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
₽ 246500
per

Your estimated
City
free-cash

Valencia , Spain
₽138098
₽112391
₽115664
₽141544
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
-
-
-
246 500
unemployment
-
-
-
506
income
-
-
-
87 698
other
-
-
-
73
accident
-
-
-
651
pensions
-
-
-
20 459
total
-
-
-
109 387
Employee
28 840
-
223 453
-
unemployment
447
-
1 120
-
pensions
1 356
-
3 398
-
income
5 560
-
85 021
-
other
28
-
73
-
total
7 391
-
89 612
-
Employer
28 840
-
223 453
-
pensions
6 806
-
17 062
-
accident
571
-
1 431
-
unemployment
1 587
-
3 976
-
other
231
-
579
-
total
9 195
-
23 048
-
Corporate
208 465
246 500
-
-
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.

31 270
36 974
-
-
total
31 270
36 974
-
-
Dividends
177 195
209 526
-
-
withholding
39 097
46 533
-
-
total
39 097
46 533
-
-
Income
246 500
246 500
246 500
246 500
Total tax
86 953
83 507
112 660
109 387
After tax
159 547
162 993
133 840
137 113
Living cost
21 448
21 448
21 448
21 448
Free-cash
138 098
141 544
112 391
115 664

Estimated living cost  is ₽21448 per week

₽14477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽4534
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
₽155051
₽136029
₽137905
₽160321
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
-
-
-
246 500
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.

-
-
-
28 466
income
-
-
-
48 494
other
-
-
-
5 633
health
-
-
-
5 219
total
-
-
-
87 812
Employee
28 320
-
215 833
-
health
397
-
1 661
-
unemployment
283
-
1 186
-
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.

1 982
-
8 302
-
income
4 876
-
47 871
-
total
7 538
-
59 020
-
Employer
28 320
-
215 833
-
health
397
-
1 661
-
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.

4 815
-
20 164
-
accident
226
-
1 727
-
unemployment
283
-
1 186
-
other
1 417
-
5 930
-
total
7 138
-
30 668
-
Corporate
211 043
246 500
-
-
income
44 319
51 765
-
-
total
44 319
51 765
-
-
Dividends
166 724
194 735
-
-
withholding
11 671
13 631
-
-
total
11 671
13 631
-
-
Income
246 500
246 500
246 500
246 500
Total tax
70 666
65 396
89 688
87 812
After tax
175 834
181 104
156 812
158 688
Living cost
20 783
20 783
20 783
20 783
Free-cash
155 051
160 321
136 029
137 905

Estimated living cost  is ₽20783 per week

₽14685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
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.
₽4361
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
₽196905
₽202865
₽192021
₽200529
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
-
-
-
246 500
pensions

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

-
-
-
4 033
unemployment
-
-
-
109
income
-
-
-
36 975
health
-
-
-
3 134
total
-
-
-
44 251
Employee
13 543
-
241 154
-
health
623
-
1 253
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
pensions

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

1 189
-
2 393
-
income
1 354
-
24 115
-
total
3 315
-
28 061
-
Employer
13 543
-
241 154
-
health
935
-
1 880
-
pensions

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

1 493
-
3 003
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
unemployment
81
-
163
-
total
2 658
-
5 346
-
Corporate
230 299
246 500
-
-
income
23 030
24 650
-
-
total
23 030
24 650
-
-
Dividends
207 269
221 850
-
-
withholding
10 364
11 093
-
-
total
10 364
11 093
-
-
Income
246 500
246 500
246 500
246 500
Total tax
39 367
35 743
33 407
44 251
After tax
207 133
210 757
213 093
202 249
Living cost
10 228
10 228
10 228
10 228
Free-cash
196 905
200 529
202 865
192 021

