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
₽ 245500
per

Your estimated
City
free-cash

Valencia , Spain
₽137335
₽111730
₽115020
₽140794
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
-
-
-
245 500
unemployment
-
-
-
509
income
-
-
-
87 137
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
108 929
Employee
28 978
-
222 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
84 447
-
other
28
-
73
-
total
7 426
-
89 061
-
Employer
28 978
-
222 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
207 283
245 500
-
-
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.

31 092
36 825
-
-
total
31 092
36 825
-
-
Dividends
176 191
208 675
-
-
withholding
38 858
46 330
-
-
total
38 858
46 330
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 614
83 155
112 219
108 929
After tax
158 886
162 345
133 281
136 571
Living cost
21 551
21 551
21 551
21 551
Free-cash
137 335
140 794
111 730
115 020

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽154192
₽135059
₽136929
₽159487
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
-
-
-
245 500
pensions

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

-
-
-
28 602
income
-
-
-
48 182
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
87 688
Employee
28 456
-
214 704
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
47 559
-
total
7 573
-
58 761
-
Employer
28 456
-
214 704
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
1 718
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 797
-
Corporate
209 873
245 500
-
-
income
44 074
51 555
-
-
total
44 074
51 555
-
-
Dividends
165 799
193 945
-
-
withholding
11 606
13 575
-
-
total
11 606
13 575
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 425
65 130
89 558
87 688
After tax
175 075
180 370
155 942
157 812
Living cost
20 883
20 883
20 883
20 883
Free-cash
154 192
159 487
135 059
136 929

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽195992
₽201885
₽191098
₽199632
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
-
-
-
245 500
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
-
-
-
36 825
health
-
-
-
3 147
total
-
-
-
44 131
Employee
13 600
-
240 132
-
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
-
24 013
-
total
3 330
-
27 976
-
Employer
13 600
-
240 132
-
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
229 232
245 500
-
-
income
22 923
24 550
-
-
total
22 923
24 550
-
-
Dividends
206 309
220 950
-
-
withholding
10 315
11 047
-
-
total
10 315
11 047
-
-
Income
245 500
245 500
245 500
245 500
Total tax
39 237
35 597
33 344
44 131
After tax
206 263
209 903
212 156
201 369
Living cost
10 270
10 270
10 270
10 270
Free-cash
195 992
199 632
201 885
191 098

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
₽101547
₽89946
₽101533
₽96920
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
-
-
-
245 500
income
-
-
-
55 281
other
-
-
-
7 610
health
-
-
-
13 735
social contributions
-
-
-
6 994
pensions
-
-
-
33 534
surtax
-
-
-
-
total
-
-
-
117 154
Employee
33 541
-
184 237
-
pensions
3 792
-
15 204
-
income
1 980
-
47 023
-
social contributions
956
-
5 250
-
surtax
-
-
-
-
total
6 728
-
67 477
-
Employer
33 541
-
184 237
-
health
2 348
-
19 878
-
social contributions
101
-
553
-
pensions
5 510
-
25 166
-
unemployment
1 358
-
7 461
-
other
1 157
-
8 206
-
total
10 474
-
61 264
-
Corporate
201 484
245 500
-
-
income
56 415
68 740
-
-
surtax
-
-
-
-
total
56 415
68 740
-
-
Dividends
145 069
176 760
-
-
social contributions
24 953
30 402
-
-
surtax
-
-
-
-
withholding
18 570
22 625
-
-
total
43 523
53 027
-
-
Income
245 500
245 500
245 500
245 500
Total tax
117 140
121 767
128 741
117 154
After tax
128 360
123 733
116 759
128 346
Living cost
26 813
26 813
26 813
26 813
Free-cash
101 547
96 920
89 946
101 533

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽85513
₽124054
₽95229
₽90317
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
-
-
-
245 500
pensions
-
-
-
9 182
income
-
-
-
98 594
health
-
-
-
9 664
total
-
-
-
117 440
Employee
66 925
66 925
230 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
55 204
-
total
33 274
28 874
74 050
-
Employer
66 925
66 925
230 936
-
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
167 676
166 855
-
-
income
33 536
33 370
-
-
total
33 536
33 370
-
-
Dividends
134 141
133 485
-
-
income
28 506
28 366
-
-
withholding
20 121
20 023
-
-
total
48 627
48 389
-
-
Income
245 500
245 500
245 500
245 500
Total tax
127 156
122 352
88 615
117 440
After tax
118 344
123 148
156 885
128 060
Living cost
32 831
32 831
32 831
32 831
Free-cash
85 513
90 317
124 054
95 229

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽108575
₽123777
₽90850
₽99907
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.

