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
₽ 86500
per

Your estimated
City
free-cash

Valencia , Spain
₽32602
₽23541
₽25608
₽36712
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
-
-
-
86 500
unemployment
-
-
-
509
income
-
-
-
17 549
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
39 341
Employee
28 978
-
65 590
-
unemployment
449
-
1 017
-
pensions
1 362
-
3 083
-
income
5 587
-
16 333
-
other
28
-
65
-
total
7 426
-
20 498
-
Employer
28 978
-
65 590
-
pensions
6 838
-
15 479
-
accident
574
-
1 298
-
unemployment
1 594
-
3 608
-
other
232
-
525
-
total
9 238
-
20 910
-
Corporate
48 283
86 500
-
-
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.

7 243
12 975
-
-
total
7 243
12 975
-
-
Dividends
41 040
73 525
-
-
withholding
8 440
15 262
-
-
total
8 440
15 262
-
-
Income
86 500
86 500
86 500
86 500
Total tax
32 347
28 237
41 408
39 341
After tax
54 153
58 263
45 092
47 159
Living cost
21 551
21 551
21 551
21 551
Free-cash
32 602
36 712
23 541
25 608

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
₽37375
₽29377
₽25803
₽42669
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
-
-
-
86 500
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.

-
-
-
20 760
income
-
-
-
11 139
other
-
-
-
4 109
health
-
-
-
3 806
total
-
-
-
39 814
Employee
28 456
-
69 088
-
health
399
-
967
-
unemployment
284
-
692
-
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
-
4 836
-
income
4 899
-
12 332
-
total
7 573
-
18 827
-
Employer
28 456
-
69 088
-
health
399
-
967
-
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
-
11 746
-
accident
228
-
553
-
unemployment
284
-
692
-
other
1 423
-
3 455
-
total
7 172
-
17 413
-
Corporate
50 873
86 500
-
-
income
10 683
18 165
-
-
total
10 683
18 165
-
-
Dividends
40 190
68 335
-
-
withholding
2 814
4 783
-
-
total
2 814
4 783
-
-
Income
86 500
86 500
86 500
86 500
Total tax
28 242
22 948
36 240
39 814
After tax
58 258
63 552
50 260
46 686
Living cost
20 883
20 883
20 883
20 883
Free-cash
37 375
42 669
29 377
25 803

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
₽60047
₽58786
₽55948
₽63687
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
-
-
-
86 500
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
-
-
-
12 975
health
-
-
-
3 147
total
-
-
-
20 281
Employee
13 600
-
81 132
-
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
-
8 113
-
total
3 330
-
12 076
-
Employer
13 600
-
81 132
-
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
70 232
86 500
-
-
income
7 023
8 650
-
-
total
7 023
8 650
-
-
Dividends
63 209
77 850
-
-
withholding
3 160
3 892
-
-
total
3 160
3 892
-
-
Income
86 500
86 500
86 500
86 500
Total tax
16 182
12 542
17 444
20 281
After tax
70 318
73 958
69 056
66 219
Living cost
10 270
10 270
10 270
10 270
Free-cash
60 047
63 687
58 786
55 948

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
₽21412
₽26419
₽22769
₽16782
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
-
-
-
86 500
income
-
-
-
9 388
other
-
-
-
2 681
health
-
-
-
2 048
social contributions
-
-
-
2 464
pensions
-
-
-
20 337
surtax
-
-
-
-
total
-
-
-
36 918
Employee
33 541
-
69 752
-
pensions
3 792
-
3 618
-
income
1 980
-
10 917
-
social contributions
956
-
1 987
-
surtax
-
-
-
-
total
6 728
-
16 522
-
Employer
33 541
-
69 752
-
health
2 348
-
4 995
-
social contributions
101
-
210
-
pensions
5 510
-
6 311
-
unemployment
1 358
-
2 824
-
other
1 157
-
2 406
-
total
10 474
-
16 746
-
Corporate
42 484
86 500
-
-
income
11 895
24 220
-
-
surtax
-
-
-
-
total
11 895
24 220
-
-
Dividends
30 589
62 280
-
-
social contributions
5 262
10 713
-
-
surtax
-
-
-
-
withholding
3 916
7 972
-
-
total
9 178
18 685
-
-
Income
86 500
86 500
86 500
86 500
Total tax
38 275
42 905
33 268
36 918
After tax
48 225
43 595
53 232
49 582
Living cost
26 813
26 813
26 813
26 813
Free-cash
21 412
16 782
26 419
22 769

