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
₽ 224500
per

Your estimated
City
free-cash

Valencia , Spain
₽123520
₽100113
₽103411
₽126991
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
-
-
-
224 500
unemployment
-
-
-
510
income
-
-
-
77 617
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
99 474
Employee
29 064
-
201 273
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
74 919
-
other
28
-
73
-
total
7 447
-
79 546
-
Employer
29 064
-
201 273
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
186 169
224 500
-
-
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.

27 925
33 676
-
-
total
27 925
33 676
-
-
Dividends
158 244
190 824
-
-
withholding
34 726
42 218
-
-
total
34 726
42 218
-
-
Income
224 500
224 500
224 500
224 500
Total tax
79 365
75 894
102 772
99 474
After tax
145 135
148 606
121 728
125 026
Living cost
21 615
21 615
21 615
21 615
Free-cash
123 520
126 991
100 113
103 411

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽138686
₽119292
₽121038
₽143995
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
-
-
-
224 500
pensions

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

-
-
-
28 687
income
-
-
-
42 893
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
82 517
Employee
28 540
-
193 785
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
pensions

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

1 997
-
8 367
-
income
4 914
-
42 311
-
total
7 596
-
53 547
-
Employer
28 540
-
193 785
-
health
400
-
1 674
-
pensions

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

4 852
-
20 321
-
accident
228
-
1 550
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 716
-
Corporate
188 767
224 500
-
-
income
39 641
47 145
-
-
total
39 641
47 145
-
-
Dividends
149 126
177 355
-
-
withholding
10 439
12 415
-
-
total
10 439
12 415
-
-
Income
224 500
224 500
224 500
224 500
Total tax
64 869
59 560
84 263
82 517
After tax
159 631
164 940
140 237
141 983
Living cost
20 945
20 945
20 945
20 945
Free-cash
138 686
143 995
119 292
121 038

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽177995
₽182927
₽173195
₽181645
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
-
-
-
224 500
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
33 675
health
-
-
-
3 156
total
-
-
-
41 003
Employee
13 641
-
219 115
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
21 912
-
total
3 339
-
25 886
-
Employer
13 641
-
219 115
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
208 183
224 500
-
-
income
20 818
22 450
-
-
total
20 818
22 450
-
-
Dividends
187 364
202 050
-
-
withholding
9 369
10 103
-
-
total
9 369
10 103
-
-
Income
224 500
224 500
224 500
224 500
Total tax
36 203
32 553
31 271
41 003
After tax
188 297
191 947
193 229
183 497
Living cost
10 302
10 302
10 302
10 302
Free-cash
177 995
181 645
182 927
173 195

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽90898
₽82223
₽91825
₽86257
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
-
-
-
224 500
income
-
-
-
48 417
other
-
-
-
6 960
health
-
-
-
12 178
social contributions
-
-
-
6 396
pensions
-
-
-
31 831
surtax
-
-
-
-
total
-
-
-
105 782
Employee
33 641
-
169 157
-
pensions
3 804
-
13 668
-
income
1 985
-
41 554
-
social contributions
959
-
4 820
-
surtax
-
-
-
-
total
6 748
-
60 042
-
Employer
33 641
-
169 157
-
health
2 355
-
17 905
-
social contributions
101
-
507
-
pensions
5 527
-
22 669
-
unemployment
1 362
-
6 851
-
other
1 161
-
7 410
-
total
10 506
-
55 342
-
Corporate
180 353
224 500
-
-
income
50 498
62 860
-
-
surtax
-
-
-
-
total
50 498
62 860
-
-
Dividends
129 855
161 640
-
-
social contributions
22 335
27 801
-
-
surtax
-
-
-
-
withholding
16 622
20 689
-
-
total
38 957
48 490
-
-
Income
224 500
224 500
224 500
224 500
Total tax
106 709
111 350
115 384
105 782
After tax
117 791
113 150
109 116
118 718
Living cost
26 893
26 893
26 893
26 893
Free-cash
90 898
86 257
82 223
91 825

