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
₽ 188000
per

Your estimated
City
free-cash

Valencia , Spain
₽99701
₽80106
₽83396
₽103162
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
-
-
-
188 000
unemployment
-
-
-
509
income
-
-
-
61 261
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
83 053
Employee
28 978
-
164 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
58 571
-
other
28
-
73
-
total
7 426
-
63 185
-
Employer
28 978
-
164 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
149 783
188 000
-
-
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.

22 468
28 199
-
-
total
22 468
28 199
-
-
Dividends
127 316
159 801
-
-
withholding
27 616
35 088
-
-
total
27 616
35 088
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 748
63 287
86 343
83 053
After tax
121 252
124 713
101 657
104 947
Living cost
21 551
21 551
21 551
21 551
Free-cash
99 701
103 162
80 106
83 396

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
₽111947
₽92276
₽93803
₽117241
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
-
-
-
188 000
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.

-
-
-
28 602
income
-
-
-
33 808
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
73 314
Employee
28 456
-
157 661
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
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
-
8 342
-
income
4 899
-
33 299
-
total
7 573
-
44 501
-
Employer
28 456
-
157 661
-
health
399
-
1 669
-
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
-
20 261
-
accident
228
-
1 261
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 340
-
Corporate
152 373
188 000
-
-
income
31 998
39 480
-
-
total
31 998
39 480
-
-
Dividends
120 375
148 520
-
-
withholding
8 427
10 396
-
-
total
8 427
10 396
-
-
Income
188 000
188 000
188 000
188 000
Total tax
55 170
49 876
74 841
73 314
After tax
132 830
138 124
113 159
114 686
Living cost
20 883
20 883
20 883
20 883
Free-cash
111 947
117 241
92 276
93 803

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
₽146830
₽150136
₽142223
₽150470
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
-
-
-
188 000
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
-
-
-
28 200
health
-
-
-
3 147
total
-
-
-
35 506
Employee
13 600
-
182 632
-
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
-
18 263
-
total
3 330
-
22 226
-
Employer
13 600
-
182 632
-
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
171 732
188 000
-
-
income
17 173
18 800
-
-
total
17 173
18 800
-
-
Dividends
154 558
169 200
-
-
withholding
7 728
8 460
-
-
total
7 728
8 460
-
-
Income
188 000
188 000
188 000
188 000
Total tax
30 900
27 260
27 594
35 506
After tax
157 100
160 740
160 406
152 494
Living cost
10 270
10 270
10 270
10 270
Free-cash
146 830
150 470
150 136
142 223

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
₽72568
₽68800
₽75051
₽67940
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
-
-
-
188 000
income
-
-
-
36 683
other
-
-
-
5 828
health
-
-
-
9 508
social contributions
-
-
-
5 357
pensions
-
-
-
28 760
surtax
-
-
-
-
total
-
-
-
86 136
Employee
33 541
-
142 891
-
pensions
3 792
-
11 019
-
income
1 980
-
32 186
-
social contributions
956
-
4 072
-
surtax
-
-
-
-
total
6 728
-
47 277
-
Employer
33 541
-
142 891
-
health
2 348
-
14 503
-
social contributions
101
-
428
-
pensions
5 510
-
18 356
-
unemployment
1 358
-
5 787
-
other
1 157
-
6 036
-
total
10 474
-
45 110
-
Corporate
143 984
188 000
-
-
income
40 316
52 640
-
-
surtax
-
-
-
-
total
40 316
52 640
-
-
Dividends
103 668
135 360
-
-
social contributions
17 832
23 281
-
-
surtax
-
-
-
-
withholding
13 269
17 326
-
-
total
31 101
40 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
88 619
93 247
92 387
86 136
After tax
99 381
94 753
95 613
101 864
Living cost
26 813
26 813
26 813
26 813
Free-cash
72 568
67 940
68 800
75 051

