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
₽ 212500
per

Your estimated
City
free-cash

Valencia , Spain
₽115667
₽93513
₽96810
₽119137
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
-
-
-
212 500
unemployment
-
-
-
510
income
-
-
-
72 218
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
94 075
Employee
29 064
-
189 273
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
69 519
-
other
28
-
73
-
total
7 447
-
74 146
-
Employer
29 064
-
189 273
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
174 169
212 500
-
-
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.

26 125
31 875
-
-
total
26 125
31 875
-
-
Dividends
148 045
180 625
-
-
withholding
32 379
39 873
-
-
total
32 379
39 873
-
-
Income
212 500
212 500
212 500
212 500
Total tax
75 218
71 748
97 372
94 075
After tax
137 282
140 752
115 128
118 425
Living cost
21 615
21 615
21 615
21 615
Free-cash
115 667
119 137
93 513
96 810

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
₽129870
₽110364
₽112038
₽135180
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
-
-
-
212 500
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
-
-
-
39 893
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
79 517
Employee
28 540
-
181 881
-
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
-
39 335
-
total
7 596
-
50 571
-
Employer
28 540
-
181 881
-
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
-
1 454
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 620
-
Corporate
176 767
212 500
-
-
income
37 121
44 624
-
-
total
37 121
44 624
-
-
Dividends
139 646
167 876
-
-
withholding
9 775
11 751
-
-
total
9 775
11 751
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 685
56 375
81 191
79 517
After tax
150 815
156 125
131 309
132 983
Living cost
20 945
20 945
20 945
20 945
Free-cash
129 870
135 180
110 364
112 038

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
₽167736
₽172127
₽162995
₽171386
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
-
-
-
212 500
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
-
-
-
31 875
health
-
-
-
3 156
total
-
-
-
39 203
Employee
13 641
-
207 115
-
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
-
20 712
-
total
3 339
-
24 686
-
Employer
13 641
-
207 115
-
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
196 183
212 500
-
-
income
19 618
21 250
-
-
total
19 618
21 250
-
-
Dividends
176 564
191 250
-
-
withholding
8 828
9 562
-
-
total
8 828
9 562
-
-
Income
212 500
212 500
212 500
212 500
Total tax
34 462
30 812
30 071
39 203
After tax
178 038
181 688
182 429
173 297
Living cost
10 302
10 302
10 302
10 302
Free-cash
167 736
171 386
172 127
162 995

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
₽84850
₽77810
₽86299
₽80206
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
-
-
-
212 500
income
-
-
-
44 536
other
-
-
-
6 587
health
-
-
-
11 296
social contributions
-
-
-
6 055
pensions
-
-
-
30 834
surtax
-
-
-
-
total
-
-
-
99 308
Employee
33 641
-
160 526
-
pensions
3 804
-
12 794
-
income
1 985
-
38 457
-
social contributions
959
-
4 575
-
surtax
-
-
-
-
total
6 748
-
55 826
-
Employer
33 641
-
160 526
-
health
2 355
-
16 784
-
social contributions
101
-
482
-
pensions
5 527
-
21 246
-
unemployment
1 362
-
6 501
-
other
1 161
-
6 958
-
total
10 506
-
51 971
-
Corporate
168 353
212 500
-
-
income
47 139
59 501
-
-
surtax
-
-
-
-
total
47 139
59 501
-
-
Dividends
121 214
152 999
-
-
social contributions
20 849
26 316
-
-
surtax
-
-
-
-
withholding
15 515
19 584
-
-
total
36 364
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
100 757
105 401
107 797
99 308
After tax
111 743
107 099
104 703
113 192
Living cost
26 893
26 893
26 893
26 893
Free-cash
84 850
80 206
77 810
86 299

