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
₽ 88500
per

Your estimated
City
free-cash

Valencia , Spain
₽33108
₽23937
₽25919
₽37353
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
-
-
-
88 500
unemployment
-
-
-
525
income
-
-
-
17 814
other
-
-
-
75
accident
-
-
-
676
pensions
-
-
-
21 232
total
-
-
-
40 322
Employee
29 931
-
67 107
-
unemployment
464
-
1 040
-
pensions
1 407
-
3 154
-
income
5 770
-
16 649
-
other
29
-
68
-
total
7 670
-
20 911
-
Employer
29 931
-
67 107
-
pensions
7 063
-
15 837
-
accident
593
-
1 329
-
unemployment
1 647
-
3 691
-
other
240
-
536
-
total
9 543
-
21 393
-
Corporate
49 027
88 500
-
-
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.

7 353
13 275
-
-
total
7 353
13 275
-
-
Dividends
41 674
75 225
-
-
withholding
8 567
15 613
-
-
total
8 567
15 613
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 133
28 888
42 304
40 322
After tax
55 367
59 612
46 196
48 178
Living cost
22 259
22 259
22 259
22 259
Free-cash
33 108
37 353
23 937
25 919

Estimated living cost  is ₽22259 per week

₽15025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽37986
₽29891
₽26227
₽43452
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
-
-
-
88 500
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.

-
-
-
21 240
income
-
-
-
11 366
other
-
-
-
4 204
health
-
-
-
3 894
total
-
-
-
40 704
Employee
29 391
-
70 686
-
health
412
-
989
-
unemployment
293
-
707
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 057
-
4 948
-
income
5 060
-
12 585
-
total
7 822
-
19 229
-
Employer
29 391
-
70 686
-
health
412
-
989
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

4 997
-
12 015
-
accident
235
-
565
-
unemployment
293
-
707
-
other
1 470
-
3 535
-
total
7 407
-
17 811
-
Corporate
51 702
88 500
-
-
income
10 857
18 585
-
-
total
10 857
18 585
-
-
Dividends
40 845
69 915
-
-
withholding
2 859
4 894
-
-
total
2 859
4 894
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 945
23 479
37 040
40 704
After tax
59 555
65 021
51 460
47 796
Living cost
21 569
21 569
21 569
21 569
Free-cash
37 986
43 452
29 891
26 227

Estimated living cost  is ₽21569 per week

₽15240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4525
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
₽61278
₽59929
₽57043
₽65042
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
-
-
-
88 500
pensions

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

-
-
-
4 189
unemployment
-
-
-
113
income
-
-
-
13 275
health
-
-
-
3 255
total
-
-
-
20 832
Employee
14 069
-
82 946
-
health
647
-
1 302
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
pensions

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

1 235
-
2 485
-
income
1 407
-
8 295
-
total
3 444
-
12 393
-
Employer
14 069
-
82 946
-
health
971
-
1 953
-
pensions

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

1 551
-
3 119
-
accident

We are using the highest rate at 1.1%.

155
-
311
-
unemployment
84
-
170
-
total
2 761
-
5 553
-
Corporate
71 670
88 500
-
-
income
7 167
8 850
-
-
total
7 167
8 850
-
-
Dividends
64 503
79 650
-
-
withholding
3 225
3 983
-
-
total
3 225
3 983
-
-
Income
88 500
88 500
88 500
88 500
Total tax
16 597
12 833
17 946
20 832
After tax
71 903
75 667
70 554
67 668
Living cost
10 625
10 625
10 625
10 625
Free-cash
61 278
65 042
59 929
57 043

