
total
31 337
39 044
-
-
Dividends
133 594
166 456
-
-
withholding
20 039
24 968
-
-
total
20 039
24 968
-
-
Income
205 500
205 500
205 500
205 500
Total tax
70 653
64 012
117 395
112 934
After tax
134 847
141 488
88 105
92 566
Living cost
21 293
21 293
21 293
21 293
Free-cash
113 554
120 195
66 812
71 273

Estimated living cost  is ₽21293 per week

₽14613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4904
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
₽103338
₽113289
₽140875
₽100565
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.

-
-
-
205 500
income
-
-
-
30 825
health

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

-
-
-
4 983
total
-
-
-
35 808
Employee
36 417
-
201 848
-
social contributions
3 649
-
3 652
-
income
3 951
-
56 090
-
total
7 600
-
59 742
-
Employer
36 417
-
201 848
-
social contributions
3 649
-
3 652
-
total
3 649
-
3 652
-
Corporate
165 435
205 500
-
-
income
57 902
71 924
-
-
total
57 902
71 924
-
-
Dividends
107 533
133 576
-
-
social contributions
4 194
4 194
-
-
total
4 194
4 194
-
-
Income
205 500
205 500
205 500
205 500
Total tax
73 345
76 118
63 394
35 808
After tax
132 155
129 382
142 106
169 692
Living cost
28 817
28 817
28 817
28 817
Free-cash
103 338
100 565
113 289
140 875

Estimated living cost  is ₽28817 per week

₽18981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
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.
₽7121
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
₽108952
₽59033
₽115139
₽108539
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
-
-
-
205 500
income
-
-
-
30 825
health
-
-
-
14 344
social contributions
-
-
-
28 359
total
-
-
-
73 528
Employee
26 916
-
205 500
-
health
1 879
-
14 344
-
income
4 489
-
86 931
-
social contributions
3 715
-
28 359
-
total
10 083
-
129 634
-
Employer
26 916
-
205 500
-
total
-
-
-
-
Corporate
178 584
205 500
-
-
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%.

8 929
10 276
-
-
total
8 929
10 276
-
-
Dividends
169 655
195 224
-
-
social contributions
23 412
26 941
-
-
withholding
25 449
29 284
-
-
health
11 842
13 627
-
-
total
60 703
69 852
-
-
Income
205 500
205 500
205 500
205 500
Total tax
79 715
80 128
129 634
73 528
After tax
125 785
125 372
75 866
131 972
Living cost
16 833
16 833
16 833
16 833
Free-cash
108 952
108 539
59 033
115 139

Estimated living cost  is ₽16833 per week

₽11265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4141
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
₽111356
₽92965
₽102432
₽119279
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
-
-
-
205 500
income
-
-
-
22 774
health
-
-
-
27 742
social contributions
-
-
-
25 933
solidarity contribution
-
-
-
4 411
total
-
-
-
80 860
Employee
32 659
-
168 162
-
health
4 409
-
22 702
-
solidarity contribution
-
-
3 561
-
income
3 919
-
20 953
-
social contributions
2 123
-
5 773
-
total
10 451
-
52 989
-
Employer
32 659
-
168 162
-
health
2 939
-
15 135
-
social contributions
8 165
-
22 203
-
total
11 104
-
37 338
-
Corporate
161 738
205 500
-
-
income
30 730
39 045
-
-
total
30 730
39 045
-
-
Dividends
131 007
166 455
-
-
withholding
19 651
24 968
-
-
total
19 651
24 968
-
-
Income
205 500
205 500
205 500
205 500
Total tax
71 936
64 013
90 327
80 860
After tax
133 564
141 487
115 173
124 640
Living cost
22 208
22 208
22 208
22 208
Free-cash
111 356
119 279
92 965
102 432

Estimated living cost  is ₽22208 per week

₽16515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
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.
₽4078
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
₽184106
₽155037
₽194082
₽185862
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%.

