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
₽ 87500
per

Your estimated
City
free-cash

Valencia , Spain
₽33274
₽23986
₽26238
₽37384
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
-
-
-
87 500
unemployment
-
-
-
509
income
-
-
-
17 919
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
39 711
Employee
28 978
-
66 349
-
unemployment
449
-
1 028
-
pensions
1 362
-
3 119
-
income
5 587
-
16 597
-
other
28
-
67
-
total
7 426
-
20 811
-
Employer
28 978
-
66 349
-
pensions
6 838
-
15 658
-
accident
574
-
1 313
-
unemployment
1 594
-
3 650
-
other
232
-
531
-
total
9 238
-
21 152
-
Corporate
49 283
87 500
-
-
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.

7 393
13 125
-
-
total
7 393
13 125
-
-
Dividends
41 890
74 375
-
-
withholding
8 618
15 440
-
-
total
8 618
15 440
-
-
Income
87 500
87 500
87 500
87 500
Total tax
32 675
28 565
41 963
39 711
After tax
54 825
58 935
45 537
47 789
Living cost
21 551
21 551
21 551
21 551
Free-cash
33 274
37 384
23 986
26 238

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
₽38109
₽29920
₽26303
₽43403
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
-
-
-
87 500
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.

-
-
-
21 000
income
-
-
-
11 307
other
-
-
-
4 157
health
-
-
-
3 850
total
-
-
-
40 314
Employee
28 456
-
69 888
-
health
399
-
979
-
unemployment
284
-
699
-
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
-
4 893
-
income
4 899
-
12 514
-
total
7 573
-
19 085
-
Employer
28 456
-
69 888
-
health
399
-
979
-
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
-
11 881
-
accident
228
-
559
-
unemployment
284
-
699
-
other
1 423
-
3 494
-
total
7 172
-
17 612
-
Corporate
51 873
87 500
-
-
income
10 894
18 375
-
-
total
10 894
18 375
-
-
Dividends
40 979
69 125
-
-
withholding
2 869
4 839
-
-
total
2 869
4 839
-
-
Income
87 500
87 500
87 500
87 500
Total tax
28 508
23 214
36 697
40 314
After tax
58 992
64 286
50 803
47 186
Living cost
20 883
20 883
20 883
20 883
Free-cash
38 109
43 403
29 920
26 303

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
₽60903
₽59686
₽56799
₽64542
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
-
-
-
87 500
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
-
-
-
13 125
health
-
-
-
3 147
total
-
-
-
20 431
Employee
13 600
-
82 132
-
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
-
8 213
-
total
3 330
-
12 176
-
Employer
13 600
-
82 132
-
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
71 232
87 500
-
-
income
7 123
8 750
-
-
total
7 123
8 750
-
-
Dividends
64 109
78 750
-
-
withholding
3 205
3 938
-
-
total
3 205
3 938
-
-
Income
87 500
87 500
87 500
87 500
Total tax
16 327
12 688
17 544
20 431
After tax
71 173
74 812
69 956
67 069
Living cost
10 270
10 270
10 270
10 270
Free-cash
60 903
64 542
59 686
56 799

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
₽21916
₽26861
₽23314
₽17286
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
-
-
-
87 500
income
-
-
-
9 625
other
-
-
-
2 713
health
-
-
-
2 122
social contributions
-
-
-
2 493
pensions
-
-
-
20 420
surtax
-
-
-
-
total
-
-
-
37 373
Employee
33 541
-
70 483
-
pensions
3 792
-
3 691
-
income
1 980
-
11 109
-
social contributions
956
-
2 009
-
surtax
-
-
-
-
total
6 728
-
16 809
-
Employer
33 541
-
70 483
-
health
2 348
-
5 090
-
social contributions
101
-
211
-
pensions
5 510
-
6 430
-
unemployment
1 358
-
2 854
-
other
1 157
-
2 432
-
total
10 474
-
17 017
-
Corporate
43 484
87 500
-
-
income
12 176
24 501
-
-
surtax
-
-
-
-
total
12 176
24 501
-
-
Dividends
31 308
62 999
-
-
social contributions
5 385
10 836
-
-
surtax
-
-
-
-
withholding
4 008
8 064
-
-
total
9 393
18 900
-
-
Income
87 500
87 500
87 500
87 500
Total tax
38 771
43 401
33 826
37 373
After tax
48 729
44 099
53 674
50 127
Living cost
26 813
26 813
26 813
26 813
Free-cash
21 916
17 286
26 861
23 314

