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
₽22673
₽23504
₽35567
₽30978
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
-
-
-
16 606
accident
-
-
-
731
unemployment
-
-
-
568
pensions
-
-
-
22 950
other
-
-
-
81
total
-
-
-
40 936
Employee
32 352
-
67 104
-
other
32
-
66
-
income
6 237
-
16 115
-
unemployment
501
-
1 039
-
pensions
1 521
-
3 155
-
total
8 291
-
20 375
-
Employer
32 352
-
67 104
-
unemployment
1 780
-
3 691
-
pensions
7 634
-
15 837
-
other
259
-
536
-
accident
641
-
1 328
-
total
10 314
-
21 392
-
Corporate
45 834
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.

6 876
13 275
-
-
total
6 876
13 275
-
-
Dividends
38 958
75 225
-
-
withholding
7 981
15 598
-
-
total
7 981
15 598
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 462
28 873
41 767
40 936
After tax
55 038
59 627
46 733
47 564
Living cost
24 060
24 060
24 060
24 060
Free-cash
30 978
35 567
22 673
23 504

Estimated living cost  is ₽24060 per week

₽16240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2313
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.
₽5086
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
₽28421
₽24608
₽41706
₽35798
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
-
-
-
11 241
health
-
-
-
3 894
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.

-
-
-
21 239
other
-
-
-
4 204
total
-
-
-
40 578
Employee
31 768
-
70 688
-
income
5 469
-
12 308
-
health
445
-
990
-
unemployment
317
-
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.

2 223
-
4 948
-
total
8 454
-
18 953
-
Employer
31 768
-
70 688
-
unemployment
317
-
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.

5 401
-
12 016
-
other
1 589
-
3 533
-
accident
254
-
566
-
health
445
-
990
-
total
8 006
-
17 812
-
Corporate
48 725
88 500
-
-
income
10 233
18 585
-
-
total
10 233
18 585
-
-
Dividends
38 493
69 915
-
-
withholding
2 695
4 895
-
-
total
2 695
4 895
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 388
23 480
36 765
40 578
After tax
59 112
65 020
51 735
47 922
Living cost
23 314
23 314
23 314
23 314
Free-cash
35 798
41 706
28 421
24 608

Estimated living cost  is ₽23314 per week

₽16473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4891
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
₽58334
₽55574
₽64184
₽60118
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
-
-
-
3 518
unemployment
-
-
-
122
pensions

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

-
-
-
4 528
total
-
-
-
21 443
Employee
15 205
-
82 498
-
income
1 520
-
8 250
-
health
699
-
1 407
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
pensions

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

1 335
-
2 686
-
total
3 721
-
12 680
-
Employer
15 205
-
82 498
-
unemployment
91
-
184
-
pensions

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

1 676
-
3 371
-
accident

We are using the highest rate at 1.1%.

167
-
337
-
health
1 049
-
2 111
-
total
2 983
-
6 003
-
Corporate
70 312
88 500
-
-
income
7 031
8 850
-
-
total
7 031
8 850
-
-
Dividends
63 281
79 650
-
-
withholding
3 164
3 983
-
-
total
3 164
3 983
-
-
Income
88 500
88 500
88 500
88 500
Total tax
16 899
12 833
18 683
21 443
After tax
71 601
75 667
69 817
67 057
Living cost
11 483
11 483
11 483
11 483
Free-cash
60 118
64 184
58 334
55 574

