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
₽ 198000
per

Your estimated
City
free-cash

Valencia , Spain
₽106247
₽85607
₽88896
₽109706
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
-
-
-
198 000
unemployment
-
-
-
509
income
-
-
-
65 763
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 555
total
-
-
-
87 554
Employee
28 977
-
174 843
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
63 073
-
other
28
-
73
-
total
7 426
-
67 687
-
Employer
28 977
-
174 843
-
pensions
6 838
-
17 142
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
581
-
total
9 238
-
23 156
-
Corporate
159 785
198 000
-
-
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.

23 967
29 700
-
-
total
23 967
29 700
-
-
Dividends
135 818
168 300
-
-
withholding
29 572
37 044
-
-
total
29 572
37 044
-
-
Income
198 000
198 000
198 000
198 000
Total tax
70 203
66 744
90 843
87 554
After tax
127 797
131 256
107 157
110 446
Living cost
21 550
21 550
21 550
21 550
Free-cash
106 247
109 706
85 607
88 896

Estimated living cost  is ₽21550 per week

₽14546
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
₽119295
₽99719
₽101306
₽124589
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
-
-
-
198 000
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.

-
-
-
28 601
income
-
-
-
36 307
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
75 812
Employee
28 454
-
167 583
-
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
-
8 341
-
income
4 899
-
35 780
-
total
7 573
-
46 981
-
Employer
28 454
-
167 583
-
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
-
20 260
-
accident
228
-
1 340
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 418
-
Corporate
162 375
198 000
-
-
income
34 099
41 579
-
-
total
34 099
41 579
-
-
Dividends
128 276
156 421
-
-
withholding
8 979
10 950
-
-
total
8 979
10 950
-
-
Income
198 000
198 000
198 000
198 000
Total tax
57 823
52 529
77 399
75 812
After tax
140 177
145 471
120 601
122 188
Living cost
20 882
20 882
20 882
20 882
Free-cash
119 295
124 589
99 719
101 306

Estimated living cost  is ₽20882 per week

₽14754
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
₽155380
₽159136
₽150724
₽159020
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
-
-
-
198 000
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
-
-
-
29 700
health
-
-
-
3 147
total
-
-
-
37 006
Employee
13 600
-
192 632
-
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
-
19 263
-
total
3 330
-
23 226
-
Employer
13 600
-
192 632
-
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
181 732
198 000
-
-
income
18 173
19 800
-
-
total
18 173
19 800
-
-
Dividends
163 559
178 200
-
-
withholding
8 178
8 910
-
-
total
8 178
8 910
-
-
Income
198 000
198 000
198 000
198 000
Total tax
32 350
28 710
28 594
37 006
After tax
165 650
169 290
169 406
160 994
Living cost
10 270
10 270
10 270
10 270
Free-cash
155 380
159 020
159 136
150 724

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
₽77609
₽72476
₽79655
₽72981
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
-
-
-
198 000
income
-
-
-
39 918
other
-
-
-
6 137
health
-
-
-
10 245
social contributions
-
-
-
5 641
pensions
-
-
-
29 592
surtax
-
-
-
-
total
-
-
-
91 533
Employee
33 540
-
150 081
-
pensions
3 792
-
11 747
-
income
1 979
-
34 768
-
social contributions
956
-
4 277
-
surtax
-
-
-
-
total
6 727
-
50 792
-
Employer
33 540
-
150 081
-
health
2 348
-
15 438
-
social contributions
101
-
451
-
pensions
5 510
-
19 540
-
unemployment
1 358
-
6 078
-
other
1 157
-
6 413
-
total
10 474
-
47 920
-
Corporate
153 986
198 000
-
-
income
43 116
55 440
-
-
surtax
-
-
-
-
total
43 116
55 440
-
-
Dividends
110 871
142 560
-
-
social contributions
19 070
24 520
-
-
surtax
-
-
-
-
withholding
14 192
18 247
-
-
total
33 262
42 767
-
-
Income
198 000
198 000
198 000
198 000
Total tax
93 579
98 207
98 712
91 533
After tax
104 421
99 793
99 288
106 467
Living cost
26 812
26 812
26 812
26 812
Free-cash
77 609
72 981
72 476
79 655

