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
₽ 203000
per

Your estimated
City
free-cash

Valencia , Spain
₽109214
₽88055
₽91386
₽112721
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
-
-
-
203 000
unemployment
-
-
-
515
income
-
-
-
67 710
other
-
-
-
74
accident
-
-
-
663
pensions
-
-
-
20 822
total
-
-
-
89 784
Employee
29 353
-
179 543
-
unemployment
455
-
1 140
-
pensions
1 380
-
3 459
-
income
5 659
-
64 985
-
other
29
-
74
-
total
7 523
-
69 658
-
Employer
29 353
-
179 543
-
pensions
6 927
-
17 365
-
accident
581
-
1 457
-
unemployment
1 615
-
4 046
-
other
235
-
589
-
total
9 358
-
23 457
-
Corporate
164 289
203 000
-
-
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.

24 643
30 450
-
-
total
24 643
30 450
-
-
Dividends
139 646
172 550
-
-
withholding
30 432
37 999
-
-
total
30 432
37 999
-
-
Income
203 000
203 000
203 000
203 000
Total tax
71 956
68 449
93 115
89 784
After tax
131 044
134 551
109 885
113 216
Living cost
21 830
21 830
21 830
21 830
Free-cash
109 214
112 721
88 055
91 386

Estimated living cost  is ₽21830 per week

₽14735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2098
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.
₽4614
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
₽122629
₽102823
₽104443
₽127991
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
-
-
-
203 000
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.

-
-
-
28 972
income
-
-
-
37 386
other
-
-
-
5 734
health
-
-
-
5 312
total
-
-
-
77 404
Employee
28 823
-
172 169
-
health
404
-
1 690
-
unemployment
288
-
1 207
-
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.

2 017
-
8 450
-
income
4 962
-
36 846
-
total
7 671
-
48 193
-
Employer
28 823
-
172 169
-
health
404
-
1 690
-
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.

4 901
-
20 522
-
accident
230
-
1 377
-
unemployment
288
-
1 207
-
other
1 442
-
6 035
-
total
7 265
-
30 831
-
Corporate
166 912
203 000
-
-
income
35 052
42 630
-
-
total
35 052
42 630
-
-
Dividends
131 860
160 370
-
-
withholding
9 230
11 226
-
-
total
9 230
11 226
-
-
Income
203 000
203 000
203 000
203 000
Total tax
59 218
53 856
79 024
77 404
After tax
143 782
149 144
123 976
125 596
Living cost
21 153
21 153
21 153
21 153
Free-cash
122 629
127 991
102 823
104 443

Estimated living cost  is ₽21153 per week

₽14946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
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.
₽4438
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
₽159505
₽163428
₽154781
₽163182
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
-
-
-
203 000
pensions

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

-
-
-
4 094
unemployment
-
-
-
111
income
-
-
-
30 450
health
-
-
-
3 181
total
-
-
-
37 836
Employee
13 749
-
197 573
-
health
632
-
1 272
-
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.

1 207
-
2 429
-
income
1 375
-
19 757
-
total
3 365
-
23 762
-
Employer
13 749
-
197 573
-
health
949
-
1 909
-
pensions

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

1 515
-
3 048
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 697
-
5 427
-
Corporate
186 553
203 000
-
-
income
18 655
20 300
-
-
total
18 655
20 300
-
-
Dividends
167 898
182 700
-
-
withholding
8 395
9 135
-
-
total
8 395
9 135
-
-
Income
203 000
203 000
203 000
203 000
Total tax
33 112
29 435
29 189
37 836
After tax
169 888
173 565
173 811
165 164
Living cost
10 383
10 383
10 383
10 383
Free-cash
159 505
163 182
163 428
154 781

