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
₽ 212000
per

Your estimated
City
free-cash

Valencia , Spain
₽115239
₽93137
₽96451
₽118724
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
-
-
-
212 000
unemployment
-
-
-
512
income
-
-
-
71 893
other
-
-
-
73
accident
-
-
-
659
pensions
-
-
-
20 705
total
-
-
-
93 842
Employee
29 188
-
188 675
-
unemployment
452
-
1 134
-
pensions
1 372
-
3 439
-
income
5 627
-
69 184
-
other
28
-
73
-
total
7 479
-
73 830
-
Employer
29 188
-
188 675
-
pensions
6 888
-
17 267
-
accident
578
-
1 449
-
unemployment
1 606
-
4 024
-
other
234
-
586
-
total
9 306
-
23 326
-
Corporate
173 507
212 000
-
-
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.

26 026
31 801
-
-
total
26 026
31 801
-
-
Dividends
147 481
180 199
-
-
withholding
32 243
39 768
-
-
total
32 243
39 768
-
-
Income
212 000
212 000
212 000
212 000
Total tax
75 054
71 569
97 156
93 842
After tax
136 946
140 431
114 844
118 158
Living cost
21 707
21 707
21 707
21 707
Free-cash
115 239
118 724
93 137
96 451

Estimated living cost  is ₽21707 per week

₽14652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽129392
₽109790
₽111462
₽134723
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
-
-
-
212 000
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.

-
-
-
28 809
income
-
-
-
39 712
other
-
-
-
5 701
health
-
-
-
5 282
total
-
-
-
79 504
Employee
28 661
-
181 261
-
health
401
-
1 681
-
unemployment
286
-
1 200
-
pensions

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

2 006
-
8 402
-
income
4 934
-
39 154
-
total
7 627
-
50 437
-
Employer
28 661
-
181 261
-
health
401
-
1 681
-
pensions

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

4 873
-
20 407
-
accident
229
-
1 450
-
unemployment
286
-
1 200
-
other
1 434
-
6 001
-
total
7 223
-
30 739
-
Corporate
176 115
212 000
-
-
income
36 984
44 520
-
-
total
36 984
44 520
-
-
Dividends
139 132
167 480
-
-
withholding
9 740
11 723
-
-
total
9 740
11 723
-
-
Income
212 000
212 000
212 000
212 000
Total tax
61 574
56 243
81 176
79 504
After tax
150 426
155 757
130 824
132 496
Living cost
21 034
21 034
21 034
21 034
Free-cash
129 392
134 723
109 790
111 462

Estimated living cost  is ₽21034 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽339
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽167220
₽171556
₽162459
₽170893
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
-
-
-
212 000
pensions

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

-
-
-
4 088
unemployment
-
-
-
110
income
-
-
-
31 800
health
-
-
-
3 176
total
-
-
-
39 174
Employee
13 728
-
206 581
-
health
631
-
1 270
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
pensions

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

1 205
-
2 425
-
income
1 373
-
20 658
-
total
3 360
-
24 657
-
Employer
13 728
-
206 581
-
health
948
-
1 906
-
pensions

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

1 513
-
3 044
-
accident

We are using the highest rate at 1.1%.

151
-
304
-
unemployment
82
-
166
-
total
2 694
-
5 420
-
Corporate
195 579
212 000
-
-
income
19 558
21 200
-
-
total
19 558
21 200
-
-
Dividends
176 021
190 800
-
-
withholding
8 801
9 540
-
-
total
8 801
9 540
-
-
Income
212 000
212 000
212 000
212 000
Total tax
34 413
30 740
30 077
39 174
After tax
177 587
181 260
181 923
172 826
Living cost
10 367
10 367
10 367
10 367
Free-cash
167 220
170 893
171 556
162 459

