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
₽ 88000
per

Your estimated
City
free-cash

Valencia , Spain
₽33610
₽24211
₽26554
₽37709
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
-
-
-
88 000
unemployment
-
-
-
509
income
-
-
-
18 103
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
39 895
Employee
28 978
-
66 727
-
unemployment
449
-
1 034
-
pensions
1 362
-
3 137
-
income
5 587
-
16 728
-
other
28
-
67
-
total
7 426
-
20 966
-
Employer
28 978
-
66 727
-
pensions
6 838
-
15 747
-
accident
574
-
1 321
-
unemployment
1 594
-
3 670
-
other
232
-
534
-
total
9 238
-
21 272
-
Corporate
49 783
88 000
-
-
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.

7 467
13 201
-
-
total
7 467
13 201
-
-
Dividends
42 316
74 799
-
-
withholding
8 708
15 539
-
-
total
8 708
15 539
-
-
Income
88 000
88 000
88 000
88 000
Total tax
32 839
28 740
42 238
39 895
After tax
55 161
59 260
45 762
48 105
Living cost
21 551
21 551
21 551
21 551
Free-cash
33 610
37 709
24 211
26 554

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
₽38478
₽30193
₽26554
₽43771
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
-
-
-
88 000
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.

-
-
-
21 120
income
-
-
-
11 391
other
-
-
-
4 181
health
-
-
-
3 871
total
-
-
-
40 563
Employee
28 456
-
70 287
-
health
399
-
985
-
unemployment
284
-
703
-
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
-
4 920
-
income
4 899
-
12 604
-
total
7 573
-
19 212
-
Employer
28 456
-
70 287
-
health
399
-
985
-
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
-
11 948
-
accident
228
-
562
-
unemployment
284
-
703
-
other
1 423
-
3 514
-
total
7 172
-
17 712
-
Corporate
52 373
88 000
-
-
income
10 998
18 480
-
-
total
10 998
18 480
-
-
Dividends
41 375
69 520
-
-
withholding
2 896
4 866
-
-
total
2 896
4 866
-
-
Income
88 000
88 000
88 000
88 000
Total tax
28 639
23 346
36 924
40 563
After tax
59 361
64 654
51 076
47 437
Living cost
20 883
20 883
20 883
20 883
Free-cash
38 478
43 771
30 193
26 554

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
₽61329
₽60136
₽57223
₽64969
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
-
-
-
88 000
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
-
-
-
13 200
health
-
-
-
3 147
total
-
-
-
20 506
Employee
13 600
-
82 632
-
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
-
8 263
-
total
3 330
-
12 226
-
Employer
13 600
-
82 632
-
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
71 732
88 000
-
-
income
7 173
8 800
-
-
total
7 173
8 800
-
-
Dividends
64 558
79 200
-
-
withholding
3 228
3 960
-
-
total
3 228
3 960
-
-
Income
88 000
88 000
88 000
88 000
Total tax
16 400
12 760
17 594
20 506
After tax
71 600
75 240
70 406
67 494
Living cost
10 270
10 270
10 270
10 270
Free-cash
61 329
64 969
60 136
57 223

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
₽22169
₽27080
₽23587
₽17540
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
-
-
-
88 000
income
-
-
-
9 744
other
-
-
-
2 728
health
-
-
-
2 159
social contributions
-
-
-
2 507
pensions
-
-
-
20 462
surtax
-
-
-
-
total
-
-
-
37 600
Employee
33 541
-
70 846
-
pensions
3 792
-
3 730
-
income
1 980
-
11 204
-
social contributions
956
-
2 018
-
surtax
-
-
-
-
total
6 728
-
16 952
-
Employer
33 541
-
70 846
-
health
2 348
-
5 138
-
social contributions
101
-
213
-
pensions
5 510
-
6 491
-
unemployment
1 358
-
2 869
-
other
1 157
-
2 444
-
total
10 474
-
17 155
-
Corporate
43 984
88 000
-
-
income
12 316
24 640
-
-
surtax
-
-
-
-
total
12 316
24 640
-
-
Dividends
31 668
63 360
-
-
social contributions
5 446
10 897
-
-
surtax
-
-
-
-
withholding
4 054
8 110
-
-
total
9 500
19 007
-
-
Income
88 000
88 000
88 000
88 000
Total tax
39 018
43 647
34 107
37 600
After tax
48 982
44 353
53 893
50 400
Living cost
26 813
26 813
26 813
26 813
Free-cash
22 169
17 540
27 080
23 587

