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
₽ 220000
per

Your estimated
City
free-cash

Valencia , Spain
₽120756
₽97818
₽101090
₽124199
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
-
-
-
220 000
unemployment
-
-
-
506
income
-
-
-
75 773
other
-
-
-
73
accident
-
-
-
651
pensions
-
-
-
20 459
total
-
-
-
97 462
Employee
28 840
-
196 953
-
unemployment
447
-
1 120
-
pensions
1 356
-
3 398
-
income
5 560
-
73 095
-
other
28
-
73
-
total
7 391
-
77 686
-
Employer
28 840
-
196 953
-
pensions
6 806
-
17 062
-
accident
571
-
1 431
-
unemployment
1 587
-
3 976
-
other
231
-
579
-
total
9 195
-
23 048
-
Corporate
181 965
220 000
-
-
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.

27 294
33 000
-
-
total
27 294
33 000
-
-
Dividends
154 671
187 000
-
-
withholding
33 916
41 353
-
-
total
33 916
41 353
-
-
Income
220 000
220 000
220 000
220 000
Total tax
77 796
74 353
100 734
97 462
After tax
142 204
145 647
119 266
122 538
Living cost
21 448
21 448
21 448
21 448
Free-cash
120 756
124 199
97 818
101 090

Estimated living cost  is ₽21448 per week

₽14477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
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.
₽4534
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
₽135582
₽116313
₽118030
₽140852
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
-
-
-
220 000
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.

-
-
-
28 466
income
-
-
-
41 869
other
-
-
-
5 633
health
-
-
-
5 219
total
-
-
-
81 187
Employee
28 320
-
189 544
-
health
397
-
1 661
-
unemployment
283
-
1 186
-
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.

1 982
-
8 302
-
income
4 876
-
41 298
-
total
7 538
-
52 447
-
Employer
28 320
-
189 544
-
health
397
-
1 661
-
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.

4 815
-
20 164
-
accident
226
-
1 516
-
unemployment
283
-
1 186
-
other
1 417
-
5 930
-
total
7 138
-
30 457
-
Corporate
184 543
220 000
-
-
income
38 753
46 200
-
-
total
38 753
46 200
-
-
Dividends
145 789
173 800
-
-
withholding
10 206
12 165
-
-
total
10 206
12 165
-
-
Income
220 000
220 000
220 000
220 000
Total tax
63 635
58 365
82 904
81 187
After tax
156 365
161 635
137 096
138 813
Living cost
20 783
20 783
20 783
20 783
Free-cash
135 582
140 852
116 313
118 030

Estimated living cost  is ₽20783 per week

₽14685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽335
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽174248
₽179015
₽169496
₽177872
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
-
-
-
220 000
pensions

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

-
-
-
4 033
unemployment
-
-
-
109
income
-
-
-
33 000
health
-
-
-
3 134
total
-
-
-
40 276
Employee
13 543
-
214 654
-
health
623
-
1 253
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
pensions

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

1 189
-
2 393
-
income
1 354
-
21 465
-
total
3 315
-
25 411
-
Employer
13 543
-
214 654
-
health
935
-
1 880
-
pensions

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

1 493
-
3 003
-
accident

We are using the highest rate at 1.1%.

149
-
300
-
unemployment
81
-
163
-
total
2 658
-
5 346
-
Corporate
203 799
220 000
-
-
income
20 380
22 000
-
-
total
20 380
22 000
-
-
Dividends
183 419
198 000
-
-
withholding
9 171
9 900
-
-
total
9 171
9 900
-
-
Income
220 000
220 000
220 000
220 000
Total tax
35 524
31 900
30 757
40 276
After tax
184 476
188 100
189 243
179 724
Living cost
10 228
10 228
10 228
10 228
Free-cash
174 248
177 872
179 015
169 496

