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
₽ 206500
per

Your estimated
City
free-cash

Valencia , Spain
₽111640
₽90112
₽93425
₽115125
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
-
-
-
206 500
unemployment
-
-
-
512
income
-
-
-
69 419
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 705
total
-
-
-
91 368
Employee
29 188
-
183 175
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
66 709
-
other
28
-
73
-
total
7 479
-
71 355
-
Employer
29 188
-
183 175
-
pensions
6 888
-
17 267
-
accident
578
-
1 449
-
unemployment
1 606
-
4 024
-
other
234
-
586
-
total
9 306
-
23 326
-
Corporate
168 007
206 500
-
-
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.

25 201
30 975
-
-
total
25 201
30 975
-
-
Dividends
142 806
175 525
-
-
withholding
31 167
38 693
-
-
total
31 167
38 693
-
-
Income
206 500
206 500
206 500
206 500
Total tax
73 153
69 668
94 681
91 368
After tax
133 347
136 832
111 819
115 132
Living cost
21 707
21 707
21 707
21 707
Free-cash
111 640
115 125
90 112
93 425

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
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.
₽4588
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
₽125351
₽105697
₽107338
₽130682
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
-
-
-
206 500
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.

-
-
-
28 809
income
-
-
-
38 336
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
78 128
Employee
28 661
-
175 805
-
health
401
-
1 681
-
unemployment
286
-
1 200
-
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.

2 006
-
8 402
-
income
4 934
-
37 790
-
total
7 627
-
49 073
-
Employer
28 661
-
175 805
-
health
401
-
1 681
-
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.

4 873
-
20 407
-
accident
229
-
1 407
-
unemployment
286
-
1 200
-
other
1 434
-
6 001
-
total
7 223
-
30 696
-
Corporate
170 615
206 500
-
-
income
35 829
43 365
-
-
total
35 829
43 365
-
-
Dividends
134 787
163 135
-
-
withholding
9 436
11 419
-
-
total
9 436
11 419
-
-
Income
206 500
206 500
206 500
206 500
Total tax
60 115
54 784
79 769
78 128
After tax
146 385
151 716
126 731
128 372
Living cost
21 034
21 034
21 034
21 034
Free-cash
125 351
130 682
105 697
107 338

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
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.
₽4413
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
₽162517
₽166606
₽157784
₽166191
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
-
-
-
206 500
pensions

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

-
-
-
4 088
unemployment
-
-
-
110
income
-
-
-
30 975
health
-
-
-
3 176
total
-
-
-
38 349
Employee
13 728
-
201 081
-
health
631
-
1 270
-
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.

1 205
-
2 425
-
income
1 373
-
20 108
-
total
3 360
-
24 107
-
Employer
13 728
-
201 081
-
health
948
-
1 906
-
pensions

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

1 513
-
3 044
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 694
-
5 420
-
Corporate
190 079
206 500
-
-
income
19 008
20 650
-
-
total
19 008
20 650
-
-
Dividends
171 071
185 850
-
-
withholding
8 554
9 292
-
-
total
8 554
9 292
-
-
Income
206 500
206 500
206 500
206 500
Total tax
33 616
29 942
29 527
38 349
After tax
172 884
176 558
176 973
168 151
Living cost
10 367
10 367
10 367
10 367
Free-cash
162 517
166 191
166 606
157 784

