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
₽ 235000
per

Your estimated
City
free-cash

Valencia , Spain
₽130393
₽105887
₽109185
₽133864
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
-
-
-
235 000
unemployment
-
-
-
510
income
-
-
-
82 343
other
-
-
-
73
accident
-
-
-
656
pensions
-
-
-
20 618
total
-
-
-
104 200
Employee
29 064
-
211 773
-
unemployment
450
-
1 129
-
pensions
1 366
-
3 425
-
income
5 603
-
79 645
-
other
28
-
73
-
total
7 447
-
84 272
-
Employer
29 064
-
211 773
-
pensions
6 859
-
17 194
-
accident
576
-
1 442
-
unemployment
1 599
-
4 007
-
other
233
-
583
-
total
9 267
-
23 226
-
Corporate
196 669
235 000
-
-
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.

29 500
35 249
-
-
total
29 500
35 249
-
-
Dividends
167 169
199 751
-
-
withholding
36 778
44 272
-
-
total
36 778
44 272
-
-
Income
235 000
235 000
235 000
235 000
Total tax
82 992
79 521
107 498
104 200
After tax
152 008
155 479
127 502
130 800
Living cost
21 615
21 615
21 615
21 615
Free-cash
130 393
133 864
105 887
109 185

Estimated living cost  is ₽21615 per week

₽14590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Bratislava , Slovakia
₽146402
₽127105
₽128913
₽151710
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
-
-
-
235 000
pensions

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

-
-
-
28 687
income
-
-
-
45 518
other
-
-
-
5 677
health
-
-
-
5 260
total
-
-
-
85 142
Employee
28 540
-
204 202
-
health
400
-
1 674
-
unemployment
285
-
1 195
-
pensions

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

1 997
-
8 367
-
income
4 914
-
44 915
-
total
7 596
-
56 151
-
Employer
28 540
-
204 202
-
health
400
-
1 674
-
pensions

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

4 852
-
20 321
-
accident
228
-
1 633
-
unemployment
285
-
1 195
-
other
1 428
-
5 976
-
total
7 193
-
30 799
-
Corporate
199 267
235 000
-
-
income
41 845
49 350
-
-
total
41 845
49 350
-
-
Dividends
157 422
185 650
-
-
withholding
11 019
12 995
-
-
total
11 019
12 995
-
-
Income
235 000
235 000
235 000
235 000
Total tax
67 653
62 345
86 950
85 142
After tax
167 347
172 655
148 050
149 858
Living cost
20 945
20 945
20 945
20 945
Free-cash
146 402
151 710
127 105
128 913

Estimated living cost  is ₽20945 per week

₽14799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Varna , Bulgaria
₽186974
₽192378
₽182120
₽190623
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
-
-
-
235 000
pensions

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

-
-
-
4 062
unemployment
-
-
-
110
income
-
-
-
35 250
health
-
-
-
3 156
total
-
-
-
42 578
Employee
13 641
-
229 615
-
health
627
-
1 262
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
pensions

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

1 198
-
2 410
-
income
1 364
-
22 961
-
total
3 339
-
26 935
-
Employer
13 641
-
229 615
-
health
942
-
1 894
-
pensions

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

1 503
-
3 024
-
accident

We are using the highest rate at 1.1%.

150
-
302
-
unemployment
82
-
165
-
total
2 677
-
5 385
-
Corporate
218 683
235 000
-
-
income
21 868
23 500
-
-
total
21 868
23 500
-
-
Dividends
196 815
211 500
-
-
withholding
9 840
10 575
-
-
total
9 840
10 575
-
-
Income
235 000
235 000
235 000
235 000
Total tax
37 724
34 075
32 320
42 578
After tax
197 276
200 925
202 680
192 422
Living cost
10 302
10 302
10 302
10 302
Free-cash
186 974
190 623
192 378
182 120