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
₽68568
₽102912
₽79238
₽73385
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
-
-
-
212 500
pensions
-
-
-
9 209
income
-
-
-
81 432
health
-
-
-
9 693
total
-
-
-
100 334
Employee
67 124
67 124
197 892
-
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
43 150
-
total
33 372
28 959
62 052
-
Employer
67 124
67 124
197 892
-
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
134 445
133 621
-
-
income
26 889
26 724
-
-
total
26 889
26 724
-
-
Dividends
107 556
106 897
-
-
income
22 855
22 716
-
-
withholding
16 134
16 034
-
-
total
38 989
38 750
-
-
Income
212 500
212 500
212 500
212 500
Total tax
111 004
106 187
76 660
100 334
After tax
101 496
106 313
135 840
112 166
Living cost
32 928
32 928
32 928
32 928
Free-cash
68 568
73 385
102 912
79 238

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
₽91941
₽105360
₽77647
₽83249
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.

-
-
-
212 500
trade
-
-
-
27 713
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.

-
-
-
73 897
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.

-
-
-
4 065
total
-
-
-
111 045
Employee

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

30 064
-
212 500
-
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
-
73 897
-
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
-
4 065
-
total
6 256
-
83 332
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 436
212 500
-
-
income
27 366
31 875
-
-
trade
28 734
33 468
-
-
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.

1 505
1 753
-
-
chamber of commerce
382
425
-
-
total
57 987
67 521
-
-
Dividends
124 449
144 979
-
-
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.

1 695
1 976
-
-
withholding
30 813
35 946
-
-
total
32 508
37 922
-
-
Income
212 500
212 500
212 500
212 500
Total tax
96 751
105 443
83 332
111 045
After tax
115 749
107 057
129 168
101 455
Living cost
23 808
23 808
23 808
23 808
Free-cash
91 941
83 249
105 360
77 647

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
₽132302
₽121669
₽123337
₽136580
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
-
-
-
212 500
income
-
-
-
52 827
health
-
-
-
5 419
social contributions
-
-
-
12 718
total
-
-
-
70 964
Employee
60 443
60 443
201 997
-
health
468
1 028
3 434
-
income
6 581
5 595
51 929
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
62 129
-
Employer
60 443
60 443
201 997
-
health
509
1 119
3 737
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
10 503
-
Corporate
182 172
145 922
-
-
income
22 772
18 240
-
-
total
22 772
18 240
-
-
Dividends
159 401
127 682
-
-
withholding
27 099
21 707
-
-
total
27 099
21 707
-
-
Income
212 500
212 500
212 500
212 500
Total tax
61 999
57 721
72 632
70 964
After tax
150 501
154 779
139 868
141 536
Living cost
18 199
18 199
18 199
18 199
Free-cash
132 302
136 580
121 669
123 337

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
₽95423
₽66473
₽84397
₽96216
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.

-
-
-
212 500
income
-
-
-
29 604
social contributions

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

-
-
-
73 844
surtax
-
-
-
-
total
-
-
-
103 448
Employee
36 152
-
171 717
-
income
7 520
-
60 863
-
social contributions
3 977
-
18 889
-
surtax
-
-
837
-
total
11 497
-
80 589
-
Employer
36 152
-
171 717
-
social contributions
8 586
-
40 783
-
total
8 586
-
40 783
-
Corporate
167 762
212 500
-
-
income
35 230
44 624
-
-
surtax
-
-
-
-
total
35 230
44 624
-
-
Dividends
132 533
167 876
-
-
withholding
37 109
47 005
-
-
total
37 109
47 005
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 422
91 629
121 372
103 448
After tax
120 078
120 871
91 128
109 052
Living cost
24 655
24 655
24 655
24 655
Free-cash
95 423
96 216
66 473
84 397

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
₽194627
₽163896
₽204271
₽195771
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%.

-
-
-
212 500
microenterprise

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

-
-
-
2 125
total
-
-
-
2 125
Employee
7 629
-
212 500
-
income
1 526
-
42 500
-
total
1 526
-
42 500
-
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%.

