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
₽ 187000
per

Your estimated
City
free-cash

Valencia , Spain
₽98913
₽79426
₽82732
₽102393
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
-
-
-
187 000
unemployment
-
-
-
512
income
-
-
-
60 679
other
-
-
-
73
accident
-
-
-
658
pensions
-
-
-
20 673
total
-
-
-
82 595
Employee
29 143
-
163 711
-
unemployment
452
-
1 132
-
pensions
1 370
-
3 434
-
income
5 619
-
57 973
-
other
28
-
73
-
total
7 469
-
62 612
-
Employer
29 143
-
163 711
-
pensions
6 877
-
17 241
-
accident
577
-
1 446
-
unemployment
1 603
-
4 017
-
other
233
-
585
-
total
9 290
-
23 289
-
Corporate
148 566
187 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

22 286
28 050
-
-
total
22 286
28 050
-
-
Dividends
126 280
158 950
-
-
withholding
27 369
34 884
-
-
total
27 369
34 884
-
-
Income
187 000
187 000
187 000
187 000
Total tax
66 414
62 934
85 901
82 595
After tax
120 586
124 066
101 099
104 405
Living cost
21 673
21 673
21 673
21 673
Free-cash
98 913
102 393
79 426
82 732

Estimated living cost  is ₽21673 per week

₽14629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2083
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.
₽4581
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
₽111065
₽91263
₽92785
₽116387
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
-
-
-
187 000
pensions

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

-
-
-
28 765
income
-
-
-
33 482
other
-
-
-
5 693
health
-
-
-
5 274
total
-
-
-
73 214
Employee
28 617
-
156 505
-
health
401
-
1 678
-
unemployment
286
-
1 198
-
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.

2 003
-
8 389
-
income
4 927
-
32 975
-
total
7 617
-
44 240
-
Employer
28 617
-
156 505
-
health
401
-
1 678
-
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.

4 865
-
20 376
-
accident
229
-
1 252
-
unemployment
286
-
1 198
-
other
1 431
-
5 992
-
total
7 212
-
30 496
-
Corporate
151 171
187 000
-
-
income
31 746
39 271
-
-
total
31 746
39 271
-
-
Dividends
119 425
147 729
-
-
withholding
8 359
10 341
-
-
total
8 359
10 341
-
-
Income
187 000
187 000
187 000
187 000
Total tax
54 934
49 612
74 736
73 214
After tax
132 066
137 388
112 264
113 786
Living cost
21 001
21 001
21 001
21 001
Free-cash
111 065
116 387
91 263
92 785

Estimated living cost  is ₽21001 per week

₽14839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
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.
₽4406
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
₽145862
₽149081
₽141231
₽149531
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
-
-
-
187 000
pensions

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

-
-
-
4 083
unemployment
-
-
-
110
income
-
-
-
28 050
health
-
-
-
3 172
total
-
-
-
35 415
Employee
13 710
-
181 588
-
health
631
-
1 269
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
pensions

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

1 204
-
2 422
-
income
1 371
-
18 159
-
total
3 357
-
22 153
-
Employer
13 710
-
181 588
-
health
946
-
1 903
-
pensions

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

1 511
-
3 040
-
accident

We are using the highest rate at 1.1%.

151
-
303
-
unemployment
82
-
166
-
total
2 690
-
5 412
-
Corporate
170 600
187 000
-
-
income
17 060
18 700
-
-
total
17 060
18 700
-
-
Dividends
153 540
168 300
-
-
withholding
7 677
8 415
-
-
total
7 677
8 415
-
-
Income
187 000
187 000
187 000
187 000
Total tax
30 784
27 115
27 565
35 415
After tax
156 216
159 885
159 435
151 585
Living cost
10 354
10 354
10 354
10 354
Free-cash
145 862
149 531
149 081
141 231

