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
₽ 244500
per

Your estimated
City
free-cash

Valencia , Spain
₽136680
₽111182
₽114470
₽140140
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
-
-
-
244 500
unemployment
-
-
-
509
income
-
-
-
86 689
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 555
total
-
-
-
108 480
Employee
28 977
-
221 343
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
83 998
-
other
28
-
73
-
total
7 426
-
88 612
-
Employer
28 977
-
221 343
-
pensions
6 838
-
17 142
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
581
-
total
9 238
-
23 156
-
Corporate
206 285
244 500
-
-
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.

30 943
36 675
-
-
total
30 943
36 675
-
-
Dividends
175 342
207 825
-
-
withholding
38 663
46 135
-
-
total
38 663
46 135
-
-
Income
244 500
244 500
244 500
244 500
Total tax
86 270
82 810
111 768
108 480
After tax
158 230
161 690
132 732
136 020
Living cost
21 550
21 550
21 550
21 550
Free-cash
136 680
140 140
111 182
114 470

Estimated living cost  is ₽21550 per week

₽14546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽153458
₽134317
₽136180
₽158751
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
-
-
-
244 500
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.

-
-
-
28 601
income
-
-
-
47 933
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
87 438
Employee
28 454
-
213 713
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 341
-
income
4 899
-
47 312
-
total
7 573
-
58 513
-
Employer
28 454
-
213 713
-
health
399
-
1 669
-
pensions

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

4 838
-
20 260
-
accident
228
-
1 710
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 788
-
Corporate
208 875
244 500
-
-
income
43 864
51 346
-
-
total
43 864
51 346
-
-
Dividends
165 011
193 154
-
-
withholding
11 551
13 521
-
-
total
11 551
13 521
-
-
Income
244 500
244 500
244 500
244 500
Total tax
70 160
64 867
89 301
87 438
After tax
174 340
179 633
155 199
157 062
Living cost
20 882
20 882
20 882
20 882
Free-cash
153 458
158 751
134 317
136 180

Estimated living cost  is ₽20882 per week

₽14754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽195136
₽200986
₽190249
₽198777
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
-
-
-
244 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
36 675
health
-
-
-
3 147
total
-
-
-
43 981
Employee
13 600
-
239 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
23 913
-
total
3 330
-
27 876
-
Employer
13 600
-
239 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
228 232
244 500
-
-
income
22 823
24 450
-
-
total
22 823
24 450
-
-
Dividends
205 409
220 050
-
-
withholding
10 271
11 003
-
-
total
10 271
11 003
-
-
Income
244 500
244 500
244 500
244 500
Total tax
39 093
35 453
33 244
43 981
After tax
205 407
209 047
211 256
200 519
Living cost
10 270
10 270
10 270
10 270
Free-cash
195 136
198 777
200 986
190 249

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽101047
₽89579
₽101072
₽96416
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
-
-
-
244 500
income
-
-
-
54 959
other
-
-
-
7 580
health
-
-
-
13 661
social contributions
-
-
-
6 967
pensions
-
-
-
33 449
surtax
-
-
-
-
total
-
-
-
116 616
Employee
33 540
-
183 515
-
pensions
3 792
-
15 130
-
income
1 979
-
46 765
-
social contributions
956
-
5 229
-
surtax
-
-
-
-
total
6 727
-
67 124
-
Employer
33 540
-
183 515
-
health
2 348
-
19 785
-
social contributions
101
-
550
-
pensions
5 510
-
25 049
-
unemployment
1 358
-
7 433
-
other
1 157
-
8 168
-
total
10 474
-
60 985
-
Corporate
200 486
244 500
-
-
income
56 136
68 460
-
-
surtax
-
-
-
-
total
56 136
68 460
-
-
Dividends
144 350
176 040
-
-
social contributions
24 828
30 279
-
-
surtax
-
-
-
-
withholding
18 476
22 533
-
-
total
43 304
52 812
-
-
Income
244 500
244 500
244 500
244 500
Total tax
116 641
121 272
128 109
116 616
After tax
127 859
123 228
116 391
127 884
Living cost
26 812
26 812
26 812
26 812
Free-cash
101 047
96 416
89 579
101 072

Estimated living cost  is ₽26812 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽85007
₽123416
₽94746
₽89807
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
-
-
-
244 500
pensions
-
-
-
9 182
income
-
-
-
98 079
health
-
-
-
9 664
total
-
-
-
116 925
Employee
66 922
66 922
229 936
-
health
10 272
8 737
9 664
-
pensions
12 046
9 182
9 182
-
income

