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
₽ 192000
per

Your estimated
City
free-cash

Valencia , Spain
₽102037
₽82027
₽85355
₽105540
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
-
-
-
192 000
unemployment
-
-
-
515
income
-
-
-
62 782
other
-
-
-
74
accident
-
-
-
662
pensions
-
-
-
20 803
total
-
-
-
84 836
Employee
29 325
-
168 565
-
unemployment
455
-
1 139
-
pensions
1 379
-
3 456
-
income
5 654
-
60 060
-
other
29
-
74
-
total
7 517
-
64 729
-
Employer
29 325
-
168 565
-
pensions
6 920
-
17 349
-
accident
581
-
1 455
-
unemployment
1 613
-
4 043
-
other
235
-
588
-
total
9 349
-
23 435
-
Corporate
153 325
192 000
-
-
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.

22 999
28 801
-
-
total
22 999
28 801
-
-
Dividends
130 327
163 199
-
-
withholding
28 289
35 850
-
-
total
28 289
35 850
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 154
64 651
88 164
84 836
After tax
123 846
127 349
103 836
107 164
Living cost
21 809
21 809
21 809
21 809
Free-cash
102 037
105 540
82 027
85 355

Estimated living cost  is ₽21809 per week

₽14721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2097
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.
₽4610
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
₽114576
₽94681
₽96238
₽119929
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
-
-
-
192 000
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.

-
-
-
28 945
income
-
-
-
34 649
other
-
-
-
5 728
health
-
-
-
5 307
total
-
-
-
74 629
Employee
28 796
-
161 283
-
health
403
-
1 689
-
unemployment
287
-
1 206
-
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.

2 015
-
8 442
-
income
4 958
-
34 132
-
total
7 663
-
45 469
-
Employer
28 796
-
161 283
-
health
403
-
1 689
-
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.

4 896
-
20 503
-
accident
230
-
1 290
-
unemployment
287
-
1 206
-
other
1 440
-
6 029
-
total
7 256
-
30 717
-
Corporate
155 946
192 000
-
-
income
32 748
40 320
-
-
total
32 748
40 320
-
-
Dividends
123 198
151 680
-
-
withholding
8 624
10 618
-
-
total
8 624
10 618
-
-
Income
192 000
192 000
192 000
192 000
Total tax
56 291
50 938
76 186
74 629
After tax
135 709
141 062
115 814
117 371
Living cost
21 133
21 133
21 133
21 133
Free-cash
114 576
119 929
94 681
96 238

Estimated living cost  is ₽21133 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
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.
₽4434
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
₽150094
₽153518
₽145422
₽153772
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
-
-
-
192 000
pensions

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

-
-
-
4 096
unemployment
-
-
-
111
income
-
-
-
28 800
health
-
-
-
3 183
total
-
-
-
36 190
Employee
13 756
-
186 570
-
health
633
-
1 273
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 208
-
2 430
-
income
1 375
-
18 657
-
total
3 367
-
22 664
-
Employer
13 756
-
186 570
-
health
949
-
1 910
-
pensions

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

1 516
-
3 050
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 698
-
5 430
-
Corporate
175 545
192 000
-
-
income
17 554
19 200
-
-
total
17 554
19 200
-
-
Dividends
157 991
172 800
-
-
withholding
7 899
8 640
-
-
total
7 899
8 640
-
-
Income
192 000
192 000
192 000
192 000
Total tax
31 518
27 840
28 094
36 190
After tax
160 482
164 160
163 906
155 810
Living cost
10 388
10 388
10 388
10 388
Free-cash
150 094
153 772
153 518
145 422

