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
₽ 247500
per

Your estimated
City
free-cash

Valencia , Spain
₽138644
₽112830
₽116120
₽142103
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
-
-
-
247 500
unemployment
-
-
-
509
income
-
-
-
88 037
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
109 829
Employee
28 978
-
224 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
85 347
-
other
28
-
73
-
total
7 426
-
89 961
-
Employer
28 978
-
224 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
209 283
247 500
-
-
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.

31 392
37 126
-
-
total
31 392
37 126
-
-
Dividends
177 891
210 374
-
-
withholding
39 249
46 720
-
-
total
39 249
46 720
-
-
Income
247 500
247 500
247 500
247 500
Total tax
87 305
83 846
113 119
109 829
After tax
160 195
163 654
134 381
137 671
Living cost
21 551
21 551
21 551
21 551
Free-cash
138 644
142 103
112 830
116 120

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
₽155663
₽136547
₽138429
₽160954
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
-
-
-
247 500
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
-
-
-
48 682
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
88 188
Employee
28 456
-
216 688
-
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
-
48 055
-
total
7 573
-
59 257
-
Employer
28 456
-
216 688
-
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
-
1 734
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 813
-
Corporate
211 873
247 500
-
-
income
44 493
51 976
-
-
total
44 493
51 976
-
-
Dividends
167 380
195 524
-
-
withholding
11 716
13 687
-
-
total
11 716
13 687
-
-
Income
247 500
247 500
247 500
247 500
Total tax
70 954
65 663
90 070
88 188
After tax
176 546
181 837
157 430
159 312
Living cost
20 883
20 883
20 883
20 883
Free-cash
155 663
160 954
136 547
138 429

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
₽197703
₽203685
₽192798
₽201342
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
-
-
-
247 500
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
-
-
-
37 125
health
-
-
-
3 147
total
-
-
-
44 431
Employee
13 600
-
242 132
-
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
-
24 213
-
total
3 330
-
28 176
-
Employer
13 600
-
242 132
-
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
231 232
247 500
-
-
income
23 123
24 750
-
-
total
23 123
24 750
-
-
Dividends
208 109
222 750
-
-
withholding
10 405
11 138
-
-
total
10 405
11 138
-
-
Income
247 500
247 500
247 500
247 500
Total tax
39 527
35 888
33 544
44 431
After tax
207 973
211 612
213 956
203 069
Living cost
10 270
10 270
10 270
10 270
Free-cash
197 703
201 342
203 685
192 798

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
₽102557
₽90683
₽102452
₽97928
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
-
-
-
247 500
income
-
-
-
55 928
other
-
-
-
7 673
health
-
-
-
13 883
social contributions
-
-
-
7 052
pensions
-
-
-
33 699
surtax
-
-
-
-
total
-
-
-
118 235
Employee
33 541
-
185 673
-
pensions
3 792
-
15 348
-
income
1 980
-
47 539
-
social contributions
956
-
5 290
-
surtax
-
-
-
-
total
6 728
-
68 177
-
Employer
33 541
-
185 673
-
health
2 348
-
20 065
-
social contributions
101
-
558
-
pensions
5 510
-
25 404
-
unemployment
1 358
-
7 519
-
other
1 157
-
8 281
-
total
10 474
-
61 827
-
Corporate
203 484
247 500
-
-
income
56 976
69 300
-
-
surtax
-
-
-
-
total
56 976
69 300
-
-
Dividends
146 508
178 200
-
-
social contributions
25 200
30 649
-
-
surtax
-
-
-
-
withholding
18 752
22 810
-
-
total
43 952
53 459
-
-
Income
247 500
247 500
247 500
247 500
Total tax
118 130
122 759
130 004
118 235
After tax
129 370
124 741
117 496
129 265
Living cost
26 813
26 813
26 813
26 813
Free-cash
102 557
97 928
90 683
102 452

