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
₽ 232500
per

Your estimated
City
free-cash

Valencia , Spain
₽128965
₽104721
₽107990
₽132405
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
-
-
-
232 500
unemployment
-
-
-
506
income
-
-
-
81 427
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
103 088
Employee
28 804
-
209 481
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
78 753
-
other
28
-
72
-
total
7 381
-
83 338
-
Employer
28 804
-
209 481
-
pensions
6 797
-
17 040
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 019
-
Corporate
194 512
232 500
-
-
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.

29 177
34 875
-
-
total
29 177
34 875
-
-
Dividends
165 335
197 625
-
-
withholding
36 371
43 798
-
-
total
36 371
43 798
-
-
Income
232 500
232 500
232 500
232 500
Total tax
82 113
78 673
106 357
103 088
After tax
150 387
153 827
126 143
129 412
Living cost
21 422
21 422
21 422
21 422
Free-cash
128 965
132 405
104 721
107 990

Estimated living cost  is ₽21422 per week

₽14459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4528
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
₽144800
₽125672
₽127463
₽150061
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
-
-
-
232 500
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.

-
-
-
28 431
income
-
-
-
45 011
other
-
-
-
5 626
health
-
-
-
5 212
total
-
-
-
84 280
Employee
28 285
-
201 980
-
health
396
-
1 659
-
unemployment
282
-
1 184
-
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.

1 979
-
8 292
-
income
4 870
-
44 416
-
total
7 527
-
55 551
-
Employer
28 285
-
201 980
-
health
396
-
1 659
-
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.

4 809
-
20 139
-
accident
226
-
1 616
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
30 520
-
Corporate
197 087
232 500
-
-
income
41 388
48 825
-
-
total
41 388
48 825
-
-
Dividends
155 699
183 675
-
-
withholding
10 900
12 857
-
-
total
10 900
12 857
-
-
Income
232 500
232 500
232 500
232 500
Total tax
66 943
61 682
86 071
84 280
After tax
165 557
170 818
146 429
148 220
Living cost
20 757
20 757
20 757
20 757
Free-cash
144 800
150 061
125 672
127 463

Estimated living cost  is ₽20757 per week

₽14666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
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.
₽4355
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
₽184949
₽190282
₽180137
₽188569
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
-
-
-
232 500
pensions

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

-
-
-
4 029
unemployment
-
-
-
109
income
-
-
-
34 875
health
-
-
-
3 131
total
-
-
-
42 144
Employee
13 532
-
227 159
-
health
622
-
1 252
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
pensions

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

1 188
-
2 391
-
income
1 353
-
22 716
-
total
3 312
-
26 658
-
Employer
13 532
-
227 159
-
health
934
-
1 879
-
pensions

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

1 491
-
3 000
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 655
-
5 341
-
Corporate
216 313
232 500
-
-
income
21 631
23 250
-
-
total
21 631
23 250
-
-
Dividends
194 682
209 250
-
-
withholding
9 734
10 462
-
-
total
9 734
10 462
-
-
Income
232 500
232 500
232 500
232 500
Total tax
37 332
33 712
31 999
42 144
After tax
195 168
198 788
200 501
190 356
Living cost
10 219
10 219
10 219
10 219
Free-cash
184 949
188 569
190 282
180 137

Estimated living cost  is ₽10219 per week

₽5966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
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.
₽3253
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
₽95128
₽85168
₽95611
₽90528
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
-
-
-
232 500
income
-
-
-
51 221
other
-
-
-
7 208
health
-
-
-
12 805
social contributions
-
-
-
6 626
pensions
-
-
-
32 377
surtax
-
-
-
-
total
-
-
-
110 237
Employee
33 340
-
174 842
-
pensions
3 770
-
14 273
-
income
1 968
-
43 766
-
social contributions
951
-
4 982
-
surtax
-
-
-
-
total
6 689
-
63 021
-
Employer
33 340
-
174 842
-
health
2 334
-
18 681
-
social contributions
101
-
525
-
pensions
5 477
-
23 650
-
unemployment
1 350
-
7 081
-
other
1 150
-
7 722
-
total
10 412
-
57 659
-
Corporate
188 748
232 500
-
-
income
52 849
65 100
-
-
surtax
-
-
-
-
total
52 849
65 100
-
-
Dividends
135 899
167 400
-
-
social contributions
23 375
28 793
-
-
surtax
-
-
-
-
withholding
17 395
21 427
-
-
total
40 770
50 220
-
-
Income
232 500
232 500
232 500
232 500
Total tax
110 720
115 320
120 680
110 237
After tax
121 780
117 180
111 820
122 263
Living cost
26 652
26 652
26 652
26 652
Free-cash
95 128
90 528
85 168
95 611