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
₽4934
₽12326
₽17029
₽9738
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
-
-
-
87 500
pensions
-
-
-
9 182
income
-
-
-
18 794
health
-
-
-
9 664
total
-
-
-
37 640
Employee
66 925
66 925
74 461
-
health
10 272
8 737
9 167
-
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
29 304
-
Employer
66 925
66 925
74 461
-
health
4 652
4 652
5 176
-
pensions
4 658
4 658
5 183
-
unemployment
2 409
2 409
2 680
-
total
11 719
11 719
13 039
-
Corporate
9 676
8 855
-
-
income
1 935
1 771
-
-
total
1 935
1 771
-
-
Dividends
7 741
7 084
-
-
income
1 645
1 505
-
-
withholding
1 162
1 062
-
-
total
2 807
2 567
-
-
Income
87 500
87 500
87 500
87 500
Total tax
49 735
44 931
42 343
37 640
After tax
37 765
42 569
45 157
49 860
Living cost
32 831
32 831
32 831
32 831
Free-cash
4 934
9 738
12 326
17 029

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
₽29147
₽37299
₽29256
₽20478
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.

-
-
-
87 500
trade
-
-
-
8 043
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.

-
-
-
20 008
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.

-
-
-
1 101
total
-
-
-
34 506
Employee

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

29 975
-
87 500
-
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
-
20 008
-
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
-
1 101
-
total
6 237
-
26 463
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 525
87 500
-
-
income
8 629
13 125
-
-
trade
9 060
13 781
-
-
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.

474
721
-
-
chamber of commerce
202
245
-
-
total
18 365
27 872
-
-
Dividends
39 159
59 628
-
-
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.

522
803
-
-
withholding
9 491
14 609
-
-
total
10 013
15 412
-
-
Income
87 500
87 500
87 500
87 500
Total tax
34 615
43 284
26 463
34 506
After tax
52 885
44 216
61 037
52 994
Living cost
23 738
23 738
23 738
23 738
Free-cash
29 147
20 478
37 299
29 256

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
₽41588
₽42594
₽43361
₽45851
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
-
-
-
87 500
income
-
-
-
11 083
health
-
-
-
2 231
social contributions
-
-
-
12 680
total
-
-
-
25 994
Employee
60 263
60 263
79 438
-
health
467
1 025
1 350
-
income
6 562
5 579
10 756
-
social contributions
2 278
5 002
6 593
-
total
9 307
11 606
18 699
-
Employer
60 263
60 263
79 438
-
health
507
1 115
1 469
-
social contributions
2 278
5 002
6 593
-
total
2 785
6 117
8 062
-
Corporate
57 262
21 120
-
-
income
7 158
2 640
-
-
total
7 158
2 640
-
-
Dividends
50 104
18 480
-
-
withholding
8 517
3 141
-
-
total
8 517
3 141
-
-
Income
87 500
87 500
87 500
87 500
Total tax
27 767
23 504
26 761
25 994
After tax
59 733
63 996
60 739
61 506
Living cost
18 145
18 145
18 145
18 145
Free-cash
41 588
45 851
42 594
43 361

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
₽24399
₽18890
₽23916
₽25188
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.

-
-
-
87 500
income
-
-
-
8 596
social contributions

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

-
-
-
30 406
surtax
-
-
-
-
total
-
-
-
39 002
Employee
36 044
-
70 706
-
income
7 497
-
19 458
-
social contributions
3 965
-
7 778
-
surtax
-
-
-
-
total
11 462
-
27 236
-
Employer
36 044
-
70 706
-
social contributions
8 560
-
16 792
-
total
8 560
-
16 792
-
Corporate
42 895
87 500
-
-
income
9 008
18 375
-
-
surtax
-
-
-
-
total
9 008
18 375
-
-
Dividends
33 887
69 125
-
-
withholding
9 489
19 355
-
-
total
9 489
19 355
-
-
Income
87 500
87 500
87 500
87 500
Total tax
38 519
37 730
44 028
39 002
After tax
48 981
49 770
43 472
48 498
Living cost
24 582
24 582
24 582
24 582
Free-cash
24 399
25 188
18 890
23 916

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
₽75913
₽63926
₽80551
₽77051
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%.