Estimated living cost  is ₽10625 per week

₽6203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽281
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.
₽3382
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
₽21690
₽26915
₽23053
₽16908
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
-
-
-
88 500
income
-
-
-
9 497
other
-
-
-
2 743
health
-
-
-
2 054
social contributions
-
-
-
2 522
pensions
-
-
-
20 936
surtax
-
-
-
-
total
-
-
-
37 752
Employee
34 644
-
71 429
-
pensions
3 917
-
3 674
-
income
2 045
-
11 115
-
social contributions
988
-
2 034
-
surtax
-
-
-
-
total
6 950
-
16 823
-
Employer
34 644
-
71 429
-
health
2 426
-
5 079
-
social contributions
104
-
214
-
pensions
5 691
-
6 417
-
unemployment
1 402
-
2 893
-
other
1 195
-
2 464
-
total
10 818
-
17 067
-
Corporate
43 037
88 500
-
-
income
12 051
24 781
-
-
surtax
-
-
-
-
total
12 051
24 781
-
-
Dividends
30 986
63 719
-
-
social contributions
5 330
10 959
-
-
surtax
-
-
-
-
withholding
3 966
8 157
-
-
total
9 296
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 115
43 897
33 890
37 752
After tax
49 385
44 603
54 610
50 748
Living cost
27 695
27 695
27 695
27 695
Free-cash
21 690
16 908
26 915
23 053

Estimated living cost  is ₽27695 per week

₽17463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽4140
₽11227
₽16428
₽9098
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
-
-
-
88 500
pensions
-
-
-
9 484
income
-
-
-
18 696
health
-
-
-
9 982
total
-
-
-
38 162
Employee
69 125
69 125
75 312
-
health
10 610
9 025
9 378
-
pensions
12 443
9 484
9 484
-
income

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

11 315
11 315
11 315
-
total
34 368
29 824
30 177
-
Employer
69 125
69 125
75 312
-
health
4 805
4 805
5 234
-
pensions
4 811
4 811
5 241
-
unemployment
2 489
2 489
2 711
-
total
12 105
12 105
13 186
-
Corporate
8 118
7 270
-
-
income
1 624
1 455
-
-
total
1 624
1 455
-
-
Dividends
6 495
5 816
-
-
income
1 379
1 235
-
-
withholding
974
873
-
-
total
2 353
2 108
-
-
Income
88 500
88 500
88 500
88 500
Total tax
50 450
45 492
43 363
38 162
After tax
38 050
43 008
45 137
50 338
Living cost
33 910
33 910
33 910
33 910
Free-cash
4 140
9 098
11 227
16 428

Estimated living cost  is ₽33910 per week

₽24031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽29158
₽37470
₽29459
₽20207
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.

-
-
-
88 500
trade
-
-
-
8 011
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
19 888
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 530
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
1 094
total
-
-
-
34 523
Employee

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

30 961
-
88 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 530
-
5 530
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

865
-
19 888
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

48
-
1 094
-
total
6 443
-
26 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 539
88 500
-
-
income
8 631
13 275
-
-
trade
9 063
13 939
-
-
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.

475
730
-
-
chamber of commerce
206
250
-
-
total
18 375
28 194
-
-
Dividends
39 164
60 306
-
-
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
813
-
-
withholding
9 484
14 768
-
-
total
10 006
15 581
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 824
43 775
26 512
34 523
After tax
53 676
44 725
61 988
53 977
Living cost
24 518
24 518
24 518
24 518
Free-cash
29 158
20 207
37 470
29 459

Estimated living cost  is ₽24518 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₽41593
₽42922
₽43506
₽45997
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
-
-
-
88 500
income
-
-
-
10 899
health
-
-
-
2 257
social contributions
-
-
-
13 097
total
-
-
-
26 253
Employee
62 244
62 244
80 345
-
health
482
1 058
1 366
-
income
6 777
5 762
10 648
-
social contributions
2 353
5 166
6 668
-
total
9 612
11 986
18 682
-
Employer
62 244
62 244
80 345
-
health
524
1 152
1 487
-
social contributions
2 353
5 166
6 668
-
total
2 877
6 318
8 155
-
Corporate
57 268
19 938
-
-
income
7 158
2 492
-
-
total
7 158
2 492
-
-
Dividends
50 110
17 446
-
-
withholding
8 519
2 966
-
-
total
8 519
2 966
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 166
23 762
26 837
26 253
After tax
60 334
64 738
61 663
62 247
Living cost
18 741
18 741
18 741
18 741
Free-cash
41 593
45 997
42 922
43 506

Estimated living cost  is ₽18741 per week

₽11232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽24134
₽18766
₽23742
₽24949
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.

