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
₽ 215000
per

Your estimated
City
free-cash

Valencia , Spain
₽117511
₽95096
₽98366
₽120952
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
-
-
-
215 000
unemployment
-
-
-
506
income
-
-
-
73 551
other
-
-
-
72
accident
-
-
-
650
pensions
-
-
-
20 433
total
-
-
-
95 212
Employee
28 805
-
191 981
-
unemployment
446
-
1 119
-
pensions
1 354
-
3 394
-
income
5 553
-
70 877
-
other
28
-
72
-
total
7 381
-
75 462
-
Employer
28 805
-
191 981
-
pensions
6 797
-
17 041
-
accident
571
-
1 430
-
unemployment
1 585
-
3 971
-
other
231
-
578
-
total
9 184
-
23 020
-
Corporate
177 012
215 000
-
-
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.

26 552
32 249
-
-
total
26 552
32 249
-
-
Dividends
150 460
182 751
-
-
withholding
32 950
40 377
-
-
total
32 950
40 377
-
-
Income
215 000
215 000
215 000
215 000
Total tax
76 067
72 626
98 482
95 212
After tax
138 933
142 374
116 518
119 788
Living cost
21 422
21 422
21 422
21 422
Free-cash
117 511
120 952
95 096
98 366

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
₽131944
₽112653
₽114337
₽137202
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
-
-
-
215 000
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
-
-
-
40 636
other
-
-
-
5 626
health
-
-
-
5 213
total
-
-
-
79 906
Employee
28 285
-
184 619
-
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
-
40 074
-
total
7 527
-
51 209
-
Employer
28 285
-
184 619
-
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
-
1 477
-
unemployment
282
-
1 184
-
other
1 415
-
5 922
-
total
7 128
-
30 381
-
Corporate
179 587
215 000
-
-
income
37 713
45 151
-
-
total
37 713
45 151
-
-
Dividends
141 873
169 849
-
-
withholding
9 931
11 890
-
-
total
9 931
11 890
-
-
Income
215 000
215 000
215 000
215 000
Total tax
62 299
57 041
81 590
79 906
After tax
152 701
157 959
133 410
135 094
Living cost
20 757
20 757
20 757
20 757
Free-cash
131 944
137 202
112 653
114 337

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
₽170008
₽174563
₽165290
₽173623
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
-
-
-
215 000
pensions

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

-
-
-
4 023
unemployment
-
-
-
109
income
-
-
-
32 250
health
-
-
-
3 126
total
-
-
-
39 508
Employee
13 509
-
209 667
-
health
621
-
1 250
-
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.

1 186
-
2 387
-
income
1 351
-
20 967
-
total
3 307
-
24 903
-
Employer
13 509
-
209 667
-
health
932
-
1 875
-
pensions

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

1 489
-
2 995
-
accident

We are using the highest rate at 1.1%.

149
-
299
-
unemployment
81
-
163
-
total
2 651
-
5 332
-
Corporate
198 840
215 000
-
-
income
19 884
21 500
-
-
total
19 884
21 500
-
-
Dividends
178 956
193 500
-
-
withholding
8 948
9 675
-
-
total
8 948
9 675
-
-
Income
215 000
215 000
215 000
215 000
Total tax
34 790
31 175
30 235
39 508
After tax
180 210
183 825
184 765
175 492
Living cost
10 202
10 202
10 202
10 202
Free-cash
170 008
173 623
174 563
165 290

