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
₽ 194000
per

Your estimated
City
free-cash

Valencia , Spain
₽103766
₽83545
₽86815
₽107207
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
-
-
-
194 000
unemployment
-
-
-
506
income
-
-
-
64 102
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
85 763
Employee
28 805
-
170 981
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
61 428
-
other
28
-
72
-
total
7 381
-
66 013
-
Employer
28 805
-
170 981
-
pensions
6 797
-
17 041
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 020
-
Corporate
156 012
194 000
-
-
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.

23 402
29 101
-
-
total
23 402
29 101
-
-
Dividends
132 610
164 899
-
-
withholding
28 845
36 270
-
-
total
28 845
36 270
-
-
Income
194 000
194 000
194 000
194 000
Total tax
68 812
65 371
89 033
85 763
After tax
125 188
128 629
104 967
108 237
Living cost
21 422
21 422
21 422
21 422
Free-cash
103 766
107 207
83 545
86 815

Estimated living cost  is ₽21422 per week

₽14459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2059
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.
₽4528
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
₽116515
₽97028
₽98586
₽121776
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
-
-
-
194 000
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.

-
-
-
28 431
income
-
-
-
35 387
other
-
-
-
5 626
health
-
-
-
5 213
total
-
-
-
74 657
Employee
28 285
-
163 786
-
health
396
-
1 659
-
unemployment
282
-
1 184
-
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.

1 979
-
8 292
-
income
4 870
-
34 866
-
total
7 527
-
46 001
-
Employer
28 285
-
163 786
-
health
396
-
1 659
-
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.

4 809
-
20 139
-
accident
226
-
1 310
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
30 214
-
Corporate
158 587
194 000
-
-
income
33 304
40 739
-
-
total
33 304
40 739
-
-
Dividends
125 283
153 261
-
-
withholding
8 769
10 728
-
-
total
8 769
10 728
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 728
51 467
76 215
74 657
After tax
137 272
142 533
117 785
119 343
Living cost
20 757
20 757
20 757
20 757
Free-cash
116 515
121 776
97 028
98 586

Estimated living cost  is ₽20757 per week

₽14666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
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.
₽4355
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
₽152053
₽155663
₽147440
₽155668
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
-
-
-
194 000
pensions

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

-
-
-
4 023
unemployment
-
-
-
109
income
-
-
-
29 100
health
-
-
-
3 126
total
-
-
-
36 358
Employee
13 509
-
188 667
-
health
621
-
1 250
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
pensions

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

1 186
-
2 387
-
income
1 351
-
18 867
-
total
3 307
-
22 803
-
Employer
13 509
-
188 667
-
health
932
-
1 875
-
pensions

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

1 489
-
2 995
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 651
-
5 332
-
Corporate
177 840
194 000
-
-
income
17 784
19 400
-
-
total
17 784
19 400
-
-
Dividends
160 056
174 600
-
-
withholding
8 003
8 730
-
-
total
8 003
8 730
-
-
Income
194 000
194 000
194 000
194 000
Total tax
31 745
28 130
28 135
36 358
After tax
162 255
165 870
165 865
157 642
Living cost
10 202
10 202
10 202
10 202
Free-cash
152 053
155 668
155 663
147 440

Estimated living cost  is ₽10202 per week

₽5956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽270
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.
₽3247
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
₽75724
₽71008
₽77882
₽71124
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
-
-
-
194 000
income
-
-
-
38 768
other
-
-
-
6 014
health
-
-
-
9 976
social contributions
-
-
-
5 527
pensions
-
-
-
29 181
surtax
-
-
-
-
total
-
-
-
89 466
Employee
33 340
-
147 157
-
pensions
3 770
-
11 470
-
income
1 968
-
33 832
-
social contributions
951
-
4 193
-
surtax
-
-
-
-
total
6 689
-
49 495
-
Employer
33 340
-
147 157
-
health
2 334
-
15 083
-
social contributions
101
-
442
-
pensions
5 477
-
19 090
-
unemployment
1 350
-
5 961
-
other
1 150
-
6 269
-
total
10 412
-
46 845
-
Corporate
150 248
194 000
-
-
income
42 070
54 321
-
-
surtax
-
-
-
-
total
42 070
54 321
-
-
Dividends
108 178
139 679
-
-
social contributions
18 606
24 024
-
-
surtax
-
-
-
-
withholding
13 847
17 879
-
-
total
32 453
41 903
-
-
Income
194 000
194 000
194 000
194 000
Total tax
91 624
96 224
96 340
89 466
After tax
102 376
97 776
97 660
104 534
Living cost
26 652
26 652
26 652
26 652
Free-cash
75 724
71 124
71 008
77 882