Estimated living cost  is ₽10228 per week

₽5971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽271
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3255
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
₽88800
₽80570
₽89842
₽84195
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
-
-
-
220 000
income
-
-
-
47 148
other
-
-
-
6 821
health
-
-
-
11 881
social contributions
-
-
-
6 268
pensions
-
-
-
31 354
surtax
-
-
-
-
total
-
-
-
103 472
Employee
33 382
-
165 862
-
pensions
3 774
-
13 360
-
income
1 970
-
40 520
-
social contributions
952
-
4 725
-
surtax
-
-
-
-
total
6 696
-
58 605
-
Employer
33 382
-
165 862
-
health
2 337
-
17 510
-
social contributions
101
-
497
-
pensions
5 484
-
22 166
-
unemployment
1 351
-
6 717
-
other
1 152
-
7 249
-
total
10 425
-
54 139
-
Corporate
176 193
220 000
-
-
income
49 334
61 600
-
-
surtax
-
-
-
-
total
49 334
61 600
-
-
Dividends
126 860
158 400
-
-
social contributions
21 820
27 244
-
-
surtax
-
-
-
-
withholding
16 239
20 275
-
-
total
38 059
47 519
-
-
Income
220 000
220 000
220 000
220 000
Total tax
104 514
109 119
112 744
103 472
After tax
115 486
110 881
107 256
116 528
Living cost
26 686
26 686
26 686
26 686
Free-cash
88 800
84 195
80 570
89 842

Estimated living cost  is ₽26686 per week

₽16826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
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.
₽7236
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
₽72700
₽107948
₽83037
₽77479
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
-
-
-
220 000
pensions
-
-
-
9 138
income
-
-
-
85 533
health
-
-
-
9 618
total
-
-
-
104 289
Employee
66 607
66 607
205 505
-
health
10 223
8 696
9 618
-
pensions
11 989
9 138
9 138
-
income

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

10 902
10 902
46 127
-
total
33 114
28 736
64 883
-
Employer
66 607
66 607
205 505
-
health
4 630
4 630
5 753
-
pensions
4 636
4 636
5 762
-
unemployment
2 398
2 398
2 980
-
total
11 664
11 664
14 495
-
Corporate
142 546
141 729
-
-
income
28 509
28 346
-
-
total
28 509
28 346
-
-
Dividends
114 037
113 383
-
-
income
24 233
24 094
-
-
withholding
17 106
17 007
-
-
total
41 339
41 101
-
-
Income
220 000
220 000
220 000
220 000
Total tax
114 626
109 847
79 378
104 289
After tax
105 374
110 153
140 622
115 711
Living cost
32 674
32 674
32 674
32 674
Free-cash
72 700
77 479
107 948
83 037

Estimated living cost  is ₽32674 per week

₽23156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6054
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
₽95826
₽109637
₽80698
₽87199
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.

-
-
-
220 000
trade
-
-
-
28 939
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.

-
-
-
77 165
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.

-
-
-
5 329
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.

-
-
-
4 244
total
-
-
-
115 677
Employee

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

29 833
-
220 000
-
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.

5 329
-
5 329
-
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.

833
-
77 165
-
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
-
4 244
-
total
6 208
-
86 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 167
220 000
-
-
income
28 526
33 000
-
-
trade
29 951
34 650
-
-
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.

1 569
1 815
-
-
chamber of commerce
392
435
-
-
total
60 438
69 900
-
-
Dividends
129 730
150 100
-
-
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.

1 767
2 047
-
-
withholding
32 136
37 229
-
-
total
33 903
39 276
-
-
Income
220 000
220 000
220 000
220 000
Total tax
100 549
109 176
86 738
115 677
After tax
119 451
110 824
133 262
104 323
Living cost
23 625
23 625
23 625
23 625
Free-cash
95 826
87 199
109 637
80 698

Estimated living cost  is ₽23625 per week

₽14861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
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.
₽5568
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
₽137917
₽126463
₽128174
₽142163
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
-
-
-
220 000
income
-
-
-
55 537
health
-
-
-
5 610
social contributions
-
-
-
12 620
total
-
-
-
73 767
Employee
59 977
59 977
209 412
-
health
465
1 020
3 560
-
income
6 530
5 552
54 616
-
social contributions
2 268
4 978
6 714
-
total
9 263
11 550
64 890
-
Employer
59 977
59 977
209 412
-
health
505
1 110
3 874
-
social contributions
2 268
4 978
6 714
-
total
2 773
6 088
10 588
-
Corporate
189 906
153 936
-
-
income
23 739
19 242
-
-
total
23 739
19 242
-
-
Dividends
166 167
134 694
-
-
withholding
28 249
22 898
-
-
total
28 249
22 898
-
-
Income
220 000
220 000
220 000
220 000
Total tax
64 024
59 778
75 478
73 767
After tax
155 976
160 222
144 522
146 233
Living cost
18 059
18 059
18 059
18 059
Free-cash
137 917
142 163
126 463
128 174

Estimated living cost  is ₽18059 per week

₽10823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
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.
₽5065
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
₽99885
₽69215
₽88054
₽100670
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.

