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
₽ 221000
per

Your estimated
City
free-cash

Valencia , Spain
₽121300
₽98256
₽101546
₽124759
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
-
-
-
221 000
unemployment
-
-
-
509
income
-
-
-
76 111
other
-
-
-
73
accident
-
-
-
654
pensions
-
-
-
20 556
total
-
-
-
97 903
Employee
28 978
-
197 842
-
unemployment
449
-
1 126
-
pensions
1 362
-
3 415
-
income
5 587
-
73 421
-
other
28
-
73
-
total
7 426
-
78 035
-
Employer
28 978
-
197 842
-
pensions
6 838
-
17 143
-
accident
574
-
1 438
-
unemployment
1 594
-
3 995
-
other
232
-
582
-
total
9 238
-
23 158
-
Corporate
182 783
221 000
-
-
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.

27 417
33 150
-
-
total
27 417
33 150
-
-
Dividends
155 366
187 850
-
-
withholding
34 068
41 540
-
-
total
34 068
41 540
-
-
Income
221 000
221 000
221 000
221 000
Total tax
78 149
74 690
101 193
97 903
After tax
142 851
146 310
119 807
123 097
Living cost
21 551
21 551
21 551
21 551
Free-cash
121 300
124 759
98 256
101 546

Estimated living cost  is ₽21551 per week

₽14547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
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.
₽4555
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
₽136193
₽116830
₽118554
₽141486
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
-
-
-
221 000
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.

-
-
-
28 602
income
-
-
-
42 057
other
-
-
-
5 660
health
-
-
-
5 244
total
-
-
-
81 563
Employee
28 456
-
190 399
-
health
399
-
1 669
-
unemployment
284
-
1 191
-
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.

1 991
-
8 342
-
income
4 899
-
41 483
-
total
7 573
-
52 685
-
Employer
28 456
-
190 399
-
health
399
-
1 669
-
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.

4 838
-
20 261
-
accident
228
-
1 523
-
unemployment
284
-
1 191
-
other
1 423
-
5 958
-
total
7 172
-
30 602
-
Corporate
185 373
221 000
-
-
income
38 928
46 410
-
-
total
38 928
46 410
-
-
Dividends
146 445
174 590
-
-
withholding
10 251
12 221
-
-
total
10 251
12 221
-
-
Income
221 000
221 000
221 000
221 000
Total tax
63 924
58 631
83 287
81 563
After tax
157 076
162 369
137 713
139 437
Living cost
20 883
20 883
20 883
20 883
Free-cash
136 193
141 486
116 830
118 554

Estimated living cost  is ₽20883 per week

₽14755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
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.
₽4381
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
₽175044
₽179835
₽170273
₽178684
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
-
-
-
221 000
pensions

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

-
-
-
4 050
unemployment
-
-
-
109
income
-
-
-
33 150
health
-
-
-
3 147
total
-
-
-
40 456
Employee
13 600
-
215 632
-
health
626
-
1 259
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
pensions

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

1 194
-
2 403
-
income
1 360
-
21 563
-
total
3 330
-
25 526
-
Employer
13 600
-
215 632
-
health
939
-
1 888
-
pensions

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

1 499
-
3 015
-
accident

We are using the highest rate at 1.1%.

150
-
301
-
unemployment
81
-
164
-
total
2 669
-
5 368
-
Corporate
204 732
221 000
-
-
income
20 473
22 100
-
-
total
20 473
22 100
-
-
Dividends
184 259
198 900
-
-
withholding
9 213
9 945
-
-
total
9 213
9 945
-
-
Income
221 000
221 000
221 000
221 000
Total tax
35 685
32 045
30 894
40 456
After tax
185 315
188 955
190 106
180 544
Living cost
10 270
10 270
10 270
10 270
Free-cash
175 044
178 684
179 835
170 273

