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
₽ 208500
per

Your estimated
City
free-cash

Valencia , Spain
₽113048
₽91313
₽94611
₽116519
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
-
-
-
208 500
unemployment
-
-
-
510
income
-
-
-
70 417
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
92 274
Employee
29 064
-
185 273
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
67 719
-
other
28
-
73
-
total
7 447
-
72 346
-
Employer
29 064
-
185 273
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
170 169
208 500
-
-
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.

25 525
31 276
-
-
total
25 525
31 276
-
-
Dividends
144 644
177 224
-
-
withholding
31 598
39 090
-
-
total
31 598
39 090
-
-
Income
208 500
208 500
208 500
208 500
Total tax
73 837
70 366
95 572
92 274
After tax
134 663
138 134
112 928
116 226
Living cost
21 615
21 615
21 615
21 615
Free-cash
113 048
116 519
91 313
94 611

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽4569
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
₽126930
₽107387
₽109038
₽132240
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
-
-
-
208 500
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.

-
-
-
28 687
income
-
-
-
38 893
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
78 517
Employee
28 540
-
177 912
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
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.

1 997
-
8 367
-
income
4 914
-
38 343
-
total
7 596
-
49 579
-
Employer
28 540
-
177 912
-
health
400
-
1 674
-
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.

4 852
-
20 321
-
accident
228
-
1 423
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 589
-
Corporate
172 767
208 500
-
-
income
36 282
43 785
-
-
total
36 282
43 785
-
-
Dividends
136 486
164 715
-
-
withholding
9 554
11 530
-
-
total
9 554
11 530
-
-
Income
208 500
208 500
208 500
208 500
Total tax
60 625
55 315
80 168
78 517
After tax
147 875
153 185
128 332
129 983
Living cost
20 945
20 945
20 945
20 945
Free-cash
126 930
132 240
107 387
109 038

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
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.
₽4394
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
₽164316
₽168528
₽159595
₽167966
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
-
-
-
208 500
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
31 275
health
-
-
-
3 156
total
-
-
-
38 603
Employee
13 641
-
203 115
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
20 311
-
total
3 339
-
24 285
-
Employer
13 641
-
203 115
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
192 183
208 500
-
-
income
19 218
20 850
-
-
total
19 218
20 850
-
-
Dividends
172 964
187 650
-
-
withholding
8 648
9 382
-
-
total
8 648
9 382
-
-
Income
208 500
208 500
208 500
208 500
Total tax
33 882
30 232
29 670
38 603
After tax
174 618
178 268
178 830
169 897
Living cost
10 302
10 302
10 302
10 302
Free-cash
164 316
167 966
168 528
159 595

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
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.
₽3279
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
₽82834
₽76339
₽84457
₽78191
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
-
-
-
208 500
income
-
-
-
43 242
other
-
-
-
6 463
health
-
-
-
11 002
social contributions
-
-
-
5 941
pensions
-
-
-
30 502
surtax
-
-
-
-
total
-
-
-
97 150
Employee
33 641
-
157 652
-
pensions
3 804
-
12 503
-
income
1 985
-
37 426
-
social contributions
959
-
4 491
-
surtax
-
-
-
-
total
6 748
-
54 420
-
Employer
33 641
-
157 652
-
health
2 355
-
16 411
-
social contributions
101
-
473
-
pensions
5 527
-
20 773
-
unemployment
1 362
-
6 384
-
other
1 161
-
6 807
-
total
10 506
-
50 848
-
Corporate
164 353
208 500
-
-
income
46 019
58 380
-
-
surtax
-
-
-
-
total
46 019
58 380
-
-
Dividends
118 334
150 120
-
-
social contributions
20 354
25 821
-
-
surtax
-
-
-
-
withholding
15 146
19 215
-
-
total
35 500
45 036
-
-
Income
208 500
208 500
208 500
208 500
Total tax
98 773
103 416
105 268
97 150
After tax
109 727
105 084
103 232
111 350
Living cost
26 893
26 893
26 893
26 893
Free-cash
82 834
78 191
76 339
84 457

