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
₽ 217500
per

Your estimated
City
free-cash

Valencia , Spain
₽119009
₽96331
₽99621
₽122468
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
-
-
-
217 500
unemployment
-
-
-
509
income
-
-
-
74 536
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
96 328
Employee
28 978
-
194 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
71 846
-
other
28
-
73
-
total
7 426
-
76 460
-
Employer
28 978
-
194 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
179 283
217 500
-
-
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.

26 892
32 625
-
-
total
26 892
32 625
-
-
Dividends
152 391
184 875
-
-
withholding
33 384
40 856
-
-
total
33 384
40 856
-
-
Income
217 500
217 500
217 500
217 500
Total tax
76 940
73 481
99 618
96 328
After tax
140 560
144 019
117 882
121 172
Living cost
21 551
21 551
21 551
21 551
Free-cash
119 009
122 468
96 331
99 621

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽133620
₽114226
₽115930
₽138916
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
-
-
-
217 500
pensions

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

-
-
-
28 602
income
-
-
-
41 181
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
80 687
Employee
28 456
-
186 926
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
40 615
-
total
7 573
-
51 817
-
Employer
28 456
-
186 926
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
1 495
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 574
-
Corporate
181 873
217 500
-
-
income
38 194
45 674
-
-
total
38 194
45 674
-
-
Dividends
143 680
171 826
-
-
withholding
10 058
12 027
-
-
total
10 058
12 027
-
-
Income
217 500
217 500
217 500
217 500
Total tax
62 997
57 701
82 391
80 687
After tax
154 503
159 799
135 109
136 813
Living cost
20 883
20 883
20 883
20 883
Free-cash
133 620
138 916
114 226
115 930

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽172052
₽176686
₽167298
₽175693
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
-
-
-
217 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
32 625
health
-
-
-
3 147
total
-
-
-
39 931
Employee
13 600
-
212 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
21 213
-
total
3 330
-
25 176
-
Employer
13 600
-
212 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
201 232
217 500
-
-
income
20 123
21 750
-
-
total
20 123
21 750
-
-
Dividends
181 109
195 750
-
-
withholding
9 055
9 787
-
-
total
9 055
9 787
-
-
Income
217 500
217 500
217 500
217 500
Total tax
35 177
31 537
30 544
39 931
After tax
182 323
185 963
186 956
177 569
Living cost
10 270
10 270
10 270
10 270
Free-cash
172 052
175 693
176 686
167 298

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽87436
₽79651
₽88637
₽82807
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
-
-
-
217 500
income
-
-
-
46 225
other
-
-
-
6 743
health
-
-
-
11 676
social contributions
-
-
-
6 196
pensions
-
-
-
31 210
surtax
-
-
-
-
total
-
-
-
102 050
Employee
33 541
-
164 103
-
pensions
3 792
-
13 165
-
income
1 980
-
39 798
-
social contributions
956
-
4 676
-
surtax
-
-
-
-
total
6 728
-
57 639
-
Employer
33 541
-
164 103
-
health
2 348
-
17 260
-
social contributions
101
-
492
-
pensions
5 510
-
21 849
-
unemployment
1 358
-
6 646
-
other
1 157
-
7 150
-
total
10 474
-
53 397
-
Corporate
173 484
217 500
-
-
income
48 576
60 901
-
-
surtax
-
-
-
-
total
48 576
60 901
-
-
Dividends
124 908
156 599
-
-
social contributions
21 485
26 934
-
-
surtax
-
-
-
-
withholding
15 988
20 045
-
-
total
37 473
46 979
-
-
Income
217 500
217 500
217 500
217 500
Total tax
103 251
107 880
111 036
102 050
After tax
114 249
109 620
106 464
115 450
Living cost
26 813
26 813
26 813
26 813
Free-cash
87 436
82 807
79 651
88 637