Estimated living cost  is ₽10383 per week

₽6062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽742
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.
₽3305
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
₽79842
₽74313
₽81809
₽75151
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
-
-
-
203 000
income
-
-
-
41 224
other
-
-
-
6 292
health
-
-
-
10 554
social contributions
-
-
-
5 783
pensions
-
-
-
30 178
surtax
-
-
-
-
total
-
-
-
94 031
Employee
33 975
-
153 777
-
pensions
3 841
-
12 076
-
income
2 005
-
35 846
-
social contributions
969
-
4 381
-
surtax
-
-
-
-
total
6 815
-
52 303
-
Employer
33 975
-
153 777
-
health
2 379
-
15 865
-
social contributions
102
-
461
-
pensions
5 581
-
20 082
-
unemployment
1 375
-
6 228
-
other
1 172
-
6 588
-
total
10 609
-
49 224
-
Corporate
158 415
203 000
-
-
income
44 356
56 840
-
-
surtax
-
-
-
-
total
44 356
56 840
-
-
Dividends
114 059
146 160
-
-
social contributions
19 619
25 140
-
-
surtax
-
-
-
-
withholding
14 599
18 709
-
-
total
34 218
43 849
-
-
Income
203 000
203 000
203 000
203 000
Total tax
95 998
100 689
101 527
94 031
After tax
107 002
102 311
101 473
108 969
Living cost
27 160
27 160
27 160
27 160
Free-cash
79 842
75 151
74 313
81 809

Estimated living cost  is ₽27160 per week

₽17125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
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.
₽7365
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
₽96530
₽74423
₽68192
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
-
-
-
203 000
pensions
-
-
-
9 301
income
-
-
-
76 232
health
-
-
-
9 789
total
-
-
-
95 322
Employee
67 791
67 791
188 247
-
health
10 405
8 850
9 789
-
pensions
12 202
9 301
9 301
-
income

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

11 096
11 096
39 372
-
total
33 703
29 247
58 462
-
Employer
67 791
67 791
188 247
-
health
4 712
4 712
5 856
-
pensions
4 718
4 718
5 865
-
unemployment
2 440
2 440
3 032
-
total
11 870
11 870
14 753
-
Corporate
124 170
123 339
-
-
income
24 834
24 668
-
-
total
24 834
24 668
-
-
Dividends
99 336
98 670
-
-
income
21 108
20 967
-
-
withholding
14 900
14 801
-
-
total
36 008
35 768
-
-
Income
203 000
203 000
203 000
203 000
Total tax
106 415
101 553
73 215
95 322
After tax
96 585
101 447
129 785
107 678
Living cost
33 255
33 255
33 255
33 255
Free-cash
63 330
68 192
96 530
74 423

Estimated living cost  is ₽33255 per week

₽23567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
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.
₽6161
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
₽87017
₽99942
₽73782
₽78236
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.

-
-
-
203 000
trade
-
-
-
26 160
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.

-
-
-
69 753
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.

-
-
-
5 423
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.

-
-
-
3 837
total
-
-
-
105 173
Employee

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

30 363
-
203 000
-
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.

5 423
-
5 423
-
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.

848
-
69 753
-
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.

47
-
3 837
-
total
6 318
-
79 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 637
203 000
-
-
income
25 896
30 450
-
-
trade
27 190
31 973
-
-
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.

1 424
1 675
-
-
chamber of commerce
369
413
-
-
total
54 879
64 511
-
-
Dividends
117 758
138 489
-
-
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.

1 603
1 888
-
-
withholding
29 138
34 320
-
-
total
30 741
36 208
-
-
Income
203 000
203 000
203 000
203 000
Total tax
91 938
100 719
79 013
105 173
After tax
111 062
102 281
123 987
97 827
Living cost
24 045
24 045
24 045
24 045
Free-cash
87 017
78 236
99 942
73 782

Estimated living cost  is ₽24045 per week

₽15125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5667
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
₽125184
₽115594
₽117208
₽129505
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
-
-
-
203 000
income
-
-
-
49 392
health
-
-
-
5 176
social contributions
-
-
-
12 844
total
-
-
-
67 412
Employee
61 042
61 042
192 604
-
health
473
1 038
3 274
-
income
6 646
5 651
48 523
-
social contributions
2 308
5 066
6 833
-
total
9 427
11 755
58 630
-
Employer
61 042
61 042
192 604
-
health
514
1 130
3 563
-
social contributions
2 308
5 066
6 833
-
total
2 822
6 196
10 396
-
Corporate
172 371
135 762
-
-
income
21 547
16 970
-
-
total
21 547
16 970
-
-
Dividends
150 825
118 791
-
-
withholding
25 640
20 194
-
-
total
25 640
20 194
-
-
Income
203 000
203 000
203 000
203 000
Total tax
59 436
55 115
69 026
67 412
After tax
143 564
147 885
133 974
135 588
Living cost
18 380
18 380
18 380
18 380
Free-cash
125 184
129 505
115 594
117 208

Estimated living cost  is ₽18380 per week

₽11015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1803
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
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
₽89768
₽62999
₽79762
₽90567
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.