Estimated living cost  is ₽10202 per week

₽5956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽270
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.
₽3247
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
₽86309
₽78733
₽87553
₽81707
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
-
-
-
215 000
income
-
-
-
45 561
other
-
-
-
6 666
health
-
-
-
11 519
social contributions
-
-
-
6 125
pensions
-
-
-
30 924
surtax
-
-
-
-
total
-
-
-
100 795
Employee
33 340
-
162 258
-
pensions
3 770
-
13 000
-
income
1 968
-
39 250
-
social contributions
951
-
4 623
-
surtax
-
-
-
-
total
6 689
-
56 873
-
Employer
33 340
-
162 258
-
health
2 334
-
17 046
-
social contributions
101
-
486
-
pensions
5 477
-
21 578
-
unemployment
1 350
-
6 571
-
other
1 150
-
7 061
-
total
10 412
-
52 742
-
Corporate
171 248
215 000
-
-
income
47 949
60 200
-
-
surtax
-
-
-
-
total
47 949
60 200
-
-
Dividends
123 299
154 800
-
-
social contributions
21 206
26 627
-
-
surtax
-
-
-
-
withholding
15 783
19 814
-
-
total
36 989
46 441
-
-
Income
215 000
215 000
215 000
215 000
Total tax
102 039
106 641
109 615
100 795
After tax
112 961
108 359
105 385
114 205
Living cost
26 652
26 652
26 652
26 652
Free-cash
86 309
81 707
78 733
87 553

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
₽70198
₽104798
₽80651
₽74971
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
-
-
-
215 000
pensions
-
-
-
9 127
income
-
-
-
82 982
health
-
-
-
9 606
total
-
-
-
101 715
Employee
66 524
66 524
200 523
-
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
44 358
-
total
33 074
28 701
63 091
-
Employer
66 524
66 524
200 523
-
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
137 643
136 827
-
-
income
27 529
27 365
-
-
total
27 529
27 365
-
-
Dividends
110 114
109 462
-
-
income
23 399
23 260
-
-
withholding
16 517
16 420
-
-
total
39 916
39 680
-
-
Income
215 000
215 000
215 000
215 000
Total tax
112 168
107 395
77 568
101 715
After tax
102 832
107 605
137 432
113 285
Living cost
32 634
32 634
32 634
32 634
Free-cash
70 198
74 971
104 798
80 651

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
₽93330
₽106869
₽78712
₽84717
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.

-
-
-
215 000
trade
-
-
-
28 157
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.

-
-
-
75 084
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.

-
-
-
4 129
total
-
-
-
112 692
Employee

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

29 796
-
215 000
-
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
-
75 084
-
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
-
4 129
-
total
6 200
-
84 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 204
215 000
-
-
income
27 781
32 249
-
-
trade
29 170
33 862
-
-
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.

1 529
1 774
-
-
chamber of commerce
384
427
-
-
total
58 864
68 312
-
-
Dividends
126 341
146 687
-
-
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.

1 721
2 000
-
-
withholding
31 289
36 375
-
-
total
33 010
38 375
-
-
Income
215 000
215 000
215 000
215 000
Total tax
98 074
106 687
84 535
112 692
After tax
116 926
108 313
130 465
102 308
Living cost
23 596
23 596
23 596
23 596
Free-cash
93 330
84 717
106 869
78 712

Estimated living cost  is ₽23596 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
₽134316
₽123342
₽125022
₽138554
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
-
-
-
215 000
income
-
-
-
53 855
health
-
-
-
5 483
social contributions
-
-
-
12 604
total
-
-
-
71 942
Employee
59 902
59 902
204 511
-
health
464
1 019
3 477
-
income
6 522
5 545
52 950
-
social contributions
2 265
4 972
6 706
-
total
9 251
11 536
63 133
-
Employer
59 902
59 902
204 511
-
health
504
1 109
3 783
-
social contributions
2 265
4 972
6 706
-
total
2 769
6 081
10 489
-
Corporate
184 944
149 018
-
-
income
23 118
18 627
-
-
total
23 118
18 627
-
-
Dividends
161 826
130 391
-
-
withholding
27 510
22 166
-
-
total
27 510
22 166
-
-
Income
215 000
215 000
215 000
215 000
Total tax
62 648
58 410
73 622
71 942
After tax
152 352
156 590
141 378
143 058
Living cost
18 036
18 036
18 036
18 036
Free-cash
134 316
138 554
123 342
125 022

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
₽97074
₽67443
₽85716
₽97857
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.

