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
₽ 207500
per

Your estimated
City
free-cash

Valencia , Spain
₽112462
₽90830
₽94120
₽115924
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
-
-
-
207 500
unemployment
-
-
-
509
income
-
-
-
70 037
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
91 829
Employee
28 978
-
184 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
67 347
-
other
28
-
73
-
total
7 426
-
71 961
-
Employer
28 978
-
184 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
169 283
207 500
-
-
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.

25 393
31 125
-
-
total
25 393
31 125
-
-
Dividends
143 890
176 375
-
-
withholding
31 430
38 900
-
-
total
31 430
38 900
-
-
Income
207 500
207 500
207 500
207 500
Total tax
73 487
70 025
95 119
91 829
After tax
134 013
137 475
112 381
115 671
Living cost
21 551
21 551
21 551
21 551
Free-cash
112 462
115 924
90 830
94 120

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽126273
₽106786
₽108430
₽131568
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
-
-
-
207 500
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.

-
-
-
28 602
income
-
-
-
38 681
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
78 187
Employee
28 456
-
177 006
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
38 134
-
total
7 573
-
49 336
-
Employer
28 456
-
177 006
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
1 416
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 495
-
Corporate
171 873
207 500
-
-
income
36 094
43 574
-
-
total
36 094
43 574
-
-
Dividends
135 779
163 926
-
-
withholding
9 505
11 475
-
-
total
9 505
11 475
-
-
Income
207 500
207 500
207 500
207 500
Total tax
60 344
55 049
79 831
78 187
After tax
147 156
152 451
127 669
129 313
Living cost
20 883
20 883
20 883
20 883
Free-cash
126 273
131 568
106 786
108 430

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽163502
₽167685
₽158798
₽167142
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
-
-
-
207 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
31 125
health
-
-
-
3 147
total
-
-
-
38 431
Employee
13 600
-
202 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
20 213
-
total
3 330
-
24 176
-
Employer
13 600
-
202 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
191 232
207 500
-
-
income
19 123
20 750
-
-
total
19 123
20 750
-
-
Dividends
172 109
186 750
-
-
withholding
8 605
9 337
-
-
total
8 605
9 337
-
-
Income
207 500
207 500
207 500
207 500
Total tax
33 727
30 087
29 544
38 431
After tax
173 773
177 413
177 956
169 069
Living cost
10 270
10 270
10 270
10 270
Free-cash
163 502
167 142
167 685
158 798

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽82397
₽75971
₽84030
₽77768
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
-
-
-
207 500
income
-
-
-
42 991
other
-
-
-
6 432
health
-
-
-
10 942
social contributions
-
-
-
5 912
pensions
-
-
-
30 380
surtax
-
-
-
-
total
-
-
-
96 657
Employee
33 541
-
156 909
-
pensions
3 792
-
12 438
-
income
1 980
-
37 216
-
social contributions
956
-
4 471
-
surtax
-
-
-
-
total
6 728
-
54 125
-
Employer
33 541
-
156 909
-
health
2 348
-
16 326
-
social contributions
101
-
471
-
pensions
5 510
-
20 667
-
unemployment
1 358
-
6 355
-
other
1 157
-
6 772
-
total
10 474
-
50 591
-
Corporate
163 484
207 500
-
-
income
45 775
58 100
-
-
surtax
-
-
-
-
total
45 775
58 100
-
-
Dividends
117 709
149 400
-
-
social contributions
20 246
25 696
-
-
surtax
-
-
-
-
withholding
15 067
19 123
-
-
total
35 313
44 819
-
-
Income
207 500
207 500
207 500
207 500
Total tax
98 290
102 919
104 716
96 657
After tax
109 210
104 581
102 784
110 843
Living cost
26 813
26 813
26 813
26 813
Free-cash
82 397
77 768
75 971
84 030