Estimated living cost  is ₽10302 per week

₽6014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽273
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Nice , France
₽96189
₽86085
₽96659
₽91548
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
-
-
-
235 000
income
-
-
-
51 814
other
-
-
-
7 285
health
-
-
-
12 951
social contributions
-
-
-
6 696
pensions
-
-
-
32 702
surtax
-
-
-
-
total
-
-
-
111 448
Employee
33 641
-
176 708
-
pensions
3 804
-
14 432
-
income
1 985
-
44 264
-
social contributions
959
-
5 034
-
surtax
-
-
-
-
total
6 748
-
63 730
-
Employer
33 641
-
176 708
-
health
2 355
-
18 887
-
social contributions
101
-
530
-
pensions
5 527
-
23 912
-
unemployment
1 362
-
7 157
-
other
1 161
-
7 806
-
total
10 506
-
58 292
-
Corporate
190 853
235 000
-
-
income
53 439
65 800
-
-
surtax
-
-
-
-
total
53 439
65 800
-
-
Dividends
137 415
169 200
-
-
social contributions
23 635
29 102
-
-
surtax
-
-
-
-
withholding
17 590
21 657
-
-
total
41 225
50 759
-
-
Income
235 000
235 000
235 000
235 000
Total tax
111 918
116 559
122 022
111 448
After tax
123 082
118 441
112 978
123 552
Living cost
26 893
26 893
26 893
26 893
Free-cash
96 189
91 548
86 085
96 659

Estimated living cost  is ₽26893 per week

₽16957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Rotterdam , Netherlands
₽80042
₽117262
₽90094
₽84858
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
-
-
-
235 000
pensions
-
-
-
9 209
income
-
-
-
93 076
health
-
-
-
9 693
total
-
-
-
111 978
Employee
67 124
67 124
220 392
-
health
10 303
8 763
9 693
-
pensions
12 082
9 209
9 209
-
income

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

10 987
10 987
51 300
-
total
33 372
28 959
70 202
-
Employer
67 124
67 124
220 392
-
health
4 666
4 666
5 798
-
pensions
4 672
4 672
5 807
-
unemployment
2 416
2 416
3 003
-
total
11 754
11 754
14 608
-
Corporate
156 945
156 121
-
-
income
31 389
31 225
-
-
total
31 389
31 225
-
-
Dividends
125 556
124 897
-
-
income
26 681
26 541
-
-
withholding
18 834
18 735
-
-
total
45 515
45 276
-
-
Income
235 000
235 000
235 000
235 000
Total tax
122 030
117 214
84 810
111 978
After tax
112 970
117 786
150 190
123 022
Living cost
32 928
32 928
32 928
32 928
Free-cash
80 042
84 858
117 262
90 094

Estimated living cost  is ₽32928 per week

₽23335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Dresden , Germany
₽103253
₽117892
₽86636
₽94561
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.

-
-
-
235 000
trade
-
-
-
31 256
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.

-
-
-
83 346
health

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

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

-
-
-
5 370
surtax

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

-
-
-
4 584
total
-
-
-
124 556
Employee

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

30 064
-
235 000
-
health

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

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

5 370
-
5 370
-
income

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

840
-
83 346
-
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
-
4 584
-
total
6 256
-
93 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 936
235 000
-
-
income
30 740
35 249
-
-
trade
32 278
37 012
-
-
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.

1 690
1 939
-
-
chamber of commerce
413
456
-
-
total
65 121
74 656
-
-
Dividends
139 814
160 343
-
-
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.

1 906
2 188
-
-
withholding
34 656
39 787
-
-
total
36 562
41 975
-
-
Income
235 000
235 000
235 000
235 000
Total tax
107 939
116 631
93 300
124 556
After tax
127 061
118 369
141 700
110 444
Living cost
23 808
23 808
23 808
23 808
Free-cash
103 253
94 561
117 892
86 636

Estimated living cost  is ₽23808 per week

₽14976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Larnaca , Cyprus
₽148645
₽135785
₽137590
₽152922
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
-
-
-
235 000
income
-
-
-
60 501
health
-
-
-
5 992
social contributions
-
-
-
12 718
total
-
-
-
79 211
Employee
60 443
60 443
224 089
-
health
468
1 028
3 810
-
income
6 581
5 595
59 529
-
social contributions
2 285
5 016
6 766
-
total
9 334
11 639
70 105
-
Employer
60 443
60 443
224 089
-
health
509
1 119
4 145
-
social contributions
2 285
5 016
6 766
-
total
2 794
6 135
10 911
-
Corporate
204 672
168 422
-
-
income
25 583
21 053
-
-
total
25 583
21 053
-
-
Dividends
179 089
147 369
-
-
withholding
30 445
25 052
-
-
total
30 445
25 052
-
-
Income
235 000
235 000
235 000
235 000
Total tax
68 156
63 879
81 016
79 211
After tax
166 844
171 121
153 984
155 789
Living cost
18 199
18 199
18 199
18 199
Free-cash
148 645
152 922
135 785
137 590

Estimated living cost  is ₽18199 per week

₽10907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Lisbon , Portugal
₽108221
₽74483
₽95004
₽109012
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.

