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
₽ 78500
per

Your estimated
City
free-cash

Valencia , Spain
₽26390
₽19461
₽19618
₽30637
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
-
-
-
78 500
unemployment
-
-
-
525
income
-
-
-
14 112
other
-
-
-
75
accident
-
-
-
676
pensions
-
-
-
21 233
total
-
-
-
36 621
Employee
29 932
-
59 525
-
unemployment
464
-
923
-
pensions
1 407
-
2 797
-
income
5 771
-
14 022
-
other
29
-
60
-
total
7 671
-
17 802
-
Employer
29 932
-
59 525
-
pensions
7 063
-
14 049
-
accident
593
-
1 178
-
unemployment
1 647
-
3 274
-
other
240
-
475
-
total
9 543
-
18 976
-
Corporate
39 025
78 500
-
-
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.

5 854
11 775
-
-
total
5 854
11 775
-
-
Dividends
33 170
66 725
-
-
withholding
6 781
13 827
-
-
total
6 781
13 827
-
-
Income
78 500
78 500
78 500
78 500
Total tax
29 849
25 602
36 778
36 621
After tax
48 651
52 898
41 722
41 879
Living cost
22 261
22 261
22 261
22 261
Free-cash
26 390
30 637
19 461
19 618

Estimated living cost  is ₽22261 per week

₽15026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
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.
₽4705
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
₽30639
₽24445
₽20938
₽36104
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
-
-
-
78 500
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.

-
-
-
18 840
income
-
-
-
9 971
other
-
-
-
3 728
health
-
-
-
3 453
total
-
-
-
35 992
Employee
29 392
-
62 700
-
health
412
-
877
-
unemployment
293
-
627
-
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.

2 057
-
4 389
-
income
5 060
-
10 793
-
total
7 822
-
16 686
-
Employer
29 392
-
62 700
-
health
412
-
877
-
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.

4 997
-
10 658
-
accident
235
-
502
-
unemployment
293
-
627
-
other
1 470
-
3 135
-
total
7 407
-
15 799
-
Corporate
41 700
78 500
-
-
income
8 756
16 485
-
-
total
8 756
16 485
-
-
Dividends
32 944
62 015
-
-
withholding
2 306
4 341
-
-
total
2 306
4 341
-
-
Income
78 500
78 500
78 500
78 500
Total tax
26 291
20 826
32 485
35 992
After tax
52 209
57 674
46 015
42 508
Living cost
21 570
21 570
21 570
21 570
Free-cash
30 639
36 104
24 445
20 938

Estimated living cost  is ₽21570 per week

₽15241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
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.
₽4526
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
₽52724
₽50922
₽48535
₽56488
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
-
-
-
78 500
pensions

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

-
-
-
4 191
unemployment
-
-
-
113
income
-
-
-
11 775
health
-
-
-
3 257
total
-
-
-
19 336
Employee
14 075
-
72 944
-
health
647
-
1 303
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 236
-
2 486
-
income
1 407
-
7 294
-
total
3 445
-
11 394
-
Employer
14 075
-
72 944
-
health
971
-
1 954
-
pensions

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

1 551
-
3 120
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 761
-
5 555
-
Corporate
61 664
78 500
-
-
income
6 166
7 850
-
-
total
6 166
7 850
-
-
Dividends
55 497
70 650
-
-
withholding
2 775
3 533
-
-
total
2 775
3 533
-
-
Income
78 500
78 500
78 500
78 500
Total tax
15 147
11 383
16 949
19 336
After tax
63 353
67 117
61 551
59 164
Living cost
10 629
10 629
10 629
10 629
Free-cash
52 724
56 488
50 922
48 535