-
-
-
88 500
income
-
-
-
8 615
social contributions

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

-
-
-
30 753
surtax
-
-
-
-
total
-
-
-
39 368
Employee
37 229
-
71 515
-
income
7 744
-
19 493
-
social contributions
4 095
-
7 866
-
surtax
-
-
-
-
total
11 839
-
27 359
-
Employer
37 229
-
71 515
-
social contributions
8 842
-
16 985
-
total
8 842
-
16 985
-
Corporate
42 429
88 500
-
-
income
8 909
18 585
-
-
surtax
-
-
-
-
total
8 909
18 585
-
-
Dividends
33 520
69 915
-
-
withholding
9 386
19 576
-
-
total
9 386
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 976
38 161
44 344
39 368
After tax
49 524
50 339
44 156
49 132
Living cost
25 390
25 390
25 390
25 390
Free-cash
24 134
24 949
18 766
23 742

Estimated living cost  is ₽25390 per week

₽18997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽76894
₽64753
₽81568
₽78028
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%.

-
-
-
88 500
microenterprise

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

-
-
-
885
total
-
-
-
885
Employee
7 559
-
88 500
-
income
1 512
-
17 700
-
total
1 512
-
17 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

80 941
88 500
-
-
total
-
-
-
-
Dividends
80 941
88 500
-
-
withholding
4 047
4 425
-
-
total
4 047
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
5 559
4 425
17 700
885
After tax
82 941
84 075
70 800
87 615
Living cost
6 047
6 047
6 047
6 047
Free-cash
76 894
78 028
64 753
81 568

Estimated living cost  is ₽6047 per week

₽3748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽166
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽32448
₽21207
₽23745
₽39221
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.

-
-
-
88 500
pensions
-
-
-
16 163
unemployment
-
-
-
132
income
-
-
-
18 040
health
-
-
-
8 708
total
-
-
-
43 043
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

35 795
-
76 577
-
health
2 312
-
4 948
-
unemployment
51
-
108
-
pensions
5 548
-
11 870
-
income
6 173
-
16 732
-
total
14 084
-
33 658
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

35 795
-
76 577
-
health
2 384
-
5 100
-
pensions
3 167
-
6 777
-
unemployment
22
-
46
-
total
5 573
-
11 923
-
Corporate
47 132
88 500
-
-
income
8 956
16 814
-
-
total
8 956
16 814
-
-
Dividends
38 177
71 686
-
-
withholding
5 727
10 753
-
-
total
5 727
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 340
27 567
45 581
43 043
After tax
54 160
60 933
42 919
45 457
Living cost
21 712
21 712
21 712
21 712
Free-cash
32 448
39 221
21 207
23 745

Estimated living cost  is ₽21712 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽26694
₽35729
₽30950
₽23863
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.

-
-
-
88 500
income
-
-
-
23 042
health

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

-
-
-
5 124
total
-
-
-
28 166
Employee
37 134
-
84 776
-
social contributions
3 720
-
3 724
-
income
4 029
-
15 939
-
total
7 749
-
19 663
-
Employer
37 134
-
84 776
-
social contributions
3 720
-
3 724
-
total
3 720
-
3 724
-
Corporate
47 646
88 500
-
-
income
16 676
30 976
-
-
total
16 676
30 976
-
-
Dividends
30 970
57 524
-
-
social contributions
4 277
4 277
-
-
total
4 277
4 277
-
-
Income
88 500
88 500
88 500
88 500
Total tax
32 422
35 253
23 387
28 166
After tax
56 078
53 247
65 113
60 334
Living cost
29 384
29 384
29 384
29 384
Free-cash
26 694
23 863
35 729
30 950

Estimated living cost  is ₽29384 per week

₽19355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
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
₽37247
₽39433
₽39670
₽36829
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
-
-
-
88 500
income
-
-
-
13 275
health
-
-
-
6 177
social contributions
-
-
-
12 214
total
-
-
-
31 666
Employee
27 446
-
88 500
-
health
1 916
-
6 177
-
income
4 578
-
13 512
-
social contributions
3 788
-
12 214
-
total
10 282
-
31 903
-
Employer
27 446
-
88 500
-
total
-
-
-
-
Corporate
61 054
88 500
-
-
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%.

