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
₽ 193000
per

Your estimated
City
free-cash

Valencia , Spain
₽102973
₽82856
₽86146
₽106434
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
-
-
-
193 000
unemployment
-
-
-
509
income
-
-
-
63 511
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
85 303
Employee
28 978
-
169 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
60 821
-
other
28
-
73
-
total
7 426
-
65 435
-
Employer
28 978
-
169 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
154 783
193 000
-
-
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.

23 217
28 950
-
-
total
23 217
28 950
-
-
Dividends
131 566
164 050
-
-
withholding
28 595
36 065
-
-
total
28 595
36 065
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 476
65 015
88 593
85 303
After tax
124 524
127 985
104 407
107 697
Living cost
21 551
21 551
21 551
21 551
Free-cash
102 973
106 434
82 856
86 146

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
₽115621
₽95997
₽97554
₽120915
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
-
-
-
193 000
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
-
-
-
35 057
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
74 563
Employee
28 456
-
162 620
-
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
-
34 538
-
total
7 573
-
45 740
-
Employer
28 456
-
162 620
-
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
-
1 301
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 380
-
Corporate
157 373
193 000
-
-
income
33 048
40 530
-
-
total
33 048
40 530
-
-
Dividends
124 325
152 470
-
-
withholding
8 703
10 672
-
-
total
8 703
10 672
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 496
51 202
76 120
74 563
After tax
136 504
141 798
116 880
118 437
Living cost
20 883
20 883
20 883
20 883
Free-cash
115 621
120 915
95 997
97 554

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
₽151104
₽154634
₽146474
₽154745
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
-
-
-
193 000
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
-
-
-
28 950
health
-
-
-
3 147
total
-
-
-
36 256
Employee
13 600
-
187 632
-
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
-
18 764
-
total
3 330
-
22 727
-
Employer
13 600
-
187 632
-
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
176 732
193 000
-
-
income
17 673
19 300
-
-
total
17 673
19 300
-
-
Dividends
159 059
173 700
-
-
withholding
7 953
8 685
-
-
total
7 953
8 685
-
-
Income
193 000
193 000
193 000
193 000
Total tax
31 625
27 985
28 095
36 256
After tax
161 375
165 015
164 905
156 744
Living cost
10 270
10 270
10 270
10 270
Free-cash
151 104
154 745
154 634
146 474

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
₽75089
₽70638
₽77350
₽70459
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
-
-
-
193 000
income
-
-
-
38 300
other
-
-
-
5 983
health
-
-
-
9 877
social contributions
-
-
-
5 500
pensions
-
-
-
29 177
surtax
-
-
-
-
total
-
-
-
88 837
Employee
33 541
-
146 485
-
pensions
3 792
-
11 383
-
income
1 980
-
33 475
-
social contributions
956
-
4 175
-
surtax
-
-
-
-
total
6 728
-
49 033
-
Employer
33 541
-
146 485
-
health
2 348
-
14 971
-
social contributions
101
-
439
-
pensions
5 510
-
18 948
-
unemployment
1 358
-
5 933
-
other
1 157
-
6 225
-
total
10 474
-
46 516
-
Corporate
148 984
193 000
-
-
income
41 715
54 040
-
-
surtax
-
-
-
-
total
41 715
54 040
-
-
Dividends
107 269
138 960
-
-
social contributions
18 451
23 901
-
-
surtax
-
-
-
-
withholding
13 730
17 787
-
-
total
32 181
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
91 098
95 728
95 549
88 837
After tax
101 902
97 272
97 451
104 163
Living cost
26 813
26 813
26 813
26 813
Free-cash
75 089
70 459
70 638
77 350