-
-
-
203 000
income
-
-
-
27 795
social contributions

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

-
-
-
70 543
surtax
-
-
-
-
total
-
-
-
98 338
Employee
36 510
-
164 040
-
income
7 594
-
57 460
-
social contributions
4 016
-
18 044
-
surtax
-
-
637
-
total
11 610
-
76 141
-
Employer
36 510
-
164 040
-
social contributions
8 671
-
38 960
-
total
8 671
-
38 960
-
Corporate
157 818
203 000
-
-
income
33 142
42 630
-
-
surtax
-
-
-
-
total
33 142
42 630
-
-
Dividends
124 676
160 370
-
-
withholding
34 909
44 903
-
-
total
34 909
44 903
-
-
Income
203 000
203 000
203 000
203 000
Total tax
88 332
87 533
115 101
98 338
After tax
114 668
115 467
87 899
104 662
Living cost
24 900
24 900
24 900
24 900
Free-cash
89 768
90 567
62 999
79 762

Estimated living cost  is ₽24900 per week

₽18630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
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.
₽4385
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
₽185716
₽156392
₽194962
₽186842
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%.

-
-
-
203 000
microenterprise

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

-
-
-
2 030
total
-
-
-
2 030
Employee
7 510
-
203 000
-
income
1 502
-
40 600
-
total
1 502
-
40 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

195 490
203 000
-
-
total
-
-
-
-
Dividends
195 490
203 000
-
-
withholding
9 774
10 150
-
-
total
9 774
10 150
-
-
Income
203 000
203 000
203 000
203 000
Total tax
11 276
10 150
40 600
2 030
After tax
191 724
192 850
162 400
200 970
Living cost
6 008
6 008
6 008
6 008
Free-cash
185 716
186 842
156 392
194 962

Estimated living cost  is ₽6008 per week

₽3723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
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.
₽1620
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
₽111833
₽65969
₽70376
₽118472
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.

-
-
-
203 000
pensions
-
-
-
37 072
unemployment
-
-
-
304
income
-
-
-
53 979
health
-
-
-
19 976
total
-
-
-
111 331
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.

35 104
-
175 650
-
health
2 267
-
11 348
-
unemployment
50
-
246
-
pensions
5 441
-
27 226
-
income
6 054
-
49 569
-
total
13 812
-
88 389
-
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.

35 104
-
175 650
-
health
2 338
-
11 699
-
pensions
3 106
-
15 545
-
unemployment
21
-
105
-
total
5 465
-
27 349
-
Corporate
162 431
203 000
-
-
income
30 861
38 570
-
-
total
30 861
38 570
-
-
Dividends
131 570
164 430
-
-
withholding
19 736
24 665
-
-
total
19 736
24 665
-
-
Income
203 000
203 000
203 000
203 000
Total tax
69 874
63 235
115 738
111 331
After tax
133 126
139 765
87 262
91 669
Living cost
21 293
21 293
21 293
21 293
Free-cash
111 833
118 472
65 969
70 376

Estimated living cost  is ₽21293 per week

₽14613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
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.
₽4904
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
₽101713
₽111664
₽138750
₽98938
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.

-
-
-
203 000
income
-
-
-
30 450
health

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

-
-
-
4 983
total
-
-
-
35 433
Employee
36 417
-
199 348
-
social contributions
3 649
-
3 652
-
income
3 951
-
55 215
-
total
7 600
-
58 867
-
Employer
36 417
-
199 348
-
social contributions
3 649
-
3 652
-
total
3 649
-
3 652
-
Corporate
162 935
203 000
-
-
income
57 027
71 051
-
-
total
57 027
71 051
-
-
Dividends
105 908
131 949
-
-
social contributions
4 194
4 194
-
-
total
4 194
4 194
-
-
Income
203 000
203 000
203 000
203 000
Total tax
72 470
75 245
62 519
35 433
After tax
130 530
127 755
140 481
167 567
Living cost
28 817
28 817
28 817
28 817
Free-cash
101 713
98 938
111 664
138 750

Estimated living cost  is ₽28817 per week

₽18981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
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.
₽7121
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
₽107426
₽107491
₽113533
₽107016
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
-
-
-
203 000
income
-
-
-
30 450
health
-
-
-
14 170
social contributions
-
-
-
28 014
total
-
-
-
72 634
Employee
26 916
-
203 000
-
health
1 879
-
14 170
-
income
4 489
-
36 492
-
social contributions
3 715
-
28 014
-
total
10 083
-
78 676
-
Employer
26 916
-
203 000
-
total
-
-
-
-
Corporate
176 084
203 000
-
-
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%.

