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
₽ 220500
per

Your estimated
City
free-cash

Valencia , Spain
₽120971
₽97981
₽101270
₽124433
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
-
-
-
220 500
unemployment
-
-
-
509
income
-
-
-
75 887
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
97 679
Employee
28 978
-
197 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
73 196
-
other
28
-
73
-
total
7 426
-
77 810
-
Employer
28 978
-
197 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
182 283
220 500
-
-
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.

27 343
33 074
-
-
total
27 343
33 074
-
-
Dividends
154 940
187 426
-
-
withholding
33 971
41 442
-
-
total
33 971
41 442
-
-
Income
220 500
220 500
220 500
220 500
Total tax
77 978
74 516
100 968
97 679
After tax
142 522
145 984
119 532
122 821
Living cost
21 551
21 551
21 551
21 551
Free-cash
120 971
124 433
97 981
101 270

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
₽135826
₽116458
₽118179
₽141118
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
-
-
-
220 500
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
-
-
-
41 932
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
81 438
Employee
28 456
-
189 902
-
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
-
41 358
-
total
7 573
-
52 560
-
Employer
28 456
-
189 902
-
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
-
1 520
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 599
-
Corporate
184 873
220 500
-
-
income
38 823
46 305
-
-
total
38 823
46 305
-
-
Dividends
146 050
174 195
-
-
withholding
10 223
12 194
-
-
total
10 223
12 194
-
-
Income
220 500
220 500
220 500
220 500
Total tax
63 791
58 499
83 159
81 438
After tax
156 709
162 001
137 341
139 062
Living cost
20 883
20 883
20 883
20 883
Free-cash
135 826
141 118
116 458
118 179

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
₽174617
₽179386
₽169848
₽178256
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
-
-
-
220 500
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
-
-
-
33 075
health
-
-
-
3 147
total
-
-
-
40 381
Employee
13 600
-
215 132
-
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
-
21 513
-
total
3 330
-
25 476
-
Employer
13 600
-
215 132
-
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
204 232
220 500
-
-
income
20 423
22 050
-
-
total
20 423
22 050
-
-
Dividends
183 808
198 450
-
-
withholding
9 191
9 923
-
-
total
9 191
9 923
-
-
Income
220 500
220 500
220 500
220 500
Total tax
35 613
31 973
30 844
40 381
After tax
184 887
188 527
189 656
180 119
Living cost
10 270
10 270
10 270
10 270
Free-cash
174 617
178 256
179 386
169 848

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
₽88950
₽80753
₽90019
₽84320
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
-
-
-
220 500
income
-
-
-
47 195
other
-
-
-
6 835
health
-
-
-
11 898
social contributions
-
-
-
6 282
pensions
-
-
-
31 458
surtax
-
-
-
-
total
-
-
-
103 668
Employee
33 541
-
166 258
-
pensions
3 792
-
13 384
-
income
1 980
-
40 571
-
social contributions
956
-
4 737
-
surtax
-
-
-
-
total
6 728
-
58 692
-
Employer
33 541
-
166 258
-
health
2 348
-
17 541
-
social contributions
101
-
498
-
pensions
5 510
-
22 206
-
unemployment
1 358
-
6 734
-
other
1 157
-
7 263
-
total
10 474
-
54 242
-
Corporate
176 484
220 500
-
-
income
49 416
61 739
-
-
surtax
-
-
-
-
total
49 416
61 739
-
-
Dividends
127 068
158 761
-
-
social contributions
21 855
27 307
-
-
surtax
-
-
-
-
withholding
16 264
20 321
-
-
total
38 119
47 628
-
-
Income
220 500
220 500
220 500
220 500
Total tax
104 737
109 367
112 934
103 668
After tax
115 763
111 133
107 566
116 832
Living cost
26 813
26 813
26 813
26 813
Free-cash
88 950
84 320
80 753
90 019

