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
₽ 207000
per

Your estimated
City
free-cash

Valencia , Spain
₽112276
₽90696
₽93964
₽115715
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
-
-
-
207 000
unemployment
-
-
-
506
income
-
-
-
69 953
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
91 614
Employee
28 804
-
183 981
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
67 278
-
other
28
-
72
-
total
7 381
-
71 863
-
Employer
28 804
-
183 981
-
pensions
6 797
-
17 040
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 019
-
Corporate
169 012
207 000
-
-
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.

25 351
31 050
-
-
total
25 351
31 050
-
-
Dividends
143 661
175 950
-
-
withholding
31 386
38 813
-
-
total
31 386
38 813
-
-
Income
207 000
207 000
207 000
207 000
Total tax
73 302
69 863
94 882
91 614
After tax
133 698
137 137
112 118
115 386
Living cost
21 422
21 422
21 422
21 422
Free-cash
112 276
115 715
90 696
93 964

Estimated living cost  is ₽21422 per week

₽14459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽375
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4528
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
₽126065
₽106700
₽108337
₽131328
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
-
-
-
207 000
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.

-
-
-
28 431
income
-
-
-
38 637
other
-
-
-
5 626
health
-
-
-
5 212
total
-
-
-
77 906
Employee
28 285
-
176 683
-
health
396
-
1 659
-
unemployment
282
-
1 184
-
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.

1 979
-
8 292
-
income
4 870
-
38 091
-
total
7 527
-
49 226
-
Employer
28 285
-
176 683
-
health
396
-
1 659
-
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.

4 809
-
20 139
-
accident
226
-
1 413
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
30 317
-
Corporate
171 587
207 000
-
-
income
36 034
43 469
-
-
total
36 034
43 469
-
-
Dividends
135 553
163 531
-
-
withholding
9 489
11 446
-
-
total
9 489
11 446
-
-
Income
207 000
207 000
207 000
207 000
Total tax
60 178
54 915
79 543
77 906
After tax
146 822
152 085
127 457
129 094
Living cost
20 757
20 757
20 757
20 757
Free-cash
126 065
131 328
106 700
108 337

Estimated living cost  is ₽20757 per week

₽14666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
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.
₽4355
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
₽163146
₽167332
₽158462
₽166766
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
-
-
-
207 000
pensions

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

-
-
-
4 029
unemployment
-
-
-
109
income
-
-
-
31 050
health
-
-
-
3 131
total
-
-
-
38 319
Employee
13 532
-
201 659
-
health
622
-
1 252
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
pensions

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

1 188
-
2 391
-
income
1 353
-
20 166
-
total
3 312
-
24 108
-
Employer
13 532
-
201 659
-
health
934
-
1 879
-
pensions

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

1 491
-
3 000
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 655
-
5 341
-
Corporate
190 813
207 000
-
-
income
19 081
20 700
-
-
total
19 081
20 700
-
-
Dividends
171 732
186 300
-
-
withholding
8 587
9 315
-
-
total
8 587
9 315
-
-
Income
207 000
207 000
207 000
207 000
Total tax
33 635
30 015
29 449
38 319
After tax
173 365
176 985
177 551
168 681
Living cost
10 219
10 219
10 219
10 219
Free-cash
163 146
166 766
167 332
158 462

Estimated living cost  is ₽10219 per week

₽5966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
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.
₽3253
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
₽82276
₽75789
₽83870
₽77677
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
-
-
-
207 000
income
-
-
-
42 972
other
-
-
-
6 417
health
-
-
-
10 931
social contributions
-
-
-
5 898
pensions
-
-
-
30 260
surtax
-
-
-
-
total
-
-
-
96 478
Employee
33 340
-
156 504
-
pensions
3 770
-
12 418
-
income
1 968
-
37 186
-
social contributions
951
-
4 459
-
surtax
-
-
-
-
total
6 689
-
54 063
-
Employer
33 340
-
156 504
-
health
2 334
-
16 298
-
social contributions
101
-
470
-
pensions
5 477
-
20 630
-
unemployment
1 350
-
6 339
-
other
1 150
-
6 759
-
total
10 412
-
50 496
-
Corporate
163 248
207 000
-
-
income
45 709
57 960
-
-
surtax
-
-
-
-
total
45 709
57 960
-
-
Dividends
117 539
149 040
-
-
social contributions
20 217
25 634
-
-
surtax
-
-
-
-
withholding
15 045
19 077
-
-
total
35 262
44 711
-
-
Income
207 000
207 000
207 000
207 000
Total tax
98 072
102 671
104 559
96 478
After tax
108 928
104 329
102 441
110 522
Living cost
26 652
26 652
26 652
26 652
Free-cash
82 276
77 677
75 789
83 870

