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
₽ 96500
per

Your estimated
City
free-cash

Valencia , Spain
₽38241
₽27375
₽30689
₽42435
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
-
-
-
96 500
unemployment
-
-
-
530
income
-
-
-
20 640
other
-
-
-
76
accident
-
-
-
682
pensions
-
-
-
21 423
total
-
-
-
43 351
Employee
30 200
-
73 172
-
unemployment
468
-
1 135
-
pensions
1 420
-
3 439
-
income
5 822
-
18 691
-
other
29
-
73
-
total
7 739
-
23 338
-
Employer
30 200
-
73 172
-
pensions
7 127
-
17 269
-
accident
598
-
1 449
-
unemployment
1 662
-
4 025
-
other
242
-
584
-
total
9 629
-
23 327
-
Corporate
56 672
96 500
-
-
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.

8 501
14 475
-
-
total
8 501
14 475
-
-
Dividends
48 170
82 025
-
-
withholding
9 930
17 130
-
-
total
9 930
17 130
-
-
Income
96 500
96 500
96 500
96 500
Total tax
35 799
31 605
46 665
43 351
After tax
60 701
64 895
49 835
53 149
Living cost
22 460
22 460
22 460
22 460
Free-cash
38 241
42 435
27 375
30 689

Estimated living cost  is ₽22460 per week

₽15160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4747
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
₽43622
₽34069
₽30076
₽49136
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
-
-
-
96 500
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.

-
-
-
23 161
income
-
-
-
12 672
other
-
-
-
4 583
health
-
-
-
4 245
total
-
-
-
44 661
Employee
29 655
-
77 078
-
health
415
-
1 079
-
unemployment
296
-
770
-
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.

2 075
-
5 395
-
income
5 105
-
14 002
-
total
7 891
-
21 246
-
Employer
29 655
-
77 078
-
health
415
-
1 079
-
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.

5 042
-
13 103
-
accident
237
-
617
-
unemployment
296
-
770
-
other
1 483
-
3 853
-
total
7 473
-
19 422
-
Corporate
59 371
96 500
-
-
income
12 468
20 265
-
-
total
12 468
20 265
-
-
Dividends
46 903
76 235
-
-
withholding
3 283
5 336
-
-
total
3 283
5 336
-
-
Income
96 500
96 500
96 500
96 500
Total tax
31 115
25 601
40 668
44 661
After tax
65 385
70 899
55 832
51 839
Living cost
21 763
21 763
21 763
21 763
Free-cash
43 622
49 136
34 069
30 076

Estimated living cost  is ₽21763 per week

₽15377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽4566
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
₽68008
₽66976
₽63702
₽71800
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
-
-
-
96 500
pensions

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

-
-
-
4 222
unemployment
-
-
-
114
income
-
-
-
14 475
health
-
-
-
3 280
total
-
-
-
22 091
Employee
14 177
-
90 904
-
health
652
-
1 312
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
pensions

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

1 245
-
2 505
-
income
1 417
-
9 090
-
total
3 470
-
13 221
-
Employer
14 177
-
90 904
-
health
979
-
1 968
-
pensions

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

1 562
-
3 143
-
accident

We are using the highest rate at 1.1%.

156
-
314
-
unemployment
85
-
171
-
total
2 782
-
5 596
-
Corporate
79 541
96 500
-
-
income
7 954
9 650
-
-
total
7 954
9 650
-
-
Dividends
71 587
86 850
-
-
withholding
3 579
4 343
-
-
total
3 579
4 343
-
-
Income
96 500
96 500
96 500
96 500
Total tax
17 785
13 993
18 817
22 091
After tax
78 715
82 507
77 683
74 409
Living cost
10 707
10 707
10 707
10 707
Free-cash
68 008
71 800
66 976
63 702