Estimated living cost  is ₽10228 per week

₽5971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3255
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
₽102156
₽90314
₽102046
₽97550
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
-
-
-
246 500
income
-
-
-
55 720
other
-
-
-
7 642
health
-
-
-
13 829
social contributions
-
-
-
7 023
pensions
-
-
-
33 554
surtax
-
-
-
-
total
-
-
-
117 768
Employee
33 382
-
184 917
-
pensions
3 774
-
15 290
-
income
1 970
-
47 357
-
social contributions
952
-
5 269
-
surtax
-
-
-
-
total
6 696
-
67 916
-
Employer
33 382
-
184 917
-
health
2 337
-
19 986
-
social contributions
101
-
555
-
pensions
5 484
-
25 304
-
unemployment
1 351
-
7 490
-
other
1 152
-
8 249
-
total
10 425
-
61 584
-
Corporate
202 693
246 500
-
-
income
56 754
69 020
-
-
surtax
-
-
-
-
total
56 754
69 020
-
-
Dividends
145 940
177 480
-
-
social contributions
25 102
30 527
-
-
surtax
-
-
-
-
withholding
18 681
22 717
-
-
total
43 783
53 244
-
-
Income
246 500
246 500
246 500
246 500
Total tax
117 658
122 264
129 500
117 768
After tax
128 842
124 236
117 000
128 732
Living cost
26 686
26 686
26 686
26 686
Free-cash
102 156
97 550
90 314
102 046

Estimated living cost  is ₽26686 per week

₽16826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
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
₽86215
₽124848
₽95823
₽90993
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
-
-
-
246 500
pensions
-
-
-
9 138
income
-
-
-
99 247
health
-
-
-
9 618
total
-
-
-
118 003
Employee
66 607
66 607
232 005
-
health
10 223
8 696
9 618
-
pensions
11 989
9 138
9 138
-
income

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

10 902
10 902
55 727
-
total
33 114
28 736
74 483
-
Employer
66 607
66 607
232 005
-
health
4 630
4 630
5 753
-
pensions
4 636
4 636
5 762
-
unemployment
2 398
2 398
2 980
-
total
11 664
11 664
14 495
-
Corporate
169 046
168 229
-
-
income
33 810
33 645
-
-
total
33 810
33 645
-
-
Dividends
135 237
134 584
-
-
income
28 737
28 600
-
-
withholding
20 286
20 188
-
-
total
49 023
48 788
-
-
Income
246 500
246 500
246 500
246 500
Total tax
127 611
122 833
88 978
118 003
After tax
118 889
123 667
157 522
128 497
Living cost
32 674
32 674
32 674
32 674
Free-cash
86 215
90 993
124 848
95 823

Estimated living cost  is ₽32674 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6054
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
₽109149
₽124396
₽91283
₽100523
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.

-
-
-
246 500
trade
-
-
-
33 113
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.

-
-
-
88 294
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.

-
-
-
5 329
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.

-
-
-
4 856
total
-
-
-
131 592
Employee

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

29 833
-
246 500
-
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.

5 329
-
5 329
-
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.

833
-
88 294
-
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
-
4 856
-
total
6 208
-
98 479
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
216 667
246 500
-
-
income
32 500
36 974
-
-
trade
34 125
38 824
-
-
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.

1 788
2 034
-
-
chamber of commerce
429
472
-
-
total
68 842
78 304
-
-
Dividends
147 825
168 195
-
-
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.

2 016
2 296
-
-
withholding
36 660
41 752
-
-
total
38 676
44 048
-
-
Income
246 500
246 500
246 500
246 500
Total tax
113 726
122 352
98 479
131 592
After tax
132 774
124 148
148 021
114 908
Living cost
23 625
23 625
23 625
23 625
Free-cash
109 149
100 523
124 396
91 283

Estimated living cost  is ₽23625 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
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
₽157164
₽143088
₽144960
₽161408
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
-
-
-
246 500
income
-
-
-
64 575
health
-
-
-
6 286
social contributions
-
-
-
12 620
total
-
-
-
83 481
Employee
59 977
59 977
235 430
-
health
465
1 020
4 002
-
income
6 530
5 552
63 567
-
social contributions
2 268
4 978
6 714
-
total
9 263
11 550
74 283
-
Employer
59 977
59 977
235 430
-
health
505
1 110
4 356
-
social contributions
2 268
4 978
6 714
-
total
2 773
6 088
11 070
-
Corporate
216 406
180 436
-
-
income
27 051
22 555
-
-
total
27 051
22 555
-
-
Dividends
189 355
157 881
-
-
withholding
32 190
26 840
-
-
total
32 190
26 840
-
-
Income
246 500
246 500
246 500
246 500
Total tax
71 277
67 033
85 353
83 481
After tax
175 223
179 467
161 147
163 019
Living cost
18 059
18 059
18 059
18 059
Free-cash
157 164
161 408
143 088
144 960

Estimated living cost  is ₽18059 per week

₽10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
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.
₽5065
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
₽114958
₽78649
₽100546
₽115744
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.