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
₽4424
₽11524
₽16411
₽9226
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
-
-
-
86 500
pensions
-
-
-
9 182
income
-
-
-
18 412
health
-
-
-
9 664
total
-
-
-
37 258
Employee
66 925
66 925
73 610
-
health
10 272
8 737
9 118
-
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
10 955
-
total
33 274
28 874
29 255
-
Employer
66 925
66 925
73 610
-
health
4 652
4 652
5 116
-
pensions
4 658
4 658
5 124
-
unemployment
2 409
2 409
2 650
-
total
11 719
11 719
12 890
-
Corporate
8 676
7 855
-
-
income
1 736
1 571
-
-
total
1 736
1 571
-
-
Dividends
6 941
6 285
-
-
income
1 475
1 336
-
-
withholding
1 041
943
-
-
total
2 516
2 279
-
-
Income
86 500
86 500
86 500
86 500
Total tax
49 245
44 443
42 145
37 258
After tax
37 255
42 057
44 355
49 242
Living cost
32 831
32 831
32 831
32 831
Free-cash
4 424
9 226
11 524
16 411

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
₽28642
₽36737
₽28852
₽19974
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.

-
-
-
86 500
trade
-
-
-
7 885
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.

-
-
-
19 593
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.

-
-
-
1 078
total
-
-
-
33 910
Employee

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

29 975
-
86 500
-
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
-
19 593
-
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
-
1 078
-
total
6 237
-
26 025
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 525
86 500
-
-
income
8 479
12 975
-
-
trade
8 903
13 623
-
-
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.

467
714
-
-
chamber of commerce
201
244
-
-
total
18 050
27 556
-
-
Dividends
38 476
58 945
-
-
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.

513
794
-
-
withholding
9 320
14 438
-
-
total
9 833
15 232
-
-
Income
86 500
86 500
86 500
86 500
Total tax
34 120
42 788
26 025
33 910
After tax
52 380
43 712
60 475
52 590
Living cost
23 738
23 738
23 738
23 738
Free-cash
28 642
19 974
36 737
28 852

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
₽40861
₽42019
₽42678
₽45125
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
-
-
-
86 500
income
-
-
-
10 791
health
-
-
-
2 206
social contributions
-
-
-
12 680
total
-
-
-
25 677
Employee
60 263
60 263
78 528
-
health
467
1 025
1 336
-
income
6 562
5 579
10 509
-
social contributions
2 278
5 002
6 519
-
total
9 307
11 606
18 364
-
Employer
60 263
60 263
78 528
-
health
507
1 115
1 453
-
social contributions
2 278
5 002
6 519
-
total
2 785
6 117
7 972
-
Corporate
56 262
20 120
-
-
income
7 033
2 515
-
-
total
7 033
2 515
-
-
Dividends
49 229
17 605
-
-
withholding
8 369
2 992
-
-
total
8 369
2 992
-
-
Income
86 500
86 500
86 500
86 500
Total tax
27 494
23 230
26 336
25 677
After tax
59 006
63 270
60 164
60 823
Living cost
18 145
18 145
18 145
18 145
Free-cash
40 861
45 125
42 019
42 678

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
₽23831
₽18494
₽23405
₽24620
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.

-
-
-
86 500
income
-
-
-
8 455
social contributions

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

-
-
-
30 058
surtax
-
-
-
-
total
-
-
-
38 513
Employee
36 044
-
69 900
-
income
7 497
-
19 135
-
social contributions
3 965
-
7 689
-
surtax
-
-
-
-
total
11 462
-
26 824
-
Employer
36 044
-
69 900
-
social contributions
8 560
-
16 600
-
total
8 560
-
16 600
-
Corporate
41 895
86 500
-
-
income
8 798
18 165
-
-
surtax
-
-
-
-
total
8 798
18 165
-
-
Dividends
33 097
68 335
-
-
withholding
9 267
19 133
-
-
total
9 267
19 133
-
-
Income
86 500
86 500
86 500
86 500
Total tax
38 087
37 298
43 424
38 513
After tax
48 413
49 202
43 076
47 987
Living cost
24 582
24 582
24 582
24 582
Free-cash
23 831
24 620
18 494
23 405

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
₽74963
₽63126
₽79561
₽76101
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%.