-
-
-
220 000
income
-
-
-
31 031
social contributions

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

-
-
-
76 450
surtax
-
-
-
-
total
-
-
-
107 481
Employee
35 873
-
177 777
-
income
7 462
-
63 548
-
social contributions
3 946
-
19 556
-
surtax
-
-
995
-
total
11 408
-
84 099
-
Employer
35 873
-
177 777
-
social contributions
8 520
-
42 221
-
total
8 520
-
42 221
-
Corporate
175 607
220 000
-
-
income
36 878
46 200
-
-
surtax
-
-
-
-
total
36 878
46 200
-
-
Dividends
138 729
173 800
-
-
withholding
38 844
48 665
-
-
total
38 844
48 665
-
-
Income
220 000
220 000
220 000
220 000
Total tax
95 650
94 865
126 320
107 481
After tax
124 350
125 135
93 680
112 519
Living cost
24 465
24 465
24 465
24 465
Free-cash
99 885
100 670
69 215
88 054

Estimated living cost  is ₽24465 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1443
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.
₽4309
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
₽202090
₽170181
₽211858
₽203181
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%.

-
-
-
220 000
microenterprise

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

-
-
-
2 323
total
-
-
-
2 323
Employee
7 274
-
220 000
-
income
1 455
-
44 000
-
total
1 455
-
44 000
-
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%.

212 726
220 000
-
-
total
-
-
-
-
Dividends
212 726
220 000
-
-
withholding
10 636
11 000
-
-
total
10 636
11 000
-
-
Income
220 000
220 000
220 000
220 000
Total tax
12 091
11 000
44 000
2 323
After tax
207 909
209 000
176 000
217 677
Living cost
5 819
5 819
5 819
5 819
Free-cash
202 090
203 181
170 181
211 858

Estimated living cost  is ₽5819 per week

₽3606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽160
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1569
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
₽124024
₽71743
₽76519
₽130549
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.

-
-
-
220 000
pensions
-
-
-
40 177
unemployment
-
-
-
330
income
-
-
-
60 404
health
-
-
-
21 649
total
-
-
-
122 560
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.

34 491
-
190 360
-
health
2 228
-
12 297
-
unemployment
49
-
266
-
pensions
5 346
-
29 505
-
income
5 948
-
55 628
-
total
13 571
-
97 696
-
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.

34 491
-
190 360
-
health
2 297
-
12 679
-
pensions
3 052
-
16 847
-
unemployment
21
-
114
-
total
5 370
-
29 640
-
Corporate
180 139
220 000
-
-
income
34 227
41 800
-
-
total
34 227
41 800
-
-
Dividends
145 912
178 200
-
-
withholding
21 887
26 730
-
-
total
21 887
26 730
-
-
Income
220 000
220 000
220 000
220 000
Total tax
75 055
68 530
127 336
122 560
After tax
144 945
151 470
92 664
97 440
Living cost
20 921
20 921
20 921
20 921
Free-cash
124 024
130 549
71 743
76 519

Estimated living cost  is ₽20921 per week

₽14358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
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.
₽4818
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
₽113292
₽123070
₽153708
₽110565
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.

-
-
-
220 000
income
-
-
-
33 000
health

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

-
-
-
4 979
total
-
-
-
37 979
Employee
35 781
-
216 412
-
social contributions
3 585
-
3 588
-
income
3 882
-
61 441
-
total
7 467
-
65 029
-
Employer
35 781
-
216 412
-
social contributions
3 585
-
3 588
-
total
3 585
-
3 588
-
Corporate
180 634
220 000
-
-
income
63 222
77 001
-
-
total
63 222
77 001
-
-
Dividends
117 412
142 999
-
-
social contributions
4 121
4 121
-
-
total
4 121
4 121
-
-
Income
220 000
220 000
220 000
220 000
Total tax
78 395
81 122
68 617
37 979
After tax
141 605
138 878
151 383
182 021
Living cost
28 313
28 313
28 313
28 313
Free-cash
113 292
110 565
123 070
153 708

Estimated living cost  is ₽28313 per week

₽18650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
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.
₽6997
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
₽118088
₽63830
₽124745
₽117680
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
-
-
-
220 000
income
-
-
-
33 000
health
-
-
-
15 357
social contributions
-
-
-
30 359
total
-
-
-
78 716
Employee
26 446
-
220 000
-
health
1 846
-
15 357
-
income
4 411
-
93 915
-
social contributions
3 650
-
30 359
-
total
9 907
-
139 631
-
Employer
26 446
-
220 000
-
total
-
-
-
-
Corporate
193 554
220 000
-
-
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%.

