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
₽ 218000
per

Your estimated
City
free-cash

Valencia , Spain
₽119266
₽96538
₽99836
₽122736
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
-
-
-
218 000
unemployment
-
-
-
510
income
-
-
-
74 692
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
96 549
Employee
29 064
-
194 773
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
71 994
-
other
28
-
73
-
total
7 447
-
76 621
-
Employer
29 064
-
194 773
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
179 669
218 000
-
-
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.

26 950
32 700
-
-
total
26 950
32 700
-
-
Dividends
152 720
185 300
-
-
withholding
33 455
40 949
-
-
total
33 455
40 949
-
-
Income
218 000
218 000
218 000
218 000
Total tax
77 119
73 649
99 847
96 549
After tax
140 881
144 351
118 153
121 451
Living cost
21 615
21 615
21 615
21 615
Free-cash
119 266
122 736
96 538
99 836

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
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.
₽4569
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
₽133911
₽114454
₽116163
₽139219
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
-
-
-
218 000
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.

-
-
-
28 687
income
-
-
-
41 268
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
80 892
Employee
28 540
-
187 336
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
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.

1 997
-
8 367
-
income
4 914
-
40 700
-
total
7 596
-
51 936
-
Employer
28 540
-
187 336
-
health
400
-
1 674
-
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.

4 852
-
20 321
-
accident
228
-
1 499
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 665
-
Corporate
182 267
218 000
-
-
income
38 276
45 780
-
-
total
38 276
45 780
-
-
Dividends
143 991
172 220
-
-
withholding
10 079
12 056
-
-
total
10 079
12 056
-
-
Income
218 000
218 000
218 000
218 000
Total tax
63 144
57 836
82 601
80 892
After tax
154 856
160 164
135 399
137 108
Living cost
20 945
20 945
20 945
20 945
Free-cash
133 911
139 219
114 454
116 163

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
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.
₽4394
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
₽172438
₽177078
₽167670
₽176088
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
-
-
-
218 000
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
32 700
health
-
-
-
3 156
total
-
-
-
40 028
Employee
13 641
-
212 615
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
21 261
-
total
3 339
-
25 235
-
Employer
13 641
-
212 615
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
201 683
218 000
-
-
income
20 168
21 800
-
-
total
20 168
21 800
-
-
Dividends
181 515
196 200
-
-
withholding
9 076
9 810
-
-
total
9 076
9 810
-
-
Income
218 000
218 000
218 000
218 000
Total tax
35 260
31 610
30 620
40 028
After tax
182 740
186 390
187 380
177 972
Living cost
10 302
10 302
10 302
10 302
Free-cash
172 438
176 088
177 078
167 670

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
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.
₽3279
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
₽87621
₽79830
₽88831
₽82979
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
-
-
-
218 000
income
-
-
-
46 314
other
-
-
-
6 759
health
-
-
-
11 701
social contributions
-
-
-
6 211
pensions
-
-
-
31 291
surtax
-
-
-
-
total
-
-
-
102 276
Employee
33 641
-
164 484
-
pensions
3 804
-
13 194
-
income
1 985
-
39 879
-
social contributions
959
-
4 687
-
surtax
-
-
-
-
total
6 748
-
57 760
-
Employer
33 641
-
164 484
-
health
2 355
-
17 298
-
social contributions
101
-
494
-
pensions
5 527
-
21 898
-
unemployment
1 362
-
6 662
-
other
1 161
-
7 165
-
total
10 506
-
53 517
-
Corporate
173 853
218 000
-
-
income
48 679
61 040
-
-
surtax
-
-
-
-
total
48 679
61 040
-
-
Dividends
125 174
156 960
-
-
social contributions
21 531
26 997
-
-
surtax
-
-
-
-
withholding
16 022
20 091
-
-
total
37 553
47 088
-
-
Income
218 000
218 000
218 000
218 000
Total tax
103 486
108 128
111 277
102 276
After tax
114 514
109 872
106 723
115 724
Living cost
26 893
26 893
26 893
26 893
Free-cash
87 621
82 979
79 830
88 831