8 804
10 151
-
-
total
8 804
10 151
-
-
Dividends
167 280
192 849
-
-
social contributions
23 085
26 613
-
-
withholding
25 092
28 927
-
-
health
11 677
13 460
-
-
total
59 854
69 000
-
-
Income
203 000
203 000
203 000
203 000
Total tax
78 741
79 151
78 676
72 634
After tax
124 259
123 849
124 324
130 366
Living cost
16 833
16 833
16 833
16 833
Free-cash
107 426
107 016
107 491
113 533

Estimated living cost  is ₽16833 per week

₽11265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4141
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
₽109635
₽91418
₽100745
₽117558
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
-
-
-
203 000
income
-
-
-
22 449
health
-
-
-
27 405
social contributions
-
-
-
25 933
solidarity contribution
-
-
-
4 260
total
-
-
-
80 047
Employee
32 659
-
165 869
-
health
4 409
-
22 392
-
solidarity contribution
-
-
3 422
-
income
3 919
-
20 656
-
social contributions
2 123
-
5 773
-
total
10 451
-
52 243
-
Employer
32 659
-
165 869
-
health
2 939
-
14 928
-
social contributions
8 165
-
22 203
-
total
11 104
-
37 131
-
Corporate
159 238
203 000
-
-
income
30 255
38 570
-
-
total
30 255
38 570
-
-
Dividends
128 982
164 430
-
-
withholding
19 347
24 664
-
-
total
19 347
24 664
-
-
Income
203 000
203 000
203 000
203 000
Total tax
71 157
63 234
89 374
80 047
After tax
131 843
139 766
113 626
122 953
Living cost
22 208
22 208
22 208
22 208
Free-cash
109 635
117 558
91 418
100 745

Estimated living cost  is ₽22208 per week

₽16515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
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.
₽4078
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
₽181731
₽153037
₽191607
₽183487
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%.

-
-
-
203 000
microenterprise

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

-
-
-
2 030
total
-
-
-
2 030
Employee
11 704
-
203 000
-
income
2 341
-
40 600
-
total
2 341
-
40 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

191 296
203 000
-
-
total
-
-
-
-
Dividends
191 296
203 000
-
-
withholding
9 565
10 150
-
-
total
9 565
10 150
-
-
Income
203 000
203 000
203 000
203 000
Total tax
11 906
10 150
40 600
2 030
After tax
191 094
192 850
162 400
200 970
Living cost
9 363
9 363
9 363
9 363
Free-cash
181 731
183 487
153 037
191 607

Estimated living cost  is ₽9363 per week

₽6336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽314
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.
₽2320
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
₽69428
₽63132
₽70628
₽63970
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
-
-
-
203 000
income
-
-
-
41 224
other
-
-
-
6 292
health
-
-
-
10 554
social contributions
-
-
-
5 783
pensions
-
-
-
30 178
surtax
-
-
-
-
total
-
-
-
94 031
Employee
49 720
-
153 777
-
pensions
5 624
-
12 076
-
income
4 338
-
35 846
-
social contributions
1 416
-
4 381
-
surtax
-
-
-
-
total
11 378
-
52 303
-
Employer
49 720
-
153 777
-
health
3 480
-
15 865
-
social contributions
149
-
461
-
pensions
8 170
-
20 082
-
unemployment
2 014
-
6 228
-
other
1 716
-
6 588
-
total
15 529
-
49 224
-
Corporate
137 752
203 000
-
-
income
38 570
56 840
-
-
surtax
-
-
-
-
total
38 570
56 840
-
-
Dividends
99 182
146 160
-
-
social contributions
17 059
25 140
-
-
surtax
-
-
-
-
withholding
12 695
18 709
-
-
total
29 754
43 849
-
-
Income
203 000
203 000
203 000
203 000
Total tax
95 231
100 689
101 527
94 031
After tax
107 769
102 311
101 473
108 969
Living cost
38 341
38 341
38 341
38 341
Free-cash
69 428
63 970
63 132
70 628

Estimated living cost  is ₽38341 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
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.
₽8730
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
₽129095
₽119775
₽119774
₽132987
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.