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

10 954
10 954
54 844
-
total
33 272
28 873
73 690
-
Employer
66 922
66 922
229 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
166 680
165 859
-
-
income
33 336
33 173
-
-
total
33 336
33 173
-
-
Dividends
133 344
132 687
-
-
income
28 335
28 196
-
-
withholding
20 002
19 903
-
-
total
48 337
48 099
-
-
Income
244 500
244 500
244 500
244 500
Total tax
126 664
121 864
88 255
116 925
After tax
117 836
122 636
156 245
127 575
Living cost
32 829
32 829
32 829
32 829
Free-cash
85 007
89 807
123 416
94 746

Estimated living cost  is ₽32829 per week

₽23265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6082
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
₽108073
₽123221
₽90452
₽99406
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.

-
-
-
244 500
trade
-
-
-
32 769
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.

-
-
-
87 382
health

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

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

-
-
-
5 354
surtax

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

-
-
-
4 806
total
-
-
-
130 311
Employee

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

29 974
-
244 500
-
health

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

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

5 354
-
5 354
-
income

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

837
-
87 382
-
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
-
4 806
-
total
6 237
-
97 542
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
214 526
244 500
-
-
income
32 179
36 675
-
-
trade
33 788
38 508
-
-
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.

1 770
2 017
-
-
chamber of commerce
427
470
-
-
total
68 164
77 670
-
-
Dividends
146 362
166 830
-
-
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.

1 996
2 277
-
-
withholding
36 293
41 410
-
-
total
38 289
43 687
-
-
Income
244 500
244 500
244 500
244 500
Total tax
112 690
121 357
97 542
130 311
After tax
131 810
123 143
146 958
114 189
Living cost
23 737
23 737
23 737
23 737
Free-cash
108 073
99 406
123 221
90 452

Estimated living cost  is ₽23737 per week

₽14931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽155610
₽141779
₽143642
₽159875
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
-
-
-
244 500
income
-
-
-
63 801
health
-
-
-
6 234
social contributions
-
-
-
12 679
total
-
-
-
82 714
Employee
60 260
60 260
233 436
-
health
467
1 025
3 968
-
income
6 561
5 578
62 798
-
social contributions
2 278
5 001
6 746
-
total
9 306
11 604
73 512
-
Employer
60 260
60 260
233 436
-
health
507
1 115
4 319
-
social contributions
2 278
5 001
6 746
-
total
2 785
6 116
11 065
-
Corporate
214 264
178 123
-
-
income
26 784
22 266
-
-
total
26 784
22 266
-
-
Dividends
187 480
155 857
-
-
withholding
31 871
26 495
-
-
total
31 871
26 495
-
-
Income
244 500
244 500
244 500
244 500
Total tax
70 746
66 481
84 577
82 714
After tax
173 754
178 019
159 923
161 786
Living cost
18 144
18 144
18 144
18 144
Free-cash
155 610
159 875
141 779
143 642

Estimated living cost  is ₽18144 per week

₽10874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽113701
₽77892
₽99529
₽114490
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.

-
-
-
244 500
income
-
-
-
35 426
social contributions

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

-
-
-
84 964
surtax
-
-
-
-
total
-
-
-
120 390
Employee
36 043
-
197 576
-
income
7 497
-
71 948
-
social contributions
3 965
-
21 733
-
surtax
-
-
1 422
-
total
11 462
-
95 103
-
Employer
36 043
-
197 576
-
social contributions
8 560
-
46 924
-
total
8 560
-
46 924
-
Corporate
199 897
244 500
-
-
income
41 978
51 346
-
-
surtax
-
-
-
-
total
41 978
51 346
-
-
Dividends
157 919
193 154
-
-
withholding
44 218
54 083
-
-
total
44 218
54 083
-
-
Income
244 500
244 500
244 500
244 500
Total tax
106 218
105 429
142 027
120 390
After tax
138 282
139 071
102 473
124 110
Living cost
24 581
24 581
24 581
24 581
Free-cash
113 701
114 490
77 892
99 529

Estimated living cost  is ₽24581 per week

₽18392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽225063
₽189526
₽235555
₽226201
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%.