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽7293
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
₽66529
₽100360
₽77307
₽71344
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
-
-
-
208 500
pensions
-
-
-
9 209
income
-
-
-
79 363
health
-
-
-
9 693
total
-
-
-
98 265
Employee
67 124
67 124
193 892
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
41 702
-
total
33 372
28 959
60 604
-
Employer
67 124
67 124
193 892
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
130 445
129 621
-
-
income
26 089
25 925
-
-
total
26 089
25 925
-
-
Dividends
104 356
103 696
-
-
income
22 175
22 035
-
-
withholding
15 653
15 555
-
-
total
37 828
37 590
-
-
Income
208 500
208 500
208 500
208 500
Total tax
109 043
104 228
75 212
98 265
After tax
99 457
104 272
133 288
110 235
Living cost
32 928
32 928
32 928
32 928
Free-cash
66 529
71 344
100 360
77 307

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽6101
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
₽89931
₽103133
₽76051
₽81236
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.

-
-
-
208 500
trade
-
-
-
27 082
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.

-
-
-
72 217
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.

-
-
-
5 370
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.

-
-
-
3 972
total
-
-
-
108 641
Employee

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

30 064
-
208 500
-
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.

5 370
-
5 370
-
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.

840
-
72 217
-
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
-
3 972
-
total
6 256
-
81 559
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 436
208 500
-
-
income
26 765
31 276
-
-
trade
28 104
32 839
-
-
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.

1 472
1 720
-
-
chamber of commerce
376
419
-
-
total
56 717
66 254
-
-
Dividends
121 718
142 247
-
-
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.

1 657
1 939
-
-
withholding
30 131
35 263
-
-
total
31 788
37 202
-
-
Income
208 500
208 500
208 500
208 500
Total tax
94 761
103 456
81 559
108 641
After tax
113 739
105 044
126 941
99 859
Living cost
23 808
23 808
23 808
23 808
Free-cash
89 931
81 236
103 133
76 051

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽5612
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
₽129397
₽119159
₽120803
₽133676
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
-
-
-
208 500
income
-
-
-
51 464
health
-
-
-
5 316
social contributions
-
-
-
12 718
total
-
-
-
69 498
Employee
60 443
60 443
198 069
-
health
468
1 028
3 367
-
income
6 581
5 595
50 578
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
60 711
-
Employer
60 443
60 443
198 069
-
health
509
1 119
3 665
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
10 431
-
Corporate
178 172
141 922
-
-
income
22 272
17 740
-
-
total
22 272
17 740
-
-
Dividends
155 901
124 182
-
-
withholding
26 504
21 111
-
-
total
26 504
21 111
-
-
Income
208 500
208 500
208 500
208 500
Total tax
60 904
56 625
71 142
69 498
After tax
147 596
151 875
137 358
139 002
Living cost
18 199
18 199
18 199
18 199
Free-cash
129 397
133 676
119 159
120 803

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽5104
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
₽93147
₽65048
₽82512
₽93940
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.

-
-
-
208 500
income
-
-
-
28 879
social contributions

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

-
-
-
72 454
surtax
-
-
-
-
total
-
-
-
101 333
Employee
36 152
-
168 485
-
income
7 520
-
59 483
-
social contributions
3 977
-
18 534
-
surtax
-
-
765
-
total
11 497
-
78 782
-
Employer
36 152
-
168 485
-
social contributions
8 586
-
40 015
-
total
8 586
-
40 015
-
Corporate
163 762
208 500
-
-
income
34 390
43 785
-
-
surtax
-
-
-
-
total
34 390
43 785
-
-
Dividends
129 372
164 715
-
-
withholding
36 225
46 120
-
-
total
36 225
46 120
-
-
Income
208 500
208 500
208 500
208 500
Total tax
90 698
89 905
118 797
101 333
After tax
117 802
118 595
89 703
107 167
Living cost
24 655
24 655
24 655
24 655
Free-cash
93 147
93 940
65 048
82 512

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
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.
₽4342
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
₽190827
₽160696
₽200311
₽191971
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%.

-
-
-
208 500
microenterprise

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

-
-
-
2 085
total
-
-
-
2 085
Employee
7 629
-
208 500
-
income
1 526
-
41 700
-
total
1 526
-
41 700
-
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%.