Estimated living cost  is ₽26652 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
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.
₽7227
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
₽66117
₽99696
₽76792
₽70891
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
-
-
-
207 000
pensions
-
-
-
9 127
income
-
-
-
78 842
health
-
-
-
9 606
total
-
-
-
97 575
Employee
66 524
66 524
192 523
-
health
10 211
8 685
9 606
-
pensions
11 974
9 127
9 127
-
income

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

10 889
10 889
41 460
-
total
33 074
28 701
60 193
-
Employer
66 524
66 524
192 523
-
health
4 624
4 624
5 746
-
pensions
4 630
4 630
5 755
-
unemployment
2 395
2 395
2 976
-
total
11 649
11 649
14 477
-
Corporate
129 643
128 827
-
-
income
25 928
25 765
-
-
total
25 928
25 765
-
-
Dividends
103 715
103 062
-
-
income
22 040
21 901
-
-
withholding
15 558
15 459
-
-
total
37 598
37 360
-
-
Income
207 000
207 000
207 000
207 000
Total tax
108 249
103 475
74 670
97 575
After tax
98 751
103 525
132 330
109 425
Living cost
32 634
32 634
32 634
32 634
Free-cash
66 117
70 891
99 696
76 792

Estimated living cost  is ₽32634 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
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.
₽6046
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
₽89310
₽102415
₽75517
₽80694
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.

-
-
-
207 000
trade
-
-
-
26 898
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.

-
-
-
71 724
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.

-
-
-
5 322
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.

-
-
-
3 944
total
-
-
-
107 888
Employee

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

29 795
-
207 000
-
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.

5 322
-
5 322
-
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.

832
-
71 724
-
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
-
3 944
-
total
6 200
-
80 990
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 205
207 000
-
-
income
26 581
31 050
-
-
trade
27 910
32 602
-
-
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.

1 462
1 707
-
-
chamber of commerce
373
415
-
-
total
56 326
65 774
-
-
Dividends
120 878
141 224
-
-
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.

1 645
1 926
-
-
withholding
29 924
35 011
-
-
total
31 569
36 937
-
-
Income
207 000
207 000
207 000
207 000
Total tax
94 095
102 711
80 990
107 888
After tax
112 905
104 289
126 010
99 112
Living cost
23 595
23 595
23 595
23 595
Free-cash
89 310
80 694
102 415
75 517

Estimated living cost  is ₽23595 per week

₽14842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5561
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
₽128506
₽118323
₽119954
₽132743
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
-
-
-
207 000
income
-
-
-
51 127
health
-
-
-
5 279
social contributions
-
-
-
12 604
total
-
-
-
69 010
Employee
59 902
59 902
196 656
-
health
464
1 019
3 342
-
income
6 522
5 545
50 249
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
60 297
-
Employer
59 902
59 902
196 656
-
health
504
1 109
3 638
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
10 344
-
Corporate
176 944
141 018
-
-
income
22 118
17 627
-
-
total
22 118
17 627
-
-
Dividends
154 825
123 391
-
-
withholding
26 320
20 977
-
-
total
26 320
20 977
-
-
Income
207 000
207 000
207 000
207 000
Total tax
60 458
56 221
70 641
69 010
After tax
146 542
150 779
136 359
137 990
Living cost
18 036
18 036
18 036
18 036
Free-cash
128 506
132 743
118 323
119 954

Estimated living cost  is ₽18036 per week

₽10809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
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.
₽5059
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
₽92524
₽64597
₽81945
₽93307
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.