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
₽72765
₽108110
₽83167
₽77568
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
-
-
-
220 500
pensions
-
-
-
9 182
income
-
-
-
85 656
health
-
-
-
9 664
total
-
-
-
104 502
Employee
66 925
66 925
205 936
-
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
46 148
-
total
33 274
28 874
64 994
-
Employer
66 925
66 925
205 936
-
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
142 676
141 855
-
-
income
28 535
28 370
-
-
total
28 535
28 370
-
-
Dividends
114 141
113 485
-
-
income
24 255
24 115
-
-
withholding
17 121
17 023
-
-
total
41 376
41 138
-
-
Income
220 500
220 500
220 500
220 500
Total tax
114 904
110 101
79 559
104 502
After tax
105 596
110 399
140 941
115 998
Living cost
32 831
32 831
32 831
32 831
Free-cash
72 765
77 568
108 110
83 167

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
₽96006
₽109854
₽80863
₽87340
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.

-
-
-
220 500
trade
-
-
-
28 991
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.

-
-
-
77 302
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.

-
-
-
4 252
total
-
-
-
115 899
Employee

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

29 975
-
220 500
-
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
-
77 302
-
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
-
4 252
-
total
6 237
-
86 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 525
220 500
-
-
income
28 579
33 074
-
-
trade
30 008
34 728
-
-
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.

1 572
1 819
-
-
chamber of commerce
393
436
-
-
total
60 552
70 057
-
-
Dividends
129 974
150 443
-
-
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.

1 771
2 052
-
-
withholding
32 196
37 313
-
-
total
33 967
39 365
-
-
Income
220 500
220 500
220 500
220 500
Total tax
100 756
109 422
86 908
115 899
After tax
119 744
111 078
133 592
104 601
Living cost
23 738
23 738
23 738
23 738
Free-cash
96 006
87 340
109 854
80 863

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
₽138179
₽126722
₽128439
₽142440
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
-
-
-
220 500
income
-
-
-
55 613
health
-
-
-
5 623
social contributions
-
-
-
12 680
total
-
-
-
73 916
Employee
60 263
60 263
209 871
-
health
467
1 025
3 568
-
income
6 562
5 579
54 690
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
65 004
-
Employer
60 263
60 263
209 871
-
health
507
1 115
3 883
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 629
-
Corporate
190 262
154 120
-
-
income
23 782
19 266
-
-
total
23 782
19 266
-
-
Dividends
166 480
134 854
-
-
withholding
28 302
22 926
-
-
total
28 302
22 926
-
-
Income
220 500
220 500
220 500
220 500
Total tax
64 176
59 915
75 633
73 916
After tax
156 324
160 585
144 867
146 584
Living cost
18 145
18 145
18 145
18 145
Free-cash
138 179
142 440
126 722
128 439

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
₽100051
₽69347
₽88215
₽100838
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.

-
-
-
220 500
income
-
-
-
31 079
social contributions

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

-
-
-
76 624
surtax
-
-
-
-
total
-
-
-
107 703
Employee
36 044
-
178 182
-
income
7 497
-
63 663
-
social contributions
3 965
-
19 600
-
surtax
-
-
990
-
total
11 462
-
84 253
-
Employer
36 044
-
178 182
-
social contributions
8 560
-
42 318
-
total
8 560
-
42 318
-
Corporate
175 895
220 500
-
-
income
36 938
46 305
-
-
surtax
-
-
-
-
total
36 938
46 305
-
-
Dividends
138 957
174 195
-
-
withholding
38 907
48 775
-
-
total
38 907
48 775
-
-
Income
220 500
220 500
220 500
220 500
Total tax
95 867
95 080
126 571
107 703
After tax
124 633
125 420
93 929
112 797
Living cost
24 582
24 582
24 582
24 582
Free-cash
100 051
100 838
69 347
88 215

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
₽202263
₽170326
₽212221
₽203401
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%.

-
-
-
220 500
microenterprise

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

-
-
-
2 205
total
-
-
-
2 205
Employee
7 592
-
220 500
-
income
1 518
-
44 100
-
total
1 518
-
44 100
-
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%.