Estimated living cost  is ₽10270 per week

₽5996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽272
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.
₽3269
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
₽89202
₽80941
₽90247
₽84570
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
-
-
-
221 000
income
-
-
-
47 356
other
-
-
-
6 852
health
-
-
-
11 934
social contributions
-
-
-
6 297
pensions
-
-
-
31 501
surtax
-
-
-
-
total
-
-
-
103 940
Employee
33 541
-
166 616
-
pensions
3 792
-
13 419
-
income
1 980
-
40 700
-
social contributions
956
-
4 747
-
surtax
-
-
-
-
total
6 728
-
58 866
-
Employer
33 541
-
166 616
-
health
2 348
-
17 587
-
social contributions
101
-
500
-
pensions
5 510
-
22 264
-
unemployment
1 358
-
6 748
-
other
1 157
-
7 281
-
total
10 474
-
54 380
-
Corporate
176 984
221 000
-
-
income
49 556
61 881
-
-
surtax
-
-
-
-
total
49 556
61 881
-
-
Dividends
127 428
159 119
-
-
social contributions
21 917
27 368
-
-
surtax
-
-
-
-
withholding
16 310
20 368
-
-
total
38 227
47 736
-
-
Income
221 000
221 000
221 000
221 000
Total tax
104 985
109 617
113 246
103 940
After tax
116 015
111 383
107 754
117 060
Living cost
26 813
26 813
26 813
26 813
Free-cash
89 202
84 570
80 941
90 247

Estimated living cost  is ₽26813 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽7271
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
₽73021
₽108428
₽83408
₽77822
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
-
-
-
221 000
pensions
-
-
-
9 182
income
-
-
-
85 915
health
-
-
-
9 664
total
-
-
-
104 761
Employee
66 925
66 925
206 436
-
health
10 272
8 737
9 664
-
pensions
12 047
9 182
9 182
-
income

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

10 955
10 955
46 330
-
total
33 274
28 874
65 176
-
Employer
66 925
66 925
206 436
-
health
4 652
4 652
5 781
-
pensions
4 658
4 658
5 790
-
unemployment
2 409
2 409
2 994
-
total
11 719
11 719
14 565
-
Corporate
143 176
142 355
-
-
income
28 635
28 472
-
-
total
28 635
28 472
-
-
Dividends
114 541
113 884
-
-
income
24 340
24 200
-
-
withholding
17 180
17 082
-
-
total
41 520
41 282
-
-
Income
221 000
221 000
221 000
221 000
Total tax
115 148
110 347
79 741
104 761
After tax
105 852
110 653
141 259
116 239
Living cost
32 831
32 831
32 831
32 831
Free-cash
73 021
77 822
108 428
83 408

Estimated living cost  is ₽32831 per week

₽23266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽6083
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
₽96258
₽110135
₽81066
₽87590
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.

-
-
-
221 000
trade
-
-
-
29 069
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.

-
-
-
77 511
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.

-
-
-
5 354
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.

-
-
-
4 262
total
-
-
-
116 196
Employee

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

29 975
-
221 000
-
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.

5 354
-
5 354
-
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.

837
-
77 511
-
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
-
4 262
-
total
6 237
-
87 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 025
221 000
-
-
income
28 654
33 150
-
-
trade
30 087
34 807
-
-
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.

1 576
1 823
-
-
chamber of commerce
394
437
-
-
total
60 711
70 217
-
-
Dividends
130 313
150 782
-
-
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.

1 776
2 057
-
-
withholding
32 280
37 398
-
-
total
34 056
39 455
-
-
Income
221 000
221 000
221 000
221 000
Total tax
101 004
109 672
87 127
116 196
After tax
119 996
111 328
133 873
104 804
Living cost
23 738
23 738
23 738
23 738
Free-cash
96 258
87 590
110 135
81 066

Estimated living cost  is ₽23738 per week

₽14932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
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.
₽5595
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
₽138542
₽127035
₽128756
₽142804
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
-
-
-
221 000
income
-
-
-
55 784
health
-
-
-
5 635
social contributions
-
-
-
12 680
total
-
-
-
74 099
Employee
60 263
60 263
210 362
-
health
467
1 025
3 577
-
income
6 562
5 579
54 859
-
social contributions
2 278
5 002
6 746
-
total
9 307
11 606
65 182
-
Employer
60 263
60 263
210 362
-
health
507
1 115
3 892
-
social contributions
2 278
5 002
6 746
-
total
2 785
6 117
10 638
-
Corporate
190 762
154 620
-
-
income
23 845
19 328
-
-
total
23 845
19 328
-
-
Dividends
166 918
135 292
-
-
withholding
28 376
23 000
-
-
total
28 376
23 000
-
-
Income
221 000
221 000
221 000
221 000
Total tax
64 313
60 051
75 820
74 099
After tax
156 687
160 949
145 180
146 901
Living cost
18 145
18 145
18 145
18 145
Free-cash
138 542
142 804
127 035
128 756

Estimated living cost  is ₽18145 per week

₽10875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
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.
₽5089
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
₽100335
₽69525
₽88450
₽101123
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.