Estimated living cost  is ₽26812 per week

₽16906
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
₽61293
₽93761
₽72310
₽66093
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
-
-
-
198 000
pensions
-
-
-
9 182
income
-
-
-
74 015
health
-
-
-
9 664
total
-
-
-
92 861
Employee
66 922
66 922
183 436
-
health
10 272
8 737
9 664
-
pensions
12 046
9 182
9 182
-
income

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

10 954
10 954
37 999
-
total
33 272
28 873
56 845
-
Employer
66 922
66 922
183 436
-
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
120 180
119 359
-
-
income
24 035
23 872
-
-
total
24 035
23 872
-
-
Dividends
96 145
95 487
-
-
income
20 431
20 291
-
-
withholding
14 421
14 323
-
-
total
34 852
34 614
-
-
Income
198 000
198 000
198 000
198 000
Total tax
103 878
99 078
71 410
92 861
After tax
94 122
98 922
126 590
105 139
Living cost
32 829
32 829
32 829
32 829
Free-cash
61 293
66 093
93 761
72 310

Estimated living cost  is ₽32829 per week

₽23265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
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.
₽6082
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
₽84696
₽97325
₽71878
₽76029
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.

-
-
-
198 000
trade
-
-
-
25 447
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.

-
-
-
67 853
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.

-
-
-
3 731
total
-
-
-
102 385
Employee

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

29 974
-
198 000
-
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
-
67 853
-
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
-
3 731
-
total
6 237
-
76 938
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 026
198 000
-
-
income
25 204
29 700
-
-
trade
26 464
31 186
-
-
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.

1 386
1 633
-
-
chamber of commerce
360
403
-
-
total
53 414
62 922
-
-
Dividends
114 612
135 078
-
-
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.

1 560
1 841
-
-
withholding
28 356
33 471
-
-
total
29 916
35 312
-
-
Income
198 000
198 000
198 000
198 000
Total tax
89 567
98 234
76 938
102 385
After tax
108 433
99 766
121 062
95 615
Living cost
23 737
23 737
23 737
23 737
Free-cash
84 696
76 029
97 325
71 878

Estimated living cost  is ₽23737 per week

₽14931
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
₽121841
₽112606
₽114187
₽126106
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
-
-
-
198 000
income
-
-
-
47 941
health
-
-
-
5 049
social contributions
-
-
-
12 679
total
-
-
-
65 669
Employee
60 260
60 260
187 780
-
health
467
1 025
3 193
-
income
6 561
5 578
47 091
-
social contributions
2 278
5 001
6 746
-
total
9 306
11 604
57 030
-
Employer
60 260
60 260
187 780
-
health
507
1 115
3 474
-
social contributions
2 278
5 001
6 746
-
total
2 785
6 116
10 220
-
Corporate
167 764
131 623
-
-
income
20 970
16 452
-
-
total
20 970
16 452
-
-
Dividends
146 793
115 171
-
-
withholding
24 954
19 578
-
-
total
24 954
19 578
-
-
Income
198 000
198 000
198 000
198 000
Total tax
58 015
53 750
67 250
65 669
After tax
139 985
144 250
130 750
132 331
Living cost
18 144
18 144
18 144
18 144
Free-cash
121 841
126 106
112 606
114 187

Estimated living cost  is ₽18144 per week

₽10874
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
₽87253
₽61338
₽77609
₽88042
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.

-
-
-
198 000
income
-
-
-
27 005
social contributions

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

-
-
-
68 805
surtax
-
-
-
-
total
-
-
-
95 810
Employee
36 043
-
160 000
-
income
7 497
-
55 895
-
social contributions
3 965
-
17 600
-
surtax
-
-
586
-
total
11 462
-
74 081
-
Employer
36 043
-
160 000
-
social contributions
8 560
-
38 000
-
total
8 560
-
38 000
-
Corporate
153 397
198 000
-
-
income
32 213
41 579
-
-
surtax
-
-
-
-
total
32 213
41 579
-
-
Dividends
121 184
156 421
-
-
withholding
33 931
43 798
-
-
total
33 931
43 798
-
-
Income
198 000
198 000
198 000
198 000
Total tax
86 166
85 377
112 081
95 810
After tax
111 834
112 623
85 919
102 190
Living cost
24 581
24 581
24 581
24 581
Free-cash
87 253
88 042
61 338
77 609

Estimated living cost  is ₽24581 per week

₽18392
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
₽180888
₽152326
₽189946
₽182026
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%.