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽7293
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
₽71374
₽106419
₽81892
₽76190
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
-
-
-
218 000
pensions
-
-
-
9 209
income
-
-
-
84 278
health
-
-
-
9 693
total
-
-
-
103 180
Employee
67 124
67 124
203 392
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
45 143
-
total
33 372
28 959
64 045
-
Employer
67 124
67 124
203 392
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
139 945
139 121
-
-
income
27 989
27 824
-
-
total
27 989
27 824
-
-
Dividends
111 955
111 298
-
-
income
23 790
23 650
-
-
withholding
16 793
16 695
-
-
total
40 583
40 345
-
-
Income
218 000
218 000
218 000
218 000
Total tax
113 698
108 882
78 653
103 180
After tax
104 302
109 118
139 347
114 820
Living cost
32 928
32 928
32 928
32 928
Free-cash
71 374
76 190
106 419
81 892

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽6101
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
₽94706
₽108423
₽79844
₽86012
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.

-
-
-
218 000
trade
-
-
-
28 579
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.

-
-
-
76 207
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.

-
-
-
5 370
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.

-
-
-
4 192
total
-
-
-
114 348
Employee

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

30 064
-
218 000
-
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.

5 370
-
5 370
-
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.

840
-
76 207
-
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
-
4 192
-
total
6 256
-
85 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 936
218 000
-
-
income
28 191
32 700
-
-
trade
29 600
34 335
-
-
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.

1 550
1 799
-
-
chamber of commerce
389
433
-
-
total
59 730
69 267
-
-
Dividends
128 205
148 734
-
-
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.

1 747
2 029
-
-
withholding
31 753
36 884
-
-
total
33 500
38 913
-
-
Income
218 000
218 000
218 000
218 000
Total tax
99 486
108 180
85 769
114 348
After tax
118 514
109 820
132 231
103 652
Living cost
23 808
23 808
23 808
23 808
Free-cash
94 706
86 012
108 423
79 844

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
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.
₽5612
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
₽136298
₽125120
₽126821
₽140575
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
-
-
-
218 000
income
-
-
-
54 703
health
-
-
-
5 559
social contributions
-
-
-
12 718
total
-
-
-
72 980
Employee
60 443
60 443
207 397
-
health
468
1 028
3 526
-
income
6 581
5 595
53 786
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
64 078
-
Employer
60 443
60 443
207 397
-
health
509
1 119
3 837
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
10 603
-
Corporate
187 672
151 422
-
-
income
23 459
18 928
-
-
total
23 459
18 928
-
-
Dividends
164 213
132 495
-
-
withholding
27 916
22 524
-
-
total
27 916
22 524
-
-
Income
218 000
218 000
218 000
218 000
Total tax
63 503
59 226
74 681
72 980
After tax
154 497
158 774
143 319
145 020
Living cost
18 199
18 199
18 199
18 199
Free-cash
136 298
140 575
125 120
126 821

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽5104
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
₽98551
₽68430
₽86989
₽99343
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.

-
-
-
218 000
income
-
-
-
30 601
social contributions

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

-
-
-
75 755
surtax
-
-
-
-
total
-
-
-
106 356
Employee
36 152
-
176 162
-
income
7 520
-
62 762
-
social contributions
3 977
-
19 378
-
surtax
-
-
937
-
total
11 497
-
83 077
-
Employer
36 152
-
176 162
-
social contributions
8 586
-
41 838
-
total
8 586
-
41 838
-
Corporate
173 262
218 000
-
-
income
36 384
45 780
-
-
surtax
-
-
-
-
total
36 384
45 780
-
-
Dividends
136 878
172 220
-
-
withholding
38 327
48 222
-
-
total
38 327
48 222
-
-
Income
218 000
218 000
218 000
218 000
Total tax
94 794
94 002
124 915
106 356
After tax
123 206
123 998
93 085
111 644
Living cost
24 655
24 655
24 655
24 655
Free-cash
98 551
99 343
68 430
86 989

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
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.
₽4342
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
₽199852
₽168296
₽209716
₽200996
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%.

-
-
-
218 000
microenterprise

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

-
-
-
2 180
total
-
-
-
2 180
Employee
7 629
-
218 000
-
income
1 526
-
43 600
-
total
1 526
-
43 600
-
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%.