-
-
-
205 500
microenterprise

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

-
-
-
2 055
total
-
-
-
2 055
Employee
11 704
-
205 500
-
income
2 341
-
41 100
-
total
2 341
-
41 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

193 796
205 500
-
-
total
-
-
-
-
Dividends
193 796
205 500
-
-
withholding
9 690
10 275
-
-
total
9 690
10 275
-
-
Income
205 500
205 500
205 500
205 500
Total tax
12 031
10 275
41 100
2 055
After tax
193 469
195 225
164 400
203 445
Living cost
9 363
9 363
9 363
9 363
Free-cash
184 106
185 862
155 037
194 082

Estimated living cost  is ₽9363 per week

₽6336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
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.
₽2320
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
₽70689
₽64055
₽71777
₽65230
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
-
-
-
205 500
income
-
-
-
42 031
other
-
-
-
6 371
health
-
-
-
10 740
social contributions
-
-
-
5 856
pensions
-
-
-
30 384
surtax
-
-
-
-
total
-
-
-
95 382
Employee
49 720
-
155 568
-
pensions
5 624
-
12 258
-
income
4 338
-
36 489
-
social contributions
1 416
-
4 432
-
surtax
-
-
-
-
total
11 378
-
53 179
-
Employer
49 720
-
155 568
-
health
3 480
-
16 099
-
social contributions
149
-
467
-
pensions
8 170
-
20 377
-
unemployment
2 014
-
6 300
-
other
1 716
-
6 682
-
total
15 529
-
49 925
-
Corporate
140 252
205 500
-
-
income
39 270
57 541
-
-
surtax
-
-
-
-
total
39 270
57 541
-
-
Dividends
100 982
147 959
-
-
social contributions
17 368
25 449
-
-
surtax
-
-
-
-
withholding
12 925
18 939
-
-
total
30 293
44 388
-
-
Income
205 500
205 500
205 500
205 500
Total tax
96 470
101 929
103 104
95 382
After tax
109 030
103 571
102 396
110 118
Living cost
38 341
38 341
38 341
38 341
Free-cash
70 689
65 230
64 055
71 777

Estimated living cost  is ₽38341 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽8730
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
₽130901
₽121650
₽121649
₽134793
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.

-
-
-
205 500
pensions
-
-
-
15 201
unemployment
-
-
-
877
income
-
-
-
48 070
health
-
-
-
6 022
total
-
-
-
70 170
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.

20 631
-
195 035
-
health
1 062
-
3 011
-
unemployment
155
-
438
-
pensions
2 888
-
8 185
-
income
2 844
-
48 070
-
total
6 949
-
59 704
-
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.

20 631
-
195 035
-
health
1 062
-
3 011
-
pensions
2 476
-
7 016
-
unemployment
155
-
438
-
total
3 693
-
10 465
-
Corporate
181 176
205 500
-
-
income
27 176
30 825
-
-
total
27 176
30 825
-
-
Dividends
154 000
174 675
-
-
withholding
23 100
26 201
-
-
total
23 100
26 201
-
-
Income
205 500
205 500
205 500
205 500
Total tax
60 918
57 026
70 169
70 170
After tax
144 582
148 474
135 331
135 330
Living cost
13 681
13 681
13 681
13 681
Free-cash
130 901
134 793
121 650
121 649

Estimated living cost  is ₽13681 per week

₽9212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽3016
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
₽63071
₽99967
₽105175
₽39966
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
-
-
-
205 500
pensions
-
-
-
18 905
city
-
-
-
2 167
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.

-
-
-
4 110
health
-
-
-
462
regional
-
-
-
12 988
national
-
-
-
7 689
total
-
-
-
46 321
Employee
63 198
-
186 087
-
health
143
-
419
-
unemployment
-
-
-
-
city
678
-
2 028
-
pensions
5 310
-
13 225
-
regional
2 069
-
11 826
-
national
299
-
6 666
-
total
8 499
-
34 164
-
Employer
63 198
-
186 087
-
health
143
-
419
-
pensions
5 310
-
13 225
-
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.

1 264
-
3 721
-
total
6 717
-
17 365
-
Corporate
134 891
205 500
-
-
regional
28 530
43 464
-
-
national
11 465
17 468
-
-
total
39 995
60 932
-
-
Dividends
94 896
144 568
-
-
withholding
33 214
50 598
-
-
total
33 214
50 598
-
-
Income
205 500
205 500
205 500
205 500
Total tax
88 425
111 530
51 529
46 321
After tax
117 075
93 970
153 971
159 179
Living cost
54 004
54 004
54 004
54 004
Free-cash
63 071
39 966
99 967
105 175

Estimated living cost  is ₽54004 per week

₽35118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
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.
₽13376
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
₽96666
₽68986
₽92525
₽93345
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

-
-
-
205 500
municipal
-
-
-
36 480
health
-
-
-
2 834
national
-
-
-
43 183
total
-
-
-
82 497
Employee
41 765
-
172 878
-
health
312
-
2 330
-
unemployment
627
-
2 593
-
pensions
2 819
-
11 669
-
national
690
-
28 689
-
municipal
6 841
-
28 132
-
total
11 289
-
73 413
-
Employer
41 765
-
172 878
-
health
321
-
1 332
-
pensions
7 246
-
29 994
-
accident
42
-
173
-
unemployment
271
-
1 124
-
total
7 880
-
32 623
-
Corporate
155 854
205 500
-
-
income
31 170
41 101
-
-
total
31 170
41 101
-
-
Dividends

