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
₽ 206000
per

Your estimated
City
free-cash

Valencia , Spain
₽111481
₽90005
₽93295
₽114942
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
-
-
-
206 000
unemployment
-
-
-
509
income
-
-
-
69 362
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
91 154
Employee
28 978
-
182 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
66 672
-
other
28
-
73
-
total
7 426
-
71 286
-
Employer
28 978
-
182 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
167 783
206 000
-
-
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.

25 167
30 900
-
-
total
25 167
30 900
-
-
Dividends
142 616
175 100
-
-
withholding
31 137
38 607
-
-
total
31 137
38 607
-
-
Income
206 000
206 000
206 000
206 000
Total tax
72 968
69 507
94 444
91 154
After tax
133 032
136 493
111 556
114 846
Living cost
21 551
21 551
21 551
21 551
Free-cash
111 481
114 942
90 005
93 295

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽125172
₽105670
₽107304
₽130464
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
-
-
-
206 000
pensions

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

-
-
-
28 602
income
-
-
-
38 307
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
77 813
Employee
28 456
-
175 518
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
pensions

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

1 991
-
8 342
-
income
4 899
-
37 762
-
total
7 573
-
48 964
-
Employer
28 456
-
175 518
-
health
399
-
1 669
-
pensions

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

4 838
-
20 261
-
accident
228
-
1 404
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 483
-
Corporate
170 373
206 000
-
-
income
35 778
43 261
-
-
total
35 778
43 261
-
-
Dividends
134 595
162 739
-
-
withholding
9 422
11 392
-
-
total
9 422
11 392
-
-
Income
206 000
206 000
206 000
206 000
Total tax
59 945
54 653
79 447
77 813
After tax
146 055
151 347
126 553
128 187
Living cost
20 883
20 883
20 883
20 883
Free-cash
125 172
130 464
105 670
107 304

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽162220
₽166336
₽157524
₽165860
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
-
-
-
206 000
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
-
-
-
30 900
health
-
-
-
3 147
total
-
-
-
38 206
Employee
13 600
-
200 632
-
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
-
20 063
-
total
3 330
-
24 026
-
Employer
13 600
-
200 632
-
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
189 732
206 000
-
-
income
18 973
20 600
-
-
total
18 973
20 600
-
-
Dividends
170 759
185 400
-
-
withholding
8 538
9 270
-
-
total
8 538
9 270
-
-
Income
206 000
206 000
206 000
206 000
Total tax
33 510
29 870
29 394
38 206
After tax
172 490
176 130
176 606
167 794
Living cost
10 270
10 270
10 270
10 270
Free-cash
162 220
165 860
166 336
157 524

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
₽81640
₽75420
₽83341
₽77010
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
-
-
-
206 000
income
-
-
-
42 504
other
-
-
-
6 386
health
-
-
-
10 831
social contributions
-
-
-
5 869
pensions
-
-
-
30 256
surtax
-
-
-
-
total
-
-
-
95 846
Employee
33 541
-
155 831
-
pensions
3 792
-
12 329
-
income
1 980
-
36 829
-
social contributions
956
-
4 441
-
surtax
-
-
-
-
total
6 728
-
53 599
-
Employer
33 541
-
155 831
-
health
2 348
-
16 185
-
social contributions
101
-
467
-
pensions
5 510
-
20 489
-
unemployment
1 358
-
6 312
-
other
1 157
-
6 715
-
total
10 474
-
50 168
-
Corporate
161 984
206 000
-
-
income
45 356
57 681
-
-
surtax
-
-
-
-
total
45 356
57 681
-
-
Dividends
116 628
148 319
-
-
social contributions
20 060
25 512
-
-
surtax
-
-
-
-
withholding
14 929
18 984
-
-
total
34 989
44 496
-
-
Income
206 000
206 000
206 000
206 000
Total tax
97 547
102 177
103 767
95 846
After tax
108 453
103 823
102 233
110 154
Living cost
26 813
26 813
26 813
26 813
Free-cash
81 640
77 010
75 420
83 341