-
-
-
86 500
microenterprise

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

-
-
-
865
total
-
-
-
865
Employee
7 592
-
86 500
-
income
1 518
-
17 300
-
total
1 518
-
17 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

78 908
86 500
-
-
total
-
-
-
-
Dividends
78 908
86 500
-
-
withholding
3 945
4 325
-
-
total
3 945
4 325
-
-
Income
86 500
86 500
86 500
86 500
Total tax
5 463
4 325
17 300
865
After tax
81 037
82 175
69 200
85 635
Living cost
6 074
6 074
6 074
6 074
Free-cash
74 963
76 101
63 126
79 561

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
₽31979
₽20896
₽23377
₽38534
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.

-
-
-
86 500
pensions
-
-
-
15 797
unemployment
-
-
-
129
income
-
-
-
17 665
health
-
-
-
8 511
total
-
-
-
42 102
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
-
74 848
-
health
2 238
-
4 835
-
unemployment
49
-
104
-
pensions
5 372
-
11 602
-
income
5 976
-
16 389
-
total
13 635
-
32 930
-
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
-
74 848
-
health
2 308
-
4 984
-
pensions
3 067
-
6 624
-
unemployment
21
-
45
-
total
5 396
-
11 653
-
Corporate
46 449
86 500
-
-
income
8 825
16 435
-
-
total
8 825
16 435
-
-
Dividends
37 623
70 065
-
-
withholding
5 644
10 510
-
-
total
5 644
10 510
-
-
Income
86 500
86 500
86 500
86 500
Total tax
33 500
26 945
44 583
42 102
After tax
53 000
59 555
41 917
44 398
Living cost
21 021
21 021
21 021
21 021
Free-cash
31 979
38 534
20 896
23 377

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
₽26375
₽35206
₽30788
₽23635
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.

-
-
-
86 500
income
-
-
-
22 308
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
-
-
-
27 263
Employee
35 952
-
82 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
15 635
-
total
7 503
-
19 240
-
Employer
35 952
-
82 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
46 946
86 500
-
-
income
16 431
30 276
-
-
total
16 431
30 276
-
-
Dividends
30 515
56 224
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
86 500
86 500
86 500
86 500
Total tax
31 676
34 416
22 845
27 263
After tax
54 824
52 084
63 655
59 237
Living cost
28 449
28 449
28 449
28 449
Free-cash
26 375
23 635
35 206
30 788

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
₽36559
₽38664
₽38933
₽36155
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
-
-
-
86 500
income
-
-
-
12 975
health
-
-
-
6 038
social contributions
-
-
-
11 936
total
-
-
-
30 949
Employee
26 572
-
86 500
-
health
1 855
-
6 038
-
income
4 432
-
13 244
-
social contributions
3 668
-
11 936
-
total
9 955
-
31 218
-
Employer
26 572
-
86 500
-
total
-
-
-
-
Corporate
59 928
86 500
-
-
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%.

2 997
4 325
-
-
total
2 997
4 325
-
-
Dividends
56 931
82 175
-
-
social contributions
7 857
11 340
-
-
withholding
8 540
12 326
-
-
health
3 974
5 736
-
-
total
20 371
29 402
-
-
Income
86 500
86 500
86 500
86 500
Total tax
33 323
33 727
31 218
30 949
After tax
53 177
52 773
55 282
55 551
Living cost
16 618
16 618
16 618
16 618
Free-cash
36 559
36 155
38 664
38 933

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
₽29794
₽21958
₽20192
₽37618
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
-
-
-
86 500
income
-
-
-
7 435
health
-
-
-
11 678
social contributions
-
-
-
25 258
solidarity contribution
-
-
-
-
total
-
-
-
44 371
Employee
32 261
-
64 552
-
health
4 355
-
8 715
-
solidarity contribution
-
-
-
-
income
3 871
-
7 746
-
social contributions
2 097
-
4 196
-
total
10 323
-
20 657
-
Employer
32 261
-
64 552
-
health
2 903
-
5 810
-
social contributions
8 065
-
16 138
-
total
10 968
-
21 948
-
Corporate
43 271
86 500
-
-
income
8 221
16 435
-
-
total
8 221
16 435
-
-
Dividends
35 049
70 065
-
-
withholding
5 257
10 510
-
-
total
5 257
10 510
-
-
Income
86 500
86 500
86 500
86 500
Total tax
34 769
26 945
42 605
44 371
After tax
51 731
59 555
43 895
42 129
Living cost
21 937
21 937
21 937
21 937
Free-cash
29 794
37 618
21 958
20 192

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
₽70936
₽59735
₽76170
₽72710
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%.

