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
₽ 205000
per

Your estimated
City
free-cash

Valencia , Spain
₽110828
₽89458
₽92746
₽114288
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
-
-
-
205 000
unemployment
-
-
-
509
income
-
-
-
68 913
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 555
total
-
-
-
90 704
Employee
28 977
-
181 843
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
66 222
-
other
28
-
73
-
total
7 426
-
70 836
-
Employer
28 977
-
181 843
-
pensions
6 838
-
17 142
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
581
-
total
9 238
-
23 156
-
Corporate
166 785
205 000
-
-
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.

25 018
30 750
-
-
total
25 018
30 750
-
-
Dividends
141 767
174 250
-
-
withholding
30 940
38 412
-
-
total
30 940
38 412
-
-
Income
205 000
205 000
205 000
205 000
Total tax
72 622
69 162
93 992
90 704
After tax
132 378
135 838
111 008
114 296
Living cost
21 550
21 550
21 550
21 550
Free-cash
110 828
114 288
89 458
92 746

Estimated living cost  is ₽21550 per week

₽14546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽124439
₽104928
₽106555
₽129731
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
-
-
-
205 000
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.

-
-
-
28 601
income
-
-
-
38 058
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
77 563
Employee
28 454
-
174 527
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 341
-
income
4 899
-
37 515
-
total
7 573
-
48 716
-
Employer
28 454
-
174 527
-
health
399
-
1 669
-
pensions

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

4 838
-
20 260
-
accident
228
-
1 396
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 474
-
Corporate
169 375
205 000
-
-
income
35 568
43 050
-
-
total
35 568
43 050
-
-
Dividends
133 806
161 950
-
-
withholding
9 366
11 337
-
-
total
9 366
11 337
-
-
Income
205 000
205 000
205 000
205 000
Total tax
59 679
54 387
79 190
77 563
After tax
145 321
150 613
125 810
127 437
Living cost
20 882
20 882
20 882
20 882
Free-cash
124 439
129 731
104 928
106 555

Estimated living cost  is ₽20882 per week

₽14754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽161364
₽165435
₽156673
₽165004
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
-
-
-
205 000
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
30 750
health
-
-
-
3 147
total
-
-
-
38 056
Employee
13 600
-
199 632
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
19 963
-
total
3 330
-
23 926
-
Employer
13 600
-
199 632
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
188 732
205 000
-
-
income
18 873
20 500
-
-
total
18 873
20 500
-
-
Dividends
169 859
184 500
-
-
withholding
8 493
9 225
-
-
total
8 493
9 225
-
-
Income
205 000
205 000
205 000
205 000
Total tax
33 365
29 725
29 294
38 056
After tax
171 635
175 275
175 706
166 944
Living cost
10 270
10 270
10 270
10 270
Free-cash
161 364
165 004
165 435
156 673

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽81137
₽75054
₽82878
₽76508
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
-
-
-
205 000
income
-
-
-
42 183
other
-
-
-
6 355
health
-
-
-
10 760
social contributions
-
-
-
5 840
pensions
-
-
-
30 172
surtax
-
-
-
-
total
-
-
-
95 310
Employee
33 540
-
155 113
-
pensions
3 792
-
12 256
-
income
1 979
-
36 573
-
social contributions
956
-
4 418
-
surtax
-
-
-
-
total
6 727
-
53 247
-
Employer
33 540
-
155 113
-
health
2 348
-
16 092
-
social contributions
101
-
465
-
pensions
5 510
-
20 370
-
unemployment
1 358
-
6 282
-
other
1 157
-
6 678
-
total
10 474
-
49 887
-
Corporate
160 986
205 000
-
-
income
45 076
57 400
-
-
surtax
-
-
-
-
total
45 076
57 400
-
-
Dividends
115 910
147 600
-
-
social contributions
19 938
25 387
-
-
surtax
-
-
-
-
withholding
14 836
18 893
-
-
total
34 774
44 280
-
-
Income
205 000
205 000
205 000
205 000
Total tax
97 051
101 680
103 134
95 310
After tax
107 949
103 320
101 866
109 690
Living cost
26 812
26 812
26 812
26 812
Free-cash
81 137
76 508
75 054
82 878