Estimated living cost  is ₽10388 per week

₽6065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3307
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
₽74319
₽70268
₽76754
₽69634
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
-
-
-
192 000
income
-
-
-
37 687
other
-
-
-
5 952
health
-
-
-
9 751
social contributions
-
-
-
5 471
pensions
-
-
-
29 251
surtax
-
-
-
-
total
-
-
-
88 112
Employee
33 943
-
145 858
-
pensions
3 838
-
11 279
-
income
2 003
-
33 022
-
social contributions
968
-
4 155
-
surtax
-
-
-
-
total
6 809
-
48 456
-
Employer
33 943
-
145 858
-
health
2 376
-
14 841
-
social contributions
102
-
438
-
pensions
5 576
-
18 782
-
unemployment
1 374
-
5 907
-
other
1 171
-
6 174
-
total
10 599
-
46 142
-
Corporate
147 457
192 000
-
-
income
41 288
53 760
-
-
surtax
-
-
-
-
total
41 288
53 760
-
-
Dividends
106 169
138 240
-
-
social contributions
18 262
23 777
-
-
surtax
-
-
-
-
withholding
13 589
17 695
-
-
total
31 851
41 472
-
-
Income
192 000
192 000
192 000
192 000
Total tax
90 547
95 232
94 598
88 112
After tax
101 453
96 768
97 402
103 888
Living cost
27 134
27 134
27 134
27 134
Free-cash
74 319
69 634
70 268
76 754

Estimated living cost  is ₽27134 per week

₽17109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7358
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
₽57755
₽89544
₽69137
₽62614
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
-
-
-
192 000
pensions
-
-
-
9 292
income
-
-
-
70 567
health
-
-
-
9 780
total
-
-
-
89 639
Employee
67 727
67 727
177 261
-
health
10 395
8 842
9 780
-
pensions
12 191
9 292
9 292
-
income

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

11 086
11 086
35 421
-
total
33 672
29 220
54 493
-
Employer
67 727
67 727
177 261
-
health
4 708
4 708
5 850
-
pensions
4 714
4 714
5 859
-
unemployment
2 438
2 438
3 030
-
total
11 860
11 860
14 739
-
Corporate
113 244
112 413
-
-
income
22 649
22 482
-
-
total
22 649
22 482
-
-
Dividends
90 594
89 931
-
-
income
19 251
19 110
-
-
withholding
13 589
13 490
-
-
total
32 840
32 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
101 021
96 162
69 232
89 639
After tax
90 979
95 838
122 768
102 361
Living cost
33 224
33 224
33 224
33 224
Free-cash
57 755
62 614
89 544
69 137

Estimated living cost  is ₽33224 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
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.
₽6156
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
₽81506
₽93827
₽69394
₽72730
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.

-
-
-
192 000
trade
-
-
-
24 433
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.

-
-
-
65 149
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.

-
-
-
5 418
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.

-
-
-
3 584
total
-
-
-
98 584
Employee

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

30 334
-
192 000
-
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.

5 418
-
5 418
-
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.

847
-
65 149
-
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.

47
-
3 584
-
total
6 312
-
74 151
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
161 666
192 000
-
-
income
24 249
28 801
-
-
trade
25 462
30 239
-
-
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.

1 333
1 583
-
-
chamber of commerce
352
396
-
-
total
51 396
61 019
-
-
Dividends
110 268
130 981
-
-
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.

1 499
1 785
-
-
withholding
27 265
32 444
-
-
total
28 764
34 229
-
-
Income
192 000
192 000
192 000
192 000
Total tax
86 472
95 248
74 151
98 584
After tax
105 528
96 752
117 849
93 416
Living cost
24 022
24 022
24 022
24 022
Free-cash
81 506
72 730
93 827
69 394

Estimated living cost  is ₽24022 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5662
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
₽117216
₽108704
₽110251
₽121534
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
-
-
-
192 000
income
-
-
-
45 659
health
-
-
-
4 896
social contributions
-
-
-
12 832
total
-
-
-
63 387
Employee
60 985
60 985
181 809
-
health
473
1 037
3 091
-
income
6 640
5 645
44 825
-
social contributions
2 306
5 061
6 827
-
total
9 419
11 743
54 743
-
Employer
60 985
60 985
181 809
-
health
513
1 129
3 364
-
social contributions
2 306
5 061
6 827
-
total
2 819
6 190
10 191
-
Corporate
161 400
124 824
-
-
income
20 175
15 603
-
-
total
20 175
15 603
-
-
Dividends
141 225
109 222
-
-
withholding
24 009
18 568
-
-
total
24 009
18 568
-
-
Income
192 000
192 000
192 000
192 000
Total tax
56 422
52 104
64 934
63 387
After tax
135 578
139 896
127 066
128 613
Living cost
18 362
18 362
18 362
18 362
Free-cash
117 216
121 534
108 704
110 251

Estimated living cost  is ₽18362 per week

₽11005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽5150
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
₽83535
₽59091
₽74592
₽84332
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.