Estimated living cost  is ₽10354 per week

₽6045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽274
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.
₽3296
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
₽71936
₽68431
₽74523
₽67282
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
-
-
-
187 000
income
-
-
-
36 222
other
-
-
-
5 797
health
-
-
-
9 411
social contributions
-
-
-
5 328
pensions
-
-
-
28 753
surtax
-
-
-
-
total
-
-
-
85 511
Employee
33 732
-
142 213
-
pensions
3 814
-
10 930
-
income
1 991
-
31 835
-
social contributions
962
-
4 052
-
surtax
-
-
-
-
total
6 767
-
46 817
-
Employer
33 732
-
142 213
-
health
2 362
-
14 392
-
social contributions
102
-
426
-
pensions
5 541
-
18 216
-
unemployment
1 366
-
5 760
-
other
1 164
-
5 992
-
total
10 535
-
44 786
-
Corporate
142 734
187 000
-
-
income
39 966
52 361
-
-
surtax
-
-
-
-
total
39 966
52 361
-
-
Dividends
102 768
134 639
-
-
social contributions
17 676
23 158
-
-
surtax
-
-
-
-
withholding
13 154
17 233
-
-
total
30 830
40 391
-
-
Income
187 000
187 000
187 000
187 000
Total tax
88 098
92 752
91 603
85 511
After tax
98 902
94 248
95 397
101 489
Living cost
26 966
26 966
26 966
26 966
Free-cash
71 936
67 282
68 431
74 523

Estimated living cost  is ₽26966 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽7312
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
₽55455
₽86561
₽66871
₽60285
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
-
-
-
187 000
pensions
-
-
-
9 234
income
-
-
-
68 159
health
-
-
-
9 719
total
-
-
-
87 112
Employee
67 306
67 306
172 353
-
health
10 331
8 787
9 719
-
pensions
12 115
9 234
9 234
-
income

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

11 017
11 017
33 821
-
total
33 463
29 038
52 774
-
Employer
67 306
67 306
172 353
-
health
4 678
4 678
5 814
-
pensions
4 684
4 684
5 823
-
unemployment
2 423
2 423
3 011
-
total
11 785
11 785
14 648
-
Corporate
108 734
107 909
-
-
income
21 747
21 581
-
-
total
21 747
21 581
-
-
Dividends
86 987
86 327
-
-
income
18 485
18 344
-
-
withholding
13 048
12 950
-
-
total
31 533
31 294
-
-
Income
187 000
187 000
187 000
187 000
Total tax
98 528
93 698
67 422
87 112
After tax
88 472
93 302
119 578
99 888
Living cost
33 017
33 017
33 017
33 017
Free-cash
55 455
60 285
86 561
66 871

Estimated living cost  is ₽33017 per week

₽23398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽6117
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
₽79080
₽91125
₽67444
₽70363
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.

-
-
-
187 000
trade
-
-
-
23 681
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.

-
-
-
63 145
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.

-
-
-
5 384
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.

-
-
-
3 473
total
-
-
-
95 683
Employee

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

30 146
-
187 000
-
health

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

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

5 384
-
5 384
-
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.

842
-
63 145
-
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
-
3 473
-
total
6 272
-
72 002
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
156 854
187 000
-
-
income
23 529
28 050
-
-
trade
24 704
29 453
-
-
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.

1 294
1 542
-
-
chamber of commerce
346
389
-
-
total
49 873
59 434
-
-
Dividends
106 983
127 566
-
-
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.

1 455
1 738
-
-
withholding
26 447
31 592
-
-
total
27 902
33 330
-
-
Income
187 000
187 000
187 000
187 000
Total tax
84 047
92 764
72 002
95 683
After tax
102 953
94 236
114 998
91 317
Living cost
23 873
23 873
23 873
23 873
Free-cash
79 080
70 363
91 125
67 444

Estimated living cost  is ₽23873 per week

₽15017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5627
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
₽113725
₽105641
₽107154
₽118012
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
-
-
-
187 000
income
-
-
-
44 078
health
-
-
-
4 768
social contributions
-
-
-
12 752
total
-
-
-
61 598
Employee
60 606
60 606
176 942
-
health
470
1 031
3 008
-
income
6 599
5 610
43 261
-
social contributions
2 291
5 030
6 784
-
total
9 360
11 671
53 053
-
Employer
60 606
60 606
176 942
-
health
510
1 122
3 274
-
social contributions
2 291
5 030
6 784
-
total
2 801
6 152
10 058
-
Corporate
156 591
120 243
-
-
income
19 574
15 030
-
-
total
19 574
15 030
-
-
Dividends
137 017
105 213
-
-
withholding
23 292
17 887
-
-
total
23 292
17 887
-
-
Income
187 000
187 000
187 000
187 000
Total tax
55 027
50 740
63 111
61 598
After tax
131 973
136 260
123 889
125 402
Living cost
18 248
18 248
18 248
18 248
Free-cash
113 725
118 012
105 641
107 154

Estimated living cost  is ₽18248 per week

₽10936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5118
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
₽80851
₽57369
₽72334
₽81643
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.