Estimated living cost  is ₽10707 per week

₽6251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽284
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.
₽3408
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
₽25517
₽30346
₽27205
₽20692
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
-
-
-
96 500
income
-
-
-
11 288
other
-
-
-
2 991
health
-
-
-
2 601
social contributions
-
-
-
2 750
pensions
-
-
-
21 721
surtax
-
-
-
-
total
-
-
-
41 351
Employee
34 956
-
77 320
-
pensions
3 952
-
4 239
-
income
2 063
-
12 593
-
social contributions
997
-
2 202
-
surtax
-
-
-
-
total
7 012
-
19 034
-
Employer
34 956
-
77 320
-
health
2 447
-
5 807
-
social contributions
105
-
232
-
pensions
5 742
-
7 339
-
unemployment
1 415
-
3 131
-
other
1 206
-
2 667
-
total
10 915
-
19 176
-
Corporate
50 628
96 500
-
-
income
14 176
27 020
-
-
surtax
-
-
-
-
total
14 176
27 020
-
-
Dividends
36 453
69 480
-
-
social contributions
6 271
11 950
-
-
surtax
-
-
-
-
withholding
4 665
8 894
-
-
total
10 936
20 844
-
-
Income
96 500
96 500
96 500
96 500
Total tax
43 039
47 864
38 210
41 351
After tax
53 461
48 636
58 290
55 149
Living cost
27 944
27 944
27 944
27 944
Free-cash
25 517
20 692
30 346
27 205

Estimated living cost  is ₽27944 per week

₽17620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7578
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
₽7853
₽17110
₽21036
₽12856
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
-
-
-
96 500
pensions
-
-
-
9 569
income
-
-
-
21 609
health
-
-
-
10 071
total
-
-
-
41 249
Employee
69 747
69 747
82 121
-
health
10 705
9 106
9 811
-
pensions
12 554
9 569
9 569
-
income

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

11 416
11 416
11 416
-
total
34 675
30 091
30 796
-
Employer
69 747
69 747
82 121
-
health
4 848
4 848
5 707
-
pensions
4 854
4 854
5 716
-
unemployment
2 511
2 511
2 956
-
total
12 213
12 213
14 379
-
Corporate
15 395
14 540
-
-
income
3 080
2 908
-
-
total
3 080
2 908
-
-
Dividends
12 315
11 632
-
-
income
2 616
2 472
-
-
withholding
1 848
1 745
-
-
total
4 464
4 217
-
-
Income
96 500
96 500
96 500
96 500
Total tax
54 432
49 429
45 175
41 249
After tax
42 068
47 071
51 325
55 251
Living cost
34 215
34 215
34 215
34 215
Free-cash
7 853
12 856
17 110
21 036

Estimated living cost  is ₽34215 per week

₽24247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
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.
₽6339
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
₽33043
₽40252
₽31035
₽24009
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.

-
-
-
96 500
trade
-
-
-
9 217
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.

-
-
-
24 577
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.

-
-
-
5 580
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.

-
-
-
1 352
total
-
-
-
40 726
Employee

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

31 239
-
96 500
-
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.

5 580
-
5 580
-
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.

873
-
24 577
-
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
-
1 352
-
total
6 501
-
31 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 261
96 500
-
-
income
9 789
14 475
-
-
trade
10 279
15 199
-
-
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.

538
797
-
-
chamber of commerce
219
262
-
-
total
20 825
30 733
-
-
Dividends
44 436
65 768
-
-
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.

594
887
-
-
withholding
10 798
16 132
-
-
total
11 392
17 019
-
-
Income
96 500
96 500
96 500
96 500
Total tax
38 718
47 752
31 509
40 726
After tax
57 782
48 748
64 991
55 774
Living cost
24 739
24 739
24 739
24 739
Free-cash
33 043
24 009
40 252
31 035

Estimated living cost  is ₽24739 per week

₽15561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2884
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.
₽5831
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
₽47198
₽47759
₽48811
₽51644
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
-
-
-
96 500
income
-
-
-
13 103
health
-
-
-
2 461
social contributions
-
-
-
13 215
total
-
-
-
28 779
Employee
62 804
62 804
87 844
-
health
487
1 068
1 493
-
income
6 838
5 814
12 652
-
social contributions
2 374
5 212
7 030
-
total
9 699
12 094
21 175
-
Employer
62 804
62 804
87 844
-
health
529
1 162
1 626
-
social contributions
2 374
5 212
7 030
-
total
2 903
6 374
8 656
-
Corporate
64 988
27 321
-
-
income
8 123
3 414
-
-
total
8 123
3 414
-
-
Dividends
56 864
23 907
-
-
withholding
9 667
4 064
-
-
total
9 667
4 064
-
-
Income
96 500
96 500
96 500
96 500
Total tax
30 392
25 946
29 831
28 779
After tax
66 108
70 554
66 669
67 721
Living cost
18 910
18 910
18 910
18 910
Free-cash
47 198
51 644
47 759
48 811

Estimated living cost  is ₽18910 per week

₽11333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
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.
₽5304
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
₽28450
₽21785
₽27639
₽29270
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.