-
-
-
192 000
income
-
-
-
25 811
social contributions

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

-
-
-
66 720
surtax
-
-
-
-
total
-
-
-
92 531
Employee
36 476
-
155 152
-
income
7 587
-
53 675
-
social contributions
4 012
-
17 067
-
surtax
-
-
442
-
total
11 599
-
71 184
-
Employer
36 476
-
155 152
-
social contributions
8 663
-
36 848
-
total
8 663
-
36 848
-
Corporate
146 861
192 000
-
-
income
30 841
40 320
-
-
surtax
-
-
-
-
total
30 841
40 320
-
-
Dividends
116 019
151 680
-
-
withholding
32 485
42 471
-
-
total
32 485
42 471
-
-
Income
192 000
192 000
192 000
192 000
Total tax
83 588
82 791
108 032
92 531
After tax
108 412
109 209
83 968
99 469
Living cost
24 877
24 877
24 877
24 877
Free-cash
83 535
84 332
59 091
74 592

Estimated living cost  is ₽24877 per week

₽18613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
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
Batumi , Georgia
₽175270
₽147596
₽184076
₽176396
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%.

-
-
-
192 000
microenterprise

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

-
-
-
1 920
total
-
-
-
1 920
Employee
7 505
-
192 000
-
income
1 501
-
38 400
-
total
1 501
-
38 400
-
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%.

184 495
192 000
-
-
total
-
-
-
-
Dividends
184 495
192 000
-
-
withholding
9 225
9 600
-
-
total
9 225
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
10 726
9 600
38 400
1 920
After tax
181 274
182 400
153 600
190 080
Living cost
6 004
6 004
6 004
6 004
Free-cash
175 270
176 396
147 596
184 076

Estimated living cost  is ₽6004 per week

₽3721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1619
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
₽104284
₽62265
₽66432
₽110920
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.

-
-
-
192 000
pensions
-
-
-
35 065
unemployment
-
-
-
287
income
-
-
-
50 050
health
-
-
-
18 893
total
-
-
-
104 295
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.

35 071
-
166 134
-
health
2 265
-
10 731
-
unemployment
50
-
233
-
pensions
5 436
-
25 751
-
income
6 048
-
45 881
-
total
13 799
-
82 596
-
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.

35 071
-
166 134
-
health
2 336
-
11 064
-
pensions
3 103
-
14 703
-
unemployment
21
-
99
-
total
5 460
-
25 866
-
Corporate
151 469
192 000
-
-
income
28 780
36 479
-
-
total
28 780
36 479
-
-
Dividends
122 689
155 521
-
-
withholding
18 404
23 328
-
-
total
18 404
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
66 443
59 807
108 462
104 295
After tax
125 557
132 193
83 538
87 705
Living cost
21 273
21 273
21 273
21 273
Free-cash
104 284
110 920
62 265
66 432

Estimated living cost  is ₽21273 per week

₽14599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽4899
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
₽94592
₽104535
₽129429
₽91820
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.

-
-
-
192 000
income
-
-
-
28 801
health

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

-
-
-
4 980
total
-
-
-
33 781
Employee
36 383
-
188 352
-
social contributions
3 645
-
3 648
-
income
3 948
-
51 379
-
total
7 593
-
55 027
-
Employer
36 383
-
188 352
-
social contributions
3 645
-
3 648
-
total
3 645
-
3 648
-
Corporate
151 972
192 000
-
-
income
53 190
67 200
-
-
total
53 190
67 200
-
-
Dividends
98 782
124 800
-
-
social contributions
4 190
4 190
-
-
total
4 190
4 190
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 618
71 390
58 675
33 781
After tax
123 382
120 610
133 325
158 219
Living cost
28 790
28 790
28 790
28 790
Free-cash
94 592
91 820
104 535
129 429

Estimated living cost  is ₽28790 per week

₽18964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2270
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.
₽7114
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
₽100733
₽100990
₽106485
₽100321
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
-
-
-
192 000
income
-
-
-
28 801
health
-
-
-
13 401
social contributions
-
-
-
26 496
total
-
-
-
68 698
Employee
26 891
-
192 000
-
health
1 877
-
13 401
-
income
4 485
-
34 296
-
social contributions
3 711
-
26 496
-
total
10 073
-
74 193
-
Employer
26 891
-
192 000
-
total
-
-
-
-
Corporate
165 109
192 000
-
-
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%.