-
-
-
86 500
microenterprise

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

-
-
-
865
total
-
-
-
865
Employee
11 832
-
86 500
-
income
2 366
-
17 300
-
total
2 366
-
17 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

74 668
86 500
-
-
total
-
-
-
-
Dividends
74 668
86 500
-
-
withholding
3 733
4 325
-
-
total
3 733
4 325
-
-
Income
86 500
86 500
86 500
86 500
Total tax
6 099
4 325
17 300
865
After tax
80 401
82 175
69 200
85 635
Living cost
9 465
9 465
9 465
9 465
Free-cash
70 936
72 710
59 735
76 170

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
₽11131
₽15380
₽11730
₽5743
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
-
-
-
86 500
income
-
-
-
9 388
other
-
-
-
2 681
health
-
-
-
2 048
social contributions
-
-
-
2 464
pensions
-
-
-
20 337
surtax
-
-
-
-
total
-
-
-
36 918
Employee
49 085
-
69 752
-
pensions
5 552
-
3 618
-
income
4 283
-
10 917
-
social contributions
1 398
-
1 987
-
surtax
-
-
-
-
total
11 233
-
16 522
-
Employer
49 085
-
69 752
-
health
3 435
-
4 995
-
social contributions
147
-
210
-
pensions
8 065
-
6 311
-
unemployment
1 988
-
2 824
-
other
1 694
-
2 406
-
total
15 329
-
16 746
-
Corporate
22 085
86 500
-
-
income
6 184
24 220
-
-
surtax
-
-
-
-
total
6 184
24 220
-
-
Dividends
15 901
62 280
-
-
social contributions
2 735
10 713
-
-
surtax
-
-
-
-
withholding
2 036
7 972
-
-
total
4 771
18 685
-
-
Income
86 500
86 500
86 500
86 500
Total tax
37 517
42 905
33 268
36 918
After tax
48 983
43 595
53 232
49 582
Living cost
37 852
37 852
37 852
37 852
Free-cash
11 131
5 743
15 380
11 730

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
₽45139
₽33262
₽33262
₽48984
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.

-
-
-
86 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
17 899
health
-
-
-
5 948
total
-
-
-
39 726
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
-
76 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
17 899
-
total
6 864
-
29 390
-
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
-
76 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
62 477
86 500
-
-
income
9 372
12 975
-
-
total
9 372
12 975
-
-
Dividends
53 106
73 525
-
-
withholding
7 966
11 029
-
-
total
7 966
11 029
-
-
Income
86 500
86 500
86 500
86 500
Total tax
27 849
24 004
39 726
39 726
After tax
58 651
62 496
46 774
46 774
Living cost
13 512
13 512
13 512
13 512
Free-cash
45 139
48 984
33 262
33 262

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
₽9067
₽13869
₽18158
-₽13735
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
-
-
-
86 500
pensions
-
-
-
7 959
city
-
-
-
912
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.

-
-
-
1 730
health
-
-
-
194
regional
-
-
-
3 430
national
-
-
-
828
total
-
-
-
15 053
Employee
62 361
-
77 423
-
health
141
-
174
-
unemployment
-
-
-
-
city
669
-
832
-
pensions
5 239
-
6 504
-
regional
2 042
-
2 959
-
national
295
-
647
-
total
8 386
-
11 116
-
Employer
62 361
-
77 423
-
health
141
-
174
-
pensions
5 239
-
6 504
-
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.

