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
₽ 199000
per

Your estimated
City
free-cash

Valencia , Spain
₽106901
₽86155
₽89445
₽110360
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
-
-
-
199 000
unemployment
-
-
-
509
income
-
-
-
66 212
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
88 004
Employee
28 978
-
175 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
63 522
-
other
28
-
73
-
total
7 426
-
68 136
-
Employer
28 978
-
175 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
160 783
199 000
-
-
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.

24 117
29 850
-
-
total
24 117
29 850
-
-
Dividends
136 666
169 150
-
-
withholding
29 767
37 239
-
-
total
29 767
37 239
-
-
Income
199 000
199 000
199 000
199 000
Total tax
70 548
67 089
91 294
88 004
After tax
128 452
131 911
107 706
110 996
Living cost
21 551
21 551
21 551
21 551
Free-cash
106 901
110 360
86 155
89 445

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
₽120028
₽100460
₽102053
₽125323
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
-
-
-
199 000
pensions

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

-
-
-
28 602
income
-
-
-
36 558
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
76 064
Employee
28 456
-
168 573
-
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
-
36 027
-
total
7 573
-
47 229
-
Employer
28 456
-
168 573
-
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
-
1 349
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 428
-
Corporate
163 373
199 000
-
-
income
34 309
41 790
-
-
total
34 309
41 790
-
-
Dividends
129 064
157 210
-
-
withholding
9 035
11 004
-
-
total
9 035
11 004
-
-
Income
199 000
199 000
199 000
199 000
Total tax
58 089
52 794
77 657
76 064
After tax
140 911
146 206
121 343
122 936
Living cost
20 883
20 883
20 883
20 883
Free-cash
120 028
125 323
100 460
102 053

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
₽156234
₽160036
₽151574
₽159874
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
-
-
-
199 000
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
-
-
-
29 850
health
-
-
-
3 147
total
-
-
-
37 156
Employee
13 600
-
193 632
-
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
-
19 363
-
total
3 330
-
23 326
-
Employer
13 600
-
193 632
-
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
182 732
199 000
-
-
income
18 273
19 900
-
-
total
18 273
19 900
-
-
Dividends
164 459
179 100
-
-
withholding
8 223
8 955
-
-
total
8 223
8 955
-
-
Income
199 000
199 000
199 000
199 000
Total tax
32 495
28 855
28 694
37 156
After tax
166 505
170 145
170 306
161 844
Living cost
10 270
10 270
10 270
10 270
Free-cash
156 234
159 874
160 036
151 574

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
₽78113
₽72846
₽80117
₽73482
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
-
-
-
199 000
income
-
-
-
40 241
other
-
-
-
6 169
health
-
-
-
10 317
social contributions
-
-
-
5 669
pensions
-
-
-
29 674
surtax
-
-
-
-
total
-
-
-
92 070
Employee
33 541
-
150 797
-
pensions
3 792
-
11 819
-
income
1 980
-
35 024
-
social contributions
956
-
4 297
-
surtax
-
-
-
-
total
6 728
-
51 140
-
Employer
33 541
-
150 797
-
health
2 348
-
15 531
-
social contributions
101
-
452
-
pensions
5 510
-
19 660
-
unemployment
1 358
-
6 107
-
other
1 157
-
6 451
-
total
10 474
-
48 201
-
Corporate
154 984
199 000
-
-
income
43 396
55 721
-
-
surtax
-
-
-
-
total
43 396
55 721
-
-
Dividends
111 588
143 279
-
-
social contributions
19 193
24 643
-
-
surtax
-
-
-
-
withholding
14 283
18 341
-
-
total
33 476
42 984
-
-
Income
199 000
199 000
199 000
199 000
Total tax
94 074
98 705
99 341
92 070
After tax
104 926
100 295
99 659
106 930
Living cost
26 813
26 813
26 813
26 813
Free-cash
78 113
73 482
72 846
80 117

