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
₽ 202000
per

Your estimated
City
free-cash

Valencia , Spain
₽108863
₽87805
₽91094
₽112324
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
-
-
-
202 000
unemployment
-
-
-
509
income
-
-
-
67 563
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
89 355
Employee
28 978
-
178 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
64 872
-
other
28
-
73
-
total
7 426
-
69 486
-
Employer
28 978
-
178 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
163 783
202 000
-
-
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.

24 568
30 299
-
-
total
24 568
30 299
-
-
Dividends
139 216
171 701
-
-
withholding
30 354
37 826
-
-
total
30 354
37 826
-
-
Income
202 000
202 000
202 000
202 000
Total tax
71 586
68 125
92 644
89 355
After tax
130 414
133 875
109 356
112 645
Living cost
21 551
21 551
21 551
21 551
Free-cash
108 863
112 324
87 805
91 094

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
₽122234
₽102693
₽104304
₽127526
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
-
-
-
202 000
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
-
-
-
37 307
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
76 813
Employee
28 456
-
171 549
-
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
-
36 770
-
total
7 573
-
47 972
-
Employer
28 456
-
171 549
-
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
-
1 373
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 452
-
Corporate
166 373
202 000
-
-
income
34 938
42 420
-
-
total
34 938
42 420
-
-
Dividends
131 435
159 580
-
-
withholding
9 200
11 171
-
-
total
9 200
11 171
-
-
Income
202 000
202 000
202 000
202 000
Total tax
58 883
53 591
78 424
76 813
After tax
143 117
148 409
123 576
125 187
Living cost
20 883
20 883
20 883
20 883
Free-cash
122 234
127 526
102 693
104 304

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
₽158798
₽162736
₽154124
₽162440
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
-
-
-
202 000
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
-
-
-
30 300
health
-
-
-
3 147
total
-
-
-
37 606
Employee
13 600
-
196 632
-
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
-
19 663
-
total
3 330
-
23 626
-
Employer
13 600
-
196 632
-
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
185 732
202 000
-
-
income
18 574
20 200
-
-
total
18 574
20 200
-
-
Dividends
167 158
181 800
-
-
withholding
8 358
9 090
-
-
total
8 358
9 090
-
-
Income
202 000
202 000
202 000
202 000
Total tax
32 931
29 290
28 994
37 606
After tax
169 069
172 710
173 006
164 394
Living cost
10 270
10 270
10 270
10 270
Free-cash
158 798
162 440
162 736
154 124

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
₽79626
₽73947
₽81497
₽74996
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
-
-
-
202 000
income
-
-
-
41 211
other
-
-
-
6 263
health
-
-
-
10 537
social contributions
-
-
-
5 756
pensions
-
-
-
29 923
surtax
-
-
-
-
total
-
-
-
93 690
Employee
33 541
-
152 956
-
pensions
3 792
-
12 038
-
income
1 980
-
35 798
-
social contributions
956
-
4 358
-
surtax
-
-
-
-
total
6 728
-
52 194
-
Employer
33 541
-
152 956
-
health
2 348
-
15 812
-
social contributions
101
-
460
-
pensions
5 510
-
20 016
-
unemployment
1 358
-
6 194
-
other
1 157
-
6 564
-
total
10 474
-
49 046
-
Corporate
157 984
202 000
-
-
income
44 236
56 559
-
-
surtax
-
-
-
-
total
44 236
56 559
-
-
Dividends
113 748
145 441
-
-
social contributions
19 563
25 015
-
-
surtax
-
-
-
-
withholding
14 560
18 617
-
-
total
34 123
43 632
-
-
Income
202 000
202 000
202 000
202 000
Total tax
95 561
100 191
101 240
93 690
After tax
106 439
101 809
100 760
108 310
Living cost
26 813
26 813
26 813
26 813
Free-cash
79 626
74 996
73 947
81 497