-
-
-
96 500
income
-
-
-
9 708
social contributions

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

-
-
-
33 534
surtax
-
-
-
-
total
-
-
-
43 242
Employee
37 564
-
77 980
-
income
7 813
-
21 999
-
social contributions
4 132
-
8 577
-
surtax
-
-
-
-
total
11 945
-
30 576
-
Employer
37 564
-
77 980
-
social contributions
8 921
-
18 520
-
total
8 921
-
18 520
-
Corporate
50 015
96 500
-
-
income
10 502
20 265
-
-
surtax
-
-
-
-
total
10 502
20 265
-
-
Dividends
39 512
76 235
-
-
withholding
11 063
21 346
-
-
total
11 063
21 346
-
-
Income
96 500
96 500
96 500
96 500
Total tax
42 431
41 611
49 096
43 242
After tax
54 069
54 889
47 404
53 258
Living cost
25 619
25 619
25 619
25 619
Free-cash
28 450
29 270
21 785
27 639

Estimated living cost  is ₽25619 per week

₽19168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽4512
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
₽84442
₽71109
₽89444
₽85584
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%.

-
-
-
96 500
microenterprise

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

-
-
-
965
total
-
-
-
965
Employee
7 614
-
96 500
-
income
1 523
-
19 300
-
total
1 523
-
19 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 886
96 500
-
-
total
-
-
-
-
Dividends
88 886
96 500
-
-
withholding
4 444
4 825
-
-
total
4 444
4 825
-
-
Income
96 500
96 500
96 500
96 500
Total tax
5 967
4 825
19 300
965
After tax
90 533
91 675
77 200
95 535
Living cost
6 091
6 091
6 091
6 091
Free-cash
84 442
85 584
71 109
89 444

Estimated living cost  is ₽6091 per week

₽3775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1643
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
₽37701
₽24605
₽27372
₽44532
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.

-
-
-
96 500
pensions
-
-
-
17 623
unemployment
-
-
-
144
income
-
-
-
19 959
health
-
-
-
9 495
total
-
-
-
47 221
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.

36 117
-
83 499
-
health
2 333
-
5 394
-
unemployment
51
-
116
-
pensions
5 598
-
12 942
-
income
6 228
-
18 535
-
total
14 210
-
36 987
-
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.

36 117
-
83 499
-
health
2 405
-
5 561
-
pensions
3 196
-
7 390
-
unemployment
22
-
50
-
total
5 623
-
13 001
-
Corporate
54 760
96 500
-
-
income
10 405
18 336
-
-
total
10 405
18 336
-
-
Dividends
44 355
78 164
-
-
withholding
6 654
11 725
-
-
total
6 654
11 725
-
-
Income
96 500
96 500
96 500
96 500
Total tax
36 892
30 061
49 988
47 221
After tax
59 608
66 439
46 512
49 279
Living cost
21 907
21 907
21 907
21 907
Free-cash
37 701
44 532
24 605
27 372

Estimated living cost  is ₽21907 per week

₽15034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5045
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
₽31616
₽41455
₽38432
₽28762
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.

-
-
-
96 500
income
-
-
-
23 249
health

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

-
-
-
5 171
total
-
-
-
28 420
Employee
37 468
-
92 743
-
social contributions
3 754
-
3 757
-
income
4 065
-
17 883
-
total
7 819
-
21 640
-
Employer
37 468
-
92 743
-
social contributions
3 754
-
3 757
-
total
3 754
-
3 757
-
Corporate
55 279
96 500
-
-
income
19 348
33 775
-
-
total
19 348
33 775
-
-
Dividends
35 931
62 725
-
-
social contributions
4 315
4 315
-
-
total
4 315
4 315
-
-
Income
96 500
96 500
96 500
96 500
Total tax
35 236
38 090
25 397
28 420
After tax
61 264
58 410
71 103
68 080
Living cost
29 648
29 648
29 648
29 648
Free-cash
31 616
28 762
41 455
38 432

Estimated living cost  is ₽29648 per week

₽19529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7327
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
₽41977
₽44055
₽44653
₽41554
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
-
-
-
96 500
income
-
-
-
14 475
health
-
-
-
6 736
social contributions
-
-
-
13 317
total
-
-
-
34 528
Employee
27 693
-
96 500
-
health
1 933
-
6 736
-
income
4 619
-
15 073
-
social contributions
3 822
-
13 317
-
total
10 374
-
35 126
-
Employer
27 693
-
96 500
-
total
-
-
-
-
Corporate
68 807
96 500
-
-
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%.

