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
₽ 198500
per

Your estimated
City
free-cash

Valencia , Spain
₽106572
₽85880
₽89169
₽110034
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
-
-
-
198 500
unemployment
-
-
-
509
income
-
-
-
65 988
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
87 780
Employee
28 978
-
175 342
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
63 297
-
other
28
-
73
-
total
7 426
-
67 911
-
Employer
28 978
-
175 342
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
160 283
198 500
-
-
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.

24 043
29 774
-
-
total
24 043
29 774
-
-
Dividends
136 241
168 726
-
-
withholding
29 670
37 141
-
-
total
29 670
37 141
-
-
Income
198 500
198 500
198 500
198 500
Total tax
70 377
66 915
91 069
87 780
After tax
128 123
131 585
107 431
110 720
Living cost
21 551
21 551
21 551
21 551
Free-cash
106 572
110 034
85 880
89 169

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽119662
₽100089
₽101678
₽124954
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
-
-
-
198 500
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
28 602
income
-
-
-
36 433
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
75 939
Employee
28 456
-
168 077
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

1 991
-
8 342
-
income
4 899
-
35 903
-
total
7 573
-
47 105
-
Employer
28 456
-
168 077
-
health
399
-
1 669
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

4 838
-
20 261
-
accident
228
-
1 344
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 423
-
Corporate
162 873
198 500
-
-
income
34 203
41 686
-
-
total
34 203
41 686
-
-
Dividends
128 670
156 814
-
-
withholding
9 007
10 977
-
-
total
9 007
10 977
-
-
Income
198 500
198 500
198 500
198 500
Total tax
57 955
52 663
77 528
75 939
After tax
140 545
145 837
120 972
122 561
Living cost
20 883
20 883
20 883
20 883
Free-cash
119 662
124 954
100 089
101 678

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽155808
₽159586
₽151148
₽159448
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
-
-
-
198 500
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
-
-
-
29 775
health
-
-
-
3 147
total
-
-
-
37 081
Employee
13 600
-
193 132
-
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
-
19 313
-
total
3 330
-
23 276
-
Employer
13 600
-
193 132
-
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
182 232
198 500
-
-
income
18 223
19 850
-
-
total
18 223
19 850
-
-
Dividends
164 009
178 650
-
-
withholding
8 200
8 932
-
-
total
8 200
8 932
-
-
Income
198 500
198 500
198 500
198 500
Total tax
32 422
28 782
28 644
37 081
After tax
166 078
169 718
169 856
161 419
Living cost
10 270
10 270
10 270
10 270
Free-cash
155 808
159 448
159 586
151 148

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
₽77860
₽72662
₽79885
₽73231
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
-
-
-
198 500
income
-
-
-
40 079
other
-
-
-
6 154
health
-
-
-
10 280
social contributions
-
-
-
5 656
pensions
-
-
-
29 633
surtax
-
-
-
-
total
-
-
-
91 802
Employee
33 541
-
150 440
-
pensions
3 792
-
11 783
-
income
1 980
-
34 896
-
social contributions
956
-
4 286
-
surtax
-
-
-
-
total
6 728
-
50 965
-
Employer
33 541
-
150 440
-
health
2 348
-
15 484
-
social contributions
101
-
451
-
pensions
5 510
-
19 601
-
unemployment
1 358
-
6 093
-
other
1 157
-
6 431
-
total
10 474
-
48 060
-
Corporate
154 484
198 500
-
-
income
43 256
55 581
-
-
surtax
-
-
-
-
total
43 256
55 581
-
-
Dividends
111 228
142 919
-
-
social contributions
19 132
24 581
-
-
surtax
-
-
-
-
withholding
14 237
18 294
-
-
total
33 369
42 875
-
-
Income
198 500
198 500
198 500
198 500
Total tax
93 827
98 456
99 025
91 802
After tax
104 673
100 044
99 475
106 698
Living cost
26 813
26 813
26 813
26 813
Free-cash
77 860
73 231
72 662
79 885