Estimated living cost  is ₽10367 per week

₽6053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽275
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽84503
₽77628
₽86020
₽79840
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
-
-
-
212 000
income
-
-
-
44 271
other
-
-
-
6 572
health
-
-
-
11 242
social contributions
-
-
-
6 040
pensions
-
-
-
30 848
surtax
-
-
-
-
total
-
-
-
98 973
Employee
33 784
-
160 201
-
pensions
3 820
-
12 746
-
income
1 994
-
38 259
-
social contributions
963
-
4 564
-
surtax
-
-
-
-
total
6 777
-
55 569
-
Employer
33 784
-
160 201
-
health
2 365
-
16 724
-
social contributions
102
-
481
-
pensions
5 550
-
21 170
-
unemployment
1 368
-
6 488
-
other
1 165
-
6 933
-
total
10 550
-
51 796
-
Corporate
167 666
212 000
-
-
income
46 947
59 361
-
-
surtax
-
-
-
-
total
46 947
59 361
-
-
Dividends
120 719
152 639
-
-
social contributions
20 764
26 254
-
-
surtax
-
-
-
-
withholding
15 452
19 538
-
-
total
36 216
45 792
-
-
Income
212 000
212 000
212 000
212 000
Total tax
100 490
105 153
107 365
98 973
After tax
111 510
106 847
104 635
113 027
Living cost
27 007
27 007
27 007
27 007
Free-cash
84 503
79 840
77 628
86 020

Estimated living cost  is ₽27007 per week

₽17029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽68142
₽102454
₽78897
₽72978
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
-
-
-
212 000
pensions
-
-
-
9 249
income
-
-
-
81 052
health
-
-
-
9 734
total
-
-
-
100 035
Employee
67 409
67 409
197 330
-
health
10 347
8 801
9 734
-
pensions
12 134
9 249
9 249
-
income

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

11 034
11 034
42 825
-
total
33 515
29 084
61 808
-
Employer
67 409
67 409
197 330
-
health
4 686
4 686
5 823
-
pensions
4 692
4 692
5 832
-
unemployment
2 427
2 427
3 015
-
total
11 805
11 805
14 670
-
Corporate
133 614
132 787
-
-
income
26 722
26 558
-
-
total
26 722
26 558
-
-
Dividends
106 891
106 229
-
-
income
22 714
22 573
-
-
withholding
16 034
15 934
-
-
total
38 748
38 507
-
-
Income
212 000
212 000
212 000
212 000
Total tax
110 790
105 954
76 478
100 035
After tax
101 210
106 046
135 522
111 965
Living cost
33 068
33 068
33 068
33 068
Free-cash
68 142
72 978
102 454
78 897

Estimated living cost  is ₽33068 per week

₽23434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽91630
₽105028
₽77419
₽82894
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.

-
-
-
212 000
trade
-
-
-
27 609
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.

-
-
-
73 621
health

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

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

-
-
-
5 393
surtax

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

-
-
-
4 049
total
-
-
-
110 672
Employee

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

30 192
-
212 000
-
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.

5 393
-
5 393
-
income

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

843
-
73 621
-
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
-
4 049
-
total
6 282
-
83 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 808
212 000
-
-
income
27 271
31 801
-
-
trade
28 635
33 390
-
-
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.

1 499
1 750
-
-
chamber of commerce
380
424
-
-
total
57 785
67 365
-
-
Dividends
124 022
144 636
-
-
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.

1 688
1 973
-
-
withholding
30 706
35 859
-
-
total
32 394
37 832
-
-
Income
212 000
212 000
212 000
212 000
Total tax
96 461
105 197
83 063
110 672
After tax
115 539
106 803
128 937
101 328
Living cost
23 909
23 909
23 909
23 909
Free-cash
91 630
82 894
105 028
77 419

Estimated living cost  is ₽23909 per week

₽15040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽131847
₽121307
₽122973
₽136143
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
-
-
-
212 000
income
-
-
-
52 573
health
-
-
-
5 406
social contributions
-
-
-
12 772
total
-
-
-
70 751
Employee
60 699
60 699
201 478
-
health
470
1 032
3 424
-
income
6 609
5 619
51 676
-
social contributions
2 295
5 038
6 795
-
total
9 374
11 689
61 895
-
Employer
60 699
60 699
201 478
-
health
511
1 123
3 727
-
social contributions
2 295
5 038
6 795
-
total
2 806
6 161
10 522
-
Corporate
181 544
145 140
-
-
income
22 693
18 142
-
-
total
22 693
18 142
-
-
Dividends
158 851
126 998
-
-
withholding
27 004
21 589
-
-
total
27 004
21 589
-
-
Income
212 000
212 000
212 000
212 000
Total tax
61 877
57 581
72 417
70 751
After tax
150 123
154 419
139 583
141 249
Living cost
18 276
18 276
18 276
18 276
Free-cash
131 847
136 143
121 307
122 973

Estimated living cost  is ₽18276 per week

₽10953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽95029
₽66253
₽84094
₽95826
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.