Estimated living cost  is ₽26652 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7227
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
₽79123
₽115958
₽89097
₽83897
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
-
-
-
232 500
pensions
-
-
-
9 127
income
-
-
-
92 037
health
-
-
-
9 606
total
-
-
-
110 770
Employee
66 524
66 524
218 023
-
health
10 211
8 685
9 606
-
pensions
11 974
9 127
9 127
-
income

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

10 889
10 889
50 698
-
total
33 074
28 701
69 431
-
Employer
66 524
66 524
218 023
-
health
4 624
4 624
5 746
-
pensions
4 630
4 630
5 755
-
unemployment
2 395
2 395
2 976
-
total
11 649
11 649
14 477
-
Corporate
155 143
154 327
-
-
income
31 028
30 865
-
-
total
31 028
30 865
-
-
Dividends
124 115
123 462
-
-
income
26 374
26 235
-
-
withholding
18 618
18 519
-
-
total
44 992
44 754
-
-
Income
232 500
232 500
232 500
232 500
Total tax
120 743
115 969
83 908
110 770
After tax
111 757
116 531
148 592
121 730
Living cost
32 634
32 634
32 634
32 634
Free-cash
79 123
83 897
115 958
89 097

Estimated living cost  is ₽32634 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽6046
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
₽102131
₽116614
₽85700
₽93513
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.

-
-
-
232 500
trade
-
-
-
30 914
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.

-
-
-
82 435
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.

-
-
-
5 322
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.

-
-
-
4 534
total
-
-
-
123 205
Employee

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

29 795
-
232 500
-
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.

5 322
-
5 322
-
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.

832
-
82 435
-
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
-
4 534
-
total
6 200
-
92 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 705
232 500
-
-
income
30 406
34 875
-
-
trade
31 925
36 619
-
-
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.

1 672
1 919
-
-
chamber of commerce
409
452
-
-
total
64 412
73 865
-
-
Dividends
138 292
158 635
-
-
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.

1 885
2 164
-
-
withholding
34 277
39 363
-
-
total
36 162
41 527
-
-
Income
232 500
232 500
232 500
232 500
Total tax
106 774
115 392
92 291
123 205
After tax
125 726
117 108
140 209
109 295
Living cost
23 595
23 595
23 595
23 595
Free-cash
102 131
93 513
116 614
85 700

Estimated living cost  is ₽23595 per week

₽14842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽5561
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
₽147025
₽134320
₽136107
₽151263
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
-
-
-
232 500
income
-
-
-
59 824
health
-
-
-
5 929
social contributions
-
-
-
12 604
total
-
-
-
78 357
Employee
59 902
59 902
221 694
-
health
464
1 019
3 768
-
income
6 522
5 545
58 863
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
69 337
-
Employer
59 902
59 902
221 694
-
health
504
1 109
4 101
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
10 807
-
Corporate
202 444
166 518
-
-
income
25 306
20 815
-
-
total
25 306
20 815
-
-
Dividends
177 138
145 704
-
-
withholding
30 113
24 769
-
-
total
30 113
24 769
-
-
Income
232 500
232 500
232 500
232 500
Total tax
67 439
63 201
80 144
78 357
After tax
165 061
169 299
152 356
154 143
Living cost
18 036
18 036
18 036
18 036
Free-cash
147 025
151 263
134 320
136 107

Estimated living cost  is ₽18036 per week

₽10809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽5059
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
₽107027
₽73673
₽93966
₽107811
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.