-
-
-
203 000
pensions
-
-
-
15 201
unemployment
-
-
-
877
income
-
-
-
47 445
health
-
-
-
6 022
total
-
-
-
69 545
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.

20 631
-
192 535
-
health
1 062
-
3 011
-
unemployment
155
-
438
-
pensions
2 888
-
8 185
-
income
2 844
-
47 445
-
total
6 949
-
59 079
-
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.

20 631
-
192 535
-
health
1 062
-
3 011
-
pensions
2 476
-
7 016
-
unemployment
155
-
438
-
total
3 693
-
10 465
-
Corporate
178 676
203 000
-
-
income
26 801
30 450
-
-
total
26 801
30 450
-
-
Dividends
151 875
172 550
-
-
withholding
22 781
25 882
-
-
total
22 781
25 882
-
-
Income
203 000
203 000
203 000
203 000
Total tax
60 224
56 332
69 544
69 545
After tax
142 776
146 668
133 456
133 455
Living cost
13 681
13 681
13 681
13 681
Free-cash
129 095
132 987
119 775
119 774

Estimated living cost  is ₽13681 per week

₽9212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽3016
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
₽61928
₽98186
₽103403
₽38823
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
-
-
-
203 000
pensions
-
-
-
18 676
city
-
-
-
2 140
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.

-
-
-
4 060
health
-
-
-
456
regional
-
-
-
12 767
national
-
-
-
7 494
total
-
-
-
45 593
Employee
63 198
-
183 779
-
health
143
-
413
-
unemployment
-
-
-
-
city
678
-
2 001
-
pensions
5 310
-
13 111
-
regional
2 069
-
11 609
-
national
299
-
6 476
-
total
8 499
-
33 610
-
Employer
63 198
-
183 779
-
health
143
-
413
-
pensions
5 310
-
13 111
-
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.

1 264
-
3 676
-
total
6 717
-
17 200
-
Corporate
132 391
203 000
-
-
regional
28 001
42 935
-
-
national
11 253
17 254
-
-
total
39 254
60 189
-
-
Dividends
93 137
142 810
-
-
withholding
32 598
49 984
-
-
total
32 598
49 984
-
-
Income
203 000
203 000
203 000
203 000
Total tax
87 068
110 173
50 810
45 593
After tax
115 932
92 827
152 190
157 407
Living cost
54 004
54 004
54 004
54 004
Free-cash
61 928
38 823
98 186
103 403

Estimated living cost  is ₽54004 per week

₽35118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
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.
₽13376
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
₽95254
₽68025
₽91278
₽92086
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

-
-
-
203 000
municipal
-
-
-
36 037
health
-
-
-
2 794
national
-
-
-
42 413
total
-
-
-
81 244
Employee
41 765
-
170 775
-
health
312
-
2 299
-
unemployment
627
-
2 561
-
pensions
2 819
-
11 527
-
national
690
-
28 096
-
municipal
6 841
-
27 790
-
total
11 289
-
72 273
-
Employer
41 765
-
170 775
-
health
321
-
1 315
-
pensions
7 246
-
29 629
-
accident
42
-
170
-
unemployment
271
-
1 110
-
total
7 880
-
32 224
-
Corporate
153 354
203 000
-
-
income
30 671
40 601
-
-
total
30 671
40 601
-
-
Dividends

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

92 012
121 800
-
-
municipal
16 562
21 923
-
-
national
10 866
17 912
-
-
total
27 428
39 835
-
-
Income
203 000
203 000
203 000
203 000
Total tax
77 268
80 436
104 497
81 244
After tax
125 732
122 564
98 503
121 756
Living cost
30 478
30 478
30 478
30 478
Free-cash
95 254
92 086
68 025
91 278

Estimated living cost  is ₽30478 per week

₽19908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
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.
₽7154
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
₽72548
₽39000
₽59471
₽81093
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
-
-
-
203 000
communal

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

-
-
-
10 993
social contributions
-
-
-
19 792
national
-
-
-
83 800
total
-
-
-
114 585
Employee

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

56 784
-
157 229
-
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.