-
-
-
215 000
income
-
-
-
30 136
social contributions

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

-
-
-
74 713
surtax
-
-
-
-
total
-
-
-
104 849
Employee
35 828
-
173 737
-
income
7 452
-
61 838
-
social contributions
3 941
-
19 112
-
surtax
-
-
909
-
total
11 393
-
81 859
-
Employer
35 828
-
173 737
-
social contributions
8 509
-
41 263
-
total
8 509
-
41 263
-
Corporate
170 662
215 000
-
-
income
35 839
45 151
-
-
surtax
-
-
-
-
total
35 839
45 151
-
-
Dividends
134 824
169 849
-
-
withholding
37 750
47 557
-
-
total
37 750
47 557
-
-
Income
215 000
215 000
215 000
215 000
Total tax
93 491
92 708
123 122
104 849
After tax
121 509
122 292
91 878
110 151
Living cost
24 435
24 435
24 435
24 435
Free-cash
97 074
97 857
67 443
85 716

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
₽197517
₽166330
₽207047
₽198580
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%.

-
-
-
215 000
microenterprise

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

-
-
-
2 283
total
-
-
-
2 283
Employee
7 087
-
215 000
-
income
1 417
-
43 000
-
total
1 417
-
43 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

207 913
215 000
-
-
total
-
-
-
-
Dividends
207 913
215 000
-
-
withholding
10 396
10 750
-
-
total
10 396
10 750
-
-
Income
215 000
215 000
215 000
215 000
Total tax
11 813
10 750
43 000
2 283
After tax
203 187
204 250
172 000
212 717
Living cost
5 670
5 670
5 670
5 670
Free-cash
197 517
198 580
166 330
207 047

Estimated living cost  is ₽5670 per week

₽3514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽156
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.
₽1529
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
₽120617
₽70058
₽74728
₽127133
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.

-
-
-
215 000
pensions
-
-
-
39 264
unemployment
-
-
-
322
income
-
-
-
58 635
health
-
-
-
21 156
total
-
-
-
119 377
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
-
186 034
-
health
2 225
-
12 019
-
unemployment
49
-
260
-
pensions
5 340
-
28 835
-
income
5 940
-
53 967
-
total
13 554
-
95 081
-
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
-
186 034
-
health
2 294
-
12 390
-
pensions
3 048
-
16 464
-
unemployment
21
-
112
-
total
5 363
-
28 966
-
Corporate
175 189
215 000
-
-
income
33 286
40 850
-
-
total
33 286
40 850
-
-
Dividends
141 903
174 150
-
-
withholding
21 285
26 122
-
-
total
21 285
26 122
-
-
Income
215 000
215 000
215 000
215 000
Total tax
73 488
66 972
124 047
119 377
After tax
141 512
148 028
90 953
95 623
Living cost
20 895
20 895
20 895
20 895
Free-cash
120 617
127 133
70 058
74 728

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
₽110079
₽119845
₽149504
₽107355
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.

-
-
-
215 000
income
-
-
-
32 249
health

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

-
-
-
4 969
total
-
-
-
37 218
Employee
35 736
-
211 417
-
social contributions
3 580
-
3 583
-
income
3 878
-
59 711
-
total
7 458
-
63 294
-
Employer
35 736
-
211 417
-
social contributions
3 580
-
3 583
-
total
3 580
-
3 583
-
Corporate
175 683
215 000
-
-
income
61 489
75 251
-
-
total
61 489
75 251
-
-
Dividends
114 194
139 749
-
-
social contributions
4 116
4 116
-
-
total
4 116
4 116
-
-
Income
215 000
215 000
215 000
215 000
Total tax
76 643
79 367
66 877
37 218
After tax
138 357
135 633
148 123
177 782
Living cost
28 278
28 278
28 278
28 278
Free-cash
110 079
107 355
119 845
149 504

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
₽115056
₽62229
₽121556
₽114649
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
-
-
-
215 000
income
-
-
-
32 249
health
-
-
-
15 006
social contributions
-
-
-
29 670
total
-
-
-
76 925
Employee
26 413
-
215 000
-
health
1 843
-
15 006
-
income
4 405
-
91 576
-
social contributions
3 646
-
29 670
-
total
9 894
-
136 252
-
Employer
26 413
-
215 000
-
total
-
-
-
-
Corporate
188 587
215 000
-
-
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%.