3 441
4 825
-
-
total
3 441
4 825
-
-
Dividends
65 367
91 675
-
-
social contributions
9 021
12 651
-
-
withholding
9 805
13 751
-
-
health
4 563
6 400
-
-
total
23 389
32 802
-
-
Income
96 500
96 500
96 500
96 500
Total tax
37 204
37 627
35 126
34 528
After tax
59 296
58 873
61 374
61 972
Living cost
17 319
17 319
17 319
17 319
Free-cash
41 977
41 554
44 055
44 653

Estimated living cost  is ₽17319 per week

₽11590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
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.
₽4261
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
₽35554
₽26205
₽25591
₽43675
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
-
-
-
96 500
income
-
-
-
8 533
health
-
-
-
13 027
social contributions
-
-
-
26 584
solidarity contribution
-
-
-
-
total
-
-
-
48 144
Employee
33 479
-
72 015
-
health
4 520
-
9 722
-
solidarity contribution
-
-
-
-
income
4 017
-
8 642
-
social contributions
2 176
-
4 681
-
total
10 713
-
23 045
-
Employer
33 479
-
72 015
-
health
3 013
-
6 481
-
social contributions
8 370
-
18 004
-
total
11 383
-
24 485
-
Corporate
51 639
96 500
-
-
income
9 811
18 335
-
-
total
9 811
18 335
-
-
Dividends
41 827
78 165
-
-
withholding
6 274
11 725
-
-
total
6 274
11 725
-
-
Income
96 500
96 500
96 500
96 500
Total tax
38 181
30 060
47 530
48 144
After tax
58 319
66 440
48 970
48 356
Living cost
22 765
22 765
22 765
22 765
Free-cash
35 554
43 675
26 205
25 591

Estimated living cost  is ₽22765 per week

₽16930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽4181
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
₽80403
₽67708
₽86043
₽82183
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%.

-
-
-
96 500
microenterprise

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

-
-
-
965
total
-
-
-
965
Employee
11 865
-
96 500
-
income
2 373
-
19 300
-
total
2 373
-
19 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

84 635
96 500
-
-
total
-
-
-
-
Dividends
84 635
96 500
-
-
withholding
4 232
4 825
-
-
total
4 232
4 825
-
-
Income
96 500
96 500
96 500
96 500
Total tax
6 605
4 825
19 300
965
After tax
89 895
91 675
77 200
95 535
Living cost
9 492
9 492
9 492
9 492
Free-cash
80 403
82 183
67 708
86 043

Estimated living cost  is ₽9492 per week

₽6423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽398
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
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.
₽2352
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
₽14805
₽18842
₽15701
₽9188
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
-
-
-
96 500
income
-
-
-
11 288
other
-
-
-
2 991
health
-
-
-
2 601
social contributions
-
-
-
2 750
pensions
-
-
-
21 721
surtax
-
-
-
-
total
-
-
-
41 351
Employee
51 154
-
77 320
-
pensions
5 786
-
4 239
-
income
4 463
-
12 593
-
social contributions
1 457
-
2 202
-
surtax
-
-
-
-
total
11 706
-
19 034
-
Employer
51 154
-
77 320
-
health
3 580
-
5 807
-
social contributions
153
-
232
-
pensions
8 405
-
7 339
-
unemployment
2 072
-
3 131
-
other
1 765
-
2 667
-
total
15 975
-
19 176
-
Corporate
29 369
96 500
-
-
income
8 224
27 020
-
-
surtax
-
-
-
-
total
8 224
27 020
-
-
Dividends
21 145
69 480
-
-
social contributions
3 636
11 950
-
-
surtax
-
-
-
-
withholding
2 706
8 894
-
-
total
6 342
20 844
-
-
Income
96 500
96 500
96 500
96 500
Total tax
42 247
47 864
38 210
41 351
After tax
54 253
48 636
58 290
55 149
Living cost
39 448
39 448
39 448
39 448
Free-cash
14 805
9 188
18 842
15 701

Estimated living cost  is ₽39448 per week

₽26698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
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.
₽8982
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
₽51642
₽38963
₽38965
₽55646
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.