-
-
-
246 500
income
-
-
-
35 831
social contributions

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

-
-
-
85 658
surtax
-
-
-
-
total
-
-
-
121 489
Employee
35 873
-
199 191
-
income
7 462
-
72 697
-
social contributions
3 946
-
21 911
-
surtax
-
-
1 471
-
total
11 408
-
96 079
-
Employer
35 873
-
199 191
-
social contributions
8 520
-
47 307
-
total
8 520
-
47 307
-
Corporate
202 107
246 500
-
-
income
42 442
51 765
-
-
surtax
-
-
-
-
total
42 442
51 765
-
-
Dividends
159 665
194 735
-
-
withholding
44 707
54 526
-
-
total
44 707
54 526
-
-
Income
246 500
246 500
246 500
246 500
Total tax
107 077
106 291
143 386
121 489
After tax
139 423
140 209
103 114
125 011
Living cost
24 465
24 465
24 465
24 465
Free-cash
114 958
115 744
78 649
100 546

Estimated living cost  is ₽24465 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
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.
₽4309
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
₽227265
₽191381
₽237563
₽228356
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%.

-
-
-
246 500
microenterprise

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

-
-
-
3 118
total
-
-
-
3 118
Employee
7 274
-
246 500
-
income
1 455
-
49 300
-
total
1 455
-
49 300
-
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%.

239 226
246 500
-
-
total
-
-
-
-
Dividends
239 226
246 500
-
-
withholding
11 961
12 325
-
-
total
11 961
12 325
-
-
Income
246 500
246 500
246 500
246 500
Total tax
13 416
12 325
49 300
3 118
After tax
233 084
234 175
197 200
243 382
Living cost
5 819
5 819
5 819
5 819
Free-cash
227 265
228 356
191 381
237 563

Estimated living cost  is ₽5819 per week

₽3606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1569
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
₽142271
₽80673
₽86026
₽148795
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.

-
-
-
246 500
pensions
-
-
-
45 017
unemployment
-
-
-
370
income
-
-
-
69 911
health
-
-
-
24 255
total
-
-
-
139 553
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.

34 491
-
213 291
-
health
2 228
-
13 779
-
unemployment
49
-
299
-
pensions
5 346
-
33 061
-
income
5 948
-
64 559
-
total
13 571
-
111 698
-
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.

34 491
-
213 291
-
health
2 297
-
14 205
-
pensions
3 052
-
18 876
-
unemployment
21
-
127
-
total
5 370
-
33 208
-
Corporate
206 639
246 500
-
-
income
39 261
46 835
-
-
total
39 261
46 835
-
-
Dividends
167 378
199 665
-
-
withholding
25 106
29 949
-
-
total
25 106
29 949
-
-
Income
246 500
246 500
246 500
246 500
Total tax
83 308
76 784
144 906
139 553
After tax
163 192
169 716
101 594
106 947
Living cost
20 921
20 921
20 921
20 921
Free-cash
142 271
148 795
80 673
86 026

Estimated living cost  is ₽20921 per week

₽14358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽4818
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
₽130517
₽140295
₽176234
₽127791
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.

-
-
-
246 500
income
-
-
-
36 974
health

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

-
-
-
4 979
total
-
-
-
41 953
Employee
35 781
-
242 912
-
social contributions
3 585
-
3 588
-
income
3 882
-
70 716
-
total
7 467
-
74 304
-
Employer
35 781
-
242 912
-
social contributions
3 585
-
3 588
-
total
3 585
-
3 588
-
Corporate
207 134
246 500
-
-
income
72 497
86 275
-
-
total
72 497
86 275
-
-
Dividends
134 638
160 225
-
-
social contributions
4 121
4 121
-
-
total
4 121
4 121
-
-
Income
246 500
246 500
246 500
246 500
Total tax
87 670
90 396
77 892
41 953
After tax
158 830
156 104
168 608
204 547
Living cost
28 313
28 313
28 313
28 313
Free-cash
130 517
127 791
140 295
176 234

Estimated living cost  is ₽28313 per week

₽18650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽6997
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
₽134254
₽72368
₽141765
₽133849
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
-
-
-
246 500
income
-
-
-
36 974
health
-
-
-
17 205
social contributions
-
-
-
34 017
total
-
-
-
88 196
Employee
26 446
-
246 500
-
health
1 846
-
17 205
-
income
4 411
-
106 371
-
social contributions
3 650
-
34 017
-
total
9 907
-
157 593
-
Employer
26 446
-
246 500
-
total
-
-
-
-
Corporate
220 054
246 500
-
-
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%.