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽65371
₽98863
₽76170
₽70171
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
-
-
-
206 000
pensions
-
-
-
9 182
income
-
-
-
78 153
health
-
-
-
9 664
total
-
-
-
96 999
Employee
66 925
66 925
191 436
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
40 895
-
total
33 274
28 874
59 741
-
Employer
66 925
66 925
191 436
-
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
128 176
127 355
-
-
income
25 635
25 472
-
-
total
25 635
25 472
-
-
Dividends
102 541
101 884
-
-
income
21 789
21 650
-
-
withholding
15 381
15 283
-
-
total
37 170
36 933
-
-
Income
206 000
206 000
206 000
206 000
Total tax
107 798
102 998
74 306
96 999
After tax
98 202
103 002
131 694
109 001
Living cost
32 831
32 831
32 831
32 831
Free-cash
65 371
70 171
98 863
76 170

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽88719
₽101780
₽75074
₽80049
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.

-
-
-
206 000
trade
-
-
-
26 706
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.

-
-
-
71 211
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.

-
-
-
3 917
total
-
-
-
107 188
Employee

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

29 975
-
206 000
-
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
-
71 211
-
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
-
3 917
-
total
6 237
-
80 482
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 025
206 000
-
-
income
26 404
30 900
-
-
trade
27 723
32 445
-
-
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.

1 452
1 700
-
-
chamber of commerce
372
415
-
-
total
55 951
65 460
-
-
Dividends
120 074
140 540
-
-
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.

1 634
1 916
-
-
withholding
29 721
34 837
-
-
total
31 355
36 753
-
-
Income
206 000
206 000
206 000
206 000
Total tax
93 543
102 213
80 482
107 188
After tax
112 457
103 787
125 518
98 812
Living cost
23 738
23 738
23 738
23 738
Free-cash
88 719
80 049
101 780
75 074

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5595
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽127648
₽117626
₽119254
₽131910
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
-
-
-
206 000
income
-
-
-
50 668
health
-
-
-
5 253
social contributions
-
-
-
12 680
total
-
-
-
68 601
Employee
60 263
60 263
195 634
-
health
467
1 025
3 325
-
income
6 562
5 579
49 792
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
59 863
-
Employer
60 263
60 263
195 634
-
health
507
1 115
3 620
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 366
-
Corporate
175 762
139 620
-
-
income
21 971
17 453
-
-
total
21 971
17 453
-
-
Dividends
153 792
122 167
-
-
withholding
26 144
20 769
-
-
total
26 144
20 769
-
-
Income
206 000
206 000
206 000
206 000
Total tax
60 207
55 945
70 229
68 601
After tax
145 793
150 055
135 771
137 399
Living cost
18 145
18 145
18 145
18 145
Free-cash
127 648
131 910
117 626
119 254

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5089
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽91803
₽64186
₽81380
₽92590
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.

-
-
-
206 000
income
-
-
-
28 453
social contributions

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

-
-
-
71 585
surtax
-
-
-
-
total
-
-
-
100 038
Employee
36 044
-
166 465
-
income
7 497
-
58 657
-
social contributions
3 965
-
18 311
-
surtax
-
-
729
-
total
11 462
-
77 697
-
Employer
36 044
-
166 465
-
social contributions
8 560
-
39 535
-
total
8 560
-
39 535
-
Corporate
161 395
206 000
-
-
income
33 892
43 261
-
-
surtax
-
-
-
-
total
33 892
43 261
-
-
Dividends
127 503
162 739
-
-
withholding
35 701
45 567
-
-
total
35 701
45 567
-
-
Income
206 000
206 000
206 000
206 000
Total tax
89 615
88 828
117 232
100 038
After tax
116 385
117 172
88 768
105 962
Living cost
24 582
24 582
24 582
24 582
Free-cash
91 803
92 590
64 186
81 380

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽188488
₽158726
₽197866
₽189626
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%.

-
-
-
206 000
microenterprise

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

-
-
-
2 060
total
-
-
-
2 060
Employee
7 592
-
206 000
-
income
1 518
-
41 200
-
total
1 518
-
41 200
-
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%.