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

93 513
123 299
-
-
municipal
16 832
22 195
-
-
national
11 185
18 381
-
-
total
28 017
40 576
-
-
Income
205 500
205 500
205 500
205 500
Total tax
78 356
81 677
106 036
82 497
After tax
127 144
123 823
99 464
123 003
Living cost
30 478
30 478
30 478
30 478
Free-cash
96 666
93 345
68 986
92 525

Estimated living cost  is ₽30478 per week

₽19908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽7154
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
₽73942
₽39741
₽60573
₽82325
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
-
-
-
205 500
communal

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

-
-
-
11 142
social contributions
-
-
-
19 792
national
-
-
-
85 049
total
-
-
-
115 983
Employee

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

56 784
-
159 164
-
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.

2 668
-
7 481
-
communal

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

2 962
-
8 302
-
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.

494
-
1 384
-
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.

4 259
-
11 937
-
national
17 458
-
61 376
-
total
27 841
-
90 480
-
Employer

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

56 784
-
159 164
-
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.

3 492
-
9 789
-
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.

5 032
-
14 102
-
surtax
6 439
-
18 050
-
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.

738
-
2 070
-
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.

829
-
2 324
-
total
16 530
-
46 335
-
Corporate
132 187
205 500
-
-
income
26 437
46 037
-
-
surtax
529
920
-
-
total
26 966
46 957
-
-
Dividends
105 222
158 542
-
-
withholding

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

31 277
47 274
-
-
total
31 277
47 274
-
-
Income
205 500
205 500
205 500
205 500
Total tax
102 614
94 231
136 815
115 983
After tax
102 886
111 269
68 685
89 517
Living cost
28 944
28 944
28 944
28 944
Free-cash
73 942
82 325
39 741
60 573

Estimated living cost  is ₽28944 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽7317
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
₽77081
₽67016
₽67850
₽77852
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
-
-
-
205 500
unemployment
-
-
-
75
municipal
-
-
-
54 776
other
-
-
-
8 748
health
-
-
-
4 698
national
-
-
-
26 713
accident
-
-
-
151
pensions
-
-
-
8 138
total
-
-
-
103 299
Employee
48 947
-
181 845
-
national
-
-
26 252
-
municipal
14 596
-
54 226
-
total
14 596
-
80 478
-
Employer
48 947
-
181 845
-
health
3 010
-
4 630
-
pensions
5 291
-
8 138
-
accident
98
-
151
-
unemployment
1 292
-
1 988
-
other
5 688
-
8 748
-
total
15 379
-
23 655
-
Corporate
141 174
205 500
-
-
income
31 058
45 210
-
-
total
31 058
45 210
-
-
Dividends
110 115
160 290
-
-
withholding
33 035
48 087
-
-
total
33 035
48 087
-
-
Income
205 500
205 500
205 500
205 500
Total tax
94 068
93 297
104 133
103 299
After tax
111 432
112 203
101 367
102 201
Living cost
34 351
34 351
34 351
34 351
Free-cash
77 081
77 852
67 016
67 850

Estimated living cost  is ₽34351 per week

₽22767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
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.
₽7692
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
₽44766
₽155684
₽103841
₽86850
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
-
-
-
205 500
income
-
-
-
40 056
social contributions
-
-
-
23 427
total
-
-
-
63 483
Employee
54 739
-
-
-
income
12 074
-
-
-
social contributions
4 489
-
640
-
total
16 563
-
640
-
Employer
54 739
-
-
-
social contributions
77 182
-
11 000
-
total
77 182
-
11 000
-
Corporate
73 578
205 500
-
-
income
16 187
45 210
-
-
total
16 187
45 210
-
-
Dividends
57 391
160 290
-
-
income
12 626
35 264
-
-
total
12 626
35 264
-
-
Income
205 500
205 500
205 500
205 500
Total tax
122 558
80 474
11 640
63 483
After tax
82 942
125 026
193 860
142 017
Living cost
38 176
38 176
38 176
38 176
Free-cash
44 766
86 850
155 684
103 841