8 255
9 601
-
-
total
8 255
9 601
-
-
Dividends
156 854
182 399
-
-
social contributions
21 646
25 170
-
-
withholding
23 528
27 360
-
-
health
10 948
12 731
-
-
total
56 122
65 261
-
-
Income
192 000
192 000
192 000
192 000
Total tax
74 450
74 862
74 193
68 698
After tax
117 550
117 138
117 807
123 302
Living cost
16 817
16 817
16 817
16 817
Free-cash
100 733
100 321
100 990
106 485

Estimated living cost  is ₽16817 per week

₽11255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4137
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
₽102055
₽84602
₽93317
₽109980
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
-
-
-
192 000
income
-
-
-
21 021
health
-
-
-
25 920
social contributions
-
-
-
25 938
solidarity contribution
-
-
-
3 592
total
-
-
-
76 471
Employee
32 665
-
155 773
-
health
4 410
-
21 029
-
solidarity contribution
-
-
2 810
-
income
3 920
-
19 346
-
social contributions
2 123
-
5 774
-
total
10 453
-
48 959
-
Employer
32 665
-
155 773
-
health
2 940
-
14 020
-
social contributions
8 166
-
22 207
-
total
11 106
-
36 227
-
Corporate
148 230
192 000
-
-
income
28 164
36 480
-
-
total
28 164
36 480
-
-
Dividends
120 066
155 520
-
-
withholding
18 010
23 328
-
-
total
18 010
23 328
-
-
Income
192 000
192 000
192 000
192 000
Total tax
67 733
59 808
85 186
76 471
After tax
124 267
132 192
106 814
115 529
Living cost
22 212
22 212
22 212
22 212
Free-cash
102 055
109 980
84 602
93 317

Estimated living cost  is ₽22212 per week

₽16518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
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.
₽4079
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
₽171289
₽144243
₽180723
₽173043
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%.

-
-
-
192 000
microenterprise

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

-
-
-
1 920
total
-
-
-
1 920
Employee
11 696
-
192 000
-
income
2 339
-
38 400
-
total
2 339
-
38 400
-
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%.

180 304
192 000
-
-
total
-
-
-
-
Dividends
180 304
192 000
-
-
withholding
9 015
9 600
-
-
total
9 015
9 600
-
-
Income
192 000
192 000
192 000
192 000
Total tax
11 354
9 600
38 400
1 920
After tax
180 646
182 400
153 600
190 080
Living cost
9 357
9 357
9 357
9 357
Free-cash
171 289
173 043
144 243
180 723

Estimated living cost  is ₽9357 per week

₽6332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
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.
₽2318
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
₽63916
₽59097
₽65583
₽58463
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
-
-
-
192 000
income
-
-
-
37 687
other
-
-
-
5 952
health
-
-
-
9 751
social contributions
-
-
-
5 471
pensions
-
-
-
29 251
surtax
-
-
-
-
total
-
-
-
88 112
Employee
49 673
-
145 858
-
pensions
5 618
-
11 279
-
income
4 334
-
33 022
-
social contributions
1 415
-
4 155
-
surtax
-
-
-
-
total
11 367
-
48 456
-
Employer
49 673
-
145 858
-
health
3 477
-
14 841
-
social contributions
149
-
438
-
pensions
8 162
-
18 782
-
unemployment
2 012
-
5 907
-
other
1 714
-
6 174
-
total
15 514
-
46 142
-
Corporate
126 813
192 000
-
-
income
35 507
53 760
-
-
surtax
-
-
-
-
total
35 507
53 760
-
-
Dividends
91 306
138 240
-
-
social contributions
15 704
23 777
-
-
surtax
-
-
-
-
withholding
11 687
17 695
-
-
total
27 391
41 472
-
-
Income
192 000
192 000
192 000
192 000
Total tax
89 779
95 232
94 598
88 112
After tax
102 221
96 768
97 402
103 888
Living cost
38 305
38 305
38 305
38 305
Free-cash
63 916
58 463
59 097
65 583

Estimated living cost  is ₽38305 per week

₽25924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3134
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.
₽8722
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
₽121166
₽111561
₽111561
₽125054
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.