-
-
-
87 500
microenterprise

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

-
-
-
875
total
-
-
-
875
Employee
7 592
-
87 500
-
income
1 518
-
17 500
-
total
1 518
-
17 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

79 908
87 500
-
-
total
-
-
-
-
Dividends
79 908
87 500
-
-
withholding
3 995
4 375
-
-
total
3 995
4 375
-
-
Income
87 500
87 500
87 500
87 500
Total tax
5 513
4 375
17 500
875
After tax
81 987
83 125
70 000
86 625
Living cost
6 074
6 074
6 074
6 074
Free-cash
75 913
77 051
63 926
80 551

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
₽32668
₽21341
₽23849
₽39222
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.

-
-
-
87 500
pensions
-
-
-
15 980
unemployment
-
-
-
131
income
-
-
-
17 909
health
-
-
-
8 610
total
-
-
-
42 630
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
-
75 711
-
health
2 238
-
4 891
-
unemployment
49
-
106
-
pensions
5 372
-
11 736
-
income
5 976
-
16 616
-
total
13 635
-
33 349
-
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
-
75 711
-
health
2 308
-
5 043
-
pensions
3 067
-
6 700
-
unemployment
21
-
46
-
total
5 396
-
11 789
-
Corporate
47 449
87 500
-
-
income
9 016
16 626
-
-
total
9 016
16 626
-
-
Dividends
38 433
70 874
-
-
withholding
5 764
10 631
-
-
total
5 764
10 631
-
-
Income
87 500
87 500
87 500
87 500
Total tax
33 811
27 257
45 138
42 630
After tax
53 689
60 243
42 362
44 870
Living cost
21 021
21 021
21 021
21 021
Free-cash
32 668
39 222
21 341
23 849

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
₽27024
₽35954
₽31788
₽24286
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.

-
-
-
87 500
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
-
83 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
15 887
-
total
7 503
-
19 492
-
Employer
35 952
-
83 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
47 946
87 500
-
-
income
16 782
30 625
-
-
total
16 782
30 625
-
-
Dividends
31 164
56 875
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
87 500
87 500
87 500
87 500
Total tax
32 027
34 765
23 097
27 263
After tax
55 473
52 735
64 403
60 237
Living cost
28 449
28 449
28 449
28 449
Free-cash
27 024
24 286
35 954
31 788

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
₽37170
₽39254
₽39574
₽36765
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
-
-
-
87 500
income
-
-
-
13 125
health
-
-
-
6 108
social contributions
-
-
-
12 075
total
-
-
-
31 308
Employee
26 572
-
87 500
-
health
1 855
-
6 108
-
income
4 432
-
13 445
-
social contributions
3 668
-
12 075
-
total
9 955
-
31 628
-
Employer
26 572
-
87 500
-
total
-
-
-
-
Corporate
60 928
87 500
-
-
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%.

3 046
4 375
-
-
total
3 046
4 375
-
-
Dividends
57 882
83 125
-
-
social contributions
7 988
11 471
-
-
withholding
8 682
12 469
-
-
health
4 041
5 802
-
-
total
20 711
29 742
-
-
Income
87 500
87 500
87 500
87 500
Total tax
33 712
34 117
31 628
31 308
After tax
53 788
53 383
55 872
56 192
Living cost
16 618
16 618
16 618
16 618
Free-cash
37 170
36 765
39 254
39 574

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
₽30482
₽22466
₽20680
₽38307
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
-
-
-
87 500
income
-
-
-
7 521
health
-
-
-
11 812
social contributions
-
-
-
25 550
solidarity contribution
-
-
-
-
total
-
-
-
44 883
Employee
32 261
-
65 298
-
health
4 355
-
8 815
-
solidarity contribution
-
-
-
-
income
3 871
-
7 836
-
social contributions
2 097
-
4 244
-
total
10 323
-
20 895
-
Employer
32 261
-
65 298
-
health
2 903
-
5 877
-
social contributions
8 065
-
16 325
-
total
10 968
-
22 202
-
Corporate
44 271
87 500
-
-
income
8 411
16 625
-
-
total
8 411
16 625
-
-
Dividends
35 859
70 875
-
-
withholding
5 379
10 631
-
-
total
5 379
10 631
-
-
Income
87 500
87 500
87 500
87 500
Total tax
35 081
27 256
43 097
44 883
After tax
52 419
60 244
44 403
42 617
Living cost
21 937
21 937
21 937
21 937
Free-cash
30 482
38 307
22 466
20 680

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
₽71886
₽60535
₽77160
₽73660
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%.