9 429
10 750
-
-
total
9 429
10 750
-
-
Dividends
179 158
204 250
-
-
social contributions
24 723
28 187
-
-
withholding
26 874
30 638
-
-
health
12 505
14 257
-
-
total
64 102
73 082
-
-
Income
215 000
215 000
215 000
215 000
Total tax
83 425
83 832
136 252
76 925
After tax
131 575
131 168
78 748
138 075
Living cost
16 519
16 519
16 519
16 519
Free-cash
115 056
114 649
62 229
121 556

Estimated living cost  is ₽16519 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
₽118390
₽99407
₽109434
₽126183
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
-
-
-
215 000
income
-
-
-
24 070
health
-
-
-
29 025
social contributions
-
-
-
25 509
solidarity contribution
-
-
-
5 117
total
-
-
-
83 721
Employee
32 125
-
177 211
-
health
4 337
-
23 923
-
solidarity contribution
-
-
4 217
-
income
3 855
-
22 141
-
social contributions
2 088
-
5 678
-
total
10 280
-
55 959
-
Employer
32 125
-
177 211
-
health
2 891
-
15 949
-
social contributions
8 031
-
21 840
-
total
10 922
-
37 789
-
Corporate
171 953
215 000
-
-
income
32 671
40 850
-
-
total
32 671
40 850
-
-
Dividends
139 282
174 150
-
-
withholding
20 892
26 122
-
-
total
20 892
26 122
-
-
Income
215 000
215 000
215 000
215 000
Total tax
74 765
66 972
93 748
83 721
After tax
140 235
148 028
121 252
131 279
Living cost
21 845
21 845
21 845
21 845
Free-cash
118 390
126 183
99 407
109 434

Estimated living cost  is ₽21845 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽378
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
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
₽193758
₽163165
₽203882
₽195415
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%.

-
-
-
215 000
microenterprise

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

-
-
-
2 283
total
-
-
-
2 283
Employee
11 044
-
215 000
-
income
2 209
-
43 000
-
total
2 209
-
43 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

203 956
215 000
-
-
total
-
-
-
-
Dividends
203 956
215 000
-
-
withholding
10 198
10 750
-
-
total
10 198
10 750
-
-
Income
215 000
215 000
215 000
215 000
Total tax
12 407
10 750
43 000
2 283
After tax
202 593
204 250
172 000
212 717
Living cost
8 835
8 835
8 835
8 835
Free-cash
193 758
195 415
163 165
203 882

Estimated living cost  is ₽8835 per week

₽5979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽296
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.
₽2189
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
₽76086
₽67760
₽76580
₽70734
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
-
-
-
215 000
income
-
-
-
45 561
other
-
-
-
6 666
health
-
-
-
11 519
social contributions
-
-
-
6 125
pensions
-
-
-
30 924
surtax
-
-
-
-
total
-
-
-
100 795
Employee
48 791
-
162 258
-
pensions
5 519
-
13 000
-
income
4 257
-
39 250
-
social contributions
1 390
-
4 623
-
surtax
-
-
-
-
total
11 166
-
56 873
-
Employer
48 791
-
162 258
-
health
3 415
-
17 046
-
social contributions
146
-
486
-
pensions
8 017
-
21 578
-
unemployment
1 977
-
6 571
-
other
1 684
-
7 061
-
total
15 239
-
52 742
-
Corporate
150 971
215 000
-
-
income
42 272
60 200
-
-
surtax
-
-
-
-
total
42 272
60 200
-
-
Dividends
108 698
154 800
-
-
social contributions
18 698
26 627
-
-
surtax
-
-
-
-
withholding
13 914
19 814
-
-
total
32 612
46 441
-
-
Income
215 000
215 000
215 000
215 000
Total tax
101 289
106 641
109 615
100 795
After tax
113 711
108 359
105 385
114 205
Living cost
37 625
37 625
37 625
37 625
Free-cash
76 086
70 734
67 760
76 580

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
₽138091
₽129380
₽129380
₽141911
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.

