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
₽ 202500
per

Your estimated
City
free-cash

Valencia , Spain
₽109022
₽87913
₽91226
₽112507
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
-
-
-
202 500
unemployment
-
-
-
512
income
-
-
-
67 618
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 705
total
-
-
-
89 567
Employee
29 188
-
179 175
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
64 908
-
other
28
-
73
-
total
7 479
-
69 554
-
Employer
29 188
-
179 175
-
pensions
6 888
-
17 267
-
accident
578
-
1 449
-
unemployment
1 606
-
4 024
-
other
234
-
586
-
total
9 306
-
23 326
-
Corporate
164 007
202 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 601
30 375
-
-
total
24 601
30 375
-
-
Dividends
139 405
172 125
-
-
withholding
30 385
37 911
-
-
total
30 385
37 911
-
-
Income
202 500
202 500
202 500
202 500
Total tax
71 771
68 286
92 880
89 567
After tax
130 729
134 214
109 620
112 933
Living cost
21 707
21 707
21 707
21 707
Free-cash
109 022
112 507
87 913
91 226

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
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.
₽4588
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
₽122412
₽102721
₽104337
₽127742
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
-
-
-
202 500
pensions

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

-
-
-
28 809
income
-
-
-
37 337
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
77 129
Employee
28 661
-
171 836
-
health
401
-
1 681
-
unemployment
286
-
1 200
-
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.

2 006
-
8 402
-
income
4 934
-
36 798
-
total
7 627
-
48 081
-
Employer
28 661
-
171 836
-
health
401
-
1 681
-
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.

4 873
-
20 407
-
accident
229
-
1 375
-
unemployment
286
-
1 200
-
other
1 434
-
6 001
-
total
7 223
-
30 664
-
Corporate
166 615
202 500
-
-
income
34 990
42 525
-
-
total
34 990
42 525
-
-
Dividends
131 626
159 975
-
-
withholding
9 214
11 199
-
-
total
9 214
11 199
-
-
Income
202 500
202 500
202 500
202 500
Total tax
59 054
53 724
78 745
77 129
After tax
143 446
148 776
123 755
125 371
Living cost
21 034
21 034
21 034
21 034
Free-cash
122 412
127 742
102 721
104 337

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
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.
₽4413
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
₽159098
₽163006
₽154384
₽162771
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
-
-
-
202 500
pensions

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

-
-
-
4 088
unemployment
-
-
-
110
income
-
-
-
30 375
health
-
-
-
3 176
total
-
-
-
37 749
Employee
13 728
-
197 081
-
health
631
-
1 270
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 205
-
2 425
-
income
1 373
-
19 708
-
total
3 360
-
23 707
-
Employer
13 728
-
197 081
-
health
948
-
1 906
-
pensions

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

1 513
-
3 044
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 694
-
5 420
-
Corporate
186 079
202 500
-
-
income
18 608
20 250
-
-
total
18 608
20 250
-
-
Dividends
167 471
182 250
-
-
withholding
8 373
9 112
-
-
total
8 373
9 112
-
-
Income
202 500
202 500
202 500
202 500
Total tax
33 035
29 362
29 127
37 749
After tax
169 465
173 138
173 373
164 751
Living cost
10 367
10 367
10 367
10 367
Free-cash
159 098
162 771
163 006
154 384

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
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.
₽3300
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
₽79715
₽74130
₽81644
₽75053
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
-
-
-
202 500
income
-
-
-
41 198
other
-
-
-
6 278
health
-
-
-
10 543
social contributions
-
-
-
5 770
pensions
-
-
-
30 060
surtax
-
-
-
-
total
-
-
-
93 849
Employee
33 784
-
153 372
-
pensions
3 820
-
12 056
-
income
1 994
-
35 809
-
social contributions
963
-
4 370
-
surtax
-
-
-
-
total
6 777
-
52 235
-
Employer
33 784
-
153 372
-
health
2 365
-
15 836
-
social contributions
102
-
460
-
pensions
5 550
-
20 045
-
unemployment
1 368
-
6 212
-
other
1 165
-
6 575
-
total
10 550
-
49 128
-
Corporate
158 166
202 500
-
-
income
44 286
56 700
-
-
surtax
-
-
-
-
total
44 286
56 700
-
-
Dividends
113 879
145 800
-
-
social contributions
19 588
25 078
-
-
surtax
-
-
-
-
withholding
14 577
18 662
-
-
total
34 165
43 740
-
-
Income
202 500
202 500
202 500
202 500
Total tax
95 778
100 440
101 363
93 849
After tax
106 722
102 060
101 137
108 651
Living cost
27 007
27 007
27 007
27 007
Free-cash
79 715
75 053
74 130
81 644