Estimated living cost  is ₽11483 per week

₽6704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽3655
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
₽25814
₽20998
₽14670
₽19835
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
-
-
-
8 570
social contributions
-
-
-
2 522
health
-
-
-
1 694
surtax
-
-
-
-
pensions
-
-
-
22 035
other
-
-
-
2 746
total
-
-
-
37 567
Employee
37 446
-
71 822
-
income
2 210
-
10 599
-
social contributions
1 068
-
2 046
-
surtax
-
-
-
-
pensions
4 234
-
3 427
-
total
7 512
-
16 072
-
Employer
37 446
-
71 822
-
unemployment
1 516
-
2 909
-
social contributions
113
-
216
-
pensions
6 152
-
6 049
-
other
1 292
-
2 477
-
health
2 622
-
5 028
-
total
11 695
-
16 679
-
Corporate
39 360
88 500
-
-
income
11 022
24 779
-
-
surtax
-
-
-
-
total
11 022
24 779
-
-
Dividends
28 338
63 721
-
-
withholding
3 628
8 156
-
-
surtax
-
-
-
-
social contributions
4 873
10 960
-
-
total
8 501
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 730
43 895
32 751
37 567
After tax
49 770
44 605
55 749
50 933
Living cost
29 935
29 935
29 935
29 935
Free-cash
19 835
14 670
25 814
20 998

Estimated living cost  is ₽29935 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽8118
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
₽6392
₽13574
₽6183
₽824
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
-
-
-
17 482
health
-
-
-
10 540
pensions
-
-
-
10 251
total
-
-
-
38 273
Employee
74 717
74 717
75 313
-
income

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

12 230
12 230
12 230
-
health
11 468
9 755
9 788
-
pensions
13 449
10 251
10 251
-
total
37 147
32 236
32 269
-
Employer
74 717
74 717
75 313
-
unemployment
2 690
2 690
2 711
-
pensions
5 200
5 200
5 242
-
health
5 194
5 194
5 233
-
total
13 084
13 084
13 186
-
Corporate
1 616
700
-
-
income
324
139
-
-
total
324
139
-
-
Dividends
1 293
560
-
-
withholding
194
85
-
-
income
274
120
-
-
total
468
205
-
-
Income
88 500
88 500
88 500
88 500
Total tax
51 023
45 664
45 455
38 273
After tax
37 477
42 836
43 045
50 227
Living cost
36 653
36 653
36 653
36 653
Free-cash
824
6 183
6 392
13 574

Estimated living cost  is ₽36653 per week

₽25975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽6791
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
₽36380
₽28849
₽18242
₽27921
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
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.

-
-
-
18 618
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.

-
-
-
5 977
trade
-
-
-
7 531
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.

-
-
-
1 024
total
-
-
-
33 150
Employee

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

33 465
-
88 500
-
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.

935
-
18 618
-
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.

5 977
-
5 977
-
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.

51
-
1 024
-
total
6 963
-
25 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 035
88 500
-
-
chamber of commerce
213
261
-
-
income
8 255
13 275
-
-
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.

453
731
-
-
trade
8 669
13 939
-
-
total
17 590
28 206
-
-
Dividends
37 445
60 295
-
-
withholding
9 029
14 741
-
-
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.

496
810
-
-
total
9 525
15 551
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 078
43 757
25 619
33 150
After tax
54 422
44 743
62 881
55 350
Living cost
26 501
26 501
26 501
26 501
Free-cash
27 921
18 242
36 380
28 849

Estimated living cost  is ₽26501 per week

₽16670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3090
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.
₽6246
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
₽42300
₽42388
₽44520
₽39758
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
-
-
-
9 793
social contributions
-
-
-
13 806
health
-
-
-
2 256
total
-
-
-
25 855
Employee
67 279
67 279
80 346
-
income
7 326
6 228
9 755
-
social contributions
2 544
5 584
6 668
-
health
521
1 144
1 366
-
total
10 391
12 956
17 789
-
Employer
67 279
67 279
80 346
-
social contributions
2 544
5 584
6 668
-
health
566
1 245
1 486
-
total
3 110
6 829
8 154
-
Corporate
54 742
14 392
-
-
income
6 842
1 798
-
-
total
6 842
1 798
-
-
Dividends
47 900
12 594
-
-
withholding
8 142
2 140
-
-
total
8 142
2 140
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 485
23 723
25 943
25 855
After tax
60 015
64 777
62 557
62 645
Living cost
20 257
20 257
20 257
20 257
Free-cash
39 758
44 520
42 300
42 388