Estimated living cost  is ₽10629 per week

₽6206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽282
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.
₽3383
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
₽16651
₽16865
₽17578
₽11869
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
-
-
-
78 500
income
-
-
-
7 129
other
-
-
-
2 436
health
-
-
-
1 318
social contributions
-
-
-
2 237
pensions
-
-
-
20 106
surtax
-
-
-
-
total
-
-
-
33 226
Employee
34 646
-
59 818
-
pensions
3 917
-
6 767
-
income
2 045
-
6 785
-
social contributions
988
-
1 704
-
surtax
-
-
-
-
total
6 950
-
15 256
-
Employer
34 646
-
59 818
-
health
2 426
-
4 188
-
social contributions
104
-
180
-
pensions
5 692
-
9 829
-
unemployment
1 403
-
2 423
-
other
1 195
-
2 063
-
total
10 820
-
18 683
-
Corporate
33 035
78 500
-
-
income
9 249
21 980
-
-
surtax
-
-
-
-
total
9 249
21 980
-
-
Dividends
23 785
56 520
-
-
social contributions
4 089
9 721
-
-
surtax
-
-
-
-
withholding
3 045
7 234
-
-
total
7 134
16 955
-
-
Income
78 500
78 500
78 500
78 500
Total tax
34 153
38 935
33 939
33 226
After tax
44 347
39 565
44 561
45 274
Living cost
27 696
27 696
27 696
27 696
Free-cash
16 651
11 869
16 865
17 578

Estimated living cost  is ₽27696 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
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.
₽7510
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
-₽1885
-₽1885
₽10660
₽2660
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
-
-
-
78 500
pensions
-
-
-
9 484
income
-
-
-
14 885
health
-
-
-
9 560
total
-
-
-
33 929
Employee
69 129
69 129
69 129
-
health
10 611
9 025
10 611
-
pensions
12 443
9 484
12 443
-
income

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

11 315
11 315
11 315
-
total
34 369
29 824
34 369
-
Employer
69 129
69 129
69 129
-
health
4 805
4 805
4 805
-
pensions
4 811
4 811
4 811
-
unemployment
2 489
2 489
2 489
-
total
12 105
12 105
12 105
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
78 500
78 500
78 500
78 500
Total tax
46 474
41 929
46 474
33 929
After tax
32 026
36 571
32 026
44 571
Living cost
33 911
33 911
33 911
33 911
Free-cash
-1 885
2 660
-1 885
10 660

Estimated living cost  is ₽33911 per week

₽24032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽6283
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
₽24135
₽31663
₽25226
₽15179
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.

-
-
-
78 500
trade
-
-
-
6 437
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.

-
-
-
15 912
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.

-
-
-
5 530
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.

-
-
-
876
total
-
-
-
28 755
Employee

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

30 962
-
78 500
-
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.

5 530
-
5 530
-
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.

865
-
15 912
-
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.

48
-
876
-
total
6 443
-
22 318
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 538
78 500
-
-
income
7 131
11 775
-
-
trade
7 487
12 363
-
-
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.

392
648
-
-
chamber of commerce
190
235
-
-
total
15 200
25 021
-
-
Dividends
32 337
53 478
-
-
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.

427
719
-
-
withholding
7 776
13 062
-
-
total
8 203
13 781
-
-
Income
78 500
78 500
78 500
78 500
Total tax
29 846
38 802
22 318
28 755
After tax
48 654
39 698
56 182
49 745
Living cost
24 519
24 519
24 519
24 519
Free-cash
24 135
15 179
31 663
25 226

Estimated living cost  is ₽24519 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽5779
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
₽34329
₽37203
₽37278
₽38735
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
-
-
-
78 500
income
-
-
-
8 231
health
-
-
-
2 002
social contributions
-
-
-
12 247
total
-
-
-
22 480
Employee
62 247
62 247
71 266
-
health
482
1 058
1 212
-
income
6 778
5 762
8 197
-
social contributions
2 353
5 166
5 914
-
total
9 613
11 986
15 323
-
Employer
62 247
62 247
71 266
-
health
524
1 152
1 318
-
social contributions
2 353
5 166
5 914
-
total
2 877
6 318
7 232
-
Corporate
47 267
9 934
-
-
income
5 908
1 241
-
-
total
5 908
1 241
-
-
Dividends
41 359
8 693
-
-
withholding
7 031
1 478
-
-
total
7 031
1 478
-
-
Income
78 500
78 500
78 500
78 500
Total tax
25 429
21 023
22 555
22 480
After tax
53 071
57 477
55 945
56 020
Living cost
18 742
18 742
18 742
18 742
Free-cash
34 329
38 735
37 203
37 278

Estimated living cost  is ₽18742 per week

₽11233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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.
₽5257
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
₽18445
₽14798
₽18623
₽19259
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.