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
₽58740
₽90571
₽69898
₽63541
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
-
-
-
193 000
pensions
-
-
-
9 182
income
-
-
-
71 425
health
-
-
-
9 664
total
-
-
-
90 271
Employee
66 925
66 925
178 436
-
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
36 187
-
total
33 274
28 874
55 033
-
Employer
66 925
66 925
178 436
-
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
115 176
114 355
-
-
income
23 036
22 871
-
-
total
23 036
22 871
-
-
Dividends
92 141
91 485
-
-
income
19 579
19 441
-
-
withholding
13 821
13 723
-
-
total
33 400
33 164
-
-
Income
193 000
193 000
193 000
193 000
Total tax
101 429
96 628
69 598
90 271
After tax
91 571
96 372
123 402
102 729
Living cost
32 831
32 831
32 831
32 831
Free-cash
58 740
63 541
90 571
69 898

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
₽82182
₽94539
₽69881
₽73514
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.

-
-
-
193 000
trade
-
-
-
24 658
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.

-
-
-
65 752
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.

-
-
-
3 617
total
-
-
-
99 381
Employee

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

29 975
-
193 000
-
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
-
65 752
-
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
-
3 617
-
total
6 237
-
74 723
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 025
193 000
-
-
income
24 453
28 950
-
-
trade
25 677
30 397
-
-
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.

1 344
1 593
-
-
chamber of commerce
354
396
-
-
total
51 828
61 336
-
-
Dividends
111 196
131 664
-
-
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.

1 513
1 794
-
-
withholding
27 502
32 618
-
-
total
29 015
34 412
-
-
Income
193 000
193 000
193 000
193 000
Total tax
87 080
95 748
74 723
99 381
After tax
105 920
97 252
118 277
93 619
Living cost
23 738
23 738
23 738
23 738
Free-cash
82 182
73 514
94 539
69 881

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
₽118207
₽109471
₽111019
₽122471
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
-
-
-
193 000
income
-
-
-
46 235
health
-
-
-
4 921
social contributions
-
-
-
12 680
total
-
-
-
63 836
Employee
60 263
60 263
182 870
-
health
467
1 025
3 108
-
income
6 562
5 579
45 401
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
55 255
-
Employer
60 263
60 263
182 870
-
health
507
1 115
3 383
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 129
-
Corporate
162 762
126 620
-
-
income
20 345
15 827
-
-
total
20 345
15 827
-
-
Dividends
142 417
110 793
-
-
withholding
24 211
18 834
-
-
total
24 211
18 834
-
-
Income
193 000
193 000
193 000
193 000
Total tax
56 648
52 384
65 384
63 836
After tax
136 352
140 616
127 616
129 164
Living cost
18 145
18 145
18 145
18 145
Free-cash
118 207
122 471
109 471
111 019

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
₽84408
₽59559
₽75253
₽85197
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.

-
-
-
193 000
income
-
-
-
26 097
social contributions

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

-
-
-
67 068
surtax
-
-
-
-
total
-
-
-
93 165
Employee
36 044
-
155 959
-
income
7 497
-
54 168
-
social contributions
3 965
-
17 155
-
surtax
-
-
495
-
total
11 462
-
71 818
-
Employer
36 044
-
155 959
-
social contributions
8 560
-
37 041
-
total
8 560
-
37 041
-
Corporate
148 395
193 000
-
-
income
31 163
40 530
-
-
surtax
-
-
-
-
total
31 163
40 530
-
-
Dividends
117 232
152 470
-
-
withholding
32 825
42 691
-
-
total
32 825
42 691
-
-
Income
193 000
193 000
193 000
193 000
Total tax
84 010
83 221
108 859
93 165
After tax
108 990
109 779
84 141
99 835
Living cost
24 582
24 582
24 582
24 582
Free-cash
84 408
85 197
59 559
75 253

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
₽176138
₽148326
₽184996
₽177276
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%.

-
-
-
193 000
microenterprise

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

-
-
-
1 930
total
-
-
-
1 930
Employee
7 592
-
193 000
-
income
1 518
-
38 600
-
total
1 518
-
38 600
-
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%.