-
-
-
244 500
microenterprise

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

-
-
-
2 871
total
-
-
-
2 871
Employee
7 592
-
244 500
-
income
1 518
-
48 900
-
total
1 518
-
48 900
-
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%.

236 908
244 500
-
-
total
-
-
-
-
Dividends
236 908
244 500
-
-
withholding
11 845
12 225
-
-
total
11 845
12 225
-
-
Income
244 500
244 500
244 500
244 500
Total tax
13 363
12 225
48 900
2 871
After tax
231 137
232 275
195 600
241 629
Living cost
6 074
6 074
6 074
6 074
Free-cash
225 063
226 201
189 526
235 555

Estimated living cost  is ₽6074 per week

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

Additional information

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

Ljubljana , Slovenia
₽140763
₽79989
₽85296
₽147319
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.

-
-
-
244 500
pensions
-
-
-
44 652
unemployment
-
-
-
367
income
-
-
-
69 106
health
-
-
-
24 059
total
-
-
-
138 184
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.

34 654
-
211 561
-
health
2 238
-
13 667
-
unemployment
49
-
296
-
pensions
5 372
-
32 792
-
income
5 976
-
63 798
-
total
13 635
-
110 553
-
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.

34 654
-
211 561
-
health
2 308
-
14 089
-
pensions
3 067
-
18 723
-
unemployment
21
-
126
-
total
5 396
-
32 938
-
Corporate
204 451
244 500
-
-
income
38 846
46 454
-
-
total
38 846
46 454
-
-
Dividends
165 605
198 046
-
-
withholding
24 840
29 707
-
-
total
24 840
29 707
-
-
Income
244 500
244 500
244 500
244 500
Total tax
82 717
76 161
143 491
138 184
After tax
161 783
168 339
101 009
106 316
Living cost
21 020
21 020
21 020
21 020
Free-cash
140 763
147 319
79 989
85 296

Estimated living cost  is ₽21020 per week

₽14425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽129076
₽138901
₽174423
₽126338
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.

-
-
-
244 500
income
-
-
-
36 675
health

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

-
-
-
4 955
total
-
-
-
41 630
Employee
35 950
-
240 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
69 942
-
total
7 503
-
73 547
-
Employer
35 950
-
240 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
204 948
244 500
-
-
income
71 732
85 575
-
-
total
71 732
85 575
-
-
Dividends
133 217
158 925
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
244 500
244 500
244 500
244 500
Total tax
86 977
89 715
77 152
41 630
After tax
157 523
154 785
167 348
202 870
Living cost
28 447
28 447
28 447
28 447
Free-cash
129 076
126 338
138 901
174 423

Estimated living cost  is ₽28447 per week

₽18738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽132958
₽71690
₽140400
₽132551
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
-
-
-
244 500
income
-
-
-
36 675
health
-
-
-
17 067
social contributions
-
-
-
33 741
total
-
-
-
87 483
Employee
26 571
-
244 500
-
health
1 854
-
17 067
-
income
4 432
-
105 385
-
social contributions
3 667
-
33 741
-
total
9 953
-
156 193
-
Employer
26 571
-
244 500
-
total
-
-
-
-
Corporate
217 929
244 500
-
-
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%.

10 896
12 224
-
-
total
10 896
12 224
-
-
Dividends
207 033
232 276
-
-
social contributions
28 570
32 054
-
-
withholding
31 055
34 841
-
-
health
14 451
16 213
-
-
total
74 076
83 108
-
-
Income
244 500
244 500
244 500
244 500
Total tax
94 925
95 332
156 193
87 483
After tax
149 575
149 168
88 307
157 017
Living cost
16 617
16 617
16 617
16 617
Free-cash
132 958
132 551
71 690
140 400

Estimated living cost  is ₽16617 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽138577
₽117524
₽129187
₽146401
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
-
-
-
244 500
income
-
-
-
27 881
health
-
-
-
33 008
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
6 870
total
-
-
-
93 376
Employee
32 261
-
204 191
-
health
4 355
-
27 566
-
solidarity contribution
-
-
5 824
-
income
3 871
-
25 638
-
social contributions
2 097
-
5 702
-
total
10 323
-
64 730
-
Employer
32 261
-
204 191
-
health
2 903
-
18 377
-
social contributions
8 065
-
21 932
-
total
10 968
-
40 309
-
Corporate
201 271
244 500
-
-
income
38 241
46 455
-
-
total
38 241
46 455
-
-
Dividends
163 029
198 045
-
-
withholding
24 454
29 707
-
-
total
24 454
29 707
-
-
Income
244 500
244 500
244 500
244 500
Total tax
83 986
76 162
105 039
93 376
After tax
160 514
168 338
139 461
151 124
Living cost
21 937
21 937
21 937
21 937
Free-cash
138 577
146 401
117 524
129 187

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽221036
₽186135
₽232164
₽222810
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%.