-
-
-
232 500
income
-
-
-
33 305
social contributions

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

-
-
-
80 794
surtax
-
-
-
-
total
-
-
-
114 099
Employee
35 828
-
187 879
-
income
7 452
-
67 880
-
social contributions
3 941
-
20 667
-
surtax
-
-
1 224
-
total
11 393
-
89 771
-
Employer
35 828
-
187 879
-
social contributions
8 509
-
44 621
-
total
8 509
-
44 621
-
Corporate
188 163
232 500
-
-
income
39 514
48 825
-
-
surtax
-
-
-
-
total
39 514
48 825
-
-
Dividends
148 649
183 675
-
-
withholding
41 622
51 429
-
-
total
41 622
51 429
-
-
Income
232 500
232 500
232 500
232 500
Total tax
101 038
100 254
134 392
114 099
After tax
131 462
132 246
98 108
118 401
Living cost
24 435
24 435
24 435
24 435
Free-cash
107 027
107 811
73 673
93 966

Estimated living cost  is ₽24435 per week

₽18282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
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.
₽4303
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
₽213972
₽180187
₽223984
₽215062
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%.

-
-
-
232 500
microenterprise

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

-
-
-
2 703
total
-
-
-
2 703
Employee
7 266
-
232 500
-
income
1 453
-
46 500
-
total
1 453
-
46 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

225 234
232 500
-
-
total
-
-
-
-
Dividends
225 234
232 500
-
-
withholding
11 262
11 625
-
-
total
11 262
11 625
-
-
Income
232 500
232 500
232 500
232 500
Total tax
12 715
11 625
46 500
2 703
After tax
219 785
220 875
186 000
229 797
Living cost
5 813
5 813
5 813
5 813
Free-cash
213 972
215 062
180 187
223 984

Estimated living cost  is ₽5813 per week

₽3602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
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.
₽1567
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
₽132664
₽75956
₽81005
₽139181
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.

-
-
-
232 500
pensions
-
-
-
42 460
unemployment
-
-
-
349
income
-
-
-
64 913
health
-
-
-
22 878
total
-
-
-
130 600
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.

34 448
-
201 176
-
health
2 225
-
12 996
-
unemployment
49
-
282
-
pensions
5 340
-
31 182
-
income
5 940
-
59 865
-
total
13 554
-
104 325
-
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.

34 448
-
201 176
-
health
2 294
-
13 398
-
pensions
3 048
-
17 805
-
unemployment
21
-
121
-
total
5 363
-
31 324
-
Corporate
192 689
232 500
-
-
income
36 612
44 175
-
-
total
36 612
44 175
-
-
Dividends
156 077
188 325
-
-
withholding
23 412
28 249
-
-
total
23 412
28 249
-
-
Income
232 500
232 500
232 500
232 500
Total tax
78 941
72 424
135 649
130 600
After tax
153 559
160 076
96 851
101 900
Living cost
20 895
20 895
20 895
20 895
Free-cash
132 664
139 181
75 956
81 005

Estimated living cost  is ₽20895 per week

₽14340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
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.
₽4812
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
₽121453
₽131221
₽164373
₽118731
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.

-
-
-
232 500
income
-
-
-
34 875
health

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

-
-
-
4 974
total
-
-
-
39 849
Employee
35 736
-
228 917
-
social contributions
3 580
-
3 583
-
income
3 878
-
65 835
-
total
7 458
-
69 418
-
Employer
35 736
-
228 917
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
193 184
232 500
-
-
income
67 615
81 375
-
-
total
67 615
81 375
-
-
Dividends
125 569
151 125
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
232 500
232 500
232 500
232 500
Total tax
82 769
85 491
73 001
39 849
After tax
149 731
147 009
159 499
192 651
Living cost
28 278
28 278
28 278
28 278
Free-cash
121 453
118 731
131 221
164 373

Estimated living cost  is ₽28278 per week

₽18627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽6988
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
₽125734
₽67865
₽132792
₽125326
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
-
-
-
232 500
income
-
-
-
34 875
health
-
-
-
16 229
social contributions
-
-
-
32 085
total
-
-
-
83 189
Employee
26 413
-
232 500
-
health
1 843
-
16 229
-
income
4 405
-
99 802
-
social contributions
3 645
-
32 085
-
total
9 893
-
148 116
-
Employer
26 413
-
232 500
-
total
-
-
-
-
Corporate
206 087
232 500
-
-
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%.