-
-
-
235 000
income
-
-
-
33 679
social contributions

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

-
-
-
81 662
surtax
-
-
-
-
total
-
-
-
115 341
Employee
36 152
-
189 898
-
income
7 520
-
68 630
-
social contributions
3 977
-
20 889
-
surtax
-
-
1 243
-
total
11 497
-
90 762
-
Employer
36 152
-
189 898
-
social contributions
8 586
-
45 100
-
total
8 586
-
45 100
-
Corporate
190 262
235 000
-
-
income
39 955
49 350
-
-
surtax
-
-
-
-
total
39 955
49 350
-
-
Dividends
150 307
185 650
-
-
withholding
42 086
51 983
-
-
total
42 086
51 983
-
-
Income
235 000
235 000
235 000
235 000
Total tax
102 124
101 333
135 862
115 341
After tax
132 876
133 667
99 138
119 659
Living cost
24 655
24 655
24 655
24 655
Free-cash
108 221
109 012
74 483
95 004

Estimated living cost  is ₽24655 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Batumi , Georgia
₽216001
₽181896
₽226332
₽217146
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%.

-
-
-
235 000
microenterprise

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

-
-
-
2 564
total
-
-
-
2 564
Employee
7 629
-
235 000
-
income
1 526
-
47 000
-
total
1 526
-
47 000
-
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%.

227 371
235 000
-
-
total
-
-
-
-
Dividends
227 371
235 000
-
-
withholding
11 369
11 750
-
-
total
11 369
11 750
-
-
Income
235 000
235 000
235 000
235 000
Total tax
12 895
11 750
47 000
2 564
After tax
222 105
223 250
188 000
232 436
Living cost
6 104
6 104
6 104
6 104
Free-cash
216 001
217 146
181 896
226 332

Estimated living cost  is ₽6104 per week

₽3782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽168
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Ljubljana , Slovenia
₽134139
₽76780
₽81881
₽140714
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.

-
-
-
235 000
pensions
-
-
-
42 916
unemployment
-
-
-
352
income
-
-
-
65 644
health
-
-
-
23 124
total
-
-
-
132 036
Employee

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

34 759
-
203 340
-
health
2 245
-
13 136
-
unemployment
49
-
285
-
pensions
5 388
-
31 517
-
income
5 994
-
60 541
-
total
13 676
-
105 479
-
Employer

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

34 759
-
203 340
-
health
2 315
-
13 541
-
pensions
3 076
-
17 995
-
unemployment
21
-
122
-
total
5 412
-
31 658
-
Corporate
194 830
235 000
-
-
income
37 017
44 650
-
-
total
37 017
44 650
-
-
Dividends
157 813
190 350
-
-
withholding
23 673
28 553
-
-
total
23 673
28 553
-
-
Income
235 000
235 000
235 000
235 000
Total tax
79 778
73 203
137 137
132 036
After tax
155 222
161 797
97 863
102 964
Living cost
21 083
21 083
21 083
21 083
Free-cash
134 139
140 714
76 780
81 881

Estimated living cost  is ₽21083 per week

₽14469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Sliema , Malta
₽122810
₽132665
₽166248
₽120064
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.

-
-
-
235 000
income
-
-
-
35 249
health

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

-
-
-
4 970
total
-
-
-
40 219
Employee
36 059
-
231 384
-
social contributions
3 613
-
3 616
-
income
3 913
-
66 570
-
total
7 526
-
70 186
-
Employer
36 059
-
231 384
-
social contributions
3 613
-
3 616
-
total
3 613
-
3 616
-
Corporate
195 328
235 000
-
-
income
68 365
82 250
-
-
total
68 365
82 250
-
-
Dividends
126 963
152 750
-
-
social contributions
4 153
4 153
-
-
total
4 153
4 153
-
-
Income
235 000
235 000
235 000
235 000
Total tax
83 657
86 403
73 802
40 219
After tax
151 343
148 597
161 198
194 781
Living cost
28 533
28 533
28 533
28 533
Free-cash
122 810
120 064
132 665
166 248

Estimated living cost  is ₽28533 per week

₽18795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Vilnius , Lithuania
₽127110
₽68607
₽134249
₽126702
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
-
-
-
235 000
income
-
-
-
35 249
health
-
-
-
16 404
social contributions
-
-
-
32 430
total
-
-
-
84 083
Employee
26 651
-
235 000
-
health
1 860
-
16 404
-
income
4 445
-
100 891
-
social contributions
3 678
-
32 430
-
total
9 983
-
149 725
-
Employer
26 651
-
235 000
-
total
-
-
-
-
Corporate
208 349
235 000
-
-
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%.