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
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.
₽3300
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
₽81731
₽75600
₽83486
₽77070
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
-
-
-
206 500
income
-
-
-
42 493
other
-
-
-
6 401
health
-
-
-
10 838
social contributions
-
-
-
5 884
pensions
-
-
-
30 391
surtax
-
-
-
-
total
-
-
-
96 007
Employee
33 784
-
156 247
-
pensions
3 820
-
12 346
-
income
1 994
-
36 841
-
social contributions
963
-
4 452
-
surtax
-
-
-
-
total
6 777
-
53 639
-
Employer
33 784
-
156 247
-
health
2 365
-
16 211
-
social contributions
102
-
469
-
pensions
5 550
-
20 520
-
unemployment
1 368
-
6 327
-
other
1 165
-
6 727
-
total
10 550
-
50 254
-
Corporate
162 166
206 500
-
-
income
45 407
57 821
-
-
surtax
-
-
-
-
total
45 407
57 821
-
-
Dividends
116 759
148 679
-
-
social contributions
20 083
25 572
-
-
surtax
-
-
-
-
withholding
14 945
19 030
-
-
total
35 028
44 602
-
-
Income
206 500
206 500
206 500
206 500
Total tax
97 762
102 423
103 893
96 007
After tax
108 738
104 077
102 607
110 493
Living cost
27 007
27 007
27 007
27 007
Free-cash
81 731
77 070
75 600
83 486

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7324
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
₽65336
₽98946
₽76243
₽70173
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
-
-
-
206 500
pensions
-
-
-
9 249
income
-
-
-
78 206
health
-
-
-
9 734
total
-
-
-
97 189
Employee
67 409
67 409
191 830
-
health
10 347
8 801
9 734
-
pensions
12 134
9 249
9 249
-
income

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

11 034
11 034
40 833
-
total
33 515
29 084
59 816
-
Employer
67 409
67 409
191 830
-
health
4 686
4 686
5 823
-
pensions
4 692
4 692
5 832
-
unemployment
2 427
2 427
3 015
-
total
11 805
11 805
14 670
-
Corporate
128 114
127 287
-
-
income
25 623
25 457
-
-
total
25 623
25 457
-
-
Dividends
102 491
101 830
-
-
income
21 779
21 638
-
-
withholding
15 374
15 275
-
-
total
37 153
36 913
-
-
Income
206 500
206 500
206 500
206 500
Total tax
108 096
103 259
74 486
97 189
After tax
98 404
103 241
132 014
109 311
Living cost
33 068
33 068
33 068
33 068
Free-cash
65 336
70 173
98 946
76 243

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
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.
₽6127
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
₽88863
₽101965
₽75222
₽80132
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.

-
-
-
206 500
trade
-
-
-
26 743
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.

-
-
-
71 311
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.

-
-
-
5 393
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.

-
-
-
3 922
total
-
-
-
107 369
Employee

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

30 192
-
206 500
-
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.

5 393
-
5 393
-
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.

843
-
71 311
-
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
-
3 922
-
total
6 282
-
80 626
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 308
206 500
-
-
income
26 447
30 975
-
-
trade
27 768
32 524
-
-
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.

1 455
1 703
-
-
chamber of commerce
373
416
-
-
total
56 043
65 618
-
-
Dividends
120 266
140 881
-
-
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.

1 637
1 920
-
-
withholding
29 766
34 921
-
-
total
31 403
36 841
-
-
Income
206 500
206 500
206 500
206 500
Total tax
93 728
102 459
80 626
107 369
After tax
112 772
104 041
125 874
99 131
Living cost
23 909
23 909
23 909
23 909
Free-cash
88 863
80 132
101 965
75 222

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
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
₽127853
₽117855
₽119489
₽132149
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
-
-
-
206 500
income
-
-
-
50 698
health
-
-
-
5 265
social contributions
-
-
-
12 772
total
-
-
-
68 735
Employee
60 699
60 699
196 077
-
health
470
1 032
3 333
-
income
6 609
5 619
49 818
-
social contributions
2 295
5 038
6 795
-
total
9 374
11 689
59 946
-
Employer
60 699
60 699
196 077
-
health
511
1 123
3 628
-
social contributions
2 295
5 038
6 795
-
total
2 806
6 161
10 423
-
Corporate
176 044
139 640
-
-
income
22 005
17 454
-
-
total
22 005
17 454
-
-
Dividends
154 038
122 185
-
-
withholding
26 186
20 771
-
-
total
26 186
20 771
-
-
Income
206 500
206 500
206 500
206 500
Total tax
60 371
56 075
70 369
68 735
After tax
146 129
150 425
136 131
137 765
Living cost
18 276
18 276
18 276
18 276
Free-cash
127 853
132 149
117 855
119 489

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5126
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
₽91901
₽64297
₽81502
₽92697
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.