10 304
11 625
-
-
total
10 304
11 625
-
-
Dividends
195 783
220 875
-
-
social contributions
27 017
30 481
-
-
withholding
29 368
33 132
-
-
health
13 665
15 417
-
-
total
70 050
79 030
-
-
Income
232 500
232 500
232 500
232 500
Total tax
90 247
90 655
148 116
83 189
After tax
142 253
141 845
84 384
149 311
Living cost
16 518
16 518
16 518
16 518
Free-cash
125 734
125 326
67 865
132 792

Estimated living cost  is ₽16518 per week

₽11055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1019
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.
₽4064
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
₽130505
₽110311
₽121318
₽138279
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
-
-
-
232 500
income
-
-
-
26 349
health
-
-
-
31 388
social contributions
-
-
-
25 453
solidarity contribution
-
-
-
6 195
total
-
-
-
89 385
Employee
32 054
-
193 310
-
health
4 327
-
26 097
-
solidarity contribution
-
-
5 207
-
income
3 846
-
24 232
-
social contributions
2 083
-
5 666
-
total
10 256
-
61 202
-
Employer
32 054
-
193 310
-
health
2 885
-
17 398
-
social contributions
8 013
-
21 792
-
total
10 898
-
39 190
-
Corporate
189 548
232 500
-
-
income
36 014
44 175
-
-
total
36 014
44 175
-
-
Dividends
153 534
188 325
-
-
withholding
23 030
28 249
-
-
total
23 030
28 249
-
-
Income
232 500
232 500
232 500
232 500
Total tax
80 198
72 424
100 392
89 385
After tax
152 302
160 076
132 108
143 115
Living cost
21 797
21 797
21 797
21 797
Free-cash
130 505
138 279
110 311
121 318

Estimated living cost  is ₽21797 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽4003
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
₽210118
₽176942
₽220739
₽211817
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%.

-
-
-
232 500
microenterprise

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

-
-
-
2 703
total
-
-
-
2 703
Employee
11 323
-
232 500
-
income
2 265
-
46 500
-
total
2 265
-
46 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

221 177
232 500
-
-
total
-
-
-
-
Dividends
221 177
232 500
-
-
withholding
11 059
11 625
-
-
total
11 059
11 625
-
-
Income
232 500
232 500
232 500
232 500
Total tax
13 324
11 625
46 500
2 703
After tax
219 176
220 875
186 000
229 797
Living cost
9 058
9 058
9 058
9 058
Free-cash
210 118
211 817
176 942
220 739

Estimated living cost  is ₽9058 per week

₽6130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽2244
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
₽84908
₽74195
₽84638
₽79555
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
-
-
-
232 500
income
-
-
-
51 221
other
-
-
-
7 208
health
-
-
-
12 805
social contributions
-
-
-
6 626
pensions
-
-
-
32 377
surtax
-
-
-
-
total
-
-
-
110 237
Employee
48 790
-
174 842
-
pensions
5 519
-
14 273
-
income
4 257
-
43 766
-
social contributions
1 390
-
4 982
-
surtax
-
-
-
-
total
11 166
-
63 021
-
Employer
48 790
-
174 842
-
health
3 415
-
18 681
-
social contributions
146
-
525
-
pensions
8 017
-
23 650
-
unemployment
1 976
-
7 081
-
other
1 684
-
7 722
-
total
15 238
-
57 659
-
Corporate
168 471
232 500
-
-
income
47 173
65 100
-
-
surtax
-
-
-
-
total
47 173
65 100
-
-
Dividends
121 299
167 400
-
-
social contributions
20 863
28 793
-
-
surtax
-
-
-
-
withholding
15 527
21 427
-
-
total
36 390
50 220
-
-
Income
232 500
232 500
232 500
232 500
Total tax
109 967
115 320
120 680
110 237
After tax
122 533
117 180
111 820
122 263
Living cost
37 625
37 625
37 625
37 625
Free-cash
84 908
79 555
74 195
84 638

Estimated living cost  is ₽37625 per week

₽25464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽8567
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
₽150745
₽142522
₽142520
₽154562
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.