11 002
12 325
-
-
total
11 002
12 325
-
-
Dividends
209 052
234 175
-
-
social contributions
28 850
32 316
-
-
withholding
31 357
35 126
-
-
health
14 591
16 345
-
-
total
74 798
83 787
-
-
Income
246 500
246 500
246 500
246 500
Total tax
95 707
96 112
157 593
88 196
After tax
150 793
150 388
88 907
158 304
Living cost
16 539
16 539
16 539
16 539
Free-cash
134 254
133 849
72 368
141 765

Estimated living cost  is ₽16539 per week

₽11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1020
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.
₽4069
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
₽140075
₽118899
₽130682
₽147868
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
-
-
-
246 500
income
-
-
-
28 157
health
-
-
-
33 278
social contributions
-
-
-
25 512
solidarity contribution
-
-
-
7 024
total
-
-
-
93 971
Employee
32 129
-
206 108
-
health
4 337
-
27 825
-
solidarity contribution
-
-
5 966
-
income
3 855
-
25 891
-
social contributions
2 088
-
5 679
-
total
10 280
-
65 361
-
Employer
32 129
-
206 108
-
health
2 892
-
18 550
-
social contributions
8 032
-
21 843
-
total
10 924
-
40 393
-
Corporate
203 448
246 500
-
-
income
38 655
46 835
-
-
total
38 655
46 835
-
-
Dividends
164 793
199 665
-
-
withholding
24 719
29 950
-
-
total
24 719
29 950
-
-
Income
246 500
246 500
246 500
246 500
Total tax
84 578
76 785
105 754
93 971
After tax
161 922
169 715
140 746
152 529
Living cost
21 847
21 847
21 847
21 847
Free-cash
140 075
147 868
118 899
130 682

Estimated living cost  is ₽21847 per week

₽16247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
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.
₽4012
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
₽223407
₽188132
₽234314
₽225107
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%.

-
-
-
246 500
microenterprise

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

-
-
-
3 118
total
-
-
-
3 118
Employee
11 335
-
246 500
-
income
2 267
-
49 300
-
total
2 267
-
49 300
-
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%.

235 165
246 500
-
-
total
-
-
-
-
Dividends
235 165
246 500
-
-
withholding
11 758
12 325
-
-
total
11 758
12 325
-
-
Income
246 500
246 500
246 500
246 500
Total tax
14 025
12 325
49 300
3 118
After tax
232 475
234 175
197 200
243 382
Living cost
9 068
9 068
9 068
9 068
Free-cash
223 407
225 107
188 132
234 314

Estimated living cost  is ₽9068 per week

₽6136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2247
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
₽91926
₽79328
₽91060
₽86564
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
-
-
-
246 500
income
-
-
-
55 720
other
-
-
-
7 642
health
-
-
-
13 829
social contributions
-
-
-
7 023
pensions
-
-
-
33 554
surtax
-
-
-
-
total
-
-
-
117 768
Employee
48 852
-
184 917
-
pensions
5 525
-
15 290
-
income
4 262
-
47 357
-
social contributions
1 391
-
5 269
-
surtax
-
-
-
-
total
11 178
-
67 916
-
Employer
48 852
-
184 917
-
health
3 419
-
19 986
-
social contributions
147
-
555
-
pensions
8 027
-
25 304
-
unemployment
1 979
-
7 490
-
other
1 686
-
8 249
-
total
15 258
-
61 584
-
Corporate
182 391
246 500
-
-
income
51 070
69 020
-
-
surtax
-
-
-
-
total
51 070
69 020
-
-
Dividends
131 321
177 480
-
-
social contributions
22 587
30 527
-
-
surtax
-
-
-
-
withholding
16 809
22 717
-
-
total
39 396
53 244
-
-
Income
246 500
246 500
246 500
246 500
Total tax
116 902
122 264
129 500
117 768
After tax
129 598
124 236
117 000
128 732
Living cost
37 672
37 672
37 672
37 672
Free-cash
91 926
86 564
79 328
91 060

Estimated living cost  is ₽37672 per week

₽25496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
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.
₽8577
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
₽160831
₽152969
₽152968
₽164655
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.