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
₽63330
₽96311
₽74240
₽68132
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
-
-
-
202 000
pensions
-
-
-
9 182
income
-
-
-
76 083
health
-
-
-
9 664
total
-
-
-
94 929
Employee
66 925
66 925
187 436
-
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
39 447
-
total
33 274
28 874
58 293
-
Employer
66 925
66 925
187 436
-
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
124 176
123 355
-
-
income
24 835
24 672
-
-
total
24 835
24 672
-
-
Dividends
99 341
98 684
-
-
income
21 110
20 970
-
-
withholding
14 901
14 802
-
-
total
36 011
35 772
-
-
Income
202 000
202 000
202 000
202 000
Total tax
105 839
101 037
72 858
94 929
After tax
96 161
100 963
129 142
107 071
Living cost
32 831
32 831
32 831
32 831
Free-cash
63 330
68 132
96 311
74 240

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
₽86708
₽99552
₽73476
₽78040
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.

-
-
-
202 000
trade
-
-
-
26 076
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.

-
-
-
69 532
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.

-
-
-
3 824
total
-
-
-
104 786
Employee

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

29 975
-
202 000
-
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
-
69 532
-
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
-
3 824
-
total
6 237
-
78 710
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 025
202 000
-
-
income
25 803
30 299
-
-
trade
27 094
31 815
-
-
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.

1 419
1 667
-
-
chamber of commerce
366
409
-
-
total
54 682
64 190
-
-
Dividends
117 342
137 810
-
-
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.

1 597
1 878
-
-
withholding
29 038
34 154
-
-
total
30 635
36 032
-
-
Income
202 000
202 000
202 000
202 000
Total tax
91 554
100 222
78 710
104 786
After tax
110 446
101 778
123 290
97 214
Living cost
23 738
23 738
23 738
23 738
Free-cash
86 708
78 040
99 552
73 476

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
₽124744
₽115116
₽116720
₽129006
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
-
-
-
202 000
income
-
-
-
49 305
health
-
-
-
5 150
social contributions
-
-
-
12 680
total
-
-
-
67 135
Employee
60 263
60 263
191 707
-
health
467
1 025
3 259
-
income
6 562
5 579
48 441
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
58 446
-
Employer
60 263
60 263
191 707
-
health
507
1 115
3 547
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 293
-
Corporate
171 762
135 620
-
-
income
21 470
16 953
-
-
total
21 470
16 953
-
-
Dividends
150 293
118 667
-
-
withholding
25 549
20 173
-
-
total
25 549
20 173
-
-
Income
202 000
202 000
202 000
202 000
Total tax
59 111
54 849
68 739
67 135
After tax
142 889
147 151
133 261
134 865
Living cost
18 145
18 145
18 145
18 145
Free-cash
124 744
129 006
115 116
116 720

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
₽89526
₽62761
₽79493
₽90316
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.

-
-
-
202 000
income
-
-
-
27 729
social contributions

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

-
-
-
70 196
surtax
-
-
-
-
total
-
-
-
97 925
Employee
36 044
-
163 232
-
income
7 497
-
57 277
-
social contributions
3 965
-
17 955
-
surtax
-
-
657
-
total
11 462
-
75 889
-
Employer
36 044
-
163 232
-
social contributions
8 560
-
38 768
-
total
8 560
-
38 768
-
Corporate
157 395
202 000
-
-
income
33 054
42 420
-
-
surtax
-
-
-
-
total
33 054
42 420
-
-
Dividends
124 341
159 580
-
-
withholding
34 816
44 682
-
-
total
34 816
44 682
-
-
Income
202 000
202 000
202 000
202 000
Total tax
87 892
87 102
114 657
97 925
After tax
114 108
114 898
87 343
104 075
Living cost
24 582
24 582
24 582
24 582
Free-cash
89 526
90 316
62 761
79 493

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
₽184688
₽155526
₽193906
₽185826
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%.

-
-
-
202 000
microenterprise

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

-
-
-
2 020
total
-
-
-
2 020
Employee
7 592
-
202 000
-
income
1 518
-
40 400
-
total
1 518
-
40 400
-
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%.

194 408
202 000
-
-
total
-
-
-
-
Dividends
194 408
202 000
-
-
withholding
9 720
10 100
-
-
total
9 720
10 100
-
-
Income
202 000
202 000
202 000
202 000
Total tax
11 238
10 100
40 400
2 020
After tax
190 762
191 900
161 600
199 980
Living cost
6 074
6 074
6 074
6 074
Free-cash
184 688
185 826
155 526
193 906

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
₽111501
₽65663
₽70049
₽118056
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.