2 668
-
7 389
-
communal

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

2 962
-
8 201
-
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.

494
-
1 368
-
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.

4 259
-
11 793
-
national
17 458
-
60 535
-
total
27 841
-
89 286
-
Employer

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

56 784
-
157 229
-
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.

3 492
-
9 670
-
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.

5 032
-
13 930
-
surtax
6 439
-
17 830
-
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.

738
-
2 044
-
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.

829
-
2 296
-
total
16 530
-
45 770
-
Corporate
129 687
203 000
-
-
income
25 938
45 311
-
-
surtax
518
907
-
-
total
26 456
46 218
-
-
Dividends
103 231
156 782
-
-
withholding

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

30 681
46 745
-
-
total
30 681
46 745
-
-
Income
203 000
203 000
203 000
203 000
Total tax
101 508
92 963
135 056
114 585
After tax
101 492
110 037
67 944
88 415
Living cost
28 944
28 944
28 944
28 944
Free-cash
72 548
81 093
39 000
59 471

Estimated living cost  is ₽28944 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽7317
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
₽75716
₽65886
₽66720
₽76487
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
-
-
-
203 000
unemployment
-
-
-
75
municipal
-
-
-
54 031
other
-
-
-
8 748
health
-
-
-
4 698
national
-
-
-
26 088
accident
-
-
-
151
pensions
-
-
-
8 138
total
-
-
-
101 929
Employee
48 947
-
179 345
-
national
-
-
25 627
-
municipal
14 596
-
53 481
-
total
14 596
-
79 108
-
Employer
48 947
-
179 345
-
health
3 010
-
4 630
-
pensions
5 291
-
8 138
-
accident
98
-
151
-
unemployment
1 292
-
1 988
-
other
5 688
-
8 748
-
total
15 379
-
23 655
-
Corporate
138 674
203 000
-
-
income
30 508
44 660
-
-
total
30 508
44 660
-
-
Dividends
108 165
158 340
-
-
withholding
32 450
47 502
-
-
total
32 450
47 502
-
-
Income
203 000
203 000
203 000
203 000
Total tax
92 933
92 162
102 763
101 929
After tax
110 067
110 838
100 237
101 071
Living cost
34 351
34 351
34 351
34 351
Free-cash
75 716
76 487
65 886
66 720

Estimated living cost  is ₽34351 per week

₽22767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3371
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.
₽7692
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
₽43245
₽153184
₽102113
₽85329
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
-
-
-
203 000
income
-
-
-
39 569
social contributions
-
-
-
23 142
total
-
-
-
62 711
Employee
54 739
-
-
-
income
12 074
-
-
-
social contributions
4 489
-
640
-
total
16 563
-
640
-
Employer
54 739
-
-
-
social contributions
77 182
-
11 000
-
total
77 182
-
11 000
-
Corporate
71 078
203 000
-
-
income
15 637
44 660
-
-
total
15 637
44 660
-
-
Dividends
55 441
158 340
-
-
income
12 197
34 835
-
-
total
12 197
34 835
-
-
Income
203 000
203 000
203 000
203 000
Total tax
121 579
79 495
11 640
62 711
After tax
81 421
123 505
191 360
140 289
Living cost
38 176
38 176
38 176
38 176
Free-cash
43 245
85 329
153 184
102 113

Estimated living cost  is ₽38176 per week

₽24770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽9329
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
₽118846
₽108226
₽109840
₽122137
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
-
-
-
203 000
income
-
-
-
49 392
health
-
-
-
5 176
social contributions
-
-
-
12 844
total
-
-
-
67 412
Employee
61 042
61 042
192 604
-
health
607
1 038
3 274
-
income
6 410
5 651
48 523
-
social contributions
2 966
5 066
6 833
-
total
9 983
11 755
58 630
-
Employer
61 042
61 042
192 604
-
health
661
1 130
3 563
-
social contributions
2 966
5 066
6 833
-
total
3 627
6 196
10 396
-
Corporate
163 641
135 762
-
-
income
20 455
16 970
-
-
total
20 455
16 970
-
-
Dividends
143 186
118 791
-
-
withholding
24 341
20 194
-
-
total
24 341
20 194
-
-
Income
203 000
203 000
203 000
203 000
Total tax
58 406
55 115
69 026
67 412
After tax
144 594
147 885
133 974
135 588
Living cost
25 748
25 748
25 748
25 748
Free-cash
118 846
122 137
108 226
109 840