-
-
-
246 500
pensions
-
-
-
14 934
unemployment
-
-
-
862
income
-
-
-
58 379
health
-
-
-
5 916
total
-
-
-
80 091
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.

20 268
-
236 219
-
health
1 044
-
2 958
-
unemployment
152
-
431
-
pensions
2 837
-
8 041
-
income
2 794
-
58 379
-
total
6 827
-
69 809
-
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.

20 268
-
236 219
-
health
1 044
-
2 958
-
pensions
2 432
-
6 892
-
unemployment
152
-
431
-
total
3 628
-
10 281
-
Corporate
222 604
246 500
-
-
income
33 391
36 975
-
-
total
33 391
36 975
-
-
Dividends
189 214
209 525
-
-
withholding
28 382
31 429
-
-
total
28 382
31 429
-
-
Income
246 500
246 500
246 500
246 500
Total tax
72 228
68 404
80 090
80 091
After tax
174 272
178 096
166 410
166 409
Living cost
13 441
13 441
13 441
13 441
Free-cash
160 831
164 655
152 969
152 968

Estimated living cost  is ₽13441 per week

₽9050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
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.
₽2962
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
₽82060
₽127497
₽134183
₽59134
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
-
-
-
246 500
pensions
-
-
-
22 679
city
-
-
-
2 608
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.

-
-
-
4 079
health
-
-
-
555
regional
-
-
-
17 042
national
-
-
-
11 770
total
-
-
-
58 733
Employee
62 707
-
223 529
-
health
142
-
502
-
unemployment
-
-
1 117
-
city
673
-
2 435
-
pensions
5 268
-
15 028
-
regional
2 053
-
15 441
-
national
297
-
10 170
-
total
8 433
-
44 693
-
Employer
62 707
-
223 529
-
health
142
-
502
-
pensions
5 268
-
15 028
-
unemployment
-
-
1 117
-
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.

1 254
-
4 079
-
total
6 664
-
20 726
-
Corporate
176 440
246 500
-
-
regional
37 317
52 134
-
-
national
14 997
20 953
-
-
total
52 314
73 087
-
-
Dividends
124 127
173 412
-
-
withholding
43 445
60 695
-
-
total
43 445
60 695
-
-
Income
246 500
246 500
246 500
246 500
Total tax
110 856
133 782
65 419
58 733
After tax
135 644
112 718
181 081
187 767
Living cost
53 584
53 584
53 584
53 584
Free-cash
82 060
59 134
127 497
134 183

Estimated living cost  is ₽53584 per week

₽34845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
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.
₽13272
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
₽119551
₽84956
₽113191
₽114213
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

-
-
-
246 500
municipal
-
-
-
43 744
health
-
-
-
3 471
national
-
-
-
56 149
total
-
-
-
103 364
Employee
41 036
-
207 369
-
health
306
-
2 869
-
unemployment
616
-
3 110
-
pensions
2 769
-
13 998
-
national
678
-
38 761
-
municipal
6 721
-
33 731
-
total
11 090
-
92 469
-
Employer
41 036
-
207 369
-
health
315
-
1 597
-
pensions
7 120
-
35 978
-
accident
41
-
207
-
unemployment
266
-
1 348
-
total
7 742
-
39 130
-
Corporate
197 721
246 500
-
-
income
39 544
49 300
-
-
total
39 544
49 300
-
-
Dividends

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

118 633
147 900
-
-
municipal
21 354
26 622
-
-
national
17 274
26 420
-
-
total
38 628
53 042
-
-
Income
246 500
246 500
246 500
246 500
Total tax
97 004
102 342
131 599
103 364
After tax
149 496
144 158
114 901
143 136
Living cost
29 945
29 945
29 945
29 945
Free-cash
119 551
114 213
84 956
113 191

Estimated living cost  is ₽29945 per week

₽19560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7029
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
₽95798
₽52256
₽79134
₽102867
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
-
-
-
246 500
communal

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

-
-
-
13 623
social contributions
-
-
-
19 446
national
-
-
-
105 858
total
-
-
-
138 927
Employee

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

55 792
-
190 922
-
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.