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
₽86533
₽125328
₽96194
₽91338
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
-
-
-
247 500
pensions
-
-
-
9 182
income
-
-
-
99 629
health
-
-
-
9 664
total
-
-
-
118 475
Employee
66 925
66 925
232 936
-
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
55 930
-
total
33 274
28 874
74 776
-
Employer
66 925
66 925
232 936
-
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
169 676
168 855
-
-
income
33 936
33 771
-
-
total
33 936
33 771
-
-
Dividends
135 741
135 085
-
-
income
28 845
28 705
-
-
withholding
20 362
20 262
-
-
total
49 207
48 967
-
-
Income
247 500
247 500
247 500
247 500
Total tax
128 136
123 331
89 341
118 475
After tax
119 364
124 169
158 159
129 025
Living cost
32 831
32 831
32 831
32 831
Free-cash
86 533
91 338
125 328
96 194

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
₽109583
₽124891
₽91648
₽100912
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.

-
-
-
247 500
trade
-
-
-
33 243
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.

-
-
-
88 642
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.

-
-
-
4 875
total
-
-
-
132 114
Employee

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

29 975
-
247 500
-
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
-
88 642
-
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
-
4 875
-
total
6 237
-
98 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 525
247 500
-
-
income
32 628
37 126
-
-
trade
34 260
38 982
-
-
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.

1 795
2 042
-
-
chamber of commerce
431
474
-
-
total
69 114
78 624
-
-
Dividends
148 410
168 876
-
-
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.

2 024
2 305
-
-
withholding
36 804
41 921
-
-
total
38 828
44 226
-
-
Income
247 500
247 500
247 500
247 500
Total tax
114 179
122 850
98 871
132 114
After tax
133 321
124 650
148 629
115 386
Living cost
23 738
23 738
23 738
23 738
Free-cash
109 583
100 912
124 891
91 648

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
₽157788
₽143662
₽145541
₽162051
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
-
-
-
247 500
income
-
-
-
64 822
health
-
-
-
6 312
social contributions
-
-
-
12 680
total
-
-
-
83 814
Employee
60 263
60 263
236 381
-
health
467
1 025
4 018
-
income
6 562
5 579
63 811
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
74 575
-
Employer
60 263
60 263
236 381
-
health
507
1 115
4 372
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
11 118
-
Corporate
217 262
181 120
-
-
income
27 158
22 640
-
-
total
27 158
22 640
-
-
Dividends
190 104
158 480
-
-
withholding
32 317
26 941
-
-
total
32 317
26 941
-
-
Income
247 500
247 500
247 500
247 500
Total tax
71 567
67 304
85 693
83 814
After tax
175 933
180 196
161 807
163 686
Living cost
18 145
18 145
18 145
18 145
Free-cash
157 788
162 051
143 662
145 541

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
₽115408
₽78960
₽100943
₽116196
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.

-
-
-
247 500
income
-
-
-
35 969
social contributions

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

-
-
-
86 006
surtax
-
-
-
-
total
-
-
-
121 975
Employee
36 044
-
199 999
-
income
7 497
-
72 983
-
social contributions
3 965
-
22 001
-
surtax
-
-
1 475
-
total
11 462
-
96 459
-
Employer
36 044
-
199 999
-
social contributions
8 560
-
47 499
-
total
8 560
-
47 499
-
Corporate
202 895
247 500
-
-
income
42 608
51 976
-
-
surtax
-
-
-
-
total
42 608
51 976
-
-
Dividends
160 288
195 524
-
-
withholding
44 880
54 746
-
-
total
44 880
54 746
-
-
Income
247 500
247 500
247 500
247 500
Total tax
107 510
106 722
143 958
121 975
After tax
139 990
140 778
103 542
125 525
Living cost
24 582
24 582
24 582
24 582
Free-cash
115 408
116 196
78 960
100 943

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
₽227913
₽191926
₽238465
₽229051
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%.