-
-
-
202 000
pensions
-
-
-
36 891
unemployment
-
-
-
303
income
-
-
-
53 859
health
-
-
-
19 877
total
-
-
-
110 930
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
-
174 784
-
health
2 238
-
11 291
-
unemployment
49
-
245
-
pensions
5 372
-
27 091
-
income
5 976
-
49 472
-
total
13 635
-
88 099
-
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
-
174 784
-
health
2 308
-
11 642
-
pensions
3 067
-
15 469
-
unemployment
21
-
106
-
total
5 396
-
27 217
-
Corporate
161 949
202 000
-
-
income
30 771
38 379
-
-
total
30 771
38 379
-
-
Dividends
131 178
163 621
-
-
withholding
19 676
24 544
-
-
total
19 676
24 544
-
-
Income
202 000
202 000
202 000
202 000
Total tax
69 478
62 923
115 316
110 930
After tax
132 522
139 077
86 684
91 070
Living cost
21 021
21 021
21 021
21 021
Free-cash
111 501
118 056
65 663
70 049

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
₽101449
₽111275
₽138297
₽98711
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.

-
-
-
202 000
income
-
-
-
30 299
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
-
-
-
35 254
Employee
35 952
-
198 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
55 066
-
total
7 503
-
58 671
-
Employer
35 952
-
198 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
162 446
202 000
-
-
income
56 857
70 700
-
-
total
56 857
70 700
-
-
Dividends
105 589
131 300
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
202 000
202 000
202 000
202 000
Total tax
72 102
74 840
62 276
35 254
After tax
129 898
127 160
139 724
166 746
Living cost
28 449
28 449
28 449
28 449
Free-cash
101 449
98 711
111 275
138 297

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
₽107024
₽107061
₽113107
₽106621
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
-
-
-
202 000
income
-
-
-
30 299
health
-
-
-
14 099
social contributions
-
-
-
27 877
total
-
-
-
72 275
Employee
26 572
-
202 000
-
health
1 855
-
14 099
-
income
4 432
-
36 345
-
social contributions
3 668
-
27 877
-
total
9 955
-
78 321
-
Employer
26 572
-
202 000
-
total
-
-
-
-
Corporate
175 428
202 000
-
-
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%.

8 772
10 100
-
-
total
8 772
10 100
-
-
Dividends
166 656
191 900
-
-
social contributions
22 999
26 482
-
-
withholding
24 999
28 785
-
-
health
11 633
13 394
-
-
total
59 631
68 661
-
-
Income
202 000
202 000
202 000
202 000
Total tax
78 358
78 761
78 321
72 275
After tax
123 642
123 239
123 679
129 725
Living cost
16 618
16 618
16 618
16 618
Free-cash
107 024
106 621
107 061
113 107

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
₽109315
₽91217
₽100512
₽117140
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
-
-
-
202 000
income
-
-
-
22 367
health
-
-
-
27 270
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 297
total
-
-
-
79 551
Employee
32 261
-
165 200
-
health
4 355
-
22 302
-
solidarity contribution
-
-
3 463
-
income
3 871
-
20 579
-
social contributions
2 097
-
5 702
-
total
10 323
-
52 046
-
Employer
32 261
-
165 200
-
health
2 903
-
14 868
-
social contributions
8 065
-
21 932
-
total
10 968
-
36 800
-
Corporate
158 771
202 000
-
-
income
30 166
38 380
-
-
total
30 166
38 380
-
-
Dividends
128 604
163 620
-
-
withholding
19 291
24 543
-
-
total
19 291
24 543
-
-
Income
202 000
202 000
202 000
202 000
Total tax
70 748
62 923
88 846
79 551
After tax
131 252
139 077
113 154
122 449
Living cost
21 937
21 937
21 937
21 937
Free-cash
109 315
117 140
91 217
100 512

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
₽180661
₽152135
₽190515
₽182435
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%.