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽61545
₽94078
₽72551
₽66347
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
-
-
-
198 500
pensions
-
-
-
9 182
income
-
-
-
74 272
health
-
-
-
9 664
total
-
-
-
93 118
Employee
66 925
66 925
183 936
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
38 180
-
total
33 274
28 874
57 026
-
Employer
66 925
66 925
183 936
-
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
120 676
119 855
-
-
income
24 135
23 971
-
-
total
24 135
23 971
-
-
Dividends
96 542
95 884
-
-
income
20 515
20 375
-
-
withholding
14 481
14 383
-
-
total
34 996
34 758
-
-
Income
198 500
198 500
198 500
198 500
Total tax
104 124
99 322
71 591
93 118
After tax
94 376
99 178
126 909
105 382
Living cost
32 831
32 831
32 831
32 831
Free-cash
61 545
66 347
94 078
72 551

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽84947
₽97603
₽72078
₽76279
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.

-
-
-
198 500
trade
-
-
-
25 525
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.

-
-
-
68 062
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.

-
-
-
3 743
total
-
-
-
102 684
Employee

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

29 975
-
198 500
-
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
-
68 062
-
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
-
3 743
-
total
6 237
-
77 159
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 525
198 500
-
-
income
25 278
29 774
-
-
trade
26 543
31 263
-
-
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.

1 391
1 637
-
-
chamber of commerce
361
405
-
-
total
53 573
63 079
-
-
Dividends
114 952
135 421
-
-
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.

1 565
1 846
-
-
withholding
28 440
33 558
-
-
total
30 005
35 404
-
-
Income
198 500
198 500
198 500
198 500
Total tax
89 815
98 483
77 159
102 684
After tax
108 685
100 017
121 341
95 816
Living cost
23 738
23 738
23 738
23 738
Free-cash
84 947
76 279
97 603
72 078

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Larnaca , Cyprus
₽122202
₽112921
₽114504
₽126464
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
-
-
-
198 500
income
-
-
-
48 110
health
-
-
-
5 061
social contributions
-
-
-
12 680
total
-
-
-
65 851
Employee
60 263
60 263
188 271
-
health
467
1 025
3 201
-
income
6 562
5 579
47 258
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
57 205
-
Employer
60 263
60 263
188 271
-
health
507
1 115
3 483
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 229
-
Corporate
168 262
132 120
-
-
income
21 032
16 516
-
-
total
21 032
16 516
-
-
Dividends
147 230
115 604
-
-
withholding
25 029
19 652
-
-
total
25 029
19 652
-
-
Income
198 500
198 500
198 500
198 500
Total tax
58 153
53 891
67 434
65 851
After tax
140 347
144 609
131 066
132 649
Living cost
18 145
18 145
18 145
18 145
Free-cash
122 202
126 464
112 921
114 504

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽87538
₽61516
₽77845
₽88325
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.

-
-
-
198 500
income
-
-
-
27 094
social contributions

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

-
-
-
68 979
surtax
-
-
-
-
total
-
-
-
96 073
Employee
36 044
-
160 405
-
income
7 497
-
56 068
-
social contributions
3 965
-
17 644
-
surtax
-
-
595
-
total
11 462
-
74 307
-
Employer
36 044
-
160 405
-
social contributions
8 560
-
38 095
-
total
8 560
-
38 095
-
Corporate
153 895
198 500
-
-
income
32 317
41 686
-
-
surtax
-
-
-
-
total
32 317
41 686
-
-
Dividends
121 578
156 814
-
-
withholding
34 041
43 907
-
-
total
34 041
43 907
-
-
Income
198 500
198 500
198 500
198 500
Total tax
86 380
85 593
112 402
96 073
After tax
112 120
112 907
86 098
102 427
Living cost
24 582
24 582
24 582
24 582
Free-cash
87 538
88 325
61 516
77 845

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽181363
₽152726
₽190441
₽182501
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%.

-
-
-
198 500
microenterprise

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

-
-
-
1 985
total
-
-
-
1 985
Employee
7 592
-
198 500
-
income
1 518
-
39 700
-
total
1 518
-
39 700
-
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%.