204 871
212 500
-
-
total
-
-
-
-
Dividends
204 871
212 500
-
-
withholding
10 243
10 625
-
-
total
10 243
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
11 769
10 625
42 500
2 125
After tax
200 731
201 875
170 000
210 375
Living cost
6 104
6 104
6 104
6 104
Free-cash
194 627
195 771
163 896
204 271

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
₽118648
₽69197
₽73809
₽125223
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.

-
-
-
212 500
pensions
-
-
-
38 808
unemployment
-
-
-
319
income
-
-
-
57 571
health
-
-
-
20 910
total
-
-
-
117 608
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
-
183 872
-
health
2 245
-
11 878
-
unemployment
49
-
258
-
pensions
5 388
-
28 500
-
income
5 994
-
52 957
-
total
13 676
-
93 593
-
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
-
183 872
-
health
2 315
-
12 245
-
pensions
3 076
-
16 272
-
unemployment
21
-
110
-
total
5 412
-
28 627
-
Corporate
172 330
212 500
-
-
income
32 743
40 375
-
-
total
32 743
40 375
-
-
Dividends
139 586
172 125
-
-
withholding
20 938
25 819
-
-
total
20 938
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
72 769
66 194
122 220
117 608
After tax
139 731
146 306
90 280
94 892
Living cost
21 083
21 083
21 083
21 083
Free-cash
118 648
125 223
69 197
73 809

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
₽108185
₽118040
₽147122
₽105439
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.

-
-
-
212 500
income
-
-
-
31 875
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
-
-
-
36 845
Employee
36 059
-
208 884
-
social contributions
3 613
-
3 616
-
income
3 913
-
58 695
-
total
7 526
-
62 311
-
Employer
36 059
-
208 884
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
172 828
212 500
-
-
income
60 490
74 375
-
-
total
60 490
74 375
-
-
Dividends
112 339
138 125
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
212 500
212 500
212 500
212 500
Total tax
75 782
78 528
65 927
36 845
After tax
136 718
133 972
146 573
175 655
Living cost
28 533
28 533
28 533
28 533
Free-cash
108 185
105 439
118 040
147 122

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
₽113384
₽61358
₽119800
₽112978
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
-
-
-
212 500
income
-
-
-
31 875
health
-
-
-
14 833
social contributions
-
-
-
29 324
total
-
-
-
76 032
Employee
26 651
-
212 500
-
health
1 860
-
14 833
-
income
4 445
-
90 317
-
social contributions
3 678
-
29 324
-
total
9 983
-
134 474
-
Employer
26 651
-
212 500
-
total
-
-
-
-
Corporate
185 849
212 500
-
-
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%.

9 293
10 625
-
-
total
9 293
10 625
-
-
Dividends
176 556
201 875
-
-
social contributions
24 365
27 858
-
-
withholding
26 483
30 281
-
-
health
12 324
14 090
-
-
total
63 172
72 229
-
-
Income
212 500
212 500
212 500
212 500
Total tax
82 448
82 854
134 474
76 032
After tax
130 052
129 646
78 026
136 468
Living cost
16 668
16 668
16 668
16 668
Free-cash
113 384
112 978
61 358
119 800

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
₽116455
₽97616
₽107491
₽124304
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
-
-
-
212 500
income
-
-
-
23 718
health
-
-
-
28 688
social contributions
-
-
-
25 692
solidarity contribution
-
-
-
4 909
total
-
-
-
83 007
Employee
32 356
-
174 774
-
health
4 368
-
23 594
-
solidarity contribution
-
-
4 023
-
income
3 883
-
21 819
-
social contributions
2 103
-
5 719
-
total
10 354
-
55 155
-
Employer
32 356
-
174 774
-
health
2 912
-
15 730
-
social contributions
8 089
-
21 997
-
total
11 001
-
37 727
-
Corporate
169 144
212 500
-
-
income
32 137
40 375
-
-
total
32 137
40 375
-
-
Dividends
137 006
172 125
-
-
withholding
20 551
25 819
-
-
total
20 551
25 819
-
-
Income
212 500
212 500
212 500
212 500
Total tax
74 043
66 194
92 882
83 007
After tax
138 457
146 306
119 618
129 493
Living cost
22 002
22 002
22 002
22 002
Free-cash
116 455
124 304
97 616
107 491

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
₽190581
₽160489
₽200864
₽192364
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%.