-
-
-
187 000
income
-
-
-
24 961
social contributions

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

-
-
-
64 983
surtax
-
-
-
-
total
-
-
-
89 944
Employee
36 249
-
151 111
-
income
7 540
-
52 026
-
social contributions
3 987
-
16 623
-
surtax
-
-
371
-
total
11 527
-
69 020
-
Employer
36 249
-
151 111
-
social contributions
8 609
-
35 889
-
total
8 609
-
35 889
-
Corporate
142 142
187 000
-
-
income
29 849
39 271
-
-
surtax
-
-
-
-
total
29 849
39 271
-
-
Dividends
112 292
147 729
-
-
withholding
31 442
41 364
-
-
total
31 442
41 364
-
-
Income
187 000
187 000
187 000
187 000
Total tax
81 427
80 635
104 909
89 944
After tax
105 573
106 365
82 091
97 056
Living cost
24 722
24 722
24 722
24 722
Free-cash
80 851
81 643
57 369
72 334

Estimated living cost  is ₽24722 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4354
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
₽170553
₽143624
₽179154
₽171674
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%.

-
-
-
187 000
microenterprise

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

-
-
-
1 870
total
-
-
-
1 870
Employee
7 469
-
187 000
-
income
1 494
-
37 400
-
total
1 494
-
37 400
-
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%.

179 531
187 000
-
-
total
-
-
-
-
Dividends
179 531
187 000
-
-
withholding
8 977
9 350
-
-
total
8 977
9 350
-
-
Income
187 000
187 000
187 000
187 000
Total tax
10 471
9 350
37 400
1 870
After tax
176 529
177 650
149 600
185 130
Living cost
5 976
5 976
5 976
5 976
Free-cash
170 553
171 674
143 624
179 154

Estimated living cost  is ₽5976 per week

₽3703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽164
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.
₽1611
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
₽101019
₽60596
₽64655
₽107609
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.

-
-
-
187 000
pensions
-
-
-
34 151
unemployment
-
-
-
281
income
-
-
-
48 372
health
-
-
-
18 401
total
-
-
-
101 205
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.

34 853
-
161 807
-
health
2 251
-
10 452
-
unemployment
49
-
226
-
pensions
5 402
-
25 080
-
income
6 010
-
44 313
-
total
13 712
-
80 071
-
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.

34 853
-
161 807
-
health
2 321
-
10 776
-
pensions
3 084
-
14 320
-
unemployment
21
-
97
-
total
5 426
-
25 193
-
Corporate
146 721
187 000
-
-
income
27 876
35 530
-
-
total
27 876
35 530
-
-
Dividends
118 845
151 470
-
-
withholding
17 827
22 721
-
-
total
17 827
22 721
-
-
Income
187 000
187 000
187 000
187 000
Total tax
64 841
58 251
105 264
101 205
After tax
122 159
128 749
81 736
85 795
Living cost
21 140
21 140
21 140
21 140
Free-cash
101 019
107 609
60 596
64 655

Estimated living cost  is ₽21140 per week

₽14508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4868
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
₽91529
₽101410
₽125383
₽88777
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.

-
-
-
187 000
income
-
-
-
28 050
health

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

-
-
-
4 957
total
-
-
-
33 007
Employee
36 156
-
183 374
-
social contributions
3 623
-
3 626
-
income
3 923
-
49 728
-
total
7 546
-
53 354
-
Employer
36 156
-
183 374
-
social contributions
3 623
-
3 626
-
total
3 623
-
3 626
-
Corporate
147 221
187 000
-
-
income
51 528
65 449
-
-
total
51 528
65 449
-
-
Dividends
95 694
121 551
-
-
social contributions
4 164
4 164
-
-
total
4 164
4 164
-
-
Income
187 000
187 000
187 000
187 000
Total tax
66 861
69 613
56 980
33 007
After tax
120 139
117 387
130 020
153 993
Living cost
28 610
28 610
28 610
28 610
Free-cash
91 529
88 777
101 410
125 383