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
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.
₽7324
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
₽63297
₽96395
₽74313
₽68134
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
-
-
-
202 500
pensions
-
-
-
9 249
income
-
-
-
76 136
health
-
-
-
9 734
total
-
-
-
95 119
Employee
67 409
67 409
187 830
-
health
10 347
8 801
9 734
-
pensions
12 134
9 249
9 249
-
income

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

11 034
11 034
39 384
-
total
33 515
29 084
58 367
-
Employer
67 409
67 409
187 830
-
health
4 686
4 686
5 823
-
pensions
4 692
4 692
5 832
-
unemployment
2 427
2 427
3 015
-
total
11 805
11 805
14 670
-
Corporate
124 114
123 287
-
-
income
24 823
24 657
-
-
total
24 823
24 657
-
-
Dividends
99 291
98 630
-
-
income
21 099
20 958
-
-
withholding
14 893
14 794
-
-
total
35 992
35 752
-
-
Income
202 500
202 500
202 500
202 500
Total tax
106 135
101 298
73 037
95 119
After tax
96 365
101 202
129 463
107 381
Living cost
33 068
33 068
33 068
33 068
Free-cash
63 297
68 134
96 395
74 313

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
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.
₽6127
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
₽86852
₽99736
₽73623
₽78121
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.

-
-
-
202 500
trade
-
-
-
26 113
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.

-
-
-
69 632
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.

-
-
-
5 393
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.

-
-
-
3 830
total
-
-
-
104 968
Employee

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

30 192
-
202 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 393
-
5 393
-
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.

843
-
69 632
-
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
-
3 830
-
total
6 282
-
78 855
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 308
202 500
-
-
income
25 846
30 375
-
-
trade
27 139
31 894
-
-
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.

1 422
1 670
-
-
chamber of commerce
367
410
-
-
total
54 774
64 349
-
-
Dividends
117 534
138 151
-
-
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.

1 600
1 883
-
-
withholding
29 083
34 238
-
-
total
30 683
36 121
-
-
Income
202 500
202 500
202 500
202 500
Total tax
91 739
100 470
78 855
104 968
After tax
110 761
102 030
123 645
97 532
Living cost
23 909
23 909
23 909
23 909
Free-cash
86 852
78 121
99 736
73 623

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
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.
₽5635
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
₽124947
₽115345
₽116955
₽129242
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
-
-
-
202 500
income
-
-
-
49 333
health
-
-
-
5 164
social contributions
-
-
-
12 772
total
-
-
-
67 269
Employee
60 699
60 699
192 150
-
health
470
1 032
3 267
-
income
6 609
5 619
48 467
-
social contributions
2 295
5 038
6 795
-
total
9 374
11 689
58 529
-
Employer
60 699
60 699
192 150
-
health
511
1 123
3 555
-
social contributions
2 295
5 038
6 795
-
total
2 806
6 161
10 350
-
Corporate
172 044
135 640
-
-
income
21 505
16 956
-
-
total
21 505
16 956
-
-
Dividends
150 539
118 684
-
-
withholding
25 592
20 176
-
-
total
25 592
20 176
-
-
Income
202 500
202 500
202 500
202 500
Total tax
59 277
54 982
68 879
67 269
After tax
143 223
147 518
133 621
135 231
Living cost
18 276
18 276
18 276
18 276
Free-cash
124 947
129 242
115 345
116 955

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽5126
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
₽89627
₽62872
₽79616
₽90422
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.