-
-
-
212 500
microenterprise

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

-
-
-
2 125
total
-
-
-
2 125
Employee
11 889
-
212 500
-
income
2 378
-
42 500
-
total
2 378
-
42 500
-
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%.

200 611
212 500
-
-
total
-
-
-
-
Dividends
200 611
212 500
-
-
withholding
10 030
10 625
-
-
total
10 030
10 625
-
-
Income
212 500
212 500
212 500
212 500
Total tax
12 408
10 625
42 500
2 125
After tax
200 092
201 875
170 000
210 375
Living cost
9 511
9 511
9 511
9 511
Free-cash
190 581
192 364
160 489
200 864

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
₽74538
₽66738
₽75227
₽69134
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
-
-
-
212 500
income
-
-
-
44 536
other
-
-
-
6 587
health
-
-
-
11 296
social contributions
-
-
-
6 055
pensions
-
-
-
30 834
surtax
-
-
-
-
total
-
-
-
99 308
Employee
49 231
-
160 526
-
pensions
5 568
-
12 794
-
income
4 296
-
38 457
-
social contributions
1 402
-
4 575
-
surtax
-
-
-
-
total
11 266
-
55 826
-
Employer
49 231
-
160 526
-
health
3 446
-
16 784
-
social contributions
148
-
482
-
pensions
8 089
-
21 246
-
unemployment
1 994
-
6 501
-
other
1 699
-
6 958
-
total
15 376
-
51 971
-
Corporate
147 893
212 500
-
-
income
41 410
59 501
-
-
surtax
-
-
-
-
total
41 410
59 501
-
-
Dividends
106 483
152 999
-
-
social contributions
18 316
26 316
-
-
surtax
-
-
-
-
withholding
13 629
19 584
-
-
total
31 945
45 900
-
-
Income
212 500
212 500
212 500
212 500
Total tax
99 997
105 401
107 797
99 308
After tax
112 503
107 099
104 703
113 192
Living cost
37 965
37 965
37 965
37 965
Free-cash
74 538
69 134
66 738
75 227

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
₽136122
₽127204
₽127202
₽139978
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.

-
-
-
212 500
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
49 851
health
-
-
-
5 966
total
-
-
-
71 745
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
-
202 133
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
49 851
-
total
6 884
-
61 376
-
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
-
202 133
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
188 404
212 500
-
-
income
28 261
31 875
-
-
total
28 261
31 875
-
-
Dividends
160 144
180 625
-
-
withholding
24 022
27 094
-
-
total
24 022
27 094
-
-
Income
212 500
212 500
212 500
212 500
Total tax
62 825
58 969
71 743
71 745
After tax
149 675
153 531
140 757
140 755
Living cost
13 553
13 553
13 553
13 553
Free-cash
136 122
139 978
127 204
127 202

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
₽66587
₽105435
₽110611
₽43716
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
-
-
-
212 500
pensions
-
-
-
19 551
city
-
-
-
2 242
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
-
-
-
478
regional
-
-
-
13 680
national
-
-
-
8 414
total
-
-
-
48 434
Employee
62 557
-
192 592
-
health
141
-
434
-
unemployment
-
-
-
-
city
671
-
2 101
-
pensions
5 256
-
13 503
-
regional
2 048
-
12 492
-
national
296
-
7 291
-
total
8 412
-
35 821
-
Employer
62 557
-
192 592
-
health
141
-
434
-
pensions
5 256
-
13 503
-
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
-
3 852
-
total
6 648
-
17 789
-
Corporate
142 608
212 500
-
-
regional
30 162
44 944
-
-
national
12 122
18 062
-
-
total
42 284
63 006
-
-
Dividends
100 324
149 493
-
-
withholding
35 114
52 323
-
-
total
35 114
52 323
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 458
115 329
53 610
48 434
After tax
120 042
97 171
158 890
164 066
Living cost
53 455
53 455
53 455
53 455
Free-cash
66 587
43 716
105 435
110 611