210 371
218 000
-
-
total
-
-
-
-
Dividends
210 371
218 000
-
-
withholding
10 518
10 900
-
-
total
10 518
10 900
-
-
Income
218 000
218 000
218 000
218 000
Total tax
12 044
10 900
43 600
2 180
After tax
205 956
207 100
174 400
215 820
Living cost
6 104
6 104
6 104
6 104
Free-cash
199 852
200 996
168 296
209 716

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
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.
₽1646
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
₽122435
₽71049
₽75782
₽129010
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.

-
-
-
218 000
pensions
-
-
-
39 812
unemployment
-
-
-
327
income
-
-
-
59 545
health
-
-
-
21 451
total
-
-
-
121 135
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.

34 759
-
188 631
-
health
2 245
-
12 185
-
unemployment
49
-
264
-
pensions
5 388
-
29 238
-
income
5 994
-
54 812
-
total
13 676
-
96 499
-
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.

34 759
-
188 631
-
health
2 315
-
12 563
-
pensions
3 076
-
16 693
-
unemployment
21
-
113
-
total
5 412
-
29 369
-
Corporate
177 830
218 000
-
-
income
33 787
41 420
-
-
total
33 787
41 420
-
-
Dividends
144 042
176 580
-
-
withholding
21 607
26 487
-
-
total
21 607
26 487
-
-
Income
218 000
218 000
218 000
218 000
Total tax
74 482
67 907
125 868
121 135
After tax
143 518
150 093
92 132
96 865
Living cost
21 083
21 083
21 083
21 083
Free-cash
122 435
129 010
71 049
75 782

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4855
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
₽111760
₽121616
₽151797
₽109014
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.

-
-
-
218 000
income
-
-
-
32 700
health

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

-
-
-
4 970
total
-
-
-
37 670
Employee
36 059
-
214 384
-
social contributions
3 613
-
3 616
-
income
3 913
-
60 619
-
total
7 526
-
64 235
-
Employer
36 059
-
214 384
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
178 328
218 000
-
-
income
62 415
76 300
-
-
total
62 415
76 300
-
-
Dividends
115 913
141 700
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
218 000
218 000
218 000
218 000
Total tax
77 707
80 453
67 851
37 670
After tax
140 293
137 547
150 149
180 330
Living cost
28 533
28 533
28 533
28 533
Free-cash
111 760
109 014
121 616
151 797

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽7051
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
₽116742
₽63131
₽123332
₽116331
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
-
-
-
218 000
income
-
-
-
32 700
health
-
-
-
15 216
social contributions
-
-
-
30 084
total
-
-
-
78 000
Employee
26 651
-
218 000
-
health
1 860
-
15 216
-
income
4 445
-
92 901
-
social contributions
3 678
-
30 084
-
total
9 983
-
138 201
-
Employer
26 651
-
218 000
-
total
-
-
-
-
Corporate
191 349
218 000
-
-
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%.

9 567
10 900
-
-
total
9 567
10 900
-
-
Dividends
181 781
207 100
-
-
social contributions
25 085
28 580
-
-
withholding
27 267
31 065
-
-
health
12 688
14 456
-
-
total
65 040
74 101
-
-
Income
218 000
218 000
218 000
218 000
Total tax
84 590
85 001
138 201
78 000
After tax
133 410
132 999
79 799
140 000
Living cost
16 668
16 668
16 668
16 668
Free-cash
116 742
116 331
63 131
123 332

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
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.
₽4101
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
₽120239
₽101017
₽111199
₽128089
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
-
-
-
218 000
income
-
-
-
24 431
health
-
-
-
29 430
social contributions
-
-
-
25 694
solidarity contribution
-
-
-
5 242
total
-
-
-
84 797
Employee
32 358
-
179 818
-
health
4 368
-
24 275
-
solidarity contribution
-
-
4 328
-
income
3 883
-
22 473
-
social contributions
2 103
-
5 720
-
total
10 354
-
56 796
-
Employer
32 358
-
179 818
-
health
2 912
-
16 184
-
social contributions
8 090
-
21 999
-
total
11 002
-
38 183
-
Corporate
174 640
218 000
-
-
income
33 182
41 420
-
-
total
33 182
41 420
-
-
Dividends
141 458
176 580
-
-
withholding
21 219
26 487
-
-
total
21 219
26 487
-
-
Income
218 000
218 000
218 000
218 000
Total tax
75 757
67 907
94 979
84 797
After tax
142 243
150 093
123 021
133 203
Living cost
22 004
22 004
22 004
22 004
Free-cash
120 239
128 089
101 017
111 199

Estimated living cost  is ₽22004 per week

₽16363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
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.
₽4041
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
₽195806
₽164889
₽206309
₽197589
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%.