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽66134
₽99818
₽76893
₽70937
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
-
-
-
207 500
pensions
-
-
-
9 182
income
-
-
-
78 930
health
-
-
-
9 664
total
-
-
-
97 776
Employee
66 925
66 925
192 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
41 440
-
total
33 274
28 874
60 286
-
Employer
66 925
66 925
192 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
129 676
128 855
-
-
income
25 936
25 771
-
-
total
25 936
25 771
-
-
Dividends
103 741
103 085
-
-
income
22 045
21 905
-
-
withholding
15 561
15 463
-
-
total
37 606
37 368
-
-
Income
207 500
207 500
207 500
207 500
Total tax
108 535
103 732
74 851
97 776
After tax
98 965
103 768
132 649
109 724
Living cost
32 831
32 831
32 831
32 831
Free-cash
66 134
70 937
99 818
76 893

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
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.
₽6083
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
₽89470
₽102614
₽75671
₽80803
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.

-
-
-
207 500
trade
-
-
-
26 943
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.

-
-
-
71 842
health

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

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

-
-
-
5 354
surtax

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

-
-
-
3 952
total
-
-
-
108 091
Employee

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

29 975
-
207 500
-
health

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

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

5 354
-
5 354
-
income

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

837
-
71 842
-
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
-
3 952
-
total
6 237
-
81 148
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 525
207 500
-
-
income
26 629
31 125
-
-
trade
27 960
32 682
-
-
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.

1 465
1 712
-
-
chamber of commerce
375
416
-
-
total
56 429
65 935
-
-
Dividends
121 096
141 565
-
-
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.

1 649
1 930
-
-
withholding
29 977
35 094
-
-
total
31 626
37 024
-
-
Income
207 500
207 500
207 500
207 500
Total tax
94 292
102 959
81 148
108 091
After tax
113 208
104 541
126 352
99 409
Living cost
23 738
23 738
23 738
23 738
Free-cash
89 470
80 803
102 614
75 671

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽128738
₽118567
₽120203
₽133000
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
-
-
-
207 500
income
-
-
-
51 180
health
-
-
-
5 292
social contributions
-
-
-
12 680
total
-
-
-
69 152
Employee
60 263
60 263
197 107
-
health
467
1 025
3 351
-
income
6 562
5 579
50 298
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
60 395
-
Employer
60 263
60 263
197 107
-
health
507
1 115
3 647
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 393
-
Corporate
177 262
141 120
-
-
income
22 158
17 640
-
-
total
22 158
17 640
-
-
Dividends
155 104
123 480
-
-
withholding
26 367
20 992
-
-
total
26 367
20 992
-
-
Income
207 500
207 500
207 500
207 500
Total tax
60 617
56 355
70 788
69 152
After tax
146 883
151 145
136 712
138 348
Living cost
18 145
18 145
18 145
18 145
Free-cash
128 738
133 000
118 567
120 203

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽92655
₽64718
₽82087
₽93445
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.

-
-
-
207 500
income
-
-
-
28 724
social contributions

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

-
-
-
72 107
surtax
-
-
-
-
total
-
-
-
100 831
Employee
36 044
-
167 676
-
income
7 497
-
59 174
-
social contributions
3 965
-
18 445
-
surtax
-
-
757
-
total
11 462
-
78 376
-
Employer
36 044
-
167 676
-
social contributions
8 560
-
39 824
-
total
8 560
-
39 824
-
Corporate
162 895
207 500
-
-
income
34 208
43 574
-
-
surtax
-
-
-
-
total
34 208
43 574
-
-
Dividends
128 687
163 926
-
-
withholding
36 033
45 899
-
-
total
36 033
45 899
-
-
Income
207 500
207 500
207 500
207 500
Total tax
90 263
89 473
118 200
100 831
After tax
117 237
118 027
89 300
106 669
Living cost
24 582
24 582
24 582
24 582
Free-cash
92 655
93 445
64 718
82 087

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽189913
₽159926
₽199351
₽191051
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%.

-
-
-
207 500
microenterprise

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

-
-
-
2 075
total
-
-
-
2 075
Employee
7 592
-
207 500
-
income
1 518
-
41 500
-
total
1 518
-
41 500
-
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%.