-
-
-
87 500
microenterprise

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

-
-
-
875
total
-
-
-
875
Employee
11 832
-
87 500
-
income
2 366
-
17 500
-
total
2 366
-
17 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

75 668
87 500
-
-
total
-
-
-
-
Dividends
75 668
87 500
-
-
withholding
3 783
4 375
-
-
total
3 783
4 375
-
-
Income
87 500
87 500
87 500
87 500
Total tax
6 149
4 375
17 500
875
After tax
81 351
83 125
70 000
86 625
Living cost
9 465
9 465
9 465
9 465
Free-cash
71 886
73 660
60 535
77 160

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
₽11637
₽15822
₽12275
₽6247
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
-
-
-
87 500
income
-
-
-
9 625
other
-
-
-
2 713
health
-
-
-
2 122
social contributions
-
-
-
2 493
pensions
-
-
-
20 420
surtax
-
-
-
-
total
-
-
-
37 373
Employee
49 085
-
70 483
-
pensions
5 552
-
3 691
-
income
4 283
-
11 109
-
social contributions
1 398
-
2 009
-
surtax
-
-
-
-
total
11 233
-
16 809
-
Employer
49 085
-
70 483
-
health
3 435
-
5 090
-
social contributions
147
-
211
-
pensions
8 065
-
6 430
-
unemployment
1 988
-
2 854
-
other
1 694
-
2 432
-
total
15 329
-
17 017
-
Corporate
23 085
87 500
-
-
income
6 463
24 501
-
-
surtax
-
-
-
-
total
6 463
24 501
-
-
Dividends
16 621
62 999
-
-
social contributions
2 858
10 836
-
-
surtax
-
-
-
-
withholding
2 128
8 064
-
-
total
4 986
18 900
-
-
Income
87 500
87 500
87 500
87 500
Total tax
38 011
43 401
33 826
37 373
After tax
49 489
44 099
53 674
50 127
Living cost
37 852
37 852
37 852
37 852
Free-cash
11 637
6 247
15 822
12 275

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
₽45862
₽33912
₽33912
₽49707
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.

-
-
-
87 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
18 249
health
-
-
-
5 948
total
-
-
-
40 076
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
-
77 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
18 249
-
total
6 864
-
29 740
-
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
-
77 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
63 477
87 500
-
-
income
9 522
13 125
-
-
total
9 522
13 125
-
-
Dividends
53 956
74 375
-
-
withholding
8 093
11 156
-
-
total
8 093
11 156
-
-
Income
87 500
87 500
87 500
87 500
Total tax
28 126
24 281
40 076
40 076
After tax
59 374
63 219
47 424
47 424
Living cost
13 512
13 512
13 512
13 512
Free-cash
45 862
49 707
33 912
33 912

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
₽9523
₽14607
₽18939
-₽13277
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
-
-
-
87 500
pensions
-
-
-
8 050
city
-
-
-
922
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.

-
-
-
1 751
health
-
-
-
197
regional
-
-
-
3 498
national
-
-
-
854
total
-
-
-
15 272
Employee
62 361
-
78 318
-
health
141
-
177
-
unemployment
-
-
-
-
city
669
-
842
-
pensions
5 239
-
6 579
-
regional
2 042
-
3 015
-
national
295
-
669
-
total
8 386
-
11 282
-
Employer
62 361
-
78 318
-
health
141
-
177
-
pensions
5 239
-
6 579
-
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
-
1 566
-
total
6 627
-
8 322
-
Corporate
17 826
87 500
-
-
regional
3 771
18 507
-
-
national
1 515
7 437
-
-
total
5 286
25 944
-
-
Dividends
12 540
61 556
-
-
withholding
4 389
21 544
-
-
total
4 389
21 544
-
-
Income
87 500
87 500
87 500
87 500
Total tax
24 688
47 488
19 604
15 272
After tax
62 812
40 012
67 896
72 228
Living cost
53 289
53 289
53 289
53 289
Free-cash
9 523
-13 277
14 607
18 939