212 908
220 500
-
-
total
-
-
-
-
Dividends
212 908
220 500
-
-
withholding
10 645
11 025
-
-
total
10 645
11 025
-
-
Income
220 500
220 500
220 500
220 500
Total tax
12 163
11 025
44 100
2 205
After tax
208 337
209 475
176 400
218 295
Living cost
6 074
6 074
6 074
6 074
Free-cash
202 263
203 401
170 326
212 221

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
₽124238
₽71897
₽76687
₽130793
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.

-
-
-
220 500
pensions
-
-
-
40 268
unemployment
-
-
-
330
income
-
-
-
60 497
health
-
-
-
21 697
total
-
-
-
122 792
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
-
190 793
-
health
2 238
-
12 325
-
unemployment
49
-
268
-
pensions
5 372
-
29 574
-
income
5 976
-
55 708
-
total
13 635
-
97 875
-
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
-
190 793
-
health
2 308
-
12 707
-
pensions
3 067
-
16 885
-
unemployment
21
-
115
-
total
5 396
-
29 707
-
Corporate
180 449
220 500
-
-
income
34 285
41 895
-
-
total
34 285
41 895
-
-
Dividends
146 164
178 605
-
-
withholding
21 925
26 791
-
-
total
21 925
26 791
-
-
Income
220 500
220 500
220 500
220 500
Total tax
75 241
68 686
127 582
122 792
After tax
145 259
151 814
92 918
97 708
Living cost
21 021
21 021
21 021
21 021
Free-cash
124 238
130 793
71 897
76 687

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
₽113475
₽123299
₽154022
₽110736
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.

-
-
-
220 500
income
-
-
-
33 074
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
-
-
-
38 029
Employee
35 952
-
216 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
61 542
-
total
7 503
-
65 147
-
Employer
35 952
-
216 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
180 946
220 500
-
-
income
63 331
77 175
-
-
total
63 331
77 175
-
-
Dividends
117 615
143 325
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
220 500
220 500
220 500
220 500
Total tax
78 576
81 315
68 752
38 029
After tax
141 924
139 185
151 748
182 471
Living cost
28 449
28 449
28 449
28 449
Free-cash
113 475
110 736
123 299
154 022

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
₽118313
₽63957
₽124988
₽117908
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
-
-
-
220 500
income
-
-
-
33 074
health
-
-
-
15 391
social contributions
-
-
-
30 429
total
-
-
-
78 894
Employee
26 572
-
220 500
-
health
1 855
-
15 391
-
income
4 432
-
94 105
-
social contributions
3 668
-
30 429
-
total
9 955
-
139 925
-
Employer
26 572
-
220 500
-
total
-
-
-
-
Corporate
193 928
220 500
-
-
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%.

9 697
11 025
-
-
total
9 697
11 025
-
-
Dividends
184 231
209 475
-
-
social contributions
25 424
28 907
-
-
withholding
27 634
31 421
-
-
health
12 859
14 621
-
-
total
65 917
74 949
-
-
Income
220 500
220 500
220 500
220 500
Total tax
85 569
85 974
139 925
78 894
After tax
134 931
134 526
80 575
141 606
Living cost
16 618
16 618
16 618
16 618
Free-cash
118 313
117 908
63 957
124 988

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
₽122053
₽102670
₽112995
₽129877
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
-
-
-
220 500
income
-
-
-
24 767
health
-
-
-
29 767
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
5 417
total
-
-
-
85 568
Employee
32 261
-
182 172
-
health
4 355
-
24 593
-
solidarity contribution
-
-
4 490
-
income
3 871
-
22 781
-
social contributions
2 097
-
5 702
-
total
10 323
-
57 566
-
Employer
32 261
-
182 172
-
health
2 903
-
16 395
-
social contributions
8 065
-
21 932
-
total
10 968
-
38 327
-
Corporate
177 271
220 500
-
-
income
33 681
41 895
-
-
total
33 681
41 895
-
-
Dividends
143 589
178 605
-
-
withholding
21 538
26 791
-
-
total
21 538
26 791
-
-
Income
220 500
220 500
220 500
220 500
Total tax
76 510
68 686
95 893
85 568
After tax
143 990
151 814
124 607
134 932
Living cost
21 937
21 937
21 937
21 937
Free-cash
122 053
129 877
102 670
112 995

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
₽198236
₽166935
₽208830
₽200010
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%.