Estimated living cost  is ₽28610 per week

₽18846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
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.
₽7070
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
₽97783
₽98106
₽103378
₽97374
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
-
-
-
187 000
income
-
-
-
28 050
health
-
-
-
13 053
social contributions
-
-
-
25 806
total
-
-
-
66 909
Employee
26 723
-
187 000
-
health
1 865
-
13 053
-
income
4 457
-
33 322
-
social contributions
3 688
-
25 806
-
total
10 010
-
72 181
-
Employer
26 723
-
187 000
-
total
-
-
-
-
Corporate
160 277
187 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

8 014
9 349
-
-
total
8 014
9 349
-
-
Dividends
152 263
177 651
-
-
social contributions
21 013
24 516
-
-
withholding
22 839
26 647
-
-
health
10 628
12 401
-
-
total
54 480
63 564
-
-
Income
187 000
187 000
187 000
187 000
Total tax
72 504
72 913
72 181
66 909
After tax
114 496
114 087
114 819
120 091
Living cost
16 713
16 713
16 713
16 713
Free-cash
97 783
97 374
98 106
103 378

Estimated living cost  is ₽16713 per week

₽11185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1031
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
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.
₽4112
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
₽98784
₽81702
₽90149
₽106664
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
-
-
-
187 000
income
-
-
-
20 395
health
-
-
-
25 245
social contributions
-
-
-
25 790
solidarity contribution
-
-
-
3 335
total
-
-
-
74 765
Employee
32 479
-
151 302
-
health
4 385
-
20 426
-
solidarity contribution
-
-
2 577
-
income
3 897
-
18 770
-
social contributions
2 111
-
5 741
-
total
10 393
-
47 514
-
Employer
32 479
-
151 302
-
health
2 923
-
13 617
-
social contributions
8 120
-
22 081
-
total
11 043
-
35 698
-
Corporate
143 478
187 000
-
-
income
27 261
35 530
-
-
total
27 261
35 530
-
-
Dividends
116 217
151 470
-
-
withholding
17 433
22 720
-
-
total
17 433
22 720
-
-
Income
187 000
187 000
187 000
187 000
Total tax
66 130
58 250
83 212
74 765
After tax
120 870
128 750
103 788
112 235
Living cost
22 086
22 086
22 086
22 086
Free-cash
98 784
106 664
81 702
90 149

Estimated living cost  is ₽22086 per week

₽16424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4056
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
₽166592
₽140288
₽175818
₽168338
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%.

-
-
-
187 000
microenterprise

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

-
-
-
1 870
total
-
-
-
1 870
Employee
11 640
-
187 000
-
income
2 328
-
37 400
-
total
2 328
-
37 400
-
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%.

175 360
187 000
-
-
total
-
-
-
-
Dividends
175 360
187 000
-
-
withholding
8 768
9 350
-
-
total
8 768
9 350
-
-
Income
187 000
187 000
187 000
187 000
Total tax
11 096
9 350
37 400
1 870
After tax
175 904
177 650
149 600
185 130
Living cost
9 312
9 312
9 312
9 312
Free-cash
166 592
168 338
140 288
175 818

Estimated living cost  is ₽9312 per week

₽6302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽312
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.
₽2307
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
₽61598
₽57330
₽63422
₽56181
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
-
-
-
187 000
income
-
-
-
36 222
other
-
-
-
5 797
health
-
-
-
9 411
social contributions
-
-
-
5 328
pensions
-
-
-
28 753
surtax
-
-
-
-
total
-
-
-
85 511
Employee
49 364
-
142 213
-
pensions
5 583
-
10 930
-
income
4 307
-
31 835
-
social contributions
1 406
-
4 052
-
surtax
-
-
-
-
total
11 296
-
46 817
-
Employer
49 364
-
142 213
-
health
3 455
-
14 392
-
social contributions
148
-
426
-
pensions
8 111
-
18 216
-
unemployment
2 000
-
5 760
-
other
1 704
-
5 992
-
total
15 418
-
44 786
-
Corporate
122 219
187 000
-
-
income
34 221
52 361
-
-
surtax
-
-
-
-
total
34 221
52 361
-
-
Dividends
87 998
134 639
-
-
social contributions
15 136
23 158
-
-
surtax
-
-
-
-
withholding
11 264
17 233
-
-
total
26 400
40 391
-
-
Income
187 000
187 000
187 000
187 000
Total tax
87 335
92 752
91 603
85 511
After tax
99 665
94 248
95 397
101 489
Living cost
38 067
38 067
38 067
38 067
Free-cash
61 598
56 181
57 330
63 422

Estimated living cost  is ₽38067 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3114
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.
₽8667
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
₽117660
₽108010
₽108009
₽121525
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.