3 052
4 426
-
-
total
3 052
4 426
-
-
Dividends
58 002
84 074
-
-
social contributions
8 005
11 602
-
-
withholding
8 701
12 611
-
-
health
4 049
5 868
-
-
total
20 755
30 081
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 089
34 507
31 903
31 666
After tax
54 411
53 993
56 597
56 834
Living cost
17 164
17 164
17 164
17 164
Free-cash
37 247
36 829
39 433
39 670

Estimated living cost  is ₽17164 per week

₽11487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽30247
₽22293
₽20486
₽38314
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
-
-
-
88 500
income
-
-
-
7 607
health
-
-
-
11 947
social contributions
-
-
-
25 842
solidarity contribution
-
-
-
-
total
-
-
-
45 396
Employee
33 261
-
66 045
-
health
4 490
-
8 916
-
solidarity contribution
-
-
-
-
income
3 991
-
7 925
-
social contributions
2 162
-
4 293
-
total
10 643
-
21 134
-
Employer
33 261
-
66 045
-
health
2 993
-
5 944
-
social contributions
8 315
-
16 511
-
total
11 308
-
22 455
-
Corporate
43 930
88 500
-
-
income
8 347
16 815
-
-
total
8 347
16 815
-
-
Dividends
35 583
71 685
-
-
withholding
5 337
10 753
-
-
total
5 337
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 635
27 568
43 589
45 396
After tax
52 865
60 932
44 911
43 104
Living cost
22 618
22 618
22 618
22 618
Free-cash
30 247
38 314
22 293
20 486

Estimated living cost  is ₽22618 per week

₽16820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
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
₽72885
₽61377
₽78192
₽74652
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%.

-
-
-
88 500
microenterprise

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

-
-
-
885
total
-
-
-
885
Employee
11 779
-
88 500
-
income
2 356
-
17 700
-
total
2 356
-
17 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

76 721
88 500
-
-
total
-
-
-
-
Dividends
76 721
88 500
-
-
withholding
3 836
4 425
-
-
total
3 836
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
6 192
4 425
17 700
885
After tax
82 308
84 075
70 800
87 615
Living cost
9 423
9 423
9 423
9 423
Free-cash
72 885
74 652
61 377
78 192

Estimated living cost  is ₽9423 per week

₽6377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽316
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₽11073
₽15514
₽11652
₽5507
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
-
-
-
88 500
income
-
-
-
9 497
other
-
-
-
2 743
health
-
-
-
2 054
social contributions
-
-
-
2 522
pensions
-
-
-
20 936
surtax
-
-
-
-
total
-
-
-
37 752
Employee
50 698
-
71 429
-
pensions
5 734
-
3 674
-
income
4 424
-
11 115
-
social contributions
1 444
-
2 034
-
surtax
-
-
-
-
total
11 602
-
16 823
-
Employer
50 698
-
71 429
-
health
3 548
-
5 079
-
social contributions
152
-
214
-
pensions
8 330
-
6 417
-
unemployment
2 054
-
2 893
-
other
1 750
-
2 464
-
total
15 834
-
17 067
-
Corporate
21 967
88 500
-
-
income
6 151
24 781
-
-
surtax
-
-
-
-
total
6 151
24 781
-
-
Dividends
15 817
63 719
-
-
social contributions
2 719
10 959
-
-
surtax
-
-
-
-
withholding
2 025
8 157
-
-
total
4 744
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 331
43 897
33 890
37 752
After tax
50 169
44 603
54 610
50 748
Living cost
39 096
39 096
39 096
39 096
Free-cash
11 073
5 507
15 514
11 652

Estimated living cost  is ₽39096 per week

₽26460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽46025
₽33821
₽33821
₽49993
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.