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽71235
₽106197
₽81719
₽76037
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
-
-
-
217 500
pensions
-
-
-
9 182
income
-
-
-
84 104
health
-
-
-
9 664
total
-
-
-
102 950
Employee
66 925
66 925
202 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
45 061
-
total
33 274
28 874
63 907
-
Employer
66 925
66 925
202 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
139 676
138 855
-
-
income
27 935
27 771
-
-
total
27 935
27 771
-
-
Dividends
111 742
111 084
-
-
income
23 745
23 605
-
-
withholding
16 761
16 663
-
-
total
40 506
40 268
-
-
Income
217 500
217 500
217 500
217 500
Total tax
113 434
108 632
78 472
102 950
After tax
104 066
108 868
139 028
114 550
Living cost
32 831
32 831
32 831
32 831
Free-cash
71 235
76 037
106 197
81 719

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽94499
₽108184
₽79666
₽85830
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.

-
-
-
217 500
trade
-
-
-
28 518
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.

-
-
-
76 042
health

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

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

-
-
-
5 354
surtax

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

-
-
-
4 182
total
-
-
-
114 096
Employee

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

29 975
-
217 500
-
health

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

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

5 354
-
5 354
-
income

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

837
-
76 042
-
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
-
4 182
-
total
6 237
-
85 578
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 525
217 500
-
-
income
28 129
32 625
-
-
trade
29 535
34 257
-
-
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.

1 547
1 795
-
-
chamber of commerce
388
431
-
-
total
59 599
69 108
-
-
Dividends
127 926
148 391
-
-
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.

1 743
2 024
-
-
withholding
31 684
36 800
-
-
total
33 427
38 824
-
-
Income
217 500
217 500
217 500
217 500
Total tax
99 263
107 932
85 578
114 096
After tax
118 237
109 568
131 922
103 404
Living cost
23 738
23 738
23 738
23 738
Free-cash
94 499
85 830
108 184
79 666

Estimated living cost  is ₽23738 per week

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

Additional information

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

Larnaca , Cyprus
₽136000
₽124841
₽126537
₽140264
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
-
-
-
217 500
income
-
-
-
54 592
health
-
-
-
5 546
social contributions
-
-
-
12 680
total
-
-
-
72 818
Employee
60 263
60 263
206 926
-
health
467
1 025
3 517
-
income
6 562
5 579
53 677
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
63 940
-
Employer
60 263
60 263
206 926
-
health
507
1 115
3 828
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 574
-
Corporate
187 262
151 120
-
-
income
23 407
18 889
-
-
total
23 407
18 889
-
-
Dividends
163 855
132 230
-
-
withholding
27 856
22 479
-
-
total
27 856
22 479
-
-
Income
217 500
217 500
217 500
217 500
Total tax
63 355
59 091
74 514
72 818
After tax
154 145
158 409
142 986
144 682
Living cost
18 145
18 145
18 145
18 145
Free-cash
136 000
140 264
124 841
126 537

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽98344
₽68281
₽86800
₽99132
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.

-
-
-
217 500
income
-
-
-
30 537
social contributions

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

-
-
-
75 581
surtax
-
-
-
-
total
-
-
-
106 118
Employee
36 044
-
175 758
-
income
7 497
-
62 626
-
social contributions
3 965
-
19 334
-
surtax
-
-
935
-
total
11 462
-
82 895
-
Employer
36 044
-
175 758
-
social contributions
8 560
-
41 742
-
total
8 560
-
41 742
-
Corporate
172 895
217 500
-
-
income
36 308
45 674
-
-
surtax
-
-
-
-
total
36 308
45 674
-
-
Dividends
136 587
171 826
-
-
withholding
38 244
48 112
-
-
total
38 244
48 112
-
-
Income
217 500
217 500
217 500
217 500
Total tax
94 574
93 786
124 637
106 118
After tax
122 926
123 714
92 863
111 382
Living cost
24 582
24 582
24 582
24 582
Free-cash
98 344
99 132
68 281
86 800

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽199413
₽167926
₽209251
₽200551
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%.

-
-
-
217 500
microenterprise

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

-
-
-
2 175
total
-
-
-
2 175
Employee
7 592
-
217 500
-
income
1 518
-
43 500
-
total
1 518
-
43 500
-
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%.