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
₽61799
₽94398
₽72793
₽66603
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
-
-
-
199 000
pensions
-
-
-
9 182
income
-
-
-
74 530
health
-
-
-
9 664
total
-
-
-
93 376
Employee
66 925
66 925
184 436
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
38 360
-
total
33 274
28 874
57 206
-
Employer
66 925
66 925
184 436
-
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
121 176
120 355
-
-
income
24 236
24 071
-
-
total
24 236
24 071
-
-
Dividends
96 940
96 285
-
-
income
20 600
20 460
-
-
withholding
14 541
14 442
-
-
total
35 141
34 902
-
-
Income
199 000
199 000
199 000
199 000
Total tax
104 370
99 566
71 771
93 376
After tax
94 630
99 434
127 229
105 624
Living cost
32 831
32 831
32 831
32 831
Free-cash
61 799
66 603
94 398
72 793

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
₽85200
₽97880
₽72276
₽76530
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.

-
-
-
199 000
trade
-
-
-
25 604
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.

-
-
-
68 273
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.

-
-
-
3 755
total
-
-
-
102 986
Employee

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

29 975
-
199 000
-
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
-
68 273
-
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
-
3 755
-
total
6 237
-
77 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 025
199 000
-
-
income
25 354
29 850
-
-
trade
26 621
31 342
-
-
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.

1 395
1 642
-
-
chamber of commerce
361
405
-
-
total
53 731
63 239
-
-
Dividends
115 293
135 762
-
-
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.

1 569
1 850
-
-
withholding
28 525
33 643
-
-
total
30 094
35 493
-
-
Income
199 000
199 000
199 000
199 000
Total tax
90 062
98 732
77 382
102 986
After tax
108 938
100 268
121 618
96 014
Living cost
23 738
23 738
23 738
23 738
Free-cash
85 200
76 530
97 880
72 276

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
₽122565
₽113234
₽114820
₽126827
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
-
-
-
199 000
income
-
-
-
48 281
health
-
-
-
5 074
social contributions
-
-
-
12 680
total
-
-
-
66 035
Employee
60 263
60 263
188 762
-
health
467
1 025
3 209
-
income
6 562
5 579
47 428
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
57 383
-
Employer
60 263
60 263
188 762
-
health
507
1 115
3 492
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 238
-
Corporate
168 762
132 620
-
-
income
21 095
16 578
-
-
total
21 095
16 578
-
-
Dividends
147 668
116 042
-
-
withholding
25 103
19 727
-
-
total
25 103
19 727
-
-
Income
199 000
199 000
199 000
199 000
Total tax
58 290
54 028
67 621
66 035
After tax
140 710
144 972
131 379
132 965
Living cost
18 145
18 145
18 145
18 145
Free-cash
122 565
126 827
113 234
114 820

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
₽87820
₽61693
₽78081
₽88609
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.

-
-
-
199 000
income
-
-
-
27 184
social contributions

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

-
-
-
69 153
surtax
-
-
-
-
total
-
-
-
96 337
Employee
36 044
-
160 808
-
income
7 497
-
56 240
-
social contributions
3 965
-
17 689
-
surtax
-
-
604
-
total
11 462
-
74 533
-
Employer
36 044
-
160 808
-
social contributions
8 560
-
38 192
-
total
8 560
-
38 192
-
Corporate
154 395
199 000
-
-
income
32 423
41 790
-
-
surtax
-
-
-
-
total
32 423
41 790
-
-
Dividends
121 972
157 210
-
-
withholding
34 153
44 019
-
-
total
34 153
44 019
-
-
Income
199 000
199 000
199 000
199 000
Total tax
86 598
85 809
112 725
96 337
After tax
112 402
113 191
86 275
102 663
Living cost
24 582
24 582
24 582
24 582
Free-cash
87 820
88 609
61 693
78 081

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
₽181838
₽153126
₽190936
₽182976
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%.