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
₽56190
₽87383
₽67484
₽60992
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
-
-
-
188 000
pensions
-
-
-
9 182
income
-
-
-
68 839
health
-
-
-
9 664
total
-
-
-
87 685
Employee
66 925
66 925
173 436
-
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
34 375
-
total
33 274
28 874
53 221
-
Employer
66 925
66 925
173 436
-
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
110 176
109 355
-
-
income
22 035
21 871
-
-
total
22 035
21 871
-
-
Dividends
88 142
87 484
-
-
income
18 730
18 590
-
-
withholding
13 221
13 123
-
-
total
31 951
31 713
-
-
Income
188 000
188 000
188 000
188 000
Total tax
98 979
94 177
67 786
87 685
After tax
89 021
93 823
120 214
100 315
Living cost
32 831
32 831
32 831
32 831
Free-cash
56 190
60 992
87 383
67 484

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
₽79669
₽91755
₽67883
₽71000
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.

-
-
-
188 000
trade
-
-
-
23 872
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.

-
-
-
63 652
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.

-
-
-
3 501
total
-
-
-
96 379
Employee

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

29 975
-
188 000
-
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.

5 354
-
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
-
63 652
-
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
-
3 501
-
total
6 237
-
72 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
158 025
188 000
-
-
income
23 703
28 199
-
-
trade
24 889
29 611
-
-
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.

1 304
1 551
-
-
chamber of commerce
347
390
-
-
total
50 243
59 751
-
-
Dividends
107 782
128 249
-
-
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.

1 465
1 747
-
-
withholding
26 648
31 764
-
-
total
28 113
33 511
-
-
Income
188 000
188 000
188 000
188 000
Total tax
84 593
93 262
72 507
96 379
After tax
103 407
94 738
115 493
91 621
Living cost
23 738
23 738
23 738
23 738
Free-cash
79 669
71 000
91 755
67 883

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
₽114575
₽106334
₽107853
₽118839
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
-
-
-
188 000
income
-
-
-
44 529
health
-
-
-
4 793
social contributions
-
-
-
12 680
total
-
-
-
62 002
Employee
60 263
60 263
177 961
-
health
467
1 025
3 025
-
income
6 562
5 579
43 711
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
53 482
-
Employer
60 263
60 263
177 961
-
health
507
1 115
3 293
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 039
-
Corporate
157 762
121 620
-
-
income
19 721
15 202
-
-
total
19 721
15 202
-
-
Dividends
138 042
106 417
-
-
withholding
23 467
18 091
-
-
total
23 467
18 091
-
-
Income
188 000
188 000
188 000
188 000
Total tax
55 280
51 016
63 521
62 002
After tax
132 720
136 984
124 479
125 998
Living cost
18 145
18 145
18 145
18 145
Free-cash
114 575
118 839
106 334
107 853

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
₽81563
₽57778
₽72895
₽82352
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.

-
-
-
188 000
income
-
-
-
25 193
social contributions

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

-
-
-
65 330
surtax
-
-
-
-
total
-
-
-
90 523
Employee
36 044
-
151 918
-
income
7 497
-
52 443
-
social contributions
3 965
-
16 711
-
surtax
-
-
406
-
total
11 462
-
69 560
-
Employer
36 044
-
151 918
-
social contributions
8 560
-
36 080
-
total
8 560
-
36 080
-
Corporate
143 395
188 000
-
-
income
30 113
39 480
-
-
surtax
-
-
-
-
total
30 113
39 480
-
-
Dividends
113 282
148 520
-
-
withholding
31 720
41 586
-
-
total
31 720
41 586
-
-
Income
188 000
188 000
188 000
188 000
Total tax
81 855
81 066
105 640
90 523
After tax
106 145
106 934
82 360
97 477
Living cost
24 582
24 582
24 582
24 582
Free-cash
81 563
82 352
57 778
72 895

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
₽171388
₽144326
₽180046
₽172526
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%.

-
-
-
188 000
microenterprise

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

-
-
-
1 880
total
-
-
-
1 880
Employee
7 592
-
188 000
-
income
1 518
-
37 600
-
total
1 518
-
37 600
-
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%.