-
-
-
206 500
income
-
-
-
28 479
social contributions

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

-
-
-
71 759
surtax
-
-
-
-
total
-
-
-
100 238
Employee
36 305
-
166 868
-
income
7 552
-
58 739
-
social contributions
3 994
-
18 355
-
surtax
-
-
718
-
total
11 546
-
77 812
-
Employer
36 305
-
166 868
-
social contributions
8 622
-
39 631
-
total
8 622
-
39 631
-
Corporate
161 573
206 500
-
-
income
33 931
43 365
-
-
surtax
-
-
-
-
total
33 931
43 365
-
-
Dividends
127 642
163 135
-
-
withholding
35 740
45 678
-
-
total
35 740
45 678
-
-
Income
206 500
206 500
206 500
206 500
Total tax
89 839
89 043
117 443
100 238
After tax
116 661
117 457
89 057
106 262
Living cost
24 760
24 760
24 760
24 760
Free-cash
91 901
92 697
64 297
81 502

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
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.
₽4361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽189067
₽159214
₽198449
₽190189
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%.

-
-
-
206 500
microenterprise

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

-
-
-
2 065
total
-
-
-
2 065
Employee
7 482
-
206 500
-
income
1 496
-
41 300
-
total
1 496
-
41 300
-
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%.

199 018
206 500
-
-
total
-
-
-
-
Dividends
199 018
206 500
-
-
withholding
9 951
10 325
-
-
total
9 951
10 325
-
-
Income
206 500
206 500
206 500
206 500
Total tax
11 447
10 325
41 300
2 065
After tax
195 053
196 175
165 200
204 435
Living cost
5 986
5 986
5 986
5 986
Free-cash
189 067
190 189
159 214
198 449

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
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.
₽1614
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
₽114400
₽67163
₽71646
₽121002
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.

-
-
-
206 500
pensions
-
-
-
37 712
unemployment
-
-
-
310
income
-
-
-
55 339
health
-
-
-
20 320
total
-
-
-
113 681
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.

34 906
-
178 679
-
health
2 254
-
11 542
-
unemployment
49
-
250
-
pensions
5 411
-
27 695
-
income
6 020
-
50 856
-
total
13 734
-
90 343
-
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.

34 906
-
178 679
-
health
2 325
-
11 900
-
pensions
3 089
-
15 813
-
unemployment
21
-
108
-
total
5 435
-
27 821
-
Corporate
166 159
206 500
-
-
income
31 570
39 235
-
-
total
31 570
39 235
-
-
Dividends
134 589
167 265
-
-
withholding
20 188
25 090
-
-
total
20 188
25 090
-
-
Income
206 500
206 500
206 500
206 500
Total tax
70 927
64 325
118 164
113 681
After tax
135 573
142 175
88 336
92 819
Living cost
21 173
21 173
21 173
21 173
Free-cash
114 400
121 002
67 163
71 646

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽4876
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
₽104160
₽114056
₽141905
₽101401
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.

-
-
-
206 500
income
-
-
-
30 975
health

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

-
-
-
4 966
total
-
-
-
35 941
Employee
36 212
-
202 869
-
social contributions
3 628
-
3 631
-
income
3 929
-
56 528
-
total
7 557
-
60 159
-
Employer
36 212
-
202 869
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
166 660
206 500
-
-
income
58 331
72 275
-
-
total
58 331
72 275
-
-
Dividends
108 329
134 225
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
206 500
206 500
206 500
206 500
Total tax
73 686
76 445
63 790
35 941
After tax
132 814
130 055
142 710
170 559
Living cost
28 654
28 654
28 654
28 654
Free-cash
104 160
101 401
114 056
141 905

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
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.
₽7081
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
₽109657
₽59394
₽115875
₽109245
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
-
-
-
206 500
income
-
-
-
30 975
health
-
-
-
14 414
social contributions
-
-
-
28 498
total
-
-
-
73 887
Employee
26 764
-
206 500
-
health
1 868
-
14 414
-
income
4 464
-
87 456
-
social contributions
3 694
-
28 498
-
total
10 026
-
130 368
-
Employer
26 764
-
206 500
-
total
-
-
-
-
Corporate
179 736
206 500
-
-
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%.