Estimated living cost  is ₽38176 per week

₽24770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽9329
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
₽120661
₽109794
₽111422
₽123953
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
-
-
-
205 500
income
-
-
-
50 245
health
-
-
-
5 241
social contributions
-
-
-
12 844
total
-
-
-
68 330
Employee
61 042
61 042
195 059
-
health
607
1 038
3 316
-
income
6 410
5 651
49 368
-
social contributions
2 966
5 066
6 833
-
total
9 983
11 755
59 517
-
Employer
61 042
61 042
195 059
-
health
661
1 130
3 608
-
social contributions
2 966
5 066
6 833
-
total
3 627
6 196
10 441
-
Corporate
166 141
138 262
-
-
income
20 768
17 282
-
-
total
20 768
17 282
-
-
Dividends
145 373
120 979
-
-
withholding
24 713
20 566
-
-
total
24 713
20 566
-
-
Income
205 500
205 500
205 500
205 500
Total tax
59 091
55 799
69 958
68 330
After tax
146 409
149 701
135 542
137 170
Living cost
25 748
25 748
25 748
25 748
Free-cash
120 661
123 953
109 794
111 422

Estimated living cost  is ₽25748 per week

₽17601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5703
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
₽103050
₽84429
₽102634
₽98541
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
-
-
-
205 500
income
-
-
-
66 316
pensions
-
-
-
8 277
total
-
-
-
74 593
Employee
38 808
-
178 855
-
health
506
-
2 315
-
pensions
2 962
-
9 658
-
income
7 067
-
54 180
-
total
10 535
-
66 153
-
Employer
38 808
-
178 855
-
health
738
-
3 398
-
pensions
3 921
-
23 247
-
total
4 659
-
26 645
-
Corporate
162 033
205 500
-
-
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.

30 787
39 045
-
-
total
30 787
39 045
-
-
Dividends
131 246
166 455
-
-
withholding
28 196
39 641
-
-
total
28 196
39 641
-
-
Income
205 500
205 500
205 500
205 500
Total tax
74 177
78 686
92 798
74 593
After tax
131 323
126 814
112 702
130 907
Living cost
28 273
28 273
28 273
28 273
Free-cash
103 050
98 541
84 429
102 634

Estimated living cost  is ₽28273 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽5922
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
₽73007
₽59884
₽66406
₽76618
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
-
-
-
205 500
municipal
-
-
-
1 491
regional
-
-
-
5 255
social contributions
-
-
-
39 731
national
-
-
-
60 992
total
-
-
-
107 469
Employee
66 894
-
205 500
-
social contributions
22 556
-
52 089
-
regional
1 010
-
4 844
-
national
11 304
-
55 677
-
municipal
399
-
1 381
-
total
35 269
-
113 991
-
Employer
66 894
-
205 500
-
total
-
-
-
-
Corporate
138 606
205 500
-
-
nationa
33 266
49 320
-
-
municipal
6 681
9 905
-
-
total
39 947
59 225
-
-
Dividends
98 659
146 275
-
-
withholding
25 652
38 032
-
-
total
25 652
38 032
-
-
Income
205 500
205 500
205 500
205 500
Total tax
100 868
97 257
113 991
107 469
After tax
104 632
108 243
91 509
98 031
Living cost
31 625
31 625
31 625
31 625
Free-cash
73 007
76 618
59 884
66 406

Estimated living cost  is ₽31625 per week

₽22214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6756
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
₽14040
₽97078
₽123242
-₽342
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
-
-
-
205 500
pensions
-
-
-
3 213
income
-
-
-
59 892
other
-
-
-
286
health
-
-
-
1 684
accident
-
-
-
195
total
-
-
-
65 270
Employee
26 723
-
189 198
-
health
3 060
-
21 663
-
pensions
3 009
-
5 891
-
income
3 666
-
47 579
-
total
9 735
-
75 133
-
Employer
26 723
-
189 198
-
pensions
4 345
-
8 507
-
accident
446
-
3 159
-
unemployment
655
-
4 635
-
total
5 446
-
16 301
-
Corporate
173 331
205 500
-
-
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.

155 998
184 950
-
-
total
155 998
184 950
-
-
Dividends
17 333
20 550
-
-
withholding
3 293
3 904
-
-
total
3 293
3 904
-
-
Income
205 500
205 500
205 500
205 500
Total tax
174 472
188 854
91 434
65 270
After tax
31 028
16 646
114 066
140 230
Living cost
16 988
16 988
16 988
16 988
Free-cash
14 040
-342
97 078
123 242

Estimated living cost  is ₽16988 per week

₽12451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
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.
₽3242
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
₽85388
₽94732
₽70540
₽75005
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.

-
-
-
205 500
trade
-
-
-
24 192
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.

-
-
-
70 803
health

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

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

-
-
-
5 423
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.

-
-
-
3 894
total
-
-
-
104 312
Employee

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

39 498
-
205 500
-
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.