200 871
208 500
-
-
total
-
-
-
-
Dividends
200 871
208 500
-
-
withholding
10 043
10 425
-
-
total
10 043
10 425
-
-
Income
208 500
208 500
208 500
208 500
Total tax
11 569
10 425
41 700
2 085
After tax
196 931
198 075
166 800
206 415
Living cost
6 104
6 104
6 104
6 104
Free-cash
190 827
191 971
160 696
200 311

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
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.
₽1646
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
₽115894
₽67847
₽72375
₽122469
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.

-
-
-
208 500
pensions
-
-
-
38 077
unemployment
-
-
-
313
income
-
-
-
56 136
health
-
-
-
20 516
total
-
-
-
115 042
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.

34 759
-
180 409
-
health
2 245
-
11 654
-
unemployment
49
-
252
-
pensions
5 388
-
27 964
-
income
5 994
-
51 609
-
total
13 676
-
91 479
-
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.

34 759
-
180 409
-
health
2 315
-
12 015
-
pensions
3 076
-
15 967
-
unemployment
21
-
109
-
total
5 412
-
28 091
-
Corporate
168 330
208 500
-
-
income
31 983
39 615
-
-
total
31 983
39 615
-
-
Dividends
136 347
168 885
-
-
withholding
20 452
25 333
-
-
total
20 452
25 333
-
-
Income
208 500
208 500
208 500
208 500
Total tax
71 523
64 948
119 570
115 042
After tax
136 977
143 552
88 930
93 458
Living cost
21 083
21 083
21 083
21 083
Free-cash
115 894
122 469
67 847
72 375

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
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.
₽4855
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
₽105585
₽115441
₽143721
₽102839
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.

-
-
-
208 500
income
-
-
-
31 276
health

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

-
-
-
4 970
total
-
-
-
36 246
Employee
36 059
-
204 884
-
social contributions
3 613
-
3 616
-
income
3 913
-
57 294
-
total
7 526
-
60 910
-
Employer
36 059
-
204 884
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
168 828
208 500
-
-
income
59 090
72 975
-
-
total
59 090
72 975
-
-
Dividends
109 738
135 525
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
208 500
208 500
208 500
208 500
Total tax
74 382
77 128
64 526
36 246
After tax
134 118
131 372
143 974
172 254
Living cost
28 533
28 533
28 533
28 533
Free-cash
105 585
102 839
115 441
143 721

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7051
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
₽110944
₽60069
₽117230
₽110535
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
-
-
-
208 500
income
-
-
-
31 276
health
-
-
-
14 553
social contributions
-
-
-
28 773
total
-
-
-
74 602
Employee
26 651
-
208 500
-
health
1 860
-
14 553
-
income
4 445
-
88 437
-
social contributions
3 678
-
28 773
-
total
9 983
-
131 763
-
Employer
26 651
-
208 500
-
total
-
-
-
-
Corporate
181 849
208 500
-
-
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%.

9 093
10 425
-
-
total
9 093
10 425
-
-
Dividends
172 756
198 075
-
-
social contributions
23 840
27 335
-
-
withholding
25 913
29 711
-
-
health
12 059
13 826
-
-
total
61 812
70 872
-
-
Income
208 500
208 500
208 500
208 500
Total tax
80 888
81 297
131 763
74 602
After tax
127 612
127 203
76 737
133 898
Living cost
16 668
16 668
16 668
16 668
Free-cash
110 944
110 535
60 069
117 230

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
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.
₽4101
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
₽113701
₽95140
₽104793
₽121550
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
-
-
-
208 500
income
-
-
-
23 199
health
-
-
-
28 147
social contributions
-
-
-
25 692
solidarity contribution
-
-
-
4 667
total
-
-
-
81 705
Employee
32 356
-
171 104
-
health
4 368
-
23 099
-
solidarity contribution
-
-
3 801
-
income
3 883
-
21 343
-
social contributions
2 103
-
5 719
-
total
10 354
-
53 962
-
Employer
32 356
-
171 104
-
health
2 912
-
15 399
-
social contributions
8 089
-
21 997
-
total
11 001
-
37 396
-
Corporate
165 144
208 500
-
-
income
31 377
39 615
-
-
total
31 377
39 615
-
-
Dividends
133 766
168 885
-
-
withholding
20 065
25 333
-
-
total
20 065
25 333
-
-
Income
208 500
208 500
208 500
208 500
Total tax
72 797
64 948
91 358
81 705
After tax
135 703
143 552
117 142
126 795
Living cost
22 002
22 002
22 002
22 002
Free-cash
113 701
121 550
95 140
104 793

Estimated living cost  is ₽22002 per week

₽16362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
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.
₽4040
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
₽186781
₽157289
₽196904
₽188564
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%.