-
-
-
88 500
pensions
-
-
-
15 497
unemployment
-
-
-
894
income
-
-
-
18 201
health
-
-
-
6 139
total
-
-
-
40 731
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

21 032
-
77 831
-
health
1 083
-
3 070
-
unemployment
158
-
447
-
pensions
2 944
-
8 344
-
income
2 899
-
18 201
-
total
7 084
-
30 062
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

21 032
-
77 831
-
health
1 083
-
3 070
-
pensions
2 524
-
7 152
-
unemployment
158
-
447
-
total
3 765
-
10 669
-
Corporate
63 703
88 500
-
-
income
9 556
13 275
-
-
total
9 556
13 275
-
-
Dividends
54 148
75 225
-
-
withholding
8 122
11 284
-
-
total
8 122
11 284
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 527
24 559
40 731
40 731
After tax
59 973
63 941
47 769
47 769
Living cost
13 948
13 948
13 948
13 948
Free-cash
46 025
49 993
33 821
33 821

Estimated living cost  is ₽13948 per week

₽9391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1079
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3074
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
₽8230
₽12469
₽16861
-₽15880
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
-
-
-
88 500
pensions
-
-
-
8 142
city
-
-
-
933
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.

-
-
-
1 770
health
-
-
-
200
regional
-
-
-
3 442
national
-
-
-
803
total
-
-
-
15 290
Employee
65 943
-
79 212
-
health
149
-
178
-
unemployment
-
-
-
-
city
708
-
851
-
pensions
5 540
-
6 654
-
regional
2 159
-
2 961
-
national
312
-
621
-
total
8 868
-
11 265
-
Employer
65 943
-
79 212
-
health
149
-
178
-
pensions
5 540
-
6 654
-
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.

1 318
-
1 585
-
total
7 007
-
8 417
-
Corporate
14 825
88 500
-
-
regional
3 135
18 717
-
-
national
1 261
7 523
-
-
total
4 396
26 240
-
-
Dividends
10 429
62 260
-
-
withholding
3 650
21 791
-
-
total
3 650
21 791
-
-
Income
88 500
88 500
88 500
88 500
Total tax
23 921
48 031
19 682
15 290
After tax
64 579
40 469
68 818
73 210
Living cost
56 349
56 349
56 349
56 349
Free-cash
8 230
-15 880
12 469
16 861

Estimated living cost  is ₽56349 per week

₽36643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13957
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
₽26209
₽18785
₽30921
₽27188
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

-
-
-
88 500
municipal
-
-
-
15 745
health
-
-
-
1 025
national
-
-
-
9 731
total
-
-
-
26 501
Employee
42 588
-
74 452
-
health
318
-
808
-
unemployment
639
-
1 117
-
pensions
2 874
-
5 026
-
national
704
-
5 487
-
municipal
6 975
-
12 151
-
total
11 510
-
24 589
-
Employer
42 588
-
74 452
-
health
327
-
573
-
pensions
7 389
-
12 917
-
accident
43
-
74
-
unemployment
277
-
484
-
total
8 036
-
14 048
-
Corporate
37 877
88 500
-
-
income
7 576
17 701
-
-
total
7 576
17 701
-
-
Dividends

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

22 726
53 100
-
-
municipal
4 091
9 558
-
-
national
-
2 975
-
-
total
4 091
12 533
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 213
30 234
38 637
26 501
After tax
57 287
58 266
49 863
61 999
Living cost
31 078
31 078
31 078
31 078
Free-cash
26 209
27 188
18 785
30 921

Estimated living cost  is ₽31078 per week

₽20300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₽7952
₽4534
₽11129
₽20093
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
-
-
-
88 500
communal

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

-
-
-
4 458
social contributions
-
-
-
14 214
national
-
-
-
29 185
total
-
-
-
47 857
Employee

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

57 902
-
68 546
-
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.