-
-
-
212 000
income
-
-
-
29 475
social contributions

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

-
-
-
73 671
surtax
-
-
-
-
total
-
-
-
103 146
Employee
36 305
-
171 313
-
income
7 552
-
60 639
-
social contributions
3 994
-
18 845
-
surtax
-
-
816
-
total
11 546
-
80 300
-
Employer
36 305
-
171 313
-
social contributions
8 622
-
40 687
-
total
8 622
-
40 687
-
Corporate
167 073
212 000
-
-
income
35 086
44 520
-
-
surtax
-
-
-
-
total
35 086
44 520
-
-
Dividends
131 987
167 480
-
-
withholding
36 957
46 894
-
-
total
36 957
46 894
-
-
Income
212 000
212 000
212 000
212 000
Total tax
92 211
91 414
120 987
103 146
After tax
119 789
120 586
91 013
108 854
Living cost
24 760
24 760
24 760
24 760
Free-cash
95 029
95 826
66 253
84 094

Estimated living cost  is ₽24760 per week

₽18526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽194292
₽163614
₽203894
₽195414
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%.

-
-
-
212 000
microenterprise

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

-
-
-
2 120
total
-
-
-
2 120
Employee
7 482
-
212 000
-
income
1 496
-
42 400
-
total
1 496
-
42 400
-
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%.

204 518
212 000
-
-
total
-
-
-
-
Dividends
204 518
212 000
-
-
withholding
10 226
10 600
-
-
total
10 226
10 600
-
-
Income
212 000
212 000
212 000
212 000
Total tax
11 722
10 600
42 400
2 120
After tax
200 278
201 400
169 600
209 880
Living cost
5 986
5 986
5 986
5 986
Free-cash
194 292
195 414
163 614
203 894

Estimated living cost  is ₽5986 per week

₽3710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽165
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽118186
₽69019
₽73619
₽124788
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.

-
-
-
212 000
pensions
-
-
-
38 717
unemployment
-
-
-
318
income
-
-
-
57 312
health
-
-
-
20 861
total
-
-
-
117 208
Employee

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

34 906
-
183 439
-
health
2 254
-
11 849
-
unemployment
49
-
256
-
pensions
5 411
-
28 433
-
income
6 020
-
52 710
-
total
13 734
-
93 248
-
Employer

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

34 906
-
183 439
-
health
2 325
-
12 216
-
pensions
3 089
-
16 235
-
unemployment
21
-
109
-
total
5 435
-
28 560
-
Corporate
171 659
212 000
-
-
income
32 616
40 281
-
-
total
32 616
40 281
-
-
Dividends
139 044
171 719
-
-
withholding
20 856
25 758
-
-
total
20 856
25 758
-
-
Income
212 000
212 000
212 000
212 000
Total tax
72 641
66 039
121 808
117 208
After tax
139 359
145 961
90 192
94 792
Living cost
21 173
21 173
21 173
21 173
Free-cash
118 186
124 788
69 019
73 619

Estimated living cost  is ₽21173 per week

₽14530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽107735
₽117630
₽146579
₽104976
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.

-
-
-
212 000
income
-
-
-
31 801
health

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

-
-
-
4 966
total
-
-
-
36 767
Employee
36 212
-
208 369
-
social contributions
3 628
-
3 631
-
income
3 929
-
58 454
-
total
7 557
-
62 085
-
Employer
36 212
-
208 369
-
social contributions
3 628
-
3 631
-
total
3 628
-
3 631
-
Corporate
172 160
212 000
-
-
income
60 256
74 200
-
-
total
60 256
74 200
-
-
Dividends
111 904
137 800
-
-
social contributions
4 170
4 170
-
-
total
4 170
4 170
-
-
Income
212 000
212 000
212 000
212 000
Total tax
75 611
78 370
65 716
36 767
After tax
136 389
133 630
146 284
175 233
Living cost
28 654
28 654
28 654
28 654
Free-cash
107 735
104 976
117 630
146 579

Estimated living cost  is ₽28654 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽113011
₽61169
₽119408
₽112601
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
-
-
-
212 000
income
-
-
-
31 801
health
-
-
-
14 797
social contributions
-
-
-
29 256
total
-
-
-
75 854
Employee
26 764
-
212 000
-
health
1 868
-
14 797
-
income
4 464
-
90 040
-
social contributions
3 694
-
29 256
-
total
10 026
-
134 093
-
Employer
26 764
-
212 000
-
total
-
-
-
-
Corporate
185 236
212 000
-
-
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%.