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
₽5190
₽12728
₽17339
₽9992
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
-
-
-
88 000
pensions
-
-
-
9 182
income
-
-
-
18 984
health
-
-
-
9 664
total
-
-
-
37 830
Employee
66 925
66 925
74 886
-
health
10 272
8 737
9 191
-
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
29 328
-
Employer
66 925
66 925
74 886
-
health
4 652
4 652
5 204
-
pensions
4 658
4 658
5 213
-
unemployment
2 409
2 409
2 696
-
total
11 719
11 719
13 113
-
Corporate
10 176
9 355
-
-
income
2 035
1 871
-
-
total
2 035
1 871
-
-
Dividends
8 142
7 484
-
-
income
1 730
1 590
-
-
withholding
1 221
1 123
-
-
total
2 951
2 713
-
-
Income
88 000
88 000
88 000
88 000
Total tax
49 979
45 177
42 441
37 830
After tax
38 021
42 823
45 559
50 170
Living cost
32 831
32 831
32 831
32 831
Free-cash
5 190
9 992
12 728
17 339

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
₽29398
₽37579
₽29457
₽20729
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.

-
-
-
88 000
trade
-
-
-
8 122
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.

-
-
-
20 217
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.

-
-
-
1 112
total
-
-
-
34 805
Employee

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

29 975
-
88 000
-
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
-
20 217
-
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
-
1 112
-
total
6 237
-
26 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 025
88 000
-
-
income
8 703
13 201
-
-
trade
9 139
13 859
-
-
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.

479
726
-
-
chamber of commerce
202
245
-
-
total
18 523
28 031
-
-
Dividends
39 501
59 969
-
-
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.

526
808
-
-
withholding
9 578
14 694
-
-
total
10 104
15 502
-
-
Income
88 000
88 000
88 000
88 000
Total tax
34 864
43 533
26 683
34 805
After tax
53 136
44 467
61 317
53 195
Living cost
23 738
23 738
23 738
23 738
Free-cash
29 398
20 729
37 579
29 457

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
₽41951
₽42877
₽43701
₽46215
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
-
-
-
88 000
income
-
-
-
11 230
health
-
-
-
2 244
social contributions
-
-
-
12 680
total
-
-
-
26 154
Employee
60 263
60 263
79 890
-
health
467
1 025
1 358
-
income
6 562
5 579
10 878
-
social contributions
2 278
5 002
6 632
-
total
9 307
11 606
18 868
-
Employer
60 263
60 263
79 890
-
health
507
1 115
1 478
-
social contributions
2 278
5 002
6 632
-
total
2 785
6 117
8 110
-
Corporate
57 762
21 620
-
-
income
7 220
2 702
-
-
total
7 220
2 702
-
-
Dividends
50 542
18 917
-
-
withholding
8 592
3 215
-
-
total
8 592
3 215
-
-
Income
88 000
88 000
88 000
88 000
Total tax
27 904
23 640
26 978
26 154
After tax
60 096
64 360
61 022
61 846
Living cost
18 145
18 145
18 145
18 145
Free-cash
41 951
46 215
42 877
43 701

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
₽24685
₽19086
₽24172
₽25473
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.

-
-
-
88 000
income
-
-
-
8 666
social contributions

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

-
-
-
30 580
surtax
-
-
-
-
total
-
-
-
39 246
Employee
36 044
-
71 111
-
income
7 497
-
19 620
-
social contributions
3 965
-
7 823
-
surtax
-
-
-
-
total
11 462
-
27 443
-
Employer
36 044
-
71 111
-
social contributions
8 560
-
16 889
-
total
8 560
-
16 889
-
Corporate
43 395
88 000
-
-
income
9 112
18 480
-
-
surtax
-
-
-
-
total
9 112
18 480
-
-
Dividends
34 283
69 520
-
-
withholding
9 599
19 465
-
-
total
9 599
19 465
-
-
Income
88 000
88 000
88 000
88 000
Total tax
38 733
37 945
44 332
39 246
After tax
49 267
50 055
43 668
48 754
Living cost
24 582
24 582
24 582
24 582
Free-cash
24 685
25 473
19 086
24 172

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
₽76388
₽64326
₽81046
₽77526
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%.