190 908
198 500
-
-
total
-
-
-
-
Dividends
190 908
198 500
-
-
withholding
9 545
9 925
-
-
total
9 545
9 925
-
-
Income
198 500
198 500
198 500
198 500
Total tax
11 063
9 925
39 700
1 985
After tax
187 437
188 575
158 800
196 515
Living cost
6 074
6 074
6 074
6 074
Free-cash
181 363
182 501
152 726
190 441

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
₽109091
₽64484
₽68795
₽115646
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.

-
-
-
198 500
pensions
-
-
-
36 251
unemployment
-
-
-
297
income
-
-
-
52 604
health
-
-
-
19 532
total
-
-
-
108 684
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
171 758
-
health
2 238
-
11 095
-
unemployment
49
-
241
-
pensions
5 372
-
26 623
-
income
5 976
-
48 294
-
total
13 635
-
86 253
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
171 758
-
health
2 308
-
11 438
-
pensions
3 067
-
15 201
-
unemployment
21
-
103
-
total
5 396
-
26 742
-
Corporate
158 449
198 500
-
-
income
30 106
37 715
-
-
total
30 106
37 715
-
-
Dividends
128 343
160 785
-
-
withholding
19 251
24 118
-
-
total
19 251
24 118
-
-
Income
198 500
198 500
198 500
198 500
Total tax
68 388
61 833
112 995
108 684
After tax
130 112
136 667
85 505
89 816
Living cost
21 021
21 021
21 021
21 021
Free-cash
109 091
115 646
64 484
68 795

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽99175
₽108999
₽135322
₽96437
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.

-
-
-
198 500
income
-
-
-
29 774
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
-
-
-
34 729
Employee
35 952
-
194 895
-
social contributions
3 602
-
3 605
-
income
3 901
-
53 842
-
total
7 503
-
57 447
-
Employer
35 952
-
194 895
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
158 946
198 500
-
-
income
55 631
69 474
-
-
total
55 631
69 474
-
-
Dividends
103 315
129 026
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
198 500
198 500
198 500
198 500
Total tax
70 876
73 614
61 052
34 729
After tax
127 624
124 886
137 448
163 771
Living cost
28 449
28 449
28 449
28 449
Free-cash
99 175
96 437
108 999
135 322

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽104891
₽104990
₽110860
₽104485
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
-
-
-
198 500
income
-
-
-
29 774
health
-
-
-
13 855
social contributions
-
-
-
27 393
total
-
-
-
71 022
Employee
26 572
-
198 500
-
health
1 855
-
13 855
-
income
4 432
-
35 644
-
social contributions
3 668
-
27 393
-
total
9 955
-
76 892
-
Employer
26 572
-
198 500
-
total
-
-
-
-
Corporate
171 928
198 500
-
-
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%.

8 596
9 924
-
-
total
8 596
9 924
-
-
Dividends
163 332
188 576
-
-
social contributions
22 540
26 024
-
-
withholding
24 499
28 287
-
-
health
11 401
13 162
-
-
total
58 440
67 473
-
-
Income
198 500
198 500
198 500
198 500
Total tax
76 991
77 397
76 892
71 022
After tax
121 509
121 103
121 608
127 478
Living cost
16 618
16 618
16 618
16 618
Free-cash
104 891
104 485
104 990
110 860

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽106906
₽89051
₽98151
₽114730
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
-
-
-
198 500
income
-
-
-
21 913
health
-
-
-
26 797
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 085
total
-
-
-
78 412
Employee
32 261
-
161 989
-
health
4 355
-
21 868
-
solidarity contribution
-
-
3 268
-
income
3 871
-
20 163
-
social contributions
2 097
-
5 702
-
total
10 323
-
51 001
-
Employer
32 261
-
161 989
-
health
2 903
-
14 579
-
social contributions
8 065
-
21 932
-
total
10 968
-
36 511
-
Corporate
155 271
198 500
-
-
income
29 501
37 715
-
-
total
29 501
37 715
-
-
Dividends
125 769
160 785
-
-
withholding
18 865
24 118
-
-
total
18 865
24 118
-
-
Income
198 500
198 500
198 500
198 500
Total tax
69 657
61 833
87 512
78 412
After tax
128 843
136 667
110 988
120 088
Living cost
21 937
21 937
21 937
21 937
Free-cash
106 906
114 730
89 051
98 151

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
₽177336
₽149335
₽187050
₽179110
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%.