-
-
-
244 500
microenterprise

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

-
-
-
2 871
total
-
-
-
2 871
Employee
11 832
-
244 500
-
income
2 366
-
48 900
-
total
2 366
-
48 900
-
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%.

232 668
244 500
-
-
total
-
-
-
-
Dividends
232 668
244 500
-
-
withholding
11 633
12 225
-
-
total
11 633
12 225
-
-
Income
244 500
244 500
244 500
244 500
Total tax
13 999
12 225
48 900
2 871
After tax
230 501
232 275
195 600
241 629
Living cost
9 465
9 465
9 465
9 465
Free-cash
221 036
222 810
186 135
232 164

Estimated living cost  is ₽9465 per week

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

Additional information

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

Paris , France
₽90765
₽78541
₽90034
₽85378
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
-
-
-
244 500
income
-
-
-
54 959
other
-
-
-
7 580
health
-
-
-
13 661
social contributions
-
-
-
6 967
pensions
-
-
-
33 449
surtax
-
-
-
-
total
-
-
-
116 616
Employee
49 083
-
183 515
-
pensions
5 552
-
15 130
-
income
4 283
-
46 765
-
social contributions
1 398
-
5 229
-
surtax
-
-
-
-
total
11 233
-
67 124
-
Employer
49 083
-
183 515
-
health
3 435
-
19 785
-
social contributions
147
-
550
-
pensions
8 065
-
25 049
-
unemployment
1 988
-
7 433
-
other
1 694
-
8 168
-
total
15 329
-
60 985
-
Corporate
180 088
244 500
-
-
income
50 425
68 460
-
-
surtax
-
-
-
-
total
50 425
68 460
-
-
Dividends
129 663
176 040
-
-
social contributions
22 301
30 279
-
-
surtax
-
-
-
-
withholding
16 597
22 533
-
-
total
38 898
52 812
-
-
Income
244 500
244 500
244 500
244 500
Total tax
115 885
121 272
128 109
116 616
After tax
128 615
123 228
116 391
127 884
Living cost
37 850
37 850
37 850
37 850
Free-cash
90 765
85 378
78 541
90 034

Estimated living cost  is ₽37850 per week

₽25616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽159294
₽151300
₽151300
₽163139
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.

-
-
-
244 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
57 861
health
-
-
-
5 948
total
-
-
-
79 688
Employee

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

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

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

20 376
-
234 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
57 861
-
total
6 864
-
69 352
-
Employer

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

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

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

20 376
-
234 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
220 477
244 500
-
-
income
33 072
36 675
-
-
total
33 072
36 675
-
-
Dividends
187 406
207 825
-
-
withholding
28 111
31 174
-
-
total
28 111
31 174
-
-
Income
244 500
244 500
244 500
244 500
Total tax
71 694
67 849
79 688
79 688
After tax
172 806
176 651
164 812
164 812
Living cost
13 512
13 512
13 512
13 512
Free-cash
159 294
163 139
151 300
151 300

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽81315
₽126350
₽132995
₽58514
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
-
-
-
244 500
pensions
-
-
-
22 494
city
-
-
-
2 587
other

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

-
-
-
4 057
health
-
-
-
550
regional
-
-
-
16 885
national
-
-
-
11 643
total
-
-
-
58 216
Employee
62 361
-
221 690
-
health
141
-
498
-
unemployment
-
-
1 109
-
city
669
-
2 414
-
pensions
5 239
-
14 916
-
regional
2 042
-
15 293
-
national
295
-
10 051
-
total
8 386
-
44 281
-
Employer
62 361
-
221 690
-
health
141
-
498
-
pensions
5 239
-
14 916
-
unemployment
-
-
1 109
-
other

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

1 247
-
4 057
-
total
6 627
-
20 580
-
Corporate
174 826
244 500
-
-
regional
36 975
51 712
-
-
national
14 861
20 783
-
-
total
51 836
72 495
-
-
Dividends
122 990
172 005
-
-
withholding
43 047
60 202
-
-
total
43 047
60 202
-
-
Income
244 500
244 500
244 500
244 500
Total tax
109 896
132 697
64 861
58 216
After tax
134 604
111 803
179 639
186 284
Living cost
53 289
53 289
53 289
53 289
Free-cash
81 315
58 514
126 350
132 995