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
₽100807
₽71783
₽96125
₽96979
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

-
-
-
212 500
municipal
-
-
-
37 719
health
-
-
-
2 945
national
-
-
-
45 533
total
-
-
-
86 197
Employee
41 355
-
178 766
-
health
309
-
2 425
-
unemployment
621
-
2 682
-
pensions
2 791
-
12 066
-
national
683
-
30 545
-
municipal
6 774
-
29 087
-
total
11 178
-
76 805
-
Employer
41 355
-
178 766
-
health
318
-
1 377
-
pensions
7 175
-
31 016
-
accident
42
-
179
-
unemployment
268
-
1 162
-
total
7 803
-
33 734
-
Corporate
163 342
212 500
-
-
income
32 669
42 500
-
-
total
32 669
42 500
-
-
Dividends

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

98 005
127 500
-
-
municipal
17 640
22 951
-
-
national
12 225
19 892
-
-
total
29 865
42 843
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 515
85 343
110 539
86 197
After tax
130 985
127 157
101 961
126 303
Living cost
30 178
30 178
30 178
30 178
Free-cash
100 807
96 979
71 783
96 125

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
₽78242
₽42023
₽63945
₽85962
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
-
-
-
212 500
communal

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

-
-
-
11 574
social contributions
-
-
-
19 597
national
-
-
-
88 724
total
-
-
-
119 895
Employee

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

56 226
-
164 590
-
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
-
7 736
-
communal

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

2 933
-
8 584
-
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
-
1 432
-
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
-
12 345
-
national
17 286
-
63 810
-
total
27 567
-
93 907
-
Employer

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

56 226
-
164 590
-
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
-
10 122
-
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
-
14 582
-
surtax
6 375
-
18 664
-
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
-
2 139
-
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
-
2 403
-
total
16 366
-
47 910
-
Corporate
139 908
212 500
-
-
income
27 982
48 200
-
-
surtax
559
964
-
-
total
28 541
49 164
-
-
Dividends
111 367
163 337
-
-
withholding

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

33 124
48 714
-
-
total
33 124
48 714
-
-
Income
212 500
212 500
212 500
212 500
Total tax
105 598
97 878
141 817
119 895
After tax
106 902
114 622
70 683
92 605
Living cost
28 660
28 660
28 660
28 660
Free-cash
78 242
85 962
42 023
63 945

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
₽81168
₽70374
₽71201
₽81933
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
-
-
-
212 500
unemployment
-
-
-
75
municipal
-
-
-
56 913
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
28 649
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
107 207
Employee
48 578
-
189 024
-
national
-
-
28 191
-
municipal
14 486
-
56 367
-
total
14 486
-
84 558
-
Employer
48 578
-
189 024
-
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
148 658
212 500
-
-
income
32 705
46 750
-
-
total
32 705
46 750
-
-
Dividends
115 954
165 750
-
-
withholding
34 786
49 725
-
-
total
34 786
49 725
-
-
Income
212 500
212 500
212 500
212 500
Total tax
97 240
96 475
108 034
107 207
After tax
115 260
116 025
104 466
105 293
Living cost
34 092
34 092
34 092
34 092
Free-cash
81 168
81 933
70 374
71 201