-
-
-
221 000
income
-
-
-
31 170
social contributions

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

-
-
-
76 798
surtax
-
-
-
-
total
-
-
-
107 968
Employee
36 044
-
178 586
-
income
7 497
-
63 835
-
social contributions
3 965
-
19 645
-
surtax
-
-
999
-
total
11 462
-
84 479
-
Employer
36 044
-
178 586
-
social contributions
8 560
-
42 414
-
total
8 560
-
42 414
-
Corporate
176 395
221 000
-
-
income
37 042
46 410
-
-
surtax
-
-
-
-
total
37 042
46 410
-
-
Dividends
139 353
174 590
-
-
withholding
39 019
48 885
-
-
total
39 019
48 885
-
-
Income
221 000
221 000
221 000
221 000
Total tax
96 083
95 295
126 893
107 968
After tax
124 917
125 705
94 107
113 032
Living cost
24 582
24 582
24 582
24 582
Free-cash
100 335
101 123
69 525
88 450

Estimated living cost  is ₽24582 per week

₽18393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
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.
₽4329
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
₽202738
₽170726
₽212716
₽203876
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%.

-
-
-
221 000
microenterprise

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

-
-
-
2 210
total
-
-
-
2 210
Employee
7 592
-
221 000
-
income
1 518
-
44 200
-
total
1 518
-
44 200
-
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%.

213 408
221 000
-
-
total
-
-
-
-
Dividends
213 408
221 000
-
-
withholding
10 670
11 050
-
-
total
10 670
11 050
-
-
Income
221 000
221 000
221 000
221 000
Total tax
12 188
11 050
44 200
2 210
After tax
208 812
209 950
176 800
218 790
Living cost
6 074
6 074
6 074
6 074
Free-cash
202 738
203 876
170 726
212 716

Estimated living cost  is ₽6074 per week

₽3764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽167
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.
₽1638
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
₽124582
₽72066
₽76866
₽131137
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.

-
-
-
221 000
pensions
-
-
-
40 360
unemployment
-
-
-
332
income
-
-
-
60 675
health
-
-
-
21 746
total
-
-
-
123 113
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.

34 656
-
191 226
-
health
2 238
-
12 354
-
unemployment
49
-
268
-
pensions
5 372
-
29 640
-
income
5 976
-
55 876
-
total
13 635
-
98 138
-
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.

34 656
-
191 226
-
health
2 308
-
12 737
-
pensions
3 067
-
16 923
-
unemployment
21
-
115
-
total
5 396
-
29 775
-
Corporate
180 949
221 000
-
-
income
34 380
41 990
-
-
total
34 380
41 990
-
-
Dividends
146 568
179 010
-
-
withholding
21 986
26 852
-
-
total
21 986
26 852
-
-
Income
221 000
221 000
221 000
221 000
Total tax
75 397
68 842
127 913
123 113
After tax
145 603
152 158
93 087
97 887
Living cost
21 021
21 021
21 021
21 021
Free-cash
124 582
131 137
72 066
76 866

Estimated living cost  is ₽21021 per week

₽14426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1347
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4841
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
₽113800
₽123624
₽154446
₽111062
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.

-
-
-
221 000
income
-
-
-
33 150
health

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

-
-
-
4 955
total
-
-
-
38 105
Employee
35 952
-
217 395
-
social contributions
3 602
-
3 605
-
income
3 901
-
61 717
-
total
7 503
-
65 322
-
Employer
35 952
-
217 395
-
social contributions
3 602
-
3 605
-
total
3 602
-
3 605
-
Corporate
181 446
221 000
-
-
income
63 506
77 349
-
-
total
63 506
77 349
-
-
Dividends
117 940
143 651
-
-
social contributions
4 140
4 140
-
-
total
4 140
4 140
-
-
Income
221 000
221 000
221 000
221 000
Total tax
78 751
81 489
68 927
38 105
After tax
142 249
139 511
152 073
182 895
Living cost
28 449
28 449
28 449
28 449
Free-cash
113 800
111 062
123 624
154 446

Estimated living cost  is ₽28449 per week

₽18739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7030
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
₽118616
₽64118
₽125307
₽118212
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
-
-
-
221 000
income
-
-
-
33 150
health
-
-
-
15 426
social contributions
-
-
-
30 499
total
-
-
-
79 075
Employee
26 572
-
221 000
-
health
1 855
-
15 426
-
income
4 432
-
94 339
-
social contributions
3 668
-
30 499
-
total
9 955
-
140 264
-
Employer
26 572
-
221 000
-
total
-
-
-
-
Corporate
194 428
221 000
-
-
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%.