9 677
11 001
-
-
total
9 677
11 001
-
-
Dividends
183 877
208 999
-
-
social contributions
25 374
28 842
-
-
withholding
27 581
31 350
-
-
health
12 834
14 588
-
-
total
65 789
74 780
-
-
Income
220 000
220 000
220 000
220 000
Total tax
85 373
85 781
139 631
78 716
After tax
134 627
134 219
80 369
141 284
Living cost
16 539
16 539
16 539
16 539
Free-cash
118 088
117 680
63 830
124 745

Estimated living cost  is ₽16539 per week

₽11069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1020
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.
₽4069
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
₽121830
₽102497
₽112804
₽129623
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
-
-
-
220 000
income
-
-
-
24 718
health
-
-
-
29 700
social contributions
-
-
-
25 512
solidarity contribution
-
-
-
5 419
total
-
-
-
85 349
Employee
32 129
-
181 796
-
health
4 337
-
24 542
-
solidarity contribution
-
-
4 494
-
income
3 855
-
22 736
-
social contributions
2 088
-
5 679
-
total
10 280
-
57 451
-
Employer
32 129
-
181 796
-
health
2 892
-
16 362
-
social contributions
8 032
-
21 843
-
total
10 924
-
38 205
-
Corporate
176 948
220 000
-
-
income
33 620
41 800
-
-
total
33 620
41 800
-
-
Dividends
143 328
178 200
-
-
withholding
21 499
26 730
-
-
total
21 499
26 730
-
-
Income
220 000
220 000
220 000
220 000
Total tax
76 323
68 530
95 656
85 349
After tax
143 677
151 470
124 344
134 651
Living cost
21 847
21 847
21 847
21 847
Free-cash
121 830
129 623
102 497
112 804

Estimated living cost  is ₽21847 per week

₽16247
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
₽198232
₽166932
₽208609
₽199932
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%.

-
-
-
220 000
microenterprise

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

-
-
-
2 323
total
-
-
-
2 323
Employee
11 335
-
220 000
-
income
2 267
-
44 000
-
total
2 267
-
44 000
-
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%.

208 665
220 000
-
-
total
-
-
-
-
Dividends
208 665
220 000
-
-
withholding
10 433
11 000
-
-
total
10 433
11 000
-
-
Income
220 000
220 000
220 000
220 000
Total tax
12 700
11 000
44 000
2 323
After tax
207 300
209 000
176 000
217 677
Living cost
9 068
9 068
9 068
9 068
Free-cash
198 232
199 932
166 932
208 609

Estimated living cost  is ₽9068 per week

₽6136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽304
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2247
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
₽78572
₽69584
₽78856
₽73209
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
-
-
-
220 000
income
-
-
-
47 148
other
-
-
-
6 821
health
-
-
-
11 881
social contributions
-
-
-
6 268
pensions
-
-
-
31 354
surtax
-
-
-
-
total
-
-
-
103 472
Employee
48 852
-
165 862
-
pensions
5 525
-
13 360
-
income
4 262
-
40 520
-
social contributions
1 391
-
4 725
-
surtax
-
-
-
-
total
11 178
-
58 605
-
Employer
48 852
-
165 862
-
health
3 419
-
17 510
-
social contributions
147
-
497
-
pensions
8 027
-
22 166
-
unemployment
1 979
-
6 717
-
other
1 686
-
7 249
-
total
15 258
-
54 139
-
Corporate
155 891
220 000
-
-
income
43 650
61 600
-
-
surtax
-
-
-
-
total
43 650
61 600
-
-
Dividends
112 241
158 400
-
-
social contributions
19 304
27 244
-
-
surtax
-
-
-
-
withholding
14 366
20 275
-
-
total
33 670
47 519
-
-
Income
220 000
220 000
220 000
220 000
Total tax
103 756
109 119
112 744
103 472
After tax
116 244
110 881
107 256
116 528
Living cost
37 672
37 672
37 672
37 672
Free-cash
78 572
73 209
69 584
78 856

Estimated living cost  is ₽37672 per week

₽25496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
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
₽141685
₽133094
₽133093
₽145509
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.