8 986
10 326
-
-
total
8 986
10 326
-
-
Dividends
170 749
196 174
-
-
social contributions
23 563
27 072
-
-
withholding
25 612
29 426
-
-
health
11 918
13 693
-
-
total
61 093
70 191
-
-
Income
206 500
206 500
206 500
206 500
Total tax
80 105
80 517
130 368
73 887
After tax
126 395
125 983
76 132
132 613
Living cost
16 738
16 738
16 738
16 738
Free-cash
109 657
109 245
59 394
115 875

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4118
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
₽112174
₽93731
₽103263
₽120063
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
-
-
-
206 500
income
-
-
-
22 920
health
-
-
-
27 877
social contributions
-
-
-
25 822
solidarity contribution
-
-
-
4 506
total
-
-
-
81 125
Employee
32 518
-
169 167
-
health
4 390
-
22 838
-
solidarity contribution
-
-
3 651
-
income
3 902
-
21 087
-
social contributions
2 114
-
5 748
-
total
10 406
-
53 324
-
Employer
32 518
-
169 167
-
health
2 927
-
15 225
-
social contributions
8 130
-
22 108
-
total
11 057
-
37 333
-
Corporate
162 925
206 500
-
-
income
30 956
39 235
-
-
total
30 956
39 235
-
-
Dividends
131 970
167 265
-
-
withholding
19 795
25 090
-
-
total
19 795
25 090
-
-
Income
206 500
206 500
206 500
206 500
Total tax
72 214
64 325
90 657
81 125
After tax
134 286
142 175
115 843
125 375
Living cost
22 112
22 112
22 112
22 112
Free-cash
112 174
120 063
93 731
103 263

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4061
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
₽185098
₽155872
₽195107
₽186847
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%.

-
-
-
206 500
microenterprise

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

-
-
-
2 065
total
-
-
-
2 065
Employee
11 661
-
206 500
-
income
2 332
-
41 300
-
total
2 332
-
41 300
-
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%.

194 839
206 500
-
-
total
-
-
-
-
Dividends
194 839
206 500
-
-
withholding
9 742
10 325
-
-
total
9 742
10 325
-
-
Income
206 500
206 500
206 500
206 500
Total tax
12 074
10 325
41 300
2 065
After tax
194 426
196 175
165 200
204 435
Living cost
9 328
9 328
9 328
9 328
Free-cash
185 098
186 847
155 872
195 107

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
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.
₽2311
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
₽71377
₽64481
₽72367
₽65951
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
-
-
-
206 500
income
-
-
-
42 493
other
-
-
-
6 401
health
-
-
-
10 838
social contributions
-
-
-
5 884
pensions
-
-
-
30 391
surtax
-
-
-
-
total
-
-
-
96 007
Employee
49 440
-
156 247
-
pensions
5 592
-
12 346
-
income
4 314
-
36 841
-
social contributions
1 408
-
4 452
-
surtax
-
-
-
-
total
11 314
-
53 639
-
Employer
49 440
-
156 247
-
health
3 460
-
16 211
-
social contributions
148
-
469
-
pensions
8 124
-
20 520
-
unemployment
2 003
-
6 327
-
other
1 706
-
6 727
-
total
15 441
-
50 254
-
Corporate
141 619
206 500
-
-
income
39 653
57 821
-
-
surtax
-
-
-
-
total
39 653
57 821
-
-
Dividends
101 966
148 679
-
-
social contributions
17 537
25 572
-
-
surtax
-
-
-
-
withholding
13 052
19 030
-
-
total
30 589
44 602
-
-
Income
206 500
206 500
206 500
206 500
Total tax
96 997
102 423
103 893
96 007
After tax
109 503
104 077
102 607
110 493
Living cost
38 126
38 126
38 126
38 126
Free-cash
71 377
65 951
64 481
72 367

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽8681
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
₽131718
₽122574
₽122574
₽135588
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.