-
-
-
198 000
microenterprise

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

-
-
-
1 980
total
-
-
-
1 980
Employee
7 592
-
198 000
-
income
1 518
-
39 600
-
total
1 518
-
39 600
-
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%.

190 408
198 000
-
-
total
-
-
-
-
Dividends
190 408
198 000
-
-
withholding
9 520
9 900
-
-
total
9 520
9 900
-
-
Income
198 000
198 000
198 000
198 000
Total tax
11 038
9 900
39 600
1 980
After tax
186 962
188 100
158 400
196 020
Living cost
6 074
6 074
6 074
6 074
Free-cash
180 888
182 026
152 326
189 946

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
₽108748
₽64318
₽68616
₽115303
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.

-
-
-
198 000
pensions
-
-
-
36 160
unemployment
-
-
-
297
income
-
-
-
52 424
health
-
-
-
19 483
total
-
-
-
108 364
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.

34 654
-
171 325
-
health
2 238
-
11 067
-
unemployment
49
-
239
-
pensions
5 372
-
26 555
-
income
5 976
-
48 127
-
total
13 635
-
85 988
-
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.

34 654
-
171 325
-
health
2 308
-
11 409
-
pensions
3 067
-
15 162
-
unemployment
21
-
103
-
total
5 396
-
26 674
-
Corporate
157 951
198 000
-
-
income
30 011
37 621
-
-
total
30 011
37 621
-
-
Dividends
127 940
160 379
-
-
withholding
19 190
24 056
-
-
total
19 190
24 056
-
-
Income
198 000
198 000
198 000
198 000
Total tax
68 232
61 677
112 662
108 364
After tax
129 768
136 323
85 338
89 636
Living cost
21 020
21 020
21 020
21 020
Free-cash
108 748
115 303
64 318
68 616

Estimated living cost  is ₽21020 per week

₽14425
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.
₽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.
₽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
₽98850
₽108676
₽134898
₽96113
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.

-
-
-
198 000
income
-
-
-
29 700
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
-
-
-
34 655
Employee
35 950
-
194 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
53 667
-
total
7 503
-
57 272
-
Employer
35 950
-
194 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
158 448
198 000
-
-
income
55 458
69 300
-
-
total
55 458
69 300
-
-
Dividends
102 991
128 700
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
198 000
198 000
198 000
198 000
Total tax
70 703
73 440
60 877
34 655
After tax
127 297
124 560
137 123
163 345
Living cost
28 447
28 447
28 447
28 447
Free-cash
98 850
96 113
108 676
134 898

Estimated living cost  is ₽28447 per week

₽18738
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
₽104588
₽104694
₽110539
₽104181
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
-
-
-
198 000
income
-
-
-
29 700
health
-
-
-
13 820
social contributions
-
-
-
27 324
total
-
-
-
70 844
Employee
26 571
-
198 000
-
health
1 854
-
13 820
-
income
4 432
-
35 545
-
social contributions
3 667
-
27 324
-
total
9 953
-
76 689
-
Employer
26 571
-
198 000
-
total
-
-
-
-
Corporate
171 429
198 000
-
-
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%.

8 572
9 900
-
-
total
8 572
9 900
-
-
Dividends
162 857
188 100
-
-
social contributions
22 474
25 958
-
-
withholding
24 428
28 214
-
-
health
11 368
13 130
-
-
total
58 270
67 302
-
-
Income
198 000
198 000
198 000
198 000
Total tax
76 795
77 202
76 689
70 844
After tax
121 205
120 798
121 311
127 156
Living cost
16 617
16 617
16 617
16 617
Free-cash
104 588
104 181
104 694
110 539

Estimated living cost  is ₽16617 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
₽106561
₽88741
₽97813
₽114386
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
-
-
-
198 000
income
-
-
-
21 848
health
-
-
-
26 730
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 055
total
-
-
-
78 250
Employee
32 261
-
161 530
-
health
4 355
-
21 807
-
solidarity contribution
-
-
3 240
-
income
3 871
-
20 103
-
social contributions
2 097
-
5 702
-
total
10 323
-
50 852
-
Employer
32 261
-
161 530
-
health
2 903
-
14 538
-
social contributions
8 065
-
21 932
-
total
10 968
-
36 470
-
Corporate
154 771
198 000
-
-
income
29 406
37 620
-
-
total
29 406
37 620
-
-
Dividends
125 364
160 380
-
-
withholding
18 805
24 057
-
-
total
18 805
24 057
-
-
Income
198 000
198 000
198 000
198 000
Total tax
69 502
61 677
87 322
78 250
After tax
128 498
136 323
110 678
119 750
Living cost
21 937
21 937
21 937
21 937
Free-cash
106 561
114 386
88 741
97 813

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
₽176861
₽148935
₽186555
₽178635
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%.