-
-
-
215 000
pensions
-
-
-
14 917
unemployment
-
-
-
861
income
-
-
-
50 507
health
-
-
-
5 909
total
-
-
-
72 194
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.

20 245
-
204 730
-
health
1 043
-
2 955
-
unemployment
152
-
430
-
pensions
2 834
-
8 032
-
income
2 791
-
50 507
-
total
6 820
-
61 924
-
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.

20 245
-
204 730
-
health
1 043
-
2 955
-
pensions
2 429
-
6 885
-
unemployment
152
-
430
-
total
3 624
-
10 270
-
Corporate
191 131
215 000
-
-
income
28 670
32 250
-
-
total
28 670
32 250
-
-
Dividends
162 461
182 750
-
-
withholding
24 369
27 413
-
-
total
24 369
27 413
-
-
Income
215 000
215 000
215 000
215 000
Total tax
63 483
59 663
72 194
72 194
After tax
151 517
155 337
142 806
142 806
Living cost
13 426
13 426
13 426
13 426
Free-cash
138 091
141 911
129 380
129 380

Estimated living cost  is ₽13426 per week

₽9040
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.
₽2959
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
₽67704
₽107182
₽112326
₽44814
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
-
-
-
215 000
pensions
-
-
-
19 779
city
-
-
-
2 269
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.

-
-
-
4 073
health
-
-
-
484
regional
-
-
-
13 916
national
-
-
-
8 652
total
-
-
-
49 173
Employee
62 610
-
194 901
-
health
142
-
438
-
unemployment
-
-
-
-
city
672
-
2 127
-
pensions
5 260
-
13 619
-
regional
2 050
-
12 705
-
national
296
-
7 473
-
total
8 420
-
36 362
-
Employer
62 610
-
194 901
-
health
142
-
438
-
pensions
5 260
-
13 619
-
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
-
3 898
-
total
6 654
-
17 955
-
Corporate
145 048
215 000
-
-
regional
30 677
45 472
-
-
national
12 329
18 274
-
-
total
43 006
63 746
-
-
Dividends
102 042
151 253
-
-
withholding
35 715
52 939
-
-
total
35 715
52 939
-
-
Income
215 000
215 000
215 000
215 000
Total tax
93 795
116 685
54 317
49 173
After tax
121 205
98 315
160 683
165 827
Living cost
53 501
53 501
53 501
53 501
Free-cash
67 704
44 814
107 182
112 326

Estimated living cost  is ₽53501 per week

₽34791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4801
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.
₽13252
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
₽102389
₽72837
₽97463
₽98333
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

-
-
-
215 000
municipal
-
-
-
38 163
health
-
-
-
2 986
national
-
-
-
46 480
total
-
-
-
87 629
Employee
40 985
-
180 870
-
health
306
-
2 460
-
unemployment
615
-
2 713
-
pensions
2 766
-
12 209
-
national
677
-
31 316
-
municipal
6 713
-
29 427
-
total
11 077
-
78 125
-
Employer
40 985
-
180 870
-
health
315
-
1 393
-
pensions
7 111
-
31 382
-
accident
41
-
180
-
unemployment
266
-
1 175
-
total
7 733
-
34 130
-
Corporate
166 282
215 000
-
-
income
33 256
43 000
-
-
total
33 256
43 000
-
-
Dividends

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

99 769
129 000
-
-
municipal
17 959
23 220
-
-
national
12 678
20 539
-
-
total
30 637
43 759
-
-
Income
215 000
215 000
215 000
215 000
Total tax
82 703
86 759
112 255
87 629
After tax
132 297
128 241
102 745
127 371
Living cost
29 908
29 908
29 908
29 908
Free-cash
102 389
98 333
72 837
97 463

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.
₽7021
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
₽79995
₽42950
₽65309
₽87360
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
-
-
-
215 000
communal

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

-
-
-
11 735
social contributions
-
-
-
19 422
national
-
-
-
90 130
total
-
-
-
121 287
Employee

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

55 723
-
166 525
-
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
-
7 826
-
communal