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽74688
₽110565
₽85028
₽79504
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
-
-
-
224 500
pensions
-
-
-
9 209
income
-
-
-
87 642
health
-
-
-
9 693
total
-
-
-
106 544
Employee
67 124
67 124
209 892
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
47 497
-
total
33 372
28 959
66 399
-
Employer
67 124
67 124
209 892
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
146 445
145 621
-
-
income
29 289
29 125
-
-
total
29 289
29 125
-
-
Dividends
117 156
116 497
-
-
income
24 896
24 755
-
-
withholding
17 573
17 475
-
-
total
42 469
42 230
-
-
Income
224 500
224 500
224 500
224 500
Total tax
116 884
112 068
81 007
106 544
After tax
107 616
112 432
143 493
117 956
Living cost
32 928
32 928
32 928
32 928
Free-cash
74 688
79 504
110 565
85 028

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽97974
₽112043
₽82440
₽89279
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.

-
-
-
224 500
trade
-
-
-
29 603
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.

-
-
-
78 937
health

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

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

-
-
-
5 370
surtax

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

-
-
-
4 342
total
-
-
-
118 252
Employee

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

30 064
-
224 500
-
health

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

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

5 370
-
5 370
-
income

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

840
-
78 937
-
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
-
4 342
-
total
6 256
-
88 649
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 436
224 500
-
-
income
29 165
33 676
-
-
trade
30 624
35 358
-
-
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.

1 604
1 853
-
-
chamber of commerce
398
442
-
-
total
61 791
71 329
-
-
Dividends
132 645
153 172
-
-
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.

1 808
2 090
-
-
withholding
32 863
37 994
-
-
total
34 671
40 084
-
-
Income
224 500
224 500
224 500
224 500
Total tax
102 718
111 413
88 649
118 252
After tax
121 782
113 087
135 851
106 248
Living cost
23 808
23 808
23 808
23 808
Free-cash
97 974
89 279
112 043
82 440

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽141018
₽129198
₽130938
₽145295
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
-
-
-
224 500
income
-
-
-
56 920
health
-
-
-
5 725
social contributions
-
-
-
12 718
total
-
-
-
75 363
Employee
60 443
60 443
213 779
-
health
468
1 028
3 634
-
income
6 581
5 595
55 983
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
66 383
-
Employer
60 443
60 443
213 779
-
health
509
1 119
3 954
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
10 720
-
Corporate
194 172
157 922
-
-
income
24 272
19 741
-
-
total
24 272
19 741
-
-
Dividends
169 900
138 182
-
-
withholding
28 883
23 491
-
-
total
28 883
23 491
-
-
Income
224 500
224 500
224 500
224 500
Total tax
65 283
61 006
77 103
75 363
After tax
159 217
163 494
147 397
149 137
Living cost
18 199
18 199
18 199
18 199
Free-cash
141 018
145 295
129 198
130 938

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽102248
₽70744
₽90054
₽103041
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.

-
-
-
224 500
income
-
-
-
31 777
social contributions

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

-
-
-
78 014
surtax
-
-
-
-
total
-
-
-
109 791
Employee
36 152
-
181 414
-
income
7 520
-
65 007
-
social contributions
3 977
-
19 955
-
surtax
-
-
1 053
-
total
11 497
-
86 015
-
Employer
36 152
-
181 414
-
social contributions
8 586
-
43 086
-
total
8 586
-
43 086
-
Corporate
179 762
224 500
-
-
income
37 751
47 145
-
-
surtax
-
-
-
-
total
37 751
47 145
-
-
Dividends
142 012
177 355
-
-
withholding
39 763
49 659
-
-
total
39 763
49 659
-
-
Income
224 500
224 500
224 500
224 500
Total tax
97 597
96 804
129 101
109 791
After tax
126 903
127 696
95 399
114 709
Living cost
24 655
24 655
24 655
24 655
Free-cash
102 248
103 041
70 744
90 054

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽206026
₽173496
₽216147
₽207171
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%.

-
-
-
224 500
microenterprise

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

-
-
-
2 249
total
-
-
-
2 249
Employee
7 629
-
224 500
-
income
1 526
-
44 900
-
total
1 526
-
44 900
-
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%.