199 908
207 500
-
-
total
-
-
-
-
Dividends
199 908
207 500
-
-
withholding
9 995
10 375
-
-
total
9 995
10 375
-
-
Income
207 500
207 500
207 500
207 500
Total tax
11 513
10 375
41 500
2 075
After tax
195 987
197 125
166 000
205 425
Living cost
6 074
6 074
6 074
6 074
Free-cash
189 913
191 051
159 926
199 351

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽115288
₽67516
₽72022
₽121842
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.

-
-
-
207 500
pensions
-
-
-
37 895
unemployment
-
-
-
311
income
-
-
-
55 833
health
-
-
-
20 418
total
-
-
-
114 457
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.

34 656
-
179 545
-
health
2 238
-
11 599
-
unemployment
49
-
251
-
pensions
5 372
-
27 829
-
income
5 976
-
51 328
-
total
13 635
-
91 007
-
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.

34 656
-
179 545
-
health
2 308
-
11 959
-
pensions
3 067
-
15 890
-
unemployment
21
-
107
-
total
5 396
-
27 956
-
Corporate
167 449
207 500
-
-
income
31 815
39 425
-
-
total
31 815
39 425
-
-
Dividends
135 634
168 075
-
-
withholding
20 345
25 212
-
-
total
20 345
25 212
-
-
Income
207 500
207 500
207 500
207 500
Total tax
71 191
64 637
118 963
114 457
After tax
136 309
142 863
88 537
93 043
Living cost
21 021
21 021
21 021
21 021
Free-cash
115 288
121 842
67 516
72 022

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽105025
₽114849
₽142971
₽102287
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.

-
-
-
207 500
income
-
-
-
31 125
health

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

-
-
-
4 955
total
-
-
-
36 080
Employee
35 952
-
203 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
56 992
-
total
7 503
-
60 597
-
Employer
35 952
-
203 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
167 946
207 500
-
-
income
58 781
72 624
-
-
total
58 781
72 624
-
-
Dividends
109 165
134 876
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
207 500
207 500
207 500
207 500
Total tax
74 026
76 764
64 202
36 080
After tax
133 474
130 736
143 298
171 420
Living cost
28 449
28 449
28 449
28 449
Free-cash
105 025
102 287
114 849
142 971

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽110380
₽59769
₽116638
₽109975
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
-
-
-
207 500
income
-
-
-
31 125
health
-
-
-
14 484
social contributions
-
-
-
28 635
total
-
-
-
74 244
Employee
26 572
-
207 500
-
health
1 855
-
14 484
-
income
4 432
-
87 994
-
social contributions
3 668
-
28 635
-
total
9 955
-
131 113
-
Employer
26 572
-
207 500
-
total
-
-
-
-
Corporate
180 928
207 500
-
-
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%.

9 047
10 375
-
-
total
9 047
10 375
-
-
Dividends
171 881
197 125
-
-
social contributions
23 720
27 203
-
-
withholding
25 783
29 569
-
-
health
11 997
13 760
-
-
total
61 500
70 532
-
-
Income
207 500
207 500
207 500
207 500
Total tax
80 502
80 907
131 113
74 244
After tax
126 998
126 593
76 387
133 256
Living cost
16 618
16 618
16 618
16 618
Free-cash
110 380
109 975
59 769
116 638

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽113102
₽94622
₽104222
₽120927
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
-
-
-
207 500
income
-
-
-
23 081
health
-
-
-
28 013
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 630
total
-
-
-
81 341
Employee
32 261
-
170 246
-
health
4 355
-
22 983
-
solidarity contribution
-
-
3 768
-
income
3 871
-
21 234
-
social contributions
2 097
-
5 702
-
total
10 323
-
53 687
-
Employer
32 261
-
170 246
-
health
2 903
-
15 322
-
social contributions
8 065
-
21 932
-
total
10 968
-
37 254
-
Corporate
164 271
207 500
-
-
income
31 211
39 425
-
-
total
31 211
39 425
-
-
Dividends
133 059
168 075
-
-
withholding
19 959
25 211
-
-
total
19 959
25 211
-
-
Income
207 500
207 500
207 500
207 500
Total tax
72 461
64 636
90 941
81 341
After tax
135 039
142 864
116 559
126 159
Living cost
21 937
21 937
21 937
21 937
Free-cash
113 102
120 927
94 622
104 222

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽185886
₽156535
₽195960
₽187660
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%.