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

2 906
-
8 685
-
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
-
1 449
-
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
-
12 489
-
national
17 131
-
64 721
-
total
27 319
-
95 170
-
Employer

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

55 723
-
166 525
-
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
-
10 242
-
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
-
14 754
-
surtax
6 318
-
18 884
-
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
-
2 164
-
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
-
2 432
-
total
16 220
-
48 476
-
Corporate
143 057
215 000
-
-
income
28 611
49 045
-
-
surtax
572
982
-
-
total
29 183
50 027
-
-
Dividends
113 874
164 974
-
-
withholding

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

33 879
49 209
-
-
total
33 879
49 209
-
-
Income
215 000
215 000
215 000
215 000
Total tax
106 601
99 236
143 646
121 287
After tax
108 399
115 764
71 354
93 713
Living cost
28 404
28 404
28 404
28 404
Free-cash
79 995
87 360
42 950
65 309

Estimated living cost  is ₽28404 per week

₽18296
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
₽83038
₽71876
₽72690
₽83793
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
-
-
-
215 000
unemployment
-
-
-
74
municipal
-
-
-
57 752
other
-
-
-
8 556
health
-
-
-
4 595
national
-
-
-
29 629
accident
-
-
-
147
pensions
-
-
-
7 960
total
-
-
-
108 713
Employee
47 873
-
191 864
-
national
-
-
29 178
-
municipal
14 276
-
57 214
-
total
14 276
-
86 392
-
Employer
47 873
-
191 864
-
health
2 944
-
4 528
-
pensions
5 175
-
7 960
-
accident
96
-
147
-
unemployment
1 264
-
1 944
-
other
5 563
-
8 556
-
total
15 042
-
23 135
-
Corporate
152 085
215 000
-
-
income
33 459
47 300
-
-
total
33 459
47 300
-
-
Dividends
118 627
167 700
-
-
withholding
35 588
50 310
-
-
total
35 588
50 310
-
-
Income
215 000
215 000
215 000
215 000
Total tax
98 365
97 610
109 527
108 713
After tax
116 635
117 390
105 473
106 287
Living cost
33 597
33 597
33 597
33 597
Free-cash
83 038
83 793
71 876
72 690

Estimated living cost  is ₽33597 per week

₽22267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽7523
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
₽52885
₽166637
₽111519
₽93743
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
-
-
-
215 000
income
-
-
-
41 908
social contributions
-
-
-
24 510
total
-
-
-
66 418
Employee
53 143
-
-
-
income
11 722
-
-
-
social contributions
4 358
-
621
-
total
16 080
-
621
-
Employer
53 143
-
-
-
social contributions
74 932
-
10 679
-
total
74 932
-
10 679
-
Corporate
86 925
215 000
-
-
income
19 124
47 300
-
-
total
19 124
47 300
-
-
Dividends
67 802
167 700
-
-
income
14 916
36 894
-
-
total
14 916
36 894
-
-
Income
215 000
215 000
215 000
215 000
Total tax
125 052
84 194
11 300
66 418
After tax
89 948
130 806
203 700
148 582
Living cost
37 063
37 063
37 063
37 063
Free-cash
52 885
93 743
166 637
111 519

Estimated living cost  is ₽37063 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
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.
₽9057
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
₽128092
₽116111
₽117791
₽131323
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
-
-
-
215 000
income
-
-
-
53 855
health
-
-
-
5 483
social contributions
-
-
-
12 604
total
-
-
-
71 942
Employee
59 902
59 902
204 511
-
health
596
1 019
3 477
-
income
6 290
5 545
52 950
-
social contributions
2 911
4 972
6 706
-
total
9 797
11 536
63 133
-
Employer
59 902
59 902
204 511
-
health
649
1 109
3 783
-
social contributions
2 911
4 972
6 706
-
total
3 560
6 081
10 489
-
Corporate
176 376
149 018
-
-
income
22 048
18 627
-
-
total
22 048
18 627
-
-
Dividends
154 329
130 391
-
-
withholding
26 236
22 166
-
-
total
26 236
22 166
-
-
Income
215 000
215 000
215 000
215 000
Total tax
61 641
58 410
73 622
71 942
After tax
153 359
156 590
141 378
143 058
Living cost
25 267
25 267
25 267
25 267
Free-cash
128 092
131 323
116 111
117 791