216 871
224 500
-
-
total
-
-
-
-
Dividends
216 871
224 500
-
-
withholding
10 844
11 225
-
-
total
10 844
11 225
-
-
Income
224 500
224 500
224 500
224 500
Total tax
12 370
11 225
44 900
2 249
After tax
212 130
213 275
179 600
222 251
Living cost
6 104
6 104
6 104
6 104
Free-cash
206 026
207 171
173 496
216 147

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽126910
₽73243
₽78115
₽133486
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.

-
-
-
224 500
pensions
-
-
-
41 000
unemployment
-
-
-
337
income
-
-
-
61 874
health
-
-
-
22 091
total
-
-
-
125 302
Employee

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

34 759
-
194 255
-
health
2 245
-
12 549
-
unemployment
49
-
271
-
pensions
5 388
-
30 109
-
income
5 994
-
57 001
-
total
13 676
-
99 930
-
Employer

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

34 759
-
194 255
-
health
2 315
-
12 937
-
pensions
3 076
-
17 191
-
unemployment
21
-
116
-
total
5 412
-
30 244
-
Corporate
184 330
224 500
-
-
income
35 023
42 655
-
-
total
35 023
42 655
-
-
Dividends
149 307
181 845
-
-
withholding
22 396
27 276
-
-
total
22 396
27 276
-
-
Income
224 500
224 500
224 500
224 500
Total tax
76 507
69 931
130 174
125 302
After tax
147 993
154 569
94 326
99 198
Living cost
21 083
21 083
21 083
21 083
Free-cash
126 910
133 486
73 243
78 115

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽115985
₽125839
₽157321
₽113240
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.

-
-
-
224 500
income
-
-
-
33 676
health

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

-
-
-
4 970
total
-
-
-
38 646
Employee
36 059
-
220 884
-
social contributions
3 613
-
3 616
-
income
3 913
-
62 896
-
total
7 526
-
66 512
-
Employer
36 059
-
220 884
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
184 828
224 500
-
-
income
64 690
78 574
-
-
total
64 690
78 574
-
-
Dividends
120 138
145 926
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
224 500
224 500
224 500
224 500
Total tax
79 982
82 727
70 128
38 646
After tax
144 518
141 773
154 372
185 854
Living cost
28 533
28 533
28 533
28 533
Free-cash
115 985
113 240
125 839
157 321

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽120705
₽65223
₽127504
₽120296
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
-
-
-
224 500
income
-
-
-
33 676
health
-
-
-
15 670
social contributions
-
-
-
30 982
total
-
-
-
80 328
Employee
26 651
-
224 500
-
health
1 860
-
15 670
-
income
4 445
-
95 957
-
social contributions
3 678
-
30 982
-
total
9 983
-
142 609
-
Employer
26 651
-
224 500
-
total
-
-
-
-
Corporate
197 849
224 500
-
-
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%.

9 893
11 225
-
-
total
9 893
11 225
-
-
Dividends
187 956
213 275
-
-
social contributions
25 938
29 432
-
-
withholding
28 194
31 992
-
-
health
13 119
14 887
-
-
total
67 251
76 311
-
-
Income
224 500
224 500
224 500
224 500
Total tax
87 127
87 536
142 609
80 328
After tax
137 373
136 964
81 891
144 172
Living cost
16 668
16 668
16 668
16 668
Free-cash
120 705
120 296
65 223
127 504

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽124717
₽105044
₽115588
₽132566
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
-
-
-
224 500
income
-
-
-
25 275
health
-
-
-
30 307
social contributions
-
-
-
25 692
solidarity contribution
-
-
-
5 636
total
-
-
-
86 910
Employee
32 356
-
185 783
-
health
4 368
-
25 081
-
solidarity contribution
-
-
4 690
-
income
3 883
-
23 247
-
social contributions
2 103
-
5 719
-
total
10 354
-
58 737
-
Employer
32 356
-
185 783
-
health
2 912
-
16 720
-
social contributions
8 089
-
21 997
-
total
11 001
-
38 717
-
Corporate
181 144
224 500
-
-
income
34 417
42 655
-
-
total
34 417
42 655
-
-
Dividends
146 726
181 845
-
-
withholding
22 009
27 277
-
-
total
22 009
27 277
-
-
Income
224 500
224 500
224 500
224 500
Total tax
77 781
69 932
97 454
86 910
After tax
146 719
154 568
127 046
137 590
Living cost
22 002
22 002
22 002
22 002
Free-cash
124 717
132 566
105 044
115 588

Estimated living cost  is ₽22002 per week

₽16362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽201980
₽170089
₽212740
₽203764
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%.