-
-
-
220 000
pensions
-
-
-
14 934
unemployment
-
-
-
862
income
-
-
-
51 754
health
-
-
-
5 916
total
-
-
-
73 466
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.

20 268
-
209 719
-
health
1 044
-
2 958
-
unemployment
152
-
431
-
pensions
2 837
-
8 041
-
income
2 794
-
51 754
-
total
6 827
-
63 184
-
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.

20 268
-
209 719
-
health
1 044
-
2 958
-
pensions
2 432
-
6 892
-
unemployment
152
-
431
-
total
3 628
-
10 281
-
Corporate
196 104
220 000
-
-
income
29 416
33 000
-
-
total
29 416
33 000
-
-
Dividends
166 689
187 000
-
-
withholding
25 003
28 050
-
-
total
25 003
28 050
-
-
Income
220 000
220 000
220 000
220 000
Total tax
64 874
61 050
73 465
73 466
After tax
155 126
158 950
146 535
146 534
Living cost
13 441
13 441
13 441
13 441
Free-cash
141 685
145 509
133 094
133 093

Estimated living cost  is ₽13441 per week

₽9050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
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.
₽2962
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
₽69942
₽110675
₽115746
₽47016
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
-
-
-
220 000
pensions
-
-
-
20 240
city
-
-
-
2 323
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.

-
-
-
4 079
health
-
-
-
495
regional
-
-
-
14 402
national
-
-
-
9 131
total
-
-
-
50 670
Employee
62 707
-
199 515
-
health
142
-
449
-
unemployment
-
-
-
-
city
673
-
2 179
-
pensions
5 268
-
13 852
-
regional
2 053
-
13 129
-
national
297
-
7 841
-
total
8 433
-
37 450
-
Employer
62 707
-
199 515
-
health
142
-
449
-
pensions
5 268
-
13 852
-
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.

1 254
-
3 990
-
total
6 664
-
18 291
-
Corporate
149 940
220 000
-
-
regional
31 713
46 530
-
-
national
12 745
18 700
-
-
total
44 458
65 230
-
-
Dividends
105 482
154 769
-
-
withholding
36 919
54 170
-
-
total
36 919
54 170
-
-
Income
220 000
220 000
220 000
220 000
Total tax
96 474
119 400
55 741
50 670
After tax
123 526
100 600
164 259
169 330
Living cost
53 584
53 584
53 584
53 584
Free-cash
69 942
47 016
110 675
115 746

Estimated living cost  is ₽53584 per week

₽34845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
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.
₽13272
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
₽105190
₽74750
₽99950
₽100844
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

-
-
-
220 000
municipal
-
-
-
39 049
health
-
-
-
3 062
national
-
-
-
47 994
total
-
-
-
90 105
Employee
41 036
-
185 076
-
health
306
-
2 525
-
unemployment
616
-
2 777
-
pensions
2 769
-
12 493
-
national
678
-
32 476
-
municipal
6 721
-
30 111
-
total
11 090
-
80 382
-
Employer
41 036
-
185 076
-
health
315
-
1 425
-
pensions
7 120
-
32 110
-
accident
41
-
185
-
unemployment
266
-
1 203
-
total
7 742
-
34 923
-
Corporate
171 221
220 000
-
-
income
34 245
44 001
-
-
total
34 245
44 001
-
-
Dividends

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

102 732
132 000
-
-
municipal
18 492
23 759
-
-
national
13 296
21 451
-
-
total
31 788
45 210
-
-
Income
220 000
220 000
220 000
220 000
Total tax
84 865
89 211
115 305
90 105
After tax
135 135
130 789
104 695
129 895
Living cost
29 945
29 945
29 945
29 945
Free-cash
105 190
100 844
74 750
99 950

Estimated living cost  is ₽29945 per week

₽19560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽7029
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
₽82732
₽44405
₽67472
₽89804
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
-
-
-
220 000
communal

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

-
-
-
12 034
social contributions
-
-
-
19 446
national
-
-
-
92 609
total
-
-
-
124 089
Employee

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

55 792
-
170 399
-
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.