10 418
11 750
-
-
total
10 418
11 750
-
-
Dividends
197 931
223 250
-
-
social contributions
27 315
30 809
-
-
withholding
29 690
33 488
-
-
health
13 816
15 583
-
-
total
70 821
79 880
-
-
Income
235 000
235 000
235 000
235 000
Total tax
91 222
91 630
149 725
84 083
After tax
143 778
143 370
85 275
150 917
Living cost
16 668
16 668
16 668
16 668
Free-cash
127 110
126 702
68 607
134 249

Estimated living cost  is ₽16668 per week

₽11155
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Prague , Czech Republic
₽131944
₽111540
₽122669
₽139793
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
-
-
-
235 000
income
-
-
-
26 637
health
-
-
-
31 725
social contributions
-
-
-
25 694
solidarity contribution
-
-
-
6 271
total
-
-
-
90 327
Employee
32 358
-
195 414
-
health
4 368
-
26 381
-
solidarity contribution
-
-
5 272
-
income
3 883
-
24 497
-
social contributions
2 103
-
5 720
-
total
10 354
-
61 870
-
Employer
32 358
-
195 414
-
health
2 912
-
17 587
-
social contributions
8 090
-
21 999
-
total
11 002
-
39 586
-
Corporate
191 640
235 000
-
-
income
36 412
44 650
-
-
total
36 412
44 650
-
-
Dividends
155 229
190 350
-
-
withholding
23 284
28 553
-
-
total
23 284
28 553
-
-
Income
235 000
235 000
235 000
235 000
Total tax
81 052
73 203
101 456
90 327
After tax
153 948
161 797
133 544
144 673
Living cost
22 004
22 004
22 004
22 004
Free-cash
131 944
139 793
111 540
122 669

Estimated living cost  is ₽22004 per week

₽16363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Tbilisi , Georgia
₽211956
₽178489
₽222925
₽213739
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%.

-
-
-
235 000
microenterprise

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

-
-
-
2 564
total
-
-
-
2 564
Employee
11 889
-
235 000
-
income
2 378
-
47 000
-
total
2 378
-
47 000
-
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%.

223 111
235 000
-
-
total
-
-
-
-
Dividends
223 111
235 000
-
-
withholding
11 155
11 750
-
-
total
11 155
11 750
-
-
Income
235 000
235 000
235 000
235 000
Total tax
13 533
11 750
47 000
2 564
After tax
221 467
223 250
188 000
232 436
Living cost
9 511
9 511
9 511
9 511
Free-cash
211 956
213 739
178 489
222 925

Estimated living cost  is ₽9511 per week

₽6436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽319
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Paris , France
₽85878
₽75013
₽85587
₽80476
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
-
-
-
235 000
income
-
-
-
51 814
other
-
-
-
7 285
health
-
-
-
12 951
social contributions
-
-
-
6 696
pensions
-
-
-
32 702
surtax
-
-
-
-
total
-
-
-
111 448
Employee
49 231
-
176 708
-
pensions
5 568
-
14 432
-
income
4 296
-
44 264
-
social contributions
1 402
-
5 034
-
surtax
-
-
-
-
total
11 266
-
63 730
-
Employer
49 231
-
176 708
-
health
3 446
-
18 887
-
social contributions
148
-
530
-
pensions
8 089
-
23 912
-
unemployment
1 994
-
7 157
-
other
1 699
-
7 806
-
total
15 376
-
58 292
-
Corporate
170 393
235 000
-
-
income
47 711
65 800
-
-
surtax
-
-
-
-
total
47 711
65 800
-
-
Dividends
122 682
169 200
-
-
social contributions
21 101
29 102
-
-
surtax
-
-
-
-
withholding
15 703
21 657
-
-
total
36 804
50 759
-
-
Income
235 000
235 000
235 000
235 000
Total tax
111 157
116 559
122 022
111 448
After tax
123 843
118 441
112 978
123 552
Living cost
37 965
37 965
37 965
37 965
Free-cash
85 878
80 476
75 013
85 587

Estimated living cost  is ₽37965 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Belgrade , Serbia
₽152379
₽144079
₽144077
₽156235
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.