-
-
-
207 500
microenterprise

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

-
-
-
2 075
total
-
-
-
2 075
Employee
11 832
-
207 500
-
income
2 366
-
41 500
-
total
2 366
-
41 500
-
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%.

195 668
207 500
-
-
total
-
-
-
-
Dividends
195 668
207 500
-
-
withholding
9 783
10 375
-
-
total
9 783
10 375
-
-
Income
207 500
207 500
207 500
207 500
Total tax
12 149
10 375
41 500
2 075
After tax
195 351
197 125
166 000
205 425
Living cost
9 465
9 465
9 465
9 465
Free-cash
185 886
187 660
156 535
195 960

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽72117
₽64932
₽72991
₽66729
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
-
-
-
207 500
income
-
-
-
42 991
other
-
-
-
6 432
health
-
-
-
10 942
social contributions
-
-
-
5 912
pensions
-
-
-
30 380
surtax
-
-
-
-
total
-
-
-
96 657
Employee
49 085
-
156 909
-
pensions
5 552
-
12 438
-
income
4 283
-
37 216
-
social contributions
1 398
-
4 471
-
surtax
-
-
-
-
total
11 233
-
54 125
-
Employer
49 085
-
156 909
-
health
3 435
-
16 326
-
social contributions
147
-
471
-
pensions
8 065
-
20 667
-
unemployment
1 988
-
6 355
-
other
1 694
-
6 772
-
total
15 329
-
50 591
-
Corporate
143 085
207 500
-
-
income
40 063
58 100
-
-
surtax
-
-
-
-
total
40 063
58 100
-
-
Dividends
103 022
149 400
-
-
social contributions
17 719
25 696
-
-
surtax
-
-
-
-
withholding
13 187
19 123
-
-
total
30 906
44 819
-
-
Income
207 500
207 500
207 500
207 500
Total tax
97 531
102 919
104 716
96 657
After tax
109 969
104 581
102 784
110 843
Living cost
37 852
37 852
37 852
37 852
Free-cash
72 117
66 729
64 932
72 991

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽132562
₽123550
₽123550
₽136407
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.

-
-
-
207 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
48 611
health
-
-
-
5 948
total
-
-
-
70 438
Employee

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

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

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

20 376
-
197 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
48 611
-
total
6 864
-
60 102
-
Employer

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

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

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

20 376
-
197 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
183 477
207 500
-
-
income
27 522
31 125
-
-
total
27 522
31 125
-
-
Dividends
155 956
176 375
-
-
withholding
23 393
26 456
-
-
total
23 393
26 456
-
-
Income
207 500
207 500
207 500
207 500
Total tax
61 426
57 581
70 438
70 438
After tax
146 074
149 919
137 062
137 062
Living cost
13 512
13 512
13 512
13 512
Free-cash
132 562
136 407
123 550
123 550

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽64396
₽102013
₽107202
₽41595
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
-
-
-
207 500
pensions
-
-
-
19 091
city
-
-
-
2 188
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 057
health
-
-
-
467
regional
-
-
-
13 244
national
-
-
-
7 962
total
-
-
-
47 009
Employee
62 361
-
187 986
-
health
141
-
423
-
unemployment
-
-
-
-
city
669
-
2 049
-
pensions
5 239
-
13 264
-
regional
2 042
-
12 078
-
national
295
-
6 937
-
total
8 386
-
34 751
-
Employer
62 361
-
187 986
-
health
141
-
423
-
pensions
5 239
-
13 264
-
unemployment
-
-
-
-
other