-
-
-
198 500
microenterprise

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

-
-
-
1 985
total
-
-
-
1 985
Employee
11 832
-
198 500
-
income
2 366
-
39 700
-
total
2 366
-
39 700
-
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%.

186 668
198 500
-
-
total
-
-
-
-
Dividends
186 668
198 500
-
-
withholding
9 333
9 925
-
-
total
9 333
9 925
-
-
Income
198 500
198 500
198 500
198 500
Total tax
11 699
9 925
39 700
1 985
After tax
186 801
188 575
158 800
196 515
Living cost
9 465
9 465
9 465
9 465
Free-cash
177 336
179 110
149 335
187 050

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
₽67579
₽61623
₽68846
₽62192
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
-
-
-
198 500
income
-
-
-
40 079
other
-
-
-
6 154
health
-
-
-
10 280
social contributions
-
-
-
5 656
pensions
-
-
-
29 633
surtax
-
-
-
-
total
-
-
-
91 802
Employee
49 085
-
150 440
-
pensions
5 552
-
11 783
-
income
4 283
-
34 896
-
social contributions
1 398
-
4 286
-
surtax
-
-
-
-
total
11 233
-
50 965
-
Employer
49 085
-
150 440
-
health
3 435
-
15 484
-
social contributions
147
-
451
-
pensions
8 065
-
19 601
-
unemployment
1 988
-
6 093
-
other
1 694
-
6 431
-
total
15 329
-
48 060
-
Corporate
134 085
198 500
-
-
income
37 544
55 581
-
-
surtax
-
-
-
-
total
37 544
55 581
-
-
Dividends
96 541
142 919
-
-
social contributions
16 606
24 581
-
-
surtax
-
-
-
-
withholding
12 357
18 294
-
-
total
28 963
42 875
-
-
Income
198 500
198 500
198 500
198 500
Total tax
93 069
98 456
99 025
91 802
After tax
105 431
100 044
99 475
106 698
Living cost
37 852
37 852
37 852
37 852
Free-cash
67 579
62 192
61 623
68 846

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽126059
₽116800
₽116800
₽129904
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.

-
-
-
198 500
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
46 361
health
-
-
-
5 948
total
-
-
-
68 188
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
-
188 164
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
46 361
-
total
6 864
-
57 852
-
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
-
188 164
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
174 477
198 500
-
-
income
26 172
29 775
-
-
total
26 172
29 775
-
-
Dividends
148 306
168 725
-
-
withholding
22 246
25 309
-
-
total
22 246
25 309
-
-
Income
198 500
198 500
198 500
198 500
Total tax
58 929
55 084
68 188
68 188
After tax
139 571
143 416
130 312
130 312
Living cost
13 512
13 512
13 512
13 512
Free-cash
126 059
129 904
116 800
116 800

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
₽60280
₽95589
₽100750
₽37479
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
-
-
-
198 500
pensions
-
-
-
18 262
city
-
-
-
2 093
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.

-
-
-
3 970
health
-
-
-
446
regional
-
-
-
12 437
national
-
-
-
7 253
total
-
-
-
44 461
Employee
62 361
-
179 669
-
health
141
-
404
-
unemployment
-
-
-
-
city
669
-
1 957
-
pensions
5 239
-
12 857
-
regional
2 042
-
11 298
-
national
295
-
6 252
-
total
8 386
-
32 768
-
Employer
62 361
-
179 669
-
health
141
-
404
-
pensions
5 239
-
12 857
-
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
-
3 593
-
total
6 627
-
16 854
-
Corporate
128 826
198 500
-
-
regional
27 247
41 983
-
-
national
10 951
16 873
-
-
total
38 198
58 856
-
-
Dividends
90 628
139 644
-
-
withholding
31 720
48 876
-
-
total
31 720
48 876
-
-
Income
198 500
198 500
198 500
198 500
Total tax
84 931
107 732
49 622
44 461
After tax
113 569
90 768
148 878
154 039
Living cost
53 289
53 289
53 289
53 289
Free-cash
60 280
37 479
95 589
100 750

