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
₽ 98500
per

Your estimated
City
free-cash

Valencia , Spain
₽40661
₽29401
₽33168
₽44582
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
-
-
-
98 500
unemployment
-
-
-
509
income
-
-
-
21 989
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
43 781
Employee
28 978
-
75 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
19 776
-
other
28
-
73
-
total
7 426
-
24 390
-
Employer
28 978
-
75 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
60 283
98 500
-
-
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.

9 042
14 776
-
-
total
9 042
14 776
-
-
Dividends
51 241
83 724
-
-
withholding
10 582
17 591
-
-
total
10 582
17 591
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 288
32 367
47 548
43 781
After tax
62 212
66 133
50 952
54 719
Living cost
21 551
21 551
21 551
21 551
Free-cash
40 661
44 582
29 401
33 168

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽46191
₽35890
₽31818
₽51485
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
-
-
-
98 500
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.

-
-
-
23 640
income
-
-
-
13 146
other
-
-
-
4 679
health
-
-
-
4 334
total
-
-
-
45 799
Employee
28 456
-
78 674
-
health
399
-
1 102
-
unemployment
284
-
787
-
pensions

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

1 991
-
5 507
-
income
4 899
-
14 504
-
total
7 573
-
21 900
-
Employer
28 456
-
78 674
-
health
399
-
1 102
-
pensions

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

4 838
-
13 375
-
accident
228
-
629
-
unemployment
284
-
787
-
other
1 423
-
3 934
-
total
7 172
-
19 827
-
Corporate
62 873
98 500
-
-
income
13 204
20 684
-
-
total
13 204
20 684
-
-
Dividends
49 669
77 816
-
-
withholding
3 477
5 448
-
-
total
3 477
5 448
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 426
26 132
41 727
45 799
After tax
67 074
72 368
56 773
52 701
Living cost
20 883
20 883
20 883
20 883
Free-cash
46 191
51 485
35 890
31 818

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽70306
₽69586
₽66148
₽73946
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
-
-
-
98 500
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
14 775
health
-
-
-
3 147
total
-
-
-
22 081
Employee
13 600
-
93 132
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
9 313
-
total
3 330
-
13 276
-
Employer
13 600
-
93 132
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
82 232
98 500
-
-
income
8 223
9 850
-
-
total
8 223
9 850
-
-
Dividends
74 009
88 650
-
-
withholding
3 701
4 433
-
-
total
3 701
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
17 923
14 283
18 644
22 081
After tax
80 577
84 217
79 856
76 419
Living cost
10 270
10 270
10 270
10 270
Free-cash
70 306
73 946
69 586
66 148

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽27460
₽31730
₽29336
₽22831
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
-
-
-
98 500
income
-
-
-
12 228
other
-
-
-
3 053
health
-
-
-
2 931
social contributions
-
-
-
2 806
pensions
-
-
-
21 333
surtax
-
-
-
-
total
-
-
-
42 351
Employee
33 541
-
78 494
-
pensions
3 792
-
4 502
-
income
1 980
-
13 212
-
social contributions
956
-
2 237
-
surtax
-
-
-
-
total
6 728
-
19 951
-
Employer
33 541
-
78 494
-
health
2 348
-
6 131
-
social contributions
101
-
235
-
pensions
5 510
-
7 752
-
unemployment
1 358
-
3 180
-
other
1 157
-
2 708
-
total
10 474
-
20 006
-
Corporate
54 484
98 500
-
-
income
15 256
27 581
-
-
surtax
-
-
-
-
total
15 256
27 581
-
-
Dividends
39 228
70 919
-
-
social contributions
6 748
12 197
-
-
surtax
-
-
-
-
withholding
5 021
9 078
-
-
total
11 769
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 227
48 856
39 957
42 351
After tax
54 273
49 644
58 543
56 149
Living cost
26 813
26 813
26 813
26 813
Free-cash
27 460
22 831
31 730
29 336