-
-
-
245 500
trade
-
-
-
32 927
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.

-
-
-
87 802
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.

-
-
-
4 829
total
-
-
-
130 912
Employee

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

29 975
-
245 500
-
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
-
87 802
-
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
-
4 829
-
total
6 237
-
97 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
215 525
245 500
-
-
income
32 329
36 825
-
-
trade
33 945
38 666
-
-
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.

1 779
2 026
-
-
chamber of commerce
428
471
-
-
total
68 481
77 988
-
-
Dividends
147 044
167 511
-
-
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.

2 005
2 287
-
-
withholding
36 464
41 580
-
-
total
38 469
43 867
-
-
Income
245 500
245 500
245 500
245 500
Total tax
113 187
121 855
97 985
130 912
After tax
132 313
123 645
147 515
114 588
Living cost
23 738
23 738
23 738
23 738
Free-cash
108 575
99 907
123 777
90 850

Estimated living cost  is ₽23738 per week

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

Additional information

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

Larnaca , Cyprus
₽156335
₽142406
₽144274
₽160598
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
-
-
-
245 500
income
-
-
-
64 141
health
-
-
-
6 260
social contributions
-
-
-
12 680
total
-
-
-
83 081
Employee
60 263
60 263
234 417
-
health
467
1 025
3 986
-
income
6 562
5 579
63 134
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
73 866
-
Employer
60 263
60 263
234 417
-
health
507
1 115
4 337
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
11 083
-
Corporate
215 262
179 120
-
-
income
26 908
22 390
-
-
total
26 908
22 390
-
-
Dividends
188 354
156 730
-
-
withholding
32 020
26 644
-
-
total
32 020
26 644
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 020
66 757
84 949
83 081
After tax
174 480
178 743
160 551
162 419
Living cost
18 145
18 145
18 145
18 145
Free-cash
156 335
160 598
142 406
144 274

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽114270
₽78249
₽99999
₽115058
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.

-
-
-
245 500
income
-
-
-
35 607
social contributions

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

-
-
-
85 312
surtax
-
-
-
-
total
-
-
-
120 919
Employee
36 044
-
198 383
-
income
7 497
-
72 292
-
social contributions
3 965
-
21 822
-
surtax
-
-
1 440
-
total
11 462
-
95 554
-
Employer
36 044
-
198 383
-
social contributions
8 560
-
47 115
-
total
8 560
-
47 115
-
Corporate
200 895
245 500
-
-
income
42 188
51 555
-
-
surtax
-
-
-
-
total
42 188
51 555
-
-
Dividends
158 707
193 945
-
-
withholding
44 438
54 305
-
-
total
44 438
54 305
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 648
105 860
142 669
120 919
After tax
138 852
139 640
102 831
124 581
Living cost
24 582
24 582
24 582
24 582
Free-cash
114 270
115 058
78 249
99 999

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽226013
₽190326
₽236525
₽227151
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%.

-
-
-
245 500
microenterprise

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

-
-
-
2 901
total
-
-
-
2 901
Employee
7 592
-
245 500
-
income
1 518
-
49 100
-
total
1 518
-
49 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

237 908
245 500
-
-
total
-
-
-
-
Dividends
237 908
245 500
-
-
withholding
11 895
12 275
-
-
total
11 895
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
13 413
12 275
49 100
2 901
After tax
232 087
233 225
196 400
242 599
Living cost
6 074
6 074
6 074
6 074
Free-cash
226 013
227 151
190 326
236 525

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
₽141451
₽80324
₽85654
₽148006
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.

-
-
-
245 500
pensions
-
-
-
44 834
unemployment
-
-
-
369
income
-
-
-
69 465
health
-
-
-
24 157
total
-
-
-
138 825
Employee

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

34 656
-
212 424
-
health
2 238
-
13 723
-
unemployment
49
-
297
-
pensions
5 372
-
32 926
-
income
5 976
-
64 133
-
total
13 635
-
111 079
-
Employer

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

34 656
-
212 424
-
health
2 308
-
14 148
-
pensions
3 067
-
18 800
-
unemployment
21
-
128
-
total
5 396
-
33 076
-
Corporate
205 449
245 500
-
-
income
39 035
46 645
-
-
total
39 035
46 645
-
-
Dividends
166 413
198 855
-
-
withholding
24 962
29 828
-
-
total
24 962
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
83 028
76 473
144 155
138 825
After tax
162 472
169 027
101 345
106 675
Living cost
21 021
21 021
21 021
21 021
Free-cash
141 451
148 006
80 324
85 654

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽129724
₽139550
₽175271
₽126986
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.