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
₽92957
₽66419
₽89158
₽89948
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

-
-
-
198 500
municipal
-
-
-
35 238
health
-
-
-
2 729
national
-
-
-
41 286
total
-
-
-
79 253
Employee
41 232
-
166 989
-
health
308
-
2 244
-
unemployment
619
-
2 504
-
pensions
2 783
-
11 272
-
national
681
-
27 285
-
municipal
6 754
-
27 175
-
total
11 145
-
70 480
-
Employer
41 232
-
166 989
-
health
317
-
1 286
-
pensions
7 154
-
28 973
-
accident
42
-
167
-
unemployment
268
-
1 086
-
total
7 781
-
31 512
-
Corporate
149 488
198 500
-
-
income
29 898
39 700
-
-
total
29 898
39 700
-
-
Dividends

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

89 693
119 100
-
-
municipal
16 145
21 438
-
-
national
10 485
17 325
-
-
total
26 630
38 763
-
-
Income
198 500
198 500
198 500
198 500
Total tax
75 454
78 463
101 992
79 253
After tax
123 046
120 037
96 508
119 247
Living cost
30 089
30 089
30 089
30 089
Free-cash
92 957
89 948
66 419
89 158

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Brussels , Belgium
₽70562
₽37941
₽57873
₽79116
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
-
-
-
198 500
communal

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

-
-
-
10 738
social contributions
-
-
-
19 539
national
-
-
-
81 775
total
-
-
-
112 052
Employee

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

56 059
-
153 745
-
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
-
7 226
-
communal

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

2 924
-
8 019
-
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
-
1 337
-
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
-
11 530
-
national
17 235
-
59 120
-
total
27 485
-
87 232
-
Employer

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

56 059
-
153 745
-
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
-
9 454
-
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
-
13 622
-
surtax
6 356
-
17 433
-
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
-
1 999
-
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.

818
-
2 244
-
total
16 317
-
44 752
-
Corporate
126 123
198 500
-
-
income
25 225
44 180
-
-
surtax
504
883
-
-
total
25 729
45 063
-
-
Dividends
100 394
153 437
-
-
withholding

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

29 832
45 746
-
-
total
29 832
45 746
-
-
Income
198 500
198 500
198 500
198 500
Total tax
99 363
90 809
131 984
112 052
After tax
99 137
107 691
66 516
86 448
Living cost
28 575
28 575
28 575
28 575
Free-cash
70 562
79 116
37 941
57 873

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽73604
₽64108
₽64933
₽74368
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
-
-
-
198 500
unemployment
-
-
-
75
municipal
-
-
-
52 753
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
25 206
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
99 554
Employee
48 465
-
175 078
-
national
-
-
24 750
-
municipal
14 452
-
52 208
-
total
14 452
-
76 958
-
Employer
48 465
-
175 078
-
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
134 808
198 500
-
-
income
29 658
43 670
-
-
total
29 658
43 670
-
-
Dividends
105 150
154 830
-
-
withholding
31 545
46 449
-
-
total
31 545
46 449
-
-
Income
198 500
198 500
198 500
198 500
Total tax
90 883
90 119
100 379
99 554
After tax
107 617
108 381
98 121
98 946
Living cost
34 012
34 012
34 012
34 012
Free-cash
73 604
74 368
64 108
64 933