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽10545
₽21303
₽23838
₽15346
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
-
-
-
98 500
pensions
-
-
-
9 182
income
-
-
-
22 985
health
-
-
-
9 664
total
-
-
-
41 831
Employee
66 925
66 925
83 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
10 955
-
total
33 274
28 874
29 801
-
Employer
66 925
66 925
83 936
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
20 676
19 855
-
-
income
4 136
3 971
-
-
total
4 136
3 971
-
-
Dividends
16 540
15 884
-
-
income
3 514
3 376
-
-
withholding
2 481
2 383
-
-
total
5 995
5 759
-
-
Income
98 500
98 500
98 500
98 500
Total tax
55 124
50 323
44 366
41 831
After tax
43 376
48 177
54 134
56 669
Living cost
32 831
32 831
32 831
32 831
Free-cash
10 545
15 346
21 303
23 838

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽34677
₽41912
₽32136
₽26007
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.

-
-
-
98 500
trade
-
-
-
9 776
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.

-
-
-
26 062
health

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

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

-
-
-
5 354
surtax

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

-
-
-
1 434
total
-
-
-
42 626
Employee

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

29 975
-
98 500
-
health

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

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

5 354
-
5 354
-
income

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

837
-
26 062
-
surtax

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

46
-
1 434
-
total
6 237
-
32 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 525
98 500
-
-
income
10 278
14 776
-
-
trade
10 793
15 513
-
-
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.

565
812
-
-
chamber of commerce
217
260
-
-
total
21 853
31 361
-
-
Dividends
46 671
67 139
-
-
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.

625
907
-
-
withholding
11 370
16 487
-
-
total
11 995
17 394
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 085
48 755
32 850
42 626
After tax
58 415
49 745
65 650
55 874
Living cost
23 738
23 738
23 738
23 738
Free-cash
34 677
26 007
41 912
32 136

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽49576
₽49815
₽50863
₽53838
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
-
-
-
98 500
income
-
-
-
14 300
health
-
-
-
2 512
social contributions
-
-
-
12 680
total
-
-
-
29 492
Employee
60 263
60 263
90 087
-
health
467
1 025
1 532
-
income
6 562
5 579
13 849
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
22 127
-
Employer
60 263
60 263
90 087
-
health
507
1 115
1 667
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
8 413
-
Corporate
68 262
32 120
-
-
income
8 532
4 016
-
-
total
8 532
4 016
-
-
Dividends
59 730
28 104
-
-
withholding
10 155
4 778
-
-
total
10 155
4 778
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 779
26 517
30 540
29 492
After tax
67 721
71 983
67 960
69 008
Living cost
18 145
18 145
18 145
18 145
Free-cash
49 576
53 838
49 815
50 863

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽30656
₽23240
₽29494
₽31446
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.

-
-
-
98 500
income
-
-
-
10 195
social contributions

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

-
-
-
34 229
surtax
-
-
-
-
total
-
-
-
44 424
Employee
36 044
-
79 596
-
income
7 497
-
23 019
-
social contributions
3 965
-
8 755
-
surtax
-
-
-
-
total
11 462
-
31 774
-
Employer
36 044
-
79 596
-
social contributions
8 560
-
18 904
-
total
8 560
-
18 904
-
Corporate
53 895
98 500
-
-
income
11 318
20 684
-
-
surtax
-
-
-
-
total
11 318
20 684
-
-
Dividends
42 577
77 816
-
-
withholding
11 922
21 788
-
-
total
11 922
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 262
42 472
50 678
44 424
After tax
55 238
56 028
47 822
54 076
Living cost
24 582
24 582
24 582
24 582
Free-cash
30 656
31 446
23 240
29 494

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽86363
₽72726
₽91441
₽87501
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%.

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
7 592
-
98 500
-
income
1 518
-
19 700
-
total
1 518
-
19 700
-
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%.