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

1 247
-
3 760
-
total
6 627
-
17 447
-
Corporate
137 826
207 500
-
-
regional
29 150
43 886
-
-
national
11 716
17 638
-
-
total
40 866
61 524
-
-
Dividends
96 961
145 976
-
-
withholding
33 936
51 092
-
-
total
33 936
51 092
-
-
Income
207 500
207 500
207 500
207 500
Total tax
89 815
112 616
52 198
47 009
After tax
117 685
94 884
155 302
160 491
Living cost
53 289
53 289
53 289
53 289
Free-cash
64 396
41 595
102 013
107 202

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₽98040
₽69887
₽93654
₽94488
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

-
-
-
207 500
municipal
-
-
-
36 834
health
-
-
-
2 869
national
-
-
-
44 054
total
-
-
-
83 757
Employee
41 232
-
174 561
-
health
308
-
2 362
-
unemployment
619
-
2 619
-
pensions
2 783
-
11 783
-
national
681
-
29 418
-
municipal
6 754
-
28 403
-
total
11 145
-
74 585
-
Employer
41 232
-
174 561
-
health
317
-
1 344
-
pensions
7 154
-
30 286
-
accident
42
-
174
-
unemployment
268
-
1 135
-
total
7 781
-
32 939
-
Corporate
158 488
207 500
-
-
income
31 697
41 500
-
-
total
31 697
41 500
-
-
Dividends

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

95 093
124 500
-
-
municipal
17 117
22 410
-
-
national
11 631
19 013
-
-
total
28 748
41 423
-
-
Income
207 500
207 500
207 500
207 500
Total tax
79 371
82 923
107 524
83 757
After tax
128 129
124 577
99 976
123 743
Living cost
30 089
30 089
30 089
30 089
Free-cash
98 040
94 488
69 887
93 654

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽75576
₽40603
₽61832
₽83554
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
-
-
-
207 500
communal

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

-
-
-
11 278
social contributions
-
-
-
19 539
national
-
-
-
86 276
total
-
-
-
117 093
Employee

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

56 059
-
160 715
-
health

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

2 634
-
7 554
-
communal

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

2 924
-
8 382
-
unemployment

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

488
-
1 398
-
pensions

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

4 204
-
12 054
-
national
17 235
-
62 150
-
total
27 485
-
91 538
-
Employer

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

56 059
-
160 715
-
health

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

3 447
-
9 883
-
pensions

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

4 967
-
14 239
-
surtax
6 356
-
18 225
-
accident

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

729
-
2 090
-
unemployment

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

818
-
2 347
-
total
16 317
-
46 784
-
Corporate
135 123
207 500
-
-
income
27 024
46 790
-
-
surtax
540
935
-
-
total
27 564
47 725
-
-
Dividends
107 559
159 775
-
-
withholding

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

31 983
47 646
-
-
total
31 983
47 646
-
-
Income
207 500
207 500
207 500
207 500
Total tax
103 349
95 371
138 322
117 093
After tax
104 151
112 129
69 178
90 407
Living cost
28 575
28 575
28 575
28 575
Free-cash
75 576
83 554
40 603
61 832

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽78519
₽68176
₽69000
₽79282
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
-
-
-
207 500
unemployment
-
-
-
75
municipal
-
-
-
55 437
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
27 456
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
104 488
Employee
48 465
-
184 078
-
national
-
-
26 999
-
municipal
14 452
-
54 892
-
total
14 452
-
81 891
-
Employer
48 465
-
184 078
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
143 808
207 500
-
-
income
31 638
45 650
-
-
total
31 638
45 650
-
-
Dividends
112 170
161 850
-
-
withholding
33 651
48 555
-
-
total
33 651
48 555
-
-
Income
207 500
207 500
207 500
207 500
Total tax
94 969
94 205
105 312
104 488
After tax
112 531
113 295
102 188
103 012
Living cost
34 012
34 012
34 012
34 012
Free-cash
78 519
79 282
68 176
69 000