-
-
-
245 500
income
-
-
-
36 825
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
-
-
-
41 780
Employee
35 952
-
241 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
70 291
-
total
7 503
-
73 896
-
Employer
35 952
-
241 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
205 946
245 500
-
-
income
72 082
85 925
-
-
total
72 082
85 925
-
-
Dividends
133 865
159 575
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 327
90 065
77 501
41 780
After tax
158 173
155 435
167 999
203 720
Living cost
28 449
28 449
28 449
28 449
Free-cash
129 724
126 986
139 550
175 271

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽133564
₽72013
₽141042
₽133158
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
-
-
-
245 500
income
-
-
-
36 825
health
-
-
-
17 136
social contributions
-
-
-
33 879
total
-
-
-
87 840
Employee
26 572
-
245 500
-
health
1 855
-
17 136
-
income
4 432
-
105 854
-
social contributions
3 668
-
33 879
-
total
9 955
-
156 869
-
Employer
26 572
-
245 500
-
total
-
-
-
-
Corporate
218 928
245 500
-
-
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%.

10 946
12 276
-
-
total
10 946
12 276
-
-
Dividends
207 982
233 224
-
-
social contributions
28 702
32 185
-
-
withholding
31 198
34 984
-
-
health
14 517
16 279
-
-
total
74 417
83 448
-
-
Income
245 500
245 500
245 500
245 500
Total tax
95 318
95 724
156 869
87 840
After tax
150 182
149 776
88 631
157 660
Living cost
16 618
16 618
16 618
16 618
Free-cash
133 564
133 158
72 013
141 042

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽139265
₽118143
₽129862
₽147090
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
-
-
-
245 500
income
-
-
-
28 011
health
-
-
-
33 142
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
6 931
total
-
-
-
93 701
Employee
32 261
-
205 108
-
health
4 355
-
27 690
-
solidarity contribution
-
-
5 879
-
income
3 871
-
25 757
-
social contributions
2 097
-
5 702
-
total
10 323
-
65 028
-
Employer
32 261
-
205 108
-
health
2 903
-
18 460
-
social contributions
8 065
-
21 932
-
total
10 968
-
40 392
-
Corporate
202 271
245 500
-
-
income
38 431
46 645
-
-
total
38 431
46 645
-
-
Dividends
163 839
198 855
-
-
withholding
24 576
29 828
-
-
total
24 576
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 298
76 473
105 420
93 701
After tax
161 202
169 027
140 080
151 799
Living cost
21 937
21 937
21 937
21 937
Free-cash
139 265
147 090
118 143
129 862

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
₽221986
₽186935
₽233134
₽223760
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%.

-
-
-
245 500
microenterprise

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

-
-
-
2 901
total
-
-
-
2 901
Employee
11 832
-
245 500
-
income
2 366
-
49 100
-
total
2 366
-
49 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

233 668
245 500
-
-
total
-
-
-
-
Dividends
233 668
245 500
-
-
withholding
11 683
12 275
-
-
total
11 683
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
14 049
12 275
49 100
2 901
After tax
231 451
233 225
196 400
242 599
Living cost
9 465
9 465
9 465
9 465
Free-cash
221 986
223 760
186 935
233 134

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
₽91270
₽78907
₽90494
₽85881
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
-
-
-
245 500
income
-
-
-
55 281
other
-
-
-
7 610
health
-
-
-
13 735
social contributions
-
-
-
6 994
pensions
-
-
-
33 534
surtax
-
-
-
-
total
-
-
-
117 154
Employee
49 085
-
184 237
-
pensions
5 552
-
15 204
-
income
4 283
-
47 023
-
social contributions
1 398
-
5 250
-
surtax
-
-
-
-
total
11 233
-
67 477
-
Employer
49 085
-
184 237
-
health
3 435
-
19 878
-
social contributions
147
-
553
-
pensions
8 065
-
25 166
-
unemployment
1 988
-
7 461
-
other
1 694
-
8 206
-
total
15 329
-
61 264
-
Corporate
181 085
245 500
-
-
income
50 704
68 740
-
-
surtax
-
-
-
-
total
50 704
68 740
-
-
Dividends
130 381
176 760
-
-
social contributions
22 424
30 402
-
-
surtax
-
-
-
-
withholding
16 688
22 625
-
-
total
39 112
53 027
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 378
121 767
128 741
117 154
After tax
129 122
123 733
116 759
128 346
Living cost
37 852
37 852
37 852
37 852
Free-cash
91 270
85 881
78 907
90 494

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽160017
₽152050
₽152050
₽163862
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.