90 908
98 500
-
-
total
-
-
-
-
Dividends
90 908
98 500
-
-
withholding
4 545
4 925
-
-
total
4 545
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 063
4 925
19 700
985
After tax
92 437
93 575
78 800
97 515
Living cost
6 074
6 074
6 074
6 074
Free-cash
86 363
87 501
72 726
91 441

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽40241
₽26235
₽29059
₽46796
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.

-
-
-
98 500
pensions
-
-
-
17 988
unemployment
-
-
-
147
income
-
-
-
20 593
health
-
-
-
9 692
total
-
-
-
48 420
Employee

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

34 656
-
85 231
-
health
2 238
-
5 506
-
unemployment
49
-
119
-
pensions
5 372
-
13 211
-
income
5 976
-
19 139
-
total
13 635
-
37 975
-
Employer

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

34 656
-
85 231
-
health
2 308
-
5 675
-
pensions
3 067
-
7 543
-
unemployment
21
-
51
-
total
5 396
-
13 269
-
Corporate
58 449
98 500
-
-
income
11 105
18 715
-
-
total
11 105
18 715
-
-
Dividends
47 344
79 785
-
-
withholding
7 102
11 968
-
-
total
7 102
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 238
30 683
51 244
48 420
After tax
61 262
67 817
47 256
50 080
Living cost
21 021
21 021
21 021
21 021
Free-cash
40 241
46 796
26 235
29 059

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽34175
₽43999
₽42788
₽31436
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.

-
-
-
98 500
income
-
-
-
22 308
health

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

-
-
-
4 955
total
-
-
-
27 263
Employee
35 952
-
94 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
18 842
-
total
7 503
-
22 447
-
Employer
35 952
-
94 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
58 946
98 500
-
-
income
20 631
34 475
-
-
total
20 631
34 475
-
-
Dividends
38 315
64 025
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 876
38 615
26 052
27 263
After tax
62 624
59 885
72 448
71 237
Living cost
28 449
28 449
28 449
28 449
Free-cash
34 175
31 436
43 999
42 788

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽43882
₽45770
₽46638
₽43474
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
-
-
-
98 500
income
-
-
-
14 776
health
-
-
-
6 875
social contributions
-
-
-
13 593
total
-
-
-
35 244
Employee
26 572
-
98 500
-
health
1 855
-
6 875
-
income
4 432
-
15 644
-
social contributions
3 668
-
13 593
-
total
9 955
-
36 112
-
Employer
26 572
-
98 500
-
total
-
-
-
-
Corporate
71 928
98 500
-
-
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%.

3 596
4 926
-
-
total
3 596
4 926
-
-
Dividends
68 332
93 574
-
-
social contributions
9 429
12 914
-
-
withholding
10 250
14 036
-
-
health
4 770
6 532
-
-
total
24 449
33 482
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 000
38 408
36 112
35 244
After tax
60 500
60 092
62 388
63 256
Living cost
16 618
16 618
16 618
16 618
Free-cash
43 882
43 474
45 770
46 638

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽38056
₽28048
₽28711
₽45880
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
-
-
-
98 500
income
-
-
-
8 938
health
-
-
-
13 297
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
-
total
-
-
-
47 852
Employee
32 261
-
73 507
-
health
4 355
-
9 923
-
solidarity contribution
-
-
-
-
income
3 871
-
8 821
-
social contributions
2 097
-
4 778
-
total
10 323
-
23 522
-
Employer
32 261
-
73 507
-
health
2 903
-
6 616
-
social contributions
8 065
-
18 377
-
total
10 968
-
24 993
-
Corporate
55 271
98 500
-
-
income
10 501
18 715
-
-
total
10 501
18 715
-
-
Dividends
44 769
79 785
-
-
withholding
6 715
11 968
-
-
total
6 715
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 507
30 683
48 515
47 852
After tax
59 993
67 817
49 985
50 648
Living cost
21 937
21 937
21 937
21 937
Free-cash
38 056
45 880
28 048
28 711

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽82336
₽69335
₽88050
₽84110
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%.