-
-
-
192 000
pensions
-
-
-
15 183
unemployment
-
-
-
876
income
-
-
-
44 699
health
-
-
-
6 015
total
-
-
-
66 773
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.

20 607
-
181 547
-
health
1 061
-
3 007
-
unemployment
155
-
438
-
pensions
2 885
-
8 176
-
income
2 840
-
44 699
-
total
6 941
-
56 320
-
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.

20 607
-
181 547
-
health
1 061
-
3 007
-
pensions
2 473
-
7 008
-
unemployment
155
-
438
-
total
3 689
-
10 453
-
Corporate
167 705
192 000
-
-
income
25 156
28 800
-
-
total
25 156
28 800
-
-
Dividends
142 549
163 200
-
-
withholding
21 382
24 480
-
-
total
21 382
24 480
-
-
Income
192 000
192 000
192 000
192 000
Total tax
57 168
53 280
66 773
66 773
After tax
134 832
138 720
125 227
125 227
Living cost
13 666
13 666
13 666
13 666
Free-cash
121 166
125 054
111 561
111 561

Estimated living cost  is ₽13666 per week

₽9201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽3012
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
₽56901
₽90335
₽95611
₽33797
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
-
-
-
192 000
pensions
-
-
-
17 664
city
-
-
-
2 024
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.

-
-
-
3 840
health
-
-
-
431
regional
-
-
-
11 793
national
-
-
-
6 637
total
-
-
-
42 389
Employee
63 194
-
173 612
-
health
143
-
391
-
unemployment
-
-
-
-
city
678
-
1 889
-
pensions
5 309
-
12 614
-
regional
2 069
-
10 656
-
national
299
-
5 637
-
total
8 498
-
31 187
-
Employer
63 194
-
173 612
-
health
143
-
391
-
pensions
5 309
-
12 614
-
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.

1 263
-
3 473
-
total
6 715
-
16 478
-
Corporate
121 396
192 000
-
-
regional
25 676
40 607
-
-
national
10 319
16 320
-
-
total
35 995
56 927
-
-
Dividends
85 402
135 073
-
-
withholding
29 891
47 276
-
-
total
29 891
47 276
-
-
Income
192 000
192 000
192 000
192 000
Total tax
81 099
104 203
47 665
42 389
After tax
110 901
87 797
144 335
149 611
Living cost
54 000
54 000
54 000
54 000
Free-cash
56 901
33 797
90 335
95 611

Estimated living cost  is ₽54000 per week

₽35115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
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.
₽13375
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
₽89064
₽63797
₽85790
₽86546
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

-
-
-
192 000
municipal
-
-
-
34 088
health
-
-
-
2 626
national
-
-
-
39 047
total
-
-
-
75 761
Employee
41 726
-
161 521
-
health
312
-
2 157
-
unemployment
626
-
2 423
-
pensions
2 816
-
10 903
-
national
689
-
25 505
-
municipal
6 834
-
26 287
-
total
11 277
-
67 275
-
Employer
41 726
-
161 521
-
health
321
-
1 243
-
pensions
7 239
-
28 024
-
accident
42
-
161
-
unemployment
271
-
1 051
-
total
7 873
-
30 479
-
Corporate
142 401
192 000
-
-
income
28 480
38 400
-
-
total
28 480
38 400
-
-
Dividends

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

85 440
115 200
-
-
municipal
15 379
20 737
-
-
national
9 478
15 868
-
-
total
24 857
36 605
-
-
Income
192 000
192 000
192 000
192 000
Total tax
72 487
75 005
97 754
75 761
After tax
119 513
116 995
94 246
116 239
Living cost
30 449
30 449
30 449
30 449
Free-cash
89 064
86 546
63 797
85 790

Estimated living cost  is ₽30449 per week

₽19889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽7147
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
₽66459
₽35761
₽54661
₽75687
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
-
-
-
192 000
communal

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

-
-
-
10 334
social contributions
-
-
-
19 773
national
-
-
-
78 315
total
-
-
-
108 422
Employee

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

56 731
-
148 712
-
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.

2 665
-
6 989
-
communal

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

2 959
-
7 757
-
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.