-
-
-
247 500
microenterprise

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

-
-
-
2 961
total
-
-
-
2 961
Employee
7 592
-
247 500
-
income
1 518
-
49 500
-
total
1 518
-
49 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

239 908
247 500
-
-
total
-
-
-
-
Dividends
239 908
247 500
-
-
withholding
11 995
12 375
-
-
total
11 995
12 375
-
-
Income
247 500
247 500
247 500
247 500
Total tax
13 513
12 375
49 500
2 961
After tax
233 987
235 125
198 000
244 539
Living cost
6 074
6 074
6 074
6 074
Free-cash
227 913
229 051
191 926
238 465

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
₽142827
₽80998
₽86370
₽149382
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.

-
-
-
247 500
pensions
-
-
-
45 200
unemployment
-
-
-
372
income
-
-
-
70 182
health
-
-
-
24 355
total
-
-
-
140 109
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
-
214 156
-
health
2 238
-
13 834
-
unemployment
49
-
300
-
pensions
5 372
-
33 195
-
income
5 976
-
64 808
-
total
13 635
-
112 137
-
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
-
214 156
-
health
2 308
-
14 263
-
pensions
3 067
-
18 953
-
unemployment
21
-
128
-
total
5 396
-
33 344
-
Corporate
207 449
247 500
-
-
income
39 415
47 025
-
-
total
39 415
47 025
-
-
Dividends
168 034
200 475
-
-
withholding
25 206
30 072
-
-
total
25 206
30 072
-
-
Income
247 500
247 500
247 500
247 500
Total tax
83 652
77 097
145 481
140 109
After tax
163 848
170 403
102 019
107 391
Living cost
21 021
21 021
21 021
21 021
Free-cash
142 827
149 382
80 998
86 370

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
₽131025
₽140850
₽176970
₽128286
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.

-
-
-
247 500
income
-
-
-
37 126
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
-
-
-
42 081
Employee
35 952
-
243 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
70 991
-
total
7 503
-
74 596
-
Employer
35 952
-
243 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
207 946
247 500
-
-
income
72 781
86 625
-
-
total
72 781
86 625
-
-
Dividends
135 166
160 875
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
247 500
247 500
247 500
247 500
Total tax
88 026
90 765
78 201
42 081
After tax
159 474
156 735
169 299
205 419
Living cost
28 449
28 449
28 449
28 449
Free-cash
131 025
128 286
140 850
176 970

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
₽134786
₽72656
₽142324
₽134380
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
-
-
-
247 500
income
-
-
-
37 126
health
-
-
-
17 276
social contributions
-
-
-
34 156
total
-
-
-
88 558
Employee
26 572
-
247 500
-
health
1 855
-
17 276
-
income
4 432
-
106 794
-
social contributions
3 668
-
34 156
-
total
9 955
-
158 226
-
Employer
26 572
-
247 500
-
total
-
-
-
-
Corporate
220 928
247 500
-
-
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%.

11 046
12 375
-
-
total
11 046
12 375
-
-
Dividends
209 882
235 125
-
-
social contributions
28 964
32 447
-
-
withholding
31 482
35 268
-
-
health
14 649
16 412
-
-
total
75 095
84 127
-
-
Income
247 500
247 500
247 500
247 500
Total tax
96 096
96 502
158 226
88 558
After tax
151 404
150 998
89 274
158 942
Living cost
16 618
16 618
16 618
16 618
Free-cash
134 786
134 380
72 656
142 324

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
₽140642
₽119382
₽131210
₽148467
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
-
-
-
247 500
income
-
-
-
28 271
health
-
-
-
33 413
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
7 052
total
-
-
-
94 353
Employee
32 261
-
206 943
-
health
4 355
-
27 937
-
solidarity contribution
-
-
5 990
-
income
3 871
-
25 995
-
social contributions
2 097
-
5 702
-
total
10 323
-
65 624
-
Employer
32 261
-
206 943
-
health
2 903
-
18 625
-
social contributions
8 065
-
21 932
-
total
10 968
-
40 557
-
Corporate
204 271
247 500
-
-
income
38 811
47 025
-
-
total
38 811
47 025
-
-
Dividends
165 459
200 475
-
-
withholding
24 819
30 071
-
-
total
24 819
30 071
-
-
Income
247 500
247 500
247 500
247 500
Total tax
84 921
77 096
106 181
94 353
After tax
162 579
170 404
141 319
153 147
Living cost
21 937
21 937
21 937
21 937
Free-cash
140 642
148 467
119 382
131 210

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
₽223886
₽188535
₽235074
₽225660
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%.