-
-
-
245 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
58 111
health
-
-
-
5 948
total
-
-
-
79 938
Employee

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

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

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

20 376
-
235 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
58 111
-
total
6 864
-
69 602
-
Employer

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

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

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

20 376
-
235 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
221 477
245 500
-
-
income
33 222
36 825
-
-
total
33 222
36 825
-
-
Dividends
188 256
208 675
-
-
withholding
28 238
31 301
-
-
total
28 238
31 301
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 971
68 126
79 938
79 938
After tax
173 529
177 374
165 562
165 562
Living cost
13 512
13 512
13 512
13 512
Free-cash
160 017
163 862
152 050
152 050

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽81772
₽127036
₽133693
₽58971
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
-
-
-
245 500
pensions
-
-
-
22 585
city
-
-
-
2 598
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
-
-
-
553
regional
-
-
-
16 984
national
-
-
-
11 741
total
-
-
-
58 518
Employee
62 361
-
222 637
-
health
141
-
501
-
unemployment
-
-
1 113
-
city
669
-
2 425
-
pensions
5 239
-
14 962
-
regional
2 042
-
15 392
-
national
295
-
10 149
-
total
8 386
-
44 542
-
Employer
62 361
-
222 637
-
health
141
-
501
-
pensions
5 239
-
14 962
-
unemployment
-
-
1 113
-
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
-
20 633
-
Corporate
175 826
245 500
-
-
regional
37 188
51 924
-
-
national
14 946
20 868
-
-
total
52 134
72 792
-
-
Dividends
123 693
172 708
-
-
withholding
43 292
60 448
-
-
total
43 292
60 448
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 439
133 240
65 175
58 518
After tax
135 061
112 260
180 325
186 982
Living cost
53 289
53 289
53 289
53 289
Free-cash
81 772
58 971
127 036
133 693

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
₽119018
₽84522
₽112644
₽113660
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

-
-
-
245 500
municipal
-
-
-
43 568
health
-
-
-
3 453
national
-
-
-
55 746
total
-
-
-
102 767
Employee
41 232
-
206 527
-
health
308
-
2 854
-
unemployment
619
-
3 098
-
pensions
2 783
-
13 941
-
national
681
-
38 430
-
municipal
6 754
-
33 594
-
total
11 145
-
91 917
-
Employer
41 232
-
206 527
-
health
317
-
1 590
-
pensions
7 154
-
35 832
-
accident
42
-
207
-
unemployment
268
-
1 343
-
total
7 781
-
38 972
-
Corporate
196 488
245 500
-
-
income
39 297
49 099
-
-
total
39 297
49 099
-
-
Dividends

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

117 893
147 300
-
-
municipal
21 221
26 514
-
-
national
16 949
26 138
-
-
total
38 170
52 652
-
-
Income
245 500
245 500
245 500
245 500
Total tax
96 393
101 751
130 889
102 767
After tax
149 107
143 749
114 611
142 733
Living cost
30 089
30 089
30 089
30 089
Free-cash
119 018
113 660
84 522
112 644

Estimated living cost  is ₽30089 per week

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

Additional information

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

Brussels , Belgium
₽95182
₽51859
₽78553
₽102285
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
-
-
-
245 500
communal

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

-
-
-
13 558
social contributions
-
-
-
19 539
national
-
-
-
105 275
total
-
-
-
138 372
Employee

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

56 059
-
190 147
-
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
-
8 937
-
communal

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

2 924
-
9 918
-
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
-
1 654
-
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
-
14 261
-
national
17 235
-
74 943
-
total
27 485
-
109 713
-
Employer

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

56 059
-
190 147
-
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
-
11 694
-
pensions

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

4 967
-
16 847
-
surtax
6 356
-
21 562
-
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
-
2 473
-
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
-
2 777
-
total
16 317
-
55 353
-
Corporate
173 123
245 500
-
-
income
36 821
57 810
-
-
surtax
736
1 156
-
-
total
37 557
58 966
-
-
Dividends
135 566
186 534
-
-
withholding