-
-
-
202 000
microenterprise

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

-
-
-
2 020
total
-
-
-
2 020
Employee
11 832
-
202 000
-
income
2 366
-
40 400
-
total
2 366
-
40 400
-
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%.

190 168
202 000
-
-
total
-
-
-
-
Dividends
190 168
202 000
-
-
withholding
9 508
10 100
-
-
total
9 508
10 100
-
-
Income
202 000
202 000
202 000
202 000
Total tax
11 874
10 100
40 400
2 020
After tax
190 126
191 900
161 600
199 980
Living cost
9 465
9 465
9 465
9 465
Free-cash
180 661
182 435
152 135
190 515

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
₽69343
₽62908
₽70458
₽63957
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
-
-
-
202 000
income
-
-
-
41 211
other
-
-
-
6 263
health
-
-
-
10 537
social contributions
-
-
-
5 756
pensions
-
-
-
29 923
surtax
-
-
-
-
total
-
-
-
93 690
Employee
49 085
-
152 956
-
pensions
5 552
-
12 038
-
income
4 283
-
35 798
-
social contributions
1 398
-
4 358
-
surtax
-
-
-
-
total
11 233
-
52 194
-
Employer
49 085
-
152 956
-
health
3 435
-
15 812
-
social contributions
147
-
460
-
pensions
8 065
-
20 016
-
unemployment
1 988
-
6 194
-
other
1 694
-
6 564
-
total
15 329
-
49 046
-
Corporate
137 585
202 000
-
-
income
38 524
56 559
-
-
surtax
-
-
-
-
total
38 524
56 559
-
-
Dividends
99 061
145 441
-
-
social contributions
17 039
25 015
-
-
surtax
-
-
-
-
withholding
12 680
18 617
-
-
total
29 719
43 632
-
-
Income
202 000
202 000
202 000
202 000
Total tax
94 805
100 191
101 240
93 690
After tax
107 195
101 809
100 760
108 310
Living cost
37 852
37 852
37 852
37 852
Free-cash
69 343
63 957
62 908
70 458

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
₽128588
₽119425
₽119425
₽132433
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.

-
-
-
202 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
47 236
health
-
-
-
5 948
total
-
-
-
69 063
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

20 376
-
191 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
47 236
-
total
6 864
-
58 727
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

20 376
-
191 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
177 977
202 000
-
-
income
26 697
30 300
-
-
total
26 697
30 300
-
-
Dividends
151 281
171 700
-
-
withholding
22 692
25 755
-
-
total
22 692
25 755
-
-
Income
202 000
202 000
202 000
202 000
Total tax
59 900
56 055
69 063
69 063
After tax
142 100
145 945
132 937
132 937
Living cost
13 512
13 512
13 512
13 512
Free-cash
128 588
132 433
119 425
119 425

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽61880
₽98086
₽103229
₽39081
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
-
-
-
202 000
pensions
-
-
-
18 584
city
-
-
-
2 130
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.

-
-
-
4 040
health
-
-
-
454
regional
-
-
-
12 748
national
-
-
-
7 526
total
-
-
-
45 482
Employee
62 361
-
182 903
-
health
141
-
412
-
unemployment
-
-
-
-
city
669
-
1 993
-
pensions
5 239
-
13 015
-
regional
2 042
-
11 602
-
national
295
-
6 518
-
total
8 386
-
33 540
-
Employer
62 361
-
182 903
-
health
141
-
412
-
pensions
5 239
-
13 015
-
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
-
3 658
-
total
6 627
-
17 085
-
Corporate
132 326
202 000
-
-
regional
27 988
42 722
-
-
national
11 248
17 170
-
-
total
39 236
59 892
-
-
Dividends
93 091
142 108
-
-
withholding
32 582
49 738
-
-
total
32 582
49 738
-
-
Income
202 000
202 000
202 000
202 000
Total tax
86 831
109 630
50 625
45 482
After tax
115 169
92 370
151 375
156 518
Living cost
53 289
53 289
53 289
53 289
Free-cash
61 880
39 081
98 086
103 229

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
₽94933
₽67769
₽90907
₽91713
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