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽46610
₽158074
₽105522
₽88366
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
-
-
-
207 500
income
-
-
-
40 446
social contributions
-
-
-
23 655
total
-
-
-
64 101
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
76 612
207 500
-
-
income
16 855
45 650
-
-
total
16 855
45 650
-
-
Dividends
59 758
161 850
-
-
income
13 147
35 607
-
-
total
13 147
35 607
-
-
Income
207 500
207 500
207 500
207 500
Total tax
123 013
81 257
11 549
64 101
After tax
84 487
126 243
195 951
143 399
Living cost
37 877
37 877
37 877
37 877
Free-cash
46 610
88 366
158 074
105 522

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽122480
₽111293
₽112929
₽125726
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
-
-
-
207 500
income
-
-
-
51 180
health
-
-
-
5 292
social contributions
-
-
-
12 680
total
-
-
-
69 152
Employee
60 263
60 263
197 107
-
health
599
1 025
3 351
-
income
6 328
5 579
50 298
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
60 395
-
Employer
60 263
60 263
197 107
-
health
653
1 115
3 647
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 393
-
Corporate
168 643
141 120
-
-
income
21 080
17 640
-
-
total
21 080
17 640
-
-
Dividends
147 563
123 480
-
-
withholding
25 085
20 992
-
-
total
25 085
20 992
-
-
Income
207 500
207 500
207 500
207 500
Total tax
59 601
56 355
70 788
69 152
After tax
147 899
151 145
136 712
138 348
Living cost
25 419
25 419
25 419
25 419
Free-cash
122 480
125 726
111 293
112 929

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
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
₽104187
₽85525
₽103897
₽99703
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
-
-
-
207 500
income
-
-
-
67 170
pensions
-
-
-
8 297
total
-
-
-
75 467
Employee
38 621
-
180 577
-
health
504
-
2 331
-
pensions
2 948
-
9 663
-
income
7 033
-
54 922
-
total
10 485
-
66 916
-
Employer
38 621
-
180 577
-
health
734
-
3 431
-
pensions
3 902
-
23 492
-
total
4 636
-
26 923
-
Corporate
164 243
207 500
-
-
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.

31 207
39 425
-
-
total
31 207
39 425
-
-
Dividends
133 036
168 075
-
-
withholding
28 849
40 236
-
-
total
28 849
40 236
-
-
Income
207 500
207 500
207 500
207 500
Total tax
75 177
79 661
93 839
75 467
After tax
132 323
127 839
113 661
132 033
Living cost
28 136
28 136
28 136
28 136
Free-cash
104 187
99 703
85 525
103 897

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽74511
₽61561
₽68000
₽78075
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
-
-
-
207 500
municipal
-
-
-
1 514
regional
-
-
-
5 341
social contributions
-
-
-
39 224
national
-
-
-
62 200
total
-
-
-
108 279
Employee
66 040
-
207 500
-
social contributions
22 268
-
51 424
-
regional
997
-
4 935
-
national
11 160
-
56 955
-
municipal
394
-
1 404
-
total
34 819
-
114 718
-
Employer
66 040
-
207 500
-
total
-
-
-
-
Corporate
141 460
207 500
-
-
nationa
33 950
49 800
-
-
municipal
6 819
10 002
-
-
total
40 769
59 802
-
-
Dividends
100 691
147 699
-
-
withholding
26 180
38 402
-
-
total
26 180
38 402
-
-
Income
207 500
207 500
207 500
207 500
Total tax
101 768
98 204
114 718
108 279
After tax
105 732
109 296
92 782
99 221
Living cost
31 221
31 221
31 221
31 221
Free-cash
74 511
78 075
61 561
68 000

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽14239
₽98556
₽124846
₽71
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
-
-
-
207 500
pensions
-
-
-
3 165
income
-
-
-
60 619
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
65 917
Employee
26 328
-
191 239
-
health
3 015
-
21 897
-
pensions
2 965
-
5 804
-
income
3 612
-
48 246
-
total
9 592
-
75 947
-
Employer
26 328
-
191 239
-
pensions
4 281
-
8 381
-
accident
440
-
3 194
-
unemployment
645
-
4 685
-
total
5 366
-
16 260
-
Corporate
175 807
207 500
-
-
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.