Estimated living cost  is ₽53289 per week

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

Additional information

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

Helsinki , Finland
₽118518
₽84138
₽112144
₽113155
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

-
-
-
244 500
municipal
-
-
-
43 391
health
-
-
-
3 438
national
-
-
-
55 440
total
-
-
-
102 269
Employee
41 230
-
205 687
-
health
308
-
2 840
-
unemployment
619
-
3 086
-
pensions
2 782
-
13 884
-
national
681
-
38 194
-
municipal
6 753
-
33 458
-
total
11 143
-
91 462
-
Employer
41 230
-
205 687
-
health
317
-
1 584
-
pensions
7 153
-
35 687
-
accident
42
-
205
-
unemployment
268
-
1 337
-
total
7 780
-
38 813
-
Corporate
195 490
244 500
-
-
income
39 097
48 901
-
-
total
39 097
48 901
-
-
Dividends

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

117 295
146 699
-
-
municipal
21 113
26 406
-
-
national
16 762
25 951
-
-
total
37 875
52 357
-
-
Income
244 500
244 500
244 500
244 500
Total tax
95 895
101 258
130 275
102 269
After tax
148 605
143 242
114 225
142 231
Living cost
30 087
30 087
30 087
30 087
Free-cash
118 518
113 155
84 138
112 144

Estimated living cost  is ₽30087 per week

₽19653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽94689
₽51566
₽78115
₽101791
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
-
-
-
244 500
communal

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

-
-
-
13 497
social contributions
-
-
-
19 538
national
-
-
-
104 776
total
-
-
-
137 811
Employee

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

56 056
-
189 374
-
health

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

2 634
-
8 901
-
communal

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

2 924
-
9 878
-
unemployment

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

488
-
1 648
-
pensions

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

4 204
-
14 202
-
national
17 234
-
74 606
-
total
27 484
-
109 235
-
Employer

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

56 056
-
189 374
-
health

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

3 447
-
11 646
-
pensions

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

4 967
-
16 778
-
surtax
6 356
-
21 475
-
accident

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

729
-
2 461
-
unemployment

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

818
-
2 765
-
total
16 317
-
55 125
-
Corporate
172 127
244 500
-
-
income
36 532
57 520
-
-
surtax
730
1 151
-
-
total
37 262
58 671
-
-
Dividends
134 865
185 829
-
-
withholding

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

40 174
55 464
-
-
total
40 174
55 464
-
-
Income
244 500
244 500
244 500
244 500
Total tax
121 237
114 135
164 360
137 811
After tax
123 263
130 365
80 140
106 689
Living cost
28 574
28 574
28 574
28 574
Free-cash
94 689
101 791
51 566
78 115

Estimated living cost  is ₽28574 per week

₽18405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽98720
₽84890
₽85716
₽99484
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
-
-
-
244 500
unemployment
-
-
-
75
municipal
-
-
-
66 470
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
36 706
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
124 771
Employee
48 465
-
221 078
-
national
-
-
36 250
-
municipal
14 452
-
65 926
-
total
14 452
-
102 176
-
Employer
48 465
-
221 078
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
180 808
244 500
-
-
income
39 778
53 790
-
-
total
39 778
53 790
-
-
Dividends
141 030
190 710
-
-
withholding
42 309
57 213
-
-
total
42 309
57 213
-
-
Income
244 500
244 500
244 500
244 500
Total tax
111 767
111 003
125 597
124 771
After tax
132 733
133 497
118 903
119 729
Living cost
34 013
34 013
34 013
34 013
Free-cash
98 720
99 484
84 890
85 716

Estimated living cost  is ₽34013 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽69121
₽195074
₽131092
₽110877
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
-
-
-
244 500
income
-
-
-
47 658
social contributions
-
-
-
27 873
total
-
-
-
75 531
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
113 612
244 500
-
-
income
24 995
53 790
-
-
total
24 995
53 790
-
-
Dividends
88 618
190 710
-
-
income
19 496
41 956
-
-
total
19 496
41 956
-
-
Income
244 500
244 500
244 500
244 500
Total tax
137 502
95 746
11 549
75 531
After tax
106 998
148 754
232 951
168 969
Living cost
37 877
37 877
37 877
37 877
Free-cash
69 121
110 877
195 074
131 092