-
-
-
199 000
microenterprise

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

-
-
-
1 990
total
-
-
-
1 990
Employee
7 592
-
199 000
-
income
1 518
-
39 800
-
total
1 518
-
39 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

191 408
199 000
-
-
total
-
-
-
-
Dividends
191 408
199 000
-
-
withholding
9 570
9 950
-
-
total
9 570
9 950
-
-
Income
199 000
199 000
199 000
199 000
Total tax
11 088
9 950
39 800
1 990
After tax
187 912
189 050
159 200
197 010
Living cost
6 074
6 074
6 074
6 074
Free-cash
181 838
182 976
153 126
190 936

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
₽109436
₽64653
₽68974
₽115991
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.

-
-
-
199 000
pensions
-
-
-
36 342
unemployment
-
-
-
299
income
-
-
-
52 782
health
-
-
-
19 582
total
-
-
-
109 005
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
-
172 190
-
health
2 238
-
11 124
-
unemployment
49
-
241
-
pensions
5 372
-
26 690
-
income
5 976
-
48 462
-
total
13 635
-
86 517
-
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
-
172 190
-
health
2 308
-
11 468
-
pensions
3 067
-
15 238
-
unemployment
21
-
103
-
total
5 396
-
26 809
-
Corporate
158 949
199 000
-
-
income
30 200
37 810
-
-
total
30 200
37 810
-
-
Dividends
128 749
161 190
-
-
withholding
19 312
24 178
-
-
total
19 312
24 178
-
-
Income
199 000
199 000
199 000
199 000
Total tax
68 543
61 988
113 326
109 005
After tax
130 457
137 012
85 674
89 995
Living cost
21 021
21 021
21 021
21 021
Free-cash
109 436
115 991
64 653
68 974

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
₽99499
₽109325
₽135746
₽96761
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.

-
-
-
199 000
income
-
-
-
29 850
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
-
-
-
34 805
Employee
35 952
-
195 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
54 016
-
total
7 503
-
57 621
-
Employer
35 952
-
195 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
159 446
199 000
-
-
income
55 807
69 650
-
-
total
55 807
69 650
-
-
Dividends
103 639
129 350
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
199 000
199 000
199 000
199 000
Total tax
71 052
73 790
61 226
34 805
After tax
127 948
125 210
137 774
164 195
Living cost
28 449
28 449
28 449
28 449
Free-cash
99 499
96 761
109 325
135 746

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
₽105195
₽105285
₽111179
₽104790
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
-
-
-
199 000
income
-
-
-
29 850
health
-
-
-
13 891
social contributions
-
-
-
27 462
total
-
-
-
71 203
Employee
26 572
-
199 000
-
health
1 855
-
13 891
-
income
4 432
-
35 744
-
social contributions
3 668
-
27 462
-
total
9 955
-
77 097
-
Employer
26 572
-
199 000
-
total
-
-
-
-
Corporate
172 428
199 000
-
-
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%.

8 621
9 950
-
-
total
8 621
9 950
-
-
Dividends
163 806
189 050
-
-
social contributions
22 606
26 089
-
-
withholding
24 571
28 357
-
-
health
11 434
13 196
-
-
total
58 611
67 642
-
-
Income
199 000
199 000
199 000
199 000
Total tax
77 187
77 592
77 097
71 203
After tax
121 813
121 408
121 903
127 797
Living cost
16 618
16 618
16 618
16 618
Free-cash
105 195
104 790
105 285
111 179

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
₽107250
₽89361
₽98488
₽115075
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
-
-
-
199 000
income
-
-
-
21 978
health
-
-
-
26 865
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 115
total
-
-
-
78 575
Employee
32 261
-
162 447
-
health
4 355
-
21 930
-
solidarity contribution
-
-
3 296
-
income
3 871
-
20 222
-
social contributions
2 097
-
5 702
-
total
10 323
-
51 150
-
Employer
32 261
-
162 447
-
health
2 903
-
14 620
-
social contributions
8 065
-
21 932
-
total
10 968
-
36 552
-
Corporate
155 771
199 000
-
-
income
29 596
37 810
-
-
total
29 596
37 810
-
-
Dividends
126 174
161 190
-
-
withholding
18 926
24 178
-
-
total
18 926
24 178
-
-
Income
199 000
199 000
199 000
199 000
Total tax
69 813
61 988
87 702
78 575
After tax
129 187
137 012
111 298
120 425
Living cost
21 937
21 937
21 937
21 937
Free-cash
107 250
115 075
89 361
98 488

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
₽177811
₽149735
₽187545
₽179585
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%.