2 720
-
3 221
-
communal

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

3 020
-
3 575
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

504
-
596
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 343
-
5 141
-
national
17 801
-
21 964
-
total
28 388
-
34 497
-
Employer

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

57 902
-
68 546
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 561
-
4 217
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 131
-
6 074
-
surtax
6 565
-
7 773
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

753
-
891
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

845
-
1 000
-
total
16 855
-
19 955
-
Corporate
13 744
88 500
-
-
income
2 748
17 701
-
-
surtax
55
353
-
-
total
2 803
18 054
-
-
Dividends
10 941
70 446
-
-
withholding

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

2 988
20 839
-
-
total
2 988
20 839
-
-
Income
88 500
88 500
88 500
88 500
Total tax
51 034
38 893
54 452
47 857
After tax
37 466
49 607
34 048
40 643
Living cost
29 514
29 514
29 514
29 514
Free-cash
7 952
20 093
4 534
11 129

Estimated living cost  is ₽29514 per week

₽19011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽12629
₽12351
₽11646
₽13413
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
-
-
-
88 500
unemployment
-
-
-
77
municipal
-
-
-
19 782
other
-
-
-
8 890
health
-
-
-
4 774
national
-
-
-
-
accident
-
-
-
153
pensions
-
-
-
8 270
total
-
-
-
41 946
Employee
49 740
-
67 341
-
national
-
-
-
-
municipal
14 832
-
20 081
-
total
14 832
-
20 081
-
Employer
49 740
-
67 341
-
health
3 059
-
4 142
-
pensions
5 377
-
7 280
-
accident
100
-
135
-
unemployment
1 313
-
1 778
-
other
5 780
-
7 825
-
total
15 629
-
21 160
-
Corporate
23 132
88 500
-
-
income
5 089
19 470
-
-
total
5 089
19 470
-
-
Dividends
18 043
69 030
-
-
withholding
5 413
20 709
-
-
total
5 413
20 709
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 963
40 179
41 241
41 946
After tax
47 537
48 321
47 259
46 554
Living cost
34 908
34 908
34 908
34 908
Free-cash
12 629
13 413
12 351
11 646

Estimated living cost  is ₽34908 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽44087
₽38433
₽22792
₽15474
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
-
-
-
88 500
income
-
-
-
17 250
social contributions
-
-
-
10 089
total
-
-
-
27 339
Employee
55 015
-
-
-
income
12 135
-
-
-
social contributions
4 511
-
643
-
total
16 646
-
643
-
Employer
55 015
-
-
-
social contributions
77 572
-
11 055
-
total
77 572
-
11 055
-
Corporate
-
88 500
-
-
income
-
19 470
-
-
total
-
19 470
-
-
Dividends
-
69 030
-
-
income
-
15 187
-
-
total
-
15 187
-
-
Income
88 500
88 500
88 500
88 500
Total tax
94 218
34 657
11 698
27 339
After tax
-5 718
53 843
76 802
61 161
Living cost
38 369
38 369
38 369
38 369
Free-cash
-44 087
15 474
38 433
22 792

Estimated living cost  is ₽38369 per week

₽24895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9376
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
₽35125
₽35408
₽35992
₽38483
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
-
-
-
88 500
income
-
-
-
10 899
health
-
-
-
2 257
social contributions
-
-
-
13 097
total
-
-
-
26 253
Employee
62 244
62 244
80 345
-
health
619
1 058
1 366
-
income
6 536
5 762
10 648
-
social contributions
3 025
5 166
6 668
-
total
10 180
11 986
18 682
-
Employer
62 244
62 244
80 345
-
health
674
1 152
1 487
-
social contributions
3 025
5 166
6 668
-
total
3 699
6 318
8 155
-
Corporate
48 366
19 938
-
-
income
6 046
2 492
-
-
total
6 046
2 492
-
-
Dividends
42 320
17 446
-
-
withholding
7 195
2 966
-
-
total
7 195
2 966
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 120
23 762
26 837
26 253
After tax
61 380
64 738
61 663
62 247
Living cost
26 255
26 255
26 255
26 255
Free-cash
35 125
38 483
35 408
35 992