198 408
206 000
-
-
total
-
-
-
-
Dividends
198 408
206 000
-
-
withholding
9 920
10 300
-
-
total
9 920
10 300
-
-
Income
206 000
206 000
206 000
206 000
Total tax
11 438
10 300
41 200
2 060
After tax
194 562
195 700
164 800
203 940
Living cost
6 074
6 074
6 074
6 074
Free-cash
188 488
189 626
158 726
197 866

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
₽114255
₽67011
₽71484
₽120811
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.

-
-
-
206 000
pensions
-
-
-
37 621
unemployment
-
-
-
309
income
-
-
-
55 294
health
-
-
-
20 271
total
-
-
-
113 495
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
178 247
-
health
2 238
-
11 516
-
unemployment
49
-
250
-
pensions
5 372
-
27 628
-
income
5 976
-
50 821
-
total
13 635
-
90 215
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

34 656
-
178 247
-
health
2 308
-
11 871
-
pensions
3 067
-
15 775
-
unemployment
21
-
107
-
total
5 396
-
27 753
-
Corporate
165 949
206 000
-
-
income
31 531
39 139
-
-
total
31 531
39 139
-
-
Dividends
134 418
166 861
-
-
withholding
20 162
25 029
-
-
total
20 162
25 029
-
-
Income
206 000
206 000
206 000
206 000
Total tax
70 724
64 168
117 968
113 495
After tax
135 276
141 832
88 032
92 505
Living cost
21 021
21 021
21 021
21 021
Free-cash
114 255
120 811
67 011
71 484

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽104050
₽113874
₽141696
₽101312
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.

-
-
-
206 000
income
-
-
-
30 900
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
-
-
-
35 855
Employee
35 952
-
202 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
56 467
-
total
7 503
-
60 072
-
Employer
35 952
-
202 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
166 446
206 000
-
-
income
58 256
72 099
-
-
total
58 256
72 099
-
-
Dividends
108 190
133 901
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
206 000
206 000
206 000
206 000
Total tax
73 501
76 239
63 677
35 855
After tax
132 499
129 761
142 323
170 145
Living cost
28 449
28 449
28 449
28 449
Free-cash
104 050
101 312
113 874
141 696

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽109466
₽59286
₽115675
₽109059
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
-
-
-
206 000
income
-
-
-
30 900
health
-
-
-
14 379
social contributions
-
-
-
28 428
total
-
-
-
73 707
Employee
26 572
-
206 000
-
health
1 855
-
14 379
-
income
4 432
-
87 289
-
social contributions
3 668
-
28 428
-
total
9 955
-
130 096
-
Employer
26 572
-
206 000
-
total
-
-
-
-
Corporate
179 428
206 000
-
-
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%.

8 971
10 301
-
-
total
8 971
10 301
-
-
Dividends
170 457
195 699
-
-
social contributions
23 524
27 007
-
-
withholding
25 568
29 355
-
-
health
11 898
13 660
-
-
total
60 990
70 022
-
-
Income
206 000
206 000
206 000
206 000
Total tax
79 916
80 323
130 096
73 707
After tax
126 084
125 677
75 904
132 293
Living cost
16 618
16 618
16 618
16 618
Free-cash
109 466
109 059
59 286
115 675

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽112069
₽93694
₽103211
₽119894
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
-
-
-
206 000
income
-
-
-
22 886
health
-
-
-
27 810
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
4 539
total
-
-
-
80 852
Employee
32 261
-
168 869
-
health
4 355
-
22 797
-
solidarity contribution
-
-
3 685
-
income
3 871
-
21 055
-
social contributions
2 097
-
5 702
-
total
10 323
-
53 239
-
Employer
32 261
-
168 869
-
health
2 903
-
15 198
-
social contributions
8 065
-
21 932
-
total
10 968
-
37 130
-
Corporate
162 771
206 000
-
-
income
30 926
39 140
-
-
total
30 926
39 140
-
-
Dividends
131 844
166 860
-
-
withholding
19 777
25 029
-
-
total
19 777
25 029
-
-
Income
206 000
206 000
206 000
206 000
Total tax
71 994
64 169
90 369
80 852
After tax
134 006
141 831
115 631
125 148
Living cost
21 937
21 937
21 937
21 937
Free-cash
112 069
119 894
93 694
103 211

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
₽184461
₽155335
₽194475
₽186235
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%.