-
-
-
199 000
microenterprise

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

-
-
-
1 990
total
-
-
-
1 990
Employee
11 832
-
199 000
-
income
2 366
-
39 800
-
total
2 366
-
39 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

187 168
199 000
-
-
total
-
-
-
-
Dividends
187 168
199 000
-
-
withholding
9 358
9 950
-
-
total
9 358
9 950
-
-
Income
199 000
199 000
199 000
199 000
Total tax
11 724
9 950
39 800
1 990
After tax
187 276
189 050
159 200
197 010
Living cost
9 465
9 465
9 465
9 465
Free-cash
177 811
179 585
149 735
187 545

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
₽67833
₽61807
₽69078
₽62443
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
-
-
-
199 000
income
-
-
-
40 241
other
-
-
-
6 169
health
-
-
-
10 317
social contributions
-
-
-
5 669
pensions
-
-
-
29 674
surtax
-
-
-
-
total
-
-
-
92 070
Employee
49 085
-
150 797
-
pensions
5 552
-
11 819
-
income
4 283
-
35 024
-
social contributions
1 398
-
4 297
-
surtax
-
-
-
-
total
11 233
-
51 140
-
Employer
49 085
-
150 797
-
health
3 435
-
15 531
-
social contributions
147
-
452
-
pensions
8 065
-
19 660
-
unemployment
1 988
-
6 107
-
other
1 694
-
6 451
-
total
15 329
-
48 201
-
Corporate
134 585
199 000
-
-
income
37 683
55 721
-
-
surtax
-
-
-
-
total
37 683
55 721
-
-
Dividends
96 901
143 279
-
-
social contributions
16 667
24 643
-
-
surtax
-
-
-
-
withholding
12 403
18 341
-
-
total
29 070
42 984
-
-
Income
199 000
199 000
199 000
199 000
Total tax
93 315
98 705
99 341
92 070
After tax
105 685
100 295
99 659
106 930
Living cost
37 852
37 852
37 852
37 852
Free-cash
67 833
62 443
61 807
69 078

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
₽126420
₽117175
₽117175
₽130265
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.

-
-
-
199 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
46 486
health
-
-
-
5 948
total
-
-
-
68 313
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
-
188 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
46 486
-
total
6 864
-
57 977
-
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
-
188 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
174 977
199 000
-
-
income
26 247
29 850
-
-
total
26 247
29 850
-
-
Dividends
148 731
169 150
-
-
withholding
22 310
25 373
-
-
total
22 310
25 373
-
-
Income
199 000
199 000
199 000
199 000
Total tax
59 068
55 223
68 313
68 313
After tax
139 932
143 777
130 687
130 687
Living cost
13 512
13 512
13 512
13 512
Free-cash
126 420
130 265
117 175
117 175

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
₽60509
₽95948
₽101103
₽37708
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
-
-
-
199 000
pensions
-
-
-
18 308
city
-
-
-
2 098
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.

-
-
-
3 980
health
-
-
-
448
regional
-
-
-
12 482
national
-
-
-
7 292
total
-
-
-
44 608
Employee
62 361
-
180 132
-
health
141
-
405
-
unemployment
-
-
-
-
city
669
-
1 961
-
pensions
5 239
-
12 879
-
regional
2 042
-
11 342
-
national
295
-
6 290
-
total
8 386
-
32 877
-
Employer
62 361
-
180 132
-
health
141
-
405
-
pensions
5 239
-
12 879
-
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
-
3 602
-
total
6 627
-
16 886
-
Corporate
129 326
199 000
-
-
regional
27 353
42 089
-
-
national
10 993
16 915
-
-
total
38 346
59 004
-
-
Dividends
90 980
139 996
-
-
withholding
31 843
48 999
-
-
total
31 843
48 999
-
-
Income
199 000
199 000
199 000
199 000
Total tax
85 202
108 003
49 763
44 608
After tax
113 798
90 997
149 237
154 392
Living cost
53 289
53 289
53 289
53 289
Free-cash
60 509
37 708
95 948
101 103