-
-
-
224 500
microenterprise

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

-
-
-
2 249
total
-
-
-
2 249
Employee
11 889
-
224 500
-
income
2 378
-
44 900
-
total
2 378
-
44 900
-
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%.

212 611
224 500
-
-
total
-
-
-
-
Dividends
212 611
224 500
-
-
withholding
10 631
11 225
-
-
total
10 631
11 225
-
-
Income
224 500
224 500
224 500
224 500
Total tax
13 009
11 225
44 900
2 249
After tax
211 491
213 275
179 600
222 251
Living cost
9 511
9 511
9 511
9 511
Free-cash
201 980
203 764
170 089
212 740

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽80586
₽71151
₽80753
₽75185
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
-
-
-
224 500
income
-
-
-
48 417
other
-
-
-
6 960
health
-
-
-
12 178
social contributions
-
-
-
6 396
pensions
-
-
-
31 831
surtax
-
-
-
-
total
-
-
-
105 782
Employee
49 231
-
169 157
-
pensions
5 568
-
13 668
-
income
4 296
-
41 554
-
social contributions
1 402
-
4 820
-
surtax
-
-
-
-
total
11 266
-
60 042
-
Employer
49 231
-
169 157
-
health
3 446
-
17 905
-
social contributions
148
-
507
-
pensions
8 089
-
22 669
-
unemployment
1 994
-
6 851
-
other
1 699
-
7 410
-
total
15 376
-
55 342
-
Corporate
159 893
224 500
-
-
income
44 771
62 860
-
-
surtax
-
-
-
-
total
44 771
62 860
-
-
Dividends
115 123
161 640
-
-
social contributions
19 800
27 801
-
-
surtax
-
-
-
-
withholding
14 736
20 689
-
-
total
34 536
48 490
-
-
Income
224 500
224 500
224 500
224 500
Total tax
105 949
111 350
115 384
105 782
After tax
118 551
113 150
109 116
118 718
Living cost
37 965
37 965
37 965
37 965
Free-cash
80 586
75 185
71 151
80 753

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽144792
₽136204
₽136202
₽148648
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.

-
-
-
224 500
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
52 851
health
-
-
-
5 966
total
-
-
-
74 745
Employee

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

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

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

20 437
-
214 133
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
52 851
-
total
6 884
-
64 376
-
Employer

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

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

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

20 437
-
214 133
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
200 404
224 500
-
-
income
30 061
33 675
-
-
total
30 061
33 675
-
-
Dividends
170 344
190 825
-
-
withholding
25 552
28 624
-
-
total
25 552
28 624
-
-
Income
224 500
224 500
224 500
224 500
Total tax
66 155
62 299
74 743
74 745
After tax
158 345
162 201
149 757
149 755
Living cost
13 553
13 553
13 553
13 553
Free-cash
144 792
148 648
136 204
136 202

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽72075
₽114289
₽118968
₽49204
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
-
-
-
224 500
pensions
-
-
-
20 653
city
-
-
-
2 371
other

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

-
-
-
4 069
health
-
-
-
505
regional
-
-
-
14 869
national
-
-
-
9 610
total
-
-
-
52 077
Employee
62 557
-
202 666
-
health
141
-
456
-
unemployment
-
-
-
-
city
671
-
2 213
-
pensions
5 256
-
13 996
-
regional
2 048
-
13 438
-
national
296
-
8 148
-
total
8 412
-
38 251
-
Employer
62 557
-
202 666
-
health
141
-
456
-
pensions
5 256
-
13 996
-
unemployment
-
-
-
-
other