-
-
-
207 000
income
-
-
-
28 687
social contributions

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

-
-
-
71 933
surtax
-
-
-
-
total
-
-
-
100 620
Employee
35 828
-
167 272
-
income
7 452
-
59 076
-
social contributions
3 941
-
18 400
-
surtax
-
-
766
-
total
11 393
-
78 242
-
Employer
35 828
-
167 272
-
social contributions
8 509
-
39 726
-
total
8 509
-
39 726
-
Corporate
162 663
207 000
-
-
income
34 159
43 469
-
-
surtax
-
-
-
-
total
34 159
43 469
-
-
Dividends
128 504
163 531
-
-
withholding
35 980
45 789
-
-
total
35 980
45 789
-
-
Income
207 000
207 000
207 000
207 000
Total tax
90 041
89 258
117 968
100 620
After tax
116 959
117 742
89 032
106 380
Living cost
24 435
24 435
24 435
24 435
Free-cash
92 524
93 307
64 597
81 945

Estimated living cost  is ₽24435 per week

₽18282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
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.
₽4303
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
₽189747
₽159787
₽199117
₽190837
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%.

-
-
-
207 000
microenterprise

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

-
-
-
2 070
total
-
-
-
2 070
Employee
7 266
-
207 000
-
income
1 453
-
41 400
-
total
1 453
-
41 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

199 734
207 000
-
-
total
-
-
-
-
Dividends
199 734
207 000
-
-
withholding
9 987
10 350
-
-
total
9 987
10 350
-
-
Income
207 000
207 000
207 000
207 000
Total tax
11 440
10 350
41 400
2 070
After tax
195 560
196 650
165 600
204 930
Living cost
5 813
5 813
5 813
5 813
Free-cash
189 747
190 837
159 787
199 117

Estimated living cost  is ₽5813 per week

₽3602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
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.
₽1567
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
₽115109
₽67362
₽71859
₽121625
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.

-
-
-
207 000
pensions
-
-
-
37 803
unemployment
-
-
-
310
income
-
-
-
55 765
health
-
-
-
20 368
total
-
-
-
114 246
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.

34 448
-
179 112
-
health
2 225
-
11 571
-
unemployment
49
-
251
-
pensions
5 340
-
27 763
-
income
5 940
-
51 270
-
total
13 554
-
90 855
-
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.

34 448
-
179 112
-
health
2 294
-
11 928
-
pensions
3 048
-
15 852
-
unemployment
21
-
108
-
total
5 363
-
27 888
-
Corporate
167 189
207 000
-
-
income
31 766
39 330
-
-
total
31 766
39 330
-
-
Dividends
135 423
167 670
-
-
withholding
20 313
25 150
-
-
total
20 313
25 150
-
-
Income
207 000
207 000
207 000
207 000
Total tax
70 996
64 480
118 743
114 246
After tax
136 004
142 520
88 257
92 754
Living cost
20 895
20 895
20 895
20 895
Free-cash
115 109
121 625
67 362
71 859

Estimated living cost  is ₽20895 per week

₽14340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
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.
₽4812
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
₽104879
₽114646
₽142698
₽102156
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.

-
-
-
207 000
income
-
-
-
31 050
health

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

-
-
-
4 974
total
-
-
-
36 024
Employee
35 736
-
203 417
-
social contributions
3 580
-
3 583
-
income
3 878
-
56 910
-
total
7 458
-
60 493
-
Employer
35 736
-
203 417
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
167 684
207 000
-
-
income
58 689
72 450
-
-
total
58 689
72 450
-
-
Dividends
108 995
134 550
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
207 000
207 000
207 000
207 000
Total tax
73 843
76 566
64 076
36 024
After tax
133 157
130 434
142 924
170 976
Living cost
28 278
28 278
28 278
28 278
Free-cash
104 879
102 156
114 646
142 698

Estimated living cost  is ₽28278 per week

₽18627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽6988
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
₽110176
₽59648
₽116415
₽109770
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
-
-
-
207 000
income
-
-
-
31 050
health
-
-
-
14 449
social contributions
-
-
-
28 567
total
-
-
-
74 066
Employee
26 413
-
207 000
-
health
1 843
-
14 449
-
income
4 405
-
87 817
-
social contributions
3 645
-
28 567
-
total
9 893
-
130 833
-
Employer
26 413
-
207 000
-
total
-
-
-
-
Corporate
180 587
207 000
-
-
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%.