209 908
217 500
-
-
total
-
-
-
-
Dividends
209 908
217 500
-
-
withholding
10 495
10 875
-
-
total
10 495
10 875
-
-
Income
217 500
217 500
217 500
217 500
Total tax
12 013
10 875
43 500
2 175
After tax
205 487
206 625
174 000
215 325
Living cost
6 074
6 074
6 074
6 074
Free-cash
199 413
200 551
167 926
209 251

Estimated living cost  is ₽6074 per week

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

Additional information

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

Ljubljana , Slovenia
₽122173
₽70888
₽75611
₽128726
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.

-
-
-
217 500
pensions
-
-
-
39 721
unemployment
-
-
-
326
income
-
-
-
59 420
health
-
-
-
21 401
total
-
-
-
120 868
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
188 197
-
health
2 238
-
12 158
-
unemployment
49
-
263
-
pensions
5 372
-
29 171
-
income
5 976
-
54 697
-
total
13 635
-
96 289
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
188 197
-
health
2 308
-
12 534
-
pensions
3 067
-
16 655
-
unemployment
21
-
113
-
total
5 396
-
29 302
-
Corporate
177 449
217 500
-
-
income
33 715
41 326
-
-
total
33 715
41 326
-
-
Dividends
143 733
176 174
-
-
withholding
21 560
26 427
-
-
total
21 560
26 427
-
-
Income
217 500
217 500
217 500
217 500
Total tax
74 306
67 753
125 591
120 868
After tax
143 194
149 747
91 909
96 632
Living cost
21 021
21 021
21 021
21 021
Free-cash
122 173
128 726
70 888
75 611

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽111525
₽121349
₽151471
₽108786
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.

-
-
-
217 500
income
-
-
-
32 625
health

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

-
-
-
4 955
total
-
-
-
37 580
Employee
35 952
-
213 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
60 492
-
total
7 503
-
64 097
-
Employer
35 952
-
213 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
177 946
217 500
-
-
income
62 281
76 125
-
-
total
62 281
76 125
-
-
Dividends
115 665
141 375
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
217 500
217 500
217 500
217 500
Total tax
77 526
80 265
67 702
37 580
After tax
139 974
137 235
149 798
179 920
Living cost
28 449
28 449
28 449
28 449
Free-cash
111 525
108 786
121 349
151 471

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽116482
₽62990
₽123060
₽116075
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
-
-
-
217 500
income
-
-
-
32 625
health
-
-
-
15 182
social contributions
-
-
-
30 015
total
-
-
-
77 822
Employee
26 572
-
217 500
-
health
1 855
-
15 182
-
income
4 432
-
92 695
-
social contributions
3 668
-
30 015
-
total
9 955
-
137 892
-
Employer
26 572
-
217 500
-
total
-
-
-
-
Corporate
190 928
217 500
-
-
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%.

9 547
10 875
-
-
total
9 547
10 875
-
-
Dividends
181 381
206 625
-
-
social contributions
25 030
28 515
-
-
withholding
27 207
30 994
-
-
health
12 661
14 423
-
-
total
64 898
73 932
-
-
Income
217 500
217 500
217 500
217 500
Total tax
84 400
84 807
137 892
77 822
After tax
133 100
132 693
79 608
139 678
Living cost
16 618
16 618
16 618
16 618
Free-cash
116 482
116 075
62 990
123 060

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽119987
₽100811
₽110971
₽127812
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
-
-
-
217 500
income
-
-
-
24 378
health
-
-
-
29 362
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
5 235
total
-
-
-
84 592
Employee
32 261
-
179 420
-
health
4 355
-
24 222
-
solidarity contribution
-
-
4 324
-
income
3 871
-
22 424
-
social contributions
2 097
-
5 702
-
total
10 323
-
56 672
-
Employer
32 261
-
179 420
-
health
2 903
-
16 148
-
social contributions
8 065
-
21 932
-
total
10 968
-
38 080
-
Corporate
174 271
217 500
-
-
income
33 111
41 325
-
-
total
33 111
41 325
-
-
Dividends
141 159
176 175
-
-
withholding
21 174
26 426
-
-
total
21 174
26 426
-
-
Income
217 500
217 500
217 500
217 500
Total tax
75 576
67 751
94 752
84 592
After tax
141 924
149 749
122 748
132 908
Living cost
21 937
21 937
21 937
21 937
Free-cash
119 987
127 812
100 811
110 971

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽195386
₽164535
₽205860
₽197160
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%.