180 408
188 000
-
-
total
-
-
-
-
Dividends
180 408
188 000
-
-
withholding
9 020
9 400
-
-
total
9 020
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
10 538
9 400
37 600
1 880
After tax
177 462
178 600
150 400
186 120
Living cost
6 074
6 074
6 074
6 074
Free-cash
171 388
172 526
144 326
180 046

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
₽101862
₽60945
₽65025
₽108417
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.

-
-
-
188 000
pensions
-
-
-
34 334
unemployment
-
-
-
283
income
-
-
-
48 837
health
-
-
-
18 500
total
-
-
-
101 954
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
-
162 672
-
health
2 238
-
10 509
-
unemployment
49
-
228
-
pensions
5 372
-
25 214
-
income
5 976
-
44 756
-
total
13 635
-
80 707
-
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
-
162 672
-
health
2 308
-
10 833
-
pensions
3 067
-
14 396
-
unemployment
21
-
98
-
total
5 396
-
25 327
-
Corporate
147 949
188 000
-
-
income
28 110
35 720
-
-
total
28 110
35 720
-
-
Dividends
119 839
152 280
-
-
withholding
17 976
22 842
-
-
total
17 976
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
65 117
58 562
106 034
101 954
After tax
122 883
129 438
81 966
86 046
Living cost
21 021
21 021
21 021
21 021
Free-cash
101 862
108 417
60 945
65 025

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
₽92350
₽102174
₽126397
₽89612
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.

-
-
-
188 000
income
-
-
-
28 199
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
-
-
-
33 154
Employee
35 952
-
184 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
50 167
-
total
7 503
-
53 772
-
Employer
35 952
-
184 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
148 446
188 000
-
-
income
51 956
65 799
-
-
total
51 956
65 799
-
-
Dividends
96 490
122 201
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
188 000
188 000
188 000
188 000
Total tax
67 201
69 939
57 377
33 154
After tax
120 799
118 061
130 623
154 846
Living cost
28 449
28 449
28 449
28 449
Free-cash
92 350
89 612
102 174
126 397

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
₽98486
₽98771
₽104116
₽98082
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
-
-
-
188 000
income
-
-
-
28 199
health
-
-
-
13 122
social contributions
-
-
-
25 945
total
-
-
-
67 266
Employee
26 572
-
188 000
-
health
1 855
-
13 122
-
income
4 432
-
33 544
-
social contributions
3 668
-
25 945
-
total
9 955
-
72 611
-
Employer
26 572
-
188 000
-
total
-
-
-
-
Corporate
161 428
188 000
-
-
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%.

8 071
9 399
-
-
total
8 071
9 399
-
-
Dividends
153 357
178 601
-
-
social contributions
21 163
24 646
-
-
withholding
23 003
26 789
-
-
health
10 704
12 466
-
-
total
54 870
63 901
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 896
73 300
72 611
67 266
After tax
115 104
114 700
115 389
120 734
Living cost
16 618
16 618
16 618
16 618
Free-cash
98 486
98 082
98 771
104 116

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
₽99676
₽82551
₽91067
₽107501
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
-
-
-
188 000
income
-
-
-
20 550
health
-
-
-
25 380
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
3 449
total
-
-
-
74 996
Employee
32 261
-
152 356
-
health
4 355
-
20 568
-
solidarity contribution
-
-
2 685
-
income
3 871
-
18 913
-
social contributions
2 097
-
5 702
-
total
10 323
-
47 868
-
Employer
32 261
-
152 356
-
health
2 903
-
13 712
-
social contributions
8 065
-
21 932
-
total
10 968
-
35 644
-
Corporate
144 771
188 000
-
-
income
27 506
35 720
-
-
total
27 506
35 720
-
-
Dividends
117 264
152 280
-
-
withholding
17 590
22 842
-
-
total
17 590
22 842
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 387
58 562
83 512
74 996
After tax
121 613
129 438
104 488
113 004
Living cost
21 937
21 937
21 937
21 937
Free-cash
99 676
107 501
82 551
91 067

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
₽167361
₽140935
₽176655
₽169135
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%.