-
-
-
202 000
municipal
-
-
-
35 859
health
-
-
-
2 784
national
-
-
-
42 361
total
-
-
-
81 004
Employee
41 232
-
169 934
-
health
308
-
2 290
-
unemployment
619
-
2 549
-
pensions
2 783
-
11 471
-
national
681
-
28 113
-
municipal
6 754
-
27 652
-
total
11 145
-
72 075
-
Employer
41 232
-
169 934
-
health
317
-
1 309
-
pensions
7 154
-
29 483
-
accident
42
-
170
-
unemployment
268
-
1 105
-
total
7 781
-
32 067
-
Corporate
152 988
202 000
-
-
income
30 598
40 401
-
-
total
30 598
40 401
-
-
Dividends

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

91 792
121 200
-
-
municipal
16 523
21 816
-
-
national
10 931
17 981
-
-
total
27 454
39 797
-
-
Income
202 000
202 000
202 000
202 000
Total tax
76 978
80 198
104 142
81 004
After tax
125 022
121 802
97 858
120 996
Living cost
30 089
30 089
30 089
30 089
Free-cash
94 933
91 713
67 769
90 907

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
₽72511
₽38973
₽59413
₽80841
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
-
-
-
202 000
communal

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

-
-
-
10 947
social contributions
-
-
-
19 539
national
-
-
-
83 526
total
-
-
-
114 012
Employee

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

56 059
-
156 454
-
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
-
7 354
-
communal

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

2 924
-
8 160
-
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
-
1 361
-
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
-
11 734
-
national
17 235
-
60 297
-
total
27 485
-
88 906
-
Employer

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

56 059
-
156 454
-
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
-
9 622
-
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
-
13 862
-
surtax
6 356
-
17 743
-
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
-
2 035
-
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
-
2 284
-
total
16 317
-
45 546
-
Corporate
129 623
202 000
-
-
income
25 925
45 195
-
-
surtax
519
904
-
-
total
26 444
46 099
-
-
Dividends
103 179
155 900
-
-
withholding

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

30 668
46 485
-
-
total
30 668
46 485
-
-
Income
202 000
202 000
202 000
202 000
Total tax
100 914
92 584
134 452
114 012
After tax
101 086
109 416
67 548
87 988
Living cost
28 575
28 575
28 575
28 575
Free-cash
72 511
80 841
38 973
59 413

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
₽75546
₽65711
₽66535
₽76308
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
-
-
-
202 000
unemployment
-
-
-
75
municipal
-
-
-
53 802
other
-
-
-
8 655
health
-
-
-
4 648
national
-
-
-
26 101
accident
-
-
-
149
pensions
-
-
-
8 051
total
-
-
-
101 481
Employee
48 425
-
178 598
-
national
-
-
25 645
-
municipal
14 440
-
53 258
-
total
14 440
-
78 903
-
Employer
48 425
-
178 598
-
health
2 978
-
4 581
-
pensions
5 235
-
8 051
-
accident
97
-
149
-
unemployment
1 278
-
1 966
-
other
5 627
-
8 655
-
total
15 215
-
23 402
-
Corporate
138 361
202 000
-
-
income
30 439
44 440
-
-
total
30 439
44 440
-
-
Dividends
107 921
157 560
-
-
withholding
32 376
47 268
-
-
total
32 376
47 268
-
-
Income
202 000
202 000
202 000
202 000
Total tax
92 470
91 708
102 305
101 481
After tax
109 530
110 292
99 695
100 519
Living cost
33 984
33 984
33 984
33 984
Free-cash
75 546
76 308
65 711
66 535

Estimated living cost  is ₽33984 per week

₽22523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7610
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
₽43397
₽152656
₽101784
₽85083
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
-
-
-
202 000
income
-
-
-
39 374
social contributions
-
-
-
23 028
total
-
-
-
62 402
Employee
54 220
-
-
-
income
11 960
-
-
-
social contributions
4 446
-
634
-
total
16 406
-
634
-
Employer
54 220
-
-
-
social contributions
76 451
-
10 896
-
total
76 451
-
10 896
-
Corporate
71 329
202 000
-
-
income
15 692
44 440
-
-
total
15 692
44 440
-
-
Dividends
55 637
157 560
-
-
income
12 240
34 663
-
-
total
12 240
34 663
-
-
Income
202 000
202 000
202 000
202 000
Total tax
120 789
79 103
11 530
62 402
After tax
81 211
122 897
190 470
139 598
Living cost
37 814
37 814
37 814
37 814
Free-cash
43 397
85 083
152 656
101 784