Estimated living cost  is ₽25748 per week

₽17601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
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.
₽5703
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
₽101683
₽83171
₽101163
₽97175
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
-
-
-
203 000
income
-
-
-
65 338
pensions
-
-
-
8 226
total
-
-
-
73 564
Employee
38 808
-
176 694
-
health
506
-
2 293
-
pensions
2 962
-
9 614
-
income
7 067
-
53 342
-
total
10 535
-
65 249
-
Employer
38 808
-
176 694
-
health
738
-
3 358
-
pensions
3 921
-
22 949
-
total
4 659
-
26 307
-
Corporate
159 533
203 000
-
-
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.

30 311
38 570
-
-
total
30 311
38 570
-
-
Dividends
129 222
164 430
-
-
withholding
27 539
38 982
-
-
total
27 539
38 982
-
-
Income
203 000
203 000
203 000
203 000
Total tax
73 044
77 552
91 556
73 564
After tax
129 956
125 448
111 444
129 436
Living cost
28 273
28 273
28 273
28 273
Free-cash
101 683
97 175
83 171
101 163

Estimated living cost  is ₽28273 per week

₽19395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
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.
₽5922
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
₽71691
₽58564
₽65087
₽75303
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
-
-
-
203 000
municipal
-
-
-
1 469
regional
-
-
-
5 172
social contributions
-
-
-
39 731
national
-
-
-
59 916
total
-
-
-
106 288
Employee
66 894
-
203 000
-
social contributions
22 556
-
52 089
-
regional
1 010
-
4 760
-
national
11 304
-
54 603
-
municipal
399
-
1 359
-
total
35 269
-
112 811
-
Employer
66 894
-
203 000
-
total
-
-
-
-
Corporate
136 106
203 000
-
-
nationa
32 666
48 720
-
-
municipal
6 561
9 784
-
-
total
39 227
58 504
-
-
Dividends
96 880
144 495
-
-
withholding
25 188
37 568
-
-
total
25 188
37 568
-
-
Income
203 000
203 000
203 000
203 000
Total tax
99 684
96 072
112 811
106 288
After tax
103 316
106 928
90 189
96 712
Living cost
31 625
31 625
31 625
31 625
Free-cash
71 691
75 303
58 564
65 087

Estimated living cost  is ₽31625 per week

₽22214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
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.
₽6756
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
₽13837
₽95633
₽121542
-₽545
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
-
-
-
203 000
pensions
-
-
-
3 213
income
-
-
-
59 092
other
-
-
-
286
health
-
-
-
1 684
accident
-
-
-
195
total
-
-
-
64 470
Employee
26 723
-
186 797
-
health
3 060
-
21 388
-
pensions
3 009
-
5 891
-
income
3 666
-
46 898
-
total
9 735
-
74 177
-
Employer
26 723
-
186 797
-
pensions
4 345
-
8 507
-
accident
446
-
3 119
-
unemployment
655
-
4 576
-
total
5 446
-
16 202
-
Corporate
170 831
203 000
-
-
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.

153 748
182 700
-
-
total
153 748
182 700
-
-
Dividends
17 083
20 300
-
-
withholding
3 246
3 857
-
-
total
3 246
3 857
-
-
Income
203 000
203 000
203 000
203 000
Total tax
172 175
186 557
90 379
64 470
After tax
30 825
16 443
112 621
138 530
Living cost
16 988
16 988
16 988
16 988
Free-cash
13 837
-545
95 633
121 542

Estimated living cost  is ₽16988 per week

₽12451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽355
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.
₽3242
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
₽84107
₽93339
₽69505
₽73721
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.

-
-
-
203 000
trade
-
-
-
23 834
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.

-
-
-
69 753
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.

-
-
-
5 423
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.

-
-
-
3 837
total
-
-
-
102 847
Employee

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

39 498
-
203 000
-
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.

5 423
-
5 423
-
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.

3 248
-
69 753
-
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.

179
-
3 837
-
total
8 850
-
79 013
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 502
203 000
-
-
income
24 525
30 450
-
-
trade
23 463
29 130
-
-
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.