9 029
10 350
-
-
total
9 029
10 350
-
-
Dividends
171 558
196 650
-
-
social contributions
23 675
27 137
-
-
withholding
25 734
29 498
-
-
health
11 974
13 726
-
-
total
61 383
70 361
-
-
Income
207 000
207 000
207 000
207 000
Total tax
80 305
80 711
130 833
74 066
After tax
126 695
126 289
76 167
132 934
Living cost
16 518
16 518
16 518
16 518
Free-cash
110 176
109 770
59 648
116 415

Estimated living cost  is ₽16518 per week

₽11055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1019
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.
₽4064
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
₽112948
₽94527
₽104114
₽120722
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
-
-
-
207 000
income
-
-
-
23 040
health
-
-
-
27 945
social contributions
-
-
-
25 453
solidarity contribution
-
-
-
4 651
total
-
-
-
81 089
Employee
32 054
-
169 916
-
health
4 327
-
22 939
-
solidarity contribution
-
-
3 790
-
income
3 846
-
21 197
-
social contributions
2 083
-
5 666
-
total
10 256
-
53 592
-
Employer
32 054
-
169 916
-
health
2 885
-
15 292
-
social contributions
8 013
-
21 792
-
total
10 898
-
37 084
-
Corporate
164 048
207 000
-
-
income
31 169
39 330
-
-
total
31 169
39 330
-
-
Dividends
132 879
167 670
-
-
withholding
19 932
25 151
-
-
total
19 932
25 151
-
-
Income
207 000
207 000
207 000
207 000
Total tax
72 255
64 481
90 676
81 089
After tax
134 745
142 519
116 324
125 911
Living cost
21 797
21 797
21 797
21 797
Free-cash
112 948
120 722
94 527
104 114

Estimated living cost  is ₽21797 per week

₽16209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽377
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.
₽4003
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
₽185893
₽156542
₽195872
₽187592
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%.

-
-
-
207 000
microenterprise

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

-
-
-
2 070
total
-
-
-
2 070
Employee
11 323
-
207 000
-
income
2 265
-
41 400
-
total
2 265
-
41 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

195 677
207 000
-
-
total
-
-
-
-
Dividends
195 677
207 000
-
-
withholding
9 784
10 350
-
-
total
9 784
10 350
-
-
Income
207 000
207 000
207 000
207 000
Total tax
12 049
10 350
41 400
2 070
After tax
194 951
196 650
165 600
204 930
Living cost
9 058
9 058
9 058
9 058
Free-cash
185 893
187 592
156 542
195 872

Estimated living cost  is ₽9058 per week

₽6130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
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.
₽2244
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
₽72059
₽64816
₽72897
₽66704
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
-
-
-
207 000
income
-
-
-
42 972
other
-
-
-
6 417
health
-
-
-
10 931
social contributions
-
-
-
5 898
pensions
-
-
-
30 260
surtax
-
-
-
-
total
-
-
-
96 478
Employee
48 790
-
156 504
-
pensions
5 519
-
12 418
-
income
4 257
-
37 186
-
social contributions
1 390
-
4 459
-
surtax
-
-
-
-
total
11 166
-
54 063
-
Employer
48 790
-
156 504
-
health
3 415
-
16 298
-
social contributions
146
-
470
-
pensions
8 017
-
20 630
-
unemployment
1 976
-
6 339
-
other
1 684
-
6 759
-
total
15 238
-
50 496
-
Corporate
142 971
207 000
-
-
income
40 032
57 960
-
-
surtax
-
-
-
-
total
40 032
57 960
-
-
Dividends
102 939
149 040
-
-
social contributions
17 704
25 634
-
-
surtax
-
-
-
-
withholding
13 176
19 077
-
-
total
30 880
44 711
-
-
Income
207 000
207 000
207 000
207 000
Total tax
97 316
102 671
104 559
96 478
After tax
109 684
104 329
102 441
110 522
Living cost
37 625
37 625
37 625
37 625
Free-cash
72 059
66 704
64 816
72 897

Estimated living cost  is ₽37625 per week

₽25464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
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
₽132321
₽123397
₽123395
₽136138
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.