Estimated living cost  is ₽20257 per week

₽12141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
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.
₽5682
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
₽17454
₽21999
₽22895
₽22013
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
-
-
-
8 304
social contributions

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

-
-
-
30 753
surtax
-
-
-
-
total
-
-
-
39 057
Employee
40 241
-
71 514
-
income
8 370
-
18 751
-
social contributions
4 427
-
7 867
-
surtax
-
-
-
-
total
12 797
-
26 618
-
Employer
40 241
-
71 514
-
social contributions
9 557
-
16 984
-
total
9 557
-
16 984
-
Corporate
38 702
88 500
-
-
income
8 128
18 585
-
-
surtax
-
-
-
-
total
8 128
18 585
-
-
Dividends
30 575
69 915
-
-
withholding
8 561
19 576
-
-
total
8 561
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 043
38 161
43 602
39 057
After tax
49 457
50 339
44 898
49 443
Living cost
27 444
27 444
27 444
27 444
Free-cash
22 013
22 895
17 454
21 999

Estimated living cost  is ₽27444 per week

₽20534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
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.
₽4833
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
₽64513
₽81328
₽77788
₽76610
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
7 858
-
88 500
-
income
1 571
-
17 700
-
total
1 571
-
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%.

80 642
88 500
-
-
total
-
-
-
-
Dividends
80 642
88 500
-
-
withholding
4 032
4 425
-
-
total
4 032
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
5 603
4 425
17 700
885
After tax
82 897
84 075
70 800
87 615
Living cost
6 287
6 287
6 287
6 287
Free-cash
76 610
77 788
64 513
81 328

Estimated living cost  is ₽6287 per week

₽3896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽173
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.
₽1695
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
₽19740
₽22276
₽37464
₽30145
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
income
-
-
-
17 752
health
-
-
-
8 709
unemployment
-
-
-
133
pensions
-
-
-
16 162
total
-
-
-
42 756
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.

38 690
-
76 577
-
income
6 672
-
16 445
-
health
2 499
-
4 946
-
unemployment
55
-
108
-
pensions
5 997
-
11 870
-
total
15 223
-
33 369
-
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.

38 690
-
76 577
-
unemployment
23
-
46
-
pensions
3 424
-
6 778
-
health
2 577
-
5 099
-
total
6 024
-
11 923
-
Corporate
43 786
88 500
-
-
income
8 320
16 815
-
-
total
8 320
16 815
-
-
Dividends
35 466
71 685
-
-
withholding
5 320
10 753
-
-
total
5 320
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 887
27 568
45 292
42 756
After tax
53 613
60 932
43 208
45 744
Living cost
23 468
23 468
23 468
23 468
Free-cash
30 145
37 464
19 740
22 276

Estimated living cost  is ₽23468 per week

₽16106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽5404
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
₽33251
₽26123
₽21143
₽24499
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
-
-
-
24 906
health

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

-
-
-
5 710
total
-
-
-
30 616
Employee
40 137
-
84 475
-
social contributions
4 021
-
4 025
-
income
4 355
-
15 438
-
total
8 376
-
19 463
-
Employer
40 137
-
84 475
-
social contributions
4 021
-
4 025
-
total
4 021
-
4 025
-
Corporate
44 341
88 500
-
-
income
15 519
30 974
-
-
total
15 519
30 974
-
-
Dividends
28 822
57 526
-
-
social contributions
4 324
4 622
-
-
total
4 324
4 622
-
-
Income
88 500
88 500
88 500
88 500
Total tax
32 240
35 596
23 488
30 616
After tax
56 260
52 904
65 012
57 884
Living cost
31 761
31 761
31 761
31 761
Free-cash
24 499
21 143
33 251
26 123

Estimated living cost  is ₽31761 per week

₽20921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽7849
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
₽38384
₽38281
₽35441
₽35896
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
social contributions
-
-
-
12 214
health
-
-
-
6 177
total
-
-
-
31 666
Employee
29 666
-
88 500
-
income
4 948
-
13 172
-
social contributions
4 094
-
12 214
-
health
2 070
-
6 177
-
total
11 112
-
31 563
-
Employer
29 666
-
88 500
-
total
-
-
-
-
Corporate
58 834
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%.