-
-
-
96 500
pensions
-
-
-
15 638
unemployment
-
-
-
902
income
-
-
-
20 725
health
-
-
-
6 195
total
-
-
-
43 460
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.

21 224
-
85 734
-
health
1 093
-
3 098
-
unemployment
159
-
451
-
pensions
2 971
-
8 421
-
income
2 926
-
20 725
-
total
7 149
-
32 695
-
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.

21 224
-
85 734
-
health
1 093
-
3 098
-
pensions
2 547
-
7 218
-
unemployment
159
-
451
-
total
3 799
-
10 767
-
Corporate
71 477
96 500
-
-
income
10 722
14 475
-
-
total
10 722
14 475
-
-
Dividends
60 755
82 025
-
-
withholding
9 113
12 304
-
-
total
9 113
12 304
-
-
Income
96 500
96 500
96 500
96 500
Total tax
30 783
26 779
43 462
43 460
After tax
65 717
69 721
53 038
53 040
Living cost
14 075
14 075
14 075
14 075
Free-cash
51 642
55 646
38 963
38 965

Estimated living cost  is ₽14075 per week

₽9477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
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.
₽3102
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
₽11650
₽17998
₽22731
-₽12640
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
-
-
-
96 500
pensions
-
-
-
8 879
city
-
-
-
1 018
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.

-
-
-
1 930
health
-
-
-
217
regional
-
-
-
3 960
national
-
-
-
998
total
-
-
-
17 002
Employee
66 432
-
86 373
-
health
150
-
194
-
unemployment
-
-
-
-
city
713
-
927
-
pensions
5 581
-
7 255
-
regional
2 175
-
3 399
-
national
314
-
783
-
total
8 933
-
12 558
-
Employer
66 432
-
86 373
-
health
150
-
194
-
pensions
5 581
-
7 255
-
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.

1 328
-
1 728
-
total
7 059
-
9 177
-
Corporate
22 277
96 500
-
-
regional
4 712
20 409
-
-
national
1 894
8 203
-
-
total
6 606
28 612
-
-
Dividends
15 671
67 888
-
-
withholding
5 485
23 761
-
-
total
5 485
23 761
-
-
Income
96 500
96 500
96 500
96 500
Total tax
28 083
52 373
21 735
17 002
After tax
68 417
44 127
74 765
79 498
Living cost
56 767
56 767
56 767
56 767
Free-cash
11 650
-12 640
17 998
22 731

Estimated living cost  is ₽56767 per week

₽36915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
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.
₽14061
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
₽31432
₽22275
₽35507
₽31673
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

-
-
-
96 500
municipal
-
-
-
17 164
health
-
-
-
1 145
national
-
-
-
11 327
total
-
-
-
29 636
Employee
42 971
-
81 182
-
health
321
-
910
-
unemployment
645
-
1 218
-
pensions
2 900
-
5 481
-
national
710
-
6 697
-
municipal
7 038
-
13 243
-
total
11 614
-
27 549
-
Employer
42 971
-
81 182
-
health
330
-
625
-
pensions
7 455
-
14 086
-
accident
43
-
81
-
unemployment
279
-
527
-
total
8 107
-
15 319
-
Corporate
45 422
96 500
-
-
income
9 084
19 300
-
-
total
9 084
19 300
-
-
Dividends

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

27 253
57 900
-
-
municipal
4 906
10 422
-
-
national
-
3 748
-
-
total
4 906
14 170
-
-
Income
96 500
96 500
96 500
96 500
Total tax
33 711
33 470
42 868
29 636
After tax
62 789
63 030
53 632
66 864
Living cost
31 357
31 357
31 357
31 357
Free-cash
31 432
31 673
22 275
35 507

Estimated living cost  is ₽31357 per week

₽20482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
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.
₽7361
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
₽12039
₽6839
₽13909
₽24287
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
-
-
-
96 500
communal

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

-
-
-
4 862
social contributions
-
-
-
15 458
national
-
-
-
32 491
total
-
-
-
52 811
Employee

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

58 422
-
74 742
-
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.