-
-
-
78 500
income
-
-
-
7 207
social contributions

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

-
-
-
27 278
surtax
-
-
-
-
total
-
-
-
34 485
Employee
37 231
-
63 435
-
income
7 744
-
16 268
-
social contributions
4 095
-
6 977
-
surtax
-
-
-
-
total
11 839
-
23 245
-
Employer
37 231
-
63 435
-
social contributions
8 842
-
15 065
-
total
8 842
-
15 065
-
Corporate
32 427
78 500
-
-
income
6 810
16 485
-
-
surtax
-
-
-
-
total
6 810
16 485
-
-
Dividends
25 617
62 015
-
-
withholding
7 172
17 364
-
-
total
7 172
17 364
-
-
Income
78 500
78 500
78 500
78 500
Total tax
34 663
33 849
38 310
34 485
After tax
43 837
44 651
40 190
44 015
Living cost
25 392
25 392
25 392
25 392
Free-cash
18 445
19 259
14 798
18 623

Estimated living cost  is ₽25392 per week

₽18998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4472
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
₽67394
₽56753
₽71668
₽68528
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%.

-
-
-
78 500
microenterprise

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

-
-
-
785
total
-
-
-
785
Employee
7 559
-
78 500
-
income
1 512
-
15 700
-
total
1 512
-
15 700
-
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%.

70 941
78 500
-
-
total
-
-
-
-
Dividends
70 941
78 500
-
-
withholding
3 547
3 925
-
-
total
3 547
3 925
-
-
Income
78 500
78 500
78 500
78 500
Total tax
5 059
3 925
15 700
785
After tax
73 441
74 575
62 800
77 715
Living cost
6 047
6 047
6 047
6 047
Free-cash
67 394
68 528
56 753
71 668

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
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.
₽1631
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
₽25562
₽16760
₽19007
₽32334
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.

-
-
-
78 500
pensions
-
-
-
14 336
unemployment
-
-
-
118
income
-
-
-
15 600
health
-
-
-
7 726
total
-
-
-
37 780
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.

35 797
-
67 923
-
health
2 312
-
4 387
-
unemployment
51
-
95
-
pensions
5 549
-
10 528
-
income
6 173
-
14 441
-
total
14 085
-
29 451
-
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.

35 797
-
67 923
-
health
2 384
-
4 524
-
pensions
3 168
-
6 011
-
unemployment
22
-
41
-
total
5 574
-
10 576
-
Corporate
37 130
78 500
-
-
income
7 054
14 915
-
-
total
7 054
14 915
-
-
Dividends
30 076
63 585
-
-
withholding
4 512
9 538
-
-
total
4 512
9 538
-
-
Income
78 500
78 500
78 500
78 500
Total tax
31 225
24 453
40 027
37 780
After tax
47 275
54 047
38 473
40 720
Living cost
21 713
21 713
21 713
21 713
Free-cash
25 562
32 334
16 760
19 007

Estimated living cost  is ₽21713 per week

₽14901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽5000
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
₽20798
₽28228
₽20947
₽17363
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.

-
-
-
78 500
income
-
-
-
23 043
health

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

-
-
-
5 125
total
-
-
-
28 168
Employee
37 135
-
74 776
-
social contributions
3 721
-
3 724
-
income
4 029
-
13 439
-
total
7 750
-
17 163
-
Employer
37 135
-
74 776
-
social contributions
3 721
-
3 724
-
total
3 721
-
3 724
-
Corporate
37 644
78 500
-
-
income
13 176
27 475
-
-
total
13 176
27 475
-
-
Dividends
24 468
51 025
-
-
social contributions
3 670
4 277
-
-
total
3 670
4 277
-
-
Income
78 500
78 500
78 500
78 500
Total tax
28 317
31 752
20 887
28 168
After tax
50 183
46 748
57 613
50 332
Living cost
29 385
29 385
29 385
29 385
Free-cash
20 798
17 363
28 228
20 947

Estimated living cost  is ₽29385 per week

₽19356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
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.
₽7262
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
₽31146
₽33511
₽33247
₽30727
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
-
-
-
78 500
income
-
-
-
11 775
health
-
-
-
5 480
social contributions
-
-
-
10 833
total
-
-
-
28 088
Employee
27 447
-
78 500
-
health
1 916
-
5 480
-
income
4 578
-
11 511
-
social contributions
3 788
-
10 833
-
total
10 282
-
27 824
-
Employer
27 447
-
78 500
-
total
-
-
-
-
Corporate
51 053
78 500
-
-
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%.