-
-
-
208 500
microenterprise

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

-
-
-
2 085
total
-
-
-
2 085
Employee
11 889
-
208 500
-
income
2 378
-
41 700
-
total
2 378
-
41 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

196 611
208 500
-
-
total
-
-
-
-
Dividends
196 611
208 500
-
-
withholding
9 830
10 425
-
-
total
9 830
10 425
-
-
Income
208 500
208 500
208 500
208 500
Total tax
12 208
10 425
41 700
2 085
After tax
196 292
198 075
166 800
206 415
Living cost
9 511
9 511
9 511
9 511
Free-cash
186 781
188 564
157 289
196 904

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
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.
₽2356
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
₽72523
₽65267
₽73385
₽67119
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
-
-
-
208 500
income
-
-
-
43 242
other
-
-
-
6 463
health
-
-
-
11 002
social contributions
-
-
-
5 941
pensions
-
-
-
30 502
surtax
-
-
-
-
total
-
-
-
97 150
Employee
49 231
-
157 652
-
pensions
5 568
-
12 503
-
income
4 296
-
37 426
-
social contributions
1 402
-
4 491
-
surtax
-
-
-
-
total
11 266
-
54 420
-
Employer
49 231
-
157 652
-
health
3 446
-
16 411
-
social contributions
148
-
473
-
pensions
8 089
-
20 773
-
unemployment
1 994
-
6 384
-
other
1 699
-
6 807
-
total
15 376
-
50 848
-
Corporate
143 893
208 500
-
-
income
40 290
58 380
-
-
surtax
-
-
-
-
total
40 290
58 380
-
-
Dividends
103 603
150 120
-
-
social contributions
17 819
25 821
-
-
surtax
-
-
-
-
withholding
13 261
19 215
-
-
total
31 080
45 036
-
-
Income
208 500
208 500
208 500
208 500
Total tax
98 012
103 416
105 268
97 150
After tax
110 488
105 084
103 232
111 350
Living cost
37 965
37 965
37 965
37 965
Free-cash
72 523
67 119
65 267
73 385

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽8644
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
₽133232
₽124204
₽124202
₽137088
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.

-
-
-
208 500
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
48 851
health
-
-
-
5 966
total
-
-
-
70 745
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.

20 437
-
198 133
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
48 851
-
total
6 884
-
60 376
-
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.

20 437
-
198 133
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
184 404
208 500
-
-
income
27 661
31 275
-
-
total
27 661
31 275
-
-
Dividends
156 744
177 225
-
-
withholding
23 512
26 584
-
-
total
23 512
26 584
-
-
Income
208 500
208 500
208 500
208 500
Total tax
61 715
57 859
70 743
70 745
After tax
146 785
150 641
137 757
137 755
Living cost
13 553
13 553
13 553
13 553
Free-cash
133 232
137 088
124 204
124 202

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽2987
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
₽64759
₽102580
₽107793
₽41888
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
-
-
-
208 500
pensions
-
-
-
19 181
city
-
-
-
2 199
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.

-
-
-
4 069
health
-
-
-
470
regional
-
-
-
13 317
national
-
-
-
8 016
total
-
-
-
47 252
Employee
62 557
-
188 897
-
health
141
-
426
-
unemployment
-
-
-
-
city
671
-
2 059
-
pensions
5 256
-
13 322
-
regional
2 048
-
12 146
-
national
296
-
6 986
-
total
8 412
-
34 939
-
Employer
62 557
-
188 897
-
health
141
-
426
-
pensions
5 256
-
13 322
-
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.