5 423
-
5 423
-
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.

3 248
-
70 803
-
surtax

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

179
-
3 894
-
total
8 850
-
80 120
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 002
205 500
-
-
income
24 900
30 825
-
-
trade
23 822
29 489
-
-
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.

1 369
1 695
-
-
chamber of commerce
365
422
-
-
total
50 456
62 431
-
-
Dividends
115 546
143 069
-
-
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.

1 573
1 951
-
-
withholding
28 585
35 465
-
-
total
30 158
37 416
-
-
Income
205 500
205 500
205 500
205 500
Total tax
89 464
99 847
80 120
104 312
After tax
116 036
105 653
125 380
101 188
Living cost
30 648
30 648
30 648
30 648
Free-cash
85 388
75 005
94 732
70 540

Estimated living cost  is ₽30648 per week

₽21142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽5764
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
₽141374
₽74247
₽60042
₽147884
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.

-
-
-
205 500
income
-
-
-
46 126
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.

-
-
-
30 415
surtax
-
-
-
52 402
total
-
-
-
128 943
Employee
23 196
-
164 603
-
income
4 129
-
39 567
-
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.

2 552
-
10 407
-
surtax
-
-
23 867
-
total
6 681
-
73 841
-
Employer
23 196
-
164 603
-
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.

5 587
-
22 791
-
surtax
-
-
18 106
-
total
5 587
-
40 897
-
Corporate
176 716
205 500
-
-
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%.

35 343
41 101
-
-
total
35 343
41 101
-
-
Dividends

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

141 373
164 399
-
-
total
-
-
-
-
Income
205 500
205 500
205 500
205 500
Total tax
47 611
41 101
114 738
128 943
After tax
157 889
164 399
90 762
76 557
Living cost
16 515
16 515
16 515
16 515
Free-cash
141 374
147 884
74 247
60 042

Estimated living cost  is ₽16515 per week

₽10536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4031
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
₽116790
₽117276
₽117975
₽118404
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
-
-
-
205 500
income
-
-
-
65 331
health
-
-
-
5 197
pensions
-
-
-
7 169
total
-
-
-
77 697
Employee
14 969
-
197 435
-
health
748
-
1 792
-
unemployment
150
-
359
-
pensions
1 347
-
3 226
-
income
2 896
-
64 954
-
total
5 141
-
70 331
-
Employer
14 969
-
197 435
-
health
1 422
-
3 405
-
pensions
1 647
-
3 943
-
unemployment
299
-
717
-
total
3 368
-
8 065
-
Corporate
187 163
205 500
-
-
income
41 176
45 210
-
-
total
41 176
45 210
-
-
Dividends
145 987
160 290
-
-
withholding
29 197
32 058
-
-
total
29 197
32 058
-
-
Income
205 500
205 500
205 500
205 500
Total tax
78 882
77 268
78 396
77 697
After tax
126 618
128 232
127 104
127 803
Living cost
9 828
9 828
9 828
9 828
Free-cash
116 790
118 404
117 276
117 975

Estimated living cost  is ₽9828 per week

₽5840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
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.
₽2966
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
₽108904
₽73693
₽78548
₽111428
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
-
-
-
205 500
pensions
-
-
-
21 190
unemployment
-
-
-
181
income
-
-
-
68 325
other
-
-
-
-
health
-
-
-
7 522
surtax
-
-
-
11 904
total
-
-
-
109 122
Employee
26 734
-
183 198
-
health
682
-
2 701
-
unemployment
1 860
-
7 374
-
pensions
1 784
-
7 067
-
income
4 482
-
63 577
-
other
-
-
-
-
surtax
95
-
10 955
-
total
8 903
-
91 674
-
Employer
26 734
-
183 198
-
health
1 216
-
4 821
-
pensions
3 564
-
14 123
-
unemployment
848
-
3 358
-
other
-
-
-
-
total
5 628
-
22 302
-
Corporate
173 138
205 500
-
-
income
45 016
53 430
-
-
total
45 016
53 430
-
-
Dividends
128 122
152 070
-
-
withholding
19 218
22 811
-
-
total
19 218
22 811
-
-
Income
205 500
205 500
205 500
205 500
Total tax
78 765
76 241
113 976
109 122
After tax
126 735
129 259
91 524
96 378
Living cost
17 830
17 830
17 830
17 830
Free-cash
108 904
111 428
73 693
78 548

Estimated living cost  is ₽17830 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽5102
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
₽87443
₽27895
₽79667
₽87835
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
-
-
-
205 500
pensions
-
-
-
17 157