-
-
-
232 500
pensions
-
-
-
14 910
unemployment
-
-
-
860
income
-
-
-
54 884
health
-
-
-
5 907
total
-
-
-
76 561
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.

20 235
-
222 235
-
health
1 042
-
2 953
-
unemployment
152
-
430
-
pensions
2 833
-
8 028
-
income
2 789
-
54 884
-
total
6 816
-
66 295
-
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.

20 235
-
222 235
-
health
1 042
-
2 953
-
pensions
2 428
-
6 881
-
unemployment
152
-
430
-
total
3 622
-
10 264
-
Corporate
208 642
232 500
-
-
income
31 296
34 875
-
-
total
31 296
34 875
-
-
Dividends
177 346
197 625
-
-
withholding
26 602
29 644
-
-
total
26 602
29 644
-
-
Income
232 500
232 500
232 500
232 500
Total tax
68 336
64 519
76 559
76 561
After tax
164 164
167 981
155 941
155 939
Living cost
13 419
13 419
13 419
13 419
Free-cash
150 745
154 562
142 522
142 520

Estimated living cost  is ₽13419 per week

₽9035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽2958
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
₽75700
₽117941
₽124493
₽52805
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
-
-
-
232 500
pensions
-
-
-
21 390
city
-
-
-
2 457
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.

-
-
-
4 074
health
-
-
-
524
regional
-
-
-
15 657
national
-
-
-
10 393
total
-
-
-
54 495
Employee
62 623
-
210 288
-
health
142
-
473
-
unemployment
-
-
1 051
-
city
672
-
2 287
-
pensions
5 261
-
14 373
-
regional
2 051
-
14 078
-
national
296
-
8 814
-
total
8 422
-
41 076
-
Employer
62 623
-
210 288
-
health
142
-
473
-
pensions
5 261
-
14 373
-
unemployment
-
-
1 051
-
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.

1 252
-
4 074
-
total
6 655
-
19 971
-
Corporate
162 533
232 500
-
-
regional
34 376
49 173
-
-
national
13 815
19 762
-
-
total
48 191
68 935
-
-
Dividends
114 341
163 564
-
-
withholding
40 020
57 248
-
-
total
40 020
57 248
-
-
Income
232 500
232 500
232 500
232 500
Total tax
103 288
126 183
61 047
54 495
After tax
129 212
106 317
171 453
178 005
Living cost
53 512
53 512
53 512
53 512
Free-cash
75 700
52 805
117 941
124 493

Estimated living cost  is ₽53512 per week

₽34798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
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.
₽13255
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
₽112268
₽79577
₽106208
₽107162
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

-
-
-
232 500
municipal
-
-
-
41 264
health
-
-
-
3 255
national
-
-
-
51 865
total
-
-
-
96 384
Employee
40 985
-
195 591
-
health
306
-
2 688
-
unemployment
615
-
2 934
-
pensions
2 766
-
13 203
-
national
677
-
35 466
-
municipal
6 713
-
31 818
-
total
11 077
-
86 109
-
Employer
40 985
-
195 591
-
health
315
-
1 506
-
pensions
7 111
-
33 934
-
accident
41
-
195
-
unemployment
266
-
1 271
-
total
7 733
-
36 906
-
Corporate
183 782
232 500
-
-
income
36 757
46 500
-
-
total
36 757
46 500
-
-
Dividends

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

110 269
139 500
-
-
municipal
19 849
25 110
-
-
national
14 908
23 820
-
-
total
34 757
48 930
-
-
Income
232 500
232 500
232 500
232 500
Total tax
90 324
95 430
123 015
96 384
After tax
142 176
137 070
109 485
136 116
Living cost
29 908
29 908
29 908
29 908
Free-cash
112 268
107 162
79 577
106 208

Estimated living cost  is ₽29908 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7020
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
₽88929
₽48136
₽73010
₽95988
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
-
-
-
232 500
communal

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

-
-
-
12 784
social contributions
-
-
-
19 422
national
-
-
-
98 881
total
-
-
-
131 087
Employee

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

55 722
-
180 079
-
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.