-
-
-
187 000
pensions
-
-
-
15 091
unemployment
-
-
-
871
income
-
-
-
43 469
health
-
-
-
5 978
total
-
-
-
65 409
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.

20 481
-
176 611
-
health
1 055
-
2 989
-
unemployment
154
-
435
-
pensions
2 867
-
8 126
-
income
2 823
-
43 469
-
total
6 899
-
55 019
-
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.

20 481
-
176 611
-
health
1 055
-
2 989
-
pensions
2 458
-
6 965
-
unemployment
154
-
435
-
total
3 667
-
10 389
-
Corporate
162 853
187 000
-
-
income
24 428
28 050
-
-
total
24 428
28 050
-
-
Dividends
138 425
158 950
-
-
withholding
20 764
23 843
-
-
total
20 764
23 843
-
-
Income
187 000
187 000
187 000
187 000
Total tax
55 758
51 893
65 408
65 409
After tax
131 242
135 107
121 592
121 591
Living cost
13 582
13 582
13 582
13 582
Free-cash
117 660
121 525
108 010
108 009

Estimated living cost  is ₽13582 per week

₽9145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽2994
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
₽54846
₽87120
₽92368
₽31914
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
-
-
-
187 000
pensions
-
-
-
17 204
city
-
-
-
1 971
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.

-
-
-
3 740
health
-
-
-
421
regional
-
-
-
11 390
national
-
-
-
6 310
total
-
-
-
41 036
Employee
62 722
-
169 021
-
health
142
-
380
-
unemployment
-
-
-
-
city
673
-
1 838
-
pensions
5 269
-
12 357
-
regional
2 054
-
10 268
-
national
297
-
5 323
-
total
8 435
-
30 166
-
Employer
62 722
-
169 021
-
health
142
-
380
-
pensions
5 269
-
12 357
-
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.

1 254
-
3 381
-
total
6 665
-
16 118
-
Corporate
116 923
187 000
-
-
regional
24 730
39 551
-
-
national
9 939
15 895
-
-
total
34 669
55 446
-
-
Dividends
82 255
131 554
-
-
withholding
28 789
46 044
-
-
total
28 789
46 044
-
-
Income
187 000
187 000
187 000
187 000
Total tax
78 558
101 490
46 284
41 036
After tax
108 442
85 510
140 716
145 964
Living cost
53 596
53 596
53 596
53 596
Free-cash
54 846
31 914
87 120
92 368

Estimated living cost  is ₽53596 per week

₽34853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
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.
₽13275
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
₽86362
₽61934
₽83354
₽83928
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

-
-
-
187 000
municipal
-
-
-
33 201
health
-
-
-
2 550
national
-
-
-
37 635
total
-
-
-
73 386
Employee
41 467
-
157 314
-
health
310
-
2 094
-
unemployment
622
-
2 360
-
pensions
2 798
-
10 619
-
national
685
-
24 444
-
municipal
6 792
-
25 603
-
total
11 207
-
65 120
-
Employer
41 467
-
157 314
-
health
319
-
1 211
-
pensions
7 194
-
27 295
-
accident
42
-
157
-
unemployment
269
-
1 023
-
total
7 824
-
29 686
-
Corporate
137 709
187 000
-
-
income
27 541
37 399
-
-
total
27 541
37 399
-
-
Dividends

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

82 626
112 200
-
-
municipal
14 873
20 196
-
-
national
8 933
15 218
-
-
total
23 806
35 414
-
-
Income
187 000
187 000
187 000
187 000
Total tax
70 378
72 813
94 806
73 386
After tax
116 622
114 187
92 194
113 614
Living cost
30 260
30 260
30 260
30 260
Free-cash
86 362
83 928
61 934
83 354

Estimated living cost  is ₽30260 per week

₽19765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽7103
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
₽63924
₽34411
₽52646
₽73342
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
-
-
-
187 000
communal

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

-
-
-
10 040
social contributions
-
-
-
19 650
national
-
-
-
75 927
total
-
-
-
105 617
Employee

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

56 377
-
144 835
-
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.