Estimated living cost  is ₽26652 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7227
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
₽59488
₽91406
₽70520
₽64261
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
-
-
-
194 000
pensions
-
-
-
9 127
income
-
-
-
72 113
health
-
-
-
9 606
total
-
-
-
90 846
Employee
66 524
66 524
179 523
-
health
10 211
8 685
9 606
-
pensions
11 974
9 127
9 127
-
income

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

10 889
10 889
36 750
-
total
33 074
28 701
55 483
-
Employer
66 524
66 524
179 523
-
health
4 624
4 624
5 746
-
pensions
4 630
4 630
5 755
-
unemployment
2 395
2 395
2 976
-
total
11 649
11 649
14 477
-
Corporate
116 643
115 827
-
-
income
23 328
23 165
-
-
total
23 328
23 165
-
-
Dividends
93 315
92 661
-
-
income
19 830
19 691
-
-
withholding
13 997
13 899
-
-
total
33 827
33 590
-
-
Income
194 000
194 000
194 000
194 000
Total tax
101 878
97 105
69 960
90 846
After tax
92 122
96 895
124 040
103 154
Living cost
32 634
32 634
32 634
32 634
Free-cash
59 488
64 261
91 406
70 520

Estimated living cost  is ₽32634 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽6046
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
₽82774
₽95174
₽70324
₽74154
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.

-
-
-
194 000
trade
-
-
-
24 850
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.

-
-
-
66 264
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.

-
-
-
5 322
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.

-
-
-
3 644
total
-
-
-
100 080
Employee

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

29 796
-
194 000
-
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.

5 322
-
5 322
-
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.

832
-
66 264
-
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
-
3 644
-
total
6 200
-
75 230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 204
194 000
-
-
income
24 630
29 101
-
-
trade
25 862
30 555
-
-
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.

1 354
1 601
-
-
chamber of commerce
355
398
-
-
total
52 201
61 655
-
-
Dividends
112 004
132 345
-
-
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.

1 524
1 804
-
-
withholding
27 705
32 791
-
-
total
29 229
34 595
-
-
Income
194 000
194 000
194 000
194 000
Total tax
87 630
96 250
75 230
100 080
After tax
106 370
97 750
118 770
93 920
Living cost
23 596
23 596
23 596
23 596
Free-cash
82 774
74 154
95 174
70 324

Estimated living cost  is ₽23596 per week

₽14842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
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.
₽5561
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
₽119066
₽110166
₽111721
₽123302
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
-
-
-
194 000
income
-
-
-
46 693
health
-
-
-
4 946
social contributions
-
-
-
12 604
total
-
-
-
64 243
Employee
59 902
59 902
183 893
-
health
464
1 019
3 127
-
income
6 522
5 545
45 857
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
55 690
-
Employer
59 902
59 902
183 893
-
health
504
1 109
3 402
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
10 108
-
Corporate
163 944
128 018
-
-
income
20 492
16 003
-
-
total
20 492
16 003
-
-
Dividends
143 451
112 015
-
-
withholding
24 386
19 042
-
-
total
24 386
19 042
-
-
Income
194 000
194 000
194 000
194 000
Total tax
56 898
52 662
65 798
64 243
After tax
137 102
141 338
128 202
129 757
Living cost
18 036
18 036
18 036
18 036
Free-cash
119 066
123 302
110 166
111 721

Estimated living cost  is ₽18036 per week

₽10809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽5059
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
₽85129
₽59967
₽75816
₽85913
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.