494
-
1 294
-
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.

4 255
-
11 154
-
national
17 441
-
56 840
-
total
27 814
-
84 034
-
Employer

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

56 731
-
148 712
-
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.

3 489
-
9 146
-
pensions

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

5 027
-
13 175
-
surtax
6 433
-
16 863
-
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.

737
-
1 932
-
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.

828
-
2 172
-
total
16 514
-
43 288
-
Corporate
118 756
192 000
-
-
income
23 751
42 134
-
-
surtax
476
843
-
-
total
24 227
42 977
-
-
Dividends
94 529
149 023
-
-
withholding

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

28 069
44 419
-
-
total
28 069
44 419
-
-
Income
192 000
192 000
192 000
192 000
Total tax
96 624
87 396
127 322
108 422
After tax
95 376
104 604
64 678
83 578
Living cost
28 917
28 917
28 917
28 917
Free-cash
66 459
75 687
35 761
54 661

Estimated living cost  is ₽28917 per week

₽18626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽7310
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
₽69763
₽60958
₽61788
₽70534
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
-
-
-
192 000
unemployment
-
-
-
75
municipal
-
-
-
50 761
other
-
-
-
8 735
health
-
-
-
4 691
national
-
-
-
23 376
accident
-
-
-
150
pensions
-
-
-
8 126
total
-
-
-
95 914
Employee
48 872
-
168 382
-
national
-
-
22 915
-
municipal
14 574
-
50 211
-
total
14 574
-
73 126
-
Employer
48 872
-
168 382
-
health
3 006
-
4 623
-
pensions
5 283
-
8 126
-
accident
98
-
150
-
unemployment
1 290
-
1 984
-
other
5 679
-
8 735
-
total
15 356
-
23 618
-
Corporate
127 772
192 000
-
-
income
28 110
42 240
-
-
total
28 110
42 240
-
-
Dividends
99 662
149 760
-
-
withholding
29 899
44 928
-
-
total
29 899
44 928
-
-
Income
192 000
192 000
192 000
192 000
Total tax
87 939
87 168
96 744
95 914
After tax
104 061
104 832
95 256
96 086
Living cost
34 298
34 298
34 298
34 298
Free-cash
69 763
70 534
60 958
61 788

Estimated living cost  is ₽34298 per week

₽22732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽7680
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
₽36663
₽142254
₽94564
₽78690
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
-
-
-
192 000
income
-
-
-
37 425
social contributions
-
-
-
21 888
total
-
-
-
59 313
Employee
54 663
-
-
-
income
12 058
-
-
-
social contributions
4 482
-
639
-
total
16 540
-
639
-
Employer
54 663
-
-
-
social contributions
77 075
-
10 984
-
total
77 075
-
10 984
-
Corporate
60 262
192 000
-
-
income
13 258
42 240
-
-
total
13 258
42 240
-
-
Dividends
47 004
149 760
-
-
income
10 341
32 947
-
-
total
10 341
32 947
-
-
Income
192 000
192 000
192 000
192 000
Total tax
117 214
75 187
11 623
59 313
After tax
74 786
116 813
180 377
132 687
Living cost
38 123
38 123
38 123
38 123
Free-cash
36 663
78 690
142 254
94 564

Estimated living cost  is ₽38123 per week

₽24736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
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
₽110883
₽101342
₽102889
₽114172
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
-
-
-
192 000
income
-
-
-
45 659
health
-
-
-
4 896
social contributions
-
-
-
12 832
total
-
-
-
63 387
Employee
60 985
60 985
181 809
-
health
607
1 037
3 091
-
income
6 404
5 645
44 825
-
social contributions
2 963
5 061
6 827
-
total
9 974
11 743
54 743
-
Employer
60 985
60 985
181 809
-
health
661
1 129
3 364
-
social contributions
2 963
5 061
6 827
-
total
3 624
6 190
10 191
-
Corporate
152 678
124 824
-
-
income
19 084
15 603
-
-
total
19 084
15 603
-
-
Dividends
133 594
109 222
-
-
withholding
22 711
18 568
-
-
total
22 711
18 568
-
-
Income
192 000
192 000
192 000
192 000
Total tax
55 393
52 104
64 934
63 387
After tax
136 607
139 896
127 066
128 613
Living cost
25 724
25 724
25 724
25 724
Free-cash
110 883
114 172
101 342
102 889