Estimated living cost  is ₽37814 per week

₽24535
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽9240
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
₽118485
₽107842
₽109446
₽121732
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
-
-
-
202 000
income
-
-
-
49 305
health
-
-
-
5 150
social contributions
-
-
-
12 680
total
-
-
-
67 135
Employee
60 263
60 263
191 707
-
health
599
1 025
3 259
-
income
6 328
5 579
48 441
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
58 446
-
Employer
60 263
60 263
191 707
-
health
653
1 115
3 547
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 293
-
Corporate
163 143
135 620
-
-
income
20 393
16 953
-
-
total
20 393
16 953
-
-
Dividends
142 751
118 667
-
-
withholding
24 267
20 173
-
-
total
24 267
20 173
-
-
Income
202 000
202 000
202 000
202 000
Total tax
58 096
54 849
68 739
67 135
After tax
143 904
147 151
133 261
134 865
Living cost
25 419
25 419
25 419
25 419
Free-cash
118 485
121 732
107 842
109 446

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
₽101181
₽82763
₽100665
₽96696
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
-
-
-
202 000
income
-
-
-
65 013
pensions
-
-
-
8 186
total
-
-
-
73 199
Employee
38 621
-
175 823
-
health
504
-
2 282
-
pensions
2 948
-
9 567
-
income
7 033
-
53 077
-
total
10 485
-
64 926
-
Employer
38 621
-
175 823
-
health
734
-
3 341
-
pensions
3 902
-
22 834
-
total
4 636
-
26 175
-
Corporate
158 743
202 000
-
-
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.

30 161
38 380
-
-
total
30 161
38 380
-
-
Dividends
128 582
163 620
-
-
withholding
27 401
38 788
-
-
total
27 401
38 788
-
-
Income
202 000
202 000
202 000
202 000
Total tax
72 683
77 168
91 101
73 199
After tax
129 317
124 832
110 899
128 801
Living cost
28 136
28 136
28 136
28 136
Free-cash
101 181
96 696
82 763
100 665

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
₽71615
₽58658
₽65096
₽75178
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
-
-
-
202 000
municipal
-
-
-
1 465
regional
-
-
-
5 158
social contributions
-
-
-
39 224
national
-
-
-
59 836
total
-
-
-
105 683
Employee
66 040
-
202 000
-
social contributions
22 268
-
51 424
-
regional
997
-
4 752
-
national
11 160
-
54 590
-
municipal
394
-
1 355
-
total
34 819
-
112 121
-
Employer
66 040
-
202 000
-
total
-
-
-
-
Corporate
135 960
202 000
-
-
nationa
32 630
48 481
-
-
municipal
6 553
9 737
-
-
total
39 183
58 218
-
-
Dividends
96 777
143 782
-
-
withholding
25 162
37 383
-
-
total
25 162
37 383
-
-
Income
202 000
202 000
202 000
202 000
Total tax
99 164
95 601
112 121
105 683
After tax
102 836
106 399
89 879
96 317
Living cost
31 221
31 221
31 221
31 221
Free-cash
71 615
75 178
58 658
65 096

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
₽13793
₽95368
₽121101
-₽380
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
-
-
-
202 000
pensions
-
-
-
3 166
income
-
-
-
58 857
other
-
-
-
282
health
-
-
-
1 660
accident
-
-
-
192
total
-
-
-
64 157
Employee
26 337
-
185 954
-
health
3 016
-
21 292
-
pensions
2 966
-
5 806
-
income
3 613
-
46 747
-
total
9 595
-
73 845
-
Employer
26 337
-
185 954
-
pensions
4 283
-
8 384
-
accident
440
-
3 105
-
unemployment
645
-
4 556
-
total
5 368
-
16 045
-
Corporate
170 296
202 000
-
-
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.