2 745
-
3 514
-
communal

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

3 047
-
3 898
-
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.

508
-
651
-
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.

4 382
-
5 606
-
national
17 961
-
24 455
-
total
28 643
-
38 124
-
Employer

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

58 422
-
74 742
-
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.

3 593
-
4 596
-
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.

5 177
-
6 623
-
surtax
6 624
-
8 475
-
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.

759
-
972
-
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.

852
-
1 091
-
total
17 005
-
21 757
-
Corporate
21 072
96 500
-
-
income
4 214
19 300
-
-
surtax
84
386
-
-
total
4 298
19 686
-
-
Dividends
16 774
76 814
-
-
withholding

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

4 735
22 747
-
-
total
4 735
22 747
-
-
Income
96 500
96 500
96 500
96 500
Total tax
54 681
42 433
59 881
52 811
After tax
41 819
54 067
36 619
43 689
Living cost
29 780
29 780
29 780
29 780
Free-cash
12 039
24 287
6 839
13 909

Estimated living cost  is ₽29780 per week

₽19182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
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.
₽7528
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
₽16663
₽16193
₽16544
₽17453
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
-
-
-
96 500
unemployment
-
-
-
77
municipal
-
-
-
22 105
other
-
-
-
8 974
health
-
-
-
4 819
national
-
-
-
243
accident
-
-
-
154
pensions
-
-
-
8 348
total
-
-
-
44 720
Employee
50 208
-
73 429
-
national
-
-
103
-
municipal
14 972
-
21 896
-
total
14 972
-
21 999
-
Employer
50 208
-
73 429
-
health
3 088
-
4 516
-
pensions
5 427
-
7 938
-
accident
100
-
147
-
unemployment
1 325
-
1 939
-
other
5 834
-
8 532
-
total
15 774
-
23 072
-
Corporate
30 516
96 500
-
-
income
6 714
21 230
-
-
total
6 714
21 230
-
-
Dividends
23 803
75 270
-
-
withholding
7 141
22 581
-
-
total
7 141
22 581
-
-
Income
96 500
96 500
96 500
96 500
Total tax
44 601
43 811
45 071
44 720
After tax
51 899
52 689
51 429
51 780
Living cost
35 236
35 236
35 236
35 236
Free-cash
16 663
17 453
16 193
16 544

Estimated living cost  is ₽35236 per week

₽23353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
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.
₽7890
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
-₽37628
₽45851
₽27874
₽19896
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
-
-
-
96 500
income
-
-
-
18 810
social contributions
-
-
-
11 001
total
-
-
-
29 811
Employee
55 654
-
-
-
income
12 276
-
-
-
social contributions
4 564
-
650
-
total
16 840
-
650
-
Employer
55 654
-
-
-
social contributions
78 473
-
11 184
-
total
78 473
-
11 184
-
Corporate
-
96 500
-
-
income
-
21 230
-
-
total
-
21 230
-
-
Dividends
-
75 270
-
-
income
-
16 559
-
-
total
-
16 559
-
-
Income
96 500
96 500
96 500
96 500
Total tax
95 313
37 789
11 834
29 811
After tax
1 187
58 711
84 666
66 689
Living cost
38 814
38 814
38 814
38 814
Free-cash
-37 628
19 896
45 851
27 874

Estimated living cost  is ₽38814 per week

₽25184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
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.
₽9485
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
₽40673
₽40178
₽41230
₽44063
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
-
-
-
96 500
income
-
-
-
13 103
health
-
-
-
2 461
social contributions
-
-
-
13 215
total
-
-
-
28 779
Employee
62 804
62 804
87 844
-
health
625
1 068
1 493
-
income
6 595
5 814
12 652
-
social contributions
3 052
5 212
7 030
-
total
10 272
12 094
21 175
-
Employer
62 804
62 804
87 844
-
health
680
1 162
1 626
-
social contributions
3 052
5 212
7 030
-
total
3 732
6 374
8 656
-
Corporate
56 005
27 321
-
-
income
7 001
3 414
-
-
total
7 001
3 414
-
-
Dividends
49 004
23 907
-
-
withholding
8 331
4 064
-
-
total
8 331
4 064
-
-
Income
96 500
96 500
96 500
96 500
Total tax
29 336
25 946
29 831
28 779
After tax
67 164
70 554
66 669
67 721
Living cost
26 491
26 491
26 491
26 491
Free-cash
40 673
44 063
40 178
41 230