9 262
10 600
-
-
total
9 262
10 600
-
-
Dividends
175 974
201 400
-
-
social contributions
24 284
27 794
-
-
withholding
26 396
30 210
-
-
health
12 283
14 057
-
-
total
62 963
72 061
-
-
Income
212 000
212 000
212 000
212 000
Total tax
82 251
82 661
134 093
75 854
After tax
129 749
129 339
77 907
136 146
Living cost
16 738
16 738
16 738
16 738
Free-cash
113 011
112 601
61 169
119 408

Estimated living cost  is ₽16738 per week

₽11202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽115960
₽97136
₽106973
₽123850
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
-
-
-
212 000
income
-
-
-
23 634
health
-
-
-
28 620
social contributions
-
-
-
25 822
solidarity contribution
-
-
-
4 839
total
-
-
-
82 915
Employee
32 518
-
174 213
-
health
4 390
-
23 519
-
solidarity contribution
-
-
3 956
-
income
3 902
-
21 742
-
social contributions
2 114
-
5 748
-
total
10 406
-
54 965
-
Employer
32 518
-
174 213
-
health
2 927
-
15 679
-
social contributions
8 130
-
22 108
-
total
11 057
-
37 787
-
Corporate
168 425
212 000
-
-
income
32 001
40 280
-
-
total
32 001
40 280
-
-
Dividends
136 425
171 720
-
-
withholding
20 464
25 758
-
-
total
20 464
25 758
-
-
Income
212 000
212 000
212 000
212 000
Total tax
73 928
66 038
92 752
82 915
After tax
138 072
145 962
119 248
129 085
Living cost
22 112
22 112
22 112
22 112
Free-cash
115 960
123 850
97 136
106 973

Estimated living cost  is ₽22112 per week

₽16444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽190323
₽160272
₽200552
₽192072
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%.

-
-
-
212 000
microenterprise

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

-
-
-
2 120
total
-
-
-
2 120
Employee
11 661
-
212 000
-
income
2 332
-
42 400
-
total
2 332
-
42 400
-
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%.

200 339
212 000
-
-
total
-
-
-
-
Dividends
200 339
212 000
-
-
withholding
10 017
10 600
-
-
total
10 017
10 600
-
-
Income
212 000
212 000
212 000
212 000
Total tax
12 349
10 600
42 400
2 120
After tax
199 651
201 400
169 600
209 880
Living cost
9 328
9 328
9 328
9 328
Free-cash
190 323
192 072
160 272
200 552

Estimated living cost  is ₽9328 per week

₽6313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽74148
₽66509
₽74901
₽68721
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
-
-
-
212 000
income
-
-
-
44 271
other
-
-
-
6 572
health
-
-
-
11 242
social contributions
-
-
-
6 040
pensions
-
-
-
30 848
surtax
-
-
-
-
total
-
-
-
98 973
Employee
49 440
-
160 201
-
pensions
5 592
-
12 746
-
income
4 314
-
38 259
-
social contributions
1 408
-
4 564
-
surtax
-
-
-
-
total
11 314
-
55 569
-
Employer
49 440
-
160 201
-
health
3 460
-
16 724
-
social contributions
148
-
481
-
pensions
8 124
-
21 170
-
unemployment
2 003
-
6 488
-
other
1 706
-
6 933
-
total
15 441
-
51 796
-
Corporate
147 119
212 000
-
-
income
41 193
59 361
-
-
surtax
-
-
-
-
total
41 193
59 361
-
-
Dividends
105 926
152 639
-
-
social contributions
18 220
26 254
-
-
surtax
-
-
-
-
withholding
13 558
19 538
-
-
total
31 778
45 792
-
-
Income
212 000
212 000
212 000
212 000
Total tax
99 726
105 153
107 365
98 973
After tax
112 274
106 847
104 635
113 027
Living cost
38 126
38 126
38 126
38 126
Free-cash
74 148
68 721
66 509
74 901

Estimated living cost  is ₽38126 per week

₽25803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽135692
₽126698
₽126699
₽139563
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.