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
₽93240
₽66611
₽89406
₽90200
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

-
-
-
199 000
municipal
-
-
-
35 328
health
-
-
-
2 738
national
-
-
-
41 439
total
-
-
-
79 505
Employee
41 232
-
167 408
-
health
308
-
2 252
-
unemployment
619
-
2 510
-
pensions
2 783
-
11 300
-
national
681
-
27 403
-
municipal
6 754
-
27 243
-
total
11 145
-
70 708
-
Employer
41 232
-
167 408
-
health
317
-
1 289
-
pensions
7 154
-
29 046
-
accident
42
-
168
-
unemployment
268
-
1 089
-
total
7 781
-
31 592
-
Corporate
149 988
199 000
-
-
income
29 997
39 800
-
-
total
29 997
39 800
-
-
Dividends

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

89 993
119 400
-
-
municipal
16 199
21 492
-
-
national
10 549
17 419
-
-
total
26 748
38 911
-
-
Income
199 000
199 000
199 000
199 000
Total tax
75 671
78 711
102 300
79 505
After tax
123 329
120 289
96 700
119 495
Living cost
30 089
30 089
30 089
30 089
Free-cash
93 240
90 200
66 611
89 406

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
₽70840
₽38087
₽58093
₽79363
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
-
-
-
199 000
communal

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

-
-
-
10 768
social contributions
-
-
-
19 539
national
-
-
-
82 025
total
-
-
-
112 332
Employee

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

56 059
-
154 133
-
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
-
7 244
-
communal

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

2 924
-
8 040
-
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
-
1 341
-
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
-
11 560
-
national
17 235
-
59 288
-
total
27 485
-
87 473
-
Employer

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

56 059
-
154 133
-
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
-
9 478
-
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
-
13 656
-
surtax
6 356
-
17 478
-
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
-
2 003
-
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
-
2 250
-
total
16 317
-
44 865
-
Corporate
126 623
199 000
-
-
income
25 325
44 325
-
-
surtax
507
886
-
-
total
25 832
45 211
-
-
Dividends
100 792
153 788
-
-
withholding

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

29 951
45 851
-
-
total
29 951
45 851
-
-
Income
199 000
199 000
199 000
199 000
Total tax
99 585
91 062
132 338
112 332
After tax
99 415
107 938
66 662
86 668
Living cost
28 575
28 575
28 575
28 575
Free-cash
70 840
79 363
38 087
58 093

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
₽73878
₽64333
₽65160
₽74642
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
-
-
-
199 000
unemployment
-
-
-
75
municipal
-
-
-
52 902
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
25 331
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
99 828
Employee
48 465
-
175 578
-
national
-
-
24 875
-
municipal
14 452
-
52 358
-
total
14 452
-
77 233
-
Employer
48 465
-
175 578
-
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
135 308
199 000
-
-
income
29 768
43 780
-
-
total
29 768
43 780
-
-
Dividends
105 540
155 220
-
-
withholding
31 662
46 566
-
-
total
31 662
46 566
-
-
Income
199 000
199 000
199 000
199 000
Total tax
91 110
90 346
100 654
99 828
After tax
107 890
108 654
98 346
99 172
Living cost
34 012
34 012
34 012
34 012
Free-cash
73 878
74 642
64 333
65 160