2 621
-
8 973
-
communal

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

2 910
-
9 958
-
unemployment

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

485
-
1 661
-
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.

4 184
-
14 319
-
national
17 153
-
75 316
-
total
27 353
-
110 227
-
Employer

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

55 792
-
190 922
-
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.

3 431
-
11 742
-
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.

4 944
-
16 915
-
surtax
6 326
-
21 652
-
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.

725
-
2 482
-
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.

814
-
2 787
-
total
16 240
-
55 578
-
Corporate
174 467
246 500
-
-
income
37 275
58 164
-
-
surtax
746
1 163
-
-
total
38 021
59 327
-
-
Dividends
136 447
187 172
-
-
withholding

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

40 649
55 867
-
-
total
40 649
55 867
-
-
Income
246 500
246 500
246 500
246 500
Total tax
122 263
115 194
165 805
138 927
After tax
124 237
131 306
80 695
107 573
Living cost
28 439
28 439
28 439
28 439
Free-cash
95 798
102 867
52 256
79 134

Estimated living cost  is ₽28439 per week

₽18318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽7189
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
₽100200
₽86079
₽86894
₽100955
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
-
-
-
246 500
unemployment
-
-
-
74
municipal
-
-
-
67 138
other
-
-
-
8 566
health
-
-
-
4 600
national
-
-
-
37 478
accident
-
-
-
147
pensions
-
-
-
7 969
total
-
-
-
125 972
Employee
47 926
-
223 339
-
national
-
-
37 026
-
municipal
14 292
-
66 600
-
total
14 292
-
103 626
-
Employer
47 926
-
223 339
-
health
2 947
-
4 533
-
pensions
5 181
-
7 969
-
accident
96
-
147
-
unemployment
1 265
-
1 946
-
other
5 569
-
8 566
-
total
15 058
-
23 161
-
Corporate
183 516
246 500
-
-
income
40 373
54 230
-
-
total
40 373
54 230
-
-
Dividends
143 142
192 270
-
-
withholding
42 943
57 681
-
-
total
42 943
57 681
-
-
Income
246 500
246 500
246 500
246 500
Total tax
112 666
111 911
126 787
125 972
After tax
133 834
134 589
119 713
120 528
Living cost
33 634
33 634
33 634
33 634
Free-cash
100 200
100 955
86 079
86 894

Estimated living cost  is ₽33634 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7532
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
₽72021
₽198119
₽133274
₽112894
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
-
-
-
246 500
income
-
-
-
48 048
social contributions
-
-
-
28 101
total
-
-
-
76 149
Employee
53 163
-
-
-
income
11 727
-
-
-
social contributions
4 359
-
621
-
total
16 086
-
621
-
Employer
53 163
-
-
-
social contributions
74 960
-
10 683
-
total
74 960
-
10 683
-
Corporate
118 377
246 500
-
-
income
26 043
54 230
-
-
total
26 043
54 230
-
-
Dividends
92 334
192 270
-
-
income
20 313
42 299
-
-
total
20 313
42 299
-
-
Income
246 500
246 500
246 500
246 500
Total tax
137 402
96 529
11 304
76 149
After tax
109 098
149 971
235 196
170 351
Living cost
37 077
37 077
37 077
37 077
Free-cash
72 021
112 894
198 119
133 274

Estimated living cost  is ₽37077 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9060
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
₽150935
₽135848
₽137720
₽154168
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
-
-
-
246 500
income
-
-
-
64 575
health
-
-
-
6 286
social contributions
-
-
-
12 620
total
-
-
-
83 481
Employee
59 977
59 977
235 430
-
health
597
1 020
4 002
-
income
6 298
5 552
63 567
-
social contributions
2 914
4 978
6 714
-
total
9 809
11 550
74 283
-
Employer
59 977
59 977
235 430
-
health
650
1 110
4 356
-
social contributions
2 914
4 978
6 714
-
total
3 564
6 088
11 070
-
Corporate
207 828
180 436
-
-
income
25 978
22 555
-
-
total
25 978
22 555
-
-
Dividends
181 850
157 881
-
-
withholding
30 915
26 840
-
-
total
30 915
26 840
-
-
Income
246 500
246 500
246 500
246 500
Total tax
70 266
67 033
85 353
83 481
After tax
176 234
179 467
161 147
163 019
Living cost
25 299
25 299
25 299
25 299
Free-cash
150 935
154 168
135 848
137 720