-
-
-
218 000
microenterprise

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

-
-
-
2 180
total
-
-
-
2 180
Employee
11 889
-
218 000
-
income
2 378
-
43 600
-
total
2 378
-
43 600
-
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%.

206 111
218 000
-
-
total
-
-
-
-
Dividends
206 111
218 000
-
-
withholding
10 305
10 900
-
-
total
10 305
10 900
-
-
Income
218 000
218 000
218 000
218 000
Total tax
12 683
10 900
43 600
2 180
After tax
205 317
207 100
174 400
215 820
Living cost
9 511
9 511
9 511
9 511
Free-cash
195 806
197 589
164 889
206 309

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
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.
₽2356
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
₽77310
₽68758
₽77759
₽71907
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
-
-
-
218 000
income
-
-
-
46 314
other
-
-
-
6 759
health
-
-
-
11 701
social contributions
-
-
-
6 211
pensions
-
-
-
31 291
surtax
-
-
-
-
total
-
-
-
102 276
Employee
49 231
-
164 484
-
pensions
5 568
-
13 194
-
income
4 296
-
39 879
-
social contributions
1 402
-
4 687
-
surtax
-
-
-
-
total
11 266
-
57 760
-
Employer
49 231
-
164 484
-
health
3 446
-
17 298
-
social contributions
148
-
494
-
pensions
8 089
-
21 898
-
unemployment
1 994
-
6 662
-
other
1 699
-
7 165
-
total
15 376
-
53 517
-
Corporate
153 393
218 000
-
-
income
42 951
61 040
-
-
surtax
-
-
-
-
total
42 951
61 040
-
-
Dividends
110 442
156 960
-
-
social contributions
18 996
26 997
-
-
surtax
-
-
-
-
withholding
14 136
20 091
-
-
total
33 132
47 088
-
-
Income
218 000
218 000
218 000
218 000
Total tax
102 725
108 128
111 277
102 276
After tax
115 275
109 872
106 723
115 724
Living cost
37 965
37 965
37 965
37 965
Free-cash
77 310
71 907
68 758
77 759

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
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.
₽8644
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
₽140096
₽131329
₽131327
₽143952
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.

-
-
-
218 000
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
51 226
health
-
-
-
5 966
total
-
-
-
73 120
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.

20 437
-
207 633
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
51 226
-
total
6 884
-
62 751
-
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.

20 437
-
207 633
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
193 904
218 000
-
-
income
29 086
32 700
-
-
total
29 086
32 700
-
-
Dividends
164 819
185 300
-
-
withholding
24 723
27 795
-
-
total
24 723
27 795
-
-
Income
218 000
218 000
218 000
218 000
Total tax
64 351
60 495
73 118
73 120
After tax
153 649
157 505
144 882
144 880
Living cost
13 553
13 553
13 553
13 553
Free-cash
140 096
143 952
131 329
131 327

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
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.
₽2987
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
₽69106
₽109365
₽114449
₽46235
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
-
-
-
218 000
pensions
-
-
-
20 055
city
-
-
-
2 301
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.

-
-
-
4 069
health
-
-
-
490
regional
-
-
-
14 222
national
-
-
-
8 964
total
-
-
-
50 101
Employee
62 550
-
197 676
-
health
141
-
445
-
unemployment
-
-
-
-
city
671
-
2 158
-
pensions
5 255
-
13 751
-
regional
2 048
-
12 970
-
national
296
-
7 711
-
total
8 411
-
37 035
-
Employer
62 550
-
197 676
-
health
141
-
445
-
pensions
5 255
-
13 751
-
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.