-
-
-
206 500
pensions
-
-
-
15 119
unemployment
-
-
-
872
income
-
-
-
48 338
health
-
-
-
5 989
total
-
-
-
70 318
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.

20 519
-
196 091
-
health
1 057
-
2 995
-
unemployment
154
-
436
-
pensions
2 873
-
8 141
-
income
2 828
-
48 338
-
total
6 912
-
59 910
-
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.

20 519
-
196 091
-
health
1 057
-
2 995
-
pensions
2 462
-
6 978
-
unemployment
154
-
436
-
total
3 673
-
10 409
-
Corporate
182 308
206 500
-
-
income
27 346
30 975
-
-
total
27 346
30 975
-
-
Dividends
154 962
175 525
-
-
withholding
23 244
26 329
-
-
total
23 244
26 329
-
-
Income
206 500
206 500
206 500
206 500
Total tax
61 175
57 304
70 319
70 318
After tax
145 325
149 196
136 181
136 182
Living cost
13 608
13 608
13 608
13 608
Free-cash
131 718
135 588
122 574
122 574

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽2999
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
₽63689
₽100925
₽106127
₽40706
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
-
-
-
206 500
pensions
-
-
-
18 998
city
-
-
-
2 177
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.

-
-
-
4 090
health
-
-
-
465
regional
-
-
-
13 108
national
-
-
-
7 813
total
-
-
-
46 651
Employee
62 868
-
187 031
-
health
142
-
421
-
unemployment
-
-
-
-
city
675
-
2 038
-
pensions
5 282
-
13 250
-
regional
2 059
-
11 943
-
national
298
-
6 789
-
total
8 456
-
34 441
-
Employer
62 868
-
187 031
-
health
142
-
421
-
pensions
5 282
-
13 250
-
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.

1 257
-
3 741
-
total
6 681
-
17 412
-
Corporate
136 260
206 500
-
-
regional
28 819
43 675
-
-
national
11 582
17 552
-
-
total
40 401
61 227
-
-
Dividends
95 858
145 272
-
-
withholding
33 551
50 845
-
-
total
33 551
50 845
-
-
Income
206 500
206 500
206 500
206 500
Total tax
89 089
112 072
51 853
46 651
After tax
117 411
94 428
154 647
159 849
Living cost
53 722
53 722
53 722
53 722
Free-cash
63 689
40 706
100 925
106 127

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
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.
₽13307
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
₽97339
₽69432
₽93082
₽93911
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

-
-
-
206 500
municipal
-
-
-
36 657
health
-
-
-
2 851
national
-
-
-
43 604
total
-
-
-
83 112
Employee
41 530
-
173 718
-
health
310
-
2 346
-
unemployment
623
-
2 606
-
pensions
2 803
-
11 726
-
national
686
-
29 037
-
municipal
6 802
-
28 267
-
total
11 224
-
73 982
-
Employer
41 530
-
173 718
-
health
319
-
1 338
-
pensions
7 205
-
30 139
-
accident
42
-
174
-
unemployment
270
-
1 129
-
total
7 836
-
32 780
-
Corporate
157 134
206 500
-
-
income
31 426
41 299
-
-
total
31 426
41 299
-
-
Dividends

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

94 281
123 900
-
-
municipal
16 971
22 302
-
-
national
11 398
18 682
-
-
total
28 369
40 984
-
-
Income
206 500
206 500
206 500
206 500
Total tax
78 855
82 283
106 762
83 112
After tax
127 645
124 217
99 738
123 388
Living cost
30 306
30 306
30 306
30 306
Free-cash
97 339
93 911
69 432
93 082

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7114
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
₽74730
₽40155
₽61180
₽82922
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
-
-
-
206 500
communal

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

-
-
-
11 209
social contributions
-
-
-
19 680
national
-
-
-
85 649
total
-
-
-
116 538
Employee

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

56 464
-
159 941
-
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.