2 621
-
8 009
-
communal

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

2 910
-
8 888
-
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
-
1 483
-
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.

4 184
-
12 780
-
national
17 153
-
66 395
-
total
27 353
-
97 555
-
Employer

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

55 792
-
170 399
-
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.

3 431
-
10 479
-
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.

4 944
-
15 098
-
surtax
6 326
-
19 322
-
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.

725
-
2 214
-
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.

814
-
2 488
-
total
16 240
-
49 601
-
Corporate
147 967
220 000
-
-
income
29 594
50 479
-
-
surtax
592
1 009
-
-
total
30 186
51 488
-
-
Dividends
117 781
168 511
-
-
withholding

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

35 050
50 269
-
-
total
35 050
50 269
-
-
Income
220 000
220 000
220 000
220 000
Total tax
108 829
101 757
147 156
124 089
After tax
111 171
118 243
72 844
95 911
Living cost
28 439
28 439
28 439
28 439
Free-cash
82 732
89 804
44 405
67 472

Estimated living cost  is ₽28439 per week

₽18318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
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
₽85731
₽74107
₽74922
₽86486
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
-
-
-
220 000
unemployment
-
-
-
74
municipal
-
-
-
59 236
other
-
-
-
8 566
health
-
-
-
4 600
national
-
-
-
30 852
accident
-
-
-
147
pensions
-
-
-
7 969
total
-
-
-
111 444
Employee
47 926
-
196 839
-
national
-
-
30 401
-
municipal
14 292
-
58 697
-
total
14 292
-
89 098
-
Employer
47 926
-
196 839
-
health
2 947
-
4 533
-
pensions
5 181
-
7 969
-
accident
96
-
147
-
unemployment
1 265
-
1 946
-
other
5 569
-
8 566
-
total
15 058
-
23 161
-
Corporate
157 016
220 000
-
-
income
34 543
48 400
-
-
total
34 543
48 400
-
-
Dividends
122 472
171 600
-
-
withholding
36 742
51 480
-
-
total
36 742
51 480
-
-
Income
220 000
220 000
220 000
220 000
Total tax
100 635
99 880
112 259
111 444
After tax
119 365
120 120
107 741
108 556
Living cost
33 634
33 634
33 634
33 634
Free-cash
85 731
86 486
74 107
74 922

Estimated living cost  is ₽33634 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7532
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
₽55898
₽171619
₽114961
₽96771
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
-
-
-
220 000
income
-
-
-
42 882
social contributions
-
-
-
25 080
total
-
-
-
67 962
Employee
53 163
-
-
-
income
11 727
-
-
-
social contributions
4 359
-
621
-
total
16 086
-
621
-
Employer
53 163
-
-
-
social contributions
74 960
-
10 683
-
total
74 960
-
10 683
-
Corporate
91 877
220 000
-
-
income
20 213
48 400
-
-
total
20 213
48 400
-
-
Dividends
71 664
171 600
-
-
income
15 766
37 752
-
-
total
15 766
37 752
-
-
Income
220 000
220 000
220 000
220 000
Total tax
127 025
86 152
11 304
67 962
After tax
92 975
133 848
208 696
152 038
Living cost
37 077
37 077
37 077
37 077
Free-cash
55 898
96 771
171 619
114 961

Estimated living cost  is ₽37077 per week

₽24057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
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.
₽9060
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
₽131689
₽119223
₽120934
₽134923
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
-
-
-
220 000
income
-
-
-
55 537
health
-
-
-
5 610
social contributions
-
-
-
12 620
total
-
-
-
73 767
Employee
59 977
59 977
209 412
-
health
597
1 020
3 560
-
income
6 298
5 552
54 616
-
social contributions
2 914
4 978
6 714
-
total
9 809
11 550
64 890
-
Employer
59 977
59 977
209 412
-
health
650
1 110
3 874
-
social contributions
2 914
4 978
6 714
-
total
3 564
6 088
10 588
-
Corporate
181 328
153 936
-
-
income
22 666
19 242
-
-
total
22 666
19 242
-
-
Dividends
158 663
134 694
-
-
withholding
26 973
22 898
-
-
total
26 973
22 898
-
-
Income
220 000
220 000
220 000
220 000
Total tax
63 012
59 778
75 478
73 767
After tax
156 988
160 222
144 522
146 233
Living cost
25 299
25 299
25 299
25 299
Free-cash
131 689
134 923
119 223
120 934