1 251
-
3 778
-
total
6 648
-
17 526
-
Corporate
138 608
208 500
-
-
regional
29 315
44 097
-
-
national
11 781
17 722
-
-
total
41 096
61 819
-
-
Dividends
97 512
146 681
-
-
withholding
34 130
51 338
-
-
total
34 130
51 338
-
-
Income
208 500
208 500
208 500
208 500
Total tax
90 286
113 157
52 465
47 252
After tax
118 214
95 343
156 035
161 248
Living cost
53 455
53 455
53 455
53 455
Free-cash
64 759
41 888
102 580
107 793

Estimated living cost  is ₽53455 per week

₽34761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
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.
₽13241
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
₽98549
₽70244
₽94125
₽94962
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

-
-
-
208 500
municipal
-
-
-
37 011
health
-
-
-
2 883
national
-
-
-
44 303
total
-
-
-
84 197
Employee
41 355
-
175 402
-
health
309
-
2 373
-
unemployment
621
-
2 631
-
pensions
2 791
-
11 839
-
national
683
-
29 596
-
municipal
6 774
-
28 540
-
total
11 178
-
74 979
-
Employer
41 355
-
175 402
-
health
318
-
1 350
-
pensions
7 175
-
30 433
-
accident
42
-
176
-
unemployment
268
-
1 140
-
total
7 803
-
33 099
-
Corporate
159 342
208 500
-
-
income
31 868
41 701
-
-
total
31 868
41 701
-
-
Dividends

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

95 606
125 099
-
-
municipal
17 209
22 518
-
-
national
11 715
19 141
-
-
total
28 924
41 659
-
-
Income
208 500
208 500
208 500
208 500
Total tax
79 773
83 360
108 078
84 197
After tax
128 727
125 140
100 422
124 303
Living cost
30 178
30 178
30 178
30 178
Free-cash
98 549
94 962
70 244
94 125

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽7084
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
₽76014
₽40838
₽62186
₽83989
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
-
-
-
208 500
communal

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

-
-
-
11 334
social contributions
-
-
-
19 597
national
-
-
-
86 723
total
-
-
-
117 654
Employee

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

56 226
-
161 491
-
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.

2 642
-
7 590
-
communal

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

2 933
-
8 423
-
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.

489
-
1 405
-
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.

4 217
-
12 112
-
national
17 286
-
62 463
-
total
27 567
-
91 993
-
Employer

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

56 226
-
161 491
-
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.

3 458
-
9 931
-
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.

4 982
-
14 308
-
surtax
6 375
-
18 312
-
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.

731
-
2 100
-
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.

820
-
2 358
-
total
16 366
-
47 009
-
Corporate
135 908
208 500
-
-
income
27 181
47 041
-
-
surtax
543
941
-
-
total
27 724
47 982
-
-
Dividends
108 184
160 518
-
-
withholding

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

32 169
47 869
-
-
total
32 169
47 869
-
-
Income
208 500
208 500
208 500
208 500
Total tax
103 826
95 851
139 002
117 654
After tax
104 674
112 649
69 498
90 846
Living cost
28 660
28 660
28 660
28 660
Free-cash
76 014
83 989
40 838
62 186

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7245
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
₽78984
₽68567
₽69394
₽79749
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
-
-
-
208 500
unemployment
-
-
-
75
municipal
-
-
-
55 720
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
27 649
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
105 014
Employee
48 578
-
185 024
-
national
-
-
27 191
-
municipal
14 486
-
55 174
-
total
14 486
-
82 365
-
Employer
48 578
-
185 024
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
144 658
208 500
-
-
income
31 825
45 870
-
-
total
31 825
45 870
-
-
Dividends
112 834
162 630
-
-
withholding
33 850
48 789
-
-
total
33 850
48 789
-
-
Income
208 500
208 500
208 500
208 500
Total tax
95 424
94 659
105 841
105 014
After tax
113 076
113 841
102 659
103 486
Living cost
34 092
34 092
34 092
34 092
Free-cash
78 984
79 749
68 567
69 394