2 653
-
7 517
-
communal

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

2 945
-
8 342
-
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.

491
-
1 392
-
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.

4 235
-
11 996
-
national
17 359
-
61 757
-
total
27 683
-
91 004
-
Employer

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

56 464
-
159 941
-
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.

3 472
-
9 836
-
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.

5 003
-
14 171
-
surtax
6 402
-
18 138
-
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.

734
-
2 079
-
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.

824
-
2 335
-
total
16 435
-
46 559
-
Corporate
133 600
206 500
-
-
income
26 719
46 403
-
-
surtax
535
929
-
-
total
27 254
47 332
-
-
Dividends
106 346
159 168
-
-
withholding

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

31 616
47 464
-
-
total
31 616
47 464
-
-
Income
206 500
206 500
206 500
206 500
Total tax
102 988
94 796
137 563
116 538
After tax
103 512
111 704
68 937
89 962
Living cost
28 782
28 782
28 782
28 782
Free-cash
74 730
82 922
40 155
61 180

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽7276
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
₽77813
₽67604
₽68432
₽78578
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
-
-
-
206 500
unemployment
-
-
-
75
municipal
-
-
-
55 109
other
-
-
-
8 702
health
-
-
-
4 673
national
-
-
-
27 092
accident
-
-
-
150
pensions
-
-
-
8 096
total
-
-
-
103 897
Employee
48 691
-
182 969
-
national
-
-
26 633
-
municipal
14 520
-
54 561
-
total
14 520
-
81 194
-
Employer
48 691
-
182 969
-
health
2 994
-
4 606
-
pensions
5 263
-
8 096
-
accident
97
-
150
-
unemployment
1 285
-
1 977
-
other
5 658
-
8 702
-
total
15 297
-
23 531
-
Corporate
142 510
206 500
-
-
income
31 352
45 430
-
-
total
31 352
45 430
-
-
Dividends
111 158
161 070
-
-
withholding
33 347
48 321
-
-
total
33 347
48 321
-
-
Income
206 500
206 500
206 500
206 500
Total tax
94 516
93 751
104 725
103 897
After tax
111 984
112 749
101 775
102 603
Living cost
34 171
34 171
34 171
34 171
Free-cash
77 813
78 578
67 604
68 432

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
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.
₽7652
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
₽45836
₽156972
₽104752
₽87679
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
-
-
-
206 500
income
-
-
-
40 251
social contributions
-
-
-
23 541
total
-
-
-
63 792
Employee
54 424
-
-
-
income
12 005
-
-
-
social contributions
4 463
-
636
-
total
16 468
-
636
-
Employer
54 424
-
-
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
75 338
206 500
-
-
income
16 574
45 430
-
-
total
16 574
45 430
-
-
Dividends
58 764
161 070
-
-
income
12 928
35 435
-
-
total
12 928
35 435
-
-
Income
206 500
206 500
206 500
206 500
Total tax
122 708
80 865
11 572
63 792
After tax
83 792
125 635
194 928
142 708
Living cost
37 956
37 956
37 956
37 956
Free-cash
45 836
87 679
156 972
104 752

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9275
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
₽121545
₽110528
₽112162
₽124822
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
-
-
-
206 500
income
-
-
-
50 698
health
-
-
-
5 265
social contributions
-
-
-
12 772
total
-
-
-
68 735
Employee
60 699
60 699
196 077
-
health
604
1 032
3 333
-
income
6 374
5 619
49 818
-
social contributions
2 950
5 038
6 795
-
total
9 928
11 689
59 946
-
Employer
60 699
60 699
196 077
-
health
658
1 123
3 628
-
social contributions
2 950
5 038
6 795
-
total
3 608
6 161
10 423
-
Corporate
167 362
139 640
-
-
income
20 921
17 454
-
-
total
20 921
17 454
-
-
Dividends
146 442
122 185
-
-
withholding
24 895
20 771
-
-
total
24 895
20 771
-
-
Income
206 500
206 500
206 500
206 500
Total tax
59 352
56 075
70 369
68 735
After tax
147 148
150 425
136 131
137 765
Living cost
25 603
25 603
25 603
25 603
Free-cash
121 545
124 822
110 528
112 162