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
11 832
-
98 500
-
income
2 366
-
19 700
-
total
2 366
-
19 700
-
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%.

86 668
98 500
-
-
total
-
-
-
-
Dividends
86 668
98 500
-
-
withholding
4 333
4 925
-
-
total
4 333
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 699
4 925
19 700
985
After tax
91 801
93 575
78 800
97 515
Living cost
9 465
9 465
9 465
9 465
Free-cash
82 336
84 110
69 335
88 050

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽17179
₽20691
₽18297
₽11792
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
-
-
-
98 500
income
-
-
-
12 228
other
-
-
-
3 053
health
-
-
-
2 931
social contributions
-
-
-
2 806
pensions
-
-
-
21 333
surtax
-
-
-
-
total
-
-
-
42 351
Employee
49 085
-
78 494
-
pensions
5 552
-
4 502
-
income
4 283
-
13 212
-
social contributions
1 398
-
2 237
-
surtax
-
-
-
-
total
11 233
-
19 951
-
Employer
49 085
-
78 494
-
health
3 435
-
6 131
-
social contributions
147
-
235
-
pensions
8 065
-
7 752
-
unemployment
1 988
-
3 180
-
other
1 694
-
2 708
-
total
15 329
-
20 006
-
Corporate
34 085
98 500
-
-
income
9 544
27 581
-
-
surtax
-
-
-
-
total
9 544
27 581
-
-
Dividends
24 541
70 919
-
-
social contributions
4 222
12 197
-
-
surtax
-
-
-
-
withholding
3 141
9 078
-
-
total
7 363
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 469
48 856
39 957
42 351
After tax
55 031
49 644
58 543
56 149
Living cost
37 852
37 852
37 852
37 852
Free-cash
17 179
11 792
20 691
18 297

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽53809
₽41800
₽41800
₽57654
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.

-
-
-
98 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
21 361
health
-
-
-
5 948
total
-
-
-
43 188
Employee

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

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

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

20 376
-
88 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
21 361
-
total
6 864
-
32 852
-
Employer

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

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

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

20 376
-
88 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
74 477
98 500
-
-
income
11 172
14 775
-
-
total
11 172
14 775
-
-
Dividends
63 306
83 725
-
-
withholding
9 496
12 559
-
-
total
9 496
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 179
27 334
43 188
43 188
After tax
67 321
71 166
55 312
55 312
Living cost
13 512
13 512
13 512
13 512
Free-cash
53 809
57 654
41 800
41 800

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽14553
₽22711
₽27495
-₽8247
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
-
-
-
98 500
pensions
-
-
-
9 063
city
-
-
-
1 039
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.

-
-
-
1 969
health
-
-
-
222
regional
-
-
-
4 278
national
-
-
-
1 145
total
-
-
-
17 716
Employee
62 361
-
88 163
-
health
141
-
198
-
unemployment
-
-
-
-
city
669
-
947
-
pensions
5 239
-
7 406
-
regional
2 042
-
3 665
-
national
295
-
917
-
total
8 386
-
13 133
-
Employer
62 361
-
88 163
-
health
141
-
198
-
pensions
5 239
-
7 406
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 247
-
1 763
-
total
6 627
-
9 367
-
Corporate
28 826
98 500
-
-
regional
6 097
20 832
-
-
national
2 450
8 372
-
-
total
8 547
29 204
-
-
Dividends
20 279
69 296
-
-
withholding
7 098
24 254
-
-
total
7 098
24 254
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 658
53 458
22 500
17 716
After tax
67 842
45 042
76 000
80 784
Living cost
53 289
53 289
53 289
53 289
Free-cash
14 553
-8 247
22 711
27 495