Estimated living cost  is ₽25299 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5604
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
₽125549
₽105222
₽126903
₽121083
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
-
-
-
246 500
income
-
-
-
82 517
pensions
-
-
-
9 060
total
-
-
-
91 577
Employee
38 461
-
214 281
-
health
502
-
2 665
-
pensions
2 936
-
10 312
-
income
7 004
-
68 062
-
total
10 442
-
81 039
-
Employer
38 461
-
214 281
-
health
731
-
4 072
-
pensions
3 886
-
28 147
-
total
4 617
-
32 219
-
Corporate
203 422
246 500
-
-
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.

38 650
46 835
-
-
total
38 650
46 835
-
-
Dividends
164 772
199 665
-
-
withholding
39 222
50 562
-
-
total
39 222
50 562
-
-
Income
246 500
246 500
246 500
246 500
Total tax
92 931
97 397
113 258
91 577
After tax
153 569
149 103
133 242
154 923
Living cost
28 020
28 020
28 020
28 020
Free-cash
125 549
121 083
105 222
126 903

Estimated living cost  is ₽28020 per week

₽19221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5869
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
₽95219
₽82368
₽88777
₽98767
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
-
-
-
246 500
municipal
-
-
-
1 866
regional
-
-
-
6 648
social contributions
-
-
-
39 038
national
-
-
-
79 099
total
-
-
-
126 651
Employee
65 726
-
246 500
-
social contributions
22 162
-
51 179
-
regional
992
-
6 244
-
national
11 107
-
73 879
-
municipal
392
-
1 758
-
total
34 653
-
133 060
-
Employer
65 726
-
246 500
-
total
-
-
-
-
Corporate
180 774
246 500
-
-
nationa
43 386
59 160
-
-
municipal
8 714
11 881
-
-
total
52 100
71 041
-
-
Dividends
128 674
175 458
-
-
withholding
33 456
45 620
-
-
total
33 456
45 620
-
-
Income
246 500
246 500
246 500
246 500
Total tax
120 209
116 661
133 060
126 651
After tax
126 291
129 839
113 440
119 849
Living cost
31 072
31 072
31 072
31 072
Free-cash
95 219
98 767
82 368
88 777

Estimated living cost  is ₽31072 per week

₽21826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6638
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
₽17384
₽120981
₽151269
₽3129
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
-
-
-
246 500
pensions
-
-
-
3 184
income
-
-
-
73 064
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
78 394
Employee
26 486
-
228 648
-
health
3 033
-
26 180
-
pensions
2 982
-
5 839
-
income
3 634
-
58 811
-
total
9 649
-
90 830
-
Employer
26 486
-
228 648
-
pensions
4 307
-
8 432
-
accident
442
-
3 818
-
unemployment
649
-
5 602
-
total
5 398
-
17 852
-
Corporate
214 616
246 500
-
-
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.

193 154
221 850
-
-
total
193 154
221 850
-
-
Dividends
21 462
24 650
-
-
withholding
4 078
4 684
-
-
total
4 078
4 684
-
-
Income
246 500
246 500
246 500
246 500
Total tax
212 279
226 534
108 682
78 394
After tax
34 221
19 966
137 818
168 106
Living cost
16 837
16 837
16 837
16 837
Free-cash
17 384
3 129
120 981
151 269

Estimated living cost  is ₽16837 per week

₽12340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3213
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
₽106772
₽117908
₽87739
₽96569
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.

-
-
-
246 500
trade
-
-
-
30 169
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.

-
-
-
88 294
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.

-
-
-
5 329
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.

-
-
-
4 856
total
-
-
-
128 648
Employee

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

38 809
-
246 500
-
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.

5 329
-
5 329
-
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.

3 191
-
88 294
-
surtax

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

176
-
4 856
-
total
8 696
-
98 479
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
207 691
246 500
-
-
income
31 154
36 974
-
-
trade
29 804
35 373
-
-
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.