2 553
3 925
-
-
total
2 553
3 925
-
-
Dividends
48 500
74 575
-
-
social contributions
6 693
10 291
-
-
withholding
7 275
11 187
-
-
health
3 386
5 205
-
-
total
17 354
26 683
-
-
Income
78 500
78 500
78 500
78 500
Total tax
30 189
30 608
27 824
28 088
After tax
48 311
47 892
50 676
50 412
Living cost
17 165
17 165
17 165
17 165
Free-cash
31 146
30 727
33 511
33 247

Estimated living cost  is ₽17165 per week

₽11488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽4223
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
₽23356
₽17214
₽15611
₽31425
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
-
-
-
78 500
income
-
-
-
6 747
health
-
-
-
10 598
social contributions
-
-
-
22 922
solidarity contribution
-
-
-
-
total
-
-
-
40 267
Employee
33 268
-
58 582
-
health
4 491
-
7 909
-
solidarity contribution
-
-
-
-
income
3 992
-
7 030
-
social contributions
2 162
-
3 808
-
total
10 645
-
18 747
-
Employer
33 268
-
58 582
-
health
2 994
-
5 272
-
social contributions
8 317
-
14 645
-
total
11 311
-
19 917
-
Corporate
33 921
78 500
-
-
income
6 445
14 915
-
-
total
6 445
14 915
-
-
Dividends
27 476
63 585
-
-
withholding
4 121
9 538
-
-
total
4 121
9 538
-
-
Income
78 500
78 500
78 500
78 500
Total tax
32 522
24 453
38 664
40 267
After tax
45 978
54 047
39 836
38 233
Living cost
22 622
22 622
22 622
22 622
Free-cash
23 356
31 425
17 214
15 611

Estimated living cost  is ₽22622 per week

₽16823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
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.
₽4154
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
₽63385
₽53377
₽68292
₽65152
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%.

-
-
-
78 500
microenterprise

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

-
-
-
785
total
-
-
-
785
Employee
11 779
-
78 500
-
income
2 356
-
15 700
-
total
2 356
-
15 700
-
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%.

66 721
78 500
-
-
total
-
-
-
-
Dividends
66 721
78 500
-
-
withholding
3 336
3 925
-
-
total
3 336
3 925
-
-
Income
78 500
78 500
78 500
78 500
Total tax
5 692
3 925
15 700
785
After tax
72 808
74 575
62 800
77 715
Living cost
9 423
9 423
9 423
9 423
Free-cash
63 385
65 152
53 377
68 292

Estimated living cost  is ₽9423 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
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.
₽2335
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
₽6028
₽5463
₽6176
₽467
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
-
-
-
78 500
income
-
-
-
7 129
other
-
-
-
2 436
health
-
-
-
1 318
social contributions
-
-
-
2 237
pensions
-
-
-
20 106
surtax
-
-
-
-
total
-
-
-
33 226
Employee
50 701
-
59 818
-
pensions
5 735
-
6 767
-
income
4 424
-
6 785
-
social contributions
1 444
-
1 704
-
surtax
-
-
-
-
total
11 603
-
15 256
-
Employer
50 701
-
59 818
-
health
3 549
-
4 188
-
social contributions
152
-
180
-
pensions
8 331
-
9 829
-
unemployment
2 054
-
2 423
-
other
1 750
-
2 063
-
total
15 836
-
18 683
-
Corporate
11 964
78 500
-
-
income
3 350
21 980
-
-
surtax
-
-
-
-
total
3 350
21 980
-
-
Dividends
8 613
56 520
-
-
social contributions
1 482
9 721
-
-
surtax
-
-
-
-
withholding
1 103
7 234
-
-
total
2 585
16 955
-
-
Income
78 500
78 500
78 500
78 500
Total tax
33 374
38 935
33 939
33 226
After tax
45 126
39 565
44 561
45 274
Living cost
39 098
39 098
39 098
39 098
Free-cash
6 028
467
5 463
6 176

Estimated living cost  is ₽39098 per week

₽26461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽8902
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
₽38798
₽27318
₽27318
₽42766
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.