185 408
193 000
-
-
total
-
-
-
-
Dividends
185 408
193 000
-
-
withholding
9 270
9 650
-
-
total
9 270
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
10 788
9 650
38 600
1 930
After tax
182 212
183 350
154 400
191 070
Living cost
6 074
6 074
6 074
6 074
Free-cash
176 138
177 276
148 326
184 996

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
₽105305
₽62631
₽66820
₽111859
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.

-
-
-
193 000
pensions
-
-
-
35 247
unemployment
-
-
-
290
income
-
-
-
50 630
health
-
-
-
18 992
total
-
-
-
105 159
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
-
166 999
-
health
2 238
-
10 788
-
unemployment
49
-
233
-
pensions
5 372
-
25 885
-
income
5 976
-
46 441
-
total
13 635
-
83 347
-
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
-
166 999
-
health
2 308
-
11 121
-
pensions
3 067
-
14 780
-
unemployment
21
-
100
-
total
5 396
-
26 001
-
Corporate
152 949
193 000
-
-
income
29 060
36 671
-
-
total
29 060
36 671
-
-
Dividends
123 888
156 329
-
-
withholding
18 583
23 449
-
-
total
18 583
23 449
-
-
Income
193 000
193 000
193 000
193 000
Total tax
66 674
60 120
109 348
105 159
After tax
126 326
132 880
83 652
87 841
Living cost
21 021
21 021
21 021
21 021
Free-cash
105 305
111 859
62 631
66 820

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
₽95599
₽105425
₽130646
₽92861
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.

-
-
-
193 000
income
-
-
-
28 950
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
-
-
-
33 905
Employee
35 952
-
189 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
51 916
-
total
7 503
-
55 521
-
Employer
35 952
-
189 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
153 446
193 000
-
-
income
53 707
67 550
-
-
total
53 707
67 550
-
-
Dividends
99 739
125 450
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 952
71 690
59 126
33 905
After tax
124 048
121 310
133 874
159 095
Living cost
28 449
28 449
28 449
28 449
Free-cash
95 599
92 861
105 425
130 646

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
₽101537
₽101734
₽107328
₽101129
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
-
-
-
193 000
income
-
-
-
28 950
health
-
-
-
13 471
social contributions
-
-
-
26 633
total
-
-
-
69 054
Employee
26 572
-
193 000
-
health
1 855
-
13 471
-
income
4 432
-
34 544
-
social contributions
3 668
-
26 633
-
total
9 955
-
74 648
-
Employer
26 572
-
193 000
-
total
-
-
-
-
Corporate
166 428
193 000
-
-
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%.

8 321
9 651
-
-
total
8 321
9 651
-
-
Dividends
158 107
183 349
-
-
social contributions
21 819
25 302
-
-
withholding
23 715
27 502
-
-
health
11 035
12 798
-
-
total
56 569
65 602
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 845
75 253
74 648
69 054
After tax
118 155
117 747
118 352
123 946
Living cost
16 618
16 618
16 618
16 618
Free-cash
101 537
101 129
101 734
107 328

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
₽103119
₽85646
₽94440
₽110943
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
-
-
-
193 000
income
-
-
-
21 199
health
-
-
-
26 055
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
3 752
total
-
-
-
76 623
Employee
32 261
-
156 943
-
health
4 355
-
21 187
-
solidarity contribution
-
-
2 963
-
income
3 871
-
19 508
-
social contributions
2 097
-
5 702
-
total
10 323
-
49 360
-
Employer
32 261
-
156 943
-
health
2 903
-
14 125
-
social contributions
8 065
-
21 932
-
total
10 968
-
36 057
-
Corporate
149 771
193 000
-
-
income
28 456
36 670
-
-
total
28 456
36 670
-
-
Dividends
121 314
156 330
-
-
withholding
18 197
23 450
-
-
total
18 197
23 450
-
-
Income
193 000
193 000
193 000
193 000
Total tax
67 944
60 120
85 417
76 623
After tax
125 056
132 880
107 583
116 377
Living cost
21 937
21 937
21 937
21 937
Free-cash
103 119
110 943
85 646
94 440

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
₽172111
₽144935
₽181605
₽173885
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%.