-
-
-
247 500
microenterprise

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

-
-
-
2 961
total
-
-
-
2 961
Employee
11 832
-
247 500
-
income
2 366
-
49 500
-
total
2 366
-
49 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

235 668
247 500
-
-
total
-
-
-
-
Dividends
235 668
247 500
-
-
withholding
11 783
12 375
-
-
total
11 783
12 375
-
-
Income
247 500
247 500
247 500
247 500
Total tax
14 149
12 375
49 500
2 961
After tax
233 351
235 125
198 000
244 539
Living cost
9 465
9 465
9 465
9 465
Free-cash
223 886
225 660
188 535
235 074

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
₽92277
₽79644
₽91413
₽86889
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
-
-
-
247 500
income
-
-
-
55 928
other
-
-
-
7 673
health
-
-
-
13 883
social contributions
-
-
-
7 052
pensions
-
-
-
33 699
surtax
-
-
-
-
total
-
-
-
118 235
Employee
49 085
-
185 673
-
pensions
5 552
-
15 348
-
income
4 283
-
47 539
-
social contributions
1 398
-
5 290
-
surtax
-
-
-
-
total
11 233
-
68 177
-
Employer
49 085
-
185 673
-
health
3 435
-
20 065
-
social contributions
147
-
558
-
pensions
8 065
-
25 404
-
unemployment
1 988
-
7 519
-
other
1 694
-
8 281
-
total
15 329
-
61 827
-
Corporate
183 085
247 500
-
-
income
51 263
69 300
-
-
surtax
-
-
-
-
total
51 263
69 300
-
-
Dividends
131 821
178 200
-
-
social contributions
22 673
30 649
-
-
surtax
-
-
-
-
withholding
16 873
22 810
-
-
total
39 546
53 459
-
-
Income
247 500
247 500
247 500
247 500
Total tax
117 371
122 759
130 004
118 235
After tax
130 129
124 741
117 496
129 265
Living cost
37 852
37 852
37 852
37 852
Free-cash
92 277
86 889
79 644
91 413

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
₽161462
₽153550
₽153550
₽165307
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.

-
-
-
247 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
58 611
health
-
-
-
5 948
total
-
-
-
80 438
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
-
237 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
58 611
-
total
6 864
-
70 102
-
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
-
237 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
223 477
247 500
-
-
income
33 522
37 125
-
-
total
33 522
37 125
-
-
Dividends
189 956
210 375
-
-
withholding
28 493
31 556
-
-
total
28 493
31 556
-
-
Income
247 500
247 500
247 500
247 500
Total tax
72 526
68 681
80 438
80 438
After tax
174 974
178 819
167 062
167 062
Living cost
13 512
13 512
13 512
13 512
Free-cash
161 462
165 307
153 550
153 550

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
₽82687
₽128409
₽135083
₽59885
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
-
-
-
247 500
pensions
-
-
-
22 770
city
-
-
-
2 620
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
-
-
-
557
regional
-
-
-
17 183
national
-
-
-
11 941
total
-
-
-
59 128
Employee
62 361
-
224 531
-
health
141
-
505
-
unemployment
-
-
1 122
-
city
669
-
2 447
-
pensions
5 239
-
15 054
-
regional
2 042
-
15 589
-
national
295
-
10 347
-
total
8 386
-
45 064
-
Employer
62 361
-
224 531
-
health
141
-
505
-
pensions
5 239
-
15 054
-
unemployment
-
-
1 122
-
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
-
20 738
-
Corporate
177 826
247 500
-
-
regional
37 611
52 347
-
-
national
15 115
21 038
-
-
total
52 726
73 385
-
-
Dividends
125 100
174 116
-
-
withholding
43 785
60 941
-
-
total
43 785
60 941
-
-
Income
247 500
247 500
247 500
247 500
Total tax
111 524
134 326
65 802
59 128
After tax
135 976
113 174
181 698
188 372
Living cost
53 289
53 289
53 289
53 289
Free-cash
82 687
59 885
128 409
135 083