-
-
-
78 500
pensions
-
-
-
15 499
unemployment
-
-
-
894
income
-
-
-
14 699
health
-
-
-
6 140
total
-
-
-
37 232
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.

21 035
-
67 830
-
health
1 083
-
3 070
-
unemployment
158
-
447
-
pensions
2 945
-
8 346
-
income
2 899
-
14 699
-
total
7 085
-
26 562
-
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.

21 035
-
67 830
-
health
1 083
-
3 070
-
pensions
2 524
-
7 153
-
unemployment
158
-
447
-
total
3 765
-
10 670
-
Corporate
53 700
78 500
-
-
income
8 055
11 775
-
-
total
8 055
11 775
-
-
Dividends
45 645
66 725
-
-
withholding
6 847
10 009
-
-
total
6 847
10 009
-
-
Income
78 500
78 500
78 500
78 500
Total tax
25 752
21 784
37 232
37 232
After tax
52 748
56 716
41 268
41 268
Living cost
13 950
13 950
13 950
13 950
Free-cash
38 798
42 766
27 318
27 318

Estimated living cost  is ₽13950 per week

₽9392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽3075
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
₽3641
₽5044
₽8931
-₽20479
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
-
-
-
78 500
pensions
-
-
-
7 222
city
-
-
-
827
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.

-
-
-
1 570
health
-
-
-
184
regional
-
-
-
2 821
national
-
-
-
569
total
-
-
-
13 193
Employee
65 974
-
70 261
-
health
149
-
158
-
unemployment
-
-
-
-
city
708
-
754
-
pensions
5 543
-
5 902
-
regional
2 160
-
2 393
-
national
312
-
408
-
total
8 872
-
9 615
-
Employer
65 974
-
70 261
-
health
149
-
158
-
pensions
5 543
-
5 902
-
unemployment
-
-
-
-
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.

1 319
-
1 405
-
total
7 011
-
7 465
-
Corporate
4 789
78 500
-
-
regional
1 014
16 602
-
-
national
407
6 672
-
-
total
1 421
23 274
-
-
Dividends
3 369
55 226
-
-
withholding
1 179
19 329
-
-
total
1 179
19 329
-
-
Income
78 500
78 500
78 500
78 500
Total tax
18 483
42 603
17 080
13 193
After tax
60 017
35 897
61 420
65 307
Living cost
56 376
56 376
56 376
56 376
Free-cash
3 641
-20 479
5 044
8 931

Estimated living cost  is ₽56376 per week

₽36660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
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.
₽13964
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
₽19288
₽13900
₽24938
₽21303
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

-
-
-
78 500
municipal
-
-
-
13 973
health
-
-
-
871
national
-
-
-
7 639
total
-
-
-
22 483
Employee
42 590
-
66 038
-
health
318
-
679
-
unemployment
639
-
991
-
pensions
2 874
-
4 458
-
national
704
-
4 149
-
municipal
6 976
-
10 784
-
total
11 511
-
21 061
-
Employer
42 590
-
66 038
-
health
327
-
508
-
pensions
7 389
-
11 457
-
accident
43
-
66
-
unemployment
277
-
429
-
total
8 036
-
12 460
-
Corporate
27 874
78 500
-
-
income
5 575
15 700
-
-
total
5 575
15 700
-
-
Dividends

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

16 725
47 100
-
-
municipal
3 011
8 478
-
-
national
-
1 940
-
-
total
3 011
10 418
-
-
Income
78 500
78 500
78 500
78 500
Total tax
28 133
26 118
33 521
22 483
After tax
50 367
52 382
44 979
56 017
Living cost
31 079
31 079
31 079
31 079
Free-cash
19 288
21 303
13 900
24 938

Estimated living cost  is ₽31079 per week

₽20301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
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.
₽7295
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
₽2377
₽1236
₽7653
₽14520
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
-
-
-
78 500
communal

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

-
-
-
3 983
social contributions
-
-
-
12 113
national
-
-
-
25 235
total
-
-
-
41 331
Employee

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

57 905
-
60 800
-
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.