-
-
-
194 000
income
-
-
-
26 333
social contributions

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

-
-
-
67 416
surtax
-
-
-
-
total
-
-
-
93 749
Employee
35 828
-
156 767
-
income
7 452
-
54 589
-
social contributions
3 941
-
17 245
-
surtax
-
-
531
-
total
11 393
-
72 365
-
Employer
35 828
-
156 767
-
social contributions
8 509
-
37 233
-
total
8 509
-
37 233
-
Corporate
149 662
194 000
-
-
income
31 429
40 739
-
-
surtax
-
-
-
-
total
31 429
40 739
-
-
Dividends
118 233
153 261
-
-
withholding
33 105
42 913
-
-
total
33 105
42 913
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 436
83 652
109 598
93 749
After tax
109 564
110 348
84 402
100 251
Living cost
24 435
24 435
24 435
24 435
Free-cash
85 129
85 913
59 967
75 816

Estimated living cost  is ₽24435 per week

₽18282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
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.
₽4303
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
₽177567
₽149530
₽186390
₽178630
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%.

-
-
-
194 000
microenterprise

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

-
-
-
1 940
total
-
-
-
1 940
Employee
7 087
-
194 000
-
income
1 417
-
38 800
-
total
1 417
-
38 800
-
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%.

186 913
194 000
-
-
total
-
-
-
-
Dividends
186 913
194 000
-
-
withholding
9 346
9 700
-
-
total
9 346
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
10 763
9 700
38 800
1 940
After tax
183 237
184 300
155 200
192 060
Living cost
5 670
5 670
5 670
5 670
Free-cash
177 567
178 630
149 530
186 390

Estimated living cost  is ₽5670 per week

₽3514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽156
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.
₽1529
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
₽106159
₽62981
₽67194
₽112675
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.

-
-
-
194 000
pensions
-
-
-
35 429
unemployment
-
-
-
291
income
-
-
-
51 102
health
-
-
-
19 089
total
-
-
-
105 911
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.

34 448
-
167 863
-
health
2 225
-
10 845
-
unemployment
49
-
235
-
pensions
5 340
-
26 018
-
income
5 940
-
46 888
-
total
13 554
-
83 986
-
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.

34 448
-
167 863
-
health
2 294
-
11 181
-
pensions
3 048
-
14 856
-
unemployment
21
-
101
-
total
5 363
-
26 138
-
Corporate
154 189
194 000
-
-
income
29 296
36 860
-
-
total
29 296
36 860
-
-
Dividends
124 893
157 140
-
-
withholding
18 733
23 570
-
-
total
18 733
23 570
-
-
Income
194 000
194 000
194 000
194 000
Total tax
66 946
60 430
110 124
105 911
After tax
127 054
133 570
83 876
88 089
Living cost
20 895
20 895
20 895
20 895
Free-cash
106 159
112 675
62 981
67 194

Estimated living cost  is ₽20895 per week

₽14340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
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.
₽4812
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
₽96429
₽106196
₽131652
₽93705
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.

-
-
-
194 000
income
-
-
-
29 101
health

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

-
-
-
4 969
total
-
-
-
34 070
Employee
35 736
-
190 417
-
social contributions
3 580
-
3 583
-
income
3 878
-
52 360
-
total
7 458
-
55 943
-
Employer
35 736
-
190 417
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
154 683
194 000
-
-
income
54 139
67 901
-
-
total
54 139
67 901
-
-
Dividends
100 544
126 099
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 293
72 017
59 526
34 070
After tax
124 707
121 983
134 474
159 930
Living cost
28 278
28 278
28 278
28 278
Free-cash
96 429
93 705
106 196
131 652

Estimated living cost  is ₽28278 per week

₽18627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽6988
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
₽102243
₽102399
₽108067
₽101838
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
-
-
-
194 000
income
-
-
-
29 101
health
-
-
-
13 541
social contributions
-
-
-
26 772
total
-
-
-
69 414
Employee
26 413
-
194 000
-
health
1 843
-
13 541
-
income
4 405
-
34 769
-
social contributions
3 646
-
26 772
-
total
9 894
-
75 082
-
Employer
26 413
-
194 000
-
total
-
-
-
-
Corporate
167 587
194 000
-
-
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%.