Estimated living cost  is ₽26812 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽64863
₽98225
₽75689
₽69665
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
-
-
-
205 000
pensions
-
-
-
9 182
income
-
-
-
77 636
health
-
-
-
9 664
total
-
-
-
96 482
Employee
66 922
66 922
190 436
-
health
10 272
8 737
9 664
-
pensions
12 046
9 182
9 182
-
income

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

10 954
10 954
40 535
-
total
33 272
28 873
59 381
-
Employer
66 922
66 922
190 436
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
127 180
126 359
-
-
income
25 436
25 271
-
-
total
25 436
25 271
-
-
Dividends
101 744
101 088
-
-
income
21 620
21 480
-
-
withholding
15 261
15 163
-
-
total
36 881
36 643
-
-
Income
205 000
205 000
205 000
205 000
Total tax
107 308
102 506
73 946
96 482
After tax
97 692
102 494
131 054
108 518
Living cost
32 829
32 829
32 829
32 829
Free-cash
64 863
69 665
98 225
75 689

Estimated living cost  is ₽32829 per week

₽23265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
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.
₽6082
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
₽88217
₽101223
₽74674
₽79547
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.

-
-
-
205 000
trade
-
-
-
26 549
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.

-
-
-
70 793
health

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

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

-
-
-
5 354
surtax

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

-
-
-
3 893
total
-
-
-
106 589
Employee

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

29 974
-
205 000
-
health

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

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

5 354
-
5 354
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

837
-
70 793
-
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
-
3 893
-
total
6 237
-
80 040
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 026
205 000
-
-
income
26 254
30 750
-
-
trade
27 566
32 288
-
-
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.

1 444
1 691
-
-
chamber of commerce
370
413
-
-
total
55 634
65 142
-
-
Dividends
119 392
139 858
-
-
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.

1 625
1 907
-
-
withholding
29 550
34 667
-
-
total
31 175
36 574
-
-
Income
205 000
205 000
205 000
205 000
Total tax
93 046
101 716
80 040
106 589
After tax
111 954
103 284
124 960
98 411
Living cost
23 737
23 737
23 737
23 737
Free-cash
88 217
79 547
101 223
74 674

Estimated living cost  is ₽23737 per week

₽14931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽126925
₽117000
₽118622
₽131189
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
-
-
-
205 000
income
-
-
-
50 328
health
-
-
-
5 227
social contributions
-
-
-
12 679
total
-
-
-
68 234
Employee
60 260
60 260
194 654
-
health
467
1 025
3 309
-
income
6 561
5 578
49 455
-
social contributions
2 278
5 001
6 746
-
total
9 306
11 604
59 510
-
Employer
60 260
60 260
194 654
-
health
507
1 115
3 600
-
social contributions
2 278
5 001
6 746
-
total
2 785
6 116
10 346
-
Corporate
174 764
138 623
-
-
income
21 845
17 328
-
-
total
21 845
17 328
-
-
Dividends
152 919
121 295
-
-
withholding
25 995
20 619
-
-
total
25 995
20 619
-
-
Income
205 000
205 000
205 000
205 000
Total tax
59 931
55 667
69 856
68 234
After tax
145 069
149 333
135 144
136 766
Living cost
18 144
18 144
18 144
18 144
Free-cash
126 925
131 189
117 000
118 622

Estimated living cost  is ₽18144 per week

₽10874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽91234
₽63831
₽80909
₽92023
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.

-
-
-
205 000
income
-
-
-
28 272
social contributions

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

-
-
-
71 238
surtax
-
-
-
-
total
-
-
-
99 510
Employee
36 043
-
165 656
-
income
7 497
-
58 312
-
social contributions
3 965
-
18 222
-
surtax
-
-
711
-
total
11 462
-
77 245
-
Employer
36 043
-
165 656
-
social contributions
8 560
-
39 343
-
total
8 560
-
39 343
-
Corporate
160 397
205 000
-
-
income
33 684
43 050
-
-
surtax
-
-
-
-
total
33 684
43 050
-
-
Dividends
126 713
161 950
-
-
withholding
35 479
45 346
-
-
total
35 479
45 346
-
-
Income
205 000
205 000
205 000
205 000
Total tax
89 185
88 396
116 588
99 510
After tax
115 815
116 604
88 412
105 490
Living cost
24 581
24 581
24 581
24 581
Free-cash
91 234
92 023
63 831
80 909

Estimated living cost  is ₽24581 per week

₽18392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽187538
₽157926
₽196876
₽188676
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%.