2 721
-
2 857
-
communal

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

3 020
-
3 171
-
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.

504
-
528
-
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.

4 343
-
4 559
-
national
17 802
-
18 934
-
total
28 390
-
30 049
-
Employer

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

57 905
-
60 800
-
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.

3 561
-
3 739
-
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.

5 131
-
5 387
-
surtax
6 566
-
6 894
-
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.

753
-
791
-
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.

845
-
888
-
total
16 856
-
17 699
-
Corporate
3 740
78 500
-
-
income
748
15 700
-
-
surtax
15
313
-
-
total
763
16 013
-
-
Dividends
2 977
62 487
-
-
withholding

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

598
18 451
-
-
total
598
18 451
-
-
Income
78 500
78 500
78 500
78 500
Total tax
46 607
34 464
47 748
41 331
After tax
31 893
44 036
30 752
37 169
Living cost
29 516
29 516
29 516
29 516
Free-cash
2 377
14 520
1 236
7 653

Estimated living cost  is ₽29516 per week

₽19012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7461
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
₽7171
₽7014
₽4630
₽7955
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
-
-
-
78 500
unemployment
-
-
-
77
municipal
-
-
-
16 800
other
-
-
-
8 890
health
-
-
-
4 774
national
-
-
-
-
accident
-
-
-
153
pensions
-
-
-
8 270
total
-
-
-
38 964
Employee
49 738
-
59 732
-
national
-
-
-
-
municipal
14 832
-
17 812
-
total
14 832
-
17 812
-
Employer
49 738
-
59 732
-
health
3 059
-
3 673
-
pensions
5 377
-
6 457
-
accident
100
-
120
-
unemployment
1 313
-
1 577
-
other
5 780
-
6 941
-
total
15 629
-
18 768
-
Corporate
13 134
78 500
-
-
income
2 889
17 270
-
-
total
2 889
17 270
-
-
Dividends
10 245
61 230
-
-
withholding
3 073
18 369
-
-
total
3 073
18 369
-
-
Income
78 500
78 500
78 500
78 500
Total tax
36 423
35 639
36 580
38 964
After tax
42 077
42 861
41 920
39 536
Living cost
34 906
34 906
34 906
34 906
Free-cash
7 171
7 955
7 014
4 630

Estimated living cost  is ₽34906 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽7817
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
-₽54164
₽28404
₽15859
₽9368
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
-
-
-
78 500
income
-
-
-
15 301
social contributions
-
-
-
8 949
total
-
-
-
24 250
Employee
55 047
-
-
-
income
12 142
-
-
-
social contributions
4 514
-
643
-
total
16 656
-
643
-
Employer
55 047
-
-
-
social contributions
77 617
-
11 062
-
total
77 617
-
11 062
-
Corporate
-
78 500
-
-
income
-
17 270
-
-
total
-
17 270
-
-
Dividends
-
61 230
-
-
income
-
13 471
-
-
total
-
13 471
-
-
Income
78 500
78 500
78 500
78 500
Total tax
94 273
30 741
11 705
24 250
After tax
-15 773
47 759
66 795
54 250
Living cost
38 391
38 391
38 391
38 391
Free-cash
-54 164
9 368
28 404
15 859

Estimated living cost  is ₽38391 per week

₽24910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽9381
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
₽27861
₽29689
₽29764
₽31221
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
-
-
-
78 500
income
-
-
-
8 231
health
-
-
-
2 002
social contributions
-
-
-
12 247
total
-
-
-
22 480
Employee
62 247
62 247
71 266
-
health
619
1 058
1 212
-
income
6 537
5 762
8 197
-
social contributions
3 025
5 166
5 914
-
total
10 181
11 986
15 323
-
Employer
62 247
62 247
71 266
-
health
674
1 152
1 318
-
social contributions
3 025
5 166
5 914
-
total
3 699
6 318
7 232
-
Corporate
38 364
9 934
-
-
income
4 796
1 241
-
-
total
4 796
1 241
-
-
Dividends
33 568
8 693
-
-
withholding
5 707
1 478
-
-
total
5 707
1 478
-
-
Income
78 500
78 500
78 500
78 500
Total tax
24 383
21 023
22 555
22 480
After tax
54 117
57 477
55 945
56 020
Living cost
26 256
26 256
26 256
26 256
Free-cash
27 861
31 221
29 689
29 764