-
-
-
235 000
pensions
-
-
-
15 059
unemployment
-
-
-
869
income
-
-
-
55 476
health
-
-
-
5 966
total
-
-
-
77 370
Employee

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

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

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

20 437
-
224 633
-
health
1 053
-
2 983
-
unemployment
153
-
434
-
pensions
2 861
-
8 108
-
income
2 817
-
55 476
-
total
6 884
-
67 001
-
Employer

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

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

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

20 437
-
224 633
-
health
1 053
-
2 983
-
pensions
2 452
-
6 950
-
unemployment
153
-
434
-
total
3 658
-
10 367
-
Corporate
210 904
235 000
-
-
income
31 636
35 250
-
-
total
31 636
35 250
-
-
Dividends
179 269
199 750
-
-
withholding
26 890
29 962
-
-
total
26 890
29 962
-
-
Income
235 000
235 000
235 000
235 000
Total tax
69 068
65 212
77 368
77 370
After tax
165 932
169 788
157 632
157 630
Living cost
13 553
13 553
13 553
13 553
Free-cash
152 379
156 235
144 079
144 077

Estimated living cost  is ₽13553 per week

₽9125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Zurich , Switzerland
₽76880
₽119706
₽126275
₽54010
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
-
-
-
235 000
pensions
-
-
-
21 620
city
-
-
-
2 485
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 069
health
-
-
-
529
regional
-
-
-
15 915
national
-
-
-
10 657
total
-
-
-
55 275
Employee
62 550
-
212 666
-
health
141
-
479
-
unemployment
-
-
1 064
-
city
671
-
2 313
-
pensions
5 255
-
14 484
-
regional
2 048
-
14 333
-
national
296
-
9 075
-
total
8 411
-
41 748
-
Employer
62 550
-
212 666
-
health
141
-
479
-
pensions
5 255
-
14 484
-
unemployment
-
-
1 064
-
other

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

1 251
-
4 069
-
total
6 647
-
20 096
-
Corporate
165 115
235 000
-
-
regional
34 922
49 702
-
-
national
14 035
19 975
-
-
total
48 957
69 677
-
-
Dividends
116 157
165 323
-
-
withholding
40 655
57 863
-
-
total
40 655
57 863
-
-
Income
235 000
235 000
235 000
235 000
Total tax
104 670
127 540
61 844
55 275
After tax
130 330
107 460
173 156
179 725
Living cost
53 450
53 450
53 450
53 450
Free-cash
76 880
54 010
119 706
126 275

Estimated living cost  is ₽53450 per week

₽34758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽13239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

Helsinki , Finland
₽113508
₽80450
₽107366
₽108331
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

-
-
-
235 000
municipal
-
-
-
41 708
health
-
-
-
3 291
national
-
-
-
52 457
total
-
-
-
97 456
Employee
41 355
-
197 694
-
health
309
-
2 716
-
unemployment
621
-
2 965
-
pensions
2 791
-
13 344
-
national
683
-
35 881
-
municipal
6 774
-
32 160
-
total
11 178
-
87 066
-
Employer
41 355
-
197 694
-
health
318
-
1 523
-
pensions
7 175
-
34 301
-
accident
42
-
198
-
unemployment
268
-
1 284
-
total
7 803
-
37 306
-
Corporate
185 842
235 000
-
-
income
37 169
47 001
-
-
total
37 169
47 001
-
-
Dividends

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

111 505
141 000
-
-
municipal
20 070
25 380
-
-
national
15 094
24 110
-
-
total
35 164
49 490
-
-
Income
235 000
235 000
235 000
235 000
Total tax
91 314
96 491
124 372
97 456
After tax
143 686
138 509
110 628
137 544
Living cost
30 178
30 178
30 178
30 178
Free-cash
113 508
108 331
80 450
107 366

Estimated living cost  is ₽30178 per week

₽19712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Brussels , Belgium
₽89928
₽48688
₽73845
₽97052
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
-
-
-
235 000
communal

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

-
-
-
12 924
social contributions
-
-
-
19 597
national
-
-
-
99 974
total
-
-
-
132 495
Employee