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
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.
₽7634
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
₽46963
₽158915
₽106091
₽88852
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
-
-
-
208 500
income
-
-
-
40 641
social contributions
-
-
-
23 769
total
-
-
-
64 410
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
77 192
208 500
-
-
income
16 982
45 870
-
-
total
16 982
45 870
-
-
Dividends
60 209
162 630
-
-
income
13 246
35 779
-
-
total
13 246
35 779
-
-
Income
208 500
208 500
208 500
208 500
Total tax
123 538
81 649
11 586
64 410
After tax
84 962
126 851
196 914
144 090
Living cost
37 999
37 999
37 999
37 999
Free-cash
46 963
88 852
158 915
106 091

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
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.
₽9286
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
₽123120
₽111863
₽113507
₽126380
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
-
-
-
208 500
income
-
-
-
51 464
health
-
-
-
5 316
social contributions
-
-
-
12 718
total
-
-
-
69 498
Employee
60 443
60 443
198 069
-
health
601
1 028
3 367
-
income
6 347
5 595
50 578
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
60 711
-
Employer
60 443
60 443
198 069
-
health
655
1 119
3 665
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
10 431
-
Corporate
169 528
141 922
-
-
income
21 190
17 740
-
-
total
21 190
17 740
-
-
Dividends
148 337
124 182
-
-
withholding
25 218
21 111
-
-
total
25 218
21 111
-
-
Income
208 500
208 500
208 500
208 500
Total tax
59 885
56 625
71 142
69 498
After tax
148 615
151 875
137 358
139 002
Living cost
25 495
25 495
25 495
25 495
Free-cash
123 120
126 380
111 863
113 507

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽5647
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
₽104708
₽85973
₽104432
₽100208
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
-
-
-
208 500
income
-
-
-
67 519
pensions
-
-
-
8 328
total
-
-
-
75 847
Employee
38 737
-
181 447
-
health
505
-
2 341
-
pensions
2 957
-
9 698
-
income
7 054
-
55 214
-
total
10 516
-
67 253
-
Employer
38 737
-
181 447
-
health
736
-
3 447
-
pensions
3 914
-
23 606
-
total
4 650
-
27 053
-
Corporate
165 113
208 500
-
-
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.

31 372
39 616
-
-
total
31 372
39 616
-
-
Dividends
133 741
168 884
-
-
withholding
29 033
40 455
-
-
total
29 033
40 455
-
-
Income
208 500
208 500
208 500
208 500
Total tax
75 571
80 071
94 306
75 847
After tax
132 929
128 429
114 194
132 653
Living cost
28 221
28 221
28 221
28 221
Free-cash
104 708
100 208
85 973
104 432

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5912
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
₽74934
₽61945
₽68400
₽78510
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
-
-
-
208 500
municipal
-
-
-
1 523
regional
-
-
-
5 371
social contributions
-
-
-
39 341
national
-
-
-
62 551
total
-
-
-
108 786
Employee
66 236
-
208 500
-
social contributions
22 335
-
51 577
-
regional
1 000
-
4 963
-
national
11 193
-
57 288
-
municipal
395
-
1 413
-
total
34 923
-
115 241
-
Employer
66 236
-
208 500
-
total
-
-
-
-
Corporate
142 264
208 500
-
-
nationa
34 144
50 041
-
-
municipal
6 857
10 049
-
-
total
41 001
60 090
-
-
Dividends
101 262
148 410
-
-
withholding
26 328
38 586
-
-
total
26 328
38 586
-
-
Income
208 500
208 500
208 500
208 500
Total tax
102 252
98 676
115 241
108 786
After tax
106 248
109 824
93 259
99 714
Living cost
31 314
31 314
31 314
31 314
Free-cash
74 934
78 510
61 945
68 400

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6690
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
₽14312
₽99069
₽125477
₽102
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
-
-
-
208 500
pensions
-
-
-
3 175
income
-
-
-
60 921
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
66 236
Employee
26 407
-
192 176
-
health
3 024
-
22 004
-
pensions
2 974
-
5 822
-
income
3 623
-
48 494
-
total
9 621
-
76 320
-
Employer
26 407
-
192 176
-
pensions
4 294
-
8 407
-
accident
441
-
3 209
-
unemployment
647
-
4 708
-
total
5 382
-
16 324
-
Corporate
176 711
208 500
-
-
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.