-
-
-
198 000
microenterprise

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

-
-
-
1 980
total
-
-
-
1 980
Employee
11 832
-
198 000
-
income
2 366
-
39 600
-
total
2 366
-
39 600
-
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%.

186 168
198 000
-
-
total
-
-
-
-
Dividends
186 168
198 000
-
-
withholding
9 308
9 900
-
-
total
9 308
9 900
-
-
Income
198 000
198 000
198 000
198 000
Total tax
11 674
9 900
39 600
1 980
After tax
186 326
188 100
158 400
196 020
Living cost
9 465
9 465
9 465
9 465
Free-cash
176 861
178 635
148 935
186 555

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
₽67329
₽61438
₽68617
₽61943
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
-
-
-
198 000
income
-
-
-
39 918
other
-
-
-
6 137
health
-
-
-
10 245
social contributions
-
-
-
5 641
pensions
-
-
-
29 592
surtax
-
-
-
-
total
-
-
-
91 533
Employee
49 083
-
150 081
-
pensions
5 552
-
11 747
-
income
4 283
-
34 768
-
social contributions
1 398
-
4 277
-
surtax
-
-
-
-
total
11 233
-
50 792
-
Employer
49 083
-
150 081
-
health
3 435
-
15 438
-
social contributions
147
-
451
-
pensions
8 065
-
19 540
-
unemployment
1 988
-
6 078
-
other
1 694
-
6 413
-
total
15 329
-
47 920
-
Corporate
133 588
198 000
-
-
income
37 405
55 440
-
-
surtax
-
-
-
-
total
37 405
55 440
-
-
Dividends
96 183
142 560
-
-
social contributions
16 543
24 520
-
-
surtax
-
-
-
-
withholding
12 311
18 247
-
-
total
28 854
42 767
-
-
Income
198 000
198 000
198 000
198 000
Total tax
92 821
98 207
98 712
91 533
After tax
105 179
99 793
99 288
106 467
Living cost
37 850
37 850
37 850
37 850
Free-cash
67 329
61 943
61 438
68 617

Estimated living cost  is ₽37850 per week

₽25616
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
₽125698
₽116425
₽116425
₽129543
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.

-
-
-
198 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
46 236
health
-
-
-
5 948
total
-
-
-
68 063
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
-
187 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
46 236
-
total
6 864
-
57 727
-
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
-
187 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
173 977
198 000
-
-
income
26 097
29 700
-
-
total
26 097
29 700
-
-
Dividends
147 881
168 300
-
-
withholding
22 182
25 245
-
-
total
22 182
25 245
-
-
Income
198 000
198 000
198 000
198 000
Total tax
58 790
54 945
68 063
68 063
After tax
139 210
143 055
129 937
129 937
Living cost
13 512
13 512
13 512
13 512
Free-cash
125 698
129 543
116 425
116 425

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
₽60053
₽95232
₽100395
₽37251
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
-
-
-
198 000
pensions
-
-
-
18 215
city
-
-
-
2 087
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.

-
-
-
3 960
health
-
-
-
446
regional
-
-
-
12 393
national
-
-
-
7 215
total
-
-
-
44 316
Employee
62 361
-
179 207
-
health
141
-
404
-
unemployment
-
-
-
-
city
669
-
1 952
-
pensions
5 239
-
12 834
-
regional
2 042
-
11 254
-
national
295
-
6 213
-
total
8 386
-
32 657
-
Employer
62 361
-
179 207
-
health
141
-
404
-
pensions
5 239
-
12 834
-
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
-
3 584
-
total
6 627
-
16 822
-
Corporate
128 326
198 000
-
-
regional
27 140
41 877
-
-
national
10 908
16 830
-
-
total
38 048
58 707
-
-
Dividends
90 277
139 293
-
-
withholding
31 597
48 753
-
-
total
31 597
48 753
-
-
Income
198 000
198 000
198 000
198 000
Total tax
84 658
107 460
49 479
44 316
After tax
113 342
90 540
148 521
153 684
Living cost
53 289
53 289
53 289
53 289
Free-cash
60 053
37 251
95 232
100 395