-
-
-
212 000
pensions
-
-
-
15 119
unemployment
-
-
-
872
income
-
-
-
49 713
health
-
-
-
5 989
total
-
-
-
71 693
Employee

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

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

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

20 519
-
201 591
-
health
1 057
-
2 995
-
unemployment
154
-
436
-
pensions
2 873
-
8 141
-
income
2 828
-
49 713
-
total
6 912
-
61 285
-
Employer

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

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

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

20 519
-
201 591
-
health
1 057
-
2 995
-
pensions
2 462
-
6 978
-
unemployment
154
-
436
-
total
3 673
-
10 409
-
Corporate
187 808
212 000
-
-
income
28 171
31 800
-
-
total
28 171
31 800
-
-
Dividends
159 637
180 200
-
-
withholding
23 945
27 030
-
-
total
23 945
27 030
-
-
Income
212 000
212 000
212 000
212 000
Total tax
62 701
58 830
71 694
71 693
After tax
149 299
153 170
140 306
140 307
Living cost
13 608
13 608
13 608
13 608
Free-cash
135 692
139 563
126 698
126 699

Estimated living cost  is ₽13608 per week

₽9162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽66204
₽104846
₽110063
₽43219
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
-
-
-
212 000
pensions
-
-
-
19 505
city
-
-
-
2 237
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.

-
-
-
4 090
health
-
-
-
477
regional
-
-
-
13 606
national
-
-
-
8 300
total
-
-
-
48 215
Employee
62 868
-
192 112
-
health
142
-
432
-
unemployment
-
-
-
-
city
675
-
2 096
-
pensions
5 282
-
13 500
-
regional
2 059
-
12 421
-
national
298
-
7 208
-
total
8 456
-
35 657
-
Employer
62 868
-
192 112
-
health
142
-
432
-
pensions
5 282
-
13 500
-
unemployment
-
-
-
-
other

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

1 257
-
3 843
-
total
6 681
-
17 775
-
Corporate
141 760
212 000
-
-
regional
29 983
44 839
-
-
national
12 050
18 020
-
-
total
42 033
62 859
-
-
Dividends
99 727
149 142
-
-
withholding
34 904
52 200
-
-
total
34 904
52 200
-
-
Income
212 000
212 000
212 000
212 000
Total tax
92 074
115 059
53 432
48 215
After tax
119 926
96 941
158 568
163 785
Living cost
53 722
53 722
53 722
53 722
Free-cash
66 204
43 219
104 846
110 063

Estimated living cost  is ₽53722 per week

₽34935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₽100444
₽71549
₽95832
₽96685
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

-
-
-
212 000
municipal
-
-
-
37 631
health
-
-
-
2 936
national
-
-
-
45 295
total
-
-
-
85 862
Employee
41 530
-
178 345
-
health
310
-
2 418
-
unemployment
623
-
2 675
-
pensions
2 803
-
12 038
-
national
686
-
30 342
-
municipal
6 802
-
29 019
-
total
11 224
-
76 492
-
Employer
41 530
-
178 345
-
health
319
-
1 374
-
pensions
7 205
-
30 942
-
accident
42
-
178
-
unemployment
270
-
1 159
-
total
7 836
-
33 653
-
Corporate
162 634
212 000
-
-
income
32 527
42 400
-
-
total
32 527
42 400
-
-
Dividends

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

97 580
127 200
-
-
municipal
17 564
22 897
-
-
national
12 099
19 712
-
-
total
29 663
42 609
-
-
Income
212 000
212 000
212 000
212 000
Total tax
81 250
85 009
110 145
85 862
After tax
130 750
126 991
101 855
126 138
Living cost
30 306
30 306
30 306
30 306
Free-cash
100 444
96 685
71 549
95 832

Estimated living cost  is ₽30306 per week

₽19796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽77793
₽41785
₽63600
₽85636
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
-
-
-
212 000
communal