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
₽120027
₽85294
₽113642
₽114669
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

-
-
-
247 500
municipal
-
-
-
43 922
health
-
-
-
3 485
national
-
-
-
56 362
total
-
-
-
103 769
Employee
41 232
-
208 210
-
health
308
-
2 879
-
unemployment
619
-
3 123
-
pensions
2 783
-
14 054
-
national
681
-
38 905
-
municipal
6 754
-
33 867
-
total
11 145
-
92 828
-
Employer
41 232
-
208 210
-
health
317
-
1 603
-
pensions
7 154
-
36 125
-
accident
42
-
208
-
unemployment
268
-
1 353
-
total
7 781
-
39 289
-
Corporate
198 488
247 500
-
-
income
39 697
49 499
-
-
total
39 697
49 499
-
-
Dividends

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

119 093
148 500
-
-
municipal
21 437
26 730
-
-
national
17 324
26 513
-
-
total
38 761
53 243
-
-
Income
247 500
247 500
247 500
247 500
Total tax
97 384
102 742
132 117
103 769
After tax
150 116
144 758
115 383
143 731
Living cost
30 089
30 089
30 089
30 089
Free-cash
120 027
114 669
85 294
113 642

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
₽96167
₽52453
₽79432
₽103271
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
-
-
-
247 500
communal

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

-
-
-
13 678
social contributions
-
-
-
19 539
national
-
-
-
106 276
total
-
-
-
139 493
Employee

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

56 059
-
191 698
-
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
-
9 010
-
communal

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

2 924
-
9 999
-
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
-
1 667
-
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
-
14 377
-
national
17 235
-
75 617
-
total
27 485
-
110 670
-
Employer

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

56 059
-
191 698
-
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
-
11 789
-
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
-
16 984
-
surtax
6 356
-
21 737
-
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
-
2 493
-
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
-
2 799
-
total
16 317
-
55 802
-
Corporate
175 123
247 500
-
-
income
37 401
58 390
-
-
surtax
748
1 167
-
-
total
38 149
59 557
-
-
Dividends
136 974
187 942
-
-
withholding

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

40 807
56 097
-
-
total
40 807
56 097
-
-
Income
247 500
247 500
247 500
247 500
Total tax
122 758
115 654
166 472
139 493
After tax
124 742
131 846
81 028
108 007
Living cost
28 575
28 575
28 575
28 575
Free-cash
96 167
103 271
52 453
79 432

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
₽100358
₽86247
₽87072
₽101122
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
-
-
-
247 500
unemployment
-
-
-
75
municipal
-
-
-
67 365
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
37 456
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
126 416
Employee
48 465
-
224 078
-
national
-
-
36 999
-
municipal
14 452
-
66 820
-
total
14 452
-
103 819
-
Employer
48 465
-
224 078
-
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
183 808
247 500
-
-
income
40 438
54 450
-
-
total
40 438
54 450
-
-
Dividends
143 370
193 050
-
-
withholding
43 011
57 915
-
-
total
43 011
57 915
-
-
Income
247 500
247 500
247 500
247 500
Total tax
113 129
112 365
127 240
126 416
After tax
134 371
135 135
120 260
121 084
Living cost
34 012
34 012
34 012
34 012
Free-cash
100 358
101 122
86 247
87 072