158 226
186 750
-
-
total
158 226
186 750
-
-
Dividends
17 581
20 750
-
-
withholding
3 340
3 942
-
-
total
3 340
3 942
-
-
Income
207 500
207 500
207 500
207 500
Total tax
176 524
190 692
92 207
65 917
After tax
30 976
16 808
115 293
141 583
Living cost
16 737
16 737
16 737
16 737
Free-cash
14 239
71
98 556
124 846

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽86672
₽96095
₽71547
₽76417
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.

-
-
-
207 500
trade
-
-
-
24 548
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.

-
-
-
71 842
health

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

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

-
-
-
5 354
surtax

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

-
-
-
3 952
total
-
-
-
105 696
Employee

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

38 994
-
207 500
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
71 842
-
surtax

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

177
-
3 952
-
total
8 737
-
81 148
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 506
207 500
-
-
income
25 275
31 125
-
-
trade
24 181
29 776
-
-
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.

1 391
1 712
-
-
chamber of commerce
366
424
-
-
total
51 213
63 037
-
-
Dividends
117 293
144 464
-
-
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.

1 596
1 971
-
-
withholding
29 025
35 818
-
-
total
30 621
37 789
-
-
Income
207 500
207 500
207 500
207 500
Total tax
90 571
100 826
81 148
105 696
After tax
116 929
106 674
126 352
101 804
Living cost
30 257
30 257
30 257
30 257
Free-cash
86 672
76 417
96 095
71 547

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽143268
₽75554
₽61267
₽149696
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.

-
-
-
207 500
income
-
-
-
46 989
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.

-
-
-
30 027
surtax
-
-
-
52 913
total
-
-
-
129 929
Employee
22 900
-
166 667
-
income
4 076
-
40 369
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
24 166
-
total
6 595
-
74 809
-
Employer
22 900
-
166 667
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
18 333
-
total
5 516
-
40 833
-
Corporate
179 084
207 500
-
-
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%.

35 817
41 500
-
-
total
35 817
41 500
-
-
Dividends

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

143 267
166 000
-
-
total
-
-
-
-
Income
207 500
207 500
207 500
207 500
Total tax
47 928
41 500
115 642
129 929
After tax
159 572
166 000
91 858
77 571
Living cost
16 304
16 304
16 304
16 304
Free-cash
143 268
149 696
75 554
61 267

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽118136
₽118717
₽119411
₽119737
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
-
-
-
207 500
income
-
-
-
66 087
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
78 346
Employee
14 840
-
199 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
65 714
-
total
5 097
-
71 044
-
Employer
14 840
-
199 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
189 321
207 500
-
-
income
41 651
45 650
-
-
total
41 651
45 650
-
-
Dividends
147 671
161 850
-
-
withholding
29 534
32 370
-
-
total
29 534
32 370
-
-
Income
207 500
207 500
207 500
207 500
Total tax
79 621
78 020
79 040
78 346
After tax
127 879
129 480
128 460
129 154
Living cost
9 743
9 743
9 743
9 743
Free-cash
118 136
119 737
118 717
119 411

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽110421
₽74880
₽79671
₽112913
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
-
-
-
207 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
69 534
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
12 169
total
-
-
-
110 226
Employee
26 392
-
185 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
64 846
-
other
-
-
-
-
surtax
94
-
11 230
-
total
8 791
-
93 000
-
Employer
26 392
-
185 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
175 551
207 500
-
-
income
45 643
53 951
-
-
total
45 643
53 951
-
-
Dividends
129 908
153 549
-
-
withholding
19 486
23 033
-
-
total
19 486
23 033
-
-
Income
207 500
207 500
207 500
207 500
Total tax
79 476
76 984
115 017
110 226
After tax
128 024
130 516
92 483
97 274
Living cost
17 603
17 603
17 603
17 603
Free-cash
110 421
112 913
74 880
79 671

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽88839
₽28615
₽80943
₽89227
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
-
-
-
207 500
pensions
-
-
-
16 938