2 942
4 425
-
-
total
2 942
4 425
-
-
Dividends
55 892
84 075
-
-
withholding
8 383
12 610
-
-
health
3 902
5 868
-
-
social contributions
7 712
11 603
-
-
total
19 997
30 081
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 051
34 506
31 563
31 666
After tax
54 449
53 994
56 937
56 834
Living cost
18 553
18 553
18 553
18 553
Free-cash
35 896
35 441
38 384
38 281

Estimated living cost  is ₽18553 per week

₽12416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
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.
₽4564
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
₽21182
₽19375
₽37203
₽28738
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
social contributions
-
-
-
25 842
solidarity contribution
-
-
-
-
health
-
-
-
11 947
total
-
-
-
45 396
Employee
34 896
-
66 045
-
solidarity contribution
-
-
-
-
income
4 187
-
7 925
-
social contributions
2 268
-
4 293
-
health
4 711
-
8 916
-
total
11 166
-
21 134
-
Employer
34 896
-
66 045
-
social contributions
8 724
-
16 511
-
health
3 141
-
5 944
-
total
11 865
-
22 455
-
Corporate
41 740
88 500
-
-
income
7 931
16 815
-
-
total
7 931
16 815
-
-
Dividends
33 809
71 685
-
-
withholding
5 071
10 753
-
-
total
5 071
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 033
27 568
43 589
45 396
After tax
52 467
60 932
44 911
43 104
Living cost
23 729
23 729
23 729
23 729
Free-cash
28 738
37 203
21 182
19 375

Estimated living cost  is ₽23729 per week

₽17646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
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.
₽4358
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
₽61003
₽77818
₽74278
₽72441
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
12 247
-
88 500
-
income
2 449
-
17 700
-
total
2 449
-
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%.

76 253
88 500
-
-
total
-
-
-
-
Dividends
76 253
88 500
-
-
withholding
3 813
4 425
-
-
total
3 813
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
6 262
4 425
17 700
885
After tax
82 238
84 075
70 800
87 615
Living cost
9 797
9 797
9 797
9 797
Free-cash
72 441
74 278
61 003
77 818

Estimated living cost  is ₽9797 per week

₽6630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
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.
₽2427
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
₽13490
₽8674
₽2346
₽8360
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
-
-
-
8 570
social contributions
-
-
-
2 522
health
-
-
-
1 694
surtax
-
-
-
-
pensions
-
-
-
22 035
other
-
-
-
2 746
total
-
-
-
37 567
Employee
54 799
-
71 822
-
income
4 781
-
10 599
-
social contributions
1 561
-
2 046
-
surtax
-
-
-
-
pensions
6 198
-
3 427
-
total
12 540
-
16 072
-
Employer
54 799
-
71 822
-
unemployment
2 220
-
2 909
-
social contributions
164
-
216
-
pensions
9 004
-
6 049
-
other
1 891
-
2 477
-
health
3 835
-
5 028
-
total
17 114
-
16 679
-
Corporate
16 586
88 500
-
-
income
4 644
24 779
-
-
surtax
-
-
-
-
total
4 644
24 779
-
-
Dividends
11 942
63 721
-
-
withholding
1 529
8 156
-
-
surtax
-
-
-
-
social contributions
2 054
10 960
-
-
total
3 583
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 881
43 895
32 751
37 567
After tax
50 619
44 605
55 749
50 933
Living cost
42 259
42 259
42 259
42 259
Free-cash
8 360
2 346
13 490
8 674

Estimated living cost  is ₽42259 per week

₽28600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽9622
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
₽31880
₽31881
₽48852
₽44559
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
income
-
-
-
17 155
health
-
-
-
6 642
unemployment
-
-
-
967
pensions
-
-
-
16 766
total
-
-
-
41 530
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.