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
₽26630
₽19025
₽31022
₽27393
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

-
-
-
87 500
municipal
-
-
-
15 567
health
-
-
-
1 020
national
-
-
-
9 802
total
-
-
-
26 389
Employee
41 232
-
73 611
-
health
308
-
806
-
unemployment
619
-
1 104
-
pensions
2 783
-
4 969
-
national
681
-
5 605
-
municipal
6 754
-
12 012
-
total
11 145
-
24 496
-
Employer
41 232
-
73 611
-
health
317
-
567
-
pensions
7 154
-
12 771
-
accident
42
-
73
-
unemployment
268
-
479
-
total
7 781
-
13 890
-
Corporate
38 488
87 500
-
-
income
7 698
17 500
-
-
total
7 698
17 500
-
-
Dividends

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

23 093
52 500
-
-
municipal
4 157
9 450
-
-
national
-
3 068
-
-
total
4 157
12 518
-
-
Income
87 500
87 500
87 500
87 500
Total tax
30 781
30 018
38 386
26 389
After tax
56 719
57 482
49 114
61 111
Living cost
30 089
30 089
30 089
30 089
Free-cash
26 630
27 393
19 025
31 022

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
₽8712
₽4987
₽11422
₽20466
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
-
-
-
87 500
communal

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

-
-
-
4 404
social contributions
-
-
-
14 110
national
-
-
-
28 989
total
-
-
-
47 503
Employee

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

56 059
-
67 770
-
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
-
3 186
-
communal

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

2 924
-
3 535
-
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
-
589
-
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
-
5 083
-
national
17 235
-
21 815
-
total
27 485
-
34 208
-
Employer

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

56 059
-
67 770
-
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
-
4 169
-
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
-
6 004
-
surtax
6 356
-
7 686
-
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
-
882
-
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
-
989
-
total
16 317
-
19 730
-
Corporate
15 123
87 500
-
-
income
3 025
17 500
-
-
surtax
61
349
-
-
total
3 086
17 849
-
-
Dividends
12 037
69 650
-
-
withholding

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

3 325
20 610
-
-
total
3 325
20 610
-
-
Income
87 500
87 500
87 500
87 500
Total tax
50 213
38 459
53 938
47 503
After tax
37 287
49 041
33 562
39 997
Living cost
28 575
28 575
28 575
28 575
Free-cash
8 712
20 466
4 987
11 422

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
₽12998
₽12713
₽12240
₽13762
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
-
-
-
87 500
unemployment
-
-
-
75
municipal
-
-
-
19 653
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
-
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
41 248
Employee
48 465
-
66 580
-
national
-
-
-
-
municipal
14 452
-
19 854
-
total
14 452
-
19 854
-
Employer
48 465
-
66 580
-
health
2 981
-
4 095
-
pensions
5 239
-
7 197
-
accident
97
-
133
-
unemployment
1 279
-
1 758
-
other
5 632
-
7 737
-
total
15 228
-
20 920
-
Corporate
23 808
87 500
-
-
income
5 238
19 250
-
-
total
5 238
19 250
-
-
Dividends
18 570
68 250
-
-
withholding
5 571
20 475
-
-
total
5 571
20 475
-
-
Income
87 500
87 500
87 500
87 500
Total tax
40 489
39 725
40 774
41 248
After tax
47 011
47 775
46 726
46 252
Living cost
34 012
34 012
34 012
34 012
Free-cash
12 998
13 762
12 713
12 240

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
-₽43388
₽38074
₽22593
₽15358
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
-
-
-
87 500
income
-
-
-
17 055
social contributions
-
-
-
9 975
total
-
-
-
27 030
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
-
87 500
-
-
income
-
19 250
-
-
total
-
19 250
-
-
Dividends
-
68 250
-
-
income
-
15 015
-
-
total
-
15 015
-
-
Income
87 500
87 500
87 500
87 500
Total tax
93 011
34 265
11 549
27 030
After tax
-5 511
53 235
75 951
60 470
Living cost
37 877
37 877
37 877
37 877
Free-cash
-43 388
15 358
38 074
22 593