1 348
1 675
-
-
chamber of commerce
360
419
-
-
total
49 696
61 674
-
-
Dividends
113 805
141 326
-
-
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.

1 549
1 927
-
-
withholding
28 150
35 030
-
-
total
29 699
36 957
-
-
Income
203 000
203 000
203 000
203 000
Total tax
88 245
98 631
79 013
102 847
After tax
114 755
104 369
123 987
100 153
Living cost
30 648
30 648
30 648
30 648
Free-cash
84 107
73 721
93 339
69 505

Estimated living cost  is ₽30648 per week

₽21142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽5764
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
₽139374
₽73028
₽58964
₽145884
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.

-
-
-
203 000
income
-
-
-
45 341
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.

-
-
-
30 415
surtax
-
-
-
51 765
total
-
-
-
127 521
Employee
23 196
-
162 350
-
income
4 129
-
38 859
-
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.

2 552
-
10 407
-
surtax
-
-
23 541
-
total
6 681
-
72 807
-
Employer
23 196
-
162 350
-
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.

5 587
-
22 791
-
surtax
-
-
17 859
-
total
5 587
-
40 650
-
Corporate
174 216
203 000
-
-
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%.

34 843
40 601
-
-
total
34 843
40 601
-
-
Dividends

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

139 373
162 399
-
-
total
-
-
-
-
Income
203 000
203 000
203 000
203 000
Total tax
47 111
40 601
113 457
127 521
After tax
155 889
162 399
89 543
75 479
Living cost
16 515
16 515
16 515
16 515
Free-cash
139 374
145 884
73 028
58 964

Estimated living cost  is ₽16515 per week

₽10536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
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.
₽4031
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
₽115229
₽115651
₽116350
₽116844
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
-
-
-
203 000
income
-
-
-
64 456
health
-
-
-
5 197
pensions
-
-
-
7 169
total
-
-
-
76 822
Employee
14 969
-
194 935
-
health
748
-
1 792
-
unemployment
150
-
359
-
pensions
1 347
-
3 226
-
income
2 896
-
64 079
-
total
5 141
-
69 456
-
Employer
14 969
-
194 935
-
health
1 422
-
3 405
-
pensions
1 647
-
3 943
-
unemployment
299
-
717
-
total
3 368
-
8 065
-
Corporate
184 663
203 000
-
-
income
40 626
44 660
-
-
total
40 626
44 660
-
-
Dividends
144 037
158 340
-
-
withholding
28 808
31 668
-
-
total
28 808
31 668
-
-
Income
203 000
203 000
203 000
203 000
Total tax
77 943
76 328
77 521
76 822
After tax
125 057
126 672
125 479
126 178
Living cost
9 828
9 828
9 828
9 828
Free-cash
115 229
116 844
115 651
116 350

Estimated living cost  is ₽9828 per week

₽5840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
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.
₽2966
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
₽107330
₽72544
₽77396
₽109855
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
-
-
-
203 000
pensions
-
-
-
21 190
unemployment
-
-
-
181
income
-
-
-
67 200
other
-
-
-
-
health
-
-
-
7 522
surtax
-
-
-
11 680
total
-
-
-
107 773
Employee
26 734
-
180 698
-
health
682
-
2 701
-
unemployment
1 860
-
7 374
-
pensions
1 784
-
7 067
-
income
4 482
-
62 453
-
other
-
-
-
-
surtax
95
-
10 729
-
total
8 903
-
90 324
-
Employer
26 734
-
180 698
-
health
1 216
-
4 821
-
pensions
3 564
-
14 123
-
unemployment
848
-
3 358
-
other
-
-
-
-
total
5 628
-
22 302
-
Corporate
170 638
203 000
-
-
income
44 367
52 780
-
-
total
44 367
52 780
-
-
Dividends
126 272
150 220
-
-
withholding
18 941
22 534
-
-
total
18 941
22 534
-
-
Income
203 000
203 000
203 000
203 000
Total tax
77 839
75 314
112 626
107 773
After tax
125 161
127 686
90 374
95 227
Living cost
17 830
17 830
17 830
17 830
Free-cash
107 330
109 855
72 544
77 396

Estimated living cost  is ₽17830 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽5102
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
₽86084
₽27310
₽78427
₽86476
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
-
-
-
203 000
pensions
-
-
-
17 157