1 251
-
3 954
-
total
6 647
-
18 150
-
Corporate
148 115
218 000
-
-
regional
31 326
46 107
-
-
national
12 590
18 530
-
-
total
43 916
64 637
-
-
Dividends
104 200
153 364
-
-
withholding
36 470
53 678
-
-
total
36 470
53 678
-
-
Income
218 000
218 000
218 000
218 000
Total tax
95 444
118 315
55 185
50 101
After tax
122 556
99 685
162 815
167 899
Living cost
53 450
53 450
53 450
53 450
Free-cash
69 106
46 235
109 365
114 449

Estimated living cost  is ₽53450 per week

₽34758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
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.
₽13239
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
₽103912
₽73902
₽98871
₽99756
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

-
-
-
218 000
municipal
-
-
-
38 695
health
-
-
-
3 030
national
-
-
-
47 226
total
-
-
-
88 951
Employee
41 355
-
183 394
-
health
309
-
2 496
-
unemployment
621
-
2 751
-
pensions
2 791
-
12 379
-
national
683
-
31 850
-
municipal
6 774
-
29 838
-
total
11 178
-
79 314
-
Employer
41 355
-
183 394
-
health
318
-
1 413
-
pensions
7 175
-
31 818
-
accident
42
-
183
-
unemployment
268
-
1 192
-
total
7 803
-
34 606
-
Corporate
168 842
218 000
-
-
income
33 768
43 600
-
-
total
33 768
43 600
-
-
Dividends

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

101 306
130 800
-
-
municipal
18 235
23 544
-
-
national
12 926
20 922
-
-
total
31 161
44 466
-
-
Income
218 000
218 000
218 000
218 000
Total tax
83 910
88 066
113 920
88 951
After tax
134 090
129 934
104 080
129 049
Living cost
30 178
30 178
30 178
30 178
Free-cash
103 912
99 756
73 902
98 871

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽7084
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
₽81308
₽43651
₽66365
₽88674
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
-
-
-
218 000
communal

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

-
-
-
11 905
social contributions
-
-
-
19 597
national
-
-
-
91 473
total
-
-
-
122 975
Employee

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

56 226
-
168 849
-
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.

2 642
-
7 936
-
communal

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

2 933
-
8 807
-
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.

489
-
1 469
-
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.

4 217
-
12 664
-
national
17 286
-
65 661
-
total
27 567
-
96 537
-
Employer

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

56 226
-
168 849
-
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.

3 458
-
10 383
-
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.

4 982
-
14 960
-
surtax
6 375
-
19 147
-
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.

731
-
2 196
-
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.

820
-
2 466
-
total
16 366
-
49 152
-
Corporate
145 408
218 000
-
-
income
29 081
49 794
-
-
surtax
582
996
-
-
total
29 663
50 790
-
-
Dividends
115 745
167 209
-
-
withholding

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

34 436
49 876
-
-
total
34 436
49 876
-
-
Income
218 000
218 000
218 000
218 000
Total tax
108 032
100 666
145 689
122 975
After tax
109 968
117 334
72 311
95 025
Living cost
28 660
28 660
28 660
28 660
Free-cash
81 308
88 674
43 651
66 365

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽7245
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
₽84171
₽72859
₽73686
₽84936
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
-
-
-
218 000
unemployment
-
-
-
75
municipal
-
-
-
58 553
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
30 024
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
110 222
Employee
48 578
-
194 524
-
national
-
-
29 566
-
municipal
14 486
-
58 007
-
total
14 486
-
87 573
-
Employer
48 578
-
194 524
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
154 158
218 000
-
-
income
33 915
47 960
-
-
total
33 915
47 960
-
-
Dividends
120 244
170 040
-
-
withholding
36 073
51 012
-
-
total
36 073
51 012
-
-
Income
218 000
218 000
218 000
218 000
Total tax
99 737
98 972
111 049
110 222
After tax
118 263
119 028
106 951
107 778
Living cost
34 092
34 092
34 092
34 092
Free-cash
84 171
84 936
72 859
73 686