-
-
-
202 500
income
-
-
-
27 755
social contributions

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

-
-
-
70 369
surtax
-
-
-
-
total
-
-
-
98 124
Employee
36 305
-
163 636
-
income
7 552
-
57 358
-
social contributions
3 994
-
18 000
-
surtax
-
-
646
-
total
11 546
-
76 004
-
Employer
36 305
-
163 636
-
social contributions
8 622
-
38 864
-
total
8 622
-
38 864
-
Corporate
157 573
202 500
-
-
income
33 090
42 525
-
-
surtax
-
-
-
-
total
33 090
42 525
-
-
Dividends
124 482
159 975
-
-
withholding
34 855
44 793
-
-
total
34 855
44 793
-
-
Income
202 500
202 500
202 500
202 500
Total tax
88 113
87 318
114 868
98 124
After tax
114 387
115 182
87 632
104 376
Living cost
24 760
24 760
24 760
24 760
Free-cash
89 627
90 422
62 872
79 616

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽4361
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
₽185267
₽156014
₽194489
₽186389
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%.

-
-
-
202 500
microenterprise

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

-
-
-
2 025
total
-
-
-
2 025
Employee
7 482
-
202 500
-
income
1 496
-
40 500
-
total
1 496
-
40 500
-
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%.

195 018
202 500
-
-
total
-
-
-
-
Dividends
195 018
202 500
-
-
withholding
9 751
10 125
-
-
total
9 751
10 125
-
-
Income
202 500
202 500
202 500
202 500
Total tax
11 247
10 125
40 500
2 025
After tax
191 253
192 375
162 000
200 475
Living cost
5 986
5 986
5 986
5 986
Free-cash
185 267
186 389
156 014
194 489

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
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.
₽1614
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
₽111645
₽65816
₽70211
₽118247
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.

-
-
-
202 500
pensions
-
-
-
36 982
unemployment
-
-
-
304
income
-
-
-
53 904
health
-
-
-
19 926
total
-
-
-
111 116
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.

34 906
-
175 219
-
health
2 254
-
11 319
-
unemployment
49
-
246
-
pensions
5 411
-
27 158
-
income
6 020
-
49 507
-
total
13 734
-
88 230
-
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.

34 906
-
175 219
-
health
2 325
-
11 669
-
pensions
3 089
-
15 507
-
unemployment
21
-
105
-
total
5 435
-
27 281
-
Corporate
162 159
202 500
-
-
income
30 810
38 476
-
-
total
30 810
38 476
-
-
Dividends
131 349
164 024
-
-
withholding
19 703
24 604
-
-
total
19 703
24 604
-
-
Income
202 500
202 500
202 500
202 500
Total tax
69 682
63 080
115 511
111 116
After tax
132 818
139 420
86 989
91 384
Living cost
21 173
21 173
21 173
21 173
Free-cash
111 645
118 247
65 816
70 211

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
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.
₽4876
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
₽101560
₽111455
₽138505
₽98801
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.

-
-
-
202 500
income
-
-
-
30 375
health

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

-
-
-
4 966
total
-
-
-
35 341
Employee
36 212
-
198 869
-
social contributions
3 628
-
3 631
-
income
3 929
-
55 129
-
total
7 557
-
58 760
-
Employer
36 212
-
198 869
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
162 660
202 500
-
-
income
56 931
70 875
-
-
total
56 931
70 875
-
-
Dividends
105 729
131 625
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
202 500
202 500
202 500
202 500
Total tax
72 286
75 045
62 391
35 341
After tax
130 214
127 455
140 109
167 159
Living cost
28 654
28 654
28 654
28 654
Free-cash
101 560
98 801
111 455
138 505