-
-
-
193 000
microenterprise

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

-
-
-
1 930
total
-
-
-
1 930
Employee
11 832
-
193 000
-
income
2 366
-
38 600
-
total
2 366
-
38 600
-
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%.

181 168
193 000
-
-
total
-
-
-
-
Dividends
181 168
193 000
-
-
withholding
9 058
9 650
-
-
total
9 058
9 650
-
-
Income
193 000
193 000
193 000
193 000
Total tax
11 424
9 650
38 600
1 930
After tax
181 576
183 350
154 400
191 070
Living cost
9 465
9 465
9 465
9 465
Free-cash
172 111
173 885
144 935
181 605

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
₽64808
₽59599
₽66311
₽59420
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
-
-
-
193 000
income
-
-
-
38 300
other
-
-
-
5 983
health
-
-
-
9 877
social contributions
-
-
-
5 500
pensions
-
-
-
29 177
surtax
-
-
-
-
total
-
-
-
88 837
Employee
49 085
-
146 485
-
pensions
5 552
-
11 383
-
income
4 283
-
33 475
-
social contributions
1 398
-
4 175
-
surtax
-
-
-
-
total
11 233
-
49 033
-
Employer
49 085
-
146 485
-
health
3 435
-
14 971
-
social contributions
147
-
439
-
pensions
8 065
-
18 948
-
unemployment
1 988
-
5 933
-
other
1 694
-
6 225
-
total
15 329
-
46 516
-
Corporate
128 585
193 000
-
-
income
36 004
54 040
-
-
surtax
-
-
-
-
total
36 004
54 040
-
-
Dividends
92 580
138 960
-
-
social contributions
15 924
23 901
-
-
surtax
-
-
-
-
withholding
11 850
17 787
-
-
total
27 774
41 688
-
-
Income
193 000
193 000
193 000
193 000
Total tax
90 340
95 728
95 549
88 837
After tax
102 660
97 272
97 451
104 163
Living cost
37 852
37 852
37 852
37 852
Free-cash
64 808
59 420
59 599
66 311

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
₽122085
₽112675
₽112675
₽125930
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.

-
-
-
193 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
44 986
health
-
-
-
5 948
total
-
-
-
66 813
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
-
182 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
44 986
-
total
6 864
-
56 477
-
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
-
182 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
168 977
193 000
-
-
income
25 347
28 950
-
-
total
25 347
28 950
-
-
Dividends
143 631
164 050
-
-
withholding
21 545
24 608
-
-
total
21 545
24 608
-
-
Income
193 000
193 000
193 000
193 000
Total tax
57 403
53 558
66 813
66 813
After tax
135 597
139 442
126 187
126 187
Living cost
13 512
13 512
13 512
13 512
Free-cash
122 085
125 930
112 675
112 675

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
₽57765
₽91665
₽96852
₽34965
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
-
-
-
193 000
pensions
-
-
-
17 756
city
-
-
-
2 034
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.

-
-
-
3 860
health
-
-
-
434
regional
-
-
-
11 950
national
-
-
-
6 825
total
-
-
-
42 859
Employee
62 361
-
174 588
-
health
141
-
393
-
unemployment
-
-
-
-
city
669
-
1 900
-
pensions
5 239
-
12 608
-
regional
2 042
-
10 822
-
national
295
-
5 831
-
total
8 386
-
31 554
-
Employer
62 361
-
174 588
-
health
141
-
393
-
pensions
5 239
-
12 608
-
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
-
3 491
-
total
6 627
-
16 492
-
Corporate
123 326
193 000
-
-
regional
26 084
40 820
-
-
national
10 483
16 405
-
-
total
36 567
57 225
-
-
Dividends
86 760
135 775
-
-
withholding
30 366
47 521
-
-
total
30 366
47 521
-
-
Income
193 000
193 000
193 000
193 000
Total tax
81 946
104 746
48 046
42 859
After tax
111 054
88 254
144 954
150 141
Living cost
53 289
53 289
53 289
53 289
Free-cash
57 765
34 965
91 665
96 852