-
-
-
206 000
microenterprise

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

-
-
-
2 060
total
-
-
-
2 060
Employee
11 832
-
206 000
-
income
2 366
-
41 200
-
total
2 366
-
41 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

194 168
206 000
-
-
total
-
-
-
-
Dividends
194 168
206 000
-
-
withholding
9 708
10 300
-
-
total
9 708
10 300
-
-
Income
206 000
206 000
206 000
206 000
Total tax
12 074
10 300
41 200
2 060
After tax
193 926
195 700
164 800
203 940
Living cost
9 465
9 465
9 465
9 465
Free-cash
184 461
186 235
155 335
194 475

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
₽71359
₽64381
₽72302
₽65971
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
-
-
-
206 000
income
-
-
-
42 504
other
-
-
-
6 386
health
-
-
-
10 831
social contributions
-
-
-
5 869
pensions
-
-
-
30 256
surtax
-
-
-
-
total
-
-
-
95 846
Employee
49 085
-
155 831
-
pensions
5 552
-
12 329
-
income
4 283
-
36 829
-
social contributions
1 398
-
4 441
-
surtax
-
-
-
-
total
11 233
-
53 599
-
Employer
49 085
-
155 831
-
health
3 435
-
16 185
-
social contributions
147
-
467
-
pensions
8 065
-
20 489
-
unemployment
1 988
-
6 312
-
other
1 694
-
6 715
-
total
15 329
-
50 168
-
Corporate
141 585
206 000
-
-
income
39 644
57 681
-
-
surtax
-
-
-
-
total
39 644
57 681
-
-
Dividends
101 941
148 319
-
-
social contributions
17 534
25 512
-
-
surtax
-
-
-
-
withholding
13 049
18 984
-
-
total
30 583
44 496
-
-
Income
206 000
206 000
206 000
206 000
Total tax
96 789
102 177
103 767
95 846
After tax
109 211
103 823
102 233
110 154
Living cost
37 852
37 852
37 852
37 852
Free-cash
71 359
65 971
64 381
72 302

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽131478
₽122425
₽122425
₽135323
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.

-
-
-
206 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
48 236
health
-
-
-
5 948
total
-
-
-
70 063
Employee

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

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

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

20 376
-
195 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
48 236
-
total
6 864
-
59 727
-
Employer

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

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

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

20 376
-
195 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
181 977
206 000
-
-
income
27 297
30 900
-
-
total
27 297
30 900
-
-
Dividends
154 681
175 100
-
-
withholding
23 202
26 265
-
-
total
23 202
26 265
-
-
Income
206 000
206 000
206 000
206 000
Total tax
61 010
57 165
70 063
70 063
After tax
144 990
148 835
135 937
135 937
Living cost
13 512
13 512
13 512
13 512
Free-cash
131 478
135 323
122 425
122 425

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽63711
₽100943
₽106115
₽40908
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
-
-
-
206 000
pensions
-
-
-
18 952
city
-
-
-
2 172
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
-
-
-
464
regional
-
-
-
13 108
national
-
-
-
7 843
total
-
-
-
46 596
Employee
62 361
-
186 599
-
health
141
-
420
-
unemployment
-
-
-
-
city
669
-
2 034
-
pensions
5 239
-
13 195
-
regional
2 042
-
11 948
-
national
295
-
6 824
-
total
8 386
-
34 421
-
Employer
62 361
-
186 599
-
health
141
-
420
-
pensions
5 239
-
13 195
-
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
-
3 732
-
total
6 627
-
17 347
-
Corporate
136 326
206 000
-
-
regional
28 833
43 570
-
-
national
11 588
17 511
-
-
total
40 421
61 081
-
-
Dividends
95 904
144 920
-
-
withholding
33 566
50 722
-
-
total
33 566
50 722
-
-
Income
206 000
206 000
206 000
206 000
Total tax
89 000
111 803
51 768
46 596
After tax
117 000
94 197
154 232
159 404
Living cost
53 289
53 289
53 289
53 289
Free-cash
63 711
40 908
100 943
106 115