8 379
9 701
-
-
total
8 379
9 701
-
-
Dividends
159 208
184 299
-
-
social contributions
21 971
25 433
-
-
withholding
23 881
27 645
-
-
health
11 113
12 864
-
-
total
56 965
65 942
-
-
Income
194 000
194 000
194 000
194 000
Total tax
75 238
75 643
75 082
69 414
After tax
118 762
118 357
118 918
124 586
Living cost
16 519
16 519
16 519
16 519
Free-cash
102 243
101 838
102 399
108 067

Estimated living cost  is ₽16519 per week

₽11055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1019
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.
₽4064
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
₽103931
₽86406
₽95265
₽111724
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
-
-
-
194 000
income
-
-
-
21 345
health
-
-
-
26 190
social contributions
-
-
-
25 509
solidarity contribution
-
-
-
3 846
total
-
-
-
76 890
Employee
32 125
-
157 945
-
health
4 337
-
21 323
-
solidarity contribution
-
-
3 051
-
income
3 855
-
19 642
-
social contributions
2 088
-
5 678
-
total
10 280
-
49 694
-
Employer
32 125
-
157 945
-
health
2 891
-
14 215
-
social contributions
8 031
-
21 840
-
total
10 922
-
36 055
-
Corporate
150 953
194 000
-
-
income
28 681
36 860
-
-
total
28 681
36 860
-
-
Dividends
122 272
157 140
-
-
withholding
18 341
23 571
-
-
total
18 341
23 571
-
-
Income
194 000
194 000
194 000
194 000
Total tax
68 224
60 431
85 749
76 890
After tax
125 776
133 569
108 251
117 110
Living cost
21 845
21 845
21 845
21 845
Free-cash
103 931
111 724
86 406
95 265

Estimated living cost  is ₽21845 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
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.
₽4012
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
₽173808
₽146365
₽183225
₽175465
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%.

-
-
-
194 000
microenterprise

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

-
-
-
1 940
total
-
-
-
1 940
Employee
11 044
-
194 000
-
income
2 209
-
38 800
-
total
2 209
-
38 800
-
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%.

182 956
194 000
-
-
total
-
-
-
-
Dividends
182 956
194 000
-
-
withholding
9 148
9 700
-
-
total
9 148
9 700
-
-
Income
194 000
194 000
194 000
194 000
Total tax
11 357
9 700
38 800
1 940
After tax
182 643
184 300
155 200
192 060
Living cost
8 835
8 835
8 835
8 835
Free-cash
173 808
175 465
146 365
183 225

Estimated living cost  is ₽8835 per week

₽5979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽296
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.
₽2189
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
₽65502
₽60035
₽66909
₽60151
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
-
-
-
194 000
income
-
-
-
38 768
other
-
-
-
6 014
health
-
-
-
9 976
social contributions
-
-
-
5 527
pensions
-
-
-
29 181
surtax
-
-
-
-
total
-
-
-
89 466
Employee
48 791
-
147 157
-
pensions
5 519
-
11 470
-
income
4 257
-
33 832
-
social contributions
1 390
-
4 193
-
surtax
-
-
-
-
total
11 166
-
49 495
-
Employer
48 791
-
147 157
-
health
3 415
-
15 083
-
social contributions
146
-
442
-
pensions
8 017
-
19 090
-
unemployment
1 977
-
5 961
-
other
1 684
-
6 269
-
total
15 239
-
46 845
-
Corporate
129 971
194 000
-
-
income
36 392
54 321
-
-
surtax
-
-
-
-
total
36 392
54 321
-
-
Dividends
93 579
139 679
-
-
social contributions
16 097
24 024
-
-
surtax
-
-
-
-
withholding
11 979
17 879
-
-
total
28 076
41 903
-
-
Income
194 000
194 000
194 000
194 000
Total tax
90 873
96 224
96 340
89 466
After tax
103 127
97 776
97 660
104 534
Living cost
37 625
37 625
37 625
37 625
Free-cash
65 502
60 151
60 035
66 909

Estimated living cost  is ₽37625 per week

₽25464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
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.
₽8567
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
₽122918
₽113630
₽113630
₽126739
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.