2 649
-
6 808
-
communal

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

2 941
-
7 555
-
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.

491
-
1 259
-
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.

4 228
-
10 863
-
national
17 333
-
55 202
-
total
27 642
-
81 687
-
Employer

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

56 377
-
144 835
-
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.

3 467
-
8 908
-
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.

4 996
-
12 833
-
surtax
6 393
-
16 426
-
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.

733
-
1 883
-
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.

823
-
2 115
-
total
16 412
-
42 165
-
Corporate
114 212
187 000
-
-
income
22 842
40 769
-
-
surtax
456
815
-
-
total
23 298
41 584
-
-
Dividends
90 914
145 416
-
-
withholding

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

26 987
43 337
-
-
total
26 987
43 337
-
-
Income
187 000
187 000
187 000
187 000
Total tax
94 339
84 921
123 852
105 617
After tax
92 661
102 079
63 148
81 383
Living cost
28 737
28 737
28 737
28 737
Free-cash
63 924
73 342
34 411
52 646

Estimated living cost  is ₽28737 per week

₽18511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7265
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
₽67214
₽58830
₽59658
₽67981
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
-
-
-
187 000
unemployment
-
-
-
75
municipal
-
-
-
49 303
other
-
-
-
8 690
health
-
-
-
4 666
national
-
-
-
22 253
accident
-
-
-
150
pensions
-
-
-
8 084
total
-
-
-
93 221
Employee
48 619
-
163 504
-
national
-
-
21 795
-
municipal
14 498
-
48 757
-
total
14 498
-
70 552
-
Employer
48 619
-
163 504
-
health
2 990
-
4 599
-
pensions
5 256
-
8 084
-
accident
97
-
150
-
unemployment
1 284
-
1 974
-
other
5 650
-
8 690
-
total
15 277
-
23 497
-
Corporate
123 105
187 000
-
-
income
27 083
41 140
-
-
total
27 083
41 140
-
-
Dividends
96 022
145 860
-
-
withholding
28 807
43 758
-
-
total
28 807
43 758
-
-
Income
187 000
187 000
187 000
187 000
Total tax
85 665
84 898
94 049
93 221
After tax
101 335
102 102
92 951
93 779
Living cost
34 121
34 121
34 121
34 121
Free-cash
67 214
67 981
58 830
59 658

Estimated living cost  is ₽34121 per week

₽22614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3348
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
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.
₽7641
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
₽34029
₽137506
₽91303
₽75842
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
-
-
-
187 000
income
-
-
-
36 450
social contributions
-
-
-
21 318
total
-
-
-
57 768
Employee
54 385
-
-
-
income
11 996
-
-
-
social contributions
4 460
-
636
-
total
16 456
-
636
-
Employer
54 385
-
-
-
social contributions
76 683
-
10 929
-
total
76 683
-
10 929
-
Corporate
55 932
187 000
-
-
income
12 305
41 140
-
-
total
12 305
41 140
-
-
Dividends
43 627
145 860
-
-
income
9 598
32 089
-
-
total
9 598
32 089
-
-
Income
187 000
187 000
187 000
187 000
Total tax
115 042
73 229
11 565
57 768
After tax
71 958
113 771
175 435
129 232
Living cost
37 929
37 929
37 929
37 929
Free-cash
34 029
75 842
137 506
91 303

Estimated living cost  is ₽37929 per week

₽24610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3567
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.
₽9268
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
₽107428
₽98325
₽99838
₽110696
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
-
-
-
187 000
income
-
-
-
44 078
health
-
-
-
4 768
social contributions
-
-
-
12 752
total
-
-
-
61 598
Employee
60 606
60 606
176 942
-
health
603
1 031
3 008
-
income
6 364
5 610
43 261
-
social contributions
2 945
5 030
6 784
-
total
9 912
11 671
53 053
-
Employer
60 606
60 606
176 942
-
health
657
1 122
3 274
-
social contributions
2 945
5 030
6 784
-
total
3 602
6 152
10 058
-
Corporate
147 923
120 243
-
-
income
18 491
15 030
-
-
total
18 491
15 030
-
-
Dividends
129 432
105 213
-
-
withholding
22 003
17 887
-
-
total
22 003
17 887
-
-
Income
187 000
187 000
187 000
187 000
Total tax
54 008
50 740
63 111
61 598
After tax
132 992
136 260
123 889
125 402
Living cost
25 564
25 564
25 564
25 564
Free-cash
107 428
110 696
98 325
99 838