Estimated living cost  is ₽25603 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5671
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
₽103630
₽85001
₽103289
₽99140
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
-
-
-
206 500
income
-
-
-
66 761
pensions
-
-
-
8 281
total
-
-
-
75 042
Employee
38 666
-
179 716
-
health
504
-
2 322
-
pensions
2 951
-
9 652
-
income
7 041
-
54 571
-
total
10 496
-
66 545
-
Employer
38 666
-
179 716
-
health
735
-
3 414
-
pensions
3 907
-
23 371
-
total
4 642
-
26 785
-
Corporate
163 193
206 500
-
-
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.

31 007
39 235
-
-
total
31 007
39 235
-
-
Dividends
132 186
167 265
-
-
withholding
28 556
39 956
-
-
total
28 556
39 956
-
-
Income
206 500
206 500
206 500
206 500
Total tax
74 701
79 191
93 330
75 042
After tax
131 799
127 309
113 170
131 458
Living cost
28 169
28 169
28 169
28 169
Free-cash
103 630
99 140
85 001
103 289

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
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.
₽5901
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
₽73734
₽60685
₽67169
₽77323
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
-
-
-
206 500
municipal
-
-
-
1 502
regional
-
-
-
5 298
social contributions
-
-
-
39 508
national
-
-
-
61 576
total
-
-
-
107 884
Employee
66 517
-
206 500
-
social contributions
22 429
-
51 796
-
regional
1 004
-
4 889
-
national
11 241
-
56 291
-
municipal
397
-
1 392
-
total
35 071
-
114 368
-
Employer
66 517
-
206 500
-
total
-
-
-
-
Corporate
139 983
206 500
-
-
nationa
33 595
49 561
-
-
municipal
6 747
9 953
-
-
total
40 342
59 514
-
-
Dividends
99 640
146 987
-
-
withholding
25 906
38 216
-
-
total
25 906
38 216
-
-
Income
206 500
206 500
206 500
206 500
Total tax
101 319
97 730
114 368
107 884
After tax
105 181
108 770
92 132
98 616
Living cost
31 447
31 447
31 447
31 447
Free-cash
73 734
77 323
60 685
67 169

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6718
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
₽14143
₽97851
₽124071
-₽107
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
-
-
-
206 500
pensions
-
-
-
3 184
income
-
-
-
60 265
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
65 595
Employee
26 480
-
190 232
-
health
3 032
-
21 782
-
pensions
2 982
-
5 838
-
income
3 633
-
47 927
-
total
9 647
-
75 547
-
Employer
26 480
-
190 232
-
pensions
4 306
-
8 430
-
accident
442
-
3 177
-
unemployment
649
-
4 661
-
total
5 397
-
16 268
-
Corporate
174 623
206 500
-
-
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.

157 161
185 850
-
-
total
157 161
185 850
-
-
Dividends
17 462
20 650
-
-
withholding
3 318
3 923
-
-
total
3 318
3 923
-
-
Income
206 500
206 500
206 500
206 500
Total tax
175 523
189 773
91 815
65 595
After tax
30 977
16 727
114 685
140 905
Living cost
16 834
16 834
16 834
16 834
Free-cash
14 143
-107
97 851
124 071

Estimated living cost  is ₽16834 per week

₽12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3212
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
₽86015
₽95399
₽71032
₽75690
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.

-
-
-
206 500
trade
-
-
-
24 366
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.

-
-
-
71 311
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.

-
-
-
5 393
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.

-
-
-
3 922
total
-
-
-
104 992
Employee

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

39 276
-
206 500
-
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.

5 393
-
5 393
-
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.

3 230
-
71 311
-
surtax

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

178
-
3 922
-
total
8 801
-
80 626
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 224
206 500
-
-
income
25 084
30 975
-
-
trade
23 996
29 633
-
-
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.