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
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.
₽7634
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
₽52743
₽168415
₽112656
₽94632
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
-
-
-
218 000
income
-
-
-
42 493
social contributions
-
-
-
24 852
total
-
-
-
67 345
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
86 692
218 000
-
-
income
19 072
47 960
-
-
total
19 072
47 960
-
-
Dividends
67 619
170 040
-
-
income
14 876
37 409
-
-
total
14 876
37 409
-
-
Income
218 000
218 000
218 000
218 000
Total tax
127 258
85 369
11 586
67 345
After tax
90 742
132 631
206 414
150 655
Living cost
37 999
37 999
37 999
37 999
Free-cash
52 743
94 632
168 415
112 656

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
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.
₽9286
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
₽130019
₽117824
₽119525
₽133279
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
-
-
-
218 000
income
-
-
-
54 703
health
-
-
-
5 559
social contributions
-
-
-
12 718
total
-
-
-
72 980
Employee
60 443
60 443
207 397
-
health
601
1 028
3 526
-
income
6 347
5 595
53 786
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
64 078
-
Employer
60 443
60 443
207 397
-
health
655
1 119
3 837
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
10 603
-
Corporate
179 028
151 422
-
-
income
22 378
18 928
-
-
total
22 378
18 928
-
-
Dividends
156 650
132 495
-
-
withholding
26 631
22 524
-
-
total
26 631
22 524
-
-
Income
218 000
218 000
218 000
218 000
Total tax
62 486
59 226
74 681
72 980
After tax
155 514
158 774
143 319
145 020
Living cost
25 495
25 495
25 495
25 495
Free-cash
130 019
133 279
117 824
119 525

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
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.
₽5647
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
₽109901
₽90753
₽110017
₽105403
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
-
-
-
218 000
income
-
-
-
71 243
pensions
-
-
-
8 519
total
-
-
-
79 762
Employee
38 737
-
189 655
-
health
505
-
2 423
-
pensions
2 957
-
9 862
-
income
7 054
-
58 398
-
total
10 516
-
70 683
-
Employer
38 737
-
189 655
-
health
736
-
3 604
-
pensions
3 914
-
24 739
-
total
4 650
-
28 343
-
Corporate
174 613
218 000
-
-
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.

33 177
41 420
-
-
total
33 177
41 420
-
-
Dividends
141 435
176 580
-
-
withholding
31 535
42 956
-
-
total
31 535
42 956
-
-
Income
218 000
218 000
218 000
218 000
Total tax
79 878
84 376
99 026
79 762
After tax
138 122
133 624
118 974
138 238
Living cost
28 221
28 221
28 221
28 221
Free-cash
109 901
105 403
90 753
110 017

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽5912
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
₽79939
₽66957
₽73415
₽83514
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
-
-
-
218 000
municipal
-
-
-
1 608
regional
-
-
-
5 687
social contributions
-
-
-
39 341
national
-
-
-
66 635
total
-
-
-
113 271
Employee
66 236
-
218 000
-
social contributions
22 335
-
51 577
-
regional
1 000
-
5 280
-
national
11 193
-
61 374
-
municipal
395
-
1 498
-
total
34 923
-
119 729
-
Employer
66 236
-
218 000
-
total
-
-
-
-
Corporate
151 764
218 000
-
-
nationa
36 423
52 320
-
-
municipal
7 315
10 507
-
-
total
43 738
62 827
-
-
Dividends
108 025
155 173
-
-
withholding
28 086
40 345
-
-
total
28 086
40 345
-
-
Income
218 000
218 000
218 000
218 000
Total tax
106 747
103 172
119 729
113 271
After tax
111 253
114 828
98 271
104 729
Living cost
31 314
31 314
31 314
31 314
Free-cash
79 939
83 514
66 957
73 415

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽6690
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
₽15082
₽104562
₽131937
₽871
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
-
-
-
218 000
pensions
-
-
-
3 175
income
-
-
-
63 961
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
69 276
Employee
26 407
-
201 300
-
health
3 024
-
23 049
-
pensions
2 974
-
5 822
-
income
3 623
-
51 079
-
total
9 621
-
79 950
-
Employer
26 407
-
201 300
-
pensions
4 294
-
8 407
-
accident
441
-
3 362
-
unemployment
647
-
4 932
-
total
5 382
-
16 701
-
Corporate
186 211
218 000
-
-
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.