Estimated living cost  is ₽25564 per week

₽17476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽5663
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
₽92973
₽75200
₽91830
₽88485
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
-
-
-
187 000
income
-
-
-
59 125
pensions
-
-
-
7 890
total
-
-
-
67 015
Employee
38 647
-
162 860
-
health
504
-
2 154
-
pensions
2 950
-
9 314
-
income
7 038
-
48 037
-
total
10 492
-
59 505
-
Employer
38 647
-
162 860
-
health
735
-
3 095
-
pensions
3 905
-
21 045
-
total
4 640
-
24 140
-
Corporate
143 714
187 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

27 305
35 530
-
-
total
27 305
35 530
-
-
Dividends
116 409
151 470
-
-
withholding
23 435
34 830
-
-
total
23 435
34 830
-
-
Income
187 000
187 000
187 000
187 000
Total tax
65 872
70 360
83 645
67 015
After tax
121 128
116 640
103 355
119 985
Living cost
28 155
28 155
28 155
28 155
Free-cash
92 973
88 485
75 200
91 830

Estimated living cost  is ₽28155 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
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.
₽5898
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
₽63515
₽50472
₽56943
₽67102
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
-
-
-
187 000
municipal
-
-
-
1 328
regional
-
-
-
4 651
social contributions
-
-
-
39 447
national
-
-
-
53 233
total
-
-
-
98 659
Employee
66 415
-
187 000
-
social contributions
22 395
-
51 716
-
regional
1 003
-
4 241
-
national
11 224
-
47 956
-
municipal
396
-
1 217
-
total
35 018
-
105 130
-
Employer
66 415
-
187 000
-
total
-
-
-
-
Corporate
120 585
187 000
-
-
nationa
28 940
44 879
-
-
municipal
5 812
9 013
-
-
total
34 752
53 892
-
-
Dividends
85 833
133 108
-
-
withholding
22 317
34 608
-
-
total
22 317
34 608
-
-
Income
187 000
187 000
187 000
187 000
Total tax
92 087
88 500
105 130
98 659
After tax
94 913
98 500
81 870
88 341
Living cost
31 398
31 398
31 398
31 398
Free-cash
63 515
67 102
50 472
56 943

Estimated living cost  is ₽31398 per week

₽22055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
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.
₽6708
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
₽12562
₽86551
₽110793
-₽1706
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
-
-
-
187 000
pensions
-
-
-
3 187
income
-
-
-
54 019
other
-
-
-
284
health
-
-
-
1 671
accident
-
-
-
193
total
-
-
-
59 354
Employee
26 510
-
171 495
-
health
3 035
-
19 636
-
pensions
2 985
-
5 844
-
income
3 637
-
42 611
-
total
9 657
-
68 091
-
Employer
26 510
-
171 495
-
pensions
4 311
-
8 439
-
accident
443
-
2 864
-
unemployment
649
-
4 202
-
total
5 403
-
15 505
-
Corporate
155 087
187 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

139 578
168 300
-
-
total
139 578
168 300
-
-
Dividends
15 509
18 700
-
-
withholding
2 947
3 553
-
-
total
2 947
3 553
-
-
Income
187 000
187 000
187 000
187 000
Total tax
157 585
171 853
83 596
59 354
After tax
29 415
15 147
103 404
127 646
Living cost
16 853
16 853
16 853
16 853
Free-cash
12 562
-1 706
86 551
110 793

Estimated living cost  is ₽16853 per week

₽12352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
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.
₽3216
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
₽76041
₽84569
₽62992
₽65733
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.

-
-
-
187 000
trade
-
-
-
21 577
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.

-
-
-
63 145
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.

-
-
-
5 384
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.

-
-
-
3 473
total
-
-
-
93 579
Employee

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

39 216
-
187 000
-
health

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

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

5 384
-
5 384
-
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.

3 225
-
63 145
-
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.

178
-
3 473
-
total
8 787
-
72 002
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
147 784
187 000
-
-
income
22 167
28 050
-
-
trade
21 207
26 834
-
-
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.