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
₽89855
₽64303
₽86409
₽87173
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

-
-
-
193 000
municipal
-
-
-
34 264
health
-
-
-
2 646
national
-
-
-
39 592
total
-
-
-
76 502
Employee
41 232
-
162 362
-
health
308
-
2 173
-
unemployment
619
-
2 436
-
pensions
2 783
-
10 959
-
national
681
-
25 979
-
municipal
6 754
-
26 422
-
total
11 145
-
67 969
-
Employer
41 232
-
162 362
-
health
317
-
1 251
-
pensions
7 154
-
28 170
-
accident
42
-
162
-
unemployment
268
-
1 056
-
total
7 781
-
30 639
-
Corporate
143 988
193 000
-
-
income
28 797
38 600
-
-
total
28 797
38 600
-
-
Dividends

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

86 393
115 800
-
-
municipal
15 550
20 844
-
-
national
9 783
16 294
-
-
total
25 333
37 138
-
-
Income
193 000
193 000
193 000
193 000
Total tax
73 056
75 738
98 608
76 502
After tax
119 944
117 262
94 392
116 498
Living cost
30 089
30 089
30 089
30 089
Free-cash
89 855
87 173
64 303
86 409

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
₽67498
₽36307
₽55453
₽76405
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
-
-
-
193 000
communal

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

-
-
-
10 408
social contributions
-
-
-
19 539
national
-
-
-
79 025
total
-
-
-
108 972
Employee

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

56 059
-
149 485
-
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
-
7 026
-
communal

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

2 924
-
7 798
-
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
-
1 300
-
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
-
11 211
-
national
17 235
-
57 269
-
total
27 485
-
84 604
-
Employer

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

56 059
-
149 485
-
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
-
9 193
-
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
-
13 244
-
surtax
6 356
-
16 951
-
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
-
1 944
-
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
-
2 182
-
total
16 317
-
43 514
-
Corporate
120 623
193 000
-
-
income
24 124
42 585
-
-
surtax
482
852
-
-
total
24 606
43 437
-
-
Dividends
96 017
149 563
-
-
withholding

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

28 519
44 583
-
-
total
28 519
44 583
-
-
Income
193 000
193 000
193 000
193 000
Total tax
96 927
88 020
128 118
108 972
After tax
96 073
104 980
64 882
84 028
Living cost
28 575
28 575
28 575
28 575
Free-cash
67 498
76 405
36 307
55 453

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
₽70601
₽61624
₽62448
₽71365
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
-
-
-
193 000
unemployment
-
-
-
75
municipal
-
-
-
51 113
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
23 831
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
96 539
Employee
48 465
-
169 578
-
national
-
-
23 374
-
municipal
14 452
-
50 568
-
total
14 452
-
73 942
-
Employer
48 465
-
169 578
-
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
129 308
193 000
-
-
income
28 448
42 460
-
-
total
28 448
42 460
-
-
Dividends
100 860
150 540
-
-
withholding
30 258
45 162
-
-
total
30 258
45 162
-
-
Income
193 000
193 000
193 000
193 000
Total tax
88 386
87 622
97 363
96 539
After tax
104 614
105 378
95 637
96 461
Living cost
34 012
34 012
34 012
34 012
Free-cash
70 601
71 365
61 624
62 448

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
₽37788
₽143574
₽95501
₽79544
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
-
-
-
193 000
income
-
-
-
37 620
social contributions
-
-
-
22 002
total
-
-
-
59 622
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
62 112
193 000
-
-
income
13 665
42 460
-
-
total
13 665
42 460
-
-
Dividends
48 448
150 540
-
-
income
10 659
33 119
-
-
total
10 659
33 119
-
-
Income
193 000
193 000
193 000
193 000
Total tax
117 335
75 579
11 549
59 622
After tax
75 665
117 421
181 451
133 378
Living cost
37 877
37 877
37 877
37 877
Free-cash
37 788
79 544
143 574
95 501