-
-
-
188 000
microenterprise

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

-
-
-
1 880
total
-
-
-
1 880
Employee
11 832
-
188 000
-
income
2 366
-
37 600
-
total
2 366
-
37 600
-
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%.

176 168
188 000
-
-
total
-
-
-
-
Dividends
176 168
188 000
-
-
withholding
8 808
9 400
-
-
total
8 808
9 400
-
-
Income
188 000
188 000
188 000
188 000
Total tax
11 174
9 400
37 600
1 880
After tax
176 826
178 600
150 400
186 120
Living cost
9 465
9 465
9 465
9 465
Free-cash
167 361
169 135
140 935
176 655

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
₽62290
₽57761
₽64012
₽56901
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
-
-
-
188 000
income
-
-
-
36 683
other
-
-
-
5 828
health
-
-
-
9 508
social contributions
-
-
-
5 357
pensions
-
-
-
28 760
surtax
-
-
-
-
total
-
-
-
86 136
Employee
49 085
-
142 891
-
pensions
5 552
-
11 019
-
income
4 283
-
32 186
-
social contributions
1 398
-
4 072
-
surtax
-
-
-
-
total
11 233
-
47 277
-
Employer
49 085
-
142 891
-
health
3 435
-
14 503
-
social contributions
147
-
428
-
pensions
8 065
-
18 356
-
unemployment
1 988
-
5 787
-
other
1 694
-
6 036
-
total
15 329
-
45 110
-
Corporate
123 585
188 000
-
-
income
34 603
52 640
-
-
surtax
-
-
-
-
total
34 603
52 640
-
-
Dividends
88 981
135 360
-
-
social contributions
15 304
23 281
-
-
surtax
-
-
-
-
withholding
11 389
17 326
-
-
total
26 693
40 607
-
-
Income
188 000
188 000
188 000
188 000
Total tax
87 858
93 247
92 387
86 136
After tax
100 142
94 753
95 613
101 864
Living cost
37 852
37 852
37 852
37 852
Free-cash
62 290
56 901
57 761
64 012

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
₽118473
₽108925
₽108925
₽122318
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.

-
-
-
188 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
43 736
health
-
-
-
5 948
total
-
-
-
65 563
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
-
177 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
43 736
-
total
6 864
-
55 227
-
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
-
177 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
163 977
188 000
-
-
income
24 597
28 200
-
-
total
24 597
28 200
-
-
Dividends
139 381
159 800
-
-
withholding
20 907
23 970
-
-
total
20 907
23 970
-
-
Income
188 000
188 000
188 000
188 000
Total tax
56 015
52 170
65 563
65 563
After tax
131 985
135 830
122 437
122 437
Living cost
13 512
13 512
13 512
13 512
Free-cash
118 473
122 318
108 925
108 925

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
₽55480
₽88096
₽93307
₽32678
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
-
-
-
188 000
pensions
-
-
-
17 296
city
-
-
-
1 982
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.

-
-
-
3 760
health
-
-
-
423
regional
-
-
-
11 508
national
-
-
-
6 435
total
-
-
-
41 404
Employee
62 361
-
169 968
-
health
141
-
382
-
unemployment
-
-
-
-
city
669
-
1 849
-
pensions
5 239
-
12 381
-
regional
2 042
-
10 389
-
national
295
-
5 451
-
total
8 386
-
30 452
-
Employer
62 361
-
169 968
-
health
141
-
382
-
pensions
5 239
-
12 381
-
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
-
3 400
-
total
6 627
-
16 163
-
Corporate
118 326
188 000
-
-
regional
25 026
39 762
-
-
national
10 058
15 980
-
-
total
35 084
55 742
-
-
Dividends
83 242
132 258
-
-
withholding
29 134
46 291
-
-
total
29 134
46 291
-
-
Income
188 000
188 000
188 000
188 000
Total tax
79 231
102 033
46 615
41 404
After tax
108 769
85 967
141 385
146 596
Living cost
53 289
53 289
53 289
53 289
Free-cash
55 480
32 678
88 096
93 307