Estimated living cost  is ₽26491 per week

₽18109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽5868
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
₽38765
₽29034
₽38001
₽38536
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
-
-
-
96 500
income
-
-
-
23 165
pensions
-
-
-
6 220
total
-
-
-
29 385
Employee
39 963
-
84 683
-
health
521
-
1 390
-
pensions
3 050
-
7 955
-
income
7 278
-
17 189
-
total
10 849
-
26 534
-
Employer
39 963
-
84 683
-
health
760
-
1 609
-
pensions
4 038
-
10 209
-
total
4 798
-
11 818
-
Corporate
51 740
96 500
-
-
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.

9 831
18 335
-
-
total
9 831
18 335
-
-
Dividends
41 909
78 165
-
-
withholding
3 143
10 515
-
-
total
3 143
10 515
-
-
Income
96 500
96 500
96 500
96 500
Total tax
28 621
28 850
38 352
29 385
After tax
67 879
67 650
58 148
67 115
Living cost
29 114
29 114
29 114
29 114
Free-cash
38 765
38 536
29 034
38 001

Estimated living cost  is ₽29114 per week

₽19972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
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.
₽6099
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
₽14577
₽10488
₽14900
₽18293
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
-
-
-
96 500
municipal
-
-
-
645
regional
-
-
-
2 064
social contributions
-
-
-
24 819
national
-
-
-
21 535
total
-
-
-
49 063
Employee
68 824
-
96 500
-
social contributions
23 207
-
32 539
-
regional
1 039
-
1 760
-
national
11 631
-
18 601
-
municipal
411
-
575
-
total
36 288
-
53 475
-
Employer
68 824
-
96 500
-
total
-
-
-
-
Corporate
27 676
96 500
-
-
nationa
6 641
23 161
-
-
municipal
1 334
4 651
-
-
total
7 975
27 812
-
-
Dividends
19 700
68 688
-
-
withholding
5 123
17 858
-
-
total
5 123
17 858
-
-
Income
96 500
96 500
96 500
96 500
Total tax
49 386
45 670
53 475
49 063
After tax
47 114
50 830
43 025
47 437
Living cost
32 537
32 537
32 537
32 537
Free-cash
14 577
18 293
10 488
14 900

Estimated living cost  is ₽32537 per week

₽22855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
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.
₽6951
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
₽5164
₽33649
₽48826
-₽9478
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
-
-
-
96 500
pensions
-
-
-
3 271
income
-
-
-
24 906
other
-
-
-
291
health
-
-
-
1 714
accident
-
-
-
198
total
-
-
-
30 380
Employee
27 204
-
84 364
-
health
3 115
-
9 660
-
pensions
3 063
-
5 997
-
income
3 732
-
17 764
-
total
9 910
-
33 421
-
Employer
27 204
-
84 364
-
pensions
4 424
-
8 660
-
accident
454
-
1 409
-
unemployment
666
-
2 067
-
total
5 544
-
12 136
-
Corporate
63 752
96 500
-
-
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.

57 377
86 850
-
-
total
57 377
86 850
-
-
Dividends
6 375
9 650
-
-
withholding
1 211
1 834
-
-
total
1 211
1 834
-
-
Income
96 500
96 500
96 500
96 500
Total tax
74 042
88 684
45 557
30 380
After tax
22 458
7 816
50 943
66 120
Living cost
17 294
17 294
17 294
17 294
Free-cash
5 164
-9 478
33 649
48 826

Estimated living cost  is ₽17294 per week

₽12675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽361
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.
₽3300
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
₽28896
₽33459
₽25060
₽18211
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.

-
-
-
96 500
trade
-
-
-
8 399
income

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

-
-
-
24 577
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.

-
-
-
5 580
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.

-
-
-
1 352
total
-
-
-
39 908
Employee

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

40 638
-
96 500
-
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.

5 580
-
5 580
-
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.

3 342
-
24 577
-
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.

184
-
1 352
-
total
9 106
-
31 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 862
96 500
-
-
income
8 379
14 475
-
-
trade
8 016
13 847
-
-
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.