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

1 251
-
4 053
-
total
6 648
-
18 505
-
Corporate
154 608
224 500
-
-
regional
32 699
47 482
-
-
national
13 142
19 082
-
-
total
45 841
66 564
-
-
Dividends
108 767
157 936
-
-
withholding
38 069
55 277
-
-
total
38 069
55 277
-
-
Income
224 500
224 500
224 500
224 500
Total tax
98 970
121 841
56 756
52 077
After tax
125 530
102 659
167 744
172 423
Living cost
53 455
53 455
53 455
53 455
Free-cash
72 075
49 204
114 289
118 968

Estimated living cost  is ₽53455 per week

₽34761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₽107579
₽76404
₽102120
₽103036
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

-
-
-
224 500
municipal
-
-
-
39 847
health
-
-
-
3 129
national
-
-
-
49 226
total
-
-
-
92 202
Employee
41 355
-
188 861
-
health
309
-
2 581
-
unemployment
621
-
2 833
-
pensions
2 791
-
12 748
-
national
683
-
33 391
-
municipal
6 774
-
30 727
-
total
11 178
-
82 280
-
Employer
41 355
-
188 861
-
health
318
-
1 454
-
pensions
7 175
-
32 767
-
accident
42
-
189
-
unemployment
268
-
1 228
-
total
7 803
-
35 638
-
Corporate
175 342
224 500
-
-
income
35 069
44 900
-
-
total
35 069
44 900
-
-
Dividends

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

105 205
134 700
-
-
municipal
18 937
24 245
-
-
national
13 756
22 141
-
-
total
32 693
46 386
-
-
Income
224 500
224 500
224 500
224 500
Total tax
86 743
91 286
117 918
92 202
After tax
137 757
133 214
106 582
132 298
Living cost
30 178
30 178
30 178
30 178
Free-cash
107 579
103 036
76 404
102 120

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽84753
₽45577
₽69226
₽91876
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
-
-
-
224 500
communal

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

-
-
-
12 294
social contributions
-
-
-
19 597
national
-
-
-
94 723
total
-
-
-
126 614
Employee

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

56 226
-
173 881
-
health

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

2 642
-
8 173
-
communal

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

2 933
-
9 069
-
unemployment

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

489
-
1 513
-
pensions

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

4 217
-
13 042
-
national
17 286
-
67 849
-
total
27 567
-
99 646
-
Employer

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

56 226
-
173 881
-
health

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

3 458
-
10 694
-
pensions

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

4 982
-
15 406
-
surtax
6 375
-
19 717
-
accident

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

731
-
2 261
-
unemployment

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

820
-
2 539
-
total
16 366
-
50 617
-
Corporate
151 908
224 500
-
-
income
30 628
51 680
-
-
surtax
613
1 034
-
-
total
31 241
52 714
-
-
Dividends
120 667
171 786
-
-
withholding

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

35 913
51 250
-
-
total
35 913
51 250
-
-
Income
224 500
224 500
224 500
224 500
Total tax
111 087
103 964
150 263
126 614
After tax
113 413
120 536
74 237
97 886
Living cost
28 660
28 660
28 660
28 660
Free-cash
84 753
91 876
45 577
69 226

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽87720
₽75796
₽76623
₽88485
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
-
-
-
224 500
unemployment
-
-
-
75
municipal
-
-
-
60 491
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
31 649
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
113 785
Employee
48 578
-
201 024
-
national
-
-
31 191
-
municipal
14 486
-
59 945
-
total
14 486
-
91 136
-
Employer
48 578
-
201 024
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
160 658
224 500
-
-
income
35 345
49 390
-
-
total
35 345
49 390
-
-
Dividends
125 313
175 110
-
-
withholding
37 594
52 533
-
-
total
37 594
52 533
-
-
Income
224 500
224 500
224 500
224 500
Total tax
102 688
101 923
114 612
113 785
After tax
121 812
122 577
109 888
110 715
Living cost
34 092
34 092
34 092
34 092
Free-cash
87 720
88 485
75 796
76 623