Estimated living cost  is ₽26255 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽32978
₽25252
₽33412
₽34249
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
-
-
-
88 500
income
-
-
-
20 120
pensions
-
-
-
6 034
total
-
-
-
26 154
Employee
39 716
-
77 761
-
health
518
-
1 299
-
pensions
3 031
-
7 596
-
income
7 233
-
14 680
-
total
10 782
-
23 575
-
Employer
39 716
-
77 761
-
health
755
-
1 477
-
pensions
4 013
-
9 262
-
total
4 768
-
10 739
-
Corporate
44 016
88 500
-
-
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.

8 363
16 816
-
-
total
8 363
16 816
-
-
Dividends
35 653
71 684
-
-
withholding
2 675
8 501
-
-
total
2 675
8 501
-
-
Income
88 500
88 500
88 500
88 500
Total tax
26 588
25 317
34 314
26 154
After tax
61 912
63 183
54 186
62 346
Living cost
28 934
28 934
28 934
28 934
Free-cash
32 978
34 249
25 252
33 412

Estimated living cost  is ₽28934 per week

₽19849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽362
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₽10687
₽7687
₽11737
₽14369
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
-
-
-
88 500
municipal
-
-
-
591
regional
-
-
-
1 836
social contributions
-
-
-
22 762
national
-
-
-
19 327
total
-
-
-
44 516
Employee
68 211
-
88 500
-
social contributions
23 000
-
29 842
-
regional
1 030
-
1 558
-
national
11 527
-
16 638
-
municipal
407
-
528
-
total
35 964
-
48 566
-
Employer
68 211
-
88 500
-
total
-
-
-
-
Corporate
20 289
88 500
-
-
nationa
4 869
21 240
-
-
municipal
979
4 266
-
-
total
5 848
25 506
-
-
Dividends
14 441
62 994
-
-
withholding
3 754
16 378
-
-
total
3 754
16 378
-
-
Income
88 500
88 500
88 500
88 500
Total tax
45 566
41 884
48 566
44 516
After tax
42 934
46 616
39 934
43 984
Living cost
32 247
32 247
32 247
32 247
Free-cash
10 687
14 369
7 687
11 737

Estimated living cost  is ₽32247 per week

₽22652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2218
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6889
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
₽4540
₽29219
₽43533
-₽9973
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
-
-
-
88 500
pensions
-
-
-
3 242
income
-
-
-
22 399
other
-
-
-
289
health
-
-
-
1 699
accident
-
-
-
197
total
-
-
-
27 826
Employee
26 964
-
76 754
-
health
3 087
-
8 788
-
pensions
3 036
-
5 944
-
income
3 699
-
15 662
-
total
9 822
-
30 394
-
Employer
26 964
-
76 754
-
pensions
4 384
-
8 584
-
accident
450
-
1 282
-
unemployment
661
-
1 880
-
total
5 495
-
11 746
-
Corporate
56 041
88 500
-
-
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.

50 437
79 650
-
-
total
50 437
79 650
-
-
Dividends
5 604
8 850
-
-
withholding
1 065
1 682
-
-
total
1 065
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
66 819
81 332
42 140
27 826
After tax
21 681
7 168
46 360
60 674
Living cost
17 141
17 141
17 141
17 141
Free-cash
4 540
-9 973
29 219
43 533

Estimated living cost  is ₽17141 per week

₽12563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽358
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3271
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
₽24972
₽30737
₽23437
₽14385
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.

-
-
-
88 500
trade
-
-
-
7 300
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
19 888
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
5 530
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
1 094
total
-
-
-
33 812
Employee

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

40 276
-
88 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 530
-
5 530
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 312
-
19 888
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

183
-
1 094
-
total
9 025
-
26 512
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 224
88 500
-
-
income
7 234
13 275
-
-
trade
6 920
12 699
-
-
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.