9 722
11 050
-
-
total
9 722
11 050
-
-
Dividends
184 706
209 950
-
-
social contributions
25 490
28 973
-
-
withholding
27 706
31 492
-
-
health
12 893
14 655
-
-
total
66 089
75 120
-
-
Income
221 000
221 000
221 000
221 000
Total tax
85 766
86 170
140 264
79 075
After tax
135 234
134 830
80 736
141 925
Living cost
16 618
16 618
16 618
16 618
Free-cash
118 616
118 212
64 118
125 307

Estimated living cost  is ₽16618 per week

₽11121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1025
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
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.
₽4088
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
₽122397
₽102978
₽113332
₽130222
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
-
-
-
221 000
income
-
-
-
24 832
health
-
-
-
29 835
social contributions
-
-
-
25 617
solidarity contribution
-
-
-
5 447
total
-
-
-
85 731
Employee
32 261
-
182 631
-
health
4 355
-
24 655
-
solidarity contribution
-
-
4 518
-
income
3 871
-
22 841
-
social contributions
2 097
-
5 702
-
total
10 323
-
57 716
-
Employer
32 261
-
182 631
-
health
2 903
-
16 437
-
social contributions
8 065
-
21 932
-
total
10 968
-
38 369
-
Corporate
177 771
221 000
-
-
income
33 776
41 990
-
-
total
33 776
41 990
-
-
Dividends
143 994
179 010
-
-
withholding
21 599
26 851
-
-
total
21 599
26 851
-
-
Income
221 000
221 000
221 000
221 000
Total tax
76 666
68 841
96 085
85 731
After tax
144 334
152 159
124 915
135 269
Living cost
21 937
21 937
21 937
21 937
Free-cash
122 397
130 222
102 978
113 332

Estimated living cost  is ₽21937 per week

₽16314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
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.
₽4029
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
₽198711
₽167335
₽209325
₽200485
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%.

-
-
-
221 000
microenterprise

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

-
-
-
2 210
total
-
-
-
2 210
Employee
11 832
-
221 000
-
income
2 366
-
44 200
-
total
2 366
-
44 200
-
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%.

209 168
221 000
-
-
total
-
-
-
-
Dividends
209 168
221 000
-
-
withholding
10 458
11 050
-
-
total
10 458
11 050
-
-
Income
221 000
221 000
221 000
221 000
Total tax
12 824
11 050
44 200
2 210
After tax
208 176
209 950
176 800
218 790
Living cost
9 465
9 465
9 465
9 465
Free-cash
198 711
200 485
167 335
209 325

Estimated living cost  is ₽9465 per week

₽6405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽317
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.
₽2345
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
₽78921
₽69902
₽79208
₽73531
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
-
-
-
221 000
income
-
-
-
47 356
other
-
-
-
6 852
health
-
-
-
11 934
social contributions
-
-
-
6 297
pensions
-
-
-
31 501
surtax
-
-
-
-
total
-
-
-
103 940
Employee
49 085
-
166 616
-
pensions
5 552
-
13 419
-
income
4 283
-
40 700
-
social contributions
1 398
-
4 747
-
surtax
-
-
-
-
total
11 233
-
58 866
-
Employer
49 085
-
166 616
-
health
3 435
-
17 587
-
social contributions
147
-
500
-
pensions
8 065
-
22 264
-
unemployment
1 988
-
6 748
-
other
1 694
-
7 281
-
total
15 329
-
54 380
-
Corporate
156 585
221 000
-
-
income
43 844
61 881
-
-
surtax
-
-
-
-
total
43 844
61 881
-
-
Dividends
112 741
159 119
-
-
social contributions
19 390
27 368
-
-
surtax
-
-
-
-
withholding
14 431
20 368
-
-
total
33 821
47 736
-
-
Income
221 000
221 000
221 000
221 000
Total tax
104 227
109 617
113 246
103 940
After tax
116 773
111 383
107 754
117 060
Living cost
37 852
37 852
37 852
37 852
Free-cash
78 921
73 531
69 902
79 208

Estimated living cost  is ₽37852 per week

₽25618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
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
₽142315
₽133675
₽133675
₽146160
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.