-
-
-
205 000
microenterprise

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

-
-
-
2 050
total
-
-
-
2 050
Employee
7 592
-
205 000
-
income
1 518
-
41 000
-
total
1 518
-
41 000
-
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%.

197 408
205 000
-
-
total
-
-
-
-
Dividends
197 408
205 000
-
-
withholding
9 870
10 250
-
-
total
9 870
10 250
-
-
Income
205 000
205 000
205 000
205 000
Total tax
11 388
10 250
41 000
2 050
After tax
193 612
194 750
164 000
202 950
Living cost
6 074
6 074
6 074
6 074
Free-cash
187 538
188 676
157 926
196 876

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Ljubljana , Slovenia
₽113568
₽66676
₽71126
₽120123
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.

-
-
-
205 000
pensions
-
-
-
37 438
unemployment
-
-
-
308
income
-
-
-
54 936
health
-
-
-
20 172
total
-
-
-
112 854
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.

34 654
-
177 381
-
health
2 238
-
11 459
-
unemployment
49
-
248
-
pensions
5 372
-
27 495
-
income
5 976
-
50 485
-
total
13 635
-
89 687
-
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.

34 654
-
177 381
-
health
2 308
-
11 812
-
pensions
3 067
-
15 698
-
unemployment
21
-
107
-
total
5 396
-
27 617
-
Corporate
164 951
205 000
-
-
income
31 340
38 950
-
-
total
31 340
38 950
-
-
Dividends
133 610
166 050
-
-
withholding
20 041
24 907
-
-
total
20 041
24 907
-
-
Income
205 000
205 000
205 000
205 000
Total tax
70 412
63 857
117 304
112 854
After tax
134 588
141 143
87 696
92 146
Living cost
21 020
21 020
21 020
21 020
Free-cash
113 568
120 123
66 676
71 126

Estimated living cost  is ₽21020 per week

₽14425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽103401
₽113225
₽140848
₽100664
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.

-
-
-
205 000
income
-
-
-
30 750
health

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

-
-
-
4 955
total
-
-
-
35 705
Employee
35 950
-
201 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
56 118
-
total
7 503
-
59 723
-
Employer
35 950
-
201 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
165 448
205 000
-
-
income
57 907
71 749
-
-
total
57 907
71 749
-
-
Dividends
107 541
133 251
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
205 000
205 000
205 000
205 000
Total tax
73 152
75 889
63 328
35 705
After tax
131 848
129 111
141 672
169 295
Living cost
28 447
28 447
28 447
28 447
Free-cash
103 401
100 664
113 225
140 848

Estimated living cost  is ₽28447 per week

₽18738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽108860
₽58965
₽115034
₽108452
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
-
-
-
205 000
income
-
-
-
30 750
health
-
-
-
14 309
social contributions
-
-
-
28 290
total
-
-
-
73 349
Employee
26 571
-
205 000
-
health
1 854
-
14 309
-
income
4 432
-
86 819
-
social contributions
3 667
-
28 290
-
total
9 953
-
129 418
-
Employer
26 571
-
205 000
-
total
-
-
-
-
Corporate
178 429
205 000
-
-
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%.

8 921
10 249
-
-
total
8 921
10 249
-
-
Dividends
169 508
194 751
-
-
social contributions
23 391
26 876
-
-
withholding
25 426
29 212
-
-
health
11 832
13 594
-
-
total
60 649
69 682
-
-
Income
205 000
205 000
205 000
205 000
Total tax
79 523
79 931
129 418
73 349
After tax
125 477
125 069
75 582
131 651
Living cost
16 617
16 617
16 617
16 617
Free-cash
108 860
108 452
58 965
115 034

Estimated living cost  is ₽16617 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽111381
₽93074
₽102536
₽119205
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
-
-
-
205 000
income
-
-
-
22 756
health
-
-
-
27 675
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 479
total
-
-
-
80 527
Employee
32 261
-
167 952
-
health
4 355
-
22 674
-
solidarity contribution
-
-
3 629
-
income
3 871
-
20 936
-
social contributions
2 097
-
5 702
-
total
10 323
-
52 941
-
Employer
32 261
-
167 952
-
health
2 903
-
15 116
-
social contributions
8 065
-
21 932
-
total
10 968
-
37 048
-
Corporate
161 771
205 000
-
-
income
30 736
38 950
-
-
total
30 736
38 950
-
-
Dividends
131 034
166 050
-
-
withholding
19 655
24 908
-
-
total
19 655
24 908
-
-
Income
205 000
205 000
205 000
205 000
Total tax
71 682
63 858
89 989
80 527
After tax
133 318
141 142
115 011
124 473
Living cost
21 937
21 937
21 937
21 937
Free-cash
111 381
119 205
93 074
102 536

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽183511
₽154535
₽193485
₽185285
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%.