Estimated living cost  is ₽26256 per week

₽17949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
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.
₽5816
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
₽25485
₽20218
₽27574
₽28782
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
-
-
-
78 500
income
-
-
-
16 227
pensions
-
-
-
5 764
total
-
-
-
21 991
Employee
39 717
-
69 116
-
health
518
-
1 120
-
pensions
3 031
-
6 560
-
income
7 233
-
12 287
-
total
10 782
-
19 967
-
Employer
39 717
-
69 116
-
health
755
-
1 312
-
pensions
4 013
-
8 068
-
total
4 768
-
9 380
-
Corporate
34 015
78 500
-
-
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.

6 463
14 915
-
-
total
6 463
14 915
-
-
Dividends
27 553
63 585
-
-
withholding
2 067
5 868
-
-
total
2 067
5 868
-
-
Income
78 500
78 500
78 500
78 500
Total tax
24 080
20 783
29 347
21 991
After tax
54 420
57 717
49 153
56 509
Living cost
28 935
28 935
28 935
28 935
Free-cash
25 485
28 782
20 218
27 574

Estimated living cost  is ₽28935 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
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.
₽6061
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
₽5417
₽3895
₽7487
₽9099
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
-
-
-
78 500
municipal
-
-
-
525
regional
-
-
-
1 544
social contributions
-
-
-
20 190
national
-
-
-
16 505
total
-
-
-
38 764
Employee
68 214
-
78 500
-
social contributions
23 001
-
26 470
-
regional
1 030
-
1 299
-
national
11 528
-
14 118
-
municipal
407
-
469
-
total
35 966
-
42 356
-
Employer
68 214
-
78 500
-
total
-
-
-
-
Corporate
10 286
78 500
-
-
nationa
2 469
18 840
-
-
municipal
496
3 784
-
-
total
2 965
22 624
-
-
Dividends
7 321
55 876
-
-
withholding
1 903
14 528
-
-
total
1 903
14 528
-
-
Income
78 500
78 500
78 500
78 500
Total tax
40 834
37 152
42 356
38 764
After tax
37 666
41 348
36 144
39 736
Living cost
32 249
32 249
32 249
32 249
Free-cash
5 417
9 099
3 895
7 487

Estimated living cost  is ₽32249 per week

₽22653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
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.
₽6890
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
₽3730
₽23427
₽36727
-₽10788
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
-
-
-
78 500
pensions
-
-
-
3 243
income
-
-
-
19 197
other
-
-
-
289
health
-
-
-
1 700
accident
-
-
-
197
total
-
-
-
24 626
Employee
26 974
-
67 146
-
health
3 088
-
7 688
-
pensions
3 037
-
5 947
-
income
3 701
-
12 938
-
total
9 826
-
26 573
-
Employer
26 974
-
67 146
-
pensions
4 386
-
8 587
-
accident
450
-
1 121
-
unemployment
661
-
1 645
-
total
5 497
-
11 353
-
Corporate
46 029
78 500
-
-
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.

41 426
70 650
-
-
total
41 426
70 650
-
-
Dividends
4 603
7 850
-
-
withholding
874
1 491
-
-
total
874
1 491
-
-
Income
78 500
78 500
78 500
78 500
Total tax
57 623
72 141
37 926
24 626
After tax
20 877
6 359
40 574
53 874
Living cost
17 147
17 147
17 147
17 147
Free-cash
3 730
-10 788
23 427
36 727

Estimated living cost  is ₽17147 per week

₽12568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
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.
₽3272
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
₽19845
₽24929
₽19065
₽9252
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.

-
-
-
78 500
trade
-
-
-
5 864
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.

-
-
-
15 912
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.

-
-
-
5 530
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.

-
-
-
876
total
-
-
-
28 182
Employee

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

40 278
-
78 500
-
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.

5 530
-
5 530
-
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.

3 312
-
15 912
-
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.

183
-
876
-
total
9 025
-
22 318
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 222
78 500
-
-
income
5 733
11 775
-
-
trade
5 484
11 265
-
-
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.