-
-
-
221 000
pensions
-
-
-
15 013
unemployment
-
-
-
866
income
-
-
-
51 986
health
-
-
-
5 948
total
-
-
-
73 813
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.

20 376
-
210 664
-
health
1 049
-
2 974
-
unemployment
153
-
433
-
pensions
2 853
-
8 084
-
income
2 809
-
51 986
-
total
6 864
-
63 477
-
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.

20 376
-
210 664
-
health
1 049
-
2 974
-
pensions
2 445
-
6 929
-
unemployment
153
-
433
-
total
3 647
-
10 336
-
Corporate
196 977
221 000
-
-
income
29 547
33 150
-
-
total
29 547
33 150
-
-
Dividends
167 431
187 850
-
-
withholding
25 115
28 178
-
-
total
25 115
28 178
-
-
Income
221 000
221 000
221 000
221 000
Total tax
65 173
61 328
73 813
73 813
After tax
155 827
159 672
147 187
147 187
Living cost
13 512
13 512
13 512
13 512
Free-cash
142 315
146 160
133 675
133 675

Estimated living cost  is ₽13512 per week

₽9098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
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.
₽2978
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
₽70569
₽111645
₽116646
₽47769
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
-
-
-
221 000
pensions
-
-
-
20 333
city
-
-
-
2 334
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.

-
-
-
4 057
health
-
-
-
497
regional
-
-
-
14 543
national
-
-
-
9 301
total
-
-
-
51 065
Employee
62 361
-
200 459
-
health
141
-
452
-
unemployment
-
-
-
-
city
669
-
2 188
-
pensions
5 239
-
13 875
-
regional
2 042
-
13 249
-
national
295
-
7 966
-
total
8 386
-
37 730
-
Employer
62 361
-
200 459
-
health
141
-
452
-
pensions
5 239
-
13 875
-
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.

1 247
-
4 009
-
total
6 627
-
18 336
-
Corporate
151 326
221 000
-
-
regional
32 006
46 741
-
-
national
12 863
18 785
-
-
total
44 869
65 526
-
-
Dividends
106 457
155 474
-
-
withholding
37 260
54 416
-
-
total
37 260
54 416
-
-
Income
221 000
221 000
221 000
221 000
Total tax
97 142
119 942
56 066
51 065
After tax
123 858
101 058
164 934
169 935
Living cost
53 289
53 289
53 289
53 289
Free-cash
70 569
47 769
111 645
116 646

Estimated living cost  is ₽53289 per week

₽34653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
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.
₽13199
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
₽105660
₽75086
₽100400
₽101298
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

-
-
-
221 000
municipal
-
-
-
39 226
health
-
-
-
3 076
national
-
-
-
48 209
total
-
-
-
90 511
Employee
41 232
-
185 916
-
health
308
-
2 536
-
unemployment
619
-
2 789
-
pensions
2 783
-
12 549
-
national
681
-
32 620
-
municipal
6 754
-
30 247
-
total
11 145
-
80 741
-
Employer
41 232
-
185 916
-
health
317
-
1 432
-
pensions
7 154
-
32 257
-
accident
42
-
186
-
unemployment
268
-
1 209
-
total
7 781
-
35 084
-
Corporate
171 988
221 000
-
-
income
34 398
44 200
-
-
total
34 398
44 200
-
-
Dividends

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

103 192
132 600
-
-
municipal
18 574
23 869
-
-
national
13 353
21 544
-
-
total
31 927
45 413
-
-
Income
221 000
221 000
221 000
221 000
Total tax
85 251
89 613
115 825
90 511
After tax
135 749
131 387
105 175
130 489
Living cost
30 089
30 089
30 089
30 089
Free-cash
105 660
101 298
75 086
100 400

Estimated living cost  is ₽30089 per week

₽19654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
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.
₽7063
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
₽83097
₽44601
₽67773
₽90206
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
-
-
-
221 000
communal

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

-
-
-
12 088
social contributions
-
-
-
19 539
national
-
-
-
93 025
total
-
-
-
124 652
Employee

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

56 059
-
171 172
-
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.