-
-
-
194 000
pensions
-
-
-
14 917
unemployment
-
-
-
861
income
-
-
-
45 257
health
-
-
-
5 909
total
-
-
-
66 944
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.

20 245
-
183 730
-
health
1 043
-
2 955
-
unemployment
152
-
430
-
pensions
2 834
-
8 032
-
income
2 791
-
45 257
-
total
6 820
-
56 674
-
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.

20 245
-
183 730
-
health
1 043
-
2 955
-
pensions
2 429
-
6 885
-
unemployment
152
-
430
-
total
3 624
-
10 270
-
Corporate
170 131
194 000
-
-
income
25 520
29 100
-
-
total
25 520
29 100
-
-
Dividends
144 611
164 900
-
-
withholding
21 692
24 735
-
-
total
21 692
24 735
-
-
Income
194 000
194 000
194 000
194 000
Total tax
57 656
53 835
66 944
66 944
After tax
136 344
140 165
127 056
127 056
Living cost
13 426
13 426
13 426
13 426
Free-cash
122 918
126 739
113 630
113 630

Estimated living cost  is ₽13426 per week

₽9040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽2959
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
₽58101
₽92197
₽97400
₽35211
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
-
-
-
194 000
pensions
-
-
-
17 848
city
-
-
-
2 045
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.

-
-
-
3 881
health
-
-
-
437
regional
-
-
-
12 018
national
-
-
-
6 870
total
-
-
-
43 099
Employee
62 610
-
175 498
-
health
142
-
394
-
unemployment
-
-
-
-
city
672
-
1 910
-
pensions
5 260
-
12 668
-
regional
2 050
-
10 886
-
national
296
-
5 873
-
total
8 420
-
31 731
-
Employer
62 610
-
175 498
-
health
142
-
394
-
pensions
5 260
-
12 668
-
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.

1 252
-
3 509
-
total
6 654
-
16 571
-
Corporate
124 048
194 000
-
-
regional
26 236
41 031
-
-
national
10 544
16 489
-
-
total
36 780
57 520
-
-
Dividends
87 268
136 479
-
-
withholding
30 544
47 768
-
-
total
30 544
47 768
-
-
Income
194 000
194 000
194 000
194 000
Total tax
82 398
105 288
48 302
43 099
After tax
111 602
88 712
145 698
150 901
Living cost
53 501
53 501
53 501
53 501
Free-cash
58 101
35 211
92 197
97 400

Estimated living cost  is ₽53501 per week

₽34791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
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.
₽13252
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
₽90536
₽64747
₽86972
₽87740
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

-
-
-
194 000
municipal
-
-
-
34 440
health
-
-
-
2 662
national
-
-
-
40 018
total
-
-
-
77 120
Employee
40 985
-
163 204
-
health
306
-
2 188
-
unemployment
615
-
2 448
-
pensions
2 766
-
11 016
-
national
677
-
26 337
-
municipal
6 713
-
26 559
-
total
11 077
-
68 548
-
Employer
40 985
-
163 204
-
health
315
-
1 257
-
pensions
7 111
-
28 316
-
accident
41
-
163
-
unemployment
266
-
1 061
-
total
7 733
-
30 797
-
Corporate
145 282
194 000
-
-
income
29 056
38 800
-
-
total
29 056
38 800
-
-
Dividends

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

87 169
116 400
-
-
municipal
15 691
20 952
-
-
national
9 999
16 600
-
-
total
25 690
37 552
-
-
Income
194 000
194 000
194 000
194 000
Total tax
73 556
76 352
99 345
77 120
After tax
120 444
117 648
94 655
116 880
Living cost
29 908
29 908
29 908
29 908
Free-cash
90 536
87 740
64 747
86 972

Estimated living cost  is ₽29908 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7021
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
₽68294
₽36728
₽56070
₽77010
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
-
-
-
194 000
communal

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

-
-
-
10 475
social contributions
-
-
-
19 422
national
-
-
-
79 629
total
-
-
-
109 526
Employee

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

55 723
-
150 260
-
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.