167 590
196 200
-
-
total
167 590
196 200
-
-
Dividends
18 621
21 800
-
-
withholding
3 538
4 142
-
-
total
3 538
4 142
-
-
Income
218 000
218 000
218 000
218 000
Total tax
186 131
200 342
96 651
69 276
After tax
31 869
17 658
121 349
148 724
Living cost
16 787
16 787
16 787
16 787
Free-cash
15 082
871
104 562
131 937

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
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.
₽3204
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
₽91998
₽101884
₽75846
₽81716
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.

-
-
-
218 000
trade
-
-
-
26 038
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.

-
-
-
76 207
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.

-
-
-
5 370
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.

-
-
-
4 192
total
-
-
-
111 807
Employee

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

39 110
-
218 000
-
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.

5 370
-
5 370
-
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.

3 216
-
76 207
-
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
-
4 192
-
total
8 764
-
85 769
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 890
218 000
-
-
income
26 833
32 700
-
-
trade
25 671
31 283
-
-
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.

1 475
1 799
-
-
chamber of commerce
382
439
-
-
total
54 361
66 221
-
-
Dividends
124 528
151 780
-
-
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.

1 696
2 070
-
-
withholding
30 834
37 646
-
-
total
32 530
39 716
-
-
Income
218 000
218 000
218 000
218 000
Total tax
95 655
105 937
85 769
111 807
After tax
122 345
112 063
132 231
106 193
Living cost
30 347
30 347
30 347
30 347
Free-cash
91 998
81 716
101 884
75 846

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
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.
₽5707
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
₽151598
₽80593
₽65711
₽158047
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.

-
-
-
218 000
income
-
-
-
50 231
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.

-
-
-
30 116
surtax
-
-
-
55 589
total
-
-
-
135 936
Employee
22 968
-
176 065
-
income
4 089
-
43 285
-
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.

2 527
-
10 304
-
surtax
-
-
25 530
-
total
6 616
-
79 119
-
Employer
22 968
-
176 065
-
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.

5 533
-
22 567
-
surtax
-
-
19 368
-
total
5 533
-
41 935
-
Corporate
189 499
218 000
-
-
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%.

37 900
43 600
-
-
total
37 900
43 600
-
-
Dividends

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

151 599
174 400
-
-
total
-
-
-
-
Income
218 000
218 000
218 000
218 000
Total tax
50 049
43 600
121 054
135 936
After tax
167 951
174 400
96 946
82 064
Living cost
16 353
16 353
16 353
16 353
Free-cash
151 598
158 047
80 593
65 711

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
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.
₽3992
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
₽124654
₽125492
₽126188
₽126259
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
-
-
-
218 000
income
-
-
-
69 743
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
82 039
Employee
14 885
-
209 981
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
69 368
-
total
5 112
-
74 715
-
Employer
14 885
-
209 981
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
199 766
218 000
-
-
income
43 948
47 960
-
-
total
43 948
47 960
-
-
Dividends
155 818
170 040
-
-
withholding
31 164
34 008
-
-
total
31 164
34 008
-
-
Income
218 000
218 000
218 000
218 000
Total tax
83 573
81 968
82 735
82 039
After tax
134 427
136 032
135 265
135 961
Living cost
9 773
9 773
9 773
9 773
Free-cash
124 654
126 259
125 492
126 188

Estimated living cost  is ₽9773 per week

₽5807
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.
₽2949
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
₽116965
₽79648
₽84455
₽119467
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
-
-
-
218 000
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
74 187
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
13 094
total
-
-
-
115 890
Employee
26 471
-
195 918
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
69 487
-
other
-
-
-
-
surtax
94
-
12 154
-
total
8 816
-
98 615
-
Employer
26 471
-
195 918
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
185 956
218 000
-
-
income
48 349
56 680
-
-
total
48 349
56 680
-
-
Dividends
137 607
161 320
-
-
withholding
20 642
24 198
-
-
total
20 642
24 198
-
-
Income
218 000
218 000
218 000
218 000
Total tax
83 380
80 878
120 697
115 890
After tax
134 620
137 122
97 303
102 110
Living cost
17 655
17 655
17 655
17 655
Free-cash
116 965
119 467
79 648
84 455

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
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.
₽5052
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
₽94479
₽31003
₽86087
₽94867
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
-
-
-
218 000
pensions
-
-
-
16 988