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
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.
₽7081
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
₽107215
₽107266
₽113307
₽106806
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
-
-
-
202 500
income
-
-
-
30 375
health
-
-
-
14 135
social contributions
-
-
-
27 945
total
-
-
-
72 455
Employee
26 764
-
202 500
-
health
1 868
-
14 135
-
income
4 464
-
36 416
-
social contributions
3 694
-
27 945
-
total
10 026
-
78 496
-
Employer
26 764
-
202 500
-
total
-
-
-
-
Corporate
175 736
202 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

8 787
10 125
-
-
total
8 787
10 125
-
-
Dividends
166 948
192 375
-
-
social contributions
23 039
26 547
-
-
withholding
25 042
28 856
-
-
health
11 653
13 428
-
-
total
59 734
68 831
-
-
Income
202 500
202 500
202 500
202 500
Total tax
78 547
78 956
78 496
72 455
After tax
123 953
123 544
124 004
130 045
Living cost
16 738
16 738
16 738
16 738
Free-cash
107 215
106 806
107 266
113 307

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4118
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
₽109420
₽91256
₽100563
₽117309
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
-
-
-
202 500
income
-
-
-
22 401
health
-
-
-
27 338
social contributions
-
-
-
25 822
solidarity contribution
-
-
-
4 264
total
-
-
-
79 825
Employee
32 518
-
165 498
-
health
4 390
-
22 342
-
solidarity contribution
-
-
3 428
-
income
3 902
-
20 611
-
social contributions
2 114
-
5 748
-
total
10 406
-
52 129
-
Employer
32 518
-
165 498
-
health
2 927
-
14 895
-
social contributions
8 130
-
22 108
-
total
11 057
-
37 003
-
Corporate
158 925
202 500
-
-
income
30 196
38 475
-
-
total
30 196
38 475
-
-
Dividends
128 730
164 025
-
-
withholding
19 309
24 604
-
-
total
19 309
24 604
-
-
Income
202 500
202 500
202 500
202 500
Total tax
70 968
63 079
89 132
79 825
After tax
131 532
139 421
113 368
122 675
Living cost
22 112
22 112
22 112
22 112
Free-cash
109 420
117 309
91 256
100 563

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
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.
₽4061
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
₽181298
₽152672
₽191147
₽183047
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%.

-
-
-
202 500
microenterprise

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

-
-
-
2 025
total
-
-
-
2 025
Employee
11 661
-
202 500
-
income
2 332
-
40 500
-
total
2 332
-
40 500
-
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%.

190 839
202 500
-
-
total
-
-
-
-
Dividends
190 839
202 500
-
-
withholding
9 542
10 125
-
-
total
9 542
10 125
-
-
Income
202 500
202 500
202 500
202 500
Total tax
11 874
10 125
40 500
2 025
After tax
190 626
192 375
162 000
200 475
Living cost
9 328
9 328
9 328
9 328
Free-cash
181 298
183 047
152 672
191 147

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
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.
₽2311
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
₽69360
₽63011
₽70525
₽63934
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
-
-
-
202 500
income
-
-
-
41 198
other
-
-
-
6 278
health
-
-
-
10 543
social contributions
-
-
-
5 770
pensions
-
-
-
30 060
surtax
-
-
-
-
total
-
-
-
93 849
Employee
49 440
-
153 372
-
pensions
5 592
-
12 056
-
income
4 314
-
35 809
-
social contributions
1 408
-
4 370
-
surtax
-
-
-
-
total
11 314
-
52 235
-
Employer
49 440
-
153 372
-
health
3 460
-
15 836
-
social contributions
148
-
460
-
pensions
8 124
-
20 045
-
unemployment
2 003
-
6 212
-
other
1 706
-
6 575
-
total
15 441
-
49 128
-
Corporate
137 619
202 500
-
-
income
38 533
56 700
-
-
surtax
-
-
-
-
total
38 533
56 700
-
-
Dividends
99 086
145 800
-
-
social contributions
17 043
25 078
-
-
surtax
-
-
-
-
withholding
12 683
18 662
-
-
total
29 726
43 740
-
-
Income
202 500
202 500
202 500
202 500
Total tax
95 014
100 440
101 363
93 849
After tax
107 486
102 060
101 137
108 651
Living cost
38 126
38 126
38 126
38 126
Free-cash
69 360
63 934
63 011
70 525

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
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.
₽8681
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
₽128828
₽119574
₽119575
₽132698
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.