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
₽92679
₽66230
₽88910
₽89697
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

-
-
-
198 000
municipal
-
-
-
35 150
health
-
-
-
2 721
national
-
-
-
41 132
total
-
-
-
79 003
Employee
41 230
-
166 569
-
health
308
-
2 238
-
unemployment
619
-
2 498
-
pensions
2 782
-
11 243
-
national
681
-
27 166
-
municipal
6 753
-
27 106
-
total
11 143
-
70 251
-
Employer
41 230
-
166 569
-
health
317
-
1 282
-
pensions
7 153
-
28 900
-
accident
42
-
167
-
unemployment
268
-
1 083
-
total
7 780
-
31 432
-
Corporate
148 990
198 000
-
-
income
29 798
39 600
-
-
total
29 798
39 600
-
-
Dividends

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

89 394
118 800
-
-
municipal
16 091
21 384
-
-
national
10 422
17 232
-
-
total
26 513
38 616
-
-
Income
198 000
198 000
198 000
198 000
Total tax
75 234
78 216
101 683
79 003
After tax
122 766
119 784
96 317
118 997
Living cost
30 087
30 087
30 087
30 087
Free-cash
92 679
89 697
66 230
88 910

Estimated living cost  is ₽30087 per week

₽19653
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
₽70283
₽37788
₽57654
₽78871
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
-
-
-
198 000
communal

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

-
-
-
10 708
social contributions
-
-
-
19 538
national
-
-
-
81 526
total
-
-
-
111 772
Employee

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

56 056
-
153 357
-
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
-
7 208
-
communal

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

2 924
-
7 999
-
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
-
1 334
-
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
-
11 502
-
national
17 234
-
58 951
-
total
27 484
-
86 994
-
Employer

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

56 056
-
153 357
-
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
-
9 432
-
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
-
13 588
-
surtax
6 356
-
17 391
-
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
-
1 993
-
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
-
2 240
-
total
16 317
-
44 644
-
Corporate
125 627
198 000
-
-
income
25 126
44 036
-
-
surtax
503
880
-
-
total
25 629
44 916
-
-
Dividends
99 999
153 083
-
-
withholding

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

29 713
45 639
-
-
total
29 713
45 639
-
-
Income
198 000
198 000
198 000
198 000
Total tax
99 143
90 555
131 638
111 772
After tax
98 857
107 445
66 362
86 228
Living cost
28 574
28 574
28 574
28 574
Free-cash
70 283
78 871
37 788
57 654

Estimated living cost  is ₽28574 per week

₽18405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
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
₽73332
₽63883
₽64708
₽74096
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
-
-
-
198 000
unemployment
-
-
-
75
municipal
-
-
-
52 604
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
25 081
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
99 280
Employee
48 465
-
174 578
-
national
-
-
24 625
-
municipal
14 452
-
52 059
-
total
14 452
-
76 684
-
Employer
48 465
-
174 578
-
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
134 308
198 000
-
-
income
29 548
43 560
-
-
total
29 548
43 560
-
-
Dividends
104 760
154 440
-
-
withholding
31 428
46 332
-
-
total
31 428
46 332
-
-
Income
198 000
198 000
198 000
198 000
Total tax
90 656
89 892
100 105
99 280
After tax
107 344
108 108
97 895
98 720
Living cost
34 013
34 013
34 013
34 013
Free-cash
73 332
74 096
63 883
64 708

Estimated living cost  is ₽34013 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
₽40830
₽148574
₽98957
₽82586
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
-
-
-
198 000
income
-
-
-
38 594
social contributions
-
-
-
22 572
total
-
-
-
61 166
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
67 112
198 000
-
-
income
14 765
43 560
-
-
total
14 765
43 560
-
-
Dividends
52 347
154 440
-
-
income
11 517
33 977
-
-
total
11 517
33 977
-
-
Income
198 000
198 000
198 000
198 000
Total tax
119 293
77 537
11 549
61 166
After tax
78 707
120 463
186 451
136 834
Living cost
37 877
37 877
37 877
37 877
Free-cash
40 830
82 586
148 574
98 957