-
-
-
88 000
microenterprise

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

-
-
-
880
total
-
-
-
880
Employee
7 592
-
88 000
-
income
1 518
-
17 600
-
total
1 518
-
17 600
-
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%.

80 408
88 000
-
-
total
-
-
-
-
Dividends
80 408
88 000
-
-
withholding
4 020
4 400
-
-
total
4 020
4 400
-
-
Income
88 000
88 000
88 000
88 000
Total tax
5 538
4 400
17 600
880
After tax
82 462
83 600
70 400
87 120
Living cost
6 074
6 074
6 074
6 074
Free-cash
76 388
77 526
64 326
81 046

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
₽33012
₽21564
₽24085
₽39568
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.

-
-
-
88 000
pensions
-
-
-
16 071
unemployment
-
-
-
132
income
-
-
-
18 031
health
-
-
-
8 660
total
-
-
-
42 894
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
-
76 144
-
health
2 238
-
4 918
-
unemployment
49
-
107
-
pensions
5 372
-
11 803
-
income
5 976
-
16 731
-
total
13 635
-
33 559
-
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
-
76 144
-
health
2 308
-
5 071
-
pensions
3 067
-
6 739
-
unemployment
21
-
46
-
total
5 396
-
11 856
-
Corporate
47 949
88 000
-
-
income
9 111
16 719
-
-
total
9 111
16 719
-
-
Dividends
38 838
71 281
-
-
withholding
5 825
10 692
-
-
total
5 825
10 692
-
-
Income
88 000
88 000
88 000
88 000
Total tax
33 967
27 411
45 415
42 894
After tax
54 033
60 589
42 585
45 106
Living cost
21 021
21 021
21 021
21 021
Free-cash
33 012
39 568
21 564
24 085

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
₽27350
₽36329
₽32288
₽24610
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.

-
-
-
88 000
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
-
84 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
16 012
-
total
7 503
-
19 617
-
Employer
35 952
-
84 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
48 446
88 000
-
-
income
16 956
30 801
-
-
total
16 956
30 801
-
-
Dividends
31 490
57 199
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
88 000
88 000
88 000
88 000
Total tax
32 201
34 941
23 222
27 263
After tax
55 799
53 059
64 778
60 737
Living cost
28 449
28 449
28 449
28 449
Free-cash
27 350
24 610
36 329
32 288

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
₽37475
₽39551
₽39894
₽37069
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
-
-
-
88 000
income
-
-
-
13 201
health
-
-
-
6 142
social contributions
-
-
-
12 145
total
-
-
-
31 488
Employee
26 572
-
88 000
-
health
1 855
-
6 142
-
income
4 432
-
13 544
-
social contributions
3 668
-
12 145
-
total
9 955
-
31 831
-
Employer
26 572
-
88 000
-
total
-
-
-
-
Corporate
61 428
88 000
-
-
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%.

3 071
4 401
-
-
total
3 071
4 401
-
-
Dividends
58 357
83 599
-
-
social contributions
8 053
11 536
-
-
withholding
8 754
12 540
-
-
health
4 074
5 836
-
-
total
20 881
29 912
-
-
Income
88 000
88 000
88 000
88 000
Total tax
33 907
34 313
31 831
31 488
After tax
54 093
53 687
56 169
56 512
Living cost
16 618
16 618
16 618
16 618
Free-cash
37 475
37 069
39 551
39 894

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
₽30826
₽22719
₽20991
₽38651
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
-
-
-
88 000
income
-
-
-
7 575
health
-
-
-
11 880
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
-
total
-
-
-
45 072
Employee
32 261
-
65 672
-
health
4 355
-
8 866
-
solidarity contribution
-
-
-
-
income
3 871
-
7 881
-
social contributions
2 097
-
4 269
-
total
10 323
-
21 016
-
Employer
32 261
-
65 672
-
health
2 903
-
5 910
-
social contributions
8 065
-
16 418
-
total
10 968
-
22 328
-
Corporate
44 771
88 000
-
-
income
8 506
16 720
-
-
total
8 506
16 720
-
-
Dividends
36 264
71 280
-
-
withholding
5 440
10 692
-
-
total
5 440
10 692
-
-
Income
88 000
88 000
88 000
88 000
Total tax
35 237
27 412
43 344
45 072
After tax
52 763
60 588
44 656
42 928
Living cost
21 937
21 937
21 937
21 937
Free-cash
30 826
38 651
22 719
20 991

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
₽72361
₽60935
₽77655
₽74135
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%.