Estimated living cost  is ₽25724 per week

₽17585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5698
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
₽95676
₽77654
₽94711
₽91172
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
-
-
-
192 000
income
-
-
-
61 037
pensions
-
-
-
8 003
total
-
-
-
69 040
Employee
38 776
-
167 184
-
health
506
-
2 198
-
pensions
2 960
-
9 420
-
income
7 061
-
49 665
-
total
10 527
-
61 283
-
Employer
38 776
-
167 184
-
health
737
-
3 177
-
pensions
3 918
-
21 637
-
total
4 655
-
24 814
-
Corporate
148 569
192 000
-
-
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.

28 227
36 480
-
-
total
28 227
36 480
-
-
Dividends
120 342
155 520
-
-
withholding
24 666
36 099
-
-
total
24 666
36 099
-
-
Income
192 000
192 000
192 000
192 000
Total tax
68 075
72 579
86 097
69 040
After tax
123 925
119 421
105 903
122 960
Living cost
28 249
28 249
28 249
28 249
Free-cash
95 676
91 172
77 654
94 711

Estimated living cost  is ₽28249 per week

₽19379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5917
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
₽65929
₽52807
₽59321
₽69537
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
-
-
-
192 000
municipal
-
-
-
1 371
regional
-
-
-
4 806
social contributions
-
-
-
39 694
national
-
-
-
55 213
total
-
-
-
101 084
Employee
66 831
-
192 000
-
social contributions
22 535
-
52 040
-
regional
1 009
-
4 395
-
national
11 294
-
49 903
-
municipal
399
-
1 260
-
total
35 237
-
107 598
-
Employer
66 831
-
192 000
-
total
-
-
-
-
Corporate
125 169
192 000
-
-
nationa
30 041
46 080
-
-
municipal
6 034
9 255
-
-
total
36 075
55 335
-
-
Dividends
89 094
136 665
-
-
withholding
23 164
35 533
-
-
total
23 164
35 533
-
-
Income
192 000
192 000
192 000
192 000
Total tax
94 476
90 868
107 598
101 084
After tax
97 524
101 132
84 402
90 916
Living cost
31 595
31 595
31 595
31 595
Free-cash
65 929
69 537
52 807
59 321

Estimated living cost  is ₽31595 per week

₽22193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
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
₽12948
₽89299
₽114083
-₽1413
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
-
-
-
192 000
pensions
-
-
-
3 209
income
-
-
-
55 580
other
-
-
-
286
health
-
-
-
1 682
accident
-
-
-
195
total
-
-
-
60 952
Employee
26 687
-
176 243
-
health
3 056
-
20 180
-
pensions
3 005
-
5 883
-
income
3 661
-
43 916
-
total
9 722
-
69 979
-
Employer
26 687
-
176 243
-
pensions
4 340
-
8 496
-
accident
446
-
2 943
-
unemployment
654
-
4 318
-
total
5 440
-
15 757
-
Corporate
159 874
192 000
-
-
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.

143 887
172 800
-
-
total
143 887
172 800
-
-
Dividends
15 987
19 200
-
-
withholding
3 038
3 648
-
-
total
3 038
3 648
-
-
Income
192 000
192 000
192 000
192 000
Total tax
162 087
176 448
85 736
60 952
After tax
29 913
15 552
106 264
131 048
Living cost
16 965
16 965
16 965
16 965
Free-cash
12 948
-1 413
89 299
114 083

Estimated living cost  is ₽16965 per week

₽12434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽3237
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
₽78482
₽87230
₽64969
₽68109
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.

-
-
-
192 000
trade
-
-
-
22 261
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.

-
-
-
65 149
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.

-
-
-
5 418
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.

-
-
-
3 584
total
-
-
-
96 412
Employee

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

39 461
-
192 000
-
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.

5 418
-
5 418
-
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.

3 245
-
65 149
-
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.

179
-
3 584
-
total
8 842
-
74 151
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
152 539
192 000
-
-
income
22 881
28 801
-
-
trade
21 889
27 551
-
-
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.

1 258
1 583
-
-
chamber of commerce
345
402
-
-
total
46 373
58 337
-
-
Dividends
106 165
133 663
-
-
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.