460
797
-
-
chamber of commerce
206
265
-
-
total
17 061
29 384
-
-
Dividends
38 800
67 116
-
-
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.

516
905
-
-
withholding
9 389
16 468
-
-
total
9 905
17 373
-
-
Income
96 500
96 500
96 500
96 500
Total tax
36 072
46 757
31 509
39 908
After tax
60 428
49 743
64 991
56 592
Living cost
31 532
31 532
31 532
31 532
Free-cash
28 896
18 211
33 459
25 060

Estimated living cost  is ₽31532 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3393
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.
₽5930
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
₽53508
₽37231
₽34354
₽60208
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.

-
-
-
96 500
income
-
-
-
14 129
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.

-
-
-
31 025
surtax
-
-
-
-
total
-
-
-
45 154
Employee
23 866
-
77 766
-
income
4 248
-
14 989
-
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.

2 626
-
8 554
-
surtax
-
-
-
-
total
6 874
-
23 543
-
Employer
23 866
-
77 766
-
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.

5 749
-
18 734
-
surtax
-
-
-
-
total
5 749
-
18 734
-
Corporate
66 886
96 500
-
-
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%.

13 377
19 300
-
-
total
13 377
19 300
-
-
Dividends

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

53 508
77 200
-
-
total
-
-
-
-
Income
96 500
96 500
96 500
96 500
Total tax
26 000
19 300
42 277
45 154
After tax
70 500
77 200
54 223
51 346
Living cost
16 992
16 992
16 992
16 992
Free-cash
53 508
60 208
37 231
34 354

Estimated living cost  is ₽16992 per week

₽10840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
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.
₽4148
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
₽48529
₽46078
₽46792
₽50178
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
-
-
-
96 500
income
-
-
-
27 039
health
-
-
-
5 309
pensions
-
-
-
7 322
total
-
-
-
39 670
Employee
15 289
-
88 263
-
health
764
-
1 831
-
unemployment
153
-
366
-
pensions
1 376
-
3 295
-
income
2 958
-
26 655
-
total
5 251
-
32 147
-
Employer
15 289
-
88 263
-
health
1 453
-
3 478
-
pensions
1 682
-
4 027
-
unemployment
306
-
732
-
total
3 441
-
8 237
-
Corporate
77 770
96 500
-
-
income
17 109
21 230
-
-
total
17 109
21 230
-
-
Dividends
60 661
75 270
-
-
withholding
12 132
15 054
-
-
total
12 132
15 054
-
-
Income
96 500
96 500
96 500
96 500
Total tax
37 933
36 284
40 384
39 670
After tax
58 567
60 216
56 116
56 830
Living cost
10 038
10 038
10 038
10 038
Free-cash
48 529
50 178
46 078
46 792

Estimated living cost  is ₽10038 per week

₽5965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽230
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.
₽3029
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
₽39755
₽27459
₽29046
₽42353
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
-
-
-
96 500
pensions
-
-
-
19 300
unemployment
-
-
-
186
income
-
-
-
20 104
other
-
-
-
-
health
-
-
-
6 852
surtax
-
-
-
2 667
total
-
-
-
49 109
Employee
27 505
-
79 719
-
health
702
-
2 034
-
unemployment
1 914
-
5 549
-
pensions
1 835
-
5 318
-
income
4 611
-
18 599
-
other
-
-
-
-
surtax
98
-
2 416
-
total
9 160
-
33 916
-
Employer
27 505
-
79 719
-
health
1 251
-
3 628
-
pensions
3 667
-
10 626
-
unemployment
873
-
2 526
-
other
-
-
-
-
total
5 791
-
16 780
-
Corporate
63 204
96 500
-
-
income
16 432
25 090
-
-
total
16 432
25 090
-
-
Dividends
46 772
71 410
-
-
withholding
7 017
10 712
-
-
total
7 017
10 712
-
-
Income
96 500
96 500
96 500
96 500
Total tax
38 400
35 802
50 696
49 109
After tax
58 100
60 698
45 804
47 391
Living cost
18 345
18 345
18 345
18 345
Free-cash
39 755
42 353
27 459
29 046

Estimated living cost  is ₽18345 per week

₽11076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
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.
₽5250
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
₽27474
₽1346
₽21915
₽27877
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
-
-
-
96 500
pensions
-
-
-
17 652
chamber of commerce
-
-
-
386
unemployment
-