22 754
-
76 958
-
income
3 136
-
17 155
-
health
1 172
-
3 321
-
unemployment
171
-
484
-
pensions
3 186
-
9 028
-
total
7 665
-
29 988
-
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.

22 754
-
76 958
-
unemployment
171
-
484
-
pensions
2 730
-
7 738
-
health
1 172
-
3 321
-
total
4 073
-
11 543
-
Corporate
61 673
88 500
-
-
income
9 251
13 275
-
-
total
9 251
13 275
-
-
Dividends
52 422
75 225
-
-
withholding
7 863
11 284
-
-
total
7 863
11 284
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 852
24 559
41 531
41 530
After tax
59 648
63 941
46 969
46 970
Living cost
15 089
15 089
15 089
15 089
Free-cash
44 559
48 852
31 880
31 881

Estimated living cost  is ₽15089 per week

₽10160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽3326
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
₽8026
₽12421
-₽20595
₽5530
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
regional
-
-
-
3 272
national
-
-
-
698
health
-
-
-
199
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.

-
-
-
1 771
pensions
-
-
-
8 141
total
-
-
-
15 014
Employee
71 462
-
79 211
-
regional
2 340
-
2 789
-
city
767
-
852
-
health
162
-
179
-
unemployment
-
-
-
-
national
338
-
516
-
pensions
6 004
-
6 655
-
total
9 611
-
10 991
-
Employer
71 462
-
79 211
-
unemployment
-
-
-
-
pensions
6 004
-
6 655
-
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.

1 429
-
1 584
-
health
162
-
179
-
total
7 595
-
8 418
-
Corporate
8 658
88 500
-
-
regional
1 832
18 717
-
-
national
736
7 522
-
-
total
2 568
26 239
-
-
Dividends
6 091
62 261
-
-
withholding
2 131
21 791
-
-
total
2 131
21 791
-
-
Income
88 500
88 500
88 500
88 500
Total tax
21 905
48 030
19 409
15 014
After tax
66 595
40 470
69 091
73 486
Living cost
61 065
61 065
61 065
61 065
Free-cash
5 530
-20 595
8 026
12 421

Estimated living cost  is ₽61065 per week

₽39710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
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.
₽15125
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
₽16818
₽29141
₽25174
₽23378
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
-
-
-
15 750
national
-
-
-
9 020
health
-
-
-
998
total
-
-
-
25 768
Employee
46 033
-
74 452
-
health
344
-
782
-
unemployment
691
-
1 117
-
national
760
-
4 963
-
municipal
7 540
-
12 154
-
pensions
3 107
-
5 026
-
total
12 442
-
24 042
-
Employer
46 033
-
74 452
-
unemployment
299
-
483
-
pensions
7 986
-
12 918
-
accident
46
-
75
-
health
354
-
573
-
total
8 685
-
14 049
-
Corporate
33 782
88 500
-
-
income
6 756
17 700
-
-
total
6 756
17 700
-
-
Dividends

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

20 270
53 100
-
-
national
-
2 476
-
-
municipal
3 648
9 559
-
-
total
3 648
12 035
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 531
29 735
38 091
25 768
After tax
56 969
58 765
50 409
62 732
Living cost
33 591
33 591
33 591
33 591
Free-cash
23 378
25 174
16 818
29 141

Estimated living cost  is ₽33591 per week

₽21942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽7885
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
₽2535
₽9541
₽17728
₽4605
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
national
-
-
-
28 718
social contributions
-
-
-
13 861
communal

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

-
-
-
4 478
total
-
-
-
47 057
Employee

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

62 585
-
68 544
-
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.