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
₽49397
₽162915
₽108856
₽91286
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
-
-
-
212 500
income
-
-
-
41 420
social contributions
-
-
-
24 225
total
-
-
-
65 645
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
81 192
212 500
-
-
income
17 862
46 750
-
-
total
17 862
46 750
-
-
Dividends
63 329
165 750
-
-
income
13 932
36 465
-
-
total
13 932
36 465
-
-
Income
212 500
212 500
212 500
212 500
Total tax
125 104
83 215
11 586
65 645
After tax
87 396
129 285
200 914
146 855
Living cost
37 999
37 999
37 999
37 999
Free-cash
49 397
91 286
162 915
108 856

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
₽126024
₽114373
₽116041
₽129284
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
-
-
-
212 500
income
-
-
-
52 827
health
-
-
-
5 419
social contributions
-
-
-
12 718
total
-
-
-
70 964
Employee
60 443
60 443
201 997
-
health
601
1 028
3 434
-
income
6 347
5 595
51 929
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
62 129
-
Employer
60 443
60 443
201 997
-
health
655
1 119
3 737
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
10 503
-
Corporate
173 528
145 922
-
-
income
21 692
18 240
-
-
total
21 692
18 240
-
-
Dividends
151 836
127 682
-
-
withholding
25 812
21 707
-
-
total
25 812
21 707
-
-
Income
212 500
212 500
212 500
212 500
Total tax
60 981
57 721
72 632
70 964
After tax
151 519
154 779
139 868
141 536
Living cost
25 495
25 495
25 495
25 495
Free-cash
126 024
129 284
114 373
116 041

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
₽106895
₽87984
₽106783
₽102395
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
-
-
-
212 500
income
-
-
-
69 087
pensions
-
-
-
8 409
total
-
-
-
77 496
Employee
38 737
-
184 903
-
health
505
-
2 375
-
pensions
2 957
-
9 767
-
income
7 054
-
56 556
-
total
10 516
-
68 698
-
Employer
38 737
-
184 903
-
health
736
-
3 514
-
pensions
3 914
-
24 083
-
total
4 650
-
27 597
-
Corporate
169 113
212 500
-
-
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.

32 131
40 375
-
-
total
32 131
40 375
-
-
Dividends
136 981
172 125
-
-
withholding
30 087
41 509
-
-
total
30 087
41 509
-
-
Income
212 500
212 500
212 500
212 500
Total tax
77 384
81 884
96 295
77 496
After tax
135 116
130 616
116 205
135 004
Living cost
28 221
28 221
28 221
28 221
Free-cash
106 895
102 395
87 984
106 783

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
₽77041
₽64057
₽70512
₽80616
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
-
-
-
212 500
municipal
-
-
-
1 559
regional
-
-
-
5 503
social contributions
-
-
-
39 341
national
-
-
-
64 271
total
-
-
-
110 674
Employee
66 236
-
212 500
-
social contributions
22 335
-
51 577
-
regional
1 000
-
5 096
-
national
11 193
-
59 008
-
municipal
395
-
1 448
-
total
34 923
-
117 129
-
Employer
66 236
-
212 500
-
total
-
-
-
-
Corporate
146 264
212 500
-
-
nationa
35 103
51 000
-
-
municipal
7 050
10 243
-
-
total
42 153
61 243
-
-
Dividends
104 111
151 257
-
-
withholding
27 069
39 327
-
-
total
27 069
39 327
-
-
Income
212 500
212 500
212 500
212 500
Total tax
104 145
100 570
117 129
110 674
After tax
108 355
111 930
95 371
101 826
Living cost
31 314
31 314
31 314
31 314
Free-cash
77 041
80 616
64 057
70 512

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
₽14636
₽101383
₽128197
₽426
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
-
-
-
212 500
pensions
-
-
-
3 175
income
-
-
-
62 201
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
67 516
Employee
26 407
-
196 017
-
health
3 024
-
22 444
-
pensions
2 974
-
5 822
-
income
3 623
-
49 582
-
total
9 621
-
77 848
-
Employer
26 407
-
196 017
-
pensions
4 294
-
8 407
-
accident
441
-
3 273
-
unemployment
647
-
4 802
-
total
5 382
-
16 482
-
Corporate
180 711
212 500
-
-
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.