1 247
-
1 548
-
total
6 627
-
8 226
-
Corporate
16 826
86 500
-
-
regional
3 558
18 295
-
-
national
1 430
7 352
-
-
total
4 988
25 647
-
-
Dividends
11 837
60 853
-
-
withholding
4 143
21 299
-
-
total
4 143
21 299
-
-
Income
86 500
86 500
86 500
86 500
Total tax
24 144
46 946
19 342
15 053
After tax
62 356
39 554
67 158
71 447
Living cost
53 289
53 289
53 289
53 289
Free-cash
9 067
-13 735
13 869
18 158

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
₽25940
₽18564
₽30426
₽26803
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

-
-
-
86 500
municipal
-
-
-
15 388
health
-
-
-
1 005
national
-
-
-
9 592
total
-
-
-
25 985
Employee
41 232
-
72 768
-
health
308
-
794
-
unemployment
619
-
1 092
-
pensions
2 783
-
4 912
-
national
681
-
5 443
-
municipal
6 754
-
11 874
-
total
11 145
-
24 115
-
Employer
41 232
-
72 768
-
health
317
-
561
-
pensions
7 154
-
12 625
-
accident
42
-
73
-
unemployment
268
-
473
-
total
7 781
-
13 732
-
Corporate
37 488
86 500
-
-
income
7 497
17 299
-
-
total
7 497
17 299
-
-
Dividends

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

22 493
51 900
-
-
municipal
4 048
9 343
-
-
national
-
2 966
-
-
total
4 048
12 309
-
-
Income
86 500
86 500
86 500
86 500
Total tax
30 471
29 608
37 847
25 985
After tax
56 029
56 892
48 653
60 515
Living cost
30 089
30 089
30 089
30 089
Free-cash
25 940
26 803
18 564
30 426

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
₽8155
₽4657
₽11059
₽19908
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
-
-
-
86 500
communal

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

-
-
-
4 355
social contributions
-
-
-
13 932
national
-
-
-
28 579
total
-
-
-
46 866
Employee

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

56 059
-
66 998
-
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
-
3 148
-
communal

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

2 924
-
3 495
-
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
-
583
-
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
-
5 025
-
national
17 235
-
21 514
-
total
27 485
-
33 765
-
Employer

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

56 059
-
66 998
-
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
-
4 121
-
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
-
5 936
-
surtax
6 356
-
7 597
-
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
-
870
-
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
-
979
-
total
16 317
-
19 503
-
Corporate
14 123
86 500
-
-
income
2 824
17 299
-
-
surtax
57
347
-
-
total
2 881
17 646
-
-
Dividends
11 242
68 854
-
-
withholding

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

3 087
20 371
-
-
total
3 087
20 371
-
-
Income
86 500
86 500
86 500
86 500
Total tax
49 770
38 017
53 268
46 866
After tax
36 730
48 483
33 232
39 634
Living cost
28 575
28 575
28 575
28 575
Free-cash
8 155
19 908
4 657
11 059

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
₽12452
₽12180
₽11538
₽13217
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
-
-
-
86 500
unemployment
-
-
-
75
municipal
-
-
-
19 355
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
-
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
40 950
Employee
48 465
-
65 820
-
national
-
-
-
-
municipal
14 452
-
19 627
-
total
14 452
-
19 627
-
Employer
48 465
-
65 820
-
health
2 981
-
4 048
-
pensions
5 239
-
7 115
-
accident
97
-
132
-
unemployment
1 279
-
1 738
-
other
5 632
-
7 648
-
total
15 228
-
20 681
-
Corporate
22 808
86 500
-
-
income
5 018
19 030
-
-
total
5 018
19 030
-
-
Dividends
17 790
67 470
-
-
withholding
5 337
20 241
-
-
total
5 337
20 241
-
-
Income
86 500
86 500
86 500
86 500
Total tax
40 035
39 271
40 308
40 950
After tax
46 465
47 229
46 192
45 550
Living cost
34 012
34 012
34 012
34 012
Free-cash
12 452
13 217
12 180
11 538

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
-₽44388
₽37074
₽21901
₽14750
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
-
-
-
86 500
income
-
-
-
16 861
social contributions
-
-
-
9 861
total
-
-
-
26 722
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
-
86 500
-
-
income
-
19 030
-
-
total
-
19 030
-
-
Dividends
-
67 470
-
-
income
-
14 843
-
-
total
-
14 843
-
-
Income
86 500
86 500
86 500
86 500
Total tax
93 011
33 873
11 549
26 722
After tax
-6 511
52 627
74 951
59 778
Living cost
37 877
37 877
37 877
37 877
Free-cash
-44 388
14 750
37 074
21 901