2 618
-
8 463
-
communal

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

2 906
-
9 393
-
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.

485
-
1 567
-
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.

4 179
-
13 506
-
national
17 131
-
70 613
-
total
27 319
-
103 542
-
Employer

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

55 722
-
180 079
-
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.

3 427
-
11 075
-
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.

4 938
-
15 955
-
surtax
6 318
-
20 421
-
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.

724
-
2 340
-
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.

813
-
2 628
-
total
16 220
-
52 419
-
Corporate
160 558
232 500
-
-
income
33 257
54 121
-
-
surtax
665
1 082
-
-
total
33 922
55 203
-
-
Dividends
126 635
177 297
-
-
withholding

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

37 707
52 906
-
-
total
37 707
52 906
-
-
Income
232 500
232 500
232 500
232 500
Total tax
115 168
108 109
155 961
131 087
After tax
117 332
124 391
76 539
101 413
Living cost
28 403
28 403
28 403
28 403
Free-cash
88 929
95 988
48 136
73 010

Estimated living cost  is ₽28403 per week

₽18295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
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.
₽7180
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
₽92603
₽79789
₽80603
₽93357
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
-
-
-
232 500
unemployment
-
-
-
74
municipal
-
-
-
62 972
other
-
-
-
8 554
health
-
-
-
4 593
national
-
-
-
34 011
accident
-
-
-
147
pensions
-
-
-
7 958
total
-
-
-
118 309
Employee
47 860
-
209 371
-
national
-
-
33 560
-
municipal
14 272
-
62 434
-
total
14 272
-
95 994
-
Employer
47 860
-
209 371
-
health
2 943
-
4 527
-
pensions
5 174
-
7 958
-
accident
96
-
147
-
unemployment
1 263
-
1 943
-
other
5 561
-
8 554
-
total
15 037
-
23 129
-
Corporate
169 603
232 500
-
-
income
37 313
51 150
-
-
total
37 313
51 150
-
-
Dividends
132 290
181 350
-
-
withholding
39 687
54 405
-
-
total
39 687
54 405
-
-
Income
232 500
232 500
232 500
232 500
Total tax
106 309
105 555
119 123
118 309
After tax
126 191
126 945
113 377
114 191
Living cost
33 588
33 588
33 588
33 588
Free-cash
92 603
93 357
79 789
80 603

Estimated living cost  is ₽33588 per week

₽22261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽7521
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
₽63604
₽184182
₽123647
₽104424
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
-
-
-
232 500
income
-
-
-
45 319
social contributions
-
-
-
26 505
total
-
-
-
71 824
Employee
53 095
-
-
-
income
11 712
-
-
-
social contributions
4 354
-
620
-
total
16 066
-
620
-
Employer
53 095
-
-
-
social contributions
74 863
-
10 669
-
total
74 863
-
10 669
-
Corporate
104 542
232 500
-
-
income
22 999
51 150
-
-
total
22 999
51 150
-
-
Dividends
81 543
181 350
-
-
income
17 939
39 897
-
-
total
17 939
39 897
-
-
Income
232 500
232 500
232 500
232 500
Total tax
131 867
91 047
11 289
71 824
After tax
100 633
141 453
221 211
160 676
Living cost
37 029
37 029
37 029
37 029
Free-cash
63 604
104 424
184 182
123 647