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

-
-
-
11 539
social contributions
-
-
-
19 680
national
-
-
-
88 399
total
-
-
-
119 618
Employee

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

56 464
-
164 202
-
health

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

2 653
-
7 718
-
communal

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

2 945
-
8 564
-
unemployment

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

491
-
1 429
-
pensions

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

4 235
-
12 315
-
national
17 359
-
63 609
-
total
27 683
-
93 635
-
Employer

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

56 464
-
164 202
-
health

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

3 472
-
10 098
-
pensions

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

5 003
-
14 548
-
surtax
6 402
-
18 620
-
accident

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

734
-
2 135
-
unemployment

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

824
-
2 397
-
total
16 435
-
47 798
-
Corporate
139 100
212 000
-
-
income
27 821
47 998
-
-
surtax
556
960
-
-
total
28 377
48 958
-
-
Dividends
110 724
163 041
-
-
withholding

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

32 930
48 624
-
-
total
32 930
48 624
-
-
Income
212 000
212 000
212 000
212 000
Total tax
105 425
97 582
141 433
119 618
After tax
106 575
114 418
70 567
92 382
Living cost
28 782
28 782
28 782
28 782
Free-cash
77 793
85 636
41 785
63 600

Estimated living cost  is ₽28782 per week

₽18539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽80816
₽70089
₽70917
₽81581
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
-
-
-
212 000
unemployment
-
-
-
75
municipal
-
-
-
56 749
other
-
-
-
8 702
health
-
-
-
4 673
national
-
-
-
28 467
accident
-
-
-
150
pensions
-
-
-
8 096
total
-
-
-
106 912
Employee
48 691
-
188 469
-
national
-
-
28 008
-
municipal
14 520
-
56 201
-
total
14 520
-
84 209
-
Employer
48 691
-
188 469
-
health
2 994
-
4 606
-
pensions
5 263
-
8 096
-
accident
97
-
150
-
unemployment
1 285
-
1 977
-
other
5 658
-
8 702
-
total
15 297
-
23 531
-
Corporate
148 010
212 000
-
-
income
32 562
46 640
-
-
total
32 562
46 640
-
-
Dividends
115 448
165 360
-
-
withholding
34 634
49 608
-
-
total
34 634
49 608
-
-
Income
212 000
212 000
212 000
212 000
Total tax
97 013
96 248
107 740
106 912
After tax
114 987
115 752
104 260
105 088
Living cost
34 171
34 171
34 171
34 171
Free-cash
80 816
81 581
70 089
70 917

Estimated living cost  is ₽34171 per week

₽22647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽49182
₽162472
₽108553
₽91025
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
-
-
-
212 000
income
-
-
-
41 323
social contributions
-
-
-
24 168
total
-
-
-
65 491
Employee
54 424
-
-
-
income
12 005
-
-
-
social contributions
4 463
-
636
-
total
16 468
-
636
-
Employer
54 424
-
-
-
social contributions
76 738
-
10 936
-
total
76 738
-
10 936
-
Corporate
80 838
212 000
-
-
income
17 784
46 640
-
-
total
17 784
46 640
-
-
Dividends
63 054
165 360
-
-
income
13 872
36 379
-
-
total
13 872
36 379
-
-
Income
212 000
212 000
212 000
212 000
Total tax
124 862
83 019
11 572
65 491
After tax
87 138
128 981
200 428
146 509
Living cost
37 956
37 956
37 956
37 956
Free-cash
49 182
91 025
162 472
108 553

Estimated living cost  is ₽37956 per week

₽24628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽125540
₽113980
₽115646
₽128816
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
-
-
-
212 000
income
-
-
-
52 573
health
-
-
-
5 406
social contributions
-
-
-
12 772
total
-
-
-
70 751
Employee
60 699
60 699
201 478
-
health
604
1 032
3 424
-
income
6 374
5 619
51 676
-
social contributions
2 950
5 038
6 795
-
total
9 928
11 689
61 895
-
Employer
60 699
60 699
201 478
-
health
658
1 123
3 727
-
social contributions
2 950
5 038
6 795
-
total
3 608
6 161
10 522
-
Corporate
172 862
145 140
-
-
income
21 608
18 142
-
-
total
21 608
18 142
-
-
Dividends
151 254
126 998
-
-
withholding
25 713
21 589
-
-
total
25 713
21 589
-
-
Income
212 000
212 000
212 000
212 000
Total tax
60 857
57 581
72 417
70 751
After tax
151 143
154 419
139 583
141 249
Living cost
25 603
25 603
25 603
25 603
Free-cash
125 540
128 816
113 980
115 646