-
-
-
202 500
pensions
-
-
-
15 119
unemployment
-
-
-
872
income
-
-
-
47 338
health
-
-
-
5 989
total
-
-
-
69 318
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.

20 519
-
192 091
-
health
1 057
-
2 995
-
unemployment
154
-
436
-
pensions
2 873
-
8 141
-
income
2 828
-
47 338
-
total
6 912
-
58 910
-
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.

20 519
-
192 091
-
health
1 057
-
2 995
-
pensions
2 462
-
6 978
-
unemployment
154
-
436
-
total
3 673
-
10 409
-
Corporate
178 308
202 500
-
-
income
26 746
30 375
-
-
total
26 746
30 375
-
-
Dividends
151 562
172 125
-
-
withholding
22 734
25 819
-
-
total
22 734
25 819
-
-
Income
202 500
202 500
202 500
202 500
Total tax
60 065
56 194
69 319
69 318
After tax
142 435
146 306
133 181
133 182
Living cost
13 608
13 608
13 608
13 608
Free-cash
128 828
132 698
119 574
119 575

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
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.
₽2999
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
₽61860
₽98068
₽103259
₽38876
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
-
-
-
202 500
pensions
-
-
-
18 631
city
-
-
-
2 135
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.

-
-
-
4 050
health
-
-
-
455
regional
-
-
-
12 749
national
-
-
-
7 499
total
-
-
-
45 519
Employee
62 868
-
183 335
-
health
142
-
413
-
unemployment
-
-
-
-
city
675
-
1 998
-
pensions
5 282
-
13 069
-
regional
2 059
-
11 597
-
national
298
-
6 485
-
total
8 456
-
33 562
-
Employer
62 868
-
183 335
-
health
142
-
413
-
pensions
5 282
-
13 069
-
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.

1 257
-
3 666
-
total
6 681
-
17 148
-
Corporate
132 260
202 500
-
-
regional
27 974
42 828
-
-
national
11 242
17 213
-
-
total
39 216
60 041
-
-
Dividends
93 044
142 459
-
-
withholding
32 565
49 861
-
-
total
32 565
49 861
-
-
Income
202 500
202 500
202 500
202 500
Total tax
86 918
109 902
50 710
45 519
After tax
115 582
92 598
151 790
156 981
Living cost
53 722
53 722
53 722
53 722
Free-cash
61 860
38 876
98 068
103 259

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
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.
₽13307
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
₽95082
₽67886
₽91084
₽91893
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

-
-
-
202 500
municipal
-
-
-
35 949
health
-
-
-
2 789
national
-
-
-
42 372
total
-
-
-
81 110
Employee
41 530
-
170 353
-
health
310
-
2 293
-
unemployment
623
-
2 556
-
pensions
2 803
-
11 499
-
national
686
-
28 091
-
municipal
6 802
-
27 722
-
total
11 224
-
72 161
-
Employer
41 530
-
170 353
-
health
319
-
1 312
-
pensions
7 205
-
29 557
-
accident
42
-
171
-
unemployment
270
-
1 107
-
total
7 836
-
32 147
-
Corporate
153 134
202 500
-
-
income
30 626
40 499
-
-
total
30 626
40 499
-
-
Dividends

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

91 881
121 500
-
-
municipal
16 539
21 871
-
-
national
10 887
17 931
-
-
total
27 426
39 802
-
-
Income
202 500
202 500
202 500
202 500
Total tax
77 112
80 301
104 308
81 110
After tax
125 388
122 199
98 192
121 390
Living cost
30 306
30 306
30 306
30 306
Free-cash
95 082
91 893
67 886
91 084

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
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.
₽7114
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
₽72501
₽38969
₽59419
₽80952
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
-
-
-
202 500
communal

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

-
-
-
10 970
social contributions
-
-
-
19 680
national
-
-
-
83 649
total
-
-
-
114 299
Employee

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

56 464
-
156 842
-
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.