2 941
-
3 223
-
communal

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

3 264
-
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.

545
-
596
-
national
19 241
-
21 571
-
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.

4 694
-
5 141
-
total
30 685
-
34 106
-
Employer

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

62 585
-
68 544
-
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.

913
-
1 001
-
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.

5 546
-
6 074
-
surtax
7 096
-
7 774
-
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.

814
-
892
-
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.

3 849
-
4 216
-
total
18 218
-
19 957
-
Corporate
7 697
88 500
-
-
income
1 539
17 700
-
-
surtax
32
354
-
-
total
1 571
18 054
-
-
Dividends
6 127
70 447
-
-
withholding

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

1 519
20 816
-
-
total
1 519
20 816
-
-
Income
88 500
88 500
88 500
88 500
Total tax
51 993
38 870
54 063
47 057
After tax
36 507
49 630
34 437
41 443
Living cost
31 902
31 902
31 902
31 902
Free-cash
4 605
17 728
2 535
9 541

Estimated living cost  is ₽31902 per week

₽20549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
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.
₽8064
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
₽11388
₽10252
₽12449
₽11645
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
-
-
-
19 599
national
-
-
-
-
health
-
-
-
4 906
accident
-
-
-
157
unemployment
-
-
-
79
pensions
-
-
-
8 499
other
-
-
-
9 136
total
-
-
-
42 376
Employee
51 114
-
67 341
-
national
-
-
-
-
municipal
15 242
-
20 081
-
total
15 242
-
20 081
-
Employer
51 114
-
67 341
-
unemployment
1 349
-
1 778
-
pensions
5 525
-
7 280
-
other
5 940
-
7 825
-
accident
102
-
135
-
health
3 143
-
4 141
-
total
16 059
-
21 159
-
Corporate
21 326
88 500
-
-
income
4 692
19 470
-
-
total
4 692
19 470
-
-
Dividends
16 634
69 030
-
-
withholding
4 990
20 709
-
-
total
4 990
20 709
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 983
40 179
41 240
42 376
After tax
47 517
48 321
47 260
46 124
Living cost
35 872
35 872
35 872
35 872
Free-cash
11 645
12 449
11 388
10 252

Estimated living cost  is ₽35872 per week

₽23774
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽8033
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
₽37410
₽22008
₽14690
-₽46798
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
56 140
-
-
-
income
12 383
-
-
-
social contributions
4 604
-
656
-
total
16 987
-
656
-
Employer
56 140
-
-
-
social contributions
79 158
-
11 281
-
total
79 158
-
11 281
-
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
96 145
34 657
11 937
27 339
After tax
-7 645
53 843
76 563
61 161
Living cost
39 153
39 153
39 153
39 153
Free-cash
-46 798
14 690
37 410
22 008

Estimated living cost  is ₽39153 per week

₽25404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽9568
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
₽34178
₽34266
₽36398
₽32769
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
-
-
-
9 793
social contributions
-
-
-
13 806
health
-
-
-
2 256
total
-
-
-
25 855
Employee
67 279
67 279
80 346
-
income
7 065
6 228
9 755
-
social contributions
3 269
5 584
6 668
-
health
669
1 144
1 366
-
total
11 003
12 956
17 789
-
Employer
67 279
67 279
80 346
-
social contributions
3 269
5 584
6 668
-
health
729
1 245
1 486
-
total
3 998
6 829
8 154
-
Corporate
45 120
14 392
-
-
income
5 640
1 798
-
-
total
5 640
1 798
-
-
Dividends
39 480
12 594
-
-
withholding
6 711
2 140
-
-
total
6 711
2 140
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 352
23 723
25 943
25 855
After tax
61 148
64 777
62 557
62 645
Living cost
28 379
28 379
28 379
28 379
Free-cash
32 769
36 398
34 178
34 266