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

40 384
55 674
-
-
total
40 384
55 674
-
-
Income
245 500
245 500
245 500
245 500
Total tax
121 743
114 640
165 066
138 372
After tax
123 757
130 860
80 434
107 128
Living cost
28 575
28 575
28 575
28 575
Free-cash
95 182
102 285
51 859
78 553

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽99266
₽85342
₽86168
₽100030
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
-
-
-
245 500
unemployment
-
-
-
75
municipal
-
-
-
66 768
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
36 956
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
125 319
Employee
48 465
-
222 078
-
national
-
-
36 500
-
municipal
14 452
-
66 224
-
total
14 452
-
102 724
-
Employer
48 465
-
222 078
-
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
181 808
245 500
-
-
income
39 998
54 010
-
-
total
39 998
54 010
-
-
Dividends
141 810
191 490
-
-
withholding
42 543
57 447
-
-
total
42 543
57 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
112 221
111 457
126 145
125 319
After tax
133 279
134 043
119 355
120 181
Living cost
34 012
34 012
34 012
34 012
Free-cash
99 266
100 030
85 342
86 168

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽69730
₽196074
₽131783
₽111485
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
-
-
-
245 500
income
-
-
-
47 853
social contributions
-
-
-
27 987
total
-
-
-
75 840
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
114 612
245 500
-
-
income
25 215
54 010
-
-
total
25 215
54 010
-
-
Dividends
89 397
191 490
-
-
income
19 667
42 128
-
-
total
19 667
42 128
-
-
Income
245 500
245 500
245 500
245 500
Total tax
137 893
96 138
11 549
75 840
After tax
107 607
149 362
233 951
169 660
Living cost
37 877
37 877
37 877
37 877
Free-cash
69 730
111 485
196 074
131 783

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
₽150077
₽135132
₽137000
₽153324
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
-
-
-
245 500
income
-
-
-
64 141
health
-
-
-
6 260
social contributions
-
-
-
12 680
total
-
-
-
83 081
Employee
60 263
60 263
234 417
-
health
599
1 025
3 986
-
income
6 328
5 579
63 134
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
73 866
-
Employer
60 263
60 263
234 417
-
health
653
1 115
4 337
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
11 083
-
Corporate
206 643
179 120
-
-
income
25 830
22 390
-
-
total
25 830
22 390
-
-
Dividends
180 813
156 730
-
-
withholding
30 738
26 644
-
-
total
30 738
26 644
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 004
66 757
84 949
83 081
After tax
175 496
178 743
160 551
162 419
Living cost
25 419
25 419
25 419
25 419
Free-cash
150 077
153 324
135 132
137 000

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽124964
₽104640
₽126241
₽120479
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
-
-
-
245 500
income
-
-
-
82 066
pensions
-
-
-
9 057
total
-
-
-
91 123
Employee
38 621
-
213 420
-
health
504
-
2 659
-
pensions
2 948
-
10 320
-
income
7 033
-
67 666
-
total
10 485
-
80 645
-
Employer
38 621
-
213 420
-
health
734
-
4 055
-
pensions
3 902
-
28 024
-
total
4 636
-
32 079
-
Corporate
202 243
245 500
-
-
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.

38 427
46 645
-
-
total
38 427
46 645
-
-
Dividends
163 816
198 855
-
-
withholding
38 852
50 240
-
-
total
38 852
50 240
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 400
96 885
112 724
91 123
After tax
153 100
148 615
132 776
154 377
Living cost
28 136
28 136
28 136
28 136
Free-cash
124 964
120 479
104 640
126 241

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
₽94527
₽81613
₽88051
₽98092
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
-
-
-
245 500
municipal
-
-
-
1 856
regional
-
-
-
6 607
social contributions
-
-
-
39 224
national
-
-
-
78 541
total
-
-
-
126 228
Employee
66 040
-
245 500
-
social contributions
22 268
-
51 424
-
regional
997
-
6 201
-
national
11 160
-
73 295
-
municipal
394
-
1 746
-
total
34 819
-
132 666
-
Employer
66 040
-
245 500
-
total
-
-
-
-
Corporate
179 460
245 500
-
-
nationa
43 070
58 920
-
-
municipal
8 650
11 832
-
-
total
51 720
70 752
-
-
Dividends
127 740
174 748
-
-
withholding
33 213
45 435
-
-
total
33 213
45 435
-
-
Income
245 500
245 500
245 500
245 500
Total tax
119 752
116 187
132 666
126 228
After tax
125 748
129 313
112 834
119 272
Living cost
31 221
31 221
31 221
31 221
Free-cash
94 527
98 092
81 613
88 051