-
-
-
207 000
pensions
-
-
-
14 910
unemployment
-
-
-
860
income
-
-
-
48 509
health
-
-
-
5 907
total
-
-
-
70 186
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.

20 235
-
196 735
-
health
1 042
-
2 953
-
unemployment
152
-
430
-
pensions
2 833
-
8 028
-
income
2 789
-
48 509
-
total
6 816
-
59 920
-
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.

20 235
-
196 735
-
health
1 042
-
2 953
-
pensions
2 428
-
6 881
-
unemployment
152
-
430
-
total
3 622
-
10 264
-
Corporate
183 142
207 000
-
-
income
27 471
31 050
-
-
total
27 471
31 050
-
-
Dividends
155 671
175 950
-
-
withholding
23 351
26 393
-
-
total
23 351
26 393
-
-
Income
207 000
207 000
207 000
207 000
Total tax
61 260
57 443
70 184
70 186
After tax
145 740
149 557
136 816
136 814
Living cost
13 419
13 419
13 419
13 419
Free-cash
132 321
136 138
123 397
123 395

Estimated living cost  is ₽13419 per week

₽9035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
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.
₽2958
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
₽64040
₽101464
₽106658
₽41145
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
-
-
-
207 000
pensions
-
-
-
19 045
city
-
-
-
2 183
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.

-
-
-
4 074
health
-
-
-
466
regional
-
-
-
13 175
national
-
-
-
7 887
total
-
-
-
46 830
Employee
62 623
-
187 507
-
health
142
-
422
-
unemployment
-
-
-
-
city
672
-
2 044
-
pensions
5 261
-
13 257
-
regional
2 051
-
12 009
-
national
296
-
6 862
-
total
8 422
-
34 594
-
Employer
62 623
-
187 507
-
health
142
-
422
-
pensions
5 261
-
13 257
-
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.

1 252
-
3 751
-
total
6 655
-
17 430
-
Corporate
137 033
207 000
-
-
regional
28 982
43 780
-
-
national
11 648
17 595
-
-
total
40 630
61 375
-
-
Dividends
96 403
145 625
-
-
withholding
33 741
50 968
-
-
total
33 741
50 968
-
-
Income
207 000
207 000
207 000
207 000
Total tax
89 448
112 343
52 024
46 830
After tax
117 552
94 657
154 976
160 170
Living cost
53 512
53 512
53 512
53 512
Free-cash
64 040
41 145
101 464
106 658

Estimated living cost  is ₽53512 per week

₽34798
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
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.
₽13255
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
₽97873
₽69755
₽93465
₽94297
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

-
-
-
207 000
municipal
-
-
-
36 745
health
-
-
-
2 862
national
-
-
-
44 020
total
-
-
-
83 627
Employee
40 985
-
174 139
-
health
306
-
2 356
-
unemployment
615
-
2 612
-
pensions
2 766
-
11 754
-
national
677
-
29 419
-
municipal
6 713
-
28 335
-
total
11 077
-
74 476
-
Employer
40 985
-
174 139
-
health
315
-
1 341
-
pensions
7 111
-
30 214
-
accident
41
-
174
-
unemployment
266
-
1 132
-
total
7 733
-
32 861
-
Corporate
158 282
207 000
-
-
income
31 656
41 400
-
-
total
31 656
41 400
-
-
Dividends

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

94 969
124 200
-
-
municipal
17 095
22 356
-
-
national
11 658
19 039
-
-
total
28 753
41 395
-
-
Income
207 000
207 000
207 000
207 000
Total tax
79 219
82 795
107 337
83 627
After tax
127 781
124 205
99 663
123 373
Living cost
29 908
29 908
29 908
29 908
Free-cash
97 873
94 297
69 755
93 465

Estimated living cost  is ₽29908 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
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.
₽7020
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
₽75538
₽40581
₽61791
₽83419
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
-
-
-
207 000
communal

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

-
-
-
11 254
social contributions
-
-
-
19 422
national
-
-
-
86 130
total
-
-
-
116 806
Employee

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

55 722
-
160 330
-
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.