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

56 226
-
182 013
-
health

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

2 642
-
8 555
-
communal

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

2 933
-
9 493
-
unemployment

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

489
-
1 584
-
pensions

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

4 217
-
13 652
-
national
17 286
-
71 383
-
total
27 567
-
104 667
-
Employer

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

56 226
-
182 013
-
health

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

3 458
-
11 193
-
pensions

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

4 982
-
16 126
-
surtax
6 375
-
20 642
-
accident

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

731
-
2 366
-
unemployment

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

820
-
2 658
-
total
16 366
-
52 985
-
Corporate
162 408
235 000
-
-
income
33 674
54 726
-
-
surtax
674
1 095
-
-
total
34 348
55 821
-
-
Dividends
128 060
179 179
-
-
withholding

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

38 131
53 467
-
-
total
38 131
53 467
-
-
Income
235 000
235 000
235 000
235 000
Total tax
116 412
109 288
157 652
132 495
After tax
118 588
125 712
77 348
102 505
Living cost
28 660
28 660
28 660
28 660
Free-cash
89 928
97 052
48 688
73 845

Estimated living cost  is ₽28660 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Stockholm , Sweden
₽93453
₽80540
₽81367
₽94218
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
-
-
-
235 000
unemployment
-
-
-
75
municipal
-
-
-
63 622
other
-
-
-
8 682
health
-
-
-
4 662
national
-
-
-
34 274
accident
-
-
-
149
pensions
-
-
-
8 077
total
-
-
-
119 541
Employee
48 578
-
211 524
-
national
-
-
33 816
-
municipal
14 486
-
63 076
-
total
14 486
-
96 892
-
Employer
48 578
-
211 524
-
health
2 988
-
4 595
-
pensions
5 251
-
8 077
-
accident
97
-
149
-
unemployment
1 282
-
1 973
-
other
5 645
-
8 682
-
total
15 263
-
23 476
-
Corporate
171 158
235 000
-
-
income
37 655
51 700
-
-
total
37 655
51 700
-
-
Dividends
133 504
183 300
-
-
withholding
40 051
54 990
-
-
total
40 051
54 990
-
-
Income
235 000
235 000
235 000
235 000
Total tax
107 455
106 690
120 368
119 541
After tax
127 545
128 310
114 632
115 459
Living cost
34 092
34 092
34 092
34 092
Free-cash
93 453
94 218
80 540
81 367

Estimated living cost  is ₽34092 per week

₽22595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Oslo , Norway
₽63085
₽185415
₽124405
₽104975
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
-
-
-
235 000
income
-
-
-
45 806
social contributions
-
-
-
26 790
total
-
-
-
72 596
Employee
54 485
-
-
-
income
12 018
-
-
-
social contributions
4 468
-
637
-
total
16 486
-
637
-
Employer
54 485
-
-
-
social contributions
76 824
-
10 949
-
total
76 824
-
10 949
-
Corporate
103 692
235 000
-
-
income
22 812
51 700
-
-
total
22 812
51 700
-
-
Dividends
80 879
183 300
-
-
income
17 794
40 326
-
-
total
17 794
40 326
-
-
Income
235 000
235 000
235 000
235 000
Total tax
133 916
92 026
11 586
72 596
After tax
101 084
142 974
223 414
162 404
Living cost
37 999
37 999
37 999
37 999
Free-cash
63 085
104 975
185 415
124 405

Estimated living cost  is ₽37999 per week

₽24655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Limassol , Cyprus
₽142366
₽128489
₽130294
₽145626
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
-
-
-
235 000
income
-
-
-
60 501
health
-
-
-
5 992
social contributions
-
-
-
12 718
total
-
-
-
79 211
Employee
60 443
60 443
224 089
-
health
601
1 028
3 810
-
income
6 347
5 595
59 529
-
social contributions
2 937
5 016
6 766
-
total
9 885
11 639
70 105
-
Employer
60 443
60 443
224 089
-
health
655
1 119
4 145
-
social contributions
2 937
5 016
6 766
-
total
3 592
6 135
10 911
-
Corporate
196 028
168 422
-
-
income
24 503
21 053
-
-
total
24 503
21 053
-
-
Dividends
171 524
147 369
-
-
withholding
29 159
25 052
-
-
total
29 159
25 052
-
-
Income
235 000
235 000
235 000
235 000
Total tax
67 139
63 879
81 016
79 211
After tax
167 861
171 121
153 984
155 789
Living cost
25 495
25 495
25 495
25 495
Free-cash
142 366
145 626
128 489
130 294