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
₽34603
₽34745
₽35404
₽37851
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
-
-
-
86 500
income
-
-
-
10 791
health
-
-
-
2 206
social contributions
-
-
-
12 680
total
-
-
-
25 677
Employee
60 263
60 263
78 528
-
health
599
1 025
1 336
-
income
6 328
5 579
10 509
-
social contributions
2 928
5 002
6 519
-
total
9 855
11 606
18 364
-
Employer
60 263
60 263
78 528
-
health
653
1 115
1 453
-
social contributions
2 928
5 002
6 519
-
total
3 581
6 117
7 972
-
Corporate
47 643
20 120
-
-
income
5 955
2 515
-
-
total
5 955
2 515
-
-
Dividends
41 689
17 605
-
-
withholding
7 087
2 992
-
-
total
7 087
2 992
-
-
Income
86 500
86 500
86 500
86 500
Total tax
26 478
23 230
26 336
25 677
After tax
60 022
63 270
60 164
60 823
Living cost
25 419
25 419
25 419
25 419
Free-cash
34 603
37 851
34 745
35 404

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
₽32400
₽24750
₽32750
₽33545
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
-
-
-
86 500
income
-
-
-
19 738
pensions
-
-
-
5 876
total
-
-
-
25 614
Employee
38 621
-
75 997
-
health
504
-
1 270
-
pensions
2 948
-
7 434
-
income
7 033
-
14 407
-
total
10 485
-
23 111
-
Employer
38 621
-
75 997
-
health
734
-
1 445
-
pensions
3 902
-
9 058
-
total
4 636
-
10 503
-
Corporate
43 243
86 500
-
-
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.

8 216
16 435
-
-
total
8 216
16 435
-
-
Dividends
35 027
70 065
-
-
withholding
2 627
8 384
-
-
total
2 627
8 384
-
-
Income
86 500
86 500
86 500
86 500
Total tax
25 964
24 819
33 614
25 614
After tax
60 536
61 681
52 886
60 886
Living cost
28 136
28 136
28 136
28 136
Free-cash
32 400
33 545
24 750
32 750

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
₽10777
₽7751
₽11708
₽14341
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
-
-
-
86 500
municipal
-
-
-
579
regional
-
-
-
1 802
social contributions
-
-
-
22 247
national
-
-
-
18 943
total
-
-
-
43 571
Employee
66 040
-
86 500
-
social contributions
22 268
-
29 168
-
regional
997
-
1 531
-
national
11 160
-
16 313
-
municipal
394
-
516
-
total
34 819
-
47 528
-
Employer
66 040
-
86 500
-
total
-
-
-
-
Corporate
20 460
86 500
-
-
nationa
4 911
20 760
-
-
municipal
986
4 169
-
-
total
5 897
24 929
-
-
Dividends
14 563
61 571
-
-
withholding
3 786
16 009
-
-
total
3 786
16 009
-
-
Income
86 500
86 500
86 500
86 500
Total tax
44 502
40 938
47 528
43 571
After tax
41 998
45 562
38 972
42 929
Living cost
31 221
31 221
31 221
31 221
Free-cash
10 777
14 341
7 751
11 708

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
₽4438
₽28579
₽42566
-₽9730
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
-
-
-
86 500
pensions
-
-
-
3 165
income
-
-
-
21 899
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
27 197
Employee
26 328
-
75 028
-
health
3 015
-
8 591
-
pensions
2 965
-
5 804
-
income
3 612
-
15 317
-
total
9 592
-
29 712
-
Employer
26 328
-
75 028
-
pensions
4 281
-
8 381
-
accident
440
-
1 253
-
unemployment
645
-
1 838
-
total
5 366
-
11 472
-
Corporate
54 807
86 500
-
-
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.

49 326
77 850
-
-
total
49 326
77 850
-
-
Dividends
5 481
8 650
-
-
withholding
1 041
1 643
-
-
total
1 041
1 643
-
-
Income
86 500
86 500
86 500
86 500
Total tax
65 325
79 493
41 184
27 197
After tax
21 175
7 007
45 316
59 303
Living cost
16 737
16 737
16 737
16 737
Free-cash
4 438
-9 730
28 579
42 566

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
₽24597
₽30218
₽23035
₽14346
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.