1 714
2 034
-
-
chamber of commerce
423
480
-
-
total
63 095
74 861
-
-
Dividends
144 595
171 640
-
-
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.

1 972
2 343
-
-
withholding
35 852
42 614
-
-
total
37 824
44 957
-
-
Income
246 500
246 500
246 500
246 500
Total tax
109 615
119 818
98 479
128 648
After tax
136 885
126 682
148 021
117 852
Living cost
30 113
30 113
30 113
30 113
Free-cash
106 772
96 569
117 908
87 739

Estimated living cost  is ₽30113 per week

₽20772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5663
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
₽174575
₽94683
₽78210
₽180973
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.

-
-
-
246 500
income
-
-
-
59 321
microenterprise
-
-
-
-
social contributions

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

-
-
-
29 884
surtax
-
-
-
62 858
total
-
-
-
152 063
Employee
22 791
-
201 898
-
income
4 057
-
51 488
-
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.

2 507
-
10 225
-
surtax
-
-
29 276
-
total
6 564
-
90 989
-
Employer
22 791
-
201 898
-
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.

5 490
-
22 393
-
surtax
-
-
22 208
-
total
5 490
-
44 601
-
Corporate
218 219
246 500
-
-
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%.

43 644
49 300
-
-
total
43 644
49 300
-
-
Dividends

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

174 575
197 200
-
-
total
-
-
-
-
Income
246 500
246 500
246 500
246 500
Total tax
55 698
49 300
135 590
152 063
After tax
190 802
197 200
110 910
94 437
Living cost
16 227
16 227
16 227
16 227
Free-cash
174 575
180 973
94 683
78 210

Estimated living cost  is ₽16227 per week

₽10352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
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.
₽3961
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
₽142314
₽143842
₽144544
₽143937
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
-
-
-
246 500
income
-
-
-
79 646
health
-
-
-
5 225
pensions
-
-
-
7 206
total
-
-
-
92 077
Employee
15 047
-
238 393
-
health
752
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
79 267
-
total
5 168
-
84 672
-
Employer
15 047
-
238 393
-
health
1 430
-
3 423
-
pensions
1 655
-
3 963
-
unemployment
301
-
721
-
total
3 386
-
8 107
-
Corporate
228 067
246 500
-
-
income
50 175
54 230
-
-
total
50 175
54 230
-
-
Dividends
177 892
192 270
-
-
withholding
35 578
38 454
-
-
total
35 578
38 454
-
-
Income
246 500
246 500
246 500
246 500
Total tax
94 307
92 684
92 779
92 077
After tax
152 193
153 816
153 721
154 423
Living cost
9 879
9 879
9 879
9 879
Free-cash
142 314
143 937
143 842
144 544

Estimated living cost  is ₽9879 per week

₽5871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2981
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
₽135049
₽92920
₽97687
₽137529
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
-
-
-
246 500
pensions
-
-
-
20 820
unemployment
-
-
-
178
income
-
-
-
87 197
other
-
-
-
-
health
-
-
-
7 390
surtax
-
-
-
15 709
total
-
-
-
131 294
Employee
26 267
-
224 588
-
health
671
-
2 654
-
unemployment
1 828
-
7 245
-
pensions
1 753
-
6 943
-
income
4 403
-
82 532
-
other
-
-
-
-
surtax
93
-
14 776
-
total
8 748
-
114 150
-
Employer
26 267
-
224 588
-
health
1 194
-
4 736
-
pensions
3 502
-
13 876
-
unemployment
833
-
3 299
-
other
-
-
-
-
total
5 529
-
21 911
-
Corporate
214 703
246 500
-
-
income
55 823
64 091
-
-
total
55 823
64 091
-
-
Dividends
158 881
182 409
-
-
withholding
23 832
27 361
-
-
total
23 832
27 361
-
-
Income
246 500
246 500
246 500
246 500
Total tax
93 932
91 452
136 061
131 294
After tax
152 568
155 048
110 439
115 206
Living cost
17 519
17 519
17 519
17 519
Free-cash
135 049
137 529
92 920
97 687

Estimated living cost  is ₽17519 per week

₽10577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
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.
₽5013
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
₽110160
₽37793
₽100393
₽110549
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
-
-
-
246 500
pensions
-
-
-
16 857
<