2 618
-
7 535
-
communal

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

2 906
-
8 363
-
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.

485
-
1 396
-
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.

4 179
-
12 025
-
national
17 131
-
62 028
-
total
27 319
-
91 347
-
Employer

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

55 722
-
160 330
-
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.

3 427
-
9 860
-
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.

4 938
-
14 205
-
surtax
6 318
-
18 180
-
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.

724
-
2 084
-
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.

813
-
2 340
-
total
16 220
-
46 669
-
Corporate
135 058
207 000
-
-
income
27 012
46 725
-
-
surtax
540
934
-
-
total
27 552
47 659
-
-
Dividends
107 506
159 341
-
-
withholding

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

31 968
47 519
-
-
total
31 968
47 519
-
-
Income
207 000
207 000
207 000
207 000
Total tax
103 059
95 178
138 016
116 806
After tax
103 941
111 822
68 984
90 194
Living cost
28 403
28 403
28 403
28 403
Free-cash
75 538
83 419
40 581
61 791

Estimated living cost  is ₽28403 per week

₽18295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
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.
₽7180
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
₽78680
₽68268
₽69082
₽79434
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
-
-
-
207 000
unemployment
-
-
-
74
municipal
-
-
-
55 368
other
-
-
-
8 554
health
-
-
-
4 593
national
-
-
-
27 636
accident
-
-
-
147
pensions
-
-
-
7 958
total
-
-
-
104 330
Employee
47 860
-
183 871
-
national
-
-
27 185
-
municipal
14 272
-
54 830
-
total
14 272
-
82 015
-
Employer
47 860
-
183 871
-
health
2 943
-
4 527
-
pensions
5 174
-
7 958
-
accident
96
-
147
-
unemployment
1 263
-
1 943
-
other
5 561
-
8 554
-
total
15 037
-
23 129
-
Corporate
144 103
207 000
-
-
income
31 703
45 540
-
-
total
31 703
45 540
-
-
Dividends
112 400
161 460
-
-
withholding
33 720
48 438
-
-
total
33 720
48 438
-
-
Income
207 000
207 000
207 000
207 000
Total tax
94 732
93 978
105 144
104 330
After tax
112 268
113 022
101 856
102 670
Living cost
33 588
33 588
33 588
33 588
Free-cash
78 680
79 434
68 268
69 082

Estimated living cost  is ₽33588 per week

₽22261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
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.
₽7521
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
₽48089
₽158682
₽106025
₽88910
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
-
-
-
207 000
income
-
-
-
40 348
social contributions
-
-
-
23 598
total
-
-
-
63 946
Employee
53 095
-
-
-
income
11 712
-
-
-
social contributions
4 354
-
620
-
total
16 066
-
620
-
Employer
53 095
-
-
-
social contributions
74 863
-
10 669
-
total
74 863
-
10 669
-
Corporate
79 042
207 000
-
-
income
17 389
45 540
-
-
total
17 389
45 540
-
-
Dividends
61 653
161 460
-
-
income
13 564
35 521
-
-
total
13 564
35 521
-
-
Income
207 000
207 000
207 000
207 000
Total tax
121 882
81 061
11 289
63 946
After tax
85 118
125 939
195 711
143 054
Living cost
37 029
37 029
37 029
37 029
Free-cash
48 089
88 910
158 682
106 025