Estimated living cost  is ₽28379 per week

₽19400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽6286
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
₽23621
₽31624
₽32894
₽29783
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
-
-
-
18 722
pensions
-
-
-
6 444
total
-
-
-
25 166
Employee
43 526
-
77 883
-
income
7 926
-
13 834
-
health
568
-
1 273
-
pensions
3 322
-
7 445
-
total
11 816
-
22 552
-
Employer
43 526
-
77 883
-
pensions
4 398
-
9 137
-
health
827
-
1 480
-
total
5 225
-
10 617
-
Corporate
39 749
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.

7 552
16 815
-
-
total
7 552
16 815
-
-
Dividends
32 197
71 685
-
-
withholding
2 414
7 081
-
-
total
2 414
7 081
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 007
23 896
33 169
25 166
After tax
61 493
64 604
55 331
63 334
Living cost
31 710
31 710
31 710
31 710
Free-cash
29 783
32 894
23 621
31 624

Estimated living cost  is ₽31710 per week

₽21753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
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.
₽6642
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
₽5596
₽9644
₽11760
₽7779
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
-
-
-
1 777
national
-
-
-
18 870
social contributions
-
-
-
22 762
total
-
-
-
44 000
Employee
73 728
-
88 500
-
regional
1 113
-
1 498
-
social contributions
24 861
-
29 842
-
national
12 459
-
16 180
-
municipal
440
-
528
-
total
38 873
-
48 048
-
Employer
73 728
-
88 500
-
total
-
-
-
-
Corporate
14 772
88 500
-
-
nationa
3 545
21 239
-
-
municipal
712
4 265
-
-
total
4 257
25 504
-
-
Dividends
10 515
62 995
-
-
withholding
2 735
16 380
-
-
total
2 735
16 380
-
-
Income
88 500
88 500
88 500
88 500
Total tax
45 865
41 884
48 048
44 000
After tax
42 635
46 616
40 452
44 500
Living cost
34 856
34 856
34 856
34 856
Free-cash
7 779
11 760
5 596
9 644

Estimated living cost  is ₽34856 per week

₽24484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽7447
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
₽28108
₽42692
-₽10839
₽4407
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
-
-
-
22 099
health
-
-
-
1 785
accident
-
-
-
207
pensions
-
-
-
3 406
other
-
-
-
303
total
-
-
-
27 800
Employee
28 328
-
76 337
-
income
3 886
-
15 236
-
health
3 244
-
8 740
-
pensions
3 190
-
6 245
-
total
10 320
-
30 221
-
Employer
28 328
-
76 337
-
unemployment
694
-
1 870
-
pensions
4 606
-
9 018
-
accident
473
-
1 275
-
total
5 773
-
12 163
-
Corporate
54 399
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.

48 959
79 650
-
-
total
48 959
79 650
-
-
Dividends
5 440
8 850
-
-
withholding
1 033
1 681
-
-
total
1 033
1 681
-
-
Income
88 500
88 500
88 500
88 500
Total tax
66 085
81 331
42 384
27 800
After tax
22 415
7 169
46 116
60 700
Living cost
18 008
18 008
18 008
18 008
Free-cash
4 407
-10 839
28 108
42 692

Estimated living cost  is ₽18008 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽3437
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
₽29102
₽22240
₽11873
₽23323
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
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.

-
-
-
18 618
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.

-
-
-
5 977
trade
-
-
-
6 862
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.

-
-
-
1 024
total
-
-
-
32 481
Employee

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

43 534
-
88 500
-
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.

3 580
-
18 618
-
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.

5 977
-
5 977
-
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.

198
-
1 024
-
total
9 755
-
25 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 966
88 500
-
-
chamber of commerce
199
262
-
-
income
6 744
13 275
-
-
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.