-
-
-
205 000
microenterprise

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

-
-
-
2 050
total
-
-
-
2 050
Employee
11 832
-
205 000
-
income
2 366
-
41 000
-
total
2 366
-
41 000
-
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%.

193 168
205 000
-
-
total
-
-
-
-
Dividends
193 168
205 000
-
-
withholding
9 658
10 250
-
-
total
9 658
10 250
-
-
Income
205 000
205 000
205 000
205 000
Total tax
12 024
10 250
41 000
2 050
After tax
192 976
194 750
164 000
202 950
Living cost
9 465
9 465
9 465
9 465
Free-cash
183 511
185 285
154 535
193 485

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Paris , France
₽70857
₽64016
₽71840
₽65470
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
-
-
-
205 000
income
-
-
-
42 183
other
-
-
-
6 355
health
-
-
-
10 760
social contributions
-
-
-
5 840
pensions
-
-
-
30 172
surtax
-
-
-
-
total
-
-
-
95 310
Employee
49 083
-
155 113
-
pensions
5 552
-
12 256
-
income
4 283
-
36 573
-
social contributions
1 398
-
4 418
-
surtax
-
-
-
-
total
11 233
-
53 247
-
Employer
49 083
-
155 113
-
health
3 435
-
16 092
-
social contributions
147
-
465
-
pensions
8 065
-
20 370
-
unemployment
1 988
-
6 282
-
other
1 694
-
6 678
-
total
15 329
-
49 887
-
Corporate
140 588
205 000
-
-
income
39 365
57 400
-
-
surtax
-
-
-
-
total
39 365
57 400
-
-
Dividends
101 223
147 600
-
-
social contributions
17 410
25 387
-
-
surtax
-
-
-
-
withholding
12 956
18 893
-
-
total
30 366
44 280
-
-
Income
205 000
205 000
205 000
205 000
Total tax
96 293
101 680
103 134
95 310
After tax
108 707
103 320
101 866
109 690
Living cost
37 850
37 850
37 850
37 850
Free-cash
70 857
65 470
64 016
71 840

Estimated living cost  is ₽37850 per week

₽25616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽130755
₽121675
₽121675
₽134601
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.

-
-
-
205 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
47 986
health
-
-
-
5 948
total
-
-
-
69 813
Employee

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

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

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

20 376
-
194 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
47 986
-
total
6 864
-
59 477
-
Employer

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

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

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

20 376
-
194 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
180 977
205 000
-
-
income
27 147
30 750
-
-
total
27 147
30 750
-
-
Dividends
153 831
174 250
-
-
withholding
23 075
26 137
-
-
total
23 075
26 137
-
-
Income
205 000
205 000
205 000
205 000
Total tax
60 733
56 887
69 813
69 813
After tax
144 267
148 113
135 187
135 187
Living cost
13 512
13 512
13 512
13 512
Free-cash
130 755
134 601
121 675
121 675

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽63254
₽100229
₽105391
₽40451
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
-
-
-
205 000
pensions
-
-
-
18 860
city
-
-
-
2 161
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.

-
-
-
4 057
health
-
-
-
461
regional
-
-
-
13 017
national
-
-
-
7 764
total
-
-
-
46 320
Employee
62 361
-
185 676
-
health
141
-
417
-
unemployment
-
-
-
-
city
669
-
2 024
-
pensions
5 239
-
13 151
-
regional
2 042
-
11 862
-
national
295
-
6 747
-
total
8 386
-
34 201
-
Employer
62 361
-
185 676
-
health
141
-
417
-
pensions
5 239
-
13 151
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 247
-
3 713
-
total
6 627
-
17 281
-
Corporate
135 326
205 000
-
-
regional
28 621
43 358
-
-
national
11 502
17 426
-
-
total
40 123
60 784
-
-
Dividends
95 202
144 217
-
-
withholding
33 321
50 476
-
-
total
33 321
50 476
-
-
Income
205 000
205 000
205 000
205 000
Total tax
88 457
111 260
51 482
46 320
After tax
116 543
93 740
153 518
158 680
Living cost
53 289
53 289
53 289
53 289
Free-cash
63 254
40 451
100 229
105 391