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽41135
₽149074
₽99302
₽82890
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
-
-
-
198 500
income
-
-
-
38 692
social contributions
-
-
-
22 629
total
-
-
-
61 321
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
67 612
198 500
-
-
income
14 875
43 670
-
-
total
14 875
43 670
-
-
Dividends
52 737
154 830
-
-
income
11 602
34 063
-
-
total
11 602
34 063
-
-
Income
198 500
198 500
198 500
198 500
Total tax
119 488
77 733
11 549
61 321
After tax
79 012
120 767
186 951
137 179
Living cost
37 877
37 877
37 877
37 877
Free-cash
41 135
82 890
149 074
99 302

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
₽115942
₽105647
₽107230
₽119190
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
-
-
-
198 500
income
-
-
-
48 110
health
-
-
-
5 061
social contributions
-
-
-
12 680
total
-
-
-
65 851
Employee
60 263
60 263
188 271
-
health
599
1 025
3 201
-
income
6 328
5 579
47 258
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
57 205
-
Employer
60 263
60 263
188 271
-
health
653
1 115
3 483
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 229
-
Corporate
159 643
132 120
-
-
income
19 956
16 516
-
-
total
19 956
16 516
-
-
Dividends
139 688
115 604
-
-
withholding
23 747
19 652
-
-
total
23 747
19 652
-
-
Income
198 500
198 500
198 500
198 500
Total tax
57 139
53 891
67 434
65 851
After tax
141 361
144 609
131 066
132 649
Living cost
25 419
25 419
25 419
25 419
Free-cash
115 942
119 190
105 647
107 230

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽99268
₽81001
₽98606
₽94782
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
-
-
-
198 500
income
-
-
-
63 642
pensions
-
-
-
8 116
total
-
-
-
71 758
Employee
38 621
-
172 800
-
health
504
-
2 252
-
pensions
2 948
-
9 507
-
income
7 033
-
51 904
-
total
10 485
-
63 663
-
Employer
38 621
-
172 800
-
health
734
-
3 283
-
pensions
3 902
-
22 417
-
total
4 636
-
25 700
-
Corporate
155 243
198 500
-
-
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.

29 495
37 715
-
-
total
29 495
37 715
-
-
Dividends
125 748
160 785
-
-
withholding
26 480
37 867
-
-
total
26 480
37 867
-
-
Income
198 500
198 500
198 500
198 500
Total tax
71 096
75 582
89 363
71 758
After tax
127 404
122 918
109 137
126 742
Living cost
28 136
28 136
28 136
28 136
Free-cash
99 268
94 782
81 001
98 606

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
₽69770
₽56810
₽63248
₽73336
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
-
-
-
198 500
municipal
-
-
-
1 434
regional
-
-
-
5 042
social contributions
-
-
-
39 224
national
-
-
-
58 331
total
-
-
-
104 031
Employee
66 040
-
198 500
-
social contributions
22 268
-
51 424
-
regional
997
-
4 636
-
national
11 160
-
53 085
-
municipal
394
-
1 324
-
total
34 819
-
110 469
-
Employer
66 040
-
198 500
-
total
-
-
-
-
Corporate
132 460
198 500
-
-
nationa
31 791
47 640
-
-
municipal
6 385
9 567
-
-
total
38 176
57 207
-
-
Dividends
94 284
141 292
-
-
withholding
24 514
36 736
-
-
total
24 514
36 736
-
-
Income
198 500
198 500
198 500
198 500
Total tax
97 509
93 943
110 469
104 031
After tax
100 991
104 557
88 031
94 469
Living cost
31 221
31 221
31 221
31 221
Free-cash
69 770
73 336
56 810
63 248

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽13510
₽93352
₽118726
-₽658
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
-
-
-
198 500
pensions
-
-
-
3 165
income
-
-
-
57 739
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
63 037
Employee
26 328
-
182 596
-
health
3 015
-
20 907
-
pensions
2 965
-
5 804
-
income
3 612
-
45 797
-
total
9 592
-
72 508
-
Employer
26 328
-
182 596
-
pensions
4 281
-
8 381
-
accident
440
-
3 049
-
unemployment
645
-
4 473
-
total
5 366
-
15 903
-
Corporate
166 807
198 500
-
-
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.