2 653
-
7 372
-
communal

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

2 945
-
8 180
-
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.

491
-
1 365
-
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.

4 235
-
11 764
-
national
17 359
-
60 409
-
total
27 683
-
89 090
-
Employer

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

56 464
-
156 842
-
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.

3 472
-
9 646
-
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.

5 003
-
13 897
-
surtax
6 402
-
17 787
-
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.

734
-
2 039
-
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.

824
-
2 290
-
total
16 435
-
45 659
-
Corporate
129 600
202 500
-
-
income
25 920
45 244
-
-
surtax
518
905
-
-
total
26 438
46 149
-
-
Dividends
103 162
156 352
-
-
withholding

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

30 661
46 617
-
-
total
30 661
46 617
-
-
Income
202 500
202 500
202 500
202 500
Total tax
101 217
92 766
134 749
114 299
After tax
101 283
109 734
67 751
88 201
Living cost
28 782
28 782
28 782
28 782
Free-cash
72 501
80 952
38 969
59 419

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
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.
₽7276
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
₽75629
₽65796
₽66625
₽76394
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
-
-
-
202 500
unemployment
-
-
-
75
municipal
-
-
-
53 916
other
-
-
-
8 702
health
-
-
-
4 673
national
-
-
-
26 092
accident
-
-
-
150
pensions
-
-
-
8 096
total
-
-
-
101 704
Employee
48 691
-
178 969
-
national
-
-
25 633
-
municipal
14 520
-
53 369
-
total
14 520
-
79 002
-
Employer
48 691
-
178 969
-
health
2 994
-
4 606
-
pensions
5 263
-
8 096
-
accident
97
-
150
-
unemployment
1 285
-
1 977
-
other
5 658
-
8 702
-
total
15 297
-
23 531
-
Corporate
138 510
202 500
-
-
income
30 472
44 550
-
-
total
30 472
44 550
-
-
Dividends
108 038
157 950
-
-
withholding
32 411
47 385
-
-
total
32 411
47 385
-
-
Income
202 500
202 500
202 500
202 500
Total tax
92 700
91 935
102 533
101 704
After tax
109 800
110 565
99 967
100 796
Living cost
34 171
34 171
34 171
34 171
Free-cash
75 629
76 394
65 796
66 625

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
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.
₽7652
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
₽43402
₽152972
₽101988
₽85245
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
-
-
-
202 500
income
-
-
-
39 471
social contributions
-
-
-
23 085
total
-
-
-
62 556
Employee
54 424
-
-
-
income
12 005
-
-
-
social contributions
4 463
-
636
-
total
16 468
-
636
-
Employer
54 424
-
-
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
71 338
202 500
-
-
income
15 694
44 550
-
-
total
15 694
44 550
-
-
Dividends
55 644
157 950
-
-
income
12 242
34 749
-
-
total
12 242
34 749
-
-
Income
202 500
202 500
202 500
202 500
Total tax
121 142
79 299
11 572
62 556
After tax
81 358
123 201
190 928
139 944
Living cost
37 956
37 956
37 956
37 956
Free-cash
43 402
85 245
152 972
101 988

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
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.
₽9275
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
₽118641
₽108018
₽109628
₽121915
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
-
-
-
202 500
income
-
-
-
49 333
health
-
-
-
5 164
social contributions
-
-
-
12 772
total
-
-
-
67 269
Employee
60 699
60 699
192 150
-
health
604
1 032
3 267
-
income
6 374
5 619
48 467
-
social contributions
2 950
5 038
6 795
-
total
9 928
11 689
58 529
-
Employer
60 699
60 699
192 150
-
health
658
1 123
3 555
-
social contributions
2 950
5 038
6 795
-
total
3 608
6 161
10 350
-
Corporate
163 362
135 640
-
-
income
20 420
16 956
-
-
total
20 420
16 956
-
-
Dividends
142 942
118 684
-
-
withholding
24 300
20 176
-
-
total
24 300
20 176
-
-
Income
202 500
202 500
202 500
202 500
Total tax
58 256
54 982
68 879
67 269
After tax
144 244
147 518
133 621
135 231
Living cost
25 603
25 603
25 603
25 603
Free-cash
118 641
121 915
108 018
109 628