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13199
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Helsinki , Finland
₽96631
₽68924
₽92406
₽93228
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

-
-
-
205 000
municipal
-
-
-
36 391
health
-
-
-
2 830
national
-
-
-
43 286
total
-
-
-
82 507
Employee
41 230
-
172 457
-
health
308
-
2 329
-
unemployment
619
-
2 586
-
pensions
2 782
-
11 641
-
national
681
-
28 826
-
municipal
6 753
-
28 063
-
total
11 143
-
73 445
-
Employer
41 230
-
172 457
-
health
317
-
1 328
-
pensions
7 153
-
29 922
-
accident
42
-
173
-
unemployment
268
-
1 121
-
total
7 780
-
32 544
-
Corporate
155 990
205 000
-
-
income
31 198
40 999
-
-
total
31 198
40 999
-
-
Dividends

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

93 595
123 000
-
-
municipal
16 847
22 141
-
-
national
11 314
18 545
-
-
total
28 161
40 686
-
-
Income
205 000
205 000
205 000
205 000
Total tax
78 282
81 685
105 989
82 507
After tax
126 718
123 315
99 011
122 493
Living cost
30 087
30 087
30 087
30 087
Free-cash
96 631
93 228
68 924
92 406

Estimated living cost  is ₽30087 per week

₽19653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽74183
₽39863
₽60733
₽82320
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
-
-
-
205 000
communal

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

-
-
-
11 128
social contributions
-
-
-
19 538
national
-
-
-
85 027
total
-
-
-
115 693
Employee

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

56 056
-
158 778
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

2 634
-
7 463
-
communal

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

2 924
-
8 282
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

488
-
1 382
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 204
-
11 908
-
national
17 234
-
61 308
-
total
27 484
-
90 343
-
Employer

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

56 056
-
158 778
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 447
-
9 765
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 967
-
14 067
-
surtax
6 356
-
18 006
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

729
-
2 064
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

818
-
2 318
-
total
16 317
-
46 220
-
Corporate
132 627
205 000
-
-
income
26 525
46 066
-
-
surtax
531
922
-
-
total
27 056
46 988
-
-
Dividends
105 571
158 012
-
-
withholding

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

31 386
47 118
-
-
total
31 386
47 118
-
-
Income
205 000
205 000
205 000
205 000
Total tax
102 243
94 106
136 563
115 693
After tax
102 757
110 894
68 437
89 307
Living cost
28 574
28 574
28 574
28 574
Free-cash
74 183
82 320
39 863
60 733

Estimated living cost  is ₽28574 per week

₽18405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽77153
₽67044
₽67870
₽77917
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
-
-
-
205 000
unemployment
-
-
-
75
municipal
-
-
-
54 691
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
26 831
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
103 117
Employee
48 465
-
181 578
-
national
-
-
26 375
-
municipal
14 452
-
54 147
-
total
14 452
-
80 522
-
Employer
48 465
-
181 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
141 308
205 000
-
-
income
31 088
45 100
-
-
total
31 088
45 100
-
-
Dividends
110 220
159 900
-
-
withholding
33 066
47 970
-
-
total
33 066
47 970
-
-
Income
205 000
205 000
205 000
205 000
Total tax
93 834
93 070
103 943
103 117
After tax
111 166
111 930
101 057
101 883
Living cost
34 013
34 013
34 013
34 013
Free-cash
77 153
77 917
67 044
67 870

Estimated living cost  is ₽34013 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽45089
₽155574
₽103794
₽86845
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
-
-
-
205 000
income
-
-
-
39 959
social contributions
-
-
-
23 370
total
-
-
-
63 329
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
74 112
205 000
-
-
income
16 305
45 100
-
-
total
16 305
45 100
-
-
Dividends
57 808
159 900
-
-
income
12 718
35 178
-
-
total
12 718
35 178
-
-
Income
205 000
205 000
205 000
205 000
Total tax
122 034
80 278
11 549
63 329
After tax
82 966
124 722
193 451
141 671
Living cost
37 877
37 877
37 877
37 877
Free-cash
45 089
86 845
155 574
103 794