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽149351
₽134505
₽136368
₽152601
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
-
-
-
244 500
income
-
-
-
63 801
health
-
-
-
6 234
social contributions
-
-
-
12 679
total
-
-
-
82 714
Employee
60 260
60 260
233 436
-
health
599
1 025
3 968
-
income
6 328
5 578
62 798
-
social contributions
2 928
5 001
6 746
-
total
9 855
11 604
73 512
-
Employer
60 260
60 260
233 436
-
health
653
1 115
4 319
-
social contributions
2 928
5 001
6 746
-
total
3 581
6 116
11 065
-
Corporate
205 645
178 123
-
-
income
25 706
22 266
-
-
total
25 706
22 266
-
-
Dividends
179 940
155 857
-
-
withholding
30 589
26 495
-
-
total
30 589
26 495
-
-
Income
244 500
244 500
244 500
244 500
Total tax
69 731
66 481
84 577
82 714
After tax
174 769
178 019
159 923
161 786
Living cost
25 418
25 418
25 418
25 418
Free-cash
149 351
152 601
134 505
136 368

Estimated living cost  is ₽25418 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5630
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
₽124416
₽104139
₽125654
₽119933
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
-
-
-
244 500
income
-
-
-
81 673
pensions
-
-
-
9 037
total
-
-
-
90 710
Employee
38 621
-
212 557
-
health
504
-
2 649
-
pensions
2 948
-
10 303
-
income
7 033
-
67 330
-
total
10 485
-
80 282
-
Employer
38 621
-
212 557
-
health
734
-
4 039
-
pensions
3 902
-
27 904
-
total
4 636
-
31 943
-
Corporate
201 243
244 500
-
-
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.

38 237
46 454
-
-
total
38 237
46 454
-
-
Dividends
163 007
198 046
-
-
withholding
38 590
49 977
-
-
total
38 590
49 977
-
-
Income
244 500
244 500
244 500
244 500
Total tax
91 948
96 431
112 225
90 710
After tax
152 552
148 069
132 275
153 790
Living cost
28 136
28 136
28 136
28 136
Free-cash
124 416
119 933
104 139
125 654

Estimated living cost  is ₽28136 per week

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

Additional information

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

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

Rome , Italy
₽94001
₽81089
₽87527
₽97567
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
-
-
-
244 500
municipal
-
-
-
1 847
regional
-
-
-
6 574
social contributions
-
-
-
39 222
national
-
-
-
78 111
total
-
-
-
125 754
Employee
66 037
-
244 500
-
social contributions
22 267
-
51 421
-
regional
997
-
6 168
-
national
11 160
-
72 866
-
municipal
394
-
1 737
-
total
34 818
-
132 192
-
Employer
66 037
-
244 500
-
total
-
-
-
-
Corporate
178 463
244 500
-
-
nationa
42 832
58 680
-
-
municipal
8 602
11 784
-
-
total
51 434
70 464
-
-
Dividends
127 030
174 036
-
-
withholding
33 028
45 250
-
-
total
33 028
45 250
-
-
Income
244 500
244 500
244 500
244 500
Total tax
119 280
115 714
132 192
125 754
After tax
125 220
128 786
112 308
118 746
Living cost
31 219
31 219
31 219
31 219
Free-cash
94 001
97 567
81 089
87 527

Estimated living cost  is ₽31219 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽17236
₽119953
₽150006
₽3068
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
-
-
-
244 500
pensions
-
-
-
3 165
income
-
-
-
72 459
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
77 757
Employee
26 328
-
226 775
-
health
3 015
-
25 966
-
pensions
2 965
-
5 804
-
income
3 612
-
58 316
-
total
9 592
-
90 086
-
Employer
26 328
-
226 775
-
pensions
4 281
-
8 381
-
accident
440
-
3 787
-
unemployment
645
-
5 556
-
total
5 366
-
17 724
-
Corporate
212 807
244 500
-
-
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.

191 526
220 050
-
-
total
191 526
220 050
-
-
Dividends
21 281
24 450
-
-
withholding
4 043
4 645
-
-
total
4 043
4 645
-
-
Income
244 500
244 500
244 500
244 500
Total tax
210 527
224 695
107 810
77 757
After tax
33 973
19 805
136 690
166 743
Living cost
16 737
16 737
16 737
16 737
Free-cash
17 236
3 068
119 953
150 006

Estimated living cost  is ₽16737 per week

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

Additional information

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

Berlin , Germany
₽105653
₽116703
₽86845
₽95402
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.