Estimated living cost  is ₽25495 per week

₽17428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Edinburgh , United Kingdom
₽119196
₽99304
₽120014
₽114696
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
-
-
-
235 000
income
-
-
-
77 906
pensions
-
-
-
8 859
total
-
-
-
86 765
Employee
38 737
-
204 351
-
health
505
-
2 569
-
pensions
2 957
-
10 157
-
income
7 054
-
64 100
-
total
10 516
-
76 826
-
Employer
38 737
-
204 351
-
health
736
-
3 882
-
pensions
3 914
-
26 767
-
total
4 650
-
30 649
-
Corporate
191 613
235 000
-
-
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.

36 406
44 651
-
-
total
36 406
44 651
-
-
Dividends
155 206
190 349
-
-
withholding
36 011
47 432
-
-
total
36 011
47 432
-
-
Income
235 000
235 000
235 000
235 000
Total tax
87 583
92 083
107 475
86 765
After tax
147 417
142 917
127 525
148 235
Living cost
28 221
28 221
28 221
28 221
Free-cash
119 196
114 696
99 304
120 014

Estimated living cost  is ₽28221 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details

Additional information

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

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

Rome , Italy
₽88894
₽75930
₽82385
₽92468
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
-
-
-
235 000
municipal
-
-
-
1 762
regional
-
-
-
6 252
social contributions
-
-
-
39 341
national
-
-
-
73 946
total
-
-
-
121 301
Employee
66 236
-
235 000
-
social contributions
22 335
-
51 577
-
regional
1 000
-
5 845
-
national
11 193
-
68 683
-
municipal
395
-
1 651
-
total
34 923
-
127 756
-
Employer
66 236
-
235 000
-
total
-
-
-
-
Corporate
168 764
235 000
-
-
nationa
40 503
56 399
-
-
municipal
8 134
11 328
-
-
total
48 637
67 727
-
-
Dividends
120 127
167 273
-
-
withholding
31 232
43 491
-
-
total
31 232
43 491
-
-
Income
235 000
235 000
235 000
235 000
Total tax
114 792
111 218
127 756
121 301
After tax
120 208
123 782
107 244
113 699
Living cost
31 314
31 314
31 314
31 314
Free-cash
88 894
92 468
75 930
82 385

Estimated living cost  is ₽31314 per week

₽21996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Gdansk , Poland
₽16459
₽114394
₽143497
₽2248
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
-
-
-
235 000
pensions
-
-
-
3 175
income
-
-
-
69 401
other
-
-
-
283
health
-
-
-
1 664
accident
-
-
-
193
total
-
-
-
74 716
Employee
26 407
-
217 627
-
health
3 024
-
24 918
-
pensions
2 974
-
5 822
-
income
3 623
-
55 706
-
total
9 621
-
86 446
-
Employer
26 407
-
217 627
-
pensions
4 294
-
8 407
-
accident
441
-
3 634
-
unemployment
647
-
5 332
-
total
5 382
-
17 373
-
Corporate
203 211
235 000
-
-
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.

182 890
211 500
-
-
total
182 890
211 500
-
-
Dividends
20 321
23 500
-
-
withholding
3 861
4 465
-
-
total
3 861
4 465
-
-
Income
235 000
235 000
235 000
235 000
Total tax
201 754
215 965
103 819
74 716
After tax
33 246
19 035
131 181
160 284
Living cost
16 787
16 787
16 787
16 787
Free-cash
16 459
2 248
114 394
143 497

Estimated living cost  is ₽16787 per week

₽12304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Berlin , Germany
₽100719
₽111353
₽82874
₽90439
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.

-
-
-
235 000
trade
-
-
-
28 479
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.

-
-
-
83 346
health

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

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

-
-
-
5 370
surtax

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

-
-
-
4 584
total
-
-
-
121 779
Employee

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

39 110
-
235 000
-
health

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

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

5 370
-
5 370
-
income

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

3 216
-
83 346
-
surtax

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

178
-
4 584
-
total
8 764
-
93 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 890
235 000
-
-
income
29 384
35 249
-
-
trade
28 110
33 722
-
-
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.

1 615
1 939
-
-
chamber of commerce
407
464
-
-
total
59 516
71 374
-
-
Dividends
136 373
163 626
-
-
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.