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
₽111947
₽102197
₽103745
₽115197
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
-
-
-
193 000
income
-
-
-
46 235
health
-
-
-
4 921
social contributions
-
-
-
12 680
total
-
-
-
63 836
Employee
60 263
60 263
182 870
-
health
599
1 025
3 108
-
income
6 328
5 579
45 401
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
55 255
-
Employer
60 263
60 263
182 870
-
health
653
1 115
3 383
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 129
-
Corporate
154 143
126 620
-
-
income
19 269
15 827
-
-
total
19 269
15 827
-
-
Dividends
134 875
110 793
-
-
withholding
22 929
18 834
-
-
total
22 929
18 834
-
-
Income
193 000
193 000
193 000
193 000
Total tax
55 634
52 384
65 384
63 836
After tax
137 366
140 616
127 616
129 164
Living cost
25 419
25 419
25 419
25 419
Free-cash
111 947
115 197
102 197
103 745

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
₽96260
₽78232
₽95371
₽91775
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
-
-
-
193 000
income
-
-
-
61 487
pensions
-
-
-
8 006
total
-
-
-
69 493
Employee
38 621
-
168 045
-
health
504
-
2 206
-
pensions
2 948
-
9 412
-
income
7 033
-
50 059
-
total
10 485
-
61 677
-
Employer
38 621
-
168 045
-
health
734
-
3 193
-
pensions
3 902
-
21 762
-
total
4 636
-
24 955
-
Corporate
149 743
193 000
-
-
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.

28 451
36 670
-
-
total
28 451
36 670
-
-
Dividends
121 292
156 330
-
-
withholding
25 032
36 419
-
-
total
25 032
36 419
-
-
Income
193 000
193 000
193 000
193 000
Total tax
68 604
73 089
86 632
69 493
After tax
124 396
119 911
106 368
123 507
Living cost
28 136
28 136
28 136
28 136
Free-cash
96 260
91 775
78 232
95 371

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
₽66873
₽53908
₽60344
₽70437
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
-
-
-
193 000
municipal
-
-
-
1 385
regional
-
-
-
4 860
social contributions
-
-
-
39 224
national
-
-
-
55 966
total
-
-
-
101 435
Employee
66 040
-
193 000
-
social contributions
22 268
-
51 424
-
regional
997
-
4 452
-
national
11 160
-
50 720
-
municipal
394
-
1 275
-
total
34 819
-
107 871
-
Employer
66 040
-
193 000
-
total
-
-
-
-
Corporate
126 960
193 000
-
-
nationa
30 470
46 320
-
-
municipal
6 120
9 303
-
-
total
36 590
55 623
-
-
Dividends
90 370
137 378
-
-
withholding
23 497
35 719
-
-
total
23 497
35 719
-
-
Income
193 000
193 000
193 000
193 000
Total tax
94 906
91 342
107 871
101 435
After tax
98 094
101 658
85 129
91 565
Living cost
31 221
31 221
31 221
31 221
Free-cash
66 873
70 437
53 908
60 344

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
₽13064
₽90171
₽114986
-₽1104
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
-
-
-
193 000
pensions
-
-
-
3 165
income
-
-
-
55 979
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
61 277
Employee
26 328
-
177 313
-
health
3 015
-
20 302
-
pensions
2 965
-
5 804
-
income
3 612
-
44 300
-
total
9 592
-
70 406
-
Employer
26 328
-
177 313
-
pensions
4 281
-
8 381
-
accident
440
-
2 961
-
unemployment
645
-
4 344
-
total
5 366
-
15 686
-
Corporate
161 307
193 000
-
-
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.