Estimated living cost  is ₽25603 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
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.
₽5671
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
₽101444
₽82988
₽100937
₽96953
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
-
-
-
202 500
income
-
-
-
65 193
pensions
-
-
-
8 201
total
-
-
-
73 394
Employee
38 666
-
176 258
-
health
504
-
2 287
-
pensions
2 951
-
9 584
-
income
7 041
-
53 230
-
total
10 496
-
65 101
-
Employer
38 666
-
176 258
-
health
735
-
3 349
-
pensions
3 907
-
22 893
-
total
4 642
-
26 242
-
Corporate
159 193
202 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

30 247
38 476
-
-
total
30 247
38 476
-
-
Dividends
128 946
164 024
-
-
withholding
27 502
38 902
-
-
total
27 502
38 902
-
-
Income
202 500
202 500
202 500
202 500
Total tax
72 887
77 378
91 343
73 394
After tax
129 613
125 122
111 157
129 106
Living cost
28 169
28 169
28 169
28 169
Free-cash
101 444
96 953
82 988
100 937

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
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.
₽5901
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
₽71625
₽58575
₽65059
₽75215
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
-
-
-
202 500
municipal
-
-
-
1 467
regional
-
-
-
5 164
social contributions
-
-
-
39 508
national
-
-
-
59 855
total
-
-
-
105 994
Employee
66 517
-
202 500
-
social contributions
22 429
-
51 796
-
regional
1 004
-
4 755
-
national
11 241
-
54 571
-
municipal
397
-
1 356
-
total
35 071
-
112 478
-
Employer
66 517
-
202 500
-
total
-
-
-
-
Corporate
135 983
202 500
-
-
nationa
32 637
48 601
-
-
municipal
6 554
9 761
-
-
total
39 191
58 362
-
-
Dividends
96 792
144 139
-
-
withholding
25 166
37 476
-
-
total
25 166
37 476
-
-
Income
202 500
202 500
202 500
202 500
Total tax
99 428
95 838
112 478
105 994
After tax
103 072
106 662
90 022
96 506
Living cost
31 447
31 447
31 447
31 447
Free-cash
71 625
75 215
58 575
65 059

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽6718
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
₽13819
₽95538
₽121351
-₽432
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
-
-
-
202 500
pensions
-
-
-
3 184
income
-
-
-
58 985
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
64 315
Employee
26 480
-
186 391
-
health
3 032
-
21 342
-
pensions
2 982
-
5 838
-
income
3 633
-
46 838
-
total
9 647
-
74 018
-
Employer
26 480
-
186 391
-
pensions
4 306
-
8 430
-
accident
442
-
3 113
-
unemployment
649
-
4 567
-
total
5 397
-
16 110
-
Corporate
170 623
202 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

153 561
182 250
-
-
total
153 561
182 250
-
-
Dividends
17 062
20 250
-
-
withholding
3 242
3 848
-
-
total
3 242
3 848
-
-
Income
202 500
202 500
202 500
202 500
Total tax
171 847
186 098
90 128
64 315
After tax
30 653
16 402
112 372
138 185
Living cost
16 834
16 834
16 834
16 834
Free-cash
13 819
-432
95 538
121 351

Estimated living cost  is ₽16834 per week

₽12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3212
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
₽83962
₽93169
₽69378
₽73638
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.

-
-
-
202 500
trade
-
-
-
23 792
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.

-
-
-
69 632
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.

-
-
-
5 393
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.

-
-
-
3 830
total
-
-
-
102 647
Employee

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

39 276
-
202 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

5 393
-
5 393
-
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.

3 230
-
69 632
-
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.

178
-
3 830
-
total
8 801
-
78 855
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 224
202 500
-
-
income
24 483
30 375
-
-
trade
23 422
29 059
-
-
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.