1 859
2 233
-
-
withholding
33 795
40 607
-
-
total
35 654
42 840
-
-
Income
235 000
235 000
235 000
235 000
Total tax
103 934
114 214
93 300
121 779
After tax
131 066
120 786
141 700
113 221
Living cost
30 347
30 347
30 347
30 347
Free-cash
100 719
90 439
111 353
82 874

Estimated living cost  is ₽30347 per week

₽20934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source

Additional information

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

Riga , Latvia
₽165199
₽88879
₽73035
₽171646
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.

-
-
-
235 000
income
-
-
-
55 570
microenterprise
-
-
-
-
social contributions

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

-
-
-
30 116
surtax
-
-
-
59 926
total
-
-
-
145 612
Employee
22 968
-
191 381
-
income
4 089
-
48 094
-
social contributions

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

2 527
-
10 304
-
surtax
-
-
27 751
-
total
6 616
-
86 149
-
Employer
22 968
-
191 381
-
social contributions

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

5 533
-
22 567
-
surtax
-
-
21 052
-
total
5 533
-
43 619
-
Corporate
206 499
235 000
-
-
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%.

41 299
47 001
-
-
total
41 299
47 001
-
-
Dividends

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

165 200
187 999
-
-
total
-
-
-
-
Income
235 000
235 000
235 000
235 000
Total tax
53 448
47 001
129 768
145 612
After tax
181 552
187 999
105 232
89 388
Living cost
16 353
16 353
16 353
16 353
Free-cash
165 199
171 646
88 879
73 035

Estimated living cost  is ₽16353 per week

₽10433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details Source
Istanbul , Turkey
₽135261
₽136542
₽137238
₽136867
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
-
-
-
235 000
income
-
-
-
75 693
health
-
-
-
5 168
pensions
-
-
-
7 128
total
-
-
-
87 989
Employee
14 885
-
226 981
-
health
744
-
1 782
-
unemployment
149
-
357
-
pensions
1 340
-
3 208
-
income
2 879
-
75 318
-
total
5 112
-
80 665
-
Employer
14 885
-
226 981
-
health
1 414
-
3 386
-
pensions
1 637
-
3 921
-
unemployment
298
-
713
-
total
3 349
-
8 020
-
Corporate
216 766
235 000
-
-
income
47 689
51 700
-
-
total
47 689
51 700
-
-
Dividends
169 078
183 300
-
-
withholding
33 816
36 660
-
-
total
33 816
36 660
-
-
Income
235 000
235 000
235 000
235 000
Total tax
89 966
88 360
88 685
87 989
After tax
145 034
146 640
146 315
147 011
Living cost
9 773
9 773
9 773
9 773
Free-cash
135 261
136 867
136 542
137 238

Estimated living cost  is ₽9773 per week

₽5807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Athens , Greece
₽127659
₽87470
₽92274
₽130160
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
-
-
-
235 000
pensions
-
-
-
20 982
unemployment
-
-
-
179
income
-
-
-
81 838
other
-
-
-
-
health
-
-
-
7 448
surtax
-
-
-
14 624
total
-
-
-
125 071
Employee
26 471
-
212 918
-
health
676
-
2 675
-
unemployment
1 842
-
7 302
-
pensions
1 766
-
6 997
-
income
4 438
-
77 136
-
other
-
-
-
-
surtax
94
-
13 683
-
total
8 816
-
107 793
-
Employer
26 471
-
212 918
-
health
1 204
-
4 773
-
pensions
3 529
-
13 984
-
unemployment
840
-
3 325
-
other
-
-
-
-
total
5 573
-
22 082
-
Corporate
202 956
235 000
-
-
income
52 769
61 100
-
-
total
52 769
61 100
-
-
Dividends
150 187
173 900
-
-
withholding
22 528
26 085
-
-
total
22 528
26 085
-
-
Income
235 000
235 000
235 000
235 000
Total tax
89 686
87 185
129 875
125 071
After tax
145 314
147 815
105 125
109 929
Living cost
17 655
17 655
17 655
17 655
Free-cash
127 659
130 160
87 470
92 274

Estimated living cost  is ₽17655 per week

₽10659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
Adjust living cost Show details
Graz , Austria
₽103722
₽34964
₽94519
₽104111
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
-
-
-
235 000
pensions
-
-
-
16 988