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
₽115579
₽105332
₽106913
₽118832
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
-
-
-
198 000
income
-
-
-
47 941
health
-
-
-
5 049
social contributions
-
-
-
12 679
total
-
-
-
65 669
Employee
60 260
60 260
187 780
-
health
599
1 025
3 193
-
income
6 328
5 578
47 091
-
social contributions
2 928
5 001
6 746
-
total
9 855
11 604
57 030
-
Employer
60 260
60 260
187 780
-
health
653
1 115
3 474
-
social contributions
2 928
5 001
6 746
-
total
3 581
6 116
10 220
-
Corporate
159 145
131 623
-
-
income
19 894
16 452
-
-
total
19 894
16 452
-
-
Dividends
139 252
115 171
-
-
withholding
23 673
19 578
-
-
total
23 673
19 578
-
-
Income
198 000
198 000
198 000
198 000
Total tax
57 003
53 750
67 250
65 669
After tax
140 997
144 250
130 750
132 331
Living cost
25 418
25 418
25 418
25 418
Free-cash
115 579
118 832
105 332
106 913

Estimated living cost  is ₽25418 per week

₽17376
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.
₽5630
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
₽98993
₽80748
₽98311
₽94508
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
-
-
-
198 000
income
-
-
-
63 447
pensions
-
-
-
8 106
total
-
-
-
71 553
Employee
38 621
-
172 366
-
health
504
-
2 247
-
pensions
2 948
-
9 499
-
income
7 033
-
51 736
-
total
10 485
-
63 482
-
Employer
38 621
-
172 366
-
health
734
-
3 275
-
pensions
3 902
-
22 359
-
total
4 636
-
25 634
-
Corporate
154 743
198 000
-
-
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.

29 402
37 620
-
-
total
29 402
37 620
-
-
Dividends
125 341
160 380
-
-
withholding
26 348
37 736
-
-
total
26 348
37 736
-
-
Income
198 000
198 000
198 000
198 000
Total tax
70 871
75 356
89 116
71 553
After tax
127 129
122 644
108 884
126 447
Living cost
28 136
28 136
28 136
28 136
Free-cash
98 993
94 508
80 748
98 311

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
₽69510
₽56550
₽62987
₽73073
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
-
-
-
198 000
municipal
-
-
-
1 429
regional
-
-
-
5 026
social contributions
-
-
-
39 222
national
-
-
-
58 117
total
-
-
-
103 794
Employee
66 037
-
198 000
-
social contributions
22 267
-
51 421
-
regional
997
-
4 620
-
national
11 160
-
52 871
-
municipal
394
-
1 319
-
total
34 818
-
110 231
-
Employer
66 037
-
198 000
-
total
-
-
-
-
Corporate
131 963
198 000
-
-
nationa
31 670
47 521
-
-
municipal
6 361
9 543
-
-
total
38 031
57 064
-
-
Dividends
93 932
140 936
-
-
withholding
24 422
36 644
-
-
total
24 422
36 644
-
-
Income
198 000
198 000
198 000
198 000
Total tax
97 271
93 708
110 231
103 794
After tax
100 729
104 292
87 769
94 206
Living cost
31 219
31 219
31 219
31 219
Free-cash
69 510
73 073
56 550
62 987

Estimated living cost  is ₽31219 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
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
₽13469
₽93062
₽118386
-₽699
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
-
-
-
198 000
pensions
-
-
-
3 165
income
-
-
-
57 579
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
62 877
Employee
26 328
-
182 115
-
health
3 015
-
20 852
-
pensions
2 965
-
5 804
-
income
3 612
-
45 661
-
total
9 592
-
72 317
-
Employer
26 328
-
182 115
-
pensions
4 281
-
8 381
-
accident
440
-
3 041
-
unemployment
645
-
4 462
-
total
5 366
-
15 884
-
Corporate
166 307
198 000
-
-
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.

149 676
178 200
-
-
total
149 676
178 200
-
-
Dividends
16 631
19 800
-
-
withholding
3 160
3 762
-
-
total
3 160
3 762
-
-
Income
198 000
198 000
198 000
198 000
Total tax
167 794
181 962
88 201
62 877
After tax
30 206
16 038
109 799
135 123
Living cost
16 737
16 737
16 737
16 737
Free-cash
13 469
-699
93 062
118 386

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
₽81800
₽90807
₽67622
₽71548
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.