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
₽35330
₽35320
₽36087
₽38577
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
-
-
-
87 500
income
-
-
-
11 083
health
-
-
-
2 231
social contributions
-
-
-
12 680
total
-
-
-
25 994
Employee
60 263
60 263
79 438
-
health
599
1 025
1 350
-
income
6 328
5 579
10 756
-
social contributions
2 928
5 002
6 593
-
total
9 855
11 606
18 699
-
Employer
60 263
60 263
79 438
-
health
653
1 115
1 469
-
social contributions
2 928
5 002
6 593
-
total
3 581
6 117
8 062
-
Corporate
48 643
21 120
-
-
income
6 080
2 640
-
-
total
6 080
2 640
-
-
Dividends
42 564
18 480
-
-
withholding
7 235
3 141
-
-
total
7 235
3 141
-
-
Income
87 500
87 500
87 500
87 500
Total tax
26 751
23 504
26 761
25 994
After tax
60 749
63 996
60 739
61 506
Living cost
25 419
25 419
25 419
25 419
Free-cash
35 330
38 577
35 320
36 087

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
₽33150
₽25197
₽33338
₽34094
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
-
-
-
87 500
income
-
-
-
20 130
pensions
-
-
-
5 896
total
-
-
-
26 026
Employee
38 621
-
76 862
-
health
504
-
1 288
-
pensions
2 948
-
7 537
-
income
7 033
-
14 704
-
total
10 485
-
23 529
-
Employer
38 621
-
76 862
-
health
734
-
1 460
-
pensions
3 902
-
9 178
-
total
4 636
-
10 638
-
Corporate
44 243
87 500
-
-
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.

8 406
16 625
-
-
total
8 406
16 625
-
-
Dividends
35 837
70 875
-
-
withholding
2 687
8 645
-
-
total
2 687
8 645
-
-
Income
87 500
87 500
87 500
87 500
Total tax
26 214
25 270
34 167
26 026
After tax
61 286
62 230
53 333
61 474
Living cost
28 136
28 136
28 136
28 136
Free-cash
33 150
34 094
25 197
33 338

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
₽11304
₽8131
₽12134
₽14868
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
-
-
-
87 500
municipal
-
-
-
584
regional
-
-
-
1 831
social contributions
-
-
-
22 505
national
-
-
-
19 225
total
-
-
-
44 145
Employee
66 040
-
87 500
-
social contributions
22 268
-
29 505
-
regional
997
-
1 556
-
national
11 160
-
16 565
-
municipal
394
-
522
-
total
34 819
-
48 148
-
Employer
66 040
-
87 500
-
total
-
-
-
-
Corporate
21 460
87 500
-
-
nationa
5 150
21 000
-
-
municipal
1 035
4 218
-
-
total
6 185
25 218
-
-
Dividends
15 275
62 283
-
-
withholding
3 971
16 193
-
-
total
3 971
16 193
-
-
Income
87 500
87 500
87 500
87 500
Total tax
44 975
41 411
48 148
44 145
After tax
42 525
46 089
39 352
43 355
Living cost
31 221
31 221
31 221
31 221
Free-cash
11 304
14 868
8 131
12 134

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
₽4519
₽29157
₽43246
-₽9649
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
-
-
-
87 500
pensions
-
-
-
3 165
income
-
-
-
22 219
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
27 517
Employee
26 328
-
75 988
-
health
3 015
-
8 701
-
pensions
2 965
-
5 804
-
income
3 612
-
15 589
-
total
9 592
-
30 094
-
Employer
26 328
-
75 988
-
pensions
4 281
-
8 381
-
accident
440
-
1 269
-
unemployment
645
-
1 862
-
total
5 366
-
11 512
-
Corporate
55 807
87 500
-
-
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.

50 226
78 750
-
-
total
50 226
78 750
-
-
Dividends
5 581
8 750
-
-
withholding
1 060
1 662
-
-
total
1 060
1 662
-
-
Income
87 500
87 500
87 500
87 500
Total tax
66 244
80 412
41 606
27 517
After tax
21 256
7 088
45 894
59 983
Living cost
16 737
16 737
16 737
16 737
Free-cash
4 519
-9 649
29 157
43 246

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
₽25112
₽30780
₽23452
₽14857
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.