-
-
-
217 500
microenterprise

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

-
-
-
2 175
total
-
-
-
2 175
Employee
11 832
-
217 500
-
income
2 366
-
43 500
-
total
2 366
-
43 500
-
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%.

205 668
217 500
-
-
total
-
-
-
-
Dividends
205 668
217 500
-
-
withholding
10 283
10 875
-
-
total
10 283
10 875
-
-
Income
217 500
217 500
217 500
217 500
Total tax
12 649
10 875
43 500
2 175
After tax
204 851
206 625
174 000
215 325
Living cost
9 465
9 465
9 465
9 465
Free-cash
195 386
197 160
164 535
205 860

Estimated living cost  is ₽9465 per week

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

Additional information

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

Paris , France
₽77157
₽68612
₽77598
₽71768
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
-
-
-
217 500
income
-
-
-
46 225
other
-
-
-
6 743
health
-
-
-
11 676
social contributions
-
-
-
6 196
pensions
-
-
-
31 210
surtax
-
-
-
-
total
-
-
-
102 050
Employee
49 085
-
164 103
-
pensions
5 552
-
13 165
-
income
4 283
-
39 798
-
social contributions
1 398
-
4 676
-
surtax
-
-
-
-
total
11 233
-
57 639
-
Employer
49 085
-
164 103
-
health
3 435
-
17 260
-
social contributions
147
-
492
-
pensions
8 065
-
21 849
-
unemployment
1 988
-
6 646
-
other
1 694
-
7 150
-
total
15 329
-
53 397
-
Corporate
153 085
217 500
-
-
income
42 863
60 901
-
-
surtax
-
-
-
-
total
42 863
60 901
-
-
Dividends
110 221
156 599
-
-
social contributions
18 958
26 934
-
-
surtax
-
-
-
-
withholding
14 108
20 045
-
-
total
33 066
46 979
-
-
Income
217 500
217 500
217 500
217 500
Total tax
102 491
107 880
111 036
102 050
After tax
115 009
109 620
106 464
115 450
Living cost
37 852
37 852
37 852
37 852
Free-cash
77 157
71 768
68 612
77 598

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽139787
₽131050
₽131050
₽143632
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.

-
-
-
217 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
51 111
health
-
-
-
5 948
total
-
-
-
72 938
Employee

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

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

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

20 376
-
207 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
51 111
-
total
6 864
-
62 602
-
Employer

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

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

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

20 376
-
207 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
193 477
217 500
-
-
income
29 022
32 625
-
-
total
29 022
32 625
-
-
Dividends
164 456
184 875
-
-
withholding
24 668
27 731
-
-
total
24 668
27 731
-
-
Income
217 500
217 500
217 500
217 500
Total tax
64 201
60 356
72 938
72 938
After tax
153 299
157 144
144 562
144 562
Living cost
13 512
13 512
13 512
13 512
Free-cash
139 787
143 632
131 050
131 050

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽68969
₽109149
₽114211
₽46167
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
-
-
-
217 500
pensions
-
-
-
20 010
city
-
-
-
2 297
other

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

-
-
-
4 057
health
-
-
-
490
regional
-
-
-
14 194
national
-
-
-
8 952
total
-
-
-
50 000
Employee
62 361
-
197 226
-
health
141
-
443
-
unemployment
-
-
-
-
city
669
-
2 153
-
pensions
5 239
-
13 717
-
regional
2 042
-
12 945
-
national
295
-
7 700
-
total
8 386
-
36 958
-
Employer
62 361
-
197 226
-
health
141
-
443
-
pensions
5 239
-
13 717
-
unemployment
-
-
-
-
other