-
-
-
86 500
trade
-
-
-
7 183
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.

-
-
-
19 593
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.

-
-
-
1 078
total
-
-
-
33 208
Employee

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

38 994
-
86 500
-
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
-
19 593
-
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
-
1 078
-
total
8 737
-
26 025
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 506
86 500
-
-
income
7 125
12 975
-
-
trade
6 817
12 412
-
-
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.

393
714
-
-
chamber of commerce
189
245
-
-
total
14 524
26 346
-
-
Dividends
32 982
60 154
-
-
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.

437
811
-
-
withholding
7 948
14 740
-
-
total
8 385
15 551
-
-
Income
86 500
86 500
86 500
86 500
Total tax
31 646
41 897
26 025
33 208
After tax
54 854
44 603
60 475
53 292
Living cost
30 257
30 257
30 257
30 257
Free-cash
24 597
14 346
30 218
23 035

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
₽46468
₽32360
₽29779
₽52897
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.

-
-
-
86 500
income
-
-
-
12 607
microenterprise
-
-
-
-
social contributions

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

-
-
-
27 810
surtax
-
-
-
-
total
-
-
-
40 417
Employee
22 900
-
69 708
-
income
4 076
-
13 376
-
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
-
7 668
-
surtax
-
-
-
-
total
6 595
-
21 044
-
Employer
22 900
-
69 708
-
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
-
16 792
-
surtax
-
-
-
-
total
5 516
-
16 792
-
Corporate
58 084
86 500
-
-
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%.

11 617
17 299
-
-
total
11 617
17 299
-
-
Dividends

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

46 467
69 201
-
-
total
-
-
-
-
Income
86 500
86 500
86 500
86 500
Total tax
23 728
17 299
37 836
40 417
After tax
62 772
69 201
48 664
46 083
Living cost
16 304
16 304
16 304
16 304
Free-cash
46 468
52 897
32 360
29 779

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
₽42632
₽40067
₽40761
₽44233
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
-
-
-
86 500
income
-
-
-
23 737
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
35 996
Employee
14 840
-
78 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
23 364
-
total
5 097
-
28 694
-
Employer
14 840
-
78 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
68 321
86 500
-
-
income
15 031
19 030
-
-
total
15 031
19 030
-
-
Dividends
53 291
67 470
-
-
withholding
10 658
13 494
-
-
total
10 658
13 494
-
-
Income
86 500
86 500
86 500
86 500
Total tax
34 125
32 524
36 690
35 996
After tax
52 375
53 976
49 810
50 504
Living cost
9 743
9 743
9 743
9 743
Free-cash
42 632
44 233
40 067
40 761

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
₽34311
₽24342
₽25762
₽36805
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
-
-
-
86 500
pensions
-
-
-
17 299
unemployment
-
-
-
178
income
-
-
-
17 291
other
-
-
-
-
health
-
-
-
6 141
surtax
-
-
-
2 226
total
-
-
-
43 135
Employee
26 392
-
71 458
-
health
674
-
1 822
-
unemployment
1 837
-
4 973
-
pensions
1 761
-
4 767
-
income
4 425
-
15 948
-
other
-
-
-
-
surtax
94
-
2 003
-
total
8 791
-
29 513
-
Employer
26 392
-
71 458
-
health
1 200
-
3 251
-
pensions
3 519
-
9 526
-
unemployment
837
-
2 265
-
other
-
-
-
-
total
5 556
-
15 042
-
Corporate
54 551
86 500
-
-
income
14 184
22 490
-
-
total
14 184
22 490
-
-
Dividends
40 368
64 010
-
-
withholding
6 055
9 602
-
-
total
6 055
9 602
-
-
Income
86 500
86 500
86 500
86 500
Total tax
34 586
32 092
44 555
43 135
After tax
51 914
54 408
41 945
43 365
Living cost
17 603
17 603
17 603
17 603
Free-cash
34 311
36 805
24 342
25 762

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
₽23043
₽220
₽18281
₽23434
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
-
-
-
86 500
pensions
-
-
-
16 003
chamber of commerce
-
-
-
347
unemployment
-