1 380
1 703
-
-
chamber of commerce
366
422
-
-
total
50 826
62 733
-
-
Dividends
116 399
143 766
-
-
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.

1 583
1 961
-
-
withholding
28 800
35 641
-
-
total
30 383
37 602
-
-
Income
206 500
206 500
206 500
206 500
Total tax
90 010
100 335
80 626
104 992
After tax
116 490
106 165
125 874
101 508
Living cost
30 476
30 476
30 476
30 476
Free-cash
86 015
75 690
95 399
71 032

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5731
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
₽142302
₽74881
₽60633
₽148779
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.

-
-
-
206 500
income
-
-
-
46 544
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.

-
-
-
30 244
surtax
-
-
-
52 657
total
-
-
-
129 445
Employee
23 066
-
165 619
-
income
4 106
-
39 954
-
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.

2 538
-
10 348
-
surtax
-
-
24 014
-
total
6 644
-
74 316
-
Employer
23 066
-
165 619
-
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.

5 556
-
22 663
-
surtax
-
-
18 218
-
total
5 556
-
40 881
-
Corporate
177 878
206 500
-
-
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%.

35 576
41 299
-
-
total
35 576
41 299
-
-
Dividends

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

142 303
165 201
-
-
total
-
-
-
-
Income
206 500
206 500
206 500
206 500
Total tax
47 776
41 299
115 197
129 445
After tax
158 724
165 201
91 303
77 055
Living cost
16 422
16 422
16 422
16 422
Free-cash
142 302
148 779
74 881
60 633

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
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.
₽4009
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
₽117480
₽118023
₽118718
₽119086
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
-
-
-
206 500
income
-
-
-
65 719
health
-
-
-
5 167
pensions
-
-
-
7 126
total
-
-
-
78 012
Employee
14 880
-
198 483
-
health
744
-
1 782
-
unemployment
149
-
356
-
pensions
1 339
-
3 207
-
income
2 879
-
65 345
-
total
5 111
-
70 690
-
Employer
14 880
-
198 483
-
health
1 414
-
3 385
-
pensions
1 637
-
3 919
-
unemployment
298
-
713
-
total
3 349
-
8 017
-
Corporate
188 272
206 500
-
-
income
41 420
45 430
-
-
total
41 420
45 430
-
-
Dividends
146 852
161 070
-
-
withholding
29 370
32 214
-
-
total
29 370
32 214
-
-
Income
206 500
206 500
206 500
206 500
Total tax
79 250
77 644
78 707
78 012
After tax
127 250
128 856
127 793
128 488
Living cost
9 770
9 770
9 770
9 770
Free-cash
117 480
119 086
118 023
118 718

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2948
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
₽109649
₽74270
₽79096
₽112157
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
-
-
-
206 500
pensions
-
-
-
21 071
unemployment
-
-
-
180
income
-
-
-
68 912
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
12 032
total
-
-
-
109 674
Employee
26 583
-
184 324
-
health
679
-
2 686
-
unemployment
1 850
-
7 333
-
pensions
1 774
-
7 027
-
income
4 456
-
64 190
-
other
-
-
-
-
surtax
94
-
11 087
-
total
8 853
-
92 323
-
Employer
26 583
-
184 324
-
health
1 209
-
4 794
-
pensions
3 544
-
14 044
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 177
-
Corporate
174 320
206 500
-
-
income
45 323
53 691
-
-
total
45 323
53 691
-
-
Dividends
128 997
152 809
-
-
withholding
19 349
22 922
-
-
total
19 349
22 922
-
-
Income
206 500
206 500
206 500
206 500
Total tax
79 121
76 613
114 500
109 674
After tax
127 379
129 887
92 000
96 826
Living cost
17 730
17 730
17 730
17 730
Free-cash
109 649
112 157
74 270
79 096

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
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
₽88120
₽28239
₽80290
₽88512
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
-
-
-
206 500
pensions
-
-
-
17 061