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
₽70946
₽198074
₽133165
₽112702
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
-
-
-
247 500
income
-
-
-
48 243
social contributions
-
-
-
28 215
total
-
-
-
76 458
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
116 612
247 500
-
-
income
25 655
54 450
-
-
total
25 655
54 450
-
-
Dividends
90 958
193 050
-
-
income
20 011
42 471
-
-
total
20 011
42 471
-
-
Income
247 500
247 500
247 500
247 500
Total tax
138 677
96 921
11 549
76 458
After tax
108 823
150 579
235 951
171 042
Living cost
37 877
37 877
37 877
37 877
Free-cash
70 946
112 702
198 074
133 165

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
₽151530
₽136388
₽138267
₽154777
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
-
-
-
247 500
income
-
-
-
64 822
health
-
-
-
6 312
social contributions
-
-
-
12 680
total
-
-
-
83 814
Employee
60 263
60 263
236 381
-
health
599
1 025
4 018
-
income
6 328
5 579
63 811
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
74 575
-
Employer
60 263
60 263
236 381
-
health
653
1 115
4 372
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
11 118
-
Corporate
208 643
181 120
-
-
income
26 080
22 640
-
-
total
26 080
22 640
-
-
Dividends
182 563
158 480
-
-
withholding
31 035
26 941
-
-
total
31 035
26 941
-
-
Income
247 500
247 500
247 500
247 500
Total tax
70 551
67 304
85 693
83 814
After tax
176 949
180 196
161 807
163 686
Living cost
25 419
25 419
25 419
25 419
Free-cash
151 530
154 777
136 388
138 267

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
₽126058
₽105647
₽127417
₽121573
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
-
-
-
247 500
income
-
-
-
82 850
pensions
-
-
-
9 097
total
-
-
-
91 947
Employee
38 621
-
215 150
-
health
504
-
2 676
-
pensions
2 948
-
10 355
-
income
7 033
-
68 336
-
total
10 485
-
81 367
-
Employer
38 621
-
215 150
-
health
734
-
4 087
-
pensions
3 902
-
28 263
-
total
4 636
-
32 350
-
Corporate
204 243
247 500
-
-
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.

38 806
47 025
-
-
total
38 806
47 025
-
-
Dividends
165 438
200 475
-
-
withholding
39 379
50 766
-
-
total
39 379
50 766
-
-
Income
247 500
247 500
247 500
247 500
Total tax
93 306
97 791
113 717
91 947
After tax
154 194
149 709
133 783
155 553
Living cost
28 136
28 136
28 136
28 136
Free-cash
126 058
121 573
105 647
127 417

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
₽95580
₽82667
₽89107
₽99145
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
-
-
-
247 500
municipal
-
-
-
1 874
regional
-
-
-
6 674
social contributions
-
-
-
39 224
national
-
-
-
79 400
total
-
-
-
127 172
Employee
66 040
-
247 500
-
social contributions
22 268
-
51 424
-
regional
997
-
6 268
-
national
11 160
-
74 155
-
municipal
394
-
1 765
-
total
34 819
-
133 612
-
Employer
66 040
-
247 500
-
total
-
-
-
-
Corporate
181 460
247 500
-
-
nationa
43 551
59 400
-
-
municipal
8 746
11 929
-
-
total
52 297
71 329
-
-
Dividends
129 163
176 171
-
-
withholding
33 583
45 805
-
-
total
33 583
45 805
-
-
Income
247 500
247 500
247 500
247 500
Total tax
120 699
117 134
133 612
127 172
After tax
126 801
130 366
113 888
120 328
Living cost
31 221
31 221
31 221
31 221
Free-cash
95 580
99 145
82 667
89 107

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
₽17479
₽121688
₽152047
₽3311
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
-
-
-
247 500
pensions
-
-
-
3 165
income
-
-
-
73 418
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
78 716
Employee
26 328
-
229 657
-
health
3 015
-
26 296
-
pensions
2 965
-
5 804
-
income
3 612
-
59 132
-
total
9 592
-
91 232
-
Employer
26 328
-
229 657
-
pensions
4 281
-
8 381
-
accident
440
-
3 835
-
unemployment
645
-
5 627
-
total
5 366
-
17 843
-
Corporate
215 807
247 500
-
-
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.