-
-
-
220 500
microenterprise

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

-
-
-
2 205
total
-
-
-
2 205
Employee
11 832
-
220 500
-
income
2 366
-
44 100
-
total
2 366
-
44 100
-
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%.

208 668
220 500
-
-
total
-
-
-
-
Dividends
208 668
220 500
-
-
withholding
10 433
11 025
-
-
total
10 433
11 025
-
-
Income
220 500
220 500
220 500
220 500
Total tax
12 799
11 025
44 100
2 205
After tax
207 701
209 475
176 400
218 295
Living cost
9 465
9 465
9 465
9 465
Free-cash
198 236
200 010
166 935
208 830

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
₽78668
₽69714
₽78980
₽73281
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
-
-
-
220 500
income
-
-
-
47 195
other
-
-
-
6 835
health
-
-
-
11 898
social contributions
-
-
-
6 282
pensions
-
-
-
31 458
surtax
-
-
-
-
total
-
-
-
103 668
Employee
49 085
-
166 258
-
pensions
5 552
-
13 384
-
income
4 283
-
40 571
-
social contributions
1 398
-
4 737
-
surtax
-
-
-
-
total
11 233
-
58 692
-
Employer
49 085
-
166 258
-
health
3 435
-
17 541
-
social contributions
147
-
498
-
pensions
8 065
-
22 206
-
unemployment
1 988
-
6 734
-
other
1 694
-
7 263
-
total
15 329
-
54 242
-
Corporate
156 085
220 500
-
-
income
43 704
61 739
-
-
surtax
-
-
-
-
total
43 704
61 739
-
-
Dividends
112 381
158 761
-
-
social contributions
19 330
27 307
-
-
surtax
-
-
-
-
withholding
14 384
20 321
-
-
total
33 714
47 628
-
-
Income
220 500
220 500
220 500
220 500
Total tax
103 980
109 367
112 934
103 668
After tax
116 520
111 133
107 566
116 832
Living cost
37 852
37 852
37 852
37 852
Free-cash
78 668
73 281
69 714
78 980

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
₽141954
₽133300
₽133300
₽145799
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.

-
-
-
220 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
51 861
health
-
-
-
5 948
total
-
-
-
73 688
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
-
210 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
51 861
-
total
6 864
-
63 352
-
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
-
210 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
196 477
220 500
-
-
income
29 472
33 075
-
-
total
29 472
33 075
-
-
Dividends
167 006
187 425
-
-
withholding
25 051
28 114
-
-
total
25 051
28 114
-
-
Income
220 500
220 500
220 500
220 500
Total tax
65 034
61 189
73 688
73 688
After tax
155 466
159 311
146 812
146 812
Living cost
13 512
13 512
13 512
13 512
Free-cash
141 954
145 799
133 300
133 300

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
₽70342
₽111290
₽116299
₽47541
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
-
-
-
220 500
pensions
-
-
-
20 286
city
-
-
-
2 328
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
-
-
-
495
regional
-
-
-
14 494
national
-
-
-
9 252
total
-
-
-
50 912
Employee
62 361
-
199 998
-
health
141
-
450
-
unemployment
-
-
-
-
city
669
-
2 183
-
pensions
5 239
-
13 852
-
regional
2 042
-
13 205
-
national
295
-
7 928
-
total
8 386
-
37 618
-
Employer
62 361
-
199 998
-
health
141
-
450
-
pensions
5 239
-
13 852
-
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
-
4 001
-
total
6 627
-
18 303
-
Corporate
150 826
220 500
-
-
regional
31 899
46 635
-
-
national
12 820
18 742
-
-
total
44 719
65 377
-
-
Dividends
106 107
155 122
-
-
withholding
37 137
54 293
-
-
total
37 137
54 293
-
-
Income
220 500
220 500
220 500
220 500
Total tax
96 869
119 670
55 921
50 912
After tax
123 631
100 830
164 579
169 588
Living cost
53 289
53 289
53 289
53 289
Free-cash
70 342
47 541
111 290
116 299