1 219
1 542
-
-
chamber of commerce
337
393
-
-
total
44 930
56 819
-
-
Dividends
102 854
130 181
-
-
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.

1 398
1 774
-
-
withholding
25 415
32 245
-
-
total
26 813
34 019
-
-
Income
187 000
187 000
187 000
187 000
Total tax
80 530
90 838
72 002
93 579
After tax
106 470
96 162
114 998
93 421
Living cost
30 429
30 429
30 429
30 429
Free-cash
76 041
65 733
84 569
62 992

Estimated living cost  is ₽30429 per week

₽20990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
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
₽126738
₽65416
₽52271
₽133204
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.

-
-
-
187 000
income
-
-
-
40 449
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.

-
-
-
30 198
surtax
-
-
-
47 685
total
-
-
-
118 332
Employee
23 030
-
148 082
-
income
4 100
-
34 466
-
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.

2 534
-
10 332
-
surtax
-
-
21 472
-
total
6 634
-
66 270
-
Employer
23 030
-
148 082
-
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.

5 547
-
22 628
-
surtax
-
-
16 289
-
total
5 547
-
38 917
-
Corporate
158 422
187 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

31 684
37 399
-
-
total
31 684
37 399
-
-
Dividends

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

126 738
149 601
-
-
total
-
-
-
-
Income
187 000
187 000
187 000
187 000
Total tax
43 865
37 399
105 187
118 332
After tax
143 135
149 601
81 813
68 668
Living cost
16 397
16 397
16 397
16 397
Free-cash
126 738
133 204
65 416
52 271

Estimated living cost  is ₽16397 per week

₽10461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽372
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.
₽4002
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
₽105332
₽105376
₽106069
₽106935
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
-
-
-
187 000
income
-
-
-
58 906
health
-
-
-
5 158
pensions
-
-
-
7 114
total
-
-
-
71 178
Employee
14 855
-
178 997
-
health
743
-
1 779
-
unemployment
149
-
356
-
pensions
1 337
-
3 201
-
income
2 874
-
58 532
-
total
5 103
-
63 868
-
Employer
14 855
-
178 997
-
health
1 411
-
3 379
-
pensions
1 634
-
3 913
-
unemployment
297
-
711
-
total
3 342
-
8 003
-
Corporate
168 803
187 000
-
-
income
37 137
41 140
-
-
total
37 137
41 140
-
-
Dividends
131 666
145 860
-
-
withholding
26 333
29 172
-
-
total
26 333
29 172
-
-
Income
187 000
187 000
187 000
187 000
Total tax
71 915
70 312
71 871
71 178
After tax
115 085
116 688
115 129
115 822
Living cost
9 753
9 753
9 753
9 753
Free-cash
105 332
106 935
105 376
106 069

Estimated living cost  is ₽9753 per week

₽5796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽791
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.
₽2943
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
₽97412
₽65332
₽70152
₽99920
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
-
-
-
187 000
pensions
-
-
-
21 038
unemployment
-
-
-
179
income
-
-
-
60 174
other
-
-
-
-
health
-
-
-
7 468
surtax
-
-
-
10 286
total
-
-
-
99 145
Employee
26 542
-
164 858
-
health
678
-
2 682
-
unemployment
1 847
-
7 321
-
pensions
1 771
-
7 016
-
income
4 450
-
55 460
-
other
-
-
-
-
surtax
94
-
9 344
-
total
8 840
-
81 823
-
Employer
26 542
-
164 858
-
health
1 207
-
4 786
-
pensions
3 539
-
14 022
-
unemployment
842
-
3 334
-
other
-
-
-
-
total
5 588
-
22 142
-
Corporate
154 870
187 000
-
-
income
40 267
48 620
-
-
total
40 267
48 620
-
-
Dividends
114 603
138 380
-
-
withholding
17 190
20 757
-
-
total
17 190
20 757
-
-
Income
187 000
187 000
187 000
187 000
Total tax
71 885
69 377
103 965
99 145
After tax
115 115
117 623
83 035
87 855
Living cost
17 703
17 703
17 703
17 703
Free-cash
97 412
99 920
65 332
70 152

Estimated living cost  is ₽17703 per week

₽10688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5066
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
₽77555
₽23725
₽70652
₽77946
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
-
-
-
187 000
pensions
-
-
-
17 034
chamber of commerce