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

1 247
-
3 944
-
total
6 627
-
18 104
-
Corporate
147 826
217 500
-
-
regional
31 265
46 002
-
-
national
12 566
18 488
-
-
total
43 831
64 490
-
-
Dividends
103 995
153 010
-
-
withholding
36 398
53 554
-
-
total
36 398
53 554
-
-
Income
217 500
217 500
217 500
217 500
Total tax
95 242
118 044
55 062
50 000
After tax
122 258
99 456
162 438
167 500
Living cost
53 289
53 289
53 289
53 289
Free-cash
68 969
46 167
109 149
114 211

Estimated living cost  is ₽53289 per week

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

Additional information

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

Helsinki , Finland
₽103684
₽73739
₽98653
₽99533
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

-
-
-
217 500
municipal
-
-
-
38 605
health
-
-
-
3 022
national
-
-
-
47 131
total
-
-
-
88 758
Employee
41 232
-
182 972
-
health
308
-
2 491
-
unemployment
619
-
2 744
-
pensions
2 783
-
12 350
-
national
681
-
31 790
-
municipal
6 754
-
29 770
-
total
11 145
-
79 145
-
Employer
41 232
-
182 972
-
health
317
-
1 408
-
pensions
7 154
-
31 746
-
accident
42
-
183
-
unemployment
268
-
1 190
-
total
7 781
-
34 527
-
Corporate
168 488
217 500
-
-
income
33 698
43 500
-
-
total
33 698
43 500
-
-
Dividends

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

101 093
130 500
-
-
municipal
18 196
23 489
-
-
national
12 907
20 889
-
-
total
31 103
44 378
-
-
Income
217 500
217 500
217 500
217 500
Total tax
83 727
87 878
113 672
88 758
After tax
133 773
129 622
103 828
128 742
Living cost
30 089
30 089
30 089
30 089
Free-cash
103 684
99 533
73 739
98 653

Estimated living cost  is ₽30089 per week

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

Additional information

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

Brussels , Belgium
₽81148
₽43567
₽66233
₽88482
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
-
-
-
217 500
communal

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

-
-
-
11 877
social contributions
-
-
-
19 539
national
-
-
-
91 276
total
-
-
-
122 692
Employee

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

56 059
-
168 459
-
health

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

2 634
-
7 918
-
communal

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

2 924
-
8 787
-
unemployment

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

488
-
1 465
-
pensions

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

4 204
-
12 634
-
national
17 235
-
65 515
-
total
27 485
-
96 319
-
Employer

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

56 059
-
168 459
-
health

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

3 447
-
10 360
-
pensions

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

4 967
-
14 926
-
surtax
6 356
-
19 102
-
accident

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

729
-
2 191
-
unemployment

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

818
-
2 460
-
total
16 317
-
49 039
-
Corporate
145 123
217 500
-
-
income
29 025
49 690
-
-
surtax
580
993
-
-
total
29 605
50 683
-
-
Dividends
115 518
166 817
-
-
withholding

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

34 370
49 760
-
-
total
34 370
49 760
-
-
Income
217 500
217 500
217 500
217 500
Total tax
107 777
100 443
145 358
122 692
After tax
109 723
117 057
72 142
94 808
Living cost
28 575
28 575
28 575
28 575
Free-cash
81 148
88 482
43 567
66 233

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽83979
₽72693
₽73518
₽84743
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
-
-
-
217 500
unemployment
-
-
-
75
municipal
-
-
-
58 419
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
29 956
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
109 970
Employee
48 465
-
194 078
-
national
-
-
29 500
-
municipal
14 452
-
57 874
-
total
14 452
-
87 374
-
Employer
48 465
-
194 078
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
153 808
217 500
-
-
income
33 838
47 850
-
-
total
33 838
47 850
-
-
Dividends
119 970
169 650
-
-
withholding
35 991
50 895
-
-
total
35 991
50 895
-
-
Income
217 500
217 500
217 500
217 500
Total tax
99 509
98 745
110 795
109 970
After tax
117 991
118 755
106 705
107 530
Living cost
34 012
34 012
34 012
34 012
Free-cash
83 979
84 743
72 693
73 518