398
730
-
-
chamber of commerce
194
252
-
-
total
14 746
26 956
-
-
Dividends
33 479
61 544
-
-
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.

444
830
-
-
withholding
8 062
15 078
-
-
total
8 506
15 908
-
-
Income
88 500
88 500
88 500
88 500
Total tax
32 277
42 864
26 512
33 812
After tax
56 223
45 636
61 988
54 688
Living cost
31 251
31 251
31 251
31 251
Free-cash
24 972
14 385
30 737
23 437

Estimated living cost  is ₽31251 per week

₽21558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₽47321
₽32958
₽30318
₽53959
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.

-
-
-
88 500
income
-
-
-
12 889
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.

-
-
-
28 453
surtax
-
-
-
-
total
-
-
-
41 342
Employee
23 653
-
71 319
-
income
4 210
-
13 677
-
social contributions

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

2 602
-
7 845
-
surtax
-
-
-
-
total
6 812
-
21 522
-
Employer
23 653
-
71 319
-
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.

5 697
-
17 180
-
surtax
-
-
-
-
total
5 697
-
17 180
-
Corporate
59 150
88 500
-
-
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%.

11 830
17 701
-
-
total
11 830
17 701
-
-
Dividends

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

47 320
70 799
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 339
17 701
38 702
41 342
After tax
64 161
70 799
49 798
47 158
Living cost
16 840
16 840
16 840
16 840
Free-cash
47 321
53 959
32 958
30 318

Estimated living cost  is ₽16840 per week

₽10744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽43653
₽41040
₽41749
₽45285
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
-
-
-
88 500
income
-
-
-
24 306
health
-
-
-
5 256
pensions
-
-
-
7 250
total
-
-
-
36 812
Employee
15 139
-
80 344
-
health
757
-
1 813
-
unemployment
151
-
363
-
pensions
1 362
-
3 263
-
income
2 929
-
23 925
-
total
5 199
-
29 364
-
Employer
15 139
-
80 344
-
health
1 438
-
3 444
-
pensions
1 665
-
3 988
-
unemployment
303
-
725
-
total
3 406
-
8 157
-
Corporate
69 955
88 500
-
-
income
15 390
19 470
-
-
total
15 390
19 470
-
-
Dividends
54 565
69 030
-
-
withholding
10 913
13 806
-
-
total
10 913
13 806
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 908
33 276
37 521
36 812
After tax
53 592
55 224
50 979
51 688
Living cost
9 939
9 939
9 939
9 939
Free-cash
43 653
45 285
41 040
41 749

Estimated living cost  is ₽9939 per week

₽5907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽228
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽34909
₽24852
₽26315
₽37486
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
-
-
-
88 500
pensions
-
-
-
17 701
unemployment
-
-
-
184
income
-
-
-
17 582
other
-
-
-
-
health
-
-
-
6 283
surtax
-
-
-
2 253
total
-
-
-
44 003
Employee
27 260
-
73 110
-
health
696
-
1 863
-
unemployment
1 897
-
5 089
-
pensions
1 819
-
4 877
-
income
4 570
-
16 221
-
other
-
-
-
-
surtax
97
-
2 026
-
total
9 079
-
30 076
-
Employer
27 260
-
73 110
-
health
1 240
-
3 327
-
pensions
3 634
-
9 745
-
unemployment
865
-
2 318
-
other
-
-
-
-
total
5 739
-
15 390
-
Corporate
55 501
88 500
-
-
income
14 430
23 009
-
-
total
14 430
23 009
-
-
Dividends
41 071
65 491
-
-
withholding
6 161
9 823
-
-
total
6 161
9 823
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 409
32 832
45 466
44 003
After tax
53 091
55 668
43 034
44 497
Living cost
18 182
18 182
18 182
18 182
Free-cash
34 909
37 486
24 852
26 315

Estimated living cost  is ₽18182 per week

₽10977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽23345
₽83
₽18527
₽23744
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
-
-
-
88 500
pensions
-
-
-
16 372
chamber of commerce
-
-
-
353
unemployment
-