145 176
173 700
-
-
total
145 176
173 700
-
-
Dividends
16 131
19 300
-
-
withholding
3 065
3 667
-
-
total
3 065
3 667
-
-
Income
193 000
193 000
193 000
193 000
Total tax
163 199
177 367
86 092
61 277
After tax
29 801
15 633
106 908
131 723
Living cost
16 737
16 737
16 737
16 737
Free-cash
13 064
-1 104
90 171
114 986

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
₽79234
₽88020
₽65554
₽68980
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.

-
-
-
193 000
trade
-
-
-
22 466
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.

-
-
-
65 752
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.

-
-
-
3 617
total
-
-
-
97 189
Employee

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

38 994
-
193 000
-
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
-
65 752
-
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
-
3 617
-
total
8 737
-
74 723
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
154 006
193 000
-
-
income
23 101
28 950
-
-
trade
22 100
27 695
-
-
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.

1 270
1 593
-
-
chamber of commerce
345
402
-
-
total
46 816
58 640
-
-
Dividends
107 189
134 360
-
-
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.

1 457
1 831
-
-
withholding
26 499
33 292
-
-
total
27 956
35 123
-
-
Income
193 000
193 000
193 000
193 000
Total tax
83 509
93 763
74 723
97 189
After tax
109 491
99 237
118 277
95 811
Living cost
30 257
30 257
30 257
30 257
Free-cash
79 234
68 980
88 020
65 554

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
₽131668
₽68486
₽55019
₽138096
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.

-
-
-
193 000
income
-
-
-
42 435
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
-
-
-
49 215
total
-
-
-
121 677
Employee
22 900
-
153 603
-
income
4 076
-
36 267
-
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
-
-
22 273
-
total
6 595
-
68 814
-
Employer
22 900
-
153 603
-
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
-
-
16 896
-
total
5 516
-
39 396
-
Corporate
164 584
193 000
-
-
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%.

32 917
38 600
-
-
total
32 917
38 600
-
-
Dividends

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

131 667
154 400
-
-
total
-
-
-
-
Income
193 000
193 000
193 000
193 000
Total tax
45 028
38 600
108 210
121 677
After tax
147 972
154 400
84 790
71 323
Living cost
16 304
16 304
16 304
16 304
Free-cash
131 668
138 096
68 486
55 019

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
₽109088
₽109292
₽109986
₽110689
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
-
-
-
193 000
income
-
-
-
61 012
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
73 271
Employee
14 840
-
185 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
60 639
-
total
5 097
-
65 969
-
Employer
14 840
-
185 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
174 821
193 000
-
-
income
38 461
42 460
-
-
total
38 461
42 460
-
-
Dividends
136 361
150 540
-
-
withholding
27 272
30 108
-
-
total
27 272
30 108
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 169
72 568
73 965
73 271
After tax
118 831
120 432
119 035
119 729
Living cost
9 743
9 743
9 743
9 743
Free-cash
109 088
110 689
109 292
109 986

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
₽101301
₽68208
₽73002
₽103792
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
-
-
-
193 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
63 009
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
10 863
total
-
-
-
102 395
Employee
26 392
-
170 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
58 322
-
other
-
-
-
-
surtax
94
-
9 926
-
total
8 791
-
85 172
-
Employer
26 392
-
170 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
161 051
193 000
-
-
income
41 873
50 181
-
-
total
41 873
50 181
-
-
Dividends
119 178
142 819
-
-
withholding
17 876
21 424
-
-
total
17 876
21 424
-
-
Income
193 000
193 000
193 000
193 000
Total tax
74 096
71 605
107 189
102 395
After tax
118 904
121 395
85 811
90 605
Living cost
17 603
17 603
17 603
17 603
Free-cash
101 301
103 792
68 208
73 002

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
₽80954
₽25236
₽73751
₽81342
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
-
-
-
193 000
pensions
-
-
-
16 938
chamber of commerce