162 640
191 250
-
-
total
162 640
191 250
-
-
Dividends
18 071
21 250
-
-
withholding
3 434
4 037
-
-
total
3 434
4 037
-
-
Income
212 500
212 500
212 500
212 500
Total tax
181 077
195 287
94 330
67 516
After tax
31 423
17 213
118 170
144 984
Living cost
16 787
16 787
16 787
16 787
Free-cash
14 636
426
101 383
128 197

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
₽89178
₽98821
₽73572
₽78893
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.

-
-
-
212 500
trade
-
-
-
25 249
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.

-
-
-
73 897
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.

-
-
-
4 065
total
-
-
-
108 581
Employee

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

39 110
-
212 500
-
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
-
73 897
-
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
-
4 065
-
total
8 764
-
83 332
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 390
212 500
-
-
income
26 008
31 875
-
-
trade
24 881
30 494
-
-
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.

1 430
1 753
-
-
chamber of commerce
373
431
-
-
total
52 692
64 553
-
-
Dividends
120 697
147 947
-
-
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.

1 644
2 018
-
-
withholding
29 875
36 689
-
-
total
31 519
38 707
-
-
Income
212 500
212 500
212 500
212 500
Total tax
92 975
103 260
83 332
108 581
After tax
119 525
109 240
129 168
103 919
Living cost
30 347
30 347
30 347
30 347
Free-cash
89 178
78 893
98 821
73 572

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
₽147199
₽77914
₽63340
₽153647
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.

-
-
-
212 500
income
-
-
-
48 504
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
-
-
-
54 187
total
-
-
-
132 807
Employee
22 968
-
171 111
-
income
4 089
-
41 729
-
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
-
-
24 811
-
total
6 616
-
76 844
-
Employer
22 968
-
171 111
-
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
-
-
18 822
-
total
5 533
-
41 389
-
Corporate
183 999
212 500
-
-
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%.

36 799
42 500
-
-
total
36 799
42 500
-
-
Dividends

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

147 200
170 000
-
-
total
-
-
-
-
Income
212 500
212 500
212 500
212 500
Total tax
48 948
42 500
118 233
132 807
After tax
163 552
170 000
94 267
79 693
Living cost
16 353
16 353
16 353
16 353
Free-cash
147 199
153 647
77 914
63 340

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
₽121221
₽121917
₽122614
₽122827
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
-
-
-
212 500
income
-
-
-
67 817
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
80 113
Employee
14 885
-
204 481
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
67 443
-
total
5 112
-
72 790
-
Employer
14 885
-
204 481
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
194 266
212 500
-
-
income
42 739
46 750
-
-
total
42 739
46 750
-
-
Dividends
151 528
165 750
-
-
withholding
30 306
33 150
-
-
total
30 306
33 150
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 506
79 900
80 810
80 113
After tax
130 994
132 600
131 690
132 387
Living cost
9 773
9 773
9 773
9 773
Free-cash
121 221
122 827
121 917
122 614

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
₽113508
₽77119
₽81924
₽116008
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
-
-
-
212 500
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
71 713
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
12 599
total
-
-
-
112 921
Employee
26 471
-
190 418
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
67 011
-
other
-
-
-
-
surtax
94
-
11 659
-
total
8 816
-
95 644
-
Employer
26 471
-
190 418
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
180 456
212 500
-
-
income
46 918
55 249
-
-
total
46 918
55 249
-
-
Dividends
133 538
157 251
-
-
withholding
20 030
23 588
-
-
total
20 030
23 588
-
-
Income
212 500
212 500
212 500
212 500
Total tax
81 337
78 837
117 726
112 921
After tax
131 163
133 663
94 774
99 579
Living cost
17 655
17 655
17 655
17 655
Free-cash
113 508
116 008
77 119
81 924

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
₽91487
₽29722
₽83359
₽91877
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
-
-
-
212 500
pensions
-
-
-
16 988