150 126
178 650
-
-
total
150 126
178 650
-
-
Dividends
16 681
19 850
-
-
withholding
3 169
3 771
-
-
total
3 169
3 771
-
-
Income
198 500
198 500
198 500
198 500
Total tax
168 253
182 421
88 411
63 037
After tax
30 247
16 079
110 089
135 463
Living cost
16 737
16 737
16 737
16 737
Free-cash
13 510
-658
93 352
118 726

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
₽82056
₽91084
₽67828
₽71802
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.

-
-
-
198 500
trade
-
-
-
23 256
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.

-
-
-
68 062
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.

-
-
-
3 743
total
-
-
-
100 415
Employee

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

38 994
-
198 500
-
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
-
68 062
-
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
-
3 743
-
total
8 737
-
77 159
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
159 506
198 500
-
-
income
23 927
29 774
-
-
trade
22 888
28 485
-
-
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.

1 316
1 637
-
-
chamber of commerce
352
410
-
-
total
48 483
60 306
-
-
Dividends
111 022
138 193
-
-
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.

1 510
1 884
-
-
withholding
27 457
34 251
-
-
total
28 967
36 135
-
-
Income
198 500
198 500
198 500
198 500
Total tax
86 187
96 441
77 159
100 415
After tax
112 313
102 059
121 341
98 085
Living cost
30 257
30 257
30 257
30 257
Free-cash
82 056
71 802
91 084
67 828

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Riga , Latvia
₽136068
₽71167
₽57388
₽142496
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.

-
-
-
198 500
income
-
-
-
44 163
microenterprise
-
-
-
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
30 027
surtax
-
-
-
50 618
total
-
-
-
124 808
Employee
22 900
-
158 557
-
income
4 076
-
37 823
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

2 519
-
10 274
-
surtax
-
-
22 991
-
total
6 595
-
71 088
-
Employer
22 900
-
158 557
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

5 516
-
22 500
-
surtax
-
-
17 441
-
total
5 516
-
39 941
-
Corporate
170 084
198 500
-
-
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%.

34 017
39 700
-
-
total
34 017
39 700
-
-
Dividends

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

136 066
158 800
-
-
total
-
-
-
-
Income
198 500
198 500
198 500
198 500
Total tax
46 128
39 700
111 029
124 808
After tax
152 372
158 800
87 471
73 692
Living cost
16 304
16 304
16 304
16 304
Free-cash
136 068
142 496
71 167
57 388

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽112520
₽112867
₽113561
₽114121
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
-
-
-
198 500
income
-
-
-
62 937
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
75 196
Employee
14 840
-
190 505
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
62 564
-
total
5 097
-
67 894
-
Employer
14 840
-
190 505
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
180 321
198 500
-
-
income
39 671
43 670
-
-
total
39 671
43 670
-
-
Dividends
140 651
154 830
-
-
withholding
28 130
30 966
-
-
total
28 130
30 966
-
-
Income
198 500
198 500
198 500
198 500
Total tax
76 237
74 636
75 890
75 196
After tax
122 263
123 864
122 610
123 304
Living cost
9 743
9 743
9 743
9 743
Free-cash
112 520
114 121
112 867
113 561

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
₽104758
₽70739
₽75532
₽107254
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
-
-
-
198 500
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
65 484
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
11 358
total
-
-
-
105 365
Employee
26 392
-
176 483
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
60 796
-
other
-
-
-
-
surtax
94
-
10 421
-
total
8 791
-
88 141
-
Employer
26 392
-
176 483
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
166 551
198 500
-
-
income
43 304
51 610
-
-
total
43 304
51 610
-
-
Dividends
123 248
146 890
-
-
withholding
18 488
22 033
-
-
total
18 488
22 033
-
-
Income
198 500
198 500
198 500
198 500
Total tax
76 139
73 643
110 158
105 365
After tax
122 361
124 857
88 342
93 135
Living cost
17 603
17 603
17 603
17 603
Free-cash
104 758
107 254
70 739
75 532

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽83945
₽26519
₽76479
₽84334
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
-
-
-
198 500
pensions
-
-
-
16 938
chamber of commerce