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
₽87030
₽62379
₽83911
₽84613
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

-
-
-
188 000
municipal
-
-
-
33 378
health
-
-
-
2 568
national
-
-
-
38 054
total
-
-
-
74 000
Employee
41 232
-
158 156
-
health
308
-
2 109
-
unemployment
619
-
2 372
-
pensions
2 783
-
10 675
-
national
681
-
24 794
-
municipal
6 754
-
25 739
-
total
11 145
-
65 689
-
Employer
41 232
-
158 156
-
health
317
-
1 218
-
pensions
7 154
-
27 439
-
accident
42
-
158
-
unemployment
268
-
1 028
-
total
7 781
-
29 843
-
Corporate
138 988
188 000
-
-
income
27 798
37 600
-
-
total
27 798
37 600
-
-
Dividends

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

83 393
112 800
-
-
municipal
15 011
20 304
-
-
national
9 146
15 394
-
-
total
24 157
35 698
-
-
Income
188 000
188 000
188 000
188 000
Total tax
70 881
73 298
95 532
74 000
After tax
117 119
114 702
92 468
114 000
Living cost
30 089
30 089
30 089
30 089
Free-cash
87 030
84 613
62 379
83 911

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
₽64710
₽34826
₽53254
₽73941
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
-
-
-
188 000
communal

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

-
-
-
10 107
social contributions
-
-
-
19 539
national
-
-
-
76 525
total
-
-
-
106 171
Employee

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

56 059
-
145 612
-
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
-
6 844
-
communal

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

2 924
-
7 595
-
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
-
1 267
-
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
-
10 921
-
national
17 235
-
55 585
-
total
27 485
-
82 212
-
Employer

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

56 059
-
145 612
-
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
-
8 956
-
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
-
12 902
-
surtax
6 356
-
16 511
-
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
-
1 893
-
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
-
2 125
-
total
16 317
-
42 387
-
Corporate
115 623
188 000
-
-
income
23 125
41 135
-
-
surtax
463
822
-
-
total
23 588
41 957
-
-
Dividends
92 036
146 042
-
-
withholding

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

27 325
43 527
-
-
total
27 325
43 527
-
-
Income
188 000
188 000
188 000
188 000
Total tax
94 715
85 484
124 599
106 171
After tax
93 285
102 516
63 401
81 829
Living cost
28 575
28 575
28 575
28 575
Free-cash
64 710
73 941
34 826
53 254

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
₽67871
₽59365
₽60189
₽68635
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
-
-
-
188 000
unemployment
-
-
-
75
municipal
-
-
-
49 622
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
22 581
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
93 798
Employee
48 465
-
164 578
-
national
-
-
22 124
-
municipal
14 452
-
49 077
-
total
14 452
-
71 201
-
Employer
48 465
-
164 578
-
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
124 308
188 000
-
-
income
27 348
41 360
-
-
total
27 348
41 360
-
-
Dividends
96 960
146 640
-
-
withholding
29 088
43 992
-
-
total
29 088
43 992
-
-
Income
188 000
188 000
188 000
188 000
Total tax
86 116
85 352
94 622
93 798
After tax
101 884
102 648
93 378
94 202
Living cost
34 012
34 012
34 012
34 012
Free-cash
67 871
68 635
59 365
60 189

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
₽34747
₽138574
₽92046
₽76502
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
-
-
-
188 000
income
-
-
-
36 645
social contributions
-
-
-
21 432
total
-
-
-
58 077
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
57 112
188 000
-
-
income
12 565
41 360
-
-
total
12 565
41 360
-
-
Dividends
44 547
146 640
-
-
income
9 800
32 261
-
-
total
9 800
32 261
-
-
Income
188 000
188 000
188 000
188 000
Total tax
115 376
73 621
11 549
58 077
After tax
72 624
114 379
176 451
129 923
Living cost
37 877
37 877
37 877
37 877
Free-cash
34 747
76 502
138 574
92 046