-
-
-
88 000
microenterprise

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

-
-
-
880
total
-
-
-
880
Employee
11 832
-
88 000
-
income
2 366
-
17 600
-
total
2 366
-
17 600
-
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%.

76 168
88 000
-
-
total
-
-
-
-
Dividends
76 168
88 000
-
-
withholding
3 808
4 400
-
-
total
3 808
4 400
-
-
Income
88 000
88 000
88 000
88 000
Total tax
6 174
4 400
17 600
880
After tax
81 826
83 600
70 400
87 120
Living cost
9 465
9 465
9 465
9 465
Free-cash
72 361
74 135
60 935
77 655

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
₽11890
₽16041
₽12548
₽6501
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
-
-
-
88 000
income
-
-
-
9 744
other
-
-
-
2 728
health
-
-
-
2 159
social contributions
-
-
-
2 507
pensions
-
-
-
20 462
surtax
-
-
-
-
total
-
-
-
37 600
Employee
49 085
-
70 846
-
pensions
5 552
-
3 730
-
income
4 283
-
11 204
-
social contributions
1 398
-
2 018
-
surtax
-
-
-
-
total
11 233
-
16 952
-
Employer
49 085
-
70 846
-
health
3 435
-
5 138
-
social contributions
147
-
213
-
pensions
8 065
-
6 491
-
unemployment
1 988
-
2 869
-
other
1 694
-
2 444
-
total
15 329
-
17 155
-
Corporate
23 585
88 000
-
-
income
6 603
24 640
-
-
surtax
-
-
-
-
total
6 603
24 640
-
-
Dividends
16 981
63 360
-
-
social contributions
2 919
10 897
-
-
surtax
-
-
-
-
withholding
2 174
8 110
-
-
total
5 093
19 007
-
-
Income
88 000
88 000
88 000
88 000
Total tax
38 258
43 647
34 107
37 600
After tax
49 742
44 353
53 893
50 400
Living cost
37 852
37 852
37 852
37 852
Free-cash
11 890
6 501
16 041
12 548

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
₽46223
₽34237
₽34237
₽50068
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.

-
-
-
88 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
18 424
health
-
-
-
5 948
total
-
-
-
40 251
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
-
77 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
18 424
-
total
6 864
-
29 915
-
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
-
77 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
63 977
88 000
-
-
income
9 597
13 200
-
-
total
9 597
13 200
-
-
Dividends
54 381
74 800
-
-
withholding
8 157
11 220
-
-
total
8 157
11 220
-
-
Income
88 000
88 000
88 000
88 000
Total tax
28 265
24 420
40 251
40 251
After tax
59 735
63 580
47 749
47 749
Living cost
13 512
13 512
13 512
13 512
Free-cash
46 223
50 068
34 237
34 237

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
₽9752
₽14980
₽19327
-₽13048
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
-
-
-
88 000
pensions
-
-
-
8 096
city
-
-
-
928
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.

-
-
-
1 760
health
-
-
-
198
regional
-
-
-
3 534
national
-
-
-
868
total
-
-
-
15 384
Employee
62 361
-
78 766
-
health
141
-
177
-
unemployment
-
-
-
-
city
669
-
846
-
pensions
5 239
-
6 616
-
regional
2 042
-
3 044
-
national
295
-
680
-
total
8 386
-
11 363
-
Employer
62 361
-
78 766
-
health
141
-
177
-
pensions
5 239
-
6 616
-
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
-
1 575
-
total
6 627
-
8 368
-
Corporate
18 326
88 000
-
-
regional
3 876
18 612
-
-
national
1 558
7 480
-
-
total
5 434
26 092
-
-
Dividends
12 892
61 908
-
-
withholding
4 512
21 667
-
-
total
4 512
21 667
-
-
Income
88 000
88 000
88 000
88 000
Total tax
24 959
47 759
19 731
15 384
After tax
63 041
40 241
68 269
72 616
Living cost
53 289
53 289
53 289
53 289
Free-cash
9 752
-13 048
14 980
19 327