2 618
-
7 062
-
communal

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

2 906
-
7 838
-
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.

485
-
1 307
-
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.

4 179
-
11 269
-
national
17 131
-
57 651
-
total
27 319
-
85 127
-
Employer

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

55 723
-
150 260
-
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.

3 427
-
9 241
-
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.

4 938
-
13 314
-
surtax
6 318
-
17 039
-
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.

724
-
1 953
-
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.

813
-
2 194
-
total
16 220
-
43 741
-
Corporate
122 057
194 000
-
-
income
24 411
42 955
-
-
surtax
488
859
-
-
total
24 899
43 814
-
-
Dividends
97 158
150 186
-
-
withholding

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

28 864
44 772
-
-
total
28 864
44 772
-
-
Income
194 000
194 000
194 000
194 000
Total tax
97 302
88 586
128 868
109 526
After tax
96 698
105 414
65 132
84 474
Living cost
28 404
28 404
28 404
28 404
Free-cash
68 294
77 010
36 728
56 070

Estimated living cost  is ₽28404 per week

₽18296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽7180
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
₽71572
₽62388
₽63202
₽72327
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
-
-
-
194 000
unemployment
-
-
-
74
municipal
-
-
-
51 490
other
-
-
-
8 556
health
-
-
-
4 595
national
-
-
-
24 379
accident
-
-
-
147
pensions
-
-
-
7 960
total
-
-
-
97 201
Employee
47 873
-
170 864
-
national
-
-
23 928
-
municipal
14 276
-
50 952
-
total
14 276
-
74 880
-
Employer
47 873
-
170 864
-
health
2 944
-
4 528
-
pensions
5 175
-
7 960
-
accident
96
-
147
-
unemployment
1 264
-
1 944
-
other
5 563
-
8 556
-
total
15 042
-
23 135
-
Corporate
131 085
194 000
-
-
income
28 839
42 680
-
-
total
28 839
42 680
-
-
Dividends
102 247
151 320
-
-
withholding
30 674
45 396
-
-
total
30 674
45 396
-
-
Income
194 000
194 000
194 000
194 000
Total tax
88 831
88 076
98 015
97 201
After tax
105 169
105 924
95 985
96 799
Living cost
33 597
33 597
33 597
33 597
Free-cash
71 572
72 327
62 388
63 202

Estimated living cost  is ₽33597 per week

₽22267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽7523
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
₽40108
₽145637
₽97007
₽80967
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
-
-
-
194 000
income
-
-
-
37 814
social contributions
-
-
-
22 116
total
-
-
-
59 930
Employee
53 143
-
-
-
income
11 722
-
-
-
social contributions
4 358
-
621
-
total
16 080
-
621
-
Employer
53 143
-
-
-
social contributions
74 932
-
10 679
-
total
74 932
-
10 679
-
Corporate
65 925
194 000
-
-
income
14 504
42 680
-
-
total
14 504
42 680
-
-
Dividends
51 422
151 320
-
-
income
11 313
33 290
-
-
total
11 313
33 290
-
-
Income
194 000
194 000
194 000
194 000
Total tax
116 829
75 970
11 300
59 930
After tax
77 171
118 030
182 700
134 070
Living cost
37 063
37 063
37 063
37 063
Free-cash
40 108
80 967
145 637
97 007

Estimated living cost  is ₽37063 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽9057
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
₽112842
₽102935
₽104490
₽116071
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
-
-
-
194 000
income
-
-
-
46 693
health
-
-
-
4 946
social contributions
-
-
-
12 604
total
-
-
-
64 243
Employee
59 902
59 902
183 893
-
health
596
1 019
3 127
-
income
6 290
5 545
45 857
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
55 690
-
Employer
59 902
59 902
183 893
-
health
649
1 109
3 402
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
10 108
-
Corporate
155 376
128 018
-
-
income
19 422
16 003
-
-
total
19 422
16 003
-
-
Dividends
135 954
112 015
-
-
withholding
23 112
19 042
-
-
total
23 112
19 042
-
-
Income
194 000
194 000
194 000
194 000
Total tax
55 891
52 662
65 798
64 243
After tax
138 109
141 338
128 202
129 757
Living cost
25 267
25 267
25 267
25 267
Free-cash
112 842
116 071
102 935
104 490