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽56697
₽174915
₽117148
₽98587
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
-
-
-
224 500
income
-
-
-
43 760
social contributions
-
-
-
25 593
total
-
-
-
69 353
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
93 192
224 500
-
-
income
20 502
49 390
-
-
total
20 502
49 390
-
-
Dividends
72 689
175 110
-
-
income
15 992
38 524
-
-
total
15 992
38 524
-
-
Income
224 500
224 500
224 500
224 500
Total tax
129 804
87 914
11 586
69 353
After tax
94 696
136 586
212 914
155 147
Living cost
37 999
37 999
37 999
37 999
Free-cash
56 697
98 587
174 915
117 148

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽134740
₽121902
₽123642
₽137999
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
-
-
-
224 500
income
-
-
-
56 920
health
-
-
-
5 725
social contributions
-
-
-
12 718
total
-
-
-
75 363
Employee
60 443
60 443
213 779
-
health
601
1 028
3 634
-
income
6 347
5 595
55 983
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
66 383
-
Employer
60 443
60 443
213 779
-
health
655
1 119
3 954
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
10 720
-
Corporate
185 528
157 922
-
-
income
23 191
19 741
-
-
total
23 191
19 741
-
-
Dividends
162 337
138 182
-
-
withholding
27 597
23 491
-
-
total
27 597
23 491
-
-
Income
224 500
224 500
224 500
224 500
Total tax
64 265
61 006
77 103
75 363
After tax
160 235
163 494
147 397
149 137
Living cost
25 495
25 495
25 495
25 495
Free-cash
134 740
137 999
121 902
123 642

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽113454
₽94021
₽113839
₽108957
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
-
-
-
224 500
income
-
-
-
73 790
pensions
-
-
-
8 650
total
-
-
-
82 440
Employee
38 737
-
195 275
-
health
505
-
2 478
-
pensions
2 957
-
9 975
-
income
7 054
-
60 580
-
total
10 516
-
73 033
-
Employer
38 737
-
195 275
-
health
736
-
3 710
-
pensions
3 914
-
25 515
-
total
4 650
-
29 225
-
Corporate
181 113
224 500
-
-
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.

34 412
42 654
-
-
total
34 412
42 654
-
-
Dividends
146 701
181 846
-
-
withholding
33 247
44 668
-
-
total
33 247
44 668
-
-
Income
224 500
224 500
224 500
224 500
Total tax
82 825
87 322
102 258
82 440
After tax
141 675
137 178
122 242
142 060
Living cost
28 221
28 221
28 221
28 221
Free-cash
113 454
108 957
94 021
113 839

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽83362
₽70388
₽76845
₽86937
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
-
-
-
224 500
municipal
-
-
-
1 666
regional
-
-
-
5 903
social contributions
-
-
-
39 341
national
-
-
-
69 431
total
-
-
-
116 341
Employee
66 236
-
224 500
-
social contributions
22 335
-
51 577
-
regional
1 000
-
5 496
-
national
11 193
-
64 169
-
municipal
395
-
1 556
-
total
34 923
-
122 798
-
Employer
66 236
-
224 500
-
total
-
-
-
-
Corporate
158 264
224 500
-
-
nationa
37 983
53 880
-
-
municipal
7 628
10 820
-
-
total
45 611
64 700
-
-
Dividends
112 652
159 800
-
-
withholding
29 290
41 549
-
-
total
29 290
41 549
-
-
Income
224 500
224 500
224 500
224 500
Total tax
109 824
106 249
122 798
116 341
After tax
114 676
118 251
101 702
108 159
Living cost
31 314
31 314
31 314
31 314
Free-cash
83 362
86 937
70 388
76 845

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽15608
₽108321
₽136357
₽1398
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
-
-
-
224 500
pensions
-
-
-
3 175
income
-
-
-
66 041
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
71 356
Employee
26 407
-
207 543
-
health
3 024
-
23 764
-
pensions
2 974
-
5 822
-
income
3 623
-
52 848
-
total
9 621
-
82 434
-
Employer
26 407
-
207 543
-
pensions
4 294
-
8 407
-
accident
441
-
3 466
-
unemployment
647
-
5 085
-
total
5 382
-
16 958
-
Corporate
192 711
224 500
-
-
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.