-
-
-
87 500
trade
-
-
-
7 328
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.

-
-
-
20 008
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.

-
-
-
1 101
total
-
-
-
33 791
Employee

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

38 994
-
87 500
-
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
-
20 008
-
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
-
1 101
-
total
8 737
-
26 463
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 506
87 500
-
-
income
7 276
13 125
-
-
trade
6 960
12 557
-
-
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.

400
721
-
-
chamber of commerce
190
247
-
-
total
14 826
26 650
-
-
Dividends
33 680
60 850
-
-
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.

446
821
-
-
withholding
8 122
14 915
-
-
total
8 568
15 736
-
-
Income
87 500
87 500
87 500
87 500
Total tax
32 131
42 386
26 463
33 791
After tax
55 369
45 114
61 037
53 709
Living cost
30 257
30 257
30 257
30 257
Free-cash
25 112
14 857
30 780
23 452

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
₽47269
₽32912
₽30302
₽53696
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.

-
-
-
87 500
income
-
-
-
12 763
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.

-
-
-
28 131
surtax
-
-
-
-
total
-
-
-
40 894
Employee
22 900
-
70 513
-
income
4 076
-
13 541
-
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
-
7 756
-
surtax
-
-
-
-
total
6 595
-
21 297
-
Employer
22 900
-
70 513
-
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
-
16 987
-
surtax
-
-
-
-
total
5 516
-
16 987
-
Corporate
59 084
87 500
-
-
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%.

11 816
17 500
-
-
total
11 816
17 500
-
-
Dividends

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

47 268
70 000
-
-
total
-
-
-
-
Income
87 500
87 500
87 500
87 500
Total tax
23 927
17 500
38 284
40 894
After tax
63 573
70 000
49 216
46 606
Living cost
16 304
16 304
16 304
16 304
Free-cash
47 269
53 696
32 912
30 302

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
₽43256
₽40717
₽41411
₽44857
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
-
-
-
87 500
income
-
-
-
24 087
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
36 346
Employee
14 840
-
79 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
23 714
-
total
5 097
-
29 044
-
Employer
14 840
-
79 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
69 321
87 500
-
-
income
15 251
19 250
-
-
total
15 251
19 250
-
-
Dividends
54 070
68 250
-
-
withholding
10 814
13 650
-
-
total
10 814
13 650
-
-
Income
87 500
87 500
87 500
87 500
Total tax
34 501
32 900
37 040
36 346
After tax
52 999
54 600
50 460
51 154
Living cost
9 743
9 743
9 743
9 743
Free-cash
43 256
44 857
40 717
41 411

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽34940
₽24671
₽26107
₽37434
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
-
-
-
87 500
pensions
-
-
-
17 500
unemployment
-
-
-
178
income
-
-
-
17 619
other
-
-
-
-
health
-
-
-
6 212
surtax
-
-
-
2 281
total
-
-
-
43 790
Employee
26 392
-
72 283
-
health
674
-
1 843
-
unemployment
1 837
-
5 031
-
pensions
1 761
-
4 822
-
income
4 425
-
16 258
-
other
-
-
-
-
surtax
94
-
2 054
-
total
8 791
-
30 008
-
Employer
26 392
-
72 283
-
health
1 200
-
3 290
-
pensions
3 519
-
9 636
-
unemployment
837
-
2 292
-
other
-
-
-
-
total
5 556
-
15 218
-
Corporate
55 551
87 500
-
-
income
14 444
22 750
-
-
total
14 444
22 750
-
-
Dividends
41 107
64 750
-
-
withholding
6 166
9 713
-
-
total
6 166
9 713
-
-
Income
87 500
87 500
87 500
87 500
Total tax
34 957
32 463
45 226
43 790
After tax
52 543
55 037
42 274
43 710
Living cost
17 603
17 603
17 603
17 603
Free-cash
34 940
37 434
24 671
26 107

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
₽23589
₽397
₽18709
₽23976
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
-
-
-
87 500
pensions
-
-
-
16 187
chamber of commerce
-
-
-
349
unemployment
-