Estimated living cost  is ₽25299 per week

₽17294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽5604
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
₽111059
₽91891
₽111321
₽106593
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
-
-
-
220 000
income
-
-
-
72 129
pensions
-
-
-
8 530
total
-
-
-
80 659
Employee
38 461
-
191 376
-
health
502
-
2 436
-
pensions
2 936
-
9 853
-
income
7 004
-
59 175
-
total
10 442
-
71 464
-
Employer
38 461
-
191 376
-
health
731
-
3 637
-
pensions
3 886
-
24 988
-
total
4 617
-
28 625
-
Corporate
176 922
220 000
-
-
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.

33 615
41 800
-
-
total
33 615
41 800
-
-
Dividends
143 308
178 200
-
-
withholding
32 247
43 587
-
-
total
32 247
43 587
-
-
Income
220 000
220 000
220 000
220 000
Total tax
80 921
85 387
100 089
80 659
After tax
139 079
134 613
119 911
139 341
Living cost
28 020
28 020
28 020
28 020
Free-cash
111 059
106 593
91 891
111 321

Estimated living cost  is ₽28020 per week

₽19221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
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.
₽5869
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
₽81262
₽68384
₽74792
₽84809
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
-
-
-
220 000
municipal
-
-
-
1 628
regional
-
-
-
5 766
social contributions
-
-
-
39 038
national
-
-
-
67 704
total
-
-
-
114 136
Employee
65 726
-
220 000
-
social contributions
22 162
-
51 179
-
regional
992
-
5 362
-
national
11 107
-
62 483
-
municipal
392
-
1 520
-
total
34 653
-
120 544
-
Employer
65 726
-
220 000
-
total
-
-
-
-
Corporate
154 274
220 000
-
-
nationa
37 026
52 800
-
-
municipal
7 436
10 604
-
-
total
44 462
63 404
-
-
Dividends
109 812
156 596
-
-
withholding
28 551
40 715
-
-
total
28 551
40 715
-
-
Income
220 000
220 000
220 000
220 000
Total tax
107 666
104 119
120 544
114 136
After tax
112 334
115 881
99 456
105 864
Living cost
31 072
31 072
31 072
31 072
Free-cash
81 262
84 809
68 384
74 792

Estimated living cost  is ₽31072 per week

₽21826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2137
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.
₽6638
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
₽15237
₽105655
₽133249
₽983
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
-
-
-
220 000
pensions
-
-
-
3 184
income
-
-
-
64 584
other
-
-
-
284
health
-
-
-
1 669
accident
-
-
-
193
total
-
-
-
69 914
Employee
26 486
-
203 196
-
health
3 033
-
23 266
-
pensions
2 982
-
5 839
-
income
3 634
-
51 599
-
total
9 649
-
80 704
-
Employer
26 486
-
203 196
-
pensions
4 307
-
8 432
-
accident
442
-
3 394
-
unemployment
649
-
4 978
-
total
5 398
-
16 804
-
Corporate
188 116
220 000
-
-
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.

169 305
198 000
-
-
total
169 305
198 000
-
-
Dividends
18 811
22 000
-
-
withholding
3 574
4 180
-
-
total
3 574
4 180
-
-
Income
220 000
220 000
220 000
220 000
Total tax
187 926
202 180
97 508
69 914
After tax
32 074
17 820
122 492
150 086
Living cost
16 837
16 837
16 837
16 837
Free-cash
15 237
983
105 655
133 249

Estimated living cost  is ₽16837 per week

₽12340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3213
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
₽93179
₽103149
₽76783
₽82974
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.

-
-
-
220 000
trade
-
-
-
26 366
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.

-
-
-
77 165
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.

-
-
-
5 329
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.

-
-
-
4 244
total
-
-
-
113 104
Employee

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

38 809
-
220 000
-
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.

5 329
-
5 329
-
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.

3 191
-
77 165
-
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
-
4 244
-
total
8 696
-
86 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 191
220 000
-
-
income
27 179
33 000
-
-
trade
26 000
31 570
-
-
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.