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽17317
₽120532
₽150687
₽3148
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
-
-
-
245 500
pensions
-
-
-
3 165
income
-
-
-
72 778
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
78 076
Employee
26 328
-
227 736
-
health
3 015
-
26 076
-
pensions
2 965
-
5 804
-
income
3 612
-
58 588
-
total
9 592
-
90 468
-
Employer
26 328
-
227 736
-
pensions
4 281
-
8 381
-
accident
440
-
3 803
-
unemployment
645
-
5 579
-
total
5 366
-
17 763
-
Corporate
213 807
245 500
-
-
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.

192 426
220 950
-
-
total
192 426
220 950
-
-
Dividends
21 381
24 550
-
-
withholding
4 062
4 665
-
-
total
4 062
4 665
-
-
Income
245 500
245 500
245 500
245 500
Total tax
211 446
225 615
108 231
78 076
After tax
34 054
19 885
137 269
167 424
Living cost
16 737
16 737
16 737
16 737
Free-cash
17 317
3 148
120 532
150 687

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
₽106167
₽117258
₽87258
₽95913
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.

-
-
-
245 500
trade
-
-
-
30 000
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.

-
-
-
87 802
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.

-
-
-
4 829
total
-
-
-
127 985
Employee

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

38 994
-
245 500
-
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
-
87 802
-
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
-
4 829
-
total
8 737
-
97 985
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 506
245 500
-
-
income
30 976
36 825
-
-
trade
29 633
35 229
-
-
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.

1 704
2 026
-
-
chamber of commerce
422
479
-
-
total
62 735
74 559
-
-
Dividends
143 770
170 941
-
-
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.

1 960
2 333
-
-
withholding
35 644
42 438
-
-
total
37 604
44 771
-
-
Income
245 500
245 500
245 500
245 500
Total tax
109 076
119 330
97 985
127 985
After tax
136 424
126 170
147 515
117 515
Living cost
30 257
30 257
30 257
30 257
Free-cash
106 167
95 913
117 258
87 258

Estimated living cost  is ₽30257 per week

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

Additional information

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

Riga , Latvia
₽173668
₽94074
₽77646
₽180097
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.

-
-
-
245 500
income
-
-
-
58 921
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
62 602
total
-
-
-
151 550
Employee
22 900
-
200 901
-
income
4 076
-
51 119
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
29 130
-
total
6 595
-
90 523
-
Employer
22 900
-
200 901
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
22 099
-
total
5 516
-
44 599
-
Corporate
217 084
245 500
-
-
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%.

43 417
49 099
-
-
total
43 417
49 099
-
-
Dividends

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

173 667
196 401
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
55 528
49 099
135 122
151 550
After tax
189 972
196 401
110 378
93 950
Living cost
16 304
16 304
16 304
16 304
Free-cash
173 668
180 097
94 074
77 646

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽141848
₽143417
₽144111
₽143449
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
-
-
-
245 500
income
-
-
-
79 387
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
91 646
Employee
14 840
-
237 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
79 014
-
total
5 097
-
84 344
-
Employer
14 840
-
237 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
227 321
245 500
-
-
income
50 011
54 010
-
-
total
50 011
54 010
-
-
Dividends
177 311
191 490
-
-
withholding
35 462
38 298
-
-
total
35 462
38 298
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 909
92 308
92 340
91 646
After tax
151 591
153 192
153 160
153 854
Living cost
9 743
9 743
9 743
9 743
Free-cash
141 848
143 449
143 417
144 111

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
₽134322
₽92359
₽97152
₽136817
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
-
-
-
245 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
86 634
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
15 588
total
-
-
-
130 745
Employee
26 392
-
223 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
81 946
-
other
-
-
-
-
surtax
94
-
14 651
-
total
8 791
-
113 521
-
Employer
26 392
-
223 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
213 551
245 500
-
-
income
55 523
63 830
-
-
total
55 523
63 830
-
-
Dividends
158 029
181 670
-
-
withholding
23 705
27 250
-
-
total
23 705
27 250
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 575
91 080
135 538
130 745
After tax
151 925
154 420
109 962
114 755
Living cost
17 603
17 603
17 603
17 603
Free-cash
134 322
136 817
92 359
97 152

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽109501
₽37466
₽99792
₽109890
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
-
-
-
245 500
pensions
-
-
-
16 938