Estimated living cost  is ₽25267 per week

₽17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5597
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
₽96858
₽78840
₽96061
₽92397
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
-
-
-
194 000
income
-
-
-
61 958
pensions
-
-
-
8 003
total
-
-
-
69 961
Employee
38 403
-
168 902
-
health
501
-
2 210
-
pensions
2 931
-
9 396
-
income
6 994
-
50 478
-
total
10 426
-
62 084
-
Employer
38 403
-
168 902
-
health
730
-
3 210
-
pensions
3 880
-
21 888
-
total
4 610
-
25 098
-
Corporate
150 987
194 000
-
-
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.

28 688
36 861
-
-
total
28 688
36 861
-
-
Dividends
122 299
157 139
-
-
withholding
25 440
36 764
-
-
total
25 440
36 764
-
-
Income
194 000
194 000
194 000
194 000
Total tax
69 164
73 625
87 182
69 961
After tax
124 836
120 375
106 818
124 039
Living cost
27 978
27 978
27 978
27 978
Free-cash
96 858
92 397
78 840
96 061

Estimated living cost  is ₽27978 per week

₽19193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽5861
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
₽67608
₽54723
₽61123
₽71152
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
-
-
-
194 000
municipal
-
-
-
1 396
regional
-
-
-
4 901
social contributions
-
-
-
38 989
national
-
-
-
56 557
total
-
-
-
101 843
Employee
65 644
-
194 000
-
social contributions
22 135
-
51 116
-
regional
991
-
4 498
-
national
11 093
-
51 343
-
municipal
392
-
1 286
-
total
34 611
-
108 243
-
Employer
65 644
-
194 000
-
total
-
-
-
-
Corporate
128 356
194 000
-
-
nationa
30 805
46 560
-
-
municipal
6 187
9 350
-
-
total
36 992
55 910
-
-
Dividends
91 364
138 090
-
-
withholding
23 755
35 904
-
-
total
23 755
35 904
-
-
Income
194 000
194 000
194 000
194 000
Total tax
95 358
91 814
108 243
101 843
After tax
98 642
102 186
85 757
92 157
Living cost
31 034
31 034
31 034
31 034
Free-cash
67 608
71 152
54 723
61 123

Estimated living cost  is ₽31034 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6630
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
₽13133
₽90640
₽115586
-₽1107
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
-
-
-
194 000
pensions
-
-
-
3 181
income
-
-
-
56 269
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
61 593
Employee
26 460
-
178 233
-
health
3 030
-
20 408
-
pensions
2 979
-
5 833
-
income
3 630
-
44 531
-
total
9 639
-
70 772
-
Employer
26 460
-
178 233
-
pensions
4 303
-
8 424
-
accident
442
-
2 976
-
unemployment
648
-
4 367
-
total
5 393
-
15 767
-
Corporate
162 147
194 000
-
-
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.

145 933
174 600
-
-
total
145 933
174 600
-
-
Dividends
16 215
19 400
-
-
withholding
3 081
3 686
-
-
total
3 081
3 686
-
-
Income
194 000
194 000
194 000
194 000
Total tax
164 046
178 286
86 539
61 593
After tax
29 954
15 714
107 461
132 407
Living cost
16 821
16 821
16 821
16 821
Free-cash
13 133
-1 107
90 640
115 586

Estimated living cost  is ₽16821 per week

₽12328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽3210
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
₽79866
₽88695
₽66053
₽69672
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.

-
-
-
194 000
trade
-
-
-
22 642
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.

-
-
-
66 264
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.

-
-
-
5 322
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.

-
-
-
3 644
total
-
-
-
97 872
Employee

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

38 761
-
194 000
-
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.

5 322
-
5 322
-
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.