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
₽41439
₽149574
₽99648
₽83195
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
-
-
-
199 000
income
-
-
-
38 789
social contributions
-
-
-
22 686
total
-
-
-
61 475
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
68 112
199 000
-
-
income
14 985
43 780
-
-
total
14 985
43 780
-
-
Dividends
53 128
155 220
-
-
income
11 688
34 148
-
-
total
11 688
34 148
-
-
Income
199 000
199 000
199 000
199 000
Total tax
119 684
77 928
11 549
61 475
After tax
79 316
121 072
187 451
137 525
Living cost
37 877
37 877
37 877
37 877
Free-cash
41 439
83 195
149 574
99 648

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
₽116306
₽105960
₽107546
₽119553
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
-
-
-
199 000
income
-
-
-
48 281
health
-
-
-
5 074
social contributions
-
-
-
12 680
total
-
-
-
66 035
Employee
60 263
60 263
188 762
-
health
599
1 025
3 209
-
income
6 328
5 579
47 428
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
57 383
-
Employer
60 263
60 263
188 762
-
health
653
1 115
3 492
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 238
-
Corporate
160 143
132 620
-
-
income
20 018
16 578
-
-
total
20 018
16 578
-
-
Dividends
140 125
116 042
-
-
withholding
23 821
19 727
-
-
total
23 821
19 727
-
-
Income
199 000
199 000
199 000
199 000
Total tax
57 275
54 028
67 621
66 035
After tax
141 725
144 972
131 379
132 965
Living cost
25 419
25 419
25 419
25 419
Free-cash
116 306
119 553
105 960
107 546

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
₽99540
₽81252
₽98899
₽95055
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
-
-
-
199 000
income
-
-
-
63 839
pensions
-
-
-
8 126
total
-
-
-
71 965
Employee
38 621
-
173 231
-
health
504
-
2 257
-
pensions
2 948
-
9 516
-
income
7 033
-
52 071
-
total
10 485
-
63 844
-
Employer
38 621
-
173 231
-
health
734
-
3 291
-
pensions
3 902
-
22 477
-
total
4 636
-
25 768
-
Corporate
155 743
199 000
-
-
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.

29 591
37 810
-
-
total
29 591
37 810
-
-
Dividends
126 153
161 190
-
-
withholding
26 612
37 999
-
-
total
26 612
37 999
-
-
Income
199 000
199 000
199 000
199 000
Total tax
71 324
75 809
89 612
71 965
After tax
127 676
123 191
109 388
127 035
Living cost
28 136
28 136
28 136
28 136
Free-cash
99 540
95 055
81 252
98 899

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
₽70036
₽57075
₽63512
₽73601
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
-
-
-
199 000
municipal
-
-
-
1 438
regional
-
-
-
5 059
social contributions
-
-
-
39 224
national
-
-
-
58 546
total
-
-
-
104 267
Employee
66 040
-
199 000
-
social contributions
22 268
-
51 424
-
regional
997
-
4 653
-
national
11 160
-
53 299
-
municipal
394
-
1 328
-
total
34 819
-
110 704
-
Employer
66 040
-
199 000
-
total
-
-
-
-
Corporate
132 960
199 000
-
-
nationa
31 910
47 759
-
-
municipal
6 408
9 591
-
-
total
38 318
57 350
-
-
Dividends
94 642
141 649
-
-
withholding
24 606
36 828
-
-
total
24 606
36 828
-
-
Income
199 000
199 000
199 000
199 000
Total tax
97 743
94 178
110 704
104 267
After tax
101 257
104 822
88 296
94 733
Living cost
31 221
31 221
31 221
31 221
Free-cash
70 036
73 601
57 075
63 512

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
₽13550
₽93641
₽119066
-₽618
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
-
-
-
199 000
pensions
-
-
-
3 165
income
-
-
-
57 899
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
63 197
Employee
26 328
-
183 076
-
health
3 015
-
20 962
-
pensions
2 965
-
5 804
-
income
3 612
-
45 933
-
total
9 592
-
72 699
-
Employer
26 328
-
183 076
-
pensions
4 281
-
8 381
-
accident
440
-
3 057
-
unemployment
645
-
4 485
-
total
5 366
-
15 923
-
Corporate
167 307
199 000
-
-
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.