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
₽97193
₽69310
₽92905
₽93731
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

-
-
-
206 000
municipal
-
-
-
36 568
health
-
-
-
2 845
national
-
-
-
43 593
total
-
-
-
83 006
Employee
41 232
-
173 299
-
health
308
-
2 342
-
unemployment
619
-
2 600
-
pensions
2 783
-
11 697
-
national
681
-
29 062
-
municipal
6 754
-
28 199
-
total
11 145
-
73 900
-
Employer
41 232
-
173 299
-
health
317
-
1 334
-
pensions
7 154
-
30 067
-
accident
42
-
174
-
unemployment
268
-
1 126
-
total
7 781
-
32 701
-
Corporate
156 988
206 000
-
-
income
31 397
41 201
-
-
total
31 397
41 201
-
-
Dividends

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

94 193
123 599
-
-
municipal
16 954
22 247
-
-
national
11 441
18 732
-
-
total
28 395
40 979
-
-
Income
206 000
206 000
206 000
206 000
Total tax
78 718
82 180
106 601
83 006
After tax
127 282
123 820
99 399
122 994
Living cost
30 089
30 089
30 089
30 089
Free-cash
97 193
93 731
69 310
92 905

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽74741
₽40157
₽61174
₽82813
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
-
-
-
206 000
communal

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

-
-
-
11 187
social contributions
-
-
-
19 539
national
-
-
-
85 525
total
-
-
-
116 251
Employee

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

56 059
-
159 554
-
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
-
7 500
-
communal

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

2 924
-
8 323
-
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
-
1 388
-
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
-
11 966
-
national
17 235
-
61 644
-
total
27 485
-
90 821
-
Employer

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

56 059
-
159 554
-
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
-
9 813
-
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
-
14 136
-
surtax
6 356
-
18 094
-
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
-
2 075
-
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
-
2 329
-
total
16 317
-
46 447
-
Corporate
133 623
206 000
-
-
income
26 724
46 355
-
-
surtax
534
927
-
-
total
27 258
47 282
-
-
Dividends
106 365
158 718
-
-
withholding

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

31 624
47 330
-
-
total
31 624
47 330
-
-
Income
206 000
206 000
206 000
206 000
Total tax
102 684
94 612
137 268
116 251
After tax
103 316
111 388
68 732
89 749
Living cost
28 575
28 575
28 575
28 575
Free-cash
74 741
82 813
40 157
61 174

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽77699
₽67496
₽68321
₽78463
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
-
-
-
206 000
unemployment
-
-
-
75
municipal
-
-
-
54 990
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
27 081
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
103 666
Employee
48 465
-
182 578
-
national
-
-
26 625
-
municipal
14 452
-
54 445
-
total
14 452
-
81 070
-
Employer
48 465
-
182 578
-
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
142 308
206 000
-
-
income
31 308
45 320
-
-
total
31 308
45 320
-
-
Dividends
111 000
160 680
-
-
withholding
33 300
48 204
-
-
total
33 300
48 204
-
-
Income
206 000
206 000
206 000
206 000
Total tax
94 288
93 524
104 491
103 666
After tax
111 712
112 476
101 509
102 334
Living cost
34 012
34 012
34 012
34 012
Free-cash
77 699
78 463
67 496
68 321