370
731
-
-
trade
6 452
12 700
-
-
total
13 765
26 968
-
-
Dividends
31 200
61 532
-
-
withholding
7 468
15 051
-
-
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.

410
829
-
-
total
7 878
15 880
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 398
42 848
25 619
32 481
After tax
57 102
45 652
62 881
56 019
Living cost
33 779
33 779
33 779
33 779
Free-cash
23 323
11 873
29 102
22 240

Estimated living cost  is ₽33779 per week

₽23302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽6353
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
₽31669
₽29031
₽52597
₽45420
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
microenterprise
-
-
-
-
income
-
-
-
12 814
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.

-
-
-
28 452
surtax
-
-
-
-
total
-
-
-
41 266
Employee
25 566
-
71 319
-
income
4 551
-
13 603
-
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.

2 813
-
7 845
-
surtax
-
-
-
-
total
7 364
-
21 448
-
Employer
25 566
-
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.

6 158
-
17 180
-
surtax
-
-
-
-
total
6 158
-
17 180
-
Corporate
56 775
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%.

11 355
17 700
-
-
total
11 355
17 700
-
-
Dividends

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

45 420
70 800
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 877
17 700
38 628
41 266
After tax
63 623
70 800
49 872
47 234
Living cost
18 203
18 203
18 203
18 203
Free-cash
45 420
52 597
31 669
29 031

Estimated living cost  is ₽18203 per week

₽11613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4443
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
₽38731
₽39537
₽43891
₽42030
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
-
-
-
23 371
health
-
-
-
5 993
pensions
-
-
-
8 266
total
-
-
-
37 630
Employee
17 261
-
79 200
-
income
3 339
-
22 937
-
health
863
-
2 067
-
unemployment
173
-
413
-
pensions
1 553
-
3 720
-
total
5 928
-
29 137
-
Employer
17 261
-
79 200
-
unemployment
345
-
827
-
pensions
1 899
-
4 546
-
health
1 640
-
3 926
-
total
3 884
-
9 299
-
Corporate
67 355
88 500
-
-
income
14 818
19 470
-
-
total
14 818
19 470
-
-
Dividends
52 537
69 030
-
-
withholding
10 507
13 806
-
-
total
10 507
13 806
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 137
33 276
38 436
37 630
After tax
53 363
55 224
50 064
50 870
Living cost
11 333
11 333
11 333
11 333
Free-cash
42 030
43 891
38 731
39 537

Estimated living cost  is ₽11333 per week

₽6735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽260
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.
₽3420
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
₽24059
₽25776
₽36015
₽33231
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
-
-
-
16 825
health
-
-
-
6 283
unemployment
-
-
-
199
surtax
-
-
-
2 065
pensions
-
-
-
17 700
other
-
-
-
-
total
-
-
-
43 072
Employee
29 465
-
73 110
-
other
-
-
-
-
income
4 940
-
15 700
-
health
752
-
1 865
-
unemployment
2 051
-
5 089
-
surtax
105
-
1 868
-
pensions
1 966
-
4 877
-
total
9 814
-
29 399
-
Employer
29 465
-
73 110
-
unemployment
935
-
2 318
-
pensions
3 928
-
9 746
-
other
-
-
-
-
health
1 340
-
3 326
-
total
6 203
-
15 390
-
Corporate
52 832
88 500
-
-
income
13 736
23 009
-
-
total
13 736
23 009
-
-
Dividends
39 096
65 491
-
-
withholding
5 864
9 824
-
-
total
5 864
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 617
32 833
44 789
43 072
After tax
52 883
55 667
43 711
45 428
Living cost
19 652
19 652
19 652
19 652
Free-cash
33 231
36 015
24 059
25 776

Estimated living cost  is ₽19652 per week

₽11865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
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.
₽5624
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
-₽1163
₽16986
₽21773
₽21344
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
-
-
-
14 736
chamber of commerce
-
-
-
354
health
-
-