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
₽105378
₽74892
₽100151
₽101047
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

-
-
-
220 500
municipal
-
-
-
39 138
health
-
-
-
3 068
national
-
-
-
48 054
total
-
-
-
90 260
Employee
41 232
-
185 497
-
health
308
-
2 530
-
unemployment
619
-
2 783
-
pensions
2 783
-
12 521
-
national
681
-
32 502
-
municipal
6 754
-
30 179
-
total
11 145
-
80 515
-
Employer
41 232
-
185 497
-
health
317
-
1 428
-
pensions
7 154
-
32 184
-
accident
42
-
186
-
unemployment
268
-
1 206
-
total
7 781
-
35 004
-
Corporate
171 488
220 500
-
-
income
34 297
44 099
-
-
total
34 297
44 099
-
-
Dividends

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

102 893
132 301
-
-
municipal
18 520
23 814
-
-
national
13 290
21 451
-
-
total
31 810
45 265
-
-
Income
220 500
220 500
220 500
220 500
Total tax
85 033
89 364
115 519
90 260
After tax
135 467
131 136
104 981
130 240
Living cost
30 089
30 089
30 089
30 089
Free-cash
105 378
101 047
74 892
100 151

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
₽82820
₽44456
₽67554
₽89961
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
-
-
-
220 500
communal

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

-
-
-
12 057
social contributions
-
-
-
19 539
national
-
-
-
92 775
total
-
-
-
124 371
Employee

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

56 059
-
170 783
-
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
-
8 028
-
communal

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

2 924
-
8 907
-
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
-
1 486
-
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
-
12 808
-
national
17 235
-
66 525
-
total
27 485
-
97 754
-
Employer

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

56 059
-
170 783
-
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
-
10 504
-
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
-
15 131
-
surtax
6 356
-
19 367
-
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
-
2 219
-
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
-
2 494
-
total
16 317
-
49 715
-
Corporate
148 123
220 500
-
-
income
29 624
50 560
-
-
surtax
592
1 011
-
-
total
30 216
51 571
-
-
Dividends
117 907
168 929
-
-
withholding

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

35 087
50 393
-
-
total
35 087
50 393
-
-
Income
220 500
220 500
220 500
220 500
Total tax
109 105
101 964
147 469
124 371
After tax
111 395
118 536
73 031
96 129
Living cost
28 575
28 575
28 575
28 575
Free-cash
82 820
89 961
44 456
67 554

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
₽85616
₽74047
₽74873
₽86380
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
-
-
-
220 500
unemployment
-
-
-
75
municipal
-
-
-
59 313
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
30 706
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
111 614
Employee
48 465
-
197 078
-
national
-
-
30 250
-
municipal
14 452
-
58 769
-
total
14 452
-
89 019
-
Employer
48 465
-
197 078
-
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
156 808
220 500
-
-
income
34 498
48 510
-
-
total
34 498
48 510
-
-
Dividends
122 310
171 990
-
-
withholding
36 693
51 597
-
-
total
36 693
51 597
-
-
Income
220 500
220 500
220 500
220 500
Total tax
100 871
100 107
112 440
111 614
After tax
119 629
120 393
108 060
108 886
Living cost
34 012
34 012
34 012
34 012
Free-cash
85 616
86 380
74 047
74 873