1 347
1 670
-
-
chamber of commerce
360
416
-
-
total
49 612
61 520
-
-
Dividends
113 612
140 979
-
-
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.

1 546
1 922
-
-
withholding
28 104
34 945
-
-
total
29 650
36 867
-
-
Income
202 500
202 500
202 500
202 500
Total tax
88 063
98 387
78 855
102 647
After tax
114 437
104 113
123 645
99 853
Living cost
30 476
30 476
30 476
30 476
Free-cash
83 962
73 638
93 169
69 378

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽5731
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
₽139102
₽72930
₽58910
₽145579
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.

-
-
-
202 500
income
-
-
-
45 287
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.

-
-
-
30 244
surtax
-
-
-
51 637
total
-
-
-
127 168
Employee
23 066
-
162 016
-
income
4 106
-
38 823
-
social contributions

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

2 538
-
10 348
-
surtax
-
-
23 493
-
total
6 644
-
72 664
-
Employer
23 066
-
162 016
-
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.

5 556
-
22 663
-
surtax
-
-
17 821
-
total
5 556
-
40 484
-
Corporate
173 878
202 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

34 776
40 499
-
-
total
34 776
40 499
-
-
Dividends

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

139 103
162 001
-
-
total
-
-
-
-
Income
202 500
202 500
202 500
202 500
Total tax
46 976
40 499
113 148
127 168
After tax
155 524
162 001
89 352
75 332
Living cost
16 422
16 422
16 422
16 422
Free-cash
139 102
145 579
72 930
58 910

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
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.
₽4009
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
₽114984
₽115423
₽116118
₽116590
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
-
-
-
202 500
income
-
-
-
64 319
health
-
-
-
5 167
pensions
-
-
-
7 126
total
-
-
-
76 612
Employee
14 880
-
194 483
-
health
744
-
1 782
-
unemployment
149
-
356
-
pensions
1 339
-
3 207
-
income
2 879
-
63 945
-
total
5 111
-
69 290
-
Employer
14 880
-
194 483
-
health
1 414
-
3 385
-
pensions
1 637
-
3 919
-
unemployment
298
-
713
-
total
3 349
-
8 017
-
Corporate
184 272
202 500
-
-
income
40 540
44 550
-
-
total
40 540
44 550
-
-
Dividends
143 732
157 950
-
-
withholding
28 746
31 590
-
-
total
28 746
31 590
-
-
Income
202 500
202 500
202 500
202 500
Total tax
77 746
76 140
77 307
76 612
After tax
124 754
126 360
125 193
125 888
Living cost
9 770
9 770
9 770
9 770
Free-cash
114 984
116 590
115 423
116 118

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
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.
₽2948
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
₽107132
₽72429
₽77258
₽109643
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
-
-
-
202 500
pensions
-
-
-
21 071
unemployment
-
-
-
180
income
-
-
-
67 111
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
11 671
total
-
-
-
107 512
Employee
26 583
-
180 324
-
health
679
-
2 686
-
unemployment
1 850
-
7 333
-
pensions
1 774
-
7 027
-
income
4 456
-
62 391
-
other
-
-
-
-
surtax
94
-
10 727
-
total
8 853
-
90 164
-
Employer
26 583
-
180 324
-
health
1 209
-
4 794
-
pensions
3 544
-
14 044
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 177
-
Corporate
170 320
202 500
-
-
income
44 283
52 650
-
-
total
44 283
52 650
-
-
Dividends
126 037
149 850
-
-
withholding
18 906
22 477
-
-
total
18 906
22 477
-
-
Income
202 500
202 500
202 500
202 500
Total tax
77 638
75 127
112 341
107 512
After tax
124 862
127 373
90 159
94 988
Living cost
17 730
17 730
17 730
17 730
Free-cash
107 132
109 643
72 429
77 258

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽5074
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
₽85944
₽27307
₽78304
₽86337
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
-
-
-
202 500
pensions
-
-
-
17 061