1 495
1 815
-
-
chamber of commerce
383
441
-
-
total
55 057
66 826
-
-
Dividends
126 134
153 174
-
-
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.

1 718
2 090
-
-
withholding
31 237
37 997
-
-
total
32 955
40 087
-
-
Income
220 000
220 000
220 000
220 000
Total tax
96 708
106 913
86 738
113 104
After tax
123 292
113 087
133 262
106 896
Living cost
30 113
30 113
30 113
30 113
Free-cash
93 179
82 974
103 149
76 783

Estimated living cost  is ₽30113 per week

₽20772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽5663
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
₽153376
₽81766
₽66790
₽159772
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.

-
-
-
220 000
income
-
-
-
51 000
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.

-
-
-
29 884
surtax
-
-
-
56 099
total
-
-
-
136 983
Employee
22 791
-
178 024
-
income
4 057
-
43 993
-
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.

2 507
-
10 225
-
surtax
-
-
25 814
-
total
6 564
-
80 032
-
Employer
22 791
-
178 024
-
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.

5 490
-
22 393
-
surtax
-
-
19 582
-
total
5 490
-
41 975
-
Corporate
191 719
220 000
-
-
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%.

38 343
44 001
-
-
total
38 343
44 001
-
-
Dividends

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

153 375
175 999
-
-
total
-
-
-
-
Income
220 000
220 000
220 000
220 000
Total tax
50 397
44 001
122 007
136 983
After tax
169 603
175 999
97 993
83 017
Living cost
16 227
16 227
16 227
16 227
Free-cash
153 376
159 772
81 766
66 790

Estimated living cost  is ₽16227 per week

₽10352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
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.
₽3961
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
₽125778
₽126617
₽127319
₽127401
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
-
-
-
220 000
income
-
-
-
70 371
health
-
-
-
5 225
pensions
-
-
-
7 206
total
-
-
-
82 802
Employee
15 047
-
211 893
-
health
752
-
1 802
-
unemployment
151
-
360
-
pensions
1 354
-
3 243
-
income
2 911
-
69 992
-
total
5 168
-
75 397
-
Employer
15 047
-
211 893
-
health
1 430
-
3 423
-
pensions
1 655
-
3 963
-
unemployment
301
-
721
-
total
3 386
-
8 107
-
Corporate
201 567
220 000
-
-
income
44 345
48 400
-
-
total
44 345
48 400
-
-
Dividends
157 222
171 600
-
-
withholding
31 444
34 320
-
-
total
31 444
34 320
-
-
Income
220 000
220 000
220 000
220 000
Total tax
84 343
82 720
83 504
82 802
After tax
135 657
137 280
136 496
137 198
Living cost
9 879
9 879
9 879
9 879
Free-cash
125 778
127 401
126 617
127 319

Estimated living cost  is ₽9879 per week

₽5871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽801
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽226
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2981
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
₽118381
₽80728
₽85497
₽120860
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
-
-
-
220 000
pensions
-
-
-
20 820
unemployment
-
-
-
178
income
-
-
-
75 272
other
-
-
-
-
health
-
-
-
7 390
surtax
-
-
-
13 324
total
-
-
-
116 984
Employee
26 267
-
198 088
-
health
671
-
2 654
-
unemployment
1 828
-
7 245
-
pensions
1 753
-
6 943
-
income
4 403
-
70 608
-
other
-
-
-
-
surtax
93
-
12 392
-
total
8 748
-
99 842
-
Employer
26 267
-
198 088
-
health
1 194
-
4 736
-
pensions
3 502
-
13 876
-
unemployment
833
-
3 299
-
other
-
-
-
-
total
5 529
-
21 911
-
Corporate
188 203
220 000
-
-
income
48 932
57 201
-
-
total
48 932
57 201
-
-
Dividends
139 271
162 799
-
-
withholding
20 891
24 420
-
-
total
20 891
24 420
-
-
Income
220 000
220 000
220 000
220 000
Total tax
84 100
81 621
121 753
116 984
After tax
135 900
138 379
98 247
103 016
Living cost
17 519
17 519
17 519
17 519
Free-cash
118 381
120 860
80 728
85 497

Estimated living cost  is ₽17519 per week

₽10577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1523
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.
₽5013
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
₽95750
₽31621
₽87247
₽96139
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
-
-
-
220 000
pensions
-
-
-
16 857