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₽34031
₽24097
₽37603
₽33866
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

-
-
-
98 500
municipal
-
-
-
17 515
health
-
-
-
1 190
national
-
-
-
12 103
total
-
-
-
30 808
Employee
41 232
-
82 863
-
health
308
-
949
-
unemployment
619
-
1 243
-
pensions
2 783
-
5 593
-
national
681
-
7 379
-
municipal
6 754
-
13 514
-
total
11 145
-
28 678
-
Employer
41 232
-
82 863
-
health
317
-
638
-
pensions
7 154
-
14 377
-
accident
42
-
83
-
unemployment
268
-
538
-
total
7 781
-
15 636
-
Corporate
49 488
98 500
-
-
income
9 898
19 700
-
-
total
9 898
19 700
-
-
Dividends

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

29 693
59 100
-
-
municipal
5 345
10 638
-
-
national
211
4 207
-
-
total
5 556
14 845
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 380
34 545
44 314
30 808
After tax
64 120
63 955
54 186
67 692
Living cost
30 089
30 089
30 089
30 089
Free-cash
34 031
33 866
24 097
37 603

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽14841
₽8311
₽15576
₽26595
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
-
-
-
98 500
communal

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

-
-
-
4 970
social contributions
-
-
-
15 668
national
-
-
-
33 711
total
-
-
-
54 349
Employee

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

56 059
-
76 291
-
health

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

2 634
-
3 586
-
communal

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

2 924
-
3 980
-
unemployment

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

488
-
663
-
pensions

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

4 204
-
5 721
-
national
17 235
-
25 455
-
total
27 485
-
39 405
-
Employer

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

56 059
-
76 291
-
health

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

3 447
-
4 691
-
pensions

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

4 967
-
6 759
-
surtax
6 356
-
8 653
-
accident

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

729
-
992
-
unemployment

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

818
-
1 114
-
total
16 317
-
22 209
-
Corporate
26 123
98 500
-
-
income
5 225
19 700
-
-
surtax
104
394
-
-
total
5 329
20 094
-
-
Dividends
20 794
78 406
-
-
withholding

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

5 953
23 236
-
-
total
5 953
23 236
-
-
Income
98 500
98 500
98 500
98 500
Total tax
55 084
43 330
61 614
54 349
After tax
43 416
55 170
36 886
44 151
Living cost
28 575
28 575
28 575
28 575
Free-cash
14 841
26 595
8 311
15 576

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽19005
₽17740
₽18656
₽19768
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
-
-
-
98 500
unemployment
-
-
-
75
municipal
-
-
-
22 933
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
1 304
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
45 832
Employee
48 465
-
75 078
-
national
-
-
939
-
municipal
14 452
-
22 388
-
total
14 452
-
23 327
-
Employer
48 465
-
75 078
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
34 808
98 500
-
-
income
7 658
21 670
-
-
total
7 658
21 670
-
-
Dividends
27 150
76 830
-
-
withholding
8 145
23 049
-
-
total
8 145
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 483
44 719
46 748
45 832
After tax
53 017
53 781
51 752
52 668
Living cost
34 012
34 012
34 012
34 012
Free-cash
19 005
19 768
17 740
18 656

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
-₽32388
₽49074
₽30194
₽22050
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
-
-
-
98 500
income
-
-
-
19 200
social contributions
-
-
-
11 229
total
-
-
-
30 429
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
-
98 500
-
-
income
-
21 670
-
-
total
-
21 670
-
-
Dividends
-
76 830
-
-
income
-
16 903
-
-
total
-
16 903
-
-
Income
98 500
98 500
98 500
98 500
Total tax
93 011
38 573
11 549
30 429
After tax
5 489
59 927
86 951
68 071
Living cost
37 877
37 877
37 877
37 877
Free-cash
-32 388
22 050
49 074
30 194