2 634
-
8 046
-
communal

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

2 924
-
8 928
-
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.

488
-
1 489
-
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.

4 204
-
12 838
-
national
17 235
-
66 695
-
total
27 485
-
97 996
-
Employer

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

56 059
-
171 172
-
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.

3 447
-
10 528
-
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.

4 967
-
15 165
-
surtax
6 356
-
19 411
-
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.

729
-
2 225
-
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.

818
-
2 499
-
total
16 317
-
49 828
-
Corporate
148 623
221 000
-
-
income
29 725
50 706
-
-
surtax
595
1 014
-
-
total
30 320
51 720
-
-
Dividends
118 303
169 280
-
-
withholding

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

35 206
50 499
-
-
total
35 206
50 499
-
-
Income
221 000
221 000
221 000
221 000
Total tax
109 328
102 219
147 824
124 652
After tax
111 672
118 781
73 176
96 348
Living cost
28 575
28 575
28 575
28 575
Free-cash
83 097
90 206
44 601
67 773

Estimated living cost  is ₽28575 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
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.
₽7223
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
₽85890
₽74274
₽75098
₽86654
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
-
-
-
221 000
unemployment
-
-
-
75
municipal
-
-
-
59 463
other
-
-
-
8 662
health
-
-
-
4 651
national
-
-
-
30 831
accident
-
-
-
149
pensions
-
-
-
8 058
total
-
-
-
111 889
Employee
48 465
-
197 578
-
national
-
-
30 375
-
municipal
14 452
-
58 918
-
total
14 452
-
89 293
-
Employer
48 465
-
197 578
-
health
2 981
-
4 584
-
pensions
5 239
-
8 058
-
accident
97
-
149
-
unemployment
1 279
-
1 968
-
other
5 632
-
8 662
-
total
15 228
-
23 421
-
Corporate
157 308
221 000
-
-
income
34 608
48 620
-
-
total
34 608
48 620
-
-
Dividends
122 700
172 380
-
-
withholding
36 810
51 714
-
-
total
36 810
51 714
-
-
Income
221 000
221 000
221 000
221 000
Total tax
101 098
100 334
112 714
111 889
After tax
119 902
120 666
108 286
109 111
Living cost
34 012
34 012
34 012
34 012
Free-cash
85 890
86 654
74 274
75 098

Estimated living cost  is ₽34012 per week

₽22542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
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.
₽7616
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
₽54824
₽171574
₽114852
₽96579
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
-
-
-
221 000
income
-
-
-
43 077
social contributions
-
-
-
25 194
total
-
-
-
68 271
Employee
54 310
-
-
-
income
11 980
-
-
-
social contributions
4 453
-
635
-
total
16 433
-
635
-
Employer
54 310
-
-
-
social contributions
76 578
-
10 914
-
total
76 578
-
10 914
-
Corporate
90 112
221 000
-
-
income
19 825
48 620
-
-
total
19 825
48 620
-
-
Dividends
70 288
172 380
-
-
income
15 463
37 924
-
-
total
15 463
37 924
-
-
Income
221 000
221 000
221 000
221 000
Total tax
128 299
86 544
11 549
68 271
After tax
92 701
134 456
209 451
152 729
Living cost
37 877
37 877
37 877
37 877
Free-cash
54 824
96 579
171 574
114 852

Estimated living cost  is ₽37877 per week

₽24576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
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.
₽9256
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
₽132283
₽119761
₽121482
₽135530
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
-
-
-
221 000
income
-
-
-
55 784
health
-
-
-
5 635
social contributions
-
-
-
12 680
total
-
-
-
74 099
Employee
60 263
60 263
210 362
-
health
599
1 025
3 577
-
income
6 328
5 579
54 859
-
social contributions
2 928
5 002
6 746
-
total
9 855
11 606
65 182
-
Employer
60 263
60 263
210 362
-
health
653
1 115
3 892
-
social contributions
2 928
5 002
6 746
-
total
3 581
6 117
10 638
-
Corporate
182 143
154 620
-
-
income
22 768
19 328
-
-
total
22 768
19 328
-
-
Dividends
159 375
135 292
-
-
withholding
27 094
23 000
-
-
total
27 094
23 000
-
-
Income
221 000
221 000
221 000
221 000
Total tax
63 298
60 051
75 820
74 099
After tax
157 702
160 949
145 180
146 901
Living cost
25 419
25 419
25 419
25 419
Free-cash
132 283
135 530
119 761
121 482