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
₽108318
₽99060
₽100579
₽111565
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
-
-
-
188 000
income
-
-
-
44 529
health
-
-
-
4 793
social contributions
-
-
-
12 680
total
-
-
-
62 002
Employee
60 263
60 263
177 961
-
health
599
1 025
3 025
-
income
6 328
5 579
43 711
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
53 482
-
Employer
60 263
60 263
177 961
-
health
653
1 115
3 293
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 039
-
Corporate
149 143
121 620
-
-
income
18 642
15 202
-
-
total
18 642
15 202
-
-
Dividends
130 501
106 417
-
-
withholding
22 185
18 091
-
-
total
22 185
18 091
-
-
Income
188 000
188 000
188 000
188 000
Total tax
54 263
51 016
63 521
62 002
After tax
133 737
136 984
124 479
125 998
Living cost
25 419
25 419
25 419
25 419
Free-cash
108 318
111 565
99 060
100 579

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
₽93525
₽75718
₽92432
₽89041
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
-
-
-
188 000
income
-
-
-
59 526
pensions
-
-
-
7 906
total
-
-
-
67 432
Employee
38 621
-
163 723
-
health
504
-
2 162
-
pensions
2 948
-
9 326
-
income
7 033
-
48 383
-
total
10 485
-
59 871
-
Employer
38 621
-
163 723
-
health
734
-
3 111
-
pensions
3 902
-
21 164
-
total
4 636
-
24 275
-
Corporate
144 743
188 000
-
-
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.

27 502
35 720
-
-
total
27 502
35 720
-
-
Dividends
117 241
152 280
-
-
withholding
23 716
35 103
-
-
total
23 716
35 103
-
-
Income
188 000
188 000
188 000
188 000
Total tax
66 339
70 823
84 146
67 432
After tax
121 661
117 177
103 854
120 568
Living cost
28 136
28 136
28 136
28 136
Free-cash
93 525
89 041
75 718
92 432

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
₽64241
₽51270
₽57708
₽67805
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
-
-
-
188 000
municipal
-
-
-
1 339
regional
-
-
-
4 693
social contributions
-
-
-
39 224
national
-
-
-
53 815
total
-
-
-
99 071
Employee
66 040
-
188 000
-
social contributions
22 268
-
51 424
-
regional
997
-
4 287
-
national
11 160
-
48 570
-
municipal
394
-
1 228
-
total
34 819
-
105 509
-
Employer
66 040
-
188 000
-
total
-
-
-
-
Corporate
121 960
188 000
-
-
nationa
29 270
45 120
-
-
municipal
5 879
9 062
-
-
total
35 149
54 182
-
-
Dividends
86 811
133 819
-
-
withholding
22 570
34 792
-
-
total
22 570
34 792
-
-
Income
188 000
188 000
188 000
188 000
Total tax
92 538
88 974
105 509
99 071
After tax
95 462
99 026
82 491
88 929
Living cost
31 221
31 221
31 221
31 221
Free-cash
64 241
67 805
51 270
57 708

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
₽12659
₽87279
₽111586
-₽1509
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
-
-
-
188 000
pensions
-
-
-
3 165
income
-
-
-
54 379
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
59 677
Employee
26 328
-
172 511
-
health
3 015
-
19 753
-
pensions
2 965
-
5 804
-
income
3 612
-
42 939
-
total
9 592
-
68 496
-
Employer
26 328
-
172 511
-
pensions
4 281
-
8 381
-
accident
440
-
2 881
-
unemployment
645
-
4 226
-
total
5 366
-
15 488
-
Corporate
156 307
188 000
-
-
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.