150 576
179 100
-
-
total
150 576
179 100
-
-
Dividends
16 731
19 900
-
-
withholding
3 179
3 781
-
-
total
3 179
3 781
-
-
Income
199 000
199 000
199 000
199 000
Total tax
168 713
182 881
88 622
63 197
After tax
30 287
16 119
110 378
135 803
Living cost
16 737
16 737
16 737
16 737
Free-cash
13 550
-618
93 641
119 066

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
₽82309
₽91361
₽68034
₽72059
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.

-
-
-
199 000
trade
-
-
-
23 327
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.

-
-
-
68 273
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.

-
-
-
3 755
total
-
-
-
100 709
Employee

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

38 994
-
199 000
-
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
-
68 273
-
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
-
3 755
-
total
8 737
-
77 382
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
160 006
199 000
-
-
income
24 001
29 850
-
-
trade
22 961
28 556
-
-
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.

1 321
1 642
-
-
chamber of commerce
354
410
-
-
total
48 637
60 458
-
-
Dividends
111 369
138 541
-
-
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.

1 515
1 889
-
-
withholding
27 545
34 337
-
-
total
29 060
36 226
-
-
Income
199 000
199 000
199 000
199 000
Total tax
86 434
96 684
77 382
100 709
After tax
112 566
102 316
121 618
98 291
Living cost
30 257
30 257
30 257
30 257
Free-cash
82 309
72 059
91 361
68 034

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
₽136468
₽71410
₽57604
₽142896
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.

-
-
-
199 000
income
-
-
-
44 319
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
-
-
-
50 746
total
-
-
-
125 092
Employee
22 900
-
159 008
-
income
4 076
-
37 964
-
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
-
-
23 057
-
total
6 595
-
71 295
-
Employer
22 900
-
159 008
-
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
-
-
17 491
-
total
5 516
-
39 991
-
Corporate
170 584
199 000
-
-
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%.

34 117
39 800
-
-
total
34 117
39 800
-
-
Dividends

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

136 467
159 200
-
-
total
-
-
-
-
Income
199 000
199 000
199 000
199 000
Total tax
46 228
39 800
111 286
125 092
After tax
152 772
159 200
87 714
73 908
Living cost
16 304
16 304
16 304
16 304
Free-cash
136 468
142 896
71 410
57 604

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
₽112832
₽113192
₽113886
₽114433
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
-
-
-
199 000
income
-
-
-
63 112
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
75 371
Employee
14 840
-
191 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
62 739
-
total
5 097
-
68 069
-
Employer
14 840
-
191 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
180 821
199 000
-
-
income
39 781
43 780
-
-
total
39 781
43 780
-
-
Dividends
141 041
155 220
-
-
withholding
28 208
31 044
-
-
total
28 208
31 044
-
-
Income
199 000
199 000
199 000
199 000
Total tax
76 425
74 824
76 065
75 371
After tax
122 575
124 176
122 935
123 629
Living cost
9 743
9 743
9 743
9 743
Free-cash
112 832
114 433
113 192
113 886

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
₽105074
₽70969
₽75762
₽107568
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
-
-
-
199 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
65 709
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
11 403
total
-
-
-
105 635
Employee
26 392
-
176 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
61 021
-
other
-
-
-
-
surtax
94
-
10 466
-
total
8 791
-
88 411
-
Employer
26 392
-
176 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
167 051
199 000
-
-
income
43 433
51 741
-
-
total
43 433
51 741
-
-
Dividends
123 618
147 259
-
-
withholding
18 543
22 088
-
-
total
18 543
22 088
-
-
Income
199 000
199 000
199 000
199 000
Total tax
76 323
73 829
110 428
105 635
After tax
122 677
125 171
88 572
93 365
Living cost
17 603
17 603
17 603
17 603
Free-cash
105 074
107 568
70 969
75 762

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
₽84217
₽26634
₽76728
₽84605
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
-
-
-
199 000
pensions
-
-
-
16 938
chamber of commerce