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽120664
₽109726
₽111348
₽123915
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
-
-
-
205 000
income
-
-
-
50 328
health
-
-
-
5 227
social contributions
-
-
-
12 679
total
-
-
-
68 234
Employee
60 260
60 260
194 654
-
health
599
1 025
3 309
-
income
6 328
5 578
49 455
-
social contributions
2 928
5 001
6 746
-
total
9 855
11 604
59 510
-
Employer
60 260
60 260
194 654
-
health
653
1 115
3 600
-
social contributions
2 928
5 001
6 746
-
total
3 581
6 116
10 346
-
Corporate
166 145
138 623
-
-
income
20 768
17 328
-
-
total
20 768
17 328
-
-
Dividends
145 377
121 295
-
-
withholding
24 714
20 619
-
-
total
24 714
20 619
-
-
Income
205 000
205 000
205 000
205 000
Total tax
58 918
55 667
69 856
68 234
After tax
146 082
149 333
135 144
136 766
Living cost
25 418
25 418
25 418
25 418
Free-cash
120 664
123 915
109 726
111 348

Estimated living cost  is ₽25418 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5630
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
₽102821
₽84268
₽102429
₽98336
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
-
-
-
205 000
income
-
-
-
66 189
pensions
-
-
-
8 246
total
-
-
-
74 435
Employee
38 621
-
178 417
-
health
504
-
2 309
-
pensions
2 948
-
9 619
-
income
7 033
-
54 085
-
total
10 485
-
66 013
-
Employer
38 621
-
178 417
-
health
734
-
3 390
-
pensions
3 902
-
23 193
-
total
4 636
-
26 583
-
Corporate
161 743
205 000
-
-
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.

30 732
38 949
-
-
total
30 732
38 949
-
-
Dividends
131 012
166 051
-
-
withholding
28 190
39 579
-
-
total
28 190
39 579
-
-
Income
205 000
205 000
205 000
205 000
Total tax
74 043
78 528
92 596
74 435
After tax
130 957
126 472
112 404
130 565
Living cost
28 136
28 136
28 136
28 136
Free-cash
102 821
98 336
84 268
102 429

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Rome , Italy
₽73197
₽60245
₽66681
₽76761
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
-
-
-
205 000
municipal
-
-
-
1 492
regional
-
-
-
5 259
social contributions
-
-
-
39 222
national
-
-
-
61 127
total
-
-
-
107 100
Employee
66 037
-
205 000
-
social contributions
22 267
-
51 421
-
regional
997
-
4 852
-
national
11 160
-
55 881
-
municipal
394
-
1 382
-
total
34 818
-
113 536
-
Employer
66 037
-
205 000
-
total
-
-
-
-
Corporate
138 963
205 000
-
-
nationa
33 351
49 200
-
-
municipal
6 698
9 881
-
-
total
40 049
59 081
-
-
Dividends
98 914
145 920
-
-
withholding
25 717
37 939
-
-
total
25 717
37 939
-
-
Income
205 000
205 000
205 000
205 000
Total tax
100 584
97 020
113 536
107 100
After tax
104 416
107 980
91 464
97 900
Living cost
31 219
31 219
31 219
31 219
Free-cash
73 197
76 761
60 245
66 681

Estimated living cost  is ₽31219 per week

₽21930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽14036
₽97109
₽123146
-₽132
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
-
-
-
205 000
pensions
-
-
-
3 165
income
-
-
-
59 819
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
65 117
Employee
26 328
-
188 838
-
health
3 015
-
21 622
-
pensions
2 965
-
5 804
-
income
3 612
-
47 566
-
total
9 592
-
74 992
-
Employer
26 328
-
188 838
-
pensions
4 281
-
8 381
-
accident
440
-
3 154
-
unemployment
645
-
4 627
-
total
5 366
-
16 162
-
Corporate
173 307
205 000
-
-
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.

155 976
184 500
-
-
total
155 976
184 500
-
-
Dividends
17 331
20 500
-
-
withholding
3 293
3 895
-
-
total
3 293
3 895
-
-
Income
205 000
205 000
205 000
205 000
Total tax
174 227
188 395
91 154
65 117
After tax
30 773
16 605
113 846
139 883
Living cost
16 737
16 737
16 737
16 737
Free-cash
14 036
-132
97 109
123 146

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽85388
₽94705
₽70516
₽75139
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.