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽43319
₽42541
₽43589
₽46564
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
-
-
-
98 500
income
-
-
-
14 300
health
-
-
-
2 512
social contributions
-
-
-
12 680
total
-
-
-
29 492
Employee
60 263
60 263
90 087
-
health
599
1 025
1 532
-
income
6 328
5 579
13 849
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
22 127
-
Employer
60 263
60 263
90 087
-
health
653
1 115
1 667
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
8 413
-
Corporate
59 643
32 120
-
-
income
7 455
4 016
-
-
total
7 455
4 016
-
-
Dividends
52 188
28 104
-
-
withholding
8 871
4 778
-
-
total
8 871
4 778
-
-
Income
98 500
98 500
98 500
98 500
Total tax
29 762
26 517
30 540
29 492
After tax
68 738
71 983
67 960
69 008
Living cost
25 419
25 419
25 419
25 419
Free-cash
43 319
46 564
42 541
43 589

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽41391
₽30696
₽39806
₽40107
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
-
-
-
98 500
income
-
-
-
24 442
pensions
-
-
-
6 116
total
-
-
-
30 558
Employee
38 621
-
86 369
-
health
504
-
1 388
-
pensions
2 948
-
7 779
-
income
7 033
-
18 369
-
total
10 485
-
27 536
-
Employer
38 621
-
86 369
-
health
734
-
1 642
-
pensions
3 902
-
10 490
-
total
4 636
-
12 132
-
Corporate
55 243
98 500
-
-
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.

10 496
18 716
-
-
total
10 496
18 716
-
-
Dividends
44 747
79 784
-
-
withholding
3 356
11 541
-
-
total
3 356
11 541
-
-
Income
98 500
98 500
98 500
98 500
Total tax
28 973
30 257
39 668
30 558
After tax
69 527
68 243
58 832
67 942
Living cost
28 136
28 136
28 136
28 136
Free-cash
41 391
40 107
30 696
39 806

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽17098
₽12300
₽16803
₽20663
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
-
-
-
98 500
municipal
-
-
-
659
regional
-
-
-
2 153
social contributions
-
-
-
25 333
national
-
-
-
22 331
total
-
-
-
50 476
Employee
66 040
-
98 500
-
social contributions
22 268
-
33 214
-
regional
997
-
1 843
-
national
11 160
-
19 335
-
municipal
394
-
587
-
total
34 819
-
54 979
-
Employer
66 040
-
98 500
-
total
-
-
-
-
Corporate
32 460
98 500
-
-
nationa
7 790
23 640
-
-
municipal
1 565
4 747
-
-
total
9 355
28 387
-
-
Dividends
23 105
70 113
-
-
withholding
6 007
18 229
-
-
total
6 007
18 229
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 181
46 616
54 979
50 476
After tax
48 319
51 884
43 521
48 024
Living cost
31 221
31 221
31 221
31 221
Free-cash
17 098
20 663
12 300
16 803

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽5410
₽35520
₽50726
-₽8759
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
-
-
-
98 500
pensions
-
-
-
3 165
income
-
-
-
25 739
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
31 037
Employee
26 328
-
86 553
-
health
3 015
-
9 910
-
pensions
2 965
-
5 804
-
income
3 612
-
18 582
-
total
9 592
-
34 296
-
Employer
26 328
-
86 553
-
pensions
4 281
-
8 381
-
accident
440
-
1 446
-
unemployment
645
-
2 120
-
total
5 366
-
11 947
-
Corporate
66 807
98 500
-
-
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.

60 126
88 650
-
-
total
60 126
88 650
-
-
Dividends
6 681
9 850
-
-
withholding
1 269
1 872
-
-
total
1 269
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
76 353
90 522
46 243
31 037
After tax
22 147
7 978
52 257
67 463
Living cost
16 737
16 737
16 737
16 737
Free-cash
5 410
-8 759
35 520
50 726

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽30753
₽35393
₽26487
₽20501
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.