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽45698
₽156574
₽104486
₽87453
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
-
-
-
206 000
income
-
-
-
40 153
social contributions
-
-
-
23 484
total
-
-
-
63 637
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
75 112
206 000
-
-
income
16 525
45 320
-
-
total
16 525
45 320
-
-
Dividends
58 588
160 680
-
-
income
12 889
35 350
-
-
total
12 889
35 350
-
-
Income
206 000
206 000
206 000
206 000
Total tax
122 425
80 670
11 549
63 637
After tax
83 575
125 330
194 451
142 363
Living cost
37 877
37 877
37 877
37 877
Free-cash
45 698
87 453
156 574
104 486

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
₽121390
₽110352
₽111980
₽124636
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
-
-
-
206 000
income
-
-
-
50 668
health
-
-
-
5 253
social contributions
-
-
-
12 680
total
-
-
-
68 601
Employee
60 263
60 263
195 634
-
health
599
1 025
3 325
-
income
6 328
5 579
49 792
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
59 863
-
Employer
60 263
60 263
195 634
-
health
653
1 115
3 620
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 366
-
Corporate
167 143
139 620
-
-
income
20 893
17 453
-
-
total
20 893
17 453
-
-
Dividends
146 251
122 167
-
-
withholding
24 862
20 769
-
-
total
24 862
20 769
-
-
Income
206 000
206 000
206 000
206 000
Total tax
59 191
55 945
70 229
68 601
After tax
146 809
150 055
135 771
137 399
Living cost
25 419
25 419
25 419
25 419
Free-cash
121 390
124 636
110 352
111 980

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽103367
₽84774
₽103016
₽98884
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
-
-
-
206 000
income
-
-
-
66 581
pensions
-
-
-
8 267
total
-
-
-
74 848
Employee
38 621
-
179 280
-
health
504
-
2 317
-
pensions
2 948
-
9 638
-
income
7 033
-
54 418
-
total
10 485
-
66 373
-
Employer
38 621
-
179 280
-
health
734
-
3 406
-
pensions
3 902
-
23 311
-
total
4 636
-
26 717
-
Corporate
162 743
206 000
-
-
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.

30 922
39 139
-
-
total
30 922
39 139
-
-
Dividends
131 822
166 861
-
-
withholding
28 454
39 841
-
-
total
28 454
39 841
-
-
Income
206 000
206 000
206 000
206 000
Total tax
74 497
78 980
93 090
74 848
After tax
131 503
127 020
112 910
131 152
Living cost
28 136
28 136
28 136
28 136
Free-cash
103 367
98 884
84 774
103 016

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
₽73721
₽60769
₽67206
₽77286
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
-
-
-
206 000
municipal
-
-
-
1 501
regional
-
-
-
5 292
social contributions
-
-
-
39 224
national
-
-
-
61 556
total
-
-
-
107 573
Employee
66 040
-
206 000
-
social contributions
22 268
-
51 424
-
regional
997
-
4 886
-
national
11 160
-
56 309
-
municipal
394
-
1 391
-
total
34 819
-
114 010
-
Employer
66 040
-
206 000
-
total
-
-
-
-
Corporate
139 960
206 000
-
-
nationa
33 591
49 440
-
-
municipal
6 746
9 929
-
-
total
40 337
59 369
-
-
Dividends
99 623
146 631
-
-
withholding
25 902
38 124
-
-
total
25 902
38 124
-
-
Income
206 000
206 000
206 000
206 000
Total tax
101 058
97 493
114 010
107 573
After tax
104 942
108 507
91 990
98 427
Living cost
31 221
31 221
31 221
31 221
Free-cash
73 721
77 286
60 769
67 206

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽14117
₽97688
₽123826
-₽51
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
-
-
-
206 000
pensions
-
-
-
3 165
income
-
-
-
60 139
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
65 437
Employee
26 328
-
189 799
-
health
3 015
-
21 732
-
pensions
2 965
-
5 804
-
income
3 612
-
47 838
-
total
9 592
-
75 374
-
Employer
26 328
-
189 799
-
pensions
4 281
-
8 381
-
accident
440
-
3 170
-
unemployment
645
-
4 650
-
total
5 366
-
16 201
-
Corporate
174 307
206 000
-
-
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.