Estimated living cost  is ₽37029 per week

₽24026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽9049
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
₽140802
₽127089
₽128876
₽144032
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
-
-
-
232 500
income
-
-
-
59 824
health
-
-
-
5 929
social contributions
-
-
-
12 604
total
-
-
-
78 357
Employee
59 902
59 902
221 694
-
health
596
1 019
3 768
-
income
6 290
5 545
58 863
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
69 337
-
Employer
59 902
59 902
221 694
-
health
649
1 109
4 101
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
10 807
-
Corporate
193 877
166 518
-
-
income
24 235
20 815
-
-
total
24 235
20 815
-
-
Dividends
169 641
145 704
-
-
withholding
28 839
24 769
-
-
total
28 839
24 769
-
-
Income
232 500
232 500
232 500
232 500
Total tax
66 431
63 201
80 144
78 357
After tax
166 069
169 299
152 356
154 143
Living cost
25 267
25 267
25 267
25 267
Free-cash
140 802
144 032
127 089
128 876

Estimated living cost  is ₽25267 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5597
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
₽117918
₽98224
₽118716
₽113461
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
-
-
-
232 500
income
-
-
-
77 063
pensions
-
-
-
8 769
total
-
-
-
85 832
Employee
38 368
-
202 177
-
health
500
-
2 543
-
pensions
2 928
-
10 055
-
income
6 987
-
63 402
-
total
10 415
-
76 000
-
Employer
38 368
-
202 177
-
health
729
-
3 842
-
pensions
3 876
-
26 482
-
total
4 605
-
30 324
-
Corporate
189 527
232 500
-
-
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.

36 011
44 175
-
-
total
36 011
44 175
-
-
Dividends
153 516
188 325
-
-
withholding
35 599
46 912
-
-
total
35 599
46 912
-
-
Income
232 500
232 500
232 500
232 500
Total tax
86 630
91 087
106 324
85 832
After tax
145 870
141 413
126 176
146 668
Living cost
27 952
27 952
27 952
27 952
Free-cash
117 918
113 461
98 224
118 716

Estimated living cost  is ₽27952 per week

₽19175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
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.
₽5855
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
₽87887
₽75042
₽81440
₽91432
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
-
-
-
232 500
municipal
-
-
-
1 741
regional
-
-
-
6 184
social contributions
-
-
-
38 989
national
-
-
-
73 112
total
-
-
-
120 026
Employee
65 644
-
232 500
-
social contributions
22 135
-
51 115
-
regional
991
-
5 779
-
national
11 093
-
67 898
-
municipal
392
-
1 632
-
total
34 611
-
126 424
-
Employer
65 644
-
232 500
-
total
-
-
-
-
Corporate
166 856
232 500
-
-
nationa
40 046
55 800
-
-
municipal
8 042
11 207
-
-
total
48 088
67 007
-
-
Dividends
118 769
165 493
-
-
withholding
30 880
43 027
-
-
total
30 880
43 027
-
-
Income
232 500
232 500
232 500
232 500
Total tax
113 579
110 034
126 424
120 026
After tax
118 921
122 466
106 076
112 474
Living cost
31 034
31 034
31 034
31 034
Free-cash
87 887
91 432
75 042
81 440

Estimated living cost  is ₽31034 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6630
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
₽16255
₽112916
₽141772
₽2019
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
-
-
-
232 500
pensions
-
-
-
3 180
income
-
-
-
68 592
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
73 915
Employee
26 447
-
215 214
-
health
3 028
-
24 642
-
pensions
2 978
-
5 830
-
income
3 628
-
55 013
-
total
9 634
-
85 485
-
Employer
26 447
-
215 214
-
pensions
4 300
-
8 419
-
accident
441
-
3 594
-
unemployment
648
-
5 273
-
total
5 389
-
17 286
-
Corporate
200 663
232 500
-
-
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.

180 597
209 250
-
-
total
180 597
209 250
-
-
Dividends
20 066
23 250
-
-
withholding
3 812
4 418
-
-
total
3 812
4 418
-
-
Income
232 500
232 500
232 500
232 500
Total tax
199 432
213 668
102 771
73 915
After tax
33 068
18 832
129 729
158 585
Living cost
16 813
16 813
16 813
16 813
Free-cash
16 255
2 019
112 916
141 772

Estimated living cost  is ₽16813 per week

₽12322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽3208
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
₽99618
₽110134
₽81968
₽89423
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.

-
-
-
232 500
trade
-
-
-
28 166
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.

-
-
-
82 435
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.

-
-
-
5 322
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.