Estimated living cost  is ₽25419 per week

₽17377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
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.
₽5631
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
₽111570
₽92316
₽111835
₽107085
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
-
-
-
221 000
income
-
-
-
72 462
pensions
-
-
-
8 567
total
-
-
-
81 029
Employee
38 621
-
192 245
-
health
504
-
2 448
-
pensions
2 948
-
9 896
-
income
7 033
-
59 450
-
total
10 485
-
71 794
-
Employer
38 621
-
192 245
-
health
734
-
3 653
-
pensions
3 902
-
25 101
-
total
4 636
-
28 754
-
Corporate
177 743
221 000
-
-
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.

33 771
41 990
-
-
total
33 771
41 990
-
-
Dividends
143 972
179 010
-
-
withholding
32 402
43 789
-
-
total
32 402
43 789
-
-
Income
221 000
221 000
221 000
221 000
Total tax
81 294
85 779
100 548
81 029
After tax
139 706
135 221
120 452
139 971
Living cost
28 136
28 136
28 136
28 136
Free-cash
111 570
107 085
92 316
111 835

Estimated living cost  is ₽28136 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5894
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
₽81622
₽68684
₽75120
₽85186
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
-
-
-
221 000
municipal
-
-
-
1 636
regional
-
-
-
5 792
social contributions
-
-
-
39 224
national
-
-
-
68 007
total
-
-
-
114 659
Employee
66 040
-
221 000
-
social contributions
22 268
-
51 424
-
regional
997
-
5 385
-
national
11 160
-
62 760
-
municipal
394
-
1 526
-
total
34 819
-
121 095
-
Employer
66 040
-
221 000
-
total
-
-
-
-
Corporate
154 960
221 000
-
-
nationa
37 191
53 041
-
-
municipal
7 469
10 652
-
-
total
44 660
63 693
-
-
Dividends
110 300
157 308
-
-
withholding
28 678
40 900
-
-
total
28 678
40 900
-
-
Income
221 000
221 000
221 000
221 000
Total tax
108 157
104 593
121 095
114 659
After tax
112 843
116 407
99 905
106 341
Living cost
31 221
31 221
31 221
31 221
Free-cash
81 622
85 186
68 684
75 120

Estimated living cost  is ₽31221 per week

₽21931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽6670
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
₽15332
₽106363
₽134027
₽1164
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
-
-
-
221 000
pensions
-
-
-
3 165
income
-
-
-
64 938
other
-
-
-
282
health
-
-
-
1 659
accident
-
-
-
192
total
-
-
-
70 236
Employee
26 328
-
204 205
-
health
3 015
-
23 382
-
pensions
2 965
-
5 804
-
income
3 612
-
51 920
-
total
9 592
-
81 106
-
Employer
26 328
-
204 205
-
pensions
4 281
-
8 381
-
accident
440
-
3 410
-
unemployment
645
-
5 003
-
total
5 366
-
16 794
-
Corporate
189 307
221 000
-
-
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.

170 376
198 900
-
-
total
170 376
198 900
-
-
Dividends
18 931
22 100
-
-
withholding
3 597
4 199
-
-
total
3 597
4 199
-
-
Income
221 000
221 000
221 000
221 000
Total tax
188 931
203 099
97 900
70 236
After tax
32 069
17 901
123 100
150 764
Living cost
16 737
16 737
16 737
16 737
Free-cash
15 332
1 164
106 363
134 027

Estimated living cost  is ₽16737 per week

₽12267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
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.
₽3194
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
₽93598
₽103616
₽77131
₽83343
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.

-
-
-
221 000
trade
-
-
-
26 485
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.

-
-
-
77 511
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.

-
-
-
5 354
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.

-
-
-
4 262
total
-
-
-
113 612
Employee

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

38 994
-
221 000
-
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.

5 354
-
5 354
-
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.

3 206
-
77 511
-
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.

177
-
4 262
-
total
8 737
-
87 127
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 006
221 000
-
-
income
27 301
33 150
-
-
trade
26 117
31 714
-
-
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.