140 676
169 200
-
-
total
140 676
169 200
-
-
Dividends
15 631
18 800
-
-
withholding
2 970
3 572
-
-
total
2 970
3 572
-
-
Income
188 000
188 000
188 000
188 000
Total tax
158 604
172 772
83 984
59 677
After tax
29 396
15 228
104 016
128 323
Living cost
16 737
16 737
16 737
16 737
Free-cash
12 659
-1 509
87 279
111 586

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
₽76666
₽85236
₽63487
₽66416
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.

-
-
-
188 000
trade
-
-
-
21 749
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.

-
-
-
63 652
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.

-
-
-
3 501
total
-
-
-
94 256
Employee

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

38 994
-
188 000
-
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.

5 354
-
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
-
63 652
-
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
-
3 501
-
total
8 737
-
72 507
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
149 006
188 000
-
-
income
22 352
28 199
-
-
trade
21 382
26 978
-
-
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.

1 230
1 551
-
-
chamber of commerce
338
394
-
-
total
45 302
57 122
-
-
Dividends
103 705
130 877
-
-
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.

1 410
1 783
-
-
withholding
25 628
32 422
-
-
total
27 038
34 205
-
-
Income
188 000
188 000
188 000
188 000
Total tax
81 077
91 327
72 507
94 256
After tax
106 923
96 673
115 493
93 744
Living cost
30 257
30 257
30 257
30 257
Free-cash
76 666
66 416
85 236
63 487

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
₽127668
₽66048
₽52864
₽134096
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.

-
-
-
188 000
income
-
-
-
40 866
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
-
-
-
47 939
total
-
-
-
118 832
Employee
22 900
-
149 099
-
income
4 076
-
34 853
-
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
-
10 274
-
surtax
-
-
21 620
-
total
6 595
-
66 747
-
Employer
22 900
-
149 099
-
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
-
22 500
-
surtax
-
-
16 401
-
total
5 516
-
38 901
-
Corporate
159 584
188 000
-
-
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%.

31 917
37 600
-
-
total
31 917
37 600
-
-
Dividends

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

127 666
150 400
-
-
total
-
-
-
-
Income
188 000
188 000
188 000
188 000
Total tax
44 028
37 600
105 648
118 832
After tax
143 972
150 400
82 352
69 168
Living cost
16 304
16 304
16 304
16 304
Free-cash
127 668
134 096
66 048
52 864

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
₽105968
₽106042
₽106736
₽107569
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
-
-
-
188 000
income
-
-
-
59 262
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
71 521
Employee
14 840
-
180 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
58 889
-
total
5 097
-
64 219
-
Employer
14 840
-
180 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
169 821
188 000
-
-
income
37 361
41 360
-
-
total
37 361
41 360
-
-
Dividends
132 461
146 640
-
-
withholding
26 492
29 328
-
-
total
26 492
29 328
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 289
70 688
72 215
71 521
After tax
115 711
117 312
115 785
116 479
Living cost
9 743
9 743
9 743
9 743
Free-cash
105 968
107 569
106 042
106 736

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
₽98155
₽65909
₽70701
₽100649
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
-
-
-
188 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
60 759
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
10 414
total
-
-
-
99 696
Employee
26 392
-
165 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
56 072
-
other
-
-
-
-
surtax
94
-
9 475
-
total
8 791
-
82 471
-
Employer
26 392
-
165 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
156 051
188 000
-
-
income
40 573
48 879
-
-
total
40 573
48 879
-
-
Dividends
115 478
139 121
-
-
withholding
17 322
20 869
-
-
total
17 322
20 869
-
-
Income
188 000
188 000
188 000
188 000
Total tax
72 242
69 748
104 488
99 696
After tax
115 758
118 252
83 512
88 304
Living cost
17 603
17 603
17 603
17 603
Free-cash
98 155
100 649
65 909
70 701

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
₽78236
₽24072
₽71270
₽78625
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
-
-
-
188 000
pensions
-
-
-
16 938
chamber of commerce