-
-
-
205 000
trade
-
-
-
24 189
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.

-
-
-
70 793
health

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

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

-
-
-
5 354
surtax

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

-
-
-
3 893
total
-
-
-
104 229
Employee

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

38 992
-
205 000
-
health

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

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

5 354
-
5 354
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

3 206
-
70 793
-
surtax

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

177
-
3 893
-
total
8 737
-
80 040
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
166 008
205 000
-
-
income
24 901
30 750
-
-
trade
23 823
29 417
-
-
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.

1 370
1 691
-
-
chamber of commerce
363
419
-
-
total
50 457
62 277
-
-
Dividends
115 551
142 722
-
-
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.

1 572
1 947
-
-
withholding
28 591
35 382
-
-
total
30 163
37 329
-
-
Income
205 000
205 000
205 000
205 000
Total tax
89 357
99 606
80 040
104 229
After tax
115 643
105 394
124 960
100 771
Living cost
30 255
30 255
30 255
30 255
Free-cash
85 388
75 139
94 705
70 516

Estimated living cost  is ₽30255 per week

₽20871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3255
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽141268
₽74334
₽60191
₽147697
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.

-
-
-
205 000
income
-
-
-
46 204
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.

-
-
-
30 026
surtax
-
-
-
52 275
total
-
-
-
128 505
Employee
22 899
-
164 415
-
income
4 076
-
39 664
-
social contributions

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

2 519
-
10 273
-
surtax
-
-
23 841
-
total
6 595
-
73 778
-
Employer
22 899
-
164 415
-
social contributions

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

5 516
-
22 499
-
surtax
-
-
18 085
-
total
5 516
-
40 584
-
Corporate
176 585
205 000
-
-
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%.

35 317
40 999
-
-
total
35 317
40 999
-
-
Dividends

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

141 268
164 001
-
-
total
-
-
-
-
Income
205 000
205 000
205 000
205 000
Total tax
47 428
40 999
114 362
128 505
After tax
157 572
164 001
90 638
76 495
Living cost
16 304
16 304
16 304
16 304
Free-cash
141 268
147 697
74 334
60 191

Estimated living cost  is ₽16304 per week

₽10401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽116576
₽117092
₽117786
₽118177
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
-
-
-
205 000
income
-
-
-
65 212
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
77 471
Employee
14 840
-
197 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
64 839
-
total
5 097
-
70 169
-
Employer
14 840
-
197 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
186 821
205 000
-
-
income
41 101
45 100
-
-
total
41 101
45 100
-
-
Dividends
145 720
159 900
-
-
withholding
29 144
31 980
-
-
total
29 144
31 980
-
-
Income
205 000
205 000
205 000
205 000
Total tax
78 681
77 080
78 165
77 471
After tax
126 319
127 920
126 835
127 529
Living cost
9 743
9 743
9 743
9 743
Free-cash
116 576
118 177
117 092
117 786

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽108850
₽73731
₽78523
₽111343
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
-
-
-
205 000
pensions
-
-
-
20 918
unemployment
-
-
-
178
income
-
-
-
68 411
other
-
-
-
-
health
-
-
-
7 425
surtax
-
-
-
11 943
total
-
-
-
108 875
Employee
26 391
-
182 984
-
health
674
-
2 666
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 976
-
income
4 424
-
63 723
-
other
-
-
-
-
surtax
94
-
11 006
-
total
8 790
-
91 651
-
Employer
26 391
-
182 984
-
health
1 200
-
4 759
-
pensions
3 519
-
13 942
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 016
-
Corporate
173 053
205 000
-
-
income
44 994
53 300
-
-
total
44 994
53 300
-
-
Dividends
128 059
151 700
-
-
withholding
19 208
22 755
-
-
total
19 208
22 755
-
-
Income
205 000
205 000
205 000
205 000
Total tax
78 548
76 055
113 667
108 875
After tax
126 452
128 945
91 333
96 125
Living cost
17 602
17 602
17 602
17 602
Free-cash
108 850
111 343
73 731
78 523

Estimated living cost  is ₽17602 per week

₽10627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽87479
₽28031
₽79707
₽87868
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
-
-
-
205 000
pensions
-
-
-
16 937