Estimated living cost  is ₽37029 per week

₽24026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
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.
₽9049
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
₽122284
₽111092
₽112723
₽125512
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
-
-
-
207 000
income
-
-
-
51 127
health
-
-
-
5 279
social contributions
-
-
-
12 604
total
-
-
-
69 010
Employee
59 902
59 902
196 656
-
health
596
1 019
3 342
-
income
6 290
5 545
50 249
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
60 297
-
Employer
59 902
59 902
196 656
-
health
649
1 109
3 638
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
10 344
-
Corporate
168 377
141 018
-
-
income
21 047
17 627
-
-
total
21 047
17 627
-
-
Dividends
147 330
123 391
-
-
withholding
25 045
20 977
-
-
total
25 045
20 977
-
-
Income
207 000
207 000
207 000
207 000
Total tax
59 449
56 221
70 641
69 010
After tax
147 551
150 779
136 359
137 990
Living cost
25 267
25 267
25 267
25 267
Free-cash
122 284
125 512
111 092
112 723

Estimated living cost  is ₽25267 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
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.
₽5597
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
₽103978
₽85399
₽103723
₽99520
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
-
-
-
207 000
income
-
-
-
67 066
pensions
-
-
-
8 259
total
-
-
-
75 325
Employee
38 368
-
180 137
-
health
500
-
2 322
-
pensions
2 928
-
9 614
-
income
6 987
-
54 851
-
total
10 415
-
66 787
-
Employer
38 368
-
180 137
-
health
729
-
3 422
-
pensions
3 876
-
23 440
-
total
4 605
-
26 862
-
Corporate
164 027
207 000
-
-
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.

31 165
39 330
-
-
total
31 165
39 330
-
-
Dividends
132 862
167 670
-
-
withholding
28 885
40 198
-
-
total
28 885
40 198
-
-
Income
207 000
207 000
207 000
207 000
Total tax
75 070
79 528
93 649
75 325
After tax
131 930
127 472
113 351
131 675
Living cost
27 952
27 952
27 952
27 952
Free-cash
103 978
99 520
85 399
103 723

Estimated living cost  is ₽27952 per week

₽19175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
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.
₽5855
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
₽74456
₽61583
₽67983
₽78000
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
-
-
-
207 000
municipal
-
-
-
1 512
regional
-
-
-
5 334
social contributions
-
-
-
38 989
national
-
-
-
62 148
total
-
-
-
107 983
Employee
65 644
-
207 000
-
social contributions
22 135
-
51 115
-
regional
991
-
4 931
-
national
11 093
-
56 934
-
municipal
392
-
1 403
-
total
34 611
-
114 383
-
Employer
65 644
-
207 000
-
total
-
-
-
-
Corporate
141 356
207 000
-
-
nationa
33 926
49 680
-
-
municipal
6 813
9 977
-
-
total
40 739
59 657
-
-
Dividends
100 617
147 343
-
-
withholding
26 160
38 309
-
-
total
26 160
38 309
-
-
Income
207 000
207 000
207 000
207 000
Total tax
101 510
97 966
114 383
107 983
After tax
105 490
109 034
92 617
99 017
Living cost
31 034
31 034
31 034
31 034
Free-cash
74 456
78 000
61 583
67 983

Estimated living cost  is ₽31034 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽6630
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
₽14189
₽98169
₽124432
-₽46
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
-
-
-
207 000
pensions
-
-
-
3 180
income
-
-
-
60 432
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
65 755
Employee
26 447
-
190 723
-
health
3 028
-
21 838
-
pensions
2 978
-
5 830
-
income
3 628
-
48 073
-
total
9 634
-
75 741
-
Employer
26 447
-
190 723
-
pensions
4 300
-
8 419
-
accident
441
-
3 185
-
unemployment
648
-
4 673
-
total
5 389
-
16 277
-
Corporate
175 163
207 000
-
-
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.

157 647
186 300
-
-
total
157 647
186 300
-
-
Dividends
17 516
20 700
-
-
withholding
3 328
3 933
-
-
total
3 328
3 933
-
-
Income
207 000
207 000
207 000
207 000
Total tax
175 998
190 233
92 018
65 755
After tax
31 002
16 767
114 982
141 245
Living cost
16 813
16 813
16 813
16 813
Free-cash
14 189
-46
98 169
124 432

Estimated living cost  is ₽16813 per week

₽12322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3208
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
₽86534
₽95935
₽71428
₽76343
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.

-
-
-
207 000
trade
-
-
-
24 507
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.

-
-
-
71 724
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.

-
-
-
5 322
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.