-
-
-
98 500
trade
-
-
-
8 906
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.

-
-
-
26 062
health

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

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

-
-
-
5 354
surtax

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

-
-
-
1 434
total
-
-
-
41 756
Employee

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

38 994
-
98 500
-
health

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

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

5 354
-
5 354
-
income

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

3 206
-
26 062
-
surtax

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

177
-
1 434
-
total
8 737
-
32 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 506
98 500
-
-
income
8 926
14 776
-
-
trade
8 540
14 135
-
-
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.

491
812
-
-
chamber of commerce
207
263
-
-
total
18 164
29 986
-
-
Dividends
41 342
68 514
-
-
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.

552
925
-
-
withholding
10 037
16 831
-
-
total
10 589
17 756
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 490
47 742
32 850
41 756
After tax
61 010
50 758
65 650
56 744
Living cost
30 257
30 257
30 257
30 257
Free-cash
30 753
20 501
35 393
26 487

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽56068
₽38988
₽12195
₽62496
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.

-
-
-
98 500
income
-
-
-
14 856
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.

-
-
-
30 027
surtax
-
-
-
25 118
total
-
-
-
70 001
Employee
22 900
-
79 377
-
income
4 076
-
15 355
-
social contributions

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

2 519
-
8 732
-
surtax
-
-
-
-
total
6 595
-
24 087
-
Employer
22 900
-
79 377
-
social contributions

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

5 516
-
19 121
-
surtax
-
-
-
-
total
5 516
-
19 121
-
Corporate
70 084
98 500
-
-
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%.

14 017
19 700
-
-
total
14 017
19 700
-
-
Dividends

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

56 066
78 800
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
26 128
19 700
43 208
70 001
After tax
72 372
78 800
55 292
28 499
Living cost
16 304
16 304
16 304
16 304
Free-cash
56 068
62 496
38 988
12 195

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽50120
₽47867
₽48561
₽51721
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
-
-
-
98 500
income
-
-
-
27 937
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
40 196
Employee
14 840
-
90 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
27 564
-
total
5 097
-
32 894
-
Employer
14 840
-
90 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
80 321
98 500
-
-
income
17 671
21 670
-
-
total
17 671
21 670
-
-
Dividends
62 651
76 830
-
-
withholding
12 530
15 366
-
-
total
12 530
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 637
37 036
40 890
40 196
After tax
59 863
61 464
57 610
58 304
Living cost
9 743
9 743
9 743
9 743
Free-cash
50 120
51 721
47 867
48 561

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽41859
₽28290
₽29917
₽44353
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
-
-
-
98 500
pensions
-
-
-
19 700
unemployment
-
-
-
178
income
-
-
-
21 227
other
-
-
-
-
health
-
-
-
6 993
surtax
-
-
-
2 882
total
-
-
-
50 980
Employee
26 392
-
81 372
-
health
674
-
2 075
-
unemployment
1 837
-
5 663
-
pensions
1 761
-
5 427
-
income
4 425
-
19 688
-
other
-
-
-
-
surtax
94
-
2 626
-
total
8 791
-
35 479
-
Employer
26 392
-
81 372
-
health
1 200
-
3 703
-
pensions
3 519
-
10 846
-
unemployment
837
-
2 579
-
other
-
-
-
-
total
5 556
-
17 128
-
Corporate
66 551
98 500
-
-
income
17 304
25 610
-
-
total
17 304
25 610
-
-
Dividends
49 247
72 890
-
-
withholding
7 387
10 934
-
-
total
7 387
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 038
36 544
52 607
50 980
After tax
59 462
61 956
45 893
47 520
Living cost
17 603
17 603
17 603
17 603
Free-cash
41 859
44 353
28 290
29 917

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽29569
₽2316
₽24429
₽29958
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
-
-
-
98 500
pensions
-
-
-
16 938
chamber of commerce
-
-
-
394
unemployment
-