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽52694
₽168074
₽112433
₽94450
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
-
-
-
217 500
income
-
-
-
42 395
social contributions
-
-
-
24 795
total
-
-
-
67 190
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
86 612
217 500
-
-
income
19 055
47 850
-
-
total
19 055
47 850
-
-
Dividends
67 557
169 650
-
-
income
14 863
37 323
-
-
total
14 863
37 323
-
-
Income
217 500
217 500
217 500
217 500
Total tax
126 929
85 173
11 549
67 190
After tax
90 571
132 327
205 951
150 310
Living cost
37 877
37 877
37 877
37 877
Free-cash
52 694
94 450
168 074
112 433

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽129740
₽117567
₽119263
₽132990
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
-
-
-
217 500
income
-
-
-
54 592
health
-
-
-
5 546
social contributions
-
-
-
12 680
total
-
-
-
72 818
Employee
60 263
60 263
206 926
-
health
599
1 025
3 517
-
income
6 328
5 579
53 677
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
63 940
-
Employer
60 263
60 263
206 926
-
health
653
1 115
3 828
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 574
-
Corporate
178 643
151 120
-
-
income
22 331
18 889
-
-
total
22 331
18 889
-
-
Dividends
156 313
132 230
-
-
withholding
26 574
22 479
-
-
total
26 574
22 479
-
-
Income
217 500
217 500
217 500
217 500
Total tax
62 341
59 091
74 514
72 818
After tax
155 159
158 409
142 986
144 682
Living cost
25 419
25 419
25 419
25 419
Free-cash
129 740
132 990
117 567
119 263

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽109657
₽90558
₽109777
₽105170
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
-
-
-
217 500
income
-
-
-
71 090
pensions
-
-
-
8 497
total
-
-
-
79 587
Employee
38 621
-
189 221
-
health
504
-
2 416
-
pensions
2 948
-
9 836
-
income
7 033
-
58 275
-
total
10 485
-
70 527
-
Employer
38 621
-
189 221
-
health
734
-
3 595
-
pensions
3 902
-
24 684
-
total
4 636
-
28 279
-
Corporate
174 243
217 500
-
-
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.

33 105
41 325
-
-
total
33 105
41 325
-
-
Dividends
141 138
176 175
-
-
withholding
31 481
42 869
-
-
total
31 481
42 869
-
-
Income
217 500
217 500
217 500
217 500
Total tax
79 707
84 194
98 806
79 587
After tax
137 793
133 306
118 694
137 913
Living cost
28 136
28 136
28 136
28 136
Free-cash
109 657
105 170
90 558
109 777

Estimated living cost  is ₽28136 per week

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

Additional information

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

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

Rome , Italy
₽79778
₽66836
₽73274
₽83344
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
-
-
-
217 500
municipal
-
-
-
1 605
regional
-
-
-
5 675
social contributions
-
-
-
39 224
national
-
-
-
66 501
total
-
-
-
113 005
Employee
66 040
-
217 500
-
social contributions
22 268
-
51 424
-
regional
997
-
5 269
-
national
11 160
-
61 255
-
municipal
394
-
1 495
-
total
34 819
-
119 443
-
Employer
66 040
-
217 500
-
total
-
-
-
-
Corporate
151 460
217 500
-
-
nationa
36 351
52 200
-
-
municipal
7 301
10 483
-
-
total
43 652
62 683
-
-
Dividends
107 808
154 816
-
-
withholding
28 030
40 252
-
-
total
28 030
40 252
-
-
Income
217 500
217 500
217 500
217 500
Total tax
106 501
102 935
119 443
113 005
After tax
110 999
114 565
98 057
104 495
Living cost
31 221
31 221
31 221
31 221
Free-cash
79 778
83 344
66 836
73 274

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽15049
₽104338
₽131646
₽880
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
-
-
-
217 500
pensions
-
-
-
3 165
income
-
-
-
63 819
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
69 117
Employee
26 328
-
200 844
-
health
3 015
-
22 997
-
pensions
2 965
-
5 804
-
income
3 612
-
50 968
-
total
9 592
-
79 769
-
Employer
26 328
-
200 844
-
pensions
4 281
-
8 381
-
accident
440
-
3 354
-
unemployment
645
-
4 921
-
total
5 366
-
16 656
-
Corporate
185 807
217 500
-
-
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.