-
-
-
3 944
total
-
-
-
105 497
Employee

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

38 760
-
207 000
-
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.

5 322
-
5 322
-
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.

3 187
-
71 724
-
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.

176
-
3 944
-
total
8 685
-
80 990
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 240
207 000
-
-
income
25 236
31 050
-
-
trade
24 142
29 705
-
-
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.

1 388
1 707
-
-
chamber of commerce
365
421
-
-
total
51 131
62 883
-
-
Dividends
117 108
144 116
-
-
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.

1 594
1 965
-
-
withholding
28 981
35 734
-
-
total
30 575
37 699
-
-
Income
207 000
207 000
207 000
207 000
Total tax
90 391
100 582
80 990
105 497
After tax
116 609
106 418
126 010
101 503
Living cost
30 075
30 075
30 075
30 075
Free-cash
86 534
76 343
95 935
71 428

Estimated living cost  is ₽30075 per week

₽20747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
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.
₽5656
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
₽143003
₽75462
₽61222
₽149393
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.

-
-
-
207 000
income
-
-
-
46 940
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.

-
-
-
29 847
surtax
-
-
-
52 784
total
-
-
-
129 571
Employee
22 763
-
166 338
-
income
4 052
-
40 338
-
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.

2 504
-
10 212
-
surtax
-
-
24 119
-
total
6 556
-
74 669
-
Employer
22 763
-
166 338
-
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.

5 483
-
22 365
-
surtax
-
-
18 297
-
total
5 483
-
40 662
-
Corporate
178 754
207 000
-
-
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%.

35 751
41 400
-
-
total
35 751
41 400
-
-
Dividends

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

143 003
165 600
-
-
total
-
-
-
-
Income
207 000
207 000
207 000
207 000
Total tax
47 790
41 400
115 331
129 571
After tax
159 210
165 600
91 669
77 429
Living cost
16 207
16 207
16 207
16 207
Free-cash
143 003
149 393
75 462
61 222

Estimated living cost  is ₽16207 per week

₽10339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
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.
₽3956
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
₽117663
₽118164
₽118866
₽119287
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
-
-
-
207 000
income
-
-
-
65 820
health
-
-
-
5 225
pensions
-
-
-
7 208
total
-
-
-
78 253
Employee
15 050
-
198 892
-
health
753
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
65 441
-
total
5 169
-
70 846
-
Employer
15 050
-
198 892
-
health
1 430
-
3 424
-
pensions
1 656
-
3 964
-
unemployment
301
-
721
-
total
3 387
-
8 109
-
Corporate
188 564
207 000
-
-
income
41 484
45 540
-
-
total
41 484
45 540
-
-
Dividends
147 080
161 460
-
-
withholding
29 416
32 292
-
-
total
29 416
32 292
-
-
Income
207 000
207 000
207 000
207 000
Total tax
79 456
77 832
78 955
78 253
After tax
127 544
129 168
128 045
128 747
Living cost
9 881
9 881
9 881
9 881
Free-cash
117 663
119 287
118 164
118 866

Estimated living cost  is ₽9881 per week

₽5872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
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.
₽2982
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
₽110228
₽74772
₽79537
₽112705
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
-
-
-
207 000
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
69 452
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
12 162
total
-
-
-
109 966
Employee
26 234
-
185 115
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
64 793
-
other
-
-
-
-
surtax
93
-
11 231
-
total
8 737
-
92 846
-
Employer
26 234
-
185 115
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
175 243
207 000
-
-
income
45 563
53 821
-
-
total
45 563
53 821
-
-
Dividends
129 680
153 179
-
-
withholding
19 452
22 977
-
-
total
19 452
22 977
-
-
Income
207 000
207 000
207 000
207 000
Total tax
79 275
76 798
114 731
109 966
After tax
127 725
130 202
92 269
97 034
Living cost
17 497
17 497
17 497
17 497
Free-cash
110 228
112 705
74 772
79 537

Estimated living cost  is ₽17497 per week

₽10564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1521
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.
₽5007
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
₽88712
₽28617
₽80828
₽89097
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
-
-
-
207 000
pensions
-
-
-
16 836