-
-
-
244 500
trade
-
-
-
29 858
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.

-
-
-
87 382
health

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

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

-
-
-
5 354
surtax

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

-
-
-
4 806
total
-
-
-
127 400
Employee

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

38 992
-
244 500
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
87 382
-
surtax

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

177
-
4 806
-
total
8 737
-
97 542
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 508
244 500
-
-
income
30 826
36 675
-
-
trade
29 490
35 086
-
-
surtax

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

1 695
2 017
-
-
chamber of commerce
421
477
-
-
total
62 432
74 255
-
-
Dividends
143 075
170 245
-
-
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.

1 951
2 324
-
-
withholding
35 472
42 264
-
-
total
37 423
44 588
-
-
Income
244 500
244 500
244 500
244 500
Total tax
108 592
118 843
97 542
127 400
After tax
135 908
125 657
146 958
117 100
Living cost
30 255
30 255
30 255
30 255
Free-cash
105 653
95 402
116 703
86 845

Estimated living cost  is ₽30255 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽172868
₽93587
₽77215
₽179295
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.

-
-
-
244 500
income
-
-
-
58 607
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.

-
-
-
30 026
surtax
-
-
-
62 348
total
-
-
-
150 981
Employee
22 899
-
200 001
-
income
4 076
-
50 837
-
social contributions

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

2 519
-
10 273
-
surtax
-
-
29 000
-
total
6 595
-
90 110
-
Employer
22 899
-
200 001
-
social contributions

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

5 516
-
22 499
-
surtax
-
-
22 000
-
total
5 516
-
44 499
-
Corporate
216 085
244 500
-
-
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%.

43 217
48 901
-
-
total
43 217
48 901
-
-
Dividends

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

172 868
195 599
-
-
total
-
-
-
-
Income
244 500
244 500
244 500
244 500
Total tax
55 328
48 901
134 609
150 981
After tax
189 172
195 599
109 891
93 519
Living cost
16 304
16 304
16 304
16 304
Free-cash
172 868
179 295
93 587
77 215

Estimated living cost  is ₽16304 per week

₽10401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽141224
₽142767
₽143461
₽142825
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
-
-
-
244 500
income
-
-
-
79 037
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
91 296
Employee
14 840
-
236 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
78 664
-
total
5 097
-
83 994
-
Employer
14 840
-
236 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
226 321
244 500
-
-
income
49 791
53 790
-
-
total
49 791
53 790
-
-
Dividends
176 530
190 710
-
-
withholding
35 306
38 142
-
-
total
35 306
38 142
-
-
Income
244 500
244 500
244 500
244 500
Total tax
93 533
91 932
91 990
91 296
After tax
150 967
152 568
152 510
153 204
Living cost
9 743
9 743
9 743
9 743
Free-cash
141 224
142 825
142 767
143 461

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽133694
₽91901
₽96693
₽136189
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
-
-
-
244 500
pensions
-
-
-
20 918
unemployment
-
-
-
178
income
-
-
-
86 185
other
-
-
-
-
health
-
-
-
7 425
surtax
-
-
-
15 499
total
-
-
-
130 205
Employee
26 391
-
222 484
-
health
674
-
2 666
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 976
-
income
4 424
-
81 498
-
other
-
-
-
-
surtax
94
-
14 561
-
total
8 790
-
112 981
-
Employer
26 391
-
222 484
-
health
1 200
-
4 759
-
pensions
3 519
-
13 942
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 016
-
Corporate
212 553
244 500
-
-
income
55 264
63 570
-
-
total
55 264
63 570
-
-
Dividends
157 289
180 930
-
-
withholding
23 594
27 139
-
-
total
23 594
27 139
-
-
Income
244 500
244 500
244 500
244 500
Total tax
93 204
90 709
134 997
130 205
After tax
151 296
153 791
109 503
114 295
Living cost
17 602
17 602
17 602
17 602
Free-cash
133 694
136 189
91 901
96 693

Estimated living cost  is ₽17602 per week

₽10627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽108958
₽37233
₽99296
₽109347
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
-
-
-
244 500
pensions
-
-
-
16 937