3 187
-
66 264
-
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.

176
-
3 644
-
total
8 685
-
75 230
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
155 239
194 000
-
-
income
23 286
29 101
-
-
trade
22 277
27 840
-
-
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.

1 280
1 601
-
-
chamber of commerce
346
402
-
-
total
47 189
58 944
-
-
Dividends
108 050
135 057
-
-
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.

1 469
1 841
-
-
withholding
26 716
33 468
-
-
total
28 185
35 309
-
-
Income
194 000
194 000
194 000
194 000
Total tax
84 059
94 253
75 230
97 872
After tax
109 941
99 747
118 770
96 128
Living cost
30 075
30 075
30 075
30 075
Free-cash
79 866
69 672
88 695
66 053

Estimated living cost  is ₽30075 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
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.
₽5656
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
₽132603
₽69127
₽55618
₽138993
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.

-
-
-
194 000
income
-
-
-
42 858
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.

-
-
-
29 847
surtax
-
-
-
49 470
total
-
-
-
122 175
Employee
22 763
-
154 625
-
income
4 052
-
36 661
-
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.

2 504
-
10 212
-
surtax
-
-
22 420
-
total
6 556
-
69 293
-
Employer
22 763
-
154 625
-
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.

5 483
-
22 365
-
surtax
-
-
17 008
-
total
5 483
-
39 373
-
Corporate
165 754
194 000
-
-
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%.

33 151
38 800
-
-
total
33 151
38 800
-
-
Dividends

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

132 603
155 200
-
-
total
-
-
-
-
Income
194 000
194 000
194 000
194 000
Total tax
45 190
38 800
108 666
122 175
After tax
148 810
155 200
85 334
71 825
Living cost
16 207
16 207
16 207
16 207
Free-cash
132 603
138 993
69 127
55 618

Estimated living cost  is ₽16207 per week

₽10339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
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.
₽3956
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
₽109601
₽109783
₽110484
₽111217
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
-
-
-
194 000
income
-
-
-
61 298
health
-
-
-
5 203
pensions
-
-
-
7 176
total
-
-
-
73 677
Employee
14 985
-
185 927
-
health
749
-
1 794
-
unemployment
150
-
359
-
pensions
1 349
-
3 229
-
income
2 899
-
60 922
-
total
5 147
-
66 304
-
Employer
14 985
-
185 927
-
health
1 424
-
3 409
-
pensions
1 648
-
3 947
-
unemployment
300
-
718
-
total
3 372
-
8 074
-
Corporate
175 643
194 000
-
-
income
38 641
42 680
-
-
total
38 641
42 680
-
-
Dividends
137 002
151 320
-
-
withholding
27 400
30 264
-
-
total
27 400
30 264
-
-
Income
194 000
194 000
194 000
194 000
Total tax
74 560
72 944
74 378
73 677
After tax
119 440
121 056
119 622
120 323
Living cost
9 839
9 839
9 839
9 839
Free-cash
109 601
111 217
109 783
110 484

Estimated living cost  is ₽9839 per week

₽5847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽798
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.
₽2969
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
₽102050
₽68794
₽73556
₽104528
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
-
-
-
194 000
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
63 602
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
10 993
total
-
-
-
102 947
Employee
26 234
-
172 115
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
58 942
-
other
-
-
-
-
surtax
93
-
10 060
-
total
8 737
-
85 824
-
Employer
26 234
-
172 115
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
162 243
194 000
-
-
income
42 184
50 440
-
-
total
42 184
50 440
-
-
Dividends
120 059
143 560
-
-
withholding
18 009
21 535
-
-
total
18 009
21 535
-
-
Income
194 000
194 000
194 000
194 000
Total tax
74 453
71 975
107 709
102 947
After tax
119 547
122 025
86 291
91 053
Living cost
17 497
17 497
17 497
17 497
Free-cash
102 050
104 528
68 794
73 556

Estimated living cost  is ₽17497 per week

₽10564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
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.
₽5007
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
₽81641
₽25589
₽74380
₽82029
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
-
-
-
194 000
pensions
-
-
-
16 837
chamber of commerce </