153 266
181 800
-
-
total
153 266
181 800
-
-
Dividends
17 030
20 200
-
-
withholding
3 236
3 838
-
-
total
3 236
3 838
-
-
Income
202 000
202 000
202 000
202 000
Total tax
171 465
185 638
89 890
64 157
After tax
30 535
16 362
112 110
137 843
Living cost
16 742
16 742
16 742
16 742
Free-cash
13 793
-380
95 368
121 101

Estimated living cost  is ₽16742 per week

₽12271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽3195
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
₽83850
₽93033
₽69275
₽73596
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.

-
-
-
202 000
trade
-
-
-
23 758
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.

-
-
-
69 532
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.

-
-
-
3 824
total
-
-
-
102 468
Employee

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

38 994
-
202 000
-
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
-
69 532
-
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
-
3 824
-
total
8 737
-
78 710
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 006
202 000
-
-
income
24 452
30 299
-
-
trade
23 391
28 988
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 344
1 667
-
-
chamber of commerce
358
415
-
-
total
49 545
61 369
-
-
Dividends
113 460
140 631
-
-
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.

1 544
1 917
-
-
withholding
28 067
34 861
-
-
total
29 611
36 778
-
-
Income
202 000
202 000
202 000
202 000
Total tax
87 893
98 147
78 710
102 468
After tax
114 107
103 853
123 290
99 532
Living cost
30 257
30 257
30 257
30 257
Free-cash
83 850
73 596
93 033
69 275

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
₽138869
₽72871
₽58897
₽145295
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.

-
-
-
202 000
income
-
-
-
45 262
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
-
-
-
51 510
total
-
-
-
126 799
Employee
22 900
-
161 711
-
income
4 076
-
38 814
-
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
-
-
23 448
-
total
6 595
-
72 536
-
Employer
22 900
-
161 711
-
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
-
-
17 789
-
total
5 516
-
40 289
-
Corporate
173 584
202 000
-
-
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%.

34 716
40 401
-
-
total
34 716
40 401
-
-
Dividends

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

138 867
161 599
-
-
total
-
-
-
-
Income
202 000
202 000
202 000
202 000
Total tax
46 827
40 401
112 825
126 799
After tax
155 173
161 599
89 175
75 201
Living cost
16 304
16 304
16 304
16 304
Free-cash
138 869
145 295
72 871
58 897

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
₽114704
₽115142
₽115836
₽116305
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
-
-
-
202 000
income
-
-
-
64 162
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
76 421
Employee
14 840
-
194 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
63 789
-
total
5 097
-
69 119
-
Employer
14 840
-
194 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
183 821
202 000
-
-
income
40 441
44 440
-
-
total
40 441
44 440
-
-
Dividends
143 381
157 560
-
-
withholding
28 676
31 512
-
-
total
28 676
31 512
-
-
Income
202 000
202 000
202 000
202 000
Total tax
77 553
75 952
77 115
76 421
After tax
124 447
126 048
124 885
125 579
Living cost
9 743
9 743
9 743
9 743
Free-cash
114 704
116 305
115 142
115 836

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
₽106960
₽72349
₽77142
₽109456
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
-
-
-
202 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
67 059
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
11 673
total
-
-
-
107 255
Employee
26 392
-
179 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
62 371
-
other
-
-
-
-
surtax
94
-
10 736
-
total
8 791
-
90 031
-
Employer
26 392
-
179 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
170 051
202 000
-
-
income
44 214
52 520
-
-
total
44 214
52 520
-
-
Dividends
125 837
149 480
-
-
withholding
18 876
22 421
-
-
total
18 876
22 421
-
-
Income
202 000
202 000
202 000
202 000
Total tax
77 437
74 941
112 048
107 255
After tax
124 563
127 059
89 952
94 745
Living cost
17 603
17 603
17 603
17 603
Free-cash
106 960
109 456
72 349
77 142

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
₽85848
₽27332
₽78215
₽86236
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
-
-
-
202 000
pensions
-
-
-
16 938
chamber