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
₽54520
₽171074
₽114506
₽96275
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
-
-
-
220 500
income
-
-
-
42 980
social contributions
-
-
-
25 137
total
-
-
-
68 117
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
89 612
220 500
-
-
income
19 715
48 510
-
-
total
19 715
48 510
-
-
Dividends
69 897
171 990
-
-
income
15 377
37 838
-
-
total
15 377
37 838
-
-
Income
220 500
220 500
220 500
220 500
Total tax
128 103
86 348
11 549
68 117
After tax
92 397
134 152
208 951
152 383
Living cost
37 877
37 877
37 877
37 877
Free-cash
54 520
96 275
171 074
114 506

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
₽131919
₽119448
₽121165
₽135166
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
-
-
-
220 500
income
-
-
-
55 613
health
-
-
-
5 623
social contributions
-
-
-
12 680
total
-
-
-
73 916
Employee
60 263
60 263
209 871
-
health
599
1 025
3 568
-
income
6 328
5 579
54 690
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
65 004
-
Employer
60 263
60 263
209 871
-
health
653
1 115
3 883
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 629
-
Corporate
181 643
154 120
-
-
income
22 706
19 266
-
-
total
22 706
19 266
-
-
Dividends
158 938
134 854
-
-
withholding
27 020
22 926
-
-
total
27 020
22 926
-
-
Income
220 500
220 500
220 500
220 500
Total tax
63 162
59 915
75 633
73 916
After tax
157 338
160 585
144 867
146 584
Living cost
25 419
25 419
25 419
25 419
Free-cash
131 919
135 166
119 448
121 165

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
₽111296
₽92066
₽111540
₽106811
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
-
-
-
220 500
income
-
-
-
72 267
pensions
-
-
-
8 557
total
-
-
-
80 824
Employee
38 621
-
191 814
-
health
504
-
2 443
-
pensions
2 948
-
9 888
-
income
7 033
-
59 281
-
total
10 485
-
71 612
-
Employer
38 621
-
191 814
-
health
734
-
3 645
-
pensions
3 902
-
25 041
-
total
4 636
-
28 686
-
Corporate
177 243
220 500
-
-
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.

33 676
41 895
-
-
total
33 676
41 895
-
-
Dividends
143 567
178 605
-
-
withholding
32 271
43 658
-
-
total
32 271
43 658
-
-
Income
220 500
220 500
220 500
220 500
Total tax
81 068
85 553
100 298
80 824
After tax
139 432
134 947
120 202
139 676
Living cost
28 136
28 136
28 136
28 136
Free-cash
111 296
106 811
92 066
111 540

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
₽81358
₽68421
₽74859
₽84923
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
-
-
-
220 500
municipal
-
-
-
1 631
regional
-
-
-
5 774
social contributions
-
-
-
39 224
national
-
-
-
67 791
total
-
-
-
114 420
Employee
66 040
-
220 500
-
social contributions
22 268
-
51 424
-
regional
997
-
5 368
-
national
11 160
-
62 545
-
municipal
394
-
1 521
-
total
34 819
-
120 858
-
Employer
66 040
-
220 500
-
total
-
-
-
-
Corporate
154 460
220 500
-
-
nationa
37 071
52 920
-
-
municipal
7 445
10 628
-
-
total
44 516
63 548
-
-
Dividends
109 944
156 952
-
-
withholding
28 586
40 808
-
-
total
28 586
40 808
-
-
Income
220 500
220 500
220 500
220 500
Total tax
107 921
104 356
120 858
114 420
After tax
112 579
116 144
99 642
106 080
Living cost
31 221
31 221
31 221
31 221
Free-cash
81 358
84 923
68 421
74 859

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
₽15292
₽106074
₽133686
₽1123
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
-
-
-
220 500
pensions
-
-
-
3 165
income
-
-
-
64 779
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
70 077
Employee
26 328
-
203 725
-
health
3 015
-
23 326
-
pensions
2 965
-
5 804
-
income
3 612
-
51 785
-
total
9 592
-
80 915
-
Employer
26 328
-
203 725
-
pensions
4 281
-
8 381
-
accident
440
-
3 402
-
unemployment
645
-
4 991
-
total
5 366
-
16 774
-
Corporate
188 807
220 500
-
-
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.