159 040
187 650
-
-
total
159 040
187 650
-
-
Dividends
17 671
20 850
-
-
withholding
3 358
3 961
-
-
total
3 358
3 961
-
-
Income
208 500
208 500
208 500
208 500
Total tax
177 401
191 611
92 644
66 236
After tax
31 099
16 889
115 856
142 264
Living cost
16 787
16 787
16 787
16 787
Free-cash
14 312
102
99 069
125 477

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽3204
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
₽87123
₽96594
₽71919
₽76842
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.

-
-
-
208 500
trade
-
-
-
24 675
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.

-
-
-
72 217
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.

-
-
-
5 370
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.

-
-
-
3 972
total
-
-
-
106 234
Employee

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

39 110
-
208 500
-
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.

5 370
-
5 370
-
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.

3 216
-
72 217
-
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
-
3 972
-
total
8 764
-
81 559
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 390
208 500
-
-
income
25 409
31 276
-
-
trade
24 308
29 920
-
-
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.

1 398
1 720
-
-
chamber of commerce
368
425
-
-
total
51 483
63 341
-
-
Dividends
117 907
145 160
-
-
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.

1 605
1 979
-
-
withholding
29 178
35 991
-
-
total
30 783
37 970
-
-
Income
208 500
208 500
208 500
208 500
Total tax
91 030
101 311
81 559
106 234
After tax
117 470
107 189
126 941
102 266
Living cost
30 347
30 347
30 347
30 347
Free-cash
87 123
76 842
96 594
71 919

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
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.
₽5707
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
₽143998
₽75963
₽61616
₽150446
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.

-
-
-
208 500
income
-
-
-
47 248
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.

-
-
-
30 116
surtax
-
-
-
53 167
total
-
-
-
130 531
Employee
22 968
-
167 506
-
income
4 089
-
40 598
-
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.

2 527
-
10 304
-
surtax
-
-
24 289
-
total
6 616
-
75 191
-
Employer
22 968
-
167 506
-
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.

5 533
-
22 567
-
surtax
-
-
18 426
-
total
5 533
-
40 993
-
Corporate
179 999
208 500
-
-
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%.

36 000
41 701
-
-
total
36 000
41 701
-
-
Dividends

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

143 999
166 799
-
-
total
-
-
-
-
Income
208 500
208 500
208 500
208 500
Total tax
48 149
41 701
116 184
130 531
After tax
160 351
166 799
92 316
77 969
Living cost
16 353
16 353
16 353
16 353
Free-cash
143 998
150 446
75 963
61 616

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
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.
₽3992
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
₽118725
₽119317
₽120013
₽120331
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
-
-
-
208 500
income
-
-
-
66 418
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
78 714
Employee
14 885
-
200 481
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
66 043
-
total
5 112
-
71 390
-
Employer
14 885
-
200 481
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
190 266
208 500
-
-
income
41 859
45 870
-
-
total
41 859
45 870
-
-
Dividends
148 408
162 630
-
-
withholding
29 682
32 526
-
-
total
29 682
32 526
-
-
Income
208 500
208 500
208 500
208 500
Total tax
80 002
78 396
79 410
78 714
After tax
128 498
130 104
129 090
129 786
Living cost
9 773
9 773
9 773
9 773
Free-cash
118 725
120 331
119 317
120 013

Estimated living cost  is ₽9773 per week

₽5807
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.
₽2949
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
₽110990
₽75278
₽80085
₽113492
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
-
-
-
208 500
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
69 912
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
12 239
total
-
-
-
110 760
Employee
26 471
-
186 418
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
65 212
-
other
-
-
-
-
surtax
94
-
11 299
-
total
8 816
-
93 485
-
Employer
26 471
-
186 418
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
176 456
208 500
-
-
income
45 879
54 210
-
-
total
45 879
54 210
-
-
Dividends
130 577
154 290
-
-
withholding
19 587
23 143
-
-
total
19 587
23 143
-
-
Income
208 500
208 500
208 500
208 500
Total tax
79 855
77 353
115 567
110 760
After tax
128 645
131 147
92 933
97 740
Living cost
17 655
17 655
17 655
17 655
Free-cash
110 990
113 492
75 278
80 085

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
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.
₽5052
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
₽89313
₽28790
₽81375
₽89703
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
-
-
-
208 500
pensions
-
-
-
16 988