156 876
185 400
-
-
total
156 876
185 400
-
-
Dividends
17 431
20 600
-
-
withholding
3 312
3 914
-
-
total
3 312
3 914
-
-
Income
206 000
206 000
206 000
206 000
Total tax
175 146
189 314
91 575
65 437
After tax
30 854
16 686
114 425
140 563
Living cost
16 737
16 737
16 737
16 737
Free-cash
14 117
-51
97 688
123 826

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
₽85903
₽95261
₽70928
₽75647
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.

-
-
-
206 000
trade
-
-
-
24 333
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.

-
-
-
71 211
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.

-
-
-
3 917
total
-
-
-
104 815
Employee

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

38 994
-
206 000
-
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
-
71 211
-
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
-
3 917
-
total
8 737
-
80 482
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 006
206 000
-
-
income
25 051
30 900
-
-
trade
23 965
29 562
-
-
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.

1 377
1 700
-
-
chamber of commerce
364
421
-
-
total
50 757
62 583
-
-
Dividends
116 248
143 417
-
-
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.

1 582
1 956
-
-
withholding
28 764
35 557
-
-
total
30 346
37 513
-
-
Income
206 000
206 000
206 000
206 000
Total tax
89 840
100 096
80 482
104 815
After tax
116 160
105 904
125 518
101 185
Living cost
30 257
30 257
30 257
30 257
Free-cash
85 903
75 647
95 261
70 928

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽142068
₽74822
₽60622
₽148495
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.

-
-
-
206 000
income
-
-
-
46 517
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 027
surtax
-
-
-
52 530
total
-
-
-
129 074
Employee
22 900
-
165 315
-
income
4 076
-
39 945
-
social contributions

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

2 519
-
10 274
-
surtax
-
-
23 971
-
total
6 595
-
74 190
-
Employer
22 900
-
165 315
-
social contributions

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

5 516
-
22 500
-
surtax
-
-
18 184
-
total
5 516
-
40 684
-
Corporate
177 584
206 000
-
-
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%.

35 517
41 201
-
-
total
35 517
41 201
-
-
Dividends

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

142 067
164 799
-
-
total
-
-
-
-
Income
206 000
206 000
206 000
206 000
Total tax
47 628
41 201
114 874
129 074
After tax
158 372
164 799
91 126
76 926
Living cost
16 304
16 304
16 304
16 304
Free-cash
142 068
148 495
74 822
60 622

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽117200
₽117742
₽118436
₽118801
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
-
-
-
206 000
income
-
-
-
65 562
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
77 821
Employee
14 840
-
198 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
65 189
-
total
5 097
-
70 519
-
Employer
14 840
-
198 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
187 821
206 000
-
-
income
41 321
45 320
-
-
total
41 321
45 320
-
-
Dividends
146 501
160 680
-
-
withholding
29 300
32 136
-
-
total
29 300
32 136
-
-
Income
206 000
206 000
206 000
206 000
Total tax
79 057
77 456
78 515
77 821
After tax
126 943
128 544
127 485
128 179
Living cost
9 743
9 743
9 743
9 743
Free-cash
117 200
118 801
117 742
118 436

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
₽109478
₽74189
₽78982
₽111971
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
-
-
-
206 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
68 859
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
12 033
total
-
-
-
109 415
Employee
26 392
-
183 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
64 171
-
other
-
-
-
-
surtax
94
-
11 096
-
total
8 791
-
92 191
-
Employer
26 392
-
183 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
174 051
206 000
-
-
income
45 253
53 560
-
-
total
45 253
53 560
-
-
Dividends
128 798
152 440
-
-
withholding
19 319
22 866
-
-
total
19 319
22 866
-
-
Income
206 000
206 000
206 000
206 000
Total tax
78 919
76 426
114 208
109 415
After tax
127 081
129 574
91 792
96 585
Living cost
17 603
17 603
17 603
17 603
Free-cash
109 478
111 971
74 189
78 982

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽88024
₽28265
₽80200
₽88412
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
-
-
-
206 000
pensions
-
-
-
16 938