Estimated living cost  is ₽25603 per week

₽17502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽106637
₽87768
₽106522
₽102148
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
-
-
-
212 000
income
-
-
-
68 918
pensions
-
-
-
8 391
total
-
-
-
77 309
Employee
38 666
-
184 467
-
health
504
-
2 370
-
pensions
2 951
-
9 747
-
income
7 041
-
56 413
-
total
10 496
-
68 530
-
Employer
38 666
-
184 467
-
health
735
-
3 506
-
pensions
3 907
-
24 027
-
total
4 642
-
27 533
-
Corporate
168 693
212 000
-
-
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.

32 052
40 279
-
-
total
32 052
40 279
-
-
Dividends
136 641
171 721
-
-
withholding
30 004
41 404
-
-
total
30 004
41 404
-
-
Income
212 000
212 000
212 000
212 000
Total tax
77 194
81 683
96 063
77 309
After tax
134 806
130 317
115 937
134 691
Living cost
28 169
28 169
28 169
28 169
Free-cash
106 637
102 148
87 768
106 522

Estimated living cost  is ₽28169 per week

₽19324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽76629
₽63587
₽70073
₽80220
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
-
-
-
212 000
municipal
-
-
-
1 552
regional
-
-
-
5 480
social contributions
-
-
-
39 508
national
-
-
-
63 940
total
-
-
-
110 480
Employee
66 517
-
212 000
-
social contributions
22 429
-
51 796
-
regional
1 004
-
5 071
-
national
11 241
-
58 656
-
municipal
397
-
1 443
-
total
35 071
-
116 966
-
Employer
66 517
-
212 000
-
total
-
-
-
-
Corporate
145 483
212 000
-
-
nationa
34 916
50 880
-
-
municipal
7 012
10 218
-
-
total
41 928
61 098
-
-
Dividends
103 554
150 902
-
-
withholding
26 925
39 235
-
-
total
26 925
39 235
-
-
Income
212 000
212 000
212 000
212 000
Total tax
103 924
100 333
116 966
110 480
After tax
108 076
111 667
95 034
101 520
Living cost
31 447
31 447
31 447
31 447
Free-cash
76 629
80 220
63 587
70 073

Estimated living cost  is ₽31447 per week

₽22089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽14589
₽101034
₽127811
₽338
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
-
-
-
212 000
pensions
-
-
-
3 184
income
-
-
-
62 025
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
67 355
Employee
26 480
-
195 515
-
health
3 032
-
22 386
-
pensions
2 982
-
5 838
-
income
3 633
-
49 423
-
total
9 647
-
77 647
-
Employer
26 480
-
195 515
-
pensions
4 306
-
8 430
-
accident
442
-
3 265
-
unemployment
649
-
4 790
-
total
5 397
-
16 485
-
Corporate
180 123
212 000
-
-
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.

162 111
190 800
-
-
total
162 111
190 800
-
-
Dividends
18 012
21 200
-
-
withholding
3 422
4 028
-
-
total
3 422
4 028
-
-
Income
212 000
212 000
212 000
212 000
Total tax
180 577
194 828
94 132
67 355
After tax
31 423
17 172
117 868
144 645
Living cost
16 834
16 834
16 834
16 834
Free-cash
14 589
338
101 034
127 811

Estimated living cost  is ₽16834 per week

₽12338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽88837
₽98461
₽73306
₽78508
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.

-
-
-
212 000
trade
-
-
-
25 156
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.

-
-
-
73 621
health

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

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

-
-
-
5 393
surtax

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

-
-
-
4 049
total
-
-
-
108 219
Employee

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

39 276
-
212 000
-
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.

5 393
-
5 393
-
income

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

3 230
-
73 621
-
surtax

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

178
-
4 049
-
total
8 801
-
83 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 724
212 000
-
-
income
25 909
31 801
-
-
trade
24 786
30 423
-
-
surtax

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

1 425
1 750
-
-
chamber of commerce
373
431
-
-
total
52 493
64 405
-
-
Dividends
120 232
147 596
-
-
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.