1 502
1 823
-
-
chamber of commerce
385
443
-
-
total
55 305
67 130
-
-
Dividends
126 700
153 869
-
-
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.

1 725
2 100
-
-
withholding
31 378
38 170
-
-
total
33 103
40 270
-
-
Income
221 000
221 000
221 000
221 000
Total tax
97 145
107 400
87 127
113 612
After tax
123 855
113 600
133 873
107 388
Living cost
30 257
30 257
30 257
30 257
Free-cash
93 598
83 343
103 616
77 131

Estimated living cost  is ₽30257 per week

₽20872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5690
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
₽154069
₽82132
₽67086
₽160496
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.

-
-
-
221 000
income
-
-
-
51 227
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.

-
-
-
30 027
surtax
-
-
-
56 356
total
-
-
-
137 610
Employee
22 900
-
178 828
-
income
4 076
-
44 188
-
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.

2 519
-
10 274
-
surtax
-
-
25 930
-
total
6 595
-
80 392
-
Employer
22 900
-
178 828
-
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.

5 516
-
22 500
-
surtax
-
-
19 672
-
total
5 516
-
42 172
-
Corporate
192 584
221 000
-
-
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%.

38 516
44 200
-
-
total
38 516
44 200
-
-
Dividends

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

154 067
176 800
-
-
total
-
-
-
-
Income
221 000
221 000
221 000
221 000
Total tax
50 627
44 200
122 564
137 610
After tax
170 373
176 800
98 436
83 390
Living cost
16 304
16 304
16 304
16 304
Free-cash
154 069
160 496
82 132
67 086

Estimated living cost  is ₽16304 per week

₽10402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
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.
₽3980
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
₽126560
₽127492
₽128186
₽128161
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
-
-
-
221 000
income
-
-
-
70 812
health
-
-
-
5 152
pensions
-
-
-
7 107
total
-
-
-
83 071
Employee
14 840
-
213 005
-
health
742
-
1 777
-
unemployment
148
-
355
-
pensions
1 336
-
3 198
-
income
2 871
-
70 439
-
total
5 097
-
75 769
-
Employer
14 840
-
213 005
-
health
1 410
-
3 376
-
pensions
1 632
-
3 909
-
unemployment
297
-
711
-
total
3 339
-
7 996
-
Corporate
202 821
221 000
-
-
income
44 621
48 620
-
-
total
44 621
48 620
-
-
Dividends
158 201
172 380
-
-
withholding
31 640
34 476
-
-
total
31 640
34 476
-
-
Income
221 000
221 000
221 000
221 000
Total tax
84 697
83 096
83 765
83 071
After tax
136 303
137 904
137 235
137 929
Living cost
9 743
9 743
9 743
9 743
Free-cash
126 560
128 161
127 492
128 186

Estimated living cost  is ₽9743 per week

₽5790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
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.
₽2940
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
₽118912
₽81090
₽85881
₽121406
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
-
-
-
221 000
pensions
-
-
-
20 919
unemployment
-
-
-
178
income
-
-
-
75 609
other
-
-
-
-
health
-
-
-
7 426
surtax
-
-
-
13 384
total
-
-
-
117 516
Employee
26 392
-
198 983
-
health
674
-
2 667
-
unemployment
1 837
-
7 280
-
pensions
1 761
-
6 977
-
income
4 425
-
70 921
-
other
-
-
-
-
surtax
94
-
12 445
-
total
8 791
-
100 290
-
Employer
26 392
-
198 983
-
health
1 200
-
4 759
-
pensions
3 519
-
13 943
-
unemployment
837
-
3 315
-
other
-
-
-
-
total
5 556
-
22 017
-
Corporate
189 051
221 000
-
-
income
49 153
57 461
-
-
total
49 153
57 461
-
-
Dividends
139 898
163 539
-
-
withholding
20 985
24 530
-
-
total
20 985
24 530
-
-
Income
221 000
221 000
221 000
221 000
Total tax
84 485
81 991
122 307
117 516
After tax
136 515
139 009
98 693
103 484
Living cost
17 603
17 603
17 603
17 603
Free-cash
118 912
121 406
81 090
85 881

Estimated living cost  is ₽17603 per week

₽10628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1530
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.
₽5037
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
₽96179
₽31761
₽87641
₽96567
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
-
-
-
221 000
pensions
-
-
-
16 938