194 226
222 750
-
-
total
194 226
222 750
-
-
Dividends
21 581
24 750
-
-
withholding
4 100
4 702
-
-
total
4 100
4 702
-
-
Income
247 500
247 500
247 500
247 500
Total tax
213 284
227 452
109 075
78 716
After tax
34 216
20 048
138 425
168 784
Living cost
16 737
16 737
16 737
16 737
Free-cash
17 479
3 311
121 688
152 047

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
₽107192
₽118372
₽88085
₽96937
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.

-
-
-
247 500
trade
-
-
-
30 287
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.

-
-
-
88 642
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.

-
-
-
4 875
total
-
-
-
129 158
Employee

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

38 994
-
247 500
-
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
-
88 642
-
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
-
4 875
-
total
8 737
-
98 871
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 506
247 500
-
-
income
31 276
37 126
-
-
trade
29 920
35 517
-
-
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.

1 721
2 042
-
-
chamber of commerce
425
482
-
-
total
63 342
75 167
-
-
Dividends
145 163
172 334
-
-
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.

1 980
2 353
-
-
withholding
35 992
42 786
-
-
total
37 972
45 139
-
-
Income
247 500
247 500
247 500
247 500
Total tax
110 051
120 306
98 871
129 158
After tax
137 449
127 194
148 629
118 342
Living cost
30 257
30 257
30 257
30 257
Free-cash
107 192
96 937
118 372
88 085

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
₽175268
₽95049
₽78509
₽181697
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.

-
-
-
247 500
income
-
-
-
59 548
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
-
-
-
63 112
total
-
-
-
152 687
Employee
22 900
-
202 702
-
income
4 076
-
51 684
-
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
-
-
29 392
-
total
6 595
-
91 350
-
Employer
22 900
-
202 702
-
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
-
-
22 297
-
total
5 516
-
44 797
-
Corporate
219 084
247 500
-
-
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%.

43 817
49 499
-
-
total
43 817
49 499
-
-
Dividends

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

175 267
198 001
-
-
total
-
-
-
-
Income
247 500
247 500
247 500
247 500
Total tax
55 928
49 499
136 147
152 687
After tax
191 572
198 001
111 353
94 813
Living cost
16 304
16 304
16 304
16 304
Free-cash
175 268
181 697
95 049
78 509

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
₽143096
₽144717
₽145411
₽144697
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
-
-
-
247 500
income
-
-
-
80 087
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
92 346
Employee
14 840
-
239 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
79 714
-
total
5 097
-
85 044
-
Employer
14 840
-
239 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
229 321
247 500
-
-
income
50 451
54 450
-
-
total
50 451
54 450
-
-
Dividends
178 871
193 050
-
-
withholding
35 774
38 610
-
-
total
35 774
38 610
-
-
Income
247 500
247 500
247 500
247 500
Total tax
94 661
93 060
93 040
92 346
After tax
152 839
154 440
154 460
155 154
Living cost
9 743
9 743
9 743
9 743
Free-cash
143 096
144 697
144 717
145 411

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
₽135580
₽93279
₽98072
₽138076
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
-
-
-
247 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
87 534
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
15 768
total
-
-
-
131 825
Employee
26 392
-
225 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
82 846
-
other
-
-
-
-
surtax
94
-
14 831
-
total
8 791
-
114 601
-
Employer
26 392
-
225 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
215 551
247 500
-
-
income
56 043
64 349
-
-
total
56 043
64 349
-
-
Dividends
159 508
183 151
-
-
withholding
23 927
27 472
-
-
total
23 927
27 472
-
-
Income
247 500
247 500
247 500
247 500
Total tax
94 317
91 821
136 618
131 825
After tax
153 183
155 679
110 882
115 675
Living cost
17 603
17 603
17 603
17 603
Free-cash
135 580
138 076
93 279
98 072

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
₽110590
₽37935
₽100784
₽110976
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
-
-
-
247 500
pensions
-
-
-
16 938
<