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
₽26977
₽19255
₽31322
₽27688
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

-
-
-
88 000
municipal
-
-
-
15 655
health
-
-
-
1 028
national
-
-
-
9 906
total
-
-
-
26 589
Employee
41 232
-
74 030
-
health
308
-
814
-
unemployment
619
-
1 111
-
pensions
2 783
-
4 997
-
national
681
-
5 685
-
municipal
6 754
-
12 079
-
total
11 145
-
24 686
-
Employer
41 232
-
74 030
-
health
317
-
570
-
pensions
7 154
-
12 844
-
accident
42
-
74
-
unemployment
268
-
482
-
total
7 781
-
13 970
-
Corporate
38 988
88 000
-
-
income
7 798
17 600
-
-
total
7 798
17 600
-
-
Dividends

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

23 393
52 800
-
-
municipal
4 210
9 503
-
-
national
-
3 120
-
-
total
4 210
12 623
-
-
Income
88 000
88 000
88 000
88 000
Total tax
30 934
30 223
38 656
26 589
After tax
57 066
57 777
49 344
61 411
Living cost
30 089
30 089
30 089
30 089
Free-cash
26 977
27 688
19 255
31 322

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
₽8990
₽5159
₽11610
₽20744
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
-
-
-
88 000
communal

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

-
-
-
4 429
social contributions
-
-
-
14 181
national
-
-
-
29 205
total
-
-
-
47 815
Employee

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

56 059
-
68 157
-
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
-
3 203
-
communal

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

2 924
-
3 554
-
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
-
593
-
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
-
5 112
-
national
17 235
-
21 967
-
total
27 485
-
34 429
-
Employer

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

56 059
-
68 157
-
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
-
4 191
-
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
-
6 038
-
surtax
6 356
-
7 728
-
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
-
885
-
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
-
995
-
total
16 317
-
19 837
-
Corporate
15 623
88 000
-
-
income
3 125
17 600
-
-
surtax
62
352
-
-
total
3 187
17 952
-
-
Dividends
12 436
70 048
-
-
withholding

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

3 446
20 729
-
-
total
3 446
20 729
-
-
Income
88 000
88 000
88 000
88 000
Total tax
50 435
38 681
54 266
47 815
After tax
37 565
49 319
33 734
40 185
Living cost
28 575
28 575
28 575
28 575
Free-cash
8 990
20 744
5 159
11 610

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
₽13271
₽12980
₽12590
₽14035
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
-
-
-
88 000
unemployment
-
-
-
75
municipal
-
-
-
19 802
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
-
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
41 397
Employee
48 465
-
66 961
-
national
-
-
-
-
municipal
14 452
-
19 968
-
total
14 452
-
19 968
-
Employer
48 465
-
66 961
-
health
2 981
-
4 118
-
pensions
5 239
-
7 238
-
accident
97
-
134
-
unemployment
1 279
-
1 768
-
other
5 632
-
7 781
-
total
15 228
-
21 039
-
Corporate
24 308
88 000
-
-
income
5 348
19 360
-
-
total
5 348
19 360
-
-
Dividends
18 960
68 640
-
-
withholding
5 688
20 592
-
-
total
5 688
20 592
-
-
Income
88 000
88 000
88 000
88 000
Total tax
40 716
39 952
41 007
41 397
After tax
47 284
48 048
46 993
46 603
Living cost
34 012
34 012
34 012
34 012
Free-cash
13 271
14 035
12 980
12 590

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
-₽42888
₽38574
₽22938
₽15662
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
-
-
-
88 000
income
-
-
-
17 153
social contributions
-
-
-
10 032
total
-
-
-
27 185
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
-
88 000
-
-
income
-
19 360
-
-
total
-
19 360
-
-
Dividends
-
68 640
-
-
income
-
15 101
-
-
total
-
15 101
-
-
Income
88 000
88 000
88 000
88 000
Total tax
93 011
34 461
11 549
27 185
After tax
-5 011
53 539
76 451
60 815
Living cost
37 877
37 877
37 877
37 877
Free-cash
-42 888
15 662
38 574
22 938