173 440
202 050
-
-
total
173 440
202 050
-
-
Dividends
19 271
22 450
-
-
withholding
3 662
4 265
-
-
total
3 662
4 265
-
-
Income
224 500
224 500
224 500
224 500
Total tax
192 105
206 315
99 392
71 356
After tax
32 395
18 185
125 108
153 144
Living cost
16 787
16 787
16 787
16 787
Free-cash
15 608
1 398
108 321
136 357

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽95331
₽105504
₽78532
₽85048
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.

-
-
-
224 500
trade
-
-
-
26 972
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.

-
-
-
78 937
health

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

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

-
-
-
5 370
surtax

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

-
-
-
4 342
total
-
-
-
115 621
Employee

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

39 110
-
224 500
-
health

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

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

5 370
-
5 370
-
income

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

3 216
-
78 937
-
surtax

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

178
-
4 342
-
total
8 764
-
88 649
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 390
224 500
-
-
income
27 809
33 676
-
-
trade
26 604
32 215
-
-
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.

1 529
1 853
-
-
chamber of commerce
391
449
-
-
total
56 333
68 193
-
-
Dividends
129 057
156 308
-
-
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.

1 759
2 133
-
-
withholding
31 966
38 779
-
-
total
33 725
40 912
-
-
Income
224 500
224 500
224 500
224 500
Total tax
98 822
109 105
88 649
115 621
After tax
125 678
115 395
135 851
108 879
Living cost
30 347
30 347
30 347
30 347
Free-cash
95 331
85 048
105 504
78 532

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽156799
₽83763
₽68511
₽163247
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.

-
-
-
224 500
income
-
-
-
52 272
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 116
surtax
-
-
-
57 248
total
-
-
-
139 636
Employee
22 968
-
181 921
-
income
4 089
-
45 124
-
social contributions

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

2 527
-
10 304
-
surtax
-
-
26 378
-
total
6 616
-
81 806
-
Employer
22 968
-
181 921
-
social contributions

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

5 533
-
22 567
-
surtax
-
-
20 011
-
total
5 533
-
42 578
-
Corporate
195 999
224 500
-
-
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%.

39 199
44 900
-
-
total
39 199
44 900
-
-
Dividends

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

156 800
179 600
-
-
total
-
-
-
-
Income
224 500
224 500
224 500
224 500
Total tax
51 348
44 900
124 384
139 636
After tax
173 152
179 600
100 116
84 864
Living cost
16 353
16 353
16 353
16 353
Free-cash
156 799
163 247
83 763
68 511

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽128709
₽129717
₽130413
₽130315
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
-
-
-
224 500
income
-
-
-
72 018
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
84 314
Employee
14 885
-
216 481
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
71 643
-
total
5 112
-
76 990
-
Employer
14 885
-
216 481
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
206 266
224 500
-
-
income
45 379
49 390
-
-
total
45 379
49 390
-
-
Dividends
160 888
175 110
-
-
withholding
32 178
35 022
-
-
total
32 178
35 022
-
-
Income
224 500
224 500
224 500
224 500
Total tax
86 018
84 412
85 010
84 314
After tax
138 482
140 088
139 490
140 186
Living cost
9 773
9 773
9 773
9 773
Free-cash
128 709
130 315
129 717
130 413

Estimated living cost  is ₽9773 per week

₽5807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽121055
₽82639
₽87445
₽123555
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
-
-
-
224 500
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
77 113
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
13 678
total
-
-
-
119 400
Employee
26 471
-
202 418
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
72 411
-
other
-
-
-
-
surtax
94
-
12 739
-
total
8 816
-
102 124
-
Employer
26 471
-
202 418
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
192 456
224 500
-
-
income
50 039
58 370
-
-
total
50 039
58 370
-
-
Dividends
142 417
166 130
-
-
withholding
21 362
24 920
-
-
total
21 362
24 920
-
-
Income
224 500
224 500
224 500
224 500
Total tax
85 790
83 290
124 206
119 400
After tax
138 710
141 210
100 294
105 100
Living cost
17 655
17 655
17 655
17 655
Free-cash
121 055
123 555
82 639
87 445

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽98013
₽32518
₽89311
₽98401
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
-
-
-
224 500
pensions
-
-
-
16 988