Estimated living cost  is ₽25267 per week

₽17273
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
₽108341
₽89406
₽108408
₽103881
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
-
-
-
215 000
income
-
-
-
70 190
pensions
-
-
-
8 424
total
-
-
-
78 614
Employee
38 403
-
187 052
-
health
501
-
2 392
-
pensions
2 931
-
9 759
-
income
6 994
-
57 519
-
total
10 426
-
69 670
-
Employer
38 403
-
187 052
-
health
730
-
3 553
-
pensions
3 880
-
24 393
-
total
4 610
-
27 946
-
Corporate
171 987
215 000
-
-
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.

32 677
40 850
-
-
total
32 677
40 850
-
-
Dividends
139 310
174 150
-
-
withholding
30 968
42 291
-
-
total
30 968
42 291
-
-
Income
215 000
215 000
215 000
215 000
Total tax
78 681
83 141
97 616
78 614
After tax
136 319
131 859
117 384
136 386
Living cost
27 978
27 978
27 978
27 978
Free-cash
108 341
103 881
89 406
108 408

Estimated living cost  is ₽27978 per week

₽19193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽5861
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
₽78669
₽65805
₽72203
₽82213
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
-
-
-
215 000
municipal
-
-
-
1 585
regional
-
-
-
5 601
social contributions
-
-
-
38 989
national
-
-
-
65 588
total
-
-
-
111 763
Employee
65 644
-
215 000
-
social contributions
22 135
-
51 116
-
regional
991
-
5 197
-
national
11 093
-
60 373
-
municipal
392
-
1 475
-
total
34 611
-
118 161
-
Employer
65 644
-
215 000
-
total
-
-
-
-
Corporate
149 356
215 000
-
-
nationa
35 845
51 601
-
-
municipal
7 199
10 363
-
-
total
43 044
61 964
-
-
Dividends
106 312
153 036
-
-
withholding
27 642
39 789
-
-
total
27 642
39 789
-
-
Income
215 000
215 000
215 000
215 000
Total tax
105 297
101 753
118 161
111 763
After tax
109 703
113 247
96 839
103 237
Living cost
31 034
31 034
31 034
31 034
Free-cash
78 669
82 213
65 805
72 203

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
₽14835
₽102785
₽129866
₽594
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
-
-
-
215 000
pensions
-
-
-
3 181
income
-
-
-
62 989
other
-
-
-
283
health
-
-
-
1 667
accident
-
-
-
193
total
-
-
-
68 313
Employee
26 460
-
198 402
-
health
3 030
-
22 717
-
pensions
2 979
-
5 833
-
income
3 630
-
50 246
-
total
9 639
-
78 796
-
Employer
26 460
-
198 402
-
pensions
4 303
-
8 424
-
accident
442
-
3 313
-
unemployment
648
-
4 861
-
total
5 393
-
16 598
-
Corporate
183 147
215 000
-
-
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.

164 832
193 500
-
-
total
164 832
193 500
-
-
Dividends
18 315
21 500
-
-
withholding
3 480
4 085
-
-
total
3 480
4 085
-
-
Income
215 000
215 000
215 000
215 000
Total tax
183 344
197 585
95 394
68 313
After tax
31 656
17 415
119 606
146 687
Living cost
16 821
16 821
16 821
16 821
Free-cash
14 835
594
102 785
129 866

Estimated living cost  is ₽16821 per week

₽12328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
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.
₽3210
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
₽90637
₽100390
₽74735
₽80449
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.

-
-
-
215 000
trade
-
-
-
25 655
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.

-
-
-
75 084
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.

-
-
-
4 129
total
-
-
-
110 190
Employee

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

38 761
-
215 000
-
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
-
75 084
-
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
-
4 129
-
total
8 685
-
84 535
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 239
215 000
-
-
income
26 435
32 249
-
-
trade
25 291
30 852
-
-
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.