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
₽35693
₽35603
₽36427
₽38941
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
-
-
-
88 000
income
-
-
-
11 230
health
-
-
-
2 244
social contributions
-
-
-
12 680
total
-
-
-
26 154
Employee
60 263
60 263
79 890
-
health
599
1 025
1 358
-
income
6 328
5 579
10 878
-
social contributions
2 928
5 002
6 632
-
total
9 855
11 606
18 868
-
Employer
60 263
60 263
79 890
-
health
653
1 115
1 478
-
social contributions
2 928
5 002
6 632
-
total
3 581
6 117
8 110
-
Corporate
49 143
21 620
-
-
income
6 142
2 702
-
-
total
6 142
2 702
-
-
Dividends
43 001
18 917
-
-
withholding
7 310
3 215
-
-
total
7 310
3 215
-
-
Income
88 000
88 000
88 000
88 000
Total tax
26 888
23 640
26 978
26 154
After tax
61 112
64 360
61 022
61 846
Living cost
25 419
25 419
25 419
25 419
Free-cash
35 693
38 941
35 603
36 427

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
₽33524
₽25420
₽33633
₽34367
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
-
-
-
88 000
income
-
-
-
20 325
pensions
-
-
-
5 906
total
-
-
-
26 231
Employee
38 621
-
77 293
-
health
504
-
1 296
-
pensions
2 948
-
7 589
-
income
7 033
-
14 852
-
total
10 485
-
23 737
-
Employer
38 621
-
77 293
-
health
734
-
1 468
-
pensions
3 902
-
9 239
-
total
4 636
-
10 707
-
Corporate
44 743
88 000
-
-
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.

8 501
16 720
-
-
total
8 501
16 720
-
-
Dividends
36 242
71 280
-
-
withholding
2 718
8 777
-
-
total
2 718
8 777
-
-
Income
88 000
88 000
88 000
88 000
Total tax
26 340
25 497
34 444
26 231
After tax
61 660
62 503
53 556
61 769
Living cost
28 136
28 136
28 136
28 136
Free-cash
33 524
34 367
25 420
33 633

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
₽11565
₽8320
₽12343
₽15130
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
-
-
-
88 000
municipal
-
-
-
589
regional
-
-
-
1 846
social contributions
-
-
-
22 634
national
-
-
-
19 367
total
-
-
-
44 436
Employee
66 040
-
88 000
-
social contributions
22 268
-
29 673
-
regional
997
-
1 570
-
national
11 160
-
16 691
-
municipal
394
-
525
-
total
34 819
-
48 459
-
Employer
66 040
-
88 000
-
total
-
-
-
-
Corporate
21 960
88 000
-
-
nationa
5 271
21 120
-
-
municipal
1 059
4 242
-
-
total
6 330
25 362
-
-
Dividends
15 630
62 638
-
-
withholding
4 065
16 287
-
-
total
4 065
16 287
-
-
Income
88 000
88 000
88 000
88 000
Total tax
45 214
41 649
48 459
44 436
After tax
42 786
46 351
39 541
43 564
Living cost
31 221
31 221
31 221
31 221
Free-cash
11 565
15 130
8 320
12 343

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
₽4559
₽29447
₽43586
-₽9609
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
-
-
-
88 000
pensions
-
-
-
3 165
income
-
-
-
22 379
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
27 677
Employee
26 328
-
76 468
-
health
3 015
-
8 756
-
pensions
2 965
-
5 804
-
income
3 612
-
15 725
-
total
9 592
-
30 285
-
Employer
26 328
-
76 468
-
pensions
4 281
-
8 381
-
accident
440
-
1 277
-
unemployment
645
-
1 873
-
total
5 366
-
11 531
-
Corporate
56 307
88 000
-
-
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.

50 676
79 200
-
-
total
50 676
79 200
-
-
Dividends
5 631
8 800
-
-
withholding
1 070
1 672
-
-
total
1 070
1 672
-
-
Income
88 000
88 000
88 000
88 000
Total tax
66 704
80 872
41 816
27 677
After tax
21 296
7 128
46 184
60 323
Living cost
16 737
16 737
16 737
16 737
Free-cash
4 559
-9 609
29 447
43 586

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
₽25366
₽31060
₽23661
₽15113
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.