167 226
195 750
-
-
total
167 226
195 750
-
-
Dividends
18 581
21 750
-
-
withholding
3 530
4 133
-
-
total
3 530
4 133
-
-
Income
217 500
217 500
217 500
217 500
Total tax
185 714
199 883
96 425
69 117
After tax
31 786
17 617
121 075
148 383
Living cost
16 737
16 737
16 737
16 737
Free-cash
15 049
880
104 338
131 646

Estimated living cost  is ₽16737 per week

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

Additional information

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

Berlin , Germany
₽91801
₽101665
₽75683
₽81549
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.

-
-
-
217 500
trade
-
-
-
25 982
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.

-
-
-
76 042
health

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

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

-
-
-
5 354
surtax

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

-
-
-
4 182
total
-
-
-
111 560
Employee

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

38 994
-
217 500
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
76 042
-
surtax

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

177
-
4 182
-
total
8 737
-
85 578
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 506
217 500
-
-
income
26 776
32 625
-
-
trade
25 616
31 211
-
-
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
1 795
-
-
chamber of commerce
381
437
-
-
total
54 245
66 068
-
-
Dividends
124 261
151 431
-
-
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.

1 692
2 066
-
-
withholding
30 768
37 560
-
-
total
32 460
39 626
-
-
Income
217 500
217 500
217 500
217 500
Total tax
95 442
105 694
85 578
111 560
After tax
122 058
111 806
131 922
105 940
Living cost
30 257
30 257
30 257
30 257
Free-cash
91 801
81 549
101 665
75 683

Estimated living cost  is ₽30257 per week

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

Additional information

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

Riga , Latvia
₽151268
₽80427
₽65578
₽157696
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.

-
-
-
217 500
income
-
-
-
50 128
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
55 463
total
-
-
-
135 618
Employee
22 900
-
175 675
-
income
4 076
-
43 198
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
25 473
-
total
6 595
-
78 945
-
Employer
22 900
-
175 675
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
19 324
-
total
5 516
-
41 824
-
Corporate
189 084
217 500
-
-
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%.

37 817
43 500
-
-
total
37 817
43 500
-
-
Dividends

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

151 266
174 000
-
-
total
-
-
-
-
Income
217 500
217 500
217 500
217 500
Total tax
49 928
43 500
120 769
135 618
After tax
167 572
174 000
96 731
81 882
Living cost
16 304
16 304
16 304
16 304
Free-cash
151 268
157 696
80 427
65 578

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽124376
₽125217
₽125911
₽125977
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
-
-
-
217 500
income
-
-
-
69 587
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
81 846
Employee
14 840
-
209 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
69 214
-
total
5 097
-
74 544
-
Employer
14 840
-
209 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
199 321
217 500
-
-
income
43 851
47 850
-
-
total
43 851
47 850
-
-
Dividends
155 471
169 650
-
-
withholding
31 094
33 930
-
-
total
31 094
33 930
-
-
Income
217 500
217 500
217 500
217 500
Total tax
83 381
81 780
82 540
81 846
After tax
134 119
135 720
134 960
135 654
Living cost
9 743
9 743
9 743
9 743
Free-cash
124 376
125 977
125 217
125 911

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽116710
₽79478
₽84272
₽119205
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
-
-
-
217 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
74 034
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
13 068
total
-
-
-
115 625
Employee
26 392
-
195 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
69 347
-
other
-
-
-
-
surtax
94
-
12 131
-
total
8 791
-
98 402
-
Employer
26 392
-
195 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
185 551
217 500
-
-
income
48 243
56 550
-
-
total
48 243
56 550
-
-
Dividends
137 309
160 950
-
-
withholding
20 597
24 142
-
-
total
20 597
24 142
-
-
Income
217 500
217 500
217 500
217 500
Total tax
83 187
80 692
120 419
115 625
After tax
134 313
136 808
97 081
101 875
Living cost
17 603
17 603
17 603
17 603
Free-cash
116 710
119 205
79 478
84 272

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽94277
₽30943
₽85903
₽94665
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
-
-
-
217 500
pensions
-
-
-
16 938