1 455
1 774
-
-
chamber of commerce
377
433
-
-
total
53 558
65 308
-
-
Dividends
122 682
149 691
-
-
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.

1 670
2 042
-
-
withholding
30 375
37 126
-
-
total
32 045
39 168
-
-
Income
215 000
215 000
215 000
215 000
Total tax
94 288
104 476
84 535
110 190
After tax
120 712
110 524
130 465
104 810
Living cost
30 075
30 075
30 075
30 075
Free-cash
90 637
80 449
100 390
74 735

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
₽149403
₽79363
₽64669
₽155793
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.

-
-
-
215 000
income
-
-
-
49 452
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
-
-
-
54 825
total
-
-
-
134 124
Employee
22 763
-
173 545
-
income
4 052
-
42 600
-
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
-
-
25 164
-
total
6 556
-
77 976
-
Employer
22 763
-
173 545
-
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
-
-
19 089
-
total
5 483
-
41 454
-
Corporate
186 754
215 000
-
-
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%.

37 351
43 000
-
-
total
37 351
43 000
-
-
Dividends

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

149 403
172 000
-
-
total
-
-
-
-
Income
215 000
215 000
215 000
215 000
Total tax
49 390
43 000
119 430
134 124
After tax
165 610
172 000
95 570
80 876
Living cost
16 207
16 207
16 207
16 207
Free-cash
149 403
155 793
79 363
64 669

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
₽122704
₽123434
₽124134
₽124321
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
-
-
-
215 000
income
-
-
-
68 648
health
-
-
-
5 203
pensions
-
-
-
7 176
total
-
-
-
81 027
Employee
14 985
-
206 927
-
health
749
-
1 794
-
unemployment
150
-
359
-
pensions
1 349
-
3 229
-
income
2 899
-
68 271
-
total
5 147
-
73 653
-
Employer
14 985
-
206 927
-
health
1 424
-
3 409
-
pensions
1 648
-
3 947
-
unemployment
300
-
718
-
total
3 372
-
8 074
-
Corporate
196 643
215 000
-
-
income
43 262
47 300
-
-
total
43 262
47 300
-
-
Dividends
153 382
167 700
-
-
withholding
30 676
33 540
-
-
total
30 676
33 540
-
-
Income
215 000
215 000
215 000
215 000
Total tax
82 457
80 840
81 727
81 027
After tax
132 543
134 160
133 273
133 973
Living cost
9 839
9 839
9 839
9 839
Free-cash
122 704
124 321
123 434
124 134

Estimated living cost  is ₽9839 per week

₽5847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽225
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2969
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
₽115260
₽78452
₽83217
₽117739
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
-
-
-
215 000
pensions
-
-
-
20 794
unemployment
-
-
-
177
income
-
-
-
73 052
other
-
-
-
-
health
-
-
-
7 381
surtax
-
-
-
12 882
total
-
-
-
114 286
Employee
26 234
-
193 115
-
health
670
-
2 651
-
unemployment
1 826
-
7 236
-
pensions
1 750
-
6 935
-
income
4 398
-
68 393
-
other
-
-
-
-
surtax
93
-
11 951
-
total
8 737
-
97 166
-
Employer
26 234
-
193 115
-
health
1 193
-
4 731
-
pensions
3 498
-
13 859
-
unemployment
832
-
3 295
-
other
-
-
-
-
total
5 523
-
21 885
-
Corporate
183 243
215 000
-
-
income
47 643
55 900
-
-
total
47 643
55 900
-
-
Dividends
135 600
159 100
-
-
withholding
20 340
23 864
-
-
total
20 340
23 864
-
-
Income
215 000
215 000
215 000
215 000
Total tax
82 243
79 764
119 051
114 286
After tax
132 757
135 236
95 949
100 714
Living cost
17 497
17 497
17 497
17 497
Free-cash
115 260
117 739
78 452
83 217

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
₽93060
₽30483
₽84795
₽93448
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
-
-
-
215 000
pensions
-
-
-
16 837