-
-
-
4 534
total
-
-
-
120 457
Employee

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

38 760
-
232 500
-
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.

5 322
-
5 322
-
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.

3 187
-
82 435
-
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.

176
-
4 534
-
total
8 685
-
92 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 740
232 500
-
-
income
29 060
34 875
-
-
trade
27 801
33 364
-
-
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.

1 598
1 919
-
-
chamber of commerce
402
460
-
-
total
58 861
70 618
-
-
Dividends
134 878
161 883
-
-
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.

1 838
2 210
-
-
withholding
33 423
40 174
-
-
total
35 261
42 384
-
-
Income
232 500
232 500
232 500
232 500
Total tax
102 807
113 002
92 291
120 457
After tax
129 693
119 498
140 209
112 043
Living cost
30 075
30 075
30 075
30 075
Free-cash
99 618
89 423
110 134
81 968

Estimated living cost  is ₽30075 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
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.
₽5656
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
₽163403
₽87891
₽72212
₽169793
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.

-
-
-
232 500
income
-
-
-
54 947
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.

-
-
-
29 847
surtax
-
-
-
59 287
total
-
-
-
144 081
Employee
22 763
-
189 310
-
income
4 052
-
47 551
-
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.

2 504
-
10 212
-
surtax
-
-
27 451
-
total
6 556
-
85 214
-
Employer
22 763
-
189 310
-
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.

5 483
-
22 365
-
surtax
-
-
20 823
-
total
5 483
-
43 188
-
Corporate
204 254
232 500
-
-
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%.

40 851
46 500
-
-
total
40 851
46 500
-
-
Dividends

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

163 403
186 000
-
-
total
-
-
-
-
Income
232 500
232 500
232 500
232 500
Total tax
52 890
46 500
128 402
144 081
After tax
179 610
186 000
104 098
88 419
Living cost
16 207
16 207
16 207
16 207
Free-cash
163 403
169 793
87 891
72 212

Estimated living cost  is ₽16207 per week

₽10339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
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.
₽3956
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
₽133575
₽134739
₽135441
₽135199
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
-
-
-
232 500
income
-
-
-
74 745
health
-
-
-
5 225
pensions
-
-
-
7 208
total
-
-
-
87 178
Employee
15 050
-
224 392
-
health
753
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
74 366
-
total
5 169
-
79 771
-
Employer
15 050
-
224 392
-
health
1 430
-
3 424
-
pensions
1 656
-
3 964
-
unemployment
301
-
721
-
total
3 387
-
8 109
-
Corporate
214 064
232 500
-
-
income
47 094
51 150
-
-
total
47 094
51 150
-
-
Dividends
166 970
181 350
-
-
withholding
33 394
36 270
-
-
total
33 394
36 270
-
-
Income
232 500
232 500
232 500
232 500
Total tax
89 044
87 420
87 880
87 178
After tax
143 456
145 080
144 620
145 322
Living cost
9 881
9 881
9 881
9 881
Free-cash
133 575
135 199
134 739
135 441

Estimated living cost  is ₽9881 per week

₽5872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
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.
₽2982
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
₽126268
₽86504
₽91266
₽128746
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
-
-
-
232 500
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
80 927
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
14 458
total
-
-
-
123 737
Employee
26 234
-
210 615
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
76 267
-
other
-
-
-
-
surtax
93
-
13 525
-
total
8 737
-
106 614
-
Employer
26 234
-
210 615
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
200 743
232 500
-
-
income
52 193
60 449
-
-
total
52 193
60 449
-
-
Dividends
148 550
172 051
-
-
withholding
22 282
25 808
-
-
total
22 282
25 808
-
-
Income
232 500
232 500
232 500
232 500
Total tax
88 735
86 257
128 499
123 737
After tax
143 765
146 243
104 001
108 763
Living cost
17 497
17 497
17 497
17 497
Free-cash
126 268
128 746
86 504
91 266

Estimated living cost  is ₽17497 per week

₽10564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
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.
₽5007
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
₽102576
₽34557
₽93477
₽102963
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
-
-
-
232 500
pensions
-
-
-
16 836