169 926
198 450
-
-
total
169 926
198 450
-
-
Dividends
18 881
22 050
-
-
withholding
3 587
4 190
-
-
total
3 587
4 190
-
-
Income
220 500
220 500
220 500
220 500
Total tax
188 471
202 640
97 689
70 077
After tax
32 029
17 860
122 811
150 423
Living cost
16 737
16 737
16 737
16 737
Free-cash
15 292
1 123
106 074
133 686

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
₽93341
₽103335
₽76922
₽83089
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.

-
-
-
220 500
trade
-
-
-
26 413
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.

-
-
-
77 302
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.

-
-
-
4 252
total
-
-
-
113 321
Employee

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

38 994
-
220 500
-
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
-
77 302
-
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
-
4 252
-
total
8 737
-
86 908
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 506
220 500
-
-
income
27 225
33 074
-
-
trade
26 046
31 642
-
-
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.

1 498
1 819
-
-
chamber of commerce
385
442
-
-
total
55 154
66 977
-
-
Dividends
126 352
153 523
-
-
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.

1 721
2 094
-
-
withholding
31 290
38 083
-
-
total
33 011
40 177
-
-
Income
220 500
220 500
220 500
220 500
Total tax
96 902
107 154
86 908
113 321
After tax
123 598
113 346
133 592
107 179
Living cost
30 257
30 257
30 257
30 257
Free-cash
93 341
83 089
103 335
76 922

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
₽153668
₽81890
₽66870
₽160097
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.

-
-
-
220 500
income
-
-
-
51 071
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
-
-
-
56 228
total
-
-
-
137 326
Employee
22 900
-
178 379
-
income
4 076
-
44 047
-
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
-
-
25 864
-
total
6 595
-
80 185
-
Employer
22 900
-
178 379
-
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
-
-
19 621
-
total
5 516
-
42 121
-
Corporate
192 084
220 500
-
-
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%.

38 417
44 099
-
-
total
38 417
44 099
-
-
Dividends

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

153 667
176 401
-
-
total
-
-
-
-
Income
220 500
220 500
220 500
220 500
Total tax
50 528
44 099
122 306
137 326
After tax
169 972
176 401
98 194
83 174
Living cost
16 304
16 304
16 304
16 304
Free-cash
153 668
160 097
81 890
66 870

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
₽126248
₽127167
₽127861
₽127849
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
-
-
-
220 500
income
-
-
-
70 637
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
82 896
Employee
14 840
-
212 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
70 264
-
total
5 097
-
75 594
-
Employer
14 840
-
212 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
202 321
220 500
-
-
income
44 511
48 510
-
-
total
44 511
48 510
-
-
Dividends
157 811
171 990
-
-
withholding
31 562
34 398
-
-
total
31 562
34 398
-
-
Income
220 500
220 500
220 500
220 500
Total tax
84 509
82 908
83 590
82 896
After tax
135 991
137 592
136 910
137 604
Living cost
9 743
9 743
9 743
9 743
Free-cash
126 248
127 849
127 167
127 861

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
₽118596
₽80858
₽85654
₽121092
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
-
-
-
220 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
75 383
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
13 337
total
-
-
-
117 243
Employee
26 392
-
198 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
70 697
-
other
-
-
-
-
surtax
94
-
12 401
-
total
8 791
-
100 022
-
Employer
26 392
-
198 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
188 551
220 500
-
-
income
49 024
57 330
-
-
total
49 024
57 330
-
-
Dividends
139 528
163 170
-
-
withholding
20 930
24 475
-
-
total
20 930
24 475
-
-
Income
220 500
220 500
220 500
220 500
Total tax
84 301
81 805
122 039
117 243
After tax
136 199
138 695
98 461
103 257
Living cost
17 603
17 603
17 603
17 603
Free-cash
118 596
121 092
80 858
85 654

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
₽95907
₽31643
₽87392
₽96296
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
-
-
-
220 500
pensions
-
-
-
16 938