1 443
1 821
-
-
withholding
26 241
33 114
-
-
total
27 684
34 935
-
-
Income
192 000
192 000
192 000
192 000
Total tax
82 899
93 272
74 151
96 412
After tax
109 101
98 728
117 849
95 588
Living cost
30 619
30 619
30 619
30 619
Free-cash
78 482
68 109
87 230
64 969

Estimated living cost  is ₽30619 per week

₽21122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽5758
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
₽130594
₽67692
₽54249
₽137100
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.

-
-
-
192 000
income
-
-
-
41 903
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.

-
-
-
30 387
surtax
-
-
-
48 961
total
-
-
-
121 251
Employee
23 175
-
152 459
-
income
4 125
-
35 764
-
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.

2 550
-
10 397
-
surtax
-
-
22 106
-
total
6 675
-
68 267
-
Employer
23 175
-
152 459
-
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.

5 582
-
22 770
-
surtax
-
-
16 771
-
total
5 582
-
39 541
-
Corporate
163 243
192 000
-
-
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%.

32 649
38 400
-
-
total
32 649
38 400
-
-
Dividends

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

130 594
153 600
-
-
total
-
-
-
-
Income
192 000
192 000
192 000
192 000
Total tax
44 906
38 400
107 808
121 251
After tax
147 094
153 600
84 192
70 749
Living cost
16 500
16 500
16 500
16 500
Free-cash
130 594
137 100
67 692
54 249

Estimated living cost  is ₽16500 per week

₽10526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4028
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
₽108378
₽108522
₽109220
₽109992
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
-
-
-
192 000
income
-
-
-
60 613
health
-
-
-
5 191
pensions
-
-
-
7 160
total
-
-
-
72 964
Employee
14 951
-
183 945
-
health
748
-
1 790
-
unemployment
150
-
358
-
pensions
1 346
-
3 222
-
income
2 892
-
60 237
-
total
5 136
-
65 607
-
Employer
14 951
-
183 945
-
health
1 420
-
3 401
-
pensions
1 645
-
3 938
-
unemployment
299
-
716
-
total
3 364
-
8 055
-
Corporate
173 685
192 000
-
-
income
38 211
42 240
-
-
total
38 211
42 240
-
-
Dividends
135 474
149 760
-
-
withholding
27 095
29 952
-
-
total
27 095
29 952
-
-
Income
192 000
192 000
192 000
192 000
Total tax
73 806
72 192
73 662
72 964
After tax
118 194
119 808
118 338
119 036
Living cost
9 816
9 816
9 816
9 816
Free-cash
108 378
109 992
108 522
109 220

Estimated living cost  is ₽9816 per week

₽5833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
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.
₽2962
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
₽100430
₽67503
₽72352
₽102956
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
-
-
-
192 000
pensions
-
-
-
21 170
unemployment
-
-
-
181
income
-
-
-
62 273
other
-
-
-
-
health
-
-
-
7 515
surtax
-
-
-
10 695
total
-
-
-
101 834
Employee
26 709
-
169 719
-
health
682
-
2 699
-
unemployment
1 859
-
7 367
-
pensions
1 782
-
7 060
-
income
4 478
-
57 529
-
other
-
-
-
-
surtax
95
-
9 747
-
total
8 896
-
84 402
-
Employer
26 709
-
169 719
-
health
1 215
-
4 816
-
pensions
3 561
-
14 110
-
unemployment
847
-
3 355
-
other
-
-
-
-
total
5 623
-
22 281
-
Corporate
159 668
192 000
-
-
income
41 514
49 919
-
-
total
41 514
49 919
-
-
Dividends
118 155
142 081
-
-
withholding
17 723
21 311
-
-
total
17 723
21 311
-
-
Income
192 000
192 000
192 000
192 000
Total tax
73 756
71 230
106 683
101 834
After tax
118 244
120 770
85 317
90 166
Living cost
17 814
17 814
17 814
17 814
Free-cash
100 430
102 956
67 503
72 352

Estimated living cost  is ₽17814 per week

₽10755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽5098
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
₽80125
₽24766
₽72993
₽80515
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
-
-
-
192 000
pensions
-
-
-
17 141
chamber of commerce