1 637
2 013
-
-
withholding
29 757
36 599
-
-
total
31 394
38 612
-
-
Income
212 000
212 000
212 000
212 000
Total tax
92 688
103 017
83 063
108 219
After tax
119 312
108 983
128 937
103 781
Living cost
30 476
30 476
30 476
30 476
Free-cash
88 837
78 508
98 461
73 306

Estimated living cost  is ₽30476 per week

₽21023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽146703
₽77561
₽63002
₽153178
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.

-
-
-
212 000
income
-
-
-
48 271
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 244
surtax
-
-
-
54 061
total
-
-
-
132 576
Employee
23 066
-
170 573
-
income
4 106
-
41 509
-
social contributions

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

2 538
-
10 348
-
surtax
-
-
24 733
-
total
6 644
-
76 590
-
Employer
23 066
-
170 573
-
social contributions

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

5 556
-
22 663
-
surtax
-
-
18 764
-
total
5 556
-
41 427
-
Corporate
183 378
212 000
-
-
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%.

36 675
42 400
-
-
total
36 675
42 400
-
-
Dividends

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

146 703
169 600
-
-
total
-
-
-
-
Income
212 000
212 000
212 000
212 000
Total tax
48 875
42 400
118 017
132 576
After tax
163 125
169 600
93 983
79 424
Living cost
16 422
16 422
16 422
16 422
Free-cash
146 703
153 178
77 561
63 002

Estimated living cost  is ₽16422 per week

₽10477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽373
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽120912
₽121598
₽122293
₽122518
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
-
-
-
212 000
income
-
-
-
67 644
health
-
-
-
5 167
pensions
-
-
-
7 126
total
-
-
-
79 937
Employee
14 880
-
203 983
-
health
744
-
1 782
-
unemployment
149
-
356
-
pensions
1 339
-
3 207
-
income
2 879
-
67 270
-
total
5 111
-
72 615
-
Employer
14 880
-
203 983
-
health
1 414
-
3 385
-
pensions
1 637
-
3 919
-
unemployment
298
-
713
-
total
3 349
-
8 017
-
Corporate
193 772
212 000
-
-
income
42 630
46 640
-
-
total
42 630
46 640
-
-
Dividends
151 142
165 360
-
-
withholding
30 228
33 072
-
-
total
30 228
33 072
-
-
Income
212 000
212 000
212 000
212 000
Total tax
81 318
79 712
80 632
79 937
After tax
130 682
132 288
131 368
132 063
Living cost
9 770
9 770
9 770
9 770
Free-cash
120 912
122 518
121 598
122 293

Estimated living cost  is ₽9770 per week

₽5806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽113107
₽76800
₽81628
₽115618
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
-
-
-
212 000
pensions
-
-
-
21 071
unemployment
-
-
-
180
income
-
-
-
71 386
other
-
-
-
-
health
-
-
-
7 479
surtax
-
-
-
12 526
total
-
-
-
112 642
Employee
26 583
-
189 824
-
health
679
-
2 686
-
unemployment
1 850
-
7 333
-
pensions
1 774
-
7 027
-
income
4 456
-
66 665
-
other
-
-
-
-
surtax
94
-
11 582
-
total
8 853
-
95 293
-
Employer
26 583
-
189 824
-
health
1 209
-
4 794
-
pensions
3 544
-
14 044
-
unemployment
843
-
3 339
-
other
-
-
-
-
total
5 596
-
22 177
-
Corporate
179 820
212 000
-
-
income
46 753
55 120
-
-
total
46 753
55 120
-
-
Dividends
133 067
156 880
-
-
withholding
19 961
23 532
-
-
total
19 961
23 532
-
-
Income
212 000
212 000
212 000
212 000
Total tax
81 163
78 652
117 470
112 642
After tax
130 837
133 348
94 530
99 358
Living cost
17 730
17 730
17 730
17 730
Free-cash
113 107
115 618
76 800
81 628

Estimated living cost  is ₽17730 per week

₽10705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1541
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽91111
₽29521
₽83016
₽91503
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
-
-
-
212 000
pensions
-
-
-
17 061