-
-
-
88 000
trade
-
-
-
7 399
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.

-
-
-
20 217
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.

-
-
-
1 112
total
-
-
-
34 082
Employee

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

38 994
-
88 000
-
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
-
20 217
-
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
-
1 112
-
total
8 737
-
26 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 006
88 000
-
-
income
7 351
13 201
-
-
trade
7 032
12 628
-
-
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.

405
726
-
-
chamber of commerce
190
248
-
-
total
14 978
26 803
-
-
Dividends
34 028
61 197
-
-
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.

452
825
-
-
withholding
8 210
15 002
-
-
total
8 662
15 827
-
-
Income
88 000
88 000
88 000
88 000
Total tax
32 377
42 630
26 683
34 082
After tax
55 623
45 370
61 317
53 918
Living cost
30 257
30 257
30 257
30 257
Free-cash
25 366
15 113
31 060
23 661

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
₽47668
₽33187
₽30564
₽54096
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.

-
-
-
88 000
income
-
-
-
12 840
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.

-
-
-
28 292
surtax
-
-
-
-
total
-
-
-
41 132
Employee
22 900
-
70 916
-
income
4 076
-
13 624
-
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
-
7 801
-
surtax
-
-
-
-
total
6 595
-
21 425
-
Employer
22 900
-
70 916
-
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
-
17 084
-
surtax
-
-
-
-
total
5 516
-
17 084
-
Corporate
59 584
88 000
-
-
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%.

11 917
17 600
-
-
total
11 917
17 600
-
-
Dividends

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

47 666
70 400
-
-
total
-
-
-
-
Income
88 000
88 000
88 000
88 000
Total tax
24 028
17 600
38 509
41 132
After tax
63 972
70 400
49 491
46 868
Living cost
16 304
16 304
16 304
16 304
Free-cash
47 668
54 096
33 187
30 564

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
₽43568
₽41042
₽41736
₽45169
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
-
-
-
88 000
income
-
-
-
24 262
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
36 521
Employee
14 840
-
80 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
23 889
-
total
5 097
-
29 219
-
Employer
14 840
-
80 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
69 821
88 000
-
-
income
15 361
19 360
-
-
total
15 361
19 360
-
-
Dividends
54 461
68 640
-
-
withholding
10 892
13 728
-
-
total
10 892
13 728
-
-
Income
88 000
88 000
88 000
88 000
Total tax
34 689
33 088
37 215
36 521
After tax
53 311
54 912
50 785
51 479
Living cost
9 743
9 743
9 743
9 743
Free-cash
43 568
45 169
41 042
41 736

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
₽35256
₽24834
₽26280
₽37749
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
-
-
-
88 000
pensions
-
-
-
17 600
unemployment
-
-
-
178
income
-
-
-
17 783
other
-
-
-
-
health
-
-
-
6 248
surtax
-
-
-
2 308
total
-
-
-
44 117
Employee
26 392
-
72 696
-
health
674
-
1 855
-
unemployment
1 837
-
5 060
-
pensions
1 761
-
4 848
-
income
4 425
-
16 415
-
other
-
-
-
-
surtax
94
-
2 081
-
total
8 791
-
30 259
-
Employer
26 392
-
72 696
-
health
1 200
-
3 308
-
pensions
3 519
-
9 691
-
unemployment
837
-
2 305
-
other
-
-
-
-
total
5 556
-
15 304
-
Corporate
56 051
88 000
-
-
income
14 573
22 880
-
-
total
14 573
22 880
-
-
Dividends
41 478
65 120
-
-
withholding
6 221
9 768
-
-
total
6 221
9 768
-
-
Income
88 000
88 000
88 000
88 000
Total tax
35 141
32 648
45 563
44 117
After tax
52 859
55 352
42 437
43 883
Living cost
17 603
17 603
17 603
17 603
Free-cash
35 256
37 749
24 834
26 280

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
₽23860
₽484
₽18918
₽24249
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
-
-
-
88 000
pensions
-
-
-
16 281
chamber of commerce
-
-
-
352
unemployment
-