-
-
-
198 000
trade
-
-
-
23 185
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.

-
-
-
67 853
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.

-
-
-
3 731
total
-
-
-
100 123
Employee

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

38 992
-
198 000
-
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
-
67 853
-
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
-
3 731
-
total
8 737
-
76 938
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 008
198 000
-
-
income
23 851
29 700
-
-
trade
22 817
28 414
-
-
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.

1 312
1 633
-
-
chamber of commerce
352
409
-
-
total
48 332
60 156
-
-
Dividends
110 675
137 845
-
-
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.

1 505
1 878
-
-
withholding
27 371
34 163
-
-
total
28 876
36 041
-
-
Income
198 000
198 000
198 000
198 000
Total tax
85 945
96 197
76 938
100 123
After tax
112 055
101 803
121 062
97 877
Living cost
30 255
30 255
30 255
30 255
Free-cash
81 800
71 548
90 807
67 622

Estimated living cost  is ₽30255 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
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
₽135667
₽70923
₽57174
₽142096
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.

-
-
-
198 000
income
-
-
-
44 006
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.

-
-
-
30 026
surtax
-
-
-
50 490
total
-
-
-
124 522
Employee
22 899
-
158 109
-
income
4 076
-
37 683
-
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
-
10 273
-
surtax
-
-
22 926
-
total
6 595
-
70 882
-
Employer
22 899
-
158 109
-
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
-
22 499
-
surtax
-
-
17 392
-
total
5 516
-
39 891
-
Corporate
169 585
198 000
-
-
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%.

33 918
39 600
-
-
total
33 918
39 600
-
-
Dividends

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

135 667
158 400
-
-
total
-
-
-
-
Income
198 000
198 000
198 000
198 000
Total tax
46 029
39 600
110 773
124 522
After tax
151 971
158 400
87 227
73 478
Living cost
16 304
16 304
16 304
16 304
Free-cash
135 667
142 096
70 923
57 174

Estimated living cost  is ₽16304 per week

₽10401
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
₽112208
₽112542
₽113236
₽113809
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
-
-
-
198 000
income
-
-
-
62 762
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
75 021
Employee
14 840
-
190 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
62 389
-
total
5 097
-
67 719
-
Employer
14 840
-
190 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
179 821
198 000
-
-
income
39 561
43 560
-
-
total
39 561
43 560
-
-
Dividends
140 260
154 440
-
-
withholding
28 052
30 888
-
-
total
28 052
30 888
-
-
Income
198 000
198 000
198 000
198 000
Total tax
76 049
74 448
75 715
75 021
After tax
121 951
123 552
122 285
122 979
Living cost
9 743
9 743
9 743
9 743
Free-cash
112 208
113 809
112 542
113 236

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
₽104446
₽70511
₽75305
₽106940
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
-
-
-
198 000
pensions
-
-
-
20 918
unemployment
-
-
-
178
income
-
-
-
65 259
other
-
-
-
-
health
-
-
-
7 425
surtax
-
-
-
11 313
total
-
-
-
105 093
Employee
26 391
-
175 984
-
health
674
-
2 666
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 976
-
income
4 424
-
60 573
-
other
-
-
-
-
surtax
94
-
10 376
-
total
8 790
-
87 871
-
Employer
26 391
-
175 984
-
health
1 200
-
4 759
-
pensions
3 519
-
13 942
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 016
-
Corporate
166 053
198 000
-
-
income
43 174
51 479
-
-
total
43 174
51 479
-
-
Dividends
122 879
146 521
-
-
withholding
18 432
21 979
-
-
total
18 432
21 979
-
-
Income
198 000
198 000
198 000
198 000
Total tax
75 952
73 458
109 887
105 093
After tax
122 048
124 542
88 113
92 907
Living cost
17 602
17 602
17 602
17 602
Free-cash
104 446
106 940
70 511
75 305

Estimated living cost  is ₽17602 per week

₽10627
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
₽83674
₽26403
₽76232
₽84063
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
-
-
-
198 000
pensions
-
-
-
16 937
chamber of commerce