315
648
-
-
chamber of commerce
178
238
-
-
total
11 710
23 926
-
-
Dividends
26 511
54 574
-
-
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.

347
733
-
-
withholding
6 320
13 336
-
-
total
6 667
14 069
-
-
Income
78 500
78 500
78 500
78 500
Total tax
27 402
37 995
22 318
28 182
After tax
51 098
40 505
56 182
50 318
Living cost
31 253
31 253
31 253
31 253
Free-cash
19 845
9 252
24 929
19 065

Estimated living cost  is ₽31253 per week

₽21559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽5877
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
₽39318
₽27433
₽25093
₽45959
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.

-
-
-
78 500
income
-
-
-
11 328
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.

-
-
-
25 238
surtax
-
-
-
-
total
-
-
-
36 566
Employee
23 654
-
63 261
-
income
4 211
-
12 028
-
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.

2 602
-
6 959
-
surtax
-
-
-
-
total
6 813
-
18 987
-
Employer
23 654
-
63 261
-
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.

5 698
-
15 239
-
surtax
-
-
-
-
total
5 698
-
15 239
-
Corporate
49 148
78 500
-
-
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%.

9 830
15 700
-
-
total
9 830
15 700
-
-
Dividends

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

39 318
62 800
-
-
total
-
-
-
-
Income
78 500
78 500
78 500
78 500
Total tax
22 341
15 700
34 226
36 566
After tax
56 159
62 800
44 274
41 934
Living cost
16 841
16 841
16 841
16 841
Free-cash
39 318
45 959
27 433
25 093

Estimated living cost  is ₽16841 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4111
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
₽37412
₽34539
₽35249
₽39044
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
-
-
-
78 500
income
-
-
-
20 805
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
33 311
Employee
15 139
-
70 344
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 362
-
3 263
-
income
2 929
-
20 425
-
total
5 199
-
25 864
-
Employer
15 139
-
70 344
-
health
1 438
-
3 444
-
pensions
1 665
-
3 988
-
unemployment
303
-
725
-
total
3 406
-
8 157
-
Corporate
59 954
78 500
-
-
income
13 190
17 270
-
-
total
13 190
17 270
-
-
Dividends
46 764
61 230
-
-
withholding
9 353
12 246
-
-
total
9 353
12 246
-
-
Income
78 500
78 500
78 500
78 500
Total tax
31 148
29 516
34 021
33 311
After tax
47 352
48 984
44 479
45 189
Living cost
9 940
9 940
9 940
9 940
Free-cash
37 412
39 044
34 539
35 249

Estimated living cost  is ₽9940 per week

₽5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
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.
₽2999
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
₽28618
₽20939
₽22456
₽31195
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
-
-
-
78 500
pensions
-
-
-
15 700
unemployment
-
-
-
184
income
-
-
-
14 654
other
-
-
-
-
health
-
-
-
5 573
surtax
-
-
-
1 751
total
-
-
-
37 862
Employee
27 261
-
64 849
-
health
696
-
1 654
-
unemployment
1 897
-
4 513
-
pensions
1 819
-
4 326
-
income
4 570
-
13 660
-
other
-
-
-
-
surtax
97
-
1 576
-
total
9 079
-
25 729
-
Employer
27 261
-
64 849
-
health
1 240
-
2 951
-
pensions
3 635
-
8 644
-
unemployment
865
-
2 055
-
other
-
-
-
-
total
5 740
-
13 650
-
Corporate
45 499
78 500
-
-
income
11 830
20 410
-
-
total
11 830
20 410
-
-
Dividends
33 669
58 090
-
-
withholding
5 051
8 713
-
-
total
5 051
8 713
-
-
Income
78 500
78 500
78 500
78 500
Total tax
31 700
29 123
39 379
37 862
After tax
46 800
49 377
39 121
40 638
Living cost
18 182
18 182
18 182
18 182
Free-cash
28 618
31 195
20 939
22 456

Estimated living cost  is ₽18182 per week

₽10978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽5203
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
₽17906
-₽1668
₽14283
₽18304
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
-
-
-
78 500
